TCS also announced a dividend of Rs 9 per share. The record date will October 9, 2023 and the payment date is November 7, 2023

Investor Dolly Khanna held 1.8 million or 1 per cent of the total equity of Prakash Industries as of the end of September 2023

broker, market, shares, trading, stocks, growth, profit, loss, exchange, brokerage

The Centre on Wednesday said it has approved royalty rates of 3 per cent each for lithium and niobium and 1 per cent for Rare Earth Elements (REEs).
The decision on the royalty rates for the three critical and strategic minerals was taken by the Union Cabinet chaired by Prime Minister Narendra Modi, according to an official statement.
The royalty rate approval by the Cabinet will enable the Centre to auction lithium, niobium and REEs blocks for the first time in the country, it said.
"The Union Cabinet... approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) for specifying rate of royalty in respect of 3 critical and strategic minerals, namely, lithium, niobium and Rare Earth Elements," the Ministry of Mines said in a statement.

Lithium reserves

Shares of MIDHANI hit a record high of Rs 476.40, as they zoomed 17% on the BSE in Wednesday's intra-day trade and has recorded its sharpest intra-day rally since April 7, 2020.

Isro's Launch Vehicle Mark-III (LVM3) M4 rocket carrying 'Chandrayaan-3' lifts off from the launch pad at Satish Dhawan Space Centre, in Sriharikota, Friday. Photo: PTI

Stocks to watch on October 11, 2023: MCX said it will go live on the new commodity derivative trading platform from October 16, after a mock session on October 15

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Here is the best of Business Standard's opinion pieces for today

ILLUSTRATION: AJAY MOHANTY

Supporters of Israel and backers of the Palestinian cause rallied in American cities on Sunday over the conflict that has killed hundreds and wounded thousands in the Middle East.
Palestinian Americans planned to gather Sunday outside of the Israeli consulates in Atlanta and Chicago.
In recent years, we have seen the unified Palestinian resistance grow stronger, said Hatem Abudayyeh, the national chair of the US Palestinian Community Network and a spokesperson for the Chicago Coalition for Justice in Palestine, who has family in the region. It really should be no surprise that this is happening.
Former House Speaker Nancy Pelosi was set to lead a Jewish community gathering in support of Israel at a synagogue in San Francisco.
A pro-Palestinian march was planned for Times Square Sunday afternoon. Democratic Gov. Kathy Hochul called the anticipated gathering abhorrent and morally repugnant.
On Saturday night in New York City, around 300 people, many in Jewish religious garb, had sun

israel

According to Ravi Nathani, an independent technical analyst, Traders can either await a decisive breakout or opt for a riskier approach by shorting near the upper consolidation boundary.

NSE, Nifty, markets

The capture of dozens of Israeli soldiers and civilians  elderly women, children, entire families  by Hamas militants has stirred Israeli emotions more viscerally than any crisis in the country's recent memory and presented an impossible dilemma for Israeli Prime Minister Benjamin Netanyahu's far-right government.
The Islamist militant group's 2006 seizure of a sole young conscript, Gilad Shalit, consumed Israeli society for years  a national obsession that prompted Israel to heavily bombard the Gaza Strip and ultimately release over 1,000 Palestinian prisoners, many of whom had been convicted of deadly attacks on Israelis, in exchange for Shalit's freedom.
This time, Gaza's Hamas rulers have abducted dozens of Israeli civilians and soldiers as part of a multipronged, shock attack on Saturday. Palestinian Islamic Jihad, a militant group smaller and more brazen than Hamas, said Sunday that it alone had seized 30 hostages.
Their captivity raises the heat on Netanyahu and his hawkish, 

Benjamin Netanyahu

The Israeli rescue service Zaka says its paramedics removed about 260 bodies from a music festival attended by thousands that came under attack by Hamas militants.
The total figure is expected to be higher as other paramedic teams were working in the area.
Video aired on social media and by Israeli news outlets showed dozens of festival goers running through an open field as gunshots rang out. Many hid in nearby fruit orchards or were gunned down as they fled.

Israel, gaza, gaza deaths, Gaza protests, Israeli forces kill 28, Palestine, anger mounts over us embassy move, Jerusalem, Gaza clashes, Israel, Gaza Strip, Palestinians, Gaza Riots,Gaza,GAZA CITY,Hamas,Ramallah,jaffa,Palestinian Authority,West Bank

The Indian crude oil basket, a mix of Gulf sour and Brent sweet grades, averaged $93.54 a barrel last month

Crude oil

The news website was already under investigation by ED for allegedly receiving Chinese funds for pro-Chinese propaganda. The recent and hurried ramp-up by the police may very likely come to nothing

Bharat Bhushan

The stock price of Sai Silks (Kalamandir) (down 10% at Rs 220.05) and Updater Services (down 3% at Rs 276.16) fell below their issue price in intra-day trade on Monday.

