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Green energy stock jumps 5% after receiving order for solar power plant projects
Green Energy also engaged in the business of execution of turnkey solar power plant projects by providing EPC and other services jumped 5 percent in the day’s trade upon receiving work order worth Rs. 2.58 Crores for a 3MWp Solar PV system. Price Action With a market capitalization of Rs. 68 Crores, the shares of [...]
Maharatna PSU stock jumps 4% after collaboration with Total Energies for methane emission detection
This Maharatna PSU stock which is engaged in the exploration, production, and development of crude oil and natural gas, production of LPG, and transportation of crude oil up by 4 percent after the company collaborated with Total Energies for Methane Emission Detection at COP29. Price Action With a market capitalization of Rs. 79,232 Crores, the [...]
Infra stock jumps 15% after Adani Group likely to acquire 86% stake in the company
Stock operating in the domain of Realty engaged in offering a diversified range of construction and allied services jumped upto 15 percent in the day’s trade following speculations of Adani Group to acquire upto 86 percent stake in it. Price Action With a market capitalization of Rs. 2,842 Crores, the shares of PSP Projects Limited [...]
Mahindra Group stock jumps 5% after receiving buy call for an upside of 20%
The Indian automobile industry is in the midst of a growth phase, projected to reach around $300 billion by 2026. With a CAGR of around 8-9 percent, the market is driven by rising disposable incomes, urbanization, and increasing demand for electric vehicles. Government initiatives and consumer preferences are shifting towards larger vehicles and sustainable mobility [...]
Will Google be forced to Sell Google Chrome by United States?
The browser platforms market serves as a critical gateway to the internet, enabling users to access websites, applications, and online services. Dominated by major players like Google Chrome, Microsoft Edge, Mozilla Firefox, Apple Safari, and niche platforms like Alibaba's UC Browser, this market operates at the intersection of technology and user behavior. Each platform competes [...]
3 Stocks to benefit from subsidies for 3 wheelers EV under PM E-Drive scheme
On November 19, the Ministry of Heavy Industries restored subsidies for electric three-wheelers under the PM E-Drive scheme after the annual allocation for FY25 was exhausted. The government sanctioned additional funds to incentivize around 3,20,000 electric three-wheelers while keeping the focus on those with advanced battery technology for commercial use. On account of this development, [...]
Ethanol stock jumps after completion of sugar plant capacity expansion in UP
The ethanol industry in India is expanding rapidly, driven by its crucial role in reducing carbon emissions and enhancing energy security. Ethanol, a biofuel derived primarily from sugarcane and other crops, is blended with petrol to reduce dependency on fossil fuels. This industry supports multiple sectors, including agriculture and energy, while providing a renewable energy [...]
Penny stock jumps 11% after receiving order worth ₹7 Cr for workspace management services
Penny Stock engaged in providing workforce administration and management services jumped upto 11 percent in the day’s trade upon receiving a work order worth Rs. 7.31 Crores for providing workspace management services. Price Action With a market capitalization of Rs. 94 Crores, the shares of Service Care Limited were trading at Rs. 81.50 per equity [...]
Navratna stock jumps after receiving order worth ₹112 Cr from Haryana Govt.
The shares of this navratna company jumped 2.3 percent after the company bagged a prestigious work order from ST & SC Development, Minorities and Backward Classes Welfare Department worth Rs 112 crores. With a market capitalization of Rs 24,610.50 crore, the shares of NBCC (India) Ltd were trading at Rs 91.15 per share, increasing around [...]
Pharma stock hits 5% upper circuit after signing sales agreement with South Korean company
This Pharma stock is engaged in pharmaceutical contract development and manufacturing organization and offers a range of pharmaceutical products and services entered into an agreement with a leading South Korean company for Nutraceuticals. Price Action With a market capitalization of Rs. 9,144 Crores, the shares of Akums Drugs and Pharmaceuticals Limited hit a 5 percent [...]
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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
Minorities not targeted at Jahangirpuri: Union minister Puri
Mumbai, Apr 22 (PTI) Union Minister Hardeep Singh Puri on Friday said the civic body's action in the capital's Jahangirpuri was not targeted at any minority community, and termed such allegations as "nonsense". The minister for housing and urban affairs also said the state apparatus has not been vengeful, adding that Prime Minister Narendra Modi [...]
Tata Metaliks Q4 profit falls 30 pc to Rs 52 crore
New Delhi, Apr 22 (PTI) Tata Metaliks on Friday posted a 30 per cent fall in its net profit to Rs 52.46 crore for the quarter ended March owing to increased expenses. The company had clocked a Rs 74.99 crore net profit during January-March period of preceding 2020-21 fiscal, Tata Metaliks [...]
India’s growth story very much intact: ITC’s CMD
Mumbai, Apr 22 (PTI) Despite uncertainties arising out of global and domestic events, India's fundamentals are strong and its growth story is very much intact, ITC Ltd Chairman and Managing Director Sanjiv Puri said on Friday. He, however, said the rise in inflation is a concern, which has affected the demand. "No doubt that we [...]
Goa will be developed as India’s ‘tourism capital’: CM Sawant
Mumbai, Apr 22 (PTI) Goa Chief Minister Pramod Sawant on Friday said his government is developing infrastructure in such a way that the coastal state will emerge as the country's "tourism capital" going forward and sought investment in the key sector through public-private partnership (PPP) model.Speaking at Times Network's India Economic Conclave 2022 here on [...]
