Posts in category Business Standard
HG Infra Engineering shares rally 8% on incorporating six new solar units (24-06-2024)
Shares of HG Infra Engineering soared up to 7.7 per cent at Rs 1,877 per share in Monday's early morning deals. This came after the company incorporated six new solar power units
Lendingkart Finance standalone net profit declines 97.47% in the March 2024 quarter (24-06-2024)
Sales rise 20.67% to Rs 262.34 crore
GST Council Notifies Several Measures, Recommends Uniform Rate Of 12% On All Milk Cans (24-06-2024)
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Indices trim losses; consumer durables advance (24-06-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 118.65 points or 0.15% to 77,328.55. The Nifty 50 index rose 23.70 points or 0.11% to 23,527.55.
Food inflation is the main factor behind the grudgingly slow pace of disinflation: RBI Minutes (24-06-2024)
Headline CPI inflation is moderating but at a very slow pace, RBI governor noted in the minutes of RBI policy released on Friday. The last mile of disinflation is turning out to be gradual and protracted. Food inflation is the main factor behind the grudgingly slow pace of disinflation, Governor Shaktikanta Das stated. Going forward, the baseline projections show inflation moderating to an average 4.5 per cent in 2024-25. In the immediate months, however, the impact of exceptionally warm summer months on output of certain perishables; a likely rabi production shortfall in some pulses and vegetables particularly potatoes and onions; and the upward revisions in milk prices, warrant close monitoring, he added.
NBCC secures order worth Rs 100 crore (24-06-2024)
NBCC (India) announced that it has bagged an order from REC in the normal course of business worth Rs 100 crore.
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