MUMBAI: IPO-bound National Stock Exchange (NSE), the largest stock exchange in India by turnover and profits, is reducing the size of its offering to about 5.3% of its equity base, from 6% planned earlier. The stocks will be offered in a price band of Rs 1,700 to Rs 1,785 per share, people in the know…
The widow argued that the journey ticket had been recovered from Manjhi and was also mentioned in the police papers. In a strange case, a woman sought railway compensation after her husband’s death, but the train he was supposed to be travelling on had left four hours before the ticket was bought!The Delhi High Court…
Merchandise exports rose 17.04% to $173.78 billion during April-July, while imports climbed 19.27% to $292.38 billion. India’s merchandise exports have grown by more than 15 per cent in the first five months of the current fiscal despite a challenging global trade environment, Commerce and Industry Minister Piyush Goyal said on Wednesday.The union minister said the…
The Philippine Coast Guard said 42 people had been rescued from the vessel. A fire broke out aboard a passenger ferry near the popular tourist destination of Coron in the Philippines’ Palawan province on Wednesday evening, killing at least five people, according to the Philippine Coast Guard (PCG) and local media.The vessel, M/V June Aster,…
The father claimed that the youngest subjected him to repeated torture and humiliation. (Image for representative purpose only) A father bought land parcels in the youngest son’s name, but their relationship turned bitter and the senior citizen alleged that he had been humiliated and tortured. Orissa High Court’s judgment in the case holds significance.When an…
India’s ethanol production capacity has surpassed the requirements for blending, prompting the government to explore additional uses for the surplus. The government is looking to move beyond the 20 per cent ethanol-blending target as flex-fuel vehicles are expected to enter the market, advisor to the Prime Minister Tarun Kapoor said on Wednesday.Speaking at The India…
The scheme provides a one-time opportunity to address specified foreign income and foreign asset reporting gaps. Foreign assets may possibly be overlooked years later—whether it is a bank account opened while studying abroad, stocks received by domestic employees under Company’s Employee Stock Option plans (ESOPs) or Restricted Stock Units (RSUs), savings accumulated during an international…
Higher crude prices could raise costs across fuel, transport and other energy-intensive sectors, adding to domestic inflation pressures. State-owned fuel retailers are losing around Rs 5 per litre on petrol and Rs 23 per litre on diesel as renewed tensions in West Asia pushed international crude oil prices above $100 a barrel, analysts said on…
“When you ride the bullet train from Vadodara, you will reach Mumbai in just an hour and a half,” the minister said. (Image for representative purpose only) India’s first indigenous bullet train is likely to start being tested by May or June next year, Railway Minister Ashwini Vaishnaw has said. He added that the testing…
The opening of the package was recorded on video using the delivery agent’s phone. A man ordered an iPhone 14 Pro from an e-commerce platform. What he received instead shocked him. The phone that was delivered to him turned out to be a Chinese phone with a fake Apple logo. Instead of the three-camera Deep…