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urban pollution and congestion problem, said JoeBen Bevirt, founder of Joby Aviation. Speaking here on Saturday, he said the company is looking to launch in India after it launches commercial operation in 2025. Joby Aviation is a California-based aviation company, developing an electric vertical takeoff and landing (eVTOL) aircraft that it intends to operate as an air taxi service. Besides many other venture-backed funds, the company has raised a $590-million-funding round, led by Toyota Motor Corporation.

Eldeco Housing and Industries Ltd (EHIL), a leading Lucknow-based real estate player, has during the 9MFY24 acquired more than 63 acres of land for new projects and recorded a remarkable increase in sales bookings, registering 3.2 lakh sq ft compared to 1.5 lakh sq ft in the previous fiscal year.

An anti-terrorism court on Saturday granted bail to jailed former Pakistan premier Imran Khan in 12 cases linked to the May 9 attacks on military installations by his supporters following his arrest in an alleged corruption case.

Tripura (NLFT), who fled from their camp in Bangladesh have surrendered to security officials in Tripura. On Friday they deposited arms and ammunition including two Chinese rifles. A senior police official who does not want to be named ET, “Six NLFT extremists surrendered to Deputy Inspector General of Police, Intelligence, Krishnendu Chakravertty in Agartala and deposited some arms and ammunition. The militants deposited two Chinese rifles, one country made sten gun, six live rounds 70 mm ammunition, two Chinese grenades and many other ammunition".

Bandhan Bank is targeting to increase its share of the secured loan portfolio to 50% of the total loan book by FY26, Chandra Shekhar Ghosh, MD and CEO of Bandhan Bank, informed analysts soon after declaring its Q3 results. Last November, the Reserve Bank of India (RBI) warned banks about the increased share of unsecured loans and raised risk weightage. The bank had earlier said that it aims to raise the share of the secured portfolio to 70% by arch 2025, as reported by ET on October 14, 2022. On Friday, the bank reported a 152% rise (over the corresponding period) in net profit to Rs 733 crore for the quarter ending December 2023.

Rashi Peripherals IPO: Bidding for the initial public offering (IPO) of Rashi Peripherals Ltd ended on Friday. After three days of bidding, Rashi Peripherals IPO subscription status suggests that the public issue received a strong response from the primary market investors. The book build issue got subscribed to the tune of nearly 60 times against its offer.

Jana Small Finance Bank IPO: Bidding for the initial public offering (IPO) of Jana Small Finance Bank Ltd ended on Friday. After three days of bidding, Jana Small Finance Bank IPO subscription status suggests that the public issue received a strong response from the primary market investors. The book build issue got subscribed to the tune of nearly 18 times against its offer.

The PSU Bank Index has risen by more than 56% in the last 1 year, the Nifty Private Bank Index rose by just 14%, and in the same period Bank Nifty by 13%, making PSU Banks the leader of the segment.

₹25 crore as a bribe for not framing Bollywood actor Shah Rukh Khan's son Aryan Khan in the drugs-on-crime case. The agency said that the deal was closed for ₹18 crore, adding that Wankhade's assets were not proportionate to his known sources of income.

stock market observers on Monday after the announcement of Tata Power results for Q3FY24 on Saturday. In Q3 results 2024, Tata Power recorded a marginal increase in operational income but the Tata Group company demonstrated significant operational and financial performance.

money laundering case against former Mumbai NCB zonal director Sameer Wankhede taking cognisance of a CBI FIR in an alleged Rs 25-crore bribe demand from superstar Shah Rukh Khan's family to spare his son in a drugs case, official sources said Saturday. The central agency has booked the case under the Prevention of Money Laundering Act (PMLA), they said. Some former Narcotics Control Bureau (NCB) officials have also been summoned. Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency.

The Nifty Small-cap 250 dropped 1.3% and the Nifty Mid-cap 100 declined 0.9%, while the Nifty Public Sector Enterprises (PSEs) index slipped 2.7%. All three indices erased a portion of the losses earlier in the trading session tracking the rebound in the benchmark indices — Sensex and Nifty, which ended 0.3% higher.

Indigo Books & Music Inc.’s chief executive says the retailer’s last year has been “challenging” and it could be a while until its financial results recover.

(Updated — February 9, 2024 11:23 AM EST)

THE NEXT TIME you find yourself baffled by some of the airlines listed on an airport departure board, consider this: More than 300 international airlines operate worldwide—even if you always fly the same three or four giants. Though behemoths dominate the industry, some bantamweight contenders stand out as viable alternatives. Their pitch: These (mostly new) boutique airlines, which limit flights to just a few strategic destinations, promise not only savings but a better ride.

PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales

Cetera has deepened its network of advisors with the addition of a five-person veteran team.

HUDCO), is in talks with the government of Maharashtra to support infrastructure and housing projects in the state with funding of over Rs 30,000 crores, said a top company official. “We are in talks with the government of Maharashtra and development agencies involved in developing roads, infrastructure, and housing projects in the state to support several projects. We had a few meetings earlier this week too,” said Sanjay Kulshrestha, chairman & managing director, HUDCO. The public sector undertaking engaged in housing finance and infrastructure project finance is in talks with development bodies including Mumbai Metropolitan Region Development Authority (MMRDA), Maharashtra State Road Development Corporation (MSRDC), Thane Municipal Corporation, state government’s Public Works Department (PWD), and Mumbai Metro Rail Corporation.

₹45.7 crore in Q3 FY24 against ₹41.2 crore in the year ago period. Its net consolidated revenue increased by 18.1% YoY to ₹160.8 crore in the quarter ending December against ₹136 crore in Q3 FY23. Its EBITDA increased to ₹65.3 crore during the quarter under review.

Investing.com -- U.S. stock futures seek direction heading into the final trading day of the week. The S&P 500 briefly touches the 5,000-point mark in intraday trading during the prior session following a bevy of mostly strong corporate earnings. Meanwhile, artificial intelligence-darling OpenAI's annualized revenues reportedly surpass $2 billion as demand booms for the ChatGPT-maker's products.

Amidst recent regulatory directives concerning Paytm Payments Bank, users might find themselves confused and uncertain. However, it is imperative to note that the Paytm app is working and will be working as usual even after February 29, 2024, according to the company.