Terra's founder Do Kwon: Terra collecting snapshot data for LUNA airdrop
Mon, May 23, 2022 12:54 PM

Terra's founder Do Kwon: Terra collecting snapshot data for LUNA airdrop

For the upcoming LUNA airdrop Terra is collecting data from major exchanges, said Terra's founder, Do Kwon. This comes after the majority ( 61.7%) voted in favor of the hard fork to create a new blockchain. 30% of the new Luna's supply will be distributed amongst the community pool of Luna holders.

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📌Here are 3 takeaways after Power Grid Corporation finalizes dividend
Mon, May 23, 2022 12:50 PM

📌Here are 3 takeaways after Power Grid Corporation finalizes dividend

🔷Power Grid Corp's board has suggested a ₹2.25 apiece final dividend yield, which will be finalized after a nod by the company's shareholders. 🔷 The aforementioned dividend comes in the addition of ₹7 (including a Special Dividend of ₹3.00 a share) declared in Jan'22 and ₹5.50 apiece declared in Mar'22. 🔷The company has provided a net annual dividend of ₹14.75 apiece ( ₹7 + ₹5.50 + ₹2.25).

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Singapore's GIC in discussion to acquire stake in Aditya Birla Fashion
Mon, May 23, 2022 12:50 PM

Singapore's GIC in discussion to acquire stake in Aditya Birla Fashion

Singapore's GIC sovereign wealth fund is in discussion to acquire worth $300 million or about Rs 2,330 crore stake in Aditya Birla Fashion & Retail (ABFRL). The funds secured by the acquisition will be deployed towards growth as the retail sector bounces back after the pandemic. To boost its fashion portfolio, ABFRL has been acquiring premium labels over the last two years.

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Indonesia is ready to restart its palm oil exports
Mon, May 23, 2022 12:45 PM

Indonesia is ready to restart its palm oil exports

After a prohibition of over three weeks, the world's biggest palm oil producer, Indonesia is all set to restart its palm oil exports. However, the oil traders and companies are still waiting for the policy details to secure local supplies of cooking oil and manage its prices accordingly. Further, Indonesia intends to retain 10 million tonnes of edible oil supplies in accordance with the DMO rules.

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Johnnie Walker launched NFTs that comes with rare 48 year old whisky bottle
Mon, May 23, 2022 12:42 PM

Johnnie Walker launched NFTs that comes with rare 48 year old whisky bottle

Johnnie Walker is collaborating with BlockBar to launch a new NFT collection. With each NFT, the company is giving out an extremely rare 48-year-old bottle from the Johnnie Walker Masters of Flavour series. The NFT will cost $35,000 (17.32 ETH), and 7 NTFs out of the collection will entitle owners to an exclusive trip to the Johnnie Walker Princes Street in Edinburgh, Scotland.

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National Oxygen standalone Net Sales at Rs 12.26 crore in Q4
Mon, May 23, 2022 12:38 PM

National Oxygen standalone Net Sales at Rs 12.26 crore in Q4

National Oxygen reported a Net Sales at Rs 12.26 crore in March 2022 up 3.93% from Rs. 11.80 crore in March 2021. Quarterly Net Profit stood at Rs. 0.98 crore in March 2022 down 1.72% from Rs. 1.00 crore in March 2021. While EBITDA stood at Rs. 1.99 crore in March 2022 down 30.66% from Rs. 2.87 crore in March 2021. National Oxygen EPS has decreased to Rs. 2.04 in March 2022.

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Metroglobal Ltd consolidated profit zooms to Rs. 4.09 crores in Q4
Mon, May 23, 2022 12:33 PM

Metroglobal Ltd consolidated profit zooms to Rs. 4.09 crores in Q4

Metroglobal Limited has posted a total income of Rs. 93.1604 crores during the period ended March 31, 2022, as compared to Rs. 71.4403 crores during the period ended December 31, 2021. The company has reported a net profit / (loss) of Rs. 4.0969 crores for the period ended March 31, 2022, against a net profit / (loss) of Rs. 1.8091 crores for the period ended December 31, 2021.

