Category Archives: business

Kanga League: Vinayak Bhoir’s All-Round Efforts Help Islam Gymkhana Brush Aside Khar Gymkhana

All-rounder Vinayak Bhoir played an impressive role with both bat and ball to help Islam Gymkhana secure a win against Khar Gymkhana by gaining the first innings lead in a B Division match of the MCA Dr. H. D. Kanga Cricket League. The match was played at the Islam Gymkhana ground on Wednesday.

Sent in to bat first, Islam Gymkhana amassed a total of 192 runs for 9 wickets in 34.3 overs. Middle-order batsman Bhoir smashed a quick 73 runs off 59 balls, including four boundaries and six sixes. Khar Gymkhana’s medium pacer Abdul Khan was the pick of the bowlers, claiming 6 wickets for 45 runs.

In response, Islam Gymkhana’s bowling attack, led by medium pacer Javed Khan and left-arm spinner Vinayak Bhoir, dismantled Khar Gymkhana. Javed Khan took 4 wickets for 30 runs, while Bhoir picked up 3 for 35. They bowled out Khar Gymkhana for 127 runs in 39.5 overs, gaining a crucial first innings lead.

Islam Gymkhana started their second innings strongly, reaching 25 for 2 in 4.4 overs.

**Brief Scores – B Division:**

– Young Comrade CC: 98 all out in 31.2 overs (Shameet Shetty 28; Sachin Gupta 3/20) & 65 for 5 in 22.5 overs (Mayuresh Tandel 37)
Vs Sind SC: 128 for 4 declared in 30.2 overs (Sai Chavan 45, Sujay Thakkar 28; Shameet Shetty 3/45)
*Result:* Sind SC won on 1st innings lead.

– New Hindu CC: 172 all out in 53.5 overs (Vinay Kunwar 36, Rohit Shukla 28; Sachin Solanki 4/44, Vedant Gurav 3/27)
Vs Sainath SC: 97 all out in 24.2 overs (Jigar Rana 36; Rajesh Sardar 5/23, Jugraj Mehta 4/22)
*Result:* New Hindu CC won on 1st innings lead.

– Islam Gymkhana: 192 for 9 in 34.3 overs (Vinayak Bhoir 73, Sufiyan Shaikh 28, Shashwat Pathak 25; Abdul Khan 6/45) & 25 for 2 in 4.4 overs
Vs Khar Gymkhana: 127 all out in 39.5 overs (Swayam Waghmare 42; Javed Khan 4/30, Vinayak Bhoir 3/35, Hitesh Kadam 3/52)
*Result:* Islam Gymkhana won on 1st innings lead.

– Goregaon Sports Club: 116 all out in 39.4 overs (Rohan Bhosale 43; Kunal Thorat 7/20) & 20 for no loss
Vs Shivaji Park Youngsters SC: 120 for 6 declared in 29 overs (Shubham Shinde 50)
*Result:* Shivaji Park Youngsters won on 1st innings lead.

– Muslim United SC: 195 for 9 in 39.5 overs (Shashikant Kadam 77, Mahamad Yaseen Saudagar 34; Khizar Dafedar 4/55, Harsh Mendon 3/27)
Vs Dadar Union SC: 134 for 6 in 29 overs (Ashay Akre 45, Aadit Degaonkar 31)
*Result:* Match drawn.

– Payyade SC: 144 all out in 41.2 overs (Omkar Ghule 29, Vicky Patil 27, Vedant Gadia 26; Anikit Vishwakarma 3/16, Jagdish Jadhav 3/34, Sandeep Pawar 3/53)
Vs United Cricketers: 118 for 6 in 39.1 overs (Prithvik Pandit 45, Darshan Kamthe 27; Ajay Mishra 5/28)
*Result:* Match drawn.
https://www.freepressjournal.in/sports/kanga-league-vinayak-bhoirs-all-round-efforts-help-islam-gymkhana-brush-aside-khar-gymkhana

Indian pharma, healthcare firms eye ₹13,000cr via IPOs

The industry plans to raise an estimated ₹12,000–13,000 crore over the next six to nine months. According to data compiled by *The Economic Times*, around 15 companies from this sector are likely to enter the primary market soon.

