Larsen & Toubro (L&T) rose 1.18% to 3,673.35 after the company’s precision engineering systems business vertical of L&T secured ‘significant’ order for construction of two fleet support ships from Hindustan Shipyard.
Posts in category Business Standard
Capital gains tax on sale of shares: Calculation, treatment, budget expectation (09-07-2024)
Long term capital gains (LTCG) tax on the sale of these asset classes stocks, mutual funds, real estate etc. is levied when the holding period of the asset is over one year
Maruti Suzuki zooms 6%, sees sharpest intra-day gain in 2 yrs; details here (09-07-2024)
The UP govt move to waive registration fee on hybrid cars led to substantial decline in on-road price of strong hybrids in the state to the tune of around 10% and is expected to accerlerte sales.
Govt bond yields marginally lower; US Fed chief Powell’s speech eyed (09-07-2024)
Powell’s testimony before the Senate on Tuesday and the House on Wednesday could give investors more clues on the likely direction of rates
Bombay Burmah Trading Corporation Ltd leads gainers in ‘A’ group (09-07-2024)
Mangalore Refinery And Petrochemicals Ltd, L T Foods Ltd, Jubilant Ingrevia Ltd and Chennai Petroleum Corporation Ltd are among the other gainers in the BSE’s ‘A’ group today, 09 July 2024.
TRAI issues amendments to regulatory framework for broadcasting and cable services and releases (09-07-2024)
Telecom Regulatory Authority of India (TRAI) yesterday issued Telecommunication (Broadcasting and Cable) Services (Eighth) (Addressable Systems) Tariff (Fourth Amendment) Order, 2024 (1 of 2024); Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) (Sixth Amendment) Regulations, 2024 (4 of 2024); the Telecommunication (Broadcasting and Cable) Services Standards of Quality of Service and Consumer Protection (Addressable Systems) (Fourth Amendment) Regulations, 2024 (3 of 2024) and also recommendations to Ministry of Information and Broadcasting (MIB) on ‘Listing of channels in Electronic Programme Guide and Upgrading DD Free Dish platform to an Addressable System’.
HG Infra stock price up 7% on inking MoU with Ultra Vibrant Solar Energy (09-07-2024)
The uptick in the stock price came after the company announced that it has signed a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy
INR trades flat under 83.50 per US dollar (09-07-2024)
The Indian rupee saw very tight moves amid broad weakness in the US dollar overseas. The broad focus has shifted to the upcoming Union Budget now and elevated crude oil prices are capping major gains in the local currency. US dollar index fell to a three week low under 104.50 following a tepid reading on US nonfarm payrolls. INR currently trades flat around 83.48 per US dollar. Local equities are marginally higher today but gains have been limited after recent surge. NIFTY hovers around 24400 mark.
Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY (09-07-2024)
Shares of Pitti Engineering surged up to 4.3 per cent at Rs 1205.75 per share on the BSE in Tuesday’s intraday trade
RateGain signs multi-year contract with Malaysia Airlines; stock up 6% (09-07-2024)
The upward movement in the stock came after RateGain announced that it has been selected for a multi-year partnership by Malaysia Airlines Berhad (Malaysia Airlines)