India Financial News
28.04 / 00:59
markets
IPO
Sustainability
Enterprise
Research
Trade
Experts
Week Ahead: Q4 Results, US Fed Policy, Auto sales, global cues among key market triggers this week
rebounded after two weeks of profit-taking and gained over a per cent. The week kicked off on an upbeat note, buoyed by positive cues from the global markets. However, volatility ensued as the week progressed, with the markets grappling with uncertainties surrounding mixed earnings.
28.04 / 00:21
COST
Southern
recommendations
International
India-Russia joint venture to manage strategic Sri Lanka airport
Mattala Rajapaksa International Airport for 30 years. The airport is near Hambantota, where China operates a port on lease. The airport, built at a cost of $209 million, was once dubbed the «world's emptiest airport» because of a lack of flights. It is strategically located close to the Hambantota port on the southern coast of Sri Lanka.
27.04 / 19:23
Aware
Healthcare
trends
show
reports
testing
rights
India’s deep tech startups filed more than 900 patents since 2008: Nasscom report
deep tech startups have filed more than 900 patents since 2008 in areas such as artificial intelligence (AI), Internet of Things (IoT) and neurotechnology, according to a new study by technology industry body Nasscom. A survey of more than 360 Indian deep tech startups showed that 580 patents were filed in AI, 130 in IoT and 120 in neurotechnology, Nasscom said in its latest report on patenting trends.
27.04 / 18:49
markets
UPS
Manufacturing
trends
International
Pharmaceuticals
Foreign lands turn hunting ground for CXO search companies
Executive search firms say about 30-50% of their CXO searches in the last six to 18 months have been looking at potential global candidates, up from about 10-15% a few years ago. There is a preference for returning Indians fuelled by a push from companies and boards amid an increasing need for professionals with a keen knowledge and understanding of global markets. An acute demandsupply mismatch in the leadership talent market and the need to hire for specialist roles in high-tech manufacturing, automotive, electric vehicles (EVs), pharmaceuticals, chemicals, hardcore product engineering and services industries have underscored the trend, said experts. “About one in three leadership searches that we conduct today are global, not limited to India, reaching out to people in Singapore, US, Canada, London, and Middle East, showing the rising demand for the global talent pool of Indians,” said Puneet Pratap Singh, partner-in-charge at Heidrick & Struggles India.
27.04 / 18:49
UPS
Target
FIVE
Ball
fencing
Fraser-McGurk's explosive 84 helps Delhi down Mumbai in IPL
Australia's Jake Fraser-McGurk smashed 84 off 27 deliveries to fire Delhi Capitals to 257-4 and a 10-run win over Mumbai Indians in another IPL high-scorer on Saturday. Delhi, at their home Arun Jaitley Stadium, posted their best-ever total in the T20 tournament, a day after Punjab Kings chased down a record target of 262. Delhi's previous best was 231-4 in 2011 against Punjab Kings. This edition Sunrisers Hyderabad have twice smashed IPL records with totals of 277 and 287.
27.04 / 18:49
Action
ByteDance
TikTok
President
exclusive
Features
Courts
US courts may take note of India’s stance on TikTok: FCC chief Brendan Carr
India’s swift and preemptive action against TikTok could be a feature that plays out in American courts as the ByteDance-owned firm is likely to challenge the US move to ban its video-hosting service, Federal Communications Commission (FCC) commissioner Brendan Carr told ET in an exclusive interaction. Carr’s comments come close on the heels of a stringent directive issued to the popular app by US President Joe Biden on Wednesday. He signed a bill that requires TikTok’s Chinese parent ByteDance to divest ownership of the app or face the ban in the next nine to 12 months. ByteDance said it is not considering selling the app with TikTok CEO Shou Zi Chew asserting that the facts and the US Constitution were on the company’s side. TikTok’s official account on microblogging platform X has been stating that a potential ban on its app in the US would “trample the free speech” of 170 million Americans.
27.04 / 17:17
Twitter
Extreme
Boxing
film
Actor
Photos
stars
'Got a feeling that...': Netizens share mixed reactions as 1st photo of Ranbir Kapoor's Ramayana leak
Lord Ram in the movie alongside south Indian movie star Sai Pallavi in the role of Sita. Reacting to the leaked pictures of the movie, an X user said, “Got a feeling that this film is gonna make Adipurush look like Shawshank Redemption in comparison." Another user felt disheartened with the filmmaker Nitesh Tiwari's choice of Sita saying, “Sai pallavi is worst choice for the role of Ma Sita." However, one user jumped in to say that the casting is “divine". “They matched the level of perfection of AI posters.
27.04 / 17:17
markets
IPO
Provident
Digital
Booking
band
reports
Carlyle-backed Indegene IPO to open on May 6: Check key dates, price band, other details
Indegene IPO: The initial public offering (IPO) of private equity (PE) firms Carlyle and Nadathur Fareast-backed Indegene will open for subscription on May 6, 2024. The maiden public issue of the digital services provider for the life sciences industry will remain open for bidding till May 8, 2024, according to the red herring prospectus (RHP) filed by the the company. Indegene assists with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales or marketing support.
