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Top / Business Standard

Rains, festive season, high fuel prices send veggie prices soaring

The Centre has claimed it is keeping tab on the prices and even announced that it has maintained a buffer stock to moderate prices and ensuring minimal storage loss.

18 Oct 2021 6:00 pm
GPT Healthcare files draft IPO papers with Sebi; may raise up to Rs 500 cr

Proceeds from the fresh issuance of shares will be used to purchase medical equipment and general corporate purposes.

18 Oct 2021 5:59 pm
Govt receives around Rs 814 cr from 5 CPSEs as dividend this fiscal

The government has received nearly Rs 814 crore as dividend tranches from five CPSEs, including PFC, HUDCO and OIL, this fiscal year, DIPAM secretary said on Monday. Dividend tranches of about Rs 296 crore and Rs 233 crore have been received respectively from PFC and HUDCO, DIPAM Secretary Tuhin Kanta Pandey tweeted. OIL, KIOCL and SJVN have paid about Rs 92 crore, Rs 99 crore and Rs 94 crore respectively as dividend tranches to the government, he added. As per the Department of Investment and P

18 Oct 2021 5:57 pm
India pushing to get LIC IPO done on time: FM Sitharaman

Finance Minister announced plans to sell shares in the insurer in February 2020, but pandemic slowed the process

18 Oct 2021 5:56 pm
Market Wrap Podcast, Oct 18: Here's all that happened in the markets today

Extending their winning streak into seventh straight session, benchmark indices closed at record closing peaks for the sixth day in a row amid stellar buying in PSU bank, metals, and IT stocks

18 Oct 2021 5:47 pm
PM to inaugurate Kushinagar international airport on Wednesday

Kushinagar is an international Buddhist pilgrimage centre

18 Oct 2021 5:34 pm
Recovery tracker: Slowdown in power generation, freight activity

Essential shopping up with rising pharmacy and grocery visits

18 Oct 2021 5:33 pm
Hong Kong Market gains on China policy easing bets

At closing bell, the benchmark Hang Seng Index advanced 0.31%, or 78.79 points, to 25,409.75. The Hang Seng China Enterprises Index grew slight 0.06%, or 5.23 points, to 8,971.40.

18 Oct 2021 5:22 pm
India, Israel agree on mutual recognition of Covid vaccination certificates

This development was announced during Jaishankar's three-day visit to Israel.

18 Oct 2021 5:17 pm
China's Communist Party to hold key meet in Nov ahead of leadership change

The 19th Communist Party of China (CPC) Central Committee will hold its sixth plenary session in Beijing from November 8 to 11

18 Oct 2021 5:15 pm
Ranjit Singh murder case: Dera chief and four others get life imprisonment

A fine of Rs 31 lakh has been levied on Gurmeet Ram Rahim and Rs 50,000 on the remaining accused

18 Oct 2021 5:03 pm
Indian Rupee settles 9 paise lower at 75.35 against US Dollar

The rupee ended 9 paise lower at 75.35 (provisional) against the US dollar on Monday, tracking stronger greenback against key rivals overseas and rising global crude oil prices. At the interbank forex market, the local unit opened on a steady note and later traded in a narrow range of 75.24 to 75.38 against the American currency. On Thursday, the rupee had settled at 75.26 against the US dollar. The forex market was closed on Friday for Dussehra' holiday. Meanwhile, the dollar index, which gauge

18 Oct 2021 4:57 pm
Sale of Air India will constitute an 'important milestone': IMF official

The International Monetary Fund on Monday said the sale of national carrier Air India will constitute an important milestone in India's privatisation efforts. Tata group has emerged as the winning bidder for the loss-making Air India, and on October 11, a letter of intent (LoI) was issued to the group. We welcome the recent agreement on the sale of Air India, which constitutes an important milestone, Alfred Schipke, Director of IMF-STI Regional Training Institute and a former IMF India Mission C

18 Oct 2021 4:56 pm
Facebook plans to hire 10,000 in Europe to build 'metaverse'

The company said in a blog post Sunday that those high-skilled workers will help build the metaverse, a futuristic notion for connecting online that uses augmented and virtual reality.

18 Oct 2021 4:55 pm
Wettest October in Delhi since 1960; over 94 mm of rainfall so far

The month of October this year has been the wettest in the city since 1960, when the national capital had recorded 93.4 mm of rainfall.

18 Oct 2021 4:53 pm
After a spate of attacks, panicked non-local workers flee Kashmir

A group of non-local workers on Monday gathered at the Srinagar railway station to go back to their native states.

18 Oct 2021 4:44 pm
BS Number Wise: When Sebi tries to ensure you get a piece of that hot IPO

An analysis of some trends in other markets suggests that it could be swimming against the tide

18 Oct 2021 4:43 pm
Amid violence, ISKCON urges Bangladesh govt to ensure minorities' safety

A series of attacks on minority religious places in Bangladesh took place.

