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2 Smallcap stocks with capacity expansion plans for FY25
Capacity expansion is a strategic decision that involves increasing the production capability of a business to meet growing demand or capture new opportunities. It can involve investing in new facilities, equipment, technology, or human resources, or optimising existing ones. Businesses pursue capacity expansion to achieve various goals, including increasing sales and market share, enhancing customer [...]
Stocks to Buy: 6 Stocks with potential upside of 50%
The Benchmark Indices concluded Wednesday's trading session positively, with the Sensex rising by 285.9 points, or nearly 0.35 percent, ending the day at 81,741.34. Meanwhile, the Nifty 50 index increased by about 93.8 points, equivalent to a gain of nearly 0.38 percent, and closed in the green at 24,951.15. Over the previous five trading sessions, [...]
Smallcap stock jumps 15% after its net profits increased by 468% in Q1
The shares of the leading plywood manufacturer gained up to 15 percent after the company’s net profit and revenue increased by 468 percent and 36 percent YoY, respectively in Q1FY25. With a market capitalization of Rs 4,390.26 crore, the shares of Greenply Industries Ltd were trading at Rs 354.25 per share, increasing around 9.15 percent [...]
Stock in focus after receiving multiple orders worth ₹ 3.51 Cr from NTPC and SNJ Distillers
The shares of this smallcap company fell around 1 percent despite receiving multiple orders worth Rs. 3.51 crores from NTPC and SNJ Distillers Private Limited. On a YTD basis, the stock has delivered a multibagger return of 125 percent to its shareholders. Price Movement: With a market capitalization of Rs. 3,380 crores, the shares of [...]
Railway stock falls 8% after company’s PAT decreases by 15.1% in Q1
The shares of this freight wagon manufacturing firm fell around 8 percent to an intraday low of Rs 1,548.95 apiece from its previous close after the profit after tax generated by the firm fell by 15.1 percent as of Q1FY25. Share price movement: With the market capitalization of Titagarh Rail Systems Limited, the stocks of [...]
Smallcap stock jumps 5% after ICICI MF bought 10 Lakh shares in the company
This small-cap firm which falls under the sector of trading saw its shares rise by 5 percent to an intraday high of Rs 590 apiece from its previous close after a prominent Domestic institutional investor bought fresh 10,00,000 equity shares in the firm for a price of Rs 554.97 per share. The shares of PDS [...]
Multibagger stock hits 5% upper circuit after it receives MoU to develop 100 MW solar power plant
Multibagger stock engaged in the business of providing manpower, web development, digitalization, and other services hit a 5 percent upper circuit in the day’s trade upon signing an MoU to develop a 100 MW Solar Power Plant. Price Action With a market capitalization of Rs. 378 Crores, the shares of Dynamic Services and Security Limited [...]
Defence stock jumps after it gets 15 years industrial license for uncooled thermal vision devices
In Wednesday’s trading session, the shares of one of India’s leading defence equipment and space technology company surged by 1.4 percent on BSE to Rs. 1,324, after the company received an Industrial license from the Ministry of Commerce & Industry for 15 years. With a market capitalisation of Rs. 5,035 crores, the shares of Paras [...]
PSU stock jumps 5.4% after announcing 77% YoY increase in net profits
In Wednesday’s trading session, the shares of India's largest natural gas company surged by 5.4 percent to hit a new 52-week high at Rs. 246.35, after reporting financial results for Q1 FY24-25 with a rise in the net profit by 28.6 percent QoQ and 77.5 percent YoY. At 01:12 p.m., the shares of GAIL (India) [...]
Infra stock in focus after it receives order worth ₹ 2,500 Cr to construct automobile plant
Infra stock which is one of the leading players in domestic and overseas Markets, for providing EPC Solutions across various sectors in focus upon receiving a work order of upto Rs. 2,500 Crores to construct an automobile manufacturing plant near Bengaluru. Price action With a market capitalization of Rs. 5,22,442 Crores, the shares of Larsen [...]
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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
IndiGrid consortium lowest bidder for Rs 170 cr transmission project
New Delhi, Nov 19 (PTI) A consortium of Infrastructure investment trust IndiGrid’s arms has emerged as the lowest bidder for a power transmission project worth Rs 170 crore in tariff-based bidding."Consortium of IndiGrid 1 Ltd and IndiGrid 2 Ltd (wholly-owned subsidiaries of India Grid Trust) participated in the tariff-based competitive bidding to establish ‘Transmission system [...]
Centre’s taxes on fuel prices continue to be exorbitant; neither fair nor feasible for TN to further cut taxes: Govt
Chennai, Nov 19 (PTI): The Tamil Nadu government on Friday ruled out a further reduction in taxes in prices of petrol and diesel and suggested that the Centre reduce the 'exorbitant' levy on them to that prevailing in 2014 to improve the situation as all states follow ad-valorem taxation. "The simple and fair approach by [...]
Franklin Templeton MF unitholders to get Rs 1,115 cr in 7th tranche
New Delhi, Nov 19 (PTI) SBI Funds Management (SBI MF) will distribute from Monday the seventh tranche of a little over Rs 1,115 crore to unitholders of the Franklin Templeton Mutual Fund's six shuttered schemes. After the payout, the total disbursement will reach Rs 25,114 crore, amounting to 99.6 per cent of assets under management [...]
