Mumbai (Maharashtra) [India], Falcon Technoprojects India Limited, has announced its plan to go public with an Initial Public Offering (IPO) on June 19, 2024. The company is aiming to raise Rs 13.69 Crore at the price of Rs 92 per share through this IPO, with shares set to be listed on the NSE Emerge platform.
The United States has imposed sanctions on Tsav 9, a far-right Israeli group, for blocking humanitarian aid convoys to Gaza. Tsav 9, comprised of settlers, reservists, and families affected by Hamas, opposes aid to Gaza, alleging it benefits Hamas. The group has engaged in violent actions, including blocking roads and attacking convoys. US sanctions aim to hold perpetrators accountable, isolate Tsav 9 financially, and send a message against obstructing humanitarian efforts.
Housing finance as a sector, has been at the forefront of bearing the brunt of both regulatory changes and also different scams at different points of time. But then it has thrown winners like HDFC and losers like DHFL. So, this is a sector which is bound to grow given the fact that demand for housing is always going to rise. What matters is which stock one owns and also another factor is the time frame with which it has been bought. The reason for the time frame is that this sector has to deal with... Читать дальше...
Gogoi's statement came a day after a fresh political row erupted over EVM tampering claims with Congress leader Rahul Gandhi and other opposition leaders citing a media report that alleged that a relative of the Shiv Sena candidate in Mumbai North West Lok Sabha constituency was found using a mobile phone "connected" to an electronic voting machine during the counting of votes on June 4.
Farage is one of Britain's most recognisable and divisive politicians and has pressured successive governments into more aggressive stances on cutting immigration. He played a pivotal role in the 2016 vote to leave the European Union.
Kerala Minister M B Rajesh criticised NCERT's modifications to school textbooks regarding the Babri Masjid demolition. He accued the move by the government as communalising and urged a collective fight against such attempts. Rajesh alleged that the BJP-led government has a history of similar actions, emphasising the need to resist their communal agendas. NCERT defended the changes, stating that teaching about riots could lead to negative impacts on students.
A carefully determined asset allocation can be used to construct a portfolio across asset classes and rebalance the portfolio from time to time. Exchange traded funds (ETF) can come in handy for this purpose.
BUDGET expectations: The Indian government is exploring personal tax cuts for individuals earning over ₹1.5 million annually to boost consumption and savings. This move, considered for the July budget after the BJP’s electoral setback, aims to address inflation and unemployment concerns. These adjustments may modify the existing 2020 tax scheme, potentially lowering the 30% top tax rate.
IFC has committed $105 million to finance a 550 MW solar power project in Bikaner, Rajasthan by Brookfield Asset Management, using long-term debentures. This marks IFC's first Asia-Pacific investment with a hybrid offtake structure selling power to C&I consumers and the merchant market. This partnership aims to showcase renewable energy viability, support India's green energy corridor, and drive clean energy uptake. Brookfield plans to expand renewable investments in India, in alignment with... Читать дальше...
Shiv Sena leader Sanjay Nirupam called for apologies from Rahul Gandhi and Aaditya Thackeray for spreading misinformation about EVM tampering based on a news report. The report alleged a relative of Shiv Sena candidate used a mobile phone to tamper with an EVM, which was dismissed as false by the returning officer. Nirupam demanded accountability from opposition leaders for amplifying the misinformation and expressed concerns over doubts raised about EVM tampering.
DMK's Tamil mouthpiece 'Murasoli' reported that Prime Minister Narendra Modi, during a recent meeting with MPs of the National Democratic Alliance, expressed regret with 'teary eyes' over the BJP's failure to win any Lok Sabha seats in Tamil Nadu. The editorial highlighted the DMK-led INDIA bloc's sustained opposition to the BJP, culminating in a resounding victory in the state with all 40 Lok Sabha constituencies, including 39 in Tamil Nadu and one in Puducherry, going to the DMK and its allies.
Cleaning Delhi’s air demands tough decisions, not just targeting farmers for stubble burning but addressing major urban sources like transport and industry, says environmentalist Sunita Narain. In a PTI interaction, Narain highlighted that despite governmental measures, erratic weather and insufficient action continue to worsen pollution. She urges aggressive steps, including bringing natural gas under GST to reduce reliance on coal and expanding public transport, essential for significant improvement in air quality.
The public issue is mainly aimed at giving exit to private equity (PE) investor Creador, the people told ET. A small share of the IPO proceeds will also be used for funding hospital network expansion, the people said, adding the IPO may value Paras at Rs 4000 -4,500 crore.
A fire erupted in a four-storey residential building on Chakala Street in Masjid area, south Mumbai, on Monday afternoon. The blaze, confined to the third and fourth floors, was reported around 1 pm. Police and fire brigade teams rushed to the scene to conduct rescue and firefighting operations. Fortunately, there have been no reports of casualties or injuries. The exact cause of the fire is yet to be determined.
The position plays a key role in driving GWEC India's work with national and state governments that assist efforts for building the right momentum and establishing policy frameworks to ensure India delivers on its wind energy and supply chain potential, both onshore and offshore, GWEC said.
Andhra Pradesh BJP chief D Purandeswari stated that the NDA-led union government will offer support to the Polavaram Project once the state government requests it. He blamed the previous YSRCP government for delays. The project aims to irrigate vast areas, generate power, and provide drinking water to millions. Recent floods have caused damage, prompting Chief Minister N Chandrababu Naidu to assess the situation.
At least 15 passengers died and 60 others were injured, after three rear coaches of the Sealdah-bound Kanchanjunga Express derailed on Monday morning. Kavach was not in place in the route.
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock
Congress president Mallikarjun Kharge criticised the Modi government for its mismanagement of the Railway Ministry following the tragic collision between a goods train and the Kanchanjunga Express in West Bengal. Kharge expressed deep distress over the loss of lives, demanding immediate compensation for victims and accusing the government of neglecting railway safety.
The Bombay High Court has restrained Astral Ltd from selling its Solvobond solvent cement products in containers similar to Pidilite Industries' M-Seal PV Seal. Pidilite alleged infringement and passing off, seeking an injunction to prevent further harm. The court granted temporary relief to Pidilite, emphasizing the importance of protecting intellectual property rights.
This can indicate potential downward movement and may be used by traders to identify selling or bearish opportunities.
