On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
An IndiGo Nagpur-Lucknow flight returned to the origin after take-off following a suspected momentary technical snag, said the airline on Monday. The airline further informed that all the passengers were safe after the return of the flight to Nagpur airport. “IndiGo’s Nagpur-Lucknow flight, returned to origin after take-off, following a suspected momentary technical snag, today. The pilots followed the standard operating procedures and returned safely to Nagpur airport. All passengers are safe,” said the airline. Following the incident, the Directorate…
"IndiGo flight makes emergency landing at Nagpur due to ‘technical snag’" Telecom operator Bharti Airtel Ltd said on Friday it agreed to buy Vodafone Group Plc’s 4.7% stake in India’s largest cell tower firm Indus Towers Ltd. Britain’s Vodafone said earlier this week it was looking to sell its entire 28.1% stake in Indus Towers. Airtel said it has agreed with Vodafone to buy 4.7% equity interest in Indus Towers on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in Vodafone Idea Limited (VIL) and simultaneously…
"Bharti Airtel to acquire Vodafone’s 4.7% stake in Indus Towers" Shares of AGS Transact Technologies, a payment solutions provider, dropped more than 8 per cent over their issue price on Monday. The company’s IPO, first for calendar 2022, had garnered 8 times subscription. Its shares ended at Rs 161.3, down Rs 14.7, or 8.4 per cent, over IPO price of Rs 176. Its stock touched a high of Rs 182 and a low of Rs 154 on the BSE. At the last close, AGS was valued at Rs…
"AGS Transact Technologies, the first IPO of 2022, slumps on debut" By Administrator_ India Capital Sands Big Tech’s earnings boom stretched into the third quarter, with the pandemic surge in cloud computing, and a strong rebound in digital advertising, all but confirming 2021 will be a banner year for the sector. Quarterly revenues of the technology giants Microsoft and Google parent Alphabet soared beyond Wall Street’s expectations, according to figures published on Tuesday. Microsoft Corp’s cloud-based software helped drive robust sales and profit growth, which topped analysts’ estimates for an 11th…
"Google, Microsoft beat Street with $110-billion revenue haul" By Administrator_India Capital Sands Paytm Payments Bank on Monday said it has launched the country’s first FASTag-based Metro parking facility, in partnership with the Delhi MetroRail Corporation (DMRC). “As an acquiring bank for the parking facility at the Kashmere Gate station, Paytm Payments Bank will facilitate the processing of all FASTag-based transactions for cars having a valid FASTag sticker, thus eliminating the hassle of stopping and paying cash at the counter,” an official statement said. It has enabled a UPI-based payment…
"Paytm launches India’s first FASTag-based facility at Delhi Metro parking"