Need to review PLI scheme for electronic components, IT hardware to make it more attractive: MoS IT
New Delhi, Nov 19 (PTI) The government is likely to review the production linked incentive (PLI) scheme for electronic components and IT hardware to make it more attractive, Minister of State for Electronics and IT Rajeev Chandrasekhar said Friday. He also said there is a tremendous window of opportunity for India in the semiconductor ecosystem [...]
Laurus Labs signs pact to acquire 26.62 % stake in ImmunoACT
Hyderabad, Nov. 19 (PTI): Laurus Labs on Friday said it has signed an investment agreement with Immunoadoptive Cell Therapy Private Limited (ImmunoACT), an advanced cell and gene therapy company, to acquire 26.62 per cent stake on fully diluted basis for about Rs 46 crore. A press release from the city-based drug maker said additionally, senior [...]
Audit bureaus to probe economic offences, company frauds formed: TN CM
Chennai, Nov 19 (PTI): Tamil Nadu has formed audit bureaus to probe into economic offences and company frauds, Chief Minister M K Stalin said on Friday. Stalin, addressing chartered accountants, assured them that the government was ready to implement the recommendations made by them and that would lead to inclusive growth and enhance the financial [...]
Jaishankar meets Singapore PM Lee and top ministers to enhance 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, who is here on a three-day visit, has met a number of top ministers and exchanged views with [...]
JetSynthesys partners with Sonu Nigam to launch NFT series
New Delhi, Nov 19 (PTI) Digital entertainment and technology company JetSynthesys on Friday said it has partnered with singer Sonu Nigam to launch the Indian music industry's first-ever NFT series.The series was launched in London to appeal to the thriving diaspora looking to stay connected to their roots, featuring the popular music icon's journey and [...]
Meesho introduces annual ESOP programme
New Delhi, Nov 19 (PTI) Digital commerce platform Meesho on Friday said it has introduced an annual 'MeeSOP' programme, wherein every full-time employee will be able to convert upto 25 per cent of their annual CTC into ESOPs (Employee Stock Ownership Plan). Under the programme, every full-time employee - irrespective of their tenure in the [...]
Meghalaya govt partners with WFP to strengthen public distribution system, improve food security
Shillong, Nov 19 (PTI) In a first in the northeast region, the Meghalaya government has signed an MoU with the United Nations World Food Programme to streamline and strengthen the public distribution system in the state, an official said. The partnership will help the WFP authorities and the state government work together towards Sustainable Development [...]
Tomar welcomes decision to repeal farm laws; regrets not being able to convince some farmer groups
New Delhi, Nov 19 (PTI) Agriculture Minister Narendra Singh Tomar on Friday welcomed Prime Minister Narendra Modi's decision to repeal the three farm laws but expressed regret that the government was unsuccessful in convincing some farmer groups about the benefits of the laws. Noting that the latest decision is much appreciated, Tomar said it is [...]
Amazon India inks collaborations to empower women entrepreneurs
New Delhi, Nov 19 (PTI) Amazon India on Friday said it has joined hands with four organisations as part of its Amazon Saheli programme to accelerate the growth of women entrepreneurs across the country.These organisations include Jharkhand State Livelihood Promotion Society (JSLPS), Uttar Pradesh State Rural Livelihood Mission (UPSRLM), Chhattisgarh State Forest Department (CG Forest) [...]
Unsure if power to control essential items will return to state after repeal of farm laws: Official
Kolkata, Nov 19 (PTI) The West Bengal government is not sure about getting back earlier power to control prices of essential commodities such as onion, potato, oilseeds, cereals and pulses after the withdrawal of the three farm laws, a senior official said on Friday.The Essential Commodities Act, 1955 used to empower states to impose stock [...]
BULLION-PRICES-CLOSING
Bengaluru, Nov 19 (PTI) Closing bullion rates on Friday Standard gold : (99.5 purity) Rs 50,820 per 10 grams Ornament gold : Rs 4,740 per gram Silverspot : (.999 fineness) Rs 67,800 per kg. PTI DVR APR APR
ARECA-COCONUT-PRICES
Mangaluru, Nov 19 (PTI) Following are today's Areca and Coconut prices. Areca (per QTL) Old Supari : Rs 49000 to Rs 52000 model Rs 51500 New Supari : Rs 38000 to Rs 42500 model Rs 40000 Koka : Rs 32500 to Rs 37500 model Rs 35000 Coconut [per thousand]: 1st qlty : Rs 20000 to [...]
Don’t be adamant, return home: Mos Agri to farmers deciding to continue protest over MSP
New Delhi, Nov 19 (PTI) With farmers deciding to continue their protest till there is a legal guarantee for MSP, Minister of State for Agriculture Kailash Choudhary on Friday urged them to return home and not be adamant as the Centre has met their demand of repealing three farm laws. Speaking to PTI, Choudhary said [...]
Govt to form committee to make MSP system effective, promote natural farming: PM
New Delhi, Nov 19 (PTI) Prime Minister Narendra Modi on Friday said that a committee will be formed to make Minimum Support Price (MSP) system more effective and transparent as well as suggest ways to promote zero budgeting based-agriculture. The committee will have representatives of the central government, state governments, farmers, agricultural scientists, and agricultural [...]
Chitkara University Himachal Pradesh Unveils its Entrepreneurship Cell ‘JAZBA’
'JAZBA' is the official Entrepreneurship Cell of Chitkara University, Himachal Pradesh with a strong focus on entrepreneurship development, startups-building amongst students from all streams of the University Chandigarh, India (NewsVoir) Giving a boost to entrepreneurship development, Chitkara University, Himachal Pradesh, organised a power packed inaugural session and unveiled its Entrepreneurship Cell (E-Cell) ‘JAZBA’. Jazba has [...]
