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New Delhi, Jul 13 (PTI) India's biggest real estate firm DLF's Chairman Rajiv Singh's remuneration rose 34 per cent annually to ₹36.65 crore in the last fiscal, following better performance of the company, according to its latest annual report. As per the list of remuneration paid/payable to directors/KMPs (key managerial personnel) during 2024-25, the DLF's Chairman and whole-time director has received ₹36.65 crore as remuneration for the last fiscal against ₹27.30 crore in the preceding finan ...Read More >
Delhi news: An official said they received a call around 12:17 am that a fire broke out in the Hotel Radisson Blu. A fire erupted at Dwarka's Radisson Blu Hotel in Delhi in the early hours of Sunday. The blaze was reported in the sauna room on the second floor of the hotel, officials said. They added that no casualties have been reported. "We received a call around 12:17 am that a fire broke out in the Hotel Radisson Blu. When we came here, a fire was observed in the sauna room on the second ...Read More >
Mumbai, Jul 12 (PTI) The Air India aircraft, which crashed soon after takeoff in Ahmedabad last month, might have suffered mechanical or power supply issues that could have led to the change in the position of the switches that feed fuel into the plane, according to experts. They also opined that the reasons for the change in fuel switch position will be known during further investigations. The Aircraft Accident Investigation Bureau's (AAIB) preliminary report has mentioned that fuel switches ...Read More >
Mumbai (Maharashtra) [India], July 12 (ANI): It was the monsoon of 2002 when 'Devdas' first hit theatres, and cinema was never the same again. With Shah Rukh Khan playing the heartbroken Devdas, Aishwarya Rai as Paro, and Madhuri Dixit as Chandramukhi, the film left a strong mark on Indian cinema. As 'Devdas' clocked 23 years on Saturday, actor Jackie Shroff, who played Chunnilal in the film, shared his memories online. Taking to X (formerly Twitter), he posted a special video clip featuring s ...Read More >
NEW DELHI : The idiom advising one not to compare apples and oranges is a cliché -- a figurative expression that a fruit lover can safely ignore. But anyone with an interest in the origin, spread, popularity, and market dynamics of a fruit or a vegetable can and must draw comparisons. In that spirit of enquiry, one may compare apples and mangoes, more so as they appear to be headed in different directions. Apples are vying for eternal glory, while mangoes are in tatters. Sample these numbers: ...Read More >
Delhi news: After heavy rain, building collapsed in Seelampu on Saturday, leaving several trapped under the debris while 4 injured were rushed to the hospital. "A ground-plus-three building collapses in Delhi's Seelampur. 3-4 people have been taken to the hospital. More people are feared trapped. 7 fire tenders at the spot for rescue operations," Fire Department officials informed ANI The video below shows locals helping in clearing the debris after a ground-plus-three building collapsed. ...Read More >
New Delhi [India], July 11 (ANI): The recall of Chinese employees from the Foxconn India factory, which manufactures Apple iPhones, won't impact mobile production in India, said a senior government official. The official added that it is, in fact, an opportunity for India. "I would look at it more as an opportunity. If the workers want to go back, it's between the company and the workers. They will have to make arrangements to ensure the work continues -- production won't be impacted. We facili ...Read More >
New Delhi, Jul 11 (PTI) Inter-ministerial consultations are underway for a ₹1,345-crore scheme to subsidise production of rare earth magnets in India with two select manufacturers proposed to be given incentives, Union Heavy Industries Minister H D Kumaraswamy said on Friday. The proposed scheme comes in the wake of China restricting exports of rare earth magnets that has hit global supplies, impacting EV makers, including in India. It will provide end-to-end support for conversion of rare ear ...Read More >
New Delhi, Jul 11 (PTI) The government is monitoring production targets at Foxconn and believes that Apple has alternatives to handle issues related to the return of Chinese professionals from Taiwanese electronics manufacturer's plant in India, sources said on Friday. Hundreds of Chinese technology professionals who were facilitating and managing production at Foxconn plants in India have returned to China triggering speculation that it may hamper production of the upcoming iPhone 17 series. ...Read More >
