WhatsApp Financial News

National Company Law Tribunal (NCLT) recently adjourned the hearing of an application in cable TV distribution company Siti Networks' insolvency resolution matter to April 3. Before that, the bench, comprising judicial member Lakshmi Gurung and technical member Charanjeet Singh Gulati, observed that various applications were pending, highlighting irregularities in the process and the change in the date of the start of the resolution process. Hence, all the material decisions of the process and the committee of creditors would be subject to the tribunal's final order on the pending applications, the NCLT said. The application was moved by the suspended board of directors of the company which has contested the timeframe set by the resolution professional. Siti was admitted to the corporate insolvency resolution process in February 2023, with Rohit Mehra as the resolution professional.

Mumbai Indians maintained the tradition of losing their opening match of IPL since 2012 with Gujarat Titans snatching an improbable six-run victory in a thrilling match here on Sunday. While Jasprit Bumrah bowled a couple of terrific spells to restrict Gujarat Titans to 168 for 6 in 20 overs, MI lost their way after Rohit Sharma's dismissal to end up on 162 for 9 in 20 overs.

Lok Sabha polls. The saffron party has fielded Bollywood actress Kangana Ranaut from Mandi, Himachal Pradesh, a stronghold of Congress. The party has released the names of the candidates for the Lok Sabha seats of Uttar Pradesh, Bihar, Odisha, Rajasthan, Haryana, Maharashtra, West Bengal, Kerala, Karnataka, Goa, Gujarat, Himachal Pradesh, Jharkhand, Mizoram, Sikkim, Telangana, West Bengal and Andhra Pradesh. BJP has fielded K Surendran, its Kerala unit president from Wayanad, from where Rahul Gandhi is sitting MP.

Ranjit Singh Chautala on Sunday joined the ruling BJP, a senior party leader said. Chautala joined the BJP at an event in Haryana's Sirsa, party leaders said. According to sources, the BJP is likely to field him from the Hisar Lok Sabha seat. Senior BJP leader Vinod Tawde welcomed Chautala into the party fold.

K Surendran its Kerala unit president from Wayanad, from where Rahul Gandhi is a sitting MP. The party released the names of the candidates for the Lok Sabha seats of Uttar Pradesh, Bihar, Odisha, Rajasthan, Haryana, Maharashtra, West Bengal, Kerala, Karnataka, Goa, Gujarat, Himachal Pradesh, Jharkhand, Mizoram, Sikkim, Telangana, West Bengal and Andhra Pradesh. Meanwhile, BJP fielded Bollywood actress Kangana Ranaut from Himachal Pradesh's Mandi, a stronghold of Congress.

Janardhana Reddy on Sunday said he would rejoin BJP on March 25. The KRPP founder said he took the decision to make Narendra Modi the Prime Minister again for the third time. «After consulting my supporters, I took the decision. Tomorrow at 10 am I am rejoining BJP,» he told reporters here. Reddy said he would support the BJP candidate from Ballari Lok Sabha constituency, B Sriramulu, whom he called a boy raised by him.

Election Commission, accusing BJP leader Suvendu Adhikari of violating the model code of conduct by spreading false news and maligning senior police officers of West Bengal. Adhikari, Leader of the Opposition in the West Bengal assembly, on Saturday wrote to the EC claiming that there are several non-IPS officers in West Bengal holding positions designated only for IPS officers, including that of superintendents of police (SPs). In a post on X, he urged the ECI to look into the list of 16 police officers he shared, claiming they are non-IPS officers but occupy positions designated for IPS officers. Reacting to Adhikari's claims, the ruling TMC said in a letter to the EC, labelled his accusation as «false, fake and baseless because all the names of the officials appearing in the published list are those of high ranking officials who are a part of the IPS cadres under Indian Police Service (Cadre Rules) 1954.»

Samajwadi Party on Sunday renominated its Lok Sabha MP from Moradabad S T Hasan from the same seat and changed its Bijnor candidate by fielding Deepak Saini, the son of a party MLA. The party announced the names in a post on X. The Samajwadi Party had earlier named Yashveer Singh as its candidate from Bijnor. However, on Sunday, it named Deepak Saini as its candidate for the seat. He is the son of Ram Avtar Saini, the SP legislator from the Noorpur assembly segment that comes under the Bijnor parliamentary constituency.

S Jaishankar on Sunday said he has spoken to his Russian counterpart Sergey Lavrov and conveyed India's deepest condolences on the loss of lives in the «horrific terrorist attack» in Moscow. More than 130 people were killed in the attack on a suburban Moscow concert hall on Friday. «Spoke to Russian Foreign Minister Sergey Lavrov. Conveyed our deepest condolences on the loss of lives in the horrific terrorist attack in Moscow,» Jaishankar posted on X. Prime Minister Narendra Modi on Saturday had condemned the attack, calling it a «heinous terrorist attack».

