Siemens Ltd board approves plan to incorporate subsidiary to execute demerger of energy business on December 18, 2023 at 9:09 am

The BoD, at its meeting held on December 18 2023, authorised the management to commence exploratory steps as may be required to examine a potential demerger of its energy business.

Wall Street’s Bond ‘Vigilantes’ Are Back on December 18, 2023 at 10:00 am

The financial world has been debating if market appetite for buying U.S. debt is near a limit. The ramifications for funding government priorities are immense.

Sun Pharma market cap breezes past Rs 3 lakh crore, stock hits 52-week high on December 18, 2023 at 7:40 am

So far this year, Sun Pharma shares surged over 26 percent as against 17 percent rise in the benchmark Sensex

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

Sugar output down 11% at 74 lakh ton during October 1-December 15 of 2023-24 market year on December 18, 2023 at 8:02 am

The sugar marketing year runs from October to September.

India likely to achieve fiscal deficit target in 2023-24, says govt on December 18, 2023 at 7:50 am

The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday.

Jai Balaji Industries raises Rs 559 crore from Tata Capital Financial Services to retire legacy NPAs on December 18, 2023 at 8:05 am

In 2018-19, Jai Balaji had an outstanding NPA of about Rs 3,000 crore, and banks subsequently sold this debt to two ARCs.

TMT rebars demand to grow over next 3-4 months: Tata Steel VP on December 18, 2023 at 8:56 am

There is a good demand seen from the construction, housing, and infrastructure segments, where new projects are coming up all over the country, Ashish Anupam, Vice President – Long Products at Tata Steel Ltd, said.

Chart of the Day: Mid and small companies face a question of how to fund growth on December 18, 2023 at 7:13 am

Investors have been flocking to small and mid-caps perceiving them as better opportunities but large companies seem better equipped to sustain growth

Top Nifty gainers and losers at mid-day: Bajaj Auto, Eicher gain; ICICI, JSW drop on December 18, 2023 at 7:15 am

About 1996 shares advanced, 1292 shares declined, and 120 shares were unchanged.