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Akzo Nobel India acquisition: JSW Paints has agreed to acquire a majority stake in Akzo Nobel India, valuing the company at Rs 12,000 crore (approximately $1.1 billion), in a move that will make it the fourth-largest player in India's fast-growing paints market. According to a report by The Economic Times, JSW will acquire a 75% stake for Rs 9,000 crore -- a 17.4% discount to Thursday's closing price. ...Read More >
MADURAI: Union Home Minister Amit Shah, who arrived in Madurai on Saturday night, will be taking part in the BJP's state core committee meeting during the day on Sunday, and address party functionaries at Velammal Global Hospital Ground in the evening. BJP sources said Shah will be visiting the Meenakshi Amman Temple on Sunday morning, where he is expected to spend around 30 minutes. He will then hold a meeting with the state's core committee, which includes union minister for state L Murugan, ...Read More >
NEW DELHI: Home minister Amit Shah on Saturday met and felicitated officers of the Chhattisgarh Police who played a key role in the recent anti-Naxal operations in Bijapur and Narayanpur that led to the elimination of top CPI(Maoist) leader Nambala Keshav Rao alias Basavaraju and 57 others.On X later, Shah said, "Met the officers who played a crucial role in the recent anti-Naxal operations and congratulated them on the historic success of these operations. I am eager to meet the brave jawans wh ...Read More >
Indian Renewable Energy Development Agency (IREDA) has launched a QIP to raise up to Rs 5,000 crore. The board has set the floor price at Rs 173.83 per share with a possible 5% discount. IREDA posted strong Q4 earnings with a 49% rise in net profit and continues to attract positive analyst attention despite a mixed yearly performance.Shares of state-owned Indian Renewable Energy Development Agency (IREDA) will be in focus on Friday after the company launched a qualified institutional placement ( ...Read More >
Lucknow: With Eid-ul-Azha on Saturday, the goat markets in the city are bustling with activities, with Muslims making a beeline to select a goat or two for the sacrifice, an obligatory ritual for those who can afford one.In Lucknow, the Bakra Mandis have come up at Joggers Park, Dubagga, Nimbu Park, Herding Bridge (Pakka Pul), Khurramnagar, and Moulviganj.Of these, Dubagga market has established itself as a prominent destination, offering an extensive collection of sacrificial goats up for grabs ...Read More >
NEW DELHI: Population data returned by the upcoming 'Census 2027', due to begin on April 1, 2026, will pave the way for a countrywide delimitation of Lok Sabha and assembly constituencies, as the March 1, 2027 reference date makes it "the first Census to be held after 2026".However, the chances of delimitation being completed in time for the 2029 general election appear bleak, given that the final population data may take time to be published. The final population data for Census 2011 was publis ...Read More >
NEW DELHI - Apple is accelerating its shift of iPhone production to India, a move that has proven highly successful. According to a report by research firm Omdia, cited by the Economic Times, exports of India-made iPhones to the United States soared by 76% year-on-year, with 2.9 million units shipped in April 2025 alone. This move is part of Apple's strategy to diversify away from its heavy reliance on China, which is now grappling with geopolitical tensions and rising US import tariffs. Howe ...Read More >
New Delhi: Zomato CEO Deepinder Goyal has emerged as India's second-largest self-made entrepreneur, with his company's valuation soaring by 190% to reach Rs 2,51,900 crore, as per Hurun India. He is closely trailed by Swiggy founders Sriharsha Majety and Nandan Reddy, who also rank high among India's top entrepreneurs. According to Hurun India, Swiggy, which went public earlier this year, has seen a 52% increase in its valuation, now exceeding Rs 1 lakh crore. Meanwhile, Radhakishan Damani, the ...Read More >
The beggar also owns two shops in Thane and earns a rental of Rs 30,000 from it. (Representational image) A man in Mumbai has been touted as the richest beggar in the world after it came to light that he amassed a wealth of Rs 7.5 crore and two flats worth Rs 1.5 crore only by begging. Bharat Jain also owns a stationery store that supplements his income and although his family does not approve of him begging, Jain is determined to continue. "I enjoy begging, and I don't want to give it up," he ...Read More >
