Tag: llv news

  • Jay Shah’s ICC Role Opens BCCI Secretary Spot: Who’s Next?

    Jay Shah’s ICC Role Opens BCCI Secretary Spot: Who’s Next?

    Jay Shah has become the youngest chairman of the International Cricket Council (ICC), starting his job on December 1. This means the position of secretary in the Board of Control for Cricket in India (BCCI) is now open. People are curious about who will replace him. After a rule change in 2022, the secretary now holds a lot of power in the BCCI, overseeing both cricket and business matters, with the CEO reporting to him.

    Shah was elected to the ICC role without competition in August, but many are still talking about how the BCCI will handle this change. Potential candidates to take over Shah’s position are Anil Patel from Gujarat and the current joint secretary, Devjit Saikia. There’s also some talk about Rohan Jaitley, the president of the Delhi District Cricket Association (DDCA), but that’s just gossip for now.

    A BCCI administrator said that it’s likely Saikia will serve as the interim secretary for now. He explained that there are daily issues to resolve, and whoever steps in needs to understand how the BCCI works. When an elected officer resigns, the BCCI has 45 days to hold a special meeting and choose a new one. From when Shah started at ICC, that gives the board until mid-January to make a decision.

    The BCCI must also hire an electoral officer at least four weeks before the election. A senior official from a state unit said there’s plenty of time to make this change. They also added that this process should have started already since the new secretary needs to sign most documents. This issue should have been discussed at the Annual General Meeting (AGM) in September, but nobody really talked about it. Another person mentioned that there’s a lack of leadership at the BCCI right now.

    The current officers’ three-year term ends in September next year, meaning the new secretary will only be in charge for about a year. Lastly, it remains unclear who will represent the BCCI on the ICC board, a post that Shah also held. Roger Binny, the BCCI president, is among the alternate directors, while Arun Dhumal, the IPL chairman, represents India on the ICC’s Chief Executives’ Committee.

  • Supreme Court Questions Uttar Pradesh’s Harsh Gangster Act in Ongoing Case

    Supreme Court Questions Uttar Pradesh’s Harsh Gangster Act in Ongoing Case

    On Wednesday, the Supreme Court said that the Uttar Pradesh Gangsters and Anti-Social Activities (Prevention) Act seems very harsh. This statement came while they were looking into a case of a man who disagreed with a May 2023 ruling from the Allahabad High Court, which turned down his request to stop the ongoing legal proceedings against him in a Kasganj district court. The Supreme Court judges, Justices B R Gavai and K V Viswanathan, said they would examine the case further after admitting the appeal.

    Last November, the Supreme Court had already asked the Uttar Pradesh government to respond to this situation and told them that no serious action could be taken against the man while they were looking into it. The man’s lawyer argued that he was being unfairly charged under the 1986 Act for illegal mining in the Ganga River. He pointed out that he had been accused twice for the same thing.

    The state’s lawyer referred to the 1986 Act, suggesting that it needs proper consideration. The Supreme Court mentioned that there is also a separate case about the constitutionality of some parts of this Act, which they will review. The man’s lawyer stated that he was wrongly accused and that the charges against him were based only on another case where his name wasn’t even mentioned. On November 29, the Supreme Court decided to look at the separate matter regarding the Act’s rules and asked the Uttar Pradesh government for its opinion.

  • Aaliyah Kashyap’s Pre-Wedding Festivities Kick Off – Exciting Details!

    Aaliyah Kashyap’s Pre-Wedding Festivities Kick Off – Exciting Details!

    Aaliyah Kashyap, the daughter of famous filmmaker Anurag Kashyap, is all set to get married! The celebrations for her wedding have just begun, and everyone is buzzing with excitement. Friends and family are coming together to celebrate this special moment in her life.

    The pre-wedding parties are filled with fun activities, colorful decorations, and joyful music. Aaliyah is looking beautiful in her traditional outfits, and everyone is eager to join in the celebrations. The bride-to-be is sharing moments on her social media, giving everyone a glimpse of the fun happening around her.

    The big day is getting closer, and fans are thrilled to see what Aaliyah has planned. With all the love and festivities, it’s clear that this wedding will be a memorable one!

  • Sebi Introduces Simple New Rules for Investor Nominations

    Sebi Introduces Simple New Rules for Investor Nominations

    The Securities and Exchange Board of India (Sebi) has introduced new rules that help make things easier for people who invest in the stock market. Starting from November 28, these rules allow investors to choose someone they trust to manage their investments if they can’t do it themselves.