**Market Activity: SEBI Receives DRHPs for Several Companies**

The Securities and Exchange Board of India (SEBI) has received draft red herring prospectuses (DRHPs) from several companies. Notably, Indira IVF refiled in July with an issue size of about ₹3,500 crore, while Sahajanand Medical Technologies filed for a ₹1,500 crore issue. Other significant filings include NephroPlus (approximately ₹2,000 crore), Molbio Diagnostics (₹200 crore), and Cotec Healthcare (₹500 crore).

**Fundraising Plans: Companies That Have Received SEBI’s Nod**

Among the companies that have secured SEBI’s approval are Rubicon Research, aiming to raise ₹1,085 crore, and Corona Remedies, planning to raise ₹800 crore. Additionally, other companies gearing up for initial public offerings (IPOs) include Paramesu Biotech (₹600 crore), Allchem Lifesciences (₹190 crore), Paras Healthcare (about ₹900 crore), Veeda Clinical Research (around ₹500 crore), and Gujarat Kidney and Superspeciality Hospital (₹128 crore). Genetix Biotech is also poised to file for an IPO soon.

**Trends: ART Sector Attracting Investor Interest Due to Strong Fundamentals**

Saurav Chaube, a research analyst at Samco Securities, highlighted a strategic shift in the assisted reproductive technology (ART) sector. He explained that growing investor interest is fueled by strong market fundamentals, such as increasing infertility awareness and favorable demographics.

Chaube further noted that companies like Indira IVF and Gaudium IVF have filed through the confidential route. This approach signals a maturing market where players seek to optimize their public offerings while minimizing early scrutiny and potential opportunist litigation.

**Industry Outlook: Pharma and Healthcare Increasingly in Focus Since COVID-19**

Samir Bahl, CEO of Anand Rathi Advisors, observed that global markets have increasingly concentrated on pharma and healthcare since the COVID-19 pandemic. He pointed out that countries like the US and India are ramping up investments in pharmaceutical and biotech innovation.

Bahl also remarked that Indian pharma companies are commanding high price-to-earnings ratios, reflecting favorable valuations and strong investor interest in the sector.
https://www.newsbytesapp.com/news/business/15-pharma-healthcare-firms-to-launch-ipos-in-coming-months/story

‘Everything from chip to ship’: PM Modi calls for boost to Atmanirbhar Bharat

**PM Modi Calls for Boost to Indigenous Production Across Sectors at UP International Trade Show 2025**

Prime Minister Narendra Modi has called for a significant boost to indigenous production across various sectors, emphasizing the importance of building a ‘Swadeshi’ economy. Speaking at the inauguration of the Uttar Pradesh International Trade Show-2025 (UPITS-2025) on Wednesday, PM Modi assured stakeholders that the government stands shoulder-to-shoulder with them in this journey.

Highlighting the government’s commitment to ease of doing business, the Prime Minister noted that several unnecessary compliances have been removed to help businesses thrive in India. “The government is putting a strong emphasis on Make in India manufacturing. We want everything from chip to ship to be manufactured in India; for this, we are focusing on your ease of doing business,” he said.

PM Modi further elaborated on the reforms, stating, “The government abolished more than 40,000 compliances, and more than a thousand laws were decriminalised. We are standing with you shoulder-to-shoulder,” addressing the business fraternity and traders present at the event.

Despite global disruptions and uncertainties, the Prime Minister expressed confidence in India’s growth potential. “Disruptions don’t hinder us, but even in those circumstances, we look for new directions. Amid all these disruptions, India is strengthening the foundations for the coming decades. Our resolve and mantra is Atmanirbhar Bharat. Nothing can be more helpless than being dependent on others. The more a country stays dependent on others, the more its growth is going to stay compromised,” he added.

PM Modi also stressed the importance of maintaining quality in indigenous products. “Every citizen is adopting Swadeshi, ‘Garv se kaho hum swadeshi hai’. Our traders will have to proudly adopt this mantra,” he said. He called for creating an ecosystem that gives special emphasis to Swadeshi designs, while urging private investment in research and innovation. “Without innovation, the world stops, businesses halt,” he remarked.

