On Wednesday, 881 stocks advanced, 2963 declined and 77 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.29, indicating negative closing of stocks in broader markets.
Waaree Energies secures order from Mahindra Susten for 280 MW of AHNAY Series Bi-55 545Wp solar modules. Delivery expected in Q3 next fiscal, order value undisclosed.
The unveiling of a budget that charts a clear course for the nation is a welcome sight in an era of uncertainty. The cornerstone of this budget is its commitment to policy continuation, instilling confidence and stability in corporate sector. The FY25 fiscal deficit has been pegged at 5.1% of GDP, lower than market expectations, with a commitment to reducing below 4.5% of GDP by FY26. The budget focuses on a climate-friendly approach, strengthening the EV ecosystem, domestic tourism, and multi-modal logistics to propel India towards a developed nation by 2047. It also includes measures to boost innovation in the defense sector and improve logistics efficiency.
Mahindra Group has announced key leadership appointments across its businesses. Manoj Bhat, the group s chief financial officer, has been named as the managing director and CEO of Mahindra Holidays & Resorts India Ltd (MHRIL) starting from May 17, 2024. This move is part of Mahindra Group s talent development and retention strategy.
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