Standard Glass Lining IPO oversubscribed within an hour; check GMP, price band & other details
Spread the loveStandard Glass Lining Technology’s IPO was oversubscribed within an hour of opening, driven by strong retail and non-institutional investor interest. The company plans to use proceeds for capital … Read More
‘Unrealistic scheduling’: US Transportation department slaps a $2 million penalty on JetBlue Airways
Spread the loveThe US transportation department fined JetBlue Airways $2 million for chronic delays on its east coast routes due to unrealistic scheduling. JetBlue blamed air traffic control issues and … Read More
‘EVs don’t need subsidy once regime ends’: Piyush Goyal
Spread the loveThe electric vehicle industry in India communicated to Commerce Minister Piyush Goyal that they will no longer require subsidies once the current regime ends. Goyal emphasized the nation’s … Read More
Slowdown after festivals may hurt Q3 growth: Economists
Spread the lovePost-festival economic moderation in India is causing lower-than-expected growth in Q3 2024, indicated by slowing GST growth, manufacturing PMI, and industrial production. Divergent trends in November and December … Read More
HUL eyes skincare brand Minimalist in Rs 3,000 crore deal
Spread the loveFMCG giant Hindustan Unilever is in advanced talks to acquire D2C beauty brand Minimalist, valuing the startup at approximately Rs 3,000 crore. This acquisition will enhance HUL’s product … Read More
SBI, HDFC Bank raise FD rates for segments like seniors above 80
Spread the loveSBI and HDFC Bank have started 2024 by enhancing deposit rates. SBI offers super senior citizens new benefits while HDFC has revised bulk deposit rates. SBI also introduces … Read More
NHAI prepays Rs 56,000 crore loans as Capex fall
Spread the loveNHAI has prepaid loans of Rs 56,000 crore this fiscal year, reducing its debt from Rs 3.3 lakh crore to around Rs 2.8 lakh crore. With help from … Read More
Rupee falls to record 85.77 vs $, forex kitty at 8-month low
Spread the loveThe rupee reached a record low of 85.77 against the dollar, driven by a weaker Chinese yuan and a stronger dollar. India’s foreign exchange reserves dipped to an … Read More
Vande Bharat sleeper hits 180 kmph during trials! Check viral video of new Indian Railways train better than Rajdhani Express
Spread the loveIndian Railways’ Vande Bharat sleeper train prototype has successfully hit a speed of 180 kmph during RDSO field trials. Designed for long-distance overnight travel, this sleeper variant features … Read More