Lack of clear communication on merits of merger led to fall in twin stocks: HDFC CEO
Mumbai, Apr 22 (PTI) The fall in stock prices of HDFC Ltd and HDFC Bank after the announcement of their merger was due to the lack of "clear" communication on the merits of the amalgamation on account of silent period ahead of quarterly results declarations, according to a senior executive. Keki Mistry, who is the [...]
Tejas Networks post loss of Rs 49.62 cr in Q4, FY’22
New Delhi, Apr 22 (PTI) Tata group firm Tejas Networks on Friday posted a consolidated loss of Rs 49.62 crore in the fourth quarter ended on March 31, 2022, as the shortage of electronic chips hit its telecom gear production. The company had posted a profit of Rs 33.55 crore in the period a year [...]
RBI approves re-appointment of Ashutosh Khajuria as Federal Bank’s executive director
New Delhi, Apr 22 (PTI) Federal Bank on Friday said RBI has approved the re-appointment of Ashutosh Khajuria as the executive director on its board. "We wish to inform you that RBI has vide its letter dated April 21, 2022 given its approval for the re-appointment of Ashutosh Khajuria as the Executive Director on the [...]
All members expressed concerns over inflation at MPC meet
Mumbai, Apr 22 (PTI) All the six members of the RBI's rate setting panel expressed concern over inflation and Governor Shaktikanta Das stressed that the central bank will have to constantly re-assess the "dynamic and fast changing situation" and tailor its actions accordingly, as per the minutes of the recent MPC meeting released on Friday. [...]
Future Retail secured creditors rejects deal with Reliance Retail
New Delhi, Apr 22 (PTI) A majority of secured creditors of Future Retail Ltd (FRL) have rejected the Rs 24,713-crore deal between the Kishore Biyani-led retail major and billionaire Mukesh Ambani's Reliance Retail, according to a regulatory filing. While more than 75 per cent of shareholders and unsecured creditors supported the deal, FRL did not [...]
Nykaa makes strategic investments in Earth Rhythm, Onesto Labs, Kica
Mumbai, Apr 22 (PTI) Beauty and fashion brand Nykaa on Friday announced strategic investments in homegrown D2C brand incubator Onesto Labs, science-focused beauty brand Earth Rhythm and activewear brand Kica. Nykaa has acquired 18.51 per cent stake of Earth Rhythm at a consideration of Rs 41.65 crores, Anchit Nayar, CEO, E-commerce Beauty, Nykaa told reporters. [...]
SIDBI approves Rs 600 cr for industrial cluster development in Maharashtra
New Delhi, Apr 22 (PTI) Small Industries Development Bank of India on Friday said it has provided the approval for Rs 600 crore to the Maharashtra government under the SIDBI Cluster Development Fund. SIDBI (Small Industries Development Bank of India) is the principal financial institution engaged in the promotion, financing and development of Micro, Small [...]
SC upholds validity of Maharashtra law, says attachment proceedings against firm valid
New Delhi, Apr 21 (PTI) The Supreme Court on Friday upheld the constitutional validity of the Maharashtra Protection of Interest of Depositors (in Financial Establishments) (MPID) Act of 1999 enacted to protect the public from the increasing menace of financial establishments grabbing money from the public in the form of deposits.A bench of Justices DY [...]
Nestlé India to accelerate its sustainability journey, would engage with dairy farmers
New Delhi, Apr 22 (PTI) FMCG major Nestle India on Friday said it will accelerate its sustainability journey through various commitments to tackle climate change in its operations related to packaging, sourcing and use of water. The company has already reduced the usage of energy by around 43 per cent, water by around 52 per [...]
NEWSALERT
Future Retail creditors vote against the group's Rs 24,713 crore deal with Reliance Retail. PTI KRH MR
China to help Sri Lanka to meet crucial needs of people: PM Rajapaksa
Colombo/Beijing, Apr 22 (PTI) Sri Lankan Prime Minister Mahinda Rajapaksa on Friday said he had a "very productive" conversation with his Chinese counterpart Li Keqiang and thanked him for assuring support to his government to address some of the crucial needs affecting peoples' livelihoods and well-being, amidst the worst economic crisis in the island nation. [...]
Brinton Pharmaceuticals plans to invest GBP 30 mn in product pipeline
New Delhi, Apr 22 (PTI) Brinton Pharmaceuticals on Friday said it plans to invest 30 million pounds (around Rs 295 crore) over the next five years to strengthen its product pipelines, create 300 highly skilled jobs and develop innovative products for its global consumers. The company, which has a strong presence in India and globally [...]
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India, which is the fastest-growing large economy in the world. The finance minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect Raj [...]
RBI imposes Rs 36 lakh fine on Central Bank of India for violating customer protection norms
Mumbai, Apr 22 (PTI) Reserve Bank on Friday said it has imposed a fine of Rs 36 lakh on public sector lender Central Bank of India for violating norms on customer protection. The Reserve Bank of India (RBI), by an order dated April 18, 2022, has imposed a monetary penalty of Rs 36 lakh on [...]
