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Mid cap stocks in which promoters reduced their stake in Q1
Promoters of the company reducing their stake in mid-cap stocks, can create short-term selling pressure and raise concerns about their commitment to the company's future. This may lead to a decline in stock prices. However, increased interest from institutional investors can help support the stock. Listed below are four such mid-cap stocks in which Promoters [...]
Textile stocks with high RoE and RoCE to add to your watchlist
Textile stocks are shares of companies involved in the production and sale of textiles, which include fabrics, garments, and other textile products. The textile industry in India contributes about 5% to GDP and 13% to industrial production, employing millions. Key states include Maharashtra, Gujarat, Tamil Nadu, and Punjab. India is a major exporter, with significant [...]
Stock Market Today: Stocks targets, orders and other important updates about today’s market
The Benchmark Indices concluded Friday's trading session positively, with the Sensex rising by 819.69 points, or nearly 1.04%, ending the day at 79,705.91. Meanwhile, the Nifty 50 index increased by about 250.5 points, equivalent to a gain of nearly 1.04%, and closed in the green at 24,367.5. Top 5 Gainers in Today’s Trade: Top 5 [...]
Fundamentally strong stocks to buy for an upside of more than 15%
JP Morgan has raised its target price for a global pharmaceutical major and upgraded its rating to ‘overweight’. Meanwhile, Goldman Sachs has raised its 12-month target price for a prominent player in the Indian automobile sector. An ‘overweight’ rating on a stock from a brokerage firm suggests that the brokerage analyst expects the stock to [...]
Green energy stock under ₹ 100 hits 1 Lakh Cr market cap; Check the reasons
Green Energy stock which is India’s leading wind energy service company engaged in providing full-stack solutions related to it, finally crossed the 1 Lakh Crore market capitalization mark today followed by multiple head&tailwinds Here’s how Today’s Price Action With a market capitalization of Rs. 1,03,976 Crores, the shares of Suzlon Energy Limited were trading at [...]
Stock under ₹ 100 jumps 4% after announcing 2,383% YoY increase in net profit and capacity expansion
With a market capitalization of Rs. 467 crores, the shares of the company started Friday’s trading session on a flatter note at Rs. 60.34. During the trading session, the shares hit a high of Rs. 62.89, gaining around 4 percent and are currently trading at Rs. 61.39 apiece. What Happened: Looking at the recent financial [...]
Defence stock jumps 9% after reporting 375% YoY increase in net profits
The shares of the smallcap company jumped 9 percent after the company's net profit and revenue increased by 375 percent and 58 percent YoY, respectively in Q1FY25. With a market capitalization of Rs 3,502 crore, the shares of Apollo Micro Systems Ltd were trading at Rs 114 per share, increasing around 3.32 percent as compared [...]
Tata group stock breaks 10% upper circuit after reporting 135% YoY increase in net profits
The shares of this large-cap stock broke its 10 percent upper circuit of Rs 6,208.50 per share after the company’s net profit and revenue increased by 135 percent and 56 percent YoY, respectively, in Q1FY25. Trent Ltd has a market capitalization of Rs 2.20 lakh crore, the shares were trading at Rs 6,238 per share, [...]
Metal stock in focus after company declares 1:2 stock split
Metal and chemical stock engaged in the business of producing and supplying lead, lead alloys, lead acid batteries, plastic additives, and many more in focus upon announcing stock split of equity shares of the company in the ratio of 1:2. Price Action With a market capitalization of Rs. 1,829.66 Crores, the shares of Pondy Oxides [...]
Penny stock under ₹ 5 jumps 4% after it signs MoU for software development
Penny Stock engaged in financial consultancy and fintech services surged 4 percent after the company signed a Memorandum of Understanding (MOU) with Whizzy Logistic Technologies Pvt Ltd for planning and development of software. Share Price Variation In Friday’s trading session, the share price of GACM Technologies Ltd reached an intra-day high of Rs.1.2 per share [...]
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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
Govt unlikely to announce capital infusion for PSU banks in Budget 2022-23
New Delhi, Dec 12 (PTI) The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has improved on the back of reduction in bad loans, sources said. To augment their resources, banks would be encouraged to raise funds from the market and also by [...]
SPIN Cycles plans to raise around USD 10 mn to fund pan-India expansion
New Delhi, Dec 12 (PTI) SPIN Cycles, a Bengaluru-based dry cleaning and laundry services start-up, plans to raise around USD 10 million (over Rs 75 crore) to fund its pan-India expansion within the next one to two years, according to a top company official. The firm, which is currently operating mainly in Bengaluru, is looking [...]
Domestic liquor makers ask Maha govt to reconsider duty reduction on imported products
New Delhi, Dec 12 (PTI) Domestic liquor makers have requested the Maharashtra government to reconsider its decision to reduce excise duty on imported products. The Confederation of Indian Alcoholic Beverage Companies (CIABC) in a letter to the Maharashtra government has said reduction on excise duty on imported products has created an "unequal and unfair playing [...]
Domestic liquor makers ask Maha govt to reconsider duty reduction on imported products
New Delhi, Dec 12 (PTI) Domestic liquor makers have requested the Maharashtra government to reconsider its decision to reduce excise duty on imported products. The Confederation of Indian Alcoholic Beverage Companies (CIABC) in a letter to the Maharashtra government has said reduction on excise duty on imported products has created an "unequal and unfair playing [...]
