Yasho Industries signs 15-year chemical supply deal, sees ₹150 crore annual revenue
Shares of the company ended 4.7% higher at a price of ₹1,861.00 on Thursday. However, the stock has fallen nearly 7% in the year-to-date.
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Indian Hotels reports malware incident, says business operations unaffected
Tata-owned IHCL confirmed that relevant authorities have been notified of the incident and that it continues to monitor the situation closely. Shares of Indian Hotels Company Ltd ended at ₹776.90, up by ₹2.95 or 0.38%, on the BSE today (September…
Varun Beverages forms JV with White Peak Refrigeration for cooling equipment
Varun Beverages has incorporated a joint venture with White Peak Refrigeration to manufacture visi-coolers and refrigeration equipment in India.
RPP Infra Projects bags ₹134 crore Maharashtra road project order
RPP Infra Projects Ltd has secured a ₹134.21 crore EPC order from MSIDC to improve key roads in Raigad, Maharashtra.
Trade Setup for September 5: Nifty’s bounce faces hurdle, more consolidation likely ahead
Despite the strong start, the market struggled to maintain momentum. As the session progressed, markets failed to hold on to higher levels and came under pressure due to profit booking, erasing a large part of the early gains.
Eldorado Agritech files draft papers with SEBI; seeks to raise ₹1,000 cr via IPO
The Telangana-based seed-to-harvest solutions provider plans to utilise ₹245 crore from the fresh issuance for payment of debt and general corporate purposes.
Zydus Lifesciences, Synthon ink exclusive licensing deal for generic Zeposia in the US
The company has already received tentative FDA approval within 30 months of filing, positioning the product for a shared 180-day exclusivity period upon launch. Shares of Zydus Lifesciences Ltd ended at ₹1,013.25, up by ₹5.05, or 0.50%, on the BSE.
Here’s how ONGC, Oil India get impacted by the GST changes
Brokerage firm ICICI Securities said that exploration services form a major part of upstream production costs. The 6% increase in GST on exploration-related activities is therefore negative for upstream players like ONGC, Oil India, and Reliance Industries.
GST cuts to lift auto, FMCG, consumer durables earnings by 4-10% next fiscal: Mahesh Patil
Nilesh Shah of Envision Capital and Mahesh Patil of Aditya Birla Sun Life discuss how GST and tax cuts could boost earnings by 4–10% in auto, FMCG, and consumer durables, while driving growth in consumer appliances, insurance, and NBFCs.
Stocks end flat after giving up early GST-led gains; midcaps slump
The benchmark BSE Sensex rose 0.19% or 150 points to close at 80,718, after falling more than 800 points from the day’s high. The NSE Nifty 50 index edged up just 19 points to 24,734, giving up over 270 points…