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Stock market update: Nifty Pharma index  advances  0.8%

Stock market update: Nifty Pharma index advances 0.8%

Time of India8 hours ago

NEW DELHI: The Nifty Pharma index closed on a positive note on Friday.
Shares of J B Chemicals & Pharmaceuticals Ltd.(up 6.04 per cent), Abbott India Ltd.(up 1.91 per cent), Ajanta Pharma Ltd.(up 1.67 per cent), Divi's Laboratories Ltd.(up 1.53 per cent) and Granules India Ltd.(up 1.47 per cent) ended the day as top gainers in the pack.
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On the other hand, Mankind Pharma Ltd.(down 1.57 per cent), Natco Pharma Ltd.(down 0.74 per cent), Ipca Laboratories Ltd.(down 0.58 per cent), Alkem Laboratories Ltd.(down 0.18 per cent) and Glenmark Pharmaceuticals Ltd.(down 0.16 per cent) finished as the top losers of the day.
The Nifty Pharma index closed 0.8 per cent up at 21613.0.
Benchmark NSE Nifty50 index ended up 319.16 points at 25112.4, while the BSE Sensex stood up 1046.3 points at 82408.17.
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Among the 50 stocks in the Nifty index, 46 ended in the green, while 4 closed in the red.
Shares of Vodafone Idea, RattanIndia Power, Vishal Mega Mart, Suzlon Energy and YES Bank were among the most traded shares on the NSE.
Shares of Quality Power Electr, Prostarm Info System, Gallantt Metal, Gillanders Arbuthnot & Co and Indiabulls Enterprises hit their fresh 52-week highs in today's trade, while Navkar Builders, Sadhana Nitro, Lasa Supergenerics, Siemens Energy India and Chembond Chem hit their fresh 52-week lows.

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Robotaxi launch: Event date, place, time and all news about Tesla's new autonomous vehicle
Robotaxi launch: Event date, place, time and all news about Tesla's new autonomous vehicle

Time of India

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  • Time of India

Robotaxi launch: Event date, place, time and all news about Tesla's new autonomous vehicle

Elon Musk 's dream of a robotaxi is coming true, but it hasn't been easy. Tesla 's robotaxi service is finally going to launch in Austin, Texas, after months of delays and problems. Here's when it will happen, why it's important, and what you can expect. Why is this launch so significant for Tesla and its future? Tesla's robotaxi service wants to change the way people get around, starting with a small rollout and possibly spreading across the country. If it works, it could change the self-driving car market and Tesla's future in a big way. Following three consecutive sessions of gains, Tesla (TSLA) shares are up Wednesday as a result of new social media posts from CEO Elon Musk. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dhoni's Exclusive Home Interior Choice? HomeLane Get Quote Undo What is the confirmed launch date and where will it happen? When a user inquired about the start date of Tesla's robotaxi program on Tuesday night, Musk replied that it would happen "tentatively, June 22,' as per a report by Investopedia. 'We are being super paranoid about safety, so the date could shift," Musk wrote in a tweet. He added that the first Tesla that will drive itself from the factory directly to a customer's door should be delivered about a week later, on June 28, as per a report. Live Events ALSO READ: Jennifer Garner may soon join Hollywood's billionaire club — here's how she's doing it While Musk had previously stated that the program was on track to launch sometime this month, Bloomberg reported last month that Tesla was aiming for a June 12 launch for the autonomous ridesharing service. The Tesla X account responded to another user who shared a video of what looked to be a Tesla being tested on Austin, Texas, roads without a driver in the driver's seat and posted a robot and car emoji in its own post, which was made hours before Musk's. The vehicle test confirms that "a key component of our TSLA thesis has officially begun playing out," according to a Tuesday report by Piper Sandler analysts, who have a $400 price target. Although specifics regarding the possible launch have not yet been made public, Elon Musk has stated that Tesla's plans for a more reasonably priced Tesla model are also on track to launch this month. What challenges is Tesla facing? Elon Musk has provided explanations for why it might not launch this week. While Waymo is formally in the "deployment" phase of autonomous driving operations in the city, the company is listed as being in the "testing" phase. Garrett Nelson, a CFRA analyst, predicts that Tesla's unsupervised robotaxi service launch will be largely unimpressive and will not have the same fanfare as last October's Robotaxi Day. What will the first robotaxi service in Austin be like? Initially, the company will observe about a dozen driverless Model Y cars using Full Self-Driving technology in a geofenced area of Austin, Texas, under remote performance supervision. The most crucial metrics will be how many incidents and interventions the cars record over the next few months, as well as how fast TSLA can turn off remote supervision and enter new markets outside of the geofenced area. Are there any delays or hurdles holding the robotaxi back? Elon Musk's announcement of the Austin trial last month sparked a stir among Tesla bulls who have been eager for robotaxis to go on the road. Even though the dream is still alive, investors are likely to face more obstacles in the future due to the recent detours. There will be more turbulence for the robotaxi rollout due to the unsettling developments of late. Elon Musk chose Texas because it is his home state and has far more lenient laws governing autonomous vehicles (AVs) than California. But lawmakers in Texas have sent a dismal message just days before the start of the process. An Austin-based organization advised Tesla to wait until September 1, when the new AV regulations go into effect. Safety checks and more precise compliance guidelines are part of the new regulations. According to reports, seven Texas lawmakers have signed the hold-off on the rollout. FAQs When and where will the Tesla robotaxi be launched? The launch date is tentatively scheduled for June 22 in Austin, Texas. Will robotaxis be available anywhere? Not yet, it will begin with a small area in Austin, with plans to expand later.

IIT-K improves in QS World Univ rankings
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IIT-K improves in QS World Univ rankings

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UP leads with 42% of country's access-controlled e-way network
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Time of India

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1 2 3 4 Lucknow: After the inauguration of the 91-km long Gorakhpur Link Expressway on Friday, Uttar Pradesh now accounts for 42% of the country's total access-controlled expressway network, up from 38%. Once the under-construction 594km long Ganga Expressway from Meerut to Prayagraj is inaugurated, UP will be able to boast of having 62% of the country's access-controlled expressway network, a govt spokesperson said. "There are other expressways that are under construction in the state and the govt has approved several new ones as well," he said. Chief secretary Manoj Kumar Singh said that out of 2,900km of access-controlled expressways across the country, UP alone has access-controlled expressways spanning 1,200km. "The construction of Gorakhpur Link Expressway not only crossed geographical barriers but is also set to transform the socio-economic landscape of Purvanchal. Total Rs 7,200 crore was spent on its to build, with Rs 3,400 crore spent on its construction and the remaining amount was allocated for land acquisition and other expenses. For this, 1,100 hectares of land were acquired from 22,000 farmers," he said. Gorakhpur Link Expressway is the seventh expressway in UP. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Apart from this, three are under construction and eight are proposed. Those under construction are the 594-km long Ganga Expressway, the 35-km long Ballia Link Expressway, and the 63-km long Lucknow-Kanpur Greenfield Expressway. Other major projects include Chitrakoot Link Expressway, which will connect the Agra-Lucknow Expressway to Purvanchal Expressway and the Bundelkhand Expressway via Farrukhabad, and a link expressway connecting the Ganga Expressway and Jewar Airport Link Expressway.

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