#MarketAtClose | Sensex falls 769 points to 54,334 & Nifty 253 points to 16,245
Nifty Bank slips 537 points to 34,408 after a trading range of 1,000 points
Midcap Index falls the most amongst frontline indices, Index slips 586 pts to 27,517
Nifty Bank slips 537 points to 34,408 after a trading range of 1,000 points
Midcap Index falls the most amongst frontline indices, Index slips 586 pts to 27,517
STOCKS in ACTION 7 Mar
Rajratan Global Wire fixes March 16, 2022 as record date for stock split
Thomas Cook India fixes record date for conversion of OCCRPS
Advik Capital board approves 19:5 rights issue at Rs. 2.85 per share
PNB Housing Finance: The non-bank lender is planning a
fundraising by issuing equity shares through appropriate
methods-including rights issue--on March 9
Shriram Transport Finance: Approves Raising Up To 777m Rupees Via Bonds
Cadila Health (Zydus Lifesciences) gets Indian regulator nod for Desidustat, an oral treatment for Anemia
Promax Power bags Fresh orders worth Rs. 43 Crores
Frontier Springs Limited bags first order for supply of Air Springs
Ircon International achieves another breakthrough of Tunnel in USBRL project
3i Infotech Limited bags work order from Rajasthan State Pollution Control Board
Autoline Industries: Set Up New Entity To Step In To Potential Business Of Designing, Assembling & Manufacturing In Electric Vehicles Segment
Cantabil Retail India Limited opens 8 new showrooms in February 2022
Balkrishna Industries: Says Has Successfully Commenced Commercial Production Of The Brown Field Expansion And Debottlenecking Project At Bhuj Plant Ahead Of Schedule || This Will Result In Increased Production Of Tires Up To 50,000 MTPA
Info Edge India Ltd invests Rs. 91 crores in Aisle Platforms
J K Cement Ltd to form subsidiary for Paint Business foray
Gulshan Polyols: Says Got Environment Clearance Of 250kld Along With Co-Gen Power Plant
Dilip Buildcon Ltd executes EPC agreement with Rail Vikas Nigam Ltd & Enters Into An Agreement With Shrem Financial To Sell 10 Ham Projects Co Sees Cut In Consolidated Debt By 42.2b Rupees Equity Valuation Of 10 Projects At 23.5b Rupees
IIFL Finance partners with NIRA to provide Personal Loans
Ultramarine & Pigments approves revised cost of expansion projects
Somany Ceramics Expands its footprints in Varanasi
Privi Speciality Chemicals: company along with Givaudan SA, subscribed equity share capital of joint venture Prigiv Specialities.
IOB to fund Rs. 1000 Crore for Infrastructure Development in Union Territory of Jammu and Kashmir
Reliance Industries Announced The Opening Of The Jio World Centre In Mumbai's Bandra Kurla Complex || Co Says The Centre Includes Retail Space, A Cultural Centre, Restaurants, Serviced Apartments, Offices, And A Convention Facility
Sanghvi Brands enters into management and operation agreement for two properties
Karur Vysya Bank revises MCLR from March 7, 2022
Hatsun Agro Product to sell RTE business and its brand Oyalo
V-Mart Retail: SBI Mutual Fund Under Its Various Schemes Ups Stake In Co To 8.7602% From 4.2153%
Emami acquires stake in Tru Native F&B Pvt Ltd
PIL Italica Lifestyle to acquire minority stake in Atmosphere Workspace Solutions Pvt Ltd
Tube Investments: The firm has completed acquisition 1,41,677 equity shares of face value of Rs 10 each,representing 70% paid-up share capital of Cellestial.
