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Stocks that may benefit after PM Narendra Modi launches Ayushman Bharat Health Insurance scheme
On Tuesday, Prime Minister Narendra Modi launched health development projects worth nearly Rs 12,850 crore and extended his government’s flagship health insurance scheme, Ayushman Bharat, to all senior citizens aged 70 and above. AB PM-JAY's benefits would now be available to all senior people aged 70 and up, regardless of socioeconomic situation. Under AB PM-JAY, [...]
Defence stock hits 5% upper circuit after receiving orders worth $1.2 Mil from overseas clients
The shares of this defence company hit 5 percent upper circuit of Rs 338.20 after the company bagged prestigious work orders from overseas clients for $ 1,227,971.00. With a market capitalization of Rs 3,767.09 crore, DCX Systems Ltd's shares were trading at Rs 338.20 per share, increasing around 5 percent from the previous closing price [...]
Stock that delivered 7,00,000% in one day; Here’s everything you need to know
Indian investors are attracted to high-priced stocks like MRF Limited, Honeywell Automation Limited, and many others due to their association with strong, reputable brands, low volatility, and management's confidence. Berkshire Hathaway which is the most expensive publicly traded stock globally and MRF Limited which was India’s most expensive stock is looked after by many investors [...]
Smallcap stock jumps 8% after reporting 93% YoY increase in net profits
Small-cap pharma stock, involved in the engaged in manufacturing and export of active pharmaceutical ingredients, surged 8.5 percent following a 93.22 percent year-on-year growth in net profit for Q2 FY25. Share price variations: With a market capitalization of Rs. 4,767.00 crores, Supriya Lifescience Ltd. rose to an intraday high of Rs. 601.65 representing an 8.5 [...]
Transformer stock hits 5% upper circuit after receiving orders from Adani Group, Jindal Group & others
During Tuesday’s trading session, the shares of a prominent player in the manufacturing of transformers and reactors in India hit a 5 percent upper circuit at Rs. 881.15 on BSE, after the company secured multiple orders worth a total of Rs. 270.21 crores from Siemens, Adani, AMNS and Jindal Group. With a market cap of [...]
Bank stock jumps 8% after announcing robust Q2 results
Major private banking player, surged above 8 percent following a 10.4 percent year-on-year growth in net profit and a drop in non-performing assets in Q2 FY25. Share price variations: With a market capitalization of Rs. 48,860.84 crores, The Federal Bank Ltd. made an intraday high of Rs. 200.45 representing an 8.35 percent increase from its [...]
FMCG stock jumps 12% after company’s net profit increases by 43% QoQ
Mid-cap stock, engaged in manufacturing and selling branded packaged FMCG in the grooming and oral care businesses surged above 12 percent following a 43.4 percent year-on-year growth in net profit for Q2 FY25. Share price variations: With a market capitalization of Rs. 30,270.69 crores, Gillette India Ltd. rose to an intraday high of Rs. 9,569.50 [...]
Textile stock jumps 4% after reporting 221% increase in net profits
During Tuesday’s trading session, the shares of one of India's top casual and denim players surged nearly 4 percent to Rs. 578.5 on BSE, after reporting Q2 FY25 results with a rise in net profit by nearly 221.4 percent QoQ and 21.6 percent YoY. With a market cap of Rs. 7,648 crores, the shares of [...]
Ashish Kacholia stock jumps 17% after reporting 155% YoY increase in net profit
During Tuesday’s trading session, the shares of one of the leading R&D-driven manufacturers of Specialty Chemicals surged 17.3 percent to hit a new 52-week high at Rs. 1,890 on BSE, after reporting Q2 FY25 results with a rise in net profit by nearly 153 percent QoQ and 155 percent YoY. With a market cap of [...]
EMS stock jumps 5% after signing MoU to manufacture electronics appliances for Cellecor Gadgets
EMS stock engaged in providing manufacturing and design-focused solutions for consumer durables, lighting, mobile phones, security devices, and many others jump upto 5 percent in the day’s trade upon signing an MoU with Cellecor Gadgets to strengthen its customer base in the Washing Machine segment. Price Action With a market capitalization of Rs. 88,377 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
Public transport services impacted in Haryana as roadways employees join nationwide strike
Chandigarh, Mar 28 (PTI) Public transport services were affected in Haryana on Monday as the Roadways employees joined the two-day nationwide strike call given by a joint forum of the central trade unions to protest against the Centre's alleged wrong policies that are affecting farmers, workers and the general public.Commuters had to face a tough [...]
5 Common Credit Card Mistakes and How to Avoid Them?
Credit cards are a great way to pay for expenses and to build your credit score. However, they can cost you a lot of money as well as damage your credit score if they are used incorrectly. Here are 5 common credit card mistakes that people make and how to avoid them: Only Making Minimum [...]
MHIL: Bourses approve re-classification of Analjit Singh, family as public shareholders
New Delhi, Mar 28 (PTI) Max Healthcare Institute Ltd (MHIL) on Monday said that stock exchanges NSE and BSE have approved re-classification of Analjit Singh, his family and a group firm, as public shareholders.Singh, his family and group company Max Ventures Investment Holdings Pvt Ltd were the promoters of erstwhile Max Healthcare, which was acquired [...]
