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Infra stock jumps after receiving order worth ₹3 Cr from Caroa Properties
Shares of this company engaged in providing construction, maintenance, and turnaround services for a variety of industries rose over 1 percent after securing a Rs.3.7 crore order from Caroa Properties LLP Maharashtra, temporary civil works related to monsoon work. Price Movement In Wednesday’s trading session, RBM Infracon Ltd's share price reached an intraday high of [...]
Penny stock jumps 10% after reporting 188% YoY increase in revenue
During Wednesday’s trading session, the shares of this micro-cap company surged by around 10.7 percent to Rs. 13.01 on BSE, after reporting H1 FY25 results with a rise in revenue from operations by nearly 188 percent YoY. With a market cap of Rs. 9.92 crores, at 02:12 p.m., the shares of Jonjua Overseas Limited were [...]
Market leader stock with low debt trading at discount of 54% to keep in your radar
The Software Products industry in India is rapidly expanding, projected to grow from USD 43.1 billion in 2024 to USD 101.64 billion by 2030. This growth is fueled by digital transformation, cloud computing, and increasing demand for cybersecurity solutions across diverse sectors, establishing India as a global software hub. With a market capitalization of Rs [...]
Pharma stock jumps 14% after reporting 7718% QoQ increase in net profits
During Wednesday’s trading session, the shares of this micro-cap pharmaceutical company surged by around 14.2 percent to Rs. 344 on BSE, after reporting Q2 FY25 results with a rise in net profit by around 7718 percent QoQ and 69 percent YoY. With a market cap of Rs. 527.3 crores, at 01:08 p.m., the shares of [...]
Stock hits 5% upper circuit after reporting 1125% QoQ increase in net profits
Shares of this micro-cap company, which specializes in manufacturing transparent and metalized flexible packaging films, surged by 5 percent on Wednesday morning following a remarkable 1,125 percent QoQ increase in net profit and robust revenue growth in its latest quarterly results. Share Price Movement During Wednesday’s trading session, Nahar Polyfilms Ltd's share price reached an [...]
Stock in focus after company’s board of sets record date for 1:5 stock split
The shares of the infrastructure company are in focus after the company’s board of directors has fixed a record date for the purpose of a stock split in the ratio of 1:5. With a market capitalization of Rs 607.50 crore, the shares of Tara Chand Infralogistic Solutions Ltd were trading at Rs 385 per share, [...]
IT stock jumps 8% after company’s net profit increases by 388% YoY
During Wednesday’s trading session, the shares of a global IT and ITeS company surged by around 8.7 percent to Rs. 162.45 on BSE, after reporting Q2 FY25 results with a rise in net profit by around 119 percent QoQ and 388 percent YoY. With a market cap of Rs. 356.6 crores, at 12:11 p.m., the [...]
Tata Group stock jumps after plans to set up chemical plant in UK for ₹655 Cr
The shares of this chemical-based company gained 1 percent in the morning trading session after the company’s subsidiary received approval for a capital investment of Rs 655 crore to build a sodium bicarbonate plant in the UK. With a market capitalization of Rs 26,908.63 crore, the shares of Tata Chemical Ltd were trading at Rs [...]
Stock under ₹50 jumps 4% after reporting 219% YoY increase in revenue
Shares of this micro-cap company specialized in providing technology solutions surged 4 percent on Wednesday morning after the company reported a 219 percent YoY increase in revenue and strong net profit growth in its latest quarterly results. Share Price Movement During Wednesday’s trading session, Panabyte Technologies Ltd's share price reached an intra-day high of Rs.46.07 [...]
Monopoly stock jumps after company’s net profit increases by 192% YoY
During Wednesday’s trading session, the shares of Asia’s first Stock Exchange and one of India’s leading exchange groups surged by around 2.4 percent to Rs. 4,789 on NSE, after reporting Q2 FY25 results with a rise in net profit by 31 percent QoQ and 192 percent YoY. With a market cap of Rs. 62,258.2 crores, [...]
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Top Editor’s Pick
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
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 [...]
Latest Market News
Merlin launches tallest skyscraper in city’s IT hub
Kolkata, Apr 15 (PTI) City-based realtor Merlin Group has launched a Rs 200 crore skyscraper in Sector V, Salt Lake, the IT hub of the metropolis. The proposed commercial hub --The Summit will be 348 feet tall with 28 floors. It will be the tallest commercial space in Sector V. Now PS Srijan Corporate Park [...]
Nepal finance minister calls non-residents to open dollar accounts in Himalayan nation
Kathmandu, Apr 15 (PTI) The Nepal government has urged Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic crisis in the Himalayan nation. Nepal's foreign reserves have been hit by a slump in tourism during the pandemic, a problem that has also hit Sri [...]
Godrej Industries announces launch of Godrej Capital
Godrej Capital is the financial services arm of the Godrej Group and aims to build a balance sheet of ~INR 30,000 crore by 2026 The business will expand its retail operations in six new cities this financial year in addition to diversifying customer segments and launching new business lines Godrej Industries has committed to infuse [...]
Financial markets to remain close on Friday
Domestic financial markets, including stock exchanges and the forex market, will remain closed on Friday for Good Friday. Earlier the market was also closed on Thursday on the occasion of Mahavir Jayanti / Dr. Baba Saheb Ambedkar Jayanti. The market will open next Monday, 18th April 2022.
