#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Chemical stock jumps 7% after company’s promoter sold their stake
This Chemical stock which deals in the manufactures and sells a wide range of Organic and Inorganic Pigments, Effect Pigments soared 7 percent after the promoters sold the stake in the company at Rs. 950 per share. Price Action With a market capitalization of Rs. 7,212 Crores, the shares of Sudarshan Chemical Industries Limited were [...]
Mutual Fund: Direct Plans vs Regular plans; Which one should you choose?
A mutual fund is a pooled investment vehicle where money from multiple investors is collected and managed by a professional fund manager. The fund invests in a diversified portfolio of assets such as stocks, bonds, and other securities. Mutual funds provide individual investors with access to a wide range of investments, helping to reduce risk [...]
Solar stock jumps after receiving order worth ₹27 Cr for solar panels and inverters
Solar stock engaged in providing engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications in focus upon receiving work order worth Rs. 27 Crores to supply Solar Panels and Inverters. Price Action With a market capitalization of Rs. 1,046 Crores, the shares of Australian Premium Solar (India) Limited were trading at Rs. [...]
Realty stock jumps after company repaid ₹100 Cr debt
The real estate market in India has witnessed a significant boom, driven by increasing demand for both residential and commercial properties. Factors such as growing urbanization, rising incomes, and low interest rates have contributed to a surge in property demand, particularly in the luxury segment. The prices of high-end properties have been rising steadily, fueled [...]
Navratna PSU stock jumps 5% after signing MoU worth ₹600 Cr with HUDCO
Navratna PSU, one of India's largest realty CPSEs with operations in project management consultancy and development jumped up to 5 percent in the day’s trade upon signing an MoU with HUDCO to develop a project at ~Rs. 600 Crores Price Action With a market capitalization of Rs. 26,725 Crores, the shares of NBCC (India) Limited [...]
Ethanol stock jumps after company acquired 100% stake in Sonitron Bio Organics
The bioenergy sector in India, particularly ethanol blending, has provided a significant boost to sugar stocks. Ethanol, derived from sugarcane, plays a crucial role in India's push to achieve 20% ethanol blending by 2025, reducing reliance on fossil fuels. This has created a favorable environment for sugar companies that are also involved in ethanol production. [...]
Nomura India portfolio stocks with low debt to keep on your radar
Nomura India Investment Fund Mother Fund is a key investment vehicle under Nomura's asset management umbrella. It aims to provide diversified exposure to Indian equities, catering to both institutional and retail investors seeking growth opportunities in India's dynamic market landscape. The fund focuses on long-term capital appreciation through strategic investments. As per the latest corporate [...]
3 Stocks trading ex-bonus next week to keep in your radar
Bonus shares are additional shares issued by a company to its existing shareholders, typically in proportion to their current holdings, without any cost. This is done by capitalizing the company’s reserves and converting a portion of retained earnings into equity. Companies usually issue bonus shares when they have significant reserves and want to reward shareholders, [...]
Chemical stock jumps 6% after company’s board announces additional capex of ₹350 Cr
This Smallcap Chemical stock which deals in the business of chemicals, yarn, and commodity products was up by 6 percent in the day’s trade after the board approved additional capex plans worth Rs. 350 crore in Gujarat. Price Action With a market capitalization of Rs. 5,802 Crores, the shares of GHCL Limited were up by [...]
PSU stock jumps after receiving an order worth ₹316 Cr from Govt. of Odisha
This Navartana PSU stock which deals in operates in segments like Project Management Consultancy, Engineering Procurement & Construction, and Real Estate was up by 2.3 percent in the day’s trade after the company received an order worth Rs. 316 crores from the Government of Odisha for upgrading the primary school hostel. Price Action With a [...]
News Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
5 Stocks that supply defence equipments to Israel to keep an eye on
The geopolitical tensions involving Israel, Iran, and Gaza are characterized by Iran's animosity toward Israel and its support for militant groups like Hamas and Hezbollah, which engage in hostilities against Israel. This led to airstrikes, military & political outrage, loss of life, and more leading to fear of global war among other nations. Listed below [...]
Latest Market News
L&T Finance explores exiting realty projects lending biz
Mumbai, May 2 (PTI) L&T Finance is exploring "inorganic structures" to exit the real estate projects lending business or at least reduce its exposure in the segment by partnering with other financiers, a top company official said on Monday. The company is also looking to partner with dedicated funds to create a platform which will [...]
Ageas Federal Life Insurance clocks Rs 94 cr net profit for FY22
New Delhi, May 2 (PTI) Private sector insurer Ageas Federal Life Insurance (AFLI) on Monday said it has posted a net profit of Rs 94 crore for the fiscal year ended March 2022. This is the 10th consecutive year of profit for the company since it first declared profit in FY2012-13, Ageas Federal Life said [...]
National Open Access Registry goes live
New Delhi, May 2 (PTI) The National Open Access Registry (NOAR), which is common automated technology platform for all stakeholders, including open access participants, traders and power exchanges, has gone live from May 1, the power ministry said on Monday. The NOAR has been designed as an integrated single window electronic platform accessible to all [...]
Bank of Baroda cuts interest rate on car loans to 7 pc
Mumbai, May 2 (PTI) State-run Bank of Baroda on Monday announced a 25 basis points (bps) reduction in its car loan interest rates to 7 per cent per annum from 7.25 per cent earlier. The lender also said it has reduced processing charges to a flat Rs 1,500 plus GST for a limited period up [...]