Nazara Technologies: Approved Further Investment In Equity Shares Of Next Wave Multimedia Upto 300m Rupees
Medinova Diagnostic Services to acquire balance stake in partnership firm
Rajratan Global Wire fixes March 16, 2022 as record date for stock split
Thomas Cook India fixes record date for conversion of OCCRPS
Advik Capital board approves 19:5 rights issue at Rs. 2.85 per share
PNB Housing Finance: The non-bank lender is planning a
fundraising by issuing equity shares through appropriate
methods-including rights issue--on March 9
Shriram Transport Finance: Approves Raising Up To 777m Rupees Via Bonds
Cadila Health (Zydus Lifesciences) gets Indian regulator nod for Desidustat, an oral treatment for Anemia
Promax Power bags Fresh orders worth Rs. 43 Crores
Frontier Springs Limited bags first order for supply of Air Springs
Ircon International achieves another breakthrough of Tunnel in USBRL project
3i Infotech Limited bags work order from Rajasthan State Pollution Control Board
Autoline Industries: Set Up New Entity To Step In To Potential Business Of Designing, Assembling & Manufacturing In Electric Vehicles Segment
Cantabil Retail India Limited opens 8 new showrooms in February 2022
Balkrishna Industries: Says Has Successfully Commenced Commercial Production Of The Brown Field Expansion And Debottlenecking Project At Bhuj Plant Ahead Of Schedule || This Will Result In Increased Production Of Tires Up To 50,000 MTPA
Info Edge India Ltd invests Rs. 91 crores in Aisle Platforms
J K Cement Ltd to form subsidiary for Paint Business foray
Gulshan Polyols: Says Got Environment Clearance Of 250kld Along With Co-Gen Power Plant
Dilip Buildcon Ltd executes EPC agreement with Rail Vikas Nigam Ltd & Enters Into An Agreement With Shrem Financial To Sell 10 Ham Projects Co Sees Cut In Consolidated Debt By 42.2b Rupees Equity Valuation Of 10 Projects At 23.5b Rupees
IIFL Finance partners with NIRA to provide Personal Loans
Ultramarine & Pigments approves revised cost of expansion projects
Somany Ceramics Expands its footprints in Varanasi
Privi Speciality Chemicals: company along with Givaudan SA, subscribed equity share capital of joint venture Prigiv Specialities.
IOB to fund Rs. 1000 Crore for Infrastructure Development in Union Territory of Jammu and Kashmir
Reliance Industries Announced The Opening Of The Jio World Centre In Mumbai's Bandra Kurla Complex || Co Says The Centre Includes Retail Space, A Cultural Centre, Restaurants, Serviced Apartments, Offices, And A Convention Facility
Sanghvi Brands enters into management and operation agreement for two properties
Karur Vysya Bank revises MCLR from March 7, 2022
Hatsun Agro Product to sell RTE business and its brand Oyalo
V-Mart Retail: SBI Mutual Fund Under Its Various Schemes Ups Stake In Co To 8.7602% From 4.2153%
Emami acquires stake in Tru Native F&B Pvt Ltd
PIL Italica Lifestyle to acquire minority stake in Atmosphere Workspace Solutions Pvt Ltd
Tube Investments: The firm has completed acquisition 1,41,677 equity shares of face value of Rs 10 each,representing 70% paid-up share capital of Cellestial.
Nazara Technologies: Approved Further Investment In Equity Shares Of Next Wave Multimedia Upto 300m Rupees
Medinova Diagnostic Services to acquire balance stake in partnership firm
SGX -440 DOWN 😮😮 Opening Big Gap Down
Another Black Monday Today.
Hope You didn't Carry Over Night Positions
Another Black Monday Today.
Hope You didn't Carry Over Night Positions
Govt(sebi) has ordered NSE to keep backup server in various cities as backup of mumbai server going down
Today as testing Nse server will be working from Chennai.
Chances are there maybe fluctuations or slow refresh.. dont be surprise
Today as testing Nse server will be working from Chennai.
Chances are there maybe fluctuations or slow refresh.. dont be surprise
NSE Closing Bell:
#NIFTY SPOT Closed for the day, Dated : March 7th 2022 at : 15879.3. #NIFTY moved from : 16245.35 with change of -366.05 (-2.25%). Market trend observed as Strong Bearish.
Days high : 15944.6 / Days low : 15711.45.
#BANKNIFTY SPOT Closed for the day, Dated : March 7th 2022 at : 32909.95. #BANKNIFTY moved from : 34407.8 with change of -1497.85 (-4.35%). Market trend observed as Strong Bearish.
Days high : 33543.3 / Days low : 32376.5.
BSE Closing Bell
#SENSEX SPOT Closed for the day, Dated : March 7th 2022 at : 52916.29. #SENSEX moved from : 54333.81 with change of -1417.52 (-2.61%). Market trend observed as Strong Bearish.
Days high : 53203.87 / Days low : 52367.1.
