Infra, manufacturing offer opportunities to French investors: Piyush Goyal

“Huge delta of opportunities are there in India,” Goyal said while addressing the India France Business Summit in Paris. The minister had earlier said that France is India’s preferred partner in defence, economy and investments. Goyal said that India is attracting investment and technology in the defence sector from around the world as indigenous manufacturing […]

ICICI Pru MF picks up 4.6% stake in Sagar Cements in bulk deal

According to the bulk deal data available with the exchanges, PGIM India MF has sold about 60.3 lakh shares or 4.6% stake in the company, while ICICI Pru MF has lapped up the same number of units in open market transactions. The deal was executed at a weighted average price of Rs 183.10

Export duty on husk rice scrapped

Officials said the duty was scrapped after review of rice stocks. The exemption will be effective from April 11. The centre in September, 2022 had imposed an export duty of 20% on Rice in Husk (Paddy or Rough), Husked (Brown Rice) and Semi-milled or Wholly milled Rice.

ITC hits fresh all-time high. Will it breach Rs 400-mark on Wednesday?

Technically, the stock has moved in the range of Rs 318 to Rs 356 levels from September 2022 to January with volumes being quite low during this period. The price breached the consolidation phase at Rs 356 and moved upwards with high volumes to make an all-time high of 394 odd levels.

Abans Holdings arm acquires PMS business of SATCO Capital Markets

Abans Holdings set up Abans Investment Managers as its subsidiary company to build investment products, fund management capabilities, and distribution support. The company has lately been focusing on the expansion of its investment management business as a key growth driver apart from its internal treasury operations and institutional broking, and this acquisition will only help […]