Reports suggested Cintra, a toll road subsidiary of the Dutch major Ferrovial, was looking to sell up to 5 per cent stake in IRB Infrastructire Developer
Posts in category Business Standard
Crude oil strategy for June 11: Trend remains weak, WTI eyes support at $76 (11-06-2024)
Oil prices are moving higher after posting three straight weekly declines following Opec+ decision on June 2
RVNL share price surge 3% on multiple order wins; up 52% in 3 months (11-06-2024)
The uptick in share price came after the state-owned railway company secured multiple orders on June 10, after market hours
Indices nudge higher in early trade; breadth strong (11-06-2024)
At 09:30 IST, the barometer index, the S&P BSE Sensex, was up 55.7 points or 0.08% to 76,562.65. The Nifty 50 index rose 18.95 points or 0.08% to 23,278.15.
MIC Electronics secures LoA from Northern Railway (11-06-2024)
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GOI announces the sale of three dated securities for a notified amount of Rs 34,000 crore (11-06-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) New GS 2031 for a notified amount of ₹11,000 crore, (ii) 7.23% GS 2039 for a notified amount of ₹12,000 crore and (iii) 7.34% GS 2064 for a notified amount of ₹11,000 crore. The auction will be conducted using multiple price method for New GS 2031, 7.23% GS 2039 and 7.34% GS 2064. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 14, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.
Phoenix Mills Ltd Surges 2.21%, BSE Realty index Gains 1.03% (11-06-2024)
Phoenix Mills Ltd has added 19.16% over last one month compared to 16.98% gain in BSE Realty index and 5.17% rise in the SENSEX
ICICI Bank Ltd Slips 0.69% (11-06-2024)
ICICI Bank Ltd has lost 0.04% over last one month compared to 4.57% gain in BSE BANKEX index and 5.17% rise in the SENSEX
CRISIL revises outlook on Pudumjee Paper’s LT rating to ‘positive’ (11-06-2024)
Pudumjee Paper Products (PPPL) said that CRISIL Ratings has revised its outlook on the long-term bank facilities and fixed deposits of the company ‘positive’ from ‘stable’ while reaffirming the rating at ‘CRISIL A’.
Tata Technologies deploys SAP S/4 HANA for Mitsubishi Electric India (11-06-2024)
To enhance operational efficiency