#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
Semiconductor stock jumps 9% after company to invest ₹ 3,307 Cr to set up semiconductor factory
Semiconductor stock which is a leading end-to-end and IoT solutions-enabled integrated electronics manufacturer jumped 9 percent in the day’s trade upon receiving government approval to set up a semiconductor factory with an investment of Rs. 3,307 Crores. Price Action With a market capitalization of Rs. 30,998 Crores, the shares of Kaynes Technology India Limited were [...]
Solar energy stock in focus after it sets record date for 1:4 bonus share
The shares of this small-cap company fell around 4 percent in Tuesday’s trading session despite announcing a record date for bonus shares of 1:4. On a YTD basis, the shares have delivered more than 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 1,366 crores, the shares of Solex Energy [...]
Stock jumps 13% after company’s board to consider share buyback
In Tuesday’s session, the share price of a leading online matrimony company moved up by 13.8 percent to hit a new 52-week high at Rs. 848 on BSE, after the company’s Board scheduled a meeting to consider the proposal for share buyback. With a market cap of Rs. 1,812.2 crores, at 10:47 a.m., the shares [...]
Auto ancillary stock jumps after company to set up an EV plant worth ₹ 57.5 Cr in Jamshedpur
The shares of the automobile component manufacturer gained up to 1.18 percent after the company received approval for setting up an Aluminium Forging Facility at Jamshedpur worth Rs 57.5 crore. With a market capitalization of Rs 17,309.32 crore, the shares of Ramkrishna Forgings Ltd were trading at Rs 957.50 per share, increasing around 0.98 percent [...]
Defence stock jumps 5% after receiving order worth ₹ 26,000 Cr for Indian Air Force
Shares of this aerospace stock engaged in the manufacturing and maintenance of aircraft and helicopters surged more than 5 percent after receiving an order worth Rs.26,000 crore for the procurement of aerospace engines. Price Variation In Tuesday’s trading session, Hindustan Aeronautics Limited’s share price soared 5.09 percent to an intra-day high of Rs.4,925 per share, [...]
Navratna stocks with high piotroski score of up to 9 to add to keep on your radar
Navratna stocks in India represent a prestigious category of public sector enterprises (PSEs) that have been granted enhanced financial autonomy by the Government of India. The benefits of having a Navratna Status for Public Sector Undertakings are that they can invest up to Rs. 1,000 crores or 15 percent of their net worth in a [...]
Financially strong stocks to buy now for an upside of 15%; Are you holding any?
Stock recommendations are advice from financial experts telling investors whether they should buy, sell, or keep certain stocks based on their analysis of the market. A buy call recommendation tells investors to purchase a stock because it's expected to rise in value based on favorable analysis. Here are two financially strong stocks recommended by analysts [...]
Auto stocks that reported sales growth of up to 18% in August 2024 to look out for
Automotive companies provide monthly sales updates to Investors and the public to help them monitor the market performance, understand consumer behavior, and ensure transparency, and know about strategic decisions being taken within the automotive Industry. Listed below are monthly sales updates of the Automotive companies for August 2024 Atul Auto Atul Auto is engaged in [...]
Realty stock jumps after securing orders worth ₹ 515 Cr from Govt. of Haryana
Shares of this infrastructure company rose 1 percent after winning an e-auction by Haryana Shehri Vikas Pradhikaran (HSVP) to develop Gurugram housing plots, with a bid value of Rs.515 crore. Share Price Movement In Monday's trading session, the share price of Godrej Properties Limited surged 1.07 percent to an intra-day high of Rs.2,940 per share, [...]
FMCG stock jumps 4% after company to invest $1 Bil for acquisition of 3 companies
FMCG Stock engaged in offering commodities and essentials including edible oil, wheat flour, rice, pulses, sugar, and many others jumped 4 percent in the day’s trade after the company is likely in talks to invest upto $1 Billion to expand its portfolio. Price Action With a market capitalization of Rs. 48,672 Crores, the shares 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
MFIs seek extension of credit guarantee scheme till FY2023
Mumbai, Jan 5 (PTI) Microfinance institutions (MFIs) have written to Finance Minister Nirmala Sitharaman seeking extension of the credit guarantee scheme for micro lenders till FY 2022-23 with an amount of Rs 15,000 crore. Of the amount, at least 75 per cent should be earmarked for small and medium-sized MFIs, Sa- Dhan, a self-regulatory organisation [...]
CMS Info Systems appoints two women independent directors on its board
New Delhi, Jan 5 (PTI) Cash management company CMS Info Systems has inducted two new independent women directors on its board as part of the corporate governance norm.With this, the number of the total women directors on its board has reached three members.The company has appointed two new women independent directors -- Manju Agarwal and [...]
Business highlights
New Delhi, Jan 5 (PTI) Following are the top business stories at 1925 hours: DEL90 BIZ-LD XIAOMI-EVASION India slaps Rs 653 cr import duty evasion notice on Xiaomi New Delhi: Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as per an official [...]
No painkillers or paracetamol recommended after Covaxin jab: Bharat Biotech
New Delhi, Jan 5 (PTI) Bharat Biotech on Wednesday said no painkillers or paracetamol are recommended after being vaccinated with its COVID-19 vaccine Covaxin. Stating that it has received feedback that certain immunisation centres are recommending taking three paracetamol 500mg tablets along with Covaxin for children, the company clarified that such a step was not [...]
