Posts in category Business Standard
Sterlite Tech soars 9% on entering into strategic partnership with Lumos (21-02-2024)
Sterlite Technologies said that it has been strategically engaged in co-creating fiber and optical connectivity solutions suited for Lumos
US Dollar Strengthens 1.9% On Monthly Basis In January Amid Reduced Probability Of Federal Rate Cut, Notes RBI (21-02-2024)
According to RBIs Bulletin, the January 2024 Big Mac update shows that the US dollar has strengthened against almost all other currencies except the pound sterling and the Canadian dollar. The Japanese yen is undervalued by 43 per cent, the Indonesian rupiah by 47 per cent, the Hong Kong dollar by 51 per cent and the Taiwanese dollar by 58 per cent. Moreover, the US dollar strengthened by 1.9 per cent (m-o-m) in January as the reduced probability of rate cuts shored up demand. The US dollar continued to gain strength mid February, the central bank further stated.
CRISIL upgrades ratings of IRM Energy to ‘AA-‘ with ‘stable’ outlook (21-02-2024)
IRM Energy said that CRISIL Ratings has upgraded its ratings on the bank facilities of the company to 'CRISIL AA-/Stable/CRISIL A1+' from 'CRISIL A+/Stable/CRISIL A1'.
State Bank of India spurts 2.17%, up for third straight session (21-02-2024)
State Bank of India is quoting at Rs 776.6, up 2.17% on the day as on 12:49 IST on the NSE. The stock is up 50.4% in last one year as compared to a 26.63% gain in NIFTY and a 18.14% gain in the Nifty Bank index.
Sterlite Technologies partners with Lumos (21-02-2024)
To support Lumos' mega ambition to build transformative 100% fiber optic internet in the mid-Atlantic region
Gunny Chem Tex India standalone net profit rises 2166.67% in the December 2023 quarter (21-02-2024)
Sales rise 2090.48% to Rs 9.20 crore
India Infrastructure Finance Company standalone net profit rises 74.18% in the December 2023 quarter (21-02-2024)
Sales rise 10.10% to Rs 1202.54 crore
Supraneet Finance & Consultants reports standalone nil net profit/loss in the December 2023 quarter (21-02-2024)
Sales reported at Rs 0.07 crore
BluSmart inks multi-year power purchase agreement with Tata Power Group (21-02-2024)
BluSmart, India's leading born-electric, full stack, vertically integrated eMobility ride hailing service and EV charging infrastructure network, proudly announces a groundbreaking multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company (TPTCL) a wholly-owned subsidiary of Tata Power. This strategic collaboration marks a significant step towards BluSmart's commitment to decarbonize mobility at scale and bolster India's net-zero ambitions.
Citicorp Finance India standalone net profit rises 110.78% in the December 2023 quarter (21-02-2024)
Sales decline 22.19% to Rs 163.38 crore