India Financial News
20.01 / 14:03
markets
Provident
Waters
Strategy
Healthcare
PAM
Employment for Delhi's youngsters will be my top priority in next 5 years: Arvind Kejriwal
AAP is voted to power in Delhi again, his top priority would be to provide employment opportunities to youngsters, party supremo Arvind Kejriwal said on Monday. Addressing a «janasabha» in the Vishwas Nagar Assembly constituency ahead of the February 5 Delhi Assembly polls, Kejriwal said, «The biggest work I am going to do is on employment. I will arrange employment for our youngsters. Providing employment to our youngsters will be my top priority.»
20.01 / 14:03
markets
Digital
Strategy
President
Experts
PAM
Relationships
LTIMindtree president and board member Sudhir Chaturvedi resigns
leadership exit, sixth largest IT services company LTIMindtree announced that Sudhir Chaturvedi has decided to resign from the position of wholetime director and president global markets for the company with effect from January 27. He was the front runner for the top job along with chief operating officer Nachiket Deshpande, as its current chief executive and managing director Debashis Chatterjee's term is ending in November this year.
20.01 / 14:03
Citi
IPO
Analysis
Trade
Experts
show
Updates
Sebi returns draft IPO papers of Anand Rathi Share and Stock Brokers
IPO documents of Anand Rathi Group's brokerage arm Anand Rathi Share and Stock Brokers, which proposed to raise Rs 745 crore through an initial share-sale, an update with the regulator showed on Monday. Anand Rathi had filed the papers for issuing fresh equity. The offer also included reservations for subscriptions by eligible employees, according to the draft red herring prospectus (DRHP). Also, the company planned to mobilise Rs 149 crore through a pre-IPO placement. If the placement is completed, the issue size will be reduced.
20.01 / 14:03
markets
Citi
Digital
Strategy
Infinity
Experts
PAM
Is Taylor Swift finally engaged to Travis Kelce? Her diamond infinity ring is sparking rumours as fans go wild
Travis Kelce engagement rumours are being sparked by Taylor Swift's diamond infinity ring. Before the Kansas City Chiefs vs. Houston Texans playoff game, she made her debut wearing the new ring.
20.01 / 14:03
markets
Digital
Strategy
Actor
Experts
PAM
social
Delhi LG directs Commissioner of Police to take measures against Bangladeshis illegally residing in national capital
Delhi LG Secretariate on Monday wrote to Delhi Commissioner of Police to take stringent precautionary measures regarding Bangladeshi nationals illegally residing in Delhi following the attack on actor Saif Ali Khan.
20.01 / 14:03
markets
UPS
Digital
Strategy
Experts
PAM
Budget should raise I-T exemption threshold to Rs 5.7 lakh, simplify TDS: GTRI
income tax exemption threshold to Rs 5.7 lakh to match inflation, simplify TDS system, and equalise tax treatment for bank deposits and equities, think tank GTRI suggested on Monday. The threshold for an individual's income tax liability has remained unchanged at Rs 2.5 lakh since 2014. Adjusted for an annual inflation rate of 5.7 per cent, Rs 2.5 lakh in 2014 is equivalent to just Rs 1.4 lakh today.
20.01 / 14:03
markets
UPS
Digital
Platform
Strategy
PAM
Melania Trump launches her own meme coin; within minutes, its market cap touches $12 billion. Here's the name and how the crypto market is reacting
Melania Trump has been undergoing a dream run as far as her own meme coin in the crypto world is concerned. The market cap of this newly launched meme coin has surged up to $12 billion within a matter of days. Meanwhile, her husband Donald Trump's own crypto coin is not doing as well, and many are connecting the President-elect's coin drop with his wife's coin's surge.
20.01 / 14:03
COST
Ripple
Ball
Matthews
Take-Two
Experts
reports
GTA 6 might hit a $100 price tag. Experts speculate Rockstar could rewrite the rules of gaming economics, but when?
Rockstar Games' highly anticipated Grand Theft Auto 6 might set a bold new benchmark in pricing—potentially becoming the first major title to debut at a $100 base price. With unprecedented hype surrounding its 2025 release, this move could redefine the economics of AAA games and ripple across the industry.
20.01 / 13:21
Progressive
trends
country
reports
Department
Can India transition to a single income tax rate?
The slab rate system of taxation has been a cornerstone of India’s tax framework since its inception.
20.01 / 13:19
markets
Digital
Strategy
Experts
PAM
social
stars
'Shut down YouTube': Why popular fitness influencer 'Flying Beast' was asked to do this on Shark Tank
Gaurav Taneja, the well-known YouTuber and fitness influencer behind Flying Beast, recently appeared on Shark Tank India to pitch his supplements brand, BeastLife. He valued the company at Rs 100 crore and sought Rs 1 crore for a 1% stake.
