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28.02 / 08:27
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Indian Oil Corp. shares down 2.42% as Nifty falls
Indian Oil Corporation Ltd. rose 2.42 per cent to Rs 169.05 in Wednesday's trade. It hit an intraday high of Rs 173.45 and low of Rs 167.7, respectively, during the day. The stock quoted a 52-week high price of Rs 196.8 and low of Rs 75.77.
28.02 / 07:43
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Platinum Industries IPO Day 2: Issue subscribed over 13 times so far, NIIs, retail portion sees strong demand; check GMP
BSE data. Also Read: Platinum Industries IPO opens today: Check latest GMP, subscription status, review, key dates, more.
28.02 / 05:57
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Exicom Tele-Systems IPO Day 2: Check latest GMP, subscription status, other details; should you subscribe?
BSE data. The Exicom Tele-Systems IPO was subscribed to 10.02 times on day 1.
28.02 / 05:29
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Juniper
Juniper Hotels share price makes a tepid debut, stock opens with a mere 1.4% premium at ₹365 apiece on NSE
₹365 per share, 1.39% higher than the issue price of ₹360. On BSE, Juniper Hotels share price today opened at ₹361.20 apiece, up 0.33% than the issue price.
28.02 / 05:19
28.02 / 05:19
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India, Germany discuss bilateral security and defence issues
Giridhar Aramane and German Ministry of Defence State Secretary Benedikt Zimmer chaired the India-Germany High Defence Committee (HDC) meeting in Berlin on Tuesday. The two sides discussed a range of bilateral security and defence issues, with a focus on developing the defence cooperation as a key pillar of the Strategic Partnership between India and Germany. Giridhar Aramane and Benedikt Zimmer held talks on the regional situation and discussed on potential defence industrial projects and proposals, according to Ministry of Defence press release. The two sides stressed on the need for a closer defence partnership and connecting defence industries of India and Germany. In a press release, Ministry of Defence stated, «They exchanged views on the regional security situation, discussed likely joint exercises with Germany in the Indo-Pacific, and deliberated on potential defence industrial projects and proposals.»
28.02 / 05:19
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Siemens share price up 0.79 per cent
Siemens Ltd. traded 0.79 per cent up at Rs 4622.75 at around 10:41AM (IST) on Wednesday. The stock had closed at Rs 4586.3 in the previous session. Equity benchmark Sensex traded 8.65 points higher at 73103.87 around the same time.
28.02 / 03:13
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RK Swamy IPO: Price band set at ₹270-288 per share; check issue details, key dates, more
₹270 to ₹288 per equity share of the face value of ₹5. The RK Swamy IPO date of subscription is scheduled for Monday, March 4, and will close on Wednesday, March 6.
28.02 / 03:13
28.02 / 03:09
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"Sheikh Shahjahan will be arrested very soon:" TMC leader Sagarika Ghose on Sandeshkhali
Sandeshkhali remained tense, with delegations of political parties and members of civil society groups making a beeline to the strife-torn island in North 24 Parganas amid arrests and protests, Trinamool Congress Rajya Sabha MP-elect Sagarika Ghose has claimed that the key accused, Sheikh Shahjahan, will be arrested very soon. Sagarika Ghose, while speaking to ANI, said that the government is acting in this matter and will continue to do so. «Key aides of Sheikh Shahjahan have been arrested. So, if the Government of Bengal wanted to shield Sheikh Shahjahan, would it arrest and put behind bars his own key aides? No one is being shielded; no one is being protected. No one will escape the law...The TMC and the Bengal Government are on the ground; they are working and there is every reason to believe that Sheikh Shahjahan will be arrested very soon,» Ghose said on Tuesday.
28.02 / 03:09
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Tata's UK electric car battery plant to be in Bridgwater
Tata Group announced Wednesday that its new multibillion-pound UK factory to manufacture batteries will be located in Bridgwater, south west England. The £4 billion ($5 billion) plant in the county of Somerset, southwest England, will be Tata's first so-called gigafactory outside India. Agratas, Tata Group's global battery business, confirmed Wednesday that the 40 GWh factory would be built at Bridgwater's Gravity Smart Campus.
28.02 / 02:33
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BJP's performance in Rajya Sabha elections is indication that party will cross 400 mark in LS polls: Sudhanshu Trivedi
Uttar Pradesh won eight seats in the Rajya Sabha elections, BJP leader Sudhanshu Trivedi expressed happiness and said that it was an indication that the party would cross the 400 mark in the Lok Sabha elections and win 80 out of 80 seats in the state. «It is a matter of great happiness that all eight BJP candidates won. This is an indication that this time we will cross 400 (in Lok Sabha elections) and win 80 out of 80 seats in Uttar Pradesh,» Trivedi told ANI. The eight BJP candidates who won in Uttar Pradesh are former Union Minister RPN Singh, former MP Chaudhary Tejveer Singh, Amarpal Maurya, Sangeeta Balwant, BJP spokesperson Sudhanshu Trivedi, former MLA Sadhna Singh, Naveen Jain, and Sanjay Seth.
