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26.02 / 11:19
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Adani Green hydrogen unit aims to get up to $3 billion in loans
Adani New Industries Ltd. is in talks to raise up to $3 billion for capital expenditure, according to people familiar with the matter, as the unit of India’s ports-to-power conglomerate aims to become a major player in the country’s green hydrogen push. The company is discussing the planned transaction with a group of foreign lenders and is likely to raise the money via offshore loans in two or three tranches over the next 12 months, with the process starting in June, the people said, asking not to be identified because the details are private. The loan’s tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. Lenders discussing the credit facility with the company include DBS Bank, Deutsche Bank AG, First Abu Dhabi Bank PJSC, ING Bank NV, MUFG Bank and Standard Chartered Bank Plc.
26.02 / 09:41
26.02 / 09:41
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ISC Chemistry Paper 1 exam rescheduled due to 'unforeseen circumstances'
CISCE) on Monday rescheduled the Chemistry Paper 1 of the ongoing Class-12 board exams, citing "unforeseen circumstances". While no board official gave any details of the said «circumstances», sources in some CISCE-affiliated schools in the city claimed that the question paper was reportedly leaked on social media before commencement of the exams. However, there was no official confirmation of the leak. «Please note, the ISC Year 2024 Chemistry Paper 1 (Theory) Examination, scheduled for Monday, 26th February 2024, has been postponed due to unforeseen circumstances,» the council said in a statement.
26.02 / 09:41
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SpiceJet closer to settlement with aircraft lessor Celestial, says formalities remain
Spicejet, Monday, informed the National Company Law Tribunal that the airline has settled the matter with aircraft lessor Celestial Aviation, with only a few formalities that needed to be sorted out. The senior counsel for the budget airline requested a week from the tribunal, after which he noted that Celestial would withdraw the insolvency petition. On the other hand, the counsel for the aircraft lessor also recognised that settlement talks were underway and that he would withdraw if the deal was finalised.
26.02 / 09:13
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Capri Global names Vivek Jain chief human resources officer
Capri Global Capital, a leading non-banking finance company, has appointed Vivek Jain as its new chief human resources officer (CHRO). Jain will collaborate with the senior leadership team to attract, develop and retain top talent, and create a high performance, entrepreneurial culture. Jain comes with over 25+ years of industry expertise.
26.02 / 08:57
26.02 / 08:57
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India clinch 17th Test series in a row at home; defeat England by 5 wickets in 4th Test
India to a fine five wicket victory over England in the fourth Test at Ranchi. With this, India clinched the series 3-1, their seventeenth straight Test series win at home and also put a hold on the 'Bazball' storm. India raced to 84 for no loss before the English spinners rose to destroy the Rohit Sharma-led top order at 120-5.
26.02 / 08:01
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GAIL shares rise 1.13% as Nifty drops
GAIL (India) Ltd. traded 1.13 per cent up at Rs 181.9 on Monday at around 01:13PM (IST), while the benchmark BSE Sensex declined 234.07 points to 72908.73. As many as 375,541 shares changed hands on the counter with a total value of Rs 6.77 crore.
26.02 / 08:01
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Alkem Labs tanks 13%, sees biggest single-day fall in over 3 years on tax evasion allegation
Alkem Laboratories nosedived more than 13% on Monday, witnessing their biggest single-day fall in at least three years, following reports of a large-scale tax evasion by the drug major. According to reports, Alkem Labs allegedly claimed over Rs 1,000 crore in bogus deductions.
26.02 / 08:01
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Colgate-Palmolive
Colgate-Palmolive shares decline 1.19% as Sensex slides
Colgate-Palmolive (India) Ltd. traded at Rs 2516.85 on BSE at 01:08PM (IST) on Monday, down 1.19 per cent from previous close. The scrip quoted a 52-week low price of Rs 1446.9 and a high of Rs 2620.0.
26.02 / 08:01
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Share price of BEL falls as Sensex drops 241.32 points
Bharat Electronics Ltd. dropped 0.24 per cent to Rs 205.0 at 01:24PM (IST) in Monday's trade. The stock hit a high of Rs 206.7 and low of Rs 202.7 so far during the session. The stock had closed at Rs 205.5 in the previous session. The counter had a total traded volume of 01:24PM shares so far with a turnover of Rs 32.26 crore on BSE. The stock traded at a price-to-earnings multiple of 42.17 and a price-to-book ratio of 5.14.
