BUSINESS

KBC Global Limited Udaipur : Singapore based fund Maybank Kim Eng Securities Pte ltd has picked up stake in KBC Global. The Fund House bought around 35 lakh shares @Rs.9.99 per share as per bulk deal data available on NSE through bulk deal. The company also  had participated at CREDAI Nashik Property Expo where it showcased 12 prominent project ranging …

Britannia Industries is currently trading at Rs. 3375.90, up by 78.70 points or 2.39% from its previous closing of Rs. 3297.20 on the BSE. Britannia Industries The scrip opened at Rs. 3329.90 and has touched a high and low of Rs. 3402.00 and Rs. 3300.45 respectively. So far 14561 shares were traded on the counter. The BSE group ‘A’ stock …

Union Bank of India is currently trading at Rs. 40.20, up by 0.25 points or 0.63% from its previous closing of Rs. 39.95 on the BSE. union bank of india trades higher on the bse e1576056406392 The scrip opened at Rs. 40.60 and has touched a high and low of Rs. 40.70 and Rs. 40.10 respectively. So far 575936 shares …

Tata Investment Corporation is currently trading at Rs. 1530.00, up by 45.20 points or 3.04% from its previous closing of Rs. 1484.80 on the BSE. Tata Investment Corporation The scrip opened at Rs. 1528.00 and has touched a high and low of Rs. 1536.00 and Rs. 1501.05 respectively. So far 10322 shares were traded on the counter. The BSE group …

HDFC Bank is currently trading at Rs. 1372.20, up by 6.65 points or 0.49 % from its previous closing of Rs. 1365.55 on the BSE. hdfc hdfc bank set to merge The scrip opened at Rs. 1374.80 and has touched a high and low of Rs. 1383.80 and Rs. 1357.15 respectively. So far 183392 shares were traded on the counter. …

7NR Retail is currently trading at Rs. 2.49, up by 0.03 points or 1.22% from its previous closing of Rs. 2.46 on the BSE. 7NR Retail The scrip opened at Rs. 2.58 and has touched a high and low of Rs. 2.58 and Rs. 2.35 respectively. So far 3865556 shares were traded on the counter. The BSE group ‘B’ stock …

Adani Ports and Special Economic Zone is currently trading at Rs. 883.90, up by 33.90 points or 3.99% from its previous closing of Rs. 850.00 on the BSE. Adani Ports The scrip opened at Rs. 854.00 and has touched a high and low of Rs. 885.00 and Rs. 841.00 respectively. So far 568843 shares were traded on the counter. The …

April 23, 2022, 4:46 pm Bengaluru, April 23 : As Bengaluru prepares to get back to large participatory running events, an 89-year-old retired Railways officer is setting his eyes on his fourth TCS World 10K, scheduled to be held on May 15. Even though he hasn’t fully recovered from a spine injury he incurred a few months ago, Bylahalli Raghunath …

April 23, 2022, 12:45 pm Mumbai, April 23 : Small Industries Development Bank of India (SIDBI) on Saturday said it has provided the first approval under SIDBI Cluster Development Fund (SCDF) of Rs 600 crore to the Maharashtra government to meet the growing demand for skilled manpower. SIDBI, the principal financial institution engaged in the promotion, financing, and development of …

April 23, 2022, 2:15 pm Kochi, April 23 : The Kerala High Court has ordered the police to hand over ‘Virtual Q’, a crowd management initiative to facilitate darshan for devotees at the famed Lord Ayyappa temple in Sabarimala, to the Travancore Devaswom Board (TDB), the administrative body of temples in the state. Pronouncing the verdict, a Division Bench comprising …

April 23, 2022, 12:54 pm Chennai, Apr 23 : Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100% stake in Ocean Sparkle Ltd (‘OSL’), India’s leading third-party marine services provider. Key activities carried by the company include towage, pilotage, and dredging. With …

April 23, 2022, 11:21 am Islamabad, April 23 : Pakistan’s new Minister for Planning and Development Ahsan Iqbal has soon after taking charge called for removing all the problems being faced by the Chinese investors and contractors working on the China-Pakistan Economic Corridor (CPEC) including swift processing of their visa cases, Dawn reported on Saturday. Iqbal visited the CPEC Authority …

