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Hans India
19-06-2025
- Lifestyle
- Hans India
Thoughtful Gifts for the Man Who Has Everything
Thoughtful Gifts for the Man Who Has Everything" is a curated guide designed to help readers find meaningful and memorable gifts for men who are hard to shop for. Instead of typical options, the article focuses on personalized, experiential, and emotionally resonant ideas that reflect thought and intention. From custom keepsakes to subscription services and gifts that support a cause, each recommendation adds value beyond material possession. Ideal for birthdays, anniversaries, or just-because moments, this guide appeals to anyone looking to make their gift truly stand out and connect on a deeper level with the recipient GREEN KNIT SHACKET TOP_Gargee Designer's The versatile Green Knit Shacket from Gargee Designers is a stylish solution. A perfect fusion of shirt and jacket, it's crafted from soft, breathable knit fabric that delivers all-day comfort. The tailored fit, classic button-down front, and earthy green hue make it an effortlessly elegant choice for any occasion. Whether layered or worn solo, this piece offers understated sophistication that feels personal and practical. For the man who's hard to impress, this timeless wardrobe essential is a gift that stands out—refined, relaxed, and genuinely thoughtful. Price: Rs.13,500 Black Eau De Perfume_Insight Cosmetics For the man who already has it all, give a gift that resonates with presence and personality. Insight Cosmetics' Black Eau De Perfume is more than just a fragrance—it's a signature. With deep, woody base notes layered with subtle musk and spice, this refined scent captures quiet strength and enduring elegance. Designed for the modern man who doesn't need to speak to be remembered, it's perfect for both daily wear and special occasions. Sophisticated, long-lasting, and effortlessly stylish, this perfume is a thoughtful gesture that adds meaning to his routine—and leaves a lasting impression. Flying Horse Brass Pair_ Luxeartisanship When it feels like he already has everything, gift him something meaningful and timeless. The Flying Horse Brass Pair from Luxeartisanship is a powerful symbol of strength, success, and forward momentum. Handcrafted in pure brass with an antique finish, this elegant duo brings a sense of heritage and purpose to any space—be it his study, office, or living room. More than décor, it's a tribute to the man who's been your constant source of guidance and inspiration. Thoughtfully made and rich in symbolism, it's a gift that honors his journey and spirit—making it a keepsake he'll value for years to come. Price : 17,761 Link : Fox Diamond Pendant_Dishi's Jewels For the man who's impossible to shop for, give a gift that carries meaning beyond Fox Diamond Pendant from Dishi's Jewels is a refined expression of strength, intelligence, and protection—qualities your father exemplifies every day. Crafted in gold and set with brilliant-cut diamonds, its sleek fox design adds a touch of modern symbolism to timeless elegance. Whether worn daily or on special occasions, it's more than just jewelry—it's a thoughtful reminder of his wisdom, love, and quiet strength. Presented in a premium box, it's a heartfelt tribute for the man who already has everything—but deserves something truly personal. Price : Rs. 18,344 Link : Timeless Button-Up Renaissance King's Life Printed Jacket _ Sammyukk When he already has it all, gift him something that speaks to his distinctive style and Renaissance-Inspired Edgy Jacket from Sammyukk is a bold blend of regal flair and modern sophistication—crafted for the man who stands out effortlessly. Made from lightweight cotton twill with a hint of stretch, it features intricate prints reminiscent of royal heritage, elevated by metallic buttons and structured pockets. The soft pastel palette brings balance to the sharp, tailored silhouette, making it perfect for upscale events or daytime statements. Thoughtfully designed and undeniably unique, this jacket is more than fashion—it's a wearable tribute to his timeless confidence and individuality. Price - INR 5,500
Mint
10-06-2025
- Business
- Mint
SME stock Markolines Pavement gains 5% on bagging ₹16 crore order. Details here
Stock Market Today: SME stock Markolines Pavement gained close to 5% in the morning trades on Tuesday. The Markolines Pavement Technologies share price gains were fueled by the company bagging ₹ 16 crore order. Markolines Pavement Technologies on Tuesday 10 June 2025 made a General disclosure on the exchanges pertaining to the receipt of Work Orders from Vadodara Kim The Markolines Pavement Technologies has secured domestic orders from Vadodara Kim Expressway Pvt. Ltd for two projects for Rain Cut Repair works at its project site. In its release on the exchanges Markoline Pavement Technologies said that 'the Company has received 2 Work Orders cumulatively amounting to Rs.16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. for Rain Cut Repair works at its project site' . While the broad consideration for one project order secured by Markoline Pavement Technologies is Rs.13,81,76,997 ( ₹ 13.82 crore inclusive of GST), the other consideration for the second order procured by Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd is Rs.2,94,05,308 ( ₹ 2.94 crore inclusive of GST). This makes the total consideration of 2 work orders for Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd, at Rs.16,75,82,305 ( ₹ 16.75 crore inclusive of GST) . Markoline Pavement Technologies had to complete this domestic project order for Rain Cut Repair works at the project site by 31 July 2025. Markoline Pavement Technologies share price that opened at ₹ 152.50 on the BSE on Tuesday. The SME Stock Markoline Pavement Technologies share price at the time of opening was up more than 1% over the previous trading sessions closing price of ₹ 150.65. The Markoline Pavement Technologies however jumped to intraday highs of ₹ 158 and this translated into gains of almost 5 % during the intraday trades. Markolines Pavement Technologies' stock surged as the ₹ 16 crore work order from Vadodara Kim Expressway Pvt. Ltd. for rain cut repair projects, demonstrates the potential for growth improving investor confidence in SME stock.
