PAM Financial News

DLF reported decline in new sales booking during July-September quarter due to delay in receiving the requisite approvals for launches. The company reported new sales bookings of Rs 692 crore against Rs 6,404 crore, during the previous quarter. DLF’s net profit stood at Rs 1,387 crore, which includes reversal of deferred tax liabilities of Rs 606 crore, pursuant to change in tax rate on longterm capital gain on enactment of the Finance Act, 2024

disqualification cases against 5 JD-U MLAs who joined BJP. The next hearing is in three weeks. The Speaker’s Tribunal heard disqualification cases which were filed against 5 MLAs who defected from JD(U) to BJP in Manipur.The five MLAs are MLAs Khumukcham Joykisan Singh, Ngursanglur Sanate, Md Achab Uddin, Thangjam Arunkumar and LM Khaute. The Counsel N. Bupenda Meitei, Advocate for petitioner, Hareshwar Goshwami, in Disqualification Case No. 1, 2, 3, 4 and 5 of 2024, submitted for urgent hearing and speedy disposal as all the pending disqualification petitions is to be decided within three months of the filing of the petitions in the Speaker's Tribunal as per the Supreme Court verdict.

Amarinder Singh lashed out at Canadian Prime Minister Justin Trudeau on Friday for «ruining» the India-Canada ties, saying he is only interested in getting Sikh votes in elections. Singh's remarks came amid frosty relations between India and Canada. India has recalled its high commissioner and five other diplomats from Canada after they were named as «persons of interest» in a Canadian investigation into the 2023 killing of Hardeep Singh Nijjar, a Khalistani terrorist who was a Canadian citizen, in British Columbia. «Trudeau has ruined the relationship (between India and Canada). Trudeau is interested in only one thing and that is getting the Sikh votes for his own election,» Singh said while replying to a reporter's question on the diplomatic row between India and Canada.

There are multiple programmes offering specialised certifications to help leaders get ready for this transition. While this form of structured learning is critical and helpful and one can choose the right one based on their requirements, there are multiple parameters leaders need to consider to ensure their readiness for serving on the board of a company. Arvind Pandit, Founder & Managing Partner, Ishwa Consulting, says a key step senior leaders need to keep in mind at this juncture is that experience matters more than certification. Certifications are valuable, but they can't replace the depth of expertise gained through years of real-world experience. Companies value depth and substance over mere credentials. Industry knowledge is a differentiator as directors must offer more than surface-level understanding. Companies favour those who have built something tangible over those who’ve just studied the plans.

Hurriyat Conference chairman Mirwaiz Umar Farooq on Friday said the separatist amalgam is ready to engage with the BJP-led Centre for the resolution of the "Kashmir issue". «When the APHC (All Parties Hurriyat Conference) was formed by the leadership in 1993, the situation was entirely different with militancy at its peak (in Jammu and Kashmir). »Even at that time, the APHC, in its proclamation, had clearly stated that it advocates for a peaceful resolution of the Kashmir conflict by engagement and even after 30 years, this outlook remains the same," the mirwaiz said here. He was addressing the Friday congregation at the Jamia Masjid in the city's Nowhatta area.

Diwali, also called as Deepavali festivities begin on Dhanteras and extends for five days. 'Teras' denotes the thirteenth day of Krishna Paksha, whilst 'Dhan' denotes riches. In India, the first day of Diwali is specifically referred to as Dhanteras or Dhanatrayodashi.

Bishweshwar Nandi, the coach of gymnast Dipa Karmakar who won bronze in the 2014 Commonwealth Games, joined the BJP in a simple ceremony at his residence here on Friday. Agartala Mayor and BJP MLA Dipak Majumder welcomed Nandi to the party. «I am deeply influenced by how the BJP is managing the country, whether in sports or other areas, which is why I joined the party,» said Nandi, a Dronacharya award recipient for his exceptional contributions to gymnastics. He recently participated in a virtual meeting with the Union Sports Minister to discuss India's preparations for the 2036 Olympics.

bomb threats on Friday, according to sources. An IndiGo spokesperson on Friday said 7 of its flights, including 6E 87 from Kozhikode to Dammam, got security-related alerts. The sources in the know said around 7 flights each of IndiGo, Vistara and SpiceJet got the threats while 6 flights of Air India received the threats.

delinquences in India's micro finance sector is expected to increase credit costs to more than 5% in the current fiscal as risks that borrowers will default has increased, analysts at Standard & Poors (S&P) said. Credit costs will ease but will still stay high at more than 3% next fiscal, impacting profitability for micro finance companies as return on average assets (ROAA) will fall by 60 to 65 basis points to 3.85%, the analysts said in a call. One basis point is 0.01 percentage point. Shinoy Varghese, associate director, financial institutions ratings at S&P said delinquences are expected to rise especially in the micro finance industry as lenders tighten their belts after recent regulatory actions.

fashion lovers are switching to secondhand to assuage worries about the industry's environmental impact. It is a tiny drop in a massive ocean, but hipster shoppers in the capital New Delhi say their example is slowly shifting the throwaway attitudes rampant among India's middle class. New Delhi is dotted with markets offering secondhand clothes, a thrifty alternative for those on low wages — or making an ethical choice.