Draft battery swapping policy step in right direction for addressing range anxiety issues: Icra
Mumbai, Apr 22 (PTI) The draft battery swapping policy, under which all metropolitan cities with a population of above 4 million will be prioritised for battery swapping network under the first phase, is a step in the right direction for addressing range anxiety issues, Icra Research said on Friday. The draft policy, released by government [...]
Leads Connect to map flood prone areas in West Bengal
New Delhi, Apr 22 (PTI) Agri-tech firm Leads Connect Services on Friday said it has bagged a project from the West Bengal government for the assessment and demarcation of flood prone areas in 23 districts using modern technology. The Noida-based company, in a statement, said the contract value is about Rs 24.78 lakh. The scope [...]
REC, JPDCL tie up with J-PAL South Asia to study impact of smart meters in Jammu
New Delhi, Apr 22 (PTI) State-run REC Ltd and Jammu Power Distribution Corporation Ltd have tied up with J-PAL South Asia to test the impact of smart meters on improving consumer payments and electricity delivery in Jammu. REC Ltd, JPDCL and J-PAL South Asia will collaborate to leverage existing administrative data for exploring ways to [...]
2G scam case: HC rejects appeal against dismissal of petitions challenging the legality of CBI’s appeal
The Delhi High Court Friday rejected appeals against the dismissal of petitions challenging the legality of CBI's appeal against the trial court verdict in the 2G scam case in which former telecom minister A Raja and others were acquitted. A bench of Acting Chief Justice Vipin Sanghi and Justice Navin Chawla, while dealing with appeals [...]
Business confidence improved in Q4 of FY22, says NCAER survey
New Delhi, Apr 22 (PTI) Business confidence index improved in the January-March period of this year and would remain buoyant in the coming months, a survey by economic think-tank NCAER said on Friday. The Business Confidence Index (BCI) increased for the third consecutive quarter by 14.9 per cent on a quarter-on-quarter basis from 124.4 points [...]
FIIs increased their stake in these companies – Are you holding any of these stocks?
FIIs impact the Indian Stock markets in a considerable manner. When FIIs invest in the stock markets, the share price of the companies increases and vice versa. These investors account for a huge chunk of liquidity in the stock market. Here is a list of five companies in which FIIs have increased their shareholding in [...]
Tata Motors hands over 101 EVs to customers in TN
Chennai, Apr 22 (PTI) Auto major Tata Motors on Friday gave away 101 electric vehicles to customers, hitting the milestone of the highest delivery made on a single day in Tamil Nadu. The deliveries comprised 70 units of Nexon SUVs and 31 Tigor sedans at an event held through Srilakshmi Auto Enterprises in Chennai. "It [...]
100 Pipers ‘Play for a Cause’ Pledges to Plant 1 Million Trees and Launches India’s First Goodness-themed NFT
New Delhi, Delhi, India (NewsVoir) • Mega-campaign announced on 22nd April 2022 in support of Earth Day • Cause partner AROH Foundation to help 100 Pipers plant 1 million trees over the course of 1 year • Renowned bands like Twin Strings, When Chai Met Toast, Nalayak&Threeory have come on-board for the music gigs across [...]
Tech Mahindra to create 1,000 jobs in UK
New Delhi, Apr 22 (PTI) IT firm Tech Mahindra on Friday said it plans to create new revenue streams and add 1,000 jobs in the UK.The tech giant will collaborate with a leading academia and research institute in the UK to co-innovate at Tech Mahindra's Makers Lab in Milton Keynes, it said in a statement. [...]
Toray Industries Hosts Toray Forum India 2022 to Put Spotlight on Sustainability Challenges Around Clean Air
Delhi, India (NewsVoir) • The 2nd edition of Toray Forum India was graced by Minister KunihikoKawazu Deputy Chief of Mission Embassy of Japan to India and Ms.TanushreeGanguly, Lead - Air Quality Program, CEEW. • The Toray Forum witnessed distinguished subject experts sharing profound, evidence-based insights on the theme Sustainability - Clean Air. • Air pollution [...]
China to help Sri Lanka to meet crucial needs of people: PM Rajapaksa
Colombo, Apr 22 (PTI) Sri Lankan Prime Minister Mahinda Rajapaksa on Friday said he had a "very productive" conversation with his Chinese counterpart Li Keqiang and thanked him for assuring support to his government to address some of the crucial needs affecting peoples' livelihoods and well-being, amidst the worst economic crisis in the island nation. [...]
RBI needs to tailor its actions in tune with dynamic global situation: Governor Das
Mumbai, Apr 22 (PTI) Reserve Bank will have to constantly re-assess the "dynamic and fast changing situation" and tailor its actions accordingly, Governor Shaktikanta Das said during the recent meeting of the Monetary Policy Committee (MPC) which decided to maintain status quo on key interest rate. According to the minutes of the six-member MPC meet [...]
Firstsource Committed to Create Jobs, Expand Operations and Investment Across the UK
Mumbai, Maharashtra, India & London, United Kingdom – Business Wire India Firstsource Solutions Limited (NSE: FSL, BSE:532809), a global provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, today reiterated its commitment to growing operations across the UK. Firstsource will invest to create around 1,000 new jobs over the next 12 [...]
