SEBI "shall take appropriate action based on outcome of the investigations," it said

SEBI

Reuters

Ace investor Ashish Rameshchandra Kacholia bought 1.03 million shares os Universal Autofoundry on Thursday

auto

Business Standard

CLOSING BELL ON AUGUST 25, 2023: The BSE benchmark has shed 2.7 per cent or 1,797 points in the last five straight weeks. HDFC Bank, Larsen & Toubro and ITC were the major laggards on Friday.

stocks brokers, markets, sensex, nifty, stock market

Before opening of trading on September 1, the JFSL stock will be removed from all S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500, among others

Jio Financial Services

This comes amid a funding slowdown where startups, across the board, have found it challenging to raise capital

Zepto founders with the riders (Left to right- Kaivalya Vohra, Aadit Palicha)

Here is the best of Business Standard's opinion pieces for today

capital expenditure

Vikram, Chandrayaan-3's lander, is trending on X, formally known as Twitter, as billionaire industrialists and Bollywood actors eagerly await the historic moment

Chandrayaan-3

Bloomberg

According to Ravi Nathani, an independent technical analyst, the IT index could see a fresh wave of buying enthusiasm on clearing the minor resistance zone of 31,200-31,400.

stock market, market, stock brokers

Commodities have so far held up better than other assets as the economy has worsened. Freed from the constraints of the pandemic, fuel consumption has risen

Steel, China steel

The Pune police control room received a phone call, originating from the US, in the wee hours of Tuesday in which the person on the other side informed about presence of a "suspected terrorist" in Mumbai, said an official.
The call was received at around 1 am and the Pune police immediately contacted their counterparts in Mumbai and informed about it.  "The police control room received a call in which the caller informed us about a particular person in Mumbai, asked us to check on him, and claimed that person is a suspected terrorist. We immediately  informed the Mumbai police about the call and they are looking into it," said the official.  He said the call originated from the US.  It appears the call was fishy as locations of both the caller and the person about whom he gave information were later traced to America, said another police officer.

phone call

Press Trust of India

The probe follows a 2021 request to the UN Special Procedures human rights system by the environmental advocacy group ClientEarth to investigate Aramco

Saudi Aramco

Artificial Intelligence and generative technology is more of an assistant rather than a self-functioning unit, and it is difficult to say if it will work on its own in the future, Salesforce India CEO Arundhati Bhattacharya said on Friday.
Speaking at a media roundtable, the American technology company's India Chairperson said at present, there is always a human involved in AI operations.
"It's more of an assistant right now. We have not reached the point where we can allow it (to operate independently)... will it be totally on its own at some point, is very difficult to say now," she said.
She added that Gen AI brings in affordability, and unlike blockchain and crypto, it has specific use cases to solve problems.
Addressing data concerns for cloud in regulated industries like Banking, Financial Services and Insurance (BFSI), Bhattacharya said data localisation and compliance changed the ambit of operations for Salesforce.
"Before 2020, we did not get into the regulated industries

AI, google, Artificial Intelligence

India and China on Friday offered divergent views to characterise the conversation between Prime Minister Narendra Modi and President Xi Jinping in Johannesburg two days ago even as Beijing sought to downplay the eastern Ladakh border standoff saying the boundary question does not represent the "entirety" of the bilateral relations.
In a readout on the conversation between the two leaders, the Chinese foreign ministry said President Xi Jinping conveyed to PM Modi that both sides should "bear in mind" the "overall interests" of the ties and "properly" handle the border issue.
Hours after Beijing's statement on Modi-Xi conversation claimed it was held at the Indian side's request, Indian sources said there was a "pending request" from the Chinese side for a bilateral meeting, suggesting that New Delhi has not heeded to it.
"The two leaders, however, had an informal conversation in the leaders' lounge during the BRICS summit," one of the sources said.
Modi and Xi held the conversation

PM Modi with Chinese President Xi Jinping

U.S.-based firms Sequoia and Tiger Global, who were investors in Blinkit, had also received shares in Zomato after the acquisition

Zomato

A two-member inspection team of the Directorate General of Civil Aviation (DGCA) has found lapses in internal safety audits of Air India and the regulator is probing the matter, according to officials.
When contacted, an Air India spokesperson said that all airlines are subject to regular safety audits by regulators and other bodies.
"Air India actively engages in such audits to continually assess and strengthen our processes," the spokesperson said in a statement and added that the airline directly addresses any matters raised with the authority concerned.
According to the inspection report submitted to the DGCA, the airline was supposed to carry out regular safety spot checks in various areas of operations such as cabin surveillance, cargo, ramp and load but during a random inspection of 13 safety points, the team found that the airline prepared false reports in all 13 cases.
"Moreover, when cross-verified with CCTV, recordings, auditee statements, shift register documents, GD ..

Heatmap

Please Enter some text in above box to get result

Latest News

In this section

All

Saudi Aramco targeted in UN human rights probe tied to climate change

Gen AI more of assistant, hard to say if can operate standalone: Salesforce

India, China offer different views on Modi-Xi conversation in Johannesburg

Japan's SoftBank will likely sell shares in India's Zomato: Report

DGCA inspection finds lapses in Air India's internal safety audits

Most Popular

Read

Shared

Commented

Adani-Hindenburg case: Sebi shares investigation update with Supreme Court

Ashish Kacholia buys 1 mn shares of this auto company; stk up 43% in 2 days

Sensex slides 366 pts, extends losing run to 5-weeks; Nifty tests 19,250

Jio Financial share exclusion from Sensex, indices postponed to Aug 31

Zepto becomes first unicorn this year, raises $200 mn at $1.4 bn valuation