The Indian Navy is participating in a mega wargame along with naval forces from eight nations including the US and France against the backdrop of increasingly fractious geopolitical environment and China's military muscle-flexing in the Indo-Pacific. The naval exercise 'La Perouse' is underway in the straits between the Indian Ocean and the Pacific Ocean as well as Malacca, Sunda and Lombok. These straits are largely considered as very crucial for global maritime trade. The nine-day exercise that began on January 16 aims to enhance cooperation among the participating nations in areas of maritime surveillance, interdiction operations, air operations and information sharing. French Carrier Strike Group (CSG), led by nuclear-powered aircraft carrier Charles De Gaulle, is the mainstay of the m
Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances.The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock splits, and bonus shares. Investors must ensure their shares are reflected in their demat accounts on or before this date to qualify.Due to the T+1 settlement cycle, shareholders must purchase stock at least one day before the ex-date to be eligible for dividends, bonus shares, or stock splits. Purchasing shares on the ex-date will disqualify investors from receiving these benefits.With the current settlement framework, the r
The Indian mobility industry is charting its unique course and is poised to double and cross USD 600 billion by the end of the decade - by 2030, according to a joint report released by Google and Boston Consulting Group (BCG) at the ongoing six-day Bharat Mobility Auto Expo.The report, titled Think Mobility Report, revealed that growth in the mobility sector will be driven by both traditional and emerging revenue pools, marking a departure from global trends.As electric vehicles (EVs) gain momentum, one in three consumers is considering them for their next purchase, with distinct preferences emerging between electric four-wheelers (E4W) and electric two-wheelers (E2W). Electric four-wheeler buyers prioritize sophistication, advanced technology, and exclusivity. In contrast, electric two-wh
India captain Rohit Sharma on Saturday confirmed his availability for Mumbai's next Ranji Trophy match against Jammu and Kashmir, but stressed on the need to take time off from a busy calendar amid the clamour for star players' participation in domestic cricket. Rohit also said that no player takes the premier domestic red ball tournament for granted. Mumbai will play Jammu and Kashmir at the MCA-BKC Ground when the Ranji Trophy resumes on January 23. When asked about his availability for the game during a press conference at the BCCI Headquarters in Mumbai, Rohit responded in the positive. The India skipper then added, "Last 6-7 years, if you look at our calendar, we haven't been sitting home for 45 days when cricket is going on. You do get time when IPL finishes when nothing happens