Sep 14, 2023

Nipah scare in Kerala: Schools, colleges shut in Kozhikode till Sept 17

Kerala has extended holidays for schools and colleges in Kozhikode till September 17

So far, Nipah virus has killed two people and infected three others in Kozhikode

A five-member central team has reached Kozhikode to take stock of the situation

Global Markets
Sep 14, 2023

SoftBank's Arm valued at nearly $60 bn in stellar Nasdaq debut

SoftBank's Arm Holdings was valued at nearly $60 billion in a strong Nasdaq debut on Thursday

Arm had secured a valuation of $54.5 bn on Wednesday after pricing its IPO at the top end of the marketed range

Arm fetched $4.87 billion for SoftBank, which still holds a 90.6% stake

Sep 14, 2023

RBI says 15 large NBFCs to comply with enhanced regulatory requirements in FY24

RBI on Thursday announced the list of NBFCs in the Upper Layer under Scale Based Regulation for NBFCs for FY24

The framework categorises NBFCs in Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL)

Once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement for at least 5 yrs

Sep 14, 2023

NASA releases new study report on UFOs, shares findings: 'Origin of numerous UAP...'

The US space agency NASA on Thursday released a new study report on unidentified flying objects (UFOs)

NASA said lack of limited number of high-quality observations made it impossible to draw any conclusion

Many witnesses, often military aviators, have reported seeing objects they did not recognise over US airspace

Box Office
Sep 14, 2023

SRK beats SRK! 'Jawan' tops big box office record of 'Pathaan', sees 2 cr footfalls in 8 days in India

'Jawan' saw the biggest first week at box office for any Hindi movie so far and is tipped to earn over Rs 1,000 crore at global box office

On Thursday, Red Chillies Entertainment said on X that the movie earned over Rs 660 crore in Gross Box-office Collection worldwide so far

'Jawan' and 'Pathaan' are the only two films to top Rs 300 crore net collection in the first week in Hindi

G20 Summit
Sep 14, 2023

'New Delhi Declaration' at G20 Summit made G7, BRICS look like sideshows: Economist Jim O’Neill

PM Modi now looks more like a 'visionary statesman' than Chinese prez Xi, says British economist Jim O'Neill

The New Delhi Leaders' Declaration has offered further confirmation that the G20 is the only body with the scope and legitimacy to offer truly global solutions, says O'Neill

Two-day G20 Summit happened in New Delhi on Sept 9, 10

Start Up Today
Sep 14, 2023

Manipal Group launches medical learning and test prep app MedAce with live tutoring feature

Offers micro learning modules, live tutoring sessions, online dissection lab, 3D interactive learning, and gamified assessments

Provides PG aspirants with personalised solutions for NEET PG/NExT/INICET/FMGE preparation

Platform is developed in accordance with NExT or National Exit Exam guidelines and adheres to CBME (Competency-Based Medical Education) curriculum

Sep 14, 2023

Lodha, RMI host Sustainability Conclave; present strategies for sector-level sustainability

Lodha, RMI organised a 2-day Sustainability Conclave for the net-zero road map for India’s built environment

The conclave focused on the adoption of strategies that make cities heat resilient, advanced adoption of superefficient air conditioning and fans in India, etc

Lodha committed to becoming a net-zero carbon company by 2035

Sep 14, 2023

Increased participation of new players, evolving regulatory framework to significantly boost Indian spacetech industry: Deloitte

Continued expansion of the new space economy and enabling frameworks will propel India towards scaling up its global space economy to 9 per cent from the current 3 per cent by 2030

Space-as-a-service could potentially transform sectors such as telecommunications, agriculture, health, education, infrastructure, navigation, and strategic defence

Review of global spacetech initiatives and the extension of the PLI scheme to help in making the Indian space sector globally competitive

Sep 14, 2023

Artha Group launches new syndicate fund for family offices and UHNIs, to finalise its first investment in current quarter

The VC firm currently manages assets worth Rs 1000 crore.

The new fund will target bridge funding for growth-stage startups.

New fund to invest in 8-10 companies annually, with each investment at least Rs 10 crore.

