Business

30 Nov

TKM Urban Cruiser Hyryder crosses the milestone of 1,00,000-unit sales in India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) is celebrating a major achievement as the Urban Cruiser Hyryder crosses the 1,00,000 sales mark in India. Since its launch in July 2022, this innovative B-SUV has garnered widespread attention for its blend of Toyota’s world-class hybrid technology, sleek design, and exceptional performance. Available in three powertrains—Self-charging Strong Hybrid Electric (SHEV), Neo Drive, and CNG—the Hyryder has resonated with eco-conscious customers seeking both style and sustainability. At the core of the Urban Cruiser Hyryder is its 1.5-litre engine with Toyota Hybrid System (THS), offering class-leading fuel efficiency of up to 27.97 km/l* in the hybrid variant.…

30 Nov

LIC shares progress over 5%: Clarification issued on takeover talks: IRDAI better positioned amid bancassurance concerns

Priyanka RoyBusiness, latest

Stock market today: Life Insurance Corporation of India share price rose over 5% in morning trade on Friday. The company issued a clarification on takeover talks. LIC is in a better position even amid bancassurance concerns raised by IRDAI. Life Insurance Corporation of India share price opened at ₹946.30 on the BSE on Friday, slightly higher than the previous close price of ₹939.55. Subsequently, during intraday trade, LIC share price touched ₹987.50, leading the market by over 5%. Clarification on takeover talks Life Insurance Corporation of India issued a clarification sought by the stock exchanges in connection with news appearing…

29 Nov

NTPC Green shares gain on solar project news

Priyanka RoyBusiness, latest

Shares of recently listed NTPC Green Energy gained 4% during today's session to hit Rs 127.55 on the BSE after the company announced successful commissioning of the first phase of the 105 MW Shajapur Solar Project having a capacity of 55 MW. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, after successful commissioning, NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has announced the first tranche capacity of 55 MW out of the 105 MW Shajapur Solar Project (Unit-I) at Shajapur, Madhya…

28 Nov

Paytm shares increase 3%, hit fresh 52-week high after UBS raises target price to Rs 1,000

Priyanka RoyBusiness, latest

Paytm shares surged nearly 3% in Thursday's trade, hitting a fresh 52-week high of Rs 942.5, after global brokerage firm UBS maintained a 'neutral' stance on the fintech company and raised its target price to Rs 1,000 from Rs 490. The brokerage noted that significant improvements have already been priced in and suggested that the next phase of business growth should be driven by revenue, as most of the cost optimisation has already happened. UBS expects Paytm's revenue for FY26 to remain at similar levels as FY24. Adjusted EBITDA break-even is likely to be achieved by the fourth quarter of…

27 Nov

realme unveils the much-anticipated realme GT 7 Pro starting from INR 56,999

Business BureauBusiness

realme, the most popular smartphone brand among Indian youth, has unveiled the much-anticipated realme GT 7 Pro with India’s first Snapdragon 8 Elite Flagship chipset. Each generation of GT is designed with the motto “Born to Exceed”, striving to deliver unrivaled performance and push the boundaries of what's possible. The realme GT 7 Pro is a groundbreaking device that boasts several industry firsts. It is the first in India to feature the Snapdragon 8 Elite Flagship chipset, setting new standards for performance and stands out with an impressive Antutu score of 3 million. Commenting on the launch, a realme spokesperson…

27 Nov

Vodafone Idea shares increment 18% after Union Cabinet approves bank guarantee waiver

Priyanka RoyBusiness, latest

Vodafone Idea share price today: Shares of Vodafone Idea (Vi) jumped 18.08% to Rs 8.23 on the BSE in early trade on Tuesday after the Union Cabinet gave in-principle approval regarding the company's bank guarantee matter. At 2:53 pm, Vi shares were trading 8.74% higher at Rs 7.59. The Cabinet offered relief to telecom firms by waiving bank guarantee requirements for spectrum acquisition till 2022. The Department of Telecommunications (DoT) had supported this waiver for spectrum purchases. The 2021 reforms had already removed bank guarantee requirements for auctions from 2022. With the spectrum auction dues moratorium ending in October 2025,…

26 Nov

Byatikram MASDO’s International Writers Meet 2024 boosts literary and cultural exchange in Guwahati

Business BureauBusiness

The Byatikram International Writers Meet 2024, organized by Byatikram MASDO, concluded successfully in Guwahati, marking a significant milestone in the cultural and literary landscape of Northeast India. Held from November 22 to 25, the event attracted a diverse range of global and Indian literary figures, reinforcing the region’s growing stature in the international literary community. The event featured an impressive lineup of international authors, including Tendo Taijin (Japan), Alexandra Nicod (Switzerland), MiodragJaksic (Serbia), and Jorge Contreras Herrera (Mexico), alongside prominent Indian writers such as Dr. Reshma Ramesh, Ashok Chakraborty, and Bijay Shankar Sur. The inaugural session at Aurus Mall was…

26 Nov

Reliance Industries stock progress 3% after Citi upgrades it to ‘buy’ rating

Priyanka RoyBusiness, latest

Reliance Industries stock jumped as much as 3 per cent after analysts at Citigroup upgraded their rating for the stock to a 'buy' rating on November 25. The analysts also raised the price target for the stock to Rs 1,530, implying a 21 per cent upside potential from Friday's close.The brokerage believes the risk-reward dynamics for the stock have shifted favourably, boosted by several favourable conditions. At 10 am, Reliance Industries shares were the top gainers on the Nifty 50, trading at Rs 1,295 on the NSE. Citi expects an improvement in refining margins, mainly due to declining export competitiveness…

25 Nov

RVNL shares gain 10% in early deals, know why

Priyanka RoyBusiness, latest

RVNL shares surged 10.07% to Rs 462.75 on the BSE. RVNL's market cap on the BSE stood at Rs 93,513 crore. Rail Vikas Nigam Limited (RVNL) shares surged 10% in early deals on Monday after the state-owned firm said its joint venture with SCPL received a letter of acceptance from Eastern Railway for a Rs 837.67 crore project. In early deals, RVNL shares surged 10.07% to Rs 462.75 on the BSE. RVNL's market cap on the BSE stood at Rs 93,513 crore. RVNL shares have a one-year beta of 1.5, indicating high volatility during this period. Technically, the Relative Strength…

25 Nov

Air India Express expands operations from Agartala to strengthen northeast connectivity

Business BureauBusiness

Air India Express has ramped up its operations from Agartala, increasing its weekly flights from 14 to 21 as part of its winter schedule. The expanded frequency includes additional flights on the Agartala-Kolkata route, enhancing connectivity for the region. This move follows the airline's addition of Agartala as a station in September 2024 and is part of its larger network expansion, which now includes daily flights linking Agartala to key hubs such as Guwahati, Delhi, and Kolkata. Dr. Ankur Garg, Chief Commercial Officer of Air India Express, highlighted that the increased flights would not only support regional economic growth but…