Information Financial News
29.11 / 18:33
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Investigations
'Digital Arrest' scam wipes out life savings of 90-year-old in Gujarat: Here's what happened
₹1 crore. The elderly victim, a stock market trader, was duped by fraudsters posing as officers from the Central Bureau of Investigation (CBI), who alleged his involvement in a drug trafficking and money laundering racket, reported NDTV.According to the publication, the conmen, part of a gang operating in collaboration with associates in China, initiated the scam through a WhatsApp call.
29.11 / 14:29
markets
Man
WhatsApp
Trade
information
reports
Updates
WhatsApp share market scam dupe: Mumbai man loses ₹11.1 crore in fake investment scheme
₹11.1 crore. The victim, a former ship captain, fell prey to a well-orchestrated scam that began through a WhatsApp group, reported ET.As per the publication, the elderly man was added to the group on August 19, under the guise of a reputed financial services company.
29.11 / 12:05
markets
Digital
Death
Research
Experts
Indus
information
Researcher's death in cave-in: Gujarat cops seek SOP details from IITs, ASI
Gujarat police on Friday said it was probing whether standard operating procedures were in place in connection with the November 27 trench cave-in near the Indus Valley Civilisation site of Lothal, which resulted in the death of a PhD student of Indian Institute of Technology Delhi. Deceased Surbhi Verma (23) and three other researchers were at the ancient Indus Valley Civilisation site, some 80 kilometres from Ahmedabad, for research work and collection of samples when a 10-foot deep trench caved in. «The joint team of IIT Delhi and IIT Gandhinagar had reached the spot to collect soil samples for paleoclimatic study. Surabhi, who was deep inside the pit, died instantly in the cave-in. A woman professor from IIT Delhi was rescued and two researchers from IIT Gandhinagar were unhurt,» said Ahmedabad District Superintendent of Police Om Prakash Jat. Koth police registered an accidental death case and began a probe, he added.
29.11 / 12:05
markets
security
Strategy
War
PAM
information
Israeli bus attacked in West Bank, at least eight injured
Israeli troops, the military and emergency services said on Friday. Israel's MDA medical service said four people suffered gunshot wounds, with three in a serious condition, while four others were hurt by flying glass. There was no initial information about the identity of the attacker.
29.11 / 10:29
UPS
Digital
WhatsApp
Celebrity
information
reports
Mint Quick Edit: Cyber cons go from digital arrests to wedding scams
Subscribe to enjoy similar stories. Even as people in India come to terms with the idea of a ‘digital arrest’, invented by scamsters acting like law enforcers to scare people out of their money, cybercriminals seem to have expanded their repertoire of tricks to swindle people online.
29.11 / 09:45
markets
Digital
Strategy
Hyundai
Experts
information
reports
Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach
Hyundai Motor India denied the media reports claiming that the company, along with other automobile manufacturers like Mahindra and Kia, could face a penalty of Rs 7,300 crore for breaching fleet emission levels. Hyundai refuted the reports and said that they are based on «extrapolations» that are not grounded in facts. The company pointed out that the articles were based on an incorrect assumption—that the 2022 amendments to the Energy Conservation Act, 2001 (EC Act), which impose stricter penalty norms, were in effect before January 1, 2023. According to HMIL, the new regulations only came into effect at the start of this year, and any claims of penalties prior to that are «fictional» and unsupported by the law.
29.11 / 07:11
markets
IPO
wellness
Trade
Experts
information
reports
Orkla said to consider $400 million IPO of Indian business
Orkla ASA is considering an initial public offering of its Indian business next year that could raise as much as $400 million, according to people familiar with the matter. Orkla may file for an IPO in Mumbai as soon as next quarter, the people said, asking not to be identified as the information isn’t public. The Oslo-based company is working with advisers on the potential share sale, the people said. It could seek a valuation of over $2 billion for the unit, one of the people said.
