Union Minister Giriraj Singh has said that the government has prepared a road map for creating 4.5-6 crore jobs in the textile sector by 2030. He also asserted that efforts are being made to take the sector's market size to $350 billion from around $165 billion at present. He noted that the seven PM-MITRA integrated … Read more
Avantel is currently trading at Rs. 183.15, up by 11.55 points or 6.73% from its previous closing of Rs. 171.60 on the BSE. The scrip opened at Rs. 176.10 and has touched a high and low of Rs. 193.00 and Rs. 176.10 respectively. So far 837645 shares were traded on the counter. The BSE group … Read more
Indian equity indices closed in the deep red on Monday, following profit booking at a higher level. At closing, Sensex fell 1,272 points, or 1.49 per cent, to 84,299 and Nifty fell 368 points, or 1.41 per cent, to 25,810. The decline was led by banking stocks. Nifty Bank closed at 52,978, down 856 points … Read more
Alembic Pharmaceuticals is currently trading at Rs. 1205.45, up by 12.80 points or 1.07% from its previous closing of Rs. 1192.65 on the BSE. The scrip opened at Rs. 1204.95 and has touched a high and low of Rs. 1248.95 and Rs. 1184.75 respectively. So far 28472 shares were traded on the counter. The BSE … Read more
Manba Finance has debuted at Rs 150.00 on the BSE, up by 30 points or 25% from its issue price of Rs 120.00. The scrip is currently trading at Rs 157.45, up by 37.45 points or 31.21% from its issue price. It has touched a high and low of Rs 157.45 and Rs 144.00 respectively. … Read more
The Indian pharma companies are estimated to expand their revenues by a healthy 9-11 per cent in the current fiscal (FY25), a report showed on Monday. This will be driven by 9-11 per cent revenue growth from the US market, 7-9 per cent each from the European and domestic markets, and 11-13 per cent from … Read more
Driven by high pent-up demand and premiumisation wave, e-commerce sales in India are estimated to reach Rs 1 lakh-Rs 1.2 lakh crore in gross merchandise value (GMV) this festive season, a report said on Monday. This will be 20 per cent year-on-year growth for the e-commerce sector, according to the report by Redseer Strategy Consultants. … Read more
Indian rupee weakened against the US dollar on Monday tracking weak domestic equities and rising crude oil prices, while investors are awaiting comments from Federal Reserve Chair Jerome Powell for interest rate cut clues and domestic manufacturing PMI (Purchasing Manager's Index) numbers to be released this week. Moreover, foreign funds outflows in the market also … Read more
Nearly eight in 10 (81 per cent) Indian software buyers plan to increase their investment in AI software over the next year, way ahead that their global peers at 65 per cent, a report showed on Monday. This underscores the growing influence of AI on purchasing decisions as AI disrupts the way software is bought … Read more
GreenLine Mobility Solutions Ltd, a key player in Essar's Green Mobility initiative, has announced its partnership with Sterlite Copper, a unit of Vedanta Ltd, to advance the deployment of its liquefied natural gas (LNG) powered vehicles and further decarbonise Sterlite Copper's transportation operations. The partnership was initiated with the flag-off of LNG trucks at Vedanta's … Read more