India Financial News

Purple Cap IPL 2024: Mumbai Indians star pacer Jasprit Bumrah provided his team with a wonderful start against Punjab Kings as he cooperated well with pacer Gerald Coetzee and the duo clinched 4 wickets on a low score of 14 runs. With two wonderful wickets each, Jasprit Bumrah and Gerald Coetzee witnessed promotions in their rankings to the race of Purple Cap. Punjab Kings pacer Arshdeep Singh is in the 10th position in the race for the Purple Cap with 9 wickets in 7 matches, where he conceded 240 runs.

Tata Consultancy Services are discovering the hard way, after receiving lower pay hikes than their colleagues who dutifully turn up at their desks. TCS assessed office attendance, among other metrics, before rolling out annual wage hikes to over 600,000 employees earlier this week, five employees at India's largest private sector employer said. This also makes TCS potentially the first to use office check-in as one of the metrics to determine pay hikes.

Orange Cap IPL 2024: Mumbai Indians fiery opener Rohit Sharma continues to dominate against the bowlers as he slammed 36 runs against Punjab Kings and is now the third-highest run scorer in IPL 2024 with a total of 297 runs in 7 matches. The wonderful innings against PBKS came after Rohit Sharma hit his second IPL century against Chennai Super Kings (CSK) and brought MI almost to the door of victory.

® India among top 50 - India's Best Workplaces™ in BFSI 2024. This is accompanied by IIFL Finance’s certification from Great Place To Work® India for the 6th time in a row. Great Place To Work Certification™ is the gold standard in terms of employer branding. As a global authority on workplace culture, Great Place To Work has been studying employee experience and people practices across organizations for over three decades.

Chief Minister Mamata Banerjee-led Trinamool Congress (TMC) looks to set pace in the three North Bengal constituencies, BJP looks to retain their base and extend their tally of 18 seats out of the state's 42 constituencies. Notably, TMC had managed to wriggle the three constituencies out of BJP clutch for the 2021 West Bengal Assembly Elections, therefore making tomorrow's voting a litmus test for the two parties who have meticulously made their presence felt through innumerable pre-poll rallies. The issues of North Bengal identity politics and of the tea belt are expected to dominate the political discourse.

here to register. The virtual fundraising event aims to provide a platform for NGOs working to address pressing social issues and make a meaningful impact in our communities. During the Fast Pitch event, a panel of judges consisting of social impact experts will assess these NGOs according to their potential for impact, scalability, sustainability, and overall feasibility.

Rohit Sharma, who slammed his second IPL century this season and is placed among the top three run scorers in this season so far. Rohit Sharma's 6,500-run IPL record came in his 250th match in the cash-rich league. Rohit Sharma played a wonderful 36-run innings against Punjab Kings and provided his team with another solid start.

₹7,975 crore in the March quarter, while total revenues came in at ₹37,923 crore. The company said its revenues in constant currency (CC) terms remained flat year-on-year (YoY) and declined by 2.2% sequentially. The company also saw its American Depository Receipt shares plummet on the New York Stock Exchange on Thursday evening.

Nestle India after Swiss investigative organisation Public Eye and the International Baby Food Action Network said in a report that the packaged foods maker adds 2.2 gm sugar per serving to its baby foods brand Cerelac in India. Existing World Health Organisation guidelines ban added sugars in baby food products. “The Fssai has taken cognisance of the matter and has sought an explanation from Nestle India,” said a senior official from the national foods sector regulator. The authority held a meeting of its officials on Thursday to evaluate the matter.

Indian Institute of Science (IISc) on Thursday announced the launch of the Longevity India Initiative, a project focused on efforts to extend human 'healthspan' and tackle ageing-related challenges. The initiative has also started a large-scale clinical study that will involve researchers from multiple IISc departments, clinicians, industry, philanthropists and civil society, according to a statement from IISc. This initiative seeks to enhance the understanding of ageing through both fundamental and applied research, and to develop solutions that can improve quality of life. The initiative has received initial grant funding support from Prashanth Prakash, founding partner at Accel India, the statement added.

