#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
Stock jumps after receiving patent for Virtual Training Simulation System for defence
Defence stock engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence & Security Forces in focus after it receives grant for its new patent catering to Armed Forces. Price Action With a market capitalization of Rs. 15,438 Crores, the shares of Zen Technologies Limited closed at [...]
Stock under ₹ 10 hits 5% upper circuit after being shortlisted for project under MAKE-In India
Shares of this micro-cap IT stock surged 5% to hit the upper circuit after being shortlisted for a project under the Make in India and Indian Design Development and Manufacturing initiatives (IDDM). Share price variations: With a market capitalization of Rs. 155.33 crores, Scanpoint Geomatics Ltd shares touched the 5% upper circuit of Rs. 9.24 [...]
2 Stocks jump 5% after Mutual Funds buys stake in the companies
Block and bulk deals involve large transactions executed on stock exchanges. A block deal is defined as a single trade involving at least 5 lakh shares, or a total transaction value of Rs. 10 crore or more. In contrast, a bulk deal is characterised by transactions involving more than 0.5 percent of a company's total [...]
Smallcap stock jumps 8% after entering into data centre segment
During Monday’s trading session, the shares of a leading player in the power infrastructure sector in India surged by 8.8 percent to Rs. 276.75 on BSE, after the company secured its first order from an upcoming data center service provider. With a market capitalisation of Rs. 3,119.5 crores, at 02:06 p.m., the shares of Bajel [...]
Solar pump stock hits 5% upper circuit after board to consider 5:1 bonus issue
The shares of this smallcap company locked a 5 percent upper circuit after the board is considering a proposal to issue bonus shares in the ratio of 5:1. In just six months the stock has delivered more than 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 8,606 crores, the [...]
Mukul Agrawal stock jumps after Morgan Stanley, Goldman Sachs and other FIIs invested ₹ 1,234 Cr
The shares of the wealth management company jumped up to 2 percent after Morgan Stanley Asia Singapore Pte, Goldman Sachs Funds & Smallcap World Fund Inc bought 18.42 lakh equity shares worth Rs 1,234.8 crore. With a market capitalization of Rs 24,265.69 crore, the shares of Nuvama Wealth Management Ltd were trading at Rs 6,793.95 [...]
Smallcap stock jumps 15% after company’s board to consider bonus shares
The shares of this smallcap company surged around 15 percent in Monday’s trading session as the board of the company is likely to meet this week to consider a bonus issue to the shareholders. In just six months the stock has delivered more than 130 percent return to its shareholders. Price Movement: With a market [...]
Tata group stock jumps 4% after receiving order from Deepak Nitrite
Tata Group stock engaged in offering engineering, manufacturing, construction, and other EPC services jumped upto 4 percent in the day’s trade upon receiving a new work order worth Rs. 11.50 Crores from Deepak Nitrite Limited. Price Action With a market capitalization of Rs. 668 Crores, the shares of Artson Engineering Limited were trading at Rs. [...]
Transformer stock hits 5% upper circuit after it forays into renewable energy sector
The shares of this smallcap company locked a 5 percent upper circuit after making significant strides in the renewable energy sector through a partnership aimed at developing solar power generation capabilities. Price Movement: With a market capitalization of Rs. 5,060 crores, the shares of Marsons Ltd started Monday’s trading session on a higher note at [...]
Defence stock jumps after company forms JV with Israel Aerospace Industries
Shares of a company that manufactures and supplies electronic equipment & systems to the defence sector surged marginally by 0.4 percent on BSE to Rs. 294.5 on Monday, after receiving approval from the Ministry of Corporate Affairs (MCA) for the incorporation of a new JV company with Israel Aerospace Industries. With a market capitalisation of [...]
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
GIPL’s net profit declines 9 per cent to Rs 27.91 cr in Dec quarter
New Delhi, Feb 7 (PTI) Gujarat Industries Power Company Ltd (GIPL) on Monday reported a nearly nine per cent fall in its standalone net profit to Rs 27.91 crore for the December 2021 quarter, mainly due to lower revenues. The company had reported a standalone net profit of Rs 30.60 crore in the quarter ended [...]
Govt yet to decide on banks to be privatised, say MoS Finance Karad
New Delhi, Feb 7 (PTI) The government has not yet decided on public sectors banks that are to be privatised, Minister of State for Finance Bhagwat Karad informed Parliament on Monday. The government had in Budget 2021-22 announced its intent to privatise two public sector banks (PSBs) during the year. "As per inputs received from [...]
Union Budget has outlined steps to boost MSMEs: Dalit trade body
Aurangabad, Feb 7 (PTI) Dalit Indian Chamber of Commerce and Industry (DICCI) founder Milind Kamble on Monday said amid the coronavirus pandemic, it was necessary to encourage employment in the country and the Centre has tried to do the same in the Union Budget for 2022-23 which has outlined various steps for the MSME sector.To [...]
India, ASEAN can develop entire ecosystem for renewable energy: R K Singh
New Delhi, Feb 7 (PTI) Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his [...]
Commence demolition of Supertech’s twin tower in Noida within 2 weeks, SC tells authorities
New Delhi, Feb 7 (PTI) The Supreme Court Monday directed the authorities to commence within two weeks the demolition of realty major Supertech Ltd's twin 40-storey towers of its Emerald Court project in Noida. A bench comprising Justices D Y Chandrachud and Surya Kant also directed the Noida CEO to convene a meeting within 72 [...]