These 5 recently listed IPO’s stock price hit lowest levels since debut

markets, investor, stock market, broker, trader

The Association of Healthcare Providers India (AHPI) has accused insurance companies of "unfairly" rejecting claims by patients and blatantly disregarding guidelines laid down by the Insurance Regulatory and Development Authority of India.
The AHPI, which is a collective of hospitals and other healthcare providers, contended that private insurance companies have formed an "alarming cartel".
These companies are collectively discontinuing cashless facilities provided to hospitals, depriving patients of their right to choose treatment and healthcare providers in an arbitrary manner, the AHPI charged in a statement.
The real victims in this situation, the AHPI said, are the insured patients.
As claims are denied, individuals find themselves in urgent need of funds to cover mounting medical expenses, especially those seeking emergency care while private hospitals find themselves grappling with escalating costs and mounting losses due to the conduct of these insurance companies, the ...

insurance industry, insurance

BYD is far from being an outlier, as several Chinese companies from various sectors have faced challenges in getting visas for travel to India

Defence Minister Rajnath Singh on Wednesday visited a jet engine manufacturing facility of French firm Safran near Paris and witnessed latest developments in aero-engine technology.
Singh's visit to the facility at Gennevilliers assumed significance as Safran is looking at co-developing a fighter aircraft engine in India under a mega project.
The defence minister is visiting France after concluding his trip to Italy.
Singh also interacted with a group of CEOs of top French defence companies in Paris and highlighted to them the advantages of co-development and co-production of defence hardware in India that he said could be exported to third countries.
The defence ministry said Singh visited the Safran Engine Division's R and D Centre at Gennevilliers near Paris and witnessed the latest developments in aero-engine technology.
It said Olivier Andries, the Global CEO of Safran, welcomed the defence minister to the facility and, along with his team, gave a detailed briefing to ...

Rajnath Singh

The UGC has made it mandatory for universities and higher education institutions to disclose on their websites details of fee structure and refund policy, hostel facilities, scholarships, rankings and accreditation, according to top officials.
The move comes after the higher education regulator observed that the websites of several universities lack not only in providing basic minimum information but many of these are not functional and updated.
Details of patents, foreign and industry collaborations, internal quality assurance cell, internal complaint committee, anti-ragging cell with helpline number, and equal opportunity cell, are also part of a checklist issued by the University Grants Commission (UGC).
"We have found that the websites of several universities lack not only in providing basic minimum information related to their university but also at many a times their websites are not functional and updated. This causes lot of inconveniences and uncertainty to the ...

UGC chairman M Jagadesh Kumar

Accused Seiminlun Gangte was recentlty arrested from Manipur and brought to Delhi

Manipur

More than 500 complaints were received from across Rajasthan on the C-Vigil app in just 48 hours of the implementation of the Model Code of Conduct in the state, officials said on Wednesday.
District Election Officers, or Returning Officers, found 134 complaints correct and resolved them within the stipulated time.
Chief Electoral Officer Praveen Gupta said 115 complaints were rejected by the Returning Officers, while six complaints are still pending.
The remaining 242 complaints were rejected by the District Control Room at its level, he said.
Gupta said that the maximum number of complaints (79) were received from Jaipur district.
He said that the C-Vigil app allows resolution of a complaint received on it within 100 minutes.
The CEO said that till now lack of documentary evidence in the form of photographs or videos was a hindrance in verification of the complaint, but the app is working to bridge all these gaps.

Vote, elections, MCD polls

An Indian Air Force (IAF) helicopter on Wednesday made an emergency landing in Assam's Dhubri district and then again in Barpeta after sometime, officials said.
According to a defence official, the chopper carrying a few personnel had gone to Dhubri for "some work".
"As per our preliminary report, it made a precautionary landing in Dhubri," he said, declining to share further details.
An IAF official from Eastern Air Command headquarters in Shillong also declined to comment, stating that she did not have information on the development.
According to state government officials, the chopper had around a dozen occupants and some of them disembarked when it made an emergency landing at a field near Chapar in Dhubri.
"A little later, it left Dhubri," he added.
However, the same helicopter again made an emergency landing at Sidhuni village near Barpeta town in Barpeta district around 4pm, a local official said.
"After some time, another chopper came with engineers. After dropping them 

IAF Apache helicopter flies over UT amid border tension with China, in Ladakh

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Rajnath Singh visits Safran's engine manufacturing facility near Paris

Colleges, varsities must disclose fee structure, refund policy: UGC chief

Manipur violence: NIA court sends accused Gangte to judicial custody

Rajasthan election staff get 500 complaints in 48 hours of MCC imposition

IAF chopper makes emergency landing twice in Assam's Dhubri district

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TCS Q2FY24 result: Net profit up 8.7%; buyback worth Rs 17,000 cr announced

This Dolly Khanna-owned iron & steel stock has zoomed over 100% in 3 months

Cabinet approves royalty rates for mining of Lithium, 2 other minerals

Stock of this state-owned defense company has zoomed over 150% since April

Stocks to Watch: Titan, Bank of Baroda, MCX, Birla Corp, TCS, REC, PFC

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