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Lotus Petal mobilises Rs.55.6 lakh in first post-CSR rule SSE issue, with corporates accounting for over half

New Delhi, Aug. 5 -- The Rs.1-crore issue, which closed on July 31, received commitments worth Rs.55.6 lakh against its target Gurugram-based Lotus Petal Foundation has raised Rs.55.6 lakh through ... Read More


Furniture fitting brand Hettich India to open two more skilling institutes for carpenters

New Delhi, Aug. 5 -- Addressing the skill gap in the furniture fittings industry, German brand Hettich India is setting up two more skilling institutes to train the carpenter community. "We have alre... Read More


Netflix's Ted Sarandos meets PM Modi, launches skilling initiative for storytellers

New Delhi, Aug. 5 -- Netflix Co-CEO Ted Sarandos met Prime Minister Narendra Modi on Wednesday to discuss the expanding global influence of Indian storytelling and reaffirm Netflix's long-term commitm... Read More


Centre simplifies container train licensing with single all-India permit

New Delhi, Aug. 5 -- The Centre has approved a simplified licensing framework for Container Train Operators (CTOs), allowing them to operate container trains across the Indian Railways network under a... Read More


BSE shares swing despite Q1 profit jump

New Delhi, Aug. 5 -- BSE shares swung on Wednesday after opening about 1 per cent higher despite the exchange reporting strong June quarter earnings. The stock traded at Rs.3,588.20 on the NSE at 9.3... Read More


Tamil Nadu Budget set to be tabled amid high political drama

New Delhi, Aug. 5 -- Tamil Nadu's ruling Tamilaga Vetri Kazhagam (TVK) Government, led by CM Joseph Vijay, is set to present its maiden Financial Budget statements at 10:00 am on Wednesday at the Stat... Read More


Yardley enters premium air care segment with Floralis; bets on fragrance-led lifestyle play

New Delhi, Aug. 5 -- Yardley London has entered India's premium air care market with the launch of Floralis, a new home care sub-brand, as it looks to extend its fragrance expertise beyond personal ca... Read More


Tata Sons to continue as upper-layer NBFC

New Delhi, Aug. 5 -- Tata Sons is expected to continue as an upper-layer Non-Banking Financial Company (NBFC-UL) under the Reserve Bank of India's scale-based regulatory framework, with RBI Governor S... Read More


Completion of LIC OFS helps govt achieve nearly two-thirds of Budget Estimate for miscellaneous receipts

New Delhi, Aug. 5 -- With the completion of LIC's 'Offer for Sale' on Wednesday, money collected under the 'miscellaneous receipts' touched nearly two-thirds of the budget estimates for FY27. Also, pr... Read More


RBI policy day puts markets on edge as Nifty opens flat; oil slump, Wall Street records lift sentiment

New Delhi, Aug. 5 -- Markets opened on a cautiously positive note on Wednesday, August 5, as a sharp fall in crude oil prices and record-setting gains on Wall Street overnight offset domestic uncertai... Read More