SEBI Crackdown: Karvy Investor Services Loses Merchant Banker Registration

March 29, 2024

In a significant move, the Securities and Exchange Board of India (SEBI) has cancelled the registration of Karvy Investor Services Ltd (KISL) as a merchant banker due to a breach of eligibility criteria. The Inspection SEBI conducted an inspection of Karvy Investor Services during March 15-17, 2023. During the on-site inspection, SEBI found that KISL was not functioning or …

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Core Industries Show Robust Growth in February 2024

March 29, 2024

The Index of Eight Core Industries (ICI) witnessed a significant 6.7% increase (provisional) in February 2024 compared to the same month in 2023. This growth was driven by positive performances across various sectors, including Coal, Natural Gas, Cement, Steel, Crude Oil, Electricity, and Refinery Products. Overall Performance The ICI measures the combined output of eight …

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Ambani and Adani Join Forces: Reliance Buys Stake in Adani’s Power Project

March 29, 2024

In a remarkable move, two of India’s richest businessmen, Mukesh Ambani and Gautam Adani, have joined forces for the first time. Reliance Industries, owned by Ambani, has acquired a 26% stake in a power project owned by Adani’s company in Madhya Pradesh. The Deal Reliance Industries will purchase 5 crore equity shares (worth ₹50 crore) in Mahan Energen Ltd, …

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List of Lakes in Assam

March 28, 2024

Nestled in the northeastern region of India, Assam is renowned for its lush landscapes, serene rivers, and abundant natural beauty. Among its many attractions, the lakes of Assam stand out as serene havens of tranquility, offering visitors a chance to immerse themselves in the region’s picturesque surroundings. Let’s embark on a journey to discover some …

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A book titled “From A Car Shed To The Corner Room & Beyond” by S. Raman

March 28, 2024

S. Raman’s autobiography, “From A Car Shed To The Corner Room & Beyond,” offers a first-person account of his remarkable journey from a clerk at SBI to becoming the Chairman and Managing Director of Canara Bank and a full-time Member of SEBI. The book explores the intricate dance between personal integrity, professional challenges, and systemic …

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Kenyan Allrounder Collins Obuya Calls Time on Cricket Career

March 28, 2024

Veteran Kenyan allrounder Collins Obuya has announced his retirement from cricket following Kenya’s defeat to Uganda in the third-place play-off match at the African Games. ODI and T20I Career Highlights A legspinning allrounder, Obuya represented Kenya in 104 ODIs, scoring 2044 runs and taking 35 wickets. He is Kenya’s third-highest run-scorer in ODIs, with the …

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Indian Paddler Sreeja Akula Shines at WTT Feeder Beirut II 2024

March 28, 2024

Indian paddler Sreeja Akula clinched the women’s singles title at the WTT Feeder Beirut II 2024 in Beirut, Lebanon. The world no. 47 Indian came from behind to secure a 6-11, 12-10, 11-5, 11-9 victory over the lower-ranked Sarah D Nutte of Luxembourg in the final. The 25-year-old Commonwealth Games mixed doubles gold medalist had …

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World Piano Day 2024: Date, History, Significance and Celebrations

March 28, 2024

World Piano Day, celebrated annually on the 88th day of the year, pays homage to one of the most beloved and versatile musical instruments – the piano. This day serves as a global platform to recognize the beauty, cultural significance, and enduring appeal of the piano, fostering appreciation for its rich legacy across generations and …

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Indian Parliamentary Delegation Strengthens Ties with Armenia and IPU

March 28, 2024

The Indian Parliamentary Delegation, led by Deputy Chairman of Rajya Sabha Harivansh Narayan Singh, held a bilateral meeting with their Armenian counterparts on the sidelines of the Inter-Parliamentary Union (IPU) event in Geneva, Switzerland. The Armenian delegation was represented by the Vice President of the National Assembly, Hakob Arshakyan. Harivansh appreciated Armenia’s support to India in multilateral initiatives and emphasized the growing partnership between the two …

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Florida Imposes Restrictions on Social Media for Minors

March 28, 2024

Florida Governor Ron DeSantis has signed a bill that prohibits minors under 14 from having social media accounts. The law requires parental permission for 14- and 15-year-olds to create accounts on platforms like Meta, TikTok, and others. All social media users in Florida must submit identification documents to verify their ages. Part of Broader Effort to Regulate Social Media The Florida legislation is …

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Monthly Archives: March 2024

SEBI Crackdown: Karvy Investor Services Loses Merchant Banker Registration

Core Industries Show Robust Growth in February 2024

Ambani and Adani Join Forces: Reliance Buys Stake in Adani’s Power Project

List of Lakes in Assam

A book titled “From A Car Shed To The Corner Room & Beyond” by S. Raman

Kenyan Allrounder Collins Obuya Calls Time on Cricket Career

Indian Paddler Sreeja Akula Shines at WTT Feeder Beirut II 2024

World Piano Day 2024: Date, History, Significance and Celebrations

Indian Parliamentary Delegation Strengthens Ties with Armenia and IPU

Florida Imposes Restrictions on Social Media for Minors

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