#NIFTY SPOT Closed for the day, Dated : March 7th 2022 at : 15879.3. #NIFTY moved from : 16245.35 with change of -366.05 (-2.25%). Market trend observed as Strong Bearish.
Days high : 15944.6 / Days low : 15711.45.
#BANKNIFTY SPOT Closed for the day, Dated : March 7th 2022 at : 32909.95. #BANKNIFTY moved from : 34407.8 with change of -1497.85 (-4.35%). Market trend observed as Strong Bearish.
Days high : 33543.3 / Days low : 32376.5.
BSE Closing Bell
#SENSEX SPOT Closed for the day, Dated : March 7th 2022 at : 52916.29. #SENSEX moved from : 54333.81 with change of -1417.52 (-2.61%). Market trend observed as Strong Bearish.
Days high : 53203.87 / Days low : 52367.1.
#MarketAtClose | Market closes in the red, but off intra-day lows, down for 4th straight day
Sensex & Nifty down more than 15% from record highs hit in oct 2021
Nifty Bank is now down more than 20% from record high
Sensex & Nifty down more than 15% from record highs hit in oct 2021
Nifty Bank is now down more than 20% from record high
Russia is demanding that Ukraine cease military action, change its constitution to enshrine neutrality, acknowledge Crimea as Russian territory and recognise the separatist republics of Donetsk and Lugansk as Independent territories , Kremlin Spokesperson Dmitry Peskov Said
*Nickel futures spiked by over 72%*
* Nickel futures spiked by over 72% in intraday session from Friday’s close, to just over 3795 on MCX while on LME prices tested $56,000 per metric ton at the peak, an all-time record, and then settled down a bit and is currently at $50,271 per metric ton, up by 73% in one day on the LME, the biggest spike in the history of the futures contract going back 35 years.
* Russia is the world's third-largest nickel producer, according to the US Geological Survey, with roughly two-thirds of global nickel production used to make stainless steel. Nickel is also key in the growing market for batteries used in electric vehicles. Last week, nickel already jumped 19% as futures speculators reacted to the sanctions that caused banks and metals suppliers to reduce their exposure to Russia, and as shipping companies avoided Russian ports.
* Russia is a large producer of nickel, supplying about 6% of global demand, according to Bloomberg. Over 70% of the nickel production is used in stainless steel. And 7% goes into EV batteries, where demand is growing in leaps and bounds. But EV batteries use highly pure “Class-1” nickel, of which Russia’s MMC Norilsk Nickel PJSC produces 17% of the supply.
* Liquidity deteriorated dramatically in the nickel market overnight as sellers rushed to the sidelines, leading to sharp price jumps between trades as short-position holders scrambled to buy back positions.
* The previous record of $51,800 per metric ton was reached in April 2007, during the mother of all nickel spikes, when the price surged from $10,000 per metric ton in October 2005 to $51,800 in April 2007, and then crashed back below $8,000 by December 2008. These commodities price spikes are madness. And they can go crazy for months, but they cannot last long term, as the 2007 episode has shown.
* “Price risks are skewed to the upside over the coming month across the metals complex,” said Citi, citing supply shortages for metals produced in Russia and Ukraine.
* LME nickel stocks, at 76,830 tonnes, are down 70% since April last year at the lowest in more than two years, and a fraction of demand estimated at around 3 million tonnes. “The continued fall in LME inventories and increased supply chain issues prompted the market’s scarcity pricing,” said ING.
* Disruptions to Russian nickel supplies exacerbating shortages pushed the premium for the cash over the three-month contract to $690 a tonne on Friday, the highest since 2007. It was last at $123 a tonne.
* Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of affordable electric vehicles. Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, hampering the broader adoption of the technology.
* Tesla raised the price for its least expensive Model 3 sedan by 18% to $44,990 since December 2020, as supply chain woes weigh. Musk also said in January that Tesla is not developing a $25,000 car he promised during 2020 battery day, saying there are too many things on his plate.
* Nickel futures spiked by over 72% in intraday session from Friday’s close, to just over 3795 on MCX while on LME prices tested $56,000 per metric ton at the peak, an all-time record, and then settled down a bit and is currently at $50,271 per metric ton, up by 73% in one day on the LME, the biggest spike in the history of the futures contract going back 35 years.
