Oil India has successfully commissioned the Cyclic Steam Stimulation (CSS) Technology in the well BGW - 8 in Baghewala PML of Rajasthan for extraction of heavy crude oil for the first time in India.

NMDC has reduced prices of high grade iron ore (lumps) by Rs. 300 to Rs. 3,550 per tonne for the month of December 2018 from Rs 3,850 a tonne in November. The company has also cut the prices for iron ore fines, which are inferior grade ore, by Rs. 200 to Rs. 3,110 per tonne for December from Rs. 3,310 a tonne in November.

The company's board approved the Scheme of Amalgamation of Dolvi Minerals and Metals Private Limited (DMMPL), Dolvi Coke Projects Limited (DCPL), JSW Steel Processing Centres Limited (JSPCL) and JSW Salav with JSW Steel. 

Lupin has received the Establishment Inspection Report (EIR) from the US drug regulator upon completion of inspection of its facility in Tarapur, Maharashtra. The inspection was conducted between August 27 and August 31, 2018 concluded with one observation.

GMR Infrastructure’s step down subsidiary, Kakinada Gateway Port (KGPL) has signed the Concession Agreement with the government of Andhra Pradesh for the development of a greenfield commercial port on Design, Build, Finance, Operate and Transfer (DBFOT) basis in Kona Village, East Godavari District, Andhra Pradesh.

ITC is eyeing at portfolio expansion in its food division to achieve the stated vision of achieving Rs. 1 lakh crore turnover from FMCG by 2030. The food category, which drives the fast-moving consumer durable industry, is expected to contribute around 60-65 per cent of its turnover by 2030.

Non-banking finance company Sundaram Finance which holds a majority stake in Royal Sundaram has signed an agreement with Ageas International to divest 40 per cent stake for a total consideration of Rs. 1,520 crore.

Indian Cements reported its results for the quarter ended September 30, 2018. The company's standalone revenue for the quarter Q2FY19 came in at Rs. 1,387.05 crore as against Rs. 1,268.26 crore in the corresponding quarter last year, registering 9.4 per cent YoY increase.

The PAT for the quarter came in at Rs. 1,962.96 crore as against Rs. 1,309.63 crore in the corresponding quarter last year, yoy increase of 50 per cent.

The facility (KRS Gardens) in Bangalore is the largest facility for the company and has the capability in several dosage formats including tablets, capsules (both hard gelatin and soft gelatin), ointments, creams and liquids. The facility supports several important current and future submissions for the US market.

The company's consolidated revenue for the quarter Q2FY19 came in at Rs. 363.36 crore as against Rs. 311.5 crore in the corresponding quarter last year, registering an increase of 16.6 per cent YoY.

The company's consolidated revenue for the quarter Q2FY19 came in at Rs. 501.4 crore as against Rs. 460.65 crore in the corresponding quarter last year, registering an increase of 8.8 per cent YoY.

The company's standalone revenue for the quarter Q2FY19 came in at Rs. 242.91 crore as against Rs. 179.64 crore in the corresponding quarter last year, registering an increase of 35.2 per cent YoY.

BCL Industries & Infrastructures has been allotted by the Nodal Agency, i.e. BPCL, around 2.50 crore litre of ethanol to be supplied for the period starting from December 1, 2018 to November 30, 2019.

Pursuant to the acquisition of shares of DMMPL, the company is now a wholly-owned subsidiary of JSW Steel, wherein JSW Steel and its nominees hold 100 per cent of the issued and paid-up equity share capital of DMMPL.

The company invited offers for arranging of a term loan in Japanese yen for an aggregate amount of US$150 million equivalent with a green shoe option to retain over-subscription up to US$250 million equivalent on October 18.

Security and Intelligence Services India (SIS) has been awarded a three-year contract valued at around Rs. 300 crore to provide security solutions to 47 facilities of Cognizant Technologies located across India.

Indian Hotels Company has signed pact with R&R Hotels and Resorts to open a new Vivanta hotel in Kathmandu in Nepal. This will be the company's second hotel in Nepal after Meghauli Serai in Chitwan National Park in Nepal.

The Indian Hume Pipe company has received Letter of Acceptance (LoA) for the work of Rs 221.72 crore from Madhya Pradesh Jal Nigam for engineering, procurement, construction, testing, commissioning, trial run and operation and maintenance of various components of Indwar-I multi-village rural water supply scheme in Umaria district and Katni

HCL SSHS (State Street HCL Services) Facility, a joint venture between HCL Technologies and US-based State Street Corporation plan to open a state-of-the-art IT Centre at Medha Tech Park in Ganavaram, Vijayawada

Voltas Limited, India’s leading air-conditioner brand and Ardutch B.V., a subsidiary of Arçelik, a leading player in the home appliances industry of Turkey, launched their brand - Voltas Beko. The brand will provide a wide range of home appliances which include Refrigerators, Washing Machines, Microwaves, and Dishwashers.

