FINANCIAL SERVICES FIRM MONARCH NETWORTH CAPITAL ANNOUNCES RS 300 CRORE FUND RAISE

Monarch Networth Capital, an integrated financial services firm listed on exchanges, announced fundraising and issued bonus shares following a board meeting on Sunday.

UltraTech Cement to acquire majority stake in India Cements

Ultra Tech Cement’s Board of Directors has approved the purchase of 32.72 per cent equity stake of the promoters and their associates in India Cements, the Aditya Birla Group-owned cement company informed stock exchanges on Sunday.

BUDGET ALLOCATION FOR TRIBAL DEVELOPMENT INCREASED BY 200 PC: MINISTER

The government has increased the allocation for the development of tribal communities by nearly 200 per cent with an allocation of Rs 13,000 crores, said the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal.

Piyush Goyal highlights fiscal responsibility in Union Budget 2024

Union Minister for Commerce and Industry, Piyush Goyal, shared his insights on the Union Budget 2024 at an event in Mumbai on Sunday.

Govt to implement e-Office in Subordinate offices and autonomous bodies

As part of its DARPG’s 100-day agenda, the government will implement e-Office in all attached, subordinate offices, and autonomous bodies of the Government of India, the Ministry of Personnel, Public Grievances, and Pensions said in an official release on Sunday.

Need to find solution for longpending mandated issues of WTO: Commerce Secretary

While participating in the 14th BRICS Trade Ministers’ Meeting, Commerce Secretary Sunil Barthwal emphasised the need for strengthening the multilateral trading system with the WTO, the Ministry of Commerce and Industry said in an official release on Sunday.

REC net profit grows 16 pc, return on net worth up by 19 pc in Q1 FY25

The Ministry of Powerowned REC Limited has posted a net profit of Rs 3,442 crore, an increase of 16 per cent in the first quarter of the financial year 2025 from the same period last year.

INDIA ACTIVELY TAKING STEPS TO BECOME GLOBAL MANUFACTURING CENTRE

India has maintained its fastest economic growth and is actively taking steps to become a global manufacturing centre, according to the global financial services firm Lazard

ADANI ENERGY POSTS 47% REVENUE GROWTH IN Q1 FY25

Adani Energy Solutions has reported a 47 per cent yearly rise in its consolidated revenue from operations in the April-June quarter.

Complimentary Wi-Fi on global flights: Vistara

Vistara Airlines announced on Saturday that it now offers 20 minutes of complimentary Wi-Fi internet connectivity on its international flights.

SUSTAINABLE ENERGY ACROSS GUJARAT INSPIRED BY JAPANESE GREEN TECH

Sustainable energy transforms nature’s power into progress, ensuring a healthier planet for future generations.

Delhi HC orders CBI inquiry into litigant's misuse of PILS

The Delhi High Court has directed the Central Bureau of Investigation (CBI) to conduct an inquiry into a litigant who repeatedly filed petitions, including Public Interest Litigations (PILs), alleging unauthorized constructions, some of which were never listed in court.

DELHI HC CRITICIZES RPF FOR DENYING GOVT JOBS TO WOMEN

The Delhi High Court has ruled that pregnancy is not an illness or disability and cannot be used as grounds to deny government employment to women.

Phone farms and modern-day exploitation

The rise of the smartphone has undeniably transformed our world.

Indigo's revenue jumps by 17.3 per cent Q1 FY25

Indigo’s revenue from operations during the April-June quarter rose 17.3 per cent to Rs 19,571 crore, the airline’s earnings data released on Friday showed.

HYBRID AND CNG VEHICLES WILL SELL MORE IN THE MEDIUM TERM

The hybrid vehicles in India including CNG and other alternative vehicles will be more successful in the medium term as compared to the electric vehicles, highlights a report by UBS, an investment banking firm.

June CPI for rural labourers surges again

The consumer price inflation (CPI) for agricultural labourers and rural labourers has surged to 7.02 per cent and 7.04 per cent year-on-year respectively in June 2024, as per latest data from the Union Ministry of Labour and Employment.

Union Budget committed to maintain economic stability: Report

The Centre’s decision to maintain its Capital Expenditure growth is poised to account for 23 per cent of total government spending and 3.4 per cent of the GDP, signaling a robust drive towards infrastructure development and economic expansion, according to the Jefferies Greed and Fear report.

SUDARSHAN CHEMICALS: STRONG Q4FY24 RESULTS

Sudarshan Chemicals posted Q4FY24 financial results with a total income of Rs 764 crores compared to Rs 691 crores for the same period of last year.

India marked 1.4 lakh registered startups; UP ahead of Gujarat

Karnataka is second with 15,019 registered startups, followed by Delhi with 14,734 startups. Uttar Pradesh has secured the fourth place

FPI drops to Rs 2,916 crore on back of high valuations

Net investments by Foreign Portfolio Investors (FPIs) in the Indian equity market declined to Rs 2,916 crore for the week ending July 26, due to investor selling amid budget uncertainty.

Mallya barred from trading in Indian securities for 3 years by SEBI

Financial market regulator SEBI has barred fugitive businessman Vijay Mallya from accessing the securities markets for three years, with immediate effect, on charges that he masked his identity and traded in Indian securities.

REC reports robust Q1FY25 results

REC Ltd. has announced a significant growth in its financial performance for the first quarter of the fiscal year 2024-25, reporting a consolidated net profit of Rs 3,460.19 crore, marking a 16.57% increase from Rs 2,968.05 crore in the same period last year.

NITI AAYOG MEET: PM STRESSES ON NEED FOR VIKSIT BHARAT

Prime Minister Narendra Modi emphasised the pivotal role of technological advancements and geopolitical changes at the 9th Governing Council meeting of NITI Aayog held on Saturday.

CM Shinde calls for stricter laws against milk adulteration

Maharashtra Chief Minister Eknath Shinde has called for the implementation of a separate and stringent law to combat the adulteration of milk and dairy products.

Mass relocation as Panchaganga river floods

Over 2,000 people have been relocated due to severe flooding caused by the Panchaganga river exceeding the danger mark in Kolhapur district, western Maharashtra, officials reported on Friday.

Congress forms strategic panels for Maharashtra assembly polls

In preparation for the upcoming Maharashtra assembly elections in October, the All India Congress Committee (AICC) has formed strategic panels for Mumbai and Maharashtra.

Mumbai University postpones all exams in Raigad, Ratnagiri amid heavy rain alert

Mumbai University has postponed all the exams in the Raigad and Ratnagiri districts due to heavy rain alerts issued by the India Meteorological Department on Friday.

Shiv Sena Shinde to speak with Raj Thackeray, not contest independently

MNS President Raj Thackeray has announced that he will contest the upcoming assembly elections independently.

DECISION BY CM SHINDE OPPOSED BY AJIT PAWAR'S MLAS

Chief Minister Eknath Shinde has decided to establish Onion Mahabanks in the state, with locations planned for Nashik, Chhatrapati Sambhajinagar, and Solapur in Maharashtra.