#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
3 Stocks fall despite reporting net profit growth of up to 125% in Q1
Domestic benchmark indices opened lower on Monday due to weak global cues. Nifty closed at 24,056, remaining above 24,000 despite pressure, while Nifty Midcap 100 and Smallcap 100 fell by 3.55% and 4.57%. Bank Nifty closed at 50,092, breaking support at 50,438. Here are the stocks that shown bearish movement despite positive results:- JK Tyre [...]
Why did Sensex, Nifty and Nikkei index crash today?
The Indian stock market benchmarks, the Sensex and Nifty 50, experienced a significant crash, each declining over 3 percent in intraday trading. This downturn was largely influenced by global market trends, particularly fears of a recession in the United States and escalating tensions in the Middle East. The Nifty 50 plummeted 824 points, falling below [...]
Will Ola Electric be next Paytm or Zomato? Key risks explained
Founded in 2017, Ola Electric Mobility Limited is an electric vehicle company that primarily manufactures electric vehicles and certain core components for electric vehicles such as battery packs, motors, and vehicle frames at the Ola Future factory. The initial public offering (IPO) of Ola Electric opened for subscription on August 2 and will close on [...]
Solar stock hits 5% upper circuit after its net sales increases by 61,900% in Q1
In Monday’s trading session, the shares of a manufacturer of solar cells and modules hit a 5% upper circuit at Rs. 635.65 on BSE, after reporting financial results for Q1 FY24-25 with a rise in the revenue from operations by 350% QoQ and 61900% YoY. With a market capitalisation of Rs. 2,682.8 crore, the shares [...]
Vijay Kedia stocks trading at discount of up to 40% to look out for
Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring. Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in [...]
Dolly Khanna stock jumps 4% after company’s net profit increases by 135% YoY
Dolly Khanna stock engaged in recycling of the waste tyres/end of life tyres (ELT) and manufacturing value-added product derived from it, jumped 4 percent in the day’s trade upon reporting a 135 percent jump in Net Profits in Q1FY25. Price Action With a market capitalization of Rs. 3,203 Crores, the shares of Tinna Rubber and [...]
Tata group stock in focus after receiving LoI from Power Finance Corporation
Tata Group stock primarily involved in the business of generation, transmission, and distribution of electricity and many more, in focus upon receiving a Letter of Intent from Power Finance Corporation Limited’s subsidiary to acquire an SPV. Price Action With a market capitalization of Rs. 1,40,308 Crores, the shares of Tata Power Limited were trading at [...]
IT stock in focus after FIIs and DIIs bought stake in the company for ₹ 458.6 Cr
Foreign institutional investors (FIIs) and domestic institutional investors (DIIs)—including Citigroup Global Markets Mauritius, ICICI Prudential MF, and Societe Generale—purchased stakes in one of India’s top high-end computing solutions (HCS) providers, on Friday, for nearly Rs. 458.65 crores through open market transactions. With a market capitalisation of Rs. 12,653.5 crores, the shares of Netweb Technologies India [...]
Penny stock hits upper circuit after receiving an order worth ₹ 280 Mil from Sarveshwar Foods
The shares of this microcap company jumped around 2 percent in Monday’s trading session after receiving an order worth Rs. 280 million. Price Movement: With a market capitalization of Rs. 420 crores, the shares of Integra Essentia Ltd started Monday’s trading session on a higher note at Rs. 4.09, gaining around 2 percent compared to [...]
Smart meter stock hits 5% lower circuit after promoters sell stake in the company
Shares of this smart meter stock experienced a significant decline, hitting the 5 percent lower circuit limit after promoters sold 84 lakh shares in the company. This substantial stake sale has raised concerns among investors, leading to a sharp drop in the stock price. Price Movement In Monday's trading session, the share price of Genus [...]
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
TVS Motor sales fall 15 pc in Nov
New Delhi, Dec 1 (PTI) Chennai-based TVS Motor Company on Wednesday reported a 15 per cent decline in total sales at 2,72,693 units for November 2021.The company had sold 3,22,709 units in the same month last year, TVS Motor said in a regulatory filing.The total two-wheelers sales stood at 2,57,863 units last month, against 3,11,519 [...]
Sumitomo Mitsui completes purchase of 74.9 pc stake in Fullerton India
Mumbai, Dec 1 (PTI) Sumitomo Mitsui Financial Group Inc on Wednesday said it has completed the purchase of a 74.9 per cent stake in Fullerton India Credit Company from Fullerton Financial Holdings Pte Ltd. The transaction was done on November 30, 2021, a company release said. However, the company did not disclose the financial details [...]
Bengal secures USD 135 million World Bank loan to upgrade rural power distribution network
(Eds: Adding a word in headline) Kolkata, Dec 1 (PTI) International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loan to West Bengal to improve the operational efficiency and reliability of electricity supply in select pockets in the state. The IBRD and its concessional lending arm, the International Development Association [...]
Global Energy Association opens a new nomination cycle
MOSCOW, Dec. 1, 2021 /PRNewswire/ -- The Global Energy Association starts accepting submissions on 1st December for the awarding of prizes in the fields of Conventional Energy, Non-conventional Energy and New Ways of Energy Application. The nomination cycle will take place in three stages. In the first stage, from 1st December to 20th March, nomination [...]
