Seth Godin News
12.11 / 20:15
markets
Waves
Digital
Election
Experts
PAM
reports
Donald Trump to order US banks mergers soon?
Donald Trump's return to the White House could usher in a wave of bank mergers and acquisitions as the administration appoints regulators who are more open to approving larger deals, financial executives and analysts said on Tuesday, as per a report. The banking industry is expected to win big if Republican regulators ease capital rules and merger approvals when they replace the aggressive financial regulators of the Biden era, Reuters reported. «I have to believe we are entering a moment where bigger deals can be done,» Mitchell Eitel, managing partner at law firm Sullivan & Cromwell, told a banking conference in New York.
12.11 / 18:01
markets
COST
Extreme
Strategy
awards
Experts
EV charging facility now available at every fifth petrol pump, but only 20% are fast chargers
EV charging facility as oil companies quadrupled the number of pumps with chargers in two years despite installation and consumer demand challenges. EV charging facilities are available at about 17,900 pumps, with state-run oil companies accounting for 95% of these, according to the oil ministry data. Two years ago, only 4,100 pumps offered EV charging. Indian Oil Corp is the leader with EV facilities available at 10,057 pumps. Hindustan Petroleum operates 3,705 pumps with chargers and Bharat Petroleum 3,146.
12.11 / 18:01
markets
Strategy
Experts
information
reports
Investigations
Let's not now jump the CCI gun
Flipkart, Amazon, Swiggy and Zomato, and has reportedly found them to have violated competition law. Reactions to CCI's preliminary probe reports are premature. It's crucial to understand that CCI's investigation reports are only preliminary findings, based on an investigation conducted by DG. These reports are not CCI's final decision, nor binding on anyone. DG's investigation is one step in a lengthy quasi-judicial process that will culminate in a final decision by CCI. One needs to contextualise DG's investigation within CCI's overall decision-making process.
12.11 / 14:17
markets
Mobile
Research
PAM
performer
testing
DRDO’s long range land attack cruise missile passes maiden flight test
Defence Research and Development Organisation (DRDO) successfully conducted the maiden flight test of its Long Range Land Attack Cruise Missile (LRLACM) on Tuesday, the Ministry of Defence said in a press release. The maiden flight took off from the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha. The missile was launched using a mobile articulated launcher.
12.11 / 14:17
markets
Digital
Election
Bitcoin
PAM
reports
Bitcoin price could hit $100,000? Check Donald Trump effect in Cryptocurrency
Bitcoin is heading towards $100,000 amid President-elect Donald Trump’s pro-crypto stance and promise for clearer cryptocurrency regulations, as per a report. On Tuesday, the Bitcoin price was hovering around $87,880 apiece. Bitcoin price has surged about 30 per cent since the US election, IANS reported. According to Nigel Green of deVere Group, «Bitcoin could hit $100,000 by the end of January 2025 after Donald Trump takes office». The bullish prediction from Green comes after the cryptocurrency has experienced a staggering 93 per cent price rise year-to-date.
12.11 / 14:17
markets
security
Pool
PAM
reports
No one interested in freak offs house? Sean Diddy Combs's famous Beverly Hills mansion in Los Angeles fails to find a buyer
Sean Diddy Combs is having trouble finding a buyer for his freak-off mansion in Los Angeles. With its purported connections to Sean Diddy Combs' notorious freak-offs, the market for his Beverly Hills estate has apparently been sluggish to grow, as quoted in a report by the Daily News. A few months after the mansion was raided by FBI and Homeland Security agents and months before he was arrested by federal agents in New York in September, the 55-year-old disgraced music mogul put it up for sale during the summer.
12.11 / 14:17
markets
FIVE
awards
Trade
PAM
country
Department
India imposes anti-dumping duty on chemical imported from China, Korea, Thailand
China, Korea, and Thailand for five years to guard domestic players from cheap imports from these nations. The duty was imposed as the chemical — Epichlorohydrin — was exported to India from these countries at below-normal prices. «The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)...,» the department of revenue said in a notification. The levy is imposed following recommendations for the same by the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR).
