Aware Financial News

Chandrayaan-3 was successfully launched using the GSLV Mark 3 (LVM 3) heavy-lift launch vehicle from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. Here are the top ten developments. 1.

India and France as a symbol of deep trust, Prime Minister Narendra Modi has said that the two nations want to co-develop and co-produce defence technology not just for domestic requirements but to export to friendly nations as well. The PM said that France was a natural partner for India's journey towards becoming a developed nation and a roadmap for strategic partnership for the next 25 years would be established. In a statement issued to the media before bilateral talks, the PM referred to joint production initiatives.

BYD and Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) have submitted a joint proposal for setting up a 10,000-15,000 unit four-wheeler making factory in Hyderabad. According to officials aware of the development, the investment will be close to $1 billion and proposals have been pitched to the Department for Promotion of Industry and Internal Trade (DPIIT). «Investment for the project is going to be made by Megha while the technology and knowhow will come from BYD,» one of the persons associated with the plan told ET, adding that equity structure of the joint venture and mechanisms to send back royalty to BYD are being deliberated.Olectra Greentech, a unit of MEIL has already developed electric buses with technical support from BYD.

Kiren Rijiju on Friday announced that instruments for extensive weather reading and three large Doppler Radar stations will be installed in Arunachal Pradesh soon. Chairing a day-long farmers awareness programme, Union Minister of Earth Sciences said that the installation of the instruments would result in accurate weather forecasts in the state which would directly benefit the farmers to plan their agricultural activities for maximising productivity and minimising losses. He urged the farmers to increase agricultural productivity by using scientific applications. The minister, who represents the Western Parliamentary constituency in the state, informed that since climate is an important factor in everyone's lives and the fast-changing climate due to global warming is going to have an impact, all need to change lifestyles and respond to it scientifically. He appealed to the farmers to take full advantage of the programme.

artificial intelligence (AI), crypto and metaverse are the buzz words.Nithin Kamath said a simple two-factor authentication reduces the odds of being a victim of cyber fraud significantly. Under the two-factor authentication, the first factor in a login is a password, but it has the risk of being easily compromised. The second is an additional factor to secure your account, which has biometric authorization, TOTP (time-based expiring codes) etc.

Alzheimer's disease is often thought of as a condition that only affects the elderly. But around 3.9 million people worldwide aged 30-64 live with young-onset Alzheimer's disease — a form of dementia in which symptoms appear before the age of 65. English journalist and broadcaster Fiona Phillips, 62, recently revealed that she'd been diagnosed with it.

First off, it is not unusual. In fact, there is a term for such employees: “boomerang”. A majority of employers have in the last few years become open to the idea of hiring boomerang employees. According to a report by LinkedIn, these employees “amounted to 4.3% of all job switches” in 2021. So, you can undoubtedly consider joining the boomerang bandwagon. Now, the question is will the organisation welcome you back with open arms? It depends on how you left your job. Did you gracefully exit or did you leave your job abruptly on a bitter note? If the equation between you and the organisation and the people there is fine, sure, you can approach your previous bosses more easily. Having said that, before you knock on their doors, there are a few pros and cons of returning to your previous job.

Edtech startup Byju's yesterday appointed former Infosys CFO and board member T.V. Mohandas Pai and former State Bank of India chairman Rajnish Kumar to its board advisory council (BAC) -- a newly constituted body to advise its founders on governance, after half of the startup’s board quit enmasse last month.

Upbit, South Korea’s biggest crypto exchange, has published a full, translated text of the EU’s MiCA crypto regulation laws, a suggestion that Europe’s new rules could be impacting other nations.