GI Outsourcing Recognized as a ‘Dream Company to Work For’ by World HRD Congress for Two Years in a Row
Mumbai, Maharashtra, India (NewsVoir) GI Outsourcing, a leading knowledge process outsourcing provider for global businesses announced, that it has been recognized as the ‘Dream Company to work for’ for two consecutive years by World HRD Congress, 2022. Alongside, Vikas Chadha, MD, GI outsourcing has been conferred upon the ‘CEO of the year’ Award. GI emerged [...]
GTPL Hathway launches GTPL Genie – A Hybrid Android TV Set Top Box with attractive subscription bundles
AHMEDABAD, India, March 28, 2022 /PRNewswire/ -- GTPL Hathway Limited (GTPL), India's leading Digital Cable TV and Broadband Service provider, today launched GTPL Genie – Hybrid Android TV Set Top Box which offers the convenience of Live TV channels and OTT Apps at an attractive bundle price starting at effective rate of ₹459 per month. [...]
Nationwide strike: Trade unions’ forum says bandh-like situation in at least 8 states
New Delhi, Mar 28 (PTI) The joint forum of central trade unions on Monday said that bandh-like situation prevailed in at least eight states due to the nationwide strike against various policies of the government. The two-day strike began on Monday. "There is a bandh-like situation in Tamil Nadu, Kerala, Puducherry, Andhra Pradesh, Telangana, Odisha, [...]
New rating assignments in investment grades instruments improve: Report
Mumbai, Mar 28 (PTI) Since June 2019 when Sebi had issued a wider set of disclosure norms for external credit rating agencies (ECRAs), new rating assignments in investment grades instruments have improved from 25.3 percent in FY19 to 60 per cent in January 2022, reflecting the improved corporate health in investment category, says a report. [...]
BULLION CLOSING RATE
MUMBAI, MARCH 28 (PTI) MUMBAI BULLION :- SILVER SPOT (IN RS PER KILO) : Rs 67,592 STANDARD GOLD (99.5) : Rs 51,484 PURE GOLD (99.9) : Rs 51,691 PTI SVC RUJ RUJ
Nationwide strike: Trade unions’ forum says bandh-like situation in at least 8 states
New Delhi, Mar 28 (PTI) The joint forum of central trade unions on Monday said that bandh-like situation prevailed in at least eight states due to the nationwide strike against various policies of the government. The two-day strike began on Monday. "There is a bandh-like situation in Tamil Nadu, Kerala, Puducherry, Andhra Pradesh, Telangana, Odisha, [...]
NEWSALERT
German energy minister says Group of Seven countries reject Russia's demand to pay for Russian energy imports in rubles, reports AP. PTI AMS AMS
Par panel flags cost escalation in Sagarmala projects, calls for speedy implementation
New Delhi, Mar 28 (PTI) Asserting that the cost under the pillar 'Port Modernisation' has shot up by Rs 20,000 crore, a parliamentary panel has underlined the need for speedy implementation of the projects under the 'Sagarmala Programme' and reiterated that the government may enumerate the precise reasons for delays and steps being taken to [...]
Estilos Announces the Launch of Worldwide Fashion E-store
Making Premium global fashion accessible New Delhi, Delhi, India (NewsVoir) Fashion brand, Estilos announces the launch of its E-stores worldwide. With a promise to make fashion accessible to all, Estilos launches a range of internationally acclaimed premium fashion with a traditional touch. The online stores are a commitment of high street fashion that offers a [...]
CCPA imposes Rs 10 lakh penalty on Sure Vision for misleading ads
New Delhi, Mar 28 (PTI) The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10 lakh on eyewear maker Sure Vision India for a misleading advertisement, which claimed its products improve eyesight naturally and eliminate eye strain, and directed it to discontinue the commercial.The CCPA, which initiated action after it received a [...]
Georgina Owens named as independent non-executive director on Ola UK board
New Delhi, Mar 28 (PTI) Mobility firm Ola on Monday said it has appointed Georgina Owens as an independent non-executive director on the Ola UK board. Currently, Owens is Chief Technology Officer at Liberis Capital, a UK-based fintech company focused on business finance for SMEs, where she focuses on supporting the company's international growth and [...]
HDFC Life Insurance Launches KlarifyLife
Mumbai, Maharashtra, India (NewsVoir) • An un-boring way to understand life insurance • An innovative awareness initiative by HDFC Life targeted at Millennials and Gen-Z HDFC Life, one of India's leading life insurers, has launched ‘KlarifyLife’, a digital education and awareness initiative, to simplify life insurance. Aimed mainly at the Millennial and Gen-Z audience base, [...]
‘JBIC prepared to finance additional $500 mn to SBI for Maruti Suzuki’s supply, value chain’
New Delhi, Mar 28 (PTI) The Japan Bank for International Cooperation (JBIC) has disbursed USD 1.5 billion to SBI to finance Maruti Suzuki's supply and value chain in the country, and it is ready to facilitate USD 500 million more, a key official of the Japan government's funding agency said. JBIC is a policy-based financial [...]
Lulu Group to invest Rs 3,500 cr in Tamil Nadu
New Delhi, Mar 28 (PTI) UAE-based retail major Lulu group on Monday announced an investment of Rs 3,500 crore in Tamil Nadu to set up shopping malls, hypermarkets and a food-logistic park.A memorandum of understanding (MoU) to this effect was signed on Monday by Pooja Kulkarni, Managing Director and CEO of Tamil Nadu Industrial Guidance [...]
