#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
FMCG stock falls after company’s promoter offloaded its entire stake in the company
The shares of this small-cap company have fallen 2 percent after the promoter of the company offloaded its entire 23,90,503 equity shares via a Bulk deal. With a market capitalization of Rs 9,852 Cr, The shares of Sapphire Foods India Ltd were trading around at Rs 1,616.10 per share, decreasing around 1.56 percent as compared [...]
Smallcap stock jumps 7% after reporting 67% increase in net profits
Port stock engaged in the business of handling ports and providing port services such as berth hire, wharfage, container handling and many more jumped 7 percent in the day’s trade upon posting a 67 percent jump in Net Profits in Q1FY25 Price Action With a market capitalization of Rs. 11,168 Crores, the shares of Gujarat [...]
FMCG stock in focus after it announces investment of ₹ 1,400 Cr for expansion
FMCG stock is in the spotlight after announcing a Rs.1,400 crore investment to enter the pet-care market and to set up new manufacturing plants. Share Price Variation In Thursday’s trading session, the share price of Godrej Consumer Products Ltd (GCPL) reached an intra-day high of Rs.1,509.85 per share from its previous closing price of Rs.1,501.1 [...]
Symphony stock jumps 40% in just 4 days; Check the factors behind the rise
The shares of the world’s largest air-cooler manufacturer surged more than 40% over the last four trading sessions, delivering impressive returns in a short span. Let’s explore the factors that contributed to this substantial increase in stock price. On Thursday, Symphony Ltd shares hit a 52-week high of ₹1,747.65 per share, marking an intraday gain [...]
Green energy stock hits 5% upper circuit after reporting 99% YoY increase in net profits
Green Energy stock engaged in building, developing, owning, operating, and maintaining solar and hybrid power plants hit a 5% upper circuit in the day’s trade upon declaring its Q1FY25 results with a 99 percent jump in Net Profits Price Action With a market capitalization of Rs. 12,217 Crores, the shares of KPI Green Energy Limited [...]
Bulk deal: 2 Stocks under ₹ 300 jump 7% after FII bought stake in the companies
A bulk deal in the stock market refers to a transaction where a single entity, such as an institutional investor or a prominent trader, buys or sells a large quantity of a company's shares. Specifically, it involves trading more than 0.5 percent of a company's total equity shares listed in a particular exchange, either in [...]
Monopoly stock jumps 11% after reporting 150% QoQ increase in net profits
BSE Ltd. stock surged nearly 11 percent to Rs.2,657 per share after reporting a 150 percent increase in net profits quarter-on-quarter. The share has generated returns of around 200 percent in a year. Price Movement On Thursday’s trading session, the share price of BSE Ltd. gained 10.77 percent reaching an intra-day high of Rs.2,657 per [...]
IT stock falls 4% after Standard Chartered Bank likely to offload 3.09% stake in the company
The shares of this small-cap company have fallen 4 percent after Standard Chartered Bank likely to offload 3.09 percent in the company via the bulk deal. With a market capitalization of Rs 7,485.93 crore, the shares of Protean eGov Technologies Ltd were trading at Rs 1,850.00 per share, decreasing around 1 percent as compared to [...]
Infra stock jumps 12% after reporting 92% YoY increase in net profits
Infra stock engaged in the business of providing EPC services across various sectors like urban infrastructure, mass rapid transit systems, airports, highways, and many more jumped 12 percent in the day’s trade upon posting robust Q1FY25 results with a 92 percent jump in Net Profits. Price Action With a market capitalization of Rs. 9,177 Crores, [...]
AI stock jumps 3% after company’s net profit increases by 79% YoY
The shares of the leading provider of artificial intelligence and analytics services rose by 3.8% to ₹483.50 per share on Thursday, following the company's report of a 79% net profit growth in the June quarter. At 11:05 a,m., R Systems International Ltd shares were trading at ₹476.45 per share, up 2.28 percent from the previous [...]
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
Over 3.54 lakh tonnes of e-waste was collected, processed in FY21: Chandrasekhar
New Delhi, Dec 8 (PTI) Over 3.54 lakh tonnes of e-waste was collected and processed in FY21, up from 2.24 lakh tonnes in the previous financial year, Parliament was informed on Wednesday. Based on annual reports submitted by 35 State Pollution Control Boards (SPCBs)/ Pollution Control Committees (PCCs) to CPCB, 22,700.33 tonnes of e-waste was [...]
Total 9,849 URLs blocked in 2020: Chandrasekhar
New Delhi, Dec 8 (PTI) The government directed blocking of 9,849 accounts/URLs during 2020, up from 3,635 accounts/URLs in the previous year, under a specific provision of the Information Technology Act, 2000, Parliament was informed on Wednesday.Under the provision of section 69A of the Act, the government directed blocking of 471, 500, 633 and 1,385 [...]
