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Petroleum Minister flags off 1st supply of Used Cooking Oil-based Biodiesel from Indian Oil’s Tikrikalan Terminal;

Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan today remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from IndianOil’s Tikrikalan Terminal, Delhi. Secretary, Ministry of Petroleum & Natural Gas Tarun Kapoor and Chairman, IndianOil S M Vaidya were also present on the occasion. To create an eco-system ... Read More »

Telecom Department gives go-ahead for 5G Technology and Spectrum Trials

The Department of Telecommunications (DoT), Government of India, approved today, permissions to Telecom Service Providers (TSPs) for conducting trials for use and applications of 5G technology. The applicant TSPs include Bharti Airtel Ltd., Reliance JioInfocomm Ltd., Vodafone Idea Ltd. and MTNL. These TSPs have tied up with original equipment manufacturers and technology providers which are Ericsson, Nokia, Samsung and C-DOT. ... Read More »

Shankara Building Products trades higher on the bourses

Shankara Building Products is currently trading at Rs. 376.20, up by 0.70 points or 0.19% from its previous closing of Rs. 375.50 on the BSE. The scrip opened at Rs. 379.40 and has touched a high and low of Rs. 381.00 and Rs. 376.20 respectively. So far 3354 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Indian’s youngest Entrepreneur Sushant G Jabare, a proven master in hospitality industry at just 25..AMETHHYYST – lounge

To all the nightlife and party lovers out there Sushant G Jabare has given an amazing and secured platform “AMETHHYYST lounge” to spend their times with close ones. Sushant at just the age of 25 has achieved this entrepreneurial quality and its a challenge to entire hospitality industry. This passionate and evergreen individual has a really stunning and bind blowing ... Read More »

NMDC rises on posting 74% jump in iron ore output in April 2021

NMDC is currently trading at Rs. 160.75, up by 1.80 points or 1.13% from its previous closing of Rs. 158.95 on the BSE. The scrip opened at Rs. 160.10 and has touched a high and low of Rs. 162.00 and Rs. 159.55 respectively. So far 179187 shares were traded on the counter. The BSE group ‘A’ stock of face value ... Read More »

Bajaj Auto trades higher on reporting 10- fold jump in April sales

Bajaj Auto is currently trading at Rs. 3861.05, up by 7.70 points or 0.20% from its previous closing of Rs. 3853.35 on the BSE. The scrip opened at Rs. 3861.00 and has touched a high and low of Rs. 3888.25 and Rs. 3850.80 respectively. So far 4901 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Motherson Sumi Systems successfully completes acquisition of Bombardier’s EWIS

Motherson Sumi Systems through its Mexican subsidiary, Motherson Rolling Stocks S. de R.L. de C.V. (MRS), has successfully completed the acquisition of assets and activities of Electrical Wiring Interconnection Systems (EWIS) performed at Bombardier Transportation’s manufacturing site in Huehuetoca, Mexico (BT Ensambles México). MRS is part of the Motherson Rolling Stock Division which designs and manufactures electrical cabinets, power packs ... Read More »

Airtel Payments Bank announces 6% p.a. interest on deposits over Rs. 1 lakh

Udaipur. Airtel Payments Bank today said that its customers will get an increased interest rate of 6% p.a. on savings account deposits of over Rs. 1 lakh.  This follows Airtel Payments Bank becoming the first payments bank to implement the enhanced day-end savings limit of Rs 2 lakh as per the Reserve Bank of India (RBI) guidelines.  Anubrata Biswas, MD, ... Read More »

VST Tillers Tractors rises on registering 100% growth in April sales

VST Tillers Tractors is currently trading at Rs. 1830.00, up by 4.70 points or 0.26% from its previous closing of Rs. 1825.30 on the BSE. The scrip opened at Rs. 1825.00 and has touched a high and low of Rs. 1855.40 and Rs. 1825.00 respectively. So far 438 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Hero MotoCorp gains on the BSE

Hero MotoCorp is currently trading at Rs. 2832.95, up by 12.60 points or 0.45% from its previous closing of Rs. 2820.35 on the BSE. The scrip opened at Rs. 2790.00 and has touched a high and low of Rs. 2836.40 and Rs. 2767.80 respectively. So far 9659 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Bata India surges as ICRA reaffirms long term rating

