#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Black Rock stock jumps 4% after its subsidiaries got orders worth ₹560Cr for solar modules
The shares of the second-largest solar module manufacturer gained up to 4.06 percent after the company’s subsidiary bagged multiple orders worth Rs 560 core from 2 large independent power producers (IPP) and others. Premier Energies Ltd has a market capitalization of Rs 47,727.99 crore, the shares were trading at Rs 1,058.80 per share, decreasing around [...]
Solar stock jumps 5% after receiving order worth ₹780Cr for solar PV project in Maharashtra
The shares of the solar advisory and execution services provider gained 5.4 percent after the company bagged a prestigious order with Rs 780 crore for the Solar PV Project. With a market capitalization of Rs 3,183.03 crore, the shares of Gensol Engineering Ltd were trading at Rs 840.50 per share, increasing around 3.07 percent as [...]
Stocks to Buy: 6 Stocks to buy for an upside of more than 40%
The Indian Benchmark Indices are bouncing back from recent corrections, with the Sensex currently at 80,259.38, reflecting a gain of about 223.35 points this week, while the Nifty 50 index stands at 24,438.95, rising by approximately 27.85 points. The Indian stock market appears to be recovering and poised for further growth, suggesting a positive sentiment [...]
Stocks in Focus : IRCTC, Tata Motors, and 6 others announcing results next week
During the quarterly earnings season in India, several stocks often attract attention due to their potential for significant earnings announcements, updates, or guidance that can influence their stock price. Listed below are some of the companies that you can add to your watchlist, that will announce their Q2FY25 results in the next week. ABB India [...]
Stocks with order book of up to ₹75,000 Cr to look out for
A robust order book provides a possible potential for future revenue streams. It reflects the contracts and projects that the company has secured, which can translate into predictable cash flows over time. A large order book often suggests that the company is well-positioned for growth. It indicates the company's ability to win significant contracts, which [...]
Pharma stock in which Ashish Kacholia increased his stake by 6.7% in Q2
The pharmaceutical industry in India is a global powerhouse, valued at approximately $50 billion in 2024 and projected to reach $130 billion by 2030. Home to over 3,000 companies and 10,500 manufacturing facilities, India produces 20% of the world's generic medicines and supplies 60% of global vaccines, earning the title "pharmacy of the world". With [...]
3 Vijay Kedia stocks in which FIIs increased their stake in Q2; Do you own any?
In Q2FY25, renowned investor Vijay Kedia’s portfolio stock saw a notable increase in foreign institutional investors (FIIs) stake, signaling growing confidence in the company’s potential. As of September, Vijay Kedai holds approximately Rs. 1,742 crore worth of shares across 15 companies in India. In Q2 FY25, the stock held by Vijay Kedai saw an increase [...]
4 German companies that are listed on NSE and BSE; Do you own any?
German companies have significantly influenced the Indian stock market, showcasing the strengthening economic relationship between Germany and India. This trend is evident as more German firms establish a presence in India, listing their shares and contributing to various sectors of the economy. Here are a few German Companies Listed in the Indian stock market: Siemens [...]
3 Railway stocks to hold for the next 5 years
The Indian Railways received a gross budgetary support of Rs. 2.52 lakh crore, which reflects an increase of 5 percent from the previous year. This funding is aimed at enhancing the railway infrastructure and services. The total capital expenditure (capex) for the railways was set at Rs. 2.62 lakh crore, marking an 11.1 percent rise [...]
4 Stocks in which promoters, FIIs and DIIs increased their stake in Q2
Promoters, Foreign Institutional Investors and Domestic Institutional Investors increasing their holding stake in certain companies indicate a positive outlook on the company's performance, management, and prospects, thereby leading to speculation of expected future growth and upcoming changes in the company. Listed below are some of the stocks in which Promoters, Foreign Institutional Investors and Domestic [...]
News Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
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
Ruchi Soya fixes FPO issue price at Rs 650 per share; to raise Rs 4,300cr
New Delhi, Mar 31 (PTI) Patanjali Ayurved-owned Ruchi Soya on Thursday fixed the issue price of its follow-on public offer at the upper limit of its price band at Rs 650 per equity share to raise Rs 4,300 crore. Ruchi Soya hit the capital market with its FPO on March 24 to raise Rs 4,300 [...]
Veranda Learning IPO subscribed 3.53 times on final day of offer
New Delhi, Mar 31 (PTI) The initial public offering of Veranda Learning Solutions Limited was subscribed 3.53 times on the last day of the offer on Thursday. The Rs 200-crore public offer received bids for over 4.15 crore shares against 1.17 crore shares on offer, according to the data available with the NSE. The category [...]
Banks get time till March 2023 to implement new system to replenish cash in ATMs
Mumbai, Mar 31 (PTI) The Reserve Bank of India on Thursday gave another extension till March 2023 to banks to implement its direction on use of only lockable cassettes for replenishing cash in their ATMs. Currently, most of the ATMs (Automated Teller Machines) are replenished by way of open cash top-up or by loading cash [...]
IREDA sanctions Rs 267 cr loan to BluSmart Mobility
New Delhi, Mar 31 (PTI) State-run Indian Renewable Energy Development Agency (IREDA) has sanctioned a Rs 267.67-crore loan to BluSmart Mobility for the purchase of 3,000 all-electric cars. "In a bid to promote electric vehicles in Delhi-NCR region, Indian Renewable Energy Development Agency Ltd (IREDA), the largest lender of the Renewable Energy sector in India, [...]
