News Overview

The US stocks mostly tumbled on Wednesday, 11 May 2022, with the trio Dow Jones Industrial Average, the Nasdaq, and the S&P 500 settling session at their lowest closing levels in over a year. The risk aversion selloff emerged on Wall Street after inflation data did little to ease investor worries over the outlook for interest rates and the potential for an economic slowdown. At […]

The domestic equity benchmarks opened lower and traded with major losses in early trade. The Nifty traded below the 15,950 mark. All sectoral indices on the NSE traded in the red with PSU bank, consumer durables and media shares falling the most. Domestic sentiment was dented amid negative global cues. At 09:22 IST, the barometer index, S&P BSE Sensex was down 795.62 points or 1.47% […]

At meeting held on 11 May 2022

Punjab National Bank tumbled 9.37% to Rs 30 after the banks net profit declined 65.6%to Rs 202 crore on 1.4% fall in total income to Rs 21,095 crore in Q4 March 2022 over Q4 March 2021.

Brightcom Group announced that the company expects the deposit of bonus shares into all shareholder accounts to be completed on or before 19 May 2022. Powered by Capital Market – Live News

Sustained foreign fund outflows and renewed global growth concerns are expected to halt rupee rally on Thursday, 12 May 2022. However, slight pull back in dollar after a spurt overnight could lend some support to the local unit. Dollar continues to stay at 20 year peaks on renewed expectations of aggressive rate hike by Federal Reserve following hotter than expected inflation data. On Wednesday, rupee […]

JMC Projects (India) has secured new orders of Rs 2,348 crore (Including orders of Rs 155 crore received in the month of March 2022). The details are as follows: ? Water Supply Projects in India of Rs 2,193 crore ? B&F Projects in India of Rs 155 crorePowered by Capital Market – Live News

The new low environmental impact production for dry bushings in Vadodara reflects Hitachi Energy's commitment to accelerate reliable power in the Indian grid.

IMAP India acted as strategic and financial advisor to the Company and DSK Legal acted as legal advisor to the Company for the mentioned transactions.

"These new orders will help us to strengthen our market position in high growth businesses", said CEO of the Company.