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Porsche car crash case claiming these are influential persons and several key witnesses were afraid of them. Investigating officer (IO) Ganesh Ingale told court the accused, like fugitive businessmen Nirav Modi and Vijay Mallya, could flee the country if given bail. Two IT professionals were killed on May 19 when their motorcycle was hit by a Porsche, allegedly driven by an inebriated minor, in Kalyani Nagar in Pune. The six accused whose bail please are being heard are the minor's parents Vishal and Shivani Agarwal, Sassoon General Hospital's Dr Ajay Taware and Dr Shreehari Halnor as well as alleged middlemen Ashpak Makandar and Amar Gaikwad. Assistant Commissioner of Police Ingale said the conspiracy to replace the blood samples of the minor was hatched at Irani Cafe in Wadgaonsheri area and accused Dr Ajay Taware was contacted and given allurement. «Though Taware told other accused he would not come forward, the probe indicates Taware has a key role in the entire conspiracy,» he said, adding the conspiracy and crime took place in multiple places such as Irani Cafe, Sassoon General Hospital, Yerwada police station, the Juvenile Justice Board permises, Dr Halnor's residential campus.

independent directors and aspirants to headhunters to make it easier for companies to hire such key personnel to their boards, Ajay Bhushan Prasad Pandey, chairman of National Financial Reporting Authority (NFRA), the country's audit regulator, told ET. On August 2, Pandey huddled with top executives of 17 major executive search firms, including Korn Ferry, Egon Zehnder, ABC Consultants, Kestria, Pedersen & Partners, DHR Global, Boyden, Sheffield Haworth and KPMG. «We received a very enthusiastic response from them,» he said. «They were also asked to suggest ways to further bolster the data bank and its applicability.» Pandey also heads state-run Indian Institute of Corporate Affairs (IICA), with which all independent directors and those aspiring to take on such roles are mandated to register.

Bank of Nova Scotia has agreed to buy 14.9 per cent of Cleveland-based KeyCorp for about $3.9 billion as it looks to boost its focus on developed economies and strengthen its North American footprint.

Tata started the trend at the turn of the century by buying Tetley, the first leveraged buyout by an Indian conglomerate, for $407 million, emerging as the second largest tea company in the world. In 2007, Tata scooped up Corus in the largest overseas M&A by an Indian company at $12.11 billion, just before the global financial crisis. Much of Corus’ UK operations may have shrunk today but India’s most trusted conglomerate still has deep roots in the island nation, having acquired Jaguar Land Rover, British Salt and Brunner Mond, making Tata the single largest private sector employer in the country. Last year, the group announced a 4 billion pound greenfield giga factory for battery cells in the UK, which at the time was regarded as something of a coup by the first Indian-origin PM of Britain, Rishi Sunak. Not that this could stop his defeat in the July general election.

Stablecoins come in various formats. Many of the most popular stablecoins are backed by the United States dollar and offer a decentralized method of holding fiat currency. However, there are also stablecoins backed by other cryptocurrencies, algorithms, and even gold. Gold-backed stablecoins have seen quite an uptick, with prominent projects like Tether getting involved.

In 2024, many people attempt to socially devalue the concept of cryptocurrency. To many, cryptocurrency is little more than a fad whose time has come and gone. This derogatory view often stems from the supposed loftier ambitions and prognostications in the early 2020s about how cryptocurrency was destined to replace physical money via chain links. Clearly, that did not happen, yet cryptocurrency still lives on. Cryptocurrencies, such as Bitcoin and Solana, have been around much longer than many people realize and are still accepted by many businesses today.

Sex ratio in India is expected to improve to 952 women per 1000 men by 2036 from 943 in 2011, according to a report 'Women and Men in India 2023' released by the Ministry of Statistics and Programme Implementation on Monday. The report highlights that India's population in 2036 is expected to be more feminine compared to the 2011 population, as reflected in the sex ratio which is projected to increase from 943 in 2011 to 952 by 2036, highlighting a positive trend in gender equality. By 2036, the population of India is expected to reach 152.2 crore, with a slightly improved female percentage of 48.8 per cent compared to 48.5 per cent in 2011, the report stated. The proportion of individuals under 15 years is projected to decrease from 2011 to 2036, likely due to declining fertility, it stated.

Vodafone Idea’s net loss narrowed sequentially to Rs 6434.4 crore in the fiscal first quarter,from Rs 7675 crore, on the back of lower finance and depreciation & amortisation costs, even though it continued to be dragged by heavy customer losses and high debt. Operationally, the joint venture between UK’s Vodafone and India’s Aditya Birla Group, continued to battle with operational challenges. The telco’s average revenue per user (ARPU) — a key performance metric — remained flat sequentially at Rs 146, even though the full impact of the recent headline rate hikes will flow in only from the fiscal second quarter. But there was a marginal rise in 4G user base that boosted data usage sequentially.

Sanctuary Wealth has introduced a new educational initiative aimed at enhancing financial advisors’ understanding of alternative investments.

₹23.8 trillion, while that of State Bank of India (SBI) dipped 0.3% to stand at ₹49 trillion. “Most of the banks witnessed growth moderation along with some uptick in credit cost in Q1," Christy Mathai, fund manager—equity, Quantum AMC (Asset Management Company), told Mint. “Deposit mobilization remains the key focus for the banks and incrementally, the cost of deposits has moved higher than yield increases, impacting the net interest margins (NIMs).

