Diversity Financial News

Amit Shah unveiled the Bharatiya Janata Party's (BJP) manifesto for the Jammu and Kashmir Assembly elections. The party’s manifesto outlined 25 commitments, focusing on empowering women, providing opportunities for youth, and rehabilitating Kashmiri Pandits. BJP Jammu and Kashmir chief Ravinder Raina referred to it as a «people’s manifesto,» addressing the diverse needs of the region.

Vistara Airlines announced on Friday that its Mumbai-Frankfurt flight that was diverted to Turkey due to security concerns has landed safely in Turkey. Sharing a post on X, Vistara wrote, «Flight UK27 from Mumbai to Frankfurt (BOM-FRA) has been diverted to Turkey (Erzurum airport) due to security reasons and has landed safely at 1905 hours. Please stay tuned for further updates.» This is a developing story.

As the highly anticipated IPO of Bajaj Housing Finance looms, ETMarkets analysed the stock and earnings performance of the Bajaj group’s companies, which revealed a strong performance across sectors.

debt firm VentureSoul Partners has completed the first close of its Rs 600 crore maiden fund, raising Rs 146.5 crore. The fund plans to make debt investments in approximately 25 startups, with an average cheque size of Rs 20-25 crore, founder Kunal Wadhwa told ET. VentureSoul Partners, founded by former banking professionals Anurag Tripathi, Ashish Gala, and Wadhwa, is a Sebi-registered Category II Alternative Investment Fund (AIF). The firm is targeting a corpus of up to Rs 300 crore, with an additional Rs 300 crore in greenshoe options.

The Food Education Fund seeks to diversify the culinary world and better mentor its next generation through hands-on experiences for low-income students of color at ten high schools

Telangana is wooing tech giants like Amazon Web Services (AWS) along with marquee brands across sectors including hospitality, defence and aerospace to either set up new facilities or expand their existing operations in the state. Talks were underway with AWS to pump in an additional $2 billion to expand its data centre capabilities in the state, Telangana industries and IT minister Duddilla Sridhar Babu told ET in an exclusive interaction in Hyderabad. Also, hospitality major Marriott Group is setting up its first global capability centre (GCC) in the country in Hyderabad, he said late last month.

India is leading in technology advancements for the first time, rather than just playing catch-up, said a top executive from American chip major Nvidia on Wednesday. «Why India now? What is it for India now? Will India really succeed? I strongly believe India will succeed. For the simple reason that, for the first time in technology advancements, we're not following; we're leading. We're not just creating; we're innovating on top of it. We are the cradle in which AI will be applied,» said Vishal Dhupar, managing director of Nvidia South Asia. He was speaking at the India Innovation Summit, the flagship national event of the Confederation of Indian Industry (CII), held annually in Bengaluru.

The AntiHustle (2017), author Nicole Purvy wrote, “The hustle culture is focused on the amount of work and sacrifices you’re making to be successful. We need to change the mindset and find new ways of working things, because what you do will never be enough." Keeping this in mind, some companies are gradually beginning to take notice and value individual preferences and diverse work styles, says Prof. Mohapatra.

This translates to a premium of nearly 80% over the issue price, indicating strong demand for the IPO.

ministry of road transport and highways plans to build 74 new tunnels stretching 273 km at a cost of ₹1 lakh crore over the next few years as part of a mega scheme to strengthen India's highway network, roads minister Nitin Gadkari said. The minister said this will be done while ensuring regular performance audits of all under-construction projects. Addressing the second edition of Tunnelling India conference organised by Ficci on Tuesday, Gadkari favoured giving a majority 51% stake to foreign partners in joint ventures for building tunnels and detailed project reports to improve work quality, saying it will ensure that only serious and technically qualified players bid for tunnel projects.

Nitin Gadkari said. Speaking at the second edition of Tunnelling India conference by the Federation of Indian Chamber of Commerce and Industry (Ficci) on Tuesday, Gadkari underlined technology upgradation and cost-effective solutions to tackle the unique challenges of India’s diverse terrain while maintaining high-quality standards. “We need to find out exactly which is the best technology that is cost-effective without compromising on quality,” he said, suggesting the need for adopting global best practices in infrastructure development.

