Valuation gap: ONGC trails Zomato in market cap despite holding assets worth 1/3rd of its valuation; analysts flag undervaluation

State-run Oil and Natural Gas Corporation (ONGC), valued at around Rs 3.10 lakh crore, now lags behind food delivery platform Zomato in market capitalisation despite owning stakes and assets worth more than a third of its own valuation — a gap analysts say reflects deep undervaluation of India’s largest oil and gas producer.As of Friday’s…

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India Probes 400 Binance Traders for Evasion

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Indian authorities are now reportedly set to investigate 400 Binance traders on the grounds of crypto tax evasion. This development comes following Binance’s reentry into the Asian market, during which it registered itself as a “reporting entity”. India Tax Dep’t Targets Evasion…

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COVID-19 infection might impact the generation: Sperm changes lead to increased anxiety in offspring |

A recent study by the Florey Institute of Neuroscience and Mental Health has found that COVID-19 can cause changes in sperm that may impact offspring behaviour. Using a mouse model, researchers observed that male mice infected with SARS-CoV-2 before mating produced offspring who exhibited higher levels of anxiety-like behaviours. These changes were linked to alterations…

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In a 1st, PM launches joint mobility app “Mumbai One” | Mumbai News

Navi Mumbai: At the inauguration ceremony of Navi Mumbai International Airport, the state-of-the-art technology-enabled app ‘Mumbai One App (One App – Limitless Journeys)’ was unveiled by Prime Minister Narendra Modi, introducing a new dimension to the city’s mobility. The app is the country’s first joint mobility platform comprising 11 public transport operators in the Mumbai…

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‘You’re growing up in trash’: Russian tourist confronts Indian kids littering on streets; Union minister Rijiju reacts to viral video | Delhi News

A Russian tourist’s viral video shows her confronting Indian children for littering, urging them to clean up their country NEW DELHI: A Russian tourist’s viral video has ignited debate over civic sense in India after she confronted a group of children for littering on the streets of India.The footage, shared by Ameana Finds on Instagram,…

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