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Read more about Phoenix Mills-Canada Pension Plan JV to develop retail centre at Alipore on Business Standard. CPP Investments will commit to investing approximately INR 5.6 billion (C$93 million) in Mindstone Mall Developers (Mindstone) in tranches, for an ultimate equity stake of 49%. With the funds invested by CPP Investments and PML, Mindstone will
Stocks to watch today on February 10: Berger Paints, Torrent Power, Tata Steel, Interglobe Aviation, Glenmark Pharma among others are the top stocks to watch out for in Wednesday's trading session
Tata Steel reported 54.03% drop in consolidated net profit to Rs 1,565.41 crore on 7.4% rise in total income to Rs 37,531.67 crore in Q3 December 2020 over Q3 December 2019. Berger Paints India reported 50.7% surge in consolidated net profit to Rs 274.80 crore on 24.83% rise in total income to Rs 2,134.80 crore in Q3 December 2020 over Q3 December 2019. Glenmark Pharmaceuticals said that the meeting of the board of directors of the company is scheduled on 12 February 2021, to consider repurchase of foreign currency debt. The Phoenix Mills Limited (PML) said its wholly owned subsidiary Mindst...
Linde India rose 1.54% to Rs 1,057.05 after the company informed about sale of land and buildings of the closed factory at Kolkata. The company has on 9 February 2021 after obtaining all necessary regulatory approvals, sold and disposed of land and buildings pertaining to its closed factory (Packaged Gases Plant) at Diamond Harbour Road, Kolkata for an aggregate consideration of Rs 300 crores to Mindstone Mall Developers, Mumbai. The operations of the erstwhile Packaged Gases Plant (factory) at Diamond Harbour Road, Kolkata were earlier shifted to the site at Uluberia, Howrah. Linde India i...
Amid initial volatility, the key benchmark indices are trading near flat line in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 9.26 points or 0.02% at 51,319.82. The Nifty 50 index was up 5.90 points or 0.04% at 15,115.20. The S&P BSE Mid-Cap index was up 0.31%. The S&P BSE Small-Cap index was up 0.16%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1183 shares rose and 793 shares fell. A total of 103 shares were unchanged. Stocks in news: Tata Steel rose 1.59%. The company reported 54.03% drop in consolidated net profit...