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₹10,000-crore rights issue next fiscal to expand its equity capital as it expects to grow assets to ₹5 lakh crore by March 2024 from about ₹4 lakh crore in March 2023, PTI reported. The proposed rights issue will be carried out in two tranches of ₹5,000 crore each next fiscal to expand its capital base by ₹10,000 crore and support the growing balance sheet, which is expected to rise by a quarter from the present, the Sidbi chairman said. "We recently had moved the department of financial services seeking to raise capital.

NYpost.com. “Criticize the drug companies, question the war in Ukraine, and you can be pretty sure this is going to happen," wrote Carlson on X in support of Brand. The 48-year-old British comedian has denied the allegations, saying that all of his relationships have been consensual.

AI) software. Opened for a funding round recently, Anuj Gupta's GreenVan uses a simple WhatsApp interface. It is designed as an 'Amazon of Services' offering that intends to transform the way people book essential tasks online. It was born out of Gupta's own experience of relocating from the US to the UK around five years ago and finding the experience of sourcing reliable trade people a rather cumbersome word-of-mouth process.

The cybersecurity system break-ins this month of casino giants MGM Resorts International and Caesars Entertainment shatter a public perception that casino security requires an “Oceans 11”-level effort to defeat it

aviation industry faces a scarcity of senior pilots. According to reports, more than 40 pilots left Akasa Air without serving the mandatory six-month notice period, causing the fledgling airline to cancel a large number of flights. Its flight cancellation rate last month was 1.17%, the second-highest since its launch in August 2022.

Here's how analysts read the market pulse:«Elevated crude oil prices and concerns about inflation initially cast a shadow over the market. However, this negative sentiment was offset by robust domestic industrial and manufacturing production data, as well as a decline in inflation, which propelled the market to new highs. The market also received support from a set of positive global cues.

Signature Global, which is launching its maiden public issue on Wednesday, has achieved 32 per cent growth in its sales bookings to Rs 3,430.58 crore in the last fiscal year on strong housing demand. The Gurugram-based Signature Global, which focuses on affordable and mid-income housing segment, had clocked Rs 2,590 crore worth of sales bookings in the 2021-22 fiscal. The company, backed by HDFC Capital and IFC, will hit the capital market on September 20 with its IPO to raise Rs 730 crore.

State Bank of India, it has been found that a borrower who is planning to default will not answer a reminder call from the bank. So the best way is to meet them at their homes unannounced. The move comes amid surging retail lending in the system coupled with increasing delinquency levels on the back of the upward movement in the interest rates.

ICC Cricket World Cup 2023 is just less than a month away, with fans all over the world anticipating some high-profile match-ups on the cricket field. Over this tournament's history, many bowlers have spun, swung and paced their way into the history books with their performances that won their team the coveted trophy and let them enjoy some individual glory among the greats on statistical charts. Here is a look at the players with the highest wickets in the history of the tournament:1).Glenn McGrath (Australia) The legendary Aussie pacer is the highest wicket-taker in the tournament history. In 39 matches, he has taken 71 wickets at an average of 18.19 and an economy rate of 3.96.

Narendra Modi's achievements since 2014. In «Modi: The Challenge of 2024 — The Battle for India», author Minhaz Merchant draws on his meetings with Modi since 2012 to decode the prime minister's thinking on economic reforms, geopolitics, secularism and democracy ahead of what could be a historic 2024 Lok Sabha election. The book, published by Amaryllis, also examines whether the Opposition's strategy to present a united front can derail the BJP's juggernaut. Merchant insists this book is not a biography of Modi. «It focuses on Modi's first two five-year terms as prime minister.

Pius XII knew details about the Nazi attempt to exterminate Jews in the Holocaust as early as 1942, according to a letter found in the Vatican archives that conflicts with the Holy See's official position at the time that the information it had was vague and unverified. The yellowed, typewritten letter, reproduced in Italy's Corriere della Sera on Sunday, is highly significant because it was discovered by an in-house Vatican archivist and made public with the encouragement of Holy See officials. The letter, dated Dec.

H-1B visa programme as a form of «indentured servitude», Indian-American Republican presidential aspirant Vivek Ramaswamy has vowed to “gut” the lottery-based system and replace it with meritocratic admission if he wins the race to the White House in 2024. The H-1B visa, much sought-after among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China. Ramaswamy himself has used the H-1B visa programme 29 times. From 2018 through 2023, US Citizenship and Immigration Services approved 29 applications for Ramaswamy's former company, Roivant Sciences, to hire employees under H-1B visas, the Politico reported.

