Indian Financial News

Adani group companies' shares. A TOI report on Wednesday showed that the central investigative agency has shared its intelligence related to these 16 entities, which includes foreign portfolio investors (FPIs) with Securities and Exchange Board of India (Sebi).

Indian Hotels Company Ltd. rose 1.78 per cent to Rs 400.0 in Wednesday's trade.

Thailand is likely to ease visa rules for Indian and Chinese travelers and allow longer stays for visitors from all nations. PM Srettha Thavisin discussed options with executives of Thailand Pcl and several other airlines. In a post on X (formerly Twitter), PM Srettha said, “The airport operator agreed to reduce bottlenecks to augment flight capacity by 20% and find ways to speed up immigration clearances." The new government aims to lift revenue from foreign tourists to 3.3 trillion baht next year, with the travel industry offering “the best short-term economic stimulus," Srettha said as quoted by Bloomberg News. According to Bank of Thailand data, tourism accounts for about 12% of gross domestic product and nearly a fifth of jobs in the country.

India on Tuesday lodged a strong protest with China over its release of the so-called «standard map» that laid claim over Arunachal Pradesh and the Aksai Chin as region within its borders. External Affairs Ministry spokesperson Arindam Bagchi said India rejects these claims as they have no basis and that such steps by the Chinese side only «complicate» the resolution of the boundary question. «We have today lodged a strong protest through diplomatic channels with the Chinese side on the so-called 2023 'standard map' of China that lays claim to India's territory,» he said. «We reject these claims as they have no basis.

hybrid vehicles, for introduction in the Indian market in line with the government’s directive to cut crude oil imports and vehicular pollution, Toyota Kirloskar Motor (TKM) managing director Masakazu Yoshimura told ET. The company, which operates in a joint venture with the Kirloskar Group, has started testing a flex fuel strong hybrid version of multi-purpose vehicle Hycross in India. “This is a prototype which we are testing for the first time globally for the market in India. It can take ethanol as well as with the strong hybrid and can have a better fuel efficiency of about 40-50% (compared to gasoline),” said Yoshimura. He declined to specify a timeline for commercial production of the vehicle but said extensive testing is on, after which the vehicle will go in for homologation and certification.

India house up to 15% of the Indian tech talent pool and can drive 50% cost savings for India's $245 billion technology landscape, said a report released by Deloitte India and Nasscom on Tuesday. This includes regions like Ahmedabad, Chandigarh, Indore, Jaipur, Kochi, Mysuru, Warangal, Hubli, Madurai, Raipur, Guwahati and Vishakhapatnam among others. The report found talent pool costs are 25-30% lower than those in mature hubs, with 50% cost savings in real estate rentals compared with mature hubs. This economic advantage also makes these cities an attractive choice for growth with lower investments demonstrated by over 140 Global Capability Centres (GCCs) located in these places.

₹305 crore during the session. As per the NSE data, FIIs cumulatively bought ₹10,515.8 crore of Indian equities, while they sold ₹10,453.97 crore --- resulting in an inflow of ₹61.51 crore. Meanwhile, DIIs infused ₹8,131.87 crore and offloaded ₹7,826.78 crore, registering an inflow of ₹305.09 crore.

CoinSwitch crypto exchange is the latest crypto trading platform in India that cut its workforce amid the prolonged cryptocurrency winter, the local news agency Moneycontrol reported on Aug. 28.

CoinSwitch, an Indian crypto unicorn, has become the latest in the crypto layoff spree in India, announcing job cuts in its customer support and operations teams.

UAE Navy Subject Matter Expert delegation led by Colonel Dr Ali Saif Ali Mehrazi arrived in India on August 27 on a four-day visit to specialised meteorology, oceanography and weather modelling units of Indian Navy (IN) at Kochi, Goa and New Delhi. This visit signifies the beginning of a new chapter in professional cooperation between the two navies, with the goal of exchanging professional knowledge, expertise, training and collaboration in the fields of meteorology, oceanography and weather and ocean modelling, a Defence Ministry release said. The UAE Navy delegation visited Kochi on August 28 where they met senior officers of the Navy for professional interaction at the Naval Operations Data Processing and Analysis Centre (NODPAC), which is a dedicated unit for aspects of oceanography, ocean state forecast and ocean modelling. They also visited the Indian Naval Meteorological Analysis Centre (INMAC), which looks into the aspects of weather forecasts and atmosphere modelling. The release said the UAE Navy delegation also visited the School of Naval Oceanology and Meteorology (SNOM), which caters to the Meteorological, Oceanographic and Numerical Weather Prediction (NWP) training needs of the Indian Navy. The Indian Navy over the years has accrued knowledge, expertise and skills in the domain of meteorology and oceanography, the release said. Through its dedicated units, the Indian Navy has also been supporting many countries in the Indian Ocean Region (IOR) with training in the fields as well as daily weather forecast services to ensure maritime safety in the region. The delegation would also be visiting Air Squadrons and Met Office at INS Hansa, Goa, which is the premier Naval Air Station of the Navy followed by a

State-owned construction firm NBCC has received a Rs 66 crore order from the Indian Medical Association to plan and execute IMA House in the national capital. In a regulatory filing on Monday, NBCC said it bagged a project management consultancy work order worth Rs 66.32 crore from the Indian Medical Association (IMA). The scope of the order is «planning, designing and execution of IMA House» at Indraprastha, IP Estate, New Delhi.

