#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Auto stock jumps 11% after company forays into railways sector
The shares of the automotive component manufacturer gained up to 11 percent after the company set to enter the railways component sector by acquiring Escorts Kubota Ltd’s railway equipment division. With a market capitalization of Rs 43,733.25 crore, the shares of Sona BLW Precision Forgings Ltd were trading at Rs 706.80 per share, increasing around [...]
Smallcap stock in which Morgan Stanley bought fresh stake in Q2
Morgan Stanley Asia (Singapore) Pte is a prominent Foreign Institutional Investor (FII) operating under the global financial services firm Morgan Stanley. The firm engages in various activities such as equity investments, portfolio management, and advisory services, contributing to capital inflows in emerging markets. As of September, Morgan Stanley Asia holds approximately Rs. 2,250 crore worth [...]
Pharma stock jumps 14% after reporting 810% YoY increase in net profits
The share price of a major integrated private healthcare service provider in the GCC climbed by 14 percent on Thursday, fueled by an impressive 810 percent year-over-year increase in net profits. This surge was further supported by robust revenue growth reported in its latest quarterly results. Share Price Movement During Thursday’s trading session, Aster DM [...]
Power stock jumps 3% after receiving order worth ₹1,142 Cr for transmission line in Saudi Arabia
The shares of the second-largest manufacturer of power transmission towers gained up to 3 percent after the company bagged a prestigious work order of Rs 1,142 crore. With a market capitalization of Rs 24,769.91 crore, the shares of KEC International Ltd were trading at Rs 930.50 per share, increasing around 0.06 percent as compared to [...]
EMS stocks held by Mukul Agrawal and other ace investors to keep on your radar
From contract manufacturing to innovation-driven growth, Electronics Manufacturing Services (EMS) has huge potential in India. By FY27, the EMS industry in India is expected to reach around $55 billion, reflecting more than a doubling of revenue from previous years. The Indian EMS market is projected to grow at a compound annual growth rate (CAGR) of [...]
Pharma stocks in which mutual funds increased their stake by 4% in Q2
India is the largest global supplier of generic drugs and the Indian pharmaceutical industry is growing rapidly, projected to reach $65 billion by 2024 and $130 billion by 2030. Growth is driven by increasing R&D investments, government initiatives, and rising domestic healthcare demand. Mutual funds are important during market volatility because they offer diversification, reducing [...]
FMCG stock hits 5% lower circuit despite reporting 117% YoY increase in net profits
During Wednesday’s trading session, the shares of a leading dairy company offering milk and value-added dairy products hit a 5 percent lower circuit to Rs. 592.35 on BSE, despite reporting Q2 FY25 results with net profit growth by nearly 117 percent YoY. With a market cap of Rs. 5,496.7 crores, the shares of Heritage Foods [...]
Data center stock with market leadership to buy now for an upside of 40%
According to the business standard, the U.S. telecommunications sector is projected to experience moderate growth in FY24, with an estimated 3.2 million net additions in subscriptions. Revenue from public sector services is expected to reach $5.4 billion, reflecting a 6.1% increase year-over-year, driven by advancements in wireless and 5G technologies. With a market capitalization of [...]
Smallcap stock jumps 8% after company’s net profit increases by 336% YoY
Small Cap stock engaged in providing financial services including Non-Banking Finance Services, Insurance, investment banking, corporate advisory, and many more jumped upto 8 percent in the day’s trade upon declaring robust Q2FY25 results with a 336 percent jump in Net Profits. Price Action With a market capitalization of Rs. 1,092 Crores, the shares of Prime [...]
Stock jumps 19% after reporting ₹20.96 Cr profit against loss of ₹5.65 Cr year ago
This small-cap stock, a key player in India's air conditioner OEM/ODM industry, surged nearly 19 percent after posting an 81 percent year-on-year revenue growth for Q2 FY25. Share price variations: With a market capitalization of Rs. 21,584.20 crores, Amber Enterprises India Ltd. rose to an intraday high of Rs. 6,788.30 representing a 19.25 percent increase [...]
News Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
5 Stocks that supply defence equipments to Israel to keep an eye on
The geopolitical tensions involving Israel, Iran, and Gaza are characterized by Iran's animosity toward Israel and its support for militant groups like Hamas and Hezbollah, which engage in hostilities against Israel. This led to airstrikes, military & political outrage, loss of life, and more leading to fear of global war among other nations. Listed below [...]
Latest Market News
Odisha gets major share of NABARD’s rural-infra funds
Bhubaneswar, Mar 21 (PTI) The National Bank for Agriculture and Rural Development said on Monday that it has sanctioned a financial assistance of more than Rs 4,000 crore to Odisha in the current fiscal, the highest allocation in the country.The allotment was made on the basis of the priority accorded by the state government for [...]
Ensure corrupt officers are penalised: CVC to banks, govt depts
New Delhi, Mar 21 (PTI) Citing non-implementation of penalty against corrupt officers, the Central Vigilance Commission on Monday asked public sector banks and government departments to ensure that guilty do face the punishment, and the compliance report for 2020 and 2021 should be forwarded to the CVC latest by June 30. After completion of departmental [...]