### About the Uttar Pradesh International Trade Show 2025

The trade show, held from September 25 to 29, carries the theme “Ultimate Sourcing Begins Here” and focuses on three core objectives: innovation, integration, and internationalisation. UPITS-2025 aims to connect international buyers, domestic Business-to-Business (B2B) buyers, and domestic Business-to-Consumer (B2C) buyers through a three-pronged buyer strategy, offering opportunities for exporters, small businesses, and consumers alike.

This platform will showcase Uttar Pradesh’s diverse craft traditions, modern industries, robust MSMEs, and emerging entrepreneurs. Key sectors represented at the event include handicrafts, textiles, leather, agriculture, food processing, IT, electronics, and AYUSH, among others. The trade show will also celebrate the state’s rich art, culture, and cuisine under one roof.

Adding strategic significance, Russia will participate as a partner country, facilitating new avenues for bilateral trade, technology exchange, and long-term cooperation.

The event expects participation from over 2,400 exhibitors, approximately 125,000 B2B visitors, and about 450,000 B2C visitors.

*(With inputs from ANI)*
https://www.mid-day.com/news/india-news/article/everything-from-chip-to-ship-pm-modi-calls-for-boost-to-atmanirbhar-bharat-manufacturing-23595743

Google Launches AI-Powered Mood Board App Mixboard: 5 Reasons Why Its Better Than Pinterest

Google Labs has launched Mixboard, an experimental AI-powered mood board app designed to transform the way users brainstorm and develop ideas visually. This innovative tool positions itself as a creative platform where users can explore and refine concepts using AI-generated content, aiming to rival popular platforms like Pinterest.

Unlike Pinterest, which primarily collects and curates existing images, Mixboard takes a unique approach by generating original visuals. Powered by Google’s ‘Nano Banana’ image editing model, Mixboard enables users to create unique images based on text prompts, opening up new possibilities beyond pre-existing content.

One of the standout features of Mixboard is its natural language editing capabilities. Users can manipulate their boards through simple conversational commands such as “make it more minimal” or “blend these two concepts.” This intuitive interface lets users make dynamic adjustments without any prior design expertise.

Additionally, Mixboard excels in context-aware text generation. The platform can automatically generate descriptive text that aligns with the visual context of images on mood boards. This feature helps users articulate their creative vision more clearly and provides automatic descriptions for each visual element.

Exploring creative alternatives is easy with Mixboard’s one-click variation options. Features like “regenerate” and “more like this” allow users to instantly view multiple iterations of their ideas, streamlining the creative process and fostering experimentation.

Another key advantage is Mixboard’s integrated text and visual workflow. The platform features an open canvas format where users can combine text prompts with visual elements seamlessly. This integration enables users to start projects from written concepts and smoothly transition between text-based ideation and visual creation—a functionality not available on Pinterest.

Mixboard is designed for a wide range of creative applications such as home decor planning, event themes, product development, and DIY projects. As an experimental project from Google Labs, the platform focuses on making AI-powered creative tools accessible to general users seeking inspiration and innovation.

Currently, Mixboard is available exclusively to users in the United States and remains in an experimental beta phase. Keep an eye out as this promising creative tool evolves and expands its reach in the near future.
https://www.freepressjournal.in/tech/google-launches-ai-powered-mood-board-app-mixboard-5-reasons-why-its-better-than-pinterest

Oracle plans $15B bond sale to fund cloud deals

**Oracle Plans $15 Billion Bond Sale to Fund Cloud Deals**

*By Dwaipayan Roy | September 24, 2025*

Oracle, the tech giant renowned for its software products, is preparing to raise $15 billion from the US investment-grade bond market. The company intends to sell debt in up to seven parts, including a rare 40-year bond. Initial pricing discussions for this portion of the deal are around 1.65% above similarly dated US Treasuries.

### Funding Allocation

This major bond sale comes as Oracle significantly ramps up its spending on cloud infrastructure deals with leading companies like OpenAI and Meta. These new contracts are expected to substantially increase Oracle’s expenses.

