With its headquarters located in Mumbai, Maharashtra, and its base in Jamshedpur, Jharkhand, Tata Steel Limited is an international steel manufacturer. It’s included in the Tata Group. With an annual capacity of 35 million tonnes for crude steel, Tata Steel, formerly known as Tata Iron and Steel Company Limited (TISCO), is one of the largest…
People can obtain a Triple Lock Receptacle (TLR) form from the RBI by depositing two thousand rupees in their bank account. For credit in their bank accounts, people can mail their Rs 2,000 banknotes to designated Reserve Bank regional offices via insured mail. For those who are unable to visit the Reserve Bank’s regional offices,…
Even though the world’s steel output slightly decreased in September 2023, Indian steel output increased by 18.2%. In September 2023, the world’s crude steel production fell 1.5% to 149.3 million tonnes (mt) from 151.7 mt in the same month the previous year. Production in the 63 countries that make up 97% of the world’s steel…
After the company’s Q2 results on Wednesday exceeded street estimates in terms of both profit and revenue, Sun Pharma’s share price was trading higher on Thursday. On the BSE, Sun Pharma shares opened today at an intraday high of ₹1,130.80 a share. Technical analysts claim that pharmaceutical stocks are trending strongly and that Sun Pharma’s…
LPG price increase: Commercial LPG cylinder prices were raised by ₹100 by Oil Marketing Companies (OMCs) at different locations across the nation. It should be emphasized that this is the second increase in prices for commercial LPG cylinders in the previous two months. Starting on November 1, the increase will be implemented. While the price…
Bajaj Auto announced on November 1 that its total sales increased by 19 percent year on year (YoY) to 471,188 units in October of this year. In October 2022, the company had dispatched 395,238 units. Year-to-date (YTD) domestic unit sales increased by 25% to 1,608,730 units sold in the April-October 2023 period, compared to 1,290,128…
Currency News: As of 11:08 a.m. IST, the rupee was slightly weaker than it was in the previous session, trading at 83.27 against the US dollar. As traders predicted, the Reserve Bank of India’s defense of the rupee will eventually become unsustainable, and the currency is likely to break out of rangebound trade. Despite ongoing…
Sensex Today: The early trade on Wednesday saw a decline in equity benchmark indices as a result of continued outflows of foreign funds and weakness in banking, financial, and metals stocks. Ahead of the US Federal Reserve’s interest rate announcement, traders reported that investors favored staying out of the market. The biggest laggards amongst the…
Adani Total Gas obtained gas from IGX, and bilateral trades were completed. According to YES Securities, Adani Total Gas took advantage of falling LNG prices as well. Adani Total Gas Ltd shares fell nearly 1% in Wednesday trade after the Company group firm reported an 8% increase in consolidated profit to Rs 173 crore in…
Driven by its strong Q2FY24 performance, non-banking financial company (NBFC) Shriram Finance saw a notable 12.9% increase in its stock price, reaching a new all-time high of ₹2,029.7 per share during Friday’s trading session. The NBFC reported a consolidated net profit of ₹1,792 crore in its quarterly report, which was made public on Thursday. This…
