India Financial News
02.05 / 15:47
Action
Election
community
reports
Scandals
NOT
Prajwal Revanna scandal: Not just Lok Sabha elections, the impact could go beyond
Karnataka government on Thursday issued a lookout notice for the suspended JD(S) leader. Prajwal’s counsel has requested seven days’ time for the MP to appear before SIT since he is out of Bengaluru. While the Congress has mounted a big attack on the BJP which is in poll alliance with the JD(S), Amit Shah, the Union home minister, countered the allegations, stressing the BJP's position against crimes committed against women. Shah questioned the Congress-led government's failure to take action in Karnataka before the allegations came to light. The Revanna effect on Lok Sabha polls Elections in the South Karnataka which is dominated by the Vokkaliga community the Gowda family belongs to are already over in the previous phase. Now constituencies in the Central and North Karnataka will go to polls on May 7. The BJP has accused the Congress govenrment of holding back on the Revanna scandal till polls on the Vokkaliga-dominated seats were over, fearing the community's anger against the Congress govenrment and its impact on the polls.
02.05 / 15:47
Aware
wellness
Cycling
Courts
Vaccines
Bharat Biotech says its Covaxin demonstrated ‘excellent safety records’
AstraZeneca admitted in a UK court that its Covid vaccine can cause a rare but serious side effect, Bharat Biotech said its Covaxin has demonstrated excellent safety records without vaccine-associated incidents such as blood clots, thrombocytopenia, TTS, VITT, pericarditis and myocarditis. Covaxin was the second most used Covid vaccine in India, after AstraZeneca’s vaccine that was produced locally by Serum Institute of India under the Covishield brand. Covaxin was developed with a single-minded focus on «safety first», followed by efficacy, Bharat Biotech said, while admitting that the efficacy of Covid-19 vaccines may be «short-lived».
02.05 / 15:47
UPS
Dreams
Netflix
show
country
Relationships
Heartland Season 17 release date: When and where to watch?
Bartlett Fleming family in their homes at Alberta which is a Canadian province. Here are all the details pertaining to the show, its releases and more:
02.05 / 14:07
Digital
Action
Compilation
Opinion
information
medicines
Profiles
Best Sleeping Pill Alternatives in India - Restful Sleep
Solution: Treating insomnia with cognitive behavioural therapies, and using medicine under a doctor's supervision. Solution: Weight loss, oral appliances, continuous positive airway pressure (CPAP) therapy, and surgery. Solution: Treatment of underlying diseases, medication, and alterations in lifestyle.
02.05 / 14:07
UPS
Entertainment
Apple
DELL
Amazon Summer Sale 2024 is the best time to get up to 57% off on top tablets from brands like Samsung, Apple, and more
Amazon Great Summer Sale 2024: Access amazing deals with up to 40% off on laptops from brands like Dell, HP, and more The Galaxy Tab A9+ is ideal for productivity and entertainment with its large 11.0-inch display, ample RAM and storage, and reliable Wi-Fi connectivity. Lenovo Tab M10 FHD Plus offers a brilliant 2K display and robust quad speakers, powered by Dolby Atmos and a strong Snapdragon processor, making it ideal for media consumption and light productivity. The HONOR Pad X9 delights with a large 11.5-inch 2K display and dynamic sound from 6 speakers, offering extended RAM capabilities and durable battery life, perfect for extensive media consumption.
02.05 / 14:07
COST
UPS
CEO
reports
Profiles
stake
Coforge Q4 results: Net profit rises 95% at ₹224 crore; to acquire 54% stake Cigniti Technologies
Coforge reported a marginally smaller-than-expected fourth-quarter revenue on Thursday amid overall tepid tech spending from clients. India's $254 billion IT sector has been struggling in recent quarters as clients cut spending on non-essential projects. Macro headwinds and high-inflation environment have made clients look at contracts that cut down their existing costs.
02.05 / 14:07
UPS
economy
country
97.76% of ₹2,000 bank notes already returned, says RBI
₹2000 banknotes in circulation as of May 19, 2023, have already been returned, said the Reserve Bank of India (RBI) in an announcement made on Thursday. The central bank added that ₹2000 banknotes will continue to be legal tender. Besides, the total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19 last year, when the withdrawal of ₹2000 banknotes was announced, has now fallen to ₹7,961 crore on April 30, 2024, the announcement further states.
02.05 / 14:07
UPS
CEO
Strategy
Software
awards
Trade
reports
Investors may find Dennis Woodside a better chief for Freshworks
MUMBAI : When Freshworks Inc. first brought in Dennis Woodside as its president in September 2022, there were already murmurs on whether founder and chief executive Girish Mathrubootham would be stepping aside. A former CEO of Motorola Mobility and chief operating officer of Dropbox, Woodside, 55, was already a known name among Silicon Valley investors and the analyst community.
02.05 / 14:07
COST
country
reports
Coal India Q4 Results: Net profit rises 26% to ₹8,640.5 crore, revenue down 2%; dividend declared
Coal India Q4 Results: Coal India (CIL) announced its January-March quarter results for fiscal 2023-24 (FY24) on Thursday, May 2, reporting a rise of 26 per cent to ₹8,640.5 crore, compared to ₹6,869.5 crore in the corresponding period last year. The increase in profit was attributed to cost efficiency and benefits from changes in accounting for stripping activities for open-cast mining.
02.05 / 14:07
Extreme
Aware
Action
country
hospital
Department
Updates
NCDC conducting pan-India surveillance as extreme heat conditions grip country
NEW DELHI : With heatwaves sweeping the country, the National Centre for Disease Control (NCDC) is surveilling all states to try and gauge the impact on health, according to two officials aware of the matter. The health ministry has trained district officials to bring to notice any health complications arising from extreme heat conditions. "In the beginning of the year the officials were invited and trained about health and climate issues.
