City Sandeep Financial News

20.11 / 16:59
markets Digital Aware awards Experts PAM country Majority of steel imports under FTAs, making any duty hike ineffective, says steel secy
steel imports are landing from FTA countries at nil duty and any duty hike will not have any impact on these shipments, Steel Secretary Sandeep Poundrik said on Wednesday while acknowledging that there is a genuine problem of supply glut due to increased imports. His comments have come against the background of domestic steel players raising concerns over rising cheap steel imports from select nations, affecting their competitiveness. The domestic industry has also sought an increase in customs duty on steel products to check below-cost shipments. Speaking at a Ficci event here, the Steel Secretary even if the government raises the basic customs duty on imports, the move will not have the desired impact as 62 per cent of the shipments entering India from FTA nations. There is a genuine problem and the ministry is aware of that, Poundrik said adding that there are multiple ways to protect the domestic industry but the only problem is that 62 per cent of imports are from FTA countries.
12.11 / 08:11
UPS Art love show country beautiful Interviews Shalini Passi: I am a maximalist
Subscribe to enjoy similar stories. Philanthropist and art collector Shalini Passi has become a popular personality across the country after her appearance in Netflix’s recent show, Fabulous Lives vs Bollywood Wives. In an interview with Lounge, Passi, who's also a Unicef partner and founder of MASH, a digital art and design platform, talks about her love for fashion, and how Delhi has shaped her aesthetic.
07.11 / 13:05
UPS Booking Parke testing Interviews cricket Sporting On, off-field anecdotes liven up launch of Sandeep Patil’s ‘Beyond Boundaries'
Subscribe to enjoy similar stories. When sports columnist Ayaz Memon visited Sandeep Patil in the 1980s, it was the former’s first time interviewing the cricketer, Memon remembers.
07.11 / 10:25
Digital Entertainment Election Boxing film love performer Fantasy thriller KA Telegu OTT release soon? Producers clarify on Kiran Abbavaram movie
Kiran Abbavaram’s latest Telugu fantasy thriller, KA has been winning over the viewers. The film has been a hit since its release and is being lauded for its captivating storyline and impressive performances which have contributed to its strong box office performance. Amid its successful run in the theatres, rumors about its OTT release have surfaced on the internet. The makers of the film addressed the speculations and cleared the air about KA’s digital debut on OTT.
04.11 / 19:43
markets UPS Strategy awards exclusive Schools Novel Jewels to open 100 stores in 18 months
Novel Jewels, the jewellery business vertical of Aditya Birla Group, is planning to open 100 stores across India in the next 18 months with an investment of '5,000 crore, its chief executive Sandeep Kohli said. Besides owned stores, the company also plans to look at franchisee models, Kohli told ET in an exclusive interaction. «We've already got a huge unsolicited kind of response from people wanting to be our franchisees. So we will very soon roll that model out,» he said. Novel Jewels, which owns the Indriya jewellery brand, hopes to cash in on the increasing trend of jewellery consumption moving from the unorganised sector to branded players.
01.11 / 17:57
Fighting Election WhatsApp wellness President Maharashtra Assembly Election: Shiv Sena-Shinde MLA Sarvankar refuses to withdraw nomination from Mahim
Shiv Sena (Shinde faction) MLA from Mahim, Sada Sarvankar, has refused to withdraw his nomination from the seat despite the pressure on him from both his party as well as the BJP leadership. «I have said this again and again, I will not withdraw from the contest… The people of my constituency want me to contest.
28.10 / 08:17
markets Digital Google Experts PAM performer social Hindustan Zinc to cut debt by Rs 4,000 cr by March-end, says CFO
Hindustan Zinc Ltd plans to pare its debt by a third by the end of this financial year bolstered by additional cash flows after a likely relatively robust performance in the October to March period. The country’s largest producer of zinc, lead and silver expects to reduce its debt to about Rs 2,000 crore by March-end from about Rs 6,000 crore at the end of the September quarter, chief financial officer Sandeep Modi told analysts after the company’s quarterly earnings. “…we have already generated free cash flow of Rs7,000 crore in H1, and normally H2 remains better. So, I think it's only a timing difference,” he said.
27.10 / 16:51
Election WhatsApp Congress unveils list of 14 candidates for Maharashtra assembly elections
Congress party on Sunday announced the list of candidates for the upcoming Maharashtra Legislative Assembly elections. Here’s the list of selected candidates:
23.10 / 12:57
markets Provident FIVE Digital Experts Schools Persistent Systems sees healthcare revenue growing to $1 billion in next 3-5 years
life sciences vertical, Pune-based mid-tier IT engineering services firm Persistent Systems expects the vertical to clock about two and a half times increase in revenue to $1 billion in the next three to five years. Revenue from the vertical is a little below $100 million per quarter and it is growing 71% year-on-year, chief executive Sandeep Kalra told ET, saying “that’s a dream come true”. The vertical’s contribution to the company’s total revenue has increased by 8 percentage points in the past four quarters, to 27.8% in the July-September quarter from 19.3% in the year-ago period.