Bajaj Finance and Bajaj Finserv the Rs 6,560 crore initial public offering (IPO) of Bajaj Housing Finance will hit the Street on September 9 and has announced a price band of Rs 66-70 for the same. The bids can be made for a minimum quantity of 214 shares and in multiples of 214 thereafter.

youth employability, promoting healthy lifestyles and reducing carbon emissions are key measures for India to «power a billion dreams», prominent business leaders from the consumer sectors said on Saturday. At a panel discussion on 'The India opportunity: Empowering a billion dreams', moderated by Kaushika Madhavan, Asia Pacific leader at AT Kearney, leaders from diverse businesses spotlighted rapid growth in the world's fifth largest economy and stressed on the need for inclusive growth and development at a time when economic recovery is showing sharply divergent trends. «We have got to take India with us… India is a country of opportunities, a country of dreams… we need to have inclusive growth as a lot of India is poor,» said Raymond Ltd chairman and managing director Gautam Hari Singhania.

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is to be reconstituted soon, as per its usual schedule, and its revised composition will be of interest. The approach so far has been to have three members from RBI, including its governor, and three external members. These members are appointed by the central government for a term of four years.

Bajaj Finance and Bajaj Finserv, aims to raise approximately Rs 6,560 crore through the public offer. This will consist of Rs 3,560 crore from a fresh equity sale and Rs 3,000 crore from an offer for sale (OFS). The price band for the issue will be announced soon.

The Robot Cafe in Kenya's capital, Nairobi, is creating a buzz by using preprogrammed robots to deliver food to customers

SUMMER ISLAND, Mich.—Steve Libert steered his finicky pontoon boat and aging crew of scuba divers to a spot offshore this uninhabited island in northern Lake Michigan, lined up with a dead cedar tree and dropped anchor. Eight feet beneath the clear, green water sat the skeletal wreck of the first full-size European ship to sail—and sink—in the Upper Great Lakes, in 1679: French explorer Robert La Salle’s Le Griffon. Or maybe not.

regulatory stance on the industry are planning to raise at least $100,000 for the Democratic nominee at a Sept. 13 Washington fundraiser. The grassroots event is scheduled to take place between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, and aims to bring together a diverse group of donors, the organizers told Reuters. Tickets to the fundraiser range from $500 to $5,000, said Cleve Mesidor, executive director of the Blockchain Foundation and one of the organisers. The event's fundraising goal is small compared to the hundreds of millions Harris has raked in since becoming the Democratic presidential candidate in July when President Joe Biden dropped out of the race. But it is the latest sign that at least some in the industry are rallying behind her rather than Republican nominee Donald Trump, who has courted big crypto donors with friendly policy pledges.

Gajendra Singh Shekhawat at The Economic Times World Leaders Forum on Saturday. “In the global economy, the contribution of tourism is about 10.4%. Compared to that we are at 7.9%. Our 7.9% contribution to the economy is going to be more than 10%. And we will exceed the global average in the next five years,” said Shekhawat as he spoke about Destination India and driving tourism to new heights. “By 2047, when the country will be on the cusp of being Viksit Bharat, one of the most crucial agents for driving that vision will be tourism. The world is looking at India with a new sense of curiosity,” he added.

sugar stocks listed on the BSE, 35 closed higher on Friday. Shares of Triveni Engineering jumped 8.6%. EID Parry, Balrampur Chini, Shree Renuka Sugars, Dalmia Bharat Sugar, DCM Shriram, Avadh Sugar & Energy and Dhampur Sugar Mills gained between 1.9% and 7.5% on Friday. The government's notification removes the limit that exists on the diversion of sugar for ethanol production. «Since ethanol is a high-yielding product, this removal of cap would help the sugar mills and distilleries to manufacture more ethanol and improve their revenue mix directly, which will improve cash flows and stabilize the sugar industry,» said T Manish, research analyst, Samco Securities.

The Indian culinary scene still suffers from that same colonial hangover when it comes to codification, with the curricula in desi catering and cooking colleges continuing to teach primarily European precepts, mainly French. Considering India regained independence 77 years ago, and our cuisines have become popular worldwide especially in the past 30 years, it is mystifying why the basic principles of our many cooking styles are not better known or widely taught yet. The first reason that comes to mind is inertia. A famous Indian chef recently commented how Indians tend to just replicate a successful idea millions of times to make 'easy' money instead of innovating. Although the redoubtable Thangam E Philip of Dadar Catering College wrote her magnum opus Modern Cookery for Teaching and the Trade in 1965 and was awarded a Padma Shri in 1976 for services to the hospitality industry, not much has happened since then.