I need a freelancer I am a freelancer Pricing News Intelligence

Peter Noronha

Goa Velha, India
Book Peter with Paydesk
See how it works

Book Peter with Paydesk

Make your booking securely through paydesk for these benefits:

1

Preferred Booking Channel

Peter is more likely to commit to assignments booked through paydesk, as it is a trusted platform that validates the seriousness and legitimacy of each engagement.
2

Insured Bookings for Peace of Mind

We provide basic insurance coverage with each booking on paydesk, giving both you and the media professional confidence and protection while they work for you.
3

Effortless Online Payment

Paydesk offers a payment protection system to ensure payments are only finalized when you are satisfied with the job completion. Freelancers trusts our process that guarantees their efforts are rewarded upon successful delivery of services

Still have questions?

Check FAQ
About Peter
Peter Noronha is a journalist based in Goa Velha, India.
Portfolio

HDFC Bank Shares Touch 52-Week High On Jump In Q2 Net Profit

14 Oct 2023  |  NDTV Profit
HDFC Bank shares surged over 2% to reach a 52-week high on the BSE following a 17.58% increase in net profit for the July-September quarter, amounting to Rs 8,834.3 crore. The bank's gross non-performing asset ratio improved to 1.35% from 1.47% in the previous quarter. Net interest income grew by 12.1% to Rs 17,684.4 crore, driven by a 15.5% growth in advances and a core net interest margin of 4.1%. However, the shares later flattened due to profit-booking.

Tata Motors Zooms 19% On TPG's Investment In Electric Vehicles Subsidiary

10 Oct 2023  |  NDTV Profit
Tata Motors' shares surged 19% to a new 52-week high following the announcement of a Rs 7,500 crore investment by TPG Group in its electric vehicle subsidiary, TML EVCo. The investment will be completed by the end of 2022, with the first round by March 22. Tata Motors plans to develop a portfolio of 10 EVs over the next five years and, in collaboration with Tata Power, will establish a widespread charging infrastructure in India. The company's shares have risen significantly, driven by robust global wholesale numbers and a record order book for Jaguar Land Rover.

Hindustan Unilever Gains Nearly 2% Ahead Of Q2 Results

10 Oct 2023  |  NDTV Profit
Hindustan Unilever shares rose nearly 2% in anticipation of its Q2 results. The company had previously reported a net profit of Rs 2,061 crore in Q1, a 9.5% increase from the same period last year. Revenues for the June quarter were Rs 11,915 crore, up 12.83% year-on-year.

Reliance Industries Hits Life-Time High On Clean Energy Acquisitions

08 Oct 2023  |  NDTV Profit
Reliance Industries' shares reached a record high following the acquisition of significant stakes in Sterling and Wilson and REC Solar Holdings through its subsidiary, Reliance New Energy Solar. The acquisitions are part of a broader $10 billion investment in clean energy announced by Mukesh Ambani. The market responded positively, with Reliance shares trading higher and the Sensex and NSE Nifty reaching new highs.

Big Telecom Reform: 100% FDI Through Automatic Route Cleared By Cabinet

04 Oct 2023  |  NDTV Profit
The Indian Cabinet has approved 100% Foreign Direct Investment (FDI) in the telecom sector through the automatic route, excluding investors from countries like China and Pakistan. This reform aims to ease investment processes and provide relief to telecom operators like Vodafone Idea and Airtel by introducing a four-year moratorium on pending AGR dues and redefining AGR to exclude non-telecom revenues. The spectrum auction is scheduled for the last quarter of the financial year, with spectrum duration extended from 20 to 30 years. These measures are aligned with Supreme Court guidelines and aim to boost the telecom sector while considering government revenues.

Titan Enters Rs 2 Trillion Club As Stock Touches All-Time Highs

04 Oct 2023  |  NDTV Profit
Titan's market capitalisation surpassed Rs 2 trillion as its shares hit a record high of Rs 2,361 on the BSE, driven by a significant demand recovery in the September quarter. The company's sales were boosted by easing COVID-19 restrictions, the upcoming festival season, and interest in digital gold. Titan is the second Tata group company after TCS to achieve this milestone. The jewellery segment saw a 78% YoY growth, while the watches and wearables division grew by 73% YoY, and the eyewear segment, including Taneira, fragrances, and accessories, rose by 121% YoY.

Manyavar-Owner Vedant Fashions Files IPO Papers

01 Oct 2023  |  NDTV Profit
Vedant Fashions, owner of the Manyavar brand, has filed for an IPO with the Securities and Exchange Board of India. The IPO will be an offer for sale of up to 36.36 million shares by the promoter and shareholders, including Rhine Holdings, Kedaara Capital AIF I, and Ravi Modi Family Trust. Vedant Fashions will not receive any proceeds from the offering. The company, led by Ravi Modi and Shilpi Modi, also owns brands like Twamev, Manthan, Mohey, and Mebaz.

Be a company desired by the best talents

01 Oct 2023  |  Tribuna Online | Seu portal de Notícias
Attracting and retaining talented professionals is increasingly challenging for companies of all sizes. According to a report by Great Place to Work, empathy and humanized management are highly valued in leadership roles. McKinsey's report highlights that 39% of workers plan to leave their jobs within the next three to six months. Effective leadership involves engaging employees, aligning organizational and individual purposes, and fostering trust through respect, camaraderie, credibility, pride, and impartiality. Creating a motivating and safe work environment is crucial for talent retention and business growth.

Maruti Suzuki Recalls Over 1.81 Lakh Cars To Check For Potential Defects

01 Oct 2023  |  NDTV Profit
Maruti Suzuki is recalling 181,754 petrol variants of Ciaz, Ertiga, Vitara Brezza, S-Cross, and XL6 manufactured between May 4 and October 27, 2020, to inspect and replace potentially faulty Motor Generator Units. The recall is a voluntary safety measure, and affected vehicle owners will be contacted by authorized workshops for free inspection and replacement. Customers are advised to avoid driving in water-logged areas and can check their vehicle's status online.

