News

Fit-tech startup beatXP set to raise $50 mn, Leading health-tech company Pristyn Care’s direct-to-consumer (D2C) startup beatXP is in advanced talks to raise $50 million from a group of investors, according to the sources close to the development. This will be beatXP’s first round of funding and the company is on track to register $100 million in annualised revenue, sources told IANS on Tuesday. Pristyn Care declined to comment on the ongoing developments surrounding beatXP's funding talks. As per earlier report...
Fit-tech startup beatXP set to raise $50 mn,
Fit-tech startup beatXP set to raise $50 mn,
Source: IANS
1/08/2023 2:07:57 PM
PHDCCI ``Taskforce on Cooperative`` Organised``National Cooperatives` Meet 2023`` with Focus on ``Cooperation Policy 2023`` and Strengthening the Cooperative Sector in India At PHD Chamber of Commerce and Industry (PHDCCI), the National Apex Chamber established in 1905, a dedicated Taskforce on Cooperatives was established in October 2022 with the aim of working in tandem with the Union Ministry of Cooperation, Government of India. Through policy advocacy and programs, PHDCCI Taskforce on Cooperatives supports the policy framework for deepening the positive impact of the cooperative movement in India. With its Taskforce on Coope...
PHDCCI ``Taskforce on Cooperative`` Organised``National Cooperatives` Meet 2023`` with Focus on ``Cooperation Policy 2023`` and Strengthening the Cooperative Sector in India
PHDCCI ``Taskforce on Cooperative`` Organised``National Cooperatives` Meet 2023`` with Focus on ``Cooperation Policy 2023`` and Strengthening the Cooperative Sector in India
Source: PR Agency
1/07/2023 5:24:01 PM
MP Diya Kumari thanks PM as he inaugurates projects worth Rs 5000 cr in Rajsamand Prime Minister Narendra Modi on Wednesday inaugurated and laid foundation stones for development projects worth approximately Rs 5,000 crore in the state. On the occasion, Rajsamand MP, Diya Kumari expressed her gratitude acknowledging Prime Minister Modi's strong commitment to development. She highlighted the gauge conversion of the Mavli-Marwar rail line, the construction of the Gomti to Beawar four-lane highway, and the road connecting Shri Charbhuja Nath to Shrinath ji as significa...
MP Diya Kumari thanks PM as he inaugurates projects worth Rs 5000 cr in Rajsamand
MP Diya Kumari thanks PM as he inaugurates projects worth Rs 5000 cr in Rajsamand
Source: IANS
10/05/2023 4:34:50 PM
India`s heatwaves putting economy, development goals at risk Killer heat waves are putting "unprecedented burdens" on India's agriculture, economy and public health, with climate change undermining the country's long-term efforts to reduce poverty, inequality and illness, a new study showed. Extreme heat has caused more than 24,000 deaths since 1992 and has also driven up air pollution and accelerated glacial melt in northern India, said a team of scholars led by the University of Cambridge's Ramit Debnath. India is now &quo...
India`s heatwaves putting economy, development goals at risk
India`s heatwaves putting economy, development goals at risk
Source: Reuters
20/04/2023 8:47:06 AM
Government`s Blockchain project to explore potential of Web3 The government has undertaken a research project in Blockchain technology system, which is aimed at evolving the blockchain technology stack for end-to-end blockchain application development. According to official sources, the project titled "Design and Development of a Unified Blockchain Framework for offering National Blockchain Service and Creation of Blockchain Ecosystem", will also enable Open Application Programming Interfaces (Open APIs) for seamless integration and offeri...
Government`s Blockchain project to explore potential of Web3
Government`s Blockchain project to explore potential of Web3
Source: IANS
8/04/2023 8:48:30 AM
India`s economic growth expected to moderate to 6.4% in current financial year: Asian Development Bank The Asian Development Bank (ADB) in its latest report ‘Asian Development Outlook (ADO) April 2023’ has said India's economic growth is expected to moderate to 6.4 per cent in the current financial year (FY24) due to  tight monetary conditions and elevated oil prices as compared to 6.8 per cent expansion for the financial year ended March 2023. It mentioned the growth moderation for India in FY24 is premised on an ongoing global economic slowdown, tight monetary conditions...
