#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Textile stock in which Vanguard fund buys 2.38% stake in the company
According to the IBEF, the Garments and Apparel industry in India is a vital sector, contributing approximately 2.3% to the GDP. In FY24, the sector's exports reached $28.72 billion, with readymade garments alone accounting for $14.23 billion. The market is projected to grow at a 10% CAGR, aiming for $350 billion by 2030. With a [...]
Multibagger stock jumps 15% after receiving buy call for 30% upside
Shares of one of the world's leading manufacturers of Power Transmission & Distribution structures surged 15.7 percent on BSE to hit a new 52-week high at Rs. 513.9 on Tuesday. This rally was sparked by Nuvama Institutional Equities’ initiation of coverage on Skipper Limited with a bullish outlook. With a market capitalisation of Rs. 5,659.8 [...]
Transformer stock hits 5% upper circuit after reporting 2,329% YoY increase in net profits
Transformer stock engaged in designing and manufacturing the entire range of Transformers hit a 5 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 2,329 percent jump in Net Profits. Price Action With a market capitalization of Rs. 10,087.82 Crores, the shares of Transformers & Rectifiers (India) Limited hit a [...]
Tata group stocks to buy for an upside potential of 25%
Tata Group stocks have demonstrated notable growth in 2024, with a collective market capitalization rise of 15.4 percent since June, fueled by robust performances from major companies such as Tata Consultancy Services and Tata Motors. Investing in these stocks is attractive due to their diversification across multiple sectors, reliable dividend payouts, and potential for capital [...]
Defence stock hits 5% upper circuit after receiving order worth ₹88.41 Cr from Min. of Defence
The shares of this microcap company locked a 5 percent upper circuit after receiving an order worth Rs. 88.41 crores from the Ministry of Defence. The shares have delivered more than a 130 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. 951 crores, the shares of Krishna [...]
Pharma stock in action after company to provide biological drugs for low income countries
Shares of this mid-cap pharma company rose nearly 2% after the company planned to boost the adoption of biosimilars in low and middle-income countries. Price action: The shares of Biocon Limited, with a market capitalization of Rs. 41,210.60 crores saw its shares rise to Rs. 345.2 per share, from its previously close price of Rs. [...]
IT stock jumps 18% after receiving ₹430 Cr order for Pune safe city project
IT Stock engaged in providing Cloud Enablement, Digital Engineering Services, Cyber Security, Infrastructure Management, and many more jumped 18 percent in the day’s trade upon receiving a new work order worth Rs. 430+ Crores for deployment of AI Cameras across Pune. Price Action With a market capitalization of Rs. 1,574 Crores, the shares of Allied [...]
Infra stock hits 5% circuit after receiving orders worth ₹318 Cr from Maharashtra Govt.
During Tuesday’s trading session, the shares of the integrated EPC company surged 4.8 percent to Rs. 177.55 on BSE, after the company announced securing two projects worth a total of around Rs. 318.64 crores from the Maharashtra State Infrastructure Development Corporation Limited. With a market capitalisation of Rs. 676.2 crores, the shares of RPP Infra [...]
Waste management stock trading at discount of 32% to look out for
India's waste management sector is rapidly evolving, driven by a growing population, urbanization, and increasing environmental awareness. This industry plays a crucial role in addressing the challenges posed by the country's significant waste generation, which amounts to approximately 62 million tonnes annually, with municipal solid waste (MSW) being a major component. As urbanization continues and [...]
Tata group stock jumps 9% after it forays into beauty segment; Also receives new target
Tata Group stock engaged in the retailing of apparel, footwear, accessories, toys, games, food, grocery & non-food products, and many more jumped upto 9 percent in the day’s trade following the brokerage call and foray into the beauty segment. Price Action With a market capitalization of Rs. 2,82,430 Crores, the shares of Trent Limited were [...]
News Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
5 Stocks that supply defence equipments to Israel to keep an eye on
The geopolitical tensions involving Israel, Iran, and Gaza are characterized by Iran's animosity toward Israel and its support for militant groups like Hamas and Hezbollah, which engage in hostilities against Israel. This led to airstrikes, military & political outrage, loss of life, and more leading to fear of global war among other nations. Listed below [...]
Latest Market News
Rupee rises for 5th day, advances 11 paise as dollar, crude oil weaken
Mumbai, Feb 21 (PTI) Rising for the fifth straight day, the rupee extended gains by 11 paise to close at a one-month high of 74.55 against the US dollar on Monday on the back of a weak dollar and softer crude oil prices amid hopes of a diplomatic solution to the Russia-Ukraine crisis. The local [...]
NSE co-location case: Probe shifts towards money trail, illicit gains
New Delhi, Feb 21 (PTI) As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on [...]
Dry fruits and nuts seller Happilo raises USD 25 mln from MOPE
Mumbai, Feb 21 (PTI) Snacks brand Happilo on Monday said it has raised USD 25 million (around Rs 186 crore) from Motilal Oswal Private Equity to expand into a newer category. The 2016-established company is planning to build its 'direct to consumer' healthy snacks business that includes dry fruits, trail mixes, nut protein bars and [...]
