City Delhi Financial News

29.03 / 07:29
Manufacturing Align Enterprise WhatsApp Southern innovations stake acquires Best Agrolife acquires 100 pc stake in Sudarshan Farm Chemicals for Rs 139 crore
Best Agrolife Ltd (BAL) on Friday announced the acquisition of a 100 per cent stake in Sudarshan Farm Chemicals India Pvt Ltd (SFCL) for Rs 139 crores. The acquisition will enable BAL to leverage SFCL's proficiency in developing cost-effective and distinctive manufacturing routes for off-patent molecules, it said. «This acquisition involves obtaining a 100 per cent stake through cash consideration, with an estimated enterprise value of Rs 139 crores based on the valuation,» the Delhi-based BAL said in a statement. The cash outflow for BAL will be to the tune of Rs 9.5 crore after considering the net working capital and liabilities, it said.
29.03 / 07:29
FIVE BLOCK Fighting Election WhatsApp INDIA Block to announce seat sharing in Bihar on today
INDIA block is finally going to announce the seat sharing formula on Friday in Patna. Sources tell ET that as per the agreement, RJD will contest 26 seats, Congress will contest on nine seats and Left parties will contest on remaining five seats. Among Left parties, CPI (ML) will contest three seats and CPI and CPM will contest one seat each. However, meeting went on till late evening in Delhi between Congress and RJD over the specific Lok Sabha seat. Congress wants Purnia Lok Sabha seat for Pappu Yadav. But RJD has already fielded Bima Bharti from the seat. Congress has been given the Supaul seat. Sources tell ET that there is possibility that RJD can exchange Supaul giving Madhepura to Congress from where Pappu Yadav can fight the election. Pappu Yadav on the other hand is still adamant on Purnia seat. Congress will get Sasaram, Katihar, Patna Sahib, Bettiah, Valmiki Nagar, Maharajganj among others. Congress is also likely to get one seat between Muzaffarpur and Bhagalpur.
29.03 / 07:29
Digital WhatsApp country Courts Arvind Kejriwal's wife Sunita Kejriwal launches WhatsApp campaign to garner support for AAP leader
Delhi Chief Minister Arvind Kejriwal's wife Sunita launched a WhatsApp campaign on Friday, urging people to support her husband, who is in the ED's custody in an excise policy-linked money-laundering case. In a digital media briefing, Sunita Kejriwal said her husband has challenged the «most corrupt and dictatorial forces» in the country and asked people to support him through their blessings and prayers.
29.03 / 06:49
Citi Airlines travelers Department rights Traffic International Akasa Air commences international operations
Akasa Air has commenced its international operations with its inaugural overseas flight departing from Mumbai to Doha, Qatar. In a statement on Thursday, the airline said it has been granted traffic rights for three other international destinations — Kuwait, Jeddah, and Riyadh. Akasa will be rapidly expanding its global footprint in the coming months, the statement said. Further, the airline said with its conveniently timed flight schedule, travellers from other domestic cities such as Ahmedabad, Goa, Varanasi, Lucknow, Bengaluru, Kochi, and Delhi will also have multiple connecting options for travel to and from Doha via Mumbai.
29.03 / 04:31
UPS Action BABA reports Colleges Delhi CM Arvind Kejriwal faces fresh allegation in medical college sexual harassment case: ‘file of accused…’
Arvind Kejriwal in the Baba Saheb Ambedkar Medical College sexual harassment case. He alleged that the file for the transfer of the accused principal had been held up for 45 days.
29.03 / 04:31
Cummins Purple Cap IPL 2024: Mustafizur Rahman at top; Yuzvendra Chahal, Kuldeep Yadav join the list after RR vs DC match
wicket-taker in the Indian Premier League (IPL), every season. Let’s look at the Top 10 contenders after the Rajasthan Royals (RR) vs Delhi Capitals (MI) match on 28 March. The bowler leading on the list has so far taken six wickets.
29.03 / 04:31
UPS Ball Election show cricket IPL Points Table 2024: CSK remains at top spot, Rajasthan Royals 2nd with 4 points after RR vs DC match. See full table
1. Chennai Super Kings (CSK): After back-to-back wins under captain Ruturaj Gaikwad's leadership, CSK is currently sitting at the top of the IPL 2024 points table with 4 points and a net run rate of 1.979. Till now, CSK has played two matches, the first against RCB and the second against the Mumbai Indians.