India`s economic growth expected to moderate to 6.4% in current financial year: Asian Development Bank
India`s economic growth expected to moderate to 6.4% in current financial year: Asian Development Bank
Source: Accord Fintech
5/04/2023 10:16:26 AM
Indo-Pacific economic framework for prosperity to deepen development: India A Commerce Ministry-led inter-ministerial delegation took part in the second Indo-Pacific economic framework for prosperity (IPEF) negotiations in Indonesia's Bali last week, where it reiterated that the framework will deepen the economic engagement and promote inclusive development through enhancement in trade and investment in the region. On the sidelines of the negotiating round (which were held between March 13 and March 19), India's chief negotiator and other representatives a...
Indo-Pacific economic framework for prosperity to deepen development: India
Indo-Pacific economic framework for prosperity to deepen development: India
Source: IANS
23/03/2023 9:04:48 AM
IREDA gets `Infrastructure Finance Company` status from RBI The Reserve Bank of India (RBI) on Monday granted 'Infrastructure Finance Company (IFC)' status to Indian Renewable Energy Development Agency (IREDA). The IREDA was earlier classified as 'Investment and Credit Company (ICC)'. With the IFC status, it will be able to take higher exposure in RE financing. The IFC status will also help the company to access a wider investor base for fund mobilisation, resulting in competitive rates for fundraising. Officials said that the...
IREDA gets `Infrastructure Finance Company` status from RBI
IREDA gets `Infrastructure Finance Company` status from RBI
Source: IANS
14/03/2023 9:19:03 AM
Chhattisgarh CM delivers 'Bharose Ka Budget' in election year In a desperate bid to retain power as the state goes to polls later this year, Chhattisgarh Chief Minister Bhupesh Baghel presented the final budget of his current regime on Monday amid much fanfare and thumping of desk by Congress legislators in the Assembly. Baghel made a series of announcements to woo every section of society including unemployed youths whom he has provisioned Rs 2500 per month as unemployment allowance. The total annual outlay for the fiscal 2023-24 has been kept at...
Chhattisgarh CM delivers 'Bharose Ka Budget' in election year
Chhattisgarh CM delivers 'Bharose Ka Budget' in election year
Source: IANS
7/03/2023 12:47:15 PM
Himachal Chief Minister wants timely forest clearances for development projects Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Monday urged Union Minister for Environment, Forest and Climate Change Bhupender Yadav for timely forest clearances for expediting ongoing development projects in the state. Sukhu urged him to ensure early forest approvals in a time-bound manner for construction of heliports and green corridors as mandated by the state government for making Himachal 'Green Energy State' by 2025 and other major ongoing projects. The tough ...
Himachal Chief Minister wants timely forest clearances for development projects
Himachal Chief Minister wants timely forest clearances for development projects
Source: IANS
27/02/2023 6:27:51 PM
Dilip Buildcon moves up on transferring 49% stake in DBL Chandikhole Bhadrak Dilip Buildcon is currently trading at Rs. 195.80, up by 2.25 points or 1.16% from its previous closing of Rs. 193.55 on the BSE. The scrip opened at Rs. 196.95 and has touched a high and low of Rs. 197.70 and Rs. 194.70 respectively. So far 15586 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 317.35 on 11-Apr-2022 and a 52 week low of Rs. 187.40 on 01-Jul-2022. Last one week high and low of the scrip stood at...
Dilip Buildcon moves up on transferring 49% stake in DBL Chandikhole Bhadrak
Dilip Buildcon moves up on transferring 49% stake in DBL Chandikhole Bhadrak
Source: Accord Fintech
27/02/2023 11:04:09 AM
Piyush Goyal calls for creation of international network of mentors, investors to strengthen global startup ecosystem Calling for the creation of an international network of mentors, investors and entrepreneurs to strengthen the global startup ecosystem, Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that this network must support and inspire startups, act as a team to facilitate exchange of ideas, best practices and funding mechanisms and promote collaborations in Research and Development. The Minister further said that it is n...
