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Mumbai: After a quiet start to 2025, India's primary market is finally showing signs of recovery. Over 12 companies are getting ready to launch their Initial Public Offerings (IPOs) in the next 3 to 6 months, according to merchant bankers. This comes as the stock market stabilizes and global tensions ease, making investors more confident. Big Names Preparing to Launch IPOs Some of the major companies planning IPOs include: Other names like Credila, SK Finance, Veritas Finance, Paras Healthca ...Read More >

NEW DELHI: Former head of Air India and chairman of the Railway Board Ashwani Lohani is the new Prime Ministers Museum and Library (PMML) director. The official order for his appointment was issued on Wednesday. A 1980-batch officer of the Indian Railway Service of Mechanical Engineering (IRSME), Lohani is known for turning around various organisations during his illustrious career. Following his retirement from IRSME service, he joined the GMR Group as the CEO. According to the order dated Ju ...Read More >
CHATRAPUR (Odisha): In a major thrust to decentralised industrialisation and employment generation, the Odisha government on Thursday conducted a groundbreaking ceremony for 12 mega industrial and infrastructure projects in Ganjam district. Spearheaded by Chief Minister Mohan Charan Majhi, the initiatives represent a cumulative investment of ₹28,084 crore and are expected to create over 15,000 jobs across sectors such as green energy, petrochemicals, logistics, and agro-processing. Held at Onsl ...Read More >

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Thursday performed groundbreaking ceremony for 12 industrial and infrastructure projects worth a total of Rs 28,084 crore. The projects have the potential to create 15,455 jobs. These projects are located across Tata SEZ at Gopalpur, and Chhatrapur, Buguda and Barapalli areas, reinforcing the State's target of building a diversified and sustainable industrial ecosystem in Ganjam region. On the occasion, Majhi said these projects will prov ...Read More >

Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, ...Read More >

Union Minister J P Nadda has directed officials to ensure the adequate supply of fertilisers for farmers during the kharif season. He emphasized strict measures against hoarding and black marketing and highlighted the importance of sustainable agricultural practices. Coordination with multiple stakeholders, including states and exporters, is key. Union Chemicals and Fertilisers Minister J P Nadda has issued directives to ensure the sufficient supply of crop nutrients during the crucial kharif s ...Read More >

New Delhi [India], June 6 (ANI): Union Minister for Chemicals and Fertilisers, JP Nadda, chaired a high-level meeting on Thursday with officials from the Department of Fertilisers to review the availability and distribution of fertilisers during the ongoing Kharif season, the ministry said in an official statement. During the meeting, Jagat Prakash Nadda underscored the critical role of agriculture in ensuring food security for the nation. He highlighted the importance of ensuring the timely av ...Read More >
Mumbai: Some economists are batting for an outsized rate cut-of half a percentage point instead of the customary quarter-as future price pressures appear benign and credit demand remains subdued. Economists from the State Bank of India and Piramal Enterprises are advocating a 50-basis-point (bps) reduction in the policy rates, due to be announced after the latest bi-monthly review Friday morning, even though an ET survey of a dozen bankers and economists indicates a 25 bps cut. One basis point ...Read More >

New Delhi [India], June 6 (ANI): Union Minister for Chemicals and Fertilisers, JP Nadda, chaired a high-level meeting on Thursday with officials from the Department of Fertilisers to review the availability and distribution of fertilisers during the ongoing Kharif season, the ministry said in an official statement. During the meeting, Jagat Prakash Nadda underscored the critical role of agriculture in ensuring food security for the nation. He highlighted the importance of ensuring the timely av ...Read More >
Berhampur: CM Mohan Charan Majhi on Thursday launched 12 industrial projects worth ₹28,084 crore in Ganjam district, marking a significant boost to Odisha's industrial development. The projects are expected to generate over 15,455 jobs.During the groundbreaking ceremony at Onslow Stadium in Chatrapur, Majhi emphasized the state's commitment to sustainable development, particularly noting the timing of the announcement on World Environment Day. "This investment will catalyze Ganjam's economic gr ...Read More >

SHILLONG, June 4: The United Democratic Party (UDP) has announced its decision to participate in the all-party committee on railways, with working president Titosstarwell Chyne and MLA Lahkmen Rymbui nominated to represent it. Chyne stated that the party will consult with its MLAs and leaders before presenting its stance in the committee. However, he clarified that the UDP's position remains firm: the party opposes the introduction of railway projects in the region unless the government establi ...Read More >

New Delhi [India], June 6 (ANI): Union Minister for Chemicals and Fertilisers, JP Nadda, chaired a high-level meeting on Thursday with officials from the Department of Fertilisers to review the availability and distribution of fertilisers during the ongoing Kharif season, the ministry said in an official statement. During the meeting, Jagat Prakash Nadda underscored the critical role of agriculture in ensuring food security for the nation. He highlighted the importance of ensuring the timely av ...Read More >

Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from a ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Thursday performed the groundbreaking ceremony for 12 industrial and infrastructure projects worth ₹28,084 crore, reinforcing the state's vision of sustainable and inclusive development. The projects, located across Gopalpur, Chatrapur, Buguda, and Barapalli in the Ganjam region, are expected to create employment opportunities for 15,455 people. Speaking on the occasion, which coincided with World Environment Day, Majhi said the projects ...Read More >

Hyderabad: Contrary to widespread and distressing reports circulating on social media and some unofficial sources earlier today, Jubilee Hills MLA Maganti Gopinath of the Bharat Rashtra Samithi (BRS) has not passed away. He remains critically ill but is showing signs of recovery after being rushed to AIG Hospital in Gachibowli on Thursday with heart-related issues. BRS MLC Dasoju Shravan provided a crucial update, stating, "Maganti Gopinath is recovering." Shravan clarified that Gopinath is res ...Read More >

New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. The acquisition continues Aditya Birla's expansion in the US' manufacturing sector, a key aspect of Aditya Birla's growth strategy ...Read More >

New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra R ...Read More >

Gopalpur : Shri Mohan Charan Majhi, Hon'ble Chief Minister of Odisha, today laid foundation stones for five new industrial projects at the Gopalpur Industrial Park (GIP), developed by Tata Steel Special Economic Zone Limited (TSSEZL). The event took place in Ganjam, Odisha, in the presence of senior officials from the State Government, local community representatives, TSSEZL officials, and existing industry stakeholders at GIP. Hon'ble CM said, "Ganjam has achieved significant milestones in the ...Read More >

New Delhi, May 27 (PTI) The country's overall goods and services exports are expected to reach USD 1 trillion during 2025-26, according to apex exporters' body FIEO. In 2024-25, the exports were aggregated at USD 825 billion. Federation of Indian Export Organisations (FIEO) President S C Ralhan said merchandise exports will increase from USD 437 billion to USD 525-535 billion in 2025-26. He said that services exports may rise from USD 387 billion to USD 465-475 billion this fiscal. The main ...Read More >

New Delhi: After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore -- owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively mobilise over Rs 11,000 crore, investment banking sources said on Monday. Of the six firms, Borana Weaves and Belrise Industries will launch their IPOs this week.Borana Weaves will float its Rs 144-crore IPO on May 20, while Pune-based Belrise Indu ...Read More >

New Delhi, May 19 (PTI) After a tepid start to 2025, the IPO market is getting back on track with six main-board companies, including Schloss Bangalore -- owner of luxury hotel chain The Leela, are set to float their initial share-sales this month to collectively mobilise over Rs 11,000 crore, investment banking sources said on Monday. Of the six firms, Borana Weaves and Belrise Industries will launch their IPOs this week. Borana Weaves will float its Rs 144-crore IPO on May 20, while Pune-bas ...Read More >
New Delhi, Feb 4 (PTI) Energy and environment solutions provider Thermax on Tuesday reported a 52 per cent decline in its consolidated net profit to Rs 114 crore in the December quarter compared to a year ago. The company had reported a consolidated profit after tax of Rs 237 crore in the October-December quarter of 2023-24, boosted by an exceptional gain of Rs 126 crore from the sale of a vacant plot of land, a statement said. The company also explained that the current (December) quarter's r ...Read More >
Bhubaneswar: Industry leaders from at least eight countries will take part in the Utkarsh Odisha: Make in Odisha Conclave 2025, the state's flagship investors' summit, scheduled to be inaugurated by Prime Minister Narendra Modi on January 28, govt authorities said. Addressing a news conference, industries secretary Hemant Sharma said that while invitations were extended to 12 countries, confirmation has been received from eight. Business delegates from Singapore, the partner country for the eve ...Read More >
New Delhi, Dec 3 (VOICE) The government has provided special additional packages to farmers over and above Nutrient-Based Subsidy (NBS) to further reduce the price of fertilisers in both the kharif and rabi seasons of 2024, the Parliament was informed on Tuesday.The government has ensured the smooth availability of fertilisers at affordable prices despite recent geo-political situations due to the Russia-Ukraine war by providing special packages over and above the NBS subsidy rates on a need bas ...Read More >
A pharmaceutical stock has hit the 20 percent upper circuit limit following the announcement of its plans to enter the real estate business. This move has sparked investor interest as the company shifts focus to a new sector. During Monday's trading session, the share price of Par Drugs & Chemicals Ltd locked a 20 percent upper circuit of Rs.348.45 per share, from its previous close of Rs.290.40 apiece. Over the past six months, the stock has delivered over 60 percent returns. Par Drugs and Ch ...Read More >
New Delhi: Foreign Direct Investment (FDI) inflows into India surged by a robust 45 per cent to $29.79 billion in April-September during the current financial year compared to $20.5 billion in the same period during 2023-24, according to figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT). The main sectors of the economy that benefited from the FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals. FDI in ...Read More >
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