Stage Financial News
01.09 / 10:55
01.09 / 10:25
Career
CEO
stage
Indian
Meet Jaya Verma Sinha: The 1st woman head in 166 years history of Indian Railways
Railway Board succeeding Anil Kumar Lahoti. Her appointment signifies a pivotal juncture in the 166-year history of the Indian Railways, as Jaya Verma Sinha takes on the mantle of CEO, becoming the first woman to hold this esteemed position. Earlier on 31 August, in a historic move, the Appointments Committee of the Cabinet (ACC) granted approval for the appointment of Jaya Verma Sinha, a seasoned member of the Indian Railway Management Services (IRMS), as the new Chairman and Chief Executive Officer (CEO) of the Railway Board.
01.09 / 09:31
Citi
Cooper
Platform
Enterprise
stage
country
boost
Realty Alert: G20 Summit to boost India’s real estate development
The G20 Summit, a global forum for international economic cooperation, has emerged as a platform that brings world leaders together and significantly influences the host country’s economic landscape. As New Delhi takes centre stage to host this prestigious event, its impact reverberates far beyond diplomatic discussions.
01.09 / 05:41
UPS
film
Actor
stage
audience
social
Shah Rukh Khan lights up Burj Khalifa for special screening of 'Jawan' trailer, dedicates film's iconic dialogue to parents
Jawan' frenzy is at an all-time high as its trailer dropped on Thursday, leaving fans in awe. And building upon the anticipation, Bollywood superstar Shah Rukh Khan, graced the Burj Khalifa, the world's tallest building, for a special screening of his upcoming film's trailer. Dressed casually yet stylishly in a black T-shirt, matching denims, a red jacket, and sunglasses, Khan engaged with the enthusiastic crowd, bringing his signature charm and charisma to the event. He also said some of the most popular lines from his upcoming film. Taking the stage, the 57-year-year old actor delivered a heartfelt message to parents, «To all the parents here, bete ko haath lagane se pahle baap se baat kar (Before touching the son, talk to the father).» This line resonated deeply with the audience and added a personal touch to the event. Khan's charismatic presence set the stage for the evening.
01.09 / 04:47
01.09 / 04:07
Cooper
Strategy
Align
Pride
stage
audience
Joe Biden hopes Xi Jinping attends G20 Summit in India
Joe Biden on Thursday hoped that his Chinese counterpart Xi Jinping would attend the G20 Summit in New Delhi. Biden, along with more than two dozen world leaders, is scheduled to attend the G20 Summit in New Delhi next week that is being hosted by Prime Minister Narendra Modi. Recent media reports said that Russian President Vladimir Putin and Chinese President Xi Jinping are not likely to attend the summit. «The answer is I hope he attends the G20 Summit,» Biden told reporters Thursday when asked if he is expecting President Xi to attend the meet. Meanwhile, Farwa Aamer, Director of South Asia Initiatives at the Asia Society Policy Institute (ASPI), said that President Xi's skipping of the G20 Summit in India could be seen as evidence that China at this point of time is reluctant to cede the centre stage to India. «Perhaps the most significant development so far, which some may say was expected, has been President Xi's decision to skip the upcoming G20 Summit hosted by India.
01.09 / 03:23
Citi
Provident
Airlines
performer
stage
country
International
Marriott International anticipating top line revenues exceeding $ 1 billion in India this year
In an exclusive interview with ET, Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International said the chain has seen a RevPar (revenue per available room) growth of 35% in India in the first six months of this year compared to 2019. He said the country is a ‘decades long’ growth story.The major hospitality players have seen both demand and margins grow. That doesn’t happen often. Right now, all around the world including India, people are willing to pay more for travel experiences.
01.09 / 02:57
MET
Strategy
NIFTY
SENSEX
stage
Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on September 1
Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,389 level as compared to the Nifty futures’ previous close of 19,428.30. On Thursday, the market failed to sustain intraday gains and ended lower amid the monthly derivatives expiry.
31.08 / 19:57
COST
UPS
Provident
Manufacturing
CEO
Tesla
stage
Solar
Driving the nation’s great solar panel manufacturing comeback
Australian solar innovator SunDrive is determined to build Australia into a solar power manufacturing powerhouse with the help of heavyweight investors in its corner.
31.08 / 19:33
UPS
Citi
Target
Manufacturing
stage
country
Torrent in top gear to close out Cipla buyout, in talks with PEs, banks for funds
Torrent Pharma is cranking up its efforts to put together financing to buy out the promoter family of Cipla, said several people with knowledge of the matter, emerging as a key contender to conclude the largest pharma sector acquisition in the country till date. This includes a likely Rs 8,300 crore ($1 billion) equity infusion from one or more private equity players, they said. Ahmedabad-based Torrent has reached out to several PE funds, including Advent International, Bain Capital, Warburg Pincus and CVC Capital, for a minority stake in a consortium. In addition, it is in talks with domestic shadow banks and mutual funds for Rs 9,000-10,000 crore ($1.1 billion) in share-backed promoter financing. Torrent’s founders, the Sudhir and Samir Mehta family, own 71.25% as promoters. That’s amongst the highest promoter ownership in Indian pharma and they are seeking to use that headroom to dilute equity to raise leverage. They are also in separate discussions with foreign banks — Standard Chartered, JP Morgan, MUFG, Citi and Barclays among others — to raise as much Rs 32,000-35,000 crore (up to $4.23 billion) against the cashflows of the target as acquisition financing. The lenders are expected to revert with funding commitment letters at the earliest, said the sources mentioned above. JP Morgan is also advising Torrent Pharma. Bain, Advent, Warburg and CVC declined to comment.