Piyush Goyal calls for creation of international network of mentors, investors to strengthen global startup ecosystem
Piyush Goyal calls for creation of international network of mentors, investors to strengthen global startup ecosystem
Source: Accord Fintech
30/01/2023 1:55:50 PM
India a `bright spot` in world economy currently ; United nation Hamid Rashid The Chief of the Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN-Department of Economic and Social Affairs Hamid Rashid in the World Economic Situation and Prospects 2023 report has said India is a bright spot in the world economy currently and is on a strong footing, projected to grow at 6.7 per cent next year, a very high growth rate relative to other G20 member countries. He stated this is a sustainable growth rate for India. India also has a significant num...
India a `bright spot` in world economy currently ; United nation Hamid Rashid
India a `bright spot` in world economy currently ; United nation Hamid Rashid
Source: Accord Fintech
27/01/2023 10:04:10 AM
Nitin Gadkari meets Japanese delegation, discusses sustainable infra development  Union Minister for Road Transport and Highways Nitin Gadkari met a Japanese delegation led by Masafumi Mori, Special Advisor to the Prime Minister of Japan and the co-chairman of the Joint Committee Meeting for the Mumbai-Ahmedabad National High Speed Rail Project, in the presence of Hiroshi Suzuki, Ambassador of Japan to India, here on Wednesday. Both sides exchanged views and opinions in the field of Road Transport and Logistics service-related road infrastructure and deliberated u...
Nitin Gadkari meets Japanese delegation, discusses sustainable infra development
Nitin Gadkari meets Japanese delegation, discusses sustainable infra development
Source: IANS
26/01/2023 9:54:49 AM
Housing Development Finance Corporation to issue 10-year bonds  India's Housing Development Finance Corp plans to raise at least 30 billion rupees ($370.5 million) through the sale of bonds maturing in 10 years, three merchant bankers said on Monday. The housing finance company has invited coupon and commitment bids from bankers and investors on Tuesday, they added. The issue will also have a greenshoe option to retain an additional 20 billion rupees and will close for subscription later this week. The bonds are rated AAA by CRISIL and ...
Housing Development Finance Corporation to issue 10-year bonds
Housing Development Finance Corporation to issue 10-year bonds
Source: Reuters
23/01/2023 9:25:42 AM
Sri Lanka earns $900 mn from rubber exports in 2022 Sri Lanka has made 327 billion rupees ($900 million) in 2022 by exporting rubber products, the Rubber Development Department said. Director General of the department Madawa Kulasuriya told the media on Saturday that this was a slight drop from 2021 revenue, which was $1 billion, Xinhua news agency reported. However, the South Asian country intends to increase revenue from rubber products to $3 billion by 2025, he said. Major markets for finished rubber products are the US, Germany an...
Sri Lanka earns $900 mn from rubber exports in 2022
Sri Lanka earns $900 mn from rubber exports in 2022
Source: IANS
22/01/2023 9:44:49 AM
HDFC likely to raise at least 30 billion rupees via bonds next week . India's Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant bankers said on Friday. The company plans to raise at least 30 billion rupees ($369.26 million) through bonds maturing in 10 years, they added. The housing financier is likely to invite the coupon bids from investors and bankers next week and is yet to make an official announcement of the issue on an electronic bidding platform. The issue will also have a greenshoe optio...
HDFC likely to raise at least 30 billion rupees via bonds next week .
HDFC likely to raise at least 30 billion rupees via bonds next week .
Source: Reuters
20/01/2023 12:21:28 PM
Centre pumps budgetary allocation for northeastern states  The Indian government has made development of northeast a major priority. Prime Minister Narendra Modi has visited the northeast Region more than 50 times in the last eight years, while various other ministers have also visited the region over 400 times. The government has approved schemes of the Ministry of Development of North Eastern Region (MDoNER) with an outlay of Rs 12,882.2 crore for the balance period of the 15th Finance Commission (2022-23 to 2025-26). According to a pre...