21.10 / 06:31
markets CEO Strategy Research Experts PAM Schools Mid and smallcap mutual funds record Rs 30,350 crore inflow in 6 months. An overcrowded trade?
mutual funds attracted around Rs 30,350 crore inflows during April to September of the current financial year. The continuous inflows in these categories were mainly due to high returns offered by these categories. According to the Association of Mutual Funds in India (AMFI), mid and small cap funds received inflows of Rs 32,924 crore during the same time a year ago. “Investments in mid and small cap funds should be made based on one’s risk appetite. It is important for investors to note that mid and small cap segments are highly volatile. While they can give exceptionally high returns in up markets, they can fall equally hard in down markets. Therefore, investors should take exposure in these funds in line with their risk appetite and invest only with a long-term investment horizon,” said Melvyn Santarita, Analyst – Manager Research, Morningstar Investment Research India
02.10 / 05:41
markets Citi Food students RAI hospital Schools 7 more children take ill after having mid-day meal at Thane school; 45 hospitalised so far
food poisoning after consuming mid-day meal at a private school near Maharashtra's Thane city, taking the total number of minors hospitalised to 45, officials said on Wednesday. The children, aged between 8 and 11 years, were admitted to a civic hospital in Kalwa town after they complained of giddiness, nausea, headache and pain in the abdomen after lunch on Tuesday, according to medical officials at the hospital. Initially, 38 students were hospitalised on Tuesday. Seven more children were admitted to the facility late night. The children were being monitored and if found fit, they would be discharged by Wednesday afternoon, the hospital's medical in-charge, Dr Aniruddha Malgaonkar, told PTI.
19.09 / 19:17
markets Digital Election RAI cover Arvind Kejriwal to join AAP's Haryana poll campaign with roadshow in Jagadhri
AAP supremo Arvind Kejriwal will join the party's campaign in poll-bound Haryana with a roadshow in the Jagadhri constituency on September 20, AAP national general secretary (organisation) Sandeep Pathak said on Thursday. He will also participate in 13 events across 11 districts, covering the Dabwali, Rania, Bhiwani, Meham, Kalayat, Assandh and Ballabhgarh constituencies, among others, in the coming days, Pathak said at a press conference. «AAP national convenor Kejriwal has come out of jail after defeating the BJP's conspiracy. Now he is fully prepared for the election campaign in Haryana and will start on September 20,» he said. His further campaign schedule will be announced later, he added.
17.09 / 05:53
UPS President reports Department Updates Arvind Kejriwal resignation LIVE Updates: Delhi CM to tender his resignation today; who will succeed him?
Get all the Arvind Kejriwal resignation LIVE Updates here on LiveMint.AAP leader Sandeep Pathak on Monday said Delhi Chief Minister Arvind Kejriwal does not have greed for power and honour is paramount for him.He has vowed not to sit on the chief minister's chair till people give him a "certificate of honesty", he added.Pathak, Rajya Sabha MP and the party's general secretary (organisation) said this in Jind, where he held a meeting with party leaders and prepared a module of AAP's campaign for the next fifteen days for the October 5 Haryana polls.Later speaking to reporters, Pathak said party workers will go to every home and tell people that they have given several chances to other parties which have "failed to live up to their expectations". (PTI)The BJP's Delhi president Virender Sachdeva on Monday said AAP supremo Arvind Kejriwal's decision to resign as chief minister was borne out of "compulsion" and not driven by "principle".Sachdeva also alleged that none of the Delhi government departments was free of corruption under Kejriwal's rule.Responding to Sachdeva, AAP alleged that the Delhi BJP chief did nothing but held press conferences and spread false propaganda against the party.
16.09 / 14:12
markets Digital Election Experts RAI Kejriwal resignation: AAP to announce new Delhi CM tomorrow
Delhi Chief Minister, the name of Delhi's new Chief Minister will be decided at the Aam Aadmi Party's (AAP) legislative meeting, scheduled for Tuesday. According to the Aam Aadmi Party, the meeting will be held at the Chief Minister's residence at 11 a.m. tomorrow. When CM Kejriwal meets Lieutenant Governor VK Saxena at 4:30 p.m. tomorrow to submit his resignation, the newly chosen leader of the legislative party will simultaneously stake a claim for the post of Chief Minister.
12.09 / 10:07
WhatsApp Seven killed in wall collapse after heavy rains in MP's Datia
Madhya Pradesh's Datia town, an official said. The incident took place at around 4 am in Khalkapura area. The wall situated adjacent to a house fell over it, trapping nine persons under the debris. Seven persons were killed and two others rescued, Datia Collector Sandeep Makin said.
