Time Technoplast has received an approval from the Petroleum and Explosives Safety Organization (PESO) for the manufacturing of High Pressure Type-IV Composite Cylinder, Prototype, for Hydrogen. “The authority has advised us to manufacture first lot of cylinders for its joint testing and inspection. The testing of one per cent lot of cylinders will be completed … Read more
The Centre has granted its approval to insurance major LIC for a wage revision for its employees, effective August 1, 2022. The pay has been revised upwards by 17 per cent. The US has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may … Read more
The provided information outlines key factors that will likely influence Asian markets, providing a comprehensive view of the economic landscape and potential challenges in the Asia & Pacific region. Let’s delve deeper into the potential implications: 1. Impact of U.S. Employment Numbers: – Strong U.S. employment numbers are expected to have a positive impact on … Read more
● From Price Action Perspective: Weaker set of quarterly numbers from HDFCBANK, in addition to sharp spike in Dollar Index, has led to selling pressure on Bank Nifty, which ended 4.3% negative for the day. Nifty outperformed by falling 2.09% as the IT sector supported the index to an extent. Extensive Delivery based selling pressure … Read more
India Stock Market: The Indian stock market indices, Sensex and Nifty, are expected to open on a flat note Tuesday tracking mixed global cues. The Asian markets traded mixed, while the US stocks ended marginally higher overnight as investors looked ahead to key economic data. Catch Live Market Updates here Investors await the decision of … Read more
The Indian stock market witnessed a stellar rally with both the benchmark indices, Sensex and Nifty 50, at their all-time high levels. Strong domestic cues and the return foreign capital into Indian equities have supported the upside momentum. The domestic equity indices are expected to open flat with a positive bias on Tuesday amid weakness … Read more
The Indian stock market indices are likely to open on a tepid note following weak global cues. Asian markets traded lower while US markets ended mixed overnight after the release of better than expected US GDP data. On Wednesday, the domestic indices ended with strong gains led by gains in IT, banks and auto stocks. … Read more
The Indian stock market indices, Sensex and Nifty 50, are expected to open higher on Wednesday amid mixed global cues. The Asian markets traded weaker while the US stocks ended higher overnight amid rising expectations that the US Federal Reserve will not raise interest rates further. On Tuesday, domestic frontline indices ended with gains as … Read more
Asian Paints: The company’s original installed production capacity of the Khandala plant has been increased to 4,00,000 KL per annum from 3,00,000 KL per annum in order to meet the medium-term capacity requirements of the company for Rs 385 crore. Wipro: Designit Tokyo Co., a step-down subsidiary of Wipro Limited, has been voluntarily liquidated with … Read more
Asian Paints: The company’s original installed production capacity of the Khandala plant has been increased to 4,00,000 KL per annum from 3,00,000 KL per annum in order to meet the medium-term capacity requirements of the company for Rs 385 crore. Wipro: Designit Tokyo Co., a step-down subsidiary of Wipro Limited, has been voluntarily liquidated with … Read more