#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
Penny stock jumps 17% after company to be listed on NSE
The shares of this microcap company surged around 17 percent in Tuesday’s trading session after receiving NSE approval to list its shares. In just one month, the stock has delivered around a 30 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 638 crores, the shares of U. Y. Fincorp Ltd [...]
Power stock jumps after receiving order worth ₹ 240 Cr for hydropower project
Power stock which is one of the leading players in the Power Transmission & Distribution industry engaged in providing focus engineering, procurement & construction, and many other services in focus upon receiving a new work order worth Rs. 240.40 Crores from Blue Energy Limited. Price Action With a market capitalization of Rs. 2,658 Crores, the [...]
EV stock hits 5% upper circuit after company to acquire 70% stake in Haitek Automotive
The small-cap EV stock touched a 5% upper circuit following its board's approval to acquire a 70% stake in Haitek Automotive Private Limited, making it a subsidiary of the company post acquisition. Share price variations: With a market capitalization of ₹2,327.76 crores, Mercury Ev-Tech Ltd opened the trading session at ₹129.80 per share, 2.77% higher [...]
Vijay Kedia stock hits 5% upper circuit after it reports 18% YoY increase in sales
The shares of this smallcap company locked a 5 percent upper circuit after reporting an increase in domestic sales by around 18 percent. In six months the stock has delivered more than a 30 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 1,860 crores, the shares of Atul Auto Ltd [...]
Stock jumps 5% after HDFC mutual fund bought 4 Lakh shares in the company
The shares of the leading electronics system manufacturer gained up to 5 percent after HDFC mutual fund bought 4,00,000 equity shares in the company. With a market capitalization of Rs 5,556.19 crore, the shares of Cyient DLM Ltd were trading at Rs 700.60 per share, increasing around 5 percent as compared to the previous closing [...]
Solar energy stock hits 10% upper circuit after receiving order worth ₹ 52 Cr for solar modules
Solar Energy stock engaged in manufacturing solar photovoltaic modules and providing turnkey solar solutions hit a 10 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 52 Crores and capex plans of Rs. 8,000 Crores. Price Action With a market capitalization of Rs. 1,686 Crores, the shares of Solex [...]
Stock under ₹ 100 hits 5% upper circuit after expansion plans in EV, Defence and other sectors
The shares of this microcap company locked a 5 percent upper circuit after the company’s Board of Directors approved a forward integration project with an investment of up to Rs 50 crores. The stock has delivered more than a 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 555 crores, [...]
Ashish Kacholia stock gets buy call for an upside of more than 20%; Do you hold it?
Shares of this small-cap stock engaged in manufacturing and supplying environment-friendly metallic flexible flow solution products surged around 8 percent to Rs.191.40 per share. after reputed brokerage firm ICICI Securities set a target price indicating upside growth potential. Price Movement In Tuesday’s trading session, Aeroflex Industries Ltd’s share price reached an intraday high of Rs.191.4 [...]
Ethanol stock jumps 9% after company expands its capacity
Shares of this small-cap ethanol company surged 9.5% after it expanded its Grain-Based Distillery by 100 KLPD and its Bio-Fuel Ethanol plant by 180 KLPD. Share price variations: With a market capitalization of Rs. 4,100.54 crores, India Glycols Limited opened the trading session at Rs. 1,257.10, 2.37% above yesterday's close of Rs. 1,227.90. The stock [...]
Stock that received orders worth ₹ 2,000 Cr in September to keep an eye on
During Tuesday’s trading session, the shares of India’s second-largest listed construction company by revenue surged 2.7 percent at Rs. 310 on BSE, after the company secured orders worth more than Rs. 2000 crores in the month of September. With a market capitalisation of Rs. 19,262.3 crores, at 11:27 a.m., the shares of NCC 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
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
Latest Market News
Tata Motors launches Altroz Dark edition with price starting at Rs 7.96 lakh
New Delhi, Feb 9 (PTI) Tata Motors on Wednesday said it has launched the 'DARK' edition of its premium hatchback Altroz, priced at Rs 7.96 lakh (ex-showroom Delhi), to mark two years of launch of the model in the country. The company said it has added the DARK edition to its XT and XZ+ (diesel) [...]
Eikowa Becomes a Pioneer to Introduce Blockchain Technology in the Indian Art Domain
New Delhi, Delhi, India (NewsVoir) Blockchain has been making waves for the past few years and its applications, be it cryptocurrencies, smart contracts or NFTs have taken the world by storm. Eikowa (www.eikowa.com), one of India's most progressive and leading contemporary art galleries, is now harnessing the power of blockchain for provenance in art, revolutionzing [...]
Translated Indian works must be more visible to Anglophone publishers: Study
New Delhi, Feb 9 (PTI) Indian literature in translation needs to be more visible to Anglophone publishers, and this also requires promoting writers and translators, and inviting publishers to India to engage with the publishing and literary ecosystem, according to a new study.The "India Literature and Publishing Sector Study" also stressed on the urgent need [...]
ITC Hotels launches mobile app for boutique of services
Kolkata, Feb 9 (PTI) In a bid toward greater digital focus and keeping pace with the dynamically changing consumer preferences, hospitality major ITC Hotels has launched an app for one-stop destination of guests for room reservations, gourmet food delivery, restaurant table reservations and loyalty membership management, the hotel said on Wednesday. The hotel said it [...]
