Deloitte Financial News
15.10 / 13:59
markets
Digital
Strategy
Deloitte
Research
innovations
information
Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged
Ola Electric on Tuesday issued a clarification about the regulatory scrutiny into the pricing of its most affordable scooter. «We have not changed the price of Ola S1 X 2 KWh. We are running a very limited time festive campaign for a brief period where we are giving a general discount of Rs 5,000 to every customer and higher discount of Rs 25,000 to only a few customers and that too only with very limited inventories,» the company said in a filing to the exchanges. The Automotive Research Association of India (ARAI) had raised concerns about Ola Electric’s failure to inform the agency of a price reduction for its S1 X 2 kilowatt-hour model before initiating its high-profile “BOSS” sale.
15.10 / 13:59
markets
Digital
Fighting
Election
Deloitte
Experts
Relationships
EC announces bypoll for Wayanad Lok Sabha seat, Priyanka Gandhi to make her election debut
Wayanad Lok Sabha seat in Kerala and Nanded seat in Maharashtra. Congress leader Priyanka Gandhi is likely to make her election debut from Wayanad. Wayanad seat was vacated by Congress leader Rahul Gandhi after he was also elected to Lok Sabha from Raebareli in Uttar Pradesh in the general elections held earlier this year. Congress president Mallikarjun Kharge had announced in June that Rahul Gandhi will retain Raebareli, a traditional seat of the Gandhi family and vacate his Wayanad seat where the party will field Priyanka Gandhi.
15.10 / 13:59
markets
Digital
Airlines
security
Strategy
Deloitte
International
5 flights get bomb threats via X
counter-terrorist drills at various airports, official sources said. The threats via microblogging platform X came a day after three international flights originating from Mumbai received bomb threats, causing trouble to hundreds of passengers and airline crew. The messages posted on Monday were declared a hoax. Two more flights received similar threats on Tuesday but a confirmation was awaited. The sources said an X handle issued threats on Tuesday to five flights — an Air India Express flight from Jaipur to Bengaluru via Ayodhya (IX765), a SpiceJet flight from Darbhanga to Mumbai (SG116), an Akasa Air flight from Bagdogra to Bengaluru (QP 1373), an Air India flight from Delhi to Chicago (AI 127) and an Indigo flight from Dammam (Saudi Arabia) to Lucknow (6E 98).
15.10 / 13:11
markets
Platform
Deloitte
Food
reports
testing
Features
Blinkit launches 10-minute returns for footwear, apparel categories
Blinkit, the quick-commerce arm of food delivery major Zomato, has rolled out 10-minute returns for footwear and clothing categories. “Customers can initiate a return/ exchange in case of a size or fit issue with the delivered product. This solves a crucial problem of size anxiety for categories like clothing and footwear,” Albinder Dhindsa, chief executive of Blinkit, wrote in a post on microblogging platform X (formerly Twitter). Dhindsa said that the Zomato-owned platform has been testing the return feature in Delhi NCR for a few weeks and has now enabled it for Mumbai, Bangalore, Hyderabad and Pune, with plans to expand to more cities soon.
15.10 / 13:11
markets
Citi
FIVE
Deloitte
trends
reports
Housing price of new projects jump over 145% in two Delhi-NCR areas in 5 years; check property price rise in your city
The report highlights that Gurugram has experienced the most significant increase in newly-launched housing prices, jumping from Rs 7,500 per square foot in 2019 to Rs 19,500 per square foot in 2024. It marks an increase of 160% in five years. Noida has experienced a price jump from Rs 6,500 in 2019 to Rs 16,000 in 2024, reflecting a rise of 146% in five years. Bengaluru prices has risen from Rs 5,051 in 2019 to Rs 10,020 in 2024, a notable increase of 98% in five years. In Hyderabad, the price rose from Rs 4,686 in 2019 to Rs 8,500 in 2024, representing an 81% rise in five years. Chennai recorded a surge from Rs 4,451 in 2019 to Rs 8,023 in 2024, indicating an 80% rise during the five-year period.
