Business

29

Aug

By The Press Editor

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Business

Reliance Share Price: Stock ends session 2.32% lower post Annual General Meeting – Check details

Reliance Share Price, Reliance Industries AGM: Reliance Industries Chairman and Managing Director Mukesh Ambani said that Reliance Jio will launch its initial public offering in the first half of 2026. Mumbai: Shares of Reliance Industries fell 2.32 per cent to Rs end the trading session at Rs 1,357.05 apiece on the BSE as compared to a fall of 0.34 per cent in the benchmark index. Similarly, the stock ended the session at Rs 1,356, with a 2.16 per cent decline from the closing price of the previous trading session on the National Stock Exchange. The stock has fallen despite Reliance…

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29

Aug

By The Press Editor

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Business

Vande Bharat Express on this route to get more coaches by Onam, Indian Railways takes big decision

Vande Bharat Express: The Railway Board has decided to upgrade the number of coaches in the Mangaluru Central to Thiruvananthapuram Central Vande Bharat from 16 to 20. Thiruvananthapuram: Kerala BJP chief Rajeev Chandrasekhar on Friday stated that one of the two Vande Bharats running in the state might get more coaches as early as Onam festival. In this regard, the Railway Board has decided to upgrade the number of coaches in the Mangaluru Central to Thiruvananthapuram Central Vande Bharat from 16 to 20. Welcoming the upgrade, Chandrasekhar said, in a Facebook post, that it might happen as early as Onam…

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29

Aug

By The Press Editor

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Business

Japan’s E10 Shinkansen bullet trains to be launched in India soon: Check expected deadline, project details

Shinkansen bullet trains: Manufactured to operate on the Japanese signalling system, these trains will run with faster speeds, greater efficiency and enhanced passenger safety on India’s first high-speed rail corridor. New Delhi: Here comes a big news for Indian train passengers. Japan is all set to launch its E10 series Shinkansen bullet trains in India by the early 2030s as part of the Mumbai–Ahmedabad High Speed Rail project, initiative of the India-Japan partnership. An announcement in this regard was made during Prime Minister Narendra Modi’s two-day visit to Japan after his meeting with Japanese Prime Minister Shigeru Ishiba. Taking to…

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29

Aug

By The Press Editor

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Business

Shares of Servotech Renewable end session in green after announcing joint venture, check details

Earlier, the company received an order from Bengaluru International Airport Limited (BIAL) to install ultra-fast EV chargers at Kempegowda International Airport. Mumbai: Shares of Servotech Renewable Power System ended the session in the green, even as the benchmark index extended its downward journey for the third consecutive day. The counter opened flat at Rs 122.09 but later gained to touch the intraday high of Rs 124.89 and hit an intraday low of Rs 122.02. The stock has a 52-week high of Rs 205.40 and a 52-week low of Rs 97.55. The market cap of the company is Rs 2,762.09 crore. …

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29

Aug

By The Press Editor

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Business

Indian economy to grow 6.3-6.8% in FY26 despite Trump’s tariff challenges: CEA Nageswaran

India’s Chief Economic Advisor, V. Anantha Nageswaran, said he does not expect significant downside risks to GDP growth due to high US tariffs. New Delhi: Chief Economic Advisor V Anantha Nageswaran on Friday expressed confidence that Indian economy will grow at a rate between 6.3 and 6.8 per cent in the current fiscal on strong domestic demand even as there would be some downside risks to the projections due to steep 50 per cent US tariffs. Trump’s tariffs are expected to be short-lived Soon after the announcement of first quarter GDP numbers which came in at 7.8 per cent,…

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29

Aug

By The Press Editor

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Business

From SBI credit card to hallmarking on silver jewellery, these 5 changes expected from September 1

The postal services will also undergo significant changes, starting this September. Announcements have been made that registered post will be merged with the speed post service. Mumbai: Like every month, some changes are likely to kick in on September 1, which will have a direct impact on the savings of the common people. These changes include the credit-card-related changes, changes in LPG cylinder prices, and others. Let’s see the top 5 changes likely to be unveiled from September 1.  State Bank of India (SBI), the country's largest bank, has announced some changes in its policy for its credit card…

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29

Aug

By The Press Editor

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Business

Warren Buffett: 5 investing tips that investors can learn from him

At the age of 13, Warren Buffett filed his first income tax return. By the time he finished high school, he had purchased a 40-acre farm in Omaha, Nebraska. New Delhi: Warren Buffett, the world’s fifth-richest man, turns 95 this Sunday. Known as one of the most successful investors, Buffett was born on August 30, 1930, in Omaha, Nebraska, in the United States. Buffett, the octogenarian billionaire and the chairman and chief executive officer of investment firm Berkshire Hathaway, bought his first stock in 1941 at the age of just 11. At the age of 13, he filed his first…

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29

Aug

By The Press Editor

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Business

India posts 7.8% GDP growth in June quarter of FY26 against 6.5 per cent a year ago

Nominal GDP or GDP at current prices in Q1 of FY 2025-26 is estimated at Rs 86.05 lakh crore, against Rs 79.08 lakh crore in Q1 of FY 2024-25, showing a growth rate of 8.8 per cent. New Delhi: India's growth rate in the first quarter of the financial year 2025-26 was 7.8 per cent as compared to 6.5 per cent in the same quarter a year ago. Real GDP, or GDP at constant prices, in Q1 of FY 2025-26 is estimated at Rs 47.89 lakh crore, compared to Rs 44.42 lakh crore in Q1 of FY 2024-25, representing a…

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29

Aug

By The Press Editor

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Business

Defence stock Apollo ends higher after agreement with DRDO – Details

Apollo Micro Systems has announced that it has entered into an agreement with the Defence Research and Development Organisation (DRDO) for Transfer of Technology (TOT) of Omni-Directional multi-EFP warhead for NASM-SR Missile. Mumbai: Shares of Apollo Micro Systems, a technology-driven firm in the aerospace, defence, and homeland security sectors, ended the session with a gain of around 9 per cent on Friday, August 29, 2025, even as the benchmark indices ended the highly volatile session in the red. The stock opened in green today after two consecutive days of decline. The stock opened at Rs 243.25, compared to the previous…

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29

Aug

By The Press Editor

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Business

Reliance AGM 2025: Jio IPO likely by first half of 2026, says Mukesh Ambani

Reliance AGM 2025: The listing, expected to be one of the biggest in India’s market history, could raise over Rs 50,000 crore. New Delhi: Reliance Industries Ltd. (RIL) Chairman and Managing Director Mukesh Ambani on Friday said that the company plans to list Jio in the first half of 2026. Addressing the shareholders during Reliance Industries’ 48th Annual General Meeting (AGM), Ambani stated that Jio is making all necessary arrangements to file for its IPO, and it will be a good opportunity for all investors.  "Today, it is my proud privilege to announce that Jio is making all arrangements to…

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