HDFC Life’s Latest Brand Campaign is about Enabling Loved Ones to Bounce Back from Uncertainties
The film ‘BounceBack Batch’ highlights the importance of financial planning along with the support of loved ones in overcoming challenges Mumbai, Maharashtra, India (NewsVoir) HDFC Life, one of India’s leading life insurers, has delivered thoughtful brand campaigns over the years that drive positivity and empower individuals to consider living their lives with financial security that [...]
Diet regulations and cardiac rehabilitation are two significant techniques to manage Heart Failure
Our heart beats approximately forty-two million times in a year, without a break. But our lifestyle choices many-a-times affect the functioning of our heart, which leads us to a condition of heart failure. Heart failure is one of the most common cause of deaths worldwide. What do we mean by heart failure? Heartfailure does not [...]
Biz coaching start-up Peakperformer raises USD 3 mn from Sequoia, others
Mumbai, Feb 9 (PTI) Digital coaching platform Peakperformer has closed a USD 3-million seed funding round led by Sequoia Capital India's Surge fund, along with Antler India, Blume Founders Fund, and angel investors. Peakperformer, founded in Bengaluru by Aishwarya Goel and Nilesh Agarwal in September 2020 to offer leadership coaching for managers at all levels, [...]
Equity mutual funds log Rs 14,888-cr net inflow in Jan
Equity mutual funds attracted a net sum of Rs 14,888 crore in January, making it the 11th consecutive monthly net inflow. However, this was much lower than the net inflow of Rs 25,077 crore witnessed in December, data from the Association of Mutual Funds in India (Amfi) showed on Wednesday. Equity schemes have been witnessing [...]
Jindal Steel and Power posts 20% steel sales growth in Jan
New Delhi, Feb 9 (PTI) Jindal Steel and Power on Wednesday reported "meaningful recovery" in steel sales, despite low railway rake availability and stressed that sales volume registered a year-on-year growth of 20 per cent to 6.95 lakh tonnes in January this year. Inventories continued to decline for the second consecutive month with the company [...]
Shift in mobility trends with focus on electric, hybrid vehicles: Study
New Delhi, Feb 9 (PTI) India is witnessing a shift in mobility trends with more and more consumers expressing interest in electrified and hybrid vehicles, as per Deloitte’s Global Automotive Consumer Study 2022. More than a third of Indian consumers have expressed interest in electrified and hybrid vehicles, as the segment sets steam with India’s [...]
Crude oil futures rise on higher demand
New Delhi, Feb 9 (PTI) Crude oil prices rose Rs 14 to Rs 6,686 per barrel on Wednesday, as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the February delivery traded higher by Rs 14, or 0.21 per cent, to Rs 6,686 per barrel in 9,579 [...]
Xpressbees raises USD 300 mn in funding from Blackstone Growth, others
Logistics firm Xpressbees on Wednesday said it has raised USD 300 million (about Rs 2,250 crore) in a Series-F funding round led by Blackstone Growth, TPG Growth and ChrysCapital. The capital raised will be used for product development, talent acquisition and the next phase of growth, it added. With this round, the total amount of [...]
Centre to states: Implement stock limit order on oilseeds, oils to check prices
New Delhi, Feb 9 (PTI) To contain the price rise in edible oils and oilseeds, the states have been asked to implement the Centre's stock limit order on the commodities without causing any disruption in the supply chain and impacting the trade, an official release said on Wednesday. The Union Consumer Affairs Ministry on February [...]
Alliance Air’s ATR plane flies without engine cover from Mumbai to Bhuj; DGCA starts probe into incident
Mumbai, Feb 9 (PTI) An Alliance Air flight from Mumbai to Bhuj, carrying 70 passengers, flew without engine cover that was later retrieved from the runway at the city airport on Wednesday, prompting aviation regulator DGCA to start a probe into the incident, according to an official. The ATR aircraft landed safely at Bhuj in [...]
West Partners with IIT Palakkad’s TECHIN to Build a MedTech Research Center of Excellence
The partnership will combine West’s medical expertise with IIT’s unique incubation model to advance research in medical technology Bengaluru, Karnataka, India (NewsVoir) West Pharmaceutical Services, Inc. (West), a global leader in innovative solutions for injectable drug and healthcare products, recently announced its partnership with TECHIN – a Technology Innovation Foundation of IIT Palakkad which focuses [...]
AXISCADES launches temperature screening solution amid pandemic
New Delhi, Feb 9 (PTI) AXISCADES Technologies on Wednesday said it has launched a temperature screening solution to help entry of people into offices, factories, schools and restaurants amid the ongoing COVID-19 pandemic. The solution –- WeCareEST-- comprises a self-serving temperature measuring device, an app for device management and monitoring, and a web app to [...]
Procter & Gamble Health Q3 Results: Profit after tax falls by 34%
Procter & Gamble Health on Wednesday said its profit after tax declined by nearly 34 per cent to Rs 45 crore for the quarter ended on December 31, 2021. The company had reported a profit after tax (PAT) of Rs 68 crore in the October-December period of the last year. Total sales increased to Rs [...]
CCI finds Dumper and Dumper Truck Union Lime Stone guilty of violating Competition norms
New Delhi, Feb 9 (PTI) The Competition Commission of India (CCI) has asked Dumper and Dumper Truck Union Lime Stone to cease and desist from indulging in unfair business practices after the regulator found it guilty of violating norms. The regulator noted that the union, operating in Sanu Mines area of Jaisalmer, determined the price [...]