15.10 / 10:53
markets
Digital
Strategy
Election
Deloitte
Experts
PAM
Jharkhand election date 2024: Voting in two phase on November 13 and 20; results on November 23
Jharkhand assembly elections will be held in two phase on November 13 and 20, and the results will be out on November 23, the Election Commission of India announced on October 15. With the announcement of the poll dates, the model code of conduct immediately came into effect in the state. The term of the current assembly will end on January 5, 2025. The Jharkhand assembly has 81 seats (44 General, 9 SC, 28 ST). There are a total of 24 districts in the state. As per latest numbers, the state has 2.6 crore registered voters, of which 1.29 crore are women, 1.31 crore are men, 66.84 lakh young voters, and 11.84 lakh first-time voters.
15.10 / 04:17
markets
Strategy
Sustainability
Election
Deloitte
Experts
Hemant Soren Cabinet approves ₹2,500 per month to women in Jharkhand after BJP’s promise of ₹2,100
Jharkhand government on Monday approved an increase in payouts in the ongoing ‘Maiyan Samman Yojana’ from Rs 1,000 per month to Rs 2,500 per month. The decision was taken at the cabinet meeting on Monday. Under the Maiyan Samman Scheme, the state government is already paying Rs 1,000 per month to 50 lakh women who are 18 years and above in the state since August this year. The increased amount will be given to the beneficiaries starting December. The increase will put a burden of Rs 9,000 crore on the state budget as per government sources. The decision has been taken to counter the Gogo Didi Scheme announced in the BJP manifesto in which the party has promised to pay Rs 2,100 per month to women above 18 years after coming to power.
15.10 / 03:45
markets
FIVE
Digital
Election
Deloitte
Experts
Maharashtra, Jharkhand election schedule to be announced today
Election Commission of India is set to announce Jharkhand and Maharashtra election schedule on Tuesday at 3:30pm, following the conclusion of polls in Jammu and Kashmir and Haryana. The current term for the Maharashtra assembly ends on November 26, while the Jharkhand assembly will complete its term on January 5, 2025. In the 2019 elections, Jharkhand conducted polling in five phases, whereas Maharashtra had just one phase. Given the successful conduct of recent elections in Jammu and Kashmir, the commission may implement a quicker polling process in Jharkhand this time around.
15.10 / 02:45
markets
Digital
Progressive
Deloitte
Experts
performer
Schools
Wipro makes it mandatory to work three-days from office: Here's what co's HR head said on new hybrid work policy
Wipro has rolled out a new hybrid work policy that requires employees to work from the office three days a week. Announcing the new policy, Saurabh Govil, Chief Human Resources Officer at Wipro, highlighted the company's focus on a «balanced» work environment that fosters «innovation» through in-person collaboration, while also respecting the personal needs of its associates. The policy allows Wipro employees to select their in-office days based on their need for collaboration, while maintaining the flexibility to work remotely for the remaining days.
14.10 / 23:47
markets
UPS
Fighting
Election
Deloitte
country
reports
US election 2024 results: Winner between Donald Trump and Kamala Harris to be decided today?
Donald Trump are taking their fight for Pennsylvania to opposite ends of the state on Monday, with Harris speaking in the northwest corner in Erie and Trump in the southeastern suburbs of Philadelphia, as per a AP report. Democrat Harris and Republican Trump have been making regular appearances in what is the country's largest battleground state — it will be Harris' 10th visit to Pennsylvania this campaign season, and just last week Trump made stops in both Scranton and Reading. Pennsylvania's energy industry and natural gas fracking are likely topics as they compete for the fraction of the state's voters who have not made up their minds. Mail-in voting is well underway in the state where some 7 million people are likely to cast votes in the presidential race.