Escorts reports 30 pc dip in Nov tractor sales at 7,116 units
New Delhi, Dec 1 (PTI) Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30 per cent decline in total tractor sales at 7,116 units in November 2021. The company had sold 10,165 units in the same month last year, Escorts said in a regulatory filing. Domestic tractor sales were down 32.8 [...]
KISS & KIIT Inks MoU with NGMA
BHUBANESWAR, India, Dec. 1, 2021 /PRNewswire/ -- Kalinga Institute of Social Sciences (KISS) & Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar signed an MoU with the National Gallery of Modern Art (NGMA), Ministry of Culture, Government of India on 29th November 2021. Dr. Achyuta Samanta, Founder, KIIT & KISS, signed the MoU on behalf of [...]
Silexon Partners with Excelra, Deploying GOSTAR to Strengthen its AI-driven Drug Discovery and Biopharmaceutical Research Platform
HYDERABAD, India and NANJING, China, Dec. 1, 2021 /PRNewswire/ -- Excelra, a leading global data & analytics provider, today announced its partnership with Silexon AI Technology, a next-generation biotech company with a scalable AI/ML (Artificial Intelligence and Machine Learning) platform for drug discovery and biopharmaceutical research. Under the agreement, Excelra will provide ADMET and Binding [...]
PVR NEST and Deakin University team up to launch ‘You for Youth’ initiative
NEW DELHI, Dec. 1, 2021 /PRNewswire/ -- PVR NEST, the Corporate Social Responsibility (CSR) arm of PVR Limited, and Deakin University, one of the most progressive international education providers, have jointly launched the 'You for Youth' – a digital campaign initiative – a campaign aimed at advocating the need for focussing on certain Sustainable Development [...]
Top Five Upcoming Developers Changing the Skyline of Delhi NCR
New Delhi, Delhi, India (NewsVoir) MRG World (Gurugram), Whiteland Corporation (Gurugram), Maasters Infra (Noida), SKA Group (Noida), and Axon Developers emerged as the ‘Top Five Emerging Developers of NCR’ in the list announced by a Delhi-based research firm. The survey was conducted by International Brand & Research Forum (IBRF) across the region with a special [...]
Bengal secures 135 million World Bank loan to upgrade rural power distribution network
Kolkata, Dec 1 (PTI) International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loan to West Bengal to improve the operational efficiency and reliability of electricity supply in select pockets in the state. The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively also called the [...]
HTC Global Services reveals new brand identity uniting CareTech and Ciber under one brand
TROY, Mich. and CHENNAI, India, Dec. 1, 2021 /PRNewswire/ -- HTC Global Services today announced that its companies, including CareTech Solutions and Ciber Inc., are uniting under one name and one brand - HTC Global Services. As part of this effort, the company has adopted a new identity that embodies its renewed ambitions and aspirations. [...]
FOX India Hiring Top Talent to Build Media Technology Innovation Hub
BANGALORE, India, Dec. 1, 2021 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") continues to increase digital talent across its brands with the announcement of its recently established technology presence in India. The newly formed FOX India entity is the latest investment by the FOX Tech team to attract, hire and prime [...]
Bajaj Auto reports 10 pc dip in Nov sales
New Delhi, Dec 1 (PTI) Bajaj Auto on Wednesday reported a 10 per cent decline in its total wholesales at 3,79,276 units in November 2021.The company had dispatched 4,22,240 units in the same month a year ago.Domestic sales last month fell 20 per cent to 1,58,755 units against 1,98,933 units in November last year, Bajaj [...]
Paytm expects revenue, monetisation methods to expand in next few quarters: CEO
New Delhi, Dec 1 (PTI) Digital payments and financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters, according to a top company official.Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale [...]
Sai Life Sciences’ pharmaceutical API manufacturing site receives Certificate of Inspection from PMDA, Japan
HYDERABAD, India, Dec. 1, 2021 /PRNewswire/ -- Sai Life Sciences, a leading global Contract Research, Development & Manufacturing Organization (CRO/ CDMO), today announced that the Japanese regulatory agency, Pharmaceuticals and Medical Devices Agency (PMDA) completed a paper-based compliance inspection of its intermediate & API manufacturing facility in Bidar, India and issued a Certificate of Inspection. [...]
India’s First Game-Based Investment Start-up Fello Raises 1 Million USD in Seed Round Led by Entrepreneur First, a Global Talent Investor
Bengaluru, Karnataka, India – Business Wire India Fello, India’s first game-based investment start-up, has raised $1 million in a seed round led by global talent investor, Entrepreneur First (EF). Other investors in the seed round included Acequia Capital, Kube VC, Upsparks, JITO Angels, Dexter Angels, and independent investors Ashneer Groover, Co-founder, BharatPe, Bala Parthasarathy, CEO [...]
Harrison.ai raises AUD$129 million and partners with Sonic Healthcare to develop pathology AI, accelerating its mission to expand capacity of global healthcare
$129 million funding raised from global venture firms and strategic investors including Horizons Ventures, I-MED Radiology and Sonic Healthcare in one of Australia's largest Series B funding rounds ever New pathology Joint Venture combines Harrison.ai's expertise in clinical artificial intelligence with Sonic Healthcare's clinical expertise and network SYDNEY, Dec. 1, 2021 /PRNewswire/ -- Harrison.ai, the [...]
