Latest news with #AdityaKhemka


Hindustan Times
23-05-2025
- Business
- Hindustan Times
Sensex, Nifty close higher: What drove stock market to bounce back today?
India's benchmark indices Sensex and Nifty bounced back sharply on Friday driven by buying of blue-chip IT stocks and consumer goods major ITC. On Thursday, the BSE Sensex tanked 644.64 points or 0.79 per cent to settle at 80,951.99. The Nifty tumbled 203.75 points or 0.82 per cent to 24,609.70. After a flat start in early sessions on Friday, the 30-share BSE benchmark gauge Sensex, bounced back and jumped 769.09 points to settle at 81,721.08 after late morning deals. Among the biggest gainers from Sensex were ITC, Eternal, Power Grid, Tech Mahindra, Infosys and HCL Tech. Deviating from the trend, pharma index lost 0.5 per cent. Sun Pharma was the only laggard, dropping 3.3% as brokers expect lower earnings citing softer revenue guidance in this fiscal year. Among the gainers, Honasa Consumer jumped 12 per cent driven by increased revenue estimates as growth of their new brands improved outlook. The NSE Nifty surged 243.45 points to 24,853.15. Despite the gains in the session, both the Nifty and Sensex are down about one per cent for this week, Reuters reported. Easing US treasury yields was attributed as the major reason for broader recovery in emerging markets on Friday. MSCI Asia ex-Japan up 0.4 per cent following a 0.9 per cent drop in the previous session. Elevated yields and expectations of Trump's new tax cut bill adding trillions of dollars to US debt prompted investors to offload holdings in emerging markets. Foreign portfolio investors (FPIs) offloaded more than ₹5,000 crores worth of Indian equities on Thursday. Yields eased on Friday as the new tax cut bill narrowly passed the US House, offering relief to some emerging markets. Aditya Khemka, fund manager at InCred Asset Management, said, 'With lingering uncertainty over the US economy, foreign flows and trade negotiations, it is likely that Indian markets will witness consolidation in the short term.' 'The fact that there is a sequential earnings recovery in the March quarter is positive for domestic equities, but the revival is modest at best which will keep the gains capped,' Reuters quoted Khemka as saying.


India.com
10-05-2025
- Business
- India.com
STQC Certification: Fortifying Indias Surveillance Infrastructure Amid Geopolitical Tensions
NEW DELHI: As India strides towards digital governance and smarter public safety frameworks, the role of Standardisation Testing and Quality Certification (STQC) has become increasingly vital in the surveillance industry. More than a hallmark of quality, STQC certification is a stringent, multi-layered process designed to test the security and integrity of surveillance products. Administered by the Ministry of Electronics and Information Technology (MeitY), STQC certification focuses on two critical dimensions: security testing and supply chain verification. Security testing assesses a system's resilience to cyber threats and unauthorized access, while supply chain verification ensures compliance with the Ministry of Home Affairs' Public Procurement Order (PPO) guidelines for essential security equipment. Together, these evaluations form a bulwark against vulnerabilities in systems that protect critical infrastructure, transportation hubs, and public spaces. "The surveillance sector is no longer just about watching: it's about securing data, networks, and national interests," said Aditya Khemka, Managing Director of CP PLUS. The emphasis on STQC certification reflects the government's push to create a self-reliant, secure digital infrastructure under initiatives like Digital India and Atmanirbhar Bharat. Khemka also echoed the urgency of compliance. "Compliance is no longer optional. As India pushes toward digitally integrated governance and smarter public safety, systems that don't meet standards simply don't make the cut," he said. "Choosing STQC-certified surveillance isn't just a strategic move; it's a responsible one." With rising cyberattacks and geopolitical tensions, stakeholders across public and private sectors are viewing STQC certification not just as a quality check, but as a national imperative. As India builds smarter cities and more connected ecosystems, STQC stands as a critical gatekeeper of trust and security.