27.04 / 17:17
Landmark
performer
stars
cricket
LSG vs RR IPL 2024: KL Rahul sets massive record with 76-run knock, becomes fastest batter to…
LSG vs RR IPL 2024: As veteran cricketers discuss his role in India's T20 World Cup 2024 squad, Lucknow Super Giants (LSG) skipper KL Rahul seems to be in his zone and focuses entirely on his batting. After a brilliant knock against Chennai Super Kings (CSK), KL Rahul repeated the spectacle against Rajasthan Royals on Saturday with a 76-run innings, creating a new record in IPL history. After losing his opening partner Quinton de Kock early in the game, KL Rahul played the captain's innings to steer LSG's innings.
27.04 / 17:17
FIVE
performer
IPL 2024: Can Mumbai Indians still qualify for playoff after 6th loss? Here what stats say
ALSO READ: DC vs MI IPL 2024: Hardik Pandya furious outburst on the ground as Jake Fraser-McGurk, Porel wreak havoc | Watch However, with their current momentum, winning all five remaining matches may not be possible. So, they will have to depend on other teams' performances.
27.04 / 17:05
Election
Southern
President
country
social
reports
Modi, Amit Shah doing 'surgical strike' on SC, ST, OBCs: Revanth Reddy
Telangana Chief Minister A Revanth Reddy on Saturday claimed that the BJP is conspiring to change the Constitution and abolish reservations in the country and that Prime Minister Narendra Modi and Home Minister Amit Shah are doing a "surgical strike" on SC, ST and OBCs. The RSS, when it was founded in 1925, had decided to announce the nation as a «Hindu country» and to scrap the reservations in 100 years (by 2025), he claimed. «The reason for (BJP's slogan of) '400 paar' (above 400) is because they want to change the Constitution completely, abolish reservations and make India free of reservations,» he told reporters here. «Narendra Modi and Amit Shah are doing a 'surgical strike' on the natives of this country, the Dalits, STs and OBCs.They (BJP) have decided to make this elections as the ground for their surgical strike,» Reddy said.
27.04 / 16:37
Assurant
Food
Everest
Fishing
stage
reports
testing
MDH says its products are safe; rejects pesticide allegations
spice brand, on Saturday assured consumers that its products are 100 per cent safe and rejected the allegations of the presence of certain pesticides in some products by Hong Kong and Singapore food regulators. Earlier this month, Hong Kong's Center for Food Safety (CFS) said that samples of several kinds of pre-packaged spice-mix products of two Indian brands MDH and Everest were found to contain a pesticide ethylene oxide. The CFS asked consumers not to buy and traders not to sell MDH's Madras Curry Powder (spice blend for Madras curry), Everest Fish Curry Masala, MDH Sambhar Masala Mixed Masala Powder, and MDH Curry Powder Mixed Masala Powder. In a statement, MDH said it has not received any communications from Hong Kong and Singapore food safety regulators.
27.04 / 16:37
Dreams
Election
Justice
country
social
electronic
Courts
Congress should apologise to country for questioning integrity of EVMs: PM Modi
Narendra Modi on Saturday said the Congress should apologise to the country for doubting the integrity of the electronic voting machines (EVMs). Speaking at an election rally here, he also said Goa was a model of the BJP ''saturation approach'' to the implementation of the central government's schemes, which was true secularism and means of doing social justice. Congress lied about EVMs and tried to instigate people, but the Supreme Court has held in its recent ruling that there was nothing wrong with EVMs, the prime minister said, adding that Congress should apologise to the country for its stand. «Goa is a model of the BJP's saturation approach (to welfare scheme) which has benefited farmers, the poor, fisherfolk, women. Modi lives to fulfill your dreams and aspirations,» he said, The coastal state is the land of patriots and known for its magnificent temples and churches, Modi added.
27.04 / 16:37
Target
Platform
WhatsApp
Instagram
reports
Department
bowling
Telecom Department issues warning as scammers target MS Dhoni fans with fake messages
Chennai Super Kings (CSK) matches in the IPL continue to witness massive turnouts, with fans cheering loudly for the team and especially for former captain MS Dhoni. However, scammers are trying to take advantage of Dhoni's popularity by sending deceptive messages on Instagram. The Department of Telecom (DoT) has cautioned fans to stay alert and not fall prey to these fraudulent schemes. In a recent alert posted on their official platform, the DoT revealed that scamsters are impersonating MS Dhoni on Instagram and requesting money from unsuspecting individuals. «Hi, I am MS Dhoni, messaging you from my private account. I am currently in the outskirts of Ranchi and I have forgotten my wallet. Could you please transfer ₹600 via PhonePe so I can return home by bus? I will send the money back once I am home,» read a screenshot of the Instagram message shared by the DoT.
