One 97 Communications, which operates fintech platform Paytm said that the show-cause notice to the company as reported by the the media today by the market regulator Securities and Exchange Board of India (Sebi), was not a new development and the company had already made relevant disclosures on this matter in its financial results for the quarter and year ended March and June quarters.
Ladakh has announced the creation of new districts, marking a significant administrative change in the region. These new districts aim to enhance governance and development in remote areas, ensuring better access to resources and services.
Lavanya Banerjee from Ahmedabad has been persistently harassed by cybercriminals who scammed her mother of Rs 14,000. Despite threatening police action and filing a complaint, the fraudsters continue to taunt her over the phone. Her mother was scammed while making online payments for clothes, constantly being asked for more money.
Small finance banks' growth was expected to decelerate to 26% this fiscal year from 28% previously, as they explored alternative funding avenues, Crisil reported. Credit growth in new asset classes was seen at 40%, with diversification in loans such as mortgages and vehicle loans. Expansion in semi-urban and rural markets was a significant growth driver.
Aarti Drugs has set September 5 as the record date for its Rs 59.85 crore share buyback. The company will repurchase up to 6,65,000 shares at Rs 900 each, a 48% premium on Monday's BSE closing price. The buyback represents 0.72% of its total equity.
The Supreme Court-appointed Special Investigation Team on black money was preparing to submit its ninth interim report within 15 days, according to its vice-chairman Justice (Retired) Arijit Pasayat. Formed in 2014 under the Modi government's directive, the SIT has already submitted eight reports. Meetings with department officers were underway during Pasayat's Cuttack visit.
The BJP reprimanded Kangana Ranaut for her comments on the farmers' protest, stating that her views do not align with the party's policies. The party highlighted its commitment to social harmony and directed Ranaut to refrain from making future statements on policy matters. Social media users reacted with a flood of memes.
Torrential rains over the past three days in Gujarat led to flooding, evacuations, and disruption of daily life. The India Meteorological Department warned of continued heavy rainfall and strong winds. The Indian Coast Guard advised fishermen to avoid the sea. Traffic and normal routines were greatly affected by the adverse weather conditions.
Apollo Hospital, Hero MotoCorp, Adani Ports SEZ, Maruti Suzuki and Eicher Motors were among the top losers on NSE in today's trade.
The fund house reduced its allocation in HDFC Bank to 5.2%, a decrease of 0.7% compared to the previous month.
The NSE Nifty index closed 187.45 points up at 25010.6
The domestic alternative investment fund had invested Rs 85 crore in Shriram Pristine Estates in Bengaluru, from ASK Real Estate Special Opportunities Fund IV (RESOF IV) fund in 2022. The exit from the investment yielded an internal rate of return (IRR) of 20% and an investment multiple of 1.24x on their quasi-equity investment in less than 18-months.
The Nifty Pharma index closed 0.12 per cent up at 22554.95.
A head constable of the Central Reserve Police Force allegedly died by suicide in Dantewada, Chhattisgarh. Head constable Vipin Chandra shot himself with his AK-47 rifle in the barracks. He was rushed to the hospital but declared dead on arrival. The incident occurred in the 195th battalion's headquarters under Barsoor police station limits. An investigation is ongoing to determine the reasons behind his actions.
InterGlobe, which is the biggest shareholder in Mumbai-listed IndiGo airlines, has a hospitality division that has hotels in India as well as overseas. It has a partnership with French hospitality group Accor for hospitality business in India which now spans about 7,000 rooms across 30 hotels. Miiro is a 100 per cent subsidiary of InterGlobe.
SpaceX's Polaris mission, led by Jared Isaacman, aims for the highest Earth orbit in over 50 years, featuring the first-ever private spacewalk and testing Starlink's laser-based communication system in space.
The Bhartiya Janata Party (BJP) stated that it disagrees with Kangana Ranaut's remarks linking the 2020 farmers' protest to Bangladesh unrest. The party emphasized that her statement does not reflect their stance and has directed Ranaut to abstain from making similar comments moving forward.
Ecos (India) Mobility and Hospitality, a provider of corporate car rental services, plans to raise ₹601 crore through an offer for sale by promoters, which will reduce their stake from 98% to 68%. The company has access to over 12,500 vehicles, ranging from economy to luxury cars, but only 6% of the fleet is owned by the company.
The Nifty Auto index closed 0.35 per cent up at 25941.45.
A Lenovo computer salesman has found himself in a swirl of trouble, fired from his job after he says a bladder condition forced him to relieve himself in a lobby of his Times Square hotel. According to the suit, Becker was returning to his hotel near New York's Times Square after a work dinner in February when he found himself "overwhelmed" and forced to answer nature's call in a vestibule located on a separate floor from the main lobby.
Durov, a 39-year-old billionaire cast as "Russia's Mark Zuckerberg", was arrested at Le Bourget airport outside Paris shortly after landing on a private jet late on Saturday from Azerbaijan.
The 30-share BSE Sensex closed up 611.9 points at 81698.11
INS Mumbai arrived in Colombo for a three-day visit, involving joint activities and a Passage Exercise with the Sri Lanka Navy. The warship, staffed by 410 crew members, will also brief Sri Lanka Navy personnel on its operations and deliver essential spares for Dornier aircraft. This marks the ship's first visit to Sri Lanka.
According to the scheme approved by the Union Cabinet, the pension will be proportionate for a lesser service period of up to a minimum of 10 years. Also, assured pension of Rs 10,000 per month on superannuation after a minimum of 10 years of service.
The NSE Nifty index closed 187.45 points up at 25010.6