My son will be happy to see me on road: Vijaypat Singhania on Raymond boss Gautam | Full text
During the interview, Vijaypat Singhania reflected on his relationship with his son Gautam and expressed regrets over relinquishing his assets to him. He also said that Gautam Singhania would be “happy to see him on the roads”. Key Points
India TodayThanks to Kolkata crowd, they were trying to give me farewell: Dhoni drops IPL retirement hint
I will just say thanks for the support, they came in big numbers. Most of these guys will come in a KKR jersey next time. They are trying to give me a farewell, so thanks a lot to the crowd, Dhoni kept it open-ended even as he took a picture with all groundsmen, one last time. Key Points
Economic Times$521 mn total deal wins' the highest we have seen in Persistent Systems: CEO
Sandeep Kalra says: “In terms of industry verticals, we have said it over the past several quarters, that healthcare life sciences will lead the growth for us for the next several quarters, followed by technology companies, followed by BFSI. And that is the trend that we are seeing in our order book and that should pan out for us as well.” Key Points
Economic TimesChristmas 2023: Alia Bhatt's intimate celebration with Ranbir Kapoor and family is all heart
The actress shared some pictures on Instagram with Ranbir, mother Soni Razdan, sister Shaheen, filmmaker and friend Ayan Mukerji, and wrote- 'grateful for this bunch.. grateful for so so much..' Key Points
Firstpost'Ultra Woke' Gemini Lands Google In Trouble | How Can AI Chatbots Be Trained On Bias? | Chapters
In less than a month of launching its new Gemini AI image generator, Google has had to pull it down. Gemini's apparent inability to generate images of white people and accurately depict historical images has led to widespread backlash. In a blog post, Google apologised for the faulty rollout, and for the embarrassing and wrong pictures that were being generated. But this brings us to the question, how exactly are chatbots really trained - and what goes into ensuring that they give accurate responses that are not biased or offensive -- and how can this be controlled considering we're in the age of AI and in the middle of an election year? Key Points
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'Why would Rahul Gandhi give flying kiss to 50-year-old?' Congress MLA sparks row
Congress MLA from Bihar, Neetu Singh, has sparked a fresh row after she defended Rahul Gandhi's 'flying kiss' act and said Rahul Gandhi "has no dearth of young girls". Singh's remarks have drawn the BJP's ire, with party leaders terming the statement 'shameful'. Key Points
India TodayHimachal Pradesh to be richest state in 10 years: Sukhvinder Singh Sukhu
We are aggressively pushing for green hydrogen and solar energy in setting up industry. Another focus of our budget will be on tourism. We have made a big jump from a budget of Rs 50 crore to Rs 3,000 crore, says Sukhvinder Singh Sukhu. Key Points
Economic Times10 Bold Quotes by Elon Musk on Entrepreneurship and Technology
Elon Musk is an American business tycoon, engineer, and inventor. He is the co-founder and CEO of SpaceX, product architect and CEO of Tesla, Inc., and chairman of Neuralink. Key Points
Times of IndiaDFS Secretary meets officials from 10 departments to boost enrolments under PMJJBY, PMSBY
As a step towards amassing scale, Secretary, Department of Financial Services (DFS), will also be taking a meeting with the heads of all public sector banks on April 13, 2023 to ensure that the campaign reaches maximum eligible beneficiaries, it said. PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account, who give their consent to join or enable auto-debit of premium. Key Points
Economic TimesPiya Valecha: I do not let rejection take a toll on me
Actor Piya Valecha advises actors not to take rejections personally in the difficult industry. She wants makers to give actors the right to audition before rejecting them. Valecha is exploring opportunities in OTT platforms for now. Key Points
Hindustan Times
Karnataka govt to give 2.32 lakh houses to beneficiaries in major housing scheme
Karnataka government will provide 2.32 lakh houses to beneficiaries, bearing costs of roughly ₹8000 crore, housing minister Zameer Ahmed Khan said. | Bengaluru News Key Points
Hindustan Times'You give me plot, I'll give you job': BJP minister mocks Lalu Prasad Yadav
On Friday, the ED carried out raids at over 24 locations in the national capital region (NCR), Patna, Ranchi, and Mumbai, including the residence of Lalu Prasad Yadav’s son Tejashwi Yadav and daughters, and recovered ₹70 lakh cash, 1.5 kg gold jewellery, 540 grams of gold bullion and foreign currency, including 900 US dollars. | Latest News India Key Points
Hindustan TimesElie Hassenfeld Q&A: ‘$5,000 to Save a Life Is a Bargain’
Here’s Elie Hassenfeld, your high school EA crush. As effective altruism spirals into self-doubt, the idealist quant is still at it, helping Silicon Valley richies give away hundreds of millions each year. Key Points
WIREDCNN-News18 Indian of The Year 2023: Was Shah Rukh Khan's remark 'If I play the bad guy' a dig at Ranbir Kapoor's Animal?