Radiant Cash Management Services Files IPO Papers

01 Oct 2023  |  NDTV Profit
Radiant Cash Management Services, backed by Ascent Capital, has filed for an IPO with Sebi, including a fresh issue of shares worth Rs 60 crore and an offer for sale of up to 30.13 million shares by existing promoters and shareholders. Founded in 2005 by Colonel David Devasahayam in Chennai, the company is a major player in India's retail cash management segment, operating in five verticals including cash pick-up and delivery, network currency management, and cash processing.

Wipro Bags Multi-Year Contract From Malaysian Company; Stock Edges Lower

01 Oct 2023  |  NDTV Profit
Wipro has secured a multi-year contract from Maxis Broadband Sdn Bhd to provide IT-managed services for hybrid infrastructure and application maintenance. Leveraging its global service delivery model and telecommunications expertise, Wipro aims to deliver a transformational engagement. Bhavya Kapoor, Managing Director of Southeast Asia at Wipro, emphasized the company's strong capabilities and extensive experience. Despite this positive development, Wipro's shares traded lower by 1.1% at Rs 666 on the BSE.

Fino Payments Bank Receives Sebi Approval For IPO

01 Oct 2023  |  NDTV Profit
Fino Payments Bank has received approval from Sebi for its IPO, which includes a fresh issue of Rs 300 crore and an offer for sale of up to 1,56,02,999 shares by its promoter, Fino Paytech. The proceeds will be used to augment the bank's Tier-1 capital base. Founded in 2007 and rebranded in 2015, Fino Payments Bank offers a range of digital financial products and services. Other fintech companies like PayTM and MobiKwik are also awaiting Sebi approval for their IPOs.

Vijaya Diagnostic Has A Subdued Debut, Lists At 2% Premium On BSE

01 Oct 2023  |  NDTV Profit
Vijaya Diagnostic Center's shares had a modest debut on the stock exchanges, listing at a slight premium over the issue price. The shares opened at Rs 542.30 on the BSE and Rs 540 on the NSE, showing a 2.13% and 1.69% premium, respectively. By 10:10 am, the shares were trading higher by approximately 8.8% on the BSE and 8.5% on the NSE. Promoted by Dr S Surendranath Reddy, Vijaya Diagnostic Center is a major diagnostic chain in South India, operating 80 diagnostic centers and 11 reference laboratories across multiple cities.

Sansera Engineering IPO To Open For Bidding Tomorrow

13 Sep 2023  |  NDTV Profit
Sansera Engineering's Rs 1,283 crore IPO will open for subscription on September 14 and close on September 16. The IPO is an offer for sale by promoters and shareholders, with shares priced between Rs 734-744 each. The issue is divided among qualified institutional buyers, retail investors, and non-institutional investors, with a portion reserved for employees at a discounted rate. Investors can bid for a minimum of 20 shares.

Vijaya Diagnostic To Debut On The Bourses Tomorrow

12 Sep 2023  |  NDTV Profit
Vijaya Diagnostic Center's IPO will list on the stock market on September 13. The IPO, backed by Kedaara Capital, was an offer for sale of 35.69 million shares by existing shareholders and promoters, including Dr S Surendranath Reddy, Karakoram, and Kedaara Capital AIF I. The shares were priced between Rs 522-531 each. Vijaya Diagnostic Center, a major diagnostic chain in South India, will not receive any proceeds from the IPO as it was purely an offer for sale.

Axis Bank Edges Lower After RBI Imposes Penalty For Violation Of Rules

02 Sep 2023  |  NDTV Profit
Axis Bank shares fell slightly after the Reserve Bank of India imposed a Rs 25 lakh penalty for violating Know Your Customer norms. The penalty follows a scrutiny of a customer account, revealing deficiencies in regulatory compliance. The RBI clarified that the penalty does not affect the validity of any transactions or agreements with customers.

Vijaya Diagnostic IPO To Open For Bidding On September 1

31 Aug 2023  |  NDTV Profit
Vijaya Diagnostic Center is set to launch its Rs 1,895.04 crore IPO on September 1, with the offering being an entirely offer for sale of 35.69 million shares. The price band is set between Rs 522 to Rs 531 per share, and the IPO will close on September 3, with shares expected to list on September 14. The IPO allocates 50% of shares for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors, with 1.5 lakh shares reserved for employees. Vijaya Diagnostic, backed by Kedaara Capital and promoted by Dr S Surendranath Reddy, operates 80 diagnostic centers and 11 laboratories across several Indian cities.

Emotional intelligence is vital to face the corporate world

01 Apr 2023  |  www.agazeta.com.br
Emotional intelligence is crucial for navigating the corporate world, yet it is often lacking among employees and executives. The text highlights the need for recognizing, understanding, and managing emotions to foster a more mature and balanced work environment. It calls for a shift towards more humanized workplaces where collaboration and empathy are prioritized over individualism and micro-management. The article suggests that adopting a more adult and mature approach can transform the workplace into a source of partnerships and growth.

Fino Payments Bank IPO Opens Today

29 Oct 2021  |  ndtvprofit.com
Fino Payments Bank's IPO, valued at Rs 1,200 crore, opens for subscription on October 29, 2021. It includes a fresh issue of Rs 300 crore and an offer for sale of shares by promoter Fino Paytech. The IPO will close on November 2, with an expected listing date of November 12. The IPO has allocated quotas for retail, QIB, and NII investors, with a special reservation of shares for employees.

Fino Payments Bank IPO To Open On October 29. Here's Things To Know

29 Oct 2021  |  NDTV Profit
Fino Payments Bank's IPO will open for subscription on October 29, featuring a fresh issue of Rs 300 crore and an offer for sale of up to 1,56,02,999 shares by promoter Fino Paytech. The public issue will close on November 2, with 75% reserved for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors. The proceeds will be used to augment the bank's Tier-1 capital base. Fino Payments Bank, founded in 2007 and rebranded in 2015, offers financial products and services primarily through digital means. Rishi Gupta is the managing director and CEO.