BoB slashes home loan interest rate to 6.5% for limited period
Mumbai, Apr 22 (PTI) State-owned Bank of Baroda on Friday said it has reduced interest rate on home loans to 6.50 per cent per annum from 6.75 per annum for a limited period. The new rates, which are linked to the borrower's credit profile, are applicable till June 30, 2022, the bank said in a [...]
Bira 91 Targets to be India’s First Net Zero Beer Company by 2025
Unveils ‘Mission To Zero’ on Earth Day 2022, the path to Net Zero carbon emissions and brewing the greenest beers on the planet New Delhi, Delhi, India (NewsVoir) Bira 91, India’s fastest-growing beer brand, on the occasion of Earth Day 2022, announced ‘Mission To Zero’, its ambition to become India’s first Net Zero beer company [...]
22,500 kg of plastic diverted from the ocean by Kimberly-Clark India to build sustainable homes
Advances efforts in plastic waste collection and recycling MUMBAI, India, April 22, 2022 /PRNewswire/ -- This Earth Day, Kimberly-Clark India in partnership with the Plastics for Change Foundation, celebrates the successful conclusion of 'Project घर'. An initiative launched in 2021 to address the mounting challenge of plastic waste by collecting and recycling 22.5 metric tons [...]
BULLION CLOSING RATE
BULLION CLOSING RATE MUMBAI, APRIL 22 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 67,184.00 66,685.00 STANDARD GOLD (99.5) : 52,610.00 52,264.00 PURE GOLD (99.9) : 52,821.00 52,474.00 -------------------- PTI MUM SSBSSB SSB
Don’t believe RBI behind the curve in terms of rates: Keki Mistry
Mumbai, Apr 22 (PTI) Reserve Bank of India is not 'behind the curve' in terms of interest rates and may raise the repo rate twice or thrice this year, HDFC Vice-Chairman and Chief Executive Officer Keki Mistry said on Friday. Mistry said it is important for the country to maintain growth in the economy as [...]
Sensex tumbles 715 pts as bears return after 2-day rally; logs weekly losses
Mumbai, Apr 22 (PTI) Equity markets buckled under selling pressure on Friday after a two-session rally as selling emerged in IT, bank and energy stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve. A sharp drop in the rupee and unabated foreign fund outflows added to the gloom, analysts said. [...]
Go First gets AAI nod for night parking at Jammu, Srinagar airports
Srinagar, Apr 22 (PTI) Private airliner Go First, formerly known as GoAir, has become the first airline to receive approval from the Airports Authority of India for night parking at Srinagar as well as Jammu airports, officials said on Friday. Lieutenant Governor Manoj Sinha launched the night parking facility at the airports on Thursday. This [...]
Tata Chemicals subsidiary Rallis India stock tumbles over 10% after Q4 earnings
Shares of agrochemicals firm Rallis India on Friday tumbled over 10 per cent after it reported a consolidated loss of Rs 14 crore for the March quarter of 2021-22. The stock tanked 9.69 per cent to settle at Rs 253.85 on the BSE. During the day, it tumbled 10.28 per cent to Rs 252.20. At [...]
SFC Energy, FC TecNrgy to manufacture hydrogen and methanol fuel cells in India
New Delhi, Apr 22 (PTI) German firm SFC Energy and FC TecNrgy have inked a pact to enter into manufacturing of hydrogen and methanol fuel cells in India. The venture plans to set up a manufacturing unit, Research & Development and a repair centre in Gurugram, Haryana, a statement said. Further, they have also announced [...]
PNB invites applications for 145 specialist officers
New Delhi, Apr 22 (PTI) Public sector lender Punjab National Bank (PNB) on Friday said it has invited applications from eligible candidates to fill 145 posts of specialist officers. Of these, 100 vacancies are for the post of manager (credit), 40 for manager (risk) and the rest five for the post of senior manager (treasury). [...]
Indian patient operated at Sakra World Hospital, Bengaluru sets the new GUINNESS WORLD RECORDS™ title for the most fibroids removed
Dr Shanthala Thuppanna and her team removed 236 Fibroids weighing over 2250 grams from the patient Bengaluru, April 22, 2022: A 34-year-old journalist and former TV anchor, Ritika Sharma hailing from Bengaluru, officially set a new Guinness World Records title for the most fibroids removed Ritika, also an aspiring author, had 236 fibroids removed from [...]
SKF India Showcases Innovative Solutions for Wind Energy Segment at Windergy’22
Wide range of products and solutions to help wind turbines equipment manufacturers & aftermarket service providers reduce cost per MWh, raise performance, and increase reliability New Delhi, Delhi, India (NewsVoir) SKF-a leading global manufacturer of bearings, sealing solutions, lubrication management, condition monitoring systems, and services, will showcase its extensive range of products and solutions for [...]
India extends duration of USD 400 mn currency swap facility with Sri Lanka
Colombo, Apr 22 (PTI) In an “unstinted and multi-faceted support” to Sri Lanka which is grappling with its worst-ever economic crisis, India has extended the duration of the USD 400 million currency swap facility which had been concluded with the island nation in January. This was the first extension of an international debt instrument to [...]
HCL Tech stock settles flat after Q4 earnings
New Delhi, Apr 22 (PTI) Shares of HCL Technologies on Friday settled on a flat note amid profit-taking at the counter.In early trade, it had jumped over 3 per cent, a day after the company reported a three-fold jump in consolidated net profit for the fourth quarter ended March 2022.The stock gained 3.21 per cent [...]
ICRA revises outlook for residential real estate to stable for FY23
New Delhi, Apr 22 (PTI) Credit rating agency ICRA on Friday said it has revised the outlook for residential real estate for the current fiscal to stable from negative on an improved demand. The revision in the outlook has been "supported by multi-year high sales which in turn is driven by increasing preference for home ownership, [...]
OILSEEDS PRICES
APRIL 22, 2022 MUMBAI, (PTI) DEOILED CAKES (per M.T.) G.N.Extr.45% 39000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed - Rice Bran Extr. - Sunflower Extr. 28000.00 Rapeseed Extr. - Soyameal 48% 61826.00 Castor Extr. 9950.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 8150.00 Gr. Bolds 60/70 8750.00 Gr. Javas 60/70 9850.00 [...]
Mahindra Electric to deliver over 500 e-autorickshaws under RAAHI project
Mumbai, Apr 22 (PTI) Mahindra Electric Mobility on Friday said it will deliver over 500 Treo electric autorickshaws in the next few months for sustainable last-mile mobility in 12 cities. As part of this effort, the company said it handed over the first e-auto to a beneficiary in Amritsar on Friday. The company is one [...]
Hop Electric looks to expand retail footprint to over 300 cities this year
Mumbai, Apr 22 (PTI) Electric vehicle (EV) maker Hop Electric on Friday said it is looking to expand its retail footprint to more than 300 cities by the end of the year. The Jaipur-based firm had entered the EV space last June and has over 100 retail stores already in place in a span of [...]
BLive launches first multi-brand EV experience store in Kerala
Kochi, Apr 22 (PTI) BLive, a digital multi-brand EV experience platform, has launched its first store in Kochi, offering a wide range of sustainable mobility showcasing various brands of electric vehicles, charging solutions and expert guidance for selecting from different brands. The store also has an in-house quick-service kiosk, battery swap facilities, and EV (electric [...]
COMMODITY PRICES
SLUG : COMMODITY PRICES BCM : ESPL/ECO/COM MUMBAI, APRIL 22 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP (BERRY) 808.00 COPPER HEAVY SCRAPS 797.00 COPPER ARMATURE (CREDIT) 777.00 COPPER UTENSILS SCRAP 718.00 CC ROD 847.00 CC ROD (RECYCLED) 812.00 BRASS :- BRASS SHEET CUTTING 590.00 BRASS UTENSIL SCRAP 549.00 BRASS HONEY [...]
Boeing to fly 2 Super Hornet fighter aircraft to India for operational demonstrations
Washington, Apr 22 (PTI) US aerospace giant Boeing is planning to fly two Super Hornet fighter jets to Goa this summer for operational demonstrations before its potential buyer the Indian Navy, according to a senior company executive. Making a strong sales pitch for F/A-18 Super Hornet, vice president of Boeing's India Business Development Alain Garcia [...]
India extends duration of USD 400 mn currency swap facility with Sri Lanka
In an “unstinted and multi-faceted support” to Sri Lanka which is grappling with its worst-ever economic crisis, India has extended the duration of the USD 400 million currency swap facility which had been concluded with the island nation in January. This was the first extension of an international debt instrument to Sri Lanka after the [...]
PEPPER COPRA CLOSING RATE
Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 9600 COPRA OFFICE KOZIZODE 9300 COPRA RAJAPUR MUMBAI 19500 COPRA EDIBLE MUMBAI 13000 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1750 T.P ------------ PTI MUM SSB SSB SSB SSB
Making efforts to promote brand India at global platforms: AEPC
New Delhi, Apr 22 (PTI) Apparel Export Promotion Council (AEPC) on Friday said it is making efforts to promote brand India at various global platforms by showcasing its strength on sustainability, ethical sourcing and manufacturing, labour standards, and women employment. AEPC Chairman Narendra Goenka also said that availability of cotton, jute, silk and wool along [...]
Freo Crosses 1 Million Customers; Aims for 2 Million by Dec’22
Bangalore, Karnataka, India – Business Wire India Freo, the consumer neobank, now has more than One Million customers across its range of credit, shopping, and banking products. “The 300% plus growth in customers that we’ve seen over the last 12 months has been incredible,” said Kunal Varma, Freo’s CEO & Co-Founder, “We owe it to [...]
iServeU Secures an Investment Commitment of INR 100 Crores
Bhubaneswar, Odisha, India (NewsVoir) Highlights: • iServeU had secured approval of investment of up to INR 100 crores or approx. USD 13 million.• NiyoginFintech has now invested INR 50 crores of the first tranche in iServeU.• iServeU to create over 1500 new engineering jobs in Bhubaneshwar, Odisha in next 3 years iServeU, a leading financial [...]
Internet photography, video festival collects beauty of Tibet
LHASA, China, Apr. 22, 2022 /Xinhua-AsiaNet/-- An internet photography and video festival with works displaying the landscape and development of southwest China's Tibet Autonomous Region has been concluded in Lhasa, the regional capital. With the theme of "witnessing the great leap forward of beautiful and happy Tibet," the festival aimed at showing the region's beautiful [...]
