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Vedanta dismisses Viceroy Research report as containing no new findings

[ad_1] Over the last three years, Vedanta has actively reduced its debt and continues to strengthen its financial structure, Naidoo told shareholders | Photo Credit: DANISH SIDDIQUI Officials of Vedanta Ltd again denied all the allegations made by US short-seller Viceroy Research against the Vedanta group and said the report contained no new findings to rattle investors. Answering investors’ queries

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Bihar SIR: ECI to ‘consider’ Aadhaar, EPIC, ration card for voter registration

[ad_1] The Supreme Court on Thursday asked the Election Commission of India, in the interest of justice, to consider Aadhaar Card, Elector’s Photo Identity Card (EPIC) and ration cards as proof for voter registration in the ongoing Special Intensive Revision (SIR) of electoral roll in poll-bound Bihar. “The Election Commission of India (ECI) has pointed out that the documents’ list

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Storage in India’s key reservoirs tops 50% of capacity

[ad_1] The storage increased in all the five regions this week with the level in southern reservoirs rising over 60 per cent | Photo Credit: JOMON PAMPAVALLEY The storage level in India’s 161 major reservoirs improved further this week to over 50 per cent of the capacity with central and north-west India receiving good rainfall under the influence of the

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Centre allocates 5.2 mt of rice for ethanol production in 2025-26

[ad_1] The Centre on Thursday notified the policy on selling foodgrains from official reserves under the open market sales scheme (OMSS). Under the scheme, the reserve price of wheat has been fixed at ₹2,550/quintal for all categories, up from ₹2,300-2,325 last year, whereas that of rice has been fixed at different rates depending on category of buyers. For distilleries to

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Corporate net profit may be lukewarm in Q1 of FY26: Analysts

[ad_1] Net profit of India’s Nifty 50 companies may continue to be lukewarm at not more than 4.5% without accounting for oil companies in the first quarter of the current fiscal, according to equity research analysts.  “We expect 1Q FY26 net income of the KIE universe to increase 10.6% yoy, largely driven by a strong rebound in profits of the

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Centre has spent ₹29,576 crore until March on Auto PLI: MHI

[ad_1] The PLI-Auto scheme has been subdivided into the champion original equipment manufacturer incentive scheme and component champion incentive scheme. | Photo Credit: Udit Kulshrestha The Centre has spent ₹29,576 crore until March 2025 and created over 44,987 job opportunities across the automotive value chain through the Production Linked Incentive (PLI) scheme on auto. The details came out while reviewing

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Life insurers June new business dips 3% to ₹41,117 cr.

[ad_1] Life insurers in India reported new business for June declined 3% to ₹41,117.14 crore from ₹42,433.69 crore a year earlier, after two months of uptick in the premium this fiscal and as the number of covers sold remain comparatively lower. For the quarter ended June, the new business premium rose 4.25% to ₹93,544.54 crore (₹89,726.70 crore). This came on

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How family offices bet on sports from fantasy apps to ski resorts

[ad_1] Key Points A third of investment firms of the ultra-rich have invested in sports, according to a new family office survey by BNY Mellon. While billionaire sports-team buyouts get the headlines, family offices are increasingly investing in adjacent assets like live-viewing venues and betting apps. Here’s how the family offices of ultra-rich sports team owners like David Blitzer and

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MP Materials wins big rare-earth contract with Pentagon, here’s how the stock market reacted

[ad_1] MP Materials’ stock rocketed over 50% on Thursday after sealing a huge deal with the Pentagon. The US Defense Department will become the company’s biggest owner by buying $400 million of special stock, grabbing a 15% stake. This cash will help MP Materials build a new magnet factory called the “10X Facility” and upgrade its California mine. The government

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Gang-rape of law student: Govt submits progress report before Calcutta High Court on investigation by police

[ad_1] Police has arrested four accused so far in the case | Photo Credit: SUSHANTA PATRONOBISH The West Bengal government on Thursday submitted a progress report before the Calcutta High Court on Kolkata Police’s investigation into the alleged gang-rape of a law student. A division bench of Justices Soumen Sen and Smita Das De examined the case diary as well

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Bengaluru pushes for seamless public transport with app-based metro, bus ticketing

[ad_1] The new features will be unveiled this week under the Enroute: Mobility-as-a-Service (MaaS) Challenge | Photo Credit: PTI Commuters in Bengaluru will soon be able to buy tickets for metro and BMTC buses directly through popular mobility apps Namma Yatri and Tummoc, as part of a city-wide effort to integrate public transport systems and improve last-mile connectivity. The new

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ED busts ₹284 crore fraud, cracks down on gaming platform Probo; company says ‘user safety and trust top priorities’

