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Day: January 24, 2021

Several countries have shown interest in procuring Tejas aircraft: HAL

By Finance KhabarIn Featured, OthersPosted January 24, 2021
hal

New Delhi: The delivery of the Tejas Light Combat Aircraft (LCA) to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets, Chairman and Managing Director of...

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eGrocery To Grow 8X In 5 Years In India, Jiomart Big Gainer

By Finance KhabarIn Featured, OthersPosted January 24, 2021
eGrocery To Grow 8X In 5 Years In India, Jiomart Big Gainer

New Delhi: The eGrocery market has grown 60 per cent from the calendar year 2020 and is expected to grow 41-49 per cent by the first half of CY21, according to the latest data provided by a homegrown consulting firm As the e-commerce battle intensifies in India, with Reliance Retail's...

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IRDAI Panel For Separate Payments Of Vehicle, Insurance Premium

By Finance KhabarIn Featured, InsurancePosted January 24, 2021
IRDAI Panel For Separate Payments Of Vehicle, Insurance Premium

New Delhi: The Insurance Regulatory and Development Authority of India (Irdai) had issued MISP guidelines in 2017 with the intention of streamlining the process and bringing the practices of vehicle insurance, being sold by automotive dealers under the provisions of the Insurance Act, 1938. Buyer of a new vehicle may...

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4 out of top 10 companies m-cap increased by Rs 1.15 lakh crore

By Finance KhabarIn Equities, FeaturedPosted January 24, 2021
MUMBAI: The stock market rose for the second consecutive day on Thursday on the strength of buying in oil and gas, metals, energy, etc. groups at the domestic level amid mixed signals of global level. The 30-share sensitive index Sensex of the BSE rose 257.62 points to 51,039.31 points and the National Stock Exchange (NSE) Nifty climbed 115.35 points to 15,097.35 points. Along with the giants, there was buying momentum in the small and medium companies as well, with the BSE midcap rising 1.09 percent to 20,333.80 points and the smallcap ending 1.42 percent up at 20,304.98 points. Shares included in the Sensex were buying in companies like HDFC Bank, Reliance Industries and Infosys. According to traders, the positive trend in the global markets also supported the domestic market. Among the Sensex stocks, Axis Bank gained the most by nearly three percent. After that, shares of IndusInd Bank, Axis Bank, ONGC, Kotak Bank, State Bank, HDFC Bank, Reliance Industries and Infosys also rose. In contrast, shares of Nestle India, Asian Paints, Hindustan Unilever and Tech Mahindra declined.

The market capitalization (market cap) of four of the top 10 companies of the Sensex increased by Rs 1,15,758.53 crore last week. During this period, the market capitalization of Reliance Industries increased by Rs 71,033.44 crore. The Sensex lost 156.13 points or 0.31 per cent during the whole week. Apart...

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Mutual funds: 72 million folios added in 2020

By Finance KhabarIn Featured, Mutual FundPosted January 24, 2021
Mutual funds: 72 million folios added in 2020

The entire 2020 Covid passed under the shadow of 19. It would not be wrong to call the past year the year of the epidemic. Despite the Corona virus epidemic, investment in mutual funds and new investors continued to be added in 2020. Mutual fund companies added 72 lakh folios...

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