Author: Abizar Attari
News Editor

New Delhi: Wagons Learning’s IPO closes for subscription tomorrow, May 6. The Rs.38 crore worth issue is offering shares in the price band Rs . 78-82, with the listing scheduled on the BSE SME platform on May 9. The minimum bid is 1,600 shares, with a fresh issue of 30.8 lakh shares and an Offer for Sale of 16 lakh shares.  The company aims to use the proceeds to repay debt, and to meet working capital requirements.  As of May 5, the IPO has seen a muted response, with just 0.02x of the overall subscription.  About the company Wagon’s Learning…

New Delhi: After Maharashtra-based PN Gadgil and Gujarat-based RBZ Jewellers, it’s now time for Chennai-based Manoj Jewellers to hit the capital markets. It comes with an issue price of Rs.54 and an IPO size of Rs.16.2 crore. All the proceeds will go directly to the company as there was no Offer for Sale here.The IPO closes on 7th May, with a fresh issue of 30 lakh shares on offer. The listing will be done on 12th May. Manoj Jewellers has demonstrated a strong revenue growth over the years, with revenue reaching Rs.43 crore in 2024 from just Rs.6 crore in…

New Delhi: Kotak Mahindra Bank reported a 14% decline in its standalone net profit from Rs.4,122 crore last year to Rs. 3,552 crore this year. The Bank’s net interest income rose to Rs . 16,450, mainly from the one-time gain from the divestment of Kotak General Insurance (KGI). Its Net Interest Income(NII) increased 5% to Rs . 7,284 crore. The bank’s net interest income rose 5% Year on Year, while it was 9% for the entire year. The customer assets, including credit substitutes and advances, grow 13% to Rs.4,77, 855 crore. Overall, the net profit increased to Rs . 22,126…

New Delhi: Anil Ambani’s Reliance NU Suntech has won a bid by the State-Run Navratna company Solar Energy Corporation of India (SECI) to set up a 930 MW integrated solar plant with a battery energy storage system (BESS) of 465 MW/1860 MWh aiming to invest about Rs.10,000 crore. This is one India’s most ambitious solar power projects to date, where SECI secures a supply of solar energy at a fixed rate of Rs.3.53 per KwH. This is set to become Asia’s largest integrated solar energy plant that is expected to be operational in the next 24 months. Reliance NU Suntech…

New Delhi: In a move that aims to guarantee access to low denomination banknotes to everyone, the RBI has directed banks to ensure ample availability of Rs.100 and Rs.200 notes in ATMs across the country.  By September 30, 2025, each ATM will have at least 1 cassette filled with Rs.100 and Rs.200 notes. Typically, ATMs have 4 cassettes that can hold 22 packets of bank notes. With this move, the banks will be forced to dedicate one cassette of each ATM with low denomination notes. Earlier, the banks had greater freedom to determine the volume and type of banknotes every…

New Delhi: Are you lost in life, standing at the crossroads, or looking for guidance in your career or life path? Celebrity Astrologer Pradeep Bhanot has been serving as a guide for more than 19 years, guiding people from across the globe to realign themselves with cosmic energies by using the influence of Vedic astrology and Vaastu Shastra. As the founder of Pradeep Bhanot’s The Cosmic Voice, he has gained recognition for changing lives through his insightful observations, intuitive guidance, and personalized spiritual support. His clientele ranges not only throughout India but worldwide, comprising celebrated celebrities, professionals, and spiritual seekers…

Jaipur: At just 14 years old, Vaibhav has shown how the IPL has helped nurture talent from a young age. As a substitute in the Rajasthan Royals line-up, Vaibhav partnered with Indian batting star Yashasvi Jaiswal to score an incredible 101 with 11 sixes and 7 fours to win against Gujarat Titans. Vaibhav has etched his name along with other greats like Chris Gayle, Yusuf Pathan, David Miller and Travis Head who’ve scored centuries in under 40 balls. Much of the credit goes to the Rajasthan Royal’s selection team, who bought him in the auction as an untested player who…

Pune: Quietly nestled in the picturesque lanes of Aundh, Pune, RURIethnic has quickly established itself as the city& most cherished boutique destination for distinctive, handcrafted sarees. Far from the conventional bustle of mainstream saree shopping hubs, RURIethnic provides an intimate and personalised experience, warmly inviting saree lovers to explore carefully curated collections that blend timeless tradition with contemporary appeal. Entering RURIethnic feels less like visiting a store and more like uncovering a hidden treasure. Each saree here is not merely a garment but an embodiment of India’s rich weaving heritage, sourced directly from skilled artisan clusters across the country. The…

New Delhi: After reaching record lows on March 4, Sensex briefly breached the 80,000 mark on April 23, partly due to extensive support from domestic Mutual Funds and an increasingly positive market sentiment despite the Kashmir attacks and the US-China tariff war. Earlier, the Indian markets had reacted negatively to the US’s steep tariffs imposed on China, Mexico and others, and other investors across the world have remained cautious as a result. Ever since Trump assumed office in January, global markets have seen $10 billion of share values vanish in thin air, and many investors still remain cautious about betting…

New Delhi: PM Modi addressed a virtual Rozgar mela, where he virtually distributed appointment letters to the youth for various government departments including Department of Revenue, Ministry of Personnel and Public Grievances and Pensions, Ministry of Home Affairs, Department of Posts, Department of Higher Education, Ministry of Railways, Ministry of Labour & Employment. “The foundation of any nation’s progress and success lies in its youth, when the youth actively participate in nation-building, the nation experiences rapid development and establishes its identity on the global stage”, the PM emphasised. “India’s youth are showcasing their immense potential to the world through their…