Narendra Modi government over the Hindenburg Research's allegations against SEBI chairperson Madhabi Buch, the Congress on Monday threatened to launch a nationwide protest if its demand for a JPC (Joint Parliamentary Committee) probe into the matter is not accepted. AICC general secretary (Organisation), K C Venugopal, described the allegations as «very serious» and accused the Prime Minister of supporting Adani on the matter. «The Prime Minister's silence on the matter amounts to a destruction of credibility,» Venugopal told reporters at the airport here.

For years, Canadian policymakers have been sleepwalking past a growing housing affordability crisis. Now, with homes seeming impossibly out of reach to so many and voter discontent on this issue poised to roil upcoming elections, they have been jolted awake and are looking for solutions. Any action on this issue is welcome, but the biggest fix of all has yet to be raised: giving households the buying power to keep up with rising home prices today and tomorrow by boosting Canadian productivity.

Stay tuned for Live Updates. Vinesh Phogat CAS Hearing Verdict Live: Rajya Sabha member Priyanka Chaturvedi from Maharashtra has condemned the Indian Olympic Association (IOA) for its handling of Vinesh Phogat's disqualification on Monday.She took to X and wrote, "Wow.

Family Feud, a popular game show when I was growing up, would ask contestants to guess how a group of people had answered a specific question. It served as a regular reminder of the importance of supplementing one’s thinking with external perspectives. If, in the tradition of Family Feud, we were to poll market participants about the turmoil we’ve seen since the worse-than-expected US jobs report, I suspect we would get quite specific responses on what is causing the global stock selloff as well as what would be the best circuit breaker to avoid further big losses.

Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?’”

Aniruddha Sarkar, Chief Investment Officer & Portfolio Manager, Quest Investment Advisors, points out that valuations have become very rich across the board in the market. So, it has become very important not to get into companies where there is big froth. Look for companies with a mismatch of valuation and the underlying value. Within that, the easy part of the money has been made. In the last 24 to 36 months. all of us have made money in the market, some have made more, some have made less but the easy money has gone. Sarkar says that while he is keeping 4-5% cash, investors can keep more than 8% to 10% cash because he does not see any major correction in the market. You have been in the quest of outperformance or alpha. How have the last few months been for you – challenging or okay? You have navigated comfortably because the clamour for a massive correction is getting louder, but have you raised your cash levels? How are you approaching this? Aniruddha Sarkar: The last couple of months have not been very easy for all of us in the market and typically, what happens is when the markets are volatile, that is when the real test of a portfolio happens. Thankfully in the last couple of months, amid elections, budget, whatever is happening in Bangladesh, what is happening in the rest of the world, in the Middle East, our portfolios have done well and that is because we have been trying to focus on very few sectors, looking at companies within those sectors where earnings are supporting the valuations.

Let us focus in detail on the Math section, a crucial component of the SAT exam. It is understandable to feel overwhelmed about any test, but with some guidance and practice, students can master it and boost their overall scores. Performing well in the Math section can significantly increase the chances of admission to their preferred institution and boost their confidence in their abilities.

shipping industry worldwide. As per BIMCO’s Manpower study, which is published every 5 years (the last being published in 2021) India ranked as the 5th largest manpower supplier in Shipping globally. In 2021 together with Philippines, Russian Federation, Indonesia, China & India supplied bulk of the global workforce in shipping. These 5 countries collectively accounted for 44% of global supply of seafarers. India accounted for 2,50,071 active seafarers of which 1,51,840 were Ratings & 98,231 were officers. Chinese seafarers catermainly to their own national flag and / or coastal ships. The reason for Chinese being limited to their national industry is obviously due to their language barrier.

Adani Green Energy’s (AGEL) RE capacity would see >30% CAGR during FY24-30, domestic brokerage firm Emkay Global initiated coverage on the stock with a buy rating and a target price of Rs 2,550. “AGEL’s RE capacity would see >30% CAGR during FY24-30E, while the improving CUF would drive a power sales CAGR of ~35%. Rising share of merchant-C&I volumes (20% by FY30) should support realizations, leading to ~35% consol. gross revenue CAGR, while concentrated development—mostly in the high-yield Khavda asset—should further optimize capex-opex efficiency, boosting its cost leadership and industry-leading metrics (EBITDAM, asset turnover) and helping it secure more PPAs competitively,” said Emkay Global in its report.

Collective intelligence is becoming a catchphrase meant to capture the essence of the knowledge economy, where multitudes of people collaborate on difficult challenges, with each bringing something different to the table. The result is continuous experimentation and innovation, leading to great discoveries. And with the proliferation of artificial intelligence, the participants in this process may not even be human.

Hardik Pandya and his now estranged wife Natasa Stankovic announced their separation, netizens have been curious as to what made one of the most popular couples in cricket call it quits. Both Natasa and Hardik have so far remained mum on the subject. However, Natasa, who has been sharing some rather cryptic posts long before, made their decision to separate public. One such post has made eagle-eyed netizens wonder if their marriage had some sinister undertones. Natasa was noticed liking posts related to cheating and emotional abuse, as well as a few posts about toxic relationships. This has sparked speculation about the potential cause of their breakup.