Tata Steel Kalinganagar onboards 12 transgender people as crane operator trainees
New Delhi, Feb 21 (PTI) Tata Steel on Monday said it has further expanded its transgender employee base by onboarding 12 crane operator trainees from the LGBTQ+ community at its Kalinganagar plant. In December, Tata Steel's West Bokaro division had onboarded 14 transgender people as Heavy Earth Moving Machinery (HEMM) operators at its mines. This [...]
Indian economy growing at 9.2%, among fastest-growing large economies, says Niti CEO
New Delhi, Feb 21 (PTI) The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said on Monday. While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add USD 520 billion [...]
Carnival Group and 8secondz Short Video App Launch 8coin to Reward Popular Creators
8secondz launches 8coin in India Mumbai, Maharashtra, India (NewsVoir) • Earn 8coin by winning challenges, engaging with content and referring friends to 8secondz • 8coin appear in users in-app wallets and can be redeemed for a range of prizes and premium features and functionality • Emerging U.S. Hip Hop artist Te Atana is the first [...]
Polytrade bags the “Best Financial Institution of the Year” award presented by the Governor of Maharashtra at Raj Bhavan
Mumbai (Maharashtra) [India], February 21: Polytrade finance, a Decentralized Trade finance platform backed by Blockchain technology, has been awarded the “Best Financial Institution of the Year” for supporting & empowering SMEs. The esteemed award was presented to Piyush Gupta, Founder and CEO, Polytrade, by Shri Bhagat Singh Koshyari, Hon’ble Governor of Maharashtra at Rajbhavan, in [...]
India’s one of its kind sports and innovative learning American joint venture school to open in Ghaziabad
American Eduglobal School, A Legacy of 250 Years Rutgers School, New Jersey, USA to open 14-acre campus at NH-24, Ghaziabad Hapur Road New Delhi (India), February 21: India will have one of its kind sports and innovative learning American school in Delhi-NCR, which will use practical teaching-learning methods using USA-based Rutgers School’s 250 years experience. [...]
HDFC Life’s Latest Digital Campaign Emphasises the Need for Adequate Life Insurance Cover
'AdhuraNahiPuraInsurance' Mumbai, Maharashtra, India (NewsVoir) HDFC Life, one of India’s leading life insurers, constantly endeavours to create greater awareness of life insurance among consumers. In its latest campaign, 'AdhuraNahiPuraInsurance', HDFC Life has taken forward the concept of Human Life Value (HLV) to enable consumers understand the need for adequate life insurance and calculate life insurance [...]
LIC wants to remain IDBI Bank shareholder for bancassurance gain
New Delhi, Feb 21 (PTI) IPO-bound Life Insurance Corporation (LIC) on Monday said it would like to retain some stake in IDBI Bank so that the insurer continues to reap the benefits of the bancassurance channel. IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional [...]
Tata Steel’s Kalinganagar plant onboards 12 transgender people as trainee crane operators
Jamshedpur, Feb 21 (PTI) Twelve trainee crane operators from LGBTQ+ community were onboarded by steel major Tata Steel at its Kalinganagar plant in Odisha last week, a company press release said. With this, Tata steel further expanded its transgender employee base following the initiative by the company's West Bokaro division, where 14 transgender people were [...]
Axis AMC eyes Rs 200 cr from new smallcap index fund
Mumbai, Feb 21 (PTI) Leading fund house Axis Mutual Fund is looking to raise Rs 200 crore from a new smallcap index fund it launched on Monday during the primary subscription period. Axis Nifty smallcap 50 index fund, which is an open-ended fund tracking the top 50 companies from Nifty 250 index, opens on Monday [...]
Parel Shree’s Fourth Edition Scheduled for 6th March 2022, Spearheaded by Mr. Manish Advilkar and Mr. Deepak Chauhan
Mumbai, Maharashtra, India – Business Wire India Bodybuilding as a professional sport is a regimen of exercises designed to enhance the human body's muscular development and promote general health and fitness. As a competitive activity, bodybuilding aims to display in artistic fashion pronounced muscle mass, symmetry, and definition for overall aesthetic effect. Primitively in India, [...]
Federal Bank shares rise over 2% as subsidiary files DRHP with Sebi
New Delhi, Feb 21 (PTI) Shares of Federal Bank on Monday gained over two per cent after its subsidiary Fedbank Financial Services Ltd (FedFina) filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO). On the BSE, the shares closed with a gain of 1.89 per cent, at Rs [...]
Strong demand outlook for domestic solar OEMs aided by policy measures: Icra
New Delhi, Feb 21 (PTI) Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme [...]
Kalpataru Power Transmission shares jump over 3% on merger announcement with JMC
New Delhi, Feb 21 (PTI) Shares of Kalpataru Power Transmission Ltd on Monday surged over three per cent after the company announced its merger with JMC Projects (India) Ltd. On the BSE, the scrip gained 3.03 per cent to close at Rs 401.15. Intra-day, it traded at a high of Rs 409.45. Similarly, on the [...]
Gold loan NBFCs may adopt aggressive growth strategies amid competition from banks: Report
Mumbai, Feb 21 (PTI) Facing intense competition from banks, gold loan Non-Banking Financial Companies (NBFCs) are likely to adopt aggressive strategies to maintain and expand their gold loan franchise, says a report. Many banks, both private and public, have become fairly active in the gold loan space, enticed by high yield and liquid security, India Ratings and [...]
