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NEW DELHI : India’s plans to invest in a massive Rosneft project in Vostok have stalled as American consultants who conduct third-party studies and due diligence stay off the sanctions-hit Russian Federation, two officials aware of the development said. In November 2021, Mint reported about a consortium of state-run firms—ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd (IOCL) and Oil India Ltd (OIL)—completing the technical evaluation of 30 out of 52 licence areas of the Vostok project.

₹3,200 crore through an equity fundraise led by existing investor Temasek and project debt from State Bank of India (SBI) to build a cell manufacturing factory and expand its electric two-wheeler business. Ola Electric has introduced new products in its electric scooter line-up, with the latest S1X starting from ₹89,999 ex-showroom for the 2kWh battery variant. Mint was the first to report on 6 September that Ola Electric Mobility has signed an agreement to raise $140 million from existing investors including Temasek Holdings, at a valuation of $5.4 billion, lower than the $7-8 billion that Ola was seeking.

₹7,702.53 crore on Thursday; local institutions stepped in with purchases worth ₹6,658.45 crore, enabling the broader markets to recover from their intraday lows. With the indices falling below key levels, the investment strategy has shifted from ‘buy on dips’ to ‘sell on rise’, a market expert said. The decline in benchmark indices was led by heavyweight HDFC Bank, which neared its 52-week low.

—Name withheld on request

Meta Platforms beat expectations for third-quarter profit and revenue on Wednesday, helped by its ongoing austerity drive and a recovery in digital advertising spending ahead of the holiday season.

our people were not agreeing. Because the question was not how many seats, the question was which seats. We were not able to convince our people on the seats they wanted," he added.

PNB Q2 Results: Punjab National Bank (PNB) announced its July-September quarter results for fiscal 2023-24 (Q2FY24) on Thursday, October 26, beating D-Street estimates with a multifold growth of 327 per cent in net profit to ₹1,756 crore, compared to ₹411.3 crore in the corresponding period last year. The state-run lender's net-interest income (NIIs) – the difference between interest earned and interest expended- in the second quarter of current fiscal rose 20 per cent to ₹9,923 crore, compared to ₹8,270.7 crore in the year-ago period. The bank's asset quality for the quarter ended September 2023 improved on a sequential basis.

₹340.05 crore for the second quarter ended on September 30. Its sales rose 6.09% at ₹1,462.38 crore during the September quarter. "Exciting news! Mint is now on WhatsApp Channels

V-POS, a revolutionary Point of Sale (POS) software set to reshape the retail landscape. Designed with a user-centric approach, V-POS empowers businesses of all types - from single-store retailers to multi-store conglomerates, mini-marts to supermarkets, regardless of whether they have existing software in place or not. One of V-POS's standout features is its Express Billing.

Cynergy BPO, an advisory firm renowned for its deep insights and vast experience. John Maczynski, CEO of Cynergy BPO, reflects on this evolution, “India's prowess in blending technology with operational excellence is unparalleled. When you marry this capability with the demands of global insurers, you have a potent combination that delivers on all fronts: efficiency, CX, and cost." Indeed, the adoption of cutting-edge technologies like Artificial Intelligence, Blockchain, and Advanced Analytics is revolutionising claims processing outsourcing to India.

₹78 to ₹82. Investors can bid for a minimum of 1600 shares and in multiples thereof.

GTA 6 might offer opportunities for earning money through white-collar crime. Leaked gameplay videos indicate that the game will feature purchasable properties and businesses that could potentially be used for money laundering.

Antonio Guterres Wednesday rejected Israel’s accusations that, in a statement to the Security Council, he had justified attacks by the Palestinian militant group Hamas on Israel, ANI reported "I am shocked by misrepresentations by some of my statement yesterday in the Security Council -- as if I was justifying acts of terror by Hamas" The Times of Israel reported quoting the US chief. Guterres on Tuesday, without naming Israel, had denounced "the clear violations of international humanitarian law" in Gaza and pleaded for civilians to be protected in the conflict between Israel and Hamas.

Asian Para Games 2023: Indian para-athletes created history on Thursday as they surpassed previous records to win 80 medals, including 18 gold medals at the Hangzhou Asian Para Games 2023. Earlier, India's best performance was witnessed during the 2018 edition of the Asian Para Games in Indonesia, where Indian para-athletes won 72 medals. With two more days remaining in the conclusion of the Asian Para Games 2023, it is highly likely that India might achieve the benchmark of 100 medals.

Canara Bank Q2 Results: Canara Bank announced its July-September quarter results for fiscal 2023-24 (Q2FY24) on Thursday, October 26, reporting a growth of 43 per cent in net profit to ₹3,606 crore, compared to ₹2,525 crore in the corresponding period last year. The public sector lender's net-interest income (NIIs) – the difference between interest earned and interest expended- in the second quarter of current fiscal rose 19.8 per cent to ₹8,903 crore, compared to ₹7,433.8 crore in the year-ago period.

World Cup 2023 points table: This edition of the ICC World Cup is going phenomenal as new records are created almost every other day. It is probably the first time that the fastest century record was broken twice in the same World Cup season. Australia's Glenn Maxwell smashed a ton in just 40 balls against Netherlands on Wednesday at the Arun Jaitley Stadium, New Delhi.

Qatar Court on Thursday announced death sentence for eight Indian Navy personnel who had been arrested in August last year on charges of spying on a submarine program on behalf of Israel. The verdict has been termed 'deeply' shocking by the Indian government. The Indian nationals, all employees of Al Dahra company, were taken into custody in August last year in an alleged case of espionage.

₹308-324 per equity share of face value of ₹10 each. Mamaearth IPO opens for subscription on Tuesday, October 31, and closes on Thursday, November 2.

Sectorally, selling was seen in auto, metals, oil & gas, and consumer durable stocks while buying was seen in utilities and power stocks. Stocks that were in focus include names like Prism Johnson which was up more than 12%, Adani Wilmar which fell nearly 1% to hit a fresh 52-week low, and V-Mart which closed with a loss of more than 2% to a new low on Thursday. We have collated a list of three stocks that either hit a fresh 52-week high, or all-time high or saw a volume or a price breakout. We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view: Analyst: Sanket Thakar, CMT, Founder- Alpha Bot Capital V-Mart: 52-week low V-Mart has already been an underperformer during the entire bull rally in the Nifty. In this downfall, it saw a steep decline and the overall trend remains extremely bearish. For intraday traders, this stock is in a sell-on-rise mode where the short-term resistance in the 60-minute chart is placed at the trendline level of 1860.

Kya atyachar, kya anachar chal raha hai? BJP is playing a dirty game in the name of ED raids on opposition leaders across the country ahead of the Lok Sabha elections. BJP says it wants Sabka Sath Sabka Vikas, but actually means Sabka Sath Sabka Satyanash," she added.

Variety quoted a new study out of UCLA. According to the new report – “Teens and Screens", which is out from UCLA's Center for Scholars and Storytellers, says 51.5 percent of adolescents would like to see more content depicting friendships and platonic relationships. Details say that 1,500 young people were surveyed for the full report, which includes 100 participants from each age bracket between 10-24.