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15.01 / 03:55
markets Provident security Strategy Celebrity PAM country 76th Indian Army Day: Why is it celebrated on January 15, theme and other details
Every year, 15 January is commemorated as ‘Army Day’ to remember the occasion when General (later Field Marshal) KM Cariappa took over the command of the Indian Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Indian Commander-in-Chief of Independent India. The Indian Army originated from armies of the East India Company which later became the British Indian Army and the Princely States Army, and after independence in 1947, merged into the National Army of India. The units of the Indian Army have fought many battles in the past where they gained honor for the country with their bravery. The Indian Army has the sole objective of protecting the nation from any foreign aggression that arises, ensuring the nation's security. They also try to protect the nation from internal threats. During natural calamities, the Indian Army conducts humanitarian rescue operations to save people's lives. In a landmark announcement on January 1, 2025 Defence Minister Rajnath Singh declared 2025 as the 'Year of Reforms', signalling a decisive shift towards a more agile, technologically advanced, and combat-ready Armed Forces, said a statement from the Indian Army. The 'Year of Reforms' comes on the heels of the Indian Army's 'Year of Transformation' (2023) and 'Years of Technology Absorption' (2024 and 2025). However, acknowledging the long gestation period required for meaningful change, the Indian Army has already identified 2023 to 2032 as the 'Decade of Transformation'. The announcement of 2025 as the 'Year of Reforms' provides strategic direction and impetus to this long-term initiative. Why is Indian Army Day celebrated on January 15? Army Day is celebrated on this day to remember
15.01 / 03:55
markets UPS Target security Analysis Trade reports Buy Shriram Finance, target price Rs 700: Motilal Oswal Financial Services
buy call on Shriram Finance Ltd. with a target price of Rs 700. The current market price of Shriram Finance Ltd. is Rs 523.15. Shriram Finance, incorporated in 1979, is a Large Cap company with a market cap of Rs 98546.79 crore, operating in NBFC sector. Shriram Finance's key products/revenue segments include Interest, Other Operating Revenue, Fees & Commission Income, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Rental Income for the year ending 31-Mar-2024.
15.01 / 03:55
markets COST Analysis Trade Experts Updates Adani Energy Solutions shares in focus after Co wins projects worth Rs 28,455 crore
Adani Energy Solutions shares will remain in focus on Wednesday after the company won transmission projects worth Rs 28,455 crore in the quarter ended December 31, 2024, bolstering the company's under-construction project pipeline to Rs 54,700 crore from Rs 17,000 crore at the start of the year. In its Q3FY25 update filed to the exchanges on Tuesday, the Adani Group company said that it won two transmission projects — one was Khavda Phase IV Part-D with a project cost of Rs 3,455 crore and the second was Rajasthan Phase III Part-I (Bhadla – Fatehpur HVDC) with a preliminary project cost of Rs 25,000 crore.
15.01 / 03:55
markets Digital Strategy Experts PAM gatherings Vedanta creditors may meet in February to approve split of mining conglomerate
Vedanta Ltd. creditors will gather next month to give their final verdict on a plan to split the sprawling Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden.
15.01 / 03:25
markets Provident Platform Strategy TikTok PAM Courts TikTok seeks to reassure U.S. employees ahead of Jan. 19 ban deadline
TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S. or ban it, the company's leadership said in an internal memo reviewed by Reuters on Tuesday.
15.01 / 03:25
markets UPS Strategy social outbreak evacuation Dire fire warning for LA area pushed back as winds ease
National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day.
15.01 / 03:25
markets Provident Progressive security Strategy Pride country "Symbol of pride and trust for every Indian": Rajnath Singh extends wishes on 77th Army Day
Rajnath Singh on Wednesday extended his heartfelt greetings to the brave soldiers, officers, and families of the Indian Army on the occasion of 77th Army Day.
15.01 / 03:25
markets Provident Analysis wellness Trade Experts Cycling Some more pain left in mid and smallcap companies; largecap valuations attractive: Sampath Reddy
Sampath Reddy, Founder & CIO, Azurean Investment Managers, says mid and smallcap banks or NBFCs or some of the affordable housing lenders may have the potential for much bigger returns, but the risks are also higher there. Within the overall lending space, he would prefer to stick to the larger private sector banks compared to NBFCs and other lenders. What is your reading of the market? Do you think much of the global and domestic parameters are in the price or could there be some more downticks in the days to come? Sampath Reddy: It is a little difficult to say how the excess valuation that is there in the mid and smallcap segments will be readjusted. Even with the yesterday's fall or last few days' fall, mid and smallcap companies, broader valuations of that segment as such still on the higher side, whether it will be a prolonged time correction or an accelerated growth in earnings, which way it will bring the overall multiples of the mid and smallcap segments is difficult to say but at this point of time with whatever the correction that we have seen so far, largecap segment looks very-very attractive.
