HFCL today introduced a suite of new high performance cable solutions at ISE EXPO 2024 in Dallas, Texas, USA. First, HFCL introduced a product line of high-density single-jacket single-armor Intermittently Bonded Ribbon (IBR) cables with 144-1728 fibers, a development which was recognized with the presentation of an ISE Innovators Award. Second, HFCL expanded its award-winning Nano Thin product line of loose tube microcables to add a 10.6mm diameter 864 fiber cable.
Posts in category Business Standard
Board of GE Power India approves change in Managing Director (21-08-2024)
At meeting held on 21 August 2024
Kilburn Engineering to acquire Monga Strayfield for Rs 123 cr (21-08-2024)
Monga Strayfield is an engineering company and is a leading player in the business of manufacturing radio frequency dryers and heating solution.
Borosil Scientific allots 49,089 equity shares under ESOP (21-08-2024)
Powered by Capital Market – Live News
Warburg Pincus affiliate sells 2.36% stake in Kalyan Jewellers for $155 mn (21-08-2024)
The deal will see Highdell, the Warburg affiliate, sell over 24 million shares at 535 rupees each to Trikkur Sitarama Iyer Kalyanaraman, which currently holds 60.59% in the jeweller
Interarch Building Products subscribed 93.45 times (21-08-2024)
The offer received bids for 43.84 crore shares as against 46.91 lakh shares on offer.
Union AMC launches multi-asset allocation fund with diverse investment plan (21-08-2024)
The fund house, backed by Union Bank of India and Dai-ichi Life Holdings, said that the early signs of rural consumption and the festive season are positive
Orient Technologies subscribed 6.64 times (21-08-2024)
The offer received bids for 4.94 crore shares as against 74.49 lakh shares on offer.
Benchmarks advance for 5th day, NSE VIX drops to 13.33 (21-08-2024)
The headline equity benchmarks continued their winning streak for the fifth day in a row on Wednesday. The Nifty50 settled above the 24,750 mark after hitting the days low of 24,654.50 in early trade. Consumer goods and fast-moving consumer goods stocks performed well, while real estate and public sector banks faced selling pressure. Investors are closely watching for clues about potential US interest rate cuts from the upcoming release of Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell.
INR slips off two-week high (21-08-2024)
The Indian rupee nosedived 14 paise to 83.91 (provisional) against the US dollar on Wednesday amid unabated outflow of foreign capital and volatile domestic equity markets. The benchmark S&P/BSE Sensex moved in a narrow range before closing up 102.44 points, or 0.13 percent, at 80,905.30. The broader NSE Nifty index settled up 71.35 points, or 0.29 percent, at 24,770.20. A weak American currency and lower level of crude prices, however, cushioned the local unit at lower level. At the interbank foreign exchange, the rupee opened weak at 83.79 and touched the intra-day low of 83.94 against the greenback. The unit finally settled at 83.91 (provisional) against the dollar, registering a loss of 14 paise from its previous days’ closing level of 83.77, a near 2-week high. The US currency fell to its lowest level so far this year as investors turn cautious ahead of Federal Reserve minutes due later in the global day. The dollar index is trading below 102 mark on Wednesday morning in …