At present, NIIF holds a 59% stake, followed by 31% held by the Government of India, and SMBC holds the remaining 10% stake
The CBI has taken over the investigation of five new cases of alleged malpractices in the medical entrance exam NEET-UG that were being probed by police in Gujarat, Rajasthan and Bihar, officials said on Monday. They said the central agency has re-registered one case each from Gujarat and Bihar and three cases from Rajasthan as its own FIR, while it is also likely to take up another case from Maharashtra's Latur. Barring the case from Bihar, the other four appear to be isolated incidents of impersonation and cheating by local officials... Читать дальше...
The Supreme Court on Monday termed as "unusual" the Delhi High Court's decision of reserving the order while granting interim stay on the operation of the trial court's order granting bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case linked to the alleged excise scam. A vacation bench of Justices Manoj Misra and SVN Bhatti, which fixed June 26 for hearing Kejriwal's plea against the interim stay granted by the high court at the time of reserving its verdict on ED's plea said... Читать дальше...
Upskilling had the highest importance among professionals with over 17 years of experience, with 92 per cent of such respondents attesting to the same
The Securities Appellate Tribunal (SAT) has stayed a Sebi order that restrained former PTC India chairman and managing director Rajib Kumar Mishra from being a director in a listed entity for six months in a matter pertaining to corporate governance lapses. Following the order passed by markets regulator Sebi on June 12, Mishra ceased to be the chairman and non-executive director of PTC India Financial Services Ltd (PFS) and CMD of PTC India Ltd. PFS, promoted by PTC India Ltd, is a non-deposit-taking... Читать дальше...
India has been auctioning critical mineral blocks since November as part of efforts towards a clean energy transition
The Pune airport is a defence airport wherein commercial aircraft operations are allowed at certain periods of time under the management of the AAI
The initial public offer of luxury furniture brand Stanley Lifestyles received 5.22 times subscription on the second day of bidding on Monday. The Rs 537 crore initial share sale got bids for 5,34,55,000 shares against 1,02,41,507 shares on offer, as per NSE data. The portion for non-institutional investors fetched 8.85 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 6.10 times. The category for Qualified Institutional Buyers (QIBs) received 74 per cent subscription. Читать дальше...
With lower EMD and more focus on renewals, auctions may be muted
Over 80 per cent of the workforce in SMEs, corporate and other enterprises across Delhi-NCR prefers flexible working locations instead of conventional offices, indicating a need to adapt to the changing climatic conditions, said a survey. According to 'Hot Summer@Work 2024' survey conducted by The Office Pass (TOP), a flexible co-working space provider, 35 per cent of respondents preferred to come to office 2-3 times a week, indicating a desire for a balanced approach between office and home. Working... Читать дальше...
Indian lenders invested heavily in expansion, opening new branches, adding customers and boosting technology infrastructure to continue as the fastest-growing major economy in the world
An influx of aid appears to have eased a hunger crisis in northern Gaza for now, but the entire territory remains at high risk of famine after Israel's offensive in Rafah caused displacement and the disruption of aid operations in the south, a draft report said Monday. The report by the leading international authority on the severity of hunger crises said nearly everyone in Gaza is struggling to get enough food and that more than 495,000 people, or greater than a fifth of the population of 2.3 million... Читать дальше...
Priced at Rs 20,999 onwards the smartphone will be available from June 27 on OnePlus store app, e-commerce platform Amazon India, and at select retail outlets
The Ministry of External Affairs (MEA) rendered 1.65 crore passport-related services to citizens in 2023, registering an annual growth of nearly 15 per cent. External Affairs Minister S Jaishankar said this while commending the personnel for efficient passport-related service delivery. The MEA commemorated the 12th Passport Seva Divas on Monday to mark the enactment of the Passports Act on June 24, 1967. Coinciding with this, a three-day Regional Passport Officers (RPO) conference was organised in Delhi. Читать дальше...
The MoU will assist in enhancing professional acumen, provide deep insight into strategic affairs, and assist in sharing best practices
In her letter, Mamata Banerjee noted that states were permitted to conduct their entrance examinations for medical courses before 2017, and this arrangement operated without issues
Smallcap holdings came into focus amid Sebi probe over front-running
Auto components industry body ACMA on Monday called for incentivising capex expenditure, increasing depreciation rates on plant and machinery and rationalising GST rates on EVs and its components, ahead of the upcoming Budget 2024-25. In its recommendations submitted to the Ministry of Finance and the nodal ministry for automotive industry, the Ministry of Heavy Industries, ACMA also asked the government for clarification of tax deductions on business benefits and perquisites under Section 194R while... Читать дальше...
PV business will invest in vehicle platforms, products; CV business will focus on spares, smart mobility solutions to reduce the volatility of vehicle sales
Sebi uses various algorithms, data analytics, and supervision technology to track instances of front-running and insider trading
The Enforcement Directorate on Monday told the Delhi High Court that the trial court order granting bail to Chief Minister Arvind Kejriwal was based on "perverse" findings as it did not consider the material demonstrating his "neck deep involvement" in the offence of money laundering linked to the alleged excise scam. In a written note filed in relation to its plea seeking a stay on the trial court's decision, the agency contended the order suffers from a "jurisdictional defect" since it was not given a proper opportunity to argue its case. Читать дальше...
State-owned Ireda sanctioned Rs 37,354 crore loan and disbursed Rs 25,089 crore in FY24, the company's CMD PK Das said on Monday. In the company's annual general meeting, the CMD also said that the net worth stood at Rs 8,559 crore at the end of the March quarter, a company statement said. "IREDA achieved its highest-ever sanction of Rs 37,354 crore and disbursement of Rs 25,089 crore in FY24," Das said. Ireda, under the Ministry of New and Renewable Energy, is a non-banking financial institution engaged in promoting... Читать дальше...
A court here on Monday remanded former MP Prajwal Revanna, who was arrested on charges of rape and sexual abuse against several women, to 14 days judicial custody. As his custody under the Special Investigation Team (SIT), which is probing the cases, ended on Monday, he was produced before the court, which remanded him to judicial custody. The 33-year-old grandson of JD(S) patriarch and former Prime Minister H D Deve Gowda had failed in his bid to retain the Hassan parliamentary constituency in the recent polls. Читать дальше...
Swaminathan said that SLBCs should conduct detailed analyses to identify the root causes of stagnant credit growth in certain jurisdictions
India is set to host the International Sugar Organization (ISO) Council Meeting from June 25-27, in the national capital, bringing together delegates from over 30 countries to discuss critical issues in the sugar and biofuel sectors. As the world's largest consumer and second-largest producer of sugar, India has been nominated to chair the ISO for 2024, an official statement said. The event kicked off with an industrial tour to a grain-based distillery in Muzaffarnagar, Uttar Pradesh, on June 24... Читать дальше...
