Construction major Larsen & Toubro and Canadian pension fund manager Canada Pension Plan Investment Board (CPP) have sold their 100% stake in L&T IDPL, infra asset ownership entity, for `6,000 crore EV. `2,720 crore is the gross equity receipts with L&T’s 51% share implying `1,390 crore receipt. Buoyant equity markets is helping L&T with its […]
To serve the influx of commuters on New Year’s Eve, the Central Railway has announced that four special suburban trains will facilitate passengers between midnight of December 31, 2023 and January 1, 2024.These four special trains will cater to the rush as peoplefrom extended suburbs visit famous locations like the Gateway of India in south […]
In a concerning development, scientists are sounding the alarm about the potential spread of a condition known as chronic wasting disease (CWD), often referred to as “zombie deer disease,” from animals to humans. Over the past year, around 800 cases of CWD have been identified in deer, elk, and moose in Wyoming, USA. The disease […]
Vertex Pharmaceuticals and CRISPR Therapeutics made history last month by gaining approval for the first CRISPR-based drug, exagamglogene autotemcel (Casgevy). However, given that 88% of CRISPR drugs are in the early stages of development, it is unlikely to see another CRISPR approval any time soon, says GlobalData, a leading data and analytics company. In November […]
Domestic equity benchmarks opened in red on Thursday amid negative sentiment in global markets. The BSE Sensex fell 296.34 points or 0.49% to 60,613.94 and NSE Nifty 50 dropped 83 points or 0.46% to 18,039.50. The top gainers of the Sensex were Sun Pharma, Bharti Airtel and State Bank of India while Hindustan Unilever, Bajaj […]
NESTle declared an in-line set of results; however, the tonnage dip in Q4CY22compared to preceding quarters indicate that the high inflation is likely to curb volume growth in the near-term. The company is planning a capex of Rs 5,000 crore over the next three years, which is expected to boost volume growth, especially in prepared […]
By Shrikant Chouhan The benchmark indices corrected sharply, as the Nifty 50 shed over 195 points whereas the BSE Sensex was down by 554 points. Among sectors, all the major sectoral indices registered technical selloff but reality lost the most, shedding over 2.5 per cent. Technically, on daily charts the Nifty/ Sensex has formed a […]
Benchmark indices BSE Sensex and NSE Nifty traded with sharp cuts before trimming losses amid high volatility intraday. The 30-share BSE Sensex trades flat, down 43 points or 0.07% to 59,457 and NSE Nifty declines 2 points or 0.01% to 17,646. Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank and HDFC Bank are the most […]
Foreign institutional investors (FII) sold shares worth a net Rs 3208.15 crore while domestic institutional investors (DII) bought shares worth a net Rs 2430.62 crore on Wednesday, January 11, 2023, according to the data available on NSE. For the month till January 11, FII sold shares worth a net Rs 13,334.06 crore while DII bought […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: After falling for eight consecutive sessions, domestic indices reversed the downtrend and ended the first session of March broadly in the green territory. The NSE Nifty 50 surged 146.95 pts or 0.85% to 17,450.90 and BSE Sensex settled 448.96 pts or 0.76% higher at 59,411.08. […]
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