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Adani group stocks that reported net profit growth of up 162% YoY in Q1
The Adani Group's success in India can be credited to its diversification, strong leadership, strategic partnerships, investment in infrastructure, and focus on sustainability, all of which have contributed to its growth and prominence in the business landscape. It is also one of India's largest conglomerates and has the potential to significantly contribute to India's development [...]
Green energy stocks to benefit after Indian power demand to reach 260 GW this year
As India continues to develop, its energy requirements are on the rise. In 2023, power generation in India surged by 11.3%, marking the quickest pace in at least five years. According to the National Electricity Plan (NEP) 2022-32, energy demand in India is projected to grow at an annual rate of 6.2%. Peak demand is [...]
Stocks in Focus: ONGC, Marico, and 4 other companies announcing results next week
The S&P Bombay Stock Exchange Sensitive Index (Sensex) dropped up to 900 points in the week's last trading session, while the wider NSE Nifty 50 plummeted over 300 points. The BSE Sensex finished at 80,981.95, down 1.08 percent or 885.60 points, while the Nifty 50 down 293.20 points, or 1.17 percent, to 24,717.70. Here is [...]
Hidden Stocks: 2 Tata Group stocks in the auto ancillary sector
TATA Group is one of India's largest conglomerates, comprising 30 companies across ten verticals. The group operates in over 100 countries across six continents. Tata Sons is the principal investment holding company and promoter of Tata Companies. The group imprints are found in a wide range of sectors. As of March 31, 2024, there are [...]
Bank stocks with high net interest margins of up to 5% to keep in your radar
The Net Interest Margin is one of the metrics that signifies the profitability, efficiency, and performance of a bank by measuring and comparing the interest income generated from credit products such as loans, and mortgages, and the interest expenses associated with holding deposits and other liabilities. Listed below are some of the banks that have [...]
Financially strong stocks under ₹ 30 to keep in your watchlist
Penny stocks are relatively inexpensive, They possess low market capitalizations and lack liquidity in their stocks. Such stocks are more subject to market volatility. Many investors avoid these stocks because of their weak fundamentals and unreliable businesses. In contrast, a financially strong stock is defined by a robust balance sheet with ample cash reserves, manageable [...]
5 Transformer stocks with low debt to keep an eye on
Transformers stocks in India are primarily represented by companies engaged in the manufacturing of power transformers, which are crucial for electricity transmission and distribution. The global transformer market is expected to grow to USD 38.91 billion by 2030, driven by rising electricity demand and the growth of renewable energy like solar and wind power. The [...]
Stocks to Track: 5 Companies trading stock split and bonus next week
A stock split means a company divides its existing shares into more shares. The total value of the company stays the same, but investors get more shares for each share they own. A bonus issue, also known as a scrip issue or a capitalization issue, is an offer of free additional shares to existing shareholders. [...]
Auto ancillary stocks with low PE ratio to keep on your radar
The auto ancillary sector in India plays a crucial role in supporting the rapidly growing automotive industry, contributing significantly to the country's GDP and employment. The sector comprises numerous companies that supply essential components and parts to original equipment manufacturers (OEMs), this sector is characterized by its diverse offerings, including engines, gearboxes, and electrical systems. [...]
Stocks to Watch: Grasim Industries, Andhra Paper and 8 other stocks trading ex-dividend next week
The dividend is the amount of money a company pays to its shareholders as dividends on a per-share basis, whereas, the dividend yield reflects how much a company pays in dividends each year depending on its stock price. Here are the ten stocks that will be trading ex-dividend next week: Andhra Paper Limited With a [...]
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Top Editor’s Pick
Why Mutual Funds Remain a Popular Choice in 2025
You’re not alone if you’ve been thinking more seriously about where your money goes. With daily expenses rising and long-term goals in sight, it’s only natural to look for ways to grow your savings without constant monitoring. That’s where mutual funds come into the picture. They’ve quietly remained a favourite for many over the years. [...]
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
Latest Market News

Sebi bans ARSS Infrastructure, 6 persons from mkts; levies fine
New Delhi, Nov 29 (PTI) Sebi has barred ARSS Infrastructure Projects Ltd and six persons from the capital markets for up to one year and levied a fine totalling Rs 47.5 lakh on them for misrepresenting the company's financials. These six persons (the company's directors, chief executive officer and chief investment officer) have been restrained [...]
Markets eke out gains amid Omicron jitters; RIL spurts post Jio tariff hike
Mumbai, Nov 29 (PTI) Benchmark indices made a positive start to the week on Monday following gains in RIL, bank and IT stocks, even as investors remained jittery over the Omicron variant of the coronavirus. Governments across the world raced to impose fresh travel restrictions as cases of the new variant emerged in multiple countries. [...]
Steel demand drops by 5 pc in FY21: Union minister
New Delhi, Nov 29 (PTI) Demand for steel from sectors like infrastructure, automobile and engineering fell by more than 5 per cent to 94.9 million tonnes during the financial year ended on March 31, 2021, Parliament was informed on Monday. Building and construction sector along with infrastructure, automobile, engineering and packaging and defence had consumed [...]
