Cover Financial News
21.01 / 06:13
UPS
IPO
Manufacturing
Diversity
country
cover
Bansal Wire Industries files DRHP to raise ₹745 crore via IPO
₹745 crore through an Initial Public Offering (IPO). The proposed IPO consists solely of a fresh issue of equity shares, with no component involving an Offer-For-Sale (OFS), as outlined in the DRHP filed on Thursday. Also read: Upcoming IPOs: 1 main board, 5 SME public issues to open next week; check full list here Approximately 50% of the issue is reserved for qualified institutional buyers, 35% for retail investors, and 15% for non-institutional investors.
21.01 / 01:57
UPS
Actor
show
cover
Inside
social
Updates
Ayodhya Ram Mandir Pran Prathistha: Images of newly built temple released ahead of consecration ceremony
LIVE Updates here The new images show the inside of the ornate temple lit up and decorated with flowers ahead of the consecration ceremony. The first photo of the new Ram Lalla idol, covered with a cloth, emerged on social media late on January 18 night. Subsequently, images without the cover circulated on various social media platforms.
20.01 / 20:01
Platform
Photos
show
cover
Inside
social
Investigations
Ram temple chief priest demands probe after full-face photo Ram Lalla idol goes viral
chief priest of the Ram temple here on Saturday demanded an investigation after photographs purportedly showing the uncovered eyes of the idol of Ram Lalla were leaked before its January 22 consecration. The first image of the new idol placed inside the sanctum sanctorum of the temple with eyes covered with a cloth had surfaced on social media late Thursday night.
20.01 / 16:29
UPS
Booking
trends
performer
cover
reports
ICICI Bank management on Q3 earnings performance
₹10,272 crore, up nearly 24% year-on-year but flat sequentially, surpassed analysts' estimates of ₹9,950 crore, as polled by Bloomberg. Here is what the management had to say about various performance metrics: Concerns around slowing growth in current and saving accounts (CASA) remained. The bank’s CASA deposits grew 3.8% year-on-year to ₹5.3 trillion, translating to a little under 40% of overall deposits.
20.01 / 11:35
markets
security
Research
trends
Experts
cover
recommendations
Nifty Bank snaps 4-days of decline to reclaim 46K; next hurdle seen at 46,300
Nifty Bank index snapped its 4-day losing streak on Saturday to close in the green, above the psychological resistance of 46,000. The index rose over 350 points while the Nifty50 closed 50 points lower at 21,571 on Saturday. “Amid rising optimism about AI, US markets surged over the weekend. However, domestic markets exhibited a subdued trend influenced by extended holidays, low volumes, and weekly options expiration,” said Vinod Nair, head of research at Geojit Financial Services. “Profit-booking was noted in IT and FMCG, while private banks witnessed selective buying post the recent sharp correction and stable Q3 earnings,” he said. The rally in the Nifty Bank index was led by gains in PNB, Kotak Mahindra Bank, IDFC First Bank, AU Small Finance Bank, among others. Some selling was seen in IndusInd Bank and Federal Bank. The Nifty Bank opened higher, but the momentum fizzled out soon, which took the index towards 45,640.
20.01 / 11:09
UPS
Waters
ICE
Trade
cover
Traffic
How viable is Arctic shipping?
Houthis, a Yemeni rebel group, are attacking commercial vessels. As a result far fewer ships are using the Suez Canal, a shortcut from the Indian Ocean to the Mediterranean Sea. The volume of trade passing through the Panama Canal, which connects the Atlantic and Pacific Oceans, has declined by 30% since November, after severe drought hit its reservoirs, lowering the water level.
20.01 / 07:09
UPS
Manufacturing
Mobile
cover
electronic
rights
Pharmaceuticals
PLI 2.0 in Budget 2024: Pushing the envelope towards ‘Making for the World’
Budget expectations: India’s tryst with manufacturing has finally taken a leap of faith. The country’s ambition to become a $10 trillion economy by the turn of this decade is helping reinvent the real potential of its manufacturing sector.
20.01 / 02:53
Mobile
Election
community
cover
information
volunteers
After Bihar, Andhra Pradesh government begins 10-day-long caste census
Assam CM calls for caste census among Muslim community, says ‘crucial for…' During the ‘caste survey’, volunteers will visit every home to collect the caste details, which will be relayed to the village secretariat system. In the village secretariat system across the state will verify the accuracy of the information collected by the volunteers and correct it, if necessary, before making the final record.
20.01 / 02:53
Citi
Booking
Fighting
performer
beautiful
cover
exclusive
Pran Pratishtha: Ram Mandir gets world’s most expensive Ramayana worth ₹1.65 lakh; here’s why it’s special
Ayodhya is set to host a unique treasure, a Ramayana edition priced at ₹1.65 lakh, in time for the Pran Pratishtha ceremony of the Ram Mandir on January 22. Bookseller Manoj Sati brought this special edition to Ayodhya. Crafted with exquisite materials, the book's design mirrors the three floors of the under-construction Ram Temple.