Founder of ‘Bakshi Group’ Gives Rs. 10 Crores to IIT-Delhi
Delhi, India (NewsVoir) Amarjit Bakshi, Founder, Chairman & Managing Director of The Bakshi Group of Companies, and an alumnus of IIT Delhi, handed over another cheque of Rs. 1 crore to IIT-Delhi for the institute's Endowment fund. IIT Delhi established its Endowment Fund after Mr. Amarjit Bakshi contributed his initial payment of Rs. 1 crore [...]
Muscle & Strength India eyes to open 100 stores by next year, looks at global expansion
New Delhi, Nov 19 (PTI) Muscle & Strength India, a leading retailer of fitness supplements and nutritional products, is aiming to expand its business in India and also to enter overseas markets as it sees the demand for the nutritional supplement space rising amid the COVID-19 pandemic. The company plans to raise around Rs 50 [...]
Manipal Hospitals looks for more inorganic growth opportunities
Kolkata, Nov 19 (PTI) Manipal Hospitals, which has recently pumped in around Rs 2,450 crore for inorganic growth, is open for "more acquisitions" and is in the process of adding 700-800 beds through its ongoing expansion projects, a company official said on Friday. The group has concluded the takeover of 11 Colombia Asia Hospitals in [...]
Bhuvan Bam, Prajakta Koli, Adah Sharma, MJ5 and others join the ‘Ching’s Schezwan Chutney Chatora Challenge’ campaign by Ching’s Secret
MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- Capital Foods, one of the leading companies for innovative food products in India has come up with yet another out of the box social media campaign called 'Ching's Schezwan Chutney Chatora Challenge', the winner of which stands a chance to win an all-expenses-paid trip to NASA, USA along [...]
IBM bets big on India, to open more software development centres
New Delhi, Nov 19 (PTI) US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its Chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna [...]
ABB Power Products rebrands itself as Hitachi Energy India
New Delhi, Nov 19 (PTI) ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Energy India Ltd. "Following the recent rebranding of its parent company to Hitachi Energy, its operations in India today announced their evolution to ‘Hitachi Energy India Limited', reaffirming their commitment to accelerating the clean energy transition in [...]
Scindia urges states, UTs to cut tax on jet fuel
New Delhi, Nov 19 (PTI) Appealing again, Civil Aviation Minister Jyotiraditya Scindia on Friday urged states and Union Territories to reduce the tax on jet fuel as it will help in increasing air traffic.The civil aviation sector, which was significantly hit by the coronavirus pandemic that had also resulted in the suspension of scheduled domestic [...]
15 states have rolled out BH-series so far for seamless transfer of vehicles across India: Road secy
New Delhi, Nov 19 (PTI) To ensure seamless transfer of personal vehicles across India, 15 states and UTs have so far rolled out the new Bharat Series (BH-series) for registration of personal vehicles, Union Road Secretary Giridhar Aramane said on Friday. The government in August had notified a new vehicle registration regime that will free [...]
PM to inaugurate ‘InFinity Forum’ on fintech on Dec 3
New Delhi, Nov 19 (PTI) Prime Minister Narendra Modi will on December 3 inaugurate the 'InFinity Forum' on fintech, which among other things will discuss and come up with actionable insights into how technology can be leveraged by the fintech industry for inclusive growth. The event is being hosted by the International Financial Services Centres [...]
Sitharaman to visit IFSC-GIFT City on Saturday
New Delhi, Nov 19 (PTI) Finance Minister Nirmala Sitharaman will on Saturday visit India's maiden International Financial Services Centre (IFSC) at GIFT City and interact with stakeholders.The discussions will focus on the role of GIFT-IFSC as a gateway to global financial services for Indian corporates within India, attracting global financial business to India and growth [...]
The Latest Collection by Platinum Days of Love is an Ode to A Love that Promises to Remember all that it is Grateful for
Mumbai, Maharashtra, India (NewsVoir) Over the last few years, we have realized of how fragile life is, making us value what we have, and cherish the relationships that we hold closest. When everything stood still, couples stood right by each other. They forged new pathways for each other when challenges took over and their dreams [...]
Sundaram gets Sebi nod for its acquisition of Principal AMC in India
Mumbai, Nov 19 (PTI) Sundaram Asset Management Company on Friday said it has received Sebi nod to acquire Principal Asset Management Company in India.The fully-owned subsidiary of Sundaram Finance will acquire the schemes managed by Principal India and 100 per cent of the share capital of Principal Asset Management Pvt. Ltd., Principal Trustee Company Pvt. [...]
Laurus Labs to acquire minority stake in ImmunoACT
New Delhi, Nov 19 (PTI) Drug firm Laurus Labs on Friday said it has inked a pact to acquire 26.62 per cent stake in Immunoadoptive Cell Therapy (ImmunoACT), an advanced cell and gene therapy company, for cash consideration of around Rs 46 crore. Additionally, senior management of Laurus Labs would invest in the Mumbai-based ImmunoACT [...]
10club acquires 3 e-commerce firms operating in lawn and garden segment
New Delhi, Nov 19 (PTI) E-commerce roll up firm 10club on Friday said that it has acquired three e-commerce firms operating in the lawn and garden segment for an undisclosed amount. The firms that have been acquired are Kraftseeds, Gate Garden and Kriti Kalash. With these acquisitions, 10club expects to achieve an annual revenue run [...]
