Introduction BLS International, a global leader in visa processing and consular services, has signed a share purchase agreement to acquire a 51% stake in SLW Media, a prominent sports management company. This deal, valued at ₹8.024 million, signifies BLS’s commitment to expanding its footprint in the burgeoning sports sector, particularly in the golf industry, where ...
Introduction The Indian railway network continues to grow, enhancing connectivity across various regions. Recently, Prime Minister Narendra Modi inaugurated three new Vande Bharat trains, linking Meerut with Lucknow, Madurai with Bengaluru, and Chennai with Nagarcoil. This initiative aims to boost railway connectivity in southern states and supports the vision of a developed India by 2047. ...
In a significant development for India’s banking sector, the State Bank of India (SBI), the country’s largest public sector lender, has introduced its new Chairman, C.S. Shetty. Taking on this vital role, Shetty has shared insightful details about the bank’s future plans and strategies aimed at enhancing its performance and customer experience. Focus Areas for ...
Indian tourists not only contribute to the economies of popular destinations like the Maldives, Europe, and the United States but also play a significant role in boosting the economies of other Southeast Asian countries, with Cambodia being a notable example. A representative from the Cambodian Ministry of Tourism recently highlighted that the nation anticipates a ...
The recent release of India’s GDP data for the first quarter has sparked discussions across the nation. As of 30th June, the GDP has dipped to its lowest level in 15 months, raising concerns about the underlying reasons for this decline in economic growth. Experts have been analyzing the data to identify the factors contributing ...
Current Trends in Gold and Silver Prices In August, the prices of gold and silver moved in opposite directions on the Multi Commodity Exchange (MCX). Gold prices saw a notable increase, while silver witnessed a slight decrease. Specifically, gold prices rose by approximately 3% during the month, whereas silver faced a decline of less than ...
According to a recent report, the Unified Payment Interface (UPI) has emerged as a leader in transaction processing from April to July 2024, surpassing other alternative payment methods globally. This surge in UPI’s popularity is attributed to its growing adoption across various countries. Further enhancing the optimism surrounding UPI, Reserve Bank of India (RBI) Governor ...
The Man Company, a new-generation brand in men’s grooming, is set to join the ranks of well-established brands like Boroplus, Fair & Handsome, and Jandu. The company, owned by Helios Lifestyle, is in the final stages of negotiating the sale of its remaining stake in The Man Company. Acquisition Details Helios Lifestyle currently holds a ...
The Potential Changes in IPO Regulations Are you contemplating starting your own company and getting it listed on the stock market? Do you wish to raise funds through an Initial Public Offering (IPO)? You might have wondered about the ease of launching an IPO in India when you learn that a company with just eight ...
The Chief Economic Advisor (CEA) V. Ananth Nageswaran has delivered some encouraging news to the government, stating that despite the country’s Gross Domestic Product (GDP) growth rate dropping to a 15-month low of 6.7% in the April-June quarter of the current financial year, the Indian economy is on track to achieve a growth rate of ...