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The Tamil Nadu government has announced that the procurement of groceries required for the 34,908 ration shops across the state will henceforth be conducted through an online tendering system. Photo Credit X Cm Vijay The government is set to implement an online tendering system for ration shop supplies. This initiative aims to ensure transparency and put an end to past corrupt practices—such as favoring specific contractors to foist unwanted goods onto ration shops and holding employees financially liable for losses caused by unsold or expired stock. The Tamil Nadu Rati on Shop Employees' Association has welcomed this decision and commended Chief Minister Joseph Vijay, Minister for Cooperation Kantharaj, and Principal Secretary Amudha for spearheading this move. The association anticipates that shifting to a transparent online procurement system will prevent the exploitation of employees, ensure the public receives quality goods at fair prices, and strengthen the cooper...

Chennai: Great news has emerged from Indian Railways. A long-standing request from passengers is finally being implemented. To ensure a hassle-free travel experience, Indian Railways has upgraded the IRCTC website with state-of-the-art technology. Do you know what benefits and features this brings? Let’s take a look at the details here. Indian Railways is an indispensable mode of public transport, with lakhs of people traveling daily. In India, approximately 88 percent of train tickets are booked digitally. Tatkal Tickets – Website Crashes However, when trying to book Tatkal tickets during emergencies, the website would often crash suddenly, and delays would occur while entering CAPTCHA codes. These issues caused significant inconvenience to passengers. To put an end to these problems, Indian Railways has completely revamped the IRCTC website using new technology. The "Beta version" of this new website, designed with AI technology, is set to officially launch on July 15. IRC...

If you follow the Indian fashion and retail sector, you cannot overlook Trent Limited. Operating as a large-cap powerhouse in the fashion and lifestyle industry, this stock consistently achieves new milestones. Let us examine in detail the key reasons for investment, the financial metrics justifying its premium valuation, and the projected outlook for the stock by 2030. Investment Summary Current Share Price: Rs. 2,904.10 (as of July 10, 2026) Recommendation: Buy Investment Horizon: 5 years (Long-term) Target Price (2030): Rs. 5,352.38 📈 Financial Stability & Growth Engine Trent’s operational metrics reveal why the market is willing to pay a premium for this stock. The company is not merely growing; it maintains high operational efficiency while expanding its footprint. Consistent Sales Growth Rate: An impressive 33.69% Operating Profit Margin (OPM): Maintained at a steady 18.70% over the last 7 years. Free Cash Flow (FCF): Rs. 799 crores; this provides sufficient liquidity to f...

Shares of Kalyan Jewellers India continue to deliver excellent returns to investors. Following the release of strong first-quarter business updates, the stock's value has surged by up to 36% over the past three days, including a 9% rise on Friday alone. Historic Milestone; Market Value Rises by ₹13,280 Crore in Three Days On the National Stock Exchange (NSE), the company's share price climbed to ₹483.40 per share —a six-month high. This significant rally over three days has added over ₹13,280 crore to investor wealth, pushing the company's market capitalization to ₹49,896 crore. Kalyan Jewellers: First-Quarter Business Update On Tuesday, Kalyan Jewellers reported a highly satisfactory performance for the April-June quarter of the current fiscal year. Consolidated revenue grew by nearly 38% compared to the same period in the previous fiscal year. This growth is particularly noteworthy for the gold jewellery company, as the quarter included a 28-day period during which custo...

To enable investors to choose sectors that align with their preferences, the Vedanta Group has demerged into four separate entities, which were listed on the stock exchange the day before yesterday.  What is the outlook for the four newly listed Vedanta entities over the next six months? Stock market expert Reji Thomas shares his insights regarding their performance and the outlook for the next 3–6 months. Vedanta Aluminium Metal Price: 471 Operations: India’s leading integrated aluminium producer, covering the entire value chain—from bauxite mining and refining to the manufacture of products for sectors such as construction, automotive, power, and packaging. Business Outlook: Driven by large-scale infrastructure, low production costs, and steady demand, this is considered the strongest business among Vedanta's four new entities. Next 3–6 Months: Revenue and market valuation are expected to rise in the coming quarters, supported by international price stability and strong domesti...