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Penny stock jumps 8% after reporting 570% YoY increase in net profits
The shares of this microcap company surged around 8 percent in Thursday’s trading session after reporting an increase in net profits by 570 percent YoY. The stock has delivered more than a 30 percent return to its shareholders in one year. Price Movement: With a market capitalization of Rs. 718 crores, the shares of Vikas [...]
Multibagger stock jumps 4% after receiving purchase orders from Torrent Power and NTPC
The shares of the thermal and hydropower plant operator gained up to 4 percent after the company received the purchased order for the Supply of Boiler spares & Services for ESP worth Rs 3.83 crore. GE Power India Ltd has a market capitalization of Rs 3,428.60 crore, the shares were trading at Rs 512.00 per [...]
Dolly Khanna stock hits 20% upper circuit after its net profits increases by 261% YoY
Dolly Khanna Stock engaged in the business of exploration and production of Oil & Gas hit a 20 percent upper circuit in the day’s trade upon declaring its Q1FY25 results with a 261 percent jump in Net Profits Price action With a market capitalization of Rs. 1,393 Crores, the shares of Selan Exploration Technology Limited [...]
Multibagger stock hits 5% upper circuit after its net profit increases 376% YoY
In Thursday’s trading session, the shares of a leading player in the power transmission and distribution business hit a 5% upper circuit at Rs. 1,648.9, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 103 percent QoQ and 376.4 percent YoY. With a market capitalisation of Rs. 42,219.5 crore, [...]
Stock under ₹ 50 hits 20% upper circuit after it announces 4:1 bonus issue
The shares of the company, which operates in the FMCG sector, surged to a 20% upper limit after the board approved a bonus issue in a 4:1 ratio. On Thursday’s trade, Goel Food Products Ltd shares hit a 20% upper circuit, reaching a 52-week high price of ₹49.32 apiece on the Stock Exchange. The company [...]
Stock with low debt and profit CAGR of 129% sets growth guidance and expansion for FY25
The company is one of India’s largest CNC machine tool manufacturers, offering a diverse range of products including Turning Centres, Turn-Mill Centers, Vertical Machining Centers (VMC), Horizontal Machining Centers (HMC), 5 Axis Machining Centers, Multi-tasking Machining Centers, along with Industry 4.0 and Artificial Intelligence (AI) solutions. Share Price Movement Jyoti CNC Automation Ltd. was listed [...]
2 Bank stocks to buy now for an upside of 30%; Do you own any?
The Indian banking sector, comprising 12 public sector banks, 22 private sector banks, and 46 foreign banks, serves over 200 million customers. With total assets exceeding USD 2 trillion and a credit growth rate of 18%, it plays a pivotal role in the nation's economic development and financial inclusion. Here are the bank stocks with [...]
F&O traders to be affected by SEBI’s new proposal? Everything retail traders must know
Sebi chief Madhabai Puri Buch said an annual loss of Rs 50,000 - Rs 60,000 crore of household savings through derivatives trading is a macro concern. The same money could get deployed into IPOs, mutual funds, or other productive uses for the Indian economy. The Sebi believes there is excessive speculative trading activity taking place [...]
2 Fertiliser stocks in focus after CCI approves merger; Do you own any?
The share prices of these two fertilizer companies remained in focus after Competition Commission of India approved a proposed merger and arrangement between them. Share price movements: With a market capitalization of Rs 7,520.41 crores the shares of Paradeep Phosphates Limited (PPL) closed at Rs 92.30 on Wednesday. With a market capitalization of Rs 1,623.66, [...]
IT stock jumps 3% after receiving 2 new patent approvals to improve communication security
The share price of this leading IT stock surged 3 percent after the United States Patent and Trademark Office (USPTO) granted two new patents to a wholly-owned subsidiary of this IT and communication services company. Price Movement In Wednesday’s trading session, Tanla Platforms Ltd.'s share price rose to Rs.991 per share, a 2.5 percent increase [...]
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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
Centre’s FY22 fiscal deficit may be better at 6.6 pc on stronger-than-expected tax buoyancy: Fitch
New Delhi, Nov 22 (PTI) The Centre could better its fiscal deficit at 6.6 per cent of GDP in this financial year on stronger-than-expected revenue buoyancy, even if the budgeted disinvestment target is not met, Fitch Ratings has said. The international rating agency had last week kept the sovereign rating unchanged at 'BBB-' with a [...]
Boehringer Ingelheim receives CDSCO approval to market its innovator cardiovascular drug Jardiance
New Delhi, Nov 22 (PTI) Global pharmaceuticals major Boehringer Ingelheim on Monday said it has received approval from India's Central Drugs Standard Control Organisation (CDSCO) to market its innovator cardiovascular drug Jardiance (empagliflozin) for indication in heart failure and reduced ejection fraction (HFrEF). HFrEF, which accounts for more than half of heart failure cases, occurs [...]
Co-op societies can’t use ‘bank’ in their names: RBI
Mumbai, Nov 22 (PTI) The RBI on Monday cautioned the public against co-operative societies using 'bank' in their names as well as accepting deposits from people who are not their members. After the amendment in the Banking Regulation Act, 1949, effective September 29, 2020, co-operative societies cannot use the words "bank", "banker" or "banking" as [...]
Niva Bupa Health Insurance projects Rs 5,000-cr gross written premium by 2023-24
New Delhi, Nov 22 (PTI) Niva Bupa Health Insurance on Monday announced its mid-term growth target, projecting a gross written premium of Rs 5,000 crore by 2023-24. Niva Bupa MD and CEO Krishnan Ramachandran said the insurer has seen overwhelming growth in the past 24 months and it is aggressively expanding its direct as well [...]
