Bright News

Jaipur-based Advance Agrolife Limited, an agrochemical company engaged in manufacturing a wide range of agrochemical products that support the entire lifecycle of crops, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The IPO, with a face value of Rs 10, is entirely a fresh issue of shares up to 19,285,720 with no offer-for-sale component. It includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion. The proceeds from the fresh issue to the extent of Rs. 135 crores for funding working capital requirements and general corporate purposes. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-ins...

India –  April 03, 2025  – Goa’s glistening coastline and vibrant nightlife have made it one of India’s most sought after travel destinations. However, beyond the bustling beaches lies a world waiting to be explored, rich in heritage, artistry and local traditions — where colonial-era mansions, serene spice plantations, and vibrant markets tell the story of Goa’s deep-rooted cultural legacy. To bring this lesser-known side of Goa into the spotlight, Airbnb, in collaboration with the Goa Tourism Department, proudly launches   ' Goa Unseen ' —a digital guidebook that takes travelers beyond the obvious, uncovering  the very soul of the state through its hidden cultural treasures and heritage gems. As a part of Airbnb and Goa Tourism Department’s  Rediscover Goa  campaign, the  ‘ Goa Unseen ’  guidebook is designed to encourage travelers to explore the state’s hidden gems. The guidebook was launched in the presence of  Shri Rohan Khaunte, Hon’ble...

With #HyperDelivery, Ola Electric has completely transformed the vehicle purchase & delivery experience in the automotive segment Pilot of #HyperDelivery has started in Bangalore, and will be scaled up across India during this quarter Company implemented AI to automate many steps through the registration process and removed middlemen to make the registration & delivery process smoother and more efficient Bengaluru,  April 3, 2025 :  Ola Electric, India’s largest pure-play EV company,  today  announced #HyperDelivery, offering same-day registration and delivery of vehicles. Pilot of #HyperDelivery has started in Bangalore, and would gradually be scaled up across India during this quarter in a phased manner. Customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles in just hours. This industry-first purchase and delivery transformation has been made possible due to the company’s strategic decision ...

Office space transaction volume at historic quarterly high of 3.5 mn sq ft in Q1 2025 Mumbai constituted 28% of the entire residential sales in the country   Mumbai, April 3 rd , 2025 :  Knight Frank India’s  latest report,  India Real Estate: Office and Residential (January - March 2025) Q1 2025   highlights Mumbai’s dominance as the largest residential market in the country.  The city recorded 24,930 primary residential unit sales in Q1 2025, marking a historic high since Q1 2018 with a 5% YoY growth. Developers leveraged this strong momentum by launching 25,706 new units, a 2% year-on-year (YoY) increase. Average residential prices surged by 6% YoY to reaching INR 8,360/sq ft in Q1 2025, reinforcing Mumbai’s position as a high-demand market. Mumbai’s unsold inventory saw a marginal dip from 166,915 units in Q1 2024 to 166,454 units in Q1 2025. The Quarters to Sell (QTS) metric improved, dropping from 7.7 quarters to 7.1, signalling strong absorption rate...

Mumbai – 3rd April 2025 : In a pioneering move aimed at nurturing young talent, students, and early-stage entrepreneurs into successful business leaders, Jewel Trendz Pvt. Ltd., a leading player in India’s gems and jewelry industry, has launched its groundbreaking initiative, Business Visionaries of India (BVI). Through this initiative, Jewel Trendz Pvt. Ltd. is committed to providing aspiring youth, students, and emerging industry professionals with all the support they need to become successful entrepreneurs. The Business Visionaries of India program is designed to identify, support, and empower talented entrepreneurs across the country, enabling them to turn their ideas into impactful businesses. BVI aims to guide these individuals, help them grow their business ideas, and transform them into sustainable ventures. BVI will offer young talent, students, and early-stage entrepreneurs financial support ranging from ₹5 lakhs to ₹5 crores, along with expert mentorship, business training,...

Mumbai, April 1, 2025 – The Head of Circles Conclave, held today in Mumbai, marked a significant milestone in the transformation agenda of the Department of Posts. The conclave, chaired by the Hon'ble Minister of Communications, Shri Jyotiraditya M. Scindia, brought together senior officers from across the department, including Smt. Vandita Kaul, Secretary Posts, Shri Jitendra Gupta, Director General Postal Services, Members of the Postal Board, Chief Postmaster Generals, Postmaster Generals, Directors, SSPOs, SPOs, ASP/IP, and other senior officials. The primary focus of the conclave was to discuss the Department’s ambitious transformation strategy and the vision of Hon’ble Minister, Shri Scindia to position India Post as a leading player in the logistics sector. Officers participated in four key group discussions, each aimed at addressing crucial areas such as mail and parcel services, financial inclusion, Postal Life Insurance (PLI), and citizen-centric services. Key Highlights...