FMCG companies have been affected by consumers being tight-fisted in rural India for over a year, impacting their volumes
Life and general insurers have been asked to appoint nodal officers to manage claims related to landslides
Assam Chief Minister Himanta Biswa Sarma on Sunday said his government will soon introduce a law for life imprisonment in cases of love jihad'. Speaking at the state BJP executive meet here, he said, We spoke about love jihad' during the elections. Soon, we will bring a law, which will award life imprisonment in such cases. Sarma also said a new domicile policy will be introduced soon, under which only those born in Assam will be eligible for state government jobs. He maintained that indigenous people... Читать дальше...
Lakshya Sen was undone by nerves, defending champion Viktor Axelsen said after defeating him in the Olympic semifinals but also predicted that the Indian youngster would be among the favourites to win a gold medal four years from now in the Los Angeles Games. Axelsen defeated Sen 22-20 21-14, managing to rally in both the games against the talented Indian player who will now play for a bronze medal on Monday. "Lakshya is an amazing player. He has shown in this Olympics that he is a very, very strong... Читать дальше...
Tokyo Olympics bronze-winning Indian boxer Lovlina Borgohain (75kg) bowed out of the ongoing Paris Games after losing a hard-fought quarterfinal bout to China's Li Qian here on Sunday. Borgohain went down 1-4 in a messy contest during which both the boxers were repeatedly cautioned for clinching and holding. Her loss ended India's boxing campaign in the Olympics after Nishant Dev was ousted from the men's 71kg quarterfinals on Saturday night. A six-strong contingent, comprising four women and two men, was representing India in the Games.
Telecom regulator Trai's new quality of service norms with stricter provisions have come without much change in challenges that telecom operators face on ground in terms of roll-out, illegal transmitters etc, industry body COAI said on Sunday. The Telecom Regulatory Authority of India (Trai) has issued new quality of service rules on Friday, making it mandatory for telecom operators to compensate subscribers in case of service outages for more than 24 hours at a district level. Trai has also increased... Читать дальше...
The proposal was presented in a meeting called by the labour department with various stakeholders in the industry recently
The finance ministry has asked state-owned general insurance companies to focus on profitable businesses and not to chase top-line but aim for improving profitability. The government has recently infused Rs 7,250 crore in installments in three public sector general insurance companies -- National Insurance Company Limited, Oriental Insurance Company Limited, and United India Insurance Company. "We have been monitoring performance of state-owned general insurance companies and as a result they have started looking up. Читать дальше...
A battle-hardened PR Sreejesh gave a big fillip to the Indian hockey team's aspirations of winning a second consecutive Olympic medal with his splendid shootout saves in a 4-2 victory over Great Britain that earned his side a place in the semifinals of the Paris Games here Sunday. Playing most of the match without key defender Amit Rohidas, who was shown a red card for hitting a rival player with his stick, the team did extremely well to hold Great Britain to 1-1 in regulation time. Great Britain... Читать дальше...
Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), paid its first-ever dividend of Rs 44.43 crore to its parent company on Sunday. This milestone follows BCCL's achievement of clearing its accumulated losses and reporting a net profit of Rs 1,564 crore for the financial year 2023-24, with a turnover of Rs 13,216 crore. BCCL chairman-cum-managing director Samiran Dutta formally handed over the dividend to CIL chairman P M Prasad at a ceremony. The dividend payment was approved... Читать дальше...
Democratic presidential nominee Kamala Harris has rejected her Republican rival Donald Trump's offer to shift the presidential debate to the Fox News channel, media reports said on Sunday. Trump, 78, and President Joe Biden -- who was then in the race to the White House -- agreed in May to participate in two presidential debates. The first was in June, hosted by CNN, and the second - to be hosted by ABC News - was scheduled for September 10. Biden withdrew from the race last month, following which Vice-President Harris... Читать дальше...
Over 370 people, including devotees and locals stranded on the rain-ravaged trek route to Kedarnath, have been evacuated and sent to Lincholi to be airlifted as the rescue operation entered its fourth day. Chief Executive Officer of Shri Badrinath Kedarnath Temple Committee Yogendra Singh said that these 373 people who left from Kedarnath with rescuers, including teams of SDRF and NDRF, for Lyncholi from where they will be airlifted to safer places via helicopter. Meanwhile, 570 passengers are also... Читать дальше...
