SISA, a forensics-driven cybersecurity company, was awarded with the “Best Cybersecurity Company” title at the Financial Express FUTech Award ceremony. Dharshan Shanthamurthy, founder and CEO at SISA, expressed his gratitude, attributing the win to the diligent efforts of the SISA team, who are dedicated to ensuring the security and safety of organizations worldwide. He also
Billionaire Gautam Adani‘s group on Saturday clarified on reports of Kenya cancelling more than USD 2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya’s main airport. On the pact it had signed last month to build and operate key electricity transmission lines
India and Association of Southeast Asian Nations (Asean) are inching towards initiating discussions on having a relook at tariffs or import duties on merchandise traded under the Asean-India Trade in Goods Agreement (AITIGA), a key part of the review of the pact. At the 6th joint committee meeting on the review of AITIGA that concluded
The department of chemicals and petrochemicals (DCPC) on Friday launched a technology collaboration portal (TCL) that will feature the cutting-edge technologies developed by research institutions. This portal, featuring over 1,000 industries and 40 institutions, will give access to companies to innovations of the research institutes and enable them to ask for tailor-made tech from the
HDFC Capital-backed co-living operator Housr is in advanced discussions to raise $20–40 million, according to co-founder and CEO Deepak Anand. “We are engaging with two large funds, and the deal should close in the next 2-3 months,” Anand said, without disclosing the names of the investors. The Gurugram-based company currently operates 70 properties and claims
In the latest on the US indictment of the top executives of Adani Group including Gautam Adani, the spotlight is on Sagar Adani. According to the Reuters report, the court filings indicate that Sagar Adani, the millennial scion of the company, kept track of the millions of dollars of alleged bribes to Indian officials on
Engineering exports in October saw an increase of $ 3.1 billion on year in value terms to $ 11.2 billion and more than half of it is accounted for by exports by the shipping and aircraft products, according to the commerce ministry data. Exports under the head of ships, boats and floating products and parts
The finances of the state-owned Solar Energy Corporation of India (SECI) has seen a steady and rapid improvement in recent years, with it playing a crucial catalytic role in India’s massive renewable energy drive. Though SECI’s name figured in the US’s department of justice’s indictment of Adani group executives unsealed lately, no specific charge of
The Indian stock market struggled to find direction on Wednesday, closing the day on a flat note amid persistent selling pressure in technology stocks. By the end of the session, the Sensex settled at 74,029.76, down 0.10%, while the Nifty closed at 22,470.50, slipping 0.12%. The midcap and smallcap indices slipped 0.5%, while some sectors
As the markets navigate through macroeconomic shifts and sectoral dynamics, the brokerage firm Jefferies has reaffirmed its bullish stance on select stocks. Among the key picks at this hour, HDFC Bank, Voltas, Samvardhana Motherson stand out, with the brokerage maintaining a ‘Buy’ rating on both – Voltas and HDFC Bank and Samvardhana Motherson is their
HDFC Securities analysts met JK Lashmi Cement’s management and iterated their Buy rating and target price. The brokerage believes that the company will see a compounded annual growth rate of 9% over the next two years as the cement major tightens its seat belt for expansion in the north. Also, a new brand to raise
Mutual fund net inflows tumbled about 79% in February, dragged lower by sustained sell-offs in the domestic equity market. With key indices Nifty and Sensex sliding about 5% during the month, equity mutual fund inflows saw a significant 26% decline to Rs 29,303 crore in February, against Rs 39,688 crore in the previous month. In
The wait for a hike in the dearness allowance (DA) of central employees and dearness relief (DR) of pensioners will end soon. This week, the Union Cabinet may take a final decision on this. If approved, the new DA will come into effect retrospectively from January 2025, which means the employees will get an increase
