IiAS, a proxy advisory firm, urges independent Raymond board members to shield the company from promoters by requesting their disengagement.

“Raymond’s CEO Embroiled in Controversy: IiAS Urges Independent Investigation” Gautam Singhania, the chairman and managing director of Raymond, has found himself at the center of a firestorm as allegations of assault and financial misconduct have surfaced against him. The company’s shares have plummeted by 15% following a public spat with his wife, Nawaz Modi Singhania….

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Waldies Achieves Outstanding H1 2024 Performance, Expects FY2024 Revenue of Rs 370 Crores, Marks 165 Years in Business, 90% Year-on-Year Growth.

Waldies Compound Limited, a powerhouse in the specialty chemicals sector, proudly announces its exceptional performance in the first two quarters of the fiscal year 2024, achieving unprecedented milestones and projecting substantial growth. During H1 2024, the company reported a remarkable INR 177 crores in revenue, surpassing its entire FY2023 revenue of INR 196 crores. This…

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Manual drilling to be used for Rat hole mining in Uttarakhand tunnel rescue operation to clear debris.

In a bid to enhance rescue operations in Uttarkashi, a rat hole mining technique will be utilized to manually drill and remove debris inside the pipe at the Silkyara tunnel. A team of 6 specialists, including engineers from the Indian Army’s Madras Engineering Group and civilians, have arrived to undertake the manual drilling work. Equipped…

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Report: Hackers utilize Telegram bot for conducting large-scale phishing scams

Security researcher Radek Jizba, from ESETResearch, has uncovered a highly sophisticated tool known as Telekopye, which enables criminals to create convincing phishing websites, emails, SMS messages, and more. Operating under the code name Neanderthals, a group of threat actors have been able to present themselves as a legitimate company in order to function within a…

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Six students banned from entering campus indefinitely following JU ragging death

Six students from Jadavpur University have been barred from entering the campus indefinitely following their alleged involvement in the death of a fresher back in August. The decision, which comes almost two months after the anti-ragging committee recommended their exclusion, was announced in a notification dated November 24 by JU registrar Snehamanju Basu. The students,…

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Foreign Portfolio Investors (FPIs) shift from selling to investing; infuse Rs 378 crore in equities in November

Foreign Portfolio Investors (FPIs) have shifted their stance on Indian equities during November, making a net investment of Rs 378 crore due to the sharp decline in US treasury bond yields. This comes after FPIs sold Indian equities worth Rs 24,548 crore in October and Rs 14,767 crore in September. Before the outflow, FPIs had…

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