Havells India announced its entry into the kitchen appliances market through a strategic partnership with Jumbo Group, a leading distributor of consumer electronics and technology products in the UAE. This alliance is set to bolster Havells product portfolio and market reach while enabling Jumbo Group to establish a significant presence in the Middle East.
Posts in category Business Standard
Man Infra edges higher after bagging redevelopment contract for BKC-based residential project (10-06-2024)
Man Infraconstruction added 2.95% to Rs 200.60 after the company announced the acquisition of a prime redevelopment project at Bandra Kurla Complex (BKC).
Nifty hovers above 23,300; European mrkt decline (10-06-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 43.11 points or 0.06% to 76,736.47. The Nifty 50 index rose 48.90 points or 0.21% to 23,339.05.
HCL Technologies launches Enterprise AI Foundry (10-06-2024)
To simplify foundational AI infrastructure for enterprises
This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr (10-06-2024)
The board of directors of Godawari Power & Ispat are scheduled to meet on Saturday, June 15, 2024 to consider and approve a proposal for buyback of equity shares.
Samvardhana Motherson gains 4% on Moody’s rating upgrade; Outlook ‘stable’ (10-06-2024)
The auto components manufacturer’s stock price jumped after Moody’s Rating upgraded the credit rating of SAMIL and Samvardhana Motherson Automotive Systems Group B.V (SMRP B.V)
India’s MF assets at Rs 58.6 trillion in May, up nearly Rs 10 trn in a year (10-06-2024)
While the fund industry took five decades to build the first Rs 10 trillion of assets since its inception in 1964, it has added the last Rs 9 trillion of assets in less than six months
Adani Energy Solutions Ltd spurts 1.66%, rises for third straight session (10-06-2024)
Adani Energy Solutions Ltd is quoting at Rs 1036.95, up 1.66% on the day as on 12:49 IST on the NSE. The stock is up 24.87% in last one year as compared to a 25.43% gain in NIFTY and a 68.13% gain in the Nifty Energy index.
Pound Speculative Net Longs At Near 2-Month High (10-06-2024)
Large currency speculators extended net long position in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 43210 contracts in the data reported through June 04 2024. This was a weekly rise of 17808 net contracts and at its highest level in two months.
Torrent Pharmaceuticals Ltd spurts 0.36%, up for five straight sessions (10-06-2024)
Torrent Pharmaceuticals Ltd is quoting at Rs 2855.1, up 0.36% on the day as on 12:44 IST on the NSE. The stock is up 58.06% in last one year as compared to a 25.44% gain in NIFTY and a 53.56% gain in the Nifty Pharma.