IRCTC, NPCI, Bank of Baroda arm launch co-branded credit card for railway customers
New Delhi, Feb 21 (PTI) With over six crore users booking railway tickets on the IRCTC website on a daily basis, the Indian Railways' catering and ticketing arm along with NPCI and BOB Financial Solutions on Monday launched a co-branded credit card to tap the huge potential the market offers. The 'IRCTC BoB RuPay Contactless [...]
InterGlobe Aviation shares fall 2% after Rakesh Gangwal’s resignation
New Delhi, Feb 21 (PTI) Shares of InterGlobe Aviation Ltd declined nearly 2 per cent on Monday after its co-promoter Rakesh Gangwal resigned from the company's board. On BSE, the shares ended at Rs 2,080, lower by 1.9 per cent over the previous close. On NSE, the scrip closed at Rs 2,079, a loss of [...]
Sensex, Nifty suffer 4th straight loss as Ukraine crisis simmers
Mumbai, Feb 21 (PTI) Domestic equity gauges Sensex and Nifty logged their fourth straight session of fall on Monday as participants remained cautious over lingering geopolitical tensions in eastern Europe. Persistent foreign fund outflows added to the gloom, traders said. Tracking deep losses in other Asian bourses, the BSE Sensex dived around 700 points in [...]
MUMMBAI, FEB 21
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 63461.00 63661.00 STANDARD GOLD (99.5) : 49738.00 49888.00 PURE GOLD (99.9) : 49938.00 50089.00 --------------- PTI MUM SVC SVC SVC
Obesity is the leading cause of heart failures
Many of us blithely seem to remain oblivious of the vulnerability that our lifestyle choices in everyday routine expose our health to avoidable consequences. Negligence and ignorance by a large group of people are significant contributors to heart failure. Healthy habits such as exercising, sensible eating, and getting regular health check-ups will keep us as [...]
CardByte Announces Expansion Plans, to Grow its Team Size by 250 Percent by the End of 2022
New Delhi, Delhi, India (NewsVoir) CardByte - India’s home-grown contact management & networking app recently announced its plan to bolster its roots by expanding its team size by 250% by the end of 2022. The company recently launched its mobile app for Android & iOS devices and is now looking for self-driven professionals to grow [...]
DICV partners with Mahindra MSTC Recycling-owned facility
New Delhi, Feb 21 (PTI) Daimler India Commercial Vehicles (DICV) on Wednesday said it has inked a partnership with CERO, a scrappage and steel recycling facility owned by Mahindra MSTC Recycling. The partnership offers robust support and hassle-free service to owners, helping them to scrap their end of life (ELV) commercial vehicles and replace them [...]
Fired up and Victorious, Chelsea FC are Crowned World Champions
Parimatch is excited to celebrate a historic win for our partner New Delhi, Delhi, India (NewsVoir) The new trophy adds to Chelsea's impressive trophy haul over the past 12 months, which included becoming the Champions of Europe against Manchester City last May in Porto. This information was announced by PMI, a service company engaged in [...]
OPPO Reno 6 5G Review: Sleek, Stylish and Feature-Packed Smartphone
Pune, Maharashtra, India (NewsVoir) Shop for the latest OPPO Reno 6 5G smartphone on the Bajaj Finserv EMI Store using your EMI Network Card and get your product delivered to you for free. Now, you can purchase OPPO Reno 6 on EMI on the Bajaj Finserv EMI Store at a starting EMI of Rs. 2,499. [...]
Realme GT Neo 2 Goes Official with a Snapdragon 870 Processor and a 5,000 mAh Battery
Pune, Maharashtra, India (NewsVoir) Shop for the latest Realme GT Neo 2 on the Bajaj Finserv EMI Store using your EMI Network Card and get your product delivered to you for free. Now, you can purchase Realme GT Neo 2 on EMI on the Bajaj Finserv EMI Store at a starting EMI of Rs. 1,777. [...]
Purchase Livpure Electric Water Purifiers Online at the Bajaj Finserv EMI Store and Avail of a Flat Cashback of Rs. 3,000
Get the best deals on the Livpure water purifiers by making a purchase on No Cost EMI at the Bajaj Finserv EMI Store Pune, Maharashtra, India (NewsVoir) Bring home a Livpure water purifier after comparing different models available on the Bajaj Finserv EMI Store, and avail of a flat Rs. 3,000 cashback. Additionally, customers can [...]
Shadowfax Tech targets 75% of its fleet in EVs by 2024; full electrification by 2026
Mumbai, Feb 21 (PTI) Shadowfax Technologies, a crowdsourced platform for last-mile deliveries, on Monday said it aims to have 75 per cent of its fleet in electric vehicles by 2024 and full electrification by 2026 as part of its long-term growth goals. This adoption of EVs is part of a global effort to make logistics [...]
SEA asks edible oil players to reduce minimum retail price
Stating that domestic edible oil prices are showing no sign of easing in view of global developments, industry body SEA on Monday appealed to its members to reduce the minimum retail price (MRP) of cooking oils by Rs 3-5 per kg with immediate effect in order to give relief to consumers. This is the second [...]