Shahapura branch  Udaipur : Motilal Oswal Home Finance Ltd., one of India’s leading new age Housing Finance Companies, announced its new branch opening in Shahpura Rajasthan. MOHFL wishes to exclusively & aggressively meet the housing finance needs of lower & middle income (LMI) groups and, in the process, pave the way to meaningfully contribute toward the Government of India’s ambitious goal …

April 21, 2022, 11:19 am Mumbai, April 21 : The BSE Sensex on Thursday spurted 459 points to 57,496.50 as buying was seen across the board. The Nifty too rose 126.20 points to 17,262.75. The Sensex registered the days high and low at 57,537.30 and 57,311.86 points respectively. The Nifty registered the days high and low at 17,276.30 and 17,215.50 …

April 21, 2022, 12:09 pm Mumbai, April 21 : The Rupee on Thursday eased marginally by two paise at 76.23 in opening session against the US Dollar on rising demand for the greenback by bankers and importers, dealers at the Foreign Exchange said. The Rupee was seen weak owing to a strong Dollar against other world currencies, amid strong opening …

The company is guided by the fundamental principles of conserving resources, negating the impactsof our ecological footprint and adopting policies that ensure zero harm to the environment Udaipur Sewage Treatment Plant Solar Power Plant at HZLSustainable development is an integral part of Hindustan Zinc’s business philosophythus ‘Investing in our Planet’ Earth is a core focus for the company as there …

April 20, 2022, 7:00 pm New Delhi, April 20 : Retirement fund body Employees’ Provident Fund Organisation (EPFO) added 14.12 lakh net subscribers in February, 2022 reflecting expansion in economic activities and job opport ties. “There is consistent increase in the net subscriber addition since October, 2021 showcasing trust in the services rendered by the organisation,” Ministry of Labour and …

April 20, 2022, 4:29 pm Mumbai, April 20 : Snapping a losing streak of last five sessions, the BSE Sensex on Wednesday bounced back 574.35 points to close at 57,037.50 following gains in auto, energy, oil and gas and technology stocks. The Nifty of the National Stock Exchange (NSE) too rose 177.90 points at 17,136.55. Tumbling over 2,900 points in …

April 20, 2022, 4:31 pm Mumbai, April 20 : The Rupee on Wednesday surged 29 paise to close at 76.21 against the US dollar on selling of the dollars by bankers and exporters, dealers at the Foreign Exchange said. The local t that rose 10 paise at 76.40 in early trade gained further and finished strong at 76.21, up 29 …

April 20, 2022, 12:00 pm Beijing, April 20 ( /Sputnik) US electric carmaker Tesla has resumed production at its plant in China’s Shanghai after the local authorities had issued a guideline on relaunching business operation following a massive COVID-19 outbreak in the city, a senior plant official said on Wednesday. “We will ramp up the output over the next three …

April 20, 2022, 9:48 am New Delhi, April 20 : Domestic airlines such as Air India, IndiGo and SpiceJet together carried 3.15 crore passengers under Vande Bharat Mission launched after Covid pandemic hit the world in early 2020 forcing suspension of regular international flights. The airlines operated over 3 lakh flights, as per the monthly report released by Civil Aviation …

April 20, 2022, 10:55 am Mumbai, April 20 : The BSE Sensex on Wednesday bounced back by 414.47 points at 56,877.62 as buying was seen across the board. The Nifty rose 137 points to 17,089.85. The Sensex registered the days high and low at 57,036 and 56,521 points respectively. The Nifty registered the days high and low at 17,137.45 and …

April 20, 2022, 6:47 am Washington, April 20 ( /Sputnik) Global food prices will likely rise further in the coming months due to the conflict in Ukraine, sanctions against Russia and Belarus, and climate issues, the International Monetary Fund (IMF) said on Tuesday in its World Economic Outlook (WEO). “Prices of agricultural commodities are likely to rise further – particularly …

Jindal Stainless is currently trading at Rs. 206.60, up by 1.85 points or 0.90% from its previous closing of Rs. 204.75 on the BSE. jindal stainless signs mou with bcl The scrip opened at Rs. 206.00 and has touched a high and low of Rs. 215.00 and Rs. 206.00 respectively. So far 164792 shares were traded on the counter. The …

Asian Tea & Exports is currently trading at Rs. 18.90, up by 0.69 points or 3.79% from its previous closing of Rs. 18.21 on the BSE. Asian Tea Exports The scrip opened at Rs. 17.82 and has touched a high and low of Rs. 19.12 and Rs. 17.82 respectively. So far 89007 shares were traded on the counter. The BSE …

