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Peter Noronha

Goa Velha, India
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About Peter
Peter Noronha is a journalist based in Goa Velha, India.
Portfolio

Fino Payments Bank Receives Sebi Approval For IPO

01 Oct 2023  |  NDTV Profit
Fino Payments Bank has received approval from Sebi for its IPO, which includes a fresh issue of Rs 300 crore and an offer for sale of up to 1,56,02,999 shares by its promoter, Fino Paytech. The proceeds will be used to augment the bank's Tier-1 capital base. Founded in 2007 and rebranded in 2015, Fino Payments Bank offers a range of digital financial products and services. Other fintech companies like PayTM and MobiKwik are also awaiting Sebi approval for their IPOs.

Manyavar-Owner Vedant Fashions Files IPO Papers

01 Oct 2023  |  NDTV Profit
Vedant Fashions, owner of the Manyavar brand, has filed for an IPO with the Securities and Exchange Board of India. The IPO will be an offer for sale of up to 36.36 million shares by the promoter and shareholders, including Rhine Holdings, Kedaara Capital AIF I, and Ravi Modi Family Trust. Vedant Fashions will not receive any proceeds from the offering. The company, led by Ravi Modi and Shilpi Modi, also owns brands like Twamev, Manthan, Mohey, and Mebaz.

Vijaya Diagnostic To Debut On The Bourses Tomorrow

12 Sep 2023  |  NDTV Profit
Vijaya Diagnostic Center's IPO will list on the stock market on September 13. The IPO, backed by Kedaara Capital, was an offer for sale of 35.69 million shares by existing shareholders and promoters, including Dr S Surendranath Reddy, Karakoram, and Kedaara Capital AIF I. The shares were priced between Rs 522-531 each. Vijaya Diagnostic Center, a major diagnostic chain in South India, will not receive any proceeds from the IPO as it was purely an offer for sale.

Fino Payments Bank IPO Opens Today

29 Oct 2021  |  ndtvprofit.com
Fino Payments Bank's IPO, valued at Rs 1,200 crore, opens for subscription on October 29, 2021. It includes a fresh issue of Rs 300 crore and an offer for sale of shares by promoter Fino Paytech. The IPO will close on November 2, with an expected listing date of November 12. The IPO has allocated quotas for retail, QIB, and NII investors, with a special reservation of shares for employees.

Sensex Ends Higher By 450 Points, Led By Tata Group Shares

13 Oct 2021  |  NDTV Profit
The domestic stock markets reached new all-time highs driven by a rally in Tata Group shares following Tata Motors' announcement of raising Rs 7,500 crore for its electric vehicle business. The BSE Sensex closed at 60,737.50, up 452.50 points, and the NSE Nifty ended at 18,161.7, up 169.70 points. Tata Motors surged 22% to a 52-week high, while Tata Power and Tata Chemicals also saw significant gains. Other notable gainers included M&M, ITC, Tech Mahindra, and Infosys.

IT Shares Extend Losses For Second Consecutive Day Post TCS Earnings

12 Oct 2021  |  ndtvprofit.com
Information technology stocks in India continued to decline for a second day following TCS's earnings report. HCL Tech experienced a significant drop of 4.4%, leading the losses, while Tech Mahindra, TCS, and Infosys each fell by 1.2%. TCS's quarterly performance did not meet expectations, which contributed to a sharp 6.3% drop in its shares, affecting the broader IT sector. Market participants are apprehensive about upcoming earnings announcements from Infosys, HCL Tech, and Tech Mahindra.

Rate-Sensitive Auto, Banking Shares Trade Mixed Post RBI Policy

08 Oct 2021  |  NDTV Profit
Following the Monetary Policy Committee review, the Reserve Bank of India has kept the repo rate at 4% and the reverse repo rate at 3.35%. Financial stocks like Bajaj Finserv, Bajaj Finance, Axis Bank, and HDFC Bank saw gains, while auto stocks like Tata Motors gained and Maruti Suzuki, M&M, and Bajaj Auto faced losses. RBI Governor Shaktikanta Das maintained the real GDP growth projection at 9.5% for FY2021-22 and CPI inflation at 5.3% for the current year, emphasizing the central bank's commitment to keeping inflation within the target range.