JSCL signs pact for development of Apsara Road ‘High Street’
Jammu, Feb 7 (PTI) Aiming to develop street, walkability experience and connectivity for citizens, Jammu Smart City Ltd (JSCL) on Monday signed a pact for the development of Apsara road 'High Street' Gole market area along with the adjoining roads, an official said. The Rs 50-crore development project, under the Smart City programme of the [...]
India GDP estimated at Rs 147.5 lakh crore in FY22: Chaudhary
New Delhi, Feb 7 (PTI) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms [...]
InterGlobe Aviation shares rally nearly 10 pc on Q3 profit
New Delhi, Feb 7 (PTI) Shares of InterGlobe Aviation, the parent of IndiGo, zoomed nearly 10 per cent after the firm posted a profit after tax of Rs 129.8 crore in the three months ended December 2021. The stock jumped 9.91 per cent to settle at Rs 2,170.05 on BSE. During the day, it gained [...]
Business briefs
*AGEL gets nod to become member of GRI South Asia Charter on Sustainability Imperatives New Delhi, Feb 7 (PTI) Adani Green Energy has announced that it has received the approval for being a member of the GRI South Asia Charter on Sustainability Imperatives. The GRI South Asia Charter on Sustainability Imperatives - a unique creation [...]
JM Financial Q3 Results: Consolidated net profit jumps 20%
JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter. Its consolidated income grew a moderate 8.25 per cent to Rs 964.48 crore, the city-based company, which is into equity broking, investment banking and credit, said. The company's consolidated loan book [...]
SFIO has received 8 complaints regarding violation of IBC provisions: Govt
New Delhi, Feb 7 (PTI) Serious Fraud Investigation Office (SFIO) has received eight complaints regarding violation of various provisions of the insolvency law, Union minister Rao Inderjit Singh told Lok Sabha on Monday. He did not provide specific details. The Insolvency and Bankruptcy Code (IBC) provides a market-linked framework for resolution of stressed assets and [...]
Centre withdraws plea in SC for recall of CBI probe directions on HZL stake sale
New Delhi, Feb 7 (PTI) The Supreme Court Monday dismissed as withdrawn a plea by the Centre seeking to recall the top court's certain directions related to registration of CBI probe into the government decision for 26 per cent stake sale in Hindustan Zinc Ltd (HZL) in 2002. The top court on November 18, 2021 [...]
TVS Motor Q3 Results: Consolidated net profit drops 18%
NTVS Motor Company on Monday said its consolidated net profit declined 18.34 per cent to Rs 236.56 crore for the third quarter ended December 2021 on account of lower two-wheeler sales. The company had reported a consolidated net profit of Rs 289.69 crore in the same period of previous fiscal. Revenue from operations, however, rose [...]
Traditional Indian essence, wellness company partners with Michelin-star chef Vikas Khanna to launch signature Made-in-India perfume in New York
New York, Feb 7 (PTI) A traditional Indian essence and wellness products company has partnered with Michelin-star chef Vikas Khanna to launch a signature Made-in-India perfume here, aiming to usher in a “new dawn” for India’s arrival in the global perfumes industry. Zighrana has collaborated with Khanna to launch the flagship perfume that will bear [...]
Visakha Refinery all set for Rs 26,264 crore expansion
Amaravati, Feb 7 (PTI) The HPCL’s Visakha Refinery is set for modernisation and expansion at a cost of Rs 26,264 crore. “This is by far a massive industrial project ever in Andhra Pradesh,” BJP MP G V L Narasimha Rao said in a statement here on Monday. Under the Visakha Refinery Modernisation Project (VRMP), the [...]
HOP Electric launches state-of-the-art megaplex in Jaipur; output capacity at 100 e-scooters a day
Mumbai, Feb 7 (PTI) Jaipur-based HOP Electric Mobility on Monday announced the launch of its state-of-the-art megaplex in Jaipur, with its current production capacity pegged at 100 e-scooters per day. The megaplex has an assembly line, end-of-line testing facility, lithium battery, cell testing capability and a paint booth, and churns out the company's existing models [...]
Indian Bank Q3 Results: Standalone net profit rises 34% to Rs 690 cr
Indian Bank on Monday reported 34% jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs 514 crore for the year-ago period. “During the quarter our operating profit grew 16 per cent. This was driven by [...]
TVS Motor Company Records Highest Ever Revenue, EBITDA and Profit in a Quarter
Chennai, Tamil Nadu, India (NewsVoir) TVS Motor Company reported a highest ever operating revenue of Rs. 5,706 Crores in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020. The Company’s Operating EBITDA margin is at 10% during the quarter as against 9.5% during the third quarter ended [...]
India wants responsible, reasonable oil prices: Minister
New Delhi, Feb 7 (PTI) As international oil prices near USD 93 per barrel for the first time in 7 years, India on Monday said it strongly prefers responsible and reasonable pricing and has conveyed serious concerns over crude oil price volatility. "There have been major fluctuations in international prices of crude oil and petroleum [...]
Future Supply Chain Solutions’ loss narrows to Rs 4.29 cr in Dec quarter
New Delhi, Feb 7 (PTI) Future Supply Chain Solutions Ltd (FSCSL) on Monday reported narrowing down of its net loss to Rs 4.29 crore for the third quarter ended December 2021. The company had posted a net loss of Rs 41.27 crore in the October-December quarter a year ago, said FSCSL, the Future group's supply [...]
