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Incriminating chats of Naidu's PA found: Andhra CM on ₹371 cr scam | Andhra Pradesh CM YS Jagan Mohan Reddy has reacted to TDP chief Chandrababu Naidu's arrest in connection with the alleged ₹371 crore skill development scam and claimed that the Income Tax Department found incriminating chats involving Naidu's personal assistant. He also claimed that Naidu dismissed the concerns of government officials and signed 13 files related to the alleged scam. | ['politics', 'national'] | 19-09-2023 |
Renowned author and Odisha CM’s sister Gita Mehta passes away | Renowned author and Odisha CM Naveen Patnaik's elder sister Gita Mehta has passed away at the age of 80. Gita, who married renowned American publisher Sonny Mehta, produced and directed at least 14 television documentaries for UK, European and US networks. She was also a television journalist for the US television network NBC. | ['national'] | 19-09-2023 |
Auto drivers give up to 100% discount on PM's b'day in Guj's Surat | Autorickshaw drivers in Gujarat's Surat will provide 30%-100% discounts to passengers on the occasion of PM Narendra Modi's 73rd birthday on Sunday. MLA Purnesh Modi said that as many as 1,000 auto drivers will give a 30% discount and thanked 73 drivers who agreed to give a 100% discount. A video showing autorickshaws with discount posters has surfaced online. | ['national'] | 19-09-2023 |
PM Modi travels in Delhi Metro, interacts with people on birthday; video released | PM Narendra Modi, who is celebrating his 73rd birthday on Sunday, travelled in Delhi Metro and interacted with people. PM Modi also inaugurated the extension of Delhi Airport Metro Express line from Dwarka Sector 21 to a new metro station 'Yashobhoomi Dwarka Sector 25'. 'Yashobhoomi', the India International Convention and Expo Centre, is one of the world's largest convention centres. | ['national'] | 19-09-2023 |
People seek justice for Indian student killed by police car in US | Members of the South Asian community held a rally in the US demanding jail for police officers who were responsible for the killing of 23-year-old Indian student Jaahnavi Kandula. Notably, Kandula was killed when a speeding police car hit her while she was crossing a street in Seattle. She was thrown over 100 feet after the police car hit her. | ['world', 'national'] | 19-09-2023 |
PM Modi inaugurates ₹5,400-crore convention centre 'Yashobhoomi' in Delhi on birthday | On his 73rd birthday, PM Narendra Modi inaugurated the Phase 1 of India International Convention and Expo Centre, called 'Yashobhoomi'. Developed at a cost of about ₹5,400 crore and total project area of over 8.9 lakh square metres, 'Yashobhoomi' will be among the world's largest MICE (Meetings, Incentives, Conferences, and Exhibitions) destinations, the government stated. | ['national'] | 19-09-2023 |
PM Modi inaugurates Delhi Airport Metro Express line extension | PM Narendra Modi on Sunday inaugurated Delhi Airport Metro Express line extension till the new 'Yashobhoomi Dwarka Sector 25' metro station on the occasion of his 73rd birthday. The airport line will also now run at 120 kmph, which means travelling from New Delhi Railway Station to Terminal 3 of IGI Airport will take approximately 15 minutes and 30 seconds. | ['national'] | 19-09-2023 |
US mayor apologises over police officer's 'limited value' remark on Indian student's death | Mayor of US' Seattle Bruce Harrell has apologised to the Indian community for the "limited value" remark made by police officer Daniel Auderer after 23-year-old Indian student Jaahnavi Kandula's death. "We are making sure that our apology as city officials is felt to your community and family, my condolences for your loss," Harrell said. | ['world', 'national'] | 19-09-2023 |
If you go to war with India, someone else will raise your kids: Minister Chandrasekhar | Minister of State for IT Rajeev Chandrasekhar said, "If you go to war with India, someone else will raise your children." His remark comes amid ongoing encounter between terrorists and security forces in Jammu & Kashmir's Anantnag. "Indian Military is now a modernised high tech and lethal machine...make no mistake about it. You'll be wise to avoid it," he added. | ['national'] | 19-09-2023 |
Fire breaks out at Mussoorie hotel, 2 vehicles destroyed | A fire broke out at Sidus Rink Hotel in Uttarakhand's Mussoorie on Sunday. The fire reportedly occurred due to a short circuit. Several fire tenders were rushed to the site to control the blaze. The fire also destroyed two vehicles parked at the hotel. No casualties have been reported in the incident so far. | ['national'] | 19-09-2023 |
Lucknow-UAE flight suffers hydraulic issue, lands at Delhi airport | An IndiGo flight made an emergency landing at Delhi airport after suffering a hydraulic system issue, PTI reported. The flight was travelling from Lucknow to Abu Dhabi, the capital of United Arab Emirates (UAE). It reportedly had over 150 passengers onboard. Earlier this month, a Delhi-bound IndiGo flight made an emergency landing at Bhubaneswar airport due to suspected bird hit. | ['business', 'national'] | 19-09-2023 |
Encounter in Jammu and Kashmir's Anantnag enters Day 5 | The encounter between the security personnel and terrorists in the Kokernag area in Jammu and Kashmir's Anantnag has entered its fifth day on Sunday. It's suspected that the terrorists are hiding in caves in the forest area, according to reports. This comes as the Army said that Pakistan forces fired at them as they shot dead three terrorists in Baramulla. | ['national'] | 19-09-2023 |
