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BSE) and the Bombay Stock Exchange (BSE) have imposed fines of over Rs 10 lakh on direct-to-home (DTH) company Dish TV for board composition-related violations. In a regulatory filing, Dish TV said the stock exchanges had issued notices dated November 21 to the company for non-compliance with the requirements pertaining to the composition of the board and the composition of the Nomination and Remuneration Committee of the Board for the quarter ended September 30. The stock exchanges also imposed fines on the company for non-compliance with Regulation 17(1) (Composition of Board) and Regulation 19(1)/19(2) (Composition of Nomination and Remuneration Committee of the Board) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both the NSE and BSE have imposed fines worth Rs 5.14 lakh each on the company. The company said it has taken the required steps to ensure compliance with Regulations 17(1) and 19 of the Listing Regulations, and the said non-compliance in the reduction of directors is beyond its control. It noted that the board strength has been less than the SEBI-mandated six directors since March 3 due to the non-approval of the appointment of four independent directors by the company's shareholders at the Extraordinary General Meeting (EGM) held on March 3 and the resignation of independent director Zohra Chatterji with effect from June 2. Dish TV, at its meeting held on September 21, 2023, appointed Aanchal David as Independent Director of the Company with effect from September 26, 2023, subject to shareholders’ approval. Further, at its meeting held on September 29, 2023, the company appointed Rajesh Sahni and Virender Kumar Tagra as non-executive, non-independent directors of

central bank digital currencies (CBDC), sources close to the development told ET. An internal Reserve Bank of India (RBI) working group has been exploring the best technology path to develop a roadmap for such direct transactions between two countries. CBDC, or the equivalent of paper money in a digital form, has the potential to be a game-changer, particularly in facilitating cross-border settlements that currently require the Swift platform for routing funds through banks.

oil companies in India have spent ₹65,000 crore on capital expenditure during the first seven months of this financial year, underscoring their rapid expansion to meet surging demand for energy in one of the world's fastest-growing economies. These companies had set a capex target of ₹106,000 crore for the year through March 2024, and they have already achieved 62% during the April to October period, according to oil ministry data. IndianOil, the nation's top refiner and fossil fuel retailer, has already spent two-thirds of this year's budget of ₹30,000 crore. The company has been spending on a range of projects from petrochemicals to pipelines, fuel marketing, and natural gas infrastructure. IndianOil is targeting to boost its refining capacity to 107 million tonnes per annum (mtpa) by 2025 from the current 70 mtpa Oil and Natural Gas Corp., the largest domestic producer of oil and gas, is the second-highest spender among the state-run oil companies.

Nifty is anticipated to trade within a range, and a move above 19,900 could trigger an extended rally possibly to new life highs, according to technical analysts. Conversely, in the event of profit booking, initial supports may emerge around 19,500-19,400. Stocks such as Bharti Airtel, Bajaj Auto, NTPC, Jindal Stainless, RIL, Lupin, BHEL, Divi’s Lab, Bharat Forge, and Oberoi Realty could attract strong buying interest, they said. SAMEET CHAVAN HEAD RESEARCH-TECHNICAL AND DERIVATIVES, ANGEL ONE Where is Nifty headed? Throughout the last week, the Nifty encountered resistance around the 19,850-19,900 zone, near the previous swing high.

corporate governance lapses across well-funded startups in India has already turned investors wary of writing big cheques when the sector is also facing a funding winter. There's a domino effect of it now as there have been several instances of big-ticket investors conducting additional layers of checks and balances with late-stage startups, ET has learnt during conversations with almost half a dozen stakeholders in the ecosystem.

primary market in November hit a 23-month high even as they remained net sellers in the secondary market in this period. Foreign portfolio investors invested ₹7,688 crore in the primary market in November till Thursday with the IPO market buzzing with activity, while they offloaded Indian shares worth ₹6,877 crore.

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August existing home sales on 'The Claman Countdown.'

Police in Hong Kong have begun investigating the crypto trading platform after more than 130 people said they had been scammed.

