On Tuesday, the key frontline domestic benchmark indices ended the day on a mixed note. The NSE benchmark Nifty 50 closed in the green, up by 27 points, surpassing the 22,500 mark, while the BSE Sensex slipped below the important psychological mark of 74,000, ending down by 53 points. The broader indices also displayed mixed …
On May 21, 2024, the technology and engineering solutions provider AXISCADES Technologies Ltd released its results for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. Quarterly Performance During the quarter, the company’s revenue from operations rose 14% YoY to ₹256 crore, and EBITDA for the quarter amounted to ₹32 crore, increasing …
The domestic equity benchmarks experienced a sideways trend , with the Nifty index hovering just above the 22,500 level. PSU bank shares saw buying demand for the third consecutive trading session. The S&P BSE Sensex closed almost flat, declining by 52.63 points or -0.07% to 73,953.31, while the Nifty 50 index added 27.5 points or …
On May 20, 2024, Krishna Institute of Medical Sciences Limited (KIMS) announced to the exchanges that on May 19, 2024, it had signed an agreement to invest up to ₹71,27,50,000 by subscribing to 7,12,750 Optionally Convertible Redeemable Preference Shares (OCRPS) with a face value of ₹1000 each in KIMS Hospital Bengaluru Private Limited. KIMS Hospital …
On May 21, 2024, Biocon Ltd informed the stock exchanges that the United States Food and Drug Administration (US FDA) had approved its first-to-file application for Yesafili (aflibercept – jbvf), an interchangeable biosimilar aflibercept. YESAFILI, a vascular endothelial growth factor (VEGF) inhibitor used to treat various ophthalmologic conditions, is a biosimilar to its reference product, …
HFCL Limited (HFCL), a leading Indian technology company renowned for its high-end telecom equipment, optical fibre, and communication network solutions, is making significant strides in the defence sector. HFCL’s unwavering commitment to national security is evident in its strategic investments in research and development (R&D) over the past five years, which have led to the …
HDFC Bank Limited, a leading Indian private sector bank, announced its commitment to further supporting Sewa Grih Rin Limited (SGRL), a housing finance company dedicated to empowering women in the informal sector with property ownership. HDFC Bank has signed definitive agreements to invest an additional ₹ 17.33 crore in SGRL as part of a larger …
BLS International Services Limited, a leading provider of tech-enabled visa, consular, and citizen services, announced a strategic expansion move into South America. BLS International FZE, a wholly-owned subsidiary of the company, has initiated the process of acquiring significant share capital in two key companies: BLS International Peru SAC: Incorporated under Peruvian law, BLS International Peru …
On May 20, 2024, RITES Limited, a leading Indian engineering consultancy firm and the export arm of Indian Railways signed a significant contract with Bangladesh Railways. The agreement entails the supply of 200 Broad Gauge (BG) passenger carriages valued at approximately $111.26 million (₹915 crore). Notably, this project is funded by the European Investment Bank …
Domestic indices started today’s trading session on a notably lower note, weighed down by losses in the information technology, FMCG, auto, and real estate sectors. While broader indices initially mirrored this downward trend, they managed to recover somewhat later in the trading session. At 10:25 am, the BSE Sensex fell 0.23% reaching a level of …
