The frontline indices ended near the flat line with some negative bias on Monday. The Nifty settled below the 24,350 level. FMCG, oil & gas and IT stocks advanced while PSU bank, consumer durables and metal shares declined.
Posts in category Business Standard
Tata Motors Group global wholesales rise 2% in Q1 FY25 (08-07-2024)
The Tata Motors Group global wholesales in Q1 FY25, including Jaguar Land Rover** were at 3,29,847 nos., higher by 2%, as compared to Q1 FY24.
Cupid opens new mother warehouse in Bhiwandi (08-07-2024)
The new mother warehouse underscores Cupid’s commitment to meeting the soaring demand for its products. Currently available in 50,000 outlets, the company aims to double this number within six
months. This expansion will not only increase product accessibility for consumers but also solidify Cupid’s market position.
Accel and Flipkart-backed Zinka Logistics Solutions files DRHP for IPO (08-07-2024)
The IPO, with a face value of Rs 1 each, is a mix of fresh issuance of Rs 550 crore and an offer for sale of up to 21.61 million equity shares by promoters and investor selling shareholders
Nava’s Zambian step-down subsidiary receives two large scale exploration licenses (08-07-2024)
The Exploratory Licenses are valid for a period of four years during which period MCL plans to carry out detailed exploration of the license areas aggregating to about 8200 Ha to ascertain the mineable resources
and to prepare an appropriate business plan for implementation.
PC Jeweller soars after PNB approves settlement (08-07-2024)
PC Jeweller soared 10% to Rs 56.19 after Punjab National Bank (PNB), one of the company’s largest lenders, approved its one-time settlement proposal.
Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II (08-07-2024)
Godrej Industries rose 1.31% to Rs 904.25 after the company’s chemicals business has signed a business transfer agreement (BTA) with Shree Vallabh Chemicals Unit II located at Kheda, Gujarat to acquire its Ethoxylation Unit II.
CG Power and Industrial Solutions appoints Amar Kaul as MD & CEO (08-07-2024)
Amar Kaul joins the Company on 9 July 2024 initially as Managing Director & CEO Designate and take over as the Managing Director & CEO effective 25 July 2024.
ONGC nears record high, up 5% on strong growth prospects; OIL at new peak (08-07-2024)
ONGC stock hit an over nine-year high at Rs 303, and was trading close to its record high of Rs 314.67 touched on June 9, 2014.
GE Power sizzles after NTPC order win (08-07-2024)
GE Power India soared 7.19% to Rs 514.85 after the company secured a purchase order from NTPC, India’s major power producer.