Business Samachar

XELIX Launches India's First Curated Network of Certified Skin & Aesthetic Experts Posted by Niilesh waghela  Mumbai: Mumbai based Aakaar Medical Technologies Ltd., a company listed on the NSE Emerge platform is a leading provider of techn ologies and solutions for cosmetic dermatology and medical aesthetics, today announced the launch of XELIX, a first-of-its-kind national platform that connects patients with qualified dermatologists and aesthetic experts across India.  Developed to improve access to safe, ethical and evidence-based dermatology and aesthetic care, XELIX enables patients to discover, verify with qualified specialists through a curated network of dermatologist-led clinics across the country. The platform was unveiled at the FAHA Dermatology Conference in the presence of leading dermatologists and aesthetic medicine specialists, including Dr. Jerryl Banait, Dr. Syed Nazim, Dr. V S Rathore and dr. Vijay Nagdev. India has witnessed a sharp rise in demand for t...

Commodities Heat Up: Gold Dips, Oil & Gas Surge Markets are on edge as geopolitics takes center stage.  Posted by Niilesh waghela  Mumbai: Geopolitical tensions are driving wild swings in commodities this week. While gold pulled back from recent highs, crude oil and natural gas surged on fresh supply fears, keeping markets on edge. It's a split screen in commodities today. Gold is cooling off, but oil and gas are heating up. As Middle East tensions rise, traders are bracing for more volatility ahead. Gold Comex Gold slipped to  $4,127/oz today after hitting a 2-week high of $4,166. Why? Middle East tensions pushed oil up, but traders are now eyeing next week’s Fed meeting for rate hike cues.   On MCX, Gold futures opened lower and are holding above key 20-DEMA support at ₹1,44,267. Next resistance: ₹1,46,300. Attributed: Aamir Makda, Commodity & Currency Analyst, Technical Research at Choice Broking_ Crude Oil MCX Crude Aug contract gapped up to *₹8,552*...

Mumbai siblings outshine over 2,000 students at Singapore Math Olympiad, win 5 medals Posted by Niilesh waghela  Mumbai: Two Mumbai siblings have made the city and the country, proud on the global stage.  *Hrishikesh Abhinandan Tulsian* and *Vedanshika Abhinandan Tulsian* won a total of five medals — four silver and one bronze — at the Singapore Math Olympiad, outshining more than 2,000 students from across the world. Hrishikesh Abhinandan Tulsian and Vedanshika Abhinandan Tulsian from Mumbai's Don Bosco International High Schools were chosen out of hundreds of students to take part in the invitation-only Singapore International Math Olympiad Challenge (SIMOC) 2026. Competing with other 2,285 top-performing students from 40 countries and territories, the sibling duo bagged four silver and one bronze medals. While Hrishikesh Abhinandan Tulsian, who won three silver medals, is a Class 7th student at Don Bosco, Vedanshika studies in Class 3rd in the same school and won one silver...

IPO: Highways to High Returns? Cube Highways @ 151-152 Posted by Niilesh waghela  Mumbai: Cube Highways Trust on Wednesday fixed the price band at ₹151-152 per unit for its ₹5,000 crore public Infrastructure Investment Trust (InvIT) issue, which will open for subscription on July 22. The public issue will close on July 24, while the anchor investor bidding date has been fixed for July 21, according to a public announcement. The issue is a 100 per cent book-built Offer for Sale (OFS) of units aggregating ₹5,000 crore by existing unitholders as the trust transitions from a privately listed InvIT to a publicly listed InvIT. Ahead of the issue, the trust secured ₹1,250 crore from strategic investors through unit subscription agreements executed on July 13. The strategic investor portion is included in the overall issue size. Under the agreements, strategic investors will subscribe to 8.22 crore units at the allocation price of ₹152 per unit, aggregating ₹1,250 crore, subject to the ter...

