Filing of petition for development of new Power Exchange in India
Filing of petition for development of new Power Exchange in India

Filing of petition for development of new Power Exchange in India

Shohini Nath Article rating: 5.0

BSE along PTC India Limited and ICICI Bank Limited  filed a petition with the power market regulator, CERC (Central Electricity Regulatory Commission) on September 7, 2018 for grant of license for setting up a new power exchange.

Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive
Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive

Nifty FMCG stocks tumble 3 per cent, HUL and ITC dive

Dnyanada Kulkarni Article rating: 5.0

The FMCG sector is considered defensive and resilient. However, recently the FMCG stocks were among the top losers on the NSE. The Nifty FMCG index closed down by 1.73 per cent at 30,811.60.

TVS Motors enjoys milestone sales of Apache, stock recovers early losses
TVS Motors enjoys milestone sales of Apache, stock recovers early losses

TVS Motors enjoys milestone sales of Apache, stock recovers early losses

Bhagyashree Vivarekar Article rating: 5.0

A flagship of TVS Group, the two/three wheeler major, TVS Motors released sales report for its premium brand TVS Apache on Monday. TVS Apache which is one of the fastest growing motorcycle brands has achieved 3 million sales milestone. The stock of TVS recovered from 1.3 per cent loss and is trading flat from the previous close at 14:54 hours.

Tata Motors dips 2 per cent after JLR sales plummet
Tata Motors dips 2 per cent after JLR sales plummet

Tata Motors dips 2 per cent after JLR sales plummet

Dnyanada Kulkarni Article rating: 5.0

Jaguar Land Rover sales dropped by 4.9 per cent (YoY) to 36,629 units in the month of August. Consequentially, in the Monday morning trade, the stock of Tata Motors witnessed a 2 per cent drop. The stock reported an intraday high of Rs. 276.30 and an intraday low of Rs. 272 per share.

 

Hi-Tech Pipes installs power plant, stock up
Hi-Tech Pipes installs power plant, stock up

Hi-Tech Pipes installs power plant, stock up

Bhagyashree Vivarekar Article rating: 4.0

Hi-Tech Pipes announced the installation of 400 KW grid-connected solar power plant. This rooftop solar project will be conducted at its Hindupur facilities, Andhra Pradesh. The stock of Hi-Tech Pipes is trading up gaining 4.1 per cent at 13:58 hours, despite weakness in the markets.

Power Mech bags 3 orders worth Rs. 247 crore
Power Mech bags 3 orders worth Rs. 247 crore

Power Mech bags 3 orders worth Rs. 247 crore

Shohini Nath Article rating: 5.0

Power Mech has received a Letter of Intent for several work orders totalling to Rs. 247 crore. The share price of the company has however remained modest.

Add-Shop Promotions goes public
Add-Shop Promotions goes public

Add-Shop Promotions goes public

Shohini Nath Article rating: 3.3

The equity shares of Add-Shop Promotions Limited (Scrip Code: 541865) were listed on the exchange, on Monday, post its IPO which was open for subscription from August 21, 2018 to August 30, 2018.

Omax Autos surges 5 per cent on plans of new unit
Omax Autos surges 5 per cent on plans of new unit

Omax Autos surges 5 per cent on plans of new unit

Shohini Nath Article rating: 4.0

Omax Autos held a board meeting on Friday, September 7 where they approved the proposal for establishing a new manufacturing unit in Uttar Pradesh. The stock climbed up 5 per cent intraday post the news.

Tata Communications opens cyber security centre in Dubai
Tata Communications opens cyber security centre in Dubai

Tata Communications opens cyber security centre in Dubai

Apurva Joshi Article rating: 5.0

Tata Communications has unveiled an advanced cyber security response centre in Dubai. The facility was jointly inaugurated by UAE's Minister of State for Artificial Intelligence, Omar bin Sultan Al Olama and Navdeep Suri, Indian Ambassador to the UAE.

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