City Sanjeev Financial News

The Thakur Sukhvinder Singh Sukhu government in Himachal Pradesh Tuesday ordered all schools and colleges to remain closed on August 16 in the wake of incessant rain in the state. The order said all schools and colleges, government as well as private, will remain closed on Wednesday. The order was issued keeping in view the safety and security of students, the authorities stated In a statement.

More people are feared trapped under the debris of the Shiv temple in Shimla's Summer Hill area. The shrine was crowded with devotees, offering prayers on an important day of the holy month of Sawan. This was one of the two landslides reported from the state capital which is still witnessing intense rain.

Himachal Pradesh, said Deputy Commissioner Aditya Negi on Monday, adding that the rescue operation is still underway to take out people trapped under the debris. “15 to 20 people feared buried in two incidents of landslide in Shimla, rescue operations underway," Negi said as quoted by the news agency PTI. In Solan, a cloudburst in Jadon village left seven members of a family dead, according to police officials.

Info Edge founder Sanjeev Bikhchandani said that his decision to invest in Rahul Gandhi's realty tech startup 4B Networks was a ‘mistake’, according to media reports. Speaking to analysts here, Bikhchandani said, “We all make mistakes sometimes.

₹296 crore in the June quarter mainly due to higher revenues, the company said on Friday. The company reported a net profit of ₹147 crore in the quarter, a statement showed. Total revenues of the company rose to ₹2,509 crore in the quarter under review from ₹2,053 crore in the year-ago period.

₹3,100 per quintal for rice under the so-called open market sale scheme domestic (OMSS-D), which did not find many takers given that it was priced above market rates. Buyers on Wednesday picked up only 1,500 tonnes, and a total of 495 tonnes in the previous five auctions, prompting government to cut the base price by ₹200 a quintal. The new reserve price will take effect from next week’s auction.

₹2 per kg to ₹29 per kg under the Open Market Sale Scheme (OMSS). The move comes amid few takers for the food grain at ₹31 a kg. The Food Corp.

Vaibhav Taneja, American electric vehicle maker Tesla's new chief financial officer, is the latest India-born executive to take up a key leadership role at a marquee global corporation. On Monday, Tesla named Taneja, an alumnus of Delhi University, after Zachery Kirkhorn, who was famously described as 'Master of Coin' by founder Elon Musk, stepped down following a 13-year stint at the company. The 45-year-old's appointment comes at a time when Tesla is reviving its plans to enter India, where Musk in June said the company was looking to invest «as soon as humanly possible». Taneja joined Tesla in 2017 as an assistant corporate controller, and was promoted to its corporate controller and, in March 2019, to chief accounting officer. He will continue to be the company's chief accounting officer, along with holding the new role of the CFO.

economic advisory council to the Prime Minister, Sanjeev Sanyal said Tuesday, two days before the Reserve Bank of India's August monetary policy announcement. The six-member monetary policy committee of the central bank began its meeting Tuesday. The committee members are expected to focus this time more on tomato and green chilli prices, which surged last month, leading to a rise in consumer price index (CPI) for the first time in five months.

NEW DELHI : The theatrical business is starting to show green shoots of recovery buoyed by a slate of successful films from Hollywood such as Mission: Impossible Dead Reckoning Part One, Oppenheimer and Barbie and Hindi romantic comedy Rocky Aur Rani Kii Prem Kahaani. Theatre owners and producers say that the success, especially of the seemingly niche American titles underlines the willingness of audiences to come to theatres, as long as there is compelling content.

The Whyalla steelworks and other parts of Sanjeev Gupta’s Australian operations have been freed from the control of lenders almost two years after the British businessman faced losing the assets in the collapse of Greensill Capital.

Manohar Lal Khattar on Tuesday termed the Nuh violence as «unfortunate» and said the attack on a VHP procession was «well-planned which pointed to a larger conspiracy». Five people have been killed in the violence that erupted on Monday. Four people, including two home guards, died and many others injured in Nuh, where mobs tried to stop a Vishva Hindu Parishad (VHP) procession, while a naib imam was killed at a mosque in Gurugram.

Narendra Modi, who held meetings with NDA MPs on Monday as a gearing-up exercise for the 2024 general polls, asked them to focus on local issues, stay connected with the people and and bring the disgruntled leaders to the party-fold, sources said. Attacking the newly-formed opposition alliance (INDIA), Modi said changing outfits will not change its character. Besides the construction of the Ram Temple and abrogation of Article 370, the PM asked the MPs to keep the electorate aware of the many developmental works .

Himachali Rasoi restaurant, located in Middle Bazaar adjacent to the fire brigade office, was such that it shattered windowpanes of several shops in the vicinity. The report put to rest speculations of sabotage as no remains of explosive material were found.

PM Modi’s interaction with NDA MPs starting from July 31 to August 10. A total of 430 MPs have been divided into 11 groups and Modi will hold a meeting with each group separately for an hour. On July 31, the first two meetings shall take place in Delhi.

Nazibur Rahman Bora surrendered before the police after killing his wife Sanghamitra Ghosh and in-laws (Sanjeev and Junu Ghosh), Assam police said. «The accused has surrendered before police. He confessed that he had committed the crime.

The chief executive of a Spanish pipe manufacturer has been appointed as the new boss of InfraBuild, the local steel business regarded by analysts as the best performing asset in Sanjeev Gupta’s global GFG Alliance.

By Sanjeev Kumar

NEW DELHI : A showdown between two high-profile Hollywood films, Oppenheimer and Barbie, has brought some much-needed cheer to the Indian box office after months of lacklustre sales. Moviegoers flocked to theatres, despite the absence of major Hindi or regional movie productions or popular stars. Film trade experts estimate Christopher Nolan’s Oppenheimer to achieve net box office collections of around ₹50 crore during its opening weekend, while Greta Gerwig's Barbie is projected to reach approximately ₹20-25 crore.

Delhi High Court has directed the Delhi Jal Board (DJB) to ensure regular supply of fresh drinking water to the inhabitants of Bhalswa resettlement colony here which is located near a landfill. A bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula granted four weeks' time to the counsel for the DJB to file a detailed status report in the matter.

In what’s shaping up to be the biggest weekend for Hollywood at the box office after many months, Christopher Nolan’s Oppenheimer and Greta Gerwig’s Barbie are set to engage in a theatrical clash, generating immense excitement not only for the viewers in their home market but also among Indian fans. Nolan’s devoted fan base and the movie’s positioning as a big-screen spectacle shot on IMAX are helping the epic Robert Oppenheimer biographical thriller dominate advance ticket sales in India.