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public sector banks surged as much as 11% Friday, reflecting their robust potential in the current market environment where many other stocks are trading at elevated valuations, and also helped by speculation that JPMorgan Chase is poised to incorporate India's sovereign bonds into its indexes soon.UCO Bank stock surged 9% to close at Rs 40.4, while Indian Overseas Bank rose 7% to close at ₹39.5. Punjab National Bank and Central Bank of India gained 5% each. PSU banks are catching up on the valuations, and the discount between PSU and private banks could narrow further over the medium term, analysts said. «Broadly, the segment is at more than 50% discount to private peers,» said Kaushik Dani, fund manager — PMS at Abans Investment Managers.

Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc, a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. Investment bank Morgan Stanley is advising CCC on its talks with potential acquirers, which include other buyout firms, the sources said, adding that no deal is certain.

Tejashwi Yadav has defended the opposition INDIA bloc's decision to boycott alleged pro-BJP news anchors. The RJD leader was talking to reporters here on Friday, upon his return from Delhi, where the decision to this effect was taken during a coordination committee meeting of the INDIA coalition. He also admonished his party colleague and cabinet minister Chandra Shekhar for his controversial remarks on Ramcharitmanas. «The sub-committee concerned took the decision not to take part in shows organised by those who are rabidly pro-BJP and try to give things an incendiary turn,» said Yadav, upon being asked about the opposition coalition's move, which has irked the ruling party at the Centre and also drawn flak from some journalists' bodies. About the utterances of Chandra Shekhar, who holds the education portfolio, the deputy CM said, «In my view, he should avoid raising unnecessary controversy and concentrate more on the functioning of his department.» The RJD leader, however, added, «I also have a complaint against too much of media glare around such negative things.

Jordans sneakers for women have gained popularity among both fashion-conscious people and sports aficionados. Women's Jordan sneakers have svelte, striking designs that give the ideal balance of coziness, toughness, and stylishness.List of the best Jordans Sneakers for Women:

TikTok has been fined 345 million euros ($379 million) by the Irish Data Protection Commission (DPC) for failing to keep kids' data safe on its platform. The fine, under the European Union's General Data Protection Regulation (GDPR), was announced in relation to TikTok's processing of personal data relating to child users of its platform. TikTok was found to have violated eight articles of the GDPR.

State Bank of India is likely to raise up to ₹10,000 crore next week by issuing 15-year infrastructure bonds as the country's largest mass lender looks to garner long-term capital. «The bonds would have AAA rating from ICRA and India Ratings and the issuance will likely happen on September 22. The expectation on the coupon is around 7.45-7.50% which would represent a tight spread over comparable benchmarks,» a person aware of the development said. The person said SBI is unlikely to carry out more infrastructure debt issues this financial year after the upcoming bond sale. On July 31, the country's largest bank sold 15-year infrastructure bonds worth ₹10,000 crore at a coupon of 7.54%, representing an aggressive spread over the comparable government security curve of such a tenure as investor demand was strong.

Nipah virus updates: Nipah virus strain in Kerala is the Bangladesh variant that spreads from humans is characterised by high mortality despite lower infectivity. The virus, for which there is no vaccine, spreads through contact with the bodily fluids of infected bats, pigs, or humans and has a mortality rate of up to 75% among those infected. Here are top 10 updates about Nipah virus infection: 1.

Delhi Metro line between Dwarka Sector 21 and the India International Convention Centre, named YashoBhoomi, will become operational from September 17, officials said on Friday. Prime Minister Narendra Modi is expected to inaugurate the first phase of India International Convention Centre (IICC) in Dwarka and the extension of Delhi Airport Metro Express line from Dwarka Sector 21 to a new metro station at Dwarka Sector 25 on Sunday. "Passenger operations on this new extension will be started from 3 pm onwards on the same day, that is, Sunday, September 17.

