Adani, Adani Group

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 2.63 per cent rise in consolidated net profit to Rs 1,140.97 crore for the fourth quarter ended March 2023.
The country's largest integrated logistics player had clocked a consolidated net profit of Rs 1,111.63 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.
Its consolidated total income increased to Rs 6,179.12 crore for the fourth quarter of the last fiscal against Rs 4,739.08  crore in the year-ago period.
The total expenses also rose to Rs 3,993.62 crore in the quarter under review from Rs 3,497.49 crore a year ago.

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 2.63 per cent rise in consolidated net profit to Rs 1,140.97 crore for the fourth quarter ended March 2023.

APSEZ reports net profit up by 2.63% to Rs 1,140.97 cr in March quarter

Press Trust of India

The initial share-sale of LED lighting solutions provider IKIO Lighting Ltd is set to open for public subscription on June 6.
The three-day initial public offering (IPO) will conclude on June 8. The bidding for anchor investors will open on June 5, according to the red herring prospectus (RHP).
The IPO consists of a fresh issue of equity shares worth up to Rs 350 crore and an offer-for-sale (OFS) of up to 90 lakh equity shares by promoters -- Hardeep Singh and Surmeet Kaur.
Proceeds from the fresh issuance worth Rs 50 crores will be used for debt payment, Rs 212.31 crore will be used in the company's wholly-owned subsidiary, IKIO Solutions, to set up a new facility at Noida, Uttar Pradesh, and for general corporate purposes.
IKIO Lighting is a manufacturer of light-emitting diode (LED) lighting solutions. It is primarily an original design manufacturer (ODM) and designs, develops, manufactures,s and supplies products to customers who then further distribute these products under its

The initial share-sale of LED lighting solutions provider IKIO Lighting Ltd is set to open for public subscription on June 6.

Noida-based IKIO Lighting's IPO to kick off on June 6; check details here

ADB, GoI sign $300-mn loan to improve primary healthcare in urban areas

Asian Development Bank, ADB

The new strategy will focus on ADB deepening its engagement with the country and supporting India's drive for robust, climate-resilient, and inclusive growth

Asian Development Bank to focus on urban schemes in new India strategy

Business Standard

Artificial intelligence, AI, machine learning

Scientists and tech industry leaders issued a new warning Tuesday about the perils that artificial intelligence poses to humankind.
Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war, said the statement posted online.
Sam Altman, CEO of ChatGPT maker OpenAI, and Geoffrey Hinton, a computer scientist known as the godfather of artificial intelligence, were among the hundreds of leading figures who signed the statement, which was posted on the Center for AI Safety's website.
Worries about artificial intelligence systems outsmarting humans and running wild have intensified with the rise of a new generation of highly capable AI chatbots such as ChatGPT.
More than 1,000 researchers and technologists, including Elon Musk, signed a letter earlier this year calling for a six-month pause on AI development because, they said, it poses profound risks to society and humanity.
Countries around the world ar

Scientists and tech industry leaders issued a new warning Tuesday about the perils that artificial intelligence poses to humankind.

Artificial intelligence threatens extinction, experts say in new warning

Coal India likely to auction 30 million tonnes of coal in Jan-Mar quarter

Coal India

Coal India Ltd (CIL) on Tuesday said it has increased prices of non-coking coal by 8 per cent.
The prices will come into effect from Wednesday, the miner said in a regulatory filing.
"The Board has approved a price increase of 8 per cent over the existing notified prices for high-grade coal of grade G2 to G10. This will be applicable to all subsidiaries, including NEC, for regulated and non-regulated sectors," CIL said.
The board of directors of the company approved the revision in the prices of non-coking coal with effect from 00:00 hours of May 31, 2023, it said.
Following this revision, CIL is expecting to earn incremental revenue of Rs 2,703 crore for the balance period of the financial year 2023-24.
Thermal coal is a non-coking coal used by power plants to generate electricity. A rise in its prices impacts the power generation cost.
Coal India, under the Ministry of Coal, is the largest coal producer in India.
As per official data, in April 2022, the country's overall coal

Coal India Ltd (CIL) on Tuesday said it has increased prices of non-coking coal by 8 per cent.

CIL hikes non-coking prices by 8%; expects Rs 2,703 cr incremental revenue

lightning

A thunderstorm accompanied by rain hit Delhi on Tuesday evening with gusty winds blowing across the national capital, sending pedestrians running for cover and affecting vehicular movement.
The India Meteorological Department said the maximum temperature settled at 35.9 degrees Celsius, five notches below normal.
Delhi has been hit by a thunderstorm, an IMD official said.
As gusty winds blew across the city, many pedestrians rushed for shelter as it began to rain while vehicular movement was also affected.
The relative humidity oscillated between 48 per cent and 91 per cent.
Delhiites had woken up to a pleasant morning on Tuesday with the minimum temperature settling at 20.7 degrees Celsius, six notches below normal.
The city recorded 1.2 mm of rainfall during the 24 hours that ended at 8.30 am on Tuesday.
The weather office has forecast partly cloudy skies with light rain and thunderstorm accompanied by gusty winds on Wednesday. The maximum temperature is expected to hover arou

A thunderstorm accompanied by rain hit Delhi on Tuesday evening with gusty winds blowing across the national capital, sending pedestrians running for cover and affecting vehicular movement.

