BUSINESS
Zee Shares Experience Sharp 30% Decline in Single Trading Session
The decline comes after Sony terminated its merger cooperation agreement (MCA) with Zee, ending more than two years of deliberation.
Broader Market Downturn Led by Real Estate and PSU Stocks
The PSU stocks index faced a decline of more than 3%, primarily influenced by a downturn in Railway stocks.
Zee Entertainment Stock Plummets 25% as Exchanges Adjust Lower Price Band
The stock touched its lower price band on both BSE and NSE as the bourses revised the lower circuit limit for the company.
Sensex Witnesses Sharp Decline: Banks Lead the Drop with Over 500 Points Down
In the broader markets, railway stocks are experiencing a significant decline. Railtel is down 13 percent, Ircon is down 12 percent, Texmaco Rail is down 10 percent, RVNL is down 9 percent, IRFC is down 9 percent, RITES is down 8 percent, and Titagarh is down 7 percent.
Ayodhya Airport Records Remarkable Day with Around 100 Chartered Flights, Officials Confirm
The Business Aircraft Operators Association (BAOA) President, Captain R K Bali, stated that out of the 100 chartered flights, around 50 were business jets.
Rupee Slides 6 Paise to 83.13 Against US Dollar in Early Trade
Brent crude futures, the global oil benchmark, were trading slightly lower at USD 80.04 per barrel. The increase in Brent oil prices is driven by supply concerns due to disruptions in the US and Russia.
Chinese Stock Market Faces Toughest Start to the Year Since 2016
On the mainland, China's Shanghai Composite Index experienced a substantial 2.7% decline, marking its most significant daily drop since April 2022.
Rajasthan Government Unveils 6 'Shri Ram-Janaki Industrial Zones' and Introduces Dedicated Bus Service to Ayodhya
To facilitate the pilgrimage to Ayodhya, a state roadways bus service will be inaugurated, connecting seven divisions within Rajasthan.
Ram Temple Consecration Celebrations See Participation from India Inc Leaders and Tech Titans
Mukesh Ambani's conglomerate, Reliance Industries, granted leave to all its employees, organized special pujas at temples across the country, and offered a 360-degree virtual tour of the temple on JioTV.
OYO Rooms Founder Ritesh Agarwal Wishes for Continued Growth and Prosperity for Ayodhya and India
Set to kick off the entrepreneurial journey with new and innovative pitchers on January 22, 'Shark Tank India 3' features Ritesh Agarwal on the investors' panel this year. Speaking about the synchronicity, he remarked, "It's a beautiful coincidence for ‘Shark Tank India 3’ to start streaming on the auspicious day of Ram Mandir's inauguration.
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