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Defence stock hits 5% upper circuit after receiving $45.2 Mil order from US based company
The shares of this defence company hit 5 percent upper circuit of Rs 322.10 per share after the company’s subsidiary bagged a significant work order for $45,199,440. With a market capitalization of Rs 3,587.76 crore, DCX Systems Ltd's shares were trading at Rs 322.10 per share, increasing around 5 percent from the previous closing price [...]
Bank stock to buy now for an upside of 60%; Do you hold it?
The Private Sector Bank industry in India is witnessing significant growth, with a 20% increase in deposits as of FY24, holding 34% of the total scheduled commercial bank deposits. The sector comprises 21 banks, contributing to a robust retail credit market projected to grow at over 8% CAGR from 2024 to 2029. With a market [...]
AI stock jumps 15% after company’s net profit increases by 200% YoY
Shares of this AI stock in the business of software development services surged 15 percent on Monday following the company’s impressive 200 percent YoY rise in net profit and robust revenue growth in its latest quarterly results. Share Price Movement During Monday’s trading session, InfoBeans Technologies Ltd.'s share price increased by 15.15 percent, reaching an [...]
4 Solar stocks to benefit from Govt plans to boost manufacturing of solar PV cells
The Indian government plans to introduce an Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) cells, effective April 1, 2026, to boost domestic manufacturing and support the green energy transition. This initiative follows the 2019 framework for solar modules, enhancing the quality and reliability of solar PV cells in government projects while [...]
Ashish Kacholia stock jumps 8% after receiving ₹147.4 Cr order from IWAI
During Monday’s trading session, the shares of a company specialising in marine engineering and dredging services surged 8.5 percent to Rs. 1,837 on BSE, after the company announced securing an order worth nearly Rs. 147.43 crores from the Inland Waterways Authority of India (IWAI). With a market cap of Rs. 1,963.6 crores, the shares of [...]
Transformer stock hits 5% upper circuit after reporting 1,550% increase in net profits
Transformer stock engaged in manufacturing, supplying, erecting, testing, and commissioning power and distribution transformers hit a 5 percent upper circuit in the day’s trade following 1,550 percent jump in Net Profits in Q2FY25. Price Action With a market capitalization of Rs. 4,275 Crores, the shares of Marsons Limited hit a 5 percent upper circuit in [...]
Railway stock jumps 5% after company’s net profit increases by 201% YoY
During Monday’s trading session, the shares of a leading manufacturer of freight wagons and provider of railway infrastructure in India surged 5.8 percent to Rs. 209.05 on BSE, after reporting Q2 FY25 financial results with net profit growth of 25.4 percent QoQ and 201 percent YoY. With a market cap of Rs. 8,239 crores, at [...]
Solar pump stock hits 5% upper circuit after reporting 1,637% increase in net profits
Solar Pump stock engaged in the manufacturing and selling of a wide range of pumps, motors, spare parts, and EV components, hit a 5 percent upper circuit in the day’s trade following 1,637 percent jump in Net Profits in Q2FY25. Price Action With a market capitalization of Rs. 8,966 Crores, the shares of Shakti Pumps [...]
Ethanol stock falls 14% after announcing Q2 results
During Monday’s trading session, the shares of one of the leading biotechnology and engineering company globally slumped nearly 14 percent to Rs. 610.9 on BSE, after the company reported Q2 FY25 financial results with a net profit declined by 8.7 percent QoQ. With a market cap of Rs. 12,836.6 crores, at 01:32 p.m., the shares [...]
Textile stock jumps 10% after reporting 172% QoQ increase in net profits
Shares of this apparel stock surged by nearly 10 percent on Monday following the company’s impressive 156 percent QoQ rise in net profit and robust revenue growth in its latest quarterly results. Share Price Movement The share price of Kewal Kiran Clothing Ltd increased by 10.3 percent during Monday’s trading session, reaching an intra-day high [...]
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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
Virgin Atlantic to start second daily flight on Delhi-London route
Mumbai, Mar 25 (PTI) British carrier Virgin Atlantic on Friday said it will operate a second daily service between Delhi and London starting from June 1. The flight will be operated from Heathrow airport to Indira Gandhi International Airport in the national capital. The airline has also announced some changes in the departure timings of [...]
Dhanuka Agritech inks MoU with agri university at Jaipur for trials, training of new technology
New Delhi, Mar 25 (PTI) Agro chemicals firm Dhanuka Agritech has signed an agreement with the Sri Karan Narendra Agriculture University, Jobner in Jaipur to conduct trials for new technologies and train farmers how to use drones. Dhanuka and the Sri Karan Narendra Agriculture University, Jobner, Jaipur will jointly work on trials and verification of [...]
BULLION CLOSING RATE
BULLION CLOSING RATE MUMBAI, MARCH 25 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 68864.00 68691.00 STANDARD GOLD (99.5) : 51784.00 51684.00 PURE GOLD (99.9) : 51992.00 51892.00 -------------------- PTI MUM SSBSSB SSB
LS passes Finance Bill; completes budgetary exercise for FY23
New Delhi, Mar 24 (PTI) The Lok Sabha on Friday approved the Finance Bill, which gives effect to new taxation, thus completing the Budgetary exercise for 2022-23 fiscal.The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman and rejecting the amendments proposed by the opposition [...]