Sensex Dives Over 1,050 Points; ITC, ICICI Bank Weak

28 Oct 2021  |  NDTV Profit
The BSE Sensex dropped over 1,050 points, with ITC and ICICI Bank among the weakest performers. ITC's stock fell over 5% despite a 14% year-on-year profit growth. Titan's stock also declined post its quarterly results. Conversely, IndusInd Bank's stock rose by 4.46% following a 73% increase in net profit. IRCTC shares surged over 19% after a stock split.

Axis Bank Shares Plunge Over 4% Post September Quarter Earnings

27 Oct 2021  |  NDTV Profit
Axis Bank shares dropped over 4% following the announcement of its September quarter earnings, despite a strong market. The bank reported an 86% increase in standalone net profit to Rs 3,133 crore, with net interest income rising to Rs 7,900 crore. Gross and net non-performing assets improved to 3.53% and 1.08% respectively.

Sensex Ends Lower By Over 100 Points Amid Volatility; ITC, Infosys Top Losers

22 Oct 2021  |  NDTV Profit
The Indian stock markets closed lower for the fourth consecutive day due to volatility and selling pressure in major stocks like ITC, NTPC, and Infosys. The BSE Sensex fell by 101 points, while the NSE Nifty dropped by 63 points. Sectoral indices such as IT, metal, pharma, and FMCG saw declines of 1-3%. Broader markets underperformed, with the BSE Midcap and Smallcap indices losing over 1%. Despite a positive start influenced by global cues, the markets couldn't maintain gains due to volatility at higher levels. ITC led the losses, followed by Maruti Suzuki, Infosys, NTPC, and Tata Steel.

Bharti Airtel's Rs 21,000 Crore Rights Issue Subscribed 1.43 Times

21 Oct 2021  |  NDTV Profit
Bharti Airtel's Rs 21,000 crore rights issue, open from October 5 to October 21, was fully subscribed at Rs 535 per share. Shareholders will receive one share for every 14 shares held, with 25% payment upfront and the remaining 75% over three years. Bharti Airtel, the second-largest telco in India, saw its shares trading lower by 0.4% at Rs 694.50 on the BSE.

Sensex Ends 500 Points Lower; Hindustan Unilever, NTPC, L&T Top Losers

20 Oct 2021  |  NDTV Profit
The domestic stock markets fell nearly one percent, marking the second consecutive session of losses due to profit-booking at higher levels. The BSE Sensex dropped 456 points to 61,259, while the NSE Nifty fell 152 points to 18,267. All BSE sectoral indices ended in the red, with IT shares hit hardest. Market experts attribute the volatility to profit-booking and await corporate views on September-quarter earnings, anticipating margin pressures due to higher commodity costs. Hindustan Unilever, NTPC, and L&T each shed around 2 percent. Hindustan Unilever reported an 8.86 percent profit growth but warned of margin pressures. IRCTC's stock plunged 17 percent, continuing its decline from the previous session.

Tata Communications Gains Over 3% On Jump In Q2 Net Profit

20 Oct 2021  |  NDTV Profit
Tata Communications reported a 10.6% year-on-year increase in consolidated net profit for the quarter ended September 2021, driven by lower operating costs and taxes. The company's EBITDA rose by 12.9% to Rs 1,113 crore, while net debt decreased to Rs 7,761 crore. Following the announcement, Tata Communications shares rose by over 3% in a weak market, outperforming the benchmark indices.

Sensex, Nifty End Flat; Tech Mahindra Top Gainer, ITC Slides 6%

19 Oct 2021  |  NDTV Profit
The stock markets ended flat with the BSE Sensex closing at 61,716.50 and the NSE Nifty at 18,418. Gains in heavyweights like Tech Mahindra, L&T, and Infosys were offset by profit-booking in ITC and Tata Motors. ITC saw a significant decline due to potential changes in tobacco taxation policy. L&T Infotech reported a 21% increase in net profit, boosting L&T's stock. Tata Coffee's net profit surged 26.55%, while Hindustan Unilever's stock fell despite an 8.86% rise in net profit.

Sensex Gains Over 400 Points; Infosys, Tata Steel, ICICI Bank End Strong

18 Oct 2021  |  NDTV Profit
The stock markets reached new all-time highs, driven by strength in select metal and information shares. The BSE Sensex rose by 459 points to 61,766, and the NSE Nifty increased by 138 points to 18,477. Infosys, Tata Steel, and Tech Mahindra were among the top gainers, while Reliance Industries hit a 52-week high. The Nifty Metal index surged due to rising base metal prices, with Hindalco, JSW Steel, and Tata Steel seeing significant gains. HDFC Bank reported a 17.6% profit increase for the September quarter, while HCL Tech shares fell despite a 4% profit growth.

Information Technology Shares Rally Post September Quarter Numbers

14 Oct 2021  |  NDTV Profit
Shares of major IT companies surged following the release of their September quarterly results, with Infosys, Wipro, and Mindtree showing significant gains due to better-than-expected earnings. Infosys reported a consolidated profit increase of 11.9% and raised its annual revenue forecast. Wipro saw a 19% rise in net profit, while Mindtree's net profit jumped by 57.2%. In contrast, TCS underperformed due to disappointing Q3 results, and HCL Technologies' performance is pending its Q2 announcement.

Sensex Ends Higher By 450 Points, Led By Tata Group Shares

13 Oct 2021  |  NDTV Profit
The domestic stock markets reached new all-time highs driven by a rally in Tata Group shares following Tata Motors' announcement of raising Rs 7,500 crore for its electric vehicle business. The BSE Sensex closed at 60,737.50, up 452.50 points, and the NSE Nifty ended at 18,161.7, up 169.70 points. Tata Motors surged 22% to a 52-week high, while Tata Power and Tata Chemicals also saw significant gains. Other notable gainers included M&M, ITC, Tech Mahindra, and Infosys.

