All Staffers at residence of SC Judge Justice M R Shah Test Positive to COVID-19
OnSupreme Court judge Justice M R Shah’s all staff members at his official residence have tested positive for the COVID-19 virus and “things are getting scary”.
Category: Featured
Sadbhav Engineering Rating: Buy; execution, order book got a boost
OnThe company is targeting Rs 40–45 bn worth of order-wins in FY21, and Rs 40–50 bn in FY22. Sadbhav Engineering (SEL) posted 26% y-o-y growth in Q3FY21 top line to Rs 5.6 bn as execution normalised post-pandemic. The uptick in Ebitda margin…
Ahead of new ARC formation, Punjab National Bank to sell Arcil stake
OnA detailed framework for the ARC is in the works, financial services secretary Debasish Panda said earlier this month, adding that the government will not be putting in any money. As the process to set up a new national asset reconstruction company…
Jindal Power hires former CIL CMD Anil Kumar Jha as chairman
OnThe coal block is located close to JSPL’s Raigarh steel plant and the Tamnar power plant in Chhattisgarh. Jindal Power (JPL), a subsidiary of Jindal Steel and Power (JSPL), has appointed former Coal India (CIL) chief Anil Kumar Jha as its new…
Analyst Corner: Jubilant Foodworks now looking beyond Domino’s
OnBeyond Domino’s: In the last decade, JUBI has focused mainly on Domino’s and there has been some effort to scale up Dunkin’ which met with limited success. The recent quarters have seen a series of initiatives beyond ‘Domino’s’, including FMCG, Biryani, Hong’s…
Maintain ‘buy’ on GAIL with increased TP of Rs 173
OnGas demand finally set to rise: Long-awaited commissioning of HURL fertiliser plants in Gorakhpur, Barauini, Sindhri, and Matix has started and this is set to drive gas demand for GAIL. GAIL, LPG production, CGD networks, Urja Ganga pipeline, natural gas trading Commissioning…
Reliance Capital defaults for 49th time on NCD payments
OnReliance Capital has cautioned investors that there would be a delay in debt servicing. Reliance Capital has once again failed to make interest payment for non-convertible debentures (NCDs) due on February 21. Although the quantum of default could not be ascertained, it…
Covid-19 vaccination: From side effects to digital certificate, things to know before taking second dose
OnIndia has started administering 2nd dose of Covid-19 vaccine on February 13. (IE Image) India started with administering its 2nd dose of Covid-19 vaccine to its health and front-line workers who had already received their first dose. As of Monday, over 9.5…
Carbon footprint: How Chandigarh is trying to record and reduce carbon footprint of residents
OnFor each individual, the app will come up with a suggestion that they can adopt to reduce their carbon footprint. The union territory of India and the joint capital of Punjab and Haryana- Chandigarh will now be monitoring the carbon footprint in…
What the new surge in coronavirus cases in Maharashtra means to India’s Covid trajectory
OnMaharshtra has been witnessing spike in covid cases for a week now Just when India breathed a sigh of relief that the pandemic curve has finally flattened, Coronavirus in Maharashtra witnessed a sudden spike in daily cases. According to the Ministry of…