Reserve Bank has directed banks to provide their eligible customers with an option to choose from multiple card networks at the time of issuing credit or debit cards, a move which will benefit card users. The central bank also asked issuers of credit cards not to enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks.
While the new Strike Corps is being raised, equipped and trained, the government must make vigorous efforts to speed up the completion of infrastructure projects. Otherwise, the army will have a new Strike Corps and not be able to launch it effectively, says Gurmeet Kanwal
China and India have made 'positive progress' to resolve the border standoff, with both sides maintaining close communication through diplomatic and military channels, a senior foreign ministry official said in Beijing on Friday.
The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the recently introduced Electric Mobility Promotion Scheme (EMPS) 2024. "A total of 11 firms have been granted approval under the EMPS, with several more under consideration," informed a senior official of the ministry to Business Standard. The scheme aims to sustain the growth in EV sales, replacing the Faster Adoption and Manufacturing of Electric Vehicles - II (FAME-II) scheme.
While the Army will be getting around 100 light utility helicopters, it is also looking at the option of taking choppers on lease to meet its requirement.
Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.
The PM inaugurated the 10th anniversary celebrations of the Indian Women's Press Corps.
Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.
This meeting is taking place after a gap of around four months.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
The strikes were concentrated in an area in Pakistan's Balochistan where "one of the largest headquarters" of Jaish al-Adl was located, the report said.
However, he will continue to hold 32,500 shares, 0.02 per cent of the paid-up capital, as an individual shareholder
China said that "sound and stable ties" serve the common interests of China and India.
Leh District Magistrate Santosh Sukhadeve posted this photo on his X account thanking the Indian Army's Fire and Fury Corps for successfully destroying 175 landmines in the villages of Phobrang, Yourgo and Lukung in Leh on Thursday, October 12, 2023.
The operation happened when a group of four heavily-armed terrorists was noticed sneaking into this side from across the IB in the Khour sector of Akhnoor in the early hours, the officials said.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
The last word may not have been said on the churnings within the Pakistan army or the extent to which army chief General Asim Munir is in control, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
The talks are following up the outcome of the 19th round of Corps Commander-level talks held between the two sides on August 13-14 at the Chushul Moldo border meeting point.
Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.
The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.
US media group News Corp and Italian financial holding Exor, which controls Ferrari through carmaker Fiat, are teaming up to explore options on how to run Formula One motor racing.
India and China held two days of military talks in an "open and constructive manner" for an early and mutually acceptable resolution of the remaining issues along the Line of Actual Control in eastern Ladakh and agreed to maintain peace on the ground.
The 75th Republic Day celebrations at Kartavya Path on Friday showcased India's rich cultural diversity, military prowess, and 'Nari Shakti'.
'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'
But the ISI chief did not retire giving the impression that he has won General Asim Munir's trust, notes Rana Banerji who headed the Pakistan desk at RA&W.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
The key meeting was held in Beijing on March 27, the MEA said in a statement.
However, flow of funds, would naturally rest on economic growth, reports Ajai Shukla.
'The necessity of a Mountain Strike Corps is well understood. The problem is in implementing the intention.'
Check out Hero MotoCorp's hottest new bike all set to be launched in India
The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
President Droupadi Murmu on Tuesday conferred Distinguished Service Awards, including 52 Ati Vishisht Seva Medals, on 84 serving and retired personnel of the armed forces and the Indian Coast Guard.
Anil Ambani Group firm Reliance Broadcast Network on Wednesday said it has completed its final negotiations with US media conglomerate CBS Corp to form a JV to own and operate TV channels.
The Army, stated that "in view of conflicting messages on social media regarding financial assistance to the Next of Kin of the deceased, it was important to clarify that emoluments due to the Next of Kin were governed by the relevant terms and conditions of service of the soldier".
Asia Corp Securities Ltds managing director Pratap V Padode resigned
China has reacted cautiously to India's proposal for the establishment of mountain strike corps along the Sino-Indian border, while the official media in Beijing ignored the development.
This is the fourth incident since the commencement of the conflict in Manipur wherein soldiers while on leave, on duty or their relatives have been targeted for nefarious interests by inimical elements.
Suspected terrorists fired upon a convoy of vehicles carrying security personnel in the Poonch district of Jammu and Kashmir on Friday evening, prompting security forces to launch a search operation, officials said.
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