Author: GP Editor

Brokers watch the movement of stock prices on their computer screens during a trading session. File photo | Photo Credit: PTI Benchmark indices Sensex and Nifty declined in initial trade on Thursday (February 20, 2025) as fresh tariff threats, weak Asian markets and foreign fund outflows hurt investors’ sentiment.The 30-share BSE benchmark Sensex dropped 393.01 points to 75,546.17 in early trade. The NSE Nifty declined 118.95 points to 22,813.95.From the Sensex pack, HDFC Bank, ITC, Maruti, Mahindra & Mahindra, Zomato and Hindustan Unilever were among the biggest laggards.NTPC, Infosys, Reliance Industries and Adani Ports were among the gainers.Foreign Institutional Investors…

When The Down Troddence (TDT) is returning with an album after ten years, expectations are bound to be high. ‘Maharani’, the first track from their new album As You All Know, This Is How It Is (AYAKTIHIS), dropped across streaming platforms on February 20. And collaborating with TDT for the track is Carnatic vocalist TM Krishna. The folk-groove-progressive metal act from Kannur, Kerala, which broke into the underground scene with their formidable debut album How Are You? We are Fine, Thank You in 2014 took systemic oppression head on with its ferocious riffs, growls and potent lyrics. Over a video interview, members…

Showcasing its distinctive taste and humongous goodwill, the ‘Indian Malt Whisky Association’ has sought Geographical Indication (GI) tag for Indian Single Malt Whisky and Pure Malt Whisky.Watch | What are the benefits of GI tags and how are they awarded?In its application filed before the GI Registry here, the association said that the Indian Single Malt Whisky and Pure Malt Whisky originated in India making it distinctly different from other foreign malt whiskies owing to its naturally inherent quality and characteristics. The drinks were extremely unique as they derived superior qualities, texture, taste and aroma and other fine characteristics from…

Actor Blake Lively. | Photo Credit: Reuters Actress Blake Lively has asked for “additional protections” in her ongoing legal battle with Justin Baldoni. As both sides agreed to a protective order (PO), attorneys for the actress and her husband, Ryan Reynolds, submitted a letter to Judge Lewis J. Liman in the Southern District of New York, requesting a stronger PO than the court’s “model” one, reported People.Among their requests for the proposed PO, which they also filed in a separate document, are “an Attorney’s Eyes Only” (‘AEO’) category, which applies to ‘Confidential Discovery Material of such a highly confidential and…

Industry body Association of Mutual Funds in India (AMFI) has launched three initiatives — SIP for smaller investments, Tarun Yojana to encourage young investors and MITRA to help track and recover forgotten investments. These initiatives align with markets regulator Securities and Exchange Board of India (SEBI) and AMFI’s ongoing efforts to democratise mutual fund investments, ensuring wider participation across diverse segments of society. A ₹250 systematic investment plan (SIP) is a sachetisation of mutual fund (MF) designed to make MF investing more accessible, especially for first-time investors and those from underserved segments. The Tarun Yojana seeks to integrate financial literacy…

A still from ‘Chhaava’ Vicky Kaushal’s blockbuster Hindi movie,Chhaava, will run tax-free in Goa, Chief Minister Pramod Sawant announced on Wednesday. This comes hours after Madhya Pradesh Chief Minister Mohan Yadav announced that the film would be tax-free in his statePramod Sawant made the announcement in a post on X. “It gives pleasure to me to announce that movie “Chhava” based on the life & sacrifice of Chhatrapati Sambhaji Maharaj, will be Tax Free in Goa,” Sawant said in the post.“The Movie exploring the valor, courage of Chhatrapati Sambhaji Maharaj for Dev, Desh and Dharma played by Vicky Kaushal, is…

Representational image of Aurobindo Pharma’s Unit IX in Andhra Pradesh | Photo Credit: A. Roy Chowdhury The U.S. Food and Drug Administration (U.S. FDA) has classified a warehouse of Aurobindo Pharma subsidiary in New Jersey, U.S. as Official Action Indicated (OAI) after an inspection it conducted. Such a classification means regulatory and/or administrative actions are recommended by the regulator, for the facility it has inspected. “The U.S. FDA had conducted an inspection at one of the warehouses of Aurobindo Pharma USA Inc., a 100% subsidiary, situated in East Windsor, New Jersey, from May 13-15, 2024, with regards to compliance of…

Film director and producer S. Shankar. File | Photo Credit: Thamodharan B. The Directorate of Enforcement (ED), Chennai Zonal Office has provisionally attached three immovable properties worth about ₹10.11 crore registered in the name of film director and producer S. Shankar under the provisions of Prevention of Money Laundering Act (PMLA), 2002.This provisional attachment was done by the central agency on Monday (February 17, 2025) . ED, Chennai has provisionally attached 3 immovable properties registered in the name of S. Shankar, with a total value of Rs.10.11 Crore (approx.) on 17/02/2025 under the provisions of PMLA, 2002.— ED (@dir_ed) February…

Vedanta Limited will also act as an incubator for new businesses, including Vedanta’s technology verticals. File | Photo Credit: AP “Vedanta Limited has received approval from its shareholders and creditors for its proposal to demerge the company into five independent, sector-specific companies,” according to a stock exchange filing by the company. The demerger was approved by 99.99% of shareholders, 99.59% of the secured creditors, and 99.95% of unsecured creditors of Vedanta Limited who voted in favour of the demerger, as per the stock exchange filing made by the company.Did not receive application from Vedanta for tungsten mining, says T.N. government…

Almost a decade ago, a group of transwomen painted a mural in Bengaluru’s bustling K.R Market, beginning their journey of talking about inclusivity and equality through art. Today, their artworks are displayed in their first solo exhibition in Mumbai, celebrating identity and resistance.The ongoing exhibition, On the Cusp of the Eighth Day, at Mumbai’s Gallery XXL showcases the life and works of about 13 transwomen from the Aravani Art Project, a trans and cis women-led art collective. It also celebrates the nine-year anniversary of the project’s work towards challenging social stigma, discrimination, and systematic inequality faced by the transgender community…