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Household Spending May Remain Low But Rural & Luxury Spending Will Improve In FY25

The report points out a few reasons why household spending might not bounce back strongly.

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HNG Insolvency: Justice Rohinton Nariman Says AGI Resolution Plan Contrary To Law

COC approved AGI Greenpac's resolution plan before CCI approval, which is mandatory as per insolvency bankruptcy code. Later, AGI won conditional approval from CCI, which goes against the set precedents of the SC, other judges have opined.

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Industrial Production
India's Industrial Production Records 4.9% Growth In March 2024

The Quick Estimates reveal that the Index of Industrial Production for March 2024 stands at 159.2, based on 2011-12 as the reference year. Within this, the indices for the mining, manufacturing, and electricity sectors are 156.1, 155.1, and 204.2, respectively

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OnePlus Strengthens Partnership With JioMart, Expands Product Availability In India

OnePlus expands retail presence in India through JioMart Digital, reaching tier-three and tier-four cities

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Aadhar Housing Finance Rs 3000 Cr IPO Closes With 26 Times Subscription

The Rs 3,000 book-built issue consists of fresh issuance worth Rs 1,000 crore and OFS worth Rs 2,000 crore with a price band of Rs 300 to 315

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BPCL Misses Q4 Estimates; Stock Soars 3% On Bonus Issue

BPCL declares a bonus issue of 1:1 with a record date of 22 June and dividend of Rs 21 per equity share

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Elon Musk Could Be Ordered To Testify Again In US SEC’s Investigation Of Twitter Takeover

The legal proceedings stem from Musk’s 2022 purchase of the social media platform and involve scrutiny over whether he violated federal securities laws during USD 44 billion acquisition of Twitter

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Infosys Partners With AEEE, IIHS To Reduce Carbon Footprint In India’s Commercial Buildings

The partnership aims to realise 100 million sq. ft. of high-performance commercial buildings in India by 2030

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Happiest Minds Technologies Acquires US-based Aureus Tech Systems For $8.5 Mn

Denver-based Aureus Tech Systems, specialises in Azure native digital product engineering services, has established itself as a noted partner in the insurance and healthcare industries

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Nifty, Sensex End Flat Amid Absence Of Fresh Cues

In the Nifty50 index, 26 stocks ends in the green territory, while 24 stocks advance

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