April 19, 2022, 8:54 pm Washington, April 19 ( /Xinhua) The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, 0.8 percentage point lower than the January projection, according to its newly released World Economic Outlook (WEO) report. The Ukraine crisis unfolds while the global economy is “on a mending …

Kolkata, April 19 : The West Bengal Government is organizing the sixth edition of Bengal Global Business Summit (BGBS) on April 20-21, where representatives of 14 countries will be present at the conference. The conference dinner will be held on Tuesday night at the premises of Bishwa Bangla Mela. The conference will be inaugurated on April 20 at the Bishwa …

April 19, 2022, 4:54 pm Mumbai, April 19 : The BSE Sensex on Tuesday slumped 703.59 points to settle at 56,463.15 on heavy selling in IT, Power, Realty and Technology stocks. The Nifty of National Stock Exchange (NSE) too fell 215 points at 16,958.65. The Sensex registered days high and low at 57,464.08 and 56,009.07 points respectively. The Nifty recorded …

April 19, 2022, 5:20 pm Mumbai, April 19 : The equity market remained weak for a fifth consecutive session on Tuesday as the BSE Sensex tanked 703.59 points to settle at 56,463.15 on heavy selling in IT, power, realty and technology stocks amid weak global cues. The Nifty of the National Stock Exchange (NSE) too fell 215 points at 16,958.65. …

April 19, 2022, 5:17 pm Hyderabad, April 19 : An exclusive initiative to promote Agriculture, Food Processing and its allied sectors in South, the Confederation of Indian Industry (CII) will organize the three-day third edition of Agri Tech South Summit 2022 at Prof. Jayashankar Telangana State Agricultural versity (PJTSAU) here from Wednesday. Agri-Tech South Summit & Exhibition aims to create …

April 19, 2022, 11:40 am Mumbai, April 19 : The BSE Sensex on Tuesday declined 56 pts at 57,110.53 as selling was witnessed in Finance, Telecom and Technology stocks. The Nifty rose marginally by 17 pts at 17,191.30. The sensex registered days high and low at 57,459.89 and 57,027.86 pts respectively. The Nifty registered days high and low at 17,275.65 …

April 19, 2022, 5:25 pm Hyderabad, April 19 : Taking up an exclusive initiative to promote Agriculture, Food Processing and its allied sectors in South, Confederation of Indian Industry (CII) will organize the three-day third edition of Agri Tech South Summit 2022 and Expo at Prof. Jayashankar Telangana State Agricultural versity (PJTSAU) here from Wednesday. Agri-Tech South Summit & Exhibition …

April 19, 2022, 7:47 pm New Delhi, April 19 : The International Monetary Fund (IMF) has cut India’s gross domestic product (GDP) forecast for FY23 to 8.2% from 9% earlier stating that higher oil prices are expected to weigh on private consumption and investment. Releasing the latest World Economic Outlook, the IMF said that global economic prospects have worsened significantly …

April 19, 2022, 12:49 pm New Delhi, April 19 : As India has lifted ban on regular flights on international routes and demand for travel on the rise, no-frills carrier IndiGo on Tuesday said it has reactivated strategic co-operation with Qatar Airways to offer code-share flights on each other’s network. The two airlines in a joint media release said that …

April 19, 2022, 11:42 am Mumbai, April 19 : The Rupee on Tuesday lost by 11 paise at 76.36 in opening session against the US Dollar in early trade on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said. The Rupee fell today owing to firm Dollar against other world currencies, amid negative opening …

April 19, 2022, 12:57 pm New Delhi, April 19 : Vistara on Tuesday announced a summer time sale across its domestic and international network. The sale is available on all three classes of travel — economy, premium economy and business, a statement from the company said. Domestic bookings are open for a period of 72 hours from April 19 to …

April 19, 2022, 1:03 pm Srinagar, April 19 : Months after a Srinagar-Sharjah flight was launched by on Home Minister Amit Shah, it has now been suspended. While airlines officials here did not divulge the reason, it is learnt that the flight was found economically non-viable due to the airspace restrictions by Pakistan. “The Srinagar Sharjah flight is not operating …

April 18, 2022, 6:04 pm Mumbai, April 18 : The BSE Sensex on Monday crashed 1172.19 points to settle at 56,166.74 owing to the weak Asian Market. The Nifty of National Stock Exchange (NSE) too fell 302 pts at 17,173.65. The Sensex registered days high and low at 57,420.80 and 56,842.39 pts respectively. The Nifty recorded days high and low …