Mint
10-06-2025
- Business
- Mint
SME stock Markolines Pavement gains 5% on bagging ₹16 crore order. Details here
Stock Market Today: SME stock Markolines Pavement gained close to 5% in the morning trades on Tuesday. The Markolines Pavement Technologies share price gains were fueled by the company bagging ₹ 16 crore order. Markolines Pavement Technologies on Tuesday 10 June 2025 made a General disclosure on the exchanges pertaining to the receipt of Work Orders from Vadodara Kim The Markolines Pavement Technologies has secured domestic orders from Vadodara Kim Expressway Pvt. Ltd for two projects for Rain Cut Repair works at its project site. In its release on the exchanges Markoline Pavement Technologies said that 'the Company has received 2 Work Orders cumulatively amounting to Rs.16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. for Rain Cut Repair works at its project site' . While the broad consideration for one project order secured by Markoline Pavement Technologies is Rs.13,81,76,997 ( ₹ 13.82 crore inclusive of GST), the other consideration for the second order procured by Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd is Rs.2,94,05,308 ( ₹ 2.94 crore inclusive of GST). This makes the total consideration of 2 work orders for Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd, at Rs.16,75,82,305 ( ₹ 16.75 crore inclusive of GST) . Markoline Pavement Technologies had to complete this domestic project order for Rain Cut Repair works at the project site by 31 July 2025. Markoline Pavement Technologies share price that opened at ₹ 152.50 on the BSE on Tuesday. The SME Stock Markoline Pavement Technologies share price at the time of opening was up more than 1% over the previous trading sessions closing price of ₹ 150.65. The Markoline Pavement Technologies however jumped to intraday highs of ₹ 158 and this translated into gains of almost 5 % during the intraday trades. Markolines Pavement Technologies' stock surged as the ₹ 16 crore work order from Vadodara Kim Expressway Pvt. Ltd. for rain cut repair projects, demonstrates the potential for growth improving investor confidence in SME stock. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
The Hindu
09-06-2025
- Business
- The Hindu
Is SMBC's Yes Bank Investment a Game-Changer for Indian Banking Policy?
Published : Jun 04, 2025 19:05 IST - 5 MINS READ India's banking sector appears poised for a structural shift, entering a new era after one defined by the rise of 'new' private banks such as Global Trust Bank and Yes Bank. In what could prove to be a new milestone, Japan's Sumitomo Mitsui Banking Corporation (SMBC), the country's second-largest banking group with assets valued at $2 trillion in December 2024, is acquiring a 20 per cent stake in Yes Bank for Rs.13,482 crore bypurchasing shares from the State Bank of India (SBI) and seven other private banks. These banks were persuaded to buy into Yes Bank's equity in 2020as part of a government-coordinated rescue effort, undertaken when the bank was on the verge of collapse. Fearing that the failure of the bank would expose the shortcomings of its policy of banking liberalisation, the government had 'arranged' that capital infusion. It may have been the understanding among the acquiring firms that once Yes Bank has stabilised itself, they could exit. But what is noteworthy about the share sale to SMBC is that it does notinvolve divesting all of the Yes Bank holding of the seven banks that acquired stakes at the time of the 2020 restructuring. The acquisition by the Japanese bank gives it a 20 per cent stake in Yes Bank. The combined stake of SBI and the seven private banks prior to this sale was 33.71 per cent. That leaves SBI with a holding of 10.78 per cent and the rest with a 2.93 per cent stake. According to reports, it was SMBC that chose to restrict its purchase to 20 per cent, and the seven banks decided to divest their equivalent stake on a pro rata basis. Since the government was responsible for the earlier acquisition, there is reason to suspect that it is involved in arranging this stake sale too. Also Read | Co-lending: Another bonanza for private capital SMBC's decision seems puzzling on the surface. Twenty per cent is by no means a small, purely financial acquisition. Yet, it does not give the acquirer control over the operations of the bank. This is partly because of the policy restraints imposed on foreign ownership in joint venture banks. While the regulatory regime has placed the cap on aggregate foreign investment in joint venture banking firms at 74 per cent, the Reserve Bank of India (RBI) currently requires holding by a single foreign investor to be limited to 15 per cent, with additional acquisitions possible only with the central bank's permission. Obtaining such permission, however, cannot ensure majority control, because of a 26 per cent cap on ownership by a single foreign investor. If a single foreign investor's holding exceeded that level, that share must be brought down to 26 per cent in 15 years. Finally, even when shareholders held stakes above 26 per cent individually, their voting rights were capped at 26 per cent. The aim of these regulations was to ensure a diversified shareholding structure in joint venture banks. Given that background, SMBC's 20 per cent acquisition appears unusual. If its intention is to increase its influence by raising its stake to the 26 per cent single-investor cap, it would, under Securities and Exchange Board of India regulations, be required to make an open offer to acquire an additional 25 per cent from other