02.05 / 14:07
markets
Provident
Google
Action
security
Enterprise
information
Google adds Azure & AWS support, enhances Cloud security with AI integration
Google Cloud Security, in an interaction. “With AI, we’re able to achieve simple translation of native language to query language, which will provide actionable information and summarize the information," he added.
02.05 / 14:07
Analysis
Election
Southern
wellness
performer
Interviews
Lok Sabha Elections: Shashi Tharoor says BJP will draw a blank in 3 of 4 southern states, keeps Karnataka out
Shashi Tharoor claimed that BJP will draw a blank in Tamil Nadu, Kerala, and Andhra Pradesh while performing worse than in 2019 in Karnataka. Shashi Tharoor, in his Lok Sabha Elections Result 2024 prediction, also noted that "it looks increasingly likely that the BJP-led NDA government will lose its majority." "They only had a 32-seat margin in 2019, an election where they maxed out in all their strong states.
02.05 / 14:03
Blockchain
Career
Asia
Yuga Labs
Ex-Starknet and Yuga Labs Execs Join Kraken-backed $100M L1 Nibiru Chain
Nibiru Chain, a $100 million HashKey and Kraken Ventures-backed Layer 1 blockchain, has announced two senior hires from Yuga Labs and Starknet Asia as part of its Asia expansion.
02.05 / 13:15
WhatsApp
reports
recommendations
Coal India Q4 Results: Net profit surges 26% YoY to Rs 8,682 crore, beats estimates
Revenue from operations during the January-March 2024 period declined 2% year-on-year to Rs 37,410 crore. The same stood at Rs 38,152 crore in the corresponding period of last year.
02.05 / 13:03
markets
Target
CEO
Strategy
wellness
country
Destinations
Minor Hotels targeting 50 new openings in India in within the next decade
Minor Hotels, a global hotel owner and operator with more than 540 properties in 56 countries said on Thursday that it plans to expand its presence in the Indian hospitality market and is targeting 50 new openings within the next decade. The group said it will focus its strategy on the upper-upscale and luxury hotel segments, where it expects strong interest from owners for its Anantara, Avani, and NH Collection brands. Minor said for Anantara Hotels & Resorts, the group is building on 'core brand differentiators' by targeting opportunities in Ayurvedic wellness retreats, wilderness lodges, and historical palaces. It also believes Avani Hotels & Resorts is well positioned to fill a significant gap in the lifestyle hotel space across India, while NH Collection Hotels & Resorts will prove attractive for upper- upscale conversion opportunities.
02.05 / 13:03
CEO
Sustainability
WhatsApp
innovations
reports
Tata Projects Q4 Results: Firm posts PAT of Rs 120.5 crore
Tata Projects on Thursday reported a profit after tax of Rs 120.57 crore for the quarter ended March 31 on the back of higher revenues. The company had posted a loss of Rs 366.42 crore in the year-ago period, Tata Projects said in a statement. These figures are after exceptional and/or extraordinary items.
02.05 / 13:03
WhatsApp
reports
Coal India declares final dividend of Rs 5 per share
Coal India has announced payment of a dividend of Rs 5 per share for the financial year ended 2023-24. The state miner on Thursday announced its March quarter earnings where it reported a 26% YoY growth in its consolidated net profit to Rs 8,682 crore.
02.05 / 13:03
WhatsApp
Ujjivan Small Finance Bank appoints Carol Furtado as executive director
Ujjivan Small Finance Bank has appointed Carol Furtado as executive director for three years with effect from May 1. The Reserve Bank of India has approved the appointment. Ms Furtado has been with the bank since its inception and assumed various key positions including chief human resource officer, head of operations and service quality and chief business officer. She was a key member of the leadership team that laid the foundation of Ujjivan.
02.05 / 12:57
COST
CEO
security
stage
reports
recommendations
International
Federal Bank in advanced stage of sending names of CEO candidates to RBI
Federal Bank is in an advanced stage of sending the names of potential candidates for the post of managing director and chief executive officer, according to CEO Shyam Srinivasan, whose term ends on 22 September. “There is a bank board established search panel and they have a slew of candidates to choose from," said Srinivasan at a post-results press conference. "It could be internal or external.
02.05 / 12:57
COST
Provident
Booking
wellness
blues
Features
Updates
2024 BMW M4 Competition M xDrive launched in India at ₹1.53 Cr, can accelerate from 0-100 kmph in 3.5 seconds
₹1.53 crore, this high-performance coupe is now available for booking through BMW's dealership network as well as online. The latest model features cosmetic enhancements, updates to the cabin, and mechanical tweaks to elevate the driving experience. The 2024 M4 Competition M xDrive features updated bumpers and adaptive headlights and taillights that take cues from BMW's M4 CSL.
02.05 / 12:57
markets
UPS
Aware
Manufacturing
stage
information
India plans subsidies, tax sops to boost synthetic yarn manufacturing
textile exports, and a loss of market share for the domestic industry. To address these issues, the government is considering measures to boost domestic production capabilities of synthetic yarns by offering subsidies and tax incentives to set up advanced manufacturing units, and strengthen the sector's overall competitiveness, according to two people aware of the matter. “The government is working on a plan to revamp small, informal weaving and processing units by upgrading their technology," one of the persons cited above said.
breaking news about India
What is the current situation in India?
In India, the spotlight is on major events that spark public discussion.
Where can I find reliable news about India?
We publish reliable reports about the situation in India, based on information from regional journalists.
What shapes the media agenda in India?
The news landscape of India is shaped by the region’s internal dynamics, reflecting its specific characteristics.