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Mahanadi Coalfields has filed its DRHP for an IPO comprising an OFS of up to 66.18 crore shares by promoter Coal India. The proposed listing will give investors direct exposure to one of India’s largest non-coking coal producers, backed by substantial reserves and established mining infrastructure.
Itel and PhonePe have partnered to enable UPI payments on selected feature phones. This collaboration allows users to make digital transactions without a smartphone or internet. Compatible Itel feature phones will come with a pre-installed PhonePe UPI 123Pay application. Users can send money, pay merchants, and check balances directly from their phones. This initiative aims…
Pranav Constructions has set the IPO price band at Rs 118-124 per share, with the issue opening on September 7. The Rs 315.6-crore fresh issue and offer for sale will fund the company and selling shareholder, respectively. Focused on Mumbai redevelopment, the company reported 20% revenue growth and 15% profit growth in FY26.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has appointed three new trustees. These new members include Mahesh Bhagchandka, Madan Mohan Pandey, and Nirmala Yadav. The trust is also considering the appointment of the Ram Janmabhoomi Mandir’s first chief executive officer. A search committee screened over five thousand applicants for this significant position. The name of…
India’s e-commerce sector is projected to grow nearly three times to USD 345 billion by 2030 from USD 125 billion in 2024, propelled by the rapid expansion of quick commerce and artificial intelligence (AI) integration, according to a report released on Wednesday. According to the report titled ‘Smart Growth in a Fast Market’ by research…
India issued visas for 104 Sikh devotees to visit Sri Hemkund Sahib. The Attari-Wagah border closure forces pilgrims to use expensive third-country routes. This significantly increases travel costs, impacting pilgrimage plans for many families. Devotees are appealing for special permission to cross the land border. The Pakistan government has denied these requests, citing the ongoing…
Air India Express has introduced new uniforms that bring together design elements from different Indian states for its cabin crew and frontline staff. There are also certain changes in the uniforms of pilots of the Tata Group-owned airline. “Launched from 1 September, the uniforms are being introduced across cabin crew, airport services, aviation security, and…
Quote of the day by Richard Feynman: “To every man is given the key to the gates of heaven. The same key opens the gates of…” – a powerful reflection on choice and consequences
Subrat Shandilya, a young aerospace engineer from Bihar, is developing a compact jet engine. His startup, Shandilya Aerospace, aims to create a lower-cost propulsion option for UAVs. The Bihar government has approved the project and will provide phased seed funding. Metal 3D printing is a key technology for rapid prototyping and efficient production. A jet…
In a heartwarming gesture, Aam Aadmi Party members rallied to support seven-year-old Ragini, who has been navigating her daily life on one leg. Following appeals on social media, they provided her with a wheelchair and promised financial assistance, alongside a future artificial leg to enhance her mobility. This incident sheds light on the ongoing struggles…