Lamborghini crosses 400 cumulative sales mark
Italian luxury sports car maker Automobili Lamborghini on Monday said it has crossed the 400 cumulative sales mark in India since initiating full-scale operations in 2007. "We are pleased to announce the achievement of 400 Lamborghini in India and mark the Lamborghini Day experience with this milestone achievement along with our customers who have supported [...]
Runwal Group unveils a new tower – Manhattan at Runwal Avenue in Kanjurmarg
~Lifestyle homes offering world-class living~ Runwal Group, one of India’s leading real estate developers, announced the launch ofa newresidential tower - Manhattan, in their project Runwal Avenue located at Kanjurmarg East in Mumbai. Part of a larger overall development, the project is situated just 300 mtrs from the station. The tower will consist of 47 [...]
India not considering buying Russian oil in rupee: Minister
New Delhi, Mar 28 (PTI) India has no plans to pay in rupees for the Russian oil its public sector companies buy, Parliament was informed on Monday. India buys less than one per cent of its total oil imports from Russia. But western sanctions against Russia for its invasion of Ukraine have given way to [...]
KPIT Sparkle Announces Winners of 2022 Innovation Challenge
Pune, Maharashtra, India – Business Wire India • The eighth edition of KPIT Sparkle received more than 1300 ideas from over 15,000 students.• The 24 shortlisted teams presented prototypes of their solutions to the jury and incubation partners at the grand finale.• Team Elespa from Dr D.Y. Patil Institute of Technology, Pune, Sandip University, Nasik, [...]
BNPL to Contribute 14 percent of E-commerce Transaction Value by 2026: Market Research by Benori Knowledge
In a survey, Benori finds that 90 percent users prefer or are more likely to shop from stores, either offline or online that offer BNPL options at check-out Gurugram, Haryana, India (NewsVoir) Key Findings: • Benori’s market research and a survey with users confirms the growing popularity of BNPL as the preferred payment option when [...]
Jaishankar calls on Lankan Prez, PM; assures them of India’s continued cooperation to tide over current economic crisis
Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday called on Sri Lankan President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa and assured them of India’s continued cooperation and understanding as the island nation was facing an unprecedented economic crisis. Sri Lanka is facing an acute economic and energy crisis triggered due to [...]
India’s First Music NFTs to Be Launched by Jupiter Meta
Singer Karthik to connect with superfans in his first metaverse concert Chennai, Tamil Nadu, India – Business Wire India Jupiter Meta, India’s first fully curated NFT marketplace, announces the launch of music NFTs for the first time in the country. The unique offerings will be made available as part of a special metaverse concert featuring [...]
NH stretch to reduce Bengaluru-Mysuru NH travel time to 75 minutes; to be ready in Oct: Gadkari
New Delhi, Mar 28 (PTI) The 117-kilometre long stretch of the national highway in Karnataka that will reduce the travel time from Bengaluru to Mysuru to just 75 minutes will be completed in October, Union minister Nitin Gadkari said on Monday. Currently, it takes about 3 hours of travel time from Bengaluru to Mysuru. Th [...]
National highways must have appropriate road safety measures: Gadkari
New Delhi, Mar 28 (PTI) Union Minister of Road Transport and Highways Nitin Gadkari has asked regional officers and project directors of national highways to ensure appropriate road safety measures in ongoing projects. The first meeting of a consultative committee of members of Parliament attached to the Ministry of Road Transport & Highways was held [...]
HMA Agro files initial papers for Rs 480 crore IPO
New Delhi, Mar 28 (PTI) Frozen meat exporter HMA Agro Industries has filed preliminary papers with markets regulator Sebi for an initial share sale worth Rs 480 crore. The Initial Public Offering (IPO) will comprise fresh issue of equity shares aggregating up to Rs 150 crore and an Offer For Sale (OFS) of equity shares [...]
Coal workers join nation-wide strike; production of dry-fuel to be hit
New Delhi, Mar 28 (PTI) A large section of coal workers across India has joined the nation-wide two-day strike which is likely to affect the production and despatches of the dry fuel, HMS-affiliated Hind Khadan Mazdoor Federation said on Monday. Central trade unions have given a call for a two-day strike from Monday to protest [...]
Kalyan Jewellers appoints former CAG Vinod Rai as Chairman
New Delhi, Mar 28 (PTI) Kalyan Jewellers India Ltd on Monday appointed former CAG Vinod Rai as its Chairman and independent non-executive director. The appointment will be subject to regulatory and shareholders' approvals, the company said in a stock exchange filing. T S Kalyanaraman will continue as Managing Director on the company's board. Vinod Rai [...]
Presidency of G20, SCO, UNSC in 2022 indicators of role India would assume in global future: Foreign Secretary Harsh Vardhan Shringla
Foreign Secretary of India awards degrees to 1025 students at Chandigarh University's Annual Convocation-2021 Operation Ganga from Ukraine testimony of India's obligation for its citizens abroad; Govt committed to protect interests of Punjabi diaspora: Foreign Secretary MOHALI, India, March 28, 2022 /PRNewswire/ -- India's role in shaping the global narrative and global ideas has become [...]
ITCOT to Prepare DPR for Kings Maritech Eco Park
DPR to be ready in eight weeks Chennai, Tamil Nadu, India (NewsVoir) The Industrial Technology Consultancy Organisation Tamil Nadu (ITCOT) would prepare the detailed project report (DPR) for the Kings Maritech Eco Park promoted by Kings Infra Venture Ltd. The DPR covering the financial, ecological, technological, and social impacts of the project is expected to [...]