Future Enterprises shares decline nearly 5%
New Delhi, Mar 25 (PTI) Shares of Future Enterprises Ltd on Friday declined nearly 5 per cent after the company said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring plan. The stock tanked 4.98 per cent to settle at Rs 6.68 apiece on [...]
NEWSALERT
Lok Sabha completes Budgetary exercise for 2022-23 by passing Finance Bill. PTI JD CS CS BAL BAL
NCLT initiates insolvency proceedings against Supertech Ltd
New Delhi, Mar 25 (PTI) The National Company Law Tribunal (NCLT) on Friday initiated insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group.This is the second major setback for Noida-based developer in the last one year.On August 31 last year, the Supreme Court had ordered the demolition of Supertech [...]
Chennais Amirta Celebrated Holi in Style, Showcase Spirit with Culinary Delights from Hospitality Industry
Chennai, Tamil Nadu, India (NewsVoir) The Chengalpattu Campus of ChennaisAmirta International Institution of Hotel Management (CAIIHM) - South India’s most reputed Hotel Management Institution, celebrated Holi in style, mixing the festival of colours with the spirit of culinary delights. The students and staffs of each department let their creative juices flow with innovative projects, flaunting [...]
Indiamart to acquire majority stake in Livekeeping for Rs 46 cr
New Delhi, Mar 25 (PTI) B2B e-commerce company Indiamart Intermesh on Friday said it plans to acquire 51 per cent stake in software-as-a-service firm Livekeeping for Rs 45.98 crore in an all-cash deal. The acquisition is in line with Indiamart's long-term objective of offering various software as a service based solutions for businesses, it said. [...]
Wipro GE Healthcare Bolsters Leadership Bench in India & South Asia, Announces Appointment of Elie Chaillot to the Board of Directors
BENGALURU, March 25th, 2022 – Wipro GE Healthcare, a leading global medical technology and diagnostics innovator, announced the appointment of Elie Chaillot, President & CEO, GE Healthcare Intercontinental, to its Board of Directors. This announcement comes after the formation of a new Intercontinental Region within GE Healthcare, led by Chaillot. The Intercontinental region is a [...]
ReshaWeaves by ReshaMandi Launches First Store in New Delhi
This store will showcase a range of natural fabrics and will serve as a one-stop shop for buyers New Delhi, Delhi, India (NewsVoir) ReshaMandi, India's first and largest digital ecosystem for natural fibre supply chain, starting from farm to retail announces the grand opening of their store ReshaWeaves at Nehru Place, New Delhi. The NCR-based [...]
Aavas Financiers raises Rs 100 cr by issuing bonds to Kotak
New Delhi, Mar 25 (PTI) Aavas Financiers on Friday said it has raised Rs 100 crore by issuing bonds to Kotak Mahindra Bank. The executive committee of the board of directors of the company passed a resolution on March 25, 2022 and approved allotment of 1,000 rated, senior, secured, redeemable non-convertible debentures (NCDs) aggregating up [...]
NEWSALERT
Taxpayer base has increased to 9.1 crore from 5 crore few years ago: FM Sitharaman. PTI JD CS CS BAL BAL
Members slam high oil prices during LS debate on Finance Bill
New Delhi, Mar 25 (PTI) Opposition members on Friday made a strong demand in Lok Sabha to rein in rising fuel prices and accused the government of putting the people to difficult times soon after the elections were over.Initiating the discussion on the Finance Bill in the Lok Sabha, Congress member Gaurav Gogoi said the [...]
COMMODITY PRICES
SLUG : COMMODITY PRICES BCM : ESPL/ECO/COM MUMBAI, MAR 25 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 802.00 COPPER HEAVY SCRAPS 792.00 COPPER ARMATURE (CREDIT) 779.00 COPPER UTENSILS SCRAP 715.00 CC ROD 848.00 BRASS :- BRASS SHEET CUTTING 577.00 BRASS UTENSIL SCRAP 544.00 BRASS HONEY 520.00 ALUMINIUM :- ALUMINIUM UTENSIL [...]
NEWSALERT
We have imposed customs duty on umbrella to encourage MSMEs: FM in Lok Sabha. PTI JD CS CS BAL BAL
NEWSALERT
Corp tax reduction helped economy, government and companies. Corporate tax mop-up at Rs 7.3 lakh crore so far this fiscal: FM. PTI JD CS CS BAL BAL
Spectrum auction to be conducted soon; 5G service to be launched be year end: Govt in RS
New Delhi, Mar 25 (PTI) Spectrum auctions will be conducted very soon, and the next-generation 5G services are expected to commence before the end of the year, Minister of State for Communications Devusinh Chauhan said in the Rajya Sabha on Friday. Replying to a supplementary question during Question Hour, Chauhan also said that the four [...]
National Maritime Heritage Complex to be built by TATA Projects
~ World-class complex to showcase India's rich and diverse maritime heritage ~ ~ Once complete, it will stand at par with renowned international maritime museums ~ MUMBAI, India, March 25, 2022 /PRNewswire/ -- TATA Projects Limited, one of India's fastest growing and most admired infrastructure companies, today signed an approximately Rs 500 crore contract agreement [...]