Drone Excellence Centre, schools to come up in MP: Scindia
Gwalior, Dec 11 (PTI) Union Aviation Minister Jyotiraditya Scindia on Saturday announced that a Drone Excellence Centre will be set up at the Madhav Institute of Technology and Science (MITS) here.Besides, schools dedicated to drone technology would be set up in Bhopal, Indore, Gwalior, Jabalpur and Satna, he said.The minister was speaking at a `Drone [...]
Govt framed new policies, changed existing ones to restore pre-pandemic economic growth: Shah
Ahmedabad, Dec 11 (PTI) The Narendra Modi government framed new policies and amended the existing ones to bring back pre-pandemic levels of economic growth, Union minister Amit Shah said here on Saturday.The projects worth Rs 361.5 crore which he inaugurated or for which he laid the foundation stone in his Lok Sabha constituency Gandhinagar during [...]
UN’s ‘observer’ status to ISA will aid OSOWOG: R K Singh
New Delhi, Dec 11 (PTI) Union Minister R K Singh on Saturday said granting of 'observer' status to the International Solar Alliance by the United Nations will give impetus to the One Sun One World One Grid(OSOWAG) initiative.In a congratulatory tweet, the Power and New & Renewable Energy Minister said this historic decision of the [...]
Govt committed towards achieving universalisation of social security: Labour Minister
New Delhi, Dec 11 (PTI) The government is committed towards achieving universalization of social security, Union Labour Minister Bhupender Yadav has said as he emphasised the importance of the e-shram portal to capture the data of unorganized workers for evidence -based policy making. He made the remarks at a tripartite conference organised by the International [...]
India to be among a few economies to rebound strongly; impact of Omicron to be less severe: Finmin report
New Delhi, Dec 11 (PTI) India will be among only a few economies in the world to rebound strongly from COVID-19 induced economic contraction of 2020-21, a Finance Ministry report said assuaging that the Omicron variant's impact on the economy will be less severe due to rapid vaccination. Real GDP in Q2 of FY2021-22 has [...]
+\nUN’s ‘observer’ status to ISA will aid OSOWOG: R K Singh
New Delhi, Dec 11 (PTI) Union Minister R K Singh on Saturday said granting of 'observer' status to the International Solar Alliance by the United Nations will give impetus to the One Sun One World One Grid(OSOWAG) initiative.In a congratulatory tweet, the Power and New & Renewable Energy Minister said this historic decision of the [...]
UAE-based Lulu Group to invest Rs 2,000 crore in Gujarat
Dubai, Dec 11 (PTI) UAE-based retail giant Lulu Group will invest Rs 2,000 crore in Gujarat to set up a modern shopping mall which will create employment opportunities for over 5,000 people, the company announced here on Saturday. The announcement was made after Gujarat Chief Minister Bhupendra Patel met NRI businessman and Lulu Group Chairman [...]
Lulu Group to invest Rs 2,000 cr to build shopping mall in Gujarat
New Delhi, Dec 11 (PTI) The UAE-based retail giant Lulu Group on Saturday announced it will invest Rs 2,000 crore to develop a shopping mall near Ahmedabad in Gujarat as part of its plans to expand business in India. The company has signed a Memorandum of Understanding (MoU) with the Gujarat government, it said in [...]
SAKRA WORLD HOSPITAL LAUNCHES WORLD CLASS “ROBOTIC ASSISTED\nNEURO-REHABILITATIONCENTER” IN BANGALORE
Bengaluru, 11th December 2021 – Sakra World Hospital (JV of Secom and Toyota Tsusho, Japan), a leading healthcare organization launched world class Robotic Assisted Neuro-Rehabilitation Center in Bangalore, the first ever in Karnataka, today. The new state-of-the-art center was inaugurated in the presence of Shri. Dr. C N Ashwath Narayan, Minister of Science & Technology [...]
Working on job opportunities for 17 lakh artisans, craftsmen through ‘Hunar Haat’: govt
Surat, Dec 11 (PTI) In over last five years, 'Hunar Haat' provided employment opportunities to more than seven lakh indigenous artisans and craftsmen, and the target is to take this number to 17 lakh in the next two years, Union minister Mukhtar Abbas Naqvi said on Saturday. Addressing the media ahead of a 10-day Hunar [...]
Indus Action launched the 4th Bright Spots Report in collaboration with CISCO CSR in an event co-hosted with Save the Children, India
The Bright Spots Report (BSR) aims to highlight the gaps and bright spots in the social welfare system. This year’s report focuses on children’s Right to Education amidst the Covid19 pandemic. New Delhi, 11th December 2021: To provide a holistic picture of the state of education during the pandemic, Indus Action and Save the Children, [...]
Meta, WhatsApp scout for chief compliance officer, nodal contact and grievance officer in India
New Delhi, Dec 11 (PTI) Meta (formerly Facebook) and WhatsApp are scouting for candidates for the roles of nodal contact and grievance officer as well as chief compliance officer — positions that have been mandated under India's IT rules for large social media companies. These positions are being advertised on LinkedIn, and have been posted [...]
S Krishnan appointed as additional director on Titan board, as TIDCO changes its nominee
New Delhi, Dec 11 (PTI) Leading watch and jewellery maker Titan's board has approved the appointment of S Krishnan, Additional Chief Secretary, Industries Department, Tamil Nadu Government as an additional director. His appointment has come in place of N Muruganandam, a nominee of the Tamil Nadu Industrial Development Corporation Limited (TIDCO) -- co-promoter of the [...]