* Russia is the world's third-largest nickel producer, according to the US Geological Survey, with roughly two-thirds of global nickel production used to make stainless steel. Nickel is also key in the growing market for batteries used in electric vehicles. Last week, nickel already jumped 19% as futures speculators reacted to the sanctions that caused banks and metals suppliers to reduce their exposure to Russia, and as shipping companies avoided Russian ports.
* Russia is a large producer of nickel, supplying about 6% of global demand, according to Bloomberg. Over 70% of the nickel production is used in stainless steel. And 7% goes into EV batteries, where demand is growing in leaps and bounds. But EV batteries use highly pure “Class-1” nickel, of which Russia’s MMC Norilsk Nickel PJSC produces 17% of the supply.
* Liquidity deteriorated dramatically in the nickel market overnight as sellers rushed to the sidelines, leading to sharp price jumps between trades as short-position holders scrambled to buy back positions.
* The previous record of $51,800 per metric ton was reached in April 2007, during the mother of all nickel spikes, when the price surged from $10,000 per metric ton in October 2005 to $51,800 in April 2007, and then crashed back below $8,000 by December 2008. These commodities price spikes are madness. And they can go crazy for months, but they cannot last long term, as the 2007 episode has shown.
* “Price risks are skewed to the upside over the coming month across the metals complex,” said Citi, citing supply shortages for metals produced in Russia and Ukraine.
* LME nickel stocks, at 76,830 tonnes, are down 70% since April last year at the lowest in more than two years, and a fraction of demand estimated at around 3 million tonnes. “The continued fall in LME inventories and increased supply chain issues prompted the market’s scarcity pricing,” said ING.
* Disruptions to Russian nickel supplies exacerbating shortages pushed the premium for the cash over the three-month contract to $690 a tonne on Friday, the highest since 2007. It was last at $123 a tonne.
* Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of affordable electric vehicles. Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, hampering the broader adoption of the technology.
* Tesla raised the price for its least expensive Model 3 sedan by 18% to $44,990 since December 2020, as supply chain woes weigh. Musk also said in January that Tesla is not developing a $25,000 car he promised during 2020 battery day, saying there are too many things on his plate.
STOCKS in ACTION 8 Mar
Shree Ganesh Biotech India Ltd recommends 1:1 bonus issue
UPL: To Seek Board Nod For Share Buyback At EGM On March 30
Kings Infra Ventures raises funds through NCDs
Aavas Financiers: To Issue Non-Convertible Debentures Worth Up To 1b Rupees On Private Placement Basis
DCW: To Issue Non-Convertible Debentures Up To 3.5b Rupees || Co Approved Optionally Convertible Debentures Up To 600m Rupees
NATCO Launches First Generic Version of Revlimid® in the U.S. market
Dodla Dairy: Approved Purchase Of Asset Upto 550m Rupees company Approved Funding For Orgafeed Pvt Ltd Upto 400m Rupees
Sterlite Power secures INR 440 crores funding from Tata Cleantech Capital for Nangalbibra project
Greatship contracts to sell an R-class Platform Supply Vessel
Danlaw Technologies India Ltd to sell stake in Danlaw Technologies Inc
The Ramco Cements Ltd initiates afforestation program at Pandalgudi
NTPC: Official Says NTPC'S Thermal Capacity Expected To Grow At 4.3% Till Fy 2032
Future Retail: Shareholders, creditors to meet on April 20-21 to discuss the Reliance deal.
Axis Bank: Report on Citi India retail deal speculative. Lender denies taking any such decision
ICICI Prudential Life: February new business premium falls 22.8% year-on-year
Dish TV: SEBI passed an interim order against the company, promoter, and MD Jawahar Goel, and the board of directors for alleged violation of listing regulations. The capital markets regulator also directed the compliance officer to disclose the voting results of the AGM and told depositories to freeze the demat accounts of Dish TV’s directors and compliance officer until they are out
Shree Ganesh Biotech India Ltd recommends 1:1 bonus issue
UPL: To Seek Board Nod For Share Buyback At EGM On March 30
Kings Infra Ventures raises funds through NCDs
Aavas Financiers: To Issue Non-Convertible Debentures Worth Up To 1b Rupees On Private Placement Basis
DCW: To Issue Non-Convertible Debentures Up To 3.5b Rupees || Co Approved Optionally Convertible Debentures Up To 600m Rupees
NATCO Launches First Generic Version of Revlimid® in the U.S. market
Dodla Dairy: Approved Purchase Of Asset Upto 550m Rupees company Approved Funding For Orgafeed Pvt Ltd Upto 400m Rupees
Sterlite Power secures INR 440 crores funding from Tata Cleantech Capital for Nangalbibra project
Greatship contracts to sell an R-class Platform Supply Vessel
Danlaw Technologies India Ltd to sell stake in Danlaw Technologies Inc
The Ramco Cements Ltd initiates afforestation program at Pandalgudi
NTPC: Official Says NTPC'S Thermal Capacity Expected To Grow At 4.3% Till Fy 2032
Future Retail: Shareholders, creditors to meet on April 20-21 to discuss the Reliance deal.
