
1. Rs 130 crore order placed by Post Graduate Institute of Medical Education and Research, Chandigarh for construction of 150-bed Critical Care Block. 


NBCC (India)'s subsidiary HSCC (India) wins orders worth Rs 478.41 cr

Capital Market Automatic

Energy  stocks were trading in red, with the S&P BSE Energy index falling 0.71 points or 0.01% at 7477.3 at 13:47 IST.

Energy  shares edge lower

Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing  8.04 points or 0.02% at 38054.85 at 13:47 IST.

Consumer Durables stocks slide

Metal stocks were trading in the negative zone, with the S&P BSE Metal index falling 17.59 points or 0.09% at 19101.67 at 13:47 IST.

Metal shares fall


The frontline indices traded in a narrow range with minor gains in afternoon trade. The Nifty hovered above the 17,100 level. Barring the Nifty Metal index, all the sectoral on the NSE were in the green.


Nifty above 17,100 level, European mkt opens higher

JK Tyre & Industries secures $ 30 million funding from IFC

Zydus Pharmaceuticals (USA) Inc., a subsidiary of Zydus Lifesciences received final approval and tentative approval from the United States Food and Drug Administration (USFDA) for Tofacitinib tablets, 5 mg, and 10 mg, respectively.

Zydus Life arm gets USFDA nod for arthritis drug

Sula Vineyards rose 5.44% to Rs 359.40 after a foreign broker initiated coverage on the stock on Tuesday with a 'buy' ratingand a 12-month price target of Rs 475.

Sula Vineyards jumps as foreign broker initiates coverage

Alkem Laboratories Ltd is quoting at Rs 3174.85, up 1.87% on the day as on 12:49 IST on the NSE. The stock is down 13% in last one year as compared to a 0.6% slide in NIFTY and a 13.81% slide in the Nifty Metal index.

Alkem Laboratories Ltd spurts 1.87%


Pursuant to the continuous healthy cash flows, the company has 
further prepaid an amount Rs. 102 crores of the restructured term loans in the 3rd week of March 2023. This is in addition to the regular repayments due after the moratorium of 2 years ended on 
31 August 2022. 


Kuantum Papers prepays Rs 102 cr of restructured term loans

ICICI Lombard General Insurance Company Ltd is quoting at Rs 1084.5, up 0.12% on the day as on 12:44 IST on the NSE. The stock is down 13.41% in last one year as compared to a 0.65% slide in NIFTY and a 5.33% slide in the Nifty Energy.

ICICI Lombard General Insurance Company Ltd up for five straight sessions


This enables SEPC to receive funds directly from MORTH to smoothly execute and complete the project.

SEPC to implement enhanced portion of Chhattisgarh road project


IFC's first investment in an EV manufacturer in the country and the first in electric three-wheelers globally will be in the form of compulsory convertible instruments at a valuation of up to Rs 6,020 crore. The INR 600 crore investment will result in an ownership of between 9.97% to 13.64% for IFC in NewCo.


IFC to invest Rs 600 cr in Mahindra's New Last Mile Mobility Company


Further, the company has entered into a subscription agreement and shareholders agreement with International Finance Corporation (IFC) for investment by IFC of an amount up to Rs 600 crore in Compulsorily Convertible Preference Shares (CCPS) of NewCo, in one or more tranches, in accordance with the terms and conditions as stipulated in the aforesaid Agreement(s), valuing the NewCo at upto Rs. 6,020 crore.


Mahindra & Mahindra update on Last Mile Mobility Business

Sobha fell 4.97% to Rs 493.60 after the real estate developer informed that the Income Tax (I-T) department is carrying out a search at its registered office and other premises.

Sobha tumbles as IT dept raids office, other premises

North Eastern Carrying Corporation Ltd, IZMO Ltd, Shivalik Bimetal Controls Ltd and TVS Electronics Ltd are among the other gainers in the BSE's 'B' group today, 22 March 2023.

Cinevista Ltd leads gainers in 'B' group

Uflex Ltd, Everest Kanto Cylinder Ltd, AGI Greenpac Ltd and Anupam Rasayan India Ltd are among the other gainers in the BSE's 'A' group today, 22 March 2023.

Steel Strips Wheels Ltd leads gainers in 'A' group


At 12:25 IST, the barometer index, the S&P BSE Sensex, was up 121.82 points or 0.21% to 58,196.50. The Nifty 50 index added 34.85 points or 0.29% to 17,142.35.


Sensex adds 123 pts; metal shares advance

The Finance Ministry stated in its latest monthly economic report that despite external headwinds, the Indian economy is estimated to grow at 7 per cent in 2022-23. Real GDP estimates for Q3 of 2022-23 reaffirm the ability of the Indian economy to grow on the strength of its domestic demand even as a rise in global uncertainties slows global output. Growth momentum gathered in Q3 of 2022-23 is likely to be sustained in Q4, as reflected in the performance of High-Frequency Indicators for January/February 2023.