19.01 / 17:53
COST
Citi
Provident
security
cover
reports
Relationships
play
View: ICAI must play a positive role by rolling out a standard PMLA solution
reporting entities (REs) under Prevention of Money Laundering Act (PMLA) 2002 to include practising chartered accountants, cost accountants and company secretaries. This is a welcome step, as many were found involved in money laundering activities, sometimes unknowingly. Auditors and legal professionals had been left out of the scope of this notification. The scope of activities for such reporting leaves out traditional practices like:
19.01 / 15:25
Photos
Universities
cover
Inside
gatherings
Courts
Ayodhya Ram mandir ceremony: Jamia Millia Islamia University in Delhi to remain shut for half day on Jan 22
circular read. The Ayodhya Ram temple's consecration ceremony is being held after the first phase of the temple’s construction, made possible by a historic Supreme Court judgment in 2019 on the temple-mosque dispute. The “pran pratishtha" event is set to take place on January 22.
19.01 / 13:09
Photos
Celebrity
poverty
performer
cover
Inside
Ayodhya Ram temple opening: Maharashtra declares public holiday on January 22
Ayodhya Ram temple opening: The Maharashtra government has reportedlt declared a public holiday on the day of the inauguration of Ayodhya's Ram Mandir on January 22. A notice declaring the state-wide holiday was shared by news agency ANI on Friday. The Ayodhya Ram Temple's 'pran pratishtha' ceremony is set to take place with grandeur on January 22.
19.01 / 11:17
Yellow
RAI
cover
reports
medicines
Ayodhya Ram Mandir news: First look of Ram Lalla's idol revealed ahead of Pran Pratishtha ceremony
Ayodhya Ram Temple news: The face of the Ram Lalla's idol at the Ayodhya Ram Janmabhoomi temple was revealed on Friday. The first image of the Ram Lalla idol became public just three days before the 'pran pratishtha' ceremony here on January 22. In the picture released by Vishva Hindu Parishad (VHP), Ram Lalla is in a standing posture.
19.01 / 09:11
COST
Provident
FIVE
Assurant
track
cover
Medical Insurance: Looking to widen the sum assured? Here are 5 effective ways to have better protection
medical insurance policy year after year. Those policyholders who bought their insurance policy four to five years ago should make sure that the sum assured of their policy is in tune with growing inflation and rising medical costs. There are several ways to expand your sum assured.
19.01 / 09:11
Election
Limelight
cover
travelers
Colleges
Assam CM Himanta Sarma warns ‘2 bad elements will be arrested after…' as Congress' Bharat Jodo Nyay Yatra reaches Majuli
Assam Chief Minister Himanta Biswa Sarma surged on the second day in the state. On Friday Jorhat Police registered a case against some individuals associated with the Congress' ongoing Bharat Jodo Nyay Yatra for alleged deviation from its original route. On Friday, sharpening his dig at the “Miya Yatra", Bhartiya Janata Party (BJP) leader and Assam CM Himanta Biswa Sarma said that he had asked the Congress leaders “not to pass through Guwahati, as it has medical colleges and hospitals".
19.01 / 06:47
Progressive
Diversity
cover
travelers
Rattled by people's response, Assam CM trying to derail Bharat Jodo Nyay Yatra: Congress
Himanta Biswa Sarma was trying to derail the Rahul Gandhi-led Bharat Jodo Nyay Yatra in the state, senior Congress leader Jairam Ramesh alleged on Friday morning. Ramesh, the party's general secretary, asserted that the Yatra will, however, continue with its itinerary in the state for another six days as scheduled. «It is abundantly clear that the Assam CM is rattled and is nervous by the tremendous response being received by the Bharat Jodo Nyay Yatra over the past 2 days in Assam,» he posted on X as the entourage reached Majuli island.
19.01 / 06:47
Provident
MET
Rust
cover
Department
Wheat production likely to be good this year: Agriculture Minister Arjun Munda
Agriculture Minister Arjun Munda. The sowing of wheat, the main rabi (winter) crop, that began in October has been completed. Uttar Pradesh, Madhya Pradesh, and Punjab are the top three states having the maximum area under wheat coverage.
18.01 / 23:15
UPS
Citi
Bill
students
cover
Schools
Nebraska Gov. Jim Pillen backs anti-LGBTQ bill and tax cuts in state of the state address
Nebraska Gov. Jim Pillen covered everything from the state’s response to recent winter storms to his support for a bill to limit transgender students' access to bathrooms in his state of the state address
18.01 / 19:03
COST
Digital
Progressive
cover
Department
rights
Telco body seeks USOF, tax reliefs in FY25 Union Budget
₹77,000 crore) is exhausted. Further, license fee should be brought down from 3% to 1% at the earliest, to cover only administrative costs by the department of telecommunications," a statement by Coai said.
18.01 / 18:25
markets
Extreme
Research
MSCI
trends
Trade
cover
FPIs’ bear flip may maul markets more
₹20,384.2 crore of cash shares, turning net sellers of ₹3,852 crore so far this month. The National Stock Exchange’s Nifty marked a life high of 22,124.15 points on Tuesday, when FPIs held a cumulative net bullish position of 79,599 contracts in index futures (Nifty and Bank Nifty). However, they unwound all their bullish bets and turned net short by 4,659 contracts on Thursday, coinciding with the market pulling back almost 3% from the high to close at 21,462.25, thanks to a bloodbath in HDFC Bank Ltd shares.
18.01 / 18:25
COST
Provident
Digital
country
cover
travelers
International
Flights delayed or cancelled: Know how travel insurance can help
₹19 lakh. As he had a cover of $100,000, the same was covered under his international travel insurance policy. Claims due to emergency medical treatment are in fact the third most common claims at Digit.
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