Air France-KLM to increase India flights from 20 per week in April to 30 in May
New Delhi, Mar 28 (PTI) The Air France-KLM Group on Monday said it will increase its regular India flights from 20 per week in April to 30 per week in May. Regular international flights resumed on Sunday after a coronavirus pandemic-induced hiatus of approximately two years. During the last two years, limited international passenger flights [...]
Govt says Rs 95.86 crore recovered from 11 cryptocurrency exchanges for GST evasion
New Delhi, Mar 28 (PTI) The government on Monday said Rs 95.86 crore has been recovered from 11 cryptocurrency exchanges for evasion of Goods and Services Tax (GST).The total amount includes penalty and interest.Zanmai Labs (WAZIRX), Coin DCX, CoinSwitch Kuber, Buy Ucoin, UnoCoin and Flitpay were among the exchanges that were involved in GST evasion [...]
Health-tech startup, Visit Health is Unlocking Retail Space Through its Cashless Network of Healthcare Centres
In a country like India struggling with a perennial lack of resources, substandard care quality, and an ever-widening resource allocation gap, primary healthcare is still in its primeval stage. Corporate health benefits and insurance only seem to cover secondary care- hospitalisation. With the entire industry moving towards secondary care, the day-to-day care of the entire [...]
Kauvery Hospital Performs Successful Pediatric Liver Transplants
Chennai, Tamil Nadu, India (NewsVoir) • Living donor Liver Transplant performed on 2 year old boy and 4 year old girl suffering from Liver Failure • The parent of both the children came forward to be donors Kauvery Hospital Chennai, a unit of Kauvery Group of Hospitals, a leading multispecialty healthcare chain in Tamil Nadu, [...]
Singapore International Foundation Launches New Virtual Volunteering Programme to Train Youths in Digital Skills for Social Impact
Over four years, DigiLABS will build a strong network of 2,400 digitally skilled youths in Asia effective in using technology for good. Mumbai, Maharashtra, India – Business Wire India The Singapore International Foundation (SIF) today launched a virtual volunteering programme called DigiLABS to ready youth in Asia for a digital economy and help drive social [...]
DBS Bank India and EaseMyTrip partner to launch an environment-friendly green debit card
• This first-ever 99% recycled PVC debit card–the digibank EaseMyTrip Green Debit Card - helps reduce carbon footprint and rewards cardholders for supporting sustainable businesses • digibank by DBS-EaseMyTrip co-branded international debit card provides exclusive benefits to customers on the EaseMyTrip website and mobile app such as 10% off up to INR 2000 on flight [...]
Philips Presents AI-Powered Imaging Solutions at IRIA 2022
Bengaluru, Karnataka, India – Business Wire India Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology showcased its state-of-the-art AI-driven enterprise imaging portfolio, which includes digital imaging platforms, advanced informatics, and a suite of services at the 74th Annual Conference of the Indian Radiological and Imaging Association (IRIA) 2022. At the conference [...]
Nationwide strike hits banking, public transport services in West Bengal, Kerala, other states
New Delhi, Mar 28 (PTI) Banking and public transport services were thrown out of gear in West Bengal and Kerala on Monday as thousands of workers began their two-day nationwide strike against various policies of the government. While essential services mostly remained unaffected, banking services in different parts of the country were partially impacted and [...]
About 5,200 cos with credit exposure of over Rs 5 cr declared as NPAs till Dec 2021: Min
New Delhi, Mar 28 (PTI) More than 5,200 companies having credit exposure of Rs 5 crore or above were categorised as non-performing assets (NPAs) or bad loans on the banks' books as of December 31, 2021, Parliament was informed on Monday.Scheduled commercial banks (SCBs) and All Indian Financial Institutions report certain credit information of all [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 28 (PTI) Guar seed prices on Monday rose by Rs 76 to Rs 6,247 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for April contracts increased by Rs 76 or 1.22 [...]
Guar gum futures gain on spot demand
New Delhi, Mar 28 (PTI) Guar gum prices on Monday gained Rs 225 to Rs 11,682 per five quintals in the 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 1.96 per cent or Rs 225 to Rs 11,682 [...]
EKI board okays 200% interim dividend of Rs 20 per share
EKI Energy Services board on Monday approved an interim dividend of two hundred per cent or Rs 20 per equity share of the face value of Rs 10 each for fiscal 2021-22. The board in its meeting held on March 28, 2022, has recommended an interim dividend of Rs 20 (i.e., 200 per cent) per [...]
Joyalukkas India files DRHP for Rs 2,300 crore IPO
New Delhi, Mar 28 (PTI) Retail jewellery chain Joyalukkas India Ltd has filed preliminary papers with Sebi to raise Rs 2,300 crore through an initial public offering. The Initial Public Offering (IPO) will comprise fresh issue of equity shares and there will be no Offer for Sale (OFS), according to the Draft Red Herring Prospectus [...]
Yatra Online files IPO papers with SEBI to raise 750 crore
Travel service provider Yatra Online Ltd on Monday said it has filed a draft prospectus with markets regulator Sebi for its initial public offering that includes a fresh issue of shares aggregating up to Rs 750 crore. Yatra also announced the appointments of Rohit Bhasin, Deepa Misra Harris and former bureaucrat Ajay Narayan Jha as [...]
