Business

27

Dec

By The Press Editor

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Business

From resale value to longevity, Reia Diamonds CEO Prapanjj SK Kota explains everything about lab-grown diamonds

In terms of longevity and even shine, a lab-grown diamond is the same as a natural diamond. Since it is chemically and physically the same, it will last forever, and its shine will be evergreen. New Delhi: From resale value to longevity, Reia Diamonds CEO Prapanjj SK Kota explains everything about lab-grown diamonds  The lab-grown diamond (LGD) market is experiencing significant growth, with a 2024 market size of approximately USD 25-30 billion. Reports suggest it is likely to double, reaching USD 75-82 billion by 2034. According to Prapanjj SK Kota, Founder & CEO of Reia Diamonds, the exponential growth of…

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27

Dec

By The Press Editor

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Business

India’s first fully elevated railway terminal proposed in Yelahanka at Rs 6,000 crore: Details

Being planned over an area of almost 20 acres, the terminal is slated to be built on land belonging to the Railway Wheel Factory (RWF). Bengaluru: Taking inspiration from China’s Hangzhou railway station, the South Western Railway (SWR) has given a proposal for the construction of an airport-style coaching terminal in North Bengaluru’s Yelahanka, which would be a modern, sprawling facility. According to a report by Moneycontrol, the project, once approved, will become Bengaluru’s fourth major terminal after Sir M Visvesvaraya Terminal at Byappanahalli, joining KSR Bengaluru City and Yeswantpur.  Planned in an area of 20 acres Being planned over…

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27

Dec

By The Press Editor

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Business

Centre gives nod to two new airlines after IndiGo crisis; Al Hind Air, FlyExpress to take skies

Apart from Air India, Air India Express, IndiGo and state-owned Alliance Air, other scheduled carriers are Akasa Air, SpiceJet, Star Air, Fly91 and IndiaOne Air, as per latest data from the Directorate General of Civil Aviation (DGCA). New Delhi: The Civil Aviation Ministry has cleared two new airlines—Al Hind Air and FlyExpress—to begin operations next year, according to a PTI report. Both carriers received their no-objection certificates (NOCs) from the ministry on Wednesday. In addition, Uttar Pradesh-based Shankh Air is also preparing to enter the aviation market and is expected to launch flight operations in 2026. The airline has already…

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27

Dec

By The Press Editor

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Business

Will your PF account still earn interest even after you leave job? Know truth here

After you leave your job, your PF account is considered active for the next 36 months. After this period ends, the account is marked as inoperative. However, the "inoperative" account does not mean "non-earning." New Delhi: Several employees believe that after they leave a job, their Provident Fund (PF) account stops earning interest after a few years and confusion often leads to rushed withdrawals or unnecessary worry about losing hard-earned savings. However, in reality, the Employees' Provident Fund Organisation (EPFO) has made regulations in a way that it continues to protect and grow an employee's PF balance, even after job…

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15

Dec

By The Press Editor

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Business

Uttarakhand fast-tracks six ropeway projects to boost pilgrimage, tourism connectivity

The six projects, which are selected to be taken forward, include key links for pilgrims and tourists across the state. Dehradun: As part of a major infrastructure transformation, Uttarakhand is slated to give a major push to its ropeway infrastructure. According to the latest update, while the state government has identified six priority projects following a high-level meeting chaired by Chief Secretary Anand Vardhan, almost 50 proposals in the state are under consideration. Steering Committee for Ropeway Development Following the meeting of the Steering Committee for Ropeway Development, which marked a crucial step towards ensuring timely approvals and fast-tracking construction,…

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15

Dec

By The Press Editor

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Business

BSE smallcap stock in focus as UAE-based FII buys 23.33% stake via preferential allotment: Details

According to the information shared, the acquisition was made through direct preferential allotment rather than through the open market. Mumbai: Shares of Blue Cloud Softech Solutions Ltd, a smallcap IT company with a market cap of Rs 1,061.47 crore, are on the radar of investors today as UAE-based Siraj Holdings LLC has acquired a majority stake in the company through preferential allotment. According to the information shared, the acquisition was made through direct preferential allotment rather than through the open market. Siraj Holdings received a total of 175,725,000 equity shares, including voting rights, as part of the transaction. The acquisition…

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15

Dec

By The Press Editor

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Business

Upper circuit alert: This stock gains even as markets remain volatile, here’s why

According to BSE Analytics, the stock has delivered a multibagger return of 815.38 per cent in five years and 158 per cent in three years. Mumbai: Shares of Excel Realty N Infra, a company which is engaged in setting up call centre outsourcing and Business Process Outsourcing (BPO) and other commercial spaces, are locked in the upper circuit even as the stock market remains volatile amid weak global cues and persistent foreign fund outflows. The counter started the trading session in green at Rs 1.16 on the BSE against the previous close of Rs 1.14. However, it gained over 4…

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15

Dec

By The Press Editor

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Business

Stock under Rs 200 hits upper circuit after bagging long-term supply contract: Check details

According to BSE Analytics, the stock has gained more than 27 per cent in the past week. It has yielded a positive return of 119 per cent in six months. Mumbai: Shares of fast-moving consumer goods (FMCG) company Elitecon International surged on Monday, December 15, 2025, even as the equity benchmark indices Sensex and Nifty declined in early trade, following weak global cues. The action in the stock comes after the company announced that it has secured a long-term supply contract worth Rs 8.75 billion. The stock started the trading session in the red at Rs 108 against the previous…

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15

Dec

By The Press Editor

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Business

India’s WPI inflation narrows to (-) 0.32% in November

The Reserve Bank, earlier this month, significantly lowered the inflation projection for the current fiscal to 2 per cent from 2.6 per cent estimated earlier, as the economy continues to witness rapid disinflation. New Delhi: Wholesale price inflation (WPI) came in at (-) 0.32 per cent in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday. WPI-based inflation was (-) 1.21 per cent in October and 2.16 per cent in November last year. "Negative rate of inflation in November 2025 is primarily due to a decrease…

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15

Dec

By The Press Editor

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Business

Corona Remedies Share Listing Highlights: Stock makes strong debut, lists at premium of 36.72%

Corona Remedies Share Listing on NSE, BSE: The Rs 655.37-crore initial public offering (IPO) of Crorona Remedies mobilised Rs 195 crore from anchor investors. Mumbai: Shares of Corona Remedies made a strong debut on the bourses on Monday, December 15, 2025 and got listed at a premium of 36.72 per cent at Rs 1,452 on the BSE against the issue price of Rs 1,062. Earlier, the initial issue received 137.04  times subscription on the closing day of the share sale on Wednesday. According to the information available on the National Stock Exchange (NSE), the Rs 655.37 crore initial public offering (IPO) received bids for…

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