News Overview

HFCL on Sunday said that it has received a contract worth Rs 1,770 crore, from State Water & Sanitation Mission (SWSM), Lucknow for providing EPC services for execution of rural water supply network in Varanasi revenue division in Uttar Pradesh.

The acquisition is proposed with the intention to strengthen the Company’s technology roadmap, the company said.

A positive business outlook drove shares of Rail Vikas Nigam to a fresh high of Rs 79.70 on Monday

The key equity indices extended gains and hit fresh intraday high in morning trade. The Nifty traded above the 18,550 level. Metal stocks witnessed some bit of profit booking after advancing in the past two sessions. At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 231.48 points or 0.37% to 62,525.12. The Nifty 50 index added 50.25 points or 0.27% to 18,563. […]

Paytm stated that this has no meaningful impact on its operations or income because the RBI's communications only apply to the onboarding of new online retailers

Only two Indian companies raised loans of $210 million in the September quarter, a 93% drop from the $3.1 billion raised by five firms in the year-ago period.

The drug maker said it has received tentative approval from the US drug regulator to market Levothyroxine Sodium injection, 100 mcg/vial, 200 mcg/vial, and 500 mcg/vial.

Imports of Bulk Chemicals play an important role in determining domestic manufacturers’ profitability. Increasing imports are seen as dumping, which erodes profitability as was seen in PVC this fiscal, and at times requires government’s intervention to safeguard domestic manufacturers by clamping trade and non-trade barriers.

Indore is the country's emerging IT centre, and it is home to several top engineering colleges.

Hero MotoCorp gained 2.10% to Rs 2,764 after the two-wheelers maker intimated the bourses that it will increase the ex-showroom prices of its motorcycles and scooters, effective from 1 December 2022.