Chequered Flag Dec. 2: Headlines At A Glance

Today's top stories include Indian Navy's deals for defence procurement, GDP base year shift, Reserve Bank of India's advisory to banks and more. Shreya Sur Updated On 09:17 PM IST, 02 Dec 2024

Benchmark Indices End On A High

The NSE Nifty 50 and BSE Sensex extended gains to the second day. The Nifty 50 ended 142.90 points, or 0.59% higher at 24,274.00, and the Sensex ended 445.29 points, or 0.56% up at 80,248.08. Photo Credit: Vijay Sartape/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Indian Navy Eyes Rafale Jets, Scorpene Submarine Deals By Next Month

Indian Navy is hoping to sign the deals for procurement of 26 naval variants of Rafale jets and three additional Scorpene submarines by next month, said Indian Navy Chief Admiral Dinesh K Tripathi on Monday, ahead of Navy Day. Photo Credit: PTI [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Government Shifts GDP Base Year To 2022-23 From 2011-12

The Government on Monday confirmed that it has decided to update the base year for calculating gross domestic product from 2011-12 to 2022-23, according to a media statement by the Ministry of Statistics & Programme Implementation. Photo Credit: Envato [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

RBI Advises Banks To Urgently Reduce Number Of Frozen Accounts

The Reserve Bank of India has advised banks to urgently bring down the number of frozen accounts and make the process of activation of such accounts smoother and hassle-free. Photo Credit: Vijay Sartape/ NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Bajaj Finance Ends Co-Branded Partnership With DBS Bank India

Bajaj Finance Ltd. has ended its co-branded credit card partnership with DBS Bank India Ltd., the Indian subsidiary of the Singapore-based bank said in a statement, responding to NDTV Profit's queries. Photo Credit: DBS/ Website [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Bombay High Court Extends Stay In Burger King Trademark Case

In a relief to the US-based fast food chain Burger King, the Bombay High Court has furthered the stay on a Pune court's ruling to throw out Burger King's trademark infringement lawsuit against a local restaurant using the same name. Photo Credit: Freepik [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Hindustan Unilever Pays Rs 193 Crore As Part Of Outstanding Tax Demand

Hindustan Unilever Ltd. made a payment of Rs 192.55 crore as part of a total outstanding tax demand of Rs 962.75 crore on Nov. 28, an exchange filing said on Monday. The tax department had directed the company to make 20% payment of the total outstanding demand on or before Nov. 30. Photo Credit: Sesa Sen/NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

RBI Lifts Restrictions On Sachin Bansal-Led Navi Finserv Immediately

The Reserve Bank of India on Monday lifted the restrictions on Navi Finserv, led by Sachin Bansal, after the non-banking financial company adopted revamped systems and processes to ensure regulatory compliance. Photo Credit: NDTV Profit [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More:

Intel CEO Gelsinger Leaves As Chipmaker’s Turnaround Flounders

Intel Corp. Chief Executive Officer Pat Gelsinger, who was hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the comeback sputtered and the company only fell further behind rivals. Photo Credit: Pat Gelsinger/X profile [{ "selector": ".story-desp_p", "duration": "1.2s", "easing": "ease-in-out", "keyframes": [{ "opacity": 0 }, { "opacity": 1 }, { "opacity": 1 } ] }, { "selector": ".substory_h1", "duration": "0.75s", "easing": "linear", "keyframes": [{ "transform": "translateY(40px)", "opacity": 0 }, { "transform": "translateY(0px)", "opacity": 1 }, { "transform": "translateX(0)", "opacity": 1 } ] } ] Read More: