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Pune : EKA Mobility, a leading electric vehicles and technology company, today announced an exceptional 5X year-on-year volume growth in FY 2025-26. The company sold 1,143 units and produced 1,344 electric commercial vehicles. This milestone comes on the back of the company's widest and most comprehensive range of electric vehicles across segments. The company entered the M&HCV truck segment this year, in addition to its existing bus and SCV portfolio. EKA Mobility is a Champion OEM under the Au ...Read More >
Mumbai: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 2 ...Read More >
NEW DELHI: India's imports of telecom equipment from China rose to $6.37 billion (about ₹59,500 crore) in 2023-24, up from $5.55 billion in 2019-20, Minister of State for Communications Chandra Sekhar Pemmasani informed the Parliament on Wednesday. Pemmasani, in a written reply to Lok Sabha, said that total imports in the telecom equipment category rose from $13.33 billion in 2019-20 to $17.01 billion in 2023-24. "The imports under the principal commodity 'telecom instruments' have increased f ...Read More >
Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent t ...Read More >
Salman Khan's brother Sohail Khan sold a commercial property in Mumbai's Andheri for Rs 5.90 crore, including three parking spaces, marking another Khan family real estate move. Bollywood actor Sohail Khan has sold a commercial property in Mumbai's Andheri area. It has been reported that the actor sold the property for about Rs 5.90 crore, as per documents accessed by a real estate analytics firm. The report states that the office space has a carpet area of 1,559 sq ft and was sold along with t ...Read More >
Mumbai: In a major safety enforcement drive ahead of the upcoming academic year, the Mumbai Central and Wadala Regional Transport Offices (RTO) penalised 139 school buses and collected fines worth Rs 7 lakh after inspecting 402 buses over the past 30 days. The action comes as the Maharashtra government's new school bus safety regulations(2025) are implemented following concerns over continued safety violations. 28 Private Vehicles Found Operating Illegally as School Buses The inspection drive ...Read More >
New Delhi, Apr 1 (PTI) More than two dozen companies filed preliminary papers with capital markets regulator Sebi to raise funds through initial public offerings (IPOs) in the last two days of FY26, reflecting sustained primary market momentum. Among those that filed draft papers are Sadbhav Futuretech, TC Terrytex, Monomark Engineering (India) Ltd, Adroit Industries (India), Punjab Carbonic, Nityas Gems and Jewellery, Expression 360 Services India Ltd, Absolute Project (India) Ltd, Bvishal Oil ...Read More >
New Delhi [India], April 1 (ANI): ITC Limited has formally announced that Sproutlife Foods Private Limited, the manufacturer of the health-focused brand Yoga Bar, has become its subsidiary effective April 1, 2026. The Kolkata-headquartered conglomerate confirmed this in a regulatory filing, marking a significant milestone in its multi-year acquisition strategy for the nutrition-led food brand. According to the filing, ITC "with effect from today i.e., 1st April, 2026 has acquired the right to n ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): Rapper DIVINE has released a new music video titled 'Saucy', bringing together singer Riar Saab and actor Mouni Roy. The track is part of DIVINE's latest album, "Walking on Water", which showcases the rapper's journey from the Mumbai music scene to a global audience. The music video was shot in Singapore, with visuals captured at well-known locations such as the Helix Bridge, Haji Lane, and the Swissotel The Stamford Helipad. The video features Mouni ...Read More >
Mumbai (Maharashtra) [India], April 1: Mumbai-based 'Falcon Technoprojects India Limited' is a leading company providing mechanical, electrical and plumbing services at the national level. The company is raising Rs. 21.43 crore through a rights issue. The company has received in-principle approval from NSE Emerge for the rights issue. The team of Business Remedies has gathered information about the company's business activities from the company's investor presentation. Also Read | Rohit Shetty ...Read More >
New Delhi : Signature Global (India) Ltd. (BSE: 543990 | NSE: SIGNATURE), one of India's leading real estate development companies, today announced that it has successfully secured an investment of ₹1,293 crore from RMZ group. The investment secures RMZ a 50% equity stake in Gurugram Commercity Limited (GCL), which was a wholly owned subsidiary of Signature Global. Following the completion of the transaction, Signature Global and RMZ have formed a 50:50 joint venture to develop a large-scale mi ...Read More >