Crude oil futures decline on low demand
New Delhi, Mar 28 (PTI) Crude oil futures on Monday dropped by 2.77 per cent to Rs 8,379 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for April delivery fell by Rs 239 or 2.77 per cent to Rs 8,379 per barrel with a business volume [...]
Tata Capital’s PE fund raises Rs 955 cr to be invested in pharma, healthcare sectors
Mumbai, Mar 28 (PTI) Tata Capital on Monday announced a Rs 955 crore fundraise by a private equity arm for investing in healthcare companies.The Tata Capital Healthcare Fund II (TCHF II) achieved a final closure of its fund with investor commitments of Rs 955 crore or USD 126 million, a statement by Tata Capital said. [...]
Adani Group selects Google Cloud to modernise IT operations for future scale, innovation
New Delhi, Mar 28 (PTI) Ports-to-energy conglomerate Adani Group on Monday announced a multi-year partnership with Google Cloud, as the duo teamed up to modernise Adani's IT operations for future scale and group-wide innovation.The strategic collaboration will tap each organisation's expertise across infrastructure, technology, and industry solutions to modernise Adani Group's IT operations, the companies [...]
Reserve Bank to maintain status quo at April meet: Axis Bank Chief Economist
Mumbai, Mar 28 (PTI) Heightened geopolitical uncertainties will lead the Reserve Bank's rate-setting panel to opt for a status quo at the next week's meeting, Axis Bank's chief economist Saugata Bhattacharya said on Monday. Bhattacharya said he had earlier expected a tightening action at the policy meet scheduled for April 6-8 but the increased uncertainties [...]
Jaishankar visits Lanka IOC to take stock of fuel supply situation
Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday visited Lanka IOC, the local subsidiary of India’s oil major Indian Oil Corporation here and took stock of the island nation’s fuel supply situation amidst India’s support during its current foreign exchange crisis. Sri Lanka is facing an acute economic and energy crisis triggered [...]
Majority of consumers postpone decision to buy vehicle due to COVID-19: Report
The COVID-19 pandemic has forced 80 per cent of consumers to postpone their decision to purchase a four-wheeler, while 82 per cent of respondents deferred plans to buy a two-wheeler, according to a survey by Mobility Outlook. With electric vehicles (EV) gaining traction in India, 40 per cent of two-wheeler (2W) customers are willing to [...]
Queenie Singh launches a clean beauty brand BiE in collaboration with Aesthetician Dinyar Workingboxwalla
Enter the BiEverse Mumbai, Maharashtra, India (NewsVoir) The saying goes ‘Beauty lies in the eye of the beholder’, and this certainly rings true. Taking the idea several steps further, Queenie Singh launches Beauty in Everything : BiE a clean beauty skincare range in collaboration with Skin Guru Dinyar Workingboxwalla. BiE is a line of expert [...]
Production at RINL plant affected as 8,000 workers join nationwide strike
New Delhi, Mar 28 (PTI) Around 8,000 workers of Rashtriya Ispat Nigam Ltd (RINL) did not report for work on Monday, affecting production at the company's 7.5 million tonnes-steel plant in Visakhapatnam, Andhra Pradesh. There are around 11,000 non-executive workers at the plant and out of them, about 75 per cent did not come for [...]
Jio launches Rs 259 ‘calendar month validity’ prepaid plan
New Delhi, Mar 28 (PTI) India's largest telecom operator Reliance Jio has launched Rs 259 plan that comes with calendar month validity to help prepaid users remember just one recharge date every month.Jio is the first in the industry to launch the 'calendar month validity' prepaid plan.As per information on Jio's website, Rs 259 plan [...]
Tata AIA Life expects total premium income to cross Rs 14,000 cr in FY22: CEO
New Delhi, Mar 28 (PTI) Tata AIA Life Insurance's total premium income is likely to grow over 30 per cent to cross Rs 14,000 crore in the current fiscal, a top company official has said. The industry growth for the first 10 months of the year has been about 20 per cent mainly because of [...]
Byju’s, Qatar Investment Authority announce MENA region-focused edtech subsidiary in Doha
Byju's and Qatar Investment Authority have partnered to launch a new edtech business and research and development centre in Doha, a statement said on Monday. The new entity in Doha will drive research and innovation to create learning solutions customised for students in the Middle East and North Africa (MENA) region. Byju's said it has [...]
SkyDrive and Suzuki to Collaborate on Business and Technology of Flying Cars
TOYOTA and HAMAMATSU, Japan, Mar. 25, 2022 /Kyodo JBN-AsiaNet/ -- - Start Consideration of Development and Production of Flying Cars, and Market Development in India - SkyDrive Inc. (hereinafter "SkyDrive") and Suzuki Motor Corporation (hereinafter "Suzuki") jointly announced on March 22 a partnership for the commercialization of flying cars (*). SkyDrive is a leading manufacturer [...]
Public transport services impacted in Haryana as roadways employees join nationwide strike
Chandigarh, Mar 28 (PTI) Public transport services were affected in Haryana on Monday as the Roadways employees joined the two-day nationwide strike call given by a joint forum of the central trade unions to protest against the Centre's alleged wrong policies that are affecting farmers, workers and people.Commuters had to face a tough time as [...]
Conference on Forensic Studies focuses on Intersection of Criminology, Law & Psychology
Sonipat, 28 March, 2022: The second chapter of the International Symposium on Crime Studies was organized on 25-26 March, 2022 by the Centre of Criminology and Forensic Studies at Jindal Institute of Behavioural Sciences, O. P. Jindal Global University provided a unique opportunity for attendees from all backgrounds and professions to learn more about the [...]
