India Financial News

21.12 / 11:45
markets Software Remark Celebrity Pride Schools Bhima Jewellery Thiruvananthapuram enters Guinness World Records with ₹200 crore single-day revenue
Bhima achieved extraordinary sales of over 250 kilograms of gold and 400 carats of diamonds in a single day across three district-wide showrooms. Notably, its flagship showroom on MG Road, Thiruvananthapuram, contributed approximately 160 kilograms of gold and 320 carats of diamonds to this total. Remarkably, these record-breaking sales were achieved without any marketing activities as part of Bhima's centenary celebrations. Dr. B. Govindan, Chairman of Bhima Jewellery, highlighted the importance of adapting to changing times. “While we cherish our heritage, we are also preparing for an exciting future. We are planning significant expansions across India and other countries—aiming to take our legacy of purity to a global audience.”
21.12 / 11:45
UPS Citi Strategy country electronic information Government to set up data & AI labs; onboards 8 projects for safe AI: Jitin Prasada
data and AI labs in tier 2 and tier 3 cities across the country and has invited proposals from all 36 states as well as Union Territories for the same, Parliament was informed on Friday. Minister of state for electronics and IT Jitin Prasada in a written reply to Rajya Sabha said that besides proposals expected from states and UTs, IndiaAI in collaboration with National Institute of Electronics and Information Technology (NIELIT) also plans to establish 27 data labs in tier 2 and tier 3 cities across the country. «All the 36 states and Union Territories (UTs) have been requested to submit their nominated list of Industrial Training Institutes (ITIs)/Polytechnics located in tier 2 and tier 3 cities for the setting up of data labs. Additionally, IndiaAI in collaboration with NIELIT plans to establish 27 data labs in tier 2 and tier 3 cities across the country,» Prasada said. The data and AI labs are part of the skilling initiative of the government under IndiaAI mission.
21.12 / 11:45
markets Action Software social Department Schools Virat Kohli-owned One8 Commune pub in Bengaluru gets BBMP notice for allegedly violating fire safety norms
Bengaluru civic body has issued a notice to former India captain Virat Kohli’s One8 Commune pub on a complaint alleging fire safety violations. The pub, located on the sixth floor of Ratnams Complex on Kasturba Road near the Chinnaswamy stadium, has been alleged of operating without implementing mandated fire safety measures or obtaining a fire department clearance certificate. BBMP's notice comes after a notice filed by social activist Venkatesh, who claims that the lack of fire safety measures poses a risk.
21.12 / 11:31
film Actor love Celebrity performer song rights Stream your own Raj Kapoor film festival
Subscribe to enjoy similar stories. Last week, Raj Kapoor would have turned 100 years old. India’s original showman, Kapoor was a director, actor, producer, an empathetic and powerful storyteller.
21.12 / 11:31
Booking Apple Food love blues bowling Recipes to capture the perfect sweet-tart balance of blueberries
Subscribe to enjoy similar stories. I am yet to meet a kid who doesn’t love blueberries. I’ve documented my son’s love for them even as a toddler in a 2013 blog post where he illustrated a recipe for lemon blueberry muffins at the age of 5.
21.12 / 11:09
markets Election trends Trade President Experts 2025: A tale of two halves; ICICI Bank, Zomato among Motilal Oswal’s top 10 picks
Motilal Oswal Financial Services, which sees consolidation in the first six months while a recovery in the next. The brokerage remains upbeat on the prospects of these 10 stocks viz. ICICI Bank, HCL Technologies, Larsen & Toubro (L&T), Zomato, Nippon Life India Asset Management, Mankind Pharma, Lemon Tree, Polycab, Macrotech Developers, Syrma SGS — calling them as top bets of next year. “The year 2025 could unfold as a tale of two halves. The first half may continue to see market consolidation, while a recovery could take place in the second half. Indian markets are likely to face significant influences from a combination of global and domestic economic events. The anticipated rate cut by the RBI in February 2025, the ongoing trend of US rate cuts, and the expectations surrounding trade policy changes post Donald Trump taking over as US President in Jan’25 will contribute to market volatility.
21.12 / 10:45
markets Software stars Schools bowling Zimbabwe vs Afghanistan: Allah Ghazanfar, MI's Afghan teenage sensation, grabs five-wicket haul
The off-spinner did not disappoint his captain, who opted to bowl first after winning the toss. Hosts Zimbabwe were reduced to 120/9 in 28 0overs. Ghazanfar bowled a brilliant spell of 10-0-33-5. This is his second fifer in just 11 ODI matches. Afghanistan lead the three match ODI series 1-0 after the first match was washed out.
