Karnataka's about to hit up Zomato, Uber, and Swiggy payments with a new cess to support gig workers. Announced by Labour Minister Santosh Lad, this move aims to fund health insurance and education for these essential workers, with a bill set to drop in December.
Tech Mahindra just dropped some impressive numbers for Q2, with net profit soaring 46.8% to ₹1250 crore and revenue up 2.4% to ₹13,313 crore. They scored big with deal wins hitting $603 million and are all about building solid client relationships and nailing operational excellence as they gear up for their FY27 goals.
A Vistara flight from Delhi to London was diverted to Frankfurt after a bomb threat showed up on social media. The plane landed safely and is now undergoing security checks. This comes amid a wave of similar threats hitting various flights, leading the Civil Aviation Ministry to think about tougher rules against these hoaxes.
Great news for JM Financial Products. The Reserve Bank of India (RBI) has finally lifted the restrictions that were holding them back. This decision is a big relief for the company and its clients, opening up new opportunities in the financial market.
The UDF in Kerala is revving up its campaign for Priyanka Gandhi Vadra ahead of the Wayanad bye-elections on November 13. They’re hitting the ground running with constituency events and home visits, hoping to rally the support that previously went to Rahul Gandhi.
Hyundai Motor India's IPO has netted a staggering ₹493 crore in fees for investment bankers, marking it as the biggest in India’s history. Initially, it was a bit muted, but institutional investors jumped in, pushing the final subscription to 2.37x. So far this year, bankers have pulled in ₹2,100 crore from IPOs, a massive leap from last year’s earnings.
Geojit Financial Services Ltd is celebrating a huge 53% jump in its profit after tax (PAT) for Q2 of FY25, reaching ₹57.42 crore, up from ₹37.48 crore in Q2 of FY24. Their consolidated revenue has also taken a big leap, showing solid growth across key financial metrics.
A woman guard at AIIMS Delhi has accused the chief security officer of sexual harassment, sparking an internal investigation by the hospital management. The guard says the officer made inappropriate advances during a chat about her duty roster, leading her to file a formal complaint. A report from the inquiry is expected in about a week.
Rajasthan police jumped into action to save 18-year-old Sahil, who shared a concerning photo of a ceiling fan online. Their quick response averted a possible tragedy, highlighting the need to monitor social media for signs of distress.
Trader Sourav Dutta stirred up some controversy by suggesting that investing Rs 20,000 a month in a Nifty ETF SIP is a better move than using that cash for a car EMI. His tweet went viral, racking up over 1.3 million likes, but it also faced a lot of criticism as people debated the balance between being financially savvy and meeting practical needs.