India extends its current credit line to Sri Lanka by USD 200 million to procure fuel: Power Minister
Colombo, May 2 (PTI) India has extended its current credit line by a further USD 200 million to replenish Sri Lanka’s rapidly depleting fuel stocks, Power and Energy Minister Kanchana Wijesekera said on Monday. Sri Lanka is currently in the throes of an unprecedented economic turmoil since its independence from Britain in 1948. The crisis [...]
Private operator gets nod to run electric buses on Bhopal-Indore route
Bhopal, May 2 (PTI) The Madhya Pradesh transport authority has granted permission to a private operator to run air-conditioned electric buses between Bhopal and Indore. The move is expected to cut carbon emissions by reducing the number of vehicles using conventional fuel on the busy three-hour route. 'NueGo', inter-city premier AC electric bus service from [...]
IDBI Bank Q4 Results: Profit after tax jumps 35% on lower provisions
IDBI Bank on Monday reported a 35 per cent jump in profit after tax at Rs 691 crore for the quarter ended March on the back of lower provisioning, improvement in asset quality and better recoveries. The lender had posted a profit after tax (PAT) of Rs 512 crore in the year-ago period. For the [...]
Scorching heat leads to record sales of residential air conditioners in April
New Delhi, May 2 (PTI) The early arrival of summer and the subsequent heat wave have led to soaring demand for residential air conditioners, with manufacturers such as Voltas, Panasonic, Hitachi, LG and Haier posting record sales in April. The sales have also been boosted by pent-up demand and a low base of April last [...]
Tata Chemicals shares jump nearly 10 pc on higher earnings
New Delhi, May 2 (PTI) Shares of Tata Chemicals on Monday jumped nearly 10 per cent after the company reported a multi-fold rise in consolidated profit after tax for the quarter ended March. The stock rallied 9.89 per cent to settle at Rs 1,033.75 apiece on the BSE. During the day, it zoomed 11.37 per [...]
Record loan sales push HDFC net up 16% to Rs 3,700 cr, says better days ahead
Mumbai, May 2 (PTI) Housing finance major HDFC on Monday reported a 16 per cent growth in standalone net profit to Rs 3,700 crore for the January-March quarter, helped by record loan sales on the back of benign interest rates and the resultant fall in cost of funds along with the near-total repayments that culled [...]
Bajaj Finance Fixed Deposit Offers a Safe Investment Option with Interest Rates up to 7.35 percent p.a.
Pune, Maharashtra, India (NewsVoir) For many investment options, market volatility affects the returns, but this is not the case with fixed deposits. FD interest rates are fixed, making it an excellent choice for investors to inject stability into their portfolios. These rates are crucial in deciding where to invest, and investors have several issuers to [...]
Asian Paints and St+art India Foundation Launch St+art Care with the First Initiative at a Children’s Hospital in Noida
Noida, Uttar Pradesh, India (NewsVoir) • St+art care will be an annual initiative to bring art to various public institutions • The first hospital to benefit from this project is The Post Graduate Institute of Child Health (an autonomous Institute under the Govt. of UP), located in Sector 30, Noida. St+art India Foundation in collaboration [...]
Founder of Chitkara’s Incubated EdTech Startup Dr. Neha Tuli, Felicitated with STPI’s Women Entrepreneur of the Year Award at TIECON 2022
Chandigarh, India (NewsVoir) Dr. Neha Tuli, Founder of 6DOF Solutions Pvt. Ltd. (an EdTech startup) incubated by Chitkara University, Punjab, was honoured with the prestigious ‘Women Entrepreneur of the year’ award by Software Technology Parks of India, Mohali & TIECON 2022 at its Annual STPI Awards 2022. TIECON is the world's largest technology conference designed [...]
Realty firm TARC raises Rs 1,330 cr to repay entire loans
New Delhi, May 2 (PTI) Realty firm TARC Ltd on Monday said it has raised Rs 1,330 crore through the issue of non-convertible debentures to retire the entire loans of the company. In a regulatory filing, TARC Ltd, formerly Anant Raj Global Ltd, informed that the company has "successfully raised Rs 1,330 crores by way [...]
Jaishankar meets German counterpart Baerbock in Berlin, reviews bilateral cooperation
Berlin, May 2 (PTI) External Affairs Minister S Jaishankar met his German counterpart Annalena Baerbock on Monday and the two leaders reviewed the bilateral cooperation and discussed the Russia-Ukraine conflict and the Indo-Pacific. Jaishankar, who is here as part of Prime Minister Narendra Modi’s delegation, said that he had “good conversation” with Minister for Foreign [...]
JSL Q4 net jumps over two-fold to Rs 750 cr
New Delhi, May 2 (PTI) Jindal Stainless Ltd (JSL) on Monday posted a 156 per cent jump in consolidated net profit at Rs 749.88 crore for the March quarter, mainly on account of higher income. In the year-ago quarter, its net profit stood at Rs 292.61 crore, the company said in a regulatory filing. Total [...]
