Solar Pump, KUSUM

The company received its first work order under the KUSUM-3 scheme from Haryana Renewable Energy Department (HAREDA) for 7,781 pumps

bull, markets, shares, stocks, bse, growth, sensex, nse

CLOSING BELL:  Nestle India, Infosys and ICICI Bank were the other major gainers among the Sensex 30 on Friday, up over 3 per cent each.

market, stocks, stock market trading, stock market

Stocks to watch today: From Reliance Industries to Hero MotoCorp, here are stocks to watch in Friday's trading session

water pump

Water pumps company Shakti Pumps on Thursday said it has been assigned 'IND A' ratings by India Ratings and Research (Ind-Ra) with a stable outlook.
The Madhya Pradesh-based company is a leader in the manufacturing of energy-efficient pumps and motors, including solar.
In a regulatory filing, Shakti Pumps said, "India Ratings and Research (Ind-Ra) has affirmed its bank facilities at 'IND A' with a stable outlook".
The rating agency has considered several parameters to assign a positive outlook on it, the filing said.
"As per the rating agency, the key rating drivers were (company's) established market position, strong distribution network, diversified revenue portfolio, FY22, steady revenue profile in 9M FY23 (April-December) and robust credit metrics," it said.
Dinesh Patidar, Chairman and Managing Director of Shakti Pumps (India) Limited, said the IND A/stable ratings demonstrate the company's focus on balance-sheet growth. Going forward the company aims to maintain its 30-40 pe

Stock market

Stocks to watch today: Tata Elxsi, L&T Infotech will report their June quarter results 2022 on Thursday July 14; Mindtree posted 37.3 per cent rise in net profit to Rs 471.6 crore for Q1FY23.

stock markets

The stock price of the company hit a 52-week low of Rs 473.50 and has almost halved or tanked 48 per cent from its 52-week high of Rs 910 touched on June 8, 2021.

Solar, renewable, green, power, energy, solar-powered pumps

Shakti Pumps India manufactures and supplies solar pumps and motorised pumps

markets, stock market, brokers, brokerages, sensex, correction, nifty, shares, growth, profit, economy, gain

For the entire financial year 2020-21 (FY21), Shakti Pumps posted a consolidated net profit of Rs 75.59 crore as against a net loss of Rs 14.08 crore in FY20

markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain

Jindal Stainless Hisar (JSHL) reported an over three-fold jump in its consolidated net profit at Rs 350.65 crore for the quarter ended March 31, 2021, mainly on account of increased income

KSB Pumps' new solar-powered submersible pumpset KSBSol

While presenting the Budget for 2020-21, Finance Minister Nirmala Sitharaman said that 2 million farmers would be provided funds to set up grid-connected 1.5 million solar pumps.

Shakti Pumps up 6% on promoter stake buys

The stock up 6% to Rs 552 on the BSE in noon deal after Vintex Tools Private Limited, promoter of the company, bought 10,194 shares through open market today

Shakti Pumps surges 8% on strong Q3 results

The stock hit a new high of Rs 576, up 8% on BSE in noon deal, after the company reported more than four-fold jump in its consolidated net profit at Rs 167 million in Q3FY18.

Punjab may get Centre's support for agri dues

The company reported net profit of Rs 11 crore in Q4FY17 against Rs 22 lakh in year ago quarter.

Pump image via Shutterstock.

The stock soared 17% to Rs 149 in intra-day trade on BSE, surging 54% from Rs 97 on February 26.

The six units being planned to be listed are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals and Vedanta Limited

Vedanta

To push their products in the Indian market, Apple Inc has not passed on to customers the cost of the hefty dealer margins offered to iPhone resellers and distributors

Apple Store Saket

How three men passionate about 'cool' motorcycles are trying to make India fall in love again with Jawa and Yezdi, with a leaf out of Royal Enfield's book

Jawa

The government is also likely to have sweeping powers to track, monitor, intercept, moderate and take down online content under the new law

aadhaar

The profitability of Meta, Amazon, Microsoft, Alphabet and Apple (MAMAA), twice the S&P 500 average of 10 per cent, has come to be seen as flowing from the abuse of market power, writes T N Ninan

Big Tech

Sebi counsel assures court of completing part investigation by November

Puneet Goenka

Subramaniam, who is based in Bengaluru, has been with Intel for over 11 years and has occupied various technical and business leadership roles

Gokul Subramaniam

Indian producers of low-grade ores largely depend on foreign markets because most major domestic steel producers use high-grade iron ores

Iron ore traffic pulls down overall cargo growth in major ports: Report

Survival drama "2018-Everyone is a Hero", based on the Kerala floods that year, is India's official entry to the Academy Awards 2024, the Film Federation of India announced here on Wednesday.
Addressing a press conference, Girish Kasaravalli, noted filmmaker and chairperson of the selection committee, said the 16-member jury unanimously selected the Malayalam film to represent the country.
Kasaravalli, a renowned voice in Kannada cinema, said they had a lengthy discussion before choosing "2018" to represent India at the 2024 Academy Awards.
"The jury really represents the film fraternity... It was a pan-Indian selection. And we were happy that we were 16 members and we watched 22 films in one week's time. It was a difficult decision because there were so many good films and we had to analyse to find out which film had better merit. Finally, we decided on '2018 - Everyone is a Hero'," the filmmaker said.
According to Kasaravalli, the film highlights "Indian ethos, situation and ...