Gadkari inaugurates, lays foundation stones of national highways worth Rs 26,778 crore in UP
New Delhi, Jan 5 (PTI) Union Minister Nitin Gadkari on Wednesday inaugurated and laid the foundation stones of 821-km national highway (NH) projects worth Rs 26,778 crore in Uttar Pradesh. Road Transport and Highways Minister Gadkari inaugurated and laid the foundation stones in Kanpur for eight national highway projects worth Rs 14,199 crore; in Lucknow [...]
NHPC, GEDCOL to form joint venture for setting up 500-MW floating solar power projects in Odisha
New Delhi, Jan 5 (PTI) State-owned hydropower giant NHPC on Wednesday said it has signed a pact with Green Energy Development Corporation of Odisha Ltd (GEDCOL) to form a joint venture (JV) for setting up a 500-megawatt (MW) floating solar power projects in Odisha. "Promoters agreement has been signed on January 4, 2022, between NHPC [...]
Sebi invites applications to engage young professionals for securities market ops
New Delhi, Jan 5 (PTI) Capital markets regulator Sebi plans to engage young professionals to assist it in different domains like securities market operations, law, information technology (IT) and research.In a public notice, the Securities and Exchange Board of India (Sebi) said it is looking to engage a total of 38 young professionals and invited [...]
Sebi initiates steps to raise awareness on online grievance redressal mechanisms
New Delhi, Jan 5 (PTI) Markets regulator Sebi on Wednesday encouraged investors to lodge their complaints through online mechanisms, more specifically through SCORES portal and mobile application, for effective redressal of grievances. SCORES stands for Sebi Complaints Redress System. Further, in order to increases awareness regarding online grievance redressal mechanisms, Sebi has asked stock exchanges [...]
Vedanta Aluminium signs pact with GEAR India for electric forklifts
New Delhi, Jan 5 (PTI) The aluminium business of Vedanta has entered into a pact with GEAR India to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts in the country. The company will commission 23 such forklifts in a phased manner over the next few months at its aluminium smelter in Jharsuguda, [...]
India’s coal production stands at 74.8 MT for Dec; 6.7 pc jump against 2 years ago
New Delhi, Jan 5 (PTI) The country's total coal production rose 6.74 per cent to 74.78 million tonnes (MT) in December as compared to the same period in 2019, the government on Wednesday said. Out of the total production during December last year, Coal India Ltd (CIL) achieved a growth of 3.79 per cent by [...]
India slaps Rs 653 cr import duty evasion notice on Xiaomi
New Delhi, Jan 5 (PTI) Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as per an official statement. A show-cause notice has been slapped on Xiaomi India following recovery of documents during searches on its premises that indicated remittance of royalty and [...]
Business briefs
90+ My Tuition App launches CBSE curriculum in all GCC countries Mumbai, Jan 5 (PTI) Bengaluru-based edtech start-up 90+ My Tuition App on Wednesday said it has started the CBSE curriculum in Indian schools across the GCC (Gulf Cooperation Council) countries. The company is now expanding overseas and the curriculum will be launched in all [...]
NCLAT junks Anil Agarwal-led firm’s takeover of Videocon, calls for fresh bids
New Delhi, Jan 5 (PTI) A bankruptcy appeals court has 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 initiate [...]
K’taka asks Centre to set up monitoring team to resolve problems of ethanol makers
New Delhi, Jan 5 (PTI) The Karnataka government on Wednesday demanded that the Centre set up a monitoring team to resolve the problems faced by ethanol manufacturers in implementing Ethanol Blended Petrol (EBP) programme. In a meeting with Union Food Minister Piyush Goyal here, Karnataka Minister for Sugar and Sugarcane Development Shankar B Patil Munenakoppa [...]
CMS Info Systems appoints two women independent directors on its board
New Delhi, Jan 5 (PTI) Cash management company CMS Info Systems has inducted two new independent women directors on its board as part of the corporate governance norm.With this, the number of the total women directors on its board has reached three members -- half of the board strength.The company has appointed two new women [...]
Vedanta arm Fujairah Gold FZC to make foray into clean energy
New Delhi, Jan 5 (PTI) Vedanta Resources key arm Fujairah Gold FZC on Wednesday said it is all set to make a foray into the clean energy space. The UAE-based company, led by Chairman and Managing Director Agnivesh Agarwal, is exploring opportunities in clean energy in line with parent Vedanta Group's mission to achieve net [...]
Investor wealth jumps over Rs 9.30 lakh cr in four days of market rally
New Delhi, Jan 5 (PTI) Investors have become richer by over Rs 9.30 lakh crore in four days of market rally, with equity benchmark Sensex recapturing Mount 60K on Wednesday. The 30-share BSE benchmark jumped 367.22 points or 0.61 per cent to settle at 60,223.15. In four days, the Sensex has gained 2,428.83 points. As [...]
Rupee jumps 20 paise to 74.38 against US dollar
Mumbai, Jan 5 (PTI) The rupee surged 20 paise to close at 74.38 against the US currency on Wednesday, propped up by foreign banks' dollar sales and fund inflows into domestic equities. At the interbank forex market, the local unit opened at 74.54 against the greenback and witnessed an intra-day high of 74.30 and a [...]
