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3 Large cap stocks with strong revenue guidance of 15% to add to your watchlist
Management guidance in large-cap stocks provides investors with forecasts of a company's future performance, including expected revenue and earnings. This helps shape investor expectations and can impact stock prices, particularly for stable, well-established companies. Strong guidance boosts investor confidence and reduces risks from market fluctuations. Here are a few large-cap stocks with robust Revenue Guidance [...]
Mukul Agrawal stock hits 5% upper circuit after receiving order from North Eastern Railways
The shares of the railway equipment manufacturer hit 5 percent upper circuit after the company bagged a prestigious order from North Eastern Railways worth Rs 1.58 crore. Oriental Rail Infrastructure Ltd has a market capitalization of Rs 1,750.05 crore, the shares were trading at Rs 284.75 per share, increasing around 5 percent as compared to [...]
Maharatna stock to buy with upside potential of 25%; Are you holding it?
The Oil Exploration and Production business in India is critical to satisfying the country's rising energy demands. In fiscal year 2023-24, crude oil output was roughly 27.17 million metric tons, while natural gas production was 12,135 MMSCM. The industry intends to dramatically increase exploration acreage by 2030, improving energy security and self-sufficiency. With a market [...]
Stock jumps 7% after receiving power supply order from Maharashtra Govt
The shares of this Micro-cap Infra company surged 7.5% in today's trading after securing a power purchase agreement tender to supply 9 MW solar power for Maharashtra Electricity Board Limited for 25 years. Stock Action: Ganesh Green Bharat Ltd., with a market capitalization of Rs. 967.24 Crores, saw its shares rise to Rs. 392 per [...]
5 Defence stocks to benefit after PM Modi approves defence deals worth ₹80,000 Cr
In a significant advancement for India’s naval and surveillance capabilities, The Cabinet Committee on Security chaired by Prime Minister Narendra approved major defence contracts totalling Rs 80,000 crores, including the acquisition of 31 Predator drones from the United States and indigenous construction of two nuclear submarines. The report said that the Indian Navy is set [...]
IT stock jumps 9% after receiving order worth ₹27.77 Cr from MHADA
IT stock engaged in offering geospatial engineering, mobility, enterprise solutions and many more jumped upto 9 percent in the day’s trade upon receiving a new work order worth Rs. 27.77 Croers from the Maharashtra Housing and Area Development Authority (MHADA). Price Action With a market capitalization of Rs. 1,478.72 Crores, the shares of Ceinsys Tech [...]
Financially strong stock to buy for an upside of more than 20%
One of the largest private wealth management firms in India surged more than 5 percent to Rs.1,065.00 per share after reputed brokerage firm UBS set a target price indicating potential growth. Share Price Movement In Thursday's trading session, 360 ONE WAM Ltd's share price reached an intra-day high of Rs.1,065.00 per share, marking a 5.4 [...]
Stock jumps 7% after receiving order worth ₹50.80 Cr from Govt. of Maharashtra
The shares of the operation & maintenance service provider gained up to 7 percent after the company bagged the prestigious work order from BrihanMumbai Municipal Corporation worth Rs 50.80 crore. With a market capitalization of Rs 402.21 crore, the shares of Markolines Pavement Technologies Ltd were trading at Rs 210.50 per share, increasing around 4.52 [...]
Stock under ₹30 jumps 4% after DII bought stake via bulk deal
During Thursday’s trading session, the shares of a company in the business of large-scale civil constructions surged nearly 4.6 percent to Rs. 31 on NSE, after a domestic institutional investor (DII) bought stake worth a total of nearly Rs. 2 crores on NSE via a bulk deal. With a market capitalisation of Rs. 307.8 crores, [...]
Who will take over the Tata group after Ratan Tata’s demise?
“I don’t believe in taking the right decisions. I take decisions and then make them right.” - Ratan Tata Born on 28th December 1937, business tycoon and philanthropist Ratan Tata passed away on the night of 9th October, at the age of 86. His remarkable contributions have left a lasting impact on India’s economy. Often [...]
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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
Vodafone Idea’s board to meet on Mar 3 to discuss fundraising
New Delhi, Feb 25 (PTI) Debt-ridden telecom firm Vodafone Idea Ltd (VIL) on Friday said its board will meet on March 3 to discuss the fundraising option. British telecom operator Vodafone Plc in a statement earlier stated that it will participate in VIL's fundraising process along with the Aditya Birla group. "A meeting of the [...]
TEC seeks inputs for norms to address ethical, social, legal issues in AI, ML
New Delhi, Feb 25 (PTI) Telecommunication Engineering Centre, which firms up standards for communication products sold in the country, has started a consultation process to develop a framework for fair assessment of artificial intelligence (AI) and machine learning (ML) systems to build public trust. The technical arm of the Department of Telecommunications has invited inputs [...]
Global crude rally: petrol, diesel prices lagging by Rs 6-8 a litre in absence of hikes, says report
Mumbai, Feb 25 (PTI) Domestic petrol and diesel prices are lagging by up to Rs 8 per litre in the absence of any hike in the prices to reflect the changes globally, since the announcement of state elections in December last year, domestic rating agency ICRA said in a report on Friday. The estimated lag [...]