Centre pumps budgetary allocation for northeastern states
Centre pumps budgetary allocation for northeastern states
Source: IANS
20/01/2023 10:22:25 AM
Birsa Munda Airport, Ranchi gets Instrument Landing System The Airports Authority of India has commissioned Facility Performance Category-I Instrument Landing System (ILS) for Runway-31 at its Birsa Munda airport at Ranchi in Jharkhand. According to officials, the new ILS replaced the existing facility that had completed its recommended life span. The airport has been witnessing a steady increase in passenger movement. With a project cost of approximately Rs 5.67 crore, the new ILS has been commissioned with effect from January 9, for operation...
Birsa Munda Airport, Ranchi gets Instrument Landing System
Birsa Munda Airport, Ranchi gets Instrument Landing System
Source: IANS
16/01/2023 1:41:14 PM
`Think-20`, a preparatory meet under `G-20` summit begins today in Bhopal After two international events - 'Pravasi Bharatiya Diwas' and 'Global Investment Summit' in Indore, Madhya Pradesh government will be hosting 'Think-20' - preparatory meetings under 'G-20' summit, in Bhopal from Monday. According to the state government's information, at least 94 representatives from several overseas countries, besides intellectuals, economists and officials will assembled in two-day meeting (Jan 16-17) at Kushabhau Thakre Convention Ce...
`Think-20`, a preparatory meet under `G-20` summit begins today in Bhopal
`Think-20`, a preparatory meet under `G-20` summit begins today in Bhopal
Source: IANS
16/01/2023 11:31:45 AM
Jammu and Kashmir government approves project for revival of silk industry The Jammu and Kashmir government has approved an ambitious project worth Rs 91 crore envisaging revival of silk industry in the UT through technological interventions, officials said on Sunday. The project, which contains end to end interventions - right from availability of mulberry leaves to better seed and worm production, and finally augmentation of reeling facilities - shall double the number of cocoons produced in J&K and boost value addition by establishment of a state-of-the-ar...
Jammu and Kashmir government approves project for revival of silk industry
Jammu and Kashmir government approves project for revival of silk industry
Source: IANS
16/01/2023 10:34:45 AM
Maithan Alloys gains on acquiring 100% stake in Ramagiri Renewable Energy Maithan Alloys is currently trading at Rs. 1056.45, up by 6.30 points or 0.60% from its previous closing of Rs. 1050.15 on the BSE. The scrip opened at Rs. 1050.00 and has touched a high and low of Rs. 1057.00 and Rs. 1050.00 respectively. So far 596 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1594.40 on 12-Apr-2022 and a 52 week low of Rs. 777.65 on 20-Jun-2022. Last one week high and low of the scrip stoo...
Maithan Alloys gains on acquiring 100% stake in Ramagiri Renewable Energy
Maithan Alloys gains on acquiring 100% stake in Ramagiri Renewable Energy
Source: Accord Fintech
16/01/2023 10:29:59 AM
Ahead of S. Jaishankar`s visit, Sri Lanka Prez assures to fully implement 13A Ahead of visit by India's External Affairs Minister S. Jaishankar to Sri Lanka this week, President Ranil Wickremesinghe has assured to fully implement the India-brokered 13th Amendment to the Constitution. Wickremesinghe said that the 13th Amendment, which was proposed to devolve power and solve the ethnic problem between the majority Sinhalese and the minority Tamils, would be implemented not only in the war-ravaged North but in the Sinhala majority South as well. The Sri Lankan P...
Ahead of S. Jaishankar`s visit, Sri Lanka Prez assures to fully implement 13A
Ahead of S. Jaishankar`s visit, Sri Lanka Prez assures to fully implement 13A
Source: IANS
16/01/2023 9:41:44 AM
Construction of US semiconductor plant on track: Samsung CEO Kyung Kye-hyun The construction of a new semiconductor plant in Taylor, Texas was going smoothly and will be completed within this year as scheduled, Samsung Electronics Chief Executive Kyung Kye-hyun has said. "The construction in Taylor is on track," Kyung, co-CEO at Samsung who is in charge of the tech giant's chip business, wrote in an Instagram post. "The fab will be finished within this year and start producing the best products next year," he added. Kyung also uploade...
