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Business Standard
PFC pays Rs 462 cr final dividend for 2023-24 to govt; BHEL pays Rs 55 cr
State-owned Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has paid a final dividend of Rs 55 crore for 2023-24 to the government. To this effect, a cheque towards the final dividend on the equity (63.17 per cent) held by the Government of India, was presented to H. D. Kumaraswamy, Union Minister of Heavy Industries and Steel by K Sadashiv Murthy, Chairman and Managing Director, BHEL, a company statement said. The total dividend paid to the company's shareholders for 2023-24 amounted to over Rs 87 crore.
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Wed, Sep 18, 2024
The Economic Times
Morgan Stanley inks record Rs 2,122-crore rental deal for 1.1 million sq ft office space
Morgan Stanley has finalized a deal for 1.1 million sq ft of office space in Mumbai's Goregaon suburb, marking the largest commercial real estate lease transaction ever. The nine-and-a-half-year lease at Oberoi Commerz III involves a total rental payout exceeding Rs 2,122 crore and will consolidate the company's Mumbai operations.
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Wed, Sep 18, 2024
Business Standard
Plan to launch six products under alliance with Nissan on track: Renault
The plan to roll out six new products, including two electric vehicles under the Franco-Japanese automotive alliance Renault Nissan, at a total outlay of Rs 5,300 crore has been progressing and is on schedule, a top official of French car major Renault India said on Wednesday. Renault-Nissan, in February 2023, had announced investments of USD 600 million (about Rs 5,300 crore) in India, to bring in six new products, including two electric cars, and an upgradation of their Chennai plant. Renault India Country CEO and Managing Director Venkatram Mamillapalle at an event said on Wednesday that about 70-80 per cent of the total committed investments have been invested so far. "We have announced investments of Rs 5,300 crore to introduce six new products. It (the project) is on schedule. You will be hearing from us hereafter, very soon (on the launch of new models)," he said. Mamillapalle was speaking to reporters after unveiling a new range of "Night and Day Limited Edition" variants .
CNBC TV18
Nazara Technologies raises stake in Sportskeeda parent to over 90% with ₹145.5 crore deal
With this transaction, Nazara's total ownership in Absolute Sports increases to 91%, further solidifying its leadership position in the sports media landscape.
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Wed, Sep 18, 2024
The Economic Times
Nazara to raise Rs 900 crore, hikes stake in Absolute Sports to 91%
This is Mumbai-based Nazara's largest fundraise so far. Investors in the round included SBI Mutual Fund, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing etc. Additionally, Nazara Technologies acquired a further 19.35% stake in Absolute Sports, taking its total holding to 91%.
The Economic Times
The IPO is entirely a fresh issue of up to 1,25,70,000 shares, with no offer for sale component. The total size of the Rs 150.84 crore issue is determined by the upper price band.
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Wed, Sep 18, 2024
The Economic Times
US Fed rate cut cycle to begin from today. How it may impact prices of shares you own
US Fed Rate Cut: While a majority of Wall Street traders anticipate a 50 basis point rate cut today and a total of 100 basis points reduction by the end of the year, it's important to remember that the market's predictions about the Federal Open Market Committee's decisions have been inaccurate in the past.
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Wed, Sep 18, 2024
The Economic Times
Share price of LTIMindtree falls as Nifty weakens
A total of 9,292 shares changed hands on the counter till 02:04PM (IST).
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Wed, Sep 18, 2024
Business Standard
Small businesses generate 35 mn job applications till Aug 2024: Report
Small and medium enterprises have generated over 35 million job applications in the first eight months of this year fuelled by rising demand in key sectors such as BFSI, BPO, and hospitality, says a report. This rise reflects growing demand for key roles such as Sales & Marketing Managers, Accounting Technicians, Telecallers, Back Office Executives, and Business Development Associates, according to jobs and professional networking platform apna.co. "SMBs and MSMEs employ more than 110 million people and their success is crucial for our nation's journey towards the USD 5 trillion economy goal. As the backbone of our economy, these sectors are set to witness significant growth, with workforce demand expected to rise in tandem," Nirmit Parikh, Founder & CEO, apna.co said. Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 cities like Jaipur, Indore, Ahmedabad, Lucknow, Kochi, and Bhubaneswar, apna.co said. As businesses expand in these ..
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Wed, Sep 18, 2024
The Economic Times
Ashok Leyland shares fall 1.99% as Nifty drops
A total of 293,004 shares changed hands on the counter till time (IST).
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Wed, Sep 18, 2024
The Economic Times
Awfis opens new coworking centre in Ahmedabad comprising 30,221 sq ft
Awfis has launched a new coworking centre in GIFT City, Gandhinagar, expanding its footprint in Ahmedabad to around 83,500 square feet. The company aims to add 40,000 new seats this fiscal year, reaching a total of 1,35,000 seats across India. Awfis operates over 175 centres in 17 cities.
