After Argentina, India’s Mines Ministry to tap Chile for lithium; due diligence underway
[ad_1] Post signing a development and exploration agreement with Argentina’s CAMYEN for lithium sourcing, India’s Mines Ministry is tapping into Chile eyeing similar acquisition opportunities. A team of Ministry officials will be carrying out due diligence for lithium blocks there soon and discussions in this regard are currently underway. The Ministry, which has signed a […]
HCL Technologies: Why Investors Can Book Profits in this Stock
[ad_1] At bl.portfolio, we had started taking a cautious approach to IT stocks since mid-2021 when valuations started getting frothy. Since then, there has been quite a significant time-wise, and also in many cases, absolute correction in stocks in the sector. In this context, HCL Technologies was amongst the few stocks we had a positive […]
Reliance Industries shares fall over 1% after Q3 earnings
[ad_1] Shares of Reliance Industries Ltd fell 1.30 per cent in morning trade on Saturday after the company reported its quarterly earnings. Also read: Reliance Jio’s profit rises 12 per cent to ₹5,208 crore in Q3 The oil-to-retail-to-telecom conglomerate’s consolidated net profit of ₹17,265 crore in the third quarter of the current fiscal was 9.3 […]
BSE, NSE to function to open on Saturday, Monday holiday
[ad_1] Equity and derivatives markets of BSE and the National Stock Exchange will function normal on Saturday i.e. from 9:15 a.m. to 3:30 p.m., without the planned disaster recovery movements. However, the markets will remain shut on Monday, as the Maharashtra Government has declared public holiday under the Negotiable instruments Act. SHARE Copy link Email […]
Stock to buy today: Century Plyboards (I) (₹800) – BUY
[ad_1] The short-term outlook is bullish for Century Plyboards (I). The stock has risen 1.7 per cent on Thursday marks the end of the sideways consolidation that was in place since the last week of December. It also indicates that a fresh leg of upmove has begun. The stock has formed a strong base above […]
Ajmera Realty & Infra, Keystone Realtors joint venture signs redevelopment project in Bandra West
[ad_1] Ajmera Luxe Realty Private Limited (ALRPL), a joint venture between Ajmera Realty & Infra India Limited and Keystone Realtors Limited (Rustomjee), has embarked on a redevelopment project in Bandra West. As per regulatory filing, the companies will hold a 50 per cent stake in the project, which is expected to generate a gross development […]
Developers put REITs on hold on uncertain market conditions
[ad_1] Several developers with commercial assets in their portfolio, who were planning to float real estate investment trusts and list their units, have put them on hold as they feel that the current market conditions are not conducive for a REIT offering. Bengaluru-based Bagmane Developers was working on filing draft papers for a REIT, but […]
Rupee falls 3 paise to 83.15 against US dollar in early trade
[ad_1] The rupee depreciated 3 paise to 83.15 against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and massive selling in domestic equity markets. However, inflow of foreign funds in domestic equity markets and softening crude oil prices in the international markets resisted a steep fall in the domestic currency, […]
Stock markets end 5-day winning run on profit-taking in IT stocks, weak global cues
[ad_1] Stock markets snapped their five-day winning run on Tuesday with the benchmark Sensex declining by 199 points due to profit-taking in IT and oil shares and weak global trends. The BSE Sensex dropped by 199.17 points or 0.27 per cent to settle at 73,128.77. The index opened lower but staged a recovery in late-morning […]
India acquires five lithium blocks in Argentina
[ad_1] India on Monday announced the acquisition of five lithium blocks in Argentina. The Mines Ministry, through Khanij Bidesh India Limited (KABIL), signed an agreement with Argentina’s State-owned CAMYEN. CAMYEN, which stands for Catamarca Minera Y Energetica Sociedad Del Estado, is based out of the Catamarca province in the Latin American nation. Also read: India closing in […]