Euler Motors raises USD 10 mn in funding led by QRG Investments
Mumbai, Nov 22 (PTI) Electric vehicle maker Euler Motors on Monday announced raising an additional capital of USD 10 million (around Rs 74 crore) from a clutch of investors, led by QRG Investments and Holdings. This marks the first investment by QRG Investments and Holdings in an EV brand in India, the company said in a [...]
Crude oil futures gain on spot demand
New Delhi, Nov 22 (PTI) Crude oil prices on Monday rose by Rs 26 to Rs 5,695 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for November delivery traded higher by Rs 26, or 0.46 per cent, to Rs 5,695 per barrel in 6,707 [...]
CAIT demands strict action against Amazon for alleged sale of marijuana
Jaipur, Nov 22 (PTI) The Confederation of All India Traders (CAIT) on Monday demanded strict action against e-commerce giant Amazon for the alleged sale of marijuana on its platform. CAIT Rajasthan President Subhash Goyal said the central as well as the state governments should frame rules to prevent such contraband transactions on its platform, which [...]
Triveni Engineering inks pact with GEAE Tech to manufacture gas turbine base
New Delhi, Nov 22 (PTI) Triveni Engineering & Industries on Monday said it has signed a 10-year business agreement with GEAE Technology USA to locally manufacture the 'LM2500' gas turbine base and enclosure.The LM2500 is the chosen propulsion gas turbine by the Indian Navy for many of its surface combatant vessels. It has power ranging [...]
Resource for journalists around the world on COVID-19 vaccines
SYDNEY, Nov. 22, 2021 /Medianet-International-AsiaNet/ -- covidvaccinehub.org ( https://covidvaccinehub.org/ ) If you're a fact checker or a journalist, we're here to help you find the information and experts you need for your story. The COVID-19 Vaccine Media Hub (https://covidvaccinehub.org/) is a dedicated global resource for journalists and fact checkers wanting access to evidence-based information on [...]
WinZO partners with Kalaari Capital to launch Gaming Lab; to co-invest in gaming
New Delhi, Nov 22 (PTI) Social gaming platform WinZO on Monday said it has partnered with Kalaari Capital to launch an investment initiative Gaming Lab to encourage and support the gaming ecosystem in the country.The Gaming Lab will be launched during GameCon 2021. The lab will invest across all forms of interactive entertainment apps in [...]
MakeMyTrip to partner with civil aviation ministry to promote regional air connectivity
New Delhi, Nov 22 (PTI) Online travel services firm MakeMyTrip on Monday said it will partner with the Ministry of Civil Aviation to promote regional air connectivity through the UDAN scheme.As the UDAN scheme completes four years of connecting major cities with regional hubs, MakeMyTrip will now power UDAN flights on the AirSewa portal and [...]
Rising demand lifts refined soya oil futures
New Delhi, Nov 22 (PTI) Refined soya oil prices on Monday rose by Rs 5.1 to Rs 1,240 per 10 kg in futures trade as speculators raised their bets. On the National Commodity and Derivatives Exchange, refined soya oil for December delivery moved up by Rs 5.1, or 0.41 per cent, to Rs 1,240 per [...]
Guar gum futures fall on low demand
New Delhi, Nov 22 (PTI) Guar gum prices on Monday fell by Rs 468 to Rs 11,359 per five quintal in futures market as traders offloaded their holdings in line with weak trend in spot market.On the National Commodity and Derivatives Exchange, guar gum for December delivery declined by Rs 468, or 3.96 per cent, [...]
Zvolv raises USD 1.5 mn funding from JSW Ventures, others
New Delhi, Nov 22 (PTI) Zvolv, an enterprise SaaS platform, on Monday said it has raised USD 1.5 million (about Rs 11.1 crore) in funding, led by JSW Ventures. The round also saw participation from Riso Capital, a Silicon Valley based VC fund, a statement said. Zvolv plans to use the funds to expand its [...]
Guar Seed futures decline on low demand
New Delhi, Nov 22 (PTI) Guar seed prices on Monday went down by Rs 150 to Rs 6,135 per 10 quintal in futures trade. On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery was trading at Rs 6,135 down by Rs 150, or 2.39 per cent per 10 quintal with an [...]
Bhupender Yadav flags off domestic worker survey; unveils instruction manual
New Delhi, Nov 22 (PTI) Union Labour Minister Bhupender Yadav on Monday flagged off the fieldwork of All India Survey on Domestic Workers and unveiled its instruction manual. It will cover 742 districts of 37 states in the country."This survey will cover a database of five and a half lakh households across the country and [...]
Institute of Risk Management (IRM) India Regional Group and All India Council for Technical Education (AICTE) report uncovers gaps on Enterprise Risk Management (ERM) knowledge in the Indian higher education system
• 96% of the respondents considered risk literacy critical for both organisational and individual success • 81% of the organisations do not think their students have high risk literacy • IRM qualifications can play a critical role in building organisational risk management capabilities, as well as a robust enterprise risk education curriculum, for higher education [...]
OnMobile Global Launches O-Cade with Ooredoo Myanmar
BENGALURU, India, Nov. 22, 2021 /PRNewswire/ -- OnMobile Global Limited ("OnMobile"), the global leader in mobile entertainment, has launched their new B2B mobile quiz gaming product, Challenges Arena, under the brand name O-Cade with Ooredoo Myanmar. This is one of 6 partnerships which have gone live for Challenges Arena . O-Cade is a unique platform [...]
