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Cable stocks with capex plans worth ₹ 1000 Cr to keep a track on
The Indian wire and cable market is witnessing robust growth, fueled by several key drivers such as the expansion of renewable energy, advancements in smart grid technology, increasing industrialization, and supportive government initiatives. This sector, crucial for both electricity distribution and telecommunications, is growing rapidly and is poised to maintain its upward trajectory in the coming [...]
Stocks in Focus: 5 Stocks that are existing in the markets since 1947
As we celebrate Independence Day, it's important to reflect on the legacy of companies established before India gained independence in 1947. These firms have withstood the test of time, evolving into industry leaders that significantly impact our economy and daily lives. Many of us use their products regularly, often unaware of their historical significance. Beyond [...]
Pharma stocks with net profit CAGR of up to 47% in 3 years
CAGR (Compound Annual Growth Rate) is a financial term that evaluates an investment's yearly growth rate over a given time period. It smoothes growth and adjusts for compounding effects. CAGR is commonly used to assess corporate performance and investment returns, offering insight into long-term trends. Here are the 3 stocks with net profit CAGR of [...]
Vijay Kedia stocks with order book worth up to ₹ 17,901 Cr to look out for
Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring. Vijay Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large [...]
6 Stocks in which FIIs hold 2.4% stake in Q1 to keep a watch on
Foreign Institutional Investors (FIIs) have significantly increased their investments in Indian stocks in Q1. After offloading domestic equity shares worth over Rs. 34,250 crore in the initial two months of the financial year, FIIs have invested nearly Rs. 47,300 crore into the Indian equity markets from June to July. Here are some of the stocks [...]
Lotus Chocolate and other stocks that delivered multibagger returns of up to 4,700% in 3 yrs
Companies with robust financial metrics, such as high-profit growth and strong revenue increases, often gain investor confidence, leading to a rise in their stock prices. These metrics indicate a company's ability to generate earnings and sustain growth, making them attractive to investors who seek both stability and potential returns. Here is a list of a [...]
Semiconductor stocks trading at discount of up to 28% to keep on your radar
The semiconductor industry is often described as the “brain” of modern-day technology. It is the unseen tech that empowers our digital lives, enabling everything from the devices in our pockets to the cars we drive and the entire infrastructure that this interconnected world has been built upon. Listed below are some of the Semiconductor stocks [...]
Ashish Kacholia stock jumps 5% after reporting 102% QoQ increase in net profits
The shares of this smallcap company jumped around 5 percent after reporting an increase in net profits by 102 percent QoQ. The stock was listed at a premium of around 14 percent over its IPO price on May 30, 2024. Price Movement: With a market capitalization of Rs. 4,878 crores, the shares of AWFIS Space [...]
Pharma stock jumps 15% after it reports robust results and strong growth guidance
In Wednesday’s trading session, the shares of a company engaged in the business of formulation of pharmaceutical products surged by 15.7 percent to hit a new 52-week high at Rs. 217.4, after reporting financial results for Q1 FY24-25 with a rise in the net profit of 26.5 percent YoY and strong growth guidance. With a [...]
Green energy stock jumps 4% after receiving PLI of ₹ 450 Cr for Hydrogen Electrolyzer
Green Energy stock engaged in offering engineering, procurement, and construction (EPC) services for the development of solar power plants, energy storage solutions, and many more jumped 5 percent in the day’s trade upon receiving Rs. 450 Crores under PLI for Hydrogen Electrolyzer. Price Action With a market capitalization of Rs. 3,590 Crores, the shares of [...]
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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
Simplilearn Launches Job Guarantee for Data Science Learners in India
• The program is a first of its kind and will offer a 100% refund if a learner does not land a job within six months of completing the course • Learners will also have access to 1-on-1 career mentorship • Job opportunities from 2,900+ hiring partners BENGALURU, India, Dec. 17, 2021 /PRNewswire/ -- Simplilearn, [...]
Rocking Deals Associates with Harman to offer the Brand’s Unboxed Inventory JBL Professional Series to Customers
The world’s largest excess inventory and open box company continues to extend the best prices for the hottest branded products across numerous categories Delhi, India (NewsVoir) Rocking Deals, the world’s leading excess inventory brand, has associated with Harman to liquidate their unboxed inventory professional series across the numerous Rocking Deals stores in the country. The [...]
VAAN electric global launch held at EICMA motorcycle show in Italy
Kochi, Dec 17 (PTI) VAAN Electric Moto Private Limited, a lifestyle e-mobility start-up, has held its global launch at the EICMA motorcycle show in Italy. The start-up, helmed by Kerala-based Jithu Sukumaran Nair, intends to bring to the market products, including e-bikes, e-mopeds, e-scooters and even e-boats. "The start-up was born from the idea to [...]
Landmark Cars to Showcase the Latest Mercedes-Benz Vehicles in Daman
Daman | Gujarat, India (NewsVoir) For the first time ever, Daman is going to host a 2-day, exclusive Mercedes-Benz Star Showcase, organized by Landmark Cars on 18th and 19th December 2021. This is a perfect opportunity for car enthusiasts and the residents of Daman and the nearby town of Vapi to explore a range of [...]
