Saturday, October 03
Guwahati: IndiGo will start new routes to connect Assam's cities with major hubs of the country, said Assam Chief Minister Himanta Biswa Sarma. He added that the long-standing demand for a Jorhat-Delhi route will also be fulfilled from 20th September."Good news for Assam's Air Travellers! Post my discussion with the Indigo management, the airline will start new routes to connect Assam's cities with major hubs of the country," Sarma said in a post on X."The long-standing demand of a Jorhat-Delhi route will also be fulfilled from 20th September," he added.On Monday, IndiGo announced it will operate direct flights between Delhi and Jorhat in Assam (four times in a week) from September 20, 2025, and daily direct flights connecting the national capital to Tiruchirappalli, Tamil Nadu, from Septe
Home-grown Allied Blenders and Distillers Ltd (ABDL) is broadening its portfolio in the super-premium to luxury categories, with its 'build, buy and partner' strategy as part of its global ambitions, according to the company's latest annual report."We will continue to broaden our portfolio through this strategy, enhance consumer experiences and reinforce the Indian brand footprint in export markets," its Chairman Kishore R Chhabria said while addressing the shareholders of the company.The market landscape now presents 'significant opportunities' driven by a growing demand for premium offerings."This trend of premiumisation is reshaping the entire value chain from innovative product launches and enhanced retail visibility to exciting customer experiences," he said, adding that this "present
India’s largest retail brokerage Zerodha has launched a dedicated initiative to assist investors in converting old physical share certificates into digital demat format, even if they are not Zerodha customers. The move comes amid rising concerns about stranded legacy investments, especially those inherited through family holdings.Zerodha co-founder Nithin Kamath announced the initiative on social media, stating that the company receives numerous queries from individuals who have stumbled upon physical share certificates belonging to their parents or grandparents."We often hear stories from investors... discovering certificates that belonged to their parents or grandparents," Kamath said.Today, Sebi no longer permits the transfer of physical shares, except in specific cases like inheritan
State-owned Punjab National Bank on Tuesday said it has sold its entire 21 per cent stake in India SME Asset Reconstruction Company Limited (ISARC) for Rs 34 crore. In March, the Reserve Bank of India had granted approval for change in sponsor of the asset reconstruction company and equity raise from Authum Investment and Infrastructure Ltd, PNB said in a regulatory filing. The bank has completed the sale of a 20.90 per cent stake on Tuesday, it said. It sold 2.09 crore shares of the asset reconstruction company for Rs 16.29 per share, aggregating Rs 34.04 crore. The bank had entered into a definitive agreement to sell its entire stake in ISARC in May. For the financial year ended March 31, 2025, ISARC had earned a net profit of Rs 19.79 crore with a total income of Rs 36.4 crore. Prior to
