#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 under ₹ 150 that is in the business of smart meters and transformers
The Indian market for smart meters and transformers is experiencing significant growth, driven by advancements in technology and increased investments in infrastructure. Smart meters, which enable real-time monitoring of energy consumption, are becoming essential in the push for energy efficiency and management. The Indian government’s focus on digital transformation in the energy sector is catalyzing [...]
Cable stock under ₹ 100 with orderbook worth ₹ 555 Cr to keep a watch on
Cable stocks in India represent a significant segment of the stock market, encompassing companies involved in the manufacturing and distribution of various types of cables, including power cables, communication cables, and speciality cables. The sector has shown growth potential, driven by increasing demand in infrastructure, telecommunications, and renewable energy projects. Listed below is one such [...]
Penny stocks with high FII holding of up to 28% to keep an eye on
High Foreign Institutional Investor (FII) holding in penny stocks is often seen as positive because it indicates confidence from institutional investors in the stock's potential for growth and stability. This backing can attract more retail investors, potentially driving up the stock's value and liquidity. Here are four such penny stocks with high FII holdings: Stratmont [...]
Penny stock jumps 5% after it secures order from Sunflag Iron and Steel company
In Tuesday’s session, the share price of a company engaged in the transportation and logistics business moved up by 5.1 percent to hit an intraday high at Rs. 61.5 on BSE, after receiving a contract for bulk transportation from Sunflag Iron & Steel Company Limited. With a market cap of Rs. 125.4 crores, at 03:09 [...]
Tata group stock jumps after it partners with Google for cybersecurity solutions
The shares of this largecap company jumped around 1 percent in Tuesday’s trading session after expanding its partnership with Google Cloud to offer AI-Powered Cybersecurity Solutions. Price Movement: With a market capitalization of Rs. 16,43,209 crores, the shares of Tata Consultancy Services Ltd started Tuesday’s trading session on a flatter note at Rs. 4,521.05. During [...]
IT stock under ₹ 5 hits 5% upper circuit after promoter increased stake; Also receives ₹ 100 Cr order
IT Stock engaged in the business of software and consultancy services, hit a 5 percent upper circuit in the day’s trade following plans of promoter increasing stake in the company and receiving work order worth Rs. 100 Crores. Price Action With a market capitalization of Rs. 112 Crores, the shares of GACM Technologies Limited hit [...]
Infra stock jumps 5% after receiving order worth ₹ 59 Cr for an Adani Project
Infra stock engaged in providing construction and allied services across residential, commercial, and institutional projects jumped 5 percent in the day’s trade upon receiving a work order worth Rs. 59 Crores for an Adani project. Price Action With a market capitalization of Rs. 433 Crores, the shares of Chavda Infra Limited were trading at Rs. [...]
Multibagger power stock hit 5% upper circuit after receiving buy call for an upside of 30%
Shares of a company holding expertise in the sectors of energy, urban infrastructure, and transportation hit a 5% upper circuit on BSE at Rs. 141.15 in the trading session of Tuesday. With a market capitalisation of Rs. 10,090 crores, the shares of GMR Power and Urban Infra Limited opened in the green at Rs. 140.95, [...]
NBFC stock jumps 5% after signing MoU worth ₹ 1,964 Mil to set up new plant in J&K
The shares of this financial service company gained up to 5 percent after the company sanctioned an amount of Rs 1,964.90 Million for the development of a state-of-the-art manufacturing unit. Sunshine Capital Ltd has a market capitalization of Rs 242.71 crore, the shares were trading at Rs 2.33 per share, increasing around 4.02 percent as [...]
Smallcap stock jumps 5% after announcing record date for 1:1 bonus issue
The shares of this smallcap company surged by 5 percent after announcing the record date for the issuance of bonus shares in the ratio 1:1. On a YTD basis, the stock has delivered more than 50 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 1,820 crores, the shares of Bigbloc [...]
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
Christmas, New Year booking cancellations result in Rs 200 cr loss for hospitality sector
New Delhi, Jan 6 (PTI) Booking cancellations for Christmas and New Year celebrations, along with those of weddings and planned events, due to a surge in COVID-19 cases have so far resulted in a loss of around Rs 200 crore in the hospitality industry, the Federation of Hotel & Restaurant Associations of India (FHRAI) said [...]
Skoda aims to treble sales, expand product range in India this year
New Delhi, Jan 6 (PTI) Czech automaker Skoda aims to treble its sales in India this year over 2021, on the back of new product launches and enhanced the number of customer touchpoints across the country, a senior company official said on Thursday.With its mid-size SUV Kushaq receiving a robust response, the company ended 2021 [...]
NEWSALERT
Cabinet approves Rs 12,000 cr phase-II of Green Energy Corridor: Union Minister Anurag Thakur. PTI NKD MJH ABM ABM
Angel One’s client base swells by 144% to 7.78 mn in 2021
Mumbai, Jan 6 (PTI) Angel One, a leading listed retail stock broking house, has seen its client base jump by over 144 per cent to 7.78 million in 2021, a net addition of 4.77 million during the year. In December alone, its gross client acquisition jumped 0.46 million, up by 110.4 per cent, the brokerage [...]
IndiaMART acquires 26.01% stake in EasyEcom, invests Rs 13.3 cr
New Delhi, Jan 6 (PTI) B2B e-online marketplace IndiaMART on Thursday said it has invested about Rs 133.5 million via its wholly-owned subsidiary Tradezeal Online Pvt Ltd to acquire a 26.01 per cent stake in EasyEcom. Edgewise Technologies - under the brand name 'EasyEcom' - offers AI-driven omnichannel inventory and warehouse management solutions to merchants. [...]
