City Sanjay Financial News

15.09 / 16:55
Agency ED special director Rahul Navin appointed as acting director of law enforcement agency
Enforcement Directorate (ED) till the appointment of a regular Director or until further orders. Rahul Navin replaced Sanjay Kumar Mishra who stepped down on Friday which was the Supreme Court mandated deadline for his tenure.
15.09 / 16:49
UPS Centre Centre appoints Rahul Navin as acting director of Enforcement Directorate
Rahul Navin, special director, Enforcement Directorate has been appointed as the acting director of the ED as SK Mishra’s tenure ended on Friday. A 1993-batch IRS officer, Navin was appointed as Special Director in the Enforcement Directorate in November 2020. He has been working as an Officer on Special Duty at the Enforcement Directorate, since November 2019. Earlier, Navin worked as an Additional Director and Course Director, 63rd Batch of the Indian Revenue Service. In July, the Supreme Court had allowed the extension of Enforcement Directorate Director Sanjay Kumar Mishra's tenure until September 15 and made clear to the centre that there will be no more extension in Mishra's tenure. The top court had on July 11 held as «illegal» two successive extensions of one year each granted to Mishra and said the Centre's orders were in «breach» of its mandamus in the 2021 verdict that the IRS officer should not be given further term. It had also curtailed Mishra's extended tenure to July 31 from November. Mishra was first appointed the ED director for two years on November 19, 2018.
15.09 / 13:47
UPS Provident Software country cover social SC calls for NALSA's report on plea to implement women integrated help system across India
Supreme Court on Friday called for a report from the National Legal Services Authority (NALSA) on a plea seeking a direction to implement the NALSA women integrated help system, which provides a hassle-free access to justice to women victims of violence, in all states and Union territories. The plea said the project is operating on a pilot scale in Jammu and Kashmir and Chhattisgarh for the last three years. The petition said it is a technology integrated system of the 181 women helpline, the NALSA legal aid helpline 15100 and all other government schemes that are meant to provide women and girl victims of violence a hassle-free access to the criminal justice system, and empower and protect them from violence. The plea came up for hearing before a bench of Justices Sanjay Kishan Kaul and Sudhanshu Dhulia. Senior advocate Colin Gonsalves, appearing for petitioners The National Federation of Societies for Fast Justice and Aman Satya Kachroo Trust, said the results have been extraordinary in Jammu and Kashmir and Chhattisgarh. «Before we proceed further in the matter, we would call for a report from the NALSA qua the scheme, which the petitioner seeks implementation of.
15.09 / 11:51
UPS Target FIVE Entertainment ED Director Sanjay Kumar Mishra to step down today. All you need to know
Sanjay Kumar Mishra will be attending the government agency's office as its chief for the last time today. The Centre had sought from Supreme Court of India that Mishra's tenure be extended till 15 October, which the top court granted, albeit reducing a month from the demand. The Supreme Court in July had noted that SK Mishra's tenure as the ED chief would be extended till 15 September in view of ‘national interest’.
15.09 / 01:07
UPS Target Reuters country Sugar stocks in sweet spot with supply shortage looming large
Shares of sugar companies soared on Thursday on news reports that output in Maharashtra, India's highest-producing state, could fall in the 2023-24 crop year to its lowest in four years. This could lead to higher sugar prices and boost the profitability of top companies in the sector, said analysts.Sakthi Sugars jumped 11.3%, Dhampur Sugar gained 10.4%, Dwarikesh Sugar rose 9.8%, Bajaj Hindusthan advanced 7.2% and Balrampur Chini moved up 4.8%. A Reuters report said Maharashtra's sugar output could fall 14% in the 2023-24 crop year due to lower cane yields following the driest August in more than a century. Maharashtra, Uttar Pradesh, and Karnataka are among the top sugarcane-producing states in the country, and a dry spell because of the El Nino effect will likely affect supply. Sugar companies are expected to witness strong earnings growth till FY26, according to brokerage DAM Capital. «We believe fast developing El Nino conditions would further hamper sugar production in these states and keep domestic sugar prices above ₹37/kg,» said DAM's analyst Sanjay Manyal in a note to clients.
