Watt & Well specializes in power electronics equipment across aerospace, oil & gas, renewables, and e-mobility sectors.The collaboration will initially focus on developing a 30kW Power Module for India’s EV charging market, with plans to explore a bidirectional power module for vehicle-to-grid (V2G) applications.Under the agreement, Servotech will manufacture these power modules domestically as ...

Tobacco stocks took a sharp tumble on the bourses on February 20, as reports suggested that the Goods and Services Tax (GST) Council might consider hiking the GST applicable on cigarettes and other tobacco products.This hike would be implemented once the compensation cess on these items is discontinued, the Economic Times reported.The shares of diversified conglomerate ITC, Four Square-maker Godfr...

The National Stock Exchange (NSE) on February 19 announced the addition of the futures and options (F&O) contracts of Tata Technologies and IREDA stocks from February 28 onwards.In a circular released on February 19, NSE said that investors will be able to participate in F&O contracts of the two securities as the March series begins, following the expiry of the ongoing February series on February ...

The Nifty 50 could not sustain above 23,000 on a closing basis, ending flat but consistently defending 22,800 amid rangebound trading, while the Bank Nifty performed better than the benchmark Nifty 50, climbing above 49,500. According to experts, if the Nifty 50 sustains above 22,800, the attempt to show an upward movement is likely to continue toward 23,000 (initially) and then toward the 23,100â...

Bulls showed healthy strength, taking the benchmark Nifty 50 beyond 23,000, but failed to counter the bear's attack, which wiped out all intraday gains. As a result, the index closed with a marginal loss amid a rangebound session on February 19. The index continued to take support at 22,800 and formed a higher highs-higher lows formation on the daily charts, although the overall sentiment remains ...