Pininfarina at the Hong Kong MotorXpo with the Model E designed for Foxconn
TORINO, Italy, Nov. 30, 2021 /PRNewswire/ -- Pininfarina is back at the International MotorXpo Hong Kong. Making its official debut at an Auto Show will be the electric Model E sedandesigned for Hon Hai Technology Group (Foxconn), on display from 1 to 5 December in the Designer Zone at the AsiaWorld-Expo. The Model E, first [...]
MG Motor India sales decline 40 pc to 2,482 units in Nov
New Delhi, Dec 1 (PTI) MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.The company had clocked retail sales of 4,163 units in the same month last year."Enduring the industry challenges of global [...]
Here Comes The Sun: Emirates LitFest Releases Stunning Images Of Dubai Community Celebrating Countdown To The 2022 Festival
UAE leads the charge in global groundswell of conversation about reading with a 7% y-o-y growth DUBAI, UAE, Nov. 30, 2021 /PRNewswire/ -- The countdown to 14th Emirates Airline Festival of Literature begins with a spectacular sunrise event as a taster for the leading global literary festival. Bringing to life one of the findings of [...]
S African Prez lauds breakthrough deal to manufacture and supply Covid vaccines to Africa
Johannesburg, Nov 30 (PTI) South African president Cyril Ramaphosa has welcomed a breakthrough deal between the country's Aspen Pharmacare and pharmaceutical multinational Johnson & Johnson for Covid-19 vaccines being manufactured in South Africa for distribution to the African continent as part of efforts to end vaccine inequality.“The effectiveness of our response as the African continent [...]
Programme launched to upskill street food vendors: EDMC
New Delhi, Nov 30 (PTI) A project to upskill street food vendors of east Delhi so as to make them eligible for e-cart licence was launched on Tuesday, the civic body said. The project is an initiative of the Ministry of Skill Development and Entrepreneurship in association with the East Delhi Municipal Corporation. It was [...]
Stricter norms for int’l passengers to be effective from Tuesday midnight
New Delhi, Nov 30 (PTI) Strict norms for arriving international passengers, especially from 'at-risk' countries, will come into effect from Tuesday midnight and authorities are stepping their vigil for effective surveillance amid mounting concerns over the emergence of the coronavirus variant Omicron. While no cases of Omicron have been reported so far in India, the [...]
Sardar Sukhbir a bizman, out to snatch others’ businesses: Sidhu
Ludhiana, Nov 30 (PTI) SAD chief Sukhbir Singh Badal is a businessman, out to snatch businesses of others, Punjab Congress chief Navjot Singh Sidhu alleged on Tuesday. Sidhu hurled the allegation while addressing reporters here before attending a meeting of local Congress councillors, during which he also termed as “hollow” Badal’s various promises made to [...]
Q2 GDP numbers encouraging, looking forward to double-digit growth in 2021-22: PHDCCI
New Delhi, Nov 30 (PTI) With India's GDP expanding by a better-than-expected 8.4 per cent in the July-September quarter, industry chamber PHDCCI on Tuesday said the country's economic growth is likely to be in double-digits in 2021-22. On the back of meaningful and proactive reforms undertaken by the government, calibrated measures by the RBI, rapid [...]
Business briefs
*RPS Consulting appoints Francis Jacob as President and Business Head New Delhi, Nov 30 (PTI) NIIT subsidiary RPS Consulting on Tuesday said it has appointed Francis Jacob as its President and Business Head.RPS Consulting provides training programmes on emerging digital technologies for experienced technology professionals, specifically addressing the needs of global systems integrators and capability [...]
PB Fintech arm invests Rs 10.8cr more in Visit Health, holds minority stake
New Delhi, Nov 30 (PTI) Docprime, a fully-owned subsidiary of PB Fintech, has made a further investment of over Rs 10.8 crore in healthcare and wellness services provider Visit Health (VHPL) for a minority stake. The board of directors of PB Fintech approved the proposal at a meeting held on Tuesday (November 30, 2021), the [...]
Govt approves continuation of Scheme for Investment Promotion for 5 years
New Delhi, Nov 30 (PTI) The government has approved the continuation of the Scheme for Investment Promotion (SIP) for five years (2021-26) with a financial outlay of Rs 970 crore, according to a notification of the commerce and industry ministry. The scheme comprises a number of components and activities for the promotion of investment into [...]
Bank officers’ union launches nationwide movement against privatisation
New Delhi, Nov 30 (PTI) Bank officers' union on Tuesday launched nationwide movement against proposed privatisation of stat-owned lenders. 'Bank Bachao Desh Bachao Rally' was held at New Delhi's Jantar Mantar on Tuesday attended by officers and other stakeholders from various parts of the country, the All India Bank Officers' Confederation (AIBOC) said in a [...]
IJMA seeks nod to import 5 lakh bales of raw jute from Bangladesh
Kolkata, Nov 30 (PTI) The Indian Jute Mills Association has sought permission from the authorities to import five lakh bales of raw jute from Bangladesh to tide over the shortage of the fibre, IJMA Chairman Raghavendra Gupta said on Tuesday.The industry lobby body said the import is intended for non-food packaging. The price of Bangladeshi [...]
