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UltraTech Cement surges 4%, hits record high on Rs 5,477 crore capex plan

UltraTech Cement surges 4%, hits record high on Rs 5,477 crore capex plan

Shares of UltraTech Cement surged 4 per cent to hit a fresh record high in the early morning trade on the BSE on Friday. The stock crossed Rs 5,000 mark to scale the peak of Rs 5,104 after the company said its board has approved increasing the firm's capacity by 12.8 mtpa (MT), with a mix of brown field and green field expansion at a capex of Rs 5,477 crore. The company surpassed its previous high of Rs 4,998, touched on December 2, 2020.

The additional capacity will be created in the fast-growing markets of the east, central and north regions in the country, UltraTech Cement said in a press release.

GHMC elections: Counting of votes underway, BJP takes lead in early trends

GHMC elections: Counting of votes underway, BJP takes lead in early trends

The counting of votes for the Greater Hyderabad Municipal Corporation (GHMC) election began on Friday morning.

As per early trends, BJP has taken a lead and both TRS and Asaduddin Owaisi's AIMIM are trailing behind.

After campaigning by regional and national political parties, voting for the GHMC elections was held in 150 wards on December 1.

UK approves Pfizer, becomes the first country to roll out Covid-19 vaccine

UK approves Pfizer, becomes the first country to roll out Covid-19 vaccine

Britain will be the first country in the West to roll out a Covid-19 vaccine, beating the United States and Europe in a race to control the pandemic that has left close to 1.5 million dead globally. UK’s drug authority—Medicines and Healthcare products Regulatory Agency (MHRA)--on Wednesday granted an emergency licence to the antidote developed by American pharma major Pfizer along with Germany’s BioNTech, inspiring confidence in people and economies around the world after a year of extreme pain and losses.

Gold price today at Rs 51,610 per 10 gm, silver trending at Rs 62,400 a kg

Gold price today at Rs 51,610 per 10 gm, silver trending at Rs 62,400 a kg

Gold price today jumped to Rs 51,610 from Rs 51,320 per 10 gm, while silver was trending at Rs 62,400 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

At least 100 mn people will get Covid-19 vaccine by end of Feb 2021: US

At least 100 mn people will get Covid-19 vaccine by end of Feb 2021: US

The chief advisor of the US Covid-19 vaccine development programme is confident that at least 100 million people would have got coronavirus shots by the end of February 2021 and this operation would have covered the entire at risk population comprising the elderly, frontline workers and those with comorbidities.

Operation Warp Speed chief adviser Moncef Slaoui said he hopes to have emergency use authorization for at least one vaccine by December 10 or 11.

Farmers' protest: Centre to meet farmer leaders on Thursday for crucial round of talks

Farmers' protest: Centre to meet farmer leaders on Thursday for crucial round of talks

The Centre is scheduled to meet the representatives of protesting farmers on December 3 for a crucial round of talks over the agricultural laws passed earlier this year. A similar meeting that took place on December 1 failed to make any progress.

Farmers, particularly from Punjab and Haryana, have been agitating over these laws since they were passed. They headed towards New Delhi last week to register their protest and demand their repeal from the central government.

Vaccines won't prevent short-term Covid-19 surge: WHO emergency expert

Vaccines won't prevent short-term Covid-19 surge: WHO emergency expert

The UN World Health Organization has warned people to maintain social distancing and other norms to restrict the spread of Covid-19, as it believes that there will not be enough quantities of coronavirus vaccines in the next three to six months to prevent a surge of infections.

'We are not going to have sufficient vaccinations in place to prevent a surge in cases for three to six months,' WHO top emergency expert Mike Ryan told a social media event.

CBSE says 2021 board exams to be held in written mode, not online

CBSE says 2021 board exams to be held in written mode, not online

The Central Board of Secondary Education (CBSE) has said the board examinations of 2021 will be conducted in the conventional written mode, adding there was no proposal to conduct the exams online, news agency IANS reported.

The board examinations of 2021 will be in the regular written manner and not online, the CBSE stated.

Russia: Putin orders mass COVID-19 vaccinations; health minister claims one lakh already received Sputnik V

Russia: Putin orders mass COVID-19 vaccinations; health minister claims one lakh already received Sputnik V

Russian Health Minister Mikhail Murashko on Wednesday said more than 100,000 people had already been vaccinated against COVID-19, as Moscow presented its Sputnik V vaccine to the United Nations over video link.

President Vladimir Putin earlier ordered authorities to begin mass voluntary vaccinations next week. Russia will have produced two million vaccine doses within the next few days, Putin said.

Statue of Unity ticket sale fraud: Rs.5.24 crore siphoned off by cash collection agency employees, FIR lodged

Statue of Unity ticket sale fraud: Rs.5.24 crore siphoned off by cash collection agency employees, FIR lodged

The Gujarat Police on Wednesday registered a case against some employees of a cash collection agency for allegedly siphoning off Rs.5.24 crore generated from the sale of tickets of the Statue of Unity in Narmada district of the state.

The Statue of Unity, has been a major tourist attraction in Gujarat since it was inaugurated in October 2018 by Prime Minister Narendra Modi. During the period from November 2018 to March 2020, the money generated from the sale of tickets by the Statue of Unity management was handed over to the cash collection agency, hired by a private bank in Vadodara.

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