Ather Energy plans to set up its 2nd manufacturing facility at Hosur, Tamil Nadu
Mumbai, Nov 29 (PTI) Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said its plans to set up its second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4-lakh vehicles per year from 1.20 lakh units at present. The new facility will come up at Hosur, in Tamil Nadu to cater [...]
Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody’s
New Delhi, Nov 29 (PTI) Telcos in Asia's emerging markets will face higher spectrum liabilities, but these essential costs are not subject to refinancing and have limited immediate impact on cash flows and liquidity, Moody’s Investors Service said on Monday. The ratings of Asia-Pacific (APAC) telecom companies in emerging markets can tolerate the increased deferred [...]
Book on Indian biking giant Royal Enfield wins Gaja Capital Business Book Prize, 2021
New Delhi, Nov 29 (PTI) 'Indian Icon: A Cult Called Royal Enfield', a riveting story of the creation of a powerful Indian brand going global by author Amrit Raj, won the 2021 Gaja Capital Business Book Prize on Monday.The winner was selected from a shortlist of five books -- including "Overdraft: Saving the Indian Saver" [...]
Strive to place India among top 2 digital economy globally: Mos IT
New Delhi, Nov 29 (PTI) The primary objective of the government is to make the country a trillion dollar digital economy and at least one of the top two digital economies in the world, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Monday. He said that there will be focus to intensify [...]
Bharat Financial Inclusion top officials resign to join rival Spandana Sphoorty
New Delhi, Nov 29 (PTI) Top executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, the bank said on Monday. The bank said it has appointed an Executive Director and another person to oversee day-to-day operations of the company. Shalabh Saxena, the Managing Director & [...]
NEWSALERT
RBI supersedes board of Reliance Capital; appoints administrator: Statement. PTI NKD DP NKD ABM ABM
15 lakh power sector workers to protest against tabling of Electricity Amendment Bill: AIPEF
New Delhi, Nov 29 (PTI) All India Power Engineers Federation (AIPEF) on Monday said that 15 lakh power sector engineers and employees will resort to day-long nationwide protest when Electricity (Amendment) Bill 2021 will be placed in Parliament during the ongoing session. "1.5 million (15 lakh) power employees and workers will resort to day long [...]
Over 5 lakh cos went out of biz, 7 lakh new cos registered in nearly 6 years: Official data
New Delhi, Nov 29 (PTI) More than 5 lakh companies went out of business while over 7 lakh new companies were set up in the last nearly six years, according to official data.The data for the period starting from April 1, 2016, till date showed that a total of 5,00,506 companies were shut down. During [...]
Omicron adds new uncertainties to global economic outlook: Moody’s Analytics
New Delhi, Nov 29 (PTI) The Omicron variant of Covid-19 adds new uncertainties to the global economic outlook but much will depend on its speed of transmission, hospitalisation and death rates, and also the effectiveness of vaccines, Moody's Analytics said on Monday. In its commentary titled 'Much to Learn About Omicron—Fast', Moody's Analytics said although [...]
NEWSALERT
BSE Sensex advances by 153.43 pts to end at 57,260.58; Nifty edges up 27.50 pts to 17,053.95. PTI MR MR ABM ABM
RPS Group to invest Rs 600 cr to build World Trade Centre in Faridabad
New Delhi, Nov 29 (PTI) Realty firm RPS Group on Monday said it will invest around Rs 600 crore to develop a commercial project World Trade Centre, comprising one million square feet area in Faridabad, Haryana.The company has tied up with infrastructure firm Viridian RED group for this purpose, Faridabad-based RPS group said in a [...]
DIRECT-RATES-OF-EXCHANGE
Mumbai, Nov 29 (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 [...]
PRICES MUM BULLION OPEN
Mumbai, Nov 29 (PTI) SILVER SPOT (IN RS PER kg): 63095.00 STANDARD GOLD (99.5) : 47925.00 PURE GOLD (99.9) : 48118.00 -------------------- PTI MUM SVC SHW SHW
Guar seed futures decline on low demand
New Delhi, Nov 29 (PTI) Guar seed prices on Monday slipped by Rs 89 to Rs 5,833 per 10 quintal in futures trade.On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading down by Rs 89, or 1.50 per cent, at Rs 5,833 per 10 quintal with an open interest [...]
Guar gum futures fall on low demand
New Delhi, Nov 29 (PTI) Guar gum prices on Monday fell Rs 284 to Rs 10,270 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 284, or 2.69 per cent, [...]
Refined soya oil futures fall on low demand
New Delhi, Nov 29 (PTI) Refined soya oil prices on Monday fell by Rs 6.7 to Rs 1,217 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 6.7, or 0.55 per [...]
Cottonseed oil futures fall on soft demand
New Delhi, Nov 29 (PTI) Cottonseed oil cake prices on Monday declined by Rs 59 to Rs 2,673 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. [...]
Ather Energy plans to set up its 2nd manufacturing facility at Hosur, Tamil Nadu
Mumbai, Nov 29 (PTI) Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said its plans to set up its second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4-lakh vehicles per year from 1.20 lakh units at present. The new facility will come up at Hosur, in Tamil Nadu to cater [...]
