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Tencent sells 2.1% stake in PB Fintech for Rs 1,668 cr; SBI MF, SocGen pick

Tencent Cloud Europe BV, an affiliate of Shenzhen-based technology multinational Tencent, offloaded 97 lakh shares in 15 tranches, amounting to a 2.13 per cent stake in PB Fintech

UK university first to get go-ahead for India branch campus under NEP 2020

Jaishankar said the move is part of the goal of elevating the country's educational standards to the highest global levels and delivering on the education pillar of India-UK cooperation

Sebi proposes mandatory maintenance of communication record for eight yrs

The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market

'India engages with world on equal footing': PM Modi tells IFS trainees

During the meeting, the trainees praised the success of the foreign policy under Modi's leadership and sought guidance from him on their upcoming new assignments

Jharkhand Cabinet waives power dues of Rs 3,584 cr of 3.9 mn consumers

The decision, approved during a cabinet meeting chaired by Chief Minister Hemant Soren, aims to relieve financial burdens on domestic consumers enrolled under the Mukhyamantri Urja Khushali Yojana

GE Power India announces appointment of Puneet Bhatla as new MD from Sep

Puneet is no longer falling under the definition of "senior management" as per listing regulations.

Govt permits sale of 2.3 mn tonne of rice from FCI to ethanol makers

The food ministry, as per a directive, has allowed ethanol producers to participate in e-auctions and purchase rice between August and October 2024 under the Open Market Sale Scheme

LIC receives demand notice of Rs 605.58 cr for short payment of GST

The corporation has received a communication/demand order for interest and penalty for Maharashtra, LIC said in a regulatory filing

Paralympics 2024: Tanwar loses to Turkish opponent in taekwondo round of 16

Aruna was absolutely no match to her opponent from Turkey who garnered points at will in the five-minute round

Tablet market grows over 2 times to 1.84 mn, Samsung leads with 48.7% share

Samsung led the market with 48.7 per cent market share. It was followed by Acer with a 23.6 per cent share, Apple with 9.5 per cent, Lenovo with 6.9 per cent and Xiaomi with 4.7 per cent

At WMCC meet, India, China discuss LAC situation to narrow down differences

The 31st meeting of the Working Mechanism for Consultation & Coordination (WMCC) on India-China Border Affairs was held in Beijing

Govt receives Rs 5,091 cr from Indian oil corp as dividend tranche

During the current financial year 2024-25, so far Rs 10,604.74 crore has been obtained through dividend from the CPSEs

NHPC secures shareholders nod to hike borrowing limit to Rs 50,000 cr

he tentative debt requirement for both ongoing projects and new projects up to FY 2032-33 as per CAPEX requirements will be approx Rs 80,000 crore

Infosys, Nvidia expand ties to develop GenAI-powered solutions for telcos

The IT major has developed three generative AI solutions powered by its AI-offering Topaz, which make use of NVIDIA NIM inference microservices

SBI working on new version of digital banking platform: Dinesh Khara

He also said that a banker should always keep risks in mind, even though people tend to ignore the risk but that shouldn't happen

ITI Mutual Fund projects to reach Rs 1 trn AUM in next five years

ITI MF's asset under management (AUM) increased nearly 2.4 times to Rs 8,791 crore in July 2024 from Rs 3,698 crore in March 2023

Over 1,000 killed during anti-govt protests in B'desh: Interim govt adviser

An anti-discrimination student movement against the government started in mid-July over a controversial quota system in jobs. The protests turned violent after crackdown by the forces

WCD minister launches SHe-Box portal to ensure women's safety at workplace

The SHe-Box portal is a significant advancement in the government's ongoing efforts to safeguard women in the workplace, the ministry said in a statement

NBCC sells commercial properties worth Rs 14,800 cr in Delhi on govt behalf

In a regulatory filing, the company said it has completely sold office space inventory at World Trade Center (WTC) project in Nauroji Nagar

RBI allows foreign investors in IFSC to invest in sovereign green bonds

At present, foreign portfolio investors (FPIs) registered with Sebi are permitted to invest in SGrBs under the different routes available for investment by FPIs in government securities