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Zero factual inaccuracies with our Adani research: Hindenburg on Sebi notice | Read short seller's full response here
Adani-Hindenburg Case: US-based short-seller Hindenburg Research stated Kotak Bank, one of India’s largest banks and brokerage firms founded by Uday Kotak, which created and oversaw the offshore fund structure used by our investor partner to bet against Adani. Instead it simply named the K-India Opportunities fund and masked the “Kotak” name with the acronym “KMIL”
‘It is beyond belief we’re still subsidising the cause of the climate crisis — we need greater subsidies for renewables over fossil fuels now’
"I think the CBAM, to the extent that it does result in significant revenue from tariffs, should recycle some of those funds in lump sum forms to help countries clean up their production processes and adapt to climate change," says Cameron Hepburn, Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment, Oxford University.
An Israel offensive into Lebanon risks an Iranian military response, top US military leader says
Top U.S. military officer warns that an Israeli offensive in Lebanon could lead to broader war, with Iran likely to back Hezbollah. Israel has threatened military action if Hezbollah isn't pushed from the border. Diplomatic efforts are underway, including meetings between Israeli and U.S. officials. The U.S. is concerned about assisting Israel against Hezbollah's rockets. The conflict has already caused casualties on both sides. Hezbollah leader Hassan Nasrallah claims to have over 100,000 fighters, potentially escalating the conflict with broader regional involvement.
Rs 64,000 rent for 3BHK in Noida? Social media user's claim sparks debate
A user on X, identified as Raj, sparked a debate by claiming to pay Rs 64,000 rent for a 3BHK in Noida. Sharing a balcony view, Raj's post drew skepticism, as typical rents are lower. Raj defended the high rent, citing better facilities. The claim stirred discussions on rental trends and preferences between Noida and Delhi.
I want to be one of the nicest guys they knew: Titan MD CK Venkataraman
Titan MD CK Venkataraman, who has been MD of Titan and Tanishq for four years, shares his experience in balancing the interests of various stakeholders, securing employee buy-in, and life after Titan. He explains that most decisions are about optimising stakeholder interest, but dealing with strong personalities with contrasting views is crucial.
The show must go on: Push agriculture, make states fiscally responsible, avoid the middle income trap & stick to the PoA
The Indian electorate has defied predictions of certainty, but the economic agenda for India remains unchanged. Despite impressive economic progress since 1991, India remains a low-middle-income economy. Policy priorities include urban expansion, modernization of agriculture, tackling unemployment, and addressing state-level disparities. Additionally, India must prepare for challenges such as aging populations and technological advancements to sustain growth.
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Greater transparency: No indemnity clause in NPA sale pact between banks and ARCs
High-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lenders can declare an account 'fraud' post-sale to ARCs. The industry body approved the Model Assignment Agreement and Model Trust Deed for adoption by banks, financial institutions, finance companies, and ARCs.
Defence Ministry points gun at Godrej's housing project with revenue potential of Rs 7,000 crore in Mumbai
The Defence Ministry has raised objections to a residential project undertaken by Godrej Properties in Mumbai, demanding the suspension of work on the venture. With an estimated revenue potential of Rs 7,000 crore, the project, known as Godrej Reserve, has encountered opposition due to its proximity to the Central Ordnance Depot (COD) complex in Kandivali. Spanning an 18.6-acre land parcel, Godrej Reserve has already seen the launch of approximately 1.91 million sq ft of development.
CEA Nageswaran calls on industry to reciprocate deregulation efforts
Flagging reports of Indian automobiles failing safety standards, and of misleading labelling on food products, Chief economic adviser V Anantha Nageswaran said the industry has to make a compact with society as well.
Noida: Youth found hanging in police custody, entire Chipiyana Chowki police station staff suspended
Yogesh's death in police custody at Chipiyana Chowki in Greater Noida sparked serious allegations by his brother, Jitendra, who claimed the police demanded five lakh rupees for his release. Consequently, the Noida Police Commissioner suspended all personnel at the Chowki. Employed at a Chipiyana bakery, Yogesh faced questioning after allegations from a colleague. Tragically, he was found hanging the next morning, despite efforts to save him.
Disaster management platform launched in Assam
DRIMS is a state-of-the-art initiative of the Assam State Disaster Management Authority (ASDMA) for accurate reporting and assessment of damages caused by disasters and disbursal of aid to those affected by them.
SP Jain Institute launches Wise Innovation Studio for Emerging Technologies
SPJIMR's WISE Tech fosters societal advancement through wise innovation with initiatives like accelerators, Entrepreneurship Fellowship, and Wise Innovation Conclave. Manoj Mohan leads the executive team, supported by R. Ramanan and Haresh Chawla from True North.
"Bakwas ki hai," says Robert Vadra on Sam Pitroda's 'racist' remark
Parting ways with former Indian Overseas Congress chairperson, Sam Pitroda's 'racist' remarks, businessman and Congress leader Priyanka Gandhi's husband, Robert Vadra, on Thursday termed Pitroda's remark as "Bakwas" and said that he completely disagreed with what the latter said.
Chennai local body announces strict rule for pet dogs after Rottweilers maul 5-year-old: Read new rules here
In response to a recent Rottweiler attack on a five-year-old girl in a Chennai park, the Greater Chennai Corporation has imposed stricter pet regulations. Dogs must now be leashed and muzzled in public parks, with only one allowed per owner. A pet license is mandatory, ensuring compliance. Meanwhile, the injured child, Sudaksha, undergoes treatment, with the Corporation covering expenses. Investigations are ongoing into the incident.