MUMBAI, FEB 21 (PTI)
METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 753.00 COPPER HEAVY SCRAPS 742.00 COPPER ARMATURE (CREDIT) 724.00 COPPER UTENSILS SCRAP 647.00 CC ROD 795.00 BRASS :- BRASS SHEET CUTTING 544.00 BRASS UTENSIL SCRAP 495.00 BRASS HONEY 485.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 191.00 ALUMINIUM EXTRUSION SCRAP 223.00 ALUMINIUM INGOTS 267.00 OTHER : - [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 21 (PTI) OILS (per 10 Kgs) G.Nut Raw 1410.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1310.00 Sunflower Exp.Ref. 1370.00 Cottonseed(Refined) 1400.00 Refined Palm Oil 1315.00 Soyabean Ref. 1370.00 Imp.Soyabean Crude - Rapeseed Ref. 1590.00 Rapeseed Exp. 1560.00 Copra white 1500.00 Rice Bran 4-7% FFA - Rice Bran 1240.00 Linseed 1950.00 Castor [...]
Jindal Stainless enters into pact with Haryana technical education board to promote tech in steel
New Delhi, Feb 21 (PTI) Jindal Stainless on Monday said it has entered into a pact with the Haryana State Board of Technical Education (HSBTE), Panchkula, to promote technical education in stainless steel technology and its applications. For this, they have agreed to institutionalise stainless steel courses in all polytechnic colleges in Haryana. "With the [...]
Businesses need to adapt to new models, unconventional thinking, says Pawan Munjal
New Delhi, Feb 21 (PTI) Organisations need to adapt to new models and unconventional thinking going ahead as a volatile and uncertain environment has undermined the effectiveness of traditional ways of operating businesses, Hero MotoCorp Chairman and CEO Pawan Munjal said on Monday. Munjal, who is the recipient of this year's AIMA JRD Tata Corporate [...]
Shriram Housing Finance Certified by ‘Great Place to Work’
MUMBAI, India, Feb. 21, 2022 /PRNewswire/ -- Shriram Housing Finance Limited, Mumbai based affordable housing finance company, promoted by Shriram City Union Finance Limited (Shriram City) and part of the Shriram Group has been Great Place to Work®-Certified in India, from February 2022 to February 2023. This certification marks the exceptional work that Shriram Housing [...]
IIHM Launches Institute of Pastry and Culinary and The First Ever Chocolate Hotel
NEW DELHI, Feb. 21, 2022 /PRNewswire/ -- The International Institute of Hotel Management has launched a world-class Pastry School, IIHM Institute of Patisserie and Culinary (IIPC) headed by renowned Pastry Expert, Chef Avijit Ghosh, Brand Ambassador, the Belgian chocolate company Callebaut and former Corporate Pastry Chef, Leela Palaces Hotels and Resorts. IIPC's first ever unique [...]
SAT dismisses Sebi order against HDFC Bank in BRH Wealth Kreators case
New Delhi, Feb 21 (PTI) The Securities Appellate Tribunal (SAT) has quashed a Sebi order against HDFC Bank, whereby the regulator had imposed a penalty of Rs 1 crore on the lender in a case pertaining to invoking securities pledged by stockbroker BRH Wealth Kreators. In addition, the regulator had directed to transfer Rs 158.68 [...]
First NFT collection series for a book launched
New Delhi, Feb 21 (PTI) Tech entrepreneur and venture capitalist Anirudh Suri's "The Great Tech Game" has been launched as arguably the first book with limited edition NFT (non-fungible tokens) collectible cards.The innovative and exciting initiative is aimed at promoting tech inclusion with the proceeds from the NFT collection. The proceeds will go to groups [...]
Buy Go Fashions, target price Rs 1,300 – ICICI Securities
ICICI Securities has given a buy call with a target of ₹1300 on Go Fashions (India) Limited.The company got listed in November, last year at a premium of 90% above its issue price.It reported a standalone total income of ₹145.22 crores in the December quarter, up by 23.96% from the previous quarter. Go Fashion (India) [...]
Capri Global Capital to enter gold loan business in H1 FY23
Mumbai, Feb 21 (PTI) Non-banking financial company (NBFC) Capri Global Capital Ltd (CGCL) on Monday said it is planning to enter the gold loan business in the first half of the financial year 2022-23. The lender aims to build a gold loan book size of Rs 8,000 crore and expand its network with 1,500 branch [...]
Wego to acquire Cleartrip’s Middle East business
New Delhi, Feb 21 (PTI) Online travel marketplace Wego on Monday said it has signed a definitive agreement with homegrown e-commerce major Flipkart to acquire Cleartrip's Middle East business. The transaction also includes the sale of Flyin.com and a technology co-operation agreement between Wego and Flipkart. "The Boards of Directors of Wego and Flipkart have [...]
Plumbing and sanitation leader IAPMO India lends support to Woloo, an innovative app that increases women’s access to safe public toilets
MUMBAI, India, Feb. 21, 2022 /PRNewswire/ -- The International Water, Sanitation and Hygiene Foundation (IWSH), the non-profit arm of International Association of Plumbing & Mechanical Officials (IAPMO) India, has lent support to Woloo, a start-up company whose app aims to improve access to clean, safe and hygienic public toilets for urban women in India. Available [...]
Continental launches new range of tyres for SUVs
New Delhi, Feb 21 (PTI) Continental Tires on Monday said it has launched a new range of tyres for sports utility vehicles (SUVs) in the country. The new all-terrain Generation 6 CrossContact AX6 tyres provide durability, low noise and tread design engineered for ultimate control and performance on all terrain and wet road conditions, the [...]
