India Financial News

IT services firm HCLTech is looking to diversify risks and unlock new revenue streams, by expanding its presence in markets such as India, Africa and the Middle East. HCLTech outlined its growth strategies to more than 100 analysts who attended an ‘Investor Day 2024’ meet hosted by the company in Mumbai on Wednesday. The company also highlighted its strength in engineering, research & development (ER&D), and plans to leverage increasing semiconductor demand, expand market participation in focus areas and new frontier markets, and grow within its top current and potential clients, some of the analysts who attended the event said. “The company wants to tap high-potential regions and expand, amid the ongoing slowdown in the core American markets denting business over the past five-six quarters,” one of the analysts said on the condition of anonymity. “HCLTech spoke of improving the mix of verticals and geographies, gaining of market share, organic development of digital skills, its clients’ cloud migration activities and inorganic augmentation of capabilities.”

Read more about other accessories in the electronicssection on the Top Trending Productspage. Read about the Best Tripods under 1500 in India below. 1. Lapras Universal Aluminum Tripod Stand Lapras (BUY 1 GET 1 FREE with 12 years Warranty) Universal Aluminum Tripod Stand, 3110 Universal Aluminum Tripod Stand (12 Year Warranty)60% Off₹1,589₹3,999Buy Now Featuring a professional design, the Lapras Universal Aluminum Tripod Stand includes a 3-Way Pan head to ensure smooth movements and reduced camera shakes. Its aluminium and plastic body ensures that it is lightweight, portable and also durable. It features a brace and non-slip feet for secure placement during use in order to keep your camera safe on i

INS Arighaat, was commissioned on Thursday. Vizag-made indigenous submarine has undergone thorough trials and is ready for deterrence patrols. It joins INS Arihant, India’s first such submarine that undertook first deterrence patrols in 2018.

Line of Control in Kupwara district of northern Kashmir. Army officials informed that a joint anti-infiltration operation was launched by the Army and Jammu and Kashmir police following Intelligence inputs regarding likely infiltration bids on the intervening night of Aug 28-29 in Tangdhar of Kupwara district. «One terrorist is confirmed to have been eliminated. The operation is in progress,» the army informed.

pre-IPO funding round of $665 million, quick commerce startup Zepto has secured follow-on financing of $340 million led by US-based venture capital firm General Catalyst, taking its valuation to $5 billion. New investors Dragon Fund and Epiq Capital joined the round while existing investors StepStone, Lightspeed, DST and Contrary increased their stakes.

para-archery event was sold out. And one of the reasons for it becoming such a huge draw for the spectators was India’s Sheetal Devi. “She is just 17 and is ranked No. 1 in her category. How she releases the arrows with her jaw is just incredible. She is a global story of inspiration,” said one of the members of the International Paralympic Committee (IPC). A couple of days ago, the BBC did a detailed feature on Sheetal. The local press was curious to know more about her in the mixed zone.

Caste census was the predominant issue raised by the Opposition members at the first meeting of the parliamentary panel on the welfare of OBCs, with BJP ally JDU supporting their demand to call Ministry of Home Affairs (MHA) officials to gather more information on OBCs, sources said. Incidentally, Registrar General and Census Commissioner of India is the head of the census organisation, which operates under MHA — necessitating the presence of ministry officials at the meet. At the first meeting of the panel, which was reconstituted earlier this month and headed by BJP MP Ganesh Singh, DMK floor leader in the Lok Sabha, TR Baalu, raised the caste census issue. He was supported by Congress Manickam Tagore and Trinamool Congress' Kalyan Banerjee. JDU's Giridhari Yadav also supported the demand.

JioFiber's set top box (STB), offers over 860 live TV channels in addition to the best content from apps like Amazon Prime Video, Disney+ Hotstar, Reliance Jio Infocomm chairman Akash Ambani said. This makes JioTV+ the single biggest aggregator of live TV channels in the country considering the ministry of information and broadcasting has given permission to 922 channels for uplinking and downlinking channels in India as of March 2024. «JioTV+ brings entertainment—live TV, on-demand shows, and apps—together in one easy-to-use platform. And we have optimised JioTV+ for a super-fast channel switching experience. Switching between your favourite channels is now faster than ever, so you won't miss a single moment of the action,» he said during the company's annual general meeting on Thursday.

heavy rains and strong winds this week, raising the risk of floods and threatening the crops that are just weeks away from harvesting. Saurashtra and Kachchh regions of the western state of Gujarat will receive heavy precipitation for three days through Saturday, according to the India Meteorological Department. A deep depression in the coastal parts may intensify into a cyclone on Friday, causing the wind speed to surge to as high as 85 kilometers (53 miles) per hour, it said in a bulletin Thursday. Any severe damage to cotton plants could put pressure on the South Asian nation to increase overseas purchases, potentially underpinning global prices of cotton that have slumped almost 15% this year. A likely drop in production of peanuts could tighten supplies of the commodity in the country that imports about 60% of its vegetable oil needs.

lead, refined nickel, zinc, and tin ingots in the country. These norms have been formulated by the Bureau of Indian Standards (BIS), and the ministry has proposed mandating them through a Quality Control Order (QCO).

