Changes to MF overseas investment framework, ESG disclosures also on the cards at Thursday's board meet
Warburg Pincus, Temasek Holdings and JP Morgan Investment on Monday divested a total of 13 per cent stake in CarTrade Tech for Rs 535 crore through open market transactions. Highdell Investment, an arm of US-based Warburg Pincus, sold the shares of CarTrade Tech while Singapore's sovereign wealth fund Temasek Holdings' affiliate MacRitchie Investments offloaded shares of the company on the BSE. CMDB II, a private equity fund run by JP Morgan Investment Management also sold the shares of CarTrade... Читать дальше...
Special rights will now be cancelled at the time of listing instead of at the time of filing offer document
A gauge of the largest 100 digital assets fell about 5% in the seven days through Sunday, the steepest such slide since April, data compiled by Bloomberg show
FSIB will recommend the name and the final decision would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi
Travel booking platform ixigo on Monday announced that it has expanded its exclusive partnership with PhonePe to offer flight and bus bookings on the fintech platform's app. The two companies had joined hands to offer booking services for trains. The expanded partnership will enable over 54 crore PhonePe users to experience more comprehensive travel booking and utility services for flights, trains and buses, ixigo said. As part of the collaboration, ixigo will exclusively power these travel booking options on PhonePe... Читать дальше...
Amara Raja Advanced Cell Technologies Pvt Ltd on Monday said it has signed a licensing agreement with GIB EnergyX Slovakia s.r.o., for lithium-ion cells technology. As part of the agreement, GIB EnergyX, a subsidiary of Gotion High-Tech Co Ltd, will license Gotion's 'LFP technology' for lithium-ion cells to Amara Raja Advanced Cell Technologies (ARACT), a wholly-owned arm of Amara Raja Energy & Mobility Ltd (ARE&M), the company said in a statement. "This comprehensive agreement enables Amara... Читать дальше...
New Delhi [India], June 24: Appy Pie, a leading app builder, announces the launch of its innovative website-to-app converter to convert website to app. This platform enables users to convert their websites into fully functional mobile apps for Android and iOS devices without any coding skills.
Bengaluru (Karnataka) [India], June 24: In a move to elevate rural health and hygiene, The Art of Living and Kent have solidified a joint venture aimed at distributing Kent Gold UF (Optima) water filters across India - top quality, free of charge. The Memorandum of Understanding (MOU) was signed on 10 June 2024 in Delhi. Present at the signing ceremony were key figures including Shri Prasana Prabhu, Chairman of The Art of Living Social Projects, and Shri Mahesh Gupta, Managing Director, Kent while... Читать дальше...
The main benefit of a senior citizen plan is witnessed at the time of issuance
The National Investigation Agency (NIA) on Monday charge-sheeted eight people suspected to be a part of a transnational syndicate trafficking Rohingyas and Bangladeshis into India using forged documents. The agency has named Jalil Miah, Hanan Miah, absconder Kajal Sarkar, Adhir Das and Anwar Hussain alias Mama -- all of whom were operating from the northeastern state of Tripura -- in its supplementary charge sheet filed before a special court in Guwahati, an official statement said. "Others charge-sheeted... Читать дальше...
Chennai (Tamil Nadu) [India], June 24: Skyesports, a premier global IP and community builder for gaming and esports, has unveiled THE FINALS Esports Revolution Showdown, an intense esports tournament with the country's top gamers as a LAN event in Chennai, India.
For FY24, the net invisibles receipt was higher during 2023-24 than a year ago, primarily on account of services and transfers, RBI said
Jain Global will start trading July 1, according to people familiar with the matter. Investors include endowments, foundations, family offices, bank wealth platforms and sovereign wealth funds
Management says Havells aspires to be among the top-5 players in large kitchen appliances (market size around Rs 12,000 crore) where it has made a foray
New Delhi [India], June 24: After the first successful cohort of its on-campus undergraduate program in collaboration with Rishihood University, Newton School of Technology (NST) has partnered with Ajeenkya DY Patil University (ADYPU) in Pune. This exclusive partnership will offer India's first industry-driven, global B.Tech degree in Computer Science and Artificial Intelligence. This comes after NST received overwhelming applications pouring in from all parts of India. With the latest partnership... Читать дальше...
