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Showing posts with the label Mumbai news

22 killed, 30 injured in stampede near Mumbai's Elphinstone Station

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The unfortunate incident took place on foot overbridge linking Elphinstone Road and Parel suburban stations in Mumbai LATEST NEWS : Twenty two people have been killed and 30 injured in a stampede on foot overbridge linking Elphinstone Road and Parel suburban stations in Mumbai, according to ANI. The cause of the stampede was being probed. Emergency relief and medical teams were rushed to the station. "Of the injured 20 people have serious injuries, rest have minor injuries. Can't comment more right now," said Niket Kaushik, GRP Commissioner. The tragedy took place amid rain in the city around 10.40 am when the foot overbridge was heavily crowded, a police official said. Railway PRO Anil Saxena said, "It seems all started when someone slipped because of the wet floor." Police suspect a short-circuit with a loud sound near the FOB led to panic and people started running, resulting in the stampede. Three persons were brought dead to the...

Yes Bank turns ex-stock split in the ratio of 5 for 1; shares hit new high

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Since July 3, the bank announced the stock split plan the stock outperformed the market by surging 29% against 3.5% rise in Sensex LATSET NEWS :  Yes Bank hit a new high of Rs 383, up 2% on BSE in early morning trade after the stock turned ex-stock split in the ratio of 1:5 with effect from today. The board of Yes Bank on July 26, 2017 had approved stock split in the ratio of 5 for 1, i.e. sub-division of 1 equity share of face value of Rs 10 each fully paid up into 5 equity shares of Rs 2 each fully paid up. The bank has fixed Friday, September 22, 2017 as record date for determining the eligibility of shareholders, with regards to sub-division equity shares. In order to facilitate affordability of the company’s shares for investors at large and to enhance the liquidity of the company’s equity shares in the stock market, the most of companies proposed to bring down the nominal face value of equity shares. Since July 3, the bank announced the stock split pl...

Avenue Supermarts hits new high

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D-Mart with an m-cap of Rs 55,712 crore entered into the list of top-50 most valuable companies. LATEST  NEWS    : Avenue Supermarts, which operates supermarket chain D-Mart, has rallied 7% to Rs 910 on BSE, its highest level since listing on March 21, 2017. Shares of Avenue Supermarts (D-Mart) which is promoted by veteran ace investor Radhakishan Damani, rose 204% against its initial public offer (IPO) price of Rs 299 per share. The company raised Rs 1,870 crore was subscribed more than 100 times. Since March 21, 2017, the shares of D-Mart have outperformed the market by surging 42% compared with a gain of 6.5% in S&P BSE Sensex. At 01:41 pm; the stock was up 5.5% at Rs 893 against 0.53% rise in the benchmark index. A sharp surge in market price has led D-Mart to enter into the list of the top-50 most valuable companies in terms of market capitalisation (m-cap). D-Mart with an m-cap of Rs 55,712 crore stood at 47th position in overall m-ca...

Sonu Nigam shaves off his head post Maulvi's fatwa

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West Bengal cleric had issued a fatwa offering Rs 10 lakhs to shave off Nigam's head Bollywood singer Sonu Nigam on Wednesday shaved off his head, hours after offering to apologise if his controversial tweets were found to be anti-Muslim. Earlier today, he accepted headlong a challenge by a West Bengal cleric's fatwa offering Rs 10 lakhs to shave off Nigam's head. He hit back: "Today at 2pm, Aalim will come to my place and shave my head. Keep your 10 lakhs ready Maulvi." Nigam kept his word and shaved off his head just prior to addressing a media conference at his residence where police had beefed up security after his tweets raked up a huge ruckus. He appeared before the media with a clean-shaven pate, wearing spectacles and smiling away happily even as various Muslim groups and organizations protested and contemplated moving the courts against him. Follow Sonu Nigam ✔ @sonunigam Today at 2pm Aalim will come to my place, and shave my head. Keep your 1...