Get Cashback of Rs. 1,000 and No Cost EMI on the Samsung Galaxy A03s
Shop on the Bajaj Finserv EMI Store for the Samsung Galaxy A03s and get Rs. 1,000 cashback on your purchase, this is a limited-time offer Pune, Maharashtra, India (NewsVoir) The all-new Samsung Galaxy A03 (4+64GB) and the Samsung Galaxy A03s (3+32GB) are available on the Bajaj Finserv EMI Store on zero down payment. Shop using [...]
Sri Lanka will not default on debt repayments despite forex crisis: Finance Minister
Colombo, Dec 11 (PTI) Sri Lanka will not default on its debt repayments in 2022 despite being faced with a severe foreign reserves crisis, finance minister Basil Rajapaksa has assured Parliament. Winding up the 2022 budget debate, Basil Rajapaksa, the youngest of the top three Rajapaksas running the country, also ruled out that Sri Lanka [...]
Former aerospace outsourcing executive of Indian-origin charged for orchestrating anti-trust conspiracy
New York, Dec 11 (PTI) The US Department of Justice has charged a former aerospace outsourcing executive of Indian-origin for conspiring with engineering firms not to poach each other’s workers, a conspiracy he was orchestrating for well over a decade that is said to have hit thousands of workers.Mahesh Patel, a resident of Glastonbury, Connecticut, [...]
India re-elected to International Maritime Organisation Council
London, Dec 11 (PTI) India has been re-elected to the International Maritime Organisation (IMO) Council after elections were held at its Assembly in London for the 2022-23 biennium. India's election falls under the Category of 10 states with "the largest interest in international seaborne trade", alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden [...]
NABARD projects Assam’s credit potential at Rs 36,292cr for FY23
Guwahati, Dec 11 (PTI) National Bank for Agriculture and Rural Development has projected a 12 per cent increase in Assam's credit potential to Rs 36,292 crore for the 2022-23 fiscal, an official said on Saturday. Around 52 per cent of the total projected credit potential is estimated for the agriculture and allied activities, and a [...]
India-American CEO who fired 900 on Zoom call takes time off as company looks to build ‘positive culture’
New York, Dec 11 (PTI) Vishal Garg, the Indian-origin CEO of US-based homeownership firm Better.com, who recently laid off 900 employees over a Zoom call and triggered widespread outrage, is taking time off from the company as it looks to build a "positive culture", according to media reports. Garg's leave is also effective immediately, according [...]
Arishfa Khan Turns Entrepreneur; Launches Mishy Me
Mumbai, Maharashtra, India (NewsVoir) Actress and social media sensation, Arishfa Khan has turned entrepreneur. Seen in TV shows such as Chhal - Sheh Aur Maat, Ek Veer Ki Ardaas… Veera, Jeannie Aur Juju, Uttaran, Meri Durga and several music videos, Arishfa Khan has been ruling social media since long. The 18-year-old is an inspiration to [...]
STL unveils its 5G-from-India offering at IMC 2021
- STL's 5G portfolio includes comprehensive optical, radio and deployment solutions MUMBAI, India, Dec. 10, 2021 /PRNewswire/ -- STL (NSE: STLTECH), an industry-leading integrator of digital networks, today unveiled its 5G portfolio at the IMC 2021. With its purpose of transforming billions of lives through digital networks, a DNA of innovation and a portfolio of [...]
Uttar Pradesh Floor Inauguration at the India Pavilion, 10 December 2021 EXPO2020 Dubai
Uttar Pradesh makes a strong pitch to the global investors at EXPO2020 Dubai, owing to the remarkable industrial growth and policy-driven investment climate Dubai, United Arab Emirates (NewsVoir) The state of Uttar Pradesh will be showcasing its business attractiveness, sectoral developmental growth journey and investment opportunities across key sectors like Food processing, Tourism, Textiles, MSMEs, [...]
PM Modi to address bank deposit insurance programme
New Delhi, Dec 11 (PTI) Prime Minister Narendra Modi will address a programme, "Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh," on Sunday at Vigyan Bhawan here, his office said. Deposit insurance covers all deposits such as savings, fixed, current and recurring deposits in all commercial banks. Deposits in state, central [...]
New age markets: CCI chief says its role is to ensure platforms remain neutral, offer level playing field
New Delhi, Dec 10 (PTI) Competition Commission's role in cases emanating from new age markets is to ensure that platforms remain neutral, offer a level playing field and allow enterprises, big or small, to compete on merit, a top regulatory official said on Friday. Noting that the regulator has examined more than 1,100 cases of [...]
Bengal govt interacts with diplomats of 25 countries on BGBS ’22
Kolkata, Dec 10 (PTI) The West Bengal government on Friday held an interactive session with senior diplomats of 25 countries in its effort to attract delegates from across the world to the sixth edition of the Bengal Global Business Summit (BGBS) to be organised in April next year.Chief Secretary H K Dwivedi urged those countries [...]
Uttar Pradesh floor inaugurated at Indian Pavilion at Dubai Expo
Lucknow, Dec 10 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath kickstarted proceedings at the inauguration of the Uttar Pradesh floor of the Indian Pavilion at the Dubai Expo on Friday. In a video message, the chief minister said Uttar Pradesh is one of the biggest industrial markets. Under the leadership of Prime Minister Narendra [...]
Pathankot Mandi Highway Pvt Ltd achieves financial closure for highway upgrading project: IRB Infra
New Delhi, Dec 10 (PTI) IRB Infrastructure Developers Ltd on Friday said the company's wholly owned subsidiary Pathankot Mandi Highway Private Ltd has achieved financial closure for its Pathankot-Mandi hybrid annuity project. The project comprises rehabilitating and upgrading a 28.7-km stretch of National Highway 154. The financial closure was achieved at the bid project cost of [...]