    Here’s what you need to know:

    – Easy Nominations: Now, investors can pick one person to take care of their stocks and money if they get sick or pass away. This makes sure that their investments are safe and can be passed on without trouble.

    – Joint Ownership: If two or more people own shares together, they can also nominate someone who will receive the shares when they are all gone.

    – No Worries for Depository Participants: The companies that keep track of these shares (called depositories) and brokers will not be held responsible if something goes wrong with the nominations.

    These changes are all about making it easier for everyone to manage their investments and making sure that things go smoothly when unexpected events happen.

  • Honda Amaze 2024 Review: Affordable Sedan with Modern Features

    Honda Amaze 2024 Review: Affordable Sedan with Modern Features

    Honda Cars India has introduced the new Amaze sedan at a starting price of ₹799,900 (ex-showroom). This launch comes shortly after Maruti Suzuki released its fourth-generation Dzire. With this updated Amaze, Honda hopes to increase its sales and market share in the sub-compact sedan segment, competing with cars like Dzire, Hyundai Aura, and Tata Tigor.

    Pricing and Variants
    The new Honda Amaze is available in three versions: V, VX, and ZX. The V trim starts at ₹799,900, while the VX version costs ₹909,900 and the ZX version is priced at ₹969,000.

    Stylish Design and Colors
    The new Amaze features a fresh design, taking inspiration from the Honda Elevate at the front and Honda City at the rear. It has a bigger grille, sharp LED headlights, and LED fog lights. The car also comes with 15-inch alloy wheels and Honda City-style LED taillights. Buyers can choose from six colors, including Radiant Red, Platinum White, and a new color called Obsidian Blue Pearl.

    Updated Interior
    Inside, the Amaze has a modern dashboard with more digital displays. It features a 7.0-inch semi-digital instrument panel and an 8.0-inch touchscreen infotainment system packed with connected features. Other important features include rear air conditioning vents and advanced safety tech known as Level 2 ADAS.

    Engine and Performance
    The new Amaze is powered by a 1.2-liter four-cylinder petrol engine, delivering 88 bhp and 110 Nm of torque. Drivers have the option of a 5-speed manual or a CVT transmission.

  • Veefin Group Strengthens Leadership with New CHRO and CBMO Appointments

    Veefin Group Strengthens Leadership with New CHRO and CBMO Appointments

    Veefin Group, a company from Mumbai that helps businesses with money management and working capital, has announced two new top leaders. Gitesh Karnik is now the Chief Human Resources Officer (CHRO) and Saurabh Kanwar is the Chief Brand and Marketing Officer (CBMO).

    In his role, Karnik will work on improving how the company engages its employees and helps them perform better. Kanwar will be responsible for making the company’s brand more well-known and for leading marketing efforts. Raja Debnath, the chairman and cofounder, said that both Karnik and Kanwar have vast experience and success in their fields. Their skills will be essential as the company keeps growing and coming up with new ideas.

    Kanwar has a history of working with popular media companies like Star, Viacom, and Disney. Karnik has over 20 years of experience and has held important roles, including Chief People Officer in leading fintech companies and senior HR roles at Tata Capital and Magma Fincorp. According to a company press release, Karnik is focused on creating strong performance systems, developing workplaces where employees feel engaged, and driving important HR projects.

  • 2024 Honda Amaze Launch: Advanced Safety, Affordable Prices!

    2024 Honda Amaze Launch: Advanced Safety, Affordable Prices!

    Honda Cars India has just launched the 2024 Amaze, starting at Rs 8 lakh and going up to Rs 10.90 lakh for the top model. These prices are for the first 45 days after the launch and are for ex-showroom purchases, meaning they don’t include extra costs like taxes.

    What’s special about the new Amaze? It’s now the cheapest car in India that comes with advanced driver assistance systems (ADAS), called Honda Sensing. This means it has smart features to help keep you safe while driving. Excitingly, all Honda cars in India now have this technology, including popular models like the City sedan and Elevate SUV.

    The Amaze is in its third version since it first came out in 2013, and Honda has sold nearly 580,000 of these cars, making up 40% of its sales in India.

    The 2024 Amaze has some nice upgrades but still uses the same 1.2-liter petrol engine that gives 90PS power and 110Nm torque. You can choose between a 5-speed manual or a CVT automatic transmission. It’s also fuel-efficient, with 18.65 km on a liter for manual and 19.46 km for the CVT.

