Aware Financial News
03.09 / 06:36
markets
IPO
Aware
wellness
Experts
recommendations
rights
Why SME IPO investors need to tread carefully? Neeraj Dewan explains
«So, some will burn their fingers and some, based on the awareness exercise, will become aware and start investing in more high-quality names rather than investing in any other second IPO which is coming,» says Neeraj Dewan, Market Expert. Let us get a comment from you also going on this SME hullabaloo. Some are calling it casino, some are calling it gambling den, some are calling in Hindi juye ka adda. What is happening there? Neeraj Dewan: Definitely the kind of frenzy which is there and we have seen these cases of small companies getting 100x, 200x, 400x kind of subscription amounts. So, one has to be careful, but what can be done according to what I understand is that there should be some awareness exercise which can be initiated, whether it is the regulator or whether it is the market experts, whether it is the media channels.
03.09 / 03:10
Aware
Gap
Mobile
PwC
wellness
Experts
prevention
Crisis consultants in demand as regulatory run-ins rise
Mumbai: The demand for ‘crisis consultants’ is on the rise, as companies scramble to address regulatory diktats, cybersecurity scares and climate events, according to consultants and lawyers who spoke with Mint. A person from a Big 4 consulting firm, who requested not to be named, said the firm is looking to have close to 2,000 people in its crisis team, more than double the current strength. Experts said that the time to resolve a crisis has shrunk from three-four weeks to a few days currently, as teams have access to AI and data solution methods for quick resolution.
03.09 / 01:06
markets
Target
Booking
Aware
CEO
Strategy
Mobile
Mahindra rolls out ₹1.5 lakh discount on Thar after Thar Roxx launch
₹1.5 lakh on its popular three-door Thar SUV model, just weeks after the launch of its larger sibling, the five-door Thar Roxx. The move is meant to maintain the sales momentum for the Thar, particularly as potential buyers may be swayed by its overlapping price points with the Thar Roxx, two people aware of the development said.
02.09 / 16:15
Digital
Aware
WhatsApp
Highways
country
Department
Labour ministry tells all government departments to register their unorganized workers on the e-Shram portal at the earliest
ministry of labour and employment has reached out to several ministries including the ministry of panchayati raj (MoPR), ministry of health and family welfare (MoHFW) and the ministry of rural development (MoRD) among others to register the unorganised workers under their ambit on eShram portal, at the earliest. The drive to fast-track onboarding of unorganised workers on the portal is being done as the ministry develops the e-Shram portal as a one-stop solution to extend all scheme benefits to these workers. The portal has over 300 million unorganized workers registered till date since its launch in 2021. The ministry had initially estimated 370 million unorganised workers in the country.
02.09 / 15:15
Target
Aware
WhatsApp
President
fun
innovations
"Used to paint diyas...": PM Modi remembers BJP’s humble start at 'Sadasyata Abhiyan' launch
Modi on Monday shared a nostalgic reflection on the BJP’s rise from its humble origins at the launch of the BJP's 'Sadasyata Abhiyan' 2024 in Delhi. Speaking with deep emotion, Modi reminisced about the early days of the Bharatiya Jana Sangh and the relentless spirit of its workers. “When I was not in politics, at the time of Jana Sangh, our workers used to paint 'diya' (symbol of Jana Sangh) on walls with enthusiasm,” Modi recounted. “Leaders of several political parties used to mock us, saying that one cannot reach the corridors of power by painting 'diyas' on walls. We are those who painted 'lotus' on walls with such confidence that we knew, one day the 'lotus' painted on walls would be painted on the hearts of the people.” Modi highlighted the scorn faced by the party during its early years. “Some people have been making fun of us. When we had just two members in Parliament, we were mocked. Some people's character is such that they believe belittling others makes them appear significant,” PM Modi said.
