#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Stock under ₹ 2 hits 5% upper circuit after receiving order worth ₹ 60 Cr from Reliance Industries
The shares of this microcap company locked a 5 percent upper-circuit after receiving an order worth over Rs. 600 million from Reliance Industries Ltd. Price Movement: With a market capitalization of Rs. 89.5 crores, the shares of IFL Enterprises Ltd started Monday’s trading session on a lower note at Rs. 1.10 compared to its previous [...]
Vijay Kedia stock falls 5% after reporting 85% QoQ decrease in net profits
Vijay Kedia owned Automobile stock engaged in manufacturing and selling auto-rickshaws declined nearly 5 percent to Rs.655.1 per share following decrease in net profits of 85 percent quarter-on-quarter. Price Movement The share price of Atul Auto Ltd. dropped nearly 5 percent, falling from its previous close of Rs.686.95 to an intraday low of Rs.655.10 on [...]
Textile stock hits 20% upper circuit after receiving export order worth ₹ 115.50 Cr
The shares of this microcap company locked a 20 percent upper circuit in Monday’s trading session after receiving an export order worth Rs. 115.50 crores. The company was listed on the NSE SME on February 23, 2024, at an issue price of Rs. 45 per share. Upon listing, the shares were initially priced at Rs. [...]
PSU stock jumps 3% after it receives contract worth ₹ 4,676 Cr from ONGC
The shares of the leading defence company gained 3 percent after the company received a significant contract from Oil and Natural Gas Corporation Ltd worth Rs 4,676 crore. Mazagon Dock Shipbuilders Ltd has a market capitalization of Rs 1.01 lakh crore, the shares were trading at Rs 4,990.00 per share, increasing around 2 percent as [...]
Ashish Kacholia stock hits 5% upper circuit after posting 99% YoY increase in net profits
Gold stock held by Ashish Kacholia engaged in designing and manufacturing a wide range of pieces of jewellery hit a 5 percent upper circuit upon posting a 99 percent jump in Net Profits in Q1FY25. Price Action With a market capitalization of Rs. 3,123 Crores, the shares of Sky Gold Limited hit a 5 percent [...]
Solar pump stock hits 5% upper circuit after receiving order worth ₹ 8.50 Cr from Uttarakhand Govt
The shares of this small-cap stock hit 5 percent upper circuit after the company received a new work order from Minor Irrigation Department, Uttarakhand worth Rs 8.50 crore. Shakti Pumps (India) Ltd has a market capitalization of Rs 9,130.00 crore, the shares were trading at Rs 4,622.00 per share, increasing around 2.06 percent as compared [...]
Stock falls 19% after company goes bankrupt and to delist from stock market
The National Company Law Tribunal (NCLT) has ordered initiating insolvency proceedings against this leading coffee brand, over a default of Rs.228 crore according to a petition filed by IDBI Trusteehip Services Ltd. Following the announcement, Coffee Day Enterprises Ltd’s (CDEL) share price dropped by 19.5 percent, reaching an intra-day low of Rs.37.55 per share in [...]
Agrochemical stock jumps 14% after its net profit increases by 1,657% QoQ
The shares of this microcap company surged by 14 percent in Monday’s trading session after reporting an increase in net profit by 1,657 percent QoQ. In one year, the stock has delivered more than 100 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 68.2 crores, the shares of Super Crop [...]
Green energy stock jumps 9% after reporting ₹ 50 Cr profit against loss of ₹ 65 Cr pervious year
The shares of the leading wind energy solutions provider surged by 9%, reaching ₹189.90 per share, following the company's announcement of a ₹50 crore net profit, marking a significant turnaround from the loss reported in the same quarter last year. At 11:23 a.m, Inox Wind Ltd shares were trading at ₹184.10 per share, up 5.68 [...]
Tata group stock jumps 10% after its net profit increases by 203% in Q1
TATA Group stock an India-based air conditioning and engineering solutions provider jumped upto 10 percent in the day’s trade upon posting its Q4FY24 results with a 203 percent jump in Net Profits. Price Action With a market Capitalization of Rs. 50,780 Crores, the shares of Voltas Limited were trading at Rs. 1,518.75 per equity share, [...]
News Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
Latest Market News
FHRAI urges govt to include hotel tourism sector in NIP
New Delhi, Dec 14 (PTI) Hospitality industry apex body FHRAI on Tuesday said it has asked the Finance Ministry to include hotels and tourism related sectors in the National Infrastructure Pipeline (NIP) so as to enable the COVID-19 hit sector to avail of funds with extended repayment periods at a low rate of interest. In [...]
PRICES MUM BULLION CLOSING
Mumbai, Dec 14 (PTI) CLOSING RATES SILVER SPOT (IN RS PER kg) : 60885.00 STANDARD GOLD (99.5) : 48019.00 PURE GOLD (99.9) : 48212.00 --------------------- PTI MUM SVC SHW SHW
Phoenix Marketcity Pune Organizes the Biggest Community Toy Donation Drive in the Country
Announces a community toy donation drive for underprivileged children Pune, Maharashtra, India (NewsVoir) Pune is set to witness the country’s biggest ‘Toy Donation Drive’. Phoenix Marketcity Pune in association with Kotak bank- the official banking partner, RED FM - the official radio partner, My Gate - the official community partner, Ink & Drink - the [...]
