KPI Green Energy said that the credit rating agency ICRA has upgraded its rating on the long-term facilities of the company to “[ICRA] A” from “ICRA] A-“.
Posts in category Business Standard
BSE SME Travels & Rentals makes a good debut (05-09-2024)
Shares of Travels & Rentals were trading at Rs 57.75 on the BSE, a premium of 44.38% compared with the issue price of Rs 40.
Demat accounts surge past 171 mn, helped by investor interest in IPOs (05-09-2024)
There has been an average addition of 4 mn accounts monthly since 2024
Zomato surges 8% on heavy volumes after 13% fall from record high in Aug (05-09-2024)
The average trading volumes on the counter jumped over two-fold, with a combined 83.99 million equity shares changing hands on the NSE and BSE till 10:40 AM.
Goldiam International hits all-time high on Rs 70-cr order win; details (05-09-2024)
The jump in Goldiam International share price came after the company announced that it has secured an order worth Rs 70 crore from a large retailer in the USA.
India’s textile industry expected to grow to US$350 bn by 2030 and add 3.5 crore jobs: Ministry of Textiles (05-09-2024)
Indias textile industry is expected to grow to US$350 bn by 2030 and add 3.5 crore jobs. This was stated by Union Minister of Textiles, Shri Giriraj Singh during the Curtain Raiser event of Bharat Tex 2025 in New Delhi. He further expressed hope of India being recognised by its Bharat brand and green sustainable textile products at the world stage. Singh asserted that the Union Governments PLI scheme for textiles will enable the apparel industry to boost production and promote their branding. The Minister also added that the PLI scheme will enable linking of the textile value chain and lure FDI in the country. Singh emphasised that the Indian demographic dividend will aid Indias growth ahead of China and urged the state governments to equally participate in the event. With innovation, collaboration, and the Make in India spirit at its core, this event is an embodiment of the 5F vision of the Honble Prime Minister- Farm to Fibre to Factory to Fashion to Foreign, he added.
RBI board reviews global, domestic economy (05-09-2024)
The central board of the Reserve Bank of India on Wednesday reviewed the global and domestic economic scenario and outlook, including associated challenges. The Board also reviewed various areas of operations of the Reserve Bank of India including the functioning of Local Boards and activities of select Central Office Departments. The 610th meeting of the Central Board of Directors of the Reserve Bank of India was held under the chairmanship of Governor Shaktikanta Das, it said in a statement.
Benchmarks trade with minor cuts; Nifty slips below 25,200 level (05-09-2024)
At 11:25 IST, the barometer index, the S&P BSE Sensex, declined 93.26 points or 0.11% to 82,259.59. The Nifty 50 index fell 19.35 points or 0.08% to 25,179.35.15.
US equities close mixed (05-09-2024)
US equities ended a choppy session narrowly mixed on Wednesday following the sell-off seen in the previous session. The major averages on the Wall Street eventually finished the day mixed with the Dow marginally up 38.04 points or 0.1 percent to 40,974.97, the S&P 500 dipped 8.86 points or 0.2 percent to 5,520.07 and the Nasdaq fell 52.00 points or 0.3 percent to 17,084.30. Energy shares led the declines, with Exxon Mobil and Chevron falling 1.2% and 1.7%, respectively. Tech shares also underperformed as Nvidias stock dropped 1.6% amid AI concerns. Intel lost 3.3%.
Sebi sets up new expert group of 22 members on listing obligations (05-09-2024)
Committee headed by former RBI deputy governor will advice regulator on corporate governance, harmonisation of listing and post-listing obligations