Woman who jumped off Delhi metro station succumbs to injuries
New Delhi, Apr 14 (PTI) A young woman hailing from Punjab who jumped off a 40-foot-high elevated platform of the Akshardham metro station here on Thursday morning died of injuries at a hospital, police said.As soon as she was spotted standing at the edge of platform No. 2 around 7:30 am, CISF personnel had rushed [...]
Improper training of 90 pilots: DGCA issues show-cause notices to SpiceJet, training org CSTPL
New Delhi, Apr 14 (PTI) Indian aviation regulator DGCA has issued show-cause notices to SpiceJet and training organisation CSTPL for not imparting proper training to 90 pilots on the 737 Max simulator, officials said on Thursday.Earlier this week, the Directorate General of Civil Aviation (DGCA) barred 90 SpiceJet pilots from operating Boeing 737 Max aircraft [...]
Govt launches quiz contest to build citizen awareness on schemes, initiatives
New Delhi, Apr 14 (PTI) MyGov under the Ministry of Electronics and Information Technology is organising 'Sabka Vikas Mahaquiz' series, as part of an outreach to build awareness amongst citizens about the government's various schemes and initiatives. Massive participation in the quiz series will deepen government engagement at the grassroots level, an official release said. [...]
After rain, procurement agencies asked to resume wheat purchase operations in Punjab
Chandigarh, Apr 14 (PTI) Punjab Chief Minister Bhagwant Mann on Thursday directed the state procurement agencies to ensure resumption of procurement operations within hours of stoppage of rain in many areas. An official spokesperson said the chief minister directed the officials concerned to ensure that farmers are not put to inconvenience as a result of [...]
BlackRock Real Assets-led consortium to invest Rs 4K-cr Tata Power Renewables
New Delhi, Apr 14 (PTI) Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs 4,000 crore in its subsidiary, Tata Power Renewable Energy Ltd, for over 10 per cent equity stake. Abu-Dhabi-based investment company Mubadala Investment Company (Mubadala) is also part of consortium GreenForest, Tata Power Company said [...]
States should cut VAT to give relief to consumers: Union minister Puri on rising fuel prices
Mahasamund, Apr 14 (PTI) Amid outcry over high fuel prices, Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday said the Union government has been appealing to states to cut VAT on petrol and diesel for giving relief to consumers.Puri was on a day-long visit to Mahasamund, designated as `aspirational district' under a [...]
Paytm becomes official digital payments partner for PMs’ Museum
Paytm owner One97 Communications on Thursday said it has become an official digital payments partner for the prime ministers' museum in the national capital. Prime Minister Narendra Modi on Thursday inaugurated the 'Pradhanmantri Sangrahalaya' (prime ministers' museum), which is a tribute to every prime minister in the country since independence. At the inauguration, Modi was [...]
Tata Neu to have non-group cos’ offerings as well; want to make super-app profitable: Chandra
Mumbai, Apr 14 (PTI) Tata Sons chairman N Chandrasekaran on Thursday said Tata Neu, the conglomerate's ambitious digital bet, is based on an open architecture that will permit non-group companies' offerings as well. The 'super-app' currently hosting products and services of group companies in lifestyle, travel, hospitality, grocery, financial services has witnessed 2.1 million downloads [...]
Govt wants to reduce compliance burden on pharma sector: Mandaviya
Mumbai, Apr 14 (PTI) Union Minister for Chemicals and Fertilizers Mansukh Mandaviya on Thursday said that the government wants to reduce the compliance-burden on the pharma industry for ease of doing business. Speaking as the chief guest at an Indian Drug Manufacturers' Association (IDMA) event here, Mandivya, who is also the Minister for Health and [...]
Ahmedabad airport completes runway recarpeting work ahead of schedule
Mumbai, Apr 14 (PTI) Adani Airport Holdings Ltd (AAHL), the operator of Ahmedabad international airport, on Thursday said that it has completed the recarpeting work on the 3.5-km runway in 75 days, much ahead of the scheduled time. This duration is an all-time best among brownfield runways in India, the airport operator said in a [...]
Denim major Vishal Fabrics to double exports this fiscal, add capacity
Mumbai, Apr 14 (PTI) Ahmedabad-based Vishal Fabrics, which is among the largest manufacturers of denim, is adding capacities and targeting to more than double its exports as part of its bid to cash in on the China-plus-one strategy that most global companies have adopted and become the third-largest player by FY25. Vishal Fabrics is the [...]
IFCI launches competition for entrepreneurs in SC community
New Delhi, Apr 14 (PTI) IFCI Venture Capital Funds, a subsidiary of IFCI, on Thursday launched a competition for aspiring entrepreneurs from the Scheduled Castes to encourage innovative ideas among the youth in the community. The first edition of the Ambedkar Young Entrepreneurs League 2022 (AYE League), held on the birth anniversary of B R [...]
Post-COVID, Bengal markets buzzing with new year shoppers
Kolkata, Apr 14 (PTI) After a lull in businesses for the last two years due to COVID-19, an annual stock clearance exercise by traders and jewellers before the Bengali new year brought cheer for them in West Bengal this year as people went on a post-pandemic shopping spree.The run-up to 'Poila Boisakh', the first day [...]
Govt approves 61 proposals of over Rs 19,000 cr under PLI scheme for textiles
New Delhi, Apr 14 (PTI) The government on Thursday said it has approved 61 applications of companies, including Ginni Filaments, Kimberly Clark India Pvt ltd, and Arvind Ltd, with an investment potential of over Rs 19,000 crore under the production linked incentive (PLI) scheme for textiles. Textile Secretary U P Singh said that a total [...]
BOI drags Future Retail to insolvency tribunal NCLT, suggests V K V Iyer’s name as IRP
New Delhi, Apr 14 (PTI) Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that [...]
‘Will always put Pakistan as a priority in our neighbourhood diplomacy’: China to PM Sharif
Beijing, Apr 14 (PTI) China on Thursday told Pakistan’s new Prime Minister Shehbaz Sharif that it will always put its “all-weather ally” as a priority in its neighbourhood diplomacy as it praised his commitment to promote the USD 60 billion CPEC initiative. Shehbaz met Chinese Embassy’s Charge d 'affaires Pang Chunxue in his office on [...]
Kryolan sets up first standalone store, training centre in Chennai
Chennai, Apr 14 (PTI): Global cosmetics brand Kryolan on Thursday unveiled its first standalone store and training centre here as part of stepping up its presence in the region. The store, the 10th outlet in the country, would house the Berlin-headquartered brand's beauty products. The facility would house a training centre also, a company statement [...]
Windlas Biotech Dehradun plant gets no critical observation in EU inspection
New Delhi, Apr 14 (PTI) Windlas Biotech Ltd on Thursday said it has concluded European Union good manufacturing practice inspection carried out by the National Institute of Pharmacy and Nutrition, Hungary, for its Plant-IV at Dehradun with zero critical observations. In a regulatory filing, the company, which is a pharmaceutical formulations contract development and manufacturing [...]
Import duty removal on cotton may help bring down prices: Textile Secy
New Delhi, Apr 14 (PTI) The government's decision to remove import duty on cotton is likely to help bring down prices of the commodity, Textiles Secretary U P Singh said on Thursday. The finance ministry on April 13 waived customs duty on cotton imports till September 30, a move that will benefit the textile industry [...]
Tatas super app Neu to host non-group brands as well: Chandrasekaran
Mumbai, Apr 14 (PTI) Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well. The Tatas finally launched its super app Tata Neu on April 7, after piloting it for months, but the group chairman claimed there [...]
Tech Mahindra partners with Keysight to certify 5G vendors’ gear in New Jersey lab
New Delhi, Apr 14 (PTI) Tech Mahindra on Thursday announced a collaboration with Keysight Technologies to certify 5G vendors' equipment at its O-RAN (open radio access network) lab in New Jersey, the US. Put simply, Open RAN or open radio access network architecture is industry terminology for interoperability and standardisation of radio access network elements, [...]
UK PM Boris Johnson’s India visit likely to propel free trade talks
London, Apr 14 (PTI) British Prime Minister Boris Johnson is expected to arrive in India next week, soon after the long Easter break in the UK, with a state visit that highlights a successful India-UK partnership on the agenda besides a wide-ranging schedule in New Delhi, according to highly-placed Indian government sources. The visit next [...]
Venus Remedies gets CII’s Responsible Export Organisation certification
Chandigarh, Apr 14 (PTI) Venus Remedies Ltd (VRL), a research-oriented pharmaceutical firm, on Thursday said it has received the Responsible Export Organisation (REO) Certification from the CII following a screening and assessment process. Venus Remedies is among the seven Indian companies across diverse sectors which have been granted the CII's REO certification this year, a company [...]
UK’s Financial Ombudsman Service selects TCS to drive digital transformation
New Delhi, Apr 14 (PTI) India's largest IT services company Tata Consultancy Services (TCS) on Thursday said it has been chosen as a strategic partner by UK's Financial Ombudsman Service to accelerate digital transformation. TCS will help futureproof the Ombudsman's technology capabilities with a new digital portal that would improve the experience for complainants and [...]
Inflection Point returns 190% in 13 exits in ’21, to invest in over 50 startups this yr
Mumbai, Apr 14 (PTI) Inflection Point Ventures (IPV), which is a collective of over 6,600 angel investors/HNIs and family offices, and is among the largest domestic angel investment platforms for startups, has returned 190 per cent IRR (internal rate of returns) in 2021 on the 13 exits it made in the year and is planning [...]
Honda to launch new SUV in India next year
New Delhi, Apr 14 (PTI) Japanese automaker Honda, which has a strong presence in the sedan segment, is now turning its focus on the fast-growing SUV market in the country with plans to launch an SUV model next year. The company is currently in the process of developing the model. "We are recognising the market [...]
BlackRock Real Assets-led consortium to invest Rs 4,000 cr in Tata Power Renewables
New Delhi, Apr 14 (PTI) Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs 4,000 crore in its subsidiary, Tata Power Renewable Energy Ltd, for over 10 per cent equity stake. Abu-Dhabi-based investment company Mubadala Investment Company (Mubadala) is also part of the consortium, Tata Power Company said [...]
FDI may touch USD 100 bn in 2022-23 : PHD Chamber
New Delhi, Apr 14 (PTI) India is expected to attract USD 100 billion foreign direct investment (FDI) in 2022-23 on the back of economic reforms and ease of doing business in recent years, industry chamber PHDCCI said on Thursday. It also said the current financial year is expected to attain a GDP growth of more [...]
Manan Dixit gets Champions of Change Award from the Governor of Madhya Pradesh for Excellency in Innovation
Bhopal, Madhya Pradesh, India (NewsVoir) Manan Dixit, Founder & CEO of a financial technology startup, FidyPay has been graced with the ”Champions of Change Award (Madhya Pradesh)” by the Interactive Forum on Indian Economy (IFIE), a non-profit recognized by Govt. of India, for his exemplary work in the field of Innovation. The award was presented [...]
Niti working on gaushala economy to address stray cattle issue, says its member
New Delhi, Apr 14 (PTI) Keen on improving the gaushala (cow shelter) economy, government think-tank Niti Aayog is working on a roadmap to enable commercial use of cow dung for multiple purposes, and resolve various issues connected with stray cows which often become liability for farmers, its member Ramesh Chand has said. The Aayog has [...]
SBI to hire consultant to explore biz potential in EV charging space
New Delhi, Apr 14 (PTI) Amid the government's thrust on electric vehicles (EVs), the country's largest lender SBI has decided to hire a consultant to explore the business potential of digital payments in EV charging space. As per the RFP document inviting bids from potential candidates, SBI said the consultant will be required to study [...]
L’Oréal’s Himachal plant becomes 100 pc carbon-neutral
New Delhi, Apr 14 (PTI) Cosmetic products maker L'Oréal India on Thursday said its manufacturing facility at Baddi in Himachal Pradesh has achieved 100 per cent carbon neutrality. This is in line with L'Oréal's commitment towards reaching zero carbon emission goal at all its sites worldwide by 2025, the company said in a statement. L'Oréal [...]
Careernet’s annual ‘Career Fair for Women’ to attract over 1,000 female candidates
6+ Top Employers Including Syfe, Hitachi, Sapiens, Mobelium, Lam Research, and Roche to Offer 100+ Career Opportunities Bengaluru, Karnataka, India (NewsVoir) Careernet, India’s leading talent solutions provider, is set to organise their second edition of ‘Career Fair for women’, a virtual career fair through Careernet Prism, taking place from 11 am onwards, on April 16, [...]
Bank of India moves NCLT against Future Retail, files insolvency plea
New Delhi, Apr 14 (PTI) Bank of India has moved the National Company Law Tribunal (NCLT), filing a petition to initiate insolvency proceedings against debt-ridden Future Retail Ltd. Earlier this month, Future Retail Ltd (FRL) had reported a default of Rs 5,322.32 crore to its lenders on account of the ongoing litigations with e-commerce major [...]
India’s Top Youth Fellowship ‘SBI Youth for India’ Opens Applications for 2022
New Delhi, Delhi, India (NewsVoir) The SBI Youth for India Fellowship is one of the leading rural Fellowships in the country that gives the urban youth an opportunity to provide innovative and sustainable solutions to the problems faced by rural communities. Unique by design, this 13-month program has attracted Indian youth from prestigious institutions like [...]
Air ticket bookings for summer, Good Friday weekend up 50%: EaseMyTrip
New Delhi, Apr 14 (PTI) Online travel services provider EaseMyTrip on Thursday said it has witnessed up to 50 per cent increase in advance air ticket bookings for the coming summer period and the long weekend beginning Good Friday. Driven by pent-up demand and the removal of travel restrictions across the globe, the Indian travel [...]
Chhattisgarh CM seeks GST compensation for ten more years
Raipur, Apr 14 (PTI) Chhattisgarh Chief Minister Bhupesh Baghel has written to Prime Minister Narendra Modi seeking extension of the compensation mechanism under the Goods and Services Tax (GST) regime for another ten years.In a letter written to Modi on Thursday, Baghel also said the Union government should come up with some arrangement to make [...]
Increased tax revenue mop-up keeps India on track to becoming $5 trn economy: FinMin
New Delhi, Apr 14 (PTI) The focus on capex in the recently announced Budget for the current fiscal year will boost manufacturing and tax revenue collections, thereby keeping India on track to becoming a USD 5 trillion economy, the finance ministry said on Thursday.Tax revenues in last fiscal year grew by a record 34 per [...]
Reskilling of coal mine workers must for transition towards renewable energy: Report
New Delhi, Apr 14 (PTI) The country needs a strong action plan to reskill coal mine workers in order to protect their interests while making a transition from conventional fuel to renewable energy usage, a report said on Thursday. India's power sector is one of the most diversified ones in the world. The country's thermal [...]
Elevation Capital, Sequoia Capital & Matrix Partners-backed – Mosaic Wellness announces Fellowship Program
A unique full-time annual program will allow fresh undergraduates to join and learn how to build a digital-first business in India MUMBAI, India, April 14, 2022 /PRNewswire/ -- Mosaic Wellness – India's leading health & wellness start-up running digital health clinics Man Matters and Be Bodywise, has launched the Mosaic Fellowship Program - a unique [...]
Higher, Faster Further. The New BMW F 900 XR Launched in India
Gurugram, Haryana, India – Business Wire India • Unmistakable adventure sports tourer designed for sporty long-distance performance. • Major feature upgrade - ABS Pro, DTC, Riding Modes Pro, Keyless Ride, Dynamic Engine Brake Control (MSR), Adaptive Cornering Headlights and Heated Grips. • Powerful high torque 895 cc 2-cylinder in-line BS6 engine. #BMWF900XR #NeverStopChallenging #MakeLifeARide #BMWMotorradIndia [...]
The Souled Store is Now Great Place to Work – Certified™
Created by the fans, for the fans, The Souled Store has been certified as a Great Place to Work by its 300+ team members in an anonymous survey Mumbai, Maharashtra, India (NewsVoir) The Souled Store, India’s most-loved casual wear brand - started by four pop culture enthusiasts, Vedang Patel, Harsh Lal, Aditya Sharma and RohinSamtaney, [...]
LTI unveils ServiceNow Experience Center, innovation lab in US
New Delhi, Apr 14 (PTI) Larsen and Toubro Infotech (LTI), a technology consulting and digital solutions company, has set up ServiceNow Experience Center and Innovation Lab at its recently-inaugurated engagement center in Hartford, Connecticut in the US. The Experience Center is geared to encourage enterprises to adapt to new organisational processes while harnessing full potential [...]
3.5-km runway of Ahmedabad airport re-carpeted in 75 days: Adani group
New Delhi, Apr 14 (PTI) The re-carpeting work on the 3.5-km-long runway of the Ahmedabad airport has been completed in 75 days, its operator Adani group said on Thursday. Two lakh metric tonnes of asphalt was used for re-carpeting while 40,000 cubic meters of concrete was used for the runway drainage system, it mentioned.This is [...]
NEWSALERT
Govt approves 61 proposals out of 67 received under Production Linked Incentive Scheme for textiles: Textile Secretary UP Singh. PTI RR MR MR
Bookings for extended weekend from April 8-10 highest in 2022 so far: OYO
New Delhi, Apr 14 (PTI) Travel and hospitality technology platform OYO on Thursday said it received over 3.1 lakh bookings for the last festive weekend from April 8-10, making it the highest so far in 2022 with travel optimism reaching its peak in the country. The bookings for the weekend that coincided with Navratri and [...]
TCS, CECP, PYXERA Global announce new programming for ‘Digital Empowers’ initiative
New Jersey/New Delhi, Apr 14 (PTI) IT company Tata Consultancy Services in partnership with Chief Executives for Corporate Purpose (CECP) and PYXERA Global, has announced a new slate of programmes and events for the 'Digital Empowers' initiative. 'Digital Empowers' is an initiative that brings together organisations from various sectors to explore how transformative digital innovations [...]
Pratech Brands raises USD 3 million led by Sequoia India’s Surge
New Delhi, Apr 14 (PTI) Pratech Brands on Thursday announced USD 3 million seed funding led by Sequoia India's `Surge', to build a health and wellness e-commerce platform for multiple brands. The new digital health platform 'Hyugalife' is positioning itself as one-stop destination for customers to consume educational content on wellbeing and nutrition, buy authentic [...]
Mahindra & Mahindra hikes vehicle prices by 2.5%
Mahindra & Mahindra on Thursday said it has increased prices of its entire model range by 2.5 per cent with immediate effect. This will result in an increase of Rs 10,000 to Rs 63,000 on the ex-showroom prices across the range, depending upon the model and the variant, the home-grown auto major said in a [...]
Honda unveils City e:HEV sedan; launch next month
New Delhi, Apr 14 (PTI) Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the [...]
HarperCollins Publishers is proud to announce Hymns in Blood by Nanak Singh, Translated by Navdeep Suri
NEW DELHI, April 14, 2022 /PRNewswire/ -- "Nanak Singh's deeply felt novel, written in the immediate aftermath of the Partition of 1947 carries the raw stamp of an intensely felt and lived tragedy which broke apart not only two countries but also hearts, relationships, friendships, homes and trust," said Urvashi Butalia. "Suri's translation of Singh's [...]
Snapdeal Launches Beauty Brand ‘Miyuki’ under its Power Brands Program
Miyuki offers a Korean beauty inspired makeup range New Delhi, Delhi, India (NewsVoir) Snapdeal today announced the launch of beauty brand, Miyuki on its platform. Introduced under Snapdeal’s “Power Brands” program, Miyuki offers a Korean beauty inspired makeup range. Much has been said about the rising popularity of Korean culture across the world - specifically [...]
Manav Rachna’s Alumni Book Utkrisht – ‘Icons of Manav Rachna’ Launched by Kapil Dev
Faridabad, Haryana, India (NewsVoir) • Legendary Indian Cricketer Kapil Dev was the Chief Guest • Book contains 25 transformational stories of Manav Rachna alumni ‘Either write something worth reading or do something worth writing’, goes a famous saying. The success and prestige of an educational institution are measured by the success of its graduates, as [...]
NMIMS initiated admissions for BBA and B.Com (Hons.) 2022 batch for Dhule campus
MUMBAI, India, April 14, 2022 /PRNewswire/ -- To empower the foundation of the career, SVKM's NMIMS Deemed- to-be University with a legacy of 41 years has initiated admissions for Bachelors of commerce (B.com) and Bachelors of Business Administrations (BBA) at Dhule Campus. NMIMS offers an interdisciplinary three-year graduate degree in Bachelors of commerce(B.Com) and Bachelors [...]