RBI Keeps Key Rates Unchanged: "As Long As Necessary To Revive Growth"

08 Oct 2021  |  NDTV Profit
The Reserve Bank of India (RBI) has kept key interest rates unchanged to support economic growth, maintaining an accommodative stance. RBI Governor Shaktikanta Das projected a 9.5% GDP growth for FY2021-22, noting momentum in economic activity and demand recovery. Inflation is projected at 5.3% for the current year, with the central bank committed to keeping it within the 2-6% target range. Moody's recently upgraded India's rating outlook to 'stable,' reflecting ongoing economic recovery. The services sector showed expansion for the second consecutive month in September, driven by improved domestic demand and easing COVID-19 restrictions.

Petrol, Diesel Prices Hiked Again On Tuesday; Petrol Nears Rs 109 In Mumbai

05 Oct 2021  |  www.ndtvprofit.com
On October 5, petrol and diesel prices were increased across Indian metros, with petrol in Mumbai nearing Rs 109 per litre. The price hike was 25 paise for petrol and 30 paise for diesel in the national capital. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

No Change In Petrol, Diesel Prices On Monday

04 Oct 2021  |  ndtvprofit.com
Petrol and diesel prices remained unchanged across Indian metros on October 4, following three consecutive days of hikes. In Delhi, petrol was at Rs 102.39 per litre and diesel at Rs 90.77 per litre, while Mumbai had the highest rates among metros with petrol at Rs 108.43 per litre and diesel at Rs 98.48 per litre. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

Sensex Up Over 500 Points, Nifty Above 17,600; Divi's Labs, NTPC Top Gainers

04 Oct 2021  |  www.ndtvprofit.com
Indian stock markets traded strongly with Sensex and Nifty seeing significant gains, led by Divi's Labs and NTPC as top gainers. Broader markets outperformed largecap peers, with midcap and smallcap indices reaching record highs. European markets opened slightly lower, while Asian markets were mixed. The Indian rupee weakened against the US dollar. Divi's Labs' share price soared due to its role in producing an ingredient for a promising COVID-19 antiviral drug, while NTPC's stock rose following news of planned IPOs for its units.

Paras Defence IPO To Debut Today. Key Things To Know

01 Oct 2021  |  ndtvprofit.com
Paras Defence and Space Technologies is set to list on the stock exchanges on October 1, 2021, following a highly successful IPO that was subscribed 304.26 times. The IPO, valued at Rs 170.7 crore, included a fresh issue and an offer for sale by existing investors. The company, promoted by Sharad Virji Shah and Munjal Sharad Shah, and backed by Sunil Singhania's Abakkus Emerging Opportunities Fund 1, operates in defence and space optics, defence electronics, EMP protection solutions, and heavy engineering.

Petrol, Diesel Prices Touch All-Time Highs On Friday

01 Oct 2021  |  www.ndtvprofit.com
On October 1, petrol and diesel prices in India reached record highs, with petrol prices in the national capital increasing by 25 paise to Rs 101.89 per litre and diesel by 30 paise to Rs 90.17 per litre. Mumbai saw petrol prices at Rs 107.95 per litre and diesel at Rs 97.84 per litre. The price hike is attributed to the high global oil prices and is the third increase for petrol and sixth for diesel after a three-week pause in rate revisions. Indian Oil, Bharat Petroleum, and Hindustan Petroleum, all state-run oil refiners, adjust fuel rates daily based on the crude oil prices in international markets and the rupee-dollar exchange rates, with changes taking effect from 6 am.

