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Union Ministry of Health & Family Welfare has rushed a high-level multi-disciplinary team to Kerala to collaborate with the State Health Authorities in instituting public health measures in view of the confirmed case of Monkey Pox in Kollam district of Kerala. The Central team to Kerala comprises of experts drawn from National Center for Disease Control (NCDC), Dr. RML Hospital, New Delhi and senior official […]

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Sebi, the Securities and Exchange Board of India, has increased its surveillance of rapidly expanding alternative investment funds (AIFs).

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FMCG shares gain

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FMCG stocks were trading in the positive zone, with the S&P BSE FMCG Sector index rising 166.37 points or 1.12% at 15038.05 at 09:47 IST.

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The key equity indices are trading with modest gains in the early trade on buying demand in index pivotal. The Nifty traded a tad below the key 16,000 level. Barring Nifty Metal index all the sectoral indices on the NSE were trading in the green. At 09:29 IST, the barometer index, the S&P BSE Sensex, was up 183.8 points or 0.34% to 53,599.95. The Nifty […]

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According to reports from ET, Kotak Mahindra Bank-backed Phoenix Asset Reconstruction Company (ARC) had bought a distressed loan portfolio totaling Rs1,470 crore rupees from L&T Finance, including two blocked advances to Future Group firms.

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FMCG, Auto and consumer durables stocks outperformed, while metals witnessed lackluster demand.

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Company’s Profit After Tax stood for Q1FY23 at Rs43.30 crore, marginally down against Rs47.50 crore in Q1FY22.

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Auto stocks were trading in green, with the S&P BSE Auto index rising 253.73 points or 0.91% at 28010.97 at 09:47 IST.

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Jindal Steel & Power Ltd has added 1.29% over last one month compared to 5.25% fall in S&P BSE Metal index and 2.02% rise in the SENSEX

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