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Nuclear stock jumps 9% after company aims 15% share of BPCL’s ₹ 1.7 Lakh Cr expansion plan
The shares of this microcap company surged around 8 percent in Wednesday’s trading session after strong management guidance. On a YTD basis, the stock has delivered more than a 20 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 605 crores, the shares of Sealmatic India Ltd started Wednesday’s trading session [...]
EV stock jumps 5% after receiving PLI of 18% for its EV and auto components
EV stock engaged in manufacturing electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames jumped upto 5 percent in the day’s trade upon receiving the PLI incentive of upto 18 percent for its operations. Price Action With a market capitalization of Rs. 60,772 Crores, the shares of [...]
Defence stock jumps 3% after signing MoU with Indian Navy
The shares of this PSU company jumped around 3 percent in Wednesday's trading session after signing an MoU with the Indian Navy to Boost Indigenous Marine Engineering. In one year, the stock has delivered more than 80 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 16,115 crores, the shares of [...]
Stocks in which promoter and FII sold stake in the companies
Promoters sell their stakes in companies for various reasons such as raising cash, market valuation, regulatory compliance, investment opportunities and much more. While the sale of shares by promoters can often raise concerns among investors about the company's future, it is crucial to analyse the context and reasons behind such sales. In some cases, selling [...]
PSU stock gets sell call for downside of 40%; Do you hold it?
A public sector undertaking involved in hydroelectric power generation and transmission stock fell by nearly 1.2 percent following the sell rating recommendation by Goldman Sachs. Share Price Variation In Wednesday’s trading session, the share price of SJVN (Satluj Jal Vidyut Nigam) Limited reached an intra-day low of Rs.136.9 per share from its previous close of [...]
Infra stock jumps 4% after Tata mutual fund buys stake in the company
Infra stock engaged in the business of offering Engineering, Procurement, and Construction (EPC) services for highways, metros, railways, and many more jumped 4 percent in the day’s trade after Tata invests in the company and received a work order worth Rs. 781 Crores Price Action With a market capitalization of Rs. 10,468 Crores, the shares [...]
Ashish Kacholia stock jumps 3% after receiving order worth ₹ 20.3 Cr for electrical conductor
In Wednesday’s trading session, the shares of a company engaged in the business of power and infrastructure development surged 3.6 percent to Rs. 2,010 on BSE, after securing a work order worth Rs. 20.3 crores for Engineering, Procurement, and Construction (EPC) work. With a market capitalisation of Rs. 1,995.6 crores, at 10:56 a.m., the shares [...]
Dolly Khanna makes ₹ 25 Cr in just 2 yrs after stock delivers 420%; Do you own it?
The share price of this company, which specializes in manufacturing lead, alloys, and plastic additives, has surged an impressive 418 percent since the investment by renowned investor Dolly Khanna, boosting her investment value by Rs.25 crore in two years. Share Price Movement The share price of Pondy Oxides and Chemicals Limited reached a 52-week high [...]
Stocks under ₹ 5 that received orders worth ₹ 60 Cr from Reliance Industries
Recently, two penny stocks have gained attention after securing substantial orders from Reliance Industries Ltd. These developments reflect their growing capabilities and potential in the competitive market, especially given Reliance's stature as a leading conglomerate in India. Listed below are the two penny stocks that recently received orders from Reliance Industries Ltd: IFL Enterprises Ltd [...]
3 Stocks to buy now for an upside of 30%; Do you own it?
Emerging markets offer promising investment opportunities due to strong economic fundamentals and technological advancements. Investing in cable and EV stocks is compelling as demand for sustainable infrastructure and clean energy rises, aligning with global trends toward decarbonization and innovation. Here are a few high-potential Cable and EV stocks with up to 30 percent upside potential [...]
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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 [...]
5 Stocks that supply defence equipments to Israel to keep an eye on
The geopolitical tensions involving Israel, Iran, and Gaza are characterized by Iran's animosity toward Israel and its support for militant groups like Hamas and Hezbollah, which engage in hostilities against Israel. This led to airstrikes, military & political outrage, loss of life, and more leading to fear of global war among other nations. Listed below [...]
Latest Market News

Business briefs
*1,000 KTM 390 Adventure bikes sold in Bengaluru since launch Mumbai, Dec 22 (PTI) Premium Motorcycle brand KTM, part of the Bajaj Auto, has sold 1,000 of its KTM 390 Adventure bikes in Bengaluru since the launch of the model in the country. KTM 390 Adventure was KTM's entry into the emerging adventure motorcycles market [...]
Queen’s University Vice-Chancellor awarded honorary doctorate by leading Indian university
NEW DELHI, Dec. 22, 2021 /PRNewswire/ -- The Vice-Chancellor of Queen's University Belfast has been awarded an honorary doctorate by Amity University Uttar Pradesh in India for his vast experience, distinctive achievements and contribution to academia. Professor Ian Greer attended the hybrid graduation ceremony virtually from Belfast and was awarded the Doctor of Philosophy honoris [...]
Rupen Jhaveri appointed Group President of Piramal Enterprises
Mumbai, Dec 22 (PTI) Piramal Enterprises Limited (PEL) on Wednesday announced the appointment of Rupen Jhaveri as its Group President, with primary focus on financial services. In the newly created role, Jhaveri will be responsible for business development, strategy, merger and acquisition, capital allocation and corporate finance. The appointment is effective January 24, 2022, the [...]
