Latest news with #ManappuramFinance
Business Standard
20 hours ago
- Business
- Business Standard
Stock Alert: REC, Gland Pharma, Sansera Engg, Force Motors, CESC
Securities in F&O Ban: Manappuram Finance shares are banned from F&O trading on 5 June 2025. Stocks to Watch: RECs board has approved a proposal to raise up to Rs 1.55 lakh crore through the issuance of non-convertible debentures (NCDs) on a private placement basis, in one or more tranches. Force Motors total sales jumped 19.14% to 3,088 units in May 2025 compared with 2,592 units sold in May 2024. Domestic sales jumped 24.46% to 3,002 units while exports sales tumbled 52.22% to 86 units in May 2025 over May 2024. Sansera Engineering has secured an order worth Rs 160 crore from Airbus Defence for the manufacturing, supplying and supporting the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. CESCs subsidiary, Purvah Green Power has entered into agreement with Envision Energy India for supply and commission of wind turbine generator (WTG) totaling 1 GW. Deccan Gold Mines associate company, Geomysore, received the consent to operate (CTO) for its Jonnagiri Gold Project from the Andhra Pradesh Pollution Control Board (APPCB). Gland Pharmas material subsidiary, Cenexi received 11 observations from Agence nationale de suritdu micament et des produits de sant(ANSM), France, for its Fontenay manufacturing facility.
Business Standard
2 days ago
- Business
- Business Standard
Stock Alert: Yes Bank, Zydus Lifesciences, Ashok Leyland, R Systems Intl
Securities in F&O Ban:Manappuram Finance shares are banned from F&O trading on 4 June to Watch:Yes Banks board approved raising Rs 16,000 crore through equity and debt securities in one or more tranches. The bank will raise Rs 7,500 crore through equity and Rs 8,500 crore through debt Lifesciences wholly owned subsidiary, Zynext Ventures, has entered into share purchase agreement with Aegnus, USA to acquire 5.9% stake for a total consideration of $16 Leyland received order worth Rs 184 crore from Tamil Nadu State Transport Corporation to supply 543 nos. BSVI diesel chassis and fully built Renewable Power received a significant order for a 7.8 MW grid-connected solar rooftop project by the Rangiya Division of the Northeast Frontier Railway. The order, valued at Rs. 336 Million, also includes a comprehensive 5-year Annual Maintenance Contract (AMC)/Comprehensive Annual Maintenance Contract (CAMC) for various buildings within the Rangiya has bagged a multiyear deal with Entrust, a global leader in identity-centric security solutions, where it will provide strategic resources, scale, and agility to help Entrust accelerate its growth.R Systems International announced strategic partnership with Mavvrik, a leader in AI cost governance, to help enterprises gain visibility and precise financial control over rapidly escalating AI, cloud, and hybrid infrastructure by Capital Market - Live News
Business Standard
3 days ago
- Business
- Business Standard
Stock Alert: Maruti Suzuki India, Man Inds, Grasim Industries, HCL Technologies
Securities in F&O Ban: Manappuram Finance shares are banned from F&O trading on 3 June 2025. Stocks to Watch: Maruti Suzuki Indias total production in May increased by 1.4% to 1.95 lakh units compared with 1.93 lakh units in the same period last year. Man Industries (India) announced that its board has approved a proposal to raise up to Rs 300 crore through preferential allotment of convertible warrants and equity shares to promoter group entity and non-promoters respectively. Grasim Industries finance committee of the board of directors has approved raising of non-convertible debentures (NCDs) of upto Rs 1,000 crore on a private placement basis. ISGEC Heavy Engineering announced that National Green Tribunal has granted permission to resume operations at its Muzaffarnagar, Uttar Pradesh unit. HCL Technologies announced a strategic partnership with UiPath to accelerate agentic automation for global enterprises. It will also establish an AI Lab with UiPath in India. Royal Orchid Hotels (ROHL) announced the signing of a new Regenta branded hotel, Regenta Resort in Dehradun, Uttarakhand. With the addition of this hotel, ROHL will have 8 hotels in Uttarakhand.
