India bolsters its defense capabilities with two major acquisitions. The government approved the purchase of 100 additional K9 Vajra self-propelled artillery guns and 12 Su-30MKI fighter jets. The artillery guns, built by L&T, are customized for high-altitude operations. The fighter jets, manufactured by HAL, will replace those lost in accidents. These deals total over ₹21,000 crore. The government has cleared two mega defence acquisition deals worth over ₹21,000 crore for additional artille...Read More
Chennai, Dec 10 (PTI) Standalone health insurance company Star Health Insurance has targeted doubling its business in Tamil Nadu over the next four years, a top official said. As part of its growth strategy, the company plans to add 12,000 new agents across Tamil Nadu and expand its footprint with 25 new offices in both rural and urban areas in FY2025. Also Read | 7th Pay Commission Latest News: Narendra Modi Government Likely To Hike DA for Employees by 3% in January 2025, Check Details. Sta...Read More
Hindustan Aeronautics Ltd (HAL) shares will remain in focus on Friday after the Ministry of Defence (MoD) announced a Rs 13,500-crore contract with the company to procure 12 Su-30MKI fighter aircraft. The deal, signed on Thursday, December 12, aims to bolster India's defence capabilities while promoting the 'Aatmanirbhar Bharat' initiative. The deal, valued at approximately Rs 13,500 crore, includes associated equipment and is inclusive of taxes and duties. The aircraft will feature a homegrown...Read More
The Indian government has awarded fiscal incentives totaling Rs 4,150 crore to four companies, including the BCGCL joint venture, for developing coal gasification projects aimed at producing ammonium nitrate, synthetic natural gas, and ethanol. This initiative is part of India's Rs 8,500 crore Coal Gasification Incentive Scheme. In a strategic move, the Indian government on Thursday granted fiscal incentives amounting to Rs 4,150 crore to four companies to bolster coal gasification projects. Am...Read More
The Competition Commission of India (CCI) has urged the Supreme Court to transfer 24 writ petitions related to alleged anti-competitive practices by Amazon and Flipkart to a single High Court, preferably Delhi High Court, to expedite hearings and avoid conflicting rulings. The Supreme Court has agreed to list the matter early, with a likely hearing on Friday.The Competition Commission of India (CCI) on Thursday urged the Supreme Court to transfer a batch of 24 writ petitions pertaining to allege...Read More
Indian IT stocks surged on Thursday, with the Nifty IT index reaching a new high of 46,000. Companies like Coforge and Tech Mahindra led the gains, rising up to 4%, fueled by positive U.S. inflation data and hopes of a Fed rate cut. Several other IT firms also hit 52-week highs, defying the broader market trend.Indian IT stocks outperformed the broader market on Thursday, with the Nifty IT index hitting a new high of 46,000.Leading the charge were Coforge and Tech Mahindra, which surged up to 4%...Read More
Mumbai (Maharashtra) [India], December 13 (ANI): Maharashtra Chief Minister Devendra Fadnavis on Friday highlighted Mumbai's role as the economic capital and outlined the state's aspirations to become the fintech hub of the country. Fadnavis while projecting a promising future for the state at the World Economic Hindu Forum said, "Mumbai is not just the economic capital of India but will soon lead the country as a fintech hub. Maharashtra is prepared to spearhead this transformation." Fadnavis...Read More
New Delhi, India - New Era Cleantech Solutions Private Limited is celebrating a major milestone with a newly awarded financial incentive from the Ministry of Coal, Government of India. This significant achievement highlights their groundbreaking Coal Gasification and Carbon Capture Utilization (CCU) project designed to achieve net-zero emissions by capturing all CO₂ emissions produced during gasification. The initiative stands as India's first and largest commercial-scale project in this sector....Read More
New Delhi [India], December 13 (ANI): The Supreme Court on Friday granted relief to former West Bengal education minister Partha Chatterjee in a money laundering case related to recruitment irregularities and directed that to release him on bail from February 1 in a money laundering case related to recruitment irregularities or if the framing of charges and vulnerable witnesses are examined before. A bench of justice Surya Kant and Ujjal Bhuyan also asked the trial court to decide on framing of...Read More