Petrol, Diesel Prices Hiked On Thursday. Check Latest Rates Here

30 Sep 2021  |  ndtvprofit.com
Petrol and diesel prices were increased across Indian metros on Thursday, September 30, with petrol prices in the national capital rising by 25 paise to Rs 101.64 per litre and diesel by 30 paise to Rs 89.87 per litre. Mumbai has the highest fuel rates among the metro cities. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes taking effect from 6 am.

Aditya Birla Sun Life AMC IPO Opens Today. Should You Invest?

29 Sep 2021  |  ndtvprofit.com
Aditya Birla Sun Life AMC's IPO, valued at Rs 2,768.25 crore, opens for bidding with a price band of Rs 695-712 per share. The offering is a joint venture between Aditya Birla Group and Sun Life Financial Inc of Canada, with average assets under management of Rs 2.93 lakh crore. Angel One and Anand Rathi recommend subscribing to the IPO, citing steady growth in AUMs, a strong individual investor base, and a high return on net worth.

Petrol, Diesel Prices Unchanged On Wednesday. Check Latest Rates Here

29 Sep 2021  |  www.ndtvprofit.com
On Wednesday, September 29, petrol and diesel prices remained unchanged across Indian metros. In Delhi, petrol was priced at Rs 101.39 per litre and diesel at Rs 89.57 per litre. Mumbai had the highest fuel rates among the metro cities, with petrol at Rs 107.47 per litre and diesel at Rs 97.21 per litre. Fuel rates vary by state due to differing VAT. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate, with changes effective from 6 am.

Paras Defence IPO: How To Check Allotment Status

28 Sep 2021  |  NDTV Profit
Paras Defence and Space Technologies is set to announce the allotment status of its Rs 170 crore initial public offering (IPO) on September 28. The IPO was highly successful, being subscribed 304 times, with investors bidding for 217 crore shares against the 71.40 crore shares on offer. The qualified institutional investors' portion was subscribed 169.65 times, while the non-institutional investor category saw a subscription of 927.70 times.

Atul Auto Starts Production At Ahmedabad Plant; Stock Gains Almost 1%

28 Sep 2021  |  NDTV Profit
Atul Auto has commenced commercial production at its Bhayla plant in Ahmedabad District, Gujarat, starting September 27, 2021. The company also recently acquired Khushbu Auto Finance, which operates in multiple Indian states. Following these developments, Atul Auto's shares have seen a significant increase, trading at Rs 221.30, up by 0.9% on the BSE, with a 15% gain over the past three sessions.

Goldman Sachs Cuts China's Growth Forecast To 7.8% Amid Power Shortages

28 Sep 2021  |  NDTV Profit
Goldman Sachs has revised China's growth forecast for 2021 down to 7.8% from 8.2% due to energy consumption constraints. The country's efforts to meet strict environmental targets have led to significant power shortages, affecting up to 44% of industrial activity. The Evergrande Group's financial troubles add to the economic uncertainty, with potential impacts on property sales and construction. The report highlights the uncertainty in the fourth quarter, influenced by government policies on Evergrande and environmental regulations.

Sensex Makes History At 60,000 - Charting the Record-Breaking Journey

24 Sep 2021  |  NDTV Profit
The Sensex reached the 60,000 milestone, driven by declining Covid-19 cases, rising vaccinations, and economic improvements. The journey from 1,000 to 60,000 spanned 31 years, with significant milestones including the 30,000 mark in 2015 and the rapid rise from 50,000 to 60,000 in just eight months. Factors such as reduced fears of a third Covid-19 wave, increased economic activity, and new investors entering the market contributed to the recent surge. The resilience of the Indian market is highlighted, despite challenges like the Covid-19 pandemic and historical financial crises.

Petrol, Diesel Prices Steady On Tuesday. Petrol Hovers At Rs 107 In Mumbai

21 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained unchanged for the 16th consecutive day across the four metros on September 21, 2021. In Delhi, petrol was priced at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai saw petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre, the highest among the metro cities. Fuel rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel rates daily based on international crude oil prices and the rupee-dollar exchange rate. Oil prices fell below $75 a barrel due to rising risk aversion affecting stock markets and strengthening the U.S dollar, with some U.S. Gulf output expected to remain offline for months after storm damage.