GAIL pre-pones US gas supplies, eyes new deals to meet India’s energy demand
New Delhi, Feb 9 (PTI) GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said. India's No.1 gas transporting and marketing firm [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 9 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 62463.00 STANDARD GOLD (99.5) : 48496.00 PURE GOLD (99.9) : 48691.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61950.00 RS. PER KG.SILVER RDY.(PORTION) : 62050.00 RS. PER KG.GOLD (24 CARAT) RDY. : 49000.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46500.00 RS. PER [...]
Larsen & Toubro’s construction arm bags ‘significant’ order in Bangladesh
New Delhi, Feb 9 (PTI) Larsen & Toubro (L&T) on Wednesday said that its construction arm has bagged a 'significant' order to construct hi-tech IT parks at eight locations across Bangladesh. This project is being funded by the Indian EXIM Bank and is the first IT and office space order that L&T has secured in [...]
Money Market Operations as on FEB 8, 2021
(Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 5,60,649.73 3.38 0.01-3.60 I. Call Money 7,775.70 3.26 2.20-3.50 II. Triparty Repo 4,27,795.15 3.40 3.15-3.60 III. Market Repo 1,25,078.88 3.30 0.01-3.60 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 656.95 [...]
KFin Technologies acquires Hexagram to expand into fund accounting, reconciliation solutions
New Delhi, Feb 9 (PTI) Leading investor and issuer servicing platform KFin Technologies on Wednesday announced the acquisition of Hexagram Fintech, an IT product company specializing in fund accounting and reconciliation product development. Post this acquisition, Hexagram will become a wholly-owned subsidiary of KFin Technologies, according to a statement. The financial details of the transaction [...]
Housing finance players loan portfolio to grow at 8-10% in FY22: Report
Mumbai, Feb 9 (PTI) Housing finance companies are likely to witness a portfolio growth at 8-10 per cent in the current fiscal and 9-11 per cent in FY 2022-23, according to a report.After an impact on their disbursements in Q1 FY2022, non-banking financial companies-housing finance companies (NBFC-HFC) saw a sharp recovery in the second quarter. [...]
Govt open to ‘some tinkering’ in capital gains tax regime: Revenue Secy
New Delhi, Feb 9 (PTI) The government is open to 'some tinkering' in the varied rates and holding period for computation of capital gains tax on shares, debt and immovable property, in a bid to make it simple, Revenue Secretary Tarun Bajaj said on Wednesday. Under the Income Tax Act, gains from sale of capital [...]
Refined soya oil fall on low demand
New Delhi, Feb 9 (PTI) Refined soya oil prices on Wednesday fell Rs 6.4 to Rs 1,273 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.On the National Commodity and Derivatives Exchange, refined soya oil for delivery in February declined by Rs 6.4, or 0.5 per cent, to [...]
Guar seed futures rise on fresh bets
New Delhi, Feb 9 (PTI) Guar seed prices on Wednesday rose by Rs 35 to Rs 6,174 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 35, or 0.57 per cent, [...]
IRCTC’s share price surges after strong Q3 results | Declares dividend of Rs 2
IRCTC has posted strong quarterly results, after which its share price increased by 2.5%. Its revenue from various segments has increased except other income.It has declared a dividend of ₹2 per share with a record date of 18th February 2022. Indian Railway Catering and Tourism Corporation (IRCTC)’s share price increased by 2.5% to ₹860 apiece on [...]
Anil Agarwal Foundation inks pact with Rajasthan govt to develop 25,000 modernised Anganwadis
New Delhi, Feb 9 (PTI) Anil Agarwal Foundation, the CSR arm of Vedanta Ltd, on Wednesday signed a memorandum of understanding with the Rajasthan government to develop 25,000 modernised Anaganwadis called Nand Ghars across 13 districts.The initiative to establish 25,000 Nand Ghars is aimed at impacting more than 10 lakh children and 7.5 lakh women [...]
Budget capex not as high as it sounds: Crisil Research
Mumbai, Feb 9 (PTI) Amid FY23 Union Budget's focus on investments, leading domestic credit rating agency Crisil on Wednesday said that the capital expenditure is "not as high as it sounds". It, however, was quick to add that considering that governments usually tend to cut capex during a crisis, the government has maintained its focus [...]
DBS Bank India partners with Stellapps to create greater access to digitisation for dairies
- Digitisation to enable an increase in yield and profitability of dairy farmers, reduce milk wastage and achieve scale. - The partnership opens opportunities for millions of dairy farmers in India. MUMBAI, India, Feb. 9, 2022 /PRNewswire/ -- DBS Bank India announced that it has partnered with Stellapps, a leading dairy-tech startup, as its banking [...]
FRL-Reliance merger: SC issues notice to Future group on Amazon’s plea
New Delhi, Feb 9 (PTI) The Supreme Court Wednesday sought a response from the Future group on Amazon's plea against the January 5 order of the Delhi High Court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail’s Rs 24,500-crore merger deal with Reliance.A bench comprising Chief Justice N V Ramana and [...]
Benling India See EV Uptake Faster than Expected and Repose Confidence in a Strong EV Outlook for 2022 and Beyond – ED and CEO, Mr. Amit Kumar
Gurugram, Haryana, India (NewsVoir) Electric Vehicles or EVs, as they are now commonly referred to, are an important resource for battling pollution and improving the lives and lifescapes of citizens. It is, therefore, good to see the strong and visible focus the Union Budget 2022 puts on enhancing the use and operational availability of EVs [...]
Sealmatic Gets Recognition From Ministry Of Science And Technology For R&D Unit
Mumbai, Maharashtra, India – Business Wire India Ministry of Science & Technology periodically assesses various companies in India to qualify and recognise their R&D units under the stringent guidelines of Department of Scientific & Industrial Research (DSIR). These qualifications are organized to recognize the efforts of various organizations for their continuing commitment to research and [...]
