Business

21 Mar

EU Struggles to Unite on Defense Policies as Ukrainian President Appeals for Support

Sonakshi Sarkarinternational

During a recent European Council summit in Brussels, Ukrainian President Volodymyr Zelenskyy emphasized the necessity of sustained and increased EU support for Ukraine, especially in light of former U.S. President Donald Trump's withdrawal from international commitments. While EU nations are prepared to escalate sanctions against Russia, they remain divided on implementing cohesive defense strategies. This fragmentation stems from varying geographical, historical, and economic contexts among member states. For instance, Poland and the Baltic nations, due to their proximity to Russia, advocate for immediate action, whereas Southern European countries like Italy and Spain prioritize other security and economic concerns. France and…

21 Mar

Zee Entertainment shares gain 6% as CLSA sees stock price doubling in 12-24 months

Priyanka RoyBusiness, News

Shares of Zee Entertainment Enterprises Ltd (ZEEL) rose 6% on March 20 after brokerage firm CLSA sees stock price doubling in the next 12-24 months. The foreign brokerage believes advertising revenue-led growth could lead to a rerating of the stock, as it suggested a target price of Rs 170. Zee's EBITDA margin has grown 9 per cent from the bottom and even assuming 6 per cent year-on-year (YoY) advertising growth, Zee could post 22-23 per cent year-on-year (YoY) growth in EBITDA and profit after tax in FY26-27, CNBC-TV18 reported CLSA. On March 20, Zee Entertainment shares were trading 6% higher…

20 Mar

Aluminium futures prices gain on fresh deals

Priyanka RoyBusiness, News

New Delhi, March 20: Aluminium prices on Thursday rose by 45 paise to Rs 262.10 per kg in the futures market due to fresh deals by speculators amid positive trend in the spot market. The price of aluminium contract for April delivery on the Multi Commodity Exchange rose by 45 paise or 0.17 per cent to Rs 262.10 per kg in a business of 1,375 lots. Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

19 Mar

Tata Motors vehicle prices to jump from April 2025 | See details

Priyanka RoyBusiness, News

Tata announces price hike: Prices of Tata Motors passenger and commercial vehicles are set to rise from April 2025. According to the company, the price hike is necessary to mitigate the impact of rising input costs. The extent of the price hike will depend on the make, model and variant of the vehicle. Tata Motors commercial vehicle prices will also increase by up to 2%, effective April 1, 2025. The $44 billion company said in an exchange filing that it remains committed to providing cutting-edge mobility solutions despite rising production costs. The price hike is expected to particularly impact fleet…

18 Mar

Eugenix Hair Sciences leads the surge in hair transplant

Business BureauBusiness

The global hair transplant industry is witnessing unprecedented growth, projected to reach USD 141.88 billion by 2032 at a CAGR of 25.2%. In India, the sector is expanding rapidly, with Eugenix Hair Sciences emerging as a leader. Founded by Dr. Pradeep Sethi and Dr. Arika Bansal, Eugenix has performed over 16,000 procedures, including 1,800 Grade 6/7 baldness cases, setting new industry benchmarks. Eugenix has gained prominence with its Direct Hair Transplant (DHT) technique, attracting Bollywood celebrities like Boney Kapoor, cricketers Mohammed Shami, Ravi Shastri, and Mohammed Azharuddin, and singer Anup Jalota. With a dedicated focus on hair restoration, state-of-the-art facilities,…

18 Mar

Centum Electronics shares increase 5%, company raises Rs 210 crore through QIP

Priyanka RoyBusiness, News

Centum Electronics shares rose over 5 percent on March 17 and closed at Rs 1,350 per share. This development comes after the company announced that it has raised Rs 210 crore through its qualified institutional placement (QIP). Notably, Prashant Jain's 3P India Equity Fund acquired 3.52 percent stake (over 5.17 lakh equity shares) in the company by participating in the QIP. This took the firm's total stake in the company to 5.47 percent. The company announced that the QIP comprises 18.10 lakh shares at an issue price of Rs 1,160 per equity share. However, this is around Rs 60 lower…

17 Mar

A Smoker’s dilemma: Can India’s tobacco policies pave the way for safer alternatives?

Business BureauBusiness

India’s tobacco industry, with 300 million users, stands at a critical juncture where regulatory modernization could drive economic growth and public health benefits. Speaking at the Times Group ET NOW Global Business Summit 2025, Frederic De Wilde, President SSEA, CIS & MEA Region at Philip Morris International (PMI), highlighted the need for science-backed policies to introduce less harmful alternatives. De Wilde emphasized that regulatory clarity has accelerated economic transformation in sectors like renewable energy and digital finance. He pointed to Japan, where alternative products reduced cigarette sales by 50%, and Sweden, which boasts Europe’s lowest smoking rate and lung cancer…

17 Mar

Crew-10 Mission Arrives at International Space Station to Facilitate Astronauts’ Return

Sonakshi Sarkarinternational

A SpaceX Crew Dragon capsule successfully docked with the International Space Station (ISS), delivering four astronauts as part of NASA's Crew-10 mission. This arrival enables astronauts Butch Wilmore and Suni Williams, who have been on the ISS for over nine months, to return to Earth. The docking occurred approximately 29 hours after launch from the Kennedy Space Center in Florida. The returning astronauts are scheduled to depart the ISS on Wednesday, marking the end of their extended mission.

17 Mar

Singapore’s February exports gain 7.6% on year, below forecast

Priyanka RoyBusiness, News

SINGAPORE - Singapore's non-oil domestic exports rose 7.6% in February from the same month last year, government data showed on Monday, boosted by growth in sales of both electronics and non-electronics. The increase was against a Reuters poll forecast of an 8.7% rise and followed a 2.1% decline in January.The statement from Enterprise Singapore did not include details of the month-on-month seasonally adjusted change in exports. Shipments to the United States, Taiwan, South Korea, Malaysia and the European Union rose on a yearly basis in February, while exports to China, Hong Kong and Indonesia declined.

13 Mar

Legal Challenges Escalate as Philippine VP Seeks Remedies in The Hague

Sonakshi Sarkarinternational

Philippine Vice President Sara Duterte has embarked on a trip to The Hague as legal challenges intensify following the arrest of former President Rodrigo Duterte. The former leader's detention has ignited political tensions within the country, with supporters and detractors debating the legitimacy of the charges. Vice President Duterte's visit to the International Criminal Court aims to explore legal avenues to address the situation, reflecting the complex interplay between national sovereignty and international law. This development underscores the ongoing debates surrounding accountability and justice in the Philippines' political landscape.