News Overview

GRM Overseas announced that its subsidiary, GRM Foodkraft (GFK) 10X Rice brand will be available on Udaan, Indias largest Business-to-Business (B2B) e-Commerce platform. The Company will initially begin selling its various categories of Rice under 10X Brand through this platform and progressively introduce other products. Udaan has a vast distribution network of over 3 million retailers in over 1000 cities and covering 12,000+ pin codes […]

The main indices traded sideways with strong gains in mid morning trade. The Nifty slipped below 17,950. Healthcare and pharma stocks corrected. Anticipation of strong Q3 results from domestic companies boosted sentiment. At 10:30 IST, the barometer index, the S&P BSE Sensex, rose 339.59 points or 0.66% at 60,138.43. The Nifty 50 index was up 121.70 points or 0.68% at 17,934.75. The broader market also […]

On 20 January 2022

Here is the stock market performance at 11:30 AM today.

On 21 January 2022

To convert GTPL household connects into AI-enabled smart wi-fi access points

GTPL Hathway rose 11.34% to Rs 299.50 after the company said it partnered with Aprecomm to bring innovation to customer experience with network intelligence.

The company will have 51,000 equity shares and Beetel 49,000 equity shares in the JVC.

Company estimates further investment approx. Rs100cr to reach the target of 100 stores at PAN India Level.

The 1st advance estimate (AE) of GDP for FY22 indicates GDP growth at 9.2% and GVA growth estimate is 8.6%. Nominal GDP growth is a whopping at 17.6%. Notably, this is the second highest nominal growth achieved with 19.9% nominal growth registered in 2010-11 and 17.1% growth in 2006-07. The data indicates that the overall GDP growth is 1% above of the pre-pandemic level (FY20). Almost all sectors except ‘trade, hotels, transport, communication & services related to broadcasting’ (which are still 8% below the pre-pandemic level) reached the pre-pandemic level (on constant prices).