City Delhi Financial News

Also Read: Monsoon tracker: Very heavy rains in these states till 12 August; subdued rainfall activity in these states for the week According to its bulletin, the weather agency also indicated that there is a possibility of isolated heavy rainfall in both western and eastern parts of Uttar Pradesh on Sunday. Light to moderate fairly widespread to widespread rainfall is expected in the eastern part of India. Bihar, sub-Himalayan West Bengal, and Sikkim have the potential to encounter isolated instances of heavy rainfall between Wednesday and Sunday.

PTI, the 'Pension Rights Maharally' will be organised under the banner of the Joint Forum for Restoration of Old Pension Scheme (JFROPS)/National Joint Council of Action (NJCA), the union leaders informed on Tuesday. Speaking at a press conference, NJCA national convener and general secretary of All India Railway Men's Federation (AIRF) Shiv Gopal Mishra said, “the employees who joined government service after January 1, 2004 are strongly opposing the New Pension Scheme (NPS)." "They are worried about their future after retirement because they have been deprived of the Old Pension Scheme and forced into the New Pension Scheme", he said.

IRCTC: IRCTC's first-quarter profit stood at ₹232.22 crore with a decline of 5% on a year-on-year(YoY) basis. The company's profit in the fourth quarter of the last financial year was at was ₹279 crore. On segment-wise performance, IRCTC's revenue from the internet ticketing business declined 4 per cent to ₹290 crore in the April-June quarter, from ₹302 crore during the same period the previous year.

₹70,000, and married to her. But after a few days, he killed her and dumped her body in a forest area in southwest Delhi's Fatehpur Beri, according to Delhi police. The accused husband Dharamveer along with two others -- Arum and Satyavan -- who helped him in the murder have been arrested.

PVR Inox Ltd. According to Bijli, around 20 films across languages have been screening concurrently across theatres, with a minimal impact on the box office performance of one over another. Ashish Saksena, chief operating officer, cinemas, BookMyShow said so far Jailer has seen around 900,000 bookings on the platform, leading with the original Tamil version in south India including Chennai, Bengaluru, and Hyderabad.

₹393 crore debt owed to him. During the hearing, Maran’s counsel Maninder Singh called for action against SpiceJet for intentional non-compliance with previous court orders, and its failure to provide necessary documents. SpiceJet’s counsel Sandeep Sethi, in turn, pleaded against any severe measure, citing the extension till 5 September that the court had granted to comply with its orders and pointed out that such action would negatively impact SpiceJet’s narrow profit margins and its workforce.

Edtech startup Saarthi on Wednesday said it has taken legal action along with other investors against its acquirer Classplus on several charges including cheating, extortion, criminal breach of trust and misappropriation of funds. Classplus, a software-as-a-service (SaaS) platform for coaching institutes, had acquired Saarthi in late 2021, according to a statement. The deal went unannounced until now.

Rajya Sabha Chairman Jagdeep Dhankhar on Wednesday referred to the privileges committee the complaints of MPs alleging AAP MP Raghav Chadha named them in a house panel without their consent in violation of rules. A Rajya Sabha bulletin said the chairman had received complaints from MPs Sasmit Patra, S Phangnon Konyak, M Thambidurai and Narhari Amin, who alleged breach of privilege by Raghav Chadha for inter-alia including their names without their consent in violation of the Rules of Procedure and Conduct of Business by moving a motion on August 7.

₹147 per share, 42.7 percent higher than the issue price of ₹103 on the NSE SME exchange. Zeal Global Services share price extended gains posting and were locked at 5% upper circuit after making a strong debut. Zeal Global Services share price closed at ₹154.35 apiece.

₹393 crore debt to him. During the hearing, senior lawyer Maninder Singh pointed out that SpiceJet hasn't complied with previous court orders and hasn't submitted the required documents. He argued that the airline's deliberate defiance warrants action.

Made in Heaven Season 1 proved to be a gripping tale of love, secrets and self-discovery. With its stellar cast and intricate plotlines, the show left audiences eagerly awaiting the next chapter of the captivating journey of Tara (played by (Sobhita Dhulipala) and Karan (played by Arjun Mathur). The entangled lives of Tara and Karan were a rollercoaster of emotional dilemmas, all played out against the backdrop of lavish weddings.

₹2,700 crore. Mint details the features of the new convention centre, which is one of the largest in the world. • The Pragati Maidan Ccomplex with a campus area of approximately 123 acres is India’s largest MICE (meetings, incentives, conferences, and exhibitions) destination.

