Samajwadi Party leaders seek bigger pie in seat-sharing for Maharashtra polls (19-07-2024)
UP Lok Sabha success boosts SP for Maharashtra elections. SP demands fair INDIA seat-sharing. Rais Shaikh criticized BJP, Shiv Sena, Congress-NCP. Akhilesh Yadav’s influence noted. SP MLAs include Abu Azmi, Shivajinagar. Won 37 Uttar Pradesh seats. Awadhesh Prasad suggested PDA formula. SP MPs visited Mumbai landmarks. Azmi warned North Indians. Elections due October.
Karnataka govt’s job quota bill flawed, says Ex-CM Veerappa Moily (19-07-2024)
In an ET interview, Veerappa Moily criticized Siddaramaiah's halted Kannadiga job quota conflicting with Article14. He urged better investment strategies, warning of job disparity favoring Bengaluru over backward areas like Hyderabad-Karnataka. Moily noted potential industry relocation risks and political interference, stressing Karnataka's need for external contributions and referencing the outdated Sarojini Mahishi report.
Gold prices decline from all-time peak on profit taking, firmer dollar (19-07-2024)
Spot gold was down 1.9% at $2,399.13 per ounce by 1709 GMT. Bullion hit an all-time high of $2,483.60 on Wednesday
Going manual to keep flying: Minister on outage (19-07-2024)
Union Civil Aviation Minister K Ram Mohan Naidu on Friday said measures are being taken to ensure smooth flight movements in India after a Microsoft software outage worldwide caused disruptions in flight services.
DCX Systems Ltd (19-07-2024)
The decrease of 9.42% in promoter holding during the Q4 FY 2023-24 was mainly due to QIP of Rs.500 crore for the stated reasons and seems it was well accepted by the stakeholders. The reasons for reduction of promoter’s holding in Q1 of FY 2024-25 are yet not disclosed/know, let hope some concrete reasons come out.
The reasons for decrease in shareholding by FII and DII are best known to themselves as they keep coming and going. However, the number of retail shareholders are increasing, can be an indicator.
Sundance Institute Announces Six Finalists for Its New Home (19-07-2024)
The organization, and its influential film festival, may stay in Park City, Utah, or move to another location like Atlanta or Cincinnati.
Only 10 banks had minor disruptions: RBI on outage (19-07-2024)
The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.