16/09/2023
Stock Market News Live:
TataSteel's Port Talbot project to involve Tata Steel’s balancesheet being restructured with potential elimination of current cash losses in UK ops & elimination of non-cash impairment of legacy investments
Procurement of Light Armoured Multipurpose Vehicles, Integrated Surveillance & Targeting System and Next Generation Survey Vessels gets a nod
Proposals for avionic upgradation of Dornier Aircraft; procurement of Dhruvastra Short Range Air-to-Surface Missile & 12 Su-30 MKI Aircraft also cleared
Hindustan Aeronautics gets DAC approval for AON for procurement of 12 Su-30MKI Aircraft & avionics upgradation of Dornier Aircraft
IndianOil clears Rs 904-crore additional investment in Hindustan Urvarak & Rasayan
Government's 10-point response to issues raised on India's data
BAJAJ HOLDINGS: CO DECLARED INTERIM DIVIDEND OF RUPEES 110 PER SHARE
STRIDES PHARMA: CO RECEIVES TENTATIVE USFDA APPROVAL FOR DOLUTEGRAVIR/ LAMIVUDINE/ TENOFOVIR DISPROXIL FUMURATE TABLETS" || IT HAS US SALES OF 650M USD
J KUMAR INFRA: CO RECIEVES LOI FROM AAA INSOLVENCY PROFESSIONALS LLP FOR SALE OF ASSETS OF PSL LIMITED || DEAL VALUE FOR SALE OF ASSETS IS 106 CR RUPEES
INDIA TRADE OFFICIAL: DECLINE IN EXPORTS OF PETROLEUM PRODUCTS MAKES FOR NEARLY HALF OF INDIA’S EXPORT DECLINE || SAYS CHINA REMAINS INDIA’S TOP IMPORT SOURCE NATION DESPITE SOME DECLINE IN SHIPMENTS
INDIA TRADE OFFICIAL SAYS INDIA ALLOCATED 300,000 METRIC TONS OF WHEAT EXPORTS TO NEPAL IN JULY || SAYS BOTH INDIA AND UK NOT BINDING OURSELVES ON ANY TIMELINE FOR AN FTA
INDIA TRADE OFFICIAL: HAVE PAUSED NEGOTIATIONS WITH CANADA ON FTA AMID CERTAIN POLITICAL DEVELOPMENTS IN CANADA
TATA STEEL:
CO AND THE UK GOVERNMENT JOINTLY AGREE ON A PROPOSAL FOR THE LARGEST INVESTMENT IN THE UK STEEL INDUSTRY FOR DECADES
CO SAYS THE PROPOSAL LAYS THE DECARBONISATION PATHWAY TOWARDS GLOBALLY COMPETITIVE AND SUSTAINABLE STEEL MAKING IN PORT TALBOT, UK
UK GOVERNMENT AND CO JOINTLY AGREE ON A PROPOSAL FOR INVESTMENT IN THE UK STEEL INDUSTRY
TATA STEEL:
PROPOSED PROJECT WOULD ENSURE CONTINUITY OF STEEL MAKING IN PORT TALBOT
TATA STEEL UK WILL SOON COMMENCE CONSULTATION ON THE PROPOSAL AND THE TRANSITION PERIOD
PROPOSED PROJECT WOULD ALSO INVOLVE CO'S BALANCE SHEET BEING RESTRUCTURED WITH POTENTIAL ELIMINATION OF CURRENT CASH LOSSES IN UK
TATA STEEL:
DEAL WITH UK GOVT INCLUDES GRANT FROM UK GOVERNMENT OF UP TO £500M
CO TO INVEST ABOUT £20M OVER 4 YEARS TO SET UP TWO MORE CENTERS IN THE UK
CO, UK GOVT ANNOUNCE A JOINT AGREEMENT ON A PROPOSAL TO INVEST IN ELECTRIC ARC FURNACE STEELMAKING AT PORT TALBOT SITE AT £1.25B
TEXMACO RAIL & ENGINEERING:
CO APPROVED RAISING OF FUNDS UP TO 10B RUPEES
CO APPROVED RAISING OF FUNDS BY ISSUANCE OF EQUITY SHARES THROUGH QUALIFIED INSTITUTIONS PLACEMENT
CO APPROVED RAISING OF FUNDS BY ISSUANCE OF EQUITY SHARES VIA PREFERENTIAL ISSUE
CO APPROVED RAISING OF FUNDS WORTH 500M RUPEES VIA ISSUE OF SHARES
HAL: DEFENSE MINISTRY ACCORDED APPROVAL FOR AON FOR PROCUREMENT OF 12 SU-30MKI AIRCRAFT, ASSOCIATED EQUIPMENT, AVIONICS UPGRADATION OF DORNIER AIRCRAFT
HAL: CO TO MANUFACTURE 12 RUSSIAN-ORIGIN SUKHOI-30MKI FIGHTERS WORTH 110B RUPEES IN INDIA || THE 110B RUPEES PROJECT WOULD INCLUDE THE AIRCRAFT AND RELATED GROUND SYSTEMS
BHARAT ELECTRONICS: CO RECEIVES ORDERS WORTH 30B RUPEES
INDIA INCREASES WINDFALL TAX ON PETROLEUM CRUDE TO 10,000 RUPEES/TONNE FROM 6700 RUPEES/TONNE WITH EFFECT FROM SEP 16- NOTIFICATION
INDIA GOVT CUTS WINDFALL TAX ON DIESEL TO 5.50 RUPEES/LITRE FROM 6 RUPEES/LITRE WITH EFFECT FROM SEP 16- NOTIFICATION
NIPAH VIRUS MORTALITY RATE HIGHER THEN COVID SAYS ICMR
The mortality rate among those infected with the Nipah virus is much higher compared to those infected with Covid, Indian Council of Medical Research (ICMR) chief Dr Rajiv Bahl said on Friday
According to Dr Bahl, the Nipah virus has a mortality rate between 40-70 per cent compared to Covid's 2-3 per cent.
India is in talks with 22 countries for bilateral trade in Rupee - Nirmala Sitharaman.
Indian stock market hits all time high today with Sensex hitting 67,838.63 and Nifty climbing to record 20,0192.35.
India's Trade in August, 2023. (Merchandise)
Exports - $34.48 billion
Imports - $58.64 billion
India-Canada Free Trade Agreement (FTA) negotiations stalled due to certain political developments in Canada.
Infosys ranked 64th among top 100 companies on Times Magazine's list of World's Best Companies in 2023. Only Indian firm to feature in the list. Infosys
To cut reliance on China, Russia turns to India for aluminium feedstock. (Reuters)
Under construction of Shri Ram temple, Ayodhya at Uttar Pradesh.
