Reliance Jio Q1 Results: The Reliance Industries' telecom subsidiary reported revenue from operations at Rs 26,478 crore, an increase of 10% from Rs 24,042 crore reported in the corresponding period of the previous financial year. The standalone revenue was up 2% on a quarter-on-quarter basis from Rs 25,959 crore reported in the January-March quarter.
Md Akram of Axis Bank was detained for Shivani Tyagi's July 12 suicide. Bullied since October 2023, she resigned after a conflict in Sector 128 and received a retaliatory termination notice. A FIR was filed under BNS section 108 at Nandgram police station. Quess Corp issued a show-cause letter. Police gather evidence.
According to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field and a 0.737 per cent shareholding in the Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary, ONGC BTC Limited.
Karnataka's job reservation bill, currently on hold, poses significant challenges for businesses, say HR experts. They emphasize that employment should be based on skills, not domicile, and highlight the importance of skilling to meet industry demands. The bill mandates local hiring quotas, risking talent acquisition issues, compliance costs, and reduced competitiveness.
Telangana might become the state that benefits the most as it offers incentive-based employer policies, while Hyderabad has been in tough competition with India's start-up capital, Bengaluru. The Siddaramaiah-led Congress government’s new reservation demands for locals in Karnataka might lead to flight risks by several investors currently based in India’s Silicon Valley.
With a high-value loan, quick approval facility and flexible repayment tenures, Bajaj Finance makes the borrowing experience hassle-free and convenient.
The Karnataka Assembly witnessed uproar over financial irregularities in a state-run corporation. Chief Minister Siddaramaiah defended his government against accusations of corruption. An illegal money transfer of Rs 187 crore was revealed, leading to a minister's resignation and an ongoing probe by the Enforcement Directorate.
Indian airlines faced major disruptions due to a global computer outage, causing delays and manual check-ins at airports. IndiGo, SpiceJet, and Akasa Air were among the affected carriers. Union Civil Aviation Minister Rammohan Naidu assured passengers that efforts were being made to minimize disruption. IT Minister Ashwini Vaishnaw confirmed that the National Informatics Centre (NIC) network was unaffected. The cause, a Microsoft-related issue, has been identified and resolved. Financial institutions... Читать дальше...
Around 50 Indian nationals have sought government assistance to be discharged from the Russian military, the Indian foreign ministry spokesperson said on Friday. Russia previously pledged to release these Indians, who were misled into joining its army, after Prime Minister Narendra Modi raised the issue with President Vladimir Putin during his July 8-9 Moscow visit.
Former US President Donald Trump accepted his Republican Presidential nomination and addressed fellow Republicans in a much anticipated speech at the Republican National Convention in Milwaukee on Friday, a week after an assassination attempt injured him. During his address, Trump blamed the Joe Biden administration for the high inflation rates gripping the US since 2020, and said that American economy was "the best in the world" under his tenure.
A goods train wagon derailed between Valsad and Surat stations in Gujarat, causing traffic disruptions near Dungri station. The incident occurred during Union railway minister Ashwini Vaishnaw's safety assessment at the Western Railway headquarters.
Budget 2024: Under the current Income-tax Act, 1961, F&O trading has been specifically excluded from the definition of "speculative transaction". Hence, if F&O trading by individuals is categorized as 'speculative business income'.
More than 10,000 people waving white flags and calling for peace gathered for the rally in Bannu -- 40 kilometres (25 miles) from Afghanistan -- where a suicide bomber on Monday rammed an explosive-packed vehicle into an army enclave, killing eight Pakistani troops.
In the Nifty pack, 5 stocks closed in the green, while 44 stocks ended in the red.
Born in 1944 in Hanoi, Trong was a Marxist-Leninist ideologue who earned a degree in philosophy before becoming a member of the Communist Party at the age of 22. He viewed corruption as the single gravest threat in maintaining the party's legitimacy.
Prominent seers and officials met to discuss preparations for the Maha Kumbh 2025, emphasizing the need for better facilities, a ban on fake babas, and a commitment to a plastic-free event. Security will be enhanced with AI-based monitoring and biometric IDs. The event, set for January, is expected to attract over 40 crore devotees.
India's forex reserves reached an all-time high of $666.85 billion as of July 12, according to data from the Reserve Bank of India. Foreign currency assets (FCAs) also increased by $8.36 billion to $5585.47 billion. Gold reserves expanded by $1.23 billion to $58.66 billion, while SDRs increased by $76 million to $18.11 billion.
Tata Motors unveiled Tata Curvv ICE and EV, launching August 7. The SUV coupé follows the multi-powertrain strategy, debuting with the EV version. Shailesh Chandra highlights its pioneering SUV legacy and aerodynamic design. Features premium performance in petrol and diesel options, advanced infotainment, smart features, panoramic glass roof. Pricing undisclosed; interest solicited.
This follows Vi announcing last month its plans to raise up to Rs 2,458 crore from the two vendors via a preferential issue for partly clearing its dues in the run-up to expansion of its 4G networks and rollout of 5G services in priority markets. Nokia and Ericsson will participate for up to Rs 1,520 crore and Rs 938 crore respectively in the preferential issue.
Bassim Haidar may move to Greece or Monaco due to PM Starmer's inheritance tax revisions potentially ending the non-dom regime. He suggests a 150,000 pound tax on £5 million wealth. Patriotic Millionaires advocate a 2% tax on £10 million. UBS predicts a 17% decline in UK millionaires.
The Nifty IT index closed 0.22 per cent down at 39923.3.
Sai Teja Devarapalli, posing as Shivakumar, transferred Rs 94 crore from KMVSTDCL to Hyderabad’s First Finance Credit Co-Operative Society Ltd. Identified by SIT, he was authorized for activities at Union Bank’s MG Road Branch using a fabricated job post by J G Padmanabha, with CCTV evidence leading to custody. Padmanabha approved the directive; Shivakumar wasn’t an officer.
A Russian military delegation, led by Deputy Defence Minister Alexei Krivoruchko, is in North Korea to implement agreements from President Putin's recent visit. The delegation, arriving on July 19, held talks with Kim Jong-un. Russia and North Korea signed a "comprehensive strategic partnership" on June 19, 2024, including mutual defense. Kremlin spokesman Dmitry Peskov described the visit as rich and productive, emphasizing the ongoing work to implement the agreements reached during Putin's official visit to Pyongyang.
The Nifty Bank index closed 0.67 per cent down at 52265.6.
