Aditya Birla group firm UltraTech Cement on Monday said it has made an offer to acquire a 31.6 per cent stake in UAE-based RAK Cement Co for White Cement and Construction Materials PSC (RAKWCT).

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Thousands of residents were ordered to evacuate from the path of a still-active landslide in Papua New Guinea by the government on Tuesday, after parts of a mountain collapsed, burying an initial estimate of more than 2,000 people.

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As many as 10 people were killed as cyclonic storm Remal made landfall in Bangladesh's coastal area on Sunday night, Dhaka Tribune reported, citing State Minister for Disaster Management and Relief Md Mohibbur Rahman.

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Greatify, an AI-powered institution management platform, has launched its ExamX and PlaceX models.

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BluSmart, an eMobility ride-hailing service and EV Charging Infrastructure network, announced the launch of its ‘BluSmart Charge’ App on Google play store and Apple App store.

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Benchmark equity indices climbed in early trade on Tuesday amid buying in HDFC Bank and Reliance Industries along with a positive monsoon forecast.

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Google-backed edtech platform, Adda247 has recorded a jump of 88 per cent year-on-year (y-o-y) in revenue to ₹243.39 crore in FY24 from ₹129.65 crore in the previous fiscal year.

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Cornerstone Venture Partners (CSVP), an early-and-growth-stage venture capital firm set up by former Reliance executives Rajiv Vaishnav and Abhishek Prasad, invests in B2B tech startups, especially enterprise SaaS ventures.

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IT major HCLTech and Arm, a technology provider of processor IP, announced their collaboration to augment custom silicon chips that support AI-driven business operations.

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#blopinion GCCs can spur jobs in Tier-2 cities, especially for women, and position India as a global knowledge centre

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#blopinion The SC of India recently ruled in the case of Bar of Indian Lawyers v. D.K. Gandhi PS National Institute of Communicable Diseases that advocates practising in the legal profession cannot be sued under the Consumer Protection Act, 2019 (“CPA”).

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Stock Market Live Updates 28 May 2024: Sensex, Nifty track Asian cues; LIC quarterly results in spotlight

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Stocks that will see action today: May 28, 2024

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Stock to buy today: Indian Overseas Bank (₹74.42): BUY

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Today’s Stock Recommendation: 28th May, 2024

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The CA Institute has urged its members to send their comments/suggestions to the Corporate Affairs Ministry (MCA) for proposed review of various existing rules framed under the Chartered Accountants Act 1949.

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The Reserve Bank of India, on May 21, imposed a penalty of ₹1 crore on ICICI Bank for non-compliance with certain directions on ‘Loans and Advances – Statutory and Other Restrictions’. trib.al/ZXM3uou

West Asian carriers tighten tourist visa rules for GCC countries, requiring valid return tickets and proof of accommodation
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“₹1,000-crore music (content) investment that we will be making in the next three years, will be funded completely through internal accruals and the QIP money,” said Saregama India Managing Director Vikram Mehra. trib.al/cyHHqpv

Goldman Sachs has pushed back its RBI rate cut call by one quarter to October-December 2024 from an earlier predicted period of third quarter (July-September 2023) this calendar year. trib.al/voCzfb9