Tata Starbucks enters into six new cities in India, crosses 250 store benchmark
New Delhi, Jan 6 (PTI) Tata Starbucks on Thursday announced entry into six new markets as part of its expansion into smaller cities in India. With these new additions, the company now operates 252 Starbucks stores in 26 cities. It is entering into -- Siliguri, Nashik, Guwahati, Thiruvananthapuram, Goa and Bhubaneswar -- a company statement [...]
BGE-VEGETABLES
Bengaluru, Jan 6 (PTI) Following are Thursday's Vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), Rates per Quintal. Cauliflower 800-6000, Brinjal 400-8000, Tomato 200-5000, Bitter Gourd 2000-5000, Bottle Gourd 700-2500, Ash Gourd 1100-1800, Green Chilly 300-7000, Banana green 1000-31000, Beans 150-6000, Green Ginger 900-5000, Carrot 2000-9000, Cabbage 2000-5000, Ladies Finger 350-7500, Snake gourd 1000-4000, [...]
How publishers beat Covid blues in 2021!
New Delhi, Jan 6 (PTI) The COVID-19 pandemic reset all equations everywhere, including in publishing, but publishers say they learned to put their heads down in 2021 and focus on the details following the traumatic experience the previous year and were able to bring out a super line-up of books.Chiki Sarkar, publisher of Juggernaut, found [...]
S.S.P Naveen Sikhera, played by Mohit Raina is back with Bhaukaal 2
Inspired by the life of IPS officer Navniet Sekera, MX Original Series Bhaukaal returns for its second season with Mohit Raina reprising his role as the heroic S.S.P Naveen Sikhera. Ab shaanti nahi, sarvanaash hoga promises the action packed Bhaukaal 2 teaser that transports viewers to the lawless hinterland of Muzaffarnagar, UP. S.S.P. Naveen Sikhera [...]
Mukta Arts’ theatre chain Mukta A2 Cinemas achieves pre-covid occupancy levels across its screens
- The company added 9 screens in Q2, Q3 of FY21 MUMBAI, India, Jan. 6, 2022 /PRNewswire/ -- Mukta Arts, one of India's leading production houses with business interests across the entertainment spectrum from Exhibition to Education, is witnessing resurgence in occupancy levels across its Mukta A2 cinemas. With a slew of blockbuster releases following [...]
KOLKATA BULLION CLOSING
Kolkata,Jan.06(PTI): SILVER RDY.(BAR) : Rs.61,000.00(61,850.00) Per Kg.SILVER RDY.(PORTION) : Rs.61,100.00(61,950.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.48,450.00(48,700.00) Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.45,950.00(46,200.00) Per 10 Gms.HALLMARKED GOLD(22-CARAT) RDY. : Rs.46,650.00(46,900.00) Per 10 Gms. ---- PTI SAM
Sensex sinks 621 pts amid global sell-off
Mumbai, Jan 6 (PTI) Equity benchmark Sensex plummeted 621 points on Thursday, weighed by deep losses in index majors HDFC twins, Reliance Industries and TCS amid a sell-off in global markets. World stocks spiralled lower after minutes of Federal Reserve's recent meeting indicated that the US central bank may hike interest rates faster to cool [...]
Rupee falls 11 paise to close at 74.49 against US dollar
Mumbai, Jan 6 (PTI) The rupee on Thursday slumped 11 paise to close at 74.49 (provisional) against the US dollar, tracking the strength of the American currency in the overseas market after hawkish US Fed minutes.Investors saw minutes from the Federal Reserve meeting as a sign that the US central bank might hike interest rates [...]
COMMODITY PRICES
MUMBAI, JAN 6, 2022 (PTI) METAL PRICES:- COPPER COPPER CABLE SCRAP 727.00 COPPER HEAVY SCARP 713.00 COPPER ARMATURE (CREDIT) 698.00 COPPER UTENSIL SCRAP 633.00 C.C. ROD 760.00 BRASS BASS SHEET CUTTING 540.00 BRASS UTENSIL SCRAP 482.00 BRASS HONEY 475.00 ALUNINIUM ALU. UTENSIL SCRAP 185.00 ALU. EXT SCRAP 208.00 ALU. INGOTS. 234.00 OTHER GUN METAL SCRAP [...]
J&K govt signs pact with Dubai-based LuLu group to set up food processing, logistics hub in Srinagar
Jammu, Jan 6 (PTI) The Jammu and Kashmir government has signed a memorandum of understanding (MoU) with Dubai-based Lulu group to set up a food processing and logistics hub in Srinagar, officials said. Lieutenant Governor Manoj Sinha termed it as a "historic agreement" and said the trade between Jammu & Kashmir and Dubai has remained steady [...]
OILSEEDS PRICES
MUMBAI, JANUARY 6, 2022 (PTI) MUMBAI - OILS (per 10 Kgs) G.Nut Raw 1320.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1180.00 Sunflower Exp.Ref. 1245.00 Cottonseed(Refined) 1215.00 Refined Palm Oil 1165.00 Soyabean Ref. 1200.00 Imp.Soyabean Crude - Rapeseed Ref. 1580.00 Rapeseed Exp. 1550.00 Copra white 1700.00 Rice Bran 4-7% FFA - Rice Bran 1090.00 [...]
