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Indus Towers shares up 0.07% as Nifty drops

Updated at : 2022-03-22 12:15:03

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A total of 40,759 shares changed hands on the counter till 11:01AM (IST).

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Dodla Dairy Ltd. key Products/Revenue Segments include Food Products, Sale of services and Scrap for the year ending 31-Mar-2021.

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​​"The meeting of the board of directors of the company is scheduled on 29 March 2022, to consider and approve the proposal for raising of capital through the issuance of Basel-III compliant additional tier-1 bonds and/or tier-2 bonds or a combination thereof, in one or more tranches for FY2022-23," PNB said in a regulatory filing on Monday.

Prasad said the backward integration will allow Granules to mitigate supply chain disruptions, volatility in prices and also increase expectations of environmental standards. Granules will spend about ₹250 crore on its backward integration and ₹150 crore on its greenfield formulation manufacturing unit in Genome Valley, near Hyderabad.

Govt to unveil plan to boost PSU general insurers

Updated at : 2022-03-22 11:02:40

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The government had proposed a ₹4,950-crore capital infusion in state-run general insurers in the third supplementary demand of grants earlier this month.

Ruchi Soya's Rs 4,300-crore FPO to open on March 24

Updated at : 2022-03-22 11:02:40

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This will be the first public offer in the last one and half months. Impacted by the sharp volatility in the market and uncertain investment climate, over a dozen firms that earlier planned to raise funds through IPOs this fiscal have postponed their public offerings to next fiscal despite approvals. The Ruchi Soya FPO will close on Monday, March 28.

HDFC Bank, ICICI, Axis are HSBC's top financial bets

Updated at : 2022-03-22 11:02:40

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HSBC said that in December 2021, the relative price-to-earnings ratio of the banking index compared to the other emerging market financial indices was around one standard deviation above its long-term mean but the relative premium has corrected to between the long-term mean and minus 1 standard deviation versus most emerging markets.

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Under this expansion, the company plans to set up three manufacturing units at an investment of around ₹300 crore in luxury surfaces and bathware segments.

The Dow Jones Industrial Average fell 201.94 points, or 0.58%, to 34,552.99, the S&P 500 lost 1.94 points, or 0.04%, to 4,461.18 and the Nasdaq Composite dropped 55.38 points, or 0.4%, to 13,838.46.

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"Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years," Buffett, who has run Berkshire since 1965, said in a statement.

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