India Financial News
14.03 / 12:55
COST
Porsche
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Sporting
Zomato founder Deepinder Goyal splurges Rs 4.5 cr on India’s 1st Aston Martin DB12 sport car
Zomato boss Deepinder Goyal is now the proud owner of India’s first Aston Martin DB12 sportscar. According to a News18 report, the billionaire became the owner of the new supercar. The car reportedly cost a whopping Rs 4.59 crore! Pictures of the car were shared by the social media handle of Automobili Ardent India on Instagram. “The very first Aston Martin DB12 in the country! Delivered via Aston Martin New Delhi, this stunner comes painted in Satin Aston Martin Racing Green. What a stunner this is under the sun," read the post. It has gained more than 3,000 likes. In the picture, the car appears to have a brilliant blue colour. Earlier, former ‘Shark Tank India’ judge and ex-BharatPe boss Ashneer Grover alluded to the Zomato chief’s fascination for four-wheelers saying that he would splurge on sportscars whenever his business ventures got funded. «I am passionate about cars and it's not just me, it's everyone. Jaise Zomato ka founder hain Deepinder, sabse zyada shauk usko tha. Jab bhi uska round raise hota tha uski nai sports car aa jati thi toh hum bade chidte the (Zomato founder Deepinder Goyal was obsessed with cars. He would buy a sports car every time he got a round of funding and we would get a bit annoyed because he would get to ride luxury cars),» he told in a podcast last year.
14.03 / 12:55
Compilation
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Vaccines
Goal to make India hub for scientific learning: PM Modi
India a premier hub for scientific learning by drawing in global best practices and sharing its knowledge and experiences with the world. «The coming years until 2047 is a period that is crucial to realise our vision of building a strong, self-reliant nation, where the scientific community in particular, especially our youth, will play a defining role,» the prime minister said in a message to a report encapsulating the scientific achievements of the past decade. The report — 'A Decade of Science: Technology Panorama for Aatmanirbhar Bharat' was compiled by the Office of the Principal Scientific Adviser to the Union Government and NGO Foundation for Advancing Science and Technology (FAST India) — and released by Science and Technology Minister Jitendra Singh on Thursday. The report highlights India's sustained efforts in science and technology, particularly in fields such as infrastructure, defence, energy sector and heavy industries.
14.03 / 12:55
markets
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Deloitte
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country
reports
Average increment in India expected to slip to 9% in 2024, says Deloitte survey
salary increment in India in 2024 is likely to be 9%, marginally lower than last year’s 9.2%, shows a recent survey by management consulting firm Deloitte. The Deloitte India Talent Outlook 2024 Survey also shows that one in every three organisations in the country is planning to give double-digit increments this year.
14.03 / 12:09
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A. M. Naik, Madhusudan Kela invest in med-tech firm S3V
₹300 crore’ in this round, sufficient to complete the project, Narayan said. The proceeds will help the company focus on sales, marketing, manufacturing and securing a US-FDA approval for its manufacturing plant. The pre-revenue target company started in 2013 and was first incubated in the Indian School of Business.
14.03 / 12:09
Action
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testing
Shreyas Iyer to miss IPL 2024? New injury report casts doubt on NCA's ‘fit to play’ assessment
Shreyas Iyer's back injury seems to be aggravated and the Kolkata Knight Riders (KKR) batter may miss the initial few games of the Indian Premier League (IPL) 2024. If true, the claim raises doubts about the NCA's fitness report, based on which BCCI took serious action against Shreyas Iyer. “It’s not looking good.
14.03 / 11:49
Action
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Videos
Ticketless passengers assault TTE on train, netizens cheer after they face 'instant karma' | Video
Also Read: Passengers travel in toilet of overcrowded Lucknow train, Indian Railways reacts to viral video | Watch However, the second part of the video is a message for everyone who prefers to travel without a ticket, and above that assault TTE. After a few seconds, the TTE can be seen filing a formal complaint against the two. Later, the TTE also explained that he was talking to the passengers and asking them to comply with the norm, which the passengers reciprocated with violent action.