Speaking at the News18 event, the actor said, 'I am someone who is hopeful and likes to tell happy stories. I play characters who do the good things and give hope and happiness.' Key Points
FirstpostBlast at Indian chemical plant kills seven, injures 24
The company will also cover the medical expenses of the injured workers and give 2.5 million rupees per person in case of any permanent disability . Aether will shut the affected plant in Surat for a few days to cater to structural audit, forensics (and) survey , a source told Reuters on condition of anonymity. Key Points
Economic Times
22 lakh BPL families may not get DBT benefit immediately under Anna Bhagya scheme
Karnataka has 1.28 crore ration card of Antyodaya Anna Yojana and Priority Households and 99 per cent of these cards are seeded with Aadhaar numbers. Among them, 82 per cent comprising 1.06 crore of these cards are linked with active bank accounts. Key Points
Economic TimesVarun Dhawan and Janhvi Kapoor's 'Bawaal' trailer to be unveiled in Dubai: Report-Entertainment News , Firstpost
The source shares, “The makers are expecting a turnout of about 150-200 fans. It is supposed to be an experiential event that will give the fans a feel of the film.' Key Points
FirstpostET Exclusive: We know how to handle the fallout of high US rates, says Finance Minister Nirmala Sitharaman
For India, this coming quarter is the quarter when people open up their purses (festive season). They go out spending and it is not as if it is some onetime thing. It pans between September and goes till December. Till after the new year you would have enough reasons to believe that demand situation is going to only go up. So, I expect the next quarter will also do well, says FM Nirmala Sitharaman. Key Points
Economic TimesSalary hikes likely to remain flat this year
Engineering firms and non-banking financing companies (NBFCs) are likely to give hikes of over 10%, according to Aon. This set is followed by automobiles, financial institutions, fast-moving consumer goods (FMCG), tech platforms & products, professional services and global capability centres (GCCs), where increases are seen in the 9.5-9.9% range. Key sectors that see increases slowing include ecommerce (to 9.2% from 9.6%), retail (8.4% from 9.2%), startups (8.5% from 9%), and tech consulting & services (8.2% to 9.1%). Key Points
Economic TimesAaditya writes to Chahal about corruption in BMC
“I had simply asked for the itemised market cost of ordered items. While the BMC could have given that, it chose not to give that and gave us another chance to doubt. The response states that four items have been purchased, as per the Unified Schedule of Rates (USOR) of the BMC. However, when was this USOR last revised, and what items have been purchased as per that, in what quantity and at what cost,” Thackeray questioned in his letter | Mumbai news Key Points
Hindustan Times
Project K team drops BTS clip on ‘raiders’, fans react: Going to give Hollywood…
Project K team has unveiled a BTS video on 'the raiders'. Fans have said that it is going to give ‘Hollywood tough competition’. See the post here. | Bollywood Key Points
Hindustan TimesSanjiv Bhasin on why he prefers Reliance Retail to Trent, says midcap rally is here to stay
“Some of the beaten down banks will lead the rally. Axis is looking very strong. I think that is deserving of a re-rating. Pharma stocks are leading the flow and that is evident from the likes of Dr Reddys and HCL Tech and so on. There is a basket of stocks and it is about time Reliance started to show its colours.” Key Points
Economic TimesWhen Amitabh Bachchan said he and Rajinikanth give each other advice but never follow it: ‘We always have nok-jhok’
Amitabh Bachchan said he considers Rajinikanth to be a part of his family. The actor thanked him for his support. Key Points
The Indian ExpressAmritpal, associates skipped from car at first check point
“I am ready to give my arrest. If Police don’t come to arrest me then I will give to nearby Gurudwara in morning and give arrest. I am in Mercedes car. I am not far away from where we were stopped,” said Harjit Singh. Key Points
The Indian ExpressThe British are coming for your white-collar job
American businesses are sending all types of work across the Atlantic, drawn by depressed U.K. salaries, tax incentives and a weak currency. Key Points
mint
CSK beat RCB by six wickets in IPL opener
Anuj Rawat (48 off 25) and Dinesh Karthik (38 not out off 26) shared a 95-run stand off 50 balls for the sixth wicket to give some respectability to the total. Mustafizur Rahman was the stand out bowler for CSK taking four wickets. In response, CSK got home in 18.4 overs after contributions from debutant Rachin Ravindra (37 off 15), seasoned Ajinkya Rahane (27 off 19), Shivam Dube (34 not out off 28) and Ravindra Jadeja (25 not out off 17). Key Points
Economic TimesSwiggy delivery agent tries scamming customer in Gurgaon, becomes aggressive when denied money
The customer shared that the incident happened in Gurgaon. The agent told the user that his wife is pregnant and he needs ₹5,000 for the operation fee. | Trending Key Points
Hindustan TimesBFSI stocks: They shed weight much before others do, time to be contrarian and buy?
