SUN Financial News

₹1,260 crore from 65 anchor investors, a day ahead of its IPO subscription opening for bidding. As per the regulatory statement, Global marquee investors like Government of Singapore, Monetary Authority of Singapore, Morgan Stanley, Fullerton, HSBC Trustee, TA Global, The Master Trust Bank of Japan, Cohesion MK Best Ideas, Goldman Sachs, Theleme India Master Fund, BNP Paribas Arbitrage - ODI, and Principal Global invested in the diversified maritime ports company via anchor book.

The Energy Department announced Friday a $325 million investment in new battery types that can help turn solar and wind energy into 24-hour power

Rupert Murdoch stirs mixed feelings in Britain, where he transformed the media over half a century

Vikram lander and Pragyan rover to ascertain their wake-up condition, the Indian Space Research Organisation (ISRO) said on Friday evening. «As of now, no signals have been received from them. Efforts to establish contact will continue,» the space agency said. ISRO had earlier said after the lunar sunrise on September 22, efforts will be made to reestablish contact with Chandrayaan-3's lander and rover that were set into sleep mode on September 4 and 2 respectively. Chandrayaan-3's mission life was one lunar day or 14 earth days.

ISRO) said today that it has tried to establish contact with the Vikram lander and Pragyan rover but no signal has been received from them till now. «Efforts have been made to establish communication with the Vikram lander and Pragyan rover to ascertain their wake-up condition. As of now, no signals have been received from them,» the space agency said today. «Efforts to establish contact will continue,» it added. The Chandrayaan-3 lander, 'Vikram', touched down on August 23 at the uncharted lunar South Pole making India the first country to do so.

Chandrayaan-3's solar-powered lander Vikram and rover Pragyan on the moon. The space agency has informed that they will now try to revive Vikram Lander and Pragyan Rover on Saturday, 23 September.

Nifty settled lower for the fourth consecutive session on Friday, September 22, amid weak global cues as the US Treasury yields rose to their multi-year high levels and crude oil prices rose by about a per cent, weighing on investors' sentiment for riskier equities. Foreign fund outflows and heavy selling in HDFC shares also hit investor sentiments, according to traders.

JSW Energy(up 7.19%), Alstom T&D India(up 3.08%), Transformers and Rectifiers(India)(up 2.29%), Gujarat Industries Power(up 1.91%), SJVN(up 1.69%), PTC India(up 1.58%), KPI Green Energy(up 0.99%), CESC(up 0.61%), Hitachi Energy India(up 0.48%) and NLC India(up 0.46%) stood among the top gainers. RTNPOWER(down 5.07%), Inox wind(down 2.86%), Inox Wind Energy(down 2.84%), Karma Energy(down 2.15%), Suzlon Energy(down 1.76%), Voltamp Transformers(down 1.61%), Kalpataru Projects International(down 1.44%), KEC International(down 1.29%), Power Grid Corporation of India(down 1.22%) and Power & Instrumentation(Gujarat)(down 1.21%) were among the top losers of the day. The NSE Nifty50 index ended 68.1 points down at 19674.25, while the 30-share BSE Sensex closed down 221.09 points at 66009.15. IndusInd Bank Ltd.(up 2.94%), Maruti Suzuki India Ltd.(up 2.43%), State Bank of India(up 1.7%), Mahindra & Mahindra Ltd.(up 1.5%), Bajaj Finserv Ltd.(up 1.14%), Tech Mahindra Ltd.(up 1.06%), Coal India Ltd.(up 1.03%), Asian Paints Ltd.(up 0.94%), HDFC Life Insurance Company Ltd.(up 0.8%) and Tata Consumer Products Ltd.(up 0.77%) stood among the top gainers in the Nifty pack. On the other hand, Dr.