Sleepy Owl raises USD 6.5 mn funding from Rukam Capital, DSG Consumer Partners, others
New Delhi, Nov 22 (PTI) Sleepy Owl on Monday said it has raised USD 6.5 million (about Rs 48.3 crore) in funding, led by existing investor Rukam Capital. The series A funding raised by the Delhi-based direct to consumer (D2C) company, which operates in the ready-to-drink coffee space, also saw participation by existing investor DSG [...]
Airtel announces 20-25% tariffs hikes for prepaid offerings
New Delhi, Nov 22 (PTI) Telecom operator Bharti Airtel on Monday announced 20-25 per cent tariff hikes for various prepaid offerings, including tariffed voice plans, unlimited voice bundles and data top-ups, and said the new rates will come into effect from November 26.The entry-level tariffed voice plan has been raised by about 25 per cent, [...]
Poonawalla Fincorp and CARS24 Announce Strategic Partnership for Seamless Consumer Financing
The partnership will make consumer financing faster and easier for consumers looking to buy their dream car through CARS24 Pune, Maharashtra, India – Business Wire India CARS24, India's leading e-commerce platform for pre-owned vehicles and Poonawalla Fincorp Ltd (Formerly known as Magma Fincorp Limited), a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), have announced [...]
Domestic two-wheeler volume to shrink 1-4 pc YoY this fiscal: ICRA
Mumbai, Nov 22 (PTI) Domestic two-wheeler (2W) volume is expected to shrink by 1-4 per cent year-on-year this fiscal, impacted by relentless increase in 2W prices as well as record high petrol cost, among others, credit ratings agency ICRA has said. Further, ICRA said that the lacklustre festive season performance also highlights the continued wariness [...]
Digital payments for holiday packages and movies rule festive appetite with 200% and 450% growth respectively: PayU Insights Report – Festive Edition
• Maharashtra & Karnataka account for 40% of country's transactions; Maharashtra for 25% • Record of 8mn transactions processed in single day on PayU platform NEW DELHI, Nov. 22, 2021 /PRNewswire/ -- PayU, India's leading online payment solutions provider unveiled PayU Insights Report – Festive edition today, a comparative analysis between digital transaction trends in [...]
Mirae Asset Mutual Fund launches ETF scheme replicating/tracking Hang Seng TECH Index
- MIRAE ASSET HANG SENG TECH ETF (An open-ended scheme replicating/tracking Hang Seng TECH Total Return Index) - MIRAE ASSET HANG SENG TECH ETF FUND OF FUND (An open-ended fund of fund scheme predominantly investing in units of Mirae Asset Hang Seng TECH ETF) MUMBAI, India, Nov. 22, 2021 /PRNewswire/ -- Mirae Asset Mutual Fund, [...]
Pickrr expands its footprints, opens four more fulfilment centers in Ghaziabad, Lucknow, Guwahati, and Hyderabad
NEW DELHI, Nov. 22, 2021 /PRNewswire/ -- Having clocked a massive growth of 3X in shipments volume during the festive season, Pickrr, a leading SaaS-based logistics start-up, has announced the unveiling of four more fulfilment centers in Ghaziabad, Lucknow, Guwahati, and Hyderabad, taking the total number to ten across the country. The company plans to [...]
Eximius Ventures Announces the Most Happening Gaming Event in India: The Gaming Lounge 2021
Delhi, India (NewsVoir) • 3 keynote sessions featuring Nitish Mittersain of Nazara, RajanNavani of JetSynthesys and Eitan Reisel of VGames. • 6 panel sessions on trending topics in gaming including cryptos, NFTs and esports • 30+ speakers from 4+ countries • Battleground Mobile India (BGMI) exhibition match for a total prize pool of Rs. 4 [...]
Startup Fasal raises USD 4 million from 3one4 Capital, Omnivore, Wavemaker
New Delhi, Nov 22 (PTI) Precision agriculture platform Fasal on Monday said it has raised USD 4 million from investors to expand business in India and South East Asia. The company raised this fund in pre-Series A round led by 3one4 Capital with participation from existing investors Omnivore and Wavemaker Partners, Fasal said in a [...]
HealthCare Global acquires majority stake in Suchirayu Healthcare
New Delhi, Nov 22 (PTI) Cancer focused healthcare service provider HealthCare Global Enterprises Limited (HCG) on Monday said it has become a majority stakeholder in Suchirayu Healthcare Solutions with the acquisition of additional 60.9 per cent for an undisclosed sum.With the transaction, HCG has increased its holding in Suchirayu from the existing 17.7 per cent [...]
Renova Group Forayed Into Cancer Care by Inaugurating Renova Soumya Cancer Centre at Secunderabad
Secunderabad, Telangana, Hyderabad, India – Business Wire India Renova Hospitals, a Multi Specialty Hospital Chain with its branches at Langar Houz, Sanath Nagar, Kompally and Banjara Hills and has forayed into Cancer Care by inaugurating Renova Soumya Cancer Hospital, its first cancer care facility at Kharkana, Secunderabad today evening. It was inaugurated by Prof.Abhijat Sheth, [...]
IndianOil wins Community Collaboration Award at ACES Awards 2021
NEW DELHI, Nov. 22, 2021 /PRNewswire/ -- Indian Oil Corporation Limited (IndianOil) has been awarded the 'Community Collaboration Award' under Asia Corporate Excellence & Sustainability Awards (ACES) 2021, organised by MORS Group, Malaysia. IndianOil born in 1959 is India's largest integrated and diversified energy company with presence across the entire hydrocarbon value chain – Refining, [...]