SatSure raises USD 5 mn from Baring, ADB Ventures, others
Mumbai, Feb 7 (PTI) Satsure, a start-up working at the intersection of space tech, artificial intelligence (AI), and software-as-a-service (SaaS), has raised USD 5 million in the pre-Series-A funding round led by Baring Private Equity India, along with ADB Ventures (Asian Development Bank's venture capital arm). The Bengaluru-based start-up said other investors who participated in [...]
Paytm shares recover lost ground; settle in green
New Delhi, Feb 7 (PTI) Shares of One97 Communications, which operates under the Paytm brand, recovered all the lost ground and settled in green on Monday. In early trade, it had tumbled over 7 per cent after the company reported widening of consolidated loss to Rs 778.5 crore in the December 2021 quarter. The stock [...]
New Look In The New Year For La Tim Steel
MUMBAI, India, Feb. 7 , 2022 /PRNewswire/ -- La Tim Metal & Industries (BSE: LATIMMETAL) (Script Code # 505693), a listed company in the steel trade since 1987, dealing with importing and trading of Colour Coated Steel Sheets, have launched their new website today. The new website has a fresh new look with a moving [...]
India witnessing increasing digitisation, shift in consumers’ financial behaviour: NITI VC
New Delhi, Feb 7 (PTI) India is witnessing increasing digitisation with people getting greater and easier access to financial services, which has led to a shift in consumers' financial behaviour from cash to e-wallets and UPI, NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar, [...]
Micro-savings app, Spenny launches new video campaign ‘Bharat Ki Gullak’
Micro-savings app, Spenny educates users on the importance of saving in a fun rap video NEW DELHI, Feb. 7, 2022 /PRNewswire/ -- Spenny, a micro-savings platform is building mass awareness on the importance of saving and investing through its peppy new digital campaign called #Bharatkigullak. Conceptualized and produced in-house, the fun rap video aims to [...]
Tata Steel shares settle with nearly 1 pc gain after Q3 earnings
New Delhi, Feb 7 (PTI) Shares of Tata Steel settled with nearly 1 per cent gain on Monday after the company's consolidated net profit more than doubled for the quarter ended December 2021. The stock gained 3.25 per cent to Rs 1,214.45 during the day on BSE. However, it gave up most of the gains [...]
Transformers and Rectifiers Q3 profit at Rs 6 cr
New Delhi, Feb 7 (PTI) Transformers and Rectifiers on Monday posted about five-fold jump in consolidated net profit to Rs 5.6 crore for December quarter 2021-22 mainly due to higher income. The company had logged a net profit of Rs 1.14 crore in the year-ago period, a BSE filing said. Total income rose to Rs [...]
International Cricketing Legends to play for Friendship Cup UAE in Sharjah
"With certain travel restrictions still in force at some places it is difficult for the tournament participants to travel during this time due to the current Covid situation worldwide, hence the organizing committee of FRIENDSHIP CUP UAE has postponed the event to 5th, 6th and 7th of March 2022," announced Aslam Gurukkal, CEO and Managing [...]
GSK Pharma Q3 Results: Consolidated net profit falls 3.9%
GlaxoSmithKline Pharmaceuticals Ltd on Monday reported a 3.93 per cent decline in consolidated net profit to Rs 150.35 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 156.51 crore in the corresponding quarter last fiscal, GlaxoSmithKline Pharmaceuticals said in a regulatory filing. Total income in [...]
Blindwink India Icon Awards – 2022 Winners Announced
Bangalore, Karnataka, India (NewsVoir) India Icon Awards - 2022 has been organised by Blindwink to recognise the individuals & the organisations for the excellence, determination and consistency to make their work standout and excel in these turbulent times and reckoning economy. The exemplary work of these icons from across India should reach out to the [...]
Italy Wins Gold in World’s Biggest Culinary Olympiad ‘Young Chef Olympiad’, Singapore wins Silver and Iceland Bronze
NEW DELHI, Feb. 7, 2022 /PRNewswire/ -- The 8th International IIHM Young Chef Olympiad drew to a close with a glittering Closing Ceremony organised at IIHM Kolkata's Global Campus. Matteo Cignetti of Italy won the coveted gold trophy, a digital certificate, a cheque for USD 5,000 and was crowned Best Young Chef of 2022. The [...]
NDA govt trying to privatize Singareni Collieries, alleges Rama Rao
Hyderabad, Feb 7 (PTI) In a fresh attack on the NDA government at the Centre, working president of the ruling TRS and Telangana Industries Minister K T Rama Rao on Monday alleged that the Centre is trying to privatize the state-owned mining firm Singareni Collieries. "The coal of Singareni Collieries is a big asset for [...]
Meesho adopts permanent ‘work from anywhere’ policy for all employees
New Delhi, Feb 7 (PTI) Meesho, an e-commerce firm backed by SoftBank and Facebook, on Monday said it will permanently allow its employees to work from home, office or any location of their choice. The company will be headquartered in Bengaluru and will look to set up remote offices across the country based on talent [...]