Chennai (Tamil Nadu) [India], December 13: Star Health and Allied Insurance Company Limited, the first standalone health insurance company in India, today announced the launch of its revolutionary retail health insurance product, 'SUPER STAR'. This innovative policy offers a long-term policy for the retail health segment, combining advanced features and highly customisable covers to address the growing complexities of modern lifestyles, rising medical expenses, and unforeseen emergencies. Also ...Read More
NEW DELHI (Reuters) - An Aviva business model that Indian tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows. Tax inspectors accuse the British insurer of engaging in a clandestine scheme involving hundreds of individuals and illegal payments of $26 million that used fake invoices to enable the commissions in excess of regulatory caps, Reuters has...Read More
Bhubaneswar: Odisha's capital city, Bhubaneswar has witnessed a hike in the prices of petrol and diesel in the last 24 hours. On December 13, 2024, petrol has been priced at Rs 101.11 per litre while diesel costs Rs 92.69 per litre. The prices of petrol and diesel in silver city Cuttack have continued to remain constant for the second day. On December 13, 2024, petrol was priced at Rs 101.63 per litre while diesel costs Rs 93.18 per litre. The rates of petrol in major cities of India were reco...Read More
Karnataka News: The Karnataka High Court has temporarily stayed investigations into a cruelty case filed under Section 498A of the Indian Penal Code against a husband and his family. The complaint, lodged by the wife, claimed that her husband showed more affection for their pet cat than for her. Describing the case as "frivolous" and an abuse of legal process, Justice M Nagaprasanna commented on the burden such cases place on the criminal justice system. "If the investigation proceeds, it will ...Read More
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Also Read | Stock Market Today: Sensex, Nifty Fall More Than 1% As Global Risks Weigh on Market Sentiment. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Fi...Read More
New Delhi, Dec 13 (PTI) Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 13, 2024 Declared, Check Winning Numbers a...Read More
New Delhi [India], December 13 (ANI): The Supreme Court on Friday granted relief to former West Bengal education minister Partha Chatterjee in a money laundering case related to recruitment irregularities and directed that to release him on bail from February 1 in a money laundering case related to recruitment irregularities or if the framing of charges and vulnerable witnesses are examined before. A bench of justice Surya Kant and Ujjal Bhuyan also asked the trial court to decide on framing of...Read More
New Delhi [India], December 13 (ANI): External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan co-chaired the 4th India-UAE Strategic Dialogue in New Delhi on Thursday. Jaishankar said that there was a very productive exchange on promising domains and key interests. Jaishankar called the Strategic Dialogue an "effective platform" that helps translate leadership guidance into reality. He said that he looked forward to co-chairing the Joint Commission mee...Read More
New Delhi: Around 400 passengers of IndiGo Airlines were stranded at Istanbul Airport for nearly 24 hours, facing significant inconvenience. Passengers allege that the airline initially informed them of a delay in their flight but later announced its cancellation. Following a delay of about 12 hours, the flight was reportedly rescheduled. Also Read: Good News for H-1B Visa Holders: Work Permit Extensions Simplified One passenger expressed frustration with IndiGo's customer service, calling it ...Read More
PRNewswire Chennai (Tamil Nadu) [India], December 13: Star Health and Allied Insurance Company Limited, the first standalone health insurance company in India, today announced the launch of its revolutionary retail health insurance product, 'SUPER STAR'. This innovative policy offers a long-term policy for the retail health segment, combining advanced features and highly customisable covers to address the growing complexities of modern lifestyles, rising medical expenses, and unforeseen emergen...Read More