UK government has said as Indian negotiators are in London this week to continue discussions with their British counterparts. During a debate in the House of Lords this week, UK Foreign Secretary David Cameron was addressing questions from British peers on the current state of freedom of religion or belief in India. The recent restructuring of the BBC to create a new Indian-owned entity in order to comply with the country's foreign direct investment (FDI) rules was flagged by Liberal Democrat peer Lord Jeremy Purvis, who questioned the level of market access being offered to India in the field of media, data and telecoms as part of the FTA negotiations. «My understanding of where we are with the trade deal is that good market access has been offered on both sides, but not quite enough yet to secure a deal. It is important with such trade deals, as you only really get one proper shot at it, to make sure that it is a good enough deal that will be welcomed by industry leaders here in the UK as offering real market access,» said Lord Cameron.

Bajaj Auto is aiming to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September, a company executive said on Thursday. «I would pin that in the first half (of fiscal 2025),» Dinesh Thapar, Bajaj Auto's financial chief, said in a post-earnings call when asked about the goal's trajectory. «Consider between now and September,» he said.

technology sector particularly flourished, experiencing a 25% increase in deal values compared to the previous quarter, driven by five high-value deals (≥$50 million), constituting 59% of total deal activity, Grant Thornton Bharat's Q1 Technology Dealtracker said on Thursday. The report stated that despite a funding slowdown and economic uncertainty, India’s tech startup ecosystem secured the fourth-highest funding globally. Further, it said that Krutium AI emerged as one of the two unicorns in the quarter. Both M&A and PE activity witnessed increased deal activity over last two quarters.

western Uttar Pradesh’s eight districts – the BJP-led National Democratic Alliance (NDA), the opposition INDIA bloc and the BSP. All three face challenges in this region owing to the sizable presence of Muslims, Scheduled Castes (SCs) and other backward classes (OBCs) across the eight Lok Sabha seats – Saharanpur, Kairana, Muzaffarnagar, Bijnor, Nagina (SC), Moradabad, Rampur and Pilibhit – which will go to the polls in the first phase on April 19. In the 2019 general election, the then SP-BSP-RLD alliance put up a good show and the rival BJP camp could win only three seats – Muzaffarnagar, Kairana and Pilibhit. Five years later, the political situation has changed considerably with the BSP’s decision to go solo. The RLD, a significant player in this region, is now part of the NDA.

₹50,000-60,000, as against an average fare of ₹15,000-20,000 earlier. Similarly, fares for direct flights on Delhi-Dubai route have also surged to ₹50,000-60,000, against an average ₹20,000-25,000 earlier. The Dubai airport has a capacity to handle 90 million passengers per annum and provides connectivity to around 260 destinations worldwide with more than 100 airlines.

EVM with the VVPAT. Catch LIVE updates of Lok Sabha Elections Here The petitioner had mentioned that there is no procedure marked by the Election Commission of India (ECI) for the voter to verify that that their vote has been counted as recorded causing a dent in voter verifiability.

Vodafone Idea FPO is off to a cautiousstart. On the first day itself, qualified institutional buyers (QIBs) subscribe to the issue in quite good portion.

Dubai floods 2024: Amid relentless rains wreaking havoc in Dubai and disrupting normal life, the Consulate of India has issued helpline numbers and guidelines for Indians affected by the extreme weather conditions. Dubai has experienced a "historic weather event," with the UAE city receiving 142 millimeters (5.59 inches) of rainfall by Tuesday. “Helpline numbers for Indian citizens affected by the extreme weather conditions in Dubai and Northern Emirates and needing help: +971501205172, +971569950590, +971507347676, +971585754213," the Indian consulate said in a post on X.

KOLKATA : Acting on the advice of the Election Commission of India (ECI), West Bengal Governor CV Ananda Bose on Thursday called off his proposed tour to Cooch Behar, during which he intended to "oversee" the polling process. He, however, alleged that an attempt was being made to "politicise the Governor's office", while asserting he would not allow anyone to use him as a "pawn on the political chess board". "My priority is to be with the people of Bengal.

ALSO READ: Shark Tank season 3: 24-year old pitcher gets schooled by sharks; Anupam Mittal says 'dramebaazi ka bohot shauq hai’ "Our traffic grew by approx 80x and lead flow increased by over 40x. We got amazing visibility and branding and we were on the moon literally. We saw an amazing boost on social media especially Instagram and social media traffic boomed," Singh said.

stock market took off, block and bulk deals shot up 55% to touch a record ₹5.25 trillion, data from Prime Database showed. Sectors that saw the biggest deals were financial services, consumer goods, telecom, aviation, pharmaceuticals, IT and power.