India Financial News

₹4,000 crore or global sales of $30 billion or gross merchandise value of ₹16,000 crore or global market capitalization or fair value of $75 billion and also meet the criterion of 10 million end users or 10,000 business users will be designated as SSDE. In addition, any enterprise which does not meet these criteria but has significant presence in the market for specified services including internet search, advertising services and operating system, in CCI’s view, will get the tag of an SSDE.

fair value of a stock, many believe that price history should be given the highest importance. This view operates on the premise that whatever you know is already known to the market and has been factored into the price. However, it would be incorrect to assume that the price correctly reflects every development in a company.

Google said on Monday it would make it mandatory for advertisers to disclose election ads that use digitally altered content to depict real or realistic-looking people or events, its latest step to battle election misinformation. The update to the disclosure requirements under the political content policy requires marketers to select a checkbox in the «altered or synthetic content» section of their campaign settings.

Pakistan cricket team has come under fire for their unconventional training methods following a disappointing performance at the T20 World Cup. Despite their efforts to innovate in practice, including drills on mattresses, critics and fans remain skeptical about their effectiveness. Viral Video Sparks Controversy A viral video showing Pakistan players performing fielding drills on old mattresses has sparked both amusement and criticism on social media. This unusual training approach has raised questions about the team's professionalism and preparation methods in the wake of their early exit from the T20 World Cup.

In their book, The Court on Trial, Aparna Chandra, Sital Kalantry and William Hubbard have taken a data-driven approach to assessing the performance of the Indian Supreme Court. Using data-sets created from over a million Supreme Court cases, they try to find answers to whether our apex court is in fact a “people’s court"; whether certain individuals (senior counsels with high name recognition) have inordinate influence on outcomes; whether the Chief Justice (as Master of the Roster) has outsize influence through the ability to strategically assign cases to benches of his or her choice; and whether the promise of post-retirement postings could influence judicial decisions towards the end of a judge’s term.

shipbuilding and repair policy under the 100-day action plan, a top government official said on Thursday. Maritime India Vision 2030 (MIV 2030) aims to move India's shipbuilding and ship repair ranking into the top 10 globally while Amrit Kaal Vision 2047 sets an even more ambitious goal of reaching the top five. «The MoPSW (Ministry of Ports, Shipping, and Waterways) is steadfast in its commitment to revitalise the shipbuilding and repair industry in India.

private equity and venture capital world is in the crosshairs of the goods and services tax (GST) office. About a dozen such alternative investment funds (AIFs) have recently received notices, with the revenue department questioning why their schemes, housing the fund pools, are not registered under GST. These funds raise huge money every year and bankroll thousands of startups and listed companies.

PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. «Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention,» said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line.

Tata Mutual Fund has launched Tata Nifty India Tourism Index Fund, the nation's first tourism index fund comprising a collection of companies forming part of Nifty 500. The new fund offer or NFO of the scheme is open for subscription and will close on July 19. The scheme will reopen for continuous sale and repurchase on or before July 29. The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty India Tourism Index (TRI), subject to tracking error.

Aditya Birla Fashion & Retail (ABFRL), Balrampur Chini, Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers and Piramal Enterprises (PEL). While Hindustan Copper has exited the ban, IEX is the latest entrant on the list.

Shares of Brigade Enterprises Ltd.(up 4.1 per cent), Godrej Properties Ltd.(up 1.38 per cent), Sobha Ltd.(up 1.0 per cent), Oberoi Realty Ltd.(up 0.35 per cent) and Sunteck Realty Ltd.(up 0.25 per cent) ended the day as top gainers in the pack.

Terminal 1 of Delhi Airport is expected to face a delay of more than a month. This comes after heavy rainfall last Friday caused a roof collapse at the old terminal, resulting in one fatality. Delhi Airport had initially planned to begin operations at the new terminal by mid-July. However, sources told ET that permission will now be granted only after a comprehensive examination of the structure is completed, likely taking over a month. An official, who requested anonymity, stated, «In the meantime, all flights have been accommodated at terminals 2 and 3.»

