Trident informed that it has successfully commissioned the capacity of 1.1 MWp (megawatt peak) solar power project at Budhni in Madhya Pradesh.
Posts in category Business Standard
Dr. Reddy’s Lab arm launches migraine management device, Nerivio in Europe (11-04-2024)
Dr. Reddy’s Laboratories said that it has announced the launch of the drug-free non-invasive migraine management wearable device, Nerivio in Germany through its step-down subsidiary betapharm.
Government enforces weekly stock disclosure and verification of pulses (11-04-2024)
The Centre on Wednesday directed all States and UTs to enforce weekly stock disclosure of pulses by all stockholding entities and verify the stocks declared by them. Stocks in warehouses located in major ports and in pulses industry hubs should be verified from time to time and strict action should be taken on stockholding entities found to be reporting false information on stock disclosure portal.
DXY Futures Surge Above 105 Mark As US Inflation Stays Stubbornly High; US PPI Eyed For Further Cues (11-04-2024)
The dollar index futures rallied to a 5 month high above 105 mark following hotter than expected US inflation data that further delays possibility of a Federal rate cut. Data from US yesterday showed that headline inflation increased to 3.5% on year in March, up from 3.2% in February and beating the 3.4% expected. This was also this highest level since October last year. Core CPI measurement, excluding volatile food and energy costs reflected February’s increase with an annual rise of 3.8% in March. The dollar index futures that measures the greenback against a basket of currencies climbed 1% and hit a high of 105.09 in immediate reaction to the data and is currently quoting at 105.03, almost unchanged on the day. US benchmark treasury yields also spiked to 4.55% that could keep the greenback at elevated levels. Investors now look ahead to Thursdays US producer price index report and ECB monetary policy for further insights on currency movements. Among the basket currencies, …
Varun Beverages to invest in two renewable energy companies (11-04-2024)
The beverage maker on Wednesday announced that it will invest upto 14% each in Huoban Energy 11 and Aspirative Creative Ventures for a cash consideration of Rs 2.90 crore and Rs 2.24 crore, respectively.
DCX Systems appoints Diwakaraiah N J as CFO (11-04-2024)
DCX Systems announced that it has been appointed Diwakaraiah N J as the chief financial officer (CFO) and key management personnel (KMP) with effect from 11 April, 2024.
Bondada Engineering incorporates WOS in India (11-04-2024)
Bondada Engineering said that it has incorporated wholly owned subsidiary (WOS), Bondada Green Engineering in India.
Gold price rises to Rs 72,110, silver price climbs Rs 100 to Rs 85,600 (11-04-2024)
The price of one kilogram of silver in Chennai stood at Rs 89,100
Teamo Productions HQ standalone net profit rises 142.66% in the March 2024 quarter (11-04-2024)
Sales decline 69.49% to Rs 114.60 crore
Ashapuri Gold Ornament standalone net profit rises 10166.67% in the March 2024 quarter (11-04-2024)
Sales rise 67.94% to Rs 50.70 crore