PAM Financial News
05.02 / 14:21
markets
Digital
Strategy
Experts
PAM
country
International
27 new foreign retail brands enter India in 2024 amid rising consumer demand for luxury items
JLL India highlighted that in 2024, 27 new brands of international origin entered India, nearly doubling from 14 in 2023.
05.02 / 14:21
markets
Digital
security
Strategy
Election
PAM
Three generations, one commitment: Families vote together in Delhi Assembly polls
democratic participation. As voting took place across 13,766 stations in the city's 70 Assembly constituencies, the electoral battle remained a triangular contest between the Aam Aadmi Party (AAP), the Bharatiya Janata Party (BJP) and the Congress.
05.02 / 14:21
markets
Digital
Strategy
Trade
President
Experts
PAM
Alibaba, PDD Holdings shares drop after US Postal Service suspends shipments from China, Hong Kong
Alibaba and PDD Holdings, which owns fast fashion brand Temu, saw a decline in premarket trading on February 5 after the United States Postal Service (USPS) announced an indefinite suspension of inbound parcels from mainland China and Hong Kong.
05.02 / 10:53
markets
Digital
Airlines
Strategy
PAM
information
Courts
Karnataka HC issues notice to banks on Vijay Mallya's plea seeking loan recovery details
Karnataka High Court on Wednesday issued a notice to banks in response to a petition filed by fugitive liquor baron Vijay Mallya. The petition seeks a statement of accounts detailing the amounts recovered from him, United Breweries Holdings Limited (UBHL, now in liquidation), and other certificate debtors.
05.02 / 10:53
05.02 / 10:53
markets
Digital
Manufacturing
Strategy
PAM
country
Ford’s India return delayed: Is the carmaker making a U-turn or just a pit stop?
Ford Motor Company, which announced its return to India last September, now appears to be pumping the brakes on those plans. The much-anticipated January announcement detailing Ford’s India strategy never arrived. Now, sources say, the American automaker is re-evaluating its move and will not reveal a final decision before late summer.
05.02 / 10:53
markets
FIVE
Digital
Strategy
Healthcare
PAM
hospital
Ambuja Neotia Group announces investments worth Rs 15,000 cr across sectors in West Bengal
Ambuja Neotia Group on Wednesday announced plans to invest more than Rs 15,000 crores in West Bengal over the next five years, focusing on multiple sectors including healthcare, hospitality, real estate, and tourism.
05.02 / 10:53
markets
UPS
Digital
Strategy
Experts
PAM
Tata Power seeks hydro projects to ramp up clean energy bets
Tata Power Co. is scouting for hydroelectric power opportunities in India and overseas as it looks to ramp up the share of renewable energy in its overall portfolio to more than half in the next 14 months. “We have already identified two projects and work has started for the first project,” Praveer Sinha, chief executive officer at the Tata Group-controlled firm said in an interview with Bloomberg Television.
05.02 / 10:53
markets
Digital
Strategy
Experts
PAM
beautiful
innovations
Kumar Mangalam Birla's daughter Ananya announces new beauty and cosmetics venture
Ananya Birla, daughter of billionaire Kumar Mangalam Birla, on Wednesday announced an entry into the fast-growing beauty and cosmetics space with the launch of a new venture. The 30-year-old Birla, who launched a microlending venture at 17 and also sits on the board of the USD 62-billion Aditya Birla Group's apex strategic body, will come out with a range of beauty and personal care brands nationally through 2025, a statement said.
05.02 / 10:15
markets
Digital
Assurant
Strategy
Experts
PAM
information
EPFO Pension Scheme: Govt confirms higher pension to 22,000 members. Here’s how to check yours
Pension Payment Orders (PPOs) and asked 1.65 lakh eligible members to deposit an additional amount for higher pension, the government has informed Parliament.
05.02 / 10:15
markets
Citi
Digital
Booking
Strategy
Experts
PAM
Godrej Properties sells Rs 28,800cr worth properties in 2024, highest among listed players
Godrej Properties has sold properties worth Rs 28,800 crore during the 2024 calendar year, highest among all listed real estate companies in India, on strong demand for its housing projects across many cities. Realty major, DLF — the country's largest real estate firm in terms of market capitalisation — sold properties worth around Rs 20,650 crore during the last calendar year mainly on high demand for its ultra-luxury housing project 'The Dahlias' in Gurugram where it sold properties in a price range of Rs 55-150 crore per unit.
05.02 / 10:15
markets
Digital
Platform
Strategy
Trade
PAM
Courts
ED files fresh chargesheet in NSEL linked money laundering case
Enforcement Directorate Wednesday said it has filed a fresh chargesheet in the National Spot Exchange Limited (NSEL)-linked money laundering investigation. The prosecution complaint was filed on January 28 before a special Prevention of Money Laundering Act (PMLA) court in Mumbai against 19 broking entities and their directors for allegedly colluding with NSEL officials to «allure» investors to trade on this platform, the federal agency said in a statement.
05.02 / 10:15
markets
Digital
Strategy
Trade
Experts
PAM
Happiest Minds Q3 profit dips 16%, revenue up 27%
Happiest Minds Technologies reported a 16% year-on-year (YoY) drop in net profit for the third quarter ending December 2024 at Rs 50.1 crore (from Rs 59.6 crore in Q3FY24) impacted by investment outlay. The profit stood at Rs 59.6 crore in the third quarter a year ago.
05.02 / 08:21
markets
Provident
Digital
security
Strategy
Experts
PAM
NFO Alert: ITI Mutual Fund launches Bharat Consumption Fund
ITI Mutual Fund on Wednesday announced the launch of the ITI Bharat Consumption Fund, an open-ended thematic fund that will follow the consumption theme. The scheme will predominantly invest in equity and equity-related securities of companies engaged in consumption and consumption-related activities or allied sectors.
05.02 / 08:21
05.02 / 08:21
05.02 / 08:21
markets
Digital
Action
Strategy
PAM
reports
"Handcuffed and humiliated": Congress leader Pawan Khera slams US deportation of Indians
Pawan Khera on Wednesday expressed sadness to see pictures of Indians getting «handcuffed and humiliated» while being deported from the US. His statement comes after reports claimed that US was using military planes to deport migrants to India.
05.02 / 04:37
05.02 / 04:37
05.02 / 04:37
05.02 / 04:37
markets
Digital
Strategy
Election
Experts
PAM
Reject those who cheated you by making false promises: Mallikarjun Kharge's appeal to Delhi voters
Mallikarjun Kharge has appealed to the Delhi voters to cast their vote to elect those people who have worked for Delhi and reject those who have «cheated» them by making "false promises."
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