What will Budget 2024 do to improve sports infrastructure in India? Are we doing enough to harvest more Neeraj Chopras? Watch today’s Budget Show to find out

What will Budget 2024 do to improve sports infrastructure in India? Are we doing enough to harvest more Neeraj Chopras? Watch today's Budget Show to find out

The Budget Show with BS: Sport, Olympics and more

Hospitality chain Pride Hotels is targeting to  launch initial public offering (IPO) by March 2026 to fund renovations of existing properties and pare debt, its Chairman & Managing Director Sureshchand Premchand Jain said.
The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO.
The proposed IPO comprises a fresh issue of equity shares worth Rs 260 crore and an offer for sale (OFS) of 3.92 crore equity shares by existing shareholders.
Of the fresh issue proceeds, Rs 159.68 crore will be used to modernise and renovate existing hotels, Rs 40 crore for debt repayment, and the balance for general corporate purposes.
Total borrowings stood at Rs 65 crore as of March 2025, the draft papers showed.
Elaborating on the utilisation plan, Jain told PTI that the company intends to deploy the funds over the next 12 to 27 months to undertake renovation, refurbishment and upgradation of six out of seven .

The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO

Press Trust of India

Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore.
This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement.
Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added.
Earlier this year, the company announced that it has moved its vehicle registration process completely in-house.
"Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated.
And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl

This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience

From YouTube CEO Neal Mohan to Bill Gates, top tech leaders are limiting their children's screen time as studies link social media to teen anxiety and governments move towards age bans

Business Standard

But for many industry experts, the real story was that the technical gap between OpenAI's so-called foundational AI model and everyone else had become practically nonexistent

The Jharkhand government has set a target to procure around 60 lakh quintals of paddy and will begin the exercise from December 15, an official said on Sunday.
Altogether 783 procurement centres have been set up across the state to carry out the exercise, he said.
State Food, Public Distribution and Consumer Affairs Minister appealed to his cabinet colleagues, MPs and MLAs to visit the procurement centres in their respective areas and inaugurate the initiative.
He said the government will purchase paddy at Rs 2,450 per quintal from farmers.
The authorities have set a target to procure around 60 lakh quintals of paddy, according to the state's e-uparjan portal.
The Jharkhand Cabinet had on December 8 decided that farmers of the state will get a bonus of Rs 81 per quintal of paddy in addition to the Centre's minimum support price (MSP) for the crop in the 2025-26 fiscal.
The state council of ministers also approved Rs 48.60 crore as a bonus against paddy procurement from the ...

The authorities have set a target to procure around 6 million quintals of paddy, according to the state's e-uparjan portal

Members of a committee, set up by West Bengal Chief Minister Mamata Banerjee to inquire about the chaos during Argentine football icon Lionel Messi's event in Salt Lake stadium a day ago, reached the venue on Sunday to carry out an on-ground inspection, officials said.
The panel members, headed by retired Calcutta High Court judge Justice Ashim Kumar Ray, will conduct the probe, they said.
Chief Secretary Manoj Pant and Home Secretary Nandini Chakravorty are also members of the inquiry team.
The members will inspect the stadium premises, crowd management arrangements and facilities provided to spectators as part of the probe into the alleged mismanagement during Messi's event on Saturday, the officials said.
CCTV footage might also be probed, they said.
The committee has been tasked with fixing responsibility for the lapses that led to the chaos and recommending measures to prevent a recurrence of such incidents at high-profile events.
What was billed as a marquee sporting specta

The panel members, headed by retired Calcutta High Court judge Justice Ashim Kumar Ray, will conduct the probe

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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The Budget Show with BS: Sport, Olympics and more

What will Budget 2024 do to improve sports infrastructure in India? Are we doing enough to harvest more Neeraj Chopras? Watch today’s Budget Show to find out

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