Back with a Bang. The New BMW F 850 GS and BMW F 850 GS Adventure Launched in India
Gurugram, Haryana, India – Business Wire India • A perfect synthesis of adventurous dynamics and supreme off-road performance. • Enhanced standard equipment – ABS Pro, DTC, Dynamic ESA, Keyless Ride, Gear Shift Assist Pro, Riding Modes Pro, Heated Grips and Cruise Control. #BMWF850GS #BMWF850GSA #MakeLifeARide #SpiritOfGS #BMWMotorradIndia The new BMW F 850 GS and the [...]
BPCL teams up with Microsoft to leverage cloud, AI technologies
New Delhi, Apr 14 (PTI) Bharat Petroleum Corporation Ltd (BPCL) and Microsoft have entered a strategic cloud partnership aimed at accelerating the firm's digital transformation and driving innovation in the oil and gas industry. According to a joint statement, the collaboration seeks to unlock the opportunities that Microsoft's cloud provides to address the unique challenges [...]
IPGA appoints Bimal Kothari as chairman
Mumbai, Apr 14 (PTI) India Pulses and Grains Association (IPGA) on Thursday announced the appointment of Bimal Kothari as the new chairman with immediate effect. Kothari takes over from Jitu Bheda, who was the IPGA chairman since 2018, the industry body said in a statement. “We have created a well-articulated outlook towards the industry while [...]
Prasol Chemicals files draft papers with Sebi; eyes up to Rs 800 cr via IPO
New Delhi, Apr 14 (PTI) Specialty chemical company Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 800 crore through an initial share-sale. The IPO comprises fresh issue of equity shares aggregating up to Rs 250 crore and an offer-for-sale (OFS) of up to [...]
Road ministry completes 1,41,190 km of NH as of March 31
New Delhi, Apr 14 (PTI) The road transport ministry has completed 1,41,190 kilometre of national highways as on March 31 this year out of the set target of 2 lakh km for 2024-25, the commerce and industry ministry said on Thursday. Similarly, the petroleum ministry has completed laying of a gas pipeline of 20,000 km [...]
Finsights.biz Launches GST ITC Reconciliation Platform for CAs and MSMEs
Mumbai, Maharashtra, India – Business Wire India Finsights.biz which is a popular Tally on Mobile application with more than 5,000 Users across India announced the launch of its new product for GST ITC Reconciliation. The product automates the reconciliation of GSTR 2A and 2B with Books of Accounts and thereby saves a lot of time [...]
World Bank reduces Pakistan’s growth forecast to 4.3%
Islamabad, Apr 14 (PTI) The World Bank has slashed Pakistan's economic growth rate forecast for the current fiscal year to 4.3 per cent, down by almost one per cent against last year, and said the last ditch energy subsidies by the outgoing government put an additional burden on budget and threaten the International Monetary Fund [...]
ITILITE raises $29 Mn in Tiger Global and Dharana Capital led Series C to accelerate digital adoption in T&E
BANGALORE, India, April 14, 2022 /PRNewswire/ -- ITILITE, India's fastest growing SaaS-based travel and expense management platform, announced its $29 Million Series C fundraise led by Tiger Global and Dharana Capital along with participation from existing investor Matrix Partners India and Tenacity Ventures. Despite adverse market conditions, ITILITE has seen 5x growth since its Series [...]
₹72 to ₹2300; This Chemical stock gave multibagger returns of 2921% in 7 years
Speciality chemicals are one of those sectors that have delivered multibagger returns in the last two years. The sector now trades at about 30 times FY24 earnings as against single-digit values a decade ago. Chemical companies continue to command a premium valuation as they may have the pricing power to offset any inflation in input [...]
Duty free import of raw cotton to push exports of value added textiles:FIEO
New Delhi, Apr 14 (PTI) The government's decision to waive customs duty on cotton imports will help boost exports of value added products of textiles, Federation of Indian Export Organisations (FIEO) President A Sakthivel said on Thursday. The move, he said, will promote exports of apparel and made-ups sectors significantly by softening the prices of [...]
Everest Group has recognized 4i Apps as an Aspirant in Oracle Cloud Applications (OCA) Services, PEAK Matrix® Assessment 2022 – Global
CHENNAI, India, April 14, 2022 /PRNewswire/ -- Everest Group has done deep-rooted research to provide detailed assessment of 15 providers featured on the Oracle Cloud Applications Services PEAK Matrix® Assessment 2022 – Global and categorize them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings. 4i Apps and the other providers were [...]
What’s happening in Sri Lanka and how did the economic crisis start?
(The Conversation) The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen. It has just defaulted on its foreign debts for the first time since its independence, and the country’s 22 million people are facing crippling 12-hour power cuts, and an extreme scarcity of food, [...]
Bihar receives Rs 817cr investment proposal for data centres
Patna, Apr 14 (PTI) Bihar has received an investment proposal of Rs 817 crore for setting up data centres across the state.Data management firm VueNow, which is planning the investment, will develop a four-tier data centre of 100 racks with Patna as the master hub. Four other centers will come up in Dharbhanga, Bhagalpur, Purnea [...]
Pernod Ricard India Foundation in partnership with the Tata Institute of Social Sciences Launches India’s 1st Academic-Corporate Fellowship Program for Transgender Persons
-The Transformation Fellowship is an opportunity for transgender youth to be in an immersive classroom followed by internships at renowned corporates and non-profit organizations, leading to potential placement opportunities - MUMBAI, India, April 13, 2022 /PRNewswire/ -- Pernod Ricard India Foundation today announced its partnership with the Tata Institute of Social Sciences (TISS), and the [...]
