Business

To become a developed nation, India needs to accelerate manufacturing and raise its contribution to GDP to 25 percent Volvo Group India Managing Director and President Kamal Bali said on Tuesday. Volvo said India needs to capitalize on the $3 trillion manufacturing opportunity in its neighboring geographies by focusing on …

Garuda Construction and Engineering IPO: Garuda Construction and Engineering’s IPO, which opened on October 8 and closed on October 10, was listed in the stock market today. On Tuesday, the company’s share was listed in the market with a jump of more than 10 percent from its issue price of …

Hyundai Motor India seems to be preparing vigorously for the Indian market. This can be gauged from the opening of the IPO of Rs 27,870 crore on October 15. This IPO is the largest in India so far. According to Livemint, the company has fixed the price band of the …

Aditya Birla Group Chairman Kumar Mangalam Birla on Tuesday said the funds raised by Vodafone-Idea have helped the company restart its capital expenditure cycle. He said this, along with other key initiatives, will give the company a “more secure position” to ensure that it remains dynamic and competitive. Speaking at the …

Permanent Account Number or PAN is a means of identifying individual taxpayers. A PAN card is a 10-digit unique identification alphanumeric number issued to Indians, mostly to those who pay taxes. PAN is allotted to an entity or individual by the Income Tax Department. PAN is a number, PAN card …

The IPO of Hyundai Motor India, the Indian unit of South Korean automobile company Hyundai, was subscribed 18 percent on the first day of bidding. According to data from the National Stock Exchange (NSE), bids were received for 1,77,89,457 shares under the IPO of Rs 27,870 crore, while the offer …

The number of domestic air passengers in India increased again in September 2024. According to data released by the Directorate General of Civil Aviation (DGCA), domestic airlines carried 1.30 crore passengers to their destinations in September. This is 6.38 percent more than the same period last year. According to PTI …

The Government of India will sell up to a 5 percent stake in Cochin Shipyard. The government gave this information on Tuesday. It said that the stake will be sold through OFS from October 16 at a minimum price of Rs 1,540 per share. According to PTI news, Tuhin Kant …

The market failed to maintain the initial gains and finally closed in the red on Tuesday. The benchmark Sensex of the Bombay Stock Exchange (BSE) closed at 81,820.12, down 152.93 points at the end of trading. Similarly, the Nifty of the National Stock Exchange (NSE) also closed at 25,057.35, down …

The price of gold slipped from its record high on Tuesday. The price of gold in the national capital fell by Rs 50 to Rs 78,650 per 10 grams on October 15, 2024. According to the All India Sarafa Association, silver prices fell by Rs 1,000 to Rs 92,500 per …