28.02 / 02:33
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Gold prices firm ahead of US inflation print
Gold prices edged higher on Wednesday, as U.S. bond yields fell, while investor focus was on a key U.S. inflation print and remarks from several Federal Reserve officials this week for fresh clues on the central bank's interest rate trajectory.
27.02 / 20:56
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Baddies Caribbean: Here’s what we know about release date, cast, plot and more
Baddies empire is expanding with "Baddies Caribbean," the latest entry into the reality franchise. The show follows young women competing to join the Baddies empire, hosting exclusive events that shape culture.
27.02 / 20:55
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Congress deploys Hooda, Shivakumar to defuse crisis in Himachal
Congress MLAs voted in favour of the BJP candidate in the Rajya Sabha polls in Himachal Pradesh, the party's top leadership swung into action to pacify the disgruntled legislators lawmakers. Congress president Mallikarjun Kharge appointed senior leaders Bhupinder Singh Hooda and D K Shivakumar to engage with the six MLAs, who are learnt to be «disappointed» with the working style of Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu and are seeking his replacement. Sources said former Haryana chief minister Hooda and Karnataka deputy chief minister Shivakumar would reach Shimla early Wednesday to take stock of the situation as the Congress government in the state faces an existential crisis. The six MLAs had left Shimla for Haryana on Tuesday after casting their votes in the Rajya Sabha polls. They are learnt to be in touch with the BJP, amid signs of a crisis engulfing the Congress government in Himachal Pradesh.
27.02 / 20:55
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Five to six Cong MLAs 'kidnapped', whisked away by CRPF and Haryana Police: Himachal CM Sukhu
Congress MLAs were "kidnapped" and whisked away by the CRPF and the Haryana Police. The allegation was made hours after the polling for the lone Rajya Sabha seat ended, amid concerns in the ruling Congress over cross-voting. There was also a buzz that if the Congress nominee fails to make it to the Rajya Sabha, the BJP could move a no-trust motion against the Sukhu government in the state assembly. A video surfaced online purportedly showing a small convoy of cars outside a guest house in Haryana's Panchkula. Congress MLA from Dharamshala Sudhir Sharma, an independent legislator and some BJP MLAs could be spotted in the clip.
27.02 / 20:55
27.02 / 13:48
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Vodafone Idea plans to raise Rs 45,000 crore via equity, debt
Vodafone Idea announced a massive refinancing plan of up to Rs 45,000 crore, which will be raised through a combination of equity and debt including promoter financing. The company’s board on Tuesday approved the equity fund raise of up to Rs 20,000 crore by way of equity-linked instruments which could be convertible debentures, warrants, or other securities convertible into Equity Shares, Global Depository Receipts, American Depository Receipts or Foreign Currency Convertible Bonds.
27.02 / 13:48
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Godrej Appliances expects 20 pc growth in AC, refrigerator sales in summer season
Godrej Appliances on Tuesday said it expects at least a 20 per cent growth in sales of air conditioners and refrigerators during the summer season. The city-based company is the fourth largest air conditioner brand with 0.7 million units sales and the fifth when it comes to refrigerators with 1.8 million sales in the country. «We expect the summer to be scorching this year after an extended winter and this should help us clock at least 20 per cent uptick in volume for both ACs and refrigerators. »Last year, our AC sales more than doubled," Kamal Nandi, executive vice president and business head at the Godrej Appliances told PTI here on Tuesday.
27.02 / 13:18
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RBI streamlines process of filing supervisory returns by banks, NBFCs
RBI has issued directions for filing of supervisory returns for various supervised entities in order to bring clarity, brevity and harmonization. The move will help reduce the burden of compliance on the regulated entities based on the recommendations of the Regulations Review Authority (RRA 2.0) and an Internal Working Group of RBI. «The Master Direction provides a broader framework to understand the purpose of the returns and harmonises the timelines for their submission. This Direction removes certain instructions that have become obsolete and consolidates twenty existing instructions, including one Master Direction for Non-Banking Financial Companies. It creates a single document for ensuring compliance related to submission of all supervisory data. A summary of all changes made are also included in the Master Direction for ease of reference,» the RBI said.
27.02 / 13:18
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Vodafone Idea plans to raise Rs 20,000 crore via equity; promoters to participate
Vodafone Idea Ltd has received board approval to raise Rs 20,000 crore through a combination of equity and equity-linked instruments. “The Board has also authorised the management to appoint various intermediaries, including bankers and counsels to execute the fund raise,” the company said in an exchange filing.
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