Tata Power, RWE tie up to develop offshore wind projects
New Delhi, Feb 21 (PTI) Tata Power on Monday said it has collaborated with Germany-based RWE Renewable GmbH to explore potential for a joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 per cent subsidiary of Tata Power, which [...]
Money Market Operations as on FEB 18 2021
(Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 515,431.53 3.37 0.90-5.30 I. Call Money 8,439.03 3.29 2.00-3.55 II. Triparty Repo 388,478.00 3.36 3.00-3.55 III. Market Repo 118,499.50 3.39 0.90-3.55 IV. Repo in Corporate Bond 15.00 5.30 5.30-5.30 B. Term Segment I. Notice Money** [...]
Crude oil futures decline on low demand
New Delhi, Feb 21 (PTI) Crude oil futures on Monday dropped 0.39 per cent to Rs 6,704 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for the March delivery fell by Rs 26, or 0.39 per cent, to Rs 6,704 per barrel with a business volume [...]
Guar seed futures decline on low demand
New Delhi, Feb 21 (PTI) Guar seed prices on Monday went down by Rs 24 to Rs 6,314 per 10 quintals in the futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for the February delivery were trading at Rs 6,314 down by Rs 24, or 0.38 per cent per 10 quintals [...]
Guar gum futures fall on low demand
New Delhi, Feb 21 (PTI) Guar gum prices on Monday fell Rs 29 to Rs 11,840 per five quintals in the futures market as traders offloaded their holdings in line with weak trend at the spot market. On the National Commodity and Derivatives Exchange, guar gum for the March delivery fell Rs 29 or 0.24 [...]
MUMBAI, FEB 21 (PTI)
OPENING RATES SILVER SPOT (IN RS PER KILO): 63461.00 STANDARD GOLD (99.5) : 49738.00 PURE GOLD (99.9) : 49938.00 CALCUTTA BULLION :- N/A.--------------- PTI MUM SVC SVC SVC
Adviser to Pakistan PM backs resumption of trade ties with India
Lahore, Feb 21 (PTI) Abdul Razak Dawood, adviser to Pakistan Prime Minister Imran Khan on commerce, has backed the resumption of trade with India, which was suspended by Islamabad in August 2019 after New Delhi revoked the special status of Jammu and Kashmir. Trade with India is the need of the hour and beneficial to [...]
“Lalluram.com, a journey from a four square apartment to 4 storey building”, says Chairman Namit Jain
Aiming to build a sui generic media empire, Namit Jain has assiduously put his musings in the political landscape. He is quick to take decisions and is unruffled by temporary downfalls and believes in continuity. Cracking every nutshell with his wit and humour, Jain takes up the responsibility of shaping up the digital era of [...]
SBI-DIRECT EXCHANGE RATES
MUMBAI, FEB 21 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE ) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 74.35 75.85 74.29 76.01 EUR/INR 83.94 86.82 83.87 86.99 GBP/INR 100.63 103.89 100.55 104.10 JPY/INR 64.14 66.31 64.09 [...]
Trident share price falls by more than 20%; Will it fall even more or rise?
It had reached a high of ₹68 apiece and currently, it is trading at ₹53.05, down by 21.98%.Brokerage firm Motilal Oswal is bullish on this share and believes that it can hit a target of 73 per share as per a research report dated January 20, 2022.The management has undertaken several initiatives to reduce its [...]
Low Budget allocation to healthcare: Fin secy says it is primarily states’ responsibility
Mumbai, Feb 21 (PTI) Finance Secretary T V Somanathan on Monday said healthcare is primarily the responsibility of the states, amid suggestions of the budgetary allocation to the sector still being low at 1.3 per cent of GDP. He said the Centre provides for some "cross-cutting health infrastructure" and also spends on the Pradhan Mantri [...]
AiDash acquires business, assets of geospatial firm Neurafarms.ai
New Delhi, Feb 21 (PTI) AiDash on Monday announced the acquisition of geospatial and AI (Artificial Intelligence) powered farming solutions provider Neurafarms.ai. With the acquisition of Neurafarms.ai, AiDash strengthens its product line and adds valuable talent to its team, according to a statement. The company did not disclose the size of the acquisition. "With the [...]
Strides Pharma arm gets USFDA nod to market Amantadine Hydrochloride Softgel Capsules in America
New Delhi, Feb 21 (PTI) Drugs firm Strides Pharma Science on Monday said its subsidiary has received approval from the US health regulator to market Amantadine Hydrochloride Softgel Capsules, used to treat infection caused by various strains of influenza A virus, in the American market. The company's step-down wholly-owned subsidiary, Strides Pharma Global Pte Ltd [...]
Jio’s IAX undersea cable system to land in Maldives
India's largest mobile operator Reliance Jio Infocomm will land the multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives, according to a statement on Monday. The high capacity and high-speed IAX system will connect Hulhumale directly with world's major internet hubs in India and Singapore. Jio's IAX project will land in the Maldives in collaboration [...]
India Book of Records Achieves Better than Ever Before
New Delhi, Delhi, India (NewsVoir) India Book of Records is popular amongst its regular achievers and record-breakers, those involved in a number of attempts that promote the company's presence in the record making world. It succeeds in nurturing their talents and guiding them successfully to help make the record. The following events and records were [...]
