Author: News Desk

The board “inter-alia approved the raising of funds by way of issue of equity shares of face value of Rs 2 each through rights issue for an amount not exceeding Rs 4,000 crore to the eligible equity shareholders of the company as on the record date (to be determined in due course), subject to receipt of regulatory/statutory approvals,” Grasim Industries said in a filing with the stock exchange.A rights issue is offered to existing shareholders of a company, enabling them to buy more shares in it. Such shares are usually offered at a discount to the market price in order…

Gujarat Mercantile Co-operative Bank was penalised as the bank had breached the prudential inter-bank gross exposure limit, breached the prudential inter-bank counterparty exposure limit, and not maintained the minimum Cash Reserve Ratio (CRR) for certain days, the RBI explained.A monetary penalty of Rs 1.7 lakh was imposed West End Housing Finance as it failed to obtain prior written permission of NHB/RBI for change in its shareholding due to progressive increases over time, resulting in the transfer of shareholding beyond the permitted limit, the RBI said.“This action is based on the deficiencies in regulatory compliance and is not intended to pronounce…

A Division Bench of Chief Justice Satish Chandra Sharma and Justice Sanjeeb Narula was hearing a Public Interest Litigation (PIL) filed by Ashwini Kumar Upadhyay, a lawyer and a BJP leader, advocating for a holistic approach to medicine.The Bench acknowledged the wealth of knowledge present in different medical systems, such as Allopathy, Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy.The court suggested that it should be explored whether these various branches of medicine can be integrated.The Bench said that these medical systems are distinct branches with differing understandings of the human body and that all bodies are unique.It expressed a belief…

Jharkhand is the first state which has taken steps towards bringing people working on contract or commission for companies like Swiggy-Zomato-Ola-Uber-Rapido under the ambit of minimum wages. No other state government has taken such an initiative till now.Labour Commissioner Sanjiv Kumar Besra, Minimum Wage Board Director Rajesh Prasad, Federation of Jharkhand Chamber of Commerce & Industries President Kishor Mantri, Jharkhand INTUC President Rakeshwar Pandey and representatives of CITU, BMS and AITUC trade unions have been included in the committee formed by the Jharkhand State Minimum Wage Advisory Council under the state’s labour department.This committee will study the conditions in which…

‘Saroops’ (scriptures) of Guru Granth Sahib are brought from gurdwaras to wedding destinations to organise the ceremony as per Sikh rituals.The five high priests, headed by Akal Takht Jathedar, Giani Raghbir Singh, took this decision to ban the ‘Anand Karaj’ at resorts and beaches.“As per complaints sent by the Sikh community, some people violate ‘maryada’ by conducting ‘Anand Karaj’ by installing Guru Granth Sahib at beaches or resorts. As per the resolve of the Panj Singh Sahiban, conducting ‘Anand Karaj’ with installation of Guru Granth Sahib at these places is banned,” said Giani Raghbir Singh.In the other resolutions adopted at…

The SP chief paid tributes to the deceased Prem Chand Yadav. Akhilesh Yadav first went to the house of Satya Prakash Dubey where five members of the family had been killed but could not meet anyone since his son Devesh was not present. Devesh has been demanding that the house of Yadav should be bulldozed. He had said that he would not perform the post-death rituals of his family members unless justice was given to him. Akhilesh Yadav then went to the house of Prem Yadav and met his daughters. A ‘Narain puja’ was held at the house on Monday…

KJo attended the special screening of the movie, along with the star cast SRK and Rani Mukerji.Talking about the milestone, KJo said: “Every memory of this film is special. I remembered my father telling me if this movie goes average, then also you understand you have a career. I am glad it went well, and it’s all because of Aditya Chopra and SRK.”SRK commented: “I have always said that Karan Johar and Aditya Chopra, and of course Yash Chopra and Yash Johar because of whom I became a star, I will always be grateful to them. But now I don’t…

She was interacting with the media in New Delhi on an explosive chapter in her latest book, “Madam Commissioner: The Extraordinary Life of an Indian Police Chief”, released on Sunday in New Delhi.Chadha-Borwankar, though she has not mentioned Ajit Pawar in her book, recounted that 2010 ‘encounter’ with him in the office of the Pune Divisional Commissioner, and also how the then Home Minister, (the late) R. R. Patil had later advised her to ‘keep off’ that land deal matter.The former Pune Police chief categorically said that she resisted the pressures by Ajit Pawar and ‘saved’ the city police’s prime…

Scientists from the Cold Spring Harbor Laboratory (CSHL) in the US sequenced the genomes of the Jamaican fruit bat and Mesoamerican moustached bat — that belong to the world’s most ecologically diverse superfamily of mammals. When they compared these sequences to other mammals, the team found that rapid evolution has streamlined bat genomes to defend against infection and cancer.“We didn’t know immune system genes were so positively selected in bat genomes. Bats have a number of very unusual things about them. They don’t respond to infections the way we do. In retrospect, it’s not surprising that this difference in the…

“Honoured to call on PM Pham Minh Chinh, of Vietnam. Conveyed the greetings of PM @narendramodi. Valued his guidance for the further development of our bilateral relationship. A stronger India-Vietnam partnership contributes to a stable, secure and prosperous Indo-Pacific,” Jaishankar posted on X after the meeting.Earlier, Jaishankar had participated with his Vietnamese counterpart Bui Thanh Son, in a meeting of the 18th India-Vietnam Joint Commission in Hanoi.”Thank my co-chair @FMBuiThanhSon. Our discussions covered cooperation in political, defence & maritime security, judicial, trade & investment, energy, development, education & training, science & technology, cultural domains,” Jaishankar said on X. “Convinced that…