Samco Mutual Fund’s debut flexi-fund NFO to open from Jan 17
New Delhi, Jan 6 (PTI) Samco Mutual Fund, a new player in the Rs 38 lakh crore MF industry, on Thursday announced the launch of its first fund offering-- Samco Flexi Cap Fund -- through which it is targeting to mop up Rs 5,000 crore. The new fund offer (NFO) will open on [...]
Airtel Payments Bank, Park+ tie up to offer FASTag-based smart parking solutions
New Delhi, Jan 6 (PTI) Airtel Payments Bank on Thursday announced a collaboration with Park+ to offer FASTag-based smart parking solutions to marquee commercial and residential properties across the country. The partnership aims to leverage the distribution reach and digital payments stack of Airtel Payments Bank to digitise the parking ecosystem using FASTag associated with [...]
Deloitte makes available playbook to help district admin address surging COVID-19 cases
New Delhi, Jan 6 (PTI) Deloitte on Thursday said it is making available a playbook to help district administrations across the country address the rising threat of the Omicron variant of coronavirus. The protocols outlined in the playbook can enable governments to quickly scale the health care support and resources required to address surges in [...]
THE RISE OF HEART FAILURE – AN URGENT NEED TO SPREAD AWARENESS
When doctors diagnose patient with heart failure, they often feel devastated and consider it as the end of the world. However, it is a silent disease. Unlike heart attack, it isn’t sudden. Heart failure is a complex clinical syndrome which involves gradual weakening of the heart muscle, which results in reduced pumping of the blood. [...]
BGE-COMMODITIES
Bengaluru, Jan 6 (PTI) Following are Thursday's commodities prices (All rates in Rs/quintal): Rice Fine 4400-5000: Medium 4500-4800: Jowar 2200-2800: Jaggery cube 4200-4600: Jaggery ball 4600-4700: Coriander Seed 9500-14500: Chilies fine 40000-44000: Potato Big 3000-3500: Medium 2000-2500: Onion Big 2500-3000: Medium 1500-2500: Small 1000-1500: Tamarind 9000-11000: Garlic 5000-6000: Horsegram 4500-4800: Wheat 2500-3500 Turmeric 9500-15000: Turdhal [...]
Reliance raises $4 bn in India’s largest-ever foreign currency bonds issue
New Delhi, Jan 6 (PTI) Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised USD 4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity.The oil-to-telecom conglomerate plans to use the proceeds of the three tranche issues to retire existing [...]
Third wave of COVID-19 to pose risk to asset quality of banks: Report
The threat of the third wave of COVID-19 poses high risks to banks assets, especially the restructured loan book.Lenders are likely to see challenges on profitability and solvency fronts due to the disruption caused by the Omicron variant of coronavirus.The third wave could revive the demand for the restructuring of loans, including those that were [...]
Trine Towers: A Housing Inventory in Ghaziabad’s Indirapuram That No One Saw Coming
Indirapuram, Ghaziabad: In the last few months, a ‘red wave’ has apparently taken over Ghaziabad’s most sought-after residential locality – Indirapuram, with red hoardings and news adverts turning heads by offering a home in the region for a relatively low price.For home buyers who have long hoped for a home in the area but have [...]
US-based Satellite Coworks Debuts in Bhutani Group’s Alphathum Project in Noida
Uniquely designed with taste and unmatched finesse, BhutaniAlphathum located at Sector-90, Noida, offers a great experience for work and lifestyle to its occupants New Delhi, Delhi, India (NewsVoir) US-based co-working spaces brand Satellite Coworks is all set to enter the Delhi-NCR market in India by opening its first office at realty major Bhutani Group’s iconic [...]
Anicut Capital Appoints Adithya Bharadwaj as Vice President-Investments
Adithya will drive early and growth-stage investments and lead upcoming strategic initiatives for the investment firm Chennai, Tamil Nadu, India (NewsVoir) Anicut Capital, India’s foremost investment firm has announced the appointment of Adithya Bharadwaj as Vice President to lead its early and growth-stage investments function. Adithya will head the expansion of Anicut Capital’s investment into [...]
BMW Motorrad India Records Stellar Performance in 2021 with Highest Ever Annual Sales
5,191 motorcycles delivered. Astounding growth of 102%. Gurugram, Haryana, India – Business Wire India BMW Motorrad India has once again set a new benchmark in performance by achieving the highest ever annual sales by a premium motorcycle brand in India. In 2021, BMW Motorrad India sold 5,191 motorcycles, posting a remarkable growth of 102.5% as [...]
Nickel futures down on subdued demand
New Delhi, Jan 6 (PTI) Nickel futures on Thursday declined Rs 20 to Rs 1,546.30 per kg due to reducing of positions by investors amid sluggish demand in the spot market. On the Multi Commodity Exchange, nickel contracts for the January delivery fell Rs 20, or 1.28 per cent, to Rs 1,546.30 per kg with [...]
Copper futures decline on tepid spot demand
New Delhi, Jan 6 (PTI) Copper prices on Thursday fell 1.22 per cent to Rs 734.20 per kg in the futures trade, as participants trimmed their bets amid a weak trend in the domestic market. On the Multi Commodity Exchange, copper for delivery in January was trading lower by Rs 9.10, or 1.22 per cent, [...]
Zinc futures slip on muted demand
New Delhi, Jan 6 (PTI) Zinc prices on Thursday fell 0.57 per cent to Rs 288.20 per kg in the futures trade, as speculators reduced their exposure on negative cues from the spot market.On the Multi Commodity Exchange, zinc contracts for the January delivery traded lower by Rs 1.65, or 0.57 per cent, to Rs [...]
Crude oil futures dip on weak spot demand
New Delhi, Jan 6 (PTI) Crude oil prices on Thursday fell Rs 34 to Rs 5,794 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for the January delivery dropped by Rs 34, or 0.58 per cent, to Rs 5,794 per barrel with a business volume of 9,951 lots. Analysts [...]
Silver futures drop on subdued demand
New Delhi, Jan 6 (PTI) Silver futures on Thursday eased Rs 1,714 to Rs 60,524 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for the March delivery declined Rs 1,714, or 2.75 per cent, to Rs 60,524 per kg in a business turnover of 15,835 lots. [...]
Gold futures fall on low demand
New Delhi, Jan 6 (PTI) Gold prices on Thursday fell Rs 435 to Rs 47,586 per 10 grams in the futures trade as speculators reduced their positions amid low demand. On the Multi Commodity Exchange, gold contracts for February traded were lower by Rs 435, or 0.91 per cent, to Rs 47,586 per 10 grams [...]
Wockhardt board approves plan to raise Rs 1,000 crore via rights issue
New Delhi, Jan 6 (PTI) Pharmaceuticals firm Wockhardt Ltd on Thursday said its board has approved a proposal to raise up to Rs 1,000 crore through a rights issue.The objective of the issue is to meet the company's financing needs for repayment of subordinated debt due, financing research and development initiatives and general corporate purposes, [...]
Alembic Pharma gets final nod from USFDA for generic drug to treat Parkinson’s disease
New Delhi, Jan 6 (PTI) Alembic Pharmaceuticals on Thursday said it has received final approval from the US health regulator for its generic Entacapone tablets indicated for patients with Parkinson's disease. The approval by the US Food & Drug Administration (USFDA) for the abbreviated new drug application (ANDA) for Entacapone tablets is for strength of [...]
JANUARY 6, 2022 Mumbai :- PEPPER COPRA RATES :- BLACK
PEPPER READY 540 / 590 GINGER BLEACHED - GINGER UNBLEACHED 165 COPRA OFFICE ALAPUZHA 10200 COPRA OFFICE KOZIZODE 10000 COPRA RAJAPUR MUMBAI 21000 COPRA EDIBLE MUMBAI 13500 COCHIN COCONUT OIL -------- COCONUT OIL MUMBAI 1900 T.P ---------------------------- PTI MUM SSB SSB SSB
SJVN power stations clocks highest ever 1,480 MU of electricity generation in Oct-Dec
New Delhi, Jan 6 (PTI) State-run SJVN's power stations have clocked the highest ever 1,480 MU (million units) of electricity generation in the October-December quarter of 2021-22. SJVN has surpassed the previous record of 1,343 MU in the corresponding period of FY 2019-20, from all its power stations, Nand Lal Sharma, Chairman and Managing Director, [...]
DIRECT EXCHANGE RATES-SBI
MUMBAI, JAN 6,2022 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 73.73 75.23 73.67 75.39 EUR/INR 82.87 85.70 82.81 85.87 GBP/INR 99.20 102.40 99.12 102.61 JPY/INR 63.22 65.37 63.17 65.50 [...]
Demand in hotel industry to be curtailed in Q4 this fiscal due to fresh COVID wave: Report
New Delhi, Jan 6 (PTI) The demand in the hotel industry will be curtailed in the fourth quarter this fiscal, at least in January 2022, as the fresh COVID-19 wave with the Omicron variant dampening sentiments, rating agency Icra said on Thursday.With a sharp rise in infections in the last one week and several states [...]
BMW Motorrad India Records Stellar Performance in 2021 with Highest Ever Annual Sales
Mumbai, Jan 6 (PTI) BMW Motorrad, the two-wheeler arm of German premium carmaker BMW, more than doubled its sales in India at 5,191 units in 2021 over the previous year with models such G 310 R and G 310 GS driving volume during the year, the company said on Thursday. BMW Motorrad India had sold [...]
IndiGo to start flights on Delhi-Port Blair route from Jan 9
New Delhi, Jan 6 (PTI) IndiGo said on Thursday it will start flights on Delhi-Port Blair route from January 9. The Delhi-Port Blair flight will operate four times a week, an official communiqué from the airline stated. Sanjay Kumar, Chief Strategy and Revenue Officer, IndiGo said, “We are pleased to strengthen our domestic presence and [...]
Date : Jan 06, 2022
Money Market Operations as on January 05, 2022 (Amount in ? crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,11,923.78 3.18 0.01-5.15 I. Call Money 6,942.99 3.21 2.00-3.45 II. Triparty Repo 3,95,286.00 3.17 3.01-3.45 III. Market Repo 1,09,674.79 3.23 0.01-3.58 IV. Repo in Corporate Bond [...]
Soybean futures slip on muted demand
New Delhi, Jan 6 (PTI) Soybean prices on Thursday fell by Rs 6 to Rs 6,321 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for January delivery fell Rs 6, or 0.09 per cent, to Rs 6,321 per quintal [...]
Refined soya oil fall on low demand
New Delhi, Jan 6 (PTI) Refined soya oil prices on Thursday fell Rs 1.7 to Rs 1,186 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 January declined by Rs 1.7, or 0.14 per cent, to [...]
Guar seed futures decline on low demand
New Delhi, Jan 6 (PTI) Guar seed prices on Thursday went down by Rs 73 to Rs 6,095 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery was trading lower by Rs 73, or 1.18 per cent, at Rs 6,095 per 10 quintal with an open [...]
