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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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25.11 / 11:59
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Stock market update: Nifty IT index 0.66%
Shares of MphasiS Ltd.(up 3.43 per cent), Coforge Ltd.(up 3.42 per cent), L&T Technology Services Ltd.(up 2.85 per cent), Persistent Systems Ltd.(up 2.1 per cent) and Wipro Ltd.(up 1.89 per cent) ended the day as top gainers in the pack.
25.11 / 11:59
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Amara Raja Infra sets up India's first green hydrogen fuelling station in Leh
Amara Raja Infra on Monday said it has completed construction of India's first green hydrogen fuelling station in Leh, Ladakh, for NTPC Ltd. Union Minister for Power and Housing and Urban Affairs Manohar Lal inaugurated the facility on Saturday, the company said. The fuelling station project with a capacity of producing GH2 of 80kg per day was completed in two years, at extreme conditions at a height of 3,400 meters above sea level with temperatures varying between -25°Celsius to 30°Celsius, the company said. The landmark project will enable emission-free transport in and around Leh — making India among the few countries to take the lead in the green mobility space, Amara Raja Infra said in a statement, adding with the completion of the project, NTPC will now operationalise five hydrogen fuel cell buses in the region, it said.
25.11 / 11:59
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Tamil star Sivakarthikeyan teases Elon Musk: If you block my X account, I will celebrate
Sivakarthikeyan recently brought his signature wit when discussing about social media. Speaking about his limited use of platforms these platforms, he jokingly suggested that getting his X (formerly Twitter) account blocked by Elon Musk would be a personal victory. “In the last two years, I’ve been using social media very less. If you want to use it, use the internet. This is my kind advice, but don’t use much of social media, especially Twitter. Maybe, I think Elon Musk might block my account—that will be the first success I think for me,” Sivakarthikeyan quipped during his conversation at the International Film Festival of India (IFFI) in Goa, according to IANS.
25.11 / 11:59
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Another nexus on the rise? Cyber criminals use Pulwama terror attack plot to dupe Hyderabad techie of Rs 2 lakh
Pulwama terror attack to extort money from a Hyderabad-based IT professional. The victim, a 29-year-old woman residing in Gachibowli, was recently swindled of Rs 2 lakh after fraudsters threatened her with a seven-year jail sentence and a fine of Rs 20 lakh, claiming that her accounts were linked to the perpetrators of the deadly attack that claimed the lives of 44 CRPF personnel. According to the Cyberabad police, the victim first received a call from an unknown number claiming that a parcel addressed to her had been returned to a FedEx office in Mumbai due to its suspected illegal nature.
25.11 / 11:59
25.11 / 11:59
markets
Digital
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TikTok
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audience
TIPS Music inks direct partnership with TikTok
TIPS Music, one of India’s leading music labels with an expansive catalogue of over 31,000 songs, has inked a direct, strategic partnership to promote its music library on TikTok. This partnership will enable music fans, Non-Resident Indians (NRIs) and expatriates, to access and engage with TIPS Music’s rich and diverse music collection on the popular short-form video platform. The agreement between TIPS Music and TikTok aims to meet the increasing demand for Indian music among global audiences.
25.11 / 11:59
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Scandals
GQG Partners refuses to sell Adani stocks after bribery scandal
bribery scandal in the US will not have a material impact on billionaire Gautam Adani's businesses, Rajiv Jain's GQG Partners on Monday said there is no change in its investment thesis on Adani Group companies. Before the scandal broke out, GQG's total exposure to Adani Group companies stood at $9.7 billion which was about 6.1% of its total assets. «We believe this level of exposure is manageable, even given the volatility in Adani Group stocks,» GQG Partners said in a memo, adding that the fundamentals of the companies the boutique investment firm is invested in remain sound.
25.11 / 11:59
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Microfinance sector tightens lending norms to address asset quality stress
Microfinance Institutions Network (MFIN), one of the two self-regulatory organisations for the sector, has decided to implement a stricter set of guardrails for its members to help them overcome the severe asset quality stress that they are subjected to at present. The new norms, when implemented, are expected to squeeze the quantum of credit delivery to customers at the bottom of the income pyramid and reduce their over-indebtedness, which has been at the heart of the present sectoral crisis. MFIN has requested its members to stop lending to delinquent customers who have overdue loans for more than 60 days with an outstanding amount more than Rs 3000. The existing industry norm was not lending to a client with overdue for more than 90 days with more than Rs 3000. If a loan is not serviced for 90 days, it is classified as non-performing.
25.11 / 11:07
25.11 / 11:07
markets
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Stock market update: Nifty Realty index 2.21%
Shares of Prestige Estates Projects Ltd.(up 6.07 per cent), Mahindra Lifespace Developers Ltd.(up 4.88 per cent), Godrej Properties Ltd.(up 3.01 per cent), Brigade Enterprises Ltd.(up 2.81 per cent) and Phoenix Mills Ltd.(up 2.67 per cent) ended the day as top gainers in the pack.
25.11 / 11:07
25.11 / 11:07
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cricket
'Virat Kohli doesn't need us, we need him': Jasprit Bumrah praises Virat Kohli's impact in Indian team
Jasprit Bumrah credited Virat Kohli's leadership and experience as instrumental in the win, emphasizing the team’s reliance on the veteran batter.
