All sectoral indices ended in red with Nifty Media declining the most by 3.3% followed by Nifty Realty (-2.8%) and Nifty PSU Bank (-1.6%).
The company approved the allotment of 99,51,200 Fully Paid-up Rights Equity Shares.
German Business Climate indicator jumped to 98.9 in February, the highest in 5 months, from an upwardly revised 96 in January, data from Ifo revealed. The Current Assessment Index rose to 98.6 from 96.2 and the Expectations Index advanced to 99.2 from 95.8. Price expectations in industry and retail sectors have risen and the number of companies who want to raise their prices also increased. […]
The Adani Group announced today it has signed a non-binding Memorandum of Understanding (MoU) with Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in India. Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India. Efforts under this MoU will be […]
The company allots 2,500, 6.32% NCDs of the face value Rs10 lakh each on a private placement basis.
Indiamart Intermesh has entered into an agreement to invest 16.53% of the share capital (on fully diluted basis) of Fleetx Technologies. The company will invest Rs 91.42 crore in the current funding round to acquire 3805 equity shares of face value of Rs 10 each at a price of Rs 57,315 aggregating to Rs 21.81 crore and subscription to 10,323 series B compulsorily convertible preference […]
After opening deeply in red, the benchmarks indices managed to pare most losses and end with modest cuts on Tuesday. The Nifty closed a tad below the 17,100 mark after hitting the days low of 16,843.80 in early trade. Selling was broad based with IT, metal, banks and FMCG shares declining the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, […]
The wholly owned subsidiary shall carry out business in the field of Agro-Chemical.
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