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System User
Delta Corp announces 70% QoQ decline in net profits; slips 5.8%
Delta Corp Limited, incorporated in 1990, operates in the live, electronic, and online gaming industry in India. Its shares fell by 5.8% to an intraday low of ₹134.55 after releasing Q1FY25 results. Revenue tumbled by 30% to ₹180.65 crore, and net profits decreased by 68% to ₹21.68 crore.
https://tradebrains.in/features/small-cap-stock-falls-5-8-after-it-announces-70-qoq-decline-in-net-profits/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/vwuch
2024-07-10T10:50:16.000Z
800
business
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Pragya Swastik
Patanjali fined ₹50 lakh for defying order on camphor sale
Baba Ramdev's Patanjali Ayurved has been fined ₹50 lakh by the Bombay High Court for defying an order in a camphor trademark battle. Mangalam Organics took Patanjali Ayurved to court for copying their camphor products. Despite the court's August 2023 order to stop selling the products in question temporarily, Patanjali kept selling these products, totalling ₹49.5 lakh in sales.
https://www.ndtvprofit.com/law-and-policy/patanjali-ayurved-fined-rs-50-lakh-by-bombay-high-court?src=p2&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/jNEKB
2024-07-10T10:48:08.000Z
800
business
business
'Such persistent breach can't be tolerated'
Justice RI Chagla said
System User
X-Press Feeders launches Europe's 1st methanol maritime network
X-Press Feeders has launched Europe's first feeder network powered by green methanol, reducing greenhouse gas emissions by up to 65%. The first dual-fuel vessel, Eco-Maestro, was christened in Rotterdam. This sustainable initiative aligns with the EU's emissions trading scheme and supports decarbonizing the maritime industry, marking a significant milestone in sustainable shipping.
https://www.logisticsandscm.com/ports-shipping/x-press-feeders-launches-europes-first-methanol-powered-maritime-network?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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https://shrts.in/aPDjw
2024-07-10T10:37:40.000Z
800
world, business, national
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System User
DoP to set up geo-coded address system for logistics efficiency
The Department of Posts is launching a geo-coded addressing system to enhance logistics efficiency in India. This initiative aims to simplify service delivery and boost logistics. Union Minister Jyotiraditya Scindia reviewed the 100-day action plan, which includes trials across India and partnership with the National Institute of Urban Affairs and ISRO for precise mapping and addressing solutions.
https://www.logisticsandscm.com/logistics/department-of-posts-to-establish-geo-coded-addressing-system-to-improve-logistics-efficiency?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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https://shrts.in/zZ4Lv
2024-07-10T10:29:32.000Z
800
business, national
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System User
Russia-India to strengthen ties to build resilient supply chain
Prime Minister Narendra Modi's visit to Russia on July 8-9, 2024, marked a significant step in bolstering Indo-Russian ties. The leaders set an ambitious bilateral trade target of USD 100 billion by 2030, focusing on enhancing supply chains, industrial cooperation, and technological partnerships. Key discussions included transport connectivity and the potential for FTAs to simplify trade.
https://www.logisticsandscm.com/business/russia-india-agree-to-strengthen-ties-to-build-resilient-supply-chain?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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https://shrts.in/MjvTo
2024-07-10T10:22:42.000Z
800
politics, world, business, national
null
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Daisy Mowke
Zepto sells 100 gram coriander for ₹131, criticised
A Gurugram resident shared a screenshot of 100 gram coriander leaves priced at over ₹100 on Zepto. The post, shared on July 8, shows locally sourced and premium aromatic coriander leaves, priced at ₹131 and ₹141, respectively. ""Let's buy from local vendors...and help them grow instead,"" a person commented. ""There's a thin line between affordability and accessibility,"" another comment read.
https://www.ndtvprofit.com/amp/business/zepto-under-fire-for-selling-coriander-at-rs-140-per-100-grams-in-gurgaon?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/D4jbZ
2024-07-10T10:39:00.000Z
800
business, national
business, national
'I am going to start growing things at home'
Another X user commented
Debaroti Adhikary
What is confidential IPO filing and why do some companies do it?
SEBI in 2022 introduced confidential filing of draft IPO papers by companies who want to launch IPO but wish to keep information private till its final papers are submitted. This reportedly keeps sensitive information safe from competitors and protects companies' interests even if they later call off IPO. So far, Tata Play, Oyo and Swiggy have opted for such filing.
https://www.moneycontrol.com/news/business/ipo/vishal-mega-mart-weighing-confidential-filing-of-ipo-papers-fourth-after-tata-play-oyo-swiggy-12765928.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Moneycontrol
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https://shrts.in/i9B4U
2024-07-10T10:20:59.000Z
600
EXPLAINERS, business, FINANCE
business, FINANCE
'Vishal Mart plans confidential filing of IPO'
A report said
Pragya Swastik
Mass layoffs at PwC in China
PricewaterhouseCoopers (PwC) is cutting staff across China after losing several corporate clients, Bloomberg reported. At least 100 employees from different teams at PwC China's offices in Beijing, Shanghai and other locations are reportedly being laid off. ""In light of changes to the external environment, we're making some adjustments...These adjustments are a difficult decision,"" PwC said.
https://www.hindustantimes.com/business/pwc-layoffs-mass-job-cuts-at-company-after-exodus-of-clients-in-china-101720602086203-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/FHKBX
2024-07-10T10:06:23.000Z
800
business
business
More than half of one team was laid off
Final tally of job cuts wasn't immediately clear
Debaroti Adhikary
Adi-Nadir Godrej family buys ₹3,803-crore Godrej Industries stake
The Adi-Nadir Godrej family has bought 12.65% stake in Godrej Industries for ₹3,803 crore from RKN Enterprises. Notably, RKN Industries is owned by Rishad K Naoroji, a cousin of Adi Godrej. The transactions, which were conducted through a block deal on July 8, included Adi Godrej's children Pirojsha Adi Godrej and Nisaba Godrej.
https://indianexpress.com/article/business/economy/adi-nadir-godrej-family-buys-stake-worth-rs-3803-crore-in-godrej-industries-9441164/lite/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
The Indian Express
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https://shrts.in/D7gc5
2024-07-10T09:53:55.000Z
600
business
business
Adi, Nadir kept Godrej Industries during split
Godrej family amicably split 127-year-old group
System User
Asian Paints hikes prices of its entire product range; jumps 3.7%
Shares of Asian Paints Limited jumped 3.7% to ₹3,014.4 on BSE, after the company implemented a marginal price increase of 0.7-1% across its entire product range, according to CNBC reports. This adjustment is in response to heightened input costs due to input cost inflation, a common strategy among paint manufacturers facing rising prices.
https://tradebrains.in/features/paint-stock-jumps-3-after-company-hikes-prices-of-its-entire-product-range/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/pXkBc
2024-07-10T09:32:33.000Z
800
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System User
Young techies should come in kurtas to office: Bhavish Aggarwal
In an interview on July 8, Ola CEO Bhavish Aggarwal urged Indians to embrace kurtas over Western attire for comfort and elegance. He emphasised kurtas as a unique Indian fashion statement, especially for young tech professionals. The podcast quickly gained traction, with many agreeing with Aggarwal. He also advocated for greater autonomy in AI, criticising Western tech dominance.
https://startuppedia.in/trending/trending/young-pros-should-come-in-kurtas-to-offices-olas-bhavish-aggarwal-5556537?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Startup Pedia
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2024-07-10T09:03:19.000Z
800
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System User
Mehai Technology received an order worth 12x of its market cap
Shares of Mehai Technology Ltd opened Wednesday's trading at ₹30.75, marking a 2% upper circuit from the previous close. This surge followed the company's announcement of securing a ₹855 crore order from SEPL to supply 3 lakh solar street lights under Bihar's 'Mukhyamantri Gramin Solar Street Light Yojana', including design, installation, and a 5-year maintenance contract with RM Sintegration.
https://tradebrains.in/features/penny-stock-hits-upper-circuit-after-receiving-an-order-worth-12x-of-its-market-cap/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/euRHg
2024-07-10T08:59:40.000Z
800
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System User
Tata-owned Air India gets 1st ever A320 Neo narrow-body aircraft
Air India, owned by the Tata Group, received its first A320 Neo aircraft with new livery at Indira Gandhi International Airport, New Delhi. The aircraft features a three-class configuration, including business, premium economy, and economy classes. Expected to enter service in August 2024, this addition marks a significant step in Air India's transformation under Tata's ownership.
