Rights Financial News
02.04 / 09:57
COST
UPS
Action
Highways
reports
rights
Revised model concession agreements for toll projects will safeguard interest of all stakeholders: CareEdge Ratings
investor confidence while safeguarding the interest of all stakeholders, the CareEdge Ratings said on Tuesday. The ministry of road transport and highways (MoRTH) had last month revised the MCAs for bidding out toll road projects as it aims to bid out 53 projects, encompassing a total length of 5,214 km and a projected cost of Rs 2.10 lakh crore, for development under the BOT-Toll model. “The revised agreements have incorporated changes to tackle execution woes, ensure funding support during the construction period and mitigate lender’s risk in case of exigencies,” it said, adding it will help address challenges encountered during the execution, operational, and termination phases of BOT toll projects.
02.04 / 09:40
02.04 / 09:39
security
Southern
War
hospital
reports
rights
Israel clears way to expel Al Jazeera. Channel says Netanyahu's incitement claim is a dangerous lie
Prime Minister Benjamin Netanyahu has vowed to shut down Al Jazeera’s operations in Israel, calling it a “terror channel” that spreads incitement, after parliament passed a law clearing the way for the closure
02.04 / 09:39
02.04 / 09:01
UPS
Freedom
information
reports
rights
NOT
Sri Lankan Cabinet did not discuss Katchatheevu issue: Cabinet spokesman
Sri Lanka's Cabinet has not discussed the Katchatheevu issue so far as it was never raised, a government spokesman said here on Tuesday, after India's ruling BJP blamed the Congress Party for ceding the tiny island to Colombo in 1974. «The Cabinet did not discuss it as it was never raised,» Bandula Gunawardena, the Cabinet spokesman and minister of information told reporters here today. Prime Minister Narendra Modi on Sunday cited a media report to assert that new facts reveal that the Congress Party «callously» gave away Katchatheevu island to Sri Lanka.
02.04 / 09:01
Booking
Waters
security
Metro
Election
wellness
rights
Looking to increase margins for all projects to 15-16% by FY27: Kamal Gupta, J Kumar Infraprojects
«And as you said, we are confident of achieving a $1 billion revenue by FY27. Our order book, as on FY27, we are looking for around Rs 25,000 crores. This year has been very good for us. We have secured Rs 3,800 crores of projects in Q4 only and our order inflow for FY23-24 is Rs 11,861 crores,» says Kamal Gupta, MD, J Kumar Infraprojects. What I was talking about is in terms of the orders that you have recently won. So, in terms of what is the pipeline looking like for your order book and also if you were going to give us an understanding in terms of the revenue for FY25, what is it that one could expect given that you have been receiving so many big orders? So for FY25, we are looking for a revenue of around Rs 5,500 crore to Rs 5,600 crores and we may further revise our growth revenue post Q1 FY25, looking at the execution pace.
02.04 / 07:15
security
Death
War
reports
rights
International
Israeli PM calls for Al Jazeera shutdown, new law allows for 'security threat' bans on international media
Netanyahu has pledged to close down Al Jazeera news network following the passing of a comprehensive law on Monday, granting the government authority to ban foreign networks perceived as posing a threat to national security, CNN reported. Netanyahu stated his intention to do so, and said «to act immediately in accordance with the new law» to stop the Qatari-based news outlet's activity in the country, according to a post on social media platform X following the passage of the law.
02.04 / 05:25
Provident
WhatsApp
Universities
country
reports
Department
rights
"We firmly reject such attempts": India clarifies stance on renaming of places in Arunachal Pradesh by China
MEA) official spokesperson, Randhir Jaiswal, on Tuesday clarified India's stance on renaming of places in Arunachal Pradesh by China. Jaiswal called the move a senseless attempt and said that India rejects such claims. He said, «China has persisted with its senseless attempts to rename places in the Indian state of Arunachal Pradesh. We firmly reject such attempts. Assigning invented names will not alter the reality that Arunachal Pradesh is, has been, and will always be an integral and inalienable part of India.” China had released a fourth list of 30 new names of various places in Arunachal Pradesh amid Beijing's stepped-up assertions in recent weeks to re-emphasise its claim over the Indian state. India has been rejecting China renaming places in Arunachal Pradesh, asserting that the state is an integral part of the country and assigning „invented“ names does not alter this reality.
02.04 / 05:25
markets
UPS
Digital
Manufacturing
Gap
wellness
rights
We will push for a higher market share next year as well: Shashank Srivastava, Maruti Suzuki
«Top three models in the industry are from Maruti Suzuki, so very positive. We are very hopeful of the next year as well. Overall, for the industry though I think the projection for the industry is the single digit growth and we do hope that we will try to grow a little faster than the industry and hopefully it should be another good year for Maruti Suzuki,» says Shashank Srivastava, Senior Executive Officer, Maruti Suzuki India Ltd. What are your expectations from next fiscal year 2024-25? See, this year which just went by the fiscal year 2023-24 has been pretty good for the industry. First time industry crossed the four million mark. Maruti Suzuki grew faster than the industry so we added market share. So, it has ended on a really positive note.
02.04 / 04:43
Fishing
reports
rights
International
rowing
Katchatheevu row: Sri Lanka says island falls within its control, India trying to reclaim territory, says BJP
gave away Katchatheevu island to Sri Lanka in 1974. Jeevan Thondaman told The Indian Express that Sri Lanka “has not received any communication from India" regarding its claim on the Katchatheevu island and if it does, the foreign ministry will reply to it. "As far as Sri Lanka is concerned, Katchatheevu island falls within the Sri Lankan line of control….So far, there has not been an official communication from India to return the powers of Katchatheevu island….If there is such a communication, the foreign ministry will reply to that," Jeevan Thondaman was quoted as saying.