Over the coming years, the company is projected to invest billions of dollars in leasing and powering data centers. The funds raised through this bond issuance could be allocated towards capital expenditures, future investments, acquisitions, or other strategic initiatives.

### Deal Management

The bond sale is being managed by some of the largest names in banking, including Bank of America, Citigroup, Deutsche Bank AG, Goldman Sachs Group Inc., HSBC Holdings Plc, and JPMorgan Chase & Co.

This is not Oracle’s first venture into debt financing; the company last sold debt in January of this year.

As Oracle continues to expand its cloud infrastructure footprint, this $15 billion bond sale underscores its commitment to supporting long-term growth and innovation in the competitive cloud computing market.
https://www.newsbytesapp.com/news/business/oracle-plans-15b-corporate-bond-sale/story

Profit Even in a Bear Market: US Investors Use IOTA Miner to Earn Their First Million Dollars, Waiting for the Bull Run

Amidst the ongoing bear market in the cryptocurrency sector, Bitcoin (BTC) and XRP prices have continued to decline, leaving many investors concerned about potential losses. However, some U.S. investors are turning to the IOTA Miner app to earn their first million dollars, making steady profits during the downturn while preparing for the upcoming bull market.

### No Mining Machine Required, Easy to Get Started

IOTA Miner offers a convenient cloud mining service that eliminates the need to purchase expensive mining hardware or master complex technical skills. Whether you’re a cryptocurrency beginner or a seasoned investor, you can use the app to mine BTC, XRP, or stablecoins, earning substantial daily passive income.

Many users have already earned their first million dollars during this bear market, steadily increasing their assets through consistent returns.

### Transparency, Security, and Visible Returns

The platform provides real-time income monitoring and transparent fund management, allowing users to track their asset activity anytime. This transparency helps mitigate risk and build wealth with confidence.

Even during volatile market conditions, IOTA Miner guarantees daily returns, enabling investors to maintain confidence and stability in a bear market.

### Accumulate in Bear Markets, Soar in Bull Markets

IOTA Miner’s strategy of earning steady returns during bear markets and enjoying capital growth during bull markets allows investors to weather downturns effectively. Many U.S. investors have already built a solid foundation of wealth using this method, waiting patiently for the market rebound to realize long-term value growth.

### How to Quickly Earn Daily Income with IOTA Miner

**Step 1:** Register for a free account on the IOTA Miner platform using any email address. New users receive a $15 welcome bonus and a $0.60 daily sign-in bonus.

**Step 2:** Choose from a variety of contract plans tailored to different investment levels to increase your stable income.

**Step 3:** Wait for the contract period to end, then withdraw your capital and earnings with ease.

#### Example Potential Earnings

| Contract Type | Funds | Period | Daily Income | Principal + Total Earnings |
|—————|——-|——–|————–|—————————-|
| DOGE/LTC | $100 | 2 Days | $5 | $100 + $10 |
| BTC/BCH | $1,500| 12 Days| $18.75 | $1,500 + $225 |
| BTC/BCH | $6,000| 30 Days| $84 | $6,000 + $2,520 |
| DOGE/LTC | $25,000|35 Days| $407.50 | $25,000 + $14,262.50 |
| BTC/BCH | $100,000|30 Days| $1,910 | $100,000 + $57,300 |
| BTC/BCH | $300,000|55 Days| $7,200 | $300,000 + $396,000 |

*Mining income is automatically credited to your account the day after the contract takes effect. When your balance reaches $100, you can withdraw to your personal wallet or reinvest in more contracts for continuous growth.*

### Limited-Time Referral Bonus

Invite a friend to purchase a $480 contract and receive:

– 3.5% commission ($16.80)
– Additional $20 cash bonus
– Earn up to $36.80 per referral!

The more friends you refer, the more you earn. Limited rewards available — don’t miss out!

### Conclusion

Bear markets are no longer synonymous with panic and losses. With IOTA Miner, every investor has the opportunity to earn stable returns even during downturns, accumulating capital for future bull markets and achieving steady growth.

From beginners to seasoned traders, IOTA Miner empowers all investors to earn consistent income and build wealth confidently.

