Sensex Soars Over 500 Points But Gives Up Gains on Profitable Bookings
The BSE Sensex rose 156 points, while the Nifty closed above 17,300 on Thursday after metals, IT and capital goods stocks rose on foreign capital...
Author : Nilesh
Can Fin Homes Mulls Raising to Rs 4,000 Crore in Debt Capital
Home loan provider Can Fin Homes, driven by Canara Bank, plans to raise Rs 4,000 crore in debt capital and will seek board approval for...
NARCL Makes Offer to Acquire Jaypee Infratech Debt Held by Public Bank
State-owned banks that lend to Jaypee Infratech will be able to recoup the funds next month. However, the Economic Times reported that 24,000 homeowners, term...
Adani Wilmar, Adani Power Freeze at 5% Upper Circuit, Ambuja Cements Up 4%
Shares of Adani Group of companies were in focus on Thursday, with Adani Wilmar (Rs 746.65) and Adani Power (Rs 370.30) locked in highs of...
Bharat Forge, RK Forgings, GNA Axles Surge as Truck Orders Hit Record in North America
Shares of Bharat Forge, Ramkrishna Forgings and GNA Axles surged 3-9% on October 6 as preliminary data showed orders for Class 8 trucks in North...
Bajaj Finance Reports Strong Asset Growth, But Loan Bookings Disappoint Street
Shares of Bajaj Finance opened with modest gains on October 6 before slipping into the red, even as the company reported a strong 31% increase...
Glenmark Pharma Launches Drug to Treat Type 2 Diabetes in Adults
Glenmark Pharmaceuticals announced on October 6 that it had become the first company in India to launch thiazolidinedione (lobeglitazone) for adults with type 2 diabetes....
JSW Energy Up 11% After Signing MoU for Hydro Pumped Storage Project
Shares of JSW Energy rose more than 11% intraday on October 6 after its subsidiary signed a memorandum of understanding (MoU) with Maharashtra to build...
Godrej Consumer Shares Fall as Company Expects Lower Sales
After Marico, FMCG company Godrej Consumer Products released a disappointing quarterly update, sending the stock down 5% on October 6. The company forecast 3-year sales...
Airtel Plans to Use 5G Technology to Provide Wireless Broadband Services
After rolling out 5G services in eight cities, Bharti Airtel is now looking to leverage the technology to find opportunities in wireless broadband. According to...