Department of Telecom has dropped the penalty clause on telecom entities for violation of interception norms under the new rules notified recently. The Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules, 2024, notified on Wednesday, will not be applicable to demonstrations and testing of interception systems by the central government. Under the new interception rules, the DoT has removed provisions related to fines and suspension of telecom licences for violation of licence conditions pertaining to maintenance of secrecy, confidentiality of information and unauthorised interception of communications. The new rules, however, mandate telecom entities involved in the process of interception to ensure that «adequate and effective internal safeguards are implemented to prevent any unauthorised interception of messages» and «confidentiality and secrecy is maintained in the matter of interception of messages».

Jay Shah’s election as the Chairman of the International Cricket Council (ICC). In a post on X (formerly Twitter), Banerjee wrote, “Congratulations, Union Home Minister!!! Your son has not become a politician, but has become the ICC Chairman — a post much much more important than most politicians'!!! Your son has indeed become very very powerful and I congratulate you on his this most elevated achievement indeed! Kudos!!”

terrorists were killed in two separate encounters in Jammu and Kashmir's Kupwara district. The three terrorists were killed in a joint operation launched by the Indian Army and Jammu and Kashmir Police following specific intelligence inputs received on August 27 regarding simultaneous infiltration bids from the Karnah sector and Kumkadi in Machil Sector. District Police Kupwara had been maintaining close vigil and developing on-ground human intelligence regarding infiltration attempts from LOC at Kupwara.

₹3.99 crore. Buyers of the Aston Martin Vantage will have the option to personalize their vehicle with an array of customization choices, reported HT Auto.

Reasons to buyReasons to avoidThe Hawkins Contura Anodised Aluminium Pressure Cooker is a stylish and efficient cooker designed for everyday use. It is made from high-quality anodised aluminium and features a unique curved body for easy stirring.

TV show producer Banijay Asia has tied up with Space Exploration and Research Agency for a reality show to send an Indian into space on a future Blue Origin New Shepard mission. Recently, SERA announced India as a partner nation for their human spaceflight programme aimed at giving an opportunity to citizens from countries with few or no astronauts to travel into space. «We're embarking on an unprecedented journey with SERA to create a reality format that transcends the ordinary. It's a privilege to document this journey of an ordinary Indian space traveller and show how this programme will not only transform their life but also democratise space travel more broadly,» Deepak Dhar, Founder and Group CEO, Banijay Asia and EndemolShine India said in a statement. The format will capture the drama, disappointment, and joy as the shortlisted individuals participate in various challenges that test their mettle and readiness for space travel, a company statement said.

Indian tourist who was swallowed by a sinkhole in Malaysia's capital entered a seventh day on Thursday, with the operation hampered by strong undercurrent flows and worries about oil instability after a second sinkhole emerged nearby. Vijaya Lakshmi Gali, 48, was walking along a road in the Dang Wangi area in Kuala Lumpur on August 23 when the pavement beneath her suddenly collapsed. She plunged into the 8-metre-deep (26-foot-deep) sinkhole and disappeared. Rescuers have found no trace of her so far except her slippers. The search operation has involved flushing through portions of the drain system, using high-pressure water jets and excavators to remove debris, tracker dogs as well as remote cameras and ground penetrating radars to map inaccessible areas. Nor Hisham Mohammad, deputy director of the Malaysian Fire and Rescue Department, said the search will continue. He said scuba divers may be sent into the sewage tunnel to check on an obstacle that was detected if conditions are safe. Two divers entered early Thursday but it was too dangerous and they were pulled out before they could reach the obstacle.

Markets regulator Sebi on Thursday proposed to make it mandatory for all entities regulated by it to maintain communication records, including acknowledgements, for at least eight years. The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market. In its consultation paper, the regulator suggested that all entities regulated by it should maintain records of all required communications, including acknowledgements, for at least eight years as per their governing regulations.

RBI official said on Thursday. The norms regarding the Expected Credit Loss (ECL)-based provisioning are in an advanced stage of discussion, the official told reporters here. The Reserve Bank of India has proposed to set aside 5 per cent of the total exposure to a project till the construction of the project is on. Fearing a hit to profits, banks have been asking for a relook into it, as per reports.

Union Minister Nitin Gadkari on Thursday said credible media is important for the qualitative transformation of democracy and socio-economic development of the country. Addressing an event here, Gadkari said every politician expects media support, but the media should support what is good for democracy and the country. He noted that once upon a time, people were only dependent on print media and electronic media, now they are dependent on social media. «In media, what we need is credibility, goodwill...people are expecting information from the media by which they can make the qualitative transformation of our democracy,» the minister said.