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PM Surya Ghar Muft Bijli Yojana achieves milestone of 10 lakh homes

Mumbai, March 13 -- Ministry of New and Renewable Energy stated in a latest update that PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world's largest domestic rooftop solar initiative, has achieved ... Read More


Quick Wrap: Nifty Realty Index registers a drop of 1.83%

Mumbai, March 13 -- Nifty Realty index closed down 1.83% at 800.15 today. The index has lost 7.00% over last one month. Among the constituents, Brigade Enterprises Ltd fell 2.66%, Macrotech Developers... Read More


Nifty settles below 22,400; VIX slides 3.01%; realty shares slump

Mumbai, March 13 -- The key equity indices closed with modest losses on Thursday as investors awaited the upcoming Federal Reserve decision, which is set to be announced next week. The Nifty ended bel... Read More


Jindal Stainless receives affirmation in credit ratings

Mumbai, March 13 -- Jindal Stainless announced that credit rating agency 'CareEdge Ratings' has reaffirmed the rating of Jindal Stainless for Long Term borrowings & Non-Convertible Debentures as "CARE... Read More


JSW Energy signs PPA for greenfield 1,600 MW thermal plant in Salboni

Mumbai, March 13 -- JSW Energy has signed a Power Purchase Agreement (PPA) with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW (2 x 800 MW) super/ultra super cr... Read More


Passenger vehicle sales rise 2% in February, upcoming festivities likely to drive demand: SIAM

Mumbai, March 13 -- Domestic passenger vehicle dispatches from factories to company dealers rose 1.9 per cent year-on-year to 3,77,689 units in February amid slowing demand, industry body SIAM said on... Read More


Passenger vehicle sales rise 2% in February , upcoming festivities likely to drive demand: SIAM

Mumbai, March 13 -- Domestic passenger vehicle dispatches from factories to company dealers rose 1.9 per cent year-on-year to 3,77,689 units in February amid slowing demand, industry body SIAM said on... Read More


MPIDC allots 113 acre land to Shakti Pumps' subsidiary for setting up solar cell manufacturing unit

Mumbai, March 13 -- Shakti Pumps (India) announced that the Madhya Pradesh Industrial Development Corporation (MPIDC) has sanctioned 113 Acre land to our wholly owned subsidiary company i.e. Shakti En... Read More


Economic Buzz: Bank of Korea says global economy faces increasing downside risks to growth, Inflation will generally continue slowing trend

Mumbai, March 13 -- Bank of Korea stated in a latest update that the global economy faces increasing downside risks to growth and heightened uncertainties regarding the inflation path, affected by cha... Read More


IIFL Finance board OKs to raise NCDs worth Rs 700-cr

Mumbai, March 13 -- The company will issue 70,000 secured, listed, rated, redeemable NCDs - Series D29 Option C, which includes green shoe option to retain oversubscription up to 27,500 NCDs. The tot... Read More