Narayana Hrudayalaya’s step-down subsidiary, NH Health Bangladesh, has entered into definitive agreements to partner with Imperial Hospital in Chittagong, Bangladesh to operate and manage their cardiac sciences department.

NTPC has started its first electric vehicle charging station in Simhadri, Vishakhapatnam in the state of Andhra Pradesh (AP) in line with the government's plan to switch to clean mobility. The company focuses on promoting clean energy transportation in the country and increasing demand for electric vehicles and power generation.

ITI has signed agreements with 58 start-up companies manufacturing solutions related to information and communication technology (ICT), Internet of Things (IoT) and defence technology, to provide fillip to entrepreneurship.

Time Technoplast has tied-up with global specialty chemicals giant Dow for bringing in revolutionary technology-based Smart Cans that enables the transition from large traditional rigid containers to flexible packaging options in the consumer product segment.

Bharti Airtel has expanded its partnership with Netflix in India through which subscribers of select Airtel Postpaid and V-Fiber Home Broadband plans will receive a three month Netflix subscription. 

Tech Mahindra has received an approval from its board to acquire 100 per cent shareholding on a fully diluted basis in Inter-Informatics spol.s.r.o., an entity based in the Czech Republic through its wholly-owned subsidiary, Mahindra Engineering Services (Europe).

Ratnamani Metals & Tubes has received two new orders for supply of CS Pipes from the Oil & Gas sector. Following the development, the stock was quoting Rs. 869.65 per share, up by 1.08 per cent, at 11:46 am on Monday.

India is the second largest manufacturer of H-acid globally after China. This industry is witnessing a good time, following China's crackdown on local industry to lower pollution.

Ion Exchange reported that it has successfully signed a contract for engineering, procurement, supply and construction of water treatment plant worth Rs. 438.84 crore from Cairn Oil & Gas, a division of Vedanta.

Fineotex Chemical reported its results for the quarter ended June 30, 2018. Fineotex Chemical consolidated revenue for the quarter came in at Rs. 42.86 crore, registering 6.5 per cent yoy increase.

EBITDA for the quarter rose by 19.8 per cent yoy to Rs. 21.2 crore with a corresponding margin contraction of 795 bps. EBITDA margin for the quarter stood at 15 per cent. The PAT for the quarter came in at Rs. 10.22 crore, yoy increase of 77.4 per cent.

Suven Life Sciences reported its results for the quarter ended June 30, 2018. The company’s standalone revenue for the quarter came in at Rs. 191.66 crore, registering 35.9 per cent yoy increase. This was mainly driven by a jump in revenue from the manufacturing segment by 35.2 per cent yoy.

Through this acquisition, the company aims to expand its pharma manufacturing footprint, said the company's filing to the exchange. The cost of acquisition is Rs. 155.55 crore and the deal will be completed by the end of September 2018

Navratna public sector undertaking NBCC (India) Limited bagged an order worth Rs. 150 crore for the construction of an integrated office building at Sec-23, Dwarka, New Delhi for the Central Board of Secondary Education (CBSE).

BLS International Services Limited. has said that its wholly-owned subsidiary BLS E-Services Private Limited has acquired Delhi-based Starfin India Private Limited, a Banking Business Correspondent of India’s largest bank, State Bank of India. 

U.S. Food and Drug Administration (FDA) has accepted for review the company’s New Drug Application for Ryaltris, an investigational fixed-dose combination nasal spray for seasonal allergic rhinitis (SAR) in patients 12 years of age and older.

Hawkins Cookers Limited reported its results for the quarter ended June 30, 2018 during market hours on Monday. The company's standalone revenue for the quarter came in at Rs. 120.74 crore as against Rs. 84.78 crore in the corresponding quarter last year, registering 42.4 per cent YoY increase.

BEML LIMITED, a public sector company under the Ministry of Defence and a premier manufacturer of Rail Metro Products, has said that it has inaugurated the 8W DETC (Self Propelled 8 Wheeler Diesel Electric Inspection 85 Maintenance OHE Tower Car) at its Bangalore Complex.

It has signed memorandum of understanding with the ministry for the project and the scope of work includes conceptualisation, design and construction of the 4,614 sqm India pavilion and other utilities, an official release said.

Local equity benchmarks continued to show a positive trend in the morning session, with Sensex and Nifty gaining more than 300 and 70 points, respectively. ITC, SBI, and Bharti Airtel were the top gainers, while Yes Bank, Adani Ports & SEZ, Power Grid and ONGC dipped. 

