MAGADHSUGAR(up 8.31%), Simbhaoli Sugars(up 6.21%), BAJAJHIND(up 6.04%), Sakthi Sugars(up 5.01%), Dhampur Sugar Mills(up 4.66%), Rajshree Sugars & Chemicals(up 4.56%), Shree Renuka Sugars(up 4.18%), AVADHSUGAR(up 4.01%), Kothari Sugars & Chemicals(up 3.06%) and Rana Sugars(up 3.04%) were among the top gainers.
Dharani Sugars & Chemicals(down 2.30%) and Bannari Amman Sugars(down 0.31%) were among the top losers.
The NSE Nifty50 index was trading 62.2 points up at 18661.2, while the 30-share BSE Sensex was up 126.72 points at 62919.6 at around 11:06AM.
Britannia Industries(up 3.33%), Bharat Petroleum Corporation(up 2.82%), TATA CONSUMER PRODUCTS(up 2.27%), HDFC LIFE INSURANCE(up 2.27%), Nestle India(up 2.03%), Hero MotoCorp(up 1.62%), Apollo Hospitals Enterprises(up 1.61%), Power Grid Corporation of India(up 1.55%), SBI Life(up 1.47%) and Hindustan Unilever(up 1.11%) were among the top gainers in the Nifty pack.
Wednesday, 07 Jun, 2023- Front Page
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Auto Cos Await Clarity on PLI Subsidy for FY23More than a year after the ₹25,938 crore production-linked incentive (PLI) scheme for India's auto sector came into effect, qualified manufacturers await clarity on whether they will receive sops for the first year of the programme.
Byju’s Misses $40m Loan Payment, Sues LendersByju’s has sued its lender Redwood, an American investment management firm, and its related entities in the New York Supreme Court for accelerating the repayment of a $1.2 billion Term Loan B (TLB). This marks a new twist in the long-drawn saga playing out between the Indian edtech major and its lenders even as Byju’s missed its quarterly interest payment of about $40 million for the TLB that was due on June 5.
Sequoia India & SE Asia Split from USSequoia Capital, the marquee Silicon Valley investor in early-stage companies, has broken away from its India and China partnerships, signalling a retreat from Asia for the fund that had backed technology giants Apple and Google in its early days.
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