Business briefs
*Audi commences production of Q7 SUV at Aurangabad facility Mumbai, Dec 10 (PTI) German premier carmaker Audi on Friday said it has commenced the production of Q7 SUV at its Aurangabad facility in Maharashtra. Äudi India has began local production of its legendary Audi Q7 at the Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) plant [...]
MedPlus Health raises Rs 418 cr from anchor investors ahead of IPO
New Delhi, Dec 10 (PTI) Pharmacy retail chain MedPlus Health Services on Friday said it has mobilised Rs 418 crore from anchor investors ahead of its initial share sale that opens for public subscription on Monday.The company has allotted 52.51 lakh equity shares to anchor investors at Rs 796 apiece, aggregating to Rs 417.98 crore, [...]
Security big challenge in 5G, IoT sensors security non-compliant: VIL CTO
New Delhi, Dec 10 (PTI) Network security remains a big concern in 5G services as none of the internet of things (IoT) sensors available at present are security compliant, a senior official of telecom operator Vodafone Idea said on Friday. Vodafone Idea Chief Technology Officer Jagbir Singh, speaking at telecom industry event India Mobile Congress [...]
New study calls for comprehensive India-UK knowledge partnership
London, Dec 10 (PTI) The British government should make a comprehensive knowledge partnership with India one of the main goals of the proposed free trade agreement (FTA) between the two countries, according to a new UK study released this week. ‘Natural partners: building a comprehensive UK-India knowledge partnership’, led by former UK Universities Jo Johnson [...]
Shriram Properties IPO gets 4.60 times subscription on last day of offer
New Delhi, Dec 10 (PTI) Shriram Properties' initial share sale got subscribed 4.60 times on the final day of the offering on Friday and the retail investors category was subscribed more than 12 times. The price band for the offer was Rs 113-118 per share. According to data available with the BSE till 5 pm, [...]
Only 3-5 pc of total hospital beds available for emergency care: Report
New Delhi, Dec 10 (PTI) The number of beds available at emergency departments accounted for only 3-5 per cent of total hospital beds in the country, says a report that accessed the prevailing status of 100 emergency and injury care centres in government and private hospital settings. The report titled 'Emergency and Injury Care at [...]
Gati-KWE plans inland container depot at its new surface transhipment centre
Farukh Nagar (Gurugram), Dec 10 (PTI) Logistics firm Gati-KWE Express plans to build an inland as well as rail containers depot at its largest surface transhipment centre that was opened here on Friday.The centre, spread over 1.5 lakh square feet, is located on the Western Peripheral Expressway in Farukh Nagar and is also connected to [...]
Bharti Foundation, NITI launch symposium to address challenges in education
New Delhi, Dec 10 (PTI) Bharti Foundation in partnership with government think tank Niti Aayog has launched a symposium with an aim to improve learning outcomes in Indian education. The symposium, CONVOKE 2021-22 was launched at an event on Thursday which was chaired by Niti Aayog Vice Chairman Rajiv Kumar, according to a Bharati Foundation [...]
Minda Industries forms JV with Germany’s FRIWO for manufacturing EV components
New Delhi, Dec 10 (PTI) Auto components maker Minda Industries Ltd (MIL) on Friday said it has entered into a joint venture agreement with FRIWO AG Germany to manufacture and supply various electric vehicle components in the Indian subcontinent with a planned capex of Rs 390 crore in the next six years. MIL, the flagship [...]
Only 3-5 pc of total hospital beds available for emergency care: Report
New Delhi, Dec 10 (PTI) The number of beds available at emergency departments accounted for only 3-5 per cent of total hospital beds in the country, says a report that accessed the prevailing status of 100 emergency and injury care centres in government and private hospital settings. The report titled 'Emergency and Injury Care at [...]
Canada, US appreciate actions taken by India in reducing, harnessing methane gas: Govt
New Delhi, Dec 10 (PTI) The government on Friday said Canada and the US have appreciated the actions taken by India in reducing and harnessing methane gas. Emission of methane is a big concern as it is a greenhouse gas having 25-28 times more harmful effect than carbon dioxide, the coal ministry said in a [...]
Metro Brands IPO receives 27 pc subscription on first day
New Delhi, Dec 10 (PTI) Footwear retailer Metro Brands Ltd's initial public offer got subscribed 27 per cent on the first day of the offering on Friday. The company, which is backed by ace investor Rakesh Jhunjhunwala, on Thursday raised more than Rs 410 crore from anchor investors. The Initial Public Offer (IPO) received bids [...]
Govt says has taken several steps to curb harmful content on social media
New Delhi, Dec 10 (PTI) The government has taken several steps to address the challenges of user harm and hateful information available on social media platforms, Parliament was informed on Friday. Minister of Electronics and IT Ashwini Vaishnaw, in a written reply (starred question) in the Rajya Sabha, also stated the ministry has taken note [...]
Govt not aware of any unlawful interception of any message: MoS Communications
New Delhi, Dec 10 (PTI) The Communications Ministry on Friday informed Parliament that the government was not aware of any unlawful interception of any message of any individual.Minister of State for Communications Devusinh Chauhan replied "No" to questions in Rajya Sabha, asking "whether Government is aware of any 'unlawful learning of the contents of any [...]