Price of vegetables
Bengaluru, Dec 8 (PTI) : Following are vegetable rates quoted at Agriculture Produce Marketing Committee (APMC).Rates per quintal: Cauliflower 1,000-5,500; Brinjal 400-7,000; Tomato 400-10,500; Bitter Gourd 3,000-6,000; Bottle Gourd 2,500-8,200: Ash Gourd 1,200-2,000: Green Chilli 200-5,720; Banana Green 1,000-3,600; Beans 400-,8100; Green Ginger 900-5,000; Carrot 1,500-7,000; Cabbage 1,200-5,000; Ladies Finger 250-7,000; Snake Gourd 2,800-5,400; Beetroot [...]
Crude oil futures dip on weak spot demand
New Delhi, Dec 8 (PTI) Crude oil prices on Wednesday fell by Rs 51 to Rs 5,419 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 51, or 0.93 per cent, to Rs 5,419 per barrel with a business volume of 4,729 lots. Analysts [...]
IndiGo signs agreement with CSIR-IIP to manufacture sustainable aviation fuel
New Delhi, Dec 8 (PTI) IndiGo has signed an agreement with Dehradun-based Council of Scientific and Industrial Research-Indian Institute of Petroleum (CSIR–IIP) to manufacture and deploy sustainable aviation fuel (SAF) globally, the airliner said on Wednesday.As per global airlines body IATA, SAF is defined as "fuel that has the potential to generate lower carbon emissions [...]
Steps to ease of doing biz, banking sector support will enhance telecom industry’s strength: Birla
The government has made policy interventions to boost the telecom sector and further measures in ease of doing business as well as support from the banking sector will enhance the industry’s strength and ensure that India remains at the cutting-edge of global technology trends, Aditya Birla Group Chairman Kumar Mangalam Birla said on Wednesday. Speaking [...]
Byju’s acquires Austria’s GeoGebra
New Delhi, Dec 8 (PTI) Continuing its aggressive acquisition spree, Byju's on Wednesday said it has acquired Austria-headquartered GeoGebra. The acquisition will help the homegrown edtech company - which has 115 million students on its learning platform - integrate GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing [...]
P&G Health India partners with Hindustan Times for ‘Ask your doctor’- An Awareness Initiative on Diabetic Neuropathy
MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- Nearly 1 in 3 diabetes patients live with Diabetic Neuropathy in India, according to International Diabetes Federation (IDF) Atlas 2019. To increase awareness about Diabetic Neuropathy and it's management, P&G Health has partnered with Hindustan Times for "Ask your doctor". The virtual event will be live on Dec [...]
Kaya elevates the consumer journey under the new narrative of ‘Beautiful is You’
Introduces CoolSculpting, an innovative body contouring treatment in India Following a remarkable inauguration in Kaya Middle-East, Kaya India is all set to launch for the first time in the region, a new customizable, non-surgical and non-invasive body contouring technology, powered by TruSculpt Flex NEW DELHI, Dec. 8, 2021 /PRNewswire/ -- Skincare and the dermatologist network-enabled [...]
Vande Bharatam-Nritya Utsav, Zonal Level Competition Starts from December 9th 2021
New Delhi, Delhi, India (NewsVoir) The selection process of the Vande Bharatam Nritya Utsav competition has reached its next stage at the zonal level. The Ministry of Culture has announced the launch of ‘Vande Bharatam-Nritya Utsav’, an All-India dance competition as part of Azadi Ka Amrit Mahotsav. The prime objective of this competition is to [...]
Frequent CEO changes reduce cos potential to improve equity premium: Study
New Delhi, Dec 8 (PTI) Companies that frequently changed chief executive officers (CEO) have reduced potential to improve equity premium, thereby hurting shareholders' long-term returns, according to a study.The study tracked a few Nifty 50 companies over a 15-year period.The companies with fewer CEO transitions enjoyed more than twice the average premium CAGR of 3 [...]
Low interest rate regime on home loans to continue, say realtors on RBI policy
New Delhi, Dec 8 (PTI) The Reserve Bank's decision to keep key policy rates unchanged will lead to continuation of low interest rates on home loans and support ongoing recovery of housing demand, according to property developers and consultants. Welcoming the RBI policy, CREDAI President Harshvardhan Patodia said, the "RBI's accommodative stance on keeping the [...]
Mittal flags high litigation in telecom sector; says new cases must be avoided
New Delhi, Dec 8 (PTI) Bharti Airtel Chairman Sunil Mittal on Wednesday said the regulatory regime needs to be simple to avoid fresh litigations in the telecom sector, asserting that collaboration among competing players, lower duties and reduction in spectrum pricing will help unleash the full potential of the industry.The telecom czar noted that the [...]
