Posts in category Business Standard
Mcap of 7 most valued firms climbs Rs 67,259.99 cr; Reliance top gainer (31-03-2024)
The combined market valuation of seven of the 10 most valued firms climbed Rs 67,259.99 crore in a holiday-shortened last week, with Reliance Industries emerging as the biggest gainer, amid an overall optimistic trend in equities.
Last week, the BSE benchmark climbed 819.41 points or 1.12 per cent.
Markets saw just three trading sessions last week, as they were closed on Monday for Holi and Good Friday on March 29.
The valuation of Reliance Industries jumped Rs 45,262.59 crore to reach Rs 20,14,010.63 crore.
State Bank of India added Rs 5,533.26 crore, taking its market valuation to Rs 6,71,666.29 crore.
The valuation of Life Insurance Corporation of India (LIC) climbed Rs 5,218.12 crore to Rs 5,78,484.29 crore, and that of ICICI Bank advanced Rs 4,132.67 crore to Rs 7,69,542.65 crore.
The market capitalisation (mcap) of HDFC Bank went up by Rs 4,029.69 crore to Rs 11,00,184.60 crore, and that of Hindustan Unilever climbed Rs 2,819.51 crore to Rs 5,32,946.04 crore.
ITC added Rs
Lot of ‘onion peeling’ for attaining global first: SEBI chief Puri on T+0 (30-03-2024)
Attaining the global first involved a lot of problem-solving and personal discomforts, SEBI chairperson Madhabi Puri Buch said on Saturday giving the analogy of "onion peeling" for the achievement.
Speaking at the annual convocation of the Indian Institute of Management Ahmedabad (IIMA), Buch said the current generation of Indians is on its way to seeing the "high noon" of the new India.
"My colleagues often tell me that problem-solving with me is like peeling an onion. It makes everybody cry in the process. But by the time you are done, peeling layer after layer after layer of the onion, you suddenly realise there is no problem left," Buch said while addressing students of IIMA as the chief guest of the 59th annual convocation.
Stock exchanges BSE and NSE on Thursday launched the beta version of T+0, or same-day trade settlement on an optional basis for select stocks, which will offer investors an option to transact in 25 securities in T+0 settlement.
"When India became the first
Microsoft-backed data security startup Rubrik to file IPO papers next week (30-03-2024)
The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier
Veranda Learning’s arm buys 50% stake in Tapasya Educational Institutions (30-03-2024)
Veranda Learning Solutions announced that it has acquired 50% of equity shares in Tapasya Educational Institutions (TEIPL) through its subsidiary, Veranda XL Learning Solutions.
Man Inds appoints Sanjay Agrawal as CFO (30-03-2024)
The Mumbai-based company said that its board has appointed Sanjay Kumar Agrawal as the chief financial officer (CFO) and key managerial personnel of the company with effect from 1 April 2024.
Udaipur Cement commissions new grinding unit in Rajasthan (30-03-2024)
The cement maker on Thursday announced that it has commissioned an additional 2.50 million tonnes per annum (MTPA) cement grinding capacity at Udaipur, Rajasthan.
Board of Triveni Turbine appoints CEO and COO (30-03-2024)
At meeting held on 30 March 2024
Syngene Intl gets Rs 16-cr demand order from IT Dept (30-03-2024)
Syngene International announced that it has received assessment order of Rs 16 crore from the Income Tax Department for assessment year 2022-23.
Karnataka Bank concludes Rs 600 cr QIP of equity shares (30-03-2024)
The shares were priced at Rs 227 per equity share.
Lemon Tree launches 4th property in Himachal Pradesh (30-03-2024)
Lemon Tree Hotels announced the opening of its fourth property in Kasauli, Himachal Pradesh under the brand 'Lemon Tree Hotel'.