All the 30-share Sensex pack of firms was trading in the green in early trade, with IndusInd Bank, Bajaj Finserv, Bajaj Finance, Axis Bank, ICICI Bank, Larsen & Toubro, and Tata Steel emerging as major winners.
In its charge sheet filed before the special CBI court in Mumbai, the probe agency has also named Thapar in the scam.
The newly commissioned plant will be managed by the Adani Group's 'Energy Network Operation Centre' platform, which provides technological assistance.
The tool will generate ready-made reports based on the defined report templates, and the users will be able to create and modify report templates without any coding requirement.
A debt-laden Air India was sold to Tata Group in October last year for Rs 18,000 crore. The actual handover to Tatas happened on January 27, 2022.
From the Sensex pack, UltraTech Cement, Asian Paints, Titan, Dr. Reddy's, Tata Steel, HCL Technologies, Maruti, and ICICI Bank were the major laggards in early trade. Mahindra & Mahindra, IndusInd Bank, Infosys, Bajaj Finserv, and State Bank of India were trading in the green.
At the interbank foreign exchange, the domestic unit opened at 79.70 against the dollar, then touched 79.64 against the American currency, registering a gain of 14 paise over its previous close.
In the near term, FPIs flow are expected to remain volatile given the headwinds in terms of monetary tightening, rising inflation, geopolitical concerns, etc.
Honda India business: The company, which is present through a wholly-owned subsidiary in the country, currently does not have presence in the sports utility vehicle (SUV) space, which has now become the largest segment in the over 30 lakh per annum domestic passenger vehicle industry.
Delhi property rates: Experts believe the solution lies in either rationalizing the circle rates or reclassification of colonies as per the prevailing trends and facilities.
In the ranking of most valued firms, Reliance Industries was leading the pack, followed by TCS, HDFC Bank, ICICI Bank, Hindustan Unilever, Infosys, State Bank of India, Adani Transmission, Bajaj Finance and HDFC.
The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.
The 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17. The NSE Nifty declined 346.55 points or 1.94 per cent to close at 17,530.85.
Earlier this week, rating agency Fitch reduced India's projected gross domestic product growth for the current fiscal year from 7.8% to 7% due to a slowdown brought on by increased inflation, global economic stress, and tighter RBI monetary policy.
According to Forbes’ Real-Time Billionaires List, Adani and his family’s net worth as of early Friday stood at $155.4 billion against Arnault’s $155.2 billion.
An auditor of a small company is not required to report on the adequacy of the internal financial controls and its operating effectiveness in the auditor's report, and such companies need to hold only two board meetings in a year.
At the interbank foreign exchange market, the rupee opened at 79.80 against the greenback, then fell to 79.82, registering a decline of 11 paise over its last close.
From the Sensex pack, Mahindra & Mahindra, Tech Mahindra, TCS, Wipro, HDFC, Infosys, Axis Bank, HCL Technologies, and Power Grid were among the major laggards. IndusInd Bank, Bajaj Finance, Sun Pharma, and Asian Paints were among the early gainers.
Puri addressed 25th Energy Technology Meet, organized by Centre for High Technology, under the aegis of Petroleum and Natural Gas Ministry, Govt of India, in association with Hindustan Petroleum Corporation Ltd in Mumbai.
Vedanta-Foxconn Plant: The Opposition parties have sought to corner the Eknath Shinde-Bharatiya Janata Party (BJP) government following the announcement two days ago that the Rs 1.54 lakh crore semiconductor plant would be set up in neighbouring Gujarat and not in Maharashtra as proposed earlier.
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