**Official website:**
**Contact email:** info@iotaminer.com
**Download:** Available on Android and Apple devices

*Disclaimer: This is a press release provided by a third party responsible for its content. Please conduct your own research before making any investment decisions based on this information.*
https://blockonomi.com/profit-even-in-a-bear-market-us-investors-use-iota-miner-to-earn-their-first-million-dollars-waiting-for-the-bull-run/

Sonu Sood questioned by ED in betting app case

**Sonu Sood Questioned by ED in 1xBet Betting App Money Laundering Case**

*By Apoorva Rastogi | Sep 24, 2025, 01:47 PM*

Bollywood actor Sonu Sood visited the Enforcement Directorate (ED) office in central Delhi on Wednesday for questioning in connection with a money-laundering investigation related to the online betting app 1xBet. The 52-year-old actor was summoned by the agency and arrived at the ED office around noon. He is being questioned under the Prevention of Money Laundering Act (PMLA).

### Ongoing Probe into 1xBet Online Betting App

The ED’s investigation into 1xBet is part of a broader probe targeting several online betting platforms accused of cheating people out of crores and evading both direct and indirect taxes. Over the past few weeks, the agency has questioned several former cricketers, including Suresh Raina, Shikhar Dhawan, Robin Uthappa, and Yuvraj Singh, among others.

### Probe into Celebrity Endorsements

The Enforcement Directorate is also examining how celebrities were approached by 1xBet for endorsements. The agency aims to uncover key contacts in India and determine the method and source of celebrity payments. It is investigating whether these payments could be classified as “proceeds of crime” under the PMLA.

To aid in the investigation, the ED has requested copies of contracts as well as all email and paper documentation related to the celebrities’ dealings with 1xBet.

### About 1xBet

According to its official website, 1xBet is a globally recognized bookmaker with 18 years of experience in the betting industry. The app offers users the ability to bet on thousands of sporting events and is available in 70 languages.

The ED may soon begin attaching the assets of individuals found to have used proceeds from promotional activities linked to the case.

Stay tuned for more updates on this unfolding investigation.
https://www.newsbytesapp.com/news/entertainment/sonu-sood-summoned-by-the-ed/story

India-US Trade Ties To Strengthen With Focus On Energy Security: Commerce Minister Piyush Goyal

**India Seeks to Boost Energy Trade with the US, Highlights Strategic Partnership**

*New York:* India aims to significantly increase its trade with the United States in energy products in the coming years, with a strong emphasis on US involvement in achieving the country’s energy security goals, said Commerce and Industry Minister Piyush Goyal.

“Clearly, the world recognizes that energy security is one area where we all have to work together. India is a big player in the energy field; we are major importers of energy from across the world, including from the US,” Goyal stated on Tuesday during his keynote address at an event titled *Energy Security in a Shifting Global Landscape: Building Resilient Energy Markets Across Borders.* The event was hosted by the Consulate General of India in New York, the US-India Strategic Partnership Forum (USISPF), and ReNew, India’s leading decarbonisation solutions provider.

“We expect to increase our trade with the US on energy products in the years to come. Being close friends and natural partners, our energy security goals will have a very high element of US involvement. This partnership will ensure price stability, diversified sources of energy for India, and help us unlock limitless possibilities with the US on various fronts, energy and beyond,” he added.

Goyal is currently leading a delegation in New York, engaging with US counterparts to reach an early conclusion of a bilateral trade agreement.

Noting the significance of the day, Goyal mentioned that September 22 marks the commencement of Navratri, an auspicious period in the Hindu calendar. “It is said that on this day, things are expected to turn for the better,” he remarked.

Distinguished dignitaries attending the event included Member of Parliament Anurag Thakur, Secretary in the Ministry of Petroleum and Natural Gas Pankaj Jain, USISPF CEO and President Mukesh Agni, ReNew co-founder Vaishali Nigam Sinha, and ReNew Chairman and CEO Sumant Sinha.

### Collaboration on Nuclear Power and Critical Minerals

Goyal highlighted nuclear power as another key area for Indo-US collaboration. “It’s an area we’ve been discussing for a long time. Some elements needed to be addressed, and I believe we are now working to support private efforts in nuclear power in India,” he said.

