Tracxn Technologies are a IPO share allotment today. A guide on how to the check application status are a online

Tracxn Technologies are a IPO share allotment today. A guide on how to the check application status are a online

The three-day initial public offering (IPO) of a Tracxn Technologies was a  subscribed two times are at the close of the offer on a Wednesday. The ₹309-crore IPO received bids for the 4.27 crore shares are a against 2.12 crore shares on a offer, according to the NSE data.

The finalization of a basis of a share allotment of a Tracxn Technologies IPO is a expected to take the place today i.e., Monday, October 17, 2022 and if allotted, then the credit of a shares to the demat account of a bidders will be a done on a Wednesday, October 19, 2022. The registrar for this IPO is a Link Intime India Private Ltd, therefore the allotment application can be a checked on the registrar's are a website here or on the BSE website here.

As per market observers, Tracxn Technologies are a shares have been a fallen from the premium (GMP) and now available at a discount of a ₹(-) 3 in the grey market today. The shares of the company are a expected to the list on a stock exchanges BSE and a NSE this week on a Thursday, October in a 20, 2022.

The issue of up to the 3,86,72,208 equity shares was in a price range of a ₹75-80 a share. The initial share sale was a entirely an a offer-for-sale (OFS) of a shares by promoters and a investors. The OFS saw sale of up to the  76.62 lakh shares are a each by promoters are a Neha Singh and a Abhishek Goyal, up to the 12.63 lakh shares are a each by the Flipkart founders are a Binny Bansal and a Sachin Bansal.

The category for the retail individual investors (RIIs) was a subscribed 4.87 times and the portion for the Qualified Institutional Buyers (QIBs) received 1.66 times are a subscription and the quota for the non-institutional investors got the subscribed 80%, as a per the exchanges data.

Before the IPO, Tracxn had been a raised ₹139 crore from the 15 anchor investors are a including India Acorn Fund, BNP Paribas Arbitrage, Whiteoak Capital, Kotak Mutual Fund, ICICI Prudential MF, Nippon India MF, and a Reliance General Insurance Co.

Tracxn Technologies are a provides market intelligence data for the private companies. It is a comprehensive B2B information platform that identifies, tracks and a analyses private market companies and a startups on deal sourcing, deal diligence and has the largest are a global coverage in a emerging technology sectors such as a artificial intelligence, virtual reality, robotics, and a blockchain.

"" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો "" 

Read More

Tracxn Technologies એ આજે ​​IPO શેર ફાળવણી છે. એપ્લિકેશન સ્થિતિ કેવી રીતે તપાસવી તે અંગેની માર્ગદર્શિકા ઑનલાઇન છે

Tracxn Technologies એ આજે ​​IPO શેર ફાળવણી છે. એપ્લિકેશન સ્થિતિ કેવી રીતે તપાસવી તે અંગેની માર્ગદર્શિકા ઑનલાઇન છે

Tracxn Technologies ની ત્રણ-દિવસીય પ્રારંભિક પબ્લિક ઓફરિંગ (IPO) બે વખત સબ્સ્ક્રાઇબ કરવામાં આવી હતી તે બુધવારે ઑફરની સમાપ્તિ પર છે. NSE ડેટા અનુસાર, ₹309-કરોડના IPOને 4.27 કરોડ શેર માટે બિડ મળી હતી, જે ઓફર પરના 2.12 કરોડ શેરની સામે છે.

Tracxn Technologies IPO ના શેરની ફાળવણીના આધારને અંતિમ સ્વરૂપ આપવાનું આજે એટલે કે સોમવાર, ઓક્ટોબર 17, 2022 ના રોજ થવાની ધારણા છે અને જો ફાળવણી કરવામાં આવે, તો બિડરના ડીમેટ ખાતામાં શેરની ક્રેડિટ એક હશે. બુધવાર, ઑક્ટોબર 19, 2022 ના રોજ કરવામાં આવ્યું હતું. આ IPO માટે રજિસ્ટ્રાર એક લિંક ઇન્ટાઇમ ઇન્ડિયા પ્રાઇવેટ લિમિટેડ છે, તેથી ફાળવણીની અરજી રજિસ્ટ્રારની વેબસાઇટ પર અથવા અહીં BSE વેબસાઇટ પર ચેક કરી શકાય છે.

બજારના નિરીક્ષકોના જણાવ્યા મુજબ, Tracxn Technologies એ એક શેર છે જે પ્રીમિયમ (GMP) થી ઘટ્યો છે અને આજે ગ્રે માર્કેટમાં ₹(-) 3 ના ડિસ્કાઉન્ટ પર ઉપલબ્ધ છે. કંપનીના શેર આ અઠવાડિયે 20 ઓક્ટોબર, 2022 માં ગુરુવારે, સ્ટોક એક્સચેન્જો BSE અને NSE પર સૂચિબદ્ધ થવાની અપેક્ષા છે.

3,86,72,208 સુધીના ઇક્વિટી શેરનો ઇશ્યૂ ₹75-80 પ્રતિ શેરની કિંમતની શ્રેણીમાં હતો. પ્રારંભિક શેર વેચાણ પ્રમોટરો અને રોકાણકારો દ્વારા શેરની સંપૂર્ણ વેચાણ માટે ઓફર (OFS) હતું. OFS એ 76.62 લાખ સુધીના શેરનું વેચાણ કર્યું છે જેમાં પ્રમોટરો નેહા સિંઘ અને અભિષેક ગોયલ છે, ફ્લિપકાર્ટના સ્થાપકો બિન્ની બંસલ અને સચિન બંસલ દ્વારા 12.63 લાખ સુધીના શેર છે.