Montra brand to lead EV biz; TI Cycles
Chennai, Dec 10 (PTI) TI Cycles of India, part of the diversified conglomerate Murugappa Group, has firmed up plans in electric mobility space with its popular brand 'Montra' to lead the company's electric vehicle business, the company said on Friday. The city-based company said, as a first step it would launch -- under the Montra [...]
BULLION CLOSING RATES
Bengaluru, Dec 10 (PTI) Closing bullion rates on Friday Standard gold (99.5 purity) Rs 49,330 per 10 gram Ornament gold Rs 4,600 per gram Silverspot (.999 fineness) Rs 61,700 per kg. PTI DVR BN BN
Areca, coconut prices
Mangaluru, Dec 10 (PTI): Following are areca and 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 model Rs 25,000 [...]
Cipla to donate 5,000 nebulisers to primary health care centres
New Delhi, Dec 10 (PTI) Homegrown pharma major Cipla Ltd on Friday said it will donate 5,000 nebulisers to primary health care centres in India as part of its initiative to improve access to nebulisation therapy specifically for patients in rural parts of the country.These nebulisers will be distributed at CHCs (community health centres) and [...]
Cyril Amarchand Mangaldas goes global, enters Singapore
Mumbai, Dec 10 (PTI) Cyril Amarchand Mangaldas, the country's largest full-service law firm, has announced the opening of its first overseas office in Singapore as a licensed foreign law practice offering Indian law expertise, including international arbitration. The city-based law firm had recently entered the GIFT City in Gandhinagar and has six offices in the [...]
Electronics production in India at Rs 5,33,670 cr in FY21
New Delhi, Dec 10 (PTI) Electronics production in the country grew at a compound annual growth rate of 17 per cent in the last 5 years and reached its all-time high at Rs 5,33,670 crore in 2020-21, Parliament was informed on Friday.According to data shared by IT and Communications Minister Ashwini Vaishnaw, electronics production in [...]
OILSEEDS PRICES
Mumbai, Dec 10 (PTI) OILS (per 10 Kgs) G.Nut Raw 1310.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1200.00 Sunflower Exp.Ref. 1270.00 Cottonseed(Refined) 1220.00 Refined Palm Oil 1180.00 Soyabean Ref. 1215.00 Imp.Soyabean Crude - Rapeseed Ref. 1730.00 Rapeseed Exp. 1700.00 Copra white 1700.00 Rice Bran 4-7% FFA - Rice Bran 1190.00 Linseed - Castor [...]
COMMODITY PRICES
Mumbai, Dec 10 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 720.00 COPPER HEAVY SCRAPS 711.00 COPPER ARMATURE (CREDIT) 694.00 COPPER UTENSILS SCRAP 631.00 CC ROD 773.00 BRASS :- BRASS SHEET CUTTING 545.00 BRASS UTENSIL SCRAP 485.00 BRASS HONEY 470.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]
NCBS, Tata Institute of Genetics and Society announce institutional alliance
Bengaluru, Dec 10 (PTI): The National Centre for Biological Sciences (NCBS) and the Tata Institute of Genetics and Society (TIGS) on Friday announced a new institutional alliance. “This engagement with TIGS is a wonderful opportunity for NCBS researchers to engage with questions that concern both genetics and society, and at the same time broadening the [...]
Tata Motors, Ducati to hike prices from January
New Delhi, Dec 10 (PTI) Tata Motors on Friday said it will hike prices of its entire passenger vehicle range from January in order to offset the impact of rising input costs. Similarly, luxury motorcycle brand Ducati said it will also hike prices across its product range from next month. "Prices of commodities, raw material, [...]
COVID crisis led to significant economic losses for BRICS: Bulletin
Mumbai, Dec 10 (PTI) The COVID crisis has led to significant economic losses and made the social fabric of the BRICS countries fragile by amplifying unemployment, poverty, gender disparity and migration risks, according to the BRICS Economic Bulletin released on Friday. The Reserve Bank of India released bulletin prepared by the BRICS Contingent Reserve Arrangement [...]
Ashok Leyland ‘BADA DOST’ bags CII Design Excellence award
Chennai, Dec 10 (PTI) Hinduja group flagship Ashok Leyland on Friday said its light commercial vehicle 'BADA DOST' has bagged the CII Design Excellence Award. The award instituted by Confederation of Indian Industry was presented to the city-based heavy commercial vehicle maker, under the 'Mobility Design: Four-wheelers commercial vehicle' category. "We are glad to have [...]
Passenger vehicles sales dip 19 pc in Nov as chip shortage woes continue: SIAM
New Delhi, Dec 10 (PTI) Passenger vehicle sales in the country declined by 19 pc in November as the shortage of semiconductors continued to impact vehicle production and subsequent deliveries to dealers, auto industry body SIAM said on Friday. Passenger vehicle (PV) dispatches to dealers last month stood at 2,15,626 units, down 19 per cent [...]
Zydus Cadila gets USFDA nod to market generic schizophrenia drug
New Delhi, Dec 10 (PTI) Drug firm Zydus Cadila on Friday said it has received approval from the US health regulator to market generic drug Cariprazine capsules, which are used in the treatment of schizophrenia. The company's subsidiary has received tentative approval from the US Food and Drug Administration (USFDA) for Cariprazine capsules in the [...]
Steel industry needs govt support to reduce carbon emissions: Sajjan Jindal
Kolkata, Dec 10 (PTI) The steel industry, one of the biggest contributors to greenhouse gases globally, requires an entirely new approach, besides government support, to reduce carbon emissions, JSW Steel chairman and managing director Sajjan Jindal said on Friday.With the deployment of the best available technologies, low-carbon steelmaking would become competitive with respect to conventional [...]