Pradip Shah appointed Pfizer India chairman
Mumbai, Feb 7 (PTI) Pfizer India on Monday appointed Pradip Shah as the chairman of its board following the resignation of R A Shah on February 3. Announcing the appointment, S Sridhar, the managing director of the company, said with Pradip Shah's elevation as the chairman, the firm will work closely with him on matters [...]
Truecaller teams up with global Android smartphone manufacturers to preload app in key mkts
New Delhi, Feb 7 (PTI) Truecaller on Monday said it has partnered with multiple global Android smartphone manufacturers to preload the app on phones in key markets such as India, Indonesia, Malaysia and Latin America.The global platform for verifying contacts and blocking unwanted communications, further said it aims to cover over 100 million new Android [...]
MUMMBAI, FEB 7
(PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 61331.00 61365.00 STANDARD GOLD (99.5) : 48082.00 48087.00 PURE GOLD (99.9) : 48275.00 48280.00 --------------- PTI MUM SVC SVC SVC
Sensex nosedives 1,024 pts on rate hike fears; HDFC twins top drags
Mumbai, Feb 7 (PTI) Equity benchmark Sensex crashed 1,024 points to end below the 58,000-level on Monday as investors fretted over policy tightening by central banks amid elevated inflation. Unabated foreign fund outflows added to the gloom, traders said. Declining for the third straight session, the 30-share BSE Sensex plummeted 1,023.63 points or 1.75 per [...]
Time ripe for 20 bps reverse repo rate hike to help find buyers for G-secs supply: SBI
Mumbai, Feb 7 (PTI) Citing the massive spike in credit growth during the first half and the steeper fall in deposits and the resultant rise in term money rates, coupled with the record high borrowings, an SBI report has called for a 20 bps increase in reverse repo rate outside the MPC ambit so that [...]
Axis AMC eyes Rs 500 cr mop-up from states’ debt index fund
Mumbai, Feb 7 (PTI) Axis Mutual Fund on Monday said it is targeting to collect Rs 500 crore from its new state government debt index fund. The open-ended target maturity index fund investing in constituents of the Crisil IBX SDL index-May 2027 offers high interest rate risk and a relatively low credit risk. The fund [...]
Shop for JBL Bluetooth Speakers and Get up to Rs. 3,000 as Cashback Voucher
Buy JBL bluetooth speakers on No Cost EMI and also avail of other exciting deals at the Bajaj Finserv EMI Store Pune, Maharashtra, India (NewsVoir) Top-notch sound quality is now affordable as the Bajaj Finserv EMI Store has announced amazing deals and discounts on JBL Bluetooth Speakers. Customers can now purchase their favourite JBL speakers [...]
Minda Industries raising stake in subsidiary firm Minda Kosei Aluminum Wheels to 77.35%
Mumbai, Feb 7 (PTI) Minda Industries Ltd (MIL), the flagship firm of the UNO MINDA Group, on Monday said it is increasing its stake in the subsidiary company Minda Kosei Aluminum Wheels (MKA) to 77.35 per cent from 70 per cent, with an investment of Rs 61.2 crore in the venture. The existing shareholders and [...]
Maruti Suzuki opens bookings for new Baleno; launch later this month
New Delhi, Feb 7 (PTI) Maruti Suzuki India (MSI) on Monday said it has commenced bookings for the new version of its premium hatchback Baleno, which it plans to launch later this month.With the introduction of the new version of the model, the company aims to further strengthen its position in the premium hatchback segment [...]
DIAL says expansion work of arrival terminal at T1 complete; ready for operations
New Delhi, Feb 7 (PTI) Delhi airport operator DIAL on Monday said it has completed the expansion work of the arrival terminal at T1 and is ready for operations.The work has been done as part of expansion plans and once complete, the airport's total terminal capacity and airside capacity will increase to 100 million and [...]
COMMODITY PRICES
MUMBAI, FEB 7 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST.COPPER :- COPPER CABEL SCRAP 736.00 COPPER HEAVY SCRAPS 727.00 COPPER ARMATURE (CREDIT) 703.00 COPPER UTENSILS SCRAP 637.00 CC ROD 786.00 BRASS :- BRASS SHEET CUTTING 536.00 BRASS UTENSIL SCRAP 486.00 BRASS HONEY 478.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 184.00 ALUMINIUM EXTRUSION SCRAP 216.00 ALUMINIUM INGOTS [...]
PRICES MUM OILSEEDS CLOSING
MUMBAI, FEB 7 (PTI) OILS (per 10 Kgs) G.Nut Raw 1340.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1240.00 Sunflower Exp.Ref. 1300.00 Cottonseed(Refined) 1325.00 Refined Palm Oil 1245.00 Soyabean Ref. 1290.00 Imp.Soyabean Crude - Rapeseed Ref. 1660.00 Rapeseed Exp. 1630.00 Copra white 1540.00 Rice Bran 4-7% FFA - Rice Bran 1200.00 Linseed 1850.00 Castor [...]
BlueStone.com launches jewellery manufacturing unit in Jaipur
Mumbai, Feb 7 (PTI) BlueStone.com, an omnichannel fine jewellery platform, on Monday announced the launch of its jewellery manufacturing unit in Jaipur, Rajasthan, with an investment of USD 3 million, which will process over 250 kilograms of gold per month. This is the company's third manufacturing unit in the country, according to a statement. BlueStone's [...]