Bata India is currently trading at Rs. 1375.35, up by 23.15 points or 1.71% from its previous closing of Rs. 1352.20 on the BSE. The scrip opened at Rs. 1340.00 and has touched a high and low of Rs. 1382.30 and Rs. 1337.60 respectively. So far 36167 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

Natco Pharma gets emergency use approval from CDSCO for Baricitinib tablets for Covid-19 treatment

Natco Pharma has received Emergency Use approval for Baricitinib tablets, 1mg, 2mg and 4mg strengths from Central Drugs Standard Control Organization (CDSCO) in India. Baricitinib in combination with Remdesivir, is used for treatment of COVID-19 positive patients. Natco will be requesting a Compulsory License based on emergency use and in light of the grave and serious public health emergency across ... Read More »

Hero MotoCorp sells 3.72 lakh units of motorcycles & scooters in April 2021

Hero MotoCorp has sold 372,285 units in the month of April 2021. The sales in April’21 were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19. The sales numbers of April 2021 is not comparable with the corresponding month ... Read More »

Airtel CEO Vittal writes to customers on safety, cautions against cyber frauds

Udaipur.  Bharti Airtel’s chief executive officer for India, Gopal Vittal, has said that the company has invested Rs 38,000 crore in spectrum and network capacity to ensure its customers remain connected during this pandemic. In a letter to the telco’s 307.9 million subscribers, Vittal detailed out how Airtel is carrying out home delivery of SIM cards and cautioned subscribers against ... Read More »

Dr. Reddy’s Laboratories jumps on launching Albendazole Tablets

Dr. Reddys Laboratories is currently trading at Rs. 5149.30, up by 47.95 points or 0.94% from its previous closing of Rs. 5101.35 on the BSE. The scrip opened at Rs. 5120.00 and has touched a high and low of Rs. 5190.00 and Rs. 5120.00 respectively. So far 25252 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Shriram Transport Finance Company moves up on planning to raise funds

Shriram Transport Finance Company is currently trading at Rs. 1416.85, up by 1.10 points or 0.08% from its previous closing of Rs. 1415.75 on the BSE. The scrip opened at Rs. 1436.90 and has touched a high and low of Rs. 1442.55 and Rs. 1367.00 respectively. So far 101704 shares were traded on the counter. The BSE group ‘A’ stock ... Read More »

Inox Leisure’s consolidated net loss widens to Rs 93.69 crore in Q4

Inox Leisure has reported results for fourth quarter and year ended March 31, 2021. The company has reported net loss at Rs 93.68 crore for the quarter under review as compared to net loss of Rs 82.17 crore for the same quarter in the previous year. Total income of the company decreased by 68.37% at Rs 119.05 crore for Q4FY21 ... Read More »

Bank of Maharashtra reports 2-fold jump in Q4 consolidated net profit

Bank of Maharashtra has reported results for fourth quarter and year ended March 31, 2021. The bank has reported above 2-fold jump in its net profit at Rs 165.08 crore for the quarter under review as compared to Rs 57.57 crore for the same quarter in the previous year. Total income of the bank increased by 35.48% at Rs 4332.99 ... Read More »

Modi Naturals rises on incorporating wholly owned subsidiary

Modi Naturals is currently trading at Rs. 75.75, up by 0.50 points or 0.66% from its previous closing of Rs. 75.25 on the BSE. The scrip opened at Rs. 81.00 and has touched a high and low of Rs. 81.00 and Rs. 71.55 respectively. So far 1513 shares were traded on the counter. The BSE group ‘X’ stock of face ... Read More »

JK Organisation strengthen efforts in fight against Covid-19

Udaipur :  Furthering its commitment towards COVID-19 relief measures, and ramping up its efforts in the fight against the pandemic, Indian industrial conglomerate JK Organization has gone into ‘Mission Critical’ mode, to ensure rapid vaccination of its stakeholders across the organisation. To ensure the health & safety of its employees and business partners, JK Organisation has instituted a system of vaccination ... Read More »

