Posts in category Business Standard
Centre facilitates mutually agreed price of Potash Derived from Molasses at Rs 4263 per tonne for sale by sugar mills to fertilizer companies (23-02-2024)
The Central Government has facilitated mutually agreed price of Potassium Derived from Molasses (PDM) at Rs 4263/MT for sale by sugar mills to fertilizer companies for the current year. In addition, PDM Manufacturers can also claim subsidy at Rs. 345/Ton at present rates under Nutrients Based Subsidy Scheme (NBS) of Department of Fertilizers. Now, both, sugar mills and fertilizer companies are discussing modalities to enter into long-term sale/purchase agreement on PDM.
Concord Biotech gains after receiving GMP certificate with zero observations (23-02-2024)
Concord Biotech jumped 2.97% to Rs 1,483 after the company received good manufacturing practices (GMP) certificate from Ministry of Health Pharmacy and Poisons Board (PPB), Republic of Kenya for its formulation facility located in Gujarat.
UK Pound Poised For Weekly Gain; GfK Consumer Confidence Slides (23-02-2024)
UK pound is consolidating recent streak of gains on Friday and poised for a weekly rise of around half a percent. GBPUSD is currently quoting at $1.2665, firming its grip over the $1.26 mark after having dropped below the level last week. Weakness in dollar index after Fed FOMC remains wary of cutting interest rates too quickly is seen supporting the British currency. Meanwhile, GfK Consumer Confidence indicator in the United Kingdom unexpectedly fell to -21 in February from -19 in January, defying forecasts for a slight improvement to -18 and sliding for the first time in four months. On the NSE, GBPINR is staying choppy just below 105 mark attained in the previous session. The pair is currently trading at 104.99.
Sensex rises 104 pts; realty shares in demand (23-02-2024)
The benchmark indices traded with minor gains in mid-morning trade. The Nifty traded around the 22,250 mark. Realty shares rallied for the fourth day in a row.
Power Finance Corporation board to mull fund raising on 29 Feb (23-02-2024)
Power Finance Corporation (PFC) said that its board will meet on 29 February, 2024 to consider fund raising proposal through market borrowing program for the financial year 2024-25.
Bandhan Bank appoints Rajeev Mantri as CFO (23-02-2024)
The board of directors of Bandhan Bank has approved the appointment of Rajeev Mantri as the chief financial officer (CFO) and key managerial personnel (KMP) of the bank with effect from 22 February 2024.
Volumes spurt at Aditya Birla Capital Ltd counter (23-02-2024)
Aditya Birla Capital Ltd registered volume of 103.02 lakh shares by 10:47 IST on BSE, a 68.87 fold spurt over two-week average daily volume of 1.50 lakh shares
Vodafone Idea soars 9% on fund raising plan; Indus Towers up 5% (23-02-2024)
The company's board is scheduled to meet on February 27 to consider fundraising via equity or debt instruments.
IRCTC jumps after inking pact with Bundl Technologies (Swiggy Foods) (23-02-2024)
IRCTC (Indian Railway Catering and Tourism Corporation) added 2.27% to Rs 957.20 after the company tied up with Bundl Technologies (Swiggy Foods) for supply & delivery of pre-ordered meals through the company's e-catering portal.
Benchmarks trade near flat line; media shares advance (23-02-2024)
At 10:27 IST, the barometer index, the S&P BSE Sensex, was up 38.63 points or 0.05 % to 73,196.87. The Nifty 50 index rose 7.60 points or 0.03% to 22,225.05.