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Sensex, Nifty surges over 1%; media shares witness bargain buying

Mumbai, March 18 -- The key equity benchmarks continued to trade with substantial gains in mid-morning trade. The Nifty hovered above the 22,700 level. Media shares jumped after declining for five con... Read More


Shilpa Medicare zooms as arm partners with mAbTree Biologics for cancer drug

Mumbai, March 18 -- Under the terms of the strategic agreement, Shilpa Biologicals will support both development, including clinical studies, as well as long-term commercial supply through GMP manufac... Read More


Economic Buzz: US business inventories rise in January

Mumbai, March 18 -- Business inventories in the U.S. increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Monday. The Comme... Read More


Volumes spurt at Brigade Enterprises Ltd counter

Mumbai, March 18 -- APL Apollo Tubes Ltd, PB Fintech Ltd, Crompton Greaves Consumer Electricals Ltd, Ircon International Ltd are among the other stocks to see a surge in volumes on BSE today, 18 March... Read More


Rites rallies after Ntokoto Rail Holdings contract value increases to $10.80 mln

Mumbai, March 18 -- The revised order includes the supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives, which will be fitted with new Cape Gauge Bogies, tract... Read More


BSE SME PDP Shipping & Projects makes a poor debut

Mumbai, March 18 -- The scrip was listed at 108.25, a discount of 19.81% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing pr... Read More


Engineers India secures project valued Rs 252.95 cr from Numaligarh Refinery

Mumbai, March 18 -- Engineers India announced that Numaligarh Refinery (NRL) has awarded the job for EPCM Services for 360 KTPA Polypropylene Unit (PPU) Project at Numaligarh Refinery to the company. ... Read More


Economic Buzz: US homebuilder confidence continues to deteriorate

Mumbai, March 18 -- A report released by the National Association of Home Builders on Monday showed a continued deterioration by U.S. homebuilder confidence in the month of March. The report said the ... Read More


Economic Buzz: US retail sales up 0.2% in February

Mumbai, March 18 -- US retail sales rose by 0.2 percent in February after tumbling by a revised 1.2 percent in January, the Commerce Department reported on Monday, compared to the 0.9 percent slump or... Read More


Gopal Snacks gains after appointing Rigan Hasmukhrai Raithatha as CFO

Mumbai, March 18 -- The firm added that this appointment is based on the recommendation of the nomination and remuneration committee. Rigan Hasmukhrai Raithatha holds a bachelor's degree in commerce ... Read More