Mumbai: Stock turnover in India’s cash market hit a 22-month high in August, reflecting the impact of a broad-based rally that drew in many fence sitters. Multiple block deals and a raft of mid-sized public offerings also garnered funds from savers, boosting trade volumes. The combined average daily cash market turnover on the NSE and … Read more
The company would be using one-third of the total capacity of bromine for captive consumption to produce bromine derivatives, which not only fetch better prices but are also not hazardous to transport. Synopsis Archean is a marine-based speciality chemical maker that produces natural bromine from its brine reservoir at Rann of Kutch in Gujarat. It … Read more
Maruti Suzuki India expects to invest around Rs 45,000 crore to double its production capacity to 40 lakh units annually in the next eight years, company Chairman RC Bhargava said on Tuesday. The company will also take up suggestions by shareholders for a stock split to its board for consideration, he said while speaking at … Read more
NEW DELHI: An article published on Thursday by the Organised Crime and Corruption Reporting Project (OCCRP) revealed that substantial investments, amounting to millions of dollars, were channeled into publicly traded stocks of Adani Group through “opaque” funds based in Mauritius. These funds were found to mask the involvement of alleged business associates connected to the … Read more