Friday, March 13

Business

Zinc futures prices gain on demand
Business, News

Zinc futures prices gain on demand

New Delhi: Zinc prices on Monday rose by Rs 1.95 to Rs 273.25 per kg in futures trade amid a rise in spot demand. At the Multi Commodity Exchange, the price of zinc contract for September delivery rose by Rs 1.95, or 0.72 per cent, to Rs 273.25 per kg in a business turnover of 3,446 lots. Zinc prices rose in futures trade as participants increased their deal sizes following a rise in demand from consumer industries, market sources said.
Ather Energy shares gain 7% to record high; 31% gain in 1 month
Business, News

Ather Energy shares gain 7% to record high; 31% gain in 1 month

Ather Energy Share Price: Shares of Ather Energy were trading with impressive gains on Friday, August 29. The stock jumped 6.7% during the day's trade to hit a record high of ₹459 per share on the National Stock Exchange (NSE). The stock was last trading at ₹454.1 per share, up 5.56%. In the last five trading sessions, Ather Energy shares have gained over 5%, while in the last 30 days, they have gained over 30% (till the afternoon session on Friday, August 29, 2025). In a period of six months, the stock has gained nearly 49%. The market capitalisation of the company is ₹16,891.05 crore. Ather Energy and other auto stocks are in the news amid expectations of a reduction in the Goods and Services Tax (GST) rate on automobiles to 18% from the current 28% slab. Analysts believe th...
Property prices gain in most cities: NHB report
Business, News

Property prices gain in most cities: NHB report

New Delhi, 45 out of 50 cities recorded a rise in property prices during the first quarter of 2025-26, according to data released by the National Housing Bank (NHB). "Out of the 50 cities covered, 5 cities recorded a decline in property prices on an annual basis. Howrah recorded the highest decline of 6.1 per cent, followed by Kochi (5.5 per cent) and Thiruvananthapuram (4.8 per cent)," said the latest residential housing price index NHB Residex released on Thursday. The housing price index (HPI) of 50 cities, based on assessed values ​​of properties collected from banks and housing finance companies, recorded an annual growth of 5.7 per cent during the first quarter of the current financial year, as against 6.6 per cent a year ago. It said property prices in seven key primary re...
Simba secures global recognition at World Beer Awards 2025 with silver and bronze wins
Business

Simba secures global recognition at World Beer Awards 2025 with silver and bronze wins

Simba, India’s pioneering craft beer brand and part of Saltborn’s premium portfolio, proudly announces its international success at the World Beer Awards 2025. Competing with leading global breweries, Simba achieved Silver for its Simba Wit (Belgian-style wheat beer) and Bronze for Simba Stout (Stout & Porter category). The World Beer Awards is one of the most respected competitions in the brewing industry, with entries judged through blind tastings by a global panel of experts. These accolades reaffirm Simba’s commitment to brewing excellence, innovation, and quality. Commenting on the achievement, Ishwaraj Singh Bhatia, Co-Founder and COO of Simba Beer, said, “From the very beginning, our mission has been to put Indian craft beer on the global map. These awards validate our dedic...
Bank Of Baroda Cuts Interest Rates On Cars, etc
Business

Bank Of Baroda Cuts Interest Rates On Cars, etc

Bank of Baroda has announced a reduction in interest rates on car loans and loans against property, effective immediately. This move follows the Reserve Bank of India’s recent 100 basis points cut in the policy repo rate. The bank's floating interest rates for car loans have been lowered from 8.40% to 8.15% per annum, while mortgage loan rates have dropped from 9.85% to 9.15% per annum. Sanjay Mudaliar, Executive Director of Bank of Baroda, highlighted that these new rates make car ownership more affordable and mortgage loans more competitive, allowing customers to unlock higher property value and raise additional funds with interest reductions ranging from 55 to 300 basis points, depending on their CIBIL score. The bank also offers fixed-rate car loans starting at 8.65%, linked to ...
Medanta expands Northeast outreach with awareness drive in Shillong on Brachial Plexus and computer-aided surgeries
Business

Medanta expands Northeast outreach with awareness drive in Shillong on Brachial Plexus and computer-aided surgeries

Medanta – The Medicity, named Best Private Hospital in India by Newsweek for six years in a row, strengthened its outreach in the North Eastern region, bringing specialized expertise to Shillong with a focus on managing injuries to the brachial plexus, as well as a conclave on computer-assisted plastic surgery, which is primarily used for the reconstruction of the head and neck. The two sessions -- organised in collaboration with the Meghalaya branch of the Indian Medical Association (IMA) and the Meghalaya Medical Services Association -- were conducted by Dr. Rakesh Kumar Khazanchi, Chairman, Plastic, Aesthetic and Reconstructive Surgery at Medanta – The Medicity. The initiative underscores Medanta’s commitment to making world-class healthcare accessible across the country while driving ...
Copper futures prices upgrade on spot demand
Business, News

Copper futures prices upgrade on spot demand

New Delhi: Copper futures prices rose marginally to Rs 884.95 per kg on Thursday due to increased spot demand. At the Multi Commodity Exchange, copper contracts for September delivery rose marginally by 5 paise or 0.01 per cent to Rs 884.95 per kg in a business turnover of 6,626 lots. Analysts attributed the rise in copper prices to higher bets by participants.
BLS International stock rose over 6.5% on ₹2,000 crore workshop order meeting
Business, News

BLS International stock rose over 6.5% on ₹2,000 crore workshop order meeting

BLS International Share Price: Shares of BLS International Services rose 6.52% to Rs 392.85 per share on the NSE in morning trade on Tuesday, August 26. The company has received orders worth over Rs 2,000 crore. In its filing to the stock exchanges on Monday, August 25, the company said it has received a work order of about Rs 2055.35 crore (inclusive of all duties and taxes) from the New Delhi-based Unique Identification Authority of India (UIDAI), Government of India, for providing services as a “Service Provider for setting up and operating District Level Aadhaar Seva Kendra (ASK)”. BLS International Q1 FY26 Results BLS International Services reported a consolidated net profit of Rs 180.97 crore during the June quarter (Q1 FY26) as compared to a year ago, up 49.83%. BLS Int...
Prestige Group Eyes ₹50,000 crore Home Sales By FY30
Business

Prestige Group Eyes ₹50,000 crore Home Sales By FY30

Prestige Group, currently operating in 13 cities, is now eyeing expansion into new markets. “We are actively evaluating opportunities in Pune, Gurugram, and Noida—cities where we haven’t launched residential projects yet but see strong potential,” said Noaman. The company aims to target the ₹2–3 crore housing segment, which accounts for most genuine demand, while also pursuing high-end developments in premium locations. For FY26, Prestige has over ₹43,500 crore worth of launches planned across 25 projects in cities like Bengaluru, Mumbai, NCR, Hyderabad, Chennai, and Goa. It began the fiscal year with a record ₹13,500 crore in launches, including The Prestige City Indirapuram (its debut in NCR) and Prestige Pallavaram Gardens in Chennai. The company also plans to add ₹30,000 crore wort...
Coriander futures rose: Prices gain on demand
Business, News

Coriander futures rose: Prices gain on demand

New Delhi: Coriander prices rose by Rs 18 to Rs 8,028 per quintal in futures trade on Tuesday as speculators increased their positions tracking a firm trend in the spot market. At the NCDEX, coriander contracts for September delivery rose by Rs 18, or 0.22 percent, to Rs 8,028 per quintal with a turnover of 11,905 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and restricted supplies from producing regions.