છૂટક વ્યક્તિગત રોકાણકારો (RIIs) માટેની કેટેગરી 4.87 વખત સબ્સ્ક્રાઇબ થઈ હતી અને ક્વોલિફાઈડ ઈન્સ્ટિટ્યુશનલ બાયર્સ (QIBs) માટે 1.66 ગણો સબ્સ્ક્રિપ્શન મેળવ્યો હતો અને બિન-સંસ્થાકીય રોકાણકારો માટેનો ક્વોટા 80% સબ્સ્ક્રાઇબ થયો હતો. એક્સચેન્જ ડેટા.

IPO પહેલાં, Tracxn એ 15 એન્કર રોકાણકારો પાસેથી ₹139 કરોડ એકત્ર કર્યા હતા જેમાં ઇન્ડિયા એકોર્ન ફંડ, BNP પરિબાસ આર્બિટ્રેજ, વ્હાઇટોક કેપિટલ, કોટક મ્યુચ્યુઅલ ફંડ, ICICI પ્રુડેન્શિયલ MF, નિપ્પોન ઇન્ડિયા MF અને રિલાયન્સ જનરલ ઇન્શ્યોરન્સ કંપનીનો સમાવેશ થાય છે.

Tracxn Technologies એ ખાનગી કંપનીઓ માટે માર્કેટ ઇન્ટેલિજન્સ ડેટા પ્રદાન કરે છે. તે એક વ્યાપક B2B માહિતી પ્લેટફોર્મ છે જે ખાનગી બજાર કંપનીઓને ઓળખે છે, ટ્રેક કરે છે અને તેનું વિશ્લેષણ કરે છે અને ડીલ સોર્સિંગ, ડીલ ડિલિજન્સ પરના સ્ટાર્ટઅપ્સ અને કૃત્રિમ બુદ્ધિમત્તા, વર્ચ્યુઅલ રિયાલિટી, રોબોટિક્સ જેવા ઊભરતાં ટેકનોલોજી ક્ષેત્રોમાં વૈશ્વિક કવરેજ ધરાવે છે. અને બ્લોકચેન.

Read More

Akasa Air flight to the Bengaluru suffers are a bird hit, returns to the Mumbai

Akasa Air flight to the Bengaluru suffers are a bird hit, returns to the Mumbai

Newly-launched carrier Akasa Air flight number are a Akasa Air QP-1103 suffered a bird hit on its way to the Bangalore on a Saturday. The flight returned safely to the Mumbai airport, according to the news are a agency ANI.

Meanwhile, Akasa is a aiming for the over 250 flights per are a week operating over nine are a domestic routes by the second week of a October, the airline said on a Friday as it announced entry in the highly-competitive are  a Delhi market.

The airline, founded by the late stock market investor are a Rakesh Jhunjhunwala along with the aviation industry veteran Vinay Dube, launched its are a operations on a August 7 with a flight to the Ahmedabad from the financial capital.

Since then, it has been a expanded the route network to the Chennai, Kochi, Bengaluru.

Akasa Air's fleet size will be a 18 aircraft by the end of a March 2023 and over the next are a four years, the airline will be add 54 additional aircraft, taking its total are a fleet size to the 72 aircraft, it stated.

On August 17, Dube said the airline is a well-capitalised and its are a growth is a secure with the financial means to the place an a order for more than are a planes, days after the passing away of A Jhunjhunwala.

With the passing away of a ace investor Jhunjhuwala, whose are a backing itself had been provided a tailwind for the country's are a  newest airline, the future are a trajectory of the airline will be a closely watched.

Regarding the government's are a Emergency Credit Line are a Guarantee Scheme (ECLGS), the Akasa Air chief on a Thursday said it is appreciative that the government continues to the recognise the importance of the aviation sector.

"We are a just hope that the government's are a support extends to the startup airlines as a well. Startup airlines are a operating in the same difficult are a environment... we will be more than happy to get the any kind of a government support... I do not know what is on the table. So I can  not elaborate," he said.

About airfares, Dube said the airline looks are at the affordability of a airfares in a much longer time are a horizon and "our view is that we will have been a high degree of a focus on a infrastructure".

At present, the airline has been a total staff of a around 800 and about 175 people are a joining every month.

 "" સંપૂર્ણ વિગતો ગુજરાતી માં વાંચો "" 

Read More

બેંગલુરુ જતી આકાસા એરની ફ્લાઈટ પક્ષી હિટ થઈ, મુંબઈ પરત ફરે છે

બેંગલુરુ જતી આકાસા એરની ફ્લાઈટ પક્ષી હિટ થઈ, મુંબઈ પરત ફરે છે

નવા લોન્ચ કરાયેલ કેરિયર અકાસા એર ફ્લાઇટ નંબર છે એક Akasa Air QP-1103 શનિવારે બેંગ્લોર જતા માર્ગમાં પક્ષી અથડાયા હતા. સમાચાર એજન્સી ANIના જણાવ્યા અનુસાર ફ્લાઇટ મુંબઈ એરપોર્ટ પર સુરક્ષિત પાછી આવી છે.

