When you take a loan, you repay it through EMIs. EMI stands for Equated Monthly Installment. Banks often use NACH (National Automated Clearing House) or ECS (Electronic Clearing Service) mandates for automatic EMI payments. These let the bank debit your account monthly. Why the NACH Mandate Amount Might Be Higher Borrowers sometimes notice that the …
Bajaj Healthcare Limited (BHL), on April 7, 2025, announced the acquisition of GenRx Pharmaceuticals Private Limited for ₹10.85 crore in cash. The deal involves 100% control of the target company and will be completed over the next 3-6 months, subject to regulatory approvals, including those from the FDA. About GenRx Pharmaceuticals GenRx Pharmaceuticals was incorporated …
Long-term stocks are investments that investors typically hold for extended periods, often years, with the goal of achieving long-term financial objectives. These investments are made in companies with growth potential, and the idea is to ride out market volatility while benefiting from the company’s long-term growth. In this article, check the best long-term stocks in …
Top edtech unicorn PhysicsWallah has filed draft papers through the confidential pre-filing route to raise ₹4,600 crore via an initial public offer, according to various news reports. PhysicsWallah is supported by investors such as Westbridge Capital, GSV Ventures, Lightspeed Venture Partners, and Hornbill Capital. If the listing materializes, the company could potentially become the first …
Power Grid Corporation of India Limited (POWERGRID), a Maharatna CPSU and one of India’s leading electric utilities, has announced that its “Committee of Directors for Bonds” will meet on April 4, 2025. The agenda? To consider the issuance of Unsecured, Non-Convertible, Non-Cumulative, Redeemable, Taxable Bonds under private placement. This will be POWERGRID’s 81st (LXXXI) bond …
Bharat Electronics Ltd. (BEL), a key player in India’s defence and strategic electronics sector and a constituent of the Nifty 50, has reported a mixed performance for the financial year 2025. While the company fell short of its order inflow target, it surpassed expectations in revenue growth. Order Inflow Below Projections In an exchange filing …
The All India BSNL Pensioners’ Welfare Association (AIBSNLPWA) has requested the government of India to revise BSNL retirees’ pension as per the terms of reference of the 8th Central Pay Commission (CPC). Past CPC’s recommendations have often been extended to former BSNL employees. Push for BSNL Employees’ Inclusion in 8th Pay Commission The AIBSNLPWA has …
Gold prices change daily due to global market trends, demand, and currency exchange rates. Whether you’re an investor, jeweller, or buyer, keeping track of these fluctuations can help you make informed purchasing decisions. Read on to discover today’s gold rate in Dubai. Dubai Gold Rate Comparison: Today vs. Previous Session The table below shows the …
UIDAI is an abbreviation for the Unique Identification Authority of India. The UIDAI has partnered with Sarvam AI to enhance user experience for Aadhaar services. Based on news reports, Sarvam AI is a full-stack Generative AI company based in Bengaluru. AI-Driven Voice Interactions Sarvam will deploy an AI solution to ensure voice-based interactions with UIDAI’s …
New Delhi, Mar 19 (PTI) India’s FMCG sector is expected to witness a mild revenue rebound of 100 to 200 basis points to 6-8 per cent in fiscal 2026 on the back of a gradual recovery in urban and steady rural demand, Crisil Ratings said on Wednesday. In the ongoing 2024-25 fiscal, the sector is …
