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IT stock opens in green following MoU with GCIB for Africa, check details
29
Apr
By The Press Editor
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Business

IT stock opens in green following MoU with GCIB for Africa, check details

Mumbai: Shares of IT company Blue Cloud Softech Solutions Ltd started the trading session in green after the company informed exchanges that it has entered into a Memorandum of Understanding (MoU) with GCIB for Africa Ltd to develop 'digital factories' and technology-based projects in Senegal and other African countries. The firm stated that this partnership will involve the two entities forming a joint venture (JV) or special purpose vehicle (SPV) to work in sectors such as IT, healthcare, infrastructure, education, and renewable energy. The company will work with the government and private organisations to strengthen digital services and infrastructure. In…
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Upper circuit alert: Stock under Rs 50 jumps 10% amid rally in benchmark indices
29
Apr
By The Press Editor
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Business

Upper circuit alert: Stock under Rs 50 jumps 10% amid rally in benchmark indices

Mumbai: Shares of Hyderabad-headquartered MIC Electronics Limited (MICEL) surged 10 per cent on Wednesday amid a rally in benchmark indices. The stock started the trading session in green amid a rebound in Sensex and Nifty, helped by buying in blue-chip stocks and a rally in Asian markets. Buying by domestic institutional investors also offered support, helping cushion the downside moves. While the 30-share BSE Sensex gained 358.92 points to 77,245.83, the 50-share NSE Nifty was up by 101.2 points to 24,096.90. Amid the rally, the stock opened with a gain of 0.88 per cent, or Rs 0.36, at Rs 40.86,…
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From Purvanchal to Haridwar, Ganga Expressway to have several link corridors: Check routes and other details
29
Apr
By The Press Editor
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Business

From Purvanchal to Haridwar, Ganga Expressway to have several link corridors: Check routes and other details

New Delhi: Prime Minister Narendra Modi will inaugurate 594-km long Access-Controlled Greenfield Ganga Expressway in Hardoi district. Built at a cost of around Rs 36,230 crore, Ganga Expressway will significantly reduce travel time between Meerut and Prayagraj from the current 10-12 hours to approximately 6 hours. One of the key highlights of the project is the provision of a 3.5 km-long Emergency Landing Facility (airstrip) in Shahjahanpur district. In the event of an emergency, fighter jets can land here, making this project strategically important. This dual-use infrastructure enhances national security preparedness and adds strategic value beyond economic benefits. To connect…
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Market Opening Bell: Sensex up 358.92 points, Nifty at 24,096.90, Eternal gains over 4%
29
Apr
By The Press Editor
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Business

Market Opening Bell: Sensex up 358.92 points, Nifty at 24,096.90, Eternal gains over 4%

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened higher on Wednesday, April 29, 2026, despite Brent crude oil prices rising to USD 111 per barrel. While the 30-share BSE Sensex added 358.92 points or 0.46 per cent to start the session at 77,245.83, the Nifty gained 101.2 points to open at 24,096.90. In the last trading session, the Sensex closed atย  76,886.91 and the Nifty 50 at 23,995.70. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index was up by 134.42 points, the BSE Smallcap Select Index added 58.97…
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No plans to increase petrol, diesel prices after assembly elections conclude tomorrow: Government
28
Apr
By The Press Editor
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Business

No plans to increase petrol, diesel prices after assembly elections conclude tomorrow: Government

New Delhi: In a piece of good news for the petrol and diesel customers, the Central government on Tuesday said it has no plans to increase petrol and diesel prices, dismissing speculation of a hike after polling in West Bengal ends on April 29. Retail petrol and diesel prices have remained unchanged for a record fourth year, even as conflict in West Asia has pushed crude oil costs up more than 50 per cent over the past two months. The widening gap between input costs and pump prices has left state-run fuel retailers incurring heavy losses - with some estimates…
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‘On verge of stopping operations’: Airlines warn of shutdown, seek ATF price relief from Centre
28
Apr
By The Press Editor
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Business

‘On verge of stopping operations’: Airlines warn of shutdown, seek ATF price relief from Centre

Mumbai: Air India, IndiGo, and SpiceJet have told the government that the country's aviation sector is under "extreme stress" and on the verge of "stopping operations", as they sought a revision in Aviation Turbine Fuel (ATF) pricing along with financial support. The ongoing tensions in West Asia have driven up oil prices, while airspace restrictions have significantly increased operating costs, particularly for long-haul routes. ATF alone accounts for nearly 40 per cent of an airline's operational expenses, making cost pressures increasingly difficult to manage. Indian Airlines writes to Centreย  Against this backdrop, the Federation of Indian Airlines (FIA)ย  has written…
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Anant Ambani comes forward to save 80 hippos from death in Columbia, offers relocation to Vantara
28
Apr
By The Press Editor
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Business

Anant Ambani comes forward to save 80 hippos from death in Columbia, offers relocation to Vantara

New Delhi: Anant Ambani, Executive Director, Reliance Industries Limited, and Founder of Vantara, one of the world's largest wildlife rescue, care, and conservation centres, has formally petitioned the Government of Colombia to stay the execution of 80 hippopotamuses. In a letter addressed to Irene Velez Torres, Colombia's Minister of Environment and Sustainable Development, Ambani offered a humane alternative: relocating the animals to a permanent home at the Vantara rescue and conservation centre in Jamnagar, Gujarat. He made this appeal as eighty hippopotamuses in Colombia's Magdalena River basin have been authorised for lethal removal. Compassionate Alternative The hippos, located in the…
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Rs 240 Dividend: This cement maker announces quarterly results, recommends special dividend – Details here
28
Apr
By The Press Editor
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Business

Rs 240 Dividend: This cement maker announces quarterly results, recommends special dividend – Details here

Mumbai: Country's leading cement maker company, UltraTech Cement, has announced its financial results for the January-March quarter of FY26. The company has reported a consolidated net profit of Rs 3,000.02 crore during the March quarter. Along with this, the company has recommended a special dividend for the 2025-26 financial year. The company shared the information in a separate filing. While it has announced the amount of special dividend, there is no update regarding the record date and ex-date to determine the eligibility of shareholders for this corporate action. UltraTech Cement Dividend Amount The company has recommended a special dividend of…
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Gold prices continue to drop on MCX as crude oil gains, silver too falls | Check city-wise rates
28
Apr
By The Press Editor
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Business

Gold prices continue to drop on MCX as crude oil gains, silver too falls | Check city-wise rates

Mumbai: Rates of precious metals in futures continue to fall on Tuesday, April 28, 2026, as elevated crude oil prices continue to be a key concern. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened in the red with a drop of Rs 21 at Rs 1,51,700 per 10 grams against the previous close of Rs 1,51,721. It dropped further to touch an intraday low of Rs 1,50,450, a drop of Rs 1,271 or 0.83 per cent. Last seen, it was trading at Rs 1,50,650 with a drop of Rs 1,071 or 0.71 per cent. On the…
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