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28 May

Black Box Declares 50% Dividend: ₹1 per share on Face Value of ₹2 per share

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#BlackBoxDeclaresDividend1pershare Chandigarh: Black Box Limited, Essar’s technology arm and a leading provider of digital infrastructure solutions, announced its audited financial results for the quarter and year ended March 31, 2025. The Company delivered consistent improvement in profitability and operational efficiency, supported by disciplined execution and strategic portfolio realignment. Key metrics showed positive momentum across EBITDA, PAT, and margins, with an expanding order book and a strengthened balance sheet. Consolidated Performance Highlights (in ₹ Crore): Particulars Q4 FY25 Q4 FY24 YoY FY25 FY24 YoY Revenue 1,545 1,480 4% 5,967 6,282 -5% EBITDA 147 122 21% 531 428 24% EBITDA Margin 9.5% 8.2%…

27 May

JioBlackRock Asset Management receives SEBI approval for mutual funds business

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Mumbai: Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as a n investment manager for their mutual fund business in India. JioBlackRock Asset Management will bring an innovative investment proposition to the growing number of Indian retail mutual fund investors, as well as to institutional investors in India. The asset management company will seek to leverage the unique strengths of its two sponsors: JFSL’s digital reach…

27 May

IPO Listing: Borana Weaves Shares debut at nearly 13% premium

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#IPOListingBoranaWeaves Mumbai: Shares of textile manufacturer Borana Weaves kicked off its innings at Dalal Street on Tuesday, May 27. The stock listed at a premium of 12.50% at ₹243 on both the BSE and the NSE, This compares to an issue price of ₹216. Ahead of its debut, the grey market premium (GMP) for the company's shares stood at ₹43. The IPO, which was open for bidding between May 20 and May 22, received a bumper response from investors across all categories. The issue was booked 148.77 times overall, with the retail portion subscribed 200.50 times, NII segment 237.41 times,…

26 May

Vi introduces India’s First Truly Unlimited Data Plan ‘Nonstop Hero’ in Punjab

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#ViNonstopHeroPunjab Chandigarh: In today’s hyper-connected world, uninterrupted access to data is a necessity. With mobile data powering everything from work to education to health to leisure to lifestyle, the demand for a reliable, worry-free data experience has never been greater. Addressing this need, India’s leading telecom operator Vi, has introduced India’s first truly unlimited data plan* Vi Nonstop Hero in Punjab. Designed to address the issue of data quota exhaustion for prepaid customers, the Nonstop Hero Plan aims to offer a worry-free data experience throughout the entire validity period. India is witnessing a data revolution. According to a recent report…

26 May

KANODIA CEMENT LIMITED FILES DRHP WITH SEBI

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#KANODIACEMENTDRHPSEBI Chandigarh: Kanodia Cement Limited (“the Company”), a cement manufacturing company operating through satellite grinding units (“SGUs”) in the states of Uttar Pradesh and Bihar, specializing in the production of blended cement such as Portland Pozzolana Cement and Composite Cement has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds through offer of equity share capital via initial public offering. The Public Offer comprises ‘Offer for Sale’ of up to 14,913,930 equity shares with face value Rs.10 each share. As per the CRISIL Report, Kanodia Cement…

26 May

Groww files confidential IPO papers with SEBI

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#GrowwfilesIPOpapersSEBI Chandigarh: Groww, India’s largest stock broking firm by active investor base, has confidentially filed for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). According to sources familiar with the matter, the IPO size is expected to be around $700 mn - $1 bn, comprising a mix of a fresh issue and an offer for sale component. The company is backed by marquee investors like Peak XV, RIBBIT, YC, ICONIQ, Tiger Capital, and Microsoft CEO Satya Nadella. Proceeds from the IPO are expected to be invested in technology development and business expansion. As reported…

26 May

30% Increase in Stipend for Youth Under NAPS and NATS

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#IncreaseStipendforYouth #NAPSandNATS Making Apprenticeship Training More Lucrative Chandigarh: In a landmark move to make apprenticeship more rewarding and aspirational for India’s youth, the 38th Meeting of the Central Apprenticeship Council (CAC), chaired by Shri Jayant Chaudhary, Hon’ble Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), recommends a 30% increase in stipend provided under the National Apprenticeship Promotion Scheme (NAPS) and the National Apprenticeship Training Scheme (NATS). The recommendation, which would revise the stipend range from the existing ₹5,000–₹9,000 to ₹6,800–₹12,300, aims to reduce dropout rates and attract more candidates across diverse sectors. Held at Vigyan Bhawan,…

26 May

वर्ल्ड युनिवर्सिटी ऑफ डिजाइन ने एमआईडब्लू डिजाइन वीक 2025 की मेजबानी की

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#MIWdesignweek2025 Mohali मोहाली - वर्ल्ड युनिवर्सिटी ऑफ डिजाइन (डब्लूयूडी) ने उभरती डिजाइन प्रतिभाओं के एक सप्ताह तक चले उत्सव एमआईडब्लू (मेड इन डब्लूयूडी) डिजाइन वीक का पांचवां संस्करण संपन्न किया जहां रचनात्मक क्षेत्र की उत्कृष्ट प्रतिभाएं एक ही छत के नीचे एकत्रित हुईं। वर्ल्ड युनिवर्सिटी ऑफ डिजाइन के कैंपस में हुए इस आयोजन में डिजाइन, आर्किटेक्चर, फैशन, विजुअल आर्ट्स, कम्युनिकेशन, इंटीरियर, एनिमेशन और परफॉर्मिंग आर्ट्स में स्नातक कर रहे 230 से अधिक विद्यार्थी शामिल हुए। एमआईडब्लू एक ऐतिहासिक डिजाइन आयोजन के रूप में उभरा है जिसमें सालभर तक अकादमिक और उद्योग के बीच गठबंधन से निकले असाधारण परिणाम प्रदर्शित होते…

26 May

amanté unveils its Latest Campaign: “Made Like You”

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#amantéMadeLikeYou #MadeLikeYou Mumbai: This season, amanté redefines intimate fashion with the launch of its new campaign — "Made Like You". More than a seasonal showcase, this is a declaration of purpose: a celebration of modern womanhood in its fullest, freest, and fiercest form. Positioned as an intimate partner in every woman’s life, amanté's latest campaign journeys through her every mood, move, and moment. It’s an invitation to embrace fashion that doesn’t just fit her — but flows with her. From lingerie and loungewear to shapewear and athleisure, this collection blurs the lines between innerwear and outerwear, function and fashion, softness…

26 May

Samsung Becomes First Brand to Cross INR 10000 Crore in TV Sales in India

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#Samsungtvsales10kCr #SamsungIndiaTvsales #SamsungIndia Chandigarh: Samsung, India’s largest consumer electronics brand, announced that its television business has crossed INR 10000 Crore in sales in calendar year 2024. This makes Samsung the first brand in India to achieve the significant milestone in the television industry. Samsung said it is confident of achieving double-digit growth in 2025, driven by an expansive portfolio of premium offerings and growing demand for large-screen, AI-powered televisions. “2024 was a landmark year for Samsung India. In value terms, we achieved a turnover of INR 10000 crore. We now aspire to grow in double-digit this year backed by our new…