12.11 / 10:51
markets
Digital
Google
Sustainability
community
Experts
PAM
Guru Nanak Jayanti bank holiday 2024: Are banks open or closed on Friday, November 15? Check state-wise list
The Reserve Bank of India publishes regional and national holidays state wise on its website. Note that banks are closed on Sundays, second and fourth Saturday's of the month.
12.11 / 08:45
markets
Election
reports
Department
Schools
rights
Colleges
Will Trump eliminate Department of Education? Check US President-elect's plan for schools in his second term
Trump's Agenda47 campaign proposed eliminating the Department of Education- which as per the DOE website, «establishes policy for, administers and coordinates most federal assistance to education.» This move by Trump could impact crucial funding for K-12 schools and hamper civil rights enforcement, reported The Forbes. ALSO READ: Md Yunus' past remarks on US President-elect Donald Trump may hurt his future
11.11 / 17:57
markets
Target
Digital
Sustainability
Experts
PAM
country
Japan unveils $65 billion plan to aid domestic chip industry
Shigeru Ishiba on Monday unveiled a $65 billion plan to boost the country's chip and artificial intelligence industries via subsidies and other financial incentives. The plan, which will provide support worth 10 trillion yen ($65 billion) or more by fiscal 2030, comes as countries look to strengthen control over their chip supply chains after global shocks including trade tensions between the United States and China. Japan's government intends to submit the plan, including bills to support the mass production of next-generation chips, to the next parliament session, according to a draft of the plan seen by Reuters earlier on Monday.
11.11 / 17:57
markets
Digital
Experts
PAM
hospital
Courts
Colleges
Trial begins in RG Kar Medical College doctor's rape and murder case, accused claims innocence
RG Kar Medical College & Hospital PGT doctor in August started at a special court in Kolkata's Sealdah on Monday. Meanwhile, the sole accused Sanjay Roy, while leaving the court in the evening, claimed today that he has been falsely implicated by Kolkata Police. The trial is being conducted on a fast-track and daily basis. «I have been a victim of conspiracy. Vineet Goyal and DC Special have falsely implicated me,» Roy said today from the prison van. Recently, Roy has claimed in front of media channels, while he was being produced in court, that he did not commit rape or murder, and he was being falsely implicated by the police. Pointing at the Kolkata Police, where he worked as a civic volunteer, Roy also claimed he had been threatened by his own departmental colleagues to remain silent in the matter.
11.11 / 17:57
markets
COST
UPS
Digital
awards
Experts
PAM
Hindalco to spend $4-5 bn on upstream expansion
Hindalco Industries will spend $4 — $5 billion on capital expenditure over a period of three years to expand its upstream facilities for aluminium and copper, the company said on Monday. These include an aluminium smelter, alumina refinery, a copper smelter and a copper recycling plant, managing director Satish Pai said on a call post the earnings. The metal flagship company of the Aditya Birla group announced its earnings for the September quarter late on Monday, and its consolidated net profit jumped 78% on year to ₹3,909 crore helped by strong traction in its India business.
11.11 / 17:57
markets
Citi
Digital
awards
Experts
PAM
social
HDFC Bank to divest HDFC House, other realty assets
HDFC Bank has decided to divest several key commercial properties inherited during its 2023 merger with its mortgage-lender parent, HDFC, said persons with direct knowledge of the development. Monetisation of these assets, which include some residential apartments, could together fetch about ₹3,000 crore for India's most-valued bank. The assets to be sold include the HDFC House in South Mumbai's Churchgate and residential apartments that were allotted to HDFC's senior officials earlier. Commercial assets across south Mumbai, Kalina, Chandivali and other cities including Kolkata, Mysore, and Bengaluru are valued at around ₹2,400 crore. Residential apartments are likely to be valued around ₹800 crore.
11.11 / 14:25
markets
UPS
Strategy
Experts
cover
hospital
Govt will cover medical expenses of needy: UP CM Yogi Adityanath at Janata Darshan in Gorakhpur
Uttar Pradesh Chief Minister Yogi Adityanath on Monday said all expenses of individuals seeking financial aid for treatment for serious illnesses will be covered so they can get care at top hospitals. He attended a 'Janata Darshan' programme in Gorakhpur today. Before departing for the Jharkhand Assembly election campaign in Mirzapur, he met around 150 people at the programme organised at the Gorakhpur Temple, an official statement said. Adityanath instructed officials to expedite the process of issuing Ayushman cards to those who don't have it and require financial assistance, it said.
