ADDITION
The Agency: See latest cast addition to Showtime's spy drama
Jodie Turner-Smith joins the cast of "The Agency," an espionage series on Paramount+ With Showtime. The series stars Michael Fassbender, Jeffrey Wright, and Richard Gere, and follows a CIA agent navigating complex international intrigue.
Trump's vice presidential choice takes on an additional significance in shooting's aftermath
After surviving an assassination attempt in Butler, Pennsylvania, Trump will announce his VP pick Monday. Candidates include Vance, Burgum, and Rubio. He compared the process to 'The Apprentice.' Ronald Reagan chose George H.W. Bush at the 1980 convention. The RNC schedule remains unchanged. Trump discussed Biden's potential exit in an interview with Harris Faulkner; ABC News reported private meetings.
Retail chases reward over risk, equity MF folio additions hit a record in June
In June 2024, 4 million equity mutual fund folios were added, raising the total to 133 million, according to AMFI. Sectoral funds, contributing 37.84% of gross inflows and over 40% of new folios for a second month, spearheaded this growth.
Tamil Nadu BSP President murder: Accused killed in police encounter near Chennai
Police confirmed that Thiruvengadam, an accused in the murder of Tamil Nadu BSP President K Armstrong, was killed in a police encounter near Chennai. Eight suspects have been identified in the case, and 10 teams have been formed to investigate. Chief Minister MK Stalin expressed his condolences to Armstrong's family and ordered the police to conduct the case expeditiously.
Railways adds 92 general coaches in 46 trains, plans more
The Indian Railways has responded to recent reports of overcrowding by adding 92 general category coaches to 46 long-distance trains. In a statement, the ministry announced plans to expand this initiative to 22 more trains. The additional coaches aim to alleviate congestion and improve passenger comfort on routes including the Guwahati-Bikaner, Guwahati-Barmer, Guwahati-Lokmanya Tilak, Guwahati-Jammu Tawi, Mumbai-Bengaluru Udayan, and Mumbai-Amravati Superfast Express services among others.
Proptech startup Jugyah raises $1.5 million in funding from White Venture Capital, QED Investors, others
Jugyah, a proptech startup based in Mumbai, has raised $1.5 million in a funding round led by white Venture Capital and others. The company will use the capital to increase its reach within Mumbai. Its main competitors are Housing, Nobroker and Property Guru.
PNB introduces Safety Ring mechanism to enhance security for internet, mobile banking users
Punjab National Bank (PNB) launched 'Safety Ring' within internet and mobile banking to counter cyber frauds. This optional feature allows daily limit settings for term deposits (TDs) to be closed or used for overdrafts, reducing losses from unauthorized access. PNB stated this ensures transactions exceeding set limits are blocked through digital channels, enhancing security.
Delhi HC seeks Tihar reply to Arvind Kejriwal's plea for additional meetings with lawyers
The Delhi High Court has requested Tihar Jail authorities to respond to Chief Minister Arvind Kejriwal's plea for additional virtual meetings with his lawyers. Kejriwal, arrested in Delhi excise scam cases, has challenged a trial court's order rejecting his request for two additional meetings per week with his lawyers via video conference. The jail authorities have been allowed two meetings per week.
Three get life imprisonment for killing Palghar man in 2016
A Thane court has sentenced three persons to life imprisonment for killing a man in 2016 and robbing his jewellery, saying the motive behind the offence is "very dangerous" and gives a wrong message to the society. Additional Sessions Judge Vasudha L Bhosale, in her order on Saturday, also imposed a fine of Rs 7,500 on each of the accused.
"Secured 8 suspects so far": Chennai Police on murder of Tamil Nadu BSP president
Chennai Police have apprehended eight suspects linked to the murder of Tamil Nadu BSP president Armstrong, who was fatally attacked by an unidentified group near his home in Perambur. Meanwhile, Devprakash Madhukar, a key figure in the Hathras stampede case that claimed 121 lives, surrendered to authorities. His lawyer stressed Madhukar's cooperation in the investigation. Congress leader Rahul Gandhi also visited Hathras to console families affected by the tragic event.
Government notifies additional provisions in Telecom Act 2023
The government has notified new sections of the Telecommunications Act focusing on spectrum utilization and regulatory appointments. The Act aims to enhance efficiency through methods like sharing and trading of spectrum.
Indian fintech sector sees 59% drop in funding in H1 2024, remains among top three globally
The fintech sector saw a nearly 60% slump in funding for the first six months of 2024. Startups in the space raised $795 million during this period, as against $1.9 billion in the first half of 2023.
India's high input tariffs stifle smartphone export growth, industry calls for reductions & policy changes in Budget 2024
Union Budget: India's efforts to increase smartphone exports through the production-linked incentive (PLI) scheme face challenges due to high tariffs on input parts and barriers for global firms entering its value chains. Despite the PLI scheme's success in boosting smartphone production beyond domestic demand, these tariffs, averaging 7.4%, are significantly higher than in competitor countries like China's bonded zones where tariffs are 0%.
Britannia appoints ex-RBI Guv Urjit Patel as independent director
Britannia has appointed former Reserve Bank of India Governor Dr. Urjit Patel and Atul's MD Sunil Siddharth Lalbhai as Additional Non-Executive Independent Directors for five consecutive years, effective from July 2, 2024, to July 1, 2029. Patel served as the 24th Governor of RBI and was Deputy Governor from 2013 to 2018.
Avenue Supermarts Q1 Update: Standalone revenue jumps 18% YoY to Rs 13,712 crore
Avenue Supermarts, owner of DMart, reported a 22.4% increase in consolidated net profit to Rs 563 crore for the quarter ended March 2024, driven by a 20% YoY jump in revenue to Rs 12,727 crore. The company also witnessed a 22.3% YoY growth in EBITDA to Rs 943 crore, with operating profit margins expanding by 13 basis points to 7.41%.
Revised mining guidelines to introduce stringent steps to optimise coal extraction: Ministry
The revised mining plan guidelines aim to optimise coal extraction through stringent measures, balancing flexibility for mine owners with responsibility and accountability. The guidelines were discussed during a stakeholders' consultation with 25 coal and lignite mining companies, including PSUs and representatives from various states. The new guidelines focus on sustainable coal mining by including restoration, remediation, and regeneration measures to address environmental and community concerns.
Tech-enabled construction startup Wify raises funding from Mount Judi Ventures, Capria Ventures
The Mumbai-based on-site installation and post purchase services provider said it will use the funds to penetrate deeper into existing categories. Wify will also The Mumbai-based on-site installation and post purchase services provider said it will use the funds to penetrate deeper into existing categories, company said in a statement.
Milk prices not hiked as additional cost is for additional quantity of milk: Karnataka CM
Karnataka Chief Minister Siddaramaiah on Wednesday defended the Rs two hike in 'Nandini' milk prices, which now come with an additional 50 ml of milk in half-litre and one-litre packets. This adjustment has been made to support farmers in light of increased milk procurement. He emphasized that milk prices have not actually been raised.
SaaS startup Rocketlane raises $24 million in funding
B2B SaaS startup Rocketlane has raised $24 million in funding led by 8VC, Matrix Partners India and Nexus Venture Partners. The company will use the funds to launch new products, innovate its customer portal, and accelerate its AI plans, it said in a statement. Rocketlane has so far raised $45 million in funding.
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