29.11 / 07:11
markets
Analysis
MSCI
Trade
Experts
country
information
IT stocks stand out as Trump win boosts spending bets
Indian IT service providers’ stocks are poised for a further run-up after a recent rally, bucking the weak sentiment in other sectors as Donald Trump’s return generates expectations of a stronger dollar and greater tech outsourcing. A benchmark gauge of the industry, led by India’s IT export stalwarts like Infosys Ltd. and Tata Consultancy Services, has risen about 7% in November, outperforming other sectors in the country. It’s also outpacing competitors elsewhere in the region, with MSCI Asia Pacific Information Technology Index falling about 3% this month.
29.11 / 03:59
markets
Art
Analysis
Trade
Experts
information
Multibagger stock with over 1,000% returns in a year trades ex-split on Tuesday. Do you own?
Diamond Power Infrastructure are likely to remain in focus today as the company had announced a stock split in the ratio 1:10 and fixed December 3 as the record date for determining shareholder eligibility. This means today is the last day to buy the stock to be eligible for the stock split.
29.11 / 03:17
markets
Strategy
Analysis
Trade
information
reports
PC Jeweller shares in focus as co fixes record date for 1:10 stock split
PC Jeweller will be in focus after the company fixed December 10 as the record date for its proposed 1:10 stock split. “This is to inform that pursuant to the Members’ approval obtained through Postal Ballot on November 21, 2024, the Board of Directors of the Company by means of a resolution passed by circulation today i.e. on November 28, 2024, has fixed Record Date as mentioned below for sub-division/split of equity shares of the Company, such that 1 (One) equity share having face value of Rs 10 each, fully paid-up, be sub-divided / split into 10 (Ten) equity shares having face value of Re 1 each,” the company said in its press release yesterday.
29.11 / 00:43
UPS
Provident
Target
CEO
Software
information
reports
Why IT services firms don’t offer full-year guidance but set lofty revenue goals
Subscribe to enjoy similar stories. Information technology services companies including LTIMindtree Ltd, Coforge Ltd, Sonata Software Ltd, and Happiest Minds Technologies Ltd do not traditionally provide full-year revenue guidance, but that has not stopped them from setting aspirational revenue goals. Analysts say such targets are aimed at investors.
28.11 / 18:51
MET
Action
Hudson
cover
information
Canada Post temporarily laying off striking workers, union says
The union representing Canada Post workers says the Crown corporation has been laying striking employees off as the labour action by more than 55,000 workers approaches the two-week mark.
28.11 / 16:25
UPS
Photography
Photos
information
Features
Updates
OnePlus 12 receives OxygenOS 15 update with enhanced photography and AI Notes tools
AI Retouch, which uses artificial intelligence to upscale and enhance the quality of cropped, distant, or low-resolution images. This is complemented by an Unblur feature, which aims to restore details, colours, and lighting to blurry photos, offering users a more refined photography experience.
28.11 / 12:15
markets
Digital
Strategy
awards
wellness
information
Features
Govt says 136 Vande Bharat train services operational across railways network
Vande Bharat train services were operational with enhanced safety features and modern passenger amenities as on November 21, the government has informed the Lok Sabha. In a written reply on Wednesday, Railways Minister Ashwini Vaishnaw said these safety features and modern passenger amenities were automatic train protection system KAVACH, faster acceleration, fully-sealed gangway, automatic plug doors, better ride comfort, mini pantry with provision of hot case, bottle cooler, deep freezer and hot water boiler, among many others. The minister was responding to questions raised by nine MPs from various political parties who wanted to know the rationale behind launching the Vande Bharat Express, their occupancy, amenities, passenger feedback and services in Maharashtra as well as on the New Delhi-Kathgodam route. Vaishnaw said, «Presently, 22 Vande Bharat services, on originating or terminating basis, are catering to the needs of stations located in the state of Maharashtra.»
