Gopal stumbles in market debut, ends down over 12.5 per cent

Gopal Snacks, a prominent ethnic snacks manufacturer in India, made a subdued debut on the stock market, listing at Rs 351 per equity share, which is a discount of 12.5% to the issue price.

India moves up in UN development index, now ranked 134th

India has seen notable advancements in its global rankings on the United Nations Human Development Index (HDI) and the Gender Inequality Index (GII), reflecting positive strides in various socio-economic indicators.

MALDIVES SEES DROP IN INDIAN VISITORS, RAISING CONCERNS FOR ECONOMY

The Maldives tourism sector is reeling from an 80% decline in revenue due to the significant decrease in Indian arrivals, which are essential for sustaining tourism during off-peak seasons

Samsung celebrates Holi with up to 60% off smartphones, tablets & more

Samsung has announced its Holi Sale, set to commence from March 15 and extend until March 26, offering enticing deals and discounts across a range of its products.

Government trims stake in 5 public banks to comply with Sebi rule

Five public sector lenders, including Bank of Maharashtra, Indian Overseas Bank (IOB), and UCO Bank, are gearing up to reduce the government’s stake in them to less than 75 per cent to meet the Securities and Exchange Board of India’s (Sebi) minimum public shareholding (MPS) norms, revealed Financial Services Secretary Vivek Joshi. As of March 31, 2023, only four out of 12 public sector banks (PSBs) were compliant with the MPS norms, Joshi informed PTI in an interaction.

India to conduct long-delayed census and improve economic data

India's government is -poised to enhance the accuracy and relevance of its economic data, with plans including the commencement of a long-overdue population census, according to insiders familiar with the matter.

Fitch bullish on India, upgrades GDP forecasts, cautious on rate cuts

Fitch Ratings raised its economic growth forecast for India for the current fiscal year and the next, citing robust domestic demand and sustained growth in business and consumer confidence levels.

INDIAN STOCK MARKET REBOUNDS, SENSEX UP 335 POINTS, ADANI & RAIL STOCKS LEAD

Support at 46,700-46,500; breach may drive index to 46,000 amid downward pressure

On first day, more than 16,000 vehicles used Mumbai's coastal road: BMC

More than 16,000 vehicles used the coastal road between Worli and Marine Lines in Mumbai on the first day of its operation, civic officials said on Wednesday. According to numbers shared by the Brihanmumbai Municipal Corporation, Brihanmumbai (BMC), 16,331 vehicles accessed the four-lane southbound carriageway of the corridor within 12 hours after it was opened to the public on Tuesday.

Thane will be millennial & women housing destination by2025: Vihang Group director

“Thane has the potential to become one of the most preferred destinations for Women and Millennials,” says Vihang Sarnaik, Director of Vihang Group. According to Sarnaik, “Thane is strategically connected to Mumbai through railways, expressways, freeways and upcoming metros and emerges as the ideal canvas for aspirational housing.

Stone-pelting on bus after 2 groups quarrel over temple loudspeaker volume in Maharashtra

A state transport bus was allegedly pelted with stones after an altercation between members of two communities over the volume of a loudspeaker at a temple in Maharashtra’s Chhatrapati Sambhajinagar city, police said on Wednesday.

WOMAN ARRESTED FOR ALLEGEDLY MURDERING DAUGHTER OVER DISPUTE ON LOVE RELATIONSHIP

In the Kherwadi area of Bandra (East), a 40-year-old woman, Tina Umesh Bagade, was arrested on Tuesday for the alleged murder of her 19-year-old daughter, Bhumika, following a heated argument over the daughter’s romantic relationship.

SUPREME COURT COLLEGIUM ACCEPTS TRANSFER REQUESTS OF DELHI HIGH COURT'S JUSTICE V KAMESWAR RAO AND JUSTICE SANJEEV SACHDEVA; RECOMMENDED THEIR TRANSFER

The Supreme Court Collegium recommended the transfer of Delhi High Court judges, Justice V Kameswar Rao and Justice Sanjeev Sachdeva to Karnataka High Court and Madhya Pradesh High Court respectively.

DISH TV CANNOT CLAIM EXCLUSIVE RIGHT ON USE OF 'DISH' WORD, IT IS NOT ENTITLED FOR PROTECTION UNDER TRADE MARKS ACT: DELHI HIGH COURT

The Delhi High Court in the case Prasar Bharti v. Dish TV India Ltd observed and has ruled that Dish TV India Limited cannot claim exclusive right to use the word ‘Dish’ as it is generic in nature which refers to dish antenna and it will not be entitled to be protected as it is stated under Section 30(2) of the Trade Marks Act, 1999, on the standalone basis.