https://trak.in/stories/tata-owned-air-india-gets-1st-ever-airbus-a320-neo-narrow-body-aircraft/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trak.in
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https://shrts.in/EwdMa
2024-07-10T08:51:03.000Z
800
business
null
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System User
Almondz Global announces 1:6 stock split; hits 5% upper circuit
Almondz Global Securities Limited engaged in the business of providing financial broking, advisory, consultancy, and other services hit a 5% upper circuit in the day’s trade upon announcing July 23, 2024, as the record date for the split of equity shares of the company in the ratio of 1:6.
https://tradebrains.in/features/stock-hits-5-upper-circuit-after-it-announces-16-stock-split-check-the-record-date-here/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/YRWQi
2024-07-10T08:42:01.000Z
800
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System User
UiPath to lay off 10% workforce amid restructuring
US-based AI and business automation software company UiPath announced to lay off around 10% of its total workforce. The decision of UiPath layoffs was taken as the company adopted broader restructuring plan to streamline operations and corporate functions. The UiPath job cuts would affect nearly 420 employees.
https://www.latestly.com/technology/uipath-layoffs-us-based-ai-and-business-automation-software-company-to-reduce-10-of-its-workforce-amid-restructuring-6099575.html?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Latestly
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https://shrts.in/77P8p
2024-07-10T08:26:04.000Z
800
world, business, technology
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Debaroti Adhikary
Vishal Mega Mart plans confidential filing of IPO papers: Report
Fashion-led hypermarket Vishal Mega Mart is planning to confidentially file draft papers for its initial public offer (IPO) with SEBI, Moneycontrol reported. This would then mark the fourth instance of confidential IPO filing after Tata Play, Oyo and Swiggy, the report added. Vishal Mega Mart plans to raise ₹6,260 crore-₹8,348 crore through the IPO, the report added.
https://www.hindustantimes.com/business/vishal-mega-mart-weighing-confidential-filing-of-ipo-papers-report-101720597765473-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/NNpcp
2024-07-10T09:18:02.000Z
600
business, FINANCE
business, FINANCE
'IPO papers likely to be submitted in 7-10 days'
Tap to know what more the report said
Shreyasi Banerjee
SC stays Gujarat HC order to reclaim 108 hectares land given to Adani Ports
In a relief to the Adani Group, the Supreme Court on Wednesday stayed the Gujarat High Court's decision to allow the Gujarat government to return 108 hectares of grazing land to villagers near Mundra Port in Kutch district. Lawyer Mukul Rohatgi representing Adani Group argued the HC had passed the order without giving the company a chance to be heard.
https://www.ndtv.com/india-news/big-supreme-court-relief-for-adani-ports-over-108-hectares-land-in-gujarat-6074211/amp/1?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV
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https://shrts.in/o8M14
2024-07-10T09:08:48.000Z
800
business, national
national, business
SC has sought the Gujarat government's reply
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Nidhi Sinha
What are the key announcements as Rajasthan presents its Budget?
Deputy CM Diya Kumari on Wednesday presented 2024-25 Rajasthan Budget, announcing to fill four lakh vacancies in five years. Budget set aside ₹27,600 crore for health and ₹1,000 crore for state highways, by-passes and bridges. It allotted ₹17 crore for making pink toilets for women in the first phase. Further, meritorious school students will be provided free tablets with internet.
https://www.youtube.com/watch?utm_campaign=fullarticle&v=mzln5aAT9Vw&utm_medium=referral&utm_source=inshorts
Indian Express
https://nis-gs.pix.in/in…9993904_175.jpg?
https://shrts.in/3dqni
2024-07-10T08:44:57.000Z
800
EXPLAINERS, business, national
national, business
300 electric buses will be introduced in state
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System User
Kotak Mahindra Mutual Fund bought stake in Vijaya Diagnostic
Shares of Vijaya Diagnostic Centre Limited surged 5.8% to ₹862.35, after Kotak Mahindra Mutual Fund purchased 18 lakh equity shares in the company, representing a 1.8% stake, valued at nearly ₹141 crore, at an average price of ₹783. However, foreign investor Al Mehwar Commercial Investments LLC offloaded a 2.2% stake worth ₹176.2 crores.
https://tradebrains.in/features/smallcap-stock-jumps-5-8-after-kotak-mahindra-mutual-fund-bought-increased-stake-in-the-company/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/GKDzb
2024-07-10T08:24:26.000Z
800
business
null
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System User
Nitin Gadkari opposes driverless cars; supports Tesla in India
Nitin Gadkari, Indian Road Minister, opposes driverless cars to protect driver jobs. The Nagpur MP supports Tesla manufacturing in India, not China. His comments went viral as Tesla investment talks stalled after Musk's visit before the Lok Sabha elections 2024. Social media reactions highlight India's road challenges and mixed views on future driverless technology.
https://startuppedia.in/trending/trending/as-long-as-i-am-there-i-will-never-allow-driverless-cars-in-india-otherwise-80-lakh-drivers-will-lose-jobs-says-minister-nitin-gadkari-5556303?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Startup Pedia
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https://shrts.in/gNT58
2024-07-10T08:17:24.000Z
800
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System User
Diamond Power receives order worth ₹899 crore from Adani Group
Shares of Diamond Power Infrastructure Ltd opened Wednesday's trading session at ₹1,292.45, hitting a 2% upper circuit from the previous close. This rise followed the company's announcement of securing a ₹899.75 crore contract from Adani Energy Solutions for supplying AL 59 Conductors, driving the positive momentum in its share price.
https://tradebrains.in/features/cable-stock-hits-upper-circuit-after-company-received-an-order-worth-899-cr-from-adani-group/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/Ut6Q4
2024-07-10T08:06:10.000Z
800
business
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System User
Krishna Institute acquires 100% stake in Chalasani Hospitals
Krishna Institute of Medical Sciences Ltd's shares rose by 4.09% after it agreed to acquire 100% of Chalasani Hospitals Private Limited for up to ₹75 crore. This investment will enhance KIMS' market share, leveraging the hospital's prime location to attract more customers. Krishna Institute is an India-based corporation that provides medical and healthcare services.
https://tradebrains.in/features/healthcare-stock-jumps-4-after-announcing-acquisition-of-100-stake-in-chalasani-hospitals/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/XkdQd
2024-07-10T07:46:28.000Z
800
business
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System User
Aadhaar card is not a citizenship proof, UIDAI says to High Court
Aadhaar numbers do not prove citizenship or residency, a senior UIDAI counsel stated in the Calcutta High Court. This came during a hearing against the Joint Forum's request to invalidate regulation 28A of the Aadhaar Act, which addresses foreign nationals. UIDAI can revoke Aadhaar for foreign citizens who overstay visas, highlighting the distinction between Aadhaar and citizenship.
https://trak.in/stories/uidai-says-aadhaar-card-is-not-a-citizenship-proof-to-high-court/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trak.in
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https://shrts.in/5ZT4z
2024-07-10T07:36:33.000Z
800
business
null
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System User
Advait Infratech received two orders from KPI Green Energy
Advait Infratech Ltd, engaged in power transmission and telecom infrastructure, saw its share price surge by 4.4% to ₹2,014 on Wednesday after its subsidiary Advait Greenergy Private Limited received two orders worth ₹72.79 crores from KPI Green Energy Limited. These include EPCC work for a 30MW solar project and EPC for a 1MW green hydrogen plant.
https://tradebrains.in/features/small-cap-stocks-jumps-4-4-after-receiving-two-orders-from-kpi-green-energy/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/D2AJj
2024-07-10T07:36:01.000Z
800
business
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System User
Sar Televenture enters in an agreement with BSNL; share jumps 4.5%
Sar Televenture Limited engaged in providing Telecommunication solutions to Telecom Network Operators jumped upto 4.5% in the day’s trade upon entering into a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL) to deliver BSNL telecom services, including fixed, wireless, broadband, and many other services to end users at Mohali, Punjab.
