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India to sell wheat from state stocks to flour millers, biscuit makers India plans to sell wheat from state reserves to bulk consumers like flour millers and biscuit makers to control local prices by boosting supplies. The government has allowed the Food Corporation of India to offer wheat at a lower price, aiming to a...
10 Jul, 2024, 02.40 PM ISTFY25 will see a 7-9 pc growth in two-wheeler sales, down from 9.8 pc in FY24 The CareEdge Ratings report predicts the two-wheeler industry's volume growth in FY2025 to be 7-9 per cent, lower than the 9.8 per cent recorded in FY2024. Factors driving growth include increased Electric Vehicle sales, the Electric Mobility Promot...
09 Jul, 2024, 10.40 AM ISTWhite goods PLI reopens: More time for companies to crack open AC & LED production The government has reopened the window for white goods manufacturers to apply for the Production-Linked Incentive scheme. Leading companies like Voltas and Blue Star are evaluating new applications. The scheme aims to increase local manufacturing an...
09 Jul, 2024, 12.06 AM IST- ADVERTISEMENT
EV companies seek stability in incentives ahead of FAME-III rollout The comparison between FAME-II and EMPS subsidies is crucial, as highlighted by a report from the Federation of Automobile Dealers Associations, emphasizing the importance of stable subsidy regimes for the EV industry's growth.
03 Jul, 2024, 12.13 AM ISTVisaman Global Sales IPO opens today: Check issue size, price band, GMP and other details Visaman Global Sales IPO opened today to raise Rs 16.05 crore through a fresh equity issue. The company specializes in steel products and aims to utilize the funds for capital expenditure and working capital needs.
24 Jun, 2024, 11.26 AM ISTTrade marketing scheme soon to assist small companies board ONDC The government's Trade Enablement & Marketing (TEAM) scheme will support micro and small enterprises (MSE) in leveraging the Open Network for Digital Commerce (ONDC) for e-commerce growth, with benefits like reduced commissions and inclusive protoco...
21 Jun, 2024, 12.21 AM ISTPM Modi shows rural bent, OKs ₹20kcr for PM Kisan Nidhi Scheme The Prime Minister approved the 17th instalment of the PM Kisan Nidhi Scheme, benefiting 93 million farmers with around ₹20,000 crore. This move is seen as a boost to rural demand and consumer stocks. The new coalition government is expected to focu...
10 Jun, 2024, 11.25 PM ISTMarket size expected to reach 25 million units by 2030: B Thiagarajan, Blue Star See, tier three, four, five have been contributing significantly. My estimate is that close to 65% for the industry comes from tier three, four, five. In our case, it is around 68% or so. The important thing is more than 90% are first-time buyers an...
10 Jun, 2024, 01.58 PM ISTKronox Lab Sciences IPO opens for subscription. Should you bid? Kronox Lab Sciences IPO, consisting solely of an offer for sale, presents potential for sustainable growth, with analysts recommending subscription. The issue, open until June 5, allocates 50% to QIBs, 15% to NIIs, and 35% to retail investors.
03 Jun, 2024, 10.34 AM ISTReliance-BP and Shell-MRPL jet fuel sales take wing in April Reliance-BP and Shell-MRPL, the two private sector joint ventures, have made extraordinary gains in a year, taking their combined market share in the ATF market to 10.3% in April from 6.3% in the same month last year, according to industry data.
28 May, 2024, 11.38 PM ISTMaruti Suzuki hits milestone with 5,000th service touchpoint opening Maruti Suzuki aims to expand service network following sales increase, reaching 5,000 service touchpoints in India. Hisashi Takeuchi inaugurated the 5000th touchpoint in Gurugram.
28 May, 2024, 07.02 PM ISTMahindra Manulife Mutual Fund launches manufacturing fund Mahindra Manulife Mutual Fund has introduced a manufacturing-focused fund called the Mahindra Manulife Manufacturing Fund. This open-ended equity scheme is designed to follow manufacturing themes.
28 May, 2024, 03.31 PM ISTMahindra Manulife Manufacturing Fund & 5 other mutual fund NFOs to open for subscription this week Six mutual fund NFOs, including JM Small Cap Fund, Zerodha Nifty 100 ETF, and Zerodha Nifty Midcap 150 ETF, open for subscription this week covering ETFs and Nifty 100 Index
27 May, 2024, 11.22 AM ISTRetail, ecommerce create job openings for freshers and experienced professionals A recent report by GI Group Holding India reveals increasing job opportunities in retail and e-commerce, with retail seeking fresh hires and e-commerce targeting experienced professionals. Applications for retail jobs rose by 8% in 2023, driven by y...
27 May, 2024, 10.07 AM ISTCapital Gains Account Scheme: Who can open an account, how to open The taxpayer should have capital gains from the sale or transfer of assets specified in Sections 54 to 54GB. The CGAS scheme is applicable only to Indian residents. Here’s how one can open an account.
27 May, 2024, 06.30 AM ISTTensions rise in Silicon Valley over sales of startup stocks Tensions over the shadowy and often enigmatic market of private company stocks have reached a boiling point, just as the buying and selling of such shares has grown bigger than ever. At its center is an age-old debate: Should everyone have access to...
07 May, 2024, 11.01 AM ISTElection season, so what? IPO floodgates to stay open in May May's IPO frenzy continues with companies raising funds despite election season volatility. Vodafone Idea FPO oversubscribed 7 times, Bharti Hexacom trading at a 52% premium. ICICI and Kotak remain positive. Ola Electric plans $1 billion IPO.
01 May, 2024, 07.12 AM ISTGovt to take decision on Hindustan Zinc OFS after testing market: Mines Secretary The government is committed to offloading its stake in Vedanta group firm Hindustan Zinc through offer for sale (OFS) and will take the decision on this after testing the market, mines secretary V L Kantha Rao said on Monday. The government, the la...
29 Apr, 2024, 02.43 PM ISTAround 3.46 LMT wheat and 13164 MT rice were sold during 26th e-auction under OMSS Cereal prices in November rose to 10.27% pushing the food inflation to 8.70% in November, against 6.61% reported the previous month. Food inflation accounts for nearly half of the overall consumer price basket. An increased acreage of wheat would he...
21 Dec, 2023, 05.17 PM ISTRice inflation: FCI chief says PDS rice quality good; appeals traders to buy grain under OMSS FCI Chief Ashok K Meena expressed concern over rice inflation and urged traders to buy rice under the Open Market Sale Scheme (OMSS) to boost domestic availability and contain price rise. The FCI increased the bid quantity to 2,000 tonnes per bidder...
15 Dec, 2023, 08.39 PM IST