Ashiana Housing signs pact with Rajasthan govt to invest Rs 420 cr in Bhiwadi
New Delhi, Apr 22 (PTI) Realty firm Ashiana Housing has signed an MoU with the Rajasthan government to invest Rs 420 crore for developing housing projects in Bhiwadi. The MoU (Memorandum of Understanding) was signed at an investment summit in the Alwar district of Rajasthan, the company said in a statement on Friday. "This is [...]
Internet photography, video festival collects beauty of Tibet
LHASA, China, Apr. 22, 2022 /Xinhua-AsiaNet/-- An internet photography and video festival with works displaying the landscape and development of southwest China's Tibet Autonomous Region has been concluded in Lhasa, the regional capital. With the theme of "witnessing the great leap forward of beautiful and happy Tibet," the festival aimed at showing the region's beautiful [...]
Poonawalla warns against return to business-as-usual approach
Mumbai, Apr 22 (PTI) Serum Institute of India CEO Adar Poonawalla on Friday warned against the return to the business-as-usual approach, saying we "can't afford to put a price tag on the life of a citizen" as the pandemic is not behind us yet.The chief executive defended his call for lowering the vaccination gap to [...]
WestStyleClub Hosts Cooksmiths in Association With IHCL SeleQtions
A unique culinary contest for kids and exciting Holiday shopping experience in Mumbai, Delhi & Pune Mumbai, Maharashtra, India – Business Wire India WestStyleClub - the exclusive subscription program from one of India’s leading fashion brands, Westside hosted ‘Cooksmiths’ a unique culinary contest exclusive for kids in association with IHCL SeleQtions Hotels in Mumbai on [...]
The Sheila Gopal Raheja Foundation, a division of K Raheja Realty hosts renowned author and therapist Marisa Peer for an interactive symposium
The 90 minutes session focused on helping individuals reflect and embrace their phenomenal selves MUMBAI, India, April 22, 2022 /PRNewswire/ -- Mrs. Durga Raheja, Trustee, The Sheila Gopal Raheja Foundation organized an online symposium in collaboration with the internationally awarded and acclaimed author Ms. Marisa Peer on 'How the greatest pain is caused by the [...]
GreenCell Mobility Unveils ‘NueGo’ – First Pan-India Intercity Electric Mobility Coach Brand
New Delhi, Delhi, India (NewsVoir) • 750 premium luxury AC e-Buses intercity & inter-state routes with coverage in over 75 cities • Phase 1 roll-out of 250 electric buses across 24 cities • 56,154 tons of CO2 zero tailpipe emissions avoided over lifetime of these buses GreenCell Mobility, today announced the brand name of the [...]
Guar seed futures decline amid ample supplies
New Delhi, Apr 22 (PTI) Guar seed prices on Friday declined by Rs 31 to Rs 6,369 per 10 quintals in futures trade amid increasing supplies from producing regions. On the National Commodity and Derivatives Exchange, guar seed contracts for May delivery fell by Rs 31 or 0.49 per cent to Rs 6,369 per 10 [...]
Uneecops Business Solutions Acquires India-based Salesforce Partner digiCloud
PUNE, India, April 22, 2022 /PRNewswire/ -- Uneecops Business Solutions, a leader in Business Automation Services, has announced its acquisition of digiCloud – a Salesforce Partner based in Pune, India. This acquisition further augments Uneecops' capabilities in the Salesforce area, offering clients an unparalleled CX experience. Ketan Jain, Executive Director, Uneecops said, "The acquisition of [...]
Guar gum futures ease on low demand
New Delhi, Apr 22 (PTI) Guar gum prices on Friday fell by Rs 92 to Rs 12,518 per five quintals in 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 92 or 0.73 per [...]
IRB Infrastructure Trust completes Rs 243 crore fundraising
New Delhi, Apr 22 (PTI) IRB Infrastructure Trust, the private InvIT sponsored by IRB Infrastructure Developers and Singapore-based sovereign fund GIC Affiliates, has completed total fundraising of Rs 243 crore. IRB Infrastructure Developers in a statement said that post fundraise, IRB and GIC affiliates will continue to hold 51 per cent and 49 per cent, [...]
HarperCollins Presents THE RESILIENT SOCIETY: Economics After Covid by Markus Brunnermeier
NEW DELHI, April 22, 2022 /PRNewswire/ -- Praised by Nobel laureates and other economists of global renown, The Resilient Society is a timely and topical book. It best describes how individuals, institutions and nations can successfully navigate a dynamic, globalized economy filled with unknown risks. A Financial Times Best Book of the Year Hardcover | [...]
Crude oil futures gain on spot demand
New Delhi, Apr 22 (PTI) Crude oil prices on Friday rose by Rs 13 to Rs 7,878 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for May delivery traded higher by Rs 13 or 0.17 per cent at Rs 7,878 per barrel in 4,320 [...]
Invest Smartly by Evaluating your Returns with the Bajaj Finance FD Calculator
Pune, Maharashtra, India (NewsVoir) Achieving financial stability requires proper planning and a sound investment strategy. Here, FD can offer a secure investment option where one can forecast returns accurately, which helps a lot in planning and investing for the short and long-term goals. This privilege isn’t possible with market-linked instruments as volatility affects their returns. [...]
