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IT stock jumps 10% after it invests ₹ 1.49 Cr in health-tech company
Shares of a leading innovator in the fintech sector and business solution provider moved up by 9.4 percent on BSE to Rs. 24.25 on Wednesday, after the Board of the company made an equity investment in a health-tech company, marking its entry into the healthcare technology sector. With a market capitalisation of Rs. 710 crores, [...]
Ashish Kacholia stock jumps 4% after it enters into agreement with Indiabulls Real Estate
The shares of a small-cap fintech software company rose by 4% after signing an agreement with Equinox India Pvt Ltd, to provide Saas platform for managing employee and engagement programs. Share price variations: With a market capitalization of Rs. 5,247.57 crores, Zaggle Prepaid Ocean Services Ltd. surged to an intraday high of Rs. 441.40, marking [...]
Financially strong stock jumps 5% after company’s board to consider bonus issue
Financially strong stock engaged in the business of offering a range of travel-related products and services jumped upto 5 percent in the day’s trade upon declaring an intention to issue bonus shares of the company. Price Action With a market capitalization of Rs. 6,054 Crores, the shares of Easy Trip Planners Limited were trading at [...]
Steel stock jumps 3% after signing agreement with NTPC for procurement of iron ore lump
Shares of this newly listed iron and steel manufacturing stock surged over 3 percent to Rs.253.45 per share after signing a three-year agreement with NTPC Ltd for the supply of iron ore. Share Price Movement In Wednesday's trading session, Vraj Iron and Steel Limited's share price reached an intraday high of Rs.253.45 per share, rising [...]
IT stock hits 20% upper circuit after receiving order worth ₹331.61 Cr from the Govt of Maha
IT stock engaged in offering geospatial engineering, mobility, enterprise solutions and many more hit a 20 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 331.61 Crores from the Government of Maharashtra. Price Movement With a market capitalization of Rs. 1,412 Crores, the shares of Ceinsys Tech Limited hit [...]
IT stock jumps 3% after company acquires additional 13% stake in Swiss gaming firm
The shares of this global technology company that specializes in providing product engineering solutions jumped 3.1% on Wednesday’s trade after it acquired an additional 13% stake in N-Dream AG, a Switzerland-based gaming firm. Stock Action: Shares of KPIT Technologies Ltd, with a market capitalization of Rs. 48,002.58 Crores, rose to Rs. 1,767.70 per share, from [...]
Auto stock to sell for downside of 15%; Are you holding it?
According to ICRA, the Commercial Vehicles (CV) industry in India is poised for growth, with retail volumes increasing by 2.9% year-on-year in the first ten months of FY2024. Tata Motors leads the market with a 38% share, contributing to over 967,000 units sold in FY2023, reflecting a strong economic recovery and infrastructure investment. With a [...]
Water management stock jumps 5% after acquiring South African based company for expansion
Water management stock engaged in the entire value chain from concept to commissioning and execution of water supply projects jumped upto 5 percent in the day’s trade following the expansion of operations through the acquisition of a South African company. Price Movement With a market capitalization of Rs. 4,340 Crores, the shares of WPIL Limited [...]
Railway stock hits 5% upper circuit after receiving ₹64 Cr order for electrification system
Shares of this railway electrification company reached the 5 percent upper price band on Wednesday after securing a Rs. 643.88 million contract for Overhead Equipment (OHE) and Traction Substation (TSS) work for a new line section at Araria-Thakurganj, facilitated by Rail Vikas Nigam Limited. Price Movement In Wednesday's trading session, BCPL Railway Infrastructure Limited's share [...]
Auto ancillary stock jumps 6% after announcing demerger of auto and industrial business
The shares of the leading automotive service provider gained up to 6 percent after the company’s board approved the segregation of its automotive and industrial businesses. With a market capitalization of Rs 26,469.58 crore, the shares of SKF India Ltd were trading at Rs 5,354.10 per share, increasing around 3.52 percent as compared to the [...]
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Top Editor’s Pick
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
Latest Market News
MUMBAI, FEB 23
(PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 750.00 COPPER HEAVY SCRAPS 740.00 COPPER ARMATURE (CREDIT) 721.00 COPPER UTENSILS SCRAP 647.00 CC ROD 796.00 BRASS :- BRASS SHEET CUTTING 544.00 BRASS UTENSIL SCRAP 495.00 BRASS HONEY 486.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 191.00 ALUMINIUM EXTRUSION SCRAP 223.00 ALUMINIUM INGOTS 273.00 OTHER : [...]
Bikaji Foods International files for IPO estimated to be worth Rs 1,000 crore
Bikaji Foods International, a leading manufacturer of snacks and sweets, has filed preliminary papers with markets regulator Sebi for an initial public offer estimated to be worth Rs 1,000 crore. Certain shareholders of the Rajasthan-based company, including two promoters, plan to offload around 2.94 crore shares through the Offer For Sale (OFS) route. Bikaji was [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 23 (PTI) OILS (per 10 Kgs) G.Nut Raw 1415.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1330.00 Sunflower Exp.Ref. 1400.00 Cottonseed(Refined) 1410.00 Refined Palm Oil 1335.00 Soyabean Ref. 1378.00 Imp.Soyabean Crude - Rapeseed Ref. 1570.00 Rapeseed Exp. 1540.00 Copra white 1500.00 Rice Bran 4-7% FFA - Rice Bran 1290.00 Linseed 1950.00 Castor [...]