Average wholesale prices of urad dal fall 5% in 1 year
New Delhi, Feb 25 (PTI) Average prices of urad dal in wholesale market have declined by five per cent in the past one year, the government on Friday said. The government has taken several proactive and pre-emptive measures to boost domestic availability and stabilise prices of essential food commodities, an official statement said. As per [...]
FM holds meeting with hospitality, tourism sectors; discusses credit-related issues
New Delhi, Feb 25 (PTI) Finance Minister Nirmala Sitharaman on Friday held a meeting with representatives from travel, tourism, civil aviation and hospitality sectors to discuss various credit related issues. The meeting was also attended by senior finance ministry officials and heads of various public sector banks (PSBs). "Along with the FM, the [...]
Mandaviya urges bulk drug manufacturers to invest more in research
New Delhi, Feb 25 (PTI) Union Minister Mansukh Mandaviya on Friday complimented the bulk drug manufacturers for making efforts towards making the country self-reliant in the sector and also urged them to invest more in research for making the industry competitive globally. The minister, in a virtual event, emphasised that the pharmaceutical sector in India, [...]
SFIO arrests 3 individuals for fraud in Jagat Agro Commodities case
New Delhi, Feb 25 (PTI) The Serious Fraud Investigation Office (SFIO) has arrested three people in connection with its probe into the affairs of Jagat Agro Commodities Pvt Ltd after finding that they indulged in fraudulent activities and diverted funds borrowed from banks, including Punjab National Bank. Satish Kumar Pawa, promoter and shareholder; Saurav Aggarwal, [...]
Each region has unique language-culture; strong Centre-State relations essential for development: FM
Mumbai, Feb 25 (PTI) Union Finance Minister Nirmala Sitharaman on Friday underlined the need for strengthening relations between the Centre and states to achieve developmental aspirations. Sitharaman said there are three pillars that will take India to its 100 years — a transition to green energy; soft and hard infrastructure; and a healthy and educated [...]
No containers available for Russian, Ukrainian ports
Kolkata, Feb 25 (PTI) Shipping liners have stopped booking export cargo destined for Russian and Ukrainian ports, officials said on Friday.Russia is the topmost destination for India’s engineering exports in the Commonwealth of Independent States (CIS) region.“Many shipping liners stopped supplying containers and taking bookings for Russian ports due to geopolitical uncertainty. MSC which is [...]
Govt appoints Vivek Aggarwal as RBI nominee director in Indian Overseas Bank
New Delhi, Feb 25 (PTI) Indian Overseas Bank (IOB) on Friday said the government has appointed Vivek Aggarwal on its board as an RBI nominee director with immediate effect. The government, vide notification dated February 25, has appointed Vivek Aggarwal, as an RBI nominee director in Indian Overseas Bank with immediate effect and until further [...]
Union Bank, NPCI launch credit card for MSME borrowers to meet biz expenses
New Delhi, Feb 25 (PTI) To tide over the challenges to meet business-related expenses by MSMEs, Union Bank of India and the National Payments Corporation of India (NPCI) have jointly launched a credit card for the borrowers, offering interest-free credit for up to 50 days. The 'Union MSME RuPay Credit Card' is a new digital [...]
Huge decline in domestic gas subsidy borne by Centre in three years, reveals RTI
Nagpur, Feb 25 (PTI) The payment of gas subsidy by state-run oil marketing companies (OMCs) has plummeted to Rs 2,706 crore for the first nine months of FY22, from Rs 37,585 crore in FY19, an RTI query has revealed. The query was filed by Nagpur resident Abhay Kolarkar, who sought information from the Ministry of [...]
Comm min sets up helpdesk for Russia-Ukraine-related international trade issues
New Delhi, Feb 25 (PTI) The commerce ministry on Friday said it has set up a help desk to support and resolve issues of traders on account of the conflict between Russia and Ukraine. Export-import communities can submit details of their issues on the DGFT website, on which support is required. In view of the [...]
TCS partners with University of Kashmir to improve employability skills of students
New Delhi, Feb 25 (PTI) IT major TCS on Friday said it has partnered with the University of Kashmir to launch a programme to improve employability skills of students in Kashmir under its corporate social responsibility (CSR) initiative. Under the programme, TCS will carry out its five initiatives – Youth Employment Program (YEP), BridgeIT, goIT, [...]
Maruti Suzuki drives in new WagonR at Rs 5.39 lakh
New Delhi, Feb 25 (PTI) The country's largest carmaker Maruti Suzuki India (MSI) on Friday launched the updated version of its hatchback WagonR priced between Rs 5.39 lakh and Rs 7.10 lakh (ex-showroom). The New WagonR is powered by the advanced K-series 1-litre and 1.2-litre engines mated with idle start-stop technology. The 1-litre trims are [...]
Govt promoting research for using plastic waste in steel-making: RCP Singh
Bhubaneswar, Feb 25 (PTI) Union Steel Minister RCP Singh said on Friday that the government was promoting research on using plastic waste in steel-making to create an environment-friendly "waste-to-wealth" model. Singh inaugurated a two-day conference of ministers of mines and industries from states at Konark in Odisha, according to an official release. During the nearly [...]
Research to use plastic waste in steel making being done by various cos: Steel minister
New Delhi, Feb 25 (PTI) Union Steel Minister Ram Chandra Prasad Singh on Friday said research to use plastic waste in steel making is being done by various companies. Singh also emphasised on Prime Minister Narendra Modi's vision of creating wealth from waste. He was speaking during a two-day Conference of Ministers of Mines and [...]
