Wednesday, February 4

Business

Courtyard by Marriott Shillong: A premier wedding destination for luxury celebrations
Business

Courtyard by Marriott Shillong: A premier wedding destination for luxury celebrations

Shillong, often referred to as the Scotland of the East, has emerged as a prime wedding destination, and Courtyard by Marriott Shillong is leading the way in offering luxury and elegance for couples looking to celebrate their special day. With its picturesque landscapes, pleasant weather, and a range of exquisite venues, the hotel is the epitome of a dream wedding setting. The hotel’s pillarless Grand Ballroom, Cosmos, provides the perfect venue for both grand and intimate celebrations, while its 182 elegantly designed rooms ensure a comfortable stay for all guests. Weddings at Courtyard by Marriott Shillong are a blend of elegance and tradition, with options for Western, Christian, and Indian ceremonies. The hotel also offers bespoke experiences, including lively bachelor parties, vib...
Revolutionizing India’s Entertainment Scene: The Royal Stag BoomBox 2025 Launch
Business

Revolutionizing India’s Entertainment Scene: The Royal Stag BoomBox 2025 Launch

Seagram’s Royal Stag BoomBox returns for its third edition, blending Bollywood's iconic melodies with contemporary hip-hop beats. With this season being produced by Mirchi, the immersive music festival showcased its upcoming lineup at an exclusive media preview in Mumbai on January 14th, 2025. This unique cultural fusion continues to redefine the intersection of traditional and modern Indian music, embodying the brand's 'Living it Large' philosophy. Music has been a key consumer engagement pillar for the brand. Royal Stag BoomBox audaciously brings together Bollywood's timeless melodies with hip-hop's raw energy, creating the original sound of today’s generation, Generation Large. The festival’s unique format creates a distinct sound that resonates with today’s youth – a tribe that mak...
Gold futures prices upgrade on spot demand
Business, News

Gold futures prices upgrade on spot demand

New Delhi, January 17, Gold prices on Thursday rose by Rs 125 to Rs 78,835 per 10 grams in futures trade as speculators created deals on strong spot demand.Gold contracts for February delivery on the Multi Commodity Exchange rose by Rs 125, or 0.16 per cent, to Rs 78,835 per 10 grams in a business turnover of 10,402 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York fell 0.12 per cent to $2,692.96 an ounce.
Vedanta shares upsurge 2%; shareholders, creditors to meet on Tuesday, February 18
Business, News

Vedanta shares upsurge 2%; shareholders, creditors to meet on Tuesday, February 18

The metals and mining giant has recently announced amendments to its earlier proposed split plan. It has decided to retain its base metals business within Vedanta.Vedanta Ltd shares gained 2 per cent in Friday's trade after the Anil Aggarwal-led company said in a stock exchange filing that a meeting of shareholders and creditors in relation to the split would be held on Tuesday, February 18.The matter pertains to the merger of Vedanta Limited and Vedanta Aluminium Metal Limited and Talwandi Sabo Power Limited - Resulting Company 2; Malco Energy - Resulting Company 3; and Vedanta Base Metals (VBML) and Vedanta Iron & Steel - (Resulting Company 4; and their respective shareholders and creditors.Vedanta said, "Meetings of equity shareholders, secured creditors and unsecured creditors of ...
HDFC Life shares increase most since April 2020 after Q3 results – key factors explained
Business, News

HDFC Life shares increase most since April 2020 after Q3 results – key factors explained

HDFC Life shares surged as much as 9% on Thursday, January 16, after the company reported December quarter results that were below expectations.The company's annual premium equivalent (APE) grew 12% to ₹3,488 crore, higher than the CNBC-TV178 poll's estimate of ₹3,051 crore.Retail APE also rose 12% to ₹3,122 crore, higher than the poll's estimate of ₹3,051 crore.Value of new business surpassed expectations of ₹869 crore, rising 9% to ₹930 crore.VNB margin declined 74 basis points to 26.06%, but was above expectations of 24.92%.Brokerage firm HSBC has a "buy" rating on the stock and a price target of ₹750.The brokerage said margins have eased as the incremental mix shift towards lower margin linked products will slow, improving sales of credit security and ahead of a potential rate cut cyc...
Axis Bank shares decay over 3% amid block deal
Business, News