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Eurotex Industries and Exports' loss at Rs. 3.88 crores in Q4
Mon, May 23, 2022 12:23 PM

Eurotex Industries and Exports' loss at Rs. 3.88 crores in Q4

Eurotex Industries & Exports Ltd has posted a total income of Rs. 1.3232 crores during the period ended March 31, 2022, as compared to Rs. 0.6607 crores during the period ended December 31, 2021. The company has reported a net profit / (loss) of Rs. -3.8882 crores for the period ended March 31, 2022, against a net profit / (loss) of Rs. -2.5124 crores for the period ended December 31, 2021.

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Deputy Warden ran Illegal mining operation at Russia's oldest prison
Mon, May 23, 2022 12:23 PM

Deputy Warden ran Illegal mining operation at Russia's oldest prison

The Deputy Warden of the oldest prison in Russia is accused of stealing electricity to run an illegal crypto mining operation at the Butyrka prison. The equipments for the said operation were found in the psychiatric clinic of the prison. According to the police, mining equipments were installed in Nov 2021 and ran operation till Feb 2022, which cost the govt. around $1000.

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Steel stocks plunge hitting 52-week lows on export duty jolt
Mon, May 23, 2022 12:07 PM

Steel stocks plunge hitting 52-week lows on export duty jolt

The GoI has imposed an export duty on 11 iron & steel intermediates & reduced import duty on some raw materials including coking coal & ferronickel, used by the steel industry, in a bid to lessen the cost for the domestic industry & reduce prices. Owing to this, the shares of Tata Steel Ltd, JSW steel Ltd, SAIL, and Jindal Steel & Power Ltd plunged, hitting 52-week lows in Monday’s early trade.

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Minda Industries' board to review bonus shares issue tomorrow
Mon, May 23, 2022 11:55 AM

Minda Industries' board to review bonus shares issue tomorrow

Minda Industries' board will review the issuance of bonus shares in a meeting to be held on Tuesday, May 24, 2022. While announcing the financial results for the quarter ending March 31, 2022, the company will also consider the final dividend on equity & preference shares. The board will also review raising funds via the issue of debt securities up to ₹1,000 crores in one or more tranches.

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Registration for the VERSE token sale by Bitcoin.com Is now live
Mon, May 23, 2022 11:50 AM

Registration for the VERSE token sale by Bitcoin.com Is now live

Registrations are now open for the VERSE token sale, which will begin in late June 2022. Interested parties who register can participate in the token sale immediately upon launch. The VERSE token is distributed to holders who participate in the Bitcoin.com ecosystem and is a rewards and utility token.

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SPARC Electrex Ltd net profit surges to Rs. 1.79 crore in Q4
Mon, May 23, 2022 11:42 AM

SPARC Electrex Ltd net profit surges to Rs. 1.79 crore in Q4

SPARC Electrex Ltd has posted a total income of Rs. 7.0126 crores during the period ended March 31, 2022, as compared to Rs. 6.0003 crores during the period ended December 31, 2021. The company has reported a net profit / (loss) of Rs. 1.7988 crores for the period ended March 31, 2022, against a net profit / (loss) of Rs. 0.1326 crores for the period ended December 31, 2021.

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Surana Telecom and Power Ltd consolidated profit at Rs. 2.27 crore in Q4
Mon, May 23, 2022 11:37 AM

Surana Telecom and Power Ltd consolidated profit at Rs. 2.27 crore in Q4

Surana Telecom and Power Limited have reported a total income of Rs. 9.9167 crores during the period ended March 31, 2022, as compared to Rs. 8.9167 crores during the period ended December 31, 2021. The company has reported a net profit / (loss) of Rs. 2.2790 crores for the period ended March 31, 2022, against a net profit / (loss) of Rs. 1.8389 crores for the period ended December 31, 2021.

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Gujarat Craft Industries' Q4 profit plunges by 67.25% to Rs 77.80 lakhs
Mon, May 23, 2022 11:32 AM

Gujarat Craft Industries' Q4 profit plunges by 67.25% to Rs 77.80 lakhs

Gujarat Craft Industries' standalone total income declined by 8.06% QoQ to Rs. 44.3267 crores during Q4FY22 as compared to Rs. 48.2146 crores during the period ended December 31, 2021. The Company's net profit plunged by 67.25% QoQ to Rs. 0.7780 crores in Q4FY22 in comparison to a net profit of Rs. 2.3758 crores for the period ended December 31, 2021.

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