State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates. According to the bank, it has been found that a borrower who is planning to default will not answer a reminder call from the bank.

IPOs This Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments last month, which kept investors engaged with subscriptions and listings. Moving on, the upcoming week sees strong market buzz for September, which is similarly packed with new listings and initial public offering (IPO) issues, that are available for subscription. Last week, two mainboard IPOs - Rishabh Instruments Limited and Ratnaveer Precision Engineering listed raising a total of ₹655.8 crore.

Jupiter Life Line Hospitals will debut on the exchanges on Monday. Ahead of the listing, the company's shares are commanding a premium of Rs 233 in the unlisted market. The IPO was priced in the range of Rs 695-735. Considering the upper price band, the stock is expected to list at a premium of about 32%. The Rs 869-crore IPO of Jupiter Life Line Hospitals was subscribed 63.72 times on the last day of bidding, led by massive demand from QIB whose category was subscribed 187 times. The company aims to be debt-free post the IPO.

ITI, a central PSU under the ministry of communications, had a dream run over the past week with a stellar rally of nearly 60% in just five days. The main trigger was that the company has developed its own branded Laptop and Micro PC in the market that matches international quality and performance. Branded as ‘SMAASH’, the products have already been deployed in the market, and ITI has won many tenders competing against MNC brands like Acer, HP, Dell and Lenovo. The two flagship products — Laptop and Micro PC have been designed in association with Intel Corp with which an MOU has been signed for design and manufacturing. In the last six months, the stock has delivered multibagger returns to investors, rising 116%. The price has also hit a fresh 52-week high during the last week. Technical analysts say while existing investors might want to sit on gains and wait for more upside, but at the same time can book partial profits. «Investors who are still holding stocks like ITI, and SJVN, which have seen good run, might consider taking a partial profits on their investments and can trail the balance,» said Aamar Deo Singh of Angel One. «The daily chart shows a vertical up move from 149 to 213 level, almost a 57% up move.

Jaguar Land Rover is closely monitoring the demand for battery electric vehicles in India and depending upon the emerging scenario will «strategise» the entry of more models into the country, according to a top company executive. In an interaction with PTI, Jaguar Land Rover (JLR) India Managing Director Rajan Amba said the domestic market is distinct in its demands for a variety of factors. «And as such we are closely monitoring demand for battery electric vehicles (BEVs). As luxury consumers become more discerning in their choices and adoption of new technology, we are committed to delivering exceptional vehicles that exceed their expectations along these lines,» he noted. The company currently sells just one electric model — Jaguar I-Pace — in the country.

Parliament House, which may soon hand over its position as the country's hallowed legislature to a new complex inaugurated four months ago, has stood for over 96 years as a sentinel of time and a repository of India's democratic journey.

Marrakech, Morocco, shared videos recorded before the 6.8 magnitude earthquake that hit the area Friday, showing unidentified lights in the sky. The bizarre aerial phenomena are known as earthquake lights and seem to occur above sites of seismic stress. «People have wondered about them forever,» said Karen Daniels, a physicist at North Carolina State University. «It's one of those persistent mysteries that hang around and never quite get nailed.» Earthquake lights are difficult to study because earthquakes are impossible to predict. Without knowing when or where they will occur, researchers don't know where to place sensitive equipment that can detect them. Some experts doubt they're associated with earthquakes at all, according to the U.S. Geological Survey. But accounts of these lights go back centuries, said John Ebel, a seismologist at Boston College who wrote a book on the history of earthquakes in the northeastern United States. In a study in 2014, researchers found reports of aerial luminous phenomena from 65 earthquakes occurring in Europe and the Americas during the 18th, 19th and 20th centuries. People have reported a variety of kinds of earthquake lights, ranging from glows high in the sky to low on the horizon. Some last up to minutes; others flash on and off like lightning. They've also been seen in different colors.

Jawan made a remarkable debut at the box office, amassing ₹75 crore on its opening day. After a slight dip to ₹53.23 crore on the first Friday, the movie saw a 46.21% jump on the first Saturday, pulling in ₹77.83 crore. The first Sunday further consolidated its position with a collection of ₹80.1 crore.

Gita Mehta, renowned writer-filmmaker passed away on Saturday in New Delhi. Mehta, who died at 80, was the sister of Odisha's Chief Minister Naveen Patnaik and daughter of Biju Patnaik. Gita Mehta will be remembered for her coverage of Bangladesh's 1971 liberation war for NBC and her acclaimed documentary “Dateline Bangladesh".