Business

11 Apr

Silver futures jump by Rs 1,216 to Rs 92,811 per kg

Priyanka RoyBusiness, News

New Delhi, Apr 11: Silver prices rose by Rs 1,216 to Rs 92,811 per kg in futures trade on Friday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 1,216, or 1.33 percent, to Rs 92,811 per kg in a business turnover of 19,617 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 1.99 percent higher at $31.37 an ounce in New York.

10 Apr

IDBI Bank shares gain after DIPAM secretary says divestment progress is on track

Priyanka RoyBusiness, News

DIPAM secretary Arunish Chawla said the long-awaited IDBI Bank divestment by the government is progressing rapidly, with several key steps being taken. IDBI Bank shares rallied over 3 per cent on April 9. Speaking to CNBC-TV18 earlier this week, Chawla described the 'multi-stage' process as 'quite complex' involving multiple work-streams running in parallel. "The virtual data room is active, all queries are being answered, we are negotiating the shareholders' agreement, and we have already appointed an asset valuer," Chawla said, adding, "Everything is moving like a parallel computer." The DIPAM secretary refrained from giving any specific timelines, but indicated that…

09 Apr

Redefining the SUV Experience: Urban Cruiser Hyryder’s Latest Upgrades

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has rolled out a strategic upgrade to its Urban Cruiser Hyryder, reflecting a broader push to consolidate its position in India’s rapidly expanding hybrid SUV segment. With over 1 lakh units sold since launch, the Hyryder’s latest enhancements are designed to cater to evolving consumer expectations and intensify competition in the mid-size SUV market. The updated model features structural safety upgrades, six airbags as standard, and a new 6-speed automatic transmission in the AWD variant. Comfort and tech enhancements—such as ventilated front seats, 8-way power driver seat, ambient lighting, Air Quality Index display, LED reading lamps,…

09 Apr

Adani Group shares rose after huge fall

Priyanka RoyBusiness, News

New Delhi, Shares of all 11 listed companies of Adani Group rose on Tuesday. All these companies remained in a strong position, recovering from the previous day's fall amid improvement in the stock market.Shares of Adani Enterprises rose 3.27 percent, Adani Total Gas 3.27 percent, Adani Energy Solutions 3.23 percent and Ambuja Cements 2.53 percent on BSE.ACC shares rose 2.32 percent, Adani Wilmar 2.24 percent, Adani Ports 1.72 percent, Sanghi Industries 1.62 percent, NDTV 1.06 percent, Adani Power 0.54 percent and Adani Green Energy 0.30 percent.The combined market valuation of all 11 companies stood at Rs 12,18,530 crore. Stock markets…

08 Apr

Gold prices decay for second consecutive session, down ₹1,550 to ₹91,450/10 gram on trade war fears; silver prices fall ₹3,000

Priyanka RoyBusiness, News

Domestic gold prices fell by ₹1,550 to ₹91,450 per 10 gram (24 carat, 99% purity) in the national capital on Monday, falling for the second consecutive session amid continued selling by jewellers and investors amid weak global trends, All India Sarafa Association reported. Gold of 99.5% purity (22 carat) closed at ₹91,000 per 10 gram on Monday, April 7. On Friday, gold prices closed at ₹93,000 per 10 gram (24 carat) and ₹92,550 (22 carat).Silver prices also declined on Monday, continuing its decline for the fifth consecutive session, falling by Rs 3,000 to Rs 92,500 per kg. Silver prices closed…

07 Apr

Byatikram Education Conclave 2.0 catalyzes academic investment and growth potential in Tripura

Business BureauBusiness

The Byatikram Education Conclave 2.0, organized by Byatikram Group in collaboration with The Times of India, has emerged as a significant inflection point in Tripura’s educational and economic trajectory. Held at Hotel Polo Towers, Agartala, the conclave convened top academic institutions including JIS Group, Techno India University, NEPNI, Tripura University, and National Law University Tripura, alongside policymakers and industry leaders, to discuss the future of education and regional development. Chief Guest Shri Animesh Debbarma hailed the initiative as a first-of-its-kind in Tripura, noting its importance in bridging student aspirations with institutional capabilities. Key panel discussions focused on employability, regional placement…

07 Apr

Polycab targets fan marketsurge with launch of Super ROI BLDC range

Business BureauBusiness

Polycab India has strengthened its presence in the fan category with the launch of its Super ROI range, aiming to capture a larger share of the fast-growing energy-efficient appliances market. Backed by a new manufacturing facility in Halol with a production capacity of over 9 million fans, the company is positioning this range as a smart investment offering high performance, superior air delivery, and significant energy savings. The Super ROI fans are powered by BLDC (Brushless Direct Current) technology, delivering up to 50% energy savings and 25% higher air delivery in select models. With features like reverse rotation for winter…

07 Apr

ONGC, Oil India shares lapse to 8% – Key factors explained

Priyanka RoyBusiness, News

Shares of state-run oil explorers Oil India Ltd and Oil and Natural Gas Corporation Ltd (ONGC) fell up to 8% on Friday, April 4, following a massive drop in crude oil prices overnight.Both Brent and WTI crude declined nearly 7% on Thursday. While WTI fell towards the $66 per barrel mark, Brent prices dropped to $70 per barrel.This drop in Brent crude was caused by the Organization of Petroleum Exporting Countries (OPEC+) announcing an unexpected, larger-than-expected production hike. While OPEC+ had planned to raise production by 1.38 million barrels per day in May, they announced a 4.11 million barrel per…

05 Apr

Here are four reasons why HDFC Bank share price rose 2.6% after its fourth quarter update:

Priyanka RoyBusiness, News

HDFC Bank share price rose 2.6% to hit an intra-day high of Rs 1,841.95. It is the top gainer on the Nifty 50. The surge in share price came after the company reported its business update about the fourth quarter of FY25. HDFC Bank: Deposit growth jumps 14% in Q4The country’s largest private sector lender reported that its deposits grew 14.1% year-on-year in the fourth quarter of FY25, rising 5.9% on a sequential basis to Rs 27.15 lakh crore. Its gross advances grew 5.4% year-on-year and 4% on a quarter-on-quarter basis to Rs 26.44 lakh crore. HDFC Bank: Credit outlook…

04 Apr

Agartala Hosts Byatikram Education Conclave 2.0: A Platform for Educational Excellence

Business BureauBusiness

Great minds, greater discussions! A glimpse into the upcoming Byatikram Education Conclave 2.0, where esteemed panelists and distinguished guests gathered at the Agartala Press Club for the press meet. The event set the stage for what promises to be an exciting and insightful Conclave, with experts from various fields coming together to discuss the future of education.The Byatikram Education Conclave 2.0 is scheduled to take place on 5th April 2025 at Hotel Polo Tower, Agartala, Tripura. This year’s event will bring together leading educators, thought leaders, and innovators for thought-provoking conversations aimed at shaping the future of education. Topics will…