Indian Hotels Company needs H2 to turn the key and restart the stay

Business Standard

MosChip Technologies announced the launch of MosChip DigitalSky, a comprehensive suite of digital solutions aimed at transforming global enterprise into a connected and intelligent entity. It enables organizations to thrive in the digital age by bridging gaps between Products, IT, and Operations and embedding intelligence at each layer of the enterprise. 

MosChip launches MosChip DigitalSky- a suite of digital solutions

Capital Market Automatic

Thomas Cook (India) has inaugurated its new franchise outlet in South Bopal, Ahmedabad, to leverage the high-growth market of the city and its surrounding areas. 

Thomas Cook opens new franchise outlet in South Bopal, Ahmedabad

Board of Wonderla Holidays approves equity issuance of Rs 800 cr


The Company has submitted its acceptance to the Work Order as issued by MPPGCL. Other relevant documents including the Land Use Permission Agreement (LUPA) shall be signed and executed shortly.

Orient Cement to install clinker grinding unit at Satpura Themal Power Plant


The company's client base stood at 27.49 million (up 3.2% on MoM basis; up 61% on YoY basis). 


Angel One record 6% MoM growth in average client funding book in Sep


Great Place To Work India's recognition is based on a rigorous assessment that evaluates women's workplace experiences, the company's policies and practices, and its overall commitment to 
fostering a culture of inclusion. Happiest Minds stood out among numerous organizations for its efforts to create a work environment where women feel supported, valued, and empowered to excel.

Happiest Minds features in Top 100 India's Best Workplaces for Women 2024

Garden Reach Shipbuilders & Engineers (GRSE) signed an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on 03 October 2024, for the construction and delivery of 5th Multi-purpose vessel (MPV) of 7,500 DWT. This contract is in line with the 'Option Agreement' signed between both the parties, for procurement of four additional MPVs from GRSE. The shipyard will build a total of eight vessels (08) at an approx. order value of 108 M USD. 

GRSE signs contract for delivery of 5th multi-purpose vessel of 7,500 Dwt

With initial focus on its decorative paints positions in South Asia

Akzo Nobel NV undertakes strategic review of its portfolio

Board of  Cyient DLM approves acquisition of Altek Electronics Inc.

The India-US CEO Forum, chaired jointly by Union Minister of Commerce and Industry, Government of India, Piyush Goyal, and US Secretary of Commerce, Ms. Gina Raimondo was held yesterday in Washington D.C., USA. The India-U.S. CEO Forum convened as a platform to allow private sector members to develop and provide recommendations to the Indian and US governments that reflect the private sector's views, concerns and suggestions about the creation of an environment in which the bilateral economic links are strengthened.

India-US CEO Forum deliberates on recent progress made in critical areas

The Union Cabinet approved the proposal of the Department of Agriculture & Farmers Welfare (DA&FW) for rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer's into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), a cafeteria scheme and Krishonnati Yojana (KY). PM-RKVY will promote sustainable agriculture, while KY will address food security & agricultural self-sufficiency. All components shall leverage technology to ensure efficient and effective implementation of the various components.

Cabinet approves PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana

The Union Cabinet has approved modification of the existing Productivity Linked Reward (PLR) Scheme for the major ports and dock labour Board employees/workers from 2020-21 to 2025-26. The modified PLR scheme applicable from 2020-21 to 2025-26 will benefit about 20,704 employees of Major Port Authorities and Dock Labour Board Employees/workers. The total financial implication for the entire period will be about Rs.200 crore.

Cabinet approves modified Productivity Linked Reward Scheme for major ports and dock labour Board employees


According to an RBI working paper that studies the price dynamics of tomato, onion and potato (TOP) in India, despite having a modest weight in the consumer price index (CPI), significantly impact food and headline inflation due to their high price volatility. The value chain analysis of the three vegetables suggests that farmers are getting around one third of the price that a consumer is paying; the rest is apportioned by the wholesalers and retailers - unlike other sectors like dairy, where farmers are getting around 70 per cent of the final price. Marketing reforms, storage solutions, enhancing processing capacity, and raising yields through higher R&D investments in developing climate resistant varieties and innovative cultivation techniques would be critical for improving the value chains, increasing farmers share in consumer rupee and containing price volatility, the study noted. 


RBI study shows tomato, onion and potato farmers get only a third of retail price that consumer pays



Among the main positive outcomes seen in September were solid job creation, strengthening business confidence and the weakest uptick in selling prices in over two-and-a-half years. 

India services sector softens in September but PMI remains above 50

A sharp rally in the mid-cap and small-cap stocks are on back of strong inflow from the domestic institutional investors (DIIs)

BSE Smallcap index hits record high; TVS Electronics, Varroc zoom up to 20%

Capital Market

Board of Zee Entertainment approves acquisition of balance 20% stake in Margo Networks

Board of  Asahi India Glass approves change in directorate

Board of Rites approves bonus issue of 1:1

Board of Maruti Suzuki India recommends appointment of directors

Wipro announced that is has been selected by MAHLE, a global automotive supplier, to transform their IT infrastructure with an innovative hybrid cloud solution.

Capital Market News