Gensol Engineering Limited, a company specializing in solar power engineering, procurement, and construction (EPC) services, on Monday announced that it has secured a significant EPC contract from renowned Public Sector Undertaking for development of 275MW Solar PV Project at RE Solar Park, Khavda Rann of Kutch, Gujarat. In a regulatory filing, the company said that
The markets are under pressure. The Nifty 50 slumped 1.6%, or over 400 points, to as much as 23,601.50. While the BSE Sensex plummeted more than 1,200 points, or 1.6%, to as low as 77,959.95. The broader markets are down over 2% with the Nifty Midcap Index hovering around 56,750. Here are 4 reasons why the
Oil prices reached their highest levels since October on Monday as investors are focused on global fuel demand, Beijing economic stimulus and cold weather conditions in the Northern Hemisphere. As per latest report, Brent crude was up by 15 cents to $76.66 a barrel and US West Texas Intermediate crude climbed 22 cents at $74.18
The IPO market in India has kicked off with full fledge this year, with plenty to look forward to keeping investors with an action-packed week ahead. From mainboard IPOs to small and medium enterprises (SMEs) making their debut, this week alone, 7 IPOs are set to open for subscription, while several others gear up for
Padma Shri Jitender Singh Shunty on Thursday joined the Aam Aadmi Party (AAP) in the presence of Arvind Kejriwal in Delhi. Shunty, who was elected as an MLA from Shahdara from Bhartiya Janta Party in 2013, is the founder of NGO Shaheed Bhagat Singh Seva Dal. His NGO helps to cremate unclaimed bodies. Joining the
While the consumer durable and electronics industry posted a double digit growth in 2024, it is poised for remarkable growth in 2025, driven by adoption of premium, value added, feature-led products and will be fueled by policies like the Production-Linked Incentive (PLI) scheme on the supply side. Per industry leaders, the segment has long been
Domino’s India operator Jubilant Foodworks on Monday announced the company business update for the quarter ended December 2024 with a growth of 56.2 per cent on-year growth in consolidated revenue from operations at Rs 2153.20 crore. This also includes the acquisition of DP Eurasia, the exclusive master franchisee of the Domino’s Pizza brand in Turkey
The GMP price of an IPO always gets investors talking before the issue opens. It is the same story with the Quadrant Future Tek IPO, which has already created a buzz in the market even before it officially opens. A mainboard issue, Quadrant Future Tek IPO is set to open for its three days of
A term insurance plan under the Married Women’s Property (MWP) Act will ensure financial protection of the insured’s wife and children in his absence. The insurance pay-out will only go to them and no creditor of any outstanding loan of the insured can stake claim on the amount. In case a woman is opting for
Zomato will not launch private labels and Blinkit’s quick food delivery platform, Bistro, operates independently without using any data from its Gurugram-based parent, Blinkit CEO Albinder Dhindsa clarified on Friday. The statement comes a day after the National Restaurant Association of India (NRAI) announced plans to take legal action against platforms like Zomato for allegedly
Infosys has escalated its legal battle with Cognizant by filing a counter-lawsuit in a US court. The lawsuit accuses the Nasadq-listed Cognizant and its CEO, Ravi Kumar, of engaging in anti-competitive practices and misusing sensitive information to undermine Infosys Helix, its flagship healthcare platform. The allegations were reported by Moneycontrol and mark a significant development
In a move that will bring relief to foreign portfolio investors (FPIs), the Securities and Exchange Board of India (SEBI) has proposed a doubling of the additional disclosure threshold for FPIs with an exposure of Rs 25,000 crore. The suggestion – to raise the floor to Rs 50,000 crore of equity assets under management –
Maha Kumbh Mela 2025: Days before the start of the world’s largest religious congregation ‘Maha Kumbh 2025’, digital payment app PhonePe, in partnership with ICICI Lombard General Insurance, has launched a first-of-its-kind insurance coverage for devotees travelling to Prayagraj. The insurance plan is designed for travellers attending the upcoming Maha Kumbh Mela from January 13