The kind of correction the broader market is witnessing in the last few days, the financial services sector had seen that few months ago. Infact, if one looks at the overall picture this phase of correction was led by one private sector bank and the other parts of the BFSI came under pressure at the start of 2024. For two reasons, first is that RBI has been doing a policy tightening and regulatory cleanup excerise, so there were some margin hits coming in earnings. Second, they are heavily owned by foreign portfolio investors who have been sellers in the Indian markets. A large number of times they give an advance indication of what the broader market might look like in near term. Similarly, the other way round, these stocks on a relative basis have performed better than others in the last few days. The first streak of relative outperformance is good enough indication for them to be brought on watchlist. Key Points
Economic TimesRameshwaram Cafe blast: How it happened and what is state govt doing to nab the culprit?
A blast at Rameshwaram Cafe in Bengaluru's IT hub injured 10 people. The leader of the Bharatiya Janata Party (BJP) Tejasvi Surya trained guns at Karnataka Chief Minister Siddaramaiah. He said that the CM must give free hand to agencies to investigate the blast incident, adding that the state government is repeatedly changing its narrative on the matter. Key Points
Economic TimesIncorrect or premature conclusion of Adani probe will not serve justice, SEBI tells SC
SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension. Key Points
ThePrint
Bosses finally accept nobody wants to work on Fridays & companies are trying new tricks to bring workers b
Bosses are introducing new ways to combat the Friday lull, such as “Flow Fridays”, “Focus Fridays”, and “Flex Fridays”. Productivity on Fridays has become more important due to declining engagement rates after the pandemic. Managers are trying to boost morale and productivity by giving employees breaks and meeting-free Fridays. Key Points
Economic TimesPut money in select midcaps; one stock that can give 50% return in next 3 months: Sanjiv Bhasin
Sanjiv Bhasin believes that the odds of continuation of the government and policies are getting stronger after three straight elections, with Bihar turning Paltu being a significant event. He also highlights the outperformance of PSUs, the moderation of inflation numbers by the Fed, and the upcoming election verdict as factors contributing to reduced uncertainty. Bhasin suggests investing in midcaps, specifically mentioning Electro Force as a stock that can potentially provide a 50% return in the next three months. Key Points
Economic TimesIncorrect or premature conclusion of Adani probe will not serve justice, SEBI tells SC
SEBI, on 29 April 29, had sought 6 months to complete its probe, rather than 2 months. However, the Supreme Court said on Friday it was inclined to give a three-month extension. Key Points
ThePrintHad Nehru taken the right steps, PoK would have been part of India; it was a historic blunder: Amit Shah
The Lok Sabha discussed two bills related to Jammu and Kashmir, with Union Minister of Home Affairs stating that Pakistan occupied Kashmir belongs to India. The bills aim to give justice to those deprived of their rights for the last 70 years and give them a voice in the legislature. The BJP leader debated that tackling terrorism without considering vote-bank politics would have prevented Kashmiri Pandits from leaving the Valley. Key Points
Economic TimesLending to the bottom of pyramid: 4 small finance banks with upside scope of up to 36%
When it comes to the rural economy, most believe that it is auto and FMCG companies which give a good idea how the rural economy is working, But there is another set of companies which might have a better insight on how the rural and even semi urban part of the economy are doing because they work in this part of the country and also because of the fact of lending in those businesses which operate in the area. Despite all the headwinds, these small finance banks have been able to grow. Key Points
Economic Times
This Diwali be bullish but selectively: 7 largecap stocks with right mix of RoE & RoCE
Once again bulls have shown that while bears have the right to make a comeback attempt, bulls who have ruled the street for the last three years are in no mood to give up easily. That was reflected in improved market breadth even though nifty and sensex had been only moving in range bound mode. While the recent performance has been good, given the valuations, it would be better to be selectively bullish and put more checks and balances both in terms of quantitative and qualitative parameters while looking at stocks. Key Points
Economic TimesIsrael struck ambulance convoy outside hospital, claims Gaza Health Ministry
According to the health ministry spokesperson, the convoy was targeted both at the hospital gate and at Ansar Square a kilometer away. He did not give a figure for casualties in the incident. Key Points
India Today