Thursday, July 1, 2021

Five reasons why India needs to add to record forex pile

The pile touched a record $608 billion last month, thanks mainly to the Reserve Bank of India soaking up dollars flowing in as foreign direct investments, as well as into the nation’s booming stock market

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Revamped Distribution sector scheme with a focus on operational efficiency improvement, a positive for state- owned distribution utilities: ICRA

The annual book losses for state-owned discoms in FY 2021-22 are estimated at about Rs75,000cr.

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Stock market news that you should not miss today

Here is the important stock market news to watch out for today.

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SGX Nifty indicates positive opening for Indian markets

Asian markets opened in the green led by the Japanese 'Nikkei' was up over 100 points in early trade.

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Top stocks in focus: Hero MotoCorp, TCS, NCC, NMDC, Coal India

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

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SBI launches 360 dedicated Current Account Service Points

This dedicated counter christened as the Current Account Service Point (CASP) will address the critical needs of key Current Account customers and mobilize new customers.

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India selects four global firms to boost IT products manufacturing

India on Thursday named Dell Inc, Wistron Corp's ICT, Flex Ltd and Foxconn's Rising Stars as its choice of global companies in a $1 billion incentive plan to produce and boost exports of laptops, tablets and personal computers.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3ybhL3W

GAIL to pump Rs 5,000cr into new-age clean energy projects

Back from the brink of being split, state-run GAIL has lined up a Rs 5,000 crore war chest to further integrate its fortunes with the government's carbon reduction goals and is looking beyond natural gas to stay relevant in a rapidly changing energy market landscape.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Tr2blZ

Wednesday, June 30, 2021

Shreyas Shipping announces completion of transaction for business transfer to Unifeeder; Stock gains

The total consideration for the transaction is INR equivalent to over USD 31 million, the company said.

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