Bengaluru: Nandini, a trusted name in Karnataka, is expanding its product range with the introduction of 'Ready to Cook' dosa and idli flour, now available in the city. Chief Minister Siddaramaiah unveiled these protein-based Nandini idli and dosa flour packets on Wednesday, marking the brand's long-awaited entry into this new market segment. At a special event held at Home Office Krishna, Siddaramaiah shared his excitement about the launch, stating that this new addition to Nandini's offerings...Read More
Mumbai, Dec 26 (VOICE) The overall sales value of housing units saw a 16 per cent yearly jump in 2024 - from approximately Rs 4.88 lakh crore in 2023 to about Rs 5.68 lakh crore this year, according to a report on Thursday.The housing sales in the top seven cities stood at nearly 4,59,650 units in 2024, against 4,76,530 units in 2023, according to the rpeort by Anarock Group. Mumbai Metropolitan Region (MMR) witnessed the highest sales of nearly 1,55,335 units in 2024, registering a 1 per cent ...Read More
NEW DELHI: One Mobikwik Systems(Rs. 2584.16 crore), Intellect Design(Rs. 1065.62 crore), Mazagon Dock Ship(Rs. 891.02 crore), Amber Enterprises(Rs. 702.79 crore), KFIN Technologies(Rs. 561.63 crore), GIC(Rs. 509.82 crore), Manappuram Finance(Rs. 431.00 crore), Greaves Cotton(Rs. 285.52 crore), Tata Motors(Rs. 271.16 crore) and BSE(Rs. 260.62 crore) were among the most traded securities on the National Stock Exchange at 11:10AM in Thursday's session. The NSE Nifty index traded 14.15 points up at...Read More
New Delhi, Dec 26 (PTI) The Metropolitan Stock Exchange of India (MSE) is set to raise Rs 238 crore from four entities including Billionbrains Garage Ventures, Groww's parent, and Zerodha's Rainmatter Investments in a bid to stay afloat. Others who invested in MSEI are -- BSE-listed Share India Securities, and Securocorp Securities India. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 26, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lotter...Read More
New Delhi, Dec 26 (PTI) Housing sales are estimated to fall 4 per cent this year in seven major cities to nearly 4.6 lakh units on lower launches, while sales in value terms are up 16 per cent to ₹5.68 lakh crore, according to Anarock. Average housing prices grew 21 per cent this year across the seven major cities on rising rates of land, labour and some building raw materials. Anarock, which is one of the leading housing brokerage firms in India, attributed the fall in sales volumes during 20...Read More
HYDERABAD: The state government, which aims to add 20,000 MW of Renewable Energy capacity by 2030, has convened a meeting of stakeholders from across the country on January 3 to discuss the formulation of a new Clean and Green Energy Policy. Deputy Chief Minister Mallu Bhatti Vikramarka said in a statement on Wednesday that the convention will be held at the Hyderabad International Convention Centre (HICC). All important stakeholders from across the country will participate in the convention, h...Read More
New Delhi, Dec 26 (PTI) The Metropolitan Stock Exchange of India (MSE) is set to raise Rs 238 crore from four entities including Billionbrains Garage Ventures, Groww's parent, and Zerodha's Rainmatter Investments in a bid to stay afloat. Others who invested in MSEI are -- BSE-listed Share India Securities, and Securocorp Securities India. The exchange's board in its meeting on Tuesday approved the issuance of 1.19 billion equity shares at Rs 2 per share, comprising Rs 1 face value and Rs 1 pre...Read More
New Delhi [India], December 26 (ANI): India's real estate sector experienced a significant surge in demand in November 2024, with a decline in new property launches according to a report by Nuvama. The report highlighted a sharp divergence between demand and supply trends, driven by a growing preference for premium properties across the country. "Demand surges; launches fall.... The ongoing premiumisation trend in India's property space implies that volume-value trends have diverged sharply" s...Read More
Hubbali (Karnataka) [India], December 26 (ANI): In a tragic development, one of the Ayyappa Maladharis (devotees of Lord Ayyappa), injured in a fire incident in Hubbali on December 23, succumbed to his injuries on Thursday morning. Several Ayyappa devotees were injured in the incident that occurred reportedly due to a gas leak. Also Read | Telangana TS TET Hall Ticket 2024 Releasing Today, Know Steps to Download Admit Card At tgtet2024.aptonline.in. The remaining seven victims continue to rec...Read More