Mutual funds: Sebi extends deadline for compliance with certain directions to July 1
New Delhi, Mar 31 (PTI) Providing more time to fund houses, Sebi on Thursday extended the deadline for implementing certain directions for mutual funds, including those pertaining to usage of pool accounts for transactions, to July 1. In October 2021, Sebi had said that stock brokers and clearing members should not accept payment through one-time [...]
Govt to borrow Rs 8.45 lakh cr from market in Apr-Sep
New Delhi, Mar 31 (PTI) The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy, the Finance Ministry said on Thursday. Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh [...]
Tomar pitches for enhancing cashew crop production
New Delhi, Mar 31 (PTI) Agriculture minister Narendra Singh Tomar on Thursday virtually inaugurated the 'Silver Jubilee Building' of ICAR-Directorate of Cashew Research in Puttur city of the Dakshina Kannada district, Karnataka. In his inaugural address, Tomar stressed on the need to enhance the production and productivity of cashew crop by increasing the area under [...]
Retail inflation for industrial workers eases to 5.04% in Feb
New Delhi, Mar 31 (PTI) Retail inflation for industrial workers eased to 5.04 per cent in February from 5.84 per cent in January this year mainly due to lower prices of certain food items. Inflation based of the consumer price index for industrial workers (CPI-IW) was at 4.48 per cent in February 2021, a labour [...]
CNG price down by Rs 6/kg, PNG by Rs 3.50 in Mumbai following VAT cut to 3%
Mumbai, Mar 31 (PTI) The city gas utility Mahanagar Gas on Thursday announced a steep reduction in the retail price of CNG by Rs 6 per kg and piped gas by Rs 3.50 per scm, effective Friday, even as the Centre more than doubled the price of domestically-produced natural gas earlier in the day. In [...]
India’s current account deficit widens to 2.7% in December quarter
Mumbai, Mar 31 (PTI) India's current account deficit widened to USD 23 billion or 2.7 per cent of the GDP in the December quarter, the Reserve Bank said on Thursday. The health of current account, which is a key indicator of a country's external strength, has deteriorated when compared to the preceding September quarter as [...]
Solar cells import jumps to USD 3,447 mn in April-Jan; maximum shipment from China
Solar cells import rose to USD 3,447 million (around Rs 26,000 crore) during April-January 2021-22 as compared to USD 572 million in the previous financial year, Parliament was informed on Thursday. The imports were worth USD 1,684 million in 2019-20 and USD 2,160 million in 2018-19, New & Renewable Energy Minister R K Singh said [...]
Govt to prepare action plan to boost sunflower production after studying states’ views: Tomar
New Delhi, Mar 31 (PTI) The government will prepare an action plan to augment areas and production of sunflower in the country after studying suggestions of various states and experts, Agriculture Minister Narendra Singh Tomar said on Thursday. Tomar, after holding a detailed discussion with state governments and experts, said the sunflower production will be [...]
Gujarat recorded lowest GSDP growth in five years during 2020-21: CAG
Gandhinagar, Mar 31 (PTI) Gujarat recorded its lowest Gross State Domestic Product (GSDP) growth in five years in financial year 2020-21 -- when the coronavirus pandemic began -- the Comptroller and Auditor General of India (CAG) has noted in its report.This period saw lockdowns and various restrictions being imposed on account of the pandemic.The `State [...]
Adani Enterprises arm gets LoA for highway project in Maharashtra
New Delhi, Mar 31 (PTI) Adani Enterprises on Thursday said it has received a letter of award from NHAI to develop a section of National Highway 48 under the government's Bharatmala Pariyojana. In a regulatory filing, Adani Enterprises said its wholly-owned subsidiary Adani Road Transport Ltd (ARTL) recently participated in the tender invited by National [...]
DreamFolks to provide lounge services at 5 railway stations
Mumbai, Mar 31 (PTI) The IPO-bound DreamFolks has bagged contracts to provide lounge services at railway stations in New Delhi, Ahmedabad, Ernakulam, Madurai and Sealdah. Gurugram-based DreamFolks Services, which is awaiting the regulatory nod to launch its Rs 1,000-1,200-crore primary share sale, is the largest airport lounge services aggregator serving 51 of the leading airports [...]
Wiz Freight raises Rs 275 crore
New Delhi, Mar 31 (PTI) Logistics startup Wiz Freight has raised Rs 275 crore through a mix of equity and debt led by Tiger Global. The series A funding round also saw participation from Axilor Ventures, Foundamental, Arali Ventures, Stride Ventures, and Alteria Capital.The investment marks the largest series A funding in the Indian logistics [...]
Vedantu on track to be ‘IPO-ready’ in 18-24 months
Edtech startup Vedantu on Thursday said it is on track to be "IPO-ready" in 18-24 months, and is upbeat about the India market prospects that offer ample headroom for growth. With COVID-19 cases receding and offline learning modes opening up, the blazing pace of growth in online learning has sobered a bit, but the market [...]
