New Delhi [India], November 27 (ANI): President Droupadi Murmu kicked off her four-day visit to the southern state as she landed in Coimbatore airport on Wednesday morning. The President will be in Tamil Nadu till November 30. Also Read | Pune: 73-Year-Old Man Undergoes Surgery After 'Forgotten' Stent Causes Severe Stomach Pain and Bile Stones at Mhaske Hospital in Maharashtra. During her visit, President Murmu is scheduled to engage in several key events, including addressing faculty and stu...Read More
To print this article, all you need is to be registered or login on Mondaq.com. A UCITS management company must be appointed in respect of all Irish UCITS. All management companies must at all times maintain a minimum capital requirement of €125,000 or one quarter of its preceding year's fixed overheads, whichever is the greater. However, additional capital requirements apply to a UCITS management company which manages assets in excess of €250 million where the management company must main...Read More
Stock to buy for medium term: Multibagger stock Jindal Worldwide shares have surged 400% over the last five years, and according to Anand Rathi Share and Stock Brokers, they may still have room to grow. The brokerage recommends buying the textile company's stock for medium-term gains, projecting a potential upside of 19 per cent. Jindal Worldwide recently experienced a sharp correction of nearly 38% after reaching a peak of ₹436 in February 2024. This pullback, however, has brought the sto...Read More
To print this article, all you need is to be registered or login on Mondaq.com. A UCITS can invest in a diverse range of liquid investments such as transferable securities, bank deposits, money market instruments, financial derivatives and units of other funds either as a fund of funds or a feeder fund. A UCITS cannot invest in real estate nor can it invest directly in commodities, although it may be able to gain exposure to commodities indirectly using derivatives. A UCITS is subject to t...Read More
The program also includes expert-led sessions with dermatologists, enhancing participants' skincare knowledge. What if your journey to glowing, healthy skin came with a paycheck? Deconstruct, a skincare and haircare brand, has launched a "Skincare Internship". Aimed at making skincare accessible and enjoyable, this initiative is a chance for beginners looking to dive into the world of skincare while earning a substantial reward. Normalising Skincare The internship is open to everyone ov...Read More
Monish Shah, Anurag Dahiya, Mahesh Bhupathi and Pasha Gademan at Day 2 of IGF ME&A 2024 New Delhi [India]/ Abu Dhabi [UAE], November 27: The India Global Forum Middle East & Africa (IGF ME&A), in its 4th edition, continued its exploration of new and thriving economic opportunities in a rapidly evolving global landscape. As India advances its global trajectory under the newly elected government, Day 2 of IGF ME&A brought together global leaders to identify and unlock collaborative potential be...Read More
In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-ye...Read More
Giving a 'subscribe' tag to the public issue, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, said, "Enviro Infra's IPO has garnered significant attention in the first two days of bidding. While the company reported impressive growth in FY24, with revenue soaring over 115% and Profit After Tax (PAT) more than doubling, recent quarterly results show a decline in revenue and PAT. Additionally, the company's assets increased from ₹761.90 crore to ₹812.87 crore in Q1FY25, bu...Read More
(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump's proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy. World economies and equity markets have had a robust year, with global growth expected to average 3.1% this year, a Reuters poll published in October s...Read More
The Competition Commission approved Alphabet's Shoreline International Holdings LLC's stake acquisition in Flipkart, a Walmart group firm. This involves share subscription, further cementing Alphabet's investment strategy in Indian e-commerce. Meanwhile, MUFG Bank increased its stake in DMI Finance, reflecting rising strategic investments in India's financial services sector. The Competition Commission on Tuesday approved a significant transaction between Alphabet's subsidiary, Shoreline Intern...Read More
