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NSE, BSE extend trading hours till 5 PM


The pre open will take place between 3:30 PM and 03:38 PM.Normal trading will resume at 03:45 PM and shut at 05:00 PM.
The cash and futures markets of the National Stock Exchange (NSE) were shut in the morning due to a technical glitch.
In a tweet, NSE India on Wednesday notified: NSE has multiple telecom links with two service providers to ensure redundancy. We have received communication from both the telecom service providers that there are issues with their links due to which there is an impact on NSE system.
We are working on restoring the systems as soon as possible. In view of the above, all the segments have been closed at 11:40 and will be restored as soon as issue is resolved. ....

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Goa Carbon temporarily shuts Bilaspur plant for maintenance


Goa Carbon said its Bilaspur unit in Chhattisgarh has been temporarily shut for maintenance work from 24 February 2021.
Goa Carbon is engaged in the manufacture and sale of calcined petroleum coke. The firm is a supplier to aluminum smelters, graphite electrode and titanium dioxide manufacturers, as well as other users in the metallurgical and chemical industries.
The company reported net loss of Rs 1.31 crore in the quarter ended December 2020 as against net loss of Rs 4.12 crore during the previous quarter ended December 2019. Sales declined 24.03% to Rs 81.20 crore in Q3 FY21 over Q3 FY20.
The scrip rose 2.45% to Rs 335 on the BSE. It traded in the range of 327.05 and 350.30 so far during the day. ....

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GAIL (India) to acquire NTPC's 14.82% stake in Konkan LNG


To sell 25.51% stake in Ratnagiri Gas and Power to NTPCGAIL (India) has executed Share Purchase Agreements with NTPC on 23 February 2021.
a) Purchase of NTPC s entire shareholding (14.82%) in Konkan LNG (KLL).
Consequently, GAIL s shareholding in KLL increased to 92.15%.
b) Sale of GAIL s entire shareholding (25.51%) in Ratnagiri Gas and Power (RGPPL) to NTPC. Consequently, GAIL s shareholding in RGPPL reduced to NIL.
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Rajasthan budget: Cong calls it welfare-oriented, BJP says disappointing


The ruling Congress in Rajasthan welcomed the state budget presented on Wednesday by Chief Minister Ashok Gehlot as a welfare-oriented one while the opposition termed it disappointing.
Congress leaders said every section has been appropriately focused in the budget. The BJP leaders, though, said it did not live up to the expectations of people.
Health Minister Raghu Sharma praised the budget, saying that it is an unprecedented one for overall development. He said the budget dedicated to health will fulfill the dream of a healthy Rajasthan.
Sharma said several innovations in medicine and health have been announced in the budget. We will present a unique example in the country by bringing a bill to provide the Right to Health to All. ....

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