Record News

Calcutta High Court on Friday directed CBI to probe the alleged financial irregularities in state-run RG Kar Medical College and Hospital during the tenure of former principal Sandip Ghosh. «This court directs that the investigation be transferred to the CBI, given that the case involved serious allegations and multiple agencies handling different aspects of the case could lead to inefficiencies or inconsistency for comprehensive justice, unnecessary delays in the judicial process and potential misinterpretation of information thereby undermining effective and credible enforcement. Therefore, the investigation should not be fragmented between different agencies. Handing over the investigation to the CBI ensures consistency,» the HC order read. «The special investigation team (SIT) is directed to hand over the case diary, other records, CCTV footage, statements, if any, and all material and matters concerning the case to the CBI by 10 am tomorrow,» the court order said. The state government had constituted an SIT on August 16 to probe the allegation of financial irregularities at RG Kar since 2021 under Ghosh's tenure.

Starbucks' incoming CEO Brian Niccol will have more power than his predecessor. Niccol, who is leaving Chipotle Mexican Grill, will become CEO and chairman the moment he joins Starbucks on September 9. By contrast, Laxman Narasimhan spent more than five months as the CEO-in-training under company patriarch Howard Schultz and he never took on the board chairman position. Only after an intense period of shadowing Schultz did he gain the ability to set the company's strategy. The vastly different handovers underscore the two executives' contrasting resumes-Narasimhan had no restaurant experience while Niccol has spent 20 years as a leader at Chipotle and Yum! Brands.

United States has emerged as India's top trading partner in January-June this year, while the country has recorded its highest trade deficit of $41.6 billion with China during the period, think tank Global Trade Research Initiative (GTRI) said Friday. India exports goods to 239 countries of which 126 countries showed positive growth in exports. Imports from Russia grew to $34.4 billion from $30.8 billion, a 11.65% increase. It also said the country's merchandise exports rose 5.41% to $230.51 billion during the first half of 2024, led by sectors like iron ore, pharmaceuticals, precious stones, basmati rice, chemicals, and smartphones.

Ben Affleck had been living apart for several months, many were surprised by Jennifer Lopez's August 20 divorce petition. Reports claiming the pair lacked a prenuptial agreement shocked many, even if the breakup itself wasn't shocking. Although the couple eloped to Las Vegas in July 2022 and were officially married in Georgia a month later, a close source of Lopez's told various media sites that the pair might not have such an arrangement. Legal professionals, however, find this assertion doubtful, as per the reports of Yahoo entertainment.

Check out the best tyre inflator on Amazon SaleAlso Read: Amazon deals on car and bike accessories: Choose from dashcams, vacuum cleaners, pressure washers, and moreDash cams are super handy for capturing your driving adventures and can be a lifesaver when it comes to proving what happened in an accident. They usually feature high-def recording, wide-angle views, and loop recording to make sure you don’t miss a thing on the road.

defamation case filed against Congress leader Rahul Gandhi over a 2018 incident as the plaintiff could not appear citing ill health, his lawyer said. The court has now fixed September 5 as the next date for hearing in the case, plaintiff Vijay Mishra's lawyer Santosh Kumar Pandey said. «Mishra did not appear in the court today due to ill health. An application was given to the court seeking time to present evidence, which was accepted and the MP-MLA court has given the date of September 5 for next hearing. »On this date, the plaintiff will have to present evidence in the court through the lawyer," Pandey said.

European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in the coming weeks could delay the move, on and off record conversations with seven sources indicate. Financial markets already overwhelmingly expect a fresh rate cut next month, but policymakers have been circumspect on their next move after the central bank was criticised by some for too overtly committing itself before its first rate cut back in June. A raft of figures on growth, wages and prices in recent weeks has started to sway them and many are increasingly open to discussing their views, arguing that conditions laid out for a cut are being fulfilled.

inquiry committee after a couple was caught engaging in intimate activity inside a Noida mortuary, specifically in a freezer room, reported TOI. While three people were arrested on Thursday in relation to the incident, lapses in security were raised as a prime concern. Sher Singh, a former mortuary sweeper who was later fired, was arrested following the emergence of a month-old video that went viral on social media showing the couple in the mortuary while a corpse lay on a nearby stretcher. Singh, along with Parvendra, a cleaner who recorded the video, and Bhanu, a driver who was present, were arrested for their roles in the incident. The woman involved has not yet been identified. Noida Chief Medical Officer Sunil Sharma stated that the incident revealed significant security lapses. A three-member committee, including Deputy CMOs Dr. Jaisalal and Dr. RP Singh, and forensic expert Dr. Rishabh Kumar Singh, has been tasked with investigating the incident. Jaisalal is responsible for the post-mortem house, according to the TOI report.

