Sensex Down 100 Pts, Nifty Below 19,650; Motilal Oswal Up 8%

Following muted global cues, domestic markets opened Friday’s session on a dull note.

Thane man loses Rs. 37 Lac, liking Instagram photos

A man from Thane has lost a staggering Rs 37 lakh as a result of falling for a well-known work scam.

Shyam Metalics & Energy's Q1 net profit declines by 43%

In the April–June quarter of 2023–24, Shyam Metalics and Energy Limited (SMEL) reported a 43% decline in consolidated net profit at Rs 235 crore, mostly due to rising expenses.

AMD plans to invest Rs 3,300 Cr in India

AMD, a leader in high-performance adaptive computing, on Friday announced a five-year investment of USD 400 million (about Rs 3,300 crore) in India and the launch of Bengaluru’s 500,000-squarefoot R&D campus, which it claimed to be the company’s largest ever.

Max Life Selected as Lead Underwriter for UP in IRDAI's

The Insurance Regulatory and Development Authority of India (IRDAI) has named Max Life Insurance Company Ltd. (“Max Life” / “Company”) as the “Lead Insurer” for the State of Uttar Pradesh.

Poco introduces 1st Poco Pods earbuds, initial price of Rs 1,199

The Indian market, Poco has debuted Poco Pods, the company’s first true wireless earphones. On July 29, the earphones will be on sale for Rs 1,199 instead of the MRP of Rs 2,999.

RADIO CITY INCREASE REVENUE OF 20% AND EBITDA GROWTH OF 45%

For the first quarter of FY24, Radio City reported revenue growth of 20% and EBITDA increase of 45%.

Yatharth Hospital IPO subscriptions increases

The Rs 687-crore initial public offering (IPO) of Yatharth Hospital and Trauma Care Services saw a slight positive demand from the investors on the third and final day of the bidding. The issue was booked 1.51 times on day one, however, on the second day it was subscribed 5.25 times.

Air India soon to launch Delhi-Dhaka direct flight

Air India announced its plan to introduce a direct flight service that will connect Delhi and Dhaka.

Finance ministry backs regulatory impact assessments

On July 28, 2023, Union finance minister Nirmala Sitharaman pitched for a “regulatory impact assessment” to examine the positives and negatives of a decision before it is taken, and for existing rules.

INDIAN HOTELS SHARES AHEAD, ODI CRICKET WC & G20 SUMMIT

For the time being, Nuvama does not wish to assign a premium valuation to the stock

Vedanta talks with tech partner to set up semiconductor plant

Indian conglomerate Vedanta’s Chairman, Anil Agarwal, has announced ambitious plans to establish semiconductor manufacturing facilities in India.

Mukesh Ambani's Milkbasket to be rebranded as Jio Smart Daily

Mukesh Ambani, India’s wealthiest individual known for his astute business skills and successful investments, serves as the chairman of Reliance Industries, the country’s most valuable company with a market capitalization of Rs 17.69 trillion.

Adani Group eyes $750 million loan from foreign banks to reduce debt burden

Indian billionaire Gautam Adani, the chairman of the Adani Group, is currently in discussions with three foreign lenders to raise up to $750 million in order to refinance debt incurred during the acquisition of Ambuja Cements and ACC.

Delhi govt collects Rs 1,727cr in excise revenue in Q1

According to documents released by the Delhi government, the excise department recorded a remarkable increase in revenue collection during the last fiscal year, reaching Rs 6,815.49 crore (excise and VAT).

India, ADB sign $200m loan to expand urban' services

The Central government and the Asian Development Bank (ADB) have signed a USD 200 million loan agreement to provide additional financing for the Rajasthan Secondary Towns Development Sector Project.

