Shares of Indian Oil Corporation Ltd. traded 1.49 per cent up at Rs 170.0 on Wednesday at around 10:20AM (IST), while the benchmark BSE Sensex advanced 500.64 points to 72970.94. As many as 691,285 shares changed hands on the counter with a total value of Rs 11.77 crore.
Day: March 27, 2024
GAIL shares up 1.13% as Nifty gains
NEW DELHI: Shares of GAIL (India) Ltd. traded 1.13 per cent up in Wednesday’s trade at 10:40AM (IST). Around 338,793 shares changed hands on the counter. The stock opened at Rs 182.85 and touched an intraday high and low of Rs 183.35 and Rs 181.55, respectively, in the session so far. The stock of GAIL […]
InterGlobe shares gain 1.12% as Sensex rises
Shares of InterGlobe Aviation Ltd. traded 1.12 per cent up at Rs 3531.35 at 11:06AM (IST) on Wednesday, even as BSE benchmark Sensex gained 549.23 points to 73019.53. The stock had settled at Rs 3492.2 in the previous session. The stock quoted a 52-week high price of Rs 3535.95 and 52-week low of Rs 1810.45, […]
RVNL shares climb 7% on signing MoU with Airports Authority of India
Rail Vikas Nigam (RVNL) shares climbed nearly 7% to Rs 267.8 in Tuesday’s intraday trade on BSE after the firm signed an MoU with the Airports Authority of India (AAI). “RVNL has signed MoU with Airports Authority of India (AAI) for construction of subway/underpass to connect the operational area to the Airport Authority of India […]
Indigo shares jump over 4% after rating, target upgrades
Shares of Interglobe Aviation which operates airline Indigo jumped 4.4% on Tuesday to hit a fresh 52-week high of Rs 3,429.90 on the NSE after a couple of top brokerages took favourable views on the counter. While Jefferies upgraded its rating to ‘Hold’ from ‘Underperform’, Kotak Institutional Equities reiterated a buy and raised the price […]
NSE Rejig: $94 million cumulative passive inflows seen in NTPC, 2 other PSU stocks, says Nuvama
State-run NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion’s share will be contributed by NTPC ($71 million) followed […]
EV car race: Will it be a Tesla vs Tata Motors battle on Indian roads?
India’s new policy for electric vehicles, aimed at inviting the likes of Tesla to start manufacturing in India, ensures that the king of Indian EVs and the king of American EVs drive in separate lanes but Tata Motors and Tesla may race against each other in the luxury car segment. Posing competition risk to a […]
Given political will, aerospace power can be effectively used beyond enemy lines: IAF chief
New Delhi: IAF Chief Air Chief Marshal V R Chaudhari on Wednesday said that “Balakot-like operations” have shown that given political will, aerospace power can be effectively used beyond enemy lines. In his address at a seminar on “Aerospace Power in Future Conflicts”, he also said that as nations increasingly rely on space-based assets for […]
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show. Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders like Toyota, Isuzu and Ford, as they expand exports across the […]
SpiceJet reaches settlement with Canada’s EDC to resolve liabilities worth Rs 755 cr
Private carrier SpiceJet has reached a settlement agreement with Export Development Canada (EDC) to resolve liabilities worth Rs 755 crore, the company said in a stock exchange filing on Tuesday. This settlement agreement will help SpiceJet save Rs 567 crore, it said. As part of the settlement agreement, SpiceJet will acquire 13 EDC-financed A400 aircraft. […]
SpiceJet settles Rs 755 crore liabilities of lessor
SpiceJet on Tuesday said it has agreed to a pact with Export Development Canada (EDC) to settle liabilities worth Rs 755 crore. The settlement will generate savings to the tune of Rs 567 crore, the airline said in a statement. As part of the agreement, SpiceJet will also acquire ownership of 13 EDC-financed Q400 aircraft. […]
DGCA puts new rules on pilot rest in abeyance
Civil Aviation regulator DGCA has put new rules on pilot rest and duty period in abeyance- days after refusing to extend the deadline of 1 June to implement the new rules. On Tuesday, amending the regulations, DGCA said that airlines can continue to operate according to the existing regulations till approval of their schedule following […]