News

RBI may pause rate hikes in February: Economists

RBI may pause rate hikes in February, The Reserve Bank of India (RBI) will likely pause its rate hike cycle as early as the next monetary policy decision in February this year, with retail inflation sliding below 6% for the second straight month. In an interview with Bloomberg Television, Ankita Pathak, product manager and economist at DSP Mutual Fund, said, “With India’s headline inflation for the October-December period falling below the RBI’s estimate, the central bank…

Continue reading

News

RailTel receives work order worth Rs 170.11 cr from Puducherry Govt.

RailTel receives work order worth Rs 170.11 cr, RailTel Corporation of India has received the work order from Govt. of Puducherry, Department of Revenue and Disaster Management for designing, development, SITC, O&M for 5 years of Integrated Command Control Centre and other associated activities for Puducherry Smart City. Join Our Instagram Channel The total value of the work is Rs. 170.11 crore.   Blogs. News.

Continue reading

News

TVS Motor intends to invest Rs 1000 cr in Madhya Pradesh

TVS Motor intends to invest Rs 1000 cr in Madhya Pradesh, TVS Motor Company expressed its intention to invest in Madhya Pradesh for its potential future two-wheeler and three-wheeler expansion in electric and internal combustion engine (ICE) vehicles. Join Our Instagram Channel Over a period of time, this could entail an investment of over Rs.1,000 crore and generating direct and indirect employment in Madhya Pradesh of over 2,000 jobs. The announcement was made at the…

Continue reading

News

TCS Q3 Earnings : Five things to watch

TCS Q3 Earnings : Five things to watch, The IT sector earnings season for the third quarter of fiscal year 2023 is set to begin today, starting with IT services major Tata Consultancy Services (TCS). This will be followed by Infosys and HCLTech on January 12 and Wipro on January 13 – all in the same week. While the overall growth in the sector is expected to be muted in Q3 due to the holiday season, high furloughs and macroeconomic challenges…

Continue reading

News

iPhone exports double to surpass $2.5 billion this fiscal

iPhone exports double to surpass $2.5 billion this fiscal, Apple Inc. exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the US tech giant is accelerating a shift from China with geopolitical tensions on the rise. Foxconn Technology Group and Wistron Corp. have each shipped more than $1 billion of Apple’s marquee devices abroad in the first nine months of the fiscal…

Continue reading

News

Tata Technologies unlisted stock jumps 30% over three weeks

Tata Technologies unlisted stock jumps 30% over three weeks, Tata Technologies shares in the unlisted markets have jumped over 30 percent over the past three weeks after the company said it would issue free shares and Tata Motors said it was considering partial disinvestment through an initial public offering. The shares climbed to Rs 7,300 apiece from Rs 5,500 in unlisted markets, a dealer said. Tata Technologies recently announced a bonus issue of one new…

Continue reading

News

Markets flashing red again, Factors that affect Market

Markets flashing red again, The Indian indices reeled under sustained selling pressure for the third consecutive session on January 6. At 2.10 pm, the 30-pack BSE Sensex was down 607 points, or 1 percent, and the Nifty was down 171 points, or 0.95 percent, at 17,823. While the market was still adjusting to the FOMC meeting minutes that were released on January 4, some negative developments from the Russia-Ukraine war and RBI Governor’s concern about…

Continue reading

News

NTPC starts India’s first green hydrogen blending project

NTPC starts India’s first green hydrogen blending project, State-owned NTPC on January 3,  said it has commissioned India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas Ltd (GGL). Join Our Instagram Channel The first molecule of green hydrogen from the project was set in motion by P. Ram Prasad,…

Continue reading

News

SEBI returns OYO’s draft IPO papers

SEBI returns OYO’s draft IPO papers, Capital markets regulator Sebi has asked Oravel Stays Ltd, the parent company of travel-tech firm OYO, to refile the draft IPO papers with certain updates. The move might delay the Gurugram-based hospitality unicorn’s initial public offering (IPO). Join Our Instagram Channel OYO filed preliminary documents with the Securities and Exchange Board of India (Sebi) in September 2021 for a Rs 8,430 crore IPO. The proposed offering consists of a…

Continue reading

News

Rishabh Instrument files draft IPO papers with Sebi to raise funds

Rishabh Instrument files draft IPO papers, Nashik-based Rishabh Instruments Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India to raise funds through initial public offerings. The IPO consists of a fresh issue of Rs 75 crore and an offer-for-sale of up to 9.42 million shares by its existing shareholders and promoters. The OFS comprises up to 2.5 million shares by Asha Narendra Goliya, up to 4 lakh shares by…

Continue reading