Axis Bank shares jump over 1 pc after Citi deal
New Delhi, Mar 31 (PTI) Shares of Axis Bank gained over 1 per cent on Thursday after the company said it will acquire US-based Citi's consumer business in India for Rs 12,325 crore. The stock jumped 1.82 per cent to Rs 763.90 during the day on the BSE. It finally settled at Rs 760.65 apiece, [...]
Ruchi Soya FPO: Investors withdrew 97 lakh bids after company gave withdrawal option
Nearly 97 lakh bids were withdrawn in Ruchi Soya Industries' Rs 4,300 crore follow on public offer after markets watchdog Sebi had directed the company to give investors the option to withdraw their bids, according to sources. However, the Follow on Public Offer (FPO) is complete. In a rare move, Sebi, on March 28, had [...]
Government doubles gas price to record levels; CNG rates may go up
The government on Thursday more than doubled the price of natural gas that is used to produce electricity, make fertilisers, turned into CNG and piped to household kitchens for cooking, on the back of a spike in global energy prices. The price of gas produced from old regulated fields, such as the nation's largest gas [...]
Recap – Taking a look at Sensex milestones in 2021-22 fiscal year
Benchmark BSE Sensex soared by 9,059.36 points or 18.29 per cent to close FY2021-22 at 58,568.51. Following are the milestones achieved by Sensex in 2021-22 fiscal: *October 19: Sensex goes past 62,000-mark in intra-day trade; touches all-time high of 62,245.43 *October 14: Goes past 61,000-mark for the first time ever both in intra-day and at [...]
Bayer to set up 27 telemedicine centres in India over next two years
New Delhi, Mar 31 (PTI) Bayer, a global enterprise with core competencies in the life sciences field of healthcare and nutrition, on Thursday said it will set up 27 telemedicine centres in India over the next two years. The telemedicine centres will be set up in 12 districts across eight states in the country through [...]
Google, McKinsey & HUL are the dream recruiters as per the D2C Campus Employer Branding Survey
New Delhi, March 31: Google shines bright at the 1st spot in the category of Dream Companies 2022 among both B-School and Engineering students, according to the findings of the Dare2Compete (D2C) Campus Employer Branding Report 2022. McKinsey emerged as the runner-up, followed by HUL in 3rd place in the B-School category. Amazon won the [...]
NTPC project in Bihar affected due to sanctions on Russia
New Delhi, Mar 31 (PTI) Construction of state-run NTPC's Barh thermal power project in Bihar that has involvement of Russian entities has been affected due to various sanctions against Russia, Parliament was informed on Thursday. "In so far as Ministry of Power is concerned, NTPC’s Barh Super Thermal Power Project, Stage-I (3X660 MW), which is [...]
Infra sector output rises by 5.8% in Feb
New Delhi, Mar 31 (PTI) Production of eight infrastructure sectors expanded by 5.8 per cent in February against a contraction of 3.3 per cent in the same month last year on better show by coal, natural gas, refinery products and cement industries, according to official data released on Thursday. Production of crude oil and fertiliser [...]
Hero MotoCorp launches Destini 125 XTEC; price starting at Rs 69,900
New Delhi, Mar 31 (PTI) Two-wheeler market leader Hero MotoCorp on Thursday launched its new Hero Destini 125 'XTEC' scooter with price starting at Rs 69,900 (ex-showroom Delhi). The new scooter, powered by a 125cc engine producing a power output of 9 BHP, comes in two variants with the standard variant priced Rs 69,900 and the top end [...]
ONGC to open Vindhyan Basin in MP for gas production
New Delhi, Mar 31 (PTI) ONGC, which opened seven out of India's eight oil and gas producing basins, is on the way to open another basin, Vindhyan as it details out commercialisation of a gas discovery in Madhya Pradesh. An exploratory well in Son valley sector in Madhya Pradesh's Damoh district discovered gas, and on [...]
Convocation: Indian School of Development Management Sending off Young Leaders to the Social Sector
New Delhi, Delhi, India (NewsVoir) The Convocation for the 3rd and 4th Batch of ISDM, which was initially postponed due to COVID-19, finally took place on 27th March, 2022 at the beautiful and sprawling TERI-Gram campus in Gurgaon. The bright ethnic hues of the graduates' apparel played beautifully against the lush green backdrop of the [...]
Govt extends stock limits on edible oils, oilseeds till December
The government on Thursday extended stock limits on edible oils and oilseeds till December this year in order to check the soaring prices of the commodities due to the current global geopolitical situation. The order in this regard will come into effect from April 1, an official statement said. In October 2021, the Ministry of [...]
Investors’ wealth surges over Rs 59.75 lakh crores in FY22
Investors' wealth jumped over Rs 59.75 lakh crore in 2021-22 fiscal, helped by a largely buoyant trend in domestic stocks with benchmark index Sensex surging over 18 per cent during the period. Braving many headwinds in the latter part of the current fiscal, Sensex closed the 2021-22 financial year with a gain of 9,059.36 points [...]
Exide announces investment of Rs 6,000 crore in Karnataka
Exide Industries on Thursday announced an investment of Rs 6,000 crore in Karnataka. This is for setting up one of the largest giga factories for advanced cell chemistry technology. "Exide Industries MD & CEO, Subir Chakraborty, met with Chief Minister (Basavaraj Bommai) this morning for Rs 6,000 crore investment in a Lithium-Ion cell manufacturing giga [...]
