Finance – Page 10 – THE ECONOMIC INDIA

06 Feb

Jainam Broking Ltd. Gears Up for Landmark Indian Options Conclave in Surat, Witnessed by 10,000+ Traders

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Surat (Gujarat) [India], February 6: At Jainam Broking Limited, we believe that the heart of financial growth lies in continuous learning, meaningful connections, and transformative experiences. As we stand on the brink of the 6th edition of the Indian Option Conclave (IOC 6.0), I feel an immense sense of pride and excitement to invite you to an event that has become a cornerstone in the world of options trading. Why IOC 6.0 is More Than Just an Event IOC 6.0 isn’t just another date on the calendar; it’s where the future of options trading unfolds. Scheduled for 21st & 22nd…

06 Feb

Union Budget 2025 – Progressive and Growth-Oriented – Chairman, MATEXIL

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Mumbai (Maharashtra) [India], February 06: The Hon’ble Union Finance Minister announced the Union Budget for 2025 on 1st February. Commenting on the Budget, Bhadresh Dodhia, Chairman, MATEXIL (Manmade and Technical Textiles Export Promotion Council), stated, “The Budget is Positive, Pragmatic, Growth-oriented and in line with contemporary requirements and is well-positioned to drive growth in the textiles sector.” One of the key highlights of the Budget is the revision of classification criteria for MSMEs, both in terms of investment and turnover. Dodhia pointed out that nearly 80% of the textiles sector operates within the MSME clusters, and this revision would empower these…

06 Feb

Ready Mix Construction IPO To Open On 6th February, Sets Price Band At Rs 121 to Rs 123 Per Share

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Mumbai (Maharashtra) [India], February 06: Incorporated in 2012, Readymix Construction Machinery Limited offers engineering solutions for designing, developing, fabricating, and installing plant machinery and equipment, including Dry Mix Mortar Plants, concrete plant support, silos, and customized projects. The company is going to become public as it has announced to raise Rs 37.66 crores via an initial public offering (IPO) by issuing entirely a fresh issue of 30.62 lakh shares. For its SME Initial Public Offering (IPO), Readymix Construction Machinery Limited has established a price band of Rs 121 to Rs 123 per share. The company’s shares will be listed on…

05 Feb

How Budget 2025 Can Transform Cancer Care and Make Healthcare Accessible: Malavika Saxena, CMO, Rusan Pharma

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The provisions in Budget 2025 for scaling up Cancer Care centres mark a significant milestone in the journey toward a more accessible and efficient healthcare system in India. Malavika Kaura Saxena, Chief Marketing Officer of Rusan Pharma, sees this as a transformative step that will ease the burden on the country’s overstretched healthcare infrastructure, while making cancer treatment more accessible to a wider population. “The scale-up of Cancer Care centres in Budget 2025 is a transformative step toward improving accessibility and easing the burden on overstretched healthcare infrastructure,” Saxena shared. She stresses that while increasing the number of these centres…

04 Feb

Vishwa Samudra Group positive on the Union Budget 2025-26

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New Delhi [India], February 04: The Union Budget’s emphasis on infrastructure development, sustainable energy, and urban planning is a significant step towards India’s growth and self-reliance. In terms of broader infrastructure development, the budget allocates Rs.1.5 trillion in 50-year interest-free loans to states for capital expenditure, encouraging investments in infrastructure projects – which will bolster economic growth and create more jobs along with improving urban transport and movement of goods. Furthermore, an asset monetization plan for 2025-30 aims to generate ₹10 trillion to fund new projects, thereby accelerating infrastructure growth across the country. Mr. Shivdutt Das, Managing Director, Vishwa Samudra…

03 Feb

Budget Boosts India’s Economic Growth

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New Delhi [India], February 03: The 2025 Union Budget was one of the most anticipated in recent years, especially by the common man and every hardworking taxpayer. After years of navigating a complicated and sometimes daunting tax system, the government’s focus on simplification and reform is a welcome change. Forvis Mazars in India is a leading audit and assurance, tax, and advisory firm that has a shared view on the budget. Rohit Goyal, Partner, Financial Advisory, Forvis Mazars in India shares his views on- On cleantech manufacturing Developing and gradually moving towards cleantech manufacturing is crucial for creating a sustainable…

01 Feb

Ultracab (India) Ltd’s Rs.4981 Lakh Rights Issue Opened For Subscription On January 28, 2025

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Rajkot (Gujarat) [India], February 01: Rs.4981 lakh Right Issue of Ultracab (India) Ltd (BSE-538706) engaged in the manufacturing and exporter of electric wires and cable opened for subscription from January 28, 2025. Right issue of the company are attractively priced at a Rs.14.5 per share and will close on February 11, 2025. Highlights: The Shares in Right issue priced at Rs. 14.5 per share The Company recorded Net Profit of Rs. 598 lakh for FY24 and Revenue of Rs. 12439 lakh Promoters Mr. Nitesh Vaghasiya and Mr. Pankaj Shingala have confirmed to subscribe to the full extent of their Rights and Entitlements…

30 Jan

Instant Loans Up to Rs. 5 Lakh for Your Immediate Needs

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Mumbai (Maharashtra) [India], January 30: In times of financial need, having quick and reliable access to funds can make all the difference. Piramal Finance understands the importance of timely support and is proud to offer instant loans of up to ₹5 lakh. Designed to cater to your urgent requirements, our instant loan process is entirely online, ensuring convenience and ease every step of the way. Quick and Simple Financial Solutions Whether it’s an unexpected expense, medical emergency, or a sudden opportunity you don’t want to miss, Piramal Finance’s instant loan is here to help. With a focus on simplifying financial access, our…

23 Jan

Home Loans up to Rs. 2 Crore from Piramal Finance

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Mumbai (Maharashtra) [India], January 23: Owning a home is a dream that many of us hold close to our hearts. It represents not just a place to live but a space where cherished memories are created, families grow, and milestones are celebrated. At Piramal Finance, we understand the deep emotional value of a home and are committed to helping you turn that dream into reality. With our home loan offerings, we aim to provide a seamless, affordable, and customer-friendly solution for individuals aspiring to own their dream home. Home Loans Tailored to Your Needs Piramal Finance offers home loans of up to…

23 Jan

GB Logistics Commerce Limited IPO Opens On 24th January 2025

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Nagpur (Maharashtra) [India], January 23: GB Logistics Commerce Limited, operating in Logistics sector, has announced its plan to go public with an IPO on January 24, 2025, aiming to raise ₹ 25.07 Crores, with shares to be listed on the BSE SME platform. The issue size is Up To 24,57,600 equity shares at a face value of ₹ 10 each. Equity Share Allocation QIB Anchor Portion – Up to 6,99,600 Equity Shares Qualified Institutional Buyers (QIB) – Up to 4,66,800Equity Shares Non-Institutional Investors (NII) – Not less than 3,50,400Equity Shares Retail Individual Investors (RII) – Not less than 8,17,200Equity Shares Market Maker – Up to 1,23,600 Equity Shares The…