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Hello Jammu News at 1:19:00 PM 0

Bhubaneswar, Sep 22: Prime Minister Narendra Modi is set to launch half-a-dozen projects in Odisha Saturday, including a fertiliser plant at Talcher, and inaugurate Jharsuguda Airport and UDAN in the state.

Modi, who proceeded to Talcher after arriving here, will lay the foundation stone and commence work for the country's first coal gasification based fertiliser plant at Talcher in Angul district, officials said.

The fertiliser plant is being developed by Talcher Fertilisers Limited, a joint-venture of GAIL, Coal India Ltd, Rashtriya Chemicals & Fertilisers Ltd and Fertiliser Corporation of India Ltd, they said.

The plant, to be commissioned by 2022, will ensure easy availability of urea in Odisha as there is no urea plant in the state.

During his one-day visit to the state, Modi will also dedicate to the nation mines of the NTPC and the Mahanadi Coalfields Ltd and railway tracks for transportation of coal.

Garjanbahal open cast mine of MCL, to be inaugurated by Modi, has coal block reserves of 230 million tonnes with annual production capacity of 13 million tonnes. It will generate direct employment opportunity for 894 people and indirect job opportunities for 5,000, officials said.

The prime minister will launch the 53.1-km Jharsuguda-Serdega railway line constructed by MCL, which can be used for passenger traffic.

Modi will dedicate to the nation Dulanga Coal Mining Project of NTPC in Sundargarh district. This is the second mine of the the state-run company to be operational and its first in Odisha.

Coal produced from this mine will be used in the under-construction 1600-MW Darlipali Super Thermal Power Plant of NTPC in Sundargarh district, the officials said.

On the new airport in Jharsuguda, the officials said it has been developed for all-weather operations, including night operations for A-320 type aircraft.

Jharsuguda will be the second airport of Odisha to be operational and provide connectivity to Bhubaneswar, Raipur and Ranchi under the central government's UDAN scheme. (PTI)
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Hello Jammu News at 12:20:00 PM 0

Mumbai, Jul 25: The benchmark Sensex turned volatile after hitting a new high of 36,928.06 in early session as investors turned cautious ahead of July futures and options (F&O) expiry amid mixed quarterly earnings.

The 30-share index rose by 102.97 (rpt) 102.97 points, or 0.27 per cent, to hit a new high of 36,928.06, bettering its previous intra-day record of 36,902.06 hit yesterday.

However, the index soon turned choppy and was trading 16.05 points, or 0.04 per cent, higher at 36,841.15 at 0940 hrs.

The gauge had rallied 473.87 points in the previous three sessions.

The 50-share NSE Nifty too turned cautious and was trading 4.40 points, or 0.04 per cent, lower at 11,129.90.

Sentiment remained cautious ahead of July series F&O expiry scheduled tomorrow amid mixed quarterly earnings, brokers said.

Prominent gainers were Vedanta, Hero MotoCorp, Tata Steel, Adani Ports, ONGC, Sn Pharma, SBI, Bajaj Auto, Tata Motors, HDFC, Wipro, L&T and PowerGrid, rising up to 1.92 per cent.

Top losers include Bharti Airtel, Asian Paints, NTPC, Coal India, Maruti and TCS falling up to 2 per cent.

Meanwhile, on a net basis, foreign funds bought shares worth Rs 104.34 crore, while domestic institutional investors made purchases worth Rs 513.78 crore yesterday, provisional data showed.

Elsewhere in Asia, Shanghai Composite Index rose 0.09 per cent, Hong Kong's Hang Seng was up 0.85 per cent, while Japan's Nikkei gained 0.54 per cent in early deals.

The US Dow Jones Industrial Average ended 0.79 per cent yesterday. (PTI)
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Hello Jammu News at 12:08:00 PM 0

Mumbai, Jul 23: The benchmark BSE Sensex advanced over 100 points in early trade today led by gains in FMCG stocks after the GST Council on Saturday cut rates on over 100 items, amid fresh capital inflows by foreign funds and strengthening rupee.

The 30-share index was trading higher by 114.10 points, or 0.31 per cent, at 36,610.47. All the sectoral indices, led by FMCG, consumer durables and power stocks were trading in the positive zone, rising up to 1.21 per cent.

The gauge had gained 145.14 points in the previous session.

The NSE Nifty too rose by 42.60 points, or 0.39 per cent, to 11,052.80.

Top gainers include Asian Paint, ITC, Bharti Airtel, NTPC, Adani Ports, Coal India, ICICI Bank, Sun Pharma, L&T, Axis Bank, Yes Bank, SBI and Vedanta, gaining up to 3.77 per cent.

