SpiceJet PAT at Rs 150 cr, to raise Rs 3K cr via QIP
SpiceJet plans to raise ₹3,000 crore through a qualified institutional placement by September 2024 to strengthen its financial position, expand its fleet, and settle liabilities.
Monthly Archives
August 2024
Karnataka govt stops banking with SBI & PNB; Directs state depts to withdraw deposits
Bangalore: The government of Karnataka has decided to stop all its transactions with two public sector banks --the State Bank of India (SBI) and Punjab National Bank (PNB)-- citing alleged financial irregularities concerning deposits made…
State Bank raises rates on loans by 10 basis points
The bank has increased its overnight rate by 10 bps to 8.2%, one-month rate to 8.45%, three-months to 8.5%, six months to 8.85%, one-year to 8.95%, two-years to 9.05%, and three years to 9.10%.
Google starts production of Pixel 8 in India
In a tweet posted late Tuesday night, the minister shared a picture of the Google Pixel 8 device on X (formerly Twitter).
PFC Chief Inaugurates Research Anatomy Lab at IIT Madras as CSR Initiative
Chennai— Power sector Maharatna PFC Chairperson Smt. Parminder Chopra, inaugurated a state-of-the-art Anatomy laboratory at the Department of Medical Sciences and Technology, Indian Institute of Technology Madras (IIT Madras) on Tuesday.…
J&K assembly poll schedule next week
NEW DELHI: The Election Commission of India (ECI) will hold a meeting with Union home secretary Ajay Kumar Bhalla on Wednesday to review the security situation in Jammu & Kashmir and assess the requirement of security personnel. The…
PM Modi’s surgical strikes delivered strong blow to terrorism and naxalism: Amit Shah
AHMEDABAD: Union Home Minister Amit Shah, stated that while India has long endured the scourge of terrorism and Naxalism, PM Narendra Modi has delivered a strong response by launching surgical and air strikes that have left the enemy…
BJP preps for party chief polls, key meet on August 17
NEW DELHI: The BJP has begun preparations for the election of the party’s national president by scheduling a crucial meeting of its office-bearers, including presidents of all state units, on August 17.
The office-bearers are expected to…
Doctors’ strike to continue till implementation of Central Protection Act
Delhi: The United Doctors Front Association (UDFA) and the Federation of All India Medical Association (FAIMA) had decided to continue its nationwide strike to condemn the rape and murder of a 31-year-old trainee doctor at RG Kar Medical…
Gunfight in forest area of tourist spot Patnitop,
SRINAGAR: A gunfight erupted between militants and security forces in the Akar forest area of tourist spot Patnitop in Jammu’s Udhampur district on Tuesday.
According to a defence spokesman, the Army and police launched a joint operation…
Rajasthan Disaster Relief Minister’s resignation escalates political war-of-words
JAIPUR: Political tensions in Rajasthan have escalated as the state battles with severe flooding and heavy rains that have resulted in more than 30 deaths over the past week.
The crisis has intensified scrutiny of state officials, with a…
Mann blames NHAI for land acquisition issues in Punjab
CHANDIGARH: Chief Minister Bhagwant Mann on Tuesday blamed the National Highways Authority of India (NHAI) for land acquisition issues in Punjab in his response to Union Transport Minister Nitin Gadkari who had warned that the Centre would…
Uttarakhand to establish 44 new central schools to improve education
DEHRADUN: In a bid to enhance education quality and curb migration, the Uttarakhand State Government has decided to open 44 new Central Schools across the state. This initiative aims to improve education standards in remote hill regions,…
IAF host its first multinational air exercise ‘Tarang Shakti’
NEW DELHI: Indian Air Force (IAF) chief Air Chief Marshal VR Chaudhari on Tuesday said that India's first multinational air combat exercise "Tarang Shakti" will now be a regular affair, after its successful culmination of first phase at…
SP, BJP appoint in-charges for all 10 by-poll seats in Uttar Pradesh
LUCKNOW: After the Lok Saba poll debacle, the ruling BJP in Uttar Pradesh had deployed 30 ministers and 15 senior leaders as “paalaks (caretakers)” to the 10 assembly seats going to by-poll. Whereas,the main opposition Samajwadi Party (SP)…
West Ham sign Wan-Bissaka from Manchester United
LONDON: West Ham signed Manchester United defender Aaron Wan-Bissaka in a deal worth a reported £15 million ($19 million) on Tuesday.
Wan-Bissaka agreed a seven-year contract with the Hammers after spending five years at Old Trafford.…
Decision on Vinesh appeal for silver medal deferred to August 16
Paris: The Court of Arbitration for Sport (CAS) has postponed the decision on Indian wrestler Vinesh Phogat's appeal against her disqualification at the Paris Olympics yet again. The new deadline for the decision is 9.30 pm (IST) on August…
Ather Energy joins unicorn club with $71 million funding
BENGALURU: Electric two-wheeler manufacturer Ather Energy has entered the unicorn club after securing $71.5 million in Series E round from existing investor National Investment and Infrastructure Fund (NIIF).
The electric scooter…
Customers porting to BSNL after tariff hike: Vodafone Idea CEO
NEW DELHI: Many Vodafone Idea Limited (VIL) customers are porting to the state-owned Bharat Sanchar Nigam Limited (BSNL) following a tariff increase by telecom companies in July 2024, said Vodafone Idea's Chief Executive Officer, Akshaya…
Study reveals success strategies of startups
Mumbai: In an interesting study, Indian Institute of Management Lucknow researchers have decoded the success strategies of unicorn startups -- companies that surpass a billion-dollar valuation. The findings reveal that startups led by…