Canara Bank pares its stake in debt resolution firm IDRCL to 5%
New Delhi, Mar 31 (PTI) Public sector lender Canara Bank on Thursday said it has reduced its stake in India Debt Resolution Company Ltd (IDRCL) to 5 per cent. The bad bank or the National Asset Reconstruction Company Ltd (NARCL) will acquire bad loans from banks to help clean up their books, while the IDRCL [...]
Direct selling industry grows 7.7% to Rs 18,067 cr in FY21: Report
New Delhi, Mar 31 (PTI) The direct selling industry grew 7.7 per cent in the pandemic impacted FY21 to cross the Rs 18,000 crore mark for the first time, according to a report.The industry's sales stood at around Rs 18,067 crore in 2020-21, which is an increase of Rs 1,291 crore over Rs 16,776 crore [...]
NBCC’s Gurugram proj: Homebuyers demand refund of money, compensation
New Delhi, Mar 31 (PTI) Aggrieved homebuyers of NBCC's Gurugram project 'Green View' project, which has been declared unsafe, on Thursday demanded refund of their money as well as compensation from the state-owned firm for the "harassment" faced by them. The homebuyers have sought refund of their investments along with a 15 per cent interest [...]
Shoolini University crosses 1,000-patent milestone
SOLAN, India, March 31, 2022 /PRNewswire/ -- Shoolini University has added another feather to its cap by crossing the landmark number of 1,000 patents filed by its researchers and students. This is a remarkable achievement considering that the record has been achieved within six years of the creation of the Intellectual Property Rights (IPR) Cell [...]
Molitics Infomedia secures USD 1.5 million in first round
Bengaluru, Mar 31 (PTI) Molitics Infomedia has raised its first round of funding worth USD 1.5 million from businessman Dinesh Pandey's Saamag Group to expand its social, political, and media application business. Molitics Infomedia said in a statement it has developed two applications -- 'Molitics' for journalists, social activists and political commentators and 'Molitics+', a [...]
Interest rates on small savings schemes unchanged for first quarter of FY23
New Delhi, Mar 31 (PTI) The government on Thursday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the first quarter of 2022-23 due to an elevated level of inflation.The interest rate has not been revised since the first quarter of 2020-21.Public Provident Fund (PPF) and National Savings Certificate (NSC) will [...]
Over 3,880 utilisation certificates of projects amounting to Rs 92,687cr not submitted by Bihar govt: CAG
Patna, Mar 31 (PTI) Over 3,880 utilisation certificates of various projects and schemes of the Bihar government totalling Rs 92,687 crore from 2019 to 2021 were not submitted till the end of FY21, according to a CAG report.The report of the Comptroller and Auditor General (CAG) of India for the financial year 2020-21 was tabled [...]
SBI-DIRECT EXC RATES
MUMBAI, MAR 31 (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 74.97 76.47 74.91 76.63 EUR/INR 83.10 85.93 83.04 86.09 GBP/INR 97.76 100.88 97.68 101.07 JPY/INR 60.91 62.92 60.86 63.04 [...]
Govt orders forensic probe in 4 fire in 2 wheelers; to take action after report, says Gadkari
New Delhi, Mar 31 (PTI) The government has taken very seriously the four incidents of fire in two-wheeler electric vehicles (EVs) in the past one week and will take appropriate action against the manufacturers after a forensic investigation, Road Transport and Highways Minister Nitin Gadkari told Lok Sabha on Thursday.He also said that as on [...]
Wipro GE Healthcare launches Rs 100 crore manufacturing plant in Bengaluru
Bengaluru, Mar 31 (PTI) Wipro GE Healthcare on Thursday announced the launch of its new manufacturing facility in Bengaluru, under the government's Production Linked Incentive (PLI) scheme. The new plant, Wipro GE Medical Device Manufacturing factory (MDM), is aligned to the national agenda of 'Atmanirbhar Bharat' and will further boost local manufacturing of medical devices [...]
NEWSALERT
Government maintains status quo on interest rate of various small savings schemes. PTI DP DP BAL BAL
Volkswagen group crosses cumulative production of 15 lakh units in India
New Delhi, Mar 31 (PTI) German auto major Volkswagen group has crossed the cumulative production milestone of 15 lakh units in India across its three brands - Skoda Volkswagen and Audi, according to Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL). SAVWIPL, which manages the Indian operations of five Volkswagen Group brands -- Skoda, Volkswagen, Audi, Porsche [...]
MUM BULLION CLOSING RATES
MUMBAI, MAR 31 (PTI) MUMBAI BULLION CLOSING RATES:- CLOSING RATES SILVER SPOT (IN RS PER KILO): 66990.00 STANDARD GOLD (99.5) : 51278.00 PURE GOLD (99.9) : 51484.00 --------------------- PTI MUM SVC SVC SVC
Centre’s fiscal deficit touched 82.7% of full year target at end of February
New Delhi, Mar 31 (PTI) The Centre's fiscal deficit at the end of February stood at 82.7 per cent of the full year budget target, mainly on account of higher expenditure, according to government data released on Thursday.In the last financial year, the fiscal deficit or gap between the expenditure and revenue was 76 per [...]
