Representational (AI generated image) JAMMU: The Central government said on Saturday that it has sanctioned nine projects worth Rs 85 crore for J&K universities, and colleges under the PM-USHA flagship programme. An official statement said that the Union Ministry for Education has approved projects worth Rs 85 crore under the Pradhan Mantri Uchchatar Shiksha Abhiyan…
NEW DELHI: State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 723 crore for December quarter 2023-24, on the back of improvement in core income and reduction in bad loans. The Chennai-based lender had earned a net profit of Rs 555 crore in the same quarter a…
NEW DELHI: The Andhra Pradesh government and EdTech company PhysicsWallah have signed an agreement to set up a University of Innovation (UoI) at an investment of up to Rs 1,000 crore. The UoI is set to emerge as the first institute of eminence in the state and aligns with Chief Minister N Chandrababu Naidu’s aim…
Hours after the deadly inferno on Jaipur-Ajmer highway, Rajasthan govt Friday announced a Rs 2,350 crore initiative to improve blackspots across state. CM Bhajan Lal Sharma directed state PWD to focus on improving condition of blackspots to prevent future accidents. Sharma also ordered strict action against those who fail to meet prescribed standards for road…
Massive seizure in IT raids BHOPAL: The Income Tax Department has uncovered a staggering 52kg of gold and Rs 10 crore in cash from an abandoned vehicle in a forested area near Mandora village in Bhopal. Officials have linked this discovery to recent widespread raids targeting real estate and construction firms across three districts in…
MUMBAI: The IPO mania in the SME space reached a new high on Thursday. NACDAC Infrastructure, a Ghaziabad-based construction company eyeing to raise Rs 10 crore from the market, got bids totalling Rs 14,386 crore, a subscription of 1,976 times (excluding the Rs 2.7 crore anchor part). This made the IPO the most subscribed one…
BCCI’s healthy bank balance got healthier this year with an approximate increase of Rs 4200 crore, taking the overall earnings to a whopping Rs 20,686 crore. A major chunk of BCCI’s revenue comes from the IPL media rights and bilateral cricket rights. With India being the biggest cricket market in the world, the powerful board…
DAM Capital Advisors IPO 840.25 करोड़ रुपये का Book Built Issue है। यह Issue पूरी तरह से 2.97 करोड़ Shares की बिक्री का प्रस्ताव है। DAM Capital Advisors IPO 19 दिसंबर, 2024 को सदस्यता के लिए खुलता है और 23 दिसंबर, 2024 को बंद होता है। DAM Capital Advisors IPO के लिए आवंटन मंगलवार, 24…
Nirmala Sitharaman and Vijay Mallya. NEW DELHI: Fugitive businessman Vijay Mallya stated on Wednesday that the banks have recovered more than double the amount owed in the Kingfisher Airlines case. He contends he is due relief.Finance Minister Nirmala Sitharaman told Parliament on Tuesday that the banks had recovered Rs 14,131.60 crore from Mallya. This recovery…
NEW DELHI: Investment bank DAM Capital Advisors on Wednesday said it has raised Rs 251 crore from anchor investors, a day before opening of its initial share-sale for public subscription. Nomura, Goldman Sachs, HSBC, Societe Generale, Nippon India Mutual Fund (MF), HDFC MF, Kotak MF, and Aditya Birla Sun Life MF are among the anchor…