    There are three versions of the Amaze: V, VX, and ZX. The ZX trim has the ADAS features. Here are the prices for each version:

    – V MT: Rs 8 lakh
    – V CVT: Rs 9.20 lakh
    – VX MT: Rs 9.10 lakh
    – VX CVT: Rs 10 lakh
    – ZX MT: Rs 9.70 lakh
    – ZX CVT: Rs 10.90 lakh

  • DLF Ltd. Shares Rise with Strong Sales: What You Need to Know!

    DLF Ltd. Shares Rise with Strong Sales: What You Need to Know!

    In New Delhi, DLF Ltd. shares were up by 0.49% during trading on Wednesday at 01:09 PM (IST). Around 26,754 shares were traded. The stock started at Rs 854.00 and reached an intraday high of Rs 854.00 and a low of Rs 841.00.

    DLF Ltd. has a 52-week high price of Rs 967.00 and a low price of Rs 632.65. The total market value of DLF Ltd. is Rs 208,656.40 crore.

    Strong Sales Growth!

    In the latest quarter ending on September 30, 2024, DLF Ltd. reported very strong sales of Rs 2,180.83 crore. This is a 26.07% increase compared to the previous quarter and a huge 47.71% increase from the same quarter last year. Their net profit for the latest quarter was Rs 1,381.08 crore, a fantastic increase of 121.76% compared to last year.

    How Is DLF Ltd. Valuated?

    According to NiftyStat data, DLF Ltd. shares are currently trading at a P/E ratio of 57.90 and a price-to-book ratio of 5.64. This means investors see good future growth potential, and they are willing to pay more for the shares even if there is no immediate growth.

    Who Owns DLF Ltd.?

    As of June 30, 2024, domestic institutional investors owned 3.46% of DLF Ltd. Foreign institutional investors owned 16.16%, while promoters held 74.08%.

    DLF Ltd. is part of the Real Estate industry and seems to be growing strong!

  • IndiGo Sues Mahindra Over ‘BE 6e’ Name: What You Need to Know

    IndiGo Sues Mahindra Over ‘BE 6e’ Name: What You Need to Know

    IndiGo, India’s biggest airline, has decided to take legal action against Mahindra Electric for naming its new car “BE 6e”. The airline claims that “6E” is their unique identifier, which they use for many services. These include things like 6E Prime, which gives customers perks such as choosing their seats, priority check-in, and free snacks, and 6E Flex, which allows passengers to change their flights anytime without extra charges.

    IndiGo filed the lawsuit on December 4, 2024, and the case will be reviewed on December 9. Interestingly, Justice Amit Bansal has stepped aside from the hearing.

    Mahindra has expressed a desire to discuss this matter with IndiGo. According to Sandeep Sethi, the lawyer for IndiGo, the airline registered the name “6E Link” in 2015 to protect their brand.

    On the other hand, Mahindra registered “BE 6e” on November 25, 2024, allowing them to use “6e” for many types of vehicles, not just cars.

    The Mahindra BE 6e is a sporty compact SUV set to hit the market in February 2025, priced at around ₹18.90 lakh. It will compete with other electric vehicles like the Tata Curvv EV, MG ZS EV, and the upcoming Hyundai Creta EV.

  • Rahul Gandhi Stopped by Police During Sambhal Visit Amid Violence

    Rahul Gandhi Stopped by Police During Sambhal Visit Amid Violence

    On Wednesday, Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, shared that the Uttar Pradesh police stopped his convoy at the Ghazipur border. He wanted to visit Sambhal, a place affected by recent violence, but the police wouldn’t let him go. Rahul claimed that he was being denied his right to meet the people impacted by the violence.

    Rahul mentioned he was even willing to travel to Sambhal alone with just the police. However, the authorities told him to come back in a few days. “I have the right as the Leader of the Opposition to go there, but they are stopping me,” he said at the Ghazipur border. “This is not just unfair; it goes against the Constitution. We just want to see how people are doing and understand what happened.”

    Priyanka Gandhi, a Congress MP, also spoke out, saying that Rahul has the right to meet the victims of the violence. She explained that what happened in Sambhal was wrong, and the police shouldn’t prevent him from visiting.

    On the other hand, Uttar Pradesh’s Deputy Chief Minister, Brajesh Pathak, accused the Congress leaders of trying to make political gains from the situation. He urged politicians to avoid worsening the law and order in the state. “Your visit is disturbing the peace,” he said. He also mentioned that some cartridges were found, hinting at larger issues related to the violence.

    The Sambhal violence resulted in four deaths and many injuries after protesters clashed with officials surveying a mosque site. The survey was ordered because of a local court decision regarding a claim that a temple was demolished to build the mosque.