Ukraine: world financial markets have not broken sweat since the Russian escalation – why?
London, Feb 23 (The Conversation) The economic consequences of armed conflicts have received widespread attention at least as far back as when John Meynard Keynes wrote about them in 1919 in relation to the first world war. Yet as the world braces for a possible war in Ukraine, we still know relatively little about the [...]
TVS Motor Company Clocks 1 Million Two-wheeler Export Milestone in FY 21-22
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that its two-wheeler exports clocked 1 million units (including sales from TVS Motor Company and PT TVS, Indonesia) in FY21-22. The company has achieved this significant export milestone in a financial year for the first time. The key exports [...]
Max Estates leases 1.05 lakh sq ft office space in Delhi’s Okhla at around Rs 16 cr annual rent
New Delhi, Feb 23 (PTI) Max group firm Max Ventures & Industries Ltd (MaxVIL) has completely leased 1.05 lakh square feet space in its office complex at Okhla in the national capital and will earn a rental income of around Rs 16 crore annually. MaxVIL, which is one of the three listed companies of the [...]
Airtel CEO bats for giving out E-bank backhaul spectrum with 5G frequencies
New Delhi, Feb 23 (PTI) Bharti Airtel CEO Gopal Vittal on Wednesday made a strong pitch for giving out E-band backhaul spectrum with 5G radiowaves while cautioning that not doing so could put the 5G game in "serious jeopardy". Airtel's top boss, Vittal, also flagged issues on Right of Way, Services Level Agreement (SLAs) around [...]
NEWSALERT
Sensex falls 68.62 pts to close at 57,232.06 pts; Nifty drops 28.95 pts to 17,063.25 pts. PTI MKJ MR MR
Prayatna Microfinance aims to have Assets under management (AUM) worth INR 300 crores
The company aims to establish itself as a finance bank that aids the needy. February 2022: Prayatna microfinance, that offers monetary services to low-income families was established in 2017 and since then the organization has been working relentlessly to contribute to building an Aatmanirbhar Bharat (self-reliant India). The organization has adopted the Joint liability group [...]
Mukesh Ambani says India can do $0.5 trillion green energy exports
As India shapes its energy transition to cleaner fuels, billionaire Mukesh Ambani on Wednesday said technological advancements will make India a global new energy leader, exporting half a trillion dollars worth of clean energy in two decades. Ambani, who is helming a transition to green hydrogen production at its oil-dominant conglomerate, said India is today [...]
Plan Financial Goals by Investing in a Bajaj Finance Online FD
Pune, Maharashtra, India (NewsVoir) It requires disciplined planning, saving, and investing to achieve short or long-term financial goals. Choosing the right investment instrument should be based on financial goals, risk appetite, return expectations, and liquidity requirements, which can be challenging, given the dynamic market movement and a low-interest rate regime across most savings products. Investors [...]
Crude oil futures decline on low demand
New Delhi, Feb 23 (PTI) Crude oil futures on Wednesday dropped 0.65 per cent to Rs 6,872 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for the March delivery fell Rs 45, or 0.65 per cent, to Rs 6,872 per barrel with a business volume of [...]
Over 40,000 tea garden workers in Assam battling for survival as ACIL delay hits welfare plan
Guwahati/New Delhi, Feb 23 (PTI) Over 40,000 tea garden workers in upper Assam are being allegedly forced to live in dilapidated homes without access to proper healthcare and education due to an over three-year delay in fulfilment of welfare promises made by their employer -- a major global conglomerate facing fraud and forgery charges.The workers [...]
Rising demand lifts refined soya oil futures
New Delhi, Feb 23 (PTI) Refined soya oil prices on Wednesday rose by Rs 26 to Rs 1,350 per 10 kg in the futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for the March delivery moved up by Rs 26 or 1.96 per cent, to Rs [...]
Adani Enterprises divests stake in DC Development Hyderabad, NDCL
New Delhi, Feb 23 (PTI) Adani Enterprises Ltd on Wednesday announced divestment of its entire stake in DC Development Hyderabad Pvt Ltd and Naida Data Center (NDCL) to AdaniConnex Pvt Ltd. Consequently, DC Development Hyderabad and NDCL have ceased to be wholly-owned subsidiaries of the company, Adani Enterprises said in a filing to BSE. "The [...]
Guar seed futures rise on fresh bets
New Delhi, Feb 23 (PTI) Guar seed prices on Wednesday rose by Rs 18 to Rs 6,206 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 18, or [...]
India Ratings pegs FY22 GDP growth at 8.6% on data revision
Mumbai, Feb 23 (PTI) India Ratings has revised downwards its GDP growth forecast for 2021-22 to 8.6 per cent from the consensus 9.2 per cent projected earlier. The National Statistical Organisation (NSO), which has forecast 9.2 per cent real GDP growth for the year, will release the second advance estimate of national income on Monday. [...]
