On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi’s holding in Indus Towers stood at 3.1 per cent
Posts in category Business Standard
C.E. Info Systems Ltd leads gainers in ‘A’ group (20-06-2024)
Rashtriya Chemicals & Fertilizers Ltd, National Fertilizer Ltd, Best Agrolife Ltd and Indiabulls Real Estate Ltd are among the other gainers in the BSE’s ‘A’ group today, 20 June 2024.
Tanfac Inds soars after signing 5-year supply deal worth $81 million with Japanese company (20-06-2024)
Tanfac Industries zoomed 10.30% to Rs 2340 after the company announced the signing of a framework agreement worth revenue of $81 million (Rs 675 crore) over next 5 years with one of the leading Japanese Specialty Chemical company.
Cabinet approves development of an all-weather greenfield deepdraft major port at Vadhavan in Maharashtra (20-06-2024)
The Union Cabinet has approved setting up a Major Port at Vadhavan near Dahanu in Maharastra. The Project will be constructed by Vadhavan Port Project Limited (VPPL), an SPV formed by Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a shareholding of 74% and 26%, respectively. The Vadhavan Port will be developed as an all-weather Greenfield deep draft major port in Vadhavan, Palghar District, Maharashtra.
Tanfac Industries shares rally 13% on pact with Japanese chemical firm (20-06-2024)
On Thursday, shares of Tanfac Industries, an Indian speciality fluoride chemical manufacturer soared by 13.1 per cent at Rs 2,399 a piece intraday on the BSE
Indian economy turns in solid macroeconomic performance says RBI (20-06-2024)
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Vedanta jumps after board OKs to raise NCDs worth Rs 1,000 cr (20-06-2024)
Vedanta rallied 6.20% to Rs 471.35 after the mining company’s board has considered and approved fund raising of Rs 1,000 crore by issuing non-convertible debentures (NCDs) on private placement basis.
Why are FIIs buying bank stocks, and will this momentum sustain? (20-06-2024)
Analysts believe a likely pick up in credit growth and hopes of a rate cut by the Reserve Bank of India should keep the momentum alive in bank stocks.
Nifty climbs above 23,500; metal shares shine (20-06-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex was up 31.61 points or 0.04% to 77,369.20. The Nifty 50 index added 18.20 points or 0.08% to 23,534.20.
Sapphire Foods gains as board OKs 1:5 stock split (20-06-2024)
Sapphire Foods advanced 2.54% to Rs 1,597.10 after the company announced that its board has approved 5-for-1 stock split.