Tega Industries mobilises Rs 186 crore from anchor investors ahead of IPO
New Delhi, Nov 30 (PTI) Tega Industries, manufacturer of consumables for the mining industry, on Tuesday said it has garnered Rs 186 crore from anchor investors ahead of its initial share-sale that opens for public subscription on Wednesday. The company has decided to allocate 41 lakh equity shares to anchor investors at Rs 453 [...]
TRAI releases consultation paper to discuss pricing, modalities for auction of 5G spectrum
New Delhi, Nov 30 (PTI) Telecom regulator TRAI on Tuesday released a detailed consultation paper to discuss threadbare the modalities for auction of spectrum across multiple bands, including pricing, quantum and other conditions -- preparing the groundwork for 5G auctions slated for next year. TRAI's comprehensive consultation paper runs into 207 pages and throws up [...]
COMMODITY PRICES
Mumbai, Nov 30 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 720.00 COPPER HEAVY SCRAPS 712.00 COPPER ARMATURE (CREDIT) 695.00 COPPER UTENSILS SCRAP 631.00 CC ROD 773.00 BRASS :- BRASS SHEET CUTTING 545.00 BRASS UTENSIL SCRAP 488.00 BRASS HONEY 483.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]
OILSEEDS PRICES
Mumbai, Nov 30 (PTI) OILS (per 10 Kgs) G.Nut Raw 1310.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1200.00 Sunflower Exp.Ref. 1285.00 Cottonseed(Refined) 1240.00 Refined Palm Oil 1182.00 Soyabean Ref. 1215.00 Imp.Soyabean Crude - Rapeseed Ref. 1710.00 Rapeseed Exp. 1680.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1200.00 Linseed 2050.00 Castor [...]
Skill India launches programme to upskill street food vendors
New Delhi, Nov 30 (PTI) Targeting to train 2,500 street food vendors in the pilot phase, the skill development and entrepreneurship ministry on Tuesday said it has launched a programme to upskill these vendors and make them eligible for e-cart licence. As part of the pilot phase, the ministry will start skilling the street vendors [...]
KVIC to begin Pashmina production soon in Varanasi: MSME ministry
New Delhi, Nov 30 (PTI) The Khadi and Village Industries Commission (KVIC) has roped in four Khadi institutions from Varanasi and Ghazipur districts of Uttar Pradesh for processing raw Pashmina wool and weaving it further into woollen fabric, an official statement said on Tuesday. "The globally acclaimed Pashmina wool products, which are indigenous to the [...]
Double-digit growth likely this year; fiscal deficit target to be met, says CEA
New Delhi, Nov 30 (PTI) Chief Economic Adviser (CEA) K V Subramanian on Tuesday exuded confidence that India would achieve double-digit growth in the current financial year on the back of policy initiatives and continuing reforms. He also said the country is well poised to meet the fiscal deficit target of 6.8 per cent of [...]
Indian Bank reports fraud of over Rs 33cr to RBI
New Delhi, Nov 30 (PTI) State-owned Indian Bank has reported a fraud of more than Rs 33 crore to the Reserve Bank, involving two of its accounts that turned into NPAs. Two non-performing loan accounts, Raj Events and Entertainment and Capricorn Food Products India, have been declared as fraud and reported to the RBI as [...]
Seven firms, including JSW Steel, submit bids for coal blocks
New Delhi, Nov 30 (PTI) JSW Steel and Adhunik Power & Natural Resources are among seven companies that have submitted bids for four coal blocks put up for sale under "second attempt" of auction process for 11 mines for commercial mining. These coal mines were also offered in the first attempt launched on March 25 [...]
Need credible policy to attract investments that are exiting China to boost MSME manufacturing: Rane
New Delhi, Nov 30 (PTI) MSME Minister Narayan Rane on Tuesday met Finance Minister Nirmala Sitharaman and flagged the need for a credible policy for attracting foreign investments that are exiting China, to enhance the manufacturing capacity of micro, small and medium enterprises. Rane held a detailed discussion regarding the enhancement of budget and continuation [...]
Unemployment rate at 9.3 pc in Jan-Mar 2021: NSO survey
New Delhi, Nov 30 (PTI) Unemployment rate for persons of age 15 years and above in urban areas rose to 9.3 per cent in January-March 2021 from 9.1 per cent in the same month of the previous year, showed a periodic labour force survey by the National Statistical Office (NSO). Joblessness or unemployment rate (UR) [...]
Majestic Auto shareholders reject re-appointment of Aashim Munjal as director, JMD
New Delhi, Nov 30 (PTI) Shareholders of Majestic Auto Ltd have rejected re-appointment of Aashima Munjal, daughter of the company's Chairman and Managing Director Mahesh Munjal, as a Wholetime Director and Joint Managing Director for a period of five years, according to a regulatory filing by the firm. The company, which is now into real [...]
Simplilearn completes maiden ESOP buyback worth Rs 48.7 cr
New Delhi, Nov 30 (PTI) Digital skills training platform Simplilearn on Tuesday said it has completed its maiden Employee Stock Option Plan (ESOP) buyback worth Rs 48.74 crore. The company had offered active employees to liquidate up to 25 per cent of their vested ESOPs as part of this buyback, a statement said. With this, [...]