oscars, oscars 2017, oscars 2016

Justice SM Modak said that the actions rose within its jurisdiction as resignations were accepted by the company in Mumbai

Akasa Air

Congress leader Rahul Gandhi on Saturday said if his party comes to power at the Centre, it would conduct a caste-based census to know the exact number of Other Backward Classes (OBCs) people in the country.
He was addressing a public meeting in Kalapipal assembly constituency in Shajapur district of Madhya Pradesh.
"Soon after coming to power, the first thing we will do is to go for a caste-based census to know the exact number of OBCs in the country as no one knows their exact number," Gandhi said.  He claimed that the country was being run by only 90 officers, including the cabinet secretary and secretaries, while the BJP MPs and MLAs had no role in framing policies and laws in the country.
The Rashtriya Swayamsevak Sangh (RSS) and bureaucrats are framing laws instead of elected BJP members, Gandhi alleged.
Terming Madhya Pradesh as the "epicentre" of corruption in the country, Gandhi said, "Scams like Vyapam have rocked the state. MBBS degrees are being sold, exam papers are be

Rahul Gandhi

The India Meteorological Department said on Saturday said that the southwest monsoon has receded from Delhi, with the city receiving above normal rains during the season.
According to IMD data, the Safdarjung Observatory, the primary weather station of Delhi, received 660.8 mm of precipitation against a normal of 653.6 mm during the monsoon season (June to September).
Normally, the monsoon begins in the national capital by June 27 and recedes by September 25. This year, the rain-bearing system embraced the city on June 25.
"The southwest monsoon has further withdrawn from some parts of Jammu and Kashmir, Himachal Pradesh and Uttarakhand; entire Punjab and Haryana-Chandigarh-Delhi; some parts of west Uttar Pradesh, west Madhya Pradesh and east Rajasthan and some more parts of west Rajasthan today," the IMD said in a statement.
The weather office said conditions are becoming favourable for further withdrawal of the monsoon from remaining parts of Jammu, Kashmir, Ladakh, Gilgit, ...

Delhi rain, rainfall

A plea seeking direction to the authorities to investigate the selection of 35 newly-recruited principals of Delhi government schools on the basis of "forged and fabricated documents" has been filed before Delhi High Court.
The public interest litigation alleged the 35 candidates somehow managed to maliciously misrepresent themselves and were selected illegally and that the Delhi government's Department of Education miserably failed to scrutinise the requisite documents submitted by them, resulting in their erroneous selections.
During the hearing, the counsel for petitioner Navendu Charitable Trust sought time to implead the people against whom allegations have been levelled.
A bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula granted the petitioner's counsel the time sought and listed the matter for further hearing on October 18.
The Delhi government was represented through its standing counsel Santosh Kumar Tripathi and lawyer Arun Panwar.
The petition all

Delhi High Court

New research has revealed an inherent gender bias in the content - text, images, other media - generated by artificial intelligence (AI).
Analysing AI-generated content about what made a 'good' and 'bad' leader, men were consistently depicted as strong, courageous, and competent, while women were often portrayed as emotional and ineffective, researchers at the University of Tasmania, Australia, and Massey University, New Zealand, found.
Thus, AI-generated content can preserve and perpetuate harmful gender biases, they said in their study published in the journal Organizational Dynamics.
"Any mention of women leaders was completely omitted in the initial data generated about leadership, with the AI tool providing zero examples of women leaders until it was specifically asked to generate content about women in leadership.
"Concerningly, when it did provide examples of women leaders, they were proportionally far more likely than male leaders to be offered as examples of bad leaders, .

AI, google, Artificial Intelligence

Communal tension erupted in Ramganj and nearby areas here on Saturday after a man died allegedly due to thrashing by a group of men over an accident between two motorcycles, police said.
Two motorbikes collided in Subhash Chowk after which a group of men with one of the two riders thrashed the other rider, Iqbal, late Friday night, police said. He was rushed to SMS hospital where he succumbed to his injuries, they said.
Several shops in the Muslim-dominated areas were shut down, and family members of the deceased and locals gathered there are demanding action against the other side.
Additional forces have been deployed around the area and efforts were being made to diffuse the tension, police said. Shops in Ramganj, Subhash chowk and nearby areas have been closed in view of the tension.

Communal tension erupts in Jaipur after death of biker due to thrashing

Shakti Pumps

Shakti Pumps zooms 18% on winning Rs 358 cr-order from Haryana government

Sensex soars 1,031 pts, ends FY23 0.7% up; Nifty regains 17,350; RIL shines

Stocks to watch: RIL, Tata Power, Hero MotoCorp, Shakti Pumps, BDL, RVNL

Ind-Ra assigns 'IND A' ratings with stable outlook to Shakti Pumps

Stocks to watch: Mindtree, Tata Elxsi, Infosys, ACC, L&T Infotech, Raymond

Shakti Pumps hits 52-week low; plunges 20% in 1-month on growth concerns

Shakti Pumps makes foray into manufacturing of motors, chargers for EVs

Shakti Pumps surges 33% in three days on strong March quarter results

Stocks to watch: Tata Motors, Axis Bank, IOC, Minda Corp, Shakti Pumps

Pump stocks rally on budgetary sops; Shakti, Roto Pumps zoom 20%

Shakti Pumps up 6% on stake hike by promoter

Shakti Pumps surges 8% on strong Q3 results

Shakti Pumps soars 14% on robust Q4 profit

Shakti Pumps zooms over 50% in three days