India News
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In wake of protests against the Citizenship Amendment Act, the Uttar Pradesh administration has imposed Section 144 in the entire state as a preventive measure. Under the section, assembly of four or more people in an area is prohibited.
Internet services in several districts have also been suspended to curb the spread of fake information through social media. The affected districts include Bulandshahar, Agra, Sambhal, Bijnor, Saharanpur, Ghaziabad, Muzaffarnagar, Firozabad, Mathura, Shamli, and Aligarh.
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Shares of Allahabad Bank bounced 10.98 per cent to Rs 19.70 per share on the BSE on Friday after the state-owned bank said the President has sanctioned fresh capital infusion of Rs 2,153 crore, to be released during the current financial year of 2019-20.
The President has sanctioned the release of fresh capital infusion fund of Rs 2,153 crore towards contribution of the Central Government in the preferential allotment of equity shares of the bank during the financial year 2019-20, as Government's investment, the bank said in an exchange filing, post-market hours, on Thursday.
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Senior Congress leader P Chidambaram slammed the BJP on Thursday, saying with a focus on the National Population Register, Citizenship Amendment Act and a countrywide NRC, it wants to somehow implement its Hindu Rashtra project.
Speaking at a programme, organised by a Left-backed outfit, he also criticised the IIT Madras director over a German student, Jacob Lindenthal, being asked to leave the country allegedly because he had taken part in a protest against the CAA.
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As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups.
This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the ‘India Tech Annual Factsheet - 2019’ compiled by data analytics firm Tracxn.
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A stock swap offer to help shareholders of billionaire Mukesh Ambani’s unlisted retail business monetize their investment has valued the unit at $34 billion.
Share owners in Reliance Retail Ltd. can exchange four shares for one of its listed parent Reliance Industries Ltd., according to a so-called scheme of arrangement posted on the group’s website.
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Manappuram Finance Ltd on Thursday said it plans to raise up to Rs 350 crore through issuance of non-convertible debentures on private placement basis.
The financial resources and management committee of the board of directors of the company on Thursday approved the issuance of rated, secured, redeemable non-convertible debentures having face value of Rs 10 lakh each for the amount of Rs 350 crores, Manappuram Finance said in a regulatory filing.
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The Department of Telecom will soon seek sector regulator Trai's recommendations on pricing and other modalities for coveted 5G bands of 24.75-27.25 GHz, and wants to put this new spectrum up for auction sometime next year, sources said.
This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on December 20, under which 8,300 MHz of airwaves across 22 circles are set to be put on block in March-April 2020.
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Shares of Jet Airways (India) were locked in 5 per cent upper circuit for the seventh straight day at Rs 28.25 on the BSE on Thursday as the creditors of the shuttered airline decided to seek fresh initial bids for the airline. The stock is trading at its highest level since September 30, 2019.
The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday.
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Following dozens of Indian-Americans facing difficulties at airports while travelling from the US to India over provisions in the OCI, an eminent Indian-American activist has said that the card should not be considered as “a multi-purpose lifelong visa” and demanded the Indian government fix major loopholes in it. Under the provisions of the OCI card, which gives the cardholder lifelong visa to India, those below 20 years and above 50 years need to renew their OCI card every time they have their passport renewed.
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Former England captain Michael Vaughan has slammed the International Cricket Council's ranking system, terming it as absolute garbage.
India are currently ranked number one in ICC Test team rankings, followed by New Zealand, South Africa, England and Australia.
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