Tata Motors share price zooms toward Rs 100 mark, gains 20% in trade today

In Thursday’s trade report, Tata Motors was the biggest gainer on the Nifty. Its UK arm Jaguar Land Rover has restored three-quarters of its budgetary production in China. Tata Motors’ share price on BSE rose 20% to Rs 93.75 from its previous close of Rs 78.15. The stock has gained 25.56% in four days. Tata Motors shares opened up 10% at Rs 85.95 today. It closed up 19.13% at Rs 93.10 on the BSE. The stock on the Nifty rose 19.96% to close at Rs 93.75.

Large cap stocks are above the 5-day and 20-day moving averages, but less than the 50-day, 100-day and 200-day moving averages. The market capitalization of Tata Motors increased to Rs 33,492 crore in today’s business.

A total of 77.19 lakh shares of the firm changed hands with a turnover of Rs 69.12 crore on BSE.

The stock has dropped 56.54% in the last one year and 49.7% since the beginning of this year. However, it has increased by 36% in the last one month.

The BSE Auto Index also lost 5.96% or 750 points to close at 13,349 today. The Nifty Auto Index rose 6.45% or 357 points to 5,901 points in today’s trading.

According to a news report in Mint, the Cheng Jaguar Land Rover Automotive Company Limited or CJLR’s manufacturing plant in Chengshu, which gradually began operating from the third week of February, has expanded its production capacity to 75% pre-Kovid-19 levels. Has been restored.

CJLR is a 50:50 joint venture between China’s Chery Automobile Company Limited and Tata Motors subsidiary JLR. JLR also exports cars to China.

JLR plans to gradually start production at other plants from 18 May, with its Solihull (UK) plant and other facilities in Slovakia and Austria.

In a related development, the Indian auto firm plans to issue Rs 1,000 crore of non-convertible debentures (NCDs). Tata Motors said that NCDs would be issued in three installments and a special committee of the company’s board would be convened on 5 May.

Is remdesivir effective in coronavirus treatment

The effectiveness of the antiviral drug Remedivivir in the treatment of coronovirus has become a bone of contention with contrary claims coming from the US and China.

US government official Anthony Fauci has fasted for remediesvir after clinical trials in the US, which found that patients who were given remediesvir recovered 31 percent faster than those given placebo.

Fauci said while speaking at the White House, data from a clinical trial suggest that Remedisvir has a clear, significant, positive effect on reducing time. Drugmaker Gilead claimed that there were indications that Remedisvir might be useful, possibly in patients with a milk version of the disease.

However, a study in China seems to suggest otherwise. The medical journal Lancet reported that a study by Sino-Japan Friendship Hospital and Capital Medical University found that Remedisvir did not accelerate the recovery of COVID-19 patients. The study was conducted from 237 adult patients – 18 years of age and 10 from Wuhan hospitals.

The study claimed that Remedisvir medication did not have a statistically significant clinical benefit and showed similar results to a placebo. The report further noted that about 66 percent of patients reported adverse events including gastrointestinal symptoms such as nausea and vomiting, and cardiopulmonary failure after taking the drug.

“Unfortunately, our trial found that after being safe and adequately tolerated, Remedisvir did not offer significant benefits over placebo,” said Professor Bin Cao of China-Japan Friendship Hospital and Capital Medical University.

The study in China conducted the first randomized controlled trial of Remedisvir. Researchers warned that the interpretation of their findings was limited because the study was halted early due to a steep drop in cases in China, making them unable to recruit more patients.

Cao said, “This is not the result that we expect, but rather we are looking at the fact that we were able to enroll only 237 of the target 453 patients, because the COUID-19 outbreak was under control in Wuhan.” Was. ”

“What’s more, most patients were enrolled later in the disease course as a result of the restriction on bed availability, so we were unable to adequately assess whether earlier treatment with Remedisvir provided clinical benefit. Has done, “Cao explained.

The researchers concluded that more evidence is needed to better understand the meaningful clinical benefit of Remedisvir.

All patients in the trial received standard care including lopinavir / ritonavir, interferon, and corticosteroids. Remedisvir is designed to interfere with the virus’s way of reproduction, preventing it from multiplying inside the body.

Researchers noted that future studies need to determine whether pre-treatment, high doses, or neutralizing antibodies in combination with other antivirals or SARS-CoV-2 are more effective in people with severe disease. Can.

LG Velvet live images leak

This year LG has retreated to its old ways for the launch of Velvet, which means it has already discontinued the device several times. The final official unveiling is set for May 7, while the release should arrive on May 15, and in the meantime, some blurry live images of the handset have leaked out of Korea.

We can take a look at the Aurora White and Aurora Gray color versions as well as the insides – as the souls that occupy these units have decided to take off the back glass and see the wireless charging coil and battery that sits below it is. . We also get to see logic boards and three rear cameras from inside.

The LG Velvet will have a 48 MP main rear camera, 8 MP Ultravide and 5 MP depth sensor. It will be powered by Snapdragon 765G chipset. The screen is 6.8 “by 20.5: 9 panels, while the battery has a 4,300 mAh capacity.

