The Aam Aadmi Party (AAP) has signalled its intention to contest a couple of seats in the upcoming Maharashtra Assembly elections, slated for November 20. While AAP is part of the opposition’s INDIA bloc, which includes Shiv Sena (UBT), Congress, and NCP (SP) under the Maha Vikas Aghadi (MVA), it may stake claims where it
Maharashtra Chief Minister Eknath Shinde expressed confidence that the ruling Mahayuti coalition will secure a “thumping” majority in the upcoming assembly elections, drawing parallels to the BJP’s strong performance in Haryana. Speaking to reporters late Thursday at the Pune airport after returning from Chandigarh, where he attended the swearing-in of Haryana CM Nayab Singh Saini
Godrej Consumer Products (GCPL) on Monday inaugurated its first integrated greenfield manufacturing plant in Chengalpattu district on the outskirts of Chennai, with an investment of Rs 515 crore. The facility has the potential to generate 1,000 direct and indirect jobs. Speaking on the sidelines, the company’s MD & CEO, Sudhir Sitapati, said the slowdown in
Direct-to-consumer (D2C) skincare brand Minimalist, recently acquired by Hindustan Unilever (HUL) for Rs 3,000 crore, will leverage the FMCG firm’s vast distribution network to scale up both its domestic and international presence. The deal, which aligns with Minimalist’s expansion goals, will provide the resources needed for growth in manufacturing, research and development (R&D), and offline
The addition of demat accounts in February fell to a 21-month low at 2.26 million even though their total number surpassed the 190 million mark, according to data from CDSL and NSDL. As the stock markets have entered a correction phase since late September, the monthly addition of new demat accounts also showed a declining
Goldman Sachs has reduced its 12-month target for the Nifty by around 5.6% to 25,500 from the previous target of 27,000, representing around 12% potential upside from Monday’s level of 22,460. Goldman’s three-month target for the NSE benchmark is 23,000 and it expects the indice to touch 24,000 in the next six months. ALSO READAfter Goldman
India added 25.2 gigawatt (GW) of solar power capacity in the calendar year 2024, significantly higher than 8.3 GW installed in 2023, as per Mercom’s recent report on solar market. The market witnessed record installations last year surpassing annual capacity additions of all previous years. During last year, 22 GW of large-scale solar projects were
