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April 20, 2021
Key equity indices further pared gains in mid-morning trade. Metal stocks were trading firm. The Nifty held above the 14,400 mark. Positive cues from other Asian stock markets boosted investors sentiment. At 11:22 IST, the barometer index, the S&P BSE Sensex, was up 129.51 points or 0.27% to 48,078.93. The Nifty 50 index added 46.85 points or 0.33% to 14,406.30. In the broader market, the S&P BSE Mid-Cap index gained 1.47% while the S&P BSE Small-Cap index rose 1.17%. The market breadth was ...
April 13, 2021
Read more about Hindustan Copper allots 4.18 cr equity shares under QIP issue on Business Standard. Pursuant to the allotment, the paid up share capital of the company has increased to Rs 483.51 crore comprising of 96,70,24,020 equity shares of Rs 5 each.
April 4, 2021
The oil ministry will seeks tens of millions of dollars from Vedantas Cairn Oil & Gas after the Delhi High Court held that the firm was liable to pay higher profit share to the government in lieu of its Rajasthan oil and gas block license being extended beyond initial term, a top official said. In the interim, the firms Barmer basin block licence, whose initial 25-year term ended on May 15, 2020, has been given an eighth interim extension, the official, who wished not to be identified, said. ...
April 1, 2021
Prestige Estates Projects Ltd registered volume of 3.35 lakh shares by 10:48 IST on BSE, a 10.48 fold spurt over two-week average daily volume of 32009 shares Vedanta Ltd, Gillette India Ltd, IIFL Wealth Management Ltd, Caplin Point Laboratories Ltd are among the other stocks to see a surge in volumes on BSE today, 01 April 2021. Prestige Estates Projects Ltd registered volume of 3.35 lakh shares by 10:48 IST on BSE, a 10.48 fold spurt over two-week average daily volume of 32009 shares. The sto...
March 17, 2021
The scope includes complete Design & Engineering, Supply, Erection and Commissioning of Alumina Handling System, for refinery expansion. The Company continues to be actively involved in bidding for both FGD (Flue Gas Desulpharisation) and MHS (Material Handling System) projects. In the case of FGD Projects, the company is bidding directly as well as jointly with other EPC companies and remains hopeful to win some of these projects as and when they are decided. Powered by Capital Market - Live ...
March 12, 2021
Read more about India Grid Trust to mull raising debt on 16 March on Business Standard. The board of India Grid Trust will meet on Tuesday, 16 March 2021, to consider raising debt through various sources.
March 9, 2021
The National Green Tribunal has held that Vedantas mining plant in Dharbandora area in Goa cannot operate without obtaining Environment Clearance (EC). A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said the recommencement of the plant in 2019 can only be done after obtaining EC. "Accordingly, we hold that the application is maintainable and requirement of prior EC for operating the plants in question by Respondent no. 4 (Vedanta) is attracted. The Ministry of Environment and Fo...
March 9, 2021
British oil firm Cairn Energy Plc on Tuesday said it has identified Indian sovereign assets overseas, which it can seize in the event of New Delhi failing to return over USD 1.7 billion that an international arbitration tribunal has ordered after rescinding a retrospective tax demand. "Cairn is extremely confident that satisfaction of the award will be achieved either by negotiated settlement or by enforcement against Indian assets," the firm said in its 2020 annual earnings statement. The f...
March 8, 2021
Read more about IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 cr on Business Standard. India Grid Trust signed a share purchase agreement to acquire NER-II Transmission from Sterlite Power as part of the framework agreement.
March 6, 2021
Read more about India Grid Trust to acquire NER-II Transmission from Sterlite Power on Business Standard. For indicative value of Rs 4625 crore