Ayana Renewable Power partners with Greenstat Hydrogen India to develop green hydrogen projects
New Delhi, May 2 (PTI) Ayana Renewable Power and Greenstat Hydrogen India have collaborated for the development of green hydrogen projects powered by renewable energy in India. The first pilot project will come up in Karnataka. "National Investment and Infrastructure Fund (NIIF) backed Ayana Renewable Power (Ayana) and Norway-based Greenstat ASA’s subsidiary Greenstat Hydrogen India, [...]
Scorching heat leads to record sales of residential air conditioners in April
New Delhi, May 2 (PTI) The early arrival of summer and the subsequent heat wave have led to soaring demand for residential air conditioners, with manufacturers such as Voltas, Panasonic, Hitachi, LG and Haier posting record growth sales in April. The sales have also been boosted by pent-up demand and a low base of April [...]
Indian Wind Energy Sector Envisions Flow of Rs. 80,000 Crore in Coming Years
India presents fabulous investment opportunities in the clean energy sector - Mr. Tulsi Tanti - Chairman, Indian Wind Turbine Manufacturers Association (IWTMA) New Delhi, Delhi, India (NewsVoir) High on the pioneering clean energy initiative undertaken by Prime Minister Narendra Modi, which aims to make India the frontline nation globally in clean energy generation, the Indian [...]
Pay Premium Only for the Distance you Drive
HDFC ERGO launches an innovative motor insurance policy under the ‘Sandbox’ program of IRDAI Mumbai, Maharashtra, India (NewsVoir) • ‘Pay as you drive’ offers distance-based insurance under the own damage section to reduce the upfront insurance costs • The offering has been extended as a pilot with Maruti Suzuki India Limited to its customers buying [...]
Suzuki Motorcycle reports 8% dip in sales in April
Suzuki Motorcycle India on Monday reported sales of 71,987 units in April, a dip of 8 per cent from 77,849 units sold in the same month last year. The company said its domestic sales last month stood at 54,327 units, while exports were at 17,660 units. "Two-wheeler industry continues to navigate through the challenges thrown [...]
Bajaj Auto shares decline nearly 3% after April sales data
Shares of Bajaj Auto Ltd on Monday fell by nearly 3 per cent after the company reported a 20 per cent decline in total sales in April. The stock went lower by 2.75 per cent to settle at Rs 3,624.50 apiece on the BSE. During the day, it tumbled 3.18 per cent to Rs 3,608.30. [...]
BULLION CLOSING RATE
BULLION CLOSING RATE MUMBAI, MAY 2 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 62,820.00 62,950.00 STANDARD GOLD (99.5) : 51,200.00 51,130.00 PURE GOLD (99.9) : 51,406.00 51,336.00 -------------------- PTI MUM SSBSSB SSB
Adani Wilmar Q4 Results: Consolidated profit down 26%; income up 40%
Edible oil major Adani Wilmar on Monday reported a 26 per cent decline in consolidated net profit at Rs 234.29 crore for the quarter ended March on higher tax expenses. The company had posted a net profit of Rs 315 crore in the year-ago period. In a regulatory filing, Adani Wilmar reported that its total [...]
Gold jewellery consumption likely to grow 11% in FY23: Report
India's gold jewellery demand is likely to grow steadily at 11 per cent during the current financial year due to strong retail performance last year, according to a report. Within the jewellery retail industry, revenues of organised retailers are likely to grow at a higher pace of 14 per cent, backed by their aggressive store [...]
C-DOT, C-DAC ink pact for cooperation in telecom, ICT fields
New Delhi, May 2 (PTI) The Centre for Development of Telematics (C-DOT) and the Centre for Development of Advanced Computing (C-DAC) have signed a pact for cooperation in the diverse areas of Telecom and ICT, to spur indigenous technological design and development, according to an official release. The Memorandum of Understanding (MoU) between the two [...]
Sensex slips for 2nd day as hawkish Fed looms; HDFC shines after Q4 show
Mumbai, May 2 (PTI) Equities remained under pressure for the second session running on Monday as investors stayed on the sidelines ahead of a crucial meeting of the US Federal Reserve this week where it is expected to go for an aggressive rate hike to tame runaway inflation. A weak rupee and persistent foreign fund [...]
Avani Institute of Design Curates Metaplay Workshop Using Emerging Technologies within the AEC Industry
Avani Institute of Design in collaboration with Design Future Foundation (DFF), USA, and DEZACT, London is curating an online design workshop, ‘MetaPlay’ which investigates the potential of using emerging technologies such as parametric design and modeling tools and Augmented Reality/Virtual Reality tools to explore and rethink about built environment design using digital media. This six-day [...]
Award-winning Designs, Legacy to Celebrate – Raniwala 1881
JAIPUR, India, May 2, 2022 /PRNewswire/ -- Raniwala 1881, based in the heart of the pink city - Jaipur is the connoisseur of the bridal jewellery of Rajasthan. The brand is known for infusing imagination and creativity in every single piece that it curates while remaining strongly rooted in its history and heritage. It takes [...]
TVS Motor Company Sales in April 2022 Grows by 24%
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company sales grew by 24 percent from 238,983 units in the month of April 2021 to 295,308 units in April 2022. Two-Wheeler Total two-wheelers sales grew by 24 percent, from 226,193 units in April 2021 to 280,022 units in April 2022. Domestic two-wheeler sales grew by 37 percent, [...]
