City Delhi Financial News
14.02 / 14:28
IPO
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Juniper
Juniper Hotels IPO to open for subscription on Feb 21; Here's all we know so far
₹1,800 crore and is entirely a fresh issue. Also read: Ixigo's parent Le Travenues Technology refiles draft papers with SEBI to raise funds via IPO Juniper Hotels stands as a leading luxury hotel development and ownership entity, boasting the largest ownership share, by the number of keys, of 'Hyatt' affiliated hotels in India as of September 30, 2023.
14.02 / 14:28
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What happened to govt-appointed panel on MSP formed after 2020-21 farmers protest?
Farmers protest live updates The MSP panel was formed by the central government seven months after the farmers called off their protest at the Delhi borders in 2021. The Modi government on July 12, 2022, released a notification informing about the formation of a committee to “promote zero-budget based farming" and to bring transparency and efficiency in the allocation of MSP. However, there was no mention of the legal guarantee of MSP to farmers in the notification.
14.02 / 14:28
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CBSE issues advisory for students appearing for Class 10, 12 board exams amid farmers' protest: 5 things to know
prevailing situation in Delhi it is expected that there will be traffic-related problems which may cause delay in reaching the examination centre," the advisory stated. 1. The board has instructed students to reach the examination hall by 10:00 am and warned that entry will not be allowed after that.
14.02 / 12:53
Provident
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JEE Main 2024 Result: AICE Dominates in Delhi and Haryana
total of 12,31,874 registered candidates, the competitive atmosphere was intense, but AICE students have etched their names among the top performers. Regional Triumphs: AICE Dominates in Delhi and Haryana In a noteworthy statistic, only two students in Delhi and two in Haryana managed to secure the elusive 100 percentile. Remarkably, Ipsit Mittal of AICE claimed the coveted spot in Delhi, while Aarav Bhatt of AICE stood out in Haryana.
14.02 / 12:53
Citi
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Farmers' Delhi Chalo protest: I don't think China border is fortified the way Delhi is, says Shashi Tharoor
Shashi Tharoor on Wednesday said he doesn't think the China border is fortified the way the national capital is, adding that it's a democratic right of the farmers to protest and to be heard in the national capital. The member of Parliament for Thiruvananthapuram was reacting over the ongoing farmers' protest near different borders of the national capital demanding a legal guarantee for the Minimum Support Price (MSP) for all crops, a complete waiver of farmer debts, pensions for farmers, and the implementation of the Swaminathan Commission's recommendations. “It's a democratic right of the farmers to protest and come and be heard in the National capital.
14.02 / 12:03
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Liquor policy case: ED issues sixth summon to Delhi CM Arvind Kejriwal
Enforcement Directorate on Wednesday issued a sixth summon to Delhi Chief Minister Arvind Kejriwal asking him to appear on February 19 in the liquor policy case. Earlier on February 7, Delhi's Rouse Avenue Court on Wednesday took cognizance of the Enforcement Directorate's complaint and summoned Kejriwal on February 17, 2024. ED had approached the court against Kejriwal for not complying with the summons issued by the central probe agency in the Delhi liquor policy money laundering case.
14.02 / 10:47
Citi
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Juniper
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Diversity
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Juniper Hotels' Rs 1,800 crore IPO to open on February 21. Check details
Juniper Hotels, which runs hotels under the «Hyatt» brand, announced the dates for its maiden public offer on Wednesday. The Rs 1,800-crore issue will open for subscription on February 21 and close on February 23. The IPO with a face value of Rs 10 is entirely a fresh equity with no offer for sale (OFS) component. The price band for the public offer will be announced soon.
