BSE StAR MF helps MF industry's net equity inflow remain positive for June 2020 BSE StAR MF helps MF industry's net equity inflow remain positive for June 2020 DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 4.1 BSE StAR MF contributed Rs 1882.39 crore as net equity inflow to industry's net inflow of Rs 241 crore.
BHEL gains on successfully commissioning world's first solar PV plant BHEL gains on successfully commissioning world's first solar PV plant DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 4.1 The project is considered as a landmark achievement in the history of solar power.
Flipkart buys minority stake in Arvind Fashions' arm for Rs 260 crore Flipkart buys minority stake in Arvind Fashions' arm for Rs 260 crore Apurva Joshi / Thursday, July 9, 2020 / Article rating: 5.0 Arvind Fashions Limited announced on Thursday that Flipkart Group has invested Rs 260 crore in the company to purchase a significant minority stake in its recently formed subsidiary-Arvind Youth Brands, which will own ‘Flying Machine’ brand.
Hexaware launches bot for a seamless return to workplaces Hexaware launches bot for a seamless return to workplaces DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 5.0 Hexaware Technologies Ltd, on Thursday, announced the launch of COCO, the Unified Teams bot built for Microsoft Teams on Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions.
ABB Power Products secure order from Indian Railways ABB Power Products secure order from Indian Railways Pratik Shastri / Thursday, July 9, 2020 / Article rating: 3.3 The company will be delivering a split of its transformers between 6,531 kilo- volt-ampere (kVA) for CLW’s goods locomotive engines (needing heavy lifting capabilities) and 7,775 kVA for passenger segment.
Praj Industries to foray into renewable chemicals sector; stock up by 3 per cent Praj Industries to foray into renewable chemicals sector; stock up by 3 per cent DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 4.6 The shares of Praj Industries climbed by 3 per cent on Thursday after the company announced it was entering into the global renewable chemicals and materials (RCM) industry.
Domestic indices close higher than 1 per cent upon taking cues from global indices Domestic indices close higher than 1 per cent upon taking cues from global indices DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 5.0 Markets on Thursday regained Wednesday's losses with domestic benchmark indices closing higher than their previous close. Sensex gained by 408.68 points or 1.12 per cent to settle at 36,737.69 while Nifty increased by 107.70 points or 1.01 per cent to settle at 10,813.45.
MF update: Asset under management at Rs 25.48 lakh crore in June 2020 MF update: Asset under management at Rs 25.48 lakh crore in June 2020 DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 5.0 Domestic AUM increased by 3.8 per cent on a sequential basis in the month of June 2020, despite a 95.4 per cent drop in net inflows into equity dedicated mutual fund.
Karur Vysya Bank & Tata Motors collaborate for attractive car loan offers Karur Vysya Bank & Tata Motors collaborate for attractive car loan offers DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 4.5 The partnership offers special terms for Tata Motors passenger vehicles, under which, 100 per cent on-road funding with a six-month holiday period is provided at attractive interest rates, along with repayment period up to 60 months.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Thursday, July 9, 2020 / Article rating: 3.7 The market opened in the green on July 9, 2020.