PRICES MUM BULLION CLOSING
Mumbai, Dec 10 (PTI) SILVER SPOT (IN RS PER kg): 60155.00 STANDARD GOLD (99.5) : 47625.00 PURE GOLD (99.9) : 47816.00 --------------------- PTI MUM SVC SHW SHW
Regulators, policymakers should predict innovation-led disruptions, manage them effectively:TRAI
New Delhi, Dec 10 (PTI) Regulators and policymakers should proactively follow technological developments, predict innovation-led disruptions and manage them effectively and constructively, at a day and age where new generation of mobile communication will be seen in less than 10 years, TRAI Chairman PD Vaghela said on Friday.The role of regulators should be to create [...]
Entities to quote 20-digit LEI for cross-border transactions from Oct 2022
Mumbai, Dec 10 (PTI) Firms will have to quote the 20-digit legal entity identifier (LEI) number for undertaking cross-border transactions of Rs 50 crore or more from October 1, 2022, the Reserve Bank said on Friday. LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and [...]
CESL to distribute LED bulbs at Rs 10/unit to mark National Energy Conservation Day
New Delhi, Dec 10 (PTI) State-owned CESL will distribute LED bulbs at a highly subsidised rate of Rs 10 per unit under the Gram UJALA scheme to mark National Energy Conservation Day on December 14."On the occasion of National Energy Conservation Day 2021, observed each year on 14th December, Convergence Energy Services Ltd (CESL), a [...]
PFC pays second interim dividend of Rs 369 cr to govt for 2021-22
New Delhi, Dec 10 (PTI) State-run Power Finance Corporation (PFC) said it has paid the second interim dividend of Rs 369.57 crore to the government for the 2021-22 fiscal. The second interim dividend at the rate of 25 per cent, that is Rs 2.50 per equity share of face value Rs 10 each, was declared [...]
Star Health shares recover after muted debut; settle with marginal gain
New Delhi, Dec 10 (PTI) Star Health and Allied Insurance Company Ltd recovered the lost ground after a muted debut on the bourses on Friday and settled with a marginal gain over its issue price amid a sluggish broader market sentiment. The stock, which opened the day on a negative note, managed to pare the [...]
Chitkara University Hosts a Culinary Demonstration with Chef Sambhavi Joshi, Le Cordon Bleu – London Alumna and Founder, Casareece Artisanal Pasta
Chandigarh, Punjab, India (NewsVoir) Chitkara University, Punjab organized a culinary demonstration today for the students of Hospitality and Culinary Arts with Chef Sambhavi Joshi, Alumna of Le Cordon Bleu - London and Founder, Casareece Artisanal Pasta. She was accompanied by Ms. Saima Siddiqui, Sales and Marketing Manager - India, Le Cordon Blue. Le Cordon Bleu, [...]
Julian Assange can be extradited from UK to US: High Court rules
London, Dec 10 (PTI) WikiLeaks Founder Julian Assange can be extradited from the UK to the US, the High Court in London ruled on Friday, overturning a lower court decision that he could not be sent to America due to concerns over his mental health.Assange, 50, is wanted in the US over the publication of [...]
Bimaplan Ties up With Credit Wise Capital to provide Easy Insurance with Two-Wheeler Loans
- The partnership will combine insurance and lending services under one roof for smart financing solutions MUMBAI, India, Dec. 10, 2021 /PRNewswire/ -- In an effort to bring affordable insurance to underserved communities, Bimaplan, an affordable insurance platform, has tied up with Credit Wise Capital (CWC), a consumer finance NBFC, for easy insurance on two-wheeler [...]
Sebi lays procedure for undertaking co-investment portfolio management service
New Delhi, Dec 10 (PTI) Capital markets regulator Sebi on Friday came out with the procedure for undertaking co-investment services through portfolio management route. This comes after Sebi last month amended rules pertaining to portfolio managers to facilitate co-investment by investors of Alternative Investment Funds (AIF) through the portfolio management route. In a circular, the regulator [...]
Rupee tumbles 18 paise to 75.78 against USD on forex outflows
Mumbai, Dec 10 (PTI) The rupee dropped by 18 paise to an over 16-month low of 75.78 against the US dollar on Friday amid consistent foreign fund outflows and growing concerns about inflation. At the interbank foreign exchange market, the local unit opened lower at 75.65 a dollar and later tanked to the day's low [...]
Growth cycle not durable, will peak in H1 2022: Nomura
Mumbai, Dec 10 (PTI) The current growth cycle being witnessed in the country is not durable and will peak by the first half of 2022, a Japanese brokerage said on Friday.Higher inflation and wider current account deficit, which are the side effects of the loose policies adopted to push growth during the pandemic, will come [...]
AstraZeneca Pharma India shares jump 2 pc
New Delhi, Dec 10 (PTI) Shares of AstraZeneca Pharma India on Friday jumped nearly 2 per cent after biopharmaceutical multinational AstraZeneca said it has initiated engagements with Indian health authorities to provide the latest evidence of Evusheld, its COVID-19 prevention drug. On the BSE, the shares closed at Rs 3,145 higher 1.9 per cent over [...]