GDP grows at 8.4 pc in Q2; India maintains status as fastest growing economy
New Delhi, Nov 30 (PTI) The Indian economy remained on track to post the fastest growth among major economies this year as its GDP expanded by a better-than-expected 8.4 per cent in the July-September quarter to cross pre-pandemic levels. The GDP growth in the second quarter of the current fiscal (2021-22) was slower than the [...]
Stricter norms for int’l passengers to be effective from Tuesday midnight
New Delhi, Nov 30 (PTI) The strict norms for arriving international passengers, especially from 'at-risk' countries, will come into effect from Tuesday midnight and authorities are stepping their vigil for effective surveillance amid mounting concerns over the emergence of the COVID variant Omicron. While no cases of Omicron have been reported so far in India, [...]
GDP grows at 8.4 pc in Q2; India maintains status as fastest growing economy
New Delhi, Nov 30 (PTI) The Indian economy remained on track to post the fastest growth among major economies this year as its GDP expanded by a better-than-expected 8.4 per cent in the July-September quarter to cross pre-pandemic levels. The GDP growth in the second quarter of the current fiscal (2021-22) was slower than the [...]
Rajya Sabha MP for booster shots of Covid vaccine to frontline workers
New Delhi, Nov 30 (PTI) Nominated Rajya Sabha MP Narendra Jadhav on Tuesday urged the government to administer booster shots of Covid vaccine to frontline worker and senior citizens amid concerns over new variant of coronavirus Omicron. Raising the issue during the Zero Hour in the House, he said the World Health Organization (WHO) has [...]
Walmart announces MoU with MP government to train and support MSMEs
New Delhi, Nov 30 (PTI) Walmart and its subsidiary Flipkart on Tuesday announced they will sign a Memorandum of Understanding (MoU) with the Madhya Pradesh government to create an ecosystem of capacity building for MSMEs in the state.Under the partnership with Department of Micro, Small and Medium Enterprises (MSME) of the MP government, Walmart and [...]
Ugro Capital raises Rs 150 crore
New Delhi, Nov 30 (PTI) Ugro Capital on Tuesday said it has raised Rs 150 crore by issuing bonds on a private placement basis.The company's Investment and Borrowing Committee has approved the allotment of 150 protected market linked non-convertible debentures aggregating to Rs 150 crore on a private placement basis, according to a regulatory filing.The [...]
Panasonic India expands ESL and Digital SignEdge business
New Delhi, Nov 30 (PTI) Diversified technology company Panasonic India on Tuesday announced the expansion of its electronic shelf labelling (ESL) and Digital SignEdge 2.0 solutions business. These tech-enabled display solutions have been designed to increase operational efficiencies for retailers and enterprises, the company said in a statement. The advanced, upgraded ESL solution will offer [...]
NCLT orders insolvency proceedings against MGF Developments
New Delhi, Nov 30 (PTI) The National Company Law Tribunal (NCLT) on Tuesday directed to initiate insolvency proceedings against MGF Developments and appointed an interim resolution professional after suspending the board of the realty firm. A two-member Delhi based bench of NCLT passed the order by allowing a plea filed by the residents association of [...]
NMDC slashes lump ore prices by Rs 750 per tonne, fines by Rs 200 per tonne
New Delhi, Nov 30 (PTI) State-owned mining company NMDC on Tuesday slashed prices of lump ore by Rs 750 a tonne and fines Rs 200 per tonne, with immediate effect. In a regulatory filing, the company said it has revised the rates of lump ore or higher grade ore to Rs 5,200 a tonne. While [...]
Edelweiss Financial Services plans to raise up to Rs 500 cr via NCDs
Mumbai, Nov 30 (PTI) Edelweiss Financial Services Limited (EFSL) on Tuesday said it is looking to raise up to Rs 500 crore through issuance of secured redeemable non-convertible debentures (NCDs).The base size of the issue is Rs 200 crore with an option to retain over-subscription up to Rs 300 crore, the company said in a [...]
Alerted staff about new virus strain to take precaution: India Post Delhi circle
New Delhi, Nov 30 (PTI) India Post Delhi circle has alerted its staff to take precaution, follow COVID-19 protocols strictly as a new strain of coronavirus has been reported in some countries, a senior official said on Tuesday. The Department of Posts (DoP) Delhi Circle Director Ram Vilas Chaudhary said that though there is no [...]
ICICI Venture divests partial stake in Go Fashion
New Delhi, Nov 30 (PTI) ICICI Venture, the alternative asset arm of ICICI Bank, on Tuesday said it has divested half of its 13.5 per cent stake in the recently concluded IPO of Go Fashion (India) Ltd, which owns women's wear brand Go Colors. ICICI Venture, through its fourth private equity fund India Advantage [...]
Nearly 10 cr unorganised sector workers registered on e-Shram portal
New Delhi, Nov 30 (PTI) Around 10 crore unorganised sector workers have been registered so far on e-Shram portal, an initiative to create national database of informal workforce, according to the labour ministry. The e-Shram portal was launched in August this year for creating national database for unorganised workers to provide them benefits of various [...]
Zomato launches platform to help restaurants raise funds
New Delhi, Nov 30 (PTI) Online food delivery platform Zomato has announced the launch of Zomato Wings, a platform to connect investors with restaurants, to help them raise funds. There are thousands of budding restaurants that may not have the expertise or focus to fundraise at the right time from the right investors. This is [...]
