11:00 AM
Markets pricing NDA win in LS polls; eyeing budget proposals now: Analysts
“It should be assumed that Prime Minister Narendra Modi’s goal will be to win a record number of seats for his BJP party. Such an electoral outcome is no longer far-fetched. As for the Congress Party, the dominant political party in India since independence in 1947, it faces an existential crisis,” Chris Wood said.READ MORE
10:49 AM
Government CPSE dividend collection hits record high of Rs 61,149 crore
The 2023-24 Interim Budget projected dividend collections of Rs 50,000 crore, which surpassed the initial target of Rs 43,000 crore. During the first half of March alone, dividend receipts amounted to nearly Rs 10,000 crore. The revised estimate for miscellaneous receipts for the current financial year also stands at Rs 30,000 crore. READ MORE
10:34 AM
Adani Group shares trade weak; Total Gas, Ports, Energy slip up to 8%
On its part, the Adani Group has said that they were not aware of any investigation against the chairman. “As a business group that operates with the highest standards of governance, we are subject to and fully compliant with anti-corruption and anti-bribery laws in India and other countries,” Adani Group said in an emailed statement, Bloomberg reported. READ MORE
10:22 AM
ALERT :: India imposes anti-dumping duties on Chinese alloy wheels, says report
>> Enkei Wheels (India), Wheels India in focus
9:59 AM
Anup Engg surges 15% as board mulls bonus share; zooms 110% so far in FY24
The Anup Engineering Ltd caters to wide range of process industries including oil & gas, petrochemicals, LNG, hydrogen, fertilizers, chemicals/ pharmaceuticals, power, water, paper & pulp and aerospace with its extensive product range of heat exchangers, reactors, pressure vessels, columns & towers, industrial centrifuges & formed components. READ MORE
9:35 AM
Droneacharya rallies 5% on winning contract to supply IT hardware
>> It has secured a contract to supply IT hardware for the Indian Army’s drone lab in J&K.
9:33 AM
KPI Green Energy hits 5% upper circuit on winning 100 MWA solar project
>> It has emerged as a successful bidder for a 100 MWA solar power project at Maharashtra State Power Generation Co (MAHAGENCO).
9:32 AM
LIC okays wage hike for employees; stock off lows
>> LIC has planned to provide a 17 per cent wage hike for its employees, effective August 1, 2022.
9:29 AM
Torrent Power zooms 4% on winning LoA for a wind & solar hybrid project
>> It has received a Letter Of Award for a 300 MW wind and solar hybrid project with a tariff of Rs 3.65/kWh. The contract period shall be 25 years.
9:27 AM
Lupin in red as Aurangabad facility receives 1 observation from USFDA
>> : The company said US FDA inspected its manufacturing facility at Aurangabad from March 6 to March 15, 2024. The inspection closed with the issuance of a Form 483 with one observation.
9:26 AM
HAL gains 2% on order win from MoD
>> The company signed a contract worth Rs 2,890 crore with the Ministry of Defence for the mid-life upgrade of 25 Dornier aircraft along with associated equipment for the Indian Navy.