https://tradebrains.in/features/telecom-stock-jumps-4-after-company-enters-in-an-agreement-with-bsnl/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/A91Un
2024-07-10T06:34:13.000Z
800
business
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Debaroti Adhikary
Adani's Vizhinjam Port to receive 1st giant mother ship on July 12
A giant mother ship from Maersk is set to be the first container vessel to arrive at Adani Group's Vizhinjam Port on July 12, said Kerala Port Minister V N Vasavan. Sharing a picture of 'San Fernando' on X, he added it will then head for Colombo. This will be part of trial operations at India's first semi-automated container port.
https://x.com/vn_vasavan/status/1810621675106693585?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
X (formerly Twitter)
https://nis-gs.pix.in/in…7995455_385.jpg?
https://shrts.in/jQcSM
2024-07-10T08:05:54.000Z
600
business
business
A mother ship carries other smaller vehicles
The ship will come from China's Xiamen Port
Pragya Swastik
Investors lose ₹7 lakh crore within minutes as stock market crashes
Investors lost over ₹7 lakh crore within minutes on Wednesday as Sensex tumbled 1,000 points during intraday trade. Sensex, which opened at 80,481.36, hit an intraday low of 79,435.76. All 19 sectoral indices were trading in the red on BSE with auto, consumer durables, capital goods, metals and oil and gas shares leading the losses.
https://www.hindustantimes.com/business/stock-market-crash-investors-lose-rs-7-lakh-crore-as-sensex-tanks-900-points-101720590261796-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/4DVQ4
2024-07-10T07:45:51.000Z
1,000
business, FINANCE
business, FINANCE
HDFC Life, Britannia among top gainers
M&M, Hindalco, TCS among top losers
System User
Krishna Institute of Medical Sciences gains on the BSE
Krishna Institute of Medical Sciences is currently trading at Rs. 2132.70, up by 28.85 points or 1.37% from its previous closing of Rs. 2103.85 on the BSE. The scrip opened at Rs. 2125.00 and has touched a high and low of Rs. 2190.05 and Rs. 2125.00 respectively. So far 7579 shares were traded on the counter.
https://investmentguruindia.com/newsdetail/krishna-institute-of-medical-sciences-gains-on-the-bse474482?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/95nnE
2024-07-10T06:59:56.000Z
800
business
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System User
Emcure Pharma jumps 35% on debut, valued at $223 million
Indian drugmaker Emcure Pharmaceuticals' shares rose 34.9% in debut trade on Wednesday, beating analysts' estimates and valuing the company at 18.64 billion rupees ($223.3 million), as its strong presence in women's healthcare and HIV treatments drew investors in a red-hot IPO market.
https://investmentguruindia.com/newsdetail/india-s-emcure-pharma-jumps-35-in-debut-trade-at-223-million-valuation763806?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/EqpZd
2024-07-10T06:56:08.000Z
800
business
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System User
Domestic air passenger momentum to continue in FY25: Icra
Icra expects air passenger traffic momentum to persist. Airlines project ₹3,000-₹4,000 crore net loss for FY25, similar to FY24. Icra forecasts stable outlook for India's aviation industry with ongoing passenger traffic recovery. Expectations for FY2025 include stable costs and limited yield growth.
https://investmentguruindia.com/newsdetail/domestic-air-passenger-momentum-to-continue-in-fy25-icra533714?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/17L6c
2024-07-10T06:53:55.000Z
800
business
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System User
FIIs likely sold shares in Mankind Pharma and Delhivery
Shares of Mankind Pharma Limited and Delhivery Limited surged 5.3% to ₹2,215 and 2.8% to ₹403.65, despite foreign investor Hema CIPEF and Canada Pension Plan Investment Board were likely to sell 0.9% stake for ₹762.6 crore and 3.18% stake for ₹886 crore in the company, respectively, on July 11 via block deal.
https://tradebrains.in/features/stocks-in-focus-after-fiis-likely-sold-shares-in-the-companies-worth-up-to-910-cr/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-10T06:52:01.000Z
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Rupee trades flat against US dollar on Wednesday
Indian rupee was trading flat against the US dollar on Wednesday tracking muted American currency at overseas markets and weak domestic equities as Federal Reserve Chair Jerome Powell expressed caution about the timing of interest rate cuts in the United States. The currency remains flat at 83.49, with highs and lows at 83.5075 and 83.4850 respectively.
https://investmentguruindia.com/newsdetail/rupee-trades-flat-against-us-dollar-on-wednesday226240?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T06:29:23.000Z
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2 Adani Group stocks jump after entering into agreement
Adani Power Ltd shares rose 1.8% after its subsidiary, Mahan Energen Ltd, signed a 20-year agreement with Reliance Industries Ltd for 500 MW. Adani Ports & Special Economic Zone shares also gained 1.2% after securing a 30-year concession and LOI for developing and operating Berth No. 13 at Deendayal Port.
https://tradebrains.in/features/adani-group-stock-jumps-after-they-receive-order-from-reliance-industries/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-10T06:26:28.000Z
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Man who quit his job for organic fig farming earns ₹5 lakh/acre
Katla Srinivas quit his job with Red Chillies Entertainment in Mumbai for organic farming in his village in Telangana. He harvests 100 kg of organic figs (anjeer) daily during the three-month harvest season and sells directly to customers at ₹100 per kg. He earns ₹5 lakh per acre from figs and also grows organic vegetables that fetch higher-than-market rates.
https://30stades.com/farming/telangana-mba-farmer-katla-srinivas-quit-his-job-to-grow-organic-figs-harvests-4500-kg-per-acre-5553099?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
30 Stades
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2024-07-10T06:23:49.000Z
800
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System User
Schoolnet acquires AI edtech firm Genius Teacher
Schoolnet acquires Genius Teacher, a private school-focused AI edtech firm, in all-stock deal. With this acquisition, Schoolnet gets Genius Teachers' private school market presence and innovative AI-led teacher and student apps along with growing its reach to over 10,000 private schools by FY27.
https://investmentguruindia.com/newsdetail/schoolnet-acquires-private-school-focused-ai-edtech-firm-genius-teacher214934?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/CSEqr
2024-07-10T06:21:35.000Z
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Debaroti Adhikary
US no longer overheated economy, has cooled from pandemic: Powell
US is ""no longer an overheated economy"" as the job market has now cooled from its pandemic-era extremes, said US Federal Reserve Chair Jerome Powell to the Congress. Speaking on keeping interest rate unchanged at 23-year-high range for seven consecutive meetings, Powell said he did not want ""to be sending any signals about the timing of any future actions"".
https://www.reuters.com/markets/us/feds-powell-before-congress-could-show-developing-case-rate-cut-2024-07-09/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Reuters
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2024-07-10T07:21:53.000Z
600
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'We can no longer focus solely on inflation'
Jerome Powell further said
Swati Dubey
India, Russia set trade target of $100 billion by 2030
India and Russia have agreed to boost bilateral trade to over $100 billion by 2030, focusing on investments and cooperation in energy, agriculture, and infrastructure. Following their 22nd Annual Bilateral Summit, PM Modi and President Putin outlined plans for collaboration in 9 key areas, including projects across digital economy, supply of medicines and development of humanitarian cooperation.
https://www.news18.com/amp/india/india-russia-eye-usd-100-bn-trade-by-2030-cooperation-in-energy-agriculture-8960200.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
News18
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https://shrts.in/edRaK
2024-07-10T06:58:03.000Z
800
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business, world
They vowed to enhance strategic partnership
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Shreyasi Banerjee
India becomes exporter of sniper rifles for 1st time
Bengaluru-based small-arms manufacturer SSS Defence has bagged and fulfilled a mega export contract from a friendly foreign country for the supply of .338 Lapua Magnum calibre sniper rifle, as per reports. The rifle, intended for targets up to 1,500 metres and beyond, is completely designed and made in India. This is the first time when India has exported sniper files.
https://www.news18.com/amp/india/india-becomes-exporter-of-sniper-rifles-for-the-first-time-as-bengaluru-firm-bags-international-contract-8960159.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
News18
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2024-07-10T06:30:09.000Z
800
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national, business
Firm to also supply $50 million worth ammunition
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System User
Thousands to witness Adani's first mothership at Vizhinjam Port
Thousands of people will be present at the country's trans-shipment port, the Adani Group's Vizhinjam Port located near the famed Kovalam beach, at 10 am on Friday as it receives its first mothership, Kerala Minister VN Vasavan said on Tuesday. Vasavan called it a historic day as the first port phase is ready.
