Aware Financial News

Axis Bank, has taken on lease two floors in Macrotech Developers’ commercial tower in Mumbai’s Lower Parel to set up its head office, people aware of the development said. The company’s headquarters — currently in Wadia International Center on Worli’s Budhkar Marg — is expected to be shifted to this place soon, in line with its expansion and consolidation plan. “Axis AMC is likely to consolidate some of its existing Mumbai offices that support a few key functions in this newly leased space,” one of the persons cited earlier said, adding that the company has leased more than 63,000 sq ft of office space in ‘One Lodha Place’ for more than nine years. The company will be paying a monthly rent of Rs 1.2 crore for the office space spread over the 22nd and 23rd floors of the 39-storey tower, the sources said, adding that the space has already been handed over to the new tenant for fit-out work. Queries sent to Axis AMC and Lodha remained unanswered till as of press time. Transaction advisor JLL India declined to comment.

R K Pachauri, former director of The Energy and Resources Institute, «physically as well as emotionally blackmailed» his assistant, then a 29-year-old woman, according to an Industrial Tribunal that has upheld a TERI internal panel's indictment of Pachauri in 2015. «Pachauri was at a very good position and should have been extra vigilant in his conduct. He should have been setting example in the institution, but to the contrary, he had rather violated the dignity of the woman by committing sexual harassment, which cannot be ignored by the court and cannot be endorsed,» the tribunal said in its order earlier this week.

Ganesha says you will make some resolutions to maintain a better standard of living and you will be successful in it. Spending time with like-minded people will give you a positive outlook. Students should believe in their own competence.

NEW DELHI : The Institute of Chartered Accountants of India (ICAI), which selected the financial statements of 101 companies for review in the 12 months to February 2023, will complete the process in a few months, said the chief of the accounting rule maker and audit self-regulator. The exercise will serve as a test of the robustness of statutory auditing at companies.

Go First have raised concern over the order of the Delhi High Court which restricts the airline from removing any parts from the aircraft it intends to operate. The lessors own the aircraft but are now stuck as a bankruptcy court has put a ban on recovering the aircraft due to ongoing insolvency process. The committee of creditors had earlier approved funding of Rs 425 crore, but are apprehensive that such a requirement will be a hindrance to do business.

British actor James Norton, known for his roles in Happy Valley and McMafia, has opened up about his experience managing diabetes during a recent theatre performance of the play A Little Life. Norton, who plays the lead role of Jude, revealed that he relied on glucose shots and hidden food on stage to control his blood sugar levels throughout the demanding three-and-a-half-hour show. Norton has been diagnosed with diabetes type 1, a condition that requires constant monitoring of blood sugar levels.

In the ever-evolving world of mutual funds, investors often grapple with a query – when is the perfect time to sell? But more than worrying about the perfect time to sell, investors should rather focus on maximising tax savings and investing in the right funds or schemes for the long term to let the power of compounding work.  

It is common knowledge that India is one of the highest consumers of gold, particularly in the form of jewellery. Since gold in its raw form is too delicate, it is always alloyed with some other metal for the purpose of jewellery making. This alloying of gold also makes the public extremely vulnerable to excessive adulteration which cannot be easily detected. Adulteration of gold is also not a new subject. Consumers are well aware of such pitfalls. However, they have no option other than trusting the words of a jeweller.

Senior officials of the Department of Pension & Pensioners’ Welfare (DoPPW) under the Union Personnel Ministry has conducted an outreach programme with a pensioners’ association here aimed at enhancing their ease of living, according to an official statement issued on Saturday. The DoPPW has been holding awareness programmes for pensioners in online mode as well as through interactive meetings to dispense information and also to understand issues faced by pensioners as well as dwell on any suggestions forwarded by them.

In an increasingly digitized world, where cashless transactions are promoted and are widely popular, one may safely assume that the threat of fake currency has long passed. However, the reality is far worse than one could imagine. Counterfeit currency was and continues to be one of the most pressing issues in the modern interconnected world, impacting the integrity of financial systems, stability of the economies, and daily life of ordinary individuals.

dog owner and residents inside a lift in a housing society in Noida has gained significant attention on social media. Several Twitter users have shared the short clip, fueling a lively debate among online communities. In the 40-second video, a woman can be seen engaged in a dispute with fellow residents regarding her pet dog's lack of a muzzle.

Anuppur district, a 55-year-old man named Janardhan Singh lost his life when he approached a herd of wild elephants under the influence of alcohol. Eyewitnesses reported that Singh, allegedly in an inebriated state, ventured too close to the tuskers last Tuesday. Unfortunately, one of the elephants became agitated and attacked him, causing fatal injuries.

mental health and sleep hygiene. Psychiatrist Professor Gold from Washington University School of Medicine has explained to CNN that, while it can be acceptable to indulge in a day of Bed Rotting if necessary, it is important to be aware of the reasons behind it and to balance it with other coping strategies.  Bed Rotting is characterised by immobility and less activity compared to a typical lazy day, where individuals can still engage in enjoyable activities and spend time with loved ones.

Narendra Modi on Saturday met Kamisetty Venkat, an autistic singer, in Warangal. Prime Minister Modi said Venkat was a powerhouse of talent, who did not let his disbility affect his dream of pursuing a career in singing. «The phenomenal Kamisetty Venkat is a powerhouse of talent and youthful energy.

The robo-debt royal commission rejected the oral evidence of a PwC partner who testified he could not recall if the firm was preparing a report about the scheme for the Department of Human Services.

cost-conscious market. The share of the Rs 7.5-25 lakh price segment is currently the largest at 67%. Within this, the Rs 7.5-12.5 lakh price band, at 42%, is the biggest, according to Jato Dynamics data.

The US Securities and Exchange Commission has claimed that Coinbase was aware of a potential securities breach when it listed some cryptocurrencies. 

Information Technology (MeitY), seeking a ban on more than 100 gambling or gaming and loan-providing apps that are allegedly engaged in money laundering and pose a threat to the financial security of the country. The Economic Offences Unit of the Bihar Police recently approached MeitY, urging it to ban more than 100 such apps, a senior officer said on Saturday. «The decision was taken after confirming that these apps attract Section 69 of the Information Technology (IT) Act as they contain materials which are prejudicial to the sovereignty and integrity of India.

United Nations summit on Friday that they could eventually run the world better than humans. But the social robots said they felt humans should proceed with caution when embracing the rapidly-developing potential of artificial intelligence. And they admitted that they cannot — yet — get a proper grip on human emotions.

By Mayank Bhardwaj and Sumit Khanna

Delhi High Court rejected PepsiCo Inc's appeal against an order that revoked a patent for a potato variety grown exclusively for the New York-based company's popular Lay's potato chips. The Protection of Plant Varieties and Farmers' Rights (PPVFR) Authority in 2021 revoked intellectual protection granted to PepsiCo's FC5 potato variety, saying that India's rules do not allow a patent on seed varieties. The authority removed PepsiCo's patent cover after Kavitha Kuruganti, a farmers' rights activist, argued that the company cannot claim a patent over a seed variety.