News Overview

Equity indices opened higher and traded with strong gains in early trade. The Nifty traded above the key 17,000 level. Positive global stocks boosted sentiment in early trade. At 9:23 IST, the barometer index, the S&P BSE Sensex, was up 418.44 points or 0.74% at 56,881.59. The Nifty 50 index rallied 118.75 points or 0.7% at 17,077.65. The broader market traded with decent gains. The […]

Tata Steel Long Products tumbled 4.59% to Rs 762.75 after the company reported 82.5% drop in net profit to Rs 59.62 crore in Q4 FY22 from Rs 339.85 crore in Q4 FY21.

The company has also entered into a research and collaboration agreement with Selvax to accelerate the commercialization of Selvax's cancer immunotherapy treatment.

The agreed upon consideration for the said Slump Sale is Rs4,800 lakh, said company.

The Letter of Acceptance for the contract is issued by MCGM and the works are scheduled to be completed in a period of 51months as per the Contract terms.

This order was received in the presence of Shri B Veera Reddy, Director (Tech), CIL, Kolkata.

The increase in prices would vary across models and variants.

Indian Rupee is likely to start in a cautious manner after falling sharply in last session as equities continued to tank. The INR lost 26 paise to 76.55 per US dollar. The benchmark indices ended with major losses on Tuesday, extending their losing run to fifth consecutive session. Major selling was witnessed in the fag end of the session. Weakness in the European markets amid […]

COMEX Copper futures slipped in last session, giving up from two week highs on worries about the fallout from Chinas lockdowns in major cities. Market also remained worries about demand in emerging economies. The IMF cut global growth estimates in a latest update that noted that monetary tightening by central banks of advanced economies may stoke inflation in emerging markets due to currency depreciation, necessitating […]

For development of SRM drive platforms for electric vehicles