India – A leading News Portal | Singh News Media https://www.singhnewsmedia.com A leading news portal delivering reliable, timely, and in-depth coverage of global news, politics, business, tech, sports, and entertainment. Mon, 21 Oct 2024 07:33:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.singhnewsmedia.com/wp-content/uploads/2024/10/favicon1.png India – A leading News Portal | Singh News Media https://www.singhnewsmedia.com 32 32 RBL Bank shares tank 14 pc; hit 52-week low after disappointing Sep qtr earnings https://www.singhnewsmedia.com/rbl-bank-shares-tank-14-pc-hit-52-week-low-after-disappointing-sep-qtr-earnings/ Mon, 21 Oct 2024 07:33:14 +0000 https://www.singhnewsmedia.com/?p=1072 Shares of RBL Bank slumped 14 per cent on Monday morning after the firm posted a 24 per cent decline in net profit in the September quarter to Rs 223 crore on asset quality challenges emanating from credit card and microlending books.

The company’s stock plunged 14 per cent to hit a 52-week low of Rs 176.50 apiece on both the BSE and NSE.

RBL Bank announced the September quarter earnings on Saturday.

The private sector lender had reported a post-tax net profit of Rs 294 crore in the year-ago period, and Rs 372 crore in the preceding June quarter.

RBL Bank Chief Executive Officer and Managing Director R Subramaniakumar told reporters that the stress in the microfinance book is due to industry-wide issues, but the same on the credit-card front, where the regulator has been flagging risks for the industry, is on account of internal aspects.

A senior bank official said the lender expects the challenges on credit cards that are arising out of a transition, to take loan collections in-house from being outsourced to a partner earlier, will settle by the end of the third quarter, but the same on microlending may persist longer.

The fresh slippages nearly doubled to Rs 1,026 crore during the quarter, and nearly 70 per cent of the additions came from the credit card book, while the rest were from microfinance, an official explained.

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Adar Poonawalla-led Serene to invest Rs 1,000 cr in Karan Johar’s production company https://www.singhnewsmedia.com/adar-poonawalla-led-serene-to-invest-rs-1000-cr-in-karan-johars-production-company/ Mon, 21 Oct 2024 07:17:43 +0000 https://www.singhnewsmedia.com/?p=1065 Vaccine maker Serum Institute of India CEO Adar Poonawalla-led Serene Productions on Monday said it will pick 50 per cent stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment for Rs 1,000 crore.

Serene Productions has entered into a binding agreement to invest Rs 1,000 crore in production house Dharma Productions and Dharmatic Entertainment (Dharma), the company said in a statement.

Subsequently, Serene Productions will hold a 50 per cent stake in Dharma, with Johar retaining the remaining 50 per cent ownership, it added.

“Poonawalla’s investment values Dharma at Rs 2,000 crore,” the statement said.

“We hope to build and grow Dharma and scale even greater heights in the years to come,” Poonawalla said on the investment.

On the investment by Serene Productions, Johar said, “This partnership represents a perfect blend of our emotional storytelling prowess and forward-thinking business strategies. It’s about honouring our roots while embracing the future of global entertainment.”

Under the new structure, Johar as the Executive Chairman will spearhead the company’s creative vision, while Apoorva Mehta, in his role as the Chief Executive Officer, will work with Johar in steering the strategic direction and overseeing the operations, the statement said.

The collaboration aims to further transform content creation, distribution, and audience engagement by integrating advanced technologies and pioneering production methods, it added.

The development comes at a time when India’s entertainment industry has experienced significant expansion, driven by surging digital penetration and a diverse audience seeking high-quality content across multiple platforms, with growing global relevance, the company said.

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Shraddha Kapoor decodes success of ‘Stree 2’, says her best is yet to come https://www.singhnewsmedia.com/shraddha-kapoor-decodes-success-of-stree-2-says-her-best-is-yet-to-come/ Mon, 21 Oct 2024 06:29:22 +0000 https://www.singhnewsmedia.com/?p=1062 Bollywood actor Shraddha Kapoor says the credit for the resounding success of her latest movie “Stree 2” belongs to its “fabulous team” that crafted a sequel true to the spirit of the original.

