H. G. Infra Engineering announced that it has received completion certificate for an EPC project in Rajasthan awarded under Bharatmala Pariyojna.

H. G. Infra gets completion certificate for Rajasthan project

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NTPC said that its wholly owned subsidiary, NTPC Green Energy (NGEL) signed a joint venture agreement with Indian Oil Corporation (IOCL) for setting up of renewable energy projects to meet round the clock power requirement of IOCL refineries.

NTPC arm inks pact with IOCL to set up renewable energy projects

Zydus Lifesciences said that the United States Food and Drug Administration (US FDA) has granted 'orphan drug designation' (ODD) to ZYIL1, for treatment of patients with Cryopyrin Associated Periodic Syndrome (CAPS).

US FDA grants 'orphan drug designation' to Zydus' CAPS treatment medicine ZYIL1

The drug major on Monday announced that its alliance partner, Caplin Steriles received final approval from the United States Food and Drug Administration (USFDA) to market Rocuronium Bromide Injection and Thiamine Hydrochloride Injection USP.

Lupin's partner receives USFDA approval for 2 drugs

Larsen and Toubro (L&T) rose 1% to Rs 2,200 after the company's hydrocarbon business, L&T Energy Hydrocarbon (LTEH), has secured major orders from an overseas client.

L&T gains after hydrocarbon biz bags major overseas orders

For treatment of patients with Cryopyrin Associated Periodic Syndrome

USFDA grants Orphan Drug Designation for Zydus's ZYIL1

Aarti Drugs Ltd witnessed volume of 98415 shares by 10:47 IST on BSE, a 3.34 times surge over two-week average daily volume of 29431 shares

Volumes jump at Aarti Drugs Ltd counter

Blue Star advanced 1.05% to Rs 1463.45 after the company announced that it has secured Railway Electrification orders totalling Rs 575 crore, thereby successfully expanding its presence in the Railways segment.

Blue Star gains on wining orders worth Rs 575 crore in Railway Electrification space

H.G. Infra Engineering completes project for Delhi-Vadodara Expressway


At 10:29 IST, the barometer index, the S&P BSE Sensex, was up 340.21 points or 0.59% to 57,969.16. The Nifty 50 index added 87.35 points or 0.51% to 17,075.75.


Sensex adds 340 pts; media shares advance

Rail Vikas Nigam (RVNL) gained 1.15% to Rs 65.33 after the company announced the formation of a joint venture with Jakson Green for global clean energy engineering, procurement, and construction (EPC) projects.

RVNL rises on forming JV for global clean energy EPC projects

UTI Asset Management Company (UTI AMC) surged 7.02% to Rs 682.25 after PPFAS Mutual Fund on Monday bought 0.88% stake in the company through a block deal.

UTI AMC jumps after PPFAS MF buys stake


The provisional payroll data of Employees' Provident Fund Organisation (EPFO) highlights that EPFO has added 14.86 lakh net members in the month of January, 2023. Out of 14.86 lakh members added during the month, around 7.77 lakh new members have come under ambit of EPFO for the first time. Among the newly joined members, highest enrolment is registered in the age-group of 18-21 years with 2.26 lakh members, followed by the age-group of 22-25 years with 2.06 lakh members. The age-groups of 18-25 years constitutes 55.52% of total of new members during the month. This indicates that majority of the members are first-time job seekers joining organised sector workforce of the country. For the month of January, 2023 only 3.54 lakh members have exited the fold of EPFO. This is the lowest exit in the last four months.


EPFO adds 14.86 lakh members in January


NTPC, through its wholly owned subsidiary, NGEL, has set an ambitious target of building a renewable generation portfolio of 60 GW over the next decade to aggressively pursue its green energy 
business. 

NTPC Green Energy signs JV agreement with Indian Oil Corporaiton

J Kumar Infraprojects rose 2.35% to Rs 244.20 after the company's joint venture, J Kumar-AICPL received a letter of acceptance from Bangalore Metro Rail Corporation for construction of airport depot for Bangalore Metro Rail Project - Phase - 2B.

J Kumar Infra gains after JV bags LoA from Bangalore Metro Rail Corporation

Basic materials  stocks were trading in green, with the S&P BSE Commodities index rising 26.28 points or 0.53% at 4942.1 at 09:47 IST.

Basic materials  shares edge higher

Consumer Durables stocks were trading with gains, with the S&P BSE Consumer Durables index increasing 269.62 points or 0.72% at 37744.7 at 09:47 IST.

Consumer Durables stocks rise

Telecom stocks were trading in the positive zone, with the S&P BSE Telecommunication index rising 15.39 points or 1.01% at 1535.62 at 09:47 IST.

Telecom shares gain


Towards this step, the Board of Directors of IDFC and IDFC Financial Holding Company (IDFC FHCL), at their respective meetings held on 18 March 2023, have approved: 


IDFC update on merger with IDFC First Bank

Union Minister of Commerce and Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal highlighted that the journey from India@75 to India@100 needs an efficient logistics ecosystem to drive us through Amrit Kaal to become Atmanirbhar Bharat. The efforts of infrastructure development through several inisitatives such as Bharatmala, Sagarmala, Dedicated Freight Corridor (DFC) and the revolutionary PM GatiShakti Initiative, will bring down India's Logistics cost from double digit to single digit. He suggested taking note of India's geography, terrain, size and complexities, trade volume and value etc while calculating the logistics cost.

India set to become 3rd largest country in coming 2-3 years


The scope of work comprises engineering, procurement, construction & installation of offshore structures and upgradation of existing facilities. 

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