Against the backdrop of subdued global indicators that have impacted the majority of global markets due to concerns over rising inflation rates, escalating crude oil prices, and an elevated 10-year Treasury yield, India’s central bank, the Reserve Bank of India (RBI), has offered some relief. The Monetary Policy Committee (MPC) of the Reserve Bank of …
Investing in the stock market is a common financial activity, but what happens to your investments when you pass away? Dealing with the investments of a deceased family member or friend can be a complex and time-consuming task. To simplify this process and ensure a smoother transition of shares and assets, the Securities and Exchange …
Today, the BSE Auto witnessed a decline of 1.19%. As the festive season approaches, the auto sector anticipates a significant uptick in demand, as consumers often prefer to take delivery of their vehicles during special occasions. India’s automotive industry is on the cusp of significant growth, driven by several key factors that promise a robust …
On Tuesday, shares of Larsen & Toubro (L&T) surged over 0.7% to trade at an intraday high of Rs 3,044 apiece on BSE. The company informed the exchange that L&T Construction’s Transportation Infrastructure division has been awarded the esteemed Dahisar Bhayander Bridge project in Mumbai by the Municipal Corporation of Greater Mumbai (MCGM). This project …
Kharghar Vikhroli Transmission Limited (KVTL), which will enable additional power to be brought into Mumbai and thus enable meeting the city’s growing and future electricity demand, is commissioned. Built by Adani Energy Solutions Limited (earlier known as Adani Transmission Limited), the energy solution, transmission and distribution arm of the Adani portfolio, the project is critical …
In a move that has left India’s financial markets buzzing with anticipation, the Securities and Exchange Board of India (SEBI) has taken a bold step by extending the deadline for market rumour verification. The timeline for verification of market rumours to February 1, 2024, for the top 100 listed firms by market capitalisation and to …
Bhageria Industries, a prominent Indian company engaged in the manufacturing and trading of dyes and their intermediates, as well as the generation and distribution of solar power, made a significant announcement on Monday. According to the details in the press release, the company has secured a substantial order worth Rs 27.701 crore, which includes comprehensive …
Ashok Leyland, India’s premier commercial vehicle manufacturer, has achieved a remarkable milestone by securing a substantial order from the Gujarat State Road Transport Corporation (GSRTC) for a fleet of 1,282 fully assembled buses. This historic contract stands as one of the most significant single Original Equipment Manufacturer (OEM) orders received from a State Transport Undertaking, …
In a remarkable display of efficiency and commitment to tax compliance, the Indian Income Tax Department has achieved a monumental feat for the Assessment Year 2023-24. A staggering 30.75 lakh audit reports, including a whopping 29.5 lakh Tax Audit Reports (TARs), have been meticulously filed on the e-filing portal by the end of the due …
MOIL Ltd, the powerhouse in the world of manganese ore mining, has recently etched its name in the annals of history with a remarkable performance during the first half of the fiscal year 2023-24. As the largest domestic manganese producing company, MOIL’s journey has been nothing short of spectacular. In a resounding achievement, MOIL reported …
