Shares Archives - Page 87 of 97

07 Apr

Black Monday! Sensex crashes over 2,500 pts, Nifty hits 10-month low amid global trade war fears

MFNewsBreaking News, Business, Opinions, Shares, Stocks

#SensexcrashesNifty10Monthlow Mumbai: Benchmark indices Sensex and Nifty witnessed a sharp fall of 3 percent each on the morning of April 7 — a drop of this magnitude was last seen on June 7, 2024 — as a wave of risk-off sentiment swept across global markets. Investor anxiety intensified following China’s decision to impose retaliatory tariffs on the US, reigniting fears of a renewed global trade war. Amid the widespread selloff, all Nifty 50 constituents slipped into the red. In early trade, the Sensex nosedived by over 3,900 points, or 5 percent, while the Nifty plunged as much as 5 percent…

06 Apr

ITA AIRWAYS SET TO START INTEGRATION INTO STAR ALLIANCE

MFNewsBrands, Business, Opinions, Shares, Technology, Travel

#ITASTARALLIANCE · Entry for Italy’s national carrier expected in early 2026 Chandigarh: ITA Airways has officially received approval to start the integration process into Star Alliance following a verdict by the Star Alliance Chief Executive Board (CEB). Building on its induction into the Lufthansa Group earlier this year, this decision paves the way for its much anticipated entry into the world’s largest airline alliance. The onboarding process will now move at full throttle. Celebrating the milestone, Star Alliance Chief Executive Officer Theo Panagiotoulias stated: “In early 2026, ITA Airways is expected to officially join the Star Alliance network as a…

06 Apr

Bank of Baroda Announces 3 New Zones – Surat, Varanasi and Jodhpur

MFNewsBusiness, Opinions, Shares, Technology

#BoBNewZonesSuratVaranasiJodhpur Chandigarh: Bank of Baroda (BoB), one of India’s leading public sector banks, has announced a strategic realignment of its zonal structure with the creation of 3 new zones that will help the Bank drive sustainable business growth, enhance customer service and improve operational efficiencies. Effective 1st April, 2025, the Bank has established the following new zones: Surat Zone (earlier part of Baroda Zone) Varanasi Zone (earlier part of Lucknow Zone) Jodhpur Zone (earlier part of Jaipur Zone) The 3 zones were virtually inaugurated by Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda, along with the Bank’s Executive…

06 Apr

Ratul Puri Strengthens Hindustan Power’s Renewable Push with 425MWp UPPCL Win

MFNewsBusiness, Shares, Technology

In line with the company’s vision to achieve a 5GW Portfolio Chandigarh: Ratul Puri’s Hindustan Power has been awarded a 425MWp solar power project by Uttar Pradesh Power Corporation Limited (UPPCL) as part of its 2,000MWac grid-connected solar PV power procurement initiative through a tariff-based competitive bidding process. This strategic win aligns with the company’s ambitious vision of achieving a 5GW renewable energy portfolio by 2028. The Letter of Award (LoA) was issued by UPPCL following a transparent and competitive e-Reverse Auction. The project will be supplying power to UPPCL with a delivery point at STU – UP substation. As…

06 Apr

Shree Cement commissions state-of-the-art grinding unit in Etah, Uttar Pradesh

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#ShreeCementUP The state-of-the-art facility entails an investment of ~₹850 Crore Chandigarh: Shree Cement, one of India’s leading cement manufacturers, announced the commissioning of its new grinding unit in Etah. With an annual capacity of 3 million tonnes per annum (MTPA), the Etah unit from Shree will be one of the largest grinding units in the region, adding to the growth journey of the state of Uttar Pradesh. The project, entirely funded through internal accruals, entails an investment of ~₹850 crore and is expected to create more than 500 direct and indirect employment opportunities. Speaking on the occasion, Neeraj Akhoury, Managing…

05 Apr

PLI SCHEME FOR AUTOMOBILE AND AUTO COMPONENT INDUSTRY WITH ₹25,938 Crore

MFNewsBusiness, Shares, Technology, Travel

#PLISCHEMEAUTOINDUSTRY New Delhi: Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry (PLI-Auto Scheme) has an outlay of ₹25,938 crore. During FY 2024- 25, Incentive claims of ₹322.12 crore have been received from 4 (four) applicants. Till 28.02.2025, ₹246.21 crore have been disbursed to 2(two) applicants. Incentive under PLI-Auto scheme is applicable on determined sales value defined as the incremental eligible salesof a particular year over base year (i.e. FY 2019-20).There is no target for increment sales as of February, 2025. Till 31.12.2024, cumulative determined sales of electric vehicles is ₹14,657 crore under the PLI-Auto scheme. This information…

05 Apr

SEBI And NSE Released Revised list of designated Qualified Stock Brokers (QSBs)

MFNewsBusiness, Opinions, Shares, Stocks

Chandigarh: Certain stock brokers, due to various factors like their size, trading volumes and amount of clients’ funds handled by them, occupy a significant position in the Indian securities market, leading to concentration of activity among few stock brokers. In order to further strengthen the compliance and monitoring requirements relating to such stock brokers and to ensure efficient functioning of securities market, SEBI vide Circulars No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/24 dated February 06, 2023 and SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2024/14 dated March 11, 2024, on “Enhanced obligations and responsibilities on Qualified Stock Brokers (QSBs)” enumerated the following parameters for designating certain stock brokers, as QSBs. 1. …

05 Apr

PNB Housing achieves Affordable book of INR 5,000 crore

MFNewsBrands, Business, Shares

PNBHousingAffordablebook Chandigarh: PNB Housing Finance Limited is delighted to announce a significant milestone of INR 5,000 crore Affordable book as on 31st March 2025. This remarkable achievement is a testimony of our unwavering commitment to empowering individuals and families in their journey towards owning a home. With the performance of Affordable and Emerging Markets Segment, the Retail segment loan book grew by ~18% YoY as on 31st March 2025. The total loan book of the Company crossed INR 75,000 crore as on 31st March 2025. Commenting on the performance Mr. Girish Kousgi said: With the dedicated efforts of the team…

05 Apr

L&T Despatches 4th Steam Generator to Kaiga Atomic Power Station

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#L&TSKaigaAtomicPowerStation Chandigarh: The Heavy Engineering arm of Larsen & Toubro (L&T) has despatched the fourth Steam Generator (SG) to the Kaiga Atomic Power Station in Karnataka, thus completing the delivery of a set of four SGs for one unit for the indigenously developed 10x700 MWe Pressurised Heavy Water Reactor Fleet Programme. The fourth SG has been despatched nine months ahead of the contractual schedule, while the full set of four SGs has been delivered in 45 months. Setting a global benchmark, the first of the lot was delivered in just 33 months. These SGs are for Units 5 & 6…

04 Apr

Reliance Digital’s ‘Digital Discount Days’ is offering up to ₹25000 off on Electronics

MFNewsBrands, Business, Entertainment, Shares, Technology

#RelianceDigitalDiscountDays Chandigarh: Reliance Digital brings back ‘Digital Discount Days’. The biggest electronics sale in India is offering discount of up to ₹25000 on leading bank cards and paper finance. The offers are valid on all electronics from today to 20th April at all Reliance Digital & My Jio Stores, and online on reliancedigital.in. With easy financing, EMI options, and fastest delivery and installation, the time is just right for India to upgrade. Be summer ready with 1.5 ton 3 Star ACs starting at ₹26990*. Grab the best deals on widest range of Air Coolers. Get a Side by Side Refrigerator at just…