Guar gum futures gain on demand
New Delhi, Feb 23 (PTI) Guar gum prices on Wednesday gained Rs 49 to Rs 11,633 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 March delivery traded higher 0.42 per cent, or Rs 49, to Rs 11,633 [...]
The One Million Export Mark in FY 21-22 Is a Significant Milestone for TVS Motor Company, Marks Sudarshan Venu, JMD, TVS Motor Company
Hosur, Tamil Nadu, India – Business Wire India TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that its two-wheeler exports clocked 1 million units (including sales from TVS Motor Company and PT TVS, Indonesia) in FY21-22. The company has achieved this significant export milestone in a financial year for the first time. [...]
Calling Changemakers to Identify Solutions on Malnutrition and Hunger in India!
Nutrition Innovation Mini-Challenge to Offer Funding and Mentorship New Delhi, Delhi, India – Business Wire India Cargill, the Centre for Responsible Business (CRB) and the United Nations World Food Programme (WFP) in India are proud to announce the Nutrition Innovation Mini Challenge as part of the ‘PoshanPehal aur Pragati’ project, for improving children’s nutrition intake [...]
Advertisers to carry ‘unregulated’, ‘can be highly risky’ disclaimer in crypto ads from Apr 1: ASCI
Mumbai, Feb 23 (PTI) Advertisers will have to prominently carry a disclaimer for crypto products and non-fungible tokens mentioning that these products are "unregulated and can be highly risky", according to the Advertising Standards Council of India (ASCI). Besides, the self-regulatory has said that such advertisements should mention that there may be no regulatory recourse [...]
Ramagya School, Noida Wins the Hearts of Parents as the Best School for their Kids
Delhi, India (NewsVoir) As the School admission season progresses the parents are ready to go extra mile to see their children placed in the best school possible. So what are the parameters to select the best school that will prepare your child for a dynamic future where global conditions are constantly in flux? There is [...]
Pricol inks strategic technology partnership with Sibros Technologies
Mumbai, Feb 23 (PTI) Pricol Limited on Wednesday announced a strategic technology partnership with Sibros Technologies to deliver deep connected vehicle solutions in the domestic and ASEAN markets. The California-based Sibros provides Over-the-Air (OTA) connected vehicle software systems for OEMs worldwide. "We believe that the next generation of connected vehicles will be software and data-intensive, [...]
Biden cuts off Russia from Western financing over Putin’s actions against Ukraine
US President Joe Biden has announced a set of sweeping sanctions targeting Russia's ability to do business with the West, asserting that his Russian counterpart Vladimir Putin's decision to order troops into parts of eastern Ukraine was "a flagrant violation of international law". Announcing the "first tranche" of US sanctions on Russia for its moves [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 23 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 64138.00 STANDARD GOLD (99.5) : 49875.00 PURE GOLD (99.9) : 50075.00 ------- CALCUTTA BULLION :- N/A.-------------------- PTI MUM SVC SVC SVC
JAIN Group Unveils Knowledgeum Academy to Offer the Globally-recognized International Baccalaureate Diploma Programme (IBDP) in Bengaluru
Aims to provide an experiential and highly engaging learning programme to the Grade 11 and 12 students to produce the next generation of innovators and leaders Bangalore, Karnataka, India (NewsVoir) On a mission to reimagine educational excellence and nurture inherent talent, Bangalore-based JAIN Group, a renowned educational brand having three decades of experience has launched [...]
Encouraging more STEM Education for Girls, Olay Funds Scholarships with India EdTech Unicorn LEAD to ‘STEM The Gap’
Mumbai, Maharashtra, India (NewsVoir) Why are young girls presented with kitchen sets on their birthdays while boys are given toy robots or construction sets? Are our unconscious gender biases holding girls back? According to United Nations, in India women make up only 14% of the workforce in STEM (Science, Technology, Engineering and Math). As a [...]
SBI-DIRECT EXCHANGE RATES
MUMBAI, FEB 23 (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 73.90 75.40 73.84 75.56 EUR/INR 83.14 85.97 83.07 86.14 GBP/INR 99.88 103.09 99.79 103.29 JPY/INR 63.83 66.00 63.78 [...]
Shipsy raises USD 25 mn in funding round co-led by A91 Partners, Z3 Partners
New Delhi, Feb 23 (PTI) Logistics management platform Shipsy has raised USD 25 million in a Series-B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India's Surge, the company said. The company plans to use the funding to continue growing in the Middle East, India and [...]
RBI-MONEY MARKET OPERATIONS
MUMBAI, FEB 23 (PTI) Money Market Operations as on FEB 22 2021 (Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 5,40,283.56 3.46 1.55-5.45 I. Call Money 7,665.85 3.32 2.20-3.65 II. Triparty Repo 4,09,983.10 3.45 3.05-3.54 III. Market Repo 1,22,609.61 3.51 1.55-3.65 IV. Repo [...]
TVS Motor clocks 1 million exports in two wheeler segment in FY21-22
Chennai, Feb 23 (PTI): Two and three wheeler major TVS Motor Company on Wednesday said its exports in two wheeler segment clocked sales of one million (10 lakh) units, marking a significant milestone in the current financial year for the first time, the company said on Wednesday.The exports include the sales from TVS Motor and [...]
