Indian economy
-
Business
Hyundai India Set Launch Historic $3.3 Billion IPO in Mumbai Today
Hyundai India is set to open the order books for its massive $3.3 billion initial public offering (IPO) in Mumbai, starting Monday, according to regulatory filings. This offering marks the largest IPO in Indian history and ranks as the second-largest globally in 2024. India’s capital markets continue to show remarkable momentum, with 260 companies raising over $9 billion so far…
Read More » -
USA
Rahul Gandhi in USA: Calls for a Manufacturing Revival in India to Combat Unemployment
Washington: During visit to the University of Texas in Dallas, Rahul Gandhi, the Leader of Opposition in the Lok Sabha, highlighted the pressing issue of unemployment facing India and the West, contrasting it with China’s stronghold on global production. Gandhi emphasized that India possesses ample skilled labor and could effectively compete with China by refocusing its efforts on manufacturing. Addressing…
Read More » -
Business
Gautam Adani Tops Hurun India Rich List as Wealth Soars to ₹11.61 Lakh Crore
The 2024 Hurun India Rich List has set new benchmarks, reflecting an unprecedented surge in the wealth of India’s elite. For the first time, the list features over 1,500 individuals, with a total of 1,539 people each possessing a net worth exceeding ₹1,000 crore. Gautam Adani and his family have once again topped the list, with their wealth skyrocketing by…
Read More » -
India News
Anil Ambani Faces Major Setback as SEBI Bans Him from Securities Market
Anil Ambani, a prominent figure in Indian business and chairman of the Reliance Group, was recently barred from the securities market for five years and fined approximately $3 million by the Securities and Exchange Board of India (SEBI) on charges related to the diversion of funds. Ambani responded by stating that he is reviewing the order and will take the…
Read More » -
Business
Piyush Goyal Clarifies Government Stance on E-Commerce, Advocates Fair Competition
New Delhi: Commerce and Industry Minister Piyush Goyal, after initially criticising Amazon for its pricing strategies, clarified on Thursday that the government is not against e-commerce but is committed to ensuring fair competition between online and offline markets. Speaking to students at Atharva College in Mumbai, Goyal emphasized that while the government welcomes foreign direct investment (FDI) and technological advancements,…
Read More » -
Loans
Loans for Artisans in Dharwad District Under PM Vishwakarma Scheme, Details
Dharwad: To increase employment and production of artisans in urban and rural areas, the central government has launched a new scheme called PM Vishwakarma, and artisans engaged in various traditional industries in the district should register for the PM Vishwakarma scheme online, said District Panchayat Chief Executive Officer Swaroop T.K. She was speaking at the inauguration of the PM Vishwakarma…
Read More »