26.02 / 06:45
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United Spirits shares drop 1.26% as Sensex falls
United Spirits Ltd. traded at Rs 1151.2 on BSE at 11:57AM (IST) on Monday, down 1.26 per cent. The stock quoted a 52-week low price of Rs 730.9 and a high of Rs 1179.95. Earlier in the day, the stock saw a gap down opening.
26.02 / 06:45
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All India Muslim Jamaat chief appeals Muslims to not oppose PM Modi, says parties exploiting them in the name of secularism
All India Muslim Jamaat, Maulana Shahabuddin Razvin, has appealed to Muslims to not oppose Prime Minister Narendra Modi in the upcoming Lok Sabha elections. In a viral video, Maulana Mufti Shahabuddin Razvi Bareilvi can be seen saying that political situation is changing in the country and advised all Muslims in the country not to oppose the Prime Minister. He was speaking during a conference held in Ambikapur district of Chhattisgarh. Also hitting out at secular parties, Mufti Shahabuddin Razvi Bareilvi said that political parties claiming to be secular have only put the responsibility of opposing Prime Minister Narendra Modi on the shoulders of Muslims. This keeps Muslims always on the sidelines, while secular parties and their representatives benefit politically, he said in the video.
26.02 / 06:45
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Siemens shares down 0.39% as Nifty falls
Siemens Ltd. rose 0.39 per cent to Rs 4520.0 in Monday's trade. It hit an intraday high of Rs 4574.65 and low of Rs 4492.65, respectively, during the day. The stock quoted a 52-week high price of Rs 4590.0 and low of Rs 3120.15.
26.02 / 06:45
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Havells India shares drop 0.59% as Sensex falls
Havells India Ltd. traded 0.59 per cent down at Rs 1419.85 at 12:02PM (IST) on Monday, even as BSE benchmark Sensex dropped 386.89 points to 72755.91. The stock had settled at Rs 1428.3 in the previous session. The stock quoted a 52-week high price of Rs 1471.75 and 52-week low of Rs 1128.1, respectively. As per BSE data, total traded volume on the counter till 12:02PM (IST) stood at 7392 shares with a turnover of Rs 1.05 crore.
26.02 / 06:13
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Max Healthcare shares drop 1.97% as Sensex falls
Max Healthcare Institute Ltd. traded 1.97 per cent lower in Monday's session at 11:37AM (IST). The stock opened at Rs 849.8 and has touched an intraday high and low of Rs 851.25 and Rs 833.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 909.0 and a 52-week low of 412.0. About 9,867 shares changed hands on the counter so far.
26.02 / 06:13
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Stock market update: Nifty Bank index falls 0.36% in a weak market
IDFC First Bank Ltd.(up 1.03 per cent), Bank of Baroda(up 0.97 per cent) and HDFC Bank Ltd.(up 0.38 per cent) were among the top gainers.
26.02 / 06:13
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Hyderabad weather update: Scattered rains to bring respite from heat over few days, says IMD
According to the India Meteorological Department, the cyclonic circulation over Marathwada and its vicinity, situated at approximately 0.9 km above mean sea level, has weakened. Currently, a trough extends from Chhattisgarh to northern Tamil Nadu, passing through Vidarbha and interior Karnataka at the same altitude. The wind discontinuity from the aforementioned cyclonic circulation above Marathwada to Coastal Andhra Pradesh via Vidarbha and southern Chhattisgarh, also at 0.9 km above mean sea level, has diminished. In the weather forecast for Hyderabad over the next 48 hours, a partly cloudy sky is expected with misty/hazy conditions prevailing during the morning hours. Maximum and minimum temperatures are forecasted to be around 32°C and 21°C, respectively. Surface winds are anticipated to be from the southeast direction with speeds ranging from 06-10 kmph.
26.02 / 05:47
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Multibagger stock: Transformers and Rectifiers share price jumps 5% on bagging ₹232 crores order from Power Grid
₹232 crores from Power Grid Corporation of India Ltd on Saturday. Transformers and Rectifiers share price today opened at an intraday low of ₹345 and touched an intraday high of ₹358.65 apiece.
26.02 / 04:15
26.02 / 03:27
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