India Tv Business Desk

Stock markets bounce back on fag-end aided by buying in index majors

The 30-share BSE Sensex climbed 149.31 points or 0.23 per cent to settle at 65,995.81. The NSE Nifty gained 61.70 points or 0.32 per cent to end at 19,632.55.

Multibagger logistics stock posts robust earnings in first quarter amid strong demand

The logistics sector's role in driving the economy is significant, contributing an estimated 13-14 per cent to India's GDP.

Passive funds gain traction among investors in India, market share witnesses growth: Study

A passive fund is an investment instrument that simulates the performance of a market index or a specific market segment.

Hike in ethanol price on cards as govt looks to address problem of grain supplies

At present, 10 per cent ethanol is blended into petrol, and the government is looking to double this by 2025.

Multibagger penny stock in specialty chemicals forays into green-enviro-friendly infra projects

The estimated project cost of targeted projects is about Rs 50 crore.

Horoscope Today, August 8: Know lucky colour and numbers for all zodiac signs

Footwear industry feels BIS standards not scientific, wants govt to intervene to save MSMEs

The footwear industry is not against implementing quality standards on footwear, it believes that the current standards and implementation directions are not scientific.

Reliance seeks to extend Mukesh Ambani's term as chairman for 5 more years

Ambani, 66, has been on the board of Reliance Industries Ltd (RIL) since 1977 and was elevated as Chairman of the company after the death of his father and group patriarch Dhirubhai Ambani in July 2002.

As India's manufacturing activities remain strong, small cap stock announces rights issue

A rights issue is a type of corporate action that allows a company's existing shareholders to purchase extra shares in proportion to their existing holdings at a discount price.

Multibagger stock secures fresh order to supply coal as it ventures into energy segment

The coal supplies within a fortnight and will be completed by end of October, it said in an exchange filing.

Govt suggests public servants to utilise PM Gati Shakti approach for planning modern infrastructure

The approach and use of PM Gati Shakti was discussed during a web-based seminar hosted by the Department for Promotion of Industry and Internal Trade (DPIIT) on August 4.

Fitch downgrades US credit rating: What are these ratings? How do they impact economy?

The ratings of Fitch, one of the three credit rating agencies along with Moody's and Standard & Poor's, impacts the economy of a nation as investors and top companies take them as one of the major factors in taking investment-related decision.

Sensex sinks 677 points, Nifty tumbles to 19,527 as investors lose over Rs 3.5 lakh crore

According to an exchange, the board has approved the sub-division of equity shares in the ratio of 10:1 (ten for one).

Yudiz Solutions IPO to open on August 4; to list on NSE Emerge

The shares of the company will be listed on NSE Emerge, a platform for small and medium enterprises, Ahmedabad-based digital transformation and technology services company said in a statement.

Markets settle lower in volatile trade amid continuous foreign fund outflows | DETAILS

The 30-share BSE Sensex declined 68.36 points or 0.10 per cent to settle at 66,459.31. The NSE Nifty fell 20.25 points or 0.10 per cent to end at 19,733.55.

Capital market regulator SEBI clarifies on format for seeking clients' trading preferences

Under the format, the member must specify the names of the exchanges where the member has membership, the date of consent for trading on the concerned exchange and the signature of the client.

HMA Agro reports over 70 per cent jump in net profit in first quarter after IPO listing

This was the first quarterly result by HMA Agro after it made debut on the exchanges. Its shares made debut on exchanged in July. IT had raised Rs 480 crore from the initial public offering (IPO).

Bonus stock: Steel pipes maker JTL Industries declares 1:1 bonus issuance in Q1 results

Bonus shares are additional shares that listed companies issue to existing shareholders at no cost. The exercise is done under the guidelines of the SEBI. It increases liquidity and encouraged retail participation.

SBI raises Rs 10,000 crore via unsecured long-term infra bonds

The bidding ended on Monday and the proceeds will be used in enhancing its long-term resources for funding infrastructure and the affordable housing segment.

Indian companies can go for direct listing on overseas exchanges, says Nirmala Sitharaman

A proposal regarding this was first floated as part of the liquidity package announced during the pandemic in May 2020.