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26.06 / 12:53
26.06 / 12:53
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Micron
Department
DRDO hands over to Navy niche technology that obscures radar signals
DRDO on Wednesday handed over to the Indian Navy a niche technology that obscures radar signals and creates a microwave shield around platforms and assets, thus reducing radar detection, the defence ministry said. The Defence Research and Development Organisation (DRDO) handed over the Medium Range-Microwave Obscurant Chaff Rocket (MR-MOCR) to the Navy at a ceremony here. «Microwave Obscurant Chaff (MOC), a niche technology developed by DRDO's Defence Laboratory, Jodhpur, obscures radar signals and creates a microwave shield around platforms and assets, thus reducing radar detection,» the ministry said in a statement. A special type of fibres with a diameter of a few microns and unique microwave obscuration properties have been assembled in the medium-range chaff rocket. When fired, the rocket forms microwave obscurant clouds in space spreading over a sufficient area with adequate persistence time, thus creating an effective shield against threats having radio frequency seekers, it said.
26.06 / 12:53
WhatsApp
Justice
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prevention
Courts
Investigations
Judge was in hurry, didn't give prosecutor opportunity to oppose Kejriwal's bail: ED to SC
ED on Wednesday told the Supreme Court that the trial court judge was in a «hurry» and did not afford a reasonable opportunity to the prosecutor to oppose Delhi Chief Minister Arvind Kejriwal's bail in a money laundering case linked to the alleged excise scam. The federal probe agency said the June 20 order of the trial court granting regular bail to Kejriwal was «perverse» for non-compliance of prerequisite mandatory conditions under section 45 of the Prevention of Money Laundering Act (PMLA). A vacation bench of Justice Manoj Misra and Justice SVN Bhatti took on record the Enforcement Directorate's reply affidavit filed in Kejriwal's plea challenging the interim stay granted by the Delhi High Court on June 21. The bench also allowed Kejriwal to withdraw his plea after senior advocate Abhishek Singhvi, appearing for him, said he would file a substantial appeal as the high court has pronounced the final order on June 25, staying the bail order.
26.06 / 12:53
markets
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information
reports
Oil edges higher on inventory drawdown outlook, Middle East risks
inventory drawdown during the third quarter peak summer demand season and geopolitical risks from the Middle East conflict. The American Petroleum Institute (API) on Tuesday reported U.S. crude oil stocks rose by 914,000 barrels, market sources said. Still, analysts expect them to decline by nearly 3 million barrels in official inventory data due on Wednesday.
26.06 / 09:45
Landmark
Election
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country
information
politician
It's official: Indian politics now means Modi versus Rahul
Narendra Modi and Congress leader Rahul Gandhi made a polite handshake following the election of NDA's candidate Om Birla as the Lok Sabha speaker. The two leaders accompanied Birla to the Speaker's chair. That's because Rahul Gandhi now holds a constitutional position which is opposite to PM Modi's. While PM Modi has been elected the leader of the house in the Lok Sabha, Rahul has become the leader of the opposition. Though Rahul has been seen as the main opponent of PM Modi for long, he was never acknowledged formally as the topmost leader of the opposition. The INDIA bloc of opposition parties led by the Congress did not choose its prime-ministerial candidate ostensibly due to the presence in the opposition bloc of more senior leaders than Rahul such as Sharad Pawar and Mamata Banerjee. But now, since the Congress has emerged as the biggest opposition party by winning 99 seats, a big improvement over its 2019 tally of 52, the opposition has to accept Rahul as its tallest leader.
26.06 / 09:45
COST
security
WhatsApp
country
travelers
Indians spent over €12 million in rejected Schengen visa applications last year
visa applications in 2023. Out of the 151,752 visa requests filed by Indian nationals, a substantial number were denied. This led to an estimated loss of €12.1 million in visa application fees for Indian applicants, highlighting the financial burden on those attempting to travel to Schengen countries. In 2023, Schengen states rejected a total of 1.6 million visa applications, resulting in €130 million in generated funds, according to SchengenNews. Among the affected nationalities, Indian applicants faced significant financial losses due to high visa rejection rates. Other nationalities facing high rejection rates included Turks, Algerians, Moroccans, and Chinese. Turkish nationals experienced the highest monetary loss, with €13.5 million spent on rejected visa applications. Algerians followed closely, losing €13.3 million, while Moroccans lost €10.9 million, and Chinese applicants faced losses of €4.8 million despite having one of the highest approval rates.
26.06 / 09:45
Provident
WhatsApp
country
tenor
SBI raises Rs 10,000 cr via bonds to fund infra projects
State Bank of India (SBI) on Wednesday raised Rs 10,000 crore through its fifth infrastructure bond issuance. The country's largest lender raised the funds at a coupon rate of 7.36 per cent. The issue attracted overwhelming response from investors with bids in excess of Rs 19,884 crore and was oversubscribed by around four times against the base issue size of Rs 5,000 crore, SBI said in a regulatory filing.
26.06 / 07:45
UPS
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Share price of Marico jumps as Sensex gains 422.68 points
Marico Ltd. gained 0.51 per cent to Rs 618.25 at 01:03PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 619.75 and low of Rs 609.2 so far during the session. The stock had closed at Rs 615.1 in the previous session. The counter has had a total traded volume of 30818 shares so far with a value of Rs 1.89 crore on the NSE. It traded at a price-to-earnings multiple of 53.95 and a price-to-book ratio of 16.73.
