Category: Stocks

With this win, TPREL’s total renewables capacity reaches 6,303 MW (3,909 MW of installed capacity – of which solar is 2,981 MW and wind is 928 MW); and 2,394 MW under various stages of implementation (Representative Image) Tata Power Renewable Energy (TPREL) has signed a power purchase agreement (PPA) with Tata Power Delhi Distribution (TPDDL) […]

Welspun One Logistics Parks, an integrated fund and development management platform focused on warehousing and industrial realty, on Monday launched its second fund of Rs 2,000 crore, including a green shoe option of Rs 1,000 crore. Welspun launched the first fund in early 2021 and had got capital commitments worth Rs 500 crore from high […]

A round-up of the big stories Here are the top stories this afternoon: IT firms may see delay in tech spending due to Silicon Valley Bank collapse The collapse of Silicon Valley Bank in the US has sent startups and VC funds scrambling, but it may also result in enterprise clients pushing their IT spending […]

AT1 bonds are a type of perpetual securities that banks use to shore up their core capital to meet Basel-III norms (Reuters file image) Shares of Yes Bank may face selling pressure as the Reserve Bank-mandated three-year lock-in period for individual investors and exchange-traded funds ends on Monday, according to analysts. The analysts expect distress […]

The Centre has proposed that the country’s apex drug regulatory body, CDSCO, be empowered to regulate the manufacture of drugs or cosmetics, instead of the state drug regulators as is the practice currently, according to the revised draft of a bill that has been sent for inter-ministerial consultations. However, the sale of drugs, cosmetics and […]

AT1 bonds are a type of perpetual securities that banks use to shore up their core capital to meet Basel-III norms (Reuters file image) Shares of Yes Bank may face selling pressure as the Reserve Bank-mandated three-year lock-in period for individual investors and exchange-traded funds is ending on Monday, according to analysts. The analysts expect […]

Domestic equity investors are likely to keep a close watch on global cues, especially the fallout of the US-based Silicon Valley Bank failure, inflation trends and foreign fund flows in the coming week after days of volatile trading sessions.After the holiday-shortened trading sessions this week that saw the benchmark Sensex declining more than 1 per […]

As US regulators seek a buyer for the remnants of SVB Financial Group, they’ll be working to find a home for sprawling commercial-banking operations, a wealth unit, an investment bank and a fund manager. Silicon Valley Bank was seized by regulators Friday amid a run on deposits and an aborted push to raise capital. The […]

Union Commerce and Industry Minister Piyush Goyal The country’s textiles exports have started showing signs of growth after getting impacted due to issues like problems of foreign exchange in many countries and large inventories due to Russia-Ukraine war, Union minister Piyush Goyal said on Saturday. The textiles minister also expressed hope that exports of cotton […]

Representative image. Digital payments platform PhonePe has achieved an annualised total payment value run rate of USD 1 trillion, or Rs 84 lakh crore, mainly on account of its lead in UPI transactions, the company said on Saturday. The company claims to have digitised over 35 million offline merchants spread across tier 2, 3, 4 […]

(Representative image) A Lucknow-bound AIX Connect flight from Bengaluru made an emergency landing at the Kempegowda International Airport here 10 minutes after its takeoff due to a technical issue on Saturday, Air Asia authorities said. According to information received, the flight i5-2472 took off at about 6.45 AM on Saturday and was supposed to land […]

Investors and depositors tried to pull $ 42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than a decade, according to a Friday regulatory filing.At the close of business on March 9, the bank had a negative cash balance of $ 958 million, according to an […]

Sea Ltd. and GoTo Group, two of Southeast Asia’s largest internet companies, are embarking on fresh layoffs as the region’s once high-flying tech leaders retrench to focus on profitability over growth. Singapore’s Sea is cutting fewer than 500 jobs at e-commerce unit Shopee in Indonesia, a person with direct knowledge of the matter said, days […]

An amalgamation of six wholly-owned subsidiary companies of Adani Power Ltd with APL was sanctioned by the Ahmedabad-bench of National Company Law Tribunal on February 8, 2023, a BSE filing stated.(Representative image) More shares belonging to some Adani Group companies have been encumbered, a trustee said Wednesday. SBICap Trustee said in a notice to exchanges […]

Representative image (Reuters) A void at the top rung of India’s competition agency underscores a chronic resource crunch and is undermining its capacity to regulate major companies in the world’s fifth-largest economy. The Competition Commission of India, which has imposed million dollar penalties on Alphabet Inc.’s Google to Amazon.com Inc., is functioning with just two […]

The OTS was completed on March 8, nearly a month in advance before the deadline, as per the settlement agreement with the lenders dated December 30, 2022. PTI March 09, 2023 / 11:13 AM IST Religare ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ […]

A pre-owned Rolex wristwatch is arranged for a photograph at the head office of Eco Style, a retailer dealing in pre-used luxury goods, in Tokyo, Japan, on Tuesday, May 19, 2020. The world?s third-largest economy shrank an annualized 3.4% in the three months through March from the previous quarter as exports slid and social distancing […]