Investcorp leads USD 55 mn investment in NDR Warehousing
Mumbai, Feb 9 (PTI) Bahrain-based Investcorp, a global investment manager specializing in alternative investments, said it has led a USD 55 million (around Rs 411.45 crore) investment in NDR Warehousing. NDR has a well-diversified asset portfolio comprising 18 logistics parks across Chennai, Mumbai, the National Capital Region, Bengaluru, Coimbatore and Kolkata. Over the next few [...]
GE Steam Power intents to reduce stake in GE Power India; part ways as promoter within 3 yrs
New Delhi, Feb 9 (PTI) GE Power India on Wednesday said that GE Steam Power plans to reduce stake and part ways with the company as its promoter within the next three years. GE Power India has received a letter from GE Steam Power on February 8, 2022, wherein the latter has stated its intent [...]
Sistema.bio raises USD 15.6 mn in Series B funding
New Delhi, Feb 9 (PTI) Sistema.bio has raised USD 15.6 million (about Rs 115 crore) through a Series-B investment round that included a mix of equity, debt and non-dilutive capital."Sistema.bio announces the close of a Series-B investment round of USD 15.6 MN that included a mix of equity, debt and non-dilutive capital to support the [...]
National Engineering Industries Limited (NEI) organizes 7th edition of Idea Factory to inspire and mobilize Indian engineering students
Winning team will get a cash reward of INR 1,50,000. The registrations are open till 15th February JAIPUR, India, Feb. 9, 2022 /PRNewswire/ -- ational Engineering Industries Ltd. (NEI), part of USD 2.4 billion diversified CK Birla Group is inviting participation for their ongoing 7th edition Idea Factory- the brand's flagship contest organised for young [...]
Energy prices: how COVID helped them to surge – and why they won’t go down any time soon
Bath (UK), Feb 9 (The Conversation) After months of volatility and concern, it was revealed that energy costs for the average household in the UK will increase by £693 this year. A steep rise, it came as wholesale gas prices jumped to about 300% higher than at the beginning of 2021. These are historically high [...]
Glenmark launches Nitric Oxide Nasal Spray (FabiSpray®) in India for the Treatment of Adult Patients with COVID-19 in partnership with SaNOtize
• Glenmark received manufacturing and marketing approval from India's drug regulator for Nitric Oxide Nasal Spray (NONS) as part of accelerated approval process.• Phase 3 trial in India met the key endpoints and demonstrated reduction of viral load of 94% in 24 hours and 99% in 48 hours.• NONS was safe and well tolerated in [...]
Asia’s 1st Education Metaverse Crypto Coin- Koubek launched in India
Since the advent of Bitcoin and the ever-evolving landscape that is cryptocurrency, people the world over have been focused on making money, and fast! Stories of millionaires and billionaires, day after day. And of course, coins like SHIBA INU, SAFEMOON, ELONGATE, DOGECOIN AND MORE are providing investors with huge returns which can completely secure your [...]
Is Adani Wilmar fairly priced? Check what analysts are saying
Adani Wilmar’s shares opened at a discount on the NSE as well as BSE though its fundamentals are good and this weak listing was due to market sentiments.It breached ₹300 levels due to speculative interest, but it is fairly priced.They expect the share price to increase and have given near-term targets and stop loss. Weak [...]
Kolte-Patil Developers Q3 profit dips 76% to Rs 5.37 cr; revenue up 26% to Rs 244.7 cr
New Delhi, Feb 9 (PTI) Realty firm Kolte-Patil Developers Ltd has reported a 76 per cent decline in its consolidated net profit at Rs 5.37 crore for the quarter ended December. Its net profit stood at Rs 22.47 crore in the year-ago period. Total income rose to Rs 244.7 crore in the third quarter of [...]
Jindal Global Law School’s Faculty Research in Scopus-Indexed Publications Exceed all NLUs
9 February 2022, Sonipat, Haryana: Jindal Global Law School (JGLS) of O.P. Jindal Global University (JGU) has reached the remarkable landmark milestone of 300+ academic research publications by its faculty members of which 280+ are indexed in SCOPUS during 2020-2021. Scopus is the largest database of peer-reviewed literature in the world. The record 280 faculty [...]
Ayurveda and Lifestyle Modifications Can Solve the Issue of Type II Diabetes – JAPI
Mumbai, Maharashtra, India – Business Wire India The Panchkarma therapy in Ayurveda can help cure Type II diabetes completely. Many patients of Madhavbaug have conquered diabetes. Even after 3 to 4 years their blood sugar is at normal levels and they are living a life free from medicines. Dr. Rahul Mandole, the head of Research [...]
2021 Marked a Paradigm Shift towards EdTech and the Trend is Strengthening in 2022
Kota, Rajasthan, India (NewsVoir) Indian Education Industry from a beyond budgeting perspective by Mr.Nitin Vijay, Founder & MD, Motion Education Private Limited, Kota, Rajasthan, a renowned EdTech company, which prepares students for JEE, NEET, NTSE, KVPY, Olympiads, and other competitive exams in India. Educationist, Mr.Nitin Vijay is an alumnus of IIT, BHU, an engineer-turned-entrepreneur who [...]
Hindi tech blog records 5 lakh hits
Banking. Shopping. Gaming! Get all your answers at LogicalDost Jaipur, 9th February 2022: LogicalDost, a Hindi technology-based information blog, recently recorded 500,000 hits in just one month! And this figure is growing every day. LogicalDost provides all the information in Hindi so that people who do not know English or are not well-versed in English [...]
