NEW DELHI: Among key bulk deals on Tuesday, Deutsche Boerse further cut its holdings in BSE, while Nippon India Smallcap Fund lapped up the same in one of the major block deals.

In other prominent deals, Societe Generale bought over 15 lakh shares of Hexaware Technology that is in the process of getting delisted.

The 30-share pack Sensex rose 287.72 or 0.74 per cent, reclaiming 39,000 level. The index closed at 39.044.35. Its broader peer NSE Nifty advanced 81.75 points or 0.71 per cent to 11,521.80.

Here’s who bought and sold what in some of the key bulk and block deals of the day:
>> Deutsche Boerse, which sold 12,00,000 shares of BSE on Monday further sold 7,86,933 shares of the company at Rs 554.36 while Nippon India Smallcap Fund bought 5,46,650 shares of the company at Rs 554.

>> Societe Generale bought 15,25,000 shares of Hexaware Technologies at Rs 443.01 per share.

>> Gyan Traders sold 75,000 shares of Dhunseri Tea and Industries at Rs 246.83 per share while Dhunseri Ventures bought 83,151 shares at Rs 247.01.

>> Clareville Capital Opportunities Master Fund sold 43,36,635 shares of Oswal Chemicals and Fertilizers to Alliance Techno Projects at Rs 11.95 per share.

>> Barclays Merchant Bank Singapore sold 4,93,893 shares of Shilpa Medicare at Rs 560.21 per share.

>>Glimmer Enterprise Private sold 86,250 shares of Parle Industries at Rs 11.55 per share.

Here are all the BSE bulk deals:


Here are all the NSE bulk deals:


NSE-BSE bulk deals: Deutsche Boerse further offloads stake in BSE

Power Ministry Begins Process to Set Up Rs 2,000 Crore Joint Venture for Rollout of Smart Metres

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Power Ministry Begins Process to Set Up Rs 2,000 Crore Joint Venture for Rollout of Smart Metres

(Image for representation)

(Image for representation)

The joint venture would have four promoters, NTPC Ltd, REC Ltd, Power Grid Corporation of India Ltd (PGCIL) and Power Finance Corporation (PFC) and are under the administrative control of the Ministry of Power.

  • Last Updated: September 15, 2020, 11:25 PM IST

The Power Ministry has begun the process to set up a Rs 2,000 crore joint venture for providing a common backend infrastructure facility (CBIF) to power distribution companies (discoms) for faster roll-out of smart electricity metres in the country. The joint venture would have four promoters, NTPC Ltd, REC Ltd, Power Grid Corporation of India Ltd (PGCIL) and Power Finance Corporation (PFC). These firms are under the administrative control of the Ministry of Power. The boards of PFC and REC have approved equity investment of Rs 150 crore each in the joint venture for the CBIF, according to regulatory filings.

In a BSE filing, the PFC stated, "The Board of Directors in its meeting held on 14th September, 2020 has accorded its approval for infusion of equity of Rs 150 crore in a joint venture company to be promoted jointly by NTPC, PGCIL, REC and PFC for setting up of a Common Backend Infrastructure Facility (CBIF)." In a separate BSE filing, REC announced that its board in a meeting held on September 15 accorded its approval for infusion of Rs 150 crore as equity in the JV company for CBIF.

The boards of NTPC and PGCIL are yet to approve the equity investments of Rs 150 crore each in the joint venture. There would be equity investment of Rs 600 crore by the four promoters and the debt component would be of Rs 1,400 crore. The CBIF will enable the fast-track implementation of smart meters across the country. It will simplify smart meter rollout for discoms by offering a plug and play architecture with standardized, pre-configured, pre-integrated, scalable back-end infra for rollout of smart meters.

There would be an ease of scalability, avoiding asset duplication and flexibility to discoms in installing smart meters in a phase wise manner, wherein the Meter Data Management (MDM) services can be expanded on the basis of requirement. Discoms would be required to pay only for use of the asset without incurring additional capex, along with features of built in upgrades, which would lead to cost reductions and savings to discoms. The CBIF will also enable centralized MIS or reporting of metering data. The facility will be offered to discoms on a software or solution as a service approach and charge only usage fees.

The consulting arm of PFC, PFC Consulting, will facilitate the creation and the operationalisation of this joint venture company.

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NSE-BSE bulk deals: Deutsche Boerse further offloads stake in BSE

Satellite images show Western fires producing massive clouds of smoke, pollutants

Satellite images show Western fires producing massive clouds of smoke, pollutants

At least 36 deaths have been linked to the fires in California, Oregon and Washington state.

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By Elisha Fieldstadt

Satellite images taken of the historic wildfires in the West show the shocking amount of smoke and other pollutants affecting areas beyond where the fires are furiously burning.

At least 36 deaths have been linked to the fires in California, Oregon and Washington state.

Nearly three dozen fires were active in Oregon on Monday night, according to state data. About 1 million acres have already burned, double the average of around 500,000 during an entire wildfire season, the Oregon Congressional delegation said.

In California, the largest blaze in modern state history, the massive August Complex Fire, had burned more than 755,600 acres in Northern California and was only 30 percent contained as of Monday. That fire was started by lightning last month.

Maxar Technologies released on Tuesday satellite images collected at a steep angle of the clouds billowing off the roaring fire.

Fires burning near Big Signal Peak in the Mendocino National Forest in California, part of the August Complex Fire, on Sept. 14. Satellite image ©2020 Maxar Technologies

Last week, another satellite image taken by NASA showed the smoke streaming from the fires in Oregon and California. NASA said the smoke was so thick, it could be seen from 1 million miles away. On Monday, the National Weather Service said the smoke was spreading as far as the East Coast, affecting even New York City skies.

Thick smoke streams from intense fires in Oregon and California on Sept. 9. The smoke was so thick and widespread that it was easily visible 1 million miles away from Earth.NASA Earth Observatory

NASA is also capturing a high aerosol index over the U.S. as a result of the fires. The red in these images from Sunday show the highest aerosol levels, which can impact health conditions.

The high aerosol index over the U.S. as a result of fires in the western U.S. on Sept. 13. Red areas indicate heavy concentrations of aerosols that could reduce visibility or impact human health.NASA/NOAA Suomi NPP satellite

Carbon monoxide levels are also increasing as a result of the fires, according to NASA imagery taken between Sept. 6 and Sept. 14.

"Released by the fires along with smoke and ash, carbon monoxide is a pollutant that can persist in the atmosphere for about a month and can be transported great distances," according to NASA. "At the high altitude mapped in these images, the gas has little effect on the air we breathe; however, strong winds can carry it downwards to where it can significantly impact air quality. Carbon monoxide plays a role in both air pollution and climate change."

The carbon monoxide plume, blown by the jet stream, has also reached the East Coast and Atlantic Ocean.

This visualization shows a three-day average of carbon monoxide concentrations, from Sept. 6 to 14, 2020, in the atmosphere over California due to wildfires. Higher concentrations of the gas appear as red and orange regions.NASA / JPL-Caltech
Elisha Fieldstadt

Elisha Fieldstadt is a breaking news reporter for NBC News.

Denise Chow contributed.