Gramophone plans to double headcount to 1,000 in 6-8 months
Mumbai, Feb 7 (PTI) Full-stack agri-tech company Gramophone on Monday said it is planning to nearly double its headcount in the next 6-8 months on the back of growing demand. The company whose current employee strength is over 450 is planning to add over 300 professionals across technology, product, operations and marketing in the next [...]
CMS IT Services names Anuj Vaid as CEO
New Delhi, Feb 7 (PTI) CMS IT Services, a managed services and system integration player, has named Anuj Vaid as Chief Executive Officer (CEO).In a statement, CMS IT Services said Vaid has a vision to transform the company with modernised digital services, differentiated delivery models and explore new markets to enhance stakeholder value.His appointment as [...]
Hafele Adds Plinth Fittings and Accessories to its Collection of Modular Kitchen Design Range
Bangalore, Karnataka, India (NewsVoir) Your kitchen is only as strong as its foundation; it goes without saying that the flexible and varied work in the kitchen should be backed by an equally sturdy base. But along with this aspect of functionality, due to the rising need of open spaces, it is also desirable to have [...]
India Cannot have Aatman Nirbhar Bharat without Aatman Nirbhar Women and Girls: Lakshmi M Puri
Kolkata, West Bengal, India (NewsVoir) “India cannot have an Aatman Nirbhar Bharat without Aatman Nirbhar girls and women. India represents such a large population, it is the microcosm and the macrocosm of our achieving gender equality in the world. Empowering the women and girl child with education, skills and confidence that they can do anything [...]
Gaming firm Atirath raises funds from Kalaari Capital
New Delhi, Feb 7 (PTI) Gaming company Atirath has raised funds from Kalaari Capital in a seed round, according to a statement.The amount of fund raised was not disclosed.The proceeds will be used to strengthen products to evolve and develop the economic model of game metaverse and towards expansion plans."Game development company Atirath has raised [...]
India’s dependence on import to meet thermal coal demand sharply reduced: Joshi
New Delhi, Feb 7 (PTI) The government on Monday said the country's dependence on imports to meet thermal coal demand has sharply reduced and stressed that in the next financial year, this demand will be met from Coal India, Singareni Collieries Company Ltd and captive mines. The power ministry has projected a requirement of 727 [...]
Why Sugar Stocks are Rallying when markets are going down?
Sugar stocks are up, as the market fell drastically today.FIIs are selling shares due to rising US bond yields, but they are investing in sugar stocks, PSU banks and metal stocks.The blending of ethanol in fuel means more business for sugar stocks, and they have strong quarterly results. Sugar stocks are up as the market [...]
Union Bank of India Q3 Results: Net profit jumps 49%
State-owned Union Bank of India on Monday posted a 49 per cent jump in net profit to Rs 1,085 crore in the third quarter ended December 31. The bank had earned a net profit of Rs 727 crore in the corresponding quarter of the previous financial year. Its total income during the October-December quarter of [...]
BBB invites applications for post of NaBFID MD
New Delhi, Feb 7 (PTI) The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, has invited applications for the post of managing director (MD) of the newly set-up Rs 20,000-crore NaBFID, which is preparing to commence business in the April-June quarter. According to the public notice, eligible candidates should have a [...]
JSW Group joins World Business Council for Sustainable Development
New Delhi, Feb 7 (PTI) JSW Group, one of the country's leading business houses, has joined over 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD). JSW will be represented in WBCSD by Seshagiri Rao, Joint Managing Director and Group CFO, who also sits on the board of [...]
Thyrocare Technologies names Rahul Guha as MD & CEO
New Delhi, Feb 7 (PTI) API Group backed diagnostics chain Thyrocare Technologies on Monday said it has appointed Rahul Guha as the company's Managing Director and Chief Executive Officer with effect from May 16, 2022. A graduate of IIM-B, Guha has spent almost 17 years at Boston Consulting Group (BCG), where he has led the [...]
Dvara SmartGold raises USD 2 mn from Axilor, Dvara Holdings
Mumbai, Feb 7 (PTI) Dvara SmartGold on Monday announced a USD 2-million fundraise from seed fund Axilor and Dvara Holdings. The company's Interim Chief Executive Jaydeep Banerjee said it serves over 70,000 customers currently and the capital raised will be used to expand across India footprint for micro-savings and introducing other financial products centred on [...]
DCGI grants approval to single-shot Sputnik Light Covid vaccine for emergency use: Dr Reddy’s
New Delhi, Feb 7 (PTI) Dr Reddy's Laboratories on Monday said the Drugs Controller General of India (DCGI) has granted approval to the single-shot Sputnik Light vaccine for restricted use in emergency situation in India. Sputnik Light is a one-dose vaccine and the same as the first component— recombinant human adenovirus serotype number 26 (rAd26) [...]
Punjab & Sind Bank Q3 Results: Net profit at Rs 301 cr
State-owned Punjab & Sind Bank (PSB) on Monday reported a net profit of Rs 301 crore for the quarter ended December 2021 on healthy growth in core income and fall in provisioning requirement. The lender had posted a net loss of Rs 2,376 crore in the same quarter a year ago. Sequentially, the net profit [...]
Cashfree Payments posts profits in four consecutive fiscals; records 48% growth in net profit to over Rs. 25 Cr in FY21
BENGALURU, India, Feb. 7, 2022 /PRNewswire/ -- Cashfree Payments, India's leading payments and API banking solutions company, announced that it recorded a 48% growth in net profit to Rs. 25.22 crore for the financial year ended in March 2021, posting profits in four consecutive fiscals. Cashfree Payments has successfully leveraged its intuitive and cutting edge [...]
