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ZURICH (Reuters) — Swiss engineering group ABB (ST:ABB)'s operations in China are being scrutinised by two U.S. Congress committees dedicated to investigating security threats and risks posed by Beijing, documents showed on Friday.

Ayodhya Ram Temple news: The face of the Ram Lalla's idol at the Ayodhya Ram Janmabhoomi temple was revealed on Friday. The first image of the Ram Lalla idol became public just three days before the 'pran pratishtha' ceremony here on January 22. In the picture released by Vishva Hindu Parishad (VHP), Ram Lalla is in a standing posture.

reported Business Line. The assets under management of passively managed schemes have rallied 31 percent to ₹8.74 lakh crore last month against ₹6.65 lakh crore logged in January, largely driven by new fund offers and increased inflows into index funds, it said. In fact, passive funds accounted for 21 percent of overall AUM of ₹42.04 ­lakh crore as of December­-end, according to the Association of Mutual Funds in India data, as per the report.

RBL Bank Q3 Results: RBL Bank announced its October-December quarter results for fiscal 2023-24 (Q3FY24) on January 19, reporting a rise of 11 per cent in net profit ₹233 crore, compared to ₹209 crore in the year-ago period. The private sector lender's net interest income (NII) in the third quarter of current fiscal rose 35 per cent to ₹1,546 crore, compared to ₹1,277 crore in the corresponding quarter of the previous fiscal. The bank's gross non-performing asset (NPA) stood at 3.12 per cent, down from 3.61 percent recorded in the same quarter last year.

around 11 percent over the past two days on the back of disappointing December quarter (Q3FY24) results. Broader market optimism as well as global brokerage house CLSA's positive outlook led to the recovery. The stock rose around 2 percent to its intra-day high of ₹1,486.80.

November 21 last year. That was Ram Rahim's third temporary release from jail in 2023. Before this, the Dera chief had walked out of the Sunaria jail on a 30-day parole on July 30.

₹100 per equity share with a face value of ₹10. The issue is entirely a fresh issue of 19.64 lakh shares worth ₹19.64 crore. The net proceeds from the issue are to be utilised towards funding the capital expenditure towards the installation of plant and machinery for existing laboratories and for expansion of laboratories, repayment of unsecured loans to the promoter, working capital requirements of the company, and general corporate purposes, according to the company's DRHP report.

Google layoffs 2024: CEO Sundar Pichai warns of more job cuts this year Also, the report mentioned that 77% of the HR leaders have projected that rehiring top talent is an effective way to regain institutional knowledge this year. After Prime, Amazon's Twitch and Audible face layoffs due to financial issues On the hiring trends of 2024, the report claimed that AI and automation will continue to influence job roles across industries.

stock updates in the language of your choice as the Central Depository Services (India) Limited (CDSL) has launched two multi-lingual initiatives in a move towards inclusivity and accessibility for users, the company said in a statement. The launch comes as the company marks its silver jubilee year (25 years of operation) and was unveiled by markets regulator Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch on January 17. In the 'Apka CAS – Apki Zubaani' initiative, the Central Depository Services (India) Limited (CDSL) has upgraded the Consolidated Account Statement (CAS) to support 23 Indian languages.

OpenAI has partnered with Arizona State University to bring ChatGPT into the classroom. The new collaboration will bring the capabilities of ChatGPT Enterprise to higher education and set a new precedent for how universities can improve learning, creativity and student outcomes, Arizona State University said in a release.

(Reuters) — China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with knowledge of the situation said, as Beijing struggles to contain debt risks even as it tries to stimulate the economy.

Maharashtra has recorded the highest number of variant cases at 320 followed by Karnataka at 234. Andhra Pradesh recorded 189 JN.1 cases while Kerala registered 156 cases of the variant.

Amid an ongoing worldwide transition towards EVs, the Spectre EV is the first all-electric car launched by the company. Billed as a spiritual successor to the iconic Phantom, the Spectre is a two-door coupe. According to the company, the new car is based on the same ‘architecture of luxury’ platform as its stablemates, the current-generation Phantom and the Cullinan SUV. According to various reports, the Spectre is the most aerodynamic Rolls-Royce to date. The Spectre is powered by a fully-electric powertrain comprising a dual-motor setup. The engine can produce a stunning 577 hp and 900 Nm of peak torque. As per the company's claims, the new EV can deliver a range of 520 km on a single charge. As for pick-up capacity, the Spectre can go from 0-100 in just 4.5 seconds. The front of the Spectre has the broadest Rolls-Royce grille ever, according to reports. The car sports 21-inch alloy wheels and a 102-kWh battery pack. The weight of the car is 2,975 kg. Dimension specs are: 2,080 mm in width, 5,453 mm in length, and 1,559 mm in height. Rolls-Royce has already announced that by 2030, it will phase out all of its ICE models, and thereafter only produce electric cars.

Union Education Minister Dharmendra Pradhan on Friday said that almost all states are implementing the National Education Policy 2020. He said that even the states that seem reluctant are indeed implementing the policy although they are using different terminology.

BANGKOK (Reuters) — Thai Prime Minister Srettha Thavisin said on Friday his government will move ahead with its flagship $14.3-billion 'digital wallet' handout scheme, though it may be delayed.

₹1,777 crore in Q3 FY24, an increase of 68% compared to a net profit of ₹1,058 crore in the same period last year. In the preceding quarter, the company posted a net profit of ₹1,281.45 crore. The revenue from operations rose 7.85% to ₹16,739.97 crore during the quarter from ₹15,520.93 crore in the corresponding period of the last fiscal.

India for the year 2023, reaching $66 billion, marking a decrease of over 50 percent, a recent report from consultancy firm Grant Thornton Bharat found. Released on January 19, the report found a decline of over 20 percent in deal volume, with 1,641 deals compared to the previous year. Shanthi Vijetha, a partner at Grant Thornton Bharat, pointed out several factors contributing to this.

India-Canada Row: India’s High Commissioner to Ottawa Sanjay Kumar Verma has said that Delhi could assist in investigating the links to gangs operating in Canada, and conducting extortion targeting Indo-Canadians. However, the envoy set a ride – “if there is a formal request from Ottawa along with evidence".

Maggioncalda highlighted the significance of generative AI, emphasizing its broad impact on people and industries. Speaking at the World Economic Forum in Davos, he stated, "I'd say the real hotspot is generative AI because it affects so many people." Despite initial concerns among investors that generative AI applications might replace ed-tech firms, the opposite appears to be true. Instead, the technology has spurred increased interest in upskilling, proving advantageous for companies like Coursera.

Cholamandalam Investment & Finance Company Ltd. dropped 2.59 per cent to Rs 1258.6 at 02:04PM (IST) in Friday's trade. The counter hit a high of Rs 1295.65 and low of Rs 1258.15 so far during the session.

Hindustan Zinc Ltd on Friday reported a net profit of Rs 2,028 crore for the quarter ended December, which was down about 6% from Rs 2,156 crore in the year-ago quarter. Revenue from operations too declined 7% year-on-year to Rs 7,067 crore in the said third quarter. On a sequential basis, net profit jumped 17% from Rs 1,729 crore reported in the preceding quarter, while revenues were up 8% quarter-on-quarter. The company posted an EBITDA of Rs 3,521 crore in the reporting third quarter and the margins came in at 48.2%. MORE TO COME...