New Delhi: Railway Sector shares witnessed strong buying on May 25 after reports emerged that Indian Railways is preparing a massive ₹40,000 crore tender for freight wagons. Shares of major wagon manufacturers like Titagarh Rail Systems, Jupiter Wagons and Texmaco Rail & Engineering surged sharply during intraday trading as investors reacted positively to the expected large-scale order pipeline. According to reports, Indian Railways is likely to float a tender for nearly 1 lakh freight wagons over the next three to four years. The procurement exercise is expected to be one of the largest wagon orders in recent years and could…
Author: Ansh Singh
New Delhi: SpaceX is getting ready for an IPO that could revolutionise the sector, as entrepreneur Elon Musk pushes the company further into the realms of artificial intelligence and plans for future Mars colonisation. As reported, SpaceX intends to raise close to $75 billion during its first IPO. After the offering, the company will have a valuation of up to $1.75 trillion to $2 trillion. This makes it potentially one of the largest stock market debuts in the tech and space sector. Among the things unveiled by the SpaceX IPO filing is that the company made roughly $18.7 billion worth…
New Delhi: In a new twist to the southern Indian, an initiative by southern India under the presidency of a Member of Parliament has shortlisted 11 promising early-stage startup ideas to undergo mentoring, guidance as well as possible assistance. This is the programme called Bolpu -Avakasha Navodaya and is meant to enable Mangaluru and the Dakshina Kannada region to become a significant startup centre within the coming few years. Over 850 start up ideas were received among the youthful entrepreneurs and innovators. Out of these, 11 ideas were identified as top and it will be further developed with the help…
New Delhi: Meta, owner of popular social networks Facebook, Instagram, and WhatsApp, initiates major layoffs affecting almost 8,000 company employees globally. The restructuring measures undertaken by the corporation are intended to change its focus on Artificial Intelligence (AI), reduce the overall cost structure, and reorganize its teams accordingly. As reports suggest, Meta is laying off 10% of its global work force. Currently, Meta employs more than 78,000 people in different countries. The corporation is also moving thousands of employees to new positions dedicated to AI. Meanwhile, the tech giant spends huge amounts of money to develop technologies related to AI,…
New Delhi: Amba Auto Sales and Services Limited (The Company Amba Auto) is engaged in automobile and consumer electronics retail, proposes to open its Initial Public Offering on Monday, April 27, 2026 aiming to raise ₹65.12 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform. The issue size is 48,24,000 equity shares at a face value of ₹10 each with a price band of ₹ 130 – ₹ 135 Per Share. Equity Share Allocation • QIB – Not more than 4,64,000 Equity Shares • NII– Not less than 22,86,000 Equity Shares • Individual Investors…
New Delhi: The dairy industry of India has changed quite drastically since the economic reforms of 1991. In recent years, the country has become the largest milk producing nation of the world, accounting for more than 24% of total global milk production, according to the government estimates. Growing demand in urban areas, organized retail, and changing consumer preferences have forced the dairy companies to adopt modern technologies and expand their scope beyond just milk products. Among such firms, one can point out Sterling Agro Industries Ltd, better known by its brand name Nova Dairy. The company was founded and is…
Ahmedabad: Ahmedabad is all set to witness an unforgettable evening of soulful melodies and musical excellence with “Ehsas – A Soulful Musical Experience”, scheduled to be held on 23rd May 2026 at the prestigious H.K. Hall, Ashram Road, Ahmedabad. The musical evening is being organized under the Ahmedabad chapter initiative of Srajan – The Spark, bringing together renowned artists and distinguished personalities for a grand cultural celebration. The event will be graced by respected Retired IPS Officer Shri Prasanna Khameera Ji, who is also the Chief Patron of Srajan – The Spark. The occasion will also witness the esteemed presence…
New Delhi: India’s media and entertainment sector is experiencing a massive evolution. In recent decades, Indian studios and artists have been playing a significant role in international films and digital content creation, including VFX, animation, and post-production work. Yet most of the time, the work was still executed-based as the Indian talent participated in projects initiated and owned by the international studios. However, the new generation of creative entrepreneurs wants to change that and focus on the ownership and originality of the products from India. Among those businesses taking steps towards it is Kayhan Entertainment, a studio launched by creative…
New Delhi: During a recent Shark Tank India episode, investor Kanika Tekriwal spoke about her personal journey while interacting with a pitching entrepreneur. The discussion included references to her earlier health challenges and the period during which she was undergoing medical treatment. She described the timeline of her recovery and her subsequent return to professional work. The conversation took place during a pitch evaluation and was connected to the founder’s discussion on overcoming business-related challenges. The segment remained focused on the context of resilience and continuity in professional efforts. Following the discussion, the judges continued with the evaluation of the…
New Delhi: After reports that managers were directed to put about 5% employees in the lowest rating Band D, TCS faces renewed concern about the possibility of layoffs and enhanced performance evaluations at its firm. Band D is the lowest rating in TCS’s internal appraisal system. Employees in this category can suffer various consequences, including lesser bonuses, project elimination, restricted career advancement, performance improvement plans, and eventually job termination. The Indian tech giant TCS currently employs nearly 5.84 lakh people across the world. If 5% of the total workforce is tagged under Band D, the figure will be close to…

