Page 2 - Ortfolio Allocation News Today

The Competition Commission of India (CCI) has approved the acquisition of compulsorily convertible preference shares in Northern Arc Capital Limited by the World Bank s International Finance Corporation (IFC).

Embattled edtech company Byju s has once again delayed salaries for thousands of its employees for the second successive month, saying that a few misguided foreign investors obtained an interim order in late February which restricted usage of the funds raised through the rights issue.

Over the next 10 years, India must strive to become a financially Atmanirbhar economy that is shielded from all global events and continues to march ahead confidently for progress and development, Prime Minister, Narendra Modi, said on Monday.

Chief Justice of India (CJI) D.Y. Chandrachud on Monday said that adequate safeguards must be established to prevent abuse of AI (Artificial Intelligence) and other advanced technologies.

The Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday authorised the management of the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from the ABFRL into a separate listed company.

The One Vehicle, One FASTag rule of the National Highways Authority of India (NHAI), aimed to discourage using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle, has come into force from 1 April 2024.

The Indian meteorological department (IMD) has warned about extreme weather, with temperatures remaining above normal maximum levels in most parts of the country from April to June this year.

Ahead of the auspicious Gudi Padwa, there is good news for the property buyers in Maharashtra as the state government has decided to maintain the status quo in the ready reckoner (RR) rate for fiscal 2024-25.

Bank of India has received a demand notice from the Assessment Unit, Income Tax Department, pertaining to AY 2016-17 to the tune of Rs 1,127.72 crore.

Upholding an order passed by the Punjab state consumer disputes redressal commission and rejecting the contention of DHFL Pramerica Life Insurance Company Ltd about suppression of health insurance, the national consumer disputes redressal commission (NCDRC) directed the insurer to pay Rs21.72 lakh with an interest of 7%pa (per annum) to the father of the deceased life assured (DLA) for the repayment of a housing loan.