HDFC Bank's latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to fully include the stock in its indices. Currently, the index provider has applied an adjustment factor of 0.5 since the foreign room is less than 25 per cent. Removal of the adjustment factor will result in inflows of a massive $4.8 billion (Rs 40,000 crore) into HDFC Bank, according to Brian Freitas, a New Zealand-based analyst with Periscope Analytics.
About 1,000 alumni of the Indian Institutes of Technology (IITs) have sent a petition to the directors of the seven premier government-owned engineering institutes urging them to ban Dow Chemicals, which acquired the Union Carbide plant in 2001, from any partnership or role in the premier institutes of the country. This comes soon after the company was forced to cancel pre-placement talks, due in the last week of October, in IIT Madras and Bombay.
Emerging evidence suggests that an increased risk of cancer and heart disease in adults can result in part from exposures to certain environmental chemicals during childhood.
Saturday's drone attack on MV Chem Pluto came amid increasing concerns over various commercial vessels being targeted reportedly by Iran-backed Houthi militants in the Red Sea and Gulf of Aden amid the Israel-Hamas conflict.
Government auditor, the Comptroller and Auditor General has found that not all disease outbreaks and chemical accidents taking place in different parts of the country are reported to Central authorities which could effect the response to epidemics.
A manhunt has been launched for the owner of a production house Jerrit G John, who allegedly threw hazardous chemical on his former physiotherapist girlfriend at her residence in central Mumbai, the police said on Friday.
The Campaign estimates that 22,000 people are already dead and says yet Dow wants to deny all responsibility and wants the Indian government to pay millions of dollars for the clean of its mess in Bhopal.
Four of the eight battalions of the National Disaster Response Force have been earmarked specially for responding to such terrorist strikes.
In a stern message, the United States, Britain and France on Monday warned Syrian President Bashar Al-Assad of "serious consequences" if he fails to surrender his chemical weapons, saying military strike remains an option.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
Reliance Industries Ltd invested over $125 billion in the last ten years as it undertook massive expansion in hydrocarbon and telecom businesses, a report said, estimating that the conglomerate's investments in the next three years would be in relatively less capex-heavy retail and upstream new energy. Reliance is coming out of a series of long and intensive capex cycles (hydrocarbons and telecom).
Dr R J Rathi, the doyen of Indian chemical industry and executive chairman of Sudarshan Chemical Industries Ltd passed away in Pune Thursday after a brief illness. He was 78 years old.
Gaffe-prone Spicer apologised on national television on Tuesday for comparing the Nazi leader with Syrian President Bashar al Assad
India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.
Did the Indian government guarantee Dow Chemicals, the parent company of Union Carbide, that it will not be held liable for the Bhopal gas tragedy?
The city's average air quality index (AQI) stood at 220 at 12 noon, improving from 263 at 4 pm on Monday.
... while learning from past tech revolutions, suggests Ajit Balakrishnan.
Reaffirming its stand, the International Olympic Committee Wednesday rejected calls from the Indian Government to drop Dow Chemicals as sponsor of the London Games because of its links to the 1984 Bhopal gas tragedy.
Syria has vehemently denied the use of chemical weapons in an attack on the eastern suburbs of Damascus, which the opposition Syrian National Coalition claimed killed 650 people.
Of the 21 people that died in Tamil Nadu's Villupuram and Chengalpattu districts earlier this week after consuming spurious liquor, 13 belonged to Ekkiyarkuppam at Marakkanam in Villupuram, which borders Puducherry.
The process of discovering and developing a new drug can take decades and costs hundreds of millions or even billions of dollars. However, technological advances like artificial intelligence can help speed up and transform the time-consuming and labor-intensive exercise. In India, Peptris Technologies, a Bangalore-based AI drug discovery company, has announced $1 million in pre-seed round investment led by Speciale Invest.
Locals -- more so in the area broadly called Nandigram lying across the minor Haldi River from Haldia -- fear a fresh round of land acquisition, as the state government pushes ahead with its petroleum, chemical and petrochemical investment region plans with Indian Oil Corporation and Calc Refinery Ltd as its anchor tenants. The PCPIR is one of the Left Front government's showcase projects in its efforts to accelerate growth in the state.
'Which is growing fast and where we are very strongly positioned.'
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
The police have so far seized approximately 1,700 kg of mephedrone from Pune and a couple of locations in Delhi.
Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.
Soy Sauce contains a chemical that may cause cancer, according to a food regulator. Food Standards Australia New Zealand (FSANZ), the governmental body responsible for developing food standards for Australia and New Zealand, says that ethyl carbamate (EC) is found in many common foods including soy sauce.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
NDRF director general Atul Karwal told PTI that the teams are undertaking continuous familiarisation exercises and conducting simulation drills in the temple town to respond to any contingency.
The ongoing weakness in the broader equity market is likely to weigh on primary market investor participation ahead, which has already begun showing signs of fatigue, analysts said. The spillover effect, they say, will continue as long as the midcap and smallcap segments remain volatile. "The effect will be felt in the IPO market. The subscription levels have come down in the last few days and recent 4-5 IPOs have not done well.
'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
Asserting that chemical weapons were used in Syria by the embattled Assad regime, US Secretary of State John Kerry termed the last week's attack that killed over 300 civilians a "moral obscenity" that should shock the conscience of the world.
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
Madhya Pradesh chief minister Shivraj Singh Chauhan urged the government to boycott next year's London Olympics because of the event's sponsorship deal with Dow Chemical company, according to local media reports.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
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