Tag: syndication
Sena MLAs: SC allows Speaker last chance for decision
A final chance has been given to Maharashtra Assembly Speaker Rahul Narwekar by the Supreme Court to set a realistic timeline for deciding the cross-petitions filed by the rival factions of the Shiv Sena seeking disqualification of each other’s MLAs follo...
SC reserves verdict on Sisodia’s bail pleas in CBI, ED cases
The Supreme Court on Tuesday reserved its verdict on the regular bail pleas of former deputy chief minister and Aam Aadmi Party (AAP) leader Manish Sisodia in corruption and money laundering cases arising out of the Delhi excise policy ‘scam’. A bench of...
BJP alleges 60% corruption by Siddaramaiah govt
It was the Congress’s ‘40% corruption campaign’ ahead of the elections that led to the defeat of the Bharatiya Janata Party (BJP) and brought the former to power. The same anti-corruption campaign – at ‘60%’ under the Congress regime, according to the BJP...
Akhilesh says MP Cong-SP impasse ominous for 2024
The apparent breakdown of alliance talks between Congress and Samajwadi Party in Madhya Pradesh could impact the INDIA alliance plans in Uttar Pradesh in 2024, SP chief Akhilesh Yadav has said, adding that his party could fight the BJP on all 80 seats. SP...
India, UK Hold First ‘2+2’ Foreign & Defence Dialogue To Boost Cooperation
NEW DELHI: The inaugural India-UK ‘2+2’ foreign and defence dialogue on Monday saw the two sides focusing on ways to boost cooperation in a range of key areas such as trade and investment, defence, critical technologies, civil aviation, health and energy....
HSBC Set For Debut In India Land Financing
MUMBAI: Global banking major HSBC is looking to get into funding real estate development in India through the FPI route. It might also enter the private debt space in other sectors as well, sources said. “They are big in Asia in real estate private debt....
Dubai witnesses unleashing of a new AI era
Arabian Post Staff Dubai unleashed a new era of global AI dominance as Gitex Global brought together the world’s brightest minds, forward-thinking governments, and the most advanced companies to redefine the boundaries of the AI economy and shape the futu...
Study ranks UAE as least cyber-secure
Arabian Post Staff Despite its high internet usage, the United Arab Emirates has the lowest National Cyber Security Index score at 40.26, making it the least cyber-secure country in a study conducted by Proxyrack. ADVERTISEMENT The study revealed which de...
Muted Revenue Growth, Higher Profitability For RIL In Quarter Ending September
MUMBAI: For Mukesh Ambani’s Reliance Industries (RIL), analysts estimate higher profit growth for the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), while revenue growth is expected to remain subdued. Key monitorables include guidance o...
Food Inflation May Remain Elevated, Seen Above 6% In H2
NEW DELHI: A sharp decline in tomato prices may have caused the headline CPI (Consumer Price Index) inflation to plunge to 5.02% in September from 6.83% in August, but risks to food prices still persist, and experts see retail-food inflation staying above...
Microsoft-owned LinkedIn announces fresh layoff! Nearly 700 get pink slips
LinkedIn, the Microsoft-owned career network company, announced new round of layoffs on Monday. Nearly 700 people have been handed over the pink slips as part of company’s new policy. The layoffs will impact finance, product, engineering and talent teams....
SEBI, RBI Investigating Some Alternate Investment Funds: Sources
India‘s markets regulator and its central bank are investigating about a dozen cases of alternate investment funds (AIFs) allegedly being used to circumvent regulations, including “evergreening” of stressed loans, according to three sources with direct kn...
GDP Growth Estimated At 6.3 Per Cent For 2023-24: FICCI Economic Outlook Survey
The Indian economy is projected to grow by 6.3 per cent in FY24 with a minimum and maximum growth estimate of 6.0 per cent and 6.6 per cent respectively, according to the latest Economic Outlook Survey released by the Federation of Indian Chambers of Comm...
Swiggy Raises Platform Fee to Boost Unit Economics, Extends Nationwide
Swiggy, the food delivery platform, increased its platform fee on food delivery orders from Rs 2 to Rs 3 on October 4. At first, the fare hike was introduced in Hyderabad and Bengaluru and later extended nationwide. Presently, Swiggy imposes a platform fe...
Rekha Jhunjhunwala’s Portfolio Registers Record High At Federal Bank
The Federal Bank has released the results of the second quarter of the current financial year. In July-September 2023, the company recorded a net profit increase of 35.6 per cent to Rs 953.82 crore. In the same period, the bank’s net interest Income (NII)...