Collection in H1 over 50% of BE of Rs 27,625 cr

Union Civil Aviation Minister Jyotiraditya Scindia and Railways Minister Ashwini Vaishnaw have been coordinating in recent months on these projects

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity

airport

India has told Canada that if any of these diplomats stay after October 10, their diplomatic immunity will be revoked

Justin Trudeau

The run-up in the markets in these last few months, analysts at HSBC said, has made investors nervous about the markets amid multiple headwinds

markets

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.
This is the company's second attempt to go public.
Earlier, the company filed draft papers with the Securities and Exchange Board of India (Sebi) in August 2021 for floating an Initial Public Offering (IPO) but deferred the maiden public issue amid uncertain market conditions.
According to the Draft Red Herring Prospectus (DRHP) filed on Thursday, the IPO comprises fresh issuance of equity shares worth Rs 250 crore and an Offer For Sale (OFS) of 1.42 crore equity shares by Banyantree Growth Capital II, LLC.
Besides, the company is looking to raise Rs 50 crore in a pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced.
Proceeds of the fresh issue will be used for payment of debt and general corporate purposes.
The Kerala-based company is a leading divers

Rishi Sunak will be leading his first Conservative Party conference as British Prime Minister this weekend and goes into the annual event starting on Sunday amid pressure from his backbenches over cutting taxes as the governing party prepares for a general election, expected in 2024.
His predecessor, Liz Truss, who had a historically brief run at 10 Downing Street last year after her attempt at slashing taxes in a controversial mini-budget and former Indian-origin home secretary Priti Patel are among the Tory MPs openly voicing their discontent.
It came after the Institute for Fiscal Studies (IFS) think tank issued a forecast this week that tax levels in the UK are at their highest since records began 70 years ago.
This unprecedentedly high tax burden is one of the reasons our economy is stagnating and why we need to cut taxes to help make Britain grow again, tweeted Truss.
We should always seek to reduce the tax burden, especially when there's so much pressure on family budgets, s

Rishi Sunak

As the advancement of Artificial Intelligence (AI) has given rise to new possibilities in the world of literature, experts and translators feel that there is still time before such tools learn to translate human emotions.
Looking at the increasing presence of AI in all spheres of life, while some translators believe that such technologies could give birth to new opportunities in translation, others are of the opinion that it could also lead to a crisis-like situation.
Speaking to Bhasha on the occasion of International Translation Day on Saturday, Kolkata-based translator and writer V Ramaswami, said that at present, the vocabulary of the machine is very limited, necessitating a human translator to correct it later.
"The vocabulary of the machine is very limited. Yes, one can use Google Translate and then fix and edit it. I am sure this is also being done. But I think it's much quicker to translate it yourself than to correct a mistranslation again. Hence, the need for a human ...

AI, google, Artificial Intelligence

The edtech firm is yet to file its FY22 results with Registrars of Companies and this delay has been a key concern among investors as well as the lenders

Byju's

In a bid to further strengthen its presence in Karnataka, Texas-based technology conglomerate Dell is considering a fresh investment in its research and development (R&D) centre in Bengaluru, according to the office of Karnataka Large and Medium Industries & Infrastructure Minister M B Patil.
The company already operates a prominent research and development centre in Bengaluru. At the global level, Dell operates around 25 manufacturing facilities with 14 of these facilities dedicated to R&D.
On Friday, senior officials from Dell held meetings with Patil at Austin in the USA and sought support from the Karnataka government to overcome import restrictions on Special Economic Zone (SEZ) operations, which would enhance cost sustainability for Dell's expansion in India, his office said in a statement here.
A business delegation led by Patil is visiting various states in the US to attract investments into the state.
The delegation also met leading semiconductor manufacturing ...