Rapido offers free rides to voters to polling stations on May 13 in Hyderabad, 3 other cities
Rapido announced it will offer free bike taxi, auto, and cab rides to voters in Hyderabad, Karimnagar, Khammam, and Warangal on May 13, election day. Teaming up with the Chief Electoral Officer's office, Rapido aims to boost voter turnout and awareness. Residents can use the code 'VOTENOW' to access complimentary rides and participate in the electoral process. Rapido's nationwide campaign involves deploying over 10 lakh captains in more than 100 cities to provide free transportation on election day.
Can your private property be taken for serving greater good? SC's 9-judge Constitution bench to decide
New Delhi witnessed the initiation of the interpretation process of Article 39(b) of the Constitution by a nine-judge bench of the Supreme Court. The objective is to ascertain if the directive principle permits the government to handle and redistribute privately owned properties under the guise of 'material resources of the community' for the betterment of the common good.
Breaking Bad ft. Greater Noida: Why are foreigners coming to UP for setting up meth labs?
Police in Greater Noida uncovered three methamphetamine labs run by foreigners in rented properties over the past year, seizing over 100 kilograms of narcotics worth hundreds of crores. A recent raid resulted in the arrest of four Nigerians and seizure of Rs 100 crore worth of MDMA. Law enforcement also seized 75 kilograms of MDMA in interconnected raids the previous year.
Bajaj Group commits Rs 5,000 cr for five years towards CSR initiatives
The Bajaj Group's humanitarian efforts are channelled through several institutions. The Jamnalal Bajaj Foundation, Jankidevi Bajaj Gram Vikas Sanstha, and the Kamalnayan Bajaj Hospital, among others, have worked unceasingly to uplift and empower communities, he said.
Bajaj Auto working on CNG bike, to hit road in June
Bajaj Auto is set to launch its first clean fuel CNG motorcycle in June, targeting mileage-conscious consumers. This bike will be part of a new brand and will offer both petrol and CNG fuel options. Additionally, the Bajaj Group has committed Rs 5,000 crore to CSR initiatives over the next 5 years, focusing on skill development. The group's philanthropic efforts include institutions like the Jamnalal Bajaj Foundation and Jankidevi Bajaj Gram Vikas Sanstha, working towards uplifting communities.
Greater Noida Authority rolls out new scheme for commercial complexes. Know more
The Greater Noida Authority has launched a new scheme for high-rise commercial complexes. 18 plots are available for shopping malls, showrooms, retail outlets, and restaurants. CEO Ravi Kumar NG stated it's in response to investor demand. Deadline is March 23. Payment options and completion certificate requirements apply. Successful applicants will gain land possession.
Hooking CSR to a cause of choice
The CSR law is designed to serve the larger good - broadly UN's millennium development goals - through self-interest. It is a softer touch than outright taxation to meet social needs, and corporations are free to view their responsibility through the prism of business.
Joe Biden says Vladimir Putin responsible for Alexei Navalny's death
"He bravely stood up to the corruption, the violence and all the bad things the Putin government was doing," Biden said at the White House of Russian President Vladimir Putin. "Putin is responsible for Navalny's death." The White House was seeking more information about Navalny's death at a Russian penal colony north of the Arctic Circle, where he was dispatched less than two months ago.
Insurance, CCTV now must under new Uttar Pradesh lift bill. Know more
The Uttar Pradesh Assembly has passed the UP Lift and Escalator Bill, 2024, aimed at enhancing high-rise resident security. It mandates lift agency's registration, emergency drills, CCTV installation, and insurance cover. Many however cited lack of accident penalties to criticise the bill.
Schneider Electric names Preeti Mohanty as CFO of Greater India Zone
Schneider Electric has appointed Preeti Gupta Mohanty as its new chief financial officer for the greater India zone. With 20 years of finance experience, Mohanty previously held roles at Ingersoll Rand, GlaxoSmithKline Consumer, Coca-Cola India, and Deloitte.
FIR registered as Greater Noida boy faces allegations of throwing puppy from high-rise
The Greater Noida Police swiftly responds to a viral video showing a minor throwing a puppy from a high-rise, registering a case based on a People For Animals (PFA) complaint. The FIR notes the video's circulation on social media, urging an assessment of the child's mental state. PFA highlights a disturbing trend of cruelty to animals, while Trustee Ambika Shukla expresses concern over the child's apparent lack of empathy. MP Saket Gokhale proposes legislative amendments for harsher penalties on animal cruelty, reflecting a growing demand for stricter laws amid public outrage.
Greater Noida: Four suffocate to death in gas leak accident
Police found the lifeless bodies of Chandresh Singh, his wife Nisha, brother Rajesh, and sister Babli, all hailing from Hathras and aged between 20 and 23. Preliminary investigations suggested that the family had been boiling potatoes on a gas stove, which had a leak. The lack of ventilation in the room, coupled with the steel gate, contributed to the tragic outcome.
India's greater capability, own interest warrant helping in difficult situations: EAM Jaishankar
Jaishankar emphasized that India's enhanced capabilities, vested interests, and current standing necessitate active involvement in challenging scenarios. The Minister added that history and geography are very powerful forces and there is no escape from that.
Israeli women take on greater military role in Gaza war
Israeli women fight in combat role in Gaza war; Military attitudes towards women shift; Outrage over military leaders ignoring warnings; Women fighters find acceptance in Gaza war; Israeli army conducts relentless offensive
Noida authority plans new parallel highway to decongest Noida-Greater Noida Expressway
The proposed 32km expressway is planned along the Yamuna Pushta Road, spanning from Sector 94 near the Delhi border at Kalindi Kunj to Sector 150, in close proximity to Greater Noida, with a connectivity link to the Yamuna Expressway. This strategic move is specifically tailored to manage the anticipated increase in traffic to and from the new airport.
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