Axis Bank: Report on Citi India retail deal speculative. Lender denies taking any such decision
ICICI Prudential Life: February new business premium falls 22.8% year-on-year
Dish TV: SEBI passed an interim order against the company, promoter, and MD Jawahar Goel, and the board of directors for alleged violation of listing regulations. The capital markets regulator also directed the compliance officer to disclose the voting results of the AGM and told depositories to freeze the demat accounts of Dish TV’s directors and compliance officer until they are out
*What Happened Overnight*
- S&P -2.95%, Nasdaq -3.62%
- UST yields higher; 5y +7 bps, 10y +4 bps to 1.77%
- Brent oil +5.2% to $124.24/bbl
- USD outperformed amid surging commodities
- #RussianUkrainianWar : No signs of de-escalation
- March FOMC pricing stayed at 22 bps
- S&P -2.95%, Nasdaq -3.62%
- UST yields higher; 5y +7 bps, 10y +4 bps to 1.77%
- Brent oil +5.2% to $124.24/bbl
- USD outperformed amid surging commodities
- #RussianUkrainianWar : No signs of de-escalation
- March FOMC pricing stayed at 22 bps
STOCKS in ACTION 9 Mar
Shalimar Paints: Approved The Raising Of Funds Of Upto 1.50b Rupees Via Issue Of Warrants On Private Placement Basis
Brookfield India: has approved allotment of 52,800,000 units at an Issue price of Rs 110.46 per unit to Westwood Business Consultancy. The transaction is part of its Space Teleinfra deal.
ZydusLifesciences : Sentynl Therapeutics and BridgeBio Pharma announce asset purchase agreement
ISGEC Heavy Engineering: Bags Large Order For Cement Waste Heat Recovery Boilers From Shree Cement
Bharat Forge: Subsidiary Kalyani Strategic Systems has incorporated Sagar-Manas Technologies, a joint venture with Open Joint Stock Company Dastan Transnational for upgradation and manufacturing/ providing solutions for marine and defense products
Yasho Industries Limited to consider capex for new greenfield project
Atul: Expands Sulphur Black Manufacturing Capacity To 26,000 MTA
Infosys: To collaborate on Dow Jones’ digital transformation
Adani Ports: Indian Oil Corp. Ltd. will add new oil tanks at Adani’s Mundra port for expansion.
Shyam Metalics and Energy commissions new capacity at Odisha, West Bengal
Jindal Stainless: Says We Are Witnessing Never-Seen- Before Spikes In Prices Of Nickel || Co Says Continue To Follow A Prudent Risk Management Policy To Sync Our Sales Order And Raw Material Booking
Indian Overseas Bank: The bank has reduced the base rate to 8.10% from the existing of 9.10% effective from March 10, 2022.
Indo Thai Securities Ltd makes further investment in Femto Green Hydrogen Ltd
Adani Ports and SEZ forms subsidiary company 'HDC Bulk Terminal Limited
Petronet LNG forms subsidiary in Singapore
JSW Steel: Exec Says Expect Coking Coal Prices To Start Correcting After A Month And Touch $300/Tonne Levels Soon After || Co Exec Says Expects India To Start Increasing Coking Coal Imports From Russia Once Ukraine Crisis Is Over
DB Corp : Dainik Bhaskar Brand Marketing Campaign for Digital Business App Awareness
Dish Tv : has disclosed the results of its annual general meeting held on Dec. 30, after SEBI's order directing it to do so. All three resolutions put to shareholder vote by the company have been defeated, according to its exchange filing
Shalimar Paints: Approved The Raising Of Funds Of Upto 1.50b Rupees Via Issue Of Warrants On Private Placement Basis
Brookfield India: has approved allotment of 52,800,000 units at an Issue price of Rs 110.46 per unit to Westwood Business Consultancy. The transaction is part of its Space Teleinfra deal.
