Kanpur : An FIR has been filed against the managing director of a school that has been embroiled in a controversy over the recital of religious prayers. On Tuesday, a FIR was lodged against the managing director of a private school in Kanpur after some parents and right-wing members objected to the recitation of Islamic verses during the morning assembly. …
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Adani Ports handles cargo volume of 31.23 MMT in July
Adani Ports and Special Economic Zone (APSEZ) has handled 31.23 MMT of cargo in July 2022, implying a 13% implying Year-on-Year (Y-o-Y) increase. In the initial four months of FY23, the company managed 122.12 MMT of cargo, which is a 9% y-o-y growth over a strong April-July 2021, that saw COVID volume surge. Adani Ports and Special Economic Zone, a …
Read More »Hindustan Zinc sets up academy to enhance skills of in-house talent in mining operations
Hindustan Zinc has set up a new ‘Hindustan Zinc Mining Academy’ at Zawar to help train in-house talent source from business partners in mining operations. Hindustan Zinc understands that India’s mining sector faces a severe shortage of skilled manpower. To help address this problem, the company conducted research that helped identify Jumbo Drill Operators, a profile often taken up by …
Read More »Subex enters into partnership with Jio Platforms
Subex has entered into partnership with Jio Platforms (JPL) for its AI Orchestration Platform, HyperSense, which can enable telcos to deliver on the promise of AI across the data value chain. subex 1 As per the collaboration, JPL will offer its Cloud Native 5G Core to telcos globally along with Subex’s HyperSense for enabling closed loop network automation, product performance …
Read More »Piramal Enterprises raises Rs 76.115 crore through NCDs
Piramal Enterprises has raised Rs 76.115 crore through Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (NCDs) and allotted 750 NCDs each having a face value of Rs 10,00,000, at a further issue price of Rs 10,14,869 per debenture on private placement basis. piramal enterprises rises on completing repurchase of ncds These Debentures are proposed to be listed …
Read More »Axis Bank inks agreement to acquire 5.09% stake in CredAble
Axis Bank has entered into agreement for subscribing to 8,921 equity shares of face value of Rs 10 each for Rs 55 crore to be issued by Equentia SCF Technologies (CredAble). Axis Bank Percentage of shareholding proposed to be acquired is 5.09%. The indicative time period for completion of the acquisition is by September 30, 2022. Axis Bank is the …
Read More »Adani Enterprises’ arm acquires 400MHz of spectrum in 26GHz millimetre wave band
Adani Enterprises’ wholly-owned subsidiary — Adani Data Networks (ADNL) has acquired the right to use 400MHz of spectrum in the 26GHz millimetre wave band. ADNL secured this spectrum for 20 years in the first ever 5G spectrum auction conducted by the government’s Telecommunications Department. Adani Enterprises The newly acquired 5G spectrum is expected to help create a unified digital platform …
Read More »Zomato trades jubilantly as its consolidated net loss narrows to Rs 186 crore in Q1
Zomato is currently trading at Rs. 54.55, up by 8.20 points or 17.69% from its previous closing of Rs. 46.35 on the BSE. The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 54.90 and Rs. 48.00 respectively. So far 65198358 shares were traded on the counter. The BSE group ‘A’ stock of face value …
Read More »Pfizer gains on transferring Upjohn business to Mylan Pharmaceuticals for Rs 180.48 crore
Pfizer is currently trading at Rs. 4250.00, up by 30.20 points or 0.72% from its previous closing of Rs. 4219.80 on the BSE. The scrip opened at Rs. 4240.00 and has touched a high and low of Rs. 4250.00 and Rs. 4220.10 respectively. So far 300 shares were traded on the counter. cci approves gsk pfizer consumer healthcare jv formation …
Read More »Punjab & Sind Bank moves up on reporting 18% rise in Q1 net profit
Punjab & Sind Bank is currently trading at Rs. 15.30, up by 0.38 points or 2.55% from its previous closing of Rs. 14.92 on the BSE. The scrip opened at Rs. 15.05 and has touched a high and low of Rs. 15.39 and Rs. 14.70 respectively. So far 211628 shares were traded on the counter. Punjab Sind Bank The BSE …
