State Bank of India (SBI), the country’s largest commercial bank, has made a significant move in enhancing its digital infrastructure. In a recent development, SBI has selected Aurionpro’s iCashpro+ platform, marking a transformative step towards modernizing its cash management and transaction banking operations. This partnership underscores SBI’s commitment to staying ahead in the rapidly evolving …
As India gears up for elections, a familiar question that arises is what will happen to the important Oil Marketing Companies (OMCs)? It is well-known that these companies play the utmost role in the nation’s transportation sector. During elections, OMCs are one of the most discussed topics. Since October 2023, the share price of these …
On March 12, 2024, tyre stocks such as Apollo Tyres Ltd, MRF Ltd, and JK Tyres Ltd will be in focus as the Government of India extended countervailing duty (CVD) on new, unused pneumatic radial tyres originating in China. This applies to tyres with a rim diameter exceeding 16 inches used on buses and trucks. …
The Indian telecom landscape is gearing up for another round of 5G spectrum auctions scheduled on May 20, 2024, and industry experts anticipate Bharti Airtel will be the biggest spender with purchases worth $0.5-1.5 billion, with limited participation by Vodafone Idea, which has spectrum renewals in just two circles, and Reliance Jio, which may look …
On Tuesday, the benchmark indices were trading in the green with the Sensex down around 400 points or 0.50% at 73,873, while the Nifty-50 was up around 73 points or 0.37% at 22,417. About 887 shares have advanced; 2,275 declined; and 86 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On Monday, March 11, 2024, CK Birla Group firm HIL Ltd informed that it had acquired a well-known pipes and fittings brand, Topline. Details of the Acquisition HIL Ltd, which is involved in manufacturing and selling fibre cement roofing, has signed an agreement with Crestia Polytech to acquire Topline at an enterprise value of ₹265 …
Under the administrative direction of the Ministry of Coal (MoC), coal PSUs have led the way in investing capital expenditures (CAPEX) to support and contribute to the transformation of the Indian economy. Coal CPSE has been exceeding the CAPEX target for the last few years. Coal PSUs had met their goal in FY 2021–22 with …
On Monday, the market started strong but couldn’t maintain its record high, ending the day on a low note. The Sensex, a key stock market index, closed down by 0.83% at 73,502.64, while the Nifty, another important index, also fell by 0.72% to 22,332.65 Some stocks like Apollo Hospitals, Nestle India, and SBI Life saw …
The world is witnessing a significant shift towards renewable energy sources. This transition is being driven by a number of factors, including climate change concerns, the rising cost of fossil fuels, and technological advancements that are making renewable energy more affordable and efficient. As a result, the renewable energy sector is experiencing rapid growth. This …
On Monday, March 11, 2024, Maharashtra Chief Minister Eknath Shinde inaugurated the first phase of the coastal road between Worli and Marine Drive in south Mumbai. The coastal road, which is a 10.5-kilometre-long stretch, will be opened for traffic from Tuesday. Motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson’s …