Tomar welcomes decision to repeal farm laws, regret not able to convince some farmer groups
New Delhi, Nov 19 (PTI) Agriculture Minister Narendra Singh Tomar on Friday welcomed the Prime Minister's decision to repeal the three farm laws but expressed regret that the government was unsuccessful in convincing some farmers group about the benefits of these laws. Tomar, in a video message, said that the government wanted to remove hurdles [...]
National digital drugs databank will help address ‘information asymmetry’ in pharma space: CCI study
New Delhi, Nov 19 (PTI) A national digital drugs databank will help in addressing "information asymmetry" as well as provide key inputs in mapping the regulatory needs of different states, according to a pharmaceutical sector study conducted by the Competition Commission of India. The fair trade watchdog, which works on ways to foster competition and [...]
Delhi HC temporarily restrains oral care seller from using Britannia Good Day mark
New Delhi, Nov 19 (PTI) The Delhi High Court has temporarily restrained an oral care seller from manufacturing, selling, or advertising in any manner goods bearing the “Good Day” mark, saying that it was acknowledged to be a well-known trademark of Britannia Industries Ltd.Justice Sanjeev Narula stated that if an injunction is not granted at this [...]
Allu Sneha Reddy Hits Highest Following Among Star Wives
Hyderabad, Telangana, India (NewsVoir) Allu Sneha Reddy, the stylish wife of superstar Allu Arjun, passed a new milestone on Instagram, yesterday reaching a whopping, 6 million followers in a very short time of being online! This is especially notable because Sneha started posting on social media only quite recently and yet her number of followers [...]
Govt’s decision to repeal farm laws will strengthen atmosphere of mutual harmony in society: Goyal
New Delhi, Nov 19 (PTI) Union Minister Piyush Goyal on Friday welcomed the decision to repeal three farm laws and said it will strengthen the "atmosphere of mutual harmony" in the society. In a tweet, the food and consumer affairs minister said, "The PM's announcement regarding the farm laws is a welcome step." The announcement [...]
Kerala got Rs 3,600 cr investment commitments in 6 mths; focus on ease of doing biz realistically: Min P Rajeev
New Delhi, Nov 19 (PTI) Asserting that the state has a good atmosphere for investments, Kerala Industries Minister P Rajeev on Friday said the state has received investment commitments worth over Rs 3,600 crore in the last six months and the focus is on having ease of doing business in a realistic manner.As the Left [...]
Mindhouse raises USD 6 mn funding from Binny Bansal, General Catalyst and others
New Delhi, Nov 19 (PTI) Curative wellness platform Mindhouse on Friday said it has raised USD 6 million (about Rs 44.5 crore), led by Flipkart co-founder Binny Bansal. Other investors include General Catalyst, Better Capital, Kwaish Capital, Anicut, and Mindhouse founders — Pooja Khanna and Pankaj Chaddah, according to a statement. Angel investors participating in [...]
Jaishankar meets Singapore’s finance, health ministers; discusses bilateral ties, health security cooperation
Singapore, Nov 19 (PTI) External Affairs Minister S Jaishankar on Friday met Singapore’s finance and health ministers and exchanged views with them on the growth prospects of bilateral ties and health security cooperation with the city-state. Jaishankar, who arrived here on Wednesday for a three-day visit, said that he was glad to meet Singapore’s Minister [...]
Route Mobile Ltd raises Rs 867 crore via QIP
New Delhi, Nov 19 (PTI) Route Mobile Ltd, a Communication Platform as a Service (CPaaS) provider, said it has raised Rs 867.49 crore via Qualified Institutional Placement (QIP). The QIP saw interest from a mix of international and domestic investors and several existing and new shareholders participated in the QIP, a statement said. Some of [...]
PHDCCI welcomes govt decision to repeal farm laws, hails panel to address farmers’ issues
New Delhi, Nov 19 (PTI) Welcoming the government's announcement to repeal the three contentious agri laws, industry body PHDCCI on Friday said the decision to form a committee to address the farm issues will go a long way in identifying the actual pain points of farmers and help the Centre frame policies to enhance their [...]
EDII gets ‘Centre of Excellence’ status from Skill Development Ministry
New Delhi, Nov 19 (PTI) Entrepreneurship Development Institute of India (EDII) on Friday said it has received the 'Centre of Excellence' status from the Ministry of Skill Development and Entrepreneurship. The Ahmedabad-based Institute also informed it has set up the Rwanda-India Entrepreneurship Development Centre in Kigali, Rwanda, which was inaugurated on November 15 under an [...]
COMMODITIES-PRICES
Bengaluru, Nov 19 (PTI) Following are Friday's commodities prices (All rates in Rs/quintal): Rice Fine 4000-5100: Medium 4200-5600: Jowar 2000-2600: Jaggery cube 4200-4300: Jaggery ball 4800-5000: Coriander Seed 12000-15000: Chilies fine 26000-28000: Potato Big 2200-2500: Medium 1600-2000: Onion Big 2200-2800: Medium 1600-2200: Small 1000-1600: Tamarind 9000-10000: Garlic 4000-7500: Horsegram 3500-4000: Wheat 2800-3200 Turmeric 8000-14000: Toor [...]
VEGETABLE-PRICES
Bengaluru, Nov 19 (PTI) Following are Friday's Vegetable rates quoted at Agriculture Produce Marketing Committee (APMC), Rates per Quintal. Cauliflower 1000-4300, Brinjal 150-5000, Tomato 400-7606, Bitter Gourd 1500-4165, Bottle Gourd 1700-4000, Ash Gourd 800-1800, Green Chilly 120-4200, Banana green 800-3600, Beans 350-5300, Green Ginger 600-4000, Carrot 1000-6500, Cabbage 400-5000, Ladies Finger 180-5700, Snake gourd 1400-2800, [...]