14.03 / 11:49
markets
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International
Multi bagger railway stocks IRCON, RVNL, IRFC, RailTel share prices rebound up to 13%
IRCON International Ltd, Rail Vikas Nigam Ltd, Indian Railway Finance Corporation , RailTel Corporation of India share prices rebounded up to 13,.5% on Thursday after being battered in earlier sessions. The railway stocks as Titagarh Rail Systems , Jupiter Wagons ltd among other also saw sharp gains of up to 10% on Thursday.
14.03 / 11:49
Digital
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Govt mulls new population census after Lok Sabha elections, economic data improvements: Report
interim Budget 2024-25, the government allocated ₹1,277.80 crore for the census, a significant reduction from 2021-22 when ₹3,768 crore was allocated. It was then seen as an indication that the exercise may not be carried out even after three years of delay. However, Bloomberg cited sources as saying, “The government is also considering a new population census once elections are completed." According to the report published on Thursday, the census may include training and deploying over 3,00,000 government staff.
14.03 / 11:49
community
country
Podcasts
rights
Will CAA be repealed like farm laws? Amit Shah says 'can’t compromise with….'
India's sovereignty. We can't compromise with India's right to take its own decisions," Amit Shah said in a podcast with Smita Prakash. He was also addressing the international backlash on laws like CAA.
14.03 / 11:49
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Pharmaceuticals
Novartis set to launch chronic myeloid leukemia drug in India
NEW DELHI : Novartis India, the local arm of Swiss pharma giant Novartis AG, is in discussions to secure a distribution partner for the imminent launch of Asciminib, the first-in-class treatment for chronic myeloid leukemia (CML) targeting the ABL myristoyl pocket (STAMP), Amitabh Dube, the company's country president and managing director, said. “Innovative therapies introduced over the past two decades have revolutionized treatment for people with CML, a serious and life-threatening blood disorder. Novartis, known for developing targeted therapies for CML, is now launching Asciminib, the first CML treatment that works by specifically targeting the ABL Myristoyl pocket," Dube told Mint in an email interaction.
14.03 / 10:47
UPS
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reports
Krystal Integrated IPO open for subscription: 10 key risks investors should know before investing
₹680 to ₹715 for each equity share with a face value of ₹10. Bids can be placed for multiples of 20 shares, or at least 20 shares.
14.03 / 10:47
COST
Provident
Bill
performer
stars
Features
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Panasonic
Best Panasonic AC: Our top 8 picks for uninterrupted, efficient, and long-term cooling
1. Panasonic 1.5 Ton Split AC The Panasonic 1.5 Ton 3 Star Wi-Fi Inverter Smart Split AC (CS/CU-SU18ZKYWT, 2024 Model, White) is a truly versatile cooling partner. It is equipped with a 7-in-1 convertible feature and True AI mode, making it a modern addition to your living space.
14.03 / 10:47
UPS
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India’s demand for diesel, petrol to increase further this year: S&P Global
NEW DELHI : India’s demand for petroleum products, particularly diesel, will spike this year on increased industrial and construction activity, as well as because of the upcoming national election that’s held once in five years, as per S&P Global Commodity Insights. Demand for petroleum products in 2024 is likely to grow by about 206,000 barrels per day, with gasoil (diesel) and gasoline (petrol) accounting for about 65% of the growth, S&P Global said in a report. In February, India’s demand for petroleum products increased by 132,000 barrels per day (bpd), or 2.4%, year-on-year, and by 256,000 bpd from January.
14.03 / 10:47
markets
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Gopal Snacks share price jumps 12.5% from intraday low. Buy, sell or hold?
Stock market today: Gopal Snacks shares today listed on the Indian exchanges at a discount of nearly 12.50 percent. However, the newly listed stock went further down and touched an intraday low of ₹341.80 apiece on the NSE and ₹342 on the BSE. However, Gopal Snacks share price witnessed buying interest at the lower levels, which triggered a strong bounce-back in the newly listed stock.
