Biggest Story In India Headlines 11th September 2024
Finally, the much-awaited trailer for Devara: Part 1, coming from Koratala Siva, is out, promising a roaring drama that stitches together threads of power, fear, and revenge in the most delicate manner. The movie, starring Jr NTR, Janhvi Kapoor, and Saif Ali Khan, is expected to hit theatres with all its might on September 27.
A trailer that was launched in a five-star hotel at Andheri, Mumbai, amidst much fanfare, promises to take viewers into a world of Devara, ruled with fear by no less than Saif-until Jr NTR’s entry. Janhvi Kapoor essays the love interest of Jr NTR’s character, bringing an element of emotional intensity to the story. Fans await this multi-lingual release after the dramatic glimpse of visuals and powerful performances of the trailer.
In an astonishing turn of events, California State Senator Marie Alvarado-Gil has been accused by her former chief of staff, Chad Condit, of harassment and forcing him into a “sex-based quid pro quo relationship.” Alvarado-Gil is accused in the Sacramento County Superior Court lawsuit of using her position to leverage pressure on Condit for the commission of sexual acts over several years.
He says that harassment caused severe physical injuries to him due to which he suffered from three herniated discs and one collapsed hip. The lawsuit also describes how Alvarado-Gil allegedly retaliated against Condit after he tried to push her away from him. Attorneys for Alvarado-Gil have denied the charges, labeling them as financially driven.
The General Secretary of CPI(M) Sitaram Yechury, presently critical and on respiratory support, is presently under treatment at AIIMS, New Delhi.
The 72-year-old leader was admitted to the hospital on August 19 with a severe respiratory tract infection. A multidisciplinary team of doctors has been keeping him under close observation since then.
CPI(M) issued a statement confirming that Yechury has been receiving serious intensive care on Tuesday. With a long-running political career, Yechury has been active in building coalitions and has been a force to be reckoned with in Indian politics for long. A health update about him raised concern as he remains a key leader of CPI(M).
Tata Motors shares slumped nearly 5% in the early trade on September 11 after UBS Securities maintained its rating ‘sell’ on the stock as it sees a risk in Tata’s luxury arm Jaguar Land Rover and in the passenger vehicle segment of the company in the domestic market.
UBS has set a target price at ₹ 825, indicating a loss of 20% from its last close.
The brokerage firm is afraid that demand for premium models of JLR, like the Defender and Range Rover, may be slipping, which would force discounts higher, adding to margin pressure.
A Better Gaming Experience Comes Your Way Sony has officially announced the coming of the PlayStation 5 Pro, which will offer gamers an enhanced experience in terms of graphics, speed, and smoothness. Pre-orders will start now, but the shipment
could start from October 10th. The PS5 Pro is targeted at gamers desiring the latest and most immersive experiences in genres from action to racing.
The gaming community gets excited since gamers await upgrading their sets and getting new features with the PS5 Pro.
During last night’s presidential debate, Vice President Kamala Harris stole the show-and the internet-with her collection of reactions to controversial comments by former President Donald Trump-particularly the weird comment about ‘dog-eating.’ The eye rolls, the dramatic sighs, and the pointed glances went viral on social media in no time, eclipsing much of what was debated. At one point, X hashtags such as #HarrisMeme and #DogEaters started trending as a stream of memes and reactions to her demeanor hit the site. In this way, Harris’s involuntary body language accidentally turned an otherwise hotly contested political exchange into a source of humor.
Within hours of the launch of the Apple iPhone 16, Huawei went all guns blazing and launched the world’s first tri-fold smartphone-the Mate XT Ultimate Design. The Mate XT boasts of a massive 10.2-inch display unfolded-both in width and height-and packs the latest tech one can imagine in a smartphone. It has flexible OLED screen technology combined with a triple-camera setup.
The starting price of this smartphone is CNY 19,999, approximately ₹2,35,900 for the base variant, which will offer users different options to choose from, regarding the storage, with a powerful 5,600mAh battery. The tri-fold design lets it jump between the shape of a tablet-like device and a compact smartphone, a shape-shifting wonder that might be useful for the tech geek.
The Princess of Dubai, Sheikha Mahra Al Maktoum, has been in the news with her latest line of perfumes aptly termed “Divorce.” This becomes her launch after the highly publicized divorce and has taken the public into a tizzy. The fragrance under her brand, Mahra M1, comes in a sleek black bottle that signifies the end of her marriage. A teaser for the product was launched on Instagram, along with a video full of symbolic imagery, including broken glass and a black panther. Much hype has centered around its launch, given it would be a bold statement for independence and empowerment.
Prime Minister Narendra Modi launched SEMICON India 2024 to envision India as the leader in semiconductor manufacturing in the world.
