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Bharti Airtel up 3%, hits new high ahead of ex-date for rights issue

Bharti Airtel up 3%, hits new high ahead of ex-date for rights issue

Shares of Bharti Airtel hit a new high of Rs 747.6, up 3 per cent on the BSE in Friday’s intra-day trade ahead of ex-date for rights issue on Monday, September 27, 2021. The company’s Rs 21,000-crore rights issue will remain open for subscription between October 5 and October 21.

The telecom services provider has fixed Tuesday, September 28, 2021 for the purpose of determining the shareholders who shall be eligible to receive the rights entitlement in the Issue.

Rupee falls 13 paise to 73.77 against US dollar in early trade

Rupee falls 13 paise to 73.77 against US dollar in early trade

The Indian rupee depreciated 13 paise to 73.77 against the US dollar in opening trade on Friday, in line with other Asian currencies amid a strong greenback in the overseas market.

At the interbank foreign exchange, the rupee opened on a weak note and fell to 73.77 against the dollar, registering a decline of 13 paise from the last close, even as the domestic equity market was trading with handsome gains.

Amazon's denial of high legal expense in India raises more Qs than As

Amazon's denial of high legal expense in India raises more Qs than As

Amazon has been of late and also for sometime now making some contradictory statements about its legal expenses in India. The company has claimed that it incurred a meagre expense of Rs 52 crore towards legal fees in FY20.

This is out of the total expense of Rs 1,967.5 crore shown as legal professional charges in financial statements of Amazon Seller Services Private Limited as sourced from the website of Ministry of Corporate Affairs.

Mumbai, Bangalore and London named among World's top startup hubs

Mumbai, Bangalore and London named among World's top startup hubs

London, Mumbai and Bangalore have featured among the world's top startup hubs, according to a comprehensive ranking of international startup hubs compiled by Startup Genome for its annual Global Startup Ecosystem Report 2021.

Despite Brexit and the coronavirus pandemic, London maintained its second-place ranking tied with New York for the second year in a row. Bangalore also ranked in the top 30 global tech hubs (#23 globally) and Delhi made it into the top 40 list, coming in at 36th.

Imperative for India, US to defend democratic principles: Kamala Harris

Imperative for India, US to defend democratic principles: Kamala Harris

Noting that democracies around the world are under threat, US Vice President Kamala Harris on Thursday said it is imperative that India and the US defend democratic principles and institutions within their respective countries and around the world.

Harris made the remarks during her joint statement with Prime Minister Narendra Modi.

66% adults in India have got first Covid-19 vaccine dose: Health ministry

66% adults in India have got first Covid-19 vaccine dose: Health ministry

Two-thirds of India’s adult population has received the first dose of the Covid vaccine and nearly one-fourth, or 23 per cent, is now fully vaccinated. Also, according to the health ministry, private hospitals accounted for only six per cent of the Covid vaccines given in the country since May this year.

States and union territories that have covered their entire eligible population with at least one dose of the Covid vaccine include Himachal Pradesh, Goa, Lakshadweep, Andaman & Nicobar Islands, Chandigarh and Sikkim.

Google Photos Locked Folder option coming to all Android phones soon

Google Photos Locked Folder option coming to all Android phones soon

Search engine giant Google has confirmed that the Locked Folder in Photos is set to arrive on all Android devices soon.

The feature was released exclusively on newer Pixel phones in June. Google hasn't provided an exact date for when the feature is releasing more widely, reports The Verge.

Paytm founder could see his stake go up by 2-4% in parent firm ahead of IPO

Paytm founder could see his stake go up by 2-4% in parent firm ahead of IPO

Paytm founder Vijay Shekhar Sharma could see his stake go up One97 Communications, the parent company of the digital payments platform. Sharma, who holds around 14.6 per cent in One97, could see his stake increase by another 2 to 4 per cent, said sources in the know.

Vijay had in the past given 4 per cent of his equity before forming Paytm’ ESOP pool was created. So technically, till sometime back, people got his shares as their ESOPs, said a source aware of the details on condition of anonymity.

'Some users' continue to face problems with I-T portal, says Infosys

'Some users' continue to face problems with I-T portal, says Infosys

IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience.

The Bengaluru-based company, which has drawn flak for glitches continuing months after the launch of the portal in June, said it has seen steady increase in usage over the last few weeks, and more than three crore taxpayers have logged into the portal and successfully completed various transactions.

Over 806.7 mn Covid-19 doses provided to states, UTs so far: Centre

Over 806.7 mn Covid-19 doses provided to states, UTs so far: Centre

More than 80.67 crore COVID-19 vaccine doses have been provided to states and union territories, out of which, over 4.29 crore balance and unutilised doses are still available with them, informed the Ministry of Health and Family Welfare on Thursday.

As per a statement released by the ministry, the Centre has provided 80,67,26,335 vaccine doses to all the states and union territories so far (free of cost channel) through the direct state procurement category and 64 lakh doses are in the pipeline.

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