SIDBI acquires 7.84% stake in public digital infrastructure platform ONDC for Rs 10 cr
New Delhi, Mar 25 (PTI) Small Industries Development Bank of India (SIDBI) on Friday said it has acquired 7.84 per cent stake in open public digital infrastructure platform, ONDC, for Rs 10 crore. "SIDBI, the apex Financial Institution for financing and development of MSMEs in the country, has acquired 7.84 per cent stake in the [...]
MedPiper Acquires MedWriter, An AI Writing Assistant For Doctors From Lonere Labs
MedPiper will use the newly acquired product and technology to help doctors and HCPs to become creators for its online healthcare magazine, JournoMed. BANGALORE, India, March 25, 2022 /PRNewswire/ -- MedPiper, a Y-Combinator and MeITy, Govt of India backed healthcare company, has acquired MedWriter, an AI writing assistant for doctors. MedWriter is a product designed [...]
All you need to know about Uma Exports IPO which will go live on Monday
Uma Exports Limited’s IPO will run from March 28, 2022, to March 30, 2022, and it plans to list on the exchanges on April 7, 2022. The price band for the issue is set at ₹65 to ₹68 per share and it plans to raise ₹60 crores through this issue, out of which ₹50 crores [...]
Number of recognised startups increases to 65,861: Govt
New Delhi, Mar 25 (PTI) Sustained efforts by the government have resulted in increasing the number of recognised startups from 726 in 2016-17 to 65,861 as on March 14 this fiscal, the Parliament was informed on Friday. The government had launched 'Startup India' initiative on January 16, 2016, with an aim to build a stronger [...]
PEPPER COPRA CLOSING
MUM PEPPER COPRA CLOSING RATE MUMBAI, MAR 25 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 98000 COPRA OFFICE KOZIZODE 96000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1720 T.P ------------------ PTI MUM [...]
THE LEELA PALACES, HOTELS AND RESORTS EXPANDS FOOTPRINT IN SOUTH INDIA WITH THE SIGNING OF THE LEELA KOVALAM, A RAVIZ HOTEL AND THE LEELA ASHTAMUDI, A RAVIZ HOTEL IN KERALA
Welcomes India's only clifftop beach resort The Leela Kovalam, a Raviz Hotel back into the fold and expands to introduce a magical backwater experience with The Leela Ashtamudi, a Raviz Hotel MUMBAI, India, March 25, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts today announced the signing of a management agreement for two properties, [...]
Imports from China slip 7.2% to USD 65.21 bn in 2020-21
New Delhi, Mar 25 (PTI) Imports from China declined 7.2 per cent to USD 65.21 billion in 2020-21 from USD 70.31 billion in 2018-19, Parliament was informed on Friday.On the other hand, India’s exports to China rose 26 per cent to USD 21.18 billion in 2020-21 from USD 16.75 billion in 2018-19, Minister of State [...]
SBI General Insurance Collaborates with Maharashtra Police to Support the ‘MrityunjayDoot’ Scheme
Donates 2 fully equipped High Impact Ambulances and 800 Stretchers to Maharashtra Highway Police Mumbai, Maharashtra, India (NewsVoir) SBI General, one of India’s leading General Insurance companies associated with Yashlok Welfare Foundation, NGO dedicated to alleviating social inequalities, to support the Highway ‘MrityunjayDoot’ scheme implemented by the State Highway Police Department. Through this association, SBI [...]
OILSEEDS PRICES
MARCH 25,2022 MUMBAI, (PTI) OILS (per 10 Kgs) DEOILED CAKES (per M.T.) G.N.Extr.45% 41000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed 37500.00 Rice Bran Extr. - Sunflower Extr. 28000.00 Rapeseed Extr. - Soyameal 48% 62609.00 Castor Extr. 12150.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 7925.00 Gr. Bolds 60/70 8850.00 Gr. [...]
Gujarat again tops NITI Aayog’s Export Preparedness Index 2021
New Delhi, Mar 25 (PTI) Gujarat, for the second consecutive year, has topped the Niti Aayog's Export Preparedness Index 2021 which is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat was followed by Maharashtra, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh and [...]
Govt keeping close watch on trade amid Russia-Ukraine crisis: Goyal
New Delhi, Mar 25 (PTI) The government is continuously monitoring the opportunities that the Russia-Ukraine war has opened up for India and is in dialogue with traders to ensure more exports of wheat and other commodities, Commerce Minister Piyush Goyal told the Rajya Sabha on Friday. Replying to supplementaries during Question Hour, he said Indian [...]
Delhi ranks third in terms of per capita income behind Sikkim, Goa: Eco Survey
New Delhi, Mar 25 (PTI) Delhi ranked third in terms of per capita income behind Sikkim and Goa, according to the Economic Survey of Delhi 2021-22.The survey also said that Delhi's GDP at current prices increased by about 50 per cent in the last six years from Rs 6,16,085 crore in 2016-17 to Rs 9,23,967 [...]