13.09 / 18:19
UPS Siemens Software Southern AP Skill Development Corp established by flouting rules, says CID; Chandrababu Naidu named 'accused one'
Andhra Pradesh Crime Investigation Department on Wednesday said as many as 13 signatures of TDP chief N Chandrababu Naidu were found in various documents pertaining to the Skill Development Corporation, which was set up by flouting the rules. Speaking to reporters, AP CID chief N Sanjay said owing to the alleged role played by Naidu in the 'scam', he was arraigned as accused one (A1) in the case.
13.09 / 12:49
UPS Provident country Inside Days after Modi-Nitish bonhomie at G20 meet; BJP, JD(U) lock horns
BJP leader Sanjay Jaiswal on Wednesday asserted that much should not be read into pleasantries exchanged between Prime Minister Narendra Modi and Bihar Chief Minister Nitish Kumar on the sidelines of the G20 meet in Delhi. Jaiswal, who headed the Bihar unit of the BJP till a few months ago, ruled out the possibility of a thaw in relations with the JD(U) of Kumar, claiming that the chief minister had «become a liability» when the two parties were in alliance. Jaiswal, who is now a member of the BJP national executive, said this in reply to queries from journalists at Jhanjharpur, in north Bihar district of Madhubani, where he was inspecting preparations for the upcoming tour of Union Home Minister Amit Shah. Shah, who will be on a day-long visit of Jhanjharpur on September 16, is likely to address a public meeting besides attending a function of the Sashastra Seema Bal. Jaiswal, who was asked about apprehensions of realignment expressed by former chief minister Jitan Ram Manjhi, who recently joined the NDA after being snubbed by Nitish Kumar, said: «What happened in Delhi was just a common courtesy.
13.09 / 11:37
Cooper Platform COMPOSITE Align Celebrity country Celebrating Unity: India’s Role in the G-77 Plus China Summit
India has decided to make a change in its plans for the ‘G-77 plus China’ summit. Originally, External Affairs Minister Dr S Jaishankar was set to lead the Indian delegation to Cuba for this significant event. However, due to a special parliamentary session scheduled for September 18, all government ministers, including Jaishankar, must be in New Delhi.
12.09 / 06:09
G20 trudeau From trade to separatists, Trudeau feels heat of strained India relations
India and keeping the provinces in the dark about trade talks.In a letter Moe released Monday, Saskatchewan Trade Minister Jeremy Harrison argued Trudeau is picking a fight with India for domestic political gain and risking access to one of his province’s most important export markets.“It is very difficult to come to any other conclusion that your government has once again put its own domestic political interests ahead of the national economic interest — particularly as it relates to exports and trade of western Canadian-produced commodities,” Harrison wrote.Last month, Indian High Commissioner Sanjay Kumar Verma told The Canadian Press in an interview that Ottawa sought a pause “within the last month” to ongoing talks for an Early Progress Trade Agreement.The news stunned business leaders, and Harrison wrote that his peers have had a “complete lack of updates” on the negotiations since at least late July.“It is unacceptable to our government that we first heard of a pause in the EPTA negotiations through the media one week ago, and have received no explanation from (the) Government of Canada subsequent to that,” reads Harrison’s letter, dated Sept. 8.“Clearly, what your government has done has put the already strained Canada-India relationship in even further peril after some improvement following the prime minister’s disastrous trip to India in 2018,” he wrote, a reference to Trudeau being mocked for wearing traditional outfits and for inviting a convicted terrorist to a reception he hosted in India.Harrison added that provinces and territories ought to be present in the negotiations, saying this has been done in talks for past trade deals.
11.09 / 10:55
Lowe's JPMorgan HSBC Chase SENSEX ‘Irrational exuberance’ driving midcap stocks, says Kotak Institutional Equities
“The steep increase in stock prices simply reflects the irrational exuberance of investors in the mid-cap and small-cap parts of the market,” Sanjeev Prasad, co-head of institutional equities at the brokerage, wrote in a note. “There is no meaningful change in the fundamentals of most companies; in fact, they have worsened in many cases,” he said.Indian shares have surged on expectations for growth in the economy and corporate earnings, with a boom in retail investing particularly helping smaller stocks outperform.
