Kolkata's historic Globe Cinema is reopening after nearly two decades with upgraded facilities and dual screens. Revamped by SSR Cinemas, the theater will screen a mix of Bengali films and recent hits, aiming to revive its former cinematic glory this Durga Puja.
India's largest private sector lender HDFC Bank on Monday said that its board has approved 100% stake sale of subsidiary HDFC Education to Vama Sundari Investments in an all-cash deal amounting to Rs 192 crore. The sale price is Rs. 9.60 per share.
A parliamentary committee has criticized BSNL for declining service quality and shrinking customer base, citing personal experiences. BSNL officials assured service improvements within six months by upgrading nearly one lakh towers to 4G from the existing 24,000. They emphasized the use of indigenous technology under "Aatmanirbhar Bharat" and assured easier transition from 4G to 5G.
Aaditya Thackeray has claimed that a clause in the Dharavi redevelopment project will hand Rs 5,000 crore in premiums to the Adani group-led special purpose vehicle instead of Mumbai's civic body. Thackeray announced that necessary changes will be made once the Maha Vikas Aghadi comes to power.
US scientists Victor Ambros and Gary Ruvkun won the Nobel Prize in Medicine for discovering microRNA, a genetic switch crucial for gene regulation. Initially overlooked, their discovery has potential applications in treating diseases like cancer and viruses, though practical treatments are still in development.
Sensex fell by 638 points on Monday, ending at 81,050. Despite this, five stocks in the BSE 500 index hit their 52-week highs. These highs indicate strong performance and potential for future growth.
Hitachi Energy plans to invest Rs 2,000 crore in India over the next 4-5 years. The funds will expand the capacity of transformers and increase the portfolio. Rs 400 crore will be invested each year. The investment aims at enhancing HVDC capacity and offering network control solutions for industries, utilities, and transportation.
Emami anticipates a four to five-fold increase in quick commerce sales within two years and is exploring more D2C acquisitions in nutrition, pet care, and health food sectors. The company expects strong festive season sales, bolstered by a good monsoon. Emami has acquired full stakes in Helios Lifestyle and stakes in Axiom Ayurveda and Cannis Lupus, demonstrating a robust acquisition strategy.
Chief Minister Siddaramaiah plans to present the contentious caste census report to the Cabinet on October 18 amidst pressure from OBC community MLAs. The 13-volume report, kept under wraps since February, is a comprehensive survey of seven crore Kannadigas, with major communities resisting its implementation.
Elon Musk's over-the-top appearance at a Trump rally in Pennsylvania sparked a memefest on social media.
India is observing rising oil prices caused by Middle East conflicts. Oil Minister Hardeep Singh Puri expresses confidence in handling potential challenges. Though supplies are currently stable, the threat of Middle East escalation remains. Oil companies will make price decisions by monitoring the situation. Petrol and diesel prices could be impacted, following the deregulated market norms.
Zomato’s CEO Deepinder Goyal talks about the highs and lows in the food delivery major’s journey so far. This and more in today’s ETtech Top 5.
Others on the panel include Oyo founder Ritesh Agarwal, executive director of Emcure Pharmaceuticals Namita Thapar, boAT cofounder Aman Gupta, and People Group’s Anupam Mittal.
Wall Street's main indexes fell at the open on Monday, pressured by a rally in Treasury yields as investors dialed back bets on the scope of the Federal Reserve interest rate cuts this year.
The ISRO chief announced that the model for the Next Generation Launch Vehicle (NGLV) will be revealed soon. This move will allow extensive industry participation from the design phase. The Union Cabinet has approved NGLV's development, aiming for operations at the Bharatiya Antariksh Station and an Indian crewed Moon landing by 2040.
Vice President Kamala Harris maintains a significant lead over former President Donald Trump among Latino voters in key swing states, including Arizona and Nevada, both of which are pivotal battlegrounds for the 2024 election.
This buyback is being done at a premium to its second-last funding round, where eight current and former executives sold their vested stock options.
Foreign Secretary Vikram Misri expresses the enduring friendship between India and the Maldives amid President Mohamed Muizzu's state visit. The visit includes key bilateral agreements, such as the Currency Swap Agreement, and discussions on trade and development partnerships. Talks on a Free Trade Agreement are also set to begin.
Netflix's "The Witcher" Season 4 release date details are here for fans of the popular show.
France and India are collaborating to establish an aeronautics cluster and an Indo-French campus for professional training in aeronautics and space. This initiative aims to boost their long-term strategic partnership, particularly in defence and aerospace, and includes efforts to develop a sustainable aviation fuel supply chain.
Garuda Construction and Engineering, which provides civil construction and related services for residential, commercial, and infrastructure projects, plans to raise Rs 174 crore through a fresh issue of equities to fund working capital requirements and Rs 90 crore through an offer for sale.
The outperformance of metal stocks and the indices is well known. But it is worth noting the performance of a number of IT stocks. They have not suffered the kind of cuts other sectors and stocks have witnessed. This is interesting if you take into account the fact that the Q2 earning season will be kicked off by large-cap IT companies. Going by what their managements have been saying, don’t expect major positive surprises. So what explains this relatively strong outperformance? And does it present... Читать дальше...