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VMPL New Delhi [India], July 7: A SIP Calculator is a powerful tool that helps plan investments wisely and track money growth over time. It estimates returns based on regular investment amounts and tenure, providing a clear view of financial progress. This insight enables confident financial planning and informed decision-making, supporting long-term wealth creation through systematic investment. What is a SIP Calculator? A Systematic Investment Plan (SIP) calculator is a convenient online to ...Read More >
PNN New Delhi [India], July 4: HOAC FOODS INDIA LIMITED, a primarily engaged in the manufacturing and distribution of high-quality natural food products under the brand name "HARIOM", offering a diverse range that includes chakki atta (wheat flour), organic herbs and spices, unpolished pulses, grains, and cold-pressed yellow mustard oil, has successfully raised 1,000.00 Lakhs through its first-ever Qualified Institutional Placement (QIP). The QIP, launched on June 30, 2025, and closed on July 0 ...Read More >
New Delhi: Reliance Industries Limited Chairman Mukesh Ambani is all set to outsmart his competitors with a bold new game plan. Reliance Industries Limited (RIL) has made a major decision to separate all its fast-selling consumer goods -- the FMCG brands -- into a new entity. These brands were previously housed under Reliance's retail companies RRVL, RRL, and RCPL. Now, they will be moved into a newly formed company named 'New Reliance Consumer Products Limited' (New RCPL). This new entity will ...Read More >
July 3 (Reuters) - Gold fell on Thursday as investors held back from making significant bets, awaiting the U.S. payroll data later in the day for insights into the Federal Reserve's policy direction. Spot gold lost 0.3% to $3,346.47 per ounce, as of 0211 GMT, while U.S. gold futures edged down 0.1% to $3,357.20. Gold appears to be consolidating at present within $3,320 to $3,360 range, with the market adopting a wait-and-see approach ahead of U.S. Non-Farm Payroll and ISM Services PMI data, ra ...Read More >
New Delhi, July 3 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, New Reliance Consumer Products Ltd (New RCPL), under its internal restructuring of the business. According to the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company Law Tribunal (NCLT) on June 25 asked to convene a m ...Read More >
New Delhi, July 7 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, Reliance Consumer Products Ltd (RCPL). As per the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). Also Read | Who Is Soham Parekh, Indian Techie Accused of Duping Multiple Companies? What's His Reaction to Allegations of Moonlighting?. The Mumbai bench ...Read More >
New Delhi, July 7 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, Reliance Consumer Products Ltd (RCPL). As per the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company Law Tribunal (NCLT) on June 25 asked to convene a meeting for approval of the internal restructuring process, under ...Read More >
MUMBAI, July 3 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company ...Read More >
MUMBAI (Reuters) -Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company Law Trib ...Read More >
New Delhi: Coal production from the country's captive and commercial mines shot up by a robust 16.4 per cent to 46.01 million tonnes during the first quarter (April-June) of the financial year 2025-26 from 39.53 million tonnes in the same quarter of the previous year, according to official figures released on Wednesday. The dispatches of coal from these mines rose by 13 per cent to 51.63 million tonnes in the April-June quarter of the current financial year compared to 45.68 million tonnes in t ...Read More >
New Delhi: Government push to infrastructure has influenced capital investment decisions of 88 percent of respondent manufacturers, as per the IANS report. The government is pushing infrastructure and bringing down its logistics-to-GDP cost through various schemes such as Bharatmala, Sagarmala, Dedicated Freight Corridors, and the National Industrial Corridor Development. As per the Cushman and Wakefield report "Elevating India's Manufacturing Resilience: Charting the Path to Self-Reliance," the ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were act ...Read More >
