Equity indices fall, Sensex down 500 points

Mumbai (IANS) The key Indian equity indices continued to decline on Thursday, with the BSE Sensex losing over 500 points.

Heavy selling pressure was witnessed in auto, finance and IT stocks.

Decline in the index heavyweights such as…

Adani Green to buy 74.94 MW solar projects of Sterling & Wilson

Mumbai (IANS) Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement for the acquisition of 100 per cent stake in two special purpose vehicles (SPV) holding 74.94 MW operating solar projects of Sterling…

NLC India-Coal India JV to invest in 3,000 MW solar power

Chennai (IANS) Integrated lignite mining-cum-power generation company NLC India Ltd and Coal India Ltd have plans to get into 3,000 MW of solar power generation, a top NLC India official said.

"NLC India and Coal India have formed a joint venture…

Sensex shed major gains after reclaiming 50,000

Mumbai (IANS) The Indian equity indices shed major gains made during the initial trade on Tuesday, with the BSE Sensex trading below the 50,000-mark.

It rose above the landmark level to touch an intraday high of 50,115.24 points.

Around…

Market in red, indices trim major losses

Mumbai (IANS) The key Indian equity indices traded in the negative territory on Monday morning.

The market has, however, trimmed major losses made during the initial trade.

At 10.19 a.m., Sensex was trading at 49,717.60, lower by 140.64…

Telecom subscribers' addition on steady path: MOFSL

New Delhi (IANS) India's telecom subscribers' addition came back on steady path in January 2021, Motilal Oswal Financial Services said in a report.

Accordingly, the total subscriber base increased to 1.16 billion in January 2021.

20 states with ease of doing business to borrow Rs 39K cr

New Delhi (IANS) Twenty states who have successfully completed the "Ease of Doing Business" reforms have turned eligible for addtional borrowing of 0.25 per cent of Gross State Domestic Product (GSDP).

Five more -- Arunachal Pradesh, Chhattisgarh,…

Adani Green Energy to acquire 50 MW Solar Asset from SkyPower Global

Ahmedabad (IANS) Adani Green Energy Limited (AGEL) on Saturday announced that it has signed a share purchase agreement for acquisition of 100 per cent stake in an SPV holding 50 MW operating solar project of the Toronto-headquartered SkyPower Global.

Containerised import & export trade contracts 6.5%

Mumbai (IANS) For Indian trade, 2020 was a year dominated by unprecedented challenges, irregular manufacturing and buying patterns, disrupted trade environments and lack of predictability, Maersk report said on Friday.

With the Covid-19 pandemic…

Growth pick-up: Hyundai sees sales uptrend to continue

New Delhi (IANS) Automobile major Hyundai Motor India foresees a sustainable up-trend in demand on the back of accelerated economic recovery as well as opening of offices and other establishments.

Besides, the company expects the strong response…