Are you planning to buy a new car this festive season but are on the lookout for discounts? You don’t need to worry! You can avail up to a 3% discount on a new car, provided you adhere to a condition set by Union Minister Nitin Gadkari. Major commercial and passenger vehicle manufacturers are offering ...
In recent developments, the Indian government has approved the implementation of the UPS (Uttar Pradesh State Pension Scheme) for central government employees. This initiative has led to a decline in the demand for the OPS (Old Pension Scheme), as many are now gravitating towards the newly introduced scheme. If you find yourself confused about the ...
One of India’s leading telecom companies, Airtel, led by Sunil Bharti Mittal, is set to discontinue one of its business ventures. Yes, you heard it right. Reports indicate that Bharti Airtel plans to exit the music segment and will be shutting down its Wink Music app. According to the information provided, the company intends to ...
The Securities and Exchange Board of India (SEBI) has imposed a two-year ban on Rana Sugars, along with its promoters and officials, from participating in the securities market. This decision follows a recent ban on industrialist Anil Ambani from the market as well. In addition to the ban, the board has levied a hefty penalty ...
In a notable development in the Indian stock market, TPG, a prominent asset management firm, recently executed a transaction to divest a 3% stake in Tata Technologies for a staggering ₹1,230 crore. This transaction occurred through open market dealings and underscores TPG’s strategic move to recalibrate its investment portfolio in the technology sector. Details of ...
The landscape of road construction companies in India is on the brink of transformation. With the upcoming fiscal year set to witness a significant shift in the growth trajectory of these firms, the national highway sector is brimming with opportunities, albeit amidst challenges. Current Financial Projections According to recent reports, especially from the rating agency ...
In recent years, India has been facing challenges in rice production and export. However, the current trends indicate a positive shift. The government imposed a ban on rice exports last year to maintain affordable prices domestically, due to a decline in production. This ban had significant repercussions in international markets, particularly in the United States ...
The Indian coal sector has shown remarkable performance in recent months, contributing significantly to the national economy. Over the past four months, from April to July, the Modi government has garnered a staggering ₹20,071.96 crores from coal sales. This marks a 2.06% increase compared to the same period last year when the contribution was ₹19,666.04 ...
The Prime Minister’s Jan Dhan Yojana (PMJDY) was initiated nearly ten years ago with a noble goal: to provide every citizen with access to essential banking and financial services. From the moment the Modi government took office, a comprehensive plan was set in motion to ensure that even the poorest individuals could access banking facilities ...
Introduction Pioneer in solar cell and module manufacturing, Premier Energies, recently launched its Initial Public Offering (IPO), which garnered overwhelming interest on its first day, receiving a subscription of 2.1 times. This enthusiasm from investors reflected a growing interest in renewable energy investments, especially in the Indian market, where solar energy is rapidly gaining traction. ...