Govt deliberating on e-commerce policy draft: CAIT
New Delhi, Mar 21 (PTI) Commerce and Industry Minister Piyush Goyal has said that several ministries, which are related to e-commerce, are deliberating on the e-commerce policy draft and it will be put out in the public domain after discussions, according to a statement issued by domestic traders body CAIT.A delegation of the Confederation of [...]
Sterlite Power Successfully Concludes Refinancing of Khargone Transmission Project for INR 1200 Crores
New financing secured from Aseem Infrastructure Finance Limited, NIIF Infrastructure Finance Limited and Aditya Birla Finance Limited New Delhi, Delhi, India (NewsVoir) Sterlite Power, a leading power transmission developer and solutions provider, announced the successful refinancing of its project loan for the recently commissioned Khargone Transmission Project. The new financing from Aseem Infrastructure Finance Limited [...]
The leading careers-led University of East London (UEL) opens first India office in Pune
The University of East London (UEL), a public university located in the London Borough of Newham -- London, England, and whose roots can be traced to 1898 (attained University status in 1992), is setting up its First India office in Pune. UEL has been pioneering futures since 1898: from the 2nd Industrial Revolution through to [...]
New managing director to assume charge in Suguna Foods from April
Coimbatore, Mar 21 (PTI) Suguna Foods, a poultry company, on Monday announced the appointment of Vignesh Soundararajan as its new managing director effective from April 1. Vignesh would power the expansion plan of the company in the segment and focus on strengthening the footprint of the brand across the country, a press release from the [...]
Asian Granito announces Rs 500-crore rights issue for expansion
Mumbai, Mar 21 (PTI) Sanitaryware major Asian Granito on Monday announced a Rs 500-crore rights issue to fund its expansion plans. Under this expansion, the company plans to set up three manufacturing units at an investment of around Rs 300 crore in luxury surfaces and bathware segments. The proceeds from the Rs 500-crore rights issue will [...]
NEWSALERT
For 10 yrs nil defence procurement happened under UPA; from pin to aircraft had to be ordered: FM in Rajya Sabha. PTI MBI ANZ MR MR
Provet Pharma Private Limited Raises Fund from N+1 Capital
Chennai, Tamil Nadu, India (NewsVoir) • The funds will be utilized to support the growth momentum of the Company. Provet Pharma Private Limited, headquartered in Chennai, one of the fast-growing animal health care companies in India, raises an undisclosed amount from N+1 Capital, one of India's largest revenue-based growth capital funds. The Company will be [...]
Rupee plunges by 34 paise as crude oil prices surge past USD 110/barrel
Mumbai, Mar 21 (PTI) The rupee slumped by 34 paise to close at 76.18 against the US dollar on Monday as rising crude oil prices and a lacklustre trend in domestic equities weighed on investor sentiment. Expectations of aggressive rate hikes by the US Federal Reserve to control inflation also weighed on the local unit. [...]
NEWSALERT
Today's realities dictated interest rate on employee PF; 8.1% rate better than interest rate on small saving deposits: FM in Rajya Sabha. PTI MBI ANZ MR MR
Future group shares under pressure; Future Retail tanks 7.88%
Shares of Future group of companies were under pressure on Monday with Future Lifestyle Fashions and Future Retail tanking the most in tandem with a weak broader market. Future Lifestyle Fashions Ltd tumbled 9.08 per cent while Future Retail Ltd tanked 7.88 per cent. Similarly, Future Consumer Ltd declined 3.48 per cent, Future Supply Chain [...]
NEWSALERT
Central board of employee PF body EPFO takes call on interest rate on provident fund; board proposed cutting PF rate to 8.1%: FM. PTI MBI ANZ MR MR
NEWSALERT
Embedded value of LIC calculated in very scientific way, disclosed in draft IPO papers filed with SEBI: FM on pre-IPO valuation of LIC. PTI MBI ANZ MR MR
NEWSALERT
Rs 5,000 cr proposed for recapitalisation of state insurance companies in third batch of supplementary demands for grants: FM in Rajya Sabha. PTI MBI ANZ MR MR
CtrlS ceremonial groundbreaking kicks-off construction of its third hyperscale data center in Hyderabad
HYDERABAD, India, March 21, 2022 /PRNewswire/ -- CtrlS - Asia's largest rated-4 hyperscale data center has performed a ceremonial groundbreaking ceremony kicking-off construction of its third hyperscale data center in Gachibowli, Hyderabad. The data center will be spread across 131,000 square feet equipped with 1,600 racks powered by 18MW of electricity. The groundbreaking ceremony was [...]
Tax rich, big players more to increase revenue: Congress Rajya Sabha MP
New Delhi, Mar 21 (PTI) Congress Rajya Sabha member Shaktisinh Gohil on Monday asked the government to tax the rich and big players more to increase revenue but spare the poor and the middle class who have been hit hard by the coronavirus pandemic. Taking part in a discussion on Appropriation Bills in the Upper [...]
CII calls for making Open Access almost free for EV Charing from renewable sources
New Delhi Mar 21 (PTI) Industry body CII on Monday called for making Open Access almost free for charging electric vehicles from green sources like solar and wind energy.Open Access enables heavy users of more than 1 MW connected load to buy cheap power from the open market."The Confederation of Indian Industry (CII) has called [...]
