The Central government announced a reduction in the windfall tax on crude oil and diesel. The tax on domestically produced crude oil, in the form of Special Additional Excise Duty (SAED), was lowered from Rs 9,800 per tonne to Rs 6,300 per tonne. Additionally, the SAED on diesel exports was decreased from Rs 2 per …
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, recorded its highest-ever festive sales this year. As per the details mentioned in the press release the company clocked more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period between the first day of Navratri and Bhai Dooj this year. …
The Sensex and Nifty are both on an upward trajectory, marking surges of 0.70% and 0.69%, respectively. In parallel, the Nifty Mid-cap and Nifty Small-cap segments exhibited higher momentum, up by 0.60% and up 0.92%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include TCS, Tech Mahindra, and Infosys. On the flip …
On November 16, 2023, Gensol Engineering Limited revealed its success as the lowest bidder for the Engineering, Procurement, and Commissioning (EPC) contract for the innovative green hydrogen-based mobility station in Kargil, Ladakh, commissioned by the National Hydroelectric Power Corporation Ltd. (NHPC). This groundbreaking project aims to operate hydrogen fuel cell-powered buses in the region, aligning …
RateGain Travel Technologies Limited, positioned as a global distribution technology firm and the leading Software as a Service (SaaS) provider within India’s travel and hospitality sector, announced its QIP yesterday evening post-market closing. According to the information provided, the company’s board of directors approved and adopted the preliminary placement document dated November 15, 2023, along …
Indian headline indices opened the session with a lackluster performance, despite upbeat investor sentiment prevailing across various sectors. Indices experienced notable upward momentum driven by substantial gains in the oil & gas, energy, utilities, information technology, and healthcare sectors. With 1,993 shares rising on the BSE and 1,053 shares declining, the advance-decline ratio strongly remained …
The benchmark index S&P BSE 500 opened today at 27,732.28 and made its day high at 27,853.58 and it is trading in green today, up by 0.50% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. …
On Thursday, the benchmark indices were trading higher with the Sensex up around 415 points or 0.63% at 66,090 and the Nifty-50 up around 113 points or 0.57% at 19,787. About 2,191 shares have advanced, 1,336 declined, and 166 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Established in 1863, the CSE was once a powerhouse in the Indian capital market but faced a setback in 2013 due to regulatory and compliance issues. Now, after years of strategic efforts and positive feedback from the Securities and Exchange Board of India (SEBI), the CSE is gearing up to resume operations in March-April 2024, …
Gateway Distriparks Ltd, which is in the business of logistics hits an all-time high today at Rs 102.05. In the last trading session, the stock closed at Rs 90.81. Today, it opened at Rs 92.63 and closed at Rs 96.95, up by a 6.76% increase. The stock hit a time high at Rs 120.05 while …
