Afcons Infrastructure's shares started off at an 8% discount but later climbed to an intra-day high of ₹477.50. The company has a big order book worth ₹45,000 crore, and it's expecting to see revenue growth pick up after a quiet fiscal year. They recently landed contracts, including the Bhopal Metro's Blue Line, and are aiming for a 15% growth rate over the next three years.
Andhra Pradesh Chief Minister N Chandrababu Naidu will not support any laws that hurt Muslim interests, says TDP leader Nawab Jan. At a rally, Jan called for unity against the Waqf (Amendment) Bill 2024, highlighting Naidu's dedication to fairness and the well-being of all communities.
Bollineni Rajgopal Naidu, the new Chairman of Tirumala Tirupati Devasthanams, pushed back against Asaduddin Owaisi for comparing the temple board to the waqf board. Naidu emphasized the plan to hire only Hindus at the temple, addressed concerns about the quality of offerings, and showed support for a Sanatana Dharma Board while rejecting false information about the TTD.
Kuku FM, a platform for audio in local languages, saw its revenue soar by 114%, reaching INR 104.1 Cr for the financial year 2024. Although total spending went up by 21% to INR 200 Cr, losses fell to INR 96 Cr. The platform has over 25 million paying users and offers a wide range of audio content.
Apollo Hospitals is set to invest ₹6,100 crore to add more than 3,500 beds in 11 locations by FY26. This plan includes a new 500-bed hospital in Worli, Mumbai, and an expansion in Lucknow. The goal is to improve healthcare access and quality in India.
Swiggy's upcoming IPO is valued at ₹11,327 crore and will open on November 6, 2024. The company wants to take advantage of India's growing digital economy, even though it's currently operating at a loss. Investors are curious if Swiggy can beat its rival Zomato, which has recently gained ground in quick commerce.
A Zomato warehouse in Hyderabad was found storing food items with future packaging dates during a food safety inspection. Key issues included a lack of insect-proof screens and non-compliant food handlers, despite the facility holding necessary licenses.
The Central Board of Indirect Taxes & Customs (CBIC) will require that the production methods for lab-grown diamonds be declared during export and import starting December 1. This rule is meant to improve processing efficiency and support the expanding market, which is expected to reach $5 billion by 2025.
Kanchan Ugursandi, a 32-year-old woman from Jharkhand, has made history as the first biker to reach Lipulekh Pass, standing at 17,500 feet. Her trip, part of the Kailash Mansarovar pilgrimage route, was full of challenges. Kanchan wants to inspire women and support Indian soldiers through her adventures.
Nvidia will take Intel's place on the Dow Jones Industrial Average, marking a big change in the semiconductor world. This shift ends Intel's 25-year run on the index and shows how it's struggling in the market as competition grows and it misses chances in the AI field.