INDIA'S AVIATION SEC SEES CONSOLIDATION AS 7 AIRLINES CLOSE DOWN IN 5 YEARS

Many A320 neo aircraft equipped with PW1100G-JM engines manufactured by Pratt & Whitney & operated by major Indian airlines IndiGo

UP govt eyes wider reach for 'Bal Shramik Vidya Yojana'

The Uttar Pradesh government is considering a proposal to expand the Bal Shramik Vidya Yojana scheme to help 5,000 children across all 75 districts in the state, according to officials.

'Sengol documentary produced by IGNCA'

The documentary on the history of the Sengol, which the government claimed signified the transfer of power from the British to independent India, relied on government records, institutional memory and contemporaneous media reports, Union Minister Anurag Thakur told Rajya Sabha on Thursday.

Govt delays accessibility guidelines for disabled people

Eleven ministries are yet to finalise their sector-specific accessibility guidelines for people with disabilities, the government said on Thursday.

'PM Modi accused of tarnishing democracy'

Congress president Mallikarjun Kharge on Thursday accused Prime Minister Narendra Modi of tarnishing democracy by not speaking in Parliament and instead making political speeches outside.

PM MODI SLAMS CONG'S 'RED DIARY' AS 'LOOT KI DUKAN'

It is said that the Congress' 'dark deeds' are recorded in the diary, PM Modi said at a rally in Sikar

SUPREME COURT: CONVICTION LIABLE TO BE SET ASIDE IF SAMPLES WERE NOT DRAWN IN MAGISTRATE'S PRESENCE AS PER SECTION 52A NDPS ACT

The Supreme Court in the case Simarnjit Singh V. State of Punjab observed and has reiterated that the process of drawing of samples as stated under Section 52-A of the Narcotics Drugs and Psychotropic Substances Act, 1985, NDPS Act has to be in the presence and under the supervision of the Magistrate.

KARNATAKA HIGH COURT: DIVORCE CASES SHOULD BE DECIDED BY FAMILY COURTS WITHIN ONE YEAR

The Karnataka High Court in the case N Rajeev AND C Deepa observed and has stated that the trial courts should make all the necessary efforts to try and dispose off matrimonial cases, wherein it involves the prayer for the dissolution or nullity of marriage, within an outer limit for the period of one year.

KERALA HIGH COURT ISSUED NOTICE TO GOOGLE, THE NEW INDIAN EXPRESS ON PLEA TO REDACT NAME AND IMAGES OF MAN ACQUITTED IN CHEATING CASE: RIGHT TO REPUTATION

The Kerala High Court in the case SSH (name with held) v. Union of India & Ors observed wherein the plea is moved by a person who is being acquitted in the case of cheating and is seeking to redact the name of him and other identities from the public domain.

Gujarat High Court: Dismissed Plea Seeking Implementation Of District Education Officer's Order To School For Refund of Additional Fees

The Gujarat High Court in the case Deepakkumar Hasmukhbhai Mahida Versus State Of Gujarat observed and has dismissed the plea moved seeking directions for implementation of a District Education Officer’s order for refund of the fees which is additionally being charged from the students by a school.

DELHI HIGH COURT TO UNION GOVT: ENSURE PERIODIC AUDIT, MAINTAIN HIGHEST STANDARDS OF SAFETY AND SECURITY AT RAILWAY STATION ACROSS COUNTRY

The Delhi High Court in the case Kush Kalra v. Union Of India And Ors observed and has directed the Union Government for ensuring the highest standards of safety and security at all the railway stations across the country after conducting the periodic audit of the said situation.

Relations with India key to Sri Lanka's economic growth: Minister

A close relationship with India is very important for Sri Lanka as it provides key support for the island nation’s future growth, State Minister of Foreign Affairs Tharaka Balasuriya said.

Pakistan's FBR freezes main airline accounts

Pakistan International Airlines (PIA), the country’s main airline is once again in hot waters as the Federal Board of Revenue (FBR) froze its account on the basis of non-payment of more than Rs 2 billion in taxes, according to media.

US Federal Reserves raised interest rate by 25 basis points

The United States Federal Reserves raised its benchmark interest rate by 25 basis points, the highest in the past 22 years, according to media.