28.03 / 20:53
UPS Election Death hospital Courts Gangster-turned-politician, Mukhtar Ansari dies due to cardiac arrest; section 144 imposed across Uttar Pradesh
Mukhtar Ansari died due to cardiac arrest on Thursday after he was admitted to a hospital in Uttar Pradesh's Banda district because of his health condition. He was rushed to the hospital in an unconscious state after he complained of vomiting. Also Read: UP news: Jailed Mukhtar Ansari admitted to hospital after ‘abdominal pain’ The five-time MLA from eastern UP's Mau was involved in the property business and was also involved in 52 criminal cases in UP and at many other places.
28.03 / 17:15
Digital Cooper Sustainability show Courts Investigations Here's what the Delhi court said as it extended Kejriwal's ED custody till April 1
Enforcement Directorate's (ED) custody of Delhi Chief Minister Arvind Kejriwal till April 1. The court made this decision based on the agency's submission of «sufficient reasons» to allow further custodial interrogation. The ED highlighted the need to confront Kejriwal with collected material and recorded statements. During the court proceedings, the ED mentioned that Kejriwal's responses during his five-day interrogation were «evasive.» The court also took note of the ED's statements regarding the recording of statements from three other relevant persons in the case. «Having considered the submission made before this court and considering the grounds as cited by the investigative agency, there appears to be sufficient reasons to permit further custodial interrogation, particularly keeping in view the submissions that he (Kejriwal) is required to be confronted with the material collected and statements recorded so far in the course of the investigation,» special judge Kaveri Baweja said. Special judge Kaveri Baweja, after considering the ED's submissions, agreed to the extension of Kejriwal's custodial interrogation. The judge noted the necessity of confronting Kejriwal with extracted data from digital devices and other details. Kejriwal, in response, expressed readiness to cooperate with the agency and did not oppose the ED's plea for remand extension.
28.03 / 16:13
Action Mobile Election show social Investigations rowing Delhi L-G orders probe into Congress leader Supriya Shrinate's post on Kangana Ranaut
Kangana been fielded by the ruling BJP as its candidate from Himachal Pradesh's Mandi in the upcoming 2024 Lok Sabha polls. Shrinate, following a row on the post, removed the post from all her social accounts, and claimed that those were not posted by her, adding that she could never make such personal and indecent comments about any woman.
28.03 / 13:33
MET FIVE Election President Actor Lok Sabha Elections 2024: 6-time BJD MP Bhartruhari Mahtab along with Sidhant Mohapatra join BJP
BJD. He was representing the Cuttack Lok Sabha seat since 1998. Along with Mahtab, MP Sidhant Mohapatra and Padma awardee Dr Damayanti Beshra also joined the BJP.
28.03 / 13:33
COST Airlines Boeing awards pandemic Courts Kalanithi Maran moves Delhi HC to issue contempt proceedings against SpiceJet
NEW DELHI : Former SpiceJet promoter Kalanithi Maran and KAL Airways moved the Delhi high court seeking fresh contempt proceedings against the low-cost carrier and its chairman, Ajay Singh, due to their failure to adhere to previous court rulings related to the enforcement of an arbitral award. The case pertains to the execution of an arbitral award of ₹579 crore, plus interest, that Maran won in 2018. The court on Thursday issued a notice to SpiceJet in the plea and adjourned hearing in the case to 25 April.
28.03 / 13:33
markets UPS Fighting Election Trade reports Courts Top news on March 28: Arvind Kejriwal’s ED custody extended till April 1; Nifty 50, Sensex climb almost 1%
Arvind Kejriwal’s ED custody till April 1 in the Delhi liquor policy scam case. The Nifty 50 and the Sensex closed with healthy gains on Thursday, ending the financial year 2024 with robust gains. Here are the top news events on March 28: Delhi chief minister Arvind Kejriwal was produced in front of Delhi’s Rouse Avenue court in the Delhi liquor policy scam case today.
28.03 / 11:45
markets UPS security Research trends Trade International Gold climbs Rs 350; silver jumps Rs 200
capital on Thursday amid strong trends in the international markets, according to HDFC Securities. Extending its gains for the second straight session, the price of the precious metal had settled at Rs 67,000 per 10 grams in the previous trade. Silver also jumped Rs 200 to Rs 77,450 per kg. In the previous close, it had ended at Rs 77,250 per kg.
