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MUMBAI : Shares of Zee Entertainment Enterprises Ltd may open 10% lower on Tuesday and fall further, market participants said, as the termination of its merger with Sony Corp. group’s Indian entity sparks block deals and liquidation of long positions. Mutual funds including Aditya Birla Sun Life MF, Kotak MF, ICICI Prudential MF and Nippon India MF, hold 32.49% of Zee’s equity, while insurance companies like Life Insurance Corp., SBI Life and HDFC Life Insurance Co., hold 10.66% and foreign portfolio investors, including Norges Bank and Vanguard, etc., hold 28.19% as of the December quarter end.

Air Canada flight from London, England, to Toronto allegedly tried to open the aircraft doors midflight on Sunday, according to the airline and police.In a statement, Air Canada said there was an incident involving a “disruptive passenger” on the Toronto-bound flight from London’s Heathrow airport.Air Canada said their crews were able to manage the situation with the passenger, which allowed for the flight to continue normally to Toronto Pearson Airport.The flight landed in Toronto just after 3 p.m.

Budget 2024 Expectations: The increased tax buoyancy as reflected in both income tax and GST monthly collection data will provide headroom to the government to allocate more funds for farmers and social sector schemes in the forthcoming interim budget, without sacrificing fiscal prudence, sources said. The focus in the interim budget, which will be the last major economic document of the Modi 2.0 Government ahead of the general elections, is likely to be on the issues being faced by poorer sections of the society, especially in rural areas.

markets advanced on Monday at the opening bell, after another tech-driven rally on Wall Street before the weekend.

Catch all the Ayodhya Ram Mandir Inauguration Live UpdatesView

Banks in Imphal, Kanpur, Lucknow, and Panaji will remain closed on Monday, January 22 on account of the consecration ceremony of Lord Shri Ram in the temple built in Shri Ram Janmabhoomi complex/Imoinu Iratpa, as per the RBI holiday calendar. These are holidays under the Negotiable Instruments Act. Bank branches of private banks in Uttar Pradesh will be closed on January 22, 2024 (Monday).

Himanta Biswa Sarma's claim that he was scared of him, Congress leader Rahul Gandhi on Sunday countered saying that the former was afraid of his alleged corruption being uncovered. At press conference earlier on Sunday, the Assam CM said, «Rahul Gandhi pehle toh mujhse darta tha, ab mere bacche se bhi darna shuru kar diya (Rahul Gandhi is not just scared of me but also my child).» Hitting back at the BJP leader, Rahul said, «He is making such statements as he is scared. He afraid of his corruption coming out in the open.» Adding that he will deputing all the newly recruited commandos in the area through which Rahul's 'Bharat Jodo Nyay Yatra' would pass on Monday, the Assam CM added, «Muslim women will not turn out for his yatra, as our government has implemented many development schemes for them.» He informed that all educational institutions, including government schools, will remain closed for the entire day to mark the 'Pran Pratishtha' of Shri Ram Lalla in Ayodhya. «All educational institutions, including government schools, colleges, and universities will remain closed for the entire day tomorrow.

Ram Mandir Inauguration: Several government and private organisations have declared full or half-day holiday on January 22 on account of Ram mandir Pran Pratishtha ceremony. The nation is all set to witness the grand consecration ceremony or «pran pratishtha» of the Ram temple in Ayodhya on Monday, January 22. As the preparations to celebrate the «historic» day are underway across the country, here's a quick recap of what's open and what's closed on the day of the Ram temple ceremony. Stock market The stock market will remain shut on Monday. In a circular, the National Stock Exchange said the currency derivative segment will remain closed on January 22. The Indian stock market will have a full trading session on Saturday, January 20, it added. Money market Money markets will remain closed on January 22, announced the Reserve Bank of India (RBI) on Friday. There will be no transactions and settlements in government securities (primary and secondary), foreign exchange, money markets and rupee interest rate derivatives on that day, the RBI said in a fresh circular. Govt offices and institutions ➤ The central government declared a half-day closure for all central government offices, Central Institutions, and Central Industrial Establishments across the country on Monday, January 22.

Medi Assist IPO: What GMP signals as listing date fixed on 23rd January Medi Assist Healthcare's public offering garnered a robust subscription, reaching 16 times the offered shares by the closing date. The company is now preparing for listing on January 23. Concurrently, the IPO for Epack Durables commenced on January 19, with bidding available until January 23 for interested investors.

