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Vietnam real estate tycoon Truong My Lan was sentenced to death in a fraud case. Who is she, the case – All you need to know!

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Famous Vietnam Businesswoman Truong My Lan received the death penalty for a $12.5 billion swindle.

In the largest-ever financial fraud case in Vietnam, real estate mogul Truong My Lan was sentenced to death on Thursday. The 67-year-old businesswoman was accused of defrauding the government out of $12.5 billion in 2022, or almost 3 percent of the GDP of the nation. She is the chair of the real estate firm Van Thinh Phat, which has created opulent residences, hotels, workplaces, and retail centers. Truong Hue Van, the chief executive of Van Thinh Phat, was sentenced to 17 years in prison for supporting her aunt along with Lan. According to reports, the death penalty is not unheard of in Vietnam; nonetheless, it is uncommon in circumstances of financial wrongdoing and for a person of such notoriety.

What is Truong My Lan accused of?

Lan was involved in the 2011 merger of the troubled Saigon Joint Commercial Bank, or SCB, with two other lenders in a plan coordinated by the Vietnam Central Bank.

According to the government documents, Lan is accused of using the bank for personal gains, illegally controlling it between 2012 and 2022. The documents further stated that she utilized numerous “ghost companies” both domestically and internationally to issue loans to herself and her associates. The loans resulted in losses of $27 billion, state media VN Express said as reported by Associated Press.

In addition to this, Lan as per the documents, was accused of paying bribes to government officials, including a former central official who has been sentenced to life in prison for taking $5.2 million in bribes.

The court sentenced her to death because her activities “erode people’s trust in the leadership of the (Communist) party and state, as well as violate individuals’ property management rights,” according to the court’s statement.

Also Read: PM Modi makes big announcement on Kashmir: ‘J&K will get the status…’

Who is Truong My Lan?

Truong My Lan was arrested in October 2022 in an ongoing anti-corruption drive in Vietnam that has intensified since 2022.

As reported by state media outlet Tien Phong, Lan, born in 1956, initially assisted her Chinese businesswoman mother in selling cosmetics at Ho Chi Minh City’s oldest market.

In 1992, she and her family founded Van Thinh Phat, which evolved into one of Vietnam’s wealthiest real estate companies over the years.

In 1992, she also got married to Hong Kong investor Eric Chu Nap-kee and they have two daughters.

Presently, the company is associated with prime downtown properties in Ho Chi Minh City, such as the impressive 39-story Times Square Saigon, the luxurious Windsor Plaza Hotel, the 37-story Capital Place office building, and the esteemed Sherwood Residence Hotel.

PM Modi makes big announcement on Kashmir: ‘J&K will get the status…’

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PM Narendra Modi announced the return of independence and the impending assembly elections in Jammu and Kashmir during an electoral rally in Udhampur.

On Friday, April 12, Prime Minister Narendra Modi declared that the restoration of statehood in Jammu and Kashmir would be accompanied by assembly elections shortly.

The noteworthy declaration is made in advance of the forthcoming Lok Sabha elections, which are set to start on April 19.

The Prime Minister expressed his vision for a “wonderful picture of new Jammu and Kashmir” during an electoral rally in Udhampur, Jammu and Kashmir.

“Modi has long-term vision. So far, only the trailer has been released. I have to get to work painting a fresh and fantastic portrait of the modern-day Jammu and Kashmir. Jammu and Kashmir Assembly Elections will take place in a short while. The statehood of Jammu and Kashmir will be granted. Your ministers and MLA will be able to hear about your dreams,” the PM stated.

Also Read: PM Narendra Modi interview: “Opposition believes NDA government will return”

PM Modi stated that there will be no need to worry about terrorism, strikes, stone-throwing, or cross-border gunfire during the next Lok Sabha elections in Jammu & Kashmir.

“After decades, election-related concerns such as terrorism, separatism, stone-pelting, strikes, and cross-border terrorism are no longer present in this year’s election. The security situation for the pilgrimages to Vaishno Devi and Amarnath used to be a problem, but it has completely altered now. The people’s trust in the administration is growing as Jammu and Kashmir experiences development, he remarked.