Social Alpha launches mach33.aero along with NRDC, NAL to nurture start-ups in aerospace engg
Mumbai, Dec 22 (PTI) Tata Trusts-supported initiative Social Alpha, along with the National Research Development Corporation (NRDC) and CSIR-National Aerospace Laboratories (NAL), on Wednesday announced the launch of mach33.aero, an incubation platform to nurture start-ups in the aerospace engineering sector. mach33.aero will develop a support ecosystem for nurturing start-ups in aerospace and allied engineering housed [...]
Shop for Danube Home Furniture on the Lowest EMIs on the Bajaj Finserv EMI Store
Purchase a wide variety of Danube Home furniture pieces from the Bajaj Finserv EMI Store and avail 25% cashback upto Rs. 3,000 Pune, Maharashtra, India (NewsVoir) In a bid to assist customers in purchasing the ideal furniture pieces for their homes, the Bajaj Finserv EMI Store is extending lucrative deals, discounts and offers on furniture [...]
Cabinet clears MoU between India, Mauritius competition regulators
New Delhi, Dec 22 (PTI) The Union Cabinet on Wednesday approved signing of a pact between Competition Commission of India (CCI) and Competition Commission of Mauritius (CCM). An official release said the Memorandum of Understanding (MoU) between the two regulators is aimed at promoting and strengthening of co-operation in competition law and policy through exchange [...]
Cabinet gives nod for MoU between ICAI, Polish Chamber of Statutory Auditors
New Delhi, Dec 22 (PTI) The Union Cabinet on Wednesday gave its nod for the signing of a Memorandum of Understanding (MoU) between chartered accountants' apex body ICAI and the Polish Chamber of Statutory Auditors (PIBR). The MoU aims to strengthen cooperation in the matters of study and application of new innovative methods in the [...]
Appropriate public issue pricing crucial; i-bankers need to follow rules in letter, spirit: Tyagi
SEBI Chairman Ajay Tyagiurged merchant bankers to engage in wider consultations and maintain a balance between issuers’ aspirations and investors’ interests.Listing prices of a few IPOs saw a steep slump as compared to their issue price.It may be an opportune time for AIBI to reflect upon and review the standards of due diligence adopted by [...]
India displaces UK to be 3rd top country hosting unicorns
Mumbai, Dec 22 (PTI) Adding 33 'unicorns' in a single year has helped India displace the United Kingdom to be third in the list of countries that are home to such enterprises valued at over USD 1 billion each, according to a report released on Wednesday. India was placed fourth when it comes to the [...]
Kerala based Asianet Satellite Communications files for Rs 765cr IPO papers
New Delhi, Dec 22 (PTI) Leading internet service provider Asianet Satellite Communications Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 765 crore through an initial share sale. The initial public offering (IPO) consists of a fresh issue of equity shares aggregating to Rs 300 crore, and an offer for sale [...]
CavinKare forays into quick service restaurant biz with Jango’z
New Delhi, Dec 22 (PTI) FMCG player CavinKare on Wednesday announced its foray into the quick service restaurant (QSR) segment under the Jango'z brand with plans to set up over 100 outlets across India by 2026. The company, which has opened the first Jango'z outlet in Chennai, is aiming over Rs 150 crore revenue from [...]
Investors richer by over Rs 6.56 lakh cr in two days of market rally
New Delhi, Dec 22 (PTI) Investors' wealth jumped by Rs 6,56,828.59 crore as stock markets continued the rally for a second day on Wednesday. The 30-share BSE benchmark index zoomed 611.55 points or 1.09 per cent to 56,930.56. During the day, the benchmark jumped 670 points to 56,989.01. The market capitalisation of BSE-listed companies also [...]
Foxconn’s Bharat FIH files Rs 5,000-cr IPO papers with Sebi
New Delhi, Dec 22 (PTI) Bharat FIH, a subsidiary of FIH Mobiles and a Foxconn Technology Group company, has filed preliminary documents with markets regulator Sebi to raise over Rs 5,000 crore through an initial public offering (IPO). The public issue comprises fresh issue of shares worth Rs 2,502 crore and an offer for sale [...]
ShopX Launches Its Consumer Savings Platform; Says – It’s the Time to Digitize the Offline World
Bangalore, Karnataka, India – Business Wire India Having made a significant impact to over 2 lakh retailers across India with its eB2B model, ShopX has now launched its Consumer-centric value discovery and transactions platform which connects brands and small retailers directly to consumers across multiple categories. Key features of this platform: 1. Partners with brands [...]
ABB India Wins in Smart Factory and Manufacturing Excellence Categories at the Frost & Sullivan India Awards
Bengaluru, Karnataka, India – Business Wire India • ABB India won the Gold Award for Manufacturing excellence in the Engineering Sector - Large Business, and is among the top three in the Smart Factory Awards • The Bengaluru factory plays a key role in manufacturing a vast range of ABB’s Smart Power portfolio and is [...]
Monthly rentals in co-living properties down 10-25 % post COVID: Report
New Delhi, Dec 22 (PTI) The average monthly rentals in co-living properties, including student housing, declined by 10-25 per cent across major after the outbreak of the COVID pandemic, according to property consultant Colliers India. In its whitepaper 'Future of Co-living in India', Colliers India mentioned that the number of beds fell to 1.3-1.4 lakh [...]
Sebi allows InVITs, REITs to conduct unitholders’ annual meetings virtually till Jun 2022
New Delhi, Dec 22 (PTI) Markets regulator Sebi on Wednesday allowed infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) to conduct annual meetings of their unitholders and other meetings through videoconferencing and other audio-visual means till June 30, 2022. The circular came after Sebi received representations from REITs/InvITs to further extend the facility [...]