What is the Mahadev gambling app case? | The Directorate of Enforcement (ED) is investigating Mahadev online book betting app, an umbrella syndicate which enabled illegal betting websites to enrol new users, create user IDs and launder money through a layered web of benami bank accounts. Sourabh Chandrakar and Ravi Uppal, who hail from Chhattisgarh, are the main promoters of the app and run their operations from Dubai. | ['business', 'national'] | 19-09-2023 |
Aurangabad formally renamed as Chhatrapati Sambhajinagar | Maharashtra government has issued a notification to officially change the names of Aurangabad and Osmanabad districts to Chhatrapati Sambhajinagar and Dharashiv, respectively, the Chief Minister's Office stated. As per the notification, decision was taken after considering suggestions and objections, which were sought a few months ago. The decision to rename the districts was taken in June 2022. | ['national'] | 19-09-2023 |
Chandrababu chief architect of ₹371 crore scam: Andhra CM Jagan | Andhra CM YS Jagan Mohan Reddy in his first reaction to TDP chief Chandrababu Naidu's arrest in connection with the alleged ₹371 crore skill development scam, said that it showed that no one is above law. Naidu is the "chief architect" of the alleged scam, he claimed. He also criticised JanaSena Party chief Pawan Kalyan for meeting Naidu in jail. | ['politics', 'national'] | 19-09-2023 |
Video shows Pashupatinath Temple in MP inundated due to heavy rain | The Pashupatinath Temple in Madhya Pradesh's Mandsaur was flooded on Sunday due to heavy rainfall in the state. Several temple ghats in Ujjain were also submerged after the Shipra River started overflowing due to heavy rain. Madhya Pradesh CM Shivraj Singh Chouhan on Saturday chaired a meeting to review the situation in the state following incessant rainfall. | ['national'] | 19-09-2023 |
What all events are planned for PM Modi's birthday today? | On his 73rd birthday on Sunday, PM Narendra Modi will inaugurate the first phase of 'Yashobhoomi' convention centre in Delhi's Dwarka. He'll also inaugurate extension of Delhi Airport Metro Express Line. PM Vishwakarma Kaushal Samman Yojana to support artisans will also be launched. BJP is initiating 'Sewa Pakhwada' programme to organise various welfare activities in diverse segments of society. | ['national'] | 19-09-2023 |
Got invite quite late: Kharge on skipping new Parliament building event today | Congress President Mallikarjun Kharge on Saturday said he won't be able to attend the flag hoisting ceremony at the new Parliament building on Sunday. In a letter to Rajya Sabha Secretary General, Kharge said, "I'm writing this letter with a sense of disappointment...I received your invite...quite late." He further stated he's engaged with the Congress Working Committee meeting in Hyderabad. | ['politics', 'national'] | 19-09-2023 |
BrahMos manufacturing in UP likely to start by Mar 2024: Rajnath | Defence Minister Rajnath Singh on Saturday said the manufacturing of BrahMos missiles in UP's Lucknow is likely to start by March next year. "The work on BrahMos missile project is...going on at a fast pace," the minister stated. In June, he said that not only nuts and bolts but BrahMos missiles would also be made at UP Defence Industrial Corridor. | ['business', 'national'] | 19-09-2023 |
What resolutions did Congress Working Committee take in 1st meet after reconstitution? | The Congress Working Committee (CWC) on Saturday resolved to make the Opposition's INDIA bloc an "ideological and electoral success" to free the country from "divisive politics". The Congress passed condolence resolutions over the deaths in Manipur violence and natural disaster in Himachal Pradesh. It also rejected Centre's 'One Nation, One Election', calling it an "assault" on the Constitution. | ['politics', 'national'] | 19-09-2023 |
Pic shows 50 coursemates bidding farewell to martyred Colonel Manpreet Singh, people react | A picture shared on X shows nearly 50 coursemates bidding farewell to Colonel Manpreet Singh, who was martyred in Jammu & Kashmir's Anantnag. "Someone asked 'What binds Indian Army together as a family?' Ans: It's Nation, Flag, Pride in uniform & duty...Course spirit visible here," wrote Army veteran KJS Dhillon. "Course mates have...unparalleled bond. Saluting their spirit," read another comment. | ['national'] | 19-09-2023 |
Bageshwar Dham's Dhirendra Shastri denied permission for event in Bihar | The district administration in Bihar's Gaya has denied permission to self-styled guru Dhirendra Shastri of Bageshwar Dham to hold a religious event between September 29 and October 5 due to the Pitru Paksha Mela to be held at the month-end. He had sought permission to organise 'Hanuman Katha' and 'Divya Darbar' on Magadh University premises or Bodh Gaya auditorium. | ['national'] | 19-09-2023 |
Schoolgirl dies after falling on road as man pulls her dupatta & bike runs over her in UP | A Class 12 girl died after a man on bike pulled her dupatta and she fell on road before being run over by another two-wheeler in UP's Ambedkar Nagar. A video showed the girl riding a bicycle on her way home when the man snatched her dupatta. Her father said she had informed him that some boys were bothering her. | ['national'] | 19-09-2023 |
Asking for physical relations is knowingly outraging modesty: Prosecution on Brij Bhushan | Asking victims for physical relations amounted to knowingly outraging their modesty, the prosecution argued against ex-WFI President Brij Bhushan Sharan Singh. "Mere knowledge that modesty of a woman will be outraged...means a case of 354 will be made out," Public Prosecutor argued. Deliberate intention of outraging modesty of a woman isn't required for attracting punishment, prosecution said.