Indian economy to grow on strength of domestic demand despite global uncertainties

Emami rallied 5.77% to Rs 365.55 after the company announced that its board will meet on Friday, 24 March 2023, to consider a share buyback.

Emami jumps as board to mull buyback on 24 March

IPL 2023, Royal Challengers Bangalore vs Lucknow Super Giants Live Updates: This is the 15th match of the season and Faf du Plessis-led side looks to get back to winning ways

Faf Du Plessis and Virat Kohli played pivotal roles as Royal Challengers Bangalore beat Mumbai Indians by eight wickets. Photo: Sportzpics

IPL 2023

Noida (Uttar Pradesh) [India], April 10 (ANI/NewsVoir): Ace is excited to announce the possession of its newest residential project, Ace Parkway, located in the prime location of Noida Expressway in Sector 150. A grand event was organized on Friday, 7th April to celebrate the success of this project. Ace Parkway is now set to redefine the standards of urban living with its thoughtful design, world-class amenities and unmatched location advantages.


Ace Group hosted an event for the success of Ace Parkway Residential Project located at Noida Expressway

Delhi NCR [India], April 10 (ANI/NewsVoir): The Reserve Bank of India (RBI) declared that the repo rate, which remains at 6.5% from the most recent review meeting, has not changed for the first time in the previous 12 months. The RBI has kept the repo rate at its current level. The real estate industry has praised the RBI's shift to a more accommodating posture as a "commendable" action. In the face of rising house loan mortgage rates and property prices, investors who had placed property investments on the back burner would perceive a glimmer of hope that would spur them to action. Let's examine each real estate expert's response to the RBI statement individually.

Does Repo Rate pause mean good times for the real estate sector?

New Delhi [India], April 10 (ANI/SRV): NPST is one of the fastest-growing FinTechs providing services to Banks, Fintechs and NBFC. With promising YoY growth and a vision to scale its business and increase its market share, NPST apart from building its CXO strength has also begun onboarding and working with Industry veterans and experts for their insights and guidance to the organization.

Network People Services Technologies Limited ropes in Malay Mukherjee as an Advisor

Apple has fixed two new zero-day security vulnerabilities exploited in attacks to compromise iPhones, Macs, and iPads, in its latest software update

Apple Inc, Apple

These 5 mid-cap stocks may rise up to 20 per cent, as technical charts reveal positive breakouts

Markets, midcaps, cmallcaps, Budget 2017

It may be too early to say that the political chameleon from Maharashtra is changing colours again

NCP Chief Sharad Pawar addresses a press conference.

Sharad Pawar

Stocks to Watch: Shares of city gas distributors are likely to be in focus today as they react to government's nod for new pricing regime.

stock brokers, Sensex, Nifty, BSE, NSE

Risk weight back to pre-pandemic level of 50%

home loan

Consumer affairs dept deploys advanced tech to ensure compliance

Illustration: Ajay Mohanty

The capped rates which are about a quarter less than the current prices, will lead to CNG and piped cooking gas prices being cut by up to 10 per cent

Natural gas

ElasticRun extends the reach of a brand's direct distribution network to deep rural markets

Sandeep Deshmukh, co-founder & CEO, ElasticRun

The Brihanmumbai Municipal Corporation (BMC) on Friday undertook a demolition drive against five unauthorised film studios in Madh, Erangal and Bhati areas in the Western suburbs.
These studios, located in the P-North ward of the city, fall in the Coastal Regulation Zone (CRZ) and the demolition would be completed within two days, the civic body said in a statement.  A day before, BJP leader Kirit Somaiya had tweeted about likely action by the BMC while claiming that dozens of unauthorized studios worth Rs 1,000 crore had come up there in 2021 when the Uddhav Thackeray-led government was in power in Maharashtra.  After receiving complaints,  officials of the P-North ward conducted
inspection and served legal notices to studio owners, it said.  Of 11 film studios operating illegally in the area, four were dismantled by their owners after getting the notice, two studios obtained required permissions and five studios had secured stay orders.
On April 6, the National Green Tribunal ...

