DOWN FROM RS 3
We got Rs 1.08 cr aide from govt: Kin of deceased Agniveer
Singh was speaking after Leader of Opposition in the Lok Sabha Rahul Gandhi, while referring to the Agnipath military recruitment scheme, claimed the government regards Agniveers as "use-and-throw labourers" and does not even give them the status of a "shaheed (martyr)".
SBI manager in Telangana arrested for siphoning Rs 3.3 crore
SBI Ramanthapur branch manager, Ganga Mallaiah Bhageeratha, was arrested for siphoning Rs 3.3 crore from customers' loan accounts. He transferred the funds to personal and family accounts. Accused of cheating and forgery, Bhageeratha and Shaik Saidulu from CAG Banjara Hills branch manipulated loan approvals with fake documents, tricking account holders into transferring excess funds. Bhageeratha is in judicial remand.
Novavente raises $3 million from Highbrow Securities
The partnership with Highbrow Securities is also expected to enhance Novavente's market credibility as it prepares for a public listing on the London Stock Exchange. The sales consulting firm will use the fresh funds to fuel expansion plans and enhance offerings and services. Beyond its core business, Novaventa has also invested in developing generative AI products.
VinFast making a tiny EV for about Rs 8 lakh to change its fortunes. Is it coming to India?
Designed specifically for the Vietnamese and other Asian markets, the VF3 is priced for "mass appeal", according to VinFast. The VF3 might also appeal to Indian families looking for a compact car with a range suitable for getting around in India's crowded cities.
Adani Group to increase capex in FY25 to Rs 1.3 lakh crore from Rs 70,000 cr
Adani Group plans to increase FY2025 capital expenditure to Rs 1.3 lakh crore ($15.6 billion) from Rs 70,000 crore. Adani Green Energy will allocate 340 billion rupees to add 6 gigawatts of capacity. The conglomerate aims to leverage India's infrastructure growth, dismissing rumors of a stake in Paytm but open to fintech opportunities.
How to save Rs 1 crore in 10 years, 15 years, 20 years: Check how much you need to invest every month
Path to becoming a crorepati? Owning Rs 1 crore is an investor's dream. Strategic investments, like SIPs in equity funds, can help reach that goal. Regular investing and a long-term view are crucial. Even a Rs 1,000 SIP can grow substantially over time, thanks to compounding. Disciplined investing is key to turning your crorepati dream into reality. Here is how to accumulate Rs 1 core from mutual fund SIPs in 10 years, 15 years, 20 years and 25 years.
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'Bigg Boss OTT 3': Chandrika Dixit shocks contestants with earning THIS much per day from vada pav sales
'Bigg Boss OTT 3': In a surprising revelation, Chandrika Dixit, known as the 'Vada Pav Girl,' disclosed that she earns ₹40,000 per day from selling vada pav on the streets of Delhi. This revelation astonished her fellow contestants. Before joining the show, Chandrika addressed misconceptions about her personality and shared her motivations for participating in the reality series, aiming to showcase her true self beyond the perceived anger. Hosted by Anil Kapoor, Bigg Boss OTT 3 features a diverse group of contestants and began streaming on June 21 on JioCinema.
How to deploy Rs 2 crore inheritance to meet child education expenses & retirement goals
If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts.
Gold Price Today: Yellow metal down by Rs 3,000 in a month, silver down by Rs 5,000
Gold prices for MCX August contracts started Thursday flat at Rs 71,746 per 10 grams, following a decline of Rs 2,950 over the past month. Meanwhile, silver July contracts, which dropped by Rs 5,000 during the same period, opened higher today by Rs 775 or 0.87% at Rs 90,250 per kilogram.
'Bigg Boss OTT 3' first contestant revealed: Meet Chandrika Dixit aka the viral 'Vada Pav Girl' from Delhi
Chandrika Dixit, popularly known as the 'Vada Pav Girl,' has been announced as the first confirmed contestant for Bigg Boss OTT 3. The news was shared by JioCinema on their social media platforms. Chandrika gained fame through a viral video showcasing her vada pav stall in Delhi. The third season of the reality show, hosted by Anil Kapoor, will begin streaming on June 21.
Reliance Jio down: Users report issues with JioFiber & mobile internet
Reliance Jio is currently experiencing a widespread service outage across India, impacting access to communication applications and affecting remote employees. According to Downdetector, there is a notable issue with both fiber and mobile internet connectivity. Complaints surged to about 2,300 reports around 1:41 pm, subsided briefly by 2:11 pm, but then increased again with over 1,900 complaints.
Gold Price Today: Yellow metal dips by Rs 3,500 from all-time high, silver down by Rs 3,300 in June
Gold and silver prices on MCX reacted to market trends influenced by the USD index, Fed comments on inflation, jobless claims, and specific support and resistance levels, with buying recommendations for investors.
Mercedes Benz to make Rs 3,000 crore investment in Maharashtra: minister
German car-maker Mercedes Benz will invest Rs 3,000 crore in Maharashtra, according to state Industries Minister Uday Samant. During his visit to Germany, Samant met with top executives of Mercedes Benz to discuss investment opportunities. This investment is expected to create employment opportunities in the state. The announcement comes as a boost for the Shiv Sena-BJP-NCP government, which has faced criticism from the opposition for losing major industrial projects to other states, including Gujarat.