COVID-19 surge: Vibrant Gujarat Summit postponed
Ahmedabad, Jan 6 (PTI) The Gujarat government on Thursday decided to postpone the 10th edition of the Vibrant Gujarat Summit, that was to be inaugurated by Prime Minister Narendra Modi on January 10, in the wake of a spike in COVID-19 cases, according to the Chief Minister's Office. The three-day summit was to be held [...]
Guar gum futures fall on low demand
New Delhi, Jan 6 (PTI) Guar gum prices on Thursday fell Rs 179 to Rs 10,845 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 January delivery fell by Rs 179 or 1.62 per cent, to [...]
Coriander futures rise on spot demand
New Delhi, Jan 6 (PTI) Coriander prices on Thursday rose Rs 88 to Rs 9,358 per quintal in futures trade as speculators widened their holdings tracking firm trend in spot market.On the National Commodity and Derivatives Exchange, coriander for January delivery gained Rs 88, or 0.95 per cent, to Rs 9,358 per quintal with an [...]
PRICES MUM GENERAL
MUMBAI, JAN 06 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 60846.00 STANDARD GOLD (99.5) : 47655.00 PURE GOLD (99.9) : 47847.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : Rs.61,850.00 Per Kg.SILVER RDY.(PORTION) : Rs.61,950.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.48,700.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,200.00 Per 10 Gms.HALLMARKED GOLD(22-CT) RDY. : [...]
Cottonseed oil futures fall on soft demand
New Delhi, Jan 6 (PTI) Cottonseed oil cake prices on Thursday declined by Rs 51 to Rs 3,235 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.On the [...]
Reliance raises $4 bn in India’s largest-ever foreign currency bonds issue
RIL raises USD 4 billion debt in foreign currency denominated bonds and plans to use the proceeds to retire existing borrowings.The notes are due for repayment between 2032 and 2062 and are rated BBB+ by S&P and Baa2 by Moody’s.In November 2021, it received around Rs 26,600 crore in proceeds from the final call on [...]
Ujjivan Small Finance Bank’s Company Secretary & Compliance Officer resigns
New Delhi, Jan 6 (PTI) Ujjivan Small Finance Bank on Thursday said Chanchal Kumar has resigned from the position of Company Secretary and Compliance Officer of the bank. In a regulatory filing, Ujjivan Small Finance Bank said Kumar resigned on January 5, 2022. "His resignation would be effective from April 04, 2022 (close of business [...]
Merck Foundation Announced Winners of Best African Women Researchers and Young African Researchers Awards of Merck Foundation Africa Research Summit- (MARS Awards) 2021
Mumbai, Maharashtra, India & Kampala, Uganda– Business Wire India • CEO of Merck Foundation, Senator, Dr. Rasha Kelej and scientific committee felicitated 13 winners of best African Women Researchers and best Young African Researchers of MARS Awards 2021 ceremony via videoconference for their valuable research work and contribution to empowering women and youth in STEM. [...]
Hero Future Energies ties up with Ohmium to set up 1GW green hydrogen facilities
New Delhi, Jan 6 (PTI) Hero Future Energies and Ohmium International on Thursday announced a strategic partnership to set up 1,000 MW of green hydrogen production facilities in India, the UK and Europe.Hero Future Energies (HFE), a leading developer of solar, wind and hybrid/BESS projects, and Ohmium International -- specialised in the design, manufacture and [...]
KOLKATA BULLION OPENING
Kolkata, Jan.06(PTI): SILVER RDY.(BAR) : Rs.61,850.00 Per Kg.SILVER RDY.(PORTION) : Rs.61,950.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.48,700.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,200.00 Per 10 Gms.HALLMARKED GOLD(22-CT) RDY. : Rs.46,900.00 Per 10 Gms. ---- PTI SAM
CSS Corp Appoints Industry Veteran Ashok Philipose as Chief Delivery Officer
Bangalore, Karnataka, India – Business Wire India CSS Corp, a global customer experience and technology services provider, today announced the appointment of Ashok Philipose as Executive Vice President and Chief Delivery Officer. Ashok will lead CSS Corp’s global delivery and operations, and also serve as an integral part of CSS Corp’s executive leadership team, influencing [...]
Logistics platform Yojee teams up with Here Tech to create operations intelligence solution
Mumbai, Jan 6 (PTI) Cloud-based logistics platform Yojee has teamed up with Here Technologies to create a unique operations intelligence solution to transform warehouse management for global companies, a release said on Thursday.Yojee facilitates the flow of freight movements into a single ecosystem.Combining the expertise of Yojee's logistics software with Here's location intelligence, the joint [...]
Shop for Hindware Geysers on EMIs as low as Rs. 892 on the Bajaj Finserv EMI Store
Pune, Maharashtra, India (NewsVoir) India’s premier shopping destination, the Bajaj Finserv EMI Store, has announced exciting deals and offers on Hindware geysers. With winter about to set in, geysers are some of the most in-demand household appliances. Customers can find geysers on EMIs as low as Rs. 892 on the EMI Store. Hindware has been [...]
PragatiE Vichaar Literature Festival 2022 goes live today!
NEW DELHI, Jan. 6, 2022 /PRNewswire/ -- In a country where risk averse publishers choose to promote only the famous authors, where the debut authors first have to pay to get their book published and then struggle further to promote it, PVLF will be a welcome event for all new and not as famous authors. [...]
