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Insolvency and Bankruptcy Code (IBC). «From FY 2018-19 to FY 2023-24 (up to 30th November, 2023) 1,06,561 companies have exited voluntarily under section 248(2) of the Companies Act, 2013. »From FY 2018-19 to FY 2023-24 (up to 30th September 2023) final reports of 1,168 companies have been submitted by liquidators under section 59 of the Insolvency and Bankruptcy Code, 2016 (Code), of which final dissolution orders have been passed by NCLT in 633 cases during the said period," Union Minister Rao Inderjit Singh told the Lok Sabha.

BERLIN (Reuters) — Continental will make its user experience unit, which makes instrument panels and displays for vehicles, independent, opening up the option of a potential sell-off or change of ownership, the company said at a capital markets day on Monday.

Mint, David Weinberg, COO of Skechers USA, said the company is committed to strengthening its presence in India as one of the top brands. Skechers' solid financial foundation allows for flexible investments in response to market needs, he said. “As far as the amount (is concerned), we as a company never preset the amount we're going to invest.

National Crime Records Bureau (NCRB), Delhi registered the highest rate of crime against women in the country in 2022. The national capital recorded 14,247 cases in 2022 with a rate of 144.4 (per lakh), which was way above the national average of 66.4. The crime against women in the national capital stood at 14,277 in 2021 and 10,093 in 2020, reported PTI.

₹3.25 lakh crore for the fiscal year 2024-25 from the Ministry of Finance, which is a 25 percent increase compared to the previous year, according to a report by Moneycontrol. The government aims to maintain minimal market borrowings for the National Highways Authority of India in the upcoming financial year, government officials said.

₹50,000) and reports of rising delinquencies among small borrowers all point to a strain on household finances. Since about 80% of annual household borrowing is from banks and the rest from NBFCs, the RBI action may address the household debt problem to the extent that it limits funding from these sources. Banks have always been central to our financial system, but the systemic importance of NBFCs has increased in recent years as they have caught up with banks on various metrics.

Also Read: Stock Market Today: Nifty 50, Sensex clock robust gains; investors richer by about ₹6 lakh crore in a day Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, commented on the momentum, stating, “The Bank Nifty bulls made a strong comeback, surpassing the all-time high levels and dispelling the bearish sentiment. The momentum is anticipated to persist, with robust support identified at the 46000–45800 zone, serving as a cushion for the bulls.

Australia was trying to survive in the recent India-Australia series, a controversy erupted as the on-field umpire Virender Sharma was hit by a shot from Nathan Ellis on the field. Australia was in a tense situation when the ball hit the umpire.

Chhattisgarh chief minister Bhupesh Baghel «funded» the Congress party's campaign in the assembly polls in Himachal Pradesh «from money received through the Mahadev app scam», and added that further investigations would reveal the truth. Thakur, the leader of opposition in the state, targeted Baghel a day after the Congress leader lost the chief minister's post following the Congress's defeat to the BJP in the Chhattisgarh assembly polls.

Andhra Pradesh on Monday under the influence of cyclonic storm 'Michaung' as the state government issued an alert to the eight districts as it nears the southern coastal region before landfall. Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy held a review meeting on the cyclone with senior officials on Monday and set several relief efforts in motion. Also, an alert was issued to the districts of Tirupati, Nellore, Prakasam, Bapatla, Krishna, West Godavari, Konaseema, and Kakinada.

The 30-share BSE Sensex jumped 1,383.93 points, or 2.05 per cent, to close at a lifetime high of 68,865.12. The index touched an intra-day record peak of 68,918.22. The barometer logged its biggest single-day jump since May 20, 2022.

Investing.com — U.S. stocks are set to start the new week on a negative note, handing back some of the prior month's strong gains as traders await Friday's key jobs report. Bitcoin soars above $40,000, while crude retreats amid uncertainty over the actual extent of newly announced OPEC+ output cuts. The COP28 meeting is coming to an end, with its final agreement in dispute. 