PRICES MUM GENERAL
MUMBAI, DEC 22 (PTI) CLOSING RATES SILVER SPOT (IN RS PER KILO) : 61520.00 STANDARD GOLD (99.5) : 47912.00 PURE GOLD (99.9) : 48105.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61550.00 RS. PER KG.SILVER RDY.(PORTION) : 61650.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48750.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46250.00 RS. [...]
IFFCO Tokio General Insurance appoints H O Suri as MD
New Delhi, Dec 22 (PTI) Private sector IFFCO-TOKIO General Insurance on Wednesday said it has appointed H O Suri as new managing director and Chief Executive Officer. Prior to this, Suri was director of marketing and Chief Investment Officer, the general insurance company said in a statement. He started his professional journey in the year [...]
Ninety One gets Rs 225 cr from A91 Partners, others
Mumbai, Dec 22 (PTI) Active lifestyle and sustainable mobility startup Ninety One has raised USD 30 million (about Rs 225 crore) from A91 Partners, Avaana Capital, Titan Capital and others.Of the total fund infused, A91 Partners pumped in Rs 160 crore and the rest has been contributed by Fireside Ventures, Avaana Capital and Titan Capital, [...]
Sensex, Nifty extend gains for second session; RIL leads charge
Mumbai, Dec 22 (PTI) Equity benchmarks darted up for the second session on the trot on Wednesday, mirroring a rebound in world stocks despite the looming threat of the Omicron variant. A sustained recovery in the rupee, which advanced for the fifth straight day, further boosted sentiment, traders said. The 30-share BSE Sensex rallied 611.55 [...]
MX Playback 2021 comes with a perfect mix of thrillers, drama and romance at a device near you!
Binge the most loved and iconic series’ streaming on MX Player in this curated line up Watch the best shows of your favorite actors like Ravi Dubey, Prateik Babar, Anuja Sathe and others only on MX Playback 2021 Mumbai: Almost two years into the pandemic, 2021 has been a hard-hitting year across the world but [...]
HKU teams develop the first anti-COVID-19 stainless steel
HONG KONG, Dec. 22, 2021 /PRNewswire/ -- The project team led by Professor Mingxin HUANG at the Department of Mechanical Engineering of the Faculty of Engineering of the University of Hong Kong (HKU), in collaboration with Professor Leo Lit Man POON's research team at the Centre for Immunity and Infection of the LKS Faculty of [...]
PE firm Motilal Oswal Real Estate plans to invest Rs 1,000 crore by March in realty projects
New Delhi, Dec 22 (PTI) Motilal Oswal Real Estate (MORE), the real estate private equity arm of Motilal Oswal Group, on Wednesday said it has committed investments of Rs 1,200 crore during the last 18 months across various projects and plans to invest Rs 1,000 crore more by March next year. In a statement, MORE [...]
Sri Lanka sacks agriculture secretary, a day after he warned of food crisis
Colombo, Dec 22 (PTI) The Sri Lankan government on Wednesday sacked the country's top bureaucrat handling the crucial agriculture sector, a day after he warned of an impending food shortage due the ongoing economic and social crisis in the country. President Gotabaya Rajapaksa has removed agriculture secretary Prof Udith Jayasinghe and appointed DMLD Bandaranayake in [...]
Rupee rises for fifth straight day, ends 5 paise up at 75.54 against USD
Mumbai, Dec 22 (PTI) The rupee appreciated by 5 paise to close at 75.54 against the US dollar in range-bound trade on Wednesday, extending gains for a fifth straight session helped by firm domestic equity markets. Lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers [...]
Amazon seeks to acquire complete control of Prione
New Delhi, Dec 22 (PTI) E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. Prione Business Services was formed in 2014 and was coming up for renewal on May 19, 2022. In August this year, Amazon and NR Narayana Murthy's [...]
HP announces local manufacturing of multiple PC products
Chennai, Dec 22 (PTI) Technology major HP was expanding its Make in India product portfolio with the commencement of manufacturing laptops, desktops and monitors at its facility near here, the company said on Wednesday. "HP today announced local manufacturing of multiple PC products including laptops in India. Powering the Make in India initiative of the [...]
Tata Steel UK plant helps build world’s largest offshore wind farm
London, Dec 22 (PTI) Steel made at Tata Steel’s Port Talbot plant in Wales is behind the world’s largest offshore wind farm due to be completed by 2026, the Indian steel major said on Wednesday. The Dogger Bank Wind Farm, capable of providing green energy for 6 million homes in the UK, will make use [...]
CG Power and Industrial Solution says liquidation of its arm CG Ganz completed
New Delhi, Dec 22 (PTI) CG Power and Industrial Solutions on Wednesday said the liquidation of its arm CG Ganz has been completed and its name has been deleted from the records of the local authority in Hungary where it was registered. Earlier this year, the company had informed the bourses about the approval of [...]
Over 1.16 lakh road accidents, about 48K deaths on national highways in 2020: Govt
New Delhi, Dec 22 (PTI) A total of 1,16,496 road accidents occurred on national highways (NHs), including expressways, in 2020, causing 47,984 deaths, Parliament was informed on Wednesday. In 2019, a total of 1,37,191 accidents had taken place on NHs, including expressways, which resulted in 53,872 deaths, according to a written reply to the Rajya Sabha [...]
Protest: Paid holiday declared till Sunday for smartphone manufacturing unit in TN
Chennai, Dec 22 (PTI) The management of a firm, engaged in manufacturing of electronic parts for smartphones, has declared paid holiday for a week till Sunday to its employees after some women workers resorted to a protest on December 18 over a fallout of food poisoning at a company provided accommodation, government sources said on [...]
