Harneet Singh Sachdeva, 29, was tragically killed following a dispute over a delayed takeaway order from Ketan’s Food Court in Tagore Garden, Delhi. CCTV footage shows Sachdeva being assaulted with kebab skewers by the owner and staff. An FIR for murder has been filed, and authorities are investigating the incident.
Eicher Trucks and Buses has rolled out a programme incentivising customers to scrap old vehicles in exchange for new ones. With incentives ranging from 1.25% to 3% of the base vehicle cost, the initiative aligns with the government's Vehicle Scrappage Policy. This programme will be valid from September 1, 2024, for a period of two years.
The Nifty Bank index closed 0.02 per cent up at 51152.75.
Union Minister Nitin Gadkari emphasized the significance of credible media for democracy and socio-economic development. He highlighted the shift from traditional print and electronic media to social media, stressing that media should support what benefits democracy. Gadkari also outlined India's goal of becoming 'Atmanirbhar' and achieving a USD 5 trillion economy, emphasizing the need for good infrastructure and employment creation.
The final guidelines for project loans are expected to be announced in the next two to three months, according to a senior RBI official. The official added that the Expected Credit Loss-based provisioning norms are also in advanced stages of discussion. Up to 60 responses have been received on the draft guidelines, which are currently being reviewed.
In the Nifty pack, 29 stocks closed in the green, while 20 stocks ended in the red.
Foreign Minister Ali Sabry warned against renegotiating Sri Lanka's Debt Sustainability Agreement, claiming that it could jeopardize an upcoming IMF tranche and subsequent disbursements from the World Bank and the Asian Development Bank, leading to economic instability. Sri Lanka is recovering from severe economic turmoil and a historic sovereign default.
The United States is encouraging China to begin nuclear arms talks, with recent limited progress suggesting a potential for further dialogue. The renewed effort coincides with National Security Adviser Jake Sullivan's visit to Beijing. U.S. officials are seeking to initiate discussions on nuclear strategy and risk reduction measures.
Chinese President Xi Jinping and U.S. national security adviser Jake Sullivan met in Beijing to maintain open communications. Their discussion focused on managing the tense relationship, addressing Taiwan and South China Sea.
The Indian markets hit new record highs on Thursday, with the S&P BSE Sensex up over 300 points and the Nifty50 surpassing 25,100. Notable buying occurred in auto, telecom, FMCG, energy, and oil & gas sectors, while utilities, power, and capital goods saw declines.
Tech Mahindra has partnered with the UK's Marshall Group to enhance advancements in aerospace and defence. They will focus on aircraft design, special mission platforms, and digital maintenance technologies. The collaboration also includes developing hydrogen fuel systems for sustainable aviation. Tech Mahindra's shares rose 0.67% following the announcement.
These skills are indeed highly valuable and in-demand. Here’s how each can provide long-term benefits:
Return Prime aims to achieve $3 million ARR and triple its revenue within a year by expanding in the US, Europe, and India. The company focuses on converting returns into revenue for ecommerce merchants, particularly in the fashion industry, to help them generate over $100 million in additional income.
Sunil Jain, President and Executive Director of Rajoo Engineers Limited, Biren Parikh, CIO of Symphony Limited, and Vishal Raj Saini, Country Head – India and Indian Subcontinent at Epicor Software participated in the third episode of the EconomicTimes.com x Epicor webinar series. Here are the highlights.
Shiromani Akali Dal (Amritsar) president Simranjit Singh Mann made derogatory remarks against BJP MP Kangana Ranaut over her controversial comments on the farmers' protest. Mann's comments came in response to a recent interview where Ranaut suggested a 'Bangladesh-like situation' could have unfolded in India without its strong leadership. Mann was attending a party event in Karnal ahead of Haryana Assembly polls on October 1.
US miners and battery recyclers are hurrying to secure billions in government loans before January, fearing a potential funding block if former President Donald Trump is reelected. The mining industry seeks Washington's support to counter China's market influence and bolster domestic supply of critical minerals for the energy transition.
The board of state-owned IREDA on Thursday approved a proposal to raise Rs 4,500 crore. The funds will be raised in one or more tranches through further public offer (FPO)/qualified institutional placement (QIP)/rights issue/preferential issue or any other permitted mode or combination, subject to the statutory or government approval, IREDA said in an exchange filing.
Premier Energies' IPO is seeing a strong response, with the issue booked 58 times on its final day. Institutional investors drove demand, with their portion booked 160 times. Shares are trading at a 87% premium in the unlisted market.
Nita Ambani, founder and chairperson of Reliance Foundation, outlined the organization’s progress and future goals at the 47th Annual General Meeting of Reliance Industries Limited. Highlighting achievements in sports, education, and cultural preservation, Ambani emphasized the Foundation’s commitment to nation-building. She announced initiatives aimed at transforming India into a global sporting powerhouse, enhancing education with a focus on early childhood development, and promoting the country’s... Читать дальше...
The NSE Nifty index closed 99.61 points up at 25151.95
India's rooftop solar capacity rose by 26 per cent year-on-year in the first half of 2024, reaching 1.1 GW. The second quarter saw 731 MW of installations, primarily driven by the Prime Minister's rooftop solar initiative. The industrial segment led the quarterly installations, with top states like Gujarat and Maharashtra contributing significantly.
Reliance Industries Share Price: RIL is not just India's most valuable listed company at Rs 20.6 lakh crore, it also reported the highest annual profit of Rs 79,020 crore in FY24.
Reliance Industries Ltd will consider issuing 1:1 bonus shares to investors on September 5. This move recognizes the company's robust growth over recent years. Historically, the company has issued bonus shares five times since 1980. Analysts believe this will enhance liquidity and expand the investor base.
Aston Martin has introduced the new Vantage, priced at Rs 3.99 crore. Its 4.0-liter V8 Twin Turbo engine delivers 665PS and 800Nm, accelerating from 0 to 60mph in 3.4 seconds. The car features advanced dynamics, luxury interiors, and cutting-edge technology. Deliveries are expected by the last quarter of 2024.