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 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 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 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
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
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
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
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
Edtech giant Physics Wallah has confidentially filed for an initial public offering (IPO) that could raise as much as $500 million, according to a report by IFR. The company in October 2024 said it might launch a $400-500-million IPO in 2025. If the public issue is launched, Physics Wallah will be the first pure-play edtech
Advance tax collections from the corporate sector, other firms and individuals in the current fiscal stood at Rs 10.45 lakh crore as on Sunday, up 14.6% on year. In the corresponding period of last fiscal, these collections — a proxy of corporate profitability and the state of the economy — stood at Rs 9.11 lakh
The four new companies formed after the restructuring of Vedanta have the potential to be $100 billion firms each, chairperson Anil Agarwal has said in a letter to shareholders. He has also highlighted the potential of the natural resources sector, both in India and global economies.“While Vedanta currently contributes close to 1.4% to India’s GDP, there
Fast-moving consumer goods (FMCG) companies are asking for a separate law to govern beauty and personal care (BPC) products, saying current regulations under the Drugs and Cosmetics Act 1940 impede growth. At present, the making of soaps, skin care, hair care, oral care and cosmetic products, much like drugs, is regulated under a system of
E-commerce major, Amazon, is exploring the possibility of spinning off its India operations and listing it, according to industry sources. The company, which is the second largest player in the e-commerce sector, behind Flipkart, has initiated preliminary talks with investment banks to assess the feasibility of such a move, sources added. According to a report