IT Shares Extend Losses For Second Consecutive Day Post TCS Earnings

12 Oct 2021  |  ndtvprofit.com
Information technology stocks in India continued to decline for a second day following TCS's earnings report. HCL Tech experienced a significant drop of 4.4%, leading the losses, while Tech Mahindra, TCS, and Infosys each fell by 1.2%. TCS's quarterly performance did not meet expectations, which contributed to a sharp 6.3% drop in its shares, affecting the broader IT sector. Market participants are apprehensive about upcoming earnings announcements from Infosys, HCL Tech, and Tech Mahindra.

Rate-Sensitive Auto, Banking Shares Trade Mixed Post RBI Policy

08 Oct 2021  |  NDTV Profit
Following the Monetary Policy Committee review, the Reserve Bank of India has kept the repo rate at 4% and the reverse repo rate at 3.35%. Financial stocks like Bajaj Finserv, Bajaj Finance, Axis Bank, and HDFC Bank saw gains, while auto stocks like Tata Motors gained and Maruti Suzuki, M&M, and Bajaj Auto faced losses. RBI Governor Shaktikanta Das maintained the real GDP growth projection at 9.5% for FY2021-22 and CPI inflation at 5.3% for the current year, emphasizing the central bank's commitment to keeping inflation within the target range.

RBI Keeps Key Rates Unchanged: "As Long As Necessary To Revive Growth"

08 Oct 2021  |  NDTV Profit
The Reserve Bank of India (RBI) has kept key interest rates unchanged to support economic growth, maintaining an accommodative stance. RBI Governor Shaktikanta Das projected a 9.5% GDP growth for FY2021-22, noting momentum in economic activity and demand recovery. Inflation is projected at 5.3% for the current year, with the central bank committed to keeping it within the 2-6% target range. Moody's recently upgraded India's rating outlook to 'stable,' reflecting ongoing economic recovery. The services sector showed expansion for the second consecutive month in September, driven by improved domestic demand and easing COVID-19 restrictions.

Petrol, Diesel Prices Hiked For 4th Straight Day. Petrol Above Rs 101 In Chennai

08 Oct 2021  |  NDTV Profit
Petrol and diesel prices have been increased for the fourth consecutive day, with petrol prices in Delhi rising to Rs 103.54 per litre and diesel to Rs 92.12 per litre. In Mumbai, petrol is now Rs 109.54 per litre and diesel Rs 99.22 per litre. State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate. Brent futures and U.S. crude prices have also seen an increase.

RBI Monetary Policy Today: Will The RBI Maintain Status-Quo Yet Again?

08 Oct 2021  |  NDTV Profit
The Reserve Bank of India's Monetary Policy Committee, led by Governor Shaktikanta Das, is expected to maintain the current repo rate to support economic growth, with a slim possibility of a reverse repo rate increase. Market participants are focused on the RBI's guidance on liquidity withdrawal and potential additional bond purchases. All forecasters in a Reuters poll predict no change in the repo rate, with an increase expected only in April-June 2022. The RBI has kept the repo rate at a record low of 4% since May 2020. India's services industry expanded for the second consecutive month in September, and Moody's upgraded India's rating outlook to stable, indicating economic recovery.

Stocks To Watch: TCS, Nazara Technologies, Tata Steel

07 Oct 2021  |  NDTV Profit
The domestic stock markets are expected to open strong following positive global cues, with the SGX Nifty indicating a gap-up opening. Tata Consultancy Services has extended its partnership with SBI for another five years, focusing on technology, resilience, and people. Tata Steel reported a decline in steel production for the September quarter, with Tata Steel Europe producing 2.56 million tonnes, down 4% from the previous quarter.

Petrol, Diesel Prices Hiked For Second Straight Day. Petrol Nears Rs 103 In Delhi

06 Oct 2021  |  NDTV Profit
Petrol and diesel prices have been increased for the second consecutive day, with petrol nearing Rs 103 per litre in Delhi and diesel at Rs 91.42 per litre. In Mumbai, petrol is priced at Rs 108.96 per litre and diesel at Rs 99.17 per litre. State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and rupee-dollar exchange rates. U.S. West Texas Intermediate (WTI) oil prices have also seen a rise, reaching $79.18 a barrel, the highest since November 2014.

Aditya Birla Sun Life AMC: Here's How To Check Allotment Status

06 Oct 2021  |  NDTV Profit
Aditya Birla Sun Life AMC is set to finalize its share allotment for the Rs 2,768 crore IPO, which was subscribed 5.25 times. The IPO, an offer for sale by Aditya Birla Capital and Sun Life (India) AMC Investments, offered shares in the price band of Rs 695-712 per share. The shares are expected to debut on BSE and NSE on October 11.

Petrol, Diesel Prices Hiked Again On Tuesday; Petrol Nears Rs 109 In Mumbai

05 Oct 2021  |  www.ndtvprofit.com
On October 5, petrol and diesel prices were increased across Indian metros, with petrol in Mumbai nearing Rs 109 per litre. The price hike was 25 paise for petrol and 30 paise for diesel in the national capital. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

Sensex Up Over 500 Points, Nifty Above 17,600; Divi's Labs, NTPC Top Gainers

04 Oct 2021  |  www.ndtvprofit.com
Indian stock markets traded strongly with Sensex and Nifty seeing significant gains, led by Divi's Labs and NTPC as top gainers. Broader markets outperformed largecap peers, with midcap and smallcap indices reaching record highs. European markets opened slightly lower, while Asian markets were mixed. The Indian rupee weakened against the US dollar. Divi's Labs' share price soared due to its role in producing an ingredient for a promising COVID-19 antiviral drug, while NTPC's stock rose following news of planned IPOs for its units.