NEWSALERT
Devolution of state share in central taxes put at Rs 8.17 lakh cr in FY23, revised estimate of Rs 7.45 lakh cr for FY22 already released: FM. PTI MBI ANZ MR MR
NEWSALERT
Govt has borne higher cost of urea, not passed it on to farmers: FM Nirmala Sitharaman in Rajya Sabha on excess spending approval sought. PTI MBI ANZ MR MR
2,172 notices issued to entities engaged in unauthorized sale of ‘Khadi’ products: Govt
New Delhi, Mar 21 (PTI) Khadi and Village Industries Commission (KVIC) issued 2,172 notices to entities engaged in unauthorized sale of products in the name of 'Khadi' till January this year, according to the government. Nearly 500 entities have apologized for unknowingly using the Khadi trade mark, and have removed them from their products and [...]
NEWSALERT
RBI Governor says the economy is better placed to deal with new headwinds given high forex reserves and low current account gap. PTI HV BEN MR
PhonePe announces acquisition of GigIndia
Digital payments platform PhonePe on Monday announced that it has acquired GigIndia, a network for freelance micro-entrepreneurs. As part of the acquisition, GigIndia, which has 1.5 million entrepreneurs and over 100 enterprises as customers, will integrate with PhonePe, the company said in a statement. It did not divulge the size of the buyout. PhonePe would [...]
Crypto mining cost not to be allowed as deduction under I-T Act: FinMin
New Delhi, Mar 21 (PTI) Infrastructure cost incurred in the mining of cryptocurrencies or any virtual digital assets will not be allowed as deduction under the income tax act, Minister of State for Finance Pankaj Chaudhary said on Monday.In a written reply to the Lok Sabha, Chaudhary said the government will come out with a [...]
MUM BULLION CLOSING RATES
MUMBAI, MAR 21 (PTI) CLOSING RATES SILVER SPOT (IN RS PER KILO) : 67687.00 STANDARD GOLD (99.5) : 51258.00 PURE GOLD (99.9) : 51464.00 ------------------ PTI MUM SVC SVC
Technology led Innovations have been the Cornerstone of Our Success Story says Share India CEO
Noida, Uttar Pradesh, India (NewsVoir) Share India has been at the helm of leading the transformation of B2B financial instruments market. With a significant market share in equity, futures, options, and commodities segments, the company has been constantly setting newer benchmarks for itself as well as industry leaders. Listed in 2017, the company has been [...]
About 49,000 divyangjan trained under PMKVY
New Delhi, Mar 21 (PTI) About 49,000 divyangjan have been trained/oriented under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) across the country till December 31, 2021, Parliament was informed on Monday.Under the PMKVY, there are incentives to encourage the participation of Divyangjan in the skill training, Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar [...]
nOFTEN NFT Marketplace is one of the fast-growing platform; Launches NFT’s for leading sports and entertainment celebrities
Offers Fans an opportunity to procure unique and unseen innovation of their favourite artists at 10% Discount, when purchased from nOFTEN NFT Marketplace using NOF token Mumbai (Maharashtra) [India], March 21: One of the Biggest Marketplace nOFTEN NFT (non-fungible token) which is considered as a haven for celebrities and artists to introduce their collection of [...]
Exempt all state govt and municipal bus services from hike: NCP to PM as diesel price for ‘bulk users’ goes up by Rs25/litre
Mumbai, Mar 21 (PTI) With the price of diesel sold to bulk users increased by Rs 25 per litre, the NCP on Monday demanded Prime Minister Narendra Modi exempt all state government and municipal bus services from the hike. The price of diesel sold to bulk users has been hiked by about Rs 25 per [...]
ZigWheels and CoinSwitch Partner To Create Awareness About Cryptocurrency
New Delhi, March 21, 2022: ZigWheels, India’s leading digital auto community for car and bike owners and enthusiasts, and CoinSwitch, India’s leading and most trusted crypto exchange app, have joined hands to create awareness about cryptocurrency. To create awareness and bust the myths around trading in cryptocurrency, both ZigWheels and CoinSwitch have come together to [...]
Ruchi Soya FPO to open on Mar 24; sets price band at Rs 615-650
Patanjali Ayurved group-controlled Ruchi Soya Industries will hit the capital markets with a Rs 4,300-crore follow-on offer on March 24, making the country's largest edible oil-maker the first to be re-listed after the bankruptcy process. The management led by Ruchi Soya chairman Acharya Balakrishna and Baba Ramdev, non-executive director, on Monday announced the price-band for [...]
cKers Finance selected as ImpactAssets’ IA 50 2022 – Emerging Impact Asset Manager for Financing India’s Clean Energy Transition
NEW DELHI, March 21, 2022 /PRNewswire/ -- ImpactAssets has zeroed in on cKers Finance as part of its discovery of some of the globe's most impactful investment managers. Over the last 4 years, cKers Finance has been rapidly making inroads into financing new segments that enable the sustainable energy transition and sustainable mobility transition in India. [...]
Nithin Kamat warns investors about the company that is getting delisted soon
“Equity shares of Sintex Industries will be delisted, and the equity will be reduced to zero as part of the insolvency resolution process. You will lose your entire capital if you invest, " as per a tweet by Zerodha. Nithin Kamath, Founder and CEO of Bengaluru based online stock exchange firm Zerodha expressed his concern [...]