21.12 / 10:45
markets Provident Cooper Software Remark Research wellness ISRO & ESA agree to cooperate on astronaut training, mission implementation
The agreement provides a framework for cooperative activities in human space exploration and research, especially in areas such as astronaut training, support for experiment development and integration, using ESA facilities on the International Space Station (ISS), human and biomedical research experiment implementation as well as joint education and outreach activities, ISRO said in a statement. For the upcoming Axiom-4 mission in which ISRO's Gaganyatri and ESA's astronaut are crew members, both agencies are collaborating to implement shortlisted experiments by Indian Principal Investigators on ISS, it said.
21.12 / 10:45
markets Target Software Yellow Browser Experts reports DHL courier QR code scam: Fraudsters demand payment for rescheduled deliveries, know all about this new fraud
DHL courier delivery scams. In the past few days reports of this scam have surfaced as far as Ireland, Singapore and India. The worst thing about this scam is that fraudsters have managed to copy the style, font, tone, language and even the exact shade of yellow colour used by DHL. Now DHL being a global courier maintains consistency in their public communication, hence this new scam has become widespread.
21.12 / 10:45
markets Citi Digital Software social recommendations Videos Devendra Fadnavis speaks lie: Sanjay Raut rejects 'urban Naxals in Congress', 'Bharat Jodo Yatra' allegations
Sanjay Raut on Saturday dismissed Maharashtra Chief Minister Devendra Fadnavis's claims linking Rahul Gandhi's Bharat Jodo Yatra to urban naxal groups, and accused him of lying. Speaking to the media, Shiv Sena (UBT) leader Raut said, «Devendra Fadnavis speaks lie ...he spoke lie about Beed sarpanch killing and Parbhviolence. What does he know, who is Naxal.» On December 10, violence broke out in Parbhani city over the alleged vandalising of a replica of the Indian Constitution. On December 9, in Beed, the sarpanch of Massajog village, Santosh Deshmukh, was abducted and murdered.
21.12 / 10:45
markets Digital security Software students Experts Schools Kejriwal announces Ambedkar scholarship for free foreign education of Delhi's Dalit students
Arvind Kejriwal on Saturday announced an Ambedkar scholarship for free foreign education of the city's Dalit students. Kejriwal said the Dr Ambedkar Samman Scholarship was a response to the BJP's «insult» of Ambedkar. Union Home Minister Amit Shah «insulted and made fun of Babasaheb Dr Ambedkar in Parliament. Crores of people who love Ambedkar were deeply pained,» the former Delhi chief minister said at the AAP headquarters. Ambedkar had said education was the way forward and secured a PhD from the US against all odds, Kejriwal told reporters.
21.12 / 06:51
Twitter Boxing film track Features Is Pushpa 2 about to get even longer? Makers consider adding extra footage for OTT release
Pushpa 2, led by Allu Arjun, continues shattering global box office records. The film has now become the fastest to gross Rs. 1500 crore in Indian cinema, surpassing the monumental success of Baahubali 2: The Conclusion by SS Rajamouli and Prabhas. As the Christmas season approaches, the film is expected to see even further growth in its earnings, continuing its dominant run. There is increasing speculation in the industry that the makers of Pushpa 2 are planning to add 15 to 18 minutes of additional footage to the film. Currently, the movie runs for an impressive 200 minutes (3 hours and 20 minutes), and if the rumors hold true, this move could further elevate the film’s appeal. Filmmaker Ram Gopal Varma took to Twitter to praise the potential decision, calling it a «master stroke» by the production company Mythri Movie Makers. In his tweet, Varma mentioned that the addition of extra footage could significantly enhance the film's already strong momentum.
21.12 / 06:51
markets Citi Strategy Software Sustainability prevention Schools Young generation must work with a sense of responsibility toward the nation and society: Narayana Murthy
Infosys Founder Narayana Murthy said true nationalism is to work for the betterment of the country and not by merely wrapping oneself in the national flag. “The young generation must work with a sense of responsibility toward the nation and society. We must care for the underprivileged sections of society, or else we are no better than animals. Becoming a responsible citizen and working toward the country’s betterment is true nationalism. Merely wrapping oneself in the national flag does not make one a true nationalist,” Murthy said while speaking at the Sustainability Crusade award ceremony organised by the J P Shroff Foundation in Hyderabad on Friday.