Thailand alters entry rules for Indian travellers amid rising Omicron cases
Mumbai, Dec 22 (PTI) The Tourism Authority of Thailand on Wednesday said it has altered the entry rules for Indian travellers entering the Southeast Asian country from different entry points, except for Phuket, due to rising Omicron cases. Phuket remains open for Indians under the Phuket Sandbox scheme; and in this programme, travellers will only [...]
Airtel Business, IBM deploy hybrid cloud solution for 5 milk producer companies
Bengaluru, Dec 22 (PTI) Airtel Business, the B2B unit of Bharti Airtel (Airtel), and IBM have collaborated to deploy a hybrid cloud solution for a group of Milk Producer Companies (MPCs) created by NDDB Dairy Services. The solution that leverages Airtel Cloud and IBM Power servers, will host the ERP and other key applications to [...]
Business briefs
1,000 KTM 390 Adventure bikes sold in Bengaluru since launch Mumbai, Dec 22 (PTI) Premium Motorcycle brand KTM, part of the Bajaj Auto, has sold 1,000 of its KTM 390 Adventure bikes in Bengaluru since the launch of the model in the country. KTM 390 Adventure was KTM's entry into the emerging adventure motorcycles market [...]
Asian development Bank approves loans worth USD 1.543 billion to Pakistan
Islamabad, Dec 22 (PTI) The Asian Development Bank (ADB) on Wednesday signed six financing loans to cash-strapped Pakistan worth USD 1.543 billion, to help reform and upgrade the country's energy sector, roads, civic and health infrastructure. The agreements were signed by Pakistan Secretary Economic Affairs Mian Asad Hayauddin and ADB Country Director Yong Ye at [...]
Technology bringing disruption in fin services sector, need for level-playing field: Kamath
New Delhi, Dec 22 (PTI) Veteran banker K V Kamath on Wednesday exhorted the banking industry to pitch for a level-playing field with technology-driven new age players, saying that the rise of technology has led to disruption in the financial services sector. He said that bankers should make a case with the regulator for a [...]
Sensex jumps 612 pts; Nifty ends above 16,950
Mumbai, Dec 22 (PTI) Equity benchmark Sensex surged 612 points on Wednesday, tracking gains in index majors Reliance Industries, ICICI Bank and L&T amid a positive trend in global markets. The 30-share index jumped 611.55 points or 1.09 per cent to end at 56,930.56. Similarly, the NSE Nifty advanced 184.60 points or 1.10 per cent [...]
Rupee gains 5 paise to end at 75.54 against US dollar
Mumbai, Dec 22 (PTI) In a range-bound session, the rupee appreciated by 5 paise to close at 75.54 (provisional) against the US dollar on Wednesday as a firm trend in domestic equities boosted investor sentiments. Besides, lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers [...]
Need to have unified portal for grievance redressal to strengthen ease of governance: Panda
New Delhi, Dec 22 (PTI) Financial Services Secretary Debasish Panda on Wednesday suggested having one unified portal for grievance redressal with a view to further strengthen ease of governance. He also made a case for use of technology like artificial intelligence to pin point the exact deficiency in grievance redressal mechanism. Forms on Centralised Public [...]
Liquidator appointed for winding up of Adarsh Credit Coop Society: Shah
New Delhi, Dec 22 (PTI) Various irregularities have been reported in the functioning of Ahmedabad-based Adarsh Credit Cooperative Society and a liquidator has been appointed for winding up of the Society, Cooperation Minister Amit Shah on Wednesday informed Parliament. In his written reply to a query to the Rajya Sabha, Shah said various irregularities including [...]
Gold tanks Rs 145; silver declines Rs 397
New Delhi, Dec 22 (PTI) Gold in the national capital on Wednesday dipped by Rs 145 to Rs 47,093 per 10 gram in-line with weak global precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 47,238 per 10 gram. Silver also declined by Rs [...]
India Book of Records Ends the Year on a High Note
New Delhi, Delhi, India (NewsVoir) India Book of Records has reasons to celebrate the year-end with-it applicants pouring in fresh entries each day. Hundreds of applications processed day in and day out result in getting the records created and published in our annual book. These record holders inspire and provide fresh insights to us at [...]
METAL PRICES ( CORREC)
MUMBAI, DEC 22 (PTI) METAL PRICES:- COPPER COPPER CABLE SCRAP 726.00 COPPER HEAVY SCARP 718.00 COPPER ARMATURE (CREDIT) 694.00 COPPER UTENSIL SCRAP 632.00 C.C. ROD 775.00 BRASS BASS SHEET CUTTING 544.00 BRASS UTENSIL SCRAP 478.00 BRASS HONEY 465.00 ALUNINIUM ALU. UTENSIL SCRAP 176.00 ALU. EXT SCRAP 200.00 ALU. INGOTS. 224.00 OTHER GUN METAL SCRAP 520.00 [...]
PRICES MUM METAL PRICES
MUMBAI, DEC 22 (PTI) METAL PRICES:- COPPER COPPER CABLE SCRAP 726.00 COPPER HEAVY SCARP 718.00 COPPER ARMATURE (CREDIT) 694.00 COPPER UTENSIL SCRAP 632.00 C.C. ROD 775.00 BRASS BASS SHEET CUTTING 544.00 BRASS UTENSIL SCRAP 478.00 BRASS HONEY 465.00 ALUNINIUM ALU. UTENSIL SCRAP 176.00 ALU. EXT SCRAP 200.00 ALU. INGOTS. 224.00 OTHER GUN METAL SCRAP 520.00 [...]