Nazara Technologies Board To Mull Fund-Raising Plans; Stock Rises 1%

04 Oct 2021  |  NDTV Profit
Nazara Technologies' shares increased by approximately 1% following the announcement that its board will meet on October 6 to discuss fund-raising plans. The gaming company, backed by Rakesh Jhunjhunwala, disclosed this in a regulatory filing. At 12:35 am, Nazara Technologies' shares were trading at Rs 2,343, up by 0.9% on the BSE, while the BSE Sensex and NSE Nifty were both up by 0.7%.

No Change In Petrol, Diesel Prices On Monday

04 Oct 2021  |  ndtvprofit.com
Petrol and diesel prices remained unchanged across Indian metros on October 4, following three consecutive days of hikes. In Delhi, petrol was at Rs 102.39 per litre and diesel at Rs 90.77 per litre, while Mumbai had the highest rates among metros with petrol at Rs 108.43 per litre and diesel at Rs 98.48 per litre. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

Petrol, Diesel Prices Touch All-Time Highs On Friday

01 Oct 2021  |  www.ndtvprofit.com
On October 1, petrol and diesel prices in India reached record highs, with petrol prices in the national capital increasing by 25 paise to Rs 101.89 per litre and diesel by 30 paise to Rs 90.17 per litre. Mumbai saw petrol prices at Rs 107.95 per litre and diesel at Rs 97.84 per litre. The price hike is attributed to the high global oil prices and is the third increase for petrol and sixth for diesel after a three-week pause in rate revisions. Indian Oil, Bharat Petroleum, and Hindustan Petroleum, all state-run oil refiners, adjust fuel rates daily based on the crude oil prices in international markets and the rupee-dollar exchange rates, with changes taking effect from 6 am.

Paras Defence IPO To Debut Today. Key Things To Know

01 Oct 2021  |  ndtvprofit.com
Paras Defence and Space Technologies is set to list on the stock exchanges on October 1, 2021, following a highly successful IPO that was subscribed 304.26 times. The IPO, valued at Rs 170.7 crore, included a fresh issue and an offer for sale by existing investors. The company, promoted by Sharad Virji Shah and Munjal Sharad Shah, and backed by Sunil Singhania's Abakkus Emerging Opportunities Fund 1, operates in defence and space optics, defence electronics, EMP protection solutions, and heavy engineering.

"Incorrect": Government After Report On Tata Sons Winning Air India Bid

01 Oct 2021  |  NDTV Profit
The government has refuted media reports claiming that Tata Group has won the bid for Air India. The finance ministry clarified that no financial bids have been approved yet. Tata Group and SpiceJet chairman Ajay Singh are the final bidders for the debt-laden airline. This is the second attempt by the Modi-led government to sell Air India, which has been struggling with significant financial losses and debt. Despite its financial troubles, Air India holds valuable domestic and international landing slots and stakes in related services.

Petrol, Diesel Prices Hiked On Thursday. Check Latest Rates Here

30 Sep 2021  |  ndtvprofit.com
Petrol and diesel prices were increased across Indian metros on Thursday, September 30, with petrol prices in the national capital rising by 25 paise to Rs 101.64 per litre and diesel by 30 paise to Rs 89.87 per litre. Mumbai has the highest fuel rates among the metro cities. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes taking effect from 6 am.

Aditya Birla Sun Life AMC IPO Opens Today. Should You Invest?

29 Sep 2021  |  ndtvprofit.com
Aditya Birla Sun Life AMC's IPO, valued at Rs 2,768.25 crore, opens for bidding with a price band of Rs 695-712 per share. The offering is a joint venture between Aditya Birla Group and Sun Life Financial Inc of Canada, with average assets under management of Rs 2.93 lakh crore. Angel One and Anand Rathi recommend subscribing to the IPO, citing steady growth in AUMs, a strong individual investor base, and a high return on net worth.

Petrol, Diesel Prices Unchanged On Wednesday. Check Latest Rates Here

29 Sep 2021  |  www.ndtvprofit.com
On Wednesday, September 29, petrol and diesel prices remained unchanged across Indian metros. In Delhi, petrol was priced at Rs 101.39 per litre and diesel at Rs 89.57 per litre. Mumbai had the highest fuel rates among the metro cities, with petrol at Rs 107.47 per litre and diesel at Rs 97.21 per litre. Fuel rates vary by state due to differing VAT. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

Sensex Plunges Over 1,000 Points, Dragged By Financials, IT Shares

28 Sep 2021  |  NDTV Profit
The benchmark indices experienced significant losses due to selling pressure in information technology stocks, with the BSE Sensex dropping over 1,000 points and the NSE Nifty down by 272.25 points. Financial stocks like Bharti Airtel, HCL, Infosys, and Tech Mahindra saw notable declines, while power stocks such as NTPC and Powergrid gained. BPCL shares rose following the announcement of a substantial investment plan in petrochemicals, renewables, and electric mobility.

Paras Defence IPO: How To Check Allotment Status

28 Sep 2021  |  NDTV Profit
Paras Defence and Space Technologies is set to announce the allotment status of its Rs 170 crore initial public offering (IPO) on September 28. The IPO was highly successful, being subscribed 304 times, with investors bidding for 217 crore shares against the 71.40 crore shares on offer. The qualified institutional investors' portion was subscribed 169.65 times, while the non-institutional investor category saw a subscription of 927.70 times.

Goldman Sachs Cuts China's Growth Forecast To 7.8% Amid Power Shortages

28 Sep 2021  |  NDTV Profit
Goldman Sachs has revised China's growth forecast for 2021 down to 7.8% from 8.2% due to energy consumption constraints. The country's efforts to meet strict environmental targets have led to significant power shortages, affecting up to 44% of industrial activity. The Evergrande Group's financial troubles add to the economic uncertainty, with potential impacts on property sales and construction. The report highlights the uncertainty in the fourth quarter, influenced by government policies on Evergrande and environmental regulations.

