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Business

Sebi withdraws press release on unprofessional work culture

 Capital markets regulator Sebi on Monday withdrew its press release issued in September 4, which addressed claims of unprofessional work culture, stating that these concerns are "misplaced" and reaffirmed that employee-related issues will be managed internally.


Sensex scales Mount 83K, Nifty closes at record high in late blue-chips rally

Mumbai: Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high in a late rally in blue-chip shares, surge in global markets and foreign fund inflows.

 


LATEST HEADLINES

Gurugram: Four college students held for night-time thefts of car tyres, rims


Two girls injured in separate wolf attacks in UP's Bahraich


On Ambedkar's Mahaparinirvan Din, thousands gather at Chaityabhoomi; Guv, CM hail social icon


Hamilton crashes in final practice for F1 title-deciding Abu Dhabi GP ahead of qualifying


VHP warns of statewide stir in Karnataka against move to ease cattle transport law


UP govt to build protective walls around Ambedkar statues: Adityanath


'Warm and engaging atmosphere reigned', Shashi Tharoor on Putin banquet


Delhi: Couple with four daughters bought kidnapped male infant; five held, child rescued


BJP to lay siege to Suvarna Vidhana Soudha on Dec 9: Vijayendra


Congress cites Maniben Patel's diary entries, asks Rajnath to apologise for Babri claim


Probe into Zubeen's death almost complete, charge sheet to be filed on Dec 12: Assam Police


Russia unleashes massive drone, missile attack on Ukraine as diplomatic talks continue




Google loses final EU court appeal against 2.4 billion euro fine in antitrust shopping case

Google lost its final legal challenge on Tuesday against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a long-running antitrust case that came with a whopping fine.

 

Nandini set to sponsor 2024-25 Indian Super League football tournament

Nandini, the popular dairy brand owned by Karnataka Milk Federation (KMF), is gearing up to sponsor the upcoming season of the Indian Super League (ISL) for 2024-25. This move by the state’s renowned dairy cooperative is aimed to promote its brand during the six-month-long sports event.

 

Zerodha's Nithin Kamath says Indians one hospitalization away from bankruptcy

India is grappling with one of the highest rates of medical inflation in Asia, standing at 14%, coupled with a burden on individuals who pay for their own healthcare. A staggering 71% of Indian workers cover their healthcare costs out of pocket, a figure that is alarmingly high compared to global standards. According to 2021 data, India ranks 28th globally for out-of-pocket health expenditure, surpassing even many low-GDP African nations.

Gautam Adani replaces Ambani to become wealthiest Indian with networth of Rs 11.6 lakh cr

Mumbai: Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday.

 

 

Nvidia's rapid growth fuels high pressure and long work hours for its employees

In Santa Clara, California, parking spots that were once used by more reasonably priced cars are now filled by a range of luxury vehicles, such as Lamborghinis, Corvettes, and Porsches and a few have been repainted in the lime green found in the Nvidia Corp. logo, it’s because Nvidia workers who worked in technical support for enterprise clients claimed they were expected to work seven days a week, frequently until one or two in the morning, they are stuck where their owners want to be: at the office.

 

Cognizant files lawsuit against Infosys over trade secrets; Infy denies allegations

IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software.

Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company.

 

Adani to sell 3% in Ambuja Cement for $500 million as part of holdings adjustment in group: Sources

New Delhi: Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, sources said.

 

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