| ['sports', 'national'] | 19-09-2023 |
Man dies after being stabbed 15 times, wife hit with rod for trying to save him in Delhi | A man died after he was stabbed nearly 15 times by a group of bike-borne persons in Delhi, police said on Saturday. His 43-year-old wife suffered an injury after she was hit by a rod on her head while trying to save him, Deputy Commissioner of Police (Southeast) Rajesh Deo said. Police have detained four persons in this connection. | ['national'] | 19-09-2023 |
19-yr-old youth dies of heart attack while running on treadmill at Ghaziabad gym | A 19-year-old youth exercising on a treadmill suddenly collapsed and died on the spot due to a heart attack inside a gym in Ghaziabad on Saturday. A CCTV footage of the incident shows the man suddenly falling on the equipment and becoming motionless. The body of the youth, who is from Bihar, was brought back home by his family members. | ['national'] | 19-09-2023 |
179 kids die in 3 months in Maharashtra hospital, medical officer lists reasons | As many as 179 children died in three months in the civil hospital in Maharashtra's Nandurbar. Chief Medical Officer M Sawan Kumar said factors like low birth weight, birth asphyxia, sepsis and respiratory diseases have emerged as the primary reasons. He added that 70% of the children were aged 0-28 days. | ['national'] | 19-09-2023 |
Heavy to extremely heavy rainfall warning issued for several states for Sunday | The IMD has issued very heavy to extremely heavy rainfall warning for Rajasthan, Madhya Pradesh and Gujarat for Sunday. Heavy to very heavy rainfall is very likely over Goa on Sunday. Further, heavy rainfall is very likely over Uttarakhand, Andaman and Nicobar Islands, Nagaland, Manipur, Mizoram, Tripura, Maharashtra, Tamil Nadu and Puducherry. | ['national'] | 19-09-2023 |
Closely monitoring Nipah virus outbreak in India: UK health agency | The UK Health Security Agency (UKHSA) is "closely monitoring" the outbreak of Nipah virus in Kerala. At least six confirmed cases have been reported in Kerala. Nipah virus is spread by fruit bats who can transmit the virus to people via contact with infected bodily fluids like saliva or urine left on fruit. | ['world', 'national', 'Health___Fitness'] | 19-09-2023 |
Who is Major Payal Chhabra, 1st woman Army surgeon to join para forces? | Major Dr Payal Chhabra has become the first woman surgeon in the Indian Army to join the elite Para Special Forces. Dr Chhabra, who is from Haryana, was commissioned into the Indian Army as a Captain in January 2021. She later underwent training at the Paratroopers Training School in Agra. She holds an MBBS degree and an MS surgery degree. | ['national'] | 19-09-2023 |
India has to grow fast, must raise per capita income: RBI ex-Guv | RBI's ex-Governor C Rangarajan said India becoming the fifth largest economy in the world is an "impressive achievement" but its per capita income must increase. "In 2020, India's rank with respect to per capita income was 142 out of 197 countries," he stated. "We've no choice but to grow fast, given the present level of per capita income," he added. | ['business', 'national'] | 19-09-2023 |
Who is Mahadev app co-founder Sourabh Chandrakar, who spent ₹200 cr on wedding? | Sourabh Chandrakar, one of the co-founders of the illegal Mahadev gambling app, is being investigated by the ED in money laundering charges of an estimated ₹5,000 crore. He spent ₹200 crore on his wedding in Dubai in February which was attended by several Bollywood celebrities. Chandrakar used to sell juice in Bhilai in Chhattisgarh. He moved to Dubai in 2018. | ['national'] | 19-09-2023 |
Nipah virus' Bangladesh strain kills 9 out of 10 infected persons: Ex-ICMR scientist | The Bangladesh strain of the Nipah virus manifests breathlessness issues and kills nine out of 10 infected individuals, top epidemiologist and former head scientist at ICMR Dr Raman Gangakhedkar said on Saturday. "Top priorities are finding the index patient, the origin of Nipah virus, testing all the animals around, mobilising the community and keeping medical aid ready," he added. | ['national', 'Health___Fitness'] | 19-09-2023 |
I should call for a civil war: Chandrababu Naidu's son Nara Lokesh on his arrest | Andhra Pradesh ex-CM N Chandrababu Naidu's son Nara Lokesh reacted to his arrest in a ₹371 crore alleged corruption case and said, "I should call for a civil war against the corrupt regime (of the YSR Congress)." He added a "politician without corruption allegations" had been sent to remand without any proof. Chandrababu has been sent to two-week judicial custody. | ['politics', 'national'] | 19-09-2023 |
BJP & TMC councillors clash during KMC session, video surfaces | Councillors of the Bharatiya Janata Party and ruling Trinamool Congress (TMC) entered into a scuffle during the session of the Kolkata Municipal Corporation (KMC) on Saturday, news agency PTI reported. A video of the same has also surfaced online. According to reports, Firhad Hakim, the Mayor of Kolkata, had to step in to stop the stand off. | ['politics', 'national'] | 19-09-2023 |
Punjabi singer Shubh's posters torn by BJYM in Mumbai for sharing India's distorted map | Bharatiya Janata Yuva Morcha (BJYM) members have removed posters of the upcoming event of Punjabi-Canadian singer Shubh in Mumbai. BJYM is protesting against the singer alleging that he supports Khalistanis, stating, "There is no space for Khalistanis who are the enemy of integrity and unity of India." Shubh also shared a distorted map of India on social media. | ['entertainment', 'national'] | 19-09-2023 |
Vlogger accused of molesting Saudi woman at hotel in Kerala, booked | A case has been registered against a vlogger for allegedly attempting to outrage the modesty of a woman from Saudi Arabia under the pretext of an interview, police said on Saturday. The case was registered against Shakir Subhan alias 'Mallu Traveler' for the alleged incident that took place at a hotel in Kerala. The complainant claimed that Subhan groped her. | ['national'] | 19-09-2023 |