Ashoka Innovators for the Public Identifies 14 Finalist Teen Changemakers for Annual Selection of Ashoka Young Changemakers in India
A high-level panel of thought leaders from media, academia & social entrepreneurs to evaluate the finalists Bangalore, Karnataka, India (NewsVoir) Ashoka Innovators for the Public, which supports the world’s largest network of social entrepreneurs, has shortlisted 14 teenage changemakers as finalists from different parts of the country, including rural areas and small towns, for its [...]
PVR, INOX soar up to 17% on merger; Here’s all you need to know
Shares of PVR Limited and INOX Leisure Limited surged up to 17% to reach fresh 52-week highs on Monday’s early trade after the multiplex players announced a merger on Sunday. Inox Leisure gained 17% and was trading at ₹563.60 per share on the BSE, while PVR Limited gained 7% and was trading at ₹ 2010.35 [...]
Central trade unions begin two-day nationwide strike
New Delhi, Mar 28 (PTI) Central trade unions on Monday began a two-day nationwide strike to protest against the government's alleged wrong policies that are affecting farmers, workers and people.Talking to PTI Amarjeet Kaur, General Secretary of All India Trade Union Congress (AITUC), said, "The two-day nationwide strike by the joint forum of central trade [...]
NMIMS Commences Registrations for its Flagship MBA Law Program
The course combines the learnings of law with business administration trainings MUMBAI, India, March 28, 2022 /PRNewswire/ -- SVKM's NMIMS, Deemed-to-be University, one of India's leading educational institutions with a legacy of forty-one years of academic excellence, announces registrations for a two-year full time on campus MBA (Law) program in Mumbai. The program is outlined [...]
Jaishankar meets Sri Lankan Finance Minister; discusses economic situation, India’s support
Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday met Sri Lanka’s Finance Minister Basil Rajapaksa and discussed with him the island nation’s economic situation and India’s support during its current foreign exchange crisis. Sri Lanka is facing an acute economic and energy crisis triggered due to the shortage of foreign exchange. Jaishankar [...]
Allegations made in NCLT petition downright untruthful: Max Group Chairman
New Delhi, Mar 28 (PTI) Max Group founder and Chairman Analjit Singh has on Monday refuted the allegations made against him in a petition filed with the NCLT, terming it as "downright untruthful".Singh has said he will contest these allegations in the NCLT hearing."Apart from being downright untruthful, what is even more anguishing is the [...]
Godrej Properties aims Rs 2,000 cr revenue from 33-acre housing project in Bengaluru
New Delhi, Mar 28 (PTI) Realty firm Godrej Properties Ltd on Monday said it has entered into an agreement to develop a 33-acre land parcel in Bengaluru and expects around Rs 2,000 crore revenue from this upcoming residential project.The land is located in the residential micro-market of Bannerghatta Road in South Bengaluru, Godrej Properties said [...]
On Bangladesh Day, HarperCollins India is proud to announce ‘December in Dacca: The Indian Armed Forces and the 1971 Bangladesh Liberation War’ by K.S. Nair
NEW DELHI, March 28, 2022 /PRNewswire/ -- "Nair has managed to find living tissue in the corpus of a war that has been written about to death. Superbly full of many missing treasures that make it worthy of our greatest victory's fiftieth year." – Shiv Aroor, Journalist, author of Operation Jinnah and co-author of India's [...]
IPL 2022: Bodycare Creations to Be Official Sponsor of Punjab Kings for the 2022 Edition of Indian Premier League
New Delhi, Delhi, India – Business Wire India Bodycare Creations, the Indian innerwear brand, announced today that they will be continuing as one of the Official Sponsors of the Punjab Kings franchise in the upcoming season of the Indian Premier League (IPL) which begins in India on March 26. The association is a continuation of [...]
La Tim Steel celebrates the year of the Tiger
MUMBAI, India, March 28, 2022 /PRNewswire/ -- La Tim Metal & Industries (BSE: LATIMMETAL) (Script Code # 505693), a listed company in the steel trade since 1987, dealing with Colour Coated Steel Sheets, wish all their well-wishers a Happy Year of the Tiger. The corporate logo of the company – the fierce face of a [...]
Reissue: Royal College of Surgeons of England (RCSE) Partners With Rela Hospital to Launch One of Its Most Popular Courses: “Care of the Critically Ill Surgical Patients”, for the First Time in South India
Chennai, Tamil Nadu, India – Business Wire India This press release has been reissued because of some updates in the original post, distributed on Saturday, March 26, 2022 9:27 AM IST. For the first time in South India, Royal College of Surgeons of England partners with Rela Hospital, Chennai for an interactive course on “Care [...]
Central Trade Unions begin two-day nationwide strike against the govt’s alleged wrong policies
Central Trade Unions on Monday began a two-day nationwide strike to protest against the government's alleged wrong policies that are affecting farmers, workers and people. Talking to PTI Amarjeet Kaur, General Secretary of All India Trade Union Congress (AITUC), said, "The two-day nationwide strike by the joint forum of central trade unions has begun this [...]
Regular international flights resume in India after two years
New Delhi, Mar 27 (PTI) Regular international flights resumed on Sunday after a coronavirus pandemic-induced hiatus of approximately two years, with Union Civil Aviation Minister Jyotiraditya Scindia calling it a "very important day". India had banned scheduled international flights on March 23, 2020. During the last two years, limited international passenger flights were operating between [...]
