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GE Power India on Wednesday said it has secured two orders worth Rs 774.9 crore from Jaiprakash Power Ventures. GE Power India got two orders for D&E and supply of wet limestone-based FGDs for the Nigrie Super Thermal Power Plant at Nigrie and Bina Thermal Power Plant at Bina from Jaiprakash Power Ventures, a BSE filing stated.

windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne, with effect from April 4. The tax is levied in the form of Special Additional Excise Duty (SAED). The export duty on diesel, petrol and Aviation Turbine Fuel (ATF) will continue to remain zeo.

ICICI Bank has issued a cautionary advisory to its customers against new online fraud. The private sector lender has urged account holders to remain vigilant against malicious links and applications being circulated on platforms like WhatsApp, email, and others.

The Dow Jones Industrial Average fell 30.65 points, or 0.08%, at the open to 39,139.59.

Tesla will send a team to India this month to scout locations for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday. India last month lowered import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufacturing within three years. The company will send a team from the United States by late April to study sites for the plant, with a focus on states that have automotive hubs such as Maharashtra, Gujarat and Tamil Nadu, the report said, citing people familiar with the matter.

additional fees to renew driving licence and to issue registration certificate for motorcycles beyond the prescribed time limit was not a penalty or deterrent. A division bench of the HC on Tuesday upheld the rules framed under the Central Motor Vehicles Act which provided for levy of additional fees for renewal of driving license for which an application is made after the grace period, renewal of registration certificate for motorcycles and for delay in submission of a no objection certificate (NOC) for transfer of ownership of vehicles. The bench of Chief Justice D K Upadhyaya and Justice Arif Doctor dismissed petitions filed by two transport sector related trusts — K Savakash Autorickshaw Sangha and Mumbai Bus Malak Sangathana — challenging the validity of the rules. «We have no hesitation to hold that the levy of additional fee in this case, is in no manner a penalty, either directly or in disguise,» the HC noted. The petitioners claimed the provisions levying additional charges are, in fact, a penalty in the guise of fee and that no additional service is being provided. The bench, in its order, noted that as per provision of the Act, the government was empowered to levy additional fees.

Shares of L&T Technology Services Ltd.(up 3.13 per cent), Coforge Ltd.(up 1.92 per cent), Tata Consultancy Services Ltd.(up 1.64 per cent), Tech Mahindra Ltd.(up 1.49 per cent) and MphasiS Ltd.(up 0.64 per cent) ended the day as top gainers in the pack.

construction on a major dam site in northwestern Pakistan after being provided with extra security, officials said Wednesday, following a deadly attack on Chinese engineers. Power China and the China Gezhouba Group Company had halted work on a pair of dam projects last month in Khyber Pakhtunkhwa province after a suicide bomber killed five Chinese nationals and a Pakistani driver, causing their van to plunge into a deep ravine.

On the BSE, Konndor Industries(down 9.49 per cent), Dipna Pharmachem(down 8.63 per cent), Innocorp Ltd(down 6.44 per cent), Shri Balaji Valve Co(down 6.22 per cent) and Sonal Mercantile(down 5.68 per cent) stood among the top losers in today's trade.

Delhi-based listed real estate developer Anant Raj Ltd, has reported Rs 4,150 crore pre sale from its Gurgaon project. Anant Raj's existing 180-acre Integrated Residential Township, known as Anant Raj Estate is in Sector 63-A, on Golf Course Extension Road, Gurugram and the company had been launching projects within the township. With over 200 families already residing in Anant Raj Estate, an additional 1000-1100 units currently under construction in the project.

Sheetal Cool Products Ltd.(up 7.34%), Future Consumer Ltd.(up 5.89%), JHS Svendgaard Laboratories Ltd.(up 4.79%), Varun Beverages Ltd.(up 4.72%), Zydus Wellness Ltd.(up 3.37%), LT Foods Ltd.(up 2.87%), Euro India Fresh Foods Ltd.(up 1.92%), Procter & Gamble Hygiene & Healthcare Ltd.(up 1.84%), Mrs. Bectors Food Specialities Ltd.(up 1.67%) and Dodla Dairy Ltd.(up 1.64%) stood among the top gainers.

