#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
Infra stock jumps 5% after receiving construction order worth ₹270 Cr for residential tower
The shares of this smallcap company jumped around 5 percent in Tuesday’s trading session after receiving an order worth Rs. 270 crores to build residential tower in GIFT City. Price Movement: With a market capitalization of Rs. 2,603 crores, the shares of PSP Projects Ltd started Tuesday’s trading session on a flatter note at Rs. [...]
Chemical stock jumps 12% after Quant Mutual Fund bought 1.03% stake in the company
The shares of this small-cap stock jumped up to 12 percent from intraday high after Quant Mutual Fund, a domestic institutional investor, bought 2.53 lakh equity shares of the company. With a market capitalization of Rs 1,551.10 crore, the shares of Heubach Colorants India Ltd were trading at Rs 672.00 per share, increasing around 9.53 [...]
Stock jumps 30% in five days after Mukul Agrawal bought fresh stake
The shares of this microcap company have delivered over 30 percent return to its shareholders in just five trading sessions after Mukul Agrawal bought fresh stake and has achieved around 120 percent in returns on a YTD basis. Price Movement: With a market capitalization of Rs. 265 crores, the shares of Siyaram Recycling Industries Ltd [...]
Defence stock jumps 5% after company to develop mobile ground station system
Defence stock engaged in designing, developing, manufacturing, and testing a variety of defence and space equipments jumped upto 5 percent in the day’s trade upon winning a Ministry of Defence challenge and receiving eligibility for grant to develop Mobile Ground Station system for defence, space and others. Price Action With a market capitalization of Rs. [...]
Navratna stock jumps after receiving $5.40 Mil order for electric locomotives
The shares of this public-sector enterprise gained 1.4 percent after the company received a letter of award from Ntokoto Rail Holdings Pty. Ltd, worth USD 5.40 million. With a market capitalization of Rs 14,523.85 crore, the shares of Rites Ltd were trading at Rs 302.20 per share, increasing around 2.25 percent as compared to the [...]
Railway stock hits 5% upper circuit after it starts edible crude oil production in West Bengal
The shares of this microcap company locked a 5 percent upper circuit in Tuesday’s trading session after its subsidiary started crude edible oil production at the 300 TPD plant in West Bengal. The stock has delivered around a 50 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. [...]
PSU stock jumps after investing ₹385 Cr in EV battery manufacturing company
PSU stock is one of India's leading natural gas distribution companies for domestic, industrial, and commercial use jumped 2 percent in the day’s trade following Rs. 385 Investment in an EV Battery Manufacturing Company. Price Action With a market capitalization of Rs. 18,274 Crores, the shares of Mahanagar Gas Limited were trading at Rs. 1,850 [...]
Steel stock jumps 6% after it acquires 8.23% stake in NYSE listed company
The shares of the leading manufacturer of graphite electrodes gained up to 6 percent after the company announced the acquisition of an 8.23 percent stake in GrafTech International. With a market capitalization of Rs 9,007.61 crore, the shares of HEG LTD. were trading at Rs 2,333.85 per share, increasing around 5 percent as compared to [...]
Steel stock under ₹20 jumps 3% after reporting sales growth of 42% YoY in Q2
The shares of this smallcap company jumped by 3 percent in Tuesday’s trading session after reporting strong sales volume performance for the first half (H1FY25) and the second quarter (Q2FY25) of the fiscal year. Price Movement: With a market capitalization of Rs. 2,139 crores, the shares of Rama Steel Tubes Ltd started Tuesday’s trading session [...]
Adani group stock to buy now for an upside of 40%; Are you holding it?
Adani Group stock, the largest player in private transmission and the second largest player in the smart meter business, has been assigned a Buy call from one of the major brokerage houses with an upward potential of nearly 40% from Tuesday’s trading price. Share Price Movement: With a market capitalization of Rs. 1,11,959.54 crores, Adani [...]
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
BigBasket acquires Kerala startup Agrima Infotech
Thiruvananthapuram, Feb 19 (PTI) India’s largest online grocery seller BigBasket has acquired the enterprise business unit of a deep-tech company incubated by Kerala Startup Mission (KSUM) with a view to revolutionising offline retail in the country. BigBasket, a Tata enterprise, will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the [...]
NEWSALERT
Govt gets proposals worth Rs 1.53 lakh cr from 5 companies to set up electronic chip and display plants in India: Statement. PTI PRS ABM ABM
Duty-free access for jewellery sector to get huge export boost under India-UAE trade pact: Comm secy
New Delhi, Feb 19 (PTI) The domestic jewellery sector will get a huge export boost in the United Arab Emirates (UAE) market as it would get duty-free access there, while the gulf nation will get greater access to the gold market here as India will give duty concessions on import of up to 200 tonnes, [...]
KPTL announces merger with JMC Projects
New Delhi, Feb 19 (PTI) Kalpataru Power Transmission Ltd on Saturday announced a merger with JMC Projects (India) Ltd which will create one of the largest engineering, procurement and construction (EPC) companies in the country. With the appointed date of April 1, 2022, the merger process is expected to be completed in Q4 FY23, it [...]
Phase III trials of COVID drug Movfor show positive results, says Hetero
New Delhi, Feb 19 (PTI) Drug firm Hetero on Saturday announced positive results of Phase III trials of Movfor (Molnupiravir), an investigational oral antiviral COVID-19 medicine. The results, presented as an Oral Abstract at the Conference on Retroviruses and Opportunistic Infections (CROI) held virtually February 12–16, 2022, demonstrated that Molnupiravir along with standard of care [...]
