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IndiaTV Business: Google News Feed: Digest for April 29, 2023

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Mishtann Foods shares nudged higher today before surrendering the gains after the FMCG major announced that it has incorporated a new subsidiary in the United Arab of Emirates (UAE) to import Thai rice and Jasmine rice from Thailand.
Dehradun: With an aim to provide seamless coverage, a high data rate and a reliable communications system to pilgrims, Reliance Jio on Thursday (April 27) announced the launch of its True 5G services at the Char Dham temples in Uttarakhand. This move will give Jio True 5G users access to the Jio 5G network from across the country visiting Kedarnath, Badrinath, Yamunotri, and Gangotri dhams.
Sindhu Trade Links, a New Delhi based company that is primarily engaged in transportation logistics and support services, has informed exchanges that it has reduced its debt by around 40 per cent. The current outstanding of secured Bank/NBFCs-debt has reached below Rs 100 crore.
New Delhi: Billionaire tycoon Gautam Adani's Group is looking to raise USD 1-1.5 billion for financing new green energy projects in the conglomerate's biggest borrowing since the group came under attack from a US short seller in January.
Air India: The Tata Group-owned Air India will hire more than 1,000 pilots, including captains and trainers, as part of its fleet expansion and network. The airline in an advertisement mentioned that over 500 aircraft are joining its fleet.
Lufthansa in India: Taking its robust presence in India into consideration, German airline Lufthansa announced the launch of two new routes on Thursday: Frankfurt to Hyderabad and Munich to Bangalore.
New Delhi: As Blue Dart, one of the leading logistics firms, is setting up retail outlets in Tier-I and Tier-II towns as part of its expansion roadmap, the company has announced a partnership with innovative location technology what3words.
New Delhi: Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday (April 27). Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 173,000 bad accounts preventing over USD 2 billion in fraudulent and abusive transactions in 2022.
Multibagger Stock: Integra Essentia is in focus today after the company reported robust numbers in the January-March period. The stock of the life essentials company traded 2 higher per higher at Rs 6.55 apiece on NSE.
Hyderabad Outer Ring Road Project: Construction engineering company IRB Infrastructure Developers has bagged a major infra project in Telangana. The company in a filing said that it will construct 158 km-long Hyderabad outer ring road project.
Sindhu Trade Links, a New Delhi based company that is primarily engaged in transportation logistics and support services, has informed exchanges that it has reduced its debt by around 40 per cent. The current outstanding of secured Bank/NBFCs-debt has reached below Rs 100 crore.
New Delhi: Billionaire tycoon Gautam Adani's Group is looking to raise USD 1-1.5 billion for financing new green energy projects in the conglomerate's biggest borrowing since the group came under attack from a US short seller in January.
Air India: The Tata Group-owned Air India will hire more than 1,000 pilots, including captains and trainers, as part of its fleet expansion and network. The airline in an advertisement mentioned that over 500 aircraft are joining its fleet.
Lufthansa in India: Taking its robust presence in India into consideration, German airline Lufthansa announced the launch of two new routes on Thursday: Frankfurt to Hyderabad and Munich to Bangalore.
New Delhi: As Blue Dart, one of the leading logistics firms, is setting up retail outlets in Tier-I and Tier-II towns as part of its expansion roadmap, the company has announced a partnership with innovative location technology what3words.
New Delhi: Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday (April 27). Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 173,000 bad accounts preventing over USD 2 billion in fraudulent and abusive transactions in 2022.
Multibagger Stock: Integra Essentia is in focus today after the company reported robust numbers in the January-March period. The stock of the life essentials company traded 2 higher per higher at Rs 6.55 apiece on NSE.
Hyderabad Outer Ring Road Project: Construction engineering company IRB Infrastructure Developers has bagged a major infra project in Telangana. The company in a filing said that it will construct 158 km-long Hyderabad outer ring road project.
