The pharma major informed that M. K. Hamied has resigned from his position of vice chairman and non-executive director with effect from the close of business hours on Oct. 29 due to age and health.
The failed merger between Zee and Sony has impacted market dynamics.
Ahead of the November 5 US presidential elections, an Indian diaspora group has launched a campaign to increase the policy impact and participation of Indian-American voters in the polls. Launched by non-profit institution Foundation for India and Indian Diaspora Studies (FIIDS), the "Indo American Votes Matter" campaign underscores the critical role the community can play in shaping the nation's future, a statement issued on Tuesday said. "As a vibrant and growing immigrant minority, Indo-Americans--... Читать дальше...
Shares of Transport Corporation of India will trade ex-date today for the share buyback, while Prince Pipes and 8 others will trade ex-dividend today
Aditya Birla Fashion and Retail, Balrampur Chini Mills, Hindustan Copper
The flagship firm of Indian billionaire Gautam Adani's group plans to raise as much as Rs 800 crore ($95.3 million) through the issuance
GIFT Nifty:
A group of eminent Indian-Americans has launched a grassroots campaign in support of Democratic presidential nominee Kamala Harris in key battleground states. Vice President Harris, 59, who is of mixed parentage, her mother immigrated to the US from Chennai and her father moved to the country from Jamaica, is up against Republican candidate and former president Donald Trump, 78. The "Indian Americans for Harris" campaign -- launched on Tuesday -- aims at ensuring that the presidential elections make... Читать дальше...
The 78-year-old billionaire faces as long as four years behind bars in the hush money case, though a far shorter sentence or even probation is also possible
The Securities and Exchange Commission said Tuesday that Moody's and S&P will each pay $20 million to settle the cases, while Fitch will pay $8 million
Bond yields on global investment-grade corporate debt averaged 4.52 per cent as of Tuesday's close, near their lowest level in about two years
In response to Chief Minister Manik Saha's call, financial aid is being deposited into the relief fund daily, reflecting a strong humanitarian response from the community
Lenders have been trying to force Byju's into an insolvency proceeding in a court in India for months, but with limited success
Acting on an NGT order, the Delhi Forest Department has asked the Transport Department to hand over 50,895 square metres of land to it and also pay more than Rs 40 lakh to carry out compensatory plantation for trees felled at a cluster bus depot in Burari, according to official documents. The action is part of a broader enforcement effort to ensure environmental regulations are met following the felling and transplantation of trees, officials said. The Forest Department's communication, dated August 23... Читать дальше...
The US, Asian markets slump on rate cut worries; Gala Precision IPO close, ECOS (India) IPO listing on radar
A man arrested last week at a Pennsylvania rally for Republican presidential candidate Donald Trump had hoped to hang a banner to protest Trump's policies, Johnstown's police chief said Tuesday. Authorities announced that misdemeanor charges of disorderly conduct and resisting arrest were filed against Stephen A. Weiss, 36, of Pittsburgh, who was taken into custody at Friday's Trump rally. Johnstown Police Chief Richard Pritchard said investigators do not know what the banner said because arena staff apparently discarded it. Читать дальше...
An attempted jailbreak in Congo's main prison left 129 people dead, including some who were shot by guards and soldiers and others who died in a stampede at the overcrowded facility, authorities said Tuesday. One prominent activist put the death toll at more than 200. A provisional assessment showed that 24 inmates were fatally shot by warning" shots fired by guards as they tried to escape from the Makala Central Prison in the capital Kinshasa early on Monday, Congolese Interior Minister Jacquemin Shabani said on the social media platform X. Читать дальше...
AAP MLA Kunwar Vijay Pratap Singh on Tuesday raised the issue of poor civic amenities in Amritsar, such as sewerage, drinking water and garbage collection, claiming the "city has turned into hell". Raising the issue on the second day of the three-day long Punjab Assembly session through a call attention notice, the ruling party legislator also pointed out the "lackadaisical" attitude of the officers concerned, claiming that they were not following the directions of ministers. "I would like to call... Читать дальше...
Indian markets were likely to open lower on Wednesday, dragged down by a sharp sell-off in global markets after weak manufacturing data in the US.
Most central banks were expected to start cutting interest rates sometime this year, or have already done so, with the US Federal Reserve predicted to start at its Sept. 17-18 meeting
Delhi Lieutenant Governor V K Saxena late on Tuesday night asked MCD commissioner to notify the appointment of deputy commissioners as presiding officers for MCD ward committee polls after Mayor Shelly Oberoi did not do so. The last-minute intervention by the LG using special powers granted under the DMC Act, and in "larger public interest", ends uncertainty over the polls that are scheduled to be held on Wednesday, September 4. The LG passed the order soon after a central gazette notification was... Читать дальше...
The Centre has given absolute powers to the Delhi lieutenant governor to constitute any authority, board and commission such as the Delhi Commission for Women and the Delhi Electricity Regulatory Commission. In a notification, the Union Home Ministry said the Delhi LG can also appoint members to such authority, board, commission or statutory bodies. The notification has been issued in pursuance of clause (1) of article 239 of the Constitution read with section 45D of the Government of National Capital Territory of Delhi Act, 1991 (1 of 1992). Читать дальше...
Elon Musk's satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice's order to block the billionaire's social media platform, X. Starlink said in a statement posted on X that it will heed Justice Alexandre de Moraes' order despite him having frozen the company's assets. Previously, it informally told the telecommunications regulator that it would not comply until de Moraes reversed course. Regardless of the illegal treatment of Starlink in freezing our assets... Читать дальше...
The Nifty PSU Banks Index is currently range-bound, oscillating between the levels of 7,090 and 6,910. This indicates a phase of consolidation, where the index lacks clear direction
MK Hamied has resigned as Vice Chairman of Cipla, effective October 29. Kamil Hamied will join the board as a Non-Executive Director starting November 1.
