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CNBC TV18

Tolins Tyres shares list on BSE and NSE at par with its IPO price of ₹226

Tolins Tyres has three manufacturing facilities, two of which are located in Mattoor in Kerala and the third one is in Al Hamra Industrial Zone in Ras Al Khaimah in the UAE.

Business Standard

Apar Industries hits record high, spurts 16% in five days

Apar Industries rallied 3.06% to Rs 10,391.95, extending gains for the fifth consecutive trading session.

Mint

Share Samadhan IPO allotment date likely today. GMP, how to check allotment status online

Share Samadhan IPO GMP: According to stock market observers, shares of the company are available at par in the grey market today

Business Line

Apar Industries renews endorsement deal with actor Sonu Sood

Cable and wire products company extends brand promotion deal upto March 2025

The Economic Times

Railways links DigiLocker with its hiring portal

The DigiLocker is a digital document wallet launched by the Ministry of Electronics and Information Technology for providing access to authentic digital documents. The documents stored in the wallet are deemed to be on a par with the original physical ones.

Business Standard

Paras Defence rises as board OKs raising Rs 200 cr via QIP issue

Paras Defence and Space Technologies added 1.27% to Rs 1,284.20 after its board approved raising of funds aggregating up to Rs 200 crore through qualified institutions placement (QIP) through public and/or private offerings of equity shares.

CNBC TV18

Paras Defence, one of the most subscribed Indian IPO, to raise ₹200 crore via QIP

Paras Defence has not shared a timeline as to when will it launch the QIP in case it does launch one to raise funds.

Mint

Paras Defence and Space Technologies hits 5% upper circuit as board to consider fund raising next week

Paras Defence and Space Technologies surged 5% to ₹1293.30 after announcing a board meeting on August 27, 2024, to discuss fundraising and an employee stock option plan. The company also received a 15-year industrial license to manufacture defense products, supporting long-term growth.

Hindustan Times

Ola Electric Mobility soars 18% more today, rallies 58% in 3 days. Here's why

Ola Electric Mobility made a debut at par with the issue price of ₹76 but has rallied 58 percent in just three days.

The Economic Times

Ola Electric to announce Q1 results on August 14 in first board meeting after listing

Ola Electric was listed on Friday, August 9 disappointing investors as it got listed at par with the issue price of Rs 76. However, later during the day, the stock surged 20% to hit an upper circuit high of Rs 91.20 on NSE

The Economic Times

NCR investors shift towards shop-cum-office plots as residential prices soar

In NCR, SCO plots offering 9-10% yields attract investors. Developers like DLF, Emaar, and Paras Buildtech lead, with Haryana's scheme allowing four retail floors. DLF's revenue reached Rs 1,150 crore. Popular with SMEs and startups in Gurgaon. Key sites: Gardencity Central, Central 67, Panchkula. High absorption rates noted on Dwarka Expressway. Low construction costs and price appreciation drive demand.

The Economic Times

Ahmedabad-Mumbai bullet train project: Bridge over Kolak river completed, 9 out of 24 bridges on route constructed

Kolak River is seven kilometres from Vapi and 43 km from Bilimora railway stations. The river originates from Saputara hills near Valveri and meets the Arabian Sea, the NHSRCL said. According to the NHSRCL, bridges have been constructed on the rivers Par and Auranga in Valsad, Purna, Mindhola, Ambika and Venganiya in Navsari, Mohar in Kheda and Dhadhar in Vadodara district.

Business Standard

Ircon International stock zooms 5% on securing order worth Rs 751 cr order

The surge in share price ame after the company announced that Ircon-Paras-PCM joint venture (JV) has been awarded with a letter of award (LoA) for the project worth Rs 751 crore, floated by RVNL

Business Standard

SECI plans 500 MW solar thermal capacity tender by FY25-end: CMD

SECI, a nodal agency for implementing government's renewable energy projects, is expected to float a tender for 500 megawatt (MW) of solar thermal capacity by the end of FY25, its Chairman and Managing Director R P Gupta said on Wednesday. This will be the first time in India that such a tender would be floated on this scale, Gupta told reporters on the sidelines of the India Energy Storage Week 2024, organised by India Energy Storage Alliance (IESA) here. "The tender is expected to be out by the end of this financial year 2024-25. There have been (solar thermal) tenders but not of this scale," Gupta said in reply to a question on new solar thermal tenders. The earlier tenders were small in size and their costs were also too high, he said. The projects under the 500-MW tender will have advanced technology where steam would be generated through heat and it would also help in running turbines, he added. Besides, the prices will be at par with other Round the Clock (RTC) solutions, G

Business Standard

Ginger Hotels looks to double footprint in East, Northeast in 3-5 years

Tata Group's budget hospitality brand Ginger Hotels is looking to double its presence in East and Northeast India in the next three to five years, according to a senior company official. Ginger Hotels, operated by Roots Corporation Ltd (RCL), a subsidiary of the Indian Hotels Company (IHCL), has 11 properties in operation with 876 rooms in the East and Northeast region and seven in the pipeline with an expected 605 rooms to be added. The brand is seeking to tap growth witnessed in India beyond the metros to smaller cities. "It is very interesting, we talk about how India's story is percolating into beyond the top 10 cities...I think that's really playing out in our expansion," IHCL Executive Vice President - New Business and Hotel Openings, Deepika Rao told PTI. The seven hotels in the pipeline in Patna, Kolkata, Asansol, Paradeep, Guwahati, Jorhat and Dibrugarh, will come into play in two to three years time, said Rao, who is also the chairperson of Roots Corporation. On the ...

The Economic Times

India's healthcare in critical condition: 4 out of 5 public health centers below par, reveals new Govt report

A recent Indian government self-assessment reveals that most public health facilities, including district hospitals and primary centers, fall short of essential standards. Only 20% meet benchmarks for infrastructure and resources, with 42% scoring below 50%. Initiatives aim to bring 70,000 facilities to standard within 100 days, backed by inspections and funding under the National Health Mission. This highlights urgent reforms needed to enhance healthcare nationwide, promising better services and equity in healthcare delivery.

The Economic Times

Railways to run 315 special trains during Ratha Jatra

The Ministry of Railways will also make arrangements for the accommodation of 15,000 devotees in Puri for the festival, he said. The special trains have been planned from Badampahad, Rourkela, Baleswar, Sonepur and Daspalla, Junagarh Road, Sambalpur, Kendujhargarh, Paradeep, Bhadrak, Angul, Gunupur, Bangiriposi on Gundicha Jatra, the East Coast Railway (ECoR) said in a statement.

The Economic Times

Quant Mutual Fund answers FAQs on Sebi probe, returns expectations

Stating that there was no further action from SEBI int the suspected front running case in which it is being probed, Quant Mutual Fund today assured investors in a communique that the fund house is functioning normally and its performance would be at par with its style.

Business Line

Paras Health appoints retired IAS officer UP Singh as independent director

Former IAS Officer UP Singh brings with him over 37 years of expertise in governance, policy formulation and strategic management

The Economic Times

GST council refers Par panel recos to cut GST on fertiliser to Group of Ministers

Talking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred to the Group of Ministers (GoM). The issue of further reduction of tax on fertilisers was placed before the GST council in its 45th and 47th meetings held in September 2021 and June 2022, though the council did not recommend any change in rates.