RAI Financial News
19.11 / 09:05
Citi
Citizens
Action
Analysis
RAI
show
Delhi pollution: Call on work-from-home, odd-even measures to be taken soon, says Gopal Rai
work-from-home measures and the odd-even scheme will be taken soon to tackle the city's worsening air quality, Delhi Environment Minister Gopal Rai said on Tuesday. Speaking to PTI, Delhi Environment Minister Gopal Rai said, «People, including children and senior citizens, are struggling to breathe and we deeply regret this situation.» The air quality in the national capital has remained in the «severe plus» category since Sunday, with AQI readings consistently above 450. On the possibility of implementing work-from-home measures, Rai stated, «We will take a decision on this soon.»
18.11 / 20:59
markets
Platform
RAI
inclusion
Courts
Videos
The Apothecary Diaries Season 2: Check out release date, storyline, episode count and where to watch
The Apothecary Diaries Season 2 is set to begin on January 10, 2025. Fans are eager to follow the journey of Maomao, a talented apothecary, as she navigates new challenges and mysteries.
18.11 / 20:59
markets
UPS
Digital
awards
Experts
RAI
Fuel stock at coal-based plants up 52% this Winter
coal-based power plants have significantly higher coal stocks this winter season compared to last year, driven by better planning, increased coal production and enhanced rake supply, government officials said. Higher availability of coal has led to sufficient base load capacity in the last few months and will help meet upcoming winter peak demand, they said. As of November 17, coal stocks at domestic coal-based power plants were 52% higher year on year at around 33 million tonnes. Total coal stock at all power plants, including imported coal, was also 52% up at around 37 million tonnes.
18.11 / 14:51
Aviat
Google
Airlines
Strategy
awards
RAI
Two more insolvency pleas against SpiceJet, NCLT issues notice over Sabarmati Aviation plea
Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of USD 27 million. During the proceedings, senior advocate Krishnendu Datta representing SpiceJet submitted that a reply would be filed over the plea of Sabarmati Aviation. However, he opposed the plea of JetAir 17 contending that their claims as an operational creditor are disputed.
18.11 / 14:51
UPS
IPO
Google
Strategy
RAI
band
Zinka Logistics IPO subscribed 1.86 times on final day
initial public offering (IPO) of Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, sailed through on the last day of its public issue, with bids exceeding more than 1.86 times the shares the company has put up for sale. According to data from the BSE, the public issue received bids for 4.19 crore shares against the 2.25 crore shares on offer. Qualified institutional buyers (QIBs) bid 2.76 times the shares reserved for them, while retail investors subscribed to their portion 1.66x. Employee bids reached 9.88 times, whereas non-institutional investors (NIIs) subscribed 0.24 times.
18.11 / 13:27
markets
Digital
Platform
Strategy
MakeMyTrip
RAI
travelers
MakeMyTrip to acquire Happay from Cred
MakeMyTrip is set to acquire expense management platform Happay from fintech unicorn Cred. This acquisition will give a stronger foothold to the Gurugram-based company in the corporate travel booking space. Cred had acquired Bengaluru-based startup Happay in 2021 in a cash-and-stock deal worth $180 million. Under the arrangement, the Happay brand along with its expense management business and the vertical’s dedicated team will join MakeMyTrip, the company said in a news release Monday.
18.11 / 12:11
markets
Strategy
Sustainability
Experts
RAI
Department
symptoms
Amid worsening air quality, central govt employees body seek WFH, staggered working hours
staggered working hours and air purifiers in all office buildings to mitigate the health impact of the severe pollution levels. In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort. «It has become imperative to take urgent measures to ensure the well-being of all, particularly those engaged in government services,» said the letter by the CSS Forum.
