Cooper Financial News
03.08 / 15:45
Provident
Cooper
Remark
Southern
show
country
PM Modi talks of cooperative federalism, but coercive federalism witnessed in country: Congress MP Shashi Tharoor
Shashi Tharoor on Thursday alleged that «blatant subversion of the constitutional separation of powers» was taking place through the bill to replace the Delhi services ordinance and said while Prime Minister Narendra Modi talks about cooperative federalism, the country was witnessing «coercive federalism». Participating in the debate in the Lok Sabha on the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, Tharoor argued that the proposed bill represents a «grave chapter in the history of the Indian republic, seeking to ratify an ordinance that in many ways is an assault on our democratic heritage and the spirit of federalism».
03.08 / 15:23
03.08 / 12:39
UPS
Cooper
Manufacturing
CEO
Mobile
Metro
Govt to continue FAME subsidy, plans payment security mechanism for EVs: PMO advisor
New Delhi: The government is committed to driving the adoption of electric vehicles and will continue with the FAME (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) subsidy to bridge the price difference in EVs, said Tarun Kapoor, adviser, Prime Minister’s Office, said on Thursday. Speaking at the national conference on electric mobility organized by Assocham, Kapoor emphasized the importance of finding ways to bring down the price of EVs, as government subsidies cannot be permanent.
03.08 / 12:37
Provident
Cooper
Platform
cover
social
Indian
22-year-old Indian student killed in crash in Australia
Indian student who was working as an Uber Eats driver in Australia was killed after his bike collided with an SUV in Sydney, PTI reported, citing a local media report. The deceased, identified as Akshay Deepak Doultani, a Mumbai native who was pursuing a master's degree in Australia, died in a crash last week in New South Wales while working as a food delivery driver, the Australia Broadcasting Cooperation reported on Wednesday. Doultani received a scholarship for a master's degree in finance at Macquarie University and came to Australia in February.
03.08 / 09:39
Cooper
Remark
DAL
On Khattar’s ‘Rajasthan free to act’ remark, Ashok Gehlot’s ‘you didn’t let us’ comeback
Rajasthan Police free to act against Bajrang Dal's Monu Manesar, Haryana govt will extend help. I have told the Rajasthan government that if they need help to trace him, we are ready to help.
03.08 / 07:49
UPS
Cooper
Assurant
UP BJP welcomes HC order on Gyanvapi mosque survey, says exercise will bring out truth
BJP on Thursday welcomed the Allahabad High Court order allowing an ASI survey on the Gyanvapi mosque premises and said the exercise will bring out the truth. This is an issue related to the faith of crores of people, BJP state president Bhupendra Singh Chaudhary said in a tweet in Hindi. Earlier in the day, the Allahabad High Court dismissed a petition filed by the Gyanvapi committee challenging a district court order directing the Archaeological Survey of India (ASI) to conduct a survey on the mosque premises to determine if it was built upon a temple. It said the district court order is just and proper, and no interference from this court is warranted. Reacting to the court order, Chaudhary said, «We welcome the decision of the Hon'ble high court on the Gyanvapi issue. Everyone should cooperate and accept the decision of the honourable court. The survey will bring out the truth.» «Whatever is being reflected directly in Gyanvapi is a historical truth and a matter related to the faith of crores of people. Everyone should understand and accept the historical reality of Gyanvapi,» he said.
03.08 / 07:25
Digital
Cooper
Remark
country
Latin
Supply chain resilience, resource partnerships key for India-Latin America relations: Jaishankar
New Delhi: Supply chain diversification and resource partnerships are key pillars driving intensified engagement between India and Latin America, said external affairs minister S Jaishankar. “The pandemic has shown that today there is an urgent global need for more resilience and reliability of supply chains, whether it is energy, whether it is food or whether it is even consumer security," Jaishankar said, speaking at the CII India-LAC Conclave. “The international economy today needs multiple and redundant sourcing, it needs more diversified production and that is something where there are new opportunities for us," he added.
03.08 / 06:31
Cooper
Booking
Action
Airlines
Couple attacks Akasa air staff for denying boarding due to late arrival in Lucknow
Lucknow airport, a woman and her husband found themselves in legal trouble after a confrontation with a ground staff member of Akasa Air, which resulted in a physical altercation. The couple, who arrived late for their flight, were denied boarding, which led to a fit of anger from the woman, resulting in her physically assaulting a female staff member by slapping her. The incident occurred on Sunday evening, just before QP 1525 was about to depart for Mumbai.
03.08 / 02:21
Cooper
Mobile
country
Israel approves USD 344 million sale of 'David's Sling' defense system to Finland
Ministry of Defense Wednesday revealed that the US Government approved the sale by Israel of the country's «David's Sling» anti-missile defence system to Finland. After receiving approval, the Israeli MOD, the Finnish MOD & Rafael Advanced Systems — the Israeli defence contractor that develops the system — will participate in a ceremony to sign a procurement agreement worth approximately 316 million Euros (USD 344 million).
02.08 / 19:35
COST
Cooper
Fox
CEO
Entertainment
WWE's McMahon served with subpoena by federal agents
Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing
02.08 / 16:13
Cooper
Manufacturing
Action
country
Hero
Hero MotoCorp shares in focus tomorrow after ED action against top officials
Hero MotoCorp will be in focus on August 3 after the the Enforcement Directorate has seized cash and jewellery worth ₹25 crore during raids against top officials of Hero MotoCorp. The law enforcement agency also found "incriminating" documents in the residences and offices of executive chairperson Pawan Kant Munjal and others.