Kotak Life Insurance looking to raise term insurance premiums, says MD
Mumbai, Jan 5 (PTI) Private life insurer Kotak Life Insurance on Wednesday said it is looking at raising term insurance premium rates and will soon file a new product with insurance regulator IRDAI. The insurer's Managing Director Mahesh Balasubramanian said insurers and reinsurers have been affected globally due to the pandemic and this has caused [...]
Businesses strengthening support for enforced standards on environmental reporting: Survey
New Delhi, Jan 5 (PTI) A significant percentage of finance leaders in India witnessed a transition from traditional financial reporting to an enhanced corporate reporting model that encompasses financials and environmental, social, and governance (ESG) reporting, according to a survey.As per the 2021 EY Global Corporate Reporting Survey, businesses around the world are strengthening their [...]
Over 65 lakh subscribers added in APY so far this fiscal, 3.68 cr in 6 years
New Delhi, Jan 5 (PTI) Over 65 lakh subscribers have enrolled in the Atal Pension Yojana so far this fiscal, taking the total enrolment under the scheme to 3.68 crore in the past six-and-a-half years, the finance ministry said on Wednesday. APY, the flagship social security scheme of the Government of India, was launched on May 9, [...]
76% of Indians plan to switch from renting to owning assets as an investment and lifestyle choice: Post ‘Generation-Rent’ study by Godrej Housing Finance
MUMBAI, India, Jan. 5, 2022 /PRNewswire/ -- Key Findings • Three in every four Indians prefer ownership over renting (housing, consumer durables, furniture) • One in two Indians reveal that they have started looking for a new house for themselves; almost one in every third Indian believes buying a new house is the best investment [...]
Thermax shares trim most of early gains; settle 1.50 pc higher
New Delhi, Jan 5 (PTI) Shares of Thermax on Wednesday trimmed most of its early gains and settled 1.50 per cent higher.In early trade, it had jumped nearly 7 per cent after the company bagged an order of Rs 545.6 crore for two flue-gas desulphurisation (FGD) systems.The stock, which gained 6.55 per cent to Rs [...]
Geojit to offer loans against shares digitally; first to provide such facility
Mumbai, Jan 5 (PTI) Geojit Credits, the NBFC arm of leading brokerage firm Geojit Financial Services, on Wednesday launched a digital platform to offer loans against shares (LAS), thereby becoming the first company to offer LAS digitally to any demat account holder registered with the National Securities Depository Ltd (NSDL). Launching the service in Kochi, [...]
Icra says Omicron may eat up 40 bps of Q4 GDP growth
Mumbai, Jan 5 (PTI) The third wave of the pandemic, which has seen a massive spike in infections after the more infectious Omicron variant of the coronavirus appeared, is likely to shave 40 bps off the fourth quarter GDP growth that may print in at 4.5-5 per cent, warns Icra Ratings. Admitting that it is [...]
CELEBRATE THE WONDERS OF SCIENCE AND TECHNOLOGY AT THE THIRD EDITION OF INDIA SCIENCE FESTIVAL
New Delhi, 5th January 2022: India Science Festival (ISF) by the Foundation for Advancing Science and Technology - India (FAST-India), is back with the third edition of the festival! Themed around Continuum - ISF will run from the 8th to 23rd January 2022. The festival is online and open to all. India Science Festival (ISF [...]
Jindal Aluminium completes acquisition of Indo Alusys’ Bhiwadi Plant in Rajasthan for Rs 100 cr
Jindal Aluminium on Wednesday said it has completed the acquisition of the Bhiwadi Plant of Indo Alusys Industries (IAIL) in Rajasthan for Rs 100 crore and has commenced production. The acquisition of IAIL's assets for Rs 100 crore covers its manufacturing unit located in the industrial area of Bhiwadi, Jindal Aluminium said in a statement. [...]
Urvashi Rautela: The Global Citizen on FACE Magazine’s Cover
Mumbai, Maharashtra, India (NewsVoir) Talent along with the will to be extraordinary is a deadly combination and India is one country that has proved to have it, on more than one occasion. Time and again, Indians have proved to be global achievers. Ending 2021 on one such high was India’s presence at the Miss Universe [...]
Chargeup names Ankur Madan as COO, co-founder
New Delhi, Jan 5 (PTI) EV battery swapping firm Chargeup on Wednesday said it has appointed Ankur Madan as its chief operating officer (COO) and co-founder. Madan will head operations and technology and lead the company's product strategy. "Madan is vastly experienced in product strategy and development, and managing various commercial aspects in customer as well [...]
Essar Oil UK making timely tax payments, to clear all dues by March
New Delhi, Jan 5 (PTI) Essar Oil (UK) Ltd, owner of Britain's second-biggest oil refinery, on Wednesday said it is making timely payments of the deferred tax bill and will clear all outstanding by the due date of March 2022. The company had used the UK government's pandemic VAT deferral scheme in 2020, which allowed [...]
