Hyundai Motor's Indian arm has filed preliminary papers with SEBI for a $2.5-$3 billion IPO. The company aims to raise funds by selling shares through a public offer.
This buyback, amounting to Rs 301 crore, represents up to 1.64% of the company's total paid-up equity share capital as of March 31, 2024 (excluding 45 lakh equity shares held by the Trust in Treasury), the company said in an exchange filing.
Odisha Minister Krushna Chandra Mahapatra, part of the newly-elected BJP government, vows to prioritize solving people's basic issues and ensure "no corruption" in the double-engine government. The government focuses on providing housing solutions and addressing the plight of slum dwellers. This marks a significant change in Odisha's political landscape.
The director of NCERT responded to accusations of saffronisation in curriculum and textbooks by explaining that references to the Gujarat riots and Babri Masjid demolition were revised. This decision was made because teaching about such events could potentially contribute to the creation of citizens prone to violence and depression. The NCERT is currently updating school textbooks in accordance with the National Education Policy (NEP) 2020.
Union Minister Giriraj Singh highlighted that decisions regarding 1,563 NEET-UG candidates receiving "grace marks" were made in accordance with student feedback. Education Minister Dharmendra Pradhan assured transparency in handling alleged irregularities, emphasizing no paper leak occurred. The National Testing Agency plans re-exams for affected candidates following Supreme Court directives
The Calcutta High Court has instructed the West Bengal government to implement a one percent reservation for transgender persons in all public employment within the state. Despite the government's policy of ensuring equal treatment in employment for transgender individuals, the court observed that the specific reservation had not yet been implemented.
UBT Shiv Sena's Uddhav Thackeray criticized PM Modi's false promises and highlighted the diverse support for MVA nominees in the LS elections.
Delhi Minister Saurabh Bhardwaj accused individuals of deliberately causing water leakages to sabotage pipelines. He urged vigilance from locals in South Delhi. He leader called for protection of major pipelines, as leaks worsen water crisis. Delhi Water Minister Atishi requested police deployment to prevent tampering with lifelines. BJP protested water scarcity in the National Capital, seeking intervention from Haryana government to address the issue.
ISRO chairman S Somanath stresses the need to create internal demand for rockets, referencing PSLVs, SpaceX, and Blue Origin's strategies.
Federer highlighted that in tennis, maintaining focus and perseverance is crucial, especially after the initial hours of play when mental fatigue sets in. This long-term perspective is essential in investing as well. Many investors experience initial success, known as beginner’s luck, but they exit the market after facing losses
Union Law Minister Arjun Ram Meghwal expressed hope for implementing the Uniform Civil Code, citing states like Goa and Uttarakhand. BJP manifesto includes UCC. JDU seeks consensus on UCC implementation.
PM Modi and PM Kishida discussed enhancing ties, focusing on key projects and investments, and expressed satisfaction with the progress in the India-Japan partnership.
A study by marine biologists reveals insights into bioluminescence, with focus on octocorals. These soft-bodied corals possess the ability to produce light through internal chemical reactions. Despite its widespread occurrence, the origins and original function of bioluminescence remains unknown.
Om Birla stated that the decisions regarding the appointment of the Speaker and Deputy Speaker of the Lok Sabha are made by political parties and that he was not involved. He highlighted the inauguration of the 'Prerna Sthal' within the Parliament premises, which houses statues of leaders to inspire current and future generations. Vice President Jagdeep Dhankhar will inaugurate the site, with a focus on sharing the life stories and messages of these leaders using new technology.
Travelling during this time can be as challenging as it is beautiful. Here are some tips to follow and make the most out of your trips.
The 2024 T20 World Cup advances to its Super Eight stage starting June 19, featuring India, Australia, England, Afghanistan, West Indies, South Africa, and the USA. Excitement builds for the June 24 India vs. Australia rematch. India secured their spot atop Group A with three wins. Bangladesh or the Netherlands will claim the final spot. Matches will unfold across Antigua, Barbados, St Lucia, and St Vincent.
The Indian government has finalized a standard operating procedure (SOP) to expedite visa approvals for Chinese professionals needed by manufacturing units under the PLI scheme. This move aims to address delays in visa processing for technicians essential for installation, repairs, and training in sectors like textiles and automobiles
Ahead of the listing, the company's shares are trading with a premium of Rs 29-30 in the unlisted market. If the current trends are sustained, the shares are expected to list with a premium of 32%. Ixigo IPO was priced at Rs 93 at the upper end.
Sanjay Manjrekar emphasizes the importance of experienced players like Virat Kohli and Rohit Sharma delivering in crucial T20 World Cup matches despite their recent form struggles.
Italian Prime Minister Giorgia Meloni has shared a video of herself alongside Prime Minister Narendra Modi during the recently concluded G7 Summit meeting in Italy.
Sales of affordable homes priced up to Rs 60 lakh each declined 4% in eight major cities to 61,121 units during January-March due to lower supply and higher demand for luxury apartments, as per PropEquity data.
PwC India anticipates an upswing in India markets, especially in small to mid-size M&A transactions and growth fundings. Sanjeev Krishan highlights diverse M&A strategies, PE investment trends, and top deals. The firm aligns with India's 'Viksit Bharat' agenda and emphasizes emerging technologies and ESG integration.
Canadian PM Trudeau looks forward to hosting the G7 Summit in 2025 in Kananaskis, Alberta. The strained diplomatic ties between India and Canada were discussed during the recent G7 Summit in Italy's Apulia.
Godrej Appliances aims to become a billion-dollar company by the end of FY25 with a 30% growth in sales, focusing on new product launches and market expansion.