Christmas tree. A TikTok user shared a video revealing a startling infestation of praying mantises in her Christmas tree. The clip, which has amassed 4.3 million views, captures the branches of the holiday pine swarming with baby praying mantises. The caption reads, «That time our tree hatched a million friends. Only a fake tree from now on.» Accompanying the video is a photo compilation showcasing the Christmas tree transformed into an unintentional haven for the tiny insects, resembling an eerie decoration reminiscent of «The Nightmare Before Christmas.» The TikTok user has issued a warning to viewers, advising them to «beware of real trees». The incident adds a surreal twist to the holiday season, turning what should be a festive tradition into a real-life encounter with a biblical-like swarm of praying mantises. It's not an unusual occurrence for mantises to take residence in people's Christmas trees. These predatory insects are known to lay their eggs on various plants, including Christmas conifers, providing potential shelter from winter weather and predators. Due to the warm indoor temperatures, the mantids may mistake it for springtime and start hatching, a phenomenon acknowledged by experts. However, this can pose a significant issue during hatching, as each egg sac, known as an oothecae, can contain up to 200 eggs. To prevent an early 'Christmas' for the insects, experts recommend thoroughly checking fir trees for egg cases before bringing them indoors. The oothecae typically appear as light brown, 1.5 inches long structures, resembling a glob of drywall insulation foam.

MUMBAI : FPI net inflows into Indian bonds in November have hit the highest level in 26 months, thanks to higher allocations by foreign investors to emerging markets like India in anticipation of US interest rates having peaked and buying by non-index funds ahead of the country’s inclusion in JP Morgan’s Global Bond Index - Emerging Markets next year. Analysts expect the flows to remain strong, though volatile.

Nirmala Sitharaman said on Monday, describing exchange rate fluctuations and high-interest rates as downsides for the Indian economy. Speaking virtually at the India Global Forum held in the UAE, Sitharaman said high-interest rates, especially in advanced countries, “will have a bearing on investments into India." “The domestic market and our macroeconomic fundamentals are fairly well-rooted. India is comfortably placed because of our stable policy and predictable tax domains, but factors outside are not in our control," Sitharaman said.

MUMBAI : The Reserve Bank of India (RBI) slapped penalties totalling ₹71.4 crore in 56 cases in the year so far as it enhanced scrutiny of banks, non-banks and other regulated entities, data compiled by Mint showed. In comparison, the banking regulator levied fines of ₹26 crore across 34 cases in all of last year.

₹3.2 trillion, the highest-ever. This would allow it to build more greenfield highways and expressways, giving a leg-up to transport infrastructure that is key to propelling economic growth. The higher capex for the roads ministry may be announced in the interim budget to be presented in Parliament in February, the person said, adding that MoRTH has already indicated the numbers in its pre-budget consultations.

NEW DELHI : Generative artificial intelligence, the biggest buzzword in enterprise technology this year, will not be a factor helping India’s $245-billion information technology services industry return to revenue growth in the ongoing quarter or the next. In fact, gen AI’s contribution to the overall revenue of India’s top IT services firms is expected to be less than 1% despite an increasing number of pilots and partnerships in this emerging technology, say industry experts. This is not entirely unexpected.

The following is an excerpt from «This week, your wallet,» an audio program produced by CNBC's Personal Finance team. Listen to the latest episode here . [Editor's note: Audio clip begins at the 2:33 minute mark.]

Alzheimer's disease is the most common type of dementia. As defined by the US Centers for Disease Control and Prevention, it is «a progressive disease beginning with mild memory loss and possibly leading to loss of the ability to carry on a conversation and respond to the environment». Currently, there is no cure for Alzheimer's disease.

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GPR (Ground Penetrating Radar) survey team was sent back to Delhi as manual drilling began on the 16th day of the rescue operations in Uttarkashi. The Ground Penetrating survey will not be conducted inside the rescue tunnel again, said officials. The Ground Penetrating team who came to conduct a survey at the rescue site of the Silkyara tunnel, informed that there were no heavy objects up to 5 metres in the rescue tunnel on Friday. The rescue work was halted as the Auger machine broke as soon as it got struck with a heavy object. The team, which came from Parsan Overseas Pvt Ltd Delhi, used the ground-penetrating radar (GPR) technique to examine the rescue tunnel. Ground Penetrating Radar, also known as GPR, Georadar, Subsurface Interface Radar, or Geo-Probing Radar, is a totally non-destructive technique to produce a cross-section profile of the subsurface without any drilling, trenching or ground disturbances.

Elon Musk landed in Tel Aviv on Monday, beginning a visit during which Israeli leaders plan to bring his attention to the plight of hostages held in war-torn Gaza and discuss rising antisemitism online, Reuters reported. Israeli President Isaac Herzog's office on Sunday announced that Musk would be coming to meet the head of state.

As banks and non-banking financial companies become stringent in disbursing unsecured personal loans and credit card receivables after the Reserve Bank of India (RBI) increased the risk weights on these loans, borrowers should now keep the credit utilisation ratio (CUR) below 30%, experts say. Till now, loans were disbursed even at a CUR of 50%.