Want to benchmark Indian telecom regulations against best in world, open to new reforms: Vaishnaw
New Delhi, Dec 8 (PTI) Telecom Minister Ashwini Vaishnaw on Wednesday sought suggestions from industry stakeholders to usher in more reforms in the sector and place Indian regulatory framework at par with the best in the world. While speaking at India Mobile Congress event, Vaishnaw invited views of telecom players to spread digital connectivity across [...]
Refined soya oil fall on low demand
New Delhi, Dec 8 (PTI) Refined soya oil prices on Wednesday fell Rs 14.1 to Rs 1,215.5 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 14.1, or 1.15 per cent, [...]
Guar Seed futures decline on low demand
New Delhi, Dec 8 (PTI) Guar seed prices on Wednesday went down by Rs 38 to Rs 5,800 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading at Rs 5,800 down by Rs 38, or 0.65 per cent per 10 quintal with an [...]
Use USO fund to subsidise smartphones: Ambani
New Delhi, Dec 8 (PTI) Billionaire Mukesh Ambani on Wednesday pitched for using the USO Fund to subsidise smartphones for select groups to help penetrate the digital revolution and said India should make the rollout of 5G or the fifth-generation technology standard for broadband cellular networks a national priority. As much as 5 per cent [...]
Guar gum futures fall on low demand
New Delhi, Dec 8 (PTI) Guar gum prices on Wednesday fell Rs 120 to Rs 10,225 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 120 or 1.16 per cent, [...]
Cottonseed oil futures fall on soft demand
New Delhi, Dec 8 (PTI) Cottonseed oil cake prices on Wednesday declined by Rs 20 to Rs 2,767 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. [...]
Dental-tech start-up ‘Snazzy’ raises $2.2 million seed funding
Bengaluru, Dec 8 (PTI) Direct-to-consumer dental-tech start-up 'Snazzy' on Wednesday said it has raised a USD 2.2 million seed funding round from YCombinator, Form Capital, Goodwater Capital, and ANIM Fund. The round saw participation from several angel investors such as Kunal Shah (Founder, CRED), Bobby Goodlatte (Stripe and coinbase angel investor), Eric Idiahi (Partner, Verod [...]
RBI to soon float paper on reasonableness of charges on transactions via digital payments
Mumbai, Dec 8 (PTI) With a view to make digital transactions more affordable, the Reserve Bank of India will soon come out with a discussion paper on the reasonableness of charges on transactions through digital mode.Observing that concerted efforts by all stakeholders have led to a significant increase in digital payments in recent years, RBI [...]
Fitch cuts India GDP forecast for FY22 to 8.4%
New Delhi, Dec 8 (PTI) Fitch Ratings on Wednesday cut India's economic growth forecast to 8.4 per cent for the current fiscal year ending March 31, 2022, saying the rebound after the second wave of COVID infections has been subdued than expected. Fitch, which had previously forecast a GDP growth of 8.7 per cent in [...]
Announcing the Winners of the 2021 UiPath Automation Excellence Awards
Recognizing and celebrating customer-driven innovation using automation Bengaluru, Karnataka, India – Business Wire India UiPath, a leading enterprise automation software company, today announced the winners of its third edition of the UiPath Automation Excellence Awards. The awards aim to recognize and celebrate UiPath customers in India and South Asia, for the business impact created by [...]
Tekno Valves to scale up production capacity to 2 million valves in next 3 years: CEO
Kolkata, Dec 8 (PTI) City-based Tekno Valves will scale up production capacity to two million valves in the next three years, a top company official said. "The company produces close to 1.2 million valves a year at present and is looking to increase this to 1.5 million by December 2022 and two million by 2025," [...]
India-Bangladesh Maitri Flourishes at EXPO2020 Dubai
The two countries celebrate Maitri Diwas at India Pavilion to mark 50 years of bilateral relations Dubai, United Arab Emirates (NewsVoir) Marking the 50 years of establishment of diplomatic relations between India and Bangladesh, the two countries celebrated Maitri Diwas or Friendship Day on Tuesday evening at the India Pavilion in EXPO2020 Dubai. The celebrations [...]
World looking towards India for affordable, sustainable tech-enabled solutions: PM Modi
New Delhi, Dec 8 (PTI) Prime Minister Narendra Modi on Wednesday said the world is looking towards India for affordable and sustainable technology-enabled solutions across all streams of emerging domains, including 5G, artificial intelligence and robotics. In a message for the Indian Mobile Congress, Modi emphasised that it was important to look at how the [...]
Regulatory regime needs to be simple to avoid fresh litigations: Sunil Mittal
New Delhi, Dec 8 (PTI) Bharti Airtel Chairman Sunil Mittal on Wednesday said the regulatory regime needs to be simple to avoid fresh litigations in the sector and pitched for a reduction in spectrum pricing and lower duties.Addressing the India Mobile Congress event, Mittal noted that a lot of litigations remain in the telecom sector [...]