Bill giving relief to COVID-19-hit industries, traders passed in Maha Assembly
Mumbai, Mar 21 (PTI) A bill that aims to provide relief to traders and industries hit by the COVID-19 pandemic was passed in the Maharashtra Assembly on Monday.The 'Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Bill, 2022' -- an amnesty scheme -- will cover taxes which the state's sales tax department [...]
J&K aims to attract Rs 70,000-cr investment in six months: Sinha
Jammu, Mar 21 (PTI) Jammu and Kashmir Lt Governor Manoj Sinha on Monday said that the Union Territory is expected to attract Rs 70,000 crore worth investments in the next six months. J&K has been looking to bring in investments in diverse sectors, including tourism and hospitality, and currently a UAE delegation is visiting the [...]
China considering USD 2.5 bn in loan, trade credits for Lanka, says Chinese envoy
Colombo, Mar 21 (PTI) China is considering a USD 2.5 billion credit facility to Sri Lanka, Beijing's top diplomat in Colombo said on Monday, as the island nation is reeling under an acute economic and energy crisis triggered due to a shortage of foreign exchange. Chinese Ambassador Qi Zhenhong’s announcement came closely on the heels [...]
Bizongo acquires Clean Slate, aims to equip 100 factories with IoT tech by 2023
New Delhi, Mar 21 (PTI) B2B trade platform Bizongo has acquired IoT and real-time location services (RTLS) solutions provider Clean Slate Technologies for an undisclosed amount, the company said on Monday. Through this acquisition, Bizongo aims to equip more than 100 Indian factories with its IoT-powered cloud factory solution by 2023, Bizongo said in a [...]
Resource-challenged grassroots adolescent entrepreneurs from Mumbai’s slums receive funding support under Dolphin Tank
NGO Salaam Bombay Foundation focusses on Nurturing Grassroots Adolescent Entrepreneurs - launches Dolphin Tank in close collaboration with the School of Business Management (SBM), NMIMS, a unique initiative to offer guidance and financial support to resource-challenged aspiring grassroots adolescent entrepreneurs. MUMBAI, India, March 21, 2022 /PRNewswire/ -- In a first of its kind initiative, NGO, [...]
T-Series and RED FM Gear up for the Third Season of Indie Hai Hum with Sachet Parampara
Mumbai, Maharashtra, India (NewsVoir) Asia’s largest music label, publisher and film studios, T-Series and India’s largest and most awarded private radio network, RED FM collaborate once again for Indie Hai Hum Season 3. With the previous season gaining massive appreciation and success, T-Series and RED FM gear up for its third season where audiences will [...]
Ola Electric invests in Israeli battery tech firm StoreDot
Ola Electric on Monday said it has invested in Israeli cell technology company StoreDot, a pioneer in batteries with extreme fast charging (XFC) solutions. The investment in StoreDot is the first of several global strategic investments planned by the company as it looks to ramp up its core R&D in advanced cell chemistry and manufacturing [...]
Inflection Point Ventures announces USD 50 million VC fund
New Delhi, Mar 21 (PTI) Inflection Point Ventures (IPV), an angel investment platform, on Monday announced the launch of its new fund Physis Capital that will have a corpus of USD 50 million (about Rs 380 crore). The new fund aims to build a portfolio of 15-20 startups with an average ticket size of USD [...]
COMMODITY PRICES
MUMBAI, MAR 21 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 800.00 COPPER HEAVY SCRAPS 789.00 COPPER ARMATURE (CREDIT) 775.00 COPPER UTENSILS SCRAP 715.00 CC ROD 841.00 BRASS :- BRASS SHEET CUTTING 575.00 BRASS UTENSIL SCRAP 535.00 BRASS HONEY 515.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 197.00 ALUMINIUM EXTRUSION SCRAP 230.00 ALUMINIUM [...]
MUM OILSEEDS CLOSING PRICES
MUMBAI, MAR 21 (PTI) OILS (per 10 Kgs) G.Nut Raw 1600.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. - Sunflower Exp.Ref. 1900.00 Cottonseed(Refined) 1550.00 Refined Palm Oil 1485.00 Soyabean Ref. 1495.00 Imp.Soyabean Crude - Rapeseed Ref. 1510.00 Rapeseed Exp. 1480.00 Copra white 1540.00 Rice Bran 4-7% FFA - Rice Bran 1340.00 Linseed 1900.00 Castor [...]
Govt holding roadshows for IDBI Bank privatisation to assess investor interest
New Delhi, Mar 21 (PTI) The government is holding roadshows for IDBI Bank privatisation and will come out with EoI after assessing investor interest, Minister of State for Finance Bhagwat Karad said on Monday.The Cabinet Committee on Economic Affairs had in May last year given in-principle approval for strategic disinvestment and transfer of management control [...]
MUM PEPPER COPRA CLOSING RATES
MUMBAI, MAR 21 (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 SVC SVC
Hetero arm gets CDSCO approval to produce, sell Sputnik Light vaccine
New Delhi, Mar 21 (PTI) Drug firm Hetero on Monday said its biologics arm has received approval from the Central Drugs Standard Control Organisation (CDSCO) to manufacture and sell Sputnik Light for restricted emergency use in India. Hetero is the first biopharmaceutical company in India to receive Manufacturing and Marketing (M&M) approval for the product [...]
