Posts in category Business Standard
Smallcap stock zooms 10% as SBI MF buys 3% stake; HDFC MF holds 7% equity (26-03-2024)
Among non-promoter public shareholders, HDFC Mutual fund (via HDFC Balanced Advantage Fund) held 7.4 per cent stake in Savita Oil, according to data on BSE
Hindustan Media Ventures Ltd leads gainers in ‘B’ group (26-03-2024)
Onelife Capital Advisors Ltd, Permanent Magnets Ltd, Vishal Bearings Ltd and Deep Industries Ltd are among the other gainers in the BSE's 'B' group today, 26 March 2024.
H.G. Infra rises on bagging solar project worth Rs 534 cr (26-03-2024)
H.G. Infra Engineering gained 2.26% to Rs 918.55 after its consortium Stockwell Solar Services received a solar project worth Rs 534 crore from Jodhpur Vidyut Vitran Nigam.
Sanghvi Movers Ltd leads gainers in ‘A’ group (26-03-2024)
Time Technoplast Ltd, Electrosteel Castings Ltd, Indo Count Industries Ltd and Apar Industries Ltd are among the other gainers in the BSE's 'A' group today, 26 March 2024.
Dr. Reddy’s Lab enters into marketing licensing agreement with Pharmazz for Centhaquine (26-03-2024)
Dr. Reddy's Laboratories said that it has entered into a license agreement with Pharmazz Inc. to commercialise the first-in-class innovative drug Centhaquine in India.
Mankind Pharma slips 4% on Beige’s likely 3% stake sale via block deal (26-03-2024)
According to media reports, Beige Ltd, an affiliate of private equity firm ChrysCapital, was looking to offload 2.90 per cent stake in the drugmaker through block deals
RVNL zooms 6% on MoU with Airport Authority of India worth Rs 294 cr (26-03-2024)
Shares of Railway Vikas Nigam, the construction arm of Indian Railways zoomed 6 per cent on BSE in Tuesday's intraday trade against a 0.36 per cent dip in BSE Sensex
EPFO adds 16.02 lakh net members in January (26-03-2024)
EPFO added a net 16.02 lakh subscribers in January 2024, according to payroll data. The data indicates that around 8.08 lakh new members have enrolled during January, 2024. A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 56.41% of the total new members added in January 2024 indicating the majority of individuals joining the organized workforce are youth, primarily first-time job seekers. The payroll data highlights that approximately 12.17 lakh members exited and subsequently rejoined EPFO. These members switched their jobs and re-joined the establishments covered under the ambit of EPFO and opted to transfer their accumulations instead of applying for final settlement thus, safeguarding long-term financial well-being and extending their social security protection.
Life insurance shares in focus; Max Financial, HDFC Life rally up to 6% (26-03-2024)
In a relief for life insurance company investors, regulator Irdai has retained most existing surrender charges in the revised product regulations
Pound Speculative Net Long Position Come Off 17 Year High (26-03-2024)
Large currency speculators in the Pound futures decreased their net long positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 53200 contracts in the data reported through March 19 2024. This was a weekly decline of 18251 net contracts after net position climbed to its highest level in 17 years in the previous week.