The likely beneficiaries listed companies would be Titagarh rail , Jupiter wagon , Ramakrishna forgings,. Escorts Kubota has a railway division specialized in railway brakes, has been supplying railway brakes. However railway division of Escorts was to be sold to a German company called Knorr Bremese. Knorr Bremese is the world leader in modern railway brakes. knorr Bremese has been here in India too since decades. Wabco India is another company specialized in pneumatic brakes.
Posts in category All News
PM Modi says after 2024 polls, Congress will be termed Parasite, mocks LoP Rahul Gandhi (02-07-2024)
Prime Minister Narendra Modi criticised the Congress party as a "parasite" that thrives on its allies' votes and mocked Rahul Gandhi for his behavior in the Lok Sabha. Modi predicted that after the 2024 elections, Congress will be labeled a parasite for living off its allies' vote shares. He accused Congress of dividing the country based on language and highlighted their declining performance in various states. Modi compared Gandhi to an errant child trying to gain sympathy without revealing his own wrongdoings.
Third Eye: Enjoying staus quo, light on tea, high on work, and over-activism of new convert (02-07-2024)
Chirag Paswan, a prominent and eligible figure in Parliament, starred in a film with Kangana Ranaut. His single status has drawn attention, making him a notable personality in the Narendra Modi government.
War of words between Jagdeep Dhankhar and Mallikarjun Kharge (02-07-2024)
A confrontation in the Rajya Sabha between Chairman Jagdeep Dhankhar and Leader of Opposition Mallikarjun Kharge over Congress leader Pramod Tiwari's speech ended in a smoother session, allowing Pramod Tiwari to proceed with his address.
Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren’t Paying. (02-07-2024)
Millions of people are overdue on their federal loans or still have them paused — and court rulings keep upending collection efforts.
PM Modi suggests panel of NDA spokespersons for ‘united face’ on important issues (02-07-2024)
Prime Minister Narendra Modi proposed the creation of a panel of NDA spokespersons to ensure a unified front for alliance partners to address key issues. He highlighted the importance of maintaining decorum in parliamentary proceedings and unity among BJP-led ruling alliance MPs during the 18th Lok Sabha session. Modi criticised the opposition for their inability to accept his 'chaiwala' background and urged more regular meetings for NDA MPs.
Manipur situation similar to turmoil following India’s partition, says MP (02-07-2024)
Akoijam stirs Lok Sabha with Manipur crisis parallels to 1947 Partition. Urges BJP to address nationalism, PM to acknowledge state. Research insights shared, pain emphasized in joint session debate.
Investors subscribe Nephro Care India IPO by 716 times offer size (02-07-2024)
The initial public offering (IPO) of Nephro Care India was subscribed 715.85 times on Tuesday, helped by heavy participation from institutional investors.
The Rs 41.26 crore initial share sale received bids for 2,23,00,38,400 shares against 31,15,200 shares on offer.
The portion for non-institutional investors received 1,787.56 times subscription, the quota for retail individual investors subscribed 634.12 times, as per the NSE data.
Additionally, the quota for qualified institutional buyers received 245.14 times subscription, and employee portion was subscribed 20.44 times, bringing the overall subscription to 715.85 times.
The Kolkata-headquartered healthcare provider said on Friday raised Rs 11.14 crore from anchor investors.
The IPO comprises fresh issuance of 45.84 lakh equity shares.
Shares were available for public subscription in the range of Rs 85-90 per scrip.
The kidney care provider intends to utilise Rs 26.17 crore of the IPO proceeds for setting-up a multi-speciali
Lok Sabha results mark independence from communal politics: Akhilesh Yadav (02-07-2024)
During the Lok Sabha debate on the President's address, Senior Opposition MPs accused PM Narendra Modi and BJP of polarisation in the general elections, celebrating their enhanced tally as a rejection of BJP's politics and government's "vindictive politics". Akhilesh Yadav declared the elections marked freedom from communal politics and a victory for positive politics. Congress MP KC Venugopal criticized PM Modi for communal speeches and violating constitutional norms.
Adi-Nadir group buys out 12.5% in Godrej Industries from Rishad Naoroji (02-07-2024)
The Godrej family announced a settlement—according to which the Adi-Nadir and Jamshyd-Smita families would buy out each other’s stakes for zero consideration in each other’s companies. While the Adi and Nadir Godrej faction now known as Godrej Industries Group (GIG) controls Godrej Industries , Godrej Properties and Godrej Consumer Products, the Jamshyd Godrej family now Godrej Enterprises Group (GEG) controls unlisted Godrej and Boyce Mfg .