On Tuesday, the benchmark indices were trading in the green with the Sensex up around 175 points or 0.23% at 76,661, while the Nifty-50 was up around 57 points or 0.24% at 23,315. About 2,491 shares have advanced; 991 declined and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Market Turbulence and Recovery: A Tale of June 4th On June 4th, the Indian equity markets experienced unprecedented turbulence, recording the sharpest single-day fall since the pandemic outbreak. This decline was primarily due to the actual voting results showing an underperformance by the BJP compared to the exit polls. As a result, uncertainty gripped the …
Rallis India: A Robust Crop Care Portfolio Rallis India, a subsidiary of Tata Chemicals, boasts a robust product portfolio offering comprehensive crop care solutions. Their range includes formulations for crop protection and nutrition, manufacturing and marketing a variety of agri-inputs like pesticides, fungicides, insecticides, seeds, and plant growth nutrients. Each product category covers a broad …
On June 9, 2024, Coromandel International Ltd informed in a stock exchange filing about its state-of-the-art Nano Fertiliser plant launch at its Kakinada complex in Andhra Pradesh. Mr Sankarasubramanian S, Executive Director of Nutrient Business, inaugurated the plant in the presence of the company’s senior leadership team and key channel partners from across the country. …
On June 8, 2024, Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary of Dalmia Bharat Limited, entered into a Share Subscription Agreement, Shareholders Agreement, and Power Purchase Agreement. These agreements enable DCBL to acquire a 26% stake in the equity share capital and 26% of the compulsory convertible debentures of Solarcraft Power India 23 Private …
Davangere Sugar Company Limited (DSCL) was incorporated in 1970 and acquired by current promoters in 1995. Ganesh S S takes care of the day-to-day functioning of the company. The company commenced operation with an installed capacity of 1250TCD sugar, subsequently, its sugar crushing capacity was enhanced to 4750TCD. DSCL also operates a multi-fuel co-generation unit …
The IDBI Bank Limited (IDBI Bank or IDBI) is a Scheduled Commercial Bank under the ownership of the Life Insurance Corporation of India (LIC) and the Government of India. It was established by the Government of India as a wholly owned subsidiary of the Reserve Bank of India in 1964 as the Industrial Development Bank …
Raymond Realty, established in 2019, is the real estate arm of the esteemed Raymond Group, renowned for its textile and apparel business. Committed to quality, innovation, and sustainability, Raymond Realty specializes in high-end residential and commercial developments. Notable projects like Ten X Habitat in Thane showcase their dedication to crafting luxurious, contemporary living spaces that …
Introduction Forbes & Company Limited (FCL) had approved a Scheme of Arrangement to demerge its Precision Tools business into a wholly-owned subsidiary, Forbes Precision Tools and Machine Parts Limited (FPTL). This move aims to streamline operations, enhance management focus, and unlock shareholder value. Details of the Demerger 1. Entities Involved Demerged Company: Forbes & Company …
At 11:23 am, the BSE Sensex surged 0.14%, reaching a level of 76,800. The Nifty 50 index is up 0.23% to the 23,343 level. On the Sensex, Ultratech Cement Ltd, Power Grid Corporation Ltd and Nestle India Ltd were among the top gainers, whereas HCL Technologies Ltd, Infosys Ltd and Tech Mahindra Ltd were among …
