#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
Multibagger stock hits 5% upper circuit after receiving work orders worth ₹ 576 Cr
Multibagger stock engaged in providing EPC and O&M services to companies operating in telecom, solar energy, and infrastructure hit a 5 percent upper circuit upon receiving a new work order worth Rs. 576 Crores to set up a solar powerplant. Price Action With a market capitalization of Rs. 7,959 Crores, the shares of Bondada Engineering [...]
Realty stock hits 20% upper circuit after announcing 4:1 bonus issue
The shares of this microcap clocked a 20 percent circuit in Tuesday’s trading session after the company announced a 4:1 bonus issue. In just one month, the stock has delivered more than a 60 percent return to its shareholders. Price Movemnet: With a market capitalization of Rs. 154 crores, the shares of Sameera Agro and [...]
Stock jumps 4% after it secures ₹ 10 Mil order for Big Billion Sale on Flipkart
In Tuesday’s trading session, the shares of a leading innovator in consumer electronics surged by 4.8 percent to Rs. 36 on NSE, after the company secured Rs. 10 million order for Big Billion Sale on Flipkart along with entering into a strategic alliance with Cred. With a market cap of Rs. 739 crores, at 11:49 [...]
Infra stock jumps 7% after reporting net profit increases by 77% YoY in Q1
The shares of the infrastructure construction company gained up to 7 percent after the company’s net profit and revenue increased by 77 percent and 26 percent, respectively in Q1FY25. Ceigall India Ltd has a market capitalization of Rs 7,080.56 crore, the shares were trading at Rs 406.45 per share, increasing around 3.13 percent as compared [...]
AI stock hits 5% upper circuit after receiving order worth ₹ 13.61 Cr from Punjab Govt
The shares of this AI stock hit a 5 percent upper price band of Rs.190.55 per share after receiving a Rs.13.61 crore order from the Punjab Government for developing agricultural credit societies. Share Price Variation On Tuesday, Enfuse Solutions' share price hit a 5 percent upper circuit limit of Rs.190.55 per share, up from the [...]
Pharma stock jumps 5% after company’s board approved buyback at 50% premium
Pharma stock engaged in manufacturing and selling APIs, Pharma Intermediates, Specialty Chemicals, and many more jumped 5 percent in the day’s trade following the announcement to Buyback equity shares at a 50 percent premium and fixing record date. Price Action With a market capitalization of Rs. 5,562 Crores, the shares of Aarti Drugs Limited were [...]
4 Stocks that hit 20% upper circuit today; Do you own any?
The benchmark equity indices opened Tuesday’s trading session on a flatter note. The NSE Nifty 50 opened 22 points or 0.09 percent higher at 25,032.50, while the BSE Sensex opened 62 points or 0.08 percent higher at 81,760. Listed below are the stocks that locked 20 percent upper circuit in Tuesday’s trading session: Sameera Agro [...]
Stock jumps 14% after company to acquire Paramount TPA for ₹ 311.8 Cr
The shares of this small-cap company gained up to 14 percent after the company’s subsidiary entered into a share purchase agreement to acquire a 100% equity share in Paramount Health Services & Insurance TPA Private Limited. With a market capitalization of Rs 4,325.79 crore, the shares of Medi Assist Healthcare Services Ltd were trading at [...]
Auto ancillary stock hits 20% upper circuit after signing MoU with Blaer Motors
In Tuesday’s trading session, the shares of one of the leading automotive component manufacturers hit a 20% upper circuit at Rs. 200, after the company signed a Memorandum of Understanding (MoU) with Blaer Motors Private Limited. With a market cap of Rs. 442.3 crores, the shares of UCAL Limited opened in the green at Rs. [...]
Penny stocks with low PE ratio to add to your watchlist
Penny stocks are quite popular with small investors because of their potential for huge gains. These stocks are priced very low and such companies have low market capitalization as well. These stocks are often illiquid, meaning they are traded in lower quantities compared to other stocks. Listed below are such penny stocks whose PE is [...]
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
Lulu group to invest Rs 500 crore for setting up food processing plant at Greater Noida in UP
Lucknow, Dec 29 (PTI) The UAE-based retail major Lulu group on Wednesday announced an investment of Rs 500 crore to set up a food processing plant in Greater Noida, Uttar Pradesh. The company will set up 100 per cent export-oriented food and agri-produce processing park in Greater Noida. At a formal function held at Uttar [...]
Chitkara University Bags 2nd Rank in ARIIA Rankings Released by Govt of India
Chandigarh, India (NewsVoir) Chitkara University, Punjab, has secured the 2nd rank in the prestigious Atal Ranking of Institutions on Innovation Achievements 2021 (ARIIA 2021) released by Ministry of Education, Government of India. ARIIA is a joint initiative of the Ministry of Education (MoE), Government of India, and All India Council for Technical Education (AICTE) to [...]
Rupee breaks 9-day winning streak, slips 1 paisa against US dollar
Mumbai, Dec 29 (PTI) The rupee snapped its nine-day winning streak to settle just one paisa lower at 74.71 against the US dollar on Wednesday, as muted domestic equities and a strong greenback overseas weighed on the market sentiment.At the interbank foreign exchange, the rupee started on a tepid note at 74.69 against the dollar. [...]
