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SpiceJet chairman Ajay Singh, the Supreme Court on Monday asked the businessman to make a payment of $5,00,000 towards an instalment to Credit Suisse by September 22, along with $1 million towards the defaulted amount. The court further warned Singh that he would be sent to Tihar jail if the payment wasn't made. «We have to move to the next drastic step. We are not worried if you shut down.

Insurer RACQ could have picked up a discounting glitch as early as 2012, nine years before it morphed into a $240 million blowout when it was eventually discovered.

For Simon Molnar, rumours of the death of the retail store have been greatly exaggerated.

₹20,161 crore. This marked a substantial increase compared to the ₹7,505 crore inflow observed in July 2023, as per data from the Association of Mutual Funds in India (AMFI).

China could land themselves in trouble with the government for their fashion choices. Flared pants and bluejeans were considered «weird attire.» Some government buildings barred men with long hair and women wearing makeup and jewelry. Patrols organized by factories and schools cut flared pants and long hair with scissors. It was the early days of China's era of reform and opening up.

Maestro AR Rahman has hit the headlines for the wrong reasons. The Oscar-winning composers' latest live music concert at Chennai, ‘Marakkuma Nenjam’ has been widely condemned by fans for mismanagement. Many disgruntled fans accused the organisers of making the live show a scam, alleging they sold innumerable tickets despite having limited seats. Others claimed that even after paying Rs 5000 per ticket, many fans were made to stand outside the venue. Some alleged that the volume system was faulty and that viewers seated further away from the stage could not hear anything. Trade analyst Manobala Vijayabalan shared a video of a furious fan tearing up the ticket and wrote, “Disappointed #ARRahman fan tore #MarakkumaNenjam concert tickets and says this is indeed an unforgettable event and a worst gift from A R Rahman to the people.” Another disappointed fan urged the icon to take responsibility. “Most of them return with big disappointment.People are not allowed even if they have tickets.

real estate assets through the Real Estate Investment Trusts (REITs) has infused higher transparency in transaction and management structures of these assets and realtors are now aiming to develop investment grade assets with single ownership structure. The developers have started appreciating that retail is a specialized asset class that constantly requires upgradation of tenant mix and the property with focus on parameters such as zoning and mall management to ensure monetization of the asset. Indian retail-led real estate is expected to witness a supply of over 38 million sq ft between the second half of 2023 and 2027. Of the existing retail real estate stock across the top seven cities of India, around 44 million sq ft of retail assets offer a potential to be listed as a REIT and of these, more than half are in Mumbai and NCR-Delhi region, showed data from JLL India. “India’s retail sector is on an elevated growth curve where the focus is on creating an innovative built environment, greater connections with the consumers, and curating physical storefronts in untapped regions of the country including tier II and III cities,” said Rahul Arora, Head of Office Leasing Advisory and Retail Services, India, JLL. Following the success of three office properties-led REITs, India’s public markets saw the launch of the first retail assets-led REIT, Nexus Select Trust, earlier this year.

Ralph Lauren took over a different New York city borough — Brooklyn — with a sumptuous event that marked his return to NY Fashion Week after four years and brought out stars like Jennifer Lopez, Julianne Moore, Diane Keaton, Mindy Kaling, Gabrielle Union, James Marsden and many others. After crossing the country last year to stage a lavish show at the grand Huntington Library in San Marino, California, Lauren returned to his home base of New York with Friday's show in a cavernous warehouse space at the Brooklyn Navy Yard, transformed into a reimagined artist's loft. He decorated the space with rustic wood and draped canvases, and added glittering chandeliers above. None other than Christy Turlington closed out the runway show of Lauren's Spring 2024 women's collection, the 53-year-old supermodel looking regal in a one-shouldered gown in shiny gold.

edtech titan Byju’s has made a surprise repayment proposal to lenders, in which the firm has offered to pay back its entire $1.2 billion term loan in less than six months, according to people familiar with the situation. The company is offering to repay $300 million of the distressed debt within three months if the amendment proposal is accepted and the remaining amount in the subsequent three months, said the people, who asked not to be identified because the talks are private. The lenders are reviewing the proposal and are seeking more details about how the repayment will be funded, the people said.

Dhiraj Bommadevara showed some spark when he shocked two-time Olympic team gold medallist Kim Woojin 6-2 but lost his next two matches to return empty-handed as India ended their campaign with a solitary silver medal in the 'Archery World Cup Final'. Compound archer Prathamesh Jawakar won the country's lone medal despite India fielding their biggest-ever contingent of five archers in the World Cup's season-ending grand finale. Rising Indian recurve archer Dhiraj began his campaign on a rousing note when he rallied from 0-2 to pull off an upset 28-29, 30-28, 30-28, 29-26 win over the World No.

Rishi Sunak is on a roll charming netizens across the world. A photograph of the British PM’s cute interaction with Bangladeshi Prime Minister Sheikh Hasina during the G20 Summit meeting at Delhi has gone viral on social media, leaving many netizens touched at the former’s humility. In the picture both the political leaders are shown engaging in a cordial conversation, with Sunak sitting on one knee, listening to Hasina with rapt attention. One X (formerly Twitter) user shared the photo and praised the British PM profusely for his sweet gesture. “Big men don't have ego! Prime Minister Rishi Sunak of UK sat down on the floor to match the comfort — in a tetatete with with Prime Minister Sheikh Hasina,” they wrote. Another netizen pointed out that even though Sunak was an NRI (non-residential-Indian), he was still well-versed in the culture enough to show respect to his elders, as being deferential to elders is an intrinsic part of Indian culture.

