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TVS Holdings to acquire 80.74% equity stake in Home Credit India for Rs 554 cr

TVS Holdings to acquire 80.74% equity stake in Home Credit India for Rs 554 cr

Posted on: 11 May, 02:47 AM

Upon signing of a sale and purchase agreement, TVS Holdings and Home Credit shall proceed to obtain approvals from the Competition Commission of India and the Reserve Bank of India, respectively, for the transaction.

Tags: #India ,#India #Commission
Full story at Business Today
Bijith Bhaskar steps down as ICICI Bank Cards and Payments head

Bijith Bhaskar steps down as ICICI Bank Cards and Payments head

Posted on: 11 May, 02:47 AM

Bhaskar had been heading divisions like cards, payment solutions, e-commerce ecosystem, and consumer finance at ICICI Bank. This had marked the end of his 21 years tenure with the bank.

Tags: #years
Full story at Business Today
'Five storms headed towards Earth!': World bracing for first 'geomagnetic storm' in nearly 20 years

'Five storms headed towards Earth!': World bracing for first 'geomagnetic storm' in nearly 20 years

Posted on: 11 May, 02:47 AM

The last time there was a G5 or extreme geomagnetic storm was in October 2003, when it caused power outages in Sweden and damaged transformers in South Africa.

Tags: #time
Full story at Business Today
IIP data shows some pick up in consumption sentiment

IIP data shows some pick up in consumption sentiment

Posted on: 11 May, 02:47 AM

Some impact of low base, needs to be monitored, say experts

Tags: #impact #data
Full story at Business Today
Stovec Industries Q1 Results Live : profit rise by 94.12% YOY

Stovec Industries Q1 Results Live : profit rise by 94.12% YOY

Posted on: 10 May, 09:47 PM

Stovec Industries Q1 Results Live : Revenue increased by 35.05% YoY & profit increased by 94.12% YoY

Full story at mint
SAT Industries Q4 Results Live : profit falls by 38.13% YOY

SAT Industries Q4 Results Live : profit falls by 38.13% YOY

Posted on: 10 May, 09:47 PM

SAT Industries Q4 Results Live : Revenue increased by 7.8% YoY & profit decreased by 38.13% YoY

Full story at mint
Tesla’s Autopilot caused a fiery crash into a tree, killing a Colorado man, lawsuit says

Tesla’s Autopilot caused a fiery crash into a tree, killing a Colorado man, lawsuit says

Posted on: 10 May, 09:47 PM

Tesla’s Autopilot caused a fiery crash into a tree, killing a Colorado man, lawsuit says

Tags: #crash ,#crash
Full story at mint
Wall Street Offloads Crash Insurance as Fear Fades Across Assets

Wall Street Offloads Crash Insurance as Fear Fades Across Assets

Posted on: 10 May, 09:47 PM

After weeks of drama, peace is breaking out everywhere you look across Wall Street.

Tags: #weeks
Full story at mint
Suspected pirate attack in the Gulf of Aden raises concerns about growing Somali piracy

Suspected pirate attack in the Gulf of Aden raises concerns about growing Somali piracy

Posted on: 10 May, 09:47 PM

Suspected pirate attack in the Gulf of Aden raises concerns about growing Somali piracy

Full story at mint
A good monsoon, continuity of political setup and capex boom to keep us in good shape for next 12 months:

A good monsoon, continuity of political setup and capex boom to keep us in good shape for next 12 months:

Posted on: 10 May, 04:47 PM

Raamdeo Agrawal predicts BJP's Lok Sabha success, NDA gains, and current government continuity. Foreign investors sell billion daily due to election risk, causing market turbulence. Market bets on continuity for corporate earnings.

Tags: #government #investors #political #current
Full story at Economic Times
Oil & gas PSUs cut 15,700 jobs in 6 years even as revenue doubles

Oil & gas PSUs cut 15,700 jobs in 6 years even as revenue doubles

Posted on: 10 May, 04:47 PM

Over the span of six years, state-operated oil and gas enterprises reduced their workforce by 15,700 positions, constituting 14% of their total employees, despite a near doubling of their revenues. This downsizing trend particularly affected non-managerial roles.

Tags: #cut
Full story at Economic Times
Arvind Kejriwal bail: SC grants Delhi CM interim relief till June 1

Arvind Kejriwal bail: SC grants Delhi CM interim relief till June 1

Posted on: 10 May, 04:47 PM

The Supreme Court granted interim bail to Arvind Kejriwal until June 1, 2024, citing his elected status and the ongoing elections. However, it refused his request to extend bail until June 5. The court emphasized non-interference in governance while the Enforcement Directorate opposes the decision. Kejriwal was lodged in Tihar jail.

