India Financial News
13.05 / 14:27
UPS
Manufacturing
blues
stars
rights
Air-conditioner manufacturers shortage of products or models due to unprecedented demand
Voltas, Daikin and Blue Star said there is a shortage of products or models in the industry, due to unprecedented demand amid the heatwave conditions prevailing for the past month and a half.
13.05 / 14:27
markets
Target
Strategy
WhatsApp
Department
International
Destinations
UAE announces visa support for Indians hosting Abu Dhabi destination weddings
wedding destination, the Abu Dhabi Convention and Exhibition Bureau (ADCEB) has announced an initiative to extend visa support to Indian nationals hosting weddings across the Emirate. The ADCEB, which is a part of the Department of Culture and Tourism Abu Dhabi, is undertaking this initiative to establish the UAE capital as a premier wedding destination, a statement released here said. The recently announced new visa initiative contributes to Abu Dhabi's tourism strategy 2030, which aims to boost visitor numbers to 39.3 million by 2030. The destination wedding segment is among the newest verticals to join the ADCEB as part of an overarching objective to attract domestic and international visitors and increase the sector's contribution to the GDP to AED 90 billion as per the 2030 strategy, the statement said.
13.05 / 14:27
Maxim
economy
Remark
country
cover
reports
gatherings
acquires
Warburg Pincus acquires Shriram Housing Finance for Rs 4630 crore
private equity firm Warburg Pincus has fully acquired Shriram Housing Finance Ltd (SHFL) from its promoter Shriram Finance and minority shareholder Valiant Capital Management for Rs 4630 crore, in the largest M&A deal in the housing finance sector.
13.05 / 14:27
security
WhatsApp
Highways
Myanmar
Refugees
Manipur MLA writes to CM Biren Singh for seeking deportation of Myanmar refugees
Leishiyo Keishing, an MLA in Manipur, has written a letter to Chief Minister N Biren Singh requesting measures to deport the refugees from Myanmar back to their respective places.
13.05 / 14:27
Cooper
Action
security
WhatsApp
country
mountaineering
Meghalaya: India-France Joint Military Exercise SHAKTI begins at Umroi
Joint Military Exercise SHAKTI commenced at Umroi, in a fully developed and modern Foreign Training Node in Meghalaya.
13.05 / 12:49
COST
UPS
Digital
Booking
trends
performer
reports
Banks had a blockbuster quarter. But don’t let that fool you
₹20,698 crore in Q4, which is not only its highest-ever figure but also the biggest quarterly profit by any Indian bank. SBI also pipped India’s most valuable company Reliance Industries, which had logged a net profit of ₹18,951 crore in the quarter. Another state-run lender which delighted investors was Punjab National Bank, whose net profit soared almost three-fold to ₹3,010 crore, propelled by a jump in interest income and declining sour loans.
13.05 / 12:49
Provident
community
Bill
President
country
reports
Department
'True gesture of goodwill': Maldives thanks India for extending vital budget support
Also Read: Maldivian defence minister admits 'no pilots fully operational' as Indian defence personnel depart, says report "I thank EAM @DrSJaishankar and the Government of #India for extending vital budgetary support to Maldives with the rollover of USD 50 million Treasury Bill," said Moosa in a post on X. "This is a true gesture of goodwill which signifies the longstanding friendship between Maldives and India," he added.
13.05 / 12:49
FIVE
Aware
performer
information
Karnataka news: Family, trying to find groom for dead daughter, receives dozens of calls of interest
unusual advertisement in a local newspaper. In the ad, the family is seeking a suitable ‘spirit’ groom for their daughter, who died thirty years ago. The family seeks a groom to carry out a tradition known as ‘Kule Madime’ or ‘Pretha Maduve’.
13.05 / 12:29
Align
Death
wellness
travelers
Zerodha's Nikhil Kamath reveals why he doesn't want kids, shares views on parenthood
Zomato, its first full-year profit in pocket, turns focus on Blinkit When the conversation turned to legacy, the 37-year-old entrepreneur disclosed that he doesn't adhere to the conventional notion of leaving one behind. "I think we all feel that we are more important than we are... you are born and you die like every other animal on the planet and then you are gone and nobody remembers anybody," he added.
13.05 / 12:29
markets
Strategy
Sustainability
Election
trends
Trade
performer
Stock market crash: Why are FIIs selling Indian equities aggressively? Are Lok Sabha elections to be blamed?
Stock market crash: In May, FPI selling in the cash market has been relentless. FPIs have been sellers on every trading day and have sold equity for ₹24,975 crores. This has contributed to the underperformance of the Indian market.
