Business

03

Nov

By The Press Editor

Business

BLS Polymers shares make strong debut on the bourses, list at 65% premium over IPO price

Shares of BLS Polymers, which manufactures custom-formulated polymer compounds, made a bumper debut on the bourses today, listing at Rs 248 on the National Stock Exchange (NSE), a 65.33 per cent premium to the IPO price of Rs 150 per share. On the BSE, the stock debuted at Rs 244.10, up 62.73 per cent from the issue price. The stock gained further and touched an intraday high of Rs 260, up 6.51 from the listing price. Last seen, the stock traded at Rs 251.75, up 7.65 or 3.13 per cent from the listing price, and the company's market cap stood at…

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03

Nov

By The Press Editor

Business

Speciality retail stock to be in focus as company announces second interim dividend, quarterly results

Shares of Bhatia Communications & Retail (India) Limited will be in focus as the company has announced its unaudited financial results for the second quarter and half-year ended September 30, 2026, along with the second interim dividend for the financial year 2026-27. The stock ended the last trading session with a strong gain of 11.81 per cent or Rs 3.83 at Rs 36.27 amid a rally in the benchmark index. Sensex rallied 1,233 points to close at a more-than-seven-week high, while Nifty ended above 23,400 on Monday amid cooling crude oil prices. The market cap of the company stood at…

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02

Nov

By The Press Editor

Business

Defence stock trades in green as company’s open offer for acquisition oversubscribed by 1.41%

Amid the spectacular rally in the stock market on Monday, shares of defence and aerospace sector company Apollo Micro Systems Ltd are on the radar of investors as the company has updated investors on the open offer process for the acquisition of Premier Explosives Limited, stating that the company had initiated the acquisition process under the Share Purchase Agreement dated July 9, 2026. Under this agreement, Apollo Micro Systems had made an open offer to acquire 1,39,77,600 equity shares of the company from the public shareholders of Premier Explosives, representing 26 per cent of the company's total equity. The open…

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02

Nov

By The Press Editor

Business

Nita Ambani lays foundation stone for 100-acre Anant Ashray, to provide lifelong care to 5,000 people

Reliance Foundation founder and chairperson Nita Ambani made a major announcement on her birthday on November 1. Nita Ambani and the Ambani family laid the foundation stone of the "Nita Mukesh Ambani Anant Ashray" in Karjat, Maharashtra, on Sunday. The "Nita Mukesh Ambani Anant Ashray" will be a beautiful home for orphaned children, the elderly, and those with developmental disabilities. Nita Mukesh Ambani Anant Ashray will be spread over 100 acres of land Nita Ambani performed the Bhoomi Pujan and laid the foundation stone of the 'Nita Mukesh Ambani Anant Ashray' in Karjat, near Mumbai. 'Nita Mukesh Ambani Anant Ashray', a…

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02

Nov

By The Press Editor

Business

Ancient wisdom must solve present problems to improve lives, says Dr Priti Adani at Varanasi Symposium

Ancient wisdom must address contemporary challenges to meaningfully transform lives, declared Dr Priti Adani, Chairperson of the Adani Foundation, while delivering the keynote address at the World Symposium on "Ancient Wisdom for Modern Challenges" in Varanasi on Monday. "Ancient wisdom does not become valuable simply because it is ancient. It becomes valuable when we discover its relevance to contemporary problems," she said while speaking along the banks of the Ganges, calling for civilisational knowledge to be preserved and applied to address suffering, inequality and conflict.  Preserving civilisational knowledge via technology Highlighting the importance of cultural identity, Dr Adani announced that…

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02

Nov

By The Press Editor

Business

IT stock ends session in green amid 1.50% rally in benchmark indices, update on SpaceX International order

Amid today's market rally, IT company Blue Cloud Softech Solutions Ltd. shares were on investors' radar and ended the session in the green. The movement in stock was closely monitored as the company has announced that SpaceX International Ltd, Labuan, has issued a formal certificate of services rendered and acceptance for October 2026 under Statement of Work (SOW) No 1. Following the acceptance, the company's US subsidiary raised an invoice of USD 10 million for the month. Order worth Rs 150 million In its filing, the company stated that Blue Cloud Softech Solutions Limited has received an international order worth…

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02

Nov

By The Press Editor

Business

Japan’s OMRON Healthcare commences production at India’s first factory, targets 10X growth by 2028

Japan-based medical devices maker OMRON Healthcare has commenced production at its first factory in India. The step aims at expanding the company's local manufacturing footprint and supporting the government's 'Make in India' initiative. Talking about the company’s medium- to long-term India strategy, Ayumu Okada, President and CEO of OMRON Healthcare Co, Ltd., said the company will continue to contribute to the Make in India initiative.  "By strengthening local manufacturing and deepening collaboration with healthcare professionals and partners, we will continue to contribute to the Make in India initiative and support healthier lives for people across India," said Ayumu Okada, President and…

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02

Nov

By The Press Editor

Business

Government notifies new airfare rules, allows Centre to intervene in ‘extraordinary situations’

The Centre has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public interest. The development comes amid concerns over high airfares, against a backdrop of continued increases in crude oil and Aviation Turbine Fuel (ATF) prices. The Bharatiya Vayuyan Niyam, 2026, notified by the Union Ministry of Civil Aviation, will take effect on January 1, 2027. Under the Bharatiya Vayuyan Niyam, 2026, the Centre can issue directions to airlines on fares if it considers intervention necessary in an extraordinary situation. Such directions must be proportionate to the circumstances and remain in force…

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01

Nov

By The Press Editor

Business

Railway Minister Ashwini Vaishnaw shares rare visuals of India’s first bullet train

New Delhi: Railway Minister Ashwini Vaishnaw has shared visuals of India's first bullet train. The rail minister shared the visuals through his X post, which reads - "Are you ready? Making of Bharat’s first Bullet Train."According to Vaishnaw, the bullet train will be on the tracks for testing by May or June of next year. Once bullet train service resumes, people will be able to reach Mumbai from Vadodara in just an hour and a half. Speaking at the 'NaMo for Viksit Bharat' event, Vaishnaw said that the bullet train will be inaugurated by the Prime Minister after two to…

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01

Nov

By The Press Editor

Business

Ashwini Vaishnaw flags off Bengaluru-Mumbai Vande Bharat Sleeper; check train timings, routes, fares – details

Bengaluru: Railway Minister Ashwini Vaishnaw on Sunday flagged off the inaugural run of the Vande Bharat Sleeper Express connecting Bengaluru and Mumbai, strengthening overnight rail connectivity between the two major metropolitan cities. The Vande Bharat Sleeper rake having 16 coach departed from Sir M Visvesvaraya Terminal (SMVT), Bengaluru, is scheduled to reach Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai, at 6.15 am on Monday. Union Ministers Pralhad Joshi, H D Kumaraswamy, Ministers of State V Somanna and Shobha Karandlaje, Members of Parliament Tejasvi Surya, P C Mohan and C N Manjunath, among others were present. Bengaluru-Mumbai Vande Bharat Sleeper: Check train…

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