Both the Agrawal family and Temasek have signed a term sheet for a stake sale by the Agrawal family

Haldiram

Markets Today LIVE: Markets in India were trading marginally lower on Wednesday

Stock market

Economic Survey had projected a GDP growth of 6.5% to 7%. This was later revised to 6.5% by the finance ministry in November 2024

GDP, India GDP

Neelkanth Realtors, a Mumbai-based real estate developer, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering.
The Initial Public Offering (IPO) is entirely a fresh issuance of up to 1.35 crore equity shares with a face value of Rs 10 each, according to the Draft Red Herring Prospectus (DRHP).
Proceeds from the fresh issue will be utilised by Neelkanth Realtors towards funding a part of the costs to be incurred in the development of its ongoing projects, and upcoming projects, including Neelkanth Plaza Project in Thane.
As per the draft papers, funds from the IPO will also be used by the Mumbai-based company for repayment of debt and general corporate purposes.
In the public issue, 50 per cent of the offer will be reserved for qualified institutional investors, 15 per cent for non-institutional investors and 35 per cent for retail investors.
Neelkanth Realtors is one of the prominent real estate developers in Mumbai's easter

IPO rush, market

Sunil Gavaskar admits that more players like Yashasvi Jaiswal and Nitish Kumar Reddy are required in the Indian squad, who are young and hungry to score runs

Sunil Gavaskar

Prime Minister Narendra Modi on Sunday accused the AAP government in Delhi of wasting a decade fighting with the Centre and urged the people of the national capital to give the BJP an opportunity to turn it into a city of the future.
The prime minister also assured that no public welfare scheme would be discontinued if the BJP assumed power but the party's government would weed out the corruption in their implementation.
Addressing a rally in the Rohini area, Modi dubbed the AAP government a "disaster" that had struck Delhi and asserted the BJP would usher in change.
"Only when this 'aapda (disaster)' is gotten rid of in Delhi, the double-engine of development will come in," Modi said.
The prime minister said the Centre had been developing highways in Delhi, expanding the Metro network, starting the Namo Bharat Regional Rapid Transit System, and running big hospitals.
"However, the moment you step out of a Metro station, you can see potholed roads, overflowing sewers. Some areas a

Modi, Narendra Modi

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

Phone, social media, mobile phones

The temporary work permits are the only real way to employ Indian immigrants in the US, since national caps make it nearly impossible for them to get a green card

H-1B Visa

An inconsistent Lakshya Sen faltered in his opening match, while HS Prannoy endured a frustrating start to the season-opening Malaysia Super 100 badminton tournament as his opener against Canada's Brian Yang was suspended midway due to a leaking roof at the Axiata Arena on Tuesday.
Lakshya, coming off a title win at the Syed Modi International in Lucknow and a third-place finish at the King Cup International, failed to replicate his recent form and succumbed to Chi Yu-jen of Chinese Taipei, losing 14-21, 7-21.
The Indian shuttler's game was riddled with unforced errors, leaving him with little chance against the 27-year-old.
Prannoy, returning to action after the Paris Olympics, was leading 21-12, 6-3 when rainwater began seeping through the roof, forcing play to be stopped on Court 3 about 25 minutes into the match.
After a delay of over an hour, play resumed around 4:15 PM, but the match was halted again as the leak persisted.
Yang was leading 11-9 in the second game when offici

Lakshya Sen, Lakshya

Travel

Sheikh Hasina and 11 others are summoned to a Bangladesh court on February 12. The former Prime Minister fled to India in August after student protests ended her 16-year Awami League rule

Sheikh Hasina

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Temasek nears deal to buy 10% stake in Haldiram's at $10 billion valuation

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