Metro Financial News

Also Read: Ganesh Visarjan 2023: Ganesh Chaturthi 10 day festivities to draw to a close. Details about muhurat date and time here Within the jurisdiction of the Azad Maidan traffic division, there will be a suspension of vehicular traffic on Mahapalika Marg on Thursday. Instead, traffic will be rerouted from CSMT Junction, passing through D.N Road and L.T Marg, leading to Metro Junction.

I am renting a house in Mumbai and my parents live in another rented property. I am paying the rent for both houses and have the agreement and rent receipts. Can house rent allowance (HRA) be claimed for multiple properties? —Name withheld on request HRA exemption is allowed under section 10(13A) of the Income Tax Act.

Former Chrysler CEO Bob Nardelli discusses the ongoing negotiation talks between the UAW and the Big Three automakers on 'The Claman Countdown.'

DTC likely to sign a contract for procuring electric buses within this week, an official said on Wednesday. The mohalla bus service, announced in the 2023-24 Delhi budget, aims to deploy shorter nine-metre electric buses to boost last-mile connectivity in areas with roads that have less width or are crowded. «We are likely to sign a contract with the e-bus manufacturers this week or early next week for procurement of buses.

REC jumped 6% to Rs 284 in Wednesday's trade on BSE after the firm signed a memorandum of understanding (MoU) with Punjab National Bank (PNB) to jointly fund projects in the power sector and infrastructure & logistics sector. The collaboration aims to co-finance debts totalling Rs 55,000 crore over the next three years under a consortium arrangement. At 11.26 a.m., the scrip was trading 5.6% higher at Rs 282 on BSE. On a year-to-date, it has delivered multibagger returns of 135%, while it has rallied nearly 200% in the past one year. As per Trendlyne data, the average target price of REC is Rs 261, which shows a downside of 8% from the current market prices.

₹5,512.50 crore in October 2020. Earlier this week, RIL's retail arm received the full subscription amount of ₹2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Also read: Reliance Retail in talks with Gulf, Singapore funds on $1.5 billion investment: Report Following the share allotment, KKR's shareholding in RRVL has increased to 1.42% from 1.17%.

NEW DELHI : While the Indian film industry is showing signs of recovery, high ticket prices in multiplexes, particularly for big-budget releases such as Jawan, are a point of concern given the possible impact on the movies’ earnings, especially in small towns of north India. Unlike south India, where ticket prices are capped, no such restriction exists in the Hindi-speaking belt.

₹55,000 crore over next three years, said a statement from REC. The Maharatna NBFC, REC, has diversified its portfolio towards infrastructure and logistics in FY23.

Relative Strength Index (RSI) stands out as a critical tool. On September 25, Monday, StockEdge identified 26 stocks with a declining RSI, and ETMarkets has chosen 10 among them for a closer examination. Before we explore the stocks, let's gain a deeper understanding of RSI and why it's crucial for assessing stock movements. The Relative Strength Index, or RSI, is a momentum oscillator that measures the speed and change of a stock's price movements. RSI values typically range from 0 to 100, with readings above 70 suggesting overbought conditions and readings below 30 indicating oversold conditions. Now, let's explore the 10 stocks that had a declining RSI on September 25:1) Aarti Industries Ltd. (AARTIIND) RSI: 49.81 Previous RSI: 51.632) Hindustan Petroleum Corporation Ltd. (HINDPETRO) RSI: 49.79 Previous RSI: 50.383) Eicher Motors Ltd. (EICHERMOT) RSI: 49.71 Previous RSI: 52.84) City Union Bank Ltd. (CUB) RSI: 49.66 Previous RSI: 50.425) FSN E-Commerce Ventures Ltd. (FSN) RSI: 49.41 Previous RSI: 50.936) Jamna Auto Industries Ltd. (JAMNAAUTO) RSI: 49.29 Previous RSI: 51.647) Linde India Ltd. (LINDEINDIA) RSI: 49.22 Previous RSI: 51.568) Metro Brands Ltd. (METROBRANDS) RSI: 49.11 Previous RSI: 56.279) Oracle Financial Services Software Ltd. (OFSS) RSI: 48.32 Previous RSI: 53.3210) Hindalco Industries Ltd. (HINDALCO) RSI: 48.23 Previous RSI: 54.32 Data regarding stocks with declining RSI trends on September 26, Tuesday, will be updated later today. (Disclaimer: This is an AI-generated article.

Bengaluru bandh called by various organisations over the Cauvery river water dispute evoked partial response on Tuesday with most of the public services functioning normally. Farmers and Kannada organisations, backed by the opposition BJP and JD(S) had made the call for shutdown in protest against the release of Cauvery water to neighbouring Tamil Nadu. Normal life was affected in the city as fewer people ventured out. 'Karnataka Jala Samrakshana Samiti,' an umbrella outfit of farmers' associations and other organisations led by farmer leader Kuruburu Shanthakumar, has given the call for today's dawn-to-dusk (6 am to 6 pm) Bengaluru bandh. Shanthakumar and other leaders of the 'Karnataka Jala Samrakshana Samiti were detained by the police at the Mysuru Bank circle, as they were trying to hold a protest march towards Town Hall. Several activists of Kannada organisations were also whisked away by the police at Town Hall, as they gathered there to stage a protest. Farmers' leaders and Kannada activists hit out at the government for allegedly using police force to curtail the protests and bandh. City police have taken adequate security measures to respond to any violence that may happen during the protests.

