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VRL Logistics with a target price of Rs 910. The current market price of VRL Logistics is Rs 775.95. VRL Logistics Ltd., incorporated in the year 1983, is a Small Cap company (having a market cap of Rs 6778.37 Crore) operating in Logistics sector.

IPO) of Muthoot Microfin opened for subscription today and will be available for the public to bid till December 20. The company has bagged Rs 285 crore from 26 anchor investors ahead of the issue. The IPO comprises a fresh issue of Rs 760 crore and an offer-for-sale (OFS) of Rs 200 crore. Under the OFS, promoters Thomas John Muthoot, George Muthoot, Preethi John Muthoot, Remmy Thomas, and investor Greater Pacific Capital will offload shares. Muthoot Microfin is the fourth largest microfinance company in India in terms of gross loan portfolio. It is the third-largest in South India, with the largest in Kerala in terms of market share, and a key player in Tamil Nadu with an almost 16% share.

Hamas terrorists during the October 7 attack, has been officially declared dead, as confirmed by the Hostages and Missing Persons Families Forum. According to the Times of Israel, the cause of Inbar Haiman's death has not been disclosed, and it is suspected that her remains are still in the Gaza Strip. The 27-year-old was taken from the Supernova music festival and tragically lost her life while in captivity.

A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms.

INOX India IPO: The initial public offering (IPO) of INOX India Limited opened for subscription on 14th December 2023 and it will remain open till 18th December 2023. This means, investors have just one day in hand to apply for the IPO as bidding for the public issue will end today evening. The cryogenic equipment maker and supplier company has fixed INOX India IPO price band at ₹627 to ₹660 per equity share.

Narendra Modi will flag off the second Vande Bharat Express train running between Varanasi and New Delhi today i.e. on 18 December. The train will be flagged off at around 2:15 pm.

₹15.00 cr net in India. With this, the film has crossed ₹500 mark in India collection, Sacnilk.com report shows the film has collected a total of ₹512.94 crore in India net. The report also showed that the film saw an overall 24.97 percent occupancy in Hindi language while 24.27 percent in Telugu language.

air quality in the national capital persisted in the 'poor' category, according to the System of Air Quality and Weather Forecasting And Research (SAFAR) data. Meanwhile, as per the Central Pollution Control Board (CPCB), the Air Quality Index (AQI) at IGI Airport (T3) was recorded at 338 at 7.00 am. The AQI in the New Moti Bagh area was recorded in the 'very poor' category at 334.

Israeli troops mistakenly killed three of their own hostages, Israel Defense Forces (IDF) Chief of the General Staff LTG Herzi Halevi guided the troops on the rules of engagement in similar situations in the future. He urged the troops to show caution if there were two people without shirts and with raised hands. Halevi also specified that even if two Gazans come with a white flag to surrender, they should not be attacked. «Absolutely not. That's not the IDF,» he said. «A message from IDF Chief of the General Staff LTG Herzi Halevi on IDF rules of engagement, from a situational assessment with the commanders and soldiers of the 99th Division in Gaza today,» the IDF posted on X (formerly Twitter). «You see two people; they are with hands up and without shirts; take two seconds, and I want to tell you something just as important, and if it's two Gazans with a white flag coming out to surrender, why would we shoot at them? Absolutely not.

heavy rainfall continued in the south districts of Tamil Nadu on Monday, as Palayamkottai recorded 26 cm, and Kanyakumari recorded 17 cm of rainfall. Meanwhile, flood-affected people in the Tirunelveli district moved to a shelter camp. A visual from the shelter home showed people lining up for ration. In Thoothkudi district, taluka Srivaikuntam received 525 mm of rainfall on Sunday and a extremely heavy rainfall in the area is predicted.

weather balloons flew across the sensitive Taiwan Strait on Sunday but stayed well to the north of Taiwan, the island's defence ministry said on Monday, the second time this month Taipei has reported them nearby. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon, but which China said was a civilian craft that accidentally drifted astray. Taiwan is on high alert for Chinese activities, both military and political, ahead of the Jan. 13 presidential and parliamentary election.