Dr. Shefali Bhujbal Showcases her First Exhibition ‘Anavarnam’ – Unveiling the Passion
The exhibition is on at Bombay Art Society, Bandra till 19th December Mumbai, Maharashtra, India (NewsVoir) A journey in abstracts, a freshly found passion, and there's a new artist in town. Dr. Shefali Bhujbal, a dilettante artist, has displayed her artworks in the Bombay Art Society, Bandra, until 19th of December. This exhibition, marks the [...]
Marwari Catalysts in Association with ACIC Vivekananda Global University Invites Applications for its Accelerator Cohort Program, Exclusively for AgriTech Startups
Jodhpur, Rajasthan, India (NewsVoir) Marwari Catalysts Ventures in association with ACIC Vivekananda Global University, Jaipur is calling in applications from AgriTechStartups for its cohort program, ‘Thrive 4.0’ from across the country. Following the success of the last cohorts with EdTech and D2C startups, Marwari Catalysts is extremely delighted to support another group of extraordinary entrepreneurs [...]
Normalisation of international flights will depend on Omicron situation: Scindia
New Delhi, Dec 14 (PTI) Normalisation of international flight services will depend on the Omicron scenario and authorities concerned will watch the situation as it unfolds, Union Civil Aviation Minister Jyotiraditya Scindia said on Tuesday. On November 26, aviation regulator DGCA decided to restart scheduled commercial international flights to and from India from December 15. [...]
Kerala govt writes to RBI to withdraw caution notice on use of word ‘bank’ by co-op societies
New Delhi, Dec 14 (PTI) The Reserve Bank of India has received a letter from the Kerala government requesting for withdrawal of caution notice issued by the central bank regarding use of word 'bank' by some cooperative societies, the government said on Tuesday. In a written reply to the Lok Sabha, Cooperation Minister Amit Shah [...]
Five Indian brands in top 100 global powers of luxury goods list
Five Indian brands are in the top 100 global powers of luxury goods list. While Titan from Tata Group moved up three places to rank 22nd and being among the top 20 fastest-growing luxury goods companies, four other homegrown brands, Kalyan Jewellers, Joyalukkas, PC Jewellers, and Tribhovandas Bhimji Zaveri Ltd, have been ranked 37th, 46th, [...]
123 persons arrested for misuse of officials’ credentials to get enrolled under PM-KISAN: Centre
New Delhi, Dec 14 (PTI) As many as 123 persons have been arrested so far this year for the misuse of credentials of block and district officials to approve the application of ineligible farmers under the PM-KISAN scheme, Parliament was informed on Tuesday.Under the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN), eligible marginal farmers are [...]
Anand Rathi Wealth shares jump over 6 pc in debut trade
New Delhi, Dec 14 (PTI) Shares of Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi, on Tuesday settled with over 6 per cent gains against its issue price of Rs 550. The stock made its debut at Rs 602.05, a gain of 9.46 per cent from the issue price on the [...]
Hotel Roopa Elite in the Heritage city, Mysore goes green
BANGALORE, India, Dec. 14, 2021 /PRNewswire/ -- Emmvee has commissioned a very unique Solarizer Solar water heating system and solar rooftop project at Hotel Roopa Elite, a luxury boutique hotel located in Mysore. Mysore is a heritage city in Karnataka situated at the foothills of Chamundi Hills. The city attracts a large number of tourists [...]
ARECA-COCONUT-PRICES
Mangaluru, Dec 14 (PTI) Following are today's Areca and Coconut prices. Areca (per QTL) Old Supari : Rs 49000 to Rs 53000 model Rs 51500 New Supari : Rs 37500 to Rs 43500 model Rs 42000 Koka : Rs 35000 to Rs 40000 model Rs 37500 Coconut (per thousand): 1st qlty : Rs 20000 to [...]
Napino in strategic tie up with US firm for oxygen sensor tech
Mumbai, Dec 14 (PTI) Automotive component designing and manufacturing firm Napino Auto and Electronics on Tuesday said it has formed a strategic partnership with US-based Kerdea Technologies Inc for oxygen sensor technology. Oxygen sensors will cater to the needs of the domestic automobile industry in BS-VI regime and the upcoming On Board Diagnostic (OBD2) norms, [...]
Sensex slips for third day on inflation, Omicron woes; ITC top laggard
Mumbai, Dec 14 (PTI) The BSE Sensex continued its downward trajectory for the third consecutive session on Tuesday as spiking inflation and global concerns over the Omicron variant sapped risk appetite. A weakening rupee and unabated foreign fund outflows added to the gloom, traders said. The 30-share benchmark declined 166.33 points or 0.29 per cent [...]
Chitkara University Organizes World’s First AI-technology based ‘HACKDAY 2021’
Chandigarh, India (NewsVoir) Giving a boost to technological innovation, Chitkara University, Himachal Pradesh, organised “HACKDAY 2021” under its Entrepreneurship Cell (E-Cell) ‘JAZBA’, which has been formed under the aegis of Chitkara University Centre for Entrepreneurship Education & Development (CEED). The event provided the students a platform to explore their potential as 17 teams of potential [...]