Encore’s India Operation Recognized for Its Empowering Workplace Culture and Inclusive People Practices
Gurugram, Haryana, India – Business Wire India Encore’s India-based operations, through its subsidiary, Midland Credit Management (MCM), received multiple industry recognitions for its empowering workplace culture and intentionally inclusive, best-in-class people practices. In October 2021, Great Place to Work®, the global organization well known for its work on workplace culture, recognized MCM in India for [...]
Markets end flat as bulls take a breather; log weekly gains
Mumbai, Dec 10 (PTI) Equity benchmarks snapped their three-session winning run to close modestly lower on Friday as investors stayed on the sidelines ahead of the release of key macroeconomic data. A depreciating rupee and subdued trend in global markets also weighed on sentiment. After a choppy session, the 30-share BSE Sensex ended 20.46 points [...]
Adoption of viable green steel-producing methods a decade away: Sajjan Jindal
New Delhi, Dec 10 (PTI) It may take over a decade to adopt viable methods of green steel production to meet carbon-neutral goals, JSW Group Chairman Sajjan Jindal said on Friday.Jindal, who is also the Chairman of the World Steel Association, said even as switching to clean hydrogen-based steel making technique is the most likely [...]
Garden in my glass – Tanqueray in collaboration with Rahul Mishra curated an indulgent evening of an experiential fashion showcase and garden-fresh cocktails at Diablo, Mehrauli.
December 10, 2021 - In its endeavor to keep things fresh and celebrate all things green, Tanqueray partnered with the much-celebrated designer, Rahul Mishra. The city witnessed a bedazzling invite-only fashion experiential showcasing a series of eight looks each from the collections ‘The Dawn’, Couture Spring 2021 and ‘The Shape of Air’, Couture Fall 2021 [...]
Patanjali provides free consultation in association with Yes Madam!
One of the biggest benchmarks of ‘Yes Madam’s’ success journey has been achieved as it proudly enters an exclusive partnership with ‘Patanjali.’ This is an amalgamation of at-home services and Ayurvedic treatments and therapies, to uplift customers’ moods, refresh their minds and heal them from all ailments, without even stepping out of their homes. ‘Yes [...]
Dr. Jyotsana & Sharmistha Das won Mrs India International Queen 2021
Mrs India International Queen assists married women in establishing their own identity and demonstrating their exceptional abilities and capabilities to the rest of the world December 10: Mrs India International Queen (MIIQ) 2021, one of India's biggest and best beauty pageant, had its grand finale at The Leela Ambience Convention Hotel Delhi on November 7, [...]
Nayara Energy bags the prestigious CSR Campaign of the Year Award at ‘Platts 23rd Annual Global Energy Awards Summit’
The Global Energy Awards program has honored hundreds of companies and individuals representing the best in the energy industry MUMBAI, India, Dec. 10, 2021 /PRNewswire/ -- Nayara Energy, a new-age downstream energy & petrochemicals company has been felicitated with the CSR Campaign of the Year Award at Platts 23rd Annual Global Energy Awards Summit for [...]
‘MEGHALAYAN AGE’ STORE CREATES CULTURAL BUZZ IN DELHI
NEW DELHI, Dec. 10, 2021 /PRNewswire/ -- Meghalaya is well known for its arts, crafts, textiles and agri-produces. However, the State's artisans and farmers have not been able to command a premium price for their products due to the lack of an overarching marketing platform that can provide design inputs, quality control and market connect [...]
Rs. 5,000 Cashback on Samsung Galaxy Z Flip3 on No Cost EMI
Shop on the Bajaj Finserv EMI Store for the Samsung Galaxy Z Flip3 using your EMI Network Card and get cashback of Rs. 5,000 on your purchase. This is a limited period offer Pune, Maharashtra, India (NewsVoir) The 6.70-inch Samsung Galaxy Z Flip3 loaded with a 12MP + 12MP rear camera is available on zero [...]
Over 700 cases registered under IT Act in 2020 for privacy violation
New Delhi, Dec 10 (PTI) More than 700 cases were registered in 2020 for violation of privacy under Section 66E of the Information Technology Act, 2000, Parliament was informed on Friday. "As per the data maintained by National Crime Records Bureau (NCRB), Ministry of Home Affairs, a total of 389, 812 and 742 cases for [...]
5 Lakh Visitors in 70 Days, IndiaAtDubaiExpo Stands Tall
India Pavilion showcasing our capabilities in achieving ambitious goals for global good, which reflects India's Partnerships, Pride & its People: Shri Piyush Goyal Dubai, United Arab Emirates (NewsVoir) The India Pavilion at EXPO2020 Dubai has achieved another milestone by recording half a million visitors’ mark since its inauguration on 1st October 2021 by the Minister [...]
Deepak Fertilisers shares gain over 2 pc
New Delhi, Dec 10 (PTI) Shares of Deepak Fertilisers and Petrochemicals Corporation on Friday rose over 2 per cent after its subsidiary performed the groundbreaking ceremony of a technical ammonium nitrate plant in Odisha and announced a Rs 2,200 crore investment in it.The scrip climbed 2.2 per cent to settle at Rs 375.9 on BSE.On [...]
DoT moves NCLAT against resolution of Videocon; claims Rs 881.92 cr due from Videocon Telecom
New Delhi, Dec 10 (PTI) The Department of Telecommunication (DoT) has moved the insolvency appellate tribunal NCLAT against the NCLT order approving the consolidated resolution plan for 13 companies of Videocon Group, including Videocon Telecommunications. The DoT, in its petition, has requested the appellate tribunal to set aside the order passed by the Mumbai bench [...]
