Aware Financial News

Pune Police have detained the father of the minor who is accused in the hit and run case in which two persons have lost their lives. Vishal Agarwal, the father of the teen, has been detained from Sambhajinagar this morning, revealed Pune Commissioner of Police Amitesh Kumar. The father of the accused and the bar which served liquor to the juvenile accused are being proceeded against under Sections 75 and 77 of the Juvenile Justice Act, Kumar added. Two individuals, including a young woman, lost their lives after a luxury car collided with their motorcycle near Kalyani Nagar in Pune in the early hours of Sunday. The deceased have been identified as Anis Awadhiya and Ashwini Costa. The tragic incident occurred at about 3:15 am.

SME IPOs and stocks have been drawing attention of investors and market on the back of significant growth, jaw-dropping returns and lucrative investment opportunities. Investors wish to diversify their portfolio and tap into the potential growth of SME businesses but noticeable trend suggest that they often miss the bus on the SME IPO rally. Kresha Gupta, Director at StepTrade Share Services said that retail investors have a limited portion in the SME IPOs because of their allocation structure.

Bharatiya Janata Party (BJP), has blamed the Aam Aadmi Party (AAP) and the Congress of infiltrating the ongoing protests by farmers in the state. Jakhar, the former Congress leader, has accused the AAP and the Congress of denying the saffron party the right to campaign ahead of June 1 election to 13 Lok Sabha seats of Punjab. Also Read: ‘Narendra Modi can go to any...': AAP writes to Election Commission on graffiti threatening Arvind Kejriwal Farmers are preventing BJP candidates from entering into Punjab villages.

DC Studios and Fathom Events will bring 'Super/Man: The Christopher Reeve Story' to theaters across the U.S. in September 2024, with special showings on two dates.

KKR & Co is all set to sell its education portfolio in India — Lighthouse Learning (formerly Eurokids International). KKR has hired JP Morgan and Avendus to run the sale process, which is expected to be launched by next week, said two sources aware of the development.

Bitgert is fast becoming a household name in the cryptocurrency industry for several reasons. It has changed the structure of the meme coin sector, making it better and more alluring for investors.

Times of India reported an incident in which a girl complained of uncontrollable stomach pains after ingesting smoky paan. What initially appeared to be a fun activity involving liquid nitrogen became a nightmare for the 12-year-old girl. Last month, the girl reportedly developed stomach discomfort after consuming paan and was promptly rushed to the hospital.

Hero MotoCorp and Harley-Davidson Inc are set to expand their partnership to bring more models of the iconic US motorcycle maker to India, riding on the overwhelming response to the X-440, multiple people aware of the negotiations told ET. The two companies are close to finalising an agreement to broaden their existing partnership, which is limited to a single model, the sources said. The pact could also include manufacturing of Harley-Davidson models for export to other markets, they said. An announcement is likely within weeks, they added. Hero MotoCorp and Harley-Davidson did not respond to ET's queries until press time on Sunday.

KKR is looking to acquire a minority stake in the Tandon Group-owned healthcare BPO Infinx Healthcare. The global private equity major is likely to invest about $150 million, or Rs 1,250 crore, to acquire about 26% stake in Infinx, two people aware of the development told ET. «We expect this sector (healthcare BPO) to continue growing in India, driven by global demand, and believe that Infinx is well placed to meet this gap through its tech-enabled solutions,» Akshay Tanna, partner and head of India private equity at KKR, told ET. «We will draw on our local knowledge and healthcare expertise to support Infinx's growth and build a healthcare platform, including through organic and inorganic growth strategies.»

Enforcement Directorate (ED) will file «at least one more» supplementary prosecution complaint (equivalent of a chargesheet) in the Delhi excise scandal, people aware of the matter told ET. It will elaborate on the alleged role of hawala operators in the alleged transfer of kickbacks from a South India-based group to functionaries of Aam Aadmi Party (AAP) for the party's Goa assembly election campaign in 2022. The federal agency had arrested an alleged Delhi-based cash courier named Vinod Chauhan earlier this month. The agency, in one of its previous charge sheets, had alleged that Chauhan received cash bags from associates of BRS leader and co-accused in the case K Kavitha, which were then allegedly transferred through hawala to AAP leaders in Goa.

NEW DELHI : Telecom service providers including Bharti Airtel, Vodafone Idea and Tata Communications are set to save about ₹3,000 crore following a Supreme Court order released on Sunday. The apex court has waived off the interest levy on tax arising from its October 2023 ruling that said annual licence fees paid by telcos would be treated as capital expenditure, which are not tax deductible. The SC had overturned a 2013 Delhi High Court ruling that had said licence fees comprised revenue expenditure and were not taxable.

