NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), has launched a new sectoral index, Nifty Chemicals. The index is designed to track the performance of chemical sector stocks within the Nifty 500. Index Composition The Nifty Chemicals Index consists of the top 20 stocks from the chemical sector, selected based …
The Indian government has taken stringent action against fraudulent health insurance claims under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). As per Union Minister of State for Health, Prataprao Jadhav, authorities have rejected 3.56 lakh fraudulent claims worth ₹643 crore and de-empanelled 1,114 hospitals involved in irregularities. Additionally, 1,504 hospitals have been fined ₹122 …
New Delhi, Mar 12 (PTI) Most IT leaders are confident about their cybersecurity resilience measures, even though a significant number of Indian organisations have experienced cybersecurity failures in the past 12 months, a study has found, showing a disconnect between perception and reality. According to a study by cloud security firm Zscaler, 67 per cent …
Domestic brokerage firm HDFC Securities has settled a case with market regulator SEBI over alleged non-compliance with regulatory norms by paying a settlement amount of ₹65 lakh. The settlement was reached through a regulatory order issued on Tuesday (March 11). Settlement Without Admission of Guilt The order followed an application filed by HDFC Securities with …
To safeguard domestic manufacturers from unfair pricing practices, India has imposed an anti-dumping duty of up to ₹86,116 (US$ 986) per tonne on Trichloro Isocyanuric Acid, a chemical widely used for water treatment. This duty applies to imports from China and Japan and will remain in effect for 5 years, as per a Ministry of …
Leadership Transition at HCL Group Shiv Nadar, the founder of HCL Group, has transferred 47% of his stake in HCL Corporation Private Limited and Vama Sundari Investments (Delhi) Private Limited (Vama Delhi) to his daughter, Roshni Nadar Malhotra. This move makes Malhotra the majority shareholder of both entities and reinforces her control over the group. …
Fleet Operators Driving Growth Electric two-wheelers have seen increased adoption in the e-commerce and logistics sectors. Fleet operators are transitioning to electric vehicles to lower costs and comply with environmental regulations. The need for low-maintenance, cost-effective transport solutions has led to widespread adoption for last-mile deliveries. The demand has created opportunities for manufacturers offering innovative …
India’s telecom sector witnessed a shift in December 2024, as Reliance Jio and Bharti Airtel added mobile subscribers, while Vodafone Idea (VIL) and Bharat Sanchar Nigam Ltd. (BSNL) saw a decline, according to data released by the Telecom Regulatory Authority of India (TRAI). Reliance Jio and Airtel Lead Subscriber Growth The overall wireless subscriber base …
No Smoking Day, observed annually on March 12, serves as a pivotal reminder of the severe health risks and financial burden associated with smoking. According to WHO, 1.3 billion people worldwide smoke, with 80% residing in low- and middle-income countries. Smoking remains a major public health threat, killing over 8 million people annually—more than 7 …
The BSE Sensex closed at 74,102.32 down 12.85 points (-0.02%), while the Nifty 50 ended at 22,497.90, rising 37.60 points (0.17%) Sectoral Performance The stock market saw mixed movements across different indices today. The NIFTY Midcap 50 rose by 1.03%, closing at 13,849.75, indicating strong interest in mid-sized companies. The NIFTY Realty index surged 3.58% to 828.30, reflecting positive …
