On Monday, the market started strong but couldn’t maintain its record high, ending the day on a low note. The Sensex, a key stock market index, closed down by 0.83% at 73,502.64, while the Nifty, another important index, also fell by 0.72% to 22,332.65 Some stocks like Apollo Hospitals, Nestle India, and SBI Life saw …
The world is witnessing a significant shift towards renewable energy sources. This transition is being driven by a number of factors, including climate change concerns, the rising cost of fossil fuels, and technological advancements that are making renewable energy more affordable and efficient. As a result, the renewable energy sector is experiencing rapid growth. This …
On Monday, March 11, 2024, Maharashtra Chief Minister Eknath Shinde inaugurated the first phase of the coastal road between Worli and Marine Drive in south Mumbai. The coastal road, which is a 10.5-kilometre-long stretch, will be opened for traffic from Tuesday. Motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson’s …
RMC Gears Up for AMISP Surge RMC Switchgears Ltd., a Jaipur-based company, has announced a significant expansion of its manufacturing capacity for Smart Metering Enclosures (SMCs). This move is strategically timed to address the anticipated rise in demand for these enclosures driven by AMISP projects across the country. The company estimates this expansion will increase …
Addressing Rising Costs and Environmental Concerns Rudra Global Infrastructure Ltd, a leading manufacturer of steel bars and billets, faces a significant challenge in managing energy costs, which constitute a substantial portion of its manufacturing expenses. With the aftermath of the COVID-19 pandemic amplifying these concerns, the company’s board is proactively seeking alternative approaches to mitigate …
A Landmark Achievement Zydus’ stock price achievement signifies a remarkable journey for the company. It took nearly more than six and half years for the shares to breach the Rs 1,000 mark, highlighting the steady growth and investor confidence the company has garnered over time. The table below provides a glimpse into Zydus’ historical stock …
SPARC is a leading bio-pharmaceutical firm dedicated to the research and development of pharmaceuticals. Since its inception on March 1, 2006, headquartered in Mumbai, India, SPARC has been at the forefront of innovation in the pharma sector, focusing on delivering advanced pharmaceutical solutions. Technical Analysis Breakdown An in-depth examination of SPARC Share on a weekly …
As per the US health regulator, the US Food and Drug Administration, Indian multinational pharmaceutical company Sun Pharmaceutical Industries Limited is recalling around 55,000 bottles of generic medication to treat gout from the American market due to manufacturing practices norms violations. Sun Pharma Recalls Gout Medication According to the recent enforcement report by the US …
Bangalore, India’s famed “Silicon Valley,” is facing a severe water crisis. Rapid urbanization coupled with inadequate infrastructure and unreliable rainfall patterns have pushed the city to the brink. Citizens are forced to rely on water tankers for daily needs, and businesses face disruptions due to water shortages. This crisis not only impacts the quality of …
The Cabinet Committee on Security (CSS) has approved ₹15,000 crore fifth-generation Advanced Medium Combat Aircraft (AMCA) fighter jet project for the Indian Air Force (IAF). This project is under the Aeronautical Development Agency (ADA) under the Defence Research and Development Organisation (DRDO). ADA will be collaborating with Hindustan Aeronautics Limited (HAL) to manufacture the prototypes …
