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20 May

Asian Granito India Limited’s Rs. 441 crores Rights Issue

Business Correspondent0 CommentsBusiness, Indiaasian granito, India

Asian Granito India Limited announced that its Rights Issue of Rs. 441 crores achieved successful closure. The public portion of the Rights Issue was subscribed more than 1.38 times receiving bids for 6.87 crore shares or Rs. 432 crores of bids received. The Company received bids for over 8.89 crore shares or Rs. 561 crores of bids in the Rights Issue on the closing date against 6.99 crore shares or Rs. 441 crores offered, representing more than 127% subscription. The allotment of equity shares will take place on or about 19th May, 2022. The Rights shares are expected to be…

20 May

BitMEX expands product offering for retail users

Business Correspondent0 CommentsBusiness, IndiaBitMEX, BitMEX Spot

One of the world’s largest crypto trading platforms BitMEX has announced the launch of the BitMEX Spot Exchange for retail and institutional traders as the company looks to expand its product offering. The launch comes as the company looks to become a top ten global spot exchange following the success of its derivatives offer.The launch represents a significant step for BitMEX’s strategy to offer cutting-edge products to crypto traders in India. The exchange supports seven pairs of cryptocurrencies including Bitcoin (XBT), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Polygon (MATIC), Axie Infinity (AXS), and ApeCoin (APE), all against Tether (USDT). Users…

20 May

Calcutta High Court orders CBI to seal SSC database room in Salt Lake

editor0 CommentsWest Bengalschool service commission

The high court asked the CBI to seal the database room in the school service commission’s office in Salt Lake, where documents related to the appointments under the scanner are stored. Justice Abhijit Gangopadhyay, while passing the order, allowed only a few officials of the commission to access the SSC office and said CRPF personnel would be posted there at least till Friday. “CRPF will continue to protect the SSC office building at least till Friday. The CBI is directed to put a lock on the main door of the database room at the SSC office building in the presence…

20 May

CFA Institute in India expands Student Accessibility

Business Correspondent0 CommentsBusiness, Education, IndiaCFA Institute, India

CFA Institute has opened registrations for their upcoming February 2023 intake. The institute will have 4 new exam centers in Kochi, Chandigarh, Bhubaneshwar, and Guwahati for the CFA Program. These centers will take the total number of test center cities for the CFA exam to 16 across India and over 400 worldwide. The recent CFA Institute Investor Trust survey showed that Indians place a high level of trust in the potential growth in job opportunities in the financial services sector. In the post-pandemic era, students, as well as professionals, are prioritizing safety, accessibility and ease of travel while accomplishing their…

20 May

5G trials: Vi demonstrates a peak download speed of 5.92Gbps

Business Correspondent0 CommentsBusiness, India5G trials, Vi

During the ongoing 5G trials, Vodafone Idea (Vi) and Ericsson announced achieving a technology milestone by demonstrating a peak download speed of 5.92Gbps. Earlier during its 5G trials and use cases showcase in Pune, Vi had demonstrated speeds of over 4 Gbps. The new speed record of 5.92 Gbps has been achieved using the Govt allocated 5G spectrum for the trials. The new speed record by Vi, was achieved on a single test device during its 5G trials in Pune, being conducted on a combination of mid-band and high-band (mmWave) 5G trial spectrum using Ericsson Massive MIMO radios, Ericsson cloud-native…

20 May

Bandhan Bank’s strong business growth during Q4FY22

Business Correspondent0 CommentsBusiness, IndiaBandhan Bank

Financial results of Bandhan Bank have been announced for the final quarter of the financial year 2021-22. Chandra Shekhar Ghosh, MD & CEO, said, “The Bank has yet again proved its resilience with a strong performance in Q4 of FY22. We thank our customers for their continued trust and support, which has made Bandhan Bank a preferred banking partner for millions of Indians.” Bandhan Bank’s total business (deposits and advances) grew 18.6% year on year to reach around Rs.1.96 lakh-crore as on March 31, 2022. The Bank serves 2.63-crore customers through 5,639 banking outlets across 34 of the 36 states…

19 May

1988 road rage case: SC sentences Navjot Singh Sidhu to one-year jail

editor0 Commentsbreaking newsNavjot Singh Sidhu

In a setback to former Punjab Congress chief Navjot Singh Sidhu, the Supreme Court on Thursday sentenced him to one-year in jail in a 1988 road rage case. A bench headed by Justice A.M. Khanwilkar allowed the review petition by the family of victim Gurnam Singh against the top court’s 2018 verdict, which let off Sidhu with a mere Rs 1,000 fine. The top court enhanced the sentence to Sidhu to one year. The top court said, “We have allowed a review application on the issue of sentence…we impose a sentence of imprisonment of one year to be undergone by…

19 May

SSC Scam: Bengal Minister `DISAPPEARS` with daughter after the CBI summon

editor0 CommentsWest Bengal, Education, Political

The CBI has sent an email to Minister Paresh Adhikari asking him to appear by 8 pm on Tuesday as directed by the Calcutta High Court. But the Minister of State for Education did not come to the state. On the contrary, it was once revealed that she had left for Sealdah station in Padak Express with her daughter Ankita and 'disappeared' in the middle of the road. CBI officers on Tuesday named the minister after receiving the High Court's order. They contacted the minister three times but could not reach him as his smartphone was switched off. As a…

19 May

Protests at West Bengal Universities Demanding Online Exams

editor0 CommentsWest Bengal, Education

Demonstrations have been held by means of college students in exceptional universities across West Bengal on Tuesday, annoying on line examinations. At Rabindra Bharati University in Kolkata, the demonstrations grew to become violent as some college students kicked the door of the vice-chancellor’s office and manhandled a non-teaching staff amid a gherao that went on for hours, prompting the authorities to name in the police. The students, who had been demonstrating at the state-run varsity’s BT Road campus, claimed that as the syllabus should now not be executed in on line classes, they must be allowed to write the papers…

19 May

DU professor asks PM Modi for gun license after his Gyanvapi ‘shivling’ comment triggers outrage

editor0 CommentsEducation, PoliticalDELHI

After Delhi University professor Ratan Lal posted a controversial commentary about the 'shivling' that was found at Gyanvapi mosque in Varanasi, social media was once abuzz with outrage and a case has been filed against him. Now, the professor, who teaches history at Hindu College, has written to Prime Minister Narendra Modi asking for a gun license for his safety. He said he received threats online. Amid the Gyanvapi mosque row, it was claimed two days in the past that a 'shivling' had been located in the disputed complex. With a image of the 'shivling', Ratan Lal wrote on Facebook…