Banks recover Rs 61,000 cr via one-time settlement of loans
New Delhi, Mar 21 (PTI) As many as 11 banks have recovered nearly Rs 61,000 crore by way of one-time settlement in nearly four financial years, the government informed Parliament on Monday.The figures are for the last three financial years and up to December 2021 of the current fiscal.As per instructions of the Reserve Bank, [...]
Augnito.ai Sees 10X Jump in Doctors Signing up on Their Platform as Part of the Ongoing EOFY Fest
Mumbai, Maharashtra, India – Business Wire India Augnito.ai announced its ‘End of Financial Year’ EOFY SaaS Fest for retail customers in India beginning March this year. Through this exclusive rollout, Augnito.ai is offering its newly updated, advanced version of desktop and mobile app at an unbeatable price that covers over 12 medical specialities including Radiology, [...]
Opening of Opportunities for Tamil Nadu Businessmen in Ethiopia
Chennai, Tamil Nadu, India (NewsVoir) • Dr. B. Ramakrishnan (BRK) to head the delegation to Ethiopia from Tamil Nadu • Ambassador of Ethiopia in India Dr.TizitaMulugeta presents trade in Ethiopia The India Africa Trade Council-COMESA organized the India Ethiopia Trade Conference which was attended by the Business community in South India especially Tamil Nadu. The [...]
Guar seed futures decline on low demand
New Delhi, Mar 21 (PTI) Guar seed prices on Monday went down by Rs 41 to Rs 6,119 per 10 quintals in the futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for April delivery was trading at Rs 6,119, down by Rs 41 or 0.67 per cent, per 10 quintals with [...]
Guar gum futures fall on low demand
New Delhi, Mar 21 (PTI) Guar gum prices on Monday fell by Rs 15 to Rs 11,225 per five quintals in the futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for April delivery fell by Rs 15 or 0.13 [...]
MPL earmarks Rs 2,000 cr for Great Indian Gaming League
New Delhi, Mar 21 (PTI) E-sports firm Mobile Premier League has earmarked Rs 2,000 crore for a two-month-long multi-sport online mobile gaming tournament Great Indian Gaming League, starting from March 24, the company said on Monday.The tournament may see 3.5 million winners across multiple games and could potentially create thousands of winners between Rs 1 [...]
Tata Motors drives in Altroz DCA; price starts at Rs 8.09 lakh
New Delhi, Mar 21 (PTI) Tata Motors on Monday said it has launched its premium hatchback Altroz with dual-clutch automatic transmission, priced between Rs 8.09 lakh and Rs 9.89 lakh (ex-showroom).Altroz DCA comes equipped with several segment-first features, such as a wet clutch with active cooling technology, machine learning, shift by wire technology, self-healing mechanism, [...]
Meesho appoints Harsh Chaudhary to lead monetisation
New Delhi, Mar 21 (PTI) Internet commerce company Meesho on Monday announced the appointment of Harsh Chaudhary to lead monetisation.The company, in a statement, said Chaudhary will lead the team that bolsters revenue generation from Meesho's various business units. Meesho has "announced the appointment of Harsh Chaudhary as CXO for monetisation", the statement said.His appointment [...]
SMP Port carries ship-to-ship LPG transfer for cross border trade
Kolkata, Mar 21 (PTI) Syama Prasad Mookerjee Port (SMP), Kolkata opened a new chapter in cargo handling by commencing ship-to ship (STS) operations for LPG cargo bound for Bangladesh, an official statement said. Apart from ushering a new in the Indo-Bangladesh relations, it will also open connectivity between SMP Port Kolkata and Mongla Port of [...]
SC-appointed panel was against repealing three farm laws
New Delhi, Mar 21 (PTI) A Supreme Court-appointed panel to study the three farm laws, which was scrapped by Parliament in November last year, had recommended that the three legislations should not be repealed saying they would be beneficial for farmers. The report, which was submitted to the apex court on March 19, 2021, was [...]
Transition to new emission norms in tractor industry unlikely to be major disruptor: Icra
New Delhi, Mar 21 (PTI) The transition to new emission norms in the tractor industry is unlikely to be a major disruptor as it would apply only to vehicles with engine capacity higher than 50 HP, impacting around 10 per cent of the overall industry volumes, according to ratings agency Icra.From April 2022, the new [...]
NMIMS Commences Admissions For B.A., LL.B. (Hons.) And B.B.A., LL.B. (Hons.) Programs through NMIMS-LAT 2022
MUMBAI, India, March 21, 2022 /PRNewswire/ -- NarseeMonjee Institute of Management Studies (NMIMS), a Deemed-to-be University with an academic legacy of 41 years, announces the registrations for the Law Aptitude Test (LAT) 2022. NMIMS-LAT Examination is a national aptitude entrance test conducted for the admissions of B.A., LL.B. (Hons.) and B.B.A., LL.B. (Hons.) at NMIMS [...]
Sterlite Power concludes refinancing of Khargone transmission project
New Delhi, Mar 21 (PTI) Sterlite Power has successfully concluded refinancing the Khargone transmission project which would help it to pre-pay project loan. The new financing from Aseem Infrastructure Finance Ltd (Rs 525 crore), NIIF Infrastructure Finance Ltd (Rs 450 crore) and Aditya Birla Finance Ltd (Rs 225 crore), will enable prepayment of the existing [...]
