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New Delhi [India], December 4 (ANI): Union Minister for Power and Housing and Urban Affairs, Manohar Lal Khattar on Wednesday chaired a meeting of the Parliamentary Consultative Committee of the Members of Parliament on the generation and demand of electricity under the National Electricity Plan, the Ministry of Power said in a release. During the meeting, Manohar Lal Khattar highlighted that power is a critical component in achieving the goal of a developed India by 2047. He noted that with th ...Read More >
New Delhi [India], December 3 (ANI): India's real estate sector is entering a "sweet spot," supported by a unique combination of favourable factors expected to drive growth over the next three to five years, according to a UBS report. The report highlights multiple tailwinds for the residential sector, including record-low inventory levels, strong affordability, supportive regulations, and increased consolidation among developers. Additionally, factors such as urbanization, rising incomes, and ...Read More >
YORK, UK - In a move to strengthen its position in the equine health market, Animalcare Group Plc (AIM: ANCR) has announced the conditional acquisition of Randlab, a prominent Australian equine veterinary business. The deal, valued at A$120 million (approximately £62.2 million), is expected to significantly boost Animalcare's earnings in 2025. The purchase agreement, involving Animalcare's newly formed subsidiary Animalcare Australia Pty Ltd, encompasses Randlab's entire issued share capital, i ...Read More >
SAN JUAN, PUERTO RICO / ACCESSWIRE / December 2, 2024 / BOTS Inc. (OTCQB:BTZI), a leader in blockchain and robotics innovation, is excited to unveil its groundbreaking strategic pivot into the development and deployment of autonomous AI agents powered by the Solana blockchain. This bold move reaffirms the company's mission to leverage cutting-edge technologies to drive value creation, enhance operational efficiency, and revolutionize the decentralized artificial intelligence (AI) landscape. Rev ...Read More >
A comfortable launch pipeline (availability of low-cost land bank and scope to accumulate more) would drive bookings/collections CAGR of 18%/39%, respectively, during FY24-27E, generating a healthy cashflow stream. This, coupled with a deleveraged balance sheet and likely fund-raise of Rs20bn, would pave the way for a sharp ramp up of the company's Data Center (DC) business. Availability of land/civil structures gives competitive advantage and would aid faster capacity addition (expected @102MW ...Read More >
Asset quality metrics are weakening in the past few quarters in some segments. This has necessitated a recalibration of growth strategies, especially in unsecured loans and microfinance Unsecured loans given by Non Banking Finance Companies (NBFCs) and credit to microfinance segments, accounting for 23% of the overall NBFC Asset Under Management (AUM) are expected to be impacted the most in the current and next fiscals according to CRISIL Ratings' outlook on the sector. Krishnan Sitaraman, Chie ...Read More >
In the last decade, digital transformation has reshaped industries across the globe, with the banking, financial services, and insurance (BFSI) sector witnessing a rapid shift towards technology-driven processes. Automation, Artificial Intelligence (AI), blockchain, and big data are now reshaping business operations and redefining traditional roles. As India navigates this intersection of innovation and opportunity, the employability of the country's youth -- especially in BFSI -- will hinge on ...Read More >
Around 16 equity mutual funds have offered more than 30% CAGR in the last three years, based on the daily rolling returns. There were around 222 equity mutual funds that have completed three years of existence in the market. These 16 schemes were from six different categories. 10 small cap funds, two mid cap funds, a multi cap, flexi cap, contra fund, and an ELSS fund offered over 30% CAGR in the mentioned period. The first four toppers in the list were from the small cap category. Quant Small ...Read More >
Multibagger Stock: Genesys International, a leading player in India's burgeoning geospatial sector, has emerged as a significant wealth creator for investors in recent years. Its shares have surged from ₹315 a year ago to the current level of ₹846, delivering an impressive return of 171%. Over a longer horizon, the stock has provided a staggering 1,963% return in the past four years. For instance, if an investor had invested ₹1 lakh during this period and held onto the investment until the pres ...Read More >
TIPS Music, one of India's leading music labels, has received a 'Buy' rating from YES Securities as it initiated coverage on the firm, with a target price of Rs 1,050, indicating a potential upside of 18% from the current market price of Rs 888.65. Shares of TIPS Music climbed as much as 1.7% on Tuesday to Rs 888.65 on BSE. Yes Securities has valued TIPS Music at a Price-to-Earnings (P/E) ratio of 47 times based on projected earnings per share (EPS) for September 2026, reinforcing its bullish r ...Read More >
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