The Bharatiya Janata Party wrested West Bengal from Mamata Banerjee’s All India Trinamool Congress while retaining Assam by a wide margin as the results of the assembly elections held in four states and one Union territory in three phases on Apr. 9, Apr. 23 and Wednesday poured in Monday. While the victory of the Indian National Congress-led United Democratic Front in Kerala did not come as a surprise, in neighbouring Tamil Nadu, the newbie Tamilaga Vettri Kazhagam led by actor-turned-politician Vijay Joseph Chandrasekhar thumbed its nose at a majority of exit polls and political pundits and
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The Securities and Exchange Board of India on Monday approved the change in control of RBL Bank with regard to the ongoing acquisition of "certain" shareholding by Emirates NBD Bank in the Indian lender, RBL Bank said in an exchange filing. The Dubai-based lender has proposed to buy up to 60% stake in the Indian private-sector bank, and the Competition Commission of India has already approved it on Jan. 20.
The proposal comprises a mandatory open offer under SEBI's norms, representing up to 26% of the expanded voting capital of the bank. This would be followed by a preferential allotment o
The proposal comprises a mandatory open offer under SEBI's norms, representing up to 26% of the expanded voting capital of the bank. This would be followed by a preferential allotment o
After incidents of lawyers using artificial intelligence tools to draft their petitions, cases of judges using the technology to draft judgments are coming to light. The Delhi High Court has prima facie found that a district judge in Saket used AI tools to draft orders. "The manner of drafting and the manner in which the text distinguishing the case laws is set out in the impugned judgement, prima facie, gives an impression that there is some AI (artificial intelligence) software which may have been used for the same," said a bench of Justice Prathiba M. Singh and Justice Madhu Jain.
However
However
The real estate major saw limited impact on demand due to the war in West Asia, which began on Feb. 28. "I would say around March last two weeks, we did see some amount of impact... you (the company) could have probably done an INR 1,000-odd crores (INR 10 billion) more (in revenues) and would have loved to even actually deliver 20% growth last year. That was a sort of an internal target," an official said. Given that the war is still ongoing, the company is cautiously optimistic on demand sentiment.