Canada between April 2022 and March 2023, according to a recent report from The Technology Councils of North America (TECNA) and Canada's Tech Network (CTN). Out of more than 32,000 tech workers, 15,097 came from India, followed by 1,808 from Nigeria, partly due to Canada's immigration-friendly national policy and labor cost advantage, the report said. According to the report, the rise of remote work has resulted in tech talents more frequently moving away from traditional tech hubs. This is partly due to the COVID-19 pandemic, the report said. The same report said that in 2022, Canada had more than 400,000 software developers in the country and the growth of the national tech workforce has not been limited to the bigger Canadian markets. In fact, smaller provinces like Saskatchewan and Newfoundland and Labrador have experienced the most rapid growth in their tech workforces, with a year-over-year growth of 16.3%. Mississauga, home to nearly 1,000 IT companies with over 300,000 tech professionals, and Montreal, where tech ecosystems have grown around 31 per cent from 2015 to 2020, were among the top Canadian cities to tap the talent.

Rohit Sharma and Virat Kohli will be eyeing to get past none other than Sachin Tendulkar, the highest run scorer from India in the Asia Cup. While Rohit is much closer to Sachin in terms of total runs in the tournament, King Kohli always tends to pleasantly surprise his fans. Let’s have a look at the top run scorers in the Asia Cup.

Indian Institutes of Management (IIMs), including Ahmedabad, Indore, Kozhikode, Raipur, Nagpur and Sirmaur. On graduating from these institutes, the young managers/leaders are expected to be equipped to take key decisions at the board-room and corporate levels with management learnings from ancient Indian heritage and culture. The unique courses cover management learnings from Indian philosophy, ancient Indian ethos, science of happiness, Kautilya's Arthashastra, negotiation skills based on the Mahabharata and workplace wellbeing through karma yoga. These courses, most of which are in the pipeline, will be credit-based electives and are in line with the National Education Policy 2020. The policy proposes the revision and revamping of all aspects of the education structure, including its regulation and governance, to create a new system that is aligned with the aspirational goals of 21st century education, including the sustainable development goal on quality education (SGD4), while building upon India's traditions and value systems, the NEP policy document states. IIM-Ahmedabad is offering brand new courses on Indian philosophy, ancient Indian economy and management through its new online offering for any learner (even outside of IIMA).

Indian government has appointed Geetika Srivastava, joint secretary (Indo-Pacific) in the external affairs ministry, to head the post of chargé d’affaires in the Indian high commission in Islamabad, said a report by Hindustantimes.com citing people familiar with the matter. She will be the first woman diplomat to hold this post in the Indian high commission in Islamabad.

Centre's submission on pleas challenging the abrogation of Article 370 that the Constitution of Jammu and Kashmir is «subordinate» to the Indian Constitution, which is on a higher pedestal.

₹1,393.25 crore. Domestic institutional investors (DIIs) continued their buying streak for the seventh session on Monday and bought shares for ₹1,264.01 crore. As per NSE data, on August 28, FIIs' buy value was at ₹10,235.41 crore and sell value at ₹11,628.66 crore -- resulting in an outflow of ₹1,393.25 crore.

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Kolkata, August 2023: Leading FMCG Giant Prabhuji Sweets and Namkeens, proudly announces an exclusive partnership with Bollywood superstar Shah Rukh Khan and acclaimed actress Rashmika Mandanna. While Prabhuji Sweets and Namkeens' products are cherished delicacies that have been synonymous with India's culinary heritage, this collaboration is rooted in a shared vision to celebrate and share authentic Indian flavors with the world.

India's golden boy at the 2020 Olympic Summer Olympics, Neeraj Chopra scripted history in Budapest on Monday, beating arch-rival from Pakistan, Arshad Nadeem, to win the country's first-ever gold medal in the World Athletics Championships. It was his second medal at the World Championships after he secured a silver last year. Neeraj Chopra, 25 years, is also being praised for his patriotic gesture.

The financial capital of India has recorded the sixth highest year-on-year growth in prime residential property prices among global cities in the April-June period of 2023. In the second quarter of 2023, the prices of prime residential properties rose by 5.2 per cent year-on-year in Mumbai.