Adani Wilmar shares fall as promoters plan to lower stake to meet Sebi norms on December 26, 2023 at 3:56 am

The promoters will sell a stake of up to 1.24 percent of the total paid up equity share capital of the company, aggregating to 16.11 lakh equity shares.

Zydus Lifesciences gets 6 observations from USFDA, share gain on December 26, 2023 at 4:06 am

There were no Data Integrity related observations and no repeat observations from the previous inspection, company said.

Jindal Steel shares gain 2% on blast furnace contract with RINL on December 26, 2023 at 4:00 am

On Friday, RINL said Jindal will provide working capital support or raw material supply of Rs 800-900 crore under the pact signed between the companies.

Paytm shares in red over pink slips amid AI automation on December 26, 2023 at 4:08 am

Paytm has laid off over 1000 employees from its operations, sales and engineering team after the firm implemented a slew of AI technology to improve efficiency.

Biocon shares gain on immunity jab distribution deal with Sandoz for Japan on December 26, 2023 at 4:11 am

Biocon Biologics signed a distribution agreement with Sandoz, granting the company the exclusive rights to promote, sell and distribute Adalimumab BS for subcutaneous injection.

Aurobindo Pharma shares trade lower after US FDA slaps 10 observations on December 26, 2023 at 4:15 am

The observations are procedural in nature and will be responded to within the stipulated time, while the plant is yet to start commercial operations, company said.

Inox Wind shares gain 2% on winning 279 MW order from CI player on December 26, 2023 at 4:12 am

The project will be executed by June 2025, with the WTGs being installed across Rajasthan and Gujarat.

Indian equities touched all-time highs in 2023 – What’s in store for 2024? on December 26, 2023 at 4:20 am

Favourable factors like BJP’s strong standing going into Lok Sabha polls, the US Fed’s anticipated rate cuts, and strong buying by FIIs and domestic mutual funds suggest the party will continue into the first half of 2024. But as usual there are risk factors too

Adani Power stocks gain as consortium receives letter of intent for Coastal Energen purchase on December 26, 2023 at 4:23 am

The Committee of Creditors (COC) of Coastal Energen (CEPL), has approved the resolution plan submitted by a consortium, of which Adani Power is a part.

Faster reduction in fiscal deficit will send #39;very good signal#39;: MPC#39;s Ashima Goyal on December 26, 2023 at 1:38 am

According to Goyal, the government should continue to focus on building physical and human capital in the 2024-25 interim budget as the level of private investment in these areas is “less than optimal”.