On August 08, 2024, the benchmark indices Nifty 50 was down 0.74% to close at 24,117, and Sensex was down 0.73% to close at 78,886. Top Gainers and Losers On the sectoral front, Nifty Mid Small Healthcare, Nifty Pharma, Nifty Media, and Nifty Financial Services gained, while Nifty IT, Nifty Metal, Nifty Oil and Gas, …
On August 07, 2024, the benchmark indices Nifty 50 was up 1.27% to close at 24,297.50, and Sensex was up 1.11% to close at 79,468.01. Top Gainers and Losers On the sectoral front, all the sectors ended in green. However, Nifty Oil and Gas, Nifty Metal, Nifty Media, Nifty Pharma, and Nifty Healthcare Index gained …
Mahindra & Mahindra (M&M), according to the recent resorts, has been issued a show cause notice by the Goods and Services Tax (GST) department. The notice, which covers the period from 2017 to 2023, questions why M&M should not pay GST for allowing its group companies to use the ‘Mahindra’ brand name and logo. Tax …
ITD Cementation established its operations in India in 1931 as a branch of The Cementation Company Ltd., UK, a member of Trafalgar House Group of London, to carry out extensive grouting and drilling works on the hydraulic structures, which were then growing rapidly. Since then, the company has been diligently working towards building a stronger …
Electric vehicle financing digital platform RevFin has entered into a strategic partnership with Bajaj Auto to facilitate the financing of high-speed electric three-wheelers. This collaboration seeks to accelerate Bajaj Auto’s entry into the electric three-wheeler market by leveraging RevFin’s expertise in financial services and Bajaj Auto’s strong market presence. The partnership is expected to drive …
Adani Airport Holdings Ltd., a key player in the Indian aviation sector, is making significant strides towards global expansion. Recently, the company announced the incorporation of a wholly-owned subsidiary, Global Airports Operator LLC, in Abu Dhabi. This move is aimed at acquiring and investing in airports outside India, underscoring the company’s ambition to become a …
Balaji Amines Ltd. (BAL) was established on October 27, 1988. BAL has positioned itself as a reliable supplier of high-quality amines such as ethyl and methyl, serving various industries including pharmaceuticals, agrochemicals, and personal care products. With advanced manufacturing facilities and a strong emphasis on research and development, BAL is dedicated to providing innovative solutions …
Block Deal of Rs 236 crore On August 8, a significant transaction involving Protean eGov Technologies Ltd took place. In a block deal window, 12 lakh shares, representing 3.2% equity of the company and valued at Rs 236 crore, changed hands. While the official buyers and sellers of this transaction remain undisclosed, reports suggest that …
Nazara Technologies Ltd saw a notable gain in its share price on Thursday, August 8, following the company’s announcement of receiving a letter of intent (LOI) for the acquisition of Smaaash Entertainment, which is currently undergoing an insolvency process. Approval from Committee of Creditors In a significant development, Nazara Technologies disclosed in a stock exchange …
The ongoing unrest in Bangladesh is poised to impact Indian power companies operating in the neighboring country. Notable listed companies with exposure to the Bangladeshi market include Adani Power, NTPC, and Power Grid, among others. Bangladesh, with a total power capacity of 25 GW, faced a peak demand of 15 GW in the fiscal year …