COMMODITY-PRICES
Mumbai, Dec 13 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 717.00 COPPER HEAVY SCRAPS 710.00 COPPER ARMATURE (CREDIT) 690.00 COPPER UTENSILS SCRAP 631.00 CC ROD 769.00 BRASS :- BRASS SHEET CUTTING 543.00 BRASS UTENSIL SCRAP 481.00 BRASS HONEY 470.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]
Bengal likely to achieve FY’22 revised credit target to MSME: official
Kolkata, Dec 14 (PTI) The West Bengal government's revised credit target to MSME sector of Rs 1.02 lakh crore in FY'22 is achievable, and in the first half of the current fiscal, credit flow to the sector remained firm with single-digit growth, an official said on Tuesday. Lending to MSMEs in the first six months [...]
OILSEEDS PRICES
Mumbai, Dec 14 (PTI) OILS (per 10 Kgs) G.Nut Raw 1320.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1180.00 Sunflower Exp.Ref. 1260.00 Cottonseed(Refined) 1215.00 Refined Palm Oil 1168.00 Soyabean Ref. 1200.00 Imp.Soyabean Crude - Rapeseed Ref. 1700.00 Rapeseed Exp. 1670.00 Copra white 1700.00 Rice Bran 4-7% FFA - Rice Bran 1150.00 Linseed 2050.00 Castor [...]
Axis Bank not for extending timelines on loans recast; no deal-talk with Spandana
Mumbai, Dec 14 (PTI) Axis Bank on Tuesday said it will not be joining force with peers seeking an extension of timelines for meeting financial parameters on loans recast under the Kamath committee framework because of the pandemic-related stress.Its deputy managing director (designate) Rajiv Anand also made it clear that there are no conversations around [...]
Outlay for tea sector development pegged at Rs 970cr during 15th Finance Commission
Kolkata, Dec 14 (PTI) The Union government has pegged an outlay of Rs 970 crore for development and promotion schemes of the tea sector during the period of the 15th Finance Commission from 2021-26, the Tea Board India said.The objective of the schemes is to improve the production, productivity and quality of Indian tea in [...]
Emami brings German skincare brand Creme 21 to Indian market
New Delhi, Dec 14 (PTI) Emami Ltd on Tuesday announced introducing its German skincare brand Creme 21 to the Indian market, a brand which was acquired by the homegrown FMCG firm in January 2019. In the first phase, Emami would introduce Creme 21 skin creams and lotions in India and has plans to expand the [...]
Delhi’s Connaught Place 17th costliest office market in world: JLL
New Delhi, Dec 14 (PTI) New Delhi's Connaught Place ranks improved to 17th in the most expensive office market in the world from 25th position in 2020, with an annual average occupancy cost of USD 109 square feet, according to property consultant JLL. In its Premium Office Rent Tracker (PORT) report, the consultant said that [...]
Open acquires consumer neo-banking platform Finin for $10 million
Bengaluru, Dec 14 (PTI) SME neo-banking platform Open on Tuesday announced its acquisition of consumer neo-banking platform Finin for USD ten million in a cash-and-stock deal. Founded by Suman Gandham and Sudheer Maram, Finin was backed by Unicorn India Ventures and Archana Priyadarshini, and offers a savings account that allows consumers to save and invest [...]
BMW Motorrad India set to post over 100 pc growth in 2021
New Delhi, Dec 14 (PTI) German luxury carmaker BMW on Tuesday said its two-wheeler division, BMW Motorrad has delivered 5,000 motorcycles in India so far in 2021 and will post over 100 per cent growth this year compared to 2020.The momentum was primarily driven by the 'Made In India' BMW G 310 R and the [...]
Universal coverage of COVID-19 vaccine foremost priority: VK Paul
New Delhi, Dec 14 (PTI) COVID-19 Task Force chief V K Paul on Tuesday said the foremost priority right now is to make sure that there is universal coverage of the vaccine and no one is left behind.Addressing an event organised by industry body CII, Paul said the pandemic is still ongoing, and globally there [...]
L&T Infotech inaugurates new delivery centre in Hyderabad
Hyderabad, Dec 14 (PTI): Larsen & Toubro Infotech, a technology consulting and digital solutions company on Tuesday said it has expanded its Hyderabad operations by setting up a new facility in the city equipped to house over 3,000 employees to support its global operations. The 110,000 sq. ft. state-of-the-art centre will focus on delivering digital, [...]
Natco Pharma proposes to acquire Dash Pharmaceuticals
Hyderabad, Dec 14 (PTI): Natco Pharma Limited through its affiliates is proposing to enter into an agreement to acquire Dash Pharmaceuticals LLC subject to satisfactory completion of due diligence, execution of definitive agreements and compliance with statutory requirements. According to a press release issued by the city-based drug maker, Dash is a front-end pharmaceutical sales, [...]
Ichnos Sciences inks pact with Almirall for development of antibody to treat autoimmune diseases
New Delhi, Dec 14 (PTI) Ichnos Sciences Inc, a wholly-owned arm of Glenmark Pharmaceuticals Ltd, on Tuesday said it has entered into an exclusive licensing pact with Almirall SA, a global biopharmaceutical company focused on skin health, for development and commercialisation of a compound intended for autoimmune disease indications. Under the agreement, Almirall has been [...]
Crude oil futures gain on spot demand
New Delhi, Dec 14 (PTI) Crude oil prices on Tuesday rose by Rs 9 to Rs 5,447 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 9, or 0.17 per cent, to Rs 5,447 per barrel in 3,245 [...]
