Rays Power Infra secured new projects worth Rs 833 crore in the first quarter of the current fiscal, adding over 680 MW to its existing portfolio. The company's commitment to delivering high-quality projects and maintaining growth momentum is evident, as stated by Whole-Time Director Pawan Sharma.
On Monday, around 600 pollution under control centres (PUCCs) at 400 petrol pumps in Delhi remained closed due to a strike called by petrol dealers protesting the Delhi government's proposed hike in pollution certificate charges. Despite this, the impact was limited as other PUCCs remained operational. Delhi issues about 3.5 lakh PUC certificates monthly, with the strike affecting daily issuance rates. The government plans to raise charges by Rs 20 to Rs 40 for petrol, CNG, and diesel vehicles, citing the first increase in 13 years... Читать дальше...
Temasek, the Singaporean investor, plans to invest $10 billion in India over three years, focusing on financial services and healthcare amid India's economic boom and stock market highs. This move reflects Temasek's shift away from China due to economic and geopolitical tensions. With investments in HDFC Bank, Ola Electric, and Manipal Hospitals, Temasek sees India's healthcare sector as a long-term growth opportunity. The strategy aims to capitalize on India's expanding market potential while diversifying its global investment portfolio.
India's platinum imports surged in June as dealers exploited a loophole by registering gold alloys as platinum to avoid higher duties. This led to revenue loss for the government and distorted market prices. The situation highlights the need for a review of import rules to prevent such practices.
Recent events in Manipur's Jiribam district have raised tensions, with a CRPF jawan killed and three others injured in a suspected militant ambush. The violence comes after a farmer's killing and has led to hundreds seeking shelter. At Dhanamanjuri University, students are protesting over staff appointments and exam disruptions, prompting a response from university authorities. The situation remains fluid as authorities work to address the concerns of the students and restore normalcy.
Zee's share price has steadily declined following the collapse of its planned $10 billion merger with Sony Group. After two years of negotiations, the Japanese firm made multiple filings with India's National Company Law Tribunal (NCLT) to withdraw from the deal, causing a significant setback for Zee.
Domestic equity benchmarks reached new closing peaks on Monday, driven by gains in state-owned firms. The S&P BSE Sensex finished 0.18% higher at 80,665, while the NSE Nifty50 closed above the 24,550 mark. Analysts suggest a positive near-term trend for Nifty, expecting further gradual gains towards 24,950 over the next week, with immediate support seen at 24,450.
Actor Sharon Stone, at 66, revisits her iconic role from "Basic Instinct." Known for its controversial scenes, the movie defined her as a sex symbol. Despite setbacks, Stone remains active, engaging her audience through social media.
The Supreme Court upheld NPPA's Rs 4.65 crore recovery from Sun Pharma for Roscilox overpricing (April 1996 - July 2003). The appeal was rejected owing to inconsistencies and Paragraph 13 of DPCO. Delhi HC found overlap with Oscar Laboratories. Sun Pharma, acting as dealer and distributor, lacked documentation, with direct contact as per DPCO definitions.
There have been multiple lapses that have been identified in a recent incident involving the attempted assassination of former US President Donald Trump. There is an inquiry being conducted. The role of the US Secret Service is under sharp focus.
Wiz Khalifa was arrested in Romania after smoking marijuana on stage during a festival performance. Wiz Khalifa has a history of publicized drug use. Last year, he admitted to being high on magic mushrooms while throwing a baseball pitch.
England boss Gareth Southgate has admitted something surprising right after England's humiliating defeat in the Euro Cup 2024 finals. Southgate claimed that Harry Kane failed to meet due expectations during the Euro Cup 2024, a statement that has shocked fans across the globe.
Ganapathy Subramaniam (ex-Celesta Capital), and Mathew Cyriac, (ex-Blackstone) will lead the firm, while Lip-Bu Tan of VC fund Walden International will join as fund advisor and Karthik Madathil (ex-Texas Instruments) will be a partner.
Despite earlier financial difficulties and a ransomware attack delaying results, SpiceJet reported a 19% year-on-year decrease in consolidated revenue to Rs 1,738 crore for the fourth quarter. However, on a standalone basis, the airline saw a sixfold increase in net profit to Rs 119 crore, with standalone EBITDA rising 12% to Rs 386 crore.
The Supreme Court will soon decide on the listing of Vodafone Idea Ltd's curative petition related to adjusted gross revenue (AGR) dues. The company's new backers are seeking to know its exact liability towards AGR dues, citing DoT's errors in computing the final demand. The apex court had previously rejected Vodafone Idea's petition for rectification of alleged errors in the calculation of AGR dues payable by the company.
"All American" Season 6 episodes will release on Netflix this month. Fans can also watch the show on "The CW".
The Union Health Ministry is set to direct the BCCI to halt hoardings advertising smokeless tobacco at cricket venues, aiming to reduce youth exposure to tobacco products. Concerns have risen over surrogate advertisements featuring tobacco brands during matches, indirectly targeting young spectators. These ads, often endorsed by celebrities, skirt regulations by posing as ads for pan masala or mouth fresheners. The initiative aligns with existing laws prohibiting tobacco promotion in media and aims... Читать дальше...
The private space sector has high expectations from Finance Minister Nirmala Sitharaman's upcoming budget, including import holidays, tax exemptions, PLI, and government support. Industry bodies are urging for increased government expenditure and adoption of space technology solutions in various sectors. Budget also seen as crucial for regulatory framework and startup growth.
NPR/PBS News/Marist National Poll asked the respondents who they would vote for if the 2024 US Presidential Election is held today. See what the US voters have said about Democrat contender Joe Biden and Republican leader Donald Trump.
The benchmark S&P 500 index jumped about 4% in the reported quarter, boosting BlackRock's assets under management to $10.65 trillion, up from $9.43 trillion a year earlier and $10.5 trillion in the first quarter.
State Bank of India (SBI) has introduced a new 444-day deposit scheme with 7.25% interest, 15 basis points higher than the prevailing rate. The bank's higher rate comes after raising the benchmark marginal cost of fund-based lending rate by 5 to 10 basis points. The Reserve Bank of India warns banks of possible systemic risk due to persistent credit growth outpacing deposit growth.
Indian Railways has awarded start ups with 23 innovation projects worth Rs. 43.87 crore to improve services. Solutions target various concerns like elastomeric pad design, light weight wagons, rail stress monitoring, and track inspection technologies.