Motilal Oswal cuts FY23 growth forecast to 6.3 pc; uncertainties exist on growth
Mumbai, Dec 17 (PTI) Stating that there is "uncertainty" on the growth trajectory, a domestic brokerage on Friday cut its FY23 real GDP expansion estimate to 6.3 per cent, among the lowest within the analyst community. The estimate is lower than the market consensus of 7.6 per cent, and the RBI's more optimistic 8-8.5 per [...]
Investors poorer by over Rs 4.65 lakh cr as markets go into tailspin
New Delhi, Dec 17 (PTI) Investors' wealth on Friday tumbled by over Rs 4.65 lakh crore as markets suffered a heavy selloff following weak global trends and continued selling by foreign institutional investors. The 30-share BSE benchmark Sensex plunged 889.40 points or 1.54 per cent to close at 57,011.74. During the day, it tumbled 950.16 [...]
Economic viability of infra projects high in India: Gadkari
Mumbai, Dec 17 (PTI) Union Minister Nitin Gadkari on Friday assured investors that the internal rate of return (IRR) of infrastructure projects in the country is very high and they should not worry about their investments in the sector. "The internal rate of return (IRR) is very high and so there is no [...]
Singapore Airlines to redeploy Airbus A380 Superjumbo to India from Jan
Mumbai, Dec 17 (PTI) Southeast Asian carrier Singapore Airlines (SIA) announced the redeployment of its Airbus A380 Superjumbo aircraft to India in a phased manner, starting January 10 next year.The aircraft will be back into operations after a 20-month break in services owing to the pandemic.Starting January 10, 2022, the A380 will replace the Airbus [...]
DIRECT EXCHANGE RATES
Mumbai, Dec 17 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE. ( ALL RATES IN RUPEES PER UNIT ). CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 75.44 76.94 75.38 77.10 EUR/INR 84.87 87.76 84.80 87.93 GBP/INR 99.92 103.07 99.84 103.28 JPY/INR 66.01 68.22 65.96 68.35 [...]
GACL and GAIL signed MoU for setting up a 500 KLD Bioethanol plant in Gujarat
VADODARA, India, Dec. 17, 2021 /PRNewswire/ -- Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited (GAIL) have joined hands to set-up a Bioethanol plant of 500 KLD capacity. The Memorandum of Understanding (MoU) for setting up a Bioethanol plant in Gujarat and cooperation in other business areas of mutual interest was signed by [...]
MONEY-MARKET-OPERATIONS
Mumbai, DEC 17, (PTI) Money Market Operations as on DEC 16, 2021 (Amount in crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment (I+II+III+IV) 521,382.12 3.80 2.00-5.75 I. Call Money 9,706.45 3.54 2.00-4.50 II. Triparty Repo 393,574.05 3.82 3.55-4.26 III. Market Repo 118,063.62 3.77 3.00-4.70 IV. Repo [...]
Business briefs
McDonald’s India – North, East and Coca-Cola partner to offer Minute Maid with Happy Meal New Delhi, Dec 17 (PTI) McDonald’s India - North and East has partnered with Coca-Cola India to offer Minute Maid Apple Juice as part of McDonald’s Happy Meal. With this addition, McDonald’s consumers can get a beverage choice with the [...]
JPC report: Industry concerned over inclusion of non-personal data, expanded localisation mandates
New Delhi, Dec 17 (PTI) Industry representatives have raised concerns on certain recommendations of the parliamentary committee on data protection bill, including those around inclusion of non-personal data and expanded data localisation mandates, and said these will harm people's rights and impact businesses. A parliamentary panel on Thursday recommended tougher norms to regulate social media [...]
NaBFID to start lending operation in first quarter of next financial year: Kamath
New Delhi, Dec 17 (PTI) National Bank for Financing Infrastructure and Development (NaBFID) Chairman KV Kamath on Friday said the newly created Rs 20,000-crore DFI would commence its lending operation in the first quarter of the next financial year.In October, the government had appointed Kamath as the chairperson of the development finance institution (DFI) for [...]
Karunamoorthi Rajangam Appointed as Vice President, Anicut Capital
Chennai, Tamil Nadu, India (NewsVoir) • In the new role, Karunamoorthi will lead investment strategies, risk profiling of new entities and asset performance for the company • Karunamoorthi joins from Northern Arc Capital where he was heading Microfinance & Gold Financial Institutions Credit Risk & Monitoring Anicut Capital, India’s leading investment firm has recently announced [...]
RateGain shares list with over 15% discount; close over 20% lower in debut trade
New Delhi, Dec 17 (PTI) Shares of RateGain Travel Technologies Ltd on Friday listed with a discount of over 15 per cent against the issue price of Rs 425 and finally settled with a decline of over 20 per cent. The stock listed at Rs 364.80, a decline of 14.16 per cent from the issue [...]
Gujarat seeks investments from Telangana industrialists
Hyderabad, Dec 17 (PTI) A high-level delegation led by Gujarat Revenue Minister Rajendra Trivedi held a roadshow in here on Friday as part of the forthcoming 10th edition of Vibrant Gujarat Global Summit (VGGS) 2022 in January. Addressing a packed hall of dignitaries, the Minister said the country has registered remarkable socio-economic development under the [...]
