BS Web Team
 "BS Web Team")
BS Web Team
News reports and updates by the online desk of Business Standard
News reports and updates by the online desk of Business Standard
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LIVE: 25 ministers to take oath on Sat in new Karnataka cabinet expansion
Catch live updates from across the globe here
 "LIVE: 25 ministers to take oath on Sat in new Karnataka cabinet expansion")
Dish TV's minority shareholders reach out to ministry on EGM delay
The company's minority shareholders are demanding a rejig of the company's board and the appointment of a new management team to put the DTH provider back on the profitability path
 "Dish TV's minority shareholders reach out to ministry on EGM delay")
Public sector banks' total dividend payout 58% higher than in FY22: Report
Three out of 12 PSBs namely SBI, Bank of Baroda, and Canara Bank, declared a three-digit dividend during the year
 "Public sector banks' total dividend payout 58% higher than in FY22: Report")
Tata Electronic plans to bolster presence in electronics, semiconductor biz
Tata Electronic's expansion plans are being seen as an extension of its ongoing acquisition of Wistron's iPhone manufacturing unit in Karnataka's Kolar district
 "Tata Electronic plans to bolster presence in electronics, semiconductor biz")
From Chola tradition to Jawaharlal Nehru: All you need to know about Sengol
The Sengol will be installed in the new Parliament building next to the seat of Lok Sabha speaker by PM Modi
 "From Chola tradition to Jawaharlal Nehru: All you need to know about Sengol")
Debit card-based ATM withdrawals up 235% since demonetisation: Report
The cash in circulation in the Indian economy has more than doubled since demonetisation
 "Debit card-based ATM withdrawals up 235% since demonetisation: Report")
Chinese technicians may get faster visas to India to help set up factories
Chinese technicians and engineers need to visit India to set up factories and machinery in the country and a faster visa could make this process smoother
 "Chinese technicians may get faster visas to India to help set up factories")
Top headlines: SoftBank eyes Indian startups, Hindujas top UK rich list
Business Standard brings you top news at this hour
 "Top headlines: SoftBank eyes Indian startups, Hindujas top UK rich list")
Gold price rises Rs 260 to Rs 61,360; silver falls Rs 450 to Rs 74,050
The price of ten grams of 22-carat gold rose Rs 250 to Rs 56,250
 "Gold price rises Rs 260 to Rs 61,360; silver falls Rs 450 to Rs 74,050")
5G network in India crosses 200,000 sites mark with roll out in Gangotri
The report suggests that the first 100,000 5G sites were rolled out within the first five months of the launch of the service in October 2022 and the next 100,000 sites were added in the next 3 months
 "5G network in India crosses 200,000 sites mark with roll out in Gangotri")
UK to soon disallow international students to bring dependants along
The move comes ahead of the official data, which is expected to show that legal migration has hit a record high of 700,000 this year
 "UK to soon disallow international students to bring dependants along")
Only a resident can become a civil defence volunteer, says Delhi HC
From Sisodia withdrawing his interim bail pleas to seeking response from Aaj Tak news channel, here are important cases heard in the day
 "Only a resident can become a civil defence volunteer, says Delhi HC")
LIC Q4 Results: Consolidated PAT rises 5.5 folds YoY to Rs 13,190.8 cr
For FY23, the profit stood at Rs 36,397.40 crore as compared to Rs 4,043.12 crore for the previous financial year
 "LIC Q4 Results: Consolidated PAT rises 5.5 folds YoY to Rs 13,190.8 cr")
FDI inflows decline 16% to $71 billion for first time in a decade: RBI data
The net FDI also witnessed a decline of nearly 27 per cent to $28 billion in 2022-23 as against $38.6 billion a year ago
 "FDI inflows decline 16% to $71 billion for first time in a decade: RBI data")
Oil India Q4 results: PAT jumps 10%, dividend declared Rs 5.50 a share
Revenue from operations stood at Rs 5,649.65 cr in Q4FY23, rising by 26.15% from Rs 4,478.61 cr in Q4 of the previous fiscal
 "Oil India Q4 results: PAT jumps 10%, dividend declared Rs 5.50 a share")
Nearly 200,000 tech employees fired globally in 2023; more layoffs expected
According to recent data from layoff.fyi, a layoff tracker website, 702 companies have laid off 199,047 employees in 2023 so far worldwide
 "Nearly 200,000 tech employees fired globally in 2023; more layoffs expected")
Day 2 of Rs 2,000 note exchange has banks running out of cash for exchange
Some banks had to temporarily halt exchanges of Rs 2,000 currency notes as they waited for supply of currency notes to be replenished
 "Day 2 of Rs 2,000 note exchange has banks running out of cash for exchange")
National e-Vidhan Application: What is it and why is it significant?
NeVA is transforming all state legislatures into digital Vidhan Sabha systems, allowing them to conduct all government business on the digital platform
 "National e-Vidhan Application: What is it and why is it significant?")
73 per cent of Indian firms report being ransomware victim in 2023: Report
About 77 per cent of ransomware attacks against surveyed organisations succeeded in encrypting data, but only 44 per cent paid the ransom to recover their data, the report said
 "73 per cent of Indian firms report being ransomware victim in 2023: Report")
Disaster risk financing investment in safety, health, says MoS at G20 meet
Addressing the inaugural programme, Dr Pawar stated that governments, international organisations, and the private sector need to collaborate and discover ways in order to mobilise funding
 "Disaster risk financing investment in safety, health, says MoS at G20 meet")