It's a non-cooperation movement: Khera on 14 'boycotted' anchors | Congress leader Pawan Khera has reacted to the announcement that the Opposition alliance I.N.D.I.A will boycott shows hosted by 14 TV news anchors and said that it's not boycotting, but a non-cooperation movement against these anchors. He said, "They're not our enemies." He added, "If tomorrow they realise what [they're] doing isn't good for India...[We'll] again start attending their shows." | ['politics', 'national'] | 19-09-2023 |
Hundreds of commercial flying taxis to be made by Joby Aviation in the US | Electric aircraft maker Joby Aviation will invest up to $500 million to build a new facility in the US' Ohio, where it will mass produce air taxis, it said on Monday. The 140-acre site at Dayton International Airport is set to be the first serial production location for the company. The company plans to start commercial passenger service in 2025. | ['business', 'technology'] | 19-09-2023 |
Oil hits $100/barrel in some markets | Some grades of crude oil are already trading above the $100 per barrel milestone. The outright price of Nigerian crude Qua Iboe surpassed $100 a barrel on Monday. Malaysian crude Tapis reached $101.30 last week. Oil has risen to its highest level of 2023 as investors are focused on the prospect of a supply deficit in the fourth quarter. | ['business'] | 19-09-2023 |
Microsoft's Chief Product Officer Panos Panay quits after 19 years | Panos Panay, Microsoft's Chief Product Officer (CPO) who leads Windows development and the Surface line, is leaving the company after 19 years. "After 19 incredible years at Microsoft, I've decided to turn the page and write the next chapter," he wrote on X. Panay first joined Microsoft in 2004 as a group program manager and became CPO in 2018. | ['business', 'technology'] | 19-09-2023 |
Biocon appoints Peter Bains as Group CEO | Biopharmaceuticals company Biocon's board approved the appointment of Peter Bains
as the Group CEO with effect from September 18, 2023. He will report directly to
Biocon Group Chairperson Kiran Mazumdar-Shaw. Bains, who did B.SC from the UK's University of Sheffield, has over 30 years of global experience in leadership roles and led Biocon's contract research arm Syngene for five years. | ['business'] | 19-09-2023 |
Scary: Nikhil Kamath on graph showing promoter selling at record levels | Zerodha's billionaire Co-founder Nikhil Kamath reacted to a graph showing promoter selling at record levels by calling it a "particularly scary metric." He tweeted, "Can't be a good sign if the equity you are buying in a company is being sold by the people running that company." Promoter selling in 2023 till August is four times compared to 2018 levels. | ['business', 'startup'] | 19-09-2023 |
Zee-Sony merger illegal, infringes SEBI order: Axis Finance | Axis Finance told quasi-judicial body NCLAT that National Company Law Tribunal failed to consider that Zee-Sony merger is illegal. It called the approval of the merger a breach of SEBI order, which banned Zee's Punit Goenka from holding key managerial positions in any company. It claimed a part of the merger was appointing Goenka as CEO of the merged entity. | ['business'] | 19-09-2023 |
What are the new perks for LIC employees and agents? | The Ministry of Finance on Monday approved a series of welfare measures for the benefit of LIC agents and employees. These include enhancement of the gratuity limit from ₹3 lakh to ₹5 lakh for LIC agents and expansion of term insurance cover for agents from ₹3,000-10,000 to ₹25,000-1,50,000. Family pension at a uniform rate of 30% for employees was fixed. | ['business'] | 19-09-2023 |
Time stops for you: Mahindra as he praises PM Modi's pace of work | Mahindra Group Chairman Anand Mahindra took to X to wish Prime Minister Narendra Modi on his birthday on Sunday. The billionaire posted, "The relentless pace of your work is such that time stops for you. So, I'm not sure whether birthdays, which symbolise the passing of time, mean anything to you." "Nevertheless...I wish you a very happy birthday," he added. | ['business', 'national'] | 19-09-2023 |
Pic shows books gifted to Elon Musk by Turkish President Erdogan | Turkish President Recep Tayyip Erdogan met with Tesla CEO Elon Musk ahead of the 78th session of the UN General Assembly in New York. During their meeting, Erdogan invited Musk to build a Tesla factory in Turkey. Erdogan also gifted two books to Musk - 'A Fairer World Is Possible' and 'UN Reform: A New Approach to International Cooperation'. | ['business'] | 19-09-2023 |
Billionaire Michael Ashley in talks to sell Missguided to Shein | Michael Ashley, the ex-owner of football club Newcastle United, is in talks to sell online clothing label Missguided to Chinese-founded fashion retailer Shein, British media reported. The UK billionaire's Frasers Group had bought Manchester-based Missguided last year for £20 million (₹206 crore) after it collapsed into administration. Missguided was hit hard by surging supply costs and inflation. | ['business'] | 19-09-2023 |
JSW Infra sets ₹113-119 price band for group's 1st IPO in 13 years | Indian multinational conglomerate JSW Group's port business, JSW Infrastructure, has set a price band of ₹113-119 per share for its initial public offering (IPO), which will open on September 25. JSW Infrastructure will make use of net fresh issue proceeds for repaying debts amounting to ₹880 crore. This will be the Sajjan Jindal-led conglomerate's first IPO in 13 years. | ['business'] | 19-09-2023 |
Prosus & Naspers CEO Bob van Dijk steps down | Bob van Dijk, the CEO of Prosus and Naspers, is stepping down as CEO and board member of both companies. He is stepping down effective immediately after almost 10 years of leadership. He will continue as a consultant to the group until September 30, 2024. Meanwhile, Ervin Tu has been named interim CEO of Naspers and Prosus. | ['business', 'startup'] | 19-09-2023 |