Indian Railways will be rolling out the first version of Vande Bharat sleeper trains soon. According to details revealed by BG Mallya, the General Manager of Integral Coach Factory (ICF), "Sleeper coach of Vande Bharat will be rolled out in the current financial year where the first train is under production and will be rolled out in March 2024". The Vande Bharat sleeper trains will be a significant addition to the Indian Railways fleet, as they will allow passengers to travel long distances on these high-speed trains overnight.

Dr Reddy's Laboratories (DRL) has joined the race to acquire the biosimilar products portfolio of US-based Biogen in a transaction worth a potential $1 billion, according to two people aware of the development. Another Indian company in the fray is Intas Pharmaceuticals, Mint reported on September 13. According to reports, Samsung Bioepis is also a candidate to acquire the portfolio. Biogen joined hands with Samsung biosimilars production unit Samsung Biologics to establish Samsung Bioepis in 2012 for developing biosimilars. As part of exiting its biosimilars business, Biogen sold off its stake in Samsung Bioepis at $2.3 billion in February last year.

₹2.46 crore on two companies and seven individuals, including promoters, for flouting regulatory norms. The regulator also barred Girish Talwalkar, Prashant Talwalkar, Madhukar Talwalkar, Vinayak Gawande, Anant Gawande, Harsha Bhatkal and Girish Nayak for varying periods.

TikTok employees in the United States expressed frustration and dismay this week after the company introduced a tool for tracking office attendance and threatened disciplinary action for failing to comply with new in-person mandates, in an unusual effort to get workers back into the office with custom data-collection technology. Employees at TikTok, which is owned by Chinese company ByteDance, received notices this week about the new tool, an app called MyRTO. The app, which is built into the company's internal software, monitors badge swipes and asks employees to explain «deviations» — absences on days they are meant to be in the office — according to emails and screenshots shared with The New York Times.

Pune, is the town of Jejuri. Here, atop a hill, is a citadel-like turmeric-covered temple dedicated to the much-revered folk deity locally known as Khandoba. This is a collaborative ecosystem of the people, by the people, for the people, where gods exist to unite not divide. Khandoba is probably a deified form of an ancient warrior-hero (vira) who rode a magnificent horse, battled local threats, protected local people and property and brought diverse people together.

Geysers have revolutionized the way we access hot water, saving us precious time and effort. Whether it's a refreshing morning shower, a hot cup of tea, or sterilizing dishes in the kitchen, geysers have become indispensable. Crompton, a name synonymous with trust and quality in the Indian appliance market, offers a range of geysers designed to meet your specific needs.

NEW DELHI : The Drugs Controller General of India (DCGI) Rajeev Raghuvanshi has granted permission to three National Accreditation Board for Testing and Calibration Laboratories (NABL)- accredited private labs to conduct tests on cough syrups for exports. The private labs are: Bee Pharma Labs (Mumbai), Oasis Test House (Ahmedabad) and Shriram Institute for Industrial Research (Delhi). Prior to this, only government labs were authorised to test cough syrups for export.

Tata Steel today said that the UK government has agreed to support their planned investment of 1.2 billion pounds to improve infrastructure at the plant in Port Talbot. In a media statement issued on Friday, the company is expected to receive a grant from the UK government of up to 500 million pounds. The partnership is aimed to develop ecologically sustainable steel production and will be the largest investment proposal received by the UK steel industry in several decades.

Lawmakers for the House Financial Services Committee (HFSC) introduced three bills on Thursday aimed at curbing the Federal Reserve's potential foray into the world of CBDCs.

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Digital assets exchange BTSE has launched a crypto payments card, which enables crypto-to-fiat purchases at any of Mastercard’s 53 million merchants in 210 countries.

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India aspires to become a knowledge economy. A new IIT-Bombay research paper, however, shows there has been a sharp decline in PhD applications across core engineering streams — mechanical, chemical and electrical engineering, and computer science across IITs since 2021.