Gold bond issue price fixed at Rs 5,109/gm; subscription opens Monday
Mumbai, Feb 25 (PTI) The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 5,109 per gram of gold, the Reserve Bank of India (RBI) said on Friday. The Sovereign Gold Bond Scheme 2021-22 - Series X [...]
Union Bank of India extends tenure of chief risk officer for further 3 months
New Delhi, Feb 25 (PTI) Union Bank of India (UBI) on Friday said it has approved the extension of B S Venkatesha as the chief risk officer for three months. "The board of directors of the bank, at its meeting held today, February 25, 2022, approved the extension of tenure of B S Venkatesha, chief [...]
USAID plans feasibility study on inland waterways to boost cross border trade
Kolkata, Feb 25 (PTI) The US Agency for International Development (USAID) is planning to take up a feasibility study on inland waterways trade possibility through the Padma river of the neighbouring country by creating a channel from Farakka itself, to reduce 400-500 km distance to connect north-eastern states and Bangladesh. The Cross Border Infrastructure and [...]
Russia-Ukraine crisis: ‘Commodity, raw material prices may see steady rise; steel output to be hit’
New Delhi, Feb 25 (PTI) Amid the Russia-Ukraine crisis, the commodity and raw material prices, including coking coal, will see a steady increase and this will in turn impact the input cost of steel production, the Indian Steel Association on Friday said. On the other hand, both Russia and Ukraine are net exporters of steel, [...]
Budget should focus on getting more investment in central, southern districts: CII tells TN govt
Chennai, Feb 25 (PTI) The Confederation of Indian Industry (Tamil Nadu) has recommended to the state government that the forthcoming budget should be focused in bringing in more investment, especially in central and southern districts. In a set of pre-budget recommendations submitted to the Minister of Finance and Human Resources Management Palanivel Thiaga Rajan recently, [...]
RBI extends tenure of its additional director G Jagan Mohan on board of Dhanlaxmi Bank for 2 yrs
New Delhi, Feb 25 (PTI) The Reserve Bank has extended the tenure of its additional director G Jagan Mohan on the board of Dhanlaxmi Bank by two years, as per a regulatory filing on Friday. The central bank, vide letter dated February 25, 2022, has extended the term of office of G Jagan Mohan, RBI [...]
Bihar Economic Survey Report says state’s growth performance better than national average
Patna, Feb 25 (PTI) The 16th Bihar Economic Survey Report (ESR)- 2021-22 has termed the growth performance of the state as “better" than the national average. It mentioned the agriculture and allied sectors grew at a pace of 2.1 per cent during the last five years (2016-17 to 2020-21) in the state. Deputy Chief Minister [...]
Forex reserves jump by USD 2.76 bn to USD 632.95 bn
The country's foreign exchange reserves increased by USD 2.762 billion to USD 632.952 billion for the week ended February 18 on a healthy rise in the value of gold reserves and core currency assets, the RBI said on Friday. In the previous reporting week, the overall reserves had declined by USD 1.763 billion to USD [...]
NEWSALERT
'Disturbances' to severely hamper eco recovery in India, world; recovery needs to be sustainable, sans disruptions, for humanity's welfare: FM. PTI HRS HRS hrs
IIFL Securities pays over Rs 2 cr to settle case with Sebi
New Delhi, Feb 25 (PTI) IIFL Securities on Friday paid settlement amount of over Rs 2 crore to markets regulator Sebi in order to settle a case. The company was alleged to have violated stock brokers regulation as well as Prohibition of Fraudulent and Unfair Trade Practices regulation. It was alleged that IIFL Wealth Management Ltd [...]
Govt has taken lot of steps to clean realty sector; black money in property deals has reduced: Secy
The government has taken a lot of steps to clean India's real estate sector and the component of black money in property transactions has reduced, Housing and Urban Affairs Secretary Manoj Joshi said on Friday. Addressing a realty conference organised by NAREDCO-MAHI, the association's women wing, he said the stamp duty in property transactions has [...]
No direct impact of Russia-Ukraine crisis on India
New Delhi, Feb 25 (PTI) There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past USD 100 per barrel "pose risks to external stability [...]
Rupee rebounds 27 paise to 75.33 against US dollar
Mumbai, Feb 25 (PTI) The rupee appreciated by 27 paise to close at 75.33 against the US dollar on Friday in line with regional currencies, following a retreat in crude oil prices and a rebound in domestic equities. At the interbank forex market, the local unit opened at 75.31 against the greenback and witnessed an [...]
It is like Y2K moment; national data centre, cloud policy chance for startups: Minister Rajeev Chandrasekhar
Chennai, Feb 25 (PTI) The post-Covid situation was like the Y2K moment for the information and technology (IT) sector, industry and startups to use the opportunity with the national data centre and cloud policy, said Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Friday. Chandrasekhar held a consultation meet with the [...]
akudo, India’s First Ed-fintech Startup, Registers 1 Million Members on its Platform
Bengaluru, Karnataka, India (NewsVoir) • 50% of the users from Tier 2 cities - Patna, Lucknow, Indore, Ranchi • Records a 100% MoM growth in the last five months • Plans to reach 5 million+ households by the end of 2022 akudo, India’s learning-first neobank for teens, announced a staggering 500% increase in its registered [...]
