India Financial News
16.05 / 16:07
SEC
Assurant
Election
MON
cover
information
After Lok Sabha polls, ENPO announces decision to abstain from Urban Local Body elections
Nagaland People’s Organisation (ENPO) announced that it would also abstain from the Urban Local Body (ULB) elections scheduled on June 26. The body has earlier abstained from participating in recently held Lok Sabha polls resulting in not a single vote cast in six districts of Nagaland. ENPO which has been demanding a separate 'Frontier Nagaland Territory' or a separate state comprising the six eastern Nagaland districts, boycotted the election to the lone Nagaland Lok Sabha seat on April 19 in support of its demand, is the apex body of seven tribes from the six eastern districts of Kiphire, Longleng, Mon, Noklak, Shamator, and Tuensang. ENPO Secretary W. Manwang Konyak on Thursday said that they have already informed the State Election Commission (SEC) that the people of the six districts would abstain from voting in the ULB polls, covering three Municipal Councils and 36 Town Councils.
16.05 / 15:39
UPS
Provident
security
wellness
performer
reports
Redington Q4 Results: Firm posts standalone profit of Rs 160.57 crore
technology solutions provider Redington Ltd has reported a standalone net profit for the January-March 2024 quarter at Rs 160.57 crore, the company said. The city-based company had registered a standalone net profits of Rs 124.91 crore during the corresponding quarter of previous year. For the financial year ending March 31, 2024, the standalone profit stood at Rs 1,081.24 crore, as against Rs 1,071.88 core registered a year ago.
16.05 / 15:39
Provident
Food
CAT
DiRT
Fishing
prevention
Features
Best Dog Brushes in India for Clean and Shiny Coat (2024)
In this article, we have curated a list of the best dog brushes in India which will be perfect for your dog or cats while very convenient for you as well. Check out the complete list of these brushes, find the one that you think is the best for you and place your order using the buying links shared in the article below.
16.05 / 15:39
UPS
Election
Highways
wellness
President
Interviews
Got a call from President Putin for an invitation to a Sept meeting, says PM Modi
India Today said that the world leaders are confident that his party's government will be formed in the ongoing Lok Sabha elections 2024. «I got a call from (Russian) President Putin for an invitation to a September meeting. I got a call from G-7 as well. The world is fully confident that our government will be formed,» the Prime Minister said in the interview. Although the PM said, «We should never go into the comfort zone. If this becomes comfortable, I will start challenging myself. You must have noticed that there are more accidents on straight highways and where there are curves, there are fewer accidents. I want to keep my team alert and awake. I want to keep them running,» during the interview.
16.05 / 15:39
IPO
Parke
WhatsApp
reports
Brookfield REIT Q4 Results: Net income jumps 89% YoY at Rs 461 crore
Brookfield India Real Estate Trust (BIRET) on Thursday reported an 89 per cent rise in its adjusted net operating income to Rs 460.8 crore during the March quarter and announced distribution of Rs 208.6 crore to unitholders. Its net operating income (NOI) stood at Rs 244.4 crore in the year-ago period. During the full 2023-24 fiscal, the company's NOI increased to Rs 1,506.2 crore from Rs 960.8 crore in the preceding year, according to a regulatory filing.
16.05 / 15:39
UPS
Citi
Provident
Football
performer
country
Indian Football's quest for the next striker: Who will step up after Sunil Chhetri?
Sunil Chhetri, India's leading goal scorer, announces his retirement, Indian football is left pondering a significant question: who will fill the void left by the veteran striker? Chhetri's impact on the Indian football scene has been immense, and finding a suitable replacement is crucial for the national team's future. Chhetri's Legacy and the Search for His Successor Since 2005, when Sunil Chhetri first joined the Indian football team, the striker position has been synonymous with his name. His prolific goal-scoring ability and leadership on the field have made him a legend in Indian football. However, with his retirement looming, the spotlight shifts to the next generation of players who will step up to fill his shoes.
