RVNL shares extend losses after Q1 results. Should you buy or sell?
Shares of Rail Vikas Nigam Limited (RVNL) continued to decline on Friday, falling nearly 3.5% on the Bombay Stock Exchange (BSE). advertisementDisappointing Q1 resultsFor the quarter ending June 2024, RVNL reported a 34.7% drop in consolidated net profit, falling to Rs 223.92 crore from Rs 343.09 crore in the same quarter last year. The company's revenue from operations also took a hit, dropping 26.9% year-on-year to Rs 4,073.80 crore, down from Rs 5,571.57 crore in Q1 FY24. Even then, RVNL shares are still up 341% from their 52-week low of Rs 122. Stock market analysts view RVNL as a company that is likely to benefit from the government’s strong focus on infrastructure development.
Source:Mint
August 09, 2024 08:45 UTC
भोपाल में नगर निगम के सेवानिवृत्त अधीक्षण यंत्री के आवास व दफ्तर पर लोकायुक्त का छापा
नवदुनिया प्रतिनिधि, भोपाल Bhopal Crime News। राजधानी में लोकायुक्त पुलिस ने नगर निगम के सेवानिवृत्त नगर यंत्री प्रदीप कुमार जैन के एयरपोर्ट रोड पर लार्ड कलोनी में स्थित आवास पर शुक्रवार सुबह पांच छापामार कार्रवाई की।उस समय स्वजन सोकर खड़े ही हो रहे थे, अचानक से लोकायुक्त पुलिस देखकर सन्न रह गए। लोकायुक्त पुलिस को छापे में पांच करोड़ से ज्यादा की अचल संपत्ति, 85 लाख से ज्यादा जेवरात के बिल, लाखों के निवेश के अभिलेख, विदेश यात्रा के अभिलेख प्राप्त हुए हैं। बैंक लाकर की तलाशी पृथक से की जाएगी।उनके खिलाफ आय से अधिक संपत्ति जमा करने की शिकायत मिली थी, जिसके आधार पर यह कार्रवाई की गई है। लोकायुक्त ने उनके खिलाफ भ्रष्टाचार निरोधक अधिनियम के तहत प्रकरण दर्ज किया है। लोकायुक्त पुलिस पीके जैन के आवास के अलावा गोविंदपुरा इलाके में स्थित स्मार्ट सिटी कंपनी में उनके दफ्तर में भी पहुंची, जहां वह फिलहाल संविदा पर नियुक्त हैं।पुलिस अधीक्षक लोकायुक्त मनु व्यास ने बताया कि प्रदीप कुमार जैन सेवानिवृत्त सिटी इंजीनियर नगर निगम हैं, वे वर्तमान में स्मार्ट सिटी प्रोजेक्ट भोपाल में संविदा पर अधीक्षण यंत्री के पद हैं। इनके द्वारा आय से असमनुपातिक संपत्ति अर्जित करने की शिकायत उसका सत्यापन कराया गया।सत्यापन आय से करीब 300 प्रतिशत असमनुपातिक संपत्ति अर्जित करने के प्रमाण मिलने पर प्रदीप कुमार जैन के विरुद्ध भ्रष्टाचार निवारण अधिनियम के तहत अपराध दर्ज कर न्यायलय से सर्च वारंट प्राप्त किया गया था। जिस पर शुक्रवार को उनके आवास और कार्यालय पर लोकायुक्त की दो टीमों द्वारा तलाशी कार्रवाई की गई। मकान पर तलाशी के दौरान 5 करोड़ से ज्यादा की अचल सम्पति, 85 लाख से ज्यादा जेवरात के बिल, लाखों के निवेश के अभिलेख, विदेश यात्रा के अभिलेख प्राप्त हुए हैं। बैंक लाकर की तलाशी पृथक से की जाएगी।बेटा विदेश में है , निवेश की भी हो रही जांच : छापामार कार्रवाई के दौरान जैन के आवास से एक लाख रुपये से अधिक नकदी व सोने-चांदी जेवरात मिले हैं। इसके अलावा भोपाल में ही दस से ज्यादा जगहों पर जमीन, संपत्ति के कागजात मिले हैं, जिनकी जांच की जा रही है। लोकायुक्त को कुछ में दिनों ही विेदश यात्रा की जानकारी हैं। उनका एक बेटा विदेश में हैं। उन पर विदेशों में भी निवेश करने का शक है।लार्ड कालोनी में उनका आवास 6000 स्क्वेयर फीट एरिया में बना है। कॉलोनी में सबसे बड़ा आवास उनका ही है।स्मार्ट सिटी में मिली संविदा नियुक्ति प्रदीप कुमार जैन को रसूख का अंदाजा इसी बात से लगाया जा सकता है कि उन्हें नगर निगम से पीके जैन के नाम से ही जाना जाता हैं। सेवानिवृत्त होने के बाद पीके जैन फिलहाल स्मार्ट सिटी कंपनी में संविदा नियुक्ति पर हैं। उनको नगर निगम से सेवानिवृत्त् होने के बाद उनकी नियुक्ति भी चर्चाओं में रही है। चर्चा है कि पीके जैन को लोकायुक्त के छापेमारी कार्रवाई की जानकारी पहले से ही हो गई थी।