14.03 / 10:47
UPS
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DISH
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Features
Best deals on dishwashers on Amazon: Check out top 7 models for your kitchen
1. Faber 12 Place Settings Free Standing Dishwasher (FFSD 6PR 12S Neo) The Faber FFSD 6PR 12S Neo stands out in the crowded market of dishwashers with its perfect blend of style, functionality, and eco-friendliness. Designed for medium-sized families, it accommodates up to 12 place settings, ensuring that your dishwashing needs are met efficiently.
14.03 / 10:47
Platform
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Videos
Crunchyroll sees uptick in active users as anime finds favour in India
Solo Leveling, Jujutsu Kaisen, Mashle: Magic and Muscles, One Piece, and The Daily Life of the Immortal King have found traction in India. Crunchyroll, LLC is an independent joint venture between Sony Pictures Entertainment in the US and Aniplex in Japan, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corp. Crunchyroll opened its second office in India in Hyderabad earlier this month.
14.03 / 10:47
markets
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Stock market today: Sensex, Nifty 50 end higher; midcaps, smallcaps surge; investors earn about ₹8 lakh crore in a day
BSE Midcap and Smallcap indices concluded with robust upticks of up to 3 per cent, underscoring a widespread positive sentiment across the market. The Indian stock market resumed its upward march despite mixed global cues. Experts believe that institutional investors strategically accumulated quality stocks following a recent correction, underscoring their confidence in the domestic market's resilience.
14.03 / 10:47
Google
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Remark
Gemini
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‘Should have been default winner’: Satya Nadella's ‘competent’ take on Google AI amid backlash over Gemini inaccuracies
Microsoft CEO's remarks came amid speculations that Google CEO Sundar Pichai might step down from his position due to the failure of Gemini image generator. The California-based tech giant was forced to pause the image-generating operations of the AI tool after many users reported that Gemini was generating inaccurate and harmful images.
14.03 / 10:37
markets
IPO
Manufacturing
Highways
Food
recommendations
Another muted D-Street debut as Gopal Snacks falls prey to negative sentiments. What investors should do
Gopal Snacks, the manufacturer of popular snack items, made another disappointing debut on the exchanges on Thursday. For context, three out of the last four D-Street debuts have been in the negative and even the positive debut of Bharat Highways was just 3% above the offer price.
14.03 / 10:37
FIVE
Election
President
country
reports
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Kovind panel studied simultaneous poll processes in 7 counties including S Africa, Germany, Sweden
high-level panel on 'one nation, one election' studied election processes in six countries including South Africa, Sweden and Belgium, before recommending simultaneous polls for Lok Sabha and state assemblies in India. The other countries where simultaneous elections are conducted are Germany, Japan, Indonesia, the Phillipines and Belgium. The panel led by former president Ram Nath Kovind submitted its report to President Droupadi Mumu on Thursday, recommending simultaneous elections for Lok Sabha and state assemblies as the first step followed by synchronised local body polls within 100 days. According to the report, a comparative analysis of other countries was drawn while dealing with the issue of simultaneous elections. The aim was to study and adopt the best international practices to ensure fairness and transparency in elections.
14.03 / 10:37
Citi
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In India's tech capital, Kannada now gets "prominence" on signboards of businesses
Bengaluru: As one goes around India's tech hub, what catches the eye most these days is how the language of the land, Kannada, gets "prominence" on the signboards of businesses. A far cry indeed from the not-too-distant past when English held sway, thanks to a government directive. With the deadline for complying with 60 per cent use of Kannada in signboards of businesses and establishments coming to an end, a vast majority of them in the city appear to have obeyed the mandate, with many even going for stopgap arrangements, aimed at ensuring compliance. A bill mandating 60 per cent use of Kannada in signboards of businesses and establishments was passed by the Karnataka Assembly in February, and the government had warned that non-compliance would lead to the cancellation of the licences of businesses. Now, temporary boards or banners instead of boards that are rules compliant, and also clothes or stickers covering the old boards, can be seen at several places in the city, in a bid to avoid fines and other penal action.
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