NARCL) takeover of the distressed Dharani Sugars & Chemicals account has been stalled as the government has refused to recognise the structure proposed by the bad-loan bank, three people aware of the issues said. The structure proposed by NARCL envisaged the creation of two trusts one of which is to exclusively deal with payments to State Bank of India (SBI) because the country's largest lender had exclusive security over some assets of Dharani. «SBI has some exclusive security in lieu of the loan they had given so they wanted some extra payments post recovery.

government has finally renewed its federal guarantee to National Asset Reconstruction Company (NARCL), making it easier for the entity to acquire bad loans from lenders. The approval of the guarantee, which had expired last fiscal, means state-backed NARCL can finally take over bad debt from banks, starting with Delhi-based engineering, procurement and construction (EPC) company SPML Infrastructure. This deal could be signed as early as next week, people familiar with the process said.

Aware Super has made its first data-centre play, cutting a $US500 million ($746 million) cheque to buy a stake in Switch after it was taken private by IFM Investors and NYSE-listed DigitalBridge for $US11 billion in December.

Rashmi Housing, while the company was still undergoing the Corporate Insolvency Resolution Process (CIRP), sold 82 apartments in the company’s projects in contravention of the law. The tribunal has now set aside the sale of these 82 flats and has also imposed a fine of Rs 3 lakh on each of the promoters. Finance Advisors & Managers and Vista ITCL, formerly an IL&FS trust company, had taken the developer Rashmi Housing to the National Company Law Tribunal (NCLT) following its default in payments. The NCLT had admitted the company under insolvency and had appointed OP Agrawal as the interim resolution professional to take over the operations of the defaulter company in 2018 while suspending its directors and intimating them about implications of the moratorium under the code. In February 2019, one of the employees of the company had requested the resolution professional through an email to authorise the suspended directors to sign pre-CIRP sale agreements. In response to the said email the resolution professional held that permission for agreements related to the pre CIRP period will be required to be put before the COC.

Ganesha says through your positive and balanced thinking, problems that have been going on for some time can be solved. You will be able to focus on your tasks with a renewed energy. If there is a court case proceeding, the decision is likely to be in your favour.

India is governed by the Rule of Law, right? We have laws made by a democratically elected Parliament and an independent judiciary that decides on disputes in accordance with laws framed by Parliament. But do these two factors constitute the totality of the Rule of Law? The legal process in India is often protracted. High pendency of cases is both a symptom and a cause.

New Delhi: David Bridger, UNAIDS country director for India, on Thursday expressed confidence that India has the potential to achieve the end of the AIDS epidemic as a public health threat. He emphasized the need to capitalize on the progress made thus far, saying that India has the opportunity to eradicate AIDS if efforts are sustained. Bridger’s remarks come in response to a new report released by UNAIDS titled ‘The Path that Ends AIDS’, which underscores the political and financial choices involved in ending AIDS and highlights the remarkable achievements of countries and leaders who have pursued this path.

personal loan approval is your credit score. Lenders factor in credit score to assess your credibility and examine the risk linked with lending to you. A score of 750 and above usually enhances your chances of availing a personal loan approval at a lower interest rate and suitable terms and conditions.

London police say there's no evidence that a BBC news anchor who allegedly paid a teenager for sexually explicit photos committed a crime

A caffeinated energy drink being promoted by American social media influencers is set to be recalled in Canada

Stocks that were in focus on Thursday include names like Zomato (which rose more than 6%), Tanla Platforms (that gained more than 4%) and Tejas Networks (that hit a fresh 52-week high, gaining more than 11%). We have collated a list of three stocks that either hit a fresh 52-week high or saw a volume or a price breakout. We spoke to analyst Viraj Vyas CMT on how one should look at these stocks the next trading day entirely from an educational point of view.Here’s what Viraj Vyas CMT, CFTe (Technical & Derivatives Analyst) Institutional Equity, Ashika Stock Broking Limited has to say: Zomato Zomato, which has been in a downtrend since November 2021, recently showed signs of a potential reversal.

Newton Investment Management boss Euan Munro wants to expand the asset manager’s multi-asset and brand awareness in key North American markets as part of a push to grow the firm's global reach.