The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines
Bandhan Bank's net profit for the June quarter soared 47% year-on-year at Rs 1063 crore backed by healthy business expansion and lower credit cost.
The Living Nostradamus, Athos Salome, believes that by 2028, mankind will find evidence of extraterrestrial life. His assertion is validated by recent scientific discoveries, which may lead to reconsiderations in philosophy, theology, and science. While some specialists are in agreement, others are still dubious.
The local currency closed at 83.7275 per US dollar on Friday, versus the previous close of 83.6975/$1, LSEG data showed. The rupee has weakened for four out of five trading sessions this week. On a weekly basis, the currency weakened 0.1%
Former US President Donald Trump has said that he will not debate with Kamala Harris. He said that he will hold a debate only when she receives a presidential nomination from her party. He also doubted if she is going to replace Joe Biden on the ballot box.
The RBI said monetary penalty on Payment System Operators (PSOs) Manappuram Finance and Ola Financial Services has been imposed for non-compliance with certain provisions of Know Your Customer (KYC) directions. Compounding orders were also issued to two Ola Financial Services and Visa Worldwide for contravention of certain provisions.
In its bid, the ministry of electronics and information technology has said that the project management company will also be responsible for the estimation of the financial aspects of the project, overall project cost and monitoring the details of the actual expenditure in items such as plant, machinery, clean rooms, equipment and associated units.
OpenAI has introduced its dedicated search engine, known as SearchGPT, which gives gives prompt and quick answers according to the query being placed by the end user. Right after this OpenAI announcement, there was a significant dip in Alphabet's shares.
A lot of work is happening to help digitally underwrite customers for credit disbursal. The next generation of innovation is taking place around monitoring these loan accounts.
Union Minister Nitin Gadkari revealed that Rs 70,000 crore worth of projects for roads, highways, and expressways were underway in Delhi and nearby areas to alleviate traffic jams. Gadkari highlighted the adoption of fast-changing technology and the use of landfill waste in road construction.
Airport charges have also started to climb upwards, and the airline is monitoring it as well as having discussions with airport partners. Further, maintenance works are going through a bit of an inflationary cycle, he said during an analyst's call.
WeWork India renewed its long-term lease for 1.4 lakh sq ft of office space at Nesco IT Park in Mumbai, committing over Rs 152 crore for five years. This aligns with its strategy to expand in Mumbai's commercial market. Earlier, the company added new spaces in Bengaluru and Noida, underscoring its commitment to India's growing flexible workspace sector.
In a significant relief to SpiceJet, the Supreme Court upheld a Delhi High Court division bench's decision to remand a 2018 arbitration case involving a share transfer dispute back to its single judge. The Court criticized the single judge for not applying his mind in the case between SpiceJet and its former promoter Kalanithi Maran. Previously, the single judge supported an arbitral award requiring SpiceJet and Chairman Ajay Singh to refund Rs 579 crore with interest to Maran. However, the division... Читать дальше...
The Reserve Bank selected five entities for testing innovative financial solutions under a regulatory sandbox. These include Indian Banks' Digital Infrastructure Company, Signzy Technologies, Connectingdot Consultancy, Epifi Technologies, and Finagg Technologies. The testing aims to foster responsible innovation, improve efficiency, and benefit consumers through better financial services. Testing will start in August 2024.
In February, the RBI had ordered the credit card company to stop using an unauthorised route to make some commercial payments, per a Reuters report. The central bank has aimed to tighten scrutiny of the processes followed by financial technology, or fintech, companies.
In February, the RBI had ordered the credit card company to stop using an unauthorised route to make some commercial payments, per a Reuters report. The central bank has aimed to tighten scrutiny of the processes followed by financial technology, or fintech, companies.
These four stocks witnessed long unwinding in Friday's trading session.
Imran Khan, the former Pakistan prime minister, planned to run for Oxford University's chancellor position from prison via online ballot. Although initially undecided, his aide later confirmed the candidacy. Khan studied Economics and Politics at Oxford and previously served as Bradford University's chancellor. The election for the vacant position is to be held online for the first time.
Initially, 44 out of 67 candidates had been declared toppers with full marks due to the contentious physics question. The number of toppers was later adjusted to 61 after the agency withdrew grace marks previously awarded to six candidates to compensate for lost time at some exam centres.
The Climate Clock is an 80-foot-wide digital clock installed on the facade of a building on East 14th Street overlooking Union Square Park in Manhattan New York.
In a significant development in the Rajya Sabha, a private member bill proposed by John Brittas of CPI (M) to make Governors act constitutionally on the advice of the Council of Ministers was defeated. The bill aimed to amend Article 158 of the Constitution. The motion was voted down with 56 opposing and 21 supporting it. The treasury benches, particularly BJP members, argued that such a change would undermine the quasi-federal structure of the Indian Constitution. The discussions saw heated exchanges... Читать дальше...
Wall Street rebounded on Friday, led by the Dow's strong performance. Industrial conglomerate 3M's forecast boost and tech stock recovery helped the market. Key inflation data supported hopes for early Fed rate cuts.
The Karnataka Cabinet decided to rename Ramanagara district as 'Bengaluru South', responding to local demand for association with 'Brand Bengaluru'. The process will be initiated by the Revenue Department. Ramanagara's headquarters remains unchanged.
Manchester United and Arsenal's match will be played this weekend on American soil. We have prediction and live streaming details.
The funds were raised through eight rounds, down sharply from 28 in the same period of the previous year. Startups, mostly in the seed and early stages, garnered the funds.
