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Jaiprakash Power Ventures Ltd pre-pays loans amounting to Rs. 299.51 crores

Jaiprakash Power Ventures Ltd pre-pays loans amounting to Rs. 299.51 crores Posted On: 2021-04-01 04:09:37 (Time Zone: Arizona, USA) Jaiprakash Power Ventures Ltd earlier this week has pre-paid its Long Term Loans/Working Capital Loans amounting to Rs. 299.51 Crs. These pre-payments were made through sale proceeds of Companys 74% stake in Jaypee Powergrid Limited. This is in line with the Companys endeavor to continue to reduce its debt. Further, CRISIL and ACUITE, both rating agencies, ha...
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Barometers trade in range; Services PMI stands at 55.3

Benchmark indices traded in a narrow range near the days high in mid morning trade. The Nifty traded above the 15,050 level. Barring the Nifty Auto index, all the sectoral indices on the NSE were trading in the green. At 11:25 IST, the barometer index, the S&P BSE Sensex, was up 462 points or 0.92% at 50,758.64. The Nifty 50 index surged 152.35 points or 1.02% at 15,071.70. In broader market, the S&P BSE Mid-Cap index was up 1.15% while the S&P BSE Small-Cap index rallied 1.56%. The market brea...
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Jaiprakash Power to divest 74% in JV unit

Jaiprakash Power Ventures (JPVL) on Tuesday said its board has approved disinvestment of 74% stake in Jaypee Powergrid to Power Grid Corporation of India (PGCIL).Jaypee Powergrid (JPL) is a joint venture of PGCIL and JPVL. The transaction would not fall under related party transactions. The amount of consideration will be informed on execution of share purchase agreement and the transaction is expected to be completed by 31 March 2021. On a consolidated basis, Jaiprakash Power Ventures reporte...
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Market Ahead, March 3: All you need to know before the Opening Bell

In the overnight session, Wall Street ended lower, pulled down by losses in Apple and Tesla. The Dow Jones Industrial Average fell 0.46%, the S&P 500 lost 0.81% and the Nasdaq Composite dropped 1.69%. Meanwhile, in Asia, the stocks were trading marginally higher as investors shrugged off concerns that stocks may have rallied too far too fast in the past year and focused instead on optimism that more imminent US stimulus will energise the global economic recovery. Australia’s S&P/ASX 200 in...
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Stocks in news: RIL, Airtel, Vi, YES Bank, Ircon International, Ruchi Soya, Ion Exchange

Stocks in news: RIL, Airtel, Vi, YES Bank, Ircon International, Ruchi Soya, Ion Exchange Shares of YES Bank, Reliance, Airtel, Vodafone Idea, Ircon International, Ruchi Soya, Ion Exchange will be in focus in Wednesdays trading session BusinessToday.In | March 3, 2021 | Updated 09:13 IST Sensex, Nifty seen opening flat on Wednesday The Indian benchmark indices are likely to open on flat note today, tracking mixed global cues. While Wall Street ended lower in overnight trade, Asian peers edged h...
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Nifty, Sensex to log in more gains – Wednesday closing report

Nifty, Sensex to log in more gains – Wednesday closing report Moneylife Digital Team  0 We had mentioned in Tuesday’s closing report that Nifty, Sensex may continue to rise. On Wednesday, the indices opened higher and rallied with major gains. On the NSE, there were 1,201 advances, 735 declines and 85 unchanged.   The trends of the major indices in the course of Wednesday’s trading are given in the table below:     Engineers India was awarded a project by Indian Oil Corporation with ...
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Stocks in news: Tata Motors, Airtel, Vodafone, PowerGrid, ONGC, Godrej Industries

Stocks in news: Tata Motors, Airtel, Vodafone, PowerGrid, ONGC, Godrej Industries Stocks to watch today on February 15:  Tata Motors, Airtel, Vodafone, PowerGrid, ONGC, Godrej Industries among others are the top stocks to watch out for in Mondays trading session BusinessToday.In | February 15, 2021 | Updated 10:03 IST Stocks to watch today: Jet Airways, Alora Trading Company, Advance Syntex, CDG Petchem, Emmsons International, Eureka Industries are among the top companies that will be report...
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Barometers trade in range; breadth remains positive

Read more about Barometers trade in range; breadth remains positive on Business Standard. Benchmark indices traded in a range during early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, surged 561.32 points or 1.09% at 51,105.62. The Nifty 50 index soared 145.40 points or 0.96% at 15,308.70.
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