Category: TRENDING NEWS

In March and April, the organization – an auxiliary of Everest Kanto Cylinder Limited in India – dispatched around 6,000 oxygen chambers and in May the number is probably going to go up to 7,000.

In March and April, the organization – an auxiliary of Everest Kanto Cylinder Limited in India – dispatched around 6,000 oxygen chambers and in May the number is probably going to go up to 7,000.

“We are an Indian auxiliary and when we came to think about the oxygen chamber lack in India, we needed to ascend to the call of our country and serve the necessities of our country,” he said.

Khurana said that since March, they have been trading these chambers in various holders to Port Mundra in Gujarat.

We make the chambers which are then loaded up with clinical oxygen by Gulf-based mechanical gas organizations like Emirates Industrial Gases Company (EIGC) and Gulf Cryo, and these are delivered to Port Mundra. Every compartment that is delivered contains around 350 chambers of 50 liter limit.

“We view at this as a basic or crisis obligation and will keep on creating oxygen chambers however long India needs them. The Adani Group from Gujarat connected with us and we quickly adjusted the creation to assembling oxygen chambers which have a somewhat unexpected determination in comparison to CNG chambers,” Khurana said.

India is battling with a phenomenal second influx of the Covid-19 pandemic with in excess of 3,00,000 every day new Covid cases being accounted for longer than seven days.

Emergency clinics in a few states are reeling under a deficiency of clinical oxygen and beds.

Sources of News From Online .

My View : EKC Started Up move again from 113.50 to 125.40 . Expecting New 52 weeks High Possible in Coming Days & Months also , All are For Study Purposes Only .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.
He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information.
Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone.

Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

sugar production network is relied upon to be negligible because of night curfews and lockdown forced in certain states as this time limitations are more coordinated and standard working methods are in places, industry body ISMA .
Indian Sugar Mills Association (ISMA) said the nation’s sugar creation arrived at 29.09 million ton till April 15 of the 2020-21 season (October-September), higher than 24.82 million ton in the year-prior period.

Sugar trades were at 2.97 million ton till March of this season, against the required quantity of 6 million ton set for the flow year.

Anyway this year, ISMA said interruption in the sugar store network is required to be negligible because of night check in time and lockdowns as this time limitations are more coordinated and standard working strategies are as of now set up.

ISMA has fixed the nation’s sugar creation at 30.2 million ton for the 2020-21 season, as against 27.42 million ton in the earlier year.

Delivering the most recent information, ISMA said factories have sold about 12.98 million ton of sugar in the homegrown market till March of this season, against the share of 12.5 million ton.

A year ago, sugar deals were influenced because of the country-wide lockdown and subsequent conclusion of eateries, shopping centers, film lobbies, and so forth, which thusly had affected the interest for sugar improved items like frozen yogurt.

On India’s sugar creation, ISMA said sugar creation in Uttar Pradesh – the nation’s driving sugar delivering state – remained barely lower at 10.08 million ton till April 15 of the progressing season, from 10.82 million ton in the year-prior period.

While creation in Karnataka – the country’s third biggest sugar delivering state was 4.14 million ton till April 15 of the momentum season as against 3.38 million ton in the year-prior period.

Bihar, Punjab, Chhattisgarh, Telangana, Rajasthan and Odisha have effectively shut their devastating tasks for the flow season, while others aside from Haryana are nearly conclusion quickly.

ISMA said not many plants in south Karnataka will work in the extraordinary season from July-September of this current year.

My View : Sugar Sector Stocks are up Some Have Already Given 80% and 100% up . Stay Out of Such Stocks Wait for Good Entry But, Not Now.

Based On News .

STUDY PURPOSES ONLY .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.

He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone.

Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Sebi has forced a punishment of Rs 25 crore on Yes bank and three senior chiefs of its private abundance supervisory crew for purportedly executing misrepresentation on its clients by impacting them to change their venture positions from fixed stores (FD) to unsafe AT-1 (extra level 1) bonds

The controller imposed a penalty of Rs 1 crore on Vivek Kanwar, head of private abundance the board, and Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga.

Sebi said it had gotten a few objections from financial investors in AT-1 bonds issued by by Yes Bank. It said it led an examination and found that AT-1 obligations of Yes Bank were offered to retail Investors between December 1, 2016 and February 29, 2020.

The SEBI saw down-sell of AT-1 bonds were not haggled among purchasers and merchants exclusively however worked with by Yes Bank for around 1,300 individual financial backers, a large portion of whom were existing clients of Yes Bank. It likewise saw that Yes bank addressed the item as “Super FD” and “as protected as FD .

The term sheet was not shared to numerous financial Investors and no confirmation was taken from the financial Investors on their comprehension of he highlights and risks associated with the bond.

Hazard profiling of individual customers was not done particularly financial backers more than 70/80/90 years of age. Parcel size of the bond was diminished to work with down deal to singular financial backers. Push from the MD and President (Rana Kapoor) of Yes Bank to down sell the AT1 bonds which drove the private abundance supervisory crew to foolishly offer the bonds to singular Investors.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.

He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Markets controller Sebi decreased the timetables for discount of financial backers’ cash to four days if there should arise an occurrence of non receipt of least membership and the guarantor neglecting to get posting or exchanging authorization from the stock trades.

The timetables have been decreased subsequent to thinking about that Application Supported by Blocked Amount (ASBA) has been commanded for all candidates in broad daylight issues.

As a feature of the system, the application cash isn’t moved however just impeded in the financial backer’s record and is charged uniquely upon distribution. It is unblocked if there is no or part allocation.

Further, post presentation of Unified Payments Interface (UPI) instrument openly issues, delegates are dependable to remunerate financial backers for any postponement in unblocking of sums in the ASBA accounts surpassing four working days from the bid or issue shutting date.

