Author: Dinesh

The District Consumer Commission in Visakhapatnam has directed the Indian Railways to compensate a passenger, V. Murthy, for the discomfort he and his family experienced during their journey. This case underscores the obligation of public service providers to maintain basic standards. Murthy, 55, had booked four tickets in the AC 3-tier coach on the Tirumala…

Nvidia is set to join the Dow Jones Industrial Average (DJIA) on November 8, replacing Intel, a move that highlights Nvidia’s rapid ascent and the diminishing influence of Intel in the tech industry. Over the past two years, Nvidia’s stock has skyrocketed nearly 900%, underscoring the significant investor confidence in companies driving the AI revolution.…

KPT Industries Ltd., formerly known as Kulkarni Power Tools Ltd., is a prominent Indian manufacturer based in Shirol, Maharashtra. Established in 1976, the company specializes in producing blowers, e-vehicles, power equipment, and a range of products including garden tools, control motors, electric power tools, and replacement parts. In a significant development, KPT Industries announced that…

Bharat Seats Ltd, a small-cap player in the auto components and equipment industry, has experienced an impressive rally of over 30% in just the last week. This surge is largely attributed to investor anticipation surrounding a potential bonus share announcement expected on November 5, 2024. Currently, Bharat Seats shares are trading at ₹206.45 on the…

Indraprastha Gas Limited (IGL), headquartered in Delhi NCR, is a leading Indian natural gas distribution company, providing clean energy solutions for households, industries, and transportation. Established in 1998, IGL is the largest city gas distributor in Delhi and the National Capital Territory, known for its reliable supply of natural gas for cooking and automotive fuel.…

Union Bank of India, a well-established public sector bank founded on November 11, 1919, has recently adjusted its fixed deposit (FD) interest rates for deposits below ₹3 crore. These revised rates, effective from November 1, 2024, offer up to a maximum of 7.30% interest on a 456-day term. Here’s a detailed breakdown of the new…

As Diwali approaches, banks are launching attractive home loan promotions to celebrate the festive spirit and facilitate new beginnings for potential homebuyers. During this season, several lenders are offering competitive interest rates for home loans, particularly targeting customers with good credit scores. Current Interest Rates For a home loan of ₹75 lakh with a tenure…

Ola Electric saw a 74% year-on-year increase in vehicle registrations in October, reaching 41,605 units and further establishing itself as a leader in India’s electric two-wheeler market. The company now holds a 30% market share, based on Vahan data. Ola attributes this growth to strong festive season demand, a diverse product lineup, and an expanded…

Fabricio Bloisi, the new CEO of Naspers Ltd. and its investment arm Prosus NV, is setting an ambitious goal: he aims to double the company’s value in just four years. In a recent conversation with Bloomberg, Bloisi, a former tech entrepreneur from Brazil, laid out his strategy to build on Prosus’s success and shared his…

Indian Railways has introduced an important update to its ticket booking rules, effective from November 1, 2024. The Advance Reservation Period (ARP) for booking train tickets has been reduced from 120 days to 60 days, excluding the day of travel. This means that passengers can now book their tickets two months ahead of their journey…