Indiabulls Housing

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NIFTY started the day flat at 19,989. After the initial consolidation near the opening and yesterday’s low of 19,950 levels, the index moved up with strength till 20,100 levels (a 150-point up-move). Nifty closed at 20,070, up by 76 points or 0.38%. BANK NIFTY (BNF) started the day at 45,449 with a small gap-down of […]
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ED conducts raids at Indiabulls Finance Centre in Mumbai The Enforcement Directorate (ED) conducted raids at Indiabulls Finance Centre in Mumbai.  The search was based on an Enforcement Case Information Report (ECIR) registered by ED under the Prevention of Money Laundering Act, 2002 (PMLA) against Indiabulls Housing, promoter Sameer Gehlaut, and other related companies and […]
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RIL to invest Rs 75,000 crore in four renewable energy gigafactories Reliance Industries Ltd (RIL) will invest Rs 75,000 crore over the next three years to set up four renewable energy gigafactories in Jamnagar, Gujarat. The complex will include a solar photovoltaic module factory and an advanced energy storage battery factory. It would also comprise […]
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Retail inflation eases to 4.06% in January; industry output grows 1% in December India’s retail inflation, calculated by the Consumer Price Index (CPI), eased to 4.06% in January 2021, primarily due to a decline in vegetable prices. The CPI stood at 4.59% in December 2020 and 7.6% in January 2020. Meanwhile, the Index of Industrial […]
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Cabinet approves PLI scheme worth Rs 2 lakh crore for 10 sectors The Union Cabinet has approved Production Linked Incentive (PLI) scheme worth up to Rs 2 lakh crore for 10 key sectors, for the next 5 years. The scheme will provide a boost to India’s manufacturing capabilities and improve exports. The sectors that will […]

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