Benchmarks bleed as virus, taper trigger global retreat; log weekly losses
Mumbai, Dec 17 (PTI) The Sensex plummeted 889 points while the Nifty sank below the 17,000-mark on Friday, in line with a selloff in global markets as hawkish central banks and rising Omicron cases sparked a retreat from riskier assets. Continued selling by foreign institutional investors put further pressure on domestic bourses, traders said. The [...]
EXPO2020 India Pavilion Pride of Every Indian: Piyush Goyal
Dubai, United Arab Emirates (NewsVoir) India’s Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, and Leader of the House in Rajya Sabha, Shri Piyush Goyal today said that the India Pavilion at EXPO2020 Dubai is a matter of pride for all of India. Speaking at the 94th Annual General [...]
Azure Power signs 2,333 MW PPA with SECI under 4 GW projects Receives Letter of Award for Second Hybrid Project for 200 MW
NEW DELHI, Dec. 17, 2021 /PRNewswire/ -- Azure Power (NYSE: AZRE) today announced that it has signed its largest ever Power Purchase Agreements (PPAs) with Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of ISTS connected solar power projects under the 4 GW manufacturing linked projects. This follows the 600 MW [...]
Demand for digital skills surges as cos go for upskilling: Report
Mumbai, Dec 17 (PTI) As industries across sectors are upskilling to bridge the emerging skill gap, a report has revealed that the demand for digital skills such as Java, Cloud and Platform technologies has seen a surge since last quarter. The demand for talent with digital skills such as testing, platform technologies, Java, Cloud Infra, [...]
RBI Board discusses private cryptocurrencies, CBDC
Mumbai, Dec 17 (PTI) The Central Board of Reserve Bank on Friday discussed various aspects related to Central Bank Digital Currency and private cryptocurrencies. The government has proposed to bring in legislation on cryptocurrencies. It has listed Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, for consideration in the ongoing Winter Session of Parliament. [...]
Demand for digital skills surge as cos go for upskilling: Report
Mumbai, Dec 17 (PTI) As industries across sectors are upskilling to bridge the emerging skill gap, a report has revealed that the demand for digital skills such as Java, Cloud and Platform technologies has seen a surge since last quarter. The demand for talent with digital skills such as testing, platform technologies, Java, Cloud Infra, [...]
PRICES MUM BULLION OPEN
Mumbai, Dec 17 (PTI) OPENING RATES SILVER SPOT (IN RS PER kg): 61711.00 STANDARD GOLD (99.5) : 48566.00 PURE GOLD (99.9) : 48761.00 -------------------- PTI MUM SVC SHW SHW
Gold climbs Rs 398; silver zooms Rs 1,033 on global cues
New Delhi, Dec 17 (PTI) Gold price in the national capital on Friday rallied by Rs 398 to Rs 47,762 per 10 gram reflecting gains in precious metal prices in the international market, according to HDFC Securities.In the previous trade, the yellow metal settled at Rs 47,364 per 10 gram.Silver also gained Rs 1,033 to [...]
Rupee pares initial losses to close at 76.06 against dollar
Mumbai, Dec 17 (PTI The rupee pared its initial losses to settle marginally up by 3 paise at 76.06 (provisional) against the US dollar on Friday. The local unit, however, recorded its fourth weekly decline amid growing concerns over the Omicron variant of coronavirus. Firming up of crude oil prices too weighed on the local [...]
Hindalco inks pact to acquire Hydro’s aluminium extrusions business in India for Rs 247 cr
New Delhi, Dec 17 (PTI) Hindalco Industries on Friday said it has signed a definitive agreement with Norway-based Hydro to acquire the latter's India business of aluminium extrusions for an enterprise value of Rs 247 crore.The acquisition brings into the Hindalco fold, an integrated facility located at Kuppam in Andhra Pradesh, an experienced team of [...]
Govt introduces bill in LS to amend laws governing chartered, cost accountants, company secretaries
New Delhi, Dec 17 (PTI) The government on Friday introduced a bill in the Lok Sabha to amend the laws governing chartered accountants, cost accountants, and company secretaries in order to mainly strengthen the disciplinary mechanisms in place at the respective institutes.Strengthening the disciplinary mechanisms, providing provision for time-bound disposal of cases against the members [...]
Skoda to increase vehicle prices by up to 3 pc from January
New Delhi, Dec 17 (PTI) Automaker Skoda Auto on Friday said it will increase prices of its entire product range by up to 3 per cent from January 1, 2022. The company sells models like Kushaq, Kodiak, Octavia mong others in the domestic market. "The decision to increase prices from January 1, 2022, is a [...]
Hon’ble Governor of Uttar Pradesh Smt. Anandiben Patel
Calls for Youth to be Ambassadors for Sustainable Development Lucknow, 17th December, 2021: The Sustainable Development Report (SDR) 2021 was released by the Hon’ble Governor of Uttar Pradesh Smt. Anandiben Patel and discussed by the dignitaries of Lucknow on Friday, 17th December, 2021 on the occasion of the Lucknow Sustainability Conclave hosted by O.P. Jindal [...]
Skoda to increase vehicles prices by up to 3 pc from January
New Delhi, Dec 17 (PTI) Automaker Skoda Auto on Friday said it will increase prices of its entire product range by up to 3 per cent from January 1, 2022. The company sells models like Kushaq, Kodiak, Octavia mong others in the domestic market. "The decision to increase prices from January 1, 2022, is a [...]