Blue Planet Skills Launches Collective Responsibility Drive in Lucknow, Uttar Pradesh
Lucknow, Uttar Pradesh, India (NewsVoir) • Over Five lakh students will participate in the drive • Approx. 1500-2000 tons of dry waste will be collected and prevented from ending up in an unprocessed form in landfills • Hon’ble Kaushal Kishore, Minister of State, Ministry of Housing and Urban Affairs, Govt. of India was the Chief [...]
Jaishankar meets German counterpart Baerbock in Berlin, reviews bilateral cooperation
Berlin, May 2 (PTI) External Affairs Minister S Jaishankar met his German counterpart Annalena Baerbock on Monday and the two leaders reviewed the bilateral cooperation and discussed the Russia-Ukraine conflict and the Indo-Pacific. Jaishankar, who is here as part of Prime Minister Narendra Modi’s delegation, said that he had “good conversation” with Minister for Foreign [...]
COMMODITY PRICES
MUMBAI, MAY 2, (PTI) COMMODITY PRICES MUMBAI, MAY 2 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP (BERRY) 774.00 COPPER HEAVY SCRAPS 764.00 COPPER ARMATURE (CREDIT) 754.00 COPPER UTENSILS SCRAP 695.00 CC ROD 803.00 CC ROD (RECYCLED) 776.00 BRASS :- BRASS SHEET CUTTING 574.00 BRASS UTENSIL SCRAP 530.00 BRASS HONEY 505.00 [...]
CG Power Q4 Results: Consolidated profit shrinks 89%
CG Power and Industrial Solutions on Monday reported 89 per cent fall in consolidated net profit at Rs 111.65 crore for the quarter ended March 2022. In the year-ago quarter, the net profit was at Rs 992.89 crore, it said in a regulatory filing. Total income in January-March 2022 was at Rs 1,514.84 crore as [...]
Fino Payments Bank holdco says changes in board composition due to policy decision
New Delhi, May 2 (PTI) After Fino Payments Bank shareholders rejected a proposal to reappoint two independent directors, the parent firm Fino Paytech on Monday said the changes in the board composition are on account of a "policy decision on the reappointment". Fino Payments Bank on April 30 had said that its shareholders rejected the [...]
DSP flexi cap fund completes 25 yrs, delivering 19.1% CAGR returns
Mumbai, May 2 (PTI) Mid-sized fund house DSP Investment Managers has said its investors have gained 19.1 per cent on an annual basis in the past 25 years from its flexi cap fund. Launched late April 1997, the flexi cap fund has an AUM of Rs 7,661 crore as of end March 2022 and is [...]
Indo Amines Limited makes its debut on National Stock Exchange (NSE)
The shares of the company opened at share price 121 on listing day MUMBAI, India, May 2, 2022 /PRNewswire/ -- Indo Amines Limited, one of the country's leading maker of Fine Specialty & Performance Chemicals, has listed its shares on the National Stock Exchange (NSE). On its first day, the company's shares opened at 121. [...]
Wipro shares decline nearly 3% after earnings announcement
Shares of Wipro on Monday declined by nearly 3 per cent after the company's quarterly earnings failed to cheer investors. The stock declined 2.74 per cent to settle at Rs 495.05 on the BSE. During the day, it dipped 3.19 per cent to Rs 492.75. At the NSE, it went lower by 2.61 per cent [...]
India-UAE trade pact: Comm min to soon come out with detailed FAQs
New Delhi, May 2 (PTI) The commerce ministry will soon come out with detailed FAQs (frequently asked questions) on the recently implemented free trade agreement between India and the UAE to help the domestic industry understand benefits of the pact in a simple manner, an official said. The India-UAE Comprehensive Economic Partnership Agreement (CEPA), which [...]
Mahindra Holidays and Resorts Q4 Results: Profit after tax at Rs 15.87 cr
Mahindra Holidays and Resorts India Ltd on Monday reported its consolidated profit after tax at Rs 15.87 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated loss after tax of Rs 9.73 crore in the same period of previous fiscal, Mahindra Holidays and Resorts India Ltd (MHRIL) said in [...]
Bombay HC asks MIAL to list steps taken to clear flight path hurdles
Mumbai, May 2 (PTI) The Bombay High Court on Monday directed the Mumbai International Airport Ltd (MIAL) to file an affidavit listing steps it had taken to clear the obstacles and buildings violating norms that fell along the path of flight takeoffs and landings. A bench of Chief Justice Dipankar Datta and V G Bisht [...]
Inox Leisure Q4 Results: Consolidated net loss narrows to Rs 28.17 crore
Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March. The company had posted a net loss of Rs 93.69 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was up over three-fold [...]
Gadkari pitches for priority sector lending to entities engaged in alternative fuels
New Delhi, May 2 (PTI) Union Minister Nitin Gadkari on Monday made a case for extending priority sector lending facilities for entities engaged in production and business of alternative fuels like bio-ethanol, CNG and LNG, a move that will help cut imports of fossil fuels. Addressing an event here, the Road Transport and Highways Minister [...]
A Mobile-First Approach, New Coins, and Seamless P2P Exchange Experience LendenX
Gurgaon, Haryana, India – Business Wire India LendenX is taking a big step in the journey to making crypto more accessible to everyone globally. Life is becoming more digital than ever before with the emergence of millions of internet-connected devices, often referred to as the Internet of Things. Although the hype may have slowed from [...]
