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Kolkata Metro set for major expansion, 3 new routes likely to open by end of August – Check details
14
Aug
By The Press Editor
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Business

Kolkata Metro set for major expansion, 3 new routes likely to open by end of August – Check details

The expansion of Kolkata Metro is likely to continue in the month of September as well with two more stretches having received mandatory clearances. Kolkata: In a major boost for metro commuters in the City of Joy, the Kolkata Metro is set to launch three new stretches, significantly improving the connectivity in the city. An official of the cityโ€™s metro operator โ€˜Metro Railway Kolkataโ€™ on Wednesday announced the development. The latest development follows the inspection of the Noaparaโ€“Airport stretch and East-West metroโ€™s 2.6 km long Esplanadeโ€“Sealdah section conducted by railway board chairman Satish Kumar.ย  News agency PTI quotes the spokesperson…
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This real-estate stock edges higher post strong Q1 results – Check share price and other details
14
Aug
By The Press Editor
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Business

This real-estate stock edges higher post strong Q1 results – Check share price and other details

According to BSE Analytics, the stock has delivered a massive return of 36233 per cent in five years against the growth of 112.82 per cent in the benchmark index. Mumbai: Shares of Hazoor Multi Projects gained on Thursday, August 14, 2025, after the company reported a substantial increase in its net profit for the first quarter of the financial year 2025-26. The stock started the trading session in the red at Rs 43.21 against the previous close of Rs 43.35 on the BSE. However, it rebounded and touched the intraday high of Rs 44.05, representing a 1.61 per cent gain…
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383% return in 2 years: Jewellery stock in focus on allotment of 97.84 lakh equity shares – Do you own?
14
Aug
By The Press Editor
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Business

383% return in 2 years: Jewellery stock in focus on allotment of 97.84 lakh equity shares – Do you own?

Stock has been losing for the last two days and has fallen 2.31 per cent in the period. Technically, the stock trades lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Mumbai: Shares of Delhi-based PC Jeweller are in focus on Thursday, August 14, 2025, as the company has informed exchanges about the allotment of 97.84 lakh equity shares post the conversion of fully convertible equity warrants. The company said that 97,84,800 equity shares with face value of Re 1 each were allotted to two allottees belonging to 'non-promoter, public categoryโ€™. The allotment has been done upon receipt…
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India’s WPI inflation remains negative for second month in July – Check details
14
Aug
By The Press Editor
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Business

India’s WPI inflation remains negative for second month in July – Check details

Wholesale Price Inflation: In the case of manufactured products, inflation was higher at 2.05 per cent in July, as against 1.97 per cent in the month before. New Delhi: India's Wholesale Price Inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July. The WPI has eased further as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday. WPI-based inflation was (-) 0.13 per cent in June. It was 2.10 per cent in July last year. "Negative rate of inflation in July,…
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JSW Cement Listing on NSE, BSE: Stock makes positive debut on bourses, lists at 4% premium over IPO price
14
Aug
By The Press Editor
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Business

JSW Cement Listing on NSE, BSE: Stock makes positive debut on bourses, lists at 4% premium over IPO price

JSW Cement IPO Listing Date: JSW Cement, which mobilised Rs 1,080 crore from anchor investors, received 7.77 times subscription on the closing day. Mumbai: Shares of JSW Cement Ltd made a positive debut on the bourses today with a premium of over 4 per cent against the issue price of Rs 147. The stock opened at Rs 153, up 4 per cent from the issue price on the BSE. At the NSE, it listed at Rs 153.50, a premium of 4.42 per cent. The company's market valuation stood at Rs 20,914.02 crore. Later, it jumped 5.23 per cent to…
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Who is Ravi Ghai? Know about his family’s net worth, as granddaughter gets engaged to Arjun Tendulkar
14
Aug
By The Press Editor
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Business

Who is Ravi Ghai? Know about his family’s net worth, as granddaughter gets engaged to Arjun Tendulkar

Ravi Ghai is the chairman of the Graviss Group, a big name in the hospitality and food-and-beverage industry in Mumbai. The family has strong ties to the hospitality and food industries. Mumbai: Mumbai-based businessman Ravi Ghai's granddaughter, Saaniya Chandok, is engaged to legendary cricketer Sachin Tendulkar's son, Arjun Tendulkar. The engagement ceremony was a private event, attended only by close family and friends.ย  Who Is Ravi Ghai? Ravi Ghaiย is the non-executive chairman of the Graviss Group. The Ghai family is the owner of the InterContinental hotel onย Marine Driveย and the popular dessert brand Brooklyn Creamery. The family has strong ties to…
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Market Opening Bell: Sensex in green, Nifty holds 24,600, Infosys gains over 1%
14
Aug
By The Press Editor
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Business

Market Opening Bell: Sensex in green, Nifty holds 24,600, Infosys gains over 1%

Sensex, Nifty Today (August 14): In early trade, 1,567 stocks in the Nifty pack were trading in the green, while 559 were trading in the red. Eighty-six stocks remained unchanged. Mumbai: Sensex, Nifty Today: The Indian equity benchmark indices, the Sensex and Nifty, began the day on a subdued note on Thursday, August 14, 2025, amid mixed global cues. The 30-share BSE Sensex gained 85.37 points to start the session at 80,625.28; however, the Nifty was down by 12.1 points to open at 24,607.25. In the last trading session, the Sensex closed at 80,539.91 and the Nifty 50 at 24,619.35.…
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Good news for bank customers: RBI says banks will clear cheques within few hours from October 4
13
Aug
By The Press Editor
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Business

Good news for bank customers: RBI says banks will clear cheques within few hours from October 4

The RBI said there will be a single presentation session from 10:00 AM to 4:00 PM and cheques received by the branches shall be scanned and sent to the clearing house by the banks immediately and continuously during the presentation session. Mumbai: Here comes a piece of good news for bank customers. The RBI says banks will clear cheques within few hours from October 4. The central bank said it will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.…
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ICICI slashes minimum balance for new savings accounts to Rs 15,000 from Rs 50,000 after outrage
13
Aug
By The Press Editor
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Business

ICICI slashes minimum balance for new savings accounts to Rs 15,000 from Rs 50,000 after outrage

ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have rationalised their penalties. New Delhi: The ICICI Bank on Wednesday slashed the minimum balance for new savings accounts to Rs 15,000 from Rs 50,000 following significant customer pushback against an earlier steep hike that had sparked widespread outrage. New MAB thresholds set at Rs 15,000 The bank has now set the MAB thresholds at Rs 15,000 for customers in metro and urban areas, Rs 7,500 for semi-urban customers, and Rs 2,500 for rural account holders. The bank customers…
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