News Overview

HDFC Life Insurance Company declined 3.89% to Rs 548, extending its losing run to fifth consecutive trading session.

Here is the stock market performance at 12:30 PM today.

Risks around the sustainability of India’s downward debt trajectory were a key factor for maintaining the Negative Outlook when we affirmed the ‘BBB-’ sovereign rating in November 2021, it added.

The domestic equity benchmarks continued to trade with deep cuts in early afternoon trade, as escalating tensions between Russia and Ukraine dampened investor sentiment. The Nifty was trading below the 16,550 mark. Banks stocks witnessed steep selling. At 12:24 IST, the barometer index, the S&P BSE Sensex, was down 1696.65 points or 2.96% to 55,535.41. The Nifty 50 index fell 519.55 points or 3.04% to […]

L&T Finance Holdings tumbled 7.60% to Rs 64.45 after CitiGroup Global Markets Mauritius and CBNA London sold 6.39 crore equity shares or 4.88% stake of the company on 21 February 2022.

Bharti Airtel has acquired a strategic stake in Aqilliz – a Blockchain as a Service Company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with customers in a rapidly […]

Oil Country Tubular Ltd, Federal-Mogul Goetze (India) Ltd, Revathi Equipment Ltd and Ind Bank Housing Ltd are among the other gainers in the BSEs B group today, 24 February 2022.

Business Wire India Kioxia Corporation has been named a Clarivate Top 100 Global InnovatorsTM 2022, an award given to companies at the pinnacle of the global innovation landscape by Clarivate Plc.   Kioxia was highly evaluated for various reasons including: recognition of its invention of NAND flash memory in 1987, over three decades of industry-leading research and development and the company’s efforts to protect and […]

The Company has tied up necessary Term Loans from Banks.

The forging product supplier announced that it has entered into a definitive agreement to acquire JS Autocast Foundry India.