BSNL selects Route Mobile to deploy SMS Firewall across South & West Zones
Wed, Nov 25, 2020 3:29 PM

BSNL selects Route Mobile to deploy SMS Firewall across South & West Zones

Route Mobile Limited today announced a contract win with Bharat Sanchar Nigam Limited (BSNL), to deploy its SMS Firewall Platform across the Southern and Western Zones in India. Route Mobile will provide enhanced control and security over BSNL user's SMS traffic, subscriber protection and the monetisation of SMS traffic terminating over their network.

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Praj Industries sign MoU with Govt to set up multiple CBG Plants
Wed, Nov 25, 2020 3:09 PM

Praj Industries sign MoU with Govt to set up multiple CBG Plants

Praj Industries was in focus on Wednesday after the company signed a MoU with Ministry of Petroleum & Natural Gas to set up and commissioning of multiple numbers of eligible and qualified CBG Plant. Praj Industries Limited is a process and project engineering company, headquartered in Pune, Maharashtra, India, with offices in South Africa, North America, Latin America, Thailand and Philippines.

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JSW Cement arm to invest over Rs 1,500 cr to set up clinker unit in Odisha
Wed, Nov 25, 2020 2:56 PM

JSW Cement arm to invest over Rs 1,500 cr to set up clinker unit in Odisha

JSW Cement arm Shiva Cement on Wednesday said it will invest over Rs 1,500 crore to set up a clinker unit at Sundergarh in Odisha. The plant will have an annual capacity of 1.36 million tonne, the company said in a regulatory filing. This project also includes setting up of a 1 MTPA grinding unit; 8 MW waste heat recovery power plant; 4 MTPA crushing plants at its dolomite and limestone mines.

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LVB shares rise after Cabinet approves merger with DBS India
Wed, Nov 25, 2020 2:54 PM

LVB shares rise after Cabinet approves merger with DBS India

Shares of Lakshmi Vilas Bank (LVB) looked up for the first time in seven sessions on Wednesday, after ET Now reported that the Cabinet has approved the lender’s merger plan with DBS India. In reaction, the LVB shares reversed early losses, and rose 2.05 per cent at Rs 7.45, while benchmark Sensex was down 0.40 per cent at 44,343.98 points.

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HDFC Ltd to acquire 19.9% stake in Renaissance Investment Solutions ARC
Wed, Nov 25, 2020 2:53 PM

HDFC Ltd to acquire 19.9% stake in Renaissance Investment Solutions ARC

Mortgage lender HDFC Ltd on Wednesday said it will acquire nearly 20 percent stake in Renaissance Investment Solutions ARC (asset reconstruction company) Private Ltd for Rs 49.8 lakh. HDFC Ltd on Wednesday entered into agreements for investment in Renaissance Investment Solutions ARC Private Limited, the company said in a regulatory filing.

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FII inflows cross Rs 50K cr in a month for the first time
Wed, Nov 25, 2020 8:00 AM

FII inflows cross Rs 50K cr in a month for the first time

For the first time, buying by foreign institutional investors (FIIs) has crossed Rs 50,000 crore in a month in November. Till November 24, FIIs have bought equities worth Rs 50,501.07 crore and on Tuesday they bought equities worth Rs 4,563.18 crore. They have pumped in approximately Rs 50,989 crore in November itself and have invested approximately Rs 1.31 lakh crore in India year to date.

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Top 5 Benefits Of Using The Indiabulls Dhani App
Wed, Nov 25, 2020 2:43 AM

Top 5 Benefits Of Using The Indiabulls Dhani App

Dhani is a one stop shop for all your healthcare & financial needs. The key benefits of using this app are: [1] Instant personal loan [2] 24*7 online doctor consultation [3] 5% cashback on phone recharge, petrol, shopping, utility bills, hotel bookings etc. [4] Affordable medical insurance, and finally [5] Unlimited trading with Dhani demat and trading account with just INR 500 per month!

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After NSE, BSE declares Karvy Stock Broking as defaulter
Wed, Nov 25, 2020 2:32 AM

After NSE, BSE declares Karvy Stock Broking as defaulter

The BSE followed the National Stock Exchange suit and terminated the brokerage membership of Karvy Stock Broking with effect from Tuesday. The leading stock exchange said investors having any outstanding claims against the brokerage can file their claims with the exchange within 90 days from the date of issue of the notice (by February 22, 2021).

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Ingersoll-Rand's OFS subscribed 2.7 times by non-retail investors
Wed, Nov 25, 2020 2:25 AM

Ingersoll-Rand's OFS subscribed 2.7 times by non-retail investors

Ingersoll-Rand’s offer for sale (OFS) was subscribed 2.7 times by non-retail investors on Tuesday. The OFS opens for retail investors on Wednesday. Bids for a total of over 3.5 million shares were received for an offer size of 1.28 million shares for non-retail investors. The floor price for the OFS was set at Rs 578.60 per share, a 12% discount to the stock’s closing price of Rs 657.5 on Monday.

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The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich
Wed, Nov 25, 2020 1:26 AM

The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich

Forget the old concept of retirement and the rest of the deferred-life plan - there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, this classic book is the blueprint.

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How to Make Money in Intraday Trading | FlipItBooks
Wed, Nov 25, 2020 1:08 AM

How to Make Money in Intraday Trading | FlipItBooks

A master class on making money in day trading by one of India’s most famous traders. In his trademark blunt style and laced with wry throwaway humour, Ashwani Gujral cuts through the clutter and awe surrounding day trading, sharply zeroing in on the skills, methods and abilities which spell success in this most challenging and rewarding of endeavours. This book is a must read!

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Tesla hits $500 bn-mark after soaring 547% this year
Tue, Nov 24, 2020 9:20 PM

Tesla hits $500 bn-mark after soaring 547% this year

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Tuesday. Shares of the electric vehicle company have soared this year, rising nearly 550%, with gains accelerating over the past week.

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Coal India to setup 3 GW solar power projects worth Rs 5,650 crore by 2024
Tue, Nov 24, 2020 9:15 PM

Coal India to setup 3 GW solar power projects worth Rs 5,650 crore by 2024

Coal India (CIL) will set up 14 rooftop and ground-mounted solar power projects of 3,000 MW (3 GW) capacity worth Rs 5,650 crore by 2023-24. This is part of its goal to become a net-zero carbon company, it told the exchanges on November 23. Of the Rs 5,650 crore investment, Rs 3,650 crore is planned from CIL’s capex till 2023-24, while the rest will be funded through joint venture models.

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Ruchi Soya disposes shares of subsidiary for Rs 100
Tue, Nov 24, 2020 9:13 PM

Ruchi Soya disposes shares of subsidiary for Rs 100

Edible oil firm Ruchi Soya Industries, which is owned by Patanjali Ayurved, on Tuesday, informed bourses that it has sold the shares of its subsidiary Ruchi Worldwide to Sanatan Multi Skill Development and Education for Rs 100. The sale of the unit is as per the court-approved resolution plan. The company said Ruchi Worldwide's net worth was negative Rs 1,009.68 crore as on March 31, 2019.

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upGrad acquires The GATE Academy, forays into test-preparation space
Tue, Nov 24, 2020 6:07 PM

upGrad acquires The GATE Academy, forays into test-preparation space

Online education firm upGrad on Nov 24 entered the test preparation space with the acquisition of The Gate Academy for an undisclosed amount. Data shows that just the government exam preparation market sees 40 million applicants every year spending about Rs 10,000, thus opening up a new Rs 40,000 crore market for upGrad. UpGard has an series of mergers and acquisitions planned for next 3 months.

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