02.08 / 15:43
Cooper
Manufacturing
Shell
show
Hero
Jewellery
ED seizes cash and jewellery worth ₹25 crore, incriminating documents during Hero MotoCorp raids
Enforcement Directorate has seized cash and jewellery worth ₹25 crore during raids against top officials of Hero MotoCorp. The Central probe agency also found "incriminating" documents in the residences and officers of executive chairperson Pawan Kant Munjal and others. The development came mere weeks after the Ministry of Corporate Affairs ordered an investigation to assess Hero MotoCorp's relationship with a third-party vendor in a case related to alleged diversion of funds.
02.08 / 11:41
Digital
Cooper
Citizens
electronic
Hope Opposition will participate in discussion on all bills, including DPDP: Rajeev Chandrasekhar
The government expects the Opposition to participate in discussions on all bills in Parliament and it remains open to debate on all issues, including Manipur, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. The government is expected to table the Digital Personal Data Protection(DPDP) bill in Parliament on Thursday.
02.08 / 11:41
02.08 / 09:17
Digital
Cooper
Citizens
electronic
Hope Opposition will participate in discussion on all bills, including DPDP: MoS IT Rajeev Chandrasekhar
Rajeev Chandrasekhar said on Wednesday. The government is expected to table the Digital Personal Data Protection(DPDP) bill in Parliament on Thursday. «The bill has evolved after a lot of consultation.
02.08 / 07:09
Provident
FIVE
Cooper
Platform
Strategy
AGRO
track
From Mehul Choksi's Gitanjali Gems to ABG Shipyard, top-50 defaulters owe over ₹87,000 crore to lenders
₹87,295 crore to banks and financial institutions, according to the Union Finance Ministry. Fugitive Mehul Choksi's Gitanjali Gems is the biggest wilful defaulter owing ₹8,738 crore to banks, followed by Era Infra Engineering Limited owing ₹5,750 crore, REI Agro Limited ₹5,148 crore, ABG Shipyard Limited ₹4,774 crore, and Concast Steel and Power Limited ₹3,911 crore. Other wilful defaults are Rotomac Global Private Limited ₹2,894 crore, Winsome Diamonds and Jewellery Limited ₹2,846 crore, Frost International Limited ₹2,518 crore, Shri Lakshmi Cotsyn Limited ₹2,180 crore, and Zoom Developers Private Limited ₹2,066 crore.
02.08 / 01:07
Cooper
country
Support
Bahamas to join Kenya in security force in Haiti as support grows
United Nations Security Council," the ministry said in a statement. The Bahamas' statement echoed comments from Kenyan Foreign Minister Alfred Mutua, who described the security intervention as an opportunity to stand "with persons of African descent across the world." It added the Bahamas looks "forward to cooperating with hemispheric partners including the United States and Canada." US Secretary of State Antony Blinken on Tuesday commended Kenya for "considering to serve as the lead nation" for the multinational force and expressed support for its authorization from a UN Security Council Resolution.
01.08 / 19:47
Cooper
Mobile
Samsung
cover
electronic
Samsung bets on India to drive business growth in H2
Samsung expects the India market to be critical for the recovery in demand and business in the second half of the year, after a sharp decline in operating profits in the June quarter dragged by tepid sales across the world, the Korean handset major's global head of mobile business said. «The India market is the fastest growing.
01.08 / 19:05
UPS
Target
Cooper
Manufacturing
Action
cover
Hero
ED at two Hero offices, Pawan Munjal’s house
NEW DELHI : The Enforcement Directorate (ED), the federal agency responsible for investigating money laundering and other financial irregularities, on Tuesday conducted searches at the premises of two-wheeler maker Hero MotoCorp Ltd and the residence of executive chairman Pawan Munjal, two people familiar with the development said. The company said it was cooperating with the agency. “Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our executive chairman Dr Pawan Munjal.
01.08 / 19:05
COST
UPS
Provident
Cooper
Extreme
country
cover
Relief from milk prices likely after monsoon: Parshottam Rupala
NEW DELHI : Milk prices in India have surged 22% in three years, including 10% in the past year. According to Parshottam Rupala, Union minister for fisheries, animal husbandry, and dairying, prices of green fodder are declining, and milk prices are expected to stabilize after monsoon as fodder turns plentiful. In an interview, Rupala said while extreme weather conditions can damage crops, there is currently no alarming feed shortage, and in the unlikely situation of a shortage, states have reserves to fill the supply gap.
01.08 / 17:23
Cooper
Remark
social
Delhi court refuses to stay proceedings in defamation complaint against Raj CM Ashok Gehlot, allows him to appear through VC
A Delhi court on Tuesday refused to stay the proceedings in a criminal complaint filed by Union minister Gajendra Singh Shekhawat against Rajasthan Chief Minister Ashok Gehlot for alleged defamation but allowed the Congress leader to appear before a metropolitan magistrate through video conference.Special Judge of the MPs, MLAs court M K Nagpal said Gehlot’s physical and personal appearance as an accused before the magisterial court on August 7, 2023 may not be practically convenient and necessary but he saw no reason for staying the proceedings.
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