BSE and NSE to Conduct Special Live Trading Sessions on Saturday 2 March 2024

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will conduct two special live trading sessions on Saturday, March 2. This decision comes as the market regulator SEBI emphasizes the importance of market intermediaries being prepared for unexpected disasters and ensuring a smooth switch to a business continuity plan at disaster recovery sites. … Read more

Tech Mahindra Acquires Orchid Cybertech Services for $3.27 Million

Tech Mahindra has announced the acquisition of Orchid Cybertech Services (OCSI) for $3.27 million through a wholly-owned subsidiary. This move is aimed at strengthening Tech Mahindra’s relationship with TPG Telecom (TPG) and expanding its customer experience capabilities and business in the Philippines. The acquisition involves integrating OCSI, along with its assets and employees, into Tech … Read more

Lok Sabha Election 2024 – Dates Expected to be Revealed Post March 9, 24

The Election Commission of India (ECI) is reportedly planning to unveil the dates for the upcoming Lok Sabha elections after March 9, as per sources cited by News18. The ECI officials are currently conducting final checks in various states, and it is anticipated that the election schedule for 2024 could resemble that of 2019. In … Read more

PM Modi Stresses on Inclusive and Corruption-Free Governments at World Governments Summit

Prime Minister Narendra Modi, during his two-day visit to the United Arab Emirates (UAE), addressed the World Governments Summit in Dubai on February 14. He emphasized the need for governments worldwide to be inclusive and free from corruption, stating that his mantra has always been ‘minimum government, maximum governance’. PM Modi highlighted the increase in … Read more

National Stock Exchange (NSE) to Conduct Special Trading Session on March 2 for Disaster Recovery Testing

The National Stock Exchange (NSE) announced that it will hold a special trading session on March 2 to test its disaster recovery switch. This session will include both equity and equity derivatives segments. The purpose of this session is to enhance the exchange’s resilience in case of unforeseen incidents that could affect its operations. The … Read more

India Set to Extend Qatar LNG Imports in $78 Billion Deal

India is poised to sign a significant $78 billion deal to extend its liquefied natural gas (LNG) imports from Qatar until 2048, at rates lower than the current prices, according to sources familiar with the matter. The deal, to be inked by Petronet LNG Ltd, India’s largest LNG importer, and QatarEnergy, aims to extend the … Read more

Bharti Airtel’s Q3FY24 Report: Consolidated Net Profit Surges 54% to Rs 2,442 Cr

In the third quarter of the fiscal year 2023-24, Bharti Airtel Ltd disclosed a remarkable 54% increase in consolidated net profit, reaching Rs 2,442 crore compared to Rs 1,588 crore in the corresponding period of the previous year. The company’s consolidated revenue witnessed a 6% rise, reaching Rs 37,900 crore in Q3FY24, although it faced … Read more