The 30-share BSE benchmark Sensex slipped 27 points, or 0.04% to close at 73,877. The broader NSE Nifty declined 19 points, or 0.08%, settling at 22,434.

The NSE Nifty index closed 18.65 points down at 22434.65, while BSE Sensex ended down 27.09 points at 73876.82.

Kerala Devaswom Minister K Radhakrishan, CPI national executive member Annie Raja and BJP national secretary Anil Antony were among the prominent contestants who filed their nominations in Kerala for the upcoming Lok Sabha polls on Wednesday. While Radhakrishnan is contesting from Alathur in northern Palakkad district, Raja and Antony are fielded in Wayanad and Pathanamthitta constituencies, respectively. Kerala will go to polls on April 26. Sitting Congress MPs Rajmohan Unnithan and Benny Behannan, who will contest again from Kasaragod and Chalakudy, respectively, CPI (M) nominee in Ernakulam constituency K J Shine and LDF candidate in Ponnani K S Hamsa also filed the nominations today morning.

Sanjay Shukla, who has quit the Congress and joined the BJP, and three others proposing a fine of Rs 140.60 crore for alleged illegal mining of 'murum' (mixed) soil and stones, officials said on Wednesday. The mining department has unearthed illegal mining in two places of 5.50 hectares and 3.40 hectares in Baroli village adjoining Indore in Madhya Pradesh, they said. A fine of Rs 140.60 crore is proposed to be imposed on Shukla and three others under the Madhya Pradesh Minerals (Prevention of Illegal Mining, Transport and Storage) Rules 2022 for this illegal mining, the officials said. Besides Shukla, the other respondents in the notice are his brother Rajendra Shukla, president of the Eden Garden Housing Cooperative Society Limited, and Baroli village resident Meharban Singh Rajput, they said.

1,000 tonnes through six specified customs stations. The duty on overseas shipments of Kalanamak rice was 20 per cent. According to a notification by the Finance Ministry, the duty waiver on the export of up to 1,000 tonnes of this variety of rice will come into effect from Wednesday. The Directorate General of Foreign Trade (DGFT) on Tuesday had allowed exports of up to 1,000 tonnes of Kalanamak rice through specified customs stations.

Shiv Sena (UBT) on Wednesday declared four more candidates for the upcoming Lok Sabha elections, fielding Vaishali Darekar-Rane from the high-profile Kalyan constituency, currently represented by state Chief Minister Eknath Shinde's son Shrikant Shinde. With this, the Uddhav Thackeray-led party has so far declared nominees for 21 seats in Maharashtra, which will vote in five phases starting April 19. Addressing a news conference, Thackeray also declared the candidature of Satyajit Patil, Bharti Kamdi and Karan Pawar from Hatkanangale, Palghar, and Jalgaon constituencies, respectively. Thackeray said if Maha Vika Aghadi (MVA) ally Congress is not keen on contesting the Mumbai North constituency, then his party will field a candidate from that seat.

Gensol Engineering share price was locked at 5% upper circuit on Wednesday's session following the announcement by the company that it had achieved its highest-ever operational revenue of over Rs. 960 crore—a 141% YoY growth in the fiscal year that concluded on March 31, 2024.

Tata Elxsi Ltd. traded at Rs 8029.85 on BSE at 12:02PM (IST) on Wednesday, up 4.31 per cent from previous close. The stock quoted a 52-week low price of Rs 5976.05 and a high of Rs 9191.1.

Ambuja Cements Ltd. traded at Rs 638.5 on BSE at 12:12PM (IST) on Wednesday, up 0.63 per cent from previous close. The stock quoted a 52-week low price of Rs 363.8 and a high of Rs 639.95.

LTIMindtree Ltd. traded 0.2 per cent up at Rs 4910.85 at 12:07PM (IST) on Wednesday, even as BSE benchmark Sensex gained 42.21 points to 73946.12. The scrip had closed at Rs 4900.65 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 6442.65 and Rs 4130.3, respectively.