Dell, Dell Technologies

The combined market valuation of five of the top 10 most valued firms declined by Rs 62,586.88 crore last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid an overall bearish trends in equities.
Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent.
The market valuation of TCS plunged Rs 26,308.58 crore to Rs 12,91,919.56 crore.
Infosys witnessed an erosion of Rs 25,296.43 crore from its valuation which was at Rs 5,95,597.10 crore.
The market valuation of Reliance Industries fell by Rs 5,108.05 crore to Rs 15,87,553.37 crore and that of Hindustan Unilever declined by Rs 3,865.08 crore to Rs 5,79,373.96 crore.
The market capitalisation (mcap) of HDFC Bank dipped Rs 2,008.74 crore to Rs 11,57,145.86 crore.
However, the mcap of Bajaj Finance jumped Rs 20,413.41 crore to Rs 4,73,186.41 crore.
Bharti Airtel added Rs 8,520.13 crore to Rs 5,19,279.14 crore in its valuation while

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

jobs, IT jobs, IT industry, AI

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

As the festival season approaches, followed by elections, state and national, there will be pressure on liquidity since cash with the public will rise

Banks credit growth

Bidhuri may be a small fry in the larger calculus of the party. Yet, in his blundering and uncultured way, he was voicing in Parliament what has already been normalised on the streets

Bidhuri

The Madras High Court has held that the concept of communal reservation or reservation for Scheduled Castes, Scheduled Tribes and other Backward Classes of citizens would not apply to minority institutions.
The first bench comprising Chief Justice S V Gangapurwala and Justice P D Audikesavalu gave the ruling while partly allowing an appeal and a petition from Justice Basheer Ahmed Syed College for Women (Autonomous) in the city, assailing a November 2021 order, rejecting the extension of religious minority status to the college.
The college also sought a direction to issue the Permanent Religious Minority status certificate.
Though reservation was made applicable to the socially and educationally Backward Classes of citizens, the SCs and the STs for admission, from the educational institutions, the minority educational institutions were consciously excluded from the operation of Article 15(5) of the Constitution of India, the bench said.
It noted that Article 15(5) of the Constitut

quota, reservation

This move will potentially unlock 15-20 million sellers in historically under-penetrated states for the company

Meesho app

This comes a day after Dalvir Suri, another one of Dunzo's co-founders, announced his exit from the company after joining its ranks in 2015

Dunzo pulls out all stops to be No.1 in quick commerce; bets on automation

Dunzo

SpiceJet on 12 September paid Maran Rs 100 crore out of an order of Rs 380 crore for an arbitral award

Delhi High Court

The Indigenous Tribal Leaders' Forum (ITLF), a major Kuki organisation, on Tuesday withdrew the indefinite shutdown it called two days ago in Churachandpur district to protest against the arrests made by the CBI and NIA in connection with the killing of two youths and another case.
The ITLF said it will monitor the situation and decide later if another intense agitation is needed.
After careful consideration, the indefinite shutdown declared by the Indigenous Tribal Leaders' Forum ... will be concluded by 6 pm today, the tribal body said in a statement.
It said that an ongoing dharna by the ITLF women's wing will be resumed from next week.
News of the killing of two youths - 20-year-old male Phijam Hemanjit and Hijam Linthoingambi, a 17-year-old girl - who had gone missing on July 6 caused a massive outcry and violent demonstration in Imphal Valley after photos of their bodies surfaced on September 25.
Four people were arrested by CBI in connection with the kidnapping and killing.

Displaying categorized search results for ...

Latest News

In this section

All

SC/ST, OBC quota would not apply to minority institutions: Madras HC

Meesho makes platform non-GST inclusive to attract millions of new sellers

Dunzo faces another co-founder exit: Mukund Jha set to leave startup

Delhi HC defers hearing to Oct 9 hearing in Spicejet vs Maran case

Manipur's tribal body ITLF withdraws indefinite shutdown after 2 days

Most Popular

Read

Shared

Commented

Securities transaction tax collection likely to go past Budget target

PM Gatishakti: 3 upcoming airports on fast track to get rail connectivity

Nijjar killing row: India asks Canada to withdraw 41 diplomats by Oct 10

Markets in a correction mode: It's your portfolio. Make it large!

As households save less, India's growth story may not have happy ending

Displaying categorized search results for ... Advance Search