JSPL Mauritius to divest entire stake in Oman asset JSPL Mauritius to divest entire stake in Oman asset Apurva Joshi / Wednesday, July 1, 2020 / Article rating: 4.0 Jindal Steel & Power Limited’s subsidiary at Mauritius (JSPML) is set to divest its entire stake in its Oman asset, Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) to Templar Investments Limited.
NTPC trades lower despite addition of commercial capacity NTPC trades lower despite addition of commercial capacity Pratik Shastri / Wednesday, July 1, 2020 / Article rating: 5.0 While the NTPC group's commercial capacity stood at 52,866 MW at the end of FY19, it was at 51,391 MW in FY18. This indicates that it has recorded a growth of seven per cent CAGR over the past three years.
Escorts tractor volume shoots up by 64.6 per cent month-on-month Escorts tractor volume shoots up by 64.6 per cent month-on-month DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 4.3 The month-on-month sales shot up impressively by 64.6 per cent. The sales in May 2019 stood at 6,594 tractors.
Keep rational return expectation from your investment Keep rational return expectation from your investment DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 5.0 Investors should always have a rational return expectation from the investment and should avoid chasing big numbers.
SSWL secures 10,700 wheels export order for US caravan trailers SSWL secures 10,700 wheels export order for US caravan trailers Apurva Joshi / Wednesday, July 1, 2020 / Article rating: 3.8 Steel Strips Wheels Limited (SSWL) secured firm export orders for over 10,700 wheels for US caravan trailer market. This order is worth USD 1,70,000 and will be executed from its Chennai plant in the month of July and August.
Airtel's data centre business to receive US$ 235 million from Carlyle Group Airtel's data centre business to receive US$ 235 million from Carlyle Group DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 5.0 A joint statement by the two companies on Wednesday stated that US-based Carlyle Group will invest US$ 235 million in Airtel's data centre business, Nxtra Data.
Markets witness the highest quarterly jump in the last decade Markets witness the highest quarterly jump in the last decade Nidhi Jani / Wednesday, July 1, 2020 / Article rating: 5.0 Small-cap index has jumped nearly 33 per cent while mid-cap index gained almost about 26 per cent during April-June 2020.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 4.3 The market opened in the green on July 1, 2020. The previous trading session witnessed the Sensex going down by 45.72 points to end at 34,915.80 and the Nifty was down 10.30 points to close at 10,302.10 .
Stocks close to their 52-week low Stocks close to their 52-week low DSIJ Intelligence / Wednesday, July 1, 2020 / Article rating: 3.0 The market opened in the green on July 1, 2020. The previous trading session witnessed the Sensex going down by 45.72 points to end at 34,915.80 and the Nifty was down 10.30 points to close at 10,302.10 .
Fitch cuts India growth forecast to 8 per cent for FY22 Fitch cuts India growth forecast to 8 per cent for FY22 Nidhi Jani / Wednesday, July 1, 2020 / Article rating: 5.0 Earlier, in May update to the outlook, Fitch had projected 9.5 per cent growth in 2021-22. It had projected confidence saying that Indian economy will bounce back from the prevailing contraction and slowdown largely on the back of COVID-19 pandemic while adding that India's GDP may grow at a healthy rate in the next fiscal year.