GAUTAM BUDDH NAGAR DEVELOPMENT
Air India plane crash: London-bound flight had 169 Indian nationals and 53 British nationals on board
An Air India Dreamliner, Flight AI171, tragically crashed shortly after departing from Ahmedabad airport en route to London Gatwick. Carrying 242 individuals, including passengers of Indian, British, Portuguese, and Canadian nationalities, the aircraft went down near Meghaninagar, just outside the airport perimeter. A MAYDAY call was issued before contact was lost.
Ahmedabad plane crash: Who were the only 2 survivors of the 1988 Indian Airlines flight tragedy in which over 100 passengers died?
An Air India flight crashed in Ahmedabad shortly after takeoff, evoking memories of the 1988 Indian Airlines disaster. The recent incident resulted in multiple injuries, with victims receiving urgent care. Ashok Agarwal, a survivor of the 1988 crash where he lost his wife and daughter, passed away in 2020, haunted by the past tragedy.
SEPC bags Rs 650 cr solar EPC project in Maharashtra
SEPC has secured a significant order worth Rupees 650 crore. The company will establish 133 MW of solar power capacity across Maharashtra. Parmeshi Urja Limited, Kolkata, awarded the EPC solar power projects. The projects span 26 locations in four districts. This initiative aligns with the PM-KUSUM Yojana. The project is expected to be completed within 12 to 18 months.
Adani eyes airport unit IPO by 2027, accelerates $100 billion capex pace: Reports
Gautam Adani's conglomerate intends to list its Adani Airports unit by March 2027, fueled by a massive $100 billion investment plan across its diverse businesses. This ambitious growth strategy involves spinning off and listing the airports unit, which manages eight airports nationwide.
A railway overbridge in Bhopal with 90 degrees turn raises eyebrows. People question its safety
A newly constructed railway overbridge near Bhopal's Aishbagh Stadium, built to ease traffic congestion, has sparked controversy due to its sharp 90-degree turn. Officials cite land constraints and the presence of a metro station as reasons for the design.
Gautam Adani visits Chinese equipment makers as US legal woes linger
Gautam Adani visited China to meet industrial equipment manufacturers. This trip marks his first overseas engagement since US legal cases. Sagar Adani accompanied him. The visit highlights Adani's focus on renewable energy. He inspected Jinko Solar's facility. Adani also visited Broad Group. This trip signals renewed international engagement. It comes amid controversies and investor concerns.
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Sacheerome’s IPO sizzles as GMP leaps to show 40% listing pop; Final day subscriptions top 60x
Sacheerome’s IPO saw strong investor demand, with a GMP surge indicating a likely 40% premium listing. Subscribed over 60 times, the Rs 61.62 crore issue will fund a new plant. The company reported robust FY25 financials and plans expansion in the fragrance and flavour market.
Fire breaks out at Metro Hospital in Noida; no injuries reported
A fire broke out in the physiotherapy unit of Metro Hospital in Noida's Sector-11 on Wednesday. Prompt action by the fire department and hospital staff contained the blaze quickly. The fire was limited to the physiotherapy section, which is separate from the main building, and no injuries or casualties were reported, ensuring patient safety.
Uncertainty over strategy of JPVL lenders clouds Jaypee Associates' debt resolution
The corporate debt resolution of Jaiprakash Associates Ltd (JAL) faces uncertainty due to a lack of clarity on lenders' future plans for Jaiprakash Power Ventures Ltd (JPVL), its most valuable asset. JPVL had issued ₹3,800 crore worth of compulsory convertible preference shares (CCPS) to lenders in 2019, but the timeline for conversion into equity remains open-ended.
India's Raymond Realty to list in early July, top executive says
India's Raymond Realty, recently carved out from the namesake conglomerate, is on track to list in early July as the group looks to streamline its corporate structure, a top executive told Reuters on Tuesday.
Sacheerome IPO booked 17 times on Day 2 so far, GMP points to 29% listing pop
The Rs 61.62 crore Sacheerome IPO consists entirely of a fresh issue of 60.41 lakh shares. Retail investors must apply for a minimum of 1,200 shares, translating to an investment of at least Rs 1,22,400. The issue opened for subscription on June 9 and will close on June 11.
Meghalaya murder: One of the accused took people to man's funeral in Indore
The murder of Raja Raghuvanshi takes a shocking turn. An eyewitness reveals that one of the accused, Kushwaha, transported people to Raja's funeral. Raja's wife, Sonam, and three others are arrested. Sonam's father denies Kushwaha's involvement. Locals in Indore protest, demanding a CBI inquiry. Police are deployed outside Sonam's residence. The investigation continues to unfold.
Delhi chole bhature shop owner gets Rs 4 crore extortion call from international number
A popular Chole Bhature shop owner in Delhi’s Rohini received a chilling extortion call demanding Rs 4 crore, allegedly in the name of gangster Kaushal Chaudhary’s gang. The threat came from an international number, prompting the frightened businessman to approach police. A case has been registered and an investigation is underway.
Buy Suzlon Energy, target price Rs 81: JM Financial
JM Financial suggests buying Suzlon Energy shares. The target price is now Rs 81. Suzlon's current market price is Rs 67.33. The company's income rose significantly this quarter. Wind energy demand is increasing in India. This is due to hybrid projects and import controls. JM Financial expects Suzlon's earnings per share to grow in the coming years.
“Forced Marriage?” Netizens react to viral video, say Sonam looked unhappy during wedding ritual
A viral video showing Raja Raghuvanshi and his wife, Sonam, during their wedding ceremony has surfaced amidst the investigation into Raja's death. Social media users speculate about Sonam's unhappiness in the video, fueling suspicions. Raja's body was discovered after a honeymoon trip, leading to Sonam's surrender and the arrest of three suspects accused of murder at her direction.