18.11 / 09:13
markets
FIVE
security
Strategy
Sustainability
RAI
reports
Centre to send 50 more CAPF companies to Manipur this week
Ministry of Home Affairs (MHA) rushed 20 additional CAPF companies, 15 from the CRPF and five from the BSF, to the state following an order issued on November 12 after violence broke out in Jiribam district and spread to other places. An additional 50 companies have been ordered to be rushed to Manipur by this week. While 35 units will be drawn from the Central Reserve Police Force (CRPF), the rest will be from the Border Security Force (BSF), the sources told PTI. CRPF Director General (CRPF) A D Singh and senior officers from other Central Armed Police Forces (CAPF) are also present in the state.
18.11 / 07:45
18.11 / 07:45
markets
Citi
Digital
Strategy
Experts
RAI
Ex-Cong MLA Sumesh Shokeen joins AAP
Sumesh Shokeen joined the AAP in the presence of party national convener Arvind Kejriwal here on Monday. Shokeen is a former MLA from Matiala, considered part of the Delhi-Dehat area. His joining comes a day after the AAP suffered a blow with its Jat leader Kailash Gahlot resigning from the party. Welcoming Shokeen to the AAP fold, Kejriwal said his joining will not only give a boost to the party in rural Delhi but also in other parts of the national capital.
18.11 / 04:49
markets
Sustainability
PRU
Experts
RAI
recommendations
7 ELSS mutual funds turn Rs 10,000 monthly SIP to over Rs 1 crore in 25 years
ELSS funds or tax-saving funds have turned Rs 10,000 monthly SIP to more than Rs 1 crore in the last 25 years. Only these seven ELSS funds have completed 25 years of existence in the market. SBI Long Term Equity Fund, the oldest ELSS fund, turned Rs 10,000 monthly SIP to Rs 5.66 crore in the last 25 years. The scheme gave an XIRR of 19.43% in the same period.
17.11 / 12:47
markets
Digital
Progressive
Experts
RAI
Schools
Truth coming out: PM Modi on movie on Godhra train burning
The user also made other points, claiming that the «brutal burning of passengers» of the Sabarmati Express train was turned into a political minefield by a vested-interest group, who saw it as a means to tarnish the image of «one leader», an apparent reference to Modi. The prime minister said, «Well said. It is good that this truth is coming out, and that too in a way common people can see it.»
17.11 / 09:27
UPS
film
Actor
RAI
stars
Relationships
Abhishek Bachchan and Aishwarya Rai's co-star speaks on the couple's divorce rumours
Actor Nikhil Dwivedi, who is personally acquainted with both, recently shared his perspective on their relationship. He took the opportunity to clear up the circulating rumors. In a conversation with Filmgyan Viral, Nikhil spoke about the couple's dynamic while working together, noting that they genuinely present themselves as a married couple. He explained, «They're a married couple, so naturally, they have the bond of husband and wife. We've never seen them apart.» However, he maintained that their off-screen equation did not interfere with their professionalism on set. He clarified, «If you're asking whether they were less professional, absolutely not. They were highly professional, and yes, they are a couple.»
17.11 / 06:55
markets
Google
security
Strategy
RAI
Schools
Houses of 4 more MLAs torched in Manipur, agitators attempt to storm CM's ancestral residence
BJP legislators, one of whom is a senior minister, and a Congress MLA in various districts of Imphal Valley even as security forces foiled the attempt of agitators to storm the ancestral residence of Manipur Chief Minister N Biren Singh, officials said. The fresh incidents of violent protests took place on Saturday night even as indefinite curfew was clamped after people, agitated by the killing of three women and children each by militants in Jiribam district, attacked the residences of three state ministers and six MLAs earlier on Saturday. Enraged people torched the houses of PWD Minister Govindas Konthoujam at Ningthoukhong, Hiyanglam's BJP MLA Y Radheshyam at Langmeidong Bazar, Wangjing Tentha's BJP MLA Paonam Brojen in Thoubal district and Khundrakpam's Congress MLA Th Lokeshwar in Imphal East district, the officials said. The legislators and their family members were not at home when the angry mob stormed their residential compounds, vandalised properties and set the houses on fire, police said, adding the houses were partially burnt in the incidents.
