Companies & Sectors

Heavy electrical equipment maker Bharat Heavy Electricals Ltd(BHEL) on Friday gained over 22 per cent on the BSE over reports that the government may soon divest its stake in the company.   BHEL scrips on the BSE had surged as much as 29.29 per cent to hit an intra-day high of Rs...
Several newspaper headlines in recent times have been proclaiming, “Scrappage policy soon to give impetus to the automobile industry.” Apparently, the government will shortly announce a policy that encourages the scrapping of older automobiles, thereby boost new purchases, which, the...
Troubled mortgage lender Indiabulls Housing Finance has filed an FIR with the Mumbai Police against individuals spreading false information against it.   In an exchange filing on Wednesday, the lender said the FIR contains specific proofs against persons for spreading false messages...

National Aluminium Company Limited (NALCO) on the NSE fell over 4% after the company informed the Exchanges of acute shortage of coal to run operations.   NALCO said it is running out of buffer coal as there is a shortfall of around 7,000-8,000 tonnes coal per day.   "NALCO's...
Exide Industries Ltd, the country's largest stored energy solutions provider, announced its entry into India's burgeoning e-rickshaw market by launching its first model on Wednesday.   The state-of-the-art e-vehicle is being launched in select markets in India and will be available...

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