Consolidation in cement to continue, expects 7-8% industry growth in FY26: Dalmia Bharat
Cement industry is set for further consolidation. Top companies may control over 60% of the capacity in two years. Dalmia Bharat anticipates cement demand to grow by 7-8% in FY26. This growth will be driven by housing, infrastructure, and private investments. The company plans significant capacity expansion through both organic and inorganic routes.
Sacheerome IPO opens today: Check GMP, price band and other details
Sacheerome's IPO opens on June 9, aiming to raise Rs 61.62 crore through a fresh issue of equity shares, with listing on NSE SME platform tentatively set for June 16. The company, specializing in fragrances and flavors, plans to utilize the IPO proceeds for a new manufacturing facility and general corporate purposes, following a year of revenue growth and profitability.
Indians' grocery baskets grow bigger in FY25: Kantar report
Indians shopped for groceries 156 times in FY25. Pack sizes increased in value and quantity. Confidence is returning to shoppers. Premium products are in demand. Urban FMCG growth is expected. Rural recovery is anticipated later this year. FMCG volume sales growth slowed in the March quarter. Unbranded products saw higher growth.
NCB seizes Rs 9.2 crore assets of 'prime accused' in transnational drugs trafficking case from Noida
The Narcotics Control Bureau (NCB) has attached a flat and factory worth ₹9.20 crore in Noida, Uttar Pradesh, belonging to a key suspect in a 2024 transnational drug trafficking case with links to a Mexican cartel. This action follows the seizure of over 95 kg of amphetamine and the discovery of a clandestine drug lab in Noida last October.
Bank executive arrested for stealing gold worth Rs 27 lakh mortgaged by customers
Sachin Arun Kalan, a 29-year-old bank executive, was apprehended in Thane district on June 6 for allegedly stealing gold worth Rs 27 lakh. Kalan, employed at a private bank in Ambernath East, reportedly misappropriated gold ornaments pledged by customers between May and May 26 while managing gold loan cases.
Shubman Gill-led India begin training in England
India has started preparing for the five-match Test series against England. The team, led by Shubman Gill, is training at Lord's. Key players like Jasprit Bumrah and Rishabh Pant are participating. India aims to win its first Test series in England since 2007. The series will commence on June 20 at Leeds.
Gautam Adani draws Rs 10.41 cr pay in FY25, lags behind peers
Gautam Adani, India’s second richest person, earned ₹10.41 crore in FY25, drawing salary from just two of his nine listed companies—Adani Enterprises and Adani Ports. His pay rose 12% from ₹9.26 crore in FY24 but remained lower than many industry peers and even some top executives within his group.
ET Graphics: Who shops online the most?
Forget the metros — it's Chandigarh that tops India's online shopping charts, with nearly 7 out of 10 households making purchases via the internet, according to an ET analysis of data released by the statistics ministry last week. Smaller states and Union Territories like Goa and Dadra & Nagar Haveli are not far behind, even outpacing Delhi. The term "online purchases" includes goods bought through e-commerce websites or mobile apps.
After Basavaraju, another jolt to maoists: Sudhakar killed
Security forces killed top Maoist leader Gautam alias Sudhakar in Chhattisgarh's Bijapur district. Gautam carried a reward of Rs 40 lakh. He was a Central Committee Member. He was responsible for violence and radicalizing youth. This is a major blow to Maoist leadership in Dandakaranya region. Security forces recovered an AK-47 and explosives.
Piyush Goyal proposes developing industrial enclave for Italian businesses in India
Commerce and Industry Minister Piyush Goyal proposed developing industrial conclaves in India for Italian businesses to boost investments. He suggested setting up manufacturing units and offices in these enclaves, offering a 'home away from home' environment with amenities like hotels and healthcare.
Rise of outsiders: Ex-AAP minister Rajendra Pal Gautam gets key Congress post
Rajendra Pal Gautam, ex-AAP minister, is now chairman of AICC's Scheduled Castes department. This follows a trend of appointing 'outsiders' to key Congress positions. Rahul Gandhi is believed to be behind these decisions. Anil Jaihind and Kanhaiya Kumar received similar appointments recently. These moves reflect a focus on social justice. Some earlier appointees with RSS links have caused internal friction.
16 illegal Bangladeshi Nationals apprehended in Delhi's Seemapuri area
Delhi Police arrested sixteen Bangladeshi citizens in Seemapuri. The individuals included men, women, and children. They entered India without valid documents. Police acted on intelligence regarding illegal movement near the Uttar Pradesh border. The group confessed to crossing the border years ago due to poverty. They worked at brick kilns in Haryana. Authorities have initiated deportation proceedings through the FRRO.
Rajeev Krishna appointed as the new Uttar Pradesh DGP. Here's all about him
Rajeev Krishna, a 1991-batch IPS officer, has been appointed as the new Director General of Police (DGP) of Uttar Pradesh, succeeding Prashant Kumar. Currently serving as DG of Vigilance, Krishna is known for his past tenure as SSP in Agra, where he cracked down on criminal gangs. He is expected to bring his extensive experience to the top post.
First Mahindra, now Uber! Noida airport's got your ride covered
Noida International Airport is enhancing passenger connectivity. It has partnered with Uber India for last-mile services. Designated pick-up zones will be set up at the airport. This ensures reduced waiting times. The airport is also collaborating with local authorities. They will strengthen public transport links. Bus services to major NCR cities and Uttarakhand are planned.
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