Source:Dainik Jagran
August 09, 2024 08:34 UTC
Aparna Sen and Anjan Dutt reunite in Parambrata’s ‘Ei Raat Tomar Amaar’
watchAparna Sen and Anjan Dutt reunite in Parambrata’s ‘Ei Raat Tomar Amaar’The actor-director shared the first look of the film on social media recentlyImage courtesy: @parambratachattopadhyay/InstagramParambrata Chattopadhyay is all set to don the director’s hat once again, but with an interesting cast. His next film, Ei Raat Tomar Amaar, stars Aparna Sen and Anjan Dutt in leading roles. Anjan and Aparna were last seen together in Srijit Mukherji’s Ek Je Chhilo Raja. Parambrata’s last directed film was Abhijaan, and his last directed series was Parnashavarir Shaap. Ei Raat Tomar Amaar releases on August 30.
Source:The Telegraph
August 09, 2024 08:30 UTC
Stuck in space for more than sixty days: How to tackle the Sunita Williams conundrum?
dailydriver Senior - BHPianJoin Date: Feb 2017 Location: Between Bridges Posts: 1,230 Thanked: 6,813 TimesStuck in space for more than sixty days: How to tackle the Sunita Williams conundrum? Quote: Williams and Wilmore took off on a test mission on Boeing Starliner to the International Space Station (ISS) on June 5 and were expected to return in eight days. Sunita Williams and Barry WilmoreThe mission was a test to evaluate the performance of the new spacecraft before it is used regularly. Sunita Williams and Barry Wilmore NASA astronauts and much travelled space explorers, have been stuck on board the International Space Station for more than two months now. A veteran with many record breaking flights and space walks to her credit, Sunita Williams piloted a Boeing Starliner test flight to the ISS on June 5, 2024 and was supposed to fly back after eight days.
Source:Indian Express
August 09, 2024 06:55 UTC
India Clinches Bronze At Paris Olympics With Historic Hockey Win
India Clinches Bronze At Paris Olympics With Historic Hockey Win Men’s hockey team secures back-to-back Olympic medals for the first time since 1972 as PR Sreejesh bids farewellIndia's men's hockey team achieved historical greatness on August 8, 2024, by clinching the bronze medal at the Paris Olympics, defeating Spain 2-1. Fulton emphasized preparedness for every opponent, and this was evident during the bronze medal match. The Path to BronzeBeginning the Paris Olympics with high hopes, India entered the semi-finals against Germany after tactically sound matches. Just like prior Olympic exploits, experience played its part, and the lessons learned helped reshape their approach for the bronze match. The recent bronze medal is merely the stepping stone toward future victories, and for the players, the sky's the limit now.