KSUM partners with Google for startups to foster global links
Thiruvananthapuram, Feb 19 (PTI) Kerala Startup Mission (KSUM) has announced a collaboration with tech giant Google for local startups to connect with the global startup community.This wider network enables local startups to leverage Google’s programme comprising mentorship and training of startup teams to help scale up their solutions.The partnership was announced by Mr Paul Ravindranath, [...]
Kerala to have 15,000 startups, create two lakh jobs in 5 years: CM Pinarayi Vijayan
Thiruvananthapuram, Feb 19 (PTI) Kerala has set a target of having over 15,000 startups and 2,00,000 jobs in emerging technologies in five years, Chief Minister Pinarayi Vijayan said on Saturday. He was inaugurating the third edition of the 'Huddle Global 2022' organised by the Kerala Startup Mission (KSUM). Also, the Chief Minister opened the first [...]
Tollywood Star Nivetha Pethuraj Features in skinnsi’s Latest Campaign for At-home Laser Hair Reduction
Hyderabad, Telangana, India (NewsVoir) skinnsi, India’s Leading Dermat backed ‘Skin Clinic At-home’ brand has released a new campaign for their At-home Laser Hair Reduction featuring Tollywood Star NivethaPethuraj in a Girl Next Door Avatar who is seen voicing her dissatisfaction with painful waxing sessions during parlour visits. The ad campaign was posted on several social [...]
Takuya Tsumura to take over as new President & CEO of Honda Cars India
New Delhi, Feb 19 (PTI) Japanese auto major Honda on Saturday said it has appointed Takuya Tsumura as the new President & CEO of Honda Cars India Ltd (HCIL) with effect from April 1, 2022. The appointment comes as part of the management changes announced annually by Honda Motor Co Ltd. Tsumura, 54, will take [...]
Kansai Nerolac appoints Anuj Jain as Managing Director
New Delhi, Feb 19 (PTI) Kansai Nerolac Paints Ltd (KNPL) has appointed Anuj Jain as its Managing Director with effect from April 2022. Incumbent Managing Director and Vice-Chairman H M Bharuka retires on March 31, 2022, on completion of his term. The board of the company in its meeting held on Friday "approved the appointment [...]
India-UAE trade pact to boost apparel exports, employment, say exporters
New Delhi, Feb 19 (PTI) Implementation of the comprehensive free trade agreement between India and the UAE would help boost the country's exports and creation of lakhs of jobs, according to exporters. Welcoming the signing of the Comprehensive Economic Partnership Agreement (CEPA) between India and the United Arab Emirates (UAE) on Friday, Apparel Export Promotion [...]
Purchase a Ninety One Electric Cycle from the Bajaj Finserv EMI Store to Get an Assured Cashback Voucher of Rs. 5,000
Shop for a Ninety One electric cycle with No Cost EMI along with other discounts and cashback offers at the Bajaj Finserv EMI Store Pune, Maharashtra, India (NewsVoir) Ninety One electric cycles are known for their exceptional quality, stylish body, and top-tier features. Customers can buy their favouriteNinety One electric cycle with exciting deals and [...]
Noted Indian-American engineer Sanjay Ramabhadran to be next Houston METRO chairman
Houston, Feb 19 (PTI) Noted Indian-American engineer Sanjay Ramabhadran has been named as the next chairman of the Metropolitan Transit Authority of Harris County, becoming the first from the community to lead the major public transportation agency in the US state of Texas.Rambhadran, 51, a registered engineer and a graduate of BITS Pilani and later [...]
Future Retail pays $14 mn interest on USD notes in grace period
New Delhi, Feb 19 (PTI) Debt-ridden Future Retail has made a payment of USD 14 million (around Rs 104.55 crore) for interest due on the dollar-denominated notes (USD Notes) listed on the Singapore Stock Exchange after missing the due date last month. The USD notes had a grace period of 30 days for making the [...]
Resume Inc. Launches World’s First Blockchain Resume Builder
NFT resumes to target misrepresentation issue plaguing employers with key layer of data validation Mumbai, Maharashtra, India – Business Wire India Resumes may seem a world apart from what makes sense as an NFT. Same with digital perfume and toilet paper, mind you, but that didn’t stop someone from paying US$4,100 for a flowered roll [...]
EV charging stations expand 2.5 times in 9 Mega Cities
Electric vehicle (EV) charging stations have expanded by two-and-a-half times across nine mega cities, including Delhi, Mumbai and Chennai, in the last four months, the power ministry said on Saturday. Efforts by the government resulted in 2.5 times increase in charging stations in Surat, Pune, Ahmedabad, Bengaluru, Hyderabad, Delhi, Kolkata, Mumbai, and Chennai in the [...]
Sri Ramakrishna Hospital – Coimbatore’s First Free Hospice Opened for Terminally Ill Patients
Coimbatore, Tamil Nadu, India – Business Wire India With the support of SNR Sons Charitable Trust and Sri Ramakrishna Institute of Oncology and Research (SRIOR), on February 4th, the hospital has inaugurated Coimbatore's first free-of-cost Palliative care center at Pachapalayam near Perur for terminally ill cancer patients. Cancer may be a life-threatening condition yet it [...]