Crude oil futures dip on weak spot demand
New Delhi, Dec 17 (PTI) Crude oil prices on Friday fell by Rs 92 to Rs 5,432 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for January delivery dropped by Rs 92, or 1.67 per cent, to Rs 5,432 per barrel with a business volume of 3,585 lots. Analysts [...]
Sensex sinks 889 pts amid broad-based selloff; Nifty closes below 17K
Mumbai, Dec 17 (PTI) Equity benchmark Sensex plummeted 889 points on Friday, weighed by an across-the-board selloff amid a negative trend in global markets and relentless foreign fund outflows. The 30-share index ended 889.40 points or 1.54 per cent lower at 57,011.74. Similarly, the NSE Nifty plunged 263.20 points or 1.53 per cent to 16,985.20. [...]
Ram Charan Co bags USD 2.2 bn order from Ghana co to supply waste to energy units
Mumbai, Dec 17 (PTI) Ram Charan Company, the Chennai-based chemicals-trader-turned-renewable energy specialist with focus on sustainable R&D, has bagged a USD 2.2 billion order from the Ghana-based Masri Company to supply waste to energy units that is expected to generate 300 MW of power in the African nation. Last month, the New York-based impact fund [...]
Silver futures rise on spot demand
New Delhi, Dec 17 (PTI) Silver prices on Friday rose by Rs 199 to Rs 62,350 per kg in futures trade as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 199, or 0.32 per cent, to Rs 62,350 per kg in 10,904 [...]
KOLKATA BULLION CLOSING
Kolkata, Dec.17(PTI) : SILVER RDY. (BAR) : Rs.62,150.00(61,400.00) Per Kg.SILVER RDY. (PORTION) : Rs.62,250.00(61,500.00) Per Kg.GOLD (24-CARAT) RDY. : Rs.49,500.00(49,000.00) Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,950.00(46,500.00) Per 10 Gms.HALLMARKED GOLD(22-CARAT) RDY. : Rs.47,650.00(47,200.00) Per 10 Gms. ---- PTI SAM
Banking services remain hit for second day
Chennai, Dec 17 (PTI): Banking services across Tamil Nadu remained hit for the second day on Friday with employees union staging a protest against the proposed privatisation of nationalised banks by the government. Several bank branches were shut following the two-day strike call given by the unions - All India Bank Employees Association (AIBEA), United [...]
Gold futures gain on spot demand
New Delhi, Dec 17 (PTI) Gold prices on Friday rose by Rs 89 to Rs 48,735 per 10 gram in futures trade as speculators created fresh positions amid firming spot demand. On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 89, or 0.18 per cent, to Rs 48,735 per 10 [...]
Aluminium futures up on spot demand
New Delhi, Dec 17 (PTI) Aluminium prices on Friday rose 0.18 per cent to Rs 220.20 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 40 paise, or 0.18 per cent, to Rs 220.20 per [...]
Zinc futures down on muted demand
New Delhi, Dec 17 (PTI) Zinc prices on Friday fell by 0.28 per cent to Rs 287.80 per kg in futures trade, as speculators reduced their exposure taking negative cues from spot market.On the Multi Commodity Exchange, zinc contracts for December delivery traded lower by 80 paise, or 0.28 per cent, to Rs 287.80 per [...]
Nickel futures gain on firm spot demand
New Delhi, Dec 17 (PTI) Nickel prices on Friday increased by 0.67 per cent to Rs 1,556.70 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 10.30, or 0.67 per cent, to [...]
Road ministry, MapmyIndia collaborate for road safety technologies
The MapmyIndia app is being developed with the help of IIT Madras and MoRTH.This app will provide a myriad of features aimed at helping users as they move around their city. It will help to report and broadcast accidents, unsafe areas, road and traffic issues on the map, and eventually improve road conditions. The Union road [...]
Copper futures rise on high spot demand
New Delhi, Dec 17 (PTI) Copper prices on Friday traded up by 0.35 per cent to Rs 744.50 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 Rs 2.60, or 0.35 per cent, to Rs 744.50 [...]
No representative from Dow Chemical appeared before court till date despite several summons: Centre
New Delhi, Dec 17 (PTI) The government on Friday informed Parliament that no representative from the US-based Dow Chemical has appeared before the Bhopal district court till date in the 1984 Union Carbide gas leak case despite several summons since 2004. In December 1984, an industrial disaster happened when Methyl Iso-cyanate (MIC), a [...]
India’s Favourite Music Destinations Radio City and JioSaavn Come Together for a Brand New Weekly Show
The special segment will be available across both platforms for their users Mumbai, Maharashtra, India (NewsVoir) Radio City, India’s leading radio network and JioSaavn, South Asia’s largest music and audio-streaming service have come together to launch a brand new weekly drive time show - ‘Nach le’ to entertain millions of their loyal listeners. The show [...]
Smartr Logistics Plans to Double Operations to 100 Cities in 2022
Mumbai | Delhi, India (NewsVoir) • Launched operations in 45 cities within 100 days of receiving seed funding • Unveils plan to hire 900 more employees in 2022, to increase its workforce to 1500 employees Mumbai headquartered Smartr Logistics, a trademark of Smart Express Private Limited, has a robust expansion plan for 2022. The company [...]
