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Delhi HC restrains Ashneer Grover from creating third party rights in BharatPe shares

Apr 30, 2024

New Delhi, April 30 (IANS) The Delhi High Court on Tuesday issued a restraining order against Ashneer Grover, the former Managing Director of BharatPe, preventing him from creating any third-party interests or rights in the 16,110 shares transferred to him by the fintech company's co-founder, Bhavik Koladiya.The order was issued by Justice Prateek…

Nifty sees profit booking after hitting fresh record high

Apr 30, 2024

New Delhi, April 30 (IANS) Nifty witnessed profit booking after hitting a fresh record high of 22,783 on Tuesday.Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services, said that the index closed with a loss of 39…

Business

Apple hires dozens of AI experts from Google, builds secret research lab

Apr 30, 2024

San Francisco, April 30 (IANS) Apple has hired dozens of artificial intelligence (AI) experts from Google and formed a "secretive European laboratory" in Zurich to house a new team of staff tasked with developing new AI models and products,…

Business

Benchmark indices face profit booking after sharp rally

Apr 30, 2024

New Delhi, April 30 (IANS) Benchmark indices gave up gains on Tuesday amid profit booking after a sharp rally.The NSE Nifty 50 lost 39 points or 0.17 per cent to close at 22,605, while the BSE Sensex was down 188.50 points or 0.25 per cent…

Business

Trent shares gain more than 3 per cent on strong Q4 numbers

Apr 30, 2024

New Delhi, April 30 (IANS) Shares of Trent Limited gained more than 3 per cent on Tuesday after reporting strong Q4 numbers.Trent shares were trading at Rs 4494, up by 3.2 per cent.Trent reported strong standalone revenue growth of 53 per…

Business

Groww gets RBI’s in-principle nod to operate as payments aggregator

Apr 30, 2024

New Delhi, April 30 (IANS) Groww Pay, the UPI payments platform of broking firm Groww, has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payments Aggregator (PA).According to the latest RBI data,…

Business

Adani Ports & SEZ secures AAA rating – India’s 1st in private infra development space

Apr 30, 2024

New Delhi, April 30 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ), one of the largest profit contributors for the Adani Group, has been upgraded to AAA rating by Care Ratings.This is the highest possible rating given to an…

Business

NHPC ropes in Norway’s Ocean Sun for floating solar technology

Apr 30, 2024

New Delhi, April 30 (IANS) Public sector hydropower giant NHPC Ltd has signed a Memorandum of Understanding with Ocean Sun, a Norwegian company operating as a technology provider to the floating solar industry.According to the agreement,…

Business

FirstCry refiles papers for IPO to raise Rs 1,816 crore

Apr 30, 2024

New Delhi, April 30 (IANS) Mother and child care e-commerce platform FirstCry has refiled its draft red herring prospectus (DRHP) for an initial public offer (IPO) with the Securities and Exchange Board of India (SEBI), to raise Rs 1,816…

Business

India’s gold demand rises 8 pc in Jan-March despite soaring prices

Apr 30, 2024

Mumbai, April 30 (IANS) India's gold demand rose to 136.6 tons in the January-March quarter which represents an 8 per cent increase over the same quarter of the previous year, according to figures released by the World Gold Council (WGC) on…

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