MUMBAI, DECEMBER 22, (PTI)
MUMBAI OILSEEDS PRICES- OILS (per 10 Kgs) G.Nut Raw 1290.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1180.00 Sunflower Exp.Ref. 1260.00 Cottonseed(Refined) 1160.00 Refined Palm Oil 1135.00 Soyabean Ref. 1175.00 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 1950.00 Castor Comm. [...]
Crude oil futures dip on weak spot demand
New Delhi, Dec 22 (PTI) Crude oil prices on Wednesday fell by Rs 34 to Rs 5,387 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for January delivery dropped by Rs 34, or 0.63 per cent, to Rs 5,387 per barrel with a business volume of 6,575 lots. Analysts [...]
Zypp Electric ties up with Flo Mobility to expand footprint in autonomous electric vehicles space
Mumbai, Dec 22 (PTI) Hyperlocal and EV-based last-mile delivery start-up Zypp Electric has partnered with Flo Mobility to expand its footprint in the autonomous electric vehicles space, with the collaboration focussing on deliveries in the Delhi-NCR region, according to a statement released said on Wednesday. Zypp said it aims at providing autonomous navigation solutions for [...]
Silver futures ease on low demand
New Delhi, Dec 22 (PTI) Silver futures on Wednesday dropped by Rs 79 to Rs 61,726 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for March delivery tumbled by Rs 79, or 0.13 per cent, to Rs 61,726 per kg in a business turnover of 11,723 [...]
Amazon to acquire full stake in JV Prione Business Services
New Delhi, Dec 22 (PTI) E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. In August, Amazon and NR Narayana Murthy's Catamaran had announced that they will not continue their joint venture, Prione Business Services, beyond May 2022. "Prione Business [...]
L&T Construction bags significant order from reputed developer
New Delhi, Dec 22 (PTI) Larsen & Toubro (L&T) on Wednesday said its construction arm has bagged a significant order for its buildings and factories business from a reputed developer. The scope of work includes design and construction of entire civil structure, including waterproofing, masonry, plastering and electrical conduiting, L&T said in a statement. The [...]
Aluminium futures up on spot demand
New Delhi, Dec 22 (PTI) Aluminium prices on Wednesday rose by 0.79 per cent to Rs 224.25 per kg in futures trade as speculators built up fresh positions amid a positive trend in spot market. On the Multi Commodity Exchange, aluminum contracts for December delivery gained Rs 1.75, or 0.79 per cent, to Rs 224.25 [...]
KOLKATA BULLION CLOSING
Kolkata,Dec.22(PTI): SILVER RDY.(BAR) : Rs.61,550.00(61,500.00) Per Kg. SILVER RDY.(PORTION) : Rs.61,650.00(61,600.00) Per Kg. GOLD (24-CARAT) RDY. : Rs.48,750.00(48,850.00) Per 10 Gms. GOLD (22-CARAT) RDY. : Rs,46,250.00(46,350.00) Per 10 Gms. HALLMARKED GOLD(22-CT) RDY.: Rs.46,950.00(47,050.00) Per 10 Gms. ---- PTI SAM
Zinc futures edge up on robust demand
New Delhi, Dec 22 (PTI) Zinc prices on Wednesday rose by Rs 2 to Rs 288 per kg in futures trade, tracking a firm trend in physical markets. On the Multi Commodity Exchange, zinc contracts for December traded higher by Rs 2, or 0.7 per cent, to Rs 288 per kg with a business turnover [...]
Modenik Announces Post Merger Leadership Team
Bengaluru, Karnataka, India (NewsVoir) Modenik Lifestyle Pvt. Ltd has announced its leadership team following the close of the merger. Modenik is the entity formed post the merger of two Advent International portfolio companies in the essential clothing category - Dixcy Textiles Pvt. Ltd (Dixcy Scott brand) and Gokaldas IntimatewearPvt. Ltd (parent company of brand Enamor). [...]
Nickel futures gain on firm spot demand
New Delhi, Dec 22 (PTI) Nickel prices on Wednesday increased by 0.37 per cent to Rs 1,548.20 per kg in futures trade, as speculators built up fresh positions amid rising demand from alloy makers in spot market. On the Multi Commodity Exchange, nickel contracts for December delivery gained Rs 5.70, or 0.37 per cent, to [...]
HP starts manufacturing laptops, desktops in India
New Delhi, Dec 22 (PTI) Tech giant HP on Wednesday said it has started manufacturing of multiple PC products, including laptops, in India. Powering the 'Make in India' initiative of the Government of India, HP has started manufacturing multiple models of laptops, desktop towers and mini desktops at the Flex facility in Sriperumbudur near Chennai, [...]
Copper futures rise on high spot demand
New Delhi, Dec 22 (PTI) Copper prices on Wednesday traded up by 0.08 per cent to Rs 747 per kg in futures market on the back of a pick-up in spot demand. On the Multi Commodity Exchange, copper contracts for delivery in December traded higher by 60 paise, or 0.08 per cent, to Rs 747 [...]
Fittr Announces Dhyan Suman as the Grand Prize Winner of the Transformation Challenge of 2021
Bags cash prize of INR 1 crore Pune, Maharashtra, India (NewsVoir) World’s largest community-first online health and fitness brands, Fittr, today announced the grand winner of its 2021 Transformation Challenge (TC). The jury selected Dhyan Suman from Jaipur as the winner from the top 10 competitors shortlisted from each challenge conducted in 2021, including TC [...]
