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Vedanta stock rallies 15% in one week as market cap climbs to Rs 2 trn

Vedanta stock rallies 15% in one week as market cap climbs to Rs 2 trn

Shares of Vedanta have continued their upward trajectory to hit a new high of Rs 515.85, after gaining 3 per cent on Friday’s intra-day trade, on the BSE.

The stock of the Anil Agarwal-promoted company has rallied 8 per cent in two days, after it announced the schedule of a board meeting to consider the fourth interim dividend for FY25.

IPL 2025: Former CSK pacer DJ Bravo joins Kolkata Knight Riders as mentor

IPL 2025: Former CSK pacer DJ Bravo joins Kolkata Knight Riders as mentor

Former West Indies pacer DJ Bravo has joined Indian Premier League defending champions Kolkata Knight Riders as a mentor. Known for his illustrious career, especially in T20 cricket, Bravo will be guiding the KKR bowling line-up from the next season.

KKR officially announced Bravo's appointment one day after he announced his retirement from all forms of cricket on Thursday (September 26).

Jagan likely to be issued notice at Tirupati Airport ahead of temple visit

Jagan likely to be issued notice at Tirupati Airport ahead of temple visit

Ahead of YSRCP chief YS Jagan Mohan Reddy's planned visit to Lord Venkateswara Swamy temple at Tirumala Hills, the district police on Friday issued notice to several leaders and cadre of the party not to defy Section 30 of the Police Act which is in force.

According to a senior police official, the police may also issue a notice to the former chief minister after he lands at Renigunta Airport near here later in the day, before proceeding to Tirumala, not to defy prohibitory orders.

Amid election fever, Trump launches diamond watches worth up to $1 lakh

Amid election fever, Trump launches diamond watches worth up to $1 lakh

Former US President Donald Trump, eyeing a comeback in the upcoming US elections, launched a diamond-studded Official Trump Watch Collection on Thursday, making it the latest of his business ventures.

The most expensive watch, encrusted with 122 diamonds on its bezel, is priced at $100,000. It is available in three 18-karat gold styles and another ‘Fight Fight Fight’ model is listed at $499.

Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore

Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore

Softbank-backed food delivery firm Swiggy said on Thursday it aims to raise Rs 3,750 core ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.

Existing shareholders including Accel India and Tencent Europe will sell about 185.3 million shares, the Bengaluru-based startup said in its draft prospectus.

Byju's insolvency case: SC reserves verdict on plea challenging NCLAT order

Byju's insolvency case: SC reserves verdict on plea challenging NCLAT order

The Supreme Court on Thursday reserved its verdict on a plea of a US firm against the NCLAT order stopping insolvency proceedings against ed-tech firm Byju's.

A bench headed by Chief Justice D Y Chandrachud asked the insolvency resolution professional (IRP) to maintain status quo till the apex court delivers its judgement in the matter.

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

Low-cost carrier SpiceJet credited pending salaries of its employees for the months between June and August this year late on Wednesday, a company source said.

The clearing of salary dues comes days after the airline raised Rs 3,000 crore through a Qualified Institutional Placement (QIP).

Mumbai court sentences Sanjay Raut to 15 days imprisonment in defamation case

Mumbai court sentences Sanjay Raut to 15 days imprisonment in defamation case

A Mumbai court on Thursday sentenced Shiv Sena (UBT) MP Sanjay Raut to 15 days simple imprisonment in a defamation complaint filed against him by BJP leader Kirit Somaiya's wife Medha Somaiya.

The metropolitan magistrate (Sewree court) convicted the Rajya Sabha member under Indian Penal Code Section 500 (punishment for defamation) and also imposed a fine of Rs 25,000 on him.

Paracetamol, Antacid, Pan D among 53 drugs to fail regulator's quality test

Paracetamol, Antacid, Pan D among 53 drugs to fail regulator's quality test

Over 50 medicines, including those for diabetes, hypertension, vitamins, calcium D3 supplements, bacterial infections, and acid reflux, have failed quality tests conducted by India’s drug regulator.

The Central Drugs Standard Control Organisation (CDSCO) issued a ‘Not of Standard Quality’ (NSQ) alert for August, highlighting that some of the top-selling medicines were produced by well-known pharmaceutical companies, including Alkem Laboratories, Hetero Drugs, Hindustan Antibiotics Limited (HAL), and Karnataka Antibiotics and Pharmaceuticals Ltd.

Congress has become spokesman of urban naxals: BJP chief JP Nadda

Congress has become spokesman of urban naxals: BJP chief JP Nadda

BJP president and Union Minister JP Nadda on Thursday came down heavily on opposition Congress and labelled the party as the "spokesperson of urban naxals." Nadda made these remarks while addressing a meeting to mark the BJP's membership drive in Odisha.

"The Congress has become the spokesperson of urban naxals and is encouraging disintegrative forces in the country," he told a gathering of intellectuals who have joined the saffron party in the state.

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