Demand for content creation-related laptops to grow at strong pace in India: Asus
New Delhi, Dec 14 (PTI) Taiwanese tech major Asus on Tuesday said the demand for devices catering to requirements of content creators is on the rise in India, and is expected to touch 10-20 per cent share of the consumer PC segment in the coming years, similar to the growth trajectory of gaming PCs. Asus, [...]
Infosys selected by Orion Corporation to transform its ERP, Planning platforms
Bengaluru, Dec 14 (PTI) Infosys on Tuesday announced that it has been selected by Finnish pharmaceutical company Orion Corporation to holistically transform its ERP and Planning platforms, enhance employee experience, and drive business value realisation.Through this engagement, Bengaluru-headquartered Infosys said it will adopt standardised best SAP practices to enable end-to-end visibility across Orion's operations, informed [...]
HFCL raises Rs 600 crore though QIP
New Delhi, Dec 14 (PTI) Domestic telecom gear maker HFCL on Tuesday said it has raised Rs 600 crore through the QIP issue, which it plans to use for expanding manufacturing facilities and product development.The QIP (qualified institutional placement) received responses from various institutional investors like Reliance Ventures, Quant Mutual Fund, IIFL Wealth, Elara India, [...]
India-UAE Relations Set to Witness Exceptional Strengthening: Foreign Secretary
India and the UAE are in the process of finalising Free Trade Agreement (FTA) at the earliest: Mr Harsh V Shringla Dubai, United Arab Emirates (NewsVoir) India-UAE bilateral relations will see extraordinary developments in coming months, India’s Foreign Secretary, Mr. Harsh V Shringla said on Monday during his visit to the India Pavilion at EXPO2020 [...]
ADB scales down India growth estimate further to 9.7pc in FY22
New Delhi, Dec 14 (PTI) The Asian Development Bank for the second time in three months has scaled down India's growth estimate for the fiscal year ending March 2022 due to supply chain issue of industries. The Manila-based multilateral development bank pegged India's growth estimate at 9.7 per cent for the current fiscal year in [...]
WPI inflation spikes to 14.23 pc in Nov as crude, metal prices harden
New Delhi, Dec 14 (PTI) The wholesale price-based inflation surged to more than a decade high of 14.23 per cent in November, mainly due to hardening of prices of mineral oils, basic metals, crude petroleum and natural gas. WPI inflation has remained in double digits for eight consecutive months beginning April. Inflation in October this [...]
Simple Energy joins hands with IIT-Indore for flagship e-scooter, future products
Mumbai, Dec 14 (PTI) Bengaluru-based electric two-wheeler maker Simple Energy has collaborated with the Indian Institute of Technology-Indore (IIT-Indore) to develop an advanced thermal management system for its flagship e-scooter Simple One and future products, the company announced on Tuesday. The collaboration with IIT Indore will boost Simple Energy's R&D and aid in the integration [...]
DIRECT EXCHANGE RATES
Mumbai, DEC 14 (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 CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 75.10 76.60 75.04 76.76 EUR/INR 84.11 86.95 84.04 87.12 GBP/INR 98.49 101.66 98.41 101.86 JPY/INR 65.68 67.92 65.63 68.05 [...]
Zomato names Anjalli Ravi as Chief Sustainability Officer, Nitin Savara as Deputy CFO
New Delhi, Dec 14 (PTI) Online food delivery platform Zomato on Tuesday announced senior level hirings with ex-Unilever executive Anjalli Ravi Kumar joining as Chief Sustainability Officer and Nitin Savara as Deputy Chief Financial Officer. The company has consistently focused on corporate sustainability and Kumar's appointment is to take "our initiatives to the next level [...]
PRICES MUM BULLION OPEN
Mumbai, Dec 14 (PTI) SILVER SPOT (IN RS PER kg) : 60980.00 STANDARD GOLD (99.5) : 48101.00 PURE GOLD (99.9) : 48294.00 -------------------- PTI MUM SVC SHW SHW
Refined soya oil futures fall on low demand
New Delhi, Dec 14 (PTI) Refined soya oil prices on Tuesday fell Rs 7.4 to Rs 1,194.5 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 7.4, or 0.62 per cent, [...]
Aster Announces Bringing Healthcare to the Doorsteps Through 455 Facilities
Bangalore, Karnataka, India – Business Wire India • Launched in 1987, Aster has emerged as one of the largest integrated healthcare providers in GCC and India with 27 hospitals, 126 clinics/labs and 302 Pharmacies1 • The campaign “Care is Just An Aster Away” was launched along with the unveiling of the new Corporate Logo on [...]
Ways to Improve Credit Score in the Post-Pandemic Period
Multiple measures, including tracking credit score regularly, can help maintain a healthy score. New Delhi, Delhi, India – Business Wire India Considering the economic distress caused by the pandemic, it may be no surprise if one may need a personal loan to tide over a monetary crisis. But before applying for any loan, do check [...]
Defying COVID-19, Technopark clocks growth in software exports
Thiruvananthapuram, Dec 14 (PTI): Despite adverse market conditions due to the Covid-19 pandemic, the IT hub Technopark here has performed remarkably well in software exports as the revenue touched Rs 8,501 crore during the year 2020-21 As per the latest figures available, the export revenue of the IT park grew by 7.7 per cent and [...]
Guar seed futures rise on fresh bets
New Delhi, Dec 14 (PTI) Guar seed prices on Tuesday rose by Rs 4 to Rs 5,852 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 December contracts increased by Rs 4, or 0.07 per [...]
