ThinkStock PhotosBritannia Industries(up 3.37%), Heritage Foods(up 2.59%), JHS Svendgaard Laboratories(up 2.38%), TATA CONSUMER PRODUCTS(up 2.22%), Nestle India(up 1.97%), Vadilal Industries(up 1.93%), Marico(up 1.34%), Adani Wilmar(up 1.25%), Dabur India(up 1.24%) and Colgate Palmolive(India)(up 0.94%) were among the top gainers.
ADF Foods(down 2.84%), Varun Beverages(down 2.55%), Jyothy Labs(down 1.26%), Zydus Wellness(down 1.07%), Patanjali Foods(down 0.65%), Tasty Bite Eatables(down 0.63%), Euro India Fresh Foods(down 0.47%), Emami(down 0.20%), Bikaji Foods International(down 0.11%) and Sheetal Cool Products(down 0.06%) were among the top losers.
The NSE Nifty50 index was trading 55.65 points up at 18654.65, while the 30-share BSE Sensex was up 104.01 points at 62896.89 at around 11:01AM.
Britannia Industries(up 3.37%), Bharat Petroleum Corporation(up 2.72%), TATA CONSUMER PRODUCTS(up 2.22%), HDFC LIFE INSURANCE(up 2.22%), Nestle India(up 1.97%), Apollo Hospitals Enterprises(up 1.72%), Power Grid Corporation of India(up 1.59%), Hero MotoCorp(up 1.55%), SBI Life(up 1.42%) and Axis Bank(up 1.03%) 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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