Read More »Varun Beverages hits new 52-week high on reporting over 2-fold jump in Q2 consolidated net profit
Varun Beverages is currently trading at Rs. 928.50, up by 2.15 points or 0.23% from its previous closing of Rs. 926.35 on the BSE. The scrip opened at Rs. 960.00 and has touched a high and low of Rs. 960.00 and Rs. 922.80 respectively. So far 104410 shares were traded on the counter. Varun Beverages The BSE group ‘A’ stock …
Read More »Maruti Suzuki catches speed on reporting 8.30% rise in total production in July
Maruti Suzuki India is currently trading at Rs. 9194.00, up by 190.00 points or 2.11% from its previous closing of Rs. 9004.00 on the BSE. The scrip opened at Rs. 8981.00 and has touched a high and low of Rs. 9195.00 and Rs. 8955.00 respectively. So far 43848 shares were traded on the counter. Maruti Suzuki India The BSE group …
Read More »Spandana Sphoorty Financial inches up on raising Rs 23 crore through NCDs
Spandana Sphoorty Financial is currently trading at Rs. 424.30, up by 0.20 points or 0.05 % from its previous closing of Rs. 424.10 on the BSE. The scrip opened at Rs. 426.50 and has touched a high and low of Rs. 427.05 and Rs. 420.00 respectively. So far 1809 shares were traded on the counter. Spandana Sphoorty Financia The BSE …
Read More »Bank loans to be expensive due to hike in policy interest rates
New Delhi : The next meeting of the Monetary Policy Committee of the Reserve Bank of India (RBI) is scheduled to begin on Wednesday. Bank loans This meeting will continue till August 5, the last business day of this week. After the meeting, the RBI will announce its monetary policy on Friday. The decision to increase the repo rate can …
Read More »HDFC Bank Parivartan signs MoU with IISc Bangalore
Photo HDFC Bank Parivartan signs Rs 107 crore deal with IISc Bengaluru Udaipur : HDFC Bank Parivartan today signed a memorandum of understanding withthe Indian Institute of Science(IISc)Bangalore. As per the MoU, HDFC BankParivartan has pledgedRs.107.76 Crore to support three wings of Bagchi-Parthasarathy Hospital, IISc Bangalore.The three wingsto be supported by the Bankare the Cardiology Wing, Radiology wing, and Emergency Medicine …
Read More »Bewar Nobadar Abdullah: Artist in the Making
Bewar Nobadar Abdullah, better known as “Bewar B,” is a Norwegian entertainer, lyricist, and music producer. Bewar was born in Norway on January 16, 2003 (19). (Fredrikstad). Most people are interested in learning more about the recent progress surge and the forms of force and turmoil that particular individuals exhibit within their businesses. However, this advancement can only be made …
Read More »Maruti Suzuki India sells 175,916 units in July 2022
Maruti Suzuki India has sold a total of 175,916 units in July 2022. Total sales in the month include domestic sales of 145,666 units, sales to other OEM of 9,939 units and exports of 20,311 units. Maruti Suzuki India Sales of mini cars, comprising Alto and S-Presso, stood at 20,333 units last month. It stood at 19,685 in the same …
Read More »Escorts Kubota reports 21% fall in Q1 consolidated net profit
Escorts Kubota has reported results for first quarter ended June 30, 2022. Escorts Kubota The company has reported fall of 20.38% in its net profit at Rs 147.45 crore for the quarter under review as compared to Rs 185.20 crore for the same quarter in the previous year. However, total income of the company increased by 19.29% at Rs 2050.29 …
Read More »Coal India trades higher as its production rises by 11% to 47.3 MT in July
Coal India is currently trading at Rs. 213.10, up by 1.75 points or 0.83% from its previous closing of Rs. 211.35 on the BSE. The scrip opened at Rs. 213.00 and has touched a high and low of Rs. 213.70 and Rs. 209.75 respectively. So far 2682659 shares were traded on the counter. The BSE group ‘A’ stock of face …
Read More »Ashok Leyland moves up on reporting 58% rise in July sales
Ashok Leyland is currently trading at Rs. 154.45, up by 5.40 points or 3.62 % from its previous closing of Rs. 149.05 on the BSE. The scrip opened at Rs. 149.80 and has touched a high and low of Rs. 158.15 and Rs. 149.80 respectively. So far 2254356 shares were traded on the counter. ashok leyland dips on reporting 28 …