Tags: #Supreme #Court #refused #status #interim ,#interim
Full story at Economic Times
Good shot, bad shot: What you need to know about Covishield issue

Good shot, bad shot: What you need to know about Covishield issue

Posted on: 10 May, 04:47 PM

Covishield Side Effects: Controversies surrounding vaccine side-effects persist despite Covid-19 waning. Covishield, developed by AstraZeneca and Oxford University, faces scrutiny in India following reports of rare side effects. Legal battles and demands for compensation have emerged as families of alleged victims seek justice. Experts stress the importance of understanding risks versus benefits in vaccine administration.

Tags: #alleged
Full story at Economic Times
What Arvind Kejriwal's bail means for AAP's poll prospects

What Arvind Kejriwal's bail means for AAP's poll prospects

Posted on: 10 May, 04:47 PM

Punjab will cast its ballots on June 1 and Delhi on May 25, which is the last day of Kejriwal's bail period. On May 25, there will be elections in Haryana, where the AAP is vying for one seat among other opposition parties in the INDIA alliance. The Congress and the AAP have a seat-sharing agreement in Delhi, where the Congress is running for three seats and the AAP for four. They have not reached a seat-sharing agreement in Punjab; rather, they are fierce rivals and are running for numerous seats directly.

Tags: #Congress #day #poll #agreement
Full story at Economic Times
Muslim family says after death to 4, acquittals for 6 in Nuh gangrape, murders — ‘only 4 didn't do this’

Muslim family says after death to 4, acquittals for 6 in Nuh gangrape, murders — ‘only 4 didn't do this’

Posted on: 10 May, 06:47 AM

A CBI court sentenced 4 men to death in double murder & gangrape case based on forensic evidence like DNA & fingerprint analysis. But 6 others have been acquitted due to lack of evidence.

Tags: #case #men #murder
Full story at ThePrint
What happens to an ‘adopted’ village when a ‘parent’ MP moves on? The story of Mayawati and Mall

What happens to an ‘adopted’ village when a ‘parent’ MP moves on? The story of Mayawati and Mall

Posted on: 10 May, 06:47 AM

Fate of UP village adopted by Mayawati raises questions about the sustainability of the Adarsh Gram scheme once the ‘parent’ MP leaves Parliament.

Tags: #village ,#village
Full story at ThePrint
Blue Tokai, Black Baza, Third Wave—Indian entrepreneurs making coffee premium like wine, whiskey

Blue Tokai, Black Baza, Third Wave—Indian entrepreneurs making coffee premium like wine, whiskey

Posted on: 10 May, 06:47 AM

The artisanal and specialty coffee phenomenon isn’t limited to Delhi, Mumbai, and Bengaluru. It has percolated to Nagpur, Varanasi, and Indore, as well as other Tier-1 and Tier-2 cities.

Tags: #making
Full story at ThePrint
JJP's Dushyant Chautala says he'll back Congress in no-trust motion against Haryana's BJP govt

JJP's Dushyant Chautala says he'll back Congress in no-trust motion against Haryana's BJP govt

Posted on: 10 May, 06:47 AM

Chautala should parade 10 MLAs before governor to prove intent, says Bhupinder Singh Hooda. Ball in Hooda's court, JJP to give outside support to his government, retorts Chautala.

Tags: #BJP #MLAs #back
Full story at ThePrint
52 criminal cases & love of horses — who's Bihar ex-MLA Anant Singh, out campaigning on 15-day parole

52 criminal cases & love of horses — who's Bihar ex-MLA Anant Singh, out campaigning on 15-day parole

Posted on: 10 May, 06:47 AM

‘Chhote Sarkar’ Anant Kumar Singh, serving a 10-yr sentence in a Patna jail, was released on parole this week and is campaigning for JD(U)’s Lalan Singh in Munger.

Tags: #week
Full story at ThePrint
In Haryana, BJP's ex-ally Dushyant Chautala calls for floor test, Congress seeks time with governor

In Haryana, BJP's ex-ally Dushyant Chautala calls for floor test, Congress seeks time with governor

Posted on: 10 May, 06:47 AM

JJP's Chautala writes to Governor saying BJP govt has lost majority in House. Meanwhile, Congress is looking to submit memorandum to Governor on state's political situation.

Full story at ThePrint
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