 "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 ...
 "Mankind Pharma’s Bold Move: Financing Rs 13,630 Crore Acquisition Amidst Debt")
Mankind Pharma, India’s fourth-largest pharmaceutical company, plans to raise over Rs 9,000 crore through non-convertible debentures and short-term commercial paper to fund its Rs 13,630 crore acquisition of Bharat Serums and Vaccines Ltd. The company expects an average borrowing cost of about 8.5 percent. This acquisition will significantly enhance Mankind’s position in the gynaecology-fertility Market, ...
 "Kaynes SemiCon’s Bold Move: New Semiconductor Plant Approved in Gujarat")
The Indian government has approved the establishment of a new semiconductor assembly and test (OSAT) plant by Kaynes SemiCon, marking the fifth such facility in the country. Led by CEO Raghu Panicker, this project will be located in Sanand, Gujarat, with a substantial investment of Rs 3,307 crore. In an interview, Panicker shared that the ...
 "Ireda’s Bold Financial Moves: Securing Green Future with Global Ratings")
The Indian Renewable Energy Development Agency (IREDA) is planning to raise approximately Rs 25,000 crore through debt and around Rs 4,500 crore via equity this fiscal year. Chairman Pradeep Kumar Das highlighted that they are working with the government to approve a 10% dilution of their stake. Recently, S&P Global Ratings assigned IREDA a ‘BBB-‘ ...
 "RBI’s Bold Measures: Protecting Financial Integrity Amidst Industry Criticism")
The Reserve Bank of India’s Deputy Governor, Swaminathan J, emphasized that the central bank’s recent strict actions against certain financial institutions are aimed at maintaining the stability and integrity of the financial system, not to disrupt business. He addressed concerns about the regulator’s perceived eagerness to impose restrictions, clarifying that these measures are taken only ...
 "OnePlus 13 Set to Redefine Smartphones with Bold Features and Early Launch")
OnePlus is set to introduce its highly anticipated OnePlus 13 series smartphone earlier than usual, possibly next month in China. This new flagship model is expected to feature the powerful Qualcomm Snapdragon 8 Gen 4 chip, promising enhanced performance. The OnePlus 13 will likely boast a stunning 6.8-inch quad-curved display with 2K resolution and a ...
 "Apple’s Strategic Alliance: A Bold Move to Conquer India’s Streaming Landscape")
Apple has partnered with Bharti Airtel, India’s second-largest telecom provider, to boost its presence in the Indian video and music streaming Market, where it currently has less than 1 million users. This collaboration will offer many of Airtel’s 281 million customers free access to Apple Music and Apple TV+, aiming to expand user adoption in ...
 "Empowering Voices: Government’s Bold Steps for LGBTQI+ Rights and Inclusivity")
The Ministry of Social Justice and Empowerment is gathering feedback from the public and stakeholders to enhance policies for the LGBTQI+ community. Following a Supreme Court ruling in October 2023, the government formed a high-level committee to clarify the rights and benefits for queer individuals. This committee has addressed important issues, such as access to ...
 "Empowering Women: Central Government’s Bold Steps for Safety and Nutrition")
Union Minister of Women and Child Development, Annapurna Devi, emphasized that empowering women and ensuring their safety is a top priority for the Central government. Speaking at Mahatma Mandir during the launch of “Poshan Maah,” a national nutrition initiative, she highlighted the government’s commitment to women’s safety and nutrition. Devi urged state governments to implement ...
 "Trump’s Bold Promises: Inflation Cut, Energy Independence, and Border Security Ahead")
During a recent rally in Pennsylvania, former President Donald Trump emphasized his plans to combat inflation and make life more affordable for working-class Americans. He promised to reduce energy costs by half within a year and advocated for increased government support for in-vitro fertilization treatments. Trump also stated his intention to eliminate the Green New ...