Bugworks Research Inc. secures US$18M Series B1 Funding from Reputed Global Investor Syndicate (The EU, UK, Japan, South Africa & India), led by Lightrock India
This Funding will advance highly differentiated assets in the dual areas of Antimicrobial Resistance (AMR) and Immuno-Oncology (IO) BANGALORE, India, SARATOGA, Calif. and ADELAIDE, Australia, Feb. 9, 2022 /PRNewswire/ -- Bugworks Research, a clinical stage multi-indication therapeutics company, today announced the financing of US$18M Series B1. This round will support the clinical development of BWC0977, [...]
Firstsource Included in 2022 Bloomberg Gender-Equality Index
The GEI provides insight into gender related practices, policies and ESG data reporting Mumbai, Maharashtra, India – Business Wire India Firstsource Solutions Limited (NSE: FSL, BSE: 532809), a leading provider of Business Process Management (BPM) services and an RP-Sanjiv Goenka Group company, today announced its inclusion in the 2022 Bloomberg Gender-Equality Index (GEI). The modified [...]
Acres N Inches Pvt. Ltd. contributed to 3.34% of total co-working sale done PAN India in 2021
NOIDA, India, Feb. 9, 2022 /PRNewswire/ -- Acres N Inches, a real estate firm established in the year 2013 with the vision of 'Bringing Clarity into Real Estate' and known to be the most trusted Real Estate Company across the industry has been scaling new heights in spite of the challenges in post COVID times. [...]
JK Paper shares jump over 4% after earnings announcement
New Delhi, Feb 9 (PTI) Shares of JK Paper on Wednesday jumped over 4 per cent after the company reported over two-fold increase in consolidated net profit for the third quarter ended December 2021.The stock gained 4.18 per cent to Rs 245 on the BSE.At the NSE, it jumped 4.34 per cent to Rs 245.20.JK [...]
Glenmark Pharma, SaNOtize Research launch nasal spray for COVID-19 treatment in India
New Delhi, Feb 9 (PTI) Glenmark Pharmaceuticals and its partner Canadian biotech firm SaNOtize Research on Wednesday launched Nitric Oxide nasal spray for the treatment of adult patients with COVID-19, who have a high risk of progression of the disease.The partners have introduced the product in India under the brand name FabiSpray.The Mumbai-based drug firm [...]
Domino’s, Honda apologise for hurting sentiments of Indians after Pak arm’s Kashmir solidarity post
New Delhi, Feb 9 (PTI) Pizza chain Domino's and Japanese auto major Honda have apologised for hurting sentiments of Indians by social media posts of their business associates in Pakistan supporting separatists in Kashmir. In a social media post, Domino's India said it is committed to the Indian market, "having called it home for more [...]
Bharti Airtel board approves raising up to Rs 7,500 cr via debt instruments
Telecom operator Bharti Airtel's board on Tuesday gave an enabling approval for raising up to Rs 7,500 crore through debt instruments. Bharti Airtel had last month announced that tech titan Google will invest as much as USD 1 billion in the company for picking up a 1.28 per cent stake and scaling up offerings of [...]
Universal Robots reports record annual revenue of over $300m
ODENSE, Denmark and SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- Universal Robots, the Danish producer of collaborative robots, has reported record annual revenue of USD 311m, 41% up on 2020 and 23% up on pre-pandemic results in 2019. The company's President, Kim Povlsen said: 'Universal Robots has had a great year. In a company like ours, [...]
OMRON Announces its Future Manufacturing Innovation Concept based on Evolution of ‘innovative-Automation’
– Realizing "Automation Beyond Human Abilities" and "Advanced Collaboration Between People and Machines" by Accelerating DX at Manufacturing Sites SINGAPORE, Feb. 9, 2022 /PRNewswire/ -- OMRON Corporation (HQ: Shimogyo-Ku, Kyoto. President and CEO: Yoshihito Yamada) has announced the future course of "innovative-Automation", OMRON's manufacturing innovation concept, as the direction of manufacturing evolution for its next [...]
SWIRL announces Live Shopping integration with Shopify
VADODARA, India, Feb. 8, 2022 /PRNewswire/ -- Swirl announces integration with Shopify to enable live commerce. Shopify sellers can now create shoppable videos and use live streaming to boost engagement and increase sales. With the integration between Swirl and Shopify, sellers will be able to access all the benefits of video commerce that come with [...]
YES Establishes Engineering, Design and Sales Presence in India
Ankineedu Velaga to Lead YES India as Country Head and Managing Director FREMONT, Calif., Feb. 8, 2022 /PRNewswire/ -- YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for semiconductor advanced packaging, life sciences and "More-than-Moore" applications, today announced that it has set up Engineering Centers of Excellence at two locations in India: [...]
Rajasthan inks pact with Anil Agarwal Foundation to develop 25K Anganwadi centres as ‘Nand Ghar’
Jaipur, Feb 8 (PTI) The Rajasthan government on Tuesday signed an agreement with the Anil Agarwal Foundation of the Vedanta Group to develop 25,000 Anganwadi centres as Nand Ghar in the state. The foundation will develop Nand Ghars by spending about Rs 750 crore (Rs 3 lakh per Anganwadi). Chief Minister Ashok Gehlot said at [...]
