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Niva Bupa debuts at 6 per cent premium on NSE

Niva Bupa Health Insurance Company on Thursday made its market debut, listing at ₹78.1 on the National Stock Exchange (NSE), a 6% premium over its issue price of ₹74. However, the stock closed 5.23% down at ₹74.01. The ₹2,200-crore IPO comprised a fresh issue of shares worth ₹800 crore and an offer-for-sale (OFS) of up

Royal Enfield Goan Classic 350 specs leaked: What we know so far?

Royal Enfield is gearing up to launch the new Goan Classic 350 on November 23 at the annual event, Motoverse, in Goa. The Goan Classic will be the sixth 350 cc motorcycle in the Royal Enfield lineup. Here is all we know of the new 350 cc motorcycle based on Bikewale’s report.  Royal Enfield Goan

Ola in trouble: Consumer protection watchdog orders probe into 99.1% satisfaction claim

Ola Electric has been making headlines with the number of complaints about its electric scooter and the company’s service quality. Now, Bhavish Aggarwal-founded Ola is back in the news after the Central Consumer Protection Authority (CCPA) ordered a probe into the matter again. This time, the Bureau of Indian Standards (BIS) has been ordered to

‘Hyundai Always Around’ campaign announced for 2024

Hyundai India has announced the 2024 edition of ‘Hyundai Always Around’ campaign – a customer-centric initiative aimed at enhancing ownership experience. This one-day nationwide customer outreach program is scheduled for November 17, 2024, Sunday, for both — existing and prospective customers. Hyundai Always Around campaign — What is it? Customers can get their old car

Aarize Group unveils ultra luxury mall on Dwarka Expressway

The Aarize Group has unveiled Aarize The Tessoro, an uber-luxury mall in Sector 114, Dwarka Expressway. Positioned as the ultimate shopping and entertainment hub, The Tessoro introduces a bold new standard in super-luxury retail, offering a distinguished blend of international and domestic brands across fashion, entertainment, fine dining, and leisure, all within a lavish, world-class

Jeevan Praman Patra: Do EPS pensioners also need to submit digital life certificate before November 30?

All pensioners, including family pensioners, are required to submit their Digital Life Certificate (DLC) in order to get pension payments credited in their accounts on a monthly basis. The life certificate is popularly known as Jeevan Praman Patra. Like central and state government pensioners, employees retired from private sector organisations, who are withdrawing their pension

Q2FY25: Global Health Limited reports rise in profit by 4.5 percent to Rs. 130.82 crore Y-o-Y

Global Health Limited (Medanta) on Thursday announced its unaudited consolidated financial results for the quarter ending 30th September, 2024. The healthcare company posted a profit growth of 4.52 per cent for the fiscal second quarter at Rs 130.82 crore in comparison to Rs 125.16 crore during the corresponding quarter of FY24. The company reported revenue

NCR’s High-End Market: How strategic locations drive property value

Currently, the luxury real estate sector in the National Capital Region (NCR) is experiencing significant growth, driven by the interests of high-net-worth individuals and affluent buyers who are increasingly seeking residences that provide an exclusive and enhanced lifestyle. In the aftermath of the pandemic, the priorities of luxury homebuyers have shifted, with many now emphasizing

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High demand for adventure, once-in-a-lifetime trips

If sixty is the new forty, the travel industry is making the most of it, offering curated packages for the sexagenarians, septuagenarians and even octogenarians. From cruises to skiing, Europe to Japan, there is something for everyone, even a trip to Antarctica. Booking.com’s Travel Predictions 2025 suggest baby boomers (those born between 1946 and 1964)

Zetwerk IPO at least 15 months away: CEO

Contract manufacturing marketplace Zetwerk Manufacturing Businesses is eyeing an initial public offering (IPO) within the next 15 to 24 months, a senior company official said. “I don’t know if it (IPO) will happen this year. We are looking to file. We are doing all the preparation work, but I think 15 to 24 months is

E-commerce under fire; uncertified products seized in BIS raids on Amazon, Flipkart warehouse

The Bureau of Indian Standards (BIS) has conducted raids on warehouses operated by major e-commerce platforms, including Amazon and Flipkart, resulting in the seizure of thousands of uncertified consumer products, according to the consumer affairs ministry. Key seizures from Amazon and Flipkart  On March 7, BIS officials raided an Amazon warehouse in Lucknow, confiscating 215

Marcellus’ PMS AUM nosedives 64% since Oct ’22 – What went wrong?

Marcellus Investment Managers has seen its Portfolio Management Services (PMS) assets under management (AUM) decline sharply by 64% from Rs 12,704 crore in October 2022 to Rs 4,734 crore currently. The primary reason? Valuation missteps in stock selection, as acknowledged by the firm itself. In a post on social media platform X, Kanan Bahl, CA

Silver ETF AUM crosses Rs 13,500 cr in 3 years, says Zerodha Fund House

Since the Securities and Exchange Board of India (SEBI) permitted the launch of silver Exchange-Traded Funds (ETFs) in November 2021, these funds have witnessed remarkable growth. By January 2025, the total Assets Under Management (AUM) for silver ETFs surpassed Rs 13,500 crore, with over six lakh investor folios. As of that date, there are 12