Read more about the article SEBI Cancels Trafiksol ITS Tech IPO, Orders Refund to Investors
Business

SEBI Cancels Trafiksol ITS Tech IPO, Orders Refund to Investors

The Securities and Exchange Board of India (SEBI) has canceled Trafiksol ITS Technologies' BSE-SME IPO and ordered the company to refund ₹44.87 crore to investors. This decision follows concerns about the company's financial dealings and an investigation that revealed the vendor involved was a 'shell entity.' SEBI has given the company one week to complete the refund process, with BSE overseeing it.

By Vishal Kumar
December 3, 2024
Read more about the article ICRA Projects ₹2,000-3,000 Crore Loss for Indian Airlines Amid Weak Rupee
Business

ICRA Projects ₹2,000-3,000 Crore Loss for Indian Airlines Amid Weak Rupee

Domestic airlines are expected to report a net loss of ₹2,000-3,000 crore in FY2025 and FY2026 due to a weak rupee and higher costs from grounded aircraft. However, the losses should be lower than in previous years, thanks to stronger pricing, healthy traffic growth, and cost reductions. Domestic air traffic is expected to grow by 7-10%, while international traffic is projected to rise by 15-20%.

By Avi G
December 3, 2024
Read more about the article Why Did Congress Finally Blink on the Adani Protest Stalemate?
Business / Entertainment / Politics

Why Did Congress Finally Blink on the Adani Protest Stalemate?

Congress faced pressure from both inside and outside the party, forcing a change in its stance on the Adani issue during the winter session of Parliament. Protests over the Adani controversy stalled proceedings for six days, but Congress eventually allowed Parliament to function after criticism from opposition allies and its own MPs. The party realized that focusing only on the Adani issue wasn’t getting results, prompting them to change their approach.

By Avi G
December 3, 2024
Read more about the article Court Commissioner Threatened for Exposing Anti-Pollution Violations in Delhi
Politics / Science

Court Commissioner Threatened for Exposing Anti-Pollution Violations in Delhi

A court commissioner overseeing anti-pollution efforts in Delhi-NCR has claimed he was threatened while taking photos of illegal construction at the home of a senior BHEL official. The commissioner flagged several violations, including stubble burning, waste burning, construction activities, and dust emissions. Other commissioners also pointed out road traffic and biomass burning as major pollution contributors in the area.

By Vishal Kumar
December 3, 2024
Read more about the article Hindu Minorities Under Attack: Iskcon Centres Targeted in Bangladesh
Politics / Religion

Hindu Minorities Under Attack: Iskcon Centres Targeted in Bangladesh

Reports have emerged about attacks on Iskcon centers and the arrest of Brahmacharis in Bangladesh. These events are raising alarms about the safety of Hindu minorities, with leaders around the world speaking out. There are also concerns about mob violence and the lack of proper legal representation for those arrested, which is increasing tensions in the region.

By Avi G
December 3, 2024
Read more about the article TCS Partners with Bank of Bhutan to Transform Digital Banking Landscape
Business / Science / Technology

TCS Partners with Bank of Bhutan to Transform Digital Banking Landscape

Tata Consultancy Services (TCS) has partnered with Bank of Bhutan to upgrade its digital banking system. The TCS BaNCS Global Banking Platform will improve operations, boost customer experience, and expand digital capabilities. This upgrade will support Bhutan's push for digital progress and new financial products, while also helping TCS grow its global presence in digital banking.

By Avi G
December 3, 2024
Read more about the article Mehbooba Mufti’s ‘No Difference Between India and Bangladesh’ Comment Triggers Controversy
Business / Entertainment / Politics

Mehbooba Mufti’s ‘No Difference Between India and Bangladesh’ Comment Triggers Controversy

Mehbooba Mufti, former Jammu & Kashmir CM, stirred controversy by saying there is "no difference" between how minorities are treated in India and Bangladesh. Her statement was sharply criticized by BJP leaders, who called it anti-national. Mufti also criticized the Modi government on issues like unemployment, election integrity, and religious tensions in India.

By Avi G
December 3, 2024
Read more about the article Pricol to Acquire Sundaram Auto Components’ ₹215 Crore Injection Moulding Business
Business / Technology

Pricol to Acquire Sundaram Auto Components’ ₹215 Crore Injection Moulding Business

Coimbatore-based Pricol is set to acquire Sundaram Auto Components' (SACL) injection moulding business for ₹215 crore. This all-cash deal, made through Pricol's subsidiary, Pricol Precision Products, is expected to boost Pricol's revenue by ₹730 crore. SACL, a subsidiary of TVS Motor, operates six manufacturing facilities and reported ₹727 crore in revenue for FY24. Additionally, Pricol plans to acquire a 26% stake in PQSI Digital Private Ltd for ₹10 crore.

By Vishal Kumar
December 3, 2024
Read more about the article Karnataka to Offer Attendance Concessions and Grace Marks to Student Athletes
Politics / Sports

Karnataka to Offer Attendance Concessions and Grace Marks to Student Athletes

Karnataka Chief Minister Siddaramaiah announced that the state will offer student athletes 25% attendance concession and 10 grace marks in schools and colleges. This move aims to reduce academic stress and boost participation in sports. He also highlighted the funding for medalists and the state's ongoing support for sports at the Karnataka Olympic Association awards ceremony.

By Avi G
December 3, 2024
Read more about the article Late-Night Walk Ended in Tragedy: Dog Dies After Being Hit by Speeding Car in Maharashtra
News

Late-Night Walk Ended in Tragedy: Dog Dies After Being Hit by Speeding Car in Maharashtra

A speeding car hit a couple walking their dog in Vasai, Maharashtra, killing their pet. The incident, captured on CCTV, happened on November 25. The couple was injured, and the driver, Santosh Shinde, took them to a hospital. Their dog, Raja, died from his injuries three days later. An FIR has been filed, and the driver faces charges of rash driving and endangerment.

By Avi G
December 2, 2024

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