Prevest DenPro Limited, a leading manufacturer of dental materials, has reported 42 per cent increase in net profit in the January-March quarter of financial year 2022-23 on improved sales. The company clocked net profit of Rs 5.10 crore during the March quarter compared to Rs 3.58 crore in the December quarter. In the January-March period of FY22, the company's posted a net profit of Rs 2.46 crore.
Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it surged 560.08 points or 0.92 per cent to 61,209.46.
New Delhi: Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday (April 27). Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 173,000 bad accounts preventing over USD 2 billion in fraudulent and abusive transactions in 2022.
Multibagger Stock: Integra Essentia is in focus today after the company reported robust numbers in the January-March period. The stock of the life essentials company traded 2 higher per higher at Rs 6.55 apiece on NSE.
Hyderabad Outer Ring Road Project: Construction engineering company IRB Infrastructure Developers has bagged a major infra project in Telangana. The company in a filing said that it will construct 158 km-long Hyderabad outer ring road project.
Prevest DenPro Limited, a leading manufacturer of dental materials, has reported 42 per cent increase in net profit in the January-March quarter of financial year 2022-23 on improved sales. The company clocked net profit of Rs 5.10 crore during the March quarter compared to Rs 3.58 crore in the December quarter. In the January-March period of FY22, the company's posted a net profit of Rs 2.46 crore.
Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it surged 560.08 points or 0.92 per cent to 61,209.46.
New Delhi: Biotechnology major Biocon on Friday said the Bengaluru-based plant of Biocon Biologics has received EU GMP approval for a biosimilar product.
Mumbai: India's forex reserves dropped by USD 2.164 billion to USD  584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by USD 1.657 billion to USD 586.412 billion.   It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Multibagger Stock: Integra Essentia is in focus today after the company reported robust numbers in the January-March period. The stock of the life essentials company traded 2 higher per higher at Rs 6.55 apiece on NSE.
Hyderabad Outer Ring Road Project: Construction engineering company IRB Infrastructure Developers has bagged a major infra project in Telangana. The company in a filing said that it will construct 158 km-long Hyderabad outer ring road project.
Prevest DenPro Limited, a leading manufacturer of dental materials, has reported 42 per cent increase in net profit in the January-March quarter of financial year 2022-23 on improved sales. The company clocked net profit of Rs 5.10 crore during the March quarter compared to Rs 3.58 crore in the December quarter. In the January-March period of FY22, the company's posted a net profit of Rs 2.46 crore.
Equity benchmark Sensex climbed over 460 points to reclaim the 61,000 mark while the Nifty closed above the 18k level on Friday, propelled by robust buying in index majors Reliance Industries and ITC amid fresh foreign fund inflows. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 463.06 points or 0.76 per cent to settle at 61,112.44. During the day, it surged 560.08 points or 0.92 per cent to 61,209.46.
New Delhi: Biotechnology major Biocon on Friday said the Bengaluru-based plant of Biocon Biologics has received EU GMP approval for a biosimilar product.
Mumbai: India's forex reserves dropped by USD 2.164 billion to USD  584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by USD 1.657 billion to USD 586.412 billion.   It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments.

Siddhartha Mohanty appointed new LIC Chairman

Friday 28 April 2023 01:58 PM UTC+00
The government appointed Siddharth Mohanty was appointed as the new Chairman of the Life Insurance Corporation (LIC) on Friday. The insurer's former Managing Director B C Patnaik has been appointed as the Member (Life) of the Insurance Regulatory and Development Authority of India (Irdai).
New Delhi: Online food delivery platform Swiggy has started charging all users a "platform fee" of Rs 2 per food order. The charge will remain the same irrespective of the order value. The platform fee is only  applicable on food delivery and is currently not applicable to Instamart deliveries.
Mumbai: Jet Airways CEO-Designate Sanjiv Kapoor resigned on Friday, a little over a year after coming on board in order to revive the airline. He had joined the airline as the Chief Executive Officer in April 2022.
Capital markets regulator Sebi on Friday slapped fines totalling Rs 75 lakh on 15 entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.
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