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25.02 / 15:05
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Grab
TMC leader Ajit Maiti detained in Sandeshkhali on land grab charges
Sandeshkhali in North 24 Parganas on charges of land grabbing from villagers, news agency PTI reported. The report said Maiti, a close aide of fugitive Shajahan Sheikh, was detained from the residence of a civic volunteer where the TMC leader had locked himself for over four hours after being chased by villagers. "We detained him following complaints of land grabbing by villagers.
25.02 / 14:31
COST
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Tesla
innovations
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EV startups struggled to build cars. Now they struggle to sell them
Electric-vehicle startups once said their greatest challenge was building cars fast enough; now selling them is proving difficult. Rivian Automotive and Lucid Group last week offered disappointing production outlooks for this year, saying EV demand is being hit by high interest rates and economic uncertainty. The electric-pickup maker Rivian plans to produce 57,000 vehicles this year, roughly the same number as last year.
25.02 / 14:31
COST
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Racing
Tesla
innovations
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EV Startups Struggled to Build Cars. Now They Struggle to Sell Them.
Electric-vehicle startups once said their greatest challenge was building cars fast enough; now selling them is proving difficult. Rivian Automotive and Lucid Group last week offered disappointing production outlooks for this year, saying EV demand is being hit by high interest rates and economic uncertainty. The electric-pickup maker Rivian plans to produce 57,000 vehicles this year, roughly the same number as last year.
25.02 / 14:31
Target
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security
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Scandals
Hiranandani Group promoters Niranjan and son Darshan summoned by ED in FEMA case
Foreign Exchange Management Act (FEMA), news agency PTI reported on Sunday citing sources. The report said the promoters of Mumbai-based real estate company have been asked to depose at the ED office in Mumbai but they may choose to submit their primary responses through an authorised representative.
25.02 / 14:29
Election
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reports
Belarus' Lukashenko says he'll run for president in 2025
MOSCOW (Reuters) — Belarusian leader Alexander Lukashenko said he would run for president again in 2025, Belarusian state news agency BelTA reported on Sunday.
25.02 / 13:49
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Interviews
Paytm issue may be reviewed, scrutiny on Byju's progressing well: ICAI
Paytm Payments Bank Ltd crisis, Institute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may deliberate on issues of the fintech firm in the near future. The FRRB of the statutory body is currently conducting a review of the accounts of tech-based education unicorn Byju's over alleged governance concerns, and the exercise is progressing well, the ICAI president said. «So far, we have not considered it (Paytm issue), but the board meeting of the FRRB will take place in the near future and it will consider appropriate action if required. So far, we have not decided anything as far as this matter is concerned,» ICAI President Ranjeet Kumar Agarwal told PTI in an interview.
25.02 / 13:49
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RBI approves HDFC Bank's 90% stake sale in HDFC Credila to ChrysCapital and BPEA EQT
HDFC Bank received approval from the Reserve Bank of India (RBI) to sell its 90% stake in the education loan company HDFC Credila Financial Services Ltd- a move that will boost private lender’s income in the fourth quarter. HDFC, the erstwhile term lending institution, had executed a definitive agreement to divest 90% of its stake in HDFC Credila subject to approval from the regulator, a stock exchange notice on June 19 said. On July 1, last year, HDFC Ltd, the parent housing finance company, was amalgamated with HDFC Bank. Thus, the entire investment was transferred from the parent to the bank.
25.02 / 13:49
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Crown Season 6 Part 2: What to expect in the concluding six episodes as series head towards ‘Grand Finale’
Peter Morgan's iconic series, The Crown Season 6 Part 2, set to release on December 14, takes viewers into the new millennium, offering a poignant conclusion to the remarkable journey of the British royal family. As the final six episodes unfold, here's a comprehensive guide to what lies ahead in this much-anticipated conclusion.
25.02 / 13:13
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Reuters
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Top 5 things to watch in markets in the week ahead
Investing.com — Inflation will be in the spotlight; earnings season is winding down and oil prices look set to remain volatile. Here’s what you need to know to start your week.
25.02 / 12:47
25.02 / 12:39
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The fall of red wine's health halo: Unraveling the truth behind the myth
«The answer to the riddle, the explanation of the paradox, may lie in this inviting glass,» Safer said, raising a glass of red wine to viewers. Doctors believed that wine had «a flushing effect» that prevented blood clot-forming cells from clinging to artery walls, Safer said. This, according to a French researcher who was featured in the segment, could reduce the risk of a blockage and, therefore, the risk of a heart attack.
