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New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the ...Read More >
MUMBAI: Payment aggregators are feeling the pinch as ICICI Bank has now started charging them for processing purchases made using UPI,Fintechs that route transactions through the bank must now factor in new charges, intensifying the debate on the long-term viability of free digital payments. Payment aggregators with escrow accounts at ICICI will be charged two paise per Rs 100 processed, capped at Rs 6 per transaction. Those without such accounts will pay double - with a Rs 10 cap. Merchants who ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I' ...Read More >
New Delhi [India], August 1 (ANI): The Enforcement Directorate (ED) has issued a Look Out Circular (LOC) against industrialist Anil Ambani in connection with an ongoing investigation into an alleged Rs 17,000-crore loan fraud case, sources said. LOC is issued to prevent a person from leaving the country while the probe is underway. The ED has not released an official statement on the matter yet. ED move comes after the agency summoned Anil Ambani for questioning in the case and directed him to ...Read More >
New Delhi [India], August 1 (ANI): The Enforcement Directorate (ED) has issued a Look Out Circular (LOC) against industrialist Anil Ambani in connection with an ongoing investigation into an alleged Rs 17,000-crore loan fraud case, sources said. LOC is issued to prevent a person from leaving the country while the probe is underway. The ED has not released an official statement on the matter yet. Also Read | Anil Ambani in Trouble: ED Issues Look Out Circular Against ADAG Chairman in INR 17,000 ...Read More >
New Delhi, August 1: A Look Out Circular (LOC) was issued on Friday against Anil Dhirubhai Ambani Group (ADAG) Chairman Anil Ambani, on the request of the Enforcement Directorate (ED), in connection with an alleged Rs 17,000-crore loan fraud case. Anil Ambani has been asked to appear at the ED headquarters in the national capital on August 5, according to people familiar with the matter. Last week, the agency carried out searches across 35 locations in Mumbai linked to Anil Ambani's Reliance Gr ...Read More >
Mumbai: The Enforcement Directorate (ED) has issued a Look Out Circular (LoC) against Anil Ambani, chairman of the Anil Dhirubhai Ambani Group (ADAG), in connection with its ongoing probe into an alleged Rs 17,000-crore bank loan fraud case. The LoC was issued on Friday at the request of the federal financial probe agency to prevent Ambani from leaving the country without prior clearance, senior officials confirmed. Ambani Summoned in ₹17,000 Crore Bank Fraud Investigation The ED has summoned ...Read More >
Lucknow, Jul 19 (PTI) The Uttar Pradesh Police on Saturday said they have busted a large-scale illegal religious conversion racket and arrested 10 people from six states. The probe began in Agra in March after two sisters -- aged 33 and 18 -- were reported missing. Investigations revealed that they were allegedly coerced into religious conversion and were undergoing radicalization, the police said. One of the sisters had also put a picture of a girl holding an AK 47 rifle as her profile pictur ...Read More >
MUMBAI: Stable asset quality and a spike in other income boosted the June quarter net income of Yes Bank by 59.4 percent year-on-year to Rs 801 crore. This is the bank's highest quarterly profit since its reconstruction in March 2020. The management led by chief executive Prashant Kumar attributed the rise net profit to strong growth in non-interest income, improved cost efficiency, and stable asset quality. Net interest income for the quarter rose 5.7 percent to Rs 2,371.5 crore, aided by an ...Read More >
New Delhi: When you apply for a credit card, you usually check things like the features, rewards, and which bank is giving you the card. But did you know that there's a situation where the bank really doesn't matter much? It sounds odd, but it's true -- this happens with RuPay credit cards! RuPay cards, made by NPCI, can be connected to UPI. Once you link your RuPay credit card to UPI, you can make payments through UPI just like you would from your bank. The main difference? Instead of the mone ...Read More >
Pune: The ongoing pre-non-interlocking and non-interlocking works to develop the Hadapsar railway station would affect trains' movement in the Daund-Pune section this week from Thursday till Sunday. A total of 17 trains, including DEMUs from Pune to Daund and Baramati to Pune, Pune-Harangul Express (01487), Harangul-Pune Express (01488), Solapur-Pune Intercity Superfast Express (12169) and Pune-Solapur Intercity Express (12170), would remain cancelled on Sunday (July 20), a railway official said ...Read More >