MUMBAI: The main owner of Air India, following the devastating flight 171 crash that became the most severe aviation disaster in a decade, will set up a welfare trust for affected families. Tata Sons, which owns about 74% of Air India, intends to allocate Rs 500 crore to the foundation, to be called AI171 Trust.Sources indicate that Tata Trusts, the largest shareholder of Tata Sons, is expected to contribute an equivalent sum. The crash claimed over 250 lives, with 241 passengers on board and 19 ...Read More >
New Delhi: JSW Steel has transformed Bhushan Power & Steel Ltd (BPSL) into a viable and going concern after acquiring it out of bankruptcy in 2021, and its liquidation would have adverse ramifications on all stakeholders, the Sajjan Jindal-led steelmaker and BPSL's lenders told the Supreme Court. They also sought an 'open court' hearing of their petitions seeking a review of the top court's May 2 order scrapping JSW's acquisition of BPSL under the bankruptcy law. While JSW filed the review peti ...Read More >
New Delhi, July 26 (SocialNews.XYZ) National Stock Exchange (NSE) Chief Business Development Officer Shriram Krishnan said on Thursday that electricity futures contracts can play a vital role in helping businesses manage and control their power costs effectively. In an exclusive conversation with IANS, Krishnan explained that electricity futures allow buyers to lock in power prices for future dates. "This helps fix electricity costs in advance. If, in the future, spot electricity prices rise b ...Read More >
Panaji, Feb 4 (PTI) Goa Chief Minister Pramod Sawant on Tuesday said Union Finance Minister Nirmala Sitharaman has accepted the state's request to continue the scheme for special assistance to states for capital investment in 2025-26 with an outlay of Rs 1.5 lakh crore. Addressing a press conference here, the chief minister analysed the takeaways for the coastal state in the Union budget tabled on February 1. Sawant said, "The Union Finance Minister has accepted our request to continue the sch ...Read More >
New Delhi, Dec 10 (PTI) Ahead of the second edition of the Bihar Business Connect 2024 summit, the Department of Industries of the Bihar government showcased the state's strategic initiatives, reforms and investment opportunities to select diplomats. The Bihar Business Connect 2024 - Ambassadors' Meet presented the policies and initiatives of the state government to the global audience as a precursor to the Summit scheduled for December 19-20, 2024, in Patna, according to an official statement. ...Read More >
Amante Capital, KKR's dedicated European hospitality platform, will serve as managing partner to the joint venture LONDON--(BUSINESS WIRE)--Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International (NASDAQ:MAR) hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR's vertically integrated European hospitality platform, will serve as managing partner for th ...Read More >
The JSW Group has lined up $70 billion of capital investments over the few years in sectors steel, cement, energy and paint besides an ambitious foray into automobiles. In a wide-ranging interview with Moneycontrol, Sajjan Jindal, Chairman and Managing Director, JSW Group spoke about the group's business roadmap, his passion for sports and how the Jindal brothers compete in business while maintain family ties. Edited Excerpts: Mr. Jindal, welcome to Moneycontrol. There is a lot of talk about pr ...Read More >
KSEB Chairman and Management Director Biju Prabhakar has painted a grim picture of the finances of the State power utility, observing that it now has to spend ₹900 crore on power purchases and ₹300 crore on loan repayment every month. The observations are part of a note circulated among the officers' associations of the KSEB for their feedback and suggestions. Loans and overdraft together constitute around ₹10,874.26 crore. While the monthly revenue stands at ₹1,750 crore, the expenditure is ₹ ...Read More >
Boston, MA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 and 39 weeks ended September 29, 2024 (Q3 2024 and YTD Q3 2024, respectively). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. ...Read More >
New Delhi: The Centre has decided to scrap the windfall tax, a levy imposed on local production of crude oil and exports of petrol, diesel and jet fuel, at a time of subdued oil prices. A decision to this effect has been taken at the top level in the government, and the finance ministry may shortly issue an order, two people familiar with the development said. Windfall tax was imposed in 2022, as a surge in oil prices to multi-year highs in the wake of the Russia-Ukraine war allowed oil and ga ...Read More >
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