NEW DELHI: Foreign investors made a strong comeback and infused Rs 24,453 crore in the Indian equity markets in the first week of the December, according to data from the National Securities Depository Limited (NSDL). The single largest investment came on December 6, with FPIs investing Rs 9,489 crores.The FPIs investment in the December represents…
NEW DELHI: Fintech firm and owner of Paytm brand One97 Communications‘ Singapore-based arm has approved the sale of its Stock Acquisition Rights in Japan’s PayPay to Softbank Vision Fund 2 for Rs 2,364 crore, the company said in a regulatory filing on Saturday. Paytm and Paytm Singapore had signed an agreement with the Japanese digital…
BENGALURU: The Karnataka cabinet on Friday decided to spend Rs 2,500 crore to upgrade the government higher education institutions, for which it will borrow Rs 1,750 crore. The government has decided to implement a scheme for strengthening government higher education institutions with external funding of Rs 2,500 crore, Karnataka Law and Parliamentary Affairs Minister H…
NEW DELHI, The Union Cabinet approved on Friday the opening of 85 new Kendriya Vidyalayas and 28 new Navodaya Vidyalayas, Union Minister Ashwini Vaishnaw said. It also gave its nod to expanding one Kendriya Vidyalaya. The opening of these new Kendriya Vidyalayas will provide an opportunity for over 82,000 students to receive affordable and high-quality…
Infosys founder NR Narayana Murthy bought a second flat in the upscale Kingfisher Towers in Bengaluru. The luxurious flat, valued at Rs 50 crore, has established a new benchmark for residential property prices in the area, sources told TOI. The expansive residence, situated on the sixteenth floor, spans approximately 8,400 sft. It features four bedrooms…
NEW DELHI: Punjab and Haryana govts have, so far, this year imposed a cumulative penalty of over Rs 2.1 crore and Rs 21 lakh, respectively, on farmers for stubble burning and collected more than 50% of these amounts from violators.Sharing the data in Rajya Sabha on Thursday, the environment ministry in response to a Parliament…
NEW DELHI: In a first for the road sector, NHAI on Thursday said it will issue Rs 1,000 crore green bonds in second week of Dec to raise funds to implement environment-friendly steps on Delhi-Mumbai Expressway (DME) project.“This fund will be used for activities such as expenditure on avenue plantation, median plantation, construction of animal…
MUMBAI: The current year has been a blockbuster for initial public offerings.A total of 298 companies have listed on the stock exchanges, raising a combined Rs 1.4 lakh crore — a 139% increase over the Rs 58,827 crore raised in 2023. The previous best was in FY22 when a total of Rs 1.3 lakh crore…
NEW DELHI: Thirty-one states and UTs have mopped up around Rs 12,632 crore in fines for traffic rule violations between 2019 and 2024, the road transport ministry told Lok Sabha on Thursday. It also informed that during these five years, 18.2 crore e-challans were issued for violations.UP topped the list in collection of fines (Rs…
Former India fast bowler Ashish Nehra has said that even an auction purse of Rs 520 crore won’t be enough for the teams to buy him. Notably, Bumrah recently put up another match-winning performance for India as he guided them to a 295-run win over Australia in the first Test of the five-match series in…