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India records 4,194 new Covid-19 infections; active cases dip to 42,219

India records 4,194 new Covid-19 infections; active cases dip to 42,219

India logged 4,194 new coronavirus infections, taking the total tally of COVID-19 cases to 4,29,84,261, while the active cases dipped to 42,219, according to the Union Health Ministry data updated on Friday.

The death toll climbed to 5,15,714 with 255 fresh fatalities, the data updated at 8 am stated.

Sarda Energy surges 6%, hits all-time high on healthy earnings outlook

Sarda Energy surges 6%, hits all-time high on healthy earnings outlook

Shares of Sarda Energy & Minerals hit a record high of Rs 1,024.95, surging 6 per cent on the BSE in Friday’s intra-day trade on expectation of healthy earnings going ahead. The stock of iron & steel/intermediates products-maker surpassed its previous high of Rs 1,000 touched on March 3, 2022.

Sarda Energy on Thursday informed that the rating agency India Ratings has assigned fresh ratings ‘IND A-’/Stable for a long term issuer rating of the Company's Subsidiary - Madhya Bharat Power Corporation Ltd (MBPCL).

Cipla gains 3%, hits record high; trades higher for 5th straight day

Cipla gains 3%, hits record high; trades higher for 5th straight day

Shares of Cipla hit a record high of Rs 1,014, up 3 per cent on the BSE in Friday’s intra-day trade and surpassed its previous high of 1,005 touched on September 29, 2021. The stock of pharmaceutical company traded higher for the fifth straight day, up 6 per cent during this period. In comparison, the S&P BSE Sensex was up 0.13 per cent at 55,535 points at 11:14 am.

In the last 10 trading days, the stock has rallied 10 per cent after the company on February 27, announced that it has received an approval from the Subject Expert Committee (“SEC”) of the Central Drugs Standard Control Organization (“CDSCO”) to conduct local trials on anti Covid-19 pill Paxlovid on February 24, 2022.

Oil extends losses as Russia pledges to fulfil supply contracts

Oil extends losses as Russia pledges to fulfil supply contracts

Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfil contractual obligations and some traders said supply disruption concerns were overdone.

Since Russia's Feb. 24 invasion of Ukraine, oil markets have been the most volatile in two years. On Wednesday, global benchmark Brent crude posted its biggest daily decline since April, 2020. Two days earlier, it hit a 14-year high at over $139 a barrel.

Gold trading at Rs 52,580 per 10 gram; silver selling at Rs 69,400 a kg

Gold trading at Rs 52,580 per 10 gram; silver selling at Rs 69,400 a kg

The price of ten gram of 24-carat gold decreased by Rs 1,750 on Friday to Rs 52,580, while the rate of silver decreased by Rs 1,800 per kg to Rs 69,400.

Ten grams of 22-carat gold is selling at Rs 48,200 after a decrease in rate by Rs 1,600.

In Delhi and Mumbai, the price of 10 grams of 24-carat gold stands at Rs 52,580.

WhatsApp Web adds a security layer that works like a 'traffic light'

WhatsApp Web adds a security layer that works like a 'traffic light'

Meta-owned messaging platform WhatsApp has added a layer of security through a web browser extension called Code Verify that provides real-time, third-party verification that the code running someone’s WhatsApp Web has not been tampered with.

Code Verify has been made available as a web browser extension that automatically verifies the authenticity of the WhatsApp Web code being served to a user’s browser and confirms that it hasn’t been tampered with or altered.

BJP breaks 36-year old UP jinx, rides Modi-Yogi magic to power

BJP breaks 36-year old UP jinx, rides Modi-Yogi magic to power

The BJP's comprehensive win in the Uttar Pradesh Assembly elections finally broke a 36-year-old jinx of the incumbent government being voted back to power in the state.

The incumbent UP Chief Minister Yogi Adityanath led the BJP to poll victory, riding a high-decibel election campaign, with thrust on the development agenda along with welfare schemes. Prime Minister Narendra Modi led the BJP's campaign from the outset, first by fully backing the Chief Minister and afterwards by leading an intense campaign in the state.

SBI to revamp banking app YONO, position it as complete digital bank

SBI to revamp banking app YONO, position it as complete digital bank

Country’s largest lender State Bank of India will revamp its banking application YONO and position it as a complete digital bank under new rubric ONLY YONO for enhancing customer experience and ease of use.

It plans to rope in a consultant to help to draw the project plan keeping in mind business goals for the next five years. With 54 million monthly active users (MAUs), SBI YONO has seen a growth of over 35 per cent in MAUs in 2021.

Entertainment Network soars 14%, nears 52-week high on improved earnings

Entertainment Network soars 14%, nears 52-week high on improved earnings

Shares of Entertainment Network (India) soared 14 per cent to Rs 214.75 on the BSE in Thursday's intra-day trade on the back of heavy volumes. The stock of the company, which operates India's FM radio channel Radio Mirchi, traded close to its 52-week high of Rs 226.95 hit on August 2, 2021.

For October-December quarter (Q3FY22), ENIL had reported 70 per cent year-on-year (YoY) jump in its earnings before interest, taxes, depreciation, and amortization (ebitda) to Rs 35.6 crore on tight cost control measures. The company posted profit after tax (PAT) of Rs 11 crore against loss of Rs 2.7 crore in Q3FY21. Revenue grew 17 per cent YoY to Rs. 98.9 crore, driven by 23 per cent growth in core FM radio revenues.

Amarinder accepts defeat in Assembly polls, congratulates AAP on victory

Amarinder accepts defeat in Assembly polls, congratulates AAP on victory

Former chief minister and Punjab Lok Congress president Amarinder Singh on Thursday accepted his defeat and congratulated the Aam Aadmi Party for the victory in the state Assembly polls.

Amarinder Singh, 79, was defeated by Aam Aadmi Party candidate Ajit Pal Singh Kohli from Patiala (Urban) by a margin of 19,873 votes, according to the poll results declared on Thursday.

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