Azentio’s MFund Plus™ goes live at Samco Mutual Fund, India
Ensuring complete automation of Securities and Exchange Board of India's guidelines and internal audit policies MUMBAI, India and SINGAPORE, Feb. 21, 2022 /PRNewswire/ -- Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Samco Mutual Fund, India's youngest asset management service provider, has gone live with MFund [...]
Sunteck OneWorld, Naigaon : One Luxury. One Lifestyle. One Location.
Premium Living in the Largest Township of Western Suburbs As part of the 150 acres, Largest Township of Western Suburbs, Sunteck OneWorld is a gated community in Naigaon constructed with a vision to make your aspirations of owning a house in Mumbai with the best of amenities and comforts come true. Strategically located 3 stations [...]
Jindal Global Business School Surpasses IIMs in Research with 162 Scopus-Indexed Publications
Sonipat, Haryana, 21 February 2022: Amid the COVID pandemic in 2021, the Jindal Global Business School (JGBS) of O. P. Jindal Global University (JGU) achieved a remarkable milestone by producing 162 SCOPUS-indexed research publications and joining the ranks of the top IIMs in business research. Extensively used by ranking and accreditation institutions, SCOPUS is the [...]
Bangladeshi players are gearing up for Road Safety World Series Season 2!
February 21: As per the News reports, misinformation regarding payments due was floating around the internet regarding Bangladeshi legend players' complaints to the media about the unsettled payments for the" Road Safety World Series Edition". There has been an apology given by certain players, and they also mentioned that they didn't inform anything to the [...]
InterGlobe Aviation’s shares fall over 4% after Rakesh Gangwal’s resignation
Shares of InterGlobe Aviation Ltd dived over four per cent during the early trade on Monday, after Rakesh Gangwal resigned from the company's board of directors. On the BSE, the shares were down 4.47 per cent to Rs 2,025.45 apiece. Likewise, on the National Stock Exchange (NSE), the scrip declined 4.31 per cent to trade [...]
India, France sign roadmap to enhance bilateral exchanges on blue economy and ocean governance
Paris, Feb 21 (PTI) India and France have inked a roadmap to enhance their bilateral exchanges on the blue economy and forge a common vision of ocean governance based on the rule of law and cooperate on sustainable and resilient coastal and waterways infrastructure.The agreement was signed during External Affairs Minister S Jaishankar's three-day visit [...]
Airtel joins SEA-ME-WE-6 undersea cable consortium; anchoring 20% investment in cable system
Bharti Airtel on Monday said it has joined the 'SEA-ME-WE-6' undersea cable consortium in a bid to scale up its high-speed global network capacity to serve India's fast-growing digital economy. Airtel said it is participating as a "major investor" in the SEA-ME-WE-6 and is anchoring 20 per cent of the overall investment in the cable [...]
Binnopharm to acquire 2 anti-bacterial brands from Dr Reddy’s
New Delhi, Feb 21 (PTI) Sistema Group company Binnopharm Group will acquire Dr Reddy's Laboratories' anti-bacterial medicines under the Ciprolet and Levolet brands in Russia, Uzbekistan and Belarus, the companies said in a joint statement on Monday. The Binnopharm Group, which is one of the leading pharmaceutical production companies in Russia, has inked a deal [...]
Sensex plunges over 600 pts in line with Asian peers
Domestic equity gauge Sensex tumbled over 600 points in early session on Monday in line with sell-offs in global equities amid ongoing geopolitical tensions in eastern Europe. The 30-share BSE benchmark was trading 606.30 points or 1.05 per cent lower at 57,226.67 and the NSE Nifty was down by 189 points or 1.09 per cent [...]
India Pavilion at EXPO2020 Celebrates India-UAE CEPA Signing
Dubai, United Arab Emirates (NewsVoir) India Pavilion at EXPO2020 Dubai celebrated the signing of the historic India-UAE Comprehensive Economic Partnership Agreement (CEPA) by displaying Hon’ble Prime Minister Shri Narendra Modi’s message on this landmark strengthening of the strategic relationship between the two countries, on its facade. Here are some glimpses of the celebrations: To know [...]
Avail up to Rs. 3,000 off on Duroflex Mattress at Bajaj Finserv Online EMI Store
Buy a soft and comfortable Duroflex mattress with No Cost EMI along with other offers at the Bajaj Finserv EMI Store Pune, Maharashtra, India (NewsVoir) For sound and comfortable nights, the Duroflex mattress is the right choice. Customers can now shop for a Duroflex mattress at economical prices as the Bajaj Finserv EMI Store has [...]
VCTI Continues Fast Growth Trajectory as U.S. Seeks to Expand High-Speed Broadband
In 2021 Achieves 82% Customer Growth, 100% Customer Retention, Enhances Management, and Suite of Innovative Service Offerings BANGALORE, India, Feb. 21, 2022 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced that it is continuing on its impressive growth path and achieved 82% in customer growth in 2021, 100% customer retention, and over [...]