Thunderstorm, rain hit Delhi; max temp settles 5 notches below normal

Blackrock

The US-based asset manager cut the value of Byju's share by 62% in the quarter ending March this year, from a year ago

BlackRock slashes edtech giant Byju's valuation again, reduces to $8.4 bn

Author And Entrepreneur Kapil Pathare\'s Book \"Maiden Innings\" Is a Celebration of Women\'s Cricket

Mumbai (Maharashtra) [India], May 30: Women's cricket has gained much traction over the last few years. The laurels and feats achieved by the Indian Women's team are highly commendable. In the early 1970s, women's cricket in India embarked on a remarkable journey, with young girls from all over the nation coming together, fueled by a spirit of adventure and determination. In spite of the many obstacles that were placed before them, these pioneers have set many historical records, including the first overseas tour, the first World Cup, and the first controversies. Yet their victories often went unnoticed.

Author And Entrepreneur Kapil Pathare's Book "Maiden Innings" Is a Celebration of Women's Cricket

ANI Press Release

AIM Rajasthan Network organises \'Start-up 20\' at VGU Jaipur 

New Delhi [India], May 30: The AIM Rajasthan Network (AIC Banasthali, Catalyst AIC, AIC JKLU, AIC MUJ, and ACIC VGU) organised the first Startup20x event in the state, Startup20X Jaipur - Rajasthan Startup20 Sabha- at the Jaipur based Vivekananda Global University, a NAAC A+ accredited University, on 26 May, 2023.

AIM Rajasthan Network organises 'Start-up 20' at VGU Jaipur 

Phonlo announces grand opening of new store in Rohini Sector 3 on June 4th

New Delhi [India], May 30: Phonlo Announces the Grand Opening of a New Store in Rohini Sector 3 on June 4th, Offering High-Quality and Budget-Friendly Electronics and Lifestyle Products. Rohini Sector 3 is a buzz with excitement as Phonlo, the renowned electronics and lifestyle retail chain, prepares to open its doors to customers on June 4th. With over 20 years of industry experience and a network of 20+ stores, Phonlo has established itself as a trusted name in the Delhi-NCR region. Boasting a customer base of over one million satisfied individuals, Phonlo has become synonymous with providing top-notch products and a delightful shopping experience.

Maruti Suzuki (MS) is all set to bring its much-awaited, five-door off-roader Jimny into the market on June 7. Here's all you need to know about the new Gypsy.

Maruti Suzuki Jimny 2023 | All you need to know about the new Gypsy

In a recent run-off election, Recep Tayyip Erdogan emerged victorious securing another five-year term as the president of Turkey. 
Watch the video to know more about his challenges.

Turkey election 2023: Erdogan wins another term as president but challenges remain

Employees Provident Fund or EPF is a mandatory savings and retirement scheme for employees of an eligible organisation, which can be used as a corpus post-retirement.

How To Withdraw PF Advance Online? Here's A Step-By-Step Guide

From US to Australia, investors from 21 nations get angeltax exemption. Watch the video to dive into the details and explore what exactly this angel tax is all about.

21 nations get angel tax exemption. Here’s what this means

21 nations get angel tax exemption. Here's what this means

The Narendra Modi government completes 9 years in power. Here's a look at major events in these 9 years.

9 Years of PM Modi | A look at the major events

Did you know RBI under Raghuram Rajan floated the idea of introducing Rs 5,000 and Rs 10,000 notes in 2014?
Watch the video to know the tale of inflation, demonetisation, and counterfeiting concerns.

RBI's Rs 10,000 note proposal: Inflation, demonetisation, and counterfeiting worries

If you think 2000 rupee note was the highest denomination of Indian currency, time to get your facts checked! Watch the video to know more

Don’t miss | Rs 2000 was not the highest denomination note in India

Don't miss | Rs 2000 was not the highest denomination note in India

Lava debuts MediaTek Dimensity 7050 system-on-chip in India with the launch of Agni 2 5G smartphone.

Lava Agni 2 5G: Unboxing & hands-on | Best phone in sub-Rs 25,000 segment?

Rahul Gandhi takes a late-night truck rides to interact with truck drivers. Watch the video to know more.

Rahul Gandhi's late-night truck talk with drivers

Now you can get your 2000 rupee notes exchanged from banks till September 30, 2023. Watch the video to know the rules and more

Displaying categorized search results for, share-holding-pattern Advance Search

Displaying categorized search results for, share-holding-pattern