Source:The Hindu
August 09, 2024 05:43 UTC
Agra News: रेल की पटरी पर सो गया शख्स, लोको पायलट की सूझबूझ से बची जान; सिर में लगी चोट
जागरण संवाददाता, आगरा। आगरा-इटावा रेल खंड स्थित शमसाबाद रेलवे स्टेशन के पास शुक्रवार सुबह एक शराबी पटरी पर लेट गया। युवक को रेल की पटरी पर लेटा देखा लोको पायलट ने इमरजेंसी ब्रेक लगाकर ट्रेन को रोका। लोको पायलट ने ट्रेन रोककर इंजन के नीचे फंसे युवक को गंभीर अवस्था में बाहर निकाला। ग्रामीण व पायलट की सूचना पर पहुंची पुलिस,युवक को घायल अवस्था में अस्पताल में भर्ती कराया गया। शुक्रवार को सोशल मीडिया में इसका वीडियो वायरल हो गया।उधर, बिजनौर में एक शख्स नशे में रेल की पटरी पर सो गया। ट्रेन उसके ऊपर से भी गुजर गई। लोको पायलट ने पुलिस को सूचना दिलवाई कि संभवता एक व्यक्ति ट्रेन से कट गया है। पुलिस पहुंची तो वो नशे में सोता मिला।
Source:Dainik Jagran
August 09, 2024 04:18 UTC
India Wins Hockey Bronze In Thrilling Paris 2024 Finale
India Wins Hockey Bronze In Thrilling Paris 2024 Finale A remarkable comeback leads to back-to-back Olympic medals for India's hockey team, sealing history on the world stageThe excitement surrounding the Paris Olympics 2024 reached new heights as India's men’s hockey team faced Spain for the bronze medal. Advancing to the match, India’s hope rested partly on captain Harmanpreet Singh, who proved invaluable with his notable performances. This victory marked significant history for Indian hockey, as it was the team's first back-to-back Olympic medals since 1952. They honored his distinguished two-decade career, illustrating the camaraderie and respect within the ranks of the Indian team. The Indian hockey team's commitment and accomplishments at the Paris Olympics not only excited fans but also inspired young athletes across the nation.
Source:The Hindu
August 09, 2024 04:18 UTC
Andhra minister Nadendla seeks allocation of red gram and funds to stabilise prices
VIJAYAWADA: Minister for Civil Supplies Nadendla Manohar met Union Minister Consumer Affairs, Food and Public Distribution Pralhad Joshi and discussed issues related to the allocation of red gram (tur dal) to the State, and enhancement of the NFSA coverage to beneficiaries against the existing coverage. Civil Supplies Minister Nadendla Manohar requested the Union Minister Pralhad Joshi to allocate Rs 532 crore from the Price Stabilisation Fund to stabilize prices in the State. Speaking to mediapersons after the meeting with Union Minister, Manohar said that they have sought one lakh tonnes of a red gram to the State as they were giving it for Rs 150 per kilo through Rythu Bazaars. It may be recalled that due to increasing prices of red gram, the State government decided to sell it through the local Rythu Bazaars at less price. Union Minister Pralhad Joshi has responded positively to all the requests and assured of early action.
Source:Indian Express
August 09, 2024 04:05 UTC
MPC could have changed stance to neutral
A change in stance now would have made it possible for a rate cut later this calendar year, if the growth impulse turned weak. This reasoning seems to have prompted two of the six MPC members to take a contrary, dovish stance at the June meeting and this one. It has significantly termed food inflation as “persistent” and not “transitory”. A vigil on inflation would perhaps not have been compromised by relaxing the liquidity stance to neutral to lift sentiments. The prospect of global rates being eased allows the RBI to relax its stance without outflow worries.
Source:The Hindu
August 09, 2024 03:43 UTC
Charging Infrastructure: India's EV market set to hit $48.6 billion by 2030; 1.32 million EV chargers needed, ET EnergyWorld
Download ETEnergyworld App Get Realtime updatesSave your favourite articles Scan to download AppNew Delhi: India 's electric vehicle (EV) market is projected to reach $48.6 billion by 2030, according to a report by Forvis Mazars . This significant growth is driven by the rapid expansion of public Battery Electric Vehicle (BEV) charging stations, which increased nearly ninefold from 1,800 in February 2022 to 16,347 in March 2024. "India needs to scale up public charging infrastructure to meet the growing demand and reduce range anxiety. By 2030, electric vehicles are projected to make up almost one-third of India's passenger vehicle market, highlighting the significant infrastructure requirements," he said.By 2030, India is projected to have around 50 million EVs on its roads, with a market size expected to reach $48.6 billion. To meet this demand, India will need to install over 400,000 chargers annually, totaling 1.32 million chargers by 2030.
