Latest Stock Market News

The company had in November said that it would consider the hiving off and separate listing of its aluminium, iron and steel, and oil and gas businesses as standalone entities. “The board of directors concludes that the current structure is optimal and is commensurate with the current scale and its diversified lines of businesses,” the company said in a press statement.

The SPVs are involved in separate legal proceedings with SBI. One of them, Coruscation Vidyut Vitaran (Ujjain), which was earlier known as Essel Vidyut Vitaran (Ujjain), is facing proceedings at debts recovery tribunal under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

India’s central bank is set to stick with baby steps to policy normalization, as it is seized by the need to anchor borrowing costs for the government in addition to supporting a durable recovery in Asia’s third-largest economy.

Ether, the second-largest digital currency in terms of market capitalization, touched a three-week peak of $3,180 and was last up 3.1% at $3,153.21.

Net revenue, however, rose to Rs 399.19 crore in the third quarter as compared with Rs 310.26 crore in the same period of 2020-21, Morepen Laboratories said in a statement.

​​IDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, listed, non-convertible, fully paid-up, taxable, redeemable Basel III compliant tier-2 bonds (in the nature of debentures) at a face value of Rs 1 crore each, the bank said in a release.

Forward premia for shorter maturity contracts, the most popular segment, have spiked as much as 118 basis points, potentially acting as a hindrance for local companies seeking to borrow overseas.

They include ether of the Ethereum blockchain, and its challengers Solana and Polkadot, which have risen 27%, 28% and 23% over the past two weeks.

Its total revenue from operations was down 12.02 per cent to Rs 1,319.81 crore during the quarter under review as against Rs 1,500.14 crore in the corresponding period of the previous fiscal.

The stock hit a record high of Rs 142 during the intraday trade. It eventually closed 14.70 per cent higher than its previous close at Rs 138.50