NEWS

Supreme Court grants SEBI 3 months for pending probes in Adani-Hindenburg case verdict

Supreme Court grants SEBI 3 months for pending probes in Adani-Hindenburg case verdict

03 Jan 2024

In a significant ruling on Wednesday, 4 January 2023, the Supreme Court declared that there are no grounds to transfer the investigation of the Adani group of companies, as detailed in the Hindenburg report, away from the jurisdiction of the market regulator

Car sales in India cross 4 million units in 2023

Car sales in India cross 4 million units in 2023

03 Jan 2024

Car sales in India hit a record in 2023, crossing the 4 million mark for the first time, as customers continued to pursue their love for sports utility vehicles (SUVs).

Denmark's Maersk considers route options following an attack on a vessel

Denmark's Maersk considers route options following an attack on a vessel

02 Jan 2024

Denmark’s shipping giant, Maersk, is set to decide on Tuesday, 2 January 2024, regarding the navigation of its vessels through the Suez Canal via the Red Sea.

Vodafone Idea denies talks with Elon Musk's Starlink; shares dip 5%

Vodafone Idea denies talks with Elon Musk's Starlink; shares dip 5%

02 Jan 2024

In a recent statement, Vodafone Idea, a major Indian telecom operator, clarified that it is not engaged in discussions with Elon Musk’s Starlink for a potential tie-up.

The government allows female employees to nominate children for family pensions

The government allows female employees to nominate children for family pensions

02 Jan 2024

In a significant move, the Ministry of Personnel, Public Grievances, and Pensions announced on Tuesday, 2 January 2024, that female government servants or pensioners can now nominate their children for family pensions.

Russian crude ships change course amid concerns over oil payments

Russian crude ships change course amid concerns over oil payments

02 Jan 2024

Several vessels transporting crude oil from Russia, previously idling off the coast of India, are now changing their course eastward, raising concerns about oil payments to Moscow and resulting in a decline in arrivals.

Hindustan Unilever faces Rs 447.5 crore GST demands and penalties

Hindustan Unilever faces Rs 447.5 crore GST demands and penalties

02 Jan 2024

Leading fast-moving consumer goods (FMCG) manufacturer, Hindustan Unilever Ltd. (HUL), disclosed on Monday, 1 January 2024, that it has been served with Goods and Services Tax (GST) demands and penalties totaling Rs. 447.5 crores by the authorities.

Bitcoin surges beyond $45,000, setting a new two-year high

Bitcoin surges beyond $45,000, setting a new two-year high

02 Jan 2024

In a remarkable milestone, Bitcoin has surged past the $45,000 mark, marking its highest value in nearly two years.

HFCL wins Rs1,127-cr order for upgrading BSNL’s optical fibre network

HFCL wins Rs1,127-cr order for upgrading BSNL’s optical fibre network

02 Jan 2024

Telecom network solutions provider HFCL Ltd has secured orders worth Rs1,127.27 crore from state-run Bharat Sanchar Nigam Ltd (BSNL) for upgrading its optical fibre network for carrying the telecom operator's traffic on a PAN-India basis.

ExxonMobil hands over operations of Iraqi oil field to PetroChina

ExxonMobil hands over operations of Iraqi oil field to PetroChina

02 Jan 2024

US oil giant ExxonMobil has exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as the principal contractor, reports citing an Iraqi deputy oil minister said on Monday.

Earthquake of 7.6 magnitude strikes Japan, but tsunami threat passes off

Earthquake of 7.6 magnitude strikes Japan, but tsunami threat passes off

02 Jan 2024

A massive earthquake with a magnitude of 7.6 hit the Ishikawa prefecture in central Japan, triggering around 1 metre high tsunami waves in parts of Japan’s west coast along the Sea of Japan.

Brazil's Petrobras brings a third floating platform into production

Brazil's Petrobras brings a third floating platform into production

02 Jan 2024

Brazil’s state-owned oil and gas giant Petrobras on Sunday announced the start of commercial production from the giant Sepetiba floating production, storage, and offloading (FPSO) vessel at its Mero oil field in the pre-salt area of the Santos Basin offshore.

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