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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture.

WOL 3D India will debut on the NSE SME platform today. Ahead of the listing, the stock was commanding a GMP of Rs 75 in the grey market. Considering the upper price band of Rs 150, the stock is expected to list with a premium of 50% over the issue price.

Subscribe to enjoy similar stories. Bankruptcy resolution professionals who shepherd broke companies to their new homes are increasingly under fire from lenders, at a time of shifting landscape in India's insolvency resolution. Over the last two years, a number of RPs have found themselves in the dock, on charges varying from wrongful classification of creditors and collusion with previous managements, to mismanagement of daily affairs.

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.

Internet Exchange Points (IXPs) and peering networks are set to surge in India amid the data centre boom to support increasing IT workloads and strong data consumption by mobile users. IXPs, typically, are physical locations where different networks connect to exchange internet traffic via common switching infrastructure. They are responsible for interconnecting internet service providers (ISPs), content delivery networks (CDNs) such as Cloudfare, Akamai, over-the-top (OTT) players such as Netflix, Amazon Prime, DNS root servers, national and international telco networks and even social media networks like Instagram. As per the Internet Society, India ranks number 2 in Asia on the IXP count metric. But it lags in penetration terms compared to Finland, Singapore, Australia and the UK. For instance, Finland and Singapore have 12.5 and 22 IXPs per 10 million people, respectively, whereas India has only 0.23 IXPs per 10 million people, according to Extreme Infocom.

ownership rules that differ from nation to nation. Banks handling foreign direct investments (FDI) into local companies and overseas direct investments (ODI) by Indian investors venturing abroad, vet the last natural persons behind the larger shareholders of the investing entities. But, in several cases they are unable to peel off the layers to spot the real persons at the peak of what could be a multi-layered investment structure — primarily due to less demanding disclosure requirements in several jurisdictions.

Made in India' products during the forthcoming festive season that will last nearly two months and includes Navratra, Dussehra, Diwali, Chhat and other occasions where cheap articles made in China have been flooding the market in the last few years. In his monthly 'Mann ki Baat' address, the PM said, «Friends, in this festive season you can once again reiterate your old resolves. Anything you buy, should necessarily be 'Made in India'… Anything you gift, that too should be 'Made In India'. Merely buying earthen lamps is not 'Vocal for Local'. You should promote local products made in your area more and more. Any such product, that has been made with the sweat of an Indian artisan, that is made on Indian soil, is our pride — we always have to lend glory to this pride.» His remarks come against the backdrop of China-made idols of gods, decorative lights and other products which come at a low cost but eat into the market of indigenous products. Modi also referred to the completion of a decade of the 'Make in India' initiative where all segments, from big industries to small shopkeepers have made a contribution to its success.

Subscribe to enjoy similar stories. When federal agent Chris Janczewski was trying to strangle the flow of money to an al Qaeda network in 2020, he first considered infiltrating an invite-only forum or hunting for clues on the dark web. Then the Internal Revenue Service criminal investigator found the group talking openly about its scheme in a public forum on Telegram—one of the thousands of channels where people discuss illicit activities ranging from peddling child porn to selling stolen identities.

California bill would have required new cars to beep at drivers when they speed.

HCLTech, Nitin Edwin Michael, passed away after suffering a cardiac arrest at the company’s Nagpur office, marking another incident around health concerns in a workplace. The 40-year-old employee collapsed in the washroom around 7 pm on Friday and was found unresponsive by colleagues, who immediately rushed him to the All India Institute of Medical Sciences (AIIMS), Nagpur, PTI reported. Unfortunately, doctors pronounced him dead upon arrival.

Duleep Trophy is set to return to its traditional zonal from next year after the state units gave a thumbs down to the four-team concept introduced this season. The red-ball event featured four teams — India A, India B, India C, India D. India A beat India C to win the competition earlier this month. Usually, six teams from as many zones — central, east, west, north, south and north east — take part in the tournament, providing more opportunities to the players from their respective zones. «The state units felt the format used this season did not give a fair representation to the players from their respective zones. The traditional zonal format gives players more opportunities zone wise and that is what was conveyed in the AGM today,» a state unit official told PTI after the BCCI AGM in Bengaluru.