Meesho joins hands with Google Cloud to accelerate digital transformation
New Delhi, May 2 (PTI) Internet commerce company Meesho on Monday announced a strategic association with Google Cloud to drive its digital transformation journey. With this collaboration, Meesho expects to generate significant competitive advantage as it looks to build an AI-first supplier experience, better user acquisition strategies and a personalised shopping experience for the next [...]
7 Immensely Successful Value Investors in the World that You Should Know!
List of Most Successful Value Investors in the World: Value investing is the most successful investment strategy to make consistent returns from the market. It is a time-proven century-old investing strategy. The basic strategy of value investing is to buy companies at a significant discount. Here, you look for an amazing company, find its true [...]
Tesla can benefit by manufacturing EVs in India: Gadkari
New Delhi, May 2 (PTI) Union road transport and highways minister Nitin Gadkari on Monday said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits. Addressing an event here, Gadkari said days are not very far when the prices of all electric vehicles will [...]
OILSEEDS PRICES
MAY 2, 2022 MUMBAI, (PTI) DEOILED CAKES (per M.T.) G.N.Extr.45% 37000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed 36500.00 Rice Bran Extr. - Sunflower Extr. 25000.00 Rapeseed Extr. - Soyameal 48% 56087.00 Castor Extr. 8975.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 8500.00 Gr. Bolds 60/70 8800.00 Gr. Javas 60/70 9900.00 [...]
Toothsi raises USD 40 million
Mumbai, May 2 (PTI) Dental technology startup Toothsi on Monday said that it has raised USD 40 million (over Rs 305 crore) in a round of funding from a clutch of investors, including veteran banker Aditya Puri, Eight Roads Ventures, Paramark and IIFL. The newly raised funds will be used for building a team which [...]
Incremental credit-to-GDP share likely to breach 50 pc mark in FY23: Report
Mumbai, May 2 (PTI) The share of incremental bank credit in incremental nominal GDP is likely to cross the 50 per cent mark in the current financial year, from a decade low of 27 per cent in FY2022, an SBI research report said on Monday. The incremental credit to GDP share was as high [...]
AgNext Tech plans to raise Rs 500-600 crore in next two quarters
New Delhi, May 2 (PTI) Agri startup AgNext Technologies is planning to raise Rs 500-600 crore in the next two quarters of the current fiscal for integration of the existing post-harvest technology offerings and expansion of overseas business, the company's Founder and CEO Taranjeet Singh Bhamra said. Talking to PTI, Bhamra said the company has [...]
Geojit reports flat nos in Q4; full-year net up 21 pc at Rs 154 cr
Mumbai, May 2 (PTI) Geojit Financial Services on Monday reported a net income of Rs 36 crore for the March quarter, down marginally from Rs 37 crore a year ago, on lower income due to the market volatility. The Kochi-based brokerage said its quarterly revenue was flat at Rs 123 crore, while net income inched [...]
Tata CLiQ Luxury Forays into Fine Jewellery with the Launch of De Beers Forevermark
Platform to showcase nine trending collections across various product categories like rings, earrings, bracelets, pendants, nose pins & cufflinks Mumbai, Maharashtra, India – Business Wire India As India’s premier luxury lifestyle platform, Tata CLiQ Luxury marks another milestone in its effort to offer the best luxury brands and experiences to its customers with the introduction [...]
Kia India reports 18 pc increase in vehicle sales in April
New Delhi, May 2 (PTI) Kia India on Monday said its sales increased 18 per cent year-on-year to 19,019 units in April. The automaker had dispatched 16,111 units to dealers in April 2021. Seltos remained the top contributor to Kia's overall sales with 7,506 units, while Sonet and Carnival contributed 5,404 and 355 units, respectively. [...]
750AD Healthcare Pvt. Ltd. wins the National Feather Award for Healthcare & Social Care Support
2nd May, 2022: In the times of pandemic and through its healthcare review platform, 750AD Healthcare has helped the common man in raising its grievances on an open and non-bias platform leading to a revolutionary change in how people address the healthcare discrepancies. Owing to its remarkable work for the common people and the healthcare [...]
Solo Abstract Art Exhibition Themed ‘Life and its Scaffoldings’ by K Padmakar, a Veteran HR Professional
Mumbai, Maharashtra, India (NewsVoir) K Padmakar, a HR professional from TISS, Mumbai, has recently superannuated as Director HR from the Public Sector Giant, Bharat Petroleum Corporation Limited, after a total service of 37+ years in various capacities across the levels. For a year he also took additional charge as Chairman & Managing Director of the [...]
Large dividend from India unit boosts Vedanta Resources’ refinancing efforts: Moody’s
New Delhi, May 2 (PTI) A large dividend from its cash-rich India operating subsidiary has boosted billionaire Anil Agarwal-led Vedanta Resources Ltd's efforts to refinance debt, Moody's Investors Service said on Monday. On April 28, 2022, mining company Vedanta Ltd announced that its board of directors approved an interim dividend of Rs 11,710 crore (USD [...]
Hafele Launches New Campaign – Let’s Reimagine, to Position itself as a ‘Lifestyle Brand’
Bangalore, Karnataka, India (NewsVoir) At a time when global trends and world pandemics are forcing significant changes in lifestyles, the need to take a fresh look at our homes and the different spaces within them, has gained great importance. After spending literally two years within the confines of their homes, people are realizing that living [...]
