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Subscribe to enjoy similar stories. MUMBAI : Even as one group of National Spot Exchange Ltd (NSEL) investors withdrew consent for the proposed one-time settlement (OTS) with 63 Moons Technologies Ltd, another group has claimed substantial support to see the much-awaited resolution through. The NSEL Investor Action Group (NIAG), which withdrew the consent after an emergency meeting on 6 December, accused 63 Moons of violating the foundation of the settlement talks by seeking permission to access ₹300 crore from attached assets without consulting the group.

European Union on Tuesday agreed to hold the first-ever ministerial strategic foreign policy dialogue soon to jointly navigate an array of critical challenges including geo-political tensions and Chinese belligerence in the Indo-Pacific and beyond. The decision to institute the strategic dialogue was taken during a phone conversation between External Affairs Minister S Jaishankar and his counterpart from the 27-nation bloc Kaja Kallas. In a post on 'X', Kallas, the EU High Representative for Foreign Affairs and Security Policy, said it was agreed to hold the first ministerial strategic foreign policy dialogue soon. The move to hold the dialogue comes months before India and the EU hold summit-level talks in New Delhi that is expected to see significant outcomes in terms of deepening of cooperation in a range of areas such as security, digital public infrastructure and trade.

Securities and Exchange Board of India (Sebi) on Tuesday enhanced its scope by making top 500 stocks available for the T+0 cycle. The scrips will be made available as of December 31, 2024. “Optional T+0 settlement cycle shall be made available to top 500 scrips in terms of market capitalization as on December 31, 2024. The scrips shall be made available for trading and settlement starting with scrips at bottom 100 companies out of the aforesaid 500 companies and gradually include the next bottom 100 companies every month till top 500 companies are available for trading in optional T+0 settlement cycle," a Sebi circular issued on Tuesday said.

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Subscribe to enjoy similar stories. TAIPEI—China massed dozens of navy and coast guard vessels in what appears to be the largest maritime exercises targeting Taiwan and the broader Western Pacific region since 1996, a potent warning to the incoming Trump administration of its intention to eventually take control of the island. China’s military didn’t announce the start of any drills.

Subscribe to enjoy similar stories. MUMBAI : Mintifi Finserve, a supply-chain financing startup, secured $180 million in a Series E funding round on 10 December, led by Teachers’ Venture Growth, the late-stage investment arm of Ontario Teachers’ Pension Plan (OTPP), and global investor Prosus. Existing backer Premji Invest also participated in the round, which comprised both primary and secondary transactions.

gender-based violence and developing safety protocols for doctors and medical staff at hospitals with the court-appointed national task force. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar said the NTF will file its report within 12 weeks from Tuesday for its consideration. The top court constituted the NTF on August 20 to formulate a protocol for ensuring safety and security of medical professionals in the wake of the rape and murder of a doctor at RG Kar Medical College and Hospital in Kolkata. While hearing the suo motu case on Tuesday, the CJI said the case would be next heard in the week commencing March 17, 2025, but suggested the parties could seek an earlier hearing if the rape and murder trial of the case was delayed.

Subscribe to enjoy similar stories. The fall of Assad regime in Syria has thrust India into a delicate balancing act. While the streets of Damascus are filled with jubilation, the corridors of power in New Delhi are marked by caution and concern.

₹10,000. It will now compete with the likes of Infinix Hot 50 and iQOO Z9 Lite.Moto G35 5G is priced at ₹9,999 for the sole 4GB RAM/128GB storage variant. It comes in three colourways: Leaf Green, Midnight Black and Guava Red.

Subscribe to enjoy similar stories. State-run oil marketing companies (OMCs) are set for a better December quarter (Q3FY25) after seeing earnings drop sharply year-on-year in the first half of the fiscal year. Amid healthier demand for crude oil and refined products in November, largely stable crude prices improved refining and marketing margins.

Bangalore-based startup shared their decision to turn down a lucrative job offer from a global tech giant. The post detailed the challenges and considerations behind the decision, offering a glimpse into the complexities of career choices and work freedom in the tech world. The professional, a Product Lead at the startup, revealed that they were offered a significant salary hike of Rs 36 LPA plus stock options after a rigorous interview process consisting of seven rounds, including a demanding design challenge. Despite the financial appeal, the individual identified key concerns during the interviews, such as the limited scope of the role, a rigid design system, a lack of innovation in the product, and signs of burnout among team members. These red flags led them to decline the offer, valuing creative freedom and ownership of their work over monetary gains. According to the individual, the startup environment where the professional is currently employed is intense and allows the individual to take charge of the entire design system and product experience. Although it often involves shipping features quickly and working long hours, including weekends, the level of autonomy and the opportunity to influence the product's direction was deemed more fulfilling than the constraints perceived in the corporate role.

