editor - The Purbottar

05 Aug

Sensex gives up gains after touching new high

editor0 CommentsBusiness, IndiaINDIANECONOMY, sensex

The key Indian equity indices gave up gains on Thursday after touching record highs during the initial trade. The BSE Sensex touched a new high of 54,576.64, and the Nifty50 on the National Stock Exchange hit a record 16,294.65 points. Around 10.25 a.m, Sensex was trading at 54,284.73, lower by 85.04, or 0.16 per cent from its previous close of 54,369.77. It opened at 54,576.64 and has so far touched an intra-day low of 54,243.97 points. The Nifty50 on the National Stock Exchange was trading at 16,231.20, lower by 27.60 points or 0.17 per cent from its previous close. Analysts…

05 Aug

Pegasus row: SC pulls up lawyer, says no notice for Modi, Shah

editor0 CommentsCrime, Indiapegasus

The Supreme Court on Thursday pulled up advocate M.L. Sharma for making Prime Minister Narendra Modi and Home Minister Amit Shah as respondents in his petition seeking a court-monitored SIT probe into the Pegasus snooping issue. A bench comprising Chief Justice N.V. Ramana and Justice Surya Kant said: “You have included certain individuals (Prime Minister and Home Minister as respondents in the petition). We can’t issue notice like this. Don’t try to take advantage of things, you have a defective memo of parties”. Sharma had argued that the government is fabricating material in the computer through this software.

05 Aug

Supreme Court upholds Dream11 as ‘Game of Skill’

editor0 CommentsBusinessBusiness

The Hon’ble Supreme Court of India, by its order dated 30th July 2021, has dismissed a Special Leave Petition (SLP) that alleged that the Online Fantasy Sports (OFS) format offered by Dream11 amounted to gambling, wagering and betting and is not a ‘Game of Skill’. The Dream11 format of online fantasy sport is based on the format approved by the Federation of Indian Fantasy Sports Federation, currently the only judicially affirmed and industry-recognised format that is permitted under law. The Hon’ble Rajasthan court went on to narrate certain specific best practices from the Federation of Indian Fantasy Sports Federation (FIFS)…

05 Aug

Sony India Launches World of Film Campaign

editor0 CommentsBusinessBusiness, TECHNOLOGY

Sony India’s division company Sony South East Asia announced the World of Film, an initiative to celebrate Sony’s legacy and continued commitment to the movie making world. With this engagement of the filmmaking community, Sony hopes to encourage content creators to blossom through the power of Sony digital imaging equipment. Sony will be celebrating several unique filmmakers from a diverse range of genres. These include individual filmmakers to production houses crossing Asia Pacific. Their films will be showcased alongside exclusive behind the scenes production footage starting 2nd August 2021. Sony will be running a filmmaking competition as part of the…

05 Aug

Prevention of Counterfeiting and Smuggling Program by FICCI-CASCADE

editor0 CommentsBusinessBusiness

Despite various anti-counterfeiting strategies such as raids, use of multiple packaging technologies, consumer education and consultations with government agencies the menace of smuggling and counterfeiting is on the rise. In pursuance of its mandate, FICCI-CASCADE held a program on ‘Prevention of Counterfeiting and Smuggling’ (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy). The key recommendations of the program included, capacity building in terms of skill, infrastructure and technology amongst the law enforcement agencies in improving the detection and investigation of crimes. The capacity building program saw participation of several officers of West Bengal Police from Bankura, Islampur, Jagipur, Uttar…

05 Aug

NIA raids 5 places in J&K, Karnataka, arrests 4 for raising funds for IS

editor0 CommentsBreaking News, Crime, Indiajammu and kashmir, NIA

The National Investigation Agency (NIA) on Wednesday carried out searches at five locations in Jammu and Kashmir, and Karnataka in the ISIS Kerala module case and arrested four persons, involved in raising funds and radicalising and motivating more people to join the banned terror organisation. An NIA spokesperson here said that agency personnel, along with state police units, conducted simultaneous searches at five locations — three in Jammu and Kashmir and one each in Mangaluru and Bengaluru in Karnataka. The official said that searches were conducted at the premises of the accused, who were continuously in touch with arrested accused…

05 Aug

IndiGo launches special fares on 15 yr anniversary

editor0 CommentsBusiness, Indiaindigo

To celebrate its 15 years of operations, airline major IndiGo on Wednesday announced a three-day special sale offering all-inclusive fares starting from Rs 915 on its domestic and international connections. Accordingly, the offer will be live from August 4-6, 2021 and will be applicable on travel between September 1, 2021 till March 26, 2022. “Additionally, the ‘6E’ add-ons including ‘Fast Forward, 6E Flex, 6E Bagport’ are being offered at Rs 315 while the ‘Car Rental’ service will start at Rs 315.”

05 Aug

Sunhearrt Group and Ajanta Oreva Group

editor0 CommentsBusinessBusiness

Sunshine Tiles Company Private Limited owns ‘Sunhearrt brand’. Sunhearrt has become the 6th youngest brand in the Indian ceramic industry today. Sunhearrt has maintained its position as the number one exporter in the Indian ceramic industry for consecutive five years along with the status of the first three-star export house in India. Now, Sunhearrt Group joined hands with Ajanta Oreva Group to form a joint venture for India’s biggest vitrified tiles plant. Mr. Bhudarbhai, Chairman, Sunhearrt Group said, “With this joint venture with Ajanta Oreva Group led by Mr. Jaysukhbhai Bhalodia and our mammoth plant at Samakhiyali, Gujarat, we are…

05 Aug

PM Modi hails Indian hockey team’s medal win as historic

editor0 CommentsIndia, International, SportsTokyo Olympics

Hailing Indian men’s hockey team’s bronze medal win in the Tokyo Olympics as historic, Prime Minister Narendra Modi said on Thursday that this day will be etched in the memory of every Indian.With this feat, they have captured the imagination of the entire nation, especially the youth, Modi said, adding that India is proud of its hockey team.The Indian men’s hockey team rewrote history as it claimed an Olympic medal after 41 years, beating a plucky Germany 5-4 to claim the bronze in an edge-of-the-seat play-off match of the ongoing Games here on Thursday.Modi tweeted, “Historic! A day that will…

05 Aug

Afghan Forces Stop Taliban Attack On India-Built Salma Dam

editor0 CommentsIndia, InternationalAfghanistan, INDIA, Taliban

Afghan security forces have thwarted a Taliban attack on the India-built Salma Dam in Afghanistan’s Herat province, the third such assault since last month on the nearly $300 million structure that provides water to several districts in the region. Afghan defence ministry spokesperson Fawad Aman tweeted on Wednesday that the latest attack was carried out on Tuesday night. The Taliban also launched a suicide attack on the residence of the Afghan defence minister in Kabul on Tuesday, killing eight people and injuring 20 more. “The Taliban attack on Salma Dam failed! #Terrorist Taliban attacked the #Salma Dam in Herat province…