New Delhi: Deccan Gold Mines has started production and pre-commissioning trails at its Soltan Sary gold mine in Kyrgyzstan, India’s first overseas gold mine. Located in the Naryn region of Kyrgyzstan, the mine is being developed by Deccan Gold’s overseas arm and is expected to strengthen India’s overseas mineral assets, with the hope of securing supplies domestically. The company is targeting the processing of up to 30,000 tonnes of ore during the trials, which will include the production of saleable concentrate or dore bars. The Soltan Sory gold mine is estimated to hold about 4.65 million tonnes of gold-bearing ore,…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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New Delhi: India’s Unified Payment Interface (UPI) has continued to dominate India’s payments ecosystem, with small ticket transactions, mostly under Rs.1,348 on average, dominating the transaction volumes, which reached almost 106.36 billion in the first half of 2025. This translates to a 35% year on year surge from the same period last year, a report by Worldline says. With smartphones being ubiquitous, UPI has reached almost every small town and village, where every transaction- from the morning chai to the auto fare, is now done through QR Codes. This revolution has helped include millions of neighbourhood kirana stores into the…
Despite the recessionary pressure and economic challenges, 2025 will be remembered for one development that remained constant: the IPO mania. Though most of the companies have raised the money they’d want to, but the wave of interest in the IPO market still remains high. And that’s likely to move toward 2026 as well. Investors who missed the bus last year would be waiting, and here are the companies that can help them gain the returns they’d like to chase. Reliance Jio Expected by: First half of 2026 Looking to raise: Not revealed Opportunity for growth Almost half of India’s smartphones…
New Delhi: India and New Zealand are all set to ink a Free Trade Agreement (FTA) to boost goods and services exports while deepening economic cooperation between both countries. This marks the seventh major FTA for India in recent years, after Oman, the UK, the UAE, the European Free Trade Association (EFTA) bloc, Australia and Mauritius. According to the FTA, New Zealand will allow low tariffs on agricultural exports from India for fruits and vegetables, coffee, spices, cereals and processed foods, while India will allow import of New Zealand’s apples, kiwifruit, manuka honey and milk albumin, subject to seasonal restrictions.…
New Delhi: Varun Beverages Ltd (VBL), PepsiCo’s largest franchisee outside the US, has announced the acquisition of South Africa-based beverage company Twizza for ₹ 1,118.7 crore. This marks VBL’s second acquisition in South Africa, as the company looks to aggressively expand its footprint across the continent. Twizza offers its own branded carbonated soft drinks, energy drinks and flavoured beverages across South Africa, using its own distribution network. VBA aims to expand its presence in Africa beyond its role as a bottling powerhouse with this acquisition, that will be done through its South African subsidiary Bevco. “The Board of Directors of…
Lucknow: Embedded electronics system maker Concord Control Systems has secured a ₹139.32 crore contract from the Indian Railways, one of its largest to date. The contract involves the supply of wireless control system for locomotives, a critical technology aimed at enhancing locomotive operations. Awarded to Concord’s wholly owned subsidiary, Advanced Rail Controls Private Limited the content has an execution deadline for 18 months. The Indian Railway’s infrastructure modernization drive offers Concord a variety of opportunities for delivering critical equipment designed in-house at its state-of-the-art Research and Development (R&D) facilities. Concord has been a trusted partner of the Railways, being one…
Mumbai: One Point One Solutions Ltd (1Point1), a leading Business Process Outsourcing (BPO) company and contract services provider, has announced the acquisition of Latin America-based Netcom business’s entities in Costa Rica and Colombia, strengthening the company’s presence in the Americas. “The acquisition of Netcom strengthens our North, Central and Latin America footprint and expands our BFSI presence across continents. This positions 1Point1 for accelerated growth, unlocking new opportunities to deliver differentiated value to its expanding customer base, while underscoring the company’s commitment to building a next-generation BPM leader amid rising demand for intelligent, AI-powered outsourcing solutions’’ Akshay Chhabra, Chairman &…
Bengaluru: One of India’s largest hospital chains, Gurgaon-based Fortis Healthcare, has announced its plans to acquire Bengaluru’s People Tree Hospital for approximately ₹430 crore, a move that will allow it to scale up the number of beds in the city to 1,500 from 900 currently. This addition is part of Fortis’s strategy to expand its footprint in key urban areas, especially in tertiary and speciality care services. People Tree Hospital, located in Bengaluru’s Yeshwanthpur locality, is owned by TMI Healthcare Pvt Ltd. Fortis’ wholly-owned subsidiary International Hospital Limited (IHL) will buy 100% of TMI Healthcare, the company said in a…
New Delhi: Despite the various challenges faced during the year, the share markets will remember this year as the year of IPOs for India. Even though the immense popularity has been based on the promise of growth, there has been another global development that defined the year. Global Merger and Acquisition (M&A) activity has surged sharply in 2025, with almost $4.8 trillion worth of deals witnessed, one of the strongest on record. Driven by technology, industrial and energy deals, this rebound has signalled renewed confidence amongst companies and investors, despite the concerns over the sustained demand in the market. With…
New Delhi: The Central Government is all set to present the Unio Budget for 2026-27 on Febuary 1,2026, continuing the tradition of introducing the annual financial statement on the first day of Febuary, though an official confirmation is yet to come. The tradition was started by then Finance Minister Arun Jaitley in 2017, ensuring that the entire budget-making process was completed before the financial year started. February 1 falls on a Sunday, and many were wondering if Parliament will conduct the budget session on that day. Parliamentary Affairs Minister Kiren Rijiju said that no decision has been taken yet, and…
