Castrol India, to launch next-generation immersion cooling fluids for use in data centres.Castrol India, to launch next-generation immersion cooling fluids for use in data centres.
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Recent Updates f

  1. Mphasis: Signed a collaboration agreement with AWS to launch Gen AI Foundry for Financial Services.
  2. Aster DM Healthcare Limited: Approved a special dividend of INR 118/- per share due to proceeds from the sale of the GCC business.
  3. Godrej Agrovet Limited: Its subsidiary, Creamline Dairy Products Limited, received an assessment order for tax liability from the Tamil Nadu Tax Authority.
  4. Lemon Tree Hotels: Launched its second property in Nepal, Tigerland Safari — A Lemon Tree Resort, Chitwan, Nepal.
  5. Granules India Limited: US FDA audit for its Unit V facility resulted in zero 483s.
  6. RVNL: Received a Letter of Acceptance (LOA) for a project from NFR-CONST HQ-ELECTRICAL/N.F.RLY CONSTRUCTION valued at Rs 95,95,44,544.95/-.
  7. Anand Rathi Wealth Limited: Approved a proposal for a buyback of up to 3,70,000 fully paid-up equity shares at a price of Rs 4,450 per share.
  8. EIL: Signed a MoU with Detect Technologies Private Limited for AI-based monitoring at construction sites for implementing safe practices.
  9. Varun Beverages: Started commercial production of carbonated soft drinks & energy drinks at its facility in Gorakhpur, Uttar Pradesh.
  10. Coforge: Shareholders approved fundraise via QIP or issuance of shares, other securities.

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Starting from 10th June 2024, the National Stock Exchange (NSE) is set to introduce a significant change in tick size, bringing it down to 1 paisa for all stocks priced below ₹250. This move marks the end of the BSE monopoly, opening new avenues for enhanced price discovery. The introduction of narrower tick sizes by NSE is undoubtedly a welcome step towards facilitating more accurate and efficient market dynamics. By fostering tighter bid-ask spreads and deeper liquidity, this initiative is poised to bring about a positive impact on the trading landscape. The shift in tick size is expected to generate more granular pricing, thereby contributing to greater transparency and fairness in the market. Investors and stakeholders can look forward to reaping the benefits of this evolution in the trading environment, ultimately resulting in an improved stock market experience and better investment outcomes FinancialNews #NIFTY #Trading Starting from 10th June 2024, the National Stock Exchange (NSE) is set to introduce a significant change in tick size, bringing it down to 1 paisa for all stocks priced below ₹250. This move marks the end of the BSE monopoly, opening new avenues for enhanced price discovery. The introduction of narrower tick sizes by NSE is undoubtedly a welcome step towards facilitating more accurate and efficient market dynamics. By fostering tighter bid-ask spreads and deeper liquidity, this initiative is poised to bring about a positive impact on the trading landscape. The shift in tick size is expected to generate more granular pricing, thereby contributing to greater transparency and fairness in the market. Investors and stakeholders can look forward to reaping the benefits of this evolution in the trading environment, ultimately resulting in an improved stock market experience and better investment outcomes FinancialNews #NIFTY #Trading

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