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News Shots  Maruti Suzuki India expects an adverse impact on vehicle production in Haryana and Gujarat plants in December due to chip shortage. Total production volume across both locations to be around 80-85% of normal production. UltraTech Cement commenced mining of coal from its Bicharpur Coal mines situated in Madhya Pradesh. The mines have extractable […]
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News Shots The online bus ticketing platform redBus announced foray into rail ticketing with the launch of redRail, a rail ticket booking service in collaboration with IRCTC as their authorised partner. The B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore. Dish TV, […]
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Today’s Market Summarised Indian markets see another crash following global peers. Covid mutations resurface and pump in fear to traders again. NIFTY opened the day at 17,343 with a 200 point gap-down. From there, it was a sharp fall then consolidation and then a sharp fall again. Just near closing, the index even briefly dipped […]
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News Shots HDFC will raise up to Rs 10,000 crore by issuing bonds on a private placement basis to augment its long-term capital. Fitch Ratings has affirmed Bharti Airtel’s long-term foreign currency Issuer Default Rating (IDR) and senior unsecured rating at ‘BBB-‘. The outlook on the IDR is negative Tarsons Products stock will make its […]
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Today’s Market Summarised Reliance and Infosys pump up the markets and keep it in green for the monthly expiry. NIFTY opened the day at 17,421 and tried to move down. But after testing yesterday’s low, the index jumped back up. However, there was consolidation seen after 17,550 could not be broken with strength. NIFTY closed […]
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News Shots Taiwanese IT hardware firm Acer has roped in domestic electronic manufacturing services firm Dixon Technologies for making its laptops in India, both companies said in a joint statement on Wednesday. The facility will have a capacity to manufacture up to 5 lakh Acer laptops annually. ICICI Bank raised Rs 3,595 crore through infrastructure […]
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Today’s Market Summarised Markets fall in the last 2 hours of trade with Wednesday volatility kicking in. NIFTY opened the day at 17,560 and was volatile. Throughout the day, the index looked to be in a slow uptrend and even tested 17,600. But failing to break this level, there was heavy selling in the market. […]
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News Shots Bharti Airtel’s credit outlook has been changed from stable to positive by Moody’s Investor Service. Zomato’s South African subsidiary has initiated the process of deregistration, as the company tries to shut down loss-making operations. The RBI has approved the appointment of Banavar Prabhakar to be part-time Chairman of Ujjivan Small Finance Bank for […]

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