JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group, The Steel company has reported its Q4 FY 2023-24 earnings today after market hours. Q4 Performance of JSW Steel The Steel Giant has reported below market estimates net profits for this quarter, The next …
Zydus Lifesciences Ltd., a prominent Indian pharmaceutical company renowned for its innovation, announced a significant agreement for the US market. Zydus Lifesciences Global FZE, a wholly-owned subsidiary, has entered an exclusive licensing and supply agreement with MSN Laboratories for Cabozantinib Tablets, the generic version of the established drug CABOMETYX®. Strategic Partnership for US Market Entry …
JK Paper Ltd., a leading Indian paper and packaging board company, announced a strategic move to solidify its position in the growing packaging sector. The company’s Board of Directors, on May 17, 2024, approved the acquisition of the remaining 15% equity stake in its subsidiaries, Horizon Packs Private Ltd (HPPL) and Securipax Packaging Private Ltd …
In a move to bolster its liquefied natural gas (LNG) transportation capabilities, GAIL (India) Limited has signed a significant 14-year time charter agreement with Cool Company Ltd. This strategic partnership with the pure-play LNG shipping company secures a newbuild LNG carrier for GAIL’s fleet, with the charter commencing in early 2025. The agreement offers GAIL …
ITI Limited, a leading Indian telecom manufacturer and public sector undertaking (PSU), announced it had received significant contracts to install solar street light systems in Bihar. This news, shared through a recent exchange filing, underscores ITI’s commitment to clean energy solutions and growing expertise in the solar power sector. Bihar Renewable Energy Development Authority Awards …
The department of telecom has received applications for the spectrum auction from the three telecom operators- Reliance Jio, Bharti Airtel and Vodafone Idea. These three will battle it out to get a piece of 5G spectrum worth around Rs.96,300 crores to be offered in the upcoming auction that will start on June 6. Details regarding …
On Friday, the benchmark indices are trading in the green with the Sensex up around 250 points or 0.34% at 73,912, while the Nifty-50 is up around 56 points or 0.25% at 22,459. About 2,281 shares have advanced; 1,204 declined and 167 are unchanged on the BSE. Top gainers and losers: The top Sensex gainers …
Despite starting the trading session lower, domestic indices later gained positive momentum, buoyed by strong performances in the auto, telecommunications, metals, and consumer durables sectors. The broader indices also mirrored this strength, rising in line with the main indices. At 10:50 am, the BSE Sensex gained 0.32% reaching a level of 73,903. The Nifty 50 …
Block Deal Details In a notable financial development, PB Fintech, the parent company of PolicyBazaar and PaisaBazaar, experienced a significant block deal on May 17, 2024. A total of 83.7 lakh shares changed hands in the pre-opening trade, drawing considerable attention from market participants. The block deal involved the company’s promoters offloading 1.86 per cent …
Nifty 50 Index Climbs Above Key Level On Thursday, the NSE benchmark Nifty 50 index successfully closed above the 22,400 mark, accompanied by a slight dip in the volatility index. The sustainability of this upward momentum could pave the way for further gains towards the 22,600 level and beyond. The participation of major players in …
