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RBI to conduct daily variable rate repo auction with a notified amount of Rs 2.75 lakh crore on 13 February

Mumbai, Feb. 12 -- As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank of India will be conducting daily Variable Rate Repo (VRR) auctions on all working days i... Read More


Copper consolidates around $4.60 per pound

Mumbai, Feb. 12 -- COMEX Copper saw choppy moves today as some consolidation took place in the counter after a more than 2% tumble in last session. COMEX Copper futures are currently quoting at $4.60 ... Read More


Skyline Millars reports standalone net loss of Rs 0.12 crore in the December 2024 quarter

Mumbai, Feb. 12 -- Net Loss of Skyline Millars reported to Rs 0.12 crore in the quarter ended December 2024 as against net loss of Rs 0.19 crore during the previous quarter ended December 2023. There ... Read More


Pilani Investment & Industries Corporation receives affirmation in credit rating

Mumbai, Feb. 12 -- Pilani Investment & Industries Corporation has received reaffirmation in credit rating for commercial paper of Rs 2,000 crore at CARE A1+. Published by HT Digital Content Services ... Read More


Ajax Engineering IPO subscribed 6.44 times

Mumbai, Feb. 12 -- The initial public offer (IPO) of Ajax Engineering received 9,11,43,871 bids for shares as against 1,41,49,997 shares on offer, according to stock exchange data at 17:30 IST on Wedn... Read More


Swelect Energy Systems receives affirmation in credit ratings from CRISIL

Mumbai, Feb. 12 -- Swelect Energy Systems has received reaffirmation in credit ratings from CRISIL at CRISIL A-; Stable/ CRISIL A2+ for bank facilities of Rs 345 crore and non convertible debentures o... Read More


IIP growth moderates to 3.2% in December 2024

Mumbai, Feb. 12 -- The Quick Estimates of Index of Industrial Production (IIP) data showed today that IIP growth rate for the month of December 2024 is 3.2 percent which was 5.2 percent (Quick Estimat... Read More


Man Industries wins order of Rs 250 cr

Mumbai, Feb. 12 -- Man Industries (India) has received an order of approximately Rs.250 crore. This order is expected to be delivered during the next 6 to 12 months. The total unexecuted order book as... Read More


Reliance Industries incorporates WoS - REC Sustainable Energy Solutions in Singapore

Mumbai, Feb. 12 -- Reliance Industries has incorporated a wholly owned subsidiary, named REC Sustainable Energy Solutions(REC SES) on 12 February 2025 in Singapore, to set up a global capability centr... Read More


EFC (I) allots 4.97 cr equity shares under bonus issue

Mumbai, Feb. 12 -- EFC (I) has allotted 4,97,76,688 equity shares of Rs. 2 each as fully paid up bonus equity shares, in the proportion of 1:1. Consequent to the aforesaid allotment, the paid-up equit... Read More