Construction of US semiconductor plant on track: Samsung CEO Kyung Kye-hyun
Construction of US semiconductor plant on track: Samsung CEO Kyung Kye-hyun
Source: IANS
16/01/2023 9:08:47 AM
Indian companies likely to raise funds via public issues in 2023 as cash tightens-bankers Fundraising through public issues could see an uptick in 2023 as retail investors bet on attractive interest rates and companies look to diversify their funding portfolio under tightening liquidity conditions, bankers and analysts said. Indian companies raised around 5.38 trillion rupees ($64.95 billion) through private placements in 2022, largely aided by the banking system's massive cash surplus, data showed. Public issues were only to the tune of around 80 billion rupees. ...
Indian companies likely to raise funds via public issues in 2023 as cash tightens-bankers
Indian companies likely to raise funds via public issues in 2023 as cash tightens-bankers
Source: Reuters
29/12/2022 11:21:05 AM
Coromandel International inches up on incorporating wholly owned subsidiary Coromandel International is currently trading at Rs. 902.65, up by 2.65 points or 0.29% from its previous closing of Rs. 900.00 on the BSE. The scrip opened at Rs. 900.00 and has touched a high and low of Rs. 903.95 and Rs. 895.90 respectively. So far 2097 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1094.40 on 01-Sep-2022 and a 52 week low of Rs. 730.00 on 24-Feb-2022. Last one week high and low of the scrip...
Coromandel International inches up on incorporating wholly owned subsidiary
Coromandel International inches up on incorporating wholly owned subsidiary
Source: Accord Fintech
29/12/2022 10:13:11 AM
Income tax exemption limit likely to be enhanced to Rs 5 lakh in budget The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the forthcoming budget for 2023-24, sources privy to developments said. The move, if it fructifies, may leave more disposable income in the hands of consumers. It will also boost consumption, which may also lead to an economic recovery, sources said. As of now, the maximum slab of income which is not chargeable to income tax is Rs 2.5 lakh. For persons in the age bracke...
Income tax exemption limit likely to be enhanced to Rs 5 lakh in budget
Income tax exemption limit likely to be enhanced to Rs 5 lakh in budget
Source: IANS
29/12/2022 9:32:17 AM
SWIFT`s Vikesh Patel to lead Cboe Clear Europe SWIFT executive Vikesh Patel has been named President of Cboe Clear Europe, a pan-European central counterparty offering clearing services to 47 trading venues. Patel, who will join the company in early 2023, replaces Cecile Nagel, who stepped down from the role in September this year. Patel comes on board with over 15 years of experience in financial market infrastructure and is joining from SWIFT, where he was most recently Head of Securities with responsibility for leading its securi...
SWIFT`s Vikesh Patel to lead Cboe Clear Europe
SWIFT`s Vikesh Patel to lead Cboe Clear Europe
Source: IANS
29/12/2022 9:28:52 AM
Delhi government to take over existing DMRC e-bus fleet Delhi government will soon take over the existing Delhi Metro Rail Corporation (DMRC) electric bus fleet to strengthen last mile connectivity after the Cabinet recently approved the decision. Delhi government will take over 100 existing e-buses and also operate additional 380 feeder e-buses under its transport department in 2023. DMRC has been operating feeder e-buses in East and North clusters since December 2019, from the Shastri Park and Majlis Park depots. These buses will be run by...
Delhi government to take over existing DMRC e-bus fleet
Delhi government to take over existing DMRC e-bus fleet
Source: IANS
28/12/2022 3:07:43 PM
Move from women empowerment to women-led development: President Droupadi Murmu Stating that larger participation of women results in better overall development, President Droupadi Murmu on Tuesday called for quickly moving ahead from the phase of empowering women to the stage of women-led development. "We should quickly move ahead from the phase of empowering women to the stage of women-led development. It is already happening in many fields. It must happen in a much bigger way," she said in her address to the probationers of the 74th batch of the Indian Po...