Congress in a big way, Chief Minister Siddaramaiah said on Sunday, saying the internal surveys have indicated the party’s win in 20 seats. The CM, who reviewed the poll preparedness in Kodagu-Mysuru and Chamarajanagar seats in Mysuru, said the Congress had an electoral setback in 2019 because of its alliance with the JDS. Since the regional party had now gone with the BJP, the Congress had an electoral edge this time, he added. “We don’t lie like the BJP does and claim we will win all 28 seats,” Siddaramaiah said, answering queries from the media at the Mysuru airport.

fishermen are feared dead when their makeshift platform collapsed due to a Norwester wind at Dumboor Lake in Tripura’s Dhalai district. Officials said that one of the bodies has been recovered so far. An official of the Dhalai District administration said that the fishermen often stay in the makeshift ‘Mancha’ to carry out fishing in the giant Dumboor Lake.

Indian Premier League (IPL) 2024 matches are coming thick and fast just like NBA regular season games in the US. On the occasion of Holi 2024, Virat Kohli's Royal Challengers Bengaluru (RCB) will host Punjab Kings (PBKS) on Monday at M Chinnaswamy Stadium in Bengaluru. This venue holds the record of teams scoring more than 200 runs in an innings on most occasions — 27 times, and the average first innings score in the IPL here is 172.

Congress candidate for Sontipur Lok Sabha seat in Assam, Premlal Ganju, has just Rs 1 lakh cash in hand along with Rs 50,000 of his wife, according to the affidavit submitted to the Election Commission of India. Apart from the cash in hand, Ganju has Rs 5,06,995 and his wife Rs 1,77,453 in their respective bank accounts. The Congress nominee, who will contest in the general elections for the first time, in his affidavit submitted along with the nomination papers said that he has Rs 1,00,000 in cash with him and Rs 50,000 with his wife. The total movable assets including automobile and jewellery under his name are valued at Rs 21,00,310, while the same under his wife is Rs 5,62,453, making it Rs 26,62,763 worth of movable assets in the family.

Uttar Pradesh is gearing up for a grand celebration of Holi, honoring Lord Ram. The head priest of the Ram Janmabhoomi Temple, Acharya Satyendra Das, expressed the significance of this year's celebration, comparing it to the devotion shown after Lord Ram's idol installation. Shri Ram Janmbhoomi Teerth Kshetra shared pictures of the idol of Ramlalla and the devotees at Ram Temple in Ayodhya, Uttar Pradesh. This is the first Holi after the Pran Pratishtha ceremony.

complaints related to violation of the Model Code of Conduct (MCC) from across Rajasthan have been registered on the Election Commission's cVigil app over the last week, a senior official said on Sunday. Since the MCC came into force on March 16, more than 200 complaints are being received every day on the cVIGIL (Citizen Vigilance) app, said Chief Electoral Officer Praveen Gupta. A total of 1,515 complaints were registered on the app in the last seven days, he said. «Out of the 1,515 complaints received in the last seven days, 546 were found correct by the returning officers and were disposed of within the stipulated time (of 100 minutes). Six complaints are still pending for decision by the investigating teams and returning officers while 789 complaints were dropped,» he said.

lunar eclipse happens when the Earth moves between the Sun and the Moon, causing a shadow to be cast on the Moon. This event requires the Sun, Earth, and Moon to align closely in a straight line, a configuration termed syzygy. Such alignment occurs specifically during a full moon when the Moon is positioned opposite the Sun from the perspective of Earth. This year, the event will happen on March 25, 2024 which will coincide with the festival of Holi. The penumbral lunar eclipse is scheduled to commence at 10:24 AM Indian Standard Time (IST), reach its peak at 12:43 PM IST, and conclude by 3:01 PM IST. Can you see the eclipse in India?

Public sector banks (PSBs) are likely to pay a dividend in excess of Rs 15,000 crore for the financial year ending March 2024 on the back of improved profitability, according to sources. In the first three quarters of the current financial year, all 12 PSBs earned a total profit of Rs 98,000 crore, only Rs 7,000 crore less than the entire FY23. PSBs earned the highest-ever aggregate net profit of Rs 1.05 lakh crore during FY23 compared to Rs 66,539.98 crore earned in 2021-22. As a result, the government earned a dividend of Rs 13,804 crore, 58 per cent higher than the Rs 8,718 crore paid out in the previous financial year.

stores across Sri Lanka shut Sunday after the US fast-food giant launched a legal battle with its local franchise holder over allegations of poor hygiene, court officials said. The Commercial High Court of Colombo ordered the closures until April 4, after the parent company accused the local franchise holder of failing to meet international hygiene standards.

Congress leader Priyanka Gandhi Vadra on Sunday hit out at the BJP over the electoral bond scheme, saying never in the history of the country did any government gave legal validity to corruption. In a post on X, Priyanka alleged that 38 corporate groups donated Rs 2,004 crore to BJP through electoral bonds. «In return, they got contracts/projects worth Rs 3.8 lakh crore from BJP's central and state governments. ED, CBI, and IT raided 41 corporate groups. To avoid this, these groups donated Rs 2,592 crore to BJP. 16 shell companies donated Rs 419 crore to BJP. These also include companies which donated several times their total capital,» Priyanka said.

As the vibrant festival of Holi approaches, it brings with it an aura of joy, love, and togetherness. In the midst of spreading colors and laughter, exchanging warm wishes and heartfelt messages adds an extra sparkle to the festivities. Here are some delightful Holi wishes, WhatsApp messages, greetings, and Facebook statuses to share with your family and friends, spreading the essence of this beautiful occasion: