Significant optimism has returned to the sugar sector due to seasonal factors (festival period), and growing concerns on India’s sugar production estimate for the upcoming season
Posts in category Business Standard
NBCC soars 13%, hits 52-week high on Rs 180-cr order win, MoU with govt (14-09-2023)
NBCC (India), on Wednesday, signed a quadripartite memorandum of understanding (MoU) with Ministry of Steel, Rashtriya Ispat Nigam Limited (RINL), and National Land Monetisation Corp. Ltd. (NLMC)
Bombay Dyeing hits 20% upper limit as board okays Rs 5200 cr land sale deal (14-09-2023)
The average trading volumes on the counter jumped over five-fold today with combined 18.96 million equity shares changing hands on the NSE and BSE till 09:24 AM.
Bombay Dyeing hits 20% upper limit as board okays Rs 5200 cr land sale deal (14-09-2023)
The average trading volumes on the counter jumped over five-fold today with combined 18.96 million equity shares changing hands on the NSE and BSE till 09:24 AM.
Gold slumps Rs 380 to Rs 59,450/10g, silver falls Rs 1,000 to Rs 73,500 (14-09-2023)
The price of 22-carat gold fell by Rs 340, with the yellow metal selling at Rs 54,500
Gold slumps Rs 380 to Rs 59,450/10g, silver falls Rs 1,000 to Rs 73,500 (14-09-2023)
The price of 22-carat gold fell by Rs 340, with the yellow metal selling at Rs 54,500
Stock Market Live: Asian shares rise; US futures higher on mixed CPI data (14-09-2023)
Stock Market Live on September 14, 2023: At 7:15 am, the Gift Nifty futures were up 57 points at 20,182
Nifty Pharma, Auto: Here’s a guide to plan your trading activity (14-09-2023)
According to Ravi Nathani, an independent technical analyst, the Nifty Pharma and Auto indices are at critical junctures, hence one needs to watch out for these key levels for planing trades.
Stocks to Watch today, Sep 14: Adani Group, RIL, Hero Moto, Bombay Dyeing (14-09-2023)
Stocks to watch on Thursday, September 14, 2023: Delta Corp, Indiabulls Housing Finance, IEX, India Cements, Manappuram, REC and SAIL among stocks in F&O ban today.
IIFL Fintech Fund buys 51% in supply chain platform Xtracap for Rs 25 cr (13-09-2023)
IIFL Group’s early-stage investment vehicle IIFL Fintech Fund has invested a reported Rs 25 crore for a 51 per cent stake in a supply-chain finance platform, Xtracap Fintech.
This is the fund’s first investment in a supply chain finance firm, the company said in a statement without disclosing any financial details of the transaction.
But sources told PTI that they have picked up 51 per cent for Rs 25 crore, valuing Xtracap at Rs 50 crore.
Xtracap offers e-invoice financing that allows businesses to unlock value of their invoices in real-time, providing instant liquidity. Its dual app serves both downstream and upstream channel financing needs. By using invoices and receivables as collateral, financing facility is made available.
IIFL Fintech Fund was launched in August 2021 with a corpus of Rs 210 crore and has since invested in Trendlyne, Leegality, Finbox, Datasutram, Multipl, Finarkein, Trustcheckr, Finvu, Insurance Samadhan and Easyrewardz.