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New Delhi, Feb 24 (PTI) Omnitech Engineering, a manufacturer of precision-engineered components, on Tuesday raised over Rs 174 crore from anchor investors, a day before the opening of its initial share-sale for public subscription. The anchor book saw participation from several domestic and global investors, including ICICI Prudential Mutual Fund (MF), Nippon India MF, WhiteOak Capital MF, Ashoka India Equity Investment Trust Plc, Malabar India Fund, Edelweiss MF and Allianz Global Investors, a ...Read More >
New Delhi [India], October 17: The 7th edition of Windergy India 2025, the exclusive international trade fair and conference for the wind energy sector in the country, is scheduled to take place this October from 29-31 at the Chennai Trade Centre. As India is making giant strides in wind energy generation, the event brings unparalleled opportunities to connect, collaborate and shape the future of renewable energy. Also Read | 'Jatadhara' Trailer: Sudheer Babu Battle Sonakshi Sinha's Evil Dhana ...Read More >
Suzlon Energy shares rose nearly 2% after securing its largest FY26 order -- an 838 MW wind project from Tata Power Renewable Energy. The deal spans Karnataka, Maharashtra, and Tamil Nadu, boosting Suzlon's order book and reinforcing its role in India's clean energy transition. Shares of Suzlon Energy jumped nearly 2% to hit an intraday high of Rs 59.29 on the BSE after the company announced that it has secured its largest order of FY26, an 838 MW wind power project from Tata Power Renewable En ...Read More >
New Delhi: Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project.This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wind turbines, ea ...Read More >
New Delhi, Sep 16 (PTI) Suzlon Group on Tuesday said it has secured an 838 MW order from Tata Power Renewable Energy, the largest order of this fiscal year, as part of its firm and dispatchable renewable energy project. This is also Suzlon's second-largest order ever, following the 1,544 MW order from NTPC Green Energy, and demonstrates the growing role of FDRE projects in accelerating India's energy transition, a company statement said. The 838 MW project will comprise 266 of Suzlon's S144 wi ...Read More >
Solar Industries (SOIL)'s operating performance was in line with consensus' estimate. EBITDA, at INR 5.3bn, jumped 19% YoY driven by robust defence and exports, compensating for the subdued performance in mining and infra segments, which were impacted on account of monsoon arriving early. Defence revenue rose 115% YoY to INR 4,180mn while exports and overseas grew 42.7% YoY to INR 8,260mn. EBITDA margins were largely stable QoQ at 24.8% (~150bps dent due to hyper-inflation in Turkey and FX fluct ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
PATNA: Congress leader Rahul Gandhi is all set to embark on 'Vote Adhikar Yatra' from Bihar's Rohtas district on August 17 to register a protest against how the ongoing special intensive revision (SIR) of the electoral rolls was being conducted in the state. This comes at a time when the Opposition is ratcheting up its protest against the SIR and casting aspersions on the integrity of elections. AICC general secretary (organisation) and MP KC Venugopal held a meeting with the INDIA bloc leaders ...Read More >
Mumbai, August 14: After closing on a strong note on August 13, the stock market is set to reopen on Thursday, August 14, with active buying and selling expected as trading resumes. Several stocks are likely to be in focus on August 14, including Muthoot Finance (NSE: MUTHOOTFIN), United Spirits (NSE: UNITDSPR), Bharat Petroleum Corporation Limited (BPCL) (NSE: BPCL), IRCTC (NSE: IRCTC), Vishal Mega Mart (NSE: VMM), and Jubilant FoodWorks (NSE: JUBLFOOD). Indian equity indices ended higher with ...Read More >
NEW DELHI: The Nifty Auto index traded positive around 10:09AM(IST)on Tuesday in an upbeat market. Mahindra & Mahindra Ltd.(up 1.07 per cent), MRF Ltd.(up 0.52 per cent), Balkrishna Industries Ltd.(up 0.49 per cent), TVS Motor Company Ltd.(up 0.43 per cent) and Eicher Motors Ltd.(up 0.4 per cent) were among the top gainers. Bosch Ltd.(down 0.53 per cent), Ashok Leyland Ltd.(down 0.37 per cent), Bharat Forge Ltd.(down 0.3 per cent) and Samvardhana Motherson International Ltd.(down 0.18 per cent ...Read More >
