So, Jubilant Food being the largest player, it has shown definitely a momentum and there is no other pizza player which is actually close to that. But definitely we expect QoQ improvement in the like-to-like growth for all the companies in the QSR space.
The BJP claims that a CAG report raises 139 questions regarding former Delhi CM Arvind Kejriwal's previous residence, revealing alleged corruption. They state the actual cost of the residence exceeds Rs 75-80 crore, with expenditures unaccounted for in 2023 and 2024.
Indian Energy Exchange (IEX) achieved a record monthly electricity trade volume of 11,132 Million Units (MU) in December, up 29% year-on-year. Renewable energy certificates traded also saw a rise, with a 58% increase. Significant volume increases were noted across various market segments.
A total of 27,670 shares changed hands on the counter till 01:08PM (IST).
Accel announced that it has raised a $650 million early-stage fund to support bold founders in India and Southeast Asia. This fund focuses on sectors such as AI, consumer, fintech, and manufacturing, aiming to back category-defining startups. The company's portfolio includes Flipkart, Swiggy, and Freshworks, Accel has made significant strides in the region’s growing venture capital landscape.
The Madhya Pradesh High Court gave six weeks to the state government for the safe disposal of Union Carbide factory waste. It directed the media to avoid spreading incorrect news. The waste was moved from Bhopal to Pithampur on January 2. The state government was asked to build confidence among the public of Pithampur.
Marico reported sequential growth in domestic underlying volumes, with market share gains across key segments. Parachute Coconut Oil remained resilient despite rising input costs and pricing pressures. While volumes slightly moderated sequentially, the brand achieved low-teen revenue growth, driven by pricing interventions implemented this year. This reflects Marico's effective strategies amidst a challenging cost environment.
pv sindhu’s wedding jewellery inspires fans worldwide: here’s why
Non-institutional investors (NIIs) led the demand, subscribing 8.5 times, followed by retail investors at 7.2 times. Qualified institutional buyers (QIBs) had bid for 21,293 shares out of the 5,790,147 shares reserved for them.
President Joe Biden criticizes efforts to downplay the Capitol riot and assures that there will be a peaceful transition of power to Donald Trump. Biden emphasizes the importance of remembering January 6, 2021, as a day when democracy was tested and prevailed. Biden is committed to ensuring the peaceful certification of the election results.
Norwegian Prime Minister Jonas Gahr Stoere expresses concern over Elon Musk's involvement in the domestic political issues of other countries, highlighting that such actions are troubling due to Musk's significant influence on social media and economic power. Stoere emphasizes that such involvement is inappropriate among democracies and allies.
Bitcoin surged to nearly $100,000, maintaining upward momentum with a 1.2% increase, trading at $99,487. Ethereum rose by 1% to $3,671. Major altcoins showed mixed results. Bitcoin's resistance at $99,400 needs overcoming to surpass $100,000, while experts predict a bullish short squeeze above $101,000. The global crypto market cap increased by 0.53%, reaching $3.52 trillion.
Funding in India's space sector declined by 55% in 2024 to $59.1 million from $130.2 million the previous year. Despite global investments in space companies totaling $28 billion over the past five years, India's space industry raised $354 million. A government fund of $119 million was approved to support space startups.
The Relative Strength Index of the stock stood at 35.89 on Monday.
Abhishek Bachchan joins the European T20 Premier League as a co-owner, aiming to boost the league's profile with his passion for sports. The ETPL, featuring top cricket talent from Ireland, Scotland, and the Netherlands, is set to commence in July 2025, promoting cricket's growth in Europe.
Abhishek Bachchan has invested in the European T20 Premier League. This league will run from 15 July to 3 August 2025. It will have teams from Ireland, Scotland, and the Netherlands. Top players from these nations and around the world will participate. The tournament aims to boost cricket in Europe with strong support and financial oversight.
Buddha Air flight on Monday made a VOR landing at Tribhuvan International Airport in Nepal's Kathmandu after sustaining a flame out from the left engine. The aircraft had 76 people on board including the crew, as per Tribhuvan International Airport.
Budget 2025: Finance Minister Nirmala Sitharaman chaired the eighth Pre-Budget Consultation meeting with trade unions for the Union Budget 2025-26. The session aimed to understand the trade unions' perspectives and gather inputs for effective policy shaping. The budget, to be presented on February 1, 2025, will address economic challenges and promote growth. Sitharaman's pre-budget consultations included stakeholders from various sectors.
EMS is seeing rapid growth similar to the IT services boom. There is significant potential in tech-driven financial services, consumption patterns, and component manufacturing. Companies in these sectors are innovating and building substantial customer bases. Growth opportunities are appearing in traditionally overlooked sectors, and careful evaluation of valuations is essential for long-term investment success.
India's agriculture sector contributes over 15% to GDP and employs 45% of the population. Farmers face distress and seek measures like lower loan interest rates, increased PM-KISAN support, and GST exemptions. The upcoming Union Budget 2025 is crucial. Expert recommendations include climate-resilient seeds, policy stability, R&D investment, and biofuel promotion to enhance income and well-being.
HMOV Symptoms: An outbreak of Human Metapneumovirus (HMPV) in China has raised global concerns. India is also monitoring the virus. Symptoms are similar to COVID-19 and there is no vaccine. Indian health authorities assure that there is no substantial increase in respiratory infections in 2024. General precautions are advised to prevent the spread.
A total of 4,309 shares changed hands on the counter till 12:42PM (IST)