CCPA issues 15 notices to etailers, sellers over sub-standard pressure cookers
New Delhi, Dec 29 (PTI) Consumer protection regulator CCPA has issued 15 notices to e-commerce entities as well as sellers for offering pressure cookers that are non-compliant with BIS norms, the government said on Wednesday. These notices have been issued by the Central Consumer Protection Authority (CCPA) as part of its suo-moto action. "15 Notices [...]
Leveraging Technology and Advancing Innovation: Hindustan Zinc Walking the ESG Talk
Udaipur, Rajasthan, India – Business Wire India • The company has been at the forefront of implementing cutting-edge technology for smart, safe, and sustainable operations • Safety is more than just compliance for Hindustan Zinc employees; it is a way of life The society presently dwells in a global community that is equally volatile and [...]
SJVN to invest Rs 60,000 cr for harnessing 5,097-MW hydropower in Arunachal Pradesh
New Delhi, Dec 29 (PTI) State-owned power producer SJVN Ltd on Wednesday said it will invest Rs 60,000 crore to harness 5,097 megawatts (MW) of hydropower in Arunachal Pradesh. SJVN Chairman and Managing Director Nand Lal Sharma held a meeting on Wednesday with Arunachal Pradesh Deputy Chief Minister Chowna Mein in New Delhi to discuss [...]
Funds totalling Rs 24k cr lying unutilised with Sebi; unreasonable to ask it to deposit more money: Sahara
New Delhi, Dec 29 (PTI) Sahara Group on Wednesday said it is unreasonable to ask it to deposit more money as funds totalling Rs 24,000 crore are lying unutilised with regulator Sebi for the last nine years and it was hurting the business interests of the group. The statement comes a day after Sebi Chairman Ajay [...]
Ahmedabad most affordable housing mkt; Mumbai unaffordable: Report
New Delhi, Dec 29 (PTI) Ahmedabad is the most affordable housing market among eight major cities while Mumbai is unaffordable due to high EMI to total income ratio, according to Knight Frank. According to Knight Frank's Affordability Index 2021 report released on Wednesday, Indian markets are at their decadal best in terms of housing affordability. [...]
Stop CEL disinvestment, says Congress
New Delhi, Dec 29 (PTI) The Congress on Wednesday accused the Modi government of “compromising” the country’s strategic interests by selling “profitable” PSU Central Electronics Limited (CEL) to a private firm with no domain experience.Addressing a press conference here, Congress spokesperson Gourav Vallabh claimed that the valuation of the CEL using different methods was between [...]
Customs officers arrest Ugandan passenger who ingested 1 kg cocaine
New Delhi, Dec 29 (PTI) Customs officers at the IGI Airport on Wednesday arrested a Ugandan passenger who had ingested 1 kg cocaine as pellets, unravelling yet another case of cocaine smuggling, the finance ministry said. The Ugandan passenger, who arrived at Terminal-3, IGIA, a few days ago, had uneasy body movements and unusual behaviour [...]
PRICES MUM GENERAL
MUMBAI, DEC 29 (PTI) CLOSING RATES SILVER SPOT (IN RS PER KILO) : 61588.00 STANDARD GOLD (99.5) : 47684.00 PURE GOLD (99.9) : 47876.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 62,450.00 RS. PER KG.SILVER RDY.(PORTION) : 62,550.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48,700.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46,200.00 RS. [...]
AIADMK tells DMK to fulfill promise, bring fuel under GST
Chennai, Dec 29 (PTI) AIADMK top leader K Palaniswami on Wednesday demanded that Chief Minister M K Stalin inform the people on what was preventing the DMK regime from not implementing the assurance made in the run up to the Assembly election on bringing petrol and diesel under the GST regime. During his stint as [...]
Traders body opposes odd-even scheme for Delhi markets
New Delhi, Dec 29 (PTI) Traders' body CAIT on Wednesday wrote to Delhi Lieutenant Governor Anil Baijal, terming the 'odd-even' scheme for shops impractical and called for markets in the national capital be divided into various zones to open at different timings for smooth conduct of trade. In its letter to Baijal on the Covid [...]
E-commerce hiring up 28 pc in 2021; 2022 likely to be even more promising: TeamLease
New Delhi, Dec 29 (PTI) Employment opportunities in the e-commerce and allied industries witnessed a 28 per cent surge in 2021, and recruitment activities in this segment will gain further momentum driven by economic recovery and aggressive vaccination drive, according to TeamLease Services.The e-commerce sector grew by 8 per cent in 2020 and 30 per [...]
Low sentiment among biz travellers due to Omicron scare may affect bookings in Jan-Mar: Hotels body
New Delhi, Dec 29 (PTI) Low sentiment among business travellers on account of the Omicron scare is expected to take a toll on bookings during January-March, the Hotel Association of India said in its outlook for the coming year. "The sentiment among business travellers is currently low owing to the Omicron scare and that is expected [...]
