Welspun Enterprises rallied 3.42% to Rs 557 after the company has secured order worth Rs 1,989.40 crore from Brihanmumbai Municipal Corporation (BMC) for the construction of tertiary treated water conveyance tunnel from Dharavi to Ghatkopar.
Posts in category Business Standard
Inflation horse brought to the stable; has to be kept on a tight leash: RBI (09-10-2024)
While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25
Varun Beverages to raise fund up to Rs 7,500 crore via QIP route (09-10-2024)
Varun Beverages said that its board has approved a proposal to raise funds by way of issuance of equity shares for an aggregate amount not exceeding Rs 7,500 crore, in one or more tranches, through qualified institutions placement (QIP) route.
Garuda Construction IPO Day 2: GMP shows slight uptick; Should you invest? (09-10-2024)
The three-day subscription window to bid for the Garuda Construction IPO will conclude on Thursday, October 10, 2024
Oriental Rail gains on bagging Rs 7-cr order (09-10-2024)
Oriental Rail Infrastructure added 1.12% to Rs 275 after the company secured an order worth Rs 6.91 crore from Modern Coach Factory (MCF) at Raebareli in Indian Railways.
Banks stocks climbs after RBI keeps key rates unchanged (09-10-2024)
The Reserve Bank of India (RBI) monetary policy committee (MPC) has voted to keep the repo rate unchanged at 6.5%.
SpiceJet takes off 8% on resolving dispute with lessors for $22.5 mn (09-10-2024)
SpiceJet share price today: SpiceJet settled dispute with Babcock & Brown Aircraft Management for $22.5 million
Genus Power up 5% for 2nd day; Emkay initiates ‘buy’, sees 25% upside (09-10-2024)
Genus Power is set to become one of the largest beneficiaries of the upcoming smart meter installation drive under the Rs 3-trillion revamped distribution sector scheme, say analysts
MPC changes stance from withdrawal of accommodation to ‘neutral’ to monitor progress on disinflation which is still incomplete, Says RBI Governor (09-10-2024)
The RBIs monetary policy committee with new external members noted that the domestic growth outlook remains resilient supported by domestic drivers private consumption and investment. This provides headroom for monetary policy to focus on the goal of attaining a durable alignment of inflation with the target. The MPC reiterates that enduring price stability strengthens the foundations of a sustained period of high growth. After a transient spike in the near term, headline inflation is expected to moderate as projected above. With better prospects for both kharif and rabi crops and ample buffer stocks of foodgrains, there is now greater confidence on the disinflation path later in the financial year. Keeping in view the prevailing and expected inflation-growth dynamics, which are well balanced, the MPC decided to change the monetary policy stance from withdrawal of accommodation to neutral and remain unambiguously focused on a durable alignment of inflation with the target, while …
The Phoenix Mills share jumps 6% on healthy Sept quarter business update (09-10-2024)
The rise in The Phoenix Mills share price came after the company reported a strong set of September quarter (Q2FY25) and (first half of Financial year 2025 (H1FY25) business update.