He emphasized the importance of securing resilient critical mineral supplies and diversifying sources to prevent the weaponization of trade. “We need to build infrastructure, particularly transmission grid infrastructure both within countries and across borders, which can become the backbone of the clean energy transition for various nations.”

“We all must seriously work to align our regulatory frameworks to enable cross-border energy trade without concerns that geopolitics will undermine energy resilience or security,” Goyal added.

India continues to invest in nuclear energy with ambitions to double its capacity in the coming years through government intervention, while also planning to expand on a larger scale. “There are challenges related to price and energy costs that must be addressed to make nuclear power more competitive,” he noted.

### Ambitious Clean Energy Expansion

Goyal described India as being in a “sweet spot” to expand its clean energy capacity, projecting growth from 250 gigawatts to 500 gigawatts over the next five years.

He also commented on the European Union’s Carbon Border Adjustment Mechanism (CBAM), warning of its wide-ranging implications. “In fact, it could isolate the EU and hurt their economy, making them akin to a small island. While others continue trading, the EU may face inflation, unviable infrastructure costs, and loss of market share in exports,” Goyal explained.

He cautioned against green protectionism, describing it as “like a trap. If someone buries their head in the sand, they may find it very difficult to come out.”

*Disclaimer: This story is sourced from a syndicated feed. Only the headline has been modified.*
https://www.freepressjournal.in/business/india-us-trade-ties-to-strengthen-with-focus-on-energy-security-commerce-minister-piyush-goyal

Iron ore $20?

The ferrous complex plods on, caught between conflicting forces. On one hand, there is the approach of major projects like Simandou, Capanema, and Gara Gjeblet. On the other, the shutdown of Chinese green steel plants is creating uncertainty in the market.

Amidst these opposing influences, the balance is maintained by unusually solid blast furnace output for this season.

Honestly, if you had shown me that chart back in 2019, I would have predicted iron ore prices to fall to $20. Indeed, that was my expectation at the time.
https://www.macrobusiness.com.au/2025/09/iron-ore-20/

Accenture plans to create 12,000 jobs in Andhra Pradesh

**Accenture Plans to Create 12,000 Jobs in Andhra Pradesh**

*By Dwaipayan Roy | Sep 23, 2025, 08:02 PM*

Accenture, a leading global technology consultancy firm, has proposed the establishment of a new campus in Andhra Pradesh as part of its strategy to expand its workforce in India by approximately 12,000 employees. This initiative aligns with similar expansions by other major IT firms such as Tata Consultancy Services (TCS) and Cognizant, supported by a new state policy offering land at a highly subsidized rate of just ₹0.99 per acre for companies committed to job creation.

**Proposal Details**

Accenture has requested around 10 acres of land in Visakhapatnam under the terms of this policy. The proposal is currently under review by the Andhra Pradesh government. India already serves as Accenture’s largest employee base globally, with over 300,000 of its 790,000 worldwide employees based in the country.

**Government Response**

An official from the Andhra Pradesh government expressed enthusiasm about bringing Accenture to the state. Although the approval process may take some time, the official indicated that the proposal is reasonable and expected to be approved soon. The statement was given on the condition of anonymity.

**Investment and Comparisons**

While the exact investment amount Accenture intends to make has yet to be disclosed, precedent exists with TCS and Cognizant, which have secured land leases under the same policy for campuses projected to generate around 20,000 jobs in Visakhapatnam. Cognizant is investing $183 million, and TCS has allocated just over $154 million for its new facility.

**Trend Toward Expansion in Tier-2 Cities**

The expansion of major tech firms into tier-2 Indian cities reflects a growing trend driven by cost advantages such as lower land prices, rent, and wage expenses. Post-pandemic shifts have also made it easier for companies to hire local talent in these smaller cities, reversing the earlier pattern of workers migrating to large tech hubs.

With Andhra Pradesh emerging as a key destination for IT investments, Accenture’s proposed campus is expected to significantly boost employment and contribute to the region’s growing prominence in India’s technology landscape.
https://www.newsbytesapp.com/news/business/accenture-seeks-land-in-ap-for-new-campus/story