Govt begins inviting applications from investors under PLI scheme for speciality steel
New Delhi, Dec 29 (PTI) The government on Wednesday said it has started inviting applications from investors looking to invest under the production-linked incentive (PLI) scheme for speciality steel. March 29, 2022, has been fixed as the last date to submit the applications, the Ministry of Steel said in a tweet. On July 22, the [...]
Toyota Kirloskar Motor announces organisational changes
New Delhi, Dec 29 (PTI) Toyota Kirloskar Motor (TKM) on Wednesday announced organisational changes with effect from January 1, 2022.Key resources have been aligned and assigned responsibilities in a way, so as to drive synergy and efficiency throughout the organisation, the automaker said in a statement.As part of the senior level restructuring, the company has [...]
Sensex, Nifty edge down on profit-booking in banking, metal stocks
Mumbai, Dec 29 (PTI) Benchmark indices Sensex and Nifty retreated from over one-week highs to close lower on Wednesday due to profit booking in banking, IT and metal stocks amid weak global trends. After a two-day rally, the 30-share BSE Sensex dropped by 90.99 points or 0.16 per cent to settle at 57,806.49 in volatile [...]
Aether Industries files draft papers with Sebi; eyes Rs 1,000 cr via IPO
New Delhi, Dec 29 (PTI) Speciality chemicals company Aether Industries has filed its preliminary prospectus with markets regulator Sebi to raise Rs 1,000 crore through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares aggregating to Rs 757 crore and an offer-for-sale of up to 2,751,000 equity shares, [...]
Rupee snaps 9-day winning streak, slips 3 paise against US dollar
Mumbai, Dec 29 (PTI) The rupee snapped its nine-day winning streak to settle 3 paise lower at 74.73 (provisional) against the US dollar on Wednesday, following weakness in domestic equities.At the interbank foreign exchange, the rupee started on a tepid note at 74.69 against the dollar. During the day, it witnessed a high of 74.68 [...]
COMMODITY PRICES
MUMBAI, DEC 29 (PTI) METAL PRICES:- COPPER COPPER CABLE SCRAP 730.00 COPPER HEAVY SCARP 717.00 COPPER ARMATURE (CREDIT) 699.00 COPPER UTENSIL SCRAP 635.00 C.C. ROD 772.00 BRASS BASS SHEET CUTTING 541.00 BRASS UTENSIL SCRAP 478.00 BRASS HONEY 471.00 ALUNINIUM ALU. UTENSIL SCRAP 185.00 ALU. EXT SCRAP 208.00 ALU. INGOTS. 234.00 OTHER GUN METAL SCRAP 520.00 [...]
Gold declines Rs 216; silver tanks Rs 179
New Delhi, Dec 29 (PTI) Gold price in the national capital on Wednesday declined by Rs 216 to Rs 47,010 per 10 gram in tandem with decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 47,226 per 10 gram. Silver also tanked Rs 179 [...]
Sensex drops 91 pts, Nifty ends below 17,250
Mumbai, Dec 29 (PTI) Equity benchmark Sensex dropped by nearly 91 points on Wednesday due to profit booking in HDFC Bank, SBI and ITC after a two-day rally. The 30-share index ended 90.99 points or 0.16 per cent lower at 57,806.49 in a volatile trade. The broader Nifty fell by 19.65 points or 0.11 per [...]
Bajaj Housing Finance offers cheaper home loans to those having high credit scores
New Delhi, Dec 29 (PTI) Bajaj Housing Finance on Wednesday announced a new festive deal offering customers, who have high credit scores, home loans starting as low as 6.65 per cent. Announcing the new festive offer on Wednesday, Bajaj Housing Finance, a fully owned subsidiary of Bajaj Finance, said that as a first in the [...]
OILSEEDS PRICES
MUMBAI, DECEMBER 29, (PTI) MUMBAI - OIL SEEDS G.Nut Raw 1330.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1180.00 Sunflower Exp.Ref. 1260.00 Cottonseed(Refined) 1210.00 Refined Palm Oil 1150.00 Soyabean Ref. 1200.00 Imp.Soyabean Crude - Rapeseed Ref. 1570.00 Rapeseed Exp. 1540.00 Copra white 1700.00 Rice Bran 4-7% FFA - Rice Bran 1110.00 Linseed 1850.00 Castor [...]
KOLKATA BULLION CLOSING
Kolkata, Dec.29(PTI): SILVER RDY. (BAR) : Rs.62,450.00(62,350.00) Per Kg.SILVER RDY.(PORTION) : Rs.62,550.00(62,450.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.48,700.00(48,900.00) Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,200.00(46,400.00) Per 10 Gms.HALLMARKED GOLD (22-CT) RDY. : Rs.46,900.00(47,100.00) Per 10 Gms. ---- PTI SAM
Nickel futures down on subdued demand
New Delhi, Dec 29 (PTI) Nickel futures on Wednesday declined by Rs 3.40 to Rs 1,547.30 per kg due to reducing of positions by investors amid sluggish demand in the spot market.On the Multi Commodity Exchange, nickel contracts for January delivery fell by Rs 3.40, or 0.22 per cent, to Rs 1,547.30 per kg with [...]
