Mauritius FPIs named by Hindenburg challenge SEBI norms as deadline looms

Two Mauritius-based foreign portfolio investors (FPIs), who were linked to Adani Group in the January 2023 Hindenburg report, have petitioned the Securities Appellate Tribunal, seeking urgent relief from complying with Sebi's new foreign investor norms, court filings accessed by Moneycontrol showed. Both entities filed the case and paid the fee to SAT on August 19, filings showed.

Forex reserves hit fresh high of $684 bn

India's foreign exchange reserves increased by USD 2.299 billion, reaching a fresh record high of USD 683.987 billion, during the week that ended on August 30, according to data released by the Reserve Bank of India on Friday.

Vaishnaw, Anil Kapoor in Time magazine's AI list

100 most influential people

Gilts end steady on caution before US payrolls report

Prices of government bonds ended steady due to caution ahead of the US non-farm payrolls report for August, which was released after market hours on Friday, dealers said.

Sebi to tighten derivatives rules despite investor pushback

CURBING RETAIL INVESTOR SPECULATION

'Food inflation to moderate, but any monsoon surprise may trigger it upwards'

Food inflation, which has moderated a bit lately is further expected to come down in the coming months, Union Bank of India noted in a report, citing progressing. Southwest monsoon and sufficient water in reservoirs across regions.

Carbon fibre to be produced by India: Giriraj Singh

Union Textiles Minister Giriraj Singh on Friday expressed confidence that the niche carbon fibre – which is used in aerospace, civil engineering and defence as an alternative to metal – will be produced by India in 2025-26.

Reliance Infra weighs EV push, taps former BYD executive

India's Reliance Infrastructure is considering plans to manufacture electric cars and batteries, and has hired a former India executive at China's BYD Co to advise on its plans, two sources briefed on the matter told Reuters.

Adani plans $10 bn semiconductor project

The Adani Group plans to invest Rs 83,947 crore (USD 10 billion) with Israeli partner Tower Semiconductor in setting up a chip manufacturing plant in Maharashtra, the state chief minister said.

Godfrey Philips shareholders okay reappointment of Bina Modi as MD

Shareholders of cigarette maker Godfrey Phillips India Ltd have approved the special resolution for the re-appointment of Bina Modi as Managing Director of the company with a majority of 86.6 per cent votes.

Spicejet plans to raise over ₹3,200 cr via debt, equity

Cash-strapped domestic carrier Spicejet plans to raise Rs 3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday.

Stalin signs MoUs for ₹850 cr with Lincoln Electric, Vishay Precision, Visteon

Tamil Nadu Chief Minister MK Stalin on Friday said that the state has secured MOUS (memorandum of understanding), worth Rs 850 crores with US-based companies Lincoln Electric, Vishay Precision, and Visteon.

PN Gadgil Jewellers' ₹1,100-crore IPO to open on September 10

Jewellery retail chain PN Gadgil Jewellers Ltd announced a price band of Rs 456-480 per share for its Rs 1,100-crore initial share sale and proceeds will be used for expansion plans and pare debt.

SC to list plea on insolvency proceedings against Byju's

The Supreme Court on Friday agreed to list for an early hearing the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm BYJU's and approving its Rs 158.9 crore dues settlement with the BCCI.

Meteorite, heat possible causes

Lunar seismic discovery

SP's chhoti bahu ko gussa kyun...

'Downgraded' Aparna Yadav has not taken charge as vice-chief of UP women's panel

ED raids Ghosh, aides' residences

The Supreme Court has dismissed RG Kar’s former principal Sandip Ghosh’s plea challenging Calcutta High Court’s order of CBI probe in the RG Kar Financial Irregularities Case.

PAC to decide on Buch appearance

'DISCREPANCIES' - Buch is facing allegations of conflict of interest over SEBI probe into Hindenburg's claims against Adani Group

Dissent in BJP spreads further

HARYANA POLL TICKET DENIAL

Fuel price hike: Cong slams AAP

'Bid to fund advt budget by squeezing middle class further'

Punjab farmers end protest as CM Mann assures agri policy

Farmers protesting against the alleged delay in implementation of Punjab's new agriculture policy ended their strike on Friday, a day after Chief Minister Bhagwant Mann assured them that a draft of the policy would be shared with them by September 30.

'Twice bitten' Nitish 'vows' to stay with NDA

POLITICAL GESTURE: RJD-wary Bihar chief minister made statement in Nadda's presence

UP achieves 'Top Achiever' position

Uttar Pradesh has been recognized as a \"Top Achiever\" in the Business Reforms Action Plan (BRAP) 2022, a prestigious distinction announced by Commerce and Industry Minister Piyush Goyal.

Goat theft suspicion: Bihar youth lynched

An irate mob lynched a youth and mercilessly thrashed another on the suspicion of being goat thieves in Bihar’s Begusarai on Friday.

Cracks in houses, temples & roads

JOSHIMATH-LIKE SUBSIDENCE - Bageshwar villagers blame soapstone mining

Rocket attack on Manipur ex-CM's house kills 1, hurts 5

Situation in violence-torn Manipur seems to be getting out of control. A priest was killed and five were injured in a rocket attack at the house of Manipur’s first CM M Koireng on Friday.

Dry spell enables PWD to fill potholes ahead of Chaturthi

SUBSTANTIAL STRETCHES OF ROADS COMPLETED

Govt mulls tie up with Amazon for e-bazaar

SAYS E-BAZAAR PLATFORM TO BE YEAR-ROUND FACILITY

Busy lifestyles spark surge in online Chaturthi shopping

Ganesh Chaturthi, the festival dedicated to Lord Ganesha, is traditionally celebrated with rituals and homemade sweets. However, recent times have seen a shift in how people purchase these festive essentials. Now, many opt to order sweets through third-party delivery apps, replacing the need to visit physical shops.

Tap & go: New ticketing tech set for launch by month-end

POLE MOUNT VALIDATORS PLANNED IN ALL E-BUSES