MARKETS
Godrej Properties stock gains after firm emerges top bidder to develop Mumbai plot
The firm says the the 6.54-acre plot in Kharghar has an revenue potential of Rs 3,500 crore
MARKETS
Strides Pharma stock gains 2% after associate firm secures Rs 800-crore fund commitments
The company said share subscription agreements are being executed at a pre-money equity value of $1.65 billion
BUSINESS
Amicus Capital, others infuse Rs 125 crore into Equirus Group, enable Federal Bank's partial exit
The investment is the third equity infusion in the late Rakesh Jhunjhunwala-backed company after the investment by Federal Bank in 2018, the statement said
MARKETS
Just Dial stock jumps over 3% on 9% rise in Q2 net profit
The company posted a net profit of Rs 154.07 crore in the second quarter of the current financial year, up 9.09 percent from Rs 141.22 reported in the June quarter of FY25
MARKETS
Sheela Foam's stock surges 3% on 10.5% stake acquisition in Furlenco parent
The company said it does not need any regulatory approval for the transaction and the deal will be completed by October 14, 2024
WORLD
'Shame on them': Israeli PM Netanyahu slams French Prez Macron's calls for arms embargo
Macron, on Saturday, in an interview with France Inter Radio, said, one should not fight terrorism and terrorists by sacrificing a civilian population, adding that France doesn’t send arms to Israel for use in Gaza
BUSINESS
BMW launches all-new electric scooter CE 02 in India starting at Rs 4.49 lakh
The carmaker said the new electric mobility solution has been created for the city and urban environment, a company statement said
COMPANIES
Bharti Airtel prepays Rs 8,465 crore to telecom department to clear 2016 spectrum dues
These liabilities carried an interest rate of 9.3 percent, the statement said
COMPANIES
PhonePe, Jar partner to launch 'Daily Savings' in digital gold, users can invest as low as Rs 10
Under this new product, users will be able to invest as little as Rs 10 per day and up to a maximum of Rs 5,000 per day in digital gold, “empowering individuals to build a consistent savings habit”
MARKETS
EaseMyTrip signs deal to launch hotels segment on PhonePe, shares jump 6%
PhonePe users will get access to hotel deals and special offers provided by EaseMyTrip, which will also expand to 'activities' and 'cabs'
TECHNOLOGY
Deeply wrong, says Musk on OpenAI's for-profit shift, equity to CEO Altman
OpenAI was founded in 2015 as a nonprofit research organization with the goal of building artificial intelligence that would be safe and beneficial to humanity
COMPANIES
TCS opens new delivery centre in Poland to tap into Europe's growing digital needs
This centre will help the firm tap into the growing technology requirements of Europe as it focusses on ambitious growth targets for digital skills, infrastructures and business capabilities by 2030
INDIA
RG Kar rape-murder case: Junior doctors call off protest partially, to resume emergency services from Sept 21
The move comes following West Bengal government's appointment of Manoj Kumar Verma as the new Kolkata Police chief, replacing Vineet Goyal, and the removal of two senior health department officials, giving in to the medics' earlier demands
BUSINESS
Reliance Infrastructure to seek shareholders' nod for Rs 3,000-crore QIP
The company said the proceeds from the QIP will be used for expansion of business operations directly and/or through investment in subsidiaries and joint ventures including meeting the long-term working capital requirements and for general corporate purposes
INDIA
DVC didn't release water on its own, clarifies Centre after Mamata's 'man-made' flood charge
The decisions regarding all the water releases are taken by a committee, which has members from West Bengal and Jharkhand governments and other central and DVC officials.
COMPANIES
Cabinet okays sale of MSTC's entire stake in FSNL to Konoike Transport for Rs 320 crore
Under the transaction, the Japanese firm will also get the control of the management, a government statement said
BUSINESS
Motilal Oswal Foundation donates Rs 130 crore to IIT-Bombay to fund academic infrastructure
This is one of the largest corporate philanthropic contributions in the country, the foundation said in a post on X
COMPANIES
UK's Metro Bank inks partnership with Infosys for the lender's digital transformation
The lender said the deal is expected to help it save cost and improve efficiency with the expansion of digital and AI capabilities.
INDIA
Mahua Moitra of TMC moves Lokpal to file her complaint against Sebi chief Buch
The West Bengal leader had filed the complaint against Buch on September 12 after several allegations of conflict of interest were made by Congress party and Hindenburg Research against the market regulator's chief
BUSINESS
India has potential to grow at 7.5% or above, says RBI governor Das
The RBI governor has hinted that an interest rate cut is unlikely soon, saying Inflation has moderated but 'we still have a distance to cover'
INDIA
US slaps more sanctions on Pakistan’s ballistic missile programme suppliers
The state department took actions against Chinese and Pakistani entities and individuals, it said in a press statement.
WORLD
Trump supporter Musk says Harris 'exceeded' expectations in US Presidential debate 2024
In a combative debate, Trump and Harris clashed over everything from the economy to immigration and Trump’s legal woes, as each sought a campaign-altering moment in what has been a closely-fought race
BUSINESS
Tamil Nadu CM Stalin discusses India re-entry with Ford Motors
Ford Motors' Chennai plant remains shut after it the exited India in 2021. Stalin says the two sides are exploring the possibility of 'make in Tamil Nadu for the world'
BUSINESS
Sebi chief Madhabi Puri Buch continued to earn from Agora, provided advisory services to M&M, Dr Reddy's: Congress
Congress said that Sebi chief has 99 percent stake in the advisory firm Agora Pvt Ltd