Tier II and III cities to be growth drivers over the next 2 yrs: Sundaram Home Finance
Chennai, Feb 19 (PTI) Sundaram Home Finance has pegged tier II and III cities to be the growth drivers over the next few years and has drawn up plans to recruit 200 people in the southern market, company Managing Director D Lakshminarayanan has said. The company was bullish on the long term prospects of the [...]
India UAE trade pact to boost trade to USD 100bn in 5 yrs, create lakhs of jobs: Goyal
New Delhi, Feb 18 (PTI) The comprehensive free trade agreement signed between India and the UAE would help the two-way commerce reach the USD 100 billion mark in over five years and create lakhs of jobs in both countries, Commerce and Industry Minister Piyush Goyal said on Friday. The agreement, dubbed as the Comprehensive Economic [...]
SBI, BoB, Union Bank subscribe to shares of IDRCL
Public sector banks SBI, Bank of Baroda and Union Bank on Friday said they have subscribed to 99,000 shares each of the yet to be operational asset reconstruction company IDRCL. In a regulatory filing, country's largest lender State Bank of India (SBI) said it has acquired 99,000 shares of India Debt Resolution Company Ltd (IDRCL), [...]
India-UAE CEPA will lead to glorious, shared future: EAM Jaishankar
Dubai, Feb 18 (PTI) External Affairs Minister S Jaishankar said the Comprehensive Economic Partnership Agreement (CEPA) signed between India and the UAE on Friday marked a milestone in the bilateral ties, which will lead to a glorious, shared future and enhanced investments. The path-breaking trade agreement was signed during a virtual summit between Prime Minister [...]
Bids invited bids for resolution of Reliance Capital
New Delhi, Feb 18 (PTI) As part of the resolution process, the RBI-appointed administrator on Friday invited expressions of interest (EoIs) for sale of debt-ridden Reliance Capital promoted by Anil Ambani Group. The RBI had on November 29 last year superseded the board of Reliance Capital Ltd (RCL) in view of payment defaults and serious [...]
NCLAT dismisses Go Airlines petition against withdrawal of Sovika Aviation Services’ insolvency proceedings
New Delhi, Feb 18 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed a petition filed by budget carrier Go Airlines against an order passed by the NCLT allowing withdrawal of insolvency proceedings against Sovika Aviation Services. The Mumbai bench of the National Company Law Tribunal (NCLT) had on September 23, 2021 allowed the [...]
GMDC gets green nod for deep mining of Tadkeshwar lignite block
New Delhi, Feb 18 (PTI) Gujarat Mineral Development Corporation (GMDC), a leading mining public sector enterprise and the largest lignite seller in the country, on Friday said it has received the approval from the environment ministry to mine the Tadkeshwar lignite block in Gujarat up to the depth of 135 meters. The company had earlier [...]
Equitas Small Finance Bank sets QIP issue price at Rs 53.59 per share
New Delhi, Feb 18 (PTI) Equitas Small Finance Bank (SFB) on Friday said it has fixed the price for its proposed QIP issue at Rs 53.59 per share. The bank in October 2021 had said that it will raise up to Rs 1,000 crore through a qualified institutional placement (QIP) in order to fulfil the [...]
Centre allocates 4.36 lakh tons fertilisers to Chhattisgarh in Rabi season against demand of 3.61 lakh tons
New Delhi, Feb 18 (PTI) The Centre has made available 4.36 lakh tonnes of fertilisers to Chhattisgarh so far for the rabi (winter sown) season as against the requirement of 3.61 lakh tonnes. In an official statement, the Ministry of Chemicals and Fertilisers said as on February 17, 2022, 4.36 lakh tonnes have been made [...]
Godrej Properties commits USD 700-900 mn investment in last 3 yrs; remains bullish on growth
New Delhi, Feb 18 (PTI) Realty firm Godrej Properties Ltd has committed investments worth USD 700-900 million in the last three years and continues to be extremely bullish on the Indian real estate sector, a senior company official said. Addressing a CII-Anarock conference, Godrej Properties Ltd (GPL) MD and CEO Mohit Malhotra said the company [...]
Jindal Stainless signs pact with NIFTEM
New Delhi, Feb 18 (PTI) Jindal Stainless on Friday said it has entered into a pact with National Institute of Food Technology Entrepreneurship and Management (NIFTEM) to work towards skill development, entrepreneurship, and academic cooperation. As part of the signed MoU, Jindal Stainless and NIFTEM will collaborate on multiple fronts and take up research and [...]
IDFC FIRST Bank appoints Jaimini Bhagwati on board as addl director
New Delhi, Feb 18 (PTI) IDFC FIRST Bank on Friday said its board has approved the appointment of former economist and IFS officer Jaimini Bhagwati as an additional director on its board for three years. Based on the recommendation of the nomination and remuneration committee, the board of directors of the bank has approved the [...]
In a first, France joins China to build USD 1.7 billion global infra projects
Beijing, Feb 18 (PTI) France has become the first country to join China to jointly build seven infrastructure projects worth over USD 1.7 billion in Africa, South East Asia and Eastern Europe, in a boost for Beijing in the face of its growing hostility with the US. Following up on the recent virtual meeting between [...]
NHPC incorporates subsidiary for renewable energy biz
New Delhi, Feb 18 (PTI) State-owned hydro power giant NHPC has incorporated a wholly-owned subsidiary for clean energy business, including green hydrogen. As per a BSE filing, the new company -- NHPC Renewable Energy Ltd -- was registered with Registrar of Companies, NCT of Delhi & Haryana, on February 16, 2022. The development comes against [...]