02.09 / 01:02
markets
UPS
Provident
Aware
security
show
Fund houses to ask Sebi to cut maturity time for AT-1 bonds
Mutual funds plan to request the Securities and Exchange Board of India to relax maturity norms for additional tier-1 bonds to encourage fund houses to invest in these relatively high-yielding debt instruments that banks issue to shore up equity capital. «The Securities and Exchange Board of India (Sebi) has provided some leeway when it comes to the valuation norms for AT-1 bonds but the maturity requirement of 100 years for such instruments continues to be a hurdle for mutual fund investments. Talks have been ongoing between mutual funds and the regulator and a committee from the Association of Mutual Funds in India (AMFI) will suggest bringing down the maturity from 100 years to closer to the call option,» a source aware of the developments said.
01.09 / 20:52
Aware
Racing
President
track
Sporting
athletics
Antil, the gold standard
And before it could sink in, she was screaming again, “He has broken it again.” Malik was talking about Sumit Antil, who broke his own world record in javelin throw (F64) three times in 45 minutes to win gold at the Tokyo Paralympics in 2021. Last year, he set a new world record with a 73.29m throw to win gold at the Hangzhou Asian Para Games. Antil now aims to repeat the ‘world record-gold medal’ double at the Paris Paraplympics. Expectations will be high when enters the Stade de France tonight for the final. “He is going for gold. And perhaps with a world record throw,” said Satyanarayana Shimoga, head coach of the Indian track and field team.
01.09 / 16:59
UPS
Aware
Actor
Justice
reports
Investigations
No idea about Hema committee; related demands: Rajinikanth
Rajinikanth on Sunday said he was not aware of the Justice K Hema Committee and demands to set up a similar panel in Tamil Nadu. When reporters asked him about the panel of the neighbouring state and several people demanding setting up in Tamil Nadu a panel like the Kerala's Justice Hema Committee, he told reporters: «What? I am not aware of it, sorry.» The Justice Hema committee was constituted by the Kerala government after the 2017 actress assault case. Last month, a redacted version of the Justice Hema Committee report on harassment faced by women in the Malayalam cinema industry was made public. It contains shocking accounts alleging harassment, exploitation, and ill-treatment of women professionals. The 235-page report, published after redacting the names of witnesses and the accused, notes that the Malayalam film industry is controlled by about 10 to 15 male producers, directors, and actors who dominate and exert control over the industry.
31.08 / 10:12
UPS
Aware
wellness
stage
reports
International
Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital
BENGALURU : Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its core supply and marketplace teams, two people aware of the development told Mint. The Bengaluru-based firm is looking to claw back profits to pay off liabilities including salaries of current and former employees as well as vendor payments as it scouts for capital to survive, they added, requesting anonymity. In May, Mint reported that Dunzo was in the final stages of closing a funding round of $22-25 million in a mix of equity and debt from a clutch of new and existing investors, attempting to “find safety for the company into perpetuity".
31.08 / 06:59
Aware
Trade
performer
dance
orchestra
stars
Odisha's new excise policy allows musical performance, orchestra in licensed liquor shops
musical performance and orchestra in licensed liquor shops in Odisha, an official release said. But no dance performance will be allowed in licensed liquor shops, it said. The new excise policy will be implemented from September 1 «No dance performance will be allowed in any 'ON' shop premises. However, the 'ON' shops may conduct musical performance or orchestra within their licensed premises after obtaining necessary permission under Odisha Excise Rules, 2017,» the new policy released on Friday said.
30.08 / 20:41
markets
UPS
Aware
President
reports
prevention
ICAI council to weigh proposed revamp of audit in sync with global standards
ICAI's) central council will on September 17 deliberate on a proposed revamp of domestic audit standards in sync with global norms, as it fears the plan could impact small and mid-sized audit firms. «It is a larger issue and it has to be debated,» ICAI president Ranjeet Kumar Agarwal said on Friday. The National Financial Reporting Authority (NFRA) has firmed up draft norms to overhaul the extant Standard on Auditing (SA) 600. The revised standard will apply only to listed companies and banks, barring the state-run ones.
30.08 / 16:09
markets
Reuters
Aware
Mobile
Parke
WhatsApp
recommendations
Indian banks' body to seek easing of proposed norms for retail deposits, sources say
Indian Banks' Association is likely to ask the central bank to reduce the amount of additional funds lenders will need to set aside against some retail deposits and also seek a delayed and gradual implementation of the proposal, seven sources told Reuters. The Reserve Bank of India in July proposed an additional 5% 'runoff' requirement on retail deposits enabled with internet and mobile banking facilities to bolster the liquidity resilience of banks. The RBI had sought feedback on the proposal until Aug. 31, after which it would finalise them for implementation from April 2025.
