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Economic Buzz: Central Bank policymakers must take a forward-looking view on outlook says RBA Assistant Governor

Mumbai, March 18 -- Sarah Hunter, Assistant Governor (Economic) of the Reserve Bank of Australia or RBA stated that given the lags in monetary policy transmission, we always have to forecast how we th... Read More


Petronet LNG receives affirmation in credit ratings from ICRA

Mumbai, March 18 -- Petronet LNG announced that ICRA has reaffirmed the Company's existing rating of ICRA AAA/A1+ (Stable) for the Fund-Based and Non-Fund-Based credit limits of Rs. 12,000 crore from ... Read More


ICICI Bank Ltd spurts 1.69%, rises for third straight session

Mumbai, March 18 -- ICICI Bank Ltd gained for a third straight session today. The stock is quoting at Rs 1290.5, up 1.69% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.85% ... Read More


AVP Infracon bags Rs 21-cr LoA for cold storage and warehouse project in Trichy

Mumbai, March 18 -- The order value is approximately Rs 21 crore, with a completion timeline of 10 months. AVP Infracon is engaged in the construction of road projects based on Bill of Quantities (BO... Read More


Blue Dart Express receives upgrade in LT issuer rating

Mumbai, March 18 -- Blue Dart Express announced that India Ratings and Research (Ind-Ra) has upgraded the Long-Term Issuer Rating of the Company to 'IND AA+' from 'IND AA'. Published by HT Digital Co... Read More


Kotak Mahindra Bank Ltd spurts 1.57%, rises for fifth straight session

Mumbai, March 18 -- Kotak Mahindra Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 2024.45, up 1.57% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up aro... Read More


Sun Pharma gains as arm acquires Antibe Therapeutics for $4.5 Million

Mumbai, March 18 -- Sun Pharmaceuticals Industries is a leading global pharmaceutical company with a specialty and generic presence and India's top pharma company. The pharma major's consolidated net... Read More


Coffee Day rallies after board nod to settle debt obligation of IDBI Trusteeship

Mumbai, March 18 -- The company will settle the outstanding debt of two debenture holders in three tranches, which includes the amount realized from the sale of 12.41% of the pledged and invoked share... Read More


Economic Buzz: Japan's tertiary activity index dips in January

Mumbai, March 18 -- Japan's tertiary activity index dipped in January after recovering in the previous month, according to data from the Ministry of Economy, Trade, and Industry on Tuesday. The season... Read More


Coffee Day rallies after board nod to settle debt obligation with IDBI Trusteeship

Mumbai, March 18 -- The company will settle the outstanding debt of two debenture holders in three tranches, which includes the amount realized from the sale of 12.41% of the pledged and invoked share... Read More