Govt should come out with legislation on crypto soon: Gogoi
Expressing concern over unregulated virtual digital assets such as cryptocurrencies, Congress MP Gaurav Gogoi on Friday said the government should come out with legislation soon to prevent their misuse for purposes such as terror financing and drug smuggling. The government is still sending mixed signals on virtual digital assets and there should be clarity on [...]
RBI central board discusses impact of geopolitical crises on Indian economy
Mumbai, Mar 25 (PTI) Amid the ongoing Russia-Ukraine war, the Central Board of Directors of Reserve Bank of India on Friday discussed the overall impact of current global geopolitical crises on the Indian economy. The 594th meeting of the Central Board of Directors of RBI was held on Friday at Bengaluru under the Chairmanship of [...]
Gujarat Polysol Chemicals files DRHP for Rs 414-crore IPO
New Delhi, Mar 25 (PTI) Chemical manufacturer Gujarat Polysol Chemicals Ltd (GPCL) has filed its preliminary papers with Sebi to raise Rs 414 crore through an initial public offering. The initial share sale comprises a fresh issue of equity shares aggregating up to Rs 87 crore and an offer-for-sale (OFS) of equity shares aggregating up [...]
SJS Enterprises Takes Part In ACMA EV Expo Summit And Exhibition
The Conclave on the topic 'Transforming Mobility' was held on the 23rd and 24th of March SJS Enterprises participated and exhibited their new decorative aesthetic products NEW DELHI, March 25, 2022 /PRNewswire/ -- SJS Enterprises, a leading player in the Indian decorative aesthetics industry, took part in the ACMA EV Auto Conclave 2022 that took [...]
Gujarat Polysols Chemicals files DRHP for Rs 414-crore IPO
New Delhi, Mar 25 (PTI) Chemical manufacturer Gujarat Polyols Chemicals Ltd (GPCL) has filed its preliminary papers with Sebi to raise Rs 414 crore through an initial public offering.The initial share sale comprises a fresh issue of equity shares aggregating up to Rs 87 crore and an offer-for-sale (OFS) of equity shares aggregating up to [...]
ESIC scheme adds 12.84 lakh new members in January
New Delhi, Mar 25 (PTI) Around 12.84 lakh new members joined the ESIC-run social security scheme in January 2021 against 15.34 lakh in the previous month, official data showed on Friday, giving a perspective on formal sector employment in the country.The latest data is part of a report released by the National Statistical Office (NSO).Gross [...]
Muthoottu Mini Financiers New Gold Loan Scheme – Super Offer at 6.5 Percent Interest Only
Kochi, Kerala, India – Business Wire India One of the leading NBFCs, Muthoottu Mini Financiers, has launched a one-of-a-kind Gold Loan scheme. This scheme comes with an interest rate of 6.5%. This new initiative has been launched to empower customers to avail themselves of the maximum loan amount on gold with the best interest rate. [...]
Guar seed futures rise on fresh bets
New Delhi, Mar 25 (PTI) Guar seed prices on Friday rose by Rs 24 to Rs 6,163 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 24 or 0.39 [...]
HDFC sells over 2% stake in oil explorer HOEC during July-Mar for Rs 61 cr
Country's largest mortgage lender HDFC Ltd has sold over 28.89 lakh shares held in Hindustan Oil Exploration Ltd (HOEC) during July 2021 to March 2022 for Rs 61 crore. Out of 1,15,72,786 equity shares of Rs 10 each held by the Corporation in Hindustan Oil Exploration Company Ltd (HOEC), the Corporation has sold 28,89,638 shares [...]
Guar gum futures gain on spot demand
New Delhi, Mar 25 (PTI) Guar gum prices on Friday gained Rs 114 to Rs 11,430 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 1.01 per cent or Rs 114 to Rs 11,430 [...]
SIDBI joins hands with Meghalaya govt to develop MSME ecosystem
New Delhi, Mar 25 (PTI) The Small Industries Development Bank of India (SIDBI) has joined hands with the Meghalaya government to develop an ecosystem for small and medium businesses. SIDBI has entered into a Memorandum of Understanding (MoU) with the Meghalaya Infrastructure Development and Finance Corporation Ltd (MiDFC) to develop the MSME ecosystem in the [...]
Lexus launches buyback programme with ES300h premium sedan
New Delhi, Mar 25 (PTI) Toyota's luxury car arm Lexus on Friday said it has launched a buyback programme in India, starting with the ES300h premium sedan, to mark the company's five years in the country.The automaker has also initiated a loyalty programme for its customers under the 'Lexus Life' umbrella.The buyback programme for ES [...]
Internet company Glance acquires gaming company Gambit
Internet company Glance InMobi has acquired Indian gaming company Gambit Sports for an undisclosed amount as part of its plan to build the biggest platform for NFT-based live gaming experiences across markets. Glance Games, a lock screen gaming platform of Glance, claims to have over 45 million monthly active users across Asia, with close to [...]