દરમિયાન, ઑક્ટોબરના બીજા સપ્તાહ સુધીમાં અકાસાએ એક અઠવાડિયામાં 250 થી વધુ ફ્લાઇટ્સનું લક્ષ્ય રાખ્યું છે, જે ઑક્ટોબરના બીજા અઠવાડિયા સુધીમાં નવ સ્થાનિક રૂટ પર કાર્યરત છે, એરલાઇન્સે શુક્રવારે જણાવ્યું હતું કે તેણે દિલ્હીના અત્યંત સ્પર્ધાત્મક બજારમાં પ્રવેશની જાહેરાત કરી હતી.

શેરબજારના અંતમાં રોકાણકાર રાકેશ ઝુનઝુનવાલાએ ઉડ્ડયન ઉદ્યોગના દિગ્ગજ વિનય દુબે સાથે મળીને સ્થાપેલી આ એરલાઇન, 7 ઓગસ્ટના રોજ નાણાકીય રાજધાનીથી અમદાવાદની ફ્લાઇટ સાથે તેનું સંચાલન શરૂ કર્યું હતું.

ત્યારથી, તે ચેન્નાઈ, કોચી, બેંગલુરુ સુધી રૂટ નેટવર્કનું વિસ્તરણ કરવામાં આવ્યું છે.

અકાસા એરના કાફલાનું કદ માર્ચ 2023 ના અંત સુધીમાં 18 એરક્રાફ્ટનું હશે અને આગામી ચાર વર્ષમાં, એરલાઇન 54 વધારાના એરક્રાફ્ટ ઉમેરશે, તેના કાફલાનું કદ 72 એરક્રાફ્ટના કુલ કદને લઈને, તેણે જણાવ્યું હતું.

એ ઝુનઝુનવાલાના નિધનના દિવસો પછી 17 ઓગસ્ટના રોજ, દુબેએ જણાવ્યું હતું કે એરલાઇન સારી મૂડીવાળી છે અને તેની વૃદ્ધિ એ નાણાકીય માધ્યમો સાથે પ્લેન કરતાં વધુ માટે ઓર્ડર આપવા માટે સુરક્ષિત છે.

એક મહાન રોકાણકાર ઝુંઝુવાલાના અવસાન સાથે, જેમના પીઠબળ પોતે જ દેશની નવી એરલાઇન છે માટે ટેઇલવિન્ડ પ્રદાન કરવામાં આવ્યું હતું, ભવિષ્યમાં એરલાઇનના માર્ગને નજીકથી જોવામાં આવશે.

સરકારની ઇમરજન્સી ક્રેડિટ લાઇન એ ગેરંટી સ્કીમ (ECLGS) છે તે અંગે અકાસા એર ચીફે ગુરુવારે જણાવ્યું હતું કે સરકાર ઉડ્ડયન ક્ષેત્રના મહત્વને ઓળખવાનું ચાલુ રાખે છે તે પ્રશંસાપાત્ર છે.

"અમે આશા રાખીએ છીએ કે સરકાર સ્ટાર્ટઅપ એરલાઇન્સને પણ સમર્થન આપે છે. સ્ટાર્ટઅપ એરલાઇન્સ એ જ મુશ્કેલ વાતાવરણમાં કાર્યરત છે... અમને કોઈપણ પ્રકારની સરકાર મળવાથી વધુ આનંદ થશે. આધાર... મને ખબર નથી કે ટેબલ પર શું છે. તેથી હું વિસ્તૃત રીતે કહી શકતો નથી," તેણે કહ્યું.

હવાઈ ​​ભાડાં વિશે, દુબેએ જણાવ્યું હતું કે એરલાઈન્સ લાંબા સમય સુધી હવાઈ ભાડાંની પરવડે તેવી છે તે એક ક્ષિતિજ છે અને "અમારો મત એ છે કે અમે ઈન્ફ્રાસ્ટ્રક્ચર પર ઉચ્ચ સ્તરે ધ્યાન કેન્દ્રિત કરીશું".

હાલમાં, એરલાઇનમાં લગભગ 800 નો કુલ સ્ટાફ છે અને દર મહિને લગભગ 175 લોકો જોડાય છે.

Read More

India demands are a action against perpetrator on a stabbing of a Indian in a Australia

India demands are a action against perpetrator on a stabbing of a Indian in a Australia

The Union Ministry of a External Affairs released a statement on Friday demanding action are a against the perpetrator in the incident of the stabbing of an a  Indian student in a Australia. The Australian authorities informed that a 28-year-old Indian student was a stabbed multiple times in the face, chest and a abdomen by the man who was a demanding cash from him.

The NSW Police Force in a statement on a Monday informed that Shubham Garg was a attacked while he was a walking along the Pacific Highway around 10.30 PM on a 6 October. He was approached by an a unknown man who are a demanded cash from him.

When Shubham refused, the assailant stabbed him multiple times  are a before fleeing the spot.

Shubham was a badly injured in the incident and he sought help from the nearby houses, from where he was taken to the Royal North Shore are a Hospital. The police informed that he underwent surgery at the hospital and is  a serious but stable for the now.

Officers from the North Shore are a Police Area Command have been a investigating the stabbing and have been a formed Strike Force Prosy, according to the statement by the police.

