News Overview

Balaji Amines rallied 4.37% to Rs 3394.75 after the company said that board of its material subsidiary, Balaji Speciality Chemicals (BSCL), approved raising funds through an initial public offering (IPO).

The US dollar index is seen consolidating near 102 levels, tracking higher US treasury yields. US 10-year treasury yields have been rising as the U.S. Federal Reserve has raised interest rates quickly in an attempt to bring soaring inflation under control. The US 10-year yield lifted 2.94% after a report released by the Institute for Supply Management on Wednesday showed U.S. manufacturing activity unexpectedly expanded […]

Business Wire India Percona, a leader in open source database software and services, today announced that Man Group, a global, technology-empowered active investment management firm with $151.4 billion in assets under management[1], has selected Percona for 24/7/365 support for its critical applications that depend on MongoDB. Percona will provide Premium Support to Man Group’s Alpha Technology division, guaranteeing uptime for its core research and trading […]

The project is estimated to be completed within a period of 12 months with the financial impact reflecting in East Pipes’ financial statements in 2022/2023.

Business Wire India ~Turvo will continue to operate independently under its own brand, leadership and board of directors following acquisition~ ~Acquisition is part of Lineage’s ongoing strategy to invest in technologies capable of transforming the global food supply chain~ ~Turvo’s software platform unifies the supply chain by enabling real-time collaboration, visibility and execution across various transportation modes and geographies~   Lineage Logistics, LLC (“Lineage” or […]

Business Wire India Houlihan Lokey (NYSE:HLI), the global investment bank, announced today that Rishi Aswani has joined the firm’s Financial and Valuation Advisory (FVA) business in Mumbai as a Managing Director in the Portfolio Valuation and Fund Advisory Services practice. Mr. Aswani will lead client services for Houlihan Lokey’s FVA clients in the region, while also establishing FVA’s Mumbai-based capabilities to support the firm’s global […]

The benchmark indices bounced back and traded with decent gains in the mid morning trade. The Nifty was hovering above 16,500 level. Oil & gas and IT shares supported the indices while FMCG, healthcare and financial services stocks were under pressure. Negative global cues dented investors sentiment. At 11:30 IST, the barometer index, S&P BSE Sensex was up 144.76 points or 0.26% to 55,459.82. The […]

Greaves Cotton jumped 7.20% to Rs 173.40 after the company announced strategic investment by Abdul Latif Jameel in its electric vehicle (EV) arm Greaves Electric Mobility.

Business Wire India Tech Data India, a TD SYNNEX company, today announced the launch of its B2B eCommerce platform PEER CONNEXIONS. This new Platform aims to realize “Transforming the Traditional to Digital,” reflecting the industry’s pivot towards eCommerce.   Through this initiative, channel partners will have access to:   Detailed technical, commercial information and product catalogues Pricing and inventory status Wide range of promotions and […]

REL’s focus is on providing growth, stability, and good governance to all its businesses.