Gap Financial News

small savings schemes. These investment instruments can also be referred to as post office savings schemes. Here, we give a lowdown on 13 small savings schemes in which investors can invest to earn anywhere between 4 percent to 8.2 percent per annum.

KKR is looking to acquire a minority stake in the Tandon Group-owned healthcare BPO Infinx Healthcare. The global private equity major is likely to invest about $150 million, or Rs 1,250 crore, to acquire about 26% stake in Infinx, two people aware of the development told ET. «We expect this sector (healthcare BPO) to continue growing in India, driven by global demand, and believe that Infinx is well placed to meet this gap through its tech-enabled solutions,» Akshay Tanna, partner and head of India private equity at KKR, told ET. «We will draw on our local knowledge and healthcare expertise to support Infinx's growth and build a healthcare platform, including through organic and inorganic growth strategies.»

government panel has held that companies knowingly violated Faster Adoption & Manufacturing of Electric Vehicles (FAME) subsidy scheme guidelines that were 'very clear', officials said. The report, submitted by the panel earlier this month, counters findings of an earlier probe by a joint secretary in the Ministry of Heavy Industries (MHI) that said some key terms in the FAME were not clearly defined. The December 2023 report by the joint secretary was not accepted by the Centre, which ordered a fresh probe in February.

₹65,000 crore, 108 deals) during calendar 2023, compared with $5.3 billion (close to ₹43,500 crore, 77 deals) in 2022. Two deals stood out: a 3-year, ₹1,723-crore refinancing deal for the Shapoorji Pallonji Group and a ₹711-crore refinancing loan for Vedanta Group. In fact, it is believed that a large chunk of the private credit in India during the past few years was earmarked for refinancing stressed real estate loans.

In the dynamic landscape of cryptocurrency investments, discerning investors are turning their attention towards Real world assets as the standout memecoin for 2024. This surge in interest comes as $DOGEP unveils its pioneering Multi-Chain Real Estate Project, poised to revolutionize traditional investment paradigms.

Outer Range' Season 2 were made available for streaming on Prime Video, the obvious question being asked was, whether its sequel will come. The plot of the second season makes it clear that the nature of Abbott’s hole, and the mystery of the strange young drifter Autumn can be easily explored further. 'Outer Range' Season 1 was praised and appreciated for its artistic treatment of the subject and it received a 79% rating on Rotten Tomatoes.

All About AI, Arundhati Bhattacharya, Chairperson and CEO of Salesforce India, dispels these fears and discusses how she is bridging the generation gap and making Salesforce a Great Place to Work. “When I came in, there were disparate groups—sales and distribution, technology and products, support and success. Each group had its leaders, but nobody was bringing them together to create one Salesforce vision and ensure that each group developed the Salesforce DNA," Arundhati reflects on the time she assumed the mantle in April 2020.

A new survey by Deloitte sheds light on the contrasting views between current and next-generation members of family businesses in the US, particularly regarding succession planning and risk management.

Voltas Ltd. fell 2.57 per cent to Rs 1287.05 in Friday's session as of 02:09PM (IST) even as the equity benchmark Sensex traded 302.14 points higher at 73965.86. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 1500.0 and a 52-week low of Rs 745.0 on NSE. Around 44697 shares changed hands on the counter till 02:09PM (IST).

Adani Power Ltd. traded at Rs 633.9 on BSE at 02:04PM (IST) on Friday, down 0.94 per cent from previous close. The scrip quoted a 52-week low price of Rs 214.0 and a high of Rs 651.6.

Max Healthcare Institute Ltd. fell 0.35 per cent to Rs 845.25 in Friday's session as of 01:58PM (IST) even as the equity benchmark Sensex traded 286.34 points higher at 73950.06. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 909.0 and a 52-week low of Rs 505.35 on NSE. Around 9449 shares changed hands on the counter till 01:58PM (IST).

Indian stocks are set for the biggest monthly outflow in nearly a year as election uncertainties and high valuations prompt some funds to shift to cheaper alternatives like Chinese equities. Global investors have pulled a net $3.5 billion from India’s stock markets so far in May, on course for the biggest withdrawal since June 2023, according to data compiled by Bloomberg.