In a significant drug bust in Mizoram's capital, Aizawl, police seized over 8 kg of heroin valued at Rs 2.41 crore. Three people were arrested after a CID team intercepted two vehicles carrying narcotics. The heroin was hidden in foreign cigarette packets and is the state's largest seizure. In a landmark operation, Mizoram police have successfully seized over 8 kg of heroin with a street value of Rs 2.41 crore in the capital city of Aizawl -- a record-breaking haul for the state. The operation...Read More
The BE 6e, just as its name sounds, stands out as a futuristic, power-packed, and sporty electric Mahindra SUV on Indian roads. The highly anticipated Mahindra BE 6e, an all-electric compact SUV, has been finally launched at an introductory price of Rs 18.9 lakh (ex-showroom). Globally revealed alongside its sibling, the XEV 9e, this born-electric offering from Mahindra seems to be good enough (on-paper) to position itself as India's answer to luxury compact SUVs from global brands. With its fu...Read More
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is...Read More
The best performers of the session on the Moroccan All Shares were Disty Technologies SA (CSE:DYT), which rose 4.94% or 12.00 points to trade at 255.00 at the close. Meanwhile, Ste de Travaux de Realisation d'Ouvrages et de Constuction Industielle SA (CSE:STR) added 4.62% or 2.14 points to end at 48.49 and Jet Contractors (CSE:JET) was up 4.50% or 68.00 points to 1,580.00 in late trade. The worst performers of the session were Disway SA (CSE:DWY), which fell 4.26% or 28.00 points to trade at 63...Read More
Investing.com -- Boeing's operational recovery is gaining traction following disruptions caused by a recent strike, according to Bank of America analysts in a note Tuesday. In a note, BofA highlighted key signs of improvement in the aerospace giant's production and delivery operations. The bank, citing Aero Analysis Partners/AIR (AAP/AIR), said: "In the past week alone, the company delivered three 737s, bringing the November total to four." The number of 737s in pre-delivery flights is also s...Read More
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal,...Read More
The recent two-month rally seen in AUD/JPY has flashed out bearish technical elements. The financial market has managed to breathe a "sign of relief" on Monday, 25 November after the incoming Trump administration announced Scott Bessent as the US Treasury Secretary nominee last Friday. Bessent, a Wall Street veteran is being viewed as a more pragmatic person who may favor pro-growth policies (an advocate of Trump's corporate tax cuts and deregulation policies) over anti-growth initiatives such...Read More
New Delhi, Nov 26 (UNI) The existing PAN (Permanent Account Number) card holders are not required to apply for new PAN under the upgraded system (PAN 2.0) which has been approved by the central government, apex direct tax policy-making body Central Board of Direct Taxes (CBDT) said on Tuesday. The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on November 25, 2024 approved the Income Tax Department's PAN 2.0 project aimed at upgrading the existing PAN syste...Read More
With the new Heartcore design language, Mahindra BE 6e takes the general shape of a Coupe SUV, but looks like nothing else on sale After revolutionising the Indian SUV segment with ICE lifestyle and desirable offerings, Mahindra is taking greater strides in electric mobility. Set to debut its new lineup of Electric Origin SUVs, Mahindra has just launched BE 6e in India at the Unlimit India event in Chennai, taking Indian manufacturing prowess to the global stage. And when it gets to the market ...Read More
Mahindra has launched the XEV 9e all-electric coupe-SUV with prices starting at Rs 21.90 lakh for the entry-level One variant. The Indian brand has not revealed the the complete price list yet, but has confirmed the prices are introductory and that the rest of the price range will be revealed in the latter half of January, when the e-SUV shows up in Mahindra showrooms. The XEV 9e is the larger and more expensive of the two all-new born-electric SUVs launched by Mahindra today - the BE 6e priced...Read More
In a big win for the Uttar Pradesh government, the Supreme Court on Tuesday upheld the validity of land acquisition initiated by Yamuna Expressway Industrial Development Authority (YEIDA) for the integrated development of the Yamuna Expressway and its adjoining areas in Gautam Budh Nagar. Rejecting a batch of appeals and the cross-appeals filed by the landowners and YEIDA, a Bench comprising Justices B.R. Gavai and Sandeep Mehta said that the objective of the acquisition was to integrate land d...Read More
