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Posted in Economy

nclt: Behind India’s slow-moving IBC regime, an NCLT hamstrung by too many vacancies

NEW DELHI: The National Company Law Tribunal (NCLT) faces significant operational challenges due to vacant positions, a ToI report highlighted on October 15. Out of…

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Tokyo Metro's logo is pictured at Kasumigaseki station in Tokyo, Japan.(Reuters)
Posted in Business

Tokyo Metro’s IPO to raise $2.3 billion in Japan’s biggest listing in six years

Tokyo Metro Co. is raising ¥348.6 billion ($2.3 billion) after the company priced shares at the top of the marketed range, people familiar with the…

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Notable past IPOs include Paytm, Reliance Power, and GIC, which suffered losses, while Coal India, Zomato, and HDFC Life Insurance yielded positive returns.(Reuters)
Posted in Business

Boom and crash: How have India’s biggest IPOs performed?

Oct 15, 2024 10:55 AM IST Hyundai Motor India’s IPO worth ₹27,870.16 crore opens today, becoming India’s largest IPO ever, surpassing LIC’s record. Hyundai Motor…

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Gold silver image
Posted in Business

Gold Rate Today 15-10-2024: Check latest prices in your city

The gold rate experienced a decline on Tuesday. The current price for 24 carat gold stands at ₹7778.3 per gram, which is a decrease of…

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Jensen Huang of Nvidia commended xAI and Elon Musk for their exceptional work on the Colossus supercomputer, made from 100,000 GPUs, completed in just 122 days. Nvidia's stock has increased by 14% this month, driven by positive investor sentiment.(AP)
Posted in Business

Nvidia’s Jensen Huang is all praises for Elon Musk’s xAI supercomputer: ‘Superhuman’ feat

Oct 15, 2024 10:03 AM IST Nvidia CEO Jensen Huang praised Elon Musk’s AI firm xAI for its extraordinary achievements, particularly in constructing the Colossus…

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China could raise 6 trillion yuan in ultra-long bonds to support its economy and assist local governments with off-balance-sheet debt, addressing substantial financing risks amid declining land and tax income.(Reuters)
Posted in Business

China’s ‘largest’ plan to boost economic growth is coming soon

Oct 15, 2024 09:55 AM IST China plans to raise 6 trillion yuan through ultra-long special government bonds to stimulate its economy, with funds aimed…

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Harry and Meghan 'trial separation': Prince reportedly leading separate life from 'control freak' Markle
Posted in UK News

Royal Family: Harry and Meghan ‘trial separation’: Prince reportedly leading separate life from ‘control freak’ Markle

Prince Harry and Meghan Markle (Picture Credit: Reuters) Prince Harry is reportedly contemplating the future of his marriage to Meghan Markle, as fresh reports suggest…

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After a major outage affecting Facebook and Instagram, services were largely restored for US users. Peak reports reached over 12,000 for Facebook and 5,000 for Instagram.(AFP)
Posted in Business

Meta’s Facebook, Instagram back up for most users in US after brief outage

Oct 15, 2024 09:08 AM IST Facebook and Instagram were mostly restored after a US outage affecting thousands. Peak reports reached over 12,000 for Facebook…

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The allotment for the Hyundai Motor IPO is expected to be finalised on October 18, while the stock will list on BSE, NSE with tentative listing date fixed as October 22, 2024. (Reuters)
Posted in Business

Hyundai IPO opens today. Here’s what you need to know before investing

Oct 15, 2024 09:03 AM IST Hyundai Motor IPO allotment is expected on October 18, with a tentative stock listing on BSE and NSE set…

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The image shows the man who got a tattoo of Ratan Tata on his chest. (Instagram/@themustache_tattoo)
Posted in Business

Viral video: Man gets Ratan Tata’s face tattooed on chest, shares heart touching story to explain why | Trending

Oct 15, 2024 08:39 AM IST A video of a man’s tribute to Ratan Tata has gone viral. It captures him getting a tattoo of…

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