Adani Enterprises stock falls nearly 2%; All Gautam Adani group stocks plunge except Adani Transmission

Adani Enterprises stock falls nearly 2%; All Gautam Adani group stocks plunge except Adani Transmission

Gautam Adani-led Adani Enterprises share price tanked 1.85% to Rs 2,463 today. On Friday, Adani Enterprises signed a share purchase agreement to acquire a 100% stake in Stark Enterprises-owned Trainman – an IRCTC-authorised train ticket booking agent. AEL will acquire Trainman through its wholly-owned subsidiary Adani Digital Labs. Adani Enterprises stock has risen 26% in the last one month and has fallen nearly 40% in the last six months.?

Read More: https://www.financialexpress.com/market/adani-enterprises-stock-falls-nearly-2-all-gautam-adani-group-stocks-plunge-except-adani-transmission/3131821/

Tata Steel shares jump, then fall 1.4% from intraday high; more details emerge on Rs 16,000-crore capex plan

Tata Steel share price gyrated between red and green on Monday despite reports suggesting the steel major plans a capital expenditure of up to Rs 16,000 crore for its domestic and global operations during this financial year. The share price was nearly flat at Rs 114.15 apiece, from Friday’s close of Rs 114.25. Today, after touching an intraday high of Rs 115.6 at opening, the scrip tanked 1.4% to touch an intraday low of Rs 114.

Read More: https://www.financialexpress.com/market/tata-steel-shares-jump-then-fall-1-4-from-intraday-high-more-details-emerge-on-rs-16000-crore-capex-plan/3131827/

Balasore train accident: Indian Railways cancels several trains due to track maintenance work at Bahanaga Bazar railway station

A total of 20 trains cancelled and several others have been diverted and short-terminated following the track maintenance works at Odisha’s Bahanaga Bazar railway station. The station falls under the jurisdiction of?South Eastern Railway‘s (SER) Kharagpur Division.

Earlier this month, more than 289 passengers lost their lives while around 900 were injured in the horrific train crash, involving the Bengaluru-Howrah Superfast Express, the Shalimar-Chennai Central Coromandel Express and a goods train. This has been considered as the deadliest train accident in recent times.?

Read More: https://www.financialexpress.com/business/railways-balasore-train-accident-indian-railways-cancels-several-trains-due-to-track-maintenance-work-at-bahanaga-bazar-railway-station-3131460/

What will drive insurance industry’s performance in FY24

FY24 began on a sluggish note for the insurance sector with Annual Premium Equivalent (APE) declining by around 11 per cent in April. For May, the non-single premiums fell by 2.1 per cent as against 106.4 per cent reported in May 2022, while single premiums fell by 4.9 per cent in May 2023 vs. an increase of 82.2 per cent in May 2022. Private insurance companies continue to extend their lead in the individual non-single premium segment while the year-to-date first-year premium of life insurers reported a drop of 15 per cent to Rs 36,043.1 crore this May after an 86.7 per cent increase in May 2022.

Read More: https://www.financialexpress.com/industry/what-will-drive-insurance-industrys-performance-in-fy24/3132271/

Prabhas-Kriti Sanon’s Adipurush is a failed business opportunity: An open letter to Bollywood

Let me be straight and request you to stop making films if you cannot do justice to mythology – Where you literally had no job to do other than putting in money – You had a readymade plot, a sure shot formula for a hit film, religious angle and support from the audience. Still, you managed to ruin the mythology for the audience.

Read more: https://www.financialexpress.com/lifestyle/prabhas-kriti-sanons-adipurush-is-a-failed-business-opportunity-an-open-letter-to-bollywood/3132100/

Maruti Suzuki Invicto MPV bookings open: India launch on July 5

Maruti Suzuki, India’s largest carmaker, has today announced that the company has started accepting pre-orders for its upcoming three-row MPV – Invicto. The all-new Maruti Suzuki Invicto will be launched in India on July 5, 2023. One can pre-book this premium MPV by paying a token amount of Rs 25,000 on the company’s official website or by visiting their nearest Nexa dealership.

Read More: https://www.financialexpress.com/auto/car-news/maruti-suzuki-invicto-mpv-bookings-open-india-launch-on-july-5/3132181/

Lupin launches injection for treating Vitamin B1 Deficiency in the United States

Global pharma major?Lupin Limited?on Monday announced the launch of Thiamine Hydrochloride Injection USP, 200 mg/2 mL (100 mg/mL) Multiple-dose Vials.

This comes after Lupin’s alliance partner Caplin Steriles Limited (Caplin) received approval for its ANDA from the United States Food and Drug Administration (U.S. FDA).

Read More: https://www.financialexpress.com/healthcare/pharma-healthcare/lupin-launches-injection-for-treating-vitamin-b1-deficiency-in-the-united-states/3131770/

What you must check before taking an education loan

Education loans help bridge the financial gap and enable students to access quality education without facing immediate financial constraints. Such loans typically have specific terms and conditions that borrowers must adhere to. The loan amount, interest rates, repayment period, and eligibility criteria may vary depending on the lender and the loan scheme. Some education loans may require collateral or a guarantor, while others may be offered without such requirements.

Read More: https://www.financialexpress.com/money/what-must-you-check-before-taking-an-education-loan/3130794/

7th Pay Commission: Dearness Allowance rate may jump over 50% next year. Govt urged to set 8th CPC

7th Pay Commission Latest News: The Railway Senior Citizens Welfare Society (RSCWS) recently urged Finance Minister Nirmala Sitharaman to set up the 8th Pay Commission from 1st January 2024 as the rate of Dearness Allowance (DA) and Dearness Reied (DR) is expected to rise above 50% next year.

In a memorandum to the Ministry of Finance dated 30th May 2023, the RSCWS shared reasons why a new pay commission for central government employees and pensioners is required. Read on to know what the memorandum said.

Read More: https://www.financialexpress.com/money/7th-pay-commission-dearness-allowance-rate-may-jump-over-50-next-year-govt-urged-to-set-8th-pay-commission-cpc/3131758/

Baby strollers to nursing station: This is how Delhi Airport is getting toddler-friendly

Good news for flyers! The?Delhi airport?is providing a lot of facilities to meet the?needs of the little ones while travelling. The move aims at making the travel easier for the passengers as they don’t have to walk around while carrying the kids in their lap.?

Read More: https://www.financialexpress.com/business/airlines-aviation-baby-strollers-to-nursing-station-this-is-how-delhi-airport-is-getting-toddler-friendly-3130870/

EXCLUSIVE INTERVIEW WITH AKSHAY KUMAR: Audiences tell us when we are right and where we are wrong – That’s reflected in box office numbers

Akshay Kumar: If a film does not work, that means people didn’t come to see it, which in turn means that they didn’t connect to it. And it means that’s the time for you to change. Which I think we as an entire industry are trying to do.

Read more: https://www.financialexpress.com/lifestyle/exclusive-interview-with-akshay-kumar-audiences-tell-us-when-we-are-right-and-where-we-are-wrong-thats-reflected-in-box-office-numbers/3131388/


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