Former DailyHunt CTO Umesh Kulkarni Joins EnrichVideo
BANGALORE, India, Feb. 23, 2022 /PRNewswire/ -- EnrichVideo, a leading provider of customer engagement technologies for the financial services industry, today announced that Umesh Kulkarni has joined as Chief Technology Officer (CTO). Umesh is an industry veteran with over 25 years of experience and has led technology and product teams in diverse areas from datacom, [...]
Bajaj Finserv EMI Store Offers Biggest Cashback Deal up to Rs. 3,000 on Whirlpool Washing Machines
Pune, Maharashtra, India (NewsVoir) The Bajaj Finserv EMI Store has announced exciting deals on Whirlpool washing machines, offering up to Rs. 3,000 cashback on a wide range of washing machines. Shoppers can now purchase these Whirlpool washing machines on the lowest EMIs starting Rs. 834. Whirlpool has top-notch washing machine models available within various price [...]
FanAnywhere Announces Partnerships with Renowned Names in the Indian Entertainment Industry for NFT Releases
Mumbai, Maharashtra, India (NewsVoir) As a platform that enables fans to get closer to their favorite artists and celebrities from the world of entertainment and sports, FanAnywhere has announced an exclusive contract with notable names from the Indian Entertainment Industry. Leading the pack is the versatile singing sensation Shibani Kashyap of the ‘Sajna aa bhijaa’ [...]
UNIVERSAL MUSIC GROUP ANNOUNCES THE LAUNCH OF DEF JAM INDIA
- New label group dedicated to supporting the best in Indian & South Asian hip-hop talent and culture across the region. - First new artist signings include respected domestic rappers: Dino James and Fotty Seven MUMBAI, India, Feb. 23, 2022 /PRNewswire/ -- Universal Music Group (UMG), the world leader in music-based entertainment, today announced the [...]
Reasons behind TATA Teleservice’s meteoric rise and fall
The year 2021 has put many stocks in the limelight. Some say it was the bull run that overvalued the stocks while some believe that the prosperous economic growth contributed to this meteoric rise in stock prices. One of these multi-baggers has been Tata Teleservices giving phenomenal returns during its rise. Before the pandemic, the [...]
Coca-Cola ropes in Shah Rukh Khan as brand ambassador for Thums Up
New Delhi, Feb 23 (PTI) Beverage major Coca-Cola has signed Bollywood heartthrob Shah Rukh Khan as the brand ambassador for Thums Up. Earlier, Khan was associated with rival cola brand, Pepsi, for a long period of time and this is his first big endorsement after the controversy involving his son Aryan Khan in a drug [...]
First Source Solutions at 9-Month Low; Analysts Set targets
Firstsource Solutions (FSL) shares corrected by 49.70% and hit a nine-month low.The share price of the company has been declining for three weeks, especially after it lowered its FY22 revenue growth guidance.Its major revenue comes from the UK and the US. Analysts have given their views about the share. Shares of Firstsource Solutions (FSL) are [...]
Power crisis: Chandigarh residents at few places still face power outages on Wednesday morning
Chandigarh, Feb 23 (PTI) Residents of some parts of Chandigarh continued to face power outages on Wednesday morning with electricity supply remaining disrupted after the employees of the electricity department went on a three-day strike against privatisation. Harried residents of Chandigarh, which is the country's first planned city, blamed the city administration for remaining a [...]
Sri Lanka imposes power cuts as forex crisis deepens
Colombo, Feb 23 (PTI) Authorities in Sri Lanka are imposing power cuts on a staggered basis as the country continues to reel under the worst economic crisis in decades, which has led to fuel shortages and frequent power outages. Sri Lanka’s Public Utilities Commission said it will shut off the grid for four hours and [...]
Exponentia.ai raises additional funding from Mr. Amit Midha and Technog Solutions
MUMBAI, India, Feb. 23, 2022 /PRNewswire/ -- Exponentia.ai has announced that it has raised funding from Investors - Mr. Amit Midha, President - Dell Technologies and Technog Solutions. The funds will be used to strengthen Exponentia's offerings in the AI space and expand to new geographies. A significant part of the funds will also be [...]
ZEEL moves application in NCLT for dismissal of IndusInd Bank’s insolvency plea
New Delhi, Feb 23 (PTI) Media firm Zee Entertainment Enterprise Ltd (ZEEL) has moved an application before the National Company Law Tribunal (NCLT) requesting the dismissal of the plea filed by private sector lender IndusInd Bank against the company. IndusInd Bank had moved NCLT claiming default of Rs 83.08 crore against the media & entertainment [...]
It’s time we Change the Story and make a difference!
Neeraj Akhoury CEO India Holcim Group Managing Director & CEO of Ambuja Cements Ltd We are an optimistic lot at Holcim India. As one of the largest cement manufacturing groups in the country, we believe what we do in our plants through the two operating companies, ACC and Ambuja Cements, matters not just as a [...]
