Shares of Interarch Building Products rallied 3.7% on Monday, January 13, to their day’s high of Rs 1,613.40 on the BSE after the company received two projects totaling Rs 221 crore from Tata Projects in the semiconductor and lithium-ion battery sector.“We are pleased to inform you that the Interarch secures INR 221 Crore orders in the Revolutionary Semiconductor & Lithium-Ion Battery Sector, from Tata Projects Limited, Transforming India’s Tech Landscape,” the company announced in its press release.The first order is for Tata Semiconductor Assembly & Testing Pvt Limited, for their semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This project is part of India’s expanding semiconductor ecosystem and aligns with the government's push to enhance domestic el
"So, if you apply a 25 multiple, 7,000 for an S&P looks feasible unless something goes seriously wrong somewhere. So, that is the big picture," says Anurag Singh, Managing Partner, Ansid Capital.What explains this kind of sell-off that one has seen for US equities because many are even questioning whether the bull market is at risk or not?Anurag Singh: Let me just throw some light on US market. The current selling is broadly on account of 10-year yield rising to 4.7 and it has done so while Federal Reserve has cut 100 basis points. So, it is kind of a counterplay, but there are two major concerns and we should wait for Jan 20th to see how it unfolds. But broadly, there is a concern around what are the tariffs going to be. If the tariffs are imposed across the board or even selectively,
A 5.0-magnitude earthquake jolted Dingri County in Xigaze of the Tibet Autonomous Region of China on Monday night. Officials said no casualties were reported so far. The quake shook the area around the holy town of Xigaze at 8.58 pm local time, according to the China Earthquake Networks Centre (CENC). No casualties have been reported so far, said Tashi Dondrup, the county head of Dingri, adding that further investigation was underway. The same area was hit by a 6.8-magnitude quake on January 7, in which 126 people were killed and 188 others injured. China has launched massive relief and rescue operations in the area. Monday's quake struck at a depth of 10 km, the state-run Xinhua news agency reported, quoting CENC. The earthquake was also felt in Nepal's capital Kathmandu, and surrou
Leslie Charleson, the renowned actress who portrayed Dr. Monica Quartermaine on General Hospital for nearly five decades, has passed away at the age of 79. The news was confirmed by the show’s executive producer, Frank Valentini, who expressed deep sorrow over her death.“It is with a heavy heart that I announce the passing of my dear friend and colleague, Leslie Charleson. Her enduring legacy has spanned nearly 50 years on General Hospital alone and, just as Monica was the heart of the Quartermaines, Leslie was a beloved matriarch of the entire cast and crew,” Valentini shared on January 12, 2025, in a statement on X (formerly Twitter).He continued, “I will miss our daily chats, her quick wit and incredible presence on set. On behalf of everyone at General Hospital, my heartfelt sy