Metal prices set for significant upside in the next 3-6 months, says Nirmal Bang
Dhruv Goel, CEO of Bigmint, expects aluminium prices to stay elevated in the short term, but the long-term prospects remain uncertain.
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Zomato to replace JSW Steel in BSE Sensex
The 30-share frontline BSE index will see the entry of food delivery major Zomato.
VST Industries sells Banjara Hills property for ₹102 crore to ViNS Bioproducts
Tobacco company VST Industries has five major brands, which include Total, Charms, Moment, Special and Edition, and a direct distribution reach of over 1.2 million outlets. Shares of VST Industries Ltd ended at ₹313.55, down by ₹0.25, or 0.080%, on…
SEBI proposes using independent agency for appointing key MII executives
Under the new framework, SEBI suggests using an independent agency to recommend candidates for these roles. The recommendations would then be reviewed by the Nomination and Remuneration Committee (NRC) of the MII, before being sent to SEBI and the governing…
RITES gets revised estimate of ₹532 crore for Northeast Frontier Railway electrification project
The revised total cost for the turnkey project stands at ₹531.77 crore, excluding GST, which marks an increase from the original cost of ₹288.44 crore. Shares of RITES Ltd ended at ₹275.20, up by ₹1.35, or 0.49%, on the BSE.
RVNL gets letter of acceptance from Eastern Railway for contract worth ₹837.67 crore
Ahead of the contract announcement, shares of RVNL had closed 0.1% higher at ₹422.25 on Thursday.
Jyoti Structures to raise up to ₹500 crore via rights issue
Last month, Jyoti Structures said it received a letter of acceptance for an order worth ₹450 crore from Adani Energy Solutions in Gujarat. Shares of Jyoti Structures Ltd ended at ₹29.03, down by ₹0.14, or 0.48%, on the BSE.
BSE to launch F&O contracts for 43 stocks, including Adani, Paytm, Zomato
BSE will introduce F&O contracts for 43 stocks, including Adani Group companies, Paytm, and Zomato, starting December 13.
ATMA chief highlights key challenges as global rubber output decline looms
Rajiv Budhraja, Director General of the Automotive Tyre Manufacturers Association (ATMA) stated that domestic rubber prices hit a 13-year high of nearly ₹240 per kg in August 2024 but have since stabilized within the ₹185-190 per kg range.
Cochin Shipyard partners with Seatrium Letourneau USA to make mobile offshore drilling units
The move aligns with the government’s ‘Make in India’ initiative. Shares of Cochin Shipyard Ltd ended at ₹1,298.50, up by ₹2.80, or 0.22%, on the BSE.