New Delhi [India], July 11 (ANI): India's Quick Commerce (Q-commerce) market is estimated to have reached around ₹64,000 crore in FY25, growing at a staggering Compound Annual Growth Rate (CAGR) of 142 per cent during FY22-FY25, said market analytics firm CareEdge in its latest report. According to the report, the Gross Order Value of the quick commerce market will nearly triple from an estimated ₹64,000 crore in FY25 to around ₹2 lakh crore by FY28, registering exponential growth. Quick comme ...Read More >
New Delhi, Jul 10 (PTI) State governments should provide adequate financial resources to Science & Technology (S&T) Councils, and slightly restructure their governing bodies to drive innovation and technology-led growth, NITI Aayog said on Thursday. In a report titled 'A Roadmap for Strengthening State S&T Council', the Aayog said that these councils must explore wider funding opportunities available with different departments of the central government for activities related to the overall mand ...Read More >
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registra ...Read More >
Delhi Rains: Delhi and parts of the National Capital Region received heavy rainfall since Wednesday evening, with incessant showers continuing to batter the area on Thursday morning too. The Delhi rains, which began last evening, led to flight diversions due to poor weather. According to a report by ANI, at least six flights were diverted from the IGI Airport to Lucknow and Jaipur as poor weather conditions impacted visibility and flight operations. Waterlogging was also observed in several pa ...Read More >
New Delhi: US President Donald Trump on Wednesday slashed tariffs for Sri Lankan goods to 30% from 44% previously as he unveiled his latest list of nations targeted with revised duties. Nations on his list also included the Philippines, Brunei, Moldova, Algeria, Iraq, and Libya under his "reciprocal tariff" framework. The Philippines, which was earlier slated to face a 27% tariff under the 2 April announcement, will now face a reduced duty of 20% starting 1 August, according to the White House ...Read More >
New Delhi: Non-banking financial companies (NBFCs) will be central to India's journey towards becoming a Viksit Bharat (developed nation) by 2047, but they must follow responsible and transparent lending practices, finance minister Nirmala Sitharaman said on Wednesday. Addressing the NBFC Symposium 2025, organized by the department of financial services (DFS) in New Delhi, Sitharaman said interest rates must remain reasonable, rate cuts must be passed on to borrowers, and all charges must be cl ...Read More >
Mumbai (Maharashtra) [India], July 9 (ANI): Contrary to reports doing the rounds that Diljit Dosanjh has walked out of Boney Kapoor and Anees Bazmee's 'No Entry 2' due to creative differences, the Punjabi singer-actor continues to be a part of the sequel of the 2005 comedy film. On Wednesday, Diljit took to Instagram and shared a funny vlog. In the video, he is seen in conversation with Anees Bazmee and Boney Kapoor. "Bazmee sahab story suna rahe hai...mere favourite director hai.. idhar Boney ...Read More >
Bengaluru: A month after former Tata Consultancy Services (TCS) chief operating officer Natarajan Ganapathy Subramaniam retired in May 2024, chief executive K Krithivasan said the company would not hire a new COO for the time being. He added that TCS leaders were distributing Subramaniam's work among themselves and that no single individual could replace him. Less than a year later, the country's largest information technology (IT) outsourcer changed its tune. Not only did is hire a new COO, it ...Read More >
Gujarat Bridge Collapse LIVE updates: The police stated that nine bodies have been recovered so far, and nine-10 people were rescued. They also expect that the death toll could rise as the rescue and search operations continue. Gujarat Bridge Collapse LIVE updates: At least nine people were killed on Wednesday in Gujarat's Vadodara district, after a five vehicles plunged into the Mahisagar River during the morning rush hour due to the collapse of a portion of a bridge at Padra. According to th ...Read More >
Mumbai (Maharashtra) [India], July 9 (ANI): Malayalam actor Unni Mukundan has confirmed that his official Instagram account, which was hacked on Tuesday, has now been fully recovered and is secure. The actor took to his Instagram Stories to share the update and thanked his followers and the Meta team for their support. In a detailed message, Unni stated that he was "pleased to confirm" his account had been successfully recovered. "I'm pleased to confirm that my official Instagram account @iam ...Read More >