Vodafone Idea denies report of acquisition by Amazon, Starlink | Indian mobile network operator Vodafone Idea (Vi) dismissed a report which claimed that Amazon, Starlink or Verizon would acquire the company. Vi, which is promoted by Indian conglomerate Aditya Birla Group, was reacting to a report titled, "Vodafone Idea to be acquired by a US telecom giant soon?" Vi's shares, which had jumped because of the speculation, fell on Monday. | ['business', 'technology'] | 19-09-2023 |
Erdoğan meets Elon Musk, asks him to open Tesla factory in Turkey | Turkish President Recep Tayyip Erdoğan met Tesla CEO Elon Musk in New York and invited him to establish the automaker's seventh factory in Turkey. Pictures showed Musk interacting with Erdoğan while carrying his son, X AE A-XII, in his arms. As per the Turkish government, Musk said the country is among the most important candidates for Tesla's next factory. | ['automobile', 'business', 'technology'] | 19-09-2023 |
Dhanlaxmi Bank's director resigns citing multiple issues | One of the Independent Directors of Dhanlaxmi Bank, Sridhar Kalyanasundaram, has resigned from the bank citing multiple issues. He claimed that his inputs were ignored on many occasions by other board members to support the "belligerent attitude" of the bank's MD & CEO Shivan JK. He also cited issues related to rights issue plan, and unethical conduct of bank's business. | ['business'] | 19-09-2023 |
Up to 8% interest subsidy to be given for Vishwakarma Yojana: FM | Finance Minister Nirmala Sitharaman said the government will give up to 8% interest subsidy for the PM Vishwakarma Yojana. She stated that collateral-free loans of up to ₹3 lakh will be provided under the scheme at an interest rate of 5%. The scheme, which will cover 18 traditional trades, will provide loans in two tranches, she added. | ['business', 'national'] | 19-09-2023 |
IBC not recovery mechanism: NCLAT on plea against United Telecoms | The National Company Law Appellate Tribunal (NCLAT) has reiterated that the Insolvency and Bankruptcy Code (IBC) is not a "recovery mechanism". NCLAT made the remark while dismissing an insolvency plea filed against United Telecoms by one of its operational creditors. The creditor had accused the ICT and social infrastructure company of defaulting on ₹8.46 crore payment. | ['business'] | 19-09-2023 |
Foxconn aims to double jobs, investment in India in 12 months | V Lee, Foxconn's representative in India, said the company aims to double employment, foreign direct investment and its business size in India over the next 12 months. He made the remarks while wishing Prime Minister Narendra Modi on his 73rd birthday. In August, the Karnataka government said Foxconn will invest $600 million on two projects in the state. | ['business', 'technology'] | 19-09-2023 |
Balmain's unreleased collection robbed 10 days before fashion show | French fashion house Balmain has lost more than 50 pieces due to be unveiled at Paris Fashion Week later this month, designer Olivier Rousteing said. A lorry carrying Balmain's new collection was hijacked between a Paris airport and the label's headquarters in the French capital. "We are redoing everything but this is so disrespectful," Rousteing said in a message. | ['business', 'fashion'] | 19-09-2023 |
Sourav Ganguly to start steel factory in West Bengal | Former Indian cricket team captain Sourav Ganguly is set to start a steel factory at Salboni in Paschim Medinipur of West Bengal. "A lot of us believe that I only played the sport. But we started a small steel plant in 2007, and in five to six months, we will start building our new steel plant in Medinipur," Ganguly said. | ['business'] | 19-09-2023 |
Craftsmen made India's economy self-sufficient, productive: FM | Finance Minister Nirmala Sitharaman on Sunday said artisans and craftsmen made India's economy very self-sufficient and productive. "That is why even 500 years ago, India could be the world leader...whose products were sought after the world over," she added. The minister was speaking at the launch of the 'PM Vishwakarma' scheme on the occasion of the Vishwakarma Jayanti. | ['business', 'national'] | 19-09-2023 |
SBI to send chocolates to people likely to default on their monthly loan repayments | India's biggest lender SBI said it'll send chocolates to its borrowers who are likely to default on their monthly repayments. It said it's taking the initiative as borrowers who are planning to default on the instalments don't answer reminder calls from the bank. Notably, SBI's retail loan book has grown over 16.5% in June 2023 quarter as compared to 2022. | ['business'] | 19-09-2023 |
Vodafone Idea pays ₹1,701 cr instalment to DoT for 5G spectrum | Vodafone Idea has paid ₹1,701 crore to the Department of Telecommunications (DoT) as an instalment for its last year's purchase of 5G spectrum, an exchange filing stated. The company bought 5G spectrum worth ₹18,799 crore last year. The instalment payment comes amid Vodafone Idea reportedly facing a gross debt of ₹2.1 lakh crore. | ['business'] | 19-09-2023 |
Diesel sales decline by 5.8% in Sept amid monsoon, petrol sales up | Diesel sales in India fell for the second straight month in September as rainfall slowed vehicular movement and also weakened the demand for the fuel in agriculture sector. Diesel sales by three state-owned fuel retailers declined by 5.8% year-on-year to 2.72 million tonnes between September 1 and 15. Meanwhile, petrol sales increased by 1.2% year-on-year to 1.3 million tonnes. | ['business'] | 19-09-2023 |
