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Mastek Ltd to provide corporate guarantees to Mastek Arabia - FZ LLC

Mastek Ltd to provide corporate guarantees to Mastek Arabia - FZ LLC
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Mastek-arabia , Board-of-directors-mastek-ltd , Corporate-guarantee-to-bank , Mastek-ltd , Time-zone , Corporate-guarantees , Step-down-subsidiary , Corporate-guarantee , Advance-payment-guarantees , Mastek-limited ,

Shalby Ltd arm increases stake in Singapore arm

Shalby Ltd arm increases stake in Singapore arm
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Singapore , Shalby-ltd , Mars-medical-devices , Subsidiary-of-the-company , Shalby-ltd-subsidiary-mars-medical-devices-limited , Time-zone , Mars-medical-devices-limited , Step-down-subsidiary , Shalby-limited ,

Gayatri Tissue & Papers Ltd to market coal in India on commission basis

Gayatri Tissue & Papers Ltd to market coal in India on commission basis
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

India , Agency-agreement , Gayatri-tissue-papers-limited , Vr-commodities-private-limited , Gayatri-tissue-papers-ltd , Papers-ltd , Time-zone , Papers-limited , Private-limited , Step-down-subsidiary ,

Patel Engineering, Manali Petrochemicals to Tour & Travel Stocks- here are top Buzzing Stocks today

At 12:55 pm, the S&P BSE Sensex was trading with a gain of 116.25 points or 0.19% at 60,164.72 while the Nifty 50 index was trading 22.85 points or 0.13% up at 17,876.05. Get more Markets News and Business News on Zee Business.

Hindustan , India-general- , India , Malaysia , Manali , Tamil-nadu , United-states , Karnataka , Abu-dhabi , Abuz-aby , United-arab-emirates , United-kingdom

Nava Bharat Ventures provides operations update


Nava Bharat Ventures announced the recent developments concerning the operations of the company and its subsidiaries as under:
I. The Company has engaged with the local Power Utility in Odisha and has been able to resolve the long pending metering and connectivity issue of the 60MW IPP in Odisha pending disposal of the legal case before the Hon'ble High Court for final settlement. This paves way for operationalizing this 60 MW IPP, which remained idle for several years, over the next two month period.
2.
Further, the 150 MW IPP of 100% subsidiary, Nava Bharat Energy India, Telangana, which was shut down in FY 2021, has resumed power generation following improved merchant power market and is now exporting power through Power Exchange.

Maamba , Northern , Zambia , Telangana , Andhra-pradesh , India , Odisha , Orissa , Nava-bharat-energy-india , Honble-high-court , Power-exchange

Cipla liquidates wholly-owned unit as part of internal reorganisation


Drug major Cipla on Saturday said it has voluntarily liquidated a wholly-owned step-down subsidiary.
This liquidation was a part of internal reorganisation and it will not affect performance or revenue of the company, Cipla said in a BSE filing.
"Cipla (UK) Ltd, a wholly owned subsidiary of Cipla (EU) Ltd and a wholly -owned step down subsidiary of the company, has been voluntarily liquidated with effect from March 5, 2021," the Mumbai-based drug firm said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Mumbai , Maharashtra , India , Cipla-united-kingdom-ltd , Cipla-eu-ltd , Cipla , United-kingdom , Nifty-50 , Companies , Economy-of-india , Industry-economics

Benchmarks near day's low; breadth weak


The equity barometers were trading near the day's low in afternoon trade. The Nifty was hovering below 14,800 mark. Rising COVID-19 cases and negative global cues triggered selling in domestic shares.
At 13:20 IST, the barometer index, the S&P BSE Sensex, skid 796.37 points or 1.56% at 50,093.39. The Nifty 50 index lost 207.35 points or 1.38% at 14,774.40.
Reliance Industries (down 2.50%), HDFC (down 2.90%) and TCS (down 3.18%) were major drags.
Selling was broad based. The S&P BSE Mid-Cap index slipped 1.11%. The S&P BSE Small-Cap index fell 0.63%.
Sellers outnumbered buyers. On the BSE, 1,026 shares rose and 1,876 shares fell. A total of 165 shares were unchanged. In Nifty 50 index, 11 stocks advanced while 39 stocks declined.

India , China , Grand-cayman , 00 , Cayman-islands , United-kingdom , Reddy-laboratorie , Mahindra , Narayana-hrudayalaya , Nancy-pelosi , Prevacid-solutab , Union-health-ministry

Indices regain positive zone amid volatility


Volatility struck bourses in early trade as the key indices once again regained positive zone soon after erasing early gains. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 50.16 points or 0.1% at 50,939.92. The Nifty 50 index was up 2.90 points or 0.02% at 14,984.65.
The S&P BSE Mid-Cap index was up 0.11%. The S&P BSE Small-Cap index was up 0.27%.
The market breadth, indicating the overall health of the market, is positive. On the BSE, 1180 shares rose and 889 shares fell. A total of 122 shares were unchanged.
Stocks in news:
NTPC rose 0.38%. NTPC informed that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation with effect from 20 February 2021.

China , Netherlands , Grand-cayman , 00 , Cayman-islands , Narayana-hrudayalaya , Nancy-pelosi , Pinnacle-life-science , International-free-zone-authority , Health-city-cayman-islands , Camana-bay-development , Commercial-operation

Narayana Hrudayalaya gains on expansion in Cayman Islands


Narayana Hrudayalaya rose 1.89% to Rs 467.30 after the company said its subsidiary, Health City Cayman Islands, is expanding to a new location in the Camana Bay Development area of Grand Cayman.Health City Cayman Islands (HCCI), the step-down subsidiary of the company running an existing hospital in the Cayman Islands is expanding to a new location in the Camana Bay Development area of Grand Cayman, the largest of the three islands which constitutes the self-governing territory of Cayman Islands.
HCCI is currently offering tertiary healthcare services to medical tourists and Caymanians from its existing unit in East End, which is located about 30 KMs away from George Town, the capital and hub of prominent activity of the nation.

Cayman-islands , Grand-cayman , 00 , Cayman , Narayana-hrudayalaya , Health-city-cayman , Camana-bay-development , Cayman-health-city-islands , Health-city-cayman-islands , Grand-cayman-health-city-islands , East-end , Georgetown