31.08 / 19:33
COST
Provident
Strategy
performer
stage
electronic
How battery revival technology can improve energy storage
energy storage technologies has taken on a relevance that has never been witnessed in the ever-changing environment of renewable energy adoption. Energy storage systems' durability and dependability, a crucial aspect that depends on batteries' toughness, are at the core of the matter.
31.08 / 18:19
Citi
Digital
Strategy
Pool
stage
Alternative investment funds and innovative opportunities for investors
₹1 crore minimum investment requirement is an entry hurdle, attracting only sophisticated investors looking for a bespoke investment strategy. Over the previous seven years, the AIF category in India has increased tenfold, with assets under administration totalling ₹7 trillion, according to the Indian Association of Alternative Investment Funds (IAAIF). These investments often have a 10-year time horizon, necessitating financial advisors’ continuous engagement with investors to manage expectations.
31.08 / 18:15
Action
Remark
Dreams
Adventure
show
stage
audience
One Piece Season 2: Is the live-action adaptation renewed for another season on Netflix? Here’s everything we know
One Piece on Netflix has created considerable excitement among fans. However, while viewers eagerly await news about the future adventures of the Straw Hat Pirates, patience is key. Netflix has yet to officially confirm the renewal of One Piece, and it might be several weeks before any further updates surface. In the meantime, here's everything we know about One Piece season 2 on Netflix. One Piece stands as one of the most globally renowned media franchises, having held a prominent position in the world of manga and anime for over two decades.
31.08 / 15:57
FIVE
Merit
stage
Fine
Bilkis Bano case: Supreme Court questions convict for depositing fine when matter is under consideration
Supreme Court on Thursday questioned one of the convicts in the Bilkis Bano gangrape case and the murder of seven of her family members during the 2002 Gujarat riots for depositing the fine imposed on him when the hearing on the pleas challenging his remission was underway before it. Senior advocate Sidharth Luthra, appearing for convict Ramesh Rupabhai Chandana, told a bench of justices BV Nagarathna and Ujjal Bhuyan that convicts have approached the trial court in Mumbai and have deposited the fine imposed upon them. «Does non deposit of fine has a bearing on the remission? Did you apprehend that non deposit of fine would have a impact on the merits of the case. First you ask for permission and now without permission you have deposited,» the bench said. Responding to the court's query, Luthra said non-deposition of fine does not affect the decision on remission but he had advised his clients to deposit the fine to «reduce the controversy». «According to me, this has no legal consequence. But since the argument was raised...To reduce the controversy, we have deposited now,» he said. The submission assumes significance as one of the PIL petitioners, challenging the remission granted to convicts, has argued that their premature release is illegal as they have not served their sentence in entirety.
31.08 / 12:29
31.08 / 08:45
COST
Provident
CEO
performer
stage
Adamantem’s Koczkar says private equity investing should be easier
Adamantem Capital chief executive Rob Koczkar has asked the Albanese government to lower barriers to entry for investment into private equity, and wants to see a simpler process for business owners exploring merger and acquisition options.
31.08 / 08:11
Blockchain
Provident
Waves
BLOCK
stage
As Shibarium Hits 50k Wallets, BONE Rallies Post-Relaunch & QUBE on the Rise
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
31.08 / 08:05
UPS
Provident
MET
CEO
stage
track
Clearing competition for ASX needs a proactive RBA, ASIC: FinClear
The Reserve Bank and corporate regulator should be more proactive about promoting competition in sharemarket post-trade services after the ASX’s CHESS replacement debacle, a parliamentary committee has been told.
31.08 / 06:45
Lowe's
Racing
Immunic
Bitcoin
stage
star
Ditching PEPE & NEO: Why Everyone's Racing to Embrace VC Spectra
VC Spectra (SPCT), a rising star that's stealing the spotlight from once-favored tokens like Pepe (PEPE) and Neo (NEO). While Pepe (PEPE) and Neo (NEO) battle the ongoing market crash, VC Spectra (SPCT) reports a 212.5% ROI for investors. As the crypto landscape continues to evolve, the question on everyone's mind is: Why are investors racing to embrace VC Spectra (SPCT), and what sets it apart from Pepe (PEPE) and Neo (NEO)? >>BUY SPCT TOKENS NOW<< On July 27, 2023, the Financial Conduct Authority (FCA) implemented fresh regulations aimed at meme coins, prohibiting their promotion to everyday investors.
31.08 / 06:45
Blockchain
Progressive
Tether
Platform
Bitcoin
stage
When Will Polygon Recover? Polygon (MATIC) vs Bitcoin Cash (BCH) vs VC Spectra (SPCT)
August 2023 crypto market crash despite its progress in web3 gaming. Similarly, Bitcoin Cash (BCH) fell after a major stablecoin delisted its Simple Ledger Protocol. Analysts say the best crypto investment in Q3 2023 is VC Spectra (SPCT).
31.08 / 05:53
COST
Provident
Digital
Manufacturing
Align
stage
How AI Will Impact the FMCG Sector. Everything You Need to Know...
Indian Fast Moving Consumer Goods (FMCG) sector is on the cusp of a technological transformation, where Artificial Intelligence (AI) emerges as the guiding force reshaping every aspect of its landscape. From the shelves that hold your morning cereal to the ads that catch your eye online, AI is revolutionizing how FMCG operates, adapts, and thrives in a dynamic market. While the use of AI is still in early stages in the Indian FMCG industry, it is only a matter of time, before it is used extensively.
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