15.01 / 03:25
markets Strategy Election reports prevention Courts Arvind Kejriwal in trouble before Delhi elections as MHA approves ED prosecution of former Delhi CM in liquor scam case
liquor scam case: The home ministry has granted permission to the Enforcement Directorate (ED) to prosecute former Delhi Chief Minister Arvind Kejriwal under the Prevention of Money Laundering Act (PMLA), ToI reported. The move comes in connection with alleged money laundering linked to the controversial liquor scam case.
15.01 / 03:25
markets COST Provident Waters security country Department Biden takes big step for the future of AI with ambitious executive order
Biden on Tuesday signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.
15.01 / 03:25
markets UPS Target security Analysis Trade Pharmaceuticals Overweight on Lupin, target price Rs 2,600: Axis Securities
Axis Securities has an overweight call on Lupin with a target price of Rs 2600. The current market price of Lupin is Rs 2160. Lupin, incorporated in 1983, is a Large Cap company with a market cap of Rs 99094.85 crore, operating in the pharmaceuticals sector. Lupin's key products/revenue segments include Pharmaceuticals, Other Services, Export Incentives, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.
15.01 / 03:25
markets Digital Strategy Election Experts PAM Delhi elections: Chief Minister Atishi has assets worth over Rs 75 lakh but owns no car, house, affidavit shows
Delhi Chief Minister Atishi, who replaced Arvind Kejriwal after his resignation in September last year, filed her nomination on Tuesday for the upcoming Assembly polls, declaring a net worth of Rs 76.93 lakh, with no car or house to her name, according to document submitted to Election Commission.
15.01 / 03:25
markets Target Analysis Trade Experts reports recommendations Adani Green Energy shares in focus after commissioning 57.2 MW wind-solar hybrid project in Gujarat
Adani Green Energy shares will be in focus on Wednesday, January 15, after Adani Renewable Energy Forty-Eight Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL), announced the commissioning of a 57.2 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. With this addition, AGEL’s total operational renewable generation capacity has risen to 11,666.1 MW, the company said in a regulatory filing. The plant is set to commence power generation on January 15, 2025, following the relevant clearances.
15.01 / 03:25
markets UPS CEO Strategy Analysis wellness Trade Anand Rathi Wealth has maintained 30% plus growth in both revenues & profits Y-o-Y: Rakesh Rawal
Rakesh Rawal, CEO, Anand Rathi Wealth, says expects to deliver the revised guidance that they have given of about Rs 900 plus crore of revenue and Rs 290 crore of profit. Sequentially, the numbers have come largely flattish. What led to this moderation? What is the expectation from Q4 now? Are you expecting a bit of a reversal or a recovery or do you anticipate more of the same? Rakesh Rawal: In our company, what we look for is year to year growth and that is why we have a very good first quarter and then we have flattish other quarters. From a year-to-year growth perspective, we have maintained the 30% plus growth in both revenues as well as in profits. We should be able to deliver the revised guidance that we have given of about Rs 900 plus crore of revenue and Rs 290 crore of profit.
15.01 / 02:57
markets UPS Action performer country Here’s how the government could offer India’s stock market some relief
Subscribe to enjoy similar stories. Gone are those simpler times when a finance minister of the country could tell Parliament, as Manmohan Singh had in 1992, that he does not lose sleep over stock markets. While those who invest in shares directly or via mutual funds are still relatively few—India has some 180 million demat accounts and a little over 40 million mutual fund folios, with a considerable overlap between the two—the number of Indians with indirect exposure to stock prices via retirement savings and insurance policies would be about 350 million.
15.01 / 02:57
Citi Provident Sustainability Remark fun innovations travelers Pet care goes smart with tech
Subscribe to enjoy similar stories. The world of pet care has seen remarkable advancements in the last year, offering pet parents exciting new ways to enhance the lives of their companions. With innovative technologies, wellness-focused solutions and sustainable practices, caring for pets has never been more effective or rewarding.
15.01 / 02:57
security Trade President country social rights Trump’s return leaves Europe on its own
Subscribe to enjoy similar stories. Europe is beset by troubles, and the policies of the incoming Trump administration will deepen them. During his first term, Donald Trump insisted that the North Atlantic Treaty Organization's European members pay more for their own defense.
15.01 / 02:57
UPS Career Analysis students Universities Diversity Schools Why elite MBA graduates are struggling to find jobs
Subscribe to enjoy similar stories. In business there is no surer sign of distress than when a firm delays its financial results. That also appears to be true of business schools.
15.01 / 02:19
markets Provident Digital Strategy Experts PAM Resolution introduced in US Congress to designate January as Tamil Language and Heritage Month
Raja Krishnamoorthi, have introduced a resolution in the US House of Representatives to designate January as Tamil Language and Heritage Month. The resolution coincided with the beginning of Pongal, a major Tamil festival.
15.01 / 02:19
markets security Strategy President Courts Investigations South Korean President Yoon arrested over failed martial law bid
Yoon Suk Yeol over his brief imposition of martial law last month. In a video message recorded before he was escorted to the headquarters of an anti-corruption agency, Yoon lamented that the «rule of law has completely collapsed in this country» but said he was complying with the detention warrant to prevent clashes between law enforcement officials and the presidential security service.

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