India Financial News

19.03 / 02:29
Election Refugees President travelers Courts cricket Top events of the day: PM Modi's Lok Sabha campaign in South India, SC hearing on CAA, Sanjay Singh's bail plea and more
Lok Sabha elections 2024 campaign. - Tata Steel Board will meet on Tuesday to consider fundraising through non-convertible debentures (NCDs) on a private placement basis, the company said in an official statement. - Indian cricket legend Virat Kohli is expected to attend the RCB Unbox event in Karnataka today.
19.03 / 02:29
UPS Citizens Experts Best FD rate? This bank is offering 9.25% on fixed deposits for senior citizens
North East Small Finance Bank. Fixed Deposits (FDs) present senior citizens with a dependable avenue for earning income. Tailored to serve as a stable revenue source, FDs function akin to a pension for the elderly.
19.03 / 02:29
markets Apple Tesla NVIDIA Trade reports recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US tech stocks rally to oil prices
Sensex gained 104.99 points, or 0.14%, to close at 72,748.42, while the Nifty 50 settled 32.35 points, or 0.15%, higher at 22,055.70. “We expect the markets to consolidate over the next few days while the broader market may continue to remain subdued," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 19 Here are key global market cues for Sensex today: Asian markets traded lower on Tuesday ahead of the monetary policy decision from the Bank of Japan which is expected to end its negative interest rate policy after 17 years.
19.03 / 00:33
Election Photos country reports 2024 ELECTION What makes India's Lok Sabha polls the world's largest 'electoral movement'? 2024 election in numbers
ALSO READ: Lok Sabha Election 2024 dates out : 10 key highlights of seven-phase voting In India, general elections will be held across 28 states and eight Union territories. Besides, India became the world's most populous country across the world last year. So far, 17 general elections, over 400 state assembly elections, 16 presidential elections and Vice presidential elections have been conducted in the country.
19.03 / 00:33
markets BLOCK Aviat security Enterprise wellness rights A former Delhi top cop is named Religare director. Burmans say rules broken.
MUMBAI : The billionaire Burman family has questioned the process of appointing former Delhi Police commissioner Rakesh Asthana as a director on the board of Religare Enterprises Ltd, calling it a breach of listing rules. The Burmans, locked in a battle for control of Religare where they own more than 25%, have written to the market regulator that the company erred in not getting Asthana's 2 November appointment as whole-time executive director cleared by shareholders within the mandatory three months.
18.03 / 22:27
stage country stars Updates International cricket Watch IPL 2024 live from Réunion: See complete details
Indian Premier League kicks off this 2024, cricket enthusiasts in Réunion will be able to get all the live updates of this star-studded tournament at their leisure and without a worry. Watch IPL for 1USD
18.03 / 20:29
Action WhatsApp stars reports Features Updates cricket Watch IPL 2024 live in Sudan: Catch live updates, streaming, scores, all you need to know
cricket viewers in Sudan will be able to watch the match updates, feeds, live scorecard, and ball-by-ball updates. Here's how. IPL 2024 begins with a bang as the MS Dhoni-led Chennai Super Kings start their IPL journey against the Royal Challengers Bangalore at the MA Chidambaram Stadium in Chennai.
18.03 / 20:29
Action stars Updates Commentary International cricket Watch IPL 2024 live from South Sudan: Here's how to live stream the tournament
Indian Premier League (IPL) is a star-studded cricket tournament hosted every year by the Board of Control for Cricket in India (BCCI) since 2008 and this year is no different as all the IPL action resumes this March with the 2024 edition. Watch IPL for 1 USD
18.03 / 19:49
markets Aware Limelight Xiaomi stage country Interviews Chinese handset companies in a fix over leadership hiring in India
Chinese handset brands operating in India are facing a tough balancing act amid continued geopolitical tensions between New Delhi and Beijing. While the Indian government is nudging these brands to add local executives in top decision-making leadership roles, many are apprehensive to come on board due to the limelight and scrutiny that comes along with the job in a Chinese company. Officials aware of the details told ET that the government is hopeful that Chinese brands will soon hire local talent for key leadership roles in their Indian operations, like what they did for distribution and marketing.
18.03 / 19:49
UPS wellness shooting International Akhil, Anish, Niraj shine as India win six medals at Polish Grand Prix
Paris Olympics quota winners Akhil Sheoran and Anish Bhanwala as well as Niraj Kumar shone the brightest as Indian rifle and pistol shooters ended their Polish Grand Prix campaign with six medals, including two gold on Monday. Some members of India's 50m rifle and 25m rapid-fire pistol squad are currently on an exposure tour to Europe to compete in various established international Shooting events, in the build-up to Paris 2024. Akhil Sheoran won gold for India in the men's 50m rifle 3 positions (3P) match two, when he shot a scorching 468.4 to leave Patrik Jany of the Czech Republic a distant 2.2 behind in second at the Grand Prix Wroclawia & Dolnego Slaska. Both those scores were however higher than the existing world record of 466.1, held by Jany's countryman Jiri Privratsky, as per a press release from the National Rifle Association of India (NRAI).
