Posts in category Business Standard
Tata Investment Corporation Ltd leads gainers in ‘A’ group (21-02-2024)
ABB India Ltd, Bajaj Consumer Care Ltd, Raymond Ltd and Piramal Enterprises Ltd are among the other gainers in the BSE's 'A' group today, 21 February 2024.
Varun Beverages rises after securing exclusive ‘Cheetos’ production deal in Morocco (21-02-2024)
Shares of Varun Beverages gained 1.50% to Rs 1459.30 after the company announced the signing of an exclusive deal with PepsiCo to manufacture and package 'Cheetos' in Morocco.
Tinna Rubber & Infrastructure commences commercial production at its new unit in Varle, Maharashtra (21-02-2024)
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Swan Energy launches QIP; floor price at Rs 703.29/share (21-02-2024)
Swan Energy announced that its board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 703.29 per share.
ABB India rallies 9% as order book rises 35% in Dec qtr, PAT jumps 13% (21-02-2024)
In the fourth quarter, total orders rose up by 35 per cent to Rs 3,147 crore
Indices trade with minor losses; metal shares in demand (21-02-2024)
The headline equity indices continued to trade near the flat line with small losses in mid-morning trade. The Nifty traded below the 22,200 level after hitting the day's high of 22,249.40 in morning trade. Metal shares advanced after declining in the past trading session.
UBI shares surge 7%, approach 52-week high as bank launches Rs 3,000-cr QIP (21-02-2024)
A meeting of the Committee of Directors for Raising Capital Funds is scheduled to be held on February 23, 2024 to consider and approve the issue price for the QIP
Hindalco Inds gains as Novelis files for US IPO (21-02-2024)
Hindalco Industries added 2.03% to Rs 522.20 after its fully owned subsidiary, Novelis Inc. announced that it has confidentially submitted a filing for initial public offering (IPO) with the US Securities and Exchange Commission (SEC).
Fresh round of capex by corporate sector likely to fuel the next leg of growth: RBI Bulletin (21-02-2024)
According to RBIs latest bulletin, the likelihood of the global economy exhibiting stronger than expected growth in 2024 has brightened in recent months, with risks broadly balanced. The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high frequency indicators. Expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth, the report stated. Consumer price inflation came off its November-December spikes in its January 2024 reading, while core inflation is at its lowest since October 2019.
Kilburn Engineering completes acquisition of M.E Energy (21-02-2024)
Kilburn Engineering announced the successful completion of its acquisition of M.E Energy, a distinguished leader in waste heat recovery (WHR) and waste heat reutilization systems.