Aware Financial News
12.07 / 08:15
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London Underground
Tube strikes: July dates and lines affected by London Underground walkouts
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12.07 / 05:35
UPS
FIVE
Man
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Career
Novak Djokovic ties Roger Federer with 46 Slam semifinals and meets Jannik Sinner next at Wimbledon
Djokovic pursues more history-making victories and more milestones, he is well aware that every opponent he faces would love nothing more than to stop him. «I know they want… to win. But it ain't happening, still,» he told the crowd at Wimbledon on Tuesday after reaching a 46th Grand Slam semifinal to tie Roger Federer's record for men.
12.07 / 05:25
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Career
Software
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MAT
ISKON bans Amogh Lila Das for critisicing Vivekananda for ‘eating fish’. All you need to know about controversial monk
The International Society for Krishna Consciousness (ISKCON) has announced a ban on monk Amogh Lila Das due to his controversial remarks about Swami Vivekananda and Ramakrishna Paramahansa. In a viral video clip, Das criticised Swami Vivekananda for eating fish, asserting that a virtuous person would never harm a living being. He also made sarcastic comments about Ramakrishna's teaching of "Jato Mat Tato Path" (as many opinions, as many paths), implying that not all paths lead to the same destination.
12.07 / 04:35
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Citi
Provident
Waters
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Action
Time
Raging Yamuna nears all-time record level in Delhi
Yamuna river in Delhi swelled to 207.25 metres and was flowing precariously close to the all-time record level of 207.49 metres reached in 1978, government agencies said on Wednesday. According to the Central Water Commission's (CWC) flood-monitoring portal, the water level at the Old Railway Bridge crossed the 207-metre mark at 4 am, the first time since 2013, and rose to 207.25 metres by 8 am on Wednesday. It is expected that the river will rise to 207.35 metres by 12 noon on Wednesday and continue to rise further, an official of the irrigation and flood control department said.
12.07 / 03:25
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Lowe's
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Orange
National
Warning
Delhi floods: Yamuna water level surpasses warning mark, national capital on high alert
Also read: Slum dwellers evacuated as Yamuna crosses danger mark in Delhi after rains The India Meteorological Department (IMD) issued an 'orange alert' for Delhi. The water level of the Yamuna River has surpassed the danger mark of 205.33 meters. The incessant rainfall in Delhi and the surrounding regions has caused the river to rise significantly.
12.07 / 01:35
COST
UPS
FIVE
Aware
Manufacturing
HON
Foxconn looking to set up 4-5 fab lines in India
Foxconn has told the government it wants to set up at least four to five semiconductor fabrication lines in India, people aware of the development told ET. Foxconn said it was “working toward submitting an application” under the India Semiconductor Mission in a separate statement on Tuesday.
12.07 / 00:51
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Aware
Gap
week
SBI to sell up to Rs 10,000 crore of AT-1 bonds this week
State Bank of India, the country's largest mass lender, is set to raise up to ₹10,000 crore of funds through the issuance of additional tier-1 bonds this week.SBI's AT-1 bond sale is likely to have a base size of ₹3,000 crore and a green shoe option of ₹7,000 crore as the bank looks to raise capital amid strong credit growth, sources aware of the development said. Bidding for the bond sale is seen taking place from 10:30 to 11:30 am on July 13.
12.07 / 00:03
COST
UPS
Citi
Provident
Aware
Manufacturing
World Paper Bag Day 2023: Date, theme, history, significance and other important details
Few years back, plastic bags were everywhere, from grocery stores to retail businesses, but as they pose significant threat to our beloved mother Earth, a strong movement gained momentum against the uses of plastic bags as they not only take hundreds of years to decompose but also cause harm to wildlife, pollute oceans and landscapes causing long-term damage to our ecosystems. The movement promoted eco-friendly alternatives to plastic bags. Here comes the eco-friendly Paper Bags manufactured from sustainable materials and are simple to recycle. They provide a green option for carrying and packaging goods.
11.07 / 20:49
Provident
Digital
Aware
Platform
Amit Shah to address inaugural session of G20 meet on crime, security on 13 July
New Delhi: Union Home Minister Amit Shah will address the inaugural session of the G20 conference on crime and security to be held in Gurugram on July 13, the ministry of home affairs said in a statement. The two-day 'G20 Conference on Crime and Security in the Age of Non-Fungible Tokens (NFTs), Artificial Intelligence and Metaverse' will bring together over 900 participants from member countries, nine special invitee countries, international bodies and technology leaders and domain experts from India and across the world, it added.
11.07 / 20:23
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Discover
stake
With Rs 1,000 cr at stake, Tata Steel moves SC in Bhushan Steel case
Bhushan Steel in 2018, has challenged the Delhi High Court order regarding an avoidance application in the Supreme Court. The division bench stated that Tata Steel cannot benefit from the amounts received, and those benefits of about Rs 1,000 crore should be appropriated to the creditors, according to two lawyers aware of the development. Tata Steel is challenging the January 13 order where the Delhi High Court directed the National Company Law Tribunal (NCLT) to proceed with the hearing of the avoidance application but said the amount recovered can be distributed amongst the secured creditors in accordance with law as determined by the NCLT. The Supreme Court’s decision in this case will have significant implications for the resolution process and the treatment of avoidance transactions in insolvency cases including Srei, which is undergoing in-court restructuring and has reported fraudulent transactions of Rs 13,000 crore. According to a report by the Insolvency and Bankruptcy Board of India, 777 applications regarding avoidance transactions worth Rs 2.2 lakh crore have been filed with insolvency tribunals at various levels until March 2022. The Supreme Court heard the matter on Friday and the next hearing could be after 6-8 weeks, a lawyer said. A Tata Steel spokesperson said that the company has filed a special leave petition (SLP) before the Supreme Court against the Delhi High Court judgment dated January 13, 2023. The said SLP was listed before Supreme Court on July 7, 2023.