Indian football legend and former captain Chuni Goswami dies aged 82

Aurum India football captain Chunni Goswami, who led India to the 1962 Asian Games gold, died in Kolkata after a long illness.

Chuni Goswami was the most successful Indian football captain ever and under his captaincy, India won a gold medal in the 1962 Asian Games, finished runners-up in the 1964 Asian Cup, and six months later Mardana lost to Burma in football.

The iconic player, who also played first-class cricket for Bengal, was 82 years old and breathed his last in a hospital here. He is survived by his wife Basanti and son Sudipto.

“He suffered a cardiac arrest and died in the hospital at around 5 pm,” a family source told PTI.

Goswami suffered from underlying ailments, including sugar, prostate, and nerve problems.

Goswami played 50 matches for India from 1956 to 1964 as a footballer. As a cricketer, he represented Bengal in 46 first class games between 1962 and 1973.

Born on 15 January 1938 in Kishoreganj district of undivided Bengal (now Bangladesh), Subimal (Chuni) Goswami started his professional career in 1954 as a junior player with local stalwart Mohan Bagan FC. In college, he captained the Calcutta University teams in both football and cricket.

How birthday boy Rohit Sharma helped Mumbai Indians boss IPL

Mumbai is the most successful Indian Premier League (IPL) franchise in the 12-year history of the Indian League. However, MI suffered some heartbreak in 2013 before tasting success for the first time.

In 2010, Mumbai Indians came close to winning the IPL title, but lost in the final to MS Dhoni-led Chennai Super Kings. In 2011 and 2012, MI continued their good run by reaching the play-offs, but the final berth ruled them out despite their star-studded line-up in both seasons.

However, 2013 was a different story altogether. While Ricky Ponting took over as captain before the season, he stepped out of the role during the season to make sure the team got his balance right. Along with the coaching staff Anil Kumble, Rohit Sharma took over as captain and made a winning debut against Kolkata Knight Riders.
Under the guidance of the likes of Anil Kumble, Ricky Ponting and Sachin Tendulkar, Rohit Sharma had a good opportunity to prepare himself as a captain and held it with both hands.

Rohit could not take the rigorous test in his first IPL final as captain. Mumbai Indians were facing their famous Chennai Super Kings, against whom MI had already lost a final and an eliminator last year.

Despite the collective batting failure, it was Kirron Pollard who scored 60 runs off 32 balls to take Mumbai Indians to a total score of 148.

In the second half, Rohit came under pressure as he marshaled his troops to limit them to 125. Lasith Malinga and Mitchell Johnson went through the CSK top order, after which a brilliant effort from MS Dhoni (45 off 63) went in vain.

In 2013, Mumbai Indians’ first title came as a relief to the franchise which finally managed to click on the big day. It was Rohit in his first year as IPL captain, which showed what was to come in the coming years – the captaincy masterclass in the T20 league.

“It was a big challenge for me. The moment the captaincy came to me, I was ready. I thank everyone who believed that I could work. It’s another thing to lift the trophy, but it’s a learning curve for me. Thea and I were really great. ” Enjoyed a lot, ”Rohit Sharma said after the IPL 2013 final.

Title Number 2: Magical Reversal, Owner of CSK

Cut for 2015, Rohit Sharma faced a different challenge this time as Mumbai Indians got off to a terrible start, losing 5 of their 6 matches in the season. When the situation looked grim for MI, the Rohit men battled against the odds and shocked the cricket fraternity by winning the league.

Mumbai Indians entered the play-offs by finishing fourth in the points table and entering the final against their arch-rivals Chennai Super Kings. Notably, Rohit’s men qualified for the final by beating CSK in the qualifier.

Unlike 2013, the final was unilateral. Captain Rohit made a star act by scoring 50 off 26 balls, when Lendl Simmons hit a quick 68-run knock. MI scored 202 runs. He outscored CSK to a score of 161 and won his second IPL title.

If the first IPL title was about ending the drought, Rohit proved that Mumbai Indians and he would not give up without a struggle.

“We played like true champions. Mumbai Indians have shown great character. It was a matter of putting everything on the field and I couldn’t ask for anything better. It was important that we got some momentum, it didn’t happen. In the beginning But the change was very good, ”Rohit said after the IPL 2015 victory.

Title number 3: Rohit Sharma surpassed Steve Smith in thriller

Mumbai Indians became the IPL’s most successful team for the first time in 2017. Rohit this time conspired against Steve Smith, who now led the defending Rising Pune Supergiant in the final.

It was once again a test of the character of the Mumbai Indians as they scored 129 runs on a sluggish wicket from Hyderabad despite Krunal Pandya’s innings of 47 runs. But it was enough for Rohit who handled his bowling attack with great clarity. Lasith Malinga was wicket-keeping but he scored only 21 runs and Mitchell Johnson and Jaspreet Bumrah starred by sharing 5 wickets between the two.

Rising Pune Supergiant batted for 20 overs, but they were only 128, 1 less successful than Mumbai Indians in the last over being a thriller. Mumbai Indians win.

Rohit Sharma said, “This match will be special for us because of the way we fought.” This was a specialty Mumbai had developed under Rohit and it was paying him rich dividends.