12.09 / 05:31
markets Digital RAI reports testing India B vs India C Duleep Trophy 2024: Playing squad, time, date, livestreaming and other details of today's match
Ruturaj Gaikwad, will keep the same team, while India B strengthens its squad with Rinku Singh joining Sarfaraz Khan and Musheer Khan. PTI reports that the BCCI has rested several key players ahead of the second round, scheduled to start on September 12. These players were selected for the first Test against Bangladesh. Rishabh Pant, K L Rahul, and Shubman Gill have been given a break, along with Akash Deep, Kuldeep Yadav, Axar Patel, Yashasvi Jaiswal, and Dhruv Jurel. With Shubman Gill in the national team, Mayank Agarwal will captain the India A team. Prasidh Krishna also returns to the India A squad for the upcoming matches and he will closely watched as a pacer option for Border Gavaskar Trophy in Australia.
11.09 / 15:54
markets Digital Election President RAI AAP announces 21 more candidates for Haryana polls
Haryana Assembly elections. AAP has so far declared 61 candidates for the 90-member assembly. Among the candidates announced on Wednesday are Raj Kaur Gill from Ambala Cantonment, Lalit Tyagi from Yamunanagar, Joga Singh from Ladwa, Satbir Goyat from Kithal, Sunil Bindal from Karnal, and Sukhbir Malik from Painpat Rural. The other names in the list include Saroj Bala Rathi from Ganaur, Devender Gautam from Sonipat, Shiv Kumar Rangeela from Gohana, Sandeep Malik from Baroda, Kavita Dalal from Julana, Nisha Deshwal from Safidon, Sukhwinder Singh Gill from Tohana, Jasdev Nikka from Kalanwali, Sham Mehta from Sirsa, Narender Uklana from Uklana, Rajiv Pali from Narnaund, Rajender Sorkhi from
08.09 / 06:52
UPS security WhatsApp Schools Investigations School principal, father of rape survivor held by Rajasthan Police for falsifying birth records
school principal and father of a 14-year-old rape survivor have been arrested for allegedly tampering with the birth records of the girl to help the accused secure bail, police said on Sunday. The principal was arrested from Deoria on Thursday while the girl's father was caught from Behror in Rajasthan on Saturday night, Station House Officer (SHO) of Murlipura Police Station Sunil Kumar Jangir said. The girl had lodged an FIR in July alleging that her aunt had sold her to one Sandeep Yadav, a resident of Haryana, for Rs two lakh and that she was subsequently raped. The case was registered under various sections of the IPC and POCSO Act and after investigation, her aunt, Sandeep Yadav and his father Satveer Yadav were arrested and sent to judicial custody.
05.09 / 02:04
WhatsApp Justice Courts rights No infirmity in decision disallowing meeting of AAP MP Sandeep Pathak with Arvind Kejriwal in jail
Delhi High Court on Wednesday said there was no infirmity in jail authorities' decision to deny visitation right to AAP's Rajya Sabha MP Sandeep Pathak for meeting Chief Minister Arvind Kejriwal in prison. Regarding Pathak's plea that he may be allowed to meet Kejriwal in the future, Justice Neena Bansal Krishna said he is at liberty to move an application seeking visitation, which shall be considered by the jail superintendent in accordance with law. The court, which had reserved its order on August 22 after hearing the submissions of the counsel for Pathak and Tihar Jail authorities, disposed of the petition. The jail authorities had allowed Pathak to meet Kejriwal twice in April but refused to give him permission this time, claiming that certain statements made by him after meeting the chief minister were in contravention of prison rules and mostly, politically motivated.
03.09 / 20:50
markets Digital Man trends Celebrity reports Wedding collection sales surge in FY24, bucking overall trend
Tarun Tahiliani and Abu Jani, Sandeep Khosla to Sabyasachi and Rahul Mishra recorded a surge in sales of wedding and occasion wear in 2023-24, ranging between high double-digits and triple digits, bucking the overall trend of lacklustre demand as a sharpening focus on premiumisation added sheen to their labels. «Luxury is always recession-proof if you do it right,» fashion designer Sabyasachi Mukherjee told ET. «The good thing about being a good luxury brand is you almost create a monopoly. So, when everybody fails, you're the last man standing which probably reflects in the financials.» Joint Ventures
27.08 / 18:34
Man WhatsApp country Sporting Indian Navy's frontline warship 'Mumbai' makes first visit to Sri Lanka
Colombo on Monday on a three-day visit to Sri Lanka during which it will also engage in a Passage Exercise with a Sri Lanka Navy vessel. The Indian Navy's frontline warship was welcomed by the Sri Lanka Navy in compliance with naval traditions, the island nation's navy said in a press release. INS Mumbai, a 163-metre-long Destroyer, is manned by a crew of 410 members. This is the ship's first visit to any port in Sri Lanka and will be the eighth port call by Indian ships this year, the Indian High Commission said in a press release on Sunday. Its commander Captain Sandeep Kumar called on the Commander Western Naval Area, Rear Admiral Chinthaka Kumarasinghe at the Western Naval Command Headquarters upon the ship's arrival.

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