Sebi comes out with new disclosure format for abridged prospectus
New Delhi, Feb 7 (PTI) To further simplify and provide greater clarity, markets regulator Sebi has come out with a new format for disclosures in abridged prospectus, whereby critical information will be provided in the front page of the offer document. Under the rules, every application form for the purchase of any securities of a [...]
Lightning Motorcycles and CBMM bet on niobium technology to break land speed record
Partnership aims to develop innovative applications in various components SÃO PAULO, Feb. 7, 2022 /PRNewswire/ -- Boost performance and speed. This is the goal that led Lightning Motorcycles, known for being pioneers in the e-mobility industry and electric motorcycles innovators, to team up with the Brazilian company CBMM, world's leading supplier of niobium products and [...]
Crude oil futures dip on weak demand
New Delhi, Feb 7 (PTI) Crude oil prices fell Rs 85 to Rs 6,817 per barrel on Monday after participants reduced their positions.On the Multi Commodity Exchange, crude oil for the February delivery dropped by Rs 85, or 1.23 per cent, to Rs 6,817 per barrel with a business volume of 12,794 lots.Analysts said the [...]
Hero Electric joins hands with ReadyAssist to train 20,000 mechanics
New Delhi, Feb 7 (PTI) Hero Electric on Monday said it has tied up with ReadyAssist, a 24X7 roadside assistance company, for training and upskilling 20,000 mechanics for servicing electric two- wheelers. The company has undertaken the initiative under its Private Garage Owners (PGO) programme. The partnership will aid in identifying mechanics willing to upgrade [...]
PRICES MUM GENERAL OPEN
MUMBAI, FEB 4 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 61331.00 STANDARD GOLD (99.5) : 48082.00 PURE GOLD (99.9) : 48275.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61200.00 RS. PER KG.SILVER RDY.(PORTION) : 61300.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48800.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46300.00 RS. PER [...]
Industry body FAITH pitches for commercial flights operations in full strength
New Delhi, Feb 7 (PTI) Tourism and hospitality industry body FAITH on Monday called for allowing operations of commercial flights in full strength to and fro from India to enable tourist arrival in the country and help the sector recover from the impact of the pandemic. The Indian inbound and outbound travel industry has been [...]
Venus Remedies joins AMR Industry Alliance
Chandigarh, Feb 7 (PTI) Pharma firm Venus Remedies on Monday said it has joined AMR Industry Alliance - a league of over 100 globally renowned organisations - to develop solutions to combat the grave public health threat posed by antimicrobial resistance.Welcoming Venus Remedies as a new member, Melissa Mitchell, Secretariat Lead of AMR (antimicrobial resistance) [...]
PETROFAC SECURES NEW SCOPES WITH CAIRN OIL & GAS, VEDANTA, INCLUDING FIRST MAJOR O&M CONTRACT IN INDIA
LONDON, Feb. 7, 2022 /PRNewswire/ -- Petrofac, a leading provider of services to the global energy industry, has been awarded two new contracts with Cairn Oil & Gas, Vedanta Limited, India's largest private oil and gas exploration company. With a combined value of approximately US$100 million, the wins include Petrofac's first significant Operations and Maintenance [...]
SAP and Crave InfoTech to host a webinar on driving efficiency through automation
PUNE, India and NEW JERSEY, N.J, Feb. 7, 2022 /PRNewswire/ -- Crave InfoTech and SAP bring forth a webinar to educate enterprise top executives, business analysts, engineering teams, operations, information technology leads, etc. about business process automation leveraging SAP Intelligent Robotic Process Automation (IRPA). The webinar will be hosted online on the 8th of February, [...]
After Paytm Q3 results, what are analysts saying? Should you buy/sell?
One97 Communications, the parent company of Paytm’s Q3 revenue from operations increased by ~88% to ₹1,456 Cr when compared to the same quarter last year. However, it posted a net consolidated loss of ₹778.5 crores. Its share price had been low, but it has recovered as the stock was up by more than 2% on [...]
Get Cashback Up to Rs. 3,000 on Mobiles and Tablets on the Bajaj Finserv EMI Store
Shop for the latest OnePlus mobile phones on the Bajaj Finserv EMI Store using your EMI Network Card and get a cashback of up to Rs. 3,000 on your purchase. Hurry up, place your orders now New Delhi, Delhi, India (NewsVoir) Buy the latest mobile phones and tablets on the EMI Store and get limited [...]
LAY SCIENCES Announces the Global Launch of ImmunIgY, the First Pre-Formed Oral Antibody That Neutralizes SARS-CoV-2 and All Its Known Variants Including DELTA and OMICRON
ImmunIgY, has been developed by ReaGene Biosciences, Kyntox Bio and ProdigY, and is an antibody-containing beverage (ImmunIgY™) that can potentially prevent viral entry, regardless of vaccination or infection status. Hyderabad, India – Business Wire India Lay Sciences, Inc. announced today that its flagship product ImmunIgY, the first-in-class product that contains pre-formed (instant) antibodies that neutralize [...]
