Correspondent

American version of ‘we have changed strategy, not ideology’: Indian American lawmakers devise a new way to lecture India by saying that India should not be lectured

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Lecturing India about imaginary ‘human rights’ and ‘communalism’ and dangers to democracy has been the favorite political habit of politicians, media, and the elite in Western nations. Unsurprisingly, some politicians of Indian origin pretend they are better at lecturing India than their white compatriots. In a recent manifestation of this phenomenon, Indian American lawmakers Ro … Read more

Adani Group takes over operations of Jaipur International Airport in Rajasthan, to take over Thiruvananthapuram airport tomorrow

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On October 11, the Airports Authority of India (AAI) handed over the responsibilities of the Jaipur International Airport to Adani Group. The group will manage the Airport for 50 years. JS Balhara, Airport Director, handed over the Airport’s symbolic key to Vishnu Jha, Chief Airport Officer Adani Jaipur International Ltd. Balhara said that the company would handle … Read more

Tata Group Companies led by Tata Motors register an impressive rally on the stock market, share prices rise by up to 20%

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Shares of Tata Group Companies rallied on Wednesday with Tata Motors, Tata Motors DVR, Tata Power, Tata Chemicals and Tata Investment Corporation among companies that saw their share prices rise in the range of 10 to 20 per cent. Titan, Tata Steel and Tinplate were also among the stocks that contributed to the ongoing rally. The surge … Read more

Beauty and fashion unicorn Nykaa subscribed a staggering 82.42 times on final day: Details

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The initial public offering(IPO) of India’s largest omni-channel destination for beauty and personal care, Nykaa, owned by FSN E-Commerce Ventures Ltd, was subscribed 82.42 times on Monday, which was the final day of the bidding of the issue that opened on October 28. The Rs 5,300-crore initial public offering(IPO) of Nykaa received bids for 216.59 crore equity … Read more

‘No transparency in Axis deal’: Former Spandana Sphoorty MD Padmaja Reddy drops bombshells. Read full text of the tell-all letter

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A week after submitting her resignation, Padmaja Reddy, founder and former managing director of Spandana Sphoorty Financial, has penned a letter revealing murky details of her tussle with private equity investor Kedaara Capital over a proposal to sell the company to Axis Bank. Reddy has alleged that there was no transparency whatsoever in how the Axis … Read more

PhonePe launches UPI services in Sri Lanka in collaboration with LankaPay, Indians can pay using UPI at LankaQR merchant points

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India’s fintech company PhonePe Unified Payments Interface (UPI) has been launched in Sri Lanka. Central Bank of Sri Lanka Governor Nandalal Weerasinghe and India’s High Commissioner to Sri Lanka Santosh Jha attended the launch event in Sri Lanka. In a post on X, the Indian High Commission in Sri Lanka stated, “Unlocking new frontiers in … Read more

‘Third aircraft carrier soon, will make more’, says Defence Minister Rajnath Singh. Read why carriers are critical for Indian Navy in current global scenario

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The work on India’s third aircraft carrier, one of the long-cherished dreams of the Indian Navy, will start soon, as recently revealed by Defence Minister Rajnath Singh. Speaking with The Tribune, Defence Minister Singh said that India will soon start making its third aircraft carrier and emphasised that India will not stop at three aircraft carriers. He … Read more

Glass ceiling broken: Woman-led fashion unicorn Nykaa makes a robust debut at share market, market cap crosses Rs 1 lakh crore

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Personal and Body care brand Nykaa made an outstanding debut on the Indian stock exchanges on Wednesday, with shares listing at a premium of up to 79 percent compared with the issue price. On Bombay Stock Exchange, the stock of FSN E-Commerce Ventures — the parent organisation of Nykaa — was listed on the secondary market at … Read more

The virtual world of cryptocurrency and the challenges it poses for Indian govt

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PM Modi on Saturday chaired a meeting on the path ahead for managing the cryptocurrency sector where a consensus was reached on the Centre needing to take “progressive and forward-looking” steps while ensuring that an unregulated crypto market does not lead to “money laundering and terror financing”. The government will keep a close watch on … Read more

PayTM shares crash after listing on a discount in India’s biggest ever public offering

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Shares in online payment platform giant PayTM fell as much as 26 % in their market debut, minutes after debuting on the stock market as India’s biggest ever Initial Public Offering (IPO). The shares opened for trading at ₹ 1,950 on the National Stock Exchange (NSE), at a decline of 9.3 per cent or ₹ 200 from its issue … Read more