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Every war has consequences, and the Russia-Ukraine crisis will be no different for India as it will have a substantial economic impact on the country. India will be impacted as countries in conflict-Russia, and Ukraine accounts for 90 percent of India’s sunflower oil imports. As the conflict between two adversaries is in no way cooling […]
The escalating tension between Ukraine and Russia has made the market take a beating. On Tuesday, the domestic equity market benchmark BSE Sensex ended in the red for the fifth straight session at 57,300.68. Due to this, in just five sessions, the market capitalization of five out of ten Gujarat based companies fell by Rs […]
The government has no intention to limit the usage of blockchain technologies for other than those related to payments and the emergence of crypto assets, a Finance Ministry official stated, allaying industry players’ fears stemming from the Center’s ambiguous stance on the legitimacy of crypto assets. Finance Secretary T.V. Somanathan stated at post-budget interaction “I […]
IDFC FIRST Bank MD and CEO V Vaidyanathan is in news for one of the most inspiring philanthropic acts as he gifted shares worth Rs 3.95 crore to his support staff. Vaidyanathan has gifted his 9 lakh shares of the bank to help a total of five people including his driver, house help, trainer to […]
Business tycoon Gautam Adani led Adani Group on Monday announced that they have signed an MoU with Canada’s alternate energy major Ballard Power Systems. The non-binding MoU will evaluate an investment case for the commercialization of hydrogen fuel cells in mobility and industrial application in India. Under the MoU, both companies will examine various options […]
India’s largest 4G and mobile broadband digital service provider Reliance Jio will provide high speed and high capacity multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. The high-speed internet system will connect the Maldives to major internet hubs in India and Singapore. Jio’s IAX project is in collaboration with Ocean Connect Maldives. The IAX […]
After engaging and full of information, day one of the Brand Fest second season, day two saw the industry veterans continuing their knowledge sharing sessions on Sunday. The day two of the second season of the fest saw three main speakers- Marching Ants Advertising Pvt. Ltd.’s Rajeev Chudasma, Voot’ s Business Head and SVP- Chanpreet Arora […]
After the first successful brand fest, Brand Klub organized a second season, which kickstarted on Saturday with engaging and full of information sessions by industry veterans. The second season of the fest was held virtually with three main speakers- Former Executive Director of Tata Sons & Vice Chairman of the Board of HUL, R.Gopalakrishnan, Vice […]
Life Insurance Corporation(LIC) of India, on February 13, filed its IPO draft prospectus with SEBI. The Government is planning to launch LIC IPO next month as a part of its mega disinvestment plan. This will be India’s largest-ever public listing. As per the market sources with the value of Rs 12.6 billion- Rs 15 billion, […]
Gujarat recorded 998 cases and 16 deaths in the last 24 hours. The death rate is on the decline after months of recording anything between 20-30 deaths. The spike in cases began in Gujarat in mid-November last year as the Omicron variant made an entry into the country after being first detected in South Africa […]
Indian Market indices on Tuesday ended in green after two days of losing streak. Day after seeing the single-day fall in the last ten months, BSE Sensex saw the biggest single-day rise in one year on Tuesday. The biggest single-day rally was led by Autos, Banks, IT, and FMCG in one day. The automobile sector […]
Air Marshal Vikram Singh, Air Officer Commanding-in-Chief, South Western Air Command paid a visit to the frontline Air Base at Bhuj on February 13 and 14,2022. The Air Marshal was received at the Airbase by Air Commodore Maluk Singh, Air Officer Commanding, Air Force Station Bhuj. The Air Marshal was presented with a ceremonial Guard […]
Indian Market Indices on Monday ended in the red as Sensex ended the day at 56,406.84, down around 1747 points and Nifty 50 ended the day at 16,842, down around 531 points. In addition, all sectoral indices ended the day in the red. Nifty Metal and Nifty realty indices were top losers as both of […]
Union finance minister Nirmala Sitharaman said there was complete harmony with which her department was working with Reserve Bank of India on all issues, including cryptocurrencies. She said there is a respect towards each other’s domain and priorities keeping the country’s interests in mind. “Not just on crypto, but on every other thing as well. […]
On Valentine’s Day people’s favorite color is red but when it comes to Indian indices people like to see it green always. But, on Monday Indian indices Sensex and Nifty started the day with a massive Slump as Sensex and Nifty were down around 2.20 percent as all sectoral indices were seen in red. According […]
Mukesh Ambani led Jio and World’s fourth-largest semiconductor company MediaTek’s long term partnership is bearing fruits as they have successfully completed an esports tournament featuring the immensely popular game- Battlegrounds Mobile India (BGMI). The gaming tournament had a prize money of Rs.12.5 lakh. The gaming tournament which started on October 30, 2021 received overwhelming response […]
Billionaire Gautam Adani’s Adani Green Energy Ltd (AGEL) becomes first Indian Company to achieve GRI South Asia Charter member status. AGEL is the world’s largest solar power developer and the renewable energy company of the Adani Group. Important to note here is that AGEL had initiated this in response to a call from GRI (Global […]
Gujarat recorded 3,897 coronavirus cases today – a drop from yesterday’s tally of 813 – and 19 deaths in the last 24 hours. With 19 Covid-19 fatalities, the cumulative number of deaths climbed to 10,667 in Gujarat, the state health department said in a release. Six people who succumbed to the infection were from Ahmedabad. […]
Imagine Marketing’s Audio and wearable brand boAt has filed DRHP(draft red herring prospectus) for a Rs.2000 crore IPO (Initial Public Offering) with SEBI. The documents show a fresh issue of shares worth Rs 900 crore and an offer for sale of shares worth up to Rs 1,100 crore. South Lake Investment will sell shares worth Rs.1,100 […]
The bitcoin price on Saturday rose by 9 percent and has reached its highest in two weeks. The price has reached $ 41,473.81 with a 46 percent rise in volume of the most popular cryptocurrency standing at $30,509,869,557 USD. On Friday, bitcoin saw an 11 percent jump in its price. In one week it has […]