Brokers said investor sentiment got a boost after the GST Council, on Saturday, cut rates on over 100 items, including footwear, refrigerator, washing machine and small screen TV, while the widely demanded sanitary napkins have been exempted from the levy.

The revised tax rates will come into effect from July 27.

Meanwhile, the rupee surged by 19 paise to quote at 68.65 against the dollar at the forex market in early trade today.

However, other Asian markets were trading mixed after the Bank of Japan offered to buy bonds at the first fixed-rate operation since February, in a sign the central bank was trying to rein yields.



Japan's Nikkei was down 1.27 per cent, Hong Kong's Hang Seng shed 0.09 per cent in early trade today, while Shanghai Composite edged 0.37 per cent higher.

The US Dow Jones Industrial Average ended 0.03 per cent down on Friday. (PTI)
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Hello Jammu News at 12:14:00 PM 0

Mumbai, Jul 10: The benchmark Sensex advanced by over 200 points to reclaim the 36,000-mark in early trade today led by gains on IT, realty and capital goods counters, ahead of key quarterly results scheduled later in the day.

The 30-share index rose for the third straight day by gaining 203.87 points, or 0.57 per cent, at 36,138.59 in early trade.

IT, realty, capital goods, oil and gas, metal, tech, auto, PSU, power and banking stocks led the upward movement, by rising up to 1.16 per cent.

The gauge had gained 360.17 points in the previous session two sessions.

The NSE Nifty also recaptured the 10,900 mark. The index was trading higher by 61.85 points, or 0.57 per cent, at 10,914.75.

Support came from key stocks such as Yes Bank, RIL, Adani Ports, HDFC Bank, Bajaj Auto, SBI, Bharti Airtel, Tata Motors, ICICI Bank, Tata Steel, NTPC, Maruti, Tata Steel, Infosys, Coal India, L&T and HDFC, rising up to 1.72 per cent.

Traders said widening of bets by investors ahead of Q1 numbers from IndusInd Bank and TCS, amid sustained buying by domestic institutional investors (DIIs) influenced market sentiment.

TCS shares rose 0.65 per cent to Rs 1,900, while IndusInd Bank fell 0.17 per cent to Rs 1,951.35.



Meanwhile, DIIs bought shares worth a net of Rs 740.39 crore, while Foreign institutional investors (FIIs) sold shares worth a net of Rs 569.91 crore yesterday, provisional data showed.

Overseas, most Asian stocks rose amid optimism over the upcoming earnings season, that is expected to be sufficiently robust to overshadow a rise in trade tensions.

Hong Kong's Hang Seng rose 0.41 per cent, Japan's Nikkei gained 0.94 per cent, while China's Shanghai Composite Index shed 0.06 per cent.

US equities rose yesterday, as investors set aside concern about escalating trade tensions and rising political tension abroad to focus on the coming earnings season.

The US Dow Jones Industrial Average ended 1.31 per cent higher on yesterday. (PTI)
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Hello Jammu News at 12:11:00 PM 0

Mumbai, Jul 9: The benchmark Sensex today rose over 200 points, while Nifty reclaimed the 10,800-mark on widespread buying in metals, auto, IT and banking counters, amid firm Asian cues and a strengthening rupee.

The 30-share BSE Sensex jumped 244.84 points, or 0.69 per cent, to 35,902.70. The gauge had gained 83.31 points in the previous session on Friday.

All sectoral indices, led by metal, auto, infrastructure, power, capital goods, healthcare and bankex, were in the green, rising up to 1.61 per cent.

The NSE Nifty recaptured the key 10,800-level by rising 68.35 points, or 0.63 per cent, to 10,841.00.

Major gainers were Tata Steel, Vedanta, Yes Bank, Tata Motors, RIL, M&M , Asian Paints, ICICI Bank, Axis Bank, Bajaj Auto, Power Grid, Coal India, Maruti Suzuki, NTPC, L&T, SBI, IndusInd Bank, Bharti Airtel, and Infosys, gaining up to 1.85 per cent.

Investors are also looking forward to the quarterly results of IT majors TCS and Infosys that will kick-start the earnings season later this week.

TCS was trading lower by 1.28 per cent at Rs 1,888.80, while Infosys was up 0.62 per cent at Rs 1,292.40.

Asian shares rose tracking gains on Wall Street after the release of strong jobs data for June, which muffled the impact of an escalating US-China trade dispute.

Rupee rose by 30 paise to trade at 68.57 against the US dollar at the forex market, fuelling the uptrend in domestic equities.



Brokers said besides fresh buying by domestic institutional investors (DIIs), a firm trend at other Asian markets influenced sentiments.

