Former Tech Mahindra India head, Jagdish Mitra, launches an AI startup with Rs 65-80 crore investment, emphasizing manufacturing, retail, and sportstech sectors. Operations to begin in three months, prioritizing a values-driven proposition.
Billionaire Ankur Jain and former WWE wrestler Erika Hammond tied the knot in a lavish ceremony at the Great Pyramids in Egypt, surrounded by approximately 130 guests. Their three-day safari excursion in South Africa, followed by the grand wedding in Egypt, was a celebration of love and adventure.
The death toll in Balochistan due to heavy rains and hailstorm has reached 22. Flash floods, urban flooding, and traffic jams have disrupted normal life in various districts, including Quetta.
Arvinder Singh Lovely has resigned as the chief of the Congress' Delhi unit and has not joined any other political party. He cited the compromise of Congress workers' ideals and the party's tie-up with the AAP in Delhi for the Lok Sabha polls as reasons for his resignation. The Delhi Congress unit was against the alliance, but the party high command went ahead with it.
"The operation was the epitome of inter-agency coordination wherein the Indian Coast Guard (ICG)Anti-terrorism Squad (ATS) and Narcotics Control Bureau (NCB) collaborated seamlessly which culminated in the successful operation," said the Indian Coast Guard.
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.
The National Company Law Appellate Tribunal (NCLAT) has dismissed all three applications by SBI against the liquidation value of IL&FS Tamil Nadu Power Company Ltd (ITPCL) provided by the debt-ridden firm's lead banker PNB. The tribunal found no error in fixing the liquidation value as of 30.09.2018, as per the RBI circular. Over 90% of lenders by value and 75% by numbers have already approved the ITPCL restructuring plan.
India sends sacred water from Sarayu river to Sri Lanka for Seetha Amma Temple's consecration, aiming to strengthen bilateral relations. The ceremony signifies the spiritual and cultural bond between the two nations, with Mahant Shashikant Das praising Prime Minister Narendra Modi's contributions.
Lenders of Reliance Capital urge IndusInd International Holdings Ltd (IIHL) to accelerate regulatory approvals for the resolution plan, emphasizing the May 27 deadline. IIHL is expected to pay Rs 9,650 crore by then. Delays in IRDAI approval for the transfer of insurance businesses raise concerns over meeting deadlines.
At the WHCA dinner, Biden humorously criticized Trump, joked about age and election, amidst Israel-Hamas war protests, his VP's endorsement, and a comedic roast by Colin Jost, with no direct mention of conflicts or protests in his speech.
RBI sets criteria for small finance banks to become universal banks, with benefits like improved branding and regulatory advantages. Criteria include Rs 1000 crore net worth, low non-performing assets, profitability, and listing requirements.
State assemblies in India met for an average of 22 days in 2023, with an average duration of five hours. Seven states continued sessions for over six months without proroguing them, with long gaps between sittings. The Constitution mandates state legislature sessions to be held at least once every six months. Almost 62% of sittings were held during the budget session. In 2023, over 500 bills and state budgets worth over Rs 53 lakh crore were passed.
The ePlane Company, from IIT Madras, aims to develop a flying electric taxi prototype by March, along with drones commercialization and eVTOL aircraft to alleviate urban congestion. InterGlobe Enterprises and Archer Aviation plan an all-electric air taxi service in India.
Arvind Kothari draws parallels between crafting investment portfolios and selecting cricket teams, advocating a mix of specialists, all-rounders, and x-factor options to navigate market dynamics and outperform the competition. "Our investment portfolio primarily focuses on high-growth sectors that have significant potential for future growth and are expected to perform well, such as Make in India, Recycling Trends, Energy Transition, Consumption, and Defense, among others."
The Kerala Congress alleges severe mismanagement in the April 26 Lok Sabha polls, urging the Election Commission to conduct a comprehensive inquiry. Citing delays, voter list discrepancies, and EVM malfunctions, they criticize officials' lackluster attitude. However, the Chief Electoral Officer defends the process, citing satisfactory completion and improved EVM performance.
Ajit Agarkar, the chairman of the national selection committee, is set to meet with skipper Rohit Sharma in New Delhi to discuss the potential 15-member squad for the T20 World Cup in the USA. The formal announcement is scheduled for May 1, aligning with the ICC event's cut-off date. The focus remains on Hardik Pandya's bowling fitness, with Tilak Varma emerging as a potential wildcard.
Banerjee condemns Congress-CPI(M) for supporting BJP in Bengal, vows TMC's solo fight. Criticizes Modi, mentions SSC recruitment issue, and TMC's role in INDIA alliance. Alleges collusion on teaching job matters.
Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has clarified that the Sangh has always supported quotas as guaranteed and sanctioned under the Constitution. Speaking at an event to mark the inauguration of Vidya Bharati Vignana Kendra (VBVK) in Hyderabad, Bhagwat defended the Sangh's stance on reservations, stating that the Sangh has always stood for them as long as necessary for those who need it.
Domestic benchmark equity indices experienced a decline on Friday, primarily due to weakness in the financial sector. However, these losses did not overshadow the weekly gains, which were fueled by a post-results rally in key index constituents and reduced concerns regarding the Middle East.
Defence Minister Rajnath Singh assures talks with China are progressing positively, emphasizing India's unwavering stance. He asserts India's strengthened military position and commitment to fostering good relations with neighbors. Singh highlights significant growth in defence exports and reaffirms the government's dedication to indigenous defence production, marking achievements in this sector
The mango is regarded as the king of fruits, a regal delicacy that often comes to mind on bright, sunny days.
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