The Sensex concluded the trading session with a gain of 0.79%, surpassing the 63,900 level, while the Nifty recorded a higher closure of 0.82%, going beyond the 18,900 level. Both Nifty Midcap and Nifty Smallcap indices registered gains of 0.63% and 0.35% respectively. Notably, Nifty Pharma, Nifty Metal, and Nifty Energy emerged as the top …
Tata Consultancy Services (TCS) has won the 2023 Microsoft Partner of the Year Award in the category MVP Industry Solutions Global Systems Integrator (GSI). TCS also won the 2023 Microsoft US Partner of the Year Award in the categories Global Systems Integrator, Industrials and Manufacturing, and Dynamics 365 Sales and Marketing, as well as the …
On Wednesday, the shares of Indian Hotels Company closed at Rs 396.30, up by 3.35% from its previous closing of Rs 383.45 on the BSE. Indian Hotels Company (IHCL) has signed Taj Ganga Kutir Resort & Spa, its newest addition to the luxurious Taj portfolio in Raichak, West Bengal. With the addition of this hotel, …
Today India’s benchmark Nifty50 achieved a significant milestone of 19,000 mark. This remarkable feat is an extension of a four-month rally starting from March, which can be attributed to factors such as robust domestic growth, subdued inflation, positive corporate earnings, and substantial foreign inflows. The Indian stock markets have consistently outperformed global markets. It has …
Thanks to robust gains in capital goods, power and auto sector stocks, Indian benchmark indices roared into the session and reached record highs. During the session, the Nifty 50 surpassed the 19,000 level while the BSE Sensex reached the critical 64,000 milestone. Investors were attracted by Schneider Electric Infrastructure’s strong uptrend as well as the …
In a historic turn of events, the Indian domestic markets achieved a momentous feat as the key benchmark indices, Nifty and Sensex, soared to record-breaking levels of 19,000 and 64,000, respectively, on an intraday basis. The rally was primarily spearheaded by industry giants Reliance Industries and HDFC Bank, which collectively contributed a staggering 44 points. …
Yesterday Larsen & Turbo Ltd in their regular filing said that L&T Construction wins new orders for its Power Transmission and Distribution Business in India and abroad. As per L&T’s projects are in the category of significant with the size of Rs 1000 – 2500 crore. In the Middle East, the business has won two …
United Breweries Limited (UBL) is poised to inaugurate its inaugural web-based merchandise emporium. In a synergistic partnership with the esteemed Bengaluru-based entity, The Fantam, an exquisite assemblage of exclusive ‘kingfisher brand’ merchandise shall be made available to ardent enthusiasts across the nation. Kingfisher, India’s most recognisable brand, is excited to announce the launch of its …
On Tuesday, the Competition Commission of India (CCI) approved the acquisition of TCNS Clothing Co Limited by Aditya Birla Fashion and Retail Limited. The proposed combination involves the acquisition of 51% of the expanded share capital of TCNS Clothing Co Limited by Aditya Birla Fashion and Retail Limited. On the BSE, the company’s shares were …
Sona BLW Precision Forgings is an automotive technology company headquartered in India. They specialize in the design, manufacturing, and supply of advanced automotive systems and components. Their product portfolio includes differential assemblies, gears, conventional and micro-hybrid motors, BSG systems, and EV traction motors, catering to various vehicle categories. In addition to hardware systems and components, …