Delhi Metro coach. Notably, lighting up a cigarette or beedi in the metro is an act that can lead to legal repercussions. The incident came to light through a video that has rapidly made rounds on social media platforms.

top penny stock picks and the top microcap stock picks of India's biggest insurer Life Insurance Corp (LIC). Today, let's go over LIC's top small-cap holdings, further broadening our search for these smaller market players. Investing in small-cap stocks can be a lot like searching for hidden gems in the market.

festive season and are also willing to increase their spending this year, says a survey. According to the Amazon India commissioned survey by Nielsen Media, based on a sample size of 8,159 consumers across metro and smaller cities, found that 87 per cent of consumers in metros and 86 per cent across tier-2 cities (population 10-40 Lakh) prefer to shop online this festive period. As per the survey, «81 per cent of consumers intend to shop online during this festive season.

Tamil Nadu, two bandhs have been called this week — in Bengaluru tomorrow, and statewide on Friday. The announcement for the Karnataka bandh on September 29 was made on Monday, under the banner 'Kannada Okkuta' — led by Kannada activist Vatal Nagaraj, days after the 'Karnataka Jala Samrakshana Samiti', an umbrella outfit of farmers' associations and other organisations led by farmer leader Kuruburu Shanthakumar gave the call for Tuesday's Bengaluru shutdown. The two bandhs reflect the divide among the farmers and pro-Kannada organisations, and has also now led to a confusion about who is supporting the bandh on which day, and whether services will be available tomorrow. While Shanthakumar has said that they will go ahead with the Bengaluru bandh on Tuesday, Vatal Nagaraj, who has called for a state bandh on Friday, made it clear that Kannada Okkuta is not supporting tomorrow's bandh. Shanthakumar said they have received support from a number of organisations for their bandh call tomorrow and will go ahead with it. «We will come in a protest to Bengaluru's Freedom Park and stage a demonstration there with our demands. The state government, the chief minister, will have to receive our memorandum.

Cauvery water to Tamil Nadu, several pro-farmer and pro-Kannada organisations have called for a complete 'Bengaluru bandh' tomorrow (September 26). The discontent over the government's move has prompted widespread participation in this city-wide protest. Local transport organizations have joined in solidarity with the ongoing agitation, further intensifying the expected impact on normal life in the nation's prominent IT hub. The bandh, scheduled for Tuesday, is anticipated to disrupt daily activities across the city.Here's what you need to know about what will remain open and what will remain shut on that day:What's open

The covid pandemic is over and it’s now business as usual. Cities have sprung back to life as people return to office. And, so have the huge traffic snarls, as people travel from home to office and back during rush hour. Meanwhile, young professionals are looking for cost-efficient and convenient ways to commute to their offices. Many of them are carpooling to hitch a more comfortable ride.

WhatsApp are the next engine of growth and key priority for Meta in India, its top executive said exuding confidence that the company is «just getting started» given the «immense headroom» here, as more businesses digitise and transform. Businesses across the board are innovating and using WhatsApp to reach new audiences with sectors such as banking, e-commerce, gaming and small businesses taking the lead, Sandhya Devanathan, Vice President, Meta India, said. Businesses all across are innovating right from bill payment to sale of metro tickets, or banks sending statement balances, she said citing instances of how companies are embracing WhatsApp.

Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of Rs 2,069.50 crore from the global investment firm KKR and has allotted 1.71 crore equity shares. Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per cent. «Reliance Retail Ventures Ltd today received the subscription amount of Rs 2,069.50 crore from Alyssum Asia Holdings II Pte.

Fidias Panayiotou, a popular YouTuber and social media comedy sensation, is now in the spotlight of the Bangalore Metro Rail Corporation Limited (BMRCL) for allegedly riding the city's mass transit system without a valid ticket and flaunting this act on his social media platform. Fidias, a Cyprus-based content creator, who humorously labels himself a 'professional mistake maker' on his social media profiles, boasts a substantial following of over 2.26 million subscribers on his YouTube channel. Recently, he shared a video titled 'How to sneak into the Indian Metro,' which quickly went viral. The BMRCL's Managing Director, Anjum Parwez, expressed strong disapproval, stating, «I have seen the video of a person entering the platform without a ticket and traveling on the Metro.

A post shared by Fidias Panayiotou (@fidias0) Many on social media however were less than impressed by his antics. While some called for other users to tag the Bengaluru Police others were convinced Panayiotou had ‘given bribes to security guards for this video’.

PTI. The pro-Kannada organizations even appealed to schools, colleges, shopkeepers, owners of various commercial establishments, factories, companies, and transporters to support their call for a shutdown. On Saturday, the official call for shutdown in Bengaluru was given by farmers and pro-Kannada outfits observing 'Mandya Bandh.' As per details, farmers' leader Kuruburu Shanthakumar appealed to schools, colleges, IT companies, and the film chamber to declare a holiday.