India lodges strong protest with Pak, SL over attacks on Indian fishing boats
New Delhi, Nov 30 (PTI) India has lodged strong protests with Pakistan and Sri Lanka over incidences of Indian fishing boats being attacked by their maritime agencies, Minister of Fisheries, Animal Husbandry and Dairying Parshottam Rupala said on Tuesday. "Incidences of Indian fishing boats being attacked by maritime agencies of Sri Lanka and Pakistan have [...]
NEWSALERT
Fiscal deficit target of 6.8 pc of GDP for current financial year likely to be met: CEA. PTI DP DP ABM ABM
Large infrastructure gaps exist in horticulture: Report
Mumbai, Nov 30 (PTI) Despite horticulture accounting for a third of the total agricultural gross value added, there exists large infrastructure gaps ranging from 8.6 per cent for cold storages to 99.6 per cent in the case of pack houses compared to the production of perishable produces like fruits and vegetables, according to a report. [...]
SAT quashes NSE’s directive to Axis Bank in Karvy case
New Delhi, Nov 30 (PTI) In a relief to Axis Bank, the Securities Appellate Tribunal (SAT) has quashed a direction issued by NSE that funds lying in the bank account of Karvy Stock Broking are the assets of the exchange's defaulter committee. The order came after Axis Bank challenged the communication issued [...]
NEWSALERT
India expected to grow at 6.5-7 pc during 2022-23 and over 7 pc thereafter: CEA. PTI DP DP ABM ABM
Dassault Systemes to set up 3DEXPERIENCE Innovation Centre ; signs MoU with TN Govt
Chennai, Nov 30 (PTI) Dassault Systemes has signed a memorandum of understanding with the Tamil Nadu government to set up The Tamil Nadu Centre of Advance Manufacturing (TANCAM) at TIDEL Park in the city, the company said on Tuesday. TANCAM, a first of its kind Centre of Excellence in India, would provide a dedicated IT [...]
RBI appoints Advisory Committee to assist administrator of Reliance Capital
Mumbai, Nov 30 (PTI) A day after superseding the board of Anil Ambani promoted Reliance Capital, the Reserve Bank on Tuesday appointed a three-member Advisory Committee to assist the newly appointed administrator of the crisis-ridden NBFC. The RBI had appointed Nageswara Rao Y, former executive director, Bank of Maharashtra, as the administrator. Now, the RBI [...]
Govt proposes to amend Multi-Cooperative Societies Act for effective regulatory mechanism
New Delhi, Nov 30 (PTI) The government plans to amend the Multi-State Co-operative Societies Act, 2002, in order to have an effective regulatory mechanism as well as to protect interest of depositors and shareholders of the societies. In a written reply to the Lok Sabha, Minister of Cooperation Amit Shah said, "It is proposed to [...]
S&P keeps India GDP growth forecast unchanged at 9.5% in FY22
New Delhi, Nov 30 (PTI) S&P Global Ratings on Tuesday kept India's economic growth forecast in the fiscal year to March 2022 unchanged at 9.5 per cent but raised its predictions for the subsequent year on broadening out of the recovery. The Indian economy had shrunk by 7.3 per cent in 2020-21 fiscal (April 2020 [...]
Shakti Pumps makes foray into manufacturing of motors, chargers for electric vehicles
Mumbai, Nov 30 (PTI) Shakti Pumps India on Tuesday said it is making a foray into the manufacturing of motors, chargers, controllers and drives for electric vehicles, through a wholly-owned subsidiary. The company's board recently approved the incorporation of a wholly-owned subsidiary to make a foray into the EV segment with the manufacturing of motors, [...]
FMCG consumption slips in July-Sep but industry logs price-led growth of 13 pc: Report
New Delhi, Nov 30 (PTI) India's FMCG industry saw a decline in volume in September quarter this year, though it registered a value-led growth of 12.6 per cent, according to a report by data analytics firm Nielsen.While the metro market saw an upswing, rural markets slowed down due to consumption decline, it added. Earlier, rural [...]
BYD India strengthens dealership network
Chennai, Nov 30 (PTI) BYD India, the subsidiary of the Warren Buffett-backed new energy vehicle maker BYD (Build Your Dreams), on Tuesday announced expansion of dealer network under its move to strengthen presence in the country. BYD India said it has commenced dealerships across eight key locations in the country which would further be extended [...]
Indian economy grows 8.4 pc in July-September, surpasses pre-COVID level
New Delhi, Nov 30 (PTI) India's GDP growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, but the economy has surpassed the pre-COVID level, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy [...]
Cargill acquires edible oil refinery in Andhra Pradesh
New Delhi, Nov 30 (PTI) US-based food major Cargill on Tuesday said it has acquired an edible oil refinery in Nellore, Andhra Pradesh, for USD 35 million and it is likely to be fully operational by May 2022. "Cargill's USD 35-million investment to acquire and upgrade the facility will significantly expand its edible oil production [...]
Par Panel suggests comm min to resolve issues hindering signing of FTAs with leading trade partners
New Delhi Nov 30 (PTI) The commerce ministry should resolve issues that are hindering signing of free trade agreements (FTAs) with India's leading trade partners including the US and European Union and enter into such pacts that are beneficial for the country, according to a report of a parliamentary panel. The Department Related Parliamentary Standing [...]
