News Overview

SJVN on Friday announced that the Ministry of New and Renewable Energy, Government of India has granted in-principle approval for development of 400MW solar park at Kinnaur district in Himachal Pradesh.

BBL’s acquisition of Viatris’ rights in biosimilars assets, creates a unique global, vertically integrated Biosimilars leader. BBL will realize full revenues and profits from this business, the company said.

The Indian rupee is expected to stay cautious with a downward bias in opening trades on Monday, 28 February 2022 as dollar soared against nearly all peers after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine, and Vladimir Putin put nuclear-armed forces on high alert. Domestic stock market ended with robust gains on Friday amid positive global cues. The S&P […]

SWAMIH Investment Fund has been formed to complete construction of stalled, brownfield, RERA registered residential developments under the affordable housing/mid-income category

Bharti Airtel: The telecom major on Friday said it has entered into an agreement with Vodafone Group Plc. to buy 4.7% equity in Indus Towers. The financial details of the deal have not been disclosed. Hindalco Industries: The company has entered into a Share Purchase Agreement (SPA) with Terrabel Empreedimentos Ltda , a Brazilian firm to divest entire equity shareholding in Hindalco Do Brazil Industria […]

US consumer sentiment index for February was upwardly revised to 62.8 from the preliminary reading of 61.7, the University of Michigan revealed in a report released on Friday. Despite the upward revision, the consumer sentiment index was still notably lower than the final January reading of 67.2 and at its lowest level since October of 2011. The report showed the current economic conditions index fell […]

The NBFC on Friday announced that a meeting of the board of directors will be held on 5 March to consider the recommendation of second interim dividend for financial year 2021-22.

US pending home sales plunged by 5.7 percent to 109.5 in January after tumbling by 2.3 percent to a revised 116.1 in December, the National Association of Realtors reported on Friday. A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale. Powered by Commodity Insights

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 13 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Monday as investors monitor the Russia-Ukraine crisis and related sanctions. Taiwan markets are closed for a holiday on Monday. Russia continued its advance into Ukraine over the weekend, with reports of […]

Sales rise 46.15% to Rs 0.19 crore