Ramaphosa’s hope of making S Africa major cell phone producer dashes as factory owned by Indian-origin entrepreneur shuts
Johannesburg, Feb 8 (PTI) South African President Cyril Ramaphosa’s hopes of the country becoming a major producer of mobile phones for Africa have been dashed with the closure of a state-of-the-art manufacturing facility owned by a Rwanda-based Indian-origin entrepreneur. In October 2019, the Mara facility in Durban’s Special Economic Zone was launched by Ramaphosa, who [...]
Business briefs
Sitharaman, Jaishankar, Ambani to address Asia Economic Dialogue Mumbai, Feb 8 (PTI) Union Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar and richest Indian Mukesh Ambani will be among the speakers at the three-day Asia Economic Dialogue starting February 23. The theme of the annual event, organised by the Ministry of External Affairs and [...]
Eclat Media selects Tata Comm to bring global sports to pan Asian viewers
New Delhi, Feb 8 (PTI) Tata Communications on Tuesday said that Eclat Media Group has selected the company to support expansion of sports content broadcasting to viewers across Asian countries, including Indonesia, Philippines, Malaysia, Singapore, and Thailand. The agreement powers Eclat Media Group's newly launched channels, SPOTV and SPOTV2. It is our pleasure to have [...]
Regret hurting sentiments in India over unauthorised social media posts of Pak associates: Suzuki Motor
New Delhi, Feb 8 (PTI) Japanese automaker Suzuki Motor Corporation on Tuesday regretted "the hurt to sentiments" in India caused by unauthorised social media posts of its Pakistani dealers and business associates supporting separatists in Kashmir. The company, whose arm Maruti Suzuki is the largest passenger vehicles maker in India, asserted that it does not [...]
ICICI Bank shareholding in Fino PayTech rises to 7.4 pc
New Delhi, Feb 8 (PTI) ICICI Bank's shareholding in Fino PayTech (Fino) -- the promoter of Fino Payments Bank (Fino Bank) -- rose to 7.4 per cent post conversion of 40 lakh convertible warrants of Fino into equity, the bank said on Tuesday. ICICI Bank had 4.6 per cent shareholding (based on voting rights) in [...]
Cong govt bled BSNL to ‘death almost’; we are reviving it: Nirmala Sitharaman
New Delhi, Jan 8 (PTI) Accusing the earlier Congress government of bleeding the state-owned BSNL to "death almost", Finance Minister Nirmala Sitharaman on Tuesday said Modi government is giving money to the company to buy 4G spectrum and become competitive. She was responding to allegations of Shiv Sena member Arvind Sawant in Lok Sabha that [...]
Trai seeks submission by Feb 15 on 5G auction as telcos, satellite cos divided over allocation
New Delhi, Feb 8 (PTI) Telecom operators and satellite players remained sharply divided at open house discussion held by the sector regular Trai on rules for allocation of spectrum for 5G services in the auction planned to be held this year. The Telecom Regulatory Authority of India (Trai) has asked companies and other interested parties [...]
Invest Rajasthan Campaign: MoUs worth Rs 3.05 lakh cr signed in renewable energy sector
Jaipur, Feb 8 (PTI) The Rajasthan government on Tuesday signed MoUs/LoIs with major players in the renewable energy sector capturing investment of Rs 3.05 lakh crore under the Invest Rajasthan Campaign. With this investment, more than 90,000 MW of renewable energy will be produced in the state. The memoranda of understanding (MoU) and letters of [...]
Atal Pension Yojana subscriber base crosses 71 lakh
New Delhi, Feb 8 (PTI) Subscribers under the government-administered Atal Pension Yojana (APY) have reached over 71 lakh as of January 24 this year, Parliament was informed on Tuesday. The government had launched the Atal Pension Yojana in May 2015 with the objective of creating a universal social security system for all Indians, specially the [...]
IDFC First Bank raises Rs 1,500 cr in maiden tier-2 bond issuance
New Delhi, Feb 8 (PTI) Private sector IDFC First Bank on Tuesday said it has raised Rs 1,500 crore in its maiden issue of tier-2 bonds on a private placement basis, to a set of marquee domestic investors including LIC. IDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, [...]
Global fuel, commodity prices may soften going forward: NITI Aayog Vice Chairman
Hyderabad, Feb 8 (PTI) Stating that the Union Budget does not stoke any inflationary pressure, NITI Aayog Vice Chairman Rajiv Kumar on Tuesday said the rise in international fuel and commodity prices may not continue going forward. Delivering a lecture through a virtual platform on the Union Budget organised by the Administrative Staff College of [...]
Around 65% hospital beds cater to 50% population of country: Niti Aayog report
New Delhi, Feb 8 (PTI) A Niti Aayog report has said that about 65 per cent of hospital beds in the country cater to almost 50 per cent of the population and stressed that the number of beds must be increased by at least 30 per cent to ensure equitable access to healthcare facilities for [...]
TTML losses widen to nearly Rs 302 crore in Dec quarter
New Delhi, Feb 8 (PTI) Tata Teleservices (Maharashtra) on Tuesday reported widening of losses to about Rs 302 crore for the quarter ended December 2021 compared to the year-ago period. The revenue from operations for Tata Teleservices (Maharashtra) Ltd or TTML rose two per cent year-on-year to Rs 284.2 crore in the third quarter of [...]
Torrent Power gets LoI to buy stake in Dadra and Nagar Haveli and Daman/and Diu Power Distribution Corp
New Delhi, Feb 8 (PTI) Torrent Power on Tuesday said it has received a Letter of Intent (LoI) to acquire 51 per cent equity stake in Dadra and Nagar Haveli and Daman/and Diu Power Distribution Corporation Ltd. The company is to be incorporated for holding assets of the Electricity Department, Daman and Diu and DNH [...]