Avtar Announces Winners of Excellence in CSR & Male Ally Legacy Awards 2021 as part of its flagship DEI conference
• Deloitte in India emerged the title winner for empowering over 10 lakh girls with education through the initiative called WorldClass that improves educational outcomes and creates opportunities. • Vibhash Naik, Chief Human Resource, HDFC Life Insurance Company Limited, won the Male Ally Legacy Award for championing women's advancement in the organization. CHENNAI, India, Nov. [...]
Manav Guru’s Guidance for Cancer
Mumbai, Maharashtra, India: Business Wire India Popularly known as “Manav Guru” by millions of his followers around the world, Shri Chandrashekhar Guruji is the founder of CG Parivar, a global organization. By using his divine knowledge based on scientific analysis and a special self-immunotherapy Manav Guru is vouching to treat people who are suffering from [...]
Country’s First Taluka Level Liver Transplant Conducted in Sahyadri Hospital Karad
• Taluka level transplant center will add convenience to patients from rural areas • Sahyadri Hospital Karad starts organ transplant center PUNE, India, Nov. 19, 2021 /PRNewswire/ -- Sahyadri Super Speciality Hospital recently started an organ transplant center at Karad. The taluka level organ transplant center will bring much relief to the patients of Sangli, [...]
Parsvnath Developers partners Unity group to build mall in West Delhi; eyes Rs 100cr annual rent
New Delhi, Nov 19 (PTI) Realty firm Parsvnath Developers has tied up with Unity Buildwell to develop a 4 lakh square feet luxury retail mall in West Delhi and both partners expect rental income of at least Rs 100 crore annually from this project. The construction of the shopping mall has started and is expected [...]
Indian geospatial industry will get a massive boost as Genesys adds global leaders to their Advisory Board
November 19: Genesys International Corporation Limited, a pioneer in providing advance mapping, survey and geospatial services, has taken a step towards strengthening their strategic business and technical capabilities. Recently, the company appointed globally recognized & respected key experts on their advisory board. The two new advisory board members joining Genesys are Paul Smith, an internationally [...]
Business Leaders Must Prepare for a ‘Never Normal’ Due to Covid 19: Dr.Dhirendra Pal Singh, Chairman, University Grants Commission
November 19, 2021 Sonipat: “Business and leaders today are preparing for ‘never normal’, a new age which will be characterised by rapidly evolving cultural, social values and attitudes such as increased demand for good corporate governance and enhanced brand intent,” said Dr. Dhirendra Pal Singh, Chairman, University Grants Commission (UGC, India. Dr Singh was giving [...]
RATAN-TATA BACKED BOMBAY HEMP COMPANY (BOHECO) RAISES LARGEST REPORTED INVESTMENT IN THE HEMP INDUSTRY IN INDIA
Bombay Hemp Company Pvt. Ltd. (BOHECO) has taken a major stride in solidifying its position as India’s premium supplier of full-spectrum Hemp Leaf extract and other Industrial Hemp Products. The Company has completed a strategic round of fundraising that will build upon its ‘first-mover advantage’ as the provider of holistic wellness products empowered by Ayurveda. [...]
Flipkart to acquire majority stake in SastaSundar.com
New Delhi, Nov 19 (PTI) Walmart-owned Flipkart on Friday said it will acquire majority stake in Kolkata-based Sastasundar Marketplace that owns and operates online pharmacy and digital healthcare platform, SastaSundar.com. While the deal size was not disclosed, Flipkart said it is foraying into the healthcare sector through the launch of Flipkart Health+. "As part of [...]
PayU Finance continues to bolster senior leadership team, elevates Bhavik Kaul as Chief Product Officer
Bhavik Kaul will lead PayU Finance's overall product strategy, including product management, design and growth with an aim to achieve $1.5 billion in credit disbursals in the next five years MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- PayU Finance, which owns LazyPay, India's preferred Buy Now Pay Later solution and PaySense, a full stack personal [...]
Magnanimous on part of PM to withdraw 3 farm laws; agri sector needs reform: Edible oil industry
New Delhi, Nov 19 (PTI) Edible oil industry body Solvent Extractors' Association of India on Friday said it was "really magnanimous" on part of the Prime Minister to announce repeal of the three farm laws but said that reforms were necessary for Indian agriculture sector to become competitive and improve farmers income.The association hoped that [...]
TUTRRD launches an app to bridge the gap between after school tuitions and virtual education
India's only edtech with its focus on one-on-one learning for K-12 MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- TUTRRD, an online learning and teaching platform for K-12 that focuses on one on one interactive learning as launched their an app to bridge the gap between after school tuitions and virtual education. The platform aims at [...]
Repeal of farm laws won’t end farm agitation, won’t help BJP politically: SC-appointed panel member
New Delhi, Nov 19 (PTI) The government's decision to repeal three central farm laws is "very unfortunate" as this "political move" will not end the farmers' agitation and will not help the BJP in the upcoming assembly polls in Uttar Pradesh and Punjab, a key member of the Supreme Court-appointed panel on the contentious agri-laws [...]
Ani Gopinath takes charge as Global CEO of Testhouse Group
Thiruvananthapuram, Nov 19 (PTI): Testhouse, a leading software testing and quality assurance firm based in Technopark, has announced Ani Gopinath as its new Chief Executive Officer. He has previously served as the Global Chief Operating Officer for the company. Ani Gopinath has played a crucial role within Testhouse since its inception, a company statement said [...]