Mumbai: Fire engulfed a moving Lamborghini sports car on the Coastal Road in Mumbai on Wednesday night, confirmed officials. No injuries were reported in the incident which was reported at around 10.20 pm. A team of fire brigade official reached the spot and doused the flames in about 45 minutes. The car, Lamborghini Huracán is a sports car and is considered a supercar. It has a top speed of over 202 mph. Taking to X (formerly Twitter), Chairman and Managing Director of Raymond, Gautam Singhan...Read More
Patna: The two-day event Bihar Business Connect-2024, providing a platform to explore the scope of investment in the state, would begin on December 19. Officials said representatives of around 80 top companies and 1,200 investors are expected to participate in the event. About 5,000 investors are also expected to join either virtually or physically, they said. Giving details of the event, industry minister Nitish Mishra said on Tuesday that the two-day event, beginning on December 19, would pr...Read More
NEW DELHI (Reuters) - India's sugar mills can easily export up to 2 million metric tons of the sweetener this season as domestic supply prospects improve and local prices show a downward trend, the head of a leading industry body said on Wednesday. "The supply situation looks better than initially expected, which is why the government should allow mills to export at least a million or a couple of million tons of sugar," Deepak Ballani, director general of the Indian Sugar Mills Association, tol...Read More
Mumbai, Dec 18 (PTI) Cochin Shipyard Limited's wholly-owned subsidiary Udupi-Cochin Shipyard on Wednesday announced the launch of the Series of Six 3800 TDW general cargo vessels being built for Norway's Wilson ASA. The vessel was launched by Martine Aamdal Bottheim, Minister Counsellor and Deputy Head of Mission at the Royal Norwegian Embassy, along with Wilson ASA Chief Financial Officer Einar Tornes and Cochin Shipyard's Chairman and MD Madhu S Nair, Cochin Shipyard Ltd said. Constructed as...Read More
New Delhi, Dec 18 (PTI) Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day losing run, silver climbed Rs 500 to Rs 92,000 per kg on Wednesday. It closed at Rs 91,500 per kg on Tuesday. In the last three sessions, the white metal plunged Rs 5,500 p...Read More
Shares of NMDC, steel stocks faced selling pressure on December 18 as the Siddaramaiah-led Karnataka government tabled a bill to tax mines and mining land. NMDC, JSW Steel, Tata Steel, SAIL stocks were trading in red, with NMDC stock bearing the brunt of the fall by falling 5% as CNBC-TV18 reported that the Karnataka government might hike duty on iron ore. At 12:30 pm on December 18, NMDC shares were trading 6% lower at Rs 213.49 apiece, the biggest fall in 18 weeks. Karnataka is an important ...Read More
Ghazal Alagh, aged 36 and the co-founder of Mamaearth brand, has been recognized as the youngest self-made woman entrepreneur in the recently released IDFC FIRST Private & Hurun India's Top 200 self-made entrepreneurs of the Millennia 2024 list. Her company, Mamaearth (under the parent company Honasa Consumer), achieved a remarkable valuation of Rs 15,500 crore, reflecting a 55% growth year-on-year. The list highlights Alagh's outstanding positioning in the Indian beauty and wellness sector, w...Read More
New Delhi [India], December 18 (ANI): The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday. During the same period last year, the gross tax collections were to the tune of Rs 15.96 lakh crore. Coming to net direct tax collection, it rose 16.45 per cent to Rs 15.82 lakh crore from Rs 13.59 lakh crore mopped up during the year-ago peri...Read More
VMPL New Delhi [India], December 18: Five months after the launch of the "Go Green with Taiwan" project by Taiwan International Trade Administration (TITA) and Taiwan External Trade Development Council (TAITRA), and after receiving a total of 396 proposals from 45 countries around the world, the most exciting part is finally here. On December 9, 2024, the Top 5 finalists went on an all-expense paid trip to Taiwan where they presented their entries and convinced a distinguished panel of experts...Read More
Dibrugarh: In an intensified effort to curb unauthorised liquor sales and drink-driving ahead of the festive season, Dibrugarh district authorities conducted surprise raids on multiple roadside restaurants and dhabas in Naharkatia town on Wednesday. The operation resulted in the week-long closure of a local restaurant found violating excise regulations. Led by executive magistrate Mary V Ralsun, the enforcement team targeted several eateries following public complaints about illegal liquor sale...Read More
Mumbai, Dec 18 (PTI) Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Besides, investor sentiment remained subdued ahead of the outcome of the US Federal Reserve's policy meeting, scheduled for Wednesday, traders said. The 30-share BSE benchmark tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day...Read More
