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Reliance Power share price closed 2% higher to Rs.52.45 as The Supreme Court has permitted the company to recover Rs.1,050 crore from buyers. The power distribution companies have been seeking the stay on the payment of Rs. 1,050 Crores dues to Reliance Power. They have been buying electricity from Reliance power's Sasan ultra mega power project (UMPP). The company stated that Supreme Court did not grant the stay on an order of APTEL, Appellate Tribunal for Electricity, dated March 31, 2016, as requested by the procurers
Nifty is expected to open 20 points gap down.Small Cap has given a break out above its 5 month high, next target at 5972.Stock Market Today by Shailesh Saraf.
India's leading real estate developers, Brigade Enterprises Ltd.has been recognized as 'India's best company to work for, 2016, in the real estate sector for the second consecutive year. This is one of India's largest workplace study that is conducted by The Economic time and Great Place to Work Institute. Brigade Ltd. received this award for encouraging a collaborative environment that empowers people to showcase their best and consistently building and sustaining a culture based on trust. The company is also ranked 39th in to
Today, India's largest integrated power company Tata Power announced that, along with all its subsidiaries and joint ventures, Tata Power Group companies' CSR spend in FY16 stood at Rs. 47.02 crores. While the Company's individual expenditure stands at Rs. 29.01 crores as against the required Rs. 28.29 crores as per the CSR Act. Its subsidiaries and joint ventures spent Rs. 18.01 crore. Through this, the Company approached to more than 250 villages/urban pockets across seven states, benefitting over 1.5 million people. When the co
Sobha share price continues its journey of rising after the company launches Sobha Winchester, the super luxury apartments in Chennai on July 4th, 2016. The project is located on the Thoraipakkam-Pallavaram Road in Chennai. Sobha Winchester has the British-inspired architecture and has been thoughtfully designed by a team of their in-house architects. The project has 344 units having 1BHK to 4BHK super-luxurious apartments. Mr. J.C.Sharma, VC, and MD of Sobha Ltd. said that Chennai is one of the major i
MPS Limited announced today, on July 4th, 2016, that it has completed the procurement of Magplus which is a leading digital platform company for creating and distributing content apps. Magplus is based in Sweden and USA. The company was a part of Bonnier Growth Media which is the venture arm of media conglomerate Bonnier and home to some of the fastest growing enterprises in the group.Ulrika Saxon, CEO, Bonnier Growth Media stated that Under Staffan Ekholm's leadership, Mag+ has succeeded in widening its offer to new customers
Trident is one of the world's largest vertically integrated Home Textile Player. Trident share price opened at Rs.50.30 today on NSE. It recently announced the launch of an exquisitely crafted range of bed and bath linen collection at HGH INDIA, 2016. Trident is introducing its Fall Winter Collection amid its "Glass House" concept in Mumbai from 1-3 July, 2016. Trident is showcasing its latest Festive Gift Collection, apart from launching its niche products such as Nectar Soft, Melange an
Tata Motors Share Price rose by almost 3.41 per cent intraday on Monday 4thJuly 2016 due to strong growth in Jaguar Land Rover's US sales and India's passenger vehicles business in June. Jaguar and Land Rover Jaguar Land Rover, the luxury car maker, sold 8,448 units in June, thereby registering a whopping 44.2
Nifty is expected to hold strong. Small Cap has given a break out above its 5 month high of 5758.Stock Market Today by Shailesh Saraf.
Nifty was pulverized by panic selling on last Friday in the aftermath of Brexit.The Index closed at 8289 during the last few hours of trade on Friday.
