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The rating agency has reviewed commercial paper worth Rs500 crore.

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Fortis Healthcare slumped 14.07% to Rs 267.40 after the Supreme Court ordered a forensic audit of the share sale in Fortis Healthcare in 2018 and refused to allow the open offer from Malaysias IHH Healthcare to proceed.

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The Swiss National Bank raised its key interest rate to positive territory on Thursday to counter the renewed rise in inflationary pressure. The central bank hiked the SNB policy rate by 0.75 percentage points to 0.5 percent, as expected. This was the second consecutive rate hike. The interest rate turned positive for the first time since early 2015. The inflation projection for this year was […]

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Venus Pipes & Tubes added 2.19% to Rs 571.90 after the companys board approved a capacity expansion plan of Rs 50 crore for bigger diameter tube mill to manufacture stainless steel welded pipes.

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The domestic equity benchmarks traded with minor losses in the mid-afternoon trade. Domestic sentiment was dented amid negative global cues. The Nifty traded a tad below the 17,700 level. Media, FMCG and consumer durables stocks rose while bank and financial services shares decline.Trading was volatile due to the expiry of weekly index options on the NSE today. At 14:29 IST, the barometer index, the S&P […]

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Massive strength in the US dollar following a 75 basis point Fed rate hike coupled with hawkish message by the central bank on future rate hikes added immense pressure on Gold that fell to a near two and half year low. Fed Chair Jerome Powell said the bank needed to take much more aggressive measures to combat red-hot inflation, and was prepared to put some […]

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Hindustan Oil Exploration Company Ltd, Sunteck Realty Ltd, Sona BLW Precision Forgings Ltd and Varroc Engineering Ltd are among the other losers in the BSEs A group today, 22 September 2022.

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Tasty Dairy Specialities Ltd, Tourism Finance Corporation of India Ltd, Jayaswal Neco Industries Ltd and Excel Realty N Infra Ltd are among the other losers in the BSEs B group today, 22 September 2022.

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Ugro Capital said that its investment and borrowing committee of the board has approved an issuance of 700 non-convertible debentures (NCDs) aggregating upto Rs 70 crore including a green shoe option of upto 200 NCDs aggregating upto Rs 20 crore.

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