Torrent Power completes acquisition of 50 MW solar power plant from Lightsource bp, UKCI
New Delhi, Mar 25 (PTI) Torrent Power on Friday announced the completion of the acquisition of 50 MW solar power plant from Lightsource bp and UKCI for an enterprise value of Rs 300 crore. "Torrent Power Limited has, pursuant to Securities Purchase Agreement with Lightsource India Ltd and Lightsource Renewable Energy (India) Ltd, completed transaction [...]
BULLION OPENING RATE
BULLION OPENING RATE MUMBAI, MARCH 25 (PTI) MUMBAI BULLION :- OPENING SILVER SPOT (IN RS PER KILO) : 68864.00 STANDARD GOLD (99.5) : 51784.00 PURE GOLD (99.9) : 51992.00 -------------------- PTI MUM SSBSSB SSB
NEWSALERT
Delhi's gross domestic product grows 17.65 pc year-on-year to Rs 9,23,967 crore in 2021-22: Eco Survey. PTI VIT SLB AKM BAL BAL
Bharat Edtech Initiative Bridges the Learning Loss through EdTech for over 117,000 Economically Underprivileged Children
New Delhi, Delhi, India (NewsVoir) • Providing equitable effective EdTech access to first-generation digital learners • Anchored by British Asian Trust, GiveIndia, Michael & Susan Dell Foundation, and Sattva Consulting The Bharat EdTech Initiative has successfully onboarded 117,000 students from underprivileged families on their EdTech platform as part of their mission to bridge the learning [...]
Bounce Infinity partners with BattRE to provide battery swapping network
Mumbai, Mar 25 (PTI) Bounce Infinity has partnered with Jaipur-based EV maker BattRE to provide its battery swapping network to the latter. In the first phase of operations, Bounce said, it would be deploying a minimum of 300 battery swapping stations in every top city for BattRE. The Bengaluru-based smart mobility firm, which launched its [...]
NEWSALERT
Delhi's per capita income three times higher than national average: Eco Survey. PTI VIT SLB BAL BAL
Gujarat again tops NITI Aayog’s Export Preparedness Index 2021
New Delhi, Mar 25 (PTI) Gujarat has topped Niti Aayog's Export Preparedness Index 2021, followed by Maharashtra, Karnataka, in the second and third place respectively, according to the government think tank's report released on Friday. The Export Preparedness Index assesses the readiness of the states, in terms of their export potential and performance. Other states [...]
PEPPER COPRA OPENING RATE
MUM PEPPER COPRA OPENING RATE MUMBAI, MAR 25 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 98000 COPRA OFFICE KOZIZODE 96000 COPRA RAJAPUR MUMBAI 18500 COPRA EDIBLE MUMBAI 12500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1720 T.P ------------------ PTI MUM [...]
NEWSALERT
Delhi's per capita income grows 16.81 per cent year-on-year to Rs 4,01,982 in 2021-22: Eco survey. PTI VIT SLB BAL BAL
MGH Logistics renews Pune Warehouse to serve Global Automotive Clients
NEW DELHI, March 25, 2022 /PRNewswire/ -- MGH Logistics Pvt Ltd, a subsidiary of MGH Group, has extended its contract for the third span for its state-of-the-art warehouse in Talegaon Pune to guarantee yet another 3 years of its continued commitment to excellence serving key clientele. The facility based out of Talegaon, Navlak Umbre, Pune [...]
NEWSALERT
Gujarat again tops NITI Aayog's Export Preparedness Index 2021. PTI RR DRR DRR
SBI EXCHAGNE RATE
SLUG: DIRECT EXCHANGE RATES SBI BCM – ESPL/ECO/COM MUMBAI,MARCH 25,2022 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 75.45 76.95 75.39 77.11 EUR/INR 82.66 85.50 82.59 85.67 GBP/INR 99.10 102.28 [...]
100 pc of Delhi’s eligible population received first dose of Covid vax, 90 pc second: Sisodia
New Delhi, Mar 25 (PTI) Delhi has administered first doses of the COVID-19 vaccine to 100 per cent of its eligible population while 90 per cent of the people have so far received their second dose, Deputy Chief Minister Manish Sisodia told the Legislative Assembly on Friday. Sisodia, who also holds Finance portfolio, was presenting [...]
NEWSALERT
Delhi ranked third in terms of per capita income behind Sikkim, Goa: Delhi Eco survey. PTI VIT SLB BAL BAL
NMIMS School of Business Management announces Admission for MBA (Part-Time) Social Entrepreneurship & Diploma in Social Entrepreneurship
MUMBAI, India, March 25, 2022 /PRNewswire/ -- NMIMS, School of Business Management announces admission for MBA (Part-Time) Social Entrepreneurship (2-years) and Diploma in Social Entrepreneurship (1- year). The program is specially designed for the potential social entrepreneurs and social sector professionals who aim to excel in the dynamic and competitive industry scenario. This vibrant and [...]
MIT Art, Design & Technology University organizes Hackathon 2022 to nurture Innovative Ideas for Problem Solutions
PUNE, India, March 25, 2022 /PRNewswire/ -- MIT Art, Design and Technology University under its flagship initiatives MIT Centre for Future Skills Excellence, Institution's Innovation Council (IIC), MIT-ID Innovation Programme, the AIC - MITADT Incubator Forum, and CRIEYA, conducted the MIT-ADT University Hackathon 2022 to shortlist the teams that will represent MIT-ADT University at the [...]