Paras Defence IPO Opens For Bidding Today. Should You Invest?

21 Sep 2021  |  ndtvprofit.com
Paras Defence and Space Technologies' IPO, valued at Rs 170.7 crore, is open from September 21 to September 23, comprising a fresh issue and an offer for sale. The company, serving clients like Bharat Electronics and others in Belgium, Israel, and South Korea, is expanding its production capacity and market share. Indwealth notes the IPO is aggressively priced at a P/E ratio of 43 times FY21 EPS.

Sensex Down Over 100 Points; Tata Steel, HDFC, SBI Top Losers

20 Sep 2021  |  NDTV Profit
The BSE Sensex and NSE Nifty are trading lower, influenced by losses in major stocks like Tata Steel, HDFC, and SBI. The Sensex fluctuated within a 700-point range and the rupee weakened against the US dollar. Tata Steel led the losses, while Hindustan Unilever, Bajaj Finserv, ITC, and HCL Tech gained. Lupin's shares dropped following a US FDA inspection with seven observations.

Stocks To Watch: Wipro, Cadila Healthcare, NCL Industries

20 Sep 2021  |  NDTV Profit
Domestic stock markets are expected to open lower due to negative global cues, with US stocks ending sharply lower amid concerns over strong economic data, corporate tax hikes, the Delta COVID variant, and potential changes in the US Federal Reserve's asset purchase timeline. Asian shares also eased ahead of numerous central bank meetings, including the Federal Reserve's likely move towards tapering. SGX Nifty trends indicate a significant gap-down opening for the Nifty.

Hero MotoCorp Gains Almost 1% On Price Hike Plans

17 Sep 2021  |  ndtvprofit.com
Hero MotoCorp's shares saw a nearly 1% increase amid a strong market following the announcement of a price hike to mitigate the effects of rising commodity prices. The increase will be up to Rs 3,000 and will vary by model and market, taking effect from September 20.

Stocks To Watch Today: Telecom, Auto Stocks, Wipro

16 Sep 2021  |  ndtv.com
Domestic stock markets in India are expected to open cautiously as indicated by SGX Nifty futures trading. Positive factory data and higher oil prices led to a rise in the S&P 500 and Dow Jones indexes, despite concerns over economic recovery and potential higher corporate taxes. SGX Nifty futures were trading higher by 12 points at 17,546 at 8:00 am on the Singapore Stock Exchange. The Indian government announced a telecom relief package, including a four-year moratorium on AGR and spectrum dues and allowing 100 per cent FDI in telecom through the automatic route.

Petrol, Diesel Prices Steady For Tenth Straight Day

15 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained steady across the four metros for the tenth consecutive day on September 15, 2021. In Delhi, petrol was at Rs 101.19 per litre and diesel at Rs 88.62 per litre. Mumbai had the highest fuel rates among metro cities, with petrol at Rs 107.26 per litre and diesel at Rs 96.19 per litre. Rates vary by state due to VAT. Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel prices daily based on international crude oil prices and the rupee-dollar exchange rates, with changes effective from 6 am.

Stocks To Watch: HCL Tech, Dynacons Systems, PFC

15 Sep 2021  |  NDTV Profit
The domestic stock markets are expected to open cautiously, influenced by subdued global cues. The Nifty futures indicate a slight gain, while the BSE Sensex and NSE Nifty showed modest increases in the previous session. Wall Street experienced a sell-off due to economic uncertainties and potential corporate tax hikes, affecting investor sentiment. Shares in Asia-Pacific also declined, with investors awaiting Chinese economic data. UBS Group AG increased its stake in a company through a rights issue. Dynacons Systems secured a significant order for IT and IoT services for Mumbai's Disaster Management Department.

