News Overview

Business Wire India Economic experts found strong connections between alcohol tax, consumer affordability, and illicit market size. Research suggests that improved tax systems, industry coordination, and holistic enforcement help combat illicit alcohol and its major threat to public health and finances. The International Tax and Investment Center (ITIC) released new research on illicit alcohol revealing that high tax rates on alcoholic beverages can divert consumers […]

G R Infraprojects fell 1.08% to Rs 1,198 after the tender for construction project of the elevated viaduct in Delhi, in which the company emerged as the lowest bidder has been cancelled by the NCRTC.

Inox Wind and its subsidiary Inox Green Energy Services (IGESL), as part of the strategic initiative to deleverage their respective Balance Sheets, have recently paid Rs. 250 crore and Rs. 161 crore (aggregating to Rs. 411 crore) towards reducing their debt. Consequently, the Corporate Guarantees given by Gujarat Fluorochemicals, have also got reduced to that extent. Both the companies are in the process of further […]

The domestic equity benchmarks traded near the flat line with small gains in morning trade. The Nifty traded below the 18,650 mark after hitting the days high 18,679.55 in early trade. Metal, realty and auto stocks saw buying demand while IT, consumer durables and PSU bank shares corrected. At 10:30 IST, the barometer index, the S&P BSE Sensex, was up 33.9 points or 0.05% to […]

Trading volume high today because of stake sale by Alibaba

Japan industrial production was down a seasonally adjusted 2.6 percent on month in October, the Ministry of Economy, Trade and Industry said on Wednesday, following the 1.7 percent drop in September. On a yearly basis, industrial production rose 3.7 percent, slowing from 9.6 percent in the previous month. Upon the release of the data, the METI announced its assessment of industrial production, saying that it […]

Ashoka Buildcon rose 2.47% to Rs 78.70 after the company emerged as the lowest bidder (L-1) for a Project floated by NHAI, the bid value of which is Rs 1,668.50 crore.

According to block deal data made available by the BSE, BNP Paribas Arbitrage sold 18,00,164 shares of the business.

BLS International Services surged 7.20% to Rs 373.55 after the company fixed Saturday, 10 December 2022, as the record date for the proposed 1:1 bonus share issue.

The Bandhan consortium was chosen following a very competitive divestment process that included significant involvement from financial investors and strategic entities, according to information provided by IDFC.