India, UK officials to start 13th round of FTA talks from Sep 4
The bilateral trade between countries increased to USD 20.36 billion in 2022-23 from USD 17.5 billion in 2021-22.
All-India House Price Index rises 5.1 per cent in Q1FY24: RBI data
The RBI releases quarterly HPI based on transaction-level data received from the registration authorities in ten major cities. The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai. “All India HPI growth (y-o-y) inched up to 5.1 per cent in Q1:2023-24 from 4.6 per cent in the previous quarter and 3.4 […]
FTSE August Review: MTAR Tech, Nazara Tech, 2 others to enter Global Smallcap index
Nazara Technologies stock got an additional boost from news the company’s board will meet on Monday to consider fundraising options through the equity route.
Breakout Stocks: How NCC, Medplus Health and Lakshmi Machine Works are looking on charts for Friday’s trade
Sectorally, buying was seen in consumer durables, realty, metals, and telecom stocks while selling was seen in oil & gas, utilities, public sector, and FMCG.
9 Nifty stocks are at least 15% away from their 52-week highs. Check upside potential
Within the Nifty index, there are nine stocks that continue to be available at least 15% away from their highest levels over the past year.
Govt invites EoIs for IMPCL strategic sale
The Indian government has invited bids for the strategic sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL), in which it holds a 98.11% stake. The remaining 1.89% is held by Kumaon Mandal Vikas Nigam Ltd (KMVNL). The government plans to disinvest its entire stake in IMPCL through strategic disinvestment with a transfer of management control. […]
India at cusp of new private capex cycle; UP, Gujarat, Maharashtra, Odisha bagging most investments: Report
After analysing official data from 2005 to 2022, India Ratings and Research said Uttar Pradesh, Gujarat and Maharashtra continue to dominate fresh capex allocation, while Odisha is getting attention with projects spread across textile, steel and power sectors. For the past few years, the government led on the investment front while private capital expenditure, which […]
Ashish Kacholia’s Rs 20 crore investment in Aeroflex Industries doubles in just 3 months
Aeroflex Industries is a market leader in the field of metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses. It is a subsidiary of Sat Industries which is also a listed company.
Sebi examined funds named by OCCRP in Adani probe: Report
According to the Organised Crime and Corruption Reporting Project (OCCRP), offshore structures based in Mauritius purchased between 8% and 14% of shares in four Adani Group units – Adani Power, Adani Enterprises, Adani Ports, and Adani Transmissions. The Adani Group has rejected the report.
Jupiter Hospital IPO to open for subscription on Sep 6
Jupiter Hospital, which has a strategic focus on the western India healthcare market, is in the process of developing a multispecialty hospital in Dombivli, Maharashtra, which is being designed to accommodate over 500 beds.