Chidambaram says ‘tukde-tukde’ means disruption which creates innovation, brings change
New Delhi, Feb 8 (PTI) Former finance minister P Chidambaram on Tuesday termed the Modi government as 'no data available or NDA' government as he tore into the FY23 Budget, saying it is short on welfare measures for the poor while crony capitalism has led to a surge in the number of billionaires and emergence [...]
Private equity fund Kedaara-owned GAVS to merge with GS Lab
Mumbai, Feb 8 (PTI) GAVS, a tech company owned by private equity fund Kedaara, on Tuesday announced a merger with Great Software Laboratory (GS Lab) to create a digital product engineering and artificial intelligence-led digital transformation platform. The combined entity will have close to 4,000 technical employees and have operations spread across US, UK, Middle [...]
Business briefs
*HDFC ERGO General Insurance launches cyber insurance policy Mumbai, Feb 8 (PTI) Non-life insurer HDFC ERGO General Insurance has launched a cyber insurance policy to mitigate cyber-related/digital risks for individual customers. The policy -- Cyber Sachet Insurance Policy -- provides protection against online fraud, email spoofing, phishing, identity theft, online shopping, and reputation restoration, a [...]
Aster DM Healthcare net jumps 61% as domestic operations turns into black with Rs 36 cr profit
Mumbai, Feb 8 (PTI) Aster DM Healthcare, one of the largest private healthcare service providers in the Gulf and in the country, on Tuesday reported an annualised 61 per cent increase in consolidated net income at Rs 148 crore for the December quarter. Consolidated revenue grew 19 per cent to Rs 2,650 crore for the [...]
Cost of state debt soars 41 bps to 7.24%
Mumbai, Feb 8 (PTI) Ahead of the monetary policy announcement on Thursday wherein the MPC is likely to begin liquidity tightening with a marginal reverse repo hike, states on Tuesday had to pay a higher price to bond investors as the weighted average cut-off rate jumped by a hefty 41 basis points to 7.24 per [...]
Wealthy.in raises Rs 56 cr in funding round led by Alpha Wave
New Delhi, Feb 8 (PTI) Bengaluru-based wealth management platform Wealthy.in on Tuesday said it has raised Rs 56 crore in Series A round of funding led by Alpha Wave Incubation. New investor Savrola Group and existing investors Venture Highway, Good Capital & Emphasis Ventures also participated in the round. "With the latest round of funding, [...]
Mahindra Lifespace offers health insurance to homebuyers; to bear premium during construction
New Delhi, Feb 8 (PTI) Realty firm Mahindra Lifespace Developers on Tuesday said it will provide health insurance cover of Rs 3-5 lakh to customers who buy flats in its new project in Mumbai region and will bear the premium cost during the period of construction. The offer will initially be available to homebuyers in [...]
Airmeet raises Rs 260 crore in series-B funding round
New Delhi, Feb 8 (PTI) Digital meeting platform Airmeet on Tuesday announced to have raised Rs 260 crore in series B funding from new as well as existing investors. New investors Prosus Ventures, Sistema Asia Fund, RingCentral Ventures, KDDI Open Innovation Fund, DG Daiwa Ventures and Nexxus Global participated in the funding round, while existing [...]
J&K Bank Q3 Results: Net profit jumps 163%
State-owned Jammu & Kashmir Bank on Tuesday reported a more than two-fold rise in its net profit at Rs 174.81 crore for the quarter ended December 2021 on the back of a significant drop in its provisioning requirement. The bank had posted net profit of Rs 66.37 crore in the same quarter a year ago, [...]
Vedant Fashions IPO subscribed 2.57 times on last day of offer
New Delhi, Feb 8 (PTI) The initial public offer of Vedant Fashions Limited, which owns ethnic wear brand Manyavar, was subscribed 2.57 times on the last day of subscription on Tuesday, helped by demand from qualified institutional buyers.The company's Rs 3,149 crore IPO received bids for 6,53,72,718 shares against 2,54,55,388 shares on offer, according to [...]
UK PM Johnson reshuffles Cabinet; appoints Rees-Mogg as minister for Brexit Opportunities
London, Feb 8 (PTI) Embattled British Prime Minister Boris Johnson, under pressure to resign over parties in Downing Street during lockdown, on Tuesday reshuffled his Cabinet and appointed Jacob Rees-Mogg as the minister for Brexit Opportunities and Government Efficiency. Rees-Mogg, 52, currently leader of the House of Commons, will be based in the Cabinet Office. [...]
Barauni fertiliser plant to start production from June this year: Mandaviya in Rajya Sabha
New Delhi, Feb 8 (PTI) Chemicals and Fertilisers Minister Mansukh Mandaviya on Tuesday said the fertiliser plant at Barauni, Bihar, which is being revived with nearly Rs 8,400 crore cost, will be commissioned in June this year. Replying to a supplementary question in the Rajya Sabha, the minister said the joint venture to revive the [...]
IIFCL plans to invest Rs 2,000 cr in infra bonds, Rs 1,500 cr in InvITs by March-end
Mumbai, Feb 8 (PTI) Infrastructure lender India Infrastructure Finance Company Ltd (IIFCL) is planning to invest Rs 2,000 crore in infrastructure bonds and Rs 1,500 crore in infrastructure investment trust (InvIT) by end-March 2022, a top company official said. "We hope to do (invest) about Rs 2,000 crore in bonds and another Rs 1,500 crore [...]
