The company has already started the commercial production at its subsidiary plant and expect a gradual ramp up in the near future. It is also expecting an environmental clearance for its 90-acre Greenfield project in November 2019.

The Indian equity markets were poised to break into a new record territory post the strong global cues and supportive domestic developments during early trade on Thursday. Index was topped by Infosys, SBI and Tata Motors which traded higher by 4.33 per cent, 4.29 per cent and 3.40 per cent intra-day.

Intellect Design Arena announced that it would offer its Digital Core solution, IDC 19.1, to the UK-based The Commonwealth Trade Bank.

Welcome to last trading session of the October month! It also happens to be the last trading session of the October F&O series. This month has been a favourable month for the bulls as Nifty has logged gains of approximately 3 per cent with improved market breadth. The bulls would like to end the month on a high note and extend their lead.

The low of the prior bar, that is 11,784, would now act as an immediate support level, followed by 11,720 levels. While on the upside, the immediate resistance would be seen around 11,880 levels. Stocks in news: Reliance Industries, Vodafone Idea, ICICI Lombard General Insurance Company, TVS Motor, Intellect Design Arena, CreditAccess Grameen, HDFC, Arrow Greentech, Bharti Airtel.

The survey aims to collect and assess qualitative assessments of the business climate by companies in India's manufacturing sector for Q2FY20 and their expectations for the current quarter. 

Indian equity benchmarks gained over half a per cent on Wednesday, on the back of better-than-expected corporate earnings from some frontline companies. This was the second consecutive day of rise for the domestic markets, crossing the crucial 40,000 (Sensex) and 11,850 (Nifty) level.

Ramco Cements has reported results for second quarter ended September 30, 2019. The shares of the company gained over 6 per cent intraday on Wednesday owing to result announcement.

The stock of United Bank of India hit its upper circuit of 20 per cent before closing for trading at Rs. 8.9 per share on Wednesday. The surge in the stock price was due to improved financial results announced by the bank for Q2FY20.

RBI has imposed a penalty of Rs. 1 crore on Bandhan Bank due to failure to bring down the shareholding of Bandhan Financial Holding to 40 percent of its paid-up voting capital within three years from commencement of the business of the bank.