13.05 / 12:29
markets
IPO
Provident
Booking
security
Experts
band
Premier Roadlines IPO: Check latest GMP, subscription status on day 2, other details
₹63 and ₹67 per equity share with a face value of ₹10 each. The lot size for the Premier Roadlines IPO is 2,000 shares. A minimum of 2,000 equity shares must be applied for, with further shares applied for in multiples of 2,000.
13.05 / 12:29
markets
Platform
Strategy
Universities
song
rights
Universal Music Group sees India a priority market for expansion
Mint on the company’s vision for India in the next few years and its willingness to invest for faster growth. Edited excerpts… India currently ranks 14th globally in the music market. However, given its population and growth potential, we anticipate significant upward movement in the coming years.
13.05 / 12:29
Provident
Platform
Entertainment
show
social
information
reports
Centre to launch OTT platform with 'decent' shows to combat 'vulgar, abusive' content: Report Long
OTT platform with programmes the entire family can sit together and watch. “Currently, some of the content on OTT platforms are bordering on vulgar, abusive language. It becomes embarrassing to watch it with your family.
13.05 / 11:59
Citi
Twitter
WhatsApp
social
reports
isolate
Department
place
'Mumbai best place for Dune 3': Mumbaikars flood social media with memes after dust storm, rains
Mumbai today saw a dust storm followed by rain showers. According to the Indian Meteorological Department (IMD), the city may experience rains for several hours today.
13.05 / 11:59
Provident
Digital
Healthcare
Diversity
country
reports
Profiles
'Rising number of skilled Indian nurses seek overseas opportunities despite domestic demand'
Demand for skilled nurses is projected to grow by 17-18 per cent by 2027 in the country but a large number of trained ones are seeking opportunities abroad, drawn by enhanced remuneration packages and facilitative family visa programmes, digital talent solutions provider NLB Services said in a report. The report said that in India, the demand for skilled nursing talent is on a steadfast trajectory, projected to increase by 17-18 per cent by 2027, and the demand for nursing roles spans across regions including Kerala, Tamil Nadu and Andhra Pradesh. Do you meet the immigration criteria? Check here The nursing profile currently commands annual earnings ranging between Rs 2,50,000 (entry-level) to Rs 7,00,000 (mid-senior level), and employers seek candidates with diverse skill sets including compassionate and competent care.
13.05 / 11:59
13.05 / 11:59
markets
UPS
Micron
Lexus
Updates
orienteering
Stock market update: Mining stocks up as market rises
Pokarna Ltd.(up 6.90%), MOIL Ltd.(up 5.70%), Lexus Granito(India)Ltd.(up 4.57%), Ashapura Minechem Ltd.(up 4.07%), Oriental Trimex Ltd.(up 1.87%), KIOCL Ltd.(up 0.26%), 20 Microns Ltd.(up 0.25%), NMDC Ltd.(up 0.14%) and Aro Granite Industries Ltd.(up 0.10%) stood among the top gainers.
13.05 / 11:59
Progressive
Parke
WhatsApp
country
India looking for additional sites for Russian nuclear reactors: S Jaishankar
India is looking for additional sites for Russian nuclear reactors, while the discussion with the French on the proposed Jaitapur nuclear power plant project is underway, External Affairs Minister S Jaishankar said on Monday. Responding to a question on nuclear collaboration with foreign countries not taking off as expected, Jaishankar said the manner in which the Civil Liability for Nuclear Damage Act 2010, was framed required a lot of interaction with foreign suppliers to see how their concerns could be addressed.
13.05 / 11:59
Google
Software
Gemini
innovations
Updates
diving
mountaineering
Google I/O 2024: What to expect? Check where and when to watch the livestream
Google I/O 2024 is just around the corner, scheduled to start this year on Tuesday in Mountain View, California. This year's event promises a deep dive into Google's latest innovations, with a focus on software updates, AI advancements, and more. Here's a rundown of the key details you should know.
13.05 / 11:59
Aware
Google
Action
Election
wellness
2020
Congress holding PM Modi responsible for Nehru's mistakes: Jaishankar on China issue
External Affairs Minister S Jaishankar on Monday said the Congress holds Prime Minister Narendra Modi accountable for the mistakes made by first prime minister Jawaharlal Nehru when making comments on China while believing the party has no culpability for the past acts.
13.05 / 11:59
markets
UPS
WhatsApp
Trade
Updates
Stock market update: Nifty IT index advances 0.42%
Shares of Coforge Ltd.(up 1.56 per cent), Tata Consultancy Services Ltd.(up 1.39 per cent), L&T Technology Services Ltd.(up 1.26 per cent), MphasiS Ltd.(up 1.06 per cent) and Persistent Systems Ltd.(up 0.88 per cent) ended the day as top gainers in the pack.
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