Ashok Leyland launches AVTR, BS-VI compliant modular trucks
Ashok Leyland launches AVTR, BS-VI compliant modular trucks

Ashok Leyland launches AVTR, BS-VI compliant modular trucks

DSIJ Intelligence Article rating: 3.7

On Thursday, auto manufacturer Ashok Leyland announced the launch of its range of modular trucks, AVTR with i-Gen6 BS-VI technology. The AVTR line-up is India's first modular truck platform in the CV industry offering various options of axle configurations, loading spans, suspensions, cabins and drivetrains on a single platform for the entire range of rigid trucks, tractors and tippers in the 18.5T to 55T category.

Tata Coffee manages impact of COVID-19 admirably
Tata Coffee manages impact of COVID-19 admirably

Tata Coffee manages impact of COVID-19 admirably

Apurva Joshi Article rating: 3.3

Tata Coffee Limited has announced that since the lockdown situation is now being relaxed, its operations have restarted at full capacity in their instant coffee plants in India as well as other locations, including at the plantations. The harvesting of coffee and pepper has been completed while the hulling of coffee is still in progress.

Sensex falls by about 125 points; PNB Gilt stock shoots up
Sensex falls by about 125 points; PNB Gilt stock shoots up

Sensex falls by about 125 points; PNB Gilt stock shoots up

DSIJ Intelligence Article rating: 3.1

While putting an end to their gaining streak, domestic benchmark indices such as Nifty dropped by 32.45 points or 0.32 per cent to settle at the level of 10,029.10, whereas Sensex closed down by 128.84 points or 0.38 per cent at 33,980.70, in today's trading session.

Madhav Infra: Receives order of Rs 324 crore; stock shows good sign
Madhav Infra: Receives order of Rs 324 crore; stock shows good sign

Madhav Infra: Receives order of Rs 324 crore; stock shows good sign

Pratik Shastri Article rating: 3.4

Madhav Infra Projects' most recent market value was reflected at Rs 154 crore while the value of the order it received is almost double that, giving a positive boost to the investor sentiments in the current fiscal year.

Chennai Petroleum proposes JV to Indian Oil for Cauvery refinery project
Chennai Petroleum proposes JV to Indian Oil for Cauvery refinery project

Chennai Petroleum proposes JV to Indian Oil for Cauvery refinery project

Apurva Joshi Article rating: 3.7

The Board of directors of Chennai Petroleum Corporation Limited (CPCL) has proposed the implementation of the 9 MMTPA Refinery Project at Cauvery Basin Refinery, Nagapattinam district, to the Board of Indian Oil Corporation Limited (IOCL). CPCL plans to do this through a joint venture, at an anticipated cost of Rs 28,983 crore.

Jindal Stainless regains its footing with export orders in May-June
Jindal Stainless regains its footing with export orders in May-June

Jindal Stainless regains its footing with export orders in May-June

DSIJ Intelligence Article rating: 4.0

India's largest stainless steel producer, Jindal Stainless Limited (JSL) declared that it has bounced back in terms of export volumes in the months of May and June 2020 by ramping up production in global markets. The steel giant's strategic initiative to recapture volumes in the export market has led to progressive results.

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: 3.5

The market opened in the red on June 4, 2020. The previous trading session witnessed the Sensex going up by 284.01 points to end at 34,109.54 and the Nifty was up 82.45 points to close at 10,061.55.

Aurobindo Pharma's US facility gets nine observations from USFDA
Aurobindo Pharma's US facility gets nine observations from USFDA

Aurobindo Pharma's US facility gets nine observations from USFDA

Amir Shaikh Article rating: 4.0

Aurobindo Pharma announced today that its wholly-owned subsidiary AuroLife Pharma LLC's oral solid manufacturing facility located at Dayton, New Jersey was inspected by United States Food and Drug Administration (USFDA) and thereafter, issued a Form 483 with nine observations

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: 3.9

The market opened in the red on June 4, 2020. The previous trading session witnessed the Sensex going up by 284.01 points to end at 34,109.54 and the Nifty was up 82.45 points to close at 10,061.55.

RIL'S rights issue of Rs 53,124 crore oversubscribed
RIL'S rights issue of Rs 53,124 crore oversubscribed

RIL'S rights issue of Rs 53,124 crore oversubscribed

DSIJ Intelligence Article rating: 5.0

On June 03, 2020, Reliance Industries Limited announced the closure of its rights issue of Rs 53,124.20 crore. It was the largest rights issue in India and the fact that it came from the largest market capitalisation company of the nation was not a surprise at all. The company believes that it was also the largest rights issue in the world by any non-financial company in the last ten years.

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