The Election Commission's Special Intensive Revision (SIR) of electoral rolls has completed one year, leading to the deletion of nearly six crore voters across 19 states and Union territories. This exercise, which began in Bihar, has faced opposition criticism but was upheld by the Supreme Court. The purification drive has significant implications, including linking voter data to social security benefits in some states.
Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard
Finance Minister Nirmala Sitharaman in her speech in Lok Sabha said, "Our vision for the 'Amrit Kaal' includes technology-driven and knowledge-based economy with strong public finances, and a robust financial sector. To achieve this, Jan Bhagidari through Sabka Saath Sabka Prayas is essential."
OIL, which had paid a total dividend of 190 per cent in 2011-12, in January declared an interim dividend of 110 per cent for the current fiscal.
With this, 1,289 kilograms of cocaine and 40 kilograms of hydroponic Thailand marijuana worth Rs 13,000 crore have been seized by the law enforcement agencies within a fortnight in Delhi and Gujarat, sources said.
The all-cash deal is expected to close in the March 2016 quarter.
A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.
The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The BSE Sensex hit its record high of 85,978.25 on Friday.
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
All political parties put together received more than Rs 12,000 crore till last fiscal since the introduction of the now-annulled electoral bond scheme in 2018, of which the ruling BJP got nearly 55 per cent or Rs 6,565 crore, according to the data available with Election Commission and Association for Democratic Reforms (ADR).
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
The DGP said after concealing the contraband, the accused persons had meticulously welded the door border and repainted it.
However, official sources said the Assam Rifles -- a border guarding force -- primary mandate or task is not drug law enforcement.
Telecom operator Bharti Airtel on Tuesday reported a 2.8 per cent decline in its consolidated net profit to Rs 830 crore for the third quarter ended December 2021. The company had recorded a net profit of Rs 854 crore in the same period a year ago. Consolidated revenue increased by 12.6 per cent to Rs 29,867 crore, from Rs 26,518 crore in the December 2020 quarter.
Nine of the top 10 most valued companies witnessed a combined erosion of Rs 1,63,510.28 crore in market valuation last week, with Reliance Industries emerging as the biggest laggard.
Total foreign investment in the equity market has reached $14.72bn since the beginning of the year.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
India Inc has mobilised a record over Rs 32,000 crore (Rs 320 billion) through issue of shares on rights basis in fiscal 2007-08, driven by the mega issues from State Bank of India and Tata Steel, a latest report says. Corporate India has raised Rs 32,518 crore (Rs 325.18 billion) through right issue in the last fiscal, a jump of over eight-fold as compared to Rs 3,703 crore (Rs 37.03 billion) that was raised in FY 2006-07.
Software major Satyam Computer Services today posted a 30.37 per cent decline in profit after tax at Rs 343.30 crore
590 cricketers -- including 370 Indian players and 220 overseas players -- will go under the hammer during the two-day mega auction in Bengaluru on February 12 and 13.
Satyam Computer Services Ltd on Friday posted a 182.10 per cent jump in net profit to Rs 493.07 crore (Rs 4.93 billion) for the quarter ended December 31, 2005, as compared to Rs 174.78 crore (Rs 1.74 billion) for the corresponding quarter in previou
The market valuation of top five Sensex companies fell by Rs 36,971.61 crore (Rs 369.71 billion) last week, with ONGC and Sun Pharma being the worst hit.
The rates, on net calorific value (NCV) basis, dropped to $ 5.05 per mmBtu for six month period beginning April 1, 2015.
Though the erstwhile scion of Gwalior and present Bharatiya Janata Party member of Parliament Yashodhara Raje Scindia only has Rs 15,400 cash in her hand, she owns a dinner set worth over Rs 1.54 crore, according to the affidavit she filed along with the nominations papers in Shivpuri in Madhya Pradesh on Wednesday.
DRL launched four new products in North America during the previous quarter.
While the overall passenger car industry is expected to grow at around seven per cent a year in the next five years, SUV growth is expected to be over 10 per cent.
Bharti Airtel made part payment of Rs 4,725 crore.
Sahara group, whose legal battle with Sebi continues in Supreme Court over refund of over Rs 20,000 crore (Rs 200 billion) to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore (Rs 324 billion).
In debt private placements, firms issue debt securities or bonds to institutional investors to raise capital.
In the US, the ratio of the CEO to average worker pay ratio was 373:1 in 2014.
Counting of votes is underway in assembly byelection to 58 seats in 11 states including Madhya Pradesh where the results will decide the fate of the Shivraj Singh Chouhan government.
