Tata Motors announced that the trading of its differential voting rights (DVR) shares will cease after market hours on August 29, 2024, due to their conversion into ordinary shares. For every 10 DVR shares, investors will receive 7 ordinary shares. The swap, with a record date set for September 1, follows NCLT approval.
Union Minister Nitin Gadkari highlighted that road accidents in India cause more deaths than wars, militancy, and Naxalism. He stressed the impact of poor road engineering on accident rates and emphasized the importance of lane discipline and highway safety audits. Gadkari also mentioned new guidelines for ambulance drivers to improve response times should be implemented.
A PwC India report predicts UPI transaction volume to rise to 439 billion by 2028-29, accounting for 91% of retail digital payments. The digital payments landscape will see significant growth, with overall transactions increasing from 159 billion in 2023-24 to 481 billion by 2028-29. Credit card usage is also expected to grow substantially.
China's top diplomat Wang Yi warned US National Security Advisor Jake Sullivan against supporting the Philippines in the South China Sea disputes. Wang emphasized China's commitment to its territorial sovereignty during Sullivan's three-day visit to Beijing. The tensions come amid recent accusations from Japan and the Philippines against China for regional disruptions.
Here are 9 ways to make roti protein-rich
Vaishali Pharma's board approved a 1:5 stock split and a 1:1 bonus share issue, causing the stock to surge 10% to Rs 190.35 on the NSE. The split, pending shareholder and regulatory approvals, will be given to eligible shareholders as on record date which will be announced later.
The two federal criminal cases against former President Donald Trump have resumed after delays, as special counsel Jack Smith pursues charges related to mishandling classified documents and election interference. With 10 weeks left until Election Day, the legal battles are set to continue, potentially impacting Trump’s political future.
The European Union and China have started discussions under a new system designed to streamline cross-border data flows. This initiative will help European businesses transfer non-personal data internationally while complying with Chinese data laws. It is crucial for sectors such as finance, insurance, pharmaceuticals, automotive, and ICT. The EU had previously expressed concerns over China's data regulations, citing their clarity and lengthy processes.
At the Global Fintech Fest, RBI Governor Shaktikanta Das emphasized that self-regulation in the fintech sector is key to balancing innovation with prudent regulation. He noted that India's fintech sector attracted $6 billion over the past two years.
Lucknow Super Giants owner Sanjiv Goenka has described KL Rahul as an integral part of the franchise amid speculation about his future. Discussions on player retention and captaincy are on hold until the BCCI releases the retention rules. Zaheer Khan has been unveiled as the team's new mentor.
Thailand has announced its intention to renew its combat aircraft fleet with Swedish-made Gripen fighter jets, deeming them more suitable than American F-16s. After a 10-month evaluation, the Royal Thai Air Force found the Gripen E/F most capable of meeting its strategic requirements. Lockheed Martin’s F-16s remain under consideration, pending a final government decision. Currently, the Thai Air Force operates 11 older Gripens alongside dozens of F-16s.
RSS chief Mohan Bhagwat's security has been upgraded to Advanced Security Liaison (ASL) protocol, similar to PM Modi and Home Minister Amit Shah. This decision by the Ministry of Home Affairs follows a review of his security during visits to non-BJP states, involving comprehensive measures and coordination with local agencies.
Chitkara University has awarded an Honorary Doctor of Literature degree to Raj P Narayanam, Founder and Executive Chairman of Zaggle Prepaid Ocean Services. The honor recognizes his contributions to entrepreneurship, fintech, and startup mentorship. Under his leadership, Zaggle has achieved significant growth, and his publications have celebrated entrepreneurial achievements.
HMD Global partners with Mattel to launch a Barbie-themed flip phone. Priced at £99, this retro device offers calls and texts without social media, promoting digital detox with a fun, nostalgic design.
Aja Ekadashi which is observed on August 29, 2024, holds great religious significance for Hindus. Devotees honor Lord Vishnu through fasting and prayers. This Ekadashi, also known as Ananda Ekadashi, promises blessings of happiness, health, and prosperity. Rituals involve offering flowers, Tulsi Patra, Panchamrit, and chanting mantras. The fasting concludes on Dwadashi Tithi.
The Nifty Auto index closed 0.13 per cent down at 25879.4.
For the first time, Uttarkahand's Om Parvat was devoid of snow last week, raising concerns. Experts cited scanty rain, scattered snowfall, vehicular pollution, and global warming as reasons. Snow returned after Monday's snowfall. The snow absence impacts tourism, and experts stress addressing environmental factors to preserve the region's eco-balance.
Paytm got approval from the finance ministry to invest in its payment services business, the fintech firm said on Wednesday. With the approval, the payment services business will resubmit application for its payment aggregator license.
Last month, the company announced a second interim dividend of Rs 4 per share, totalling Rs 1,564 crore. This follows a first interim dividend of Rs 11 per share declared in May. The company's stock has performed exceptionally well, delivering 95% returns over the past year. This significantly outperforms both the Nifty Metal index (44% returns) and the Nifty (30% returns).
The NSE Nifty index closed 34.6 points up at 25052.35
Femtech startup Laiqa Wellness will use the capital to expand and develop the company’s tech-based solutions, which focus on personalised hormonal health monitoring, point-of-care assessments, and AI-driven recommendations.
Property price in 2024: Residential housing prices in the Delhi-National Capital Region (Delhi-NCR) jumped by 30% year-on-year during the April-June quarter of 2024, the highest among the top eight cities in India, according to a report by CREDAI, Colliers and Liases Foras. Check how much property price has risen in your city.
SME IPOs have been notably popular, with nearly all retail categories fully subscribed and many achieving up to 500 times or more subscription. Listings too have soared, triggering huge debate and coercive action from the regulator.
