India Financial News

₹2,000 crore, even if the deal does not otherwise meet the asset and sales threshold for merger regulations. The amendments also said CCI has to make a first impression of a deal within 30 days, failing which it will be deemed to be approved. Kaur also explained that the emergence of new-age markets has led to a revamp in competition laws around the world, as digital economy adds to the complexities.

₹6.52 crore for the quarter ending in March 2024 from ₹15.03 crore in the same quarter of the previous year. The company reported operational revenue of ₹255.60 crore for the quarter ending March 31, 2024, with total income reaching ₹255.92 crore. For the fiscal year 2024, Apollo Pipes recorded a profit of ₹42.82 crore and revenue of ₹986.95 crore.

In charts: India’s spices exports raise a stink abroad Certain Everest and MDH products were recently found to have violated rules around ethylene oxide residue in Singapore and Hong Kong, resulting in recalls and bans of specific batches of their products in these markets. Hong Kong completely prohibits ethylene oxide in food products, while Singapore has a limit of 50 parts per million. The European Union's limit is even lower, ranging from 0.02 to 0.1 mg per kilo.

Follow Lok Sabha Election 2024 Phase 5 Voting Live Updates here Eight states/UTs which went to the polls in Phase 5 of the Lok Sabha Elections were Bihar (5 seats), Jammu and Kashmir (1 seat), Ladakh (1 seat), Jharkhand (3 seats), Maharashtra (13 seats), Odisha (5 seats), Uttar Pradesh (14 seats), and West Bengal (seven seats). Check full list of constituencies that voted in Phase 5 (on May 20) here Cities like Mumbai, Thane and Lucknow voted in this phase, “which have in the past suffered from urban apathy in voting," the Election Commission said.

ALSO READ: Harbhajan Singh's advice for Rohit Sharma ahead of T20 World Cup: 'Not many know, Dhoni was a very...' He said, as posted by Cricketopia, "Humare daur me koi mobile phone nai the, koi internet nai tha. Line se phone karte the ke bhai aaithe milne aa khana kha. Aajkal Ka cricketer kamre me ghusa hai (In out time there was no mobile, no internet.

Aeronautics Limited (HAL) from ‘Accumulate’ to ‘Buy’ after the company reported 52 per cent year-on-year (YoY) rise in its net profit to ₹4,308.7 crore for the fourth quarter results (Q4 FY24). The brokerage firm has also raised the target price of the PSU defence stock from ₹4,100 to ₹5,590. “We revise to Buy from Accumulate, with a higher TP of INR 5,590 from INR 4,100 based on 45x (from 35x) March 2025E P/E as we roll forward.

expressed grief over the demise of Iranian President Ebrahim Raisi, who died in a chopper crash. In his condolence message on X, formerly Twitter, Modi said India stands with Iran in ‘this time of sorrow’. "Deeply saddened and shocked by the tragic demise of Dr.

visit to China and nearly a month after he cancelled his visit to India. Musk's plan to visit India between April 20 and 22 was cancelled at the last moment, and there is no update on Tesla's entry into the Indian market. According to a PTI report, Elon Musk's Tesla is yet to inform India about its plans to enter the country.

Lok Sabha Elections 2024today, registered 54.21 per cent voter turnout till 5 pm, Election Commission of India said. This is a record of sorts for the constituency in north Kashmir for any general election held so far. The best turnout in last thirty-five year history of polling in Baramulla seat was 61.09 per cent, in 1984 general elections.

49 constituencies across 8 states are voting. The six seats of Maharashtra capital Mumbai are also up for polling today, and this is going to be an interesting contest as, for the first time, two factions of Shiv Sena and NCP are going against each other in the parliamentary elections. Former Maharashtra CM and Shiv Sena (UBT) chief Uddhav Thackeray addressed a press briefing in Mumbai and raised questions on the conduct of elections.

