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8th Pay Commission: Minimum salary of central govt employees to be raised to Rs 51480? Check calculation

8th Pay commission News: As the 7th Pay Commission is about to complete 9 years and enter the final phase of its tenure (as past Pay Commissions have typically lasted 10 years), there is a lot of buzz surrounding the formation of the 8th Pay Commission. Around 1.2 crore central government employees and pensioners are

Nifty entry hopes lift Jio Financial, Zomato

Shares of Jio Financial Services and Zomato ended with major gains on Thursday in anticipation of their entry in the Nifty 50 after the National Stock Exchange (NSE) announced the launch of derivatives contracts on the stocks. Jio Financial Services was the biggest gainer among Nifty 100 companies as it ended the day 6.8% higher

KTM launches its big bikes in India — KTM 1390 Super Duke R to potent 890 Adventure R

KTM, after much debate online over the last few days, has finally launched its range of big bikes in India, which includes the range-topping KTM 1390 Super Duke R to the 1290 Adventure S and the potent 890 Adventure R. In total, KTM has launched 10 motorcycles, which are all new for India. KTM big

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

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BluSmart denies reports of acquisition discussions with Uber

EV cab aggregator BluSmart has denied reports of being in discussions or negotiations with Uber regarding a possible acquisition. A spokesperson from BluSmart told CNBC TV18 that reports suggesting such a development are entirely speculative and unfounded.  The company spokesperson further maintained that BluSmart remains focused on scaling its operations, expanding its footprint, and driving

Welspun Corp bags new orders worth Rs 2,400 crore for supply of coated pipes in the US

Welspun Corp Ltd on Monday announced that it has received a new order worth Rs 2,400 crore (approx) in the US. The order, it added, is for supply of coated pipes for Natural Gas Pipeline Projects in the USA.  In a regulatory filing, the company said that the orders will be executed largely during FY26

Can the Nifty scale past 23,000 this week? A look at key levels to watch

All eyes are on the market levels this week after the Nifty failed to close above 22,500 last week. Positive global cues are expected to boost sentiment. Market participants have noted that the Nifty 50 needs to jump above the 22,500 mark decisively for an uptrend as this has become a key resistance level while

Upcoming Dividend, Bonus, Stock Split: From PFC to IRFC, A look at key corporate action this week

For stock market investors, few things are as exciting as corporate rewards such as dividends landing in their accounts, extra shares through bonuses, or stock splits making pricey stocks more affordable. And this week, there is a lot happening on that front. Some of the most watched stocks include Indian Railway Finance Corporation (IRFC), Power

Upcoming IPOs: 1 mainboard, 3 SME issues open for subscription this week, 2 new listings to hit the market

The IPO market is back in action. After a relatively quiet spell, the primary market is heating up again with four new public issues set to open for subscription this week. Investors can look forward to one mainboard IPO and three SME IPOs hitting the Street, while two recently concluded issues will make their market