State-run NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion’s share will be contributed by NTPC ($71 million) followed … Read more
Hero MotoCorp. Share Price 4707.10 02:06 PM | 22 Mar 2024 187.21(4.15%) Maruti Suzuki India. Share Price 12351.50 02:06 PM | 22 Mar 2024 443.36(3.73%) UPL. Share Price 472.10 02:06 PM | 22 Mar 2024 16.56(3.64%) Apollo Hospitals Enterprise. Share Price 6346.55 02:06 PM | 22 Mar 2024 164.06(2.66%) Bajaj Auto. Share Price 8978.70 02:06 … Read more
Guwahati: The Nagaland Baptist Church Council (NBCC) Tuesday reiterated its stance on LGBTQ+ practices being “unacceptable”. Issuing a press note, the NBCC explicitly said that “…LGBTQ+ sexual practice is incompatible with His will as revealed in the Bible.” However, the council added that it was “not against the people who struggle with an LGBTQ+ lifestyle”. … Read more
Certain PSU stocks, such as BEL, NCC, NBCC, and IRCTC, appear attractive at current levels, says Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities. “However, other PSU stocks may require a correction of 5-10% for an ideal buying opportunity. Investors are advised to consider adding more of the mentioned stocks during any dips,” … Read more
New Delhi: The state-run National Buildings Construction Corporation (NBCC) is coming up with 13,000 brand new apartments, including luxury ones, in the unused land belonging to bankrupt private developer Amrapali, after the Greater Noida Authority approved its proposal to allow a higher Floor Area Ratio (FAR). FAR is the ratio between a building’s total constructed … Read more
Shares of PSU NBCC were in the focus this week as it ended Friday’s session 19% higher at Rs 169.20, taking the week’s total gain to over 47% on the back of Budget’s thrust on housing. “The sentiment and trend appear extremely bullish for the stock. On the higher end, it might move towards Rs … Read more
Amrapali owes Noida and Greater Noida authorities over Rs 5,500 crore towards payment of lease money along with penal interest. NBCC was appointed project management consultant (PMC) in 2019 to complete the 24 stalled Amrapali projects, comprising 38,500 flats. Amrapali had declared itself bankrupt and abandoned the projects, leaving thousands of homebuyers who had invested … Read more
New Delhi: National Buildings Construction Corporation (NBCC), the central government’s real estate developer, is going to develop one of the largest projects outside Delhi-NCR, having undertaken a residential-cum-commercial complex for the Kerala government in Kochi, The Print has learnt. The Rs 2,650-crore project will come up on 17.9 acre of land owned by the Kerala … Read more
Equity markets rose for the fifth consecutive week driven by strong GDP data and a bullish trend seen in global markets. Return of FIIs, multiple upgrades of India’s economic growth by global firms, added to the overall positivity, analysts said. The IPO market also continued its momentum, which has seen five listings and out of … Read more
NEW DELHI: In a move towards sustainable energy practices, the Ministry of Petroleum and Natural Gas has declared mandatory blending of Compressed Bio-Gas (CBG) in the CNG (Transport) and PNG (Domestic) segments of the City Gas Distribution (CGD) sector.According to a press release by the Ministry of Petroleum and Natural Gas, the introduction of the … Read more