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The Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI fell to 46.9 last month from 47.1 in April

US manufacturing dips for seventh straight month in May; employment rises

Reuters

Top 10 Emerging Entrepreneurs Revolutionizing Industries in 2023

New Delhi [India], June 1: In today's dynamic world, emerging entrepreneurs are revolutionizing industries, challenging norms, and driving innovation. With their fresh ideas and relentless determination, they reshape the business landscape, leaving an indelible mark on various sectors. These visionaries are the driving force behind transformative change and economic growth.

ANI Press Release

Liquidity, GSAP

The process to withdraw the Rs 2,000 note started from May 23

Liquidity surplus crosses Rs 1.75 trillion-mark on higher govt spending

Business Standard

BSE, NSE, Sensex, Nifty, stock markets

Future Generali India Insurance has been profitable since 2014 but the decision to list the company on exchanges would be taken by shareholders, managing director Anup Rau said on Thursday.
Future Generali India Insurance Company Limited is a joint venture between the Generali Group with a majority 74 per cent stake, and remaining with the Future Group.
India continues to be most attractive market for insurance players and premium for general insurance segment is expected to grow at 20 per cent in the next few years, he said.
Meanwhile, private general insurer announced the launch of its new health insurance product  DIY Health  which offers flexibility and freedom to choose the coverage as per the customers' needs.
This comprehensive product celebrates the power of choice, offering a base plan with 17 base features, complemented with a wide array of 20 modular features.
This modular health insurance product would enable customers to not only choose the most relevant features as p

Future Generali India Insurance has been profitable since 2014 but the decision to list the company on exchanges would be taken by shareholders, managing director Anup Rau said on Thursday.

Decision to get listed to be taken by shareholders: Future Generali MD

Press Trust of India

Twitter restores blue verification badge on MS Dhoni's account

M S Dhoni

Former India captain Mahendra Singh Dhoni successfully underwent a left knee surgery in a Mumbai hospital on Thursday.
Dhoni, who led Chennai Super Kings to their fifth IPL title, had flown to Mumbai from Ahmedabad after the final on Monday and consulted renowned sports orthopaedic surgeon Dr Dinshaw Pardiwala, who is also on the BCCI medical panel and had performed surgeries on a number of top Indian cricketers, including Rishabh Pant.
"Yes, Dhoni has had a successful knee surgery at the Kokilaben Hospital in Mumbai on Thursday. He is doing fine and will be released in a day or two. He would be resting for a few days before his extensive rehabilitation starts. It is now expected that he would have enough time to get fit to play in the next IPL," a source close to CSK management told PTI on conditions of anonymity.
Dhoni had played the entire season with heavy strapping on his left knee and while he looked absolutely fine during wicket-keeping, he came into bat as low as No. 8 at ..

Former India captain Mahendra Singh Dhoni successfully underwent a left knee surgery in a Mumbai hospital on Thursday.

Former Cricket captain Dhoni successfully undergoes knee surgery in Mumbai

Piyush Goyal insisted members water down the WTO’s subsidy rules for government-backed food-purchasing programs aimed at feeding poor citizens. (Photo: Bloomberg)

Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Thursday said a 7.2 per cent growth in GDP in 2022-23 is historic, given the current global economic situation, and going forward India would emerge as a developed nation in the next 25 years.
Commenting on Morgan Stanley's report, he said it reflects India's growing global image and fast economic growth.
India continues to maintain its streak of world-beating economic growth after GDP for the March quarter beat all expectations with a 6.1 per cent expansion that helped push the annual growth rate to 7.2 per cent.
Morgan Stanley in its report said that India, under Prime Minister Narendra Modi, has transformed, gaining a position in the world order and becoming a key driver for Asia and global growth.
Last year was challenging as the world was coming out of the impact of the Covid pandemic and the war between Russia and Ukraine, he said, adding that in such a background, developed economy was severely impacted but steps taken by the ..

Commerce and Industry Minister Piyush Goyal on Thursday said a 7.2 per cent growth in GDP in 2022-23 is historic, given the current global economic situation, and going forward India would emerge as a developed nation in the next 25 years.

