Aware Financial News

16.08 / 05:31

UPS Provident Aware Manufacturing Platform Thyssenkrupp country Deal Indian Germany, Spain join Mazagon Dock Shipbuilders in contest for $4.8 billion Indian submarine deal

defense manufacturing giants are seeking to win a Rs Rs 40,000 crore ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China’s expanding naval presence in the Indo-Pacific region. Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named because discussions are private.

16.08 / 04:35

FIVE Waters Aware CEO Citibank country NOT Roti, kapda, but not makaan: Why sustainable construction is not getting the attention it needs

SBI Youth of India, she was shocked to see the farm waste being generated and the practice of stubble burning. “So much of renewable resources were being wasted. There was a surplus of it,” she says.

15.08 / 19:35

COST UPS Aware Indian Costs Indian cos’ annual legal costs hit ₹40K cr on rising M&A, IP cases

MUMBAI : Indian companies’ aggregate legal expenses hit ₹40,000 crore in each of the last two fiscal years, two industry executives said, a figure that is expected to rise further driven by white-collar crimes, insolvency cases, mergers and acquisitions (M&As), intellectual property (IP) matters, and regulatory filings. Law firms have bulked up to meet rising demand, recruiting hundreds of law grads from campuses as well as from rival firms.

15.08 / 18:53

COST Digital Waters Aware cover independence day Poll-bound chief ministers go for populist drive on Independence Day

Telangana used Independence Day speeches to announce new skilling and housing schemes, increase in allowances and farm loan waivers to top the populist budgets earlier in the year. The CMs of the four states, where assembly elections are due by the yearend, announced new schemes for the youth, women and farmers. A state-wise look at the measures announced:Telangana The big-ticket announcement from all poll-bound states came from Telangana.

15.08 / 18:53

Aware Enterprise Rare ARC seeks to aggregate Coffee Day Global loans

Coffee Day Global with the aim to emerge as majority lender, said people aware of the development. It is the unlisted company that operates Cafe Coffee Day (CCD) chain. The ARC has offered to make upfront payments of 60-65% of the outstanding dues, the people cited above said.

15.08 / 18:17

Waters Aware Parke Shell Texas sues Shell over May fire at Houston-area petrochemical plant

Texas is suing Shell, alleging a fire at the oil giant's Houston-area petrochemical plant damaged the environment

15.08 / 17:39

COST UPS Aware Manufacturing awards country Railways plans PLI scheme for train parts

production-linked incentive (PLI) scheme for train component makers as part of its efforts to attract foreign manufacturing firms and reduce dependence on imports, people aware of the matter said. The contours of the PLI scheme will be worked out with the help of a consultancy firm, which will be selected through a bidding process this month, officials told ET. The consultant will prepare a list of components that are largely imported and used in making engines and coaches, also called rolling stock.

15.08 / 16:33

UPS MAIL Cooper Aware awards country India to step up defence ties with Philippines

NEW DELHI : India and the Philippines are looking to step up defence ties after the Southeast Asian nation’s high-profile purchase of a BrahMos missile. Negotiations on a defence line of credit have picked up, according to persons aware of the matter.

15.08 / 15:39

UPS MAIL Cooper Aware awards country India, Philippines to step up defence ties

15.08 / 15:27

UPS Progressive Aware audience CBA’s big bet on women’s sports pays off

Commonwealth Bank made a huge bet in 2016 – to terminate its multi-year deal with the Australian men’s cricket team worth up to $50 million, but keep its sponsorship of the women’s game.

15.08 / 15:27

Aware show cover ‘Leave me alone’: Lang Hancock’s 1989 plea to daughter Gina Rinehart

Pilbara legend Lang Hancock pleaded with his daughter, Gina Rinehart, to stop a barrage of criticism over his business and romantic dealings, asking her to “leave me alone to live the rest of my life in peace” as their relationship broke down in the late 1980s, a court has heard.