Guar gum futures gain on spot demand
New Delhi, Dec 14 (PTI) Guar gum prices on Tuesday gained Rs 44 to Rs 10,330 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 December delivery traded higher 0.43 per cent, or Rs 44, to Rs 10,330 per [...]
Raasta Autotech to expand services to 30 cities by next year
Mumbai, Dec 14 (PTI) Car and bike service aggregator Raasta Autotech announced on Tuesday its plan to expand its services to 30 cities by next year with the first phase seeing operations in seven cities, including some of the metrospolis. Besides widening its presence, the company also plans to onboard over 50 garages per city, [...]
Cottonseed oil futures fall on soft demand
New Delhi, Dec 14 (PTI) Cottonseed oil cake prices on Tuesday declined by Rs 15 to Rs 2,738 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. [...]
Hero Electric joins hands with Log 9 Materials for InstaCharging battery packs
Mumbai, Dec 14 (PTI) EV maker Hero Electric has joined hands with Bengaluru-based advanced battery technology start-up Log 9 Materials to offer latter's InstaCharging battery packs for its entire range of EVs. The integration of Log9's RapidX batteries will fully charge the Hero e-two-wheelers within 15 minutes, a release said on Tuesday. The startup leveraged [...]
Rebel Foods plans to invest USD 150 mn to acquire, scale new food brands
New Delhi, Dec 14 (PTI) Rebel Foods, which runs chain of internet restaurants, on Tuesday said it plans to invest USD 150 million (nearly Rs 1,140 crore) to acquire and scale new food brands in India and globally. The investment pool will be used in the next few quarters, to scale up existing and new [...]
British PM Boris Johnson says UK and India are natural partners
London, Dec 14 (PTI) British Prime Minister Boris Johnson on Tuesday described the UK and India as "natural partners" who are working together on many "fantastic projects" from partnership on 5G and telecom to startups that will transform people's lives and promote the principles of freedom, openness and peace. In his special address to the [...]
Maruti Suzuki Super Carry crosses one lakh cumulative sales mark
New Delhi, Dec 14 (PTI) Maruti Suzuki India (MSI) on Tuesday said its light commercial vehicle Super Carry has crossed one lakh sales cumulative milestone in five years of its launch in the country. The vehicle, which comes with a four-cylinder engine and both petrol and CNG options, caters to the versatile requirements of the [...]
British PM Boris Johnson says UK and India are natural partners
London, Dec 14 (PTI) British Prime Minister Boris Johnson on Tuesday described the UK and India as "natural partners" who are working together on many "fantastic projects" from partnership on 5G and telecom to startups that will transform people's lives and promote the principles of freedom, openness and peace. Addressing the Global Technology Summit via [...]
Ray Business Technologies to hire 200+ employees in first two quarters in 2022
HYDERABAD, India, Dec. 14, 2021 /PRNewswire/ -- Leading Technology Solution provider, Ray Business Technologies, a CMMI Level 3 Company, plans to hire 200 employees in the first 6 months of 2022. With 12 years of rich business experience, Ray Business Technologies, headquartered in India and having its offices in USA, Canada, Australia and Philippines, is [...]
Anand Rathi Wealth shares list with over 9 pc premium
New Delhi, Dec 14 (PTI) Shares of Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi, on Tuesday listed with over 9 per cent gains against its issue price of Rs 550.The stock made its debut at Rs 602.05, a gain of 9.46 per cent from the issue price on BSE. It [...]
Pickrr targeting 80-90 pc next-day deliveries; unveils 10 fulfilment centers
Mumbai, Dec 14 (PTI) Logistics tech startup Pickrr is targeting 80-90 per cent next-day deliveries, amid a strong 1-million fulfilment orders in January next year, the platform said on Tuesday. The company delivers 3 million shipments per month, and with the target of next-day deliveries, it aims to take this number higher, it said, adding [...]
Sachin Tendulkar joins Spinny as strategic investor, lead brand endorser
Mumbai, Dec 14 (PTI) Former Indian cricketer Sachin Tendulkar has joined pre-owned car retailing platform Spinny as a strategic investor and lead brand endorser, the company said in a release on Tuesday. Spinny, however, did not disclose the amount of investment by Tendulkar in the company. Spinny recently became a Unicorn with the closing of [...]
Indian Online Storytelling Platform, Pratilipi Onboards Anshul Deep Saxena as CTO, in a Search led by Purple Quarter
BANGALORE, India, Dec. 14, 2021 /PRNewswire/ -- Bespoke CTO Search firm, Purple Quarter found the ideal leader for Pratilipi with the appointment of Amazon techie, Anshul Deep Saxena to lead their engineering teams. Anshul joined the leadership team on December 13. Pratilipi is the largest Indian language storytelling platform operating in 12 Indian languages and [...]
Cycle Pure Creates ‘The Bhagavad Gita in 3 Minutes’ for Millennials and Gen Z
The brand has encapsulated the timeless teachings of the 18 chapters in 18 sentences Bengaluru, Karnataka, India (NewsVoir) On the auspicious occasion of Gita Jayanti, Cycle Pure Agarbathi, India’ largest selling prayer brand, has launched ‘The Bhagavad Gita in 3 minutes’ to make the timeless wisdom accessible to the young millennials and help them deal [...]