Source:Economic Times
August 09, 2024 03:29 UTC
A powerful earthquake hits off southern Japan; tsunami advisory issued
A powerful earthquake struck off Japan’s southern coast on August 8, triggering a tsunami advisory. The Japan Meteorological Agency said the quake registered magnitude 7.1 and was centered in waters off the eastern coast of Japan’s southern main island of Kyushu at a depth of about 30 kilometres (18.6 miles). The agency said tsunami waves of up 50 centimetres (1.6 feet) were detected along parts of Kyushu’s southern coast and the nearby island of Shikoku about a half hour after the quake struck. Earthquakes in areas with nuclear power plants have been a major concern since a massive earthquake and tsunami in March 2011 triggered the Fukushima nuclear disaster. An earthquake on January 1 in Japan’s north-central region of Noto left more than 240 people dead.
Source:The Hindu
August 09, 2024 01:54 UTC
A dreamer of better world tomorrow: Singur still hopes for industrial development
“I didn’t speak to you about the ‘partial turnaround’ of the party in the elections just for the sake of it.... The forecasts are mentioned here as an attempt to establish the most important side of Bhattacharjee’s character — he was a dreamer and felt that there would be a better world tomorrow. This ability to dream made the Deng Xiaoping-quoting Communist, who became the state’s chief minister in 2000, attempt something rare — marrying Marxist theory withmarket reality. Like any other dreamer, he also had messages for others, especially the youths for whom he had great hopes. Is there no other vision in life beyond a Maruti, no other identity besides a house?” the then chief minister had said, exhorting students to strive for “higher goals” and pursue “bigger dreams”.
Source:The Telegraph
August 09, 2024 00:57 UTC
Is Bangladesh a ticking time bomb and what next for Sheikh Hasina? Top focus on 5ive Live
Bangladesh has been witnessing a spike in violence with attacks on minorities and ousted PM Sheikh Hasina's supporters. Desperate Bangladeshi Hindus seek refuge while criminals escape jails. Meanwhile, there has been no word on when Sheikh Hasina will be leaving India. The external affairs ministry said there is no update on the former Bangladesh prime minister's next move or next plan. The MEA has also spoken out on anti-Hindu violence in Bangladesh stating that Bangladesh's new government, the interim government which is going to be sworn in today, must ensure the safety of all.
Source:India Today
August 08, 2024 22:29 UTC
Success Story: बागवानी से लाखों में कमाई कर रहा है ये किसान, ड्रैगन फ्रूट समेत इन फलों की करते हैं खेती!
Success Story: भारत के किसान अब पारंपरिक खेती से हट कर गैर-पारंपरिक खेती को करना पंसद कर रहे हैं और इसमें सफलता भी प्राप्त कर रहे हैं. ऐसे ही कुछ बिहार के कटिहार जिले के महिनाथपुर गांव के निवासी संजय कुमार सिंह फलों की खेती करके अच्छा खासा मुनाफा कमा रहे हैं. इस तंगी से निकालने के लिए किसान संजय ने खेती से ही एक नये अवसर की तलाशने शुरू कर दिए थे. इन्होंने अपने ड्रैगन फ्रूट के बगीचे में केला, धनिया, अदरक और मक्का की खेती शुरुआती वर्षों में अन्तवर्ती फसलों के रूप में की. वहीं केले की खेती से 97,000 रुपये की आय कमा रहे हैं और मक्का की खेती से 56,400 रुपये की कमाई हो रही है.
Source:Dainik Jagran
August 08, 2024 22:16 UTC
Building trust was key while moulding Indian hockey team, says Craig Fulton
Coach Craig Fulton said building trust was the key while moulding the Indian hockey team in his own philosophy over a short period of time and making it defend its bronze medal in the Paris Olympics. “We needed to build trust, because that’s the number one thing that you can rely on,” said Fulton. “We did a good job in the Asian Games (winning the gold medal and qualifying for the Olympics) to start that process. We had some tough times in Australia, in the Pro League. And it just came out, it really came out at the most opportune times, and it was a special, special time for the team.
Source:The Hindu
August 08, 2024 22:01 UTC