India Financial News

grievance filed by one of the employees of Paytm. “The representative of the management of Paytm appeared before the regional labour commissioner, Bengaluru on Wednesday and agreed not to recover the joining bonus and to pay the notice period payment to the employee,” it said in a statement.

NHAI) on Tuesday entered into a memorandum of understanding with the Survey of India for development and validation of GIS-based land acquisition plan for upcoming national highway projects in India. The agreement aims at leveraging geospatial technology and development of standard operating procedures for GIS-based land acquisition plan to enhance land acquisition planning as well as preparation of terms of reference for consultants. “The detailed project reports will outline the technical specifications for the GIS-based land acquisition plan,” NHAI said.

₹25 lakh in some cases. An AIF though is still required to apply for clearance.

Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles. The official said the two sides are in touch, and the next round would start this month only. Britain's newly-elected Prime Minister Keir Starmer spoke to Prime Minister Narendra Modi on Saturday and said he stood ready to conclude an FTA that worked for both sides.

Pegasus spyware developed by the NSO Group, Apple has classified these attacks as highly advanced and rare, requiring substantial financial investment by perpetrators. These operations, which focus on a select number of individuals globally, are designed to operate covertly and evade detection.The latest communication from Apple warns affected iPhone users of the ongoing nature and expansive reach of these attacks.

to reach 700 Test wickets earlier this year during England's five-Test tour of India.Former English pacer Stuart Broad said that the 41-year-old could have half an eye on overtaking the late Australian great Shane Warne's tally of 708 wickets. He, however, added that Anderson's real focus would still be on England winning the match.Stuart Broad is a long-time bowling partner of James Anderson and had made an emotional exit across London at The Kia Oval last summer.On Anderson's impending retirement, Broad was quoted by Sky Sports as saying, “He might have half an eye on Shane Warne's Test wicket tally of 708 if he has a really good week but he will just want to walk off the pitch winning the game.""I know he is nearly 42 and this will be his 188th Test but he will feel some nerves this week, no doubt.

Army Chief Gen Upendra Dwivedi reviewed the security situation along the Line of Control (LoC) in Jammu and Kashmir on Wednesday and exhorted the troops to remain steadfast to meet all security challenges, officials said. This was his first visit to the Jammu region after taking charge as the 30th chief of the Indian Army on June 30 and it assumes significance in view of the ongoing Amarnath Yatra and massive anti-terror operations underway, especially in the hilly districts. The Army chief reached Jammu in the morning and flew to the border district of Poonch to review the security situation and operational preparedness along the LoC, the officials said, adding he was accompanied by General Officer Commanding-in-chief, Northern Command, Lt Gen Suchindra Kumar and General Officer Commanding (GOC) of the Jammu-based White Knight Corps Lt Gen Navin Sachdeva. Gen Dwivedi also chaired a high-level meeting of Army and police officers on his return from Poonch at the Army headquarters in Nagrota. Director General of J&K Police R R Swain, Additional Director General of Police, Law and Order, Vijay Kumar and ADGP, Jammu zone, Anand Jain attended the meeting.

Shoppers Stop, India’s oldest department store chain, plans to enter luxury retailing with large-format standalone stores that will sell brands such as Gucci and Louis Vuitton, one person aware of the company’s plans told ET. The new format will also house the Aditya Birla Group’s luxury store The Collective, the person said. The company plans to launch two luxury outlets this fiscal year and one of them could be in Kolkata, the other in Mumbai, the person said.

Also read |IT hiring will return, but with a difference Tata Consultancy Services Ltd, India’s largest software exporter, in May said it had doubled its pipeline of generative artificial intelligence projects to $900 million in the March quarter. Infosys Ltd, India’s second-largest IT services company, has said it is working on 225 GenAI projects.

Bhavish Aggarwal said that the company has developed a cutting-edge lithium cell battery named "Bharat cell", which is currently undergoing trials in an advanced stage and can be a gamechanger for the Indian electric mobility ecosystem once it is launched on a full scale. «This is the 5G of lithium cells, if I can say, it in a very simple way. This is the cutting-edge technology that we have made in India. Globally, only a few companies have this technology capability,» Bhavish Aggarwal told in a podcast session. And for this technology, Ola's founder apprised that it had not done any partnership for its development.

Rakesh Jhunjhunwala, often referred to as the "Big Bull" of Indian stock markets, who passed away 2 years ago, would have turned 64 years today. If Jhunjhunwala can be remembered for one thing, it would be his often mentioned quote: “Bhav bhagwan hai” (price is god).

