Blog

20 May

Zomato shares reduce 5%, analysts raise concerns over intensifying competition; Swiggy also drops nearly 2%

Business CorrespondentBusiness, News

Zomato Share Price: Zomato shares fell 5% to ₹264.85 per share on the NSE after global brokerage firm Jefferies raised concerns over rising competition in the quick commerce space. After Zomato's shares more than doubled in value in 2024, analysts at Jefferies forecast that 2025 could be a breather year, with the stock possibly shifting gears into a price consolidation phase. According to news reports, the brokerage said that aggressive strategies by existing players and entry of new competitors could lead to higher discounts, which could pose risks to Zomato's medium-term profitability. The brokerage said that apart from Zomato's Blinkit,…

19 May

Aluminium Futures inflation on Fresh Bets

Business CorrespondentBusiness, News

New Delhi, May 19 Aluminium prices on Monday rose marginally by Rs 1.25 to Rs 239.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in June increased Rs 1.25 or 0.52 percent to Rs 239.10 per kg in 2,154 lots. Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.

19 May

Security force deployment for Arunachal’s SUMP project sparks massive protests

Business BureauBusiness

The Indian government’s deployment of Central Armed Police Forces (CAPFs) in Arunachal Pradesh’s Upper Siang, Siang, and East Siang districts to support the Siang Upper Multipurpose Project (SUMP) has triggered widespread unrest. Three CAPF companies have been stationed at Geku, Uggeng, and Jengging in Upper Siang, with additional forces deployed in Yingkiong, Begging, Parong, Boleng, and Pasighat to assist the NHPC survey work. Thousands of locals from Geku, Parong, and Pasighat gathered in Parong village on December 15, 2024, demanding the immediate withdrawal of the paramilitary forces and suspension of the SUMP project. Protesters view the security deployment as an…

19 May

Combat your dry skin with these simple step

Banasree SarkarLifestyle

Dry skin on our faces and bodies can be caused by a variety of factors, including harsh skincare component selections, environmental variables including exposure to cold air, the natural aging process, and certain medical disorders. However, it's crucial to fight dry skin, and by making improvements to their daily skincare regimen, one can easily overcome this obstacle. Despite how calming it may feel, it is best to avoid washing your face, hair, or even your body with hot water because it can aggravate inflammation and damage the skin's protective layer. Instead, warm water is recommended. Applying moisturizer is best done…

19 May

Tripura CM flags concern over IAS officers avoiding return after deputation

Sonakshi SarkarTripura

Tripura Chief Minister Dr. Manik Saha has raised concern over a growing trend of Indian Administrative Service (IAS) officers not returning to the state after completing their central deputation. Addressing a public gathering at the foundation stone laying ceremony of the Civil Service Officers’ Institute in Kunjaban on Sunday, Saha disclosed that he has written to Prime Minister Narendra Modi on the matter. Without naming specific officers, the Chief Minister stated, “It becomes a problem when they are reluctant to return. Some even get involved in indirect lobbying to extend their stay outside the state.” The upcoming institute aims to…

19 May

Lungleng welcomes CM Lalduhoma for development talks

Sonakshi SarkarLatest

Mizoram Chief Minister Pu Lalduhoma visited Lungleng village on Friday to review proposed development projects and engage directly with the local community on their needs and aspirations. During the visit, CM Lalduhoma inspected the proposed site for the Territorial Army Battalion Headquarters, a project expected to enhance regional security and boost local employment. He also visited the location earmarked for a new Human Development Centre by Bethel Ministry, aimed at delivering social services to rural and underprivileged residents. The Chief Minister was accompanied by key officials, including Social Welfare Minister Lalrinpuii, local MLA Baryl Vanneihsangi, and Frederick Lalrindika, Speaker and…

19 May

Medanta’s Healthcare expansion brings new hope and convenience to Northeast consumers

Business BureauBusiness

Medanta, one of India’s fastest-growing healthcare providers, has announced strong Q4 FY25 financial results, with revenue up 14% to INR 9,542 million and EBITDA rising 20% to INR 2,476 million. For the first time, Medanta is declaring a 25% dividend, rewarding its investors and signaling robust business health. Alongside financial growth, Medanta continues to expand its hospital network, including upcoming facilities in Noida, Mumbai, Pitampura, Ranchi, and Guwahati. For consumers in the Northeast this expansion means easier access to quality healthcare services that were once out of reach. Residents welcome the prospect of advanced medical care closer to home, reducing…

19 May

At Nathula, final preparations for the Kailash Mansarovar Yatra are in progress

Banasree SarkarNorth East

The Kailash Mansarovar Yatra is set to resume through Nathula in June of this year, following a five-year break caused by the COVID-19 pandemic and the Doklam conflict in 2017. The construction of infrastructure is nearly complete, and final preparations are being made for the route through Sikkim's Indo-China border. According to Sunil Kumar, the worker in-charge of the building project, the acclimation centers' repairs and renovations should be completed within the next four to five days. "Soon, the Kailash Mansarovar Yatra will begin. Within the following four to five days, the acclimatization centers' refurbishment and reconstruction should be finished.…

17 May

Samsung launches ‘Solve for Tomorrow 2025’ with Rs 1 crore grant to ignite Gen Z Innovation

Business BureauBusiness

Samsung India has launched the fourth edition of its flagship CSR initiative, Solve for Tomorrow 2025, aimed at empowering youth aged 14-22 to tackle real-world problems using technology. The initiative will offer over ₹1 crore in grants, with the top four teams receiving ₹1 crore for incubation at IIT Delhi. Additionally, the top 20 and top 40 teams will receive ₹20 lakh and ₹8 lakh respectively, along with latest Samsung gadgets. This year’s programme introduces global themes including Social Change through Sports, Tech for Education and Better Futures, and Environmental Sustainability via Technology. The competition runs for six months, with…

17 May

At Jhongatser Lake, the Tawang government launches a cleanup initiative

Banasree SarkarArunachal Pradesh

Under the direction of deputy commissioner Kanki Darang, the Tawang district administration in Arunachal Pradesh led a mass cleanliness drive at the charming Jhongatser Lake, one of the district's most beloved tourist destinations, on Friday in a potent demonstration of environmental dedication and community spirit. Officers and employees from a variety of departments, including PWD, urban development, tourism, and PHED, enthusiastically participated in the effort. Later in the day, Indian Army personnel joined forces, further accelerating the collaborative effort in spite of the continuous rain. The united team's successful removal of two truckloads of rubbish, despite the weather, demonstrated the…