17.11 / 06:55
markets
Google
Action
Election
RAI
Schools
Videos
Maharashtra polls: Sharad Pawar's bags checked in Baramati
Sharad Pawar's bags were checked by the poll personnel at Baramati helipad in Maharashtra's Pune district on Sunday morning, according to his associate. Pawar was on way to attend a poll rally in Solapur, the associate said. The model of code of conduct is enforced in the state for the assembly elections scheduled on November 20. «While Pawar saheb was on his way to Karmala poll rally in Solapur, his bags were checked at the Baramati helipad. After the due checking, he boarded the chopper and proceeded for the rally,» the associate said.
17.11 / 06:13
security
Strategy
Experts
RAI
prevention
rights
Bangladesh extends armed forces judicial powers
The government order, issued November 15, extends for two more months the powers of the armed forces to engage in day-to-day enforcement activities like the police, including making arrests. «The armed forces will carry out the orders assigned to us by the government,» army spokesman Sami-Ud-Daula Chowdhury said Sunday.
16.11 / 00:49
Airlines
RAI
country
travelers
International
Destinations
Simplest hack for a cheap New Year's trip-go abroad
«I decided on Baku because I am getting a Baku Marriott Hotel Boulevard at ₹58,000 for four nights for two adults and a child,» she said. «In contrast, rates for some properties in Kovalam, Udaipur and Rishikesh are steeper than this for a night.» She's not alone. Rates for the Christmas-New Year period at many popular leisure destinations such as Varanasi are turning out to be much higher than international locations such as Danang in Vietnam, persuading many to look overseas.
15.11 / 18:13
markets
Citi
Experts
RAI
PAM
Parties bet big on political dynasts
This region has given four chief ministers to Maharashtra, all from Congress -Shivajirao Patil-Nilangekar, Shankarrao Chavan, Vilasrao Deshmukh and Ashok Chavan, and dynasts from families of all these leaders are trying their hand. Ashok Chavan is now in BJP Besides them, former Union home minister Shivraj Patil, state's former Deputy CM late Gopinath Munde, and former Union minister Rao Saheb Patil Danve also belong to this region.
15.11 / 15:37
markets
Digital
awards
Experts
RAI
PAM
Canara Bank labels Rcom loan accounts as "fraud"
Canara Bank has classified the loan accounts of Anil Ambani’s bankrupt telecom venture Reliance Communications and its unit as fraudulent for allegedly misappropriating Rs 1050 crore loaned from the bank in 2017 which were originally sanctioned for capital expenditure and paying off the company’s existing debt. “After availing and enjoying the said loans, credit facilities, your company had committed default and breached of the sanctioned terms and conditions. The loan accounts slipped into Non-Performance Asset («NPA») on 09.03.2017,” Canara Bank said in its letter to Reliance Communications dated November 5. Canara Bank claims that reasons for classifying the accounts as fraud were non-utilization of funds as per sanctioned terms and inter-company transactions to pay other debts. “Loans availed were also invested in mutual funds and fixed assets and the same were liquidated to make payments to related and non-related parties,” the bank said.
15.11 / 09:17
markets
Fighting
Strategy
Experts
RAI
PAM
Mike Tyson vs Jake Paul fight live telecast India: How to watch the fight, time, odds, undercard and more
Jake Paul and 58-year-old former heavyweight champion Mike Tyson was initally delayed from the original plan for July, but now is just around the corner. The delay was caused by Tyson having a medical episode on a plane and needing time to recover from a stomach ulcer. Read More: Will Mike Tyson and Jake Paul fight it out for real? Here's the truth behind the upcoming duel
15.11 / 07:19
markets
COST
Platform
Sustainability
RAI
Jewellery brand Giva's revenue rises 66% in FY24, losses widen 30%
However, the Bengaluru-based company's net loss widened by 29.6% to Rs 58.6 crore, as per the financials of the company sourced from market intelligence platform Tofler. Founded in 2019 as an affordable omnichannel brand focused on silver jewellery, Ishendra Agarwal-led Giva has expanded into lab grown diamonds and gold jewellery to cater to the evolving consumer fashion demands.
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