Aluminium futures decline on low demand
New Delhi, Dec 29 (PTI) Aluminium prices on Wednesday fell 0.53 per cent to Rs 226.05 per kg in the futures market as participants trimmed their positions on a subdued trend in spot market. On the Multi Commodity Exchange, aluminum for delivery in December declined by Rs 1.20, or 0.53 per cent, to Rs 226.05 [...]
Surgical Management of Heart Failure
Heart failure is considered as one of the leading causes of death worldwide. In India the mortality rate is as high as 20%. Over the years, etiological risk factors, diagnostic criteria, and classifications have been revised to create guide management needed to alleviate the global health burden caused by heart failure. Pharmacological treatments have progressed [...]
Copper futures decline on tepid spot demand
New Delhi, Dec 29 (PTI) Copper prices on Wednesday fell 0.54 per cent to Rs 745.80 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 4.05, or 0.54 per cent, [...]
Zinc futures slip on muted demand
New Delhi, Dec 29 (PTI) Zinc prices on Wednesday fell 0.64 per cent to Rs 268.45 per kg in futures trade, as speculators reduced their exposure on negative cues from the spot market.On the Multi Commodity Exchange, zinc contracts for January delivery traded lower by Rs 1.85, or 0.64 per cent, to Rs 286.45 per [...]
Review introduction of LTC cash voucher for govt employees in Budget: FHRAI to FinMin
New Delhi, Dec 29 (PTI) Hospitality industry body FHRAI has urged the finance ministry to review the decision to introduce leave travel concession cash voucher in place of LTC fare to central government employees in the forthcoming Budget.Federation of Hotel & Restaurant Associations of India (FHRAI) submitted the recommendation a week after sharing its views [...]
Indian travellers indulged in ‘workcation’ mode this year: OYO report
New Delhi, Dec 29 (PTI) Indian travellers were busy indulging in 'workcation' -- working away from home in a scenic location -- this year as they tried to adapt and make up for lost vacations while working remotely after the coronavirus pandemic upended travel and tourism sector in 2020, according to OYO Travelopedia 2021. Around [...]
Crude oil futures gain on higher demand
New Delhi, Dec 29 (PTI) Crude oil prices on Wednesday rose Rs 2 to Rs 5,685 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the January delivery traded higher by Rs 2, or 0.04 per cent, to Rs 5,685 per barrel in 8,843 [...]
Silver futures rise on spot demand
New Delhi, Dec 29 (PTI) Silver prices on Wednesday rose Rs 90 to Rs 62,604 per kg in the futures trade as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for the March delivery gained Rs 90, or 0.14 per cent, to Rs 62,604 per kg in [...]
Gold futures fall on low demand
New Delhi, Dec 29 (PTI) Gold prices on Wednesday fell by Rs 118 to Rs 47,924 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 lower by Rs 118, or 0.25 per cent, to Rs 47,924 per 10 grams [...]
Dish TV AGM: Testing time for Chandra family’s hold over DTH player
The AGM of Dish TV will be held on Thursday after being postponed twice.Dish TV is seeking a nod from shareholders for the reappointment of Ashok Mathai Kurien on the board.Yes Bank Limited which holds a 24.19% stake in Dish TV approached the NCLT after its request for an EGM was rejected. Leading DTH Service [...]
Praxis Home Retail settles case with Sebi; pays over Rs 20 lakh
New Delhi, Dec 29 (PTI) Praxis Home Retail Ltd has settled with regulator Sebi a case of alleged violation of market norms, by paying over Rs 20 lakh towards settlement charges. The firm had allegedly failed to make disclosures of certain material events, in accordance with the Listing Obligations and Disclosure Requirements norms. The material [...]
Radio City Exclusively Launched at Kanpur and Lucknow Metro Stations
The Radio channel now brings the best musical entertainment to commuters across 30 stations Kanpur, Uttar Pradesh, India (NewsVoir) Radio City, India’s leading radio station, has achieved yet another milestone, by signing a broadcast deal with the Uttar Pradesh Metro Rail Corporation (UPMRC). As per the agreement, Radio City will now be exclusively broadcasted in [...]
Promoting Interdisciplinary Research, Chitkara University Launches Collaborative Research Project
Faculty, students ofChitkara University and Chitkara International School file for 12 patents Chandigarh, Punjab, India (NewsVoir) With the aim to promote interdisciplinary research, Chitkara University, Himachal Pradesh (CUHP), and Chitkara International School (CIS) have launched a Collaborative Research Project (CRP) which facilitates collaboration between the faculty and students. Recognizing the immense contribution of innovations in [...]
Vegetable rates
Bengaluru, Dec 29 (PTI) Following are today's Vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), Rates per Quintal. Cauliflower 1000-6000, Brinjal 800-7100, Tomato 400-6015, Bitter Gourd 2000-7100, Bottle Gourd 2000-3500, Ash Gourd 1400-2000, Green Chilly 350-7936, Banana green 2500-3000, Beans 350-7000, Green Ginger 750-6000, Carrot 2500-8900, Cabbage 300-5300, Ladies Finger 350-8200, Snakeguard 1400-4200, Beetroot [...]