Delhi HC refers to arbitration dispute between Munjals over use of Hero trademark
New Delhi, Feb 18 (PTI) The Delhi High Court has referred to a three-member arbitral tribunal the dispute between Vijay Kumar Munjal and Pawan Munjal of the Munjal Group concerning the latter's usage of the “Hero” trademark for his electric vehicles business.Justice Vibhu Bakhru, while dealing with the petition filed by Vijay Kumar Munjal and [...]
Flight services from Assam’s Rupsi airport extended to 6 days a week
Guwahati, Feb 18 (PTI) In a boost to regional connectivity, Rupsi Airport in Assam’s Kokrajhar district from Friday extended regular flight services to Kolkata and Guwahati to six days a week.According to a statement issued by the authorities of the airport, Fly Big airlines will connect Rupsi directly with Kolkata and Guwahati.“We are happy to [...]
Top NRI business leaders hail signing of Comprehensive Economic Partnership Agreement between India and UAE
Dubai, Feb 18 (PTI) Leading NRI businessmen on Friday hailed the signing of the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE, saying the landmark deal will take the economic and commercial engagements to the next level and bring both the sides on a win-win position. CEPA, a comprehensive path-breaking trade agreement between [...]
Coal sector faces challenging H2 as imports fall, global prices spike: CIL
New Delhi, Feb 18 (PTI) State-owned CIL on Friday said the second half of the current fiscal year has remained tough for the country's coal sector with decrease in coal imports and tripling of international coal prices. Beside, the prolonged monsoon in the coal-bearing areas made the situation more challenging. Facing this situation, Coal India [...]
HDFC Bank non-executive director Srikanth Nadhamuni resigns
HDFC Bank on Friday said Srikanth Nadhamuni has resigned as a director from its board, citing potential future interests. Nadhamuni has tendered his resignation as non-executive (non-independent) director of HDFC Bank vide his resignation letter dated February 18, 2022, effective Friday, HDFC Bank said in a regulatory filing. The bank said Nadhamuni has cited potential [...]
HCL Tech extends relationship with RACV through multi-year contract
New Delhi, Feb 18 (PTI) IT company HCL Technologies has extended its relationship with The Royal Automobile Club of Victoria (RACV) with a multi-year agreement to provide Integration-as-a-Service offering. The company did not divulge the size of the contract. As a motoring club, RACV is a member-driven organisation that provides a range of products and [...]
NEWSALERT
India, UAE ink Comprehensive Economic Partnership Agreement to boost economic ties. PTI RR MR MR MR
Focus on domestic market will help tourism, hospitality industry recover: Chhatwal
Mumbai, Feb 18 (PTI) Focus on domestic business will help the tourism and hospitality sector recover from the adverse impact of the pandemic, Indian Hotels Company Ltd (IHCL) Managing Director and Chief Executive Officer Puneet Chhatwal said on Friday. "We need to focus more and more on domestic business, leisure or non-leisure. If we do [...]
Bank of Baroda subscribes to 99,000 shares of IDRCL
New Delhi, Feb 18 (PTI) Public sector Bank of Baroda on Friday said it has subscribed to 99,000 shares of asset reconstruction company India Debt Resolution Company Ltd (IDRCL). The acquisition is subject to execution of investment agreement. "Bank of Baroda has subscribed to 99,000 shares of India Debt Resolution Company Ltd (IDRCL)," the bank [...]
Bill Gates to chat with Telangana Minister during BioAsia
Hyderabad, Feb. 18 (PTI) Telangana Minister KT Rama Rao will participate in an interactive session with co-founder of Microsoft Corporation Bill Gates during BioAsia, the largest annual global Biotechnology and Life Sciences convention of Asia, starting on February 24. “The highlight of the 2022 edition will be a fire-side chat between K.T. Rama Rao, Minister [...]
China wades into Nepal’s political divisions over US-funded MCC grant; says it is opposed to coercive diplomacy
Beijing, Feb 18 (PTI) Wary of the USD 500 million Millennium Corporation Challenge (MCC) programme of the US to Nepal which has resulted in sharp political polarisation in the Himalayan nation, China on Friday said it is against "coercive diplomacy" and aid at the expense of sovereignty. Wading into the political debate in Kathmandu over [...]
TAI for inclusion of bought leaf factory as stakeholder in new tea law
Kolkata, Feb 18 (PTI) Plantation growers' body Tea Association of India (TAI) has requested the Tea Board to include bought leaf factories as stakeholders in the new law that will replace the existing Tea Act.A draft Tea (Promotion and Development) Bill, 2022, has been sent to the stakeholders for their feedback.The Bill has included blenders, [...]
Intra-city mini-truck aggregator Porter to offer long-distance space soon
Mumbai, Feb 18 (PTI) The Mahindra group, Tiger Global and Sequoia-backed Porter, an on-demand intra-city last-mile logistics aggregator, is entering the long distance, inter-city segment as well as offering packers & movers service. It also plans to expand to 25 cities this year from 15 cities now. The Uber of last-mile logistics was founded by [...]
Vedanta to invest up to USD 20 bn in semiconductor biz in India, rollout by 2025
New Delhi, Feb 18 (PTI) Indian conglomerate Vedanta has earmarked USD 15 billion for foray into the electronic chip and display manufacturing space, and plans to scale up the investment to as much as USD 20 billion (about Rs 1.5 lakh crore), a senior company official said. It expects to roll out display units, for [...]