[ad_1] The Enforcement Directorate on Wednesday said it has frozen fixed deposits and shares worth more than ₹284 crore belonging to a Haryana-based company, as part of a money laundering investigation linked to illegal online betting. The action was taken under the criminal sections of the Prevention of Money Laundering Act (PMLA) after the agency conducted searches for two days

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U.K. to join France, Bharti group in fresh capital infusion in Eutelsat

[ad_1] Eutelsat Group, which runs the OneWeb satellite internet constellation, will receive an additional investment from the U.K. government of €90 million (₹903 crore) as part of a fresh capital infusion in the entity, whose shareholders include the French government and Bharti Enterprises. Bharti and the French government had announced participation in a reserved capital increase in June. French president

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ICICI Ventures invests ₹100 cr in Arteria Technologies

[ad_1] Arteria’s platform uses its SaaS solutions to address challenges in enterprise supply chains by integrating it with financing options ICICI Ventures has invested ₹100 crore in Arteria Technologies, a supply chain SaaS and fintech platform, in Series B funding, which will be deployed for team expansion, market growth, and driving AI-based product improvement. The funding includes primary and secondary

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Eight years of GST: Jammu & Kashmir’s handicraft sector seeks relief

[ad_1] Ghulam Mohammad Mir, a papier-mâché artisan from Srinagar, in his workshop | Photo Credit: Gulzar Bhat At a traders’ conclave in Srinagar last week, Union Commerce and Industry Minister Piyush Goyal said the government would consider reducing the Goods and Services Tax (GST) rate on various handloom and handicraft items, from 12 to 5 per cent, to support the

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Gas leak at ONGC well in Konaseema contained swiftly confirms fire department

[ad_1] A gas leak was reported during a re-drilling operation at ONGC Well No. 21 in Pasarlapudi village, located in Mamidikuduru Mandal of Andhra Pradesh’s Konaseema district. The incident occurred earlier today but was quickly brought under control by ONGC’s emergency response teams. Fire engines deployed near the site played a key role in neutralising the gas leak and preventing

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Delta Air Lines (DAL) 2Q 2025 earnings

[ad_1] A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024. Joan Valls | Nurphoto | Getty Images Delta Air Lines reinstated its 2025 profit outlook Thursday and said it expects a stronger outlook for summer travel than Wall Street anticipated. Bookings have stabilized after months of lower-than-expected demand, CEO

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Earthquake Delhi-NCR: Strong tremors jolt region after 4.4 magnitude quake in Haryana’s Jhajjar

[ad_1] Earthquake Today Delhi-NCR:  Strong tremors were felt across Delhi-NCR on Thursday morning after an earthquake of magnitude 4.4 struck Jhajjar in Haryana, according to the National Center for Seismology. The quake occurred at 09:04:50 IST on July 10, 2025, with a depth of 10 kilometres. The epicentre was located at latitude 28.63°N and longitude 76.68°E, falling under Jhajjar district. “EQ

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Rupee rises 4 paise to settle at 85.69 against U.S. dollar

[ad_1] Forex traders said the Indian rupee ended the day in the green against the U.S. dollar amid firm expectations that India and the U.S. will reach a deal soon. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day higher by 4 paise at 85.69 (provisional) against the U.S. dollar on Thursday (July 10,

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TCS Q1 results: Net profit rises 6% to ₹12,760 crore in April-June

[ad_1] The Tata group company had posted a net profit of ₹12,040 crore in the corresponding period last year. | Photo Credit: Reuters Country’s largest IT services company TCS on Thursday (July 10, 2025) reported a 6% rise in its June quarter net profit at ₹12,760 crore. The Tata group company had posted a net profit of ₹12,040 crore in

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Saudi Royal runs $250 Billion firm shaping access to mega deals

[ad_1] It also manages part of the sprawling web of contractors tasked with bringing the kingdom’s gigantic development projects to life, and works to line up financing and keep spending in check | Photo Credit: CHARLES CROWELL As Saudi Arabia spends trillions of dollars to reshape its economy, a little-known investment group overseen by the crown prince’s brother is emerging

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Heavy to heavy rainfall likely to continue over these regions in India during next 4-5 days, says IMD

[ad_1] Monsoon has already reached at every place of India. A heavy to very heavy rainfall likely to happen at isolated places over east Madhya Pradesh, Haryana, Chandigarh & Delhi, Himachal Pradesh, Jammu Kashmir-Ladakh-Gilgit-Baltistan-Muzaffarabad, Punjab and West Uttar Pradesh, according to India Meteorological Department (IMD). In an official statement today, July 10, IMD said, “Thunderstorm accompanied with gusty winds with

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