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Rupee depreciates 40 paise to all-time low of 81.93 against US dollar

Rupee depreciates 40 paise to all-time low of 81.93 against US dollar

The rupee depreciated 40 paise to an all-time low of 81.93 against the US dollar in early trade on Wednesday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

Moreover, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said.

Adani Group to invest $100 bn in a decade, focus on energy transition

Adani Group to invest $100 bn in a decade, focus on energy transition

The Adani Group will invest more $100 billion in the next decade with a substantial amount going for energy transition, said group chairman Gautam Adani on Tuesday, announcing "game-changing" plans that the billionaire claimed could make India a net-energy exporter.

The group has earmarked 70 per cent of its new investments for energy transition space and infrastructure.

NIA raids multiple PFI locations in UP's Meerut, Bulandshahr

NIA raids multiple PFI locations in UP's Meerut, Bulandshahr

Raids against the Popular Front of India members continued on Tuesday as the National Investigation Agency raided the premises of PFI members at several locations in western Uttar Pradesh. These locations include the cities of Meerut and Bulandshahr.

An undisclosed number of people have been detained in connection with the raids.

Ankita Bhandari murder case: Congress hits out at BJP, PM Modi over silence on Uttarakhand killing

Ankita Bhandari murder case: Congress hits out at BJP, PM Modi over silence on Uttarakhand killing

After the Bhartiya Janta Party (BJP) expelled Vinod Arya from the party as his son was arrested in a murder case, the Congress party hit out at the ruling party and Prime Minister Narendra Modi for their silence on the killing of Ankita Bhandari.

While slamming the prime minister, Congress said that the silence of PM Modi and all the women workers of the party shows their “insensitivity” towards the murder of a teen who used to work as a receptionist in a resort in Uttarakhand.

Maharashtra to recruit 20,000 personnel in police force: Deputy CM Fadnavis

Maharashtra to recruit 20,000 personnel in police force: Deputy CM Fadnavis

Maharashtra Deputy Chief Minister Devendra Fadnavis on Monday said 20,000 personnel will be recruited in the state's police force, with advertisements for the first round of 8,000 posts already issued.

The process for the remaining 12,000 posts will be out soon, he told reporters here.

Mumbai Crime Branch arrests Dawood Ibrahim's aide Riyaz Bhati for extortion

Mumbai Crime Branch arrests Dawood Ibrahim's aide Riyaz Bhati for extortion

Mumbai Police's Anti Extortion Cell on Monday arrested businessman Riyaz Bhati in connection with an extortion case, officials said.

Bhati, who is said to be have links with underworld don Dawood Ibrahim, was wanted in the extortion case registered at the Versova Police Station, they said.

Netflix sets up first internal studio to expand range of video games

Netflix sets up first internal studio to expand range of video games

Netflix Inc. is creating its first in-house video games studio in a push to be less reliable on third-party creators and expand its gaming offerings.

The new studio will be based in Helsinki and headed by Marko Lastikka, according to a statement from Netflix on Monday. Lastikka previously spent more than five years at Zynga Inc., where he worked on FarmVille 3, and before that was the co-founder and executive producer at Electronic Arts Inc.’s Tracktwenty studio in Helsinki, according to his LinkedIn page.

E-com firms log 28% rise in orders in first 2 days of festive season: Study

E-com firms log 28% rise in orders in first 2 days of festive season: Study

E-commerce companies reported a 28 per cent growth in orders in the first two days of festival sales this year compared to the time in 2021, said a report.

According to e-commerce technology firm Unicommerce, there was over 32 per cent year-over-year growth in festival order volumes for tier three cities and over 20 per cent growth in tier II volumes. Tier one cities reported a 28 per cent order volume growth.

WAPCOS files IPO papers with Sebi as govt sets new divestment targets

WAPCOS files IPO papers with Sebi as govt sets new divestment targets

Public sector firm WAPCOS Ltd has filed preliminary papers with capital markets regulator Sebi to float an Initial Public Offering.

The public issue will be a complete Offer For Sale (OFS) of up to 32,500,000 equity shares by the promoter, Government of India, according to the Draft Red Herring Prospectus (DRHP).

Digital banking infra provider Signzy raises Rs 210 crore from investors

Digital banking infra provider Signzy raises Rs 210 crore from investors

Digital banking infrastructure provider Signzy on Monday said it has raised Rs 210 crore (about $26 million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures.

The Bengaluru-based fintech company would use fresh funds to boost its product portfolio towards a greater adoption of its platform by the global banking and financial services customers.

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