New Delhi: Shares of Vishal Mega Mart Ltd on Wednesday jumped 41 per cent in early trade against the issue price of Rs 78. The stock listed on the BSE at Rs 110, up 41 per cent from the issue price. Later, it rose 42.24 per cent to Rs 110.95. On the NSE, it listed…
AkzoNobel India, the maker of Dulux paints, celebrated three years of its flagship initiative, Project Revive, which has transformed the lives of over 800 drug-rehabilitated youth in Assam, Manipur, and Arunachal Pradesh. The program equips participants with vocational skills in decorative painting, creating sustainable livelihood opportunities and fostering community development. Launched in Manipur in 2021…
Toyota Kirloskar Motor has unveiled the latest iteration of its Camry Hybrid Electric Vehicle, positioning it as a luxury sedan that combines environmental consciousness with high-end performance. The new model features Toyota’s 5th Generation Hybrid Technology, delivering an impressive total maximum power of 169kW (230 PS) and exceptional fuel economy of 25.49 km/l. Key highlights…
The housing finance market in Gujarat is facing a paradox – fewer people are borrowing, but those who are borrowing are borrowing in larger amounts. According to the latest State Level Bankers Committee (SLBC) report, the number of home loan borrowers saw a sharp decline of 39.6%, from 1.58 lakh accounts in the September quarter…
UPI achieved 15,547 crore transactions worth Rs 223 lakh crore this year, transforming India’s financial landscape. It is now being accepted in seven countries, furthering financial inclusion and access to digital payments. The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, ‘reflecting its…
New Delhi: Gold and silver prices fell in the national capital on Friday, with the precious metal sliding below the Rs 80,000 mark amid heavy selling by jewellers and stockists, according to the All India Sarafa Association. Besides, traders said a weak trend in international markets also put heavy pressure on bullion prices. The precious…
Vodafone Idea share price witnessed a sharp surge during intraday trading on Friday, December 13, rising as much as 5 per cent from an intraday low of ₹7.68 despite a volatile market environment. Vodafone Idea share price opened at ₹7.83 against its previous close of ₹7.87 and fell over 2 per cent to hit ₹7.68…
SWITCH Mobility, a subsidiary of Ashok Leyland, unveiled its latest electric bus platform SWITCH EiV12 for the Indian market. Launched by Union Minister Nitin Gadkari, the low-floor electric city bus features chassis-mounted batteries with over 400 kWh capacity and can accommodate up to 39 passengers. Simultaneously, the company virtually flagged off the SWITCH E1 for…
RBI data shows that the number of credit cards issued by banks has also increased sharply to 10.61 crore by September 2024 from 9.3 crore in September 2023, 7.36 crore in March 2022 and 6.20 crore in March 2021.Credit card repayment defaults are on the rise, reflecting growing stress and debt burden among customers. Credit…
According to CLSA, the Indian cement sector may see a price increase of 4% in the second half of FY25 and this will be good news for companies that have been affected by low prices across India for the last several quarters. However, the sustainability of these price increases remains a key monitorable factor, according…