Enrolments on e-Shram portal set to hit 10-cr mark this week
New Delhi, Nov 29 (PTI) The number of registered unorganised workers on e-Shram portal is all set to hit the 10-crore mark this week with total enrolments nearing 9.7 crore, as per latest data. The Ministry of Labour & Employment has developed e-Shram portal -- a national database of the unorganised workers seeded with Aadhaar. [...]
Bharat Financial Inclusion top officials resign to join rival Spandana Sphoorthy
New Delhi, Nov 29 (PTI) Top executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, the bank said on Monday. The bank said it has appointed an Executive Director and another person to oversee day-to-day operations of the company. Shalabh Saxena, the Managing Director & [...]
Bharat Biotech commences exports of COVID-19 vaccine Covaxin
New Delhi, Nov 29 (PTI) Vaccine maker Bharat Biotech on Monday said it has commenced exports of COVID-19 vaccine Covaxin, and long-pending export orders have been executed during November."Long pending export orders have been executed during November, to be further expanded during the following months. With the number of countries that have granted emergency use [...]
Crude oil futures surge on spot demand
New Delhi, Nov 29 (PTI) Crude oil prices on Monday rose by Rs 191 to Rs 5,377 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for December delivery traded higher by Rs 191, or 3.68 per cent, to Rs 5,377 per barrel in 5,990 [...]
Ather Energy plans to set up its 2nd manufacturing facility at Hosur, Tamil Nadu
Mumbai, Nov 29 (PTI) Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Monday said its plans to set up its second manufacturing facility, which once commissioned in 2022, will expand its capacity to 4-lakh vehicles per year from 1.20 lakh units at present. The new facility will come up at Hosur, in Tamil Nadu to cater [...]
Life Insurance Corporation of India to up stake in Kotak to nearly 10%
Insurance behemoth Life Insurance Corporation of India will raise its stake in private sector lender Kotak Mahindra Bank to nearly 10 per cent, after receiving a grant of approval from the Reserve Bank of India (RBI). This is also subject to SEBI regulations, Foreign Exchange Management Act among others. Life Insurance Corporation of India (LIC) [...]
Baise Yihao: Starting from Baise, Based on Guangxi, Covering the Whole Country and Linking ASEAN
BAISE, China, Nov. 29, 2021 /Xinhua-AsiaNet/-- Recently, the launching ceremony of "Baise Yihao" special train of Baise-Shenzhen cold chain logistics special line was held in China-ASEAN Agricultural Products Trading Center, which marked that Baise agricultural products officially entered Shenzhen market through cold chain logistics special train and became another effective means for Baise to deeply [...]
Brooks Labs’ arm gets marketing approval in Germany for Meropenem
New Delhi, Nov 29 (PTI) Drug firm Brooks Laboratories on Monday said its arm Brooks Steriscience has received marketing authorisation for antibacterial drug Meropenem in Germany. "Vadodara facility of Brooks Steriscience Ltd, subsidiary of the company received marketing authorisation in Germany for Meropenem. This is the first marketing authorisation received by the Brooks Steriscience Ltd [...]
INHERITCOIN Launches on Buyucoin.com Exchange
Chandigarh, India (NewsVoir) INHERITCOIN, one of the most renowned cryptocurrencies in the world is now available for trading at Buyucoin.com, India's most reliable crypto exchange. The cryptocurrency is decentralized and is currently available at a value of $1.00. It has a fixed supply of 100 million tokens, for a total market cap of $100,000,000. INHERITCOIN [...]
Shriram Automall India partners DICV for used vehicle sales
New Delhi, Nov 29 (PTI) Pre-owned vehicles and equipment marketplace Shriram Automall India Ltd (SAMIL) on Monday said it has entered into a strategic partnership with Daimler India Commercial Vehicles (DICV) to expand its used vehicle exchange business in commercial vehicle (CV) space. Under the partnership, SAMIL will provide its online-offline auction platforms to facilitate [...]
Bajaj Finserv Kicks off the Second Phase of ‘Savdhaan Rahein. Safe Rahein’. A Public Awareness Campaign Focusing on Life Insurance Frauds
Pune, Maharashtra, India (NewsVoir) Bajaj Finserv, one of the largest financial conglomerates in India, has kicked off the second phase of ‘Savdhaan Rahein. Safe Rahein’. a public awareness campaign focusing on Life Insurance Frauds to educate its consumers and public at large on how to stay safe from such frauds. The campaign will run across [...]
6,018 people avail skill loans under central scheme
New Delhi, Nov 29 (PTI) The government on Monday said as many as 6,018 people have been benefited under the Skill Loan Scheme as of October 31 this year. The government launched the scheme on July 15, 2015, to provide loan facility to aspirants wanting to do skill development courses aligned to National Skill Qualification [...]
HC directs Centre to inform it about introduction of bill on cryptocurrency
Mumbai, Nov 29 (PTI) The Bombay High Court on Monday directed the Union government to apprise it on January 17, 2022 about the introduction of the bill on cryptocurrency and what further action has been taken on the issue. A division bench of Chief Justice Dipankar Datta and Justice M S Karnik said it cannot [...]