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Wed, Sep 18, 2024
The Economic Times
Lupin shares down 1.87% as Nifty drops
A total of 22,525 shares changed hands on the counter till 01:33PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Adani Power share price down 1.46 per cent
A total of 95,147 shares changed hands on the counter till 01:23PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Havells India shares down 1.1% as Sensex falls
A total of 7,078 shares changed hands on the counter till 01:08PM (IST)
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Wed, Sep 18, 2024
The Economic Times
Share price of Pidilite Ind falls as Nifty weakens
A total of 5,295 shares changed hands on the counter till 01:02PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Voltas shares drop 0.57% as Sensex rises
A total of 1,707 shares changed hands on the counter till 12:52PM (IST)
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Wed, Sep 18, 2024
The Economic Times
Share price of ICICI Lombard rises as Nifty strengthens
A total of 3,747 shares changed hands on the counter till 12:47PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Tata Elxsi shares drop 0.2% as Sensex rises
A total of 6,986 shares changed hands on the counter till 12:43PM (IST)
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Wed, Sep 18, 2024
The Economic Times
Share price of Tata Power rises as Nifty strengthens
A total of 137,335 shares changed hands on the counter till 12:37PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Indian Oil Corp. shares fall 0.43% as Nifty gains
A total of 352,769 shares changed hands on the counter till time (IST).
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Wed, Sep 18, 2024
The Economic Times
Share price of Colgate-Palmolive falls as Sensex gains 231.46 points
A total of 2,297 shares changed hands on the counter till 12:27PM (IST)
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Wed, Sep 18, 2024
The Economic Times
United Spirits shares down 1.06% as Sensex rises
A total of 3,024 shares changed hands on the counter till 12:22PM (IST)
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Wed, Sep 18, 2024
The Economic Times
Share price of Siemens rises as Nifty strengthens
A total of 2,530 shares changed hands on the counter till 12:11PM (IST).
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Wed, Sep 18, 2024
The Economic Times
Share price of Ambuja Cements falls as Nifty strengthens
A total of 6,671 shares changed hands on the counter till 11:25AM (IST).
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Wed, Sep 18, 2024
The Economic Times
Share price of Cummins India falls as Nifty strengthens
A total of 1,315 shares changed hands on the counter till 11:21AM (IST).
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Wed, Sep 18, 2024
The Economic Times
Au Small Fin Bank shares gain 0.15% as Sensex rises
A total of 3,267 shares changed hands on the counter till 11:00AM (IST)
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Wed, Sep 18, 2024
The Economic Times
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 42.46 points up at 25461.0
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Wed, Sep 18, 2024
The Economic Times
PNB shares decline 0.04% as Sensex climbs
A total of 363,076 shares changed hands on the counter till 10:40AM (IST)
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Wed, Sep 18, 2024
The Economic Times
ACC shares up 0.31% as Nifty gains
A total of 2,297 shares changed hands on the counter till 10:34AM (IST).
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Wed, Sep 18, 2024
The Economic Times
Shriram Finance shares up 1.48% as Nifty drops
A total of 3,149 shares changed hands on the counter till 10:09AM (IST).
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Wed, Sep 18, 2024
The Economic Times
Share price of REC rises as Nifty strengthens
A total of 178,158 shares changed hands on the counter till 09:59AM (IST).
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Wed, Sep 18, 2024
The Economic Times
These 4 F&O stocks saw a high increase in futures open interest
As of September 17, four stocks in the NSE F&O pack experienced a significant increase in futures open interest, contributing to a total rise of over 10% from the previous trade.
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Wed, Sep 18, 2024
The Economic Times
Brokerage Investec begins coverage on Adani Green Energy
The brokerage said that AGEL's growth will primarily be led by its plans for 30GW (gigawatt) and 11GW installations in Khavda, Gujarat and Rajasthan respectively, where it has access to large resource rich land banks along with evacuation facilities. It will take the total production capacity to 50+GW by FY30.
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Wed, Sep 18, 2024
Business Standard
Electronics industry plans strategy to meet PM's $500 bn production goal
In FY 2024, the total electronics production stood at $115 billion
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Tue, Sep 17, 2024
CNBC TV18
GPT Infraprojects bags order valued at ₹204 crore
The outstanding order book for the company now stands at ₹3,979 crore with total order inflow for fiscal 2025 of ₹1,016 crore.
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Tue, Sep 17, 2024
The Economic Times
IREDA, Oil India among top 10 midcap stocks sold by mutual funds in August
Fund houses held fewer Indian Renewable Energy Development Agency shares in August compared to July, decreasing from 57 lakh to 30 lakh. The total value of these shares in August amounted to Rs 72 crore.
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Tue, Sep 17, 2024
The Economic Times
ACC shares drop 0.34% as Sensex rises
A total of 3,301 shares changed hands on the counter till 01:54PM (IST)
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Tue, Sep 17, 2024
The Economic Times
BEL shares drop 1.79% as Sensex rises
A total of 605,461 shares changed hands on the counter till 01:49PM (IST)
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Tue, Sep 17, 2024
The Economic Times
Mutual funds were sitting on Rs 1.86 lakh crore cash pile in August
Around five fund houses were sitting on more than Rs 10,000 crore cash pile last month. Among 43 mutual fund houses, SBI Mutual Fund had the highest cash allocation in its portfolio as of August 2024. The largest fund house had Rs 30,675 crore cash in its portfolio which was 4.33% of the total AUM.
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Tue, Sep 17, 2024
The Economic Times
SRF shares down 0.54% as Nifty gains
A total of 9,912 shares changed hands on the counter till 01:28PM (IST).
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Tue, Sep 17, 2024