India, Brazil begin talks to resolve sugar-related trade dispute | India and Brazil have started talks to mutually resolve a sugar-related trade dispute at the World Trade Organization. As part of the solution, the South American nation may share ethanol production technology with India, an official said. India would also have to offer something to resolve the dispute. Brazil is the largest producer of sugarcane and ethanol in the world. | ['business'] | 19-09-2023 |
Why is France planning to allow selling fuel at a loss? | The French government is planning to allow the sale of fuel at a loss for some months, overriding a law from 1963, in order to curb inflationary pressures on households, PM Élisabeth Borne said. "With this unprecedented measure, we'll get tangible results for French people without subsidising fuel," Borne added. She rejected the idea of the government reducing fuel taxes. | ['world', 'business'] | 19-09-2023 |
UK firm gets ₹41-cr order to supply tech to Gujarat solar facility | Gas Recovery and Recycle Limited (GR2L), a small cleantech firm in UK, has secured an over ₹41-crore order to supply its technology to a projected 2.0-gigawatt solar facility in Gujarat's Mundra. The company is backed by UK government's UK Export Finance. "Our cutting-edge gas recycling technology helps solar facilities reduce their scope 3 CO2 emissions," GR2L CEO Rob Grant said. | ['business'] | 19-09-2023 |
Investment proposals worth ₹7,660 crore approved by Karnataka | The Karnataka government has approved 91 investment projects worth about ₹7,660 crore that have the potential to create over 18,000 jobs. Maruti Suzuki India, Krypton (India) Solutions and South West Mining are among the top investors. Tata Semiconductor Assembly and Test will also invest ₹200 crore to set up a facility in Kolar and generate 155 jobs. | ['business'] | 19-09-2023 |
39-year-old Kiwi Camara, one of the highest paid US CEOs, quits his company | Kiwi Camara is stepping down as CEO of CS Disco, a legal tech firm he co-founded in 2013. Camara, 39, is known for being one of the highest paid US CEOs and earning more than Apple CEO Tim Cook in 2022, at $110 million. He became the youngest-ever graduate of Harvard Law School at the age of 19 in 2004. | ['business', 'startup'] | 19-09-2023 |
CBI arrests Bridge & Roof Company official in ₹20-lakh bribe case | The CBI arrested seven people including Ashish Razdan, the Executive Secretary of the CMD of public sector undertaking Bridge and Roof Company (India), in a ₹19.96-lakh bribery case. The alleged bribe involved the award of the tender for Odisha's Eklavya Model Residential School to Gujarat-based private firm Hetal Kumar Pravinchandra Rajyaguru. The owner of the private firm was also arrested. | ['business'] | 19-09-2023 |
9 of top 10 Indian firms add ₹1.8 lakh cr in m-cap; TCS top gainer | The combined market valuation of nine of the top 10 most valued Indian firms jumped by ₹1.80 lakh crore last week. The biggest gainer was Tata Consultancy Services (TCS), whose valuation jumped ₹57,300.75 crore to ₹13,17,203.61 crore. The valuation of HDFC Bank, Reliance Industries, Infosys and SBI also surged. Hindustan Unilever Limited was the only laggard from the top-10 group. | ['business'] | 19-09-2023 |
Lucknow-UAE flight suffers hydraulic issue, lands at Delhi airport | An IndiGo flight made an emergency landing at Delhi airport after suffering a hydraulic system issue, PTI reported. The flight was travelling from Lucknow to Abu Dhabi, the capital of United Arab Emirates (UAE). It reportedly had over 150 passengers onboard. Earlier this month, a Delhi-bound IndiGo flight made an emergency landing at Bhubaneswar airport due to suspected bird hit. | ['business', 'national'] | 19-09-2023 |
What is the Mahadev gambling app case? | The Directorate of Enforcement (ED) is investigating Mahadev online book betting app, an umbrella syndicate which enabled illegal betting websites to enrol new users, create user IDs and launder money through a layered web of benami bank accounts. Sourabh Chandrakar and Ravi Uppal, who hail from Chhattisgarh, are the main promoters of the app and run their operations from Dubai. | ['business', 'national'] | 19-09-2023 |
Evergrande employees detained by Chinese Police, charges unknown | Chinese Police have detained many employees of real estate company China Evergrande Group's subsidiary Evergrande Wealth Management, police said. Police, which didn't reveal the charges against the staff, called on people to report cases of suspected fraud. Earlier, Evergrande filed for bankruptcy. It had estimated debt of $328 billion in June, which contributed to China's property market crisis. | ['business'] | 19-09-2023 |
Akasa sues pilots for quitting without notice, seeks ₹21 crore from each of them: Report | Akasa Air has taken legal action against more than 40 pilots for quitting the airline without serving their notice period. Akasa is reportedly seeking to bar the pilots from joining any airline until they complete the mandatory notice period. The airline has also sought ₹21 crore in damages from each pilot for loss of business and damage to its reputation. | ['business'] | 19-09-2023 |
BrahMos manufacturing in UP likely to start by Mar 2024: Rajnath | Defence Minister Rajnath Singh on Saturday said the manufacturing of BrahMos missiles in UP's Lucknow is likely to start by March next year. "The work on BrahMos missile project is...going on at a fast pace," the minister stated. In June, he said that not only nuts and bolts but BrahMos missiles would also be made at UP Defence Industrial Corridor. | ['business', 'national'] | 19-09-2023 |
Adani investors-linked Mauritius firm lost licence in 2022: Report | Mauritius' Financial Services Commission revoked business and investment licences of Emerging India Fund Management (EIFM) in May last year, The Indian Express reported. EIFM is the controlling shareholder of two Mauritius-based funds that invested in Adani Group firms and are currently under probe, the report said. The licences were reportedly revoked over violations of money laundering rules. | ['business'] | 19-09-2023 |
