News Overview

ICICI Lombard General Insurance Company has allotted 3500 equity shares under ESOS on 18 January 2022. Powered by Capital Market – Live News

The company’s board approved the issuance of Listed, Secured, Rated, Redeemable, NCDs of the face value of Rs10 lakh each.

With effect from 17 January 2022

The benchmark indices extended minor losses during early afternoon trade, dragged by healthcare, auto and IT stocks. The Nifty traded above 18,250 mark. At 12:30 IST, the barometer index, the S&P BSE Sensex, skid 100.36 points or 0.16% at 61,208.55. The Nifty 50 index slipped 41.85 points or 0.23% at 18,266.25. In the broader market, the S&P BSE Mid-Cap index lost 0.46% while the S&P […]

$400 Billion target of Merchandise exports is within sight and the Services sector should strive for $250 Billion exports.

Shakti Pumps (India) slumped 5.13% to Rs 647.10 after the companys consolidated net profit declined by 44.3% to Rs 14.78 crore on a 15.2% fall in revenue from operations to Rs 268.62 crore in Q3 FY22 over Q3 FY21.

EKI Energy Services hit an upper circuit limit of 5% at Rs 10,760.25 after the companys net profit rose 98.41% to Rs 161.21 crore on 55.10% increase in net sales to Rs 687.82 crore in Q3 December 2021 over Q2 September 2021.

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

Record date for distribution is 20 January 2022

The acquisition will enable Tech Mahindra to tap onto the potential industry disruption in the Insurance sector, expand its offerings to high-end digital engineering services for some of the largest insurance, re-insurance and financial services organizations globally and scale its nearshore delivery presence.