Retail weighted received premium at Rs 1,574 crore, up 4.1% YoY
New business premium at Rs 4,359 crore, up 4.4% YoY
Annualized premium equivalent at Rs 2,062 crore, up 3.2% YoY
Source: Exchange filing
Delhi Police FIR against Pawan Munjal
Delhi Police files FIR against Pawan Munjal and others of Hero MotoCorp
FIR lodged on complaint of Brains Logistics on 'fake billing' claim worth Rs 5.94 crore
Case relates to 'fraud billing' to Brains Logistics during 2009-2010
Alert: Brains Logistics was a manpower supplier to Hero MotoCorp
Source: First Information Report
4.03 crore shares set to exit IPO lock-in period today.
Shares to exit IPO lock-in today were entirely held by promoters.
Source: RHP
Gets letter of intent worth Rs 262 crore from Chhattisgarh government.
Company to plan, design and construct government medical college in Kanker district, Chhattisgarh.
Source: Exchange filing
Gets grid connected solar photovoltaic power projects of 810 MW.
Project at a tariff of Rs 2.64 per unit.
Project will offset carbon emissions to the tune of 46,628.56 tonnes.
Source: Exchange Filing
The broader market indices underperformed the larger peers; the S&P BSE MidCap Index was up 1.34%, whereas S&P BSE SmallCap Index was also 1.63% higher.
Eighteen out of the 20 sectors compiled by BSE declined, except S&P BSE Information Technology and S&P BSE Teck. S&P BSE Services, S&P BSE Utilities and S&P BSE Power fell the most.
The market breadth was skewed in the favour of the sellers. About 949 stocks rose, 2,703 declined, while 171 remained unchanged on the BSE.
Company is not in any discussion for tie-up with Shanghai-based SAIC Motor Corp., MG Motor.
Company issues clarification on a media report 'Sajjan Jindal, SAIC set to drive MG Motor in India, finalizes terms of agreement'.
Source: Exchange Filing
Gets Rs 1.81 crore penalty by GST authority for wrongly availed Input Tax Credit.
Source: Exchange Filing
Gets order worth Rs 394.8 crore from Maharashtra Metro Rail Corporation.
Gets LoA for design and construction of elevated metro viaduct.
Order to be executed within 30 months.
Source: Exchange Filing
The broader market indices underperformed the larger peers; the S&P BSE MidCap Index was up 1.37%, whereas S&P BSE SmallCap Index was also 1.59% higher.
Eighteen out of the 20 sectors compiled by BSE declined, except S&P BSE Information Technology and S&P BSE Teck. S&P BSE Services, S&P BSE Metal and S&P BSE Power fell the most.
The market breadth was skewed in the favour of the sellers. About 598 stocks rose, 1,950 declined, while 145 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex was down 436 points, or 0.66%, at 65,560.12 while the NSE Nifty 50 was 114 points or 0.58% lower at 19,539.45.
Source: Bloomberg
The local currency strengthened about 4 paise to open at 83.21 against the U.S dollar on Monday.
It closed at 83.25 on Friday.
Source: Bloomberg
FADA September Data
Passenger vehicle sales rise 19% to 3,32,248 units
Two-wheeler sales rise 22% to 13.12 lakh units
Commercial vehicle sales rise 5% to 80,804 units
Three-wheeler sales rise 49% to 1,02,426 units
Tractor sales fall 10% to 54,492 units
Source: Press Release
Announces the opening of Taj The Trees in Vikhroli, Mumbai.
Hotel is entirely owned by Godrej Properties and will be managed by the Indian Hotels as a luxury Taj hotel.
Spread across 3.5 lakh sq. ft., Taj The Trees to offer 151 spacious rooms.
Source: Exchange Filing
Signs term sheet to divest 100% stake in Nani Virani SPV.
The divestment will lead to Inox Green becoming net debt-free.
Source: Exchange Filing
Company and its Associates’ September 2023 toll revenue at Rs 421 crore, up 28% year-on-year.
Q2 FY24 toll revenue at Rs 1,203 crore, up 22% year-on-year.
H1 FY24 toll revenue at Rs 2,386 crore, up 20% year-on-year.
Source: Exchange Filing
Issues an offer to all Debenture holders for premature redemption of its NCDs maturing till 31st March, 2024.
Asset Liability Management Committee of Company decides to make this offer to the NCD holders to acquire NCDs maturing till March 31, 2024.
NCD holders to acquire NCDs on exchange under negotiated trades and hold them as treasury stock until maturity.
Source: Exchange Filing
In strategic contract manufacturing arrangement for our brands in Punjab.
Contract aimed at bolstering supply capabilities to Canteen Stores Department for Northern region.
It will also not be going ahead with proposed QIP issue due to lesser amount of bids received towards its proposed QIP Issue.
Company shall evaluate the viability of a funds raise at a suitable time.
Source: Exchange Filing
Dow Jones Futures Fall, Oil Prices Soar After Hamas Attack
Kaynes Technology To Set Up Rs 2,800- Crore Semiconductor Plant In Telangana
Adani Energy Solutions Acquires Sangod Transmission Service To Expand Rajasthan Presence
FPIs Sell-Off Continues, Rs 8,000 Crore Flows Out Of Equities In October
Reliance Retail Sells Additional 0.59% Stake To ADIA For Rs 4,966 Crore
Stock Market Today: All You Need To Know Going Into Trade On Oct. 9