J-K govt reserves industrial estate at Udhampur for women entrepreneurs
Jammu, Feb 25 (PTI) The Jammu and Kashmir government on Friday declared the industrial estate at Udhampur as 'women industrial estate' to promote women entrepreneurship in the Union Territory. "To promote women entrepreneurs in Jammu and Kashmir, the administrative council (AC) under the chairmanship of the Lieutenant Governor, Manoj Sinha, today (Friday) declared the industrial [...]
Air India evacuation flights timeline from foreign countries during times of conflict
Over the decades, Air India has been the key airline when it comes to evacuating Indians from foreign countries during times of conflict. The carrier also has the distinction of carrying out the largest evacuation of people by a civil airliner and the same is mentioned in the Guinness World Records. The recognition came for [...]
Fortum, BSES Yamuna Power launch EV chargers with load balancing
New Delhi, Feb 25 (PTI) Fortum Charge & Drive India on Friday said it has partnered with BSES Yamuna Power Ltd to launch a first-of-its-kind pilot project on load balancing in India. The pilot project will focus on serving intelligent distribution of available load among chargers and Electric Vehicles (EVs), a statement said. "Fortum Charge [...]
Appridat Solutions, LLC provides H1B Visa Sponsorship Programme Pan India
Sponsorship to work in the United States with Appridat Solutions, LLC BENGALURU, India, Feb. 25, 2022 /PRNewswire/ -- Appridat Solutions, LLC is sponsoring H1B Visa applications for the fiscal year 2022-2023. The process for Visa application has already begun, and they are currently accepting applications across the nation and conducting interviews for the initial phase. [...]
Shriram Transport Finance raises Rs 900 cr by issuing bonds
New Delhi, Feb 25 (PTI) Shriram Transport Finance Company (STFC) on Friday said it has raised Rs 900 crore by issuing bonds on a private placement basis and the proceeds from the issue will be used for further lending and other business purposes. The allotment committee of the company in its meeting on Friday approved [...]
Deja vu: Ukraine crisis brings back memories of AI’s Kuwait evacuation three decades ago
New Delhi, Feb 25 (PTI) More than three decades ago, thousands of Indians were ferried in buses to Jordan from Kuwait, which was then under attack from Iraq, before they were flown to India, mostly by Air India. The mass evacuation of Indians in 1990 from Kuwait, which also found a place in the Guinness [...]
E-Commerce and the Festive Economy: An Opportunity for 6.3 Crore MSMEs to Double Their Revenue and Scale Business
Platforms like Amazon helped onboard close to 2.2 crore MSMEs onto e-commerce amid COVID-19 pandemic: Experts New Delhi, Delhi, India – Business Wire India The Indian e-commerce industry is set to grow by 84% to $111 billion by 2024. The Indian e-commerce market has transformed the way business is carried out in India, especially over [...]
Avitash Shrivastava All Set for Bollywood Debut with Sirf Ek Friday, begins Shooting on his Birthday
Mumbai, Maharashtra, India (NewsVoir) ‘This is the magic of fate, it was meant to happen', Avitesh Shrivastava tells us as he feels strongly, it's his beloved father, Aadesh Shrivastava who made him meet MansiBagla who offered him this role. Avitesh's debut film Sirf Ek Friday was recently announced and he is currently soaking in all [...]
Grow your Savings with High FD Rates by Investing in a Bajaj Finance FD
Pune, Maharashtra, India (NewsVoir) There are many ways to grow one's wealth, and investing money is arguably the best approach. With a proper plan and a diversified portfolio, one can steadily generate wealth for years to come. However, this requires investors to choose instruments that can reliably earn returns. One such investment is the fixed [...]
Vedanta’s shares gain 7% on CRISIL Ratings upgrade
Shares of Vedanta Ltd on Friday ended with over seven per cent gain after CRISIL Ratings upgraded its long-term rating. On the BSE, the company's shares ended 7.28 per cent higher at Rs 362.5 apiece. Intra-day, it was trading at a high of Rs 365.4. Similarly, on the National Stock Exchange (NSE), it settled at [...]
Investors’ wealth jumps over Rs 7.72 lakh cr as markets rebound
Investors' wealth on Friday jumped over Rs 7.72 lakh crore as the broader market clawed back some of its lost ground, a day after Russia's attack on Ukraine roiled investor sentiments. On Friday, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent, in line with higher global markets, as the US and allies [...]
Female employees break a Tata Steel glass ceiling
Dhenkanal, Feb 25 (PTI) Tata Steel has deployed four female employees as stacker-cum-reclaimer (SCR) operators for the first time at its Meramandali plant in Odisha's Dhenkanal district. The female operators will work in the raw material handling system through a vendor partner, Tata Steel said in a release on Thursday. The female SCR operators, who [...]
MUMMBAI, FEB 25
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 65165.00 65174.00 STANDARD GOLD (99.5) : 50664.00 50464.00 PURE GOLD (99.9) : 50868.00 50667.00 -------------- PTI MUM SVC SVC SVC
Airtel to acquire Vodafone’s 4.7% stake in Indus Towers if funds are used for VIL
Telecom operator Bharti Airtel on Friday said it has signed an agreement to buy Vodafone's 4.7 per cent stake in Indus Towers on the condition that the proceeds will be used for investment in Vodafone Idea and clearing its dues towards the mobile tower company. Debt-ridden Vodafone Idea (VIL) has been unable to pay [...]