CSM Technologies rolls out ‘Tourque’, a seamless digital solution in experiential tourism
Post pandemic, the tourism industry has seen a digital upheaval and Tourque is a one-stop digital delight for all BHUBANESWAR, India, Feb. 21, 2022 /PRNewswire/ -- The raging COVID-19 pandemic has battered the face of global tourism and travel. Tourism is among the sectors to have borne the maximum burnt of COVID-19 induced lockdowns and [...]
NEWSALERT
Sensex tumbles over 400 pts to slip below 57,400-level in opening trade; Nifty drops over 159 pts at 17,117. PTI MKJ HRS hrs
Revamping of commerce dept on anvil for more coherent trade promotion strategy
New Delhi, Feb 20 (PTI) The government is planning to revamp the commerce department which will have a more coherent trade promotion strategy with clear targets and execution accountabilities, an official statement said on Sunday. Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review [...]
HGS bags contract worth Rs 2,100 cr from UK Health Security Agency
New Delhi, Feb 20 (PTI) Hinduja Global Solutions (HGS) on Sunday said its UK arm has bagged a contract worth Rs 2,100 crore to provide critical customer support to UK citizens for an initial period of two years. HGS UK Ltd bagged the contract from UK Health Security Agency (UKHSA), which is responsible for NHS [...]
Only Parliament will decide what development assistance is needed for Nepal: Foreign Ministry
Kathmandu, Feb 20 (PTI) Nepal has always been pursuing an independent, balanced and non-aligned foreign policy and its sovereign Parliament will decide what development assistance is needed for the country, the Ministry of Foreign Affairs said here on Sunday, in response to the contentious USD 500 million Millennium Corporation Challenge (MCC) programme. The Nepal government [...]
14.6 Lakh Subscribers added in Dec 2021 by Employees’ Provident Fund Organisation, EPFO
Retirement fund body EPFO added 14.6 lakh subscribers on a net basis in December 2021, an increase of 16.4 per cent compared to the year-ago period, according to the latest payroll data. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Sunday showed that the EPFO had added 12.54 lakh net subscribers [...]
MHA to ‘scrupulously’ carry out background check of newly appointed Air India CEO
The Ministry of Home Affairs (MHA) will "scrupulously" carry out a thorough background check of newly appointed CEO and MD of Air India, Ilker Ayci, a Turkish national, official sources said on Sunday. The Tata Group, which acquired the Air India from the government, had recently announced Ayci's appointment as the CEO and MD of [...]
Skeletons tumble out of NSE in Yogi saga: Fat fingers, flash crash, algo trades
Technology is a tiger that everyone is riding, India's top stock exchange NSE's then CEO Chitra Ramkrishna had told PTI eight years ago. At the time, she herself was riding the tiger at the helm of the National Stock Exchange, which had overtaken over 100-year-old Bombay Stock Exchange as India's biggest bourse within a year [...]
Increff raises $12 mn in series-B led by TVS Capital Funds
New Delhi, Feb 20 (PTI) Software-as-a-service provider Increff has raised USD 12 million (aroound Rs 82.62 crore) in its Series B funding round led by TVS Capital Funds, the company said. Premji Invest, Flipkart co-founder Binny Bansal's 021 Capital, and six existing angels participated in this round. Supply chain SaaS provider Increff plans to use [...]
Federal Bank subsidiary FedFina files IPO papers with Sebi
Federal Bank subsidiary Fedbank Financial Services Ltd (FedFina) has filed preliminary papers with Sebi for its initial public offering (IPO). The draft red herring prospectus (DRHP) was filed with the capital markets regulator on February 19, 2022, Federal Bank said in a regulatory filing on Sunday. "Our subsidiary Fedbank Financial Services has filed its draft [...]
Puravankara Q3 sales bookings up 17% to Rs 666 cr; 9 pc growth in Apr-Dec
Realty firm Puravankara Ltd's sales bookings rose 17 per cent to Rs 666 crore in the third quarter of this fiscal year on the back of higher volumes as well as per square feet price realisation. According to its investors presentation, Puravankara sold 0.99 million square feet area during October-December 2021-22 as against 0.91 million [...]
Govt to soon decide on giving additional charge of New India Assurance CMD
New Delhi, Feb 20 (PTI) The government will soon decide on giving additional charge of the post of chairman cum managing director (CMD) of state-owned New India Assurance as the term of incumbent Atul Sahai comes to an end later this month. The Banks Board Bureau (BBB) has not started the process for selection of [...]
BSH Home Appliances aims to be Rs 5,000 cr company by 2026
New Delhi, Feb 20 (PTI) BSH Home Appliances, which manufactures and sells products under Bosch and Siemens brands, aspires to be a Rs 5,000 crore company in India by 2026 by increasing its market addressability with expansion of product line-up, a top company official said. The company is growing at 25-30 per cent rate and [...]
STL eyes 20% biz growth in key markets in FY23 on 5G, digital network build outs
New Delhi, Feb 20 (PTI) Digital networks integrator Sterlite Technologies expects about 20 per cent growth in business across key markets of the US, Europe and India in FY2023 amid global scale-up of networks and 5G build outs, its managing director Ankit Agarwal has said. With a notable drop in COVID-19 cases and easing of [...]
Devas Recovery Suit: Air India wins nod to appeal against seizure ruling in Canada
New Delhi, Feb 20 (PTI) Air India has won a nod of an appeals court in Quebec to challenge a Canadian court order that allowed foreign investors in Bengaluru-headquartered Devas Multimedia to seize its funds to recover compensation for a failed 2005 satellite deal with Antrix Corporation, a commercial arm of ISRO. In a February [...]