Teachmint acquires video engagement platform Airlearn to expand developer offerings
Mumbai, Dec 29 (PTI) Education infrastructure start-up Teachmint on Wednesday announced the acquisition of Airlearn, a video engagement platform for education businesses, in a cash-and-stock deal to expand its developer offerings. With this deal, Teachmint strengthens its developer offering called Teachstack, enabling edtech companies across the globe to build state-of-the-art classroom solutions for their users, [...]
REC arm hands over Kallam Transmission SPV to IndiGrid firms’ consortium
New Delhi, Dec 29 (PTI) State-run REC on Wednesday said that its arm REC Power Development and Consultancy (RECPDCL) has handed over special purpose vehicle Kallam Transmission Ltd to a consortium of infrastructure investment trust IndiGrid firms. The SPV has been set up for the construction of a transmission system for evacuating power from RE [...]
Mankind, BDR Pharma join hands to launch anti COVID-19 pill Molulife
New Delhi, Dec 29 (PTI) Mankind Pharma on Wednesday said it has joined hands with BDR Pharmaceuticals to launch oral anti COVID-19 pill Molulife (Molnupiravir) in the country.The tie-up is a licensing arrangement where production is by BDR Pharma and marketing, selling, promotion, distribution is by Mankind Pharma, the company said in a statement.On Tuesday, [...]
Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune
Mumbai, Dec 29 (PTI) Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both [...]
Amara Raja to invest in Europe-based InoBat Auto
New Delhi, Dec 29 (PTI) Amara Raja Batteries on Wednesday said it plans to invest in InoBat Auto, a European technology developer and manufacturer of batteries for e-mobility. In a regulatory filing on December 28, Amara Raja had noted that the initiative would entail a total investment of 10 million Euros, which includes subscription of [...]
GlobalBees secures $111.5 mn funding; enters ‘unicorn club’
New Delhi, Dec 29 (PTI) GlobalBees on Wednesday said it has secured USD 111.5 million (about Rs 834 crore) in a recent funding round led by Premji Invest. With this, GlobalBees' valuation stands at USD 1.1 billion, and it has joined the 'unicorn club'. A company with a valuation of over a billion dollar is [...]
DIRECT EXCHANGE RATES-SBI
MUMBAI, DEC 29 (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 74.00 75.50 73.94 75.66 EUR/INR 83.10 85.93 83.03 86.10 GBP/INR 98.86 102.01 98.78 102.22 JPY/INR 64.02 66.18 63.97 66.31 [...]
Over 4.86 cr ITRs filed for FY21 so far, nearly 19 lakh filed on Dec 28
New Delhi, Dec 29 (PTI) Over 4.86 crore Income Tax Returns for 2020-21 fiscal have been filed so far including over 18.89 lakh ITRs filed on December 28 alone, the I-T department said on Wednesday. The department has already extended the deadline for individual taxpayers to file income tax returns by five months till December [...]
Soybean futures rise on fresh bets
New Delhi, Dec 29 (PTI) Soybean prices on Wednesday moved up by Rs 2 to Rs 6,400 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 2, or 0.03 per cent, to Rs 6,400 per quintal with [...]
Rising demand lifts refined soya oil futures
New Delhi, Dec 29 (PTI) Refined soya oil prices on Wednesday rose by 60 paise to Rs 1,182 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 60 paise, or 0.05 per cent, to Rs 1,182 per 10 [...]
I-T dept eases norms for personal hearing via video conference under faceless appeal scheme
New Delhi, Dec 29 (PTI) The income tax department has brought in changes to the existing faceless appeal scheme, easing the process for taxpayers wanting a personal hearing through video conference while appealing against a tax demand by the department. The Central Board of Direct Taxes (CBDT) on December 28, notified the 'Faceless Appeal Scheme, [...]
Guar seed futures decline on low demand
New Delhi, Dec 29 (PTI) Guar seed prices on Wednesday declined by Rs 186 to Rs 5,930 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for January delivery was trading down by Rs 186, or 3.04 per cent, at Rs 5,930 per 10 quintal with an open interest [...]
Guar gum futures fall on low demand
New Delhi, Dec 29 (PTI) Guar gum prices on Wednesday fell Rs 483 to Rs 10,585 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 declined by Rs 483, or 4.36 per cent, to [...]
Coriander futures decline on low demand
New Delhi, Dec 29 (PTI) Coriander prices on Wednesday fell by Rs 138 to Rs 8,446 per quintal in futures trade as speculators reduced their positions amid weak demand in spot market.On the National Commodity and Derivatives Exchange, coriander contracts for January eased by Rs 138, or 1.61 per cent, to Rs 8,446 per quintal [...]
PRICES MUM GENERAL
MUMBAI, DEC 29 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 62154.00 STANDARD GOLD (99.5) : 47876.00 PURE GOLD (99.9) : 48068.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 62,350.00 RS. PER KG.SILVER RDY.(PORTION) : 62,450.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48,900.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46,400.00 RS. [...]
Cottonseed oil cake futures rise on fresh bets
New Delhi, Dec 29 (PTI) Cottonseed oil cake prices on Wednesday increased by Rs 15 to Rs 2,998 per quintal in futures trade as speculators created fresh positions driven by firm spot demand.On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in January traded up by Rs 15, or 0.47 per cent, [...]