Read More »Ujjivan Small Finance Bank jumps on planning to enter gold loan segment
Ujjivan Small Finance Bank is currently trading at Rs. 19.45, up by 0.25 points or 1.30% from its previous closing of Rs. 19.20 on the BSE. The scrip opened at Rs. 19.50 and has touched a high and low of Rs. 19.50 and Rs. 19.05 respectively. So far 275981 shares were traded on the counter. The BSE group ‘B’ stock …
Read More »IRCTC rises on launching 8-day trip package to Rajasthan
Indian Railway Catering and Tourism Corporation is currently trading at Rs. 640.90, up by 3.25 points or 0.51% from its previous closing of Rs. 637.65 on the BSE. The scrip opened at Rs. 644.15 and has touched a high and low of Rs. 648.40 and Rs. 633.00 respectively. So far 438052 shares were traded on the counter. The BSE group …
Read More »Infosys inches up on opening Sydney Living Lab to accelerate innovation in NSW
Infosys is currently trading at Rs. 1550.40, up by 0.80 points or 0.05% from its previous closing of Rs. 1549.60 on the BSE. The scrip opened at Rs. 1570.00 and has touched a high and low of Rs. 1570.00 and Rs. 1537.70 respectively. So far 4586555 shares were traded on the counter. The BSE group ‘A’ stock of face value …
Read More »Godrej Properties trades higher on acquiring land parcel to develop luxury project in Mumbai
Godrej Properties is currently trading at Rs. 1521.45, up by 13.70 points or 0.91% from its previous closing of Rs. 1507.75 on the BSE. The scrip opened at Rs. 1508.25 and has touched a high and low of Rs. 1523.00 and Rs. 1498.80 respectively. So far 168228 shares were traded on the counter. The BSE group ‘A’ stock of face …
Read More »Patel Engineering surges on executing Share Purchase agreement with India Grid Trust
Patel Engineering is currently trading at Rs. 23.95, up by 0.70 points or 3.01% from its previous closing of Rs. 23.25 on the BSE. The scrip opened at Rs. 23.15 and has touched a high and low of Rs. 24.25 and Rs. 23.15 respectively. So far 96866 shares were traded on the counter. The BSE group ‘B’ stock of face …
Read More »Tejas Networks shines on getting Rs 298 crore optical network contract
Tejas Networks is currently trading at Rs. 475.65, up by 6.85 points or 1.46% from its previous closing of Rs. 468.80 on the BSE. The scrip opened at Rs. 475.00 and has touched a high and low of Rs. 483.80 and Rs. 472.85 respectively. So far 10852 shares were traded on the counter. The BSE group ‘A’ stock of face …
Read More »Care Ratings surges on reporting 22% rise in Q1 consolidated net profit
Care Ratings is currently trading at Rs. 464.75, up by 12.25 points or 2.71% from its previous closing of Rs. 452.50 on the BSE. The scrip opened at Rs. 469.95 and has touched a high and low of Rs. 469.95 and Rs. 452.75 respectively. So far 4475 shares were traded on the counter. The BSE group ‘A’ stock of face …
Read More »Punjab National Bank zooms on aiming Rs 32,000 crore recoveries from resolution of bad loans in current fiscal
Punjab National Bank is currently trading at Rs. 32.55, up by 1.20 points or 3.83% from its previous closing of Rs. 31.35 on the BSE. The scrip opened at Rs. 31.55 and has touched a high and low of Rs. 32.70 and Rs. 31.35 respectively. So far 2760427 shares were traded on the counter. Punjab National Bank The BSE group …
Read More »Bank of Baroda surges on reporting 64% rise in Q1 consolidated net profit
Bank Of Baroda is currently trading at Rs. 117.05, up by 0.80 points or 0.69% from its previous closing of Rs. 116.25 on the BSE. The scrip opened at Rs. 118.05 and has touched a high and low of Rs. 118.35 and Rs. 113.35 respectively. So far 1348068 shares were traded on the counter. The BSE group ‘A’ stock of …
Read More »“JOIN THE INDIAN ARMY – BICYCLE EXPEDITION” FLAG-OFF CEREMONY
Jaipur : A bicycle expedition on the theme ‘Join the Indian Army’ was flagged off by Lieutenant General J B Chaudhari, General Officer Commanding, Chetak Corps from the hinterland of Punjab, Bhatinda Military Station on 01 Aug 2022. The cycling expedition team led by Major Varun Singh and 11 other members of Sarvada Agrani Brigade will cover a distance of …
Read More »IDFC First Bank trades jubilantly on turning black in Q1