25.02 / 12:39
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BJP to win big but there is no Modi magic: Subramanian Swamy
BJP leader Subramanian Swamy on Sunday claimed «a surge in Hindu pride» was likely to boost the party's prospects in the upcoming Lok Sabha polls, but discounted the role of "Modi magic". The maverick leader, who was here to take part in a 'law conclave', asserted that in the BJP, and its ideological parent RSS, greater value was attached to 'sangathan' (organisation) and 'siddhant' (principles) than to individuals. «I too believe that the BJP will surpass its previous electoral performances because, for the first time, Hindus are feeling proud of their identity. They no longer feel the diffidence that was thrust upon them during Nehru's time,» Swamy told reporters, responding to queries about PM Modi's claim of the party winning more than 370 seats and the NDA crossing the 400-mark. The former Union minister, however, added, «Some people may think that this change has taken place because of them. We need not attach importance to such things… I do not think there is anything like Modi magic. Individuals are not put on a pedestal in BJP-RSS. That has been Congress culture.»
25.02 / 12:19
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Earnings call: Noble Corporation reports solid Q4 results, optimistic outlook
Noble Corporation (NE), a leader in offshore drilling, has reported a strong finish to the year in its fourth-quarter earnings call. The company announced an adjusted EBITDA of $201 million for the quarter and generated $165 million in free cash flow.
25.02 / 11:35
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UP news: Gaming addict son kills mother for insurance money to pay debt
₹ 50 lakh insurance to settle his mountain of debt, India Today reported. The Fatehpur police said the accused, Himanshu, was addicted to online gaming on an app called Zupee and accumulated a debt of a significant amount due to repeated losses. Himanshu allegedly stole his family's jewellery and used the money to buy life insurance policies worth ₹50 lakh each for his parents.
25.02 / 11:35
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Paints: A sector forced to exit its complacency zone
₹10,000 crore in gross revenue and profitability within three years of full-scale operations. While there was no clear indication on whether it will break even at Ebitda or profit after-tax level, analysts caution that the company seems prepared to give incumbents, especially smaller ones, a run for their money. “We reckon, [comfortable] competitive equilibrium in paints is likely broken," ICICI Securities said in a report.
25.02 / 11:35
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Major train accident averted after train runs 78km from Jammu to Punjab without driver, probe ordered | Video
PTI report cited officials. The train gained speed along the way, finally coming to a stop on a steep gradient near Unchi Bassi railway station in Punjab, it added.
25.02 / 09:47
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BMC water cut: Pockets of Bandra, Khar of Mumbai to face 10% water cut for 14 days from Feb 27
Brihanmumbai Municipal Corporation (BMC) has announced a 10% water cut in some areas of Bandra and Khar West (H-West ward) from February 27 to March 11 citing rehabilitate work in Pali Hill Reservoir. As per the civic body, the areas which will face a 10% water cut include— Gazdar Bandh, Dilip Kumar zone, Pali Mala zone, Union Park zone (Khar west), Dandpada, Kantwadi, Sherli Rajan and some areas of Bandra West. The civic body is doing repair and rehabilitation of the 600-mm old water inlet main pipe of the Pali Hill reservoir in the H-West ward, which will cause a low water supply.
25.02 / 09:36
25.02 / 08:21
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Palo Alto, Dropbox Post-Earnings Plunge Is Now Looking Like a Buying Opportunity
Some companies reported stronger-than-expected numbers this earnings season and rallied. Meanwhile, others fell short of expectations and faced selling pressure as markets went on to punish them.
25.02 / 07:55
Entertainment
economy
Food
wellness
show
country
reports
India spends less on food, more on clothes, entertainment: What govt data tells about country's household spending
Bloomberg. As per the report, the share of food in monthly consumption in rural areas declined to 46.4 percent in the latest survey, from 53 percent in 2011-12. The non-food consumption increased to 53.6 percent from 47 percent, the survey showed as reported by Bloomberg.
25.02 / 07:55
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2020
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Relationships
‘In those 4 years….’: Jaishankar answers why 'India-US ties bloomed during Donald Trump's presidency'
HT. Ahead of the upcoming 2024 US presidential elections, Trump is campaigning in the US and won the South Carolina Republican primary on February 24 even while being involved in cases pertaining to federal charges. The former US President had visited India in 2020 and addressed a rally with PM Modi in Gujarat's Motera, where he had said , “We will always remember this remarkable hospitality.
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