NEW DELHI: The Nifty IT index closed on a positive note on Monday. Shares of MphasiS Ltd.(up 1.63 per cent), Coforge Ltd.(up 1.32 per cent), Tech Mahindra Ltd.(up 0.76 per cent), Tata Consultancy Services Ltd.(up 0.61 per cent) and Persistent Systems Ltd.(up 0.52 per cent) ended the day as top gainers in the pack. On the other hand, Infosys Ltd.(down 0.39 per cent) and Oracle Financial Services Software Ltd.(down 0.06 per cent) finished as the top losers of the day. The Nifty IT index closed ...Read More >
NEW DELHI: The Nifty Auto index closed on a negative note on Monday. Shares of Bosch Ltd.(up 1.31 per cent), Tube Investments of India Ltd.(up 0.88 per cent), Ashok Leyland Ltd.(up 0.48 per cent), Samvardhana Motherson International Ltd.(up 0.46 per cent) and Tata Motors Ltd.(up 0.17 per cent) ended the day as top gainers in the pack. On the other hand, Hero MotoCorp Ltd.(down 1.93 per cent), Maruti Suzuki India Ltd.(down 1.92 per cent), Balkrishna Industries Ltd.(down 0.76 per cent), TVS Moto ...Read More >
NEW DELHI: The Nifty Realty index closed on a negative note on Monday. Shares of Raymond Ltd.(up 13.63 per cent), Anant Raj Ltd.(up 2.25 per cent), Sobha Ltd.(up 0.74 per cent) and Brigade Enterprises Ltd.(up 0.05 per cent) ended the day as top gainers in the pack. On the other hand, Macrotech Developers Ltd.(down 2.68 per cent), DLF Ltd.(down 0.95 per cent), Godrej Properties Ltd.(down 0.82 per cent), Oberoi Realty Ltd.(down 0.69 per cent) and Phoenix Mills Ltd.(down 0.57 per cent) finished a ...Read More >
NEW DELHI: The Nifty Pharma index closed on a positive note on Monday. Shares of Natco Pharma Ltd.(up 4.78 per cent), Ipca Laboratories Ltd.(up 4.37 per cent), Laurus Labs Ltd.(up 3.29 per cent), Gland Pharma Ltd.(up 2.94 per cent) and Glenmark Pharmaceuticals Ltd.(up 2.49 per cent) ended the day as top gainers in the pack. On the other hand, J B Chemicals & Pharmaceuticals Ltd.(down 6.78 per cent), Dr. Reddy's Laboratories Ltd.(down 1.37 per cent), Sun Pharmaceutical Industries Ltd.(down 0.71 ...Read More >
NEW DELHI: Jyoti CNC Automation(Rs. 68.09 crore), Waaree Energies(Rs. 61.60 crore), GMR Power and Urban(Rs. 58.58 crore), RattanIndia Power (Rs. 54.67 crore), Jio Financial Services(Rs. 50.07 crore), Himadri Speciality(Rs. 40.00 crore), Cochin Shipyard(Rs. 38.90 crore), Alembic Pharma(Rs. 32.29 crore), Suzlon Energy(Rs. 28.56 crore) and Godfrey Philips(Rs. 27.04 crore) were among the most traded securities on the National Stock Exchange at 11:12AM in Monday's session. The NSE Nifty index traded ...Read More >
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at 15 places in Mumbai and Kochi in connection with the Mithi River desilting scam that caused a wrongful loss of more than Rs 65 crore to the Brihanmumbai Municipal Corporation (BMC), official sources said. The massive crackdown is underway at the premises across Mumbai and Kochi linked to the accused and suspects as part of an ongoing probe into alleged financial irregularities. According to the sources, the searches ...Read More >
NEW DELHI: The Nifty Pharma index traded negative around 10:41AM(IST)on Friday in an upbeat market. Dr. Reddy's Laboratories Ltd.(up 1.24 per cent), Gland Pharma Ltd.(up 0.83 per cent), Ajanta Pharma Ltd.(up 0.56 per cent), Alkem Laboratories Ltd.(up 0.54 per cent) and Abbott India Ltd.(up 0.49 per cent) were among the top gainers. Laurus Labs Ltd.(down 1.57 per cent), Divi's Laboratories Ltd.(down 1.2 per cent), Granules India Ltd.(down 1.04 per cent), Glenmark Pharmaceuticals Ltd.(down 0.83 ...Read More >
NEW DELHI: The Nifty Bank index traded positive around 10:30AM(IST)on Friday in an upbeat market. Axis Bank Ltd.(up 1.67 per cent), Punjab National Bank(up 1.27 per cent), IDFC First Bank Ltd.(up 1.14 per cent), IndusInd Bank Ltd.(up 0.92 per cent) and State Bank of India(up 0.87 per cent) were among the top gainers. Bank of Baroda(down 2.41 per cent) were the top losers on the index. The Nifty Bank index was up 0.53 per cent at 56056.3 at the time of writing this report. Benchmark NSE Nifty ...Read More >
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