editor - The Purbottar

29 Nov

NTPC Green shares upgrade on solar project news

editorBusiness, News

Shares of recently listed NTPC Green Energy gained 4% during today's session to hit Rs 127.55 on the BSE after the company announced successful commissioning of the first phase of the 105 MW Shajapur Solar Project having a capacity of 55 MW. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, after successful commissioning, NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has announced the first tranche capacity of 55 MW out of the 105 MW Shajapur Solar Project (Unit-I) at Shajapur, Madhya…

28 Nov

Centre reports 312% increase in fake ₹500 notes, 166% rise in ₹2,000 notes over past 5 years

editorNews

New Delhi:The Centre has reported a huge increase in the number of counterfeit notes over the past five years. The number of fake ₹500 notes has risen by 312%, while the number of fake ₹2,000 notes has increased by 166%, according to figures from the Ministry of Finance. This information was provided by Minister of State for Finance Pankaj Chaudhary in response to a question from DMK MP T M Selvaganapathy. However, the Centre also reported a 15% decrease in fake ₹500 notes in the 2024 fiscal year. The number of counterfeit ₹500 notes had increased by 102% in the…

28 Nov

Preparations for the Bala Chaturdashi Fair have been made under the chairmanship of MLA Loknath Sharma

editorSikkim

In preparation for the forthcoming Bala Chaturdashi Fair and Puja 2024, Regional MLA Loknath Sharma presided over a coordination meeting on Wednesday night. It is anticipated that the festival will carry on its heritage of grandeur and spiritual significance at the Legship market venues in West and South Sikkim. Senior residents, local Panditjan, members of the fair and puja organizing team, and other interested parties attended the meeting. The main topic of discussion was how to make sure the puja and related events were conducted legally and smoothly. Renowned for his active participation in community affairs, MLA Sharma stressed the…

28 Nov

Assam government to recruit 9,000 teachers and waive fees for BPL students

editorAssam

At Janata Bhawan on Wednesday, Education Minister Dr. Ranoj Pegu unveiled a number of programs and initiatives focused on development. Key issues in the education sector, such as the lack of teachers, access to high-quality education, and the creation of digital learning materials, are the focus of the efforts. The hiring of 9,000 new instructors with an emphasis on local language competency was one of the major announcements. Dr. Pegu emphasized that all posts will be filled regularly rather than through contractual employment, and that these appointments will address the reported teacher shortages in various schools. The Shiksha Setu app…

27 Nov

Bank of India completes Rs 5,000 crore bond sale, stocks expansion

editorBusiness, News

Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. Bank of India shares surged after the lender said it has issued long term bonds (infrastructure) worth Rs 5,000 crore on a private placement basis. Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. A total of 4.87 lakh shares were traded on the BSE, generating a turnover of Rs 5.33 crore. The stock is neither trading in the overbought nor in the oversold zone,…

26 Nov

Swiggy shares upgrade 6% after UBS initiates coverage, analysts expect up to 26% surge

editorBusiness, News

Shares of Swiggy Ltd, a leading player in food delivery and instant commerce, jumped 6 per cent to Rs 456 in morning trade on November 26, after UBS initiated coverage with a 'buy' rating. The brokerage highlighted Swiggy's strong growth prospects and set a target price of Rs 515, implying a potential upside of about 27 per cent from current levels. UBS pointed out that Swiggy is well positioned for growth, currently trading at a 35 per cent discount to Zomato.The stock rose 6.2 per cent to Rs 458 compared to its previous close of Rs 431.25 on the BSE,…

26 Nov

Sikkim Chief Minister Prem Singh Tamang extends warm greetings on Constitution Day

editorSikkim

On the occasion of Constitution Day, November 26, Sikkim Chief Minister Prem Singh Tamang greeted the people of Sikkim and the country. CM Tamang stressed in his message the significance of respecting the visionary work of the people who drafted India's Constitution, which has influenced the country's democratic system. On this momentous day, CM Tamang called on the populace to come together and honor the Constituent Assembly members' extraordinary vision and unwavering commitment, whose combined efforts established the groundwork for India's democratic culture. Additionally, he honored Dr. B.R. Ambedkar, Bharat Ratna, whose guidance and contributions to the field were crucial…

25 Nov

NTPC shares increase 3% on Bernstein’s ‘outperform’ call; sees 20% rally

editorBusiness, News

NTPC shares rose 3 per cent in morning trade on November 25 to hit Rs 377, continuing its gains for the second consecutive trading session after Bernstein maintained an 'outperform' rating on the company and raised the target price.With a target price of Rs 440, the international brokerage forecasts a 20.5 per cent upside from current market levels, citing strong power demand, lack of evening hours and the company's debt-cost advantage as key drivers.While analysts do not see any significant upside beyond these factors, they are also not expecting downside risk. NTPC shares are currently valued at 16 times FY25…

25 Nov

Sikkim CM Tamang, Cabinet lead exhibition football match to boost sports culture in state

editorSikkim

On November 24, Sikkim Chief Minister Prem Singh Tamang and his Cabinet of Ministers took part in an exhibition football game at Paljor Stadium, which featured a fierce encounter between the Darjeeling GTA XI and Tamang's Chief Minister XI. The friendly game demonstrated the chief minister's commitment to encouraging sports and a healthy lifestyle as well as teamwork and camaraderie. The Governor's Gold Cup Football Tournament, which will have its grand conclusion at the same location later today, included the event. In order to guarantee a competitive performance, Chief Minister Tamang said his side had prepared thoroughly for the game…

25 Nov

Assam: Mysterious disease is destroying potato crops in Sootea

editorAssam

South Sootea farmers are struggling with an unnamed disease that is spreading quickly and has decimated their potato crops, leaving fields bare and endangering their livelihoods. The farming community is in great anguish as a result of the unexplained disease's devastating effects, which have caused acres of potato fields to wilt and die. Farmers in the area have focused on growing a variety of vegetables, with potatoes serving as a main crop. Many people had great expectations for the potato crop this season, but this unexpected setback has dampened their spirits. According to reports, a similar outbreak was seen only…