https://investmentguruindia.com/newsdetail/thousands-to-witness-welcoming-of-first-mother-ship-at-adani-group-s-vizhinjam-port-on-friday776122?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T06:16:39.000Z
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Indian online gaming workforce grew 20x from 2018 to 2023
Indian online gaming workforce grew 20x from 2018 to 2023, with a 97.56% CAGR, highlighting the sector's crucial role in job creation, a report shows. According to a report by EGROW Foundation and Primus Partners, the online gaming industry is poised to become a major job creator in the coming years.
https://investmentguruindia.com/newsdetail/-workforce-growth-in-indian-online-gaming-industry-rose-20-times-from-2018-to-2023-919303?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/AjU35
2024-07-10T06:13:26.000Z
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System User
EV startups praise UP govt's road tax waiver for hybrid cars
Electric vehicle (EV) startups on Tuesday hailed the Uttar Pradesh government's announcement on the complete waiver of registration tax on strong hybrid cars to promote the use of environment-friendly vehicles in the state.The state is offering a 100 per cent waiver on registration fees for strong hybrid electric vehicles and plug-in hybrid electric vehicles.
https://investmentguruindia.com/newsdetail/ev-startups-hail-up-governments-move-to-waive-road-tax-for-hybrid-cars461490?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T06:07:45.000Z
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RVNL receives orders worth ₹389 crore from South Eastern Railway
Rail Vikas Nigam experienced significant bullish movement in its share price, reaching a fresh 52-week high of ₹598. This surge followed RVNL's announcement of securing contracts including a ₹202.87 crore project for South Eastern Railway and a ₹187.34 crore project for Maharashtra Metro Rail Corporation. RVNL also entered into an MoU with TATWEER to expand its rail expertise internationally.
https://tradebrains.in/features/railway-stock-jumps-10-after-it-receives-orders-worth-389-cr-from-south-eastern-railway/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-10T05:54:45.000Z
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Havells India to invest ₹375 crore for capacity expansion
Havells India Limited shares gained 1.3% to ₹1,944.30 per share after the company planned to expand its cable manufacturing capacity at its Alwar location to meet increased demand. Currently, the company has an annual capacity of 32.90 lakh kilometers. The expansion will increase capacity to 41.20 lakh kilometers annually by March 2026, with an investment of approximately ₹375 crore.
https://tradebrains.in/features/consumer-durables-stock-jumps-after-company-to-invest-375-cr-for-capacity-expansion/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-10T05:42:43.000Z
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Tata launches India's first tourism-focused index fund
The travel and tourism industry in India is experiencing a remarkable surge following the challenges posed by the pandemic. Capitalizing on this momentum, Tata Asset Management Company has launched the Tata Nifty India Tourism Index Fund, the nation's first tourism-focused index fund. The fund's New Fund Offer (NFO) period opened on July 8 and will close on July 19.
https://www.dsij.in/dsijarticledetail/articleid/39624/artmid/10163/preview/true?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Dalal Street Investment Journal
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https://shrts.in/jke3w
2024-07-10T05:35:12.000Z
800
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Adani Ports secures LoI from Deendayal Port for Berth 13
Adani Ports and SEZ has received an LOI for developing, operating, and maintaining Berth No. 13 at Deendayal Port under the DBFOT model. The 300m berth, designed for multipurpose clean cargo including containers, will handle 5.7 MMT annually and is set to be commissioned in FY2026-27.
https://www.logisticsandscm.com/ports-shipping/adani-ports-receives-letter-of-intent-loi-from-deendayal-port-for-berth-13?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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2024-07-10T05:06:55.000Z
800
business, national
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Debaroti Adhikary
RVNL shares jump 10% after winning ₹187 crore Nagpur metro order
Shares of Rail Vikas Nigam Ltd (RVNL) jumped over 10% on Wednesday to trade at ₹598 after winning an order worth over ₹187 crore from Maharashtra Metro Rail Corporation. The company has received a letter of acceptance from the Maharashtra Metro Rail (Nagpur Metro) to build six elevated metro stations in the Nagpur Phase 2 metro line in 2.5 years.
https://www.ndtvprofit.com/markets/rvnl-share-price-jump-10-pc-after-big-order-win-from-maharashtra-metro-rail-corp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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2024-07-10T06:27:40.000Z
600
business, FINANCE
business, FINANCE
RVNL shares opened at ₹564.8 on Wednesday
They had closed at ₹543.15 on Tuesday
Pragya Swastik
Who is Satish Mehta, who skipped IIM placement to build Emcure Pharma?
Satish Ramanlal Mehta, Namita Thapar's father who started Emcure Pharmaceuticals in 1981, did his PGDM from IIM-Ahmedabad. He told NDTV Profit, ""I didn't opt for placement as I wanted to do something of my own."" Mehta is also a Postgraduate in Chemistry from Pune University and built formulations. Emcure shares listed at a 31% premium over issue price on Wednesday.
https://x.com/NDTVProfitIndia/status/1810902521876979870?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/25pdb
2024-07-10T06:11:36.000Z
800
EXPLAINERS, business, FINANCE
business, FINANCE
He served as Indo-China Bilateral Council member
Satish Mehta is a first-generation entrepreneur
Debaroti Adhikary
All sectors fall on NSE as Nifty drops 240 points, Media worst hit
All sectors on NSE recorded a sharp decline as Nifty fell around 240 points to slip below 24,200 on Wednesday. Nifty Media was the worst hit, followed by Auto, Metal, PSU Bank, Oil & Gas, and others. Mahindra & Mahindra was the top loser among the stocks on NSE, falling by around 7%.
https://x.com/NDTVProfitIndia/status/1810904494076571882?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/B69Yo
2024-07-10T05:55:55.000Z
600
business
business
Sensex fell 754 points to 79,598.01 on Wednesday
Maruti Suzuki was the top gainer on NSE
Pragya Swastik
IIT graduates' salaries drop to ₹15-16 lakh a year: Report
The annual pay of engineers graduating from IITs this year has dropped to a median ₹15-16 lakh from ₹18-20 lakh in 2023, ET reported citing Deloitte and TeamLease studies. Top offers at the IITs have nearly halved from ₹4 crore for the 2023 batch. ""Median salary decline is particularly pronounced across seven old IITs,"" TeamLease executive Ramesh Alluri Reddy said.
https://www.hindustantimes.com/business/salaries-for-graduates-at-top-8-iits-declines-in-2024-dip-in-placements-as-well-report-101720583321513-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/NEj9J
2024-07-10T05:35:30.000Z
1,000
education, business, national
business, education
'21,500 registered students across all IITs'
Only 13,410 have been placed so far: Report
Debaroti Adhikary
Bansal Wire shares debut at 39% premium to IPO price at ₹356
Bansal Wire Industries shares debuted on stock exchanges on July 10 (Wednesday) and were listed at ₹356 on NSE, marking a 39% premium over its issue price of ₹256. On BSE, the shares were listed at ₹352.05, marking a premium of 37.5%. Bansal Wire's ₹745-crore IPO was open for subscription from July 3 to July 5 at ₹243-256 price band.
https://www.ndtvprofit.com/ipos/stock-markets-today-bansal-wire-industries-share-price-debuts-at-39-premium?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/5wDjm
2024-07-10T05:09:31.000Z
600
business, FINANCE
business, FINANCE
Bansal Wire IPO was subscribed 59.57 times
The IPO consisted only a fresh issue with no OFS
System User
India inflation likely up in June due to rising vegetable prices
India's consumer price inflation likely rose in June after five months of decline due to a spike in vegetable prices from extreme weather, according to a Reuters poll. Prices of tomatoes, onions, and potatoes - staples in every Indian kitchen - surged by double digits last month as extreme heat and heavy floods in India's northern states disrupted agricultural production.
https://investmentguruindia.com/newsdetail/india-inflation-seen-up-in-june-due-to-soaring-vegetable-prices679507?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T04:03:56.000Z
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Gold rangebound with spotlight on US inflation reading
Gold traded in a narrow price range on Wednesday as investors looked forward to a key US inflation reading that could shed more light on the Federal Reserve's interest rates trajectory. Spot gold rose 0.2% to $2,367.79 per ounce by 0229 GMT. US gold futures climbed 0.3% to $2,374.10.