25.11 / 11:07
markets
Digital
Manufacturing
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concert
French government offers to buy IT firm Atos' advanced computing activities
acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million), it said on Monday. Atos, which secures communications for the French military and secret services and manufactures servers to make supercomputers, is undergoing a restructuring to tackle its large debt. The government has for months been making a concerted effort to reach a deal to retain control over Atos' strategic technology assets within the country. The target is to have a share purchase agreement signed by May 31, when an exclusivity period ends, Atos said in a statement, adding that an initial payment of 150 million euros would be made when the deal was signed.
25.11 / 11:07
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Telangana government refuses to accept Adani's Rs 100 cr donation for Skill University
Revanth Reddy on Monday said the state government will not accept the Rs 100 crore donation announced by Adani Group chairman Gautam Adani for the Young India Skill University being set up in the state. The decision was taken since Adani's announcement gave rise to «unnecessary discussions» that it may appear favouring the state government or the CM, if the donation was accepted, he said while addressing a press conference. He said so far the Telangana government has not accepted a single rupee into its account from any organisation, including Adani Group.
25.11 / 11:07
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Provident
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RAI
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bowling
Sam Curran, once most expensive player at IPL, now hardly has any takers at 2025 Auction
Curran, who had base price of Rs 2 crore, was sold to Chennai Super Kings at a meagre Rs 2.40 crore. This is a pay cut of almost 87 per cent for the 26-year-old. Punjab Kings, too, did not use their Right-To-Match for Curran, who has been with the team since 2019.
25.11 / 11:07
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Updates
ELI benefits from EPFO: Deadline for eligible employees to activate UAN is November 30, 2024; here’s how to do it
Universal Account Number (UAN) and seeding of Aadhaar to bank account is must for employees who wish to claim benefit of Employment Linked Incentive (ELI) scheme, which is administered through the Employees Provident Fund Organisation (EPFO). This mandatory exercise needs to be completed by November 30, 2024, if you want to get the benefits of the ELI scheme. Finance minister Nirmala Sitharaman announced this new scheme during the Union Budget 2024 in July and there are three types of ELI schemes (A, B, and C). «Since the benefits under Employment-Linked Incentive (ELI) scheme, will be disbursed through Direct Benefit Transfer (DBT) to eligible employees, Employers are urged to ensure UAN activation and Aadhaar seeding in Bank Account by 30th November 2024 in respect of all their employees who have joined in the current financial year, starting with the latest joinees,” the Ministry of Labour and Employment said in an EPFO in a circular dated November 22, 2024.
25.11 / 11:07
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ED attaches Rs 219-cr worth assets in 'Fairplay' portal case
money laundering case against a website that allegedly indulged in online betting on 2023 Lok Sabha election results apart from an illegal broadcast of IPL cricket matches, the agency said on Monday. A provisional order under the Prevention of Money Laundering Act (PMLA) was issued last week (November 22) to attach demat account holdings and immovable assets like land plots, flats and commercial warehouses located at Ajmer (Rajasthan), Kutch (Gujarat), Daman, Thane and Mumbai (Maharashtra) in the case against the portal named Fairplay, it said in a statement. The central agency said Fairplay was involved in «illegal broadcasting of cricket/IPL matches and various online betting activities including results of Lok Sabha Elections 2024.» The total value of these assets is Rs 219.66 crore, the ED said.
25.11 / 11:07
markets
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French energy giant Total says no new investment in Adani till bribe charges cleared
TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL). In a statement, the French firm said it learnt of US authorities indicting Gautam Adani and two other executives for allegedly paying USD 265 million bribes to Indian officials to secure solar power supply contracts for AEGL.
25.11 / 10:55
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Rediscovering Telangana: A culinary journey with Terrāi
Subscribe to enjoy similar stories. Some of Rohit Kasuganti’s fondest memories of food are associated with his ancestral village in Yellapur situated in the Warangal district of Telangana. Surrounded by bountiful farms, he remembers his grandmother preparing hearty meals of pulusu, a tangy rasam-like stew often packed with farm fresh vegetables or moong fritters, soft steamed rice dumplings called kudumulu, and smoky roasted corn harvested from the fields.
25.11 / 10:55
markets
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NTPC Green in talks to supply sustainable aviation fuel to British Airways, Lufthansa, other global airlines
Subscribe to enjoy similar stories. NEW DELHI : NTPC Green Energy Ltd (NGEL) is in talks with global airlines including British Airways, Lufthansa, Singapore Airlines, and Virgin Atlantic, among others, to secure deals for supplying sustainable aviation fuel (SAF). The cleaner aviation fuel will be supplied from NGEL's green hydrogen hub in Andhra Pradesh, which is yet to begin production, said a person familiar with the developments.
25.11 / 10:55
Digital
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Humility is likely to lend leaders a growing advantage in the age of AI
Subscribe to enjoy similar stories. Any discussion on corporate leadership is incomplete without mentioning its three core pillars: strategy, competitiveness and achievement orientation. These essentials become convoluted in the age of social media, where self-promotion often borders on narcissism and overshadows the interests of others and society.
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