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Stock Markets

Markets end two-day winning streak, Sensex drops around 390 points amid weak global cues

Business | Aug 17, 2023, 09:05 PM IST

During the day, it fell by 493.32 points or 0.75 per cent to 65,046.10. The NSE Nifty slipped 99.75 points or 0.51 per cent to end at 19,365.25.

RBI

RBI launches portal to access details of unclaimed deposits

Business | Aug 18, 2023, 01:40 PM IST

RBI Governor Shaktikanta Das launched the portal which has been developed by the central bank to help the public to facilitate and also make it easier for them to search their unclaimed deposits across multiple banks.

BSE

Govt's push to logistics sector helps small cap stock to drive revenue, profit in June quarter

Business | Aug 17, 2023, 08:52 AM IST

According to a filing in BSE, the logistics solution provider clocked revenue of Rs 83.8 crore as compared to Rs 82 crore in the year-ago period. The total income soared to Rs 84.13 crore in the first quarter.

Multibagger steel stock

Multibagger steel stock logs over 30% jump in revenue in June quarter amid firm domestic demand

Business | Aug 17, 2023, 07:22 AM IST

The revenue from operations came in at Rs 312.52 crore in the quarter as against Rs 240 crore reported in the corresponding quarter of the last year.

BSE

India's biggest food trade organisation posts eightfold rise in profit in Q1 on higher income

Business | Aug 17, 2023, 07:09 AM IST

HMA Agro is India's largest exporters of frozen buffalo meat products. Its equity shares got listed on exchanges (NSE and BSE) in July this year.

stock market

What is preferential issue and rights issue in stock market? Micro cap IT stock to raise over Rs 100 crore

Business | Aug 17, 2023, 06:47 AM IST

In a preferential issue of shares, the participating company makes bulk allotment of fresh shares to its investors. The entire process is termed as the preferential allotment of shares.

Adani Power

US-based GQG, other investors invest $1.1 billion for 8.1 per cent stake in Adani Power

Business | Aug 16, 2023, 10:30 PM IST

GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal -- one of the largest-ever secondary market equity transactions.

Aptech CEO

Aptech CEO Anil Pant passes away months after going on indefinite leave: Know all about him

Business | Aug 16, 2023, 06:57 PM IST

According to his LinkedIn page, Pant had taken over as MD and CEO of Aptech in July 2016.

Domestic air passenger traffic jumps 25 pc in July

Domestic air passenger traffic jumps 25 pc in July, IndiGo leads market with 63 pc share

Business | Aug 14, 2023, 06:35 PM IST

No-frills carrier IndiGo carried 76.75 lakh passengers, cornering a market share of 63.4 per cent during the reporting month.

BSE

Stock split, bonus in 2023: Multibagger small cap aluminium stock reports stellar quarterly results

Business | Aug 14, 2023, 07:13 AM IST

According to a BSE filing by the company, it has reported over 6 per cent jump in total income in the first quarter (Q1FY24) at Rs 27.3 crore. The small cap's net profit also increased to Rs 1 crore in the quarter.

Share

Small cap logistics stock declares bonus shares issuance in quarterly results

Business | Aug 14, 2023, 07:15 AM IST

As per the SEBI directives, the bonus issuing company has to fix a record date when investors must own shares in order to be eligible to participate in corporate event. This is called record date.

Gas piplines

Smart meters booming businesses as recycling major reports over threefold jump in earnings

Business | Aug 13, 2023, 01:59 PM IST

ONGC's del-credere agent Vikas Lifecare, a high-end specialty chemicals provider, which has entered into a joint venture agreement with Indraprastha Gas Limited to set up India's first integrated smart meter manufacturing unit has declared its quarterly earning.

India’s kharif crop planting area rises

India’s kharif crop planting area rises; paddy leading year-on-year

Business | Aug 13, 2023, 01:17 PM IST

Crops sown during June-July and dependent on monsoon rains are harvested in October-November are kharif.

Stock market symbol bull Growing market

Logistics major posts sharp uptick in quarterly profit as policy initiatives help push demands

Business | Aug 13, 2023, 08:07 AM IST

The net profit in the reporting quarter came in at Rs 29.33 crore which is almost 600 per cent up from Rs 5.45 crore reported in the same quarter of previous financial year. For the full financial year 2022-23, it posted a net profit of Rs 16.6 crore, the filing showed.

BSE

Rise in manufacturing activities drive engineering major Salasar's net profit in Q1

Business | Aug 13, 2023, 08:09 AM IST

The New Delhi-based firm in an exchange filing said that that its total income in the quarter grew 24 per cent to Rs 262 crore as compared to Rs 211 crore in the corresponding period of the previous financial year.

BSE

Homegrown forged components maker posts over 100% jump in net profit in first quarter

Business | Aug 13, 2023, 08:12 AM IST

The domestic forging industry primarily caters to the automotive industry, which accounts for 60-70 per cent of the forging production, according to a PTI report.

Union Power Minister RK Singh, Chief Minister Pema Khandu

Arunachal Pradesh inks pact for developing projects to generate over 11,000 MW of power

Business | Aug 12, 2023, 10:46 PM IST

Five projects with an installed capacity of 2,626 MW were allocated to NEEPCO, while another five projects of 5,097 MW capacity were awarded to SJVN Limited and two projects of 3,800 MW capacity to NHPC respectively.

Electric Vehicles

UP govt signs MoU with clean energy solutions provider Servotech to set up EV charger manufacturing plant

Business | Aug 12, 2023, 08:07 AM IST

The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022.

startup

India's start-up economy: How employer branding, hybrid work model impetus can help thrive in funding winter

Business | Aug 12, 2023, 07:37 AM IST

Employer branding can make or break a startup. While established businesses have years of reputation to bank on, startups are blank slates.

BSE

Stock market: Small cap metal stock posts robust earnings in Q1 as steel demand bounces back

Business | Aug 12, 2023, 10:40 AM IST

According to an exchange filing, the quarterly net profit came stood at Rs 8.02 crore. It had posted a net profit on consolidated basis at Rs 4.48 crore, according to an exchange filing by the company.

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