Sudarshan Venu, JMD, TVS Motor Company Leads Series C Funding for Ultraviolette Automotive
Investment to be deployed for production and commercial launch of the F77 Bengaluru, Karnataka, India – Business Wire India Ultraviolette Automotive Pvt. Ltd., an innovator in sustainable mobility, today announced that it has raised a new round of capital in its Series C funding, led by TVS Motor Company to support Ultraviolette’s vision of developing [...]
VVDN to Design and Manufacture India’s indigenous Tablet as an ODM Product
GURUGRAM, India, Dec. 14, 2021 /PRNewswire/ -- VVDN Technologies, a premier electronic product engineering and manufacturing company, announced that it has started the complete design, development and manufacturing of "Make in India" Tablets for domestic and global OEMs and customers. The announcement comes as a fresh boost for Tablet manufacturing in India. With this, VVDN [...]
NEWSALERT
With shared culture of innovation and entrepreneurial spirit, UK-India are natural partners: UK PM Johnson at Global Tech Summit. PTI CPS AKJ CPS
Adani Green Energy inks pact with SECI to supply 4,667 MW renewable energy in largest evergreen PPA
Adani Green Energy Ltd (AGEL) has signed a power purchase agreement (PPA) with the state-run Solar Energy Corporation of India (SECI) to supply 4.66 gigawatts (GW) of green power. “The AGEL-SECI agreement to supply 4,667 MW is part of a manufacturing-linked solar tender of 8,000 MW awarded to AGEL by SECI in June 2020, which [...]
Understanding the Hehe Culture and A Community of Shared Future for Mankind in Taizhou, Zhejiang
TAIZHOU, China, Dec. 13, 2021 /PRNewswire/ -- Themed "Hehe Culture and A Community of Shared Future for Mankind", the 2021 Hehe Culture Global Forum was held in Tiantai county, Taizhou city, Zhejiang Province on December 9. With this year's forum focusing on Hehe culture and a community with a shared future for mankind, three sub-themes [...]
New App Strengthens Human Connection
Heallo redefines MMS as "Mindful Messaging Service" PARIS, Dec. 14, 2021 /PRNewswire/ -- Heallo, a new smartphone application focused on strengthening personal human connections, launches Tuesday, December 14. Named to combine healing with saying "hello," Heallo allows users to share feelings and be present for one another in a meaningful way by simply touching their [...]
Nuclear Days India 2021: Strengthening Indo-French Nuclear Synergies
MUMBAI, India, Dec. 14, 2021 /PRNewswire/ -- The 14th edition of the Nuclear Days India 2021 was organized by Business France in partnership with EDF between 9 Nov and 10 Dec to support French experts in the nuclear sector in the Indian market. A delegation of 20 French Nuclear companies participated in this interactive event. [...]
Wipro Expands Sports, Entertainment, Retail and Transport Offerings with Launch of Wipro VisionEDGE Solution
- Expanded strategic partnership with Cisco positions Wipro as a leader in providing solutions & services to the digital advertising industry NEW YORK and BANGALORE, India, Dec. 13, 2021 /PRNewswire/ -- Wipro Limited (NYSE: WIT) (BSE: 507685) (NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced Wipro VisionEDGE, a [...]
Think out of the box to provide loans to tribals: J’khand CM tells bankers
Ranchi, Dec 13 (PTI) Jharkhand Chief Minister Hemant Soren on Monday urged bankers to think out of the box to facilitate credit to members of Scheduled Tribes so that they can pursue education or start businesses. The problem of non-availability of bank loans to people belonging to the ST community was prevalent when the state [...]
Govt will push for more reforms across sectors to make things easy, more simple: Niti CEO
“India is determined to carry out reforms. We do not need lesser reforms but we need more and more reforms. And the government will push for greater levels of reforms across sectors, make things easy, make things simple,” Niti Aayog CEO Amitabh Kant said on Monday while observing that wealth is created by the private [...]
Adobe introduces Creative Cloud Express
New Delhi, Dec 13 (PTI) Adobe on Monday launched Creative Cloud Express, a new unified web and mobile product, that enables users to easily make and share rich, creative content. Creative Cloud Express enables users to create rich multimedia content — from social media posts and stories to invitations to marketing materials like logos, flyers [...]
Business briefs
*VI ties up with Hungama for music streaming Mumbai, Dec 13 (PTI) Vi, formerly Vodafone Idea, on Monday announced a limited period free offer for subscribers to stream music, courtesy a tie-up with Hungama Music.The tie-up will also see 52 live events being held over the next year, as per a statement. *** *Mandiant announces [...]
Gen Rawat chopper crash: State-owned insurers settle claims at breathtaking speed
Mumbai, Dec 13 (PTI) Two state-run general insurers -- New India Assurance and United India Insurance -- have settled group personal accident (GPA) insurance claims at a breathtaking speed of defence personnel, including India's first Chief of Defence Staff (CDS) General Bipin Rawat and Brigadier L S Lidder, who died in the recent helicopter crash. [...]
Gujarat govt reduces VAT on ATF by 5 per cent
Ahmedabad, Dec 13 (PTI) The Gujarat government on Monday decided to slash Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) used in aviation services by five per cent in a bid to boost tourism, the Chief Minister's Office (CMO) said. The reduction will come into effect from midnight today (Monday), it said. "Chief Minister [...]
