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Asian Games squad if they lose the upcoming trials for the World Championships, it will be proposed to the IOA's ad-hoc panel, a member of the committee said on Tuesday. Punia (men's freestyle 65kg) and Phogat (women's 53kg) were given direct entries for the quadrennial showpiece while other candidates in the remaining 16 Olympic weight categories went through gruelling trials on July 22-23 to book their places in the Indian team for the Hangzhou Games, beginning September 23. Punia, Phogat and four other wrestlers, who staged a sit-in protest at Delhi's Jantar Mantar from April 21 to May 28, had sought time till August 10 to prepare for the trials. However, the Olympic Council Asia (OCA) did not extend the deadline beyond July 23 for receiving wrestling entries by name. The IOA ad-hoc panel then decided to conduct trials but exempted both Punia and Phogat, triggering angry reactions from the wrestling fraternity, which alleged bias in the decision. «We will propose to the panel that only if Bajrang and Vinesh win the World Championship trials, only then they should be sent for the Asian Games, otherwise not. If Bajrang loses the trial then he will be on stand-by and the winner of the Asian Games trial (Vishal Kaliraman) will go,» Gian Singh, a member of the panel told PTI. As of now Kaliraman (men's freestyle 65kg) and Antim Panghal (women's 53kg) are standby players, having won the Asian Games trials in categories where Bajrang and Vinesh compete.

The buyback, to be done at a maximum price of Rs 3,000 per share, will involve 3.33 crore shares or 2.4% of the fully paid-up equity share capital. The buyback price is at a premium of 17% from the current levels. «The Board approved buyback of 3,33,33,333 of its fully paid-up equity shares of face value of Rs 2 each, from the members of the company at a maximum price of up to Rs 3,000 per equity share, subject to any increase to the buyback offer price as may be approved by the board, payable in cash for an aggregate consideration of up to Rs 10,000 crore,» the company said in a filing.

Tata Motors Q1 Results: Automobile major Tata Motors announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 25, reporting a consolidated net profit of ₹3,202 crore. The company's revenue from operations surged 42 per cent to ₹102,236.08 crore in the June quarter - surpassing the ₹1 lakh crore-mark in line with Street estimates. Analysts had expected stronger earnings led by improving margins and healthy sales in its British luxury arm Jaguar and Land Rover (JLR).

Enigma Ambier N8 is competitively priced, with a range starting from ₹1,05,000 to ₹1,10,000 (ex-showroom) depending on the buyer's location. Enigma Automobiles has already commenced online bookings for this new electric scooter. The N8 Thunderstorm model is available in five attractive colors, including Grey, White, Blue, Matte Black, and Silver.

Asian Paints slumped more than 4% in trade on Tuesday, witnessing their biggest fall in nearly 10 months after the release of the June quarter earnings. The stock was the worst performer on Nifty50 and was last trading below the Rs 3,400 mark. The selling was backed by high volumes of more than 2 million shares, way higher than the 6-month average volume of over 933,000 shares.

Yatharth Hospital IPO: The initial public offerings (IPO) of the Yatharth Hospital will open for subscribers on 26th July 2023 and it will remain open for bidders till 28th July 2023. the public issue has been offered at price band of ₹285 to ₹300. However, ahead of subscription opening date, the book build issue has made debut in the unlisted stock market.

Indian Railway Catering and Tourism Corporation (IRCTC) was down for almost three hours on Tuesday due to technical glitches. In a tweet at 10:03 am, the railway ticketing monopoly said its service was unavailable on the IRCTC site and the mobile app.

Off The Record Tour’ in India. The tour has been extended due to popular demand and will mark his first-ever performance in the country. Having achieved sold-out shows in the USA and Europe between 2022 and 2023, the 'Off The Record' Tour' is now set to captivate audiences in Asia, with its first stop in India, followed by Dubai.

IFM Investors’ growth private equity team has found a new target it likes in the utilities-focused software business Tally Group.

PI Industries Ltd. fell 1.55 per cent to Rs 3568.5 in Tuesday's session as of 01:49PM (IST) even as the equity benchmark Sensex traded 44.24 points lower at 66340.54. Earlier in the day, the stock witnessed a gap down start to the session.

Small-cap stock below ₹10: GG Engineering shares have been in uptrend for the last one month. After remaining under the sell off heat for long, this penny stock of the Indian stock market is trying to come out of the base building mode. In last one month, this small-cap stock below ₹5 has delivered more than 30 per cent return to its shareholders.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. That those who lean to opposite ends of the political spectrum think differently from each other is obvious.

«Quarter one would always be muted after a very good quarter four. I think in any year, quarter four is the best quarter and after that quarter will be muted and again it picks up from quarter two onwards,» says Girish Kousgi, MD & CEO, PNB Housing Finance.Just wanted to begin by understanding what is happening with respect to loan growth because if I have it right, the annual target that you had suggested for the year was a growth of around 17% to 18%. But this quarter, it was a little lower at around 11%. We do understand the seasonality, but would you be confident about that target of 17% to 18% growth?I think if you look at any year, quarter one would be muted both in terms of asset quality as well as growth.

IRCTC, the ticketing service is currently unavailable due to technical reasons. However, they have assured users that their technical team is actively working to resolve the issue. They intend to provide updates as soon as the technical problem is resolved.

ITC Hotels' share price to range between ₹15 to ₹27 after demerging its hotel operations into a new firm, named ITC Hotels where it will hold 40% ownership and the remaining 60% will be controlled by shareholders directly. ITC share price was down on Tuesday's trade for the second consecutive session. ITC stock price opened at intraday high of ₹469.95 apiece on BSE.

Canadian lithium explorer Critical Resources and carbon capture technologies business Dotz Nano were drumming up interest in equity raisings on Tuesday morning.

Federal Reserve’s Federal Open Market Committee (FOMC) which begins later in the day. The bias remained negative as the dollar index (DXY) was trading above the 101 mark and only strengthened in the last session leading to declines in bullion prices. The August gold futures were trading with minor gains at Rs 59,120 per 10 grams on the MCX when markets opened, up Rs 44 or 0.07%.

DLF reported a 12% year-on-year (YoY) jump in its June quarter net profit, Jefferies gave a 'Buy' while CLSA retained an 'Outperform' rating to the stock. Among domestic brokerages, Nuvama has a 'Buy' call while ICICI Securities recommended an 'Add'. Motilal Oswal took a 'Neutral' stance on the Gurgaon-based realtor.

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Gold rate today: Ahead of US Fed meeting and speculations about 25 bps rate hike, US dollar (USD) climbed to one week high putting gold, silver and other assets under pressure. Gold future contract for August 2023 expiry on Multi Commodity Exchange (MCX), opened lower at ₹59,241 per 10 gm levels and went on to hit intraday low of ₹59,055 levels within few minutes of commodity market's opening bell. In international market, gold price today bounced back from intraday low of $1,954 per ounce levels and hit intraday high of $1,963 levels during early morning trade in various Asian markets.

Bajaj Holdings & Investment Ltd. rose 0.88 per cent to Rs 7490.05 in Tuesday's trade as of 10:25AM (IST) even as the benchmark Nifty ruled at 19669.85, down 2.5 points. The scrip had closed at Rs 7424.9 in the previous session.