Crude oil futures gain on spot demand
New Delhi, Mar 21 (PTI) Crude oil prices on Monday surged by Rs 309 to Rs 8,269 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 309 or 3.88 per cent to Rs 8,269 per barrel in 864 [...]
Powerkids appoints Manoj Mishra as Chief Executive Officer
HYDERABAD, India, March 21, 2022 /PRNewswire/ -- Powerkids Entertainment Private Limited ("Powerkids") is pleased to announce the appointment of Manoj Mishra as Chief Executive Officer. Powerkids focuses on children's animation through the development, management and monetization of entertainment content. Mr. Mishra has been intimately involved in the development, operations and commercialization of many popular children's [...]
RECPDCL hands over Gadag Transmission to ReNew Ventures
New Delhi, Mar 21 (PTI) State-owned REC arm REC Power Development and Consultancy Ltd (RECPDCL) has handed over Gadag Transmission -- a project-specific special purpose vehicle -- to ReNew Transmission Ventures.ReNew Transmission Ventures had won Gadag Transmission through a bidding process conducted by RECPDCL."RECPDCL, a wholly-owned subsidiary of REC Ltd, handed over project-specific SPV formed [...]
Jaro Education Eyes More Than 3X in Revenue by the End of FY 22-23
Mumbai, Maharashtra, India – Business Wire India Jaro Education, India’s leading Edtech firm, aims to clock more than INR 300 crores in revenues by the end of FY 22-23. The revenue target for FY 2022-23 will be a 200% increase as compared to FY 2021-22. The Edtech pioneer is set to report its revenue for [...]
Alembic Pharma gets final USFDA approval for Lacosamide tablet
New Delhi, Mar 21 (PTI) Alembic Pharmaceuticals Ltd on Monday said it has received final approval from the US health regulator for its generic version of Lacosamide tablet, indicated for the treatment of partial-onset seizures in patients of 4 years of age and older.The approval by the US Food & Drug Administration (USFDA) is for [...]
HAI re-elects IHCL MD Puneet Chhatwal as president
New Delhi, Mar 21 (PTI) Hospitality industry body Hotel Association of India on Monday said it has re-elected Indian Hotels Company MD and CEO Puneet Chhatwal as its President.The executive committee, in recognition of the current team's efforts in the period of the last two extremely difficult pandemic-ridden years, decided unanimously to re-elect the management [...]
AGEL raises USD 288 million for RE projects
New Delhi, Mar 21 (PTI) Adani Green Energy has raised USD 288 million (about Rs 2,188 crore ) for the construction of its renewable energy projects."Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to USD 1.64 billion by raising a USD 288 million facility for its under-construction renewable asset portfolio through definitive [...]
B2B Marketplace ProcMart’s revenue expected to reach 100 Crores in FY22
One of India’s largest online Business to Business marketplaces, ProcMart witnessed a 2x jump in revenue with Rs. 40 Crores in FY21, followed by a 2.5x jump in the first two-quarters of FY22. The Start-up is all set to achieve Rs. 100 Crores mark in FY22. ProcMart has been profitable for the past 3 years [...]
MUM BULLION OPENING RATES
MUMBAI, MAR 21 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 67426.00 STANDARD GOLD (99.5) : 51136.00 PURE GOLD (99.9) : 51342.00 ------------- PTI MUM SVC SVC
Huge business opportunities exist to boost trade, investment: Austrian minister
New Delhi, Mar 21 (PTI) Huge business opportunities exist for India and Austria to enhance bilateral trade and investments, Austrian Minister for European and International Affairs Alexander Schallenberg said on Monday.The bilateral trade between the two countries has crossed USD one billion and "it shows what kind of potential we have," he said here at [...]
2 Stocks recommended by Axis Direct for positional trading
After a strong rally over the past few sessions, domestic stocks took a breather. According to reports, Europe was mulling a ban on Russian oil imports. Though the Indian VIX (the volatility index) has come down to 23.8 levels, experts believe that the Russia Ukraine crisis might continue to have an impact on the volatility [...]
Strides Pharma Science inks pact with MPP to market COVID-19 drug
New Delhi, Mar 21 (PTI) Strides Pharma Science on Monday said it has inked a sub-license agreement with Medicines Patent Pool to commercialise a generic version of Pfizer's COVID-19 oral treatment drug in 95 low and middle-income markets.The Pfizer product has been authorised as a COVID-19 oral therapy for emergency use in the US and [...]
Sanjay Ghodawat has been named among the Times Most Powerful Leaders – 2022
KOLHAPUR, India, March 21, 2022 /PRNewswire/ -- Sanjay Ghodawat, Founder and Chairman of Sanjay Ghodawat Group (SGG) was recently honoured with The Times Most Powerful Leaders 2022 award for achieving his business goals and philanthropic activities. Celebrating entrepreneurial spirit, inspiring attitude, and clarity of purpose, Sanjay Ghodawat has inspired his employees to innovate, take measured [...]
L&T Technology Services aims for carbon, water neutrality by 2030
New Delhi, Mar 21 (PTI) L&T Technology Services (LTTS) aims to achieve carbon and water neutrality by 2030 and has unveiled its first sustainability report, the company said on Monday.The report, conforming to the Global Reporting Initiative (GRI), presents LTTS' sustainability efforts across its key elements for fiscal 2020-21. "L&T Technology Services Limited, a leading [...]
