PAM Financial News

15.11 / 15:37
markets Citi Digital Action students Experts PAM Uttarakhand CM Pushkar Singh Dhami orders committee to draft road safety manual after fatal accidents
He asked the officials to accommodate experts and experienced people in the committee. Expressing his concern over the growing number of road accidents, CM Dhami said special attention should be given to this problem. He was holding a meeting with the senior officials at his official residence in Dehradun on Friday.
15.11 / 11:55
markets Citi Digital Strategy awards Experts PAM Seaplane lands for first time in Assam
seaplane landed at Pandu Ghat in Guwahati on Friday after a successful flight from the city airport, making it the first such plane to land in Assam. The addition of seaplanes to the state's transport network is expected to boost connectivity and tourism, Chief Minister Himanta Biswa Sarma said. «Earlier today, a sea plane successfully landed at Pandu Ghat on the banks of Brahmaputra, marking the first river landing in Eastern India, which will open new chapters of connectivity in a riverine state like Assam,» Sarma said in a post on X. «A dawn of new possibilities in the Tourism & Intercommunication of Assam. This morning, participated in an 'Amphibian Airplane' demonstration in Guwahati by M/s De Havilland Canada in collaboration with the Ministry of Civil Aviation,» State Tourism Minister Jayanta Malla Baruah, who took the flight, posted on the micro-blogging site.
15.11 / 11:55
markets Digital Fighting Strategy Experts PAM Trump promises to end wars with a 'strong military'
Trump, who campaigned on an «America First» foreign policy, has said previously that he wanted to strike a deal between Kyiv and Moscow, without giving details, and end bloodshed in the Middle East. «We have to get back to a great country with low taxes and a strong military. We're going to fix our military, we did once and now we're going to have to do it again,» he said Thursday at a gala organized by the America First Policy Institute at his Mar-a-Lago resort in Palm Beach, Florida.
15.11 / 10:59
markets Citi Digital Strategy Experts PAM reports Fire breaks out at a Spanish nursing home, killing at least 10 people
Zaragoza, Spain, before firefighters managed to extinguish the flames, local authorities said Friday. The alarm was raised around 5 a.m. on Friday in Villafranca de Ebro, about 28 kilometers (18 miles) from the northeastern city. Two people remained in critical condition, officials said. The cause of the fire was not yet known.
15.11 / 10:59
markets Digital Strategy Experts PAM performer electronic Samsung Electronics plans $7.2 billion buyback after share price plunges
Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, after shares plunged to more than four-year lows earlier in the week. It is the first time Samsung Electronics has decided to buy back shares since 2017. Of the total, three trillion won worth of shares, or 50.14 million common shares and 6.91 million preferred shares, will be repurchased in the next three months and cancelled, Samsung said after the market closed on Friday.
15.11 / 09:17
markets Target Strategy awards Experts PAM country Govt proposes task force to push for 500 GW renewable energy capacity target
Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India's ambitious target of having 500 GW renewable energy capacity by 2030. The minister for new and renewable energy has also urged industry players and stakeholders to devise strategies which would help the country meet the target in a time-bound manner. Speaking at an event in Bhubaneswar, the minister proposed the formation of a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders towards meeting the 500 GW target, the ministry for new and renewable energy (MNRE) said in a statement on Thursday. India has already achieved 212 GW of energy from non-fossil fuel sources and is on track to exceed the 2030 target, he said.
15.11 / 09:17
markets Fighting Strategy Experts RAI PAM Mike Tyson vs Jake Paul fight live telecast India: How to watch the fight, time, odds, undercard and more
Jake Paul and 58-year-old former heavyweight champion Mike Tyson was initally delayed from the original plan for July, but now is just around the corner. The delay was caused by Tyson having a medical episode on a plane and needing time to recover from a stomach ulcer. Read More: Will Mike Tyson and Jake Paul fight it out for real? Here's the truth behind the upcoming duel
15.11 / 09:17
markets Strategy Experts Celebrity PAM performer Zepto set to raise $300 million to boost domestic shareholding amid quick commerce battle
Quick commerce startup Zepto is set to raise $300 million from domestic investors, double of the earlier panned amount, according to people in the know. Top India family offices and ultra-HNIs will be a part of the financing, multiple sources said. The latest funding will come on the back of the company having raised $1 billion over the past few months amid an intensifying quick commerce battle with rivals Zomato’s Blinkit and recently listed Swiggy’s Instamart. Post this round, Indian shareholding in Zepto will go to around 35% including the stakes held by the company founders–Aadit Palicha and Kaivalya Vohra. Both the founders have been granted an additional 1% stock based on meeting performance goals, people who know told ET. Celebrities like Bollywood star Amitabh Bachchan and former cricketer Sachin Tendulkar will also be joining the round underscoring the bullishness around the sector. Family offices of Ravi Jaipuria of RJ Corp, Harsh Goenka of RPG group are also in talks to join the round along with the Motilal Oswal group which has increased its investment cheque of $40 million cheque to over $60 million in the round.
