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Tata Power Renewable Energy signs MoU with NHPC Renewable Energy (18-07-2024)
For execution of rooftop solar projects across govt. buildings
Krebs Biochemicals & Industries Ltd leads gainers in ‘B’ group (18-07-2024)
Remedium Lifecare Ltd, Mahanagar Telephone Nigam Ltd, Coastal Corporation Ltd and Quick Heal Technologies Ltd are among the other gainers in the BSE’s ‘B’ group today, 18 July 2024.
India’s GDP seen growing at 7% in FY25 says FICCI, recovery expected in agri sector (18-07-2024)
The latest round of Federation of Indian Chambers of Commerce & Industry or FICCI’s Economic Outlook Survey reveals that an annual median GDP growth forecast for the year 2024-25 at 7.0 per cent for the Indian economy. The median growth forecast for agriculture and allied activities has been put at 3.7 per cent for 2024-25, marking an improvement vis-a-vis growth of about 1.4 per cent reported in the year 2023-24. Industry and services sector are anticipated to grow by 6.7 per cent and 7.4 per cent respectively in the current fiscal year.
According to the survey results, median GDP growth is estimated at 6.8 per cent and 7.2 per cent in Q1 2024-25 and Q2 2024-25 respectively. The median forecast for CPI based inflation has been put at 4.5 per cent for 2023-24, with a minimum and maximum range of 4.4 per cent and 5.0 per cent respectively. While food prices remain sticky with inflation inching up in cereals, fruits and milk, the survey participants expect easing of prices in second
RBI notifies underwriting auction for sale of Government Securities for Rs 31,000 crore (18-07-2024)
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BASF India parent firm to sell flocculants biz to Solenis, stock down 3% (18-07-2024)
The decline in stock price occurred following the announcement that BASF SE, the parent company, would sell its flocculants business for mining applications to Solenis
Just Dial Ltd leads gainers in ‘A’ group (18-07-2024)
Esab India Ltd, Tata Teleservices (Maharashtra) Ltd, Kirloskar Brothers Ltd and India Cements Ltd are among the other gainers in the BSE’s ‘A’ group today, 18 July 2024.
Tata Power arm inks MoU with NPHC-REL to install rooftop solar across govt building (18-07-2024)
Tata Power Renewable Energy (TPREL) has signed memorandum of understanding (MoU) with NHPC Renewable Energy (NHPC-REL) for installation of rooftop solar projects (RTS Projects) across government buildings.
KEC Intl gains as T&D arm secures orders worth Rs 1,100 crore (18-07-2024)
KEC International rallied 2.43% to Rs 908.90 after the civil construction company bagged new orders worth Rs 1,100 crore in transmission & distribution (T&D) projects in India, Middle East, Australia and Americas.
Network18 Media drops after Q1 net loss widens YoY to Rs 102 cr in FY25 (18-07-2024)
Network18 Media & Investments slipped 3.23% to Rs 81 after the company’s consolidated net loss widened to Rs 102.41 crore in Q1 FY25 as compared to net loss of Rs 38.73 crore recorded in Q1 FY24.