CATEGORIES

Rail Chaupal Organized at SSS Hubballi Railway Station

As part of Indian Railways' ongoing Swachhata Abhiyan 4.0, a Rail Chaupal was organized at SSS Hubballi Railway Station under the leadership of Divisional Railway Manager (DRM), Harsh Khare.

WR's Dewas Stn Undergoing Major Makeover Under The Amrit Bharat Station Scheme

The Amrit Bharat Station Scheme of Railways is proving to be a boon for the transformation of railway stations.

Barenya Senapati is New Director (Finance) at HAL

Barenya Senapati has been appointed as the Director (Finance) at Hindustan Aeronautics Limited (HAL) on Tuesday.

City Union Bank Q2 Net profit rises 1.6% to Rs 285 crore

City Union Bank posted a net profit of Rs 285.2 crore for the second quarter of FY25, reflecting a modest 1.6% increase from Rs 280.6 crore in the same period last year.

World Chefs Day observed at SRM

SRM Institute of Hotel Management at SRM Institute of Science and Technology (SRMIST), Kattankulathur, celebrated World Chefs Day recently.

Nifty likely to take support at 24350

The intensity of selling increased in the second half and the index broke 24450 zones

How PE and QIP Funding Are Reshaping the Real Estate Landscape

The Indian real estate sector witnessed significant growth in Q3 2024, driven by key funding sources such as Private Equity (PE) and Qualified Institutional Placements (QIP). This surge in deals, mergers, and acquisitions, along with increased capital market activity, has set the stage for a promising future for the sector. According to a report from Grant Thornton Bharat, the sector recorded deals worth $1.4 billion in Q3 2024, powered primarily by record QIP inflows.

Triveni Engineering enters IMFL biz

Triveni Engineering & Industries Ltd, which makes sugar and engineered-to-order turbo gearbox, has entered into Indian-Made Foreign Liquor (IMFL) business with launch of premium whisky brands in Uttar Pradesh.

Jindal Group to expand cement capacity

Jindal Group on Tuesday announced commissioning of a cement grinding unit of 1.5 million tonnes per annum (MnTPA) in Odisha, as part of its Rs 2,200 crore expansion plan.

Raj govt signs initial pact with UAE for ₹3L cr investment in RE

The Rajasthan government has signed an initial agreement with the United Arab Emirates for an investment of Rs 3 lakh crore in the field of renewable energy in the state.

That Sinking Feeling

The stock price of L&T Finance fell to a four-month low after HSBC Global Research cut its target price on the stock.

‘6 OB processing plants at various stages of installation’

The government on Tuesday said six overburden (OB) processing plants and OB to manufactured sand (M-sand) plants are currently at various stages of installation within the public sector coal and lignite undertakings.

R-Infra to invest ₹10,000 cr in defence project in Maha

Anil Ambani's flagship firm Reliance Infrastructure Ltd on Tuesday said it will invest Rs 10,000 crore over the next ten years in setting up India's largest integrated project in Ratnagiri in Maharashtra for the manufacturing of explosives, ammunition, and small arms.

US, European airlines approach Air India for developing their generative AI chatbots

Major US and European airlines have approached Air India for developing generative AI chatbots similar to that of the Indian carrier's AI.g, which currently handles around 97 per cent of customer queries it receives without the help of contact centre agents.

Bajaj Finance Jul-Sep profit rises 13% at ₹4,014 crore

Bajaj Finance Ltd (BFL) on Tuesday reported a 13 per cent increase in consolidated net profit at Rs 4,014 crore for the second quarter ended September 30, 2024.

Zomato posts ₹176 cr profit in Q2; Board OKs ₹8,500 cr fund-raise proposal

Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore in the second quarter ended on September 30, 2024.

Bengal eyeing investments in carbon black industry with EV-driven growth

West Bengal has immense growth potential in the carbon black industry as the sector is expected to witness increasing demand from the electric vehicle (EV) market and battery manufacturing, an official said on Tuesday.

BSNL on higher gear with 7 new services; innovative asset monetisation plans in works

Bharat Sanchar Nigam Ltd (BSNL) on Tuesday launched a slew of new offerings and initiatives, ranging from spam blockers to automated SIM kiosks and direct-to-device services, as the state-owned firm vowed to proactively woo subscribers and claw back market share.

Panda seeks more conglomerates to enter insurance

seamless process

Silver zooms past ₹1 lakh-mark, gold jumps ₹350 to record high

Gold price rose by Rs 350 to hit a fresh all-time high of Rs 81,000 per 10 grams while silver soared Rs 1,500 to record the Rs 1 lakh mark in the national capital on Tuesday amid a surge in demand, according to the All India Sarafa Association.

Finance ministry denies any investigation against Sebi chief Buch

The finance ministry has denied a report that claimed that Centre has given a clean chit to Sebi chief Madhabi Puri Buch, Moneycontrol reported.

Gilts recover towards close as US yields ease from highs

Prices of government bonds recovered towards the close of trade and ended marginally higher after a volatile day as the 10-year US Treasury yield eased from highs. The rise in US yields had largely offset the market's upbeat sentiment after remarks from government sources on a possible cut in borrowing, dealers said.

India's GDP growth to moderate to 7% in 2024: IMF

India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.

RBI adds 13 more entities in 'Alert List' of unauthorised forex trading platforms

The Reserve Bank on Tuesday updated the 'Alert List' of unauthorised forex trading platforms by adding 13 more entities, including TDFX and Inefex, taking the total to 88.

India well positioned to capitalise on new growth opportunities

The global economic environment may present challenges but India is well positioned to capitalise on new growth opportunities, Finance Minister Nirmala Sitharaman has said, underlining that as nations re-evaluate their supply chains, India hopes to become a key partner for many countries seeking to diversify their sources of goods and services.

F&O trading cannot be a national pastime: Sebi member

Says SME IPO practices are pretty disturbing

Sensex plunges 930 points, Nifty closes below 24,500

BEAR ATTACK | All sectoral indices end in red on FII exodus

City traders expect Diwali transactions worth ₹1.8k cr

The city markets are flourishing due to Diwali shopping and the traders are expecting transactions of around Rs1,800 crore during the festive season in the next few days.

NAAC peer team starts assessment at BAMU

The National Assessment and Accreditation Council (NAAC) Peer Team started the assessment of Dr Babasaheb Ambedkar Marathwada University (BAMU) on Tuesday. The team will assess the university until Oct 24. It is for the fifth time that the NAAC is assessing BAMU.

Youths should be aware of rights and duties: Swami

\"The facilities, education, employment and other requirements we are getting today are only due to democracy. The youths should be aware of these rights and responsibilities,\" said District Collector Dilip Swami.