India Financial News

In recent Institute of Chartered Accountants of India (ICAI) investigations into the affiliates of multinational professional services firms EY, Deloitte, PwC, and KPMG, the firms have managed to get court stays against disciplinary proceedings by ICAI's disciplinary committee after years of investigation, their domestic rivals said. In a case against EY affiliate firms SV Ghatalia and SR Batliboi, which began in 2013, the ICAI disciplinary committee issued an order on April 26 that barred and fined the two partners and directed them to sever all associations with the global entity, EY Global. The partners in question had retired a few years prior.

Bodoland People's Front (BPF). Both parties are claiming their pre-eminent role in fostering stability in this once-troubled region. BJP has left the Kokrajhar (ST) seat for its ally UPPL. UPPL has fielded Joyanta Basumatary, an MLA from Sidli assembly constituency and a former vice-president of the All-Bodo Students' Union. BPF has fielded Kampa Borgoyary. BPF was in power in Bodoland Territorial Council, a sixth schedule area since its formation in 2005, before being ousted by UPPL in 2020. BPF maintains equidistance from Congress and BJP but coordinates with BJP in state assembly.

shahzada will lose Wayanad and start looking for a second seat. His supporters were saying he would come to Amethi. But shahzada was so scared of Amethi that he fled to Rae Bareli.

Cricbuzz quoted Aldrice as saying the media in Dhaka. ALSO READ: India and Pakistan to clash again in October: Check Women's T20 World Cup 2024 schedule "Until something changes, that will remain the situation.

NEW DELHI : Year 2024 was expected to be a blockbuster for TV news channels, and it has lived up to its billing. The Ram temple consecration ceremony in January brought viewership gains, and advertising rates that were 3-4 times higher for a 10-second spot. The ongoing elections promise to bring a bigger bonanza, both in terms of viewership and advertising revenue, and TV channels have drawn up an elaborate strategy to cash in on the campaign frenzy that's beginning to build up.

After 3 years, Auto Expo holds promise for emerging technologies Bharat Mobility Global Expo, which was anchored by the Ministry of Commerce's Engineering Export Promotion Council of India (EEPC) and automotive industry bodies SIAM and ACMA among others in its first edition in February this year, will expand to three venues next year from 17 January to 22 January, in a bid to position the show as a bigger global mobility event in India. Roadshows to attract international buyers for the auto components show are set to begin soon, while the construction equipment expo is expected to see a footfall of builders, developers, and urban planners among others, the people cited above told Mint.

NEW DELHI : Indians are packing travel bags for summer, braving heat waves and steep fares as school vacations and annual holidays beckon. Air travel that hit a daily peak in April is expected to rise further as more travellers work out plans for May and June, cheering airlines and travel industry alike. While there is heightened demand for cooler destinations, places that are typically warm at this time are also seeing interest.

Top college campuses in the West have been in ferment over the past month as students agitate over Israel’s war in Palestine; however, far from these portals of protests, recruiters are taking note, and students should be worried. Simply put, global companies may think twice before recruiting students who join the ongoing unrest. Employers are concerned that such students may find it difficult to settle down or align with the broader company culture where individual viewpoints are often superseded by that of the group, and one must learn to keep opinions in check.

Lok Sabha elections 2024: In a sharp dig at the Election Commission of India (ECI), the Kerala unit of Congress shared a screenshot of an online order and said someone ordered a spine for the EC. The jibe is ahead of the third phase of Lok Sabha elections 2024, during which 95 seats spread across 12 states and Union Territories (UTs) will be voting. “Someone ordered a spine for @ECISVEEP.

India were on Sunday placed in Group A alongside defending champions Australia, New Zealand, Pakistan in the Women's T20 World Cup, which will be held in Bangladesh from October 3-20 this year. With all their group matches scheduled to be played at Sylhet, India will open their campaign against New Zealand on October 4 and face off against arch-rivals Pakistan on October 6 as the ICC announced the schedule for the ninth edition of the Women's T20 WC. India's next assignment will be against yet-to-be-identified Qualifier 1 team on October 9 while their clash against six-time world champions Australia will be on October 13. «Each side will play four group matches at the tournament, with the top two teams from each group progressing to the cut-throat semi-finals on 17 and 18 October ahead of the Final in Dhaka on 20 October,» the ICC posted on its website.

Indian Overseas Bank (IOB) on Sunday said it will sell 92 non-performing loans with an aggregate outstanding of Rs 13,471.68 crore through an e-auction on May 28. The public sector lender invited expressions of interest (EoI) from asset reconstruction Companies (ARCs) and other eligible transferees by May 13 to participate in the auction process. «Indian Overseas Bank has published sale notification pertains to the sale of 92 NPA loans, collectively amounting to an aggregate Book Outstanding of Rs 13,471.68 crores, offered on portfolio basis in 2 lots through e-auction under the open auction method,» IOB said in a statement. The first portfolio encompasses, 46 accounts financed under consortium arrangements, 3 accounts under Multiple Banking arrangements, with the remaining 2 accounts being sole banking ventures.