Hyderabad : Granules India Limited today announced that its wholly owned subsidiary, Granules Life Sciences Private Limited (GLS), has concluded a recent US FDA inspection of its manufacturing facility at Shamirpet, Telangana, with an inspection classification of Voluntary Action Indicated (VAI). The Establishment Inspection Report (EIR) was issued following a current Good Manufacturing Practice (cGMP) and pre approval inspection (PAI) of the oral solid dosage manufacturing operations conducted ...Read More >
SINGAPORE - GCL Global Holdings Ltd (NASDAQ:GCL) announced today that its publishing subsidiary 4Divinity Pte. Ltd. has entered into a three-year distribution agreement with Syngrid Technology HK Limited, according to a press release statement. Under the agreement, 4Divinity will provide Syngrid with rights to distribute game titles from its library, with customers able to access and activate games through official websites or client platforms. The distributed titles will include Showa American ...Read More >
Apple's India journey is accelerating. The company is now a top smartphone player, with record revenues and shipments. Manufacturing in India has surged, making it a key production hub. Apple is expanding its retail footprint with new stores and investing in local operations. This growth signals a strategic long-term commitment, positioning India as a vital market for Apple's future. In the mid-1970s, long before he co-founded Apple, a young Steve Jobs travelled to India in search of spiritual ...Read More >
New Delhi, Mar 30 (PTI) Railway components maker Pioneer Fil-Med Ltd has filed draft papers with the markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO). The proposed issue comprises a fresh issue of equity shares aggregating Rs 250 crore and an Offer For Sale (OFS) of shares worth Rs 250 crore by existing shareholders, according to the Draft Red Herring Prospectus (DRHP) filed on Sunday. The OFS includes stake sales by promoter Pioneer Facor IT Infradeveloper ...Read More >
Mumbai . Nazara Technologies Limited (BSE: 543280 | NSE: NAZARA), India's leading diversified gaming and sports media company, today announced a preferential issue of warrants aggregating to INR 500 crores, subject to shareholder and regulatory approvals. Each warrant is convertible into one equity share and is being issued at a price of INR 260 per share, representing a premium to the current market price, reflecting strong investor confidence in Nazara's growth strategy. The round includes p ...Read More >
Mumbai : Saatvik Green Energy Limited's subsidiary, Saatvik Solar Industries Private Limited, today announced that it has received and accepted an order aggregating to Rs 638.26 crores for the supply of advanced Solar Cell G12 R Type modules from a reputed solar modules manufacturer. The order is scheduled to be executed by March 2027. The supply will leverage advanced G12R TOPCon (DCR) technology, known for its high efficiency and performance in large-scale solar applications. With a cumulativ ...Read More >
New Delhi, Mar 31 (PTI) Consumer electronics retailer Sathya Agencies Ltd has filed preliminary papers with markets regulator Sebi to raise Rs 600 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of equity shares worth Rs 300 crore by promoters, taking the total offer size to Rs 600 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS includes the sal ...Read More >
JAMMU, Mar 30: Nine Members introduced Private Member bills in the Legislative Assembly (LA) today, of which six bills were withdrawn by Legislators after assurances from the Government and two were rejected by voice voting. Legislator, Qaysar Jamshaid Lone introduced a bill in House which read, "A Bill to amend the Cooperative Societies Act, 1989 (LA Private Members Bill No. 1 of 2025)". Similarly, Legislator Mir Saifullah introduced a bill in House which reads, "A Bill to make it obligatory ...Read More >
New Delhi, Mar 30 (PTI) Gaming and sports media firm Nazara Technologies on Monday said its board has approved a proposal to raise Rs 500 crore through a preferential issue of warrants. The funds raised through the instrument will mainly support strategic acquisitions, including the recently announced deals for Bluetile and BestPlay, and accelerate growth across the company's existing business verticals. The company will issue up to 1.92 crore (1,92,31,000) warrants at Rs 260 apiece, which inc ...Read More >