BEML Ltd and Mazagon Dock Shipbuilders Ltd have signed an MoU to collaborate on marine technologies. The partnership aligns with India's Aatmanirbhar Bharat initiative, aiming to advance indigenous tech in the defence sector. It focuses on reducing dependency on imports and fostering innovation and self-reliance. BEML Ltd and Mazagon Dock Shipbuilders Ltd (MDL) have inked a Memorandum of Understanding to spearhead research and development in marine technologies. The partnership aligns with Indi...Read More
The TOI Entertainment Desk is a dynamic and dedicated team of journalists, working tirelessly to bring the pulse of the entertainment world straight to the readers of The Times of India. No red carpet goes unrolled, no stage goes dark - our team spans the globe, bringing you the latest scoops and insider insights from Bollywood to Hollywood, and every entertainment hotspot in between. We don't just report; we tell tales of stardom and stories untold. Whether it's the rise of a new sensation or t...Read More
Zee Entertainment and Margo Networks lost an arbitration case against RailTel Corporation, a PSU. The dispute centered on the termination of a content-on-demand contract. The Arbitral Tribunal dismissed both Zee's claims against RailTel and RailTel's counterclaims. Zee may appeal to overturn the decision. Zee Entertainment Enterprises Limited (ZEEL) and its subsidiary Margo Networks faced a setback as their arbitration claims against RailTel Corporation of India were rejected. The case revolved...Read More
New Delhi, Nov 26 (UNI) The existing PAN (Permanent Account Number) card holders are not required to apply for new PAN under the upgraded system (PAN 2.0) which has been approved by the central government, apex direct tax policy-making body Central Board of Direct Taxes (CBDT) said on Tuesday. The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on November 25, 2024 approved the Income Tax Department's PAN 2.0 project aimed at upgrading the existing PAN syste...Read More
New Delhi, Nov 26 (UNI) BLS E-Services Limited (BLSe), a technology-enabled digital service provider, on Tuesday completed acquisition of 57% controlling stake in Aadifidelis Solutions Pvt. Ltd and its affiliates (ASPL) for an enterprise value of approx. Rs 190 crore. BLSe acquired the 57% stake in ASPL, one of the largest players in India in the distribution and processing of loans for corporates and individuals, for a total consideration value of approx. Rs 123 core. The company has made an ...Read More
Vijayawada: Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday instructed officials to formulate proposals for constructing an iconic Deep-Technology building in the capital city of Amaravati. "I had built Hi-Tech City structure in Hyderabad to promote information technology. Now, it is time to embrace Deep-Tech and Artificial Intelligence to take advantage of the opportunities arising out of the latest technology," he underlined while reviewing the New IT Policy at the state secreta...Read More
Aave, the leading decentralized finance (DeFi) lending and borrowing protocol, has integrated new oracles from Chaos Labs to automate its risk management system. This is the first time in the protocol's history that DAO has approved the use of a second Oracle network beyond Chainlink. Aave is the biggest lending protocol with $18.44 billion in total value locked (TVL), according to DefiLIama. Generally, Oracles feed external data and information to smart contracts, including the prices of asset...Read More
The global trading market, valued at $10.3 billion in 2023, is one of the world's fastest-rising sectors. But there is more to the story: it is riddled with challenges like financial exclusion, centralization, limited access, and a lack of diverse asset classes. Despite several attempts to address these challenges, this new player has been hailed by experts as a trailblazer: DTX Exchange (DTX). DTX Exchange (DTX) will stand at the crossroads between traditional and decentralized finance. This ...Read More
NEW DELHI: Indian Oil Corp, India's top refiner, has maintained its annual crude import deal with Iraq at 21 million tonnes for 2025, a senior company executive told reporters on Tuesday. Of the 21 million tonnes, approximately 12 million tonnes are firm, and 9 million tonnes are optional purchases, the company's head of finance, Anuj Jain, said. The company meets about 55-57% of its oil needs through annual deals with major producers. Like other Indian refiners, Indian Oil is also looking to...Read More