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buy call on Senco Gold with a target price of Rs 1,450. The current market price of Senco Gold is Rs 1,053.75. Senco, incorporated in 1994, is a Small Cap company with a market cap of Rs 8642.84 crore, operating in the Gems and Jewellery sector. Senco Gold Ltd. key Products/Revenue Segments include Diamonds/Gems/Jewellery and Other Operating Revenue for the year ending 31-Mar-2024.

GeM is a Section 8 company established under the administrative control of the Department of Commerce, Ministry of Commerce and Industry, for procuring goods and services by central ministries, State Departments, PSEs, and Autonomous Bodies. In India, the GeM has emerged as a game-changer in public procurement, creating an open and inclusive platform that benefits not just government buyers but also local entrepreneurs, startups, and small businesses.

Subscribe to enjoy similar stories. New Delhi: India’s micro, small, and medium enterprises have new definitions that promise to open doors wider for them this financial year as well as improve their chances of securing delayed payments faster.

government of India did not participate in any exercise related to the Corruption Perception Index, and took various measures to combat graft in pursuance of its commitment to "zero tolerance against corruption", the Rajya Sabha was informed on Thursday. The assertion came in response to a question whether the «government is aware that India's score on the Corruption Perceptions Index (CPI) 2024 declined to 38 points, ranking 96th out of 180 countries, as per the Transparency International report», and reasons behind it, among others. In a written reply, Union Minister of State for Personnel Jitendra Singh said, «No such surveys were conducted by any agency at the behest of the government of India.» Further, the government of India did not participate in any such exercise related to the Corruption Perception Index, Singh said. However, the government of India, in pursuance of its commitment to «zero tolerance against corruption», has taken several measures to combat corruption, which include systemic improvements and reforms to provide transparent citizen-friendly services and reduce corruption, the minister said. He cited the disbursement of welfare benefits directly to the citizens under various schemes of the government in a transparent manner through the direct benefit transfer (DBT) mode, implementation of e-tendering in public procurements, introduction of e-governance and simplification of procedures and systems besides the introduction of procurement through the government e-marketplace (GeM), as measures to check corruption.

Online gaming company Nazara Technologies has raised Rs 855 crore (around $100 million) through a preferential issue of over 89 lakh fully paid equity shares to a group of investors. The funding was led by SBI Mutual Fund, which invested Rs 220 crore, with participation from notable investors such as Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, CaratLane founder Mithun Sacheti, Jaipur Gems CEO Siddhartha Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments, and Aamara Capital. The fundraising, approved by Nazara’s board in September, increased the company’s paid-up equity share capital from Rs 30.6 crore to Rs 34.2 crore.

India International Trade Fair, an official statement said on Monday. The Government e-Marketplace (GeM) is an online platform that facilitates end-to-end procurement of goods and services by various central, state ministries, departments, organisations, public sector undertakings, panchayats, and cooperatives. The online portal was established with a clear objective to eliminate cumbersome and archaic manual public procurement processes that were riddled with inefficiencies and transparency-related issues. GeM is onboarding the Indian sellers and service providers by conducting an extensive registration drive at its pavilion at the India International Trade Fair (IITF), the commerce ministry said.

Kalyan Jewellers India Ltd. with a target price of Rs 570. The current market price of Kalyan Jewellers India Ltd. is Rs 501.75. Kalyan Jewellers India Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 51571.89 Crore) operating in Gems and Jewellery sector.

₹85 crore in Q4FY24 as against ₹91 crore in the corresponding quarter last year. The firm informed that its net profit was without considering the one-off exceptional item of MAT credit write-off of ₹12.51 crore. Read here: SBI shares extend gains as analysts remain bullish after upbeat Q4 results Meanwhile, its total revenue for the quarter under review fell 1.4 percent YoY to ₹612 crore on the back of the termination of the Government e-Marketplace (GeM) contract.

₹1.03 trillion till November 2023, resulting in production/sales of ₹8.61 trillion and employment generation of over 678,000. Third, several measures have been taken to improve the ease of doing business. These include liberalized foreign investment rules and the launch of a unified tax system, GST.

Gems and jewellery exports declined by 12.17 per cent to Rs 2,65,187.95 crore (USD 32,022.08 million) during 2023-24, compared to the previous financial year due to high interest rates in the US and slow recovery in China, Gem and Jewellery Export Promotion Council (GJEPC) data showed. Gems and jewellery exports in FY23 stood at Rs 3,01,925.97 crore (USD 37,646.17 million), according to GJEPC data. «The last financial year was very challenging for all product categories. This was mainly due to slowdown in the US, India's biggest export market in the segment, due to high interest rates. Also, slow recovery in China post Covid-19,» GJEPC chairman Vipul Shah told PTI. Meanwhile, the overall exports of Cut and Polished diamonds declined by 25.23 per cent during FY24 to Rs 1,32,128.29 crores (USD 15,966.47 million) compared to Rs 1,76,716.06 crores (USD 22,046.9 million) for the same period of previous year.

Titan Company with a target price of Rs 4300. The current market price of Titan Company Ltd. is Rs 3754.85. Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 333314.87 Crore) operating in Gems and Jewellery sector.

Ministry of Coal (MoC) has showcased exceptional performance in various key areas, surpassing targets and setting new benchmarks in the fiscal year 2023-24. According to a press release by the Ministry of Coal, through robust initiatives and strategic planning, MoC and its associated Public Sector Undertakings (PSUs) have made significant strides in capital expenditure (CAPEX), asset monetization, and procurement through Government e-Marketplace (GeM). MoC's CAPEX targets have witnessed a remarkable trend of overachievement in recent years. In the fiscal year 2023-24, MoC set a CAPEX target of Rs 21,030 Crore.

The collapse of the non-fungible token (NFT) market last year dealt a blow to OpenSea, raising questions about its once staggering $13.3 billion valuation.

NEW DELHI : The gross merchandise value (GMV) of state-run government e-marketplace (GeM) may be up by 75% and touch ₹3.5 trillion in the current financial year, as government departments have been busy procuring goods and services through the portal, two persons said. The expected GMV will be up by ₹1.5 trillion from the last fiscal’s ₹2 trillion.

Brookfield Asset Management Ltd. is in talks to invest in Dubai-based GEMS Education, one of the world’s largest private school operators, people familiar with the matter said.

Diablo Immortal Season 22, titled Plague Reaper, brings a slew of updates, including a new Battle Pass with various challenges and rewards. Here's a breakdown of what players can anticipate in this upcoming season. When Does Diablo Immortal Season 22 Start?

NEW DELHI : Goods and services procurement through the government e-market (GeM) portal is poised to reach ₹3.5 trillion by the end of this fiscal year, driven by heightened buying activities across ministries and government departments, a senior official said. In FY23, the procurement value stood at ₹2 trillion, surpassing the ₹1.06 trillion in the previous financial year. In FY24, it is estimated to cross ₹3.5 trillion, GeM chief executive P.K.

A combination of slowing inflation and weakening consumer strength is expected to result in significant earnings downgrades, leading to potential equity market drawdowns and defensive sector and style rotations, according to JPMorgan strategists.

As people look for a stable way to enter into the crypto market, this gold-backed digital ecosystem with a crypto token and NFTs offers a solution.

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

Titan Company with a target price of Rs 3209. The current market price of Titan Company is Rs 3161.3.