Rajasthan Patrika, a Hindi newspaper, is celebrating its fifth foundation day in Bhopal with a series of activities. The newspaper, which entered Madhya Pradesh in 2008, now has nine editions in the state and plans to add two more. The celebration activities include a religious gathering with gurus from various religions, blood donation camps, and a new look for the office building.
The highly anticipated 2025 model of the popular Suzuki Access 125 has finally been unveiled at the Auto Expo. While it comes in three variants and boasts 5 different colour options, there are complaints about the fluctuating mileage and poor design choices such as fixed mirrors. With tough competition in the two-wheeler market, Suzuki may need to offer attractive deals to customers to stay ahead.
At the Plumbex India exhibition, Minister Hardeep S Puri launched the BHARAT TAP initiative, which aims to improve products and services related to plumbing, water, and sanitation. In his speech, Puri emphasized the importance of sanitation in India's development and praised the success of the Swachh Bharat Mission and AMRUT in achieving 100% toilet coverage in rural areas and significant progress in urban areas. He also announced the launch of AMRUT 2.0, with an outlay of Rs. 2,77,000 crores, to further strengthen water and sanitation services in cities.
Swiggy's stock surges by 5% on NSE as the food delivery company initiates 'Quick India Movement' sale from 19th to 28th September, offering huge discounts on a wide range of products. Global brokerage firm Nomura has set a 'Buy' rating for Swiggy's stock with a target price of Rs 550, citing steady profitability and potential for growth in the quick commerce vertical. However, it also cautions about the possibility of a macro slowdown affecting the growth of Swiggy's online food delivery business.
In a much-needed boost for the Indian food delivery company, Nomura has initiated coverage on Swiggy with a 'buy' rating and a target price of ₹550. The brokerage's analysis highlights the company's strong funding position and its improving profitability in both food delivery and quick commerce. With the recent trend of investors focusing on path to profitability, Nomura's upbeat call on Swiggy is expected to lift its stock and pave the way for further growth. Additionally, the brokerage has also retained its 'buy' rating on Eterna with a revised target price of ₹370, citing expected margin gains from its inventory-led quick commerce model.
Analysts believe that the recent imposition of 18% GST on delivery charges for food delivery platforms Swiggy and Eternal will have a marginal impact on their finances. Both companies are considering passing on the extra tax burden to customers, a common trend in the industry. However, brokerage firm JM Financial believes that the majority of food delivery orders have waived delivery charges and any additional tax expenses will not significantly affect the companies' profits.
The Indian equity benchmark indices, Sensex and Nifty, opened higher on Monday, September 8, 2025, following positive global cues. The Sensex opened at 80,904.40, up by 193.64 points, while the Nifty opened at 24,802.60, up by 61.6 points. In the previous session, the Sensex closed at 80,710.76 and the Nifty at 24,741, and both broader indices also traded in the green in the opening session. "Gift Nifty, an early indicator for the Nifty 50, indicated a positive start as it opened with a gain of 89.5 points at 24,931.50. Meanwhile, FIIs continued their selling spree while DIIs purchased equities," said Shrikant Chouhan, Head Equity Research, Kotak Securities. Asian shares also gained, tracking the rise of Wall Street to a record high.
In a first for the quick commerce industry, Instamart is set to launch its annual sale- Quick India Movement, offering discounts up to 90% off on over 50,000 products. Along with major players in the electric vehicle industry crossing the sales milestone of 100,000 units, the issue also covers Tata Sons chairman N. Chandrasekaran's third term and India's potential response to Donald Trump's tariff on Indian goods. The company has also collaborated with Axis Bank to offer additional discounts. This sale not only offers great deals but also brings convenience, choice, and value to customers.
The South Korean government has announced the successful negotiation for the release of over 300 of their citizens who were detained during a massive immigration raid at a Hyundai plant in Georgia. The workers will be flown back to South Korea once all administrative steps are taken care of. This operation, targeting a manufacturing site that produces batteries for electric vehicles, is part of the Trump administration's aggressive immigration policies, but has been met with criticism from South Korea, a close ally of the U.S."
The tension between the US and South Korea continues as 475 people, including 300 South Korean citizens, were arrested in an immigration raid at a construction site in Georgia. South Korea has now agreed with the US to secure the release of its citizens by arranging a charter flight to bring them home. This comes after the Trump administration has urged South Korean companies to invest in US factories, while also tightening visa rules, causing disruption for businesses and workers in both countries.