Supreme Court judge Justice Prashant Kumar Mishra on Wednesday recused himself from hearing a plea filed by former JNU student Umar Khalid seeking bail in a UAPA case related to alleged conspiracy behind the riots here in February 2020. Khalid's petition challenging the October 18 last year order of the Delhi High Court, which had rejected his bail plea in the matter, came up for hearing before a bench of Justices A S Bopanna and Prashant Kumar Mishra. «This will come before some other bench. There is some difficulty for my brother (Justice Mishra) to take up this matter,» Justice Bopanna said at the outset, without assigning any reason for Justice Mishra's recusal. Advocate Rajat Nair, appearing for the Delhi Police, told the bench that they have filed a counter affidavit but there is an objection shown by the apex court registry on it. «There are certain portion of statements which we have extracted, that portion is in vernacular,» he said, adding, «That statement itself is in vernacular.» Nair said he also wants to file relevant portion of the charge sheet filed in the case.

alliance INDIA can easily defeat the BJP-led NDA government in the Lok Sabha election 2024, TMC leader Saket Gokhale claimed citing the numbers at the Rajya Sabha voting for Delhi ordinance bill. He also said if ‘enablers of the BJP, Odisha's BJD & Andhra Pradesh's YSRCP’ would not have supported the government then the draconian Delhi ordinance bill would’ve been defeated. Gokhale also cited, without BJD & YSRCP's support, the government would have got only 113 votes and INDIA would gain 120.

Livelaw reported. Earlier on July 12, the Supreme Court postponed the hearing until July 24 regarding the bail application submitted by Umar Khalid. The application pertains to a UAPA case linked to the purported conspiracy surrounding the North-East Delhi riots that transpired in February 2020.

«I think while you may not see necessarily a big SSG growth for both of these businesses, you will see revenue top line and progressively EBITDA growth because the absolute number of branches will keep expanding,» says Gautam Trivedi, Nepean Capital.You have been a big votary of urban consumption and you bought into stocks like Landmark. You bought into stocks like Varun Beverages. You bought into stocks like Sapphire Foods. Where are some of these urban consumption stocks headed because A) it is a niche pocket. B) there is a base effect which would kick in. Yes, I agree.

income tax return (ITR) for FY 2022-23 (AY 2023-24), income tax laws allow one to file a belated ITR. The last date to file belated ITR for FY 2022-23 (AY 2023-24) is December 31, 2023. However, do keep in mind that one needs to pay a penalty to file a belated ITR. «Penal Late fee is levied under Section 234F of the Income Tax Act, 1961, if an individual assessee files a belated ITR. If an individual assessee's total income is above Rs 5 lakh, then a penal late fee of Rs 5,000 will be applicable. If the total taxable income does not exceed Rs 5 lakh, then the penal late fee will be Rs 1,000,» says Chartered Accountant (CA) Aastha Gupta, Partner, S.K. Gulati & Associates, a Delhi based CA firm.

Rahul Gandhi's Lok Sabha membership was reinstated, the Congress leader is now set to visit his parliamentary constituency in Kerala’s Wayanad on August 12. Kerala Pradesh Congress Committee Working president VT Siddique on Tuesday said, “Rahul Gandhi will be coming to Wayanad on 12th August" While speaking to news agency ANI, he said, “We are going to arrange a warm reception for him and the preparations have already started. There is a district Congress Committee meeting tomorrow.

Government employees from both Central and state departments are set to gather at Ramlila Maidan on August 10, united in their call for the reinstatement of the Old Pension Scheme. As announced by a group of railway union leaders, the event titled 'Pension Rights Maharally' will be organised under the umbrella of the Joint Forum for Restoration of Old Pension Scheme (JFROPS)/National Joint Council of Action (NJCA).

EIH Ltd, the parent company of Oberoi Hotels, has reported a substantial 61% increase in its consolidated net profit for the initial quarter of the fiscal year. Concurrently, the company's revenue also experienced a noteworthy surge of 26.7% in comparison to the same period from the previous year.During the quarter ending on June 30, the hospitality firm achieved a profit after tax amounting to ₹106 crore, demonstrating a significant rise from ₹69.44 crore recorded in the corresponding quarter of the preceding fiscal year.The total income from operations for the company reached ₹522.6 crore, showcasing a substantial growth from ₹412.33 crore in the initial quarter of the previous year.

fire broke out at a plywood shop in New Delhi's Gandhi Nagar area in the wee hours of Wednesday. There were no immediate reports of any loss of life or injuries in the blaze.Amandeep, the owner of the shop, said, the fire broke out at 3.30 am on Wednesday.