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NHPC announced that incessant rain and high discharge at one of the under-construction project of the Company i.e. Subansiri Lower HE Project (2,000 MW) has resulted in partial flooding of Power House on 25 September 2022 and all requisite possible measures have been/are being taken to protect the structure and minimize any potential consequential losses. No significant impact is anticipated in project commissioning schedule due […]

Weakness in the greenback supported gains in the Indian rupee that settled higher by 9 paise at 81.58 (provisional) against the US dollar on Tuesday. At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intra-day high of 81.30 and a low of 81.64 during the session. It finally ended at 81.58, up 9 paise from its previous […]

Reliance Industries (RIL), Infosys and HDFC Bank were the top traded contracts.

Copper futures bounced back well more than 1% on Tuesday, tracking positive equities. Asian stocks finished with gains. European stocks are mostly trading in positive territory. Wall Street Futures too indicate gains on opening. Meanwhile, weakness in dollar after a massive surge during the last few days is also supporting gains in the red metal. COMEX copper is currently up 1.21% at $3.33 per pound. […]

HTL, a material subsidiary of HFCL, has established a state-of-the-art Polymer Compounding facility as backward integration at its Hosur plant in Tamil Nadu for manufacturing of Polyolefin based compounds of various grades and colours which are required as raw material for manufacturing of Optical Fibre Cables. With an installed capacity of 24,000 MT per annum, this backward integration will ensure seamless availability of various grades […]

Business Wire IndiaThis press release has been reissued because of some updates in the original post, distributed on Monday, September 19, 2022, 5:42 PM IST. Tata Capital’s Home Loan offering, popular for its low interest rates and simple application process, also provides a seamless home loan balance transfer process. You can now move your home loans from other financial institutes to Tata Capital without much hassle. If your […]

Exide Industries announced the Bhoomi Poojan ceremony for its 1st lithium-ion cell manufacturing facility on Tuesday, 27 September22, at the Hi-Tech Defense & Aerospace park Phase 2, Bengaluru. The event marked the formal start of construction of one of Indias first multi-gigawatt hour lithium- ion cell manufacturing facility. Exides proposed Gigafactory will be spread over 80 acres of land and will be producing technology leading […]

Ipca Laboratories has received credit ratings from ICRA as under: Fund/ Non fund based working capital limits (Rs 1750 crore) – IND AA+/ Stable / IND A1+ (assigned) Long term loan (Rs 400 crore) – IND AA+ / Stable / IND A1+ (assigned) Commercial paper (Rs 50 crore) – IND A1+ (assigned) Powered by Capital Market – Live News

The equity market extended losses to fifth day on Tuesday, ending marginally lower after a volatile session. FMCG, pharma and IT shares advanced while banks and financial services stocks declined. The Nifty settled above the 17,000 mark after hitting the days low of 16,942.35 in mid-morning trade. The barometer index, the S&P BSE Sensex, declined 37.70 points or 0.07% to 57,107.52. The Nifty 50 index […]

Japanese share market finished session higher on Tuesday, 27 September 2022, as investors chased for bottom fishing after falling sharply in the three previous sessions. However, market gains capped amid persistent worries over the global economic outlook. At closing bell, the 225-issue Nikkei Stock Average index was up 140.32 points, or 0.53%, to 26,571.87. The broader Topix index of all First Section issues on the […]