India’s organised dairy industry to witness 12 pc y-o-y revenue growth in FY22: Report
Mumbai, Feb 25 (PTI) The organised dairy industry is likely to witness 12 per cent revenue growth this financial year to reach Rs 1.6 lakh crore, mainly due to recovery in demand for value-added products (VAPs), steady liquid milk sales and a hike in the retail price, a report said on Friday. Revenue of India's [...]
Green Thumps Capital Private Limited is funding startups to thrive in their business journey with money, mind, and mentorship!
Since the dawn of the startup era, enterprises in their very early or early stages have shown the world incorrectly that "businesses operate on money, not ideas." Green Thumps Capital Private Limited, a venture capitalist firm, is investing in businesses across nations that have the potential to prove the world wrong and stand out from [...]
Sensex, Nifty rebound tracking recovery in global peers; log weekly losses
Mumbai, Feb 25 (PTI) A day after suffering their worst session in about two years, benchmark indices Sensex and Nifty rebounded up to 2.5 per cent on Friday, in line with higher global markets as the US and allies put up a united front to punish Russia with harsher sanctions over the Ukraine conflict. A [...]
NEWSALERT
Acquisition of 4.7 pc Vodafone stake in Indus Towers only if it is for infusion in Vodafone Idea and clearing tower firm's dues: Airtel. PTI PRS ABM ABM
CEPA to help gems, jewellery sector achieve USD 52 bn exports target in FY23: GJEPC
Mumbai, Feb 25 (PTI) The Comprehensive Economic Partnership Agreement (CEPA), signed between India and the UAE, will boost the gems and jewellery industry and help the sector achieve the target of USD 52 billion exports in 2022-23, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday. "On the export front, the CEPA with [...]
All Adani group stocks surge in today’s session – Adani Power up 10.93%
The Indian markets on Friday were able to recoup from yesterday's losses and snapped the seven days losing streak by gaining over 2 per cent. This was mainly driven by a recovery in global markets and buying across the sectors including PSU Bank, power, metal and realty. However, the number of stocks hitting the lower [...]
Get an Assured Cashback of Rs. 5,000 on the Purchase of Sony Home Theatre System and Speakers from the Bajaj Finserv EMI Store
Shop for Sony home theatre on No Cost EMI at the Bajaj Finserv EMI Store & also avail of other facilities like zero down payment & free home delivery Pune, Maharashtra, India (NewsVoir) Get ready for impressive audio and visual experience with Sony Home Theatres. Shoppers can now conveniently buy their favourite Sony home theatre [...]
Sebi proposes to allow FPIs to participate in commodity derivatives mkt, issues consultation paper
New Delhi, Feb 25 (PTI) Markets regulator Sebi has proposed allowing foreign portfolio investors (FPIs) to participate in the exchange-traded commodity derivatives market. In its consultation paper, the regulator has suggested that FPIs should be allowed to trade in all non-agricultural commodity derivatives and a few selected broad agricultural commodity derivatives, to begin with. The [...]
MUMBAI, FEB 25
(PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 760.00 COPPER HEAVY SCRAPS 750.00 COPPER ARMATURE (CREDIT) 731.00 COPPER UTENSILS SCRAP 650.00 CC ROD 797.00 BRASS :- BRASS SHEET CUTTING 550.00 BRASS UTENSIL SCRAP 495.00 BRASS HONEY 488.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 197.00 ALUMINIUM EXTRUSION SCRAP 229.00 ALUMINIUM INGOTS 275.00 OTHER : [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 25 (PTI) OILS (per 10 Kgs) G.Nut Raw 1490.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1460.00 Sunflower Exp.Ref. 1520.00 Cottonseed(Refined) 1490.00 Refined Palm Oil 1405.00 Soyabean Ref. 1485.00 Imp.Soyabean Crude - Rapeseed Ref. 1550.00 Rapeseed Exp. 1520.00 Copra white 1520.00 Rice Bran 4-7% FFA - Rice Bran 1300.00 Linseed 1930.00 Castor [...]
Coal India arm MCL on track to outstrip annual production target for FY’22
New Delhi, Feb 25 (PTI) Coal India on Friday said that its Odisha-based arm MCL is on track to outstrip its annual production target of 163 million tonnes (MT) for the ongoing fiscal. Mahanadi Coalfields Ltd (MCL) on Thursday breezed past its highest-ever production that it recorded in FY'21, 35 days ahead of FY'22-end. "Averaging [...]
New Western sanctions to break Russian supply chains, President Putin told
Moscow, Feb 25 (PTI) The new round of sweeping Western sanctions on Russia after it launched an all-out military operation against Ukraine may hit the country's critical supply chains, head of one of Russia's biggest business groups has told President Vladimir Putin.The US and its allies have decided to block assets of four large Russian [...]
Govt to set up centres for transformational artificial intelligence: MyGov CEO
New Delhi, Feb 25 (PTI) The Ministry of Electronics and IT will set up centres for transformational artificial intelligence that will collaborate with academia and industry to develop AI-based solutions, a senior government official said on Friday. MyGov CEO Abhishek Singh, who also heads Digital India Corporation and National e-Governance Division, said that a fund [...]
