The Reserve Bank of India (RBI) approved a substantial dividend payout of Rs 2.11 lakh crore to the central government for the financial year 2023-24, more than double the Rs 87,416 crore transferred in 2022-23. This decision was taken at the 608th meeting of the Central Board of Directors of the RBI, chaired by Governor…
Awfis Space Solutions IPO: A Comprehensive Overview The buzz around the Awfis Space Solutions IPO is palpable as it kicks off its journey on May 22, 2024. Investors are eyeing this opportunity closely, with the bidding set to conclude on May 27. Let’s delve into the key details of this much-anticipated offering. What You Need…
The Ministry of Micro, Small, and Medium Enterprises (MSMEs) in India is crucial to advancing economic development because it provides support to businesses of all sizes. This article highlights MSMEs’ investment and turnover criteria, looks at how they are classified, and shows how important they are to the country’s economy. Classification of MSMEs Based on…
Actor and entrepreneur Suneil Shetty recently took to LinkedIn to celebrate the success of two groundbreaking startups he supports: Aquatein and Regrip. In his post, Shetty praised the young entrepreneurs behind these ventures—Tushar, Ananth, and Mitisha—for their impressive work in addressing key issues of affordability and environmental sustainability. Aquatein: A Solution to Protein Deficiency Aquatein,…
Mumbai, May 20, 2024 Significant development is expected for Indus Towers, India’s largest mobile tower installation company, as a major block deal is expected to take place tomorrow, May 21. CNBC Awaaz quoted sources as saying that foreign institutional investors (FIIs) can sell shares worth Rs 270 crore through this block deal, which is equivalent…
In a concerning development, a Tata Consultancy Services (TCS) employee has alleged that they were suspended after reporting a security incident to the company. The employee, who took to Reddit to share their story, claimed that their manager had instructed employees to use personal laptops and share login credentials, which they believe posed a significant…
This article goes deeper into the world of green jobs, exploring the projected growth, the different career paths available, the skills needed to succeed, and the educational opportunities that can prepare you for this dynamic field. The urgency to tackle climate change is driving the world towards a sustainable future. Governments, businesses and individuals are…
As equity markets navigate through a period of heightened volatility, Union Home Minister Amit Shah has offered advice to investors, urging them not to directly correlate stock market movements with the ongoing Lok Sabha elections. Shah’s remarks come amidst a backdrop of uncertainty fueled by various factors, including election-related speculation and foreign selling, which have…
Go Digit General Insurance Limited’s Initial Public Offering (IPO) begins today, Wednesday, May 15, and will be open for subscriptions until Friday, May 17. The IPO plans to raise ₹2,614.65 crore by issuing new shares and conducting an offer-for-sale (OFS). The fresh issuance is valued ₹1,125 crore, while the OFS entails the selling of 54,766,392…
In a recent development, Air India Express has taken a drastic step by terminating 25 senior cabin crew members following a mass sick leave protest by over a hundred senior cabin crew members. The airline issued termination letters to the protesting employees, accusing them of breaching employment terms and causing disruptions to the airline’s services….
