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Top News on Dec 15: On Sunday, a number of key developments took place, including gains in market cap of five top firms, GNG Electronics' IPO plans, Maharashtra Cabinet expansion, Pushpa 2 collection and more.
Market capitalisation of 5 of the 10 most valuable companies on the stock market collectively increased by Rs1,13,117.17 crore last week. Bharti Airtel emerged as the top gainer, while valuations of Reliance Industries, State Bank of India (SBI), Life Insurance Corporation (LIC), ITC, and Hindustan Unilever slumped. Read more here
GNG Electronics is planning to enter the primary market with plans to raise ₹825 crore. It has emerged as India’s leading player in refurbishing ICT (information and communication technology) devices and largest seller of refurbished of laptops and desktops. Read more here
Swearing-in ceremony of the much-awaited Maharashtra cabinet ministers took place on Sunday. A total of 39 ministers took oath today, taking the strength of ministers in BJP-led Mahayuti alliance to 42. Governor P C Radhakrishnan administered the oath to the new ministers, 10 days after Chief Minister Devendra Fadnavis and deputy CMs Eknath Shinde and Ajit Pawar took oath. Read more here
Allu Arjun and Rashmika Mandanna starrer film ‘Pushpa 2: The Rule’ worldwide collection is on the track to cross ₹1,300 crores mark and become the third-biggest Indian grosser, according to Sacnilk. With this remarkable feat, its collection will exceed the lifetime worldwide collection of RRR. Rajamouli's RRR earned Rs1,230 crores while Yash-starrer KGF: Chapter 2, minted Rs1,215 crores. Read more here
Mani Shankar Aiyar, the diplomat-turned-politician, recently said that he had never dubbed PM Modi a “chaiwala” — underscoring the 2014 controversy in a new book. The veteran Congress leader contemplating his turbulent decades-long relationship with the Gandhi family alleged that they both ‘made and unmade’ his political career. Read more here
Bengaluru Police arrested Nikita Singhania and other members of her family on Saturday. They were accused of abetting the suicide of techie Atul Subhash. Meanwhile, Subhash's family voiced concern about the late techie's ‘missing’ son. Meanwhile, his father appealed to PM Modi for help. Read more here
Police arrested Nikita Singhania, the estranged wife of 34-year-old Atul Subhash in connection with Bengaluru techie Suicide Case. Her mother Visha and brother Anurag were also arrested, accused of abetting suicide. Police apprehended Nikita Singhania from Haryana’s Gurugram, and her mother Visha and brother Anurag from Uttar Pradesh's Allahabad. Read more here
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