14.10 / 21:46
Target
Racing
Deloitte
stage
Department
bowling
ICC Women's T20 WC: Pakistan, India knocked out as New Zealand win to reach semis
New Zealand qualified for the knockout stages of the tournament at the expense of both India and Pakistan, following a 54-run win for the White Ferns in Dubai on Monday against Pakistan. Matchday opponents Pakistan knew they could qualify if they chased down a target of 111 in quick time, while India would have qualified instead of both teams had Pakistan still gone on to win in a slower fashion. But a combination of superb bowling from New Zealand and a gung-ho approach from Pakistan saw the match race to a conclusion in just 11.4 overs of the second innings, as Pakistan crashed to 56 all out.
14.10 / 21:45
markets
Digital
Strategy
Deloitte
show
reports
Schools
One Piece Episode 1122 release date: Is Japanese show ending?
One Piece Episode 1122 is going to be a special one for anime fans Japanese animation show will take hiatus for a whopping six months, according to a report. New episodes of «One Piece» will be released in April 2025. One Piece Episode 1122 will be released on this Sunday, Variety reported quoting Toei Animation. One Piece's new episodes will be from «Egghead Arc». One Piece makers have cited that they need to 'recharge'.
14.10 / 21:39
markets
Digital
Racing
Strategy
Election
Deloitte
rights
Donald Trump to win a landslide in US elections? Odds, polls and all you need to know
Kamala Harris was surging ahead steadily in the US elections 2024, right from the moment she entered the campaign race against Donald Trump, after Joe Biden quit the Presidential elections. Even top pollsters and survey data were predicting a major victory for Kamala Harris, with some even claiming that she was ahead in most of the key swing states. But is she still so ahead in the election race?
14.10 / 21:32
markets
Provident
FIVE
Digital
Strategy
Deloitte
information
MSDE join hands with Meta to provide AI assistance under Skill India Mission
skill development and entrepreneurship (MSDE) entered into a partnership with Meta India to provide artificial intelligent (AI) assistant for the Skill India Mission and to establish five centers of excellence (CoEs) in virtual reality (VR) and mixed reality (MR) at National Skill Training Institutes (NSTIs) located at Hyderabad, Bengaluru, Jodhpur, Chennai and Kanpur. “Our mission is to empower India’s youth with the skills they need to thrive in today’s competitive landscape,” Jayant Chaudhary, minister of state (independent charge), MSDE said. “By integrating technologies like artificial intelligence, virtual reality and mixed reality into the Skill India ecosystem, we are democratizing access to cutting-edge technologies enabling personalized learning pathways for the youth of the country,” he said.
14.10 / 21:25
markets
FIVE
Digital
Strategy
Deloitte
community
International
Mergers advisor Bansi S Mehta finds itself a match in Karra & Co
Bansi S Mehta which has a five decade history of advising large corporates on mergers is combining with Karra & Co to expand its reach across India, as per a linkedin post by the Mumbai-based firm. Founded by Bansidhar S Mehta in 1958 as a firm of accountants it has expanded capabilities to include tax and mergers advisory. It also has offices in Delhi and Surat. “As part of this merger, we will be expanding our presence with the addition of new branches in Chennai and Hyderabad. This expansion will enable us to better serve our clients and community, providing more accessible and convenient options”, said a statement from the firm.
