Shares of UltraTech Cement hit a record high of Rs 5,800, up 5 per cent, on the BSE in Monday's opening trade after the company's net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020 (Q3FY21) on the back of higher volume growth. The company had posted a profit of Rs 712 crore in the corresponding period of the previous year. The stock surpassed its previous high of Rs 5,695 touched on January 11, 2021.
The total number of global coronavirus cases has surpassed the 99 million mark, while the deaths have surged to more than 2.12 million, according to the Johns Hopkins University.
In its latest update on Monday morning, the University's Center for Systems Science and Engineering (CSSE) revealed that the current global caseload and death toll stood at 99,152,014 and 2,128,721, respectively.
Residents of Delhi and NCR are likely to face even lower temperatures in the next two days as fog and cold are predicted to hit the region.
According to the Indian Meteorological Department (IMD), there is a possibility of heavy rain in many regions in north India including Uttar Pradesh, Delhi, Punjab, Haryana, Chandigarh in the next two days. An orange alert has been issued by the department in this regard.
With the Delhi Police giving permission to the farmers protesting at different borders of the national capital, all eyes are on the farmers' tractor rally that is scheduled to the carried out on the Republic Day.
Preparations for the rally are underway at Ghazipur, Singhu and Tikri borders. The agitation has now entered 61st day.
Indian and Chinese militaries will hold a ninth round of talks aimed at resolving the border disputes in Eastern Ladakh after a deadlock prevailed since the last negotiations in November 2020, sources said.
The latest Corps Commander level meet is likely to take place in the next few days, probably in a day or two, the sources, adding contours of the dialogue were being worked out and some changes are expected.
With 14,256 fresh cases, India's COVID-19 tally climbed to 1,06,39,684 on Saturday, while 1,03,00,838 patients have recuperated so far in the country, pushing the national recovery rate to 96.81 per cent, according to the health ministry.
There are 1,85,662 active cases of the coronavirus infection in the country currently, which accounts for only 1.78 per cent of the total caseload, according to data released by the ministry.
Tata Power Solar on Saturday announced that it has bagged an order worth Rs 1,200 crore from state-run power giant NTPC for setting up of 320 MW ground mounted solar project.
Tata Power Solar, India's largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received a "Letter of Award (LoA)" to build 320 MW of ground mounted Solar PV project for NTPC, a company statement said.
The Indian markets on Friday posted their biggest single-day fall in a month amid a slide in global equities and sell-off in the banking space.
Most global stocks dropped, with investors pruning their bullish bets as rising Covid-19 cases sparked concerns about corporate earnings and economic revival. The dollar strengthened and yields rose due to inflation expectations.
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