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IndiaTV Business: Google News Feed: Digest for March 28, 2024

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The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
The Indian stock market witnessed a robust performance on Thursday as both the Sensex and Nifty soared following the US Federal Reserve's decision to maintain interest rates. The S&P BSE Sensex surged by 540 points to settle at 72,641, while the NSE Nifty50 closed above the 22,000-mark at 22,012, marking a gain of 173 points.
The Employees' Provident Fund (EPF) stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. With monthly contributions of 12 per cent from employees and a matching sum from employers, the EPF serves as a vital avenue for long-term savings.
Benchmark equity indices tanked in early trade on Friday, surrendering their two days of rally, dragged down by IT stocks, weak trends from Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex tanked 413.36 points to 72,227.83. The NSE Nifty skidded 86.8 points to 21,925.15.
Zomato CEO Deepinder Goyal has reportedly married Mexican former model and entrepreneur Grecia Munoz and the wedding took place over a month ago, according to multiple media reports. The couple have also spent their honeymoon in an undisclosed location in February.
The Directorate General of Civil Aviation (DGCA) on Friday imposed a fine of Rs 80 lakh on Air India Limited. The fine has been imposed for violation of regulations pertaining to Flight Duty Time Limitations (FDTL) and fatigue management system (FMS) of flight crew.
Business news: India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD 642.49 billion in the week ending on March 15, as per the latest data released by the Reserve Bank of India (RBI). During the week, the foreign exchange kitty rose by USD 6.396 billion. Before March 8 week, the reserves rose by USD 10.470 billion to USD 636.095 billion.
IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for special audits of these two non-banking finance companies.
Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest ports and logistics company, on Tuesday, announced that it has entered into a definitive agreement to purchase the 56 per cent stake of the SP Group and 39 per cent of Orissa Stevedores Limited (OSL) in Gopalpur Port Limited (GPL). The acquisition is made at an enterprise value of Rs 3,080 crore, and the transaction is subject to statutory approvals and fulfilment of other conditions precedents.
Mumbai has become the billionaire capital of Asia for the first time, overtaking the Chinese metropolis Beijing. More billionaires now live in the 603 square kilometers city of Mumbai as compared to than 16,000 square kilometers of Beijing. According to Hurun Research's 2024 Global Rich List, while China has 814 billionaires compared to India's 271, Mumbai has 92 billionaires as against 91 in Beijing. According to news report, Mumbai now ranks third in the world in terms of billionaires after New York, which has regained its top position after seven years with 119 billionaires, followed by London with 97 billionaires.
Business news: Adani Green Energy Ltd (AGEL) on Tuesday announced its sponsorship of the UK Science Museum's 'Energy Revolution' gallery, today (March 26), in a landmark partnership that underscores the global shift towards renewable energy. At the inauguration ceremony, Gautam Adani, Chairman of the Adani Group in his address highlighted the relevance of renewable energy and the imperative of sustainable development.
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