CATEGORIES

Nifty likely to inch forward to 26050

Nifty Index opened gap up by 80 points and continued holding on to higher zones. The first half of the day witnessed consolidation but was followed by a good action and the index hit a fresh all-time high of 25956 levels.

Reliance Power board approves ₹1,525 crore preferential issue

The board of Reliance Power Ltd on Monday approved raising Rs 1,525 crore through a preferential issue where promoters will pour Rs 600 crore into the company to advance its business.

Vi knocks on govt door for relief on AGR dues

Debt-ridden Vodafone Idea has approached the government for relief on Rs 70,000 crore adjusted gross revenue (AGR) dues after the Supreme Court rejected its curative petition for correction in the calculation of the statutory dues and waiver of penalty and interest thereof, a top company official said.

NCLT issues notice to SpiceJet on Techjockey Infotech's insolvency plea

The National Company Law Tribunal (NCLT) on Monday sought the response of low-cost carrier SpiceJet on a plea by Techjockey Infotech Pvt Ltd, one of its operational creditors, seeking initiation of corporate insolvency resolution proceedings against the debt-ridden airline.

Aster DM to invest ₹220 cr to set up new hosp in Hyd

The 300-bed facility will cater to the unique healthcare needs of children and women of all ages

Samvardhana Motherson raises ₹6,438 cr via QIP

Auto components maker Samvardhana Motherson International on Monday said it has raised Rs 6,438 crore via issue of securities.

Foxconn, Stellantis JV set up R&D centre for auto chips tech in India

Foxconn-backed automotive technology company SiliconAuto has set up its research and development centre in Bengaluru which will focus on semiconductor product design and system-on-chip development for the automotive sector.

NTPC Green Energy's ₹10K cr IPO likely in Nov first week

NTPC Green Energy, a subsidiary of state-owned power giant NTPC, is likely to bring its initial public offering (IPO) to raise Rs 10,000 crore in first week of November, a source said.

Proxy advisory firm InGovern raises concern over delay in Religare AGM

Proxy advisory firm InGovern has raised concern over Religare Enterprises postponing its 40th annual general meeting \"without any valid reason\" and has sought a Sebi probe into the circumstances surrounding the delay.

'Govt held roadshows in India, abroad for stake sale in Hind Zinc'

The government has conducted several roadshows in the last 15 days in financial capitals like Mumbai, London, Boston and New York to assess the market and meet investors for sale of its stake in Vedanta Group firm Hindustan Zinc Ltd.

Fin services in focus: Building a $30 tn India

The financial services sector is the backbone of any economy and is deeply intertwined with key economic indicators.

Telcos have undertaken capex of ₹4.26L cr in last 2 fiscals: Scindia

Telecom operators have undertaken capital expenditure of over Rs 4.56 lakh crore in the last two financial years from moving on to 4G and then to 5G, Union Telecom Minister Jyotiraditya Scindia said on Monday.

Samsung labour strike poses serious risk to mfg ecosystem

The labour strike at Korean electronics giant Samsung's Sriperumbudur plant in Tamil Nadu is escalating and it poses a serious risk to the manufacturing ecosystem in the region, think tank GTRI said on Monday. It said the Centre and Tamil Nadu governments need to intervene immediately in the matter.

Home loan origination volumes drop 9% in June qtr: Transunion Cibil report

Home loan originations dropped 9 per cent in the June quarter, according to a report released on Monday.

Unemployment rate remains unchanged in 2023-24 at 3.2%

Unemployment rate for persons aged 15 years and above has remained unchanged at 3.2 per cent in July 2023 to June 2024, according to the labour force survey annual report released on Monday.

Sep flash composite PMI expansion slowest in 2024

HSBC Flash India Composite Purchasing Managers' Output Index declined to a 9-month low of 59.3

93% traders in F&O continued to incur losses during FY22-24

More than 91 per cent, or 73 lakh, individual traders lost money in the Futures & Option (F&O) segment in FY24 with average net loss of Rs 1.2 lakh per person, a study conducted by markets regulator Sebi revealed on Monday.

India's biggest oil, gas bid round gets 4 bidders

Reliance-bp-ONGC bid together

Sensex closes at all-time high, Nifty above 25,900 for 1st time

BULLS CHARGE | Continued optimism over the US Fed rate cut

Police help rehabilitate mentally-challenged

Showcasing the human emotions in uniform, Vedantnagar Police helped a mentally challenged 36-year-old woman to rehabilitate in the asylum at Jatwada.

ANIS seeks inquiry of suspicious suicide

SUPERSTITION SUSPECTED - The group alleges there may be a foul play behind the death

a tribute to Swarajya - Chhatrapati Shivaji Maharaj's statue in Yeola

The Divine Shiv Srishti Project, inspired by the concept of Swarajya of Chhatrapati Shivaji Maharaj, is set to bring the entire history of Maharaj's reign and vision of self-rule to life. State Minister for Food, Civil Supplies and Consumer Protection Chhagan Bhujbal announced that the first phase of the project will be inaugurated on Oct 2, 2024.

4,975 TRIBAL VILLAGES TO BE TRANSFORMED

The Central Government has given the green signal to the Pradhan Mantri Janjati Unnat Gram Abhiyaan for the all-round development of the tribals living in remote and extremely remote areas.

Cabinet should decide on Maratha quota: Sambhaji

RESERVATION - The former MP was speaking to reporters at Antarwali Sarati, in Jalna district, after meeting Manoj Jarange

Start-up schemes are helping women

\"Women entrepreneurs are being promoted by implementing several startup schemes including Maharashtra Protsahan Yojana and SIDBI financial assistance,\" Joint Director (Industries) BT Yashwante mentioned.

Ajit Pawar inspects metro progress

Dy CM Ajit Pawar reviewed the progress of the Hinjewadi to Shivajinagar Metro 3 project.

CR to run special trains for Diwali and Chhath

The Central Railway has announced special Diwali and Chhath festival trains from Pune to various locations including Sawantwadi Road, Nagpur, Hazrat Nizamuddin, Danapur, Gorakhpur, Jodhpur, and Dahar Ka Balaji in view of the huge demand from passengers.

Pune labour dept visits E&Y office

Officials of the Maharashtra labour department visited the Pune office of consulting firm Ernst & Young (E&Y) on Monday following the death of its employee Anna Sebastian Perayil (26) and interviewed its executives.

Vasant More's sarcastic sinkhole tweet goes viral

Former Pune Municipal Corporation (PMC) corporator Vasant More made a sarcastic post late on Sunday following an incident where a PMC truck and two two-wheelers fell into a large sinkhole that opened up at the Pune Post Office parking area in the crowded Samadhan Chowk of Budhwar Peth on Friday afternoon.

Pratapgad Fort gets protected monument status

With the state assembly elections around the corner, the government has begun announcing numerous projects and schemes before the model code of conduct is enforced.