India and Russia on Tuesday discussed plans to end the Ukraine conflict peacefully as Prime Minister Narendra Modi, during his annual summit meeting with President Vladimir Putin in Kremlin, referred to the death of innocent children in war and terror attacks. «Any person who believes in humanity feels pain when people die, and especially when innocent children die. When we feel such pain, the heart simply explodes, and I had the opportunity to talk about these issues with you yesterday,» Modi said, adding that a «solution cannot be found on the battlefield». The PM said: «For a bright future, war is not a solution. India is in favour of peace. I am hopeful of peace. Ready to cooperate for peace,» Modi said. Briefing the media, foreign secretary Vinay Kwatra said the two leaders discussed several ideas on addressing the Ukraine conflict.

A Supreme Court ruling connected with the survival of the endangered Great Indian Bustard species on 6 April 2024 stated: “ … the people have a right against the adverse effects of climate change … this right and the right to a clean environment are two sides of the same coin.... The inability of underserved communities to adapt to climate change or cope with its effects violates the right to life as well as the right to equality… If climate change and environmental degradation lead to acute food and water shortages in a particular area, poorer communities will suffer more than richer ones." This game-changing jurisprudence, recognizing protection against the adverse impacts of climate change as worthy of being considered a fundamental human right, came days before a similar ruling by Europe’s top human rights court that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change.

solar mission Aditya-L1 spacecraft completed its first halo orbit around the Sun-Earth L1 point on Tuesday, the Indian Space Research Organisation (ISRO) said in a statement. The Aditya-L1 mission is an Indian solar observatory at Lagrangian point L1, launched on September 2 last year and was inserted in its targeted halo orbit on January 6. Aditya-L1 spacecraft in the Halo orbit takes 178 days to complete a revolution around the L1 point.

If you struggle to do what it takes to make a business successful, then we have curated a list of the best business books in India. All of these books are mentioned in this article along with their summary. Go through the summaries, find the right book for yourself, and place your order using the given buying link.

It’s time to confront an urgent question: Am I the leader I used to be? The risk of avoiding this question is playing out in Washington right now. And while the fate of the free world might not rest on the answer for most of us, the futures of our companies and co-workers just might. If an honest assessment reveals a lost step, it might mean making small adjustments such as cutting back hours.

appraisal season winds to a close, the eventual opening up in the job market in the coming months may see a wave of resignations across corporate India, with many employees looking for change, suggest the findings of a new survey. As much as 86% of 5,562 professionals who responded to a survey put together by job portal Naukri.com for ET said they would be actively looking out for new jobs now that appraisals were over. About 39% of the respondents said their appraisals had been worse than last year, while they were similar for 33% and better for the balance 28%. People have chosen to remain where they were as the job market was muted in several sectors with employers exercising caution in hiring decisions fearing cost escalation, said Arvind Usretay, regional client manager – Asia at HR consultancy Mercer. “When such a phenomenon occurs, it bottles up the regular churn in the market, leading to ‘waves’ of sorts (when the job market revives),” he said. “The last time we witnessed such a frenzy was about 24 months ago.”

saas-bahu template took over Indian TV, I was hooked on Aahat, a horror show on Sony Entertainment Television (SET), the TV channel owned by Sony Pictures Networks India. I watched the show, based on ghosts, spirits and paranormal activity, with my grandmother every weekend when it aired post 10 pm. My parents, both early sleepers, are still amused by the visual of a six-year-old and a 60-year-old staying up until midnight to watch dead people returning to haunt their murderers, disguising themselves as clowns, hiding in toys, and whatnot.

«We will have a large surge in money coming into India, foreign money coming into India, primarily through the equity route and now increasingly through the bond route as well. And we have now an interim budget upcoming which could lay the foundation for further growth momentum to pick up,» says Mahantesh Sabarad, Independent Market Expert. Let us talk about the market move we have seen today. Slight bit of a subduedness in the middle part of the session, but we are back to almost the day's highest trading point for Nifty. Yet another record high also coming in for Nifty. Do you think this exuberance we are seeing in Nifty is sustainable going ahead given that the budget is just around the corner? Mahantesh Sabarad: There are multiple reasons why the markets are actually upbeat. It is not just today's session. If you look at the past several months, the upbeat market is trying to gauge into the future wherein we have the likely monsoon outcome going to be positive, we are going to have inflation coming down and therefore RBI looking for rate cuts later down in the year, probably post October.

Aditya Birla Fashion & Retail (ABFRL), Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, India Cements, Indus Towers, and Piramal Enterprises (PEL). Stocks' Futures & Options contracts enter a ban period when their open interest (OI) reaches 95% of the market-wide position limits (MWPL). The ban is lifted only when the open interest falls below 80% of MWPL.

defence stocks. A number of defence stocks, big as well as small, have been touching new highs in recent times. The defence euphoria in the market is fuelled by the government's resolve to indigenise defence production as well as boost defence exports. The defence sector has become a striking Make in India story. But behind this growth lies years of persistent efforts at the policy as well as execution levels.