ProperT Online – Buy Real Estate Shares at a Click
India’s first real estate investments platform that aims to revolutionise the sector with Blockchain, Smart-contract and Virtual Reality New Delhi, Delhi, India – Business Wire India Due to the Covid-19 pandemic and short-term disruptions, the real estate industry may have been hit hard, but its speedy recovery shows great signs of resilience. According to a [...]
Lashkaraa.com expands its reach for NRI shoppers who struggle searching for their dream Indian wedding wear outfits
MUMBAI, India, Nov. 19, 2021 /PRNewswire/ -- Search for the perfect Indian outfit is over for any NRI bride or bridesmaid based out of the US, Canada, UK, or the Middle East.Lashkaraa.com promises to satiate needs of the whole family for Wedding wear and Festive shopping. Whether it is the to-be married couple, children, parents, [...]
TVS Next Announces Strategic Partnership with Digitate
- TVS Next continues to accelerate technology modernization outcomes for clients by leveraging artificial intelligence CHENNAI, India, Nov. 19, 2021 /PRNewswire/ -- Furthering its dedication to being a leading provider of services to deliver technology modernization outcomes to clients, TVS Next is excited to announce today that we have entered a strategic partnership with Digitate [...]
India, with less than $2k per capita income, showed it’s possible to transform public health: Jaishankar
Singapore, Nov 19 (PTI) External Affairs Minister S Jaishankar on Friday said India has shown by a combination of digital tools and greater production capacity that it is possible for a country which has a per capita income of less than USD 2,000 to actually reach out in a very massive way in public health [...]
ABB India Flags off Energy Efficiency Movement, Launches Industry First IE5 Motors in the Country, Which Can Save up to 40 Percent in Energy Consumption
ABB India's 10 years of motors and drives installed base saved nearly 12 terra-watt hours of electricity, equivalent to 1% of India’s annual energy consumption Bangalore, Karnataka, India – Business Wire India • ABB’s #energyefficiencymovement is a multi-stakeholder initiative to raise awareness and initiate action to reduce energy consumption and carbon emissions to combat climate [...]
Abhijit Banerjee flags methodology used for Global Hunger Index rankings
New Delhi, Nov 18 (PTI) India should not take the drop in its Global Hunger Index ranking "seriously" as the methodology used for the exercise is 'model-based' and not survey-based, renowned economist and Nobel laureate Abhijit Vinayak Banerjee said on Thursday. Addressing virtually an event organised by industry [...]
Linking of WTO reforms by developed countries with S&DT unfair: Goyal
New Delhi, Nov 18 (PTI) Developed countries linking World Trade Organisation reforms with special and differential treatment (S&DT), being provided to poor and developing nations, is "unfair" and the trade body needs to reassess the way it has been conducting its affairs, Commerce and Industry Minister Piyush Goyal said on Thursday. He also said that [...]
TVS Supply Chain Solutions picks up 69.1 pc controlling stake in FIT 3PL Warehousing
Mumbai, Nov 18 (PTI) TVS Supply Chain Solutions (TVS SCS) on Thursday said it has picked up 69.1 per cent controlling stake in Bengaluru-based end-to-end contract logistics services provider, FIT 3PL Warehousing Pvt Ltd (FIT 3PL). The stake in FIT 3PL has been acquired from FIT Consulting and Services Private Limited. This transaction will strengthen [...]
Kerala flags concerns about states’ ease of doing biz rankings
New Delhi, Nov 18 (PTI) Kerala government has raised concerns about the process followed for the latest ease of doing business ranking of states. The issue was raised by Kerala Industries Minister P Rajeev during his meeting with Union Commerce and Industry Minister Piyush Goyal in the national capital. Addressing reporters here on Thursday, Rajeev [...]
Scindia says ‘evaluating process’ on normalising overseas flight operations
New Delhi, Nov 18 (PTI) Civil aviation minister Jyotiraditya Scindia on Thursday said the government is evaluating the process for normalising international operations and asserted that it wants to return to normalcy while keeping in mind the coronavirus pandemic situation in certain parts of the world. In a possible indication that overseas flight operations are [...]
Recent reforms will lay foundation of higher growth: CEA
New Delhi, Nov 18 (PTI) Chief Economic Advisor (CEA) Krishnamurthy Subramanian on Thursday said the recent reforms initiated by the government will lay the foundation of higher growth. Speaking at the CII Global Economic Policy Summit 2021, he said the production-linked incentive (PLI) scheme being implemented by the government is directed towards growth. He added [...]
HCL, others keen to invest Rs 5,000 crore in Karnataka: Minister
Bengaluru, Nov 18 (PTI): Prominent tech companies such as HCL have come forward to invest over Rs 5,000 crore in Karnataka, a State Minister said on Thursday. Addressing reporters at the Bengaluru Tech Summit 2021, the Minister for IT-BT and Higher Education Dr C N Ashwath Narayan said HCL, Applied Material, Rakon, and Chint have [...]
Hindalco Industries arm completes acquisition of Ryker Base’s 5.2 cr shares for Rs 167 cr
New Delhi, Nov 18 (PTI) Hindalco Industries on Thursday said its arm Renuka Investments and Finance has completed the acquisition of 5.2 crore shares of Ryker Base for a consideration of Rs 167.54 crore. However, this is subject to the adjustment of the final purchase price in accordance with the sale and purchase agreement (SPA), [...]