car giant BMW is to make a multi-million pound investment in its Mini plants in the UK, the government in London said Monday. The money will be used to «transform» BMW's plant in Oxford, southern England, «securing 4,000 high-quality jobs and strengthening the electric vehicle supply chain,» the government said in a press release. «BMW's investment is another shining example of how the UK is the best place to build cars of the future,» said Prime Minister Rishi Sunak. «By backing our car manufacturing industry, we are securing thousands of jobs and growing our economy right across the country,» he added, with his government having offered tens-of-millions of pounds in support for BMW. The first generation of the iconic British vehicle's electric model was launched at the Oxford plant in 2019, but last year BMW announced most of its electric cars would be made in China. The investment is expected to be used to make the plant fit for making electric vehicles, with all Minis set to be electric by 2030. «Today's announcement by BMW, coming a week after electric vehicle production started at Stellantis's site at Ellesmere Port, clearly shows that the government's plan for the automotive sector is working,» said Business and Trade Secretary Kemi Badenoch.

Lula da Silva on Monday said that Brazil will put the inequality issue as the core issue during the G20 Summit under its Presidency and said it was a huge challenge for Brazil to take over the G20 presidency. «We will put inequality at the top: inequality of gender, race, education, health, poverty and hunger. The world needs balance,» the Brazilian President said addressing a press conference today after the conclusion of the two-day long G20 Summit in New Delhi on Sunday. «I'm one of the founder member of G20,» said Lula da Silva pointing out that an important meeting like the G20 showed the importance of the multipolar world. Prime Minister Narendra Modi on September 10 handed over the ceremonial gavel to Lula, intiating the process of transition of the President's chair for the next round of the G20 to be held in Brazil. «I would like to congratulate India for organising the Summit exceptionally well.

da Silva, on Monday expressed his wish for the Russia-Ukraine war to conclude and for a return to normalcy when the next G20 Summit in Brazil begins. As reported by ANI, Lula said, “I do not know the reason why President Putin and Xi Jinping did not participate here but I will invite them and I hope that they will come to Brazil and participate in the Summit. I hope that when we open the Summit in Brazil, the war has ended and we are back to normal times." Luna further added, “I would like to congratulate India for organising the Summit exceptionally well.

SJVN shares jumped 10.5% to hit a 52-week high of Rs 70.7 in Monday's trade on BSE after the company's subsidiary SJVN Green Energy (SGEL) signed a power purchase agreement with Bhakra Beas Management Board (BBMB) to develop an 18 MW solar power project. «The project will be developed on the land parcels of BBMB in the states of Himachal Pradesh & Punjab. The project is scheduled to be commissioned by August 2024,» the company said in an exchange filing. The project has been secured through open competitive bidding at a tariff of Rs 2.63/- in the e-reverse auction organized by the Punjab Energy Development Agency, SJVN said. The project will generate 39.42 million units of energy in the first year of operation, and the cumulative energy generation over a period of 25 years would be about 917 million units, the company added. The Power Purchase Agreement for the power produced from the project has been signed with BBMB for 25 years. SJVN plans to install over 10,000 MW renewable energy capacity in three years while progressing towards its shared vision of becoming a company of 25000 MW by 2030 and 50000 MW by 2040, the company said. At 10.18 am, the scrip was trading 8.8% higher at Rs 69.6 on BSE.

In both cases, most of those charged were Muslim, leading human rights groups and tech experts to criticise India's use of the AI-based technology to target poor, minority and marginalised groups in Delhi and elsewhere in the country.

Shah Rukh Khan's latest action-packed spectacle, 'Jawan', is making waves at the box-office, rewriting history with its latest record of becoming the highest single-day Hindi grosser of all time. Released on September 7, the film stormed the screens with an astounding opening day collection of Rs 75 crore across India, staking its claim as the top Hindi opener of the year. However, this was just the beginning of its remarkable journey. According to early estimates from Sacnilk.com, 'Jawan' raked in a whopping Rs 81 crore net for all languages at the Indian box-office on Sunday. It had an overall 70.77 percent occupancy for Hindi shows, 53.71 percent occupancy for Tamil shows and 68.79 percent occupancy for Telugu shows.

In yet another incident of in-flight sexual harassment, a male passenger allegedly groped a female co-passenger during a late-night flight from Mumbai to Guwahati. The incident took place on IndiGo flight 6E-5319, which departed Mumbai just after 9 p.m. and arrived at its destination 15 minutes past midnight. The female passenger, who had an aisle seat, had lowered the armrests and had fallen asleep after the cabin lights were dimmed.

India Hotel Ltd, part of the hotel & resort industry, hit a fresh record high after a breakout from a channel formation in the last week of August. Short-term traders can look to ride the momentum for an upside target of Rs 465 in the next 3-4 weeks, suggest experts. The stock has been moving in a range since June 2023 where levels around 400 acted as a stiff resistance on the upside while support was seen above 350 levels on the daily charts. It witnessed a breakout from the consolidation range on 30 August 2023 and since then the stock has been moving in an upward trajectory. The stock has been making higher highs and higher lows for the last 3 weeks. The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside.

By Sahil SwaroopJSW Steel’s daily trend is bullish to sideways. The RSI for daily is showing sideways momentum; however, the RSI for monthly and weekly is showing bullish momentum.

Mint reported earlier, the Adani Group promoter firm has increased its stake in two of the group’s listed companies as the conglomerate continues to work on a strategy to recover from the effects of the damaging reports. Shares of the group's flagship firm Adani Enterprises rose nearly 3 per cent, and those of Adani Ports, too, rose 3 per cent in early trade on BSE. Shares of Adani Power rose almost 4 per cent.