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Ajit Doval and French armed forces minister Sebastien Lecornu held wide-ranging talks in Paris and focused on enhancing defence ties, including a deal for Rafale Marines and submarines. Sources told ET that Doval and his French interlocutors discussed advancing defence industry partnership, with focus on Make in India besides civil nuclear ties. «On his visit to France, India's National Security Adviser, Shri Ajit Doval, engaged in extensive discussions with French armed forces minister, Mr Sebastien Lecornu,» the Indian embassy in France said in a post on X on Tuesday.

At the class and first general meetings held on Monday (30 September), shareholders representing 99.2% of voting rights approved the merger, with just 0.7% of votes cast against the resolution. The combination is set to take place by means of a scheme of reconstruction and winding up of WTAN to create the Alliance Witan trust.  Witan shareholders given discounted cash offer if Alliance Trust merger passes Additionally, shareholders also approved the reclassification of Witan's shares as A and B shares with corresponding rights, as well as the scheme of reconstruction itself and its...

Subscribe to enjoy similar stories. As the festival season approaches, Indian passenger vehicle makers (PV) are cautiously optimistic despite a backdrop of declining wholesale dispatches, as well as lower retail sales in September on account of an inauspicious Shraadh period taking up the second half of the month. While passenger vehicle registrations declined 5% in September on a year-on-year basis, wholesales too moderated to account for swelling inventories at dealerships.

Equinix Inc. formed a joint venture with Canada Pension Plan Investment Board and Singapore’s GIC Pte to develop new data centres.

Australia’s government says a code of conduct will be enforced on the online dating industry to better protect Australian users after research found that three-in-four people suffer some form of sexual violence through the platforms

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In today’s article, we shall discuss the best deals offered by Amazon for daily needs. From supplements, home essentials, and personal care to baby care and pet food, there is something for everyone. You can use the below-mentioned shopping guide to avail best deals on top-rated products.

Variable Dearness Allowance (VDA), resulting in a substantial increase in minimum wage rates for workers in the unorganised sector. The increased wage rate will be effective from October 1, 2024. Who will benefit from this move? How much will your minimum wage increase? Read on to find out.

Flockerz ($FLOCK) is a one-of-a-kind meme coin from the get-go. In no time at all, the project launched this month and rapidly raised over $300,000.

A proposal to phase out large-scale confined animal farms will be put before voters in a Northern California county

Jeep is recalling more than 194,000 plug-in hybrid SUVs worldwide because they can catch fire with the ignition turned off

Pune losing her life to work stress and burnout has once again raised concerns about India’s workplace culture. In the current employment landscape, where the hustle culture or “always available” attitude is promoted, employees are receiving the impression that the only way to succeed is to sacrifice their personal lives and disrupt their work-life balance. However, engaging in such a practice for a long period can lead to devastating consequences. While many organisations continue to claim that they have supportive policies for employees in place, it’s important to know what is the ground reality and what can be done to completely eliminate the possibility of such episodes.

Subscribe to enjoy similar stories. When the Supreme Court of India intervened in 1998 to address the growing problem of vehicular air pollution in Delhi—which subsequently expanded to other cities—by ensuring access to CNG as a fuel, it provided much needed relief to urban India.

Subscribe to enjoy similar stories. NEW DELHI : The Indian box office now belongs to large-scale spectacles like Baahubali, Pathaan and Kalki 2898 AD—films that go on to set new theatrical milestones. However, despite setting the box office on fire, they tend to remain low on profitability.

consumption growth, which is another core pillar in the last three-four quarters, I think, we do not see any legs for us to surprise positively as we move ahead, especially when it comes to urban consumption demand drivers are concerned," says Vijayaraghavan Swaminathan, Avendus Spark Institutional Equities. I was quite taken by your note, which actually starts off with the quote saying, I cannot change the direction of the wind, but I can adjust my sails to always reach my destination. We all know the kind of times that we are sitting in, both in terms of the global uncertainties with the changing interest rate regime that you are having, both in the Far East as well as the Far West and, of course, political uncertainties and geopolitical tensions other than that. But when we talk about India, it is really all about valuations, that is the sort of screaming amber light if I can say so. What is it you are making of the market construct right now, especially here in India? Vijayaraghavan Swaminathan: So just to give you the context, from a demand perspective, last three-four quarters, we have been excessively cautious, especially on the consumption factors. This is largely coming from the fact that household balance sheets today, we do not draw enough confidence because of excess leverage, which households are sitting on.

Former U.S. Commerce Secretary Wilbur Ross reacts to shippers making their counter offer to ILA on The Claman Countdown.

Subscribe to enjoy similar stories. As global dynamics shift, does foreign direct investment (FDI) need extra supervision? As reported, India’s government is exploring the idea of an FDI regulatory mechanism for post-inflow review and monitoring. The plan is at a discussion level, so it is too early to tell the shape it will eventually take, should it go ahead, or the details of any rules under consideration.

Pawan Parakh, Fund Manager, Geojit Financial Services, says the earning season, which is about to begin in the next 7-10 days, will see a lot of consumer companies giving out better outlook for Q3 and Q4 and that will set the tone for this sector. Apart from the consumer sector, another sector that investors should look into is sectors wherein there is very high earnings visibility. Power and capital goods is one such sector. Apart from that, he also finds pharma and real estate very interesting. Is anything looking interesting in the market, both in terms of values and earnings visibility, that you would recommend buying should the market fall further? Pawan Parakh: It is a tricky market, but honestly speaking, I am in the camp that believes that it is good to see some correction after all. Honestly, we are in the midst of a rally wherein clearly we can see some transition happening. So, in the last one or two months, we see that the rally is moving more from BFSI or auto names into consumer and consumer discretionary related sectors and we think this trend is here to continue as we just enter the festive season.

Subscribe to enjoy similar stories. Given India’s troubles with the current account in its not-so-distant history, it’s comforting that it is now well in control. Going by data released by the Reserve Bank of India (RBI), the deficit on this account stood at 1.1% of gross domestic product (GDP) in the three months ended in June.

Subscribe to enjoy similar stories. New Delhi: The government’s renewed focus on setting up thermal power projects in the country and a surge in demand for coal-fuelled power generation have revived the fortunes of BHEL Ltd, India’s largest power equipment manufacturer, two people familiar with the matter said.

Subscribe to enjoy similar stories. Mumbai: The financial woes of the Shapoorji Pallonji group seem to be worsening with CARE Ratings further downgrading the credit rating of its group company Goswami Infratech Pvt Ltd in a span of 4 months. Rating on these non-convertible debentures (NCDs), issued last year, has been downgraded to Care BB- with negative outlook from Care BB, the rating agency said on 28 September.