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
The GIFT Nifty indicates that the BSE Sensex and NSE Nifty 50 are likely to open lower on Monday, January 6. Indian stock markets ended in the red on January 3. The Sensex dropped 720.60 points or 0.90% to settle at 79,223.11, while the Nifty lost 184 points or 0.76% to close at 24,004.75. Similarly
The central government has received a new proposal to reduce the timeframe for the restoration of commuted portion of pension from 15 years to 12 years. The Confederation of Central Government Employees and Workers, which represents about 7 lakh staff across various central departments, last week shot off a letter to Union Cabinet Secretary TV
Leo Dry Fruits and Spices Trading, a company engaged in the business of manufacturing and trading dry fruits and spices under the VANDU brand, and frozen and semi-fried products under FRYD, opened its IPO on January 1, 2025, and concluded on January 3, 2025. After three days of the bidding process, the allotment of shares
Indo Farm Equipment IPO shares are all set to hit the bourses on January 07. The company’s stock was fetching a premium of 42% in the grey market to its issue price a day ahead of listing, indicating a listing price of around Rs 305. The grey market is an irregulated palace to change hands
Funds raised from the capital markets, including via equity and debt instruments, are expected to rise nearly 21% year-on-year to Rs 14.27 lakh crore in FY25, Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch said on Friday. Total capital formation has reached Rs 10.7 lakh crore so far this fiscal, with Rs
Despite missing Street estimates on the revenue and net profit front in its October-December earnings, analysts have viewed the company’s performance with a cautious optimism. The company’s commentary on the revival of discretionary spending and its robust order book are key drivers behind this sentiment. However, analysts remain vigilant about the challenges of total contract
By Chaitali Dutta How should I apply for a loan against my mutual funds? Will the interest rate be lower than that of a personal loan?—Arvind Iyer Yes, you may look for a loan against securities like your mutual funds. However, the loan amount will be about 50% of the value of the equity schemes
The country’s largest organised retailer, Reliance Retail, may be back on the growth path in the third quarter of the current financial year backed by festive demand, sector analysts said. Parent Reliance Industries (RIL) is set to declare its financial results on January 16. In the result preview ahead of RIL’s earnings next week, global
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
