SUN Financial News

₹100 crore to Sun Group chairman Kalanithi Maran as per the Delhi High Court's order regarding the execution of an arbitral award. On Monday, SpiceJet had presented a cheque for ₹37.5 crore to Maran in court. However, Maran's counsel had declined it and requested SpiceJet to make a bank transfer.

Shah Rukh Khan on his way to create a hat-trick at the box-office? After rescuing Bollywood from a dry spell with the action-packed espionage thriller ‘Pathaan’ earlier this year, King Khan is back with another action-extravaganza ‘Jawan’. Armed with a stellar cast, led by the Bollywood Baadshah in a dual role, ‘Jawan’ has created history at the box-office. As per a report by the Indian box-office tracking portal Sacnilk.com, ‘Jawan’ has crossed Rs 319 crore at the domestic box-office within five days of its release! In Hindi, the action flick minted Rs 282.58 crore, in Tamil and Telugu, the film earned Rs 21 and Rs 15 crore respectively. ‘Jawan’ is also the only movie to cross Rs 35 crore in dubbed languages. Film critic and trade analyst Taran Adarsh took to Twitter to share the box-office collections of the movie. “300 CR NOT OUT *TODAY*… UNSTOPPABLE — UNSHAKABLE… #Jawan SUPERB HOLD on a working day [Day 5], after a 4-day *extended* weekend… Thu 65.50 cr, Fri 46.23 cr, Sat 68.72 cr, Sun 71.63 cr, Mon 30.50 cr. Total: Rs 282.58 cr,” he wrote.

Aditya Agarwala, Co-Founder & Director, Invest4edu, says “correction in the broader markets is around the corner because clearly if you take a look at high time frame charts, if you plot the indicators on a high time frame chart – I am talking about RSI here – you clearly get extreme overbought levels on the monthly and the weekly chart time frame. This is not something which comes across so often and so frequently.”What do you make of the sudden sharp downtick that we are seeing in the midcaps and smallcaps? Is it a one-day move? Is it like a knee-jerk reaction or it is a reversal of trend now and midcaps and small caps are headed lower?To be honest, this is something that I have been talking about for some time, correction in the broader markets is around the corner because clearly if you take a look at high time frame charts, if you plot the indicators on a high time frame chart – I am talking about RSI here – you clearly get extreme overbought levels on the monthly and the weekly chart time frame. This is not something which comes across so often and so frequently.

Narendra Modi, Canadian PM Justin Trudeau is now encountering backlash in his home country over his treatment at the G20 Leaders Summit in New Delhi. PM Modi did not post any “welcome note" for Trudeau as he did for other leaders after the Canadian PM landed in India.

Kim Jong-un embarked on a rare journey to meet with Russian President Vladimir Putin. He arrived in Russia aboard a distinctive bulletproof train known for its opulence.

Torrent Power(up 1.44%) were among the top gainers. Reliance Power(down 7.45%), KPI Green Energy(down 7.27%), Jaiprakash Power Ventures(down 7.14%), Gujarat Industries Power(down 6.22%), DPSC(down 6.18%), Energy Development Company(down 6.06%), Inox Wind Energy(down 5.17%), GE Power India Limited(down 5.11%), NHPC(down 5.03%) and RTNPOWER(down 4.90%) were among the top losers. The NSE Nifty50 index was trading 40.05 points down at 19956.3, while the 30-share BSE Sensex was down 68.69 points at 67058.39 at around 10:39AM. Larsen & Toubro Ltd.(up 3.37%), Divi's Laboratories Ltd.(up 1.36%), Dr.

The NSE Nifty index traded 54.05 points down at 19942.3, while BSE Sensex was down 113.63 points at 67013.45 as of 10:29AM(IST)on September 12. In the Nifty index, Larsen & Toubro Ltd.(up 2.97 per cent), Divi's Laboratories Ltd.(up 1.22 per cent), Dr.