Investor wealth jumps over Rs 3 lakh cr in morning trade amid bullish mkt trend
New Delhi, Dec 8 (PTI) Investors' wealth surged by more than Rs 3 lakh crore in morning trade on Wednesday amid bullish market sentiments and the Reserve Bank deciding to leave key interest rate unchanged for the ninth consecutive time. With reports that the new COVID variant Omicron is unlikely to be more severe than [...]
NEWSALERT
Bharti Airtel Chairman Sunil Mittal pitches for a reduction in spectrum pricing, lowering of duties. PTI MBI BAL BAL
NEWSALERT
Regulatory regime needs to be simple, one that does not create more litigations going forward: Bharti Airtel Chairman Sunil Mittal. PTI MBI BAL BAL
SPARC inks licensing pact with Visiox Pharma for ophthalmic products
New Delhi, Dec 8 (PTI) Sun Pharma Advanced Research Company (SPARC) on Wednesday said it has inked a licensing pact with Visiox Pharma LLC for the development and commercialisation of two ophthalmic solutions.The company has entered into an agreement with Visiox Pharma LLC (Visiox) to grant exclusive worldwide rights (except for India and Greater China) [...]
Ambani pitches for 5G rollout, affordability
New Delhi, Dec 8 (PTI) Billionaire Mukesh Ambani on Wednesday pitched for India making the rollout of 5G or the fifth-generation technology standard for broadband cellular networks as a national priority to support the digital revolution. Speaking at the India Mobile Congress, he said India must complete the migration from 2G to 4G and 5G [...]
Mobile industry to play key role in India’s vision for USD 5 trn economy by 2025: Birla
New Delhi, Dec 8 (PTI) The mobile industry will play a "vital" role in India's vision to be a USD 5 trillion economy by 2025, of which USD 1 trillion will be the contribution from the digital economy, Aditya Birla Group Chairman Kumar Mangalam Birla said on Wednesday.Speaking at India Mobile Congress event, Birla asserted [...]
NEWSALERT
Roll out of 5G should be India's national priority; affordability critical driver to expand mobile subscriber base: Mukesh Ambani. PTI PRS MBI ANZ BAL BAL
Automobile retail sales remain in slow lane in Nov: FADA
Automobile retail sales in the country dropped by around 3 per cent in November as chip shortage and heavy rains in South India impacted sales across various segments, including passenger vehicles and two-wheelers, automobile dealers’ body FADA said on Wednesday. The Federation of Automobile Dealers Associations(FADA) is an apex national body representing automobile dealers of [...]
Healthways Wins the NBT BUSINESS ICONS AWARD
NEW DELHI, Dec. 8, 2021 /PRNewswire/ -- Healthways Dairy & Food products Pvt. Ltd. entered the Indian Dairy market tremendously inspired and motivated by the rich legacy of the founder, Late Choudhary Ved Ram Nagar, a pioneer in the dairy industry who was guided by the fundamental value of delivering quality. Mr. Narendar Nagar, Managing [...]
The First Domed School of India by Nirvana Being at Ardee Schools, New Delhi
NEW DELHI, Dec. 7, 2021 /PRNewswire/ -- In light of the events of the past 18 months, schools as people know them have to be re-imagined – the children have suffered from lack of a routine, a continuity, socialisation, physical play and more. The solutions need to ensure that future school closures are avoided. India [...]
NEWSALERT
Indian economy is relatively well positioned on path of recovery but it cannot be immune to global situation, says Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Globally, economies are opening up, activities level are reaching pre-pandemic level: Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
RBI to permit banks to infuse capital in overseas branches, repatriate profit without its prior permission, says Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
RBI would endeavour to broaden growth impulses, encourage credit flow to productive sectors: Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
RBI Governor Das says central bank would continue to manage liquidity in a manner to maintain financial stability. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Price stability remains cardinal principle of RBI as it fosters growth, stability: Governor Das while announcing monetary policy. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
RBI retains CPI inflation projection at 5.3% in 2021-22: Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Cut in excise duty on petrol, diesel to bring down inflation rate on durable basis: Reserve Bank Governor Das. PTI DP NKD ANZ ANS ANS ANS ANS
Fitch cuts India GDP forecast for FY22 to 8.4%
New Delhi, Dec 8 (PTI) Fitch Ratings on Wednesday cut India's economic growth forecast to 8.4 per cent for the current fiscal year ending March 31, 2022, but raised GDP growth projection for the next financial year to 10.3 per cent. Fitch had in October forecast a GDP growth of 8.7 per cent in 2021-22 [...]
