Equities propel on broad-based buying, cues from Asian markets

Feb 23 2018

Indian equity closed at almost a week's high levels as positive cues from the Asian markets, along with a strong rupee and value buying, uplifted investors' sentiments.

Sadbhav Engg wins Rs 981 crore highway project in UP

Feb 23 2018

Sadbhav Engineering said it has been selected as the lowest bidder by NHAI for a highway project in Uttar Pradesh for which it has quoted a price of Rs 981 crore.

SPARC gets I-T dept demand notice for Rs 27.30 crore

Feb 23 2018

Sun Pharma Advanced Research Company said it has received a demand notice from the income tax department for payment of Rs 27.30 crore for the assessment year 2014-15.

Sensex above 34K, kicks off March series on a positive note

Feb 23 2018

Sensex reclaimed the 34,000-level, surging about 323 points to end at one-week high of 34,142.15 as March derivative series got off to a strong start.

'Indian exchanges cut ties to foreign bourses after govt nod'

Feb 23 2018

India’s govt fully endorses a dramatic move by domestic exchanges to cut off data to global bourses.

Sembcorp to raise $380 mn from asset sales, plan India energy IPO

Feb 23 2018

Sembcorp expects to raise about $380 mn from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit.

Equity indices surge, Sensex rises over 200 points

Feb 23 2018

Positive cues from the Asian markets -- along with healthy buying in almost all the sectors led by metals -- lifted Indian equity during the mid-afternoon trade session.

Schlumberger, Subsea 7 extend collaboration with JV talks

Feb 23 2018

 Schlumberger, and smaller peer Subsea 7 said they were entering exclusive talks to form a joint venture to deliver subsea installations and services for oilfields.

Sensex surges 200 points, Nifty above 10,400-level

Feb 23 2018

BSE Sensex rose over 200 points on sustained buying in key frontline counters led by metal, healthcare, basic material, telecom, banks and finance stocks.

Key Indian equity indices open on higher note on Friday

Feb 23 2018

NSE Nifty rose by 36.85 points or 0.35 per cent to trade at 10,419.55 points.

Indian Markets


    34,142.15 322.65   (0.95 %)

    10,491.05 108.35   (1.04 %)

Global Markets


Stocks In News



Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst


4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years


Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey


Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations


To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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