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Subscribe to enjoy similar stories. MUMBAI : Paytm parent One 97 Communications Ltd’s stock rose 8% on Wednesday. While the September quarter (Q2FY25) earnings had a few positives, such as improved traction in merchant loan disbursals and visible cost control efforts, much of this exuberance stemmed from the company receiving the National Payments Corporation of India’s (NPCI) approval to onboard new customers for its unified payments interface (UPI) application.

Subscribe to enjoy similar stories. When I started my career in 2011-12, silver was trading at ₹65,000 per kg. Traders in Mumbai's Zaveri Bazaar were optimistic about it touching ₹100,000.

Bombay High Court on Wednesday suspended the life sentence of notorious gangster Chhota Rajan in connection with the 2001 murder of hotelier Jaya Shetty, granting him bail in the case. A division bench comprising Justices Revati Mohite Dere and Prithviraj Chavan directed Rajan to furnish a bond of ₹1 lakh for his release. However, Rajan will continue to remain incarcerated due to other ongoing criminal cases.

Bombay High Court on Wednesday suspended the life sentence of gangster Chhota Rajan in connection with the murder of hotelier Jaya Shetty here in 2001 and granted him bail in the case. A division bench of Justices Revati Mohite Dere and Prithviraj Chavan directed Rajan to furnish a bond of Rs one lakh for the bail. Rajan will, however, continue to remain in jail in connection with other criminal cases. In May this year, a special court convicted Rajan in the hotelier's murder case and sentenced him to life imprisonment.

Ekta Kapoor and her mother, Shobha Kapoor, have addressed the controversy surrounding the case registered against them under the POCSO Act. The allegations involve inappropriate scenes featuring minors in the ALT Balaji web series 'Gandi Baat'. In response, ALT Balaji issued a statement clarifying the involvement of the two producers and denying any violation of laws. According to the statement, both Ekta and Shobha Kapoor are not involved in the platform’s daily operations. The management of ALT Balaji, including its content strategy, is handled by separate teams. The company emphasized that it operates in full compliance with the law, including the POCSO Act, and dismissed the claims of featuring minors as incorrect. ALT Balaji also expressed its faith in the judicial system and confirmed full cooperation with the ongoing investigation. «It is further clarified that Mrs Shobha Kapoor and Ms Ektaa R Kapoor are not involved in the day to day operations of the company and the same are managed by separate teams, including its content strategy. The company has complete faith in the judiciary and is fully co-operating with the authorities in the investigation. since the matter is sub-judice, the company refrains from commenting in detail,» the statement added.

Mumbai: Spare a thought this Diwali for stockbrokers and their staff—they’re feeling a little less cheery this festive season. Blame it on T+0, also known as same-day settlement, and other reforms. Every year, the start of the Hindu calendar year is marked by the Muhurat trading session, a bit of Diwali ceremony carried over from the days of open outcry. Brokers and their employees had asked the BSE and NSE to advance the hour-long session to 10-11 in the morning from the traditional 6-7 pm, as this would allow them to complete post-trading operations by noon and give them enough time to celebrate Diwali with their families on Lakshmi Puja. That request has been rejected by the exchanges, according to people with knowledge of the matter.

Mumbai: India’s stock market slumped on Tuesday as continued selling by foreign investors, amid concerns over slowing earnings growth, heightened risk-off sentiment. The selloff was broad-based with mid-cap and small-cap stocks bearing the brunt of the souring mood among investors, resulting in flight of money to safe-haven assets such as gold, which extended its record-breaking streak. The NSE Nifty fell 309 points, or 1.25%, to close at 24,472.10. The BSE Sensex declined 930.55 points, or 1.15%, to end at 80,220.72. Out of the 50 shares on the Nifty, 47 ended lower, while three notched up gains.

Manipal HealthMap, the diagnostics arm of Manipal Group, on Tuesday said it has fully acquired Mumbai-based iGenetic Diagnostics for an undisclosed amount. Sources told ET that the deal size would be around Rs 200 crore. With this acquisition, Manipal HealthMap is set to strengthen its presence in key markets, including Maharashtra, Madhya Pradesh, and Karnataka, while expanding its pan-India reach. The acquisition will also complement Manipal HealthMap’s existing portfolio, particularly in specialized testing areas such as oncology, infections, fertility, and more.

Ajit Pawar on Tuesday said the ruling Mahayuti alliance, led by CM Eknath Shinde, has almost finalised its seat sharing deal for the November 20 Maharashtra assembly elections. «Some seats have been finalised, while a decision on the remaining seats is expected today,» the NCP president told reporters. «There is no reason for me to be present at the meeting when the decision on some seats is to be taken between the BJP and Shiv Sena,» Pawar said, on his absence at the talks between leaders of BJP and Shiv Sena in Mumbai on Monday. The three (party leaders) are present when discussions concern all the three constituents of the Mahayuti alliance, he added. «As some candidates had to keep up with the „muhurat“ for filing of nominations, they have been allotted our party's A and B forms,» Pawar said. The A and B forms are important documents, which denote that a certain candidate has been approved by a political party and should be allotted the election symbol of that party.

