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Tag: Business

This Stock Hit 10% Upper Circuit Day After India-Europe Trade Corridor Deal

Posted on September 11, 2023 By admin
This Stock Hit 10% Upper Circuit Day After India-Europe Trade Corridor Deal

The upper circuit is the highest possible price that the stock of a firm can trade at. New Delhi: It is party time for investors who have put in their bets on shares of companies involved in railways and its allied activities. An ambitious rail-port economic corridor deal to connect India-Middle East-Europe, seen as an…

Read More “This Stock Hit 10% Upper Circuit Day After India-Europe Trade Corridor Deal” »

Business

Sensex Rises 293 Points In Early Trade As Markets Extend Rally For 7th Day

Posted on September 11, 2023 By admin
Sensex Rises 293 Points In Early Trade As Markets Extend Rally For 7th Day

The 30-share BSE Sensex climbed 293.7 points to 66,892.61 in early trade. Mumbai: Equity benchmark indices extended their rally for the seventh day running on Monday as investors continued to remain optimistic about the domestic markets. Buying in index majors Reliance Industries and Tata Consultancy Services also added to the winning momentum in equities. The…

Read More “Sensex Rises 293 Points In Early Trade As Markets Extend Rally For 7th Day” »

Business

Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

Posted on September 8, 2023 By admin
Adani Group Forms Joint Venture With Japanese Trading House Kowa Group

New Delhi: Billionaire Gautam Adani’s group on Friday said it has formed an equal joint venture with Japanese trading house Kowa Group for marketing of green ammonia and green hydrogen produced by the Indian conglomerate. “Adani Global Pte Ltd, Singapore, a step-down wholly-owned subsidiary of (Adani Enterprises Ltd) has signed a joint venture agreement with…

Read More “Adani Group Forms Joint Venture With Japanese Trading House Kowa Group” »

Business

3rd Phase Of Mandatory Gold Hallmarking Begins In 55 New Districts Across 17 States

Posted on September 8, 2023 By admin
3rd Phase Of Mandatory Gold Hallmarking Begins In 55 New Districts Across 17 States

The government said the 3rd phase of mandatory hallmarking of gold has come into force New Delhi: The government on Friday said the third phase of mandatory hallmarking of gold jewellery and artefacts has come into force in 55 new districts in 16 states and one Union territory. Gold hallmarking is a purity certification of…

Read More “3rd Phase Of Mandatory Gold Hallmarking Begins In 55 New Districts Across 17 States” »

Business

Rupee Falls 9 Paise To Settle At Lifetime Low Of 83.22 Against US Dollar

Posted on September 7, 2023 By admin
Rupee Falls 9 Paise To Settle At Lifetime Low Of 83.22 Against US Dollar

Rupee depreciated for the 4th straight day by 9 paise, reaching a lifetime low of 83.22 to the dollar New Delhi: The Rupee depreciated for the fourth straight day and settled 9 paise lower at its lifetime low of 83.22 (provisional) against the US dollar on Thursday amid a firm American currency and elevated crude…

Read More “Rupee Falls 9 Paise To Settle At Lifetime Low Of 83.22 Against US Dollar” »

Business

Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India

Posted on September 6, 2023 By admin
Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India

Oil prices hit a 10-month high of nearly USD 90 per barrel New Delhi: Oil prices hit a 10-month high of nearly USD 90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year. For a nation that is more than 85 per cent dependent…

Read More “Oil Nears $90 For First Time In 2023, Fuel Price Unlikely To Change In India” »

Business

SpiceJet Shares Rally 20%, Hit Upper Circuit Limit

Posted on September 6, 2023 By admin
SpiceJet Shares Rally 20%, Hit Upper Circuit Limit

SpiceJet stock rallied amid reports that nearly 3 per cent equity changed hands at the BSE. New Delhi: Shares of SpiceJet were in heavy demand today and jumped 20 per cent to hit the upper circuit limit. The stock rallied amid reports that nearly 3 per cent equity changed hands at the BSE. On Monday,…

Read More “SpiceJet Shares Rally 20%, Hit Upper Circuit Limit” »

Business

Market Capitalisation Of BSE-Listed Firms Reach Lifetime High Of Rs 317 Lakh Crore

Posted on September 6, 2023 By admin
Market Capitalisation Of BSE-Listed Firms Reach Lifetime High Of Rs 317 Lakh Crore

The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore New Delhi: The market capitalisation of BSE-listed firms reached a new lifetime peak of Rs 317.33 lakh crore on Wednesday as the benchmark Sensex maintained its winning run for the fourth day running. Fag-end buying helped the BSE Sensex…

Read More “Market Capitalisation Of BSE-Listed Firms Reach Lifetime High Of Rs 317 Lakh Crore” »

Business

Rupee Falls 10 Paise To Close At All-Time Low Of 83.14 Against US Dollar

Posted on September 6, 2023 By admin
Rupee Falls 10 Paise To Close At All-Time Low Of 83.14 Against US Dollar

Rupee settled at 83.14 (provisional) against the US dollar, down 10 paise from its previous close. New Delhi: The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the US dollar today, weighed down by a surge in crude oil prices and strong American currency. Forex…

Read More “Rupee Falls 10 Paise To Close At All-Time Low Of 83.14 Against US Dollar” »

Business

Tata Seeks Control Of Haldiram’s, Snack Maker Wants $10 Billion Valuation: Report

Posted on September 6, 2023 By admin
Tata Seeks Control Of Haldiram’s, Snack Maker Wants $10 Billion Valuation: Report

Tata Group’s consumer unit is in talks to buy at least 51% of popular snack food maker Haldiram’s New Delhi: Tata Group’s consumer unit is in talks to buy at least 51% of popular snack food maker Haldiram’s but is not comfortable with the $10 billion valuation sought, two people briefed on the matter said….

Read More “Tata Seeks Control Of Haldiram’s, Snack Maker Wants $10 Billion Valuation: Report” »

Business

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