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Ukraine strikes Russian oil depot serving airfield, military says

Ukraine’s military reported striking a Russian oil depot that supports the Engels-2 military airfield, causing significant explosions and a large fire. This operation, using Ukrainian-made long-range capabilities, disrupts Russian strategic aviation and hinders their capacity to target Ukrainian cities and civilian infrastructure.

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January, 08 2025 21:30 PM

Indian Railways successfully completes high-speed trial from Katra to Banihal, paving way for direct Kashmir services

A significant milestone was achieved with the successful high-speed trial run at 110 km/h along the challenging Katra to Banihal section of the USBRL project in Jammu and Kashmir. The trial indicates a potential early start to direct rail services between Kashmir and the rest of India, pending data analysis and final approval.

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January, 08 2025 21:30 PM

Apple terminates several Indian workers in US for misusing charity donation programme linked to Telugu Association

Apple reportedly fired some Indian-origin employees for alleged misuse of the company’s matching grants scheme. Some US-based employees, in collusion with organizations linked to the Indian community, supposedly created falsified donation records. TANA is under scrutiny by the FBI and has received a subpoena. The FBI-IRS-DOJ is investigating potential CSR matching grant misuse.

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January, 08 2025 21:30 PM

‘Wrong to burden citizens’: Mohandas Pai blasts Karnataka govt’s plan to hike property guidance value as revenue falls

Earlier, Pai labeled the Siddaramaiah-led government as the “most corrupt government” in Karnataka’s history, alleging large-scale corruption and fiscal mismanagement.

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January, 08 2025 18:30 PM

Two Indian Americans elected to Virginia state legislatures

Both the PIOs ensure that the Democratic Party keeps its slender majority despite the national Trump wave in last year’s election

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January, 08 2025 18:30 PM

‘Work is a majboori, 99% Indians dislike their jobs’: Bombay Shaving Company’s CEO Shantanu Deshpande sparks viral debate

Shantanu Deshpande, CEO of Bombay Shaving Company, believes most Indian employees are dissatisfied with their jobs and would leave if they were financially secure. He discusses the country’s wealth disparity, noting that few families control much of the wealth and pay minimal taxes. Deshpande urges those with resources to help others.

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January, 08 2025 18:30 PM

Meet the next fact-checker, debunker and moderator: You

Meta plans to replace its professional fact-checking with a user-driven model called Community Notes, following a similar approach by X. While Community Notes has shown success in combating some misinformation, concerns remain about its effectiveness on politically divisive topics. Experts warn that relying solely on user input for moderation may be risky.

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January, 08 2025 18:30 PM

Personal loan: Why should a tiny sum be raised from a digital lending app instead of a bank?

Personal loan: Banks typically approve applications of borrowers who have an impressively high credit score i.e., upward of 720. Digital lending apps, on the other hand, have a relatively lower threshold

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January, 08 2025 18:30 PM

Govt elicits views on Rythu Bharosa

A joint Khammam district-wide meeting was held under the chairmanship of Deputy Chief Minister, Finance and Energy Minister Bhatti Vikramarka Mallu on ‘Rythu Bharosa Scheme’ at the collectorate here on Tuesday.

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January, 08 2025 18:30 PM

Business News | Emerald Finance Limited’s Consolidated Q3FY25 Net Profit Soars 109 Percent

Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], January 8: Emerald Finance Limited (BSE: EMERALD), is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, announced its Unaudited Financial Results for Q3 FY25 and 9M FY25.

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January, 08 2025 18:30 PM

Spandana Sphoorty Financial Ltd leads gainers in ‘A’ group

MMTC Ltd, CreditAccess Grameen Ltd, MSTC Ltd and Fusion Finance Ltd are among the other gainers in the BSE’s ‘A’ group today, 08 January 2025.