KRISHANA(up 8.38%), Madhya Bharat Agro Products(up 3.60%), Fertilizers & Chemicals Tranvancore(up 2.39%), Deepak Fertilizers & Petrochemicals(up 1.98%), Mangalore Chemicals & Fertilizers(up 1.86%), Coromandel International(up 1.38%), Southern Petrochemicals Industries(up 0.62%) and Aries Agro(up 0.23%) stood among the top gainers. National Fertilizer(down 1.96%), Rama Phosphates(down 1.31%), Paradeep Phosphates(down 1.18%), Gujarat Narmada Valley Fertilizers (down 0.82%), Madras Fertlizers(down 0.72%), Sikko Industries(down 0.67%), Khaitan Chemicals & Fertilizers(down 0.60%), Nagarjuna Fertilizers & Chem(down 0.58%), G S F C(down 0.30%) and Rashtriya Chemicals & Fertilizers(down 0.28%) were among the top losers of the day. The NSE Nifty50 index ended 68.1 points down at 19674.25, while the 30-share BSE Sensex closed down 221.09 points at 66009.15. IndusInd Bank Ltd.(up 2.94%), Maruti Suzuki India Ltd.(up 2.43%), State Bank of India(up 1.7%), Mahindra & Mahindra Ltd.(up 1.5%), Bajaj Finserv Ltd.(up 1.14%), Tech Mahindra Ltd.(up 1.06%), Coal India Ltd.(up 1.03%), Asian Paints Ltd.(up 0.94%), HDFC Life Insurance Company Ltd.(up 0.8%) and Tata Consumer Products Ltd.(up 0.77%) stood among the top gainers in the Nifty pack. On the other hand, Dr.

Triveni Engineering & Industries(up 3.58%), MAGADHSUGAR(up 2.08%), Dwarikesh Sugar Industries(up 1.56%), Shree Renuka Sugars(up 1.30%), Uttam Sugar Mills(up 1.14%), Mawana Sugars(up 0.91%), EID Parry(up 0.89%), Sakthi Sugars(up 0.77%), KCP Sugar & Industries(up 0.58%) and BAJAJHIND(up 0.19%) stood among the top gainers. Bannari Amman Sugars(down 3.24%), Rajshree Sugars & Chemicals(down 1.93%), Dalmia Bharat Sugar & Industries(down 1.65%), Balrampur Chini Mills(down 1.43%), Dhampur Sugar Mills(down 1.07%), K.M.Sugar Mills(down 0.74%), Vishwaraj Sugar Industries(down 0.54%), DCM Shriram Industries(down 0.45%), Ugar Sugar Works(down 0.36%) and Ponni Sugars(Erode)(down 0.27%) were among the top losers of the day. The NSE Nifty50 index ended 68.1 points down at 19674.25, while the 30-share BSE Sensex closed down 221.09 points at 66009.15. IndusInd Bank Ltd.(up 2.94%), Maruti Suzuki India Ltd.(up 2.43%), State Bank of India(up 1.7%), Mahindra & Mahindra Ltd.(up 1.5%), Bajaj Finserv Ltd.(up 1.14%), Tech Mahindra Ltd.(up 1.06%), Coal India Ltd.(up 1.03%), Asian Paints Ltd.(up 0.94%), HDFC Life Insurance Company Ltd.(up 0.8%) and Tata Consumer Products Ltd.(up 0.77%) stood among the top gainers in the Nifty pack. On the other hand, Dr.

Nuvama Institutional Equities, reiterated its 'buy' rating on Mahindra & Mahindra (M&M) and stated that Escorts continues to be its top picks. After recently speaking with a zonal head of a tractor company, TAFE, Nuvama wrote in its report stated that the tractor market would remain flat during the festive period, that the volume of tractors would likely remain flat or even decline in FY24E due to a high base and a deficit monsoon, that M&M would gain market share due to the improved acceptance of the Swaraj brand, and that Escorts would gain from Kubota's assistance in the development of new products and improved quality.