Move from women empowerment to women-led development: President Droupadi Murmu
Move from women empowerment to women-led development: President Droupadi Murmu
Source: IANS
28/12/2022 3:03:16 PM
Telangana launches 10th phase of Rythu Bandhu The Telangana government on Wednesday launched the 10th phase of Rythu Bandhu, the investment support scheme for farmers. Under this phase, Rs 7,676 crore will be deposited in the bank accounts of 70.54 lakh farmers towards investment support for Yasangi season. The state's Finance Minister, T. Harish Rao said on the first day Rs 607.32 crore was deposited in the accounts of 21,02,822 farmers holding up to one acre of land. The investment support is being disbursed at a rate of R...
Telangana launches 10th phase of Rythu Bandhu
Telangana launches 10th phase of Rythu Bandhu
Source: IANS
28/12/2022 1:59:08 PM
Direct flight operations to start soon from Bhubaneswar to Dubai, Singapore, Bangkok The Odisha cabinet on Tuesday approved a proposal to commence direct flight operations to Dubai, Singapore, and Bangkok from Bhubaneswar. Briefing mediapersons here, Odisha Chief Secretary S.C. Mohapatra said that IndiGo will start 186-seater direct flight operations from the Biju Patnaik International Airport to Dubai, Singapore and Bangkok. The state government will bear all the expenditure towards the direct flight operations from Bhubaneswar to the above-mentioned international dest...
Direct flight operations to start soon from Bhubaneswar to Dubai, Singapore, Bangkok
Direct flight operations to start soon from Bhubaneswar to Dubai, Singapore, Bangkok
Source: IANS
28/12/2022 9:37:38 AM
Gold holds tight range as investors await fresh cues Gold eased on Wednesday as the U.S. dollar rose, but prices moved in a tight range in subdued trading due to the lack of any fresh triggers. Spot gold was down 0.2% at $1,810.57 per ounce as of 0532 GMT. U.S. gold futures fell 0.2% to $1,818.60. Gold is seeing limited price action as trading activity is light ahead of the New Year holiday and there is no major economic data scheduled this week, said Hareesh V., head of commodity research at Geojit Financial Services. The dollar index...
Gold holds tight range as investors await fresh cues
Gold holds tight range as investors await fresh cues
Source: Reuters
28/12/2022 8:57:08 AM
First 10 hotels in the world to attain `LEED Zero Carbon Certification` from ITC Hotels Group Paving the way for the global hospitality industry, in a one of its kind remarkable feat, 10 properties of the ITC Hotels Group have attained "Net Zero Carbon Status" by achieving coveted "LEED Zero Carbon Certification" by USGBC (United States Green Building Council). This achievement reaffirms ITC Hotels' commitment to responsible luxury and sustainability. Already, ITC Hotels is the world's largest chain with the maximum number of LEED Platinum certified prop...
First 10 hotels in the world to attain `LEED Zero Carbon Certification` from ITC Hotels Group
First 10 hotels in the world to attain `LEED Zero Carbon Certification` from ITC Hotels Group
Source: IANS
27/12/2022 3:59:18 PM
Aurobindo Pharma gains after its JV receives SEC recommendation for pneumococcal 15 valent vaccine Aurobindo Pharma is currently trading at Rs. 442.75, up by 5.50 points or 1.26% from its previous closing of Rs. 437.25 on the BSE. The scrip opened at Rs. 440.40 and has touched a high and low of Rs. 444.80 and Rs. 438.40 respectively. So far 102108 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 742.25 on 11-Jan-2022 and a 52 week low of Rs. 434.40 on 26-Dec-2022. Last one week high and low of the scrip stood ...
Aurobindo Pharma gains after its JV receives SEC recommendation for pneumococcal 15 valent vaccine
Aurobindo Pharma gains after its JV receives SEC recommendation for pneumococcal 15 valent vaccine
Source: Accord Fintech
27/12/2022 3:17:07 PM
Samsung raises over $10 mn for Global Goals Samsung Electronics announced that it has reached a significant milestone to advance the Sustainable Development Goals (SDGs), or the Global Goals, with a contribution of more than $10 million to the UN Development Programme (UNDP). The funding, which came from the Samsung Global Goals application, will help UNDP in promoting resilience and accelerating global growth, the company said in a blogpost on Sunday. The Global Goals, which were established by the UN in 2015, provide a common b...
