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Dilip Buildcon Secures Favourable Arbitration Award in NHAI Dispute

29 April 2024

Dilip Buildcon Limited (DBL) recently emerged victorious in an arbitration case against the National Highways Authority of India (NHAI). The company announced this development in a filing dated April 29, 2024. Background The dispute centred around a highway construction project awarded to DBL through an Engineering, Procurement, and Construction (EPC) agreement dated February 16, 2018. …

Himadri Speciality Chemical Ltd to Increase Specialty Carbon Black Capacity in West Bengal

29 April 2024

Himadri Speciality Chemical Ltd plans to expand its speciality carbon black capacity in a brownfield expansion project in West Bengal, with an estimated investment of ₹220 crore. According to the company’s official, the expansion is expected to meet the rising demand from Europe. The expansion, located at Singur in the Hooghly district and scheduled to …

Glenmark Pharmaceuticals Receives FDA Approval for Acetaminophen and Ibuprofen Tablets

29 April 2024

On April 29, 2024, Glenmark Pharmaceuticals informed the stock exchanges that the company had received final approval from the United States Food & Drug Administration (US FDA) for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg (OTC). The company stated that the Food & Drug Administration determined these tablets to be bioequivalent to Advil®2 Dual Action …

2024 में निवेश के लिए सर्वश्रेष्ठ बीएसई हेल्थकेयर स्टॉक

29 April 2024

वर्ष 2024 में निवेश के लिए बीएसई हेल्थकेयर स्टॉक्स एक महत्वपूर्ण विकल्प हैं। भारतीय स्टॉक मार्केट में स्वास्थ्य सेक्टर की गति में तेजी और विकास के आगे चलने के साथ-साथ, बीएसई स्टॉक्स में निवेश करने के लिए रुचि बढ़ रही है। अस्पताल स्टॉक्स का उच्च निवेश रिटर्न और लम्बे समय में वृद्धि की संभावना इन …

Can Yes Bank Make a Comeback- Stock Up By 12% In a Month

29 April 2024

Yes Bank Ltd. is an Indian Private Sector Bank founded in 2005, It has a network of 1198 branches,193 BCBOs and 1287 ATMs. The Bank recently reported strong Q4 FY 2023-23 results with a solid jump of 123% in Net Profits on YoY Basis. The stock jumped 5% today after reporting its earnings and it …

TVS Motor Company’s Electric Scooter Makes Debut at Makina Motoshow in Manila

29 April 2024

On April 27, 2024, TVS Motor Company displayed its electric scooter, TVS iQube, for the first time at the Makina Motoshow in Manila, Philippines. TVS iQube has innovative EV technology, strong build quality and high comfort of a premium scooter with zero tailpipe emission. The scooter is already the choice of about 3,00,000 customers in …

Ircon-DRA JV Secures Contract for Railway Line Doubling Project of ₹1,198.09 Crore

29 April 2024

Ircon International Limited (IRCON), a leading construction company under the Ministry of Railways, has secured a significant contract in collaboration with Dineshchandra R Agrawal Infracon Pvt Ltd (DRA). This joint venture, known as Ircon-DRA JV, has been awarded the Letter of Award (LOA) for the construction of a critical railway line segment. Project Details The …

BSE Shares Plunge Over 18% After SEBI Requests Higher Regulatory Fees

29 April 2024

SEBI Asks for Higher Regulatory Fees Based on Notional Value of Options Contracts The crux of the issue lies in the calculation of the regulatory fees that BSE needs to pay to SEBI. Previously, BSE calculated the fees based on the premium value of options contracts. However, SEBI has now mandated that the fees be …

Adani Expands to Data Centres: Raises Money From Global Lenders

29 April 2024

Adani Enterprises Ltd. which is the flagship arm of the Adani Group led by  Billionaire Gautam Adani is aiming to expand their data centre business, The Adani Enterprises Ltd. and EdgeConnex are looking to invest around $5Billion for the next 5 years, to develop 1GW of data centre capacity before 2030. It is in talks …

Market Movers: Here are today’s high-volume buzzers!

29 April 2024

At 10:30 am, the BSE Sensex surged 65%, reaching a level of 74,209. The Nifty 50 index is up 0.44% to the 22,520 level. On the Sensex, IndusInd Bank, ICICI Bank and Kotak Mahindra Bank were among the top gainers, whereas Wipro Ltd, ITC Ltd and HCL Technologies were among the market draggers. Some of …

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