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By Gurleen Bajwa , 3 May 2025
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The Untold Story of Rajesh Khanna, Anju Mahendru, and the Golden Age of Bollywood: A Deep Dive into the Turbulent Love Triangle

The world of Bollywood has always been wrapped in glitz and glamour, but behind the famous faces and iconic on-screen romances lie complex human stories that are often left untold. One such story involves veteran actress Mumtaz, whose relationship with the legendary Rajesh Khanna was marked by moments of both warmth and heartache. In a candid conversation, Mumtaz revealed untold truths about Khanna’s relationships, particularly his enduring bond with Anju Mahendru, a woman who played a pivotal role in the superstar’s life.

Tags

  • Bollywood
  • Indian Celebrities
By Vinod Pathak , 3 May 2025
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Gland Pharma Gains USFDA Approval for Generic Glaucoma Medication, Faces Stock Market Volatility

Gland Pharma has secured approval from the U.S. Food and Drug Administration (USFDA) for its generic version of Latanoprostene Bunod Ophthalmic Solution, used to treat elevated eye pressure in glaucoma patients. The company will benefit from 180 days of exclusivity for this product in the U.S. market. Despite this positive regulatory milestone, Gland Pharma's stock saw a modest decline of 1.04%, closing at Rs. 1,398.35. The product is estimated to generate approximately USD 171 million in U.S. sales for the year ending February 2025, underscoring its commercial potential.

Tags

  • Pharmaceutical
  • Business
  • USFDA
By Shilpa Reddy , 3 May 2025
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NSE Unveils Nifty Waves Index to Showcase Growth in India’s Media, Entertainment, and Gaming Sector

The National Stock Exchange (NSE) has launched the Nifty Waves Index, which tracks the performance of 43 listed companies within India’s rapidly evolving media, entertainment, and gaming sectors. This innovative index provides a comprehensive look at one of the country's most dynamic industries, spanning film, television, digital platforms, and gaming. With a base value of 1,000 and a semi-annual reconstitution, the Nifty Waves Index is designed to give investors and analysts a clear benchmark for assessing the potential of India's creative economy.

Tags

  • Stock Markets
  • NSE
By Vinod Pathak , 3 May 2025
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Sensex Rises Amid Trade Optimism and Record GST Collection, but Volatility Persists

Indian equity markets closed higher on Friday, bolstered by record Goods and Services Tax (GST) collections, encouraging macroeconomic indicators, and continued foreign investment inflows. The BSE Sensex climbed 259.75 points to close at 80,501.99, following a sharp intra-day rally driven by optimism over a possible India-U.S. trade agreement. However, profit-booking and global uncertainties trimmed gains by the session’s end. The NSE Nifty posted a modest increase of 12.50 points.

Tags

  • Stock Markets
  • Automobiles
  • Energy
By Aseem Mehta , 3 May 2025
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Goa Sees 10.5% Increase in Tourist Arrivals, Thanks to Strategic Tourism Initiatives

Goa has experienced a 10.5% growth in tourist arrivals during the first quarter of 2025, driven by strategic outreach, partnership initiatives, and improved international connectivity. The state welcomed 28,51,554 visitors between January and March 2025, compared to 25,80,155 in the same period the previous year. Goa's tourism department has attributed this growth to a targeted marketing approach focusing on both traditional and emerging markets. Minister Rohan A.

Tags

  • Tourism
  • Economy
By Vrinda Chaturvedi , 2 May 2025
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Prestige Estates Unveils Ambitious Rs 12,000 Crore Housing Project in Delhi-NCR

Prestige Estates Projects Ltd, a dominant player in India’s real estate sector, has announced the launch of its inaugural housing project in the National Capital Region (NCR), located in Ghaziabad, Uttar Pradesh. This significant development, named The Prestige City-Indirapuram, is poised to generate a revenue potential of Rs 12,000 crore. The project aims to capitalize on the strong consumer demand in NCR’s fast-growing residential market.

Tags

  • Real Estate
  • Business
By Vinod Pathak , 2 May 2025
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JSW Infrastructure Reports Decline in Q4 Profit Despite Increase in Cargo Volumes

JSW Infrastructure has announced a 19% drop in standalone profit for the March quarter, with a reported profit of Rs. 84.86 crore, compared to Rs. 104.70 crore in the same period last year. The decline is attributed to lower income, despite an increase in cargo volumes, which rose 5% year-on-year. The company also saw a boost in third-party volumes, which grew by 11%. While cargo performance at coal terminals showed strength, reduced volumes at the iron ore terminal impacted the overall growth.

Tags

  • Infrastructure
  • Business
By Shilpa Reddy , 2 May 2025
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Indian Oil Corporation Secures Multi-Billion Dollar LNG Deal to Meet Growing Energy Demand

Indian Oil Corporation (IOC) has solidified a strategic partnership with global energy trader Trafigura, finalizing a deal worth between USD 1.3 billion and USD 1.4 billion to procure 2.5 million tonnes of liquefied natural gas (LNG). This agreement aims to address the rising energy demands in India, where gas consumption is growing rapidly across various sectors. Alongside this agreement, IOC has secured additional LNG supply contracts, further diversifying its energy portfolio.

Tags

  • Business
  • Energy
By Keshav Kulshrestha , 2 May 2025
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SEBI Proposes Expanded Demat Requirement for Pre-IPO Shareholders to Streamline Market Processes

The Securities and Exchange Board of India (SEBI) has introduced a proposal to require select pre-IPO shareholders, including directors, key managerial personnel (KMPs), and employees, to hold their shares in dematerialized (demat) form before filing an initial public offering (IPO) document. This initiative, aimed at addressing inefficiencies and risks related to physical share certificates, seeks to prevent loss, theft, forgery, and delays.

Tags

  • IPO Watch
  • SEBI
By Gurleen Bajwa , 2 May 2025
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Aikyam Capital Management Secures Rs 105 Cr for Maiden Stressed Assets Fund, Eyes Rs 500 Cr Target

Aikyam Capital Management LLP, a specialized alternative investment firm, has successfully completed the first close of its inaugural Aikyam Capital Stressed Assets Fund I, with investor commitments amounting to Rs 105 crore. The fund, designed as a Category I Special Situation Fund (SSF), has a target corpus of Rs 300 crore, with an additional Rs 200 crore green shoe option, allowing for a potential total fund size of Rs 500 crore.

Tags

  • Business

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