As the country awaits the formation of a new government, the real estate sector is urging for policy reforms and tax incentives to stimulate growth and address the challenges facing the industry. NAREDCO, the realtors’ body, has emphasized the need for the new government to introduce policy reforms aimed at fostering growth in the real […]
Tata Motors, a leading player in the automotive industry, has taken a significant step towards strengthening its commercial vehicles business with the approval of its board to establish a new wholly-owned subsidiary. In a regulatory filing on Tuesday, Tata Motors announced that its board has greenlit the formation of a subsidiary to house its commercial […]
In a stark reflection of market sentiment, shares of all Adani Group companies witnessed a significant downturn on Tuesday, with many firms hitting their lower circuit limits. The massive sell-off comes amidst counting trends from the Lok Sabha elections indicating potential political uncertainty. The combined market valuation of all 10 listed Adani Group firms saw […]
In a strategic move, Punjab National Bank (PNB) has revealed its intention to divest a 10% stake in Canara HSBC Life Insurance Company, signaling its commitment to unlocking value from its investment portfolio. Currently holding a substantial 23% stake in the insurance firm, PNB’s decision underscores its proactive approach towards capital optimization and portfolio management. […]
In a tumultuous day for equity investors, the Indian stock markets witnessed a staggering loss of Rs 31 lakh crore on Tuesday, marking the worst single-day plunge in four years. The BSE Sensex plummeted nearly 6 percent as vote counting trends from the Lok Sabha polls indicated that the BJP might not secure a clear […]
In a recent development, the International Air Transport Association (IATA) has voiced apprehensions over investigations initiated by the Indian Directorate General of GST Intelligence (DGGI) against several foreign airlines regarding Goods and Services Tax (GST) charges. This move has stirred concerns within the global aviation community, with IATA labeling it as “unprecedented.” According to reports, […]
In a notable electoral outcome, Union Minister Kiren Rijiju and fellow BJP candidate Tapir Gao successfully retained their respective Lok Sabha seats in Arunachal Pradesh, as confirmed by the Election Commission. Kiren Rijiju, a prominent figure in the BJP and currently serving as a Union Minister, won his seat with a significant majority, reinforcing his […]
In a resounding victory, former Tripura Chief Minister and BJP candidate Biplab Kumar Deb secured the Tripura West Lok Sabha seat on Tuesday, defeating his nearest competitor, Asish Kumar Saha of the Congress, by an overwhelming margin of over six lakh votes. Deb, who is currently a Rajya Sabha MP, garnered a total of 8,81,341 […]
In a significant political development, Congress candidate Sriganesh triumphed in the bypoll for the Secunderabad Cantonment Assembly constituency in Telangana, held on Tuesday. Sriganesh emerged victorious with a decisive margin of over 13,000 votes, defeating his closest competitor from the Bharatiya Janata Party (BJP), Vamsha Tilak T N. According to the final tally provided by […]
In a significant breakthrough for biodiversity research, a distinct and stunning blue-coloured ant species has been discovered in the Siang Valley, a well-known biodiversity hotspot in Arunachal Pradesh. This remarkable find is detailed in a new research publication from India. The discovery traces its roots back to the ‘Abhor’ expedition of 1911-12, a punitive military […]
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