ICICI Lombard offers cyber insurance to Airtel Payments Bank customers
New Delhi, Feb 7 (PTI) ICICI Lombard General Insurance on Monday said it is offering cyber insurance to customers of Airtel Payments Bank as rising digital payments and transactions pose threat of cyber fraud. ICICI Lombard's cyber insurance solution provides financial protection to customers against potential financial fraud relating to banking, credit or debit card; [...]
Burgerama raises Rs 5 crore in funding from Anicut Angel Fund, others
New Delhi Feb 7 (PTI) Startup burger delivery platform Burgerama on Monday said it has raised Rs 5 crore in pre-Series A funding led by Anicut Angel Fund.The round was also participated by new and existing investors, including Rishab Malik (Droom, Jungle Ventures), Ashvin Chadha (co-founder, Anicut Capital), Bikky Khosla (Chairman, TradeIndia.com) and Arjun Seth [...]
Rising demand lifts refined soya oil futures
New Delhi, Feb 7 (PTI) Refined soya oil prices on Monday rose by Rs 10.7 to Rs 1,298.7 per 10 kg in futures trade as speculators raised their bets.On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 10.7, or 0.83 per cent, to Rs 1,298.7 per 10 [...]
L&T, Microsoft sign pact to develop regulated sector-focused cloud offering
New Delhi, Feb 7 (PTI) Larsen & Toubro (L&T) and Microsoft India on Monday announced signing of a pact to develop a regulated sector-focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services. In line with emerging regulations, L&T and Microsoft will co-engage with a defined set of large customers in [...]
Guar seed futures decline on low demand
New Delhi, Feb 7 (PTI) Guar seed prices on Monday declined by Re 1 to Rs 6,281 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for February delivery was trading down by Re 1, or 0.02 per cent, at Rs 6,281 per 10 quintal with an open interest [...]
Guar gum futures fall on low demand
New Delhi, Feb 7 (PTI) Guar gum prices on Monday fell Rs 17 to Rs 11,778 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.On the National Commodity and Derivatives Exchange, guar gum for February delivery declined by Rs 17, or 0.14 per cent, to [...]
Sonata Software Partners with Microsoft in its launch of ‘Microsoft Cloud for Retail’
Further strengthens its offerings to the retail industry BANGALORE, India, Feb. 7, 2022 /PRNewswire/ -- Sonata Software, a global IT Services and Technology Solutions Company, partners with Microsoft in its launch of 'Microsoft Cloud for Retail', further strengthening its offerings to the retail industry. For over three decades, Sonata Software has been a partner with [...]
Astrology in the Time of Pandemic
Chennai, Tamil Nadu, India (NewsVoir) The Age of Uncertainty One of the few businesses that has been doing consistently well during the ongoing pandemic is Astrology. The age of certainty certainly seems to have come to an end - for now. People can no longer take their jobs, relationships, or lives for granted. Many are [...]
Gati appoints Anish Mathew as Chief Financial Officer
Mumbai, Feb 7 (PTI) Express distribution and supply chain management firm Gati Ltd has appointed Anish Mathew as its Chief Financial Officer.In his role as CFO, he will play a pivotal role in managing the core financial and fiscal management aspects of the company, besides leading the entire finance function of Gati Ltd on a [...]
US-based battery tech firm C4V rolls out lithium slim energy reserve platform in India
Mumbai, Feb 7 (PTI) US-based battery technology firm C4V on Monday said it has rolled out a cell tech platform Lithium slim energy reserve in India to address various challenges, including supply chain, cost and battery performance.Lithium slim energy reserve (LiSER) brings a cobalt and nickel free lithium-ion battery cell technology, providing 40-50 per cent [...]
Jindal Global Law School signs 10 New MoUs in 6 Countries for International Student Mobility
7 February 2022, Sonipat, Haryana: Jindal Global Law School (JGLS), O.P. Jindal Global Institution of Eminence Deemed to be University (JGU), has expanded its international partnership by signing 10 new Memorandums of Understanding (MoUs) with top universities in 6 countries. The new international collaborations have been entered into with leading universities from Canada, Italy, Peru, [...]
GovernEye Opinion Poll Results for Delhi’s Municipalities Show Very Low Approval Ratings
New Delhi, Delhi, India – Business Wire India GovernEye Systems, a New Delhi based citizen engagement platform, has announced the results of its Citizen Satisfaction Survey for Delhi's 3 poll-bound municipalities. The survey is unique because it also includes GovernEye's assessment of individual responses being analytical or sentimental. The survey included control questions to assess [...]
Technological advancement of 3D printing: Malignant Sternal Tumour patient undergoes complex cancer surgery and Entire sternum ribs reconstruction at Manipal Hospitals
The surgery made use of a new-age custom-made 3D printed light weight titanium implant to reconstruct the patient's entire chest bone (sternum) and ribs which were imperative for his survival after cancer resection BENGALURU, India, Feb. 7, 2022 /PRNewswire/ -- Mr. Sohail Akhter (name changed), 50 years of age from Bangladesh was suffering from a [...]
IPM India Wholesale Trading Private Limited receives Top Employer Certification for 2022
Achieves this industry milestone for the third consecutive year NEW DELHI, Feb. 7, 2022 /PRNewswire/ -- IPM India Wholesale Trading Private Limited (IPM India), a country affiliate of Philip Morris International, Inc. (PMI), announced that it has successfully obtained the Top Employer 2022 Certification from Top Employers Institute for the third year in a row, [...]