Indore (Madhya Pradesh) [India], December 18 (ANI): Madhya Pradesh Congress workers, led by state party president Jitu Patwari, staged a protest over farmers' issues in Indore district on Wednesday. The Congress chief accused the Bharatiya Janata Party (BJP) of being the enemy of the nation's farmers, stating that if there was any anti-farmer ideology, it belonged to the BJP. Farmers had gathered at Devi Ahilya Bai Sabji Mandi on Wednesday morning to protest, and Congress chief Patwari joined ...Read More
New Delhi, Dec 18 (PTI) Net direct tax collection grew 16.45 per cent year-on-year to over Rs 15.82 lakh crore till December 17 this fiscal, buoyed by higher advance tax mop-up, government data showed. Advance tax collection during the period rose 21 per cent to Rs 7.56 lakh crore. The collection includes corporate tax of over Rs 7.42 lakh crore and non-corporate tax mop-up of Rs 7.97 lakh crore. Securities Transaction Tax (STT) of Rs 40,114 crore was collected between April 1-December 17 of ...Read More
Hyderabad, Dec 18 (PTI) Rashtrapati Nilayam in Secunderabad, one of the Presidential Retreats, will host a 15-day Flower and Horticulture Festival, 'Udyan Utsav', from December 29. President Droupadi Murmu, who arrived in Telangana on December 17 for a five-day visit, reviewed preparations for Udyan Utsav and the amenities for visitors on Wednesday. She inaugurated an eatery by Mitti Café and a souvenir shop at the Visitor Facilitation Centre of Rashtrapati Nilayam, according to an official re...Read More
Mumbai: Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. The 30-share BSE benchmark Sensex tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day. During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. The NSE Nifty declined 137.15 points or 0.56 per cent to 24,198.85. "The near-term...Read More
New Delhi, Dec 18 (PTI) Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap. Mauritius-based IndusInd International Holdings Ltd (IIHL), the parent entity of IndusInd Bank, won the bid to acquire RCAP and entities under it. Also Read | Cancer Vaccine Ready for Use, Announces Russia; What Is the Cost? How Effective Is It? When Will It Be Avail...Read More
New Delhi, Dec 18 (VOICE) Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.The loss was narrowed due to the reduction in the company's expenses. The total expenditure of the company in FY24 was Rs 1,149 crore, which is 53.29 per cent less than the FY23 figure of Rs 2,460 crore. In FY24, Unacademy's expenditure on employees decreased 69.47 per cent year-on-year to Rs 340 crore, compared to Rs 1,114 crore in FY23. The reason ...Read More
In India - the world's largest film-producing country, only 31% of films and series meet key gender equality metrics. The fact that women hold just 12% of the analyzed leadership roles in top 25 entertainment firms is a real eye-opener. These numbers are from the O Womaniya!2024 Report - the most definitive study on female representation in Indian entertainment, championed by Prime Video, researched by Ormax Media, and produced by Film Companion Studios. The report reveals a harsh truth about I...Read More
Mumbai, Dec 18 (PTI) Private equity and venture capital (PE/VC) funds invested USD 4 billion in November, which was 156 per cent higher than the year-ago period but lower about 15 per cent compared with the preceding month, a report said on Wednesday. The month saw 87 deals -- 47 per cent higher than the 59 transactions in November 2023, as per the report by industry lobby grouping IVCA and consultancy firm EY. "While 2024 had started off on a strong note, geopolitical tensions, uncertainty ov...Read More
New Delhi, Dec 18 (PTI) Reliance Nippon Life Insurance, a subsidiary of debt-ridden Reliance Capital (RCAP), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap. Mauritius-based IndusInd International Holdings Ltd (IIHL), the parent entity of IndusInd Bank, won the bid to acquire RCAP and entities under it. "IIHL and Japan-based Nippon Life have struck a good understanding and they are absolutely clear about promoting the ins...Read More
Bengaluru, Dec 18 (PTI) Cold wave conditions are likely to persist over Bidar, Vijayapura, and Kalaburagi districts of Karnataka, with temperatures expected to be 2-4 degrees celsius "below normal" in the remaining districts of North Interior Karnataka for the next three days, the India Meteorological Department (IMD) said on Wednesday. Dry weather is forecast to continue across the state between December 18-22. According to the IMD, cold wave conditions are expected over Bidar, Vijayapura, an...Read More