harshvirani The two-day Bihar Business Connect 2024 witnessed the signing of memoranda of understanding (MoUs) for investments to the tune of Rs 1.8 lakh crore in the state by leading industrial groups of the country, Bihar Industries & Tourism Minister Nitish Mishra said on Friday. The proposed investments represent a three-fold jump over the corresponding figure … Read more
The investments in the urban sector in India have increased 16-fold as the government aims to achieve the 'Viksit Bharat' goal by 2047, the Ministry of Housing and Urban Affairs said on Friday. Under the Smart Cities Mission (SCM), work orders have been issued in 8,066 projects amounting to Rs 1,64,669 crore, of which … Read more
The FIIs as per Friday's data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 15536.61 crore against gross selling of Rs 16329.80 crore. Thus, FIIs stood as net sellers of Rs 793.19 crore … Read more
The Indian stock market shed more than 1,000 points on Friday amid the global selloff, after the US Federal Reserve hinted at a slow pace of interest rate cuts in the future. Heavy selling was seen in the realty and PSU bank sectors of Nifty. At closing, Sensex settled at 78,041.59 down by 1,176.46 … Read more
Vakrangee is currently trading at Rs. 32.80, up by 0.69 points or 2.15% from its previous closing of Rs. 32.11 on the BSE. The scrip opened at Rs. 32.91 and has touched a high and low of Rs. 34.95 and Rs. 32.50 respectively. So far 4511718 shares were traded on the counter. The BSE group … Read more
Praveg is currently trading at Rs. 740.00, up by 9.80 points or 1.34% from its previous closing of Rs. 730.20 on the BSE. The scrip opened at Rs. 730.25 and has touched a high and low of Rs. 745.00 and Rs. 730.00 respectively. So far 94776 shares were traded on the counter. The BSE group … Read more
Unicorns (with valuation $1 billion and above) continue to be among the large employers in India and overall, 116 Indian unicorns employed 4,10,829 people in August this year compared to 4,17,561 employees recorded in the same month last year, a report showed on Friday. Unicorn hiring peaked in March at over 42,000 cumulative employee additions, … Read more
The US and India are set to strengthen space cooperation, including for human spaceflight, and joint space exploration, and are expected to facilitate commercial partnerships between space companies of both countries to advance shared interests in the growing space economy. After US President Joe Biden and Prime Minister Narendra Modi in June 2023 committed to … Read more
Pranav Adani, Managing Director, Agro, Oil and Gas and Director of Adani Enterprises, on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating as many as 53,500 jobs in the state. Addressing the ‘Bihar Business Connect’ summit here, Pranav Adani said that “there can be no better validation” … Read more
From achieving Rs 1.46 lakh crore in investment under the product-linked incentive (PLI) scheme to 26 per cent increase in FDI inflows (year-on-year) in Q1 this fiscal (FY25), the Department for Promotion of Industry and Internal Trade (DPIIT) said on Friday that it has played a pivotal role in 2024 in building a self-reliant and … Read more