Purchase Premium Furnitech Furniture from the Bajaj Finserv EMI Store on No Cost EMI
Purchase Furnitech furniture from the Bajaj Finserv EMI Store and avail discounts, deals and attractive offers like 25% cashback upto Rs. 3000 and No Cost EMI Pune, Maharashtra, India (NewsVoir) Making expensive home decor an extremely wallet-friendly affair, the Bajaj Finserv EMI Store is offering attractive discounts and special offers on Furnitech furniture across categories [...]
More women need to embrace STEM education, have access to internet: Nykaa CEO
New Delhi, Dec 17 (PTI) More women getting access to internet and technological resources and embracing STEM education will help strengthen their participation in workforce as well as the entrepreneurial ecosystem in the country, Nykaa founder and CEO Falguni Nayar said on Friday.Speaking at the Ficci’s Annual Convention and 94th AGM, Nayar said there are [...]
HAPPILO INDIA DRIVING ITS WAY FORWARD WITH SAHIL AT THE VOLKSWAGEN POLO CHAMPIONSHIP
BANGALORE, India, Dec. 17, 2021 /PRNewswire/ -- 12th Edition of MRF MMSC Volkswagen Polo National Racing Championship was held in Chennai on the 11th and 12th December after 2 long years of the Pandemic and Virtual Racing. The event was held at the Madras Motor Racetrack where 22 drivers from across India and neighboring countries [...]
Indian School Finance Company to double coverage to 10K schools; targets Rs 500 cr disbursement next fiscal
New Delhi, Dec 17 (PTI) School-focused NBFC Indian School Finance Company (ISFC) plans to double its coverage to as many as 10,000 schools across the country and disburse loans worth Rs 500 crore in the next fiscal year. The nearly one-decade old company used to provide funding to private unaided schools in the affordable segment. [...]
UN acknowledges NTPC’s commitment towards clean energy
New Delhi, Dec 17 (PTI) State-owned power giant NTPC has received a letter of appreciation from the United Nations for its efforts and commitment towards clean energy."NTPC Ltd, India’s largest integrated energy company received a letter of appreciation from Ms Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All and UN-Energy Co-Chair, [...]
USFDA study shows Evusheld retains neutralising activity against Omicron: AstraZeneca
New Delhi, Dec 17 (PTI) Drug firm AstraZeneca on Friday said that a preclinical study has concluded that its antibody combination Evusheld for the prevention of coronavirus infection has been found to have retained neutralising activity against the Omicron variant. The study was done independently by investigators at the US Food and Drug Administration (USFDA), [...]
Tata Motors joins hands with Maha govt to set up vehicle scrappage facility
New Delhi, Dec 17 (PTI) Tata Motors on Friday said it has joined hands with the Maharashtra government to support setting up of a registered vehicle scrapping facility (RVSF) in the state. The auto major has inked a memorandum of understanding (MoU) with the state government to help set up the scrappage centre with a [...]
UP lagging behind other states in delivering renewable energy targets: Report
New Delhi, Dec 17 (PTI) Uttar Pradesh has fallen behind other power-intensive states in terms of delivering on renewable capacity targets and it needs to take urgent action to get back on track and avoid slowing down India's decarbonisation journey, says a report. A joint report by the Institute for Energy Economics and Financial Analysis [...]
Second generation Honda Amaze crosses 2 lakh cumulative retail sales mark
New Delhi, Dec 17 (PTI) Honda Cars India on Friday said the new Amaze has crossed two lakh retail sales milestone in the country. The company had introduced the second generation of the compact sedan in May 2018. The model is one of Honda's most successful models in India with cumulative deliveries of over 4.6 [...]
Bank strike continues for second day; services across Bengal hit
Kolkata, Dec 17 (PTI) Banking operations in West Bengal were severely affected for the second consecutive day on Friday as lakhs of employees and officers of public sector lenders continued their nationwide strike to protest against the Centre's move to privatise government-owned banks, officials said. Shutters of around 8,590 bank branches and most ATMs in [...]
Soybean futures slip on muted demand
New Delhi, Dec 17 (PTI) Soybean prices on Friday fell by Rs 90 to Rs 6,441 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for December delivery fell Rs 90, or 1.38 per cent, to Rs 6,441 per quintal [...]
Hyundai Motor appoints Unsoo Kim as Managing Director in India
New Delhi, Dec 17 (PTI) South Korean auto major Hyundai Motor Company on Friday announced a top level change in its Indian operations with Unsoo Kim slated to take over as Managing Director from January 1, 2022. Unsoo Kim, currently with the parent company in South Korea, will replace Seon Seob Kim (SS Kim) who [...]
Refined soya oil futures fall on low demand
New Delhi, Dec 17 (PTI) Refined soya oil prices on Friday fell Rs 1.6 to Rs 1,191.3 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 December declined by Rs 1.6, or 0.13 per cent, [...]
Guar Seed futures decline on low demand
New Delhi, Dec 17 (PTI) Guar seed prices on Friday went down by Rs 31 to Rs 6,162 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading at Rs 6,162 down by Rs 31, or 0.5 per cent per 10 quintal with an [...]
Airtel prepays Rs 15,519 cr to DoT to clear all deferred liabilities for 2014 spectrum
Bharti Airtel has paid ₹15,519 Crores to the DoT pertaining to the 128.4 MHz spectrum acquired in 2014 for a consideration of ₹19,051crores.This will help it in saving approximately ₹3,400 crores during the residual life for fully substituted capital.It is channelling investments towards its 4G and 5G footprints.Share of Bharti Airtel closed at Rs 666.45 [...]