Apple puts Foxconn’s TN facility on probation; to ensure strict norms are met before unit reopens
New Delhi, Dec 29 (PTI) Tech titan and iPhone maker Apple on Wednesday said it has put Foxconn's Sriperumbudur facility on ‘probation’, and asserted it will ensure strict standards are met before the unit reopens. Foxconn's Sriperumbudur factory hit headlines recently over mass-food poisoning at its offsite dormitory facility, an incident that led to workers' [...]
MONEY-MARKET-OPERATIONS
MUMBAI Dec 29, 2021 (PTI) Money Market Operations as on December 28, 2021 (Amount in ? crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg)Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 5,20,943.01 3.51 2.00-3.75 I. Call Money 8,567.22 3.25 2.00-3.75 II. Triparty Repo 4,14,265.25 3.50 3.20-3.65 III. Market Repo 98,110.54 3.58 3.06-3.75 IV. [...]
HR-tech startup InCruiter’s Interviews as a Service expedites hiring process by 1.5x
• The end-to-end recruitment solution platform that offers crowd recruiting to on-demand interview services fastens the hiring process by 1.5x. 29th December 2021: InCruiter, one of the most trusted and next-gen HR tech startups offering end to end recruitment solutions from Crowdrecruiting to on-demand interview services has recently recorded a 1.5x faster rate of hiring [...]
Sri Lanka finalising talks to reacquire oil tanks leased to India: Minister
Colombo, Dec 29 (PTI) Sri Lanka is nearing completion of talks with India to reacquire the 99 World War II-era oil storage tanks leased to the Indian Oil Corporation in the strategically advantaged port district of Trincomalee in the country’s east coast, Energy Minister Udaya Gammanpila said on Wednesday. The Trincomalee Harbour, one of the [...]
Amara Raja to invest in Europe-based InoBat Auto
New Delhi, Dec 29 (PTI) Amara Raja Batteries on Wednesday said it plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for e-mobility. The initial investment will give the company a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to [...]
RAI dubs Delhi govt COVID curbs as ‘partial lockdown’
New Delhi, Dec 29 (PTI) Retailers Association of India (RAI) on Wednesday dubbed as 'a partial lockdown' the Delhi government's restrictions on shops, restaurants and malls amid the spread of the Omicron variant and rising COVID-19 cases. The retailers' body lamented that sudden overnight restrictions such as these under the 'Yellow Alert' create uncertainty for [...]
Small stocks score big in 2021; set to sail northwards in New Year
New Delhi, Dec 29 (PTI) Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats [...]
KOLKATA BULLION OPENING
Kolkata, Dec.29(PTI): SILVER RDY. (BAR) : Rs.62,350.00 Per Kg.SILVER RDY. (PORTION) : Rs.62,450.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.48,900.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,400.00 Per 10 Gms.HALLMARKED GOLD(22-CT) RDY. : Rs.47,100.00 Per 10 Gms. ---- PTI SAM
Smartphone industry set for smart growth in New Year; shipments likely to touch 190-200 mln
New Delhi, Dec 29 (PTI) Indian smartphone industry might have hit speed bumps on component supply crunch but the resilient sector is poised to see 190-200 million shipments in 2022 with more 5G devices vying for consumers' attention. When the pandemic forced people to stay indoors, smartphones became their window to the world, helping them [...]
Rheumatology and the Things One Needs to Care About
Coimbatore, Tamil Nadu, India – Business Wire India Rheumatological conditions/autoimmune diseases have been increasing at an alarming rate, early detection can help arrest disease progression and prevent complications. The Department of Rheumatology & Clinical Immunology at Sri Ramakrishna Hospital provides an in-depth look into various rheumatological conditions and the signs to look for to make [...]
NTPC plans to rope in strategic investor for its clean energy arm NREL
New Delhi, Dec 29 (PTI) State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official. The listing of NREL is part of the state-run power giant's overall Rs 15,000-crore divestment [...]
Easebuzz unveils New Brand Identity reflecting company’s vision of helping a Million Businesses
PUNE, India, Dec. 29, 2021 /PRNewswire/ -- In line with the evolving offerings by Easebuzz in Digital Payments and Collections space, the company announced the launch of its new visual identity and brand logo. The all-new brand identity underscores the commitment of Easebuzz to solve complex business problems around Payments Collections and Payouts. A fintech [...]
I-T dept relaxes time till Feb 2022 for taxpayers to complete verification of FY 2020 ITRs
New Delhi, Dec 29 (PTI) Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income Tax department has given a one-time relaxation to assessees. As per law, an income tax return (ITR), filed electronically without a digital signature, has to be verified electronically through [...]
Rupee trades in narrow range in early trade against US dollar
Mumbai, Dec 29 (PTI) The Indian rupee was trading in a narrow range in morning trade on Wednesday as muted domestic equities and firm crude oil prices weighed on investor sentiments. At the interbank foreign exchange, the rupee started on a tepid note at 74.69 against the dollar. It traded in a narrow band of [...]
