On 4 March, Small Industries Development Bank of India (SIDBI), among the frequent borrowers in India’s debt market, withdrew its plans to raise up to ₹8,000 crore through bonds maturing in July 2029. Earlier on 20 February, the National Bank for Financing Infrastructure and Development, also called as NaBFID, had canceled the sale of the…
Borosil Ltd has informed immediately after the stock market closed on Wednesday that due to restriction in LPG supply, production at its plant in Jaipur, Rajasthan has been affected. The company said that following the reduction in supply by Oil Marketing Companies (OMCs), the production of its borosilicate glass furnaces has been stopped for the…
The Nifty fell 1.25% to 25178.65 on Friday, after FIIs net sold Indian shares worth a provisional ₹7,536 crore, and increased net derivatives hedges by ₹3,583 crore to offset the risk of a fall on Monday. Of the ₹3,583 crore of extra index futures shorted on Friday, Nifty shorts accounted for ₹3,117 crore, with Bank…
