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Indian Oil Corp. and Bharat Petroleum Corp. Ltd., both under government control, had initially planned rights issues to raise up to 220 billion rupees and 180 billion rupees, respectively, with government backing.

Sanjay Singh and ND Gupta, were renominated for the second term in the Upper House of Parliament. The nominations were announced by the AAP's Political Affairs Committee (PAC), chaired by AAP national convener and Delhi Chief Minister Arvind Kejriwal. ALSO READ | Delhi Rape Case: Protesting Swati Maliwal spends night at hospital after cops denied her to meet victim "DCW chairperson Swati Maliwal has been nominated for the first time.

A couple of years ago, my teenage daughter Violet sent me a “War and Peace"-length text full of searing moral condemnation: “Our family literally operates on an axis of drama and gossip, that is perpetuated by Nana and possibly you and your sisters." She went on to talk about how she and her cousins did not want to be involved in this “adult dysfunction." When I read this text I was chastened, and also a little amused. I have a big family with many sisters. At any given point in the day, my mother is on the phone with one of us.

oil refiners it could halve a proposed Rs 30,000-crore ($3.6 billion) package aimed at supporting investments to manage the energy transition. State-controlled Indian Oil Corp. and Bharat Petroleum Corp.

By Andrew Silver

Penny stock under ₹5: Shares of Sylph Technologies Ltd are one of the circuit-to-circuit stocks of Dalal Street. This small-cap stock under ₹5 touched a 5 per cent upper circuit on 29th December 2023. After hitting the upper circuit on the last session of 2023, this penny stock under ₹5 locked in the upper circuit on all first four trade sessions in New Year 2024.

told CNBC-TV18 he then thought it best to keep all family out of business. Notably, Sudha Murty had contributed ₹10,000 to the seed capital for Infosys, along with the first seven which included Ashok Arora, K Dinesh, Kris Gopalakrishnan, Nandan Nilekani, NS Raghavan, and SD Shibulal alongside her husband Narayana Murthy, as per a Hindustan Times report. Murthy also credited his wife for advising him to focus on the export market, telling the channel that Murty was "more qualified than all seven of us".

oil refiners' green energy projects, four government and industry sources said, as the federal government seeks to curb its fiscal deficit. Asia's third largest economy, facing an over 40% shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9% of GDP for this fiscal year to the end of March. State-run Bharat Petroleum Corp and Hindustan Petroleum Corp aim to end net carbon emissions from their operations by 2040, and Indian Oil Corp has set a target for 2046. To help the companies reach the goals, 300 billion rupees ($3.61 billion) in equity support was announced in the budget for this fiscal year. But an industry and a government official said the funds will be provided in a staggered manner and the government will give 150-billion-rupee equity support in 2023/24. As the refiners' financial position is sound and they do not require 300 billion rupees for capex this year, the government has lowered the amount, one of the sources said. All the sources with direct knowledge of the matter spoke on condition of anonymity because the details have yet to be approved by the federal cabinet. India's oil ministry, the finance ministry and oil companies did not respond to Reuters' emails seeking comments. Two industry sources said BPCL and IOC will halve the size of their planned rights issues to 90 billion rupees and 110 billion rupees, respectively. The refiners do not need funds immediately for energy transition projects, and their capex will only increase significantly after two-to-three years, one of the two industry sources said. A second government source said Oil and Natural Gas Corp, the parent firm of HPCL, will enhance

Rajat Rajgarhia, Director, Motilal Oswal Financial Services, says why should public sector banks be constrained by a historical valuation band? Why cannot they trade at 1.5x, 2x if they can deliver 16%, 17% ROE for the next 3-4 years which means that we are still talking about these stocks that can potentially double from here after doubling last year. I do not think they are anywhere close to a bubble now. I do not think if they rally another 50% this calendar year, they would still be in the bubble, just that the stories are getting better as the growth orbit becomes better.” But will it be more of the same this year as well? The same PSUs, defence, railways, renewables, power, EMS, manufacturing at large or do you think the profit pool is going to be created somewhere outside? Rajat Rajgarhia: You just pre-empted that answer of profit pool. In this country, it is very important to identify profit pools, whether you want to be a shark in a pond or a fish in the ocean and we are going to see profit pool of many sectors moving from a pond to a semi-ocean and that is where identifying some of them early, even if they have looked for a sector, for a company to be 10x in the market cap, you will always be wondered by the first 2x or 3x. But do not miss that next 3x because that happens from a size, that happens from an allocation, ?hat is why it is very important to understand how much time you spend in the market rather than thinking how do you try to time the market.

Telugu Desam Party (TDP) national president N. Chandrababu Naidu has said that he is committed to taking steps needed for the financial and political empowerment of the Backward Classes (BCs) after his party comes to power in the upcoming general elections, while predicting a humiliating defeat for the ruling YSR Congress Party (YSRCP). The campaign aims to raise awareness among the Backward Classes (BCs) about the injustices they have faced during the Yuvajana Sramika Rythu Congress Party (YSRCP) regime. During the launch, Naidu stated that the TDP has initiated a historic programme for the Backward Classes, who have been deceived by the YS Jagan Mohan Reddy government.

Grasim Industries: Has set the price for its ₹4,000 crore rights issue at ₹1,812 per share. The rights issue will be open for subscription between 17 January and 29 January, and the record date has been fixed as 10 January. The company plans to issue up to 2.2 crore shares to promoters and the promoter group.

By David Shepardson

Finra is telling brokers more forcefully than it has before not to become a customer’s creditor or debtor.

By Michael S. Derby

Alphabet’s Google, which owns YouTube, has consistently denied being their boss, even after NLRB officials last year deemed it a “joint employer" of the workers – a company with enough control over them to be liable for their treatment and obligated to negotiate with them if they unionize. A Google spokesperson said the company plans to appeal the ruling in federal court.

A court in Argentina has delivered a blow to labor rule changes announced by President Javier Milei as part of sweeping deregulation and austerity measures aimed at reviving the country’s struggling economy

$SPONGE is an explosive meme coin that delivered a 100x return for early investors when it launched in May 2023. Now, $SPONGE is back with a new V2 token that promises to deliver even bigger gains and absorb more damp.

The U.S. Court of Appeals for the Ninth Circuit has recently concluded a landmark legal process, officially sanctioning the confiscation of 69,370 Bitcoins and other cryptocurrencies from the defunct dark web marketplace Silk Road. This judicial action enforces a previous ruling that acknowledged the U.S. government's rightful claim to these digital assets, which were linked to Silk Road's notorious illegal operations​​.

By Daniel Wiessner