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STEINHAUSEN, Switzerland, Dec. 17, 2024 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) (‘Transocean”) today announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India. The estimated 270-day program is expected to commence in direct continuation of the rig’s firm term with Reliance and contribute approximately $111 million in […]
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Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
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The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
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Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
Read more
The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
Read more
Stellantis India on Tuesday said that it plans to hike prices of certain models of Jeep and Citroen by up to 2% from January. Even as Stellantis India’s Managing Director and Chief Executive Officer Shailesh Hazela said that “the price revision is necessitated by increasing input costs and exchange rates”, he added that “we stand […]
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The decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
Read more
Embassy Office Parks REIT raised Rs 1,000 crore through a 5-year NCD issuance at 7.73% interest. The funds will be used to refinance existing debt, saving around 70 bps in interest costs. The bond issuance attracted strong participation from institutional investors, reflecting confidence in Embassy REIT’s credit profile.
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Indian benchmark equity indices fell on Tuesday, dragged down by financials and Reliance Industries, while investors braced for the Federal Reserve’s monetary policy meeting that will shed more light on the central bank’s future rate cut path. However, as per data available on StockEdge, four banking stocks outperformed the Nifty Bank index on both a […]
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Asian Energy Services gains 3.24% on BSE after winning ₹200 crore contract from Assam Gas Company Limited.
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Embassy Office Parks REIT raised Rs 1,000 crore through a 5-year NCD issuance at 7.73% interest. The funds will be used to refinance existing debt, saving around 70 bps in interest costs. The bond issuance attracted strong participation from institutional investors, reflecting confidence in Embassy REIT’s credit profile.
Read more
Indian benchmark equity indices fell on Tuesday, dragged down by financials and Reliance Industries, while investors braced for the Federal Reserve’s monetary policy meeting that will shed more light on the central bank’s future rate cut path. However, as per data available on StockEdge, four banking stocks outperformed the Nifty Bank index on both a […]
Read more
Asian Energy Services gains 3.24% on BSE after winning ₹200 crore contract from Assam Gas Company Limited.
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In the Nifty 50 index, 8 stocks were trading in the green, while 42 stocks were trading in the red.
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Cipla Ltd.’s share price rose to become the top gainer on the NSE Nifty 50 index on Tuesday after Kotak Securities upgraded the stock rating to ‘buy’ from ‘add’. The brokerage expects recovery in the domestic market, and healthy growth in the South African market. However, Kotak Securities reduced the target price to Rs 1,725 […]
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The 30-share BSE Sensex was down 701.11 points at 81047.46
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Cipla Ltd.’s share price rose to become the top gainer on the NSE Nifty 50 index on Tuesday after Kotak Securities upgraded the stock rating to ‘buy’ from ‘add’. The brokerage expects recovery in the domestic market, and healthy growth in the South African market. However, Kotak Securities reduced the target price to Rs 1,725 […]
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In the Nifty 50 index, 8 stocks were trading in the green, while 42 stocks were trading in the red.
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The 30-share BSE Sensex was down 701.11 points at 81047.46
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Zomato’s global head of finance Hemal Jain is stepping down from the company after a six-year long stint to “explore other opportunities”.
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Among NBFCs (non-banking finance companies), the brokerage favours larger, well-diversified and better-rated ones that could deliver stronger growth. Its preferred picks among lenders in 2025 are Axis Bank, HDFC Bank, ICICI, Bajaj Finance and Shriram Finance.
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Shares of Life Insurance Corp slumped 11%, SBI Life sank 23%, HDFC Life fell 10.4% and ICICI Prudential Life shed 9.5% in the past three months as against the 3% decline in the Nifty and the 2.6% drop in the Nifty500 index.
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