BULLION OPENING RATE
BULLION OPENING RATE MUMBAI, APRIL 22 (PTI) MUMBAI BULLION :- OPENING SILVER SPOT (IN RS PER KILO) : 67,184.00 STANDARD GOLD (99.5) : 52,610.00 PURE GOLD (99.9) : 52,821.00 -------------------- PTI MUM SSBSSB SSB
Hero Electric joins hands with Even Cargo
New Delhi, Apr 22 (PTI) Hero Electric on Friday said it has joined hands with Even Cargo, the country's first women-only delivery platform, to strengthen the last-mile delivery segment.The collaboration envisages women to play a crucial role in accelerating electric mobility adoption and increasing penetration in low-income communities.As part of the tie-up, Hero Electric will [...]
PEPPER COPRA OPENING RATE
Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 9600 COPRA OFFICE KOZIZODE 9300 COPRA RAJAPUR MUMBAI 19500 COPRA EDIBLE MUMBAI 13000 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1750 T.P ------------ PTI MUM SSB SSB SSB SSB
SBI EXCHANGE RATE
SLUG: DIRECT EXCHANGE RATES SBI BCM – ESPL/ECO/COM MUMBAI,APRIL 22,2022 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 75.55 77.05 75.49 77.21 EUR/INR 81.33 84.11 81.26 84.27 GBP/INR 97.8 100.91 [...]
PALMONAS an international jewellery company has launched their exquisite yet intricate collection of jewellery
PALMONAS is an online jewellery brand founded on the premise that every woman wants to buy excellent jewellery for themselves without having an excuse or an occasion to love herself. The brand is a one-stop destination for dainty yet daily wear jewellery that's excellent enough to last the time and reason enough to shop for [...]
Godfrey Phillips India Recognized as Great Place to Work for 2022, 4th Year in a Row
Mumbai, Maharashtra, India – Business Wire India Godfrey Phillips India was certified as a Great Place to Work For 2022 by the Great Places to Work Institute, for the fourth year in a row. Godfrey Phillips India, which has been ranked as Top 30 Best Companies to Work For three times in the past, celebrated [...]
Sitharaman reaffirms India’s commitment to fighting money laundering, terror financing; lauds FATF
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman has reaffirmed India’s political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system. Sitharaman said this as she attended the FATF Ministerial Meeting conducted here alongside the 2022 Spring Meetings of the International [...]
RBI MONEY MARKET OPERATION
Date : Apr 22, 2022 Money Market Operations as on April 21, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 503,516.22 3.61 0.30-5.70 I. Call Money 9,234.84 3.53 2.20-3.90 II. Triparty Repo 370,501.35 3.68 3.50-3.85 III. Market Repo 123,760.03 3.41 0.30-3.95 [...]
Multibagger Stock or Wealth Destroyer? Retail investors should stay away from this stock
The shares of Elegant Floriculture and Agrotech India Ltd surged 1028.23% from ₹5.42 apiece on January 3, 2022, to ₹61.15, its 52-week high in April 2022. It was observed that the scrip would hit the upper circuit on every trading session, starting from mid-March to 8th April 2022. This made multibagger returns for investors. For [...]
Rainbow Children’s Medicare sets IPO price band at Rs 516-542 per share
Multi-speciality pediatric hospital chain Rainbow Children's Medicare Ltd on Friday said it has fixed a price band of Rs 516-542 a share for its Rs 1,581-crore initial public offering (IPO). The-three day initial share sale will be open for public subscription during April 27-29, and the bidding for anchor investors will open on April 26, [...]
Deakin University, Australia announces Vice-Chancellor’s Scholarships Program 2022: Valued up to INR 30 million for Indian students
NEW DELHI, April 22, 2022 /PRNewswire/ -- Deakin University, Australia, has announced its Vice-Chancellor's Meritorious Scholarship program 2022, which offers a 100% tuition fee waiver to four high-achieving Indian students for the full duration of their studies at the University – at either undergraduate or postgraduate level. Deakin aims to bring this opportunity to millions [...]
Udaipur-based Sah Polymers files draft papers with Sebi for IPO
New Delhi, Apr 22 (PTI) Sah Polymers Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO will be a fresh issue of 1,02,00,000 equity shares, with no offer-for-sale component, according to the draft red herring prospectus (DRHP). Proceeds from the issue will be utilised [...]
Marriott International elevates Ranju Alex as Area Vice President for South Asia region
Mumbai, Apr 22 (PTI) Global hospitality company Marriott International on Friday said it has promoted Ranju Alex as its Area Vice President for the South Asia region.Alex will take over the charge from Neeraj Govil -- who was relocated to Singapore after being appointed as Senior Vice President of Operations for the Asia Pacific (excluding [...]
Omega Seiki Mobility plans to set up world’s largest electric three-wheeler plant in Karnataka
Mumbai, Apr 22 (PTI) Faridabad-based electric vehicle maker Omega Seiki Mobility on Friday announced its plans to set up the world's largest electric three-wheeler manufacturing plant in Karnataka at an investment of USD 250 million (about Rs 1,900 crore).To be built on 250 acres of land in three phases and with a capacity to produce [...]