State Bank of India chief–and Mohandas Pai–previously CFO at Infosys– will not be renewing their contract to be part of Byju's board advisory council, sources familiar with the matter said. This adds to the series of troubles the edtech firm finds itself in since last year. Pai and Kumar’s contract ends on June 30 and they are not renewing the contract, people briefed on the matter said. Both Pai and Kumar joined the advisory council following Byju's investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–leaving the board of the company last year.

Bibhav Kumar, personal aide of Delhi CM Arvind Kejriwal who was arrested today by Delhi Police in connection with the alleged assault on AAP Rajya Sabha MP Swati Maliwal will be produced in court shortly. The police is likely to seek his custody in the case. Delhi Police is also investigating the reason for Bibhav to reach the crime scene (CM house), that too a day after the victim recreated the crime scene.

Jalaun (UP): Ram Babu Nishad looks back to a time when locals would avoid even attending weddings in the night. «Pata nahi hota tha ghar sahi salamat lautenge ki nahi,» he says. Once infamous as a haven for dacoits and mafia, the BJP is banking on Uttar Pradesh Chief Minister Yogi Adityanath's law-and-order and development pitch to secure a third consecutive victory from the Jalaun Lok Sabha seat. The opposition, however, has been accusing the BJP of lying over its claims.

New Delhi: India is looking to fortify its imports of LNG, a crucial ingredient in industrial applications and partly in transportation, through long-term contracts with overseas exporters. This week, state-run Indian Oil Corporation Ltd signed a long-term contract with French energy giant TotalEnergies in France for supply of LNG (liquefied natural gas), two people aware of the development said. Under the contract, TotalEnergies would supply 1 million metric tonne per annum (mmtpa) of LNG to IOCL for a period of around 10 years.

National Company Law Appellate Tribunal (NCLAT) has allowed Sarda Energy & Minerals (SEML) to seek a final clearance from the bankruptcy court for its offer for SKS Power Generation, setting aside the lower court's order in October that had asked the committee of creditors (CoC) to reconsider its decision to award the 600 MW power producer to SEML. In a 51-page order, a two-judge bench comprising NCLAT chairman Ashok Bhushan and Arun Baroka, directed the National Company Law Tribunal (NCLT) to revive SEML's petition seeking approval for the deal within 60 days. The bench also kept the door open for competing bidders Torrent Power and Vantage Point Asset Management to file fresh appeals if they have new grounds for any challenge. «We have noticed that no opportunity was given to the successful resolution applicant (SEML), resolution professional and CoC… to obviate the delay in disposal of the matter,» the appellate tribunal said. It gave two weeks to SEML, resolution professional (RP) and the CoC to file their reply and other materials before the NCLT.

Google CEO Sundar Pichai recently shared some insights into an age-old question that has perturbed engineering graduates: How to crack the interview at a FAANG (Facebook, Amazon, Apple, Netflix, and Google) company? In an podcast hosted by YouTuber Varun Mayya, Pichai was asked if he was aware that there is a flourishing industry which focuses on helping hopefuls impress recruiters at FAANG companies, and if he was willing to spill secrets to cracking tough interviews. The Alphabet CEO cited a scene from the 2009 blockbuster Aamir Khan-Kareena Kapoor Khan blockbuster ‘3 Idiots’ as an ingenious way of displaying technical skills during an interview. “I think real success comes from understanding things in a deeper way,” he said. “Almost tempted to go back to the movie 3 Idiots or something like that. And like, there’s a scene in there, when they ask Aamir Khan the definition of motor. And like there’s a version which describes what a motor is. And there’s a version where you actually understand what a motor is,” he said.

The real estate industry in India is witnessing a paradigm shift towards sustainable development, driven by the pressing need for environmental stewardship and community-centric living. Sustainable buildings, characterized by energy efficiency, eco-friendly materials, and thoughtful design, are emerging as catalysts for fostering a profound sense of community and environmental responsibility among residents.

Angel One Ltd, a prominent fintech brokerage in India, has announced the launch of Fin One, a digital-first initiative set to transform financial literacy for a billion Indians.

When it comes to savings and investments, one of the key hurdles faced by lay investors includes financial awareness and knowledge. A number of financial literacy campaigns are conducted by a number of government and private agencies. 

judgement of a Constitution bench would be "binding" on benches of lesser strength, the Supreme Court has said while recalling an April 2022 verdict delivered by it. In its order dated April 7, 2022, the apex court had held that a panchayat cannot claim ownership of the land which has been taken from the real owners from their permissible ceiling limits under the land law in Haryana. The apex court had consequently said panchayats can only manage and control the land which has been taken from the owners and cannot claim title. «It is pertinent to note here that for the land taken from the proprietors by applying pro-rata cut from the permissible ceiling limits of the proprietors, management and control alone vests with the panchayat but such vesting of management and control is irreversible and the land would not revert to the proprietors for redistribution as the common purposes for which land has been carved out not only include the present requirements but the future requirements as well,» it had said.