India Financial News

Ashapura Minechem Ltd.(up 4.29%), Aro Granite Industries Ltd.(up 2.44%), Pokarna Ltd.(up 2.15%), Madhav Marbles & Granites Ltd.(up 1.18%), Sandur Manganese & Iron Ores Ltd.(up 0.60%), The Orissa Minerals Development Company Ltd.(up 0.52%) and Lexus Granito(India)Ltd.(up 0.46%) stood among the top gainers.

On the BSE, Dhyaani Tile & Marblez(down 18.57 per cent), Kamdhenu Ventures(down 9.99 per cent), Arnold Holdings(down 9.99 per cent), Soma Textiles(down 9.98 per cent) and Intellivate Cap(down 9.95 per cent) stood among the top losers in today's trade.

IIFL Home Finance plans to raise up to 30 billion rupees ($358 million) through a public issue of bonds, according to a draft shelf prospectus filed by the company on Tuesday. Trust Investment Advisors and IIFL Securities are the lead managers to the home finance company's issue, which is rated AA by Crisil and India Ratings.

NCLAT) has upheld the tribunal’s order to approve the SKS Power Generation (Chattisgarh) Ltd’s acquisition by BSE-listed Sarda Energy & Minerals Ltd (SEML). The unsuccessful bidders of SKS Power Generation (Chattisgarh) including Torrent Power Ltd, Jindal Power Ltd and Vantage Point Asset Management Pte. had approached the appellate tribunal to challenge the lower tribunal’s order. “We do not find that any sufficient grounds have been made out within the meaning of Section 61(3)(ii) of the IBC to interfere with the decision of the adjudicating authority (NCLT) approving the resolution plan of Sarda, in these appeals filed by unsuccessful resolution applicant,” observed the bench preceded by Justice Ashok Bhushan and technical members Barun Mitra and Arun Baroka.

Shares of Granules India Ltd.(up 3.68 per cent), Mankind Pharma Ltd.(up 2.32 per cent), Biocon Ltd.(up 2.08 per cent), Alkem Laboratories Ltd.(up 1.63 per cent) and Laurus Labs Ltd.(up 1.23 per cent) ended the day as top gainers in the pack.

Avaada Group on Tuesday announced plans to invest Rs 1 lakh crore in Rajasthan in the renewable energy industry. The planned investment will fund major green energy initiatives, including a 1.2 GW-pumped hydro storage project, a 1 MTPA-green ammonia project, a 1 GW-wind power project, and a 10 GW-solar power project, the company said in a statement. These projects will come up across Jhalawar, Kota, Barmer, and Bikaner. These are expected to generate massive employment opportunities, promote green manufacturing, and significantly boost Rajasthan's contribution to India's renewable energy targets, Avaada Group said.

Ola Electric logged its lowest monthly sales this year in September, government data showed, as the SoftBank-backed firm sees its dominance eroded by smaller competitors and servicing network challenges. Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month. Its falling month-on-month sales has seen its market share decline for five straight months to 27% in September, from over 50% in April, the data showed.

Subscribe to enjoy similar stories. Vidhya Ramachandran, a Chennai home-maker, is busy prepping for Navratri, when golu (figurines and dolls) are displayed in a step arrangement, depicting scenes from mythology, culture and daily life. She is also planning the daily naivedyam (offering), of which sundal is a staple.

Subscribe to enjoy similar stories. When Justice B.N. Srikrishna first introduced the concept of data localization into the draft data protection law he proposed in 2018, I was not in favour of it.

Subscribe to enjoy similar stories. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to an eight-month low of 56.5 in September from 57.5 in August. A reading of 50 separates expansion from contraction.

Subscribe to enjoy similar stories. Bharat Forge Ltd’s growth engine appears to be chugging along, though not without a few bumps. While its defence business is on a good footing, the auto segments, particularly overseas, are fighting an uphill battle.

Subscribe to enjoy similar stories. Humanity across cultures has always been fascinated by mythologies and hero archetypes of various shades.

Subscribe to enjoy similar stories. Imagine a world where waste is transformed into valuable resources, reducing landfill clutter while fuelling industries from construction to automotive. This isn’t a distant vision—it's happening now.

Pune losing her life to work stress and burnout has once again raised concerns about India’s workplace culture. In the current employment landscape, where the hustle culture or “always available” attitude is promoted, employees are receiving the impression that the only way to succeed is to sacrifice their personal lives and disrupt their work-life balance. However, engaging in such a practice for a long period can lead to devastating consequences. While many organisations continue to claim that they have supportive policies for employees in place, it’s important to know what is the ground reality and what can be done to completely eliminate the possibility of such episodes.

Rahee Infratech Limited, an integrated railway civil engineering, manufacturing, and construction company in India, has filed its draft red herring prospectus (DRHP) with the market regulator SEBI to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 2 per equity share is a mix of fresh issues of up to Rs 420 crore and an offer for sale of up to 2.7 million equity shares.

bilateral meeting with Jamaican counterpart Andrew Holness in New Delhi. The bilateral meeting was followed by delegation-level talks between the two leaders. Visiting Prime Minister of Jamaica met PM Modi at Hyderabad House here in the national capital earlier today.

Sahasra Electronics Solutions IPO allotment by logging into the official website of the registrar, which is Link Intime India in this case. Follow the step by step process mentioned below to check the status of allotment.

Gandhi Jayanti. Accordingly, all the segments including, the equity, derivative, and SLB will be closed. The multi-commodity exchange will also be closed for both morning and evening sessions.

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Subscribe to enjoy similar stories. When the Supreme Court of India intervened in 1998 to address the growing problem of vehicular air pollution in Delhi—which subsequently expanded to other cities—by ensuring access to CNG as a fuel, it provided much needed relief to urban India.