GFG Alliance takes onboard Tata Steel UK’s Chairman Sandip Biswas as Group Chief Investment Officer
New Delhi, Mar 31 (PTI) Sanjeev Gupta-led conglomerate GFG Alliance on Thursday said it has appointed Sandip Biswas -- a top industry executive working with the Tata Steel Group -- as its Group Chief Investment Officer. Biswas will join the London-based business house from April 1, at its office based out of Dubai. In his [...]
PM Modi applauds work done by NirogStreet in promoting Ayurveda healthcare on a global stage
Six years ago, the market for medicines related to Ayurveda was around Rs 22,000 crore which has risen to Rs 1, 40,000 crore as Yoga and Ayurveda are increasingly trending all over the world NEW DELHI, March 31, 2022 /PRNewswire/ -- NirogStreet, India's first and one of the world's fastest growing technology-led end-to-end Ayurveda doctor [...]
IOC subsidiary to release 6,000 MT diesel to help ease power crisis in Lanka
Colombo, Mar 31 (PTI) The Indian Oil Corporation will release 6,000 metric tonnes of diesel to Sri Lanka as it pitches in to mitigate the spike in power cuts in the island nation, which is facing an unprecedented economic and energy crisis caused due to shortage of foreign exchange, officials here said on Thursday. Power [...]
Ace Group All Set to Deliver a Series of Mega Projects before Diwali 2022
Ace Group has stayed put to fulfil its commitment to deliver on time New Delhi, Delhi, India (NewsVoir) Keeping up to its reputation of timely delivery of its projects and setting a precedent for its counterparts to follow, NCR-based realty major Ace Group has announced that it’s all set to deliver four mega projects before [...]
FLAME University Successfully Hosts a Seminar on Impactful Women in Research
Pune, Maharashtra, India – Business Wire India The School of Communications, at FLAME University, recently hosted the closing session of the International Research Seminar Series titled ’Impactful Women in Research’, which was held on 29th March 2022. The session discussed the challenges and opportunities for women researchers in academia, featuring key speakers like Prof. Jennifer [...]
OMCs’ policies hampering ethanol output: ISMA tells MPs
New Delhi, Mar 31 (PTI) The country has enough raw material to produce 1,016 crore litres of ethanol by 2025 for blending with petrol, but policies of oil marketing companies and other factors are restricting the output of the fuel additive, industry body ISMA said on Thursday. In a presentation before Members of Parliament (MPs), [...]
NEWSALERT
India's Fiscal deficit at February-end at 82.7 per cent of Revised Estimates in Budget. PTI JD DRR DRR
SKF to Highlight Futuristic and Sustainable Solutions at IME 2022
To exhibit products across bearings, maintenance, lubrication solutions, housings, and condition monitoring to maximize plant reliability and performance Kolkata, West Bengal, India (NewsVoir) At the 9th International Mining Equipment, Minerals and Metal Exhibition (IME’22), SKF India - the leading technology and solutions provider of bearings and services, will showcase its industry-leading portfolio of products and [...]
Accops now offers unique facial authentication solution for DaaS users
PUNE, India, March 31, 2022 /PRNewswire/ -- Accops Systems, an India-based global provider of integrated remote access products and solutions, has launched Accops BioAuth, a fingerprint and facial authentication solution with continuous user environment monitoring, enabling organizations to authenticate DaaS users no matter where they are working from. This unique solution will help data-sensitive businesses, [...]
ONGC share sale fully subscribed, govt to get Rs 3,000 cr next fiscal
The government's 1.5 per cent stake sale in ONGC got fully subscribed, ensuring Rs 3,000 crore to the exchequer that is to be accounted for in the next fiscal. The government is selling up to 1.5 per cent of its stake in the country's top oil and gas producer ONGC at a floor price of [...]
MUM PEPPER COPRA CLOSING RATES
MUMBAI, MAR 31 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 19700 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1750 T.P ------------------ PTI SVC SVC
Net leasing of office space in Jan-Mar jumps over two fold to 11.55 mn sq ft on improved demand
New Delhi, Mar 31 (PTI) The net office leasing in January-March 2022 jumped over two-fold to 11.55 million square feet across seven cities on better demand from corporates and co-working operators amid significant reduction in COVID-19 infections, according to real estate consultant JLL India. Net absorption of office space stood at 5.43 million square feet [...]
Wabtec Wins a Significant Predictive Maintenance Contract from Indian Railways
NEW DELHI, March 31, 2022 /PRNewswire/ -- Wabtec Corporation (NYSE: WAB) announced today it was awarded a contract from Central Organisation For Modernisation Of Workshops (COFMOW), Indian Railways for its Online Monitoring of Rolling Stock (OMRS) project. The new automated OMRS system is a part of Indian Railways' 'SMART Yard' initiative and will improve the [...]
COMMODITY PRICES
MUMBAI, MAR 31 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 800.00 COPPER HEAVY SCRAPS 788.00 COPPER ARMATURE (CREDIT) 775.00 COPPER UTENSILS SCRAP 715.00 CC ROD 843.00 BRASS :- BRASS SHEET CUTTING 575.00 BRASS UTENSIL SCRAP 541.00 BRASS HONEY 517.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 207.00 ALUMINIUM EXTRUSION SCRAP 245.00 ALUMINIUM [...]
NHAI plans cashless treatment facility on Golden Quadrilateral for road accident victims
New Delhi, Mar 31 (PTI) State-owned National Highways Authority of India (NHAI) is planning a cashless treatment facility for road accident victims on all four arms of the Golden Quadrilateral stretch, Parliament was informed on Thursday. In a written reply to the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said that the success of the scheme [...]
