India's spiritual tourism industry is evolving, with a significant increase in demand from younger generations seeking deeper meaning and immersive cultural experiences. Thomas Cook (India) has recognized this trend and curated its Pilgrimage Plus portfolio, which includes adventure and local experiences combined with spiritual visits. This trend is not limited to India's metros, as tier 2 and 3 cities are also contributing to the growth of spiritual tourism and leading to longer travel durations and higher-value bookings.
As the stock market opens today, investors will be keeping a close eye on the actions of the Reserve Bank of India and the Supreme Court. RBI's announcement of a ₹50,000 crore OMO (open market operation) as well as the Supreme Court's hearing on the highly debated GST case involving online gaming will significantly impact market movement. Stay updated on these crucial triggers and their effects on stock prices with Stock In News.
Ather Energy, the electric vehicle startup, recently listed at a premium of 2.18% and investors are eager to know the company's future plans. In an exclusive conversation with Zee Business, Ather Energy's co-founder, ED & CTO, Swapnil Jain and CFO, Sohil Parekh reveal the company's future strategies and investments. Ather Energy plans to use the funds raised from its IPO for expanding its manufacturing facilities, R&D efforts, and increasing its footprint in the Indian electric vehicle market. Don't miss this insightful interview for a deep dive into Ather Energy's plans and vision.
After a successful initial public offering, electric two-wheeler maker Ather Energy Ltd listed its shares on the BSE with a premium of 2% over the issue price of Rs 321. However, analysts are cautioning risk-taking investors to hold their positions, citing intense competition and capital risks in the electric two-wheeler market. With a high growth-high competition-high cash burning segment, volatility and risk are expected for short- to medium-term investments in Ather Energy. The company's IPO was subscribed 1.43 times on the closing day, and its market valuation currently stands at Rs 12,110.53 crore.
After moving to a larger space in November, Beyond Boundaries Therapy and Wellness is inviting the public to a free event this Saturday, May 3, to showcase their new location. The clinic will be offering various occupational, physical, and speech therapy services, as well as wellness services for the whole family. Visitors can also participate in fun activities while learning more about the clinic's programs. President and CEO, LaDonna Bannach, hopes the new space will make it easier for families to access different areas of wellness.
The Minister of Investment, Trade and Industry, Datuk Seri Tengku Zafrul Abdul Aziz announced that from tomorrow, the Ministry of Investment, Trade and Industry (Miti) will have full control over Non-Preferential Certificates of Origin (NPCO) for exports to the US. This is to prevent other countries from using Malaysia as a transhipment point to circumvent US tariffs. The government is also committed to upholding the integrity of international trade practices and any attempts to fake declarations will be punished. This comes after reports of China-based brokers rerouting goods through Malaysia and falsely labelling them as Malaysian to avoid US tariffs on Chinese imports.
Mahindra, a leading Indian automotive brand, has been a major success in the SUV market. Its popular Thar lineup, known for its sturdy design and off-roading capabilities, is now set for some changes. According to industry sources, the brand will be phasing out eight variants of the Thar to streamline its lineup. This includes the entry-level AX AWD variant and the open differential AWD LX trims. With the changes, the Thar will now be available in 19 variants ranging from Rs 13.87 lakh to Rs 21.32 lakh.
A Samsung store in Singapore's AMK Hub caught fire this morning, adding to the company's recent string of product-related mishaps. Luckily, the fire was quickly put out by sprinklers and no one was injured. The cause of the fire is still under investigation, but it certainly doesn't bode well for Samsung as they prepare to unveil their highly anticipated Galaxy S8 in New York City on Wednesday. Stay tuned to see if the company can bounce back from this latest setback.
In a surprise announcement, Warren Buffett, the renowned 'Oracle of Omaha', revealed that he will be stepping down as CEO of Berkshire Hathaway and passing the reins to Greg Abel at the end of 2025. The decision, made during the company's annual shareholders meeting, sent shockwaves through the business world, with many global leaders expressing their admiration and well-wishes for Buffett's retirement. However, they also have confidence in Abel to continue the success of the renowned investment company.
After an illustrious 60-year career as the leader of Berkshire Hathaway, Warren Buffett announced his retirement as CEO and announced Greg Abel as his successor at the annual shareholders' meeting. The move has been praised by top CEOs and investors, with Apple's Tim Cook calling it a privilege to know Buffett. Abel, who has been identified as Buffett's successor for years, is expected to maintain the culture of the company while taking it into the future. Buffett has also announced his decision to keep all his shares in Berkshire and has full confidence in Abel's leadership.
Maharashtra Deputy Chief Minister Devendra Fadnavis announced at the World Audio Visual and Entertainment Summit (WAVES) that Maharashtra has signed MoUs worth ₹8,000 crore for the development of world-class studios and universities. The state also launched the WAVES Index in collaboration with the NSE, which will strengthen the investment ecosystem in the entertainment sector. Fadnavis further shared plans for establishing a world-class education ecosystem and high-tech studios in the state, making Maharashtra a hub for the entertainment industry.