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States raise Rs 17,900 crore through SGS auction; Gujarat accepts additional Rs 1,000 crore

Mumbai, June 23 -- State governments and Union Territories raised Rs 17,900 crore through the auction of State Government Securities (SGS) on Tuesday, exceeding the notified amount of Rs 16,900 crore ... Read More


Quick Wrap: Nifty Metal Index declines 3.22%, NIFTY Tumbles 1.16%

Mumbai, June 23 -- Nifty Metal index ended down 3.22% at 12669.1 today. The index is down 5.00% over last one month. Among the constituents, Vedanta Ltd slipped 7.90%, National Aluminium Company Ltd f... Read More


Operation Tiger succeeds as six MPs switch from Uddhav Sena to Shinde faction

Mumbai, June 23 -- Shiv Sena (UBT) suffered a major setback on Monday as six of its nine Lok Sabha MPs formally joined the Eknath Shinde-led Shiv Sena, ending days of speculation over a possible split... Read More


Japanese markets retreat from record highs as investors book profits in technology stocks

Mumbai, June 23 -- Japanese equities closed sharply lower on Tuesday, with investors booking profits after a strong rally in semiconductor and artificial intelligence-related stocks. The Nikkei 225 f... Read More


Chinese markets fall as technology stocks come under pressure

Mumbai, June 23 -- Chinese equity markets ended lower on Monday, with both the Shanghai and Shenzhen benchmarks retreating from recent highs amid weakness in technology stocks and negative cues from W... Read More


Economic Buzz: UK private sector contracts for second consecutive month in June

Mumbai, June 23 -- The latest Flash PMI data from S&P Global showed that UK private sector activity contracted for the second straight month in June, as weakness in the services sector outweighed cont... Read More


Economic Buzz: Eurozone business activity contracts for third straight month in June

Mumbai, June 23 -- Flash PMI data from S&P Global showed that business activity across the eurozone continued to decline in June, marking the third consecutive month of contraction, although the pace ... Read More


RailTel wins contract worth Rs 334.51 cr from Ministry of Railways

Mumbai, June 23 -- RailTel Corporation of India has received an order worth Rs 334.51 crore from Ministry Of Railways for up-gradation of e-Office instances of Zonal Railways/Administrative Units (AU... Read More


TD Power Systems receives upgrade in credit ratings from CRISIL

Mumbai, June 23 -- TD Power Systems has received upgrade in credit ratings from CRISIL as under: Total bank facilities - Rs 488 crore Long term rating - AA-/ Stable Short term rating - A1+ Publish... Read More


IRCON JV bags Rs 763 crore smart grid project from Tripura State Electricity Corporation

Mumbai, June 23 -- The contract involves the design, engineering, supply, installation, testing and commissioning of an underground power cable network, smart grid applications, SCADA, Advanced Distri... Read More