18.03 / 19:49
markets Citi Platform students country cover Schools Alta Capital looking to invest over $1 billion in India's educational infra
Investment and asset management firm Alta Capital is looking to invest more than $1 billion in top cities across India over the next 3-4 years as it sharpens its focus on the country's rapidly growing educational infrastructure, said a top company official. The firm has already invested over $1 billion across warehousing, managed workspaces, student housing and educational infrastructure businesses in less than a year of operations till December, which also marked its purchase of education infrastructure development services company Cappella Educore for $200 million. Alta Capital had earlier acquired Goldman Sachs' and Warburg Pincus' 100% stake in student housing platform Good Host Spaces for $320 million in the largest-ever student housing deal in the country. «We are planning to invest $1 billion in India's burgeoning education infrastructure sector in the next 3-4 years. The market for quality education is worth $16 billion in India and is growing at 10% annually given the importance attached to education and skill development. This speaks volumes about the market size and need for private capital to shape the future of education,» Siddhartha Gupta, founder and managing partner, Alta Capital, told ET.
18.03 / 19:41
Provident Platform security Strategy Trade consequences Updates How to manage a demat account efficiently? Here are 5 ways
demat account additions, with the latest data from the Central Depository Services Limited (CDSL) indicating a nearing milestone of 11 crore demat accounts. While this surge underscores the growing allure and ease of access to demat accounts, it also brings forth an accompanying increase in potential risks. Also Read: Demat Account: Can it be accessed from anywhere and how safe is it? MintGenie answers As the landscape of investors and service providers expands, the heightened risk of fraudulent activities and mismanagement becomes increasingly apparent.
18.03 / 17:53
Aware CEO awards Fitch reports Investigations stake Azure Power is navigating leadership churn; a stake sale may be next
Azure Power Global Limited, India’s first renewable energy company to have listed in the US, is exploring a possible stake sale to a strategic partner or even a complete sale of the business, two people aware of the development said. The company has called a special meeting of shareholders on 20 March at its Gurugram office, according to a 9 February statement. Azure Power, which listed on the New York Stock Exchange in 2016 and subsequently delisted in 2023, has backers in Canadian pension funds Caisse de dépôt et placement du Québec (CDPQ) and Ontario Municipal Employees’ Retirement System (OMERS), which hold 53.4% and 21.4% stake, respectively, in the company.
18.03 / 17:53
UPS WhatsApp reports donates Did you get PM Modi's 'Viksit Bharat Sampark' letter on WhatsApp? People in Pakistan, UAE received it too
Prime Minister Narendra Modi on WhatsApp seeking support and suggestions for building a ‘Viksit Bharat’. Interestingly, several non-Indians from Pakistan, UAE, and even Britain also claimed to receive PM Modi's letter on WhatsApp. These individuals from varying nationalities were surprised to receive a message from ‘Viksit Bharat Sampark’ on their smartphones.
18.03 / 17:53
markets Align Enterprise wellness Diversity inclusion rowing Tata AIA Recognized as a Kincentric Best Employer 2023
Mumbai, 16 March 2024: Tata AIA Life Insurance Company Limited (Tata AIA), one of India’s leading life insurers, is proud to announce its recognition as a Kincentric Best Employer 2023. Kincentric Is a globally renowned platformthat showcases organizations which are industry leaders in employee engagement and development. Tata AIA's recognition as the Kincentric Best Employer for the 8th consecutive year is a result of its effective people management in an increasingly complex business environment.
18.03 / 17:53
UPS DAL donates Electoral bonds data: Megha Engineering leads contributions for DMK, Janata Dal (Secular). Details here
₹966 crore to various political parties between April 2019 and February 2024. This includes a contribution of ₹50 crore to the Janata Dal (Secular) and a donation of ₹105 crore for the DMK.
18.03 / 17:53
Cooper Trade President country reports Relationships peace Ukrainian minister likely to visit India for first time since Russian invasion, peace summit top agenda
S Jaishankar. It is important to note that the India-Ukraine inter-governmental commission—established in April 1994—oversees all aspects of the bilateral relationship including trade, economic, scientific, technological, industrial and cultural cooperation. The Ukrainian foreign minister’s India visit has yet not been officially announced by either of the countries, though he is expected to be in New Delhi around March 28, the report said.
18.03 / 15:57
Death wellness students Universities Inside reports Investigations play Indian student Abhijeeth Paruchuru's death in US: 'Probe rules out foul play, parents in touch with detectives'
, 20, was allegedly murdered in Boston, United States. His body was found dumped in a car deep inside a forest, the Times of India reported. He was a resident of Burripalem, Guntur in Andhra Pradesh and was pursuing engineering at Boston University.
18.03 / 15:57
UPS Provident rights Are DTAA benefits applicable to MFs?
—Name withheld on request You can avail the benefits of the India-UAE double taxation avoidance agreement (DTAA) only if you qualify as a ‘resident’ of UAE. Only an individual who has stayed in UAE for more than 183 days in the respective calendar year can qualify as a ‘resident’ of UAE for DTAA purposes. Further, you also need to obtain a tax residency certificate from UAE tax authorities and file Form 10F online on the Indian tax portal.
18.03 / 15:57
UPS wellness donates Courts ₹1 crore electoral bonds make up 96% of donations to political parties — Here's a denomination-wise break down
₹1 crore. The list included the purchase of 2,228 bonds worth ₹1 lakh each and 220 bonds priced at ₹10,000.
18.03 / 15:57
UPS Fighting Remark Election Courts rowing Top 6 events of the day: SC's order on electoral bonds, EC action on top officials, ‘Shakti’ row and more
Supreme Court on Monday, March 18, directed the SBI to release all the details related to electoral bonds along with details like date of purchase, redemption and name of the purchaser and recipient, denomination, and serial bonds. “SBI should not be selective in disclosing the details. We want all information related to the electoral bonds to be disclosed which is in SBI possession," the court said in its judgment.

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