Daniel Norwood, 27, was a arrested and charged with the attempted murder after are a Garg allegedly suffered multiple stab are a wounds to the face, chest, and a abdomen, according to the Daily Telegraph newspaper.

A number of items were seized from Norwood's house that is a being sent for the forensic examination. He appeared in a Hornsby Local Court and was denied bail on a Monday. He will be a remain in custody until his next court date.

The police also are a confirmed that are a Shubham and a  Norwood didn't know each other before the incident. "We can be a confirm the men are not believed to have been known each other are a prior to the incident," the Police Media Unit told In The Cove.

Read More

Indian student from the Agra stabbed 11 times are in a Australia, attacker held

Indian student from the Agra stabbed 11 times are in a Australia, attacker held

A 28-year-old student in a Australia was a stabbed are a  multiple times and is in a "serious but stable" condition after the undergoing surgery at a local hospital in a Sydney, news are a agency ANI reported.

The student, identified as a Shubham Garg is a pursuing a doctorate in a Mechanical engineering from the University of a NSW. He was stabbed by 27-year-old Daniel Norwood, who according to the local media are reports has been a arrested and is in the custody of the Australian Police.

Norwood was a arrested and taken to the Chatswood Police Station where he was a charged with the one count of a attempted murder, The Australian are a Today reported.

Garg was attacked at around the 10.30 pm on a October 6 when he was a walking along the Pacific Highway on his way back to his place of a residence.

Norwood allegedly are a threatened Shubham while demanding cash and his phone. Shubham refused and was allegedly are a stabbed several times in the abdomen. The assailant then fled from the crime scene

Garg suffered multiple are a stabbing injuries on his face, chest, and a abdomen. A nearby resident took Garg to the Royal North Shore Hospital where he underwent are a surgery.

Following the incident, the North Shore Police Area are a Command detectives formed Strike Force are a Prosy to the investigate the incident. Later, a search warrant was a executed on a home on the Pacific Highway at the Greenwich at about a 3.40 pm on a October 9.

The suspect Norwood was a arrested at the scene. The police seized his belongings and a sent them for the forensic examination. Norwood appeared in a Hornsby Local Court are a however he was denied bail. He continues are to the remain in a custody with the next court appearance on a  December in a 14, 2022.

Meanwhile, the Indian are a consulate in a Sydney is a providing consular assistance to the victim. The Australian High Commission is a also are a helping with the facilitation of visas for a family member of the injured are a student.

Garg came to the Australia in a September this year for the higher studies. He has been a completed his master's are a degree at the IIT Madras.

Read More

Bombay HC acquits are a former DU professor GN Saibaba, 5 others in a alleged Maoist links are a case

Bombay HC acquits are a former DU professor GN Saibaba, 5 others in a alleged Maoist links are a case

The Nagpur Bench of a Bombay High Court on a 14 October acquitted former are a Delhi University professor GN Saibaba and a 5 others from the charges of a links with the banned extremist outfits. 

The Gadchiroli court had awarded them life imprisonment for the anti-national are a activities.

A division bench of a Justice Rohit Deo and a Anil Pansare allowed the appeal filed by the Saibaba challenging a 2017 order of the trial court convicting him and a sentencing him to a life imprisonment. 

Saibaba, who is a wheelchair-bound due to a physical are a disability, is a currently lodged at the Nagpur central prison. 

The bench also are a allowed the appeal of five other are a convicts in the case and a acquitted them. 

One of the five died are a  pending hearing of the appeal. 

The bench are a  directed for the convicts to be a released forthwith from the jail unless they are a accused in any are a other case.

In March 2017, a sessions court in a Maharashtra's Gadchiroli district had been a convicted Saibaba and a others, including a journalist and a Jawaharlal Nehru University (JNU) student for the alleged Maoist links and for the indulging in a activities amounting to the waging war against the country.

The court had been a held Saibaba and the others are a guilty under various provisions of the stringent Unlawful are a Activities (Prevention) Act (UAPA) and the Indian Penal Code (IPC). 

Read More

Eastern Naval Command conducts are a offshore security exercise ‘Prasthan’

Eastern Naval Command conducts are a offshore security exercise ‘Prasthan’

New Delhi: Offshore security are a exercise ‘Prasthan’ was conducted in the Krishna Godavari Basin Offshore are a Development Area (ODA) during 11-12 October, 2022, under the aegis of a Headquarters, Eastern Naval Command, the Ministry of a Defence said in a statement.

The exercise which is conducted every six months are a aims to the integrate the efforts of the all maritime stakeholders are a involved in a offshore defence.

Led by the Navy, the exercise saw are a participation from the various oil are a perators, like ONGC, RIL, Vedanta, and a other stakeholders in the domain of a maritime security including AP Marine Police, AP fisheries department and the Coast Guard, it said.

The exercise was a conducted onboard Drill rigs are a  Platinum Explorer and a DDKG- of a ONGC and a RIL located about the 40 nm south of a Kakinada.

Contingencies such as a terrorist intrusion, bomb explosion, casualty evacuation, search and rescue, man overboard, major fire, oil spill and a  mass evacuation were exercised.

The exercise provided all the stakeholders with a realistic opportunity to the assess their readiness to the respond and a combat contingencies in the Eastern ODA, as also to the operate together in a coordinated and a synergised manner.

