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Zee may be open to bigger share sale
The statement along with the appointment of LionTree, led by prolific media and telecom deal-maker Aryeh Bourkoff, and Goldman Sachs as advisors, appeared to convince market mavens that the Chandra family is eyeing a large deal with US cable and media behemoths like Charter Communications and Comcast. -
Toyota Launches New Automatic Variant of Rumion; Check What's New
Toyota Rumion is a 1.5-litre naturally aspirated petrol engine capable of producing 103bhp power and 137Nm torque. -
Despite withdrawal of Rs 2,000 notes, cash in circulation more than doubles since FY17
The amount of cash in circulation in India has more than doubled since the year of demonetisation and the launch of UPI, despite the removal of Rs 2000 notes. Cash payments remain a vital component alongside digital transactions, with significant growth in UPI transactions post-COVID-19. -
Bank holidays in May 2024: Which states have bank closures on May 1?
Indian banks will observe multiple closures in May 2024 for up to 14 days, covering various state-specific and national events, including Maharashtra Day, International Workers' Day, and Lok Sabha General Elections among others. -
Markets Rebound Sharply On Buying In Bank Stocks Firm Global Trends
The 30-share BSE Sensex jumped 941.12 points or 1.28 per cent to settle at 74,671.28. During the day, it zoomed 990.99 points or 1.34 per cent to 74,721.15. -
Force Gurkha 5- Door Unveiled In India; Check Design, Features, And Other Details
Force Gurkha 5-Door features a 9-inch touchscreen infotainment system. It offers Apple CarPlay and Android Auto connectivity and a digital instrument cluster.
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Mutual Fund KYC issues: What problems are MF investors facing with new rules and how they can check their KYC status
Mutual Fund KYC issues: Records of many investors, particularly old-timers who completed KYC using documents other than PAN or Aadhaar, could not be validated. As a result, these investors have been requested to redo their KYC. -
Centre allows export of 99,150 MT of onion
The government has permitted the export of 99,150 metric tons of onions to six neighboring countries, including Bangladesh, UAE, Bhutan, Bahrain, Mauritius, and Sri Lanka. This decision follows the imposition of restrictions on onion exports to maintain sufficient domestic supply, given projections of reduced Kharif and Rabi crops for 2023-24 and heightened international demand. -
ICICI Bank share price today: Market capitalisation crosses Rs 8 lakh crore mark; here’s why
ICICI Bank, the second-largest private lender in India, saw its market capitalisation surpass 8 lakh crore on Monday as its shares surged to a new 52-week high of Rs 1,155.65 on the NSE. -
Hot jobs alert! Why companies are rushing to recruit CAIOs in India - what the job profile entails
Leading companies in India are actively seeking Chief AI Officers (CAIO) to manage their AI operations and plan for the future. Job portals and headhunters are overwhelmed with requests for AI leadership roles. The demand for CAIOs is expected to grow rapidly in the next 18 months due to the increasing adoption of AI technology in businesses across various industries. -
Breaking: Local Train Derails At Chhatrapati Shivaji Terminus; Harbour Line Services Affected
The Harbour Line services of the Central Railway were severely affected after the coach of a local train derailed at the Chhatrapati Shivaji Maharaj Terminus (CSMT)
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ONDC storefronts on Amazon, Flipkart soon? Government-backed network seeks e-commerce sites’ assistance to scale up operations
The Centre has asked Amazon and Flipkart to establish Open Network for Digital Commerce (ONDC) storefronts on their home pages to support the government-backed network in expanding operations and aiding with deliveries. ONDC is in active discussion with Amazon and Flipkart for phased participation, with results expected soon. -
Splendid Performance! This Hero Motorcylce Tops Sales Chart Again
Splendor has yet again managed to be the best-selling motorcycle and remained number 1 in March 2024.
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Indian Railways on track to establish 100 Gati Shakti Cargo Terminals ahead of schedule; eyes target of 200 now
Indian Railways is making progress in setting up Gati Shakti Cargo Terminals to boost freight operations and revenue generation. The Gati Shakti Cargo Terminal is designed for non-passenger commercial purposes, such as freight, and is established under a new policy that facilitates the monetization of unused railway land. -
BSE shares plunge 19%; see biggest single-day drop since listing - here’s why
BSE's 19% NSE drop due to SEBI's fee issue. Historical premium payment for derivative contracts. United Stock Exchange merged with BSE. Regulatory fees may amount to Rs 68.64 crore + GST. -
This Airport Will Be Equal To Over 12,000 Football Fields Together; Know All About World's Largest Airport Coming Up In Dubai
Sheikh Mohammed said that the Al Maktoum International Airport will be 5 times the size of the Dubai International Airport and all operations at Dubai International Airport will be transferred to it in the coming years. -
Bank Holidays May 2024: Banks To Be Closed For Upto 15 days In May, Check City-Wise List
If you are planning to visit your bank branch for any important work next month, you must note down the number of days when branches will be closed in various cities in the month of May 2024. -
Beat this! NPS funds are delivering higher returns than mutual fund schemes - check returns over years
NPS debt funds have also demonstrated superior performance compared to mutual fund debt schemes. In the previous year, the NPS Tier II Gilt and Corporate Bond funds have generated higher returns than the average long-duration debt fund and corporate bond fund. -
What are Tata Sons Chairman N Chandrasekaran's top 3 focus areas for 2024?
