The company said that it has invested Rs 650 crore in Policybazaar Insurance Brokers, and another Rs 250 crore Paisabazaar Marketing and Consulting, both being its wholly owned subsidiaries.
Welspun Corp's share in purchase consideration is Rs589 crore.
Power Grid Corporation of India Ltd is quoting at Rs 221.35, down 2.51% on the day as on 13:19 IST on the NSE. The stock jumped 24.18% in last one year as compared to a 1.05% slide in NIFTY and a 23.79% spurt in the Nifty Auto index.
Construction businesses may increase bid cycle time from tender to execution, win ratio through prior tender analytics and efficient quoting, and personnel and inventory usage through improved planning with Construction 360.
The ratings reflect expectation of sustained improvement in the operating performance of VEL.
Varun Beverages Ltd is quoting at Rs 1155.1, up 2.73% on the day as on 12:49 IST on the NSE. The stock is up 86.11% in last one year as compared to a 1.44% jump in NIFTY and a 8.23% jump in the Nifty Financial Services index.
The US commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.1 million barrels from the previous week. At 430.8 million barrels, US crude oil inventories are about 2% below the five year average for this time of year, according to the EIA crude oil and petroleum weekly storage data, reporting inventories as of September 16, 2022. US crude oil refinery […]
The domestic equity barometers came off the days low in the afternoon trade. Domestic sentiment was dented amid negative global cues. The Nifty traded above the 17,600 level after hitting the days low of 17,532.45 in the afternoon trade. FMCG, media and metal stocks rose while bank, financial services and realty shares decline. At 13:28 IST, the barometer index, the S&P BSE Sensex, was down […]
The board meeting will take place roughly two months after Heritage Foods released its Q1 FY23 results, which showed a year-over-year increase in revenue of 27%

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