Eicher Trucks and Buses, Phoenix Foundation sets up driver training centre
New Delhi, Nov 29 (PTI) Eicher Trucks and Buses, a part of Volvo Eicher Commercial Vehicles Ltd, on Monday said it has partnered with Phoenix Foundation for establishing Phoenix-Eicher Institute of Driver Training and Research at Latur in Maharashtra to upskill drivers in the state. The institute has been set up under public-private partnership with [...]
MoUs worth over Rs 14,000 cr signed before Vibrant Gujarat Summit
Gandhinagar, Nov 29 (PTI) As many as 12 MoUs entailing proposed investment of Rs 14,000 crore in Gujarat were signed as part of the upcoming Vibrant Gujarat Global Summit 2022 at an event here on Monday. It was the second MoU signing event ahead of the VGGS to be held on January 10-12 next year, [...]
IndiGo renews its partnership with French hospitality group Accor
Mumbai, Nov 29 (PTI) Budget carrier IndiGo on Monday said it has renewed its partnership with French hospitality group Accor. Through this partnership, IndiGo's 6E Rewards members can now avail a 15 per cent discount, when they book directly with Accor and earn up to 6 per cent 6E Rewards as feature partner on any [...]
Bharat Financial Inclusion top officials resign
New Delhi, Nov 29 (PTI) Top executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, the bank said on Monday. The bank said it has appointed an Executive Director and another person to oversee day-to-day operations of the company. Shalabh Saxena, the Managing Director & [...]
Parksons Packaging acquires Manohar Packaging, India’s Leading Paper Board Packaging Manufacturer in the Premium Folding Carton Segment
Mumbai, November 29, 2021: Warburg Pincus backed Parksons Packaging Limited, India’s largest independent folding carton manufacturer, today announced the acquisition of Manohar Packaging, a leading producer of folding cartons with a strong foothold in the premium segments of Alcoholic Beverages and Confectionery. Manohar Packaging, founded in 1994, is one of India’s top producers of carton [...]
No proposal to recognise Bitcoin as a currency: FM
New Delhi, Nov 29 (PTI) The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in a reply to the Lok Sabha on Monday. She also informed the House that the government does not collect data on Bitcoin transactions. Whether the government has any proposal to [...]
India Ratings Upgrades Capacit’e Infraprojects to ‘IND BBB’/Stable
MUMBAI, India, Nov. 29, 2021 /PRNewswire/ -- Capacit'e Infraprojects Limited (CIL), a fast-growing construction company providing end-to-end services for residential, commercial and Institutional building with presence in Mumbai Metropolitan Region (MMR), Pune, Chennai, National Capital Region (NCR), Varanasi, Kochi, Hyderabad and Bengaluru, announced that India Ratings and Research (Ind-Ra) has upgraded their Long-Term Issuer Rating [...]
Iylon Precision Oncology webinar creates awareness on lung cancer
• November is Lung Cancer Awareness Month • Bollywood star Sanjay Dutt shares his experiences of lung cancer treatment • Various experts share knowledge on important aspects of lung cancer from detection, treatment and beyond MUMBAI, India, Nov. 29, 2021 /PRNewswire/ -- Iylon Precision Oncology organized an online meeting on precision lung cancer awareness on [...]
Bharti AXA Life posts 33% growth in weighted new biz premium in H1FY22
Mumbai, Nov 29 (PTI) Private life insurer Bharti AXA Life Insurance on Monday reported a 33 per cent growth in its weighted new business premium to Rs 285 crore in the first half of FY2022 compared to Rs 214 crore in the year-ago period. The company recorded growth of 53 per cent in weighted new [...]
Bengaluru leasing market on strong revival, absorption set to touch 10 million sq ft: JLL
Bengaluru, Nov 29 (PTI) The leasing market in Bengaluru is set to witness a strong revival with absorption by end of 2021 set to touch approximately 10 million sq. ft., according to property consultant JLL. This is close to 2017-2018 absorption levels for the city, it said in a statement on Monday. In the last [...]
Asian Paints to invest Rs 960 cr to expand Gujarat unit
New Delhi, Nov 29 (PTI) Asian Paints Ltd on Monday said it will invest Rs 960 crore to expand the manufacturing capacity of its facility situated at Ankleshwar in Gujarat. The company has signed a memorandum of understanding with the Government of Gujarat commencing the proposed expansion of manufacturing capacity of paint from 1.3 lakh [...]
Sensex, Nifty pare losses in choppy trade; Reliance, TCS advance
Mumbai, Nov 29 (PTI) Key stock indices Sensex and Nifty pared early losses in late morning deals on Monday following gains in Reliance Industries, HCL Tech and TCS. In a highly volatile market, the 30-share index BSE Sensex was trading higher by 375.23 points or 0.66 per cent at 57,482.38 points at 1140hrs. The index [...]
Jute Commissioner rejects IJMA’s proposal to revise fair price of raw jute
Kolkata, Nov 29 (PTI) The Jute Commissioner has rejected the suggestion of the Indian Jute Mills Association (IJMA) for revising the fair price of raw jute to Rs 7,200 per quintal and instead sought a price capping recommendation for finished jute sacking bags. The jute mills lobby body had submitted their suggestion to the Jute [...]