shareholders. That could take SMBC's stake to 51 per cent. Choosing to do so does not make sense, since voting rights are limited to 26 per cent. And it would in time have to unwind the excess shareholding. The only way to make sense of the SMBC decision is to see it as a first step in a process that would lead to Yes Bank being folded into a wholly owned subsidiary of the Japanese bank. RBI rules do allow foreign banks to enter the Indian banking space by establishing a wholly owned subsidiary. In fact, sections of the media have reported that SMBC is likely to approach the RBI for a licence to operate a fully owned subsidiary in India. This move also seems to have been based on information of an impending change in the stance of the RBI regarding its policy with respect to foreign investment in banks. A couple of weeks after SMBC's decision to acquire a 20 per cent stake in Yes Bank was announced, RBI Governor Sanjay Malhotra revealed, in an interview to the Times of India, that the central bank is revisiting shareholding norms and licensing rules for foreign investment in banks. That could lead to a relaxation of the requirements or eligibility conditions that need to be met by potential foreign investors in the banking space. This appears to have sparked interest among other foreign banks in entering the Indian banking sector. For instance, Emirates NBD Bank—rumoured to be the leading contender to acquire a stake in the soon-to-be-privatised IDBI Bank—recently received in-principle approval from the RBI to establish a wholly owned subsidiary in India. This suggests that the IDBI acquisition is intended to jump-start the operations of the wholly owned subsidiary. Meanwhile, other players are already poised to enter the market—Singaporean DBS Group, for instance, received a licence in 2019 to operate in India through a wholly owned subsidiary. Also Read | Importing risk into insurance But that is not all, theshareholding structure of private banks suggests that substantial equity stakes are being held by minority stakeholders who may not be averse to giving up their shares for a suitable price. This includes foreign financial investors who would be looking for a profitable exit. As of 2024, non-resident holding in 19 joint venture private banks varied from 8.8 per cent to 61.9 per cent, with five recording a more than 50 per cent foreign stake. That presence can easily transform into a single-investor majority and subsequent wholly owned subsidiary status, through the acquisition of shares from both domestic and foreign shareholders. Thus, with the RBI contemplating relaxation of its foreign investment policy and rules, Indian banking seems poised for a huge increase in foreign ownership and control. C.P. Chandrasekhar taught for more than three decades at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi. He is currently Senior Research Fellow at the Political Economy Research Institute, University of Massachusetts Amherst, US.
Hans India
01-06-2025
- Business
- Hans India
AP's pioneering energy-efficient bldg nearing completion
Visakhapatnam: It pays well to optimise and economise energy consumption, instead of ranting at authorities every time power charges are raised. The Andhra Pradesh Eastern Power Distribution Company Limited (APEPDCL) has come up with the first-of-its-kind energy-efficient building in Visakhapatnam that can slash power consumption by 50 per cent or even more, redefining architectural design and integrating innovation and sustainability. The Super Energy Conservation Building Code (ECBC) structure, built at Sagar Nagar in Visakhapatnam and targeted to save energy by at least 50 per cent compared to conventional buildings, is nearing completion. Constructed in an area of 14,400-sq. ft by the Bureau of Energy Efficiency (BEE) in collaboration with the APEPDCL and the Andhra Pradesh State Energy Conservation Mission (APSECM), the Rs.13 crore-project is backed by the BEE with a grant of Rs.5 crore. From windows that control sunlight and filter heat to cavity walls, false ceiling to air conditioners and ripple-AC-brick structure, several innovative features have been built into the innovative structure. The cavity walls include an eight-inch outer wall and four-inch inner wall. Between them there is a four-inch air gap. In addition, a 50-KW powered solar plant has been installed on the premises to ensure optimum utilisation of renewable energy. The project serves as a shining example of sustainable development in a big way. Chairman and Managing Director of the APEPDCL Prudhvi Tej Immadi emphasised, while talking to The Hans India, that the Super ECBC structure not just sets a new trend for energy-efficient development in the state, but also contributes significantly to the broader target of promoting sustainability and conserving the environment. An official from the APEPDCL shared with The Hans India that, considering that the architectural designs of the pioneering structure are not just innovative but also energy-efficient, there was scope for the building to bag an award in future. The Super ECBC building plays a key role in mitigating environmental challenges and catering to rising energy demands. They aid in slashing energy consumption as well as emissions and contribute significantly to sustainability and resilience. Besides, the structure offers economic advantages through lower operating costs and enhanced property APEPDCL has plans to utilise the two-floored structure to facilitate a host of training sessions for its employees spread over 11 districts under its jurisdiction.