NEWSALERT
RBI retains GDP growth target at 9.5% in FY22: RBI Governor Shaktikanta Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Recent reduction in taxes on petrol, diesel prices should support consumption demand, says RBI Governor Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Crude oil prices softening in November would alleviate domestic cost push build up: RBI Governor Das. PTI DP NKD ANZ DP ANS ANS
Pinterest releases its annual Pinterest Predicts report of the trends to watch for in 2022
SINGAPORE, Dec. 7, 2021 /PRNewswire/ -- Pinterest, Inc. (NYSE: PINS) Today, Pinterest is announcing its annual Pinterest Predicts trend report, featuring more trends, local spotlights, new demographic information, and a multitude of new opportunities for advertisers, creators and consumers. Pinterest's insights aren't a retrospective, or a round-up of what was trending, they are a predictive [...]
NEWSALERT
Indian economy hauled itself out of its deepest contraction; we are better prepared to deal with COVID-19: RBI Governor Das. PTI DP NKD ANZ ANS ANS
NEWSALERT
RBI to continue with accommodative stance to revive and sustain growth on durable basis: Governor Shaktikanta Das. PTI DP NKD ANZ DP ANS ANS
NEWSALERT
Fitch Ratings cuts India's economic growth forecast to 8.4% for the current fiscal year from 8.7% forecast in October. PTI ANZ ANZ ANS ANS
Age over 40, BMI above 23 and a Family History of Type 2 Diabetes Increases Diabetes Risk by 40 times – Findings from the Fitterfly Campaign
MUMBAI, India, Dec. 8, 2021 /PRNewswire/ -- In India, more than 80 million people are diagnosed with diabetes. By 2030, the number stated will see an increase to 130 million if no action is taken. Diabetes is an alarming issue in our country that requires immediate attention and precaution. With over 90 million people with [...]
Ping, read, reply, repeat: how to break bad email habits at work
By Emma Russell, Senior Lecturer in Occupational Psychology, Management, University of Sussex; Kevin Daniels, Professor of Organisational Behaviour, University of East Anglia; Marc Fullman, Researcher in Organisational Behaviour, University of Sussex; and Tom Jackson, Professor of Information and Knowledge Management, Associate Dean Research, Director of the Centre for Information Management, Loughborough University London, Dec 8 [...]
Hyundai lines up Rs 4,000 cr investment to drive in 6 EVs in India by 2028
New Delhi, Dec 8 (PTI) South Korean auto major Hyundai plans to invest around Rs 4,000 crore to drive in around six electric vehicles in India by 2028. The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform [...]
India among most unequal nations; top 1 pc of population holds 22 pc of national income: Report
New Delhi, Dec 7 (PTI) India stands out as a poor and very unequal country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. [...]
‘Rapid digital evolution leading to personalised consumption; speed to be key for FMCG supply chains’
New Delhi, Dec 7 (PTI) Consumption behaviour is leading to a change in the buying pattern significantly with e-commerce becoming a major channel and personalised consumption is on the rise in the FMCG industry, Colgate-Palmolive President - Asia Pacific Division Mukul Deoras said on Tuesday. Moreover, the supply chains are becoming more resilient and speed [...]
SII may cut Covishield’s monthly production by half amid demand slump
New Delhi, Dec 7 (PTI) With not enough orders for Covishield from the central government, Serum Institute of India (SII) CEO Adar Poonawalla on Tuesday said the company is looking at slashing monthly production of vaccines by at least 50 per cent. SII has written to the government to seek clarity on its requirement, if [...]
Ahead of IPO, Shriram Properties garners Rs 268 cr from anchor investors
New Delhi, Dec 7 (PTI) Shriram Properties on Tuesday said it has raised a little over Rs 268 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Wednesday. The company has decided to allocate 2,27,66,949 equity shares to anchor investors at Rs 118 apiece, valuing the transaction size [...]
MeitY felicitates winners of ‘Swadeshi Microprocessor Challenge’
New Delhi, Dec 7 (PTI) An integrated avionics system for drones and home solution for blood cell counting are among innovative technologies by Indian start-ups and students that won MeitY's 'Swadeshi Microprocessor Challenge', an official statement said on Tuesday. Ajay Sawhney, secretary, Ministry of Electronics and Information Technology (MeitY), felicitated the winners of the 'Swadeshi [...]
PSBs recovered over Rs 4.18 lakh cr related to frauds, defaults in last 3 fiscals: Minister
New Delhi, Dec 7 (PTI) Public sector banks recovered over Rs 4.18 lakh crore in the last three financial years from incidents pertaining to frauds and defaults, Parliament was informed on Tuesday. Also, the amount related to frauds of Rs 1 lakh and above has declined over the period. The government has taken comprehensive steps [...]
CII makes case for replacing bank guarantees with surety bonds in infra sector
New Delhi, Dec 7 (PTI) Industry body CII has urged the government to consider replacing bank guarantees with surety bonds in the infrastructure sector and also develop the municipal bond market so that urban local bodies can raise funds. In its recommendations for the forthcoming Union Budget 2022-23, the chamber also said asked the government [...]
