InCred Equities said Bajaj Housing Finance's (BHFL) IPO valuation is justified, and cited strong growth, solid asset quality and advanced tech. Despite a weaker margin profile and higher funding costs, BHFL's efficient operations and competitive edge over smaller players support its premium valuation.
Reliance Industries Limited has secured Rs 3,620 crores in incentives for producing advanced chemistry cell batteries. This win adds to the 5 GWh capacity RIL had previously secured, bringing their total to 15 GWh. The incentives were awarded through a rebid by the Ministry of Heavy Industries.
Professionals often neglect updating their resumes after landing a job, missing out on internal promotions and networking opportunities. Regularly revisiting and updating resumes can highlight achievements and skills, ensuring readiness for unexpected opportunities. Experts recommend updating resumes with every change in designation or responsibilities to maintain relevance.
The MCD zonal ward committee polls are seeing a close contest with AAP winning four zones and BJP securing three by 12 pm on Wednesday. Elections were held for nine of the 12 zones, with some candidates elected unopposed. Heavy security was deployed during the voting process.
Rahul Gandhi launched Congress's election campaign in Jammu and Kashmir, promising to restore statehood with the help of INDIA bloc partners. He criticized the BJP for delaying statehood restoration and assured that Congress's alliance government will address local issues, including job vacancies and electricity supply.
The rupee lifetime low of 83.98 to the U.S. dollar in the last minute of trade. It closed at 83.9650, versus its previous close of 83.9675, having stayed in a narrow three-paisa range throughout the session.
Motilal Oswal Mutual Fund has introduced the Motilal Oswal Nifty 500 Momentum 50 Index Fund, an open-ended fund tracking the Nifty 500 Momentum 50 Total Return Index. The new fund offer (NFO) is open for subscription until September 18, with continuous sale and repurchase reopening on September 30.
Syngenta Group CEO Jeff Rowe has urged the Indian government to expedite regulatory approvals for innovative agricultural products to benefit farmers. Highlighting the impact of climate change on agriculture, Rowe emphasised the need for faster access to new solutions. Syngenta is investing heavily in digital technology and crop modelling to help farmers adapt, planning to launch 40 new crop protection products in the next few years.
Indian food, which is renowned for its flavorful and varied selections, has a wide variety of delicious party snacks that are ideal for any kind of event.
Congress president Mallikarjun Kharge has accused Prime Minister Narendra Modi of failing to protect the people of Manipur amid ongoing violence. Kharge claims the BJP government has not taken measures to ensure peace and normalcy, leading to significant casualties and displacement. He criticizes Modi's lack of action and calls for accountability.
India will need 10-20 semiconductor manufacturing plants over the next decade, according to Semi President Ajit Manocha. The upcoming Semicon India 2024 conference in Noida will feature over 250 companies. Tata Electronics and others are investing in India's semiconductor ecosystem, driven by AI demand and favorable policies.
Nvidia's market capitalisation stood at $2.65 trillion after Tuesday’s close. Shares of Nvidia have been on a decline over the last week, delivering a negative 13.65% return over the five-day period.
Krishna Institute of Medical Sciences (KIMS) set September 13 as the record date for a 1:5 stock split. The announcement propelled KIMS shares up 3.5% to a new high of Rs 2,655.25 on the BSE.
A national survey reveals that over 200 million Indians are inactive according to international norms, with girls in cities being the most affected. The study highlights the need for better integration of physical activity in schools and public spaces, and debunks myths about physical activity hindering academic success.
Union Home Minister Amit Shah announced that Government of India and Tripura signed a pact with militant groups NLTF and ATFF, marking the 12th agreement in the Northeast. Shah welcomed the groups to mainstream, emphasising the significance of the peace deal for Tripura's progress. He highlighted the emotional value of compromise and praised his party's commitment to peace.
Aryan Mishra, 19, was shot dead by alleged cow vigilantes in Faridabad on August 23. His father questions why only Aryan was harmed. Five suspects were arrested on August 28. The case is under investigation, with police verifying the accused's claims and seeking more details from the landlord's family.
Here are 6 non-dairy sources of calcium that are great for maintaining healthy bones:
Over 1.2 lakh candidates, including postgraduates and graduates, have applied for the contractual sweeper position in Haryana government departments. The job offers Rs 15,000 a month, attracting many due to the stability of a government job amidst a challenging job market. Critics highlight issues like non-transparency and inadequate remuneration.
Union minister Nitin Gadkari stated that the use of stainless steel could have prevented the collapse of Chhatrapati Shivaji Maharaj's statue in Sindhudurg. He emphasized the importance of rust-resistant materials in coastal areas. Police have issued a lookout circular against contractor Jaydeep Apte, while structural consultant Chetan Patil has been arrested.
PSU theme-based mutual funds have shown impressive performance, offering an average return of 84.63% over the past year. The CPSE ETF led with a 106.52% return. However, returns have been lower in the last three months, averaging 0.76%. Investors should consider long-term horizons and sector knowledge before investing.
North Korea executed several government officials after severe flooding in late July caused significant casualties and damage in the northern region. The floods destroyed homes, infrastructure, and farmland, leading to thousands of deaths. Kim Jong Un vowed strict punishment for those who neglected their duties during the disaster.
UK-based banks are intensifying lobbying efforts against potential tax hikes in the upcoming Budget on October 30. Finance minister Rachel Reeves is expected to discuss increasing taxes on lenders' profits. Concerns arise as Prime Minister Keir Starmer hints at targeting those with broader shoulders to fill a £22 billion gap in public finances.
Aditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though they would still remain higher than Chinese prices. Despite some price hikes by domestic mills, the outlook on steel stocks remains negative due to ongoing pressure from Chinese imports and falling raw material costs.
The Passport Seva portal experienced a significant spike in searches due to its unavailability from August 29 to September 2 for technical maintenance. The Ministry of External Affairs announced that the system was restored ahead of schedule on September 1, allowing users to access passport-related services once again.
The IIMA case study provides a comprehensive look at how DS Group identified the need in the market, developed a unique product, and navigated various challenges to achieve phenomenal success.