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday said even if the BJP opens the door for him, he will not go back to his former ally, accusing the saffron party of sinking his government in 2022 through «treachery». Addressing a rally at Alibaug in Maharashtra's Raigad district, Thackeray claimed if the BJP wins the Lok Sabha polls, crackers will be burst in India as well as in China as there will be a «timid» government in New Delhi. He slammed the BJP over Prime Minister Narendra Modi's remarks that Pakistan was eager to make Congress MP Rahul Gandhi India's next PM. Thackeray said the former ally resorts to fearmongering using Pakistan's name during polls. Referring to the Poonch terror attack, Thackeray said the PM and Union Home Minister Amit Shah won't go there, but visit Maharashtra to destroy him.

Zomato, Larsen & Toubro, Aditya Birla Capital and more, who have built AI assistants that are already operational—a trend that Chandok feels will only rise. "We’ve seen a 10x growth for Microsoft Copilot in India in the last six months," the executive said. The Redmond, Washington-headquartered Big Tech firm has multiple active partnerships with almost all of India’s top IT services firms—for instance, in October, the company ramped up an AI partnership with Tata Consultancy Services for adoption of its Azure OpenAI platform across various AI use cases.

Lok Sabha elections 2024: Prime Minister Narendra Modi on Sunday said Samajwadi Party (SP) founder, late Mulayam Singh Yadav, had predicted in 2019 that Modi would become the prime minister again. Addressing a Lok Sabha election rally at Uttar Pradesh's Etawah, the home turf of Samajwadi Party supremo, PM Modi said, “It was Mulayam Singh's blessing for me." The prime minister also attacked the Samajwadi Party and Congress, and termed them “liars" and “thieves". He said the slogans of both the SP and Congress are "lies" and their “intentions are also not good".

We will not have to use force to take PoK as people would say that we must be merged with India. Such demands are now coming," the defence minister said, asserting that "PoK was, is, and will remain ours". Jammu & Kashmir National Conference (JKNC) chief Farooq Abdullah reacted to Rajnath Singh's comments, saying, "If the defence minister is saying it then go ahead.

Here are top 5 news of the day: Belstar Microfinance Ltd submitted draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to raise ₹1,300 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based company comprises a ₹1,000 crore fresh issue of equity shares and an offer-for-sale (OFS) of ₹300 crore by existing investor shareholders.

ICSE ISC Class 10th, 12th Result 2024 Live Updates: The Council for the Indian School Certificate Examinations (CISCE) is all set to announce the 2024 results for ICSE ISC Class 10th and 12th students on May 6. The students are anxiously waiting for the results of the CISCE Board examinations, which concluded on March 28 for Class 10 and April 3 for Class 12.

Voltas, half of the customer engagements, including demo, installation and service requests, are now handled by bots. This is a massive shift from 2018-19, when 95% of customer calls were handled by human agents. At Japanese home appliances and consumer electronics major Panasonic India, bots handled 20% of the queries when they were introduced in 2020.

Ayodhya, Uttar Pradesh, where he offered prayers. Ayodhya will be voting in the fifth phase on May 20. Lok Sabha elections are being held in seven phases till June 1 and the counting of votes in all seats is scheduled for June 4. The polling in Uttar Pradesh, which sends the most members to the Lower House, at 80, is being held in all seven phases of the parliamentary elections. Voting in 16 seats was completed in the first two phases.

foreign policy today affects every citizen, External Affairs Minister S Jaishankar said that if India had not been clear on the Russia-Ukraine war, petrol price would have gone up. Highlighting the pressure and the problems India faced, Jaishankar said, «Look at one example. We had this pressure on Russia and Ukraine. We were clear. Suppose we had not been clear. Suppose we had said. Sorry. Sorry. You are saying it very strongly. We will not do what we did. Your petrol price would have gone up by Rs 20 because of that.» «We take a stand on foreign policy for average citizens,» he said during an interactive session in Odisha's Cuttack.

IIHL is yet to get a nod from insurance watchdog Irdai for its Rs 9,650-crore acquisition of Reliance Capital, its chairman Ashok Hinduja has said. Stating that IIHL has been in touch with the Insurance Regulatory and Development Authority of India (Irdai) since November on the deal, he said IIHL is «hopeful» of the nod coming as soon as possible and added that usually, such a go-ahead comes in 2-3 months. Speaking with reporters here over the weekend, Hinduja said IIHL will be able to pay the sum it has bid for within 48 hours of the Irdai nod and complete the deal. With a little over three weeks to go before the National Company Law Tribunal's May 27 deadline for executing the Rs 9,650 crore buy of RCAP comes to a close, Ashok Hinduja said the Mauritius-based IIHL has tied up Rs 7,500 crore from a clutch of banks for the acquisition.