Celebrate the T20 Season with Junglee Rummy and Win from ₹75 Crores in the Grand Rummy Playground 4
NEW DELHI, March 31, 2022 /PRNewswire/ -- Junglee Rummy is ready to set a new benchmark in the online gaming industry with The Grand Rummy Playground 4. This latest edition offers rummy enthusiasts a wonderful opportunity to win from a whopping big prize pool of ₹75 crores and take home exciting prizes such as a [...]
OILSEEDS PRICES
MUMBAI, MAR 31 (PTI) OILS (per 10 Kgs) G.Nut Raw 1610.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1720.00 Sunflower Exp.Ref. 1800.00 Cottonseed(Refined) 1545.00 Refined Palm Oil 1440.00 Soyabean Ref. 1470.00 Imp.Soyabean Crude - Rapeseed Ref. 1510.00 Rapeseed Exp. 1580.00 Copra white 1540.00 Rice Bran 4-7% FFA - Rice Bran 1330.00 Linseed 1750.00 Castor [...]
NTPC Group’s power output up 14.6% to 360 billion units in 2021-22
New Delhi, Mar 31 (PTI) Government-owned power giant NTPC along with its joint ventures and subsidiaries clocked highest ever annual electricity generation of 360 billion units in 2021-22, registering a growth of 14.6 per cent compared to the previous year. The country's largest power producer also recorded the maximum single-day generation of 1,215.68 MU (Group) [...]
Tight coal supply, rise in import dependency to put upward pressure on power tariff: Icra
New Delhi, Mar 31 (PTI) Tight supply of coal to power plants and expected rise in import of the dry fuel amid high international prices will put upward pressure on electricity tariff, according to an Icra report. "Given the continued tight domestic coal supply position over the last six-month period, coal import dependency for the [...]
Brokers bullish on Axis bank after Citi Bank deal; Set targets with +40% upside
The share price of Axis Bank Limited increased by 1.13% on Thursday. Currently, the shares are trading at ₹758.90. In the last five days, its share price has increased by 5.54%. Axis Bank has acquired Citi Bank’s consumer business in India for ₹12,325 crores. The sale excludes the bank’s institutional client businesses in India. Axis [...]
Startup Agrostar acquires INI Farms; eyes combined turnover of over Rs 1,000 cr in next fiscal
New Delhi, Mar 31 (PTI) Agritech startup AgroStar, a farm advisory and input platform, on Thursday said it has acquired INI Farms Pvt Ltd to expand business and is targeting to grow its revenue to more than Rs 1,000 crore in the next fiscal year. Mumbai-based INI Farms Pvt Ltd is one of the leading [...]
Yatharth Hospital & Trauma Care Services files initial papers for IPO
New Delhi, Mar 31 (PTI) Yatharth Hospital & Trauma Care Services Ltd has filed preliminary papers with Sebi for an initial public offering that will include sale of fresh equity shares worth Rs 610 crore. The company operates and manages private hospitals in the Delhi-NCR region. The Initial Public Offering (IPO) consists of a fresh [...]
FinMin invites bids for FSNL privatisation
New Delhi, Mar 31 (PTI) The finance ministry on Thursday invited bids to sell the entire government stake in Ferro Scrap Nigam Ltd (FSNL).The last date to submit an Expression of Interest (EoI) is May 5."The Government of India is proposing to disinvest Ferro Scrap Nigam Limited (FSNL), a 100 per cent subsidiary of MSTC [...]
Ukraine war may result in 25% supply shortage of sunflower oil in India: Report
The ongoing war in Ukraine, which is the world's largest sunflower grower, is likely to result in at least 25 per cent or 4-6 lakh tonnes shortage of crude sunflower oil supplies in India next fiscal, according to a report. Around 70 per cent of crude sunflower oil comes to India from Ukraine and about [...]
ADB, HSBC India set up USD 100 mn partial guarantee prog for MFI sector
New Delhi, Mar 31 (PTI) Asian Development Bank (ADB) and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India. HSBC will expand its lending to microfinance institutions (MFIs) and non-bank finance companies, with ADB partially guaranteeing the [...]
NMIMS signs MoUs with four global universities
MUMBAI, India, March 31, 2022 /PRNewswire/ -- SVKM's Narsee Monjee Institute of Management Studies (NMIMS) Deemed-to-be University, announced on 24th March, 2022 that it has signed memoranda of understanding (MoUs) with four global universities to reform business and professional excellence through educational and academic exchanges across the world. These MoUs will promote educational and academic [...]
Premas Life Sciences Continues to Take Indian Research to New Avenues with its Strategic Partnerships
New Delhi, Delhi, India (NewsVoir) Premas Life Sciences (PLS) and Beckman Coulter today announced a new sales distribution agreement, appointing Premas Life Sciences as the technology and knowledge partner of Beckman Coulter Life Sciences Automated Liquid handling solutions in India. As experts in fluid transferology, Beckman Coulter Life Sciences offers a broader range of flexible, [...]
