Real Estate stocks were trading in the positive zone, with the S&P BSE Realty Index index rising 59.35 points or 1.91% at 3160.93 at 09:47 IST.

Real Estate shares gain

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Lemon Tree Hotels advanced 2.21% to Rs 78.28 after the company signed license agreement for a 60 room property in Sri Ganganagar, Rajasthan under its brand "Lemon Tree Hotels".

Lemon Tree Hotels jumps on signing new property in Rajasthan

Voltas rose 1.61% to Rs 895 after the company's subsidiary Universal MEP Projects & Engineering Services (UMPESL) received multiple SITC project orders worth Rs 1,770 crore in power distribution and solar projects.

Voltas gains after arm bags order worth Rs 1,770 cr

Phoenix Mills allots 4,500 equity shares under ESOP

Rail Vikas Nigam (RVNL) rose 2.79% to Rs 63.66 after the company said that it emerged as the lowest bidder (L1) for supply, installation, testing and commissioning work in Jabalpur for Rs 111.85 crore.

RVNL rises on emerging as L1 bidder for Rs 112-cr project

K Krithivasan is appointed as CEO designate.

TCS MD & CEO Rajesh Gopinathan resigns

Jindal Steel & Power Ltd has lost 3.62% over last one month compared to 4.59% fall in S&P BSE Metal index and 5.08% drop in the SENSEX

Jindal Steel & Power Ltd Spurts 2.25%, S&P BSE Metal index Rises 1.46%

Indiamart Intermesh to divest 30% stake in Ten Times Online


The frontline indices were trading with strong gains in early trade on buying demand in index pivotals. Positive global cues boosted investors sentiment. The Nifty traded above the 17,100 level. Realty, metal and IT stocks advanced while media and FMCG stocks declined.


Sensex, Nifty advance on upbeat global cues, breadth strong

Zee Entertainment Enterprises (ZEEL), offering a clarification to a media report, said that it has been exploring several strategies, including settlement, in relation to the ongoing dispute mentioned in the news report.

ZEEL exploring various options to ongoing dispute with IndusInd

Board of Samvardhana Motherson International approves acquisition of 50% stake in Fritzmeier Motherson Cabin Engineering

Jubilant Pharmova today announced that its subsidiary Jubilant HollisterStier, a leading Canada-based pharmaceutical contract manufacturing organization (CMO), has received approval from the Government of Canada to provide, through its Strategic Innovation Fund (SIF) program, a partially repayable loan of CAD 23.8 million to fund the CAD 108 million capacity expansion at the Montreal manufacturing facility. 

Jubilant receives additional funding from Govt. of Canada for expansion of Montreal facility

Jubilant Pharmova advanced 1.44% to Rs 282 after the company said that its subsidiary Jubilant HollisterStier has received additional loan facility from Government of Canada for the expansion of its CMO Montreal facility.

Jubilant Pharmova gains after subsidiary gets additional loan facility from Canadaian Govt

 Va Tech Wabag has secured an order worth about Rs. 800 crore towards Design, Build and Operate (DBO) for Reconstruction, Expansion and Operation of Pagla Sewage Treatment Plant (STP) with a capacity of 200 Million Litres per Day (MLD) at Pagla in the City of Dhaka, Bangladesh for Dhaka Water Supply & Sewerage Authority (Dhaka WASA). The project is funded by Multi-lateral Funding Agencies like World Bank and Asian Infrastructure Investment Bank (AIIB) under Dhaka Sanitation Improvement Project (DSIP). 

Va Tech Wabag wins Rs 800 cr order from Dhaka Water Supply & Sewerage Authority


TCS: Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) has tendered his resignation, which will be effective from the close of business hours on 15 September 2023. The Board of Directors appointed K. Krithivasan as the Chief Executive Officer Designate, with effective from 16 March 2023. He shall take over as the Chief Executive Officer and Managing Director of the Company in the next financial year.


TCS, Infosys, Dr. Reddy's Lab, Voltas to be watched

Virat Crane Industries reports standalone net loss of Rs 8.77 crore in the December 2022 quarter

Strong opening on the cards on upbeat global cues


The US stock market finished session notably higher after clawing back early weakness on Thursday, 16 March 2023, as risk sentiments underpinned after a consortium of major US private banks announced a $30 billion rescue package for embattled lender First Republic. 


US Stocks recover as banks bolster deposits at First Republic

The project is funded by multi-lateral funding agencies like World Bank and Asian Infrastructure Investment Bank (AIIB) under Dhaka Sanitation Improvement Project (DSIP).

Va Tech Wabag bags Rs 800-cr order in Bangladesh


The Board of Directors has considered his request and accepted the same. Gopinathan will continue with the company till 15 September 2023 to provide transition and support to his successor. 


Rajesh Gopinathan steps down as TCS MD & CEO


Long term bank facilities - CARE A+; Stable (revised from CARE A; Positive)


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