HerSheInbox set to Revolutionize the Indian Fashion Landscape
CHANDIGARH, India, Nov. 29, 2021 /PRNewswire/ -- HerSheInbox has taken the Indian fashion world by storm with its bold yet tastefully designed fashion catering to the Gen Z and the Alpha Generation. The brand is a reflection of the philosophy, 'the way you dress is the way you feel'. It boasts of a collection that [...]
Nupur Recyclers to set up 200 EV charging points, battery swapping stations
Mumbai, Nov 29 (PTI) Marking its foray into the domestic Electric Vehicle (EV) space, Nupur Recyclers on Monday said it plans to set up 200 charging points and several battery swapping stations in association with EVI Technologies. The installation of these ubiquitous charging points has already commenced from Dwarka in South West Delhi and will [...]
UN human rights expert welcomes Indian govt’s decision to repeal farm laws
United Nations/Geneva, Nov 29 (PTI) A top UN human rights expert has welcomed the Indian government's decision to repeal the three controversial farm laws, expressing hope that any subsequent action on reforming the agriculture sector will be “informed" by the country’s human rights commitments and taken through meaningful consultations with farmers, communities and unions. Addressing [...]
Beyond MBBS: Here Are Some Ideas from Texila American University for Medical Graduates
BENGALURU, India, Nov. 29, 2021 /PRNewswire/ -- Texila American University – an institution that has trained 1500+ doctor – offers post-graduate degree in medicine with added advantages, especially when it is well-known that medical education is strictly not over on completion of MBBS. The profusion of super-speciality hospitals, availability of hi-tech treatment and ready-to-pay patients [...]
FinTech startup Slice raises $220 million, becomes India’s newest unicorn
FinTech startup slice has raised USD 220 million in a Series B round that values the company at over USD one billion, making it India’s newest unicorn. The round was led by investors Tiger Global and New York-based global private equity and venture capital Insight Partners. New and existing investors including Advent International’s Sunley House [...]
MP cops summon two officials of Amazon months after teenage boy allegedly ordered poisonous substance online and killed self
Indore, Nov 28 (PTI) The Madhya Pradesh Police has summoned two officials of Amazon in connection with the suicide committed by a youngster who had allegedly killed himself by consuming a poisonous substance ordered online through this e-commerce platform in July, an officer said on Sunday, adding that the two officials have been asked to [...]
Vistara says looking forward to govt guidance on scheduled international flights
Mumbai, Nov 28 (PTI) Full service carrier Vistara on Sunday said it was looking forward to the guidance from the government on normalisation of international flight services amid the emergence of a new COVID variant. Two days after announcing that scheduled international flight services to and from India will resume from December 15 subject to [...]
Jio announces up to 21% hike in mobile services tariffs from Dec 1
New Delhi, Nov 28 (PTI) After Bharti Airtel and Vodafone Idea, India's largest mobile operator Reliance Jio on Sunday announced up to 21 per cent hike in its prepaid tariffs from the next month. Despite the increase in rates, Jio has kept the price of plans lower than Airtel and Vodafone Idea's which is expected [...]
Vivek Johri appointed CBIC chairman
New Delhi, Nov 28 (PTI) Senior bureaucrat Vivek Johri has been appointed as the chairman of the Central Board of Indirect Taxes and Customs (CBIC), an order issued on Sunday by the personnel ministry said.Johri, a 1985-batch Indian Revenue Service (Customs and Indirect Taxes) officer, is currently working as the member in the board.The Appointments [...]
Jio announces up to 21% hike in tariffs from Dec 1
New Delhi, Nov 28 (PTI) After Bharti Airtel and Vodafone Idea, India's largest mobile operator Reliance Jio on Sunday announced up to 21 per cent hike in its prepaid tariffs from next month. The tariff hikes entail JioPhone Plan, Unlimited Plans, and data add on, and range between 19.6 per cent and 21.3 per cent. [...]
Haryana slashes VAT on jet fuel; Scindia says move will set example for other states to follow
New Delhi, Nov 28 (PTI) Haryana has slashed the value added tax on aviation turbine fuel to 1 per cent, making it the fifth state to reduce the levy on the fuel. In a series of tweets, Civil Aviation Minister Jyotiraditya Scindia on Sunday expressed his gratitude to Haryana Chief Minister Manohar Lal Khattar for [...]
Depositors of 16 stressed cooperative banks to get up to Rs 5 lakh on Mon
New Delhi, Nov 28 (PTI) Customers of 16 stressed cooperative banks will get up to Rs 5 lakh deposit insurance cover on Monday by Reserve Bank of India's subsidiary DICGC as part of its mandate under a new law. The Deposit Insurance and Credit Guarantee Corporation (DICGC) had earlier prepared a list of 21 banks [...]
Raju Iyer becomes President of Institute of Cost Accountants of India
New Delhi, Nov 28 (PTI) The Institute of Cost Accountants of India on Sunday said P Raju Iyer has been elected as the President and Vijender Sharma as the Vice-President of the institute. The election to the posts was held on Sunday. According to a release, Iyer and Sharma have been elected as the President [...]
Govt to review decision on restarting international flights, SOP for incoming passengers
New Delhi, Nov 28 (PTI) The government on Sunday decided to review the decision on resuming scheduled commercial international passenger services as well SOP on testing and surveillance of incoming passengers, especially from countries identified as 'at risk', in the wake of the emergence of the new COVID-19 variant of concern 'Omicron'. The decisions were [...]