Linking of WTO reforms by developed countries with S&DT unfair: Goyal
New Delhi, Nov 18 (PTI) Developed countries linking World Trade Organisation reforms with special and differential treatment (S&DT), being provided to poor and developing nations, is "unfair" and the trade body needs to reassess the way it has been conducting its affairs, Commerce and Industry Minister Piyush Goyal said on Thursday. He also said that [...]
Business briefs 2
Antler India announces fellowship program with USD 20K equity-free grants for student entrepreneurs New Delhi, Nov 18 (PTI) Antler India has launched Antler India Fellowship, a 16-week programme along with a USD 20,000 grant, designed to enable students to turn their start-up ideas into a business. "We spoke to hundreds of college students in the [...]
COMMODITY PRICES
Mumbai, Nov 18 (PTI) METAL:IN RS.PER KG INCLUSIVE OF GST. COPPER :- COPPER CABEL SCRAP 712.00 COPPER HEAVY SCRAPS 704.00 COPPER ARMATURE (CREDIT) 686.00 COPPER UTENSILS SCRAP 631.00 CC ROD 748.00 BRASS :- BRASS SHEET CUTTING 534.00 BRASS UTENSIL SCRAP 475.00 BRASS HONEY 480.00 ALUMINIUM :- ALUMINIUM UTENSIL SCARPS 176.00 ALUMINIUM EXTRUSION SCRAP 200.00 ALUMINIUM [...]
OILSEEDS PRICES
Mumbai, Nov 18 (PTI) OILS (per 10 Kgs) G.Nut Raw 1370.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1205.00 Sunflower Exp.Ref. 1295.00 Cottonseed(Refined) 1280.00 Refined Palm Oil 1196.00 Soyabean Ref. 1248.00 Imp.Soyabean Crude - Rapeseed Ref. 1720.00 Rapeseed Exp. 1690.00 Copra white 1670.00 Rice Bran 4-7% FFA - Rice Bran 1200.00 Linseed 1710.00 Castor [...]
Aviation sector to grow further; traffic almost nearing pre-COVID level: Officials
New Delhi, Nov 18 (PTI) The country's civil aviation sector has almost reached the pre-COVID level in terms of traffic and will continue to grow further, officials said on Thursday. They were speaking at the curtain raiser event here for Wings India 2022, a key event which is to be held from March 24 to [...]
Domestic air passenger volume spikes 70.5 pc to 89.85 lakh in Oct
Mumbai, Nov 18 (PTI) Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remained shut for [...]
Manipal Hospitals completes rebranding of Colombia Asia
Kolkata, Nov 18 (PTI) Ranjan Pai-led Manipal Hospitals which forayed into West Bengal with acquisition of Colombia Asia Hospitals India business at Rs 2,200 crore cash deal in April, on Thursday announced completion of the rebranding exercise of the acquired facilities. All the 11 hospitals of Colombia Hospitals are now rebranded as Manipal Hospitals, including [...]
Escorts shares jump nearly 11 pc after deal with Kubota Corporation
New Delhi, Nov 18 (PTI) Shares of Escorts Ltd on Thursday jumped nearly 11 per cent after the farm machinery major and Kubota Corporation announced a deal under which the Japanese partner will acquire an additional 5.9 per cent stake in the Indian firm for Rs 1,872.74 crore.The stock zoomed 10.60 per cent to at [...]
Domestic air passenger volume spikes 70.5 pc to 89.85 lakh in Oct
Mumbai, Nov 18 (PTI) Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remains shut for [...]
Kubota Corp eyes majority shareholding in Escorts, picks up additional 5.9 pc stake for Rs 1,873 cr
New Delhi, Nov 18 (PTI) Farm machinery major Escorts Ltd and Kubota Corporation on Thursday announced a deal under which the Japanese partner will acquire an additional 5.9 per cent stake the Indian firm for Rs 1,872.74 crore, paving the way for the latter to become a majority stake holder for which it could invest [...]
Court must be alive to the contemporary reality of ‘ambush Public Interest Litigation’: SC
New Delhi, Nov 18 (PTI) The Supreme Court on Thursday said this Court must be alive to the contemporary reality of “ambush Public Interest Litigations” that are filed with a conscious intention to obtain a dismissal and preclude genuine litigants from approaching the Court. The top court said that while determining the applicability of the [...]
Start-ups ready for scrutiny, tiger-ride should go public, say industry experts
Bengaluru, Nov 18 (PTI): Industry honchos on Thursday said entrepreneurs and start-ups should be ready to ride a tiger and also be under the constant quarterly radar if they want to raise money from the capital market. Participating in a session ‘IPO opportunity and Challenges for Startups’ at the Bengaluru Tech Summit 2021, Manish Agarwal, [...]
MeitY secretary asks electronics firms to work as team to resolve supply chain woes
New Delhi, Nov 18 (PTI) Indian electronics companies should come together with major suppliers of components in the country to curb the crisis that they are facing in the supply chain, a senior government official said on Thursday. Several technology companies, including electronics, mobile devices and automobiles, could not meet their production target due to [...]
SC lists irregularities in Centre’s HZL’s stake sale in 2002, says prima facie case made out
New Delhi, Nov 18 (PTI) The Supreme Court on Thursday said that reports and recommendations of CBI officials and prosecutors on the disinvestment of Hindustan Zinc Ltd in 2002 evince a "prima facie case for registration of a regular case" by the probe agency which will conduct a "full-fledged" investigation. It said that some details [...]
