Новости за 07.08.2024

Neeraj Chopra, the defending champion, entered the Paris Olympics men's javelin throw final with a remarkable qualifying throw of 89.34m. Facing tough competition from athletes like Anderson Peters and Arshad Nadeem, the final round had nine throwers surpassing the 84m mark. Chopra's performance raised hopes among Indian fans for a potential historic achievement. The final was scheduled in cooler evening conditions, different from the daytime heat of the qualification round. This set the stage for... Читать дальше...

Helicopter crash in Nepal: The Air Dynasty helicopter, 9N-AJD, was en route to Rasuwa from Kathmandu when it crashed. The helicopter took off from Kathmandu at 1:54 PM but lost contact just three minutes after takeoff, news report said.

Financial Services Secretary Vivek Joshi urged greater cooperation between fintech firms and banks to create scalable, compliant solutions. Addressing the FICCI-IBA PICUP Fintech Conference, Joshi stressed the need for fintech to focus on governance, regulatory compliance, and cybersecurity. Banks should suggest problems, and fintechs provide solutions, especially in digital lending capacities for MSMEs.

This decline was influenced by the unwinding of carry trades and high local dollar demand. Central bank interventions helped limit the currency's losses, with the rupee expected to remain under pressure.

Ajmera Realty & Infra India Ltd issued new equity shares following its demerger from Radha Raman Dev Ventures. Approved by NCLT, 1 share was allotted for every 50 held, resulting in 7,09,698 new shares and raising the total to 3,61,94,573. The company plans to develop a mixed-use project in Wadala, Mumbai.

Union home minister Amit Shah expressed confidence that wrestler Vinesh Phogat will overcome her disqualification from the Olympics due to being overweight and return to her winning ways. This comes after dreams of millions of Indians who had high hopes for her medal were shattered. Shah praised Phogat's impressive career and assured her of unwavering support in bouncing back from this setback.

Jindal Saw's board scheduled a meeting on August 14 to discuss a 2:1 stock split. Each Rs 2 face value share will be split into two Re 1 shares. This follows a previous split in December 2009 when shares were divided from Rs 10 to Rs 2. No further details have been released.

Indian wrestler Vinesh Phogat was disqualified from the Paris Olympics for exceeding the 50kg weight limit by 100 grams, just before her final match. The news led to widespread shock and support from fans and celebrities, who called it a cruel end to her Olympic journey, leaving her without a medal.

Kindlife.in, a beauty and wellness platform, secured $8 million in funding from JB-Dooeun TK Fund and Mixi Global Investments, with participation from existing investor Kalaari Capital. This funding will be used to develop the platform further and introduce more global beauty brands in India. The startup aims to launch over 20 exclusive Korean and Japanese brands this year.

Whether a buyback is a good or bad move is debatable. To some it is an indication that the company is not planning to expand and hence where will future growth come from and hence it is using cash for buy back so it is not a good thing. To others it is a way that a company is giving a message that it feels that stock price is under priced and using the cash buy back is a good indication. Leave aside the debate, the fact is that in both cases, it is an indication that the company has cash. Let's... Читать дальше...

Revenue from operations stood at Rs 808 crore, down 17% YoY from Rs 976.44 crore reported in the corresponding quarter of the previous financial year. The overall revenue was down because of a decline in revenue of the company’s oil seed segment.

The notification for the Rajya Sabha elections will be issued on August 14 and the last date for filing of poll papers is August 21, the Commission said.

Tata Power and Bhutan-based Druk Green Power Corporation Ltd have partnered to develop a 600 MW hydropower project in Bhutan, costing around Rs 6,900 crore. The project will help meet Bhutan's increasing electricity requirements and contribute to India's energy transition to renewables. Tata Power will invest 40% in Khorlochhu Hydro Power Ltd, a Public Private Partnership company.

This summer, ground-level ozone levels surged in 10 metropolitan areas of India, with Delhi-NCR being the worst hit, recording 176 days above safe limits. The Centre for Science and Environment (CSE) reported a significant increase in ozone levels, particularly at night, posing serious health risks. Even green neighborhoods like Dr Karni Singh Shooting Range and Lodhi Colony recorded high levels. The CSE suggested the need for a robust public information system to alert residents about ozone build-up and its potential health impacts year-round.

Reliance Industries, having strengthened its balance sheet after prior capital expenditure, is poised for new growth, according to its FY24 Annual Report. Chairman Mukesh Ambani highlighted the company's expanded portfolio, which now impacts millions of Indians through diverse products and services.

The Reserve Bank of India left interest rates unchanged at 6.5% due to persistent food inflation. Rising prices of vegetables and cereals contributed to this decision. The government is stepping up its efforts to monitor and stabilize food prices. Future rate cuts might be on hold due to expected uneven rainfall impacting food inflation.

Akhilesh Yadav demanded an investigation into wrestler Vinesh Phogat's disqualification from Paris Olympics due to being overweight for her 50 kg final bout. Phogat became the first Indian woman wrestler to reach the gold medal bout. The Indian Olympic Association confirmed her disqualification, asking for privacy for Phogat and her team.

Bangladesh is India's biggest trade partner in South Asia, and India is the second biggest trade partner of the neighbouring country in Asia.

Himanta Biswa Sharma voiced the possibility of Bangladesh becoming a safe ground for terrorist activities in the future. "During the time of Sheikh Hasina, all terrorist groups from the north-east were removed from Bangladesh. For us, it will be a matter of concern; once again, Bangladesh must not become a safe haven for such terrorists. I hope the Indian government will stay in constant touch with whichever government is formed there." The Assam Chief Minister said.

Eicher Motors' net profit for the quarter ended June 30, 2024, was projected between Rs 943 crore and Rs 1,034 crore. Revenue estimates ranged from Rs 4,178 crore to Rs 4,273 crore. The profit rise was attributed to volume growth and higher average selling prices of Royal Enfield motorcycles, according to multiple brokerages.

Turkish President Recep Tayyip Erdogan has frequently compared Israeli Prime Minister Benjamin Netanyahu to Adolf Hitler, accused his country of genocide, called for it to be punished in international courts and criticised Western nations for backing Israel.

The Indian Olympic Association expressed deep regret over Phogat’s disqualification. "It is with regret that the Indian contingent shares news of the disqualification of Vinesh Phogat from the Women’s Wrestling 50kg class. Despite the best efforts by the team through the night, she weighed in a few grams over 50kg this morning. No further comments will be made by the contingent at this time. The Indian team requests you respect Vinesh’s privacy. It would like to focus on the competitions on hand," the Association said.