The Delhi government, now led by the BJP, has withdrawn all cases filed by the previous AAP administration against the Union government, the Lieutenant Governor, and several senior bureaucrats.
Sri City in Andhra Pradesh is dubbed the "Cooling City" of India, accounting for nearly 40 per cent of the air conditioners (ACs) manufactured in the country. On Tuesday, this industrial hub added one more feather to its cooling credentials. Carrier Air Conditioning and Refrigeration Ltd, the Indian arm of the oldest AC company in the world, Carrier Global, signed a deal to invest around ~1,000 crore for a new manufacturing unit at Sri City.
LG Electronics India saw its net profit decline by 27.3 per cent due to margin pressures witnessed in the second quarter. Its net sales in the quarter marginally rose 0.9 per cent to Rs 6,170.4 crore in the July-September quarter.
Ola Electric has denied media reports suggesting its involvement in a leak of proprietary pouch cell technology (tech) from South Korea's LG Energy Solution, calling the allegations "baseless". The company said it has no commercial or research interest in the older pouch cell format cited in the reports, emphasising that its new 4680 Bharat Cell - based on advanced dry-electrode cylindrical tech - is already in commercial production.
LG Electronics India made a dazzling market debut on Tuesday, ending 48 per cent higher than its issue price and surpassing its South Korean parent in market value.
Barely 45.45 per cent of South Koreans achieve the recommended nightly rest, highlighting a growing wellness concern. Data from PlushCare places South Korea and several nations in the Middle East among seven nations where people consistently fall short of the expert-advised 8-9 hours of sleep each night, reflecting how modern routines are reshaping global rest patterns.
Delhi LG V K Saxena has directed police to maintain a digital record of entities purchasing and selling ammonium nitrate and to undertake rigorous security audits of busy markets and ISBTs, days after a blast near the Red Fort.
The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers.
Jammu and Kashmir Lieutenant Governor Manoj Sinha dismissed two government employees, both teachers, for their alleged links with terrorists. The action is part of Sinha's zero-tolerance policy against terrorism and a broader crackdown on the terror ecosystem within Jammu and Kashmir.
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore.
The bullet-proof Army vehicle, carrying a total of 17 personnel, was heading towards a high altitude post when its driver lost control and the vehicle plunged into a 200-foot-deep gorge.
For LG Electronics India, the Rs 11,607 crore initial public offering (IPO) is not just a fundraising exercise. The company's senior executives describe it as a step towards becoming "future-ready", showcasing financial strength while preparing for the next phase of growth in a market they see as still underpenetrated.
Jammu and Kashmir Lieutenant Governor Manoj Sinha terminated the services of five more government employees for suspected terror links, bringing the total number of employees sacked since 2020 to 85.
'The first time India has seen two consecutive blockbuster IPO years.'
Russian President Vladimir Putin attended dinner hosted in his honour by President Droupadi Murmu at Rashtrapati Bhavan on Friday evening.
The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion.
The Jammu and Kashmir government has ordered the closure of Darbar Move offices in Srinagar on October 31, following Chief Minister Omar Abdullah's announcement to restore the tradition. The Darbar Move, which involves shifting government offices between Srinagar and Jammu, was scrapped in 2021 but is now being reinstated.
ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.
Former Union Minister Pusapati Ashok Gajapathi Raju appointed as the Governor of Goa, Kavinder Gupta named as the new Lieutenant Governor of Ladakh, and Ashim Kumar Ghosh will be the new Governor of Haryana.
With several $500 million-plus deals in the pipeline -- including ICICI Prudential AMC, Lenskart, PhonePe, Groww, PhysicsWallah, Meesho, Pine Labs, and Zepto -- investment bankers look poised for another year of hefty bonuses in 2025.
Ladakh's Lieutenant Governor Kavinder Gupta blamed 'vested interests' for violence that led to four deaths, announcing a curfew and vowing action against those responsible. He cited incitement and conspiracy behind the clashes during a shutdown sponsored by the Leh Apex Body (LAB), which is demanding statehood for Ladakh.
'...aggressive pricing amid volatility, but these are exceptions.'
Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region.
A magisterial inquiry into the September 24 violence in Leh, which resulted in four deaths, is expected to be completed within four weeks. The inquiry, led by Sub Divisional Magistrate Nubra Mukul Beniwal, aims to determine the facts and circumstances surrounding the incident.
Dalal Street is buzzing with excitement, as some of the most-awaited IPOs are gearing up to hit the market. While some of these big companies are planning to join the stock exchanges towards the end of 2025, others are likely to be available for trading by the first half of 2026.
In a significant administrative reshuffle, Jammu and Kashmir Lieutenant Governor Manoj Sinha ordered the transfer and posting of 48 J-K Administrative Service (JKAS) officers, potentially creating friction with the National Conference-led government in the Union Territory. The move, seen by many as an attempt by the LG to assert control over the bureaucracy, includes the transfer of 14 additional deputy commissioners and 26 sub-divisional magistrates. The timing of the order, coinciding with the elected government's wait for approval on business rules, raises concerns over power dynamics in the region.
Jammu and Kashmir Lieutenant Governor Manoj Sinha claims a significant reduction in the fear of terrorism in the Kashmir Valley, citing increased industrial activity in Pulwama and a decline in local terror recruitment.
The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both retail and institutional investors, investment bankers said on Wednesday.
More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.
'Will the LG be ready to rule with a light hand, having been vested with powers that amount to using a hammer to kill a fly?' asks Aditi Phadnis.
Lawyers were on strike against the LG's notification for the deposition of police personnel through video conferencing from police stations.
Trading sentiment in the equity market will be guided by macroeconomic data announcements, global trends and quarterly earnings from IT major TCS this week, analysts said. Stock markets would also be tracking trading activity of foreign investors who remained net sellers of Indian equities in September.
'If not bullish, volatility should be minimal.'
Aam Aadmi Party convenor Arvind Kejriwal took a jibe at the Centre after former Jammu and Kashmir Chief Minister Farooq Abdullah was not allowed to meet MP Sanjay Singh, who went to Srinagar to protest AAP MLA Mehraj Malik's arrest.
The Delhi government is embroiled in multiple litigations with the Lieutenant Governor in the Supreme Court including its plea challenging the Centre's law establishing pre-eminence of the LG over the elected dispensation in controlling services in the national capital.
Lieutenant Governor Manoj Sinha asserts that the Indus Waters Treaty was a 'historic mistake' and its termination will greatly benefit Jammu and Kashmir by allowing it to harness its hydropower potential.
Jammu and Kashmir Lieutenant Governor Manoj Sinha announced that the terrorists responsible for the Pahalgam attack have been identified and will soon face consequences. He highlighted the progress in the region, including development projects and improved security, since the removal of Article 370.
Earlier on Thursday, Kejriwal accused the BJP of attempting to poach 16 AAP candidates ahead of the Delhi assembly polls results.
'As a defence lawyer I won't know if a policeman under cross questioning is being prompted to answer by someone behind his computer screen.'
According to sources, when Atishi arrived to submit her resignation at the Raj Nivas, the Delhi LG Saxena reminded her how he had repeatedly cautioned the government on public interest issues, particularly on cleaning of the Yamuna River.
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