ZydusLifesciences : Sentynl Therapeutics and BridgeBio Pharma announce asset purchase agreement
ISGEC Heavy Engineering: Bags Large Order For Cement Waste Heat Recovery Boilers From Shree Cement
Bharat Forge: Subsidiary Kalyani Strategic Systems has incorporated Sagar-Manas Technologies, a joint venture with Open Joint Stock Company Dastan Transnational for upgradation and manufacturing/ providing solutions for marine and defense products
Yasho Industries Limited to consider capex for new greenfield project
Atul: Expands Sulphur Black Manufacturing Capacity To 26,000 MTA
Infosys: To collaborate on Dow Jones’ digital transformation
Adani Ports: Indian Oil Corp. Ltd. will add new oil tanks at Adani’s Mundra port for expansion.
Shyam Metalics and Energy commissions new capacity at Odisha, West Bengal
Jindal Stainless: Says We Are Witnessing Never-Seen- Before Spikes In Prices Of Nickel || Co Says Continue To Follow A Prudent Risk Management Policy To Sync Our Sales Order And Raw Material Booking
Indian Overseas Bank: The bank has reduced the base rate to 8.10% from the existing of 9.10% effective from March 10, 2022.
Indo Thai Securities Ltd makes further investment in Femto Green Hydrogen Ltd
Adani Ports and SEZ forms subsidiary company 'HDC Bulk Terminal Limited
Petronet LNG forms subsidiary in Singapore
JSW Steel: Exec Says Expect Coking Coal Prices To Start Correcting After A Month And Touch $300/Tonne Levels Soon After || Co Exec Says Expects India To Start Increasing Coking Coal Imports From Russia Once Ukraine Crisis Is Over
DB Corp : Dainik Bhaskar Brand Marketing Campaign for Digital Business App Awareness
Dish Tv : has disclosed the results of its annual general meeting held on Dec. 30, after SEBI's order directing it to do so. All three resolutions put to shareholder vote by the company have been defeated, according to its exchange filing
Market Update:-
10th March very imp.. Weekly expiry along with Polling Result announcement..
Russia & Ukrain 4th round talk. Fed meet next week..
10th March very imp.. Weekly expiry along with Polling Result announcement..
Russia & Ukrain 4th round talk. Fed meet next week..
STOCKS in ACTION 10 Mar
PNB Housing Finance to raise Rs. 2500 crores through Rights Issue
Diligent Industries Limited board approves stock split
SPV Global Trading Ltd to consider rights issue terms on March 15, 2022
Uttam Sugar: has redeemed 1,00,000, 6.50% non-cumulative redeemable preference shares of Rs 100 each
Zydus receives final approval from USFDA for Nitroglycerin Sublingual Tablets
Kkalpana Industries gets NCLT approval for demerger
Jindal Stainless, Hisar, gets international certification in aerospace industry
J. Kumar Infraprojects: has bagged work order from Pune Municipal Corporation for development of Mula Mutha River from Bund Garden Bridge to Mundhwa worth Rs 604.75 crore. The company also received a letter of acceptance from Delhi Metro Rail Corporation worth 1,426 crore
Tata Power: Resurgent Power, in which the Tata Group firm holds 26% stake, has emerged as the successful bidder for South East UP Power Transmission
Gufic Biosciences enters into research collaboration with Selvax Pty Ltd
Aditya Vision Ltd opens its 76th showroom at Deoghar, Jharkhand
NTPC commissions commercial production at Unit 3 of Nabinagar Power project
Karnataka Bank partners with SELCO Solar Light Private Limited
Indian Overseas Bank increases interest rates on Deposits
Vakrangee : RBI renews the authorization issued to Vakrangee for White Label ATMs
Venus Remedies wins WHO GDP certification for quality services across entire supply chain
Lasa Supergenerics files another Suit for permanent injunction against one of its competitors
Future Lifestyle: has received termination notices on sub-leased properties from Reliance entities. Notices pertain to 34 Central stores and 78 Brand Factory stores that contribute 55-65% of retail revenue operations