Nanoprecise Doubling AI-based PdM Deployment across Asian Metal Sector
Nanoprecise Sci Corp is doubling the deployment of its AI-based Predictive Maintenance Solution in Metal Sector Across Asia. BANGALORE, India, Nov. 22, 2021 /PRNewswire/ -- Metals industry in Asia The Asian Metal sector continues to see significant growth with rising industrial demand in the domestic markets and renewed focus on infrastructure in US and Europe. [...]
India urges global firms to join its energy transition journey
Dubai, Nov 21 (PTI) India has invited global companies to invest in its energy transition and work with it to achieve its vision to expand the green footprint by more than doubling the share of natural gas in the country's energy basket. Addressing investors virtually during a roadshow on Saturday ahead of the 11th round [...]
Mamata likely to visit Mumbai in December to meet top industrialists
Kolkata, Nov 21 (PTI) Aiming to attract investments to West Bengal, Chief Minister Mamata Banerjee is likely to visit Mumbai next month, a source said on Sunday.Banerjee is likely to arrive in Mumbai on December 1 on a three-day tour, the source said."During the visit to Mumbai, the chief minister is likely to meet some [...]
Yoga guru Ramdev’s launch of TV channels in Nepal faces opposition
Kathmandu, Nov 21 (PTI) The Nepal government will take action against yoga guru Ramdev's two television channels if it is found that they are being operated in the country without seeking permission and or following due procedures, a senior official said on Sunday.Nepal's Prime Minister Sher Bahadur Deuba and Communist Party of Nepal-Maoist Centre chairman [...]
Registration fee for FPOs, PACs and SHGs reduced substantially to Rs 500: WDRA chief
New Delhi, Nov 21 (PTI) Warehousing Development and Regulatory Authority (WDRA) Chairperson Harpreet Singh Sunday said the registration fee has been substantially reduced to Rs 500 for farmer producers organisations (FPOs), primary agriculture cooperative societies (PACs) and self-help groups (SHGs). The registration fee has been reduced for these organisations as they have a natural advantage [...]
Centre to soon start massive awareness about KCC for fishermen: Rupala
New Delhi, Nov 21 (PTI) Union Minister for Animal Husbandry, Dairying and Fisheries Parshottam Rupala on Sunday said the Centre will soon start a massive campaign to raise awareness about the Kisan Credit Card (KCC) for fishermen in the country. Speaking on the occasion of World Fisheries Day in Bhubaneswar, Odisha, the minister said, "The [...]
58 Aadhaar Seva Kendras out of planned 166 functional now: UIDAI CEO
Ghaziabad, Nov 21 (PTI) The Unique Identification Authority of India (UIDAI) has made 58 out of the planned 166 Aadhaar Seva Kendras operational till now, a top official of the organisation said on Sunday. Residents can visit these Aadhaar Seva Kendras (ASKs) for Aadhaar enrolment and updation services like change in address and corrections. UIDAI [...]
FinMin notifies 12 pc GST rate on MMF, yarn, fabrics from Jan 1; corrects duty anomaly
New Delhi, Nov 21 (PTI) The finance ministry has notified uniform 12 per cent GST rate on manmade fibre (MMF), yarn, fabrics and apparel, thereby addressing the inverted tax structure in the MMF textile value chain. Currently, tax rate on MMF, MMF yarn and MMF fabrics is 18 per cent, 12 per cent and 5 [...]
Will make effort so that Manipur gets full advantage of FTAs: Goyal
New Delhi, Nov 21 (PTI) The Centre will make every possible effort so that Manipur gets full advantage of free-trade agreement (FTA) as the state is a gateway to Myanmar and ASEAN countries, Union Minister Piyush Goyal has said. The minister stated this on Saturday during an interaction with industry bodies of Manipur. India and [...]
Kerala to come out with policy to promote ESG investments, says Rajeev
New Delhi, Nov 21 (PTI) Kerala is preparing to come out with a first-of-its-kind policy to promote environmental, social and governance (ESG) investments as the southern state focuses on the ease of doing business as well as living to attract more investors. The state's Industries Minister P Rajeev said experts are being consulted for finalising [...]
Investors bet big on SIPs; inflows at Rs 67,000 cr in Apr-Oct FY22
New Delhi, Nov 21 (PTI) Inflows in the mutual fund industry through systematic investment plans or SIPs reached close to Rs 67,000 crore in the first seven months of the ongoing fiscal, suggesting growing popularity of the route for investment among retail investors. This comes following an inflow of Rs 96,080 crore through the route [...]
McLaren Technology Acquisition Corp plans to acquire significant stake in Indian fintech firm
New Delhi, Nov 21 (PTI) California-based McLaren Technology Acquisition Corp is looking to acquire a significant stake in an Indian fintech company preferably having valuation in the range of USD 500 million to USD 2 billion, a top company official said. McLaren Tech raised USD 201.25 million or about Rs 1,500 crore during its Nasdaq [...]
SBI yet to refund Rs 164 cr undue fee charged from Jan Dhan a/c holders
New Delhi, Nov 21 (PTI) State Bank of India (SBI) is yet to return Rs 164 crore of undue fee charged from the account holders of Pradhan Mantri Jan Dhan Yojana (PMJDY) towards digital payments during April 2017 and December 2019, a report said. "On directions from the government, SBI has returned just about Rs [...]
RBI panel’s recommendations to promote orderly growth of digi-lending, say industry players
Mumbai, Nov 21 (PTI) The recommendations made by the RBI working group on digital lending, including lending through online platforms and mobile apps, will promote orderly growth of sector, industry players said. In a comprehensive report, the Working Group constituted by the RBI has made several recommendations, including a separate legislation to prevent illegal digital [...]