Crude oil futures decline on low demand
New Delhi, Mar 25 (PTI) Crude oil futures on Friday dropped by 1.06 per cent to Rs 8,574 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for March delivery fell by Rs 92 or 1.06 per cent to Rs 8,574 per barrel with a business volume [...]
realme showcases design sustainability in collaboration with Shantnu x Nikhil at FDCI X Lakme Fashion Week; Announces the launch of GT 2 Pro on 7th April
NEW DELHI, March 25, 2022 /PRNewswire/ -- realme, the world's fastest-growing smartphone brand, announced the launch date of its much-awaited, most premium flagship realme GT 2 Pro as 7th April 2022 at FDCI X Lakme Fashion Week. At the event, realme also announced the brand's vision to curb carbon emissions of its GT series smartphone [...]
Delhi govt presents status report of Outcome Budget for 2021-22
New Delhi, Mar 25 (PTI) Delhi Deputy Chief Minister and Finance Minister Manish Sisodia presented the status report of the Outcome Budget for the year 2021-22 in the Legislative Assembly on Friday. Sisodia said they were the first to introduce the Outcome Budget wherein they put out details of the status of various projects undertaken [...]
Finnair launches Mumbai-Helsinki direct flight; services to start from July
Mumbai, Mar 25 (PTI) Finland's flag carrier Finnair on Friday said it will connect Helsinki with India's financial capital Mumbai with a direct flight, starting July this year. Mumbai will be the airline's second destination in India after Delhi, where it has been flying since 2006. The to-be launched flight on Mumbai-Helsinki and vice versa [...]
RBI MONEY MARKET OPERATION
Date : Mar 25, 2022 Money Market Operations as on March 24, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 507,053.30 3.45 0.02-3.65 I. Call Money 14,239.92 3.41 2.00-3.60 II. Triparty Repo 365,722.65 3.46 3.34-3.51 III. Market Repo 127,090.73 3.45 0.02-3.65 [...]
Edelweiss Housing Fin ties up with SBI for co-lending in priority sector home loans
New Delhi, Mar 25 (PTI) Edelweiss Housing Finance Limited (EHFL) on Friday said it has partnered with the country's largest lender SBI for co-lending towards priority sector home loans to self-employed entrepreneurs and salaried customers.A subsidiary of Edelweiss Financial Services, EHFL said this alliance will leverage the combined reach of both the partners in tier [...]
“Commerce is a means to achieve social good” Says Shri Ajit Pai, NITI Aayog at the Jindal Banking & Finance School-Seattle Univ Joint Conference
25th March 2022, New Delhi: The Jindal School of Banking & Finance (JSBF), O.P. Jindal Global University (JGU) and the Albers School of Business and Economics, Seattle University, USA jointly organised a two-day virtual Conference on “Societal Impact of Commerce: Sustainability, Technology, and Social Good”. Shri Ajit Pai, Distinguished Expert and Head (Economics and Finance) [...]
JR Housing Developers partners with Houzbay Consulting for their Villa Plot Project, JR Urbania – ‘Around The Trees’
BANGALORE, India, March 25, 2022 /PRNewswire/ -- JR housing developers have partnered with Houzbay Consulting, one of the leading real estate Launch & Strategic partner in India, for their JR Urbania – 'Around The Trees' residential plotted development and commercial plots. JR Urbania is a premium plotted development near Electronic City [Anekal – Chandapura road], [...]
GEA 2022: Rithvik Dhanjani Set to Host the Global Excellence Awards 2022, Is Excited About Having a Nice Conversation with Awardees
Mumbai, Maharashtra, India – Business Wire India Most energetic TV & Web Series Actor & Reality Show Presenter RithvikDhanjani is going to grace the 3rd Edition of Global Excellence Awards 2022 as Anchor of the Most Awaited Award Ceremony to be held in Mumbai with Chief Guest Mr Anupam Kher, on 8th May 2022 at [...]
Ritesh Kumar Joins ReshaMandi as Chief Financial Officer
Ritesh Kumar Talreja will lead Corporate Development, Debt Raising and M&A Bangalore, Karnataka, India (NewsVoir) ReshaMandi, India's first and largest digital ecosystem for natural fibre supply chain, starting from farm-to-fashion has appointed Ritesh Kumar Talreja as the Chief Financial Officer effective 21st March 2022. In his new role, Ritesh will lead the company’s finance function [...]
Where is Tata Motor’s share price headed? Brokerages give targets
Shares of Tata Motors Limited is gearing for an upside and analysts see a rally. After the recent correction in the auto sector, analysts believe that the stocks may now witness a renewed momentum. “In the current fall, the stock has declined sharply on the back of severe FIIs selling but found support near 380. [...]
IBM to impart digital skill to 12,000 girl students in Nagaland
Kolkata, Mar 25 (PTI) IBM India announced a collaboration with the Nagaland School Education department to introduce digital powered training in more than 250 secondary and higher secondary schools across 15 districts in the northeastern state. The programme “IBM Stem” (Science, Technology, Engineering and Math) for Girls programme aims to provide 21st-century skills to more [...]
Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum
Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction. The prepayment is for instalments due in FY2027 and FY2028, the Sunil Mittal-led telco said in a statement. "Airtel prepays Rs 8,815 crore to clear [...]
Big win for Experion Technologies on being awarded the Frost & Sullivan’s 2022 Global Customer Value Leadership Award in the software product engineering industry
TRIVANDRUM, India, March 25, 2022 /PRNewswire/ -- Experion Technologies, is proud to be recognized as a global leader in delivering exceptional Customer Value in the Software Product Engineering Industry at Frost & Sullivan Best Practices awards. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and [...]
GTPL Hathway Ropes-in Verimatrix for Secure Sweeping Android TV Rollout
Verimatrix's award-winning Video Content Authority System (VCAS) for DVB Hybrid technology to be deployed on new Google Android TV set top boxes for millions of subscribers AHMEDABAD, India, March 24, 2022 /PRNewswire/ -- GTPL Hathway Limited (GTPL), India's leading Digital Cable TV and Broadband Service provider, announced its partnership with Verimatrix to onboard its Video [...]
NEWSALERT
Bharti Airtel prepays Rs 8,815 crore towards 2015 spectrum dues: Company statement. PTI MBI BAL BAL BAL
MedGenome announces leadership transitions to lead next phase of growth and set stage for long-term success
• Co–Founder Sam Santhosh steps down as Chairman and Group CEO; will remain on Board of Directors • Co–founder Mahesh Pratapneni appointed Group CEO • Dr. Felix Olale appointed Chairman of the Board BENGALURU, India, March 24, 2022 /PRNewswire/ -- MedGenome, South Asia's leading genomics research and diagnostics company, today announced that Sam Santhosh, co–founder [...]
An Evergreen Filmstar – Anupam Kher, as the Chief Guest, Will Grace the Global Excellence Awards 2022 on 8th May 2022, Mumbai
Mumbai, Maharashtra, India – Business Wire India The Internationally Acclaimed Actor worked in 520+ Bollywood Movies, The Motivational Speaker, The Teacher, The Author, The Padma Shri & Padma Bhushan Awardee, Very Popular Evergreen Bollywood Filmstar - Anupam Kher is set to grace The Most Prestigious Corporate Award Ceremony Global Excellence Awards 2022 on 8th May [...]
Canada Pension Plan sells Rs 6,800 crore worth shares of Kotak Mahindra Bank
Canada Pension Plan and Investment Board (CPPIB) on Thursday sold four crore shares of Kotak Mahindra Bank worth around Rs 6,800 crore through an open market transaction. According to bulk deal data on BSE, the investment board sold the shares at an average price of Rs 1,700.10 apiece. The deal is valued at about Rs [...]
Sebi penalises Axis Bank for violating merchant bankers regulations
Markets regulator Sebi on Thursday imposed a fine of Rs 5 lakh on Axis Bank for violation of merchant banker regulations. Axis Bank is registered as a merchant banker with the Securities and Exchange Board of India (Sebi). The regulator had conducted an examination of the debt capital market operations of Axis Bank during the [...]
NEWSALERT
Petrol, diesel prices hiked by 80 paise a litre each, third increase in four days; total hike now totals Rs 2.4/litre. PTI ANZ RAM
South Africa investment conference secures pledges of nearly USD 23 bn
Johannesburg, Mar 24 (PTI) South Africa on Thursday secured investment pledges of nearly USD 23 billion from international and domestic investors. The pledges were made at the concluding day of the fourth edition of the South Africa investment Conference hosted by President Cyril Ramaphosa. “Four years ago, we set ourselves an ambitious target of raising [...]
Bourses having commodity derivatives segment can introduce options on commodity indices: Sebi
New Delhi, Mar 24 (PTI) Markets watchdog Sebi on Thursday said that recognised stock exchanges having a commodity derivative segment will be permitted to introduce options on commodity indices. The move is part of efforts to have more products in the commodity derivatives market. "The recognised stock exchanges with a commodity derivative segment, willing to [...]
PNB acquires 6% stake in public digital e-commerce platform
New Delhi, Mar 24 (PTI) Public sector lender Punjab National Bank on Thursday said it has acquired nearly 6 per cent stake in public digital e-commerce platform ONDC for Rs 10 crore. Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects [...]
Centre to procure excess stocks of raw rice from Telangana: Goyal
New Delhi, Mar 24 (PTI) Union Food Minister Piyush Goyal on Thursday assured that the Centre will procure excess stocks of raw rice from Telangana as per the quality specified by the Food Corporation of India. The assurance came from Goyal after a delegation of TRS leaders met Goyal in Parliament over the issue of [...]
Hope to make India a global hub for EVs, cell tech: Ola co-founder
New Delhi, Mar 24 (PTI) Ola co-founder Bhavish Aggarwal on Thursday expressed the hope to make India a global hub for electric vehicles and cell technology, with the company being selected for the government's production-linked incentive scheme for the manufacturing of advanced chemistry cell battery storage. The heavy industries ministry has named Ola Electric and [...]
