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 …
Tata Power is planning to invest about Rs 12,000 crore this financial year, which is double the Capex spent in FY23. Given the company’s successful track record in turning around Discoms, it will look to participate in privatisation opportunities as and when the policy reforms are undertaken. Tata Power is well transitioning to become a …
In the world of fashion, footwear plays a significant role in completing the outfit and making a style statement. From formal events to casual outings, the right pair of shoes can elevate any outfit. India, known for its diverse culture and rich heritage, is not only a land of colours and traditions but also a …
The COVID-19 Pandemic impacted the world’s economy across various industries and every industry plays an important role in the contribution of GDP of the country. During the pandemic, many nations implemented lockdown measures to control the spread of the virus. The lockdown involved restrictions on movement which leads to supply chain disruption, closure of business, …
The Sensex concluded the day with a 0.25% increase, while the Nifty also ended positively, gaining 0.33%. Among the top gainers were Nifty Metal, Nifty Auto, and Nifty IT, whereas Nifty Media and Nifty Pharma faced losses towards the end of the day. HDFC Life, Tata Motors, and HCL Tech were among the notable gainers, …
Although the domestic market reached new record levels, it was unable to maintain its upward momentum due to ongoing concerns regarding global issues and a delayed monsoon. Additionally, the market experienced increased volatility caused by consecutive days of net selling by Foreign Institutional Investors (FIIs). The Sensex recorded a 0.31% increase at the closing, while …
Pidilite Industries has launched its state-of-the-art manufacturing facilities under its two joint ventures, Pidilite Litokol (PLPL) and Tenax Pidilite (TPPL), in Amod, Gujarat. Litokol SPA Italy and Tenax SPA Italy have transferred technology to Pidilite as part of the Joint Venture. This event signifies a milestone development in technology transfer in India’s stone and ceramic …
In the midweek trading session, Nifty opened on a positive note but lost strength in its initial hours. That’s when the bulls came into action and covered all losses. Currently, it is trading around the day’s high. Interestingly, stocks from the minerals and mining industry witnessed strong buying interest. One stock from the same industry, …
