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22 Jan

NSE secures 5th consecutive year as world’s largest derivative exchange

Business BureauBusiness

The National Stock Exchange of India (NSE) Group has reaffirmed its global dominance in the derivatives market, securing the top spot for the fifth consecutive year in 2023, as announced by the Futures Industry Association (FIA). In addition to this, NSE has clinched the 3rd position globally in the equity segment, according to statistics provided by the World Federation of Exchanges (WFE). The accolades come amid a year of remarkable milestones for the Indian stock market, with the market capitalization of listed companies surpassing USD 4 trillion. Notably, SME listed companies surpassed the Rs 1,00,000 crore mark, and the Nifty…

22 Jan

Amazon stops selling prasad of Ayodhya Ram Mandir

Priyanka BhowmickBusiness, IndiaBusiness, India

Amazon on Saturday said it has removed sweets sold as "Shri Ram Mandir Ayodhya Prasad", a day after receiving a notice from the Central Consumer Protection Authority (CCPA) for selling misleading products. Amazon acknowledged it had received a communication from the CCPA about misleading product claims by certain sellers and said it was "investigating them for violations." "In the interim, we are taking appropriate action against such listings by our policies," an Amazon spokesperson said in a statement. CCPA has issued a notice to Amazon for selling sweets called 'Shri Ram Mandir Ayodhya Prasad'. The action was initiated by the…

20 Jan

Gifts from several Countries reach Ayodhya in commemoration of Lord Ram

Business BureauBusiness

With the inauguration of Ayodhya’s Ram Mandir few days away, gifts from across the world have started reaching the holy city. Along with this, other countries are also adopting measures so that their Hindu diaspora can celebrate this inauguration, making the 22nd of January event not just an Indian celebration but rather a global one. Over 3,000 gifts, including silver shoes, ornaments, and clothing, destined for Lord Ram from Sita's birthplace in Nepal, have been successfully delivered to Ayodhya. The gifts were transported in a convoy of 30 vehicles from the Janakpur Dham Ramjanaki Temple to Ayodhya. Additionally, a delegation…

20 Jan

Visit Dr. K. P. Kosygan, a renowned orthopaedic surgeon, for consultation

Business BureauBusiness

Dr. K. P. Kosygan is an Msc, Mch (Ortho), FRCS (Tr&ortho), CCT (UK), and a renowned orthopaedic surgeon at Apollo Hospital in Chennai. Specializing in knee and hip joint pain, joint replacement, robotic knee and hip replacement, trauma, arthroscopic ligament reconstruction surgery, and foot and ankle deformity. Patients are requested to register with their names and documents at Apollo Hospitals on Sunday, January 21st, from 9.00 a.m. onward at the Apollo Hospitals (Chennai) Regional Office, Diamond Prestige Building, 4th Floor, Nonapukur Bus Stop, or call +91 80173 63636 or +9162922 33636, or please visit www.apollohospitals.com.

20 Jan

CDSL breaks barriers, launches multi-lingual initiatives to transform investor experience

Business BureauBusiness

Central Depository Services (India) Limited (CDSL) hit a high note in its silver jubilee celebrations with the launch of innovative initiatives, turning the page on conventional investor experiences. SEBI Chairperson Smt. Madhabi Puri Buch unveiled these groundbreaking endeavors during the silver jubilee function on January 17, 2024. In a harmonious move towards inclusivity, 'Apka CAS – Apki Zubaani' now allows investors to receive statements in 23 Indian languages, providing a personalized touch to financial transactions. Complementing this, the 'CDSL Buddy Sahayta 24*7' chatbot, available in multiple languages, serenades investors with round-the-clock assistance. CDSL's commitment to financial literacy crescendoed with the…

20 Jan

The Retina Centre registered under the Meghalaya Health Assurance Scheme

Business BureauBusiness

Meghalaya, recognized as one of India's most literate states, is addressing geographical barriers to advanced eye care. Starting January 2024, residents in Shillong can access state-of-the-art eye treatment facilities closer to home, thanks to the integration of private healthcare providers into health insurance schemes by the Meghalaya government. The Retina Centre, a leading super-advanced eye hospital in Guwahati, Assam, has been enlisted under the Meghalaya Health Assurance Scheme. This development brings newfound hope for individuals requiring critical eye treatments, allowing them to benefit from advanced diagnostic facilities without incurring additional expenses. Dr. S.U. Ahmed, Senior Consultant & Founder of The…

20 Jan

Elon Musk’s Starlink likely to get approval in India : Report

Priyanka BhowmickBusinessBusiness, India

Elon Musk's Starlink will soon offer space-based broadband services in India, as the company is likely to get approval from the Indian government 'in the next few days' as early as next week, reports have revealed. The Department for Promotion of Industry and Internal Trade (DPIIT) sought a clarification from Starlink on the shareholding pattern, which was subsequently provided, paving the way for the government's approval, the report added. "Starlink has responded, and within the next few days or by the end of this month, the Department of Telecommunications (DoT) may issue a Letter of Intent (LoI)," ET Telecom quoted…

19 Jan

Ram Temple Consecration: NSE Says No Trading On January 22 As Maharashtra Govt Declares Public Holiday

Business CorrespondentBusiness

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be functioning on January 20 (Saturday) as trading will remain closed on account Ram Mandir's 'Pran Pratishtha' ceremony day on January 22. The Maharashtra government declared Jan 22 a holiday in connection with the consecration ceremony of the Ram Mandir in Ayodhya, an official said on Friday. In a circular released by the NSE, mentioned that the currency derivative segment will remain closed on January 22. “In partial modification to Exchange circular reference no. 59917 dated December 26, 2023, the Exchange hereby notifies Monday, January 22, 2024 as a…

19 Jan

PVR Inox cinemas to screen Ayodhya Ram Temple inauguration live on January 22

Business CorrespondentEntertainment, Business

The consecration ceremony of the Ram Mandir in Ayodhya on January 22 will be one of the most significant events in India after independence. The event has gathered support from different sections of society and people are eagerly awaiting for the day. Legends from different fields like political, bollywood, sports, businessmen will be gracing the event with their presence. As per the sources many other cinema halls will be screening Ramanand Sagar's epic TV show 'Ramayan' on January 22. And PVR Inox cinemas collaborated with Aaj Tak to do screening of Ayodhya Ram Temple inauguration ceremony from 11 am to…

19 Jan

Old Bridge Mutual Fund launches its first NFO

Business CorrespondentBusiness

Old Bridge Mutual Fund sponsored by Old Bridge Capital Management Private Limited, makes its foray in the dynamic Indian mutual fund industry with the introduction of its maiden equity New Fund Offer (NFO) - 'Old Bridge Focused Equity Fund,' (An Open-ended Equity Scheme investing in maximum 30 stocks (Multi Cap). This open-ended equity scheme aims to provide investors with a unique opportunity to participate in the growth potential of carefully selected companies. The NFO is open for subscription from January 17, 2024, to January 19, 2024. Investors can participate with a minimum SIP investment of Rs. 2,500 and in multiples…