Atul Auto Starts Production At Ahmedabad Plant; Stock Gains Almost 1%

28 Sep 2021  |  NDTV Profit
Atul Auto has commenced commercial production at its Bhayla plant in Ahmedabad District, Gujarat, starting September 27, 2021. The company also recently acquired Khushbu Auto Finance, which operates in multiple Indian states. Following these developments, Atul Auto's shares have seen a significant increase, trading at Rs 221.30, up by 0.9% on the BSE, with a 15% gain over the past three sessions.

Toyota Kirloskar To Discontinue Yaris In India

27 Sep 2021  |  NDTV Profit
Toyota Kirloskar has announced the discontinuation of the Yaris in India effective September 27, 2021, as part of its strategy to meet evolving customer needs with enhanced technologies and new product offerings. The company assures continued service and spare parts availability for existing Yaris customers for at least the next 10 years. Toyota Kirloskar plans to introduce new models, including a rebadged version of the Ciaz, expected to be named Belta, in the coming year.

Sensex Makes History At 60,000 - Charting the Record-Breaking Journey

24 Sep 2021  |  NDTV Profit
The Sensex reached the 60,000 milestone, driven by declining Covid-19 cases, rising vaccinations, and economic improvements. The journey from 1,000 to 60,000 spanned 31 years, with significant milestones including the 30,000 mark in 2015 and the rapid rise from 50,000 to 60,000 in just eight months. Factors such as reduced fears of a third Covid-19 wave, increased economic activity, and new investors entering the market contributed to the recent surge. The resilience of the Indian market is highlighted, despite challenges like the Covid-19 pandemic and historical financial crises.

No Change In Petrol, Diesel Prices On Friday

24 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged for the 19th consecutive day across major Indian metros on September 24, 2021. In Delhi, petrol was priced at Rs 101.19 per litre and diesel at Rs 88.62 per litre, while in Mumbai, petrol was Rs 107.26 per litre and diesel Rs 96.19 per litre. Fuel prices vary due to state taxes and are revised daily by state-run oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum, based on international crude oil prices and currency exchange rates. Brent crude and U.S. West Texas Intermediate crude prices saw a slight increase.

Hariom Pipe Files IPO Papers With Sebi

23 Sep 2021  |  NDTV Profit
Hariom Pipe Industries Limited, based in Hyderabad, has submitted its draft red herring prospectus to SEBI for an IPO, which will involve a fresh issue of 85 lakh shares. The funds raised will support capital expenditure, working capital, and general corporate purposes. The company, known for its backward integration, produces all necessary intermediate products in-house and offers a diverse product mix. It plans to expand by establishing a new manufacturing plant in Sangareddy, Telangana, with a capacity of 51,943 tonnes per annum.

Petrol, Diesel Prices Remain Unchanged For 18th Day

23 Sep 2021  |  NDTV Profit
Petrol and diesel prices in India's four metro cities remained unchanged for the 18th consecutive day as of September 23, 2021. In Delhi, petrol is priced at Rs 101.19 per litre and diesel at Rs 88.62 per litre, while Mumbai has the highest rates among the metros. State-run oil companies like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel prices daily based on international crude oil prices and the rupee-dollar exchange rate. Recent increases in oil prices are attributed to a drop in U.S. crude stocks following storm recovery.

Sensex, Nifty Muted In Noon Trading; Tech Mahindra, M&M Top Gainers

22 Sep 2021  |  NDTV Profit
The Indian stock market indices, Sensex and Nifty, showed muted performance amid mixed Asian market cues and concerns over China's Evergrande Group. Tech Mahindra led the gainers with a 3.7% rise, followed by M&M, Tata Steel, HCL Tech, and Reliance Industries. The rupee depreciated against the US dollar. Mphasis hit a record high after acquiring Blink UX, while Zee Entertainment shares surged following a merger approval with Sony Pictures Networks India.

Petrol, Diesel Prices Steady On Wednesday. Petrol Hovers At Rs 107 In Delhi

22 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged for the 17th consecutive day across the four metros on September 22, 2021. In Delhi, petrol prices were steady at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai recorded the highest fuel rates among the metros, with petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and rupee-dollar exchange rates. Meanwhile, global oil prices saw a modest rise amid concerns about consumption and supply challenges faced by OPEC producers.

Petrol, Diesel Prices Steady On Tuesday. Petrol Hovers At Rs 107 In Mumbai

21 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged for the 16th consecutive day across the four metros on September 21, 2021. In Delhi, petrol was priced at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai saw petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre, the highest among the metro cities. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate. Oil prices fell below $75 a barrel due to rising risk aversion affecting stock markets and strengthening the U.S dollar, with some U.S. Gulf output expected to remain offline for months after storm damage.

Paras Defence IPO Opens For Bidding Today. Should You Invest?

21 Sep 2021  |  ndtvprofit.com
Paras Defence and Space Technologies' IPO, valued at Rs 170.7 crore, is open from September 21 to September 23, comprising a fresh issue and an offer for sale. The company, serving clients like Bharat Electronics and others in Belgium, Israel, and South Korea, is expanding its production capacity and market share. Indwealth notes the IPO is aggressively priced at a P/E ratio of 43 times FY21 EPS.

Sensex Down Over 100 Points; Tata Steel, HDFC, SBI Top Losers

20 Sep 2021  |  NDTV Profit
The BSE Sensex and NSE Nifty are trading lower, influenced by losses in major stocks like Tata Steel, HDFC, and SBI. The Sensex fluctuated within a 700-point range and the rupee weakened against the US dollar. Tata Steel led the losses, while Hindustan Unilever, Bajaj Finserv, ITC, and HCL Tech gained. Lupin's shares dropped following a US FDA inspection with seven observations.

Is A Bad Bank A 'Good' Idea?