Bajaj Electricals shares zoom 7% on board’s approval for corporate structure review
New Delhi, Dec 10 (PTI) Shares of Bajaj Electricals Ltd on Friday rallied over 7 per cent after its board approved a review of its corporate structure On the BSE, the shares spurted 7.35 per cent to close at Rs 1,123.6. Intra-day, it touched a high of Rs 1,159.95. On the NSE, the scrip ended [...]
CMFRI’s effort helps boost clam production in Vembanad Lake
Kochi, Dec 10 (PTI) The Central Marine Fisheries Research Institute’s (CMFRI) effort to rejuvenate the black clam (Villorita cyprinoides) resource in Kerala's Vembanad Lake has yielded results with fishermen starting to harvest good catch from the region. CMFRI said it's initiative of relaying baby clams in various sites in the Vembanad facilitated increasing the clam [...]
STL unveils 5G-from-India offering at IMC 2021
New Delhi, Dec 10 (PTI) Digital networks integrator Sterlite Technologies Ltd (STL) on Friday unveiled its 5G-from-India offering at the India Mobile Congress event.In a statement, the company said its 5G portfolio includes optical, radio and deployment solutions.The company expects that the end-to-end nature of solutions will fundamentally alter the game for super-fast and high [...]
Apollo TeleHealth globally becomes first to get ISO 13131:2021
Hyderabad, Dec. 10 (PTI): Apollo TeleHealth, a multi-specialty telemedicine network, has become the first-ever organisation in the world to attain the certification of ISO 13131:2021 presented by the British Standards Institution (BSI). A press release from the Apollo Hospitals Group said on Friday that the certification provides direction with a focus on the quality and [...]
Central team already visited TN to assess damage due to heavy rains in Oct-Nov: Agri Min
New Delhi, Dec 10 (PTI) A central team has already visited Tamil Nadu for a spot assessment of damage caused by heavy rain and floods during the October-November period, Parliament was informed on Friday. Union Agriculture Minister Narendra Singh Tomar in a written reply to the Rajya Sabha said, the Tamil Nadu government has requested [...]
After farm laws repeal, Ex RBI Guv says timing of reforms also important
Hyderabad, Dec 10 (PTI) Stressing that reforms are necessary to improve effeminacy and productivity of the system, former Reserve bank Governor C Rangarajan on Friday said the timing of implementing them is also important as they tend to attract criticism sometimes. His remarks came days after the NDA Government repealed the three contentious agricultural laws [...]
Vegetable prices
Bengaluru, Dec 10 (PTI): Following are vegetable rates quoted at Agriculture Produce Marketing Committee (APMC). Rates per quintal: Cauliflower 1,000-6,000, Brinjal 400-7000, Tomato 333-10500, Bitter Gourd 3000-6000, Bottle Gourd 230-6000, Ash Gourd 1200-2000, Green Chilli 180-5500, Banana Green 1000-3600, Beans 400-8000, Green Ginger 600-4000, Carrot 1500-7000, Cabbage 1300-5000, Ladies Finger 200-6800, Snakegourd 3000-5500, Beetroot 1000-6000, [...]
DIRECT-EXCHANGE-RATES
Mumbai, Dec 10 (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 74.85 76.35 74.79 76.51 EUR/INR 83.98 86.86 83.91 87.03 GBP/INR 98.43 101.60 98.35 101.80 JPY/INR 65.50 67.73 65.44 67.86 [...]
MONEY-MARKET-OPEARTIONS
Mumbai, Dec 10, (PTI) Money Market Operations as on DEC 9, 2021 (Amount in crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment (I+II+III+IV) 502,092.37 3.30 1.00-5.15 I. Call Money 10,299.66 3.29 2.00-3.45 II. Triparty Repo 388,768.30 3.30 3.15-3.32 III. Market Repo 102,919.41 3.32 1.00-3.45 IV. Repo [...]
PRICES MUM BULLION OPEN
Mumbai, Dec 10 (PTI) SILVER SPOT (IN RS PER kg): 60094.00 STANDARD GOLD (99.5) : 47644.00 PURE GOLD (99.9) : 47836.00 -------------------- PTI MUM SVC SHW SHW
MG Motor to commence exports of Hector to Nepal
New Delhi, Dec 10 (PTI) Automaker MG Motor India on Friday said it is all set to commence exports from its Halol-based manufacturing plant in Gujarat.The company will start exporting its SUV model Hector to Nepal as the first step towards its expansion plan for other south Asian countries.MG Motor began commercial production in India [...]
Crude oil futures dip on weak spot demand
New Delhi, Dec 10 (PTI) Crude oil prices on Friday fell by Rs 20 to Rs 5,386 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 20, or 0.37 per cent, to Rs 5,386 per barrel with a business volume of 4,409 lots. Analysts [...]
TVS Motor strengthens product portfolio in Philippines market
Chennai, Dec 10 (PTI) Two and three-wheeler maker TVS motor company on Friday announced the launch of its premium Apache RR 310 and 125 cc scooter TVS NTORQ in the Philippines market, boosting its product portfolio.The city-based company said it has launched TVS Apache RR310 with Race Tuned Fuel Injection and feature-rich connected scooter TVS [...]
Govt says no farmer died due to police action during farmers’ protests
New Delhi, Dec 10 (PTI) The Union government on Friday said that no farmer died due to police action during the year-long protests by farmers. Various farmer groups were protesting against three new farm laws, which have now been scrapped. The year-long protest at the Delhi borders was suspended by the Samyukta Kisan Morcha (SKM) [...]
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