The Indian Air Force is collaborating with local police in Jammu and Kashmir's Budgam to investigate a sexual assault complaint filed by a woman flying officer against a Wing Commander. Both officers are stationed in Srinagar. An FIR has been lodged, and the IAF is fully cooperating with the investigation.
The Competition Commission of India has approved the merger of Tata Motor Finance with Tata Capital. This merger, announced in June, will result in Tata Motors holding a 4.7% stake in the merged entity. The move aligns with Tata Motors' strategy to exit non-core businesses and focus on emerging technologies and products.
Ventive Hospitality has filed its draft red herring prospectus with Sebi for a Rs 2,000 crore IPO. The company, owning luxury assets operated by global brands like Marriott and Hilton, features 11 assets across India and Maldives.
The economy, which has continuously been a top concern for voters, is one of the policy platforms that Democrats say Harris needs to discuss. Many
Viswanathan Anand, transitioning from competitor to mentor and administrator, discusses the progress of Indian chess players he has mentored. He highlights their ability to seize opportunities and shares his hopes for India's performance at the Chess Olympiad. Anand also comments on India's Olympic and Paralympic achievements and his future plans in competitive chess.
Swiggy is likely to enhance the fresh issue component of its upcoming IPO. Details on this and more in today’s ETtech Top 5.
After a difficult nine-month battle with cancer, Kate Middleton announced that her chemotherapy treatment had come to an end. She noted her family's struggles and conveyed her gratitude for the assistance she had received, all the while anticipating going back to her public obligations.
Short covering occurs when traders repurchase stocks they had previously borrowed and sold, typically prompted by a change in market sentiment or the emergence of new information.
India is advocating for enhanced transparency from fintech firms, credit card companies, and payment aggregators at the Financial Action Task Force. The aim is to ensure sender and recipient details in cross-border transactions are accessible to law enforcement agencies. This proposal seeks to improve information sharing without imposing excessive costs on the industry.
September has not always been a very good month for the US stock market but this year, things are even worse at the moment, as reports suggest that it is showing the worst outcome in nearly 70 years now. Here's what you should know about the stock market data this September.
Equity mutual fund inflows rose by 3% month-on-month, reaching Rs 38,239 crore in August, up from Rs 37,113 crore in July.
Honda Motorcycle & Scooter India plans to launch its first electric scooter this fiscal year, aiming for one-third of its sales from electric vehicles by 2030. The company expects two-wheeler sales to reach peak levels in 3-4 years despite upcoming OBD Stage-II B norms. HMSI is enhancing production capacity but has no immediate plans for a new unit.
The rupee weakened marginally versus the dollar on Monday, closing at 83.975 as risk appetite of the market was weak ahead of the Federal Open Market Committee Meeting that will happen next week on 18th. Dollar sales from state run banks also helped cap further weakness in the rupee, traders said.
The Centre has ordered the deployment of two new CRPF battalions, totaling about 2,000 personnel, to Manipur for security duties. This move follows the withdrawal of two Assam Rifles battalions. The CRPF will play a lead role in stabilizing the region affected by ethnic conflict since May last year.
Nomura is forecasting India's GDP growth to slow to 6.7% in FY25, below the RBI's 7.2% prediction. The report cited mixed growth signals, with positives in government spending and rural demand but negatives in consumer discretionary, industrial, and external demand. India's economy grew 8.2% in FY24 but slowed to 6.7% in April-June FY25.
Omar Abdullah of the National Conference accused the BJP of mishandling the situation in Jammu, leading to a resurgence of terrorism. He promised that an NC-Congress coalition would restore peace if elected. Abdullah criticized the BJP for failing to address public issues and spreading rumors about potential terrorism under an NC-Congress government.
Nagaraj Shetti of HDFC Securities stated that the Nifty's short-term trend appeared to have reversed upward and was currently at the crucial resistance level of 25,200. He suggested that a decisive move above this level could potentially open the door for further gains towards new all-time highs. He also identified the immediate support level for the Nifty at 24,900.
Maruti Suzuki is set to launch its first electric vehicle, a mid-size SUV eVX, with a range of over 500 kms. The company aims to address concerns about range anxiety, charging infrastructure, and resale value. Additionally, Maruti Suzuki plans to introduce strong hybrids, hydrogen, and bio-fuel models to reduce carbon emissions.
Maruti Suzuki is set to launch its first electric vehicle, a mid-size SUV eVX, with a range of over 500 kms. The company aims to address concerns about range anxiety, charging infrastructure, and resale value. Additionally, Maruti Suzuki plans to introduce strong hybrids, hydrogen, and bio-fuel models to reduce carbon emissions.
Dr Reddy's Laboratories has refuted allegations by the Indian National Congress that it benefited from its association with SEBI chairperson Madhabi Puri Buch's husband, Dhaval Buch. The company clarified that Dhaval Buch's engagement ended before Madhabi Buch became SEBI Chairperson and emphasized compliance with all laws. Dhaval Buch was hired for leadership coaching from October 2020 to April 2021, receiving remuneration in line with industry standards.
The Centre is developing a policy framework for decarbonising the steel sector, involving 14 task forces with experts and stakeholders. The report 'Greening the steel sector in India-Roadmap and Action Plan' outlines technological innovation, policy reforms, and financial mechanisms to support this transition, addressing challenges like climate commitments and rising energy costs.
Reliance Retail Ventures and Israeli apparel firm Delta Galil have formed a 50/50 joint venture to expand India's innerwear market. The partnership will see Delta Galil design and manufacture products for Reliance’s brands, aiming to enhance the intimate apparel and activewear segments in India over the next 18 months.