14.10 / 21:25
markets
UPS
Digital
Deloitte
War
reports
North Korea to attack South Korea? What we know so far
North Korea was preparing to blow up all sorts of connecting roads which connects it with South Korea amid the rising tensions over some alleged drone activities, reported NBC News. North Korea has claimed that drones sent by South Korea have been seen flying over its capital Pyongyang which are dropping propaganda leaflets critical of their leader, Kim Jon-Un. According to NBC News, North Korea in response has ordered all its military units to stay alert and to be ready to fire when required while demolishing roads which crosses the heavily fortified border. North Korea’s military has accused the South Korean administration of conducting these drone operations on three different occasions recently while labelling them as a serious provocation. Also Read: The Wild Robot: Check out animated film’s digital, blu-ray and ultra 4K HD DVD release date
14.10 / 21:02
markets
Digital
Strategy
awards
Deloitte
Celebrity
International
ISRO chief Somanath wins 'World Space Award 2024' for Chandrayaan-3
Indian Space Research Organisation (ISRO) Chairman, S Somanath, was awarded the prestigious International Astronautical Federation (IAF) World Space Award 2024. The award was given in recognition of ISRO’s successful Chandrayaan-3 mission—a historic milestone in lunar exploration of the South Pole, making India one of the few countries to do so. The award ceremony took place in Milan, Italy. “ISRO is honoured to announce that Dr. S. Somanath, Secretary DOS and Chairman of ISRO, has received the prestigious IAF World Space Award for Chandrayaan-3's remarkable achievement. This recognition celebrates India’s contributions to space exploration. Celebrations are underway in Milan as we continue to strive for new frontiers,” the space agency said on X.
14.10 / 20:57
FIVE
Aware
Enterprise
Highways
Deloitte
reports
Traffic
CDPQ to buy Ashoka's BOT toll road assets for Rs 4,500 crore
CDPQ is set to acquire five build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highway builder Ashoka Buildcon, for an enterprise value of ₹4,500 crore, said people aware of the matter. The deal will be signed this week, the people said, adding the assets will be bought by CDPQ through its infrastructure trust-Indian Highway Concession Trust (IHCT).
14.10 / 19:03
markets
Sustainability
Deloitte
country
innovations
Colleges
International
Govt pushing all levers to sustain high economic growth: FM Sitharaman
Nirmala Sitharaman on Monday said the government is simultaneously “pushing all levers” to sustain the current high growth rate, and the country’s economic prospects for this fiscal have been recognised by multilateral bodies like the International Monetary Fund (IMF) and the World Bank. India, the minister said, can be a leader in Industrial Revolution 4.0, which is guided by artificial intelligence (AI), machine learning and Big Data & Analytics, thanks to its large young population. Sitharaman was speaking at an event at St Teresa’s College in Ernakulam, Kerala, her office said in a post on X (formerly Twitter).
14.10 / 18:54
markets
UPS
Digital
Deloitte
Schools
peace
Police on high alert following communal violence in UP's Bahraich
communal violence during a Durga idol procession in Maharajganj area of Bahraich, UP police are trying to maintain peace and put a check on the possible spread of the tension in rural areas. Monday also witnessed incidents of arson and stone pelting, besides protests at a few places. Sensing the gravity of the situation, chief minister Yogi Adityanath has asked the top officials, home secretary Sanjeev Gupta and additional director general of police (Law and Order) Amitabh Yash, to camp in Bahraich to bring the situation under control. “We are trying our best to maintain peace and harmony,” UP’s additional director general of police (Law and Order) Amitabh Yash told ET on phone from Bahraich.
09.10 / 07:51
markets
Digital
Manufacturing
Deloitte
electronic
information
testing
Tata Electronics appoints Bobby Mitra as chief information officer
Tata Electronics on Wednesday said it has appointed Bobby Mitra as Chief Information Officer (CIO) and President of AI and Digital Transformation. In this role, Mitra will drive enterprise-wide initiatives in AI and digital transformation for electronic manufacturing services, semiconductor assembly and test, semiconductor foundry, and design services businesses, it said in a statement. Mitra and his team will be instrumental in advancing Tata Electronics' commitment to AI-led manufacturing excellence, particularly in establishing India's first semiconductor Fab in Dholera, Gujarat and the first indigenous semiconductor assembly and test facility in Jagiroad, Assam. Tata Electronics MD and CEO Randhir Thakur said Mitra's deep knowledge of smart manufacturing and the digital ecosystem will be key to delivering value to the customers.
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