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HinduBusinessLine
2w
191
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10 killed & 5 injured as bridge over Mahi river collapses in Gujarat
- 10 people were killed and 5 injured when a bridge over the Mahi river in Gujarat collapsed, with vehicles falling into the river.
- Among the casualties, three belonged to the same family, including two children. Two trucks, one pick-up van, one car, and one autorickshaw were among the vehicles involved.
- Authorities diverted traffic, and the Gujarat government ordered an inquiry into the incident. Chief Minister Bhupendra Patel announced compensations for the victims' families and the injured.
- The collapse occurred shortly after a meeting where the CM emphasized the need for timely repairs to roads and bridges. This incident follows a previous bridge collapse in Gujarat that claimed 141 lives.
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Bloomberg Quint
2w
610
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KEI Industries — PL Capital's Top Stock Pick In Consumer Durable Sector; Q1 Results Preview
- PL Capital maintains a positive view on W&C companies in the consumer durable sector due to factors like healthy domestic demand and expanding market opportunities.
- Consumer durables' exports are anticipated to remain flat in Q1 FY26.
- PL Capital expects KEI Industries and Polycab to outperform, with Voltas likely to underperform in sales. Polycab and RR Kabel are expected to outperform in terms of profitability.
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Crypto-News-Flash
2w
426
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Ethereum (ETH), Ripple (XRP) Shine With Bullish Q3 Forecasts, But Traders Are Choosing This Coin Under $0.002
- Ethereum (ETH) and Ripple (XRP) are gearing up for a robust Q3 with optimistic forecasts and growing market confidence.
- Traders are showing increased interest in Little Pepe ($LILPEPE), a meme coin priced below $0.002, due to its real blockchain utility and strong presale performance.
- Little Pepe operates on an Ethereum-compatible Layer 2 network, offering features like low fees, high speed, and advanced functionalities.
- The project includes utilities like staking rewards, zero trading tax, sniper bot protection, and plans for NFT integration and cross-chain compatibility.
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25 Likes
TheNewsCrypto
2w
296
MOVE Token Struggles to Reclaim Its High—Ozak AI’s $1 Target Looks Closer Than Ever
- MOVE token, the native token of the Movement Network, is struggling to break the $1 mark despite heavyweight backers and technical indicators signaling bearish trends.
- Ozak AI's $OZ token is gaining massive attention and investment in its presale, with over $1.31 million already raised in stage 4 at a price of $0.005.
- Ozak AI combines AI and decentralized data infrastructure to offer real-time predictive analytics, gaining popularity among investors and setting ambitious targets, including a long-term goal of $1.
- Investor sentiment towards Ozak AI is extremely bullish, with high demand seen in presale phases and excitement over the project's solid technology and transparent operations.
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HinduBusinessLine
2w
241
Image Credit: HinduBusinessLine
Crizac jumps 25% on Day 1 of listing
- Crizac's shares surged 25% on its first day of listing following an IPO that saw massive investor interest.
- The B2B education platform's ₹860-crore IPO was oversubscribed at 59.8 times, with subscriptions from various investor categories.
- Non-institutional and qualified institutional buyers showed strong interest, with subscription rates of 76.15 times and 134.35 times, respectively.
- Despite the success of the IPO, Crizac continues its operations in India and London, collaborating with global institutions of higher education.
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Bloomberg Quint
2w
627
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Real Estate Investment: Returns Higher In Metro Or Tier-2 Cities? What Magicbricks Report Says
- Tier-II cities have outperformed metropolitan cities in real estate appreciation, with an average capital appreciation of 17.6% surpassing Delhi's 15.7%, as per Magicbricks report.
- North Indian cities like Kanpur and Lucknow lead in year-on-year capital appreciation at 24.53% and 22.61% respectively, attributed to high demand and affordable rates.
- Factors supporting real estate investments in Tier-II cities include extensive infrastructure development, affordability, rising demand for quality housing, economic and industrial expansion, and reverse migration.
- The trend towards Tier-II cities is driven by improvements in infrastructure, industrial investments, and a preference for better quality of life, marking a shift in India's real estate landscape.
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Bloomberg Quint
2w
764
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Enviro Infra Engineers, AltoraPro Joint Venture Bags Project Worth Rs 396 Crore
- A joint venture of Enviro Infra Engineers Ltd. and AltoraPro Infrastructure Pvt. has been awarded a project worth Rs 395.5 crore by the Maharashtra Industrial Development Corp for pollution control measures.
- The project includes upgradation of common effluent treatment plants with zero liquid discharge in industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district.
- The project involves design, construction, commissioning, and maintenance of CETPs and is expected to be completed within 24 months.
- Enviro Infra's stock rose by 5.11% on the news, closing at Rs 241.18 apiece on the NSE, with a 16.47% rise in the last 12 months but a 22.67% fall year-to-date.