The Prime Minister also attacked the Congress and the INDIA coalition, claiming that they merely like to play with the emotions of the country’s majority of people and have no regard for their feelings.

Also Read: US’ Blinken dials Turkish, Chinese, Saudi counterparts as Iran-Israel tension rise

Addressing the Udhampur rally, PM Modi criticized those on bail for visiting convicted criminals’ homes, cooking mutton during Sawan, and sharing videos, comparing their actions to Mughal aggression towards temples.

“A person who has been sentenced by the court and who is on bail visits the house of such a criminal and enjoys cooking mutton in the month of Sawan and they make a video of it to tease the people of the country. The law does not stop anyone from eating anything but the intentions of these people are something else. When the Mughals attacked here, they were not satisfied until they demolished the temples. So just like Mughals, they want to tease the people of the country by showing the video in the month of Sawan…,” PM Modi said.

Also Read: Bigg Boss OTT 3: Contestant Name List, Start Date, Winning Prize, And More…

PM Modi denied that Ram Mandir was ever an electoral topic, refuting the Congress’ assertion that it is a BJP election issue. Even before the BJP was founded, there was a fight to build a Ram temple. The Indian people battled to defend their sacred sites after foreign invaders demolished our temples. He claimed, “The Congress leaders and its allies lived in large bungalows, but they used to turn their backs when it came to changing Ram Lalla’s tent.”

Jammu and Kashmir Lok Sabha election date

Lok Sabha elections in Jammu and Kashmir will be held in five phases. The five Lok Sabha seats that will go to polls in the Lok Sabha elections 2024 in five phases are Baramulla, Srinagar, Anantnag-Rajouri, Udhampur, and Jammu. 

Udhampur goes to polls on April 19. The Congress has fielded Choudhary Lal Singh and the Democratic Progressive Azad Party (DPAP) has nominated G M Saroori for the seat.

Bigg Boss OTT 3: List of Contestants, Start Time, Golden Prize, And More!

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We discovered recently that Khatron Ke Khiladi Season 14 will air in one or two months. You’re in for a treat if you enjoy watching reality shows that are this entertaining! because Bigg Boss OTT Season 3 has given us some exciting news! Hold your horses, it’s okay! We will reveal every little detail so you don’t miss any information about the tricks Salman has up his sleeve.

Bigg Boss OTT Season 3 Release Date

However there are no confirmed or official details about the Bigg Boss ott season 3 release date but if we look at the discussions and reports, the show is likely to premiere on May 15, 2024. As mentioned in a tweet posted by Telly Fusion, the show is most likely to start on May 15!

Also, you will be able to watch the online version of Bigg Boss Season 3 on Jio Cinema as per various reports. Well, it is worth mentioning that both Season 1 & 2 of this show have gained much attention and love from the fans. Having said that, Season 1 was available to watch on Voot while for Season 2 they shifted to JioCinema. So we can expect that JioCinema will stream this season too! However, these are tentative reports only, once got confirmed we will update you with the official statement. So you can pin this website for more such updates!

Read Also | Khatron Ke Khiladi Season 14 Contestants Name List | Start Date | Cast | EX Bigboss Contestants

Season 3 Host & Cast

Well, there’s not much confusion, I think to anyone, about the host of the show. Bhai of Bollywood himself will be the host. Season 1 was aired by Karan Johar and Divya Aggarwal but Salman Bhai came in the Season 2 as host.

Now talking about the cast, a few rumored actors, singers, and social media influencers will be coming to the show like Vicky Jain, Sheezan Khan, Rohit Zinjurke, and a few others. We will discuss all of the Bigg Boss Ott season 3 contestants’ names in the later part of this article. But before we proceed, keep in mind that these are the most rumored contestants. There is no official list as of writing this article. However, if the list changes we will update accordingly.

Bigg Boss OTT Season 3 Winning Prize 2024

Bigg Boss OTT season 3 winning prize 2024 will be ₹25 lakh and the “OTT edition” trophy. The show will be available to watch 24*7, however, you can also catch the highlights in the 1-hour show on JioCinema.

Bigg Boss OTT Season 3 Contestants Name List With Photo!

