The Maryada Purushottam Shri Ram International Airport in Ayodhya, to be inaugurated by PM Narendra Modi today, is located strategically and is expected to facilitate travel for devotees and tourists.

Spread over an area of 336.59 acres, with a built-up area of 8000 sq m, the airport has been built at a cost of Rs 250 crore. The design complements the upcoming Ayodhya airport and is a clear departure from the regular airport formats.

Mumbai-based Waaree Energies filed its Draft Red Herring Prospectus (DRHP) with the Securities Exchange Board of India (Sebi) on Friday. It is currently one of the largest solar module manufacturers.

Founded by Hitesh Joshi and operating in solar manufacturing since 2007, Waaree Energies is the first solar manufacturer to go for initial public offering (IPO).

Banks submitted bids amounting to Rs 3 trillion, against the notified amount of Rs 1.25 trillion, at the 7-day Variable Rate Reverse Repo (VRR) auction conducted by the Reserve Bank of India (RBI) on Friday. Banks borrowed the amount at a weighted average rate of 6.74 per cent.

The deficit liquidity in the banking system widened to Rs 2.7 trillion on Thursday, according to data by the central bank.

Prime Minister Narendra Modi will flag off the inaugural run of the Jalna-Mumbai Vande Bharat Express through video link on Saturday, the Central Railway has said.

The CR said in a release on Friday that the PM will virtually flag off the 8-coach service while addressing a function at the redeveloped Ayodhya Dham railway station in Uttar Pradesh. He will also flag off two Amrit Bharat and five other Vande Bharat services between different cities.

The price of 24-carat gold fell Rs 380 during early trade on Friday, with ten grams of the precious metal selling at Rs 63,870, according to the GoodReturns website. The price of silver fell Rs 1,200 with one kilogram of the precious metal selling at Rs 78,300.

The price of 22-carat gold declined Rs 350, with the yellow metal selling at Rs 58,550.

Mumbai-based real estate developer MICL Group (Man Infraconstruction Limited) will invested Rs 50 crore at the group level for the residential redevelopment of a luxurious Virgo property at Mumbai's Pali Hill. MICL Group said that the redevelopment would see commitment and attention to detail come together, promising an exceptional living experience. With a limited number residential apartments, this project offers a rare opportunity for luxury living.

Bihar Chief Minister Nitish Kumar has been elected as president of the Janata Dal (United) at a meeting of the party's national executive in Delhi on Friday. Kumar was appointed the JD(U) 's top post minutes after Rajiv Ranjan Singh alias Lalan Singh stepped down from the post.

Speaking to reporters immediately after the meeting, Singh dismissed reports of a rift in the party, saying, "Anger? What anger? Why should I be angry? This is the first time I am hearing this word."

Sixty-one candidates with declared criminal records won in the Rajasthan Assembly elections 2023. Out of these, 35 or 57 per cent won with a vote share of 50 per cent or above, according to an analysis by the Association for Democratic Reforms (ADR). On the other hand, 38 per cent (53) out of 138 winners with clean backgrounds won with a vote share of 50 per cent or above.

The analysis also showed that 43 out of 61 winners with declared criminal cases have won against a runner-up with a clean background.

The scheme of arrangement between Tata Coffee Ltd (TCL), Tata Consumer Products Ltd (TCPL) and its wholly owned subsidiary TCPL Beverages and Foods Ltd (TBFL) will be effective from January 1, 2024.

The scheme involves the demerger of Tata Coffee's plantation business into TCPL Beverages and Foods and the merger of the remaining business with Tata Consumer Products.

Innova Captab made a quiet debut on Friday with its shares listing just 2 per cent higher at Rs 456 against the issue price of Rs 448 on the BSE. The stock of the pharmaceutical company listed 1 per cent higher at Rs 452 on the National Stock Exchange (NSE).

However, soon after the listing, Innova Captab gained steam and moved to Rs 502, up 12 per cent over its issue price on the BSE. It hit a low of Rs 452 in intra-day trade. A combined around 7.3 million equity shares had changed hands on the NSE and BSE.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.