Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 79th day by OMCs on August 12. The msot recent price reduction came in Maharashtra when the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 a …
Institutional investors have voted against two resolutions of Ramco Systems and four of Wim Plast with their entire votes polled, while a total of 247 resolutions were favoured with 100% votes cast. A resolution of DLF (related-party transaction) was disapproved with 68.85% of the institutional shareholders’ total votes polled. The motion was “rejected” based on …
India’s manufacturing sector has seen a healthy rise with its share in the Indian economy reaching pre-covid levels, ICICI Securities said in a note. The brokerage firm believes India’s manufacturing sector is poised to hit an all-time high in the medium term and analysts believe a number of stocks, linked to the sector, may rally …
Subex share price hit 20 per cent upper circuit at Rs 33.30 apiece on BSE on Wednesday, after the company announced that Reliance Jio Platforms has partnered with Subex HyperSense AI to augment its 5G product line. The stock has plunged 45 per cent from its 52-week high of 62.50 touched last year. In the …
Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco), PetroChina and a separate Sinopec entity, Sinopec Shanghai Petrochemical Co, each said …
The India Meteorological Department (IMD) in its latest weather forecast informed that apart from the extreme south peninsular and Northeast India, the rest of the regions in the country can expect relatively uneventful weather conditions for the next five days. “No significant weather over the country during the next 5 days except over extreme south …
All government schools in the state that were established before Independence have to be declared as ‘Heritage Schools,’ Pema Khandu, chief minister, Arunachal Pradesh, announced on Wednesday. These schools will receive special attention for infrastructure development, including the addition of a museum within their premises. The decision was prompted by a request from the organisers …
Indian equity markets are likely to open in the red amid, hinted SGX Nifty. Nifty futures traded 49.5 pts, or 0.28% lower at 17,440.50 on the Singapore Exchange, signalling that Dalal Street was headed for a negative start. In the previous session, BSE Sensex tanked 872 points or 1.46%, to end below the 59,000, while …
Dr. Reddy’s Laboratories Ltd. on Wednesday announced the launch of its first direct-to-consumer (D2C) e-commerce website ‘Celevida Wellness’ for diabetes patients by its wholly-owned subsidiary, Svaas Wellness Limited. ‘Celevida Wellness’ aims to become a one-stop solution for personalised diabetic care for Type 2 diabetic and pre-diabetic individuals, the company said in a statement. Since its …
Global fund managers have scaled back their pessimism on stock markets and now foresee slightly better days ahead for the asset class, Bank Of America’s (BofA) Global Fund Managers survey showed. “Sentiment remains bearish, but no longer apocalyptically bearish as hopes rise that inflation and rates shock end in coming quarters,” the monthly survey showed. …