Like the previous season, this season too, 16 contestants will take part in the show. Looking at the list, it seems most of the contestants are actors, singers, and social media influencers. Well, we will discuss each of them in the following table.

Contestants PhotoContestants NameSreeram is an Indian playback singer, also known for his works in Telugu Cinema and Television.
Isha MalviyaIsha MalviyaModel and actress. She also had participated in Bigg Boss 17.
Sheezan Khan Sheezan KhanIndian Television Actor. Known for playing young Akbar Murad Mirza in Jodha Akbar.
MaxternMaxternMaxtern is a social media influencer. Having passed from IIT Kharagpur he mostly stream games!
Pratiksha HonmukhePratiksha HonmukhePratiksha has been in troubled waters recently. As she was fired from “Ye Rishta Kya Kehlata Hai” over her unprofessionalism.
Sreeram ChandraSreeram ChandraModel and actress. She also participated in Bigg Boss 17.
Shehzada DhamiShehzada DhamiShehzada Dhami is an Indian television actor known for her work in Yehh Jadu Hai Jinn Ka, Choti Sardaarni, and Yeh Rishta Kya Kehlata hai.
Shoaib IbrahimShoaib IbrahimShoaib is also a Hindi television actor. He has seen in Sasural Simar ka!
Thugesh ThugeshThugesh is a social media influencer. He is famous for his humor and his unique take on life’s quirks.
Tushar SilawatTushar SilawatSreeram is a Indian playback singer, also known for his works in Telugu Cinema and Television.
Rohit KhatriRohit KhatriTushan is quite famous among youngsters. He is famous for his good looks and lip-sync videos.
Arhaan BehllArhan BehllArhan Behll is Indian Television actor. Known for many famous shows such as Mann Kee Awaaz Pratigya!
Dalljeet KaurDalljeet KaurSocial media Influencer. Known for her appearance in the song “Tere Sath.”
Aryanshi SharamAryanshi SharamSocial Media Influencer, know for his fitness-related videos and his dialy vlogs.
Sanket UpadhyaySanket Upadhyay–
Rohit ZinjurkeRohit Zinjurke–
Mohd SariaMohd Sharia–

PM Narendra Modi interview: “Opposition believes NDA government will return”

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According to PM Narendra Modi, the opposition will undoubtedly lose the general elections.

In an exclusive interview with Hindustan Times’ sister journal Hindustan, Prime Minister Narendra Modi delivered a scathing jab at the Opposition, claiming that their leaders are not running for office in the Lok Sabha elections because they think the NDA government will win back control.

PM Modi said the Opposition is certain of its defeat in the general elections.

“It is not the election, but the Opposition camp that is dull because of their certain defeat. Even the Opposition believes that the NDA government will return to power, which is why even several opposition leaders are shying away from poll campaigns… Many people have started blaming EVMs (electronic voting machines) even before the polls have begun,” he said.

Also Read Maidaan Twitter Review: Ajay Devgn’s sports drama receives a big thumbs up; fans call it a ‘must-watch’

Amid the Opposition’s accusation that the Centre has been misusing agencies to target political opponents, PM Modi vowed that action against those who steal people’s money will not end.

“Whatever be the level of corruption, it impacts the people of the country… action against such people, who steal the money meant for the welfare of the people of this country, will not end,” he said.

Also Read : New iPhone update suggests Palestinian flag emoji when you type in ‘Jerusalem’: What Apple said on ‘bug’

PM Modi rejected the Opposition’s charge of misuse of agencies. He said out of all cases being probed by the Enforcement Directorate, only 3 percent were linked to those in politics.
PM Modi said those who benefit from corruption cry foul.

Just 3% of the corruption cases that the Enforcement Directorate is looking into involve political figures. Officials and criminals are connected to the remaining 97% of incidents. He remarked, “Those who are complaining and painting the false picture are the ones who find benefits in a corrupt system.
“The stories you’ve heard, according to which our target is solely political corruption, are being spread by individuals who work for investigative agencies,” he continued.

According to PM Modi, the Enforcement Directorate prosecuted dishonest officials and sequestered assets valued at thousands of crores.

