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Consumer Price inflation falls to lowest since Feb-19

Mumbai, June 12 -- Ministry of Statistics stated in a latest update that year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of May, 2025 over May, 2024 is 2.82% (P... Read More


Active Covid-19 cases cross above 7000 mark in India

Mumbai, June 12 -- India continues to see a steady increase in Covid-19 cases. According to the Ministry of Health and Family Welfare, the active case count has crossed 7,000, with 7,121 active infect... Read More


CARE downgrades credit ratings of Spandana Sphoorty Financial

Mumbai, June 12 -- Spandana Sphoorty Financial announced that CARE Ratings has downgraded rating has downgraded rating to CARE A- (Stable), for existing instruments of the Company. Long term rating (... Read More


Bulls tripped by global turmoil; Nifty slides under 24,900

Mumbai, June 12 -- Domestic equity benchmarks ended the day deep in the red, dragged down by shaky global cues and jittery investor sentiment. The lack of concrete progress on the U.S.-China trade fro... Read More


Polycab India allots 21,360 equity shares under ESOS

Mumbai, June 12 -- Polycab India has allotted 21,360 equity shares of face value of Rs 10/- each to the eligible employees who had exercised their options under Polycab Employee Stock Option Performan... Read More


US dollar index tanks to three-year low

Mumbai, June 12 -- The US dollar index slipped from a one-week high and extended losses ahead of the producer price index data. US dollar index broke under 98- mark and currently trades at 97.61, down... Read More


Quick Wrap: Nifty PSE Index declines 2.10%, NIFTY Tumbles 1.01%

Mumbai, June 12 -- Nifty PSE index ended down 2.10% at 9919.35 today. The index is up 4.00% over last one month. Among the constituents, Hindustan Petroleum Corporation Ltd shed 5.38%, Bharat Petroleu... Read More


SG Mart forays into renewable energy sector with launch of APL Apollo SunSteel

Mumbai, June 12 -- Marking a significant milestone, the company has already secured confirmed orders worth Rs 266 crore (excluding GST) from multiple Independent Power Producers (IPPs), reflecting str... Read More


Maithan Alloys acquires minority stake in GAIL (India) for Rs 12 cr

Mumbai, June 12 -- The company has acquired 6,25,000 shares through stock exchange with view to reap the long-term/short-term investment benefits. The company clarified that it do not intend to acqui... Read More


Poonawalla Fincorp allots NCDs aggregating Rs 500 cr

Mumbai, June 12 -- Poonawalla Fincorp has allotted 50,000 secured, redeemable, rated, listed, non-convertible debentures of the face value of Rs 1,00,000, amounting to Rs 500 crore, through private pl... Read More