Business

28 Dec

Eugenix Hair Sciences boosts hair restoration market with celebrity endorsements

Business BureauBusiness

Eugenix Hair Sciences, a pioneer in hair restoration, is driving economic growth in the premium cosmetic care sector with its advanced Direct Hair Transplant (DHT) technology. At a recent event, Bollywood icon Boney Kapoor shared his transformative experience, praising Eugenix for restoring his confidence and rejuvenating his appearance. Filmmaker Anees Bazmi also endorsed the clinic, highlighting its growing reputation among high-profile clients. The Agartala market is emerging as a promising hub for premium hair restoration services. With increasing awareness of self-care and aesthetic solutions, residents are showing interest in Eugenix’s cutting-edge technology and personalized care. The clinic’s success in delivering…

28 Dec

Jersey Electricity reports 8.5% revenue increase in 2024

Priyanka RoyBusiness, latest

JERSEY - Jersey Electricity plc has announced its financial results for the year ended September 30, 2024, reporting an 8.5% increase in revenue to £135.7 million. The company, which has been a major player in the island's energy sector for a century, recorded a profit before tax of £15.1 million, a slight improvement on the previous year's £14.9 million. The Board recommended a final dividend of 12.00p per share for the year, an increase of 5.3% from the 2023 dividend. This, combined with the interim dividend, brings the total dividend for the year to 19.80p per share. The final dividend…

28 Dec

Multicap Momentum Quality Index Fund is introduced by Tata AIA

Business BureauBusiness

Tata AIA Life Insurance has announced the launch of the Tata AIA Multicap Momentum Quality Index Fund, a unique investment product that combines the benefits of long-term capital appreciation with life cover and health management services. The New Fund Offer (NFO), open from 24th to 31st December 2024, aims to replicate the Nifty 500 Multicap Momentum Quality 50 Index, focusing on momentum-driven, high-quality stocks across large-cap, mid-cap, and small-cap segments. The fund will invest 80%-100% in equity and equity-related instruments, ensuring strong growth potential, with 0%-20% in cash and money market instruments for liquidity. HarshadPatil, Executive Vice President and CIO…

27 Dec

Aluminium futures prices gain due to fresh deals

Priyanka RoyBusiness, latest

New Delhi, December 27: Aluminium prices rose by 25 paise to Rs 241.65 per kg in the futures market on Friday due to fresh deals by speculators amid positive trend in the spot market. The price of aluminium contract for January delivery rose by 25 paise or 0.1 per cent to Rs 241.65 per kg in Multi Commodity Exchange in which 3,245 lots were traded. Analysts said that fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

26 Dec

Crude oil futures rise amid strong US data and rising imports from India

Priyanka RoyBusiness, latest

January crude oil futures on MCX were trading at ₹5934 in the early hours of trade on Tuesday. Crude oil futures rose on Tuesday morning following strong US economic data and rising demand from India. February crude oil futures on WTI (West Texas Intermediate) were up 0.44 per cent at $72.64, and February crude oil futures on WTI (West Texas Intermediate) were up 0.42 per cent at $69.53. On the Multi Commodity Exchange (MCX) in the early hours of trade on Tuesday, January crude oil futures were trading at ₹5934 as against the previous close of ₹5,901, up 0.56 per…

23 Dec

1% expansion in market capitalisation leads to 0.6% increase in gross domestic product (GDP) growth rate: SBI Eco Research

Priyanka RoyBusiness, latest

A report by the SBI Economic Research Department said that an increase in market capitalisation strengthens the economy and boosts investor confidence, thereby boosting overall economic growth. Also, the report claimed that a one per cent increase in market capitalisation leads to a 0.6 per cent increase in gross domestic product (GDP) growth rate. "Impulse response suggests that a 1 standard deviation shock in market capitalisation has a positive impact on the real economy, with the effect dissipating after three time periods," the report said. It also mentioned that Granger causality analysis suggests that an increase in market capitalisation Granger-causes…

21 Dec

Gold price in Chennai downgrade by Rs 240 per sovereign on December 20, taking the price of one gram to Rs 7,040

Priyanka RoyBusiness, latest

Thus, the price of gold has come down by Rs 30 per gram, now the price of one gram has become Rs 7,040. Chennai: Gold price in Chennai fell by Rs 240 per sovereign on Friday (December 20), and the yellow metal is selling at Rs 56,320 per sovereign. Thus, the price of gold has come down by Rs 30 per gram, now the price of one gram has become Rs 7,040. Gold price has seen slight fluctuations in the last one week. On December 19, the price of gold was Rs 56,560, which was Rs 57,200 on December 18.…

20 Dec

SpiceJet shares expansion 9%

Priyanka RoyBusiness, latest

The budget airline, which recently raised Rs 3,000 crore amid financial challenges, is settling various disputes with lessors and other entities.SpiceJet shares jumped 9 percent on Thursday after the company said aircraft lessor Genesis will buy a stake in the airline worth USD 4 million as part of settling a dispute worth over USD 16 million.The stock closed 8.97 percent higher at Rs 61.33 on the BSE. During the day, it rose 10.14 percent to Rs 61.99.For the settlement, the airline will also pay USD 6 million to Genesis.The budget airline, which recently raised Rs 3,000 crore amid financial challenges,…

19 Dec

Direct tax collection in 2024-25 inflation 20.3% to Rs 19.2 lakh crore

Priyanka RoyBusiness, latest

New Delhi [India], Dec 18 (ANI): Gross direct tax collection by the government so far in 2024-25 rose 20.32 percent year-on-year to Rs 19.21 lakh crore, according to data released by the Central Board of Direct Taxes (CBDT) on Wednesday. The gross tax collection during the same period last year was Rs 15.96 lakh crore. Talking about net direct tax collection, it rose 16.45 percent to Rs 15.82 lakh crore from Rs 13.59 lakh crore in the same period a year ago. Refunds for this period rose 42.49 per cent to Rs 3.38 lakh crore from Rs 2.37 lakh crore…

19 Dec

Durex’s ‘The Birds and Bees Talk’ makes waves at Hornbill Festival with Asia’s first Consent Café

Business BureauBusiness

The 25th edition of the iconic Hornbill Festival, famously known as the Festival of Festivals, has concluded with unprecedented enthusiasm, drawing a record-breaking footfall of 2.5 lakh visitors to the Kisama Heritage Village, Nagaland. Durex The Birds and Bees Talk (TBBT), a transformative life skills program by Reckitt, a global leader in health and hygiene, made its mark as the festival’s official Health Partner, driving impactful conversations around consent through groundbreaking initiatives. This year, Durex TBBT made history by launching Asia’s first-ever Consent Cafe, inaugurated by Shri Anoop Khinchi (IAS), Commissioner & Secretary, Health & Family Welfare, and Shri Thavaseelan…