Stocks To Watch: Infosys, Wipro, DCM Shriram

14 Sep 2021  |  NDTV Profit
The domestic stock markets are expected to open positively, with early indications from SGX Nifty trading showing a 45-point gain. The S&P 500 ended a five-day losing streak, while shares in Asia-Pacific were mixed as investors awaited U.S. consumer inflation data. On Monday, the BSE Sensex and Nifty both saw declines. Infosys has completed a significant buyback of over 5.58 crore equity shares as part of its Rs 9,200 crore buyback offer.

Petrol, Diesel Prices Unchanged On Wednesday

08 Sep 2021  |  NDTV Profit
Petrol and diesel prices remained steady across major Indian metros on September 7, 2021, with the highest rates in Mumbai. State-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum adjust fuel prices daily based on international crude oil prices and rupee-dollar exchange rates. On the same day, global oil prices fell due to a strong U.S. dollar and weak demand concerns, despite production outages on the U.S. Gulf Coast.

Sensex Sheds Over 100 Points; TCS, Maruti Suzuki, Infosys Top Losers

08 Sep 2021  |  NDTV Profit
The benchmark indices are trading lower due to losses in auto and IT shares, with the BSE Sensex down by 187 points and the NSE Nifty down by 59 points. Heavyweights like Tata Consultancy Services, Maruti Suzuki, Infosys, and Reliance Industries are dragging the markets. The rupee also fell by 23 paise against the US dollar. EID Parry India gained nearly 1% on news of setting up a new distillery in Andhra Pradesh. Auto and IT shares, including TCS, Maruti Suzuki, Bajaj Auto, and Infosys, are experiencing selling pressure.

Sensex Up Over 100 Points; Nifty Above 17,300; Reliance Industries, Infosys Firm

06 Sep 2021  |  ndtvprofit.com
Indian benchmark indices traded firmly on Monday afternoon, with the BSE Sensex at 58,301.33, up by 175 points, and the NSE Nifty at 17,380, up by 46 points, supported by gains in Reliance Industries, Infosys, and Hindustan Unilever. The broader markets also saw gains, and the rupee weakened slightly against the U.S. dollar.

Sensex Rallies Over 400 Points; Hindustan Unilever, TCS Strong

02 Sep 2021  |  ndtvprofit.com
On Thursday afternoon, Indian benchmark indices Sensex and Nifty were trading higher, driven by gains in major stocks like Hindustan Unilever, TCS, and HDFC. European markets opened positively, while Asian markets showed a mixed performance. The BSE Sensex rose by 409.75 points, and the NSE Nifty increased by 127.36 points. The rupee appreciated against the U.S. dollar, and IPOs for Vijaya Diagnostic Centre and Ami Organics are underway, with the latter being oversubscribed.

Petrol, Diesel Rates Unchanged On Thursday

02 Sep 2021  |  ndtvprofit.com
On September 2, 2021, petrol and diesel prices remained unchanged across the four metros after a marginal reduction the previous day. Petrol was priced at Rs 101.34 and diesel at Rs 88.77 per litre in the national capital, with the highest prices in Mumbai at Rs 107.39 for petrol and Rs 96.33 for diesel. Prices vary due to VAT and are revised daily by state-run oil refiners like Indian Oil, Bharat Petroleum, and Hindustan Petroleum based on international crude oil prices and the rupee-dollar exchange rates. Oil prices fell after OPEC+ decided to continue gradually returning supply to the market amidst surging coronavirus cases and many U.S refiners being offline.

What is the Future of Computing?

12 Nov 2019  |  Koffee with Peter
The article discusses the evolution of computers from large mainframes to the current tablets and smartphones. It suggests that the future of computing will be significantly different from what has been seen so far, implying a transformative change in how computers will be integrated into our lives or the environment around us. The article seems to be an introduction to a broader discussion on the topic, as it does not provide detailed content but rather sets the stage for a question about the future of computing.
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