Ashok Leyland becomes first OEM to meet BS-VI norms Ashok Leyland becomes first OEM to meet BS-VI norms DSIJ Intelligence / Tuesday, September 3, 2019 0 6215 Article rating: 3.8 Ashok Leyland, a flagship company of the Hinduja group and country’s second largest commercial vehicle manufacturer, announced on Tuesday that, it has become the first Indian original equipment manufacturer to meet Bharat Stage VI emission norms across its full range of heavy duty trucks with gross vehicle weight of 16.2 tonnes and above. Read more
LIC and GoI approve Rs 9,000 cr capital infusion in IDBI Bank LIC and GoI approve Rs 9,000 cr capital infusion in IDBI Bank DSIJ Intelligence / Tuesday, September 3, 2019 0 3244 Article rating: 4.4 The Government of India has approved Rs. 9,000 crore capital infusion in IDBI Bank. Out of Rs 9,000 crore, the government will provide Rs 4,557 crore as one-time re-capitalisation of the bank, while Rs 4,743 crore will be infused by the LIC. Read more
Nesco features as Bollinger Band squeeze pick Nesco features as Bollinger Band squeeze pick Vinayak Gangule / Tuesday, September 3, 2019 0 1459 Article rating: 4.3 Nesco Ltd was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout. Read more
Indian benchmark indices bleed as bears take control Indian benchmark indices bleed as bears take control DSIJ Intelligence / Tuesday, September 3, 2019 0 969 Article rating: 5.0 At the end of the session, Sensex closed at 36,562.91, down 769.88 points or 2.06 per cent, while, Nifty slipped 225.35 points or 2.04 per cent to settle at 10,797.90. Read more
Auto sector woes grow as sales drop further Auto sector woes grow as sales drop further Nidhi Jani / Tuesday, September 3, 2019 0 988 Article rating: 5.0 Following weak auto sales numbers, the NIFTY Auto index made an intraday low of 6888.30 and at the end of the session NIFTY Auto index was trading at 6939.25, down by 70 points. Read more