71% of polluting cos optimistic of achieving green goals: Survey
Mumbai, Apr 22 (PTI) About seven in ten domestic companies, mostly the polluting ones spanning ten sectors, are confident of meeting their emission reduction goals, pushed by investors as also committed by the government at the last UN summit on climate change, according to a survey. At the United Nation's 26th Conference of Parties (COP26) [...]
TVS Motor Company Announces Investment of Pound 100 Million in Norton Motorcycle
Hosur, Tamil Nadu, India (NewsVoir) • The announcement on the side lines of Mr. Boris Johnson, Prime Minister of the United Kingdom, visit to India • The investment is an extension of the TVS Motors’ commitment to offering cutting edge technology, world-class vehicles, manufacturing, sustainability & future mobility TVS Motor Company, a reputed manufacturer of [...]
Need to address challenges relating to conflict for achieving shared prosperity: Sitharaman
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman on Thursday said it was necessary to address the challenges of conflict and violence to achieve the twin role of ending extreme poverty and boosting shared prosperity."Union Finance Minister Smt. @nsitharaman attended Ministerial Dinner for Development Committee members in Washington D.C., today," the Finance Ministry said in [...]
Merck Foundation Launches the First Episode of Our Africa by Merck Foundation TV Program Which Raises Diabetes Awareness in Africa
Mumbai, Maharashtra, India & Kampala, Uganda – Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany has launched the First Episode of their first-ever TV program – ‘Our Africa by Merck Foundation’ on Saturday, 16th April 2022 on KTN, Kenya and Sunday, 17th April on NTV, Uganda. The first episode which focused [...]
FM Sitharaman meets heads of FedEx, Mastercard, others during US visit
Finance Minister Nirmala Sitharaman on Thursday met CEOs of large American firms like FedEx and Mastercard and discussed various opportunities for investment in India as the country is poised to be the fastest-growing large economy in the world. The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022. FedEx President and CEO-elect [...]
17-Year-Old Creates Platform to Support 100,000 Plus Women Affected by the Pandemic
Bangalore, Karnataka, India – Business Wire India The Covid-19 pandemic has devastated lives and livelihoods around the world. Women have especially borne the brunt of the disease’s impact. Statistics from global surveys and studies on the impact of Covid-19 demonstrated that traditional gender bias has worsened employment opportunities and economic conditions for women worldwide. According [...]
L&T Technology Services Reports 21% Growth in FY22
Mumbai, Maharashtra, India – Business Wire India • FY22 Revenue of Rs. 6,570 crore, up 21% YoY • FY22 Net profit of Rs. 957 crore, up 44% YoY L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the fourth quarter ended March 31, 2021. Highlights for [...]
Beer and spirits have more detrimental effects on the waistline and on cardiovascular disease risk than red or white wine
Des Moines (US), Apr 22 (The Conversation) Drinking beer and spirits is linked to elevated levels of visceral fat – the harmful type of fat that is associated with an increased risk of cardiovascular disease, metabolic syndrome, and other health complications.However, drinking wine shows no such association with levels of this harmful fat and may [...]
Can you truly own anything in the metaverse? A law professor explains how blockchains and NFTs don’t protect virtual property
Indiana, Apr 22 (The Conversation) In 2021, an investment firm bought 2,000 acres of real estate for about USD 4 million.Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox.By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then [...]
Adani Ports to acquire marine services firm Ocean Sparkle
New Delhi, Apr 22 (PTI) Adani Ports and Special Economic Zones (APSEZ) on Friday said its subsidiary Adani Harbour Services has entered into a definitive agreement to acquire leading third-party marine services provider Ocean Sparkle Ltd (OSL).Commenting on the development, APSEZ CEO and Whole-time Director Karan Adani said given the synergies of OSL and the Adani [...]
L&T Technology Services Awarded USD 100 Million Plus Electric Air Mobility Program from Jaunt Air Mobility
LTTS to set up Engineering R&D Centre encompassing structural design, power electronics, flight control systems, manufacturing engineering Bengaluru, Karnataka, India & Montreal, Canada & Dallas, United States – Business Wire India L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility [...]
Sitharaman reaffirms India’s commitment to fighting money laundering, terror financing; lauds FATF
Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman has reaffirmed India’s political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system. Sitharaman said this as she attended the FATF Ministerial Meeting conducted here alongside the 2022 Spring Meetings of the International [...]
Apple announces partnership for protection, conservation of mangroves in Maharashtra
New Delhi, Apr 22 (PTI) Tech titan Apple on Friday announced a partnership to protect the crucial mangrove ecosystem and the livelihoods that depend on it in Raigad district of Maharashtra, in line with its efforts to support communities around the world most impacted by climate change. Towards this, Apple awarded a grant to the [...]
Goyal invites industrialists, business houses to invest in India
New Delhi, Apr 21 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday invited both domestic and global investors, industrialists, business houses, exporters, and MSME sector to invest in India. He also said the National Industrial Corridor Development Programme (NICDC) is now at the cusp of taking off and the ministry will take it forward [...]
Govt to penalise EV companies found negligent, recall defective vehicles: Gadkari
New Delhi, Apr 21 (PTI) With increasing incidents of electric two-wheelers catching fire, Union minister Nitin Gadkari on Thursday said the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after receiving the report of an expert panel that has been formed to enquire into the matter. In a series [...]
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