Bharti Backed Oneweb Secures $550 Million In New Funding: Eutelsat To Take Significant Equity Stake In The Company

Udaipur.  OneWeb, the global communications network powered from space, announces today that it has secured $550 million in funding from Eutelsat Communications (Euronext Paris: ETL), bringing OneWeb’s total funding to $1.9 billion in fresh equity. This investment from one of the world’s most experienced and largest global operators is a vote of confidence in OneWeb and underscores the arrival of ... Read More »

GHCL gains on reporting 31% rise in Q4 consolidated net profit

GHCL is currently trading at Rs. 239.45, up by 4.30 points or 1.83% from its previous closing of Rs. 235.15 on the BSE. The scrip opened at Rs. 246.00 and has touched a high and low of Rs. 246.75 and Rs. 238.00 respectively. So far 25789 shares were traded on the counter. The BSE group ‘A’ stock of face value ... Read More »

Axis Bank’s board approves reclassification of NIACL as ‘public investor’

Public sector insurer The New India Assurance (NIACL) has been reclassified as a ‘public shareholder’ of Axis Bank from being a ‘promoter’ earlier. Last week, the country’s third-largest private sector lender had received a request from NIACL to reclassify it to public category from promoter category investor. Axis Bank is the third largest private sector bank in India. The bank ... Read More »

Biocon jumps on reporting 92% rise in Q4 consolidated net profit

Biocon is currently trading at Rs. 398.40, up by 7.45 points or 1.91% from its previous closing of Rs. 390.95 on the BSE. The scrip opened at Rs. 387.20 and has touched a high and low of Rs. 402.10 and Rs. 386.00 respectively. So far 517268 shares were traded on the counter. The BSE group ‘A’ stock of face value ... Read More »

Indian Hotels Company gains on opening Vivanta hotel in Kerala

The Indian Hotels Company is currently trading at Rs. 113.20, up by 0.35 points or 0.31% from its previous closing of Rs. 112.85 on the BSE. The scrip opened at Rs. 112.85 and has touched a high and low of Rs. 115.40 and Rs. 112.80 respectively. So far 210969 shares were traded on the counter. The BSE group ‘A’ stock ... Read More »

India’s GDP To Grow At 11% In This Fiscal, Says Asian Development Bank

New Delhi: The Indian economy is projected to grow at 11 per cent in the current financial year amid the “strong” vaccine drive, Asian Development Bank (ADB) said on Wednesday, while cautioning that the recent surge in Covid cases may put the country’s economic recovery at “risk”. “India’s economy is expected to grow 11 per cent in fiscal year (FY) 2021, ... Read More »

UFO Moviez India, The Collective Artists Network enter into partnership

UFO Moviez India (UFO) and The Collective Artists Network have entered into a partnership to offer influencer marketing, branded content, and social media solutions to brands across the country. This move is a result of both powerhouse players fostering a joint vision to expand their respective operations while amplifying their existing strengths and infrastructure as market leaders in their respective ... Read More »

Britannia Industries reports 3% fall in Q4 consolidated net profit

Britannia Industries has reported results for fourth quarter and year ended March 31, 2021. The company has reported a fall of 7.27% in its net profit at Rs 353.46 crore for the quarter under review as compared to Rs 381.16 crore for the same quarter in the previous year. However, total income of the company increased by 8.75% at Rs ... Read More »

State Bank of India jumps on planning to raise long term fund

State Bank of India is currently trading at Rs. 357.90, up by 5.00 points or 1.42% from its previous closing of Rs. 352.90 on the BSE. The scrip opened at Rs. 355.45 and has touched a high and low of Rs. 358.50 and Rs. 355.45 respectively. So far 128755 shares were traded on the counter. The BSE group ‘A’ stock ... Read More »

HDFC AMC reports 27% rise in Q4 net profit

HDFC Asset Management Company (AMC) has reported results for fourth quarter and year ended March 31, 2021. The company has reported a rise of 26.52% in its net profit at Rs 316.08 crore for the quarter under review as compared to Rs 249.83 crore for the same quarter in the previous year. Total income of the company increased by 21.34% ... Read More »

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