New Delhi [India], June 24: AdvantageClub, a leader in innovative employee engagement solutions, announces its strategic rebrand to AdvantageClub.ai. This significant shift underscores their commitment to integrating artificial intelligence into their platform, enhancing their offerings, and setting new standards in the HR technology industry. As part of this rebranding, they are also proud to introduce ADVA, their advanced AI assistant, designed to transform how organizations engage with their employees.
The BJP has begun consultations with its allies on the ruling NDA's candidate for the Lok Sabha Speaker's post while the opposition INDIA bloc is considering its options and may force a contest to score political points, sources said on Monday, a day before the filing of nomination for the key position. The National Democratic Alliance (NDA), which enjoys a clear majority in the Lok Sabha, gave little indication about its choice as it weighs its options and looks to deny the opposition any opportunity to mount a political attack. Читать дальше...
Pakistan's government recently approved a 'reinvigorated and re-energised' national counter-terrorism campaign, called 'Operation Azm-i-Istehkam'
Siliguri (West Bengal) [India], June 24: Modicare Limited, one of India's leading direct selling companies, embarks upon the next phase of its historic roadshow, 'Atoot Bandhan Rishta Dil Ka', as it completes 28 successful years. Following the overwhelming success of the inaugural roadshow in Odisha and West Bengal earlier this year, the next phase of the journey in North Bengal will be flagged off by Samir K Modi in Siliguri on 23rd June. Over the course of 5 days, the roadshow will cover over 750 kms across nine cities - Siliguri... Читать дальше...
India's third largest cement manufacturer Shree Cement on Monday announced achieving installed power capacity of 1,000 MW with the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh unit. "The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement's diversified approach to meeting the electricity demand for cement production," the Bangur family-promoted firm said in a statement. The company has made an investment... Читать дальше...
The Centre on Monday made public the rules under the recently-notified anti-paper leak law, mandating the National Recruitment Agency (NRA) to prepare norms, standards and guidelines for the computer-based tests among others. The rules were notified within days of operationalising The Public Examinations (Prevention of Unfair Means) Act, 2024 -- the first-ever national law against the use of unfair means to rig recruitment exams conducted by various public bodies. The Public Examinations (Prevention of Unfair Means) Bill... Читать дальше...
The first Cabinet meeting of the new TDP-led government in Andhra Pradesh, headed by Chief Minister N Chandrababu Naidu approved the recruitment of 16,347 teachers, abolition of the Land Titling Act and hiking of welfare pensions among other decisions on Monday. Information and Public Relations (I & PR) Minister K Parthasarathy said the Cabinet gave an assurance to all sections of people that the state government would implement all the poll promises. "First and foremost, the Cabinet approved... Читать дальше...
The government's focus on improving the state of agriculture in India and several initiatives taken by it to drive higher rural incomes are likely to support to sustain the tractor demand momentum despite industry sales witnessing a decline of 7 per cent, according to Swaraj Engines Ltd. The company, which supplies diesel engines for tractors manufactured by M&M Swaraj Division, in its annual report for 2023-24, said the growing horticultural segment in the country also offers good opportunities... Читать дальше...
The 16th Finance Commission would address the issues pertaining to the distribution of freebies and compensation for providing green cover, Chairman Arvind Panagariya said on Monday. Speaking with reporters here after deliberations with the Himachal Pradesh government, Panagariya said that expectations and needs of the state have been discussed and a 90-slide presentation was given by the officials which emphasized that the cost of everything is much higher in the state due to its difficult terrain. Читать дальше...
