Isgec Heavy Engineering announced today that it has received an order for a slop fired boiler from a prestigious company in the sugar industry for their distillery plant.

The company announced the addition of two residential plots in Sanpada (Navi Mumbai) from City & Industrial Development Corporation (CIDCO).

The subsidiary of Biocon Ltd i.e. Biocon Biologics announced on Monday that it has received CHMP approval to market Abevmy, which is a biosimilar to Avastin.

For the month of February 2021, the benchmark index-BSE Sensex gave a 6.08 per cent return. On January 29, 2021, it had closed at 46,285.77 and at 49,099.99 as of February 26, 2021. 

KEC International, a global infrastructure EPC major & RPG Group company has secured orders worth Rs 1,140 crore across various businesses.    

Reliance Strategic Business Ventures Limited, which is a wholly-owned subsidiary of Reliance Industries Limited informed that it has acquired additional equity stake in its investee company, skyTran Inc. The acquisition took place for a consideration of USD 26.76 million; thus, increasing Reliance’s stake to 54.46 per cent on a fully-diluted basis in skyTran Inc.

Mirae Asset Mutual Fund launches Mirae Asset Corporate Bond Fund. Read onto find out more about it.

APL Apollo Tubes: The board of directors of the company at its meeting has considered and approved a draft scheme of amalgamation of Shri Lakshmi Metal Udyog Limited and Apollo TriCoat Tubes Ltd with the company and their respective shareholders & creditors.

Friday was the last trading session of the week and it was also the final trading session of the week. So, we got the weekly as well as the monthly closing. Bears completely dominated Friday’s session as Nifty witnessed a massive fall of 3.76 per cent, which was the sharpest fall since early May 2020 in percentage terms.

SGX Nifty is Nifty Futures contract, which trades on Singapore Stock Exchange. It starts trading early morning, approximately 3 hours before the Indian market, and trades for 16 hours on Singapore Stock Exchange while in comparison, Nifty trades for 6 hours & 15 minutes in the Indian Stock exchange, i.e. on NSE & BSE.