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AIADMK party on Wednesday released its first list of 16 candidates for the upcoming Lok Sabha polls 2024. While releasing the list, party general secretary, Edappadi K Palaniswami said that five constituencies have been allocated to the DMDK; and one each to Puthiya Tamilagam and SDPI. «In the AIADMK alliance, DMDMK is to contest in 5 seats, SDPI in 1 seat and Puthiya Tamilagam in 1 seat, from Tenkasi constituency,» said Palaniswami.

Au Small Finance Bank Ltd. rose 0.46 per cent to Rs 562.3 at 11:06AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 19,529 shares with a turnover of Rs 1.09 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 23.44, while the price-to-book value ratio stood at 0.0.

Gujarat Narmada Valley Fertilizers & Chemicals with a target price of Rs 730. The current market price of Gujarat Narmada Valley Fertilizers & Chemicals Ltd. is Rs 607.05. Gujarat Narmada Valley Fertilizers & Chemicals Ltd., incorporated in the year 1976, is a Small Cap company (having a market cap of Rs 8875.95 Crore) operating in Fertilisers sector.

₹200 to ₹210 per equity share of the face value of ₹10. The issue will open for subscription on Tuesday, March 26, and will close on Thursday, March 28.

Sebi) has proposed that IPO bound companies should disclose details about the proposed issue, including the risks factors in an audiovisual presentation of not more than eight minute duration. The lead manager to the public issue should create the audiovisual in a bilingual version, English and Hindi. The total duration of the audiovisual would have to be equitably distributed among the material disclosures made under various sections of the public issue offer document such as risk factors, capital structure, objects of the offer, business of the issuer, financial information, litigations and material developments.

ISLAMABAD: An earthquake of 5.5 magnitude struck Pakistan on the wee hours of Wednesday, the National Centre for Seismology reported. The earthquake occurred at 2:57 am (IST) and its depth was measured at 105 km.

Mashle: Magic and Muscles episode 23 is set to follow the intense action and emotional depth of episode 22. Fans are eagerly awaiting the next installment, which promises to be a standout in the series.

Warner Bros. has unveiled the second trailer for George Miller's «Furiosa,» the prequel to the acclaimed "Mad Max: Fury Road." Anya Taylor-Joy stars as Imperator Furiosa, stepping into the role famously portrayed by Charlize Theron in the series reboot. New Trailer

MUMBAI: Sterling and Wilson, an engineering, procurement and construction company of the Shapoorji Pallonji Group, will raise ₹700 crore from a group of strategic investors through a stake sale in its data centre business, senior company officials said. «The modalities of stake sale are still under discussion, but the strategic investors (more than one) have agreed to bring in ₹700 crore into Sterling and Wilson,» Prasanna Sarambale, CEO of data centre business at Sterling and Wilson (SWPL), told ET. For this purpose, the company will hive off the data centre business — created in 2015 — as a separate entity, he said. The company will use the proceeds from stake sale to pare overall group debt as well as towards growth capital, Sarambale said.

Reliance Power settled the debts owed to three banks — ICICI Bank, Axis Bank, and DBS Bank — last week while its parent Reliance Infrastructure is working towards settling dues of Rs 2,100 crore to JC Flowers Asset Reconstruction Company, said people with knowledge of the matter. «Reliance Power aims to be a debt-free company by the end of this fiscal year. The only debt on its books will be the working capital loan from IDBI Bank,» said a senior executive from a commercial bank. The three lenders jointly had about Rs 400 crore and have recovered close to 30-35% of their principal loans, another lender said. Reliance Infrastructure and JC Flowers ARC had entered into a standstill agreement, according to notice issued to the exchanges on January 7. Initially, the standstill was until March 20, 2024, according to a separate stock exchange disclosure. «This was recently extended to March 31, 2024,» said a spokesperson of Reliance Infrastructure.

market as India heads into general elections scheduled to start in a month from now. Sales, which typically surge ahead of general elections, are expected to be muted with political parties refraining from promising free devices to their constituents as has been the case before. Market trackers said tepid demand has dampened sales in the high-volume sub-₹20,000 price segment that was expected to revive this year led by budget 5G smartphones. According to Counterpoint Research, smartphone sales fell around 5% on year in January, with similar trends being observed for February. «Post festive season effect, increased replacement cycles and absence of government money infusing policies are some of the reasons for slow demand,» said Shilpi Jain, senior research analyst at Counterpoint Research.

influencer marketing agency YKONE has bought a controlling stake in Indian content and influencer marketing agency Barcode Entertainment to foray into the Indian market, top executives of both firms told ET. YKONE has bought a 70% stake in the Mumbai-based Barcode for an estimated valuation of $18-20 million. The two companies refused to confirm the value of the transaction, which is one of the biggest in the fledgling influencer marketing industry, pegged at ₹1,200 crore. YKONE has paid cash to acquire the 70% stake and intends to buy out the remaining 30% stake through an equity swap. Rahul Khanna, CEO of Barcode, will become a board member of YKONE.

