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HinduBusinessLine
15h
54
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Of the 3 IPOs, Senores Pharma steals limelight with 93.4x bids
- Senores Pharmaceuticals IPO garnered bids of 79.72 crore shares, oversubscribed by 93.4 times.
- Ventive Hospitality's IPO received bids for 14.14 crore shares, oversubscribed by 9.08 times for QIBs.
- Carraro India's IPO received bids of 1.46 crore shares, undersubscribed by retail investors and NIIs.
- QIB window of Carraro India's IPO witnessed a subscription of 2.21 times with a price band of ₹668-704.
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Bloomberg Quint
15h
311
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American Air Says Christmas Eve Delays Caused By Tech Glitch
- American Airlines experienced a brief groundstop on all US flights on Christmas Eve due to a technical vendor glitch.
- The groundstop lasted about one hour and has been resolved, with flights resuming.
- The airline apologized for the inconvenience and assured customers that their team is working diligently to minimize delays.
- No information was provided regarding expected delays or other potential impacts.
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HinduBusinessLine
15h
18
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DGCA fines Akasa Air ₹10 lakh for violating compensation rule
- The Directorate General of Civil Aviation (DGCA) has fined Akasa Air ₹10 lakh for violating compensation rules.
- The airline denied boarding to seven passengers due to unserviceable seats.
- Passengers were accommodated on an IndiGo flight with a delay of over an hour.
- Akasa Air was issued a show-cause notice and failed to provide satisfactory response.
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Bloomberg Quint
15h
43
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Trai To Soon Issue Recommendations On Satellite Spectrum Allocation: Trai Chairman
- The Telecom Regulatory Authority of India (Trai) is expected to issue its recommendations on satellite spectrum allocation soon.
- Following the release of Trai's recommendations, the government will assess them and make a decision on allocating spectrum to satellite communication companies.
- Telecom giants prefer satellite spectrum to be allocated through auctions, while satellite communication companies advocate for administrative allocation of the spectrum.
- The upcoming recommendations are expected to pave the way for satellite-based broadband services in the country, balancing the interests of both traditional telecom operators and satellite communication providers.
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Coinpedia
16h
271
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Wall Street Pepe Presale Nears $35M as Trader Predicts 200x Gains
- Wall Street Pepe ($WEPE) is nearing $35 million in total raised in its presale.
- Prominent meme coin trader Murad predicts up to 200x growth for the best meme coins.
- Wall Street Pepe aims to lead the meme coin sector by delivering real utility.
- Investors can buy $WEPE at a price of $0.0003653 during the ICO.
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Bloomberg Quint
16h
285
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DGCA Fines Akasa Air Rs 10 Lakh For Failing To Compensate Passengers Denied Boarding
- The Directorate General of Civil Aviation has fined Akasa Air Rs 10 lakh for failing to compensate passengers who were denied boarding.
- The action was taken against Akasa Air for the denial of boarding of seven passengers on a flight from Bangalore to Pune on Sept. 6.
- The replacement aircraft had nine non-operational seats, leading to the denial of boarding for seven passengers.
- The airline failed to comply with DGCA norms regarding compensation for denied boarding.
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Coinpedia
16h
80
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Top Cheap Coins Gaining Attention This Week – Don’t Overlook These
- Low-cost cryptocurrencies that are gaining momentum, with potential to grow significantly are discussed in this article. XYZ is a new coin created for sports fans and is poised to grow by 9900%, far surpassing competitors. JasmyCoin (JASMY) is a cryptocurrency designed for IoT and blockchain providers. Kaspa (KAS) is a proof-of-work cryptocurrency that implements GHOSTDAG and aims to address scalability issues in proof-of-work cryptocurrencies. TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and aimed at content creators. These coins may be attractive options for users and developers interested in affordable and undervalued digital currencies.
- XYZ is an affordable coin for sports fans that may outperform rivals with potentials for thousand-fold returns. JasmyCoin (JASMY) aims to restore and protect individual data sovereignty and promote services while respecting data ownership. Kaspa (KAS) addresses scalability issues in proof-of-work cryptocurrencies by allowing multiple blocks created in parallel to coexist forming a blockDAG. TRON (TRX) empowers content creators and provides tools for building a decentralized Internet. These low-cost coins are undervalued digital currencies yet to reach their full potentials.
- XYZ is a new all-sports memecoin poised for massive growth with a community-driven ecosystem, a rock-solid defense in the form of audited smart contracts, a fully vetted team, and potential for 20,000% growth. JasmyCoin (JASMY) connects service providers and data users using edge computing and storing data on the InterPlanetary File System (IPFS), promoting services while respecting data ownership. Kaspa (KAS) uses the GHOSTDAG protocol and aims to address scalability issues with goals to increase to 100 blocks per second. TRON (TRX) aims to help content makers receive more rewards by allowing consumers to compensate them directly, without intermediaries like YouTube or Facebook.