Road builders’ revenue may rise 15 pc this fiscal but margin to dip 100-150 bps: Report
Mumbai, Dec 7 (PTI) Despite a likely 15 per cent increase in their revenue this fiscal, road construction companies are set for a 100-150 basis points (bps) margin compression on higher input costs, according to a report. The credit profiles of road engineering, procurement and construction (EPC) companies also look to be stable given healthy [...]
Brightcom Group acquires MediaMint for Rs 566cr
New Delhi, Dec 7 (PTI) Brightcom Group on Tuesday said it will acquire Vuchi Media Private Limited, which operates end-to-end digital consulting services firm 'MediaMint', for about Rs 566 crore. "Brightcom Group acquired 100 per cent of MediaMint for about Rs 566 crores in cash and stock," a regulatory filing said. Of this, Rs 360 [...]
Govt extends time limit up to December 31 for submission of life certificate by pensioners
New Delhi, Dec 7 (PTI) Union minister Jitendra Singh on Tuesday said the government has decided to extend up to December 31 the time limit for submission of life certificate by central government pensioners, in yet another reform to enhance ease of living for elder citizens. The decision was taken in view of the ongoing [...]
‘Domestic air passenger traffic crosses 10-mn mark in Nov; Omicron has potential to derail recovery’
Mumbai, Dec 7 (PTI) Continuing on the recovery path, domestic air passenger traffic crossed the 10-million mark in November for the first time since the pandemic hit the aviation industry in March last year but the coronavirus' new variant Omicron has the potential to spoil the party, according to rating agency ICRA. After recording 1.23 [...]
Indian geospatial market can grow at 12.8% to Rs 63,100 crore by 2025-Report
Hyderabad, Dec. 7 (PTI): India’s geospatial economy is currently valued at Rs 38,972 crore and has potential to grow to Rs 63,100 crore at 12.8 per cent by 2025 end, according to India Geospatial “Artha” Report, released here on Tuesday. The report, which was launched at the GeoSmart India 2021, in presence of Amit Khare, [...]
RBI retains Advisory Committee of Reliance Capital
Mumbai, Dec 7 (PTI) A day after NCLT admitted RBI's petition for insolvency resolution of Reliance Capital, the central bank on Tuesday said it has retained the three-member Advisory Committee to assist the newly appointed administrator of the crisis-ridden NBFC. The Mumbai bench of the National Company Law Tribunal (NCLT) on Monday admitted the Reserve [...]
Dollar Industries finds new JV partner to focus on premium knitwear segment
Kolkata, Dec 7 (PTI) Dollar Industries on Tuesday said the G.O.A.T Brand Labs has acquired the entire share of Pepe Jeans Europe in a JV company in which the Kolkata-based innerwear major also holds a stake. Pepe Jeans, which had formed a 50:50 joint venture with Dollar Industries in India in 2017, recently decided to [...]
Ensure coconut cracks, not the road: LS member on quality of roads
New Delhi, Dec 7 (PTI) Next time, ensure that the coconut cracks and not the road, remarked a member from Uttar Pradesh in the Lok Sabha on Tuesday while flagging concerns about the quality of roads. Bahujan Samaj Party (BSP) member Shyam Singh Yadav made the remarks during the Question Hour while referring to a [...]
Tata-Lockheed Martin Aerostructures to produce fighter wings at Hyd facility
Hyderabad, Dec 7 (PTI): Lockheed Martin on Tuesday formally recognized Tata-Lockheed Martin Aerostructures Limited (TLMAL) as a potential future co-producer of fighter wings. Telangana Minister for IT and Industries KT Rama Rao and senior officials of Lockheed Martin Aeronautics, TLMAL leadership and others attended a ceremonial event marking the first fighter wing prototype built at [...]
Hindustan Zinc board approves interim dividend of Rs 18 per share for 2021-22
New Delhi, Dec 7 (PTI) Vedanta group firm Hindustan Zinc on Tuesday said its board has approved an interim dividend of Rs 18 per equity share for 2021-22, amounting to Rs 7,605.57 crore. The interim dividend will be paid within stipulated timelines, the company said in a filing to the BSE. "The board of directors [...]
PLI scheme in food processing to go a long way in creating large scale capacity: FMCG cos
New Delhi, Dec 7 (PTI) FMCG majors Nestle India, Parle, Dabur and Britannia on Tuesday said the PLI scheme in food processing will go a long way in creating large scale capacity, creating great Indian brands in international markets besides helping farmers here in the country. With the government approving their applications for the production [...]
TRAI to telcos: Allow port out SMS facility irrespective of tariff offer, voucher value
New Delhi, Dec 7 (PTI) Sector regulator TRAI on Tuesday directed telecom operators to "immediately" enable port out SMS facility for all mobile users requiring it, irrespective of value of their tariff offer, vouchers, or plans. The Telecom Regulatory Authority of India (TRAI) took a strong note of telecom service companies not providing outgoing SMS [...]
