Share market update: PSU bank shares advance; OBC surges 16%
The Nifty PSU Bank index was trading 3.39 per cent up at 2577.05 .
Confident of doubling range of the Astra, will be the most lethal air to air missile: DRDO Chief
India is one of the few countries which has its own active and successful BMD programme. All essential technologies required for BMD, like propulsion system, sensors, precision control systems and terminal intercept technology with kill vehicle development have matured and have been proven through various tests, pointed out DRDO Chief G Sateesh Reddy.
Voda Idea surges nearly 100%, Airtel 20% in 3 days; can telecom be a turnaround theme?
Debt-ridden telecom operator did not disclose the quantum of hike in tariff it is planning.
Share market update: FMCG shares trade lower; Godrej Industries down 1%
The Nifty FMCG index was trading 0.52 per cent down at 31,001.65 around 10:46 am.
Share market update: Metal shares decline; Vedanta dips 2%
The Nifty Metal index was trading 0.61 per cent down at 2524.05 around 10:37 am.
Singapore & Italy based companies bid highest for IL&FS’ two road assets
Email queries sent to Cube Highways and Autostrade remained unanswered till as of press time. IL&FS declined to comment on the matter. The IL&FS board is looking to address half of the company’s Rs 97,000-crore debt through asset monetisation. It sold seven wind energy assets to existing partner Orix of Japan for an equity value of Rs 593 crore.
Next couple of years extremely positive for Bharti Airtel: Hemang Jani, Sharekhan
There could be a sense of urgency for some of the institutional investors to own stocks like Bharti.
Can carrot be paired with onion extract? A machine has the answer
Spoonshot uses food science, machine learning and a repository of vast data on food to predict food combinations for FMCG companies. By combining food science and machine learning to predict flavor combination trends, it aims to give companies an early-stage innovation product.
Stock market update: Realty shares advance; Prestige Estates gains 3%
The Nifty Realty index was trading 0.18 per cent up at 278.4 around 10:18 am.
Share market update: Nifty Pharma index up; Cipla rises 2%
The Nifty Pharma index was trading 0.16 per cent up at 7829.05 around 10:12 am.
Tata Steel confirms job cuts of up to 3,000 across European operations
The Indian steel major said the changes were needed to ensure the business can thrive despite severe market headwinds and also accelerate innovation towards carbon-neutral steel making.
Stock market update: IT shares gain; Tata Elxsi climbs 4%
The Nifty IT index was trading 0.16 per cent up at 15,320.35 around 10:05 am.
Amazon offers free music streaming service; rival Spotify slips
Amazon offers paid plans for its music service starting at $9.99 per month. It is also part of its prime bundle. The company launched free version of its music service for Alexa users on Echo devices in September.
Sterling and Wilson solar falls 20% more, but still no buyers
On Monday, more than 2 million shares were on offer to be sold, but there were no buyers.
Kotak World Gold Fund: Fund review
Exposure to gold to the tune of 8-11% of one’s portfolio is one of the ways to mitigate some of concerns surrounding the current uncertainties.
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