28.11 / 12:15
markets
COST
UPS
Citi
track
innovations
information
How AI, drones, and predictive analytics can transform real estate asset management in India
real estate sector in India, a major contributor to economic growth, has traditionally relied on manual processes and outdated systems, making asset management inefficient. However, the adoption of advanced technologies like artificial intelligence (AI), predictive analytics, and drone technology is driving a paradigm shift. These innovations are addressing long-standing challenges, enhancing transparency, and opening up new opportunities for growth in a competitive market.
28.11 / 11:33
markets
Digital
Action
Strategy
information
Schools
Courts
Air pollution: GRAP IV measures except relating to schools will continue to operate till December 2, says SC
Supreme Court on Thursday ruled that all measures under the Graded Response Action Plan (GRAP-IV), except those affecting schools, will remain in force until 2 December. The court emphasised the urgency of taking action against officials responsible for «serious lapses» in implementing these anti-pollution measures. The Commission for Air Quality Management (CAQM) informed the court that show-cause notices had been issued to the Delhi Police Commissioner, the Municipal Corporation of Delhi (MCD) Commissioner, and the Delhi Transport Department for failing to comply with orders aimed at curbing air pollution in the capital. The court criticised the authorities, citing a report that revealed an «abject failure» to enforce GRAP-IV restrictions effectively.
28.11 / 10:31
FIVE
Career
information
Over 24 lakh candidates provisionally shortlisted during job fairs: Jitendra Singh
job fairs organised during the last five years, Union Minister of State for Personnel Jitendra Singh said on Thursday. In a written reply to the Rajya Sabha, Singh said 34,809 job fairs were conducted by state employment exchanges/model career centres during the last five years (2019-20 to 2023-24) as per information available with the Ministry of Labour & Employment.
28.11 / 08:57
markets
Provident
Universities
innovations
information
reports
recommendations
Ease compliance for MSMEs with simplified GST and reduced TDS: ASSOCHAM-EGROW Study
ASSOCHAM in collaboration with Egrow Foundation conducted an in-depth study on “MSMEs Facing Challenges in Doing Business”. The study marked the culmination of a series of detailed interviews with members of various state units of ASSOCHAM.
28.11 / 07:43
markets
security
Strategy
Sustainability
Enterprise
information
International
After GQG, Abu Dhabi's IHC backs Adani over US indictment
Subscribe to enjoy similar stories. Mumbai: International Holding Company (IHC), the investment arm of Abu Dhabi's ruling family, has become the second major investor to reaffirm its faith in the Adani Group after its chairman Gautam Adani was indicted by US federal prosecutors for allegedly bribing Indian government officials. "At IHC, our investment strategy is guided by a commitment to long-term growth and sustainability.
28.11 / 06:29
markets
IPO
Target
Trade
Experts
consequences
information
NTPC Green shares jump 4% on commencing 1st part of Shajapur Solar Project
NTPC Green Energy rose 4% in today's session, reaching a high of Rs 127.55 on the BSE, after the company announced that it had successfully commissioned the first part of the 105 MW Shajapur Solar Project, with a capacity of 55 MW. “In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that consequent upon successful commissioning, first part capacity of 55 MW out of 105 MW Shajapur Solar Project (Unit-I) at Shajapur, M.P of NTPC Renewable Energy Limited (a wholly-owned subsidiary of NTPC Green Energy Limited), is declared on Commercial Operation w.e.f. 00:00 Hrs. of 29.11.2024,” said the company in a filing.
28.11 / 03:35
markets
COST
security
Trade
Experts
information
NBCC shares in focus after signing MoU with HUDCO, securing Rs 316 crore work order
NBCC (India) are likely to remain in focus on Thursday as the company has signed a Memorandum of Understanding (MoU) with Housing & Urban Development Corporation Limited (HUDCO) for the development of land in Noida. The company also announced winning a work order worth Rs 316 crore. “This is to inform that NBCC (India) Limited has signed MoU with HUDCO for development of 10 acre institutional plot at Noida sector-62 as Project Management Consultant,” said the company in an exchange filing.
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