Innovations Financial News

₹72 to ₹76 per share. At the upper end of the price band, the company plans to raise ₹14.25 crore from the book-built issue which is entirely a fresh issue of 18.75 lakh equity share. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹121,600.

Mark Holland, delivered a powerful message on Wednesday to tobacco companies attempting to market nicotine pouches to children: “Stay the hell away from our kids.”Speaking to reporters in Ottawa, Holland argued that flavoured nicotine pouches are attracting young Canadians into a dangerous addiction and emphasized the need for stringent regulations to protect the youth from the harmful effects of tobacco products.“I am seeking authority to restrict products so they are solely for the purposes of cessation,” he said. “We shouldn’t see flavours that are targeting kids, flavours like ‘Winter Berry Splash.’ We all see through it, we all what the intention is, and it’s over.“Whatever dark corner the tobacco industry crawls and creeps into to go after our children, whatever loophole they think they can find, they will meet me like an iron wall.”Nicotine pouches, positioned between the upper lip and gum, resemble Swedish-style snus but lack the tobacco leaf.

protest march and observed a half-day strike in Kargil on Wednesday to press for the demands of statehood and implementation of the sixth schedule of the Constitution in Ladakh. Kargil Democratic Alliance (KDA), a grouping of political, religious and social organisations, which had called for the protest march, announced a protest fast from March 24-27 to «convey their message to Government of India and people across the country». Locals marched from Fatimiya Chowk to Hussaini Park holding placards 'Save Ladakh, Restore Democracy'. KDA leaders addressed the gathering at Hussaini Park, reiterating their commitment to continue to fight for the «rights of the people of Ladakh». They expressed solidarity with award-winning innovator Sonam Wangchuk, who has been on a fast in Leh for the past 15 days for the same demands.

startup entrepreneur dedicated to revolutionising the agricultural sector through the countrywide adoption of electric tractors, I believe that GoI’s new EV policy will herald a transformative era in this new-age industry. The policy’s provisions, including duty concessions for companies investing a minimum of $500 mn in EV manufacturing units and mechanisms to reduce customs duties on limited imports of EV products, are poised to spur innovation in the EV sector. At the core of our startup’s mission lies a commitment to sustainability, efficiency and empowerment. We envision a future where tractor owners across the country will have access to cutting-edge tech that boosts productivity while minimising environmental impact. The introduction of new EV designs aligns perfectly with our vision, fostering an environment conducive to growth and development in the burgeoning EV market. The stipulated minimum investment requirement underscores GoI’s dedication to attracting capital into the EV sector. This framework not only bolsters investor confidence but also charts a clear path for both new and established players. The surge in the number of EV manufacturers in India since 2021, which stood at 380, highlights the growing momentum in the sector.

CCI ordered an investigation into Google's Play Store billing policies, saying that the tech giant has prima facie violated the Competition Act. It asked the director general to probe the issue and submit a report in 60 days. Google earlier offered the Play Billing System (GPBS), under which app developers could only offer the tech giant's own payment method for in-app purchases and were levied a commission of 15-30%. This was held uncompetitive by CCI in 2022. Following this, Google introduced user-choice billing system (UCBS). Under UCBS, apps could offer other payment methods, such as UPI, credit cards and net banking, but it would also attract a commission rate of 11-26%. Internet apps approached CCI, alleging that UCBS was GPBS in a newer avatar and violated CCI's earlier order. In its 21-page March order, CCI said that imposition by Google resulted in app developers having fewer resources to enhance or develop their app offerings, thereby constraining the growth of the app market.

Gruhas, Jubilant Bhartia Family Office, DLF Family Office, and Anthill Ventures are thrilled to announce the unveiling of the first cohort of Gruhas Gusto – a unique food and food tech accelerator program. This Cohort features seven remarkable startups poised to reshape the landscape of the food and food tech industry.

Aspire & Innovative IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Aspire & Innovative Limited will open for subscription on March 26, 2024 and fixed the price band for the issue today. The company is involved in sales and doorstep delivery of consumer durables products to un-banked and underbanked customer segments through commercial agreements with non-banking financial companies (NBFCs) and micro finance institutions (MFIs). Also Read: Blue Pebble IPO: Here's date, price band, size and other key details Aspire & Innovative IPO Details: Aspire & Innovative Advertising Limited has established a price band of ₹51 to ₹54 per share for the upcoming IPO.

₹18.14 crores through the issuance of 10.80 lakh new shares. The company has established a price band of ₹159 to ₹168 per share for its upcoming small and medium enterprise (SME) IPO. The shares of Blue Pebble IPO is proposed to be listed on the NSE Emerge, with a projected listing date of Wednesday, April 3, 2024.