Union Home Minister Amit Shah on Sunday slammed the opposition parties for raising questions about the strength of the NDA government at the Centre, saying the alliance will not only complete its term but also form the government in 2029. Shah made the remarks addressing a gathering here after inaugurating the 24x7 Manimajra water supply project. Lauding the Modi government for its works, he said, "I want to say that the 10- year period from 2014 to 2024 will be inscribed in golden letters in history... Читать дальше...
At present, around 93 per cent of its business comes from the retail, agriculture, and micro, small and medium enterprise (MSME) sectors
History and tech power have ensured India remains at the forefront of the global visual effects business
Union Minister Anupriya Patel on Sunday reiterated her demand of implementing reservation in fourth-class jobs in the private sector. "Reservation is not followed in appointments done in fourth-class posts via outsourcing in the private sector. The people of deprived sections used to get fourth-class jobs. When recruitment on these posts are done through outsourcing, no reservation law is followed," Patel said while talking to reporters. "Our party wants reservation should be followed in all the... Читать дальше...
Indian crypto firms are exploring ways to introduce plans aimed at protecting customer funds on their exchanges following a security breach at WazirX that resulted in the theft of over $230 million
Prime Minister Narendra Modi on Sunday condoled the demise of Bharatanatyam and Kuchipudi veteran Yamini Krishnamurti and said her dedication to Indian classical dance has left an indelible mark on the cultural landscape. Krishnamurti died at the Apollo hospital here on Saturday. She was 84. "She was suffering from age-related issues and was in the ICU for the last seven months," Krishnamurti's manager and secretary Ganesh had told PTI. In a post on X, Modi said, "Pained by the passing away of Dr. Читать дальше...
Food delivery aggregator Zomato, which began charging platform fee on orders from last August, collected Rs 83 crore through the new levy till March, the company's annual report has revealed. Platform fee has been cited as one of the three key factors driving Zomato's Adjusted Revenue, which grew 27 per cent year-on-year to Rs 7,792 crore in FY24. "Adjusted Revenue as a percentage of GOV (gross order value), continued to increase primarily due to increase in restaurant commission take-rates, improvement... Читать дальше...
The Gujarat government has decided to extend the ban on fishing activities in the Arabian Sea by a fortnight till August 15, a move the Congress claimed to be "unfair and reckless" which will cause financial losses to fishermen. A senior official from the Gujarat fisheries department on Sunday said the decision was taken in consultation with the central government after considering a representation made by the fishermen's association to allow more time for fish to breed. The government also took... Читать дальше...
Amara Raja Energy & Mobility (ARE&M) has posted about 26 per cent rise in consolidated net profit at Rs 249.12 crore for June quarter FY25. It had reported a net profit of Rs 198.31 crore for April-June period of 2023-24, the company said in an exchange filing on Saturday. Revenue from operations rose to Rs 3,263.05 crore from Rs 2,796.27 crore in the year-ago quarter. Revenue growth was aided by year-on-year healthy volumes registered in the automotive after-market, OEMs (original equipment manufacturers)... Читать дальше...
After the revision in reserve price, NARCL and Omkara ARC put in binding bids to acquire the portfolio of NPAs, and subsequently, an auction was conducted to determine the winning bidder
In a shot in the arm for redevelopment of Asia's biggest slum, a newly formed association of residents of Dharavi and its vicinity has lent its support to ongoing state government-led survey of informal tenements, a precursor to the USD 3-billion project by the Adani group that promises to transform lives of an estimated one million residents. "We request the survey be conducted at the earliest possible time to ensure that the redevelopment can move forward without further delays," Citizen and Society... Читать дальше...
Home-grown social media firm Mohalla Tech, which owns ShareChat platform, on Sunday said it has raised Rs 134 crore, or USD 16 million, through debt bonds from Singapore-based investment firm EDBI. With this fresh fundraise the company has expanded its ongoing convertible debentures round to USD 65 million. "ShareChat expands its convertible debentures round to USD 65 million, as Singapore-based EDBI joins the round," the company said in a statement. In April this year, ShareChat raised USD 49 million... Читать дальше...
War of words between Hindujas and lenders over escrow account
