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European Commission is planning to impose provisional duties on electric vehicles (EVs) produced in China ranging from 17.4% to 38.1%, on top of its standard 10% tariff for car imports. The duties are due to apply by July 4.

investor in Indian startups with investment in 47 entities, according to ASK Private Wealth Hurun India Future Unicorn Index 2024. According to the index report, Peak XV is followed by Accel which has invested in 25 companies that are poised to become the next generation of unicorns. «With an impressive portfolio of 47 investments, Peak XV Partners emerges as the top investor in the ASK Private Wealth Hurun India Future Unicorn Index 2024, the report said, adding that Peak XV Partners registered successes by investing in Turtlemint, CleverTap and Classplus, among others.

Hajj this year owing to the extreme heat conditions, the Ministry of External Affairs (MEA) said on Friday. «A large number of pilgrims visit Hajj every year. This year, 175,000 Indian pilgrims have visited Hajj so far. We have 98 Indian pilgrims who have died this year,» said MEA Spokesperson Randhir Jaiswal in a weekly briefing. In Mecca, temperatures hit 51.8 degrees Celsius (125 Fahrenheit), on Monday.

Samrat Chaudhary has been appointed as the convenor of the GoM on GST rate rationalisation. According to an official memorandum posted on the GST Council secretariat website, the other members of the reconstituted panel are Uttar Pradesh Finance Minister Suresh Kumar Khanna, Goa Transport Minister Mauvin Godinho, Rajasthan Medical, and Health Services Minister Gajendra Singh. The GoM also includes West Bengal Finance Minister Chandrima Bhattacharya, Karnataka Revenue Minister Krishna Byre Gowda, and Kerala Finance Minister K N Balagopal. The seven-member GoM has been tasked with suggesting required rate rationalisation and correction of inverted duty structure with an objective of simplifying the rate structure, reviewing the GST exemption list and enhancing revenues from Goods and Services Tax (GST).

Anu Dhankad’s involvement in the Burger King shooting is just one instance of this disturbing trend. As per a report by The Times of India, gang leaders are leveraging social media to recruit women fascinated by crime, drawing them into their syndicates. These women aren't mere accomplices but play multifaceted roles from honey-trapping targets to executing reconnaissance and even participating in lethal operations, recent cases reveal, the report stated.

global expansion (including acquisitions) are among the objectives cited behind Oyo's latest fund raise and increasing its authorised share capital, as per the regulatory documents seen by ET. ET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary general meeting (EGM) held on June 18. The shareholders also gave their nod to increasing Oyo's authorized share capital from Rs 901.14 crore to Rs 1,341.14 crore.

Colgate-Palmolive (India) Ltd. fell 0.63 per cent to Rs 2836.8 in Friday's session as of 12:52PM (IST) even as the equity benchmark Sensex traded 408.0 points lower at 77070.93. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 3068.95 and a 52-week low of Rs 1625.0 on NSE. Around 1794 shares changed hands on the counter till 12:52PM (IST).

Budget 2024: Every year, the Department of Economic Affairs in the Ministry of Finance prepares the Union Budget, which is then presented by the Finance Minister. The Budget which is tabled annually serves as a financial plan for the country and lays out the estimated earnings and expenditures of the government for the upcoming fiscal year. Here are the five essential steps involved in the formation of the Union Budget: Initial Processes: The process begins around six months before the Budget is presented. The Finance Ministry issues Budget Circulars to relevant ministries and departments with necessary instructions and guidelines. These circulars are then distributed among disbursing and field officers, who share details about their department's financial expenditures and receipts for the current and past fiscal year, as well as their financial requirements for the upcoming fiscal year.

Crompton Greaves Consumer Electricals Ltd. traded 0.52 per cent higher in Friday's session at 12:47PM (IST). The stock opened at Rs 425.75 and has touched an intraday high and low of Rs 436.6 and Rs 423.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 436.6 and a 52-week low of 262.1. About 50,747 shares changed hands on the counter so far.

