Saturday evening was filled with news-worthy events, from corporate announcements to political developments and sporting victories. Here’s a rundown of the key headlines you need to know:
DMart Reports Strong Q1 Results
Avenue Supermarts, the company behind the popular DMart retail chain, announced a robust 17.5% increase in consolidated net profit for the April-June quarter of fiscal 2024-25. This marks a significant growth compared to the same period last year, demonstrating the company’s strong performance.
Assembly Bypolls: INDIA Bloc Wins Majority
The INDIA bloc, a coalition of opposition parties, secured a majority in the recently concluded assembly bypolls, winning 10 out of 13 seats across seven states. The Bharatiya Janata Party (BJP) managed to win two seats in these bypolls, which were held on July 10th.
Mumbai Brace for Heavy Rainfall
The India Meteorological Department (IMD) has issued a red alert for heavy rainfall in several districts of Maharashtra, including Raigad, Ratnagiri, Kolhapur, and Satara. Thane district has been placed under an orange alert, while Mumbai is expected to experience moderate to heavy showers with the possibility of very heavy rainfall in isolated areas.
India Clinches Historic T20 Victory Over Zimbabwe
Indian cricketers Yashasvi Jaiswal and Shubman Gill played a pivotal role in securing a historic 10-wicket victory over Zimbabwe at the Harare Sports Stadium. This win gives India an unassailable 3-1 lead in the five-match T20 series.
PM Modi Inaugurates Projects in Mumbai, Aims for Global Fintech Hub
Prime Minister Narendra Modi was in Mumbai on Saturday to lay the foundation stone and inaugurate development projects. During his address, he expressed his vision to make Maharashtra a global financial powerhouse and Mumbai the leading fintech capital.
Trainee IAS Officer Faces Encroachment Notice
Puja Khedkar, a trainee IAS officer, has been facing scrutiny over allegations of misuse of power and manipulating benefits under the physical disabilities category and OBC quota. As part of the investigation, the Pune Municipal Corporation (PMC) has issued a notice of illegal encroachment at her residence.