21.12 / 06:51
markets BLOCK Action Analysis Research Trade Experts Block deals worth over Rs 5,683 crore this week. Reliance Industries, HDFC Bank among stocks with major action
block deals worth Rs 5,683 crore on screen, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen worth Rs 2,477 crore, led by Reliance Industries with 8 block counts totalling Rs 461 crore. The next in line were Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), Bajaj Auto (Rs 241 crore), Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore) and HDFC Bank (Rs 114 crore).
21.12 / 05:09
markets Provident Software Align Experts Universities innovations Government of Andhra Pradesh and PW Partner to establish deep-tech AI-focussed first Institute of Eminence (IoE)
Institute of Eminence (IoE) in Andhra Pradesh. This initiative aims to provide the state’s youth with education in Artificial Intelligence (AI), emerging technologies, new age skills, and entrepreneurship, paving the way for Andhra Pradesh to become an education hub. The University of Innovation will work towards blending academic excellence, innovation, and research. Its focus is to address key challenges in education and employability. The initiative will follow a hub-and-spoke model, with the University serving as the central hub, and satellite centers across Andhra Pradesh acting as spokes. This approach is an attempt to provide students from diverse backgrounds and regions access to contemporary, hybrid education that combines online and in-person learning experiences.
21.12 / 05:09
markets UPS Digital Ball Software Schools Annabel Sutherland smashes records on her way to century in the second ODI between Australia and New Zealand
Annabel Sutherland on Saturday continued her good form with the bat, registering her second consecutive ODI century against New Zealand in Wellington. Sutherland, who had scored a match-winning ton against India last week, pulled Australia out of trouble once again with an unbeaten 105 off 81 balls. Her effort carried the visitors to to 7-291 after they were put into bat in the second Rose Bowl ODI. The 23-year-old was given a lifeline on 67 in the 48th over and capitalised, hitting 33 runs from the next 11 balls she faced to bring up a 78-ball century.
21.12 / 05:09
markets Digital Software community Experts PAM Schools PM Modi embarks on two-day visit to Kuwait, to attend opening ceremony of Arabian Gulf Cup
Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of the State of Kuwait. This will be the first visit of the Prime Minister any Indian Prime Minister to Kuwait after 43 years. PM Modi will attend the opening ceremony of the 26th Arabian Gulf Cup as a special guest of the Emir of Kuwait. He will also interact with the Indian diaspora at the 'Hala Modi' community event at Sheikh Saad Al Abdullah Sports Complex.
21.12 / 05:09
markets Provident Digital Strategy Healthcare Experts reports Ontario Teachers’ buys into Omega Healthcare
Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO -Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor. Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed, said an Ontario Teachers’ press release. ET first reported on 20th December that Ontario Teachers' is all set to acquire a majority stake in Omega. Ontario Teachers' is looking to invest about $700-800 million to buy out existing investor Everstone Capital, valuing Omega at $1.8 billion, ET reported.
21.12 / 03:47
Man Strategy Veda Justice country beautiful Department When the British chose pragmatism as strategy
Subscribe to enjoy similar stories. In the 17th century Visvagunadarsana by Venkatadhvari, two celestial beings go on a tour of India. Flying from the Himalayas to Kanyakumari, they review the land’s many towns and holy sites, with one gandharva noticing only bad, the other more good.
21.12 / 02:35
UPS Waters Death President hospital reports Crowds in Mayotte vent frustration with cyclone response as Macron tours devastation
Crowds in Mayotte have vented their frustration at French President Emmanuel Macron, with some booing
21.12 / 00:41
markets Digital Platform Software Interface Experts innovations RBIH looks to tap Rapido, Swiggy, Amul data for UPI-like lending platform, says CEO Rajesh Bansal
Reserve Bank Innovation Hub, or RBIH, has approached several data-rich aggregators including Namma Yatri, Rapido, Swiggy and Zomato along with farmers’ collectives such as Amul for building the ambitious Unified Lending Interface (ULI) platform, its chief executive Rajesh Bansal told ET. The Reserve Bank of India’s innovation arm is also exploring collaboration with the likes of Google Pay on the insights that can be derived from data sharing on UPI transactions and warehouse deposit receipt data, Bansal said. Discussions are also ongoing with the Open Network on Digital Commerce (ONDC), PM Gati Shakti, Unified Geospatial Interface and E-Vahan, he added. The ULI platform will enable consent-based transfer of customers’ digitised financial and non-financial data, including land records, from various sources to lenders, accelerating credit appraisals.

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