Cyril Amarchand Mangaldas News
20.10 / 18:47
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ACRE submits Anchor bid to buy 5 Zee Group accounts
ACRE) has submitted an anchor bid to acquire five non-performing loan (NPL) accounts associated with Subhash Chandra's Zee Group or Essel Group from JC Flowers ARC, offering ₹505 crore in cash against total outstanding debt of ₹1,350 crore. The bid indicates a recovery of 37%. JC Flowers Asset Reconstruction Company, which is managing the auction process as the trustee for JCF Yes Trust, has scheduled a Swiss auction on November 6 with a reserve price of ₹505 crore, based on the anchor bid.
20.10 / 18:47
markets
Airlines
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PAM
Afghanistan denies permission to Vistara's Frankfurt-bound plane to use airspace after bomb threat
Afghanistan authorities on Sunday did not permit a Frankfurt-bound Vistara plane to use its airspace as there was a bomb threat, forcing the aircraft to return to Delhi, according to sources. The flight UK25 from the national capital to Frankfurt in Germany was operated with a Boeing 787 aircraft and had more than 240 people onboard, they said. The sources in the know told PTI that the bomb threat was classified as «non-specific» and it was decided that the flight will continue its journey to Frankfurt. However, the Afghanistan authorities did not give permission to overfly its airspace since there was a bomb threat, the sources added.
20.10 / 18:47
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Daredevil: Born Again release date, plot, cast, episodes, villain: When will first episode premiere?
The announcement was made at New York Comic-Con. In «Daredevil: Born Again», actor Charlie Cox plays Daredevil, and Vincent D'Onofrio plays the villain Kingpin. Marvel's 'Daredevil: Born Again' is set to premiere on Disney+ on March 4, next year.
20.10 / 17:15
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Power plants may not need to install Sulphur removing gear as study shows emissions are not impacting air quality
flue gas desulphurisation (FGD) units at public sector coal-based power plants as a recent study found that sulphur dioxide emissions from Indian coal-based power plants were not adversely impacting ambient air quality. Niti Aayog, the government's premier think-tank, has held stakeholder consultations in this regard and is likely to recommend this in its final report by month end, officials said. The Aayog had made such a suggestion in a draft report, after which intensive consultations were carried out before firming up the view, they said.
20.10 / 17:15
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Harris, Trump duel over endurance as celebrities join campaign trail
Harris and Donald Trump invited star power to the campaign trail Saturday, as they took shots at each other's endurance and urged early voting in battleground states key to the ever-tightening US presidential race. At rallies in Detroit and Atlanta Harris brought out pop stars Lizzo and Usher respectively to warm up her crowds, while painting her rival Trump as exhausted and unhinged. The Republican running for a second go in the White House countered those accusations with a marathon speech in Pennsylvania, as billionaire Elon Musk campaigned for him elsewhere in the state.
20.10 / 16:23
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'Strong vibrations, chemical-like smell': Locals of Delhi's Prashant Vihar in panic after blast
Prashant Vihar area after the blast happened near a CRPF school. «It wasn't like a firecracker, the sound was incredibly loud. And for 15-20 minutes, there was just smoke everywhere,» said Kiran Sachdeva, a resident of the locality. Sachdeva, in her 60s, described the blast as an «earthquake-like» shock, and said her house was about 200-250 meters away from the site.
20.10 / 16:23
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Reliance Infra shareholder approve ₹6,000 crore fund-raising plan
Reliance Infrastructure on Sunday said its shareholders have approved the company's plan to raise Rs 6,000 crore through the preferential issue of shares and qualified institutional placement (QIP) route. Both proposals have received shareholders' approval, with over 98% voting in favor of the resolutions via postal ballot, the company said in a regulatory filing. Reliance Infrastructure's board, on September 19, had approved a Rs 6,000-crore fundraising plan.
