News Overview

COMEX Copper futures zoomed up today amid supportive equities despite weak cues on the global manufacturing front. The rate of expansion in global manufacturing production slipped to its lowest during the current 21-month sequence of increase. Output and demand growth were hampered by multiple headwinds, including ongoing COVID disruptions, stretched global supply chains, rising inflationary pressures and elevated geopolitical tensions. The J.P.Morgan Global Manufacturing PMI […]

DCB Bank has revised the Marginal Cost of Funds based Lending Rate (MCLR) with effect from 05 April 2022 as under: Overnight MCLR – 8.26% One month – 8.26% Three months – 8.96% Six months – 9.16% One year – 9.21% Powered by Capital Market – Live News

At the same time, coal production of captive mines has gone up to 89.57 MT with an increase of 29.47 per cent. During 2020-21 it was only 69.18 MT.

Southern Petrochemicals Industries Corporation announced that the companys plants at Tuticorin have restarted and production of urea has resumed at 1550 Hrs on 02 April 2022. Powered by Capital Market – Live News

At 75.5725/5850 per Dollar

Benchmark indices surged on Monday, supported by a rally in HDFC twins post merger announcement. All the sectoral indices on the NSE ended in the green. Banks, financials and healthcare stocks were in demand. The Nifty closed above the 18,000 mark after a hitting a days high of 18,114.65 in morning trade. The S&P BSE Sensex added 1,335.05 points or 2.25% at 60,611.74. The Nifty […]

Tata Consultancy Services has entered into a strategic partnership with Payments Canada, the countrys largest payment organization, to transform its payment system operations and help implement the Real-Time Rail (RTR), the new real-time payments system that will allow Canadians to initiate payments and receive irrevocable funds in seconds, 24/7/365. TCS will leverage its deep knowledge of the Canadian payments industry and extensive experience in designing […]

The offer received bids for 2.91 crore shares as against 85 lakh shares on offer.

Pooling of investor’s funds and units by stock-brokers and clearing members in any form / manner and by the Mutual Fund Investment Advisors / Distributors (wherever it was taking place) for mutual fund transactions was to be discontinued from April 1, 2022.

PVR announced that CRISIL has rated the companys bank facilities aggregating Rs 1033.33 crore at CRISIL A+ while the Rs 250 crore long term principal protected market linked debentures are placed at CRISIL PPMLD A+ r. The companys non-convertible debentures aggregating Rs 150 crore are rated at CRISIL A+. CRISIL Ratings has placed its ratings on the long-term bank facilities and debt programmes of PVR […]