IDBI Bank Q4 profit rises 35 pc to Rs 691 cr
New Delhi, May 2 (PTI) IDBI Bank on Monday posted 35 per cent rise in net profit at Rs 691 crore for the quarter ended March 2022 due to fall in bad loan provisions as NPAs came down. The bank had posted a net profit of Rs 512 crore for the same quarter of 2020-21. [...]
Vedanta Aluminium to source 380 MW green power for smelters
New Delhi, May 2 (PTI) Vedanta Aluminium on Monday announced it will source 380 MW of green power on a long-term basis for its smelters. Once online, this project has the potential to reduce the company's greenhouse gas emissions by 15,00,000 tonnes of CO2 equivalent annually. This will be carried out through a power delivery [...]
ARAI and Chitkara University Sign MoU to Offer BE Program in Automobile Engineering with Specialization in EV and Hybrid EVs
Chandigarh, India (NewsVoir) With the need for sustainable mobility solutions gaining a lot of ground and the Government of India pitching in by incentivizing the adoption of EV and Hybrid Electric vehicles, the need for professionals who can handle these emerging technologies is on the rise. To support the initiative of Government, Automotive Research Association [...]
TVS Motor sales rise 24% in April
New Delhi, May 2 (PTI) TVS Motor Company on Monday reported a 24 per cent increase in total sales at 2,95,308 units in April. The company had posted a total sales of 2,38,983 units in the same month last year, TVS Motor Company said in a statement. Total two-wheelers sales were up 24 per cent [...]
HDFC Q4 Results: Standalone net profit rises 16% to Rs 3,700 cr
The country's largest mortgage lender HDFC Ltd on Monday reported a 16 per cent rise in its standalone net profit to Rs 3,700 crore in the March 2022 quarter. The company had posted a net profit of Rs 3,180 crore in the year-ago period. Total income during the March 2022 quarter increased to Rs 12,308.46 [...]
Zilingo says board jointly suspended CEO Ankiti Bose, not individual investor
New Delhi, May 2 (PTI) Singapore-based fashion technology startup Zilingo on Monday said the decision to suspend its Indian-origin co-founder and CEO Ankiti Bose over alleged discrepancies in the company's accounts, was taken jointly by the board and not by any individual investor.In a strongly-worded statement, the company said Bose made certain harassment-related allegations only [...]
Vodafone Idea teams up with ICRIER to set up telecom centre of excellence
New Delhi, May 2 (PTI) Vodafone Idea has partnered with Indian Council for Research on International Economic Relations (ICRIER) to set up a telecom Centre of Excellence.The centre has been named InViCT (ICRIER and Vodafone Idea Centre for Telecom), which will drive research advisory and policy support efforts, according to a statement."The CoE (Centre of [...]
Guar gum futures ease on low demand
New Delhi, May 2 (PTI) Guar gum prices on Monday fell by Rs 203 to Rs 12,494 per five quintals in the futures market as traders offloaded their holdings in line with weak trend in spot market. On the National Commodity and Derivatives Exchange, guar gum for May delivery declined by Rs 203 or 1.62 [...]
Guar seed futures decline amid ample supplies
New Delhi, May 2 (PTI) Guar seed prices on Monday declined by Rs 60 to Rs 6,331 per 10 quintals in the futures trade amid increasing supplies from producing regions. On the National Commodity and Derivatives Exchange, guar seed contracts for May delivery fell by Rs 60 or 0.95 per cent to Rs 6,331 per [...]
Crude oil futures decline on low demand
New Delhi, May 2 (PTI) Crude oil futures on Monday dropped by 1.53 per cent to Rs 7,993 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 124 or 1.53 per cent to Rs 7,993 per barrel with a business volume [...]
Log9 Materials partners with Indeanta Ventures for rapid-charging battery technology
New Delhi, May 2 (PTI) Advanced battery-technology start-up Log9 Materials on Monday said it has entered into a partnership with electric-mobility service provider Indeanta Ventures Pvt Ltd to provide its rapid-charging battery technology to the latter's electric two and three-wheelers.The two partners have signed a memorandum of understanding for a long-term partnership, under which they [...]
VECV sales jump two folds to 5,525 units in April
New Delhi, May 2 (PTI ) VE Commercial Vehicles Ltd on Monday reported over two-fold jump in sales at 5,525 units in April 2022. The company had sold 2,145 units in the same month last year. VEVC, a joint venture between Volvo Group and Eicher Motors, said in a statement. Eicher branded trucks and buses [...]
Making an Impact: KIIT Ranked 8th Globally in SDG ‘Reducing Inequalities’
BHUBANESWAR, India, May 2, 2022 /PRNewswire/ -- KIIT Deemed to be University, Bhubaneswar has been ranked 8th among universities of the world in the Sustainable Development Goal (SDG) of 'Reducing Inequalities' in the prestigious Times Higher Education Impact Rankings 2022 published on 28th April 2022. Besides World University Rankings, Times Higher Education publishes several other [...]
India’s power consumption grows 13.6% to 132.98 bn units in April
Power consumption in the country grew 13.6 per cent year-on-year to 132.98 billion units (BU) in April, showing the impact of the early onset of summers and spurt in economic activities, according to power ministry data. Power consumption in April last year was recorded at 117.08 BU, which was higher than 84.55 BU in the [...]