Vulnerability in PNB server exposed customer data for about seven months: CyberX9
New Delhi, Nov 21 (PTI) A vulnerability in the server of Punjab National Bank allegedly exposed the personal and financial information of its about 180 million customers for about seven months, according to cyber security firm CyberX9. CyberX9 has claimed that the vulnerability provided access to the entire digital banking system of PNB with administrative [...]
Road safety: Experts, corporates begin trials for ‘Safe School Zones’ in 5 cities
New Delhi, Nov 21 (PTI) "Slow down-School ahead", reads a sign outside a top private school in Bengaluru, which has converted the area outside its premises into a 'Safe School Zone' to ensure road safety for children and improve pedestrian access. St Joseph's High School in Bengaluru is among a few schools in five cities [...]
Transparency on algorithms needs to be conscious step for social media platforms: Koo co-founder
New Delhi, Nov 21 (PTI) Taking transparent and consistent approach to algorithms is a conscious choice to be made by every social media platform, and is "the right way to go" to establish trust with users, homegrown microblogging platform Koo's co-founder and CEO Aprameya Radhakrishna has said. While self-regulation should be the first step, separate [...]
Bounce Infinity to be launched on Dec 2; deliveries to commence from early 2022
Mumbai, Nov 21 (PTI) Electric scooter rental startup Bounce has said that its maiden consumer e-scooter, Ínfinity, is set to be rolled out early next month and the deliveries are expected to commence from early 2022. The Bangalore-based firm had acquired 22Motors, including its manufacturing unit at Bhiwadi, Rajasthan, in a deal valued at USD [...]
Over 70,000 Indian exporters gear up for Black Friday, Cyber Monday sale via Amazon
New Delhi, Nov 21 (PTI) Amazon India on Sunday said over 70,000 Indian exporters, who are part of its Global Selling programme, will offer millions of 'Made in India' products to global customers during the annual Black Friday and Cyber Monday (BFCM) sale. The Black Friday and Cyber Monday sale starts on November 25 and [...]
Tata Technologies rebounds from pandemic lows, eyes about USD 500 mn revenue this fiscal
New Delhi, Nov 21 (PTI) Tata Technologies, a global engineering and product development digital services firm, expects to clock close to half a billion dollars in revenue this fiscal, riding on accelerated growth from electric mobility across the globe and offshoring of projects by its customers in the aftermath of COVID-19, according to a top [...]
Maruti to stay away from diesel segment; focus on making petrol cars more fuel efficient
New Delhi, Nov 21 (PTI) Maruti Suzuki India (MSI) has ruled out getting back into the diesel segment as it believes sale of such vehicles would further come down with the onset of the next phase of emission norms in 2023, according to a senior company official. The country's largest carmaker believes the next phase [...]
Common Service Centres log more than 80 pc informal workers’ registrations on e-Shram portal
New Delhi, Nov 21 (PTI) Over four lakh Common Service Centres (CSCs), which act as access points for delivery of digital services, have recorded more than 80 per cent of unorganised sector workers so far in last three months of operation of e-Shram portal in the country, latest data shows. According to the latest data [...]
Vishal Fabrics aims Rs 2,000 cr top-line in next 2 yrs
New Delhi, Nov 21 (PTI) Denim maker Vishal Fabrics aims for a Rs 2,000 crore top-line in the next two fiscals, helped by expansion in the domestic market led by increasing adaptability of denim and exports, where it is exploring new markets across other geographies, said a top company official. Vishal Fabrics is also investing [...]
Nine of top-10 firms lose Rs 1.47 lakh cr in m-cap; RIL biggest laggard
New Delhi, Nov 21 (PTI) The combined market valuation of nine of 10 most valued companies declined by Rs 1,47,360.93 crore last week, with Reliance Industries emerging as the biggest laggard. Infosys was the only gainer from the top-10 list. During the holiday-truncated week, the 30-share BSE benchmark Sensex tumbled 1,050.68 points or 1.73 per [...]
Global factors to guide markets; stocks may face volatility: Analysts
New Delhi, Nov 21 (PTI) Equity markets would watch out for global cues in absence of any major event on the domestic front, and indices may face volatility in view of the scheduled derivatives expiry this week, analysts said. "During the week, volatility is likely to remain high due to the scheduled derivatives expiry of [...]
Nine of top-10 firms lose Rs 1.47 lakh cr in m-cap; RIL biggest laggard
New Delhi, Nov 21 (PTI) The combined market valuation of nine of 10 most valued companies declined by Rs 1,47,360.93 crore last week, with Reliance Industries emerging as the biggest laggard. Infosys was the only gainer from the top-10 list. During the holiday-truncated week, the 30-share BSE benchmark Sensex tumbled 1,050.68 points or 1.73 per [...]
Global factors to guide markets; stocks may face volatility: Analysts
New Delhi, Nov 21 (PTI) Equity markets would watch out for global cues in absence of any major event on the domestic front, and indices may face volatility in view of the scheduled derivatives expiry this week, analysts said. "During the week, volatility is likely to remain high due to the scheduled derivatives expiry of [...]
Nine of top-10 firms lose Rs 1.47 lakh cr in m-cap; RIL biggest laggard
New Delhi, Nov 21 (PTI) The combined market valuation of nine of 10 most valued companies declined by Rs 1,47,360.93 crore last week, with Reliance Industries emerging as the biggest laggard. Infosys was the only gainer from the top-10 list. During the holiday-truncated week, the 30-share BSE benchmark Sensex tumbled 1,050.68 points or 1.73 per [...]
Global factors to guide markets; stocks may face volatility: Analysts
New Delhi, Nov 21 (PTI) Equity markets would watch out for global cues in absence of any major event on the domestic front, and indices may face volatility in view of the scheduled derivatives expiry this week, analysts said. "During the week, volatility is likely to remain high due to the scheduled derivatives expiry of [...]