BML Munjal University Hosts Successful Second Season of Leadership Summit 2022
The 2-day summit concludes urging corporations to adopt the new language of sustainability Gurugram, Haryana, India (NewsVoir) BML Munjal University (BMU), a Hero Group initiative, hosted a two-day virtual Leadership Summit on 17th and 18th February 2022. The second edition of the summit was attended by business leaders, policy makers, educators and entrepreneurs who discussed [...]
Get Exclusive Cashback up to Rs. 3,000 on Whirlpool Refrigerators on the Bajaj Finserv EMI Store
Pune, Maharashtra, India The Bajaj Finserv EMI Store has announced exclusive offers and deals on Whirlpool refrigerators across price and capacity ranges. With EMIs starting from Rs. 834, customers can purchase the best Whirlpool refrigerators and avail cashback vouchers of up to Rs. 3,000 on their purchase. Equipped with durable compressors, Whirlpool refrigerators offer a [...]
Crisil upgrades Vedanta’s credit rating; outlook revised to stable
New Delhi, Feb 25 (PTI) Crisil on Friday said it has upgraded its rating on the long-term bank facilities and debt instruments of Vedanta Ltd to 'AA'. Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. "Crisil Ratings has [...]
Tata Steel completes maiden multi-modal shipment of TMT bars from West Bengal to Assam via IBProute
New Delhi, Feb 25 (PTI) Tata Steel on Friday reiterated its commitment to build a sustainable future by shipping nearly 1,800 tonnes of finished steel products from Haldia Port in West Bengal to Pandu Port in Assam using the Indo-Bangladesh Protocol (IBP) route via Brahmaputra River. This shipment of Tata Steel's TMT bars that arrived [...]
ESIC scheme adds 15.26 lakh new members in December
New Delhi, Feb 25 (PTI) Around 15.26 lakh new members joined the ESIC-run social security scheme in December 2021 against 10.39 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 [...]
Defence Ministry to create panel to monitor budget spending so that it is fully utilised: Rajnath
The Defence Ministry will create a panel with representatives from all three services to monitor its budget spending so that it is fully utilised in time, Defence Minister Rajnath Singh said on Friday. The government's commitment to reducing imports and modernising armed forces with indigenous technology has been given further impetus in this budget, he [...]
Crude oil futures decline on low demand
New Delhi, Feb 25 (PTI) Crude oil futures on Friday dropped 1.98 per cent to Rs 7,131 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for the March delivery fell by Rs 144, or 1.98 per cent, to Rs 7,131 per barrel with a business volume [...]
Guar seed futures rise on fresh bets
New Delhi, Feb 25 (PTI) Guar seed prices on Friday rose by Rs 118 to Rs 5,853 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend at the spot market. On the National Commodity and Derivatives Exchange, guar seed for March contracts increased by Rs 118, or [...]
Guar gum futures gain on demand
New Delhi, Feb 25 (PTI) Guar gum prices on Friday gained Rs 120 to Rs 10,700 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 the March delivery traded higher 1.13 per cent, or Rs 120, to Rs [...]
Russia-Ukraine crisis to further hamper coal supply to CPPs, industries: ICPPA
New Delhi, Feb 25 (PTI) The Russia-Ukraine military conflict, which has increased energy prices globally, will reduce the propensity to import coal by power plants and will further hamper the supply of fuel to captive power plants and industries like steel, aluminium from state-owned Coal India, ICPPA said on Friday. According to the Indian Captive [...]
BMW India commences bookings for new X4
New Delhi, Feb 25 (PTI) Luxury automaker BMW India on Friday said it has commenced pre-launch bookings for the new X4. The much-awaited Sports Activity Coupe will be available in a special 'Black Shadow Edition' in limited numbers only, the automaker said in a statement. The car can be exclusively reserved online through the BMW Shop [...]
Ministry mulling PLI scheme for chemical sector: Mandaviya
New Delhi, Feb 25 (PTI) Chemicals and Fertilisers Minister Mansukh Mandaviya on Friday said the ministry is planning to bring production linked incentive (PLI) scheme for the chemical sector to boost domestic production and exports. Addressing a seminar, the minister said the government has launched PLI schemes for different sectors to make Indian self-reliant. "We [...]
Jagran Lakecity University Announces Launch of Central India’s Groundbreaking Football Talent Development Programme
Becomes principal sponsor of Rajasthan United Football Club, an I-League senior professional premier football club Bhopal, Madhya Pradesh, India (NewsVoir) JagranLakecity University today announced the launch of a groundbreaking talent development programme that will enable talented football players, schools and clubs in central India to optimise their potential, structures, establish sustainable and long-term scouting schemes [...]
DoT writes to TRAI to expedite spectrum views; says PMO keen on initial launch of 5G by Aug 15
The telecom department has approached TRAI requesting it to expedite spectrum recommendations, after the PMO urged it to work towards the initial launch of 5G by August 15, 2022 and explore possibility of obtaining requisite views from the regulator before March. The market is gearing up for roll out of 5G services that will usher [...]
Can Indian investors invest in Russian Securities?