“Before 2014, ED attached assets worth only ₹5,000 crores, whereas, in the last 10 years, that amount has increased to more than ₹1 lakh crore. Before 2014, ED had seized only ₹34 lakh in cash, while under our government it has seized more than ₹2,200 crore in cash. Imagine, if this money was invested in welfare schemes for the poor, how many people would have benefited, and how many opportunities could have been created for the youth? So many new infrastructure projects could have been launched,” he said.

PM Modi also attacked the Congress party, saying they strengthened “their family” when they had full majority governments at the Centre. He said the BJP government has been strengthening the country.

“People have got the opportunity to compare the BJP model and the Congress model for the first time. The Congress ruled the country with a full majority for 5-6 decades. In comparison, the BJP has served with absolute majority for only one decade. When they had full majority governments, all they did was strengthen their family. Today, when we have a majority government, our priority is to strengthen the country — villages, the poor, our farmers, and the middle-class society,” he said.

Voting for the seven-phased Lok Sabha elections will begin on April 19. The counting of votes will take place on June 4.

Mohali: Homeowner arrested for sexually assaulting the four-year-old daughter of another neighbor!

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In Mohali The accused individual, who has a five-year-old son, reportedly sexually assaulted another youngster a few years ago, after which the society’s members confronted him. These law enforcement officials are aware of the case.

A 45-year-old property trader was arrested by Kharar police on Wednesday after he was allegedly caught raping the four-year-old daughter of his neighbor at a housing society in Kharar.

The child’s mother told police that her daughter was playing inside the society on Monday.

Her husband, who works for an IT company, and she went looking for her daughter after she didn’t come home for a while.

Afterward, a second mother who lived in the same community saw their daughter leaving the accused’s residence.

Also Read: On Monday, Vodafone Idea is going to launch a Rs 18,000–20,000 crore FPO.

“Our daughter had been grasping the accused’s hand. The woman told us about our scared-looking daughter. The complainant told police, “She later confided in me that the accused took her to his flat where he raped her.”

The defendant was booked at the Kharar City police station under Sections 376 (rape) and 376-AB (committing rape on a woman under the age of 12) of the Indian Penal Code (IPC) and Section 6 (annoyed penetrative sexual assault) of the Protection of Children from Sexual Offences (POCSO) Act after the mother, a housewife, reported the incident to the police right away.

Also Read Vodafone Idea: Rs. 18 billion FPO begins on April 18 with a floor price of Rs 10.

According to police officials familiar with the matter, the accused, who has a five-year-old son, had sexually assaulted another child a few years back, following which he was confronted by the society residents. However, the incident was not reported to the police then.

On Monday, Vodafone Idea is going to launch a Rs 18,000–20,000 crore FPO.

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Anchor investors have committed more than Rs 8,200 crore in equity to Vodafone, which is seeking to raise Rs 45,000 crore in debt and equity. Growth capex will be the primary use of the funds.

Vodafone Idea

According to sources who spoke with Moneycontrol, Vodafone Idea (Vi) is getting ready to conduct a follow-on public offer (FPO) to raise between Rs 18,000 and Rs 20,000 crore by the middle of the following week.

As lead managers for the FPO—the biggest offers of its kind in India—the indebted telecoms operator has brought on Jefferies, SBI Caps, and Axis Capital. However, according to insiders, none of the banks are financing the project.

As of right now, the largest share sale in the Indian market has been Yes Bank’s Rs 15,000 crore FPO.

Adani Enterprises’ Rs 20,000-crore FPO in January 2023 was expected to surpass it, but the Gautam Adani flagship business canceled the offer after the Adani group was accused of multiple governance violations in a Hindenburg Research report.

According to sources, Vodafone Idea has received commitments from institutional investors, both domestic and overseas, indicating early support for the FPO.

Also Read Live stock market updates: metal, bank, and FMCG under pressure; Sensex down 400 points; Nifty below 22,650!

According to sources, the government of India, which owns 33% of the company’s shares, supports the fundraising. However, some investors contacted the government before investing in the FPO.

Jefferies and Axis Capital declined to comment, while emails submitted to Vi and SBI Capital were not returned.

The decision was made amid financial difficulties and fierce competition in the telecom industry.