https://investmentguruindia.com/newsdetail/gold-rangebound-with-spotlight-on-us-inflation-reading296462?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T03:56:38.000Z
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Indian shares set for muted opening
Indian shares, trading near record highs levels, will likely see a muted opening on Wednesday after Federal Reserve Chair Jerome Powell offered little hint on the timing of interest rate cuts in the world's largest economy. GIFT Nifty at 24,486 points suggests NSE Nifty 50 may open above Tuesday's record close of 24,433.2.
https://investmentguruindia.com/newsdetail/indian-shares-set-for-muted-opening-it-stocks-in-focus873884?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/kAKor
2024-07-10T03:42:25.000Z
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System User
Dollar firms on Powell caution
Dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come. The New Zealand dollar weakened after the central bank expressed confidence that inflation would return to its target band this year, spurring bets for early policy easing.
https://investmentguruindia.com/newsdetail/dollar-firm-on-powell-caution-kiwi-bides-time-before-rates-decision880938?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/UbwQT
2024-07-10T03:38:25.000Z
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System User
Oil rebounds as US stockpiles drop, rate cut outlook brightens
Oil prices rebounded on Wednesday following three days of declines after an industry report showed US crude and fuel stockpiles fell last week, indicating steady demand, and the outlook for interest rate cuts improved. Brent futures rose 21 cents to $84.87 a barrel by 00.55 GMT, after falling 1.3% in the previous session.
https://investmentguruindia.com/newsdetail/oil-rebounds-as-u-s-stockpiles-drop-interest-rate-cut-outlook-brightens927219?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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2024-07-10T03:36:46.000Z
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Debaroti Adhikary
Emcure shares debut at 31.4% premium to IPO price at ₹1,325
Shares of Emcure Pharmaceuticals debuted on stock exchanges on July 10 (Wednesday) and were listed at ₹1,325, marking a premium of around 31.4% over its issue price of ₹1,008. The ₹1,952-crore IPO was open for subscription from July 3 to July 5 with a price band of ₹960-1,008 per share. The issue was subscribed 67.87 times.
https://www.ndtvprofit.com/ipos/stock-markets-today-emcure-pharmaceuticals-share-price-lists-at-314-premium-over-ipo-price?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/aCwSS
2024-07-10T04:58:17.000Z
600
business, FINANCE
business, FINANCE
Namita Thapar sold 12.68 lakh shares via the IPO
IPO comprised fresh issue & OFS
Subhangi Singh
Tomato rates rise to ₹90/kg in Delhi as supplies hit due to rain
Tomato prices in the Delhi markets surged to ₹90 per kg as supplies have taken a hit due to monsoon rains in many states, several vegetable vendors said on Tuesday. Tomato rates have soared up to ₹50/kg even in wholesale markets of Delhi, including Azadpur Mandi. Before last week, tomato rates were somewhere around ₹30-35/kg in the wholesale market.
https://www.news18.com/amp/india/tomato-rates-surge-to-rs-90-kg-in-delhi-markets-as-supplies-hit-due-to-rains-8960181.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
News18
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https://shrts.in/McHAE
2024-07-10T04:54:41.000Z
800
business, national
national, business
'Just few days back, bought tomatoes for ₹28/kg'
Tap to know what residents said
Pragya Swastik
5 stocks analyst Saurabh Mukherjea is bullish on
Marcellus Investment Managers' Founder Saurabh Mukherjea is bullish on Carysil as it makes quartz sinks which are now preferred by customers. He's also bullish on Indo-MIM which produces the metal used in making the outer casts of the iPhone. He's also bullish on Narayana Hrudayalaya and Divi's Laboratories. Asian Paints' expansion to home-décor space makes the stock interesting, said Mukherjea.
https://www.moneycontrol.com/news/business/markets/five-stocks-saurabh-mukherjea-is-betting-on-12765209.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Moneycontrol
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https://shrts.in/ogjzm
2024-07-10T04:38:09.000Z
800
business, FINANCE
business, FINANCE
'Small firms in organised segment growing fast'
Data-crunching exercise by Marcellus showed
Roshan Gupta
ClearTax offers easy 3-step secure tax filing for all kinds of income
ClearTax announced that it is upgraded to offer a simple tax filing process in no time with 100% accuracy for salary, capital gains, freelance, business & NRI income. With AI assistance, 24x7 support and free notice management service, ClearTax said it made tax filing simple for 6 million+ taxpayers, adding that customers can file taxes now and get unbelievable discounts.
https://cleartax.in/income-tax-efiling?utm_source=inshorts&utm_medium=cpc&utm_campaign=itr_2024_paid_marketing_CT_Inshorts_Story
cleartax
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2024-07-10T04:30:01.000Z
1,000
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Use code CTINSHORTS for 60% discount
Limited time offer | Tap to file now
Debaroti Adhikary
They'll regret: Union as Samsung says strike caused no disruption
After Samsung said the ongoing strike caused ""no disruption to production"", its workers' union said, ""We have confirmed the clear disruption in production, and the management will regret this choice."" The union added, ""Eventually, they will kneel and come to the negotiation table."" The workers are demanding better pay and an extra day of annual leave for unionised workers.
https://www.hindustantimes.com/world-news/south-korea-samsung-union-declares-indefinite-strike-101720575819879-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/vFzaT
2024-07-10T04:22:49.000Z
600
business, technology
business, technology
We will strike indefinitely: Workers' Union
This is the biggest strike in Samsung's history
Debaroti Adhikary
Maruti in talks with Centre to use UP's hybrid policy across India
Maruti Suzuki Chairman RC Bhargava said the automaker is in talks with the Centre and some other state governments to replicate UP government's 100% waiver on registration fees of hybrid cars. ""We are continuing to discuss with the Central and some of the state governments that there is an alternative route than just pure electric vehicles,"" he added.
https://www.ndtvprofit.com/exclusive/maruti-suzuki-india-chairman-rc-bhargava-says-only-evs-wont-suffice-in-reducing-carbon-footprint?src=p1&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/r4ijU
2024-07-10T03:35:29.000Z
600
automobile, business
business, automobile
'All tech which are cleaner must be encouraged'
Tap to know what more RC Bhargava said
Pragya Swastik
Samsung's biggest strike to continue indefinitely
Workers on strike at Samsung Electronics in South Korea have said they'd continue to strike indefinitely for better pay and benefits. Workers said they decided to continue striking because the management has shown no indication of holding talks after a three-day strike began on Monday. Over 6,500 workers are on strike in the biggest organised labour action in Samsung's history.
https://www.reuters.com/technology/samsung-electronics-union-south-korea-declares-another-strike-2024-07-10/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Reuters
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https://shrts.in/GiUSW
2024-07-10T03:29:21.000Z
800
business, technology
business, technology
'Strike has caused no disruption to production'
Samsung previously said
System User
Flipkart-backed Zinka Logistics files DRHP for ₹550 cr IPO
Bengaluru-based Zinka Logistics Solutions has filed its DRHP with SEBI to raise ₹550 crore through an IPO. Of the proceeds ₹200 crore will go towards marketing, ₹140 crore to strengthen their financial arm Blackbuck, and ₹75 crore for product development and other business needs.
https://www.logisticsandscm.com/business/accel-and-flipkart-backed-zinka-logistics-solutions-files-drhp-for-rs-550-cr-ipo?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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https://shrts.in/TnHKJ
2024-07-09T17:02:27.000Z
800
business, national
null
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Bhawana Chaudhary
Dyson to layoff 1,000 employees in UK
Dyson is cutting around 1,000 jobs in the UK in a move that would affect nearly a quarter of its workforce. The appliance making company, founded by Sir James Dyson in 1991, has 3,500 employees in UK. CEO Hanno Kirner said the job cuts were a result of the company reviewing its global structures and preparing for the future.
https://www.hindustantimes.com/business/dyson-layoffs-company-to-cut-around-1-000-jobs-in-britain-101720533908546-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/7LPtC
2024-07-09T16:28:57.000Z
600
business, technology
business, technology
Dyson hit record sales of over $9 bn in 2023
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Ankush Verma
Which stocks were top gainers & losers as market closed at record high on Tuesday?
