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Market rises for 2nd day; broader market outperforms

Key equity indices advanced for the second session and closed near the day s high with strong gains on Tuesday. The Nifty managed to close above the crucial 14,900 mark. Barring the Nifty PSU Bank index, all other sectoral indices on the NSE ended in the green. Positive development surrounding global COVID-19 vaccination programmes and stabilizing US Treasury yields boosted sentiment. Buying was also triggered as India s GST collection for the month of February stood above the Rs 1 lakh crore mark for the fifth straight month, cementing the signs of economic recovery. As per the provisional, the barometer index, the S&P BSE Sensex, rose 447.05 points or 0.9% at 50,296.19. The Nifty 50 index surged 157.55 points or 1.07% at 14,919.10.

United statesNew zealandTamil naduBharti airtelRavi shankar prasadJio infocommGlaxosmithkline imitrexMinistry of railwaysOil indiaDrug administrationMinistry of healthIndian railway cateringDepartment of telecomTourism corporationEicher motorsBharat petroleum corporation

Bajaj Healthcare Limited receives consent from MPCB to resume operations at Tarapur Unit

Bajaj Healthcare Limited receives consent from MPCB to resume operations at Tarapur Unit Posted On: 2021-03-02 03:15:55 (Time Zone: Arizona, USA) Bajaj Healthcare Limited (BHL) a leading manufacturer of APIs, Intermediates and Formulations, has received consent from Maharashtra Control Board (MPCB) to resume its operations at Tarapur Unit, Plot No.: N-178, MIDC Tarapur, Boisar. Maharashtra Pollution Control Board ( MPCB ) had issued a notice on 14th January, 2021 to BHL directing the closure of operations at its unit situated at Plot No. N-178, MIDC, Tarapur, Boisar - 401506 for alleged violation of the provisions of Water (Prevention and Control of Pollution) Act 1974, Air (Prevention and Control Pollution) Act 1981 and the Rules made thereunder and furtherance to company s letter dated January 15, 2021.

United statesBajaj healthcareBajaj healthcare limitedBajaj healthcare ltdHealthcare limitedTime zoneMaharashtra control boardTarapur unitPollution control boardControl pollutionMaharashtra pollution control boardMutual fundsNew issuePublic issueRights issueStock markets

Bajaj Healthcare gains on receiving nod to restart Tarapur unit

Bajaj Healthcare rose 3.80% to Rs 495 after the company received consent from Maharashtra Control Board (MPCB) to resume its operations at Tarapur unit in Maharashtra. The MPCB had issued a notice on 14 January 2021 to the company directing the closure of operations at its Tarapur unit for alleged violation of the provisions of Water (Prevention and Control of Pollution) Act 1974, Air (Prevention and Control Pollution) Act 1981 and the Rules made thereunder. MPCB vide its letter dated 1 March 2021 gave its consent to the company for restarting manufacturing activities at its unit situated at MIDC Tarapur. Bajaj Healthcare is a leading manufacturer of APIs, intermediates and formulations. The company s net profit surged to Rs 326.1% to Rs 26.42 crore on a 79.6% to Rs 178.33 crore in Q3 FY21 over Q3 FY20.

Bajaj healthcareMaharashtra control boardControl pollutionCapital marketStates and union territories of indiaNifty 50Bse sensexBajaj groupAdministrative divisions of indiaPharmaceuticals necManufacturing activitiesபஜாஜ் சுகாதாரம்மகாராஷ்டிரா கட்டுப்பாடு பலகைகட்டுப்பாடு பொல்யூஶந்மூலதனம் சந்தைமாநிலங்களில் மற்றும் தொழிற்சங்கம் பிரதேசங்கள் ஆஃப் இந்தியா

Sensex reclaims 50K mark, Nifty ends above 14,900 on fag-end buying

Sensex reclaims 50K mark, Nifty ends above 14,900 on fag-end buying
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United statesNew zealandTamil naduBharti airtelLarsen toubro infotechRavi shankar prasadJio infocommGlaxosmithkline imitrexDepartment of telecom doMinistry of railwaysOil indiaDrug administrationMinistry of healthDepartment of telecomBajaj autoEicher motors