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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ESIC adds 2.02 million new employees for the month of May: Payroll data
The Ministry of Labor and Employment said in a release that around 24,886 new establishments have been registered under the ESIC for the month of May
 "ESIC adds 2.02 million new employees for the month of May: Payroll data")
LTIMindtree Q1FY24 results: Net profit rises 4.12% to Rs 1,152 crore
In constant currency (CC) terms, the company's revenue grew 8 per cent YoY
 "LTIMindtree Q1FY24 results: Net profit rises 4.12% to Rs 1,152 crore")
Air India writes off Rs 7,000 crore but turns Ebitdar positive in FY23
Air India and its former joint venture partner AirAsia Bhd shared the cost of writing off AirAsia India, with Air India accounting for a significant proportion of the write-off
 "Air India writes off Rs 7,000 crore but turns Ebitdar positive in FY23")
What is the Black Sea grain deal that is at risk of falling apart?
Russia and Ukraine are among the world's top grain exporters, and their conflict sent food prices surging around the world
 "What is the Black Sea grain deal that is at risk of falling apart?")
More than 8.4 million people globally are learning Hindi on Duolingo
In India it is the second most learned language while globally it is now ranked 10th, surpassing Portugeause
 "More than 8.4 million people globally are learning Hindi on Duolingo")
Asian Games 2023: Football coach Igor Stimac's emotional appeal to PM Modi
In a heartfelt letter shared on Twitter, Stimac requested PM Modi to allow football to participate in the Asian Games, saying, 'We will fight for our nation's pride and the flag!
 "Asian Games 2023: Football coach Igor Stimac's emotional appeal to PM Modi")
MakeMyTrip Foundation pledges Rs 5 crore to aid flood relief efforts
The foundation is working with government bodies, experts, and local partners to provide relief to Himachal Pradesh and Uttarakhand
 "MakeMyTrip Foundation pledges Rs 5 crore to aid flood relief efforts")
India saw significant decline in multidimensional poverty in 5 years: NITI
Uttar Pradesh recorded the steepest decline in the number of poor with 34.3 million people escaping multidimensional poverty, according to the report
 "India saw significant decline in multidimensional poverty in 5 years: NITI")
Bain Capital in talks to acquire Adani Capital for Rs 1,500 crore: Report
The Adani Group is selling its shadow bank as it looks to realign its business interests and focus on preserving cash
 "Bain Capital in talks to acquire Adani Capital for Rs 1,500 crore: Report")
IPL 2024: New coaching staff for RCB; Hesson, Bangar contracts not renewed
RCB, earlier, rejigged their coaching staff after their last-place finish in 2019 with Hesson joining the team in August
 "IPL 2024: New coaching staff for RCB; Hesson, Bangar contracts not renewed")
CoinDCX collaborates with Jocata over anti-money laundering processes
The partnership with Jocata will enable CoinDCX to further augment its AML framework to navigate through the developing regulatory landscape
 "CoinDCX collaborates with Jocata over anti-money laundering processes")
Oppenheimer releases today: Meet the cast of Chris Nolan's epic historic
Filmmaker Christopher Nolan's upcoming movie Oppenheimer includes an extensive and talented cast, including a few actors who have worked with Nolan in his previous movies
 "Oppenheimer releases today: Meet the cast of Chris Nolan's epic historic")
HDFC Bank Q1FY24 results: Net profit jumps 30% to Rs 11,952 crore
The bank's gross non-performing assets (GNPAs) rose slightly to 1.17 per cent in Q1FY24 as compared to 1.12 per cent in Q4FY23
 "HDFC Bank Q1FY24 results: Net profit jumps 30% to Rs 11,952 crore")
Shehbaz Sharif to step down as Pak PM before next month; all you must know
Pakistan PM Shehbaz Sharif said that he will hand over power to a caretaker government on August 14, paving the way for general elections
 "Shehbaz Sharif to step down as Pak PM before next month; all you must know")
HDFC Bank crosses $100 billion valuation, becomes world's 7th largest bank
On Monday, the bank's market capitalisation crossed $150 billion, making it bigger than Morgan Stanley, Goldman Sachs and Bank of China
 "HDFC Bank crosses $100 billion valuation, becomes world's 7th largest bank")
What is Barbieheimer, the viral trend that is taking the internet by storm
Greta Gerwig's 'Barbie' and Christopher Nolan's 'Oppenheimer' has led to a viral phenomenon on the internet, termed as 'Barbieheimer'
EV makers face legal action over wrongful FAME II incentive claims
An official was quoted as saying that the companies that claimed incentives wrongfully under FAME II would have to pay them back first
 "EV makers face legal action over wrongful FAME II incentive claims")
Reliance likely to acquire Alia Bhatt's Ed-a-Mamma for Rs 300-350 crore
An industry executive was quoted as saying that an agreement between Reliance and Ed-a-Mamma is likely to be signed in the next seven to 10 days
 "Reliance likely to acquire Alia Bhatt's Ed-a-Mamma for Rs 300-350 crore")
JSPL promoter Naveen Jindal explores potential $3 billion funding
Analysts expect JSPL to report an Ebitda of Rs 11,687 crore in the financial year 2024
 "JSPL promoter Naveen Jindal explores potential $3 billion funding")
What is Call of Duty and why are Sony, Microsoft battling over it?
This deal puts an end to the battle between two tech and gaming giants that has been going on since Microsoft announced the acquisition of Activision in January 2022
 "What is Call of Duty and why are Sony, Microsoft battling over it?")