Two-day general strike may have ‘minimal’ impact on jute sector in Bengal
Kolkata, Mar 27 (PTI) The two-day nationwide general strike called by trade unions from Monday may have a “minimal impact” on the jute industry in West Bengal as a section of union leaders cast doubt over success of the cease-work call with mills reeling under a raw material crisis and workers facing hardship.Millers also felt [...]
KVIC distributes machines to khadi artisans in Rajasthan
New Delhi, Mar 27 (PTI) The Khadi and Village Industries Commission on Sunday said 1,100 jobs will be created through the distribution of paper plate making machines to 450 local artisans in Jodhpur that it undertook on Saturday. The commission distributed 200 electric potter wheels to potters, 240 waste wood toolkits to carpenters and 10 [...]
Urgent need to move towards green steel: Ram Chandra Prasad Singh
New Delhi, Mar 27 (PTI) Steel minister Ram Chandra Prasad Singh on Sunday highlighted the need to move towards green steel, saying the use of hydrogen in the iron ore and steel sector would help reduce coal imports. He also said that Prime Minister Narendra Modi has an ambitious vision on Hydrogen. "Iron and steel [...]
India asks SL to release fishermen, fishing boats from custody
New Delhi, Mar 27 (PTI) India has demanded that fishermen and fishing boats currently in the custody of Sri Lanka should be released at the earliest. The issue was taken up at the Fifth Meeting of the India-Sri Lanka Joint Working Group on Fisheries, which was held virtually on March, according to an official statement. [...]
Govt seeks to change rules related to vehicles’ fitness testing
New Delhi, Mar 27 (PTI) The government on Sunday proposed certain amendments in the eligibility criteria for setting up an automated testing station to check vehicles' fitness, rules to enable vehicle testing outside the state of registration and the norm to declare a vehicle as end-of-life vehicle. The Ministry of Road Transport and Highways (MoRTH) [...]
Leading cinema exhibitors PVR, INOX Leisure to merge, create an entity with 1,500 screens
Leading film exhibition players PVR Ltd and INOX Leisure Ltd on Sunday announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens. The boards of directors of the two companies at their meetings held on Sunday approved an all-stock amalgamation of INOX with PVR, [...]
US bars rename Moscow Mule cocktail to show support to Ukraine
Houston, Mar 27 (PTI) Spiced fuzzy coconut Moscow Mule cocktail, served in a chilly copper mug, has completely vanished from bars across the US, as an attempt to raise awareness and show solidarity against the Russian invasion of Ukraine. Numerous countries, including the US, have launched sanctions against Russia for the invasion of Ukraine. This [...]
Two-day nationwide strike likely to hit essential services
New Delhi, Mar 27 (PTI) Some of the essential services related to banking, transportation, railways and electricity are likely to be impacted during a two-day nationwide strike called by a joint forum of central trade unions beginning Monday. Talking to PTI, All Indian Trade Union Congress General Secretary Amarjeet Kaur said, "We are expecting participation [...]
Aster DM Healthcare to invest Rs 500 cr in TN; inks MoU with govt
Chennai, Mar 27 (PTI): Healthcare major Aster DM Healthcare on Sunday said it has earmarked Rs 500 crore investment to set up hospitals in Tamil Nadu and has signed a memorandum of understanding with the government in this connection. The MoU proposed include setting up of hospitals, pharmacies and laboratories in the state aimed at [...]
Omega Seiki Mobility forms JV with Rabbit Express to tap African market
Mumbai, Mar 27 (PTI) Faridabad-based electric vehicle maker, a part of the Anglian Omega Group, Omega Seiki Mobility (OSM) has signed a joint venture pact with the Egyptian e-commerce last-mile delivery firm Rabbit Express to tap the African market. Under the JV, in which OSM will hold up to 26 per cent stake and Rabbit [...]
Joshi announces CSR projs for development of aspirational district Darrang in Assam
New Delhi, Mar 27 (PTI) Coal minister Pralhad Joshi on Sunday announced several CSR projects of state-owned CIL for the development of aspirational district Darrang in Assam. Joshi visited Darrang during his second day of visit to the North-Eastern State of Assam on Sunday. Joshi announced CSR projects worth Rs 2 crore in Darrang, to [...]
Commuter satisfaction survey to begin from Monday: Delhi Metro
New Delhi, Mar 27 (PTI) Starting Monday, commuters of the Delhi Metro can participate in an online survey conducted by a global transport body across various parameters, including availability, accessibility and security, officials said on Sunday. The Transport Strategy Centre (TSC), London, which manages the CoMET (Community of Metros), will be conducting the 'Ninth Online [...]
Bharti Airtel to acquire 7% stake in Avaada KNShorapur
New Delhi, Mar 27 (PTI) Bharti Airtel has entered into an agreement to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the telecom company said in a regulatory filing on Sunday.Avaada KNShorapur is a special purpose vehicle formed to own and operate captive power plants, in terms [...]
IndiGo starts flights connecting Pantnagar with Delhi, Dehradun
New Delhi, Mar 27 (PTI) IndiGo on Sunday started flights connecting Pantnagar in Uttarakhand with Delhi and Dehradun.Both the Dehradun-Pantnagar and the Delhi-Pantnagar flights will operate daily, the airline said in a statement."The newly introduced routes are aimed at business and leisure travellers looking to travel to the Kumaon region and its foothills," it mentioned. [...]