30.08 / 16:00
Provident
Aware
Trade
stage
SOL GameFi First, Mega Dice Last Chance to Buy in Presale Before Final Price Increase
SOL GameFI breakout token $DICE, issued by established top casino Mega Dice, provides its last chance to buy cheap before the final presale price increase in four days.
30.08 / 07:22
Aware
Discover
students
rock
reports
Colleges
Investigations
Hidden camera found in girls hostel in Andhra Pradesh; Midnight protests rock college campus after details emerge
Andhra Pradesh late on Thursday night, after students discovered that hidden cameras were installed in the girls hostel on campus. According to TOI, a private engineering college based in Gudivada of the Krishna district in Andhra Pradesh was in uproar as students alleged that a fourth year student was involved in the crime. The accused reportedly sold the footage extracted from these cameras to boys.
29.08 / 14:56
Aware
students
Celebrity
shock
recommendations
Equality
Jennifer Lopez and Ben Affleck may not have had a prenuptial agreement, but you should consider one
One surprising thing about Jennifer Lopez’s split from Ben Affleck is that her divorce petition did not include any mention of a prenuptial agreement
29.08 / 08:15
UPS
Aware
Action
Simulation
reports
Department
Operation Bhediya: How UP govt captured the man-eater wolf that killed 7 children in Bahraich
wolf involved in attacks that killed at least eight people, including seven children and a woman, in Uttar Pradesh's Bahraich district has been captured. The wolf, part of a pack of six, has been taken to a zoo following a successful operation by forest officials.
29.08 / 08:10
Provident
Aware
CEO
Platform
security
Mobile
WhatsApp
AI solution comes to the rescue of urban poor looking for a job
Vahan.ai to provide jobs to the blue-collar workforce. Madhav Krishna, CEO & Founder of Vahan.ai, says the company assists the urban poor in finding gig jobs, often within 48 hours of registration on their app. The Vahan app offers solutions through its AI-powered bot. “Once the job seeker has applied via the app, the AI recruiter calls them and helps them through the application process, helping them seamlessly onboard the platform. In some cases, individuals have managed to even secure a job within 8 hours of downloading the mobile application,” he says. Krishna gives an example of a man named Prasad who lost his job and found Vahan.ai through a WhatsApp job post shared by a friend. “He was onboarded on Vahan.ai and placed in Zepto, a grocery delivery platform, within a day of reaching out. He began working as a full-time delivery executive,” he says.
29.08 / 07:54
MET
Aware
Action
Strategy
Election
Smriti Irani praises Rahul Gandhi? Says his politics is changing, not childish, points tactics like white t-shirt, Miss India comments
Smriti Irani shared her insights on Congress leader Rahul Gandhi's evolving political strategies. She suggested that Gandhi believes he has «tasted success» and is now engaging in a different style of political maneuvering. Irani pointed out that when Gandhi discusses caste issues or appears in Parliament wearing a white T-shirt, he is fully aware of the message it conveys to the youth.
28.08 / 23:34
27.08 / 20:25
UPS
Digital
Aware
Highways
Interface
reports
Govt to digitize land acquisition process for coal mines as Net Zero looms
New Delhi: The government plans to launch a dedicated portal for land acquisition for coal mining, said two people aware of the development, citing the biggest pain point in India’s push for the fossil fuel. The coal ministry portal will digitize records in the land acquisition process, including approvals for acquisitions and disbursal of compensation to the displaced. "The land acquisition process will be completely digitized now with the 'Coal Land Acquisition and Management Portal, CLAMP'.
27.08 / 18:41
markets
UPS
Provident
Aware
show
International
Shiba Inu Is Up 80% YoY But Slumped On International Dog Day. What’s Happening?
The price of Shiba Inu has fallen by 4% today, with its decline to $0.00001445 coming as the cryptocurrency market as a whole weathers a 3% drop in the past 24 hours.
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