BULLION-MUM-CLOSE
MUMBAI, JAN 05 (PTI) CLOSING RATES SILVER SPOT (IN RS PER KILO) : 61896.00 STANDARD GOLD (99.5) : 47957.00 PURE GOLD (99.9) : 48150.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : Rs.61,850.00(61,750.00) Per Kg.SILVER RDY.(PORTION) : Rs.61,950.00(61,850.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.48,700.00(48,500.00) Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,200.00(46,000.00) Per 10 Gms.HALLMARKED GOLD(22-CARAT)RDY:Rs.46,900.00(46,700.00)Per10 Gms.------------------ PTI [...]
Vegetable prices
Bengaluru, Jan 5 (PTI) Following are vegetable rates quoted by 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 1000-1800, Green Chilli 300-7000, Banana green 500-19000, Beans 150-6000, Green Ginger 900-5000, Carrot 2500-10000, Cabbage 1383-5000, Ladies Finger 350-8000, Snake Gourd 1000-3500, Beetroot [...]
TPG invests USD 360 mn in Fractal for helping acquisitions
Mumbai, Jan 5 (PTI) Global private equity major TPG on Wednesday announced a fund infusion of USD 360 million (Rs 2,700 crore) into artificial intelligence-focused Fractal for an undisclosed minority stake. A part of the money is primary issuance by Fractal, while another is a secondary deal where TPG's peer Apax has part-sold its stake [...]
Sensex rallies for fourth day to reclaim 60,000-mark; bank, finance stocks spurt
Mumbai, Jan 5 (PTI) Equity benchmark Sensex stretched its winning run to the fourth straight session on Wednesday to reclaim the 60,000-level as robust gains in banking and financial stocks offset profit-booking in the IT pack. A rebounding rupee and continuous buying by foreign funds added to the momentum, traders said. Overcoming a wobbly start, [...]
Price of areca, coconut
Mangaluru, Jan 5 (PTI): Following are Areca and Coconut prices. Areca (per QTL): Old Supari : Rs 48000 to Rs 53000 model Rs 50000 New Supari : Rs 40000 to Rs 45000 model Rs 43000 Koka : Rs 35000 to Rs 39500 model Rs 37500 Coconut [per thousand]: 1st qlty : Rs 18000 to Rs [...]
Satpal Singh becomes new CEO of Numeric UPS
Chennai, Jan 5 (PTI) UPS manufacturer Numeric on Wednesday announced the appointment of Satpal Singh as its new chief executive officer with immediate effect. Prior taking up the new role, he served as Country Head-Supply Chain and Business Transformation at Group Legrand india, a company statement said. Numeric is a group brand of Legrand. Singh [...]
Qualified jewellers notified by IFSCA permitted to import specified forms of gold through IIBX
New Delhi, Jan 5 (PTI) Qualified jewellers notified by International Financial Services Centres Authority will be permitted to import specified forms of gold through India International Bullion Exchange (IIBX), the government said on Wednesday.Earlier, such imports were allowed to nominated agencies as notified by the RBI (in case of banks) and directorate general of foreign [...]
Price of commodities
Bengaluru, Jan 5 (PTI): Following are price of commodities. (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: Chillis Fine 40000-44000: Potato Big 3000-3500: Medium 2000-2500: Onion Big 2400-2800: Medium 1800-2400: Small 1000-1800: Tamarind 9000-11000: Garlic 5000-6000: Horsegram 4500-4800: Wheat 2500-3500: Turmeric 9500-15000: Turdhal [...]
COVID surge: DPIIT sets up control room to monitor delivery, logistics of essential commodities
New Delhi, Jan 5 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) has set up a control room to monitor issues related to transportation and delivery of goods and essential commodities due to curbs imposed by various states in view of the rising number of coronavirus infections. In April last year, the department [...]
Focussed road map, timely govt interventions necessary to achieve net zero target by 2070: ICRA
New Delhi, Jan 5 (PTI) A focussed road map, including timely interventions by the government, is necessary for the country to achieve the net zero target by 2070, rating agency ICRA said on Wednesday. At the COP26 summit in Glasgow last year, Prime Minister Narendra Modi had made significant announcements, including the pledge of India [...]
CIAL displays a robust growth in traffic in 2021
Kochi, Jan 5 (PTI) The Cochin International Airport (CIAL) has displayed a robust growth in both air traffic movements and passenger volume in year 2021 compared to 2020, the company said on Wednesday.As per the data released from the airport, CIAL handled 43,06,661 passengers during the year 2021 against 33,37,830 during 2020; an increase of [...]
Gold jumps Rs 154, silver rallies Rs 352
New Delhi, Jan 5 (PTI) Gold in the national capital on Wednesday jumped Rs 154 to Rs 46,969 per 10 grams amid a rally in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,815 per 10 grams. Silver also rallied Rs 352 to Rs 60,725 [...]
I-T refunds of Rs 1.50 lakh cr issued till Jan 3 this fiscal year
New Delhi, Jan 5 (PTI) The Income Tax Department on Wednesday said it has issued refunds of over Rs 1.50 lakh crore so far this fiscal year. This includes 1.1 crore refunds of Assessment Year 2021-22 amounting to Rs 21,323.55 crore. "CBDT issues refunds of over Rs 1,50,407 crore to more than 1.48 crore taxpayers [...]
