Adani Power has spiked up more than 17 per cent in the closing hours of trade on Tuesday as it received approval for the acquisition of the entire stake of Adani Power Dahej (APDL), Adani Pench Power (APPL) and Kutchh Power Generation (KPGL) from Adani Enterprises (AEL). 

A navratna firm Bharat Electronics (BEL) and Bharat Forge has entered into a memorandum of Understanding (MoU) for strategic co-operation in the field of defence and aerospace products / systems to jointly capitalise on the emerging opportunities in the domestic market.

The maker of iconic bike Royal-Enfield, Eicher Motors informed bourses that workers have resumed work at Royal Enfield’s Oragadam, Chennai facility and reported to work effective from Saturday, February 23, 2019.

The Indian rupee weakened against the US dollar on account of fresh demand for the US currency from importers. 

Following stocks are close to their 52-weeks low as at 2.20 p.m. on February 26, 2019.

The markets on February 26, 2019 opened gap down. BSE Sensex is trading at 36,079.64, down by 133.74 points and the Nifty is trading at 10,859.35, down by 20.75 points. 

The shares of Dewan Housing Finance Corporation Limited (DHFL) plummeted more than 5 per cent this morning after the credit rating agency ICRA downgraded the company’s commercial papers to A2+ from A1+.

Power Mech Projects has bagged orders worth Rs. 202 crore for various projects including rail works in Kanpur, UP; LPG pipeline work in Mundra-Mithirohar, Gujarat; power cycle piping work at Thiruvallur, TN and O&M works of power unit at Khandwa, Madhya Pradesh.

The foreign direct investment (FDI) flows have seen a substantial drop and may record a full year decline for the first time since the Narendra Modi-led NDA took office in 2014.

Looking at the sharp fall in the NAV of debt MFs, people are looking for more safer options. Let's find out if gilt funds can prove to be one of them.