Jain Irrigation shares jump over 10% on Rivulis deal
Shares of Jain Irrigation Systems Ltd on Wednesday jumped over 10 per cent after the company said its global irrigation business will be merged with Temasek-owned Rivulis in a cash-and-stock deal, a move that will help the firm to reduce its consolidated debt. The stock jumped 17 per cent to Rs...
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73% of sellers in India rely on sales technology at least once a week: Report
23 June 2022 | PTI -
Gold declines Rs 205; silver down by Rs 926
23 June 2022 | PTI -
Gold declines `205; silver down by ` 926
23 June 2022 | PTI -
Rupee plunges by 27 paise to record low of 78.40 against US dollar
23 June 2022 | PTI -
Sebi sends `5 lakh notice to Future Enterprises in disclosure lapses case
23 June 2022 | PTI -
Shah to address national conclave on urban cooperative banks today
23 June 2022 | PTI -
Markets fall after 2-day breather amid weak global cues
23 June 2022 | PTI
Nifty to slide to 14,500 by year-end: BofA Securities
Indian equities will bottom-out only in August or September and the 50-share benchmark Nifty will fall by another 6 per cent to 14,500 points by the end of this year, an American brokerage said on Wednesday. A cut in companies' earnings as the advantage from cheaper inventory buffer wears off, continuing...
AP govt clears Adani green energy projects worth Rs 15,740 cr
In a boost to the green energy sector in Andhra Pradesh, Chief Minister Y.S. Jagan Mohan Reddy has cleared pump storage projects proposed by Adani Green Energy with a total capacity of 3,700 MW. The project was cleared in the State Investment Promotion Board (SIPB) review meeting on Wednesday. Chief Minister...
Amazon names Herrington as CEO of Worldwide Amazon Stores
Tech giant Amazon has announced that Doug Herrington will become the new Chief Executive Officer (CEO) of the company's Worldwide Amazon Stores business, formerly known as "Consumer". Harrington has been at Amazon for 17 years. He joined the company in 2005 to build out the Consumables business, launched AmazonFresh in 2007,...
Markets climb for 2nd day; Sensex, Nifty rally nearly 2%
Benchmark indices advanced for the second straight session on Tuesday, with the Sensex and Nifty jumping nearly 2 per cent each, mirroring a rally in global equity markets. Buying in index majors Reliance Industries and IT stocks buoyed the benchmarks. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle...
Monthly instalment scheme can help discoms save one-fourth of additional payout to gencos: Crisil
New equated monthly instalment scheme introduced by power ministry can help electricity distribution companies (discoms) save a quarter of their additional payouts and clear around Rs 20,000 crore payments to generation firms (gencos) this fiscal, according to Crisil Ratings. “Electricity distribution companies (discoms) could potentially save a quarter of their additional...
GE Steam Power inks $165 mn pact to supply 3 nuclear steam turbines to BHEL
GE Steam Power on Tuesday said that it has inked a USD 165 million pact with state-run engineering firm BHEL to supply three nuclear steam turbines. GE Steam Power has signed a USD 165 million contract with BHEL for the supply of three nuclear steam turbines out of six units for...
GIL announces jobs for Agniveers in Raxa Security Solutions Ltd
Ahead of the several protests regarding the “Agnipath” Scheme introduced by the centre, the GMR Infrastructure Limited (GIL) on Tuesday announced that it would give priority in jobs to Agniveers in its subsidiary RAXA Security Solutions Limited. As per the statement released by the GIL, Raxa Security Solutions Ltd is a...
