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Govt to borrow Rs 8.45 trn from market during Apr-Sep period of FY23
Business

Govt to borrow Rs 8.45 trn from market during Apr-Sep period of FY23

Posted on: March 31, 2022

[ad_1] The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for […]

Creeping rise in fuel prices set to stoke inflation further: Transporters
Business

Creeping rise in fuel prices set to stoke inflation further: Transporters

Posted on: March 31, 2022

[ad_1] Freight rates on grand trunk routes have already shot up by an average 3%-4% month-on-month in the last few days, according to Indian Foundation of Transport Research […]

SpiceJet settles $24-mn financial dispute with Credit Suisse
Business

SpiceJet settles $24-mn financial dispute with Credit Suisse

Posted on: March 31, 2022

[ad_1] SpiceJet on Thursday said it has settled its commercial dispute worth around USD 24 million with Swiss financial services company Credit Suisse, with the low-cost […]

Ruchi Soya FPO: FPIs cancel 97% bids during two-day withdrawal period
Business

Ruchi Soya FPO: FPIs cancel 97% bids during two-day withdrawal period

Posted on: March 31, 2022

[ad_1] Foreign portfolio investors (FPIs) have cancelled over 97 per cent of their bids made in Ruchi Soya’s follow-on public offering (FPO) during the two-day withdrawal […]

ITC posts sharpest monthly rally since November 2020; surges 16% in March
Business

ITC posts sharpest monthly rally since November 2020; surges 16% in March

Posted on: March 31, 2022

[ad_1] Shares of ITC recorded their sharpest monthly rally in the past sixteen months, surging 16 per cent in the month of March 2022. With this, the […]

This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume
Business

This Rakesh Jhunjhunwala-owned stock has zoomed 19% on heavy volume

Posted on: March 31, 2022

[ad_1] Shares of Edelweiss Financial Services zoomed 19 per cent to Rs 60.65 on the BSE in Thursday’s intra-day trade on the back of heavy volumes. The […]

Reliance Group in letter defends its takeover of Future Retail stores
Business

Reliance Group in letter defends its takeover of Future Retail stores

Posted on: March 31, 2022

[ad_1] India’s top retailer, Reliance, has privately defended an abrupt takeover of the stores of debt-laden rival Future Retail, saying mounting dues of $634 million compelled […]

Tejas Networks up 5% as co to acquire 64% stake in Saankhya Labs
Business

Tejas Networks up 5% as co to acquire 64% stake in Saankhya Labs

Posted on: March 31, 2022

[ad_1] Shares of Tejas Networks were locked at 5 per cent upper circuit at Rs 424.90 on the BSE in Thursday’s trade after the company said it […]

Live: Russia’s economy to shrink by 10% due to Ukraine war, says bank
Business

Live: Russia’s economy to shrink by 10% due to Ukraine war, says bank

Posted on: March 31, 2022

[ad_1] A Ukrainian soldier stands a top a destroyed Russian APC after recent battle in Kharkiv, Ukraine. (AP Photo/Efrem Lukatsky) Live news updates: Russia’s and Ukraine’s economies will shrink […]

Stock of this soft ferrites company has zoomed over 3500% in FY22
Business

Stock of this soft ferrites company has zoomed over 3500% in FY22

Posted on: March 31, 2022

[ad_1] Shares of Cosmo Ferrites hit a new high of Rs 635, on gaining 4 per cent on the BSE in Thursday’s intra-day trade. The stock has […]

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