Posts in category Business Standard
Indian Automobile Retail Registers Robust 13% On Year Growth In February, Reports FADA (07-03-2024)
2W, 3W, PV, Tractors and CV sectors registered growth rates of 13%, 24%, 12%, 11% and 5% respectively.
Tata Motors edges higher after Moody’s affirms ratings with ‘stable’ outlook (07-03-2024)
Tata Motors gained 1.32% to Rs 1031 after Moody's Investors Service affirmed the company's 'Ba3' corporate family rating while maintaining a 'positive' outlook on all ratings.
L&T bags significant order for hydrocarbon business (07-03-2024)
The EPC major announced that its hydrocarbon business, L&T Energy Hydrocarbon (LTEH) has secured a significant order from the Oil & Natural Gas Corporation (ONGC) for the MHN TCPP PGC BGC Project (MTPBP), off India's West Coast.
Volumes spurt at IIFL Finance Ltd counter (07-03-2024)
IIFL Finance Ltd registered volume of 10.79 lakh shares by 10:47 IST on BSE, a 16.84 fold spurt over two-week average daily volume of 64054 shares
Bajaj Finserv gains as subsidiary Bajaj Allianz reports good numbers in Feb (07-03-2024)
Bajaj Finserv rose 1.41% to Rs 1,573.40 after its subsidiary, Bajaj Allianz General Insurance Company's gross direct premium underwritten for February 2023 was at Rs 1,294.80 crore, recording a growth of 38.52% year on year.
SBTi validates Tata Power’s near-term sustainability targets (07-03-2024)
Tata Power's ambitious goals include a commitment to considerably "reduce scope 1 GHG emissions by FY2037 from a FY2022 baseline" and "achieve a reduction in scope 1 and 3 GHG
emissions from the generation of all sold electricity within the same timeframe."
Larsen & Tourbon wins order for its hydrocarbon biz (07-03-2024)
The Hydrocarbon vertical (L&T Energy Hydrocarbon - LTEH) of Larsen & Toubro (L&T) has secured an order from the Oil & Natural Gas Corporation (ONGC) for the MHN TCPP PGC BGC Project (MTPBP), off India's West Coast. According to the company's project classification, the order is valued between Rs 1,000 crore to Rs 2,500 crore.
Suzlon Group wins an order for 72.5 MW wind power project (07-03-2024)
This order is for the company's larger rated 3.15 MW, S144]140m turbines from the 3 MW product series. As part of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, erection and commissioning. Suzlon will also undertake comprehensive operations and maintenance services
post]commissioning.
Suzlon Energy jumps on bagging 72.45 MW order from Juniper Green Energy (07-03-2024)
Suzlon Energy rallied 4.65% to Rs 40.32 after the company announced that it has received a new order from Juniper Green Energy for the development of a 72.45 MW wind power project.
DXY Dips To Over One- Month Low On Powell Comments; ADP Jobs Report Weaker Than Expected (07-03-2024)
The US dollar index is staying pressured on Thursday, extending previous day loses at around a month low following Federal Chair Powells statement at the congressional testimony that policy rate is likely at its peak for this tightening cycle and if the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year. Reducing policy restraint too soon or too much could result in a reversal of progress we have seen in inflation and ultimately require even tighter policy to get inflation back to 2 percent, he added. However, Powell reiterated that the Committee does not expect that it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent. Meanwhile, a report released by payroll processor ADP showed private sector employment in the U.S. rose by slightly less than expected 140,000 jobs in February after climbing by an upwardly revised ...