Brightcom to acquire MediaMint for Rs 566 Cr
Hyderabad, Dec 7 (PTI): Brightcom Group Limited an Ad-Tech industry player on Tuesday announced the signing of a definitive share purchase agreement to acquire 100 per cent of Vuchi Media Private Limited, operating under the brand name of MediaMint for about Rs 566 crore. According to a press release issued by the city-based firm, the [...]
‘Explore business opportunities in Gujarat; attend VGGS-2022’; minister to investors from Karnataka
Bengaluru, Dec 7 (PTI) Gujarat Minister Jitubhai Vaghani on Tuesday urged investors from Karnataka to invest in his state as he asked them to attend the 'Vibrant Gujarat Global Summit-2022', which he said presented a unique business opportunity. "Karnataka is home to leading IT firms and over 2,000 IT firms, including Startups. Gujarat is also [...]
BGE-BULLION CLOSING
Bengaluru, Dec 7 (PTI): Closing bullion rates on Tuesday Standard gold : (99.5 purity) Rs 49,410 per 10 gram Ornament gold : Rs 4,608 per gram Silverspot : (.999 fineness) Rs 62,900 per kg. PTI DVR APR APR
Nestlé S.A. sets up global IT services centre in Bengaluru, to support over 45 countries
New Delhi, Dec 7 (PTI) Swiss FMCG major Nestle S.A. on Tuesday said it has opened a global IT services centre in Bengaluru to support its entities in over 45 countries across Asia, Oceania and Africa. Nestlé Global Services India (NGSI), which is expected to be fully operational by the end of 2022, will also [...]
Coal-based thermal power generation rises 16.1 pc to 594 bn units in Apr-Oct: Govt
New Delhi, Dec 7 (PTI) Coal-based thermal power generation has increased by 16.1 per cent to 594.4 billion units (BU) during April-October this year over the same period a year ago, Parliament was informed on Tuesday. Coal-based thermal power generation was recorded at 511.9 BU in the same period last year, Union Power Minister R [...]
Business briefs
*Skillsoft ties up with Udemy Business for content partnership Mumbai, Dec 7 (PTI) Skillsoft on Tuesday said it has entered into a content partnership with edtech company Udemy Business to integrate the latter's content into its Percipio next-generation platform. Through this content partnership, Skillsoft will integrate Udemy Business' content into its Percipio next-generation platform, streamlining [...]
Volkswagen launches new Tiguan SUV tagged at Rs 31.99 lakh
Mumbai, Dec 7 (PTI) Volkswagen Passenger Cars on Tuesday launched the facelift version of its five-seater Tiguan SUV in the domestic market at an introductory price of Rs 31.99 lakh (ex-showroom). The company at the launch event here on also announced the opening of bookings from Tuesday with deliveries expected to commence from mid-January next [...]
Till September, 421 cases resolved under insolvency law; 1,149 cases went for liquidation: Govt
New Delhi, Dec 7 (PTI) As many as 421 cases involving a realisable value of Rs 2.55 lakh crore were resolved and 1,149 cases having a liquidation value of Rs 52,036 crore went for liquidation under the insolvency law till this September, the government said on Tuesday. Corporate Insolvency Resolution Process (CIRP) is conducted as [...]
ARECA-COCONUT-PRICES
Areca (per QTL) Old Supari : Rs 48000 to Rs 52500 model Rs 51000 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 Rs 27000 model Rs 25000 2nd qlty : Rs 10000 to [...]
eBikeGo acquires manufacturing, marketing rights for European e-scooter Muvi from Torrot
Mumbai, Dec 7 (PTI) Electric two-wheeler mobility firm eBikeGo has acquired the manufacturing and marketing rights for European e-scooter Muvi from Spanish automotive company Torrot, a statement said on Tuesday. This vehicle will be manufactured and sold in the domestic as well as global market, eBikeGo said. Muvi is an IoT and AI-enabled electric vehicle [...]
Jewelegance Ushers in Wedding Season with New Range of Diamond Collection
December 7: Jewelegance, one of India’s most trusted online jewellery stores, has launched an exquisite collection of diamond jewellery to sparkle the prevailing wedding season. The fresh collection is inspired by the classical Indian culture that holds a rich heritage of diamonds in conjugal ceremonies. Having been a forerunner in jewellery innovation, jewelegance is touted [...]
New premium income of life insurers up 42 pc at Rs 27,177 cr in Nov: Irdai
New Delhi, Dec 7 (PTI) The new premium income of life insurance companies jumped by nearly 42 per cent to Rs 27,177.26 crore in November this year, data from Irdai showed on Tuesday. All the 24 life insurance companies had written new business or the first year premium totalling Rs 19,159.30 crore in November 2020. [...]
