Coal India Limited has partnered with IIT (ISM) Dhanbad and TEXMiN to establish the IMiN - Innovation on Mining Center of Excellence.
A total of 6,270 shares changed hands on the counter till 11:01AM (IST).
The 30-share BSE Sensex was up 247.51 points at 82382.12
Cognizant plans to sell its Chennai headquarters, a 15-acre site on the IT Corridor, after more than two decades. The sale, estimated to raise Rs 750 crore to Rs 800 crore, aligns with the company's consolidation strategy. The sale is expected to conclude by December 2024, the process is being facilitated by JLL and involves local developers.
Vadhvan Port Inauguration: Prime Minister Narendra Modi laid the foundation stone for Vadhvan Port in Maharashtra's Palghar, a project valued at Rs 76,000 crores. Expected to be operational by 2030, the port aims to enhance India's maritime capabilities and global trade, generating around 12 lakh jobs and revitalizing the local economy.
The 30-share BSE Sensex was up 215.26 points at 82349.87
The ShiromAkali Dal (SAD) Delhi has served a legal notice to the CBFC over Kangana Ranaut's film "Emergency." They seek to prevent its release, citing misrepresentation of Sikh community and historical facts. The notice criticizes the film for promoting hatred, requesting CBFC to revoke its certification within seven days or face legal action.
The crypto market faces another downturn, with Bitcoin, Ethereum, and Solana among the major cryptocurrencies seeing significant declines. However, strategic investors view this dip as a buying opportunity. Presale tokens like Pepe Unchained, Crypto All-Stars, and The Meme Games are being highlighted for their potential to capitalize on market recovery.
A study in The Lancet Global Health journal reveals that people in India, across all age groups and genders, are consuming inadequate amounts of vital micronutrients like iron, calcium, and folate. This deficiency trend was observed globally, with over five billion individuals lacking sufficient iodine, vitamin E, and calcium intake. The findings highlight a significant public health concern.
SpiceJet shares dropped 6.4% after the Directorate General of Civil Aviation imposed enhanced surveillance due to identified deficiencies. The audit uncovered operational issues and financial stress. Despite previous fundraising efforts, the airline still faces financial challenges, including defaulting on vendor payments. SpiceJet's revenue and net profit have also declined significantly.
Following the speedy merger of Vistara with Air India, passengers will only be able to book tickets till September 3 for flights that will be operating till November 11.
A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment.
The 30-share BSE Sensex was up 246.31 points at 82380.92
NASA astronaut Jonny Kim will join Roscosmos cosmonauts Sergey Ryzhikov and Alexey Zubritsky on an eight-month mission to the ISS in March 2025. They will perform scientific research and technology demonstrations. Sunita Williams will extend her stay until February 2025, returning later aboard a Dragon spacecraft.
A total of 4,433 shares changed hands on the counter till time (IST).
A long buildup occurs when OI and trading volumes increase alongside a rise in the underlying stock price in the F&O segment, signaling a bullish market. 5 stocks saw fresh long positions. Here’s the list.
Chatbot startup Character.AI has laid off at least 5% of its workforce, mainly in marketing and recruiting, to align with a new focus on personalized AI products. The company recently signed a deal with Google for a non-exclusive license to its language model technology and will receive additional funding from the tech giant.
Crops that can withstand climate disruptions and give high yield are necessary for food security and to improve farmers’ income. But there aren't enough efforts to ensure these are sown on the ground.
A total of 19,793 shares changed hands on the counter till 10:30AM (IST)
Saturday bank holiday: The fifth Saturday of the month is an additional banking day in India, along with the first and third Saturdays. However, this is contingent upon particular holidays or closures. Read on to find out if this Saturday is a bank holiday.
Realty firm Prestige Estates Projects Ltd has launched a plan to raise up to Rs 5,000 crore through a Qualified Institutional Placement (QIP). The floor price for the equity shares has been set at Rs 1,755.09 per share. Recently, the company reported a 13% decline in net profit for the June quarter due to higher expenses.
Sugar Stocks: Shares of sugar and ethanol production companies surged on BSE following the government's decision to allow sugar mills to use cane juice or syrup for ethanol production starting November 1, 2024. This policy shift aims to boost renewable energy usage and reduce fossil fuel dependence.
We are finally seeing increased market breadth translate into increased price breadth and despite some of the heavyweight names being down in today's session, the overall market still held up okay and a lot of stocks did well.
According to a survey done using satellite and drone data, nearly 75% of Delhi's Yamuna floodplains have been encroached upon. Despite the Delhi Development Authority's efforts, only about 400 hectares have been reclaimed in the past two years. Legal actions and new monitoring technologies are being deployed to address the issue.
BJP MP Kangana Ranaut condemned SAD President Simranjit Singh Mann for trivializing rape in his recent remarks. She highlighted the deep-rooted issues of patriarchy and violence against women in India. The controversy erupted following Ranaut's comments on the farmers' protests, which Mann responded to in a derogatory manner.
