IndusInd Bank has revised the interest rates on fixed deposits (FDs) under Rs 3 crore. According to the bank's official website, the new FD rates are effective from September 7, 2024.
Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local contractors and suppliers over the past three years. These contracts, aimed at materials and services, have been given to 6,645 local vendors, boosting local employment and supporting the Make in Odisha vision.
Tata Sons Chairman N. Chandrasekaran earned Rs 135 crore in FY24, a 20% increase from the previous year, making him the highest-paid executive in an Indian company. Tata Sons CFO Saurabh Agrawal followed with Rs 30 crore. Other notable earners include TCS CEO K. Krithivasan and IHCL head Puneet Chhatwal.
Analysts said this flurry of activity reflects growing investor confidence and signals a vibrant capital-raising environment, underscoring India's robust economic fundamentals.
In an unprecedented move aimed at ensuring free and fair polling in the ongoing assembly elections, authorities in Doda district are leveraging advanced technology across all three assembly constituencies.
Selena Gomez, 32, becomes a billionaire with a $1.3 billion net worth, fueled by her beauty brand, Rare Beauty, acting career, and social media influence.
Wockhardt has denied allegations of improper rent payments by Carol Info Services and its connection to SEBI orders. The company insists it complies with all laws. Congress' Pawan Khera claimed SEBI's Madhabi Buch received Rs 2.16 crore in rental income from Carol Info Services, linked to Wockhardt, which is under investigation for insider trading.
Vice President Kamala Harris is preparing for a crucial debate against former President Donald Trump with the help of Karen L. Dunn, a seasoned debate coach and high-powered lawyer. Dunn has extensive experience coaching Democratic candidates since 2008 and is known for her meticulous approach. She also represents major tech firms like Google in high-stakes legal battles, reflecting her prominent role in both political and legal spheres.
President Joe Biden's performance in the debate with Donald Trump led to Vice President Kamala Harris replacing him as the Democratic candidate. Harris will face Trump in an upcoming debate, with high stakes for both parties. Biden's stumbles raised concerns about his fitness for office, while Trump's vulnerabilities remain evident.
Motilal Oswal Midcap Fund, a mid cap fund offered 34.45% return in the last six months.
A small asteroid, 2024 RW1, burned up in Earth's atmosphere over the Philippines after being discovered hours earlier by astronomers in Arizona. The green fireball and orange tail lit up the sky, captivating space enthusiasts worldwide. NASA confirmed the event, highlighting astronomers' growing ability to detect near-Earth objects before impact.
Mumbai Metro extends operating hours and reduces fares for Ganesh Chaturthi. Line 1's last train departs at midnight, while Lines 2A and Line7 operate until late night. Fares are slashed by up to a third, enhancing convenience for festival-goers.
The adoption of flexible office spaces is on the rise, particularly among multinational companies, with a projected 3-4 times increase by 2030. A Colliers report reveals that over 80% of occupiers plan to expand their office portfolios using flex spaces, driven by benefits like cost management and improved productivity. The trend is expected to redefine Grade A office space demand in India.
Two more children succumbed to injuries from the Hathras bus accident, raising the death toll to 17. The accident occurred when a roadways bus hit a van on National Highway 93. Uttar Pradesh Chief Minister Yogi Adityanath and Prime Minister Narendra Modi have announced financial assistance for the victims' families and those injured.
With an operating revenue of Rs 1,732.7 crore on a trailing 12-month basis, WPIL has reported annual revenue de-growth of (-)7%, pre-tax margin of 16% and ROE of 38%.
This growth is underpinned by the ‘Triple Multiplier Effect’ – the confluence of rising High Networth Individuals (HNI) investors, asset appreciation, and savings from incremental growth in income.
An Ola autorickshaw driver, R Muthuraj, was arrested by Magadi Road police for slapping and threatening a college student after she cancelled a ride. The incident, captured on video, led to charges under Bharatiya Nyaya Sanhita Sections 74 and 352. Muthuraj faces legal expenses exceeding Rs 30,000 and potential suspension of his driving licence. Authorities emphasize the seriousness of such offenses.
For Indian pharmaceutical companies, this scenario presents a distinct opportunity. Leveraging their established expertise and leadership in global COVID-19 vaccine distribution, along with robust supply chain efficiencies, Indian firms are strategically positioned to capitalize on this market shift. The departure of Chinese players from the market opens a significant gap, which Indian companies are well-equipped to fill .
The Naraina-Raja Garden carriageway of the Mayapuri flyover is closed for a month due to repairs, as announced by the police. Commuters are advised to use the service road from the flyover's starting point and go through Mayapuri Chowk red light. The police urge people to avoid roadside parking and plan their journeys in advance.
The Houthis have mounted a significant challenge to global maritime security, disrupting shipping through the Bab el-Mandeb. Despite US efforts under Operation Prosperity Guardian, the group has cut Suez Canal traffic and threatened environmental disasters. This crisis highlights the falling cost of power-projection and strategic synergy among US adversaries.
Democrats are intensifying their campaign against the conservative Project 2025 blueprint, linked to Donald Trump, by flying banners over college football stadiums in key swing states. The plan outlines potential drastic changes in a second Trump term. The initiative aims to highlight the project's extremity and its ties to Trump.
HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) on one tenure, according to its official website on September 7, 2024. HDFC Bank MCLR interest rates will now range between 9.10% and 9.45%.
The Indian Army is conducting rescue operations in Vijayawada, Andhra Pradesh, after the Budameru rivulet overflowed, causing severe floods. Army engineers are using Gabion Baskets and Hesco Bastions to plug a significant breach. Medical aid and logistical support are being provided to flood victims, with coordination from local authorities.
Hakato Hotozhe Sema, an army man from Nagaland, secured a bronze medal in the men's F57 category at the Paralympic Games in Paris. Sema, who survived a landmine blast in 2002, achieved his best throw of 14.65 meters. He trains at the Army Paralympic Node in Pune and is the only athlete from Nagaland in the Indian contingent.
