Tuesday, April 14

Business

Adani Group Urges Media to Verify Facts Amidst ‘Baseless’ Land Allotment Claims
Business

Adani Group Urges Media to Verify Facts Amidst ‘Baseless’ Land Allotment Claims

The Adani Group has issued a firm denial over reports suggesting that the Assam government allotted 3,000 bighas of land in DimaHasao district for a cement plant linked to the conglomerate. In a media statement from Ahmedabad, the group clarified that Mahabal Cement is not owned by, affiliated with, or connected to Adani Group in any way. “These reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous,” the spokesperson said, urging media outlets, digital platforms, and the public to verify facts before sharing such claims. The clarification comes amid circulating news articles, social media posts, and court hearing clips that inaccurately associated the Adani brand with Mahabal Cement. The group stressed that unverified and ...
Gold futures upsurge: Rs 1,00,034 per 10 grams
Business, News

Gold futures upsurge: Rs 1,00,034 per 10 grams

New Delhi: Gold futures on Monday rose by Rs 196 to Rs 1,00,034 per 10 grams on fresh buying by speculators amid strong spot demand. At the Multi Commodity Exchange, gold contracts for October delivery rose by Rs 196, or 0.2 percent, to Rs 1,00,034 per 10 grams in a business turnover of 12,789 lots. Globally, Comex gold futures for December delivery in New York rose 0.58 percent to $3,355.6400 an ounce.
Innovative traumacare at Amrita Hospital sets new benchmark, highlights healthcare needs in Northeast
Business

Innovative traumacare at Amrita Hospital sets new benchmark, highlights healthcare needs in Northeast

The extraordinary recovery of 33-year-old Pinku Mani Talukdar, after undergoing 18 complex reconstructive surgeries at Amrita Hospital, Faridabad, showcases the power of cutting-edge medical innovation and coordinated care in trauma treatment. Pinku, injured in a severe accident where she was dragged by a speeding truck, faced multiple rejections at Delhi hospitals before Amrita’s rapid intervention saved her limb and life. The hospital’s multi-stage reconstructive approach, led by Senior Consultant Dr. Shikha Gupta, reflects the increasing role of advanced surgical technologies and multidisciplinary collaboration in improving patient outcomes. Many point out that limited access to specialised care forces patients to travel far, increasing financial burdens and disrupting local econ...
Gold rises Rs 400, silver gain Rs 1,500
Business, News

Gold rises Rs 400, silver gain Rs 1,500

New Delhi: Gold prices in the national capital on Thursday rose by Rs 400 to Rs 1,01,420 per 10 grams on fresh buying by stockists in line with strong global trends, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had closed at Rs 1,01,020 per 10 grams in the previous session. Gold of 99.5 per cent purity rose by Rs 400 to Rs 1,01,000 per 10 grams (inclusive of all taxes) on Thursday. It had closed at Rs 1,00,600 per 10 grams on Wednesday. In the national capital, the price of silver on Thursday rose by Rs 1,500 to Rs 1,13,500 per kg (inclusive of all taxes). Renisha Chainani, Head of Research at Augmont, said, "Gold and silver prices rose after traders raised bets on the US Federal Reserve resuming interest rate cuts at its September me...
Vi Movies & TV Offers Live Streaming of Independence Day
Business

Vi Movies & TV Offers Live Streaming of Independence Day

Vi Movies & TV, the content aggregator platform from Vi, is set to make India’s 79th Independence Day celebrations more engaging with live events, patriotic films, and premium OTT shows. Vi users can watch the Flag Hoisting ceremony and Prime Minister NarendraModi’s address live from the Red Fort, New Delhi, via the Vi Movies & TV App, available to all users without a subscription. Vi has also curated a special Independence Day watchlist featuring popular titles from India’s top OTT platforms, including JioHotstar, SonyLIV, ZEE5, and Shemaroo. Key content includes Uri: The Surgical Strike, Mukhbir – The Story of a Spy, Sam Bahadur, Avrodh: The Siege Within, and Neerja, offering narratives of courage, sacrifice, and national pride. With plans starting at just Rs. 154, users can ...
CSB Bank Q1 profit gain 5% to Rs 119 crore
Business, News