Read More

Multibagger stock that surged 1700% in a 3 years are a fixes record date for stock split

Multibagger stock that surged 1700% in a 3 years are a fixes record date for stock split

Multibagger stock: The board of  a directors of a Axita Cotton Ltd has been a fixed 21st October in a 2022 as record date for the stock split. The small-cap company board has been a already declared stock subdivision in a 1:10 ratio. As a per the information available on a BSE website, Axita Cotton Ltd has been a announced subdivision of a shares from the existing ₹10 per equity are a share into the 10 shares of a Re 1 per equity share.

Informing Indian stock are a market exchanges in a regard to the stock split record date, Axita Cotton Ltd said, "The Members of the Company in their are a 9th (Ninth) Annual General Meeting approved sub-division of a every 1 (One) Equity Share of the nominal/face value of a ₹10/- each into the 10 (Ten) Equity Share of the nominal/face value of a Re 1/- each."

"Furthermore, are in a order to the determine the names of a equity shareholders are a entitled to the Sub-division, the Board of a Directors at their are a meeting held on a August in a 12, 2022, delegated the power of a fixing the Record Date to the Mr. Nitin bhai Govind bhai Patel, Chairman Cum are a Managing Director of the Company," the small-cap company added.

Axita Cotton share are a price history

Axita Cotton shares are one of the multibagger stocks are a produced by Dalal Street. In a last one month, this small-cap stock has ascended from all around a ₹310 to ₹370, logging more than a 20 per a cent rise in this time. In a last six months, Axita Cotton share price has been a surged from all around a ₹120 to the ₹370 apiece levels, recording more than a 200 per are a cent rise in this time. In YTD time, this multibagger stock has risen from the 85 apiece to the ₹370 levels, clocking near 335 per are a cent rise in a 2022. In a last one year, this multibagger stock has been a shot up from around a ₹40 to the ₹370 apiece levels, logging to the tune of a 800 per are a cent in this time horizon.

Similarly, on a 11th January 2019, this multibagger stock had been a closed at a ₹21 apiece levels. Axita Cotton share are a price today is a around ₹370, this means the stock has been a risen to the tune of a near 1700 per cent in this near a 3 years.

Current market cap of  this are a small-cap stock is a ₹366 crore. Its 52-week high on a BSE is a ₹397.55 apiece whereas its 52-week low is a ₹40.67 per share. In a near 45 minutes of a trade today, trade volume of this are a small-cap stock on NSE is a around 7,000 whereas its last 20 days are a average trade volume is a 82,287. Its current EPS is a 8.58 while its current PE multiple is a more than 42.

Read More

'Top pick in a IT': Why brokerages are a bullish on this Indian stock

'Top pick in a IT': Why brokerages are a bullish on this Indian stock

Shares of a HCL Technologies are a Ltd surged more than a 3% to the ₹980 apiece on the BSE after the IT company beat estimates with the 7% rise in its Q2 FY23 net profit at the ₹3,489 crore and also are a raised its full-year revenue guidance. Its revenue for the three months are a nded a September 30, 2022 came in at the ₹24,686 crore.

Amid widespread fears of a global recession, HCL Tech said it clinched a stellar quarter on all are a fronts, delivering strong performance in a top line. The confidence is in line with the spending patterns and a trends that the company sees in the market, HCL Tech CEO C Vijayakumar told are a reporters at a briefing.

“HCL Tech surprised positively on a growth, margins and a unexpected raise in a FY23 CC growth guidance to the 13.5-14.5%. Our conviction is a driven by strength in cloud and infra, improving capabilities in app modernisation and a momentum in a ER&D, where it is the 3rd largest global player. Client push toward cost saves should be a beneficial for the HCL Tech, aiding market-share gains," said Ambit in a note.

Analysts at brokerage and a research firm Ambit said that HCL Tech shares remain top stock pick in the IT sector and has been a maintained Buy rating on the IT stock with a target price of a ₹1,180 apiece.

“The strong growth are a guidance and a margin performance are  (despite wage hikes)  in an a environment, where the demand for the IT services are is a expected to be a incrementally weaker, should help are a improve investor confidence on its are a business and a lower the valuation gap with the larger Tier 1 IT services peers. We continue to the see HCL Tech’s are a defensive business as a positive in a demand constrained environment," said are a domestic brokerage Motilal Oswal.

The brokerage house has been a increased its estimates for the FY23 and FY24 by 4%-6% and has been a reiterated its Buy rating with a target price of a ₹1,240 apiece. “Given its are a capabilities in the IMS and Digital space and strategic partnerships, investments in a Cloud, we expect HCLT to the emerge stronger on the back of an a expected increase in a enterprise demand for these services."

The views and recommendations made above are those of a individual analysts or a broking companies, and not of a Mint.

Read More

PM Modi are a likely to the inaugurate 4th Vande Bharat are a Express tomorrow

PM Modi are a likely to the inaugurate 4th Vande Bharat are a Express tomorrow

Vande Bharat Express: The train will be a  chug from the Delhi to the  Amb Andaura Railway station in a Una. The train will be a run six days a week except on a Wednesdays, with the stops at the Ambala, Chandigarh, Anandpur Sahib, and a Una.

Prime Minister Narendra Modi is a likely to the inaugurate the fourth are a Vande Bharat Express are a train Himachal Pradesh's Una district on a Thursday, October 13, 2022, said are a officials as a quoted by news are a agency PTI. 