Axis Mutual Fund announced the launch of the Axis India Manufacturing Fund, an open-ended equity scheme representing the Indian manufacturing theme. The scheme opened for public subscription on December 01, 2023, and will close on December 15, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.

Lalduhoma secured a clear victory in the Serchhip Assembly constituency of Mizoram. Lalduhoma is the chief ministrial candidate from the ZPM. He was pitted against MNF debutant J Malsawmzual Vanchhawng.

Bank of India (RBI) shows that about ₹10.27 trillion was locked in bank deposits in fiscal year 2023. To put this number in perspective, only about ₹1.8 trillion household savings went into mutual funds through systematic investment plans (SIPs) in the same year. Due to RBI’s hawkish stance on retail inflation and the rising retail demand for credit, term deposit rates in India have risen to their highest in the past decade.

Assembly poll results 2023 in three states - Madhya Pradesh, Rajasthan and Chhattisgarh - being a disappointment for the Congress, some rumblings have begun among the constituents of the INDIA opposition bloc ahead of their meeting on December 6, with many leaders alleging that the grand old party ignored others, but was unable to win elections on its own. Some regional parties, including the TMC, AAP, and SP had earlier expressed eagerness for early seat-sharing talks, but the Congress delayed discussions until after assembly polls.

cough syrup linked to the deaths of at least six children in Cameroon have found unidentified quality issues in at least one of the five samples picked up by authorities, two people familiar with the investigation told Reuters. Riemann Labs is one of three Indian drugmakers whose cough syrups have been linked to the deaths of at least 141 children in Gambia, Uzbekistan and Cameroon since the middle of last year. That has cast a shadow on the quality of exports from India, often dubbed the «world's pharmacy» due to its supply of life-saving drugs at low prices to countries that most need them. The World Health Organization (WHO) said in July that a sample picked up from Cameroon of Naturcold syrup, whose maker India has identified as Riemann, contained as much 28.6% of the toxin of diethylene glycol, compared with an acceptable limit of no more than 0.10%. Indian authorities said they had suspended Riemann's production soon after the WHO alert, citing violations of good manufacturing practices.

CIL has already begun actions to fulfil all resources needed to achieve one billion tonnes of annual production target, Parliament was informed on Monday. In reply to a question in the Rajya Sabha, Coal and Mines Minister Pralhad Joshi said that Coal India (CIL) is expected to achieve the production of one billion tonnes by 2025-26.

Three out of every four  Web3 games  launched in the past five years have met their demise, presenting a bleak outlook for GameFi industry. 

Sanjeev Prasad, MD & Co-Head, Kotak Institutional Equities, says “everybody likes the long-term story of India. People want to put more money to work into India, so now that whatever little uncertainty was there with respect to election results and the probability of a correction in the market has obviously gone down dramatically, probably it makes sense to jump in now rather than wait for something else to happen which may result in a break in the market and give an opportunity for investors to come in. ” Will the bulls continue to smile or is it time to hold back your horses and say that this is a euphoria and euphoria really makes money? Well, it depends on which part of the market you are looking at. If you are looking at the very largecaps or the megacaps, the valuations are still pretty reasonable and that is a part of the market where we have been highlighting investors to focus incrementally over the last two, three months now. The financial sector space has been a bit underperformer. The valuations are very reasonable there and even attractive in some cases. Now, if you look at the rest of the market beyond the megacaps and the financial space, there is not much value left over there. The consumption names, pharmaceutical, IT are probably fully valued to fairly richly valued, I would say. So the scope of making money from here seems to be somewhat limited a bit about what our short term euphoria will be there and where the stock price may go in the short term.

1. Canada Express Entry: Canada Express Entry is a system that manages applications for three federal economic immigration programs: the Federal Skilled Worker Program, the Federal Skilled Trades Program, and the Canadian Experience Class.