Articles for author: Market News

Market News

Chouhan Unveils Rs 750 Crore Fund to Revolutionize Indian Agritech Startups

Chouhan Unveils Rs 750 Crore Fund to Revolutionize Indian Agritech Startups

Union Agriculture Minister Shivraj Singh Chouhan recently launched a Rs 750-crore fund called ‘AgriSure’ to support agritech startups and promote investment in agriculture. This initiative comes alongside the approval of seven schemes for the agriculture sector worth nearly Rs 14,000 crore. The newly introduced KrishiNivesh Portal aims to centralize investment opportunities and provide vital information ...

Market News

Maruti Suzuki’s Rs 3 Crore Gesture: A Lifeline for Flood Victims

Maruti Suzuki’s Rs 3 Crore Gesture: A Lifeline for Flood Victims

Maruti Suzuki India has made a significant donation of Rs 3 crore to the PM CARES fund to aid in flood relief efforts across various states. This contribution is part of the company’s commitment to support the government’s initiatives for relief and rehabilitation in communities impacted by natural disasters. Hisashi Takeuchi, MD and CEO of ...

Market News

India’s Trai Battles Rising Spam: New Regulations on Robocalls Unveiled

India’s Trai Battles Rising Spam: New Regulations on Robocalls Unveiled

The Telecom Regulatory Authority of India (Trai) is taking steps to strengthen spam regulations due to a spike in complaints against unsolicited telemarketers, reaching 750,000 in the first half of 2024. This initiative involves a review of the Telecom Commercial Communications Customer Preference Regulations, originally established in 2018. Trai data reveals that complaints against unregistered ...

Market News

Syngenta’s Bold Innovations Set to Transform Indian Agriculture Landscape

Syngenta’s Bold Innovations Set to Transform Indian Agriculture Landscape

Syngenta, a leading global agricultural company, emphasizes India’s significance in its growth strategy, according to CEO Jeff Rowe. In a recent interview, Rowe stated that the company is focused on providing innovative solutions tailored to meet the unique needs of Indian farmers, while enhancing food security. Syngenta plans to introduce new crop protection technologies, biological ...

Market News

Cipla Faces Transition: MK Hamied Resigns, Kamil Hamied Steps Up

Cipla Faces Transition: MK Hamied Resigns, Kamil Hamied Steps Up

Cipla, a leading pharmaceutical company, has announced that MK Hamied will resign as Vice Chairman effective October 29 due to age and health issues. In his resignation letter, he expressed sadness but also shared his satisfaction in Kamil Hamied being appointed as a Non-Executive Director starting November 1, 2024. This transition aims to ensure continuity ...

Market News

Raymond’s Bold Transformation: Demerger Plans Spark Soaring Shareholder Value

Raymond’s Bold Transformation: Demerger Plans Spark Soaring Shareholder Value

Gautam Singhania, the chairman and managing director of Raymond, emphasized that shareholder value is central to the company’s upcoming demerger plans. Speaking at a press conference, he announced the impending listing of Raymond’s lifestyle division on the stock Market and the planned separation of the real estate business next year. In 2024, Raymond’s stock has ...

Market News

Alia Bhatt Becomes L’Oreal Paris’ Global Ambassador, Championing Empowerment and Inclusivity

Alia Bhatt Becomes L’Oreal Paris’ Global Ambassador, Championing Empowerment and Inclusivity

Bollywood star Alia Bhatt has been named the new global brand ambassador for renowned French beauty brand L’Oreal Paris. She will feature in the brand’s campaigns starting September 2024, joining an impressive lineup that includes celebrities like Viola Davis and Kendall Jenner. L’Oreal emphasized that Alia embodies inclusivity and empowerment, aligning perfectly with their mission ...

Market News

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

Massive 6,790 MW Hydro Power Project Agreement Signed in Maharashtra

THDC India has partnered with the Maharashtra government to develop six pumped hydro power storage projects, totaling 6,790 MW, with an investment of over Rs 33,600 crore. This agreement aims to streamline the process for project surveys, investigations, and the preparation of Detailed Project Reports (DPRs), ensuring compliance with central and state regulations. The six ...

Market News

Modi’s Low-Key US Visit: A Shift in Diplomatic Dynamics

Modi’s Low-Key US Visit: A Shift in Diplomatic Dynamics

Prime Minister Narendra Modi is set to visit the United States later this month, focusing mainly on New York. This visit will coincide with the UN General Assembly where he plans to meet with world leaders and engage with top business executives. He is also scheduled to address the Indian diaspora on September 22 at ...

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