COMMODITY PRICES
MUMBAI, JAN 5, 2022 (PTI) METAL PRICES:- COPPER COPPER CABLE SCRAP 731.00 COPPER HEAVY SCARP 720.00 COPPER ARMATURE (CREDIT) 701.00 COPPER UTENSIL SCRAP 635.00 C.C. ROD 774.00 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 [...]
Nickel futures down on subdued demand
New Delhi, Jan 5 (PTI) Nickel futures on Wednesday declined Rs 18.20 to Rs 1,568.20 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 18.20, or 1.15 per cent, to Rs 1,568.20 per kg with [...]
Sensex rallies 367 pts to reclaim 60k; Nifty above 17,900
Mumbai, Jan 5 (PTI) Rising for the fourth straight session, equity benchmark Sensex rallied 367 points to reclaim the 60,000-mark on Wednesday, driven by strong gains in banking and financial stocks amid a supportive trend in European equities. The 30-share index surged 367.22 points or 0.61 per cent to end at 60,223.15. Similarly, the broader [...]
Copper futures decline on tepid spot demand
New Delhi, Jan 5 (PTI) Copper prices on Wednesday fell 0.49 per cent to Rs 747.50 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 3.70, or 0.49 per cent, [...]
Zinc futures edge higher on robust demand
New Delhi, Jan 5 (PTI) Zinc prices on Wednesday rose 65 paise to Rs 292.35 per kg in the futures trade, tracking a firm trend in physical markets. On the Multi Commodity Exchange, zinc contracts for January traded higher by 65 paise, or 0.22 per cent, to Rs 292.35 per kg with a business turnover [...]
OILSEEDS PRICES
MUMBAI, JANUARY 5, 2022 (PTI) MUMBAI - DEOILED CAKES (per M.T.) G.N.Extr.45% 38000.00 Kardi Extr - Sesame Extr - Cottonseed Extr - Undec Cottonseed 37500.00 Rice Bran Extr. - Sunflower Extr. 31000.00 Rapeseed Extr. - Soyameal 48% 55826.00 Castor Extr. 9650.00 OIL SEEDS (per 100 Kgs) Gr. Kernel 6600.00 Gr. Bolds 60/70 8500.00 Gr. Javas [...]
Hong Kong bans flights from India, 7 other countries until Jan 21 due to Omicron
Beijing/Hong Kong, Jan 5 (PTI) Hong Kong on Wednesday reimposed some of its toughest COVID-19 restrictions, banning flights from eight countries including India until January 21, in a bid to arrest the rising number of Omicron cases. Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor announced that travellers from eight countries -- Australia, Canada, France, [...]
Rupee jumps 23 paise to close at 74.35 against US dollar
Mumbai, Jan 5 (PTI) The rupee surged 23 paise to close at 74.35 (provisional) against the US dollar on Wednesday, tracking gains in domestic equity markets.At the interbank forex market, the local unit opened up at 74.54 against the greenback and witnessed an intra-day high of 74.30 and a low of 74.55. It finally settled [...]
KOLKATA BULLION CLOSING
Kolkata,Jan.05(PTI): SILVER RDY.(BAR) : Rs.61,850.00(61,750.00) Per Kg.SILVER RDY.(PORTION) : Rs.61,950.00(61,850.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.48,700.00(48,500.00) Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,200.00(46,000.00) Per 10 Gms.HALLMARKED GOLD(22-CARAT) RDY. : Rs.46,900.00(46,700.00) Per 10 Gms. ---- PTI SAM
Crude oil futures dip on weak spot demand
New Delhi, Jan 5 (PTI) Crude oil prices on Wednesday fell Rs 39 to Rs 5,722 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for the January delivery dropped by Rs 39, or 0.68 per cent, to Rs 5,722 per barrel with a business volume of 7,925 lots. Analysts [...]
Silver futures drop on subdued demand
New Delhi, Jan 5 (PTI) Silver futures on Wednesday eased by Rs 35 to Rs 62,191 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for the March delivery declined Rs 35, or 0.06 per cent, to Rs 62,191 per kg in a business turnover of 11,822 [...]
Gold futures fall on low demand
New Delhi, Jan 5 (PTI) Gold prices on Wednesday fell Rs 46 to Rs 47,903 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 46, or 0.1 per cent, to Rs 47,903 per 10 grams [...]
Delhivery announces investment in Falcon Autotech
Mumbai, Jan 5 (PTI) Logistics firm Delhivery Ltd said on Wednesday it has invested in logistics automation solutions provider Falcon Autotech but did not disclose the amount. This move is in sync with Delhivery's stated objective of sustained investments in future-ready hardware solutions in its operations. "Delhivery Ltd has announced an investment in Falcon Autotech, [...]
CIL’s Apr-Dec capex up 37 pc at Rs 10,717 cr
New Delhi, Jan 5 (PTI) State-owned CIL on Wednesday said it has incurred a capex of Rs 10,717 crore in the April-December period of the ongoing fiscal, registering a 37.4 per cent year-on-year growth. The capex of Coal India Ltd (CIL) during April-December period of the last fiscal was at Rs 7,801 crore, according to [...]