Given the strong subscription response, Ganesh Infraworld's latest GMP stands at Rs 73, indicating an upside potential of 88% above the upper price band.The SME initial public offering (IPO) of Ganesh Infraworld received a strong response from investors with an overall subscription of 103.2 times by 12:19 pm on the final day of the bidding process. The IPO will close on December 3. The company aims to raise Rs 98.6 crore through the SME IPO, which is a fresh equity sale of 1.18 crore shares, an ...Read More >
A sustained buying in Adani Group stocks during the last 3 trading sessions has erased most of the losses for its investors. The combined market capitalization of all 11 listed Adani stocks was at Rs 1.37 lakh crore in the afternoon and needs a rally of another Rs 60,000 crore to erase all the loss that investors suffered on November 21. After the United States Department of Justice and the US Securities and Exchange Commission (SEC) issued an indictment and a civil complaint, respectively, in ...Read More >
Mumbai (Maharashtra) [India], November 28: Pioneering furniture fittings solutions brand Hettich India is proud to announce that it has been officially certified as a Great Place to Work, a recognition that celebrates the company's unwavering commitment to creating an ecosystem where everybody thrives. Also Read | Diljit Dosanjh Concert in Kolkata 2024: Planning to Attend Dil-Luminati Tour, Don't Miss These 5 Must-Try Local Foods. This honor is especially meaningful, with an overwhelming 95% p ...Read More >
Maintaining consistent sustainability practices across different regions requires a strong commitment to both local and global standards, says Pranay Pasricha, Brand and Marketing Head India, Pakka Limited.With the world moving towards energy efficient manufacturing practices, India too has come a long way in this area. Companies such as Ayodhya-headquartered Pakka which is into regenerative food packaging are showing the path to others. In an interaction with ET Digital, Pranay Pasricha, Brand ...Read More >
Rakesh Jhunjhunwala's remarkable rise from Rs 5,000 to a fortune of Rs 40,000 crore is epitomized by Rare Enterprises, founded with his life partner, Rekha. Their partnership was sealed by fate after a serendipitous meeting.An investor with a midas touch, Rakesh Jhunjhunwala's journey from mere Rs 5,000 to a staggering Rs 40,000 crore, is a stuff of legends. At its heart lies Rare Enterprises -- named after Rakesh and his life partner, Rekha -- a true testament to the partnership that powered hi ...Read More >
FACT CHECKThe slain lawyer was not defending Chinmoy Das; he was part of the Chattogram Bar Association Several news outlets have falsely claimed that a lawyer who was representing arrested Hindu priest Chinmoy Krishna Das Brahmachari was killed in clashes that took place at Bangladesh's Chattogram Court premises on November 26. BOOM was able to confirm that the slain lawyer Saiful Islam, who was a member of Chattogram Bar Association, was not representing Chinmoy Krishna Das Brahmachari as hi ...Read More >
Talbros Automotive has secured orders totalling Rs 345 crore, including Rs 131 crore in exports, primarily to Europe. The heat shield segment accounts for Rs 245 crore, with orders from multiple OEMs, while the gasket division contributes the remaining Rs 100 crore.Shares of Talbros Automotive Components, in which ace investor Dolly Khanna holds a stake, surged 15% on Wednesday after its joint venture secured orders worth Rs 475 crore for both the domestic and export markets from leading OEMs. ...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 >
India readies a sea change for domestic shipping as well as global shipping through key bills The centre will move the Merchant Shipping Bill, 2024 and Coastal Shipping Bill, 2024 for consideration and passing during the winter session of parliament. These key legislations are aimed at holistic growth of Coastal Shipping and reducing the compliance burden for ships under the Indian flag. "The Merchant Shipping Bill deals with implementation of India's obligations under various International Co ...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 >
The steelmaker informed that it will reduce 5,000 jobs by 2030 and a further 6,000 jobs will be let go of via the sale of business activities or transfer to external service providers.Source : Thyssenkrupp Thyssenkrupp Steel Europe (TKSE) is planning to slash its workforce by roughly 40 per cent, the firm said on Monday. The steelmaker is looking to layoff nearly 11,000 workers as it announced a major restructuring move. The firm is a division of Thyssenkrupp AG and is the largest steelmaker i ...Read More >
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