The Department of Telecommunication(DOT) has given its approval for the amalgamation after the two firms provided for Rs. 7,248.78 crore as one-time spectrum charge (OTSC)

Sanwaria Consumer Limited's standalone revenue for the first quarter of fiscal year 2019 has marginally increased by 4 per cent to Rs. 1,200.14 crore on YoY basis. EBITDA for the quarter has increased by 45.8 per cent to Rs. 60.15 crore as compared to same quarter of previous fiscal year.

The company’s EBITDA for the quarter rose by 36.6 per cent yoy to Rs. 1,281.42 crore with a corresponding margin expansion of 124 bps. EBITDA margin for the quarter remained flat at 17.3 per cent. The PAT for the quarter came in at Rs. 1,115.23 crore, yoy increase of 20.7 per cent.

Sterlite Technologies, an end-to-end global digital network company, posted its financial results for the first quarter ended June 30, 2018. The company’s standalone revenue for the quarter came in at Rs. 876.89 crore, registering 17.8 per cent yoy increase.

Asian Granito India (AGL) will launch tiles products on August 1, 2018 at Mumbai under different verticals with exclusive design and pattern to upgrade its product portfolio. The company is launching more than 325 products across the verticals.

Sun Pharmaceutical Industries including its subsidiaries and/or associate companies have received approval from the US Food and Drug Administration (USFDA) for Infugem (gemcitabine in 0.9 per cent sodium chloride injection) 10 mg/mL, for intravenous use in a ready-to-administer (RTA) bag.

Dr. Reddy's Laboratories has launched Hydroxychloroquine Sulfate Tablets USP, 200 mg, a generic version of Plaquenil Tablets, in the US market. The drug was earlier approved by the US Food and Drug Administration (USFDA).

Domestic telecom equipment maker Himachal Futuristic Communications (HFCL) has received orders worth Rs. 583 crore from state-owned Bharat Broadband Network Nigam Limited.

This strategic collaboration enables Parag Milk Foods to strengthen its offerings in the health & nutrition segment, which further reiterates its leadership in the value-added products category.

Jiya Eco Products’ subsidiary company, Jiya Eco Gandhidham, is setting up new pellet plant in 3 acres field at Gandhidham in the state of Gujarat. Commencement of operations at the new plant will benefit the company's renewable energy segment and drive growth.

Larsen & Toubro InfoTech inaugurated latest global delivery center in Johannesburg. The 30,000+ sq. ft. state-of-the-art center with a capacity of 250 seats will help the company expand its operations in South Africa across all sectors.

Phoenix Mills’ (PML) wholly-owned subsidiary, Insight Hotels & Leisure has acquired an under-construction retail asset in Indore. PML has acquired the asset for Rs. 2.34 billion in an auction conducted by an Asset Reconstruction Company.

Arvind is planning to expand its textiles business to Rs. 10,000 crore by 2023, from Rs. 6,000 crore now. This will be achieved through verticalisation, more garmenting, ramping up advanced materials division which is into specialised textiles and adopting newer technologies.

Sadbhav Infrastructure Project has signed maintenance contract worth Rs. 55 crore with wholly-owned subsidiary (WOS) – Sadbhav Jodhpur Ring Road for maintenance and repairs works during the tenure of the development and construction work. 

Dr. Reddy's Laboratories has received final approval from the US drug regulator for launching Buprenorphine and Naloxone Sublingual Film in the US market. The product is being launched through an approved Risk Evaluation and Mitigation Strategy (REMS) Program.

Steel business contributes a profit before tax of Rs 99 crore where as the wire and wire rope business contributes Rs. 209 crore profits which states that the wire business is more profitable than the steel.

The three-day meeting of MPC ended with the members unanimously favoring a repo rate hike of 25 basis points raising the rate to 6.25 per cent, citing rising inflationary pressure. This is for the first time in over four years that there was consensus among the MPC panelists.

The company has managed to save over 8.3 lakh tonnes of CO2 emission over the past decade through the introduction of eco-friendly vehicles.

Om Metals Infraprojects, in a joint venture (JV) with Patel Engineering, has bagged a contract worth around Rs 92 crore from Tamil Nadu Generation and Distribution Corporation (TANGEDCO), on the upstream of power house pertaining to phase 1 of Kundah pump storage hydroelectric project (1x125 MW) in Nilgiri district. 

In early 2015, the government had tried the same strategy to cope up with rising oil prices in the international market and managed to give some relief to consumers. ONGC was asked to sell oil to refiners at a discount.

The global trade war has already left a negative footprint in the economy and dented the benchmark indices, but the story is not finished yet as the US is now imposing tariffs on imported cars and trucks, which can create trade tensions and shake up the global auto industry. 

Its lending plan for this financial year is 20 per cent higher than the previous year and the NCD issue is set to open on May 22 and close on June 4, with a base size of Rs. 3,000 crore and an option to retain over subscription of up to Rs. 9,000 crore.