Probus Insurance raises USD 6.7 mn from Swiss impact fund
Mumbai, Dec 7 (PTI) Digital insurance broker Probus Insurance Broker has raised USD 6.7 million in a funding round led by the Switzerland-based Blue Orchard Impact Investment Managers. The company, which did not reveal the names of other investors, said it will deploy the capital in technology and to expand its presence across geographies. Blue [...]
PRICES MUM BULLION CLOSING
Mumbai, Dec 7 (PTI) SILVER SPOT (IN RS PER kg) : 61127.00 STANDARD GOLD (99.5) : 47671.00 PURE GOLD (99.9) : 47863.00 --------------------- PTI MUM SVC SHW SHW
Rupee surrenders gains to end flat as rising crude prices weigh
Mumbai, Dec 7 (PTI) The rupee erased all its intra-session gains to end on a flat note at 75.44 against the US dollar on Tuesday as investors took note of rising crude oil prices and sustained foreign capital outflows. However, a sharp rebound in domestic equities improved investor sentiment, helping in restricting rupee slide. At [...]
Invest Safely Even During Market Fluctuations with Bajaj Finance Fixed Deposit
Pune, Maharashtra, India (NewsVoir) There is always an air of uncertainty around market-linked investment instruments and it became amply evident on Monday with Sensex tanking by more than 900 points. And while there is no denying that investment options like Mutual Funds and stocks usually offer good returns, they also come with the risk of [...]
SpiceJet says Madras High Court has stayed its earlier order of winding up the airline
New Delhi, Dec 7 (PTI) The Madras High Court has stayed its earlier order of winding up SpiceJet and the airline will soon initiate "appropriate remedial steps including preferring an appeal" against the order before a higher bench, the company said on Tuesday. In a filing to BSE, the budget carrier said the Madras High [...]
‘Ma Foi’ K Pandiarajan’s rural skill building initiative; unveils Ma Foi Career Centre
Chennai, Dec 7 (PTI): HR services company Ma Foi announced its plan to offer skill building services in rural areas and would be setting up 242 training centres in this connection across the country, a top official said on Tuesday. Noted entrepreneur and former Tamil Nadu Minister K Pandiarajan launched the Ma Foi Career Centre [...]
Filaantro: Crowdfunding for a Cause
Mumbai (Maharashtra) [India], December 07: Filaantro is an online crowdfunding platform helping individuals and organisations to raise funds by collecting donations. Founded in 2019 by Mr Jiji John, Mr Sunil Varghese, Mr Jugender Singh and Mr Rajendra Pathak, Filaantro is leading with the vision of connecting individuals and communities through their platform and inspiring them [...]
Govt may consider any institute keen to take lead in setting up of cooperative university: Shah
New Delhi, Dec 7 (PTI) There is a need for the establishment of a cooperative university in the country and the government may consider any institution that is keen to take a lead in this regard, Union Cooperation Minister Amit Shah informed Parliament on Tuesday. Shah, in his written reply to a query in the [...]
India exports Rs 27,575 cr worth of marine products in Apr-Sept: Centre
New Delhi, Dec 7 (PTI) The country exported 6.05 lakh tonnes of marine products worth Rs 27,575 crore in the first six months of the current financial year 2021-22 with the most exports undertaken from Andhra Pradesh, Parliament was informed on Tuesday. In his written reply to a query in the Lok Sabha, Minister of [...]
Conflicts and wars on the African continent holding back its stability: SAfrican Prez
Johannesburg, Dec 7 (PTI) Conflicts and wars are holding back the African continent's economic growth, South African President Cyril Ramaphosa has said, emphasising that "continental unity" holds the key to prosperity in the future. Ramaphosa spoke at the seventh edition of the Dakar International Forum on Peace and Security on Monday evening, as part of [...]
Sensex surges 887 pts amid global rebound as Omicron fears wane
Mumbai, Dec 7 (PTI) Market benchmarks made an emphatic comeback on Tuesday after a two-session selloff, in tandem with a recovery in global equities as worries over the Omicron variant receded. According to experts, world markets heaved a sigh of relief after initial studies showed that even though the Omicron strain of COVID-19 is fast [...]
No operator at any major port denied handling of Exim cargo from any nation: Govt
New Delhi, Dec 7 (PTI) No operator at any major port has denied handling of Exim cargo from any nation, Parliament was informed on Tuesday. However, Adani Port and SEZ has issued advisory vide circular dated October 11, according to which from November 15, APSEZ is not handling EXIM containerised cargo originating from Iran, Pakistan [...]
UN Panel of External Auditors can contribute to strengthening of accountability standards: CAG Murmu
New Delhi, Dec 7 (PTI) Comptroller and Auditor General (CAG) of India Girish Chandra Murmu has said that the UN Panel of External Auditors is uniquely placed to contribute to the strengthening of the transparency and accountability standards. He also said the Panel is a distinctive forum for exchanging new ideas and sharing new methodologies [...]
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.