11.11 / 10:51
markets
Provident
Digital
Strategy
Research
Experts
PAM
AI startup Sparkcognition rebrands as Avathon, to triple India headcount in two years
The company, which provides safety monitoring for infrastructure assets across sectors such as aerospace, defence, oil and gas, is also rebranding itself as Avathon. “India is at the heart of Avathon’s roadmap, with AI projected to contribute over 50% of the Asia-Pacific region’s growth in traditional industries by 2028. India will play a pivotal role in our expansion, serving as a hub for product engineering, delivery, support and R&D," Johar said.
11.11 / 10:51
markets
UPS
Strategy
Actor
PAM
shock
Sabyasachi shines in Hollywood: Jennifer Lopez opts for Indian designer's jewellery again
Jennifer Lopez is one of them. On Saturday, Jennifer Lopez attended the premiere of Wicked at the Dorothy Chandler Pavilion in Los Angeles looking stunning in an intricately beaded cutout gown by designer Zuhair Murad. She paired it with shimmering earth-tone look with glittering nude heels, a sparkling clutch purse, and chunky beaded bracelets by Sabyasachi. ALSO READ: Sean Diddy's fling with Jennifer Lopez is haunting the actor amid divorce with Ben Affleck? Shocking details emerge
11.11 / 10:51
markets
Progressive
Strategy
Election
PAM
inclusion
Maharashtra elections: Wrong to demand votes along religious lines, says Piyush Goyal
Piyush Goyal said on Monday. He appealed to people to choose the BJP-led Mahayuti, which he said is committed to development and progress in the November 20 Maharashtra assembly elections. Stressing that the Mahayuti has been promoting inclusive policies and avoiding divisive tactics, the Mumbai North MP appealed to voters to move beyond religious lines and choose development and progress. He slammed Congress for allegedly not keeping the pre-poll promises in the party-ruled states and Shiv Sena (UBT) leader Uddhav Thackeray for joining hands with the parties that «spread fear and misinformation».
11.11 / 09:49
markets
Reuters
Strategy
War
PAM
information
reports
Kremlin says reports that Trump and Putin have spoken are 'pure fiction'
The Washington Post first reported that the call had taken place, citing unidentified sources, and said that Trump had told Putin that he should not escalate the Ukraine war. Reuters also reported on the call, citing an unidentified source.
11.11 / 09:13
markets
Digital
Waters
Nov
Experts
PAM
social
BJP-led Mahayuti's campaign filled with hate, poison: Congress
«The Mahayuti, led by the BJP, has only one agenda in its campaign. It is simply and only to polarize society on the basis of religion and to disturb communal harmony in the state. Such an awful campaign reveals its sick mindset,» Ramesh wrote in a post on X. «The campaign is full of hate and poison deliberately being injected. But the people of Maharashtra will reject this type of campaign decisively on Nov 20th,» the Congress leader added.
10.11 / 15:17
markets
Strategy
Research
RAI
testing
Schools
India set to test over 1,000 km strike range anti-ship ballistic missile
ballistic missile which would be able to hit moving warships or aircraft carriers at distances of over 1,000 kms. The ballistic missile is expected to be tested in the next few days by the Defence Research and Development Organisation, defence sources told ANI. The anti-ship ballistic missile would be capable of being launched from both warships and shore-based locations, the sources said.
10.11 / 15:17
markets
Landmark
Strategy
Justice
Schools
Courts
rights
Justice DY Chandrachud retires as CJI, leaves transformative legacy in judiciary
Beside delivering several landmark judgements like the Ayodhya land dispute, abrogation of Article 370 and the decriminalisation of consensual gay sex that shaped society and politics, he was part of 38 constitution benches during his eight years tenure as a judge in the Supreme Court. During his tenure at the apex court, he rendered more than 500 judgements, some of them having wide ramification to the society and legal field.
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