The Amar Kaushik-directed horror comedy, a sequel to the 2019 film “Stree”, has emerged as the highest-grossing Hindi film of all time at the domestic box office, with a collection of over Rs 600 crore.

At an event on Friday evening, where the iconic magazine Screen was relaunched, Kapoor called the film a “pure cinematic joy” and praised the collaborative effort of the crew and her co-stars Rajkummar Rao, Pankaj Tripathi, Abhishek Banerjee, and Aparshakti Khurana.

“We have brilliant actors in the film. We have some really entertaining dialogues. So, it has been a fabulous team effort and pure cinematic joy. I’m really proud to be a part of this film,” Kapoor said.

For Kapoor, it all began with “Stree”, set in the small town of Chanderi, Madhya Pradesh, where an evil spirit named ‘Stree’ abducts men during the festival season. The story was based on the urban legend of “Nale Ba,” which went viral in Karnataka in the 1990s.

“It was about six years ago, and Maddock Films was just up and coming as a production house. All the actors were at very different stages in our careers. We were also growing in our own ways,” she said.

“My personal reaction when I heard the first part was that I felt like I hadn’t heard a film like that before. It was based on an urban legend, and I was literally falling off the sofa when I heard it. I was so glad that they came to me for this film, which is pure entertainment. I was genuinely laughing at the dialogues and the scenes,” she added.

Kapoor, 37, said the movie and her character received immense love from audiences.

“My character is this mysterious girl who comes and goes, and you’re constantly wondering about her presence. So, it all began there. And hats off to our producer, our writers, and my director for really cracking the sequel because it’s important to not make a sequel for the sake of it.

“You really have to have some substance if you’re going to bring people to the theatre and garner genuine appreciation. I feel they stayed true to how a sequel should be made. They did a super job by cracking the story of “Stree 2″, getting all the entertainment factors into the film,” she said.

Kapoor, known for movies such as “Aashiqui 2”, “Ek Villain”, “Chhichhore”, and “Tu Jhoothi Main Makkaar”, also opened up about her approach to selecting films.

“I believe that my best is yet to come, and I definitely want to feel, when I am going to be a part of a film, that it is going to be something exciting for me as an actor… To be a part of a particular story that is really riveting, that may have a message subliminally passed on to the audience. I am in that headspace right now,” she said.

The actor also said her pace of work has changed.

“There was a time when I was doing a lot of films back to back, and now it’s the opposite. It’s like one film in three years… And it’s fine. I found my comfort in that now because I feel like I want to be a part of films where I feel truly fulfilled and can push myself as an actor while doing something different from what I’ve done before,” she added.

Kapoor also noted that it’s not necessary to have a constant stream of film releases.

“My next film hasn’t even been announced, and it’s okay. It takes a lot for you and for anybody to be a part of a film. It takes months. It takes a lot of work and a lot of prep. I feel that from the bottom of my heart,” she said.

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What all I am going through in my life: Salman Khan alludes to recent events on ‘Bigg Boss 18’ https://www.singhnewsmedia.com/what-all-i-am-going-through-in-my-life-salman-khan-alludes-to-recent-events-on-bigg-boss-18/ Mon, 21 Oct 2024 06:07:37 +0000 https://www.singhnewsmedia.com/?p=1059 In what could be called his first public comments following the murder of his close friend and NCP leader Baba Siddique, Bollywood superstar Salman Khan said he has to handle quarrels between “Bigg Boss 18” contestants at a time when he is “going through” a certain phase in his life.

Siddique, the former Maharashtra minister known for his starry iftar parties and Bollywood connections, was gunned down on October 12 outside his MLA son Zeeshan Siddique’s Mumbai office.

According to police, Siddique may have been targeted by gangster Lawrence Bishnoi because of his proximity to Khan.

On Saturday’s Weekend ka Vaar episode of “Bigg Boss 18”, on which the actor serves as the host, Khan said he wanted to give the popular reality series a miss.

“Yaar, qasam khuda ki what all I am going through in my life and I have to come and handle this (arguments between housemates)… I feel that I shouldn’t have come here today. But you have to do what you have to do,” Khan can be seen saying as per several videos circulating on social media.

