Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund
Mumbai, June 20 (IANS) Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE) launched a new Nifty EV index last month. The New Fund Offer (NFO) for Mirae Asset Nifty EV and New Age Automotive […]
Probe into imported Toyota, Yamaha models over fraudulent Japanese testing
Seoul, June 20 (IANS) The South Korean government said on Thursday it has carried out a probe into some imported vehicles made by Japanese automakers Toyota Motor Corp. and Yamaha Motor Co. in connection with their improper certification tests in their home country. Seoul’s Ministry of Land, Infrastructure and Transport said it has looked into […]
Sensex trades flat after opening in green
Mumbai, June 20 (IANS) Indian equity benchmarks were trading flat on Thursday as mixed cues from global markets. At 9.50 a.m., Sensex was down 28 points or 0.04 per cent, at 77,309 and Nifty was down 16 points or 0.07 per cent at 23,499. Banking stocks are leading the market. Nifty Bank is up 153 […]
India’s efforts in energy transition can be replicated by others: WEF
New Delhi, June 20 (IANS) The World Economic Forum has lauded India’s progress in global energy transition, observing that the country “is leading the way in creating outcomes that can be replicated elsewhere”. “While innovation growth has slowed, countries like China and India are leading in developing new energy solutions and technologies,” it added. India […]
Kuala Lumpur-bound Malaysia Airlines flight returns to Hyderabad due to technical snag
Hyderabad, June 20 (IANS) A Malaysia Airlines flight from Hyderabad to Kuala Lumpur returned to Rajiv Gandhi International Airport (RGIA) here on Thursday due to a technical snag. The flight returned early morning after the pilot noticed a technical snag in the engine in mid-air. The flight MAS 199 with 138 people on board took […]
Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations
New Delhi, June 20 (IANS) Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India. The Financial Intelligence Unit (FIU) has imposed this penalty on the company for operating in the country in violation of domestic anti-money laundering regulations. “After considering the written and oral […]
India to make huge progress on back of young population, rapid development: NSE CEO
Mumbai, June 20 (IANS) Riding on a young talented population, rapid technological developments and overall economic growth, India will be able to generate more wealth in comparison to other countries in years to come, Ashish Kumar Chauhan, Managing Director and CEO of National Stock Exchange (NSE) said. According to him, over the next 50 years, […]
AI platform OrbitShift raises $7 million to expand product footprint
New Delhi, June 20 (IANS) AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners. OrbitShift said it plans to leverage the funding to expand its customer base and continue building for its customers. Prior to this round, OrbitShift had […]
Williamson to take part in SA20 season 2 after opting out of NZ’s central contract
New Delhi, June 19 (IANS) Kane Williamson has confirmed his participation in the SA20 season 2 in January 2025, after opting out of New Zealand’s central contract for the 2024-25 season. Despite this decision, Williamson has emphasised that his commitment to New Zealand cricket remains unwavering, dismissing any notions that his international career is nearing […]
T20 World Cup: Trott feels ‘morning game’ suits Afghanistan better
Bridgetown, June 20 (IANS) Afghanistan head coach, Jonathan Trott, asserted that morning matches suit them better, and they consider themselves the “big boys” of cricket ahead of Thursday’s Super Eight clash against India at Barbados in the T20 World Cup. “I think day games actually suit us better,” Trott said in the pre-match press conference. […]