Subscribe to enjoy similar stories. Coimbatore/Tiruppur/Erode: It was a call that made perfect sense. In November 2010, Narendra Modi, then the chief minister of Gujarat, visited Chennai and called on Tamil Nadu’s textile entrepreneurs to set up spinning units in his state.

«It has been observed that all countries do oversight on the FDI (foreign direct investment), which is coming into their country. People suggest that in India also, there should be an oversight mechanism. It's a kind of oversight on money, which is coming up in the country as FDI,» one of the sources said. It can help ascertain that the FDI coming into the country is beneficial to the economy and originates from legitimate sources.

Hezbollah leader Sayyed Hassan Nasrallah was killed in an airstrike in Beirut. Reports indicate that an Iranian mole provided Israeli authorities with critical information about his whereabouts just hours before the attack. According to the French newspaper Le Parisien, the mole informed Israeli officials that Nasrallah was at Hezbollah's underground headquarters in Beirut's southern suburbs for a meeting with top members of the organization. Around 1.30 pm IST yesterday (11 am Lebanon time), Israel Defence Forces said in a post on X, «Hassan Nasrallah will no longer be able to terrorize the world.» Later in the day, Hezbollah confirmed the news. «Sayyed Hassan Nasrallah… has joined his great, immortal martyr comrades whom he led for about 30 years,» it said in a statement. The recent airstrike is part of Israel's ongoing campaign against Hezbollah, which has been bolstered by significant intelligence efforts. A report from The New York Times highlights that Israel has devoted increased resources to gather intelligence on Hezbollah since the 2006 war, a conflict that ended without a decisive Israeli victory.

India is taking steps to address mental health issues at workplaces, a majority of employees believe companies could do more to improve their overall well-being, a survey report said on Saturday. Over 79 % of those participated in the survey opined their organisations could do more to address mental health issues and well-being, according to the report by HR services and workforce solutions provider Genius Consultants. «We must recognise that employee well-being is not just a trend, but a crucial aspect of organizational success. The data reveals that a significant number of employees are grappling with anxiety and feeling overwhelmed in their work environments. Companies need to take proactive steps to foster a supportive atmosphere that prioritises mental health and work-life balance,» Genius Consultants Chairman and Managing Director R P Yadav said.

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.

Russia’s top diplomat warned Saturday against “trying to fight to victory with a nuclear power,” delivering a UN General Assembly speech packed with condemnations of what Russia sees as Western machinations in Ukraine and elsewhere — including inside the United Nations itself.

United Nations General Assembly that when India lands on the moon or rolls out its own 5G stack, it provides hope and rekindles optimism. Jaishankar said that overconcentration of production has hollowed out many economies. «In these troubled times, it is necessary to provide hope and rekindle optimism. We have to demonstrate that big changes are possible...When India lands on the moon, rolls out its own 5G stack, dispatches vaccines worldwide, embraces fintech, or houses so many global capability centres, there is a message here. Our quest for a Viksit Bharat or a developed India will understandably be followed closely. An important cause of many getting left behind has been the unfairness of the current globalisation model. Overconcentration of production has hollowed out many economies, impacting their employment and social stability,» he said.

Artificial Intelligence is no longer a futuristic concept. It is here, today, rapidly reshaping and transforming industries, driving innovation, solving complex problems across various sectors. Its ability to process vast datasets, optimise operations and provide predictive insights is fundamentally transforming business operations. Application of AI powers a range of capabilities for any business — from automating routine tasks and supporting decision-making to uncovering process improvements and extracting actionable insights from unstructured data. According to a McKinsey report, Gen AI could add between $2.5 trillion and $4 trillion in value to the global economy over the next three years. But to say that AI is only for those who understand technology or use it prolifically would be a grave misconception. In this new era, AI is for everyone — ready to drive efficiency, innovation and growth across the entire business landscape.

Best water purifiers in India: Top 8 RO and UV options for safe and pure drinking waterThe Livpure Allura Premia Water Purifier features 10-stage advanced purification technology, ensuring the highest water quality for your family. With a 7L storage tank, it includes an Alkaliser that enhances pH levels for optimal hydration.