CATEGORIES

ASSEMBLY POLLS: RESULTS WON'T HAVE IMPACT ON I.N.D.I.A. BLOC, SAYS PAWAR

Nationalist Congress Party chief Sharad Pawar on Sunday said the outcome of the Assembly elections in four states will not have any impact on the I.N.D.I.A. bloc, which comprises more than 25 opposition parties led by the Congress.

DELHI HIGH COURT ORDERED PRESERVATION OF CCTV FOOTAGE; PURDAHNASHIN MUSLIM WOMAN ALLEGED DETENTION INSIDE POLICE STATION

The Delhi High Court in the case Reshma v. The Commissioner Of Police observed and has ordered preservation of CCTV footage of cameras inside and around a police station in the city while dealing with the petition moved by a purdahnashin Muslim woman alleging that she was forcibly taken by the cops from her residence without her veil and was illegal detained in the police station.

BOMBAY HIGH COURT: ELECTRICITY CONNECTION ON PARTICULAR ADDRESS NOT PROOF OF OWNERSHIP. LEGALITY OF CONSTRUCTION

The Bombay High Court in the case High Court On Its Own Motion v. State of Maharashtra through Principal Secretary and Ors., observed and has held that an electricity bill or connection on a certain address is not proof of ownership or legality of construction.

Haryana BJP celebrates victory surge after impressive state election results

BJP is poised for a hat-trick victory in Haryana, creating historical significance with a resounding triumph in the upcoming assembly elections.

Himalayas need help, COP28 talks must respond, says U.N. Chief Guterres

Warning of a potential catastrophe in the Himalayas where the glaciers are melting at an alarming rate, UN chief Antonio Guterres on Saturday said the ongoing annual climate talks here must respond to the needs of the developing nations, especially the vulnerable mountain countries that need urgent help.

IMF ED KV SUBRAMANIAN PRAISES INDIA'S GST REVENUE AND ROBUST GDP GROWTH

He highlighted the robust 7.7 per cent GDP growth in the first half of the year, projecting a 7 per cent growth for the entire financial year

Wipro Consumer Care-Ventures unveils Rs 2.5 billion fund for startups

Wipro Consumer Care Ventures, the venture funding arm of Wipro Consumer Care & Lighting, is set to launch 'Fund II,' a robust Rs 250 crore fund dedicated to investing in and supporting consumer startups in India and Southeast Asia. The focus of Fund II remains on identifying and investing in innovative companies that address consumer needs, emphasizing a commitment to longterm growth and fostering a strong governance mindset.

FINANCIAL MKT INFRA FIRMS POISED FOR STRONG 2024 PERFORMANCE, FITCH RATINGS AFFIRMS

Fitch emphasizes that fiscal policy's role has been expanding steadily for over a decade, a trend set to continue in 2024

CM Manik Saha to purchase 40,000 MT paddy from farmers at MSP

The Tripura government set a target purchasing 40,000 metric tons of paddy from farmers at the minimum support price during the kharif season. Paddy will be purchased at the rate of Rs 21.83 per kg, said a press release issued by the government.

K'TAKA EYES RS 1.4 LAKH CRORE INVEST YEARLY TO BOOST STATE ECONOMY

The state has garnered big-ticket investment proposals from prominent entities such as Foxconn, IBC, AMD, Qualcomm, Applied Materials, Marubeni, and Tata Technologies

LIC plans to set up office in GIFT City during FY24

Life Insurance Corporation Life (LIC) is planning to open office in GIFT International Financial Services Centre Gandhinagar (Gujarat) during the current fiscal to further its overseas business.

5% biogas blend to slash $1.17B in LNG imports: IBA report

The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA).

Foreign investors infuse Rs 90B in equities in Nov; inflow in debt at 6-yr high

Foreign Portfolio Investors (FPIs) resumed their position as net buyers in the Indian stock markets in November, injecting a substantial Rs 9,000 crore into the market.

India's emission intensity reduced by 33% between 2005-2019

India has successfully reduced its GDP emission intensity by 33% between 2005 and 2019, achieving this milestone 11 years ahead of schedule, according to a government report presented at the ongoing climate talks in Dubai.

Mkt-cap of 9 of 10 most valued firms up rs 1.30 trn

Last week witnessed a positive upswing in the stock market, reflected in the combined market valuation surge of Rs 1,30,391.96 crore among the top-10 most valued firms, excluding Reliance Industries. The BSE benchmark recorded a notable increase of 1,511.15 points or 2.29%.