I'm not indifferent to inflation, supply issues are being seen: FM | Finance Minister Nirmala Sitharaman said she's not indifferent to the problem of inflation and is making sure that supply-side difficulties are handled. "I'm not saying that prices of edible products, particularly perishables are not pinching the common people," she stated. "We are making sure that improved supplies reach people...Tomato [prices] have already crashed to the other end," she added. | ['business'] | 19-09-2023 |
India has to grow fast, must raise per capita income: RBI ex-Guv | RBI's ex-Governor C Rangarajan said India becoming the fifth largest economy in the world is an "impressive achievement" but its per capita income must increase. "In 2020, India's rank with respect to per capita income was 142 out of 197 countries," he stated. "We've no choice but to grow fast, given the present level of per capita income," he added. | ['business', 'national'] | 19-09-2023 |
Google Co-founder Sergey Brin divorced wife over her alleged affair with Musk: Reports | Google Co-founder Sergey Brin quietly finalised his divorce from wife Nicole Shanahan in May this year after it was rumoured that she had an affair with Musk, multiple reports said. Brin had filed a divorce in January 2022 citing "irreconcilable differences". After the rumours of affair emerged, Musk denied them saying he and Shanahan met twice in three years. | ['world', 'business', 'technology'] | 19-09-2023 |
General Motors CEO defends her $30 mn salary amid workers' strike | General Motors CEO Mary Barra told CNN that 92% of her nearly $30 million compensation is "based on the performance of the company". Her response came after being asked why the company's workers aren't getting a 34% pay hike like she has received over the last four years. Workers are currently striking against the company over pay and other benefits. | ['automobile', 'business'] | 19-09-2023 |
241 gas connections disconnected in Pak, PKR 2.7 mn fine imposed | Pakistan's Sui Northern Gas Pipelines Limited has disconnected 241 gas connections in Punjab, Khyber Pakhtunkhwa and Islamabad and imposed a PKR 2.7-million detection bill on consumers, Dawn newspaper reported. The disconnections were made due to illegal gas usage, meter tampering and compressor usage. In Mardan, a team detected a five-kilometer illegal gas network, which was disconnected. | ['world', 'business'] | 19-09-2023 |
Musk among others criticise Dove for partnering with controversial Black Lives Matter activist | Beauty brand Dove is being criticised for partnering with controversial Black Lives Matter activist Zyahna Bryant. In 2020, she accused a University of Virginia student, Morgan Bettinger, of referring to George Floyd protesters as "speed bumps". Bryant later admitted she may've "misheard" the comments. After one X user said Bryant ruined a white girl's life, Elon Musk responded, "Messed up." | ['world', 'business'] | 19-09-2023 |
Kingpin Sourabh sold juice in Bhilai before laundering ₹5,000 crore via Mahadev app | Sourabh Chandrakar, one of the two main promoters of illegal Mahadev gambling app, used to sell juice in Chhattisgarh's Bhilai in his twenties. The Enforcement Directorate is investigating money laundering charges of an estimated ₹5,000 crore in connection with the app. ED said Sourabh spent ₹200 crore on his wedding in Dubai that was attended by several celebrities. | ['business', 'national'] | 19-09-2023 |
Pakistan fuel prices hit all-time highs of around PKR 330/litre | Pakistan's caretaker government led by PM Anwaar ul Haq Kakar has hiked fuel prices, taking them to all-time highs of around PKR 330/litre. Finance Ministry hiked petrol price by PKR 26.02/litre to PKR 331.38/litre and diesel price by PKR 17.34/litre to PKR 329.18/litre. Petrol price has been hiked by PKR 58.43/litre and diesel by PKR 55.83/litre in one month. | ['world', 'business'] | 19-09-2023 |
Protest erupts outside Tata Steel plant after firm signs UK deal | Workers have gathered outside Tata Steel's Port Talbot plant to protest against job losses after the firm signed a deal with the UK government to decarbonise the plant. A video showed workers standing with banners which read, "Britain, we need our steel now!" and "Back it or lose it!" The decarbonisation efforts could result in 3,000 job losses. | ['world', 'business'] | 19-09-2023 |
Tiger, Sunny Leone among celebs who attended Mahadev app scam accused's ₹200 cr Dubai wedding | Bollywood celebrities like Tiger Shroff, Sunny Leone and Neha Kakkar could be summoned by the Enforcement Directorate in connection to money laundering operations of the Mahadev betting app, estimated to be around ₹5,000 crore. Nearly 17 celebrities attended the app promoter Sourabh Chandrakar's wedding in Dubai in 2023, for which nearly ₹200 crore in cash was spent. | ['business', 'entertainment', 'national'] | 19-09-2023 |
Investor says he has shorted Tesla stock, Musk calls him 'Thanos' | Billionaire Tesla CEO Elon Musk called investor Jim Chanos "Thanos" after he said he has shorted stock of the EV-maker. "We just think [Tesla's stock] is ridiculously overvalued," Chanos said. "Jim Thanos needs to stop snapping his gloves on his own investments," Musk said. A short position is when an investor bets against the market, profiting when share prices decline. | ['business', 'technology'] | 19-09-2023 |
Big day for UK steel: Sunak as Tata Steel, UK sign £1-bn deal | UK PM Rishi Sunak said the £1-billion deal signed between Tata Steel and the UK government marks "a big day for UK steel". "We've agreed a joint £1 billion investment with Tata Steel to save thousands of British jobs and secure future of steel industry in Wales," Sunak said. The deal includes a £500-million government grant to decarbonise Port Talbot. | ['world', 'business'] | 19-09-2023 |