Govt debt at 62 pc of GDP; capable of repaying liabilities: MoS Finance Chaudhary
New Delhi, Nov 30 (PTI) Central government debt is estimated at about 62 per cent of GDP for this fiscal and it is capable of repaying its liabilities, Minister of State for Finance Pankaj Chaudhary informed Parliament on Tuesday. "Increasing the buoyancy of tax revenue through improved compliance, mobilisation of resources through monetisation of assets, [...]
Rupee falls for 4th day, settles 6 paise lower at 75.13/dollar
Mumbai, Nov 30 (PTI) The rupee continued its losing run for the fourth day on Tuesday, dropping by 6 paise to 75.13 against the US dollar as investor concerns grew over fresh impact of new COVID variant on the economy. At the interbank foreign exchange market, the local currency opened on a strong note at [...]
New Bill on cryptocurrency to be introduced after Cabinet approval: Sitharaman in Rajya Sabha
New Delhi, Nov 30 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the government is working out a new Bill on cryptocurrency which will be placed in the ongoing session of Parliament after approval of the Union Cabinet. The ongoing winter session is scheduled to end on December 23. Replying to a series of questions [...]
JSW Group unveils ‘JSW One Platforms’ to serve MSME industry in TN
Chennai, Nov 30 (PTI) USD 13 billion JSW Group has unveiled 'JSW One Platforms' in Tamil Nadu, an e-commerce market place for small and medium sized manufacturers and contractors, the company said on Tuesday. The platform offers MSME customers a technology-based market place for buying raw materials and consumables in an easy and convenient manner. [...]
DIRECT EXCHANGE RATES SBI
Mumbai, Nov 30 (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 74.15 75.65 74.09 75.81 EUR/INR 83.09 85.91 83.02 86.08 GBP/INR 98.32 101.46 98.24 101.66 JPY/INR 64.79 66.99 64.74 67.12 [...]
Number of farmers’ suicide fall to 5,579 in 2020: Tomar
New Delhi, Nov 30 (PTI) The number of farmers who committed suicide dropped to 5,579 in 2020 as compared to 5,957 in the previous year, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday, citing the latest NCRB report. The National Crime Records Bureau (NCRB), which functions under Ministry of Home Affairs, has not given [...]
India to have 500 mn 5G subscriptions, avg traffic per smartphone to touch 50 GB/month by 2027-end: Ericsson
New Delhi, Nov 30 (PTI) 5G is on track to become the dominant mobile access technology in terms of subscriptions globally by 2027 with 5G representing around 39 per cent of mobile subscriptions or 500 million users at the end of 2027 in India, telecom gear maker Ericsson said on Tuesday. 5G is expected to [...]
PRICES MUM BULLION CLOSING
Mumbai, Nov 30 (PTI) SILVER SPOT (IN RS PER kg): 62055.00 STANDARD GOLD (99.5) : 47908.00 PURE GOLD (99.9) : 48101.00 --------------------- PTI MUM SVC SHW SHW
NEWSALERT
TRAI releases consultation paper to discuss pricing, other modalities for auction of 5G spectrum: Statement. PTI MBI MBI ABM ABM
Retail inflation for industrial workers rises marginally to 4.5 pc in Oct
New Delhi, Nov 30 (PTI) Retail inflation for industrial workers rose marginally to 4.5 per cent in October as compared with 4.41 per cent in September. "Year-on-year inflation for the month stood at 4.50 per cent compared to 4.41 per cent for the previous month and 5.91 per cent during the corresponding month (October 2020) [...]
Maruti Suzuki hikes prices of Eeco van by Rs 8,000
New Delhi, Nov 30 (PTI) Maruti Suzuki India on Tuesday said it has increased prices of all non-cargo variants of its Eeco van by Rs 8,000 owing to the introduction of passenger airbag. The increase in price is effective from November 30, 2021, the company said in a regulatory filing. Prices of the passenger version [...]
Go Fashion shares jump over 81 pc in debut trade
New Delhi, Nov 30 (PTI) Shares of Go Fashion, which owns women's clothing brand Go Colors, on Tuesday listed with a huge premium and settled with over 81 per cent gains against its issue price of Rs 690. It listed at Rs 1,316, reflecting a steep jump of 90.72 per cent on the BSE. The [...]
Sensex succumbs to fag-end sell-off as Omicron worries haunt global markets; Nifty ends below 17k
Mumbai, Nov 30 (PTI) Equity indices surrendered early gains to close in the red on Tuesday, mirroring the nervousness in world markets about the impact of the Omicron variant of the coronavirus on global economic recovery. A depreciating rupee and unabated foreign fund outflows further weighed on sentiment, traders said. After rallying over 900 points [...]
Companies bullish on their hiring plans this quarter: Report
New Delhi, Nov 30 (PTI) Companies are bullish on their hiring plans this quarter on the back of easing of the pandemic-related restrictions and consequent e-commerce and retail sector performance, according to a report. According to TeamLease Services' Q3 hiring intent trends based on its platform data, the hiring intent for the October-December 2021 quarter [...]
No proposal to merge public sector general insurance companies: MoS Karad
New Delhi, Nov 30 (PTI) The government on Tuesday said there is no proposal as of now to merge public sector general insurance companies. There are four general insurance companies -- New India Assurance Company, National Insurance Company Limited (NICL), United India Insurance Company Limited (UIICL) and Oriental Insurance Company Limited (OICL). In a written [...]