Startup Accelerator, Marwari Catalysts Aims to Raise USD 10M at a Valuation of USD 90M after Closing its Last Round at USD 20M
Jodhpur, Rajasthan, India (NewsVoir) • MCats is a family of 40+ portfolio startups.• Represents 100+ Co-founders club.• MCats is a family of 35% portfolio startups led by women Co-founders.• The accelerator holds a strong network across Tier II & Tier III cities.• The fresh fund will be utilised to scale up the startups, strengthen the [...]
5 Stocks That Will Turn Ex-Dividend This Week: Do you own any?
5 companies that have recently announced dividends are turning ex-dividend this week. The ex-dividend date refers to the business day before the record date. Investors who buy the shares on the ex-dividend date or later are ineligible to receive dividends. Here’s a list of five companies that are about to turn ex-dividend this week: Gateway [...]
Milky Mist, a leading dairy brand in South India, partners with Dvara E-Dairy to adopt digital cattle management solutions
CHENNAI, India, May 2, 2022 /PRNewswire/ -- Tamil Nadu based Milky Mist, one of the largest milk aggregators and a leading dairy brand in South India, has partnered with Dvara E-Dairy Solutions to provide new-age technology solutions to its over 60,000 dairy farmers across the 13 districts in Tamil Nadu. Milky Mist procures approximately 6 [...]
Tiger Shroff Starrer Heropanti 2 Show Solid Growth
Mumbai, Maharashtra, India (NewsVoir) Actor Tiger Shroff, Tara Sutaria and Nawazuddin Siddiqui starrer Heropanti 2 released on 29th April with mixed reviews and tough competition from Runway 34 and KGF Chapter 2, despite staggering odds, the film has managed to collect approximately Rs. 7 crore on the opening day and now shows a huge jump [...]
Connect with future hospitality passion, enrol at NMIMS School of Hospitality Management, Navi Mumbai
NAVI MUMBAI, India, May 2, 2022 /PRNewswire/ -- SVKM's NMIMS School of Hospitality Management (SoHM) located at Navi Mumbai, invites applications for its three-year extensive program BBA in Hospitality Operations & Management for aspirants. SoHM is a one-of-a-kind institution, which besides providing well-rounded individuals to the hospitality industry following their three-year stint, also offers internship [...]
Royal Enfield joins hands with Italian riding gear brand Alpinestars
New Delhi, May 2 (PTI) Mid-size motorcycle maker Royal Enfield on Monday said it has tied up with Italian riding gear brand Alpinestars to create a riding apparel collection with high protection and performance.Founded in 1963 in Asolo, Italy, Alpinestars is now a world-leading manufacturer of professional racing products, motorcycling airbag protection, high-performance apparel, gear [...]
EaseMyTrip plans to foray into currency exchange service
New Delhi, May 2 (PTI ) Online travel services provider EaseMyTrip on Monday said it is planning to foray into currency exchange service for which it will be applying for a license to the Reserve Bank of India.The company is expanding its offerings and is now, planning to launch a currency exchange service. It will [...]
MUM PEPPER COPRA OPENING RATES
MUMBAI, MAY 2 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 96000 COPRA OFFICE KOZIZODE 94000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 13500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1850 T.P ------------ PTI MUM SVC SVC
MUM BULLION OPENING RATES
MUMBAI, MAY 2 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 62820.00 STANDARD GOLD (99.5) : 51200.00 PURE GOLD (99.9) : 51406.00 ------------ PTI MUMSVC SVC
₹1.77 to ₹2,660: Multibagger Stock turns ₹1 lakh to ₹15.9 crores in 21 yrs
This stock is another example of how staying invested in a company for the long term can help investors get multibagger returns. On 31 August 2001, the shares were trading at ₹ 1.77 and currently, they are being traded at ₹2,660.00 levels, giving its long-term investors multibagger returns of 1,59,181.44%. Investors who had invested ₹1,00,000 [...]
A Singapore start-up helps banks open branches in remote locations for just USD 150
Singapore, May 2 (PTI) An Indian-origin banker who was so consumed by the idea of making banking accessible for the unbanked, that he poured his entire life savings into a start-up here that enables banks to set up branches in remote locations for just USD 150. Ram Sharma, a permanent resident in Singapore, and a [...]
TVS Motor drives in NTORQ 125 XT scooter tagged at Rs 1.03 lakh
New Delhi, May 2 (PTI) TVS Motor Company on Monday said it has launched a new variant of its NTORQ 125 scooter priced at Rs 1,02,823 (ex-showroom Delhi).The NTORQ 125 XT comes with a SmartXonnect connectivity platform and around 60 other features, making it the most tech-advanced scooter on sale in the country, TVS Motor [...]
Ashok Leyland sales up 42% in April
New Delhi, May 2 (PTI) Hinduja flagship firm Ashok Leyland on Monday reported 42 per cent increase in total commercial vehicle sales at 11,847 units in April. The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing. Domestic sales were higher 41 per cent at 11,197 [...]
Royal Enfield sales rise 17% to 62,155 units in April
New Delhi, May 2 (PTI) Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Monday said its total wholesales increased by 17 per cent to 62,155 units in April.The company had reported sales of 53,298 units in the same month last year.Domestic sales increased by 10 per cent to 53,852 units last month against [...]