Entod Pharma commences production of Molentod for treating COVID-19
New Delhi, Jan 5 (PTI) Entod Pharmaceuticals on Wednesday said it has commenced production of Molentod, its version of Molnupiravir, for the treatment of COVID-19. The Mumbai-based company said it aims to make the product available as early as possible and that its first batch is already under production. Molentod will be available at retail [...]
Voltrix Mobility enters e-cycle segment, launches office commuter bicycle ‘Tresor’ at Rs 55,999
Mumbai, Jan 5 (PTI) Chennai-based Voltrix Mobility on Wednesday announced its foray into the e-cycle segment with the launch of office commuter bicycle 'Tresor' for the urban segment, at an introductory price of Rs 55,999. The company also said it plans to roll out two more products in the next six months to cater to [...]
NCLAT sets aside NCLT order approving Twin Star Technologies’ bid for Videocon Group
New Delhi, Jan 5 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Wednesday set aside an order of the Mumbai bench of NCLT approving Anil Aggarwal-led Twin Star Technologies' bid for Videocon Group. A two-member bench of Jarat Kumar Jain and Ashok Kumar Mishra said provisions of the Insolvency and Bankruptcy Code (IBC) have [...]
NCLAT sets aside NCLT order approving Twin Star Technologies’ bid for Videocon Group
New Delhi, Jan 5 (PTI) The National Company Law Appellate Tribunal (NCLAT) has set aside an order of the Mumbai bench of NCLT approving Anil Aggarwal-led Twin Star Technologies' bid for Videocon Group. A two-member bench of Jarat Kumar Jain and Ashok Kumar Mishra said the provisions of the Insolvency and Bankruptcy Code (IBC) have [...]
Over 45 mn Indians dine out at their favourite restaurants in 2021: Report
New Delhi, Jan 5 (PTI) Over 45 million Indians satiated their food cravings by dining out at their favourite restaurants in 2021, with Delhi again emerging as the country's Dining Capital, according to a report. An average bill of Rs 2,670 was paid in 2021 as compared to Rs 1,907 in 2020, according to the [...]
NEWSALERT
NCLAT sets aside NCLT order approving Anil Aggarwal-led Twin Star Technologies' bid for Videocon Group. PTI KRH ABM ABM
Cairn withdraws all lawsuits against India, to get Rs 7,900 cr tax refund
All retrospective tax demands were scrapped in August 2021 by the Indian government since flats used by its diplomatic staff in Paris and Air India planes in the US were being seized to recover the refund due. The new legislation made the government drop Rs 1.1 lakh crore in outstanding claims against multinationals such as telecom [...]
Youngest Child to Successfully Undergo Small Intestine Transplant in Asia (Enters Asia Book of Records)
~ The young boy's father donated 150-cm of his small intestine. The boy became Asia's youngest recipient of a small intestine organ ~ CHENNAI, India, Jan. 5, 2022 /PRNewswire/ -- Rela Hospital, a multi-speciality, quaternary care hospital in Chennai, has entered the Asia Book of Records for having successfully performed a small intestine transplant surgery [...]
Delta Capita acquires JDX Consulting to create one of the largest specialist Capital Markets consulting and managed service providers
LONDON, Jan. 5, 2022 /PRNewswire/ -- Delta Capita continues to strengthen its capability and accelerate growth with the acquisition of JDX Consulting. The acquisition establishes Delta Capita as a significant force in global managed services and consulting in Capital Markets, leveraging its bank as a service 'one bank' infrastructure platform. Delta Capita is the Financial [...]
Govt distributes 36.78 cr LEDs under UJALA scheme
New Delhi, Jan 5 (PTI) The Power Ministry has distributed 36.78 crore LED lights under the UJALA programme in seven years, which saved 47,778 million units of electricity per annum.Unnat Jyoti by Affordable LEDs for All (UJALA) was launched by the Prime Minister on January 5, 2015.In a short span, the programme has evolved to [...]
L&T Heavy Engineering bags significant orders in Q3
New Delhi, Jan 5 (PTI) Larsen & Toubro (L&T) on Wednesday said its heavy engineering arm has won significant contracts for its various business segments in the third quarter of the ongoing financial year. The modification, revamp and upgrade (MRU) business of L&T Heavy Engineering has been awarded an important contract by a key hydrocarbon [...]
TVS Motor appoints Venkat Viswanathan as Technical Advisor for EV ops
New Delhi, Jan 5 (PTI) TVS Motor Company on Wednesday said it has appointed Venkat Viswanathan as Technical Advisor for its electric mobility operations. Viswanathan is currently an Associate Professor of Mechanical Engineering at Carnegie Mellon University and is a global leader in the field of advanced batteries for electric mobility. He brings broad expertise [...]
Rubber industry association AIRIA elects Sawar Dhanania as president
Mumbai, Jan 5 (PTI) All India Rubber Industries Association (AIRIA) on Wednesday said it has elected Sawar Dhanania as its president. Besides, it elected Shashi Kumar Singh as senior vice president and Vipan Mehta as vice president in its annual general meeting (AGM) held in December, the industry body said in a statement. The tenure [...]
Future Retail appeals before Delhi HC’s division bench for termination of Amazon arbitration
New Delhi, Jan 5 (PTI) Future Retail and its promoters have filed appeals before the division bench of the Delhi High Court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration. The Delhi High Court on Tuesday dismissed the pleas moved by Future Group companies seeking a [...]