Varun Beverages Ltd. 0.87 per cent to Rs 647.00 in Tuesday's trade. It hit a high of Rs 653.50 and low of Rs 645.00 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 604.48, while the 50-DMA was at Rs 604.44. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Reliance Green Hydrogen, ReNew E-Fuels, L&T Energy, Waaree Energies, AM Green, GH2 Solar and Avaada GreenH2 are among the 13 companies that have bid for incentives to produce green hydrogen under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. The technical bids for incentives under the second tranche for green hydrogen under SIGHT scheme were opened on Monday. The last day for submission was December 6. Maximum incentive under the tranche in the scheme is Rs 5,400 crore.

«The Council, I think, was more or less united on the need to preserve the territorial integrity and unity of Syria, to ensure the protection of civilians, to ensure that humanitarian aid is coming,» Russian UN ambassador Vassili Nebenzia told reporters after the emergency meeting requested by Moscow. Russia was a key ally of Assad, who was toppled by Islamist-led rebels over the weekend after a short and stunning offensive.

Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said Nifty traded sideways throughout the day as traders stayed on the sidelines. In the short term, the trend is likely to remain that way due to the absence of any major events this week, he opined. «Technically, Nifty has initial support around 24,470. A break below this level could trigger a correction of 200-250 points. On the higher end, the 24,700-24,750 zone is expected to act as a resistance,» De said.

Jean Lamontagne wasn’t going to leave work forever without saying goodbye.

Raising issues in upper house Senior DMK MP Tiruchi Siva on Monday raised in the Raja Sabha an issue related to his party MP Mohamed Abdulla. Siva said that when Abdulla went to the Central Hall, he was asked by the security whether he was an MP or not. Siva also informed that his personal secretary was warned that his ID card would be cancelled. Siva said that he forgot some paper and his PS only came to hand it over to him. He urged the Chairman to look into the issue. The Chairman assured that he would take note of the issues. All set to pad up As part of the initiatives to make India TB and drugs free, BJP MP Anurag Thakur is planning to organise a cricket match between members of Parliament on December 15. The teams are likely to be divided on the basis of the Rajya Sabha and Lok Sabha MPs. Thakur may also invite Lok Sabha’s LoP Rahul Gandhi for the upcoming fixture.

Social Security Fairness Act may finally going to be implemented, but things are still stuck at the Senate, and needs passing, that will help restore social security rights of public sector workers. The social security acts had taken a major backseat during the US Presidential election 2024, but now the last leg of the US administration under Joe Biden may now take the Social Security Fairness Act seriously, and public sector employees may finally heave a sigh of relief.

The Ministry of National Defence (MND) issued a statement confirming the manoeuvres, noting that the People's Liberation Army (PLA) had designated seven areas east of Zhejiang and Fujian provinces as temporary airspace reservations until Wednesday. These areas are typically designated for exclusive use during specific periods. In response to the PLA's activities, the MND initiated war-preparedness drills at strategic locations across the island and is closely coordinating with the Coast Guard Administration to implement appropriate countermeasures.

Simbhaoli Sugars Ltd.(up 1.11%), Shree Renuka Sugars Ltd.(up 0.89%), Dhampur Sugar Mills Ltd.(up 0.66%), Rajshree Sugars & Chemicals Ltd.(up 0.61%), Rana Sugars Ltd.(up 0.55%), Bajaj Hindusthan Sugar Ltd.(up 0.45%), Uttam Sugar Mills Ltd.(up 0.34%), DCM Shriram Industries Ltd.(up 0.22%), KM Sugar Mills Ltd.(up 0.12%) and Ponni Sugars(Erode)Ltd.(up 0.10%) stood among the top gainers.

Comprehensive Economic Cooperation Agreement (CECA), the government said Monday. The two sides discussed critical areas of the proposed agreement, including trade in goods, services, mobility, agri-tech cooperation, among others during a three-day stocktake meeting held from December 4-6. “The discussions also centred on market access modalities that align with India’s food security objectives,” the commerce and industry ministry department said in a statement.