26.06 / 07:45
markets
UPS
Target
Platform
WhatsApp
Features
KwikChat to power over 5000 eCommerce brands globally, aims four-fold revenues increase
KwikChat, a whatsapp commerce solution by eCommerce enabler GoKwik, said it aims to increase its revenue fourfold and powering over 5000 brands and 3 billion conversations in the next six months. GoKwik launched KwikChat in June last year following the acquisition of the WhatsApp commerce platform Tellephant. The solution enables brands to engage with target shoppers, ensuring higher ROI on marketing campaigns, better-abandoned checkout recoveries and greater repeat purchases. “This past year has been transformative for KwikChat. We acquired Tellephant with a strategic vision of bridging the gap from conversations to conversions for eCommerce brands. This has shown immense value and we’ve now geared up to take it to the next level. As not just acquiring but consistently engaging and retaining shoppers grows in importance, KwikChat is heading towards becoming the go-to engagement platform across all channels. With our DNA committed to solving everything eCommerce, we are excited about the vision we have for the next phase of KwikChat’s growth“ said Chirag Taneja, co-founder and CEO of GoKwik
26.06 / 07:45
WhatsApp
President
recommendations
Courts
Videos
Was bound to happen: Delhi BJP after CBI arrests Kejriwal
Delhi BJP on Wednesday said Chief Minister Arvind Kejriwal was bound to be arrested by the CBI in the excise policy case as the agency had presented incriminating documents against him in court. The documents presented before the court in the excise policy «scam» established that Kejriwal was the «mastermind» behind it. The excise policy was formulated under his supervision and a «big scam» was committed, Delhi BJP president Virendra Sachdeva told PTI Videos. There was no immediate reaction from Kejriwal's Aam Aadmi Party (AAP) on his arrest by the CBI or the BJP's claims. Earlier in the day, a Delhi court allowed the CBI to formally arrest Kejriwal in the alleged excise scam.
26.06 / 07:45
Airlines
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social
information
reports
travelers
British Airways IT failure sparks chaos at London's Heathrow Airport
Heathrow Airport plunged into chaos Tuesday night due to an IT allocation failure in British Airways' systems, stranding passengers on planes and causing significant delays in luggage collection. The disruption led to hours-long delays for travelers attempting to retrieve their baggage. According to a Daily Mail report, the failure affected numerous flights, leaving passengers stuck on aircraft for extended periods. Many travelers were unable to disembark or collect their luggage, resulting in widespread frustration and anxiety about their onward journeys. This incident underscores the vulnerability of modern air travel infrastructure to technological failures. British Airways is working to resolve the issues and assist affected passengers, but the delays have drawn significant criticism from travelers who described the scene at Heathrow as chaotic and disorganized.
26.06 / 07:45
26.06 / 07:03
26.06 / 07:03
markets
UPS
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wellness
trends
Trade
Shares of Lupin rise as Nifty gains
Lupin Ltd. gained 1.85 per cent to Rs 1586.8 in Wednesday's trade as of 12:27PM (IST). It hit a high of Rs 1586.8 and low of Rs 1545.0 during the session. The stock quoted a 52-week high price of Rs 1727.9 and a low of Rs 852.65. The return on equity for the stock stood at 13.39 per cent. About 6,774 shares have changed hands on the counter so far.
26.06 / 07:03
IPO
Parke
WhatsApp
Courts
peace
Bandhan Employees' Welfare Trust to seek legal help against agitating members
Bandhan Employees' Welfare Trust, which is in the midst of a storm following agitations by a section of its members against Bandhan group founder Chandra Shehar Ghosh for alleged irregularities in running the trust, has termed the agitation «baseless and motivated, with an ulterior motive» and is planning to seek legal intervention on the matter. Chairman of the Trust said tha Ghosh ceased to be a part of it following the formation of Bandhan Bank in 2015. «Neither Bandhan Bank nor Mr Ghosh has any interest whatsoever in BEWT. It’s an employee welfare trust managed by the employees themselves. None of the promoter or promoter group entities have any interests or say in the functioning of the trust,» BEWT chairman Ronendra Chowdhury said.
26.06 / 06:55
markets
UPS
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wellness
trends
Trade
Shares of PI Industries fall as Nifty gains
PI Industries Ltd. slipped 0.27 per cent to Rs 3774.6 in Wednesday's trade as of 12:12PM (IST). It hit a high of Rs 3793.1 and low of Rs 3755.1 during the session. The stock quoted a 52-week high price of Rs 4032.0 and a low of Rs 3060.0. The return on equity for the stock stood at 19.25 per cent. About 2,749 shares have changed hands on the counter so far.
26.06 / 06:55
security
WhatsApp
information
Security forces on high alert after two armed men spotted in Punjab's Pathankot
Security forces were put on high alert after a villager claimed to have spotted two suspicious armed men in Punjab's Pathankot, officials said on Wednesday. The Punjab Police, along with the Army and the Border Security Force (BSF), launched a massive search operation in Pathankot, a senior Punjab Police officer said. The search operation was being carried out in the Bamial area, the officer said. «We are on alert,» Deputy Inspector General (Border Range, Amritsar), Rakesh Kaushal, told PTI.
26.06 / 06:29
26.06 / 05:37
26.06 / 04:13
markets
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reports
Buy Avalon Technologies, target price Rs 700: Prabhudas Lilladher
Avalon Technologies with a target price of Rs 700. The current market price of Avalon Technologies Ltd. is Rs 557.55. Avalon Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 3650.67 Crore) operating in General sector.
26.06 / 02:31
markets
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NVIDIA
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performer
Nvidia short sellers make $5 billion from three-day selloff, data shows
Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer's sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies. The stock has slumped 13% and lost $430 billion in market capitalization since June 18, when it briefly became the world's most valuable company following a meteoric rise.
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