New Delhi, Jul 8 (PTI) India's hydrogen demand is expected to rise at a compound annual growth rate of 3 per cent to 8.8 million tonne per annum by 2032, a report released by India Energy Storage Alliance (IESA) on Tuesday said. The report unveiled on the first day of India Energy Storage Week here said that despite announcements of green hydrogen projects of over 9 MTPA capacity, few in India have reached the Final Investment Decision (FID) or secured long-term offtake agreements from domestic ...Read More >
Mumbai, Jul 8 (PTI) Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared to 7,323 e-PVs in June 2024, registering a sharp increase of 79.95 per cent year-on-year. The e-passenger vehicles' share in ...Read More >
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent mu ...Read More >
Mumbai: Domestic institutions, including mutual funds and Life Insurance Corporation of India (LIC), hold the key to allowing Subhash Chandra-led promoter entities to increase their stake in Zee Entertainment Enterprises Ltd. That's when Norges Bank, the company's largest overseas investor, has given its assent. LIC (4.49%), HDFC Mutual Fund (3.66%) and ICICI Prudential Mutual Fund (3.04%) together own over a tenth of the outstanding shares of Zee as of 31 March, making their decision crucial. ...Read More >
New Delhi: With just 48 hours left for 90-day pause on US reciprocal tariffs to end, the much-anticipated bilateral trade agreement (BTA) between India and the US has reached a critical stage. According to two officials in the Indian commerce ministry and one in Washington, the agreement is unlikely to be finalized without direct political intervention to resolve some of the remaining sticky issues. "It's down to the wire. Unless there's political direction, the deal may not go through in time ...Read More >
New Delhi: Prime Minister Narendra Modi on Monday called on Brics countries to work together in order to secure critical mineral supply chains and ensure that no one nation is able to dominate and weaponize these resources. His call at the 17th Brics Summit in Rio de Janeiro comes amid a Chinese chokehold on global rare earth supplies. Brics is a group of 11 countries that was set up by Brazil, Russia, India, China and South Africa. Modi said it was important to make critical mineral supply ch ...Read More >
Bengaluru: Smartworks Coworking Spaces Ltd plans to retire high-cost debt and fund its expansion with the money it raises from its upcoming initial public offering of shares, top company executives said. The Gurugram-based flexible workspace operator is preparing to launch its ₹583-crore IPO on 10 July. The IPO will be a combination of a fresh issue of shares aggregating to ₹445 crore and an offer for sale (OFS) amounting to ₹137.56 crore. (No fresh shares will be issued as part of the OFS; the ...Read More >
Mumbai: Raj Thackeray-led MNS party leader Javed Sheikh's son Rahil Javed Sheikh, is in the legal hotseat after he allegedly misbehaved with Marathi social media influencer and actress Rajshree More, reportedly under the influence of alcohol. More filed an FIR at Mumbai's Amboli Police Station, and has demanded strict action. Rajshree More, a Marathi social media influencer, and also actor Rakhi Sawant's close friend, shared a video of the incident on her Instagram handle. In the video, the a ...Read More >
Mumbai, Jul 7 (PTI) Sebi Chairman Tuhin Kanta Pandey on Monday said the capital markets regulator does not see "many other risks" like the manipulations done by the hedge fund Jane Street. Speaking to reporters days after a Sebi order pointed towards gains of over ₹4,800 crore made by Jane Street, Pandey said Sebi is mulling upgrading its surveillance systems. "And I don't think there are very many other risks," Pandey said, replying to a specific question on whether there are other funds or i ...Read More >
Mumbai: In a major leadership shake-up in the world of cricket and sports media, the International Cricket Council (ICC) on Monday appointed Sanjog Gupta, CEO - sports & live experiences at JioStar, as its next chief executive, effective immediately. Following his exit, JioStar has internally announced that Ishan Chatterjee, chief business officer - sports revenue, SMB & creator monetisation, will head the merged entity's sprawling sports business across TV and digital. ...Read More >
Guwahati: The East Khasi Hills district administration will enforce a new set of parking regulations from August 1 to improve urban mobility across Shillong in Meghalaya. The initiative, which spans seven key traffic zones including Sadar, Madanrting, Laban, Mawlai, Rynjah, Lumdiengjri, and Laitumkhrah, aims to organize parking in critical stretches of the city. Ready for a challenge? Click here to take our quiz and show off your knowledge! The Urban Affairs Department has introduced standard ...Read More >
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