Articles for category: Business

Market News

Haryana Assembly Elections 2024: A Race of Ambition and Strategy Unfolds

Haryana Assembly Elections 2024: A Race of Ambition and Strategy Unfolds

As the Haryana Assembly elections approach, with voting set for October 1 and nominations closing on September 12, candidate selection is underway. The Congress party is actively processing applications, having received 2,556 completed forms. The party charges Rs 20,000 for each candidate application, with a reduced fee of Rs 5,000 for Scheduled Caste candidates. The ...

Market News

Navigating Bureaucracy: The Promise and Perils of Lateral Entry Opportunities

Navigating Bureaucracy: The Promise and Perils of Lateral Entry Opportunities

The concept of lateral entry into bureaucracy has gained attention as a way to bring fresh talent into government positions. A personal reflection highlights the author’s experience with a job advertisement for the CEO role at the Punjab CSR Authority in 2020, igniting their desire to contribute to society through corporate social responsibility initiatives. This ...

Market News

Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods Slashes Losses with Notable Revenue Surge in FY24

Rebel Foods, the parent company of popular cloud kitchen brands like Faasos, Behrouz Biryani, and Oven Story, has reported a significant improvement in its financial performance for the fiscal year 2024. The company narrowed its consolidated loss to Rs 378.21 crore, down from Rs 656.55 crore in the previous year. Revenue from operations grew by ...

Market News

UBS Offloads ₹4,961 Crore in Shares; Eyes Bandhan Bank’s Future

UBS Offloads ₹4,961 Crore in Shares; Eyes Bandhan Bank’s Future

UBS Group AG, a Swiss financial giant, recently sold shares in seven companies, including Oil India and Dixon Technologies, for a total of Rs 4,961 crore through open Market transactions on the National Stock Exchange (NSE). UBS Principal Capital Asia was the main vehicle for these transactions, offloading significant shares in companies like Rail Vikas ...

Market News

Patanjali’s Vegetarian Claims Under Fire: Court Questions Misbranding Allegations

Patanjali’s Vegetarian Claims Under Fire: Court Questions Misbranding Allegations

The Delhi High Court has requested the Indian government’s response to a petition regarding the alleged misbranding of Patanjali’s product “Divya Dant Manjan.” The product, which is labeled as vegetarian with a green symbol, reportedly contains fish extract, making it non-vegetarian. The court issued notices to the Centre, the Food Safety and Standards Authority of ...

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