Due to a substantial debt load and operating losses that have been made worse by regulatory concerns, Vodafone Idea’s subscriber base and market share have been declining.

The preferential allotment of shares valued at Rs 2,075 crore to Oriana Investments Pte Ltd, a member of the promoter group and an Aditya Birla Group subsidiary, was approved by the Vodafone Idea board on April 5.

The issue price is Rs 14.87, which is more than the BSE’s closing price on Friday of Rs 13.36.

It is anticipated that the offering’s profits will give the business much-needed support and cash.

Telecom Regulatory Authority of India (TRAI) data shows that in February, Vodafone Idea’s customer base decreased by 1 million, to 220.5 million. Due to customers switching to alternative service providers, the telco has been losing two to six million customers every quarter for the past few quarters. As of December 31, there were 215.2 million users of Vodafone Idea worldwide.

According to industry experts, to maintain subscriber retention and raise service quality, the telco must make immediate infrastructural investments.

The Vodafone Idea stock was down about 2 percent from the previous closing at 11.48 p.m. on the National Stock Exchange, trading at Rs 12.65.

Vodafone Idea: Rs. 18 billion FPO begins on April 18 with a floor price of Rs 10.

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Vodafone Idea: Launching a Rs. 18 billion FPO to Start on a Path to Financial Revival

The telecom company Vodafone Idea announced on April 12 that subscriptions for its Rs 18,000-crore follow-on public offer (FPO) would begin on April 18. A floor price of Rs 10 per share and a ceiling of Rs 11 have been set for the issue.

The deal expires on April 22. The company stated in an exchange filing that the anchor bids will be accepted on April 16.

April 10 Vodafone Idea was preparing to start an FPO to raise Rs 18,000–20,000 crore. As lead managers for the FPO—the biggest offers of its kind in India—the indebted company has brought on Jefferies, SBI Caps, and Axis Capital.

Also Read IPL 2024 RCB vs. MI: Watch how social media responds after Glenn Maxwell is out for the third time this season.

A minimum bid lot of 1,298 equity shares is available to investors. For one batch of shares in the FPO, the minimum application amount, depending on the top end of the price band, is Rs 14,278. After that, bids in multiples of 1,298 equity shares are accepted from investors.

The company’s board approved raising Rs 20,000 crore via stock on February 27, which led to the FPO.

Preferential shares were recently issued by the company to Oriana Investments Pte Ltd, a promoter entity within the Aditya Birla Group, to raise a total of Rs 2,075 crore.

At Rs 14.87 a share, the shares were issued, representing a 40% increase over the FPO floor price.

The telecom operator is rumored to be in talks with banks to arrange loan finance in addition to the Rs 20,000 crore equity fundraise, bringing the total fundraise to Rs 45,000 crore when debt and equity are combined.

Brokerage CLSA recently stated that Vodafone Idea’s shares could drop to Rs 5 following the company’s 17 million subscriber loss over the previous 12 months.

Beyond its capex and 5G rollout, Vodafone Idea may face a financial crunch in fiscal year 2026 when annual spectrum and AGR payments worth up to $4 billion will fall due unless the government converts debt principal to equity at the end of the moratorium, it said.

The brokerage maintained its “sell” rating on the stock.

Shares of Vodafone Idea have doubled over the last 12 months, though the stock has corrected 30 percent from its recent peak.

For the April 12 session, the stock is in the F&O ban, which means no new positions can be created in the stock.

At 9.35 am, shares of Vodafone Idea were trading 2 percent lower at Rs 12.65 on the National Stock Exchange.

Live stock market updates: metal, bank, and FMCG under pressure; Sensex down 400 points; Nifty below 22,650!

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Sensex Today | Live stock market updates: Sector-wise, bank, FMCG, and metal were down 0.5 percent apiece, while capital goods and power were up 0.5 percent each.

