Indian-origin researcher finds gene behind autism and seizures

New York, Jan 9 (IANS) A team of researchers, led by Indian-origin neuroscientist Viji Santhakumar, has found a gene that contributes to the development of behavioural changes associated with autism spectrum disorder and epilepsy. The gene, called neuropilin2, encodes a receptor involved in cell-cell interactions in the brain and plays a key role in regulating […]
SAIL strengthens structures at Maha Kumbh Mela with 45,000 tonnes of steel

New Delhi, Jan 9 (IANS) Public sector giant Steel Authority of India Limited (SAIL) has supplied approximately 45,000 tonnes of steel for the construction of various structures at the upcoming Maha Kumbh Mela 2025 which will be held in Prayagraj. The steel supplied by the company includes chequered plates, hot strip mill plates, mild steel […]
TCS reports employee headcount drop by 5,370 in Q3

Mumbai, Jan 9 (IANS) IT services major Tata Consultancy Services (TCS) on Thursday reported a drop in its employee headcount by 5,370 in the third quarter this fiscal (Q3 FY25), which is a reversal after two consecutive quarters of headcount growth. The Tata Group company’s headcount had increased by 5,726 employees in Q2 FY25. TCS […]
Delhi HC issues notice on plea seeking enhanced regulations for cryptocurrency

New Delhi, Jan 9 (IANS) The Delhi High Court has agreed to examine a plea seeking enhanced regulations for cryptocurrency or virtual digital assets (VDA). The plea highlighted the plight of BitBNS users, who have been unable to withdraw their funds from their wallets since February 2022 due to a “cyberattack”. Issuing notice, a bench […]
Demat accounts in India hit record 185 million in 2024

New Delhi, Jan 9 (IANS) As Indian equity benchmarks continue to outperform the global peers, the number of total demat accounts increased to record 185 million in 2024. The number of demat accounts increased by around 46 million over the last one year period, representing an average increase of 3.8 million accounts per month. According […]
SIP inflows in India cross Rs 26,000 crore mark for 1st time in December: AMFI

New Delhi, Jan 9 (IANS) Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing that small investors continue to rely on mutual funds for long-term investments, as per the data released by the Association of Mutual Funds of India (AMFI) on Thursday. The […]
TV Today closing radio business operations over losses

New Delhi, Jan 9 (IANS) Media company TV Today Network Ltd. announced on Thursday that its Board of Directors have approved a proposal to shut down the loss-making FM Radio Broadcasting operations of the company, comprising three FM radio stations in Mumbai, Delhi and Kolkata under the frequency 104.8 FM. The radio business, which recorded […]
Indian stock market ends lower as Q3 result season kicks off

Mumbai, Jan 9 (IANS) India’s domestic benchmark indices closed lower on Thursday ahead of Q3 FY25 results as selling was seen in IT, PSU bank, financial service, pharma and auto sectors. Sensex ended at 77,620.21 down by 528.28 points, or 0.68 per cent, and Nifty settled at 23,526.50, down by 162.45 points or 0.69 per […]
TCS posts 12 pc rise in Q3 net profit, declares special dividend of Rs 66 a share

Mumbai, Jan 9 (IANS) Tata Consultancy Services (TCS), India’s biggest IT software company, on Thursday reported a 12 per cent increase in net profit to Rs 12,380 crore for the October-December quarter of 2024-25, compared to the same period in previous fiscal. The company’s consolidated revenue increased 5.6 per cent to Rs 63,973 crore during […]
Inflows in open ended equity funds in India up for 46th month in a row

New Delhi, Jan 9 (IANS) Despite muted equity market performance during the month of December, inflows in open-ended equity funds stayed in the positive zone for the 46th month in a row, industry experts said on Thursday. Actively managed equity mutual fund inflows saw over 14 per cent monthly growth at Rs 41,155.9 crore in […]