20 Sep 2021  |  NDTV Profit
The Indian banking sector has been struggling with non-performing assets (NPAs) due to various factors, including project cost overruns, land acquisition issues, and politically-motivated lending. The Covid-19 pandemic has exacerbated the situation. To address this, Finance Minister Nirmala Sitharaman announced the creation of the National Asset Reconstruction Company (NARCL), or bad bank, in the 2021-22 Budget. The Union Cabinet has approved a Rs 30,600 crore government guarantee for the NARCL, which will help banks offload their toxic assets and focus on core operations. While a bad bank has its advantages, such as improving bank profitability and credit growth, former RBI Governor Raghuram Rajan has expressed caution about its effectiveness if it remains in the public sector.

Stocks To Watch: Wipro, Cadila Healthcare, NCL Industries

20 Sep 2021  |  NDTV Profit
Domestic stock markets are expected to open lower due to negative global cues, with US stocks ending sharply lower amid concerns over strong economic data, corporate tax hikes, the Delta COVID variant, and potential changes in the US Federal Reserve's asset purchase timeline. Asian shares also eased ahead of numerous central bank meetings, including the Federal Reserve's likely move towards tapering. SGX Nifty trends indicate a significant gap-down opening for the Nifty.

Petrol, Diesel Prices Steady For 15th Day; Petrol Hovers At Rs 101 In Delhi

20 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged for the 15th consecutive day across the four metros on September 20, 2021. In Delhi, petrol prices were steady at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai recorded the highest fuel rates among the metros. State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and rupee-dollar exchange rates. Meanwhile, oil prices edged lower due to profit-taking and reduced threat to U.S Gulf crude production from Hurricane Nicholas.

Hero MotoCorp Gains Almost 1% On Price Hike Plans

17 Sep 2021  |  ndtvprofit.com
Hero MotoCorp's shares saw a nearly 1% increase amid a strong market following the announcement of a price hike to mitigate the effects of rising commodity prices. The increase will be up to Rs 3,000 and will vary by model and market, taking effect from September 20.

Petrol, Diesel Prices Unchanged On Friday

17 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged across the four metros for the 12th consecutive day on September 17, 2021. In Delhi, petrol prices were steady at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai recorded the highest fuel rates among the metros, with petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and rupee-dollar exchange rates. Meanwhile, oil prices edged lower on Thursday as the threat to U.S Gulf crude production from Hurricane Nicholas receded.

Stocks To Watch Today: Telecom, Auto Stocks, Wipro

16 Sep 2021  |  ndtv.com
Domestic stock markets in India are expected to open cautiously as indicated by SGX Nifty futures trading. Positive factory data and higher oil prices led to a rise in the S&P 500 and Dow Jones indexes, despite concerns over economic recovery and potential higher corporate taxes. SGX Nifty futures were trading higher by 12 points at 17,546 at 8:00 am on the Singapore Stock Exchange. The Indian government announced a telecom relief package, including a four-year moratorium on AGR and spectrum dues and allowing 100 per cent FDI in telecom through the automatic route.

Stocks To Watch: HCL Tech, Dynacons Systems, PFC

15 Sep 2021  |  NDTV Profit
The domestic stock markets are expected to open cautiously, influenced by subdued global cues. The Nifty futures indicate a slight gain, while the BSE Sensex and NSE Nifty showed modest increases in the previous session. Wall Street experienced a sell-off due to economic uncertainties and potential corporate tax hikes, affecting investor sentiment. Shares in Asia-Pacific also declined, with investors awaiting Chinese economic data. UBS Group AG increased its stake in a company through a rights issue. Dynacons Systems secured a significant order for IT and IoT services for Mumbai's Disaster Management Department.

Petrol, Diesel Prices Steady For Tenth Straight Day

15 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained steady across the four metros for the tenth consecutive day on September 15, 2021. In Delhi, petrol was at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai had the highest fuel rates among metro cities, with petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre. Rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel prices daily based on international crude oil prices and the rupee-dollar exchange rates, with changes effective from 6 am.

Sensex, Nifty Touch New Highs; Information Technology Stocks In The Limelight

15 Sep 2021  |  NDTV Profit
Benchmark indices reached new highs with the Nifty surpassing 17,500, driven by gains in information technology stocks. The Sensex rose by 458 points to 15,702. NTPC and Bharti Airtel led the gains, each soaring by 5%. HCL Tech, Infosys, TCS, and Tech Mahindra also saw significant gains. Shree Cement and Man Infra experienced notable increases due to recent company announcements.

Here's What The Telecom Package Means: 5 Points

15 Sep 2021  |  NDTV Profit
The relief package aims to support India's three major wireless carriers, particularly Vodafone Idea, which owes significant statutory dues to the government. The telecom sector has faced challenges following a Supreme Court ruling mandating payment of pending dues. The entry of Jio in 2016 disrupted the market, leading to the merger of Vodafone's India unit and Birla's Idea Cellular into Vodafone Idea. Kumar Mangalam Birla offered his stake in Vodafone Idea to the government and resigned as chairman. Recently, banks led by State Bank of India requested the government to extend the deadline for Vodafone Idea to clear its tax dues.

Stocks To Watch: Infosys, Wipro, DCM Shriram

14 Sep 2021  |  NDTV Profit
The domestic stock markets are expected to open positively, with early indications from SGX Nifty trading showing a 45-point gain. The S&P 500 ended a five-day losing streak, while shares in Asia-Pacific were mixed as investors awaited U.S. consumer inflation data. On Monday, the BSE Sensex and Nifty both saw declines. Infosys has completed a significant buyback of over 5.58 crore equity shares as part of its Rs 9,200 crore buyback offer.

Petrol, Diesel Prices Unchanged On Monday

13 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged across the four metros on Monday, September 13, 2021. In New Delhi, petrol prices were Rs 101.19 per litre and diesel rates were Rs 88.62 per litre. In Mumbai, petrol is priced at Rs 107.26 per litre and diesel rates stand at Rs 96.19 per litre. Fuel rates vary across states due to value-added tax (VAT). State-run oil refiners such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum review fuel rates daily, considering crude oil prices in international markets and rupee-dollar exchange rates.