20.10 / 15:25
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Gold loan NBFC Indel Money opens new NCD issue: Up to ₹150 crore on offer with attractive returns
NBFC Indel Money on Sunday announced the fifth public issue of secured NCDs of the face value of Rs 1,000 each. The issue opens on October 21, 2024, and closes on November 04, 2024 (with an option of early closure in case of early over-subscription). The issue includes a base issue size for an amount of up to Rs 75 crore with an option to retain oversubscription up to Rs 75 crore aggregating up to Rs 150 crore. The coupon yields up to 13.44% per annum with tenure ranging from 366 days to 66 months. The minimum application size is Rs 10,000 across all series of NCDs. The NCDs are proposed to be listed on BSE Limited
20.10 / 12:11
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Citi
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Ukraine strikes key Russian explosives manufacturer
Ukraine struck a manufacturer of military explosives deep inside Russian territory overnight, as well as storage infrastructure at a military airfield in the Lipetsk region, Kyiv's General Staff said in a statement on Sunday. Russian air defence units downed 110 Ukrainian drones over the country, Russia's defence ministry said, including one over the Moscow region, 43 over the border region of Kursk, and 27 over southwestern Lipetsk region. The Russian SHOT Telegram channel reported that drones attempted to strike the Ya. M. Sverdlov State Owned Enterprise in Dzerzhinsk city, Nizhny Novgorod region, about 400 km (250 miles) east of Moscow.
20.10 / 12:11
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Kashi will now emerge as big centre of healthcare: PM Modi after eye hospital inauguration
RJ Sankara Eye Hospital in his Varanasi Lok Sabha constituency. Reciting the Sanskrit couplet «Tamaso ma jyotirgamay (lead me from darkness to light)», Modi also said that he was feeling «blessed» to be back in Varanasi again. «For a long time, Kashi's identity has been that of a centre of religion and spirituality but now, it is also set to emerge as a big centre of healthcare with various top-of-the-line health treatment facilities now available in Varanasi,» the prime minister said.
20.10 / 11:55
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Forced to eat babies: Yazidi woman recalls horrific experience in ISIS captivity
Yazidi woman, Fawzia Sido, has made shocking revelations of her horrific captivity under ISIS. She and other prisoners were forced to each baby meat. Sido was taken from her home when she was just 11 years old during the Islamic State’s attack on her hometown of Sinjar, Iraq in 2014. While speaking to The Sun, Sido said that they were given a meal consisting rice and meat after days of starvation. The fighters did not inform them that the meat was from babies until they ate. “We were so hungry, we just ate,” she said, recalling the horrifying moment they realised the truth.
20.10 / 11:55
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Omar Abdullah is just creating unnecessary controversy: BJP General Secretary Tarun Chugh
Omar Abdullah for attempting to politicise and create controversy over restoring statehood to the region. Speaking to ANI, Chugh said «Prime Minister Narendra Modi and Union Home Minister Amit Shah have committed to restore statehood and he will fulfill his promise but the Jammu Kashmir CM Omar Abdullah has been doing politics continuously and has been creating unnecessary controversy.» On October 19, the Jammu and Kashmir Cabinet passed a resolution urging the Union Government to restore statehood of the Union Territory.
20.10 / 11:55
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Colleges
Will not allow dilution of AIIMS brand: J P Nadda
J P Nadda on Sunday said he would not allow any dilution in the standards of teaching and faculty at the new AIIMS and would protect the brand. Addressing the BJMFCON 2024, a forum of doctors from Bihar and Jharkhand practising in Delhi and NCR, Nadda said that AIIMS-Delhi was set up in the 60s and it was only in the 80s that it became a brand name. «It takes 10 to 20 years for any institution to grow and function in full swing. I will not allow the dilution of the standards of AIIMS and will protect the brand name,» he said. No compromise will be made in the faculty recruitment, he added. Nadda said that the groundbreaking ceremony for AIIMS-Darbhanga will soon be held, and the commissioning of AIIMS-Deoghar has been done with the recruitment of staff underway.
20.10 / 11:23
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International
Bomb threats or hoaxes? Over 20 Indian flights targeted in one day
Indian airlines received bomb threats, as reported by sources. Among the airlines affected are IndiGo, Vistara, Air India, and Akasa Air, including some international routes. IndiGo had six flights impacted by the threats, which included routes such as 6E 58 from Jeddah to Mumbai, 6E 87 from Kozhikode to Dammam, and flights 6E 11 and 6E 17 from Delhi and Mumbai to Istanbul, respectively. Other affected services included 6E 133 from Pune to Jodhpur and 6E 112 from Goa to Ahmedabad.
