Aware Financial News

Adani Ports and Special Economic Zone (APSEZ) is looking to raise up to Rs 500 crore through the issuance of two sets of non-convertible debentures (NCDs) next week, market sources said. The company aims to raise up to Rs 250 crore through the sale of a 2034 bond with a coupon of 8.80% and Rs 250 crore through the sale of a 2029 bond with a coupon of 8.70%, sources aware of the development said.

PayNearby and Star Health and Allied Insurance have recently formed a strategic collaboration aimed at enhancing the accessibility and affordability of health insurance coverage throughout the country, with a particular focus on the semi-urban and rural population. 

Women with exemplary skills and resilience have achieved significant milestones, breaking barriers in various sectors. Droupadi Murmu's historic presidency, Arundhati Bhattacharya's influential role at SBI, and Falguni Nayar's ascent to self-made billionaire status exemplify these achievements. Beyond headlines, women contribute to households, societies, and corporate landscapes every day. Despite their contributions, persistent stereotypes, such as being labelled poor drivers or inefficient investors, persist. Nevertheless, women have shown remarkable progress continually.

Samsung users alert! Govt. notifies against THIS critical risk: How to stay safe Meanwhile, his family had received a ransom note and photograph of the student that made it appear that he'd been abducted and was in danger.

Jitendra Awhad, a leader from the Nationalist Congress Party- Sharad Pawar faction, has made controversial statements regarding Lord Ram. Awhad claimed that Lord Ram belonged to the Bahujans and was a non-vegetarian. This statement comes after BJP MLA Ram Kadam urged the Maharashtra government to enforce a one-day ban on alcohol and meat on January 22, the day of the Ayodhya consecration ceremony. During an event in Maharashtra's Shirdi, Awhad stated, «Ram is ours.

NEW DELHI : The Centre is considering a proposal to provide interest-free loans to 15,000 tobacco farmers in Andhra Pradesh, impacted by cyclone Michaung, two officials aware of the matter said. The tenure of interest-free loans, varying between ₹10,000 and ₹20,000, will be six months and will support replanting of tobacco, the officials said. The commerce ministry is considering the proposal forwarded by the Tobacco Board and it is expected to be finalized soon, they added.

Adidas is setting up its first and only global capacity centre (GCC) in Asia outside China in Chennai, to focus on 'key processes', sources aware of the developments told ET. The athletic footwear and apparel giant’s move reinforces the recent boom of multinationals investing in India in large numbers to set up their GCCs to harness the abundant software skills in the country.

ANI as saying. It added that the airline “will be responding to the notice, as per protocol". The show cause notice was issued to IndiGo over a complaint by a Delhi-based dietician.

arson, robbery and rioting, saying the charges were proved beyond a reasonable doubt. The court also held another accused guilty of dishonesty and receiving stolen property. Additional Sessions Judge Pulastya Pramachala was hearing a case against Noor Mohammad alias Noora and Nabi Mohammad.

Versuni Wednesday opened its second factory in India in Ahmedabad built on a 25,000 square metre to make air fryers, garment steamers, hand mixers. Global CEO of Versuni Henk De Jong, who was present at the inauguration, told reporters that with the second factory in place, Versuni — which owns the Philips Domestic Appliances brand — will procure 90% of all products sold in India locally, from 70% at present. The new factory is expected to generate more than 1000 new jobs in the first phase where the factory will have a capacity to make 500,000 air fryers and 2 million garment steamers annually.

China on Wednesday announced «routine» military patrols in the South China Sea, following recent clashes between countries in the disputed waterway. The People's Liberation Army's Southern Theater Command said it had «organised naval and air forces to conduct routine patrols» in the sea from January 3 to 4. The statement did not mention where exactly the patrols would take place or give specific details of their aims. Beijing claims almost the entire South China Sea and has ignored an international tribunal ruling that its assertions have no legal basis.

DMart share price drops nearly 4% after Q3FY24 business update; what should you do? As regards Indian equities, in the medium-term, as per Bhattacharya said two positives which give strong and convincing basis for an optimistic view. The first positive is that India Inc’s balance sheet is in de-leveraged mode. It is operating at high-capacity utilisation.

Matrimonial app safety has become a top concern for many. Is sharing your details wise? This preys on the emotional vulnerability of singles desperate for marriage. This elaborate scam uses romance to exploit people seeking love.

NEW DELHI : The Indian spirits market, which navigated through a complex year due to tax hikes, state elections, and policy shifts in 2023, is expected to see a flat growth in 2024. While major players are likely to find solace in the premium segment, smaller regional companies are poised to steal the spotlight with faster growth compared with their larger counterparts. The hangover from 2023 challenges could linger amid sharp tax increases in states like Karnataka and the dampening effect of elections across nine states.

The Reserve Bank of India (RBI) has released a circular that issued fresh instructions relating to inoperative accounts. The circular states that any credit balance in any deposit account maintained with banks, not operated for ten years or more, is required to be transferred by banks to the DEA (Depositor Education and Awareness) Fund maintained by the RBI.  

By Yew Lun Tian and James Pomfret

An Oregon weekly newspaper has had to lay off its entire staff and halt print because its funds were embezzled

here.ONGC Videsh Ltd (OVL) is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million, two people aware of the development said. This follows the US easing sanctions on Venezuela, where India’s overseas explorer has partnered state-owned Petróleos de Venezuela SA (PdVSA) for the San Cristobal project.Any oil flowing in from Venezuela holds significance for India, the world’s third largest oil buyer that once counted the Latin American country among its largest oil suppliers.A spokesperson for OVL confirmed in response to a query that the San Cristobal project owes dividends of around $600 million to the company.

Delhi Police has set up a committee of high-ranking officers to study the three new criminal law bills recently passed by Parliament. The Bharatiya Nyaya (Second) Sanhita, 2023, Bharatiya Nagarik Suraksha (Second) Sanhita, 2023, and Bharatiya Sakshya (Second) Bill, 2023, intend to replace the colonial-era IPC, CrPC, and Indian Evidence Act. These bills received President Droupadi Murmu's assent on December 25 during the winter session of Parliament.

₹20,000 on the S1 X+ electric scooter, its cheapest offering in the market, as it moved to grab a larger share of the e-two-wheeler market ahead of a potential public listing early this year. While there were negligible discounts on the TVS iQube and Bajaj Chetak after the festive season, Hero’s Vida V1 and Ather’s 450 range of scooters had cash discounts of just ₹6,500, according to a report by Motilal Oswal. Ola was followed in the market share pecking order by TVS Motor (16.2%) and Bajaj Auto (13.7%).

Vodafone Idea on Tuesday denied a media report of talks with Elon Musk-owned Starlink for a stake sale, sending the telecom operator's shares down by 5.65%. The shares had hit a 52-week high intraday Monday, gaining nearly 40% in two trading sessions after the report emerged on the Starlink talks. «In this regard, we would like to submit that the company is not in any such discussion with the named party,» the cash-strapped company said in a regulatory filing, adding: «We are not aware of the basis of the said news item.» Vodafone Idea said it would keep stock exchanges informed about all price-sensitive information under the listing regulations. On Tuesday, these shares rose to as high as ₹17.78 on the BSE before giving up the gains and closing at ₹16.03.