BGE-VEGETABLES
Bengaluru, Dec 17 (PTI) Following are today's Vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), Rates per Quintal. Cauliflower 1000-5000, Brinjal 400-6000, Tomato 400-6500, Bitter Gourd 2777-5500, Bottle Gourd 2000-4000, Ash Gourd 1000-2000, Green Chilly 300-7820, Banana green 1400-3500, Beans 400-7000, Green Ginger 600-5000, Carrot 1500-7100, Cabbage 1000-5000, Ladies Finger 300-8500, Snakegourd 1500-4900, Beetroot [...]
EKI Energy Services, Shell Overseas to form JV for emission reduction via nature-based solutions
New Delhi, Dec 17 (PTI) Carbon credit developer and supplier EKI Energy Services and Shell Overseas Investments BV have joined hands for a joint venture for carbon emission reduction through nature-based solutions in India. According to a statement, the joint venture will work on the conservation, enhancement and restoration of natural ecosystems such as forests, [...]
Guar gum futures fall on low demand
New Delhi, Dec 17 (PTI) Guar gum prices on Friday fell Rs 44 to Rs 11,240 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 44 or 0.39 per cent, [...]
SKA group to invest Rs 400cr over next 5 yrs to build housing project in Noida
New Delhi, Dec 17 (PTI) Realty firm SKA Group will invest Rs 400 crore over the next five years to develop a luxury housing project in Noida, Uttar Pradesh. The company has launched its new project 'SKA Orion', spread over 3.5 acres land parcel and comprising 508 units, on Noida Expressway, according to a statement. [...]
Coriander futures rise on demand
New Delhi, Dec 17 (PTI) Coriander prices on Friday rose Rs 100 to Rs 8,742 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for January delivery went up Rs 100, or 1.16 per cent, to Rs 8,742 per [...]
Pvt market investments account for 18% of asset allocation for family offices, UHNIs in 2021
18% of the wealth of UHNIs is being allocated to private market investments by their family offices.They prefer seed investments owing to quality top management, the presence of a strong business moat and high growth market opportunity.Fintech, enterprise tech, consumer tech, healthcare, edtech and agritech were the top sectors of choice. 18% of the overall [...]
Fittr’s CEO and Founder Jitendra Chouksey Urges the Community to get Fit with his 10yearchallenge
Pune, Maharashtra, India (NewsVoir) Reigniting the zeal of fitness in people, Fittr’s CEO and Founder has started #10yearchallenge for fitness. Fittr’s community and fitness enthusiasts have also jumped on the wagon with JC and continue to share their mind-blowing ten-year transformations. Fittr, a community first platform, has been witnessing some jaw dropping inspiring photos of [...]
Cottonseed oil futures fall on soft demand
New Delhi, Dec 17 (PTI) Cottonseed oil cake prices on Friday declined by Rs 14 to Rs 2,850 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. [...]
BGE-COMMODITIES’
Bengaluru, Dec 17 (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 2000-2500: Medium 1400-1800: Onion Big 2500-3000: Medium 1500-2500: Small 500-1500: Tamarind 8500-15000: Garlic 4000-9000: Horsegram 3600-4500: Wheat 2800-3200 Turmeric 8000-15000: Turdhal [...]
Plaxonic Launches Hyperlocal Super App Evobee to Revolutionize Local Logistics Space
New Delhi, Delhi, India (NewsVoir) • Your one stop solution for all services & goods • All your daily needs delivered at your doorstep on the same day, with easy returns & exchange Leading ITES Company Plaxonic today launched one-of-its-kind hyperlocal super app Evobee to address various challenges of the conventional logistics sector, while connecting [...]
WOXSEN UNIVERSITY UNVEILS 4 MEGA FACILITIES AT ITS 200-ACRE LEARNING ACADEMIA
- An Expansive Library and Self-Learning Centre, The Iconic Bloomberg Finance Lab, Mega Sports Arena & High-Tech Academic Block HYDERABAD, India, Dec. 17, 2021 /PRNewswire/ -- Woxsen University, regarded as one of the premier private universities in Telangana, is recognized for its State-of-the-Art Facilities, unleashing the well-equipped high-end additions at its 200-acre learning academia located [...]
Arogya World recognizes 14 new companies as 2021 ‘Healthy Workplaces’ at its flagship conference
P&G and Cummins celebrated as 2021 Platinum Healthy Workplaces BENGALURU, India, Dec. 17, 2021 /PRNewswire/ -- Arogya World, a non-profit organization working to prevent noncommunicable diseases (NCDs) through health education and lifestyle change, announced its 2021 Healthy Workplaces in India. At its flagship annual Healthy Workplace Conference and Awards event, the organization recognized 14 new [...]
Linde to invest over Rs 28cr to source renewable energy
Kolkata, Dec 17 (PTI) The board of directors of Linde India has approved a proposal for aggregate capital expenditure of Rs 28.7 crore for sourcing renewable power for its merchant air separation units. The company, in a statement, said it will enter into joint venture agreements with identified solar power generating companies through special purpose [...]
