Welspun India extends gains, up by 12 per cent Welspun India extends gains, up by 12 per cent Nikita Singh / Wednesday, January 10, 2018 0 1827 Article rating: 5.0 Textile major Welspun India extended its gains during Wednesday’s intraday trade with a surge of over 12 per cent on BSE. The stock hit an intraday high of Rs. 82.50 per share, up by 12.32 per cent following the incorporation of the company’s wholly-owned subsidiary Welspun Nexgen on Tuesday. Read more
Motherson Sumi partners with Ossia to develop Cota technology Motherson Sumi partners with Ossia to develop Cota technology Nidhi Jani / Wednesday, January 10, 2018 0 8048 Article rating: 4.5 Motherson Sumi Systems, through its subsidiary Samvardhana Motherson Automotive Systems Group B.V. (SMRPBV), announced the formation of Joint Venture with Ossia to bring real wireless power to the automobile. Read more
Balasore Alloys to acquire majority stake in Zimbabwe firm; stock spurts Balasore Alloys to acquire majority stake in Zimbabwe firm; stock spurts Tanay Loya / Wednesday, January 10, 2018 0 2545 Article rating: No rating Balasore Alloys zoomed on the bourses by over 11 per cent in the early morning trade on Wednesday after the company announced that it will acquire 70 per cent shares of Zimbabwe Alloys. Read more
Infosys signs tax pact for US operations Infosys signs tax pact for US operations Gayathri Udyawar / Wednesday, January 10, 2018 0 2316 Article rating: No rating In order to gain predictability for the tax outgoings of its US operations, India's IT major, Infosys has signed an Advance Pricing Agreement (APA) with the U.S. tax authority. Read more
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Wednesday, January 10, 2018 0 2359 Article rating: 5.0 Overall volumes in futures & options currently stand at 51.56 lakh contracts with a turnover of Rs. 4,67,898.63 crore. Read more