IIM Lucknow and Apollo Medskills jointly Launch Executive Programme in Healthcare Management
New Delhi, Delhi, India (NewsVoir) Apollo Medskills and IIM Lucknow today have decided to join hands and announce the beginning of a relationship between the two institutions with a unique perspective to benefit the healthcare fraternity. The first of many, under this initiative they have launched an Executive Programme in Healthcare Management. Speaking on the [...]
ABB India board okays creating arm to divest turbocharger biz for Rs 310 cr
New Delhi Dec 22 (PTI) ABB India on Wednesday said its board has decided to incorporate a wholly-owned subsidiary to which it will sell its turbocharger business for Rs 310 crore.In June 2021, ABB India had informed bourses regarding its proposal to divest/sell its turbocharger business in the Process Automation business segment.A regulatory filing stated, [...]
Monthly rentals in co-living properties down 10-25 % post COVID: report
New Delhi, Dec 22 (PTI) The average monthly rentals in co-living properties, including student housing, declined by 10-25 per cent across major after the outbreak of the COVID pandemic, according to property consultant Colliers India. In its whitepaper 'Future of Co-living in India', Colliers India mentioned that the number of beds fell to 1.3-1.4 lakh [...]
Renu Electronics Announces the Acquisition of Phoenix Contact HMI IPC Technology GmbH to Form Renu Electronics GmbH in Filderstadt, Germany
Mumbai, Maharashtra, India (NewsVoir) Renu Electronics has announced the acquisition of Phoenix Contact HMI IPC Technology GmbH to form Renu Electronics GmbH. This will be a 100% owned subsidiary in Germany. Renu Electronics now gets to add 50 more members to its increasing base of manufacturing and engineering capabilities in Europe. Phoenix Contact and Renu [...]
BGE-COMML-VEGETABLES
Bengaluru, Dec 22 (PTI) Following are today's Vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), Rates per Quintal. Cauliflower 1000-5000, Brinjal 800-6700, Tomato 450-6200, Bitter Gourd 3000-7000, Bottle Gourd 1700-4500, Ash Gourd 1000-1800, Green Chilly 300-8260, Banana green 500-20000, Beans 400-6500, Green Ginger 750-4000, Carrot 1800-8000, Cabbage 1500-4600, Ladies Finger 350-8500, Snakeguard 1500-4000, Beetroot [...]
The Forecast for 2022 is Bright Skies as AkzoNobel Springs a Colourful Surprise for Over 1300 School Children in New Delhi
New Delhi, Delhi, India (NewsVoir) AkzoNobel India, the leading global paints and coatings company and maker of Dulux, has brought new cheer and bright skies as a new year gift for the young students of government SDMC Pratibha School in Jonapur, New Delhi. With a passion to add colour in people’s lives under its ‘Let’s [...]
BGE-COMML-COMMODITIES
Bengaluru, Dec 22 (PTI) Following are today's commodities prices (All rates in Rs/quintal): Rice Fine 4400-5000: Medium 4000-4800: Jowar 2200-2600: Jaggery cube 4700-4900: Jaggery ball 4600-4800: Coriander Seed 9000-13000: Chilies fine 26000-28000: Potato Big 2500-3000: Medium 1800-2200: Onion Big 3000-3500: Medium 2000-3000: Small 1000-2000: Tamarind 8500-15000: Garlic 4000-8000: Horsegram 3600-4500: Wheat 2800-3200 Turmeric 8000-15000: Turdhal [...]
A study by the Gamaleya Center published at MedRxiv preprint server shows Sputnik Light booster after Sputnik V vaccination induces robust neutralizing antibody response to Omicron variant of COVID
MOSCOW, Dec. 22, 2021 /PRNewswire/ -- • The Gamaleya Center's preliminary laboratory study shows that Sputnik V demonstrates high virus neutralizing activity (VNA) against the Omicron (B.1.1.529) variant and is expected to provide strong defense against severe disease and hospitalization. • The study was conducted using sera with a long period after vaccination (more than [...]
Skit Named as a Cool Vendor in Gartner Cool Vendors in Conversational and NLT Widen Use Cases, Domain Knowledge and Dialect Support
Bengaluru, Karnataka, India – Business Wire India Leading voice AI Company, Skit, announced that it’s been named as Cool Vendor based on the November 12, 2021 report titled, “Cool Vendors in Conversational and NLT Widen Use Cases, Domain Knowledge and Dialect Support” by Anthony Mullen, Magnus Revang, Van Baker, and Adrian Lee at Gartner Inc. [...]
Freight train linking Pakistan, Iran and Turkey begins operations after 10-year hiatus
Islamabad, Dec 22 (PTI) A freight train service linking Pakistan, Iran and Turkey, which was suspended for more than 10 years, has been re-launched to improve regional connectivity and unlock trade potential between the three countries, media reports said on Wednesday. The three countries also plan to launch a passenger train service on the same [...]
Tata Medical develops fast-testing solution for COVID-19
New Delhi, Dec 22 (PTI) Tata Medical & Diagnostics on Wednesday said it has indigenously developed a fast-testing solution for COVID-19 to significantly boost India's testing capacity amid the Omicron variant threat.The solution, Tata MD CHECK Express RT-PCR, can be applied in multiple areas where quick, high volume, and reliable testing is required, such as [...]
Freight train linking Pakistan, Iran and Turkey begins operations after 10-year hiatus
Islamabad, Dec 22 (PTI) A freight train service linking Pakistan, Iran and Turkey, which was suspended for more than 10 years, has been re-launched to improve regional connectivity and unlock trade potential between the three countries, media reports said on Wednesday. The three countries also plan to launch a passenger train service on the same [...]