Sensex and Nifty ended at fresh closing highs on Tuesday (July 9). Maruti, Mahindra & Mahindra, ITC, Titan, Sun Pharma, ICICI Bank, Tata Motors, Nestle and Bajaj Finserv emerged as top gainers among constituents of Sensex and Nifty. IT stocks like Infosys, Wipro and HCLTech were worst hit, along with Bajaj Finance, Reliance, Kotak Bank and NTPC.
https://www.niftyindices.com/market-data/top-gainers-losers?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Nifty
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https://shrts.in/EjeJj
2024-07-09T15:09:21.000Z
1,000
business
business
Divi's Laboratories among gainers on Nifty
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Bhawana Chaudhary
Radhika Merchant wears floral dupatta for her Haldi ceremony
For her Haldi ceremony, Anant Ambani's fiancee Radhika Merchant wore a fresh floral 'tagar jaal dupatta'. The floral dupatta was made with 90 genda (marigold) flowers and thousands of individual Tagar Kalis. Radhika wore a custom outfit by designer Anamika Khanna and completed the look with floral accessories including earrings with tassel strings, a double necklace, haath phool and kaleeras.
https://www.news18.com/amp/lifestyle/radhika-merchants-floral-jaal-dupatta-featured-over-1000-tagar-kalis-90-genda-flowers-exclusive-8960010.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
News18
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https://shrts.in/oNHek
2024-07-09T14:21:32.000Z
600
business, entertainment, fashion
entertainment, business, fashion
Radhika was styled by Rhea Kapoor
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Daisy Mowke
Hotel rate soars from ₹13,000 to ₹91,350 per night in Mumbai ahead of Anant's wedding
Ahead of the wedding celebrations of Anant Ambani and Radhika Merchant, the hotel rates in Bandra-Kurla Complex (BKC) in Mumbai, where the wedding will be held, have soared. One of the hotels that usually charges ₹13,000 is charging ₹91,350 per night on July 14, CNBCTV18 reported. The main hotels in BKC are fully booked, according to travel and hotel websites.
https://www.moneycontrol.com/news/trends/anant-ambani-radhika-merchant-wedding-mumbai-hotel-rates-soar-from-rs-13000-to-rs-91350-per-night-12765213.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Moneycontrol
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https://shrts.in/YaA29
2024-07-09T13:54:10.000Z
800
business
celebrities
The wedding is set to take place on July 12
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Bhawana Chaudhary
Cognizant to pay over ₹4 cr to settle lawsuit with CFO Dalal's ex employer Wipro
Cognizant on Tuesday announced that its CFO Jatin Dalal has reached a settlement in the non-compete lawsuit filed by his former employer Wipro. Cognizant's board of directors approved a payment of $505,087 (over ₹4 crore) to cover the settlement and legal fees. Cognizant added that former Wipro SVP Mohammad Haque's lawsuit has also been settled.
https://www.moneycontrol.com/technology/wipro-settles-non-compete-lawsuits-against-former-execs-cognizant-pays-505k-for-settlement-article-12765367.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
The Indian Express
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https://shrts.in/bp1Pt
2024-07-09T13:39:42.000Z
800
business
business
Dalal allegedly violated non-compete clause
He joined Cognizant within 12 months of quitting
Bhawana Chaudhary
LinkedIn made me engage in wokeism by mandating pronouns: Ola CEO
Ola CEO Bhavish Aggarwal said LinkedIn, which earlier referred to Aggarwal as 'they', ""forced"" him to engage with political philosophy of ""wokeism"". ""I don't know when they moved from gender to pronouns...I don't want to set my pronouns because they're forcing me...by making it sort of mandatory,"" Aggarwal said. ""This debate isn't Indian...Why should this feature be here?"" he added.
https://www.aninews.in/news/national/general-news/all-big-tech-companies-are-setting-rules-for-world-in-their-own-mind-ola-ceo-lashes-out-against-wokeism20240707193407/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
ANI News
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https://shrts.in/ZaJQT
2024-07-09T13:00:21.000Z
600
business, startup
business, startup
'It's a very innocent sounding thing'
But it grows into deep cultural impact: Aggarwal
Ankush Verma
What should a person do if they face 'bank account validation error' while filing ITR?
The taxpayer has to check whether a valid bank account detail is added under 'My Bank Account' tab in 'My profile' section in the income tax portal before filing ITR. Taxpayer should update the profile correctly before starting new filing of return. Taxpayer can file ITR using offline utility in case they face any issues while validating the bank account.
https://www.ndtvprofit.com/personal-finance/itr-2024-faq-name-of-taxpayer-in-itr-does-not-match-with-name-in-pan-database?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/oCGhh
2024-07-09T12:44:07.000Z
800
EXPLAINERS, business, national
business, national
Pre-validated bank account required for refund
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System User
FIIs stood as net buyers in equities as per July 09 data: NSDL
The FIIs as per Tuesday's data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of ₹13,925.11 crore against gross selling of ₹13,763.44 crore. Thus, FIIs stood as net buyers of ₹161.67 crore in equities.
https://investmentguruindia.com/newsdetail/fiis-stood-as-net-buyers-in-equities-as-per-july-09-data-nsdl299201?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/naAXj
2024-07-09T12:29:47.000Z
800
business
null
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System User
India's Financial Inclusion Index improves to 64.2 in 2023-24
India's Financial Inclusion Index (FI-Index) for FY 2023-24 improved to 64.2 from 60.1 in FY 2022-23, indicating enhanced nationwide financial inclusion across banking, investments, insurance, postal, and pension sectors. Efforts in financial education and credit accessibility boosted the index.
https://investmentguruindia.com/newsdetail/india-s-financial-inclusion-index-improves-to-64-2-in-2023-24601168?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Investment Guru India
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https://shrts.in/aEJvw
2024-07-09T12:02:41.000Z
800
business
null
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System User
India gold ETFs see inflows of ₹726 crore in June
Inflows continued in gold exchange-traded funds in India in June as prices of the yellow metal stabilised due to moderate central-bank buying. Investors deployed ₹726.2 crore into gold ETFs-passive investment instruments that track gold prices in June, according to data released by the Association of Mutual Funds in India on Monday. In May, the net inflow was ₹827.4 crore.
https://www.ndtvprofit.com/markets/india-gold-etfs-see-inflows-of-rs-726-crore-in-june?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
BQ Prime
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https://shrts.in/q8fVG
2024-07-09T11:59:24.000Z
800
business
null
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System User
Vadhavan port is India’s gateway to next growth wave:JNPA Chairman
India's maritime sector is rapidly evolving with ambitious reforms, led by the Jawaharlal Nehru Port Authority (JNPA). A key initiative is the ₹76,200 crore Vadhavan mega port project in Maharashtra. In an exclusive interview with Logistics & SCM, JNPA Chairman Unmesh Wagh said the port will become one of top 10 ports globally.
https://www.logisticsandscm.com/ports-shipping/vadhavan-port-is-indias-gateway-to-next-growth-wave-jnpa-chairman-unmesh-wagh?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Logistics And Scm
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https://shrts.in/dNrSY
2024-07-09T11:57:49.000Z
800
business, national
null
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System User
New thematic, multi-cap mutual funds drive record equity inflows
Inflows into equity mutual funds surged to a fresh record high in June, led by a rise in the inflows of nine new fund-offer schemes in the multi-cap fund and thematic funds. Equity inflows increased 17% to ₹40,608.2 crore last month against ₹34,697 crore in May, according to data released by the Association of Mutual Funds in India.
https://www.ndtvprofit.com/mutual-funds/amfi-data-equity-mutual-funds-extend-their-record-inflows-in-june?src=p1&utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
BQ Prime
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https://shrts.in/Yc5Ca
2024-07-09T11:56:16.000Z
800
business
null
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Deepika Bhatt
What is the extortion scam that ICICI Bank has warned about?
ICICI Bank has warned against an extortion scam where cybercriminals send threatening messages to individuals or organisations demanding payment in exchange for not releasing their sensitive information. Scammers may also ask for personal information, such as passport details and date of birth. To create urgency, the caller may claim that police will arrest you if you don't pay the fee.
https://www.timesnownews.com/technology-science/icici-bank-warns-customers-against-extortion-scams-here-are-tips-to-identify-and-avoid-threats-article-111567627/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Times Now
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https://shrts.in/fbgJ2
2024-07-09T12:36:30.000Z
800
business, national
national, business
To read what more the bank said
Tap here
Ashley Paul
What is the eKYC process for people buying LPG cylinders?