10.09 / 13:43
UPS Andhra Pradesh News: Chandrababu Naidu sent to 14-day judicial custody in alleged multi-crore corruption case
Former Andhra Pradesh Chief Minister and TDP Chief Chandrababu Naidu gets 14 days judicial custody till 23 September in connection to the multi-crore corruption case. Chandrababu Naidu was presented in ACB Court on Sunday, which pronounced the verdict in the Skill Development Corporation Scam.
09.09 / 19:03
Aware Fighting Shell Former Andhra Pradesh of CM N Chandrababu Naidu arrested by CID in 'fraud' case
Chandrababu Naidu in a skill development scam case. The CID had filed a first information report (FIR) in December 2021 related to the case but Naidu was not named in the FIR. However, the CID said now it has enough evidence to name Naidu as the prime accused in the case. «We have arrested Chandrababu, the main accused in the skill development scam. The value of this scam is '550 crore.
09.09 / 14:13
LGBT film Instagram Actor love Celebrity Friend Akshay Kumar announces 'Welcome to the Jungle' on 56th birthday; Ajay Devgn wishes friend success, Twinkle Khanna’s special message
Akshay Kumar, on the occasion of his 56th birthday, has announced 'Welcome to the Jungle', the third installment in the 'Welcome' film franchise. Kumar took to his official X (Twitter) handle on Saturday and made the announcement by sharing the first look of his upcoming film. The movie's teaser was accompanied by a tweet that read, «Khud ko aur aap sab ko ek birthday gift diya hai aaj. If you like it and say thanks, I’d say Welcome(3) #WelcomeToTheJungle In cinemas, Christmas – 20th December, 2024. #Welcome3.» The promo, introduced in the form of an A capella, featured an ensemble cast including Kumar, Sanjay Dutt, Suniel Shetty, Arshad Warsi, Paresh Rawal, Johnny Lever, Rajpal Yadav, Tusshar Kapoor, Shreyas Talpade, Krushna Abhishek, Kiku Sharda, Daler Mehndi, Mika Singh, Rahul Dev, Mukesh Tiwari, Sharib Hashmi, Inaamulhaq, Zakir Hussain, Yashpal Sharma.
09.09 / 07:35
UPS Provident Siemens Shell exclusive AP Skill Development Scam: Chandrababu Naidu named 'prime accused' as CID lists case details
Investigation Department (CID) in Andhra Pradesh has arrested former Chief Minister N. Chandrababu Naidu, naming him as the prime accused in a skill development scam.
08.09 / 18:01
AAP releases first list of 10 candidates for MP assembly polls; becomes third party to do so
AAP) on Friday announced the first list of 10 candidates, including nominees for two seats in Bhopal district currently held by the ruling BJP, for the upcoming Madhya Pradesh assembly polls. With this, the AAP has become the third political party, after the BJP and the Mayawati-led Bahujan Samaj Party (BSP), to release its first list of candidates for the year-end polls whose schedule is yet to be announced. The Arvind Kejriwal-led outfit had earlier announced it will field candidates in all the 230 assembly seats in the Bharatiya Janata Party (BJP)-ruled state. The list includes candidates from Bhopal district's Govindpura seat, Sajjan Singh Parmar, and Dr Ravikant Dwivedi from Huzur in the state capital, a party release said. Both Govindpura and Huzur segments are currently represented by BJP MLAs Krishna Gaur and Rameshwar Sharma, respectively. The list also includes the names of candidates from Sewda (Sanjay Dubey), Dimani (Surendra Singh) Tomar, Morena (Ramesh Upadhyay), Petlawad-ST (Komal Damor), Sirmour (Sarita Pandey), Sironj (IS Morya), Churhat (Anendra Govind Mishra «Rajan») and Maharajpur (Ram Ji Patel). Last month, the BJP had named its candidates for 39 assembly seats in Madhya Pradesh, while the BSP's first list contained seven nominees.