Crisil report, with products ranging from student education loans to expansion capital for educational institutions in the form of education infrastructure loans.Draft Red Herring Prospectus (DRHP) states that Olive Vine Investment Ltd, a Warburg Pincus affiliate, is the company's promoter. International Finance Corporation and affiliates of Kedaara Capital, Mubadala Investment Company, and Avendus Future are among the institutional shareholders.Also Read: Ola Electric, Emcure Pharmaceuticals get SEBI nod for IPO launchA fresh issuance of equity shares up to ₹1000 crore and an offer for sale (OFS) of up to ₹2500 crore by the "Selling Shareholder" with a face value of ₹5 per equity share make up the public offer, which has a combined total value of ₹3500 crore.The offer for sale includes equity shares from Olive Vine Investment Ltd (Promoter Selling Shareholder) up to ₹1,758 crore; equity shares from International Finance Corporation (Investor Selling Shareholder)up to ₹342 crore; and equity shares from Kedaara Capital Growth Fund III LLP (Investor Selling Shareholder) up to ₹400 crore.Also Read: Stanley Lifestyles IPO hits D-Street today; check GMP, review, and other key details.

“A loan, though old, is not a gift" is an old Hungarian saying. This is especially apt in today’s digital age where even a minute delay is reported into the system and is remembered by lenders and others for a very, very long time.

ICICI Lombard General Insurance Company Ltd. traded 0.87 per cent up at Rs 1763.0 at around 11:05AM (IST) on Friday. The stock had closed at Rs 1747.65 in the previous session. Equity benchmark Sensex traded 297.44 points lower at 77181.49 around the same time.

Lupin Ltd. gained 0.63 per cent to Rs 1565.05 at 11:11AM (IST) in Friday's trade. The counter hit a high of Rs 1578.35 and low of Rs 1531.15 so far during the session. The stock had closed at Rs 1555.1 in the previous session. The counter had a total traded volume of 11:11AM shares so far with a turnover of Rs 1.14 crore on BSE. The stock traded at a price-to-earnings multiple of 37.09 and a price-to-book ratio of 5.16.

UK authorities have arrested two people suspected of running an illegal crypto exchange valued at over £1b ($1.3b).

Bajaj Finance, Cholamandalam, and M&M Finance from 'Neutral' to 'Underperform' among NBFCs, citing expectations of lower growth, declining ROEs, and a delayed rate cut cycle.In the insurance sector, while remaining cautious, the brokerage has upgraded SBI Life from 'Neutral' to 'Outperform', believing IRDA regulations less impact it. It expects SBI Life to achieve sector-leading VNB (value of new business) growth of 15 percent and considers its valuations reasonable in this context.As per the brokerage, private sector banks are a steady power of compounding story.

GenAI projects during the second and first quarters, respectively. The third quarter saw Accenture's total order bookings hit $21.1 billion, with GenAI deals accounting for 4.3% of this total, a significant increase from the 0.6% share in the year-ago period.

Mint had reported that the grocery delivery company is looking to set up larger dark stores to stock a larger assortment of grocery and e-commerce products like cosmetics and gifting items.“If we are able to achieve this while continuing to delight customers, I believe we will be ready to go public relatively soon," he added.Founded by Aadit Palicha and Kaivalya Vohra in 2021, Zepto shot to fame after it secured upwards of $150 million in funding from marquee investors such as Y Combinator and Nexus Venture Partners within months of inception. It attained unicorn status last year after bagging $200 million in Series E funding led by US private equity firm StepStone Group, along with Goodwater Capital, Nexus Venture Partners and Glade Brook Capital.The startup is now planning an initial public offering sometime next year, aiming for a multi-billion dollar listing on the back of a healthy balance sheet, Palicha said.Over the last few months, Zepto has introduced several new initiatives to diversify its revenue streams and improve its margins.For instance, Zepto Pass, its loyalty programme with monthly prices starting at ₹19, saw more than a million customers sign up to it within a week of launch in February, according to the company.

₹161.10 crore. Stanley Lifestyles IPO has established a price band of ₹351 to ₹369 per equity share with a face value of ₹2.

Balaji Amines with a target price of Rs 2930. The current market price of Balaji Amines is Rs 2458.05. Balaji Amines Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 7916.21 Crore) operating in Chemicals sector.

Triveni Engineering & Industries with a target price of Rs 465. The current market price of Triveni Engineering & Industries Ltd. is Rs 409.85. Triveni Engineering & Industries Ltd., incorporated in the year 1932, is a Small Cap company (having a market cap of Rs 9053.62 Crore) operating in Sugar sector.

Rudra Global Infra Products Ltd. with a target price of Rs 70. The current market price of Rudra Global Infra Products is Rs 51.69. Rudra Global Infra Products Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 513.96 Crore) operating in Metals — Ferrous sector.