Amid a turbulent market plagued by recession fears and interest-rate warnings, one stock has managed to stand tall and capture investors’ attention. Aurobindo Pharma, an Indian pharmaceutical giant, has experienced a remarkable rally, defying market trends and leaving market participants in awe. On a Friday marked by red trading screens and widespread sell-offs across various …
Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank, under which the partners will offer customised financial solutions for dealers with the combined strength of IDBI Bank and Ashok Leyland (AL), the network of AL dealers will now have financing solutions to suit their needs using digital technology. IDBI Bank’s e-Supply Chain …
The benchmark index S&P BSE 500 opened today at 25,776.39 and made its day high at 25,846.24 and it is trading in the green, up by around 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
Hindustan Construction Company Ltd (HCC) experienced a significant surge of 16.35% in its shares on June 22, 2023, following a remarkable increase in trading volumes. The stock of HCC began the day at Rs 18.35, showing no change from the previous day’s closing price of Rs 18.35 on the National Stock Exchange (NSE). Throughout the …
RAKBANK, a prominent financial institution in the UAE market, has chosen Newgen Software Technologies for its Trade and Supply Chain Finance (SCF) solution for digitising and streamlining the bank’s end-to-end business finance processes. The bank can effortlessly automate the origination and processing of transactions by utilising Newgen’s Trade Finance and SCF solution, built on a …
The domestic stock markets halted their two-day winning streak due to negative global signals and the weekly expiry of F&O contracts. The indices experienced a decline as profit booking was observed across the board, compounded by the hawkish remarks from the US Federal Reserve. The Sensex and Nifty indexes both dipped and closed with a …
The Indian headline indices ended the highly volatile session significantly lower, dragged down by losses in the power, utilities, and information technology sectors. All sectoral indices were trading down, with BSE Bankex and BSE Capital Goods being the least affected. Larsen & Toubro Ltd (L&T), the top Sensex gainer, attracted investors with gains of about …
The NSE benchmark Nifty50 index experienced a slight setback after a two-day winning streak, with the index settling down by nearly 0.50% below the 18,800 mark. Despite the support provided by the HDFC Twins, other heavyweights like Reliance Industries and Infosys dragged the index lower, resulting in a dip. Among the sectoral indices, only Nifty …
Tamilnadu Petroproducts has agreed to invest upto Rs 13.88 crore, which constitutes 2.73% of the paid-up equity capital of Dalavaipuram Renewables (DRPL) to meet the requirement of Captive power generation under the Electricity Act, 2003. Earlier, the company had entered into an arrangement with Dalavaipuram Renewables to procure up to 59.93 million kWh power per …
Hindustan Petroleum Corporation (HPCL) and Petromin Express India have entered into a partnership to set up around 1,000 vehicle service centres at HPCL retail outlets in India. Petromin Express-HPCL Co-branded outlets will provide a world-class vehicle ownership experience to customers at affordable price points. Petromin Corporation – KSA, a mobility solutions leader will work with …
