Posts in category Business Standard
Volkswagen and Mahindra & Mahindra sign supply agreement (16-02-2024)
Volkswagen Group and Mahindra & Mahindra have signed the first supply agreement on components of Volkswagens MEB for Mahindra's purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration.
Volkswagen and Mahindra & Mahindra sign supply agreement (16-02-2024)
Volkswagen Group and Mahindra & Mahindra have signed the first supply agreement on components of Volkswagens MEB for Mahindra's purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration.
Barometers turn range bound; pharma shares advance (16-02-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 377.41 points or 0.52% to 72,427.79. The Nifty 50 index added 119.30 points or 0.54% to 22,030.05.
Barometers turn range bound; pharma shares advance (16-02-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 377.41 points or 0.52% to 72,427.79. The Nifty 50 index added 119.30 points or 0.54% to 22,030.05.
Pound Stays Cautiously Lower Ahead Of UK Retail Sales (16-02-2024)
UK pound is staying cautiously lower ahead of UK retail price inflation data due later in the day that is likely to provide fresh momentum to the currency pair. Yesterday, UK GDP data confirmed technical recession that weighed down the pair. GBPUSD is currently quoting at $1.2583, down 0.12% on the day. The pair is however staying well supported amid a sharp overnight drop in dollar overseas tracking slide in US treasury yields after weaker than expected US retail sales data. US retail sales for January saw a decrease of -0.8% month-over-month, falling short of both the previous month's figures and the estimated -0.1% contraction. The dollar index that measures the greenback against a basket of currencies recovered some lost ground and was trading at 104.32 today after having fallen over half a percent yesterday, capping upside for the pair. The 10-year benchmark treasury yields also dipped to around 4.22%. Meanwhile, GBPINR futures on the NSE are also staying choppy although holding
Pound Stays Cautiously Lower Ahead Of UK Retail Sales (16-02-2024)
UK pound is staying cautiously lower ahead of UK retail price inflation data due later in the day that is likely to provide fresh momentum to the currency pair. Yesterday, UK GDP data confirmed technical recession that weighed down the pair. GBPUSD is currently quoting at $1.2583, down 0.12% on the day. The pair is however staying well supported amid a sharp overnight drop in dollar overseas tracking slide in US treasury yields after weaker than expected US retail sales data. US retail sales for January saw a decrease of -0.8% month-over-month, falling short of both the previous month's figures and the estimated -0.1% contraction. The dollar index that measures the greenback against a basket of currencies recovered some lost ground and was trading at 104.32 today after having fallen over half a percent yesterday, capping upside for the pair. The 10-year benchmark treasury yields also dipped to around 4.22%. Meanwhile, GBPINR futures on the NSE are also staying choppy although holding
Indian Hume Pipe gains after bagging EPC project worth Rs 495 cr (16-02-2024)
Indian Hume Pipe rose 1.05% to Rs 256.20 after the company received letter of intent from Tapi Irrigation Development Corporation Jalgaon, Maharashtra for engineering, procurement and construction (EPC) project worth Rs 495.04 crore.
Indian Hume Pipe gains after bagging EPC project worth Rs 495 cr (16-02-2024)
Indian Hume Pipe rose 1.05% to Rs 256.20 after the company received letter of intent from Tapi Irrigation Development Corporation Jalgaon, Maharashtra for engineering, procurement and construction (EPC) project worth Rs 495.04 crore.
Volumes jump at Data Patterns (India) Ltd counter (16-02-2024)
Data Patterns (India) Ltd saw volume of 60.82 lakh shares by 10:47 IST on BSE, a 868.19 fold spurt over two-week average daily volume of 7005 shares
Happy Forgings secures order worth Rs 400 crore (16-02-2024)
Happy Forgings announced that it has bagged an order for supply of fully machined components for SUVs for an amount of approximately Rs 400 crore.