ITC Hotels made its market debut with shares listing at Rs 188 on BSE and Rs 180 on NSE, hitting a market cap of around Rs 39,000 crore. The shares quickly hit a 5% lower circuit due to profit taking. ITC Hotels plans expansion and reported significant growth in revenue and margins.
The cabinet committee on security, led by the PM, approved two critical deals worth Rs 10,200 crore for ammunition of the indigenous Pinaka multi-launch artillery rocket systems. These deals include high-explosive pre-fragmented rocket ammunition and area denial munitions, enhancing the Army’s capabilities with extended strike ranges and area saturation features.
Astronaut Sunita Williams, stranded at the ISS since June 2024, struggles to remember how to walk as she awaits her return to Earth in spring 2025. Williams and fellow astronaut Butch Wilmore have been stuck due to Starliner’s mechanical issues, now awaiting a Dragon capsule for their return.
The stock market is expected to undergo a significant shift with potential recovery soon, as highlighted by Morgan Stanley. Despite recent declines and low trading volumes, growth is anticipated to return, supported by government spending and positive retail investor participation.
At least 30 people died and 60 were injured in a stampede at the Maha Kumbh in Prayagraj just before the crucial ‘Amrit Snan’ on Mauni Amavasya. Prime Minister Modi expressed condolences and emphasized local administration’s ongoing rescue efforts. The incident occurred as the massive crowd surged, resulting in chaos and the breaking of barricades. … Read more
Steve Smith fell just one run short of 10,000 Test runs in the Border-Gavaskar Trophy series against India, reaching the milestone during the Test series against Sri Lanka. Smith became the fifth-fastest and 15th player overall to reach 10,000 Test runs. He joins Australian legends Ricky Ponting, Allan Border, and Steve Waugh in achieving this … Read more
Amthane dam gates fixed, Bardez to get water today
Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view that since no major exemptions and deductions are available under the new income tax regime, there is a strong case to hike the … Read more
External affairs minister S Jaishankar’s three-day visit to the UAE strengthened the India-UAE comprehensive strategic partnership. He held key meetings with UAE President Mohamed Bin Zayed, crown prince Khaled Bin Mohamed Bin Zayed, and other leaders, discussing future collaborations. Jaishankar also participated in the Raisina Middle East conference and India’s Republic Day celebrations in Abu … Read more