Financial markets to remain shut on Thursday
Mumbai, Apr 14 (PTI) Domestic financial markets, including stock exchanges and the forex market, will remain closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti. PTI ABM ABM
NPCI okays 6 crore more users for UPI payments on WhatsApp
New Delhi, Apr 13 (PTI) More WhatsApp users will now be able to make monetary transactions via UPI as the country's payment authorisation body on Wednesday approved an additional six crore users for the messaging platform."With this approval, WhatsApp will be able to expand the service to its 100 million (10 crore) users," the National [...]
Don’t shy away from taking risks early in career: Nykaa CEO Nayar at IIMA convocation
Ahmedabad, Apr 13 (PTI) Businesswoman and Nykaa founder-CEO Falguni Nayar on Wednesday advised management graduates to spend early years of their career taking the right risks and keep learning more instead of just chasing rewards.Nayar, who joined the ranks of self-made billionaire women late last year when her beauty and fashion startup Nykaa went public, [...]
BNP Paribas MF ceases to exist as mutual fund: Sebi
New Delhi, Apr 13 (PTI) BNP Paribas Mutual Fund ceases to exist as a mutual fund, capital markets regulator Sebi said on Wednesday.This comes after BNP Paribas Asset Management Company Private Limited (BNPP AMC) informed Sebi that it wants to surrender the registration granted to BNP Paribas Mutual Fund by the market regulator pursuant to [...]
Key Forex Trading Insights to Help You Make Better Decisions
Foreign exchange (Forex) trading is a diverse and potentially complex world. There are many ways to succeed and when done right the market can offer high returns, which is why it is alluring for many. However, it is also easy to lose money, especially for those who have little experience. The Tokenist estimates that there are over [...]
Allocate 28 GHz band exclusively for satellite communications: Indian Space Association
New Delhi, Apr 13 (PTI) The Indian Space Association on Wednesday pitched for the 28 GHz spectrum band to be allocated exclusively towards satellite communications for growth of the space industry, adding that doing so would also be in line with global best practices. ISpA (Indian Space Association) said it is of the considered view [...]
TISS to offer fellowship programme for transgenders
Mumbai, Apr 13 (PTI) The Tata Institute of Social Sciences (TISS) in partnership with liquor firm Pernod Ricard India and the Collective Good Foundation will launch a fellowship programme for the transgender community. Pernod Ricard India announced a partnership with TISS and the Collective Good Foundation to launch the country's first academic-corporate fellowship programme for [...]
Services exports touched all-time high at USD 250 bn in FY22: Goyal
New Delhi, Apr 13 (PTI) Commerce and Industry Minister Piyush Goyal on Wednesday said services exports touched an all-time high of around USD 250 billion (about Rs 19 lakh crore) in 2021-22. The previous highest level was USD 213 billion (about Rs 16 lakh crore) in 2019-20. "We have achieved the USD 250 billion target [...]
Just 78 out of 300 top listed cos disclosed net-zero carbon emission goals in last 3 financial years: Report
Mumbai, Apr 13 (PTI) Of the top 300 listed companies, only 78 disclosed their commitments towards achieving net-zero carbon emission status under their environmental, social, and governance provisions in the last three financial years, a report said on Wednesday. A study by Care Advisory Research and Training covered the corporate sustainability disclosures of these 300 [...]
FinMin waives customs duty on cotton imports till Sep 30
New Delhi, Apr 13 (PTI) The finance ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry and lower prices for consumers. Currently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC). The industry has [...]
NEWSALERT
Govt exempts customs duty on cotton import till Sept 30; to benefit textile industry, consumers: FinMin. PTI JD ABM ABM
Niti Aayog organises workshop on India-UN cooperation framework
New Delhi, Apr 13 (PTI) Government think-tank Niti Aayog on Wednesday said it organised a day-long national validation workshop on the upcoming India–UN Sustainable Development Cooperation Framework (UNSDCF) 2023–27. The 2023–27 cooperation framework will be signed as India completes 75 years of independence, it added. The workshop was an opportunity to [...]
Two entities sell shares worth Rs 284 crore of Mrs Bectors Food Specialities
New Delhi, Apr 13 (PTI) Two entities -- Linus and GW Crown -- on Wednesday offloaded shares of Mrs Bectors Food Specialities Ltd for an estimated Rs 284 crore through open market transactions. According to bulk deal data available with the National Stock Exchange, Linus sold 46.13 lakh shares of Mrs Bectors at an average [...]
India, EU to restart talks for trade pact in June
New Delhi, Apr 13 (PTI) India and the 27-nation European Union (EU) will restart negotiations for their long-pending free trade agreement from June, a top official said on Wednesday. Commerce Secretary BVR Subrahmanyam said the EU team would visit India for talks immediately after the ministerial meeting of the World Trade Organisation (WTO), which is [...]
Centre releases Rs 2,94,718 cr to FCI, states as food subsidy last fiscal
New Delhi, Apr 13 (PTI) The Centre has released Rs 2,94,718 crore towards food subsidy during the last fiscal to Food Corporation of India (FCI) and states, which is slightly higher than the revised budget estimates. During the financial year 2021-22, the Department of Food & Public Distribution released Rs 2,94,718 crore towards food subsidy, [...]