16.05 / 15:39
UPS
Target
Remark
Election
President
Arvind Kejriwal has lost his mind after going to jail: Yogi Adityanath
Yogi Adityanath on Thursday attacked AAP chief Arvind Kejriwal, asserting that the Delhi CM has lost his mind after going to jail. Adityanath made the remarks in a response to the claims by Kejriwal that the UP chief minister will be removed from the post if the BJP retains power. At a joint press conference along with Samajwadi Party president Akhilesh Yadav here this morning, Kejriwal reiterated his claim that Union Home Minister Amit Shah will be made the next prime minister and Yogi Adiyanath will be removed as UP chief minister if the BJP comes to power again. Adityanath said, «Kejriwal has lost his mind after going to jail. The Delhi CM, who shattered Anna Hazare's aspirations and sided with the corrupt, is now targeting me. He has embraced the Congress, against whom Anna protested, like a necklace.»
16.05 / 15:39
WhatsApp
reports
Concor Q4 Results: Net profit rises 10% YoY to Rs 301.25 crore
Container Corporation of India Ltd (Concor) on Thursday posted a 9.88 per cent increase in consolidated net profit to Rs 301.25 crore for the March 2024 quarter. The company had reported a consolidated net profit of Rs 274.14 crore a year ago, Concor said in a regulatory filing. During the quarter under review, consolidated revenue from operations was Rs 2,417.87 crore against Rs 2,281.75 in the year-ago period.
16.05 / 14:57
Career
Remark
performer
country
stars
Sporting
bowling
NOT
Harbhajan Singh's advice for Rohit Sharma ahead of T20 World Cup: 'Not many know, Dhoni was a very...'
Mahendra Singh Dhoni's captaincy, India lifted the last ICC title in 2013, the Champions Trophy, when they defeated hosts England in a rain-curtailed final. Under Dhoni's leadership, India clinched the 2007 and 2011 ICC Men's T20 World Cups. However, the country has not won an ICC trophy since 2013, though it did manage to reach the final of the home ODI World Cup last year and lost to Australia.
16.05 / 14:57
markets
Manufacturing
Platform
Analysis
show
performer
reports
DCGI calls for strict reporting of side-effects related to medical devices
Mint. “As the MvPI is an important programme for reporting of adverse events, coordinated analysis etc., related to the medical devices including in-vitro diagnostic devices, therefore, all licence holders should also use the MvPI platform for reporting of any adverse or serious events associated with the devices to enhance the procedure for identifying risk associated with such equipment," he said. The DCGI said that post market surveillance (PMS) of medical devices is important to ensure safety and performance of medical devices and allows regulatory authorities to take appropriate measures to mitigate risks and safeguard public health.
16.05 / 14:57
Citi
Strategy
Trade
country
Interviews
Relationships
International
'India to grow faster than China in coming years, attract more investment'
. “India, I think, is moving forward quickly and therefore I think has a very good chance with our brand to grow faster than China," he said. Drew said more Western companies will eventually invest in India, with the country benefitting from the West's ‘China plus one’ strategy, referring to plans to avoid investing only in China and diversify businesses into other countries. “I would also like to think that it is due to the democracy (in India) and also the availability of not only cheap but educated labour," he said in an interview.
16.05 / 14:25
UPS
Nov
Justice
show
Courts
Investigations
Documents reveal past of B.C. Sikh leader Hardeep Singh Nijjar’s alleged killer
One of the alleged hitmen accused of killing B.C. Sikh temple leader Hardeep Singh Nijjar was arrested and released in Surrey, B.C., shortly before the attack, according to court records.
16.05 / 14:21
markets
Citi
IPO
Provident
Strategy
band
reports
Awfis sets Rs 364-383 price band for IPO
workspace solutions provider Awfis Space Solutions on Thursday announced a price band of Rs 364-383 per share for its initial public offering, scheduled for launch on May 22. At that price, the total proceeds from the IPO would be between Rs 576 crore and Rs 599 crore. Awfis is the first Indian coworking services provider heading for an IPO.
16.05 / 13:59
Progressive
Manufacturing
awards
WhatsApp
country
Share of non-fossil fuel to grow to 50% in domestic energy generation capacity by 2030: MNRE Secy
non-fossil fuel to 50 per cent in the country's total installed electricity generation capacity by 2030, MNRE Secretary Bhupinder Singh Bhalla has said. The share of non-fossil fuel-based capacity in India's installed energy generation capacity is around 42 per cent at present, the official said in a address at the World Hydrogen Summit 2024 in Rotterdam, Netherlands, on May 15, 2024, the Ministry of New and Renewable Energy said in a statement. «Approximately 43 per cent of India's current installed electricity capacity is from non-fossil-fuel sources, with projections indicating a rise to 50 per cent by 2030,» he said. As per official figures, there was a 10.79 per cent rise in non-fossil fuel-based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in 2023-24 over 172.01 GW in 2022-23.
