Posts in category Business Standard
Bull spread on Chambal Fert: Buy Call at Rs 440, says HDFC Securities (14-06-2024)
Stock price has broken out on the daily chart where stock price closes at two year high
From SEC Surprises to Meme Tokens: How May Transformed Crypto Markets (13-06-2024)
New Delhi [India], June 13: May 2024 brought a whirlwind of activity to the cryptocurrency market, marked by regulatory surprises and a resurgence of meme tokens. The most significant development was the U.S. Securities and Exchange Commission's (SEC) unexpected approval of a rule change that could soon allow Ethereum exchange-traded funds (ETFs) to launch. This pivotal decision has not only shifted market dynamics but also reignited interest in various meme tokens across different blockchain networks.
Good gains in Australian stocks (13-06-2024)
Powered by Capital Market - Live News
Fundraising through SME IPOs in the first half of 2024 touches Rs 3,000 cr (13-06-2024)
Record-breaking fundraising in first half since SME option debut
Board of Vodafone Idea approves preferential issue of shares aggregating Rs 2458 cr (13-06-2024)
At meeting held on 13 June 2024
Wipro collaborates with Hewlett Packard Enterprise (13-06-2024)
To include HPE Machine Learning Development Environment as part of Wipro's GenAI customer experience
Wipro collaborates with Hewlett Packard Enterprise (13-06-2024)
To include HPE Machine Learning Development Environment as part of Wipro's GenAI customer experience
Ambuja Cement acquires Penna Cement at enterprise value of Rs 10,422 cr (13-06-2024)
PCIL has 14 MTPA cement capacity, of which 10 MTPA is operational, and the remaining is under construction at Krishnapatnam (2 MTPA) and Jodhpur (2 MTPA) and will be completed within 6 to 12 months. Around 90% of the cement capacity comes with railway sidings, and some are supported by captive power plants and waste heat recovery systems. Further, surplus clinker at the Jodhpur plant will support an additional 3 MTPA cement grinding capacity over and above 14 MTPA.
Ambuja Cement acquires Penna Cement at enterprise value of Rs 10,422 cr (13-06-2024)
PCIL has 14 MTPA cement capacity, of which 10 MTPA is operational, and the remaining is under construction at Krishnapatnam (2 MTPA) and Jodhpur (2 MTPA) and will be completed within 6 to 12 months. Around 90% of the cement capacity comes with railway sidings, and some are supported by captive power plants and waste heat recovery systems. Further, surplus clinker at the Jodhpur plant will support an additional 3 MTPA cement grinding capacity over and above 14 MTPA.
Havells India to invest Rs 60 cr for expansion of AC manufacturing capacity (13-06-2024)
The total proposed investment for the above capacity enhancements will be in the range of Rs 50 - 60 crore. The same will be funded through internal accruals and the expected date of completion is Q4 FY 2025.