Oil marketing companies have been implementing Aadhaar-based eKYC authentication process, which doesn't have a deadline, for customers that buy LPG cylinders, Union Minister Hardeep Singh Puri said. The process aims to eliminate bogus accounts and stop fraud bookings. OMC personnel verify customer credentials by scanning their Aadhaar cards and complete the process using an OTP customers receive.
https://www.hindustantimes.com/business/is-there-a-deadline-for-lpg-ekyc-compliance-hardeep-singh-puri-clarifies-101720511672830-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/sfTNi
2024-07-09T12:30:01.000Z
800
EXPLAINERS, business
business
Customers can complete eKYC on their own too
They can do so using mobile apps of the OMCs
Bhawana Chaudhary
Google, Meta are setting rules of world in their own mind: Bhavish
Ola CEO Bhavish Aggarwal said the big-tech companies have become their ""own sovereigns"". ""I don't mind saying the names, Microsoft, Google, any of these, Meta...they are setting the rules of the world in their own mind,"" he said. Bhavish said these companies are making people engage with the ""political philosophy of wokeism"" by making things mandatory.
https://www.aninews.in/news/national/general-news/all-big-tech-companies-are-setting-rules-for-world-in-their-own-mind-ola-ceo-lashes-out-against-wokeism20240707193407/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts#google_vignette
ANI News
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https://shrts.in/1c7dY
2024-07-09T12:28:53.000Z
600
business, startup
business, startup
''He/She/They' debate is not an Indian debate'
Bhavish added
Ashley Paul
Licence plate number '0001' auctioned for ₹23 lakh in Delhi
The licence plate number ending with ‘0001’ fetched Delhi Transport Department ₹23.4 lakh in an auction in March, TOI reported citing the department’s data, making the number the costliest licence number sold this year. The number ‘0007’ was sold for ₹10.8 lakh in January while ‘0005’ fetched ₹6.2 lakh in March. Base price of ‘0001’ number’s auction was ₹5 lakh.
https://www.moneycontrol.com/news/india/fancy-car-number-0001-sold-for-rs-23-lakh-why-the-craze-check-other-nos-in-hot-demand-12765131.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Moneycontrol
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https://shrts.in/tozu9
2024-07-09T12:24:48.000Z
800
business, national
business, national
'0005' sold for ₹6.20 lakh in March
'0006' sold for ₹3.10 lakh in June
Debaroti Adhikary
Hybrid car buyers can save up to ₹3.5 lakh as UP scraps registration fee
Customers can reportedly save up to ₹3.5 lakh on various popular hybrid car models after Uttar Pradesh government waived off registration fee on them. ""This policy will boost strong hybrid vehicle sales in UP...This move by Chief Minister Yogi Adityanath is set to aid the auto sector,"" said Ankit Raj, Chairperson of the Federation of Automobile Dealers Associations (FADA).
https://www.hindustantimes.com/business/how-much-you-can-save-from-uttar-pradeshs-waiver-of-registration-fee-on-hybrid-cars-101720519931009-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/NUxya
2024-07-09T12:07:57.000Z
600
automobile, business
automobile
UP scrapped registration fee on EV in 2023
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Bhawana Chaudhary
L&T wins Indian Navy ships' part-construction contract, shares rise
Larsen and Toubro's precision engineering vertical bagged an order worth ₹1,000 crore-₹2,500 crore from Hindustan Shipyard for part construction of two fleet support ships (FSS) for Indian Navy. FSS are specialised naval vessels which provide logistics and material support to the naval task force. Following the contract win, the shares of the company rose as much as 1.5% to ₹3,685/share.
https://www.ndtvprofit.com/markets/stock-market-live-lt-share-price-rises-after-securing-contract-for-indian-navy-fleet-support-ships?src=p1&utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
NDTV Profit
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https://shrts.in/AMBFn
2024-07-09T11:41:13.000Z
600
business
business
L&T entered defence ship-building order in 2010
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System User
SBI report recommends disinvestment of govt banks
SBI's research report urges the government to proceed with the disinvestment of public sector banks (PSBs), as they are in good condition. It also recommends consolidating existing government-owned banks and addressing the privatization of IDBI Bank. Additionally, the report suggests tax adjustments on deposit interest to boost household financial savings, increase GST revenue.
https://trak.in/stories/sbi-recommends-selling-govt-banks-to-private-companies-because-they-are-in-good-condition/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trak.in
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https://shrts.in/TAo4Z
2024-07-09T11:22:09.000Z
800
business
null
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Anmol Sharma
Nita Ambani owns ₹500-crore diamond necklace, ₹200-crore bajuband
Reliance Foundation's Founding Chairperson Nita Ambani owns an emerald-studded diamond necklace worth around ₹500 crore. She was seen wearing the necklace at Anant Ambani and Radhika Merchant's pre-wedding festivities in Jamnagar. She also owns a bajuband worth ₹200 crore. The bajuband is of Mughal Era and is adorned with rubies, diamonds, and spinels using the Pachhikakaam technique.
https://www.financialexpress.com/life/lifestyle-inside-the-ambani-familys-extravagant-jewellery-collection-nita-ambanis-rs-500-crore-emerald-diamond-necklace-to-anant-ambanis-rs-67-5-crore-patek-philippe-watch-3546057/lite/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
The Financial Express
https://nis-gs.pix.in/in…1199460_163.jpg?
https://shrts.in/AsrpF
2024-07-09T11:15:59.000Z
800
business
business
Anant Ambani to get married this week
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Debaroti Adhikary
B'luru labour body summons Paytm as staff alleges forced layoffs: Report
The regional Labour Commissioner of Bengaluru has summoned Paytm's parent firm One97 Communication over alleged forced termination of employees, Moneycontrol reported. This comes after employees filed complaints alleging that the fintech firm violated laws and forcefully terminated them without pay. ""We are here to address and resolve any issues expressed by those affected,"" Paytm said.
https://www.hindustantimes.com/business/paytm-management-summoned-by-labour-commissioner-over-alleged-layoffs-report-101720517974087-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/vSxBx
2024-07-09T11:15:19.000Z
800
business, startup
business, startup
'Strived to support transitioning employees'
Paytm spokesperson further said
System User
Jupiter Wagons' board approved to raise fund via QIP; falls 4%
Despite the board approving a QIP launch with a floor price of ₹689.47 per share, shares of Jupiter Wagons fell by 4%. The fundraising committee fixed the relevant date for the issue as July 8, 2024, yet the company's stock experienced a bearish movement. Jupiter is a railway engineering business that provides freight wagons and passenger coaches for Indian Railways.
https://tradebrains.in/features/railway-stock-in-focus-after-companys-board-approved-to-raise-fund-via-qip/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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https://shrts.in/4DzBA
2024-07-09T11:02:48.000Z
800
business
null
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System User
Government reopens application window for white goods PLI scheme
DPIIT announced the reopening of the application window for the Production-Linked Incentive scheme for white goods from July 15 to October 12. This third round aims to attract more investment in air conditioners and LED lights, with a focus on increasing domestic manufacturing. The scheme, with a total outlay of ₹6,238 crore, aims to boost domestic value addition significantly.
https://knnindia.co.in/news/newsdetails/sectors/electronics/government-reopens-application-window-for-white-goods-pli-scheme?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Knn India
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https://shrts.in/7zF3i
2024-07-09T10:37:00.000Z
800
business, national
null
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Debaroti Adhikary
Have stopped sale of 14 suspended products: Patanjali to SC
Patanjali Ayurved has stopped sale of 14 products whose licenses were suspended and has asked 5,606 franchise stores to withdraw these products, the company told Supreme Court on Tuesday. Patanjali added that it has asked media platforms to withdraw advertisements for these products. SC asked Patanjali to file an affidavit in two weeks stating whether the advertisements have been removed.
https://www.hindustantimes.com/business/stopped-sale-of-14-suspended-products-patanjali-tells-supreme-court-101720515648107-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/CaqYR
2024-07-09T10:36:00.000Z
600
business
business
Uttarakhand suspended items' licenses in April
Patanjali issued apology for misleading ads
Daisy Mowke
UP govt scraps registration tax on strong hybrid cars
The Uttar Pradesh government has waived off registration tax on strong hybrid cars. In a circular, the state government said that a policy giving a 100% waiver on the registration fee of strong hybrid vehicles has been implemented with immediate effect. Last year, UP exempted EVs from road tax and registration fees.