Large no of complaints against multi-cooperative societies for misuse of investors deposits
New Delhi, Feb 8 (PTI) The government on Tuesday said it has received a large number of complaints against some multi-cooperative societies for misappropriation of investors' deposit.In a written reply to the Lok Sabha, Cooperation Minister Amit Shah replied in affirmative when asked whether the government is aware that multi-purpose cooperative societies set up in [...]
Jagran Prakashan Q3 Results: Consolidated net profit up 43%
Jagran Prakashan Ltd, the publisher of Hindi daily Dainik Jagran, on Tuesday reported 43.41 per cent increase in consolidated net profit at Rs 110.30 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 76.91 crore for the year-ago period, Jagran Prakashan Ltd (JPL) said in a BSE [...]
Tata Medical says OmiSure RT-PCR test upgraded to detect BA.2 sub-lineages of Omicron
New Delhi, Feb 8 (PTI) Tata Medical and Diagnostics on Tuesday said its OmiSure RT-PCR test has been upgraded to detect the new BA.2 sub-lineages of Omicron. In an evaluation carried out by ICMR and the Virus Research & Diagnostics Laboratory, Kasturba Hospital for Infectious Diseases, Mumbai, the upgraded OmiSure successfully detected BA.1, BA.1.1, and [...]
SJVN plans to develop 10,000 MW solar projects in Rajasthan over 5 yrs
New Delhi, Feb 8 (PTI) State-run SJVN Ltd is looking to develop 10,000 MW solar power projects entailing investment of Rs 50,000 crore in the next five years in Rajasthan. "SJVN has submitted its intention to develop 10,000 MW solar power projects in next five years in Rajasthan," a company statement said. According to the [...]
Bosch Global Software Technologies to set up facility in Hyderabad
Hyderabad, Feb 8 (PTI) Bosch Global Software Technologies will be setting up their facility here which will provide employment for about 3,000 people in the region, an official release said on Tuesday. During a virtual meeting with the leadership team of Bosch, Telangana IT and Industries Minister K T Rama Rao welcomed the company and [...]
Competition Comm approves deal for acquisition of athenahealth Group
New Delhi, Feb 8 (PTI) Competition Commission has given its nod for the acquisition of athenahealth Group by funds managed and advised by H&F, Bain, and GICSI, and Minerva Holdco Inc. The company, headquartered in US, is a cloud-based provider of medical record, revenue cycle, patient engagement, care coordination, and population health services, as well [...]
MediBuddy ropes in Amitabh Bachchan as brand ambassador
New Delhi, Feb 8 (PTI) Leading digital healthcare platform MediBuddy on Tuesday said it has roped in Bollywood icon Amitabh Bachchan as its brand ambassador. MediBuddy gives users 24x7 access to specialist doctors online via video call, at-home lab tests, home delivery of medicines, mental health support and other health care services. With the signing [...]
Clinical research startup Bugworks gets $18 mln from Lightrock, others
Mumbai, Feb 8 (PTI) Bugworks Research, a clinical stage multi-indication therapeutics startup, has raised USD 18 million (around Rs 134 crore) in a funding round by Lightrock India and existing investors, including the University of Tokyo Edge Capital and Japanese investment house Global Brain Corporation. 3One4Capital India, Acquipharma Holdings, IM Holdings, Featherlite Group India, Lord [...]
JK Paper Q3 Results: Consolidated net profit soars to Rs 151 cr
JK Paper on Tuesday reported over two- fold increase in consolidated net profit at Rs 151.05 crore for the third quarter ended December 2021 helped by growth in volume. The company had logged a net profit of Rs 64.59 crore in October-December period a year ago, JK Paper said in a regulatory filing. Total income [...]
SME-focused lending platform Mintifi raises $40 mn from Norwest Venture, Elevation
Mumbai, Feb 8 (PTI) The IFC-backed Mintifi, a B2B-focused buy-now-pay-later platform, has raised USD 40 million (about Rs 300 crore) in its series-C round led by Norwest Venture Partners and Elevation Capital. With this the company has raised equity and debt worth USD 60 million. This funding will enable it to expand their capital base [...]
Number of women in leadership roles in India grows but fewer women serving as board chairs: Report
Mumbai, Feb 8 (PTI) Even as the percentage of women in leadership positions in the corporate world in the country has grown, fewer women are serving as board chairpersons, suggests a report. The seventh edition of Deloitte Global's 'Women in the Boardroom' report revealed that women hold 17.1 per cent of the board seats in [...]
Can’t have a situation where market is India but jobs are in China: Govt on Tesla
Making it clear that relaxations will not be provided to US-based electric vehicles major Tesla unless it participates in manufacturing activities in India, Union Minister Krishan Pal Gurjar on Tuesday said there cannot be a situation where the market is India but jobs are created in China. The minister of state for heavy industries also [...]
Business briefs
*Go First announces 'Priority Boarding' service for passengers Mumbai, Feb 8 (PTI) Domestic carrier Go First on Tuesday announced the launch of a pre-paid 'Priority Boarding' service both for its domestic and international passengers, in its bid to reduce the waiting time at airports. The newly launched service can be availed up to two hours before [...]
Comm min expects millet exports to increase exponentially in coming years
New Delhi, Feb 8 (PTI) India's exports of millets are expected to increase significantly in the coming years on account of rising demand in the global markets, the commerce ministry said on Tuesday. Currently, India is the fifth largest exporter of millets in the world, it added. In 2020-21, India exported millets worth USD 26.97 [...]
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.