X removes blue tick of US union UAW after thousands go on strike | X removed blue checkmark of US' United Auto Workers (UAW) union after thousands of its members went on strike against three of America's biggest carmakers simultaneously for first time. UAW's blue tick was restored later, allegedly after the story began circulating widely. According to X's policy, the tick is removed if an account changes its profile picture, which UAW had. | ['automobile', 'business', 'technology'] | 19-09-2023 |
SoftBank's Son refused hiking Arm's IPO price by $1: Report | SoftBank Founder and CEO Masayoshi Son refused to increase the IPO price for its chipmaking unit Arm by $1, which could've helped the firm raise $100 million more, Bloomberg reported. Son, who got involved in the IPO's pricing negotiations on Wednesday afternoon, signalled that he didn't want to ask for too high a price. Arm's IPO was 12 times oversubscribed. | ['business'] | 19-09-2023 |
Cocaine set to become Colombia's main export | Cocaine is set to become the no. 1 export for Colombia this year after overtaking oil, according to estimates by Bloomberg Economics. This comes amid a consistent rise in the trend of cocaine trade and a 30% decline in oil exports. Colombia's cocaine output surged to a record 1,738 tonne last year, UN Office on Drugs and Crime data showed. | ['business'] | 19-09-2023 |
Windfall tax on crude hiked by 50%, levy on diesel, ATF export cut | The government has hiked windfall tax on domestically-produced crude petroleum by about 50% from ₹6,700/tonne to ₹10,000/tonne. Tax on export of diesel has also been cut from ₹6/litre to ₹5.5/litre and on aviation turbine fuel (ATF), or jet fuel, from ₹4/litre to ₹3.5/litre. Windfall tax, which is imposed on supernormal profits, on petrol has been kept unchanged at zero. | ['business'] | 19-09-2023 |
Canada indefinitely postpones trade mission to India | Canada is indefinitely postponing a planned trade mission to India, Canadian Trade Minister Mary Ng's spokesperson said. The development comes after the countries paused trade talks between them. Last week, Canadian PM Justin Trudeau met with PM Narendra Modi at the G20 Summit in Delhi, where India raised strong concerns about "anti-India activities of extremist elements" in Canada. | ['world', 'business'] | 19-09-2023 |
Govt responds to 'inflated' GDP claims, says 'critics should look at other growth data' | Ministry of Finance responded to claims that India's GDP data has been inflated. India uses income or production approach to calculate its real GDP growth, which stood at 7.8% year-on-year in Q1 FY24, it said. Critics should look at other data like purchasing managers' indices, bank credit growth, increase in capital expenditure and consumption pattern to assess growth, it added. | ['business'] | 19-09-2023 |
Spike in inflation isn't a trend but a one-off: SBI Chairman | SBI Chairman Dinesh Khara said, "Spike in inflation isn't a trend but a one-off." He added, "We've seen that for two months there was an impression that inflation was outside the Reserve Bank of India's tolerance level, but I would say that it was not a trend it was more of a one-off essentially attributed to the vegetable prices, etc." | ['business'] | 19-09-2023 |
Cash-strapped Dunzo to give up office space in B'luru to cut costs | Cash-strapped Dunzo is likely to vacate its office space in Bengaluru to save costs, Co-founder and CEO Kabeer Biswas told employees. Dunzo was initially supposed to clear all dues on July 20, but multiple delays later, Biswas has set November as the new deadline. This move comes amid Dunzo struggling to manage its cash flow situation. | ['business', 'startup'] | 19-09-2023 |
UPRERA orders Gzb promoter to restore allotment of cancelled unit | Uttar Pradesh Real Estate Regulatory Authority (UPRERA) directed the promoter of a Ghaziabad housing project to restore the allotment of a cancelled unit to the allottee within 45 days. As a condition for the handover, the promoter had demanded approximately ₹7 lakh as interest even though construction was not complete. On non-payment of the amount, the promotor cancelled the allotment. | ['business'] | 19-09-2023 |
Bankrupt Go First extends flight cancellations till September 25 | Bankrupt Go First on Friday extended flight cancellations till September 25 citing operational reasons. Apologising for the inconvenience, the airline said, "The company has filed an application for immediate resolution and revival of operations. We will be able to resume bookings shortly." Go First filed for bankruptcy in May and its flights have remained suspended since then. | ['business'] | 19-09-2023 |
Pernod Ricard faces CCI probe for boosting market share-documents | Competition Commission of India (CCI) is investigating Pernod Ricard for allegedly colluding with some retailers in Telangana to hurt competitors. Radico has alleged Pernod violated India's antitrust laws by entering into agreements with retailers in Telangana to offer them "additional discounts and benefits" if they abstained from selling Radico's 8PM whisky brand. | ['business'] | 19-09-2023 |
G-7 plans to ban imports of Russian diamonds: Belgium | The Group of Seven (G7) nations may agree to a ban on imports of Russian diamonds in the next two or three weeks, a Belgian official said. The mechanism will consist of a direct ban on purchases, which would take effect on January 1, as well as an indirect ban, which would kick in more gradually, the official added.
| ['world', 'business'] | 19-09-2023 |
UK to give £500 mn to Tata Steel to decarbonise Port Talbot site | Britain will provide £500 million ($621 million) to Tata Steel to help decarbonise its Port Talbot site in Wales, the UK government said. However, the deal could result in nearly 3,000 job losses. Britain stated that the government grant, which it called one of the largest government support packages in history, would help safeguard 5,000 jobs.
| ['business'] | 19-09-2023 |