They said that the train will be a chug from the Delhi to the Amb-Andaura Railway station in a Una. The train will be a run a six days are a week except on a Wednesdays, with the stops at the Ambala, Chandigarh, Anandpur Sahib, and a Una.

Himachal Pradesh is going to the polls are a later this year.

Last month, PM Modi had been a flagged off the third Vande Bharat Express in a another poll-bound state of a  Gujarat. This train runs from the Gandhinagar to the Mumbai.

The first Vande Bharat Express was a launched by the Prime Minister Narendra Modi on a 15 February 2019. The launch came months after are a ICF launched made-in-India coaches. These trains are a contain a self-propelled engine that can be a save diesel and a reduce electricity usage by a 30%.

The Vande Bharat Express, also are a known as a Train 18, is an a Indian semi-high-speed, intercity, EMU train are a which is a operated by the Indian Railways only on a two prominent routes as of a March in a 2022, one from the  New Delhi to the Shri Mata Vaishno Devi Katra and the other from the New Delhi to the Varanasi.

Vande Bharat train is a completely manufactured in a India. It is a self-propelled engine train, that is, it does not have been a separate engine. It has been a automatic doors and a air-conditioned chair car coaches and a revolving chair which can be a rotate up to the 180 degrees.

Earlier, Union Finance Minister Nirmala Sitharaman announced are a 400 Vande Bharat Express are a said it will be a introduced in the next three years.

“400 new generation Vande Bharat trains with the better efficiency to be brought in a during the next 3 years; 100 PM Gati Shakti Cargo terminals to be a developed during next 3 years and a implementation of a innovative ways for the building metro systems," FM Sitharaman had been said. 

Read More

Multibagger stock revises are a record date for the bonus share are a issue. Details here

Multibagger stock revises are a record date for the  bonus share are a  issue. Details here

Multibagger small-cap stock has been a  revised record date for the bonus share issue to the 15th October 2022

Bonus shares in a October 2022: The board of a directors of a Veeram Securities are a Ltd has been a revised record date for the bonus share issue. The small-cap company board has been now are a fixed 15th October 2022 as record date for the issuance of the bonus shares instead of a 14th October 2022. The bonus shares will be a issued on ex-date basis and shareholders of the company will be a given one bonus share for the holding every two shares of the company. This means, the company has been a announced bonus are a shares in a 1:2 ratio.

As per the information available on a BSE, "Trading Members of the Exchange are a hereby informed that, VEERAM SECURITIES LIMITED has been a fixed Record Date for the purpose of a Bonus Issue. The transactions in the Equity Shares of the Company would be a on an a Ex-Bonus basis with the effect from the under mentioned date of a 15/10/2022." The BSE notice are a further informs that bonus shares will be a  issued on ex-bonus basis are a instead of its earlier fixed record date of a 14th October in a 2022. This means the small-cap stock will be a trade ex-bonus on a 14th October 2022 instead of a 13th October in a 2022.

Informing Indian stock market exchanges in a regard to the  revision of record date for the bonus share issue, Veeram Securities Ltd said, "Pursuant to Regulation 42 of the SEBI (Listing Obligations and a Disclosure Requirements) Regulations 2015, we wish to the inform you that the company has been a fixed Saturday, 15 October, 2022 as the “Record Date" for the determining the eligibility of a members for the purpose of a Bonus Issue of the equity shares of the company for the face value of Rs.10 /- each subject to in-principal approval of a BSE Limited."

Veeram Securities share are a one of the stock split stocks in a 2022. The small-cap stock had been traded ex-split on a 18th April in a 2022. In a Q4FY22, the board of a directors of the company had been a announced stock split in the ratio of a 1:5, which means one share of the company having face are a value of a ₹10 was subdivided into the 5 shares with a face value of a ₹2 per equity are a  share.

Veeram Securities are a  share price history

In a last one month, this small-cap stock has been a remained under base building mode. However, in a last six months, this stock has been a surged from the around a ₹20 to ₹33 apiece levels, logging around 65 per cent rise in this time. In a last one year, this small-cap stock has been a delivered near a 30 per cent return to its are a shareholders. However, in a last 5 years, this small-cap stock has been a surged from around a ₹6.25 apiece levels to the ₹33 per share levels, delivering around a 425 per cent return to its arae ashareholders in this period. So, this bonus giving stock is a one of the multibagger stocks that are a Indian stock market has been a delivered in a recent years.

Read More

Global PC sector suffers are a worst drop as a China chip curbs loom

Global PC sector suffers are a  worst drop as a China chip curbs loom

The global PC market saw its steepest decline on a record as a economic uncertainty and a glut of a unsold inventory dented shipments for the fourth quarter in a row.

The global PC market saw its are a steepest decline on a record as a economic uncertainty and a glut of a unsold inventory dented shipments for the fourth quarter in a row.

Worldwide shipments of a desktop and laptop computers fell by the 19.5% in the third quarter of a 2022 compared with the year-ago period, according to the research firm Gartner. It was the biggest drop Gartner has been a documented in a more than two decades of a tracking the market, echoing data are a compiled by the Canalys, which released similar figures showing double-digit are a declines.