ALSO READ: ‘Adhir Ranjan Chowdhary won’t decide': Kharge on remarks against Mamata The development comes a day after Kharge snubbed West Bengal Congress chief Adhir Ranjan Chowdhury for questioning TMC supremo Mamata Banerjee's loyalty to the INDIA bloc. While responding to a query on Mamata’s comment that if the Indian National Developmental Inclusive Alliance (INDIA) forms the government after the ongoing Lok Sabha 2024 polls, she will support it from outside, Chowdhury remarked that she could not be trusted and that she might also go with the BJP. Responding to Chowdhury's comment on Mamata Banerjee, Kharge had said, “Mamata Banerjee is with the alliance.

iPhone or iPad, the Mac mini is a smart choice due to its seamless integration with these devices. Tasks like file sharing and continuity are much simpler between Apple devices. Moreover, users who prioritize security and privacy may prefer the Mac mini for its strong built-in security features, regular software updates, and macOS's reputation for being less susceptible to malware compared to Windows.

—Name withheld on request.

Prince Edward Island (PEI), a significant protest is unfolding. A group of former and current international students, mostly from India, have taken to the streets, voicing their distress over a policy shift that jeopardizes their future prospects in the country. According to reports, the controversy centers on the Provincial Nominee Program (PNP), a lifeline for many international students aiming to secure permanent residency (PR) in Canada. Typically, Indian students enroll in institutions in provinces like Ontario or British Columbia. However, upon realizing the fierce competition for PR in these densely populated areas, many transfer to smaller, less populated provinces like PEI. Do you meet the immigration criteria? Check here These provinces, grappling with stagnant and aging populations, have historically relied on the PNP to attract temporary residents, thereby addressing labor shortages and sustaining population growth.

KKR & Co is all set to sell its education portfolio in India — Lighthouse Learning (formerly Eurokids International). KKR has hired JP Morgan and Avendus to run the sale process, which is expected to be launched by next week, said two sources aware of the development.

public offering (IPO) of Awfis Space Solutions will open for subscription on May 22. The issue closes on May 27. Through the public offer, the company plans to raise around Rs 599 crore. Here are 10 things to know about Awfis Space Solutions IPO before subscribing to the issue.

Bengaluru late on Saturday night, the engine of an Air India Express aircraft carrying passengers from Pune to Kochi caught fire. This resulted in the plane's return and an emergency evacuation of its 179 passengers, who were left stranded in the Karnataka capital for almost thirteen hours. There were six crew members on IX-1132.

The Indian higher education system is, by far, among the largest in the world today. Latest available data from the All India Survey on Higher Education (AISHE) under the ministry of education from academic year 2021-22 shows that 43.2 million students are enrolled in the system, having grown at 4.1% compounded annual growth rate (CAGR) over nine years from 30 million in 2012-13. Towards the objectives of inclusive enrolment and coverage, the country’s reservation policy has undoubtedly yielded results.

V-Guard Industries share price has risen more than 47% in a year and is also trading near 52 week highs seen last week. The Q4 performance remained decent with uptick in sales for Electronics and Electricals segments as well as rising consumer durables and acquired Sunflame sales. ' While Electricals segment contributing more than two-fifth to overall revenues and , comprising of Wires, Pumps, Switchgears, Modular Switches, saw 10.7% growth, Electronics segment comprising– Stabilizers, UPS, Inverters contributing fourth to overall revenues also grew at a fester pace of 18.9% yoy.

MUMBAI : PE firm TA Associates lines up a unicorn housing finance bet Private equity firm TA Associates is set to pick up a significant stake in Multiples PE-backed Vastu Housing Finance Corp. Ltd, in another sign of increasing investor interest in the housing finance sector. The deal size will likely be about $400 million, with Vastu Housing Finance valued upwards of $1.4 billion, said one of three people with knowledge of the deal.

mutual funds showcase vital track records. They may be worth considering for investors seeking exposure to small-cap stocks' potential growth opportunities.