The incident occurred when a barrier broke at the Sangam, causing a surge in the dense crowd

Mahakumbh stampede

While DeepSeek's achievement democratises AI with its open-source model, these are early days to gauge its impact on the enterprise IT ecosystem, say industry experts

DeepSeek

Renewables solutions provider Suzlon Energy on Tuesday posted 91 per cent jump in consolidated net profit at Rs 388 crore for December quarter on the back of higher revenues.
The company had a net profit of Rs 203 crore in the quarter ended  December 31, 2023, a company statement said.
According to the statement, net revenue rose to Rs 2,969 crore from Rs 1,553 crore in the same period a year ago.
The company also achieved record quarterly deliveries of 447 MW in October-December 2024.
Manufacturing capacity reached 4.5 GW with revamped Puducherry and Daman Nacelle facilities.
It also logged the highest-ever order book at 5.5 GW, and C&I and PSU now constitute 80 per cent of the total order book.
"One emerging trend fuelling our growth is our strategic emphasis on Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers. As these organisations prioritise sustainability and renewable energy, we're delivering reliable, affordable solutions that power their

q3 results

The exodus of FPIs from the Indian equity markets continues unabated, as they withdrew Rs 64,156 crore (USD 7.44 billion) this month so far on depreciation of the rupee, rise in the US bond yields and expectation of a tepid earning season.
This came after an investment of Rs 15,446 crore in the entire December, data with the depositories showed.
The shift in sentiment comes amid global and domestic headwinds.
"The continued depreciation in Indian rupee is exerting significant pressure on foreign investors leading them to pull the money out of the Indian equity markets," Himanshu Srivastava, Associate Director - Manager Research, at Morningstar Investment Advisers India said.
In addition to that, higher valuation of Indian equities, despite recent corrections, expectation of a rather tepid earning season and macroeconomic headwinds are making investors wary, he said.
Moreover, the unpredictable nature of Donald Trump's policies has also prompted investors to tread cautiously and ma

FPI, Foreign portfolio investment

Equity mutual funds witnessed a remarkable surge in inflows to nearly Rs 4 lakh crore in 2024, more than double the amount recorded in the preceding year, reflecting strong investor confidence and a continued shift towards long-term investing, particularly through Systematic Investment Plans (SIPs).
Despite the strong performance in 2024, the outlook for 2025 appears cautious. The mutual fund industry has started to see a slowdown in equity fund flows since early December, a trend attributed to increased market volatility, Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said.
Historically, inflows into equity funds are closely tied to market performance, and periods of market uncertainty often result in subdued investor activity.
"As a result, 2025 may witness muted activity in terms of new fund launches and equity fund mobilization especially as market volatility persists," Santosh Joseph, Co-founder and CEO of Germinate Investor Services, said.
However, long-te

Mutual Funda

The Indian Navy's tableau at the 76th Republic Day parade showcased its three newly commissioned frontline combatants -- warships INS Surat and INS Nilgiri, and submarine INS Vaghsheer.
The three platforms commissioned in Mumbai on January 15, symbolises India's naval prowess and the spirit of 'Atmanirbharta' (self-reliance).
A mixed marching contingent and a band from the Navy participated in the ceremonial parade.
The average age of the members in the contingent is 25 years. These personnel have been carefully handpicked from all branches of the Indian Navy and have undergone specialised training of over two months for the event, officials earlier said.
The commissioning of three major naval combatants marks a significant leap forward in realising India's vision of becoming a global leader in defence manufacturing and maritime security, the Defence Ministry had said earlier.
INS Surat, the fourth and final ship of the P15B Guided Missile Destroyer Project, ranks among the larges

INS Vaghsheer, the sixth Scorpene (Kalvari-class) submarine, sails out for its sea trials. It is likely to be handed over to the Navy soon

In line with the Telugu Desam Party's election promise to create 2 million jobs within five years, the state government has unveiled plans to develop the Data City in Madhurawada

high tech modern developed city

Domestic budget carrier SpiceJet on Tuesday said it is set to re-induct one of its grounded Boeing 737 Max aircraft into operations from January 29, as part of its plan to put all these planes back into service in a phased manner.
The first such plane is set to be deployed on high-demand markets such as Jeddah and Riyadh, starting Wednesday, it said.
Grounded for several months, the aircraft's return marks a significant milestone in the airline's fleet restoration and operational enhancement efforts, SpiceJet said in a statement.
Under its ongoing fleet restoration plan, the airline aims to bring ten aircraft, including four Boeing 737 MAX planes, back into service by mid-April and this is the first 737 MAX aircraft to be brought back under the exercise, it said.
In addition to this, SpiceJet said it has since October last year added 10 aircraft to its fleet, comprising three previously grounded planes and seven newly-leased aircraft.
This has enabled the airline to expand its net

Spicejet

The government needs to spend more on capex and allow consumers to have money in their pockets if it wants growth. Let's focus on the real issues

Budget

BJP MP and actor Hema Malini took a holy dip at the Triveni Sangam at the ongoing Maha Kumbh in UP's Prayagraj on Wednesday and shared she has 'never had such an experience before'

Hema Malini on Maha Kumbh 2025

On Tuesday, after market hours, JSW Energy reported a consolidated net profit of Rs 167.83 crore as compared to a profit of Rs 231.33 crore a year ago

Last week, at a conference of state power ministers in New Delhi, Union Power Minister M L Khattar urged them to publicly list their profit-making power sector entities. “Those states which have good performing generating or transmission companies (g

Denta Water shares listed at Rs 330 per share on the BSE and Rs 325 apiece on the NSE, against the issue price of Rs 294

A Teflon resilience in markets that won’t let declines stick

A Teflon resilience in markets that won't let declines stick

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Actor Hema Malini takes holy dip at Triveni Sangam during Maha Kumbh 2025

JSW Energy slips 10% as company posts 27% decline in Q3 PAT, rev down 6%

Denta Water shares list at 12% premium, fall short of IPO GMP estimates

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Stampede breaks out at Maha Kumbh amid Mauni Amavasya rush, several injured

Good or bad: DeepSeek's ripple effect set to impact Indian IT industry

Suzlon Energy Q3FY25 results: Net profit surges 91% to Rs 388 crore

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