Foxconn to rejig local mgmt at TN facility after mass food-poisoning; Apple puts unit on probation
New Delhi, Dec 29 (PTI) Apple supplier Foxconn Technology Group on Wednesday said it is restructuring its local management team, after the recent mass food-poisoning incident at Sriperumbudur factory's offsite dormitory facility. An Apple spokesperson said Foxconn's Sriperumbudur facility had been placed on probation. In a statement on Wednesday, Foxconn said that all employees will [...]
NEWSALERT
Will ensure our standards are met before Foxconn's TN facility reopens; continue to monitor conditions closely: Apple spokesperson. PTI MBI ANS ANS
NEWSALERT
Hold our suppliers accountable to highest industry standards, Foxconn's Sriperumbudur facility placed on probation: Apple spokesperson. PTI MBI ANS ANS
Sensex surges over 100 pts in early trade; Nifty tops 17,250
Mumbai, Dec 29 (PTI) Equity benchmark Sensex jumped over 100 points in early trade on Wednesday tracking gains in index-heavyweights Reliance Industries, ICICI Bank and Axis Bank. The 30-share index was trading 104.31 points or 0.18 per cent higher at 58,001.79 in opening trade. Similarly, the Nifty rose 28.45 points or 0.17 per cent to [...]
Business schedule for Wednesday, Dec 29
DELHI: * No major events listed MUMBAI: * No major events listed. PTI ANS ANS
Star.AI announces ‘SYBLE’, designed to help users make better life decisions based on Astrology
SEATTLE, Dec. 29, 2021 /PRNewswire/ -- Today, Star.AI announced the launch of its mobile app, SYBLE, an astrology-based assistant that aims to bring more clarity in people's lives and helps them make better decisions. The app beta (free for 3 months) is available on Android with iOS release coming soon, initially in the United States [...]
Hisense announces its biggest year end bonanza offer and introduces a new ‘Simple Life’ series washing machine with steam sterilization in India
- Announces special prices and limited period offer of 5-year panel warranty worth up to Rs. 15,000/- across product range - Plans to launch an exciting range of new products including Smart TV's, Washing machines, Mini refrigerators and AC's next year NEW DELHI, Dec. 28, 2021 /PRNewswire/ -- As another exciting year is coming to [...]
Waaree supplied 1.56 MW of Solar Modules to Avanti Renewable Energy Private Limited
MUMBAI, India, Dec. 28, 2021 /PRNewswire/ -- Waaree Energies, India's leading solar PV module manufacturer, has Supplied 335 Wp Poly solar modules for a project developed by Avanti Renewable Energy Private Limited. The size of the project is 1.56 MW located at Survey No- 105/2, Hothragondahalli village, Mathodu Hubbli Kerehalli Post, Chitradurga district - 577533, [...]
Sebi rules out SPAC policy to help listing of new-age tech cos
Mumbai, Dec 28 (PTI) Capital markets watchdog Sebi on Tuesday ruled out rushing into formulating SPAC (special-purpose acquisition company) policy to help global/domestic listing of new-age tech companies.The regulator said there is no pressure now, as many such firms are already being traded on the domestic bourses and also because there is a lot of [...]
PLI Scheme a game changer in attracting global firms to set up shop in India: FM
New Delhi, Dec 28 (PTI) Terming the Production Linked Incentive (PLI) Scheme as a game changer, Finance Minister Nirmala Sitharaman on Tuesday said it has helped in drawing huge investment to the country and also in building manufacturing capabilities. The scheme, announced in the Union Budget 2021-22 with an outlay of Rs 1.97 lakh crore, [...]
Over 4.67 cr ITRs filed so far, 15.49 lakh alone in single day
New Delhi, Dec 28 (PTI) Over 4.67 crore income tax returns have been filed, including more than 15.49 lakh ITRs filed on December 27 alone, the I-T department said on Tuesday.The last date for filing ITRs for the 2020-21 fiscal ended March 31, 2021, by individual taxpayers is December 31, extended from the original date [...]
New rules to bring clarity, provide legitimacy, say direct sellers
New Delhi. Dec 28 (PTI) The government's move to notify new rules for the direct selling industry would bring more clarity and provide legitimacy, direct selling companies said on Tuesday. The move will also help attract more foreign direct investment (FDI) and the latest technology in the sector in the coming times, they said in [...]
General insurers settle only third of claim amount due to natural calamities during FY21
New Delhi, Dec 28 (PTI) General insurers settled only a third of the total claim amount due to natural calamities during the financial year ended March 2021, amounting to nearly Rs 761 crore, according to data from Irdai. Catastrophic events due to cyclones and floods in 2020-21 led to the reporting of as many as [...]
Sebi tightens IPO fund utilisation norms; rules out interfering in issue pricing
Mumbai, Dec 28 (PTI) Tightening rules for initial public offering (IPO), Sebi on Tuesday decided to put a cap on the usage of issue proceeds for unidentified future acquisitions and restricted the number of shares that can be offered by selling shareholders.Also, the regulator has decided to bring under monitoring the funds reserved for general [...]
Bharti Airtel, TCS partner for 5G-based remote robotic operations
New Delhi, Dec 28 (PTI) Telecom operator Bharti Airtel and IT major Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to a joint statement. TCS during the trials has successfully tested two use cases of its Neural Manufacturing solutions on Airtel's 5G testbed in Manesar – [...]