Must not allow communal exclusion in Karnataka: Kiran Mazumdar-Shaw
Bengaluru, March 31 (PTI) With Biocon chief Kiran Mazumdar-Shaw requesting him to resolve "growing religious divide" in Karnataka, Chief Minister Basavaraj Bommai on Thursday called upon all sections of society to observe restraint before going public on social issues, as they can be resolved through discussions. He said Karnataka is known for peace and progress [...]
ANSR revamps brand identity, unveils new logo
A refreshed look representing a unique, elegant, and progressive brand BENGALURU, India, March 31, 2022 /PRNewswire/ -- ANSR, the market leader in helping global organizations accelerate digital transformation and technology innovation through Global Capability Centers (GCCs), today unveiled its refreshed brand identity and the new company logo. Called the 'Future Beam,' the new logo is [...]
L&T appoints ex-Citi India head Pramit Jhaveri as director
New Delhi, Mar 31 (PTI) Larsen & Toubro Limited (L&T) has appointed former Chief Executive Officer of Citibank India Pramit Jhaveri as independent director. The board also approved the appointment of Jhaveri as an independent director of the company for a period of five years with effect from April 1, 2022, L&T said in a [...]
Over 37,000 accidents involving trucks or lorries occurred in 2019
New Delhi, Mar 31 (PTI) As many as 37,078 accidents involving trucks or lorries occurred in 2019, causing 13,532 deaths, Parliament was informed on Thursday. In a written reply to the Lok Sabha, the Minister of Road Transport and Highways Nitin Gadkari said that as many as 23,868 people were killed in road accidents in which impacting vehicles were trucks or lorries [...]
VIL board okays share allotment to 3 promoter group cos to raise Rs 4,500 cr
Vodafone Idea on Thursday said its board has approved the allotment of 338.3 crore equity shares at Rs 13.30 per scrip to three promoters group entities - Euro Pacific Securities, Prime Metals and Oriana Investments - for about Rs 4,500 crore. The telecom operator had earlier this month announced Rs 14,500 crore fundraising plans, where [...]
India supports release of oil from reserves to cool prices: Minister
New Delhi, Mar 31 (PTI) As oil prices dived on news that the US was considering record release from the reserves, India on Thursday said it supports the initiative to let out from the strategic stockpile to cool rising oil prices. Oil prices plunged on Thursday on news that the United States was considering releasing [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 31 (PTI) Guar seed prices on Thursday rose by Rs 7 to Rs 6,340 per 10 quintals in futures trade after speculators increased their positions driven by a firm trend in spot market. On the National Commodity and Derivatives Exchange, guar seed for April contracts increased by Rs 7 or 0.11 per [...]
Guar gum futures gain on spot demand
New Delhi, Mar 31 (PTI) Guar gum prices on Thursday gained Rs 50 to Rs 12,089 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for April delivery traded higher by Rs 50 or 0.41 per cent to Rs 12,089 per [...]
Women-led MSMEs in India rise 75 pc to 8.59 lakh units in FY22: Govt data
New Delhi, Mar 31 (PTI) The number of women-led micro, small and medium enterprises in India has increased substantially by over 75 per cent in FY22 to 8.59 lakh units, against 4.9 lakh units in the previous fiscal, Parliament was informed on Thursday. "While 4.9 lakh women led MSMEs registered on the portal during the [...]
Tata Motors launches Tigor EV in Nepal
New Delhi, Mar 31 (PTI) Tata Motors on Thursday said it has launched Tigor EV in Nepal. Starting today, the Tigor EV deliveries will commence across the country, the auto major said in a statement. The vehicles are now on display at showrooms and have been made available for test drives across the dealer network [...]
Crude oil futures decline on low demand
New Delhi, Mar 31 (PTI) Crude oil futures on Thursday dropped by 4.21 per cent to Rs 7,773 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for April delivery fell by Rs 342 or 4.21 per cent to Rs 7,773 per barrel with a business volume [...]
Wiz Freight raises Rs 275 cr in funding led by Tiger Global
New Delhi, Mar 31 (PTI) Supply chain startup Wiz Freight on Thursday said it has raised Rs 275 crore funding through a mix of equity and debt led by Tiger Global. Other investors -- Axilor Ventures, Foundamental, Arali Ventures, Stride Ventures and Alteria Capital also participated in the Series A funding round, the company said [...]
GFG Alliance appoints Sandip Biswas as group chief investment officer
New Delhi, Mar 31 (PTI) Sanjeev Gupta-led GFG Alliance on Thursday announced the appointment of Sandip Biswas as Group Chief Investment Officer.Biswas will join the London-based business house from Tata Steel UK, where he was the Chairman.In a statement, GFG Alliance said it has "appointed global steel industry executive Mr Sandip Biswas as Group Chief [...]
Airtel, Tech Mahindra team up for digital solutions across 5G, private networks, cloud
New Delhi, Mar 31 (PTI) Bharti Airtel and Tech Mahindra on Thursday announced a strategic partnership to jointly develop and market enterprise-grade digital solutions across 5G, private networks and cloud.Telecom operator Airtel has been undertaking 5G demonstrations and testing in India, while IT services major Tech Mahindra has developed 5G applications and platforms.Airtel and Tech [...]
Ashoka Buildcon gets LoA for NHAI highway project
New Delhi, Mar 31 (PTI) Infrastructure company Ashoka Buildcon on Thursday said it has received a letter of award (LoA) from NHAI to develop a section of National Highway 150 C on a hybrid annuity model.In 2019, the government had approved the hybrid annuity model (HAM) for building national highways (NH) to speed up the [...]