Geospatial data marketplace UP42 looks to tie up with govt for Gati Shakti
Mumbai, Nov 28 (PTI) The Berlin-headquartered geospatial data and analytics marketplace UP42, which earlier this month made available very-high resolution optical imagery of the earth captured by its satellites, is looking to join hands with the government to help achieve the Indian Space Association and Gati Shakti objectives more cost-effectively. Earth observation is about measuring [...]
LIC Mutual Fund looks to take AUM to Rs 25,000 cr by Mar
Mumbai, Nov 28 (PTI) LIC Mutual Fund, which is heavily dependent on debt schemes with over 90 per cent of its schemes in that segment, hopes to double its recently launched equity fund to Rs 2,000 crore by the end of December and close the fiscal year with a cumulative AUM of Rs 25,000 crore, [...]
ED summons Amazon, Future Group executives in FEMA probe
New Delhi, Nov 28 (PTI) The Enforcement Directorate (ED) has summoned senior executives of Amazon India, including its country head Amit Agarwal, and that of the Future group for questioning in a foreign exchange violation probe linked to the disputed deal between the two conglomerates, official sources said on Sunday.The executives have been summoned along [...]
uKnowva launches disability feature to help specially-abled improve operational efficiencies
New Delhi, Nov 28 (PTI) HR Automation Software uKnowva has created a new technology platform to help specially-abled people to improve their operational efficiencies within the workplace. uKnowva has collaborated with Barrier Break, a Digital Accessibility Consulting firm to implement this solution. This feature makes uKnowva more accessible for everyone including people with disabilities, its [...]
Bengal Shapoorji secures Rs 200 crore loan, resumes construction work in Sukhobrishti project
Kolkata, Nov 28 (PTI) Bengal Shapoorji which is building Asia’s largest mass housing project in New Town area on Sunday said it is committed to the delivery of remaining apartments and has secured a Rs 200 crore loan to complete construction work. The company also claimed to have resumed the construction work with 600 workers [...]
Focus on upskilling, reskilling to grow further in 2022 as companies brace ‘new normal’: Skillsoft India
New Delhi, Nov 28 (PTI) As organisations carefully prepare to bring back some of their workforce to offices, companies are mapping skill requirements required to adapt to a new normal and a hybrid future, where a combination of remote working and office goers will change the workplace, according to Skillsoft India. The Learning & Development [...]
Voltas plans compressor mfg unit in JV with intl partner, to invest around Rs 500 cr
New Delhi, Nov 28 (PTI) Leading domestic air-conditioner maker Voltas plans to set up a compressor manufacturing unit in partnership with an international partner and will invest around Rs 500 crore, said a top company official. The Tata Group firm is planning to invest in a joint venture company, with an international partner, which requires [...]
IJMA suggests fair raw jute price at Rs 7,200 per quintal
Kolkata, Nov 28 (PTI) The Indian Jute Mills Association (IJMA) has suggested to revise the fair raw jute price to Rs 7,200 per quintal from Rs 6,500 per quintal now fixed by the regulator Jute Commissioner. The IJMA had submitted their suggestion after an emergency meeting pursuant to a high level meeting at the Nabanna, [...]
Singapore tracking Omicron COVID-19 variant ‘very closely’: PM Lee
Singapore, Nov 28 (PTI) Singapore is tracking the emerging Omicron COVID-19 variant “very closely” and could be forced to take a few steps back again before moving ahead with easing of safety measures and opening up the economy, Prime Minister Lee Hsien Loong said on Sunday. The World Health Organisation (WHO) on Friday declared Omicron [...]
Bangladesh’s nod awaited for 24×7 exim trade through Petropole land border
Kolkata, Nov 28 (PTI) The 24x7 export and import trade between India and Bangladesh to eliminate delay in consignments through Petrapole land border is awaiting the neighbouring country's notification to keep their border gate open round the clock, an official said. The detention period for trucks at the border has crossed more than 40 days [...]
New COVID variant updates to drive stock markets this week: Analysts
New Delhi, Nov 28 (PTI) Stock markets this week will be driven mostly by updates related to the new covid variant that sent equities tumbling globally on Friday, macroeconomic data announcements and auto sales numbers, analysts said. A World Health Organisation panel has named the new COVID strain 'Omicron' and classified it as a highly [...]
Great headphones blend physics, anatomy and psychology – but what you like to listen to is also important for choosing the right pair
Indianapolis (US), Nov 28 (The Conversation) Between music, podcasts, gaming and the unlimited supply of online content, most people spend hours a week wearing headphones. Perhaps you are considering a new pair for the holidays, but with so many options on the market, it can be hard to know what to choose. I am a [...]
Travel bans aren’t the answer to stopping new COVID variant Omicron
Sydney, Nov 28 (The Conversation) There is global concern and widespread alarm at the discovery of SARS-CoV-2 variant B.1.1.529, which the World Health Organisation (WHO) has called Omicron.The WHO has classified Omicron as a “variant of concern” because it has a wide range of mutations. This suggests vaccines and treatments could be less effective.Although early [...]
Prayer apps are flooding the market, but how well do they work?
