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Meanwhile, Chennai and nearby areas are likely to receive light to moderate rain with thunderstorms and lightning in the next 48 hours.",
Shares of JSW Infrastructure, a part of JSW Group, on Tuesday made a remarkable market debut and ended with a premium of over 32 per cent against the issue price of Rs 119.",
Sanjay Leela Bhansali is infamous for his short temper but is also hailed as a perfectionist who doesn’t let a single detail slip out of sight while working on his projects. In a recent interaction, Bhansali was asked if he ever lets a shot pass thinking, ‘chal jaega‘ (it will do) and the filmmaker compared such thinking to a “sin.”"
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After investing Rs 6,850 crore on June 3 after the exit poll results were announced foreign portfolio investors (FPIs) were big sellers in the stock market in the next four days amid the fall and rise in stocks in the wake of the unexpected poll outcome.",
We would request you that RBI monitoring of banks should be a triad – a combination of risk-based supervision, off-site surveillance and random on-site inspections of operational systems, which, we feel, will give the best result instead of RBI totally dispensing with on-site inspections,” the union said in the letter.",
Gujarat Congress president Shaktisinh Gohil said the voters in India have “shattered the BJP’s arrogance” after the saffron party looked set to fall short of the majority mark of 272 on its own and failed to repeat its sweep in the state as Lok Sabha election results in 2024 came out on Tuesday.",
Investors sold out of Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company’s stock. The private-sector lender’s shares plunged up to 30 percent, its biggest intraday percentage loss in over 7 months, dragging down the broader NSE Index in the market’s first response to its results reported late Friday. Markets were closed on Monday."
Fintech firm BharatPe on Tuesday said it has elevated its interim CEO and chief financial officer Nalin Negi as full-time chief executive officer. Negi was given charge of interim CEO in January 2023 after then CEO Suhail Sameer stepped down from the post."
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The incident took place at a college at Jambukulam near Sholinghur. According to the police, the students involved in the clash were first-year BA English students belonging to two different villages – Rajanagaram near Thiruvallur and Sriram Nagar near Sholinghur. For a while now, the students of the two villages had been having frequent arguments while in college, the police added."
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Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”"
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