CSB Bank Q1 profit gain 5% to Rs 119 crore

New Delhi: CSB Bank on Wednesday reported a marginal 5 per cent rise in June quarter net profit to Rs 119 crore. The private sector bank had posted a profit of Rs 113 crore in the same quarter a year ago. Total income rose to Rs 1,286 crore from Rs 1,004 crore a year ago. Interest income rose to Rs 1,041 crore from Rs 832 crore, CSB Bank said in a regulatory filing. However, the bank's asset quality deteriorated as gross non-performing assets (NPAs) rose to 1.84 percent of gross advances as of June 30, 2025, from 1.69 percent a year ago. Net NPAs remained stable at 0.66 per cent. As a result, provisions and contingencies increased to Rs 61 crore from Rs 20 crore set for the same quarter a year ago. The bank's capital adequacy ratio declined to 21.71 percent as on June 30...
Center Fresh’s new TVC with a funny take on overthinking: ‘Dimaag pe rakhe lagam’
Business

Center Fresh’s new TVC with a funny take on overthinking: ‘Dimaag pe rakhe lagam’

Chewing gum brand Center Fresh, from Perfetti Van Melle India, has unveiled its latest campaign, “Dimaag pe rakhe lagaam,” targeting the growing habit of overthinking among Indians. Inspired by the India Overthinking Report developed with YouGov, which found that 81% of people spend over three hours daily lost in thought spirals, the campaign presents the gum as a refreshing pause that helps clear the mind. The campaign features two quirky TVCs directed by Nitesh Tiwari and conceptualised by Ogilvy, humorously portraying relatable moments such as overanalyzing a deleted message or misreading small situations. “The minty burst of freshness will help break the cycle of overthinking and bring moments of clarity,” said Gunjan Khetan, Marketing Director, Perfetti Van Melle India. https:...
Silver futures gain: Price movement and analysis
Business, News

Silver futures gain: Price movement and analysis

New Delhi, Silver prices rose by Rs 423 to Rs 1,13,719 per kg in futures trade on Tuesday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery rose by Rs 423, or 0.37 percent, to Rs 1,13,719 per kg in a business turnover of 15,593 lots. Analysts said fresh deals by participants led to the rise in silver prices. However, silver was trading 0.83 percent higher at $37.92 per ounce in New York.
Groovy India’s first quarter profit raised 6 times
Business, News

Groovy India’s first quarter profit raised 6 times

New Delhi, Realty company Groovy India Limited reported a net profit of Rs 1.1 crore in the first quarter of the current financial year. The Delhi-based company, listed on the stock exchanges, had a net loss of Rs 25 lakh in the same quarter last year. Groovy said in a statement on Monday that total revenue in the April-June quarter of this financial year increased to Rs 8.3 crore from Rs 1.3 crore in the same period last year. Founded in 1985, Groovy India is a real estate development and consulting company. It has completed more than 100 projects (independent floors) mainly in South Delhi. The company is developing luxury apartments of more than 1 lakh sq ft in South Delhi.
Medanta’s Financials Shine: Highest Ever Quarterly EBITDA in Q1 FY2026
Business

Medanta’s Financials Shine: Highest Ever Quarterly EBITDA in Q1 FY2026

Global Health Limited (NSE: Medanta, BSE: 543654), one of the largest private multi-specialty tertiary care providers in North and East India, today announced its unaudited consolidated financial results for the quarter ended June 30, 2025, reporting its highest-ever Q1 performance. Total income rose 19.1% year-on-year to ₹10,513 million, EBITDA increased 22.6% to ₹2,553 million, and Profit After Tax surged 49.6% to ₹1,590 million, with PAT margins improving to 15.1%. Key growth drivers included a 13.3% increase in occupied bed days, a 4% rise in ARPOB to ₹66,584, and double-digit growth in in-patient and out-patient volumes. Mature hospitals generated ₹7,006 million in revenue, while developing hospitals grew 35.9% to ₹3,219 million. International patient revenue climbed 33.8% to ₹636...