JRG Automotive Industries has partnered with Japan's Takagi Seiko Corporation to produce automotive parts for two-wheelers and four-wheelers in India. The joint venture, based in Haryana, involves a USD 15 million investment and aims to enhance component quality using advanced technologies. The collaboration is expected to create around 500 jobs locally.
US Presidential Election 2024: Donald Trump has warned of a 'bloody' eviction of millions of illegal immigrants if he becomes president. He also threatened to prosecute those challenging his election. Trump's speeches are increasingly erratic, invoking scenarios of mass deportation and internment camps, while making exaggerated claims about illegal immigration numbers.
These beaches present a diverse mix of serenity, adventure, and cultural richness along Maharashtra's extensive coastline.
Seven top Indian institutions, including IIT Delhi and Anna University, have received showcause notices from the Directorate General of GST Intelligence for unpaid taxes on research grants since 2017. This has sparked a debate within the academic community, with some calling it 'tax terrorism.' Legal experts urge the Centre to reconsider before the matter reaches courts.
A performance-based grant of Rs 19,612 crore has been allocated to 131 cities for air quality improvement from 2019-20 to 2025-26. So far, Rs 11,211 crore has been disbursed. Efforts include reducing PM10 levels, greening urban spaces, and improving waste management. Union Environment Minister Bhupender Yadav reviewed progress in Jaipur.
'Bucket list' popular hiking trail in Kauai, Hawaii, was closed after over three dozen people fell ill due to norovirus. The Kalalau Trail will remain closed until at least Sept. 19 for health assessments and cleaning. Norovirus is highly contagious and spreads easily through contaminated surfaces and close contact.
Ather Energy, an Indian manufacturer of electric two-wheelers, has submitted a draft red herring prospectus for an IPO, which includes a fresh issue of shares valued at Rs 3,100 crore ($369.4 million), the company announced on Monday.
From Deepika-Ranveer to Alia-Ranbir, many Bollywood stars have been blessed with baby girls, embracing parenthood and sharing their joy with fans worldwide.
As of 30-Jun-2024, promoters held 45.25 per cent stake in the company, while FIIs held 17.03 per cent and domestic institutional investors had 19.35 per cent.
Union Minister of Road Transport and Highways, Nitin Gadkari, stated on Monday at the 64th ACMA annual session that he has no objections to subsidies for electric vehicles (EVs) from the Finance and Heavy Industries Ministers. This comes after Gadkari previously suggested that subsidies might no longer be necessary due to falling lithium-iron battery prices and increased EV manufacturing.
In line with a recent Knight Frank report, the market's steadiness is apparent in the rising volume of mortgage applications for homes, which currently constitute a substantial share of India's housing sales, surpassing Rs 1 crore and representing 41%. This information indicates that the upsurge in sales is not merely a momentary event but rather a continual trend.
A tragic accident in Mulund (East) resulted in the death of a 33-year-old man and left another critically injured. The incident occurred when a BMW collided with scaffolding, causing it to collapse. The driver, Shakti Alag, fled the scene but was later apprehended. Investigations are ongoing.
Tolins Tyres' IPO, which opened for subscription on Monday and closes on September 11, has been fully subscribed on its first day. Retail investors led the demand, with a subscription rate of 1.90 times. The IPO includes a fresh issue worth Rs 200 crore and an offer-for-sale of Rs 30 crore by promoters.
A total of 4,120 shares changed hands on the counter till 12:22PM (IST)
Ingka Centres, part of the Ingka Group including Ikea, will invest nearly €600 million in a shopping destination with office space and a hotel in Noida. Anchored by an Ikea store, Lykli Noida will have significant retail and leasable areas. The project aims for sustainable construction and high footfall upon completion by 2028.
Corporate venture capital (CVC) investments have become increasingly significant in the startup ecosystem, accounting for 58% of total venture capital deal value in the US in 2023. CVCs offer strategic benefits like access to new technologies and industry trends. However, startups must navigate potential conflicts and intellectual property concerns when dealing with CVCs.
A total of 3,334 shares changed hands on the counter till 12:17PM (IST)
Delhi Minister Atishi stated that the Delhi and Punjab governments will oppose the imposition of GST on research grants at the 54th GST Council meeting. She also highlighted concerns about GST on online payments under Rs 2,000 and health insurance. Punjab Finance Minister Harpal Singh Cheema echoed opposition to GST on health insurance and research grants.
Sandeep Bhatia, Managing Director at Macquarie Capital, explains that Indian equity markets has remained stable due to strong domestic investment habits and liquidity. He discusses the impact of government and private sector capex, rural recovery, and upcoming elections on market trends while highlighting global risks that could affect overall stability.
Abu Dhabi Crown Prince Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan met Prime Minister Narendra Modi in New Delhi, marking his first official visit to India. The two leaders discussed strengthening bilateral relations across various sectors. Sheikh Khaled will also meet President Droupadi Murmu and participate in a Business Forum in Mumbai. This visit aims to reinforce the Comprehensive Strategic Partnership between India and UAE.
Apple is set to unveil its iPhone 16 lineup on September 9 at the "It's Glowtime" event. The series includes four models: iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Prices start at $799 for the base model. Discounts on older models like the iPhone 14 and iPhone 15 are available ahead of the launch.
India's Chandrayaan-3 mission has detected over 250 seismic signals on the Moon's south polar region, including 50 unexplained ones possibly linked to Moonquakes. This marks the first seismic data collection from this area since the Apollo era. The findings were published by ISRO researchers in the scientific journal ICARUS.
A total of 15,933 shares changed hands on the counter till 12:06PM (IST)
Swedish Private Equity fund EQT has acquired GeBBS Healthcare Solutions from ChrysCapital for approximately $860-870 million. GeBBS, a provider of revenue cycle management services, has seen significant growth under ChrysCapital's ownership. The acquisition aligns with EQT's focus on healthcare technology and aims to further accelerate GeBBS' growth.