The company was directed to pay the fine within 45 days, according to an order passed by the Securities and Exchange Board of India

Press Trust of India

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

Business Standard

'Diesel, petrol and electric cars will coexist in premium segment'

The installation is expected to be completed by March 2024

Cyber criminals are exploiting popularity of ChatGPT to spread malware through hijacked Facebook accounts, cyber intelligence firm CloudSEK said on Monday.
CloudSEK in its investigation has found the presence of 13 Facebook pages or accounts including those with Indian content, totalling over 5 lakh followers, that have been compromised and are being used to disseminate the malware via Facebook ads.
"Cybercriminals are capitalising on the popularity of ChatGPT, exploiting Facebook's vast user base by compromising legitimate Facebook accounts to distribute malware via Facebook ads, putting users' security at risk. Our investigation has uncovered 13 compromised pages with over 500k followers, some of which have been hijacked since February 2023. We urge users to be vigilant and aware of such malicious activities on the platform," CloudSEK cyber intelligence analyst Bablu Kumar said.
CloudSEK claims to have uncovered at least 25 websites engaged in the nefarious practice of impersonati

Billionaire Gautam Adani's AMG Media Networks has acquired about a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about Rs 48 crore.
In a stock exchange filing, Adani Enterprises Ltd said its subsidiary AMG Media Networks Ltd has completed the acquisition which was originally announced in May last year.
The transaction was completed on March 27 for "Rs 47.84 crore", it said.
Quintillion Business Media runs the news platform Bloomberg Qunit, now called BQ Prime.
Adani group had set up AMG Media Networks for its foray into businesses of "publishing, advertising, broadcasting, distribution of content over different types of media networks".
In May last year, it had signed a shareholders' agreement with Quintillion Media Ltd (QML) and QBML.
In September 2021, it hired veteran journalist Sanjay Pugalia to lead its media company Adani Media Ventures.

Stepping up the fight in fixed broadband segment, Jio on Monday introduced its entry level broadband plan at a price as low as Rs 198 per month.
The plan, named Broadband Back-up plan, will come with top internet speed of 10 megabit per second.
Earlier, the minimum price for availing Jio Fiber connection was Rs 399 per month.
The company has also provided an option to upgrade the internet speed to 30 mbps or 100 for 1 to 7 days by paying in the range of Rs 21 to Rs 152.
"...we at Jio understand the customer's need to remain connected round the clock with dependable broadband connectivity at home. With JioFiber Backup, we want to offer alternate reliable broadband connectivity for homes. This new concept of a back-up connection allows homes to have an alternate broadband connectivity with an assured supply of data at an affordable price," Jio spokesperson said.
Jio now leads the fixed line connection segment with 84 lakh customers accounting for 30.6 per cent market share.
A new .

Global beverages major The Coca-Cola Company is bullish on the Indian market and is continuing to invest in the country through its partners, the company's President and Chief Financial Officer John Murphy said on Monday.
India's rapid progress in infrastructure, electrification and digitisation offer a long runway ahead for the economy to grow and it fosters confidence, he said at a media round table here.
A lot of development has taken place in urban and rural India, which has created an emerging middle class, ensuring growth for many years to come, he said.
"When you have an economy growing, our industry typically benefits from economic growth," he said.
"For us, there are tremendous ingredients to the growth equation that we are developing. And to manage growth, you have to invest. We are fortunate to have partners in India who believe in the opportunity they have and are investing in infrastructure and people," he noted.
A lot of investment is underway through franchise bottl

While the relatively richer and poorer households have seen their consumer sentiments spurt, the middle income households have seen slower growth in their sentiments

Tata Cleantech Capital, the green funding arm of Tata Capital, on Monday said its equity partner International Finance Corporation has picked up its sustainability-linked bonds worth USD 50 million or about Rs 375 crore.
The bonds are the first in the country by a private financial institution, and the money will help Tata Cleantech Capital -- a joint venture between Tata Capital and the IFC -- strengthen its position as a leading green financier by funding climate and sustainability projects.
The company will use the money to scale up on-lending towards renewable energy projects and diversify into energy efficiency and e-mobility sectors over the next three years, it said, adding this is the first such instrument issued by a private financial institution in the country and will support the shift to a clean energy economy.
Aligning with our sustainability goals, IFC's innovative financing structure will strengthen our green financing portfolio apart from helping diversify our ...