Share Market Holiday: BSE, NSE Shut Due To Ganesh Chaturthi

10 Sep 2021  |  NDTV Profit
The BSE and NSE are closed for trading on September 10 due to Ganesh Chaturthi, with currency markets also shut for the day. The MCX will be closed only in the morning session. Trading will resume on September 13. On the previous trading day, the Sensex ended 55 points higher at 58,305, and the Nifty 50 index rose 16 points to close at 17,369.25, with gains in Bharti Airtel, Nestle India, TCS, and Tata Steel offset by losses in HDFC Bank, Reliance Industries, and Titan.

Petrol, Diesel Prices Remain Unchanged Across Metros On Thursday

09 Sep 2021  |  NDTV Profit
Petrol and diesel prices remain steady across major Indian metros on September 9, 2021, with the highest rates in Mumbai. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and currency exchange rates. Meanwhile, oil prices rose over 1% as U.S Gulf of Mexico producers slowly restored output post-Hurricane Ida.

Sensex Sheds Over 100 Points; TCS, Maruti Suzuki, Infosys Top Losers

08 Sep 2021  |  NDTV Profit
The benchmark indices are trading lower due to losses in auto and IT shares, with the BSE Sensex down by 187 points and the NSE Nifty down by 59 points. Heavyweights like Tata Consultancy Services, Maruti Suzuki, Infosys, and Reliance Industries are dragging the markets. The rupee also fell by 23 paise against the US dollar. EID Parry India gained nearly 1% on news of setting up a new distillery in Andhra Pradesh. Auto and IT shares, including TCS, Maruti Suzuki, Bajaj Auto, and Infosys, are experiencing selling pressure.

Petrol, Diesel Prices Unchanged On Wednesday

08 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained steady across major Indian metros on September 7, 2021, with the highest rates in Mumbai. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel prices daily based on international crude oil prices and rupee-dollar exchange rates. On the same day, global oil prices fell due to a strong U.S. dollar and weak demand concerns, despite production outages on the U.S. Gulf Coast.

Here's How To Check Share Allotment Status Of Ami Organics IPO

07 Sep 2021  |  NDTV Profit
Ami Organics will finalize the share allotment of its Rs 570-crore initial public offering (IPO) on September 8. The IPO, open for bidding from September 1 to 3, was subscribed 64.54 times, with high interest from qualified institutional buyers and non-institutional investors. The public issue included a fresh issue of Rs 200 crore and an offer for sale of Rs 370 crore by 20 shareholders. The proceeds will be used to repay debts and meet working capital requirements.

Petrol, Diesel Prices Steady Across Metros

06 Sep 2021  |  NDTV Profit
Petrol and diesel prices remain steady across major Indian metros on September 6, 2021, with the highest rates in Mumbai. State-run oil refiners adjust fuel prices daily based on international crude oil prices and currency exchange rates. Recent global market trends show a decrease in oil prices following Saudi Arabia's reduction of crude prices for Asia, indicating a well-supplied market.

Sensex Up Over 100 Points; Nifty Above 17,300; Reliance Industries, Infosys Firm

06 Sep 2021  |  ndtvprofit.com
Indian benchmark indices traded firmly on Monday afternoon, with the BSE Sensex at 58,301.33, up by 175 points, and the NSE Nifty at 17,380, up by 46 points, supported by gains in Reliance Industries, Infosys, and Hindustan Unilever. The broader markets also saw gains, and the rupee weakened slightly against the U.S. dollar.

Sensex Rallies Over 400 Points; Hindustan Unilever, TCS Strong

02 Sep 2021  |  ndtvprofit.com
On Thursday afternoon, Indian benchmark indices Sensex and Nifty were trading higher, driven by gains in major stocks like Hindustan Unilever, TCS, and HDFC. European markets opened positively, while Asian markets showed a mixed performance. The BSE Sensex rose by 409.75 points, and the NSE Nifty increased by 127.36 points. The rupee appreciated against the U.S. dollar, and IPOs for Vijaya Diagnostic Centre and Ami Organics are underway, with the latter being oversubscribed.

Petrol, Diesel Rates Unchanged On Thursday

02 Sep 2021  |  ndtvprofit.com
On September 2, 2021, petrol and diesel prices remained unchanged across the four metros after a marginal reduction the previous day. Petrol was priced at Rs 101.34 and diesel at Rs 88.77 per litre in the national capital, with the highest prices in Mumbai at Rs 107.39 for petrol and Rs 96.33 for diesel. Prices vary due to VAT and are revised daily by state-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum based on international crude oil prices and the rupee-dollar exchange rates. Oil prices fell after OPEC+ decided to continue gradually returning supply to the market amidst surging coronavirus cases and many U.S refiners being offline.

Ami Organics IPO Opens For Bidding Today. Should You Invest?

01 Sep 2021  |  NDTV Profit
Ami Organics' Rs 569.64 crore IPO opens for subscription on September 1, 2021, with a price band of Rs 603-Rs 610 per share. The IPO includes a fresh issue of Rs 200 crore and an offer for sale of Rs 369.64 crore by existing investors. The company allocated 28,01,485 shares to anchor investors at Rs 610 per share. Anand Rathi recommends a 'Subscribe' rating, citing the company's consistent financial performance and positive long-term prospects.

What is the Future of Computing?

12 Nov 2019  |  Koffee with Peter
The article discusses the evolution of computers from large mainframes to the current tablets and smartphones. It suggests that the future of computing will be significantly different from what has been seen so far, implying a transformative change in how computers will be integrated into our lives or the environment around us. The article seems to be an introduction to a broader discussion on the topic, as it does not provide detailed content but rather sets the stage for a question about the future of computing.
×

Peter's confirmed information

Phone number
Verified Nov 2019
Joined
Nov 2019

Log in