UST Launches UST AiSense – an AI-led Sensory Solution that Makes Hyper-personalized Shopping Recommendations for Wine, Beer and Food
BANGALORE, India, Jan. 6, 2022 /PRNewswire/ -- UST, a leading digital transformation solutions company, has officially launched UST AiSense, a cutting-edge AI-led solution powered by Tastry, that provides personalized food and beverage recommendations using sensory science. The deployable digital technology is a palate-based recommender that helps consumers select the products they will enjoy. "UST AiSense [...]
Hero Future Energies and Ohmium International announce Strategic Partnership for 1000 MW of Green Hydrogen
NEW DELHI, Jan. 6, 2022 /PRNewswire/ -- Hero Future Energies (HFE), a leading developer of Solar, Wind and Hybrid/BESS projects, and Ohmium International, a company specialized in the design, manufacture, and deployment of PEM Electrolysers, have announced a strategic partnership to develop and build 1000 MW of Green Hydrogen production facilities in India, the UK [...]
Omega Seiki Mobility inks pact with Jae Sung Tech to manufacture electric powertrains
Mumbai, Jan 6 (PTI) Electric vehicle maker Omega Seiki Mobility (OSM) on Thursday announced a strategic collaboration with Korean EV powertrain maker Jae Sung Tech to manufacture electric powertrains in India.As a part of the partnership, the two companies will be forming a joint venture - OSM Jae Sung Tech Pvt Ltd - with Jae [...]
Omega Seiki Mobility inks pact with Jae Sung Tech to manufacture electric powertrains
Mumbai, Jan 6 (PTI) Electric vehicle maker Omega Seiki Mobility (OSM) on Thursday announced a strategic collaboration with Korean EV powertrain maker Jae Sung Tech to manufacture electric powertrains in India.As a part of the partnership, the two companies will be forming a joint venture - OSM Jae Sung Tech Pvt Ltd - with Jae [...]
Future Group stocks bounce back; rally as much as 14%
New Delhi, Jan 6 (PTI) Shares of Future Group of companies on Thursday bounced back, rallying as much as 14 per cent, a day after the Delhi High Court stayed the Amazon-Future arbitration. The Delhi High Court on Wednesday stayed the Amazon-Future arbitration which is going on before a three-member arbitral tribunal over the latter's [...]
How publishers beat Covid blues in 2021!
New Delhi, Jan 6 (PTI) The COVID-19 pandemic reset all equations everywhere, including in publishing, but publishers say they learned to put their heads down in 2021 and focus on the details following the traumatic experience the previous year and were able to bring out a super line-up of books.Chiki Sarkar, publisher of Juggernaut, found [...]
Power CPSEs Capex rises 47% to Rs 40k cr in Apr-Dec
New Delhi, Jan 6 (PTI) The power ministry on Thursday said the state-owned firms (CPSEs) under it have incurred capital expenditure of Rs 40,395.34 crore during April-December 2021, which is 47 per cent higher year-on-year."CPSEs under Ministry of Power have incurred capital expenditure (Capex) of Rs 40,395.34 crore till the month of December during FY [...]
Rupee falls 6 paise to 74.44 against US dollar in early trade
Mumbai, Jan 6 (PTI) The rupee declined by 6 paise to 74.44 against the US dollar in opening trade on Thursday, tracking the strength of the American currency in the overseas market after hawkish US Fed minutes.Investors saw minutes from the Federal Reserve meeting as a sign that the US central bank might hike interest [...]
ABB Launches Flameproof Low Voltage Motors for Explosive Atmospheres
Bengaluru, Karnataka, India – Business Wire India • ABB’s new range of low voltage flameproof motors are designed for safe use in applications in potentially explosive atmospheres • The made-in-India motors are available in IE2 and IE3 efficiency classes and offered in small to mid (80- 250) frame size with output ranging from 0.18 – [...]
WNS to Release Fiscal 2022 Third Quarter Financial and Operating Results on January 20, 2022
Mumbai, Maharashtra, India&New York, United States – Business Wire India WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced it will release its fiscal 2022 third quarter financial and operating results at approximately 6:00 a.m. Eastern on Thursday, January 20, 2022. Following the release, WNS management will [...]
Colgate initiates talks with FMCG distributors boycotting its products in Maha, other states
New Delhi, (PTI) Leading oral care company Colgate-Palmolive on Wednesday said it has initiated talks with distributors who are boycotting some of its products in Maharashtra and a few other states over issues of price disparity between the traditional distributors and organised business-to-business channel. A day after taking a tough stand against them, Colgate-Palmolive (India) [...]
Aurobindo Pharma launches COVID-19 drug Molnupiravir in India
Hyderabad, Jan. 6 (PTI): Aurobindo Pharma Limited has launched COVID-19 treatment drug Molnupiravir under brand name "Molnaflu" in India. Molnupiravir is for treatment of adult patients hospitalised with COVID-19, under certain conditions, a press release from the city-based drug maker said. Molnupiravir was earlier approved under Emergency Use Authorisation from the Central Drugs Standard Control [...]
Sensex slumps over 450 pts in early trade; Nifty slips below 17,800
Mumbai, Jan 6 (PTI) Equity benchmark Sensex tanked over 450 points in opening trade on Thursday, tracking losses in index-heavyweights HDFC twins, Infosys and TCS amid a negative trend in global markets. The BSE index was trading 489.89 points or 0.81 per cent lower at 59,733.26 in early trade. Likewise, the Nifty slipped 142.95 points [...]