Demolition

AirAsia India and Air India had the -lowest and third-lowest OTPs among 7 major carriers

The Delhi-bound SpiceJet airplane following its emergency landing after it caught fire mid-air, at Jai Prakash Narayan Airport, in Patna (Photo: PTI)

SpiceJet

Maharashtra Chief Minister Eknath Shinde on Friday flagged off a special train to Ayodhya carrying activists of his party Shiv Sena amid fanfare, two days ahead of his own visit to the temple town in Uttar Pradesh.  Sporting a traditional saffron shawl, Shinde, accompanied by his son, Kalyan Lok Sabha MP Srikant Shinde, Kalyan unit in-charge of the Shiv Sena Gopal Landge, local leaders and hundreds of party  activists, showed the green flag to the train at Thane station around 4.40 pm amidst slogans of Jai Shri Ram.  Shiv Sainiks travelling by the special train, which was well decorated with a 'Chalo Ayodhya' board mounted in the front, will welcome their leader when he lands in the town on Sunday.  Amid blowing of trumpets and music bands playing, the CM walked the entire stretch of the platform No. 5  accompanied by hundreds of Shiv Sainiks carrying saffron flags with pictures of Lord Ram and the party's 'bow and arrow' poll symbol printed on them. They also displayed placards ...

Eknath Shinde

Alienating people whose identities are linked to the forest and trees around them is not only unfair, but also short-sighted

forest, jungle, environment, trees

There are worrying signs that in the next decade the Indian diaspora will begin to create more complications for Indian foreign and domestic policy than it hitherto has

India, Indians abroad, Indian diaspora, NRI

Adani Wilmar, which is into edible oil and other food businesses, on Thursday said it achieved nearly 14 per cent growth in volume in the last fiscal, helping the company's revenue to cross Rs 55,000 crore.
The company's total income stood at Rs 54,327.16 crore in the previous year.
Adani Wilmar sells edible oil and other food products under Fortune brand.
In a regulatory filing, Adani Wilmar said, "the company continued its growth story with year-on-year volume growth of close to 14 per cent in FY23, which enabled it to cross Rs 55,000 crore of revenue for the year."
The company made good progress in scaling up its operations and gaining market share across food products, it added.
"The food business is scaling up well in-line with our expectations. We have been making good progress in all enablers like sourcing, manufacturing, distribution, brand building and strengthening the teams for the new products.
"We closed the financial year 2023 with around Rs 3,800 crore of revenue i

Adani Wilmar plans to buy local food brands with funds from upcoming IPO

Adani Wilmar

The real issue may be that the RBI does not really subscribe to the mandate it has been given, and the govt, in a pre-election year, quietly supports such agnosticism, writes T N Ninan

Reserve Bank of India, RBI

The announcements were made in the state Budget to strengthen and increase power generation in the state so that the farmers and general consumers get an uninterrupted power supply

Rajasthan, Janmashtami

Like most people in the nation of 220 million, Ahsan and her husband, who owns a car servicing business, are struggling to cope with a surge in living costs triggered

Pakistan flag

The move will benefit about 4.8 million central government employees and 6.9 million pensioners. The decision will be effective from 1 January, 2023

Anurag Thakur

Product inflation and soaring shipping costs are making the service unsustainable as the prospect of recession threatens to wallop already-flagging online spending

Capital Market

Capital Market

Page 3 - Capital Market

NBCC (India)'s subsidiary HSCC (India) wins orders worth Rs 478.41 cr

Energy shares edge lower

Consumer Durables stocks slide

Metal shares fall

Nifty above 17,100 level, European mkt opens higher

JK Tyre & Industries secures $ 30 million funding from IFC

Nifty above 17,100 level, European mkt opens higher

Zydus Life arm gets USFDA nod for arthritis drug

Sula Vineyards jumps as foreign broker initiates coverage

Alkem Laboratories Ltd spurts 1.87%

Kuantum Papers prepays Rs 102 cr of restructured term loans

ICICI Lombard General Insurance Company Ltd up for five straight sessions

SEPC to implement enhanced portion of Chhattisgarh road project

IFC to invest Rs 600 cr in Mahindra's New Last Mile Mobility Company

Mahindra & Mahindra update on Last Mile Mobility Business

Sobha tumbles as IT dept raids office, other premises

Cinevista Ltd leads gainers in 'B' group

Steel Strips Wheels Ltd leads gainers in 'A' group

Sensex adds 123 pts; metal shares advance

Indian economy to grow on strength of domestic demand despite global uncertainties

In this Section

All

Rcb vs lsg live score ipl 2023 match 15 bengaluru live blog and updates

Ace Group hosted an event for the success of Ace Parkway Residential Project located at Noida Expressway

Does Repo Rate pause mean good times for the of ITME AFRICA & M.E. 2023

Network People Services Technologies Limited ropes in Malay Mukherjee as an Advisor

Apple fixes 2 zero-day bugs exploited to hack iPhones, Macs in new update

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The Pawar gambit: Why did the Maratha strongman come to Adani's defence?

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Govt to ask wellness, health influencers to display qualification