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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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Big pension reform: Divorced daughter can claim father’s pension!

The Modi government has introduced a slew of reforms over the past many years to ensure social security for all citizens, with special focus on the marginalized section of society. Many reforms have been initiated in the pension sector to cater to the post-retirement needs of people irrespective of their work status. The government has

Forever 21 files for bankruptcy for second time in 6 years, brand to conduct liquidation sales

US-origin Fashion brand, Forever 21’s operator F21OpCo filed for Chapter 11 bankruptcy on Sunday. This is the second time in six years the retailer has taken the decision amidst withering sales. As Forever 21 fails to remain profitable, the company said the liquidation sales at their stores will soon follow. In the ever-increasing e-commerce market

Religare Enterprises commissions governance review, says will approach Burman Group for funding 

Religare Enterprises (REL) on Monday announced that its board has commissioned a governance review of REL and its subsidiaries, namely, Religare Finvest Limited (RFL) and Religare Housing Development Finance Corporation Limited (RHDFCL). For conducting the review, the company board has resolved to engage a law firm M/s Trilegal who would be assisted by M/s Grant

Amazon eyes India IPO, in talks to spin off country division: Report

World’s largest e-commerce company Amazon is considering spinning off its India business and listing it on the domestic stock market, YourStory reported. If executed, this move would allow Amazon to solidify its presence in one of the fastest-growing digital marketplaces while navigating India’s strict e-commerce regulations. The Seattle-based giant, currently the second-largest player in India

Jefferies initiates coverage on Waaree Energies, Patanjali Food and Sai Life Sciences

International brokerage firm, Jefferies has initiated coverage on three stocks. They have a Buy rating on Patanjali Foods while the rating on Waaree Energies and Sai Life Sciences. Here is a quick look at the target price of these three stocks. Jefferies on Patanjali Foods Jefferies initiated coverage with a Buy rating and a target