Carestream India launches The DRX Compass, an Advanced digital radiology solution
MUMBAI, India, Feb. 23, 2022 /PRNewswire/ -- Carestream Health India announces the launch of The DRX Compass, an accurate, convenient & configurable digital radiology solution designed to provide radiologists with a whole new level of efficiency. Additionally, DRX Compass offers the versatility to build the desired configuration from a wide range of selections in detectors, [...]
NEWSALERT
Health cover under Chiranjeevi Health Scheme rises from Rs 5 lakh to Rs 10 lakh/year per family: Rajasthan CM Ashok Gehlot. PTI AG DRR
Tripura to launch Pineapple, Jackfruit Mission
Agartala, Feb 23 (PTI) The Tripura government would soon launch 'Tripura Pineapple and Jackfruit Mission' (TPJM) to promote the production and value addition of the two horticulture crops that grow abundantly in the state, an official said on Wednesday. Initially, the TPJM will be for five years starting from April 1, 2022, with a budgetary [...]
Early detection and diagnosis, critical to reverse heart failure.
Peoples' propensity to adopt choices such as smoking, a sedentary lifestyle, or ignoring their comorbidities such as diabetes, obesity, or hypertension ultimately affects the functioning of the heart and causes weakening of the muscles of the heart. The weakening of the heart muscles is the beginning of heart failure. Heart failure influences the functioning of [...]
Bill Gates applauds Indian vaccine manufacturers for supplying affordable vaccines across the world
Billionaire philanthropist and Microsoft co-founder Bill Gates has praised India for its vaccine-manufacturing prowess and applauded the efforts of the country's manufacturers for supplying affordable vaccines across the world. Addressing a virtual roundtable on India-US Health Partnership organised by the Indian embassy on Tuesday, Gates noted that over the last year, India has delivered over [...]
Analysts set targets for the Most Profitable Companies in India
TCS has emerged as the most profitable company in India.The government of India wants to privatize BPCL since 2019 and the privatization is expected to happen in March 2022.Various analysts have given target prices for each of these shares. IT major Tata Consultancy Services has emerged as the most profitable company in India. According to [...]
CryptoZeroFi – a Realistic Combat Role-Playing NFT game built on the Binance Smart Chain with Metaverse Orientation
HO CHI MINH CITY, Vietnam, Feb. 23, 2022 /PRNewswire/ -- Introducing CryptoZeroFi, one of such games aiming to make a name for itself in this maturing space. CryptoZeroFi is an upcoming Realistic Combat Role-Playing NFT game built on the Binance Smart Chain. Similar to other games in this industry, it incorporates NFTs as well as [...]
Tata Housing to invest USD 36 mn to develop 2 residential projects in Maldives
New Delhi, Feb 23 (PTI) Tata group's realty firm Tata Housing on Wednesday announced an investment of USD 36 million (around Rs 270 crore) to develop two luxury residential projects in Maldives. The company will construct around 117 housing units in these two projects. In a statement, Tata Housing said it has launched another international [...]
BrightNight Enters Australia’s Energy Market
Industry leaders and competitive dispatchable renewable power poise BrightNight for success INLET BEACH, Fla., Feb. 23, 2022 /PRNewswire/ -- Today, BrightNight announced its formal entry into the Australian energy market with the addition of industry leader Polly Baranco. BrightNight, a global Independent Power Producer (IPP), is well-established in the U.S. and has rapidly expanding teams [...]
Announcing Symposium of Experts on Smart Energy and Smart Mobility from 02 – 04 March 2022 at the 8th Edition of India Smart Utility Week 2022
International Experts from Research Institutes, Government Institutions, Regulatory Commissions, Think Tanks, Academia and Technology Companies from all the Continents are expected to join the Conference and share their experience and expertise NEW DELHI, Feb. 23, 2022 /PRNewswire/ -- India Smart Grid Forum, a PPP initiative of the Government of India, is organising the 8th edition [...]
Societe Generale sells HDFC shares worth Rs 1,730 cr
Societe Generale on Tuesday offloaded shares of Housing Development Finance Corp (HDFC) worth nearly Rs 1,730 crore through an open market transaction. As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece. The total deal value stood at Rs 1,729.67 crore. Through a [...]
Indian-American economic advisor leads Biden admin in executing sanctions on Russia
Washington, Feb 23 (PTI) Indian-American economic advisor Daleep Singh is leading the efforts of the Biden administration to impose punitive sanctions on Russia over its actions against Ukraine. Russian President Vladimir Putin on Monday signed decrees to recognise Ukraine's regions of “Donetsk and Luhansk People’s Republics” as “independent”, escalating the tension in the region and [...]
Biden announces 1st tranche of economic sanctions against Russia
Washington, Feb 23 (PTI) US President Joe Biden on Tuesday announced a series of economic sanctions against Russia as he accused his Russian counterpart Vladimir Putin of aggression against Ukraine. Biden, announcing America’s first tranche of economic sanctions against Russia, told reporters at the White House that “there's no question that Russia is the aggressor. [...]
Air India plane carrying around 240 Indians from Ukraine lands at Delhi airport
New Delhi, Feb 22 (PTI) An Air India plane carrying around 240 Indians from Ukraine landed at the Delhi airport on Tuesday night, amid rising tensions between the Eastern European nation and Russia. The flight AI 1946 landed at the Indira Gandhi International Airport here at around 11.40 pm. It took off from Boryspil International [...]
