In an unprecedented event in Kerala's history, Sarada Muraleedharan is set to succeed her husband, V Venu, as Chief Secretary. Chief Minister Pinarayi Vijayan highlighted this unique transition during Venu's farewell ceremony. Venu, who retires on August 31, expressed mixed emotions about leaving his long-standing public service career.
The Indian Army has named Lt Gen Prashant Srivastava as the new Corps Commander of the Srinagar-based 15 Corps, effective October 15. This transition comes ahead of the Union Territory's first elections in a decade, set from September 18 to October 1, with results on October 4. Incumbent Lt Gen Rajiv Ghai will move on to become the Director General of Military Operations, replacing Lt Gen Prateek Sharma.
The government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition will support major investment plans and drive growth, significantly impacting the power sector and renewable energy initiatives in India. The decision reflects the achievements and potential of these public sector undertakings.
Adam Meyers, senior vice president for counter adversary operations at CrowdStrike, will testify before the House Homeland Security cybersecurity and infrastructure Protection subcommittee, the panel said Friday.
Union minister Shivraj Singh Chouhan welcomed former Jharkhand Chief Minister Champai Soren to the BJP, highlighting Soren's contributions to the Jharkhand movement. Soren, known as 'Kolhan's Tiger,' resigned from JMM due to dissatisfaction. Chouhan criticized the JMM-Congress alliance government and expressed confidence in BJP's future victory in Jharkhand elections.
The Enforcement Directorate has facilitated the restitution of Rs 19.40 crore to defrauded investors of the Rose Valley Group Ponzi scheme, as per the directives of a special PMLA court in Kolkata. The funds have been transferred to the Rose Valley Asset Disposal Committee, marking a significant step towards restitution for bona fide investors.
The Reserve Bank of India reported that the all-India House Price Index (HPI) moderated to 3.3% in the June quarter of 2024-25, down from 5.1% in the same period last year. Data from 10 major cities showed varied annual HPI growth, ranging from 8.9% in Kolkata to -1.7% in Delhi.
With the rise of artificial intelligence, companies like Genpact, Infosys, and Accenture are enrolling their top executives in AI certification programs from top universities. These initiatives aim to ensure leaders understand AI's strategic implications, uses, and regulations, fostering skill development across industries.
Virgin River Season 6 is in the early stages of production, with a potential release in late 2024 or early 2025. The main cast is expected to return, and the season may feature a 10-episode format. No new footage has been released.
Macrotech Developers has acquired Opexefi Services and One Box Warehouse for a total sum of nearly Rs 96 crore. This strategic move aims to bolster their logistics park and warehouse development sector. The logistics and warehousing market in India is experiencing a significant surge, driven by economic reforms and rapid e-commerce growth.
Srikumar has been with Wipro for 26 years and will report to chief executive Srini Pallia in his new role. Before this, he was the chief operating officer (COO) of Wipro engineering edge (WEE) and global practice head of embedded systems.
Manifest fans are buzzing with excitement after a recent social media post from the show's creator, Jeff Rake. On August 28, Rake took to X to provide an update on the series' future.
The Indian Banks' Association is asking the Reserve Bank of India to reduce the proposed additional 5% 'runoff' requirement on retail deposits and to implement it gradually. They also seek an extension for providing feedback. The regulation aims to boost liquidity resilience, potentially increasing demand for government bonds.
ONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate $500 million of dividends due to financial issues and US sanctions. Venezuela has agreed in principle to transfer control, pending US approval. ONGC also awaits a decision on its stake and payment terms in Russia’s Sakhalin-1 field.
Prime Minister Narendra Modi laid the foundation stone for the Vadhavan Port project in Maharashtra, set to become one of India's largest deep-water ports. The port, costing Rs 76,220 crore, aims to boost India's maritime infrastructure, featuring container terminals, multipurpose berths, and excellent connectivity, enhancing trade and industrial development.
According to C S Setty, SBI has already started using some of the offerings of fintech startups such as SaaS. The bank is also working towards a November launch of its new platform, Yono 2.0, the chairman-designate added.
Chairing the first of the six regional meetings, Shobha Karandlaje, minister of state for labour and employment said states have a critical role to play in the successful implementation of the labour reforms and the objective of these regional meetings is to closely intercat with states, identify gaps, address concerns and draw up the way forward in a collaborative manner.
The central council of ICAI will discuss NFRA's proposed changes to auditing standard SA 600 on September 17. ICAI is concerned these changes may concentrate audit work with a few large firms, affecting small and medium auditors. The outcome could impact 1.60 lakh practicing CAs and 96,000 smaller audit firms.
Many nations are providing sizeable financial bonuses and incentives to their medal-winning athletes as the 2024 Paralympic Games in Paris get underway.
Andhra Pradesh Legislature is set to go entirely paperless by joining the National e-Vidhan Application (NeVA) under the Union Ministry of Parliamentary Affairs. This digital initiative was approved by key legislative leaders, aiming to unify legislative processes on a single digital platform. Work will begin after finalizing the detailed project report.
Clear Bridge Ventures has acquired an IT park in Malad, Mumbai for Rs 335 crore from Property Ventures (India). The property, developed in 2002, includes a land parcel, parking slots, and over 147,000 sq ft of saleable area. This transaction highlights the growing demand for office spaces in India’s commercial hubs.
Under the new rules, the regulator has raised the median quarter sigma order size (MQSOS) over the previous six months on a rolling basis by three times to Rs 75 lakh from the existing Rs 25 lakh, citing that the average market turnover is now over 3.5 times the figure during the last review.