“Mere par bhi bahut saare laanchan lagaye gaye hain (I have been accused of many things). I know what my parents go through,” he added in another clip.

It could not be immediately confirmed whether this episode was filmed before or after Siddique’s killing.

Though Khan didn’t share a post condoling Siddique’s passing on social media, he visited the slain politician’s Bandra residence last Sunday hours before his burial service.

The Mumbai traffic police received a threat message demanding Rs 5 crore from the Bollywood actor, following which the Crime Branch began a probe an official said on Friday.

A case was registered at Worli police under Bharatiya Nyaya Sanhita (BNS) for threat and extortion after the city’s traffic control room received the message on its WhatsApp helpline on Thursday afternoon, he said.

Khan had earlier received death threats from the Bishnoi gang whose members had also opened fire outside the actor’s Bandra home in April.

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Ganguly named director of cricket at JSW Sports https://www.singhnewsmedia.com/ganguly-named-director-of-cricket-at-jsw-sports/ Mon, 21 Oct 2024 05:55:59 +0000 https://www.singhnewsmedia.com/?p=1054 Former India captain Sourav Ganguly was on Thursday appointed Director of Cricket for JSW Sports, his role covering all its cricketing properties including the

Delhi team in the IPL andthe WPL along with the Pretoria Capitals franchise in SA20.

JSW Sports and GMR Group co-own Delhi Capitals in the IPL and WPL (Women’s Premier League) while Pretoria Capitals is owned solely by JSW Sports.

“In his role, Ganguly will spearhead all cricketing properties owned by JSW Sports, including the Delhi Capitals men’s IPL and women’s WPL teams, and the Pretoria Capitals that plays in the SA20 League in South Africa,” said JSW Sports in a statement.

Ganguly joined Delhi Capitals in 2019 as an advisor, where he worked alongside coach Ricky Ponting, and later returned to the franchise as Director of Cricket after his stint as BCCI president.

Ganguly’s appointment came soon after it was decided that the management of cricket operations for Delhi Capitals’ teams in the IPL and the WPL will be handled in a two-year rotation policy between GMR Group and JSW Group.

The GMR Group will handle the operations of the Delhi Capitals in the IPL for the next two years, while JSW Sports will handle the franchise’s team in the WPL.

Former India batter Hemang Badani is expected to be named head coach ahead of IPL 2025.

Speaking on the appointment, JSW Sports founder Parth Jindal said, “Dada has always had a special place at JSW Sports. For us, he is family first and then the cricketing icon that he is.

“I’ve said this in the past and it stands true even today – he is one of the sharpest brains in cricket and we will always stand to benefit from his guidance and wisdom of the sport.”

Ganguly added, “I’ve had the pleasure of knowing the JSW Group and the Jindal family personally and professionally which made this an easy decision.

“JSW Sports has been doing visionary work across the board, and I am pleased to be able to lend my experience to all its cricketing projects.”

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2 labourers killed, 2 injured in terrorist attack in J-K’s Ganderbal https://www.singhnewsmedia.com/2-labourers-killed-2-injured-in-terrorist-attack-in-j-ks-ganderbal/ Mon, 21 Oct 2024 05:49:11 +0000 https://www.singhnewsmedia.com/?p=1051 Two labourers were killed and two others injured in a terrorist attack in Jammu and Kashmir’s Ganderbal district, officials said.

The terrorists opened fire on the camp housing labourers of a private company working on construction of a tunnel at Gund area in the district, they said.

Two labourers died on the spot while two others sustained injuries, they said, adding further details are awaited.

Police and army have cordoned off the area to track the attackers.

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Loud blast heard in Delhi’s Rohini; fire trucks, bomb squad, police rush to spot https://www.singhnewsmedia.com/loud-blast-heard-in-delhis-rohini-fire-trucks-bomb-squad-police-rush-to-spot/ Mon, 21 Oct 2024 05:28:31 +0000 https://www.singhnewsmedia.com/?p=1048 A mysterious blast took place near a CRPF school in Prashant Vihar area in Delhi’s Rohini on Sunday morning. No one was injured in the incident, officials of the Delhi Fire Services said.

