The Apex Court of India on Wednesday set aside a reward worth Rs.8000 crores for Delhi Airport Metro Express Private Limited (DAMEPL) about a legal battle with Delhi Metro Rail Corporation (DMRC) in a case dated back to 2008 by deciding in favour of DMRC, The Apex court has asked the DAMEPL to refund the …
On April 12, 2024, a global pioneer in the manufacturing of Cocoa Butter Equivalents, specialty fats & butter, and other exotic fats, Manorama Industries Limited, announced the commissioning process at its new state-of-art fractionation plant, boasting a 25,000-tonnes per annum (TPA) capacity. This will lead to the Company’s total fractionation capacity to 40,000 TPA. “It …
On April 12, 2024, Revolt Motors, India’s No.1 electric bike company and a flagship brand of RattanIndia Enterprises Limited, announced the inauguration of its first Company-Owned Company-Operated (COCO) store in Karol Bagh, Delhi. The company further stated that the COCO store, which is more than 1800 square feet in size, presents a visual feast for …
On Friday, the benchmark indices were trading in the red with the Sensex down around 356 points or 0.48% at 74,681, while the Nifty-50 was down around 89 points or 0.39% at 22,664. About 1,074 shares have advanced; 1,242 declined and 82 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On April 11, 2024, Larsen & Toubro (L&T), a leading engineering, procurement, and construction (EPC) projects operator in India, announced a significant strategic move. The company completed the divestment of the entire 51% stake in L&T Infrastructure Development Projects Limited (LTIDPL), a joint venture established with the Canada Pension Plan Investment Board (CPP Investments). This …
After initially trading with slight losses today, Indian benchmark indices later experienced a notable decline, attributed to losses in the FMCG, consumer durables, metals, and banking sectors. The broader indices were facing challenges in gathering momentum. At 10:00 am, the BSE Sensex declined 0.48% reaching a level of 74,683. The Nifty 50 index fell 0.43% …
TVS Supply Chain Solutions Limited (TVS SCS), a leading and rapidly expanding integrated supply chain solutions provider in India, has achieved a remarkable milestone. Recently, the company announced the completion of its 500,000th CKD (Complete Knock-Down) kit for its esteemed client, TVS Motor Company. This achievement signifies not only TVS SCS’s operational excellence but also …
On April 10, 2024, the Nifty 50 increased by 0.49% to close at 22,753, while the Sensex went up by 0.47%, closing at 75,038. On Wednesday, the Nifty exhibited mostly sideways movement. According to experts, the market is currently range-bound. Foreign Institutional Investors (FIIs) were active buyers, purchasing equities worth approximately ₹2,778 crore. Conversely, Domestic …
On Wednesday, Market extends opening gains to end the session at a record high. Sensex saw a moderate rise today increasing by 0.47% and closing at 75,038.15 points, while Nifty also climbed by 0.49% to reach 22,753.80 points. Among the top gainers were sectors like Nifty Media, Nifty PSU Bank, Nifty FMCG, and Nifty Metal, …
InterGlobe Aviation Ltd (IndiGo), India’s largest passenger airline, was in the spotlight today. IndiGo commenced operations in August 2006 with a single aircraft and has now become the third-largest airline company by market capitalization today. Share Performance Today, IndiGo share price garnered considerable investor interest during the trading session, rallying over 5%. Shares of IndiGo …