Yet another NBFC plans to hit the market and expects to raise ~Rs.1840 – 1844 crore. The IPO comprises a fresh issue of equity shares aggregating up to Rs. 700 crores and offer of sale of up to 2,00,00,000 equity shares in which Indostar Capital is the major promoter selling its stake of up to 1,85,08,407 shares.

Kridhan Infra’s subsidiary, Swee Hong has successfully won order worth Rs. 56.6 crore (SG$11.3 million) in Singapore. Swee Hong has secured these contracts from the Public Utilities Board for work in respect of proposed sewers in Punggol North Area.

NEA has selected the company for upgrading its Supervisory Control and Data Acquisition/ Energy Management System (SCADA/EMS) at its Load Dispatch Center (LDC) in Kathmandu, Siemens said in a regulatory filing.

SKIL Infrastructure has increased paid-up equity share capital in Navi Mumbai Smart City Infrastructure (NMSCIL) and with this, NMSCIL is ceased to be a subsidiary of the company.

Premier Explosives (PEL) and the French defence company Nexter have decided to tie-up for manufacturing Bi-Modular Charge Systems (BMCS) in order to respond to the needs of the Indian Ministry of Defense.

After China’s retaliation with $50 billion tariffs on 106 US products, US further aggravated the situation by imposing $100 billion worth of more tariffs on imports from China. This led to more volatility and slump in oil prices.

ICICI Securities offers a wide range of financial products including investment banking, institutional broking, retail broking, private wealth management and financial product distribution. The company is the largest equity broker in India since fiscal 2014 by brokerage revenue. 

Oriental Bank which is one of the lead lender with half of the loan exposure has filed a complaint against Lotus Auto Engineering with NCLT (National Company Law Tribunal),

Zensar, an RPG company, is on the move to acquire the US-based Cynosure Inc. for US$33 million. Cynosure focuses on providing Guidewire platform implementation services to property and casualty (P&C) insurance carriers.

As per the norms stated by TRAI, no operators should present segregated or segmented offers to its subscribers to retain them without displaying the tariffs on the company's website. 

The bank regulator Reserve Bank of India has imposed a fine of Rs. 10 lakhs on Equitas Small Finance Bank (SFB) as the company was selling mutual fund, pension and insurance products without taking approval from the regulator.

Ramky Infrastructure, the company with a market cap of Rs. 1,150 crore has been awarded Rs. 939 crore project for construction of proposed Srinagar Semi-Ring Road/ Bypass from Gallander to Crossing of Sumbal Road by the National Highway Authority of India (NHAI).

Sinha has informed the bourses that the government plans for a strategic alliance between MTNL and BSNL which can benefit both the companies, the final announcement for this will be made at a press meet later on Thursday.

Akzo Nobel India, which produces paint under the famous brand Dulux, has entered into definitive agreement with Akzo Nobel Chemicals India Pvt. Ltd., for divestment of its chemicals business for a consideration of Rs 320 crore

The company's EBITDA for the quarter jumped to Rs 4.7 crore with a corresponding margin expansion of 937 bps. Its EBITDA margin for the quarter stood at 10.9 per cent.

In response to the government's call for all electric vehicle by 2030, the auto industry is displaying stunning electric as well as hybrid concept car at Auto Expo 2018. But in the same breath automakers are asking for incentives, tax sop to provide affordability to consumers along with eco-friendly technology.

As Indian markets witnessed their worst fall in the recent times on Tuesday, now what is puzzling the investors most is whether they should buy on dips or sell on rallies?

Furthering the Budget 2017 impetus on Housing for All, the government has assigned infrastructure status to affordable housing projects in this year's budget.On Thursday, the Finance Minister announced that the government will set up an affordable housing fund under the National Housing Bank (NHB).

Our honorable FM has showed his focus in #budget2018 to improve the education sector with an aim to invest Rs 1 lakh crore for education sector in four years in order to emerge as the fastest growing nation over the next decade Indian youth should be kept into the focus.

The founder of Equity Intelligence India, Mr  Veliyath has bought 1,50,000 shares of the small cap  company on BSE at Rs.197 per share on Wednesday, which made the stock rose to 11.61 per cent  and touched a days high of  Rs.262.90 on BSE.

Telecom stocks zoomed on Friday after the elder brother Mukesh Ambani cued buying of Anil Ambani’s Reliance Communication assets under its new but popular Reliance Jio brand. Jio inked definitive agreement to buy out RCom assets which would help RCom repay debts which currently stands at around Rs. 49,000 crore.

We are at the doorstep of 2018 and that the trading the month of January 2018 would kick off with the auto sales data. The last trading day of 2017 witnessed a sharp upsurge in the Nifty Auto index may be ahead of good auto sales numbers to be released by Auto majors in the next week.