Yesterday’s big news was related to Adani-Ambani partnership. Mukesh Ambani’s Reliance Industries has bought 26% stake in Madhya Pradesh Power Project from Gautam Adani’s Adani Power. At the same time, gold has reached an all-time high of Rs 66,971 on Thursday. At the same time, Chinese tech company Xiaomi has launched its first electric car […]
Mukesh Ambani’s Reliance Industries has bought 26% stake in Madhya Pradesh Power Project from Gautam Adani’s Adani Power. Along with this, Reliance Industries has signed an agreement for captive use of 500 MW electricity of the plant. This is the first time that any kind of partnership has taken place between two competing billionaire industrialists.
Adani Group company ‘Kutch Copper’ has started production in the Greenfield Copper Refinery Project located in Mundra. The company has also sent the first batch of cathode from this refinery to the customers. With this the group has also taken its first step in the metal industry. Adani Group has invested 1.2 billion dollars (about
Billionaire Gautam Adani’s family has invested Rs 6,661 crore in Ambuja Cement, increasing their stake in the cement making company by 3.6% to 66.7%. Ambuja Cement has given information about this in its exchange filing. Earlier in October 2022, Adani Family had invested Rs 5,000 crore in Ambuja Cements through warrants. After the acquisition, the
There is a rise in the stock market today i.e. on 28th March. Sensex is trading at the level of 73,600 with a gain of more than 500 points. At the same time, there is a rise of more than 150 points in Nifty, it is trading at the level of 22,300. During early trading,
Securities and Exchange Board of India (SEBI) will implement T+0 settlement on optional basis in the stock market from today i.e. March 28. Earlier yesterday, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have released the list of 25 stocks in which same-day settlement is being implemented from today. Both the stock exchanges are
Yesterday’s big news was related to the stock market. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are starting the trial of stock exchange T+0 settlement system with 25 stocks. That means, the day you sell these shares, you will get the money on the same day. At the same time, a decline was
Tata Passenger Electric Mobility Limited (TPEM) has signed a deal with Hindustan Petroleum Corporation Limited (HPCL) to expand electric vehicles (EV) charging infrastructure in India. Both the companies together will build EV charging stations at more than 21000 fuel stations (petrol pumps) of HP located in major locations of the country. This will directly benefit
Bombay Stock Exchange (BSE) has released the list of 25 stocks in which T+0 settlement system will start on optional basis from tomorrow i.e. March 28. This list includes other stocks including State Bank of India, Tata Communications, Union Bank of India and Vedanta. Actually, stock market regulator Securities and Exchange Board of India (SEBI)
There has been a decline in the prices of gold and silver today i.e. on 27th March. According to India Bullion and Jewelers Association (IBJA), 10 grams of gold has become cheaper by Rs 296 to Rs 66,420. Earlier this month, on March 21, gold had made an all-time high of Rs 66,968 per 10