DIRECT EXCHANGE RATES-SBI
MUMBAI, JAN 5,200 (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 73.83 75.33 73.77 75.49 EUR/INR 82.84 85.70 82.77 85.87 GBP/INR 99.34 102.54 99.26 102.74 JPY/INR 63.23 65.37 63.18 65.50 [...]
Vaidya Sane Ayurved Laboratories Limited (Madhavbaug) gets NSE approval for SME IPO
MUMBAI, India, Jan. 5, 2022 /PRNewswire/ -- Speciality chain Of Cardiac Clinics, Vaidya Sane Ayurved Laboratories Limited, a unique medical service institution popularly known as 'Madhavbaug' that treats chronic ailments like cardiac disease, diabetes, hypertension and obesity with the distinctive outlook of amalgamating technology with traditional healing of Ayurveda has filed its draft red herring [...]
Hero Electric partners with SpareIt for EV service hubs
Mumbai, Jan 5 (PTI) Electric two-wheeler maker Hero Electric has partnered with automotive aftermarket multi-sided platform SpareIt to train private garage owners and use their network as EV service hubs.As part of the collaboration, SpareIt will offer these garages as private garage owners (PGO) for Hero Electric's B2B and B2C clients, a release said on [...]
20 pc cancellations in Goa hotel bookings amid COVID-19 surge, says tourism industry stakeholder
Panaji, Jan 5 (PTI) Goa's tourism industry is currently seeing 15 to 20 per cent cancellations in hotel bookings after a sudden spike in COVID-19 cases in the coastal state, an industry representative said on Wednesday. The state on Tuesday reported 592 fresh cases of COVID-19, with the positivity rate remaining high at 13.89 per [...]
JANUARY 5, 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
Date : Jan 05, 2022
Money Market Operations as on January 04, 2022 (Amount in ? crore, Rate in Per cent) MONEY MARKETS@ Volume(One Leg) WeightedAverage Rate Range A. Overnight Segment (I+II+III+IV) 5,18,695.66 3.18 0.01-3.50 I. Call Money 8,619.36 3.28 2.00-3.50 II. Triparty Repo 4,00,568.10 3.16 2.99-3.44 III. Market Repo 1,09,508.20 3.27 0.01-3.45 IV. Repo in Corporate Bond 0.00 - [...]
Soybean futures rise on fresh bets
New Delhi, Jan 5 (PTI) Soybean prices on Wednesday went up by Rs 35 to Rs 6,301 per quintal in futures market as traders created fresh positions tracking positive spot demand.On the National Commodity and Derivatives Exchange, soybean for January delivery rose by Rs 35, or 0.56 per cent, to Rs 6,301 per quintal with [...]
Rising demand lifts refined soya oil futures
New Delhi, Jan 5 (PTI) Refined soya oil prices on Wednesday rose by Rs 4 to Rs 1,183 per 10 kg in futures trade as speculators raised their bets.On the National Commodity and Derivatives Exchange, refined soya oil for January delivery moved up by Rs 4, or 0.34 per cent, to Rs 1,183 per 10 [...]
Guar seed futures decline on low demand
New Delhi, Jan 5 (PTI) Guar seed prices on Wednesday went down by Rs 26 to Rs 6,173 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery was trading down by Rs 26, or 0.42 per cent, at Rs 6,173 per 10 quintal with an open [...]
Guar gum futures fall on low demand
New Delhi, Jan 5 (PTI) Guar gum prices on Wednesday fell Rs 104 to Rs 11,058 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 104, or 0.93 per cent, to [...]
PRICES MUM GENERAL
MUMBAI, JAN 05 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 61658.00 STANDARD GOLD (99.5) : 47933.00 PURE GOLD (99.9) : 48126.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61,750.00 RS. PER KG.SILVER RDY.(PORTION) : 61,850.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48,500.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46,000.00 RS. [...]
Axis AMC looks to garner Rs 50 cr from Nifty Next 50 fund
Mumbai, Jan 5 (PTI) Axis Mutual Fund on Wednesday said it is looking to collect at least Rs 50 crore from its new fund -- the Nifty Next 50 index fund. The open-ended index fund, which tracks the Nifty Next 50 index, opens for subscription on January 7 and closes on 21, the fund house [...]
What is the new IHU Variant of Coronavirus? and also what is Flurona?
The IHU variant, which was first discovered in France has 46 mutations and 37 deletions.The WHO is yet to label the variant under investigation since it is not yet detected in other countries.When a double infection of the Covid-19 and influenza viruses affect a patient at the same time, s/he is said to be affected [...]
Coriander futures rise on spot demand
New Delhi, Jan 5 (PTI) Coriander prices on Wednesday rose Rs 14 to Rs 9,216 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 went up Rs 14, or 0.15 per cent, to Rs 9,216 per quintal with [...]
DIAL completes refurbishing work on IGI Airport’s British-era runway
Mumbai, Jan 5 (PTI) Delhi International Airport Limited has completed refurbishing work on the 09/27 runway at Indira Gandhi International Airport and handed over the facility to ATC for commercial operations late last month, which will help in reducing the runway operations time, a release said on Wednesday.The newly rehabilitated runway, which was constructed during [...]