IndexPricesChangeChange%
Sensex74,670.94-367.21 -0.49%
Nifty 5022,654.85-98.95 -0.43%
Nifty Bank48,717.15-269.45 -0.55%

Biggest GainerPricesChangeChange%
NTPC369.306.80 +1.88%
Biggest LoserPricesChangeChange%
JSW Steel868.55-15.40 -1.74%
Best SectorPricesChangeChange%
Nifty Energy40303.20183.10 +0.46%
Worst SectorPricesChangeChange%
Nifty FMCG53966.20-324.70 -0.60%

Sensex Today: 10:00 AM Market

The Nifty was down 100.00 points, or 0.44 percent, at 22,653.80, while the Sensex fell 375.14 points, or 0.50 percent, at 74,663.01. A little over 1462 shares increased, 1470 shares decreased, and 125 shares remained the same.

NIFTY 50 Market Map

Hourly Losers on the NSE

CompanyPrice at09:00Price at09:57Chg(%)Hourly Vol
Sonalis Consume507.7030.00-477.70
–
DYNPROPP450.00149.50-300.50
–
CLOUDPP123.0046.85-76.15
–
Arvind Fash-PP135.0066.95-68.05
23.66k
National Oxygen45.4037.40-8.00
–
Reliance Infra227.60200.85-26.75
168.17k
JFL Life Scienc43.7040.00-3.70
0
PSP Projects726.15677.80-48.35
4.34k
Canarys Automat40.1537.75-2.40
7.03k
Emkay Global176.90166.40-10.50
234.25k

Hourly Gainer on the NSE

CompanyPrice at09:00Price at09:57Chg(%)Hourly Vol
Info Drive Soft0.65332.80332.15
–
Mold-Tek-PP1.25391.15389.90
750
COASTPP110.00137.35127.35
0
Satin Credi PP110.0067.3057.30
23.38k
Kesoram Ind PP5.0028.4023.40
–
RPP Infra PP10.0036.5026.50
36.32k
BTML-RE10.0021.5511.55
–
RIL Partly Paid982.051,870.80888.75
538.40k
AB F&R-PP100.70185.3084.60
64.44k
Bharat Gears RE103.25172.0568.80

Sensex Today | The company Industries’ 1.11 million shares changed hands in another group: Bloomberg

Sensex Today | Nifty Metal index down 0.6 percent dragged by JSW Steel, NALCO, Hindalco Industries

NIFTY METAL Top Stock Losers (Intra-day)

CompanyCMPChg(%)Volume
JSW Steel866.75-1.95887.88k
NALCO179.60-1.76.96m
Hindalco596.90-1.026.13m
NMDC238.85-0.933.96m
Hind Zinc398.10-0.82.62m
Tata Steel164.05-0.6114.48m
Adani Enterpris3,223.00-0.59140.75k
SAIL152.45-0.3912.95m
APL Apollo1,567.00-0.190.05k

Stock Market LIVE Updates | Uno Minda buys land for alloy wheel plant in Haryana, stock up 2%

Uno Minda’s share price gained more than 2 percent in the early trade on April 12 after the company secured a land parcel in Haryana for an alloy wheel plant with a capacity of 120,000 wheels a month.

With a capital outlay of Rs 542 crore, the plant in IMT Kharkhoda will be set up in a phased manner over five years, with Phase 1 commissioning in Q2FY26.

The company recently secured an allotment of a strategic land parcel of 94.32 acres at IMT Kharkhoda, Haryana HSIIDC, to fuel its ongoing and future expansions, it said.

Sensex Today | BSE FMCG index down 0.7 percent dragged by S H Kelkar, Shree Renuka Sugars, Patanjali Foods

BSE FMCG Top Stock Losers (Intra-day)

CompanyCMPChg(%)Volume
S H Kelkar208.10-2.051.82k
Shree Renuka45.05-1.98211.71k
Patanjali Foods1,325.60-1.8814.12k
DBOL136.50-1.833.37k
Chaman Lal Seti219.85-1.832.10k
Ugar Sugar Work79.55-1.742.47k
Bajaj Hindustha32.90-1.73392.35k
Emami450.25-1.726.78k
Varun Beverages1,400.00-1.6660.68k
Uttam Sugar349.65-1.62279

Live Stock Market Updates: Maharashtra Seamless secures Rs. 674 crore business order
ONGC has placed an order with Maharashtra Seamless for the delivery of seamless casing pipes worth Rs 674 crore. The order will be completed in forty-four weeks.