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HinduBusinessLine
2w
1.1k
Image Credit: HinduBusinessLine
India has proven to be a viable hub for exports: Cisco CEO
- Cisco CEO believes India will experience significant growth over the next 5-10 years and plans to increase presence in the country.
- Adapting to supply chain challenges in India due to uncertainty regarding tariffs is a concern for CEOs investing in the region.
- Cisco is focusing on the data centre business in India, aiming to capitalize on the emerging market for AI workloads.
- Cisco is actively involved in projects like BharatNet and plans to introduce new portfolio offerings in India, including AI defence capabilities and zero-trust networking.
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Bloomberg Quint
2w
236
Image Credit: Bloomberg Quint
BSE Celebrates 150 Years: A Look At The Journey Of Asia’s Oldest Stock Exchange
- BSE, Asia's oldest stock exchange, celebrated its 150th anniversary, tracing its origins back to 1875 when it operated under a banyan tree in South Mumbai.
- Founded by Premchand Roychand, known as the 'cotton king' of Bombay, BSE evolved over the years and gained recognition under the Securities Contracts (Regulation) Act in 1957.
- The launch of the S&P BSE Sensex in 1986 marked a significant milestone for BSE, which has now seen the Sensex surpassing 82,000 points.
- With a market capitalization of over Rs 462.48 lakh crore and 5,671 listed companies, BSE continues to be a prominent player in India's capital markets.
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Moneyweb
2w
21
FSCA beefs up to take down online scams
- South Africa's Financial Sector Conduct Authority is allocating R200 million to enhance its capabilities in combating online scams.
- The investment will focus on strengthening monitoring, enforcement, and recruiting experts, particularly in crypto supervision, to combat crypto-related scams.
- South Africa has seen a significant increase in online scams, with the FSCA aiming to increase its staff to the mid-700s to address the rising challenges.
- Despite a decline in fines imposed compared to the previous year, the FSCA views its enforcement actions as successful, serving as a deterrent to fraudulent activities.
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Crypto-News-Flash
2w
148
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Dogecoin Did It First—Can FloppyPEPE Be the Next 100x Meme Coin?
- Dogecoin made headlines with its meme-fueled surge in value, lacking real utility but driven by sentiment and viral influence.
- Investors are now favoring meme coins with actual product offerings over pure memes, creating an opportunity for coins like FloppyPEPE.
- FloppyPEPE stands out by blending viral marketing with practical tools for meme creation and sharing, attracting attention for its unique approach.
- With a focus on building a robust ecosystem and community involvement, FloppyPEPE aims to leverage the evolving meme-fi landscape, potentially offering a 100x return for early investors.
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8 Likes
Medium
2w
313
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How to Use ChatGPT to Build a Profitable Newsletter Business
- ChatGPT can assist in building a profitable newsletter business by generating topic ideas, writing issue drafts, and refining brand voice.
- Choosing the right niche is crucial for success in newsletters. ChatGPT can help brainstorm profitable angles based on interests and audience demand.
- By feeding the AI audience niche, content style, and desired tone, ChatGPT can produce tailored content at scale, eliminating writer's block.
- Whether it's a weekly productivity digest, a daily crypto news roundup, or niche guides, ChatGPT offers assistance in creating consistent, high-quality content for newsletters.
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Bloomberg Quint
2w
344
Image Credit: Bloomberg Quint
Gold Extends Drop As Extended US Negotiations Ease Trade Fears
- Gold extended its decline as President Donald Trump confirmed the new August deadline for reciprocal tariffs, easing trade fears.
- The delay in enforcement of Liberation Day duties has allowed for extended negotiations, reducing concerns about global trade disruptions.
- Gold prices fell by 0.5% to around $3,285 an ounce, following a 1% loss in the previous session.
- The decline in gold prices has been influenced by higher US Treasury yields and reduced bets on Federal Reserve interest-rate cuts.
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Mensjournal
2w
416
Award-Winning Restaurant Closing Permanently After 13 Years
- The award-winning restaurant, The Whale Wins, located in Seattle, Washington, is set to permanently close on October 28.
- Chef and co-founder, Renee Erickson, mentioned rising costs and declining sales as the primary reasons for not renewing the lease.
- Despite critical acclaim and winning the James Beard Award, the restaurant has been losing money for years, leading to its closure.
- The closure of The Whale Wins is part of a series of setbacks for the restaurant group, including temporary closures and permanent shut down of other establishments.
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Moneyweb
2w
383
South African parliament denies request to debate police claims
- South Africa’s parliamentary Speaker Thoko Didiza denied a request to debate allegations of police minister and officials interfering in an investigation into political assassinations.
- Didiza has referred the claims to relevant committees for urgent consideration and a report back to the National Assembly.
- The Democratic Alliance and ActionSA called for a debate on police corruption after Police Commissioner Nhlanhla Mkhwanazi accused minister Senzo Mchunu of misconduct.
- Parliament indicated that holding a debate would be premature as the allegations are currently unsubstantiated.
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