14.02 / 10:15
Provident
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AB-PMJAY scheme: AIIMS says over 23,000 beneficiaries availed benefits since 2018
health insurance scheme at the AIIMS here since September 2018, with a majority of the patients seeking treatment in the departments of medical oncology followed by ophthalmology, general medicine, orthopaedics and neurosurgery. As far as complex surgeries are concerned, 730 procedures for congenital heart diseases have been performed followed by 557 total hip replacements and 148 total knee replacements under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). According to data provided by the AIIMS, 5,179 beneficiaries availed benefits of the scheme under medical oncology followed by 4,275 under the department of ophthalmology, 3,169 under general medicine, 2,260 under orthopaedics and 2,223 under neurosurgery till January 24. «The AIIMS, Delhi proudly announces the successful and effective implementation of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (ABPMJAY) scheme. AIIMS has a centralised Ayushman Bharat Kendra located near gate no 1 which runs 24x7 for the smooth implementation of the scheme,» the hospital said in a statement.
14.02 / 10:15
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Farmers' protest: Congress had dismissed Swaminathan Report in 2010, here's why
hundreds of farmers were tear-gassed at the Delhi borders to restrict them from entering the national capital. Farmer unions have huddled at Delhi borders to pressure the government in accepting their demand of a law that guarantees MSP for all crops and the determination of crop prices as per the Swaminathan Commission’s report.
14.02 / 07:43
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Here's why Peter McGuire is bullish on steel
«You have only got to look at Delhi and what is going on there from an infrastructure and then come to Mumbai and it is breathtaking,» says Peter McGuire, CEO, XM Australia. And let us get to talking about that hotter than expected inflation print that came in. What do you think this will lead the US Fed to do? A couple of things. I think it hit the market by a little bit of a surprise and as far as a pushback, we were looking at the best part of 65-66% as far as a rate cut come May and that has been pushed back now to around about 32-33% and they are rolling that forward to possibly by June or July.
14.02 / 07:05
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International
Destinations
Radisson Hotel Group adds 21 properties in India under 9 brands in 2023
Radisson Hotel Group on Wednesday said it has accelerated its growth in India by signing 21 hotels under a portfolio of nine brands in 2023. These 21 hotels also include the signing and opening of the group's first property at Ayodhya, in Uttar Pradesh — Park Inn by Radisson Ayodhya, as the destination gained a lot of national and international attention following the consecration of the Ram Temple last month, Radisson group said in a statement. In India, the Group continues to enjoy a first-mover advantage in the country's key pilgrim destinations. It will soon introduce branded hotels in Vrindavan in Uttar Pradesh and Ujjain in Madhya Pradesh, the statement added. Globally, Radisson Hotel Group added over 30,000 keys to its international portfolio.
14.02 / 07:05
Waters
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BJP has always been party of farmers: Union minister Ajay Mishra Teni
Union Minister of State for Home Ajay Mishra Teni on Wednesday said BJP has always been a party of farmers and has worked for ensuring positive changes in their life. Talking to PTI Videos, Teni said the BJP government started the crop insurance scheme to compensate the farmers for the loss of crop, and added that it always works to end the problems of the farmers. The Samyukta Kisan Morcha (Non-political) and the Kisan Mazdoor Morcha are marching towards Delhi to press the Centre to accept several demands, including enactment of a law to guarantee a minimum support price (MSP) for crops. «BJP has always been a party of farmers and has done big works for them. While Atal Bihari Vajpayee started Kisan Credit Card, Prime Minister Narendra Modi started Kisan Samman Nidhi after taking oath,» he said.
14.02 / 05:59
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Farmers' Protest: Mobile internet, bulk SMS suspended in several parts of Haryana till 15 February
Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa of Haryana State will remain suspended till 15 February. Security personnel fired some tear gas shells on farmers Wednesday morning at the Shambhu border near Ambala as the peasants gathered there to resume their 'Dilli Chalo' protest, the agitators claimed.
14.02 / 04:46
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2020
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Delhi remains under tight security as farmer determined to march
Delhi and at border points with Haryana, which can cause hardships to commuters. The traffic movement at Singhu (Delhi-Sonipat) and Tikri borders (Delhi-Bahadurgarh) is suspended, an official said, adding the security personnel in anti-riot gear are deployed and drones being used to keep an eye on the situation. Multiple layers of barricades, concrete blocks, iron nails and container walls have been placed at Singhu and Tikri borders as well as Ghazipur border. An official said the security arrangements at border points and in central Delhi could be increased if required.