Bharti Airtel Limited to acquire 9.012% stake in Avaada CleanTN Project Pvt Ltd
Restaurant Brands Asia completes acquisition of 87.75% in BK Indonesia
Brightcom Group Ltd allots 1.50 crore shares to Shankar Sharma
Jai Balaji Industries Ltd announces settlement with Canara Bank
PNB Housing Finance to raise Rs. 2500 crores through Rights Issue
Diligent Industries Limited board approves stock split
SPV Global Trading Ltd to consider rights issue terms on March 15, 2022
Uttam Sugar: has redeemed 1,00,000, 6.50% non-cumulative redeemable preference shares of Rs 100 each
Zydus receives final approval from USFDA for Nitroglycerin Sublingual Tablets
Kkalpana Industries gets NCLT approval for demerger
Jindal Stainless, Hisar, gets international certification in aerospace industry
J. Kumar Infraprojects: has bagged work order from Pune Municipal Corporation for development of Mula Mutha River from Bund Garden Bridge to Mundhwa worth Rs 604.75 crore. The company also received a letter of acceptance from Delhi Metro Rail Corporation worth 1,426 crore
Tata Power: Resurgent Power, in which the Tata Group firm holds 26% stake, has emerged as the successful bidder for South East UP Power Transmission
Gufic Biosciences enters into research collaboration with Selvax Pty Ltd
Aditya Vision Ltd opens its 76th showroom at Deoghar, Jharkhand
NTPC commissions commercial production at Unit 3 of Nabinagar Power project
Karnataka Bank partners with SELCO Solar Light Private Limited
Indian Overseas Bank increases interest rates on Deposits
Vakrangee : RBI renews the authorization issued to Vakrangee for White Label ATMs
Venus Remedies wins WHO GDP certification for quality services across entire supply chain
Lasa Supergenerics files another Suit for permanent injunction against one of its competitors
Future Lifestyle: has received termination notices on sub-leased properties from Reliance entities. Notices pertain to 34 Central stores and 78 Brand Factory stores that contribute 55-65% of retail revenue operations
Bharti Airtel Limited to acquire 9.012% stake in Avaada CleanTN Project Pvt Ltd
Restaurant Brands Asia completes acquisition of 87.75% in BK Indonesia
Brightcom Group Ltd allots 1.50 crore shares to Shankar Sharma
Jai Balaji Industries Ltd announces settlement with Canara Bank
Insider Trades
Chambal Fertilisers & Chemicals: Promoter SIL Investments bought 80,000 shares between March 7 and March 8.
Maharashtra Seamless: Promoter Group Sudha Apparels bought 2.18 lakh shares between March 7 and March 8.
Usha Martin: Promoter Peterhouse Investments sold 4 lakh shares on March 8.
Vaibhav Global: Promoter Group Brett Enterprises bought 2,000 shares on March 8.
Apar Industries ;Promoter & Director Chaitanya N Desai bought 6,387 shares on March 8.
Bajaj Auto: Promoter Group Maharashtra Scooters bought 10,000 shares on March 7.
MAS Financial Services: Promoter & Director Kamlesh Chimanlal Gandhi bought 2,000 shares between March 7 and March 8.
Meghmani Finechem: Promoter Kaushal Ashishbhai Soparkar bought 1,000 shares on March 8.
Chambal Fertilisers & Chemicals: Promoter SIL Investments bought 80,000 shares between March 7 and March 8.
Maharashtra Seamless: Promoter Group Sudha Apparels bought 2.18 lakh shares between March 7 and March 8.
Usha Martin: Promoter Peterhouse Investments sold 4 lakh shares on March 8.
Vaibhav Global: Promoter Group Brett Enterprises bought 2,000 shares on March 8.
Apar Industries ;Promoter & Director Chaitanya N Desai bought 6,387 shares on March 8.
Bajaj Auto: Promoter Group Maharashtra Scooters bought 10,000 shares on March 7.
MAS Financial Services: Promoter & Director Kamlesh Chimanlal Gandhi bought 2,000 shares between March 7 and March 8.
Meghmani Finechem: Promoter Kaushal Ashishbhai Soparkar bought 1,000 shares on March 8.