AIIMS), Ram Manohar Lohia Hospital in New Delhi have announced a half-day closure of its offices and institutions tomorrow till 2.30 pm as Ram Lalla 'Pran Pratishtha' at Ayodhya will be celebrated across the country. However, all critical clinical services will continue their operations. OPD services in Lady Hardinge Medical College will remain open from 8:00 am to 10:00 am.

investments in generative AI (artificial intelligence), incentives from the government and open-source content can boost employment generation and reduce disparities in the country, say experts. Generative artificial intelligence refers to the use of new-age technology to create new content like text, images, music, audio, and videos. «Generative AI will boost new job roles and can help people with limited skill levels perform higher level jobs, thus reducing the economic divide», said Vishal Talwar, Director, IMT Ghaziabad in a statement.

banking sector, contributing to a decline in shares of a competitor in recent days, Bloomberg reported. The shares of ICICI Bank closed 2.55% higher at ₹1,011 per piece on January 20, against previous close at ₹986.35 on January 19. The stock has gained nearly 1.45% in the last six months and 16.04% in the last one year.

Iga Swiatek crashed out of the Australian Open at the hands of Czech teenager Linda Noskova in the third round on Saturday to further deplete an already weakened women's draw heading into the second week at Melbourne Park. While only three of the top 10 women's seeds remain, the main contenders for the men's title have all breezed into the fourth round with Carlos Alcaraz, Daniil Medvedev and Alexander Zverev joining the charge on day seven. Swiatek's bid for a maiden title at Melbourne Park was brought to an abrupt halt when 19-year-old Noskova became the first teenager to down the top seed since Amelie Mauresmo beat Lindsay Davenport in 1999. Noskova held her nerve after Swiatek had won the opening set, and on the big points in the third set, and only let emotions get the better of her after serving out for a 3-6 6-3 6-4 victory. «I think it was an unbelievable match for me,» the world number 50 said.

Apple is prepared to open the iPhone's ability to tap-to-pay to rivals — in the EU — after coming under fire for keeping users in its own ecosystem, the European Commission and the company said on Friday. The commission, the European Union's market regulator, said it was weighing Apple's proposal, which was made after Brussels determined that the Cupertino company enjoys a dominant position in iOS mobile wallet transactions by shutting out competitors.

Another year, another awards show! InvestmentNews proudly presents the launch of our inaugural InvestmentNews Awards, and nominations for the top awards are now open.

Ayodhya Ram Mandir ceremony: The state and central governments, along with several other institutions, have made a slew of announcements, informing people about the closures and operation timings of public places and government offices on January 22. The nation is all set to witness the grand consecration ceremony or "pran pratishtha" of the Ram temple in Ayodhya on Monday, January 22. As the preparations to celebrate the "historic" day are underway across the country, here's a quick recap of what's open and what's closed on the day of the Ram temple ceremony.

Amrit Udyan of the Rashtrapati Bhavan will open for public viewing from February 2 to March 31, an official statement issued on Friday said. People can visit the Udyan six days a week except on Mondays which are maintenance days, it said. They will be allowed to visit in six hourly slots between 10 AM and 4 PM, said the statement issued by the Rashtrapati Bhavan.

Stock market update: The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are going to conduct the special live trading session in the equity F&O segment on 20th January 2024 i.e. on Saturday next week. The BSE and NSE aim to switch to the DR site through this special live session.

Varanium Cloud Limited, a digital technology company, is setting up its second office and business process outsourcing (BPO) centre at Sawantwadi in Maharashtra. The BPO centre will focus on data accounting, background verification and debt recovery, among other activities. It is expected to create 200 IT jobs in Sindhudurg district, according to a press release issued by the company on Friday.

Emma Raducanu demonstrated incredible resilience in her Grand Slam comeback at the Australian Open, refusing to quit despite facing physical challenges. In a hard-fought second-round match, the 21-year-old British player battled against China's Wang Yafan, ultimately losing 6-4 4-6 6-4, even while dealing with discomfort that included «throwing up» during the match. This match marked Raducanu's fourth appearance following wrist and ankle surgeries that sidelined her for eight months. Despite the adversity, she emphasized her newfound toughness, stating, «Everything I went through last year has made me so much tougher.» Raducanu made it clear that pulling out was not an option, declaring, «There was no way I was going to pull out. She was going to have to beat me — and she did.»

By Howard Schneider