16.05 / 13:59
UPS
Action
voice
International
'If any atrocity happens to any woman ... ': Priyanka Gandhi condemns assault on Swati Maliwal, AAP faces heat
Congress leader Priyanka Gandhi has voiced her support for AAP MP Swati Maliwal, who was allegedly assaulted by a former aide of Arvind Kejriwal. Gandhi refrained from directly commenting on the case, stating that it is an internal matter of the AAP. «If any atrocity happens to any woman anywhere, we stand with the woman. I always stand with women — irrespective of which party they belong to. Secondly, AAP will discuss amid themselves and make a decision. It is up to them,» Priyanka said when asked about the alleged assault which has put not just the AAP but also other parties of opposition's INDIA bloc on the backfoot. Opposition parties, including the BJP, have avoided directly addressing the assault case. The BJP has demanded action against Bibhav Kumar, the former PA to Arvind Kejriwal, who is accused of misbehaving with Swati Maliwal. Maliwal, known for her activism against injustice towards women, has chosen to remain silent on the issue.
16.05 / 13:59
markets
Sustainability
students
Cycling
performer
information
testing
JEE Advanced 2024 Admit Card to be available soon: Here is direct link, important dates and other details
JEE Advanced 2024 will be avaiable to download and review from Friday, May 17, 2024, at 10:00 AM, until Sunday, May 26, 2024, at 2:30 PM. Direct link: https://jeeadv.nic.in/applicant
16.05 / 13:59
markets
UPS
economy
Election
show
country
ET Explains: What drives inward remittances?
remittances peaked till the election year and then slowed down. India has been on top of the charts of remittances from its diaspora. In 2022-23 it crossed the $100billion mark to $112 billion and a record $29 billion in the December quarter alone. But will the uptrend continue? An explainer on what drives inward remittances. What are inward remittances? They are money sent by an Indian who is residing overseas to their families back home for their daily maintenance. In India, in terms of data, it is reflected in “ private transfers” in the balance of payments and is a major source of foreign currency resources for any economy.
16.05 / 13:17
Gap
Strategy
Research
trends
show
country
reports
92% of knowledge workers in India use AI at work as compared to the global figure of 75%.
India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype? Moreover, AI proficiency has emerged as a top priority in India Inc.'s hiring strategy, with 75% of employers emphasizing the importance of AI skills for new hires, surpassing the global average of 66%. Interestingly, there is a clear preference for AI skills over experience, with 80% of the leaders in India preferring less experienced candidates with AI skills over seasoned candidates lacking such skills, the study revealed.
16.05 / 13:17
markets
CEO
security
trends
beautiful
exclusive
Destinations
Reliance Retail partners with UK's ASOS to bring online fashion retailer to India
Also read: Is the Indian online consumer evolving? A relatively new fee seems to suggest so Reliance Retail said in a statement on Thursday, “Under a long-term licensing agreement, Reliance Retail will be the exclusive retail partner for ASOS across all online and offline channels in India. Leveraging its extensive experience of operating omni-channel retail networks, Reliance Retail will introduce ASOS’s portfolio of owned labels to the Indian market through a multi-channel presence for ASOS across retail formats such as exclusive brand stores, multi-brand stores and online platforms." ASOS only sells its own products in all markets except for a few, in which it also sells third-party brands.
16.05 / 13:17
country
reports
Mamata Banerjee says TMC part of INDIA day after offering ‘outside’ support: ‘It was my brainchild’
Trinamool Congress had withdrew from the INDIA bloc in West Bengal in January this year. But on Wednesday, May 15, Mamata Banerjee said her party would offer “outside" support to the Opposition INDIA bloc to help it form government at the Centre.
16.05 / 13:17
Target
Death
country
India hit by a fourth of Asia Pacific's $230 bn economic loss due to weather disasters
Mint on the impact of climate change in the Asia Pacific region. India accounts for most of the economic and human losses in South Asia region.
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