Sebi moots new disclosure framework for IPOs of loss-making cos
New Delhi, Feb 18 (PTI) Markets watchdog Sebi on Friday proposed that loss-making new age technology companies planning to list their shares should make disclosures about their key performance indicators considered for arriving at the basis of issue price in offer documents. Besides, such companies should make disclosures about their valuations based on issuance of new [...]
‘Gas leak’ in Durgapur Steel Plant; 3 contract workers die
Three contract workers died in an accident in Durgapur Steel Plant (DSP) while working on a maintenance job in a part of the unit in West Bengal's Paschim Bardhaman district on Friday, the plant authorities said. Union leaders alleged that they died after inhaling toxic gas. The three fall unconscious while working at the basic [...]
PM bats for early completion of Mumbai-Ahmedabad bullet train project
Mumbai, Feb 18 (PTI) Prime Minister Narendra Modi on Friday pushed for early completion of the Mumbai-Ahmedabad high-speed rail project and said his government's focus is on creating infrastructure for the 21st century in the financial capital.He said the ambitious project (also called bullet train) is the need of the hour as it will strength [...]
CSB Bank gets RBI nod to appoint Pralay Mondal as Deputy MD
New Delhi, Feb 18 (PTI) CSB Bank on Friday said the Reserve Bank has approved appointment of Pralay Mondal as the deputy managing director of the private sector lender for three years. "Pralay Mondal has been appointed as Deputy Managing Director of CSB Bank post RBI's approval in terms of Section 35B of the Banking [...]
Govt to start doorstep distribution drive for crop insurance as PMFBY enters 7th year
New Delhi, Feb 18 (PTI) As the Pradhan Mantri Fasal Bima Yojana (PMFBY) enters the seventh year of implementation with the upcoming Kharif season, the government on Friday said it will launch a doorstep distribution drive to deliver crop insurance policies to farmers. The doorstep campaign 'Meri Policy Mere Hath' aims to ensure all farmers [...]
Co-promoter Gangwal resigns from IndiGo board; will gradually reduce stake in airline over 5 years
IndiGo's co-promoter Rakesh Gangwal on Friday resigned from the board of directors of parent company InterGlobe Aviation, stating that he will gradually reduce his equity stake in the airline over the next five years. Gangwal and his related entities own around 37 per cent stake in this company. Rahul Bhatia and his related entities own [...]
Toro Finserve launches USD 1 bn healthcare fund
Mumbai, Feb 18 (PTI) Healthcare industry veteran Kapil Khandelwal's Toro Finserve has announced the launch of its maiden healthcare fund with a USD 1 billion (about Rs 7,450 crore) commitment from investors, primarily hedge funds and healthcare industry players. Khandelwal, who launched the country's first quant (algo-based) hedge fund -- EquNev-K1t Capital -- which he [...]
Propelld raises USD 35 million from WestBridge Capital, others
New Delhi, Feb 18 (PTI) Education-focussed fintech firm Propelld on Friday announced raising USD 35 million (about Rs 262 crore) from WestBridge Capital and others. Existing investors Stellaris Venture Partners and India Quotient also participated in the Series-B funding round. Founded in 2017 by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh [...]
‘The Founders’: Book tells story behind making of tech giant PayPal
New Delhi, Feb 18 (PTI) Mapping the trailblazing story of multinational digital-payments company PayPal, a new book sheds light on how a scrappy start-up turned into one of the most successful companies of all time, worth over USD 70 billion today."The Founders", written by author Jimmy Soni, offers colourful anecdotes about perennially popular figures like [...]
5th Global Bhagavad Gita Convention based on the Theme of Mental Harmony to be Inaugurated by Hon’ble Vice President of India, Shri M. Venkaiah Naidu
Washington DC, United States (Newsvoir) The Center for Inner Resources Development (CIRD) North America is hosting the highly anticipated 5th Global Bhagavad Gita Convention (GBGC) live on its YouTube Global Gita channel from February 19 to 21, 2022. GBGC 2022 will be inaugurated by the Honourable Vice President of India, Shri M. Venkaiah Naidu, in [...]
Ambuja Cements shares fall over 6% on weak quarterly results
Shares of Ambuja Cements Ltd fell nearly 6% on Friday after the company reported a decline of 55.48 per cent in its consolidated net profit for the fourth quarter. On BSE, the scrip closed 5.87 per cent lower at Rs 338.3. Intra-day, it was trading at Rs 337.2. Likewise, on NSE, the counter closed at [...]
HGS clears 20:63 share entitlement ratio for acquisition of NXTDIGITAL’s digital, media biz
New Delhi, Feb 17 (PTI) Hinduja Global Solutions (HGS) board has approved share entitlement ratio of 20:63 for acquisition of the digital, media and communications business of NXTDIGITAL, the company said on Friday.The acquisition of NXTDIGITAL (NDL's) business undertaking will not entail cash outflow from HGS.HGS will issue 20 equity shares of Rs 10 each [...]
JUBILANT INGREVIA LIMITED COMMISSIONS NEW FACILITY FOR DIKETENES & DERIVATIVES
Noida, UP, India, February 18, 2022: Jubilant Ingrevia Limited, a global integrated Life Science products and Innovative Solutions provider with over 42 years of experience offering over 165 products & innovative solutions using more than 35 key chemistry and technology platforms across its three portfolio of businesses viz Acetyls, Pyridines and Vitamins & Premixes, today [...]