Indian Army on Wednesday issued a clarification on the compensation provided to Agniveer Ajay Kumar’s family after Leader of Opposition Rahul Gandhi alleged that Defence Minister Rajnath Singh had lied in the parliament about the emoluments. In a post on social media X. the AGD PI Indian Army tweeted, “*CLARIFICATION ON EMOLUMENTS TO AGNIVEER AJAY KUMAR*

Bhole Baba or Surajpal Singh is a godman who comes with a distinct sartorial style. Born to Jatav parents in Bahadur Nagari village of Kasganj district around the mid-1960s, he eventually amassed a significant following, especially among the SC/ST communities, advocating for their upliftment and social justice. Bhole Baba's transformation into a spiritual leader began in his youth, influenced by his farmer father and deeply religious mother, and culminated in his current persona after a career in the UP Police. However, his journey has been marred by controversies and allegations.

Master of Science in Data Science (MSc DS) and Master of Computer Applications (MCA). These degree programmes are UGC Entitled and will include online classes by the esteemed VIT faculty, along with pre-recorded sessions. VIT offers these online degree programmes to empower learners with the latest knowledge and skills without interrupting their ongoing careers.

IMD) has issued an orange alert for Mumbai and several districts in Maharashtra's Konkan region, predicting heavy to very heavy rainfall on Saturday. Mumbai, Thane, Palghar, Raigad, Ratnagiri, and Sindhudurg are all under the alert, with the city already experiencing significant rain over the past few days. Heavy rainfall this morning has resulted in waterlogging and traffic disruptions across Mumbai. According to the IMD, the city has recorded 61.69 mm of rain in the last 24 hours. Additionally, authorities have warned of a high tide of 3.87 meters expected in Mumbai at 4:06 pm today. The maximum temperature is likely to hover around 29 degrees Celsius, while the minimum may settle at 24 degrees Celsius. «An orange alert has also been issued for Thane, Palghar, Raigad, Ratnagiri, and Sindhudurg districts in Maharashtra's Konkan region.»

cricket, were bundled out for 102 in 19.5 overs. Raza, who scored 17 off 19 balls and took 3 wickets for 25 in his 4 overs, was awarded the Player of the Match.It is the same venue where India faced Zimbabwe in the first T20I cricket match and lost. The pitch was very helpful for spinners.

India looking to win the T20I series, Zimbabwe would hope to dig deep into their experience and keep it alive as both teams gear up to square off against each other in the 4th T20I on Saturday. It will be a T20I fest on Saturday and Sunday, with India and Zimbabwe competing at the Harare Sports Club for the final two T20Is of the five-match series. The Shubman Gill-led side stepped into the first T20I, banking on youth and talent rather than experience.

Mutual Funds in India (AMFI), in its Union Budget proposals, has sought that capital gains on redemption of units of debt-oriented mutual funds held for more than three years should be taxed at the rate of 10% without indexation, as applicable in the case of debentures. The mutual fund industry body also has proposed the introduction of a debt-linked savings scheme (DLSS) providing tax benefits similar to the current ELSS scheme. AMFI has proposed that the definition of equity-oriented funds be revised and include fund of funds (FoFs) that invest at least 90% of their corpus in units of equity-oriented funds. This move will ensure parity in tax treatment for FoFs investing in equities.

ASM Technologies during the June quarter. Agrawal didn't have any holding in the company in the preceding March quarter. According to the latest shareholding pattern available with the exchanges, ASM Tech is majority owned by promoters with 47.36% stake while the public shareholders have about 42.64%. Among the public shareholders, mutual funds and foreign portfolio investors have no significant holding in the company.

Lucknow, Jaipur and Thiruvananthapuram as their headquarters. The Department of Military Affairs (DMA) under Chief of Defence Staff Gen Anil Chauhan, who is responsible for raising the theatre commands, is now focusing their energy towards implementing over 150 points to enhance integration among the three services and make ready for the multi-domain warfare of the future. On July 2, Prime Minister Modi had stated in Parliament that the creation of theatre commands was on track and modernisation of armed forces was in full swing.