Zeeshan Siddique joins NCP: Zeeshan Siddique, son of former Maharashtra minister Baba Siddique, on Friday joined the Nationalist Congress Party (NCP) faction led by Deputy Chief Minister Ajit Pawar, following his father’s footsteps. The party also announced its list of seven candidates for the upcoming polls and has fielded Zeeshan Siddique as their candidate from
Following a reduction in allocation under the Administered Price Mechanism (APM), the gas procurement cost of city gas distribution (CGD) companies is set to increase by Rs 2-3 per kilogram (kg). These companies get priority gas allocation at reduced prices under APM from legacy gas fields for the domestic compressed natural gas (CNG) and piped
During the festive season in India, consumer enthusiasm reaches a peak as celebrations bring an upswing in spending, often fueled by annual bonuses and a buoyant spirit. In line with this optimistic mood, many banks and financial institutions seize the opportunity to roll out special home loan offers aimed at attracting eager homebuyers. From reduced
Go to Live UpdatesWaaree Energies IPO Listing 2024 Live: The Waaree Energies IPO is showing a robust gray market premium (GMP) ahead of its listing on October 28. The IPO has been oversubscribed nearly 80 times, with investors able to check their allotment status on the registrar’s website. Waaree Energies aimed to raise Rs 4,321.44
With gold priced at Rs 78,490/10 gm, and GenZs preferring lightweight jewellery, demand for low-carat gold is booming. No wonder, the government recently notified that 9-carat gold jewellery will also be hallmarked by end of the year. Major players like Malabar Gold and Diamonds, Kalyan Jewellers, Mia by Tanishq and others are betting on lightweight
NPS Calculator: The Centre recently launched an NPS (National Pension System) scheme for minors. The scheme called NPS Vatsalya, to be regulated by the Pension Fund Regulatory Development Authority (PFRDA), is also a retirement investment plan, the extended version of NPS. Under the NPS Vatsalya plan, parents can deposit on behalf of their minor children
India’s luxury real estate market is experiencing a significant influx of buyers, driven by a growing demand for high-end properties. Various factors, such as economic expansion and evolving consumer preferences, have contributed to an increase in sales within major urban centers. A report from CBRE indicates that there was a remarkable year-on-year sales growth of
Dhanteras Diwali 2024: The festival of Dhanteras holds special significance in Hinduism, it is celebrated as a symbol of wealth and health. This day is related to Lord Dhanvantari, who appeared with Amrit Kalash during the churning of the ocean. Since then the tradition of celebrating the festival of Dhanteras started. Dhanvantari is considered to
Investment by the Union government agencies and the central public sector enterprises (CPSEs) fell 10% on year to Rs 4.41 lakh crore in April-November of the current financial year as Railways and National Highways Authority of India (NHAI) were yet to regain the capex pace after election-induced slowdown. Railways and NHAI’s investments are largely funded
Power transmission developer Sterlite Grid 32 Ltd (SGL32) on Monday announced securing Rs 2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project. The funds for refinancing were raised from the National Bank for Financing Infrastructure and Development (NaBFID) and India Infrastructure Finance Company Limited (IIFCL). This is the first
Mumbai-based real estate developer Macrotech Developers (also known as Lodha Group) on Monday said it has achieved best ever quarter pre-sales of Rs 4,510 crore, showing 32% YoY growth in Q3FY25. With this, it has achieved pre-sales of Rs 12820 crore in 9mFY25 showing 25% YoY growth. Also ReadJockey India licensee Page Industries appoints Karthik
Reliance Consumer Products (RCPL), the fast-moving consumer goods arm of Reliance Industries, launched Raskik Gluco Energy on Monday, stepping into the hydration category. The foray will see RCPL take on players such as Tata Consumer Products, which has Tata Gluco Plus, and Dabur, which recently launched Dabur GlucoPlus-C priced at Rs 10 for a 160-ml
The SKA Group has launched its ultra-luxury housing project SKA Divine in Wave City, Ghaziabad. The group intends to invest Rs 150 crore in this project and anticipates generating Rs 900 crore in revenue. Located along the Delhi-Meerut Expressway, the development spans approx. 5 acres, featuring 536 premium apartments across 27 floors in 3 towers