Addressing the Greater Noida event, Modi said, “The country with an integrated ecosystem and stable policies represents a destination of attraction for the semiconductor investment. More than ₹1.5 lakh crore of investment has already been committed for the semiconductor projects in India, and many are still in the pipeline.”. The ambitious statement of Modi now is to see an Indian-made chip in every device around the world-a milestone for India moving forward in applied technology.
On September 11, shares of Tata Power fell 0.76% in early trades even as the broader Nifty jumped 0.09%.
It opened at ₹ 446 and went through many ups and downs during the day, reaching a high of ₹448.9 and a low of ₹441.
The volumes traded on NSE and BSE were much higher than the previous session, indicating decent market activity. The stock, after this decline, is still above its short-term and long-term moving averages and hence is still stable for the near term.
The world is marking the 22nd anniversary of the September 11 attacks, and new details and lesser-known facts are emerging to this day about that fateful morning.
Those 9/11 terror attacks were at the hands of 19 hijackers who commandeered four commercial airliners-two each at the Twin Towers of New York’s World Trade Center and at Washington’s Pentagon complex-resulting in almost 3,000 deaths amidst its scarring of world history.
These attacks further reached and touched the World Trade Center and the Pentagon, leaving behind geopolitical consequences in the form of wars in Afghanistan and Iraq.
This anniversary reminds one of the resilience and unity that emerged in the aftermath of the tragedy.
Agreements Marking a major diplomatic breakthrough, India and the UAE have inked pacts to secure long-term supplies of LNG and to expand cooperation in the civilian nuclear sector. The agreements were finalized during a meeting between Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.
The discussions also touched on emerging sectors such as artificial intelligence and critical minerals.
These agreements are likely to further strengthen the strategic partnership of India and the UAE in the field of energy security and technological advancement.
The Initial Public Offering of Kross Limited opened on September 9, 2024, and is going to close today. Till now, on the second day of subscription, the overall IPO subscription has received attention with 2.73 times. The retail category is still the most active as subscription in this category has reached 4.15 times. The QIB category subscribed to the issue in a tepid manner at 0.03 times while NII subscribed the offer 3.03 times.
The IPO of Kross Limited is a book-built issue that is raising ₹500 crores in all. This will be equally divided into an offer for sale of 1.04 crore shares, amounting to ₹250 crores, and a fresh issue of 1.04 crore shares, aggregating ₹250 crores. The share allocation is likely to get finalized on Thursday, September 12, 2024, and the tentative listing date is September 16, 2024, on both the BSE and NSE.
According to investorgain.com, on the grey market, the IPO of Kross is showing an upside of ₹50. This hints that shares might list at ₹290 per share-a 20.83% premium over the IPO price of ₹240. There has been an upward trend in the grey market premium, indicating strong investor confidence for the company’s stock and the probability of a strong market debut in the main board.
ONGC shares have tumbled anew as the stock slid over 2% in early deals on Wednesday, after a sharp plunge in global crude oil prices potentially dented the earnings of ONGC. The stock fell as much as 2.68% to ₹287.70 per share on the BSE. The bearish trend in ONGC shares has been quite prominent over the last one month, as the stock has lost more than 12% in this period.
However, one may point out that ONGC shares have returned still 41% YTD and more than 58% in the last one year. The decline in crude oil prices to a three-year low largely occurred amidst the Organization of the Petroleum Exporting Countries cutting its forecast of global oil demand growth in 2024. OPEC now sees a rise in demand by 2.03 million b/d next year, against the 2.11 million b/d growth forecast for the same period a month earlier.
A week after the violent jailbreak attempt at Makala central prison in Kinshasa, Democratic Republic of Congo, the situation is still tense and tragic.
The incident happened early on Monday when intense gunfire spread panic among the people of this part of town. Videos, widely spread on social media, show prisoners attempting to flee in darkness, their torches lighting the way out as the sounds of padlocks being broken and gunfire filled the air.
The Congolese authorities confirmed that at least 129 prisoners were killed during the incident: some were shot by security forces, while others were crushed and asphyxiated in the chaos. The prison, presently operating at ten times its intended capacity, has been regularly filled with such outbursts.
Officials said no prisoners had escaped, but accounts from inmates and prisoners’ rights groups estimated that nearly 2,000 inmates were unaccounted for, raising serious questions about the veracity of the official statements and the condition inside the prison.
The Makala prison incident is a pointer to the very dismal state of affairs that pertains in the Congolese prison system, where the two most fundamental problems-overcrowding and poor conditions-are a catalyst for such tragic events.
Top 15 Incredibly Beautiful Women from Across the World
Krystyna Pyszkova, Representing The Czech Republic, Crowned Miss World 2024!
Source: Google
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