IDFC First Bank is currently trading at Rs. 42.15, up by 4.60 points or 12.25% from its previous closing of Rs. 37.55 on the BSE. The scrip opened at Rs. 39.40 and has touched a high and low of Rs. 42.70 and Rs. 38.50 respectively. So far 12543331 shares were traded on the counter. The BSE group ‘A’ stock of …
Read More »Torrent Power gains on acquiring Wind Two Renergy for Rs 32.51 crore
Torrent Power is currently trading at Rs. 529.25, up by 4.70 points or 0.90% from its previous closing of Rs. 524.55 on the BSE. The scrip opened at Rs. 528.00 and has touched a high and low of Rs. 532.00 and Rs. 525.10 respectively. So far 3500 shares were traded on the counter. torrent power gains on raising rs 270 …
Read More »Mahindra Logistics shines on reporting 4-fold jump in Q1 consolidated net profit
Mahindra Logistics is currently trading at Rs. 473.65, up by 8.35 points or 1.79% from its previous closing of Rs. 465.30 on the BSE. Mahindra Logistics The scrip opened at Rs. 465.00 and has touched a high and low of Rs. 476.75 and Rs. 465.00 respectively. So far 1449 shares were traded on the counter. The BSE group ‘A’ stock …
Read More »FSN E-Commerce Ventures inches up on incorporating Subsidiary Company
FSN E-Commerce Ventures is currently trading at Rs. 1399.40, up by 2.80 points or 0.20% from its previous closing of Rs. 1396.60 on the BSE. The scrip opened at Rs. 1419.80 and has touched a high and low of Rs. 1419.80 and Rs. 1392.10 respectively. The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week …
Read More »Govt’s fiscal deficit touches 21.2% of annual target in June quarter: CGA
The Controller General of Accounts (CGA) in its latest data has showed that the central government’s fiscal deficit touched 21.2 per cent of the annual target in the June quarter as against 18.2 per cent in the year-ago period. The fiscal deficit is the difference between total expenditure and revenue of the government. It indicates the total borrowing that are …
Read More »Tejas Networks awarded Rs 298 crore optical network contract by PGCIL
Tejas Networks has been awarded a contract worth Rs 298 crore for the supply, installation, commissioning and support of its state-of-the-art optical networking equipment, for the augmentation of Power Grid Corporation of India’s (PGCIL) pan-India telecom backbone and access networks. Tejas Networks As part of this contract, Tejas will deploy a wide range of its versatile family of products including …
Read More »Dr. Reddy’s gets nod to sell its investment in Imperial
Dr. Reddy’s Laboratories has received approval for proposal of sale of its investment in the Wholly-owned Subsidiary — Imperial Credit (Imperial), a Non- Banking Finance Company (NBFC), subject to applicable regulatory approvals. Imperial Credit is not a material subsidiary of the company. Sale of investment is subject to approval of the Reserve Bank of India (RBI). Dr. Reddys Laboratories Dr. …
Read More »Govt’s focus on increasing farmers income: Narendra Singh Tomar
union minister of agriculture and farmers welfare narendra singh tomar kick starts national rabi campaign 2020 for aatamnirbhar kheti Expressing a need to organize small farmers in order to empower them and ensure the quality of the produce at par with global standards, Union Minister for Agriculture and Farmers Welfare, Narendra Singh Tomar has said that the emphasis is being …
Read More »Piramal Enterprises reports 9% fall in Q1 consolidated net profit
Piramal Enterprises has reported results for first quarter ended June 30, 2022. The company has reported a fall of 47.15% in its net profit at Rs 28.08 crore for the quarter under review as compared to Rs 53.13 crore for the same quarter in the previous year. However, total income of the company increased by 1.32% at Rs 556.04 crore …
Read More »Hindustan Zinc inaugurates ‘Hindustan Zinc Mining Academy’ at Zawar to enhance skills of in-house talent in Mining Operations
– The unique initiative will enable jumbo helpers in underground mines become certified operators – The five months-long training programme will include 16 weeks of classroom instruction – The pilot Mining Academy batch will include 20 experienced jumbo helpers cascading to train operators from other mining operations of HZL Hindustan Zinc Mining Academy Udaipur : Hindustan Zinc, India’s only and …