https://www.hindustantimes.com/business/good-news-for-car-buyers-uttar-pradesh-scraps-registration-tax-on-these-cars-101720512618986-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
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https://shrts.in/iawoQ
2024-07-09T10:31:08.000Z
800
business, national
national, business
Exemption on EVs is for three years
It's valid for 5 yrs for EVs manufactured in UP
System User
Godrej commissions rooftop solar project in Madhya Pradesh
Godrej Electricals & Electronics has commissioned a significant 12.5 MWp rooftop solar project in Madhya Pradesh, marking one of the largest installations of its kind in India and the largest in the state. The project, spanning approximately 1 million square feet atop a textile facility, is expected to generate 17 million kWh of green energy annually.
https://knnindia.co.in/news/newsdetails/sectors/energy/godrej-commissions-125-mwp-rooftop-solar-project-in-madhya-pradesh?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Knn India
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https://shrts.in/sAZe3
2024-07-09T10:30:27.000Z
800
business, national, technology
null
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Debaroti Adhikary
Infosys Executive VP Hemant Lamba quits after 7 years
Infosys Executive Vice-President Hemant Lamba has submitted his resignation, the IT giant announced in an exchange filing. Lamba, who is based in UK, joined Infosys in December 2016 as the SVP and Global Head of large deals and strategic sales. He was later elevated to the position of Executive Vice-President in 2022.
https://www.timesnownews.com/business-economy/companies/infosys-evp-hemant-lamba-resigns-cites-gratitude-read-full-resignation-letter-article-111576213/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Times Now
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https://shrts.in/v3o5c
2024-07-09T10:27:09.000Z
600
business, technology
technology, business
Infosys shares opened at ₹1,659 on Tuesday
They hit an intra-day high of ₹1,666
System User
Cardano to hand control of $13 billion blockchain to ADA holders
Cardano is set for a hard fork that will change the ownership structure of the $13 billion project. The blockchain must reach 70% node density for the hard fork. Cardano founder said the network's upgraded node, tagged node 9.0, which is necessary for the hard fork, will be rolled out next week.
https://www.dlnews.com/articles/defi/cardano-hard-fork-chang-will-give-control-to-ada-holders/?utm_source=inshorts&utm_medium=referral&utm_campaign=inshorts_content_partnership&utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Dl News
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2024-07-09T10:19:09.000Z
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I’d be ‘shocked’ if Ethereum ETFs aren’t trading soon, says expert
The crypto industry's high hopes for the launch of spot Ethereum ETFs this week are fading. While some experts went into last weekend with the prediction that the ETFs could start to trade as early as this week, ETF Store president Nate Geraci says it's more likely that the launch will happen around July 15. The delay is a setback.
https://www.dlnews.com/articles/snapshot/when-do-experts-see-sec-approval-of-first-ethereum-etf/?utm_source=inshorts&utm_medium=referral&utm_campaign=inshorts_content_partnership&utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Dl News
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2024-07-09T10:16:27.000Z
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Debaroti Adhikary
Nitish's JD(U) seeks ₹30,000 cr in Budget for its projects: Report
JD(U) leader Nitish Kumar, during a pre-budget meeting with Finance Minister Nirmala Sitharaman, demanded ₹30,000 crore from Union Budget to fund its projects in Bihar, Moneycontrol reported. JD(U) also wants the current budget to add provision for nine airports, four new metro lines and seven medical colleges in Bihar, funding for setting up a ₹20,000-crore thermal power plant and more.
https://www.moneycontrol.com/news/business/budget/jdu-seeking-rs-30000-crore-in-budget-to-help-fund-projects-12765185.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Moneycontrol
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2024-07-09T10:09:10.000Z
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'Naidu-led TDP wants $12 bn aid from Centre'
Bloomberg reported
System User
'Will take you to court': Angry trader slams Zerodha after glitch
India's second-largest brokerage firm, Zerodha, once again faced a technical glitch. On Monday, multiple users took to X to report technical issues encountered while placing orders, which led to substantial losses. In fact, a frustrated user even threatened the brokerage firm with legal proceedings. Zerodha acknowledged the issue and claimed it was fixed.
https://indianstartupnews.com/news/will-take-you-to-court-if-i-lose-any-single-penny-angry-trader-slams-zerodha-after-glitch-5550586?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Indian Startup News
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2024-07-09T08:13:54.000Z
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Markets dip as Sensex, Nifty decline, Mid & Small Caps hit highs
On Monday, Sensex and Nifty50 indices closed slightly lower despite Mid and SmallCap indices hitting record highs. Sensex ended at 79,960, down 36 points, while Nifty50 closed at 24,321, down 3 points. Stocks like HUL and Reliance led the recovery, whereas Titan and HDFC Bank lagged. Global markets focused on French election results and China's central bank halted gold purchases.
https://www.thecore.in/podcasts/citigroup-says-india-will-struggle-to-create-enough-jobs-572290?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
The Core
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2024-07-09T08:07:57.000Z
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Debaroti Adhikary
CESC hiked tariffs without informing us: West Bengal CM Mamata
West Bengal CM Mamata Banerjee criticised CESC after the electricity provider increased electricity bills by 5.7%. ""I have no information on the hike. The power department also does not have any knowledge about it,"" she said. Stating that prices of essentials are already high, she added that CESC should have spoken to the state government first.
https://www.latestly.com/agency-news/india-news-cesc-hiked-power-bill-mamata-fuel-adjustment-done-says-company-6095898.html/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
LatestLY
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2024-07-09T09:27:13.000Z
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CESC now adding fuel adjustment charge in bills
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CESC shares rise 10% after it hikes electricity bills by 5.7%
Shares of Calcutta Electric Supply Corporation (CESC) rose around 10% on Tuesday after it increased customers' effective electricity bills by 5.7% as it started to levy fuel adjustment charge to its consumers. The stock has risen nearly 35% so far this year and over 145% in the last one year. The company is backed by RP-Sanjiv Goenka Group.
https://www.cnbctv18.com/market/cesc-share-price-why-the-stock-is-surging-on-tuesday-explained-tariff-iifl-19440224.htm/amp?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
CNBC-TV18
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2024-07-09T08:32:34.000Z
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CESC shares hit an intra-day high of ₹189.10
The shares had closed at ₹172.05 on Monday
System User
Torrent Power signed an agreement to set up 50 MWp solar projects
Shares of Torrent Power Limited surged nearly 5.2% to ₹1,548.7 on Tuesday, after an agreement was signed amongst Torrent Power Limited, ARS Steels & Alloy International Private Limited (ARS) and Torrent Urja 14 Private Limited (TU14). The agreement is for the supply of power and building of up to 50 MWp Solar Power Generating Projects in Tamil Nadu.
https://tradebrains.in/features/multibagger-large-cap-stock-jumps-5-after-signing-an-agreement-to-set-up-50mw-solar-projects/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-09T08:23:09.000Z
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L&T bags order worth up to ₹2,500 crore from Hindustan Shipyard
Shares of Larsen & Toubro Limited surged 1.5% to ₹3,685, after L&T’s Precision Engineering Systems business vertical won a significant order for part construction of two Fleet Support Ships (FSS) from Hindustan Shipyard Limited for the Indian Navy. The construction will be carried out concurrently by both the shipyard at Kattupalli, Chennai, to meet the challenging delivery timelines.
https://tradebrains.in/features/large-cap-stock-jumps-after-it-bags-order-worth-up-to-2500-cr-from-hindustan-shipyard/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-09T08:19:36.000Z
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Maruti Suzuki jumps 6% as UP exempts registration fees on EV cars
Maruti Suzuki India Ltd shares surged 6.8% to ₹12,846.95 per share after Uttar Pradesh waived registration fees on hybrid cars. This exemption lowers on-road prices by up to ₹4 lakh. Uttar Pradesh accounts for Maruti Suzuki’s over 10% market share in terms of sales, the company saw a 13.46% sales increase in the first half of 2024, reaching 2,36,097 units.
https://tradebrains.in/features/auto-stock-jumps-6-after-up-govt-exempt-registration-fees-on-hybrid-cars/?utm_source=inshorts&utm_medium=referral&utm_campaign=fullarticle
Trade Brains
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2024-07-09T08:12:45.000Z
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