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Hatsun Agro Products Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 20504.38 Crore) operating in FMCG sector.

India eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed, offering relief for the nation’s fuel exporters and top crude explorers. Following the update, shares of Reliance Industries (RIL) rallied more than 4 per cent to Rs 2545.05, topping Rs 17 lakh crore m-cap, before giving up partial gains. The scrip had settled at Rs 2,442.20 on Tuesday.

If approved, this would translate into Rs 2.25 lakh crore of the provident fund money going into the stock market over the next few years, a top government official told ET.

This is second consecutive year of Rs 1,000 crore investment lined up by the two-wheeler major from South India, a part of which will go into doubling its EV production capacity to 25,000 units a month by the end of this year and further increasing it to 50,000 units a month in the fol

Stocks that were in focus include names like Tube Investments which rallied more than 12 per cent, GE Shipping which closed with gains of nearly 7 per cent, and Pidilite Industries which made higher highs and higher lows -- a bullish sign.

dollar retreated on Wednesday as the euro extended its overnight bounce on relief Europe might be able to avoid the worst fears concerning energy shortages, and on the chance the European Central Bank may deliver a more aggressive rate hike. "If we do see Russian gas flows resume tomorrow, that will be good news for the euro/dollar and in the near term, euro can get a little boost and get away further from parity," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.

In an indirect call for an interest rate hike, veteran banker Uday Kotak has sounded caution over central banks not following the US Fed in monetary measures. Kotak said that those who have gone out of line had faced severe depreciation.

The rupee depreciating would ordinarily have been a big positive for the Indian IT industry and goods exporters, helping improve margins and competitiveness.But this time, other developments have partially offset the advantage.

The order came after PNB Housing Finance along with its directors approached Sebi proposing to settle the alleged violations of LODR (Listing Obligations and Disclosure Requirement) rules in Carlye Group case "without admitting or denying the findings" through a settlement order.

The committee of creditors has extended the deadline for receiving resolution plans to August 12 from July 31. Those that have already submitted resolution plans can revise them until September 11, said a third person aware of the development.