SBI-DIRECT EXCHANGE RATES
MUMBAI, MAR 21 (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 CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 75.33 76.83 75.27 76.99 EUR/INR 82.64 85.45 82.57 85.61 GBP/INR 98.53 101.66 98.45 101.86 JPY/INR 62.79 64.87 62.74 65.00 [...]
MUM PEPPER COPRA OPENING RATES
MUMBAI, MAR 21 (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 MUMSVC SVC
Wockhardt unit partners with SII subsidiary to set up vaccine manufacturing plant in UK
New Delhi, Mar 21 (PTI) A Wockhardt unit has tied up with a subsidiary of Serum Institute of India to set up a new vaccine manufacturing facility in Wrexham, North Wales (UK).According to a statement, the collaboration between Wockhardt UK and Serum Life Sciences UK Ltd will help create a considerable number of employment opportunities [...]
Jindal School of Journalism Offers Study Abroad Opportunities in 20 International Universities
Sonipat, 21 March, 2022: The Jindal School of Journalism and Communication (JSJC), O.P. Jindal Global University (JGU) recently signed a collaboration with University of Oregon for a short-term study abroad programme in the summer of 2022 on climate change and environment. This is the latest of 20 international active student mobility collaborations and agreements that [...]
‘Meet-Use-Experience’ initiative to reach 15,000 chefs launched to accelerate the distribution of Kikkoman Soy Sauce across the largest cities in India
MUMBAI, India, March 21, 2022 /PRNewswire/ -- The world's leading producer of naturally brewed soy sauce, Kikkoman Corporation, today announces the launch of the 'Meet-Use-Experience' initiative as part of its 'Kikkoman Honjozo Authentic Soy Sauce Experience' that started in October 2021. A first of its kind, it is the largest sampling of Kikkoman Soy Sauce [...]
L&T Technology Services aims for carbon, water neutrality by 2030
New Delhi, Mar 21 (PTI) L&T Technology Services (LTTS) aims to achieve carbon and water neutrality by 2030 and has unveiled its first sustainability report, the company said on Monday.The report, conforming to the Global Reporting Initiative (GRI), presents LTTS' sustainability efforts across its key elements for fiscal 2020-21. "L&T Technology Services Limited, a leading [...]
Indian-American documented dreamer tells lawmakers she’d be forced to leave US without change in immigration system
Washington, Mar 21 (PTI) An Indian-American documented dreamer has told lawmakers that she is an American and hopes to be recognised as one and not forced to leave the US in eight months in the absence of any meaningful legislative reforms in the immigration system that addressed the issue of aged out kids. Documented dreamers [...]
Glenmark Pharmaceuticals receives ANDA approval for Lacosamide Tablets USP, 50 mg, 100 mg, 150 mg and 200 mg
MUMBAI, India, March 21, 2022 /PRNewswire/ -- Glenmark Pharmaceuticals Inc., USA (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for its Lacosamide Tablets1 USP, 50 mg, 100 mg, 150 mg and 200 mg, the generic version of Vimpat®2 Tablets, 50 mg, 100 mg, 150 mg and 200 mg [...]
Dodla Dairy shares jump 20% on Krishna Milks acquisition
Shares of Dodla Dairy Ltd on Monday surged 20 per cent after the company acquired Sri Krishna Milks Pvt Ltd for Rs 50 crore to expand its business. The stock jumped 19.23 per cent to Rs 548 on the BSE. At the NSE, it zoomed 19.99 per cent to Rs 548.45. Dodla Dairy Ltd on [...]
Sintex Industries lenders approve joint resolution plan of Reliance Industries, ACRE
New Delhi, Mar 21 (PTI) The lenders of the debt-ridden textiles maker Sintex Industries have approved the joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise to acquire the firm under the insolvency resolution process.The Committee of Creditors (CoC) of Sintex Industries has unanimously voted in favour of the resolution plan by Reliance [...]
RBI-MONEY MARKET OPERATIONS
MUMBAI, Mar 21, (PTI) Money Market Operations as on March 17, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume WEIGHTED (One Leg) Average Rate Range A. Overnight Segment 3,939.80 3.03 1.00-5.50 I. Call Money 781.55 3.19 2.70-3.60 II. Triparty Repo 3,073.25 2.91 1.00-3.80 III. Market Repo 0.00 - - IV. Repo [...]
Dr. Bharat Agravat Creates Life-Saving Invention OSMF Mouth Opening Kit to Prevent Oral Cancer at Home
Ahmedabad, Gujarat, India – Business Wire India What People Didn’t Know About the Link Between Oral Cancer and Oral Submucous Fibrosis. Oral Submucous Fibrosis is a Precancerous Condition. India reports 77, 000 cases of oral cancer every year. Estimated over five people in India die every hour because of oral cancer. By country, the incidence [...]
Sheth Jeebun, a well-known and established name in care home services in the UK
Care homes strengthen healthcare industry by providing specialised care. However rising costs, growing regulatory overreach, and blame culture, pose challenges to the care home industry. Sheth Jeebun, a well-known and established name in care home services in the UK, is enthusiastic about care for the elderly. A resolute healthcare professional with over 30 years of [...]
