March witnesses expansion in trade deficit March witnesses expansion in trade deficit Dnyanada Kulkarni / Tuesday, April 16, 2019 / Article rating: 5.0 The hike in crude prices and burgeoning gold demand exerted pressure on the import bill. As a consequence, the country’s trade deficit widened in the month of March.
IPO: Shriram Properties IPO: Shriram Properties Dnyanada Kulkarni / Tuesday, April 16, 2019 / Article rating: 4.2 Real estate company Shriram Properties has received authorization from the Securities Exchange Board of India for an Initial Public Offering (IPO). The company aspires to raise capital of Rs. 1,250 crore by means of an IPO issue.
RVNL jumps over 18 per cent RVNL jumps over 18 per cent Dnyanada Kulkarni / Monday, April 15, 2019 / Article rating: 4.2 The shares of Rail Vikas Nikam Limited (RVNL) soared over 18 per cent in Monday’s trading session. The stock price has been moving northward since last three days.
Meghmani Organics receives closure notice from GPCB Meghmani Organics receives closure notice from GPCB Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 3.1 Meghmani Organics is in receipt of a closure notice from the Gujarat Pollution Control Board (GPCB), Gandhinagar.
Autoline Industries receives approval for IPS Autoline Industries receives approval for IPS Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 5.0 The Government of Maharashtra has extended its approval for additional Industrial Promotion Subsidy (IPS) of Autoline Industries to the tune of Rs. 44.61 crore.
Naresh Goyal pledges 26 per cent stake in Jet Airways Naresh Goyal pledges 26 per cent stake in Jet Airways Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 5.0 Naresh Goyal, the founder of Jet Airways, has pledged 26 per cent stake, i.e. 2.95 crore shares, in the struggling airline as security for loans from Punjab National Bank.
5 Indian pharmas mentioned in price fixing lawsuit in US 5 Indian pharmas mentioned in price fixing lawsuit in US Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 4.0 The names of several Indian generic makers were disclosed in a US Pharma anti-trust lawsuit.
Vedanta slips 2 per cent as subsidiary faces legal suit Vedanta slips 2 per cent as subsidiary faces legal suit Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 5.0 The shares of Vedanta slipped more than 2 per cent in Thursday’s morning trading session. This was on account of the possibility of a legal suit against the company’s subsidiary, Konkola Copper Mines (KCM) in the UK.
L&T to acquire L&T Shipbuilding L&T to acquire L&T Shipbuilding Dnyanada Kulkarni / Thursday, April 11, 2019 / Article rating: 3.8 Larsen & Toubro Limited is all set to acquire L&T Shipbuilding Limited. The target company has a turnover of Rs. 73,088.79 lakh. It also has a negative networth of Rs. 80,914.97 lakh as on March 31, 2018.
Sugar stocks slip; Kesar Enterprise dips 8 per cent Sugar stocks slip; Kesar Enterprise dips 8 per cent Dnyanada Kulkarni / Wednesday, April 10, 2019 / Article rating: 4.0 Most sugar stocks were trading with losses in Wednesday's trading session.