20.01 / 13:19
markets
Digital
Strategy
Experts
poverty
PAM
country
I spent lonely, hungry, cold, angry 21 hours in goods compartment...: Narayan Murthy shares an anecdote from his job in Paris
Infosys, on Monday shared his insights on 'Compassionate Capitalism' at the Kalichand Memorial Lecture in Mumbai. During his speech, the 78-year-old said, the question of stark poverty and inequity in India has been troubling him right from that day when he spent lonely, hungry, cold, angry, and introspective 21 hours in the goods compartment on a freight train from Nis in now Serbia to Istanbul, way back in 1974 on his hitchhiking trip, returning back to India after his job in Paris.
20.01 / 13:19
markets
Digital
Platform
Strategy
Experts
PAM
reports
Razorpay, Cashfree stop direct integrations with Juspay; Pine Labs to continue partnership
digital payments has split the merchant payment industry. The symbiotic relationship between payment aggregators Razorpay and Cashfree and payment orchestrating platforms like Juspay seem to have been disrupted as both get into each other’s domain with competing products.
20.01 / 13:19
markets
UPS
Food
PepsiCo
wellness
Experts
reports
Kuchh namkeen ho jaaye: Crunch time in FMCG sector
FMCG sector. Indian snacks accounted for 49% of total salty snacks sales in 2021-22 as well as 2022-23. In 2023-24 too, value sales of namkeen matched those of western munchies such as potato wafers and finger sticks during 2023-24 too, ET had reported last year in July. In terms of volume, traditional snacks account for nearly 56% of the overall market. Products such as bhujia, dal, chivra, chanachur and fried nuts accounted for half the salty snacks sales of about Rs 50,800 crore during the financial year 2023-24, with both overseas and domestic companies pushing namkeen in the hinterlands, industry executives, citing NielsenIQ data, had told ET last year.
20.01 / 13:19
markets
Target
Digital
Strategy
Align
Experts
PAM
EKI to cut 42 pc greenhouse gas emissions by 2030
EKI Energy Services (EKI) on Monday announced its commitment to reduce 42 per cent greenhouse gas emissions by 2030. The company has also joined hands with the UK-based Science Based Targets initiative (SBTi) to meet its targets.
20.01 / 13:19
20.01 / 13:19
markets
Platform
Election
TikTok
President
social
Immigration, TikTok ban, tariffs: Key things you should know about Donald Trump inauguration
Donald Trump will be sworn in today as the 47th president of the United States, a couple of months after one of the most polarized presidential elections in US history. His inauguration coincides with MLK Day, when US pauses to celebrate the life and legacy of Martin Luther King Jr.
20.01 / 13:19
markets
Ball
President
Celebrity
dance
peace
Donald Trump inauguration: What will happen at the inaugural balls, will the new President and Melania dance? Here's everything you need to know
inaugural ball is a celebration, fashion, and tradition. From James Madison's first in 1809, presidential inaugural balls have been an important part of American history. Simple dances have given way to dazzling parties at these glitzy galas over the years. The nation's peaceful transition of power and American history are celebrated in a grand way.
20.01 / 12:31
Analysis
Fitch
Trade
Experts
rights
International
Profiles
Fitch upgrades Vedanta Resources' ratings with stable outlook
Vedanta Resources Ltd's (VRL) long-term foreign-currency issuer default rating following a «significant reduction» in the company's refinancing risks. The rating agency upgraded VRL's senior unsecured rating to 'B+' from 'B-' and also changed the outlook to stable, according to a statement. Besides, it has upgraded «the ratings on the USD 300 million June 2028 bonds and USD 500 million December 2031 bonds, issued by VRL's subsidiary Vedanta Resources Finance II Plc (VRF2), and unconditionally and irrevocably guaranteed by VRL, to 'B+' from 'B-' with Recovery Rating of 'RR4',» the statement said.
20.01 / 12:31
markets
security
Analysis
Research
Trade
Experts
Gold trades flat at Rs 82,000 per 10gm; silver slides Rs 500 on weak demand
capital on Monday, according to the All India Sarafa Association. Traders waited for US President-elect Donald Trump's inaugural address later on Monday before placing any directional bets, marketmen said. On Friday, the precious metal surged Rs 700 to settle near a record high at Rs 82,000 per 10 grams. Gold of 99.5 per cent purity traded flat at Rs 81,600 per 10 grams on Monday. On October 31 last year, gold of 99.9 per cent purity and 99.5 per cent purity hit a record high of Rs 82,400 and Rs 82,000 per 10 grams, respectively, in the local markets.
20.01 / 12:31
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