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How to exchange damaged or torn currency notes at banks?
short by Bhawana Chaudhary / on 17 Sep 2025,Wednesday
RBI classifies soiled, mutilated, and imperfect notes as damaged ones. Banks are required to accept them in most cases and exchange them for replacement, provided major features are intact. Damaged notes can be exchanged in any branch of commercial banks, cooperative banks, and even regional rural banks. For heavily mutilated notes, the case would be referred to RBI's adjudication process.
short by Bhawana Chaudhary / 08:12 pm on 17 Sep
Bilateral trade between India and Taiwan is expected to touch $12 billion in 2025, according to Taipei Economic and Cultural Center's Economic director, Yu-Chi Chen. Trade already hit a record $10.6 billion in 2024, with over 250 Taiwanese firms investing in India. Taiwan is pushing for an FTA with India to cut tariffs and boost competitiveness.
short by / 08:39 pm on 17 Sep
SBC Exports Limited received a work order worth ₹53,46,218 from the Institute of Company Secretaries of India (ICSI) for manpower supply. The six-month contract involves monthly payments and requires SBC Exports to ensure timely salary disbursement, EPF, ESI, and benefits. The order, awarded via NICSI under the Ministry of Electronics and IT, follows SEBI (LODR) 2015 norms.
short by / 09:01 pm on 17 Sep
iValue Infosolutions Limited IPO opens on September 18, 2025, with issue size of ₹560.29 crore through 100% OFS at ₹284–₹299 price band. The firm reported FY25 revenue of ₹923 crore, EBITDA of ₹129 crore (14% margin), and net profit of ₹85 crore. At ₹299, P/E is 18.7x. Strong sector outlook but weak cash flows.
short by / 09:33 pm on 17 Sep
Vdeal System Limited received a one-year rate contract worth ₹40.99 lakh from TP Northern Odisha Distribution Limited (TPNODL) for Low-Tension Distribution Boxes, valid till August 7, 2026. Earlier, it secured a ₹1.29 crore order from Blue Star for LT Panel and LT MCC Switch Board, scheduled for delivery by January 25, 2026. Both domestic orders support business growth and shareholder value.
short by / 09:39 pm on 17 Sep
Union Minister Jyotiraditya Scindia said CSR is key to bridging gaps in Northeast India, with a focus on infrastructure, livelihoods, and sustainability. At the North East CSR Connect 2025, leaders from Mizoram and Nagaland highlighted AI-based CSR platforms and skill development opportunities to transform communities, empower youth, and drive inclusive, long-term growth across the region.
short by / 09:02 pm on 17 Sep
Pidilite Industries Limited announced a 1:1 bonus issue of fully paid equity shares to mark the 101st Birth Anniversary of its founder, Shri BK Parekh. The company’s Board of Directors approved the bonus issue and fixed Tuesday, September 23, 2025, as the record date. Shareholders will receive 1 new equity share for every 1 held, at no additional cost.
short by / 09:07 pm on 17 Sep
On Wednesday, shares of Quality Power Electrical Equipments Ltd rose 6.15% to ₹994, hitting a 52-week high, compared to the previous close of ₹936.45. The company secured a domestic order worth ₹11.5 crore for reactors in a STATCOM project, to be executed within 12 months. Earlier, its step-down subsidiary, Endoks Enerji Anonim Şirketi, received international orders worth ₹75.19 crore.
short by / 09:18 pm on 17 Sep
Why does the credit score decline and how can it be fixed?
short by Bhawana Chaudhary / on 17 Sep 2025,Wednesday
A person's credit score can dip largely because of their transaction history. Main causes are delayed/missed payments, regular maxing out of credit cards, accumulation of too much credit at once and closure of open credit accounts. Credit score can be fixed through timely payments of bills, dues and EMIs, balance transfer of loans and avoidance of fresh credit inquiries.
short by Bhawana Chaudhary / 10:50 pm on 17 Sep
Pakka Ltd has secured a key approval as the Uttar Pradesh government’s Evaluation Committee recommended a ₹224.47 crore fiscal incentive package under the Industrial Investment and Employment Promotion Policy, 2022. The incentive, spread over 15 years from commercial production, awaits final cabinet approval, reducing project risk and supporting the progress of the Jagriti Project.
short by / 10:58 pm on 17 Sep
What is PM Vishwakarma Kaushal Samman Yojana?
short by / on 17 Sep 2025,Wednesday
The MSME Ministry’s scheme supports traditional artisans, craftspeople, and manual workers, especially from underprivileged backgrounds. It offers two training levels with daily stipends, tool-kit e-vouchers, marketing help, and collateral-free loans. The initiative aims to improve income, productivity, market access, and provide formal recognition for traditional skills and livelihoods.
short by / 07:16 pm on 17 Sep
A new S&P Global India Research report says India remains the world's fastest-growing major economy despite global shocks. GDP is forecast to grow 6.5% in FY26, driven by reforms, infrastructure, and private credit expansion. Rising digital demand, EV adoption, shipbuilding potential, and energy reforms further highlight India's strong long-term growth trajectory.
short by / 08:44 pm on 17 Sep
KKV Agro Powers Ltd’s Board has approved a 1:10 bonus issue, granting shareholders 1 new fully paid-up equity share of ₹10 each for every 10 shares held. A total of 56,687 shares will be issued from the Securities Premium Account of ₹8,75,36,644. Paid-up capital rises from ₹56,68,750 (5,66,875 shares) to ₹62,35,620 (6,23,562 shares). Record date is Sept 26, 2025.