FMCG makers to go for around 10% price hike to mitigate inflationary pressures
Consumers may have to pay more for their daily essential items with FMCG companies mulling another round of price hike to offset the impact of an unprecedented level of inflation in commodity prices such as wheat, palm oil and packaging materials. Besides, the ongoing war between Russia and Ukraine has also added another blow to [...]
Godrej Properties sells homes worth Rs 1,002 cr so far this fiscal in Pune township
New Delhi, Mar 21 (PTI) Godrej Properties Ltd on Monday said the company has sold homes worth Rs 1002 crore so far this fiscal in its township at Pune, Maharashtra.In a regulatory filing, Goderej Properties Ltd (GPL) informed that it has "achieved FY22 sales worth Rs 1,002 crore for its township project Riverhills in Mahalunge, [...]
Indian economist Jayati Ghosh named by UN to high-level advisory board on multilateralism
United Nations, Mar 21 (PTI) Indian development economist Jayati Ghosh has been appointed by UN Secretary General Antonio Guterres to a new high-level advisory board on effective multilateralism. Ghosh, 66, is a Professor at the University of Massachusetts Amherst. She was previously professor of economics and chairperson of the Centre for Economic Studies and Planning, [...]
Pak signs deal with Canadian company to develop gold, copper mining project in Balochistan
Islamabad, Mar 20 (PTI) Pakistan on Sunday signed an agreement with a Canadian company to develop one the world's largest gold and copper mining projects in the country’s restive Balochistan province. Popularly known as the Reko Diq project in Chagai area of the province, the project would be developed by the Barrick Gold Corporation of [...]
Delegation from gulf arrives in JK to explore investment opportunities
Srinagar, Mar 20 (PTI) A 36-member delegation from the gulf countries has arrived in Srinagar to explore investment opportunities in the union territory, officials said on Sunday. The delegation arrived following an invitation by J-K Lieutenant Governor Manoj Sinha at the Dubai Expo in January this year, the officials said. The delegation includes top businessmen [...]
India, Australia set to conclude early harvest trade deal this month
New Delhi, Mar 20 (PTI) India and Australia are on course to ink an early harvest trade deal by end of this month while Australian Prime Minister Scott Morrison is set to unveil a Rs 1,500-crore investment package to boost the bilateral ties at a virtual summit with PM Narendra Modi on Monday. The likely [...]
Delegation from gulf arrives in JK to probe for investment opportunities
Srinagar, Mar 20 (PTI) A 36-member delegation from the gulf countries has arrived in Jammu to explore investment opportunities in the union territory, officials said on Sunday. The delegation arrived following an invitation by J-K Lieutenant Governor Manoj Sinha at the Dubai Expo in January this year, the officials said. The delegation includes top businessmen [...]
Code of ethics has brought discipline to OTT sector: I&B joint secy
Dubai, Mar 20 (PTI) The code of ethics for news publishers, over-the-top (OTT) platforms and digital media has helped in bringing about "a lot of discipline" in the sector, Ministry of Information & Broadcasting Joint Secretary Vikram Sahay said on Sunday.The joint secretary was speaking at a roundtable on news broadcasting at the India Pavilion [...]
Reliance Retail acquires 89% stake in lingerie retailer Clovia for Rs 950 cr
Reliance Retail Ventures Ltd (RRVL) on Sunday announced the acquisition of a majority 89 per cent equity stake in Clovia, an industry leader in the bridge-to-premium intimate wear category, with an investment of Rs 950 crore. RRVL has acquired 89 per cent equity stake in Purple Panda Fashions Pvt Ltd, which owns and operates the [...]
TCI lines up Rs 250 cr capital expenditure for FY23
Mumbai, Mar 20 (PTI) Logistics firm Transport Corporation of India is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal, a top company executive has said.Of the total capital expenditure (Capex), the company is expected to spend Rs 100-125 crore on ships and containers, the executive added.The company [...]
I-T department detects Rs 224-crore undisclosed income after raids on start-up firm Infra.Market
New Delhi, Mar 20 (PTI) The Income Tax department has detected "undisclosed" income of more than Rs 224 crore after it recently raided Maharashtra-based unicorn start-up Infra.Market, officials said on Sunday. The searches were launched on March 9 at the firm's 23 premises in Maharashtra, Karnataka, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh. The CBDT [...]
AI multibagger stock which gave 350% returns in a year is coming up with rights issue
The AI-multibagger stock has given 350% in the past year. In March 2021, shares of ASM Technologies were trading at Rs 141.55. In the last trading session, the stock closed at 636.65 levels. On the breakout of the Russia-Ukraine war, the stock tumbled and fell to 570 levels. Since then, the stock regained its momentum [...]
Govt plans to merge BBNL with BSNL this month: BSNL CMD
The government is planning to merge Bharat Broadband Nigam Limited (BBNL) with the loss-making state-run telecom operator Bharat Sanchar Nigam Limited (BSNL) this month, a senior official has said. BSNL chairman and managing director PK Purwar at a recent event organised by the All India Graduate Engineers and Telecom officers Association (AIGETOA) said that the [...]
Russia-Ukraine tussle, COVID situation in China major drivers for markets this week: Analysts
Stock markets will be guided by global factors such as the Russia-Ukraine war, the COVID-19 situation in China and crude oil prices in absence of major domestic events this week, analysts said. Stock markets are expected to keep their winning momentum this week as FIIs may come back aggressively fuelling a further rally in the market, they added. [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