15.11 / 08:37
markets Digital Experts War PAM reports Trade war under Trump 2.0 may subside if China agrees to shift few of its manufacturing units to US: Jefferies
It said, «the return of the Donald to the White House offers an opportunity for Beijing to negotiate a new deal with Washington, which would probably include China indicating a willingness to move some production to America». On the continued war between Russia and Ukraine, the report noted that a deal could have been signed in the past on an agreement that Ukraine would not join NATO.
15.11 / 08:37
markets Digital security Sustainability awards Experts PAM India poised to lead global hydrogen production and exports: Hardeep Singh Puri
hydrogen energy production and exports says Union minister for petroleum and natural gas Hardeep Singh Puri. Speaking at the 6th South Asian Geoscience Conference and Exhibition, Puri said, «With projects like hydrogen blending in natural gas pipelines, localization of electrolyzer-based technologies, and the promotion of bio-pathways for green hydrogen production, India is set to become a global champion in hydrogen production and exports.» Puri added that India is on track to emerge as the hub for green hydrogen, considered as the fuel for the future.
15.11 / 08:37
markets Digital awards Experts PAM Courts Delhi HC refuses to interfere with arbitral award in favour of Jindal Saw
Delhi High Court has refused to interfere with an arbitral award, which directed GAIL to pay over USD 7 million to Jindal Saw Ltd. On October 29, a bench of Justices Visbhu Bakhru and Sachin Datta dismissed GAIL's appeal against a single judge's decision upholding the award, saying that it was «unmerited». The dispute in the matter pertained to delayed delivery of pipes by SAW Pipes Ltd, now Jindal Saw Ltd, to Gas Authority of India Ltd (GAIL). The Arbitral Tribunal, passed in December 2002 and then amended in March 2003, had held that GAIL was responsible for the delay by not taking the delivery of the goods and therefore allowed the claims filed by SAW Pipes Ltd.
15.11 / 08:37
markets FIVE Digital Experts PAM information reports Panel to revisit debate on including 'salary' in determining 'creamy layer' for OBC quota
Parliamentary committee meeting to resolve the issue of «discrimination» in determining the «creamy layer» for OBC reservation, the panel has scheduled another discussion for later this month, reported TOI. However, it has now emerged that the Parliamentary Committee on Welfare of OBCs had previously addressed the same issue in detail five years ago, ruling against including «salary» in the calculation of «income» for the purpose of reservations. Interestingly, the committee at that time was also chaired by its current head, BJP MP Ganesh Singh. Sources informed to TOI that the committee has summoned the Department of Personnel and Training (DoPT) for a meeting on November 28, where the issue of factoring in «salary» for backward candidates from public sector undertakings (PSUs) qualifying for the UPSC exams will be discussed. During Wednesday's meeting, MPs including DMK's TR Baalu, Congress' Manickam Tagore, SP's Ramashankar Rajbhar, and a senior BJP member criticised what they described as a violation of the 1993 Office Memorandum (OM), which explicitly states that «income» should not include «salary» or «agricultural income.» The controversy centres around the government's practice of including «salary» for candidates whose parents work in PSUs, citing the lack of an «equivalence of posts» with government positions such as Group A, B, C, and D, noted a TOI report.
15.11 / 06:27
markets UPS Digital Intuit Simulation Experts PAM 'Alien' message from Mars decoded by father-daughter duo contain movement, suggest life
According to ESA, the Chaffins cracked the code after tirelessly running simulations and relying on their intuition. The decoded message turned out to be a dynamic visual signal made up of five configurations, each representing an amino acid—the building blocks of life. However, while the signal has been successfully decoded, its true meaning remains elusive. Decoding the message was just the beginning. Now, the challenge is to interpret its significance, and that task falls to citizen scientists like the Chaffins, who will seek to uncover any hidden messages within the data. The project's creators have no immediate plans to verify any interpretations, but they are encouraging the public to submit their ideas. Daniela de Paulis, the media artist behind «A Sign in Space,» is also working on a book documenting the journey of the project, including the different interpretations that have emerged.
15.11 / 06:07
markets Digital Experts PAM stars reports testing Virat Kohli undergoes scan, KL Rahul suffers blow ahead of Border Gavaskar Trophy against Australia