Samsung raises over $10 mn for Global Goals
Samsung raises over $10 mn for Global Goals
Source: IANS
27/12/2022 2:53:27 PM
Godrej Properties jumps on entering into joint venture with Neelkamal Realtors Tower Godrej Properties is currently trading at Rs. 1224.30, up by 17.75 points or 1.47% from its previous closing of Rs. 1206.55 on the BSE. The scrip opened at Rs. 1223.95 and has touched a high and low of Rs. 1235.75 and Rs. 1209.80 respectively. So far 7143 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2012.70 on 18-Jan-2022 and a 52 week low of Rs. 1130.20 on 20-Jun-2022. Last one week high and low of the scrip...
Godrej Properties jumps on entering into joint venture with Neelkamal Realtors Tower
Godrej Properties jumps on entering into joint venture with Neelkamal Realtors Tower
Source: Accord Fintech
27/12/2022 1:42:52 PM
S. Jaishankar beefs up preparations for G20, all ministries on board Aiming for the success of G20 summit next year, Union Minister for External Affairs S. Jaishankar especially addressed the Spokespersons, Panelists and media coordinators on G20 and International issues today at the BJP headquarters. According to sources, "Jaishankar gave mantra to BJP spokespersons today. In the present circumstances, G20 is a big opportunity for India, public participation has to be increased in this. The Minister asked the spokespersons to take the spirit of G20 to...
S. Jaishankar beefs up preparations for G20, all ministries on board
S. Jaishankar beefs up preparations for G20, all ministries on board
Source: IANS
27/12/2022 11:16:57 AM
Bangladesh , Asian Development Bank ink loan deals worth $627mn for development, climate projects The Asian Development Bank (ADB) and the Bangladesh government have signed loan agreements worth $627 million for the implementation of development and climate resilience projects. Sharifa Khan, secretary of the Economic Relations Division, and Jiangbo Ning, deputy country director and officer-in-charge of Bangladesh resident mission of the ADB, signed the agreements on behalf of their respective sides, Xinhua news agency quoted a statement from the Manila-based lender as saying. The AD...
Bangladesh , Asian Development Bank ink loan deals worth $627mn for development, climate projects
Bangladesh , Asian Development Bank ink loan deals worth $627mn for development, climate projects
Source: IANS
27/12/2022 11:01:40 AM
Dev Information Technology trades jubilantly on selling 5.45% stake in Dev Accelerator Dev Information Technology is currently trading at Rs. 125.05, up by 14.50 points or 13.12% from its previous closing of Rs. 110.55 on the BSE. The scrip opened at Rs. 127.00 and has touched a high and low of Rs. 132.65 and Rs. 121.05 respectively. So far 20943 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 143.90 on 28-Nov-2022 and a 52 week low of Rs. 51.53 on 04-Mar-2022. Last one week high and low of the sc...
Dev Information Technology trades jubilantly on selling 5.45% stake in Dev Accelerator
Dev Information Technology trades jubilantly on selling 5.45% stake in Dev Accelerator
Source: Accord Fintech
27/12/2022 10:57:08 AM
Jio True 5G services now available in Andhra Pradesh Reliance Jio on Monday announced it has launched True 5G services in Andhra Pradesh. The 5G services were launched in Tirumala, Visakhapatnam, Vijayawada, and Guntur districts. State IT Minister Gudivada Amarnath said that 5G services will bring transformational benefits for the people. "Apart from their existing investment of Rs 26,000 crore, additionally Jio has invested over Rs 6,500 crore for deploying 5G network in Andhra Pradesh and this shows their immense commitment towa...
Jio True 5G services now available in Andhra Pradesh
Jio True 5G services now available in Andhra Pradesh
Source: IANS
27/12/2022 9:37:33 AM
Despite global headwinds, Indian economy among fastest growing in the world: Finance Ministry Despite global economy experiencing several challenges, including the Russia-Ukraine conflict, the slowdown in China, persistently high inflation and tightening financial conditions, India continues to be one of the fastest growing economies in the world, sources in the Finance Ministry have said. As per the World Economic Outlook (WEO) October 2022 report of the IMF, the economies around the world were facing recessionary trends due to the aforementioned reasons. The slowdown of global...