15.08 / 14:55

UPS Provident Lowe's Aware shootings Inflation may haunt Biden’s poll fortunes even if it cools further

Joe Biden and his team get little credit for their management of the American economy. Aware that the 2024 presidential election, like most, will turn on economic conditions, or perceptions of economic conditions, the president has taken to the hustings with his mantra that “Bidenomics is working." But while Bidenomics may be working, the message is not. A CBS/YouGov poll conducted between 26 and 28 July 2023 gave Biden just a 34% approval rating on the economy.

15.08 / 13:29

UPS Waves Ripple Aware Matthews country Analysis-China trust deficit: crisis spurs shadow banking policy response calls

By Summer Zhen and Laura Matthews

15.08 / 12:19

UPS Lowe's Aware Platform track index NCDEX ties up with Skymet to bring derivative trading on weather index

futures trading of the weather index", Businessline reported quoting Kapil Dev, Head – Agriculture Business, NCDEX. “The value of the index will be useful to people across the agriculture value chain as it will not only help them to plan their business but also keep track of the actual rainfall on a daily basis," he added.

15.08 / 11:13

Provident Aware show DC plan sponsors taking more responsibility for employees’ retirement income

Employers offering defined contribution plans to their workers are broadening their focus on financial wellbeing according to a poll from J.P. Morgan Asset Management.

15.08 / 09:47

UPS Provident Booking Progressive Aware show MahaRERA asks realty developers to set up redressal cells for homebuyers’ issues

Maharashtra Real Estate Regulatory Authority (MahaRERA) has asked realty developers to set up grievance redressal cells to address complaints of their homebuyers. These cells for the developers’ projects are expected to have at least one grievance redressal officer. Compliance with this provision will be an important criterion in the proposed evaluation of projects by the regulatory authority.

15.08 / 09:35

UPS Aware Career Manufacturing Platform Colleges Engineering colleges brace for challenging placement season amid tech downturn

Engineering colleges that have already begun final placements for the Class of 2024 are bracing for a challenging season under the shadow of a tech downturn, where some of the biggest recruiters are hitting the brakes on hiring. Colleges including Delhi Technological University (DTU), NIT Calicut, NIT Jalandhar, NIT Hamirpur and Vellore Institute of Technology (VIT) told ET they expect it to impact campus hiring numbers.

15.08 / 08:17

UPS Aware Shapoorji Pallonji Group unlikely to hold any adversarial stance at Tata Sons AGM

Shapoorji Pallonji (SP) group, which holds about 18% stake in Tata Sons, is unlikely to hold any adversarial position during the latter's annual general meeting (AGM) to be held on August 29. This will be the first Tata Sons AGM after the demise of Cyrus Mistry, former chairman of the Tata holding company, in a road accident last year. The SP Group's Cyrus Investments and Sterling Investment Corp holds an 18.4% stake in Tata Sons.

15.08 / 02:47

UPS Aware SEC Platform Financial SEC Chairman: AI May Lead to Next Financial Crisis

Securities and Exchange Commission (SEC) Chairman Gary Gensler has expressed significant concerns about the potential consequences of artificial intelligence (AI) on the financial system. In an interview with DealBook, Gensler outlined his views on how AI could become a systemic risk and the need for responsible regulation.

15.08 / 02:01

Progressive Waters Aware Manufacturing Celebrity country independence day Independence Day 2023: PM Modi's speech from Red Fort likely to be around India’s foundation for ‘Viksit Bharat’

Narendra Modi will lead the celebrations today i.e. on 15 August from the ramparts of the iconic Red Fort. Around 1,800 people from different walks of life and from all across the country have been invited as special guests to the main celebratory event in the national capital.

15.08 / 01:53

COST Citi Aware Covenant performer exclusive Dunzo holds talks with debt investors to rejig credit terms

quick commerce startup Dunzo has held talks with its debt investors to restructure the terms of the credit so that the company can avail some of its cash lying in the bank to clear pending dues to vendors and staff salary arrears stretching to two months, sources aware of the discussions said. The talks have been underway to finalise new terms, including the payback timelines, people aware of the talks said. Dunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors,ET first reported on July 18.

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