Their connection with pro-Khalistan elements became evident when jail authorities last month recovered a smartphone with SIM, a keypad phone, a TV remote with keyboard, a spy cam pen, pen drives, Bluetooth headphones, speakers and a smartwatch from jailed pro-Khalistan leader Amritpal Singh, said the National Investigation Agency (NIA). In this part, ET takes a look at how a gangster syndicate along with suspected terrorists continue to operate inside the jails.

CAA rules, the Matua community's umbrella organisation on Tuesday asked its members to apply for citizenship only after the formation of a new government at the Centre if they don't have the necessary documents required to prove their previous residential addresses in Bangladesh. The Centre has launched a portal for applying for citizenship under the CAA but many Matua members have faced difficulty in Column 5 of the portal during application. All India Matua Mahasangha has asked its members to not apply for citizenship under the new law for now as many of them do not have required documents. Mahasangha's general secretary Mahitosh Baidya told ET: «Many Matua members tried to fill the online application but have faced difficulties. In column 5, documents related to Bangladesh have been sought like Bangladeshi passport, birth certificate, land deeds or business or job related documents. This column cannot be skipped as 'Not Applicable' and thus they cannot go to the next level.»

K S Eshwarappa, a staunch RSS supporter, has revolted against the party. Eshwarappa went all out against the former chief minister and BJP parliamentary board member B S Yediyurappa after his son K E Kantesh could not make it to the list of candidates announced by the high command a week ago. Karnataka has 28 Lok Sabha seats.

margins, helped by a moderation of raw materials prices, a report said. Indian-made foreign liquor (IMFL) companies are expected to witness 11-13 per cent revenue expansion supported by a preference towards premium products amid volume growth of 3-5 per cent on a high base of FY2024, the report by rating agency ICRA said. The revenue of the beer companies will witness a 9-11 per cent increase, helped by volume growth of 4-6 cent, the report said. «ICRA expects beer to witness a good season in Q1 FY2025 in anticipation of a hot summer compared to the previous fiscal, which had encountered unseasonal rainfall,» it said.

Rishabh Pant was on Tuesday appointed as the captain of Delhi Capitals for the upcoming edition of the IPL, marking a wonderful chapter in his miraculous comeback saga. The keeper-batter missed cricketing action for 14 months after suffering a horrific car accident in December 2022. «We are delighted to welcome Rishabh back as our captain. Grit and fearlessness have always dictated his brand of cricket, and not surprisingly, even his road to recovery. »I can't wait to see him walk our team out once again as we look forward to a new season with renewed passion, vigour and enthusiasm," said DC chairman and co-owner Parth Jindal in a media release.

penalties on DCB Bank and Tamilnad Mercantile Bank for non-compliance with certain directions related to 'interest rate on advances'. A monetary penalty of Rs 63.6 lakh has been imposed on DCB Bank, the RBI said in a statement.

Lalu Prasad's daughter Rohini Acharya, who is based in Singapore, is being considered for a Lok Sabha ticket from the Saran seat, earlier represented by her father, a senior party leader said on Tuesday. RJD MLC Sunil Kumar Singh, who is known to be treated by Prasad's wife Rabri Devi as her own brother, said the party leadership has been apprised of the overwhelming public sentiment in Saran. Singh, who had recently raised many eyebrows when he openly pitched for Acharya on social media, said, «It was not just my view. All our sitting and former legislators in Saran are of the view that Rohini, and none else, should be the RJD candidate.» He said Acharya enjoyed respect on account of her «sacrifice», a reference to her having donated a kidney to her ailing father.

(Reuters) -U.S. Bank NA and Oppenheimer & Co have agreed to pay fines to settle charges from the U.S. Commodity Futures Trading Commision over use of unapproved communications channels, the regulator said on Tuesday.

Nayab Singh Saini government in Haryana carried out the first cabinet expansion on Tuesday by inducting eight MLAs as ministers. Saini and five ministers took oath last week. Governor Bandaru Dattatreya administered the oath of office and secrecy to the new ministers at the Raj Bhavan here. BJP MLA from Hisar Kamal Gupta was the first one to be administered oath as cabinet minister.