Cambio – A Premium Bicycle Brand Launched
Cambio Bikes – a premium bicycle brand is launched by Avon Newage Cycles Pvt. Ltd., a new company promoted by Avon Cycles Ltd. to cater the premium bicycles segment. Cambio is a German Engineered product with best of the componentry and design aesthetics. It will cater to the niche customer who is lifestyle conscious and [...]
BIS developing quality standards for aqua feed covering new species
New Delhi, Feb 18 (PTI) To ensure quality aqua feed products, the government on Friday said the Bureau of Indian Standards (BIS) is in the process of developing new Indian Standards for aqua feed covering new species. At present, BIS has published four Indian Standards for aqua feed for carp, catfish, shrimp and freshwater prawn. [...]
India invites proposals from agri-startups, FPOs at Dubai Expo
New Delhi/Dubai, Feb 18 (PTI) India on Friday invited proposals from startups and Farmer Producer Organisations (FPOs) at the ongoing Dubai Expo, where the country showcased its investment-friendly policies and growth opportunities in agriculture and allied sectors. Inaugurating the 'Food, Agriculture and livelihood' fortnight at the India Pavilion in Dubai Expo, Abhilaksh Likhi, Additional Secretary [...]
COMMODITY PRICES
MUMBAI, FEB 18 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 748.00 COPPER HEAVY SCRAPS 736.00 COPPER ARMATURE (CREDIT) 716.00 COPPER UTENSILS SCRAP 647.00 CC ROD 802.00 BRASS :- BRASS SHEET CUTTING 542.00 BRASS UTENSIL SCRAP 492.00 BRASS HONEY 483.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 191.00 ALUMINIUM EXTRUSION SCRAP 223.00 ALUMINIUM INGOTS [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 18 (PTI) OILS (per 10 Kgs) G.Nut Raw 1365.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1285.00 Sunflower Exp.Ref. 1345.00 Cottonseed(Refined) 1360.00 Refined Palm Oil 1290.00 Soyabean Ref. 1325.00 Imp.Soyabean Crude - Rapeseed Ref. 1570.00 Rapeseed Exp. 1540.00 Copra white 1500.00 Rice Bran 4-7% FFA - Rice Bran 1250.00 Linseed 1950.00 Castor [...]
Dollar millionaires in India rise 11% in pandemic-hit 2021; less happy than last year: Survey
Mumbai, Feb 18 (PTI) Dollar millionaires or those possessing a personal wealth of over Rs 7 crore rose by 11 per cent to 4.58 lakh households in India at the end of the pandemic-hit 2021, as per a survey. The survey of 350 such dollar millionaires also indicated that the number of those who classify [...]
CBI questions former NSE CEO Chitra Ramkrishna
The CBI on Friday questioned former CEO of National Stock Exchange Chitra Ramkrishna in the view of fresh facts emerging in connection with its ongoing probe into alleged abuse of co-location facility in the NSE, officials said. The CBI has also issued look out circulars against Ramkrishna, another former CEO Ravi Narain and former Group [...]
Mapping 6 lakh villages under SVAMITVA & 3D Maps for 100 cities a game-changer
February 18: Dr. Jitendra Singh informed that Geospatial Policy would be announced soon as the liberalisation of the guidelines has yielded very positive outcomes within one year’s time. He said, open call for empanelment of Geospatial companies by Survey of India for mapping 6 lakh villages under the SVAMITVA scheme and the launch of pan-India [...]
Epsilon India Is Now Great Place to Work-Certified™!
Bengaluru, Karnataka, India – Business Wire India Epsilon announced today that the company has been Great Place to Work®-Certified in India (from Feb 2022 to Feb 2023). Epsilon India has been recognized for its efforts in building a High-Trust, High-Performance Culture™. Great Place to Work® Certification is recognized by employees and employers worldwide and is [...]
Juspay launches OpenPPI to support Interoperability of Prepaid Instruments
• RBI issued a regulation to make Prepaid Instruments (PPI) Interoperable by 31st Mar'22 to drive financial inclusion and improve PPI acceptance. • With interoperability, PPIs will support the features of UPI apps, enabling them to operate as 'Digital Banks' in transferring money between wallets and bank accounts. • Juspay's new offering - OpenPPI - [...]
JOURNOMED ANNOUNCES MEDIA FELLOWSHIP 2021-22 FOR DOCTORS
Medical practitioners can facilitate responsible and respective reporting on issues related to various aspects of healthcare. Core themes are around mental wellness, health and wellness and technology adoption for medicos. BANGALORE, India, Feb. 18, 2022 /PRNewswire/ -- JournoMed, the health and medical based news platform from MedPiper Technologies, presents JournoMed Media Fellowship 2021-22 for medical [...]
Crude oil futures dip on weak demand
New Delhi, Feb 18 (PTI) Crude oil prices fell by Rs 47 to Rs 6,680 per barrel on Friday in futures trade in line with weak global cues. On the Multi Commodity Exchange, crude oil for the March delivery dropped by Rs 47, or 0.7 per cent, to Rs 6,680 per barrel with a business [...]
States’ fiscal deficit to stand at 3.6% in FY23: Ind-Ra
Mumbai, Feb 18 (PTI) Revising the outlook on state finances to "improving" in FY23 from "neutral", India Ratings expects the aggregate fiscal deficit of the states to come in at 3.6 per cent of their gross domestic product from 3.5 per cent in FY22 on the back of robust revenue growth. The agency had earlier [...]