Govt plans new tech, digital infrastructure to support domestic coal mines operations
The government plans to implement new technologies and build digital infrastructure to support current and future coal mines operations, a move that would reduce the country's dependency on imports. Technological advancements in coal mining are also making operations more productive. "The objective is to implement new technologies and build digital infrastructure to support current and [...]
Tata Technologies to hire additional 1,000 people in FY23 to support growth
New Delhi, Feb 20 (PTI) Tata Technologies, a global engineering and product development digital services firm, will hire at least 1,000 more people in FY2023 than its planned recruitment of over 3,000 innovators over a 12-month period to fulfil the requirements of customers as its business growth accelerates, according to a top company official. In [...]
Ashok Leyland mulls separate plant for EVs; lines up Rs 500 cr investment for alternative fuel tech
New Delhi, Feb 20 (PTI) Bullish on the future of green mobility, the Hinduja Group flagship Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according to a top company official. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains [...]
Good Fundamental Stocks that are near 52 week low; Do you hold any of them?
Global markets are in turmoil due to the geopolitical tensions between Ukraine and Russia. Experts expect that the markets will remain volatile for a while until the US Fed comes out with a further policy. The markets are in the red and it is a good opportunity to buy stocks. Here’s a list of stocks [...]
Singaporeans fall prey to Chinese-origin ‘pig-butchering’ crypto scam
Singapore, Feb 20 (PTI) Victims in Singapore have lost more money to bogus investment schemes than any other ruse in the last three years, especially falling prey to Chinese-origin "pig-butchering" cryptocurrency scam, losing SGD190.9 million last year, over five times the SGD36.9 million in 2019. Fraudsters spend months cultivating a relationship with the victims before [...]
Mandaviya lays foundation stone of nano urea project at RCF’s Trombay plant
New Delhi, Feb 19 (PTI) Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Saturday laid the foundation stone of a nano urea project at state-owned RCF's Trombay plant in Mumbai. According to an official statement, the minister laid the foundation stone of 'Nano Urea project' and 'Phosphate Rich Organic Manure (PROM)-SHEETALA' project at the Rashtriya [...]
Trade pact with UAE to boost exports, create 10 lakh jobs for Indians: Goyal
Mumbai, Feb 19 (PTI) The Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE will not only strengthen the bilateral trade ties but also also boost exports and create 10 lakh job opportunities in India, Union Minister Piyush Goyal said on Saturday. India and the UAE on Friday signed the trade pact after [...]
Ratification of MCC is Nepal’s sovereign decision: US
Kathmandu, Feb 19 (PTI) A day after China alleged that the US was pursuing "coercive diplomacy" in Nepal, the US embassy here said the USD 500 million infrastructure grants programme under the Millennium Challenge Corporation (MCC) is a "gift" to the Himalayan nation and emphasised that a decision whether to accept or reject the pact [...]
Goyal blames UPA govt for ABG Shipyard fraud
Bhopal, Feb 19 (PTI) Seeking to corner the previous UPA government over the alleged Rs 22,848 crore banking fraud by ABG Shipyard, Union Commerce and Industry Minister Piyush Goyal on Saturday said loans were disbursed to the firm during 2005 to 2012 in the rip off -- being termed as the largest such fraud in the [...]
Federal Bank’s subsidiary FedFina files IPO papers with Sebi
New Delhi, Feb 19 (PTI) Fedbank Financial Services Ltd (FedFina), which is promoted by Federal Bank, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue consist of a fresh issue aggregating up to Rs 900 crore and an Offer for Sale (OFS) [...]
Covaxin to be evaluated as COVID-19 vaccine candidate in US as USFDA lifts clinical hold
New Delhi, Feb 19 (PTI) Bharat Biotech on Saturday said its Covaxin will be evaluated as a COVID-19 vaccine candidate in the US. In a statement, Ocugen Inc, Bharat Biotech's partner in the US and Canada for Covaxin, noted that the American health regulator -- the US Food and Drug Administration (FDA) -- has lifted [...]
5 firms submit Rs 1.53 Lakh Cr proposals to set up semiconductor, display plants
The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore, an official statement said on Saturday. Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set-up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 [...]
FPOs to play key role in making India a global millet hub: Govt
The government on Saturday said farmer producer organisations (FPOs) will play a key role in making India a millet hub of the world. The issue was discussed in detail on Friday at the ongoing Dubai Expo as part of India's fortnight event on 'Food, Agriculture and Livelihood'. During the session, senior government officials and sector [...]
Steel minister lays foundation stone of residential complex at KIOCL Township
New Delhi, Feb 19 (PTI) Union Steel Minister Ram Chandra Prasad Singh on Saturday laid the foundation stone of a residential complex at KIOCL Township in Mangaluru, Karnataka. The township has a guest house, shopping complex, community hall, playground and fitness park. The employees residing in the township will be benefited once the construction of [...]
Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT
New Delhi, Feb 19 (PTI) The government will create a new equity fund for start-ups with a 20 per cent limited stake to provide additional capital support to the entrepreneurs, and the corpus will be managed by private fund managers, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Saturday. The announcement in [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
