The newly inaugurated state-of-the-art Ram mandir in Uttar Pradesh's Ayodhya is a blend of tradition and technology in terms of its construction. Built to last 1,000 years and constructed in the traditional 'Nagara' style, the temple also has a unique feature – the Surya Tilak mechanism. This mechanism is designed in a manner that the Sun rays will fall on Lord Ram's forehead every year at noon on Ram Navami.

The phenomenon will last for about six minutes on Ram Navami, celebrated on the ninth day of the first month of the Hindu calendar, to mark the birth of Lord Ram, Union minister Jitendra Singh announced on the eve of the consecration ceremony on Sunday.

Prosus, the largest shareholder in Swiggy, may be classified as a promoter in the upcoming initial public offering (IPO) of the online food and grocery delivery company, according to a report by The Economic Times (ET). Prosus, the Dutch-listed investment arm of South African conglomerate Naspers, has been attempting to reduce its holding in Swiggy from 33 per cent to below 26 per cent. However, talks with potential investors for the stake reduction have not been successful.

Under Indian regulations, a shareholder holding 26 per cent or more is considered a promoter, subjecting them to restrictions on the shares they can sell post-IPO.

To address housing concerns and target problematic institutions, Canada's Immigration Minister, Marc Miller, has announced a cap on the number of student visas to be issued over the next two years while addressing a press conference in Ottawa on Monday. The cap will be effective for two years, with a reassessment planned for 2025.

This news comes weeks after the United Kingdom (UK) more stringent international visa norms for Indian students.

Ather Energy, the Bangalore-based electric vehicle manufacturer, on Friday announced the upcoming launch of its new family-oriented electric scooter, named "Ather Rizta." Rizta embodies a new direction for Ather, catering specifically to families' needs as opposed to the previous focus on sporty and youthful models like the 450 Series.

The announcement was made by CEO Tarun Mehta on the social media platform ‘X’.

Foreign investors have adopted a cautious approach this month, offloading domestic equities worth Rs 13,000 crore in the first three weeks owing to high valuations of Indian stocks and surging US bond yields.

In contrast, foreign investors are bullish on the debt market and injected Rs 15,647 crore in the debt market during the period under review, data with the depositories showed.

Reliance Industries (RIL) earnings from oil-to-chemicals (O2C) division are poised to remain volatile and range-bound, a top company executive and analysts said.

The oil-to-telecom conglomerate on Friday reported a 9.3 per cent year-on-year (Y-o-Y) increase in its consolidated net profit for the quarter ended December 2023.

Trading on stock exchanges and money markets will remain closed on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya.

In a circular, the NSE said the currency derivative segment would remain closed on January 22.

Reliance Industries (RIL) Chairman and Managing Director Mukesh Ambani's Mumbai residence, "Antilia," has been adorned with diyas and "Jai Shri Ram" holograms in preparation for the 'pran pratistha' ceremony at Ayodhya's Ram Mandir. The 27-storied iconic house dazzled with lights and banners as Ambani readied for the grand opening of the Ram Mandir, where Prime Minister Narendra Modi and other prominent dignitaries are also expected to be present on Monday.

Pran pratishtha ceremony at Ayodhya Ram mandir: Prime Minister Narendra Modi is set to participate in the much-anticipated Ram mandir consecration or "pran pratishtha" ceremony to be held in the temple town of Ayodhya in Uttar Pradesh on Monday, January 22.

Tens of thousands of chanting and dancing devotees waving flags, honking horns and beating drums have gathered in Ayodhya, with roads clogged, trains packed full, and the rest marching on foot.

Shares of Ganesh Housing Corporation rallied 15 per cent on BSE to a fresh high of Rs 694.15 in Saturday’s intra-day trade.

In the past four days, the stock of the Ahmedabad-based real estate company has zoomed 54 per cent after it reported strong earnings for the December quarter (Q3FY24).

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