IndiGo takes delivery of its first A320 neo plane powered with sustainable aviation fuel
New Delhi, Feb 18 (PTI) The country's largest airline IndiGo on Friday took delivery of its first aircraft from Airbus that operated on a blend of sustainable aviation fuel and normal fuel. After the plane landed at the airport here from France on Friday, IndiGo CEO Ronojoy Dutta said the airline is also talking to [...]
Mahindra Holidays to sell entire 10.76% stake in Nreach Online Services
New Delhi, Feb 18 (PTI) Mahindra Holidays & Resorts India Ltd on Friday said it will sell its entire 10.76 per cent stake in Nreach Online Services Pvt Ltd for a consideration of Rs 29.31 crore to Gift Management Asia Pte Ltd. The company has entered into an agreement with Gift Management Asia for the [...]
Can you buy shares of CSK (Chennai Super Kings)? How much will it cost you?
Kotak Mahindra AMC invited bids for one lakh shares of Chennai Super Kings Cricket Limited on the eve of IPL (Indian Premier League) players’ auction that happened on Saturday. In January 2022 its valuation reached the ₹7600 Cr mark, making it a unicorn.A week ago, on February 11th 2022, the company’s share prices soared over 1,000 [...]
NHPC incorporates NHPC Renewable Energy Ltd
New Delhi, Feb 18 (PTI) State-owned hydro power giant NHPC has incorporated NHPC Renewable Energy Ltd for clean energy business. As per a BSE filing, the new company was registered with Registrar of Companies, NCT of Delhi & Haryana, on February 16, 2022 for development of renewable energy, small hydro and green hydrogen projects. This [...]
ApnaComplex Bags the Best Community and Society Management ERP Solution Award
Bangalore, Karnataka, India – Business Wire India ApnaComplex, a pioneer in the Society Management PropTech world wins big as the Best Proptech ERP Solution of the year 21 - 22 for its unique Community & Society Management ERP platform at the Realty+ PropTech Awards Ceremony on Friday 10 February 2022. Shajai Jacob, MD & Country [...]
Buy Kurlon Mattress from the Bajaj Finserv EMI Store and Get a Voucher of up to Rs. 3,000
For comfort and quality, purchase a Kurlon mattress with No Cost EMI along with other discounts and cashback offers at the Bajaj Finserv EMI Store Pune, Maharashtra, India (NewsVoir) Make your nights more comfortable with Kurlon mattresses as the Bajaj Finserv EMI Store has announced pocket-friendly discounts and cashback offers on every purchase. Shoppers can [...]
Kauvery Hospital Successfully Performs Leadless Pacemaker Implantation on a 58-year-old man, First in Trichy
Trichy, Tamil Nadu, India (NewsVoir) Kauvery Hospital Heart city - Trichy, a unit of Kauvery Group of Hospitals, a leading multispecialty healthcare chain in Tamil Nadu, today announced the successful implantation of a leadless pacemaker on a patient with recurrent pacemaker allergy. The patient, aged 58 years, had approached the hospital with complaints of multiple [...]
Cloudnine, India’s premium birthing centre announces three new appointments to its Board of Directors
BENGALURU, India, Feb. 18, 2022 /PRNewswire/ -- Cloudnine, India's premium birthing centre in India has announced the appointment of three new independent directors to its board. Ms. Nupur Garg, a leading investor in private equity and venture capital space and founder of WinPE, Ms. Lizzie Chapman, an entrepreneur pioneering 'Buy Now, Pay Later' in India [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 18 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 64133.00 STANDARD GOLD (99.5) : 50013.00 PURE GOLD (99.9) : 50214.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 64000.00 RS. PER KG.SILVER RDY.(PORTION) : 64100.00 RS. PER KG.GOLD (24 CARAT) RDY. : 50750.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 48150.00 RS. PER [...]
MUMMBAI, FEB 17
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 63400.00 63785.00 STANDARD GOLD (99.5) : 49768.00 49908.00 PURE GOLD (99.9) : 49968.00 50109.00 --------------- PTI MUM SVC SVC SVC
SBI-DIRECT EXCHANGE RATES
MUMBAI, FEB 18 (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 [...]
RBI-MONEY MARKET OPERATIONS
MUMBAI, FEB 18 (PTI) Money Market Operations as on FEB 17 2021 (Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 532,962.17 3.23 0.01-5.25 I. Call Money 7,089.98 3.22 2.20-3.45 II. Triparty Repo 411,941.55 3.22 3.14-3.39 III. Market Repo 113,915.64 3.24 0.01-3.45 IV. Repo [...]
Edible oil industry body COOIT seeks sops to promote mustard seeds cultivation
New Delhi, Feb 18 (PTI) Edible oil industry body COOIT has demanded that the government should promote cultivation of mustard seeds in the country to boost the domestic production of edible oil and reduce import dependence. The Central Organisation for Oil Industry & Trade (COOIT) also requested the government to maintain a reasonable import duty [...]
Guar seed futures rise on fresh bets
New Delhi, Feb 18 (PTI) Guar seed prices on Friday rose by Rs 54 to Rs 6,385 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend in spot market.On the National Commodity and Derivatives Exchange, guar seed for February contracts increased by Rs 54, or 0.87 per cent, [...]
Himanta urges investors to take advantage of customisable industrial policy & invest in Assam
Guwahati, Feb 18 (PTI) Assam Chief Minister Himanta Biswa Sarma urged leading industrialists and financiers in Mumbai to invest in diverse sectors in the state and assured them of total cooperation from the government in this regard.He held separate meetings with industry leaders at a roundtable organised by FICCI as well as with Tata Group [...]
