Aware Financial News
17.07 / 08:09
Aware
Manufacturing
Toyota
Bharat NCAP, India's own car crash safety rating to come into effect from October 1
Maruti Suzuki and Toyota have termed the upcoming rating as a bold step in the right direction for the domestic industry. In a statement to news agency PTI, Velusamy R, President - Automotive Technology and Product Development, Mahindra & Mahindra said “We at Mahindra believe it is one of the bold steps by the Ministry of road transport and we welcome the implementation of Bharat NCAP." This initiative of MoRTH will generate equal opportunities and create healthy competition among OEMs to make safer models for Indian customers, he added.
17.07 / 02:21
Amazon
Aware
Platform
Reliance set to buy Alia Bhatt's Ed-a-Mamma for Rs 300-350 crore
Reliance Brands Ltd is in talks to fully acquire actress Alia Bhatt's children wear brand Ed-a-Mamma for ₹300-350 crore, two industry executives said. Reliance Brands is a subsidiary of Reliance Retail Ventures, the conglomerate's retail business holding company. Ed-a-Mamma is an over ₹150-crore brand, according to media reports, and is primarily sold online.
16.07 / 21:49
Twitter
Aware
Racing
Tour de France 2023: Fan looks to take selfie, causes huge crash
Tour de France 2023 fan, who was looking to take a selfie, has led to a crash on stage 15, involving around 20 riders. The handlebars of Team Jumbo-Visma rider Sepp Kuss were knocked by a spectator, who was holding a phone. The mishap happened when about 125 km were remaining.
16.07 / 20:11
Target
Aviat
Aware
Mobile
Electricity assets worth ₹15K cr set for monetization
NEW DELHI : The Union power ministry aims to raise around ₹15,000 crore through asset monetization in FY24, close to the previous year’s target of ₹15,308 crore, a person aware of the development said. However, the government could raise only around ₹9,400 crore in FY23. “The ministry is likely to target ₹15,000 crore worth of asset monetization this year.
16.07 / 20:11
COST
UPS
BLOCK
Progressive
Aware
prevention
Big tender for train crash prevention system soon
NEW DELHI : Indian Railways is preparing to purchase Kavach automatic train protection (ATP) systems at a cost of ₹5,000 crore following the triple-train crash in Odisha’s Balasore that killed nearly 300 people, two people aware of the matter said. Two tenders for Kavach covering a total of 12,000 kilometres (km) will be issued within a year against a tender for 3,000 km that was issued in 2021, the people said on condition of anonymity. Kavach prevents head-on crashes even if the train pilot fails to see and act on signals.
16.07 / 20:11
16.07 / 19:21
UPS
Target
Booking
Aware
As demand picks up, Bajaj plans to increase triumph output
Bajaj Auto has asked its motorcycle part suppliers to prepare for doubling production for the newly launched Triumph range of motorcycles following a better-than-expected response to the Speed 400 and Scrambler 400X models, multiple people aware of the company's plans said.Bajaj Auto has received over 15,000 bookings since the launch and counting. The ramp-up plans suggest that the company is striving to touch volumes of around 40,000-45,000 units in the current fiscal year and 100,000-120,000 units in the next fiscal year.
16.07 / 15:23
UPS
IPO
Provident
Aware
Manufacturing
Pool
Flair Writing Industries files ₹745 crore IPO to fuel growth and dominate global market
₹745 crore through an initial public offering (IPO). The company plans to use the proceeds of the IPO to set up a new manufacturing facility, fund its capital expenditure, and expand its distribution network. Flair Writing Industries is a well-established company with a strong track record of growth.
16.07 / 13:39
FIVE
Aware
RIG
BJP predicts collapse of Mamata government in coming months, TMC refuses to give importance
Trinamool Congress in West Bengal, the BJP on Sunday said the collapse of the Mamata Banerjee government was just a matter of time. Speaking at a party programme in his Bongaon Lok Sabha constituency in North 24 Parganas district, BJP MP Shantanu Thakur said the TMC government will not last beyond five months. «I have a hunch that this government will not last beyond five months,» he said.
16.07 / 13:39
UPS
Aware
Merit
Platform
Fighting
Congress has 'unique position' in Oppn ranks, leader of anti-BJP bloc will emerge in due course: P Chidambaram
P Chidambaram on Sunday exuded confidence that the Opposition, by staying united, can certainly challenge Prime Minister Narendra Modi in the 2024 Lok Sabha polls and asserted that the leader of the anti-BJP bloc will emerge in «due course». In an interview with PTI, Chidambaram said the Congress has a «unique position» in the ranks of the opposition parties but there was «no need to talk about it now».