Live Stock Market Updates: Bharti Hexacom to Make Its Market Debut on April 12
On April 12, Bharti Hexacom, a division of telecom provider Bharti Airtel, is scheduled to make its market debut. The price per share for the final issuance has been set at Rs 570. According to market experts, its IPO shares were trading on the grey market, an unofficial venue, for more than 15% higher than the issue price.

Sensex Today | Nifty Bank index down 0.5 percent dragged by Kotak Mahindra Bank, HDFC Bank, Federal Bank

NIFTY BANK Top Stock Losers (Intra-day)

CompanyCMPChg(%)Volume
Kotak Mahindra1,802.55-1.28506.06k
HDFC Bank1,521.50-0.973.85m
AU Small Finance157.80-0.754.73m
AU Financ629.70-0.75288.81k
IDFC First Bank84.25-0.539.88m
SBI775.90-0.42.34m
IndusInd Bank1,547.30-0.36232.14k
Axis Bank1,085.60-0.22.17m
Bank of Baroda270.60-0.071.59m
ICICI Bank1,108.80-0.051.76m

NSE Large Deals

CompanyQuantityPriceValue(Cr)
Bharat Dynamics575917881.03
Dish TV31539818.550.59
HFCL2008541002.01
Manappuram Fin67642198.851.35
NMDC Steel20863166.751.39
Adani Ports182911352.852.47
Axis Bank145211087.61.58
Bharat 22 ETF374100105.73.95
CDSL171921957.453.37
CDSL128291959.852.51

Stock Market LIVE Updates | Tips Industries gains on Rs 37.2-crore buyback offer at a 34% premium

Shares of Tips Industries gained in the morning trade on April 12 after the music label announced a Rs 37.2- crore share buyback offer at Rs 625 apiece. The buyback price is a 34.4 percent premium to the last closing price on BSE. The share repurchase will help unlock value and return surplus cash to its shareholders, the company said.

Stock Market LIVE Updates | Phoenix Mills Q4 consumption grows 27% YoY, retail collections up 37%

Phoenix Mills reported total consumption at Rs 2,818 crore for the quarter ended March FY24, growing 27% over a year-ago period, while gross retail collections increased by 37% YoY to Rs 791 crore during the same period. In FY24, the total consumption rose by 22% to Rs 11,327 crore and gross retail collections jumped 27% to Rs 2,743 crore compared to the previous year.

Sensex Today | 1 million shares of Jubilant FoodWorks traded in a bunch: Bloomberg

Stock Market LIVE Updates | DCX Systems has appointed Diwakaraiah N J as Chief Financial Officer (CFO), with effect from April 11.

Sensex Today | BSE Power index rose 0.6 percent supported by Tata Power, ABB India, Adani Energy

BSE POWER Top Stock Gainers (Intra-day)

CompanyCMPChg(%)Volume
Tata Power443.052.59616.85k
ABB India6,753.451.757.10k
Adani Energy1,083.001.7367.54k
NTPC367.351.16680.23k
Siemens5,625.850.731.07k
NHPC93.350.522.06m
BHEL263.650.44634.33k

Also Read IPL 2024 RCB vs. MI: Watch how social media responds after Glenn Maxwell is out for the third time this season.

Market on Wednesday

Indian equity indices ended higher on April 10 with Nifty hitting a fresh record high and Sensex also inched closer to its all-time high ahead of FOMC minutes and US inflation data later today. At close, the Sensex was up 354.45 points, or 0.47 percent, at 75,038.15, and the Nifty was up 111 points, or 0.49 percent, at 22,753.80. Nifty Midcap 100 and Bank Nifty also touched their respective record highs in today’s session. The market was shut on April 11 on account of Ramzan Id.

Top gainers on the Nifty included Coal India, BPCL, Kotak Mahindra Bank, ITC and Hindalco Industries, while losers were Cipla, Maruti Suzuki, HDFC Life, Divis Labs and SBI Life Insurance. Except for pharma, all other sectoral indices ended in the green with media, PSU Bank, FMCG, metal, oil & gas stocks up 1-2 percent.BSE Midcap and Smallcap indices were up 0.5 percent each.

IPL 2024 RCB vs. MI: Watch how social media responds after Glenn Maxwell is out for the third time this season.