Nine of top-10 firms lose Rs 1.47 lakh cr in m-cap; RIL biggest laggard
New Delhi, Nov 21 (PTI) The combined market valuation of nine of 10 most valued companies declined by Rs 1,47,360.93 crore last week, with Reliance Industries emerging as the biggest laggard. Infosys was the only gainer from the top-10 list. During the holiday-truncated week, the 30-share BSE benchmark Sensex tumbled 1,050.68 points or 1.73 per [...]
Global factors to guide markets; stocks may face volatility: Analysts
New Delhi, Nov 21 (PTI) Equity markets would watch out for global cues in absence of any major event on the domestic front, and indices may face volatility in view of the scheduled derivatives expiry this week, analysts said. "During the week, volatility is likely to remain high due to the scheduled derivatives expiry of [...]
IIM Nagpur wins Business Plan contest of V-Guard Industries
Kochi, Nov 20 (PTI) The Indian Institute Of Management, Nagpur on Saturday won the Business Plan contest as part of the annual 'Big Idea Contests' organised by V-Guard Industries Ltd. While Muthoot Institute of Technology, Vaikoli, bagged first prize in Big Idea Tech design contest, International Management Institute, Delhi and Indian Institute Of Management, Sambalpur [...]
Sitharaman announces clearance for two proposals of IFSCA at GIFT City; stresses on creating ecosystem for global financial hub
Gandhinagar, Nov 20 (PTI) Leading startups operating elsewhere in the country should be invited to GIFT City to help create the ecosystem necessary for a global financial hub, Union Finance Minister Nirmala Sitharaman said here on Saturday. During her visit to GIFT City, Sitharaman also emphasised on greater coordination among stock exchanges as well as [...]
MP police register case against Amazon India officials after busting online ganja sale racket
Bhopal, Nov 20 (PTI) Police in Madhya Pradesh's Bhind district on Saturday registered a case against executive directors of Amazon India after busting a racket which allegedly sold ganja (cannabis) under the guise of selling a sweetener through the e-commerce platform. Amazon had said in a statement earlier that it does not allow sale of [...]
FCI sets up chemical lab in Gurguram; plans to open 4 more labs: MoS Food Choubey
Gurugram, Nov 20 (PTI) Minister of State for Consumer Affairs, Food & Public Distribution Ashwini Kumar Choubey on Saturday inaugurated a chemical lab set up by state-owned FCI here in Haryana with nearly Rs 5 crore investment and said four more such laboratories will be set up across the country. FCI has developed its first [...]
Pak says ’empty’ containers seized at Mundra Port earlier used for shipping fuel from China for Karachi nuclear power plants
Islamabad, Nov 20 (PTI) Pakistan on Saturday said the containers seized by Indian authorities at Gujarat's Mundra Port on a Shanghai-bound cargo ship were "empty" but were earlier used for the transportation of fuel from China to Karachi for K-2 and K-3 nuclear power plants. The Pakistan Foreign Office issued a statement in response to [...]
Sitharaman announces clearance of two proposals of IFSCA at GIFT City in Gujarat
Gandhinagar, Nov 20 (PTI) Union Finance Minister Nirmala Sitharaman announced clearance of two proposals worth Rs 469 crore of the International Financial Services Centres Authority (IFSCA) at GIFT City here during her one-day visit on Saturday. Sitharaman announced formal clearance of Rs 269.05 crore for supervisory technology fund for IT infrastructure and Rs 200 crore [...]
BULLION-PRICES-CLOSING
Bengaluru, Nov 20 (PTI) Closing bullion rates on Saturday Standard gold : (99.5 purity) Rs 50,500 per 10 gram Ornament gold : Rs 4,710 per gram Silverspot : (.999 fineness) Rs 67,600 per kg. PTI DVR APR APR
Develop technology to reduce charging time for EVs: Pandey to ARAI
Pune, Nov 20 (PTI) The Automotive Research Association of India (ARAI) should develop technology to reduce the charging time for electric vehicles, Union Minister of Heavy Industries Mahendra Nath Pandey said on Saturday. He was speaking at a press conference here after an industry interaction meet organised by the Ministry of Heavy Industries in association [...]
Govt puts on sale MTNL, BSNL assets at base price of Rs 970 cr
New Delhi, Nov 20 (PTI) The government has listed for sale real estate assets of state-run telecom firms MTNL and BSNL at a reserve price of around Rs 970 crore, according to documents uploaded on the DIPAM website. BSNL properties located in Hyderabad, Chandigarh, Bhavnagar and Kolkata have been posted for sale at a reserve [...]
Okuma Corporation Launches New Horizontal Machining Center MA-8000H
OGUCHI, Japan, Nov. 16, 2021 / Kyodo JBN-AsiaNet/ -- Okuma Corporation has developed the new MA-8000H Horizontal Machining Center with a pallet size of 800 x 800 mm. Equipped with extensive power-saving functions and eco-friendly technologies that operate autonomously without human intervention, this new product strongly supports user efforts to decarbonize. (Photo: https://kyodonewsprwire.jp/prwfile/release/M105098/202111113235/_prw_PI1fl_7yyg61Pm.jpg) Okuma would [...]
EPFO net adds 15.41 lakh subscribers in Sept
New Delhi, Nov 20 (PTI) Retirement fund body EPFO net added 15.41 lakh subscribers in September 2021, reflecting a growing trend in net payroll additions post the second wave of the pandemic. "The provisional payroll data of EPFO released today highlights that the EPFO has added around 15.41 lakh net subscribers during the month of [...]