However, the Moscow stock exchange has suspended trading amid the Russia Ukraine crisis on Thursday.A sharp fall in Russian stocks was noticed after a lot of countries imposed sanctions that targeted Russian banks and their debt markets.Indian investors can invest in Russian markets due to the tie-up between INX Global Access IFSC Ltd and Sova [...]
BAL Pharma Limited’s Credit Rating by Acuite Ratings & Research is upgraded
BANGALORE, India, Feb. 25, 2022 /PRNewswire/ -- BAL Pharma, a fully integrated pharmaceutical company specialized in Bulk Actives, Prescription Drugs, Generics and pharma intermediates, has announced that the leading credit rating agency, Acuite Ratings & Research has upgraded its ratings. The ratings for Long Term Fund based facilities and Long term-Term Loan facilities have been [...]
4ever Bold: Pre-Launch Bookings Open for the New BMW X4
Gurugram, Haryana, India – Business Wire India BMW India has opened pre-launch bookings for the new BMW X4. The much-awaited Sports Activity Coupe will be available in a special ‘Black Shadow Edition’ in limited numbers only. The car can be exclusively reserved online through the BMW Shop for INR 50,000 only. New exterior looks, modern [...]
Oil retreats, still above $100; no supply shocks for India
International oil prices retreated from an over seven-year high but was still above USD 100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the [...]
DBS Bank India migrates to new IFSC and MICR codes of erstwhile Lakshmi Vilas Bank (LVB)
• New IFSC codes for all LVB branches activated since 25th October 2021; older IFSC codes will be valid until 28th February 2022 • New IFSC codes communicated to customers through letters/emails/SMS, LVB website and at branches • New cheque books (with new MICR code) made available to customers MUMBAI, India, Feb. 25, 2022 /PRNewswire/ [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 25 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 65165.00 STANDARD GOLD (99.5) : 50664.00 PURE GOLD (99.9) : 50868.00 --------- CALCUTTA BULLION :- N/A.----------- PTI MUM SVC SVC SVC
SBI-DIRECT EXCHANGE RATES
MUMBAI, FEB 25 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE ) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 74.87 75.72 74.81 75.88 EUR/INR 83.41 85.54 83.34 85.71 GBP/INR 99.91 102.24 99.83 102.44 JPY/INR 64.53 66.14 64.48 [...]
Bilateral payments with Russia unlikely to be impacted amid sanctions
New Delhi, Feb 25 (PTI) Bilateral payments with Russia may not be impacted even as the US and other western countries have imposed economic sanctions on Moscow in the wake of the attack on on Ukraine. India and Russia bilateral payments are made in Indian rupee. For both imports and exports, payments are made or [...]
Gulf Islamic Investments Invests INR 500 Million in Carpediem Capital Backed Group Operating 1-India Family Mart
Leading Value Retail Chain with 100 Plus Stores Across India Mumbai, Maharashtra, India – Business Wire India • Funds will boost the expansion plan of the group. • Fuel inorganic growth as the group plans to double number of stores in the next 2 years. • To set up indigenous e-commerce business thereby becoming omni-channel [...]
MAK Lubricants – ‘Lubricating the Future of Mobility’
Launches MAK e-Drive, a lubricant for EVs in advent of ‘Future of Mobility’ along with 4 new products for the evolving requirements of new age consumers Mumbai, Maharashtra, India (NewsVoir) Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has introduced four new MAK lubricant products. Each product is designed to [...]
Watch out for family history and other risk factors to diagnose and manage heart failure on time
Poor health is not caused by something we don't have; it's caused by disturbing something we already have been blessed with. Our day-to-day activities affect our health. Modern sedentary lifestyles and work styles coupled with deleterious dietary habits, avoidable stress to meet deadlines, lack of exercise, smoking, and alcohol will eventually add pressure on our [...]
CBI arrests ex-NSE GOO Anand Subramanian over irregularities in National Stock Exchange
The CBI has arrested former NSE group operating officer Anand Subramanian after expanding its probe into a co-location scam in the exchange following "fresh facts" in a SEBI report that referred to a mysterious yogi guiding the actions of former CEO Chitra Ramkrishna, officials said on Friday. Subramanian was taken into custody late Thursday night [...]
Investors’ wealth jumps over Rs 7 lakh crore in morning trade
Investors' wealth surged by more than Rs 7 lakh crore in the first hour of trading on Friday as the broader market clawed back some of its lost ground, a day after Russia's attack on Ukraine roiled investor sentiments. Starting off on a strong footing, the 30-share BSE Sensex soared over 1,240 points or around [...]
This Bankrupt stock has gone up 6900% in a year
The company is loss-making and has filed for bankruptcy.Its 52-week high was ₹194.50.It is an agri-biotech company that initiates projects based on innovative solutions for socio-economic problems. Agri biotechnology firm Equipp Social Impact Technologies Limited’s stock has given multi-bagger returns in the last year. In January 2021, the stock was trading at ₹1 levels and [...]
Peak India Joins India Diversity Forum as a Corporate Member
Focus on implementing and promoting global practices on Diversity & Inclusion New Delhi, Delhi, India – Business Wire India Peak, an international Decision Intelligence platform founded in Jaipur, announced their partnership with India Diversity Forum (IDF), an independent industry body working in the field of Diversity and Inclusion (D&I). IDF was formed to spread awareness [...]
