Day: September 3, 2026

Move follows major uproar against the newly implemented mechanism

Kanohar Electricals, Arcil and Glass Wall Systems announce IPO price bands as Lumino Industries lists at a 35% premium and Rays of Belief sees nearly 108x subscription

Mutual fund expense ratios can vary sharply even within the same category. Active funds generally show wider cost spreads than passive funds. Investors should compare costs across peers and assess whether higher expenses are justified by performance.

A Pew Research Center survey shows that 73% of young Americans (18-29) fear AI will lead to job losses in the next 20 years, reflecting a significant increase in skepticism. This demographic, previously optimistic, is now wary of AI affecting creativity and job opportunities.

Maharashtra aims to make Mumbai slum-free within the next decade. The state is pushing for 10,000 homes in Dharavi by January 2029. Redevelopment of BEST bus depots will create mixed-use urban spaces. Mumbai 3.0 expansion includes new smart cities and an offshore airport. These projects will reshape the region’s economic landscape and growth.

French retailer Carrefour eyes acquisitions to rapidly expand its Indian presence. The company plans to open fifty stores within three years through its partnership. Carrefour is abandoning its large hypermarket model for smaller, more productive formats. It will also focus on competitive pricing and rebuilding its product assortment. India is also seen as a potential…

SpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operational capacity. Discussions are ongoing regarding SpiceJet’s financial and operational challenges. The Civil Aviation Minister confirmed these interactions with the airline. The government monitors airfares and has an ATF price stabilisation scheme.

Union Minister Shivraj Singh Chouhan urged banks to expedite loan approvals for rural women entrepreneurs. He directed officials to enhance training and establish a helpline for Self-Help Group members. The government aims to provide ten lakh crore rupees in loans over five years. This initiative seeks to empower women and foster economic development across India….

Housed under the group’s cement unit UltraTech, the new business, named UltraVolt, aims to become one of India’s top two wires and cables players within five years, according to group chair Kumar Mangalam Birla.

Aptargroup CHRO Shiela Vinczeller sells $99,732 in company stock