Los Angeles, Nov 28 (The Conversation) Hallow, a Catholic prayer and meditation app that claims over a million downloads, has raised over USD 52 million in investments.Prayer apps are not new. Silicon Valley startups popularized mindfulness and meditation apps as early as 2010, although many have criticized those apps for being spiritually shallow.Hallow’s young founders [...]
Travel bans aren’t the answer to stopping new COVID variant Omicron
Sydney, Nov 28 (The Conversation) There is global concern and widespread alarm at the discovery of SARS-CoV-2 variant B.1.1.529, which the World Health Organization (WHO) has called Omicron.The WHO has classified Omicron as a “variant of concern” because it has a wide range of mutations. This suggests vaccines and treatments could be less effective.Although early [...]
Aapai Technologies says ex-joint commissioner of Mumbai Police Satyapal Yadav has joined its board
New Delhi, Nov 27 (PTI) Former joint commissioner of Mumbai Police Satyapal Yadav has joined the board of Aapai Technologies, the company said in a statement on Saturday and added that it had earlier wrongly identified the new independent director as former Mumbai Police Commissioner Satyapal Singh. "Mr Satyapal Singh who is the former MP [...]
Blockchain start-up Kingspin Technology Services starts operations in India
Kochi, Nov 27 (PTI) Kingspin Technology Services, a Keralite-driven UAE based blockchain start-up on Saturday launched its services in India with an aim to spread its wings in Kerala with Kochi as an Offshore delivery center to expand Blockchain Development Team. Kingspin also plans to focus on other Digital Transformation Technologies such as Data Science [...]
Tata Steel focuses on increasing iron ore production to 45 mtpa in 5 yrs
Jamshedpur, Nov 27 (PTI) Tata Steel will focus on augmenting iron ore production from 30 million tonne per annum to 45 mtpa in the next five years, a company official said on Saturday. The total iron ore production from the steelmakers' captive mines in Noamundi in Jharkhand and in Katamati, Joda and Khondbond blocks in [...]
2 cases of Omicron COVID-19 variant found in UK
London, Nov 27 (PTI) Two people in the UK have been found to be infected with the new COVID-19 variant, Omicron, the UK government announced on Saturday as it added four more African countries to its travel red list. Health Secretary Sajid Javid said the UK Health Security Agency (UKHSA) had detected cases in Chelmsford, [...]
India shown as preferred destination partner for textiles at Dubai Expo
Dubai, Nov 27 (PTI) An Indian delegation at the Expo 2020 Dubai on Saturday described India as the preferred destination partner for textiles and clothing, and emphasised on the need for exporters to use the UAE as the gateway to Africa and Europe. The delegation from India’s textile industry gathered here for a networking session [...]
Democratic countries need to think about creating safe, accountable internet: MoS IT
New Delhi, Nov 27 (PTI) Democratic countries need to join hands to think about creating safety, trust and accountability on the internet which has no boundaries, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Saturday. Speaking at the first ever India Internet Governance Forum (IIGF) organised by Ministry of Electronics and Information [...]
Majority of Indians surveyed want govt to reconsider decision on international flights
Mumbai, Nov 27 (PTI) As much as 64 per cent of respondents in a survey conducted over the government’s decision to allow scheduled international operations to and from India from December 15 want the Modi dispensation to reconsider it in the wake of a new Covid variant. Conducted immediately after the government announced the resumption [...]
Himachal govt announces new pay scales for its employees
Shimla, Nov 27 (PTI) The Himachal Pradesh government has announced new pay scales as per the 6th Pay Commission for its employees, an official spokesperson said. It has also reduced the period of contractual employees for their regularisation from three years to two years. Chief Minister Jai Ram Thakur while addressing the Joint Coordination Committee [...]
R K Singh, Nitish Kumar launch 2 power units in Bihar
New Delhi, Nov 27 (PTI) Union Power Minister R K Singh and Bihar Chief Minister Nitish Kumar on Saturday dedicated to the nation two power generating units of 1,160 MW capacity in Barauni and Barh in Bihar. Singh and the Bihar chief minister dedicated Stage -II 500MW of NTPC Barauni Thermal Power Station and Unit [...]
Mahanadi Coalfields to set up 50-MW solar plant in Odisha
Sambalpur, Nov 27 (PTI) Mahanadi Coalfields Ltd (MCL) will set up a 50-megawatt solar power plant in Odisha’s Sambalpur district at a cost of Rs 301.92 crore as part of its goal to achieve carbon neutrality by 2024. This project will reduce carbon dioxide emission by 91,020 tonnes per annum and carbon offsets of around [...]
GHCL Ltd to invest Rs 500 cr in TN; signs MoU with govt
Chennai, Nov 27 (PTI) Leading chemical and textile company GHCL Ltd would invest Rs 500 crore in Tamil Nadu and a memorandum of understanding was signed with the government to this effect, the company said on Saturday.GHCL CEO (Yarn Division) M Sivabalasubramanian exchanged documents with Guidance Tamil Nadu, Managing Director and CEO, Pooja Kulkarni in [...]