MUM BULLION OPENING RATES
MUMBAI, MAR 31 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 66581.00 STANDARD GOLD (99.5) : 51229.00 PURE GOLD (99.9) : 51435.00 -------------------- PTI MUM SVCSVC SVC
MUM PEPPER COPRA OPENING RATES
MUM PEPPER COPRA OPENING RATE MUMBAI, MAR 31 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 19700 COPRA OFFICE KOZIZODE 94000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1750 T.P ------------------ PTI SVC [...]
GAIL to buyback 5.7 crore shares for Rs 1,083 crores
GAIL (India) Ltd on Thursday said it will buyback about 5.7 crore shares for Rs 1,083 crore as it looks to use its healthy balance sheet to reward shareholders for the second time in as many years. GAIL had in 2020-21 spent Rs 1,046.35 crore on a similar share buyback. The board of directors of [...]
RBI-MONEY MARKET OPERATIONS
MUMBAI, MAR 31, (PTI) Money Market Operations as on MAR 30. (Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 453,815.35 3.37 0.01-3.70 I. Call Money 11,484.75 3.27 2.20-3.60 II. Triparty Repo 339,887.25 3.38 3.10-3.45 III. Market Repo 102,443.35 3.34 0.01-3.70 IV. Repo in [...]
Toyota Kirloskar drives in Hilux at Rs 33.99 lakh
New Delhi, Mar 31 (PTI) Toyota Kirloskar Motor (TKM) on Thursday said its iconic SUV model Hilux is priced between Rs 33.99 lakh and Rs 36.8 lakh (ex-showroom) across the country. Launched earlier this year, the Hilux is aimed to fulfil the needs of the customers seeking a lifestyle utility vehicle that is best suited [...]
Auto component industry likely to clock 8-10% growth in FY23: Report
New Delhi, Mar 31 (PTI) The Indian auto component industry is expected to clock 8-10 per cent growth in FY23, supported by the easing of supply-chain issues and commodity inflation in the second half of the year, according to rating agency Icra.For 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, [...]
ITC is trading above 249, should you buy, sell or hold?; what are analysts saying?
The shares of ITC Limited surged 19% in March, which is the highest in 16 months, even as its peers dropped on fears of margin pressure due to rising input costs. The shares are currently trading at ₹ 250.55. Many FMCG stocks such as Godrej Consumer, Nestle India, Hindustan Unilever, Marico and Dabur India were [...]
Ultraviolette acquires connected vehicle tech start-up Triloki Smart Systems
New Delhi, Mar 31 (PTI) Electric two-wheeler maker Ultraviolette on Thursday said it has acquired Triloki Smart Systems, a connected vehicle technology start-up. The acquisition of Triloki Smart Systems, a Bangalore-based technology start-up, is part of the strategy to push towards scaling up the company's automotive intelligence platform (AIP) across multiple products and geographies, Ultraviolette [...]
Bain Capital to acquire 24.98% stake in IIFL Wealth for Rs 3,679 cr
New Delhi, Mar 31 (PTI) Private equity firm Bain Capital on Thursday said it will acquire a 24.98 per cent stake in IIFL Wealth Management Limited for Rs 3,679 crore.BC Asia Investments X Limited, a subsidiary of Bain Capital, has proposed to pick up a 2.2 crore stake held by General Atlantic Singapore Fund Pte [...]
Max Life Insurance Ecommerce Channels Achieves 8x Growth Over 4 Years
New Delhi, Delhi, India (NewsVoir) Max Life Insurance Co. Ltd. (“Max Life”/“Company”), announced that its ecommerce channels have achieved 8x growth over the last four years. Currently, the Company has over 18% of its new policies being purchased through the e-commerce channels. The contribution of aggregators and online-brokers is 65%. With the insurance industry projected [...]
Compass Group India Launches Saarthi-FX, a Technological Revolution in Workplace Facility Management
Saarthi-FX offers infinite possibilities with innovative tech-first solutions. Whether it’s safe RTW, Smart Occupancy Management, Intelligent Building Management System (iBMS), or Drone enabled building Inspection & Surveillance, Saarthi-FX transforms workspaces through tech. Delhi, India – Business Wire India Compass Group India, a leading support services provider has launched Saarthi-FX, a revolutionary workplace management solution. Aligning [...]
P&G India becomes ‘plastic waste neutral’ company
New Delhi, Mar 31 (PTI) FMCG maker Procter & Gamble India on Thursday said it has become a 'plastic waste neutral' company in FY 2021-22, after having recycled 100 per cent of post-consumer plastic packaging waste. The company, which has a portfolio of power brands including Ariel, Tide, Whisper, Gillette, Oral B, head & shoulders [...]
India’s largest healthcare VC HealthQuad closes second fund, raising $162 million, led by global pharma giant MSD
• HealthQuad is the largest dedicated healthcare VC fund in India • Oversubscribed HealthQuad Fund-II will nurture innovative healthcare models in India • The fund has already invested in seven companies including Medikabazaar, THB, Impact Guru, Stanplus, Ekincare, Qure.ai and HealthifyMe NEW DELHI, March 31, 2022 /PRNewswire/ -- HealthQuad, India's leading healthcare venture capital fund, [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