Govt puts on sale MTNL, BSNL assets worth about Rs 970 cr
New Delhi, Nov 20 (PTI) The government has listed for sale real estate assets of state-run telecom firms MTNL and BSNL at a reserve price of around Rs 970 crore, according to documents uploaded on the DIPAM website. BSNL properties located in Hyderabad, Chandigarh, Bhavnagar and Kolkata have been posted for sale at a reserve [...]
Areca, coconut prices
Mangaluru, Nov 20 (PTI): Following are today's areca and coconut prices. Areca (per quintal): Old Supari : Rs 49,000 to Rs 52,000 model Rs 51,500 New Supari : Rs 38,000 to Rs 42,500 model Rs 40,000 Koka : Rs 32,500 to Rs 37,500 model Rs 35,000 Coconut [per thousand]: 1st qlty : Rs 20,000 to [...]
IRB Infra shareholders pass resolution for Rs 5,347 cr-capital inflow
New Delhi, Nov 20 (PTI) IRB Infrastructure Developers on Saturday said that its shareholders have passed a resolution which will enable capital inflow of Rs 5,347 crore into the company. IRB Infrastructure Developers convened an extra ordinary general meeting of its shareholders online on November 20, 2021, the company said in a statement. "...This will [...]
EPFO empowers advisory body FIAC to take call on investment in new instruments like InvITs
New Delhi, Nov 20 (PTI) Retirement fund manager EPFO on Saturday decided to empower its advisory body Finance Investment and Audit Committee (FIAC) to take a call on investing in new asset classes like InvITs. At present, the National Highways Authority of India (NHAI) and Power Grid Corporation (PGCIL) have launched public sector infrastructure investment [...]
Price of vegetables
Bengaluru, Nov 20 (PTI): Following are vegetable rates quoted at Agriculture Produce Marketing Committee (APMC). Rates per quintal: Cauliflower 1,000-4,000; Brinjal 120-6,000; Tomato 400-1,000; Bitter Gourd 1,500-4,165; Bottle Gourd 1,600-4,200; Ash Gourd 800-2,000; Green Chilli 120-7,000; Banana Green 800-3,600; Beans 350-6,000; Green Ginger 600-4,000; Carrot 1,200-8,000; Cabbage 500-5,000; Ladies Finger 180-6,000; Snake Gourd 1,400-3,000; Beetroot [...]
West Elm enters India, launches 2 stores in partnership with Reliance Brands
New Delhi, Nov 20 (PTI) Global design home retailer West Elm has entered the Indian market and has launched two stores here in partnership with Reliance Brands. It has opened its first brick-and-mortar store in India this October 2021 at Jio World Drive, followed by a store at the Ambience Mall in Gurgaon this week, [...]
Zydus Cadila gets USFDA nod to market generic cancer drug in US
New Delhi, Nov 20 (PTI) Drug firm Zydus Cadila on Saturday said it has received approval from the US health regulator to market Decitabine injection, used to treat certain types of cancers, in the American market. The company has received final approval from the US Food and Drug Administration (USFDA) to Decitabine for Injection in [...]
Hon’ble Minister Shri. Hardeep Puri, opens the “Opportunities in Oil & Gas Sector” round table with Mr. Anil Agarwal of VedantaLtd at the Dubai Expo 2020.
Vedanta chairman Mr. Anil Agarwal and Dy CEO of Cairn Oil and Gas Mr. Prachur Sah at the “Opportunities in Oil & Gas Sector” round table with Shri Hardeep Puri, Minister of Petroleum and Natural Gas & Housing and Urban Affairs and Aman Puri counsel general of India Dubai. Dubai, 18th Nov 2021: India’s Minister [...]
USD 15 bn Reliance-Aramco deal off, cos re-evaluate
New Delhi, Nov 20 (PTI) After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd has shelved a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco for an asking of USD 15 billion as the Indian firm focuses on new energy business. "Due [...]
Cotton Council International Celebrates Second Virtual Cotton Day India
Focus on Sustainability and Transparency in the Global Textile Supply Chains Mumbai, Maharashtra, India (NewsVoir) Cotton Council International (CCI), along with the leadership of the U.S. cotton industry, held the second virtual Cotton Day India. This year’s Cotton Day India once again focused on the need for sustainability and transparency in the industry and how [...]
Pakistan lifts ban on TikTok after assurances to control ‘immoral & indecent’ contents
Islamabad, Nov 20 (PTI) Pakistan’s telecom regulator has for the fourth time lifted a ban on TikTok following assurances by the popular Chinese video-sharing platform that it would control "immoral and indecent” contents. The Pakistan Telecommunication Authority (PTA) had banned it in July after complaints that it was uploading and disseminating immoral contents. “PTA has [...]
Pakistan lifts ban on TikTok after assurances to control ‘immoral & indecent’ contents
Islamabad, Nov 20 (PTI) Pakistan’s telecom regulator has lifted a ban on TikTok following assurances by the popular Chinese video-sharing platform that it would control "immoral and indecent” contents. The Pakistan Telecommunication Authority (PTA) had banned it in July after complaints that it was uploading and disseminating immoral contents. “PTA has restored the services of [...]
GKB Opticals Unveils Premium Wedding Collection for This Season
Kolkata, West Bengal, India – Business Wire India GKB Opticals, the leading national optical retail chain with more than 60 years of legacy is all set to unveil a never seen before premium wedding eyewear collection at their Park Mansion, Park Street, Kolkata showroom from 19th Nov – 21st Nov, 2021. The 3-day ‘Wedding Edit’ [...]