Yahoo
7 days ago
- Business
- Yahoo
India federal finance ministry seeks relaxation in central bank's gold loan proposals
MUMBAI (Reuters) -India's federal finance ministry has sought relaxations in the new rules on gold loans proposed by the central bank, according to a post on its official social media handle. The department of financial services under the finance ministry has asked the Reserve Bank of India to ensure that the needs of small gold loan borrowers are not "adversely impacted", a post on the ministry's verified handle on social media platform X said. In April this year, the RBI had proposed tighter rules for monitoring and disbursement of gold loans, often used by low-income borrowers. The tighter rules came after such loans surged nearly 30% between September and February. In its post, the finance ministry said small ticket borrowers below 200,000 rupees ($2,344.05) should be excluded from the tighter rules to ensure "timely and speedy disbursement of loans". The ministry also proposed that the new rules not be implemented before January 1, 2026, to ensure the ground staff at lenders are adequately prepared. The central bank had sought comments on its proposed rules by the middle of May. The final rules are yet to be issued. On the day, Muthoot Finance rose 4.9% and Manappuram Finance traded 0.5% higher as of 10:34 a.m. IST. IIFL Finance was down 0.6%. ($1 = 85.3225 Indian rupees) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
7 days ago
- Business
- Business Standard
Stock Market LIVE: Sensex down 200pts; Nifty below 24,800; Ola down 10%, Suzlon up 13%
Sensex Today | Stock Market LIVE on Friday, May 30, 2025: The Nifty MidCap and the Nifty SmallCap indices erased gains and were down 0.2 per cent and 0.25 per cent, respectively 11:01 AM Stock Market LIVE Updates: 11 AM update- Sensex down 250 pts, Nifty below 24,800 Stock Market LIVE Updates: BSE Sensex was down 250 points or 0.31 per cent at 81,382.37 and NSE Nifty was at 24,761.65, down 80 points or 0.32 per cent, around 11 AM. Board-based selling was seen across sectors. 10:39 AM Stock Market LIVE Updates: Prostarm Info Systems IPO allotment today 10:20 AM Stock Market LIVE Updates: Muthoot Finance, Manappuram Finance shares in focus Stock Market LIVE Updates: Muthoor Finance share price and Manappuram Finance share price are on investor radar today after the Finance Ministry said that it has asked the Reserve Bank of India (RBI) to ensure that "the requirements of the small gold loan borrowers are not adversely affected" by its regulations on gold loans. The Department of Financial Services also told the RBI that the guidelines will need time to implement at the field level and hence may be suitable for implementation from January 1, 2026 only. 10:00 AM Stock Market LIVE Updates: Sensex, Nifty fall as Trump admin prepares 'Plan B' after court ruling Stock Market LIVE Updates: The BSE Sensex was at 81,533, down 100 points and the Nifty50 was at 24,798, down 36 points amid reports that the Donald Trump administration was mulling a 'Plan B' to to maintain its reciprocal tariffs. The move, as per the Wall Street Journal, comes after a US court stayed the imposition of tariffs, stating that Trump overstepped his authority. As per reports, Trump administration is planning a temporary 15 per cent tariff for 150 days, followed by more targeted duties using a separate clause aimed at unfair trade practices. READ MORE 9:28 AM Stock Market LIVE Updates: Technical view Stock Market LIVE Updates: The Nifty posted a smart recovery in the final minutes of trading yesterday after spending most of the first half in the red. Although the nifty is still caught in a sideways market defined by the 24,462 and 25,116 range, yesterday's rebond traced a long lower shadow and a small real body that was closer to the day's high, and that's a bullish sign. Immediate support and resistance lie at 2,4677 and 25,000 respectively. View by Akshay Chinchalkar, head of research, Axis Securities. 9:21 AM Stock Market LIVE Updates: Nifty was down 29 pts, below 24,850 9:18 AM Stock Market LIVE Updates: Sensex down over 100 pts after market opens Connect with us on WhatsApp