Global investors should invest in India; Make in India: Health Minister Mandaviya
Dubai, Dec 13 (PTI) Minister of Health and Family Welfare Mansukh Mandaviya on Monday urged the global investors to invest in India, saying the Make in India initiative and the ease of doing business provide tremendous opportunities to the business houses.Mandavia, who visited the India Pavilion at the EXPO 2020 here, said the current atmosphere [...]
Sebi passes confirmatory order in matter related to insider trading in Infosys scrip
New Delhi, Dec 13 (PTI) Markets regulator Sebi on Monday passed a confirmatory order against an Infosys employee and his connected person, who was an employee of Wipro Ltd, in a matter related to alleged insider trading in Infosys shares. Sebi said Ramit Chaudhari and Keyur Maniar "should desist from directly accessing the securities market [...]
PB Fintech to set up account aggregator subsidiary
New Delhi, Dec 13 (PTI) PB Fintech on Monday said its board has approved forming a wholly-owned subsidiary to function as an account aggregator. The board of directors of the company at its meeting held on December 13, 2021 approved the incorporation of the wholly owned subsidiary to carry on the business of an account [...]
New accounts opened under small savings schemes on decline since FY’19
New Delhi, Dec 13 (PTI) The government on Monday informed the Lok Sabha that new accounts under small saving schemes have been witnessing decline since 2018-19. As many as 4.66 crore new accounts were opened under the small saving schemes in 2018-19 which came down to 4.12 crore in 2019-20, Minister of State for Finance [...]
The Good Glamm Group acquires MissMalini Entertainment
New Delhi, Dec 13 (PTI) The Good Glamm Group, a content-to-commerce organisation, on Monday said it has acquired celebrity media and influencer talent management network, MissMalini Entertainment for an undisclosed amount.A first of its kind acquisition of a personality-driven company by a content-to- commerce conglomerate, this strategic move will offer The Good Glamm Group an [...]
Data Patterns raises Rs 176 cr from anchor investors ahead of IPO
New Delhi, Dec 13 (PTI) Data Patterns (India) Ltd, which supplies electronic systems to the defence and aerospace sector, on Monday said it has collected Rs 176 crore from anchor investors ahead of its IPO rollout on Tuesday. The company has allotted 30.16 lakh equity shares to anchor investors at Rs 585 apiece, aggregating the [...]
Govt will push for more reforms across sectors to make things easy, more simple: Niti CEO
New Delhi, Dec 13 (PTI) India needs more and more of reforms, and the country will push for greater levels of reforms across sectors, Niti Aayog CEO Amitabh Kant said on Monday, while observing that wealth is created by the private sector and the government must act as facilitator. Addressing the CII Partnership Summit 2021, [...]
India plans to produce 5 billion doses of COVID vaccines next year: Goyal
New Delhi, Dec 13 (PTI) Commerce and Industry Minister Piyush Goyal on Monday said India plans to produce 5 billion doses of COVID vaccines next year and keep contributing to make the world a safer place to live in. India, the world's largest producer of vaccines, has resumed the supply of COVID vaccines to other [...]
Overall power supply position in nation comfortable: Joshi
New Delhi, Dec 13 (PTI) The overall power supply position in the nation is comfortable with only a marginal gap between energy requirement and supplies, Parliament was informed on Monday. The country's power plants in the country were facing coal shortages in the month of September and October. "The overall power supply position in the [...]
Govt launches 2nd edition of Animal Husbandry Startup Grand Challenge
New Delhi, Dec 13 (PTI) The Centre in partnership with Startup India on Monday the launched the second edition of 'Animal Husbandry Startup Grand Challenge' in Gujarat. The second edition of the start-up challenge -- launched by Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala -- aims to scout for innovative and commercially [...]
With nickel, MCX launches 3rd base metal options on futures
Mumbai, Dec 13 (PTI) The largest commodity exchange MCX on Monday launched trading on nickel options, making it the third base metal derivatives on its platform. The exchange already offers base metal options on futures in copper and zinc and option contracts in gold, silver and crude. The exchange said nickel options contract will be [...]
Cabinet committee on privatisation yet to take decision on two banks: FM
New Delhi, Dec 13 (PTI) Finance Minister Nirmala Sitharaman on Monday said the cabinet committee on privatisation is yet to take a decision with regard to divesting two public sector banks. The government had in Budget 2021-22 announced its intent to take up privatisation of two public sector banks (PSBs) during the year and approval [...]
India bans Kiwi fruit import from Iran on rise in pest infested consignments
New Delhi, Dec 13 (PTI) India has suspended import of fresh Kiwi fruits from Iran due to rise in pest infested consignments from the middle eastern nation despite repeated warnings, according to the Union Agriculture Ministry. Import of Iran's fresh Kiwi fruits has been banned with effect from December 7 by the [...]
Essar’s Stanlow Terminals to invest in UK’s ‘largest’ biofuels storage
London, Dec 13 (PTI) Stanlow Terminals Limited (STL), part of Indian conglomerate Essar’s UK arm – Essar Oil UK, on Monday announced plans to make investments over the next three years to develop the UK’s "largest" biofuels storage hub located in the north west of England.STL said the new facilities at the Stanlow Manufacturing Complex [...]
Centre urged to reduce tax burden on LLPs, proprietary firms, individuals
Kolkata, Dec 13 (PTI) Engineering Export Promotion Council (EEPC) of India has urged the Centre to extend lower corporate tax benefit to Limited Liability Partnerships (LLPs) and proprietary firms as it would make funds available with MSMEs and boost private investment cycle. A body of direct tax professionals also sought for reduction of tax burden [...]