Hydrogen is a losing bet for investors interested in making money in the foreseeable future, according to Barry Norris, the founder and chief investment officer of UK hedge fund Argonaut Capital Partners.

NEW DELHI : India and Saudi Arabia agreed to link their power grids, underscoring a deepening energy alliance that could significantly boost the reliability of power grids in both countries and foster economic development. The agreement on linking power grids follows another more expansive infrastructure connectivity project plan to develop an India-Middle East-Europe economic corridor. The project, announced on 9 September during the G20 summit, envisages a rail and shipping corridor connecting India, the United Arab Emirates (UAE), Saudi Arabia, the European Union, France, Italy, Germany and the US.

MUMBAI : Rajiv Jain-led US-based boutique investment manager GQG Partners Llc, on Monday, acquired an additional 5.1 crore or 0.76% stake in private lender IDFC First Bank Ltd from V. Vaidyanathan, MD & CEO of the bank, for ₹478.7 crore through block deal on the exchange. GQG Partners increased its stake in IDFC First Bank to 3.36% with an additional purchase of 5.1 crore shares.

G20 meeting in New Delhi. Xi has not missed a single G20 since he came to power in 2012. Whether Xi’s absence is a snub aimed at India or whether China is turning against the construct of the G20 itself, only time will tell.

G-20 Summit, describing its outcome as a diplomatic victory for Prime Minister Narendra Modi who is pushing to increase the country's influence on the world stage and pressing for reforms in global institutions, including the United Nations. India managed to hammer out the unexpected consensus among the G20 countries on the contentious Ukraine conflict through a series of hectic negotiations with emerging economies such as Brazil, South Africa and Indonesia playing a leading role in reaching the agreement on the declaration on the first day of the summit. The New Delhi summit declaration also called for reforming of international financial institutions, managing debt vulnerabilities of low and middle-income countries and the start of the exchange of tax-relevant information on crypto assets by 2027. «Some experts saw the agreement as a win for Russia, while others read it as an achievement for the West.

Calvin Harris and Vick Hope are now husband and wife. The disc jockey, producer and singer got married to his radio host girlfriend in a lavish, Glastonbury-themed wedding on September 9, 2023. The wedding took place at Hulne Priory in Alnwick, Northumberland in England. The couple, who got engaged in May 2022, decided to tie the knot in September 2023. According to the Mirror UK, Nile Rodgers and Chic performed at their wedding reception, beginning their set with Luther Vandross' 1981 song Never Too Much and going on to perform songy of Madonna, Beyoncé, Pharrell Williams and David Bowie. The last song was their own 1979 hit Good Times, as reported by The Sun. The wedding was luxurious and beautiful, and there was a Glastonbury-themed after-party. In keeping with the theme, there were food stands with burgers, pizzas and Nigerian dishes, and tents as accommodation for the guests. The celebrity guests included AJ Odudu, Scott Mills, the BBC Radio's Vernon Kay, and Vick Hope's co-presenter Jordan North. The Sun reports that the wedding vows of Calvin Harris and Vick Hope were “really emotional”. A source told the tabloid that the couple’s vows were “really emotional and the marriage ceremony included poems like Ernest Hemmingway’s If There’s Empty Spaces In Your Heart and Lori Eberhai’s Devoted”. Calvin Harris told Vick Hope, “I promise to be your teammate, best friend and companion for life.” In August 2023, Vick Hope had shared about her hen do on her Instagram Stories. The radio host had adorned a white feathered mini dress, with Chanel earrings and light makeup, and her hair tied up. Calvin Harris and Vick Hope are yet to share the wedding pictures on social media.

