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Equity indices dip over 1 pc, metal stocks crack

Equity indices dip over 1 pc, metal stocks crack
greekherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greekherald.com Daily Mail and Mail on Sunday newspapers.

HDFC, APSEZ, IRCTC in focus

HDFC has reduced its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from March 4, 2021. The change will benefit all existing HDFC retail home loan customers. Adani Ports and Special Economic Zones (APSEZ) is acquiring the 31.5% stake held by Windy Lakeside Investment (an affiliate of Warburg Pincus) in Gangavaram Port (GPL). The acquisition is valued at Rs.1,954 crore and subject to regulatory approvals. IRCTC said the company will operate trips through Golden Chariot from 14th March, 2021 onwards. IRCON International has been awarded the work for replacement of mechanical signaling at various locations at Moradabad at the expected completion cost of Rs 187 .80 crore. The tenure for execution of the works is 24 months. This work has been awarded on competitive bidding basis among PSUs by the Northern Railways, Ministry of Railways.

Sensex tanks 599 pts on weak global signals; Nifty holds 15,000

Read more about Sensex tanks 599 pts on weak global signals; Nifty holds 15,000 on Business Standard. The main stock indices tumbled on Thursday after rising for three consecutive sessions, dragged by losses in metal and financial stocks. A rise in US bond yields spoilt investor sentiment globally.

Adani Ports To Acquire 31 5% Stake In Gangavaram Port; Stock Gains 2%

Adani Ports To Acquire 31.5% Stake In Gangavaram Port; Stock Gains 2% Adani Ports To Acquire 31.5% Stake In Gangavaram Port; Stock Gains 2% Adani Ports and Special Economic Zone is acquiring the 31.5 per cent stake of Windy Lakeside Investment in the Gangavaram Port (GPL) for Rs 1,954 crore Updated: March 04, 2021 10:11 am IST As of 10;00 am, the sharesof Adani Ports were trading higher by 2 per cent on BSE Adani Ports and Special Economic Zone (APSEZ) said on Wednesday that it is acquiring the 31.5 per cent stake of Windy Lakeside Investment in the Gangavaram Port (GPL) for Rs 1,954 crore. The acquisition is subject to regulatory approvals, Adani Ports said in a regulatory filing to the stock exchanges.

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