Creme Castle raises Rs 7 crore seed funding from V3 Ventures
CRISIL data shows Indian bakery market is expected to grow in the range of 11-12% between 2024 to 2028, to reach sales of Rs 1,850 billion by FY2028. Citing the same data Creme Castle said since Indians are spending more on celebrations and because of social media the demand for their product rose in tier 2 and tier 3 cities.
ICICI Pru Life shares down 0.3% as Nifty gains
A total of 3,136 shares changed hands on the counter till 12:53PM (IST).
Equity MF inflows surge 83% to Rs 34,697 crore in May; debt flows plunge 78%
In May, equity mutual funds experienced a notable 83% increase in inflows to Rs 34,697 crore from April's Rs 18,917 crore. Sectoral/thematic funds saw a remarkable 272% surge, reaching Rs 19,213.43 crore from Rs 5,166.05 crore in April. Flexi cap funds followed with Rs 3,155.07 crore in May, up from Rs 2,172.93 crore in April.
Annapurna Devi: From homemaker to central minister
Homemaker Annapurna Devi, sworn in as Union Minister in the Narendra Modi government, secures a seat in Modi 3.0, consolidating the BJP's OBC vote bank for upcoming Assembly elections.
Vande Bharat average speed down from 84 kmph to 76 kmph in 3 years: RTI response
The average speed of Vande Bharat trains has decreased from 84.48 kmph in 2020-21 to 76.25 kmph in 2023-24 due to infrastructural work and geographical constraints.
Amul milk price hiked by Rs 2/litre from today, sparks consumer concerns post elections
The Gujarat Cooperative Milk Marketing Federation (GCMMF) has announced a Rs 2 per litre price hike for all variants of Amul milk, effective from Monday. The decision was made in response to the rising costs of operation and milk production. Jayen Mehta, Managing Director of GCMMF, confirmed the price increase, noting that the last adjustment was made in February 2023. The hike aims to compensate farmers for their increased production costs.
Q4 Results: Prestige Estates profit down 70% to Rs 140 cr
Prestige Estates Projects, a leading real estate developer, reported a 70% decline in net profit to Rs 140 crore for the quarter ending March 2024. Despite the decrease, the company saw growth in the 2023-24 fiscal year, with increased total income and net profit.
GIC Re Q4 Results: Net profit rises 3% to Rs 2,642 crore
GIC Re on Tuesday posted a 3 per cent increase in net profit to Rs 2,642 crore for the fourth quarter ended March 2024 compared to Rs 2,564 crore in the same quarter a year earlier.
Government to get Rs 3,662 crore from LIC as dividend
The government, the largest shareholder in the company, currently holds 96.50% stake in it accounting for 6,10,36,22,781 shares out of 6,32,49,97,701 fully paid up equity shares.
Stock market fraud via WhatsApp, Facebook, Telegram: Two investors lost over Rs 3 crore; how to identify scam and protect yourself
Stock market scams via WhatsApp, Telegram, Facebook or Instagram: Two investors lost over Rs 3 crore in separate scams, highlighting a concerning trend. Fraudsters lure victims via social media with promises of high returns. They use fake profiles, apps, and WhatsApp groups to build trust before blocking withdrawals. Beware social media stock tips promising high returns. It's a scam! Learn how to identify fraudsters and protect yourself. Read for modus operandi and red flags here.
ITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates
ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.50/share for the financial year ended March.
Max Healthcare Institute Q4 Results: PAT down 3% YoY to Rs 311 crore
Max Healthcare Institute Ltd on Wednesday reported a 2.81 per cent decline in profit after tax at Rs 311 crore in the fourth quarter ended March 31, 2024. The company had posted a Profit After Tax (PAT) of Rs 320 crore in the same quarter of the previous fiscal, Max Healthcare Institute said in a statement.
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
Genesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery. DCG had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy. Bitcoin's price surged since January 2023 filing.
Crypto lender Genesis to return $3 billion to customers in bankruptcy wind-down
Genesis Global approved to return $3 billion in cash and crypto to customers in bankruptcy liquidation, leaving owner DCG with no recovery. DCG had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy. Bitcoin's price surged since January 2023 filing.
Hospital chain Artemis Medicare raises Rs 330 crore from IFC
Artemis Medicare Services has raised Rs 330 crore from IFC to increase bed capacity and introduce advanced specialty services. The company plans to set up cardiac care centers, expand in tier 2 and 3 cities, and in the Delhi NCR region through brownfield and greenfield opportunities. Artemis operates 713 beds in the Delhi NCR region and runs seven centres under the Artemis Cardiac Care brand in a joint venture with Philips.
Kalyan Jewellers Q4 Results: Cons PAT zooms 97% YoY to Rs 137 crore
Jewellery major Kalyan Jewellers recorded a consolidated revenue of Rs 18,548 crore in FY24 as against Rs 14,071 crore in the previous year, a growth of 32%. Consolidated profit after tax (PAT) for FY24 stood at Rs 596 crore, a 36 per cent rise over FY23.
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