The Indian government is working on a new law to punish those spreading the menace of hoax bomb threat calls, which disrupt the flight schedules of airlines and cause massive inconvenience to thousands of passengers

Subscribe to enjoy similar stories. Bengaluru/Mumbai: Venture capital investors are increasingly encouraging some of their early- to mid-stage portfolio startups, such as IntrCity, BHive, and Leverage Edu, to go public, hoping to take advantage of a bullish stock market and return capital to their investors.

Subscribe to enjoy similar stories. Though better known for his cocktails, Pankaj Balachandran loves beer. Within the F&B realm, he’s best known for taking Countertop India, a bar consultation company, to great heights.

Subscribe to enjoy similar stories. MUMBAI : Bajaj Housing Finance Ltd has come out with first quarterly results post listing after separation from Bajaj Finance Ltd. After its bumper listing, the stock's performance has been muted.

Subscribe to enjoy similar stories. MUMBAI : You can transfer your mutual fund (MF) units from one demat account to another, either to your own or to those belonging to your family members and friends. However, this is an extremely cumbersome and paper-driven (offline) process with no online alternative.

Subscribe to enjoy similar stories. Keeping up with the latest investing trends can be a real hassle for retail investors nowadays.With fast-moving trends, changing market conditions, and numerous industries to choose from, new investors have a lot to consider when building their portfolios. But in today's hyper-connected digital world, we have access to more data and insights than ever before. This has made ‘guru investing’ more popular than ever.

Kshatriya Karni Sena has announced a reward of ₹1,11,11,111 for the police officer who conducts an encounter of jailed gangster Lawrence Bishnoi. This announcement comes after Bishnoi’s gang claimed responsibility for the murder of NCP leader Baba Siddiqui in Mumbai. Raj Shekhawat, the national president of Kshatriya Karni Sena, made this declaration in a video statement, highlighting his concerns about the rising influence of gangsters like Bishnoi, a NBT report stated.

Salman Khan received a threatening message last week, demanding Rs 5 crore to settle an ongoing dispute with notorious gangster Lawrence Bishnoi. However, just a few days later, the sender retracted the threat, claiming it had been sent in error and offered an apology. The original message, sent to the WhatsApp number of the Mumbai Traffic Police control room, was alarming in nature. On October 18, a message was sent to the Mumbai Traffic Police's WhatsApp line, warning that Rs 5 crore was required from Salman Khan to «end a feud with gangster Lawrence Bishnoi and ensure his safety.» The message allegedly came from an individual associated with the Lawrence Bishnoi gang, stating that the payment was essential to resolve the conflict between Salman Khan and the gangster. The message contained a grim warning, suggesting that failure to comply could lead to severe consequences for the actor, mentioning the recent killing of politician Baba Siddique.

Mumbai: SoftBank Investment Advisers co chief executive Alex Clavel rates India among its top performing markets, on the back of a spree of public listings by its portfolio firms. “India is the world’s most successful IPO market of 2024,” he said during an exclusive interaction with ET at SoftBank’s office in Mumbai. “Others, including the US, haven’t seen as many IPOs, even outside of tech.” Clavel took over his new role at the Japanese conglomerate a year ago, jointly leading its investing vehicle SoftBank Vision Fund ( SVF) with Rajeev Misra. While Clavel spearheads SVF-II, Misra who stepped away from day-to-day operations in 2022 and later launched One Investment Management, oversees legacy investments from SVF-I. Clavel’s ascension coincided with a tightening of the ship at the Masayoshi Son-founded group after years of exuberance, amid a broader reset in the technology investing world.

Ishan Kishan returned to the national reckoning as he was on Monday named in a 15-member India A squad, to be led by Ruturaj Gaikwad, for the upcoming tour of Australia. Fresh from his fine hundred against Mumbai in the Ranji Trophy, Maharashtra's Gaikwad was named captain of the India A team. India A will play two first-class matches against Australia A in Mackay and Melbourne and then take part in a three-day intra-squad game against the senior India team in Perth. Apart from Gaikwad, the squad also includes other opening batters like Abhimanyu Easwaran and Sai Sudharsan, as India will likely need to name a reserve opener in their Test squad for the upcoming tour of Australia, with captain Rohit Sharma set to miss one of the first two matches of the Border-Gavaskar Trophy for personal reasons.

Bombay High Court seeking stringent guidelines to prevent black marketing and ticket scalping for major events. This follows concerns raised about irregularities in the sale of tickets for Coldplay's upcoming concert in Navi Mumbai, scheduled for January 2025. The petition, brought by advocate Amit Vyas, was mentioned for urgent hearing before a division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar on Monday.