18 Oct 2021 4:41 pm
Market rises for 7th session, Nifty settles near 17,480; Infy jumps over 4%

The equity benchmarks rose for the seventh consecutive session and settled at record closing levels on Monday. The gains were powered by metals, power and IT stocks.

18 Oct 2021 4:27 pm
Auditor resignations continue to trickle in with 15 exits since April

On average, one auditor of a listed company has prematurely resigned every two weeks this financial year; pace seems to have picked up in September with 5 departures

18 Oct 2021 4:22 pm
Rich Delhi and Tamil Nadu homes make biggest shift towards electric cooking

CEEW study found that penetration of e-cooking was 10.3% in urban homes, and just 2.7% in rural. Overall, just 5% of households across the country have shifted to this mode of preparing meals

18 Oct 2021 4:20 pm
Wall Street banks set to profit again when Fed withdraws pandemic stimulus

The Fed has been buying up government-backed bonds since March 2020, adding $4 trillion to its balance sheet, as part of an emergency response to the COVID-19 pandemic.

18 Oct 2021 4:17 pm
India to push for lower price at CERAWeek as crude oil crosses $70 a barrel

India will be anchoring the international meeting, which will be attended by representatives from the world's largest oil producer, Saudi Arabia and Opec

18 Oct 2021 4:15 pm
Maharashtra: Uddhav, Pawar meet to discuss farmer issues, Covid relaxations

As cinema halls are scheduled to open from October 22 in the state, cinema owners and exhibitors association met the Chief Minister.

18 Oct 2021 4:14 pm
Japan Nikkei falls on profit booking

At closing bell, the 225-issue Nikkei Stock Average fell 43.17 points, or 0.15%, to 29,025.46. The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined 4.70 points, or 0.23%, to 2,019.23. Trading volume turnover on the main section stood at 1.08 billion shares worth 2.53 trillion yen.

18 Oct 2021 4:14 pm
Schools to reopen for Classes 1 to 5, announcement soon: Karnataka CM

With COVID-19 cases declining, the government had reopened schools for students of classes 6 to 8 from September 6, and for students of classes 9 to 12 from August 23.

18 Oct 2021 4:13 pm
UltraTech Q2 net profit flat at Rs 1,310 cr, revenue rises 16%

During the quarter, UltraTech's consolidated sales volume was at 21.64 million metric tons, registering a year-on-year growth of 8%

18 Oct 2021 4:08 pm
O.P. Jindal Global University launches 17 New UG and PG Degree Programmes towards implementing the NEP 2020

Sonipat (Haryana) [India], October 18 (ANI/OP Jindal University): O.P. Jindal Global University (JGU) has launched 17 new UG and PG degree programmes spanning across 12 schools for the academic session beginning in 2022.

18 Oct 2021 4:00 pm
Texila American University is a top choice to pursue medical studies abroad

Bengaluru (Karnataka) [India], October 18 (ANI/PRNewswire): Texila American University (TAU) has produced nearly 1,500 Physicians and Health Care Professionals across the world in its 10 years of contribution to medical & healthcare education and research who have gone into various communities and society to serve the public at large.

18 Oct 2021 4:00 pm
European Union says exports of Covid-19 vaccines now top 1 billion mark

EU Commission President Ursula von der Leyen said the vaccines have been sent to over 150 nations, making the 27-member bloc the largest exporter of the vaccines in the world.

18 Oct 2021 3:53 pm
Hyderabad-based Penna Cement gets Sebi nod for Rs 1,550 crore IPO

The IPO includes fresh issue of Rs 1,300 crore and anoffer for sale of up to Rs 250 crore by its promoter PR Cement Holdings, which currently holds 33.41% stake in the company

18 Oct 2021 3:49 pm
India, Israel agree to resume negotiations on FTA from next month

In order to ease travel between the two countries amidst the COVID pandemic, India and Israel have also agreed to mutually recognise vaccination certificates.

18 Oct 2021 3:48 pm
Mandate creation through UPI dips in sync with muted IPO show in September

Some 3.03 million mandates were created through UPI, down 48.3% over last month, according to NPCI data

18 Oct 2021 3:33 pm
Mold-Tek Packaging opens 11th manufacturing plant in Unnao, Uttar Pradesh

Mold-Tek Packaging inaugurated its 11th manufacturing plant at Unnao, Kanpur, Uttar Pradesh on 17 October 2021 mainly to cater to the plastic packaging containers requirement of Kansai Nerolac Paints and other clients in the Northern Region.