Mahindra sales jumps 25% to 45,640 units in April
New Delhi, May 2 (PTI) Mahindra & Mahindra (M&M) on Monday said its total sales increased by 25 per cent to 45,640 units in April.The company's total sales stood at 36,437 units in April 2021.The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month [...]
6 Stocks to buy now for the short term profits – Check analyst targets
The benchmark indices opened higher on Friday, tracking gains in Wall Street and other Asian Markets. Some of the top gainers were from the oil & gas, financial services, metal and pharmaceutical sectors, however, there was weakness in select IT stocks. A lot of companies are about to declare their quarterly results today. Brokerage houses [...]
Bajaj Auto sales slip 20% to 3,10, 774 units in April
New Delhi, May 2 (PTI) Bajaj Auto Ltd on Monday reported a 20 per cent decline in total sales to 3,10,774 units in April.The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.Total domestic sales in the month stood at 1,02,177 units against 1,34,471 units in April [...]
RBI-MONEY MARKET OPERATIONS
MUMBAI, May 2 (PTI) Money Market Operations as on April 29, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate RANGE A. Overnight Segment 3,480.77 3.41 1.41-3.94 I. Call Money 594.57 3.14 2.90-3.94 II. Triparty Repo 2,886.20 3.46 1.41-3.90 III. Market Repo 0.00 - - IV. Repo [...]
ALLEN CAREER INSTITUTE AND BODHI TREE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP
$600 million investment by Bodhi Tree will help scale India's biggest and most successful test-prep company; leverage digital technology to dramatically improve learning outcomes for students in India and beyond MUMBAI, India, May 1, 2022 /PRNewswire/ -- ALLEN Career Institute (ALLEN) and Bodhi Tree Systems have announced a strategic partnership with the goal of building [...]
Industry captains, sports personalities pay glowing tributes to Sanmar group Chairman
Chennai, May 1 (PTI) Eminent personalities from different walks of life paid homage to veteran industrialist and Chairman of Sanmar Group, N Sankar, who died here recently. The homage meet was organised by Sanmar group on Sunday. In a video message, HDFC Ltd chairman Deepak Parekh described Sankar as a 'rare breed' of his kind [...]
Lankan prez Rajapaksa urges political parties to set aside differences; calls for ‘pro-people struggle’ to mitigate worst eco crisis
Colombo, May 1 (PTI) Sri Lanka's beleaguered President Gotabaya Rajapaksa on Sunday urged all political parties to set aside their differences and appealed to the protesting citizens to join hands to steer a "pro-people struggle" to meet the challenges, amidst growing demands for his government's immediate resignation over its failure to tackle the country’s worst [...]
Healthy, prosperous India not possible without healthy women workers: Labour Minister
New Delhi, May 1 (PTI) The dream of a 'Healthy India Prosperous India' cannot be realised without ensuring the good health of women workers, Union Labour Minister Bhupender Yadav said on Sunday. Yadav visited ESIC Hospital, Faridabad on the occasion of International Labour Day where a health and nutrition check-up camp was organised for female [...]
Power Minister says Delhi govt misleading public on electricity situation; enough coal stock for 5-8 days
New Delhi, May 1 (PTI) Union Power Minister R K Singh has said the Delhi government is misleading the public with incorrect information about the electricity situation in the national capital. In a letter shot off to the Delhi power minister, Singh has expressed displeasure at the Delhi government misleading the public, a source said. [...]
Tata Coffee merger with TCPL in 12-14 months
Kolkata, May 1 (PTI) The merger of Tata Coffee Ltd with Tata Consumer Products Ltd (TCPL) will be completed in 12-14 months and the companies are in the early stages of filing the regulatory process, an official said. Tata Coffee Ltd officials do not foresee any roadblocks in the process of merger. "It would take [...]
Sufficient stock of edible oils in India; monitoring prices, supply situation: Food Ministry
New Delhi, May 1 (PTI) The government on Sunday said the country has sufficient stock of edible oils and it is keeping a close watch on the price as well as supply situation. "India has optimum stock of all edible oils. As per the industry sources, the present stock of all edible oils in the [...]
In future, world should hear ‘Digital India Inside’: MoS IT
Bengaluru, May 1 (PTI) Giving the analogy of chip major Intel's famous slogan "Intel Inside", Minister of State for Communications and IT Rajeev Chandrasekhar on Sunday said all efforts of the government in the semiconductor domain should make the world hear "Digital India Inside". The minister also said industry players like Dell, Sony as well [...]
Sudhakar T N takes over additional charge as CMD of Goa Shipyard
Panaji, May 1 (PTI) Sudhakar T N on Sunday took over the additional charge of Chairman and Managing Director at Goa Shipyard Limited. He took over the additional charge of CMD after Cmde B B Nagpal demitted the office, the company said in a press release. Goa Shipyard Limited (GSL) spokesman said that Sudhakar started [...]
Securonix gets investments from Capital One Ventures, Wipro Ventures and others
New Delhi, May 1 (PTI) Software-as-a-service firm Securonix on Sunday said it raised fresh investments from Capital One Ventures, Snowflake Ventures, Verizon Ventures and Wipro Ventures. These strategic investments will allow Securonix to build and expand relationships with existing customers and partners as it continues to set the standard for cloud-native security analytics and operations, [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