Maruti Suzuki opens bookings for new Baleno
New Delhi, Feb 7 (PTI) Maruti Suzuki India (MSI) on Monday said it has commenced bookings for the new version of its premium hatchback Baleno.Customers can book the new Baleno with a payment of Rs 11,000, the auto major said in a statement."The Baleno brand has redefined the premium hatchbacks in India. With over 1 [...]
Ashok Leyland to supply 200 trucks to Bangladesh
Mumbai, Feb 7 (PTI) Commercial vehicle maker Ashok Leyland on Monday said it will supply 200 trucks to the Bangladesh government as part of a USD 2-billion line of credit announced by Prime Minister Narendra Modi.As part of the order, 135 built trucks have already been delivered to Bangladesh, Ashok Leyland said in a statement.The [...]
Tata Steel shares jump over 3% after Q3 earnings
Shares of Tata Steel jumped over 3 per cent after the company's consolidated net profit more than doubled for the quarter ended December 2021. The stock gained 3.25 per cent to Rs 1,214.45 on the BSE. On the NSE, it jumped 3.25 per cent to Rs 1,214.60. Steel major Tata Steel on Friday said its [...]
Merck Foundation CEO Advocates for Education to End Female Genital Mutilation in Africa and Beyond
Mumbai, Maharashtra, India & Monrovia, Liberia – Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany marks the International Day of Zero Tolerance for Female Genital Mutilation 2022 as a part of the Merck Foundation “More Than a Mother” and “Educating Linda” program. Senator, Dr. RashaKelej, CEO of Merck Foundation and President [...]
AMO Electric Bikes launches electric scooter Jaunty Plus; priced at Rs 1.10 lakh
New Delhi, Feb 7 (PTI) AMO Electric Bikes on Monday launched its new electric scooter Jaunty Plus priced at Rs 1.10 lakh (ex-showroom).Jaunty Plus is powered by a 60 V/40 Ah lithium battery, delivering an average range of 120 km per single charge, with four hours to charge 100 per cent, the company said in [...]
Transfer vigilance unit officers who have completed minimum tenure: CVC to govt depts, banks
New Delhi, Feb 7 (PTI) The Central Vigilance Commission has asked central government departments and public sector banks to transfer by June this year officers who have completed the minimum tenure in their vigilance departments.In an order, the anti-corruption watchdog said the initial posting of an officer in the vigilance unit of an organisation should [...]
Ujjivan SFB appoints Sriram Srinivasan as head of digital banking
New Delhi, Feb 7 (PTI) Ujjivan Small Finance Bank on Monday said it has appointed industry veteran Sriram Srinivasan as the new Head of Digital Banking.Srinivasan will be responsible for accelerating digital adoption across the bank and its services.He has a rich experience of over 26 years, having worked extensively in Japan, India, Singapore, Hong [...]
ME’s leading insurer NLG unifies its systems under Oracle Fusion with 4i Apps as its technology partner
CHENNAI, India, Feb. 7, 2022 /PRNewswire/ -- National Life and General Insurance Co. SAOG (NLG) is the market leader and largest insurance company in Oman (by Gross Written Premium) and has around 190+ combined touch points for policy sales and servicing. In addition to Oman, NLG also has overseas branches in Dubai, Abu Dhabi & [...]
Passenger vehicle retail sales drop 10 pc in Jan as chip shortage continues: FADA
New Delhi, Feb 7 (PTI) Passenger vehicle retail sales declined 10 per cent year-on-year in January 2022, as the companies continued to suffer production loss amid semiconductor shortage, automobile dealers' body FADA said on Monday.The passenger vehicle (PV) sales dropped to 2,58,329 units last month, down 10.12 per cent from 2,87,424 units in January 2021."In [...]
Virescent Renewable Energy Trust raises Rs 650 cr via bonds
New Delhi, Feb 7 (PTI) KKR-backed Virescent Renewable Energy Trust ((VRET) has raised Rs 650 crore through domestic bond issue. "Virescent Renewable Energy Trust (VRET) raised Rs 650 crore through a domestic bond issuance across 7.33-year (Rs 150 crore) and 10-year (Rs 500 crore) tranches," a VRET statement said. According to the statement, this transaction [...]
The one-component Sputnik Light vaccine has been authorized in India; over 2.5 billion people live in countries that approved Sputnik Light as a standalone vaccine and a universal booster
Sputnik Light will be an important part of India's vaccination program and the fight against mutations of COVID, including Omicron. Sputnik Light has been authorized in more than 30 countries with total population of over 2.5 billion people. MOSCOW, Feb. 6, 2022 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announces [...]
DCGI grants approval to single-shot Sputnik Light Covid vaccine for emergency use: Dr Reddy’s
New Delhi, Feb 7 (PTI) Dr Reddy' Laboratories on Monday said the Drugs Controller General of India (DCGI) has granted approval to the single-shot Sputnik Light vaccine for restricted use in emergency situation in India. Sputnik Light is a one-dose vaccine and the same as the first component— recombinant human adenovirus serotype number 26 (rAd26) [...]
Forex market note
Mumbai, Feb 7 (PTI) G-Secs, forex and money markets will remain closed on Monday, says the Reserve Bank as the Maharashtra government announced a public holiday to mourn Lata Mangeshkar's demise. PTI MKJ MKJ
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.
