Utkarsh Small Finance Bank IPO Opens Today
Utkarsh Small Finance Bank, one of India’s largest small finance banks, has launched its initial public offering (IPO) today. The IPO comprises 200 million equity shares with a price band of Rs 23-25 per share, aiming to raise Rs 500 crore.
Election Results Of West Bengal Panchayat: TMC Wins, BJP Reduced to a Distant Second
The ruling Trinamool Congress (TMC) has swept the West Bengal panchayat elections, winning a majority in all 234 districts. The BJP, the main opposition party, has been reduced to a distant second.
The TMC won 12,325 gram panchayat seats, while the BJP won 2,733 seats. The CPI(M) won 460 seats, and the Congress won 168 seats.The TMC’s victory is a major setback for the BJP, which had been hoping to make gains in the panchayat elections. The BJP had been campaigning hard in the elections, and had been hoping to capitalize on the anti-incumbency factor against the TMC.
However, the TMC’s strong performance suggests that the party remains popular in West Bengal. The TMC has been in power in the state for the past 11 years, and has been credited with improving the state’s infrastructure and economy.
Delhi NCR: Paralyzed by Record Heaviest Rainfall last 24 hrs in 41 yrs, 6 Dead
The recent heavy rainfall in Delhi and its neighboring areas has caused widespread disruption, with the heaviest 24-hour July rain in 41 years. The downpour resulted in severe flooding, traffic chaos, and significant damage to property and infrastructure. Unfortunately, the heavy rains have claimed the lives of at least six individuals.
Violence Erupts in West Bengal Rural Polls, 16 Killed
At least 16 people lost their lives and several others sustained injuries in a wave of violence that erupted across various districts of West Bengal on the day of the rural polls in the state. The incidents of violence were reported from seven districts, despite the deployment of over 1 lakh central forces by the state election commission (SEC) to ensure a peaceful election.
Karnataka Budget 2023: Liquor Excise Duty Hiked by 20%
In the recently announced Karnataka Budget for 2023-24, Chief Minister Siddaramaiah revealed a significant 20% hike in excise duty on liquor. This decision will go into effect from July 1, 2023, impacting the sale and consumption of alcoholic beverages in the state.
Chandrayaan 3: India’s Third Lunar Mission Set to Launch on July 13
India is all set to embark on its highly anticipated third lunar mission, Chandrayaan 3, with a scheduled launch on July 13, 2023. The ambitious mission will take off from the renowned Satish Dhawan Space Centre in Sriharikota, India, propelled by a GSLV Mk III rocket.
ICAI CA Result 2023 (OUT) Live: Check CA Inter Result at icai.nic.in
The Institute of Chartered Accountants of India (ICAI) has released the results for the CA Final and CA Intermediate exams conducted in May 2023. Candidates can access the results on the official ICAI website, icai.nic.in.
India Sisters’ Hanging Case: Unanswered Questions Still Seeking Justice
In September 2022, the bodies of two teenage sisters were discovered hanging from a tree in Uttar Pradesh, India. While the police have apprehended six suspects, numerous questions surrounding the case remain unresolved.
Mumbai, Thane: IMD Issues Orange Alert for Heavy Rainfall
The India Meteorological Department (IMD) has issued an orange alert for Mumbai and Thane, indicating the prediction of heavy to very heavy rainfall from Wednesday, July 5, to Thursday, July 6. This alert also extends to Raigad until Saturday. The IMD warns of potential flooding and advises residents to take necessary precautions to ensure their safety.
IDFC First Bank shares drop, IDFC gains post-merger
IDFC First Bank shares witnessed a significant drop of nearly 6% in Tuesday’s trade, while IDFC Limited experienced a gain of over 6%. This market movement follows the announcement of the swap ratio for the proposed merger between these two entities. The swap ratio is deemed to be in favor of IDFC shareholders.