PVR Pictures CEO pins hope on ‘Spider-Man: No Way Home’,says cinema business firmly on recovery path
Mumbai, Dec 17 (PTI) Roaring success of tentpole Hollywood and Bollywood films coupled with regional movies has brought the Indian entertainment business back into action after a long hiatus and ongoing battle with COVID-19 pandemic, believes Kamal Gianchandani, CEO PVR Pictures.For the last two years, the cinema business not only in India but worldwide has [...]
KOLKATA BULLION OPENING
Kolkata, Dec.17(PTI): SILVER RDY (BAR) : Rs.61,400.00 Per Kg.SILVER RDY(PORTION) : Rs.61,500.00 Per Kg.GOLD (24-CARAT) RDY. : Rs.49,000.00 Per 10 Gms.GOLD (22-CARAT) RDY. : Rs.46,500.00 Per 10 Gms.HALLMARKED GOLD (22-CARAT) RDY. : Rs.47,200.00 Per 10 Gms. ---- PTI SAM
B&B Infrastructure partners with Houzbay Consulting for their uber-luxurious project, Opulent Spire
BENGALURU, India, Dec. 17, 2021 /PRNewswire/ -- Recently, CBRE South Asia had announced the findings of its 'India Market Monitor 2021' report that discussed the growth, trends, and dynamics across various segments in the real estate sector in India. It observed that the sustained attractive mortgage regime and government incentives have led to a strong [...]
Veeam Software appoints Anand Eswaran as CEO
New Delhi, Dec 17 (PTI) Data management solutions provider Veeam Software has appointed Anand Eswaran as its new Chief Executive Officer (CEO) and a member of the Board of Directors. He succeeds William H Largent (Bill Largent), who will step down as CEO to focus on his role as Chairman of the Board of Directors, [...]
Bengal govt asks banks to look into complaints under student credit scheme
Kolkata, Dec 17 (PTI) The West Bengal government has asked banks to address students' complaints as they alleged that lenders are "harassing" them while processing loans under a state-run scheme, an official said on Friday. They accused several banks of "cancelling applications or delaying the processing of loans" under the Student Credit Card programme, he [...]
Supermicro Announces World’s First TPCx-HCI Benchmark Result
Supermicro, AMD, and VMware Collaborate to Deliver Unprecedented Performance for HCI Database Workloads SAN JOSE, Calif., Dec. 16, 2021 /PRNewswire/ -- Super Micro Computer, Inc. (SMCI), a global leader in high-performance computing, storage, networking solutions, and green computing technology, announces the first published TPCx-HCI benchmark result, with a measured performance of 4,790.18 tpsHCI at $49.60/tpsHCI. [...]
99 coal mines for commercial mining put on sale
The government has launched the fourth round of auction of coal mines.The commencement of the sale of tender document will start on Thursday, through a two-step transparent online process.Currently, there are a total of 99 mines, and a few more are to be added to the list.It is looking forward to self-reliance in the coal [...]
ProcessMAP Releases Construction Industry’s First End-to-End Software and Data Analytics Platform to Keep Workers Safe
Construction companies can now leverage ProcessMAP's 100% mobile software platform to keep workers safe. FT. LAUDERDALE, Fla., Dec. 16, 2021 /PRNewswire/ -- ProcessMAP Corporation, the leading digitization and process transformation platform that empowers customers to minimize their Health, Safety, and Environmental (HSE) risks, announced today that after more than two years of co-innovating breakthrough solutions [...]
RateGain shares list with over 15 pc discount
New Delhi, Dec 17 (PTI) Shares of RateGain Travel Technologies Ltd on Friday listed with a discount of over 15 per cent against the issue price of Rs 425. The stock listed at Rs 364.80, a decline of 14.16 per cent from the issue price on the BSE. It further tumbled 19.45 per cent to [...]
Omega Healthcare Earns UiPath Automation Excellence Award
BOCA RATON, Fla., Dec. 16, 2021 /PRNewswire/ -- Omega Healthcare has been awarded a UiPath Automation Excellence Award for Special Recognition in Process Automation. The UiPath Automation Excellence Awards aim to recognize and celebrate the game changers of Automation in various categories. Omega Healthcare took the prize in the category of Industry-specific Process Automation: Healthcare. [...]
Collegedekho.com forays into Ed-FinTech
- Aims to provide end-to-end financing support for students studying within India or even abroad - The facility covers almost1000 colleges across India and aims at covering 2500+ colleges in the upcoming academic year ensuring access to even the smallest towns GURUGRAM, India, Dec. 17, 2021 /PRNewswire/ -- CollegeDekho, India's largest college admissions and higher [...]
Rupee falls 14 paise to 76.23 against US dollar in early trade
Mumbai, Dec 17 (PTI) The rupee declined by 14 paise to 76.23 against the US dollar in opening trade on Friday, as muted domestic equities and persistent foreign fund outflows weighed on the local unit. Forex traders said growing concerns over the Omicron variant of coronavirus and its impact on economic recovery as well as [...]
Bank strike continues for second day; services across country hit
New Delhi, Dec 17 (PTI) Lakhs of employees of public sector banks continued their strike on the second day on Friday as well to protest against proposed privatisation of banks by the government impacting normal operation across the country. Shutters of branches across many parts of the country on Friday were down following the strike [...]