April 18, 2022, 11:08 am Mumbai, April 18 : The Rupee on Monday slid 19 paise at 76.36 in opening session against the US Dollar in early trade on rising demand for the greenback by bankers and importers, dealers at the Foreign Exchange said. The Rupee fell owing to a firm Dollar against other world currencies, amid negative opening in …

April 18, 2022, 6:45 pm Kolkata, April 18 : Ashok Leyland, the flagship Company of the Hinduja Group and India’s leading commercial vehicle manufacturer, on Monday signed an MOU with Mahindra First Choice Wheels Ltd (MFCWL) to launch an exclusive hybrid ecosystem for its used commercial vehicle business. The phygital platform will facilitate an exchange and proper disposal and purchase …

April 18, 2022, 1:31 pm Kolkata, April 18 : India’s largest commercial bank, State Bank of India (SBI), acting through its IFSC Gift City branch, has raised 3-year funds of USD 500 million through syndicated loan facility at very fine pricing, according to a media statement here on Monday. Commenting on the transaction, Ashwini Kumar Tewari, Managing Director, SBI, said, …

April 18, 2022, 12:59 pm New Delhi, April 18 : India’s wholesale price index (WPI)-based inflation surged to 14.55% in March, 2022 as compared to 7.89% in the corresponding month of the previous year, showed the data released by Commerce and Industry Ministry on Monday. The wholesale inflation in January and February this year was 13.68% and 13.11% respectively. “The …

April 18, 2022, 11:13 am Mumbai, April 18 : The BSE Sensex on Monday dropped 1,254.68 points to 57,084.25 while the broader index, Nifty, slipped 341.90 points to 17,133.75, as the equity markets opened in red after a gap of four days. Selling was seen across the board. The sensitive index registered the day’s high and low at 57,420.80 and …

April 18, 2022, 2:09 pm Mumbai, April 18 : The State Bank of India (SBI), acting through its IFSC Gift City branch, has raised three-year funds of $500 million through syndicated loan facility. Ashwini Kumar Tewari, Managing Director, SBI, said: “The successful launch of Syndicated loan at such a fine pricing demonstrates the kind of reputation SBI has created for …

April 18, 2022, 12:25 pm New Delhi, April 18 : SpiceJet on Monday said it has launched new and additional non-stop flights on its domestic and international network. The airline has added new flights to its schedule including two industry-first flights, new domestic and international flights and additional frequencies, the company said. These non-stop flights will start from April 26 …

April 18, 2022, 12:31 pm Mumbai, April 18 : B Housing Finance said it has appointed Anubhav Rajput as the Chief Technology Officer to spearhead its tech and digital transformation mandate. Rajput will also be responsible for strengthening the Fintech ecosystem and creating a sustainable road map for business growth. B Housing Finance MD and CEO Hardayal Prasad said: “We …

April 17, 2022, 1:11 pm New Delhi, April 17 : Even as chip shortage hit its car production and led to loss of some market share to rivals, Maruti Suzuki still remains the undisputed leader in Indian car market and has put plans in place to capture a bigger slice of fast-growing SUV segment, in order to consolidate its position. …

April 15, 2022, 4:29 pm Siliguri, April 15 : Northeast Frontier Railway has registered 60 percent growth in freight loading as it carried 1.204 MT during March, 2022. This was an increase of over 60 pc in comparison to the corresponding period of last year. N. F. Railway loaded 10.387 MT during the period from April, 2021 to March, 2022 …

April 15, 2022, 8:23 pm Kolkata, April 15 : The Board of Directors (Board) of InterGlobe Aviation Limited (IndiGo) on Friday announced the appointment of Vikram Singh Mehta and Air Chief Marshal B. S. Dhanoa (Retd.) as the Independent Non-Executive Directors, subject to receipt of security clearance from the Ministry of Civil Aviation (MoCA) and approval of the Members of …

April 14, 2022, 8:57 pm Mumbai, Apr 14 : Tata Group on Thursday launched super app, Tata Neu, that brings together grocery-to-hotel-to-airline tickets booking and medicines on a single platform, rivalling similar products from Amazon and Walmart’s Flipkart. As the Tata Neu app goes live today, Chandrasekaran said, “It makes me proud to see so many of our trusted and …