7.2% GDP growth is historic given the global situation: Piyush Goyal

IT sector, IT companies, Deals

Collaboration and customer-centric business development among factors enabling country's capacity

India to have 1,900 GCCs, market to be worth $60 bn by 2025: Report

MS Dhoni backed Shaka Harry makes its International Debut in Singapore, the Global Hub for Alternative Protein; introduces 15 innovative products at the Mustafa Centre

Singapore, June 1: Shaka Harry, the renowned plant protein company and India's top performer in the industry is thrilled to announce its expansion into Singapore, marking its first international market as part of the company's ambitious growth plan. The company will soon be introducing 15 innovative products at Mustafa Centre Singapore, a four-level retail hub and the iconic shopping mall in Singapore known for its unique 24-hour market-style shopping experience and a wide variety of products and services.

IVCA hosts First Edition of #VC101 in Mumbai, aims to build the NextGen of VC Fund Managers

Mumbai (Maharashtra) [India], June 1: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), held its first in-person learning session for #VC101, an industry-led knowledge-sharing programme for first-time fund managers (FTFMs), in collaboration with Price Waterhouse  &amp;  Co LLP and IC Universal Legal as Knowledge Partners.

Mumbai (Maharashtra) [India], June 1: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), held its first in-person learning session for #VC101, an industry-led knowledge-sharing programme for first-time fund managers (FTFMs), in collaboration with Price Waterhouse  &  Co LLP and IC Universal Legal as Knowledge Partners.

IPO, Investment

LED lighting solution provider IKIO Lighting Ltd on Thursday said it has fixed a price band of Rs 270-285 per share for its Rs 606-crore initial public offering (IPO).
The issue will be open for public subscription during June 6-8 and the bidding for anchor investors will open on June 5, the Noida-based company said in a statement.
The IPO consists of a fresh issue of equity shares worth up to Rs 350 crore and an offer-for-sale (OFS) of up to 90 lakh equity stocks by promoters Hardeep Singh and Surmeet Kaur.
At the upper end of the price band, the initial share-sale will fetch Rs 606.5 crore.
Proceeds from the fresh issuance worth Rs 50 crore will be used for debt payment, Rs 212.31 crore will be used in the company's wholly-owned subsidiary, IKIO Solutions, to set up a new facility at Noida, Uttar Pradesh, and for general corporate purposes.
The company said that half of the issue size has been reserved for qualified institutional buyers (QIBs), 35 per cent for retail investors a

LED lighting solution provider IKIO Lighting Ltd on Thursday said it has fixed a price band of Rs 270-285 per share for its Rs 606-crore initial public offering (IPO).

IKIO Lighting sets Rs 606-crore IPO price band at Rs 270-285/share

Apple's new stores in Delhi & Mumbai have grossed monthly sales of more than Rs 22-25 crore each. Industry experts have said that the figure is around twice the sale of an electronics store in India

Record-breaking sales: Apple's India stores reach Rs 25 cr monthly revenue mark

When you buy any item, you may pay for it using an appropriate currency note. But have you ever wondered what the cost of printing that currency note is? Watch the video to find out

Explained: How much does it cost to print rupees?

On 21st May, 2023, Bhanu Rekha, a young employee at Infosys, lost her life in a distressing incident caused by heavy rainfall. India's bustling tech capital, where infra deficiencies are rampant

Explained: How infra stress, bad roads are killing Brand Bengaluru

Maruti Suzuki (MS) is all set to bring its much-awaited, five-door off-roader Jimny into the market on June 7. Here's all you need to know about the new Gypsy.

Maruti Suzuki Jimny 2023 | All you need to know about the new Gypsy

In a recent run-off election, Recep Tayyip Erdogan emerged victorious securing another five-year term as the president of Turkey. 
Watch the video to know more about his challenges.

Turkey election 2023: Erdogan wins another term as president but challenges remain

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

From US to Australia, investors from 21 nations get angeltax exemption. Watch the video to dive into the details and explore what exactly this angel tax is all about.

21 nations get angel tax exemption. Here’s what this means

21 nations get angel tax exemption. Here's what this means

The Narendra Modi government completes 9 years in power. Here's a look at major events in these 9 years.

9 Years of PM Modi | A look at the major events

Did you know RBI under Raghuram Rajan floated the idea of introducing Rs 5,000 and Rs 10,000 notes in 2014?
Watch the video to know the tale of inflation, demonetisation, and counterfeiting concerns.

RBI's Rs 10,000 note proposal: Inflation, demonetisation, and counterfeiting worries

If you think 2000 rupee note was the highest denomination of Indian currency, time to get your facts checked! Watch the video to know more

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