The Bank of Japan (BOJ) meets Tuesday amid much chatter that it is considering how and when to move away from negative interest rates. None of the analysts polled by Reuters expected a definitive move at this meeting, but policy makers might start laying the groundwork for an eventual shift. April was favoured by 17 of 28 economists as the kick-off for negative rates to be scrapped, making the BOJ one of the few central banks in the world actually tightening. «Since the last meeting in October, 10-year JGB yields have fallen and the yen has appreciated, giving the BOJ little incentive to revise policy at this stage,» said Barclays economist Christian Keller. «We think the BOJ will wait to confirm the result of the 'shunto' wage negotiations next spring, before moving in April.» Japan's Nikkei lost 1.2%, weighed in part by a firm yen.

Gold prices struggled for momentum in early Asian hours on Monday as investors looked forward to U.S. inflation data due later this week for more clarity on the Federal Reserve's interest rate path after a dovish pivot last week. FUNDAMENTALS * Spot gold was little changed at $2,019.49 per ounce, as of 0041 GMT.

A Canadian Jewish organization wants police to investigate Facebook posts allegedly made by the father of a teenage terror suspect arrested in Ottawa.

NEW DELHI : Debt-laden telecom operator Vodafone Idea’s plans to raise external funds of over ₹20,000 crore may get further delayed and are unlikely to culminate even in the quarter ending March 2024, said two people aware of the development. While the telecom service provider has been in talks with investors, including those from the US, the massive debt liability of over ₹2 trillion, besides limited amount of capital coming in from promoters, is being viewed as factors leading to the delay, one of the people said on the condition that he not be named. “It will take time.

A material impact may start showing in the fiscal fourth quarter (January-March 2024) or the following three-month period (first quarter of fiscal 2025), they said.

PhonePe recently made an offer to cash-strapped Dunzo to invest a significant amount in its merchant network business, at a time the latter is desperately seeking cash, sources aware of the talks said. The proposal, however, didn’t move forward due to concerns among the troubled startup’s investors due to the strategic nature of PhonePe, which is majority owned by Walmart after its split from ecommerce firm Flipkart, these sources involved in the discussions said.

Uber is increasing efforts in India for new mobility verticals such as intercity rides, hourly rentals and reserved bookings, some of which have seen more than 40% year-on-year growth over the past 12 months. The company has expanded the intercity service to around 100 cities and is adding new features to the offering that increases the average ticket size on the platform. In the last two months, it has allowed users to book roundtrips on their intercity rides.

Sarvam AI, the newly launched artificial intelligence startup which released its Hindi language model ‘OpenHathi’ last week, will soon launch a platform that businesses can leverage for their needs. Founded by former AI4Bharat researchers Vivek Raghavan and Pratyush Kumar in July, Chennai-headquartered Sarvam is planning to release models in other Indian languages in the coming weeks.

Slice is in talks for a $100 million equity funding round, according to three people in the know. Early conversations have happened with existing backers, but the leadership is looking to get an external investor to lead the round. The talks are still at an early stage and, given the overall funding winter, might take a few months to close, the people said.

Competition Commission of India (CCI) has no plans to bring in a new regulation for digital players until the government decides if a new law is required to regulate big tech, Ravneet Kaur, chairperson of the antitrust watchdog has said, scotching speculations about interim norms. In an interview to Banikinkar Pattanayak, Kaur also said the regulator would soon wrap up processes to notify new settlement, commitment, combinations and leniency-plus frameworks. Edited excerpts: In recent months, the CCI has sought public comments on four critical frameworks-settlement, commitment, combinations and leniency-plus. By when can we expect these to be notified? We have received public comments on these draft regulations. Separate groups within the CCI are looking into the feedback and suggestions by stakeholders, and the frameworks will be finalised after that. It's difficult to set a timeframe for notification of these regulations because they mark far-reaching changes from the extant regulations and, therefore, have wider ramifications. So, comprehensive deliberations are required for each of them. But our efforts are to wrap up the process as soon as possible.