20.10 / 11:23
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No party post to accused in Gauri Lankesh murder case: Shinde-led Sena
Shiv Sena led by Maharashtra Chief Minister Eknath Shinde has stayed the appointment of Shrikant Pangarkar, an accused in the 2017 murder of journalist Gauri Lankesh, to any post in the party in Jalna district. Ahead of the Maharashtra assembly polls, Pangarkar joined the Shinde-led Shiv Sena on Friday in the presence of party leader and former state minister Arjun Khotkar. Khotkar earlier said that Pangarkar, a former Shiv Sainik, has returned to the party and has been nominated as the chief of the Jalna assembly poll campaign. A statement from the Shiv Sena on Sunday said that if Pangarkar has been given any party post in Jalna district, the decision has been stayed.
20.10 / 11:23
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Heavy rainfall expected in coastal India as cyclonic circulation moves towards Bay of Bengal
heavy rainfall as an upper air cyclonic circulation over the central Andaman Sea has moved to the North Andaman Sea on Sunday, the India Meteorological Department (IMD) reported. This circulation is expected to lead to the formation of a Low-Pressure Area over the East Central Bay of Bengal and adjoining North Andaman Sea in the next 24 hours. According to the IMD, «It is very likely to move west-northwestwards and intensify into a depression by October 22 morning and into a cyclonic storm by October 23, over East Central Bay of Bengal.»
20.10 / 11:23
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cricket
New Zealand W vs South Africa W T20 Live Streaming: Where and how to watch Women's T20 World Cup final
New Zealand and South Africa in the Women's T20 World Cup in Dubai on Sunday. No South African or New Zealand — be it men or women — team has ever won a world cup. In the women's tournament, Australia have won six of the eight editions and South Africa beating them in the semi-final was historic in many ways. England in 2009 and the West Indies in 2016 are the only teams that have managed to win the tournament. The final is expected to be a fitting conclusion to a tournament that has showcased a mix of excellent and average cricket, following its relocation to the United Arab Emirates due to political issues in Bangladesh.
20.10 / 11:23
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Investigations
Delhi blast: Material used for explosion resembles crude bomb, say police; investigation underway
CRPF) school in Rohini, Delhi, resembles a crude bomb and there is a foul smell to it, told sources at the Forensic Science Laboratory to ANI. However, a clarity will be received once a proper forensic study is done. Additionally, a team of National Investigation Agency (NIA), as well as personnel from the National Disaster Relief Force arrived at the site of explosion. National Security Guard (NSG) commandoes were also present at the site to assist in a probe by Delhi Police. A forensic team has examined the site and collected samples.
20.10 / 09:43
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Under PM Modi's leadership, India to be among top 10 performing countries in sports: Mansukh Mandaviya in Kerala
Mansukh Mandaviya on Sunday said that the nation is progressing forward under the leadership of the PM, who has set a target of making India a 'Viksit Bharat' by 2047. India is set to become one among the top ten performing countries in the world in the field of sports, said the minister inaugurating the upgraded SAI Golf Course at Kowdiar, Thiruvananthapuram. The Union Minister also emphasized the significance of the Trivandrum Golf Club as a cherished community and a symbol of sporting excellence.
20.10 / 08:47
markets
Digital
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Election
BABA
PAM
Aam Aadmi Party announces candidates for by-polls on four assembly seats of Punjab
Aam Aadmi Party (AAP) on Sunday, announced its candidates for all four assembly seats in Punjab that will face by-polls on November 13. The party has nominated Gurdeep Singh Randhawa for the Dera Baba Nanak assembly seat. AAP has fielded Ishaan Chabbewal for the Chabbewal seat, Hardeep Singh Dimpy Dhillon for Gidderbaha, and Harinder Singh Dhaliwal for Barnala.
20.10 / 08:47
markets
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Ball
testing
bowling
WTC points table update: What are India's chances to play WTC final after losing to New Zealand
New Zealand on Sunday registered a historic Test win in India after 36 years as the beat the hosts by eight wickets in the first Test at Bengaluru in a rain curtailed match. Chasing a modest total of 107 to win, New Zealand started the day on a bad note, losing a wicket of the second ball. However, Will Young battled a stunning spell of fast bowling from Jasprit Bumrah and Mohammed Siraj to reamain unbeaten on 48. Rachin Ravindra followed up his first innings century with 39 not out off just 46 balls.
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