News Overview

NMDC announced that the Company has executed the Share Purchase Agreement and Escrow Agreement Definitive Agreements for sale of its entire equity holding of the Company 1010Percentage in Neelachal Ispat Nigam NINL to Tata Steel Long Products TSLP the successful bidder selected through the two stage auction procedure involving a competitive bidding process run under the aegis of Department of Disinvestment Public Asset Management DIPAM

TVS Motor Company will hold a meeting of the Board of Directors of the Company on 18 March 2022

On 19 March 2022

On 22 March 2022

Business Wire India MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to promising international students, has partnered with the North American Association of Indian Students (NAAIS), a 501(c)(3) nonprofit, to provide grants supporting dependent visa students in their efforts to pursue higher education and professional development.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220315005040/en/   (Graphic: […]

The Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry in India has been successful in attracting proposed investment of Rs 74,850 crore against the target estimate of investment Rs 42,500 crore over a period of five years. The proposed investment of Rs 45,016 crore is from approved applicants under Champion OEM Incentive Scheme and Rs 29,834 crore from approved applicants under Component […]

The Indian rupee settled 6 paise down at 76.60 against the dollar on Tuesday as investors turned cautious ahead of the FOMC meeting amid growing uncertainty over the Russia-Ukraine conflict. Besides, heavy selling in domestic equities and continued foreign capital outflows from the Indian market added pressure on the domestic unit. At the interbank foreign exchange market, the rupee opened strong at 76.40 against the […]

On 31 May 2022

Crude oil futures tanked today, testing around two week low amid renewed worries on Covid-19 spikes in China and currently trade down around 8% at $95per barrel. MCX Crude oil futures are also off around 7% at Rs 7281 per barrel after breaking under the key Rs 8000 per barrel mark in last session. While the Russia-Ukraine war continues, oil has been hurt by lack […]

Hong Kong share market finished session deeply in negative territory on Tuesday, 15 March 2022, as risk aversion selloff triggered across the board due to resurgence in COVID-19 cases which clouds the countrys economic outlook, while the deepening Ukraine crisis boosts geopolitical risks for Beijing. Adding to market jitters are rising case numbers of COVID-19 in China, which investors fear will hurt the mainlands economic […]