NEWSALERT
Air India plane carrying around 240 Indians from Ukraine lands at Delhi airport. PTI RAM BJ RAM
Pak PM announces incentives for IT sector, orders building special technology zones in provincial capitals
Islamabad, Feb 22 (PTI) Pakistan Prime Minister Imran Khan on Tuesday announced incentives for the Information Technology sector to enhance its exports and directed the authorities to develop Special Technology Zones (STZs) on a fast-track basis in Islamabad as well as all provincial capitals to create hubs of technology innovations."We are announcing a tax holiday [...]
Ukraine situation, crude prices posing challenge to financial stability: Sitharaman
Mumbai, Feb 22 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the Russia-Ukraine tension and a surge in crude oil prices pose risk to the financial stability of the country and the government is closely monitoring the situation. The finance minister was on a two-day post-Budget outreach programme in the country's financial capital, starting Monday. [...]
NCLAT allows Reliance Asset Reconstruction plea to initiate insolvency against Narendra Plastics
New Delhi, Feb 22 (PTI) The National Company Law Appellate Tribunal on Tuesday set aside an NCLT order that rejected an appeal by Reliance Asset Reconstruction Company Ltd (RARCL) to initiate insolvency proceeding against Narendra Plastics. The NCLAT also directed the NCLT to initiate the insolvency proceedings against the company. A three-member NCLAT bench headed [...]
Business briefs 3
CLIRNET raises USD 1 mn from execs of major fund management, banking entities Mumbai, Feb 22 (PTI) CLIRNET, a doctor generated medical content platform, on Tuesday said it has raised USD 1 million from a clutch of senior executives of major international funds management and banking organisations. The city-based platform will utilise the funds to [...]
UP RERA reviews progress of Kalypso Court project
Noida, Feb 22 (PTI) After a delay of five years, 304 allottees of the Jayprakash Associates-promoted Kalypso Court project may get possession of their homes by June 2022, the Uttar Pradesh Real Estate Regulatory Authority (RERA) said on Tuesday. The RERA's officials, while reviewing the progress of the housing project located in Wish Town, Sector [...]
Sonowal to inaugurate, lay foundation stones of several port projects on Thursday
New Delhi, Feb 22 (PTI) Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal will inaugurate and lay foundation stones of several port projects in Visakhapatnam on Thursday. These projects are initiatives under the PM GatiShakti to cut down logistics cost, improve supply chains and make local goods globally competitive in line with the Maritime [...]
Lot of buzz, interest in market for LIC IPO: Sitharaman
Mumbai, Feb 22 (PTI) Finance Minister Nirmala Sitharaman Tuesday said there is a lot of interest and buzz in the market for the upcoming initial public offering of Life Insurance Corporation of India (LIC). She also indicated that the Initial Public Offering (IPO) will happen in the current financial year. On February 13, the state-owned [...]
SJVN signs papers to get Rs 6,333 cr loan for its Arun-3 hydro project in Nepal
New Delhi, Feb 22 (PTI) State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. "SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for [...]
Freebies to docs to boost sales of medicines prohibited by law, firms can’t claim IT deduction: SC
New Delhi, Feb 22 (PTI) The Supreme Court Tuesday held that granting freebies to doctors by pharmaceutical companies to boost sales of medicines is "clearly prohibited by law” and dismissed a plea of a firm seeking deduction under the Income Tax Act on account of giving incentives to medical practitioners. The top court termed as [...]
Hasura raises USD 100 mn in funding round; enters ‘unicorn’ club
New Delhi, Feb 22 (PTI) Hasura on Tuesday announced that it has secured USD 100 million in funding round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The round `Series C' brings the total capital raised by Hasura to USD 136.5 million and the company's valuation [...]
Govt looking into governance lapses that happened at NSE: Finance Minister
Mumbai, Feb 22 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the government is looking into the governance lapses that had happened at the National Stock Exchange (NSE) but declined to comment on whether there was an adequate correctional step in terms of actions taken against those who were held responsible for the lapses. Earlier [...]
KVIB releases subsidy of Rs 348.48 cr to young entrepreneurs
Jammu, Feb 22 (PTI) Jammu and Kashmir Khadi and Village Industries Board has released an amount of Rs 348.48 crore as margin money (subsidy) in favour of entrepreneurs who had applied loan from the board since 2019, its vice-chairperson Hina Shafi Bhat said. The amount was released to 15,459 unit holders under JK Rural Employment [...]
Hospitality industry urges aviation min to avoid flight disruptions at Port Blair airport
New Delhi, Feb 22 (PTI) Hospitality industry body FHRAI on Tuesday said it has submitted a representation to Union Civil Aviation Minister Jyotiraditya Scindia seeking his intervention to avoid disruptions in flight movements at the Port Blair Airport. The Andaman & Nicobar Command has directed shutting down the only runway of Veer Savarkar International Airport [...]
Kalasani Mohan Reddy assumes charge as NLC India’s Director for Planning and Projects
New Delhi, Feb 22 (PTI) NLC India Ltd on Tuesday said Kalasani Mohan Reddy has assumed charge as its Director for Planning and Projects. Reddy is a mining engineer from the Institution of Engineers (India), Kolkata. He holds a First Class Mine Manager Competency Certificate (Coal) from the Directorate General of Mines Safety and an [...]
