Novoloop, a plastic circular economy technology company, has achieved a significant milestone in its mission to revolutionise plastic recycling. They proudly announce the successful startup and transition to continuous operations at their pilot plant in Surat, India. This accomplishment, achieved in collaboration with Aether Industries Limited, a prominent publicly-listed speciality chemicals manufacturer, marks a critical …
Indian markets opened on a positive note today, with the Nifty 50 index reaching a high of 22727.25. However, profit booking ensued at higher levels, leading to a partial retracement from the day’s peak. Currently, the index is trading in the green, albeit with some erosion of its earlier gains. In terms of sectoral performance, …
One of the leading and fastest-growing metals manufacturing companies, Shyam Metalics and Energy Ltd, recently announced the establishment of a new Stainless Steel Hot-Rolled Coil (HRC) facility at its existing plant in Sambalpur, Odisha. This development is part of its expansion plan, which was approved by the Board of Directors on July 27, 2023. The …
After closing modestly lower in the previous trading session, Indian benchmark indices displayed renewed investor optimism today, edging towards recently achieved record highs. Metals, oil & gas, energy, and real estate sectors witnessed significant gains, while broader markets also showed notable resilience. At 10:10 am, the BSE Sensex gained 0.25% reaching a level of 74,866. …
On Wednesday, the benchmark indices were trading in the green with the Sensex up around 220 points or 0.30% at 74,903, while the Nifty-50 was up around 50 points or 0.22% at 22,693. About 1,690 shares have advanced; 1,318 declined and 93 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On April 9, 2024, the Nifty 50 dropped by 0.10% to 22,642 and the Sensex fell by 0.08% to 74,683. In the second half of the market, there was selling pressure and the Nifty faced resistance between 22,740 and 22,770 levels. Foreign Institutional Investors sold off about ₹593 crore, while Domestic Institutional Investors bought stocks …
Sardar Swaran Singh National Institute of Bio-Energy (SSS-NIBE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), and Organic Recycling Systems Limited (ORS), a pioneering engineering firm specialising in waste valorisation and management, have joined hands to propel biogas generation using Napier grass as a key feedstock. This collaboration signifies a significant …
Recent Development Maruti Suzuki India has inaugurated a new vehicle assembly line at its Manesar facility. This addition, integrated into the existing Plant-A among the three manufacturing plants at Manesar, has a production capacity of 100,000 units per annum. With this enhancement, the total manufacturing capability at Manesar now reaches 900,000 vehicles annually. Notably, the …
On Tuesday, the market failed to sustain its record high from the opening trade, ending the day in the red. The Sensex saw a slight decline of 0.08%, closing at 74,683.71 points, while the Nifty also dropped by 0.1%, closing at 22,642.75 points. Among the top gainers were Nifty Metal, Nifty Realty, Nifty Financial Services, …
Jaguar Land Rover (JLR), the iconic British automaker owned by Tata Motors, has concluded a successful fiscal year with impressive sales figures for both Q4 FY2024 and the entire year ending March 31, 2024. JLR reported a significant 20% year-over-year (YoY) growth in sales on the back of improved production capabilities and continued global demand …
