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Systematix has initiated coverage on Timex Group India with a Buy rating and a target price of Rs 820, implying around 30% upside. The brokerage expects strong growth through FY29, with revenue, EBITDA and adjusted PAT projected to grow at CAGRs of 29.1%, 37.3% and 40.5%, respectively, supported by premiumisation, margin expansion and strong cash…
The Employees Provident Fund serves as a robust mechanism for building long-term savings through consistent contributions and the magic of compound interest. Factors like annual salary hikes and stable interest rates greatly influence the total savings, while optional contributions can further bolster retirement finances.
Theatrical window rules have sparked a fresh dispute between Tamil Nadu film producers and exhibitors, with exhibitors seeking an eight-week window for Tamil films instead of four weeks. Producers have threatened to halt new theatrical releases, shootings and post-production from September 1. Industry veterans expect a compromise, potentially applying the longer window to films without…
On August 27, 2026, gold prices dipped significantly across major Indian jewelry brands, including Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers, reflecting a decline from yesterday’s trading. The Indian Bullion and Jewellers Association (IBJA) also reported reduced gold and silver rates. Customers should be mindful of GST and making charges when they plan…
The first half of 2026 saw a major increase in flexible workspace seat leases, marking the highest gross leasing volume ever recorded. It was primarily propelled by the rise of Global Capability Centres, which are significantly influencing the demand for flex seat leases. Bengaluru consolidated its status as the top flex market, while Hyderabad continued…
GAIL plans pipeline expansion and diversified LNG sourcing for energy security. The company is scaling up petrochemicals and LPG infrastructure to meet demand. Investments in clean energy technologies are also a key focus area. GAIL’s natural gas pipeline network is expanding significantly across India. These strategic moves aim to balance energy security with the global…
Indian cities face monsoon flooding despite extensive road construction projects. Heavy rainfall overwhelms drainage systems, causing widespread traffic disruptions and damage. Planned cities like Chandigarh also struggle with intense, short-duration rain events. Underlying urban systems and natural water channels have not kept pace with development. Addressing this requires improving drainage and preserving natural water bodies.
In fact, the rupee’s decline over the years, strict valuation requirements and the fact that many amounts exceed the prescribed lower limits are discouraging several taxpayers from disclosing previously unreported foreign income and assets.
MIT engineers have developed an AI-based machine-learning method that can create realistic scenarios for extreme weather events that have never been recorded. The system can generate maps showing the possible size, intensity and duration of rare storms. Using weather statistics and spatial data, it can model events that are more extreme than those in the…
50,000 goats once ravaged Hawaii’s Kahoʻolawe island before eradication