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PM to virtually flag off Jalna-Mumbai Vande Bharat service from Ayodhya

PM to virtually flag off Jalna-Mumbai Vande Bharat service from Ayodhya

Prime Minister Narendra Modi will flag off the inaugural run of the Jalna-Mumbai Vande Bharat Express through video link on Saturday, the Central Railway has said.

The CR said in a release on Friday that the PM will virtually flag off the 8-coach service while addressing a function at the redeveloped Ayodhya Dham railway station in Uttar Pradesh. He will also flag off two Amrit Bharat and five other Vande Bharat services between different cities.

Gold price dips Rs 380 to Rs 63,870, silver falls Rs 1,200 to Rs 78,300

Gold price dips Rs 380 to Rs 63,870, silver falls Rs 1,200 to Rs 78,300

The price of 24-carat gold fell Rs 380 during early trade on Friday, with ten grams of the precious metal selling at Rs 63,870, according to the GoodReturns website. The price of silver fell Rs 1,200 with one kilogram of the precious metal selling at Rs 78,300.

The price of 22-carat gold declined Rs 350, with the yellow metal selling at Rs 58,550.

MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai

MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai

Mumbai-based real estate developer MICL Group (Man Infraconstruction Limited) will invested Rs 50 crore at the group level for the residential redevelopment of a luxurious Virgo property at Mumbai's Pali Hill. MICL Group said that the redevelopment would see commitment and attention to detail come together, promising an exceptional living experience. With a limited number residential apartments, this project offers a rare opportunity for luxury living.

Bihar CM Nitish Kumar takes over as new JD(U) president; Lalan Singh quits

Bihar CM Nitish Kumar takes over as new JD(U) president; Lalan Singh quits

Bihar Chief Minister Nitish Kumar has been elected as president of the Janata Dal (United) at a meeting of the party's national executive in Delhi on Friday. Kumar was appointed the JD(U) 's top post minutes after Rajiv Ranjan Singh alias Lalan Singh stepped down from the post.

Speaking to reporters immediately after the meeting, Singh dismissed reports of a rift in the party, saying, "Anger? What anger? Why should I be angry? This is the first time I am hearing this word."

Rajasthan elections: 57% winners with cases won with vote share above 50%

Rajasthan elections: 57% winners with cases won with vote share above 50%

Sixty-one candidates with declared criminal records won in the Rajasthan Assembly elections 2023. Out of these, 35 or 57 per cent won with a vote share of 50 per cent or above, according to an analysis by the Association for Democratic Reforms (ADR). On the other hand, 38 per cent (53) out of 138 winners with clean backgrounds won with a vote share of 50 per cent or above.

The analysis also showed that 43 out of 61 winners with declared criminal cases have won against a runner-up with a clean background.

Tata Coffee, Tata Consumer Products merger to be effective from January 1

Tata Coffee, Tata Consumer Products merger to be effective from January 1

The scheme of arrangement between Tata Coffee Ltd (TCL), Tata Consumer Products Ltd (TCPL) and its wholly owned subsidiary TCPL Beverages and Foods Ltd (TBFL) will be effective from January 1, 2024.

The scheme involves the demerger of Tata Coffee's plantation business into TCPL Beverages and Foods and the merger of the remaining business with Tata Consumer Products.

Innova Captab makes quiet debut at 2% premium; strengthens post listing

Innova Captab makes quiet debut at 2% premium; strengthens post listing

Innova Captab made a quiet debut on Friday with its shares listing just 2 per cent higher at Rs 456 against the issue price of Rs 448 on the BSE. The stock of the pharmaceutical company listed 1 per cent higher at Rs 452 on the National Stock Exchange (NSE).

However, soon after the listing, Innova Captab gained steam and moved to Rs 502, up 12 per cent over its issue price on the BSE. It hit a low of Rs 452 in intra-day trade. A combined around 7.3 million equity shares had changed hands on the NSE and BSE.

SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI

SBI, HDFC Bank will need to maintain higher capital from FY25, says RBI

State Bank of India (SBI), HDFC Bank, and ICICI Bank continue to be in the list of the domestic systemically important banks (D-SIBs) of the Reserve Bank of India, though the first two will require maintaining higher capital as they move up one notch in the ladder.

“While ICICI Bank continues to be in the same bucketing structure as last year, SBI and HDFC Bank move to higher buckets – SBI shifts from bucket 3 to bucket 4, and HDFC Bank shifts from bucket 1 to bucket 2,” RBI said in a statement.

Actor and DMDK Founder Vijayakanth passes away in Chennai's MIOT Hospital

Actor and DMDK Founder Vijayakanth passes away in Chennai's MIOT Hospital

Actor-politician and founder of the Desiya Murpokku Dravida Kazhagam (DMDK), Vijayakanth (also known as Narayanan Vijayaraj Alagarswami), passed away at MIOT Hospital in Chennai on Thursday.

The hospital said in a statement that the 71-year-old actor was on ventilator support following his admission for pneumonia. "Captain Vijayakanth was on ventilatory support following his admission for pneumonia. Despite the best efforts of the medical staff he passed away in the morning on 28th December 2023," the hospital said.

HUDCO hits new peak, up 13% on Rs 14500 cr financing pact with Gujarat govt

HUDCO hits new peak, up 13% on Rs 14500 cr financing pact with Gujarat govt

Shares of Housing & Urban Development Corporation (HUDCO) rallied 13 per cent on the BSE to fresh highs of Rs 129.29 in Thursday’s intra-day trade after the company signed a financing pact with Gujarat govt for investment of Rs 14,500 crore.

In the past two days, the stock of the state-owned financial institution has surged 23 per cent. It has surpassed its previous high of Rs 119.55 touched on December 14.

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