Ashok Leyland is currently trading at Rs. 216.25, up by 2.05 points or 0.96% from its previous closing of Rs. 214.20 on the BSE. The scrip opened at Rs. 214.90 and has touched a high and low of Rs. 218.30 and Rs. 214.40 respectively. So far 254916 shares were traded on the counter. The BSE … Read more
Rating agency ICRA highlighted that the domestic market, which accounts for around 64% of the Indian ceramic tiles industry’s revenues, continues to witness resilient real estate demand, auguring well for the sector. However, the export market has started showing signs of a slowdown. The demand slowdown from the USA is visible in the current fiscal, … Read more
Rites is currently trading at Rs. 293.40, up by 0.35 points or 0.12% from its previous closing of Rs. 293.05 on the BSE. The scrip opened at Rs. 293.05 and has touched a high and low of Rs. 295.80 and Rs. 290.85 respectively. So far 24768 shares were traded on the counter. The BSE group … Read more
Union minister Nitin Gadkari has said the government has decided to double the 'defect liability period' to 10 years for contractors of engineering, procurement and construction (EPC) projects. Currently, under EPC projects, the responsibility for maintenance of national highways lies with the government after the defect liability period (5 years) is over. Gadkari said ‘The … Read more
Amid the boom in the global capability centres (GCCs) in India, the country is projected to see 2,500 such centres over the next four years, with their office space footprint likely to surpass 300 million square feet, according to a new report. India, with more than 1,800 GCCs as of today which occupy 240 million … Read more
The government has been working tirelessly under the leadership of Prime Minister Narendra Modi to create an ecosystem that is conducive to growth of businesses and, in particular, startupsj Speaking at an event during the ‘ITU-WTSA 2024’ in the national capital, the minister said “we are at a pivotal point where emerging technologies are converging … Read more
Mankind Pharma on Wednesday said it has completed the acquisition of Bharat Serums and Vaccines Limited (BSV) for Rs 13,768 crore. The acquisition will position Mankind Pharma as a market leader in the Indian women's health and fertility drug market, alongside access to other high entry barrier products in critical care segment with established complex … Read more
Indian shares will likely open marginally higher on Thursday, after three sessions of losses on persistent foreign outflows and dull earnings, while consumer major Hindustan Unilever may drop on smaller-than-expected September quarter profit. The Gift Nifty was trading at 24,540.5 as of 08:01 a.m. IST, indicating that the benchmark Nifty 50 will open slightly above … Read more
Asian shares fell on Thursday, while the dollar held near three-month highs and U.S. yields rose as uncertainty over the U.S. election outcome kept markets on edge, though Tesla's forecast-topping earnings provided some comfort for investors. The combination of higher U.S. Treasury yields, U.S. election uncertainty and growing bets the Federal Reserve may be more … Read more
Oil prices climbed by more than 1% on Thursday, almost reversing previous session's losses, as Middle East tensions came back into focus ahead of the U.S. election despite a mixed bag of U.S. fuel inventories. Brent crude futures rose 95 cents, or 1.27% to $75.91 at 0302 GMT, while U.S. West Texas Intermediate crude futures … Read more