India’s real estate sector, already the second-largest employer after agriculture, is on track to become the country’s leading job creator, according to industry leaders. With a compound annual growth rate (CAGR) of 18.7 percent, the sector is seeing unprecedented expansion, making it a key hub for young talent. The real estate industry is booming in both value and volume, supported ...

In a significant development in India’s burgeoning IPO market, SoftBank-backed food delivery giant, Swiggy, has received approval from its shareholders to increase the size of its fresh issue in its upcoming IPO. The approval will allow the company to raise the fresh issue size to 50 billion rupees ($595 million), a substantial increase from the previously planned 37.5 billion rupees. This ...

Hyundai Motor India, the country’s second-largest car manufacturer, is reportedly planning to launch a $3 billion Initial Public Offering (IPO) on October 14, 2024. This IPO, if it goes ahead, would be the largest in India after the Life Insurance Corporation’s (LIC) IPO, which was around Rs 21,000 crore. The IPO of Hyundai Motor India Limited will be an offer for ...

Suzlon Energy, a prominent renewable energy solution provider, has recently been under the market’s microscope due to a significant drop in its share price. The company’s shares took a 5% hit after receiving an ‘advisory cum warning’ letter from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). This development has sparked concerns among investors and market observers, ...

Indian markets were hit hard on Thursday as escalating geopolitical tensions in the Middle East led to a sharp decline in equity indices, wiping out Rs 10 lakh crore in market capitalization. The benchmark BSE Sensex nosedived 1,769 points (2.10%), closing at 82,497, while the Nifty 50 plunged 546 points (2.12%) to 25,250. This broad sell-off led to significant losses ...

The escalating conflict in the Middle East, particularly between Iran and Israel, has sent shockwaves through global markets, with India feeling the tremors. The Nifty 50 index and the S&P BSE Sensex, key indicators of the Indian stock market, have both seen a decline of over 1%. At 9.38 a.m., Sensex was down 589 points or 0.69 per cent at ...

In a sign of India’s booming equity markets, 15 companies submitted their initial public offering (IPO) draft documents to the Securities and Exchange Board of India (SEBI) on the last day of September. This brings the total number of IPO filings for the month to 41, marking the highest-ever filings in a single month. Market analysts attribute the surge in ...

Indian stock exchanges have revised their transaction fees for cash, futures, and options trading, effective from Tuesday. Changes related to Tax Deducted at Source (TDS) and government bonds also came into force. According to the National Stock Exchange (NSE), the updated transaction fees are as follows: Cash market: ₹2.97 per ₹1 lakh of traded value. Equity futures: ₹1.73 per ₹1 ...

The Securities and Exchange Board of India (SEBI) has announced a series of new measures aimed at curbing speculative trading in the futures and options (F&O) segment, after data revealed that nine out of ten participants have consistently lost money over the past three years. As part of the new regulations, SEBI has increased the minimum contract size in index ...

Ola Electric, led by Bhavish Aggarwal, continues to witness a decline in its market share within the Indian electric vehicle (EV) sector. In September, the company’s share dropped further to 27%, impacted by intensifying competition and issues surrounding its service centers. According to data from the government transportation portal Vahan, Ola Electric sold 24,665 e-scooters in September, a decline from ...

Billionaire Gautam Adani’s flagship firm, Adani Enterprises, is gearing up to roll out its share sale as early as next week, according to sources familiar with the matter. This marks the company’s return to the public equity markets after a previous plan was shelved following a damning short-seller report in 2023. Adani Enterprises is planning to raise approximately $1.3 billion ...

NTPC Green Energy, the renewable energy arm of state-run NTPC, has submitted draft papers to the Securities and Exchange Board of India (SEBI) to raise ₹10,000 crore through an initial public offering (IPO). The entire IPO consists of a fresh issue of equity shares, with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP). The company plans ...

The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite the marginal losses in the ...

Archaeologists have excavated the ruins of house foundations dating back more than 5,000 years in the Yangshao village site in Central China’s Henan-province last month, adding another finding about the ancient civilization in the region. The house was once a large building with rammed earth walls that might have covered more than 130 square meters. It is speculated that it ...

NASA said earth’s average surface temperature in 2022 tied with 2015 as the fifth warmest year on record and the situation is “alarming”. However, another study by the National Oceanic and Atmospheric Administration (NOAA) termed 2022 as the sixth highest since 1880. The global temperatures in 2022 were 1.6-degree Fahrenheit (0.89-degree Celsius) above the average for NASA’s baseline period (1951-1980), ...

A study by the University of Texas at Austin is providing a glimpse into dinosaur and bird diversity in Patagonia during the Late Cretaceous, just before the non-avian dinosaurs went extinct. The fossils represent the first record of theropods — a dinosaur group that includes both modern birds and their closest non-avian dinosaur relatives — from the Chilean portion of ...

In many countries, the number of fig trees have been declining. While there are numerous explanations, one key problem is fig-wilting disease. A recognized cause of this disease is a fungus, Ceratocystis ficicola, which is transmitted by an ambrosia beetle, Euwallacea interjectus. Now, a group from Nagoya University in central Japan has identified another fungus, Fusarium kuroshium, which is harmless ...

Understanding how water droplets spread and coalesce is essential for scenarios in everyday life, such as raindrops falling off cars, planes, and roofs, and for applications in energy generation, aerospace engineering, and microscale cell adhesion. However, these phenomena are difficult to model and challenging to observe experimentally. In Physics of Fluids, by AIP Publishing, researchers from Cornell University and Clemson University designed ...

Based on genome sequence data from six individuals excavated from the base of a medieval well at a site in Norwich, UK, a revised radiocarbon analysis of the assemblage has been prepared with these individuals being part of a historically attested episode of antisemitic violence on 6 February 1190 CE. Researchers found that four of these individuals were closely related ...

Stone’s remarkable tenure on NASA’s longest-operating mission spans decades of historic discoveries and firsts. Edward Stone has retired as the project scientist for NASA’s Voyager mission a half-century after taking on the role. Stone accepted scientific leadership of the historic mission in 1972, five years before the launch of its two spacecraft, Voyager 1 and Voyager 2. Under his guidance, the Voyagers explored the four ...