Border Gavaskar Trophy against Australia starting November 22. KL Rahul was struck on the elbow by a delivery from teammate Prasidh Krishna and was forced to retire hurt after scoring 29 runs. He subsequently underwent scans to assess the extent of the injury. “About Rahul…it’s just happened so will take some time to assess (his elbow),” BCCI sources told PTI.
15.11 / 06:07
markets Digital Ball Experts PAM performer cricket I'm back on field, stronger, and hungrier: Mohammed on his return to competitive cricket after 1 year
Mohammed Shami expressed his feelings after his brilliant performance on his return to competitive cricket since the 2023 50-over World Cup final against Australia, returned with figures of 0/34 in 10 overs. «Finally, the wait is over! After 360 days, I'm back on the field, stronger, and hungrier. 4 wickets for Bengal in the Ranji Trophy and this is just the start. Every delivery, and every wicket is dedicated to You, my incredible fans. Your love fuels my passion. Let's make this season unforgettable!» Shami wrote on X. https://www.instagram.com/reel/DCW1HisCwCR/?utm_source=ig_web_copy_link
15.11 / 06:07
markets Digital Election community Experts Celebrity PAM On Birsa Munda birth anniversary, PM Modi in Bihar with an eye in Jharkhand
Janjatiya Gaurav Divas’, which marks the commencement of the 150th birth anniversary year celebration of Bhagwan Birsa Munda. He will unveil a commemorative coin and postal stamp in honour of the tribal leader and freedom fighter. The PM will also inaugurate and lay the foundation stones of multiple development projects of about Rs 6,640 crore aimed at uplifting tribal communities and improving infrastructure in rural and remote areas of the region.
15.11 / 00:09
markets security Strategy Experts PAM guidelines Traffic Telcos, experts flag draft rules on cybersecurity as fears of overlap with MeitY guidelines loom
The Department of Telecommunications (DoT), which is due to publish the rules soon after having sought views from multiple stakeholders end-August, might also build a regulatory framework that overlaps with the Ministry of Electronics and IT (MeitY's) existing cybersecurity regulations, creating room for multiple interpretations and potential complications. Hence, telecom operators have approached the DoT regarding some problematic areas, including the scope of the rules and stringent conditions that essentially increase their compliance liabilities. «The rules make telcos responsible for any misuse of telecom resources by consumers. If some user commits a crime, why should the company be penalised?» asked a senior telco executive, requesting not to be named.
15.11 / 00:09
markets Strategy awards Experts PAM Department Investigations Tax tracker on property owners with builder deals; I-T dept told to identify capital gains evaders
The investigation wings of the Income Tax (I-T) department across the country have been told by the central direct tax body to collect information on agreements where individuals and Hindu Undivided Families (HUFs) had struck a deal with developers but may not have paid tax even after the buildings received 'completion or occupation certificates' (CC/OCs). CC/OCs are typically issued by municipal authorities of states once the construction is complete and the projects are in a ready-to-move-in state.
15.11 / 00:09
markets Strategy awards Experts PAM inclusion Gentari to extend green footprint in India with $900 mn Brookfield Asset deal
Gentari Sdn Bhd, the clean energy arm of Malaysia's state-run Petronas Group, has agreed to acquire a part of the renewables portfolio of Brookfield Asset Management for $900 million, inclusive of debt, following months of talks, said people with knowledge of the matter. Last week, both parties signed a firm agreement that will see Gentari take control of a 2.2 GW portfolio of assets. This is the first time Brookfield will be monetising part of its green energy portfolio after building, acquiring and operating the assets for over five years. Gentari is expected to seek regulatory approvals in the next few days before any formal announcement. Its portfolio in India will double from the current 2 GW capacity. This will be its second acquisition in India this year. Gentari had bought the 185 MW solar power portfolio of Finnish firm Fortum Oyj in May.
14.11 / 20:35
markets Digital Assurant Strategy Experts PAM social Jannik Sinner qualifies for semis at ATP Finals while Taylor Fritz has to wait after beating De Minaur
Jannik Sinner became the first player to advance to the semifinals at the ATP Finals on Thursday. U.S. Open finalist Taylor Fritz, meanwhile, needs to wait to find out if he's in or out. Sinner was assured of a spot in the last four after Fritz rallied past Alex de Minaur 5-7, 6-4, 6-3 in their group. Sinner won his opening two matches and plays Daniil Medvedev later. Last year, Sinner lost the final to Novak Djokovic, who pulled out injured this year.

frequently asked questions about PAM

What is PAM and why is it gaining attention?

PAM is a trending topic that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on PAM?

All recent news about PAM can be found in the dedicated section. We publish information as it becomes available.

How can I verify the accuracy of information on PAM?

We rely on trusted sources to ensure that the information about PAM is accurate and valuable for our readers.