Sitharaman terms opposition charge of BJP using central agencies against opponents baseless
Mumbai, Feb 22 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday termed the charge of the BJP-led government using central agencies against political opponents as "baseless allegations". Speaking to reporters here, she also wondered how meetings between opposition like the ones involving Telangana Chief Minister K Chandrashekhar Rao, Maharashtra CM Uddhav Thackeray and NCP's Sharad [...]
Mumbai airport to handle over 1,000 aircraft movements daily once int’l flight services normalise: ATC Guild
Mumbai, Feb 22 (PTI) Mumbai airport is expected to handle more than 1,000 aircraft movements per day once regular international flight services resume, according to the ATC Guild. Currently, the traffic at the Chhatrapati Shivaji International Airport -- the country's second largest airport -- remains around 25 per cent lower compared to the pre-COVID period. [...]
Air India plane from Ukraine to land at Delhi airport at night
New Delhi, Feb 22 (PTI) An Air India plane carrying more than 240 passengers from Ukraine is expected to land in the national capital after 10 pm on Tuesday, according to officials. The airline is operating a Boeing 787 aircraft to bring back Indians amid rising tensions between Ukraine and Russia. The flight AI 1946 [...]
SIS bags Rs 225 cr contract from Coal India arm
New Delhi, Feb 22 (PTI) SIS Ltd on Tuesday said it has bagged a project worth Rs 225 crore to provide security solutions to Coal India-arm MCL. As part of the contract, SIS will deploy security personnel in different categories to provide security services across 18 sites of Mahanadi Coalfields Ltd (MCL) at Sambalpur, Bhubaneshwar, [...]
CFP professionals rise over 17pc in 2021
New Delhi, Feb 22 (PTI) India witnessed over 17 per cent growth in the number of certified financial planner (CFP) professionals in 2021 on the back of growing demand for personal finance solutions, the Financial Planning Standards Board (FPSB) said on Tuesday. The number of CFP professionals in India grew by 17.6 per cent last [...]
WhatsApp launches ‘Safety in India’ resource hub
New Delhi, Feb 22 (PTI) WhatsApp on Tuesday launched a dedicated 'Safety in India' resource hub highlighting a slew of measures and processes on the messaging platform that help users stay safe and secure online. The resource hub looks at important topics around online safety, privacy and security, debunks common myths, in addition to creating [...]
Sebi invites applications for executive director
New Delhi, Feb 22 (PTI) Markets watchdog Sebi has begun the process of recruiting an executive director for faster and more effective execution of regulatory work. The appointment of executive director will either be on deputation or contractual basis, for a period of three years, the regulator said in a latest public notice. For this, [...]
Amid high oil prices, Vistara says financial viability important for starting new overseas flights
New Delhi, Feb 22 (PTI) Amid rising oil prices, full service carrier Vistara's chief Vinod Kannan on Tuesday emphasised that financial viability will be important in deciding on flying to new international destinations. Vistara, which commenced its international operations less than three years ago, currently flies to 11 overseas destinations. "For the remaining ones, I [...]
BPCL, Hero MotoCorp tie up to set up charging infra for 2-wheeler EVs
New Delhi, Feb 22 (PTI) State-owned Bharat Petroleum Corporation Ltd (BPCL) and the world's largest manufacturer of motorcycles and scooters Hero MotoCorp have collaborated to set set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country, the firms said Tuesday. "In the first phase, charging stations will be set up across nine cities [...]
Start-up firms growing in India with 10pc being added every year: Official
(Eds: Adds inputs) Kolkata, Feb 22 (PTI) The number of start-ups in the country is increasing significantly with 10 per cent being added every year, an official said on Tuesday. Nasscom Centre of Excellence for internet of things (IoT) and artificial intelligence (AI) CEO Sanjeev Malhotra said most of the start-ups are on the application [...]
Development, RERA authorities must check construction quality from start of realty project: FPCE
New Delhi, Feb 22 (PTI) The partial collapse of a tower at Chintels Paradiso housing project in Gurugram, Haryana has exposed serious lapses in the working of both development authorities and real estate regulators in the state under the realty law RERA, according to Forum For People's Collective Efforts (FPCE). FPCE, an apex body for [...]
Azure Power refinances 600 MW solar project
New Delhi, Feb 22 (PTI) Azure Power on Tuesday said it has refinanced its 600 MW solar power project at the lowest rate of interest in its portfolio to date. Azure Power is an independent sustainable energy solutions provider and power producer in India. The company has successfully refinanced its existing project finance facility of [...]
Wipro Ventures invests in vFunction
New Delhi, Feb 22 (PTI) Wipro Ventures, the corporate investment arm of IT services major Wipro, has invested in US-based startup, vFunction, according to a statement. Alongside, Wipro Ltd has formed a joint go-to market partnership with vFunction, which has developed a scalable, AI (Artificial Intelligence) based technology platform for modernising Java applications and accelerating [...]