EESL to partner energy service firms to scale up Building Energy Efficiency Programme
New Delhi, Nov 18 (PTI) State-run EESL on Thursday said it will partner private sector energy service companies to scale up its Building Energy Efficiency Programme (BEEP). In a statement, Energy Efficiency Services Limited (EESL) said "it is developing business models for collaborating with private sector Energy Service Companies (ESCOs) and [...]
India exported over 65 million doses of Covid vaccines to nearly 100 countries this year: PM
New Delhi, Nov 18 (PTI) India exported more than 65 million doses of Covid vaccines to nearly 100 countries this year, Prime Minister Narendra Modi said on Thursday, asserting that the global trust earned by the Indian healthcare sector has led to the country being called the "pharmacy of the world". Speaking after inaugurating the [...]
Over 74pc respondents see rise in housing demand: Deloitte India
New Delhi, Nov 18 (PTI) Over 74 per cent respondents expect an increase in housing demand, a survey by consultancy and professional services firm Deloitte india said on Thursday.The sample size of the survey was 50 CXOs across Industries in India."According to our survey, 74 per cent respondents expected an increase in demand for the [...]
Testing feature to add music to feed posts in India, Brazil and Turkey: Instagram
New Delhi, Nov 18 (PTI) Instagram on Thursday said India is among the first three countries where it is testing a new feature that will allow users to add music to their feed posts. India is among the three countries where this will be tested first, the other two being Brazil and Turkey, according to [...]
Kerala flags concerns about states’ ease of doing biz rankings
New Delhi, Nov 18 (PTI) Kerala government has raised concerns about the process followed for the latest ease of doing business ranking of states. The issue was raised by Kerala Industries Minister P Rajeev during his meeting with Union Commerce and Industry Minister Piyush Goyal in the national capital. Addressing reporters here on Thursday, Rajeev [...]
New model pact to create keen interest in Rs 14,600 cr PPP ports projects, says Sonowal
New Delhi, Nov 18 (PTI) Union minister Sarbananda Sonowal on Thursday announced the revised model concession agreement 2021 for public private partnership projects at major ports and said that 31 projects of over Rs 14,600 crore will be awarded till 2024-25. According to the Ports, Shipping & Waterways ministry statement, at the moment, there are [...]
SC orders CBI probe into Centre’s HZL disinvestment in 2002, clears sale of residual stake
New Delhi, Nov 18 (PTI) Two decades after the first NDA government, led by then Prime Minister Atal Bihari Vajpayee, decided to divest stake in Hindustan Zinc Ltd (HZL) to a strategic partner - SOVL, the Supreme Court Thursday ordered the CBI to register a case into the various alleged irregularities.On perusal of reports and [...]
Development work of 6-lane access-controlled highway from Spur to Haridwar sanctioned: Gadkari
New Delhi, Nov 18 (PTI) Union Minister Nitin Gadkari on Thursday said the development work of the six-lane access-controlled highway from Spur to Haridwar through the Delhi-Saharanpur-Dehradun Economic Corridor has been sanctioned under the hybrid annuity mode in Uttar Pradesh and Uttarakhand, with a budget of Rs 2,095.21 crore. In a series of tweets, the [...]
Paytm shares make weak debut; tumble over 27 pc
New Delhi, Nov 18 (PTI) Shares of One97 Communications Ltd, Paytm's parent company, on Thursday made a weak market debut and tumbled over 27 per cent from the issue price of Rs 2,150. The stock is listed at Rs 1,955, tumbling 9 per cent from the issue price on the BSE. During the day, it [...]
Bullion rates
Bengaluru, Nov 18 (PTI): Closing bullion rates on Thursday. Standard gold [99.5 purity]: Rs 50,800 per 10 gram Ornamental gold: Rs 4,738 per gram Silverspot [.999 fineness]: Rs 68,400 per kg. PTI DVR NVG NVG
Goyal cautions cotton traders to refrain from hoarding, price manipulation
New Delhi, Nov 18 (PTI) Union Minister Piyush Goyal on Thursday cautioned cotton bale traders to refrain from manipulation of prices or resort to hoarding to make unfair profits. Addressing textile industry players in a meeting, he also told them to "resolve cotton pricing issue in the spirit of collaboration rather than competition". The Minister [...]
Indian economy to grow 7-7.5 pc in FY23: EAC-PM
New Delhi, Nov 18 (PTI) The Indian economy is likely to grow by 7 - 7.5 per cent in the next fiscal year, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Thursday, while observing that contact intensive sectors and construction should recover in 2022-23. [...]
DPIIT working on national retail policy: Parkash
New Delhi, Nov 18 (PTI) The commerce ministry has been holding consultations with the industry for a national retail policy to strengthen the overall ecosystem of the sector, Union Minister Som Parkash said on Thursday. The minister of state for commerce and industry said to create balanced growth in the ecosystem, it is imperative to [...]
PRICES MUM BULLION CLOSING
Mumbai, Nov 18 (PTI) SILVER SPOT (IN RS PER kg): 66486.00 STANDARD GOLD (99.5) : 49038.00 PURE GOLD (99.9) : 49235.00 --------------------- PTI MUM SVC SHW SHW
Diaspora interested to invest in India, but keen to settle abroad post retirement: Survey
Mumbai, Nov 18 (PTI) A majority of the diaspora Indians are keen to invest in India, even though they are more likely to settle down in their current country of residence after retirement for better quality of life, a survey said on Thursday. The survey by foreign lender HSBC, which covered 4,152 people of Indian [...]
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