Chance encounters in the workplace help build trust – so how do you replicate that online?
Bathurst (Australia), Nov 20 (The Conversation) For many of us it feels like there’s no going back – at least not full-time. We’ve had working from home foisted upon us. We’ve worked through it. We don’t want to give it all up.Yes, there are employers who want everyone back into the office. Google, for example, [...]
QAD Announces Latest Version of QAD Adaptive ERP and Enhancements to the Adaptive Applications Portfolio
- New supplier relationship management and sourcing solutions added to Integrated Supplier Management capabilities MUMBAI, India, Nov. 20, 2021 /PRNewswire/ -- QAD Inc. a leading provider of next-generation manufacturing and supply chain solutions in the cloud, today announced the latest enhancements to QAD Adaptive ERP and the QAD Adaptive Applications portfolio designed to help manufacturers [...]
BMW Group Intercultural Innovation Award Won by Indian NGO – MITTI Social Initiative Foundation
Gurugram, Haryana, India & Dubai, United Arab Emirates– Business Wire India • Over 1,100 organizations from 120 countries applied for prestigious award • US $20,000 financial grant for each selected project and sup-port from UNAOC, Accenture and BMW Group • Festive awards ceremony took place during theme week “Tolerance & Inclusivity” at Expo 2020 The [...]
US FDA Grants Breakthrough Designation for Early-Stage Breast Cancer Detection Blood Test Developed in India by Datar Cancer Genetics
- It is the first blood test able to detect early-stage Breast Cancer with high accuracy in women above the age of 40 years MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- Datar Cancer Genetics, a leading cancer research company today announced that the US Food and Drug Administration (FDA) has granted 'Breakthrough Designation' for its [...]
Kimberly-Clark pledges sanitation support to women at informal workplaces on World Toilet Day
MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- According to The International Labor Organization, four out of five employed women in India are engaged in informal economy as daily-wage labourers, street vendors, garment manufacturers and such. Informal workplaces like factories and construction sites do not provide access to basic clean toilets, thus hampering not just the [...]
Oravax and Genomma Lab Announce JV to Commercialize Oral COVID-19 Vaccine in Mexico and Latin America
Gurugram, Haryana, India – Business Wire India • Premas Biotech is the developer of the technology for the Covid-19 vaccine and a shareholder in Oravax Medical Inc • Millions of people in the region could benefit from the COVID-19 vaccine candidate- faster, easier, without the cold chain: The Oravax Oral Vaccine • The new partnership [...]
DeepSphere.AI Personalizes Complex AI Curriculum Using Cognitive Learning Methodology
Chennai, Tamil Nadu, India (NewsVoir) • Its on-cloud intelligent Learning Management System (iLMS) provides fully personalized study materials, lab projects, and assessments • Offered on a SaaS subscription model, iLMS increases the active participation of students by 100% and boosts their learning potential by 96% DeepSphere.AI, an EdTech company with its presence in Palo Alto, [...]
Elite Landbase Clocks Sales of Rs. 425 Crore during Festival
Gurugram, Haryana, India (NewsVoir) Gurugram’s leading real estate consultant, Elite Landbase announced that it sold approx. 4,50,000 sq. ft. area during the festival season valuing Rs. 425 crores. The previous year turnover was Rs. 290 Crore during the same period as disclosed by the company. Elite Landbase deals in Real Estate Consultation with an elaborate [...]
Maharashtra to Play a Significant Role in India’s Growth Story: Subhash Desai
The state attracted strong investments even during the pandemic, says Minister of Industries, Government of Maharashtra Dubai, United Arab Emirates (NewsVoir) Minister of Industries, Govt. of Maharashtra, Shri Subhash Desai today said that the state’s plans to become a trillion-dollar economy will see it play a bigger role in India’s growth story after attracting strong [...]
We can expect more COVID drugs next year. But we’ve wasted so much time getting here
Adelaide, Nov 20 (The Conversation) Several COVID drugs are in the pipeline for 2022, some you can potentially take at home, others for use in hospital.It’s taken almost two years of the pandemic to get here.However, as we argue in our paper, with more and larger collaborations, and focusing on repurposing the right drugs, we [...]
Reliance reboots Aramco deal; stake sale in O2C business off after new energy forays
New Delhi, Nov 19 (PTI) After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd has shelved a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco for an asking of USD 15 billion, saying its energy portfolio has undergone changes with the foray [...]
Reliance reboots Aramco deal, to re-evaluate structure after new energy forays
New Delhi, Nov 19 (PTI) After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed USD 15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in [...]
Ecolab sees 25 pc growth in India in 2021
New Delhi, Nov 19 (PTI) Water hygiene and infection prevention solutions firm Ecolab on Friday said it has seen 25 per cent revenue growth in India this year, with organisations scaling up their business back to pre-COVID levels and laying emphasis on water conservation. "Our revenue growth post COVID, we have seen very strong growth [...]
Jaishankar meets Singapore PM Lee, top ministers to further strengthen bilateral ties
Singapore, Nov 19 (PTI) External Affairs Minister S Jaishankar called on Singapore Prime Minister Lee Hsien Loong here on Friday and discussed how the two countries can work towards an even stronger partnership in the post-pandemic world.Jaishankar described his three-day visit to Singapore as "productive". During his stay here, Jaishankar met a number of top [...]
Maha govt cuts excise duty on imported scotch by 50 per cent
Mumbai, Nov 19 (PTI) The Maharashtra government has slashed excise duty on imported scotch whiskey by 50 per cent to bring its price on par with that in other states, a senior official said here on Friday.“The excise duty on imported scotch whiskey has been brought down from 300 per cent to 150 per cent [...]
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