Leena AI Introduces Workplace App on Microsoft Teams so Organizations can Create a Safer Return to Work
COVID-19 Workplace Response Now launches on Microsoft Teams NEW DELHI, Feb. 25, 2022 /PRNewswire/ -- Leena AI, an innovative technology solution that's transforming the employee experience, today announced the launch of the Covid-19 Workplace Response app on the Microsoft Teams marketplace. The app is designed to help organizations easily track and maintain employee vaccination and [...]
CSS Corp and SupportLogic Announce Strategic Partnership to Deliver Proactive Customer Support Experience
Customers to unlock the power of AI to personalize engagement Bangalore, Karnataka, India – Business Wire India CSS Corp and SupportLogic have announced a strategic partnership to help businesses elevate their customer support experience proactively by preventing escalations, improving backlog management, and reducing customer adoption barriers. The partnership will also see SupportLogic and CSS Corp [...]
EV maker OSM to supply 1,500 e-cargo 3-wheelers to logistics provider Zyngo for last-mile delivery
Mumbai, Feb 25 (PTI) Electric vehicle maker Omega Seiki Mobility (OSM) has formed a strategic partnership with logistics provider Zyngo to supply 1,500 e-cargo three-wheelers 'Rage+' to the latter for last-mile delivery pan-India, a release said on Friday. The company, which is a part of the Faridabad-based Anglian Omega Group, also said that it is [...]
PaaSoo Technology Unveils New Logo to Mark European Growth
DUBLIN, Feb. 25, 2022 /PRNewswire/ -- PaaSoo Technology, known within cloud communications industry for allowing enterprises to optimize sending and receiving SMS via APIs, unveils new logo in the world's biggest tech fair, Mobile World Congress (MWC) Barcelona. Since 2016, the fast-growing tech company has gained a reputation for reliability, flexibility and security of its [...]
New High-Performance, Low-Power Supermicro Edge Systems Extend Edge Solutions Portfolio — Opens New Telco, Industrial, and Intelligent Edge Opportunities
Platforms Deliver Up to Double the Performance Per Watt and Increased Core Count Leveraging Advanced Intel Xeon-D (Formally Known as Icelake-D) Processors SAN JOSE, Calif., Feb. 24, 2022 /PRNewswire/ -- Super Micro Computer, Inc. (SMCI), a global leader in high-performance computing, storage, networking solutions, and green computing technology, announces new servers that incorporate the latest [...]
DoT urges TRAI to expedite spectrum recommendations as PMO keen on initial launch of 5G by Aug 15
New Delhi, Feb 24 (PTI) The Telecom Department has urged TRAI to expedite recommendations on spectrum, as it cited PMO's request to the department to work towards the initial launch of 5G by August 15, and to possibly obtain the regulator's views before March2. The move assumes significance as the industry is gearing up for [...]
UK to ban Aeroflot airline in ‘largest package’ of Russian sanctions
London, Feb 24 (PTI) Prime Minister Boris Johnson on Thursday announced an imminent ban on the ability of the Aeroflot airline to operate in the UK as he outlined a new tranche of sanctions against Russia following President Vladimir Putin's invasion of Ukraine. The “largest and most severe package” of economic sanctions against Russia tabled [...]
Russia’s military ops in Ukraine a ‘forced measure’; don’t intend to ‘damage’ global eco system: Putin
Moscow, Feb 24 (PTI) Russia's special military operation in Ukraine is a "forced measure" and Moscow was left without other options, President Vladimir Putin said on Thursday while assuring the international community that Russia did not intend to "damage" the global economic system.President Putin announced a military operation in Ukraine early Thursday. The assault began [...]
IOC to be dropped from Nifty 50 from Mar 31; Apollo Hospitals to move in
New Delhi, Feb 24 (PTI) Apollo Hospitals Enterprise Ltd will replace Indian Oil Corporation Ltd from National Stock Exchange's benchmark index Nifty 50 from March 31. The Index Maintenance Sub-Committee Equity (IMSC) of NSE Indices Limited has decided to make it a part of its periodic review, according to a press release on Thursday. Apart [...]
UK to ban Aeroflot airline in ‘largest package’ of Russian sanctions
London, Feb 24 (PTI) Prime Minister Boris Johnson on Thursday announced an imminent ban on the ability of the Aeroflot airline to operate in the UK as he outlined a new tranche of sanctions against Russia following President Vladimir Putin's invasion of Ukraine.The “largest and most severe package” of economic sanctions against Russia tabled in [...]
Russia’s military ops in Ukraine a ‘forced measure’; don’t intend to ‘damage’ global eco system: Putin
Moscow, Feb 24 (PTI) Russia's special military operation in Ukraine is a "forced measure" and it was left without other options, President Vladimir Putin said on Thursday while assuring the worried international community that Moscow did not intend to "damage" the global economic system.President Putin announced a military operation in Ukraine early Thursday.The assault began [...]
Mizoram CM presents budget for FY23, proposes no new taxes
Aizawl, Feb 24 (PTI) Mizoram Chief Minister Zoramthanga on Thursday presented the state budget for 2022-23 with a total outlay of Rs 14,008 crore, and no proposal for levying new taxes or increasing existing rates.He also presented the supplementary demands for grants for the 2021-22 fiscal, amounting to Rs 6,025.44 crore.Zoramthanga, who holds the finance [...]
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