Families stuck after sudden decision to ban flights to and from South Africa
Johannesburg, Nov 27 (PTI) Hundreds of foreigners on family or business trips in South Africa desperately tried to get back home on the last available flights as several nations imposed restrictions on travellers due to the discovery of the new Omicron variant of COVID-19 in this country. The UK announced on Thursday that all flights [...]
Sixth Edition of ASCENT eConclave Concludes Successfully
Mumbai, Maharashtra, India (NewsVoir) • Nandan Nilekani, Rishad Premji, SriharshaMajety, Harsh Mariwala, among other esteemed leaders, addressed the ASCENT eConclave on 26 November 2021 • The conclave aimed at decoding disruption through Industry Experts, Thought Leaders, and Change Makers engaged with 1000+ entrepreneurs who attended the event The sixth edition of the ASCENT eConclave 2021 [...]
Families stuck after sudden decision to ban flights to and from South Africa
Johannesburg, Nov 27 (PTI) Hundreds of foreigners on family or business trips in South Africa desperately tried to get back home on the last available flights as several nations imposed restrictions on travellers due to the discovery of the new Omicron variant of COVID-19 in this country. The UK announced on Thursday that all flights [...]
WTO postpones ministerial meet in Geneva for indefinite period due to Covid
New Delhi, Nov 27 (PTI) The World Trade Organization (WTO) has postponed the ministerial level meet, scheduled from November 30 in Geneva, for an indefinite period due to an outbreak of a particularly transmissible strain of the COVID-19 virus. According to a WTO statement, no date has been set for the rescheduling of the 12th [...]
Uranus Collects Over 2.5 Tons of Used Cooking Oil from Hotels in Chennai to Turn it into Biodiesel
Chennai, Tamil Nadu, India (NewsVoir) Providing a commercially viable solution to the food industry to dispose of its used cooking oils (UCO), Uranus Oil Corp, a Chennai-based startup in renewable energy and waste management solutions, collects UCO for a price and supplies them to manufacture biodiesel, a cleaner and greener form of diesel. Uranus has [...]
Goyal asks gem, jewellery sector to focus on design, diversifying export product basket
New Delhi, Nov 27 (PTI) Commerce and Industry Minister Piyush Goyal on Saturday asked the gem and jewellery industry to focus on areas like design, diversification of export product basket and lab grown diamonds with a view to boost outbound shipments and job creation. He said that exports from the sector have increased to USD [...]
Centre, states making efforts to remove burdensome compliance to promote ease of doing biz: Goyal
New Delhi, Nov 27 (PTI) The Centre's effort along with states is to eliminate burdensome compliances, reduce the need for licensing and rationalise the renewal process with an aim to promoting ease of doing business in the country, Commerce and Industry Minister Piyush Goyal said on Saturday. He also suggested that the industry and the government [...]
Indusind Bank’s Hindujas welcome RBI move to up promoter holding to 26%
Mumbai, Nov 27 (PTI) The Hindujas, who had earlier applied to RBI seeking to increase their holding in Indusind Bank, on Saturday welcomed the RBI move to allow promoter holding of up to 26 per cent in private sector lenders. IIHL Mauritius, the Hindujas' entity which is the promoter of IndusInd Bank, had applied to [...]
Tech Based Mentorship Platform MentorKart® Raises USD 250K, LetsVenture and Ashish Vidyarthi Join this Round
Delhi, India (NewsVoir) Leading Tech-based Mentorship patented platform MentorKart® today announced that in its extended round of funding, it has raised funds from LetsVenture and senior actor & motivational speaker Ashish Vidyarthi taking total funds raised till date to USD 250K. According to MentorKart, it will utilise the funds for its go-to Market plans, enhancing [...]
Public hearing held for JSW project in Odisha
Paradip, Nov 27 (PTI) A public hearing was held for Jindal Steel Works’ proposed integrated steel plant in Odisha’s Jagatsinghpur district, officials said. The JSW has proposed a “world-class” 12-million-tonne-per-annum (MTPA) facility, 900 MW power plant and a captive port in 3,000 acres of land at an estimated cost of Rs 50,000 crore. The POSCO [...]
Star Air wins the ‘Highest average passenger load factor on RCS flights’ award by The Ministry of Civil Aviation
BELAGAVI, India, Nov. 26, 2021 /PRNewswire/ -- With a commitment to enhance regional connectivity throughout the country, Star Air has had an incredible and exciting journey during the winter schedule of October 2020. It has been voted as the airline with the highest average passenger load factor on RCS flights by the Ministry of Civil [...]
EDMC proposes hike in property tax; to drop tax on milch, vehicle-pulling animals
New Delhi, Nov 26 (PTI) The East Delhi Municipal Corporation (EDMC) in its budget on Friday proposed to increase property tax on residential and commercial properties and suggested dropping taxation on cycle rickshaws, milch animals and those which pull vehicles.EDMC Commissioner Vikas Anand presented the revised budget estimates for the financial year 2021-22 and budget [...]
Govt says Starlink not a licensee; asks co to refrain from booking satellite internet services
New Delhi, Nov 26 (PTI) The government on Friday said Starlink Internet Services is not licensed to offer satellite-based internet services in India, and advised the public not to subscribe to services that are being advertised by the Elon Musk-backed company without a requisite licence in the country. The Department of Telecom (DoT) also asked [...]
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