14.02 / 03:41
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Updates
MSP guarantee would leave very little money for other development & social goals: Govt officials
Farmers Protest: Check Live Updates The officials underscored the impracticality of implementing such legislation, highlighting that the total value of agricultural produce in the country during FY20 stood at Rs 40 lakh crore, whereas the market value of the 24 crops under the MSP regime was estimated at Rs 10 lakh crore.
14.02 / 01:53
Provident
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SAD Chief Sukhbir Singh Badal appeals Centre to fulfil demand of farmers, asks AAP to stop "double crossing" cultivators
ShiromAkali Dal (SAD) Chief Sukhbir Singh Badal on Tuesday rendered support to farmers who have embarked on the 'Delhi Chalo' protest and appealed to the central government to fulfil the demands of the cultivators. In post on X, the SAD chief also appealed to Aam Adami Party (AAP) chief Arvind Kejriwal and Punjab Chief Minister Bhagwant Mann to give MSP on 17 crops including wheat and paddy as promised by them to farmers earlier. «I appeal to Govt of India to immediately fulfil all the commitments already made to farmers. We also demand that @ArvindKejriwal and @BhagwantMann must honour their solemn commitment to give MSP on 17 crops including wheat and paddy as promised by them to farmers earlier,» he said.
13.02 / 20:20
FIVE
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INDIA bloc on verge of collapse
AAP on Tuesday declared that it is willing to cede only one of seven parliamentary seats in Delhi to Congress and announced candidates for two seats in Gujarat and one in Goa, pushing the opposition INDIA bloc to the brink of collapse. AAP said it wants to contest eight of the 26 seats in Gujarat and one of the two seats in Goa in alliance with its INDIA bloc partner Congress. The decision was taken at a meeting of AAP's political affairs committee, led by party convenor Arvind Kejriwal. Showing its displeasure over the long time being taken to hammer out seat-sharing arrangements in different states, AAP said it would be forced to declare candidates for six parliamentary seats in Delhi, leaving one for Congress. The party, however, did not clarify which seats it would contest in Delhi.
13.02 / 19:27
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gatherings
Farmers’ Delhi march gathers at Haryana border
PTI, Union agriculture minister Arjun Munda, however, said a law guaranteeing MSP cannot be brought in a hurry without consulting all stakeholders. He urged farmer groups to have a structured discussion with the government on the issue. The protests are organized by the Kisan Majdoor Morcha, an umbrella body of farmer unions from Punjab, Haryana and other states.
13.02 / 17:15
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Sporting
volleyball
Prime Volleyball to look for investors as value tops $90 million
MUMBAI : Prime Volleyball League, India’s first private sporting league, will soon start looking at getting a strategic investor, as its valuation has more than quadrupled since its inception to over $90 million, said a top executive. Prime Volleyball was co-founded in 2021 by Indian sports marketing firm Baseline Ventures, the erstwhile promoter of the Pro Volleyball league, along with five original franchise owners of the now-defunct Pro Volleyball.
13.02 / 15:03
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Farmers' protest: Massive traffic jams at Ghazipur border, police keep vigil | Video
Also Read | ‘If govt creates problem for these farmers…’: Farmer leader Rakesh Tikait warns Centre Commuters are feeling helpless and desperate at being stuck at the Ghazipur border for hours. "I am travelling from Uttarakhand to meet my 78-year-old father... My family and I have been struck here since 11 am.
13.02 / 14:41
security
Mobile
Justice
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Courts
Nokia
Oppo, Nokia seek withdrawal of patent infringement case from Delhi High Court
Nokia Technologies and Guangdong OPPO Mobile Telecommunications Corp on Tuesday informed the Delhi High Court that they want to withdraw their suits including the patent infringement filed by the former, as they have resolved their disputes and reached a confidential litigation settlement last month. Dismissing the suits as withdrawn, Justice Pratibha M Singh said that the parties would be bound by the terms and conditions of the global settlement. The HC also allowed refund of pro-tem security with interest deposited by Oppo during the proceedings within two weeks. It also directed that the confidential documents furnished by the companies in sealed covers or otherwise shall be returned to them and even ordered deletion of their electronic records in the HC.
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