AgenciesUgar Sugar Works(up 1.39%) and Dalmia Bharat Sugar & Industries(up 0.54%) stood among the top gainers.
MAGADHSUGAR(down 4.55%), Shree Renuka Sugars(down 3.68%), AVADHSUGAR(down 3.44%), Dharani Sugars & Chemicals(down 3.33%), Uttam Sugar Mills(down 3.19%), Dwarikesh Sugar Industries(down 2.83%), K.M.Sugar Mills(down 2.44%), EID Parry(down 2.41%), BAJAJHIND(down 2.41%) and Simbhaoli Sugars(down 2.39%) were among the top losers of the day.
The NSE Nifty50 index ended 1.55 points up at 18265.95, while the 30-share BSE Sensex closed down 2.92 points at 61761.33.
Divis Laboratories(up 2.95%), Coal India(up 1.5%), IndusInd Bank(up 1.27%), Axis Bank(up 1.12%), Mahindra & Mahindra(up 1.11%), Tata Consultancy(up 1.0%), Adani Ports & Special Economic Zone(up 0.79%), Tata Motors(up 0.63%), Cipla(up 0.63%) and Hero MotoCorp(up 0.59%) stood among the top gainers in the Nifty pack.
On the other hand, UPL Ltd(down 2.94%), ITC(down 1.77%), State Bank of India(down 1.73%), Bajaj Finance(down 1.59%), JSW Steel(down 1.12%), Hindalco Industries(down 1.06%), Grasim Industries(down 0.76%), Apollo Hospitals Enterprises(down 0.69%), NTPC(down 0.59%) and Power Grid Corporation of India(down 0.55%) closed in the red.
Tuesday, 09 May, 2023- Front Page
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- Govt Mulls New Framework to Put IBC Cases on Fast Track
The government is considering a creditor-led insolvency resolution mechanism under the bankruptcy law to fast-track settlement and ease the burden on the National Company Law Tribunal (NCLT), people aware of the development said.
In ‘Reverse Flip’, Razorpay Parent Returning to IndiaBengaluru headquartered digital payments firm Razorpay is in the process of moving back its parent entity to India from the US, amid tighter sectoral regulations, said two people aware of the matter.The development comes months after Walmart-owned online payments firm PhonePe shifted its holding company to India from Singapore.
GST Violations Case: MoF Refuses to Act on Insurers’ Plea, Refers Matter to IrdaiThe finance ministry has declined to intervene in a plea for relief made by the insurance industry, which is facing penal action from tax authorities for goods and services tax (GST) input tax credit violations.
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