News Overview

CESC has approved the issue of 3,000 Secured, Unlisted, Redeemable, Rated Non Convertible Debentures having a face value of Rs. 10 lakh each for cash at par aggregating to Rs. 300 crore, on a private placement basis. The deemed date of allotment is 16 November 2022. Powered by Capital Market – Live News

In the past, telecom infrastructure providers were permitted to share their assets with third parties on mutually agreeable terms, such as their dark fibers, duct space, and mobile towers

Industrial production in China was up 5.0 percent on year in October, the National Bureau of Statistics reported. The bureau also said that retail sales fell 0.5 percent on year, missing forecasts for an increase of 1.0 percent after rising 2.5 percent in the previous month. Fixed asset investment was up an annual 5.8 percent, missing expectations for an increase of 5.9 percent, which would […]

L&T Infotech (LTI) and Mindtree (MTCL) have received NCLT approval for the scheme of amalgamation. LTIMindtree will start operating as a merged entity from 14th November, 2022, while record date for the merger is 24th November.

Fusion Microfinance is listed on BSE and NSE at a discounted rate of Rs 359 per share against the issue price of Rs 368 per share.

On a consolidated basis, Shriram Properties net profit stood at Rs 19.5 crore in Q2 FY23 as against net loss of Rs 23.2 crore in Q2 FY22.

FCS Software Solutions hit an upper circuit limit of 10% at Rs 2.99 after the company reported consolidated net profit of Rs 0.53 crore in Q2 FY23 as against net loss of Rs 0.02 crore in Q2 FY22.

NMDC slipped 3.09% to Rs 109.85 after the PSU company reported 62.05% drop in standalone net profit to Rs 888.68 crore in Q2 FY23 as against Rs 2,341.87 crore in Q2 FY22.

Record date is 24 November 2022

Utilties stocks were trading in green, with the S&P BSE Utilities index rising 13.01 points or 0.33% at 3974.13 at 09:46 IST.