Adidas forecasts sales decline in North America amid Yeezy sell-off

On Wednesday, Adidas issued a cautionary note regarding a potential sales decline in its overstocked North American market in 2024, as the renowned German sportswear brand continues to navigate the aftermath of selling off its remaining Yeezy inventory.

DEWA REDUCES CARBON EMISSIONS BY 92.5 MT WITH PRODUCTION EFFICIENCY

Saeed Mohammed Al Tayer, the MD and CEO of Dubai Electricity and Water Authority (DEWA), has announced a significant milestone in enhancing the efficiency of electricity and water production.

ADIO EXPANDS ABU DHABI'S TRADE LINKS WITH WESTERN AUSTRALIA

This partnership not only aims to bolster cross-sector activities but also lemphasizes the development of supply chains, advanced manufacturing, science, innovation, technology, and environmental, social, and governance frameworks

Ema Founder: Gen AI to generate more jobs and wealth

Founder Surojit Chatterjee asserts that Ema, dubbed the ‘Universal AI employee,’ possesses the versatility to seamlessly transition between roles, from data scientist and customer service representative to specialized positions like pharmacist’s assistant, showcasing reliability and competence, ultimately becoming an organization’s top performer.

Big Tech Opposes Digital Competition Law's Ex-Ante Norms

Big Tech firms such as Google, Apple, Flipkart, Amazon, and Uber have opposed ex-ante regulation while responding to the suggestions of the expert committee on digital competition law.

Godrej locks invests in digital solutions, targets 2x growth in 3 years

Godrej Locks and Architectural Fittings and Systems (GLAFS) is aiming to achieve 2-fold growth over the next three years, as it is betting big on digital locks, a segment showing promising trends in both residential and commercial spaces, a senior company official said.

DECATHLON PLACES MAJOR EMPHASIS ON INDIA.RANKS AMONG TOP FIVE GLOBAL MARKETS

Decathlon considers India a “big priority\" market and aims to be among its top five global markets within the next five years

Property leasing by luxury brands in India jumped 170% in 2023

A recent report revealed that luxury companies leased approximately 0.60 million square feet (MSF) of real estate in India last year, marking a significant 170 percent increase compared to 2022.

BSNL installs 3,500 4G towers in 5 northern states: CMD

Bharat Sanchar Nigam Limited (BSNL), a state-run telecom company, under the leadership of Chairman and Managing Director (CMD) Pravin Kumar Purwar, has completed the installation of 3,500 base transceiver stations (BTS) to facilitate 4G services across five circles in North India. These circles encompass Punjab, Haryana, Himachal Pradesh, Uttarakhand, and Uttar Pradesh West. A BTS, typically found in the form of a tower, serves as a fixed radio transceiver in mobile networks.

Foreigners drive 77% of Indian real estate investment in 2019-23: Report

A report released on Wednesday revealed that foreign inflows made up 77 percent of the total institutional investment in Indian real estate between 2019 and 2023, indicating a sustained confidence in the sector.

INNOVATIVE VENTURES: EXPLORING INDIA'S TOP 5 CONSUMER ELECTRONICS STARTUPS

Indian Consumer Electronics is one of the fastest growing industries in India with great potential and several opportunities to offer for Indian start-ups. As per reports, Consumer Electronics market amounts to USD 71,177 million in 2022 and is expected to grow annually by 5.76%.

Feb vegetable oil imports down 13% to 9.75 lakh tonne: SEA

According to industry data released on Wednesday by the Solvent Extractors’ Association of India (SEA), India’s vegetable oils imports witnessed a notable decline of 13% year-on-year in February, amounting to nearly 9.75 lakh tonnes.

Coal Min to meet power sector's 874 MT coal demand in FY25, says Prahlad Joshi

Coal Ministry Prepared to Meet Power Sector’s 874 Million Tonnes Coal Demand in FY 2024-25, States Minister Pralhad Joshi.

Envoy Shilpak Ambule vows to attract increased investments from S'pore to India

Indian High Commission Aims to Attract Increased Investments, Emphasizes Growth in Infrastructure and Renewable Energy.

Ministry of Heavy Industries, IIT Roorkee in Rs 24.6645 cr deal for EV innovation

The Government has stepped up efforts to drive innovation in the automotive and electric vehicle sector with the Ministry of Heavy Industries (MHI) and Indian Institute of Technology, Roorkee entering into an agreement to foster mutual collaboration between the ministry and IIT Roorkee that will involve establishing a centre of excellence (CoE) and an industry accelerator to advance innovation. The total project cost of

PM MODI STEERS INDIA'S SEMICON HUB DREAM, LAYS FOUNDATION STONE FOR RS 1.25 LAKH CR PROJECTS

The facilities are expected to bring tremendous opportunities for Assam and Gujarat as well as help create a strong and significant presence for India in global value chains.