18 Oct 2021 3:26 pm
Hindalco jumps after foreign brokerage hikes target price

Hindalco Industries rose 5.16% to Rs 542.65 after a foreign broker reportedly reiterated its outperform rating on the stock and raised target price to Rs 640 from Rs 555 earlier.

18 Oct 2021 3:21 pm
Edtech giant Byju's appoints ex-Tata exec Mukut Deepak as Head of Business

Deepak, who was earlier Chief Business Development Officer at Tata Sky, will be responsible for expanding and leading the flagship business for the class 4 to 10 segment

18 Oct 2021 3:16 pm
CBSE Term 1 date sheet to be released today: Know about 10th, 12th exams

CBSE date sheet 2021: CBSE class 10 and CBSE class 12 first term exams will be held offline in November-December. All you need to know

18 Oct 2021 3:13 pm
Director of Dangal launches a new book 'The Wielder Of The Trishul'

New Delhi [India], October 18 (ANI/The PRTree): Director of the films Chillar Party, Dangal, and Chhichhore Nitesh Tiwari launched the book titled 'The Wielder Of The Trishul,' which has been written by Satyam Srivastava.

18 Oct 2021 3:00 pm
ProTeen revolutionises digital career counselling in India

Mumbai (Maharashtra) [India], October 18 (ANI/NewsVoir): ProTeen today announced the launch of its next-generation digital and integrated academic and career guidance platform built for high-school and college students to make informed career choices in the 21st-century.

18 Oct 2021 3:00 pm
The Leela Palaces, Hotels, and Resorts announces the opening of the Leela Bhartiya City Bengaluru, Hotel convention Centre, and Private Residences

Bengaluru (Karnataka) [India], October 18 (ANI/PRNewswire): The Leela Palaces, Hotels, and Resorts announced the opening of their second hotel in the Garden City, The Leela Bhartiya City Bengaluru.

18 Oct 2021 3:00 pm
World shares dip as China growth disappoints, oil extends rally

Calls by China's President Xi Jinping on Friday to make progress on a long-awaited property tax to help reduce wealth gaps also soured the mood.

18 Oct 2021 2:47 pm
Smartphone producer Foxconn announces electric car venture

The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. He said the clients can modify their appearance and features for their markets. Foxconn, also known as Hon Hai Precision Industry Co., enters a crowded global market wi

18 Oct 2021 2:46 pm
Sharika Enterprises Ltd leads losers in 'B' group

Antony Waste Handling Cell Ltd, Arshiya Ltd, NRB Industrial Bearings Ltd and Lasa Supergenerics Ltd are among the other losers in the BSE's 'B' group today, 18 October 2021.

18 Oct 2021 2:45 pm
Ronaldo teams with Singapore tycoon for secretive soccer startup

The startup aims to drive communication and commerce in the worldwide community of four billion fans

18 Oct 2021 2:38 pm
Investors using Zerodha may face issues in selling stocks with CDSL

Investors of online brokerage house Zerodha on Monday said its users might face some problem while executing sell orders due to an issue related to depository CDSL. It tweeted, You may face an issue with authorizing the sale of your stocks due to an issue with CDSL. We are in touch with CDSL to have the issue resolved at the earliest. You can now skip CDSL authorisation if you wish to sell your holdings on Kite until CDSL resolves the authorisation issue. Please make sure to authorise your holdi

18 Oct 2021 2:33 pm
'Rail Roko' affects 130 locations, 50 trains in Punjab, Haryana

The Samyukt Kisan Morcha's six-hour 'rail roko' protest on Monday over the Lakhimpur violence affected 130 locations in the Northern Railway zone and hindered the running of 50 trains

18 Oct 2021 2:31 pm
Volumes soar at SJVN Ltd counter

SJVN Ltd recorded volume of 335.88 lakh shares by 14:19 IST on NSE, a 8.66 times surge over two-week average daily volume of 38.79 lakh shares

18 Oct 2021 2:30 pm
Indian startup funding crosses $10 bn in Q3, first time in any quarter: PwC

The fund raise was twice the amount of funding received in Q3CY20 and an increase of 41% over the Q2CY21 figure

18 Oct 2021 2:29 pm
Balrampur Chini, Triveni, EID Parry at record high; stocks soar up to 20%

According to ICRA, sugar companies are expected to strengthen in FY2022 with expansion in operating profits in addition to sugar inventory reduction and hence curtailment of working capital debt.

18 Oct 2021 2:28 pm
Lupin declines after issuing voluntarily recall of hypertension treatment tablets

Lupin slipped 0.54% to Rs 941 after the company said its US based subsidiary is voluntarily recalling the batches of Irbesartan tablets and Irbesartan and Hydrochlorothiazide tablets to the consumer level.

18 Oct 2021 2:26 pm