28.03 / 10:33
markets UPS Citi CEO exclusive Features Women account for 46% of used cars sales in March this year; Kwid, i10 emerge top choice: Spinny
The Thriving Global Market for Used Cars Among the car models, the Renault Kwid, Grand-i10, and Baleno emerged favourite among women buyers aged between 30-40 years. "'Lady Luck' promotion, offered during the month of March, featured exclusive discounts of up to ₹25,000 on car purchases.
28.03 / 10:33
Provident Courts Delhi's Rouse Avenue Court reserves order on ED's plea seeking 7 days extension of Arvind Kejriwal's custody
ANI. Making submissions for himself, Kejriwal said a smokescreen of the AAP being corrupt has been created before the nation. "I am named by four witnesses in the excise policy case.
28.03 / 09:35
WhatsApp Justice Courts "ED arrest is a political conspiracy, approver gave BJP Rs 55 cr," says Arvind Kejriwal as he addresses Delhi court
Aam Aadmi Party supremo Arvind Kejriwal on Thursday addressed the Rouse Avenue Court where he questioned the legitimacy of his arrest by the federal agency. The arrested leader was produced before special Judge Kaveri Baweja by the Enforcement Directorate as his custody ends today. Delhi CM Arvind Kejriwal in his statement before Rouse Avenue court said, «I was arrested, but no court has proved me guilty yet. CBI filed 31,000 pages and ED has filed 25,000 pages related to this matter. Even if you read them together, I would like to ask why have I been arrested? My name came to light only in four statements of four people.»
28.03 / 06:53
UPS Citi security Strategy love show Footprints gears up for expansion in tier - 1 cities of Gurgaon, Bengaluru, and Delhi
Footprints, an early childhood education and childcare services has unveiled its expansion strategy. The company aims to add up to 7 centers in Gurgaon and increase its capacity to over 2000 children, reaching 80 centers in Bengaluru and 100 in Delhi. Footprints, the tech-enabled preschool brand in India, is about to go through a significant expansion. Their goal is to reach 350 centers by 2025 and secure a top three position with a projected revenue of Rs 275 crore, concentrating on Tier-1 and 2 cities. In a statement, Footprints says it has identified strategic areas for growth, focusing on tier-1 and select tier-2 cities with a high density of urban families. These locations fit with Footprints' educational offerings and show a strong demand for early education. By the end of 2025, Footprints intends to almost quadruple its present footprint, going from 20 cities to nearly 40 cities in India.
28.03 / 06:53
MET Election WhatsApp country UBT faction issues ultimatum to Congress over Sangli Lok Sabha seat
Uddhav Balasaheb Thackeray Sena faction on Thursday bluntly told the Congress party that if it wants to harbor ambitions of it leading the country and its party leader becoming the Prime Minister of the country then it should let the UBT have the Sangli Lok Sabha seat. “Congress is a big party, we believe that the Congress is to lead the country, we (UBT) don’t want to lead it. We want the Prime Minister of the country to be from the Congress party. For just one seat (Sangli) are you ready to lose the Prime Minister’s post, they (Congress) should think it over.”said UBT Rajya Sabha MP Sanjay Raut. Referring to threats of the local leadership of Sangli announcing that they would not be working for the UBT candidate, Raut warned, “ If someone is talking of a boycott then it is very dangerous for the Maha Vikas Aghadi alliance, if the same situation happens in other constituencies in the state then who would be responsible.”
28.03 / 05:41
Aviat Airlines reports testing Air India terminates pilot for flying under alcohol influence, says report
Times of India has stated. As per the report, last week on arrival in India, the pilot had tested positive for consumption of alchol on the breathe analyser.
28.03 / 05:15
Cooper Remark Freedom country reports rights International Arvind Kejriwal arrest: Germany takes U-turn after Modi govt summons diplomat
India protests Germany's remark on Arvind Kejriwal's arrest: 'Most unwarranted' But the firm counter launched by MEA reaped results as German spokesman yesterday refused to share any details about the summoning in Delhi and also chose not to comment on the case. After Germany, US reacts to Kejriwal's arrest: 'Encourage timely legal process’ The spokesman stated : “Have commented on the case.

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