Vedanta Ltd has gained approvals from BSE and NSE for its planned demerger into six separate listed companies, including oil and gas and aluminium. This step follows a nod from 75% of secured creditors, aiming to streamline corporate structure and attract global investors. Further statutory and regulatory approvals are awaited.
The world's deadliest waves are becoming Olympic surfers' greatest fears during the respective surfing events. Tahiti's Teahupo’o has already seen some amazing surfing action, including Olympic records, but the risk for players aiming for medals, are still high here.
Minister of Commerce and Industries Piyush Goyal said that he is convinced that the country had the talent, skill and capacity to make India a developed nation by 2047.
The drug maker reported net profit of Rs 494 crore in the corresponding period of previous year.Revenue from operations rose 12.2% YoY to Rs 2,893 crore in Q1FY25. On a quarter-on-quarter (QoQ) basis revenue and net profit increased 18.5% and 14%, respectively.
The MCD sealed five more coaching institute basements on Wednesday, raising the total to 35 since Sunday. The action targeted commercial use of basements in West and South Delhi zones. Delhi Education Minister Atishi and MCD Mayor Shelly Oberoi reported that 30 basements in key areas have been sealed and 200 notices issued to other coaching centers. Additionally, an anti-encroachment drive in Magangir ward removed 150 illegal structures and 72 tin-sheet canopies. The drives aim to clear unauthorized constructions and improve public spaces.
Chief Minister N Biren Singh of Manipur presented the 2024-25 budget, allocating Rs 2900 crores for the State Police amidst a law and order crisis. The Central Government approved IT services and relief packages for violence-affected districts. Investments include installing 1100 computers and financial aid for displaced individuals' rehabilitation and infrastructure projects.
Starting August 1, 2024, the National Payments Corporation of India (NPCI) introduces significant changes to FASTag regulations, emphasizing Know Your Customer (KYC) requirements. FASTag holders must update KYC for tags issued 3-5 years ago and replace tags older than five years. All FASTags must be linked to vehicle registration and chassis numbers. Clear photos and mobile numbers are also required. The final deadline for compliance is October 31, 2024.
John Carroll Lynch, celebrated for his extensive work across drama, comedy, and horror, adds considerable depth to the series. His distinguished filmography includes roles in The Trial of the Chicago 7, Zodiac, The Founder, Shutter Island, and Fargo.
Following heavy rain, Delhi's Old Rajinder Nagar faced another flood, reigniting concerns after three students died in a coaching center basement flood last week. Residents expressed frustration over lack of action by authorities, sparking protests demanding safety improvements. The incident led to criticism of the Municipal Corporation of Delhi, triggering a political blame game between BJP and AAP. AAP MLA Durgesh Pathak was seen assisting in drainage efforts.
The Manipur government disclosed that violence since May 3 has led to 226 deaths, extensive property damage, and displacement of over 59,000 people. Chief Minister N Biren Singh detailed measures taken to support the affected, such as providing temporary housing and relief camps. Detailed district-wise data remains undisclosed due to sensitivity concerns.
This is the Bengaluru-headquartered Prestige Group’s first commercial project in Delhi. It had entered into a joint venture with DB Realty in 2019 to develop a hospitality-led mixed use project spread over 7.7 acres of land in Delhi’s Aerocity.
The Pakistani military is facing the ire of local protesters after the army, it is learnt, tried to thwart the unrest at Gwadar in a high-handed manner.
P Chidambaram of Congress criticized India’s new criminal laws, claiming that 95% of the laws were copied from existing statutes. He condemned the retention of the death penalty and the inefficiency of trial courts in granting bail. Chidambaram warned that these laws could cause significant issues and promised to challenge them legislatively.
Education Minister Dharmendra Pradhan disclosed in the Rajya Sabha that the Central government has filled over 40,000 vacancies in the education sector over the last 4-5 years. He said that the government had introduced a system of Professors of Practice (PoP) to bring industry experts to higher academic institutions. The PoPs will not be permanent positions but aim to enhance education with expertise and new ideas, aligning with the New Education Policy's focus on competency and employability.
House of the Dragon season 2 episode 8 or House of the Dragon finale has reportedly leaked. However, HBO has not stated anything.
"On the hourly chart, the index has given a consolidation breakout. The RSI is in a bullish crossover on both the hourly and daily timeframes. A fresh leg of bullishness starts above 25,000, while support is placed at 24,900. If the index falls below this level, it might correct down towards 24,750," said Rupak De, Senior Technical Analyst, LKP Securities.
When Cristiano Ronaldo made a reference to Georgina Rodriguez, his long standing girlfriend, it created suspicions of a marriage. In her docuseries, Rodriguez revealed their familial and personal issues, leading fans and the public to conjecture about their relationship status.
Indian badminton champion PV Sindhu is gearing up for a Round of 16 clash against China's He Bing Jiao at the Paris Olympics 2024 on August 1. Sindhu's recent dominant win over Estonia’s Kristin Kuuba, with scores of 21-5, 21-10, sets the stage for an exciting match. The game will be broadcast on Sports 18 and live-streamed on JioCinema at around 10:00 PM IST. Sindhu, who has a 9-11 head-to-head record against Bing Jiao, aims to build on her past successes.
A software glitch has disrupted online transactions at nearly 300 banks across India for the past three days, primarily affecting cooperative banks. The National Payments Corporation of India (NPCI) suspects a ransomware attack and has temporarily isolated the software. The issue, linked to 'C-Edge' software by TCS and SBI, has caused problems with RTGS and UPI payments. Banks, including 17 in Gujarat, are awaiting restoration as the Reserve Bank of India works to resolve the issue.
Cigarette maker Godfrey Phillips India Ltd is proceeding with plans to exit the retail business under the '24Seven' brand after a district court in Delhi set aside an interim injunction. The board approved the exit on April 12, 2024, citing stakeholder feedback and market conditions. The retail business division had a negative net worth as of March 31, 2024, with revenue of Rs 403 crore in FY23-24.
The regional Met office has issued an orange alert for heavy rain with thunderstorms across Himachal Pradesh, except Kinnaur and Lahaul & Spiti, for Thursday. A yellow alert has been issued for Friday, with rains expected till August 6. Potential landslides and flash floods are expected in vulnerable areas. So far, rain-related incidents have caused 65 fatalities since June 27.
Indian equity indices reached record highs on Wednesday, driven by Bharti Airtel, ITC, and metal stocks. The Sensex rose 0.35% to 81,741, and the Nifty50 ended above 24,950, with potential for further gains.
Sometimes shares are bought to close an existing short position. This signals a shift from extreme bearishness to bullishness.
Rains lashed Delhi-NCR on Wednesday evening with a red alert issued for Delhi, Noida, Gurugram, and Ghaziabad by the India Meteorological Department, warning of heavy rainfall, thunderstorms, and lightning throughout the evening, accompanied by winds ranging from 30-50 kmph, causing waterlogging, traffic congestion, and the diversion of 10 flights between 7:30 pm and 8:00 pm.