Mutual Funds
Sep 14, 2023

HDFC Mutual Fund launches HDFC Pharma and Healthcare Fund; here’s all you need to know

An open-ended equity scheme investing in Pharma and Healthcare companies

NFO Period: September 14, 2023 to September 28, 2023

HDFC Mutual Fund sees a big opportunity for Indian pharma companies

Sep 14, 2023

At 3.1%, Delhi records lowest retail inflation in all Indian states/UTs in August

Delhi recorded the lowest inflation in all states and Union Territories (UTs) in August at 3.09%

The highest inflation was posted by Rajasthan at 8.60 per cent followed by Telangana and Haryana

Assam and West Bengal were the other two states with lowest inflation in Aug at 4.01% and 4.79%, respectively

Sep 14, 2023

No upper age limit for Miss Universe contestants from 2024, organisation announces historic decision

Previously the pageant had an upper age limit of 28.

Current Miss Universe announced the decision at New York Fashion Week.

Miss Universe Organisation has seen multiple policy changes under its new owner.

Sep 14, 2023

'Hardest thing I've ever had to write': Laid off Google employee seeks help, says she is 'sole provider' to her family

One of the employees impacted by Google layoffs on Wednesday has sought help on social media

The former HR employee has reached out to people through her social media for any opportunities

Alphabet is the first "Big Tech" company to lay off employees this quarter

Market Commentary
Sep 14, 2023

Sensex, Nifty settle at record highs; DCW & Kalyani Steel jump 15%

Indian stock markets settled with mild gains on Thursday.

Nifty50 ended above 20,100, Sensex topped 67,500-mark.

Broader markets outperformed; rose over a per cent each.

Sep 14, 2023

'INDIA wants to destroy Sanatan Dharma': PM Modi slams Opposition over comments by Udhayanidhi Stalin

PM Modi attacked the INDIA alliance over comments on 'Sanatan Dharma' by DMK's Udhayanidhi Stalin

Udhayanidhi recently sparked a controversy after he compared 'Sanatan Dharma' with dengue and malaria

While Congress has backed Udhayanidhi, Mamata Banerjee and Raghav Chadha have opposed Stalin's remarks

Sep 14, 2023

UPSC Mains start on September 15, check out the guidelines and all that is allowed

The Mains examination will begin on September 15.

UPSC released the admit card for this round on August 29.

Only the candidates who clear the Mains exam will be allowed to appear in the next round.

Sep 14, 2023

Odisha EOW to question ‘Dulhe Raja’ actor Govinda in Rs 1,000 crore online ponzi scam case: Report  

Odisha EOW will question Bollywood actor Govinda in connection with a Rs 1,000 crore online ponzi scam case

The company in question took lakhs from investors in various states of the country

The EOW has arrested the company’s country and Odisha heads Gurtej Singh Sidhu and Nirod Das respectively on August 7 

Sep 14, 2023

Coca-Cola unveils futuristic AI-crafted flavour Coca-Cola Y3000; know all about it

Coca-Cola Y3000 is a limited edition mystery flavour

The company brought human intelligence and AI together

Coca-Cola Y3000 Zero Sugar will be available for a limited time in select regions, including the United States, Canada, China, Europe, and Africa

IPO Corner
Sep 14, 2023

Zaggle Prepaid Ocean Services IPO subscribed 10% on Day 1; retail portion partially booked

Zaggle Prepaid Ocean Services to open between Sept 14-18.

Price Band fixed at Rs 156-164 apiece, lot size of 90 shares.

Issue size likely to be over Rs 563 crore, listing at BSE & NSE.

Box Office
Sep 14, 2023

'Jawan' vs 'Gadar 2' vs 'Jailer': Shah Rukh Khan beats Rajinikanth, Sunny Deol at box office this summer

It's truly the year of superstar Shah Rukh Khan who is smashing all box office records, one movie at a time

After kicking off the year with the blockbuster Pathaan, Shah Rukh Khan returned on screen with his latest action thriller Jawan

The Atlee-directorial crossed the Rs 650 crore-mark at the worldwide box office just within seven days of its release

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