Meta disables 7 ‘surveillance-for-hire’ entities, alerts 50,000 users
New Delhi, Dec 17 (PTI) Meta (formerly Facebook) on Friday said it has disabled seven 'surveillance-for-hire' entities, including one from India, that targeted individuals including politicians, election officials, human rights activists and celebrities in over 100 countries on behalf of their clients. Surveillance-for-hire companies target people to collect intelligence, manipulate and compromise their devices and [...]
WNS Recognized as a ‘Leader’ in Life, Annuities & Pension Services By NelsonHall
Mumbai, Maharashtra, India & London, United Kingdom & New York, United States – Business Wire India WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as an overall ‘Leader’ in Life, Annuities & Pension (LA&P): Operational Transformation in NelsonHall’s 2021 NEAT evaluation. [...]
Firmenich Announces Pure Imagination as 2022 Color of the Year-Inspired Fragrance Collection
GENEVA, Dec. 16, 2021 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, is excited to announce Pure Imagination, a new collection of fragrances inspired by Pantone® Color of the Year 2022, PANTONE® 17-3938 Very Peri. The new Pure Imagination Collection unveils the sensory partnership Firmenich has created with global color authority Pantone, illustrating [...]
Business schedule for Friday, Dec 17
DELHI: * NITI Aayog Vice-Chairman Rajiv Kumar at launch of job portal for persons with disability (1500 hrs) * FICCI 94th AGM - Nykaa CEO Falguni Nayar (1150 hrs) - NaBFID Chairman K V Kamath (1220 hrs) - TED founder Chris Anderson (1750 hrs) * Telecom Secretary at Satcom Industry Association conference (1400 hrs) MUMBAI: [...]
Sensex tumbles over 300 pts in early trade; Nifty slips below 17,200
Mumbai, Dec 17 (PTI) Equity benchmark Sensex slumped over 300 points in early trade on Friday, tracking losses in index majors Reliance Industries, HDFC twins and Kotak Bank amid a negative trend in global markets and persistent foreign fund outflow. The 30-share index declined 319.82 points or 0.55 per cent to 57,581.32 in the opening [...]
Parcos Beauty Influencer Awards, 2022 – To award and celebrate influencers in India across beauty, lifestyle, and luxury
• Announcing a first-of a kind influencer award ceremony that gratifies influencers for excellence with 23 awards across 4 categories. An inclusive programme that covers the entire influencer landscape. • Launch of Parcos.com Beauty Influencer Award microsite -- now open for registration at influencerawards.parcos.com. Branded hashtag - #ParcosBeautyInfluencerAwards • 3-tiered judging criteria audited by leading [...]
TVS Motor Company Launches Marvel Spider-Man, and Thor Inspired TVS NTORQ 125 Scooters under the SuperSquad Edition
Hosur, Tamil Nadu, India (NewsVoir) TVS Motor Company, a globally reputed two-wheeler and three-wheeler manufacturer has announced the launch of Marvel Spider-Man and Thor inspired scooters under the TVS NTORQ 125 SuperSquad Edition. The new scooters will join the SuperSquad Edition inspired by Marvel Super Heroes – Iron Man, Black Panther, and Captain America launched [...]
Par panel recommends more accountability of social media platforms, non-personal data regulation
New Delhi, Dec 16 (PTI) A parliamentary panel on Thursday recommended tougher norms to regulate social media platforms by holding them accountable for the content they host, while asserting that it is imperative to store data in India and restrict access to it by categorising it as sensitive and critical personal data. It recommended widening [...]
Microsoft service users duped, fake call centre busted by TN police
Chennai, Dec 16 (PTI) A section of users of technology giant Microsoft's services across the world were cheated and they were coerced to pay for bogus 'services' by a fake call centre here, cyber crime police said here on Thursday.Three men, who are directors of a firm, identified as 'iTrope Technologies' that operated from Ambattur [...]
Indiabulls Housing Fin promoter sells 12 pc stake to make it professionally managed firm
New Delhi, Dec 16 (PTI) Sameer Gehlaut, promoter of Indiabulls Housing Finance, on Thursday sold a nearly 12 per cent stake in the firm through promoter companies to make it a fully professionally managed entity. "I have sold 11.9 per cent in the company with a view to make the company a fully professionally managed [...]
Microsoft service users duped, fake call centre busted by TN police
Chennai, Dec 16 (PTI) A section of users of technology giant Microsoft's services across the world were cheated and they were coerced to pay for bogus 'services' by a fake call centre here, cyber crime police said here on Thursday.Three men, who are directors of a firm, identified as 'iTrope Technologies' that operated from suburban [...]
Pakistan is ‘bankrupt’, says former chairman of apex tax authority
Karachi, Dec 16 (PTI) The former chairman of Pakistan's Federal Board of Revenue Shabbar Zaidi has said that the country is "bankrupt" and it is better to recognise the reality than "living in illusion". Zaidi -- who was chairman of the apex tax authority from May 10, 2019 to January 6, 2020 -- also called [...]
Most Indian firms able to pay back on artificial intelligence investments in 2 years: Survey
New Delhi, Dec 16 (PTI) Most Indian companies (two-thirds of the total respondents) have shared that they are able to pay back on investment in artificial intelligence (AI) within two years, according to a survey done by audit and consultancy firm Deloitte. Deloitte surveyed over 300 senior executives between April 2021 and July 2021 in [...]
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