Fire engines, bomb squad a police forensic team have been rushed to the spot near the CRPF school, Sector 14, Rohini to ascertain the source of the loud blast.

The wall of the school, nearby shops and a car received damage, police said.

DFS officials said, “We received a call regarding a blast near the boundary wall of CRPF school at 7.50 am. We immediately rushed two fire engines to the spot. There was no fire and no one was injured due to the blast, so our vehicle returned.”

Senior police officers, including from the crime branch and the Special Cell, reached the spot.

“Our forensic team and crime unit are at the spot to collect samples from the blast location. It could be a firecracker, but we are investigating the entire matter from all angles,” a senior police officer said.

Police said that they are checking the CCTV footage.

In a statement, police said they received a PCR call at 7.47 am regarding a loud blast.

“SHO/PV and staff reached at the spot, where the school wall was found damaged with a foul smell. The glasses of nearby shop and car parked near the shop were found to be damaged. No one was injured,” they said.

“Crime team, FSL team and bomb disposal squad is called to the spot. Crime spot has been cordoned. Fire brigade team is on the spot. The matter is being looked into on the cause of blast,” it said.

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Bomb threats: Govt plans strict norms, no-fly list option against perpetrators https://www.singhnewsmedia.com/bomb-threats-govt-plans-strict-norms-no-fly-list-option-against-perpetrators/ Sat, 19 Oct 2024 03:16:15 +0000 https://www.singhnewsmedia.com/?p=994 The civil aviation ministry plans to put in place strict norms to prevent incidents of hoax bomb threats to airlines, including placing the perpetrators on the no-fly list, a senior official said on Thursday.

In four days, more than 20 flights of various Indian airlines received bomb threats, including international flights, and some of them were diverted. Most of the threats have turned out to be hoaxes.

Against this backdrop, the ministry is looking at amending existing rules, including those related to the Bureau of Civil Aviation Security (BCAS), in order to ensure stringent punishments are in place for the culprits, the official in the know said.

Placing individuals making hoax bomb threats in the airlines’ no-fly list is one of the proposals being looked at, the official said.

The official also said legal opinions are being gathered with respect to making the changes in the rules.

The provisions being followed in foreign countries to deal with hoax bomb threats are also being examined by the ministry.

Further, the official said that if necessary, legislative amendments will be explored for having a strong deterrent to prevent people from making hoax bomb threats to airlines.

Currently, there are strict norms against unruly passenger behaviour onboard flights but there are no specific provisions under the aviation regulations to deal with instances where a bomb threat has come from outside sources such as social media.

At present, the actions against hoax bomb threat incidents are taken by the police under criminal laws.

The official also said that discussions are going on with home and law ministries while inputs are being gathered from airlines.

“We want rules that can act as a deterrent,” the official said.

On Wednesday, Civil Aviation Minister K Rammohan Naidu said law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation.

He also condemned any attempt to compromise the safety, security and operational integrity of the aviation sector.

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Vir Das sets fifth comedy special with Netflix https://www.singhnewsmedia.com/vir-das-sets-fifth-comedy-special-with-netflix/ Sat, 19 Oct 2024 03:10:47 +0000 https://www.singhnewsmedia.com/?p=988 Actor-comic Vir Das and streaming platform Netflix are once again teaming up for a comedy special, the makers announced on Wednesday.

This marks his fifth project with the streamer after the International Emmy Award-winning “Landing”, “Abroad Understanding”, “Losing It”, and “For India”.

In a press release issued by Netflix, the new globetrotting special offers “a unique narrative of self-discovery and global connection”.

“As he moves from familiar stages to unexpected settings, he uncovers a profound truth: kindness is the only true universal language. In an era where roasts dominate the comedy landscape, Vir boldly challenges the norm by embracing joy and encouraging the world to share happiness freely,” it read.

Das said comedy has the power to bring people together, no matter where they come from.

“With this special, we are trying to bring something fresh to comedy by sharing stories and experiences that celebrate love and kindness while showing that laughter really is a universal language. This special will be an unapologetic direct shot of happiness to the heart.

