Infosys commits to hiring 20,000 graduates amid industry-wide layoffs and uncertainty.
A Haryana man who paid Rs 35 lakh to agents to facilitate his journey to the USA via the 'dunki' route was deported back to India after being apprehended in the US. The man, Pankaj Rawat, has filed a complaint with the Gujarat police accusing the agents of human trafficking and cheating.
Palm Springs Fire Chief Paul Alvarado confirmed that the explosion was intentional, with the blast damaging multiple buildings across several blocks.
Stopping SIPs during a downturn undermines the benefit of rupee-cost averaging.
Among the 11 equity sub-categories, thematic funds received the highest net inflows at Rs 9,017 crore, followed by smallcap funds at Rs 5,721 crore and flexicap funds at Rs 5,698 crore.
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.
The Securities and Exchange Board of India (Sebi) plans to roll out a new regulatory framework for registrar and transfer agents (RTAs) - the market intermediaries responsible for the record-keeping of bondholders and shareholders after a company offers securities to the public. The markets regulator, sources said, is considering a multifold increase in net-worth requirement, a move that may dissuade companies from having in-house RTAs for record-keeping. At present, the minimum net worth required for RTAs is Rs 50 lakh and Rs 25 lakh in categories I and II, respectively.
What are you going to watch on OTT this week? Sukanya Verma lists your options.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won't upset profits much in the long run. HDFC AMC has gained over 12 per cent in the last four sessions, while Nippon AMC and UTI AMC are up around 5 per cent. Aditya Birla Sun Life (ABSL), the only other listed AMCs, has risen more than 2.3 per cent in the last four sessions.
Capital markets regulator Sebi on Wednesday said it will auction 27 properties of Rose Valley group of companies on November 25 at a reserve price of Rs 63.26 crore in a bid to recover money raised by the firm from the public through illicit schemes. The properties to go under the hammer include flats, buildings, land parcels and hotels located in West Bengal and Bihar, the Securities and Exchange Board of India (Sebi) said in a notice. The e-auction will be conducted on November 25 between 11 am to 1 pm.
Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.
The agency, in its affidavit filed in response to Navlakha's plea, also claimed that he had 'committed acts that had a direct impact on the national security, unity and sovereignty'.
The Central Bureau of Investigation (CBI) has sent a judicial request to the United States seeking information from private investigator Michael Hershman, who has claimed to possess crucial details about the Rs 64-crore Bofors bribery scandal of the 1980s. Hershman, the head of the Fairfax Group, had previously expressed his willingness to share information with Indian agencies, alleging that the investigation into the scam was derailed by the then Congress government. The CBI's request comes after previous attempts to obtain information from US authorities yielded no results. This move highlights the continued efforts to uncover the truth behind the decades-old scandal, which has had a significant impact on Indian politics.
Most of the officials who were removed were posted in or around Rae Bareli and Amethi constituencies, represented by Sonia Gandhi and Rahul Gandhi, reports Sharat Paradhan
'It has the potential to sow seeds of furthering discord when the direction of the discourse is aimed at propagating the perceived supremacy of 'cultural nationalism' from a distant past over the prevailing dominance of 'Constitutional nationalism',' argues N Sathiya Moorthy.
The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.
Man City set to release skipper Gundogan and Mendy
Professional soccer has been suspended indefinitely across Europe since last month but countries and leagues are now planning for a return to training and competition without fans in attendance in May or June when restrictions are relaxed.
Investigation revealed that Kumbhar worked as an ISI agent and transferred Rs 5,000 through Paytm in the account of one Rizwan which was further handed over to the main accused Rashid.
List of major transfers in the top Premier League ahead of the 2019-20 season (all transfer fees as reported by British media):
Karim Benzema will leave Real Madrid as a free agent in the close season after 14 trophy-laden years
Pakistan is allegedly working on an offensive chemical and biological warfare program with the help of its 'all-weather friend' China.
Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo. This, its lawyers say, constitutes a case of infringement and dilution of its intellectual-property rights.
There can be many reasons for doing this; Naval Goel explains the entire process in seven simple steps
Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per cent M-o-M (up 12 per cent Y-o-Y), asset management companies (AMCs) had a great year with robust growth in assets under management (AUMs). AMCs are likely to report strong PAT growth (30-40 per cent Y-o-Y) in Q4FY24 on the back of AUM growth. In Q4FY24, domestic mutual fund (MF) industry's quarterly average AUM grew by 34 per cent Y-o-Y and 10 per cent quarter-on-quarter (Q-o-Q) to Rs 54 trillion ($652 billion).
The charge relates to the Premier League club's signing of young Southampton defender Calum Chambers for around 16 million pounds ($24.8 million) last year.
Shortly after conceding the presidential race to Donald Trump, Vice President Kamala Harris urged supporters to accept the election results and pledged to ensure a peaceful transfer of power to the Republican leader.
The 30-year-old is out of favour with Real and manager Zinedine Zidane has said the club are "working on his departure".
'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'
Fast, furious and fashionable, it's all there on OTT this week. Here's the action-packed menu.
Exchange rates play an important factor in international fund transfers
The incident took place at Asawati village in the Faridabad parliamentary constituency where polling was held on May 12.
Arsenal extend Aubameyang stay with new three-year deal
Real Madrid had courted Mbappe in the past but failed to land the player, who signed a contract extension with PSG in May 2022 when the Spanish club had a bid rejected.
'Indian football needs to work together and move in the same direction.' 'Only then will the competition in India improve, and the Indian national team will improve.'
The club said it did not break any rules in paying 13.4 million pounds ($24.2 million) to agents on top player transfers from 2001 to 2004.
North Korean leader Kim Jong-Un's half brother was assassinated with a lethal nerve agent manufactured for chemical warfare and listed by the UN as a weapon of mass destruction, Malaysian police said on Friday.
Not just unclaimed bank deposits, there are thousands of crores of rupees locked in unclaimed shares and insurance policies lying with many institutions across India.
India-Pak WC clash: Man arrested for posing as GCA official, cheating ticket seeker of Rs 2.68 lakh