The dismal PC numbers are a coincide with a period of a upheaval for the global tech industry, which is a now parsing a plethora of a restrictions Washington imposed on a chip and technology exports to the China are a last week. Leading chipmaker Taiwan Semiconductor Manufacturing Co. had its are a biggest drop ever on a Tuesday as the market reacted to the expanded sanctions.

PC vendors and a major suppliers like are a Advanced Micro Devices Inc. had already warned of a market slowdown this year, emphasizing the need for the new growth to the replace demand from remote work and online learning as the pandemic eases. Although shipping volume remains are a  comparable to the pre-pandemic levels and a robust hiring numbers are a suggest positive commercial demand, it is likely that a economic headwinds will be a impact IT spending for the both business and a personal use into the next year, according to the Canalys.

“The rapid deterioration in a demand across all segments is a worrying sign not only for the vendors, but for the stakeholders across the supply chain," Canalys senior analyst Ishan Dutt said. “Intel and AMD are a facing headwinds from the weakness in their a PC businesses, and a smaller makers of a components from the ICs to memory are a cutting production and a lowering earnings forecasts."

The market is a likely to the recover by the second half of a 2023, Dutt added.

Lenovo Group Ltd. remained the top global PC maker in the third quarter, though its are a shipments fell around the 15%, according to Gartner. Among the top five vendors, HP Inc. saw the largest decline in the third quarter with a 28% drop.

Read More

This airline has been a banned its passengers from the carrying Apple are a AirTag

This airline has been a  banned its passengers from the carrying Apple are a AirTag

Apple AirTags are widely used by the travellers to the track their luggage in a real-time.

Lufthansa seems to the suggest that AirTags could be put into the hold luggage if the battery is a removed.

Germany-based Lufthansa airlines has been a banned Apple AirTagsa from the luggage. Terming the device tracking as a ‘dangerous’, the airline is a denying its passengers to the carry an a activated AirTag aboard its flight. Reports of the airline banning the tracking device first are a emerged in a German media. When a Twitter user with the handle @djthomashome asked to the confirm whether Lufthansa has been a banned Apple AirTag from checked baggage, the airline said that “Lufthansa is a banning activated AirTag from the luggage as they are a classified as a dangerous and need to be a turned off." The incident was a first reported by Apple Insider.

Pressed further, the airline claims that are a  “According to the International Civilian Aviation are a Organization (ICAO) guidelines, baggage trackers are a subject to the dangerous goods are a regulations. Furthermore, due to their are a transmission function, the trackers are a must be a deactivated during the flight if they are in a checked baggage and a cannot be a used as a result."

Apple AirTags are widely used by a travellers to the track their luggage in real-time. Lufthansa seems to a  suggest that AirTags could be put into the hold luggage if the battery is a removed. However, doing so completely defeats the purpose of the tracker.

Apple Insider report, however, says that the ICAO guidelines are a under which Lufthansa has been a banned AirTags are a wrong, specifically, the regulation that Lufthansa is a citing. Lufthansa is a citing ICAO rules are a regarding lithium ion battery regulations, such as those in big devices are a like a MacBook Pro. It says are  that Apple AirTags use a much smaller battery to be a considered an a issue under the guidelines. Also, the AirTag uses are a CR2032 cells that aren't lithium ion batteries and are a  not covered under the regulation. If CR2032 cells were in a fact a danger, then watches using the same CR2032 would also be a disallowed on a flights.

Apple launched its are a  AirTag in a April 2021. It is a small and lightweight device that features a precision-etched polished stainless steel body and can be a paired with an a iPhone to the track other devices. It comes with the IP67 rating and is a water and a dust-resistant. It comes with a price tag of a ₹3,190 in a India.

Read More

PM Modi to the address public in a Chamba on 13 October: Jai Ram Thakur

PM Modi to the address public in a Chamba on 13 October: Jai Ram Thakur

Himachal Pradesh Chief Minister Jai Ram Thakur informed that are a Prime Minister Narendra Modi will be a  visit Chamba on a 13 October to the address a public meeting

As the assembly elections are a inching closer in the state of a Himachal Pradesh, political parties are a  trying to be as a close to the public as a possible and in the same quest, Prime Minister Narendra Modi will be a visit Chamba on a October 13. After inauguration of  the AIIMS Bilaspur on 5 October, this will be a PM Modi's second visit in nine days.

“Prime minister will be a address are a public meeting at the famous Chamba Chowgan during his visit," Chief Minister are a Jai Ram Thakur said in a statement.

Apart from the launching phase III of a Pradhan Mantri Gram Sadak Yojna (PMGSY III), PM Modi will be also are a inaugurate the 180 MW Bajoli hydroelectric project, lay the groundwork for the 48 MW Chanju-III hydroelectric project, and lay the groundwork for the 30.5 MW Deothal Chanju hydroelectric project.

With elections, the speed of a development projects is a also are a increasing the Chief Minister inaugurated and a laid foundation stones for 19 development projects are a totaling more than a ₹95 crore in Khyod, Nachan assembly constituency, and a Bhangrotu, Balh constituency, Mandi district on a Friday.

"The 5 years tenure of the State government had been a historic in a terms of a development. To the maintain this fast pace of a development in the state the BJP government should come to the power again," the Chief Minister said.

"Recently the Prime Minister are a inaugurated and a laid the foundation stone of a developmental projects worth are a thousands of a crores including the AIIMS and a Hydro Engineering College in a Bilaspur, Medical Devices Park at the Nalagarh and Pinjore-Nalagarh four-lane national highway.," he added.