Congress demands CBI probe into Amtek insolvency\n\n \n\nNew Delhi, Mar’
New Delhi, Mar 27 (PTI) The Congress on Sunday accused the central government of sheltering promoters of certain companies declaring insolvency through the Insolvency and Bankruptcy Board of India, and demanded a CBI probe into the insolvency of Amtek group. Addressing a press conference, Congress leader Sanjay Nirupam said the government must order a probe [...]
Vikas Ecotech scouts for acquisition in western region; expects Rs 360 crore revenue in FY23
New Delhi, Mar 27 (PTI) Specialty chemicals and polymer products maker Vikas Ecotech Ltd (VEL) is looking to log Rs 360 crore revenue in the next financial year on the back of resumption of exports which were stalled due to Covid-19 pandemic, a top company official has said. Vikas Ecotech (VEL) is also scouting for [...]
Aster DM Healthcare to invest Rs 500 cr to set up healthcare facilities in Tamil Nadu
New Delhi/Dubai, Mar 27 (PTI) Aster DM Healthcare on Sunday said it will invest Rs 500 crore to set up healthcare facilities in Tamil Nadu.Aster, which is one of the largest integrated healthcare providers in GCC and India, has signed a memorandum of understanding on March 26 with the Tamil Nadu government in this regard.The [...]
Banking services may be impacted partially due to nationwide strike on Mar 28-29
New Delhi, Mar 27 (PTI) Banking services may be hit partially on Monday and Tuesday as a section of bank employees' unions has supported the two-day nationwide general strike called by trade unions. The joint forum of central trade unions and various sectoral independent trade unions have given the strike call on Monday and Tuesday [...]
Govt agencies told to ensure round-the-clock power supply amid strike
New Delhi, Mar 27 (PTI) Ahead of the two-day nationwide strike called by trade unions, the power ministry on Sunday advised all the state-run utilities and other agencies to be on high alert and ensure round-the-clock electricity supply and stability of the national grid. A joint forum of central trade unions has called for a [...]
PVR Ltd, Inox Leisure ink merger deal to create largest multiplex chain in India
New Delhi, Mar 27 (PTI) Leading film exhibition players PVR Ltd and Inox Leisure Ltd on Sunday announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens.The respective board of directors of the two companies at their meetings held on Sunday have approved an [...]
India, UAE to establish Investment Council as part of CEPA
Dubai, Mar 27 (PTI) India and the UAE on Sunday have agreed to set up a technical council on Investment, Trade Promotion and Facilitation, as part of the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries last month. India and the UAE on February 18 had signed CEPA with a view to boosting [...]
NEWSALERT
PVR Ltd, Inox Leisure ink merger deal to create largest multiplex chain with a network of over 1,500 screens: Co filing. PTI KRH RKL RKL BAL BAL
India Sotheby’s International Realty invests Rs 5.5 cr in data analytic firm CRE Matrix
New Delhi, Mar 27 (PTI) Property consultant India Sotheby's International Realty on Sunday said it has made a strategic equity investment in Mumbai-based data analytic firm CRE Matrix to offer more and better advisory services to its clients.The company did not disclose the amount it has invested and the percentage of the stake it has [...]
Paytm Mall, Snapdeal penalised Rs 1 lakh each for selling defective pressure cookers
New Delhi, Mar 27 (PTI) The Central Consumer Protection Authority (CCPA) has imposed fine of Rs 1 lakh each on e-commerce firms Paytm Mall and Snapdeal for selling non-standard pressure cookers and asked them to recall the sold items as well as reimburse the amount paid by the consumers. In two separate orders, the CCPA [...]
Integration Wizards acquisition to help expand into new markets, says SparkCognition
New Delhi, Mar 27 (PTI) The US-based unicorn SparkCognition on Sunday said its new acquisition of Bangalore-based visual AI startup Integration Wizards will allow it to expand into new markets like retail, mining, and construction. SparkCognition in a statement said Integration Wizards will also help expand further into its existing markets like energy, manufacturing, and [...]
Airtel CTO urges regulator for affordable spectrum pricing ahead of Trai’s 5G recommendations
New Delhi, Mar 27 (PTI) Ahead of sector regulator Trai's recommendations on spectrum auctions, telecom operator Bharti Airtel's Chief Technology Officer Randeep Sekhon has made an emphatic appeal for "affordable" pricing of 5G radiowaves.Sekhon told PTI that the 5G will have a mass appeal, and not be confined to a niche or premium segment, as [...]
Adani, Tata AIG, ICICI Lombard among 54 prominent bidders for Reliance Capital
New Delhi, Mar 27 (PTI) Adani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among the 54 prominent firms that have expressed interest to acquire debt-ridden Reliance Capital Ltd, promoted by the Anil Ambani Group, sources said. The last date for submission of bids for the debt-ridden firm had been extended [...]
Odisha gets Rs 837 cr Sidbi loan to develop MSME clusters
Mumbai, Mar 27 (PTI) Small Industries Development Bank of India (Sidbi) has sanctioned a Rs 837-crore support under its cluster development fund scheme to Odisha to help develop 18 MSME infrastructure projects. The funding from the nation's principal financial institution for micro, small and medium enterprises will be to the Odisha Industrial Infrastructure Development Corporation, [...]
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