Mirae Asset Mutual Fund has launched Mirae Asset S&P BSE Sensex ETF, an open-ended scheme replicating/tracking S&P BSE Sensex Total Return Index. The new fund offer or NFO of the scheme is open for subscription and will close on September 26. The scheme will re-open for continuous sale and repurchase from October 3. The performance of the scheme will be benchmarked against S&P BSE Sensex TRI (Total Return Index). The scheme will be managed by Ekta Gala and Vishal Singh.

₹100 crore to Sun Group chairman Kalanithi Maran, as per the Delhi High Court's order regarding the execution of an arbitral award. SpiceJet owed ₹397 crore to Maran, and the court is scheduled to hear the rest of the case next on 3 October.

«If you look at what Teva has been saying, what Viatris has been saying, I think all of them are consistently calling out that the pricing environment is softer this year. And on top of that, as you were talking about, we are seeing some supply disruptions in the market,» says Nithya Balasubramanian, Sanford Bernstein.Let us first address the so-called elephant in the room and that has always been U.S. markets. Has pricing erosion further eased? What is the situation when it comes to the drug and the injectable shortage? I mean, is there more to the ray of light for trade generics?See, in the US, we do see pricing deflation has softened, especially compared to last year. We think pricing deflation was trending at minus 15, minus 20%, even depending on the portfolio. And we think that is down to low single digits this year. And I think that is now being consistent commentary from most of the players, most of the Indian generic companies, as well as some of the global MNCs as well. If you look at what Teva has been saying, what Viatris has been saying, I think all of them are consistently calling out that the pricing environment is softer this year. And on top of that, as you were talking about, we are seeing some supply disruptions in the market.

The NSE Nifty index traded 21.15 points up at 19763.5, while BSE Sensex was up 91.84 points at 66322.08 as of 11:20AM(IST)on September 22. In the Nifty index, Tech Mahindra Ltd.(up 2.01 per cent), State Bank of India(up 2.01 per cent), IndusInd Bank Ltd.(up 1.93 per cent), Coal India Ltd.(up 1.91 per cent) and Tata Consumer Products Ltd.(up 1.81 per cent) were among the top gainers. On the other hand, Dr.

Chandrayaan-3 LIVE Updates: All eyes on Chandrayaan-3, as ISRO attempts to revive 'Vikram lander and Pragyan rover today. With dawn breaking on the Moon, ISRO is now gearing up to try to reestablish communication with its lunar mission Chandrayaan-3's solar-powered lander Vikram and rover Pragyan, to revive them so that they can continue with scientific experiments.

Chandrayaan-3: With dawn breaking on the Moon, ISRO is now gearing up to try to reestablish communication with its lunar mission Chandrayaan-3's solar-powered lander Vikram and rover Pragyan, to revive them so that they can continue with scientific experiments. Both the lander and the rover were put into sleep mode earlier this month on September 4 and 2 respectively, ahead of the lunar night setting in on Earth's only natural satellite.

London | When Rupert Murdoch, the ultimate powerbroker and insider, used his retirement note to rail against “elites” and their “open contempt for those who are not members of their rarefied class”, it underlined a contradiction that has stalked him for more than half a century.

SolarBank’s (CSE: SUNN OTC: SUUNF) recent sale of 21MW ground mount solar power projects, to Honeywell International for $41 million marks a milestone in SolarBank’s role in the renewable energy landscape of the United States. This deal, along with an engineering, procurement and construction (EPC) agreement, strengthens the collaboration between SolarBank Corporation and Honeywell International. These projects, known as SB 13 1 SB 13 2 and SB 14 have a feature – they are designed as community solar sites.

Motilal Oswal Financial Services, quickly skimmed the annual reports of Gujarat Gas Ltd, Mahanagar Gas Ltd, and Indraprastha Gas Ltd, the three City Gas Distribution (CGD)s.Gujarat Gas continues to be Motilal Oswal's top choice among the three CGDS, said the brokerage in its latest report on Oil & Gas sector. According to the brokerage, Indraprastha Gas and Mahanagar Gas are both CNG-focused operators in the CGD industry, while Gujarat Gas is primarily focused on the Industrial segment.