Jeh Wadia, whose term expired on March 31, has held the position since April 2011. In keeping with the objective of professionalisation of the management, Jeh Wadia, MD of The Bombay Dyeing and Manufacturing Company Ltd has stepped down and will not be renewing his contract as Managing Director of the company which has expired on March 31, 2021, the company said in a regulatory filing. It further said CEO Suresh Khurana and CFO Hitesh Vora would look after the day-to-day management and work under the supervision of Minnie Bodhanwala, a Director of the company. Besides, the Strategic Committee of the board of directors of the company comprising its Chairman Nusli N Wadia and independent directors
NTPC announced that based on achievement of approved norms, Unit-2 of 660 MW capacity of Nabinagar Super Thermal Power Project (3 x 660 MW) of Nabinagar Power Generating Co. (a wholly owned subsidiary of NTPC ) has successfully completed trial operation and consequently included in the installed capacity of NTPC Group w.e.f. 31 March 2021.
With this, the total installed capacity of NTPC group has become 65150 MW respectively.
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out
Redington India Ltd, Metropolis Healthcare Ltd, Kennametal India Ltd and Coromandel International Ltd are among the other losers in the BSE s A group today, 01 April 2021.
Redington India Ltd, Metropolis Healthcare Ltd, Kennametal India Ltd and Coromandel International Ltd are among the other losers in the BSE s A group today, 01 April 2021.
APL Apollo Tubes Ltd lost 5.83% to Rs 1318.9 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 10011 shares were traded on the counter so far as against the average daily volumes of 19193 shares in the past one month.
Redington India Ltd tumbled 3.54% to Rs 183.95. The stock was the second biggest loser in A group.On the BSE, 17547 shares were traded on the counter so far as against the average daily volumes of 55204 shares in the past one month.
Bharat Petroleum Corporation announced that a share purchase agreement has been signed on 31 March 2021 between BPCL, Bharat Oman Refineries (BORL) and OQ S. A. O.
C ( OQ formerly known as Oman Oil Company S. A. O. C) for BPCL s acquisition of 888,613,336 (36.62%) of equity shares in BORL from OQ for a consideration of Rs 2,399.26 crore.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with c
Reliance Industries (RIL) fell 1.71% to Rs 2064.45, extending decline for the sixth day in a row.
Shares of the index heavyweight have lost 5.78% in six sessions from its recent closing high of Rs 2,191.10 recorded on 8 March 2021.
In the past six months, the stock has declined by 10.20% while the benchmark Sensex had gained 28.48% during the same period.
On the technical front, the stock s RSI (relative strength index) stood at 46.424. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock was trading above its 50-day, 100-day and 200-day daily simple moving average (SMA) placed at 2022.79, 2003.50 and 2009.43, respectively.