Shipping stocks continued their impressive rally for the second consecutive session on Friday, with Shipping Corporation of India (SCI) rising 16.40% to hit a record high of ₹384.20 per share. In the previous trading day, the stock had touched the upper circuit limit of 20% due to positive developments. This recent rally in the stock…
Next Bharat Ventures IFSC Private Limited, a subsidiary of Suzuki Motor Corporation, has announced the launch of a ₹340 crore fund aimed at fostering social impact startups in India. The fund will target entrepreneurs working in agriculture, financial inclusion, rural supply chains, and rural mobility. The flagship initiative, the Next Bharat Residency program, offers a…
State Bank of India (SBI) on Wednesday said it has raised Rs 10,000 Crore through its sixth infrastructure bond issue offering a coupon of 7.36 percent. The bank said the issue received bids worth over Rs 18,145 Crore and was oversubscribed by about 3.6 times against the base issue size of Rs 5,000 Crore. The…
Towards its commitment to environmental sustainability, Toyota Kirloskar Motor (TKM) further accelerates the ‘Green Wave Project’ commemorating this year’s environment month. Aimed at enhancing its nature conservation activity in the community, TKM distributed saplings to its employees, under its sixth challenge namely ‘Establishing a Future Society in Harmony with Nature’, contributing towards the Toyota Environmental…
According to Reserve Bank of India data, the country’s employment rate grew by 6 percent in the financial year ending March 31, 2024, up from 3.2 percent in 2022-23.Employment in the country improved by 4.67 crore to 64.33 crore (provisional) in the fiscal year 2023-24, from 59.67 crore in 2022-23, the RBI’s Measuring Productivity at…
To tackle the pervasive issue of e-cigarettes, Thailand’s Special Parliamentary Committee has unveiled three strategic options aimed at curbing their use across the country. Headed by Mr. Niyom Wierathandithakul, Phrae MP of the Party for Thailand, the committee’s proposals include maintaining the ban on e-cigarettes while intensifying enforcement, regulating heated tobacco products (HTPs) alongside the…
Share price of Domes Industries surged over 5% on Monday to hit a record high of ₹2,367.50 on the BSE after brokerage firm Axis Securities initiated coverage with a bullish outlook on the stock. This is the seventh consecutive day of rise in shares of DOMS Industries and the stock is up more than 10%…
Reckitt, in partnership with Plan India, has launched the transformative Rainbow Classrooms initiative under its Durex The Birds and Bees Talk (TBBT) program. This pioneering effort seeks to create safe and welcoming educational spaces across Northeast India where every student can thrive regardless of gender identity. At the heart of the initiative are vibrant, rainbow-colored…
CRISIL MI&A Research said prices of representative home-cooked vegetarian and non-vegetarian thalis increased by 6 percent and 4 percent, respectively, on a month-on-month basis in June 2024. It said the cost of a vegetarian thali has increased month-on-month mainly due to increase in prices of vegetables, with prices of potatoes, onions and tomatoes increasing by…
HDFC Bank reported its Q1 business update which showed a sequential decline in advances and deposits. HDFC Bank share price fell over 3% in early deals today (July 5) as the private lender reported its Q1 business update, which showed a sequential decline in advances and deposits. HDFC Bank’s advances fell 0.8% quarter-on-quarter (QoQ) to…
