News Overview

Additionally, the company, in consultation with the lead bankers to the issue may consider a Pre-IPO placement of equity shares aggregating up to Rs50 crore.

The benchmark barometers resumed their uptrend and marched towards the days high in mid-morning trade. The Nifty hovered near the 16,000 mark. All the sectoral indices on the NSE were currently trading in the green, with autos, PSU banks and FMCG stocks rising the most. At 11:28 IST, the barometer index, S&P BSE Sensex was up 519.66 points or 0.98% to 53,449.97. The Nifty 50 […]

Patel Engineering announced that it has bagged a Rs. 2,461 crore contract for the works of ?Construction of Diversion Tunnel, Concrete Gravity Dam, Intake, Pressure Shafts, Underground Power House & Tailrace Tunnel (Lot 1) for Kwar HE Project in District Kishtwar, J & K, India? (Kwar HE Project). The Kwar HE Project is being executed by Chenab Valley Power Projects , a Joint Venture of […]

The product is developed using patented Thinoral technology.

Tata Motors jumped 9.19% to Rs 406.30 after the company reported a consolidated net loss of Rs 1,032.84 crore in Q4 FY22 as against a net loss of Rs 7,605.40 crore in Q4 FY21.

. In fact, from a level of 4.35% in September 2021, the headline CPI inflation has rallied by 344 basis points over the last 7 months.

Export prices in South Korea advanced 1.0 percent on month in April, slowing from the 6.2 percent increase in March, according to the Bank of Korea. On a yearly basis, export prices jumped 21.4 percent, down from 23.4 percent in the previous month. Individually, prices for agricultural exports rose 0.2 percent on month and 20.1 percent on year, while manufacturing products gained 1.0 percent on […]

According to BusinessNZ, the manufacturing sector in New Zealand continued to expand in April, albeit at a slower pace, with a PMI score of 51.2. Thats down from 53.8 in March, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Among the individual components of the survey, finished stocks (54.7) and new orders (56.0) expanded, while deliveries (49.5), production (49.1) […]

Larsen & Toubro advanced 2.76% to Rs 1566.35 after the companys construction arm secured significant contract for its water & effluent treatment business.

CPI inflation surged to 7.79% on yearly basis in Apr’22 as compared to 6.95% in Feb’22 mainly on account of food price inflation.