Posts in category Business Standard
L&T arm bags significant order to build solar and energy storage plant (24-06-2024)
Larsen & Toubro (L&T) announced that its power transmission & distribution (PT&D) business has secured a significant domestic order to build Solar PV Plant along with a Battery Energy Storage System (BESS).
United Cotfab makes flat stock market debut; lists at 7% premium (24-06-2024)
Post listing, the stock surged 12.5 per cent to hit an intraday peak of Rs 78.75 per share
Larsen & Toubro wins order for solar power plant and battery energy storage system (24-06-2024)
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro (L&T) has won a domestic order to build a grid-connected 185MW Solar PV Plant along with a Battery Energy Storage System (BESS) having multitudes of MWh capacity. According to the company's project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore.
Govt bond yields fall ahead of expected inflows post index inclusion (24-06-2024)
Foreign banks also stepped up purchases of bonds last week ahead of the inclusion, and is expected to continue this week as well
Asian shares drop after Wall Street closes another winning week (24-06-2024)
Asian shares were mostly lower Monday after US stocks coasted to the close of their latest winning week on Friday, even as Nvidia's stock cooled further from its startling, supernova run.
US futures and oil prices dropped.
In Tokyo, the Nikkei 225 index rose 0.7 per cent to 38,869.94, making it the sole major benchmark in Asia to post gains on Monday.
The yen weakened to 159.93 per dollar during morning trading.
Minutes of the Japanese central bank's last policy meeting released Monday put the yen under renewed pressure as it indicated that Any change in the policy interest rate should be considered only after economic indicators confirm that, for example, the CPI inflation rate has clearly started to rebound and medium-to long-term inflation expectations have risen.
Meanwhile, it was reported that Masato Kanda from the Minister of Finance said officials are ready to intervene to support the currency at any time.
Elsewhere, Hong Kong's Hang Seng dropped 1.2 per cent to 17,815.42,
Ujjivan SFB slumps after trimming FY25 loan growth guidance by 500 bps (24-06-2024)
Ujjivan Small Finance Bank tumbled 5.27% to Rs 45.81 after the bank revised its loan book growth guidance for FY2024-25 downwards to 20% from nearly 25% announced earlier.
Volumes jump at Bajaj Holdings & Investment Ltd counter (24-06-2024)
Bajaj Holdings & Investment Ltd saw volume of 9334 shares by 10:47 IST on BSE, a 10.69 fold spurt over two-week average daily volume of 873 shares
GP Eco Solutions: This SME IPO has zoomed over 300% on debut on the NSE (24-06-2024)
GP Eco Solutions made a stellar stock market debut, with its shares got listed at Rs 375, a whopping 299% against its issue price of Rs 94 per share on the NSE.
Bond investors positioned for India’s index inclusion: Morgan Stanley (24-06-2024)
India's index-eligible bonds have attracted $10 billion since the inclusion was announced in September
Hero MotoCorp hikes prices of motorcycles and scooters (24-06-2024)
Hero MotoCorp announced increase in prices for select motorcycles and scooters with effect from 1 July 2024.