The theme of this year's World Water Day - marked annually on 22 March - is "Nature for Water", which "explores nature-based solutions (NBS) to the water challenges we face in the 21st century" according to the United Nations Environment Programme.The challenges are tough as the UN notes that currently 2.1 billion people "lack access to safely managed drinking water services," while an estimated 1.8 billion "use an unimproved source of drinking water with no protection against contamination from human faeces." Business Standard takes a look at the water challenges faced in India.

World Water Day: Photos that depict the water challenges in India

The theme of this year's World Water Day - marked annually on 22 March - is "Nature for Water", which "explores nature-based solutions (NBS) to the water challenges we face in the 21st century" according to the United Nations Environment Programme.The challenges are tough as the UN notes that currently 2.1 billion people "lack access to safely managed drinking water services," while an estimated 1.8 billion "use an unimproved source of drinking water with no protection against contamination from human faeces." On World Water Day, Business Standard takes a look at the water challenges faced in India.

World Water Day 2018: Photos that depict the water challenges in India

Here’s what the airlines don’t want you to figure out: All it takes is a little points savvy to experience luxurious seats for pennies on the dollar. And thanks to powerful credit cards such as Chase Sapphire Reserve and American Express Platinum, loyal flying may not be necessary. Here are the hacks that will get you into the five best cabins in the skies today.

Want to fly best first-class seats on top airlines at dirt-cheap rates? Try this

Here's what the airlines don't want you to figure out: All it takes is a little points savvy to experience luxurious seats for pennies on the dollar. And thanks to powerful credit cards such as Chase Sapphire Reserve and American Express Platinum, loyal flying may not be necessary. Here are the hacks that will get you into the five best cabins in the skies today.

Flying Officer Avani Chaturvedi has created history by becoming the first Indian woman fighter pilot to fly solo.

Meet Avani Chaturvedi: India's first-ever Indian woman to fly MiG-21 solo

Auto Expo 2018: Concept cars steal the show, two-wheelers not far behind

With national polls looming next year -- and possibly as early as late 2018 -- Finance Minister Arun Jaitley has rolled out a budget designed to help distressed farmers and rural areas while boosting growth, jobs and private investment.

Union Budget 2018: Here's a list of all the gainers and losers

69th Republic Day celebration at Rajpath on Friday at New Delhi

R-Day celebrations: India showcases military might, cultural diversity

Police deployment has been doubled around cinemas across India after the release of Sanjay Leela Bhansali's period drama 'Padmaavat' on Thursday.

Padmaavat row: High security around movie theatres amid violent protests

On February 1, all eyes will be on Finance Minister Arun Jaitley when he rises to present the Union Budget 2018-19 to the nation. Jaitley has his task cut out for the dwindling Indian economy which has decelerated due to note ban and GST,

Budget 2018: Meet the key men who will decide your taxes this year

The future is on display at the Detroit Auto Show - or at least the very-near future. Executives in natty suits (and the occasional sweater) are busy unwrapping a bevy of vehicles that will soon be in dealerships. Here are some of those exciting and eye-catching machines

Top eye-catching machines at the Detroit Auto Show

Prime Minister Narendra Modi on Sunday said Republic Day celebration in 2018 would be "remembered through the ages" because the government for the first time in India's history would host leaders of 10 Asean countries as chief guests on January 26.

These ASEAN leaders will attend India's 69th Republic Day celebrations

Puri (Odisha), March 22(ANI): West Bengal Chief Minister Mamata Banerjee on March 22 visited Puri’s iconic Jagannath Temple. While addressing the media persons, Mamata Banerjee said “I have offered prayers for Indians, people of Bengal and Odisha. I am very grateful that the flag that was there on the top of the temple is given to me.”

West Bengal CM Mamata Banerjee visits at Jagannath Temple in Puri

Puri (Odisha), March 22(ANI): West Bengal Chief Minister Mamata Banerjee on March 22 visited Puri's iconic Jagannath Temple. While addressing the media persons, Mamata Banerjee said "I have offered prayers for Indians, people of Bengal and Odisha. I am very grateful that the flag that was there on the top of the temple is given to me."