Despite global headwinds, Indian economy among fastest growing in the world: Finance Ministry
Despite global headwinds, Indian economy among fastest growing in the world: Finance Ministry
Source: IANS
26/12/2022 3:50:00 PM
Samsung aims to expand chip production Samsung Electronics is reportedly planning to expand its semiconductor production at its P3 factory in Pyeongtaek, South Korea, which is the company's largest chip manufacturing facility. This move contrasts with the reduction in investment by rival chipmakers, global economic slowdowns and declining demand, reports SamMobile. According to experts in the industry, the tech giant is considering the expansion of its chip production in order to outperform its competitors and support th...
Samsung aims to expand chip production
Samsung aims to expand chip production
Source: IANS
26/12/2022 3:08:55 PM
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association As India rides on 5G with more than 50 cities and towns now enjoying the new technology, the India Cellular and Electronics Association (ICEA) Chairman Pankaj Mohindroo said on Monday that by the end of 2023, 75-80 per cent of the new smartphone launches will be 5G-enabled. The 5G services were launched by Prime Minister Narendra Modi on October 1. Telecom service providers have launched the service in select cities and plan to cover the entire nation by the end of 2023 or early 2024. ...
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association
80% of new smartphones will be 5G-enabled in India by 2023: India Cellular and Electronics Association
Source: IANS
26/12/2022 12:36:29 PM
Consumer empowerment going to be paramount feature of developed India: Piyush Goyal Calling for keeping consumers at the centre of all the initiatives, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has emphasized that the consumer empowerment is going to be a paramount feature of a developed India. The Union Minister also applauded the Consumer Affairs Department for launching various initiatives and for their outstanding achievements.  He also appreciated the Consumer Commissions across the country fo...
Consumer empowerment going to be paramount feature of developed India: Piyush Goyal
Consumer empowerment going to be paramount feature of developed India: Piyush Goyal
Source: Accord Fintech
26/12/2022 12:21:18 PM
Focus in 2023 will be on boosting raw material supplies, producing more special grade steel: Faggan Singh Kulaste Union minister Faggan Singh Kulaste has said that with increasing steel production in the country, the focus in 2023 will be on boosting raw material supplies and producing more special grade steel. He noted that India produced 113.43 million tonne of crude steel in January-November 2022, which is a 10 per cent higher compared to the year-ago period. He also said the government aims to double the country's annual crude steel making capacity to 300 MT from 150 MT at present. The ministe...
Focus in 2023 will be on boosting raw material supplies, producing more special grade steel: Faggan Singh Kulaste
Focus in 2023 will be on boosting raw material supplies, producing more special grade steel: Faggan Singh Kulaste
Source: Accord Fintech
26/12/2022 11:41:50 AM
India`s forex reserves drops USD 571 million to USD 563.5 billion After rising for five consecutive weeks, India's forex kitty dropped USD 571 million to USD 563.499 billion for the week ended December 16, according to RBI data released on Friday. In the previous reporting week, the overall reserves had swelled USD 2.91 billion to USD 564.06 billion, making it the fifth straight week of an increase in the kitty after a protracted decline. In October 2021, the country's foreign exchange kitty had reached an all-time high of USD 645 billion. The re...
India`s forex reserves drops USD 571 million to USD 563.5 billion
India`s forex reserves drops USD 571 million to USD 563.5 billion
Source: Dion Global Solutions Ltd
26/12/2022 11:16:39 AM
Indiabulls Real Estate spurts on divesting entire stake in subsidiaries Indiabulls Real Estate is currently trading at Rs. 76.45, up by 2.25 points or 3.03% from its previous closing of Rs. 74.20 on the BSE. The scrip opened at Rs. 74.50 and has touched a high and low of Rs. 77.45 and Rs. 74.10 respectively. So far 231883 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 177.40 on 12-Jan-2022 and a 52 week low of Rs. 58.05 on 06-Jul-2022. Last one week high and low of the scrip stood ...
Indiabulls Real Estate spurts on divesting entire stake in subsidiaries
Indiabulls Real Estate spurts on divesting entire stake in subsidiaries
Source: Accord Fintech
26/12/2022 10:44:38 AM