Tata Sons chairman N Chandrasekaran has expressed a bold growth target for group chief executives, encouraging them to increase their efforts in driving growth and creating more momentum in important sectors such as electronics, electric vehicles, batteries, and steel in 2024. Chandrasekaran has established ambitious revenue goals during his second term as chairman. -
Mahindra XUV 3XO Launch Live Today; What We Know So Far
Mahindra XUV 3XO Launch Live: Mahindra XUV 3XO teaser revealed that the vehicle will boast a dual-zone automatic climate control system. -
National highways to soon have self-healing roads? NHAI explores ‘ingenious’ methods to address issue of potholes
National Highways Authority of India (NHAI) is exploring a new technology for roads that can self-heal, potentially reducing accidents and fatalities caused by potholes. The innovative method involves using asphalt that has the ability to repair itself, increasing road durability and minimizing maintenance needs. Learn more about this groundbreaking approach to road construction in India. -
Boost for Tesla: Elon Musk's China visit helps EV maker clear key regulatory hurdles for self-driving software
Tesla has made significant progress in overcoming regulatory obstacles to launch its Full Self-Driving software in China, following Elon Musk's visit to the country. The collaboration with Baidu and compliance with data security requirements are key developments for Tesla's expansion in its second-largest market. -
'DISGUSTING, SHAMELESS': Bombay Shaving Company Faces Massive Flak For Tasteless Advertisement On UP Board Topper Prachi Nigam
In the newspaper advertising, the company addresses the bullying young Nigam over her facial hair, however social media tends to disagree. -
EPFO Update: How To Check PF Balance In 4 Easy Ways, Details Here
As EPFO members are waiting to know their interest credit status, here are 4 ways to check PF Balance --Online, SMS, Missed Calls, Umang App. -
Stock market today: BSE Sensex surges 300 points to above 74,000 level; Nifty50 near 22,500
Stock market today: BSE Sensex and Nifty50, the Indian benchmark equity indices, moved up in trade on Monday. BSE Senses surged 300 points and Nifty50 was near 22,500. -
Yen sinks to 34-year low past 160 per dollar
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. "Markets appear to be trying to push dollar-yen towards 160 in the absence of official intervention," said Vishnu Varathan, at Mizuho Bank. -
Why Motilal Oswal's CIO is bullish on telecom stocks
India's telecommunications sector is poised for a resurgence, driven by anticipated tariff increases and the adoption of high-speed networks, which are expected to boost revenue, according to a leading fund manager. Niket Shah, chief investment officer at Motilal Oswal Asset Management Co, predicts that "We are likely headed for a large hike in tariffs." -
Private banks grapple with rising IT expenses amid surge in transactions
Private banks are experiencing a significant increase in information technology expenses as most transactions are now conducted digitally. Unlike the one-time capital expenses incurred when they migrated to core banking, IT is now becoming a recurring cost accounting for up to 10% of operating expenses. Bankers have responded to queries about their level of IT capabilities in light of the RBI action on Kotak Mahindra Bank freezing digital onboarding and issuing credit cards. -
Days after putting off trip to India, Musk visits China, meets Premier Li
On a surprise visit to Beijing amid speculation that he may unveil Tesla's autonomous driving technology in the burgeoning electric vehicle (EV) market in China, billionaire Elon Musk on Sunday met Chinese Premier Li Qiang and discussed future expansion plans for his automobile. Li told Musk that China's huge market will always be open to foreign-funded enterprises. -
'Safety breeds confidence and progress': FSII's focus on culture in seed industry
On the International Day of Safety & Health at Work, the Federation of Seed Industry of India (FSII) reiterated its commitment to upholding the utmost safety standards for workers and operators involved in seed treatments, production, and distribution. The executive director of FSII assured policymakers and other stakeholders of the organisation's compliance with world-class safety protocols.
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