27.04 / 14:39
Target
FIVE
Election
country
social
rights
Congress-led INDIA bloc plans to have five PMs in five years if elected, says Modi
Prime Minister Narendra Modi on Saturday targeted the Congress-led INDI alliance, saying it is mulling to have five prime ministers in five years if voted to power. Addressing a rally at Kolhapur in western Maharashtra, Modi said the opposition bloc cannot even reach a three-digit figure or «at the doorstep of forming a government, but has plans to have one prime minister every year if they get a chance». «In Karnataka, Congress has planned to rotate the post of the chief minister by handing it to the deputy chief minister after 2.5 years. They had this arrangement in Chhattisgarh and Rajasthan as well,» he said. Modi said the Congress wants to extend the «Karnataka model wherein Muslims were inducted in the 27 per cent quota for OBCs», in the entire country.
27.04 / 14:39
Citi
Aware
Metro
WhatsApp
track
country
orienteering
Vande Metro trial runs to begin in July 2024
Vande Metro trains will begin in July 2024. According to officials aware of the move, these trains will eventually ply to and fro over 100-250 kms distances connecting 124 cities across the country. Identified routes include Lucknow-Kanpur, Agra-Mathura, and Tirupati-Chennai, among others. The trains will focus on carrying passengers between large urban centres and satellite cities, running on existing tracks of Indian Railways. «Vande Metro trains are oriented towards high acceleration with frequent stoppages. These trains will have 12 coaches each, large automatic doors with side seats,» an official working on the project told ET.
27.04 / 14:39
markets
UPS
Aware
Action
Food
Nestle
Courts
FMCG companies: Buyers aware, sellers beware
FMCG companies navigate the inflation challenge, innovate to stay ahead of the competition and adopt an omni-channel approach to reach more buyers, they have a looming risk which they need to address. Increasingly, FMCG products are coming under buyer and regulatory scrutiny. Recently, Nestle India's shares plummeted by up to 5.4%, reaching a day’s low of Rs 2,409.55 on the BSE. This significant drop followed the revelation that the multinational FMCG giant adds sugar to baby food products sold in India, a practice not followed in Europe and the UK. This is the second time in the last nine years that Nestle India has come under the spotlight for quality issues. In 2015, its instant noodles brand Maggi was under the scanner after excess lead and MSG were found in some samples collected from Uttar Pradesh. While stock meltdown and regulatory action are short-term risks, losing consumer trust is a long-term and bigger risk for an FMCG company. Laterly, a number of cases have come up where individuals and governments have brought FMCG products under the spotlight. What a spate of incidents tells
27.04 / 14:01
Dreams
performer
social
rights
Videos
International
cricket
DC vs MI IPL 2024: Hardik Pandya furious outburst on ground as Jake Fraser-McGurk, Porel wreak havoc | Watch
DC vs MI IPL 2024: Arun Jaitley Stadium, Delhi, witnessed a lot of fireworks on Saturday as Delhi Capitals batters punished Mumbai Indians left, right and centre. DC opener Jake Fraser-McGurk and Abhishek Porel gave their team a dream start, and the home team began with a 114-run opening partnership. Hardik Pandya, who suffered from poor form in IPL 2024, leaked 41 runs in just two overs and was losing his cool at different points in the match.
27.04 / 13:57
Provident
WhatsApp
Actor
show
information
reports
travelers
Firing outside Salman Khan's home: MCOCA slapped against all 6 accused
lookout circular (LOC) has been issued against Anmol Bishnoi, the younger brother of jailed gangster Lawrence Bishnoi, in connection with the firing outside actor Salman Khan's house in Mumbai's Bandra earlier this month, a police official has said. The police are also likely to take custody of Lawrence Bishnoi, who is currently lodged in a jail in Gujarat's Sabarmati, and was also contemplating invoking the stringent Maharashtra Control of Organised Crime Act (MCOCA) in the case, he said. Anmol Bishnoi had claimed responsibility for the firing and a probe too showed his involvement, following which the LOC was issued on Friday by the Mumbai police, the official added. «Anmol and Lawrence Bishnoi have been named as wanted accused in the case. Anmol Bishnoi stays in Canada and travels to the USA. However, the IP address of the Facebook post, through which he claimed responsibility of the firing, was traced to Portugal,» the official said.
27.04 / 13:43
Gap
cricket
fencing
IPL 2024: Now Sourav Ganguly appeals BCCI to save bowlers, says ‘They are being carted all over..’
Hindustan Times quoted Ganguly as saying. ALSO READ: Sunil Gavaskar says bowlers are suffering amid IPL 2024, asks BCCI to 'increase the size of the boundary' On 26 April, the batters of Kolkata Knight Riders and Punjab Kings smashed 42 sixes at the Eden Gardens in Kolkata. During the match, KKR batters hit eight sixes in the first innings, while PBKS recorded 24 maximums in the second.
27.04 / 13:23
Citi
Racing
Parke
Metro
War
Traffic
TCS World 10K in Bengaluru: Namma Metro to start services early, traffic restrictions and more | 5 points
ALSO READ: India vs Afghanistan T20 match: Bengaluru metro extends train service timings on January 17. Details here 1) The first metros will start plying from all four terminals from 3.25 am onwards. 2) All trains will ply every 10 minutes from 3.25 a.m.
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