Diversey’s New IntelliCIP Platform Uncovers Deep Data Insights to Optimise CIP Performance
UTRECHT, Netherlands, Nov. 30, 2021 /PRNewswire/ -- Diversey - the leading global hygiene and cleaning company – is launching its IntelliCIP (Clean-in-Place) cloud-based data analytics platform globally. IntelliCIP securely collates and processes Food and Beverage (F&B) production CIP data for rapid insight into hygiene compliance and operational performance. Converting Data into Actionable Information By analysing [...]
Agriwise ties up with Central Bank of India for co-lending to agri borrowers
New Delhi, Nov 30 (PTI) Agriculture-focussed NBFC Agriwise on Tuesday said it will disburse loans to the farming sector in a co-lending arrangement with state-owned Central Bank of India. The company, with a customer base of over 3,000 in the agriculture and allied sector, disbursed loans worth over Rs 1,250 crore in 2020-21. Agriwise has [...]
Tiger Global Invests USD 40 Mn in BOX8 and MOJO Pizza’s Parent Company, Now Rebrands to EatClub Brands
Mumbai, Maharashtra, India – Business Wire India EatClub Brands, which operates popular brands like BOX8 & MOJO Pizza has raised $40 million in a round led by Tiger Global. EatClub Brands is a technology first, full-stack cloud kitchen company, and it has one of Asia’s largest cloud kitchen networks. Currently, a total of 8 brands [...]
The one-shot Sputnik Light vaccine authorized in UAE as a universal booster shot
MOSCOW, Nov. 30, 2021 /PRNewswire/ -- The Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) today announced the Russian single-component Sputnik Light vaccine against coronavirus has been approved by the Ministry of Health and Prevention (MOHAP) of UAE as a universal booster shot for all the vaccines against coronavirus that are used in the [...]
Shriram Group announces succession plan; forms board of mgmt
Mumbai, Nov 30 (PTI) Diversified financial service company Shriram Group on Tuesday announced its succession plan and creation of a board of management. Addressing the media, its Founder R Thyagaraan Tuesday said the promotership of the group has already been transferred to Shriram Ownership Trust (SOT). The board of management would comprise Shriram Capital Managing [...]
Bajrang Foundation Organizing Bajrang Mega Blood Donation Camp for Thalassemia Children on 19th December
Guntur, Andhra Pradesh, India (NewsVoir) Bajrang Urban was conceptualized in response to the need to create responsible, long-term living spaces with the finest standards of building. With its best venture - Green Grace, Bajrang Urban has taken off proudly, a first-of-its-kind, eco-friendly, luxury gated community residence coming up at the heart of the city, Pattabhipuram [...]
Solar projects of 107 GW either installed or under implementation, says minister
New Delhi, Nov 30 (PTI) Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022. "... a total of 107.46 GW solar energy capacity has either been installed [...]
Generation Z workers hardest hit by economic impact of pandemic: Report
New Delhi, Nov 30 (PTI) Young workers have been hardest hit professionally by the economic impact of the COVID-19 pandemic and have displayed significant resilience and agility to future-proof their careers, says a study. According to a new study by the ADPRI Research Institute, more than 78 per cent of the 18 to 24-year-old cohort [...]
Govt says eight plastic parks at various stages of development
New Delhi, Nov 30 (PTI) The Centre has so far approved eight plastic parks that are at various stages of development, and two are in the process of getting the final nod, Union Fertiliser and Chemicals Minister Mansukh Mandaviya on Tuesday said in the Rajya Sabha. In his written reply to the Upper House, Mandaviya [...]
Infosys to transition Daimler’s HPC workloads to green data centre in Norway
New Delhi, Nov 30 (PTI) IT major Infosys on Tuesday said it will transfer Daimler's High Performance Computing (HPC) workloads used to design vehicles and automated driving technologies to one of Europe's greenest data centres, Lefdal Mine Datacenter in Norway.The shift to Green Data Center as a Service is an important milestone in supporting Daimler [...]
Edelweiss Financial Services’ board approves fundraising up to Rs 1,000 cr via NCDs
New Delhi, Nov 30 (PTI) Edelweiss Financial Services' board has approved a public issue for raising up to Rs 1,000 crore through non-convertible debentures, half of which will be mopped up in the first tranche. A meeting of the debenture fundraising committee of the company's board of directors held on Monday (November 29) considered and [...]
IREDA signs pact with BVFCL to provide techno-financial consultancy for RE projects
New Delhi, Nov 30 (PTI) State-owned Indian Renewable Energy Development Agency (IREDA) on Tuesday signed a pact with Brahmaputra Valley Fertilizer Corporation Ltd (BVFCL) to provide its techno-financial expertise in developing renewable energy projects and fundraising. Under the memorandum of understanding (MoU), IREDA will undertake techno-financial due diligence of renewable energy, green hydrogen, green ammonia, [...]
Rs 26,697 cr lying in dormant accounts of banks: FM
New Delhi, Nov 30 (PTI) As much as Rs 26,697 crore was lying in dormant accounts of banks, including cooperative banks, as on December 31, 2020, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday. This money is lying in nearly 9 crore accounts which have not been operated for 10 years. As per [...]
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.
