November 18, 2024
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Jumboking valuation at Rs 400 crore plus! ‘Multi bagger investor’ picks up stake in India’s third-largest burger chain – Times of India

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Ace investor Ashish Kacholia has acquired a 17.2% stake in homegrown burger chain Jumboking, making him the second-largest shareholder. The investment, of an undisclosed amount, was made through a secondary market transaction following Triton Fund’s exit from the firm.Experts estimate the transaction to be valued between Rs 70 crore and Rs 80 crore, placing the…

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India’s services growth accelerates; employment increases at fastest rate in seven months – Times of India

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Services PMI grows, employment increases at the fastest rate in seven months! India’s services industry showed faster growth in March, driven by strong demand, as per a private survey. The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, increased to 61.2 last month, surpassing expectations. This marks the 32nd consecutive month of growth.Job…

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Gold rate today: Gold prices hit lifetime high of Rs 69,918/10g; 2024 gains Rs 6,600 so far | India Business News – Times of India

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Gold rate today: Gold prices reached a new all-time high on Thursday, influenced by global commodity prices. US Fed Chair Jerome Powell‘s statement, indicating that recent job numbers and higher-than-expected inflation wouldn’t change the central bank’s monetary strategy much, boosted investor confidence in gold, sparking increased buying activity.According to ET, June Gold futures on MCX…

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Indian Railways’ big 100-day plan: Vande Bharat sleeper, bullet train, J&K rail project with Chenab bridge & more – check details – Times of India

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Indian Railways readies a big 100 day plan for the new government! Indian Railways is finalising plans for the rollout of Vande Bharat sleeper, completion of the major Kashmir railway project that will link J&K with the rest of India and rolling stock procurement for the bullet train project.Indian Railways plans to introduce a sleeper…

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Vistara hopes disruptions may end by the weekend; to scale back operations for humane pilot rostering – Times of India

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NEW DELHI: Vistara flight disruptions could significantly ease by the weekend, with the management of the 70-aircraft-strong airline promising a more humane utilisation of its about 1,000 pilots — who are currently on standby almost all times when not flying — due to “faulty” rostering. To ensure this, the airline which currently operates 320-330 daily…

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PPF calculator: Don’t lose lakhs in interest! Why you should deposit money in Public Provident Fund account before April 5 – Times of India

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PPF Interest Rate: Public Provident Fund or PPF is a very popular investment option especially for individuals looking for tax free returns with sovereign guarantee. PPF interest is tax-exempt, making timely deposits crucial for maximizing tax-free earnings. The maximum annual investment allowed in a PPF account is Rs 1.5 lakh.But did you know that the…

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