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₹492.7 crore in the September 2024 quarter, registering a growth of 9.2% from ₹451 crore in the year-ago period, according to estimates by Philip Capital.

Subscribe to enjoy similar stories. Large companies and late-stage tech companies, along with government agencies and venture capital firms, are increasingly looking for ways to stay close to the startup ecosystem, launching in-house accelerators and incubators to remain agile and fend off competition that's nipping at their heels. While edtech unicorn PhysicsWallah launched its PW School of Startups in September, gaming unicorn Games24x7’s TechXpedite was renewed for a second edition this month.

Article 21 of the Indian Constitution — Protection of Life and Personal Liberty — states: “No person shall be deprived of his life or personal liberty except according to the procedure established by law."

Conciliation Forums set up by the Maharashtra Real Estate Regulatory Authority (MahaRERA) has resolved over 1,749 matters between homebuyers and real estate developers across the state. With this, of the 5,958 complaints filed with MahaRERA, around 32% have been resolved through these 52 Conciliation Forums in the state, often leading to mutually agreed-upon settlements, MahaRERA said. Other states including Gujarat, Uttar Pradesh, and Haryana have also implemented similar initiatives and many other states are in discussions with MahaRERA to understand this initiative.

Since the majority of Nifty Bank constituents are yet to announce their figures, traders appeared more inclined to take a risk-on approach, especially since we are coming off a low base, says Anand James, Chief Market Strategist, Geojit Financial Services. «Though the 20-day SMA at 52375 could pose some challenge to Nifty Bank’s ascent, we are counting on the oscillator divergences as well as Friday’s bullish engulfing pattern to provide enough momentum to see 53000,» he says.

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Subscribe to enjoy similar stories. India could play a vital role in setting a precedent that works both for OTT (over-the-top) players and telecom service providers insofar as imposing a fair-share levy on streaming platforms is concerned, Julian Gorman, head of Asia-Pacific at GSMA, a London-based lobby that represents mobile network operators globally. Telecom service providers want big OTT players such as Netflix and Amazon Prime Video that generate large data traffic to pay a mutually-decided fair charge to create and maintain digital telecom infrastructure.

Himanta Biswa Sarma ceremoniously launched Mission Basundhara 3.0 to provide land rights to indigenous people. Under MB 3.0 steps will also be taken to digitize various land related services and publish maps for the benefits of the people of the state as several new rules have been implemented to simplify the process of giving land rights to the people. Sarma also launched the Project Closed User Group (CUG) of ASDMA. CUG is a contiguous special series of mobile numbers, which will be allotted to the officials and staff under the Revenue and Disaster Management Department for facilitating seamless communication and efficient coordination during emergencies. Under project CUG, government officials of the department will be equipped with specially allocated SIM cards for critical communications.

Companies News Today Live Updates: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations.

Andhra Pradesh CM N Chandrababu Naidu called on people in southern states to have more children, citing concerns about an ageing population. He said the state govt is planning to implement "population management", including considering new legislation to incentivise families with more kids, as per a TOI report. «The state govt is thinking of bringing a law that would make only those with more than two children eligible to contest local body elections,» Naidu said. He also mentioned that the state had earlier passed legislation barring people with more than two children from contesting local polls. «We have repealed that law, and we are now considering reversing it...Govt may provide more benefits to families with more children,» he said.

Subscribe to enjoy similar stories. MUMBAI : The Centre's proposal to introduce “voluntary" group insolvency aims at maximizing the larger group companies' asset value and keeping the overall corporate insolvency resolution costs low. The proposal is expected to be taken up in the winter session of Parliament in December.

Subscribe to enjoy similar stories. Insomnia Media and Content Services Ltd, led by producer Juhi Mehta, has filed for an initial public offering (IPO) on the National Stock Exchange’s (NSE) Emerge platform, aiming for an enterprise valuation of ₹200 crore. The company plans to dilute 27% of its equity through a fresh issue of shares.

Meta layoffs: Jobs cut across WhatsApp, Instagram, and Reality Labs, suggests reportAccording to a report by WABetainfo, the new Chat Memory feature will allow Meta AI to remember certain personal details about conversations, such as dietary preferences, birthdays, conversational style, allergies, personal interests, and more. By storing this information, Meta AI is expected to provide responses tailored to the user's lifestyle and preferences.For instance, when asking for food recommendations, Meta AI could use previously stored information to automatically filter out options that the user dislikes or is allergic to.Also Read | WhatsApp gets a new low light mode for video calls.

iPad Mini 2024 in the Indian market. In terms of specifications, the iPad Mini boasts an 8.3-inch Liquid Retina display, which is expected to operate at a 60Hz refresh rate.

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Nifty exhibited a robust recovery on the last trading day of the week, forming a Bullish Piercing candlestick pattern on the daily charts. This suggests a potential pause in the recent downtrend. However, a follow-through of buying is needed to confirm this reversal pattern. The index remains below its 10-day EMA, indicating that buyers are less assertive, with higher levels continuing to act as a selling zone, serving as a strong resistance for the past eleven trading sessions.

Narendra Modi on Sunday expressed his condolences and announced an ex-gratia payment of Rs. 2 lakh for the next of kin of each deceased. The Prime Minister also announced Rs. 50,000 for those injured in the accident. «The accident in Dholpur, Rajasthan, is heartbreaking. My condolences to the bereaved families of those who lost their lives, including innocent children. May God give them the strength to bear this pain. I also wish for the speedy recovery of all those injured. Under the supervision of the state government, the local administration is providing all possible assistance to the victims,» the Prime Minister's Office posted on X.

Maldives has floated a new foreign currency regulation, limiting types of transactions allowed in foreign currency and imposing mandatory foreign currency exchange controls on tourism establishments and banks. Maldivian economy appears to have taken a hit after calls to Indian tourists to avoid the picturesque island nation as a response to President Mohamed Muizzu's 'India Out' campaign last year. Maldives last month averted a potential default on an Islamic bond payment after India extended a USD 50 million interest-free loan. With its forex reserves not matching its import bill, the island nation's central bank, Maldives Monetary Authority (MMA) on October 1 introduced a new regulation, requiring all foreign currency income generated by the tourism industry to be deposited in local banks.

cyclonic circulation has formed over Andaman Sea and it is likely to intensify into a low-pressure area by Monday. It may have an impact on coastal areas of north Andhra Pradesh, Odisha, West Bengal and Bangladesh next week. «The cyclonic circulation is formed over central Andaman Sea. Under its influence, a low-pressure area is likely to form over Bay of Bengal and adjoining north Andaman Sea around October 21. Thereafter, it is likely to move northwestwards and intensify further into a depression around October 23,» said IMD in a bulletin. Amid speculations on the formation of a cyclone this month as forecast by certain international models, IMD Director General Mrutyunjaya Mohapatra said that a clearer picture will emerge only after formation of the low-pressure area.

Corporate Social Responsibility (CSR) funds. CPSEs have to spend 60 per cent of their CSR funds on the theme set for a particular year. «We have added PM's Internship Scheme to 'Health and Nutrition' as the common theme for CSR activities by the CPSEs for 2024-25. CPSEs will spend 60 per cent of their CSR funds towards 'health and nutrition' and PM's Internship Scheme this fiscal,» an official told PTI. The Ministry of Corporate Affairs, earlier this month, started enrolling companies as well as interns under the Prime Minister's Internship Scheme. Over five years, the scheme envisages providing internships to 1 crore youth.