India Ratings revises upwards outlook on microfinance sector to ‘neutral’ from ‘negative’ for FY23
India Ratings has revised upwards its outlook on the microfinance sector to 'neutral' from 'negative' next fiscal, on the back of a revival in growth that could clip at 30 per cent. The agency expects the sector to grow 20-30 per cent in both FY22 and FY23 in comparison to the below 10 per cent [...]
Paisabazaar’s Credit Awareness Initiative Enables Over 52 Lakh Consumers to Improve their Credit Score Significantly
Gurgaon, Haryana, India (NewsVoir) Paisabazaar, India’s largest* digital marketplace for consumer credit, announced today that 52.7 lakh consumers, who checked their free credit score from its platform, have improved their credit score by 20 points or more over a period of 18 months. This includes 23.6 lakh customers whose score increased by 50+ points and [...]
Hero MotoCorp joins hands with BPCL to set up charging infra for two-wheeled EVs
Two-wheeler major Hero MotoCorp on Tuesday said it has joined hands with Bharat Petroleum Corporation Ltd (BPCL) to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. Last year, BPCL had announced that it is converting 7,000 conventional retail outlets into energy stations providing multiple fuelling options, which will include EV charging [...]
RED FM Launches New Podcast ‘Decoding Unicorns’
New Delhi, Delhi, India (NewsVoir) 93.5 RED FM, India’s leading private radio and entertainment network has introduced ‘Decoding Unicorns’ an exclusive RED FM Podcast hosted by Prashant Pitti, Co-founder Ease My Trip. The show will focus on unveiling insights on what it takes to become a pioneer in today’s technology driven business. Host, Prashant Pitti [...]
Vistara to ramp up manpower to 5,000 this year, says CEO Vinod Kannan
New Delhi, Feb 22 (PTI) Vistara plans to significantly ramp up its staff strength to a total of 5,000 by the end of this year as the full service carrier focuses on increasing capacity utilisation, expanding fleet and further improving overall services. Currently, the airline has around 4,000 people. After being significantly hit by the [...]
Five Must Watch Films to Stream at the Japanese Film Festival 2022
New Delhi, Delhi, India (NewsVoir) The much-awaited annual celebration of Japanese Films in India is back again as an online edition in 2022. The festival’s second digital edition is currently running from 14 to 28 February 2022 where we bring you a series of titles that you can enjoy for free from the comfort of [...]
NEWSALERT
Russia-Ukraine impact yet to be felt on trade; we are careful that our exporters do not suffer, says Sitharaman. PTI HV AA MKJ MKJ
NEWSALERT
Govt watching Russia-Ukraine crisis closely, says Nirmala Sitharaman. PTI HV AA MKJ
HC asks Centre, SEBI, RBI to respond to plea seeking to restrain IBHFI promoter from selling stake
The Delhi High Court Tuesday sought response of the Centre, SEBI, and RBI on a plea seeking to restrain the promoter of Indiabulls Housing Finance Ltd from selling or transferring any further stake in the company. A bench of Chief Justice D N Patel and Justice Jyoti Singh issued notices to the Ministries of Finance, [...]
Azure Power refinances its 600 MWs ISTS connected solar project at the lowest rate of interest in its portfolio to date
- It is the largest owned and operated single site solar project in India, fully commissioned in December 2021 - The rate of interest of 7.2% p.a. – fixed for 42 months – is the lowest in terms of rupee financing for Azure Power NEW DELHI, Feb. 22, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), [...]
Sekel Tech Expands Into the UK, EMEA Markets With Upcoming Launch Plans for Its Hyperlocal Dynamic Engagement Commerce Platform
Bengaluru, Karnataka, India – Business Wire India Bengaluru-based Sekel Tech. Pvt. Ltd. has expanded its footprint into the UK and EMEA markets with a clear vision to replicate the success of its world-leading Hyperlocal Dynamic Engagement Commerce SaaS platform, as seen in India and across Asia. Hyperlocal activity, marketing, and engagement have quickly emerged as [...]
NEWSALERT
Govt looking into lapses that had happened at National Stock Exchange: FM Sitharaman. PTI AA MKJ MKJ
MUMMBAI, FEB 22
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 64656.00 64372.00 STANDARD GOLD (99.5) : 50345.00 49930.00 PURE GOLD (99.9) : 50547.00 50131.00 --------------- PTI MUM SVC SVC SVC
IIL Foundation inks pact with SVPUAT for educating farmers
New Delhi, Feb 22 (PTI) Agro-chemicals firm Insecticides India Ltd (IIL) on Tuesday said its CSR arm IIL Foundation has signed a pact with Meerut-based Sardar Vallabhbhai Patel University of Agriculture and Technology (SVPUAT) for dissemination of the advance agri-extension activities to farmer for three years. The memorandum of understanding (MoU) was signed by SVPUAT [...]
India to have 1 billion smartphone users by 2026: Deloitte
India will have 1 billion smartphone users by 2026 with rural areas driving the sale of internet-enabled phones, a Deloitte study said on Tuesday. India had 1.2 billion mobile subscribers in 2021, of which about 750 million are smartphone users. It is poised to be the second-largest smartphone manufacturer in the next five years. "The [...]
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