Mumbai: Nifty Bank has recorded its worst monthly performance in six years, with the index falling more than 16 percent in March. This is the steepest decline since March 2020, when markets had crashed during the COVID-19 outbreak. What makes this fall significant is that every single one of the 14 stocks in the index declined, and all losses were in double digits. The fall ranged between 11 percent and 22 percent, showing broad-based weakness across the banking sector. Heavy Losses in Large B ...Read More >
Titagarh Rail Systems has secured a contract from Balmer Lawrie & for the appointment as a lessor to provide two BFNS22.9 rakes on an operating lease basis. The scope of work includes supplying two rakes comprising 43 wagons each, along with 4% spare wagons, with each wagon having a carrying capacity of 64.89 MT. These rakes will be deployed for transportation of HR coils, sheets, and plates over the Indian Railways network, as per the latest approved designs of Research Designs and Standards O ...Read More >
New Delhi, March 12 (UNI) The Indian stock market on Thursday extended its losses for the second consecutive session amid escalating geopolitical tensions. At the close, the Sensex was down 829.29 points, or 1.08 per cent, at 76,034.42, while the Nifty fell 227.70 points, or 0.95 per cent, to 23,639.15. The Nifty Midcap and Smallcap indices declined by 0.4 per cent and 0.7 per cent, respectively. The overall market capitalisation of BSE-listed firms dropped to nearly Rs 436 lakh crore from ar ...Read More >
New Delhi: The CBI has intensified its investigation into the alleged GainBitcoin cryptocurrency scam with the arrest of a key individual linked to the scheme's technology infrastructure. The Central Bureau of Investigation arrested Ayush Varshney, who served as co-founder and CTO of Darwin Labs Private Limited. Authorities said the arrest relates to the ongoing probe into the GainBitcoin cryptocurrency fraud case. According to the agency, the case involves an alleged Ponzi scheme promoted by V ...Read More >
New Delhi [India], February 16 (ANI): Unified Payments Interface (UPI) has emerged as the most preferred mode of transaction, accounting for 57 per cent, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to a survey. The Department of Financial Services (DFS), Ministry of Finance, released a report titled 'Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person ...Read More >
New Delhi, Feb 16 (SocialNews.XYZ) UPI has emerged as the most preferred mode of payment, accounting for 57 per cent of total payment transactions in India, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to an independent study commissioned by the Finance Ministry. Digital payments now dominate everyday transaction behaviour, with 65 per cent of UPI users reporting multiple digital transactions per day. Preference for UP ...Read More >
HYDERABAD: Cyient Semiconductors, a wholly owned subsidiary of Cyient Ltd, is acquiring over 65% stake in San Jose headquartered power semiconductor player Kinetic Technologies for a total cash consideration of up to $93 million (approx. Rs 846 crore). The transaction, which is subject to customer closing conditions, is expected to be completed by April 30, 2026.Cyient Semiconductors Singapore Pte Ltd, which is a wholly owned subsidiary of Cyient Semiconductors Private Limited, has entered into ...Read More >
The swivel seat can be ordered as a retrofitment kit at Maruti Suzuki Arena dealerships and installed either in new WagonR models or in existing vehicles. Maruti Suzuki India on Wednesday announced the launch of the WagonR with an optional swivel seat, marking a step towards improving accessibility in mass-market passenger vehicles. The feature is aimed at enhancing convenience for senior citizens and persons with disabilities, extending mobility solutions to a wider customer base. The swivel ...Read More >
Gujarat Kidney & Super Speciality IPO | It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuation of nearly Rs 900 crore Gujarat Kidney & Super Speciality, the Gujarat-based multispeciality hospitals chain, has fixed price band at Rs 108-114 per share for its initial public offering (IPO) on December 16. It is raising up to Rs 250.8 crore via IPO, which comprises of entirely fresh issue of 2.2 crore equity shares, at a valuat ...Read More >
PNN Vadodara (Gujarat) [India], December 17: Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital requirements for the proposed acquisition of Parekhs Hospital in Ahmedabad, partial payment of the purchase consideration for the already acquired "Ashwini Medical Center", financing the company's capital expenditur ...Read More >
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