Telecom stocks were trading with gains, with the BSE Telecommunication index rising 69.93 points or 2.23% at 3211.11 at 09:42 IST.
Posts in category Business Standard
Metal shares rise (26-07-2024)
Metal stocks were trading with gains, with the BSE Metal index rising 556.53 points or 1.78% at 31819.75 at 09:42 IST.
Real Estate shares gain (26-07-2024)
Real Estate stocks were trading in the positive zone, with the BSE Realty index rising 127.46 points or 1.53% at 8451.43 at 09:42 IST.
Here’s why SJVN stock price rallied over 13% on July 26; find details here (26-07-2024)
The share price rose after the company announced that that Government of Mizoram has alloted 2,400 MW Darzo Lui pumped storage project (PSP) to SJVN.
Gold industry seeks One Nation, One Rate policy, beginning from East India (26-07-2024)
The gold jewellery industry is advocating a ‘One Nation, One Rate’ policy, starting with a unified rate for Eastern India from August, an official said.
All stakeholders have shown interest in the idea of a unified gold rate across the country, said Samar Kr De, President of the Swarna Silpa Bachao Committee.
“We will begin with a single rate for Bengal and eastern India from August and have onboarded bullion sellers for this initiative,” De said.
Saiyam Mehra, Chairman of the All India Gem and Jewellery Domestic Council (GJC), said, “The idea is to create a level playing field for all stakeholders and prevent undercutting.”
De said that they aim to extend the ‘One Gold Rate’ policy nationwide within the next six months and are in discussions with large national jewellery retail chains.
He also noted that the recent 9 per cent duty cut was unexpected by the industry.
Union Finance Minister Nirmala Sitharaman in her budget proposals slashed import duties on gold and silver from 15
Chalet Hotels to acquire land in Goa for its luxury hotel project (26-07-2024)
Once purchased, the Company aims to develop a 5-Star luxury hotel on the said land. The Company is in the process of executing definitive agreement(s) in accordance with the applicable laws and procedural requirements.
Sun Pharma gets US FDA nod for alopecia areata treatment drug LEQSELVI (26-07-2024)
Sun Pharmaceutical Industries said that it has received approval from the U.S. Food and Drug Administration (US FDA) for LEQSELVI (deuruxolitinib), an oral JAK Inhibitor for the treatment of severe alopecia areata.
Indices drift higher in early trade; Breadth strong (26-07-2024)
At 09:28 IST, the barometer index, the S&P BSE Sensex, was up 220.76 points or 0.28% to 80,249.51. The Nifty 50 index advanced 78.30 points or 0.32% to 24,484.40.
Sona BLW: Why Nomura thinks auto component firm may surpass industry growth (26-07-2024)
The electric vehicle (EV) revenue accounted for 33% of total revenue. The company’s order book expanded to Rs 23,300 crore in Q1FY25, from Rs 22,600 crore in Q4FY24.
Federal Bank Ltd Slides 5.11% (26-07-2024)
Federal Bank Ltd has added 9.66% over last one month compared to 3.72% fall in BSE BANKEX index and 1.9% rise in the SENSEX