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Shareholder resolutions with more than 20% dissent from institutional shareholders dropped to 16% in the recently concluded proxy season, down from 17% in the previous two fiscals, as per data from primeinfobase.com. In actual numbers, 1,581 out of 10,092 resolutions saw more than 20% of institutional shareholders express their dissent in FY25 so far. However, 98% of them still passed, mostly owing to high promoter holding in the companies.

Listed companies paid royalty to related parties in excess of 20% of their net profits on one out of four occasions, flagging the need for change in norms, a study published by the Securities and Exchange Board of India (Sebi) Thursday showed. “The data suggests that though the royalty payments made by companies are reasonably within the stipulated threshold, such payments are unjustifiably high in terms of their profitability,” Sebi said.

Subscribe to enjoy similar stories. Having learnt from videos, a da Vinci robot has been replicating surgical procedures like using a needle and suturing. Robots may be a step closer to performing complex surgeries independently—but will humans trust autonomous AI surgeons? Robotic surgeries, especially in the post-covid era, are being routinely done in urology, oncology, nephrology, gynaecology and laproscopy.

Pulte Capital CEO Bill Pulte weighs in on rising mortgage rates and says that until supply increases, high housing prices will be seen.

A Federal Reserve official has given a lengthy defense of the central bank's political independence

Ramsey Solutions personality Jade Warshaw breaks down the latest economic data that shows consumers credit card debt is piling up amid a jump in spending. 

Infosys' founder Narayana Murthy recently said Indians failing to solve problems as the main factor behind issues such as Delhi pollution remaining a persistent problem for the country. «Which area has (India) invented? Please give me an example,» Murthy during an inter highlighting the country’s dependence on adapting foreign technologies rather than creating innovations. Murthy said that India has yet to solve long-standing issues like Dengue and Delhi's pollution, despite these being persistent problems. He questioned why the IT services industry should be singled out for criticism when the country as a whole has not addressed these challenges.

Subscribe to enjoy similar stories. The announcement came at a routine press briefing on September 5th. Mao Ning, a foreign-ministry spokesperson, said China was grateful for the “desire and love" of the foreign families who wanted to adopt Chinese children.

Justin Trudeau’s plan to drastically slash immigration targets, but the move has done little to boost his waning popularity, a new poll suggests. Despite three in four respondents agreeing with the immigration reduction, just over half said it has no impact on their impressions of Trudeau, according to a survey by Nanos Research Group for Bloomberg News. Some 17% stated it negatively affected their opinion of the prime minister, while 28% reported a positive impact. Trudeau’s government last month slashed the number of annual permanent-resident admissions by more than 20%, the first cut to a key immigration group in more than a decade. Combined with a plan to shrink the population of foreign students and temporary workers, the policy is a sharp reversal aimed at restoring confidence in the country’s immigration system as well as Trudeau’s Liberal Party.

rupee slipped 1 paisa to an all-time low of 84.40 against the US dollar in early trade on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors. Forex traders said the downward pressure on the USD/INR pair is largely driven by persistent inflation and significant foreign outflows. At the interbank foreign exchange, the rupee opened at 84.40 against the greenback, registering a fall of 1 paisa over its previous close.

Siddha Ventures Ltd.(up 20.00%), Multibase India(up 19.99%), Fluidomat Ltd(up 19.99%), Banco Products(up 18.14%), Mahalaxmi Rub(up 17.73%) and Dishman Carbogen(up 16.74%) were among the stocks that surged over 15%.

India VIX, the volatility gauge, surged 5.79% to close at 15.43 on Wednesday, indicating heightened caution. The Nifty future closed negative with losses of 1.10% at 23,696 levels.

Diabetes is rapidly becoming a major health challenge worldwide, with the potential to lead to serious complications if not diagnosed and managed early. Like high blood pressure, diabetes often progresses quietly, showing few symptoms at first. This allows it to go unnoticed until significant damage has already been done, which is frequently irreversible. Diabetes develops when the body cannot produce enough insulin or use it effectively, leading to an excess of sugar in the blood. Over time, this can impact the heart, kidneys, lungs, and brain.

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices. Brent crude futures were down 6 cents, or 0.08%, at $72.22 a barrel by 0133 GMT. U.S. West Texas Intermediate crude (WTI) futures were down 13 cents, or 0.19%, at $68.30.

Federal Reserve easing. Cryptocurrency bitcoin also shot to a fresh record high of $93,480 overnight, and was rising back towards that level early in Asia's day. Trump has vowed to make the United States «the crypto capital of the planet».

The Sensex and Nifty have dropped 10% from peaks on September 27, resulting in the indices entering the technical corrective phase. When an index falls 10% from its peak in a short span, it's considered a correction. A 20% decline makes it a bear phase.

A hacking group that is believed to be Chinese state-sponsored has compromised two websites with ties to the Tibetan community in an attack meant to install malware on users’ computers

net profit rose 3% year-on-year (YoY) to Rs 82 crore in Q2FY25 compared to Rs 79.6 crore in the corresponding period of the previous year. Revenue grew 12% YoY to Rs 258 crore in Q2FY25 driven by 40% growth in CDMO business and consolidation of acquired business.

employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. «In order to promote ease of doing business and to facilitate the acquisition of units by the employee benefit trust and the subsequent transfer of units to the employees as per the terms of the UBEB scheme, it is proposed that the… lock-in and allotment related restrictions shall not apply to the employee benefit trust,» Sebi said in separate circulars.

Indian Space Research Organisation (ISRO), confident in its plans to launch the NASA-ISRO Synthetic Aperture Radar (NISAR) Earth Observation Satellite early next year from the Satish Dhawan Space Centre (SDSC), has shown interest in building an Earth Observation (EO) satellite for Mexico to further deepen the 75-year-old diplomatic relationship between the two nations in 2025. Mexico's Ambassador to India, Federico Salas met ISRO Chairman S Somanath at Antriksh Bhavan in Bengaluru on Wednesday. The two highlighted the successful cooperation between the two space agencies. Ambassador Salas emphasized the need to broaden cooperation with the Mexican space agency—Agencia Espacial Mexicana (AEM)—and expand collaboration with the Latin American and Caribbean Space Agency (ALCE), which comprises several countries, for the peaceful use and exploration of outer space. According to a statement from ISRO, Ambassador Salas expressed gratitude for India’s support in space technology applications, particularly in areas such as forest fire monitoring and agricultural drought management.

It's Goldman Sachs partner day. The firm just announced a new list of 95 partners, its highest number since at least 2016, when it announced 84 new partners. The last time partners were announced, in 2022, there were only 80 on the list.