Mumbai: Sumitomo Mitsui Banking Corp (SMBC) has already applied to India's banking regulator to buy up to a 25% stake in Yes Bank, giving the Japanese lender sufficient headroom to immediately increase its ownership, one person directly aware of the details told ET. In May SMBC had said it will buy 20% from a clutch of local banks for which it had signed an agreement. "The SMBC application pending with the Reserve Bank of India seeks to buy up to a 25% stake in Yes Bank. That is different from ...Read More >
Chennai, Jul 15 (PTI) The ManipalCigna Health Insurance Company Ltd has planned to expand its footprint in Tamil Nadu with 10 more branches and add over 10,000 advisors across South India. ManipalCigna Health Insurance Company Ltd is a joint venture between Manipal Group, an eminent player in healthcare delivery and higher education and global health services company Cigna Healthcare. Also Read | Aadhaar Free Update: Government Requests Parents to Update Children's Aadhaar Biometrics Between A ...Read More >
New Delhi, July 15: The government on Tuesday urged parents and guardians to update their children's Aadhaar biometrics who have reached age seven. The Unique Identification Authority of India (UIDAI) reiterated the importance of completing the Mandatory Biometric Update (MBU) for children who have attained the age of seven but have not yet updated their biometrics in Aadhaar. UIDAI said it has started sending SMS messages to the mobile numbers registered in the Aadhaar of such children for comp ...Read More >
New Delhi, July 15 (SocialNews.XYZ) India's passenger vehicle sales crossed the one million mark in the April-June quarter (Q1) of 2025-26 with exports registering a double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. "Passenger Vehicles, comprising utility vehicles and cars, saw their highest ever exports in Q1 of 2025-26 of 2.04 Lakh units, registering a growth of 13.2 per cent over Q1 of 2024-25," according to the SIAM statemen ...Read More >
[MUMBAI] Sumitomo Mitsui Financial Group (SMFG) is considering making an additional US$1.1 billion investment in Indian lender Yes Bank, people familiar with the matter said, following a previous investment made by Japan's second-biggest bank two months ago. SMFG is seeking to acquire about 5 per cent of Yes Bank shares from US investment fund Carlyle Group and other minority shareholders, the people said, asking not to be identified because the deliberations are private. SMFG may also buy abou ...Read More >
Hyderabad: In a major breakthrough, the Hyderabad Cyber Crime unit arrested 25 cyber fraudsters across the country involved in 453 cases, including 66 cases in Telangana. The officials refunded Rs 72.85 lakh to the victims lost to cyber fraudsters in the month of June. The accused were involved in cases including Andhra Pradesh (17), Bihar (13) Chhattisgarh (2), Daman & Diu (3), Delhi (19), Gujarat (35), Haryana (6), Jharkhand (2), Karnataka (74), Kerala (28), Madhya Pradesh (7), Maharashtra (5 ...Read More >
New Delhi, July 9 (IANS) Although India Inc. witnessed a subdued dealmaking environment in Q2 2025 due to global uncertainty, signs of resilience are emerging, especially with foreign investors taking the lead in inbound M&A and public markets showing signs of revival, according to a Grant Thornton report released on Wednesday. As geopolitical headwinds ease, deal momentum is expected to pick up in the second half of 2025, buoyed by India's strong macroeconomic fundamentals and investor interest ...Read More >
New Delhi, Jul 9 (PTI) Merger & acquisition and private equity deals declined sharply by 48 per cent in value terms to USD 17 billion in April-June compared to the previous quarter due to mounting global uncertainties and a cautious investment climate, according to consultancy firm Grant Thornton Bharat. In volume terms, mergers and acquisitions (M&A) and PE deals dropped by 13 per cent to 582 in the second quarter of 2025 compared to the first quarter. India's M&A and private equity landscape ...Read More >
New Delhi, July 7 (SocialNews.XYZ) Fintech companies should leverage their strengths and innovation by not only extending financial services to the masses but also to develop robust solutions against fraud, hacking, and other cyber threats -- making greater use of emerging technologies like artificial intelligence (AI), a top government official said on Monday. With the country's digital payments ecosystem rapidly maturing, its influence has begun to extend beyond national borders, reaching Glo ...Read More >
Mumbai: Receivables Exchange of India Limited (RXIL) - India's leading Trade Receivables Discounting System (TReDS) platform, a joint venture promoted by SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, has successfully enabled MSME Invoice Financing of Rs 2 lakh crore. Since its inception in 2017, RXIL has witnessed remarkable growth in invoice financing, scaling from ₹2,000 crore annually to over ₹10,000 crore monthly. The RXIL TReDS platform has facilitated financing ...Read More >
