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22 Aug

The employment upgrade rate of Indian industry has declined to 1.5% in FY 2024, while it was 5.7% in FY 2023

Priyanka RoyBusiness, News

According to a latest report released by Bank of Baroda (BoB), the employment scenario in the Indian corporate sector looks bleak.The public sector bank, based on an analysis of balance sheets of 1,196 companies, pegged the employment growth rate at 1.5% in FY24, down from 5.7% in FY23.In absolute terms, companies added less than 100,000 employees in FY2024, compared to 333,000 in FY23.The reason for the decline in employment growth rate is the increase in hiring after the pandemic in FY 2023. According to the report, the same financial year also saw significant attrition including voluntary and involuntary resignations. However,…

21 Aug

Due to investor enthusiasm, Ola Electric shares inflation by 90%, market cap crossed $ 7 billion

Priyanka RoyBusiness, News

Ola Electric Mobility Ltd. has seen its shares surge nearly 90% within two weeks, taking the company's market capitalization to more than $7 billion. Bloomberg reported that this rapid growth vindicated founder Bhavish Aggarwal's decision to take the company public, despite initial doubts about its valuation.The company's initial public offering (IPO), the largest in India in the last two years, attracted wide interest from investors. The surge in the share price has allowed Aggarwal to reach his target valuation earlier than anticipated, driven by strong demand in India's thriving IPO market. Ola Electric, India's largest e-scooter maker, had gone ahead…

20 Aug

Aamir Khan revealed, ‘I want to move away from films’, open up on Rhea Chakraborty’s show Chapter 2, ‘People make fun of my dressing’

Priyanka RoyEntertainment, News

Rhea Chakraborty has revealed the latest promo of her show Chapter 2 and this time the actress can be seen in deep conversation with Bollywood's "perfectionist" Aamir Khan. In the promo, the stars can be seen arguing stardom, films, therapy and how to deal with grief, among other things. Aamir is Rhea's second guest on the show after debuting with former Miss Universe and actress Sushmita Sen.The promo starts with Rhea praising the superstar's looks. After this Aamir called Hrithik Roshan, Salman Khan and Shahrukh Khan "good looking". He says that, “Hrithik is handsome, Salman is handsome, Shahrukh is really…

17 Aug

JSW Cement to increase ₹4,000 via IPO, file draft docs with SEBI, set up Rajasthan Cement unit

Priyanka RoyBusiness, News

The issue comprises fresh equity sale of ₹2,000 crore and offer for sale (OFS) of ₹2,000 crore.The funds are to be used to set up a cement unit in Nagaur district of Rajasthan, repay certain borrowings and for other general purposes.The company said that it will invest ₹3,000 crore for the greenfield Rajasthan unit, and said it plans to expand into the North and Central India markets, as its current presence is mainly in Southeast and West India.The group's energy, ports and steel businesses are already listed. JSW Infrastructure is the latest before JSW Cement.JSW Cement MD and JSW Group…

16 Aug

Black Box reports 55% upturn in net profit in Q1

Priyanka RoyBusiness, News

IT solutions provider Black Box Ltd announced a 55 percent year-on-year rise in profit after tax (PAT) for the quarter ending June 30, 2024, reaching Rs 37 crore. PAT margin improved to 2.6 percent. An inflation of 110 basis points from last year. Black Box has also reported 28 percent year-on-year growth in EBITDA to Rs 115 crore in the quarter and is making efforts to achieve 9% EBITDA margin by the end of this financial year.Revenue for the quarter unbend at Rs 1,423 crore compared to Rs 1,571 crore in the first quarter of the last financial year. Despite…

14 Aug

John Abraham report he ‘didn’t work for four years’ after Bollywood declared him ‘finished, done, out’

Priyanka RoyEntertainment, News

Actor John Abraham talked about starting his career as a filmmaker when he felt dissatisfied with the films he was doing as an actor. He said that he had no work for many years because the industry had rejected him. But things changed when he took matters into his own hands and proved to the industry that he was more than just a chiseled action hero.In 2023, John played the villain in 'Pathan', which proved to be his biggest box office hit to date.In an interview with Ranveer Allahbadia, John was asked why he decided to become a producer, to…

13 Aug

Kamtapur Progressive Party took out protest march in Siliguri

Priyanka RoyNews, North Bengal, Siliguri

Siliguri, August 13: Kamtapur Progressive Party organized a protest march in Siliguri on Tuesday in support of several demands. The march started from Mallagudi, passed through various areas and ended at Court More.Major demands of the march included a petition to the state government to start teaching the Kamtapur language in schools and a demand for the central government to recognize Kamtapur as the eighth scheduled language. Additionally, the protesters called for the formation of the Narayani Sena Regiment.The march was led by Kamtapur Progressive Party President Amit Roy, who kept these issues at the center of his campaign.

12 Aug

Blood donation camp organized in Siliguri on World Elephant Day

Priyanka RoyNews, North Bengal, Siliguri

Siliguri, August 12: Naxalbari branch of Paschim Banga Vigyan Manch organized a blood donation camp in Tukriyajhar range of Kurseong Forest Department on Monday. The event has been held to mark World Elephant Day and address the ongoing blood shortage.The camp was attended by many notable personalities including ADFO Rahul De Mukherjee, Vigyan Manch's Gopal De, NAF's Animesh Basu, former teacher and Vigyan Manch member Paritosh Chakradar and Biplab Roy. Although the initial target was to collect 50 units of blood, 20 units of blood were successfully collected in the camp.The participants included forest workers and members of Vigyan Manch,…

10 Aug

70 women got the first payment of Rs 3,000, and 33 others got the second payment of Rs 2,000 provided by the Manipur government

editorNews

6,164 children's age is between six months and six years; 2,638 are adolescent girls; 232 are pregnant women; and 753 are lactating mothers who live in refugee camps in Manipur and are in touch with the nearby Anganwadi centers, the government informed Parliament on Friday. In reply to a question in the Lok Sabha, Women and Child Development Minister Annpurna Devi gave an update on the support extended to displace individuals at such camps in the northeastern state. According to Devi, these individuals are in touch with 271 nearby Anganwadi centers. Under the Pradhan Mantri Matru Vandana Yojana, 103 women are expecting…

10 Aug

BHU inaugurate mobile app Namaste BHU for students

Priyanka RoyEducation, News

Banaras Hindu University has launched its mobile app Namaste BHU. Through this, they plan to strengthen digital connections within the university and ease access to services and information for students and faculty, enhancing the overall campus experience.The app is available to download on Google Play Store and Apple App Store. Users can create an account on the app using their registered mobile number with the University (BHU) and start using it.Services include a university directory with information on faculties, departments and programs offered, names, designations, emails and phone numbers of key officials, faculty and staff. Additionally, the application will allow…