India Tv Business Desk
Business, stock market, economy, banking and corporate news reported by India TV News Business team.
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Metal giant JTL Industries mulls bonus after announcing Rs 330 crore capex
Business | Jun 28, 2023, 07:11 PM ISTThe immediate enhancement of 1 lakh tonne each will come up at the Malegaon plant in Maharashtra and the Raipur mill in Chhattisgarh, which will take their overall output to 3 lakh tonne each, the PTI report said.
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Synoptics Technologies IPO to open on Jun 30, list on NSE Emerge
Business | Jun 26, 2023, 08:40 PM ISTThe total size of the public issue is 22. 80 lakh shares. The IPO aims to raise Rs 54. 04 crore. The issue comprises of fresh issue of 14. 80 lakh equity shares amounting to Rs 35. 08 crore and an offer for sale (OFS) of up to 8 lakh shares worth Rs 18.96 crore.
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Adani Day: Group celebrates its Foundation Day & Chairman’s birthday with members of 1983 team
Business | Jun 24, 2023, 07:32 PM ISTGautam Adani established the Adani Group in 1988, a conglomerate with diverse interests in mining, infrastructure, power generation, ports, logistics, renewable energy, and power generation. Coal, agricultural products, and textiles were among the first commodities that the group traded and exported
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HMA Agro Industries IPO to open for subscription tomorrow: Check price band and other details
Business | Jun 19, 2023, 08:20 PM ISTThe frozen meat exporter company's share sale offer comprises a fresh issue of more than 25 lakh fresh shares. It has an Offer for Sale (OFS) component of over 56 lakh shares.
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Adani Transmission to raise up to Rs 8,500 crore after it gets nod from shareholders
Business | Jun 19, 2023, 08:03 PM ISTAccording to the company's BSE filing, 98.64 per cent of shareholders voted in favour of the resolution and allowed it to raise the funds.
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THIS specialty chemicals stock is riding high as foreign institutional investors raise stake
Business | Jun 19, 2023, 06:19 PM ISTJust recently, Mauritius-based foreign institutional investor AG Dynamic Funds Limited and two other FIIs bought stakes in the small-cap company having a market cap of Rs 321 crore.
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Market fails to hold opening gains; Sensex falls 216 points
Business | Jun 19, 2023, 04:49 PM ISTThe 30-share BSE index fell 216.28 points or 0.34 per cent to settle at 63,168.30. During the day, it declined 336.75 points or 0.53 per cent to 63,047.83.
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THIS BSE-listed logistics major gets NSE nod for direct listing on Mainboard
Business | Jun 19, 2023, 04:02 PM ISTThe company with a market cap of Rs 3,500 crore is mainly involved in the business of transportation, logistics, construction, oil and lubricants, coal mining among others.
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World Bank approves USD 150 million loan to support Resilient Kerala programme
Business | Jun 17, 2023, 10:41 PM ISTThe project will help the state develop a climate budget and a roadmap to help fill gaps in the state’s open data and digital systems to reduce people’s vulnerability to natural hazards.
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Markets rebound in early trade on firm global equities; rupee rises 30 paise against dollar
Business | Jun 16, 2023, 10:21 AM ISTStock markets: The 30-share BSE Sensex jumped 280.62 points to 63,198.25 in early trade. The NSE Nifty climbed 82.8 points to 18,770.90.
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Big relief! Central govt slashes import duty on refined soybean, sunflower oils to 12.5 %
Business | Jun 15, 2023, 10:52 PM ISTWith the reduction, the effective duty on refined edible oils stands at 13.7 per cent, including cess on social welfare. The effective duty on all major crude edible oils is 5.5 per cent.
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Multibagger film production giant's stock jumps 19% as revenue rises multifold
Business | Jun 14, 2023, 01:27 PM ISTShareholding pattern on exchange show that non-institutional investors own 49.54 per cent stake while promoters have 48.05 per cent stake.
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Want to achieve financial freedom from investment in stock market? Here's your guide
Business | Jun 13, 2023, 11:21 PM ISTIn today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns.
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EV makers body petitions NGT for green tax on fuel-based 2-wheelers
Business | Jun 13, 2023, 11:08 PM ISTThe ministry has suddenly decided to cut down subsidies by 75 percent, it added. SMEV further said it has "requested for NGT's support to a Green Tax on fuel-based two-wheelers so as to incentivise the adoption of green vehicles and contribute to the national objective of environmental preservation
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Cell Point India IPO to open on June 15 | Check GMP, other details
Business | Jun 13, 2023, 08:24 PM ISTAccording to Nikhil Bhatt, a SEBI registered analyst, considering the positive financial performance and growth potential, coupled with its strong presence in the retail industry, Cell Point India could be a good buy for long-term gains.
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MRF makes history, becomes first Indian firm to hit Rs 1 lakh stock price mark
Business | Jun 13, 2023, 07:04 PM ISTMRF has made history by becoming the first 6-digit stock after surpassing the impressive milestone of 1 lakh.
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Stock markets: Sensex jumps 418 points to 6-month high; Rupee rises 5 paise against dollar
Business | Jun 13, 2023, 04:42 PM ISTStock markets: The 30-share BSE Sensex jumped 418.45 points or 0.67 per cent to settle at 63,143.16. Meanwhile, the NSE Nifty climbed 114.65 points or 0.62 per cent to end at 18,716.15.
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Recycling major Vikas Ecotech raises funds through QIP issue to meet capital expenditure
Business | Jun 26, 2023, 03:54 PM ISTQIP is a method wherein a firm issue shares to the public without going through regulatory compliance.
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Life insurers witness 4.1% decline in new biz premium in May; LIC records 11.26% decline: Data
Business | Jun 10, 2023, 02:06 PM ISTAll 24 life insurers had a collective new business premium income of Rs 24,480.36 crore in the same month a year ago (May 2022).
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With new policy framework in place, logistics major hopes to drive topline growth
Business | Jun 09, 2023, 03:22 PM IST2023 marks a defining moment for the logistics industry as it is likely to see progress on efficient transportation, resource deployment and optimisation.