Weak demand, global slowdown add to their woes

Crude oil

The stock price of GVK Power & Infrastructure was locked in the 5% upper circuit for the eight day, trading at its highest level since September 2018 on the BSE

Sensex, Nifty, stock brokers

His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm

Reliance Industries chairman Mukseh Ambani and Nita Ambani's children, left to right, Akash, Isha and Anant Ambani. PTI: Photo

Isha, Akash and Anant Ambani

Analysts at Jefferies, believe that the time is ripe to buy Eicher Motors given alleviating competitive concerns, along with tailwinds of 2W demand recovery, industry premiumization and exports.

Eicher Motors, motorcycle ,Royal Enfield, Royal Enfield bikes,

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

India were seeded directly into the quarterfinals in League of Legends E-sports event, while they will begin their campaign from the round of 32 in two other sections in the Asian Games.
India will compete in four of the seven events in the E-sports which will be making its full-fledged debut as an official medal sport at the Hangzhou showpiece.
Having dominated the Central and South Asia seeding event and clinching the top-seed, Indian team have gained a direct entry into the quarter-finals in League of Legends event.
The Indian League of Legends team is represented by captain Akshaj Shenoy (Kai), Samarth Arvind Trivedi (CrankO), Mihir Ranjan (Lotus), Sanindhya Malik (Deadcorp), Aakash Shandilya (Infi) and Aditya Selvaraj (Krow).
In FC Online-4, Charanjot Singh (Charanjot12_) secured top seed, while his teammate Karman Singh (tikkatown) clinched fifth seed.
Due to their seeding advantage, both athletes will kick off their campaigns from the last-32 stage with Charanjot squaring o

Asian Games 2023: Indian Esports team grabs top seed, begins campaign in QF

The RSS-affiliated ABVP maintained its dominance in the Delhi University Students' Union (DUSU) by winning three central panel posts, including that of president, on Saturday while its arch-rival NSUI, the student wing of the Congress, bagged the remaining one.
The elections, which happened after a gap of four years, assume significance ahead of the Lok Sabha elections due early next year. The polling was held on Friday and the votes were counted on Saturday.
Tushar Dedha, Aparajita and Sachin Baisla of the Akhil Bharatiya Vidyarthi Parishad (ABVP) won the posts of president, secretary and joint secretary, respectively, while Abhi Dahiya of the National Students' Union of India (NSUI) bagged the post of vice-president.
The ABVP's landslide victory in the DUSU polls reflected the young generation's faith in "the ideology that puts national interest first", Union Home Minister Amit Shah said and congratulated ABVP activists.
Some BJP leaders said the poll outcome showed the defeat of

ABVP

The IBSA ministers reaffirmed G20's role as the premier forum for international economic cooperation

IBSA

The DGCA "does not have any power or delegated authority to interfere in any employment contract," it said

Akasa Air

The BJP on Saturday announced that it will launch an awareness campaign on the Women's Reservation Bill in all 50,000 villages of Odisha and highlight Prime Minister Narendra Modi's efforts towards women empowerment.
This was announced by senior party leader and Union Education Minister Dharmendra Pradhan in presence of BJP state president Manmohan Samal.
"The party will rope in local organisations to hold awareness meetings in 50,000 villages in Odisha. At present, Lok Sabha has 81 women MPs which will increase to 182 after the implementation of the bill. While the Odisha Assembly has 18 women MLAs, it will increase to 49," Pradhan told reporters here at the BJP's state headquarters.
The bill to reserve one-third of the seats in the Lok Sabha and state assemblies for women received the parliamentary nod on Thursday as the Rajya Sabha unanimously voted in its favour. The Lok Sabha passed it on Wednesday. It will now require the approval of a majority of the state assemblies.
The ..

Women, gender, politics, female, democracy, women reservation, parliament

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

Madhusoodanan has been an independent director with the bank since 2022

Dhanlaxmi Bank

Uttarakhand govt signed MoU of Rs 2,000 crore with the French cable car company POMA ropeways for investment in the state under the Uttarakhand Global Investors Summit in London on Tuesday

Pushkar Singh Dhami

Eicher has sharply underperformed the Nifty50 index over the past one year with a return of -1.2 per cent while the benchmark is up 15.6 per cent during this period

Eicher Motors, Classic 350 motorcycle

Logistics company Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to launch an accelerator programme for budding entrepreneurs in the logistics space, a statement said on Tuesday.
The programme, Velocity, will help build a logistic ecosystem to enable new entrepreneurs to convert their ideas into viable, functional business solutions,  Delhivery Chief Technology Officer and Executive Director Kapil Bharati said.
Leading cloud services provider AWS is providing activate cerdits of USD 25,000 (around Rs 21 lakh) to selected startups for building and scaling technology infrastructure.
In the first edition of the programme, 20 out of 234 applicants were picked for providing mentorship, the statement said.
Warehousing-focused ODWEN, Wherehouse, and Warehousity; EV fleet providers, including EVIFY and Zyngo, agritech startups such as Upjao Agrotech and E Sandhai and aggregator platforms Paapos, Hyphen SCS, and Loadexx were among the selected startu

Delhivery

The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private

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RBI clears K N Madhusoodanan as part-time chairman of Dhanlaxmi Bank

Uttarakhand govt signs MoU of Rs 2,000 crore with cable car company

Eicher Motors may see a smooth ride on easing concerns of competition

Delhivery partners with Nexus Ventures, AWS for accelerator programme

CVC mulls controlling stake sale in Indian hospital chain HealthCare Global

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Impact check: Higher crude oil prices threaten India Inc's profit margins

At 5-year high: This power & infra stock has zoomed 146% in last one month

Ambani's children will get no salary, only fee for attending board meetings

Jefferies is bullish on these two 2-wheeler makers, sees up to 23% upside

Moody's rpt on Aadhaar made assertions without citing any evidence: UIDAI

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