Bank of Baroda launches wearable products for small-ticket payments up to Rs 5,000
New Delhi, Dec 13 (PTI) State-owned Bank of Baroda on Monday announced the launch of the wearable line of products for small-ticket payments up to Rs 5,000 through the BoB World Wave in association with the National Payments Corporation of India (NPCI). The BoB World is the bank's digital banking product, and BoB World Wave [...]
New real estate projects has risen by 17 per cent, TN ready for overhaul of housing sector laws: CM Stalin
Chennai, Dec 13 (PTI) New real estate projects have seen an increase of 17 per cent in Tamil Nadu and administrative reforms are being pursued, Chief Minister M K Stalin said, asserting that the government is prepared for an overhaul of housing sector related old laws to simplify them in accordance with the present day [...]
Arrivae raises Rs 50 crore in Series-B funding round led by Havells Group
New Delhi, Dec 13 (PTI) Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised an additional Rs 50 crore in Series-B funding round, led by Havells Group. The funding round also witnessed the participation of Emerge Capital and the existing investors, said a statement from Arrivae, a platform backed by ace investor Rakesh [...]
India Global Forum, UAE edition, begins in Dubai
Dubai, Dec 13 (PTI) The two-day India Global Forum (IGF), UAE edition, kicked off here on Monday, as a bevy of top policymakers and business leaders gathered to discuss tech innovation, expansion of regional partnerships, growth frontiers and global climate concerns. Minister of Commerce and Industry Piyush Goyal and Minister of State for Skill Development [...]
Vegetable oil imports rise 6 pc in Nov at 11.73 lakh tonnes: SEA
New Delhi, Dec 13 (PTI) Import of vegetable oils rose by 6 per cent to around 11.73 lakh tonnes in November on higher shipments of crude soyabean oil, according to industry data.Vegetable oils comprise edible and non-edible oil."Import of vegetable oils during November 2021 is reported at 11,73,747 tonnes compared to 10,60,549 tonnes in October 2021 [...]
LIC introduces savings life insurance plan
Mumbai, Dec 13 (PTI) State-owned Life Insurance Corporation of India (LIC) on Monday introduced a non-linked, non-participating, individual savings life insurance plan. The insurer added that there are special premium rates for female lives and the plan is allowed to the third gender. The plan, Dhan Rekha, provides a percentage of the basic sum assured as survival benefit at [...]
MapmyIndia IPO subscribed whopping 154.71 times
New Delhi, Dec 13 (PTI) The initial public offer of CE Info Systems Ltd, the parent of digital mapping company MapmyIndia, garnered strong investor response and was subscribed a whopping 154.71 times on the last day of subscription on Monday. Popularly known through its brand MapmyIndia, the company is backed by global wireless technologies company [...]
Former Trai official Arvind Kumar joins as director-general of STPI
New Delhi, Dec 13 (PTI) Arvind Kumar, former senior advisor at telecom regulator Trai, has joined as the director-general of the Software Technology Parks of India (STPI), the state-owned autonomous organisation said on Monday. Before joining STPI, Kumar was working with the Telecom Regulatory Authority of India (Trai) since 2004. "STPI, in my opinion, should [...]
Shriram Capital, SCUF to merge with Shriram Transport Finance
Mumbai, Dec 13 (PTI) Shriram group on Monday announced the merger of Shriram Capital Limited (SCL) and Shriram City Union Finance Ltd (SCUF) with Shriram Transport Finance Company (STFC). The merged entity, to be known as Shriram Finance Ltd, will be the largest retail finance non-banking finance company (NBFC) in the country, the group said. [...]
BNP Paribas says Sensex to be at 62,000 by 2022-end despite steep valuation
Mumbai, Dec 13 (PTI) The Indian markets will rise in 2022 as well despite steep valuations, and the BSE's 30-share benchmark is expected to be at 62,000-level by the next year-end as against Monday's close of 58,283, a French brokerage said. "We think strong growth forecast in the medium term should support the valuations. We [...]
Areca, coconut prices
Mangaluru, Dec 13 (PTI): Following are areca, coconut prices. Areca (per quintal) Old Supari : Rs 48,000 to Rs 52,500 model Rs 51,000 New Supari : Rs 37,500 to Rs 43,500 model Rs 42,000 Koka : Rs 35,000 to Rs 40,000 model Rs 37,500 Coconut [per thousand]: 1st quality : Rs 20,000 to Rs 27,000 [...]
Vedanta drops cases against govt to settle retro tax dispute
New Delhi, Dec 13 (PTI) Billionaire Anil Agarwal's mining group Vedanta on Monday said it has withdrawn cases in the Delhi High Court as well as before an international arbitration tribunal to settle a Rs 20,495 crore retrospective tax dispute with the government. Post slapping of a Rs 10,247 crore tax demand on UK's Cairn [...]
CCI sees lesser filings on realty sector-related pure consumer disputes post RERA
New Delhi, Dec 13 (PTI) Filings before the Competition Commission with respect to pure consumer disputes related to the real estate sector have declined after the enactment of the RERA Act, according to the government. Minister of State for Corporate Affairs Rao Inderjit Singh on Monday told the Lok Sabha that in the last three [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