July 2024, engineering goods exports to countries like the US, UAE, Saudi Arabia, and Singapore witnessed a positive growth whereas exports to countries like Bangladesh and Russia experienced a decline during this period, according to latest data released by Engineering Exports Promotion Council (EEPC). Among the 25 major destinations for Indian engineering goods, exports showed growth in 10 countries, while 15 countries experienced a decline. The top 25 countries contribute 75.5% of total engineering exports to the country, said EEPC in a statement . At $1.5 billion, engineering goods exports to the US recorded 4.2% year-on-year growth in July this year. Engineering exports to the UAE stood at $625.78 million in July this year, up 65.6% year-on-year. The exports to Saudi Arabia rose 9.2% year-on-year to $412.30 million in July this year.

Cochin Shipyard andBharat Dynamics. But while most PSU stocks are running out of steam, some big names are bucking the trend. These includeCoal India, NTPC, Hindustan Petroleum Corporation, Oil and Natural Gas Corporation and a few others in the power and oil & gas sector.

CDSL) surged 6% to a day's high of Rs 1,558.85 on the NSE after the stock began trading on a pre-bonus basis. The record date for the bonus issue was set for Saturday, August 24. Since Saturday is a market holiday, today serves as the ex-date for the bonus issue. Bonus shares will be issued to shareholders listed as of the record date. Under the T+1 framework, the record date and ex-date are usually the same unless a market holiday intervenes.

ET Markets analysed data of all companies with a market capitalization of at least Rs 5,000 crore and found that there were 40 companies which reported over 50% drop in their net profits in Q1.

Swiggy investor 360 One WAM, formerly IIFL Wealth Management, valued the IPO-bound food- and grocery-delivery firm at $11.5 billion as of June, according to an investor presentation seen by ET. Swiggy recorded Rs 7,474 crore in revenue in the first half of fiscal 2024, 360 One said in the presentation made to its clients. This translates into Rs 14,947 crore on an annualised basis for the year through March. Food delivery sees cyclical changes in orders. So the final figure may differ and will only be known when Swiggy — which has confidentially filed for an IPO — discloses its financial results for the year.

Mint in the week gone by. The Indian rupee is showing signs of weakness mainly due to demand for the dollar by importers, while India Inc’s profits grew at the slowest pace in five quarters. The Indian rupee has been on a downward trend, sparking concerns as it slipped to ₹83.9550 against the US dollar by 2 pm on Thursday, down from ₹83.7794 the previous day, according to Yahoo Finance.

The largest diamond found in more than a century has been unearthed at a mine in Botswana

Sales of previously occupied U.S. homes ended a four-month slide in July

Finra has censured and fined Barclays Capital more than a million dollars for reported longstanding lapses in fingerprinting and background screening procedures for non-registered employees.

₹1,830 crore. The companies had not responded to queries from Mint till press time. Vindhya Telelinks, an MP Birla Group company, was formed as a public-private joint venture between Universal Cables Ltd and the Madhya Pradesh State Industrial Development Corporation Ltd.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Formula 1 race, Max Verstappen is clear he doesn't want to stick around for No. 400. At the age of 26, Verstappen is the youngest F1 driver to reach the 200-race milestone, and he's doing it in front of his home crowd at the Dutch Grand Prix on Sunday. «No,» Verstappen said bluntly, when asked Thursday if he could imagine another 200 F1 races — equivalent to just over eight more seasons — in his future. «So we passed halfway for sure, but it's been already of course an incredible ride,» he added. «It doesn't feel like 200, but of course we're doing a lot of races now in a year, so you add them quite quickly.»