Cottonseed oil cake futures fall on soft demand
New Delhi, Jan 5 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 33 to Rs 3,260 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 [...]
KOLKATA BULLION OPENING
Kolkata, Jan.05(PTI): SILVER RDY.(BAR) : Rs.61,750.00 Per Kg.SILVER RDY.(PORTION) : Rs.61,850.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.48,500.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,000.00 Per 10 Gms.HALLMARKED GOLD(22-CT) RDY. : Rs.46,700.00 Per 10 Gms. ---- PTI SAM
TVS Motor Company Appoints Professor Venkat Viswanathan as Technical Advisor for Electric Mobility
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced the appointment of Professor Venkat Viswanathan as Technical Advisor for Electric Mobility at TVS Motor Company. Prof. Viswanathan is currently an Associate Professor of Mechanical Engineering at Carnegie Mellon University and is a global leader in advanced batteries [...]
JSL supplies 2,000-tonne stainless steel for Kanpur Metro Project
New Delhi, Jan 5 (PTI) Jindal Stainless Limited (JSL) on Wednesday said it has supplied 2,000-tonne steel for the Kanpur Metro Project, inaugurated by Prime Minister Narendra Modi last week.On December 28, the Prime Minister inspected the Kanpur Metro Rail Project and undertook a metro ride from the IIT metro station to Geeta Nagar."The PM [...]
Living Food raises USD 7.5 mn in funding round led by Amasia
New Delhi, Jan 5 (PTI) Living Food, a first-party marketplace platform focused on fresh food, on Wednesday said it has raised USD 7.5 million (around Rs 55.8 crore) in a funding round led by Amasia. Other investors in the Series A round include SOSV, Blume Founders Fund, and notable angels including Xander Group founder Sid [...]
Good Glamm Group invests Rs 200 crore seed capital in Good Creator Co
New Delhi, Jan 5 (PTI) Influencer management, marketing and analytics platforms Plixxo, MissMalini, Winkl and Vidooly have come together as the Good Creator Co, in which Good Glamm Group has invested Rs 200 crore seed capital, according to a statement. Plixxo, MissMalini, Winkl and Vidooly spun off from Good Glamm Group to form Good Creator [...]
Benefit from High FD Rates and Deposit Safety with Bajaj Finance FD
Pune, Maharashtra, India (NewsVoir) Many turn to investing their money to amass wealth and become financially sound. This is a smart approach considering that it supplements one's income and often requires little to no intervention from the investor's end. Moreover, stable investment vehicles are also available in the market, making the entire experience much more [...]
Bolo Live raises $ 2.4 million in funding led by Orios Venture Partners
New Delhi, Jan 5 (PTI) Social media platform Bolo Live on Wednesday said it has raised USD 2.4 million (about Rs 18 crore) as a precursor to the Series A funding round led by Orios Venture Partners.SOSV, Tremis Capital, LPA Ventures and other HNIs also participated in its first VC round, including existing investors Eagle [...]
Housing sales rise 51 pc in top 8 cities in 2021; office leasing lagging, down 3 pc
New Delhi, Jan 5 (PTI) Housing sales across top eight cities rose 51 per cent last year, even as the office market continued to slump due to the COVID pandemic with gross leasing witnessing a 3 per cent fall, according to Knight Frank India. Housing sales increased to 2,32,903 units during last year, from 1,54,534 [...]
Bombay Shaving Company raises Rs 160 cr in funding
New Delhi, Jan 5 (PTI) Bombay Shaving Company (BSC) has raised Rs 160 crore in a funding round led by Malabar Investments, a hedge fund based in India.The round also saw participation from Patni Advisors, Singularity AMC, and well-known high net-worth individuals (HNIs), the company said."India's leading hair removal brand Bombay Shaving Company (BSC) has [...]
India’s services sector activity hits 3-month low in Dec: Survey
New Delhi, Jan 5 (PTI) India's services sector activity moderated in December as business activity and sales rose at a softer pace, while price pressures and the possibility of new waves of COVID-19 affected business sentiment, a monthly survey said on Wednesday.The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to [...]
How East London’s oldest halal eatery survived the pandemic
London, Jan 5 (RNS) With the fate of East London's oldest halal restaurant on the line, a desperate call went out on Twitter.“Not one to do this,” wrote @mehnazmeh, “but my dad owns the oldest Indian restaurant in east London and has been struggling with customers, so please show some love! If you're in Aldgate, [...]
5 Crucial Questions Before Applying for a Business Loan
Answering some key questions in the affirmative before applying for a business loan can ensure the application is approved at the earliest on more favourable terms. New Delhi, Delhi, India – Business Wire India After one works hard and long in putting together a viable business plan, the last element to get the operations going [...]
Passenger vehicle retail sales dip 11% in Dec amid semiconductor woes
The passenger vehicle (PV) retail sales last month fell 10.91 per cent to 2,44,639 units from 2,74,605 units in December 2020.Two-wheeler sales also continued to remain in the slow lane last month, with sales of 11,48,732 units, down 19.86 per cent from 14,33,334 units in December 2020.Customers have postponed purchases due to covid restrictions and [...]
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.