Gold ઇકોસિસ્ટમમાં નવા પરિવર્તન માટે ઑગમોન્ટની NSE સાથે યુતિ Posted by Niilesh waghela  મુંબઈ: ભારતના અગ્રણી ઇન્ટિગ્રેટેડ ગોલ્ડ પ્લેટફોર્મ્સ પૈકીની એક ઑગમોન્ટ એન્ટરપ્રાઇઝીસ લિમિટેડે આજે નેશનલ સ્ટોક એક્સચેન્જ ઓફ ઈન્ડિયા (એનએસઈ) સાથે ઐતિહાસિક વ્યૂહાત્મક ભાગીદારીની જાહેરાત કરી છે. આ ભાગીદારી ભારતના ઓર્ગેનાઇઝ્ડ બુલિયન બજારના વિકાસમાં એક મહત્વપૂર્ણ સીમાચિહ્ન છે. આ સહયોગનો મુખ્ય હેતુ ઇલેક્ટ્રોનિક ગોલ્ડ રિસિપ્ટ્સ (ઈજીઆર)ના વ્યાપક સ્વીકારને વેગ આપવાનો છે. ઈજીઆર એ સેબી દ્વારા નિયમન હેઠળ આવતું અને એક્સચેન્જ-ટ્રેડેડ ઇન્સ્ટ્રુમેન્ટ છે, જે ભૌતિક સોનાને ડિમેટ સ્વરૂપની સિક્યોરિટીમાં ફેરવે છે જેને રોકાણકારોના ડિમેટ ખાતામાં રાખવામાં આવે છે. આ વ્યૂહાત્મક ભાગીદારીના ભાગરૂપે ઑગમોન્ટ ઈજીઆરના ક્રિએશન, રિડમ્પશન, લિક્વિડિટી ઉપલબ્ધ કરાવવી, ડિલિવરી અને ભાવ નિર્ધારણ માટે પોતાની વ્યાપક ઇકોસિસ્ટમનો ઉપયોગ કરશે. આ અંતર્ગત કંપનીના 4.2 કરોડથી વધુ નોંધાયેલા યુઝર્સ, સ્પોટ પ્લેટફોર્મ સાથે જોડાયેલા 4,975થી વધુ જ્વેલર્સનું નેટવર્ક, 4,600થી વધુ રિટેલ ટચપોઇન્ટ્સ, 80થી વધુ ગોલ્ડ ફોર ઓલ સ્ટોર્સ તેમજ અગ્રણી સ્ટોકબ્રોકર્સ અને...

Terrible rains: 13 dead in 4 days; rain to continue till July 8 Posted by Niilesh Waghela Mumbai: Maharashtra is on high alert as Chief Minister Devendra Fadnavis warns of a potential cloudburst in Nashik and continuous heavy rainfall until July 8, urging citizens to exercise caution and stay indoors amidst widespread disruptions and fatalities. Maharashtra Chief Minister Devendra Fadnavis on Monday warned of a possible cloudburst-like spell in Nashik on Tuesday, and said that the state machinery has been put on high alert as heavy rains are expected to continue until July 8. Addressing a press conference after reviewing the flood situation at the state disaster management control room, the chief minister urged citizens to avoid unnecessary travel and stay off the roads, as authorities worked to manage landslides, swollen rivers, and rescue operations. Cloudburst Warning and State Preparedness "The weather situation till July 8 requires constant monitoring. There is a possibility ...

AIIEA-JNCH Programme Boosts Awareness on EMI and AEO Benefits posted by Niilesh waghela Mumbai, July 4: In a significant step towards strengthening India's trade facilitation ecosystem, the Authorised Economic Operator (AEO) and Eligible Manufacturer Importer (EMI) Outreach Programme concluded successfully in Mumbai, bringing together senior Customs officials, industry leaders, importers, exporters, customs brokers and logistics professionals on a common platform. The programme was jointly organised by the Jawaharlal Nehru Custom House (JNCH), Mumbai Customs Zone-II, and the All India Importers and Exporters Association (AIIEA) at Walchand Hirachand Hall, IMC Building. The initiative aimed to increase awareness about the Eligible Manufacturer Importer (EMI) Scheme and its integration with the Authorised Economic Operator (AEO) Programme, both of which are designed to make cross-border trade faster, more transparent and globally competitive. The event witnessed enthusiastic partici...

CAs Must Uphold Ethics :VP Posted by Niilesh waghela  New Delhi: Chartered accountants are the “custodians of trust in the financial system” and must safeguard ethics even as India pursues growth, Vice President Radhakrishnan said Sunday at the 78th Chartered Accountants’ Day event in New Delhi. He warned that “economic growth without ethics would not serve any purpose” and urged the Institute of Chartered Accountants of India not to dilute its qualifying exam standards, noting that high failure rates reflect the profession’s rigor. ICAI has over five lakh members and conducts the CA examinations. Radhakrishnan called on CAs to ensure fair competition by protecting honest enterprises and acting firmly against unethical practices.  “The ease of doing business must always operate within the framework of law, and chartered accountants have a vital responsibility in ensuring that balance. Saving money at the cost of quality would be disastrous,” he said. He also asked ICAI’s distr...