Union Bank of India declares IL&FS Tamil Nadu Power Company as fraud for diversion of funds
New Delhi, Apr 13 (PTI) State-owned Union Bank of India on Wednesday said it has declared IL&FS Tamil Nadu Power Company as a fraud account for diversion of funds, involving Rs 1,315 crore. "We wish to inform you that the account of IL&FS Tamil Nadu Power Company Ltd with the bank has been classified as [...]
Blue Star to double production capacity of deep freezers, sets up new unit
Chennai, Apr 13 (PTI) Air conditioning and commercial refrigeration major Blue Star Ltd has set up a new manufacturing facility at Wada in Maharashtra at a cost of Rs 130 crore doubling the production capacity of deep freezers, a top company official said on Wednesday. The facility to produce deep freezers and water coolers, was [...]
Rishi Sunak offers unreserved apology, pays ‘partygate’ fine
London, Apr 13 (PTI) UK Chancellor Rishi Sunak has offered an “unreserved apology” and paid the fine imposed on him by Scotland Yard for breaching COVID lockdown rules in June 2020, when he attended a birthday party at Downing Street for his boss – Prime Minister Boris Johnson. The Indian-origin finance minister offered the apology [...]
Axis Bank committed to addressing needs of SMEs: MD & CEO
New Delhi, Apr 13 (PTI) Axis Bank is committed to addressing the financial needs of the small and medium enterprises (SMEs) and will ensure their long-term sustainable growth, its MD and CEO said on Wednesday. The country's third largest private sector lender and India SME Forum felicitated as many as 100 businesses at an awards [...]
Madhya Pradesh all set to host auto show on April 28-30
Bhopal, Apr 13 (PTI) The Madhya Pradesh government on Wednesday said the state will organise an auto show from April 28-30. The first-ever 'Madhya Pradesh Auto Show 2022' will be held at the Super Corridor Square near Indore airport and National Automotive Test Tracks (NATRAX) in Pithampur near Bhopal. "Madhya Pradesh is all set to [...]
MediSage raises USD 7 million
New Delhi, Apr 13 (PTI) MediSage, a platform for healthcare practitioners, on Wednesday said it has raised USD 7 million (over Rs 50 crore) in its first round of institutional funding led by Bessemer Venture Partners. The round also saw the participation from other healthcare investors, including Rahul Mukim, Director of Carlyle Group, TP Devarajan, [...]
Govt working on scheme to promote natural farming: Tomar
New Delhi, Apr 13 (PTI) The Centre is working on a scheme to promote natural farming and is mulling incorporating this traditional method of cultivation in the syllabus of agri-varsities, Agriculture Minister Narendra Singh Tomar said on Wednesday. The government wants to encourage different methods of farming techniques, including natural and organic, in order to [...]
Xiaomi global VP Manu Jain appears before ED in FEMA case
Xiaomi global VP Manu Jain appears before ED in FEMA case New Delhi/Bengaluru, Apr 13 (PTI) Manu Kumar Jain, the global vice-president of Chinese mobile manufacturing company Xiaomi, on Wednesday appeared before the Enforcement Directorate in connection with alleged contravention of the foreign exchange law, officials said.The federal probe agency, according to sources, is investigating [...]
Xiaomi global VP Manu Jain appears before ED in FEMA case\n\n(Eds: updating)\n New Delhi/Be’
Xiaomi global VP Manu Jain appears before ED in FEMA case New Delhi/Bengaluru, Apr 13 (PTI) Manu Kumar Jain, the global vice-president of Chinese mobile manufacturing company Xiaomi, on Wednesday appeared before the Enforcement Directorate in connection with a probe linked to alleged contravention of the foreign exchange law, officials said.The federal probe agency, according [...]
Akums Drugs acquires new manufacturing plant in Himachal Pradesh
New Delhi, Apr 13 (PTI) Leading contract research and manufacturing firm Akums Drugs & Pharmaceuticals on Wednesday said it has acquired a manufacturing facility in Himachal Pradesh in order to ramp up its production capacity. The Delhi-based company has acquired the plant, which is one of the largest in the country, from Ankur Drugs and [...]
Samsung offers smart school programme for Navodaya Vidyalaya students
New Delhi, Apr 13 (PTI) Consumer electronics major Samsung on Wednesday said it is introducing its flagship Samsung Smart School programme at Jawahar Navodaya Vidyalaya schools across the country. The programme is being piloted at 10 JNV (Jawahar Navodaya Vidyalaya) schools benefitting 5,000 students, and many of these schools are located in remote rural districts, [...]
PE/VC investments decline 22 pc in March to USD 4.6 bn: Report
Mumbai, Apr 13 (PTI) Investments by private equity and venture capital funds (PE/VC) declined by 22 per cent in March to USD 4.6 billion spread across 107 deals, a report said on Wednesday. The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the [...]
US & India exploring possibilities for Indian shipyards maintaining, repairing American naval ships
Washington, Apr 13 (PTI) In a small but significant move, India and the US have decided to explore the possibilities of Indian shipyards not only maintaining but also repairing American navy ships. This is expected to not only further boost the India-US defence trade, but also bring additional business to the Indian shipyards. The decision [...]
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