JSPL Mauritius to divest entire stake in Oman asset
JSPL Mauritius to divest entire stake in Oman asset

JSPL Mauritius to divest entire stake in Oman asset

Apurva Joshi 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

NTPC trades lower despite addition of commercial capacity

Pratik Shastri 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.

SSWL secures 10,700 wheels export order for US caravan trailers
SSWL secures 10,700 wheels export order for US caravan trailers

SSWL secures 10,700 wheels export order for US caravan trailers

Apurva Joshi 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.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

DSIJ Intelligence 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

Stocks close to their 52-week low

DSIJ Intelligence 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

Fitch cuts India growth forecast to 8 per cent for FY22

Nidhi Jani 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.

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