Business

25

Feb

By The Press Editor

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Business

Market Closing Bell: Sensex bounces back after 5-day slump

Among Sensex shares, Mahindra & Mahindra, Bharti Airtel, Bajaj Finance, Zomato, Nestle, Bajaj Finserv, Maruti and Titan were the biggest gainers. Market Closing Bell: Equity Benchmark BSE Sensex recovered 147 points in a range-bound trade on Tuesday i.e. February 25, 2025. With this, Sensex has ended its five-day slide on the back of buying in financial and FMCG shares.  The 30-share BSE benchmark Sensex climbed 147.71 points or 0.20 per cent to settle at 74,602.12 with 17 of its constituents ending higher and 13 lower. During the day, it rallied 330.67 points or 0.44 per cent to 74,785.08. The broader…

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25

Feb

By The Press Editor

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Business

Mahashivratri Bank Holiday 2025: Banks to remain closed in these cities – Check full list here

Mahashivratri Bank Holiday 2025: It is to be noted that all banks remain closed on all national holidays along with Sundays and the second and fourth Saturdays of each month. Mahashivratri Bank Holiday 2025: Banks in several states remain closed on regional holidays. To make sure that customers remain informed about the upcoming holidays, the Reserve Bank of India (RBI) issues a calendar with all the details about such holidays and cities where the bank will remain closed. Customers can check the details about upcoming holidays and can plan their month accordingly.  It is to be noted that all banks…

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25

Feb

By The Press Editor

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Business

110 per cent return in 3 years: Shares of this smallcap company gain over 3 per cent – Check details

The company's revenue from operations increased 20.78 per cent to Rs 761.02 crore in the reporting quarter from Rs 630.09 crore in the same period a year ago, it said. Shares of steel pipe maker Hi-Tech Pipes gained over 3 per cent on Tuesday as the company informed exchanges that a trustee of the company has bought 26,000 shares of the company via the open market. According to information available on the BSE, Manoj Kumar Gupta, Trustee, of Hi-Tech Pipes Employees Welfare Trust bought 26,000 shares of the company via the open market. Earlier, Kumar had picked up another 20,000…

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25

Feb

By The Press Editor

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Business

Advantage Assam 2.0: RIL chairman Mukesh Ambani pledges Rs 50,000 crore investment over next 5 years

Advantage Assam 2.0: Ambani said this amount will be pumped into areas including green and nuclear energy, the supply chain of food and non-food products. Advantage Assam 2.0: Reliance Industries Limited (RIL) chairman and MD Mukesh Ambani on Tuesday said that the company will invest Rs 50,000 crore across five different verticals in Assam over the next five years.  Speaking at the 'Advantage Assam 2.0 Investment and Infrastructure Summit' in Guwahati, the RIL chairman said the money will be invested to make Assam technology and AI ready. "In the previous summit in 2018, Reliance had committed an investment of Rs…

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25

Feb

By The Press Editor

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Business

Advantage Assam 2.0: Adani Group commits Rs 50,000 crore investment across multiple sectors

Advantage Assam 2.0: Gautam Adani emphasised that the group's investments would contribute to the state's growth and strengthen its economic potential. Gautam Adani, Chairman of the Adani Group, on Tuesday announced an investment of Rs 50,000 crore in Assam. Speaking at the 'Advantage Assam 2.0 Investment and Infrastructure Summit', Adani said that the investment will be done across multiple sectors, including airports and roads. "It is with great pride that I announce today the Adani Group's commitment to invest Rs 50,000 crores in Assam. Our investments will span across airports, aero-cities, city gas distributions, transmissions, cement and road projects. Prime…

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25

Feb

By The Press Editor

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Business

IPO Alert: Tata Capital board approves IPO plan, Tata Investment shares gain

IPO Alert: This will be the second company of Tata Group to be listed on the stock market in less than 2 years. Tata Capital IPO: Tata Capital's board has approved plans for an initial public offering (IPO). According to the information available, the public issue will comprise a combination of a fresh issue of 23 crore equity shares and an offer-for sale by existing shareholders.  The company has not shared any further details about this IPO. This will be the second company of Tata Group to be listed on the stock market in less than 2 years. Earlier, Tata…

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25

Feb

By The Press Editor

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Business

Gold, Silver Prices Today: Precious metal shines on MCX, silver too gains | Check city-wise rate on February 25

Gold, Silver Prices today on February 25, 2025: At the time of writing the news, the contract was trading at Rs 86,196, up by Rs 12 or 0.01 per cent. Gold, Silver Prices Today February 25: Gold price on Tuesday continued an upward trend and opened higher. The gold April contract on the Multi Commodity Exchange (MCX) opened today at Rs 86,325 per 10 grams, up by Rs 141 from the previous close of Rs 86,184. It gained momentum and rose further to touch a high of Rs 86,380. At the time of writing the news, the contract was trading…

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25

Feb

By The Press Editor

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Business

Market Opening Bell: Sensex opens flat, Nifty in red, M&M up 1 per cent

Market Opening Bell on Friday 25, 2025: While the 30-share BSE Sensex was marginally up, the NSE Nifty 50 was in red in the opening trade. Market Opening Bell: Indian benchmark indices opened mixed on Tuesday, February 24, 2025, amid mixed global cues. While the 30-share BSE Sensex was marginally up, the NSE Nifty 50 was red in the opening trade. The Sensex was up 39.93 points or 0.05 per cent at 74,440.30 while the Nifty was down by 36.9 points or 0.001 per cent at 22,516.45. From the Sensex pack, Mahindra & Mahindra, Zomato, ICICI Bank, Adani Ports and…

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24

Feb

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Business

200 per cent return in 2 years: This PSU stock to trade ex-date this week, check amount and other details

PSU Dividend Stock: According to the information shared with the exchanges, the company has fixed February 28, 2025 as the record date for this corporate action. 200 per cent return in 2 years: Shares of public sector undertaking (PSU) Power Finance Corporate (PFC) will be in focus this week as the company has rewarded its shareholders with a dividend. The stock is set to trade ex-date this week for this corporate action and here we are sharing all the information related to it. PFC dividend 2025 The board of the state-owned company has approved an interim dividend of Rs 3.50…

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24

Feb

By The Press Editor

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Business

Delhi Women 2500 Rupees Scheme: First instalment to be credited on this date – Check eligibility and other details

According to Delhi Chief Minister Rekha Gupta, the first instalment under this scheme will be released on March 8. Delhi Women 2500 Rupees Scheme, Mahila Samriddhi Yojna: The Bharatiya Janata Party (BJP) has formed government in Delhi after a gap of 26 years. The party won 48 of the 70 seats and swept away the Arvind Kejriwal-led Aam Aadmi Party. Soon after coming to power, the people of Delhi - especially women - started talking about the poll promises. Among the key promises made by the party is the financial assistance scheme of Mahila Samriddhi Yojna under which eligible women…

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