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Bloomberg Quint
16h
54
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MOSPI Invites Comments On Freely Distributed Food Being Included In Retail Inflation
- The Ministry of Statistics and Programme Implementation is seeking public comments on including freely distributed food in the calculation of retail inflation.
- The ministry is revising the base year for the Consumer Price Index (CPI) calculation and considering how to address the freely distributed Public Distribution System (PDS) items in the CPI compilation.
- This is part of an ongoing debate on including food prices in retail inflation calculations, sparked by the release of the pre-budget Economic Survey.
- The ministry is also considering three methods to deal with cases where the price of social security transfers decreases or increases during CPI calculation, including adjusting the weight or redistributing it among other items within the CPI basket.
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HinduBusinessLine
16h
80
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PROchure : Avail your Christmas GIFT !
- PROchure is a trademark-registered brand in India, dedicated to promoting business brands, professional consultants, and service providers.
- PROchure is a subscription-based app that allows users to create profiles with contact information, portfolios, and catalogs.
- The app covers over 500 categories of professional services and products, and Vipar will advertise PROchure through print and digital campaigns.
- The current subscription fee for PROchure is Rs 5,000 for one year.
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TronWeekly
16h
223
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Polygon’s Meme Coin Revolution: $10 Goal Surpassing ADA and DOGE Gains
- Polygon is linked to a meme coin aiming for an ambitious $10 target that hints at surpassing the impressive gains of major coins like Cardano and Dogecoin.
- A new player is shaking up the cryptocurrency market.
- $XYZ is the first-ever all-sports memecoins that is aimed at providing true crypto degens with 1000X profits for those who thrive on the thrill of competition.
- Cardano's price fell by 20.80% in the past week, a short-term decline.
- Dogecoin has seen significant shifts in its price recently, with a decrease of 24.51% in the past week.
- $XYZ's pre-sale has soared over 1000% in just two months, targeting a mind-blowing 99,900% surge.
- Fueled by the sports mentality, the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission.
- If ADA’s price can overcome the nearest resistance level at $1.28, it could target the second resistance at $1.64.
- $XYZ is aiming to reach $0.1 from launch to the token generation event, targeting a mind-blowing 99,900% surge.
- While ADA and DOGE show promise, XYZVerse (XYZ) stands out as a pioneering sports memecoin aiming for significant growth in the ongoing 2024 bull run.
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Coinpedia
16h
300
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Chainlink and Avalanche Decline as Investors Turn Toward 25,000% Growth Potential in Dogen
- Investors are turning towards Dogen, an emerging cryptocurrency, as established cryptocurrencies like Chainlink and Avalanche experience declines.
- Dogen is attracting investors with its potential for massive growth and promises of 500% surge in price.
- The recent US election results and the support of Donald Trump and Elon Musk have fueled the rise of meme coins, including Dogecoin (DOGE) and Dogen.
- Dogen has a strong and engaged community, a unique multi-level referral program, and expects 700% growth by the end of its presale.
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Bloomberg Quint
16h
73
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RBI Bulletin: FY25 State Sops To Divert Resources From Social, Economic Development
- State sops announced in the current financial year's budget may divert resources away from critical social and economic infrastructure development, according to the RBI's December bulletin.
- The RBI staff paper highlights sops such as free electricity, free transport, allowances to unemployed youth, and monetary assistance to women, suggesting the need for review.
- Rationalization of centrally sponsored schemes is recommended by the RBI to make room for more productive expenditure.
- The bulletin emphasizes the importance of freeing up resources for increased investment in health, education, agriculture, research and development, and rural infrastructure.
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Crypto-News-Flash
16h
176
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Wall Street Analyst Predicts Swift Recovery for XRP But Predicts SUI and DTX Exchange Are Next Top 10 Cryptos
- Ripple's XRP is expected to make a swift recovery following minor corrections in the network.
- DTX Exchange (DTX) and SUI are attracting investors with strong performance indicators.
- Ripple's RLUSD stablecoin launch has boosted XRP's price and investor confidence.
- DTX Exchange (DTX) is predicted to experience significant growth in the coming months.
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HinduBusinessLine
16h
311
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Unincorporated establishments grew by around 23% in 2023-24, jobs registered 10% rise
- Unincorporated establishments grew by around 23% in 2023-24.
- The rise in women entrepreneurs reflects the success of schemes such as Start-Up and Stand Up.
- The total number of establishments in the sector increased to 7.34 crore.
- The sector employed more than 12 crore workers, marking robust labour market growth.
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HinduBusinessLine
16h
355
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National power committee calls for more representation of RE companies
- The National Power Committee (NPC) has called for more representation of renewable energy (RE) companies in regional power committees (RPCs).
- The NPC emphasized the need to expand the RPC membership to include more RE/key players, given the growing capacity of renewable energy.
- The inclusion of Adani Green and Inox Green in the western region was seen as a step in the right direction, but representation still remains inadequate.
- The NPC also discussed amendments to its functions, including the preparation of National Energy Account and the establishment of sub-committees and task forces for efficient functioning.
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