DIIs bought shares worth a net of Rs 1,480.82 crore, while foreign portfolio investors (FPIs) sold equities to the tune of Rs 968.18 crore on Friday, provisional data showed.

Globally, Hong Kong's Hang Seng rose 1.61 per cent, Japan's Nikkei gained 3.11 per cent, while China's Shanghai Composite Index advanced 1.65 per cent.

The US Dow Jones Industrial Average ended 0.41 per cent higher on Friday. (PTI)
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Hello Jammu News at 1:49:00 PM 0

Mumbai, Jun 14: Equities slipped back into the red today after a three-day winning run as investors turned cautious following US Federal Reserve's rate hike.
The BSE 30-share Sensex fell by 126.09, or 0.35 per cent to quote at 35,613.07 in early trade, with IT, PSU, oil and gas, teck, banking and realty indices trading in the negative zone.
The Sensex had gained 295.49 points in the last three sessions.
The NSE Nifty too slipped by 35.95 points, or 0.33 per cent, to 10,820.75.
Brokers said caution prevailed after the US Fed raised its key interest rate by 0.25 per cent yesterday, the second increase of the year, and signalled two more hikes in 2018 and four in 2019.
Laggards included Wipro, Axis Bank, TCS, NTPC, SBI, Reliance Industries, ICICI Bank, Adani Ports, Coal India, Asian Paints, Kotak Bank, IndusInd Bank, Hero MotoCorp and L&T, falling by up to 1.08 per cent.
Foreign portfolio investors (FPIs) sold shares worth a net Rs 70.77 crore, while domestic institutional investors (DIIs) bought equities worth Rs 486.78 crore yesterday, as per provisional data.
In the Asian region, Hong Kong's Hang Seng was down 0.75 per cent, Japan's Nikkei fell 0.47 per cent and Shanghai Composite Index shed 0.28 per cent in early deals today.
The US Dow Jones Industrial Average ended 0.47 per cent lower in yesterday's trade. (PTI)
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Hello Jammu News at 1:26:00 PM 0



Mumbai, Mar 21: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday rallied by 347 point 52 points to 33,344.28 in opening trade as brisk buying was witnessed across the board.
Nifty of National Stocks Exchange (NSE) too gained by 98.05 points to 10,222.40. 
The sensex registered intra day high and low at 33,341.74 and 33,090.82 respectvely.
The Nifty recorded intra day high and low at 10,225.45 and 10,173.20 respectively. 
The sectoral such as FMCG, Health Care, Auto, and Tecknology kept the sensex strong in early trade.
The gainers were Bharti Airtel by 3.52 pc to Rs 414.25, NTPC by 2.50 pc to Rs 170.25, Yes Bank by 1.95 pc to Rs 307.95 and SBIN by 1.85 pc to Rs 253.85.
The losers were HeroMoto Corp by 0.77 pc to Rs 3486.35, Tata Steel by 0.13 pc to Rs 592.50 and Bajaj Auto by 0.06 pc to Rs 287.70. UNI
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Hello Jammu News at 6:24:00 PM 0



Mumbai, Mar 12: Bharti Airtel on Monday surged by 4.68 pc to Rs 420.75 to be the top gainers in the 30-share Sensex pack at the Bombay Stock Exchange (BSE). 
Other gainers were NTPC by 4.33 pc to Rs 171, ITC by 4.09 pc to Rs 270, Tata Motors by 3.07 pc to Rs 352.20 and Tata Steel by 2.82 pc to Rs 622.70.
The losers were Coal India by 2.26 pc to Rs 297.80 and SBIN by 0.12 pc to Rs 252.85. UNI
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Hello Jammu News at 2:09:00 PM 0



Mumbai, Feb 19: The benchmark index of Bombay Stock Exchange (BSE) slipped by 185 points to 33,825 point 73 in opening trade, as selling was seen across the board.The Nifty of National Stocks Exchange (NSE) too dropped by 56 points to 10,396.30. 
The sensex registered intra day high and low at 34,122.96 and 33,789.92 respectvely.
The Nifty recorded intra day high and low at 10,489.35 and 10,379.05 respectively. 
The sectoral indices like Energy, Health Care, Telecom, Auto and Materials kept the market under pressure for another session today.
In scrips including Tata Steel, L & T, SBIN and Bharti Airtel dropped while buying in Wipro, Infosys, NTPC and ICICI Bank capped from further gains, broker informed.
The losers were Tata Steel by 4.46 pc to Rs 657.60, L & T by by 2.41 pc to Rs 1295.95, SBIN by 2.06 pc to Rs 266.15 and Bharti Airtel by 2.01 pc to Rs 411.
The gainers were Wipro by 0.57 pc to Rs 292.30, Infosys by 0.45 pc to Rs 1129.91 and ICICI Bank by 0.16 pc to Rs 321.50. UNI 
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Hello Jammu News at 1:12:00 PM 0


