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₹9,310 crore, valuing the promoters’ stake at about ₹4,650 crore. Private equity (PE) firms are most likely to be interested in the asset, given that VIP Industries is much larger than its Indian rivals, except Safari Industries, the first person cited above said. Rising incomes, an expanding travel infrastructure, and online bookings have fuelled a surge in travel among Indians, resulting in heightened demand for luggage.

NIA) on Monday arrested a top Maoist leader as it carried out raids at 62 locations across Andhra Pradesh and Telangana in the CPI (Maoist) conspiracy case, an official said. The day-long searches, which were conducted mostly in Andhra Pradesh, also led to the recovery of weapons, cash and incriminating documents, a spokesperson of the federal agency said.

Westpac has grown its mortgage book ahead of its rivals for the third month running, accelerating competition between retail banks where margins are already under intense pressure.

Santos and Vasco de Gama. Santos were 3-1 up and 10 minutes into the second half, when winger Soteldo decided to have fun. When he received the ball on the left-hand side of the pitch, the winger jumped up on top of the ball and remained there for several seconds instead of picking out a pass.

Rohit Bansal, co-founder of Snapdeal and Titan Capital, on what travel has taught him.

Gautam Adani's group is planning to build 10 GW of integrated solar manufacturing capacity by 2027, as it looks to capture energy transition business, sources close to the company said. Adani Group currently has a solar manufacturing capacity of 4 GW.

MAS Financial Services, a micro, small and medium enterprises (MSME) financer, has gained 16% over the past three months compared with the 1.4% gain in the S&P BSE Financial Services index. The company has been reporting healthy growth momentum in loan assets and a stable asset quality. With a focus on direct distribution, the lender expects to double the loan book every three-four years.

Airbnb to a feature that customers have long requested with a loyalty program. And in September, New York City vastly tightened its rules on short-term rentals, nearly squeezing Airbnb out of a market that in the early days represented roughly 80% of its business. Never mind the increasing strictness of return-to-office policies, which has hampered the flexibility that spurred Airbnb’s business in the pandemic years.

₹0 per share, as per market observers. This indicates that Manoj Vaibhav share price was trading flat at its issue price, without any premium or discount, in the grey market on Monday ahead of listing. Manoj Vaibhav shares have lost all the premium it was commanding in the grey market before the IPO.

Sunil Subramaniam, MD & CEO, Sundaram Mutual, says from an economic news perspective, I do not see any surprises. We are in a festival season and this time we have a slightly elongated festival season with Diwali coming in around mid-November. That is good news from the consumer section, consumer durables and auto and housing sectors and that is good news for the markets. At the same time, the state assembly elections in key Hindi belt states will provide a little bit of a clue in terms of the next coming parliamentary election. While they will not have a significant impact because voters behave differently in parliament, the markets will be a bit sensitive if those elections do not go the way of the ruling party at the Centre. What is your view on the market? Right now we were cruising around that 20,000 mark headed for higher levels and then suddenly back to 19,500? Yes, it is just a reflection of stuff happening outside India in terms of oil prices strengthening as well as the US Fed being hawkish in terms of the interest rate outlook and their actions. These two tended to be a bit negative for emerging market flows and India especially is very sensitive to oil. We import 85% of our crude and hence any movement trend around oil makes a big impact.

Also Read: Stock market holiday: BSE, NSE to remain closed today for Mahatma Gandhi Jayanti JSW Infrastructure IPO will be the second after RR Kabel IPO that will list in the T+2 timeline. JSW Infra IPO was opened from September 25 to September 27. The IPO share allotment was finalised on September 28.

Also Read: Gandhi Jayanti 2023 LIVE Updates: 'Mahatma Gandhi's impact is global,' says PM Modi 2. An eye for an eye will only make the whole world blind The quote, "An eye for an eye will only make the whole world blind," is often attributed to Gandhi, but there is no concrete evidence that he actually spoke these words, as per the Yale Book of Quotations. In the 1982 biographical film "Gandhi," actor Ben Kingsley, portraying Gandhi, delivers this line, but there is no documented historical record of Gandhi himself using these exact words.

In percentage terms, sales rose by a modest 2% during the month, hemmed in by a high year-earlier base which saw robust post-pandemic pent-up demand. Companies mostly report wholesale dispatches from plants to dealerships and not retail sales to customers. While demand for sport-utility vehicles remained robust amid a spate of new launches, there continued to be some pressure on sales on entry-level cars. Senior industry executives, however, are optimistic that the demand momentum will sustain and lift sales across segments this festive season. Shashank Srivastava, senior executive officer (marketing and sales) at market leader Maruti Suzuki said monthly sales of passenger vehicles reported the best-ever performance for the ninth straight month in September. Half yearly sales too crossed the two-million mark for the first time as consumer demand remained buoyant.

Automakers in India set a record in monthly sales selling 363,733 cars and sport-utility vehicles in September as they accelerated dealer dispatches from factories to build stocks ahead of key festivals of Dussehra and Diwali. Sales rose by a modest 2% during the month, hemmed in by a high year-earlier base which saw robust post-pandemic pent-up demand. While demand for SUVs remained robust amid new launches, there continued to be some pressure on sales on entry-level cars. Senior industry executives, however, are optimistic that the demand momentum will sustain and lift sales this festive season. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki, said monthly sales of passenger vehicles reported the best-ever performance for the ninth straight month in September.

₹42,999 for one-way and ₹52,999 for return. Apart from this, Air India said that all-premium economy fares start from ₹79,999 for one way and ₹1,09,999 for return. It added that currently, Air India’s premium economy class is available to guests traveling on select routes: Bengaluru-San Francisco, Mumbai-San Francisco, and Mumbai-New York.

Click here! “The BJP govt shamelessly denied to provide a special train after accepting the deposit. This blatant obstruction of WB's right to protest for their rightful dues is a glaring testament to their FEAR," TMC national general secretary Abhishek Banerjee posted on X.

PTI citing sources. The firm has undertaken an exercise to reduce the workforce by about 3,000-3,500 in October by ending duplication in roles across the organization. "Think and Learn Private Ltd (TLPL) restructuring will see the current operations spread across several business units streamlined into four core areas of K-12, test prep, online, and hybrid.

Tata Housing will launch 10 million square feet of residential projects over the next 2-3 years with an estimated revenue of Rs 16,000 crore to encash strong consumer demand, a top company official said. In an interview with PTI, Tata Realty and Infrastructure Ltd MD & CEO Sanjay Dutt sounded very bullish about the growth potential in India's housing market and said the company would be launching several projects to tap this rise in demand. «We are launching 10 million square feet residential projects across various cities with a topline of roughly Rs 16,000 crore.» Tata Realty and Infrastructure Ltd (TRIL) is a 100 per cent subsidiary of Tata Sons.

Five days before the worldwide launch of The Fall, writer Michael Wolff’s vicious deconstruction of the Murdoch family and its Fox News machine, Rupert Murdoch stepped down as chairman of both Fox Corporation and News Corp. Wolff claims some credit for that.

₹16,026cr on 27th Sept while net inflow from DIIs is ₹14,230cr as on 21st Sept. During this month, selling was also noticed at HNI’s desk especially in the mid & small counters. Maybe contemplating to book profit after the solid performance of the category in FY24 during April to August.

World Cup is driving up bookings for accomodations in host cities, specially where India is slated to play, thereby pushing up room tariffs, according to travel and hospitality players. Ahmedabad, Hyderabad, Bangalore, Delhi, Kolkata and Dharamshala are among the cities which have witnessed a surge in demand, as per booking trends of MakeMyTrip, OYO and Yatra Online.