short by / 09:21 pm on 17 Sep
Shares of Premier Explosives Ltd rose 14.2% to ₹624.15 from ₹546.55 with trading volumes spiking over 8 times on the BSE. India Ratings assigned IND A-/Stable for long-term loans of ₹327 crore and IND A2+ for short-term. Telangana Pollution Control Board (TGPCB) revoked its factory closure order. The company also won a ₹7.83 crore defence supply order.
short by / 09:36 pm on 17 Sep
Union Commerce Minister Piyush Goyal begins a two-day UAE visit on September 18 to co-chair the 13th India-UAE High Level Task Force on Investments with Managing Director of the ADIA, Sheikh Hamed bin Zayed. Talks will review CEPA progress, taxation treaties, and central bank matters, while exploring new investment in maritime, space, and non-oil sectors to strengthen bilateral trade ties.
short by / 11:04 pm on 17 Sep
A cement company through CSR is empowering rural youth in Jharia, Dhanbad, through industry-relevant skills training. Avinash Singh, a 21-year-old turned adversity into opportunity after completing Assistant Electrician course at Skill Development Centre in 2024. By investing in talent and entrepreneurship, the company through its CSR is enabling self-reliance and economic stability.
short by / 06:20 pm on 17 Sep
RailTel Corporation of India Ltd has received a Letter of Acceptance from Bihar State Educational Infrastructure Development Corporation Ltd for a ₹57.48 crore domestic project. The contract involves setting up hybrid Smart Classrooms and ICT Labs in colleges and universities under the PM-USHA Scheme, with a supply order completion deadline of March 16, 2026.
short by / 11:00 pm on 17 Sep
Performance marketing relies on precise targeting, but success equally depends on the quality of content and creatives. Clear messaging, strong visuals, and data-backed storytelling improve click-through and conversion rates. Iterative testing of ad formats, video content, and design elements ensures campaign relevance. Balancing creativity with analytics drives efficient ROI across platforms.
short by / 06:19 pm on 17 Sep
Generative engine optimisation focuses on improving content visibility in AI-driven search and recommendation systems. Key metrics include response relevance, engagement rate, and conversion impact. Tools analyse prompt performance, track variations in AI outputs, and refine content structure. Businesses must adapt to GEO as LLMs increasingly mediate how users discover and interact.
short by / 06:18 pm on 17 Sep
Accel's ₹14 cr bet in Urban Company turns into ₹390 cr after IPO
short by Bhawana Chaudhary / on 17 Sep 2025,Wednesday
Accel, a Silicon Valley venture capital firm, has made 27x return as its initial ₹14-crore investment into Urban Company turned into ₹390 crore. This comes after Urban Company shares listed at 57% premium after a ₹1,900-crore IPO. Accel had invested a total of ₹55 crore, giving it 14.56 crore shares. At current valuation, the firm's stake was over ₹1,500 crore.
short by Bhawana Chaudhary / 07:50 pm on 17 Sep
How has the Indian market performed under PM Modi so far?
short by Medhaa Gupta / on 17 Sep 2025,Wednesday
Sensex has surged over 230% since PM Narendra Modi, who turned 75 years old on Wednesday, took office in May 2014 and nearly touched the 86,000-mark in September 2024. As per a market research analyst, the market rally is due to FDI inflows, consumption growth, banking sector reset, digital adoption, strong corporate earnings and PM Modi-led government's stable policy.
short by Medhaa Gupta / 10:13 pm on 17 Sep
Amazon invests over $1 billion to raise pay, lower healthcare cost
short by Ishita Ranganath / on 17 Sep 2025,Wednesday
Amazon announced that it is investing more than $1 billion to raise employee pay and lower healthcare costs for US fulfilment and transportation employees. This would push up average total compensation to over $30/hour, including benefits. Further, the average pay would increase to over $23 per hour, and full-time employees will see pay increase by $1,600/year, on average, said Amazon.
short by Ishita Ranganath / 10:39 pm on 17 Sep
Nestlé Chairman Paul Bulcke to step down early after CEO’s ouster
short by Ishita Ranganath / on 17 Sep 2025,Wednesday
Nestlé Chairman Paul Bulcke will be stepping down early from his position after investors questioned his handling of the ouster of the food company’s former CEO. Pablo Isla, who had been due to succeed Bulcke next year, will take over on October 1, 2025. The ex-CEO was ousted due to an undisclosed romantic relationship with a subordinate.
short by Ishita Ranganath / 07:27 pm on 17 Sep
Man Utd post sixth straight annual loss, forecast revenue dip
short by Pravel Jain / on 17 Sep 2025,Wednesday
Manchester United reported an annual net loss for the sixth straight year on Wednesday and forecast lower revenue for the current fiscal year. The club posted a £33 million (over ₹395 crore) loss for the year ended June 30, down from £113.2 million (over ₹1,357 crore) last year. It expects revenue between £640–£660 million, compared to £666.5 million previously.
short by Pravel Jain / 08:19 pm on 17 Sep
SEBI settles 2 insider trading cases involving Adani shares
short by Ishita Ranganath / on 17 Sep 2025,Wednesday
SEBI passed settlement orders in two cases involving insider trading, which has been linked to Adani Group shares by Ajay Bhatia and Supreet Singh Luthra. Bhatia agreed to settle charges by paying ₹1.04 crore and disgorgement of ₹55.34 lakh in unlawful gains. SEBI previously accused Bhatia of receiving unpublished price sensitive information (UPSI) from insiders and passing it to Luthra.
short by Ishita Ranganath / 08:21 pm on 17 Sep
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