NBCC rallied 3.09% to Rs 143.60 after it obtained in-principle approval from Greater Noida Authority to develop unused and purchasable floor area ratio (FAR) in furtherance of existing projects of Amrapali valuing Rs 10,000 crore.
Posts in category Business Standard
Government eases FDI norms in space sector; Allows 100% foreign Investment in making components for satellites (22-02-2024)
The government on Wednesday eased Foreign Direct Investment (FDI) norms in the space sector by allowing 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. The decision was taken at the Cabinet meeting chaired by Prime Minister Narendra Modi. Now, the satellite sub-sector has been divided into three different activities with defined limits for foreign investment in each such sector, according to an official statement.
Naraingarh Sugar Mills reports standalone net loss of Rs 14.95 crore in the December 2023 quarter (22-02-2024)
Sales decline 5.03% to Rs 37.22 crore
Manphool Exports reports standalone net loss of Rs 0.12 crore in the December 2023 quarter (22-02-2024)
Reported sales nil
South Indian Bank gains after board OKs to raise Rs 1,151 cr via rights issue (22-02-2024)
South Indian Bank jumped 2.83% to Rs 33.46 after the bank said that its board has approved the proposal to raise Rs 1,151.01 crore through rights issue.
Sensex slides 492 pts; PSU bank shares decline (22-02-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, declined 491.61 points or 0.68% to 72,131.48. The Nifty 50 index fell 142.55 points or 0.65% to 21,912.50.
Indices trade with deep cuts; PSU bank shares decilned (22-02-2024)
At 10:28 IST, the barometer index, the S&P BSE Sensex, declined 491.61 points or 0.68 % % to 72,131.48. The Nifty 50 index fell 142.55 points or 0.65% to 21,912.50.
Board of Rushil Decor approves JV with Modala Panels and Boards (22-02-2024)
At meeting held on 22 February 2024
Grauer & Weil hits record high as board to mull bonus issue (22-02-2024)
Grauer & Weil (India) surged 16.60% to Rs 190.40 after the company informed that its board will meet on Monday, 26 February 2024 to consider the proposal of issue of bonus shares to the shareholders of the company.
Grasim gains 2%, hits record high on paint biz launch; Asian Paints dips 2% (22-02-2024)
The company will launch Birla Opus Paints Business and inaugurate three Birla Opus Paints plants at Haryana, Punjab and Tamil Nadu today on February 22, 2024.