BUSINESS

MEP Infrastructure Developers’ Subsidiary — MEP SANJOSE Talaja Mahuva Road — has achieved the Milestone-1 for the project of Four Laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat ... Read More »

Karma Energy has decided to acquire the 6 Nos. of Wind mills together related land, other accessories and components from Weizmann Forex. The Board of Directors of the company at its meeting held on October 6, 2018, decided the same. The existing capacity is 34.95 MW installed in the states ... Read More »

Jammu & Kashmir Bank’s overall business (Gross Advances + Deposits) as on September 30, 2018 has crossed a benchmark of Rs 1,50,000 crore including Rs 1,00,000 crore in the state of Jammu and Kashmir. The Jammu & Kashmir Bank is engaged in the banking business. The company offers a range ... Read More »

INOX Leisure has commenced the commercial operations of two additional screens (with seating capacity of 94 seats) in the existing Multiplex Cinema Theatre, taken on leave and license basis, and located at Dhobitalao Junction, MG Road, Mumbai in the state of Maharashtra with effect from October 06, 2018. INOX is ... Read More »

Kuantum Papers has received an approval for raising of funds by way of issue of Secured Optionally Convertible Debentures through QIP up to an amount of Rs 100 crore. The Board of the company at its meeting held on October 06, 2018, approved the same. Kuantum Papers is engaged in ... Read More »

InterGlobe Aviation (IndiGo) is planning to start flight operations to Male, Maldives and Phuket, Thailand from November. As part of its international expansion, the company will operate daily non-stop flights between Male-Kochi and five weekly service from Mumbai and twice weekly from Bengaluru. Besides, the company will also operate six ... Read More »

CARE Ratings has reaffirmed stable outlook credit rating for Jindal Power, a subsidiary of Jindal Steel and Power (JSPL). The rating agency has reaffirmed stable outlook credit rating of ‘A-‘ to Jindal Power which operates the 3400 MW OP Jindal Super Thermal Power Plant at Tamnar, in the state of Chhattisgarh. ... Read More »

PNB Housing Finance is currently trading at Rs. 857.30, up by 4.40 points or 0.52% from its previous closing of Rs. 852.90 on the BSE. The scrip opened at Rs. 853.00 and has touched a high and low of Rs. 868.85 and Rs. 853.00 respectively. So far 2103 shares were ... Read More »

Sagar Cements is currently trading at Rs. 656.00, up by 5.65 points or 0.87% from its previous closing of Rs. 650.35 on the BSE. The scrip opened at Rs. 664.00 and has touched a high and low of Rs. 664.00 and Rs. 656.00 respectively. So far 6 shares were traded ... Read More »

INOX Leisure is planning to add 50 to 60 screens every year and scout for inorganic growth opportunity in the segment as part of its growth journey. Besides, the company is also looking to complete a pipeline of around 800 screens in next couple of years, which it has signed ... Read More »

GMR Infrastructure (GIL) has received the consent award from the arbitral tribunal based on the settlement agreement signed by it with private equity investor’s namely SBI Macquarie, Standard Chartered Private Equity, JM Financial Old Lane and others (Investors), which had invested an amount of Rs 14.78 billion in the form ... Read More »

GMR Infrastructure is currently trading at Rs. 16.25, up by 0.25 points or 1.56% from its previous closing of Rs. 16.00 on the BSE. The scrip opened at Rs. 16.00 and has touched a high and low of Rs. 16.30 and Rs. 16.00 respectively. The BSE group ‘A’ stock of ... Read More »

The Indian markets continued their weak trade for second straight session to end near intra-day low level on Friday after the Reserve Bank of India (RBI) kept its repo rate unchanged at 6.5%, surprising street who had expected a 25-bps rate hike to defend the falling rupee. Today, the markets ... Read More »

MEP Infrastructure Developers’ subsidiary — MEP SANJOSE Talaja Mahuva Road has achieved the milestone one for the project of four laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat ... Read More »

IndiGo airline’s systems were down on Sunday at all the airports due to a technical error. Various passengers of the airline remained stranded at Delhi’s Indira Gandhi International Airport due to the issue, ANI reported. The airline tweeted out an advisory about the same. View image on Twitter In a ... Read More »

The Election Commission will today announce the dates of the assembly elections in four states, Madhya Pradesh, Rajasthan, Chhattisgarh, Mizoram. The election date in Telangana is also likely to be announced today, according to sources. The Model Code of Conduct will come into force as soon as the announcement is made ... Read More »

Extending losses for second straight session, the US markets ended lower on Friday on worries about runaway inflation spurred by the sudden jump in US Treasury bond yields. Dow Jones Industrial witnessed its biggest one-day percentage drop since August, while both the S&P and the Nasdaq logged the biggest daily ... Read More »

According to the data released by the NSE, the Foreign Institutional Investors (FIIs) were net sellers of Rs 167.18 crore in index futures and options segments, as per Friday’s data, October 05. FIIs were net sellers of index futures to the tune of Rs 1610.08 crore and net buyers of ... Read More »

Futures & Options (F&O) total turnover stood at Rs 7,69,990.23 crore on October 05 and the total number of contracts traded on the day were 89,69,939. Of the total turnover, Index Futures contributed Rs 38,989.95 crore, Stock Futures Rs 64,077.79 crore and Index Options Rs 6,23,690.45 crore, while the contribution of ... Read More »

Maruti Suzuki has launched new WagonR Limited Edition. To add freshness and cater to the changing taste of ever evolving WagonR buyers, the company has embellished the spacious WagonR Limited Edition with delightful new features and stylish interiors. WagonR Limited Edition comes packed with a wide array of enhanced features ... Read More »