Category: Uncategorized

Ajay Jhunjhunwala, Managing Director (MD) of JR Agro Industries Pvt Ltd, Lucknow, has been re-elected as the President of the Solvent Extractors’ Association of India (SEA) for 2023-24 at the recent annual general meeting of SEA. A media statement said JR Agro Industries Pvt Ltd is engaged in the business of rice bran processing, production […]

Alternative investment funds (AIFs) are in a bind over the market regulator’s diktat to dematerialise units of funds with a corpus of ₹500 crore or more by October 31. Less than five per cent of these funds have dematerialised their units, according to people in the know. Those that haven’t are still liasoning with investors […]

Quarterly earnings from IT majors Tata Consultancy Services (TCS), Infosys, macroeconomic data announcements, global trends and trading activity of foreign investors would guide the movement in the equity market this week, analysts said. Movement of global oil benchmark Brent crude and the rupee will also influence trading in the markets. “All eyes will be on […]

I have shares of Tata Power bought at ₹290. Please advise whether to hold this stock or exit. Sanjay Tata Power (₹259): The trend has been up since May 2020. After an intermediate correction, the stock of Tata Power has resumed its uptrend in April this year. Support is in the ₹230-220 region. Moving Average crossover on […]

BSE is launching contracts in options on futures in precious metals and energy (WTI crude oil and Brent crude oil) contracts and futures contracts on base metals like copper, zinc, aluminium on October 9. These commodity contracts will provide market participants, particularly corporates, value chain participants and foreign portfolio investors, an efficient way to manage […]

The six-member monetary policy committee (MPC) unanimously voted to keep the policy repo rate on hold at 6.50 per cent to tackle retail inflation, which is still above its upper tolerance level of 6 per cent, as per the latest reading amid a patchy South-West monsoon, and rising oil prices. This is the fourth meeting on […]

The Securities Appellate Tribunal (SAT) on Thursday quashed the insider trading order against former NDTV promoters Prannoy Roy and Radhika Roy. The order, issued by the market regulator in 2020, found that the Roys had traded while in possession of price-sensitive information, and directed them to disgorge the unlawful gains, and prohibited them from accessing […]

The stock of Arvind Ltd has been on an uptrend since April this year. It found support at ₹80 and then established an uptrend. In August, it surpassed a resistance at ₹150 and a couple of days ago, it broke out of another barrier at ₹180. So, even though there was a minor decline in […]

Fineotex Chemical Limited has been granted accreditation by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for its laboratory located at Sasmira Institute, Worli, Mumbai.  NABL, an Indian accreditation body, evaluates and accredits laboratories to ensure they adhere to international standards of quality and competence. The accreditation affirms that Fineotex Chemical’s laboratory has […]

Tata Technologies, a subsidiary of Tata Motors (TML), has reserved a portion of its initial public offering for its employees and TML shareholders, following a board resolution to this effect on September 6. The portion reserved for employees will constitute up to 0.5 per cent of the post-offer paid-up equity share capital, while that reserved […]