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Adani Group to invest Rs 1.3 trn in FY25; raise up to $3 bn in equity

Adani Group to invest Rs 1.3 trn in FY25; raise up to $3 bn in equity

The Adani group plans to invest up to Rs 1.3 trillion in 2024-25 (FY25) to expand its capacity across its portfolio companies and will raise up to $3 billion (Rs 25,000 crore) in equity this financial year to fund the projects.

Among its portfolio companies, Adani Green Energy will invest Rs 34,000 crore to expand its facilities in Gujarat’s Khavda, said Adani Group Chief Financial Officer Jugeshinder ‘Robbie’ Singh here on Tuesday.

Sebi's T+0 settlement cycle finds few takers in soft launch phase

Sebi's T+0 settlement cycle finds few takers in soft launch phase

Market regulator Securities and Exchange Board of India’s (Sebi’s) experiment with the same-day settlement cycle has found few takers during its soft launch phase, rolled out for just 25 stocks.

Since its introduction in March, the T+0 mechanism — an optional settlement cycle, parallel to the mainstream T+1 cycle where trades are settled on a next-day basis — has logged a turnover of just Rs 5.7 lakh on the NSE, with six of the 25 scrips not recording even a single trade. Of the total, over 80 per cent, or Rs 4.63 lakh, was registered on March 28, the launch day.

Haryana CM Saini increases freedom fighters' pension to Rs 40,000

Haryana CM Saini increases freedom fighters' pension to Rs 40,000

Haryana Chief Minister Nayab Singh Saini on Tuesday announced a new pension amount for the freedom fighters and their dependents and informed that from July 1, the freedom fighters will receive an increased pension of Rs 40,000.

Taking to his official X handle, the Haryana Chief Minister posted a video in which he said, "The freedom fighters, who sacrificed their life for the country and suffered so much, the pension of freedom fighters and their dependents will be increased from Rs 25,000 to Rs 40,000 with effect from July 1."

Tamil Nadu hooch tragedy: 111 persons undergoing treatment in hospitals

Tamil Nadu hooch tragedy: 111 persons undergoing treatment in hospitals

As the death toll in the hooch tragedy in Tamil Nadu's Kallakurichi district rose to 58 on Monday, 111 persons are undergoing treatment at Kallakurichi Government Medical College hospital, hospital authorities stated.

At Puducherry 11 persons, in Salem district 30 persons, and in Villupuram district 4 persons are undergoing treatment at various government hospitals.

BJD to oppose govt in RS; TMC to be bridge between third front, INDIA bloc

BJD to oppose govt in RS; TMC to be bridge between third front, INDIA bloc

Biju Janata Dal (BJD) president Naveen Patnaik on Monday asked his party’s nine Rajya Sabha (RS) members to emerge as a “vibrant and strong” opposition in the Upper House. The BJD, which supported the government during the 17th Lok Sabha on crucial issues, couldn't win any Lok Sabha seat in the 2024 general elections. At the meeting, Patnaik asked the lawmakers to raise issues concerning the state's interests.

JPMorgan India Bank CEO Prabdev Singh quits before end of term: Report

JPMorgan India Bank CEO Prabdev Singh quits before end of term: Report

Prabdev Singh, chief executive officer of JPMorgan Chase & Co.’s bank in India, has stepped down before the end of his term.

Pranav Chawda, head of commercial banking for India, will expand his current responsibilities to become the head of India Corporate Banking and can confirm that PD Singh is ​leaving the firm, a JPMorgan representative said by email in response to queries from Bloomberg News.

Ready to cash in on infrastructure sector, says Gautam Adani at AGM

Ready to cash in on infrastructure sector, says Gautam Adani at AGM

At Adani Enterprises annual general meeting (AGM), chairman Gautam Adani said the group is well positioned to gain from opportunities in India’s infrastructure sector.

He added that large parts of the funding and action for these infra spends are at the state level.

Bihar govt issues notification regarding handing over NEET case to CBI

Bihar govt issues notification regarding handing over NEET case to CBI

The Bihar government on Monday issued a notification regarding handing over the NEET-UG paper leak case to the Central Bureau of Investigation (CBI).

In the notification, the government said, "In exercise of the powers conferred under Section 6 of the Delhi Police Establishment Act, 1946 (Act 25 of 1946), the Governor of Bihar is pleased to give his assent to the Delhi Special Police Establishment, who have been entrusted with the exercise of powers and jurisdiction in the state and other places related to the case to investigate/supervise and investigate the FIR No. 5117081240358.

Ayodhya Ram Temple's roof 'leaking' just 5 months after inauguration

Ayodhya Ram Temple's roof 'leaking' just 5 months after inauguration

Amid the onset of the monsoon season, the Ayodhya Ram Mandir's roof has started 'leaking' just 5 months after inauguration, according to media reports.

The chief priest of the Ram Mandir stated that the temple's roof began leaking immediately after the first rains. "It is very surprising. So many engineers are here and the Pran Pratishtha was held on January 22, but water is leaking from the roof. Nobody would've thought this," says Ram Temple chief priest Acharya Satyendra Das.

TN CM MK Stalin announces development of additional 10,000 km rural roads

TN CM MK Stalin announces development of additional 10,000 km rural roads

Tamil Nadu Chief Minister MK Stalin on Monday announced in the Assembly that in the next two years, additionally, 10,000 km rural roads will be developed under the CM's Village Roads Development Scheme at an estimated cost of Rs 4,000 crore.

Making a statement in the House, Stalin said development of road infrastructure is very important in the overall goal of the Dravidian model government to develop 'all districts, all sectors and all sections of the society.'

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