Equities sharply down in early trade; Adani Transmission top loser

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) declined sharply during early trade on Monday and one of the top losers was Adani Transmission.

It is important to note here that Indian equity indices declined six out of past seven sessions…

Inflationary inflected: Centre suspends futures trade in 7 agri commodities

New Delhi/Mumbai (IANS) To check inflationary pressure, India on Monday suspended trade in futures contracts of some agricultural commodities for one year.

As per a Ministry of Finance notification, these agri commodities include wheat, paddy…

Mega gems, jewellery CFC to come up at SEEPZ Mumbai

Mumbai (IANS) A mega 'Common Facility Centre' (CFC) for gems and jewellery will come up at SEEPZ special economic zone in Mumbai with an investment of Rs 70 crore.

Union Commerce Minister Piyush Goyal laid the foundation stone for a…

Cosmo Ferrites turns multibagger, shares up nearly 2,000% in 2021

New Delhi (IANS) Cosmo Ferrites stocks have bagged strong and healthy returns in 2021, rising by almost 2,000 per cent.

Shares of the company rose from Rs 12 in the beginning of 2021 to Rs 247 on Friday's close.

The sharp rise in…

Mega trend: ESG investing gaining traction in India

New Delhi (IANS) The Covid-19 pandemic accelerates demand for sustainable ESG investing in india, Motilal Oswal Financial Services (MOFSL).

The ESG (environmental, social, and governance) factors determine a company's impact on society…

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

Chennai (IANS) The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association…

Equities settle sharply low; bank, financial services stocks down

New Delhi (IANS) The Indian equity indices - S&P BSE Sensex and NSE Nifty50 - settled sharply low on Friday, declining in five out of past six sessions amid heavy sell-offs.

The indices traded lower all through the session on Friday. The Sensex…

Banking services hit in Telugu states as employees go on strike

Hyderabad (IANS) Banking operations in Telangana and Andhra Pradesh came to a halt on Thursday as employees of public sector banks stayed away from work on Day 1 of the two-day strike called by the United Forum of Bank Unions (UFBU).

The strike…

Indian steel prices to fall by 10-15 percent in 2022

New Delhi (IANS) Indian steel prices will soften by 10 to 15 per cent next year as domestic and international steel spreads narrow. Supply constraints will ease due to stronger Indian crude steel production, with more material directed towards domestic…

Adani signs world's largest Green PPA with SECI

New Delhi (IANS) Adani Green Energy Ltd (AGEL), the worlds largest solar power developer and the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green…