IPA Staff

 

11843 stories by IPA Staff

Voting Underway for Pandharpur-Mangalvedha Assembly By-poll in Maharashtra

Voting for the by-election to Pandharpur-Mangalvedha assembly constituency in Maharashtra’ Solapur district began at 7 am on Saturday amid the surge in COVID-19 cases in the state and the strict restrictions imposed by the government to control the spread of the virus. The ruling NCP and the opposition BJP...

Apr 17 · >

SBI, Private Banks Rush in Race for Citi’s Card Business After Bank’s Decision to Quit Indian Market

Citi Bank’s decision to quit the Indian market has thrown up an opportunity for domestic private banks that are looking to scale up their credit card business. Amid this, the subsidiary of State Bank of India- SBI cards witnessed its share price jump 7.5% by the close of trade...

Apr 17 · >

Petrol and Diesel Price Today in India: Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad and More Cities

Petrol and Diesel prices are fixed on the basis of freight charges, local taxes, and VAT. Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel remained unchanged on Saturday, April 17, 2021, for the second consecutive day after seeing a cut in...

in Markets
Apr 17 · >

Polling Underway for Three Assembly Seats

The polling in three assembly constituencies of Rajasthan began at 7 am on Saturday, amid tight security arrangements. The polling will decide the fate of 27 candidates in Sahara (Bhilwara), Sujangarh (Churu) and Rajsamand (Rajsamand) constituencies where a total of 7,43,802 voters will be able to exercise their franchise...

Apr 17 · >

Record Penalty for Alibaba Marks Tumultuous Stretch for Founder Jack Ma

Once seemingly untouchable, Alibaba founder Jack Ma has endured a tumultuous run that saw his Chinese e-commerce giant hit with a record 18 billion yuan ($2.75 billion) antitrust fine on Saturday, resolving one key uncertainty even as others persist for himself and his business empire. The reversal of fortune...

Apr 17 · >

Industry body writes to Sebi on speculation in soya prices

Moreover, at this price, crushers find disparity of Rs 4,000-5,000 per tonne of processing, he said. In the process, the availability of soyabean meal has reduced dramatically, he explained. The Solvent Extractors Association of India (SEA) has raise a red flag over the speculation in soyabean prices to the...

in Markets
Apr 17 · >

Janagosthiya Samannay Parishad Launches Online ‘Census’ to Identify Indigenous Assamese Muslims

A Muslim organization,  Janagosthiya Samannay Parishad, Assam (JSPA) — launched an online census of Assamese indigenous Muslims to differentiate them from the ‘migrant Muslims’. The JSPA, which launched the online exercise on Thursday, aims to distinguish the Goriya, Moriya, and Deshi, who are stated to be Assamese indigenous Muslim...

Apr 17 · >

Tata Consultancy Services Rating: Buy- A strong performance in the last quarter

TCS’ margins expanded 20bps q-o-q to 26.8% – its highest in 22 quarters despite a sharp 20% q-o-q rise in subcontracting costs and employee additions of 19,388 (highest ever) during Q4. TCS’ Q4FY21 results were slightly ahead of estimates with revenues up 4.2% q-o-q, margins up 20bps q-o-q and...

in Markets
Apr 17 · >

Sitalkuchi Shadow on Bengal’s Biggest Phase, Bolpur BJP Candidate Says ‘CM Speaking in Language of J&K Terrorist Orgs’

West Bengal will see the biggest phase in polling, in 45 seats, on Saturday in the shadow of the Sitalkuchi deaths and the Covid-19 pandemic, with both the BJP and the Trinamool Congress trying hard to ensure that the other does not get political mileage out of the twin...

Apr 17 · >

Maharashtra APMCs to continue functioning

For instance, to control the crowd, the Mumbai APMC located in Vashi, has increased its business hours. Agriculture Produce Market Committees (APMCs) in Maharashtra have been directed by the Maharashtra Marketing Directorate to continue functioning in the current lockdown period to ensure smooth supply of vegetables, fruits and food...

in Markets
Apr 17 · >

SBI Collects Rs 300 Crore from Zero Balance Accounts for Certain Services in 5 Years: Study

Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay has revealed. The study observed that the SBI’s decision to levy a charge of Rs...

Apr 17 · >

Traders call off raisin auctions in Maharashtra

Kumbhar pointed out that buyers, mostly traders, come from across the country to buy the raisins here and can also spread the virus. Although the state government has directed market committees in Maharashtra to remain open during the lockdown, Sangli-Tasgaon District Raisin Association (SDRA) has called off raisin auctions...

in Markets
Apr 17 · >

BJP Can’t Give Citizenship to Matuas, They Already Have It, Says West Bengal CM Mamata Banerjee

Accusing the BJP of giving false promises to the members of the politically significant Matua community on citizenship, West Bengal Chief Minister Mamata Banerjee on Saturday claimed that those people have already been given all rights as citizens. Banerjee, also the Trinamool Congress supremo, claimed that if the saffron...

Apr 17 · >

FATF May Evaluate India’s Mechanism to Deal with Financial Crimes this Year

The FATF, the global body against money laundering and terror financing, is likely to carry out an evaluation of India’s established mechanism to deal with such financial crimes later this year. The mutual evaluation of country specific anti-money laundering and terror-financing mechanism by the Financial Action Task Force (FATF)...

Apr 17 · >

Mamata Banerjee Tells EC Over Remarks on Central Forces

Defending her remarks, West Bengal Chief Minister Mamata Banerjee is learnt to have told the Election Commission on Saturday that she has the highest regard for central armed police forces, but there have been serious allegations of CAPF intimidating voters and influencing the electorate to cast their vote for...

Apr 17 · >

Analyst Corner: Wipro: Maintain ‘buy’ with unchanged TP of Rs 550

Operating margin at 21% again outperformed expectations despite the company handing out wage hikes to 80% of its employees in January 2021. By Edelweiss Securities Wipro delivered another quarter of strong results. IT services revenue grew 3% QoQ (in cc), in line with both our (3.1%) and Street’s (3%)...

in Markets
Apr 17 · >

India Needs Jobs and Jabs, BJP Govt Gives ‘Jumlas, Jibes’: Rahul Gandhi’s Fresh Attack

Congress leader Rahul Gandhi on Saturday said money should be given in the hands of the common people to tide over the impact of the second coronavirus wave and alleged that the “arrogant government” is allergic to good suggestions. In another swipe at the Centre, he said the government...

Apr 17 · >

Infosys to Consider Share Buyback This Week, Markets Respond in Green

IT services major Infosys on Sunday said its board will consider a buyback proposal at its meeting on Wednesday. “The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April 14, 2021, in...

Apr 17 · >
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