16.07 / 12:57
FIVE
Aware
RIG
BJP predicts collapse of Mamata govt in coming months, TMC refuses to give importance
Trinamool Congress in West Bengal, the BJP on Sunday said the collapse of the Mamata Banerjee government was just a matter of time. Speaking at a party programme in his Bongaon Lok Sabha constituency in North 24 Parganas district, BJP MP Shantanu Thakur said the TMC government will not last beyond five months. «The Mamata Banerjee government has outlived its utility.
16.07 / 12:57
UPS
Aware
Platform
Action
Fighting
Remark
NOT
Not just this month, here's how to be a better ally to your LGBTQIA+ colleagues throughout the year
While many Indian companies now claim to offer a safe and inclusive environment, various conscious and unconscious biases can still exist at work. And that’s exactly where the role of an ally comes into play. You have to closely listen to the concerns of people from this community and help their voices reach the right platforms.
16.07 / 09:37
UPS
Digital
Aware
CEO
Platform
Parke
park
Learner’s Park; Digital activeness best thing about today’s education system, says Arun Singh Tanwar
Arun Singh Tanwar, founder, CEO, Get Together Finance (GTF), shares his views on opportunities and challenges of the Indian education system with FE Education Online.
16.07 / 09:37
UPS
Aware
DICGC asks banks to display its logo, QR code on their websites
Deposit Insurance and Credit Guarantee Corporation (DICGC) has asked allbanks to prominently display its logo and QR code on their websites and internet banking portals by August 31 with a view to create awareness about the deposit insurance scheme.
16.07 / 08:27
COST
Provident
FIVE
Aware
CEO
Align
safe
Option
Is Buy Now Pay Later the safe option for you? 5 things to consider
The rise of ‘Buy Now Pay Later’ (BNPL) services has revolutionized the way consumers make purchases, offering the allure of immediate gratification without upfront costs. Recent data indicates a significant increase in BNPL’s share of e-commerce transactions globally, rising from 0.4% in 2016 to 1.6% in 2019 and reaching 3% in 2021. This trend has propelled the global BNPL market size, which is now projected to reach an impressive $596.7 billion by 2026. In India, the BNPL sector is moving at 65% YOY growth and is expected to attain a valuation of $40 billion by 2025.
16.07 / 01:07
Provident
Digital
Aware
Manufacturing
CEO
Chip shortage hits issuance of smart driving licences, registration cards
semiconductor chips continues to impact the issue of chip-baseddriver’s licences and automobile registration cards, to the frustration of new vehicle owners. During most of 2022 and the beginning of 2023, disruption in the supply chain and the Russia-Ukraine war caused a shortage of chips that meant that smart drivers’ license were not issued, said Pethi Sarguru, CEO of Versatile Card Technology( VCT) one of the largest manufacturers of smart cards used for PAN cards and voter IDs. Tenders for manufacture of these smart documents are yet to be floated in multiple states, said several persons aware of the situation.
15.07 / 19:17
COST
Aware
Career
Horoscope Today: Money astrological predictions for 16 July 2023
Ganesha says if you have been planning to relocate for some time or are reconsidering before committing to a property. Then you will get success. There will be a good atmosphere in the house if there is any good news from the children as well.
15.07 / 12:51
UPS
Provident
Aware
Google
PEP
Former X Factor contestant Lucy Spraggan shares harrowing experience of sexual assault during show
Lucy Spraggan, a former contestant on the popular talent show X Factor, has bravely come forward to reveal that she was sexually assaulted by a hotel porter during the production of the show in 2012. In her newly released memoir titled «Process: Finding My Way Through,» Spraggan sheds light on the devastating impact the assault had on her life over the past decade, expressing a sense of betrayal by ITV, the network behind the show. Spraggan recounts that the rape occurred after a night of celebrating fellow contestant Rylan Clark's birthday at the Mayfair nightclub Mahiki.
15.07 / 11:11
UPS
Citi
Twitter
Aware
MotoGP Bharat announces multiple city event Road to MotoGP
MotoGP Bharat has announced a multiple city event ‘Road to MotoGP’. As per the company, the event would cover leading cities across the country and reach out to biking enthusiasts, biker groups and among others to celebrate the spirit of motorcycling. Moreover, the event will also scout for talent and create association with young aspiring riders to take up the sport professionally.
15.07 / 03:47
IPO
Provident
Aware
Drop
IPOs
rights
Cos planning IPOs told to drop director nomination rights
Securities and Exchange Board of India (Sebi) is asking companies planning initial public offers (IPOs) to remove director nomination rights provided to promoters and investor shareholders from the articles of association. They have to instead seek shareholder approval for such rights after listing, said sources aware of the development. The move is aimed at strengthening corporate governance.
15.07 / 02:55
Cooper
Aware
Action
Strategy
Parke
India, France seek to build balanced and stable order in Indo-Pacific
India and France on Friday said that they believe in free, open, inclusive, secure and peaceful Indo-Pacific regions. The two nations noted that they seek to secure economic and security interests and build a balanced and stable order in the region. The two nations have released India-France Indo-Pacific Roadmap.
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