Business schedule for Thursday, Jan 6
DELHI: * COAI-GSMA virtual event on 5G rollout (1600 hrs) * ICEA report launch on 'A Comparative Study of Import Tariffs in Electronics India' (1230 hrs) MUMBAI: * No major events listed. PTI DRR
Odisha govt, Gail sign MoU for clean energy projects
Bhubaneswar, (PTI) The Odisha government and natural gas firm Gail signed a memorandum of understanding (MoU) on Wednesday for cooperation in the production of eco-friendly fuels in the state. The agreement was signed by the public sector unit and the Industrial Promotion and Investment Corporation of Odisha (Ipicol) in Bhubaneswar, according to a release. The [...]
STL commits to net-zero emissions by 2030, strengthens sustainability focus
MUMBAI, India, Jan. 5, 2022 /PRNewswire/ -- STL (NSE: STLTECH), an industry-leading integrator of digital networks, today announced its commitment to become a carbon-neutral company by 2030. As STL drives digital networks of the future, it is accelerating its efforts towards net-zero manufacturing and sustainable network build strategies. Recently, at the COP26 Summit, nations discussed [...]
Electric vehicles sales in India to touch 10 lakh units this year: SMEV
Total electric vehicles sales in India are expected to be around 10 lakh units this year which will be equal to the collective sales of the last 15 years.The traction can be attributed to the sales of electric two-wheelers which jumped over two-fold to a total of 2,33,971 units compared to 1,00,736 units in 2020.The [...]
SIAC terminates Jan 5-8 arbitration proceedings in Amazon-Future dispute, says Future Retail
New Delhi, Jan 5 (PTI) The Singapore International Arbitration Center (SIAC) has terminated the arbitration proceedings in the Amazon-Future dispute scheduled between January 5 and 8 after a stay order was passed by the Delhi High Court on Wednesday.A Delhi High Court division bench of Chief Justice D N Patel and Justice Jyoti Singh stayed [...]
Boris Johnson dismisses visa link with Indian free trade deal
London, Jan 5 (PTI) British Prime Minister Boris Johnson on Wednesday sought to dismiss the notion that visa norms are set to be relaxed for Indians in pursuit of a free trade agreement (FTA) with India.During the weekly Prime Minister’s Questions (PMQs) session in the House of Commons, Johnson was asked by one of his [...]
RBL Bank’s gross advances rise 5 pc to Rs 59,941 cr by Dec-end
New Delhi, Jan 5 (PTI) RBL Bank on Wednesday said its gross advances grew five per cent year-on-year to Rs 59,941 crore as of December 31, 2021. The bank said it is a provisional figure for Q3FY22. The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year [...]
Zupee announces strategic partnership with Jio
New Delhi, Jan 5 (PTI) Gaming start-up Zupee on Wednesday announced a strategic partnership with Jio Platforms Ltd. Jio users, it said, will be provided access to Zupee's repertoire of online skill-based games as well as other products that Zupee develops. "Zupee, India's largest skill-based casual gaming company, has announced...strategic partnership with Jio Platforms Limited," [...]
Amazon Seller Services’ losses narrow to Rs 4,748.1 cr in 2020-21
New Delhi, Jan 5 (PTI) Amazon Seller Services, the India online marketplace unit of e-commerce giant Amazon, saw its losses narrowing to Rs 4,748.1 crore for the financial year 2020-21 from the previous year, while its revenue from operations rose 49.3 per cent to Rs 16,200.3 crore, as per regulatory documents. Amazon Seller Services had [...]
Number of demat accounts have more than doubled since March 2019: Tyagi
Mumbai, Jan 5 (PTI) What the markets and market-makers have achieved in the past two years is more than what they could do during the past two decades, as the number demat accounts have more than doubled to 7.7 crore as of November 2021 from 3.6 crore in March 2019, Sebi Chairman Ajay Tyagi said [...]
APEDA working in collaboration with state govts, farmers to boost honey exports
New Delhi, Jan 5 (PTI) The commerce ministry on Wednesday said its arm APEDA is working with the state governments, farmers and other stakeholders to boost exports of honey in countries such as the United Kingdom, European Union and Southeast Asia. India is also renegotiating the duty structure imposed by various countries for boosting honey [...]
Spandana Sphoorty announces result with delay; posts Rs 58-cr net loss for Q2FY22
New Delhi, Jan 5 (PTI) Microfinance company Spandana Sphoorty Financial Ltd (SSFL) on Wednesday announced its financial results with a delay and posted a consolidated loss of Rs 57.94 crore for the second quarter ended September 2021. The company had posted a net profit of Rs 66.76 crore for the corresponding quarter of the previous [...]
RBI releases eligibility criteria for ‘specified users’ of CICs
Mumbai, Jan 5 (PTI) The Reserve Bank on Wednesday released the eligibility criteria for entities to be categorised as 'Specified User' of Credit Information Companies (CICs). The criteria sets out the requirements for the entities to become eligible as Specified User of CIC under the Credit Information Companies (Amendment) Regulations, 2021, RBI said in a [...]
MF disclaimers should flow at same speed as rest of ad: Goyal
Mumbai, Jan 5 (PTI) Peeved at mutual funds rushing through disclaimers in television commercials, Union Minister Piyush Goyal on Wednesday said the critical information should flow at the same speed as the rest of the advertisement. The commerce minister, who also holds the consumer affairs portfolio, added that he is willing to change the regulations [...]
