On September 30, 2024, Prime Minister Narendra Modi spoke with Israeli Prime Minister Benjamin Netanyahu, stressing the need to prevent the escalation of conflict in West Asia. The conversation came shortly after Israel’s airstrike that killed Hezbollah leader Hasan Nasrallah in Beirut. Modi expressed India’s commitment to combating terrorism and ensuring the safe release of ...
 "Amid insolvency turmoil, McLeod Russel’s Aditya Khaitan remains hopeful for bank resolutions and a brighter financial future.")
Aditya Khaitan, chairman of McLeod Russel India, expressed optimism about resolving the company’s debt issues during the annual general meeting. Despite facing multiple insolvency petitions from creditors like State Bank of India and HDFC Bank, he remains hopeful that the banks will cooperate to establish a resolution. Khaitan highlighted the potential for a better fiscal ...
 "Punjab BJP Chief Sunil Jakhar’s resignation sparks turmoil ahead of crucial panchayat elections, highlighting internal challenges and declining political presence.")
Sunil Jakhar, the chief of the Punjab BJP, is reportedly stepping down just before the crucial panchayat elections set for October 15, 2024. His assistant has denied the rumors, stating that Jakhar has been busy and less active lately. Since the Lok Sabha elections in June, his political presence has significantly diminished, with his last ...
 "SpiceJet settles salary debts and faces operational turmoil, despite raising funds, while market share continues to plummet dramatically.")
SpiceJet, a low-cost airline in India, has cleared all pending salary dues for its employees after raising Rs 3,000 crore through a qualified institutional placement. However, it has recently faced significant financial challenges, including a decline in Market share from 5.6% in January 2023 to just 2.3% in August 2024. The airline owes Rs 3,700 ...
 "The stock market faces turmoil, yet bullish signals emerge for Hindalco, Siemens, and Tata Power, defying the crisis.")
The stock Market is showing interesting trends as of September 2024, with some stocks gaining momentum. Analysts recommend buying Hindalco at Rs 717, Siemens at Rs 7,095, and Tata Power at Rs 468, highlighting their upward potential. Hindalco has recently broken out of a consolidation phase, backed by strong volume and bullish indicators. Siemens displays ...
 "Sri Lanka’s new president Anura Dissanayake vows to restore governance and tackle economic turmoil after a historic election upset.")
Sri Lanka has a new leftist president, Anura Kumara Dissanayake, who was sworn in after a historic election where he defeated the former leader, Ranil Wickremesinghe. Dissanayake promises to restore clean governance and address the deep economic crisis that led to his election. He plans to renegotiate the unpopular $3 billion IMF bailout. As he ...
 "SpiceJet secures Rs 3,000 crore through shares, aiding its survival amidst financial turmoil and mounting statutory dues.")
SpiceJet has successfully raised Rs 3,000 crore through the sale of shares to institutional investors, providing crucial support for the airline, which has been facing financial challenges. The Qualified Institutional Placement (QIP) was oversubscribed, attracting notable foreign investors like Goldman Sachs and Societe Generale. Following the share allotment, the company’s equity share capital has increased ...
 "Atishi becomes Delhi’s youngest female CM amidst political turmoil, following Kejriwal’s resignation amid investigations into the liquor policy case.")
Atishi has been sworn in as the new Chief Minister of Delhi, marking her as the third woman to hold the position and the youngest CM of the Union Territory at 43 years old. The ceremony took place at Raj Niwas following the resignation of AAP Chief Arvind Kejriwal, who plans to return only after ...
 "Atishi Marlena is set to become Delhi’s chief minister following Kejriwal’s resignation, amid party tensions and ongoing political turmoil.")
Atishi Marlena, an Aam Aadmi Party (AAP) leader, is set to be sworn in as the new Chief Minister of Delhi during a ceremony at Raj Niwas this Saturday evening. The official timing is still pending as the resignation of outgoing Chief Minister Arvind Kejriwal and the formation of the new government are being finalized. ...
 "SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.")
SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...