In view of different counsels with the market members, it has been chosen to diminish the timetables for discount of the cash to the financial backers… to four days.

As of now, if there should arise an occurrence of non receipt of least membership, the guarantor is ordered to discount all the application cash inside 15 days from the conclusion of the issue. In the event that the guarantor neglects to acquire posting or exchanging consent from the stock trades where the protections were to be recorded, it should discount the whole cash got inside 7 days of receipt of implication from the trades dismissing the application.

These timetables have now been decreased to four days.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk. This is my personal thoughts on this company and not at all a buy recommendation. Do own due diligence /consult a SEBI registered advisor before any action.

TATA Steel recaptured market capitalisation (market-cap) of Rs 1 trillion in Thursday’s intra-day exchange after the stock hit its most significant level since June 2008, on sound operational execution and assumption for development in the organization’s viewpoint. In the previous multi week, the stock has mobilized 16%, against 2.2 percent ascend in the S&P BSE Sensex.

TATA Steel Steel’s market-cap hit Rs 1-trillion (Rs 100,053 crore) after the stock hit a high of Rs 836.15, up 3% on the BSE in intra-day exchange today. the scrip was exchanging 2.6 percent higher at Rs 833 with the market-cap of Rs 99,682 crore, BSE information appeared.

Moody’s, on Wednesday, amended the point of view toward Tata Steel Ltd from “negative” to “stable” on the organization’s strong recuperation in tasks in the second from last quarter of current financial year (FY21). The worldwide rating organization attested the organization’s Ba2 corporate family appraising (CFR). The organization will support the improvement more than 12-year and a half, empowering its combined monetary measurements to recuperate to levels more proper for its Ba2 CFR, it said.

The rating activity additionally mirrors the organization’s proactive monetary administration in the midst of the [Covid-19] pandemic. It has freely expressed objective of paying off net obligation by in any event $1 billion every year and focusing on deleveraging over capital use.

In the previous a half year, the stock has zoomed 130%, when contrasted with 28% ascent in the S&P BSE Sensex. The recuperation in the worldwide and Indian economy has prompted sharp improvement in steel interest in India. The interests in framework and ongoing arrangement advancements, to drive monetary development, should drive steel interest in India.

Higher worldwide costs could drive trades higher in the close term as homegrown players may hope to clear their inventories with FY21 reaching a conclusion. In addition, adjustment in steel costs in the homegrown market and premium proposals in the global market has made fares more appealing.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk. This is my personal thoughts on this company and not at all a buy recommendation. Do own due diligence /consult a SEBI registered advisor before any action.

Markets controller The Securities and Exchanges Board of India has put out a far reaching structure to manage specialized glitches at Market Infrastructure Institutions (MIIs).

According to an assertion delivered by the controller on February 25, MIIs gritty underlying driver examination to SEBI in a period bound way after due screening by the Technology Committee and Governing Board of the MII.

This report will be put before the Technical Advisory Committee (TAC) of SEBI, which comprises of prominent academicians and technocrats.

The system proposes an observing component for guaranteeing remedial activity alongside suitable punishment any place justified.

Aside from this, the controller said that it would take all vital measures to guarantee correction of the hidden causes including tending to institutional lacks.

“Perceiving the significance of Business progression, MIIs are needed to do live exchanging from catastrophe recuperation site for 2 sequential days like clockwork separated from leading quarterly debacle recuperation drills,” it said.

SEBI has looked for a report from the National Stock Exchange (NSE) on closure of exchanging at the trade on February 24.

Exchanging at the NSE was ended for a significant part of the day today following a specialized glitch.

The capital business sectors controller had before forced a punishment of Rs 50 lakhs on the trade because of a few specialized glitches. SEBI has an arrangement to repay financial backers for misfortunes because of specialized glitches. Notwithstanding, the technique for remuneration is yet to be concluded.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

NSE glitch features The National Stock Exchange (NSE) confronted a specialized glitch because of which it needed to end exchanging on Wednesday. The benchmark Nifty 50 didn’t refresh since 10.08 am. The list was subsequently restarted at 3:30 pm, when advertises commonly close, and exchanging continued for an additional hour and a half till 5:00 pm .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

After differentiated aggregate ITC documented an argument against CG Foods (India) of Nepal-based Chaudhary Group, charging it of copyright encroachment and passing off on account of Sunfeast Yippee! Wizardry Masala noodles, a business court in Bengaluru has requested a transitory directive against the firm from assembling and selling its Wai X-Press Noodles Majedar Masala in India.

ITC documented the suit against CG Foods last Saturday for perpetual directive and pay, among others, claiming that the last has “deliberately and unscrupulously” replicated its unmistakable bundling, exchange dress and creative work of Sunfeast YiPPee! Sorcery Masala by encroaching the copyright and to pass off Wai X-Press Noodles Majedar Masala.

Passing the ex parte brief directive, the business court in Bengaluru on Tuesday said, “Kindly to give a request for transitory order limiting the respondent… from in any way, encroaching the copyright of the offended party in the bundling of Sunfeast Yippee! Wizardry Masala noodles until the last removal of this suit on the benefits in light of a legitimate concern for equity and value.”

ITC has recorded a body of evidence against CG Foods for copyright encroachment and a directive request has been gotten. A mail shipped off the Chaudhary Group went unanswered till the hour of going to press.

YiPPee Noodles presently have around 23% piece of the pie in India. In the wake of announcing its second from last quarter results recently, YiPPee-Noodles kept on account solid development. “The Branded Packaged Foods Businesses conveyed a versatile execution driven by solid development in Noodles, Snacks, Spices and Dairy classifications.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.