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Bajaj Electricals surges 18%, hits new high on robust Q3 results

Bajaj Electricals surges 18%, hits new high on robust Q3 results

Shares of Bajaj Electricals hit a new high of Rs 907, surging 18 per cent in intra-day deals on the BSE on Friday after the company reported robust consolidated net profit of Rs 98 crore in December quarter (Q3FY21), on strong performance by consumer products (CP) business. The household appliances maker had profit of Rs 9 crore in a year ago quarter.

ITC hits new 52-week high, up 18% in 5 days; board to mull interim dividend

ITC hits new 52-week high, up 18% in 5 days; board to mull interim dividend

Shares of ITC extended their rally to the fifth straight day on Friday as the stock jumped 4 per cent to hit a fresh 52-week high of Rs 239 on the BSE in intra-day trade. The stock has surged 18 per cent in the past five trading days as there was no material announcement in the Budget that would significantly impact any of the consumer stocks. ITC had hit an intra-day high of Rs 239.25 on previous year Budget day, February 1, 2020.

Tech Mahindra brings back Milind Kulkarni as CFO effective April 2

Tech Mahindra brings back Milind Kulkarni as CFO effective April 2

Tech Mahindra named Milind Kulkarni as its Chief Financial Officer (CFO) effective 2nd April 2021.

This will be Kulkarni's second stint as CFO, a position he held for five years from 2013-2018. He succeeds Manoj Bhat, who will be taking over as Group Chief Financial Officer, Mahindra & Mahindra Group as part of a leadership rotation strategy.

Delhi Police to seek info from Google on authors of 'Toolkit' shared by Greta Thunberg

Delhi Police to seek info from Google on authors of 'Toolkit' shared by Greta Thunberg

To track the 'toolkit' shared by Swedish environment Greta Thunberg, Delhi Police will reach out to Google to get the internet protocol (IP address) or the location from where the document was created and uploaded to the social media platform.

According to Police sources quoted by news agency ANI, this inquiry is being done to identify the authors of the 'Toolkit' which was shared on Google Docs.

BKU leader Rakesh Tikait says this on Rihanna, Greta Thunberg's remarks on farmers' protest

BKU leader Rakesh Tikait says this on Rihanna, Greta Thunberg's remarks on farmers' protest

As the farmers' protest gain recognition from global personalities, a farmer leader at the centre of things did not know of the people extending their support. Bharatiya Kisan Union (BKU) leader Rakesh Tikait still welcomed the support given by such famous persons as pop star Rihanna and environmental activist Greta Thunberg even though he did not know of them.

There are around 4,000 variants of coronavirus, says British minister

There are around 4,000 variants of coronavirus, says British minister

There are around 4,000 coronavirus variants around the world prompting vaccine manufacturers, including Pfizer Inc and AstraZeneca, to try to improve their shots, a British minister said.

Thousands of variants of the type of coronavirus that causes Covid-19 have been documented as the virus mutates, including the so-called British, South African and Brazilian variants which appear to spread more swiftly than others.

No change in interest rates as RBI keeps repo rate at 4%

No change in interest rates as RBI keeps repo rate at 4%

Announcing the key decisions of the monetary policy committee, the Reserve Bank of India (RBI) has kept the repo rates unchanged at 4%. This is the first monetary policy announcement after the presentation of the Union Budget 2021-22 on February 1.

The Monetary Policy Committee met on 3rd, 4th and 5th February and deliberated on current and evolving macroeconomic and financial developments both domestic and global. The MPC voted unanimously to leave the policy repo rate unchanged at 4 per cent, said Das.

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai

Petrol prices in India touched new all-time highs after oil marketing companies increased rates on Friday, fuelling hopes that the government cuts excise duties.

Petrol price in Delhi soared by 30 paise to Rs 86.95 a litre on Friday. This marks the highest ever price at which petrol has been sold in New Delhi, surpassing the earlier high of Rs 86.65 a litre that was recorded yesterday. Diesel inched up by 35 paise to Rs 76.83.

PayPal to shut shop in India from April 1, focus on global customers

PayPal to shut shop in India from April 1, focus on global customers

PayPal Holdings Inc will wind down its domestic payments business in India from April 1, the company said in a statement on Friday.

San Jose, California-based PayPal will instead focus on its cross-border payments business, which means global customers will still be able to pay Indian merchants using the service.

M&M rallies 19% in four days, hits fresh 52-wk high on strong tractor sales

M&M rallies 19% in four days, hits fresh 52-wk high on strong tractor sales

Shares of Mahindra & Mahindra hit a fresh 52-week high of Rs 893 on the BSE aftre rallying 7 per cent on Thursday. The stock has surged 19 per cent in the past four days after reporting strong tractor sales volume of 35,000 units for January 2021, up 50 per cent over the same month previous year. The stock is 10 per cent away from its all-time high level of Rs 992, touched on August 30, 2018.

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