Posts in category Business Standard
India needs Rs. 30 lakh crores investment during FY 2024-2030 to meet its COP Climate Pledges: IREDA Chief (16-02-2024)
India needs investments worth Rs 30 lakh crore over six fiscal years to meet its carbon emission reduction commitments made at the UN climate change conference, an official statement said on Thursday. India has set the target of having 50 per cent of its power generation capacity from non-fossil fuel sources. The government also aims to become a net zero carbon emitting country by 2070. Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA) Pradip Kumar Das addressed an international webinar organized by The World Bank, on the occasion of the release of the latest South Asia Development Update "Toward Faster, Cleaner Growth", on February 14, 2024. In his address, CMD, IREDA underscored the critical need for substantial investment to meet Indias Nationally Determined Contributions (NDC) goals by 2030, stating that the investment required is estimated to be Rs. 30 lakh crores over the period FY 2024-2030. Investment is required in manufacturing .
B.L.Kashyap soars after bagging Rs 208-crore order from Manyata Promoters (16-02-2024)
B.L.Kashyap and Sons jumped 4.04% to Rs 77.29 after the company announced that it has secured new order worth approximately Rs 208 crore from Manyata Promoters.
Consumer goods stocks edge higher (16-02-2024)
Consumer goods stocks were trading in green, with the S&P BSE Consumer Discretionary index increasing 87.16 points or 1.04% at 8432 at 09:45 IST.
Auto stocks edge higher (16-02-2024)
Auto stocks were trading in green, with the S&P BSE Auto index increasing 733.51 points or 1.59% at 46728.11 at 09:45 IST.
Healthcare stocks edge higher (16-02-2024)
Healthcare stocks were trading in green, with the S&P BSE Healthcare index increasing 367.74 points or 1.05% at 35419.91 at 09:45 IST.
Market opens on firm note, Nifty above 21,950 mark (16-02-2024)
The benchmark indices were trading with decent gains in early trade, tracking positive global cues. The Nifty traded above the 21,950 mark. Barring the Nifty Realty index, all the sectoral indices on the NSE were in the green.
63 Moons Technologies Ltd Spikes 3.17% (16-02-2024)
63 Moons Technologies Ltd has added 18.7% over last one month compared to 3.65% gain in S&P BSE IT Sector index and 1.2% rise in the SENSEX
Epack Durable jumps after reporting turnaround Q3 numbers (16-02-2024)
Epack Durable rallied 6.31% to Rs 198.05 after the company's consolidated net profit stood at Rs 4.89 crore in Q3 FY24 as compared with net loss of Rs 6.24 crore in Q3 FY23.
Elgi Equipments signs technical licensing agreement with DVP, Italy (16-02-2024)
For manufacturing and sale of vacuum products in India
Axis Bank, Escorts Kubota, Entero Healthcare Solutions in action (16-02-2024)
Axis Bank: A Public Interest Writ Petition has been filed by Subramanian Swamy against Union of India, Axis Bank, Axis Securities Limited, Axis Capital Limited and others before the High Court of Delhi in connection with the sale / purchase of shares of Max Life Insurance Company Limited. Axis Bank believes that there is no material impact of the allegations being made against Axis Bank in connection with the transaction.