11.07 / 19:29
UPS
MAIL
Progressive
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Enterprise
hospital
Asia Health in talks to acquire kidney care hospital AINU
Asian Institute of Nephrology and Urology (AINU), the largest single-specialty kidney care chain in India. AHH is likely to acquire about 70% stake in the hospital chain at a valuation of ₹500-520 crore, said two people aware of the development. Post transaction, the existing management will continue to run the business, said sources.
11.07 / 19:17
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Cooper
Booking
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Chase
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Deloitte
Centre
Centre begins inspection into Byju’s financials
NEW DELHI : The ministry of corporate affairs (MCA) has begun an inspection of the books of edtech firm Byju’s as corporate governance concerns mount following the resignation of its auditor as well as three shareholder directors. MCA has begun an inspection of Think and Learn Pvt.
11.07 / 19:17
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Provident
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BLOCK
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Manufacturing
Railways plans ₹1 tn signal system recast
NEW DELHI : Signalling systems along India’s sprawling rail network will turn fully electronic over the next six years as part of a ₹1 trillion plan to avert the kind of errors that led to the Balasore rail tragedy in June, two people aware of the plans said. The mission mode programme will replace the existing electro-mechanical system with solid-state electronic route relay devices and signals to reduce chances of human error and signalling failures, the people said on condition of anonymity.
11.07 / 19:17
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Extreme
Aware
Horoscope Today: Money astrological predictions for 12 July 2023
Ganesha says planetary position is favourable. Your plans will get a positive direction. So work to the best of your ability with full confidence.
11.07 / 17:25
UPS
Provident
Aware
Remark
Vodafone
‘India can tweak treaties with key countries for quick fixes’
NEW DELHI : India has the mechanisms to tweak bilateral investment treaties for quick resolution of disputes with “strategically important countries", an official aware of the development said, outlining what would mark a significant moderation of New Delhi’s long-held suspicion of such treaties as weighted against it. The official’s remarks come as India parallelly negotiates bilateral investment treaties (BIT)—along with free trade agreements—with the UK and EU, which seek better investment protection and faster resolution of disputes.
11.07 / 17:25
Aware
Enterprise
Adani Enterprises raises ₹1,250 crore via allotment of NCDs; check details
Adani Enterprises announced on July 11 that it has raised ₹1,250 crore through the allotment of non-convertible debentures (NCDs). “We would like to inform that the company has raised Rs. 1,250 crore today i.e.
11.07 / 17:25
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Citi
Provident
Williams
Aware
Career
Rhythm
Bosses Push Back on WFH Die-Hards: ‘They Will Need to Show Up’
Office attendance is slumping again and bosses have a warning: We are a worse company when you stay home. In buildings across 10 major U.S. cities, office occupancy has fallen back below 50% for the past three weeks, according to Kastle Systems, which tracks security swipes into offices.
11.07 / 15:33
UPS
Aware
Biogen
Sarepta
FDA’s OK Isn’t Always a Happy Day for Biotech Investors
Biotech companies often spend years—and millions of dollars—to develop a drug they hope will make it to market. If the day comes when their medicine finally gets regulatory approval, it is usually a cause for celebration by management and employees. Investors should curb their enthusiasm.
11.07 / 15:33
Twitter
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CEO
Pool
Sam
Nuclear startup Oklo to go public in US via Sam Altman's SPAC
OpenAI - the AI startup behind the viral chatbot ChatGPT - co-founded AltC Acquisition Corp, with Churchill Capital in July 2021, and has served as its CEO and chairman of Oklo. The deal comes as climate awareness and investor interest in sustainable business practices have surged with money managers looking to factor in environmental social governance (ESG) policies, according to the report.
11.07 / 14:25
Provident
Aware
Power
Adani Group to offer bids for Anil Ambani-owned bankrupt coal power plants
Bloomberg reported quoting people aware of the matter. Adani Group may face intense competition for Vidarbha Industries Power Ltd which operates 600-megawatt generation facilities in central India, the report added. Adani Group's successful bid for the power plant would add to its expanding portfolio of coal power projects.
11.07 / 05:19
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Maxim
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open
week
NFO Watch: Five new mutual fund offers open this week
sectoral funds, a multi cap fund, an index fund, and overnight fund are open for subscription. After a dry spell for a short period, the NFO market is again showing some signs of revival. Should you invest in these NFOs to maximize the returns from your mutual fund portfolio? First, find out why mutual funds launch NFOs. Mutual fund houses typically launch new schemes because they want to complete their bouquet of offerings or to increase their assets under management. Sometimes, funds may have discovered an interesting theme or idea which they think may offer an opportunity to create wealth. An investor need not bother about fund houses completing their offerings or chasing AUMs. If it’s a unique idea, you should take a closer look.
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