Apollo 17 lunar lander base has been found to generate small-scale moonquakes on a daily basis, adding a unique dimension to our understanding of lunar seismic activity. During the Apollo 17 mission, scientists meticulously calibrated three seismometers to capture data related to thermal earthquakes occurring on the moon's surface. These instruments were strategically placed on the lunar landscape, and they diligently recorded seismic data from October 1976 to May 1977, as per reports. New findings were published in the Journal of Geophysical Research — Planets. Traditionally, scientists have recognized four distinct categories of moonquakes: deep, shallow, thermal, and those resulting from meteorite impacts. However, a recent analysis of the thermal earthquake data collected during the Apollo 17 mission has uncovered an unexpected fifth type of moonquake. This newly discovered moonquake originates not from natural lunar processes but rather from the Apollo 17 lunar lander base itself, according to reports. Upon further investigation, researchers were astonished to determine that these mysterious quakes were actually generated by the Apollo 17 lunar lander base. The cause of these quakes is the gradual expansion and vibration of the lander base, which occurs each morning as it is heated by the sun. While these moonquakes may not be of natural lunar origin, they still provide valuable insights into the moon's seismic behavior. This unexpected discovery contributes significantly to our knowledge of the moon's geological activity, which holds particular significance for future lunar exploration and development endeavors.

₹62.5 crore out of the due of ₹100 crore to Sun Group chairman Kalanithi Maran in connection with the arbitral award execution. The airline plans to pay the remaining ₹37.5 crore to Maran today or latest by tomorrow, depending on banking hours. SpiceJet wrote a cheque of ₹37.5 crore in the court, but Maran's side declined it and requested SpiceJet to transfer the amount via RTGS.

Rajinikanth and filmmaker Lokesh Kanagaraj are set to collaborate on their first film, said production house Sun Pictures. After months of speculation that Kanagaraj will direct Rajinikanth in the actor's 171st film, the Chennai-based banner made the official announcement on social media on Monday. The currently untitled movie will be written and directed by Kanagaraj.

New Delhi: Actor Rajinikanth has announced a new film to be produced by Sun Pictures and directed by Lokesh Kanagaraj. The actor’s latest Tamil film Jailer, also produced by Sun, has crossed the Rs. 500 crore mark worldwide.

typhoon kept southern China drenched for the seventh day as slow-moving storm clouds drifted from Guangdong on the coast to Guangxi, flooding low-lying areas, blocking roads and trapping residents. In the rural county of Bobai in Guangxi region, rescuers on assault boats have scrambled to pull people to safety since Sunday night as water more than 2 metres (6.6 feet) deep stranded residents in low-rise homes, state media reported on Monday. Heavy rain is expected to persist in Guangxi over the next few days. Haikui has weakened from a typhoon to a tropical storm since making landfall in Fujian province on Sept. 5, but its residual circulation has continued to wreak havoc in southern China, with the populous city of Shenzhen deluged by the heaviest rain since records began in 1952.

This statistic is available for 125 funds, and of these, 114 have maintained a beta of less than one in the past year, indicating lower NAV fluctuations compared to the market benchmarks (on an average). Close to 70% of such funds have generated positive alpha (higher than expected returns) in the past year. The data has been sourced from ACE MF database and is based on 1 September 2023 NAVs.

agricultural equipment. India is already a large producer of diesel engines to meet JCB’s global needs, and it would take up the manufacture of even hydrogen engines once the technology is mastered and put into JCB machines, chairman Lord Bamford said. “We make engines in India.

G20 Summit here congratulated Prime Minister Narendra Modi on the success of Chandrayaan-3, with IMF Managing Director Kristalina Georgieva hailing India for achieving the feat «in a budget less than that of the movie Interstellar», according to sources. During various sessions and meetings of the G20, many world leaders showered praise on India for its lunar mission and also lauded the successful launch of Aditya L1, India's first space-based mission to study the Sun. While the British Prime Minister Rishi Sunak congratulated India and the entire world for Chandrayaan-3, South African President Cyril Ramaphosa hailed the country for the feat and recalled that he had watched a telecast of the lunar landing while taking a break during the BRICS meeting, sources said. «I congratulate you on the Moon landing.