RBI extends restrictions on PMC Bank for 3 months till March 2022
Mumbai, Dec 28 (PTI) The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small [...]
J&K Bank board appoints Baldev Prakash MD & CEO
New Delhi, Dec 28 (PTI) Jammu & Kashmir Bank on Tuesday said its board of directors has appointed Baldev Prakash as the MD & CEO for three years. The board of directors in the meeting held on December 28 has appointed Baldev Prakash as Managing Director & Chief Executive Officer of the bank for a [...]
Pharma firms to roll out anti-COVID pill shortly as DCGI approves emergency use
New Delhi, Dec 28 (PTI) With the DCGI approving the anti-COVID-19 pill Molnupiravir for emergency use in the country, Strides Pharma on Tuesday said it will launch the capsule immediately while six other homegrown pharma companies announced rolling out their generic versions of the drug shortly. Strides, Dr Reddy's, Sun Pharma, Cipla, Hetero, Torrent and [...]
Taking steps for upgradation of products by KVIB units in J&K: Sinha
Jammu, Dec 28 (PTI) Jammu and Kashmir Lieutenant Governor Manoj Sinha on Tuesday said his administration is taking steps for the upgradation of products manufactured by the Khadi and Village Industries Board (KVIB) units. Sinha was chairing a meeting to review the performance achieved under various schemes being implemented by the KVIB here, an official [...]
Govt’s total liabilities rose to Rs 125.71 lakh crore in Sep quarter: Official data
New Delhi, Dec 28 (PTI) The government's total liabilities rose to Rs 125.71 lakh crore in the September quarter from Rs 120.91 lakh crore in the three months ended June, according to the latest public debt management report. The increase reflects a quarter-on-quarter increase of 3.97 per cent in the July-September period of 2021-22. In [...]
Tata AIA Life premium income rises 23 pc to Rs 5,255 cr in H1 FY22
New Delhi, Dec 28 (PTI) Tata AIA Life Insurance has reported a 23 per cent rise in its total premium income of Rs 5,255 crore for the first half of FY22, the company said on Tuesday.The insurer had a total premium income of Rs 4,269 crore during the first half of FY21.The company continues to [...]
J&K administration signs pact with Apollo Hospitals for investment in UT
Jammu, Dec 28 (PTI) In yet another major step to boost domestic investment in Jammu and Kashmir, the Union territory government on Tuesday signed a pact with the world-renowned healthcare company Apollo Hospitals to establish a multi-specialty hospital in Jammu. In the presence of J&K Lieutenant Governor Manoj Sinha, a memorandum of understanding (MoU) was [...]
LIC seeks bids for consultancy services for its digital transformation
Mumbai, Dec 28 (PTI) The IPO-bound Life Insurance Corporation of India (LIC) has sought Expression of Interest from bidders to provide consultancy services for its digital transformation.The Expression of Interest (EoI) has been invited from eligible management and strategy consultants who can evaluate the insurer's current IT setup, map it with current trend and best [...]
Banks need to bolster capital, strengthen corporate governance: RBI
Mumbai, Dec 28 (PTI) Indian banks need to bolster their capital positions, build adequate buffers and strengthen corporate governance to deal with emerging risks as the economy recovers from the impact of the COVID-19 pandemic, a report by the Reserve Bank said. Sounding a note of caution, the RBI in its annual report on 'Trend [...]
Mukesh Ambani talks of leadership transition at Reliance; wants to accelerate the process
New Delhi, Dec 28 (PTI) Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Ambani, 64, who has previously not spoken about succession plans at the country's most valuable company, said Reliance is [...]
Centre notifies new rules for direct selling industry, bans cos from promoting pyramid schemes
New Delhi, Dec 28 (PTI) To protect consumers, the Centre on Tuesday banned direct selling companies like Tupperware, Amway and Oriflame from promoting pyramid or money circulation schemes, as it notified new rules for the industry to be complied with within 90 days. Now, such companies will also be liable for the grievances arising out of [...]
AU Small Finance Bank inducts ex-RBI deputy Governor H R Khan on its board
New Delhi, Dec 28 (PTI) AU Small Finance Bank on Tuesday said it has appointed former RBI Deputy Governor H R Khan as an independent director on its board. The appointment is for a period of three years subject to the approval of shareholders, the bank said in a statement. The appointment is part of [...]
Startups key component in journey of ‘Atmanirbhar Bharat’: Karad
Aurangabad Dec 28 (PTI) Startups in the country are the key component in the journey of 'Atmanirbhar Bharat', Union Minister of State for Finance Bhagwat Karad said on Tuesday. Startups are not all about employment, this is also about finding solutions to the problems in the country itself, the minister noted. "Startup is an important [...]
STPI centre in Meerut inaugurated by MoS IT
New Delhi, Dec 28 (PTI) Minister of State for IT Rajeev Chandrasekhar on Tuesday inaugurated the fifth software technology park in Meerut, Uttar Pradesh, and said the state is rapidly evolving as a technology and investment hub.Chandrasekhar also announced a scholarship for a ninth class student, who developed an Artificial Intelligence (AI) solution ‘Mitti ko [...]
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.
