#makeinIndia

Nitin Gadkari asks Tesla not to sell China manufactured cars in India, reveals his conversation with Elon Musk to set up manufacturing in India

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Amid the report of China freshly creating fresh disturbance at the LAC, Union minister of Road Transport and Highway Nitin Gadkari has said that he has told US-based electric vehicle (EV) manufacturer Tesla not to sell China-manufactured cars in India. Gadkari further disclosed a conversation he had with asked Elon Musk, the head of Tesla manufacture. “I have … Read more

Paras Defence: From being oversubscribed 304 times to up more than 370%, why India is betting big on it

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What would be your reaction if you were told that your money grows 5% everyday? Yes, you read that right, 5% upward everyday. Paras Defence and Space Technology is a company that got listed in the stock market just recently. The IPO was subscribed over 300 times, which in itself was a record in Indian … Read more

American version of ‘we have changed strategy, not ideology’: Indian American lawmakers devise a new way to lecture India by saying that India should not be lectured

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Lecturing India about imaginary ‘human rights’ and ‘communalism’ and dangers to democracy has been the favorite political habit of politicians, media, and the elite in Western nations. Unsurprisingly, some politicians of Indian origin pretend they are better at lecturing India than their white compatriots. In a recent manifestation of this phenomenon, Indian American lawmakers Ro … Read more

Adani Group takes over operations of Jaipur International Airport in Rajasthan, to take over Thiruvananthapuram airport tomorrow

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On October 11, the Airports Authority of India (AAI) handed over the responsibilities of the Jaipur International Airport to Adani Group. The group will manage the Airport for 50 years. JS Balhara, Airport Director, handed over the Airport’s symbolic key to Vishnu Jha, Chief Airport Officer Adani Jaipur International Ltd. Balhara said that the company would handle … Read more

Tata Group Companies led by Tata Motors register an impressive rally on the stock market, share prices rise by up to 20%

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Shares of Tata Group Companies rallied on Wednesday with Tata Motors, Tata Motors DVR, Tata Power, Tata Chemicals and Tata Investment Corporation among companies that saw their share prices rise in the range of 10 to 20 per cent. Titan, Tata Steel and Tinplate were also among the stocks that contributed to the ongoing rally. The surge … Read more

Beauty and fashion unicorn Nykaa subscribed a staggering 82.42 times on final day: Details

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The initial public offering(IPO) of India’s largest omni-channel destination for beauty and personal care, Nykaa, owned by FSN E-Commerce Ventures Ltd, was subscribed 82.42 times on Monday, which was the final day of the bidding of the issue that opened on October 28. The Rs 5,300-crore initial public offering(IPO) of Nykaa received bids for 216.59 crore equity … Read more

‘No transparency in Axis deal’: Former Spandana Sphoorty MD Padmaja Reddy drops bombshells. Read full text of the tell-all letter

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A week after submitting her resignation, Padmaja Reddy, founder and former managing director of Spandana Sphoorty Financial, has penned a letter revealing murky details of her tussle with private equity investor Kedaara Capital over a proposal to sell the company to Axis Bank. Reddy has alleged that there was no transparency whatsoever in how the Axis … Read more

Glass ceiling broken: Woman-led fashion unicorn Nykaa makes a robust debut at share market, market cap crosses Rs 1 lakh crore

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Personal and Body care brand Nykaa made an outstanding debut on the Indian stock exchanges on Wednesday, with shares listing at a premium of up to 79 percent compared with the issue price. On Bombay Stock Exchange, the stock of FSN E-Commerce Ventures — the parent organisation of Nykaa — was listed on the secondary market at … Read more

Govt to table bill on cryptocurrency, speculations over ban on ‘private cryptocurrencies’ cause dip in the market

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The union govt is reportedly going to table a Bill in the winter session of Parliament aiming to create a facilitative framework for the creation of official digital currency to be issued by the Reserve Bank of India (RBI). As per the description of the Bill available, the ‘The Cryptocurrency & Regulation of Official Digital Currency Bill, … Read more

Cryptocurrency and India: Busting the myths and conspiracy theories as Govt tables the Bill in winter session

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The Indian government has announced that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is expected to be tabled in the Winter Session of Parliament. The bill will seek to create a framework for the official digital currency to be issued by the Reserve Bank of India. The bill looks to “prohibit certain private cryptocurrencies … Read more