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January, 08 2025 18:30 PM

Laxmi Dental IPO Update

Laxmi Dental is raising ₹698.06 crore through a fresh issue of 1,30,85,467 equity shares with face value of ₹2 each. Laxmi Dental IPO estimated listing price is ₹608 (cap price + today’s GMP).The expected percentage gain/loss per share is 42.06% as on 8th of Jan 2025. IPO will open for application on 13th Jan, 2025, and close on 15th Jan, 2025. The […]

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January, 08 2025 17:48 PM

IPO 51 Times Subscribed on 2nd Day

Quadrant Future Tek IPO Subscribed 51.82 times on 2nd day of opening, as it open on 7th of Jan with price band ₹275 – ₹290 and premium on 8th of Jan is ₹210 Estimated price ₹500 (72.41%) which is on high demand in retailers application was full 100% in first hour of opening. The minimum […]

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January, 08 2025 16:43 PM

How to Check IPO Allotment Status, What is GMP and Why is New IPO Allotment Necessary

Initial Public Offering is a process through which a private company offers its shares to the public for the first time and makes its private company public. So it makes its company’s shares available to the public for investors through IPO. The main purpose of an IPO is to raise capital, so that money can […]

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January, 08 2025 16:31 PM

ET Market Watch: Sensex, Nifty close lower, financial and consumer stocks drag

The BSE Sensex dipped by 50.62 points, closing at 78,148.49, a 0.06% drop. On the other hand, the Nifty 50 index also saw a slight decline, down 18.95 points, ending at 23,688.95 or a 0.08% decrease.

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January, 08 2025 16:12 PM

SEBI’s new rules for RAs, IAs: Dual registration, AI oversight, fee caps

The existing RAs will have to ensure compliance with the deposit requirement by April 30, 2025

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January, 08 2025 16:12 PM

Moderna stock on track for 20% weekly gain after US bird flu death

Moderna stock was on track to see a weekly gain of over 20% as of Wednesday following the first reported bird flu death in the US.

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January, 08 2025 16:12 PM

ET Market Watch: Sensex, Nifty close lower, financial and consumer stocks drag

The BSE Sensex dipped by 50.62 points, closing at 78,148.49, a 0.06% drop. On the other hand, the Nifty 50 index also saw a slight decline, down 18.95 points, ending at 23,688.95 or a 0.08% decrease.

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January, 08 2025 16:10 PM

SEBI’s new rules for RAs, IAs: Dual registration, AI oversight, fee caps

The existing RAs will have to ensure compliance with the deposit requirement by April 30, 2025

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January, 08 2025 16:10 PM

Moderna stock on track for 20% weekly gain after US bird flu death

Moderna stock was on track to see a weekly gain of over 20% as of Wednesday following the first reported bird flu death in the US.

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January, 08 2025 16:10 PM

Paytm Allots 1.48 Lakh Shares Under ESOP Schemes

Fintech giant Paytm has allotted 1.48 Lakh equity shares to its eligible employees under various employee stock option plan (ESOP) schemes.

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January, 08 2025 03:30 AM

Nifty 50 companies likely to post gradual recovery in December quarter

According to the ETIG quarterly estimates, the sample’s revenue and net profit may grow by 5.7% and 13.2%, respectively. In the previous quarter, revenue and profit had grown by 5.6% and 6.7%, respectively.

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January, 08 2025 03:30 AM

F&O activity shows signs of cooling as regulatory curbs bring intended effect

Now, exchanges offer weekly contracts of only their benchmarks. Nifty weekly contracts expire every Thursday, and Sensex contracts expire on Fridays. As a result, the volatility has been restricted to these two days. Starting January 1, Sensex weekly contract expiries have shifted to Tuesday from Friday.

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January, 08 2025 03:30 AM

India Inc wakes up to stern default rule

A new rule by SEBI mandates that any delay in a single rupee’s payment categorizes a company as a defaulter, impacting their credit rating temporarily. Even operational technicalities unrelated to financial instability can lead to volatile market reactions and necessitate rigorous compliance measures to avoid such downgrades.

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January, 08 2025 00:30 AM
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