New Delhi, Dec 06 (ANI): Equity benchmark indices opened on a firm note led by infra metal and pharma stocks on Dec 06. At 10:15 AM, the Sensex is up by 84 points to 40,864. While the Nifty 50 inched up by 19 points at 12,043. Around 299 shares have advanced, 107 shares declined, while 19 shares remained unchanged. Top gainers on the indices on Dec 06 were Bharti Infratel, ICICI Bank, RIL HDFC Bank. 

Sensex up 84 points in opening deals, Nifty hovers near 12,043

The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December

The Competition Commission of India (CCI) has approved Murugappa family affiliate Mavco Investments and Avenue Capital Group's proposal to acquire Germany-based MHM Holding.
MHM Holding is the parent company of Hubergroup, a global player in the printing ink and chemicals industry. It has global footprint in growth markets such as Asia and India.
The New York-headquartered Avenue Capital Group through its arm, Avenue India Emergence Pte, while Mavco Investments, a private investment vehicle belonging to select members of the Murugappa family, is acquiring a stake in MHM Holding.
"Pursuant to the share purchase agreement (SPA) executed between MHM Beteiligungsgesellschaft mbH and MHM Vermogensverwaltungs GmbH (the sellers), Avenue and Mavco had agreed to be severally responsible to acquire 100 per cent of the shares in MHM Holding GmbH (target) from the sellers," a notice submitted with the CCI said.
Subsequently, Avenue and Mavco would incorporate a joint venture company (to be ...

MHM Holding is the parent company of Hubergroup, a global player in the printing ink and chemicals industry. It has global footprint in growth markets such as Asia and India

Xiaomi Pad 7 launching on Jan 10. Vivo Y29 5G smartphone launched. Ray-Ban Meta glasses with display. Apple iPad 11th generation launching early next year. Samsung Galaxy S25 Slim

The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ethical enablement of artificial intelligence (FREE-AI) in the financial sector.
Headed by IIT Bombay professor Pushpak Bhattacharyya (Department of Computer Science and Engineering), the panel will assess the current level of adoption of AI in financial services, globally as well as in India.
It will also review regulatory and supervisory approaches on AI with focus on the financial sector globally.
The panel will also identify potential risks associated with AI, if any, and recommend an evaluation, mitigation and monitoring framework and consequent compliance requirements for financial institutions, including banks, NBFCs, FinTechs, PSOs, etc.
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models / applications in the Indian financial sector, the RBI said.
The other members of the panel are: .

The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models / applications in the Indian financial sector

Manmohan Singh, a pioneering economic administrator and India's third-longest-serving PM, leaves behind a legacy of economic reforms, policy pragmatism, and unwavering dedication to public service

The Malappuram District Consumer Disputes Redressal Commission has ordered a private hospital and a doctor in Kochi to pay Rs 5 lakh as compensation for providing unnecessary Covid-19 treatment to a patient who had tested negative.
The ruling came in a complaint filed by Soji Reni, a resident of Kakkadampoyil, in Malappuram.
According to the complaint, Soji Reni and her husband sought treatment at the hospital on 26 May 2021 for certain health issues.
However, the hospital allegedly concealed the fact that she had tested negative for Covid-19 and proceeded with Covid related treatment, causing undue physical and mental distress.
According to the complaint, an antigen test was conducted, but the result was indeterminate and later an RT-PCR test was performed to confirm the diagnosis.
Despite the test showing negative, the hospital failed to inform the patient and instead proceeded with Covid-19 related treatment, it added.
Soji Reni, admitted to the intensive care unit, was unable

The hospital allegedly concealed the fact that she had tested negative for Covid-19 and proceeded with Covid related treatment, causing undue physical and mental distress

The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China

Russia-Ukraine War

The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events

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In January, Google rolled out end-to-end encryption in group chats for messages app users enrolled in the beta programme

Blend launches Blend Studio: AI tool for ecommerce photography

New Delhi [India], March 16 (ANI/PNN): Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio - the Chat GPT for product photos.

Celebrity and Travel Photographer Rahul Lokare from Flamingo Productions creates waves of change in the world of photography.

Xiaomi 13 Pro

Priced at Rs 79,999 for the 12GB RAM and 256GB on-board storage, the Xiaomi 13 Pro offers a novel imaging experience on top of a premium package

Sensex up 84 points in opening deals, Nifty hovers near 12,043

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