News Overview

For design and development of a Two Stage to Low Earth Orbit All Liquid Small Satellite Launch Vehicle

?Va Tech Wabag?announced that WABAG Water Services S.R.L., Romania (WABAG Romania), its European subsidiary, securing a repeat order from Purolite S.R.L, Romania (Purolite) worth about Rs 260 crore (EUR 30 Million) towards upgrading the Industrial Wastewater Treatment Plant (WWTP) in Romania. The contract will be an Engineering & Procurement scope contract which includes design & engineering, equipment supply, installation, commissioning and start-up of the Purolite […]

Other Asian markets have begun the day in red today

Indias foreign exchange reserves soared by USD 11.02 billion to reach USD 561.162 billion for the week ended December 2, Reserve Bank data showed on Friday. This is the fourth consecutive week of rise in the reserves. In the previous reporting week, the overall reserves had grown by USD 2.9 billion to USD 550.14 billion. For the week ended November 11, the forex kitty had […]

Brent crude futures were up 83 cents, or 1.1%, to $76.93 per barrel. U.S. West Texas Intermediate crude was up 90 cents or 1.3% at $71.92 per barrel.

Bharti Airtel: The Special Committee of Directors for Fund Raising has approved the allotment of 1,188,917 fully paid-up equity shares of face value Rs 5 each at a conversion price of Rs 521 per equity share to holders of FCCBs upon conversion. Uniparts India: Shares of engineered systems manufacturer Uniparts India will debut on the bourses today, 12 December 2022. The issue price is Rs […]

Abans Holdings IPO is available for subscription from December 12 to December 15. The IPO price is fixed at Rs 256-270 per share.

Strength in the dollar overseas coupled with weakness in equities is expected to add pressure on the Indian rupee in opening trades on Monday. The dollar index that measures the greenback against a basket of currencies is higher by 0.32% at 105.14. Overseas, Asian stocks are trading lower on Monday as investors looked ahead to a Fed meeting and U.S. inflation data this week. US […]

In a letter of warning to Glenmark Pharmaceuticals Chairman and Managing Director Glenn Saldanha, the USFDA identified a number of violations at the company's Bardez-based facility in Goa, where medicinal formulations are made.

Copper slumped by nearly 1.5% on Monday as dollar recovered well ahead of crucial inflation data and outcome of Federal Reserve meeting due this week. Besides, uncertainty over rising COVID-19 cases in China weighed on copper prices. Facing a surge in COVID-19 cases, China is setting up more intensive care facilities and trying to strengthen hospitals as Beijing rolls back anti-virus controls, as per media […]