Zydus Cadila gets USFDA nod for generic drug
New Delhi, Dec 22 (PTI) Drug firm Zydus Cadila on Wednesday said it has received approval from the US health regulator to market Pimavanserin tablets, used in the treatment of certain mental disorders, in the American market. The company has received tentative approval from the US Food and Drug Administration (USFDA) to market Pimavanserin tablets [...]
Hyundai joins hands with ace golfer Aditi Ashok
New Delhi, Dec 22 (PTI) Hyundai Motor India on Wednesday said it has tied up with ace golfer Aditi Ashok.Under the two-year partnership, Ashok will be representing the brand in the national and international tournaments.Through this association, the company aims to strengthen the brand's voice, spirit and innovative approach to further prioritise customer interests, and [...]
ITC’s Master Chef frozen snacks joins hands with Havmor Ice Cream to enhance distribution
New Delhi, Dec 22 (PTI) Diversified business entity ITC on Wednesday said its Master Chef frozen snacks has entered into a strategic partnership with Havmor Ice Cream, owned by South Korean conglomerate Lotte group, to enhance distribution reach. The partnership will enable ITC Master Chef to leverage 100 Havmor Ice Cream carts to make available [...]
Hero Electric ties up with HDB Financial Services for retail finance
New Delhi, Dec 22 (PTI) Hero Electric on Wednesday said it has tied up with HDB Financial Services, a non-banking financial company (NBFC), to offer easy financing options for the purchase of electric scooters. The collaboration will enable customers to avail hassle-free loans with minimum documentation on their desired electric scooter, Hero Electric said in [...]
Soybean futures rise on fresh bets
New Delhi, Dec 22 (PTI) Soybean prices on Wednesday rose by Rs 14 to Rs 5,920 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 gained Rs 14, or 0.24 per cent, to Rs 5,920 per quintal with an open [...]
Refined soya oil futures fall on low demand
New Delhi, Dec 22 (PTI) Refined soya oil prices on Wednesday fell Rs 1 to Rs 1,144 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in January declined by Rs 1, or 0.09 per cent, [...]
Over 25,000 compliances reduced so far: DPIIT Secy
New Delhi, Dec 22 (PTI) Over 25,000 compliances have been reduced by Union ministries, states and UTs so far to further improve ease of living and doing business, a top government official said on Wednesday.These compliances were reduced during the last phase of an initiative that ended on August 15 this year.Now, the Department for [...]
Guar seed futures rise on fresh bets
New Delhi, Dec 22 (PTI) Guar seed prices on Wednesday rose by Rs 6 to Rs 6,090 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend at spot market. On the National Commodity and Derivatives Exchange, guar seed for January contracts increased by Rs 6, or 0.1 per [...]
Guar gum futures gain on spot demand
New Delhi, Dec 22 (PTI) Guar gum prices on Wednesday gained Rs 53 to Rs 10,950 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for January delivery traded higher 0.49 per cent, or Rs 53, to Rs 10,950 per [...]
Coriander futures decline on low demand
New Delhi, Dec 22 (PTI) Coriander prices on Wednesday fell by Rs 78 to Rs 8,690 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 78, or 0.89 per cent, to Rs 8,690 per quintal [...]
Cottonseed oil futures fall on soft demand
New Delhi, Dec 22 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 28 to Rs 2,769 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 [...]
1.32 crore candidates trained, oriented till Nov 21 under PMKVY
New Delhi, Dec 22 (PTI) As many as 1.32 crore candidates were trained and oriented across the country as on November 21 this year under Pradhan Mantri Kaushal Vikas Yojana (PMKVY), Parliament was informed on Wednesday. Under Skill India Mission, the skill development ministry is implementing PMKVY with an objective to impart short duration skill [...]
Nanoprecise Achieves ATEX and IECEx Zone 0 Certification
BANGALORE, India, Dec. 22, 2021 /PRNewswire/ -- Predictive Maintenance Solution Provider - Nanoprecise Sci Corp is now fully certified for Hazardous and explosive industrial atmospheres The present Industrial IoT companies working in hazardous conditions not only need to protect their machines, but also need to secure the safety of their workers. A slight spark, for [...]
SAS and Goa Institute of Management’s 3rd Bitathon Harnesses Data to Solve Problems for the Modern World
Focus on using data to analyse customer grievances around financial products Mumbai, Maharashtra, India – Business Wire India SAS and Goa Institute of Management (GIM) recently concluded the third edition of the Bitathon, a platform for aspiring minds to analyse data and solve problems for the modern world. The annual Data Analytics and Mining Championship [...]
PRICES MUM GENERAL
MUMBAI, DEC 22 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO) : 61393.00 STANDARD GOLD (99.5) : 47932.00 PURE GOLD (99.9) : 48125.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61500.00 RS. PER KG.SILVER RDY.(PORTION) : 61600.00 RS. PER KG.GOLD (24 CARAT) RDY. : 48850.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46350.00 RS. [...]
Singapore Airlines not to accept bookings for VTL flights till Jan 20
Mumbai, Dec 22 (PTI) Southeast Asian carrier Singapore Airlines on Wednesday said it will not accept bookings for all its flights under Vaccinated Travel Lane (VTL) mechanism till January 20 next year.The development, which comes in the wake of the Singapore government's directive to suspend new ticket sales on designated VTL flights for entry into [...]