Chandigarh, March 22 (ANI): Amid the high-profile crackdown on the ‘fugitive’ pro-Khalistani radical leader Amritpal Singh by Punjab Police, political fumes in the Punjab Assembly is showing no signs of dousing. Congress on March 22 questioned that Punjab police are arresting his associates, but why are they failing to arrest Amritpal Singh. Speaking on this matter, Punjab Minister Brahm Shankar Jimpa said that this behaviour of Congress shows their character. “The character of congress came before people, why they are leaving the house and not being able to face it. It is a request to Shiromani Akali Dal to not do any politics for the peace of Punjab. People of Punjab will never tolerate this,” Punjab Minister said.

Punjab Minister launches bittering attack on Congress over leaving Parliament session

Chandigarh, March 22 (ANI): Amid the high-profile crackdown on the 'fugitive' pro-Khalistani radical leader Amritpal Singh by Punjab Police, political fumes in the Punjab Assembly is showing no signs of dousing. Congress on March 22 questioned that Punjab police are arresting his associates, but why are they failing to arrest Amritpal Singh. Speaking on this matter, Punjab Minister Brahm Shankar Jimpa said that this behaviour of Congress shows their character. "The character of congress came before people, why they are leaving the house and not being able to face it. It is a request to Shiromani Akali Dal to not do any politics for the peace of Punjab. People of Punjab will never tolerate this," Punjab Minister said.

New Delhi, March 22(ANI): Indian boxer Nikhat Zareen won the quarter-finals of Women’s World Boxing Championship against Chuthamat Rakshit of Thailand. While addressing the media persons on March 22, she expressed her happiness over winning the bout and confirming a medal for India.“It was a very close match but I won the match. I am very happy to confirm a medal for my country. Tomorrow I will have a semi-final match,” said Nikhat Zareen.

Anti-India protests by Khalistanis outside the Indian HC in London; Metropolitan police on guard

New Delhi, March 22(ANI): Indian boxer Nikhat Zareen won the quarter-finals of Women's World Boxing Championship against Chuthamat Rakshit of Thailand. While addressing the media persons on March 22, she expressed her happiness over winning the bout and confirming a medal for India."It was a very close match but I won the match. I am very happy to confirm a medal for my country. Tomorrow I will have a semi-final match," said Nikhat Zareen.

Puri (Odisha) March 22 (ANI): West Bengal Chief Minister Mamata Banerjee on March 22 reviewed ‘Bhakta Niwas’ building construction area for West Bengal devotees in Puri. CM Mamata Banerjee is on a three-day visit to Odisha. “Tourists from Bengal come to Odisha. West Bengal devotees in huge numbers visit Odisha and sometimes, they don’t find places to stay and they wander to places. I am grateful that Naveen Ji announced me the State guest. This time we are staying in the Rural development building. I, myself tried to find a room in a hotel but was unable to get it. So, more hotels need to be made in Puri to stay. This is a must thing,” CM Mamata said.

CM Mamata reviews ‘Bhakta Niwas’ building construction area in Odisha

Puri (Odisha) March 22 (ANI): West Bengal Chief Minister Mamata Banerjee on March 22 reviewed 'Bhakta Niwas' building construction area for West Bengal devotees in Puri. CM Mamata Banerjee is on a three-day visit to Odisha. "Tourists from Bengal come to Odisha. West Bengal devotees in huge numbers visit Odisha and sometimes, they don't find places to stay and they wander to places. I am grateful that Naveen Ji announced me the State guest. This time we are staying in the Rural development building. I, myself tried to find a room in a hotel but was unable to get it. So, more hotels need to be made in Puri to stay. This is a must thing," CM Mamata said.

CM Mamata reviews 'Bhakta Niwas' building construction area in Odisha

New Delhi, Mar 22 (ANI): In view of the recent surge in COVID cases in the country, Prime Minister Narendra Modi will hold a high-level meeting today to review the Covid-related situation and public health preparedness. India recorded 1,134 new cases recorded in the last 24 hours, with the active caseload currently at 7,026, stated the Ministry of Health and Family Welfare. Earlier on Tuesday, the national capital recorded one Covid death and 83 fresh cases amid the rising Covid-19 cases in neighbouring Maharashtra. On March 19, the Ministry of Health and Family Welfare also issued revised guidelines for Covid-19 in the wake of the surge of cases.