Axis Bank shares decay over 3% amid block deal

Axis Bank shares fell over 3% to a low of 1,014.65 on the NSE on Wednesday. 33.2 lakh shares are reported to have changed hands in this block deal. Now news is coming about the block deal. Information about buyers and sellers could not be immediately obtained. Axis Bank shares saw a strong jump as 92 lakh shares were being traded on NSE around 2 pm. Axis Bank shares are lagging the market and have declined about 8% in the last one year. The decline so far in 2025 is 4.5%. The overall negative sentiment prevailing in the market and the poor performance of the bank itself has further increased the weakness in Axis Bank shares. Nifty's 1-year gain was 5% while banking gauge Nifty Bank recorded a gain of less than 1%. The private lender will announce its Q3FY25 earnings on T...
Toyota launches skill development program in Mizoram, enhances employability
Business

Toyota launches skill development program in Mizoram, enhances employability

Continuing its commitment to the nation’s ‘Skill India’ and ‘Make in India’ missions, Toyota Kirloskar Motor (TKM) has announced the launch of its 67th Toyota Technical Education Program (T-TEP) and the “Scholarship program for Technical Education and Recognition” [STAR] initiative under T-TEP at Government Industrial Training Institute (ITI), Aizwal, Mizoram. Reaffirming TKM’s unwavering commitment to fostering skill development and enhancing employability opportunities across the area. The initiative is a collaboration between TKM, the Government of Mizoram, and dealership partner Zote Toyota, underscoring their shared commitment to enhancing youth employability and fostering skill development. The launch event was graced by Chief Guest Mr. Lalnghinglova Hmar, Minister of State - Lab...
Direct tax collections rise 15.9% to Rs 16.9 lakh crore
Business, News

Direct tax collections rise 15.9% to Rs 16.9 lakh crore

The Centre's direct tax collections, after refunds, rose 15.9% year-on-year to Rs 16.9 lakh crore in the current fiscal till January 12, according to data released by the Finance Ministry on Monday. The growth in direct tax collections so far has been higher than the 12.8% growth estimated in the Budget, mainly due to a rise in net non-corporate tax (mainly personal income tax) collections. As of January 12, collections from net non-corporate taxes were over Rs 8.74 lakh crore, up 21.6% year-on-year, and net corporate tax collections were around Rs 7.68 lakh crore, up 8.2% year-on-year. The Budget had projected a 14% year-on-year growth in personal income tax collections and 12% growth in corporate tax. Besides, net collections from securities transaction tax (STT) so far this fi...
Vi users can watch live Darshan of the Maha Kumbh Mela
Business

Vi users can watch live Darshan of the Maha Kumbh Mela

Vi is excited to announce its collaboration with Shemaroo to live-stream the iconic MahaKumbh Mela, one of the world’s largest spiritual events, from 13th January to 26th February 2025. With an expected footfall of over 40 crore pilgrims, the event will be streamed on the Vi Movies & TV App and Vi App, offering users live coverage of key moments such as the Shahi Snans, Akhara processions, and Ganga Aarti. Vi customers will also have access to exclusive content, including interviews with saints, cultural performances, and behind-the-scenes stories. This initiative highlights Vi’s commitment to leveraging technology to make significant cultural and spiritual events accessible to millions. With the growing demand for local and spiritual content, particularly in Tier 2 and Tier 3 citi...
India’s green energy capacity to inflation 16 percent to 209 GW in 2024
Business, News

India’s green energy capacity to inflation 16 percent to 209 GW in 2024

According to a statement issued by the Union Ministry of New and Renewable Energy (MNRE) on Monday, India's total renewable energy installed capacity recorded a robust double-digit growth of 15.84 percent by December 2024, rising from 180.80 GW in December 2023 to 209.44 GW. The total capacity added during 2024 was 28.64 GW, showing a significant year-on-year growth of 119.46 per cent, compared to 13.05 GW added in 2023, the statement said. The solar energy sector led this growth with an addition of 24.54 GW, representing a 33.47 per cent increase in its cumulative installed capacity, from 73.32 GW in 2023 to 97.86 GW in 2024. Wind power also contributed to this expansion, with an additional 3.42 GW installed in 2024 taking the total wind capacity to 48.16 GW, an increase of 7.64...