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April 9, 2021
Domestic stocks are trading with small losses in early trade amid mild volatility. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 45.97 points or 0.09% at 49,700.24. The Nifty 50 index was down 6 points or 0.04% at 14,867.80. The S&P BSE Mid-Cap index was up 0.26%. The S&P BSE Small-Cap index was up 0.69%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1349 shares rose and 723 shares fell. A total of 98 shares were unchanged. Stocks in n...
April 9, 2021
Infosys announced a strategic long -term collaboration with ArcelorMittal, the worlds leading steel and mining company. ArcelorMittal has chosen Infosys to help accelerate the companys digital transformation journey and enable next-generation application management and business process management (BPM) services for ArcelorMittal Europe. CEAT has entered into a Third Addendum Agreement to the existing Share Subscription and Shareholders Agreement with Tyresnmore Online Private Limited (associate...
March 17, 2021
Mumbai: Paper stocks outshone in a choppy market on Tuesday following the government’s draft regulation under which there can be a ban on single-use plastic for candy and ice cream sticks as well as film wraps around sweet boxes and cigarette packets. Astron Paper & Board Mill, West Coast Paper Mills, Tamil Nadu Newsprint, Star Paper Mills, Orient Paper and Industries and Emami Paper ended up 4-20 per cent. Malu Paper Mills gained 5.2 per cent and Seshasayee Paper & Boards gained 3.6 per cent...
March 16, 2021
Explore Now Nifty futures on the Singapore Exchange traded 38 points, or 0.25 per cent, higher at 14,988 in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in todays trade: Tata Communications: The government said it will sell up to 16.12 per cent stake in Tata Communications through an Offer for Sale starting on Tuesday at the floor price of Rs 1,161 per equity share. As part of its exit plan from Tata Communications, the gover...
March 16, 2021
Shares of paper manufacturers were in demand for the second straight session on Tuesday and rallied up to 20 per cent on the BSE in intra-day trade following the governments draft regulation under which there can be a ban on single-use plastic for candy and ice cream sticks, film wraps around sweet boxes and cigarette packets, etc. Emami Paper was locked in the upper circuit of 20 per cent at Rs 116.55 on the BSE. A combined 475,000 equity shares had changing hands on the counter so far and t...
March 16, 2021
Here are the top stocks that are likely to be in focus today: Tata Communication: Offer for sale (OFS) to divest government’s shareholding in Tata Communications will open Tuesday for institutional investors. The government will sell its 10 per cent stake held in erstwhile VSNL, with an option to sell an additional 6.12 per cent stake. The floor price has been set at Rs 1,161, a 9.8 per cent discount to Mondays closing price. AU Small Finance Bank: The lender has raised Rs 625.50 crore throug...
March 8, 2021
Business digest: Best New Zealand Non-Bank of the Year awarded 7 Mar, 2021 09:00 PM 11 minutes to read Bay of Plenty Times New Zealand-owned First Mortgage Trust is celebrating its 25 year anniversary with the announcement it has been judged the best New Zealand Non-Bank of the Year. This award comes on the back of last years achievement, when the trust reported it had more than $1 billion of investor funds under management, a figure which firmly cemented it as the largest no...
March 7, 2021
Business digest: Best New Zealand Non-Bank of the Year awarded 7 Mar, 2021 09:00 PM 11 minutes to read Bay of Plenty Times New Zealand-owned First Mortgage Trust is celebrating its 25 year anniversary with the announcement it has been judged the best New Zealand Non-Bank of the Year. This award comes on the back of last years achievement, when the trust reported it had more than $1 billion of investor funds under management, a figure which firmly cemented it as the largest no...
February 25, 2021
‘’This is despite New Zealand’s competitive advantage of having one of the world’s largest sustainable plantation forests and renewable energy.’’ At the site this week, more than 200 workers were in shock over this weeks news that the 80-year old mill might close. Raymond Wheeler, a spokesman for E tū Union, said emotions on the site were running high. Some people were angry, others who were older were more philosophical and would walk away with a good redundancy and pension. ...
February 23, 2021
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