Mumbai, Feb 2: The Benchmark Index of Bombay Stock Exchange (BSE) heavily down on Friday by 468.05 points to 35,438.61 on weak Asian Market.
Disappointment from the Budget due to reintroduction of long-term capital gains tax also impacted the equity market.
The Nifty of National Stock Exchange (NSE) slipped by 139.80 points to 10,877.10.
The sensex opened lower by 199 points to 35,707.60. It registered intra day high and low at 35,738.13 and 35,314.97 respectively.
The Nifty recorded intra day high and low at 10,954.95 and 10,826.50 respectively.
All the sectoral indices were in red in early trade.
The scrips that tumled down were Yes Bank, ONGC, Kotak Bank, HDFC and NTPC.
The indices that rose were TCS, Health Care and Dr Reddy's Lab.
The losers were Yes Bank by 3.86 pc to Rs 345.90, ONGC by 3.13 pc to Rs 189, Kotak Bank by 2.70 pc to Rs 1090 and HDFC by 2.68 pc to Rs 1914.85.
The gainers were TCS by 1.33 pc to Rs 3180.75, HDFC by 0.58 pc to Rs 276.95 and Dr Reddy's Lab by 0.35 pc to Rs 2164.50. UNI
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Hello Jammu News at 2:46:00 PM 0


New Delhi, Nov 22: The Supreme Court on Wednesday refused to lift ban on use of petcoke and furnace oil in the industrial units of three states -- Rajasthan, Uttar Pradesh and Haryana -- keeping in view the increasing level of pollution.
"Keeping in view the fact that pollution is increasing, we are not lifting the ban on use of petcoke and furnace oil in these industrial units in three states," a division bench of the apex court headed by Justice Madan Bhimrao Lokur, and also comprising Justice Deepak Gupta, said in its order. The apex court also refused to give any relief to the industrial units, NTPC and Hindalco. Earlier, many industrial units in these three states -- Rajasthan, Uttar Pradesh and Haryana -- had knocked the doors of the apex court seeking certain modification of the top court's earlier order. But on Wednesday, to ensure that the pollution levels be kept under control to a certain extent, the apex court refused to modify its earlier order. The two-judge bench refused to give amy relief to the industrial units in these states. The petitioners presented their submissions and arguments before the apex court seeking certain modifications which the top court did not accept. UNI
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Hello Jammu News at 2:54:00 PM 0

Lucknow, Nov 6: Bahujan Samaj Party(BSP) chief Mayawati on Monday lambasted the BJP government at the Centre as well as of the Uttar Pradesh for their criminal offences which led to the big mishap at the NTPC Uchchar unit." The present BJP government in UP was only interested in changing the colour of the government buildings and misusing the funds to politicise the government machinery," she said. " When children and people are dying daily in big numbers at the government hospitals, the BJP government in UP was only interested in the
colour of the government buildings and doing nothing to serve the people for which they have been elected," the BSP president said. "Besides the state ministers are only interested in cheap publicity rather than performing their duties," she further alleged. In a statement here, Ms Mayawati, though late, expressed her condolence on the death of over 32 people in the NTPC mishap and held the BJP government, Both of the Centre as well of of UP for the accident. " The governments have turned insensitive and now in the eyes of these BJP leaders. the value of human being has turned less than even animals. The incident of NTPC was a criminal offence of the Centre," she alleged. Ms Mayawati also alleged that the law and order in the state has deterioratedfurther and the BJP government has failed to deliver. UNI

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Hello Jammu News at 3:07:00 PM 0

Lucknow Nov 3: Toll in the National Thermal Power Corporation’s Unchahar plant tragedy rose to 33 on Friday with the death of NTPC additional director-general Sanjiv Sharma. 
More than 50 injured are still being treated in various hospitals in Lucknow, Rae Bareli and other places.
Sharma succumbed to his injuries late Thursday night.
According to sources, on late Thursday night seven more critically injured patients were airlifted to Delhi for treatment at Safdarjung Hospital. Four-five more would, probably, be referred to Delhi hospital today.
NTPC’s director (finance) Kulmani Vishwal told on Friday that providing all medical treatment to the injured was being done on priority basis and all possible help was being provided to the families of those killed and injured in the tragedy.
Chief Medical Superintendent of Civil Hospital in Lucknow Dr A K Singh said 30 people were admitted to his hospital, out of which five succumbed to burn injuries. Seven injured were referred to Delhi while two were referred to Lohia Hospital in Lucknow. The remaining are being treated for various degree of burns. UNI
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