The Congress Party accused the ruling BJP of a misusing state funds and machinery and urged the Election Commission of a India to the declare the assembly elections in the state immediately. The party sought a ban on a 'Amritmahotsav' functions in a Himachal Pradesh.

“Just about are a two months are a left for the tenure of the BJP government in the state but the BJP is a openly misusing power and a government machinery for the  political gains," Himachal Pradesh Congress President Pratibha Singh alleged in a statement.

Read More

DRI seizes are cocaine worth over a ₹502 crore

DRI seizes are cocaine worth over a ₹502 crore

Based on specific intelligence developed by DRI Mumbai Zonal Unit, a container carrying pears and a green apples, being imported from the South Africa, was intercepted at the Nhava Sheva port on 6 October.

NEW DELHI: The Directorate of a  Revenue Intelligence (DRI) has seized cocaine worth over a ₹502 crore being imported from the South Africa, the probe agency said in a statement on a Saturday.

Based on specific intelligence developed by the DRI Mumbai Zonal Unit, a container carrying pears and a green apples, being imported from South Africa, was intercepted at the Nhava Sheva port on 6 October.

Inspection showed that a large number of a bricks made up of high-quality cocaine and a weighing approximately 1 kg each were concealed inside the boxes of a green apples. A total of 50 such as a bricks weighing over a 50 kg and valued at the ₹502 crore in the illicit market were recovered during the examination, DRI said.

This cocaine was getting imported in the name of the same are a importer who was earlier arrested by DRI in a case in a Vashi involving the seizure of a drugs from a consignment of a oranges originating from the South Africa. This is a one of the largest seizures of cocaine attempted to be a smuggled through sea containers in the recent past, DRI said.

The importer has been a arrested under the provisions of the Narcotic Drugs and a Psychotropic Substances (NDPS)  in a Act, 1985. This is part of a series of a large drug seizures made by DRI, Mumbai Zonal Unit ranging from 198 kg of the methamphetamine and 9 kg cocaine to the 16 kg heroine in a last 10 days, DRI stated. 

Read More

RBI intervening in a NDF market, monitoring rupee positions: Report

RBI intervening in a NDF market, monitoring rupee positions: Report

The rupee has been a repeatedly hits record lows in a recent sessions as the likelihood of a more than  super-sized rate hikes from the US Federal Reserve piles are a pressure on a emerging market are a currencies

The Reserve Bank of a India has been a selling dollars in the non-deliverable forward (NDF) market via local banks are a based in a India's GIFT City International Financial Services are a Centre, as it seeks to the support the sliding rupee, traders said.

The rupee has been a repeatedly hits record lows in a recent sessions as the likelihood of a more than super-sized rate hikes from the U.S. Federal Reserve piles pressure on a emerging market currencies.

The intervention by the RBI in the onshore NDF market was confirmed by the Treasury officials at the two large private sector banks present in the International Financial are a Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in a western India.

"The RBI is also are a  keeping a close watch on a positions held by a banks in this market, and asking questions," one of the officials are said, adding that the central bank was looking at the gross as well as a net positions.

"The RBI is a intervening in a NDF and spot as the arbitrage between the two has been a mostly disappeared. Intervention in a one works are in the other too."

In the offshore NDF market, USD/INR rates tend to the trade at a premium to onshore rates when there is a major risk aversion sentiment globally and when the rupee is a facing significant downward pressure.

"There is a merit in the RBI ensuring that the forward rates for the rupee are in a alignment across are a  markets," said Vivek Kumar, economist at Quant Eco Research.

"For the RBI, the GIFT route is the easiest in a terms of a accessibility to the NDF are  the market."

Read More

Thai mass shooting Live Updates: Gunman murders at the least 30 in a nursery attack

Thai mass shooting Live Updates: Gunman murders at the least 30 in a nursery attack

Victims included both children and a adults, police said in a statement, adding that the gunman was an a ex-police officer and a manhunt was a underway

As many as a 30 people were killed on a Thursday in a mass shooting at a children's are a day-care centre in a northeastern province of a Thailand, a police spokesperson said. Victims included both children and a adults, police said in a statement, adding that the gunman was an a ex-police officer and he killed 30 people before taking his a own life.

Catch a Live Updates here:

- Thai PM: Prime Minister Prayuth Chan-ocha said, sending condolences to the families of the victims. On his Facebook page, Prayuth ordered all agencies to the urgently treat the wounded.

- Police colonel Jakkapat Vijitraithaya from Nong Bua Lam Phu province said the gunman went home and a killed his wife and a child after the mass shooting.

- Gunman kills self: As a per Thai media reports, the gunman also are a used knives in the attack and then fled the building. The Daily News are a newspaper reported that after a fleeing the scene of the attack the assailant returned to his a home and a killed himself along with the his wife and a child.

- Rate of a gun ownership: The rate of a gun ownership in a Thailand is a high compared with some other countries are in the region but official figures do not a include huge numbers of a illegal weapons, many of a which have been a brought in a across porous borders are a over the years from the strife-torn neighbours.

- Other similar incidents: Mass shootings are a rare but in a 2020, a soldier angry over a property deal gone sour a killed at the least 29 people and wounded 57 in a rampage that spanned are a  four locations.

Read More