RITES Ltd, under the Railway Ministry, is focusing on being future-ready with IT and AI initiatives. At its 50th AGM, shareholders approved key resolutions including a bonus equity share and a final dividend. The company achieved consolidated revenue of Rs 2,539 crore in FY24, with significant growth in consultancy and turnkey segments.
Donald Trump has recently threatened to prosecute his archrivals, including the likes of Joe Biden, Kamala Harris, and even Nancy Pelosi, according to a latest statement on Truth Social. Trump's threats come as a shock for the Democrats, who are rising their voices around these statements, that are deemed to be a misuse of power, in case he is indeed elected to the White House.
Haryana's Chief Electoral Officer announced that 1,561 candidates have filed nominations for the October 5 Assembly elections. Bhiwani has the highest number of candidates at 31, while Nangal Chaudhary has the lowest with 9. The final list of candidates will be published after September 16, following scrutiny and withdrawal of nominations.
Prime Minister Narendra Modi praised the renaming of Port Blair to Sri Vijaya Puram, highlighting it as a step towards breaking free from colonial influences and celebrating Indian heritage. Union Home Minister Amit Shah announced the change, emphasizing the historical significance of Andaman and Nicobar Islands in India's freedom struggle.
This week, startups raised funding through 20 rounds compared to 31 in the year-ago period, when they raised a total of $327 million, according to data from data intelligence platform Tracxn.
Patrick Mahomes advises people to conduct their own research, and he himself stays away from political endorsements. Patrick stresses that his family doesn't get involved in political arguments; instead, they concentrate on how they treat others, even though his wife Brittany Mahomes supports Donald Trump.
A Delhi court has framed charges against Congress leader Jagdish Tytler for murder and other offences related to the 1984 anti-Sikh riots. Tytler pleaded not guilty to the charges, which include unlawful assembly, rioting, and promoting enmity. The CBI alleges Tytler incited a mob that killed three Sikhs in Pul Bangash.
Delhi Chief Minister Arvind Kejriwal, despite the Supreme Court relaxing his bail conditions in the CBI's excise policy corruption case, still cannot visit his office or sign official files. He must seek modification of these restrictions by approaching the Chief Justice of India to set up a larger bench.
The Prabajan Virodhi Manch (PVM) has criticised the Assam government's policy of appeasement towards Bangladeshi migrants, following violent clashes during an eviction drive in Sonapur. PVM claims that these policies have emboldened migrants to encroach on tribal lands and attack police. The Chief Minister's recent pro-indigenous statements are seen as politically motivated.
IIM Shillong organized the Thought Leaders Conclave with speakers including N. Lakshmi Narayanan and Gopal Srinivasan. The event highlighted the significance of technological literacy, data skills, and entrepreneurial thinking in India's economic growth. Continuous learning, innovation, and collaboration were emphasized as essential for building successful businesses in a tech-driven world.
Zack Snyder's new animated series Twilight of the Gods premieres soon on Netflix. The story follows Sigrid and Leif, two warriors, who look to take revenge after tragedy strikes their family. The trailer reveals stunning visuals and intense action as the duo seeks to defeat Thor.
Delhi has surpassed its annual and seasonal average rainfall in early September, with total rainfall exceeding 1,000 mm. The city experienced the cleanest air of the year on Friday. The weather department has upgraded the alert to orange, warning of potential disruptions due to heavy rain and advising caution for travelers.
The Delhi BJP has called for Chief Minister Arvind Kejriwal's resignation, citing his inability to perform duties due to bail conditions in the excise policy case. The Supreme Court granted him bail but restricted his office activities. BJP leaders argue that Kejriwal should step down as he cannot effectively serve as chief minister.
Union Minister Manohar Lal Khattar announced a 15-day national cleanliness drive targeting two lakh difficult and dirty spots across India. The 'Swachhata Hi Seva' campaign, themed 'Swabhav Swachhata Sanskaar Swachhata (4S)', aims for timebound transformation with public participation and support from various stakeholders.
According to a circular uploaded on BSE's website, the company has allotted 87.02 lakh equity shares to 15 funds at Rs 263 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 229 crore.
European stocks ended the week positively, driven by technology, real estate, and mining shares. The STOXX 600 index rose 0.7%, with German shares leading gains. Investors are now focused on the U.S. Federal Reserve's upcoming meeting, anticipating a potential rate cut. ECB policymakers remain optimistic about lower inflation and interest rates in the euro zone.
Four army personnel were injured in an encounter during a search operation in Jammu and Kashmir's Kishtwar district. Acting on intelligence, security forces initiated the operation in Naidgham area. An exchange of fire ensued with terrorists hiding in Pingnal Dugadda forest area. The joint operation by army and police is still ongoing.
The Assam government will hand over 32 stock trade fraud cases to the CBI for investigation. Chief Minister Himanta Biswa Sarma discussed this with Union Home Minister Amit Shah. The move follows a major online trading scam involving Rs 2200 Crore, leading to multiple arrests and the formation of Special Investigation Teams.
Researchers have found evidence of a large wave that resulted from a landslide and glacier melting in Greenland. The nine-day event sparked worries about the possibility of landslide tsunamis becoming more frequent as a result of climate change, particularly in Arctic locations.
Finance Minister Nirmala Sitharaman met Nasdaq Executive Vice Chairman Edward Knight and discussed key government initiatives and investment opportunities in India. She also interacted with a delegation from the US International Development Finance Corporation, highlighting India's potential for growth and investment, as noted by Deputy CEO Nisha Biswal.
Nilekani was giving a quick reckoner on digital public infrastructure that India has in identity, and payments, and was recounting his journey from 2009, from becoming the founding chairman of Unique Identification Authority of India (UIDAI) to Aadhaar-enabled KYC to opening of Jan Dhan bank accounts.
Kamala Harris has performed phenomenally throughout the second Presidential Debate, where she was seen subtly calling out most of Donald Trump's claims and accusations, and even baited the former US President with her tricky approach. Meanwhile, as her popularity ratings rose, Nate Silver has warned Democrats not to be too excited around the poll gains.
Creaegis invested Rs 176.4 crore, while Nexus Venture Partners and Quona Capital contributed Rs 31.4 crore and Rs 11.9 crore, respectively.