Read More »ROYAL ARMY OF OMAN CONTINGENT FOR JOINT EXERCISE AL NAJAH-IV ARRIVE IN INDIA
New Delhi : The 4th Edition of India Oman Joint Military Exercise ‘AL NAJAH-IV’ between contingents of Indian Army and the Royal Army of Oman is scheduled to take place at the Foreign Training Node of Mahajan Field Firing Ranges (Rajasthan) from 01 to 13 August 2022. The Royal Army of Oman contingent comprising 60 personnel from the Sultan of Oman …
Read More »131ST EDITION OF DURAND CUP TROPHY TOUR
Jaipur : Jaipur witnessed an enthralling and enthusiastic support during the Durand Cup Football Tournament Trophy tour from 29 to 30 July 22. The trophy tour as part of 131st Edition of Durand Cup is being conducted under the aegis of HQ Eastern Command at Kolkata from 06 Aug to 18 Sep 2022. The tour of trophies namely President Cup, Durand …
Read More »NTPC reports 16% rise in Q1 consolidated net profit
NTPC has reported results for first quarter ended June 30, 2022. ntpc reports 14 6 pc increase in generation in fy22 The company has reported rise of 16.87% in its net profit at Rs 3676.43 crore for the quarter under review as compared to Rs 3145.63 crore for the same quarter in the previous year. Total income of the company …
Read More »Shree Cement reports 56% fall in Q1 consolidated net profit
Shree Cement has reported results for first quarter ended June 30, 2022. shree cement jumps on deciding to expand cement grinding unit capacity The company has reported a fall of 52.31% in its net profit at Rs 315.55 crore for the quarter under review as compared to Rs 661.72 crore for the same quarter in the previous year. However, total …
Read More »PM to address the inaugural session of the NALSA convention today
pm modi New Delhi : Prime Minister Narendra Modi will address the inaugural session of the first All India Conference of District Legal Services Authorities today (Saturday). The Prime Minister’s Office (PMO) gave this information. According to the PMO, the Prime Minister will address the inaugural session of the first All India District Legal Services Authority conference at Vigyan Bhawan …
Read More »SEBI imposes penalty of Rs 25 lakh on IIFL Securities
morepen laboratories slips as sebi restricts it from dealing in securities The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 25 lakh on IIFL Securities for flouting regulatory norms in the matter related to ICICI General Lombard Insurance Company block deals back in 2019. The SEBI conducted an investigation into the block deals executed by …
Read More »Ramco Industries reports 14% rise in Q1 consolidated net profit
Ramco Industries has reported results for first quarter ended June 30, 2022. Ramco Industries The company has reported a fall of 29.82% in its net profit at Rs 40.06 crore for the quarter under review as compared to Rs 57.08 crore for the same quarter in the previous year. However, total income of the company increased by 14.37% at Rs …
Read More »Dr. Lal Pathlabs reports 56% fall in Q1 consolidated net profit
Dr. Lal Pathlabs has reported results for first quarter ended June 30, 2022. Dr. Lal Pathlabs The company has reported a fall of 35.44% in its net profit at Rs 79.60 crore for the quarter under review as compared to Rs 123.30 crore for the same quarter in the previous year. Total income of the company decreased by 20.80% at …
Read More »Mahindra Logistics reports 4-fold jump in Q1 consolidated net profit
Mahindra Logistics has reported results for first quarter ended June 30, 2022. Mahindra Logistics The company has reported 2-fold jump in its net profit at Rs 14.06 crore for the quarter under review as compared to Rs 6.04 crore for the same quarter in the previous year. Total income of the company increased by 37.92% at Rs 1071.07 crore for …
Read More »Sun Pharma jumps on reporting 43% rise in Q1 consolidated net profit
Sun Pharma is currently trading at Rs. 941.10, up by 46.35 points or 5.18% from its previous closing of Rs. 894.75 on the BSE. The scrip opened at Rs. 894.00 and has touched a high and low of Rs. 951.25 and Rs. 879.00 respectively. So far 442541 shares were traded on the counter. The BSE group ‘A’ stock of face …
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