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IPL 2024 RCB vs MI: Maxwell came to bat after Rajat Patidar, who had returned to the pavilion after scoring a half-century. He faced four balls before being out of the game via LBW to Shreyas Gopal of Mumbai Indians.

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Star batter Glenn Maxwell of the Royal Challengers, who is now playing in the Indian Premier League against the Mumbai Indians at Wankhede Stadium in Mumbai, fell back for a duck on April 11.

Maxwell did not open his account, therefore this is his third duck of the season.

Maxwell came to bat after Rajat Patidar, who had returned to the pavilion after scoring a half-century. He faced four balls before being out of the game via LBW to Shreyas Gopal of Mumbai Indians.

MI vs RCB Live Score

After 15 overs | Royal Challengers Bengaluru 130/4 | run rate – 8.67

Faf du Plessis 58*
Dinesh Karthik 6*
Partnership: 22*(16)
Shreyas Gopal 1/32

  • Mumbai Indians chose to bowl first after winning the toss, aiming to capitalize on early pressure.
  • Jasprit Bumrah’s early breakthrough, dismissing Virat Kohli, set the tone for Mumbai Indians’ bowling attack.
  • Faf du Plessis showcased his class with a brisk innings of 61 runs but struggled to find support from other RCB batsmen.
  • Rajat Patidar’s explosive fifty provided some stability to RCB’s innings, but Mumbai Indians’ bowlers kept the scoring rate in check.
  • Gerald Coetzee’s crucial wicket of Patidar halted RCB’s momentum, limiting them to a total of 180/7 in 20 overs.
  • Chasing 181 runs, Mumbai Indians faced early setbacks but Ishan Kishan and Rohit Sharma’s partnership steadied the innings.
  • Kishan’s composed 42 runs and Sharma’s anchoring innings of 34 runs kept Mumbai Indians in the hunt.
  • Despite losing wickets at regular intervals, Mumbai Indians managed to reach the target with just one ball to spare, securing a thrilling victory.
  • Jasprit Bumrah’s exceptional bowling performance earned him the Player of the Match award.
  • Mumbai Indians climb up the points table with this victory, while Royal Challengers Bengaluru face challenges in reviving their campaign in the IPL.

After a bus crash in Haryana that claimed the lives of six students, the principal was one of three people arrested.

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Haryana Bus Crash: The medical certificate for the bus was six years old.

Three persons have been detained at the event, including the principal of the school whose bus overturned in Mahendragarh, Haryana, killing six children. In addition to the school secretary, the driver has also been brought into jail. It is said that the driver leaped out of the bus moments before it crashed into a tree.
According to a top police official, the driver’s medical examination verified that alcohol was in his system.

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Fourteen of the students who were hospitalized after the accident have been discharged but three are critical.

Students from Class 4 to 10 were heading to the GL Public School on Thursday when the bus carrying them rammed into a tree and overturned. The bus belonged to the school and documents showed that the bus’ fitness certificate had expired six years ago, in 2018. A state road transport official has been suspended.

Deputy Superintendent of Police Mahendra Rana said in Hindi, “A case has been registered under sections of the Indian Penal Code dealing with culpable homicide not amounting to murder and others. Sections of the Motor Vehicle Act have also been applied because the fitness certificate was not valid. The driver, Dharmendra, the principal, Dipti, and a staff member, Hoshiyar Singh, who was a secretary and looked after the buses and other such matters, have been arrested”

Alcohol was found in the driver’s bloodstream, according to a medical examination,” Mr. Rana continued.

In response to an inquiry regarding locals’ claims that several of them had stopped the bus and reported the driver’s intoxication to the school authorities thirty minutes before the accident, the police officer stated that the individual making the claim had recorded their testimony. He also disclosed that there had been a recent challan against the bus.

State Education Minister Seema Trikha said an inquiry is being conducted to establish why classes were being held in the school on Eid, which is a holiday. 

It was appropriate for the school to be open today. Aside from that, we have obtained self-affidavits from private schools and issued a show-cause notice. The schools will need to certify in writing that the vehicles they utilize for transportation are compliant with all applicable transportation laws,” she said.

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