The Ayurveda Co raises USD 3 mn
New Delhi, Mar 24 (PTI) D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneurship also participated in the funding round. "This will accelerate the [...]
Mobile phone exports set to cross Rs 43,500 cr this fiscal
New Delhi, Mar 24 (PTI) Buoyed by the government's PLI scheme, exports of mobile phones from India are expected to cross Rs 43,500 crore during the current financial year ending March 31, 2022, according to the industry body India Cellular and Electronics Association. ICEA said exports of mobile phones from India have already jumped about [...]
LG unveils Rs 34,829 crore potential linked credit plan of NABARD for J&K
Jammu, Mar 24 (PTI) Lieutenant Governor Manoj Sinha on Thursday unveiled Rs 34,829 crore potential linked credit plan of National Bank for Agriculture and Rural Development (NABARD) for the union territory, officials said. Sinha said that credit plan will meet aspirations of the ural population, bridge gaps in rural infrastructure and strengthen co-operative credit systems [...]
HP eyes more market share in India’s laserjet printer market
New Delhi, Mar 24 (PTI) IT hardware company HP on Thursday said it will expand its portfolio of laserjet tank printers in India as the company looks to increase its marekt share. Sunish Raghavan, Senior Director of HP India, Printing Systems, said that the new printers launched by the company will compete in the 1.3 [...]
Okinawa expects to sell 50,000 units of newly-launched Okhi-90 scooter
Mumbai, Mar 24 (PTI) Leading electric scooter maker Okinawa Autotech expects to net a fourth of its next year's annual sales target of 2 lakh units from the Okhi-90 scooter, which the company launched on Thursday. The company is expecting to sell 50,000 units of its newly-launched scooter model Okhi-90 by the next fiscal. It [...]
UK finance minister Rishi Sunak questioned over Infosys presence in Moscow
London, Mar 24 (PTI) UK Chancellor of the Exchequer Rishi Sunak on Thursday faced questions about the Russian presence of Infosys, the Indian software services company in which his wife Akshata Murty has a share. With reference to stringent sanctions being imposed on Russia, the Indian-origin finance minister who is the son-in-law of Infosys co-founder [...]
Pawan Hans to lease six Sikorsky S-76D helicopters
New Delhi, Mar 24 (PTI) Pawan Hans Ltd has signed agreements to lease six Sikorsky S-76D helicopters from The Milestone Aviation Group. The aircraft will support Pawan Hans' onshore and offshore helicopter operations in India and the company is contracted to operate two S-76D helicopters for ONGC. "In addition to the six helicopters, of which [...]
Civil Aviation Minister Jyotiraditya Scindia to address ‘Wings India 2022’ in Hyd
Hyderabad, Mar 24 (PTI): Civil Aviation Minister Jyotiraditya Scindia will on Friday address the ongoing 'Wings India 2022'--Asia’s largest event on civil aviation here. The four-day event with the theme "India@75: New Horizon for Aviation Industry" kicked off today at Begumpet Airport here and will conclude on March 27. Minister of State for Civil Aviation [...]
Future Enterprises defaults on Rs 93.99 cr payment to PNB and Canara Bank
New Delhi, Mar 24 (PTI) Future Enterprises Ltd on Thursday said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring (OTR) plan.The due date for payment of the amount was March 23, a regulatory filing by Future Enterprises Ltd (FEL) said."The Company was not [...]
Have policies, intent, leader to develop ports, shipping: Sonowal
New Delhi, Mar 24 (PTI) Shipping Minister Sarbananda Sonowal on Thursday said the government had given a big push to promote inland waterways and Assam received its first consignment of foodgrains from Patna via Bangladesh traversing a distance of 2,350 km through rivers Ganga and Brahmaputra.Responding to the discussion on the demand for grants of [...]
Bank of Baroda enters into co-lending pact with Paisalo for small ticket loan to businesswomen, MSMEs
New Delhi, Mar 24 (PTI) Bank of Baroda (BoB) on Thursday said it has entered into a co-lending pact with non-banking financial company Paisalo Digital to provide small-ticket business loans to women entrepreneurs and MSMEs. The partnership will provide access to small-ticket finance for income generation to Micro, Small and Medium Enterprises (MSMEs) and women [...]
Reliance & ACRE bid for Sintex filed before NCLT for approval
New Delhi, Mar 24 (PTI) The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after getting unanimously selected by the lenders of the textiles maker. The resolution professional of Sintex Industries has filed the resolution plan by RIL [...]
Kerala CM says PM has positive stand on SilverLine project
New Delhi, Mar 24 (PTI) Amid mounting protests against the ambitious SilverLine project, Kerala Chief Minister Pinarayi Vijayan on Thursday said Prime Minister Narendra Modi has taken a positive stand on the project and expressed hope that required approvals from the central government will come at a faster pace. Vijayan met the prime minister on [...]
Banks to undertake special clearing ops on Mar 31 for closure of govt accounts
Mumbai, Mar 24 (PTI) Banks will conduct special clearing operations for the annual closure of government accounts on March 31, which is the last day of the fiscal year, the RBI said on Thursday. The Reserve Bank has issued directions to the banks for smooth clearing operation and asked them to participate in it. All [...]
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