02.04 / 04:17
Progressive
Remark
Boxing
wellness
performer
rights
Updates
IPL Points Table 2024: Rajasthan on top, Chennai slip to third spot. Check updated list after MI vs RR clash
IPL Points Table 2024: Rajasthan Royals registered their third straight win of the season on Monday, comfortably defeating Mumbai Indians by 6 wickets at their home ground. The win sees RR move to the top of the IPL points table, while Mumbai Indians remain at the bottom and Chennai Super Kings have slipped to 3rd spot. The Royals have had a solid start to the season, starting with a win over Lucknow Super Giants in their opening match, followed by a win over Delhi Capitals and now Mumbai Indians.
02.04 / 03:41
FIVE
Ball
awards
rights
Who won yesterday IPL Match? Best moments of Mumbai Indians (MI) vs Rajasthan Royals (RR) match
IPL match. Even RR batters struggled to score big. Yashasvi Jaiswal (10 off 6 balls), Jos Buttler (13 off 16 balls) and Sanju Samson (12 off 10 balls) were out soon.
02.04 / 02:05
Twitter
community
President
reports
Equality
rights
Pakistan news: Massive protests in Sindh province over abduction of Hindu girl
India, Pakistan in Twitter spat over abduction of 2 girls Several notable attendees included Taj Baloch, representing traders, Liaqat Ali Chakar from JI's youth wing, Mir Jan Mengal, president of the wholesale market, Molana Nawabuddin Domki, Khan Jan Bangulazi, and Harpal Das, Dawn reported. The demonstrators urged the prime minister, Shehbaz Sharif, and Sindh Chief Minister Murad Ali Shah to take immediate and decisive action to ensure the safe return of the girl and to deliver justice to the minority community.
01.04 / 22:31
Citi
FIVE
Death
Freedom
reports
rights
A Kansas paper and its publisher are suing over police raids. They say damages exceed $10M
raids last summer of its offices and the publisher's home, accusing local officials of trying to silence the paper and causing the death of the publisher's 98-year-old mother. The lawsuit did not include a specific figure for potential damages. However, in a separate notice to local officials, the paper and its publisher said they believe they are due more than $10 million.
01.04 / 21:49
security
WhatsApp
rights
India inc’s fundraising via bonds touches record Rs 9.77 l cr in FY24
fundraising in FY24 despite equities witnessing a record-breaking run. Fund mobilisation through privately placed corporate bonds touched a record high of Rs9.77 lakh crore in FY24 — a 15% increase over the previous year’s record of Rs 8.52 lakh crore.
01.04 / 18:47
Action
WhatsApp
guidelines
rights
ET Explainer: What RBI's norms on penal charges mean for borrowers
Reserve Bank of India's (RBI) latest guidelines on penal charges on loan accounts have come into effect from April 1. The norms prohibit commercial banks and finance companies from charging borrowers penal rates on loan defaults or any other non-compliance event. Sangita Mehta explains the rationale behind such an action and the rights of the borrower and the lender after the latest guidelines. What do the new penal interest guidelines say? RBI has barred banks and finance companies from charging penal interest, often levied on customers for delays in payment of equated monthly instalments (EMI). Also, lenders cannot introduce additional components to the rate of interest as a substitute. RBI has allowed a lender to levy penal charges; however, banks must ensure that there is no capitalisation of the penal charges and no further interest computed on such charges.
01.04 / 18:29
Citi
Waters
Southern
wellness
Indus
reports
rights
India must prioritize the needs of its thirsty cities before the rest
At the time Egypt’s pyramids were being constructed, one of the cradles of global civilization emerged the Indus Valley around the borders of Pakistan and India. Its grid-planned cities produced sewerage networks, delicate artworks and an undeciphered writing system. Then, a 900-year drought [is thought to have] emptied its urban areas and sent its population back to a simpler, poorer village life on the plains of the River Ganga.
01.04 / 16:53
Target
Racing
Entertainment
concert
exclusive
rights
Sporting
CPPIB and partner sell motorcycle racing league as part of $3.8 billion deal
Formula 1 owner Liberty Media Corp. is buying the motorcycle racing league MotoGP World Championship from Bridgepoint Group PLC and Canada Pension Plan Investment Board as part of a US$3.8 billion deal.
01.04 / 16:51
2020
reports
rights
Stratos swipes $500M team from RBC
Stratos Wealth Advisors, an RIA with more than $3.6 billion in advisory assets, has expanded its operations into northern Nevada by incorporating a team from RBC Wealth Management.
01.04 / 16:09
Progressive
Fox
CEO
Southern
Food
Celebrity
rights
California's $20 minimum wage for fast-food workers goes into effect
16 Handles CEO Neil Hershman discusses the impact of Gov. Gavin Newsons new minimum wage law on Varney & Co.
01.04 / 14:55
UPS
IPO
security
blues
reports
rights
Maharashtra based supermarket chain Patel Retail Limited files DRHP for IPO
₹10 per equity share, is a mix of fresh issue of shares of up to 90.18 lakh and an offer for sale of up to 10.02 lakh equity shares by Promoter Selling Shareholders. The sale offer comprises up to 7.68 lakh equity shares by Dhanji Raghavji Patel and up to 2.34 lakh equity shares by Bechar Raghavji Patel, with a provision for eligible employees to subscribe.
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