YSRCP chief Jagan Mohan Reddy's sister Y S Sharmila on Friday said that all the businesses which were established when former Chief Minister and her father Y S Rajasekhara Reddy was alive, are of family assets and Jagan is just a «guardian» of them. In an open letter, she said that her late father Rajasekhara Reddy's intention was that Jagan should divide all the businesses equally among the four grandchildren — two each of Jagan and Sharmila. She said she received Rs 200 crore during the past 10 years towards her family share as dividends from various companies which established the fact that all four grandchildren of Rajasekhara Reddy would get equal portions. «They (all the assets) are not owned by Jagan. He is only the „Guardian“ of all existing family businesses. It is the responsibility of Jagan to divide all the businesses equally among the four grandchildren. It was the mandate of (late) Rajasekhara Reddy. YSR conveyed his intention to his children and his wife. Close associates, including KVP Ramachandra Rao, YV Subbareddy and Vijayasai Reddy know about this,» she said.

longevity? While many fitness gurus have sworn by this tactic to remain at the peak of good health and live a long life, recent research suggests that you don’t need to walk a specific number of steps to live longer. However, being active is the key to being fit.

BJP leader Devendra Fadnavis on Friday filed his nomination from the Nagpur South-West assembly constituency for the November 20 state elections. Addressing a rally before filing the papers, he said the Mahayuti government's work speaks for itself, and hit out at the opposition parties, saying the 'Ladki Bahin' scheme and its beneficiaries were enough to defeat them. Fadnavis, who was the chief minister of the state from 2014 to 2019 and for a short tenure of 80 hours in November 2019, has successfully contested the assembly polls for five times from Nagpur — two times from Nagpur West constituency and three times from Nagpur South-West seat.

George Hurt, a resident of Roanoke, when he struck it rich in the Virginia Lottery scratcher game. With odds exceeding one in 600,000, Hurt's winning ticket was sold at the 604 Minute Market on Cloverdale Road, which locals now consider a lucky hotspot. Timir Patel, the store owner, noted that Hurt had been playing the lottery for 13 years, and his persistence finally paid off with a $1 million prize, transforming an ordinary lunch break into an unforgettable occasion. Hurt opted for a one-time lump-sum payment of $571,000 before taxes, although he hasn’t disclosed any immediate plans for his newfound wealth.

unaccounted gold in overnight raids at 78 gold jewellery manufacturing units and wholesale dealers in and around Thrissur, TOI reported. Codenamed Torre del Oro (Tower of Gold), the operation ran from 4:30 PM on Wednesday to 11 AM on Thursday, with more than 700 officials discreetly transported from various parts of the state under the pretense of a leisure trip to maintain confidentiality. GST Special Commissioner Renn Abraham revealed to TOI that the raids targeted a mix of large, medium, and small-scale units, leading to a shocking confession from the owner of one firm who disclosed a suppressed sales turnover of ₹1,200 crore.

According to the release, Pm Modi will inaugurate and lay foundation stones for water supply department projects worth Rs 705 crore. This includes inauguration of the Bharatmata Sarovar, built at a cost of Rs 35 crore, on the Gagadio river in Amreli district. He will also inaugurate 1000 projects of pit recharge, bore recharge and well recharge and inaugurate 590 projects worth Rs 20 crore under Water Resource Department.

Olaf Scholz said on Friday he wanted to deepen defence ties with New Delhi and bring the two countries' militaries closer, in comments following a meeting with Indian Prime Minister Narendra Modi. Germany, which has not traditionally had close defence ties with India, is now pitching to join the latter's effort to wean its arms base from decades of dependence on Russia, at a time when the West seeks to counter China's growing influence. «Our overall message is clear, we need more co-operation, not less,» Scholz said.

South Indian diet" can support weight loss and overall wellness, as long as certain guidelines are followed.

Supreme Court on Friday granted bail to businessman Amandeep Singh Dhall in corruption case linked to excise policy scam. With this, all accused in the Delhi excise policy case are out on bail. Dhall had moved the apex court challenging the high court's June 4 verdict which refused to grant him bail in the case.

male pattern baldness and restore hair's natural colour in under a year. Through a thread on X, Mr Johnson unveiled his comprehensive regimen for preventing hair loss and maintaining lush, healthy locks. Despite being expected to be bald by now, he credited nutritional, topical, and light treatments for his remarkable transformation. The millionaire also encouraged men to act early and take proactive steps to preserve their hair, insisting it's possible to maintain a full head of hair «well into your 40s and beyond.»