INDIA'S ENERGY DEMAND TO DOUBLE BY END OF DECADE: MUKESH AMBANI

India, ranked as the world's third-largest energy consumer, is poised to witness a doubling of its energy requirements by the end of the decade, fueled by an unprecedented surge in economic growth, according to Mukesh Ambani, the country's wealthiest individual, on Saturday.

WIPRO CONSUMER CARE VENTURES LAUNCHES SECOND FUND WITH RS 250 CRORE CORPUS

Wipro Consumer Care – Ventures, the venture funding arm of Wipro Consumer Care and Lighting, on December 2 said it has launched the second fund with a corpus of Rs 250 crore. The Fund II will focus on investing in consumer startups in India and Southeast Asia, a company statement said.

COMMERCIAL COAL MINES RISE FROM 37% TO 11.9 MT IN NOVEMBER

The government on Saturday said coal production from captive, commercial coal mines registered a 37 per cent rise to 11.94 Million Tonnes (MT) in November. The coal output from captive, commercial coal mines was at 8.74 MT in November 2022-23.

India's tea production rises by 12.06% to 182.84 million kg

Tea production in the country increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year.

JIO AND TM FORUM OPEN FIRST INNOVATION HUB IN MUMBAI

TM Forum, the leading global alliance of telco and tech companies, and Jio, a subsidiary of Reliance Industries Limited, held the opening ceremony for the first TM Forum Innovation Hub, located in Mumbai, on Friday.

Dindoshi court adjourns bail hearing of RPF constable Chetan Singh to Dec 8

Dindoshi Sessions Court in Mumbai has postponed the hearing of bail application of a dismissed Railway Protection Force (RPF) constable, Officer Chetan Singh who is accused of killing three passengers and an assistant sub-inspector (ASI) of the RPF , court fixed the December 8 for next hearing.

MALEGAON COURT GRANTS BAIL TO SHIV SENA LEADER SANJAY RAUT

Malegaon (Maharashtra) court on Saturday granted bail to Shiv Sena (UBT) leader Sanjay Raut in a defamation case filed by state PWD and Nashik guardian minister Dada Bhuse.

ED FILES CHARGESHEET AGAINST AAP LEADER SANJAY SINGH

The Enforcement Directorate (ED) on Saturday filed a sup- plementary prosecution complaint (Chargesheet) against Aam Aadmi Party (AAP) leader Sanjay Singh and his alleged associate Sarvesh Mishra in a money laundering case related to the Excise policy case.

Omega Seiki Mobility inaugurates COCO service centre

Omega Seiki Mobility has inaugurated its companyowned-company-operated (COCO) service centre for their electric vehicles which is green energy powered so as to facilitate a sustainable future for EV users nationwide.

HONDA, TOYOTA, AND M&M WITNESS SUV SALES SURGE

India’s 31-day festive season went well for the automobile industry with SUVs offering growth acceleration.

PRE-VIBRANT SUMMIT EXPORTERS' CONFERENCE IN AHMEDABAD ON DEC 5 SET TO IGNITE GROWTH

In anticipation of the 10th edition of the Vibrant Gujarat Global Summit 2024, the Exporters’ Conference, themed ‘ExportEXCELerate: India’s Export Revolution for Viksit Bharat @ 2047,’ is slated to unfold here on Tuesday.

KROSS FILES RS 500 CRORE IPO PAPERS WITH SEBI

Kross Ltd — a specialist in manufacturing forging components for top OEMs — has filed preliminary papers with capital markets regulator Sebi to raise Rs 500 crore through an Initial Public Offering (IPO).

Tata Power acquires Bikaner, Neemrana transmission project

Tata Power on Saturday said it has acquired Bikaner-Neemrana Transmission Project through a bidding process. Bikaner-III Neemrana-II Transmission Ltd is a special purpose vehicle (SPV) set up by PFC Consulting, for the project.

INDIA, US AGREE TO STEP UP COOPERATION ON SEMI-CONDUCTORS, SUPPLY CHAIN, MINERALS

India and the US have agreed for closer engagement and cooperation on supply chain, semiconductors, pharma, critical minerals and energy during a review of the India-US CEO Forum which saw India and American industry leaders expressing deep commitment in expanding the bilateral commercial ties. The review will lay the groundwork for concrete initiatives to be unveiled at the upcoming CEO Forum meeting in early 2024.

INDIA'S MANUFACTURING PICKS UP GROWTH ON ROBUST ORDERS, AMID INFLATION WORRY

The Indian manufacturing industry picked up growth in November, after slowing in October, as output gathered pace on strengthening client demand, more favourable input supply and boost in production volumes.