₹210.2 crore from ₹136.5 crore, as per the exchange filing. Endurance Technologies consolidated total income rose by 20% year over year to ₹2,711.3 crore from ₹2,255.2 crore. Endurance Technologies share price today opened at ₹2,202.25 on BSE, the stock touched an intraday high of ₹2,317.55 and an intraday low of ₹2,166.45.

NEW DELHI : Logistics and supply chain management company Transport Corporation of India (TCI) plans to acquire two cargo ships worth $35-40 million in the current fiscal to bolster its seaways business. TCI is exploring options from shipbuilding operations in China, Japan, and Korea, expecting to finalize a deal in the second half of the fiscal year. “We placed orders for two ships in the last financial year but unfortunately shipyard in Japan cancelled it at the last minute.

Bharat Electronics Ltd. traded at Rs 241.65 on BSE at 10:20AM (IST) on Friday, up 1.57 per cent from previous close. The scrip quoted a 52-week low price of Rs 105.75 and a high of Rs 244.0.

India Inc, not just IT, dangles big bucks for AI specialists. But is it all hype? Moreover, AI proficiency has emerged as a top priority in India Inc.'s hiring strategy, with 75% of employers emphasizing the importance of AI skills for new hires, surpassing the global average of 66%. Interestingly, there is a clear preference for AI skills over experience, with 80% of the leaders in India preferring less experienced candidates with AI skills over seasoned candidates lacking such skills, the study revealed.

ISB Executive Education, ranked number one B-school in India in FT Global MBA Ranking 2024 commenced its 15th batch of Certificate Programme in IT Project Management, along with Emeritus, the global leader in making high-quality education accessible and affordable to individuals and organisations.The 12-week online Certificate Programme in IT Project Management is thoughtfully designed for professionals who aspire to embrace digital disruption, adopt lean techniques, and utilise tools adaptable to increasingly agile environments. This programme is tailored for early-career professionals aiming to elevate their roles within their organisations by refining IT operations management systems, processes, and best practices.

Bajaj Holdings & Investment Ltd. fell 1.19 per cent to Rs 8325.0 in Thursday's session as of 01:43PM (IST) even as the equity benchmark Sensex traded 363.56 points lower at 72623.47. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 9355.0 and a 52-week low of Rs 6259.0 on NSE. Around 321 shares changed hands on the counter till 01:43PM (IST).

ALSO READ: Wall Street today: US stocks surge after inflation data Videogame retailer GameStop shed nearly 30 per cent, nearly half of its gains in the past two sessions, while cinema chain AMC fell 25 per cent after surging 135 per cent in the same period. In an exchange filing, AMC said it will issue nearly 23.3 million shares of its stock to exchange for $163.9 million in debt that it owes. Trading in the retail investor darlings were halted multiple times after the market opened, with investors exchanging more than $2.3 billion worth of GameStop shares.

NASA has unveiled its plan to construct the first lunar railway system, designed to offer reliable, autonomous, and efficient payload transport on the Moon. In its official blog, NASA said that this durable, long-lasting robotic transport system will be essential for the daily operations of a sustainable lunar base envisioned for the 2030s, as part of NASA’s Moon to Mars initiative and mission concepts like the Robotic Lunar Surface Operations 2 (RLSO2). «Moreover, NASA has proposed a solution for transporting regolith mined for ISRU consumables (H2O, LOX, LH2) or construction materials, as well as for moving payloads around the lunar base and to/from landing zones or other outposts,» NASA added. The agency introduced FLOAT — Flexible Levitation on a Track — to address these transportation needs. The FLOAT system utilizes unpowered magnetic robots that levitate over a 3-layer flexible film track. This track comprises a graphite layer for passive floating using diamagnetic levitation, a flex-circuit layer for generating electromagnetic thrust to propel robots along the tracks, and an optional thin-film solar panel layer for power generation when exposed to sunlight.

Mint, Alex Sinclair, GSMA's chief technology officer, said BharatGPT could be a potential solution. An initiative by Reliance Jio in collaboration with IIT Bombay, the generative AI (Gen AI) platform aims to serve speakers of 14-plus Indian languages, including Hindi. Sinclair said that other GSMA members, such as SK Telecom, Deutsche Telekom, and Singtel, are already sharing AI models in their respective languages.