Belagavi (Karnataka) [India], December 13 (ANI): Karnataka Legislative Council LoP Chalavadi Narayanaswamy on Friday expressed support for the 'One Nation, One Election' and questioned the opposition's protests against the proposal. Narayanaswamy said that 'One Nation, One Election' will ease the government's financial burden and reduce election costs, urging everyone to support the initiative. Also Read | Telangana Handcuffing Controversy: Tribal Farmer Taken To Sangareddy Hospital in Handcuf...Read More
Mumbai, Dec 13 (PTI) Benchmark indices Sensex and Nifty slumped on Friday morning dragged down by metal stocks, foreign fund outflows and weak global cues. The 30-share BSE benchmark Sensex tumbled 1,207.14 points to 80,082.82 in the late morning trade. The NSE Nifty tanked 367.9 points to 24,180.80. Among the 30-share Sensex blue-chip pack, JSW Steel, Tata Steel, IndusInd Bank, Bajaj Finserv, Axis Bank, Larsen & Toubro, ITC and Mahindra & Mahindra were the biggest laggards. Bharti Airtel and...Read More
New Delhi, Dec 13 (PTI) Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. The issue saw strong demand from long-term investors including a mix offerings from institutions, mutual funds, and...Read More
New Delhi, Dec 13 (PTI) Subscribers of the retirement fund body EPFO may soon be able to withdraw money from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly stated in a media report that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 13, 2024 Declared, Check Winning Numbers and Result Chart of...Read More
Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is ju...Read More
Patna, Dec 13 (VOICE) The Bihar Public Service Commission 70th Preliminary Combined Examination will be conducted at 912 centres in the state on Friday.With these examinations, 2,031 posts in various government departments will be filled. A total of 4.80 lakh candidates have applied for the examinations, scheduled to start at noon and end at 2.00 p.m. The commission has issued guidelines for the candidates appearing for the examinations. The guidelines are: "Candidates are asked to bring two p...Read More
Mumbai, December 13: Indian benchmark indices Sensex and Nifty fell more than 1 per cent on Friday. At around 10.51 a.m., the Sensex fell 1,017.03 points or 1.25 per cent to 80,272.93, while the Nifty fell 306.80 points or 1.25 per cent to 24,241.90. The market trend remained negative. On the National Stock Exchange (NSE), 340 stocks were trading in green, while 2,047 stocks were in red. Stock Market Today: Indian Market Opens Flat, All Adani Shares Trade in Green. The market remained in turmo...Read More
RSMSSB Rajasthan Jail Prahari Bharti 2024:- The Rajasthan Staff Selection Board has released recruitment for 803 posts in Jail Prahari. Any youth who wants to apply for this recruitment and has the necessary qualifications can apply online from December 24 to January 22 by visiting rsmssb.rajasthan.gov.in. The Jail Prahari 2024 Recruitment Exam will be conducted on April 9, 10, and 12, 2025. For this recruitment, the youth should have a 10th-pass degree. For more information, visit the officia...Read More
Hyderabad: Telangana's Revenue and Housing Minister Ponguleti Srinivas Reddy announced the government will bring back Village Revenue Officers (VROs) and Village Revenue Assistants (VRAs) in rural areas. Speaking at the Secretariat, Reddy said the government will restore these important village-level administrative positions. The move aims to improve local government services and support in rural communities. Along with this announcement, the minister shared updates about the Indiramma housing...Read More
New Delhi, Dec 13 (PTI) Subscribers of the retirement fund body EPFO may soon be able to withdraw money from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly stated in a media report that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce. She further said that claimants, beneficiaries or insured individuals will be able to access their claims through an ATM. According ...Read More
Belagavi (Karnataka) [India], December 13 (ANI): Karnataka Legislative Council LoP Chalavadi Narayanaswamy on Friday expressed support for the 'One Nation, One Election' and questioned the opposition's protests against the proposal. Narayanaswamy said that 'One Nation, One Election' will ease the government's financial burden and reduce election costs, urging everyone to support the initiative. Speaking to ANI, Chalavadi Narayanaswamy said, "Why are they (opposition) protesting (One Nation One...Read More