06.09 / 18:25
UPS Provident FIVE Man Enterprise foreign valuation Valuation norms for foreign investors likely in a fortnight
NEW DELHI : Taxation of share premium in unlisted businesses, an anti-evasion provision introduced in the tax law more than a decade ago to tackle corruption, has over the years become a key concern for startups, with the industry waiting to see how its expanded scope will be implemented on the ground. The finance ministry is set to come out with the final version of the five extra valuation methods for foreign investors in about a fortnight to ensure the worth of unlisted companies is accurately assessed for tax purposes after public consultation of the draft rules in May.
05.09 / 13:49
Cooper Progressive country Indian India or Bharat? This is what Article 1 of the Indian Constitution says
Article 1 of the Constitution which sets the tone for the entire constitutional framework starts with both 'India' and 'Bharat.' The particular article is considered as the foundational provision that establishes the Union of India. Conversations regarding the name change has started because of reports claiming that Narendra Modi-led government is expected to bring a resolution for changing India's official name to 'Bharat' during the special session of Parliament, scheduled from September 18-22What is Article 1?
04.09 / 15:09
UPS Art film Celebrity beautiful ‘Black’, ‘Mohabbatein’, ‘Taare Zameen Par’: 4 movies to revisit on Teacher’s Day
Mentor. A home away from home. A friend, philosopher, and guide. The relationship between students and teachers in India is nothing short of sacrosanct. The teaching profession has always been put on a pedestal in this part of the world. Over the decades, Bollywood has gifted us with some rather beautiful and moving depictions of this sacred bond. As we gear up to celebrate Teacher’s Day on September 5, here are some of the best films that celebrate the teacher-student bond! Some of the tinseltown teachers are stern, others are charismatic and even flirtatious! However, all are nothing short of memorable!
04.09 / 12:23
Twitter film Instagram Actor star classical In memoriam: On Rishi Kapoor's 67th birth anniversary, Neetu Singh shares clips of his greatest hits; niece Kareena Kapoor pens emotional note
Kapoor. Hailing from the ‘first family’ of Bollywood, Kapoor starred in many classics such as ‘Bobby’, ‘Rafoo Chakkar’, ‘Prem Rog’, ‘Sagar’ etc. The icon breathed his last on April 30, 2020. On the 70th birth anniversary of the late star, several family members took to Twitter to pay tributes. Wife Neetu Kapoor shared several clips of his hit films such as ‘Kaarz’, ‘Chandni’, ‘Kapoor & Sons’ on Instagram, and wrote, “In remembrance (folded hands emoji)." The post received hearts from daughter Riddhima Kapoor and other celebs such as Ekta Kapoor, Saba Ali Khan, etc. Kapoor’s sister Riddhima also penned an emotional post on Instagram to her father. Sharing several pictures of the ‘Bobby’ star with herself and her brother Ranbir, she wrote, “Happy Birthday Papa (white heart emoji).
04.09 / 08:33
show Manipur govt files FIR against Editors Guild members for biased report on ethnic clashes
reality, meet the representatives of all communities, and then publish what you found. Otherwise, meeting some sections only and coming to a conclusion is highly condemnable. The State government has filed an FIR against the members of the Editors Guild who are trying to create more clashes in the state of Manipur...".
03.09 / 11:37
Waves BLOCK Waters Injustice stage voice Pro-Kannada outfits stage protests against release of Cauvery river water to Tamil Nadu
Cauvery river water to neighbouring Tamil Nadu, a pro-Kannada activist on Sunday warned of blocking the borders and stopping the screening of Tamil movies in the state. The activist also asked Tamil Nadu Chief Minister M K Stalin to «take away all the Tamils from Bengaluru» because they too consume water sourced from Cauvery river. All of Karnataka has to stand as one unit by speaking in one voice, Kannada Chalavali (Vatal Paksha) convener Vatal Nagaraj told reporters in Mandya. All pro-Kannada organisations and pro-farmer outfits should hit the streets in protest, he stated. «I am warning you, Stalin.

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