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Century Textiles hits fresh 52-week high, surges 40% in 3 months

Century Textiles hits fresh 52-week high, surges 40% in 3 months

Shares of Century Textiles & Industries gained 3 per cent to hit a fresh 52-week high of Rs 553 on the BSE on Tuesday amid expectations of improved financial performance in the second half of the current financial year (H2FY20). The company is scheduled to announce Q3FY20 results on January 28, 2020.

The stock of the BK Birla Group company has zoomed 40 per cent in the past three months, after it turned ex-date on October 11, 2019 for the demerger of cement division and its merger into UltraTech Cement.

Gold prices jump over Rs 150 on Tuesday as IMF cuts growth outlook for India

Gold prices jump over Rs 150 on Tuesday as IMF cuts growth outlook for India

Gold prices jumped in the future markets on MCX as a new strain of pneumonia in China could hamper economic growth. Also, theInternational Monetary Fund (IMF) has trimmed its 2019 growth forecast for India to 4.8 per cent from its October projection of 6.1 per cent.

MCX gold rose Tuesday morning due to flight to safe-haven by the international trade community.

Delhi elections: BJP releases 2nd list after SAD exits polls over CAA

Delhi elections: BJP releases 2nd list after SAD exits polls over CAA

The BJP on Tuesday released the second list of candidates for the Delhi Assembly polls, fielding state Yuva Morcha President Sunil Yadav from the New Delhi constituency against Chief Minister Arvind Kejriwal.

The list was announced after midnight following the announcement of Siromani Akali Dal (SAD) to not contest the Delhi polls in alliance with the BJP due to its stand on the Citizenship Amendment Act.

Indian aviation startups to pitch for support at Singapore Air Show 2020

Indian aviation startups to pitch for support at Singapore Air Show 2020

Startups from India with innovative technologies in the aerospace, civil aviation and air services are expected to pitch for support to industry heavyweights such as Airbus and Boeing at the Singapore Air Show 2020 next month, the organisers said.

The Singapore Air Show would be organised from February 11-16 and will witness the participation of some 65 top aerospace and defence companies.

Three rockets fall near US embassy in Iraq's Baghdad; all eyes on Iran

Three rockets fall near US embassy in Iraq's Baghdad; all eyes on Iran

Three rockets fell near the United States (US) embassy at the high-security Green Zone in Iraq's capital Baghdad, news agency AFP reported on Tuesday morning, citing security sources.

No immediate reports of casualties have been received.

According to AFP, sirens could be heard across the zone immediately after the rockets made their impact. A BBC reporter also posted on Twitter about the alarms that were sounding in the US embassy complex, adding that speakers were telling those who were inside to take shelter.

Vodafone Idea zooms 16% on hope SC could extend AGR payment deadline

Vodafone Idea zooms 16% on hope SC could extend AGR payment deadline

Shares of Vodafone Idea surged 16 per cent to Rs 5.70 on Tuesday, extending its Monday's 8 per cent gain on the BSE, amid hopes that the Supreme Court (SC) may extend the deadline for adjusted gross revenue (AGR) dues payment of January 24, 2020.

On Friday, the stock of telecom services provider tanked 25 per cent to level of Rs 4.51 after the SC rejected the review petition by Vodafone Idea and Bharti Airtel challenging the apex court's 24 October order on AGR.

Uber sells its India food delivery business to Zomato in all-stock deal

Uber sells its India food delivery business to Zomato in all-stock deal

Uber on Tuesday announced the sale of its food delivery business in India to Zomato in an all-stock deal.

Uber will get a 9.9 per cent stake in Zomato as part of the deal whose size has not been disclosed. The deal for Uber Eats, which operates in 41 cities, was signed at 3 am, and its customers will be shifted to the Zomato app from 7 am.

Protests rock Andhra Pradesh as assembly decides fate of Amaravati today

Protests rock Andhra Pradesh as assembly decides fate of Amaravati today

Several opposition leaders were either detained or placed under house arrest in Andhra Pradesh as protests rocked Amaravati and surrounding districts on Monday, ahead of a crucial Assembly session where the state government is likely to announce its final decision on three capitals proposal.

Tension prevailed as people took to streets to demand that Amaravati be continued as the only state capital.

Reliance Industries declines 2% as investors book profit post Q3 results

Reliance Industries declines 2% as investors book profit post Q3 results

Shares of Reliance Industries (RIL) slipped 2 per cent to Rs 1,546 on the BSE on Monday despite the company logging its highest-ever quarterly consolidated net profit of Rs 11,640 crore for the quarter ended December 31, 2019 (Q3FY20).

The stock has fallen 4 per cent from its early morning high of Rs 1,610 on profit-booking. During the past four months, RIL has outperformed the market by surging 32 per cent, as compared to a 15 per cent rise in the S&P BSE Sensex till Friday. It touched an all-time high of Rs 1,618 on December 20, 2019.

'Too small to fight India': Malaysia rules out action over palm oil ban

'Too small to fight India': Malaysia rules out action over palm oil ban

Malaysia will not take retaliatory trade action against India over its boycott of palm oil purchases amid a political row between the two countries, Prime Minister Mahathir Mohamad said on Monday.

India, the world's largest edible oil buyer, this month effectively halted imports from its largest supplier and the world's second-biggest producer in response to comments from Mahathir attacking India's domestic policies.

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