Articles for author: Market News

Market News

NBCC secures a ₹75 crore contract to expand IIIT Nagpur’s infrastructure, enhancing educational facilities for future generations.

NBCC secures a ₹75 crore contract to expand IIIT Nagpur’s infrastructure, enhancing educational facilities for future generations.

NBCC (India) Ltd has secured a significant contract worth Rs 75 crore to enhance the infrastructure at the Indian Institute of Information Technology (IIIT), Nagpur. This project marks a key development following the successful completion of Phase I, which included various academic and residential blocks. The upcoming Phase II will focus on constructing Academic Block ...

Market News

Punjab BJP Chief Sunil Jakhar’s resignation sparks turmoil ahead of crucial panchayat elections, highlighting internal challenges and declining political presence.

Punjab BJP Chief Sunil Jakhar’s resignation sparks turmoil ahead of crucial panchayat elections, highlighting internal challenges and declining political presence.

Sunil Jakhar, the chief of the Punjab BJP, is reportedly stepping down just before the crucial panchayat elections set for October 15, 2024. His assistant has denied the rumors, stating that Jakhar has been busy and less active lately. Since the Lok Sabha elections in June, his political presence has significantly diminished, with his last ...

Market News

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India battles fleet challenges and delays post-Tata takeover, striving for a world-class transformation amid global shortages.

Air India, under the Tata Group’s ownership since 2022, is striving to modernize its outdated fleet as part of a five-year turnaround plan. CEO Campbell Wilson pointed out that the airline faces significant challenges, including global parts shortages and the need for equipment upgrades. Air India’s efforts include placing significant orders for new planes and ...

Market News

Political Drama Unfolds as Khachariyavas Labels Lokesh Sharma a Coward: Are Allegations of Phone Tapping the Beginning of the End?

Pratap Singh Khachariyavas, a former minister in Rajasthan, has criticized Lokesh Sharma, the former officer on special duty to ex-Chief Minister Ashok Gehlot, calling him a coward. Khachariyavas claims that Sharma is at risk of going to jail due to his inconsistent statements regarding a phone tapping case. Sharma alleged that Gehlot engaged in illegal ...

Market News

Tokyo Electron plans to hire 10,000 globally, focusing on India to capitalize on semiconductor growth amidst geopolitical tensions.

Tokyo Electron plans to hire 10,000 globally, focusing on India to capitalize on semiconductor growth amidst geopolitical tensions.

Tokyo Electron Ltd., Japan’s leading chip equipment manufacturer, is planning to hire 10,000 new employees globally over the next five years, with a focus on recruiting engineers in India. This move aligns with the Indian government’s initiative to boost semiconductor manufacturing. The company aims to train local engineers to provide technical support to Tata Electronics, ...

Market News

Stalin Celebrates Balaji’s Return from Political Exile: A Sacrifice or Just a Strategic Move?

In Chennai, Chief Minister M K Stalin has praised former minister V Senthil Balaji upon his release from 471 days in prison, calling his sacrifice and determination commendable. Stalin expressed concerns about political tensions, alleging misuse of the Enforcement Directorate to target opponents. Balaji, who thanked the chief minister and his son Udhayanidhi, claimed that ...

Market News

Credit card spending may surge during the festival season, but rising delinquencies and regulatory scrutiny loom ominously over growth prospects.

Credit card spending may surge during the festival season, but rising delinquencies and regulatory scrutiny loom ominously over growth prospects.

Credit card spending is anticipated to increase during the upcoming festival season, driven by discretionary purchases and promotional offers. However, growth may be tempered due to stricter regulations on unsecured lending and rising delinquencies in credit card payments. In August 2024, credit card transactions rose by 13.51% year-on-year, but there was a slight decline compared ...

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