NEW DELHI: The Nifty Realty index closed on a negative note on Tuesday. Shares of Raymond Ltd.(up 6.71 per cent), Sobha Ltd.(up 1.78 per cent), DLF Ltd.(up 0.68 per cent), Macrotech Developers Ltd.(up 0.53 per cent) and Oberoi Realty Ltd.(up 0.41 per cent) ended the day as top gainers in the pack. On the other hand, Brigade Enterprises Ltd.(down 1.35 per cent), Godrej Properties Ltd.(down 1.23 per cent), Prestige Estates Projects Ltd.(down 1.23 per cent), Phoenix Mills Ltd.(down 0.99 per cent) ...Read More >
NEW DELHI: The Nifty IT index closed on a negative note on Tuesday. Shares of MphasiS Ltd.(up 1.27 per cent) and Infosys Ltd.(up 0.32 per cent) ended the day as top gainers in the pack. On the other hand, Tech Mahindra Ltd.(down 0.94 per cent), Tata Consultancy Services Ltd.(down 0.94 per cent), HCL Technologies Ltd.(down 0.6 per cent), Wipro Ltd.(down 0.54 per cent) and Oracle Financial Services Software Ltd.(down 0.32 per cent) finished as the top losers of the day. The Nifty IT index close ...Read More >
NEW DELHI: The Nifty Auto index closed on a negative note on Tuesday. Shares of Balkrishna Industries Ltd.(up 1.29 per cent), Eicher Motors Ltd.(up 1.05 per cent), Maruti Suzuki India Ltd.(up 0.34 per cent), Ashok Leyland Ltd.(up 0.28 per cent) and Bajaj Auto Ltd.(up 0.28 per cent) ended the day as top gainers in the pack. On the other hand, Bharat Forge Ltd.(down 1.83 per cent), Samvardhana Motherson International Ltd.(down 1.74 per cent), Bosch Ltd.(down 1.12 per cent), TVS Motor Company Ltd ...Read More >
NEW DELHI: The Nifty Pharma index closed on a positive note on Tuesday. Shares of Laurus Labs Ltd.(up 2.93 per cent), Gland Pharma Ltd.(up 2.43 per cent), Biocon Ltd.(up 1.92 per cent), Zydus Lifesciences Ltd.(up 1.27 per cent) and Lupin Ltd.(up 1.19 per cent) ended the day as top gainers in the pack. On the other hand, Abbott India Ltd.(down 2.82 per cent), Ajanta Pharma Ltd.(down 2.78 per cent), J B Chemicals & Pharmaceuticals Ltd.(down 2.01 per cent), Alkem Laboratories Ltd.(down 1.83 per c ...Read More >
Mumbai, July 1: Recently, the Bombay High Court ordered Yes Bank to pay INR 50,000 to compensate Microfibers Pvt Ltd for delaying opening a bank account after insisting on an Aadhaar card. It is learned that the private bank insisted on an Aadhaar card despite the interim relief granted by the Supreme Court at the time. Although the private bank had complied and opened the account in January 2019, the bench of Justices MS Sonak and Jitendra Jain said that they had failed to do so between April a ...Read More >
NEW DELHI: The Nifty IT index closed on a positive note on Monday. Shares of MphasiS Ltd.(up 1.63 per cent), Coforge Ltd.(up 1.32 per cent), Tech Mahindra Ltd.(up 0.76 per cent), Tata Consultancy Services Ltd.(up 0.61 per cent) and Persistent Systems Ltd.(up 0.52 per cent) ended the day as top gainers in the pack. On the other hand, Infosys Ltd.(down 0.39 per cent) and Oracle Financial Services Software Ltd.(down 0.06 per cent) finished as the top losers of the day. The Nifty IT index closed ...Read More >
NEW DELHI: The Nifty Auto index closed on a negative note on Monday. Shares of Bosch Ltd.(up 1.31 per cent), Tube Investments of India Ltd.(up 0.88 per cent), Ashok Leyland Ltd.(up 0.48 per cent), Samvardhana Motherson International Ltd.(up 0.46 per cent) and Tata Motors Ltd.(up 0.17 per cent) ended the day as top gainers in the pack. On the other hand, Hero MotoCorp Ltd.(down 1.93 per cent), Maruti Suzuki India Ltd.(down 1.92 per cent), Balkrishna Industries Ltd.(down 0.76 per cent), TVS Moto ...Read More >
NEW DELHI: The Nifty Realty index closed on a negative note on Monday. Shares of Raymond Ltd.(up 13.63 per cent), Anant Raj Ltd.(up 2.25 per cent), Sobha Ltd.(up 0.74 per cent) and Brigade Enterprises Ltd.(up 0.05 per cent) ended the day as top gainers in the pack. On the other hand, Macrotech Developers Ltd.(down 2.68 per cent), DLF Ltd.(down 0.95 per cent), Godrej Properties Ltd.(down 0.82 per cent), Oberoi Realty Ltd.(down 0.69 per cent) and Phoenix Mills Ltd.(down 0.57 per cent) finished a ...Read More >
NEW DELHI: The Nifty Pharma index closed on a positive note on Monday. Shares of Natco Pharma Ltd.(up 4.78 per cent), Ipca Laboratories Ltd.(up 4.37 per cent), Laurus Labs Ltd.(up 3.29 per cent), Gland Pharma Ltd.(up 2.94 per cent) and Glenmark Pharmaceuticals Ltd.(up 2.49 per cent) ended the day as top gainers in the pack. On the other hand, J B Chemicals & Pharmaceuticals Ltd.(down 6.78 per cent), Dr. Reddy's Laboratories Ltd.(down 1.37 per cent), Sun Pharmaceutical Industries Ltd.(down 0.71 ...Read More >
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