Altcoins are popular in Crypto news right now, and there’s a good reason for it. Since the introduction of spot-bitcoin ETFs, these alternative cryptocurrencies have significantly outperformed Bitcoin and have been considered a good buy. In this article, we will learn about why the altcoins are making more news than the big players and why it is a good option to buy them in this volatile market. 

McDonald’s CEO will become chairman of the company’s board later this spring, the company said Tuesday

The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market.

LS Digital, a leading independent digital marketing transformation company, has launched CoMMeT, a technology for programmatic marketing that is specifically designed to ease the challenges faced by brands and advertising agencies during the media buying, optimisation, and measurement processes. According to the company, CoMMeT helps centralise and automate the complex media buying process. It is built using third-party and LS Digital's proprietary marketing tools, deploying innovations, integration of APls with ad technologies, AI, and advanced measurement for data-driven insights. CoMMeT is an acronym for Confluence of Media, Measurement, and Technology. Speaking at the launch of CoMMeT, Maanesh Vasudeo, Senior VP-Media Operations, LS Digital, said, “CoMMeT is an innovative technology for programmatic marketing that leverages the integration of various digital marketing products to bring together the best-in-class marketing solutions and measurement process for brand custodians, simplifying the programmatic adoption journey for brands.”

Also Read: Insider alert: Top 5 companies in which promoters are increasing their stake In contrast, India's agrochemicals market is expected to witness a higher CAGR of 6.0–6.5% by 2027–28, touching US$ 9.8 billion. According to the brokerage, the country's emergence as the second-largest exporter of agrochemicals globally is notable, driven by a surge in exports to key markets such as the USA and Brazil. It highlights that the regulatory reforms, technological advancements, and sustainability initiatives will be poised to further propel growth in the Indian agrochemicals landscape.

Startup Mahakumbh, Prime Minister Narendra Modi likened the spirit of entrepreneurship to the realm of politics. Emphasizing the essence of innovation and resilience, he underscored the disparity between traditional political ventures and the dynamic nature of startups. «Many people try to 'launch' startups, especially in politics, sometimes multiple times… The difference between you and them is that you're experimental. You try new ideas after the failure of one launch,» PM Modi said without taking any name. The dig was apparently made on Congress leader Rahul Gandhi. Rahul Gandhi's recent endeavors, including the Bharat Jodo Yatra and the Bharat Jodo Nyay Yatra, are perceived as strategic moves to rebrand himself and assert his leadership within the Congress party, particularly in the lead-up to the forthcoming General elections. Notably, Gandhi is poised to contest again from his current constituency, Wayanad.

Radisson Hotel Group said on Wednesday it has appointed Nikhil Sharma as the managing director and area senior vice president (ASVP) for South Asia, effective April 1, 2024. Radisson said in his new role, Sharma will lead Radisson Hotel Group’s operations in the South Asia region, which has over 165 hotels in operation and development. The chain said he will play a 'pivotal' role in strengthening the group’s leadership in the Indian market, nurturing relationships with its partners, driving revenue growth, and ensuring operational excellence.

NEW DELHI : India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. Addressing the audience at the Startup Mahakumbh on Wednesday, the prime minister highlighted unprecedented growth of India's startup culture.

IPL titles with the Rajasthan Royals and Chennai Super Kings. He won Player of the Tournament in the first season with the Royals.

Narendra Modi on Tuesday lauded the entrepreneurial spirit of India's youth, and said the startup ecosystem is flourishing at an unprecedented pace. «Through Startup India mission, the government has given a platform to innovative ideas, connected them to funding channels, established incubators in educational institutions,» PM modi said on the third day of Startup Mahakumbh at Bharat Mandapam.

Fintech Flourish is capturing a bigger share of Focus Financial Partners’ tech stack as it unveils a new partnership.

India will play a key role in Prime Video's strategy to acquire the next 250 million subscribers outside the United States (US), a top company official said at an event in Mumbai. Prime Video and MGM Studios Head Mike Hopkins highlighted India as a crucial market for the streaming platform. He also highlighted the growing popularity of streaming among Indian audiences. «As we look at the next 250 million subscribers that we're going to acquire, they are going to come from outside of the United States. And we're not going to be able to achieve that unless we do a really good job for customers in India as well,» Hopkins said in a conversation with film producer Karan Johar.

TVS Motor Company and Sun Pharma, on Tuesday launched the Indian Foundation for Quality Management, a not-for-profit company with an aim to foster a culture of quality and innovation within Indian businesses. Other members of the consortium are Motherson Group, Bharat Forge, Boeing India, and Biocon. The initiative under the Indian Foundation for Quality Management (IFQM) aims to propel the "Make in India" brand on the global stage, a statement by IFQM, a Section 8 not-for-profit company, said.