TEC releases ‘Code of Practice’ for securing consumer internet of things
New Delhi, Jan 5 (PTI) The Telecommunication Engineering Centre (TEC) under the communications ministry has released a report 'Code of Practice for Securing Consumer Internet of Things (IoT)', and these guidelines will help in safeguarding such devices and ecosystem as well as in managing vulnerabilities. The report is intended for use by IoT device manufacturers, [...]
MF disclaimers should flow at same speed as rest of ad: Goyal
Mumbai, Jan 5 (PTI) Peeved at mutual funds rushing through disclaimers in television commercials, Union Minister Piyush Goyal on Wednesday said the critical information should flow at the same speed as the rest of the advertisement. The commerce minister, who also holds the consumer affairs portfolio, added that he is willing to change the regulations [...]
Bank unions request restricting banking hours till 2 pm in Maharashtra
Mumbai, Jan 5 (PTI) With the surge in COVID-19 cases, bank unions on Wednesday demanded a five-day week for banking operations and capping the attendance of the workforce to 50 per cent in Maharashtra till the situation improves. In a letter to the State Level Bankers Committee (SLBC), the United Forum of Bank Unions (Maharashtra [...]
Business briefs
*HFCL powers network offerings with AI; teams up with Aprecomm New Delhi, Jan 5 (PTI) Telecom equipment manufacturer and technology provider HFCL Ltd has announced powering of its network offerings with Artificial Intelligence (AI) based analytics, and has partnered with Aprecomm.Having implemented and tested the AI-based solution in its `PM-WANI' deployments, the company now plans [...]
ICSI national convention in Bengaluru from tomorrow
Bengaluru, Jan 5 (PTI) The Institute of Company Secretaries of India (ICSI) will organise a three-day national convention starting from Thursday in Bengaluru, its president C S Nagendra D Rao said. With the theme of “Good Governance: The Universal Dharma”, the apex body of company secretaries would deliberate on various issues related to good governance [...]
Business briefs
*Union Bank moves to alternate reference rate replacing Libor Mumbai, Jan 5 (PTI) Public sector lender Union Bank of India on Wednesday said it has started lending in alternate reference rate (ARR), replacing the London Inter-Bank Offered Rate (Libor) in line with regulatory requirement.Union Bank is among the first few banks to adopt the ARR [...]
CCI slaps Rs 20 lakh fine on Investcorp India Asset Managers
New Delhi, Jan 5 (PTI) The Competition Commission of India (CCI) has slapped a fine of Rs 20 lakh on Investcorp India Asset Managers Pvt Ltd for failing to notify the regulator about its acquisition of real estate fund management and private equity fund management businesses of IDFC Alternatives Ltd. The transaction was on a [...]
NCLAT junks Anil Agarwal-led firm’s takeover of Videocon, calls for fresh bids
New Delhi, Jan 5 (PTI) A bankruptcy appeals court on Wednesday scrapped billionaire Anil Agarwal-led Twin Star Technologies' winning bid to take over Videocon Industries Ltd on a plea by some creditors that the money offered imposed a steep Rs 62,000 crore haircut upon banks. The National Company Law Appellate Tribunal (NCLAT) asked creditors to [...]
Senior Chinese diplomat Zhang Ming takes charge of Secretary-General of SCO
Beijing, Jan 5 (PTI) China's senior diplomat Zhang Ming has taken charge as the new Secretary-General of the Shanghai Cooperation Organisation (SCO) in which India is a member.Zhang has taken charge from Vladimir Norov, former Foreign Minister of Uzbekistan from January 1 for a three-year term.He was until recently China’s ambassador to the European Union.The [...]
Centre issues guidelines to recast loans taken by sugar mills from SDF, provides 2-yr moratorium
New Delhi, Jan 5 (PTI) The Centre has issued guidelines for restructuring of loans taken by mills from the Sugar Development Fund (SDF), providing a moratorium for two years and then repayment in five years to eligible defaulting factories. The total outstanding default from the SDF is nearly Rs 3,100 crore, including principal and interest, [...]
Economists see Omicron forcing RBI to delay policy normalisation
Mumbai, Jan 5 (PTI) As COVID-19 infections spike in the country resulting in restrictions in various states and impacting the fragile recovery, many economists are expecting RBI to delay the policy normalisation move, which is expected in the February review. The country has reported a single-day rise of 58,097 new COVID-19 cases as of Wednesday [...]
Telegram channel targeting Hindu women blocked; IT minister assures action
New Delhi, Jan 5 (PTI) A Telegram channel that allegedly targeted Hindu women has been blocked, and IT Minister Ashwini Vaishnaw on Wednesday said the government is coordinating with police authorities of states for further action in the matter. The particular channel on messaging platform Telegram was flagged on social media by users who pointed [...]
Food processing minister launches 6 brands under One District-One Product
New Delhi, Jan 5 (PTI) Union Minister for Food Processing Industries Pashupati Kumar Paras on Wednesday launched six brands, including Kashmiri chilli, developed as part of the 'One District-One Product' (ODOP) approach under a central scheme PMFMES. These six brands are out of 10 that the ministry has signed up with cooperative NAFED for branding [...]
Hiring to heat up in Jan-Mar quarter if no curbs imposed: Report
New Delhi, Jan 5 (PTI) Corporate India's hiring intent is likely to witness a significant uptick in the January-March period, provided harsh restrictions are not imposed on the business operations, according to a report.According to the TeamLease Employment Outlook Report, the intent to hire can rise up to 9 percentage points in the current quarter [...]
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.