PM Modi chairs high-level meeting to review COVID-related situation

New Delhi, March 22 (ANI): On March 22, Delhi Chief Minister Arvind Kejriwal promised that the Aam Aadmi Party government will clean the Yamuna river and that he will take a dip in it ahead of the next Assembly elections. Addressing the media persons, Kejriwal said that the government has prepared a six-point action plan to clean the Yamuna river. "A 6-point action plan has been formed to clean Yamuna...Before the next election in 2025, I will take a dip with you in Yamuna. The three landfills (in Delhi) will be cleared by December 2024,” he said.

“Will clean Yamuna before 2025 election, will take dip…” Kejriwal’s promise for 2025 Delhi polls

New Delhi, March 22 (ANI): On March 22, Delhi Chief Minister Arvind Kejriwal promised that the Aam Aadmi Party government will clean the Yamuna river and that he will take a dip in it ahead of the next Assembly elections. Addressing the media persons, Kejriwal said that the government has prepared a six-point action plan to clean the Yamuna river. "A 6-point action plan has been formed to clean Yamuna...Before the next election in 2025, I will take a dip with you in Yamuna. The three landfills (in Delhi) will be cleared by December 2024," he said.

"Will clean Yamuna before 2025 election, will take dip…" Kejriwal's promise for 2025 Delhi polls

Jaipur (Rajasthan), 22 March (ANI):  Chief Minister Ashok Gehlot inaugurated the Rajasthan International Expo at Boranada in Jodhpur. On this occasion, the Chief Minister honoured 20 exporters who have bagged Rajasthan Export Award-2021 for remarkable work in the field of exports. During the expo, the Chief Minister said that due to the excellent industrial policies and programs of the state government, export and investment have increased in Rajasthan. The export of 50 thousand crore rupees done in the year 2022-23 is the result of the efficient management of the state government.Along with this, the Chief Minister said that the MSME policy has been implemented by the government in the state. Due to this, more than 16 thousand industrial units have been established in the state so far. Under the MSME Establishment and Facilitation Act, no government permission is required for 5 years to start an industry in the state. This provision made by the government has increased the number of s

Chief Minister Ashok Gehlot inaugurates Rajasthan International Expo

Rajasthan has best environment for investment and export: CM Gehlot

New Delhi, March 22(ANI): TMC Leader Dola Sen on March 22, reacted to Kailash Vijayvargiya’s remark on post-partition India. She said Kailash Vijayvargiya does not know the true meaning of India. She also said that there was no predecessor of the BJP in the freedom movement. While speaking to ANI, Dola Sen said “There was no predecessor of the BJP in the freedom movement. Whoever went to jail, wrote letters apologising and came out. He (Kailash Vijayvargiya) does not know the true meaning of India.”

Dola Sen condemns Kailash Vijayvargiya’s remark, says there was no BJP during freedom movement

New Delhi, March 22(ANI): TMC Leader Dola Sen on March 22, reacted to Kailash Vijayvargiya's remark on post-partition India. She said Kailash Vijayvargiya does not know the true meaning of India. She also said that there was no predecessor of the BJP in the freedom movement. While speaking to ANI, Dola Sen said "There was no predecessor of the BJP in the freedom movement. Whoever went to jail, wrote letters apologising and came out. He (Kailash Vijayvargiya) does not know the true meaning of India."

Dola Sen condemns Kailash Vijayvargiya's remark, says there was no BJP during freedom movement

New Delhi, March 22 (ANI): Indian Boxer Nitu Ghanghas assured India a medal after reaching semifinals in Women's World Boxing Championship 2023. Confident pugilist said that she wants to win the gold medal. "My performance today bodes well for the coming matches as well. I played watching, and I took an aggressive approach in the end. I want to win the gold medal," she said.

Indian Boxer Nitu Ghanghas eyes gold after winning quarterfinals in Women’s Boxing World C’ships

Indian Boxer Nitu Ghanghas eyes gold after winning quarterfinals in Women's Boxing World C'ships

Business News: Get latest stock share market news, financial news, budget 2023 news, economy news, company news, politics news, India news, breaking news at Business Standard. Catch Nifty Sensex Live updates.

Displaying categorized search results for, "asset-allocation" Advance Search

Displaying categorized search results for, "asset-allocation"