“In my fifth special partnership with Netflix, I’m honoured to be able to showcase Indian comedy on a global stage and I can’t wait for audiences everywhere to join me on this journey,” the comedian said in a statement.

At the 2023 International Emmy Awards, Das won the best comedy award for “Landing”. He shared the trophy with the much acclaimed British series “Derry Girls”.

The comic is set to host this year’s International Emmy Awards, becoming the first Indian to do so. The ceremony will be held in New York City on November 25.

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I always felt I’ll make big films that my parents can see from heaven: Shah Rukh Khan https://www.singhnewsmedia.com/i-always-felt-ill-make-big-films-that-my-parents-can-see-from-heaven-shah-rukh-khan/ Sat, 19 Oct 2024 02:59:21 +0000 https://www.singhnewsmedia.com/?p=985 He is a superstar for all ages and seasons but there’s one star that he is enamoured by. Shah Rukh Khan says it’s none other than his late mother who he believes still keeps a watch on him and his films from above.

In a podcast, the actor — whose movies have featured aspirational songs like “Chaand Taare” (“Yes Boss”) and “Yeh Tara Woh Tara” (“Swades”) — reiterated how he missed out on showing his work to his parents — Meer Taj Mohammed Khan and Lateef Fatima — as they died before he joined films.

“For some reason, I always felt I’ll make films which are very big, so that my mom and dad can see them from heaven. I still think my mom’s a star, and it works. I think I even know the star she is,” Shah Rukh said on the “Locarno Meets” podcast.

The actor sat down for the conversation in August when he was in Switzerland to receive the Pardo alla Carriera award-Locarno Tourism at the 77th Locarno Film Festival, becoming the first Indian film personality to do so. The official YouTube page of the festival shared the interview last night.

It was also for his mother, a Dilip Kumar fan, that he worked in Sanjay Leela Bhansali’s “Devdas”. The 2002 film was the screen adaptation of Sarat Chandra Chattopadhyay’s 1917 novel. Kumar had played the character in a 1955 film of the same name.

“So I just felt that if I made Devdas, she would really like it. She would appreciate it. In spite of senior actors telling me, ‘Don’t do it,’ I just wanted to do it, maybe just to tell my mom, ‘Hey mom, I did Devdas.’ For me, it was that first and also working with Mr. Bhansali,” he added.

Shah Rukh, who normally doesn’t drink, said he started consuming alcohol after playing Devdas in the movie.

“It (drinking) might have helped (with the character), but I started drinking after the film and that’s one downside to it. I didn’t want you to feel love for him (character), but I didn’t want you to hate him. Nor did I want you to like him for being an alcoholic who runs away from every girl that he falls in love with. I just wanted him to appear indescribable,” he said.

The 58-year-old also said how he is asked by his team to “control myself” when it comes to his sense of humour.

“I can make people laugh and it’s very inappropriate at times so I try to control myself. I’m told by my team all the time ‘Don’t… People don’t understand your humour.’ Now people have become very sensitive, you say something and somebody gets disturbed. It’s better to not have a sense of humour.”

As an actor, however, he believes comedy is a serious business. He has starred in comedies such as “Duplicate”, “Baadshah”, “Chamatkar”, “Chennai Express”, and “Happy New Year”.

“I did a film called ‘Chennai Express’, that was a big learning experience. And it did well. People laughed at the jokes and I was relieved. I’ve not jumped into a comedy after that, I’m waiting,” he said.

Shah Rukh recalled an interaction with a group of German women 10-15 years ago.

“I asked them why do you like my films? They said ‘We have a button to make coffee, we have a button to go up the escalator, you are the button for making us cry’.”

The actor, who started his career in theatre and went on to become a familiar face on Indian television in the 1980s and ’90s, said God and the audience have been kind to him in the past 35 years.

“I feel like I have a choice that I can make. So, every six-eight months, I wake up with the thought that I want to do a horror film and I hope somebody offers me a horror film. And if not that, I have a plan B—let’s do comedy,” he added.

Shah Rukh is set to star in “King”, directed by Sujoy Ghosh.

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