Luxury student housing firm The Hive Hostels, operating in over 10 Indian cities, has secured Rs 11.5 crore in pre-IPO funding. Key investors included Shriram Madhav Nene and Max Estates CEO Sahil Vachani. The funds will develop Aurus, a luxury extension, ahead of an IPO planned for next year.
Talking about how India can achieve rapid growth with proper direction, the MP said that the country can make huge strides in areas such as artificial intelligence.
So, I do think that be it the largecap generic-focused companies like Sun, Dr Reddy’s, Cipla, or some of the API-based companies whether it is Laurus Labs, Neuland Labs, Glenmark, these companies are sounding far more confident about their growth, both in the US market in terms of their speciality products or domestic market.
The Relative Strength Index of the stock stood at 47.33 on Wednesday.
Bikaji, which recently bought stakes in Bhujialalji and Ariba Foods, aims to make more acquisitions only if they could help expand distribution or boost its presence in the frozen-food market and are not looking to sell amid investor interest in the snack brand.
The 30-share BSE Sensex was down 15.49 points at 81696.27
Energy sector mutual funds have delivered 56% returns in the past year, with Nippon India Power & Infra Fund offering the highest at 69.37%. Factors driving this performance include government initiatives, increased infrastructure investments, and post-pandemic economic recovery. Experts suggest a balanced allocation of 10-15% in such sectoral funds for diversified portfolios.
As of 30-Jun-2024, promoters held 38.12 per cent stake in the company, while FIIs held 27.19 per cent and domestic institutional investors had 13.71 per cent.
A rape case has been registered against Malayalam actor Sidhique based on allegations of sexual assault in 2016 by a female actor, police said. An FIR was registered under sections 376 and 506. This follows similar allegations in the Malayalam cinema industry, highlighted in the Justice Hema Committee report.
The NSE Nifty index was trading 0.1 points down at 25017.65
Apple is collaborating with India's Airtel to offer free access to Apple TV+ and Apple Music for Airtel's premium customers. This strategic move aims to expand Apple's presence in India's competitive entertainment market, as it competes with Netflix, Amazon Prime Video, and Disney+ Hotstar. Airtel's Wynk music app will be discontinued as part of this arrangement.
Vice President Kamala Harris begins her fall campaign, facing historical challenges that have hindered many before her. Only George H.W. Bush succeeded in winning the presidency as vice president. Harris's campaign hinges on her relationship with President Biden, public perception, and overcoming past struggles faced by former vice-presidential candidates.
A total of 10,372 shares changed hands on the counter till 10:51AM (IST).
The 30-share BSE Sensex was down 0.79 points at 81710.97
A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the F&O segment, signaling a bullish market trend.
A short buildup occurs when there is a rise in open interest and trading volumes.
During a transition period (up to 12 months), the movie and event tickets will continue to be available on the Paytm app, as well as on the TicketNew and Insider platforms, ensuring a smooth and uninterrupted experience for users and merchant partners.
A total of 454 shares changed hands on the counter till 10:40AM (IST)
The 30-share BSE Sensex was up 18.19 points at 81729.95
The rise in global demand for sustainably sourced clothing highlights that the stakeholders in the country should come together to focus on the development of relevant talent.
The Oropouche virus, also known as "sloth fever," is spreading in South America and the Caribbean. Transmitted by midges and mosquitoes, it causes symptoms similar to dengue and Zika, with no vaccine or specific treatment available.
The stock quoted a 52-week high price of Rs 506.85 and a 52-week low of Rs 207.85.
West Bengal Chief Minister Mamata Banerjee expressed grief over the murder of a trainee doctor at RG Kar Medical College. She dedicated Trinamool Chhatra Parishad's foundation day to the victim, urging students to contribute to social betterment. Meanwhile, BJP's protest against a police crackdown led to clashes in Howrah.
Santosh Rao of Manhattan Venture Partners discusses the demand for skilled and unskilled workers in the US and Canada. He highlights the strain on local infrastructure and educational systems due to immigration. Rao emphasizes the need for balanced immigration policies amidst economic challenges and an undercurrent of xenophobia in some Western countries.
A total of 127,381 shares changed hands on the counter till 10:30AM (IST)