DIRECT EXCHANGE RATES-SBI
MUMBAI, DEC 22 (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 74.80 76.30 74.74 76.46 EUR/INR 83.74 86.61 83.67 86.78 GBP/INR 98.59 101.72 98.51 101.92 JPY/INR 65.12 67.32 65.06 67.45 [...]
KOLKATA BULLION OPENING
Kolkata, Dec.22(PTI): SILVER RDY (BAR) : Rs.61,500.00 Per Kg.SILVER RDY(PORTION) : Rs.61,600.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.48,850.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,350.00 Per 10 Gms.HALLMARKED GOLD (22-CARAT) RDY. : Rs.47,050.00 Per 10 Gms. ---- PTI SAM
Central Bank of India, U GRO tie up for co-lending; aim to disburse Rs 1,000 cr to MSMEs
Mumbai, Dec 22 (PTI) State-run Central Bank of India and U GRO Capital Wednesday signed a co-lending agreement and plans to disburse up to Rs 1,000 crore to medium, small and micro enterprises (MSMEs) over the next 12 months. The disbursement will be to U GRO Capital's varied MSME segments under its programs - Pratham, [...]
MUMBAI, Dec 22, (PTI) Money Market Operations as on December
21, 2021 (Amount in ? crore, Rate in Per cent) MONEY MARKETS@ Volume WEIGHTE (One Leg) Aerage Rate Range A. Overnight Segment 4,95,233.77 3.58 1.50-5.65 I. Call Money 10,534.33 3.54 1.50-4.00 II. Triparty Repo 3,79,885.20 3.56 3.10-3.78 III. Market Repo 1,04,761.24 3.69 2.75-4.80 IV. Repo in Corporate Bond 53.00 5.65 5.65-5.65 B. Term Segment I. [...]
OYO appoints Nirdosh Chouhan as Senior VP; Kranthi Mitra as Senior Principal Data Scientist
New Delhi, Dec 22 (PTI) Hospitality firm OYO on Wednesday said it has appointed ex-Apple executive Nirdosh Chouhan as Senior Vice President of Engineering and former Swiggy official Kranthi Mitra Adusumilli as Senior Principal Data Scientist.Chouhan, who has over 18 years of industry experience, will spearhead OYO's Core Engineering Platform that plays a critical role [...]
Monster.com raises about Rs 137 crore in funding led by Akash Bhanshali, Mohandas Pai
New Delhi, Dec 22 (PTI) Business services provider Quess Corp on Wednesday said group firm Monster.com, an online talent platform, has raised up to Rs 137.5 crore in a funding round led by Akash Bhanshali of Volrado Venture Partners and Mohandas Pai of Meridian Investments.Quess Corp also participated in the funding round.After the funding round, [...]
Singapore enhances safety measures at airport as Omicron spreads overseas
Singapore, Dec 22 (PTI) Singapore has enhanced safety measures for all airport workers who interact with arriving passengers at the Changi Airport here amidst the rapid spread of the Omicron variant overseas, the country’s civil aviation authority said on Wednesday. According to the Civil Aviation Authority of Singapore (CAAS), airport workers who interact with passengers, [...]
Unbox Robotics raises USD 7 million in Series-A round
Bengaluru, Dec 22 (PTI) Supply chain robotics technology company Unbox Robotics announced on Wednesday it raised USD seven million in a Series-A round led by 3one4 Capital with participation from Sixth Sense Ventures and Redstart Labs (Info Edge). The round also saw participation from Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit [...]
Central Bank of India, U GRO Capital ink co-lending deal, aim Rs 1,000 cr disbursal
Bengaluru, Dec 22 (PTI) MSME lending fintech platform, U GRO Capital on Wednesday announced that it has signed a co-lending agreement with Central Bank of India. Under this partnership, the two entities aim to disburse up to Rs 1000 crore to U GRO Capital's varied MSME segments under its programmes like Pratham, Sanjeevani, Saathi, GRO [...]
Gates urges people to get vaccinated as Omicron could usher in ‘worst part of pandemic’
Bill Gates cancelled his holiday plans and urged people to get vaccinated, amid surging Omicron cases. This will help people from getting seriously ill or dying.73% of the total COVID cases are from the new variant, however, people are reluctant, sceptical or opposed to getting vaccinated.The total number of coronavirus cases stand at 276,235,990 and [...]
Greenway Health Names Pratap Sarker as Chief Executive Office
Pratap Sarker to succeed Richard Atkin as CEO of Greenway Health, Atkin to transition to the role of Executive Chairman of the Greenway Health Board BANGALORE, India, Dec. 22, 2021 /PRNewswire/ -- Greenway Health announces its Board of Directors has named Pratap Sarker as Chief Executive Officer effective January 1, 2022. Mr. Sarker, who has [...]
Gates urges people to get vaccinated as Omicron could usher in ‘worst part of pandemic’
New York, Dec 22 (PTI) Microsoft co-founder Bill Gates has urged people to get their vaccinations done quickly to prevent them from getting seriously ill, as he warned that surging Omicron variant cases could usher in “the worst part of the pandemic".The Omicron variant of the coronavirus is spreading faster than the Delta variant and [...]
Greenway Health Names Pratap Sarker as Chief Executive Office
Pratap Sarker to succeed Richard Atkin as CEO of Greenway Health, Atkin to transition to the role of Executive Chairman of the Greenway Health Board BANGALORE, India, Dec. 22, 2021 /PRNewswire/ -- Greenway Health announces its Board of Directors has named Pratap Sarker as Chief Executive Officer effective January 1, 2022. Mr. Sarker, who has [...]
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