Guar gum futures gain on spot demand
New Delhi, Feb 18 (PTI) Guar gum prices on Friday gained Rs 115 to Rs 11,827 per five quintal in 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 by 0.98 per cent, or Rs 115, to Rs 11,827 per [...]
India’s GDP likely to grow at 5.8% in Oct-Dec: SBI report
Mumbai, Feb 18 (PTI) The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report- Ecowrap. The country's economy expanded by 8.4 per cent in the second quarter of 2021-22, to cross pre-pandemic levels. However, the GDP growth in [...]
Pandemic effect: Indian consumers now more conscious of health, fitness and holistic nutrition, says survey
New Delhi, Feb 18 (PTI) Indian consumers are willing to spend more on fitness classes and activities, consuming natural foods, health supplements, and following specialised diets with the COVID-19 pandemic creating 'the biggest seismic shift' taking health and immunity to the centre stage, according to a survey by consultancy firm EY India. Around 94 per [...]
HarperCollins Publishers India: Celebrating women from India who loved science enough to fight for their place in the sun
NEW DELHI, Feb. 18, 2022 /PRNewswire/ -- Talking about the book, author and illustrator Ilina Singh says, "It's time for young people to discover the hidden figures- remarkable gutsy girls who pioneered science in India. I wish schools in India would tell us children more about female role models because we can't be what we [...]
‘Get Noticed’: A digital Grooming School from Miss India Organization to power the aspirants personality
- Bringing the legacy, the tradition, the experience, now making it easily accessible. Seven subjects, Seven celebrity mentors, and one life-changing school — The Grooming School from the House of Miss India MUMBAI, India, Feb. 18, 2022 /PRNewswire/ -- The Miss India Organisation has decided to leverage its vast experience and expertise in transforming women [...]
Metaverse to push data usage by 20 times in next 10 years; Jio, Airtel to gain: Report
The transition of the digital ecosystem to the metaverse, where a person will feel immersed in a virtual world, will push data usage by 20 times across the globe by 2032 and telecom operators Bharti Airtel and Reliance Jio are suitably placed to benefit from the surge in India, a Credit Suisse report has said. [...]
Mzaalo Selected for Jio Developers Build for Bharat Growth Pad Program to Support Tech Startups
Mumbai, Maharashtra, India – Business Wire India Mzaalo, a gamified video and entertainment ecosystem, today announced that it has formed a strategic partnership with Jio to deliver digital entertainment to underserved audiences throughout the rural India. Through this partnership, Mzaalo’s premium content catalogue and rewards ecosystem will be available on Jio’s low-cost phones, and freely [...]
Woxsen University Signs MoU with HHL Leipzig Graduate School of Management, Germany
HYDERABAD, India, Feb. 18, 2022 /PRNewswire/ -- Woxsen University officially signed the MoU with HHL Leipzig Graduate School of Management for the jointly formed Centre of Excellence (CoE). The event took place at the Woxsen University campus on 16th February 2022. The centre which is formed to specifically drive advancements in the field of Entrepreneurship [...]
Times Higher Education Young University Rankings 2022
KIIT Ranked 251-300 Globally, Among Handful of Indian Varsities to Figure in the List BHUBANESWAR, India, Feb. 17, 2022 /PRNewswire/ -- Kalinga Institute of Industrial Technology (KIIT) Deemed to be University, Bhubaneswar has been ranked in the cohort of 251-300 globally in the Times Higher Education (THE) Young University Rankings 2022. The best universities under [...]
PGIM India launches ELSS Fund campaign #SaveTaxCreateWealth
MUMBAI, India, Feb. 18, 2022 /PRNewswire/ -- PGIM India Mutual Fund has rolled out its latest digital campaign #SaveTaxCreateWealth with a set of two films to drive investor awareness and the adoption of ELSS Mutual Fund amongst Indian Millennials. Conceptualised by FCB Interface the film urges youngsters to choose a facility that allows them to [...]
Bengal govt holds meeting on proposed Tajpur port with Adani group official
West Bengal Chief Secretary HK Dwivedi on Thursday held a meeting with a representative of the Adani group and other state government officers in connection with building a proposed deep sea port at Tajpur, a senior official of the state government said. There were discussions on whether the last date of submission for the tender [...]
IndiaMart.com, 4 other Indian markets figure in US Notorious Markets List for counterfeiting and copyright piracy
Washington, Feb 17 (PTI) India's popular e-commerce website IndiaMart.com and four other markets, including New Delhi's famous Palika Bazaar, have figured in the latest annual list of the world's notorious markets released by the US Trade Representative on Thursday. The 2021 Notorious Markets List identified 42 online and 35 physical markets around the world that [...]
Gujarat CM unveils new biotechnology policy
Ahmedabad, Feb 17 (PTI) Gujarat Chief Minister Bhupendra Patel on Thursday unveiled a new biotechnology policy for the next five years that seeks to make Gujarat one of the leading states in the country in the key sector and create 1.20 lakh employment opportunities.The "Gujarat Biotechnology Policy 2022-27" has been formulated with a vision to [...]
AI cautions against advt claiming to have developed prototype app for the airline
New Delhi, Feb 17 (PTI) Air India on Thursday said it is contemplating action with respect to an advertisement claiming to have developed a prototype of an app, especially for the airline. In a public notice, Tatas-owned Air India said the prototype app has been developed without the involvement or consent of Air India. "Air [...]
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.
