Shares of RailTel Corporation rallied 7.6% to an intraday high of Rs 507.45. The surge in stock price came a day after the company received an order worth Rs 52.66 crore from the Uttar Pradesh government. 

“…RailTel Corporation of India Ltd. (“the Company”) has received the work order from Uttar Pradesh Police Recruitment And Promotion Board for Service amounting to Rs. 52,66,30,075 (Excluding Tax),” read an exchange filing. 

Also, in Q1 FY25, RailTel reported a net profit of Rs 49 crore, up 25% on year in comparison to Rs 39 crore it posted in the same period a year ago. 

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The revenue from operations came in at Rs 558 crore in the first quarter of the fisca…

The Nifty PSU Bank index surged up to 4.4% in intra-day trading, extending gains for the second consecutive session. This follows a 2.5% jump on June 5, after confirmation that the BJP-led NDA would form the government at the Centre.

This follows a decline of over 15% on June 4, after the Modi-led NDA experienced a tighter-than-expected election race and failed to secure as many seats as predicted by exit polls.

All PSU Bank constituents experienced gains in intra-day trading today, with Indian Overseas Bank, CBI, Union Bank of India, and Bank of Maharashtra rising over 5% each. Meanwhile, Indian Bank, SBI, Bank of Baroda, Punjab and Sind Bank, and UCO Bank saw gains between 4-5% each.

Fixed Deposit interest rates up to 9% – Compare the latest FD rates of more than 40 banks 1 in 5 under-construction homes stalled across 44 Indian cities in last 8 years: Report Fixed Deposits: Union Bank of India hikes FD rates – Check new rates, tenors Private banks…

By Gaurang Somaiya

Rupee steadily gained against the US dollar following sustained inflows in the debt segment, weakness in the dollar index, India’s inclusion in the Bloomberg bond index all of it has been supportive for the currency. 

Volatility could remain elevated on back the RBI’s sell-buy swap which is maturing today. Expectation is that the central bank could take delivery of the $5billion swap in the wake of adequate dollar inflows and rupee liquidity staying on the tighter side. 

Inflows into the debt market have aided dollar liquidity, with foreigners pouring in over $3 billion into bonds in February. On India’s inclusion in the Bloomberg bond index, the agency said that it will include India Fully Accessible Route (FAR) bond in its EM local Currency government index starting January 2025. 

MSCI Rejig: HDFC Bank likely to see $1.8 billion inflows, Vodafone Idea, RVNL and 6 other stocks likely to be …

Sony has a long history of fantastic exclusive games on its consoles, dating back all the way to the original PlayStation with games like Metal Gear Solid and Final Fantasy VII. That has continued for decades, and looking ahead 2022 and beyond, there are a bunch of exciting exclusive or console-exclusive games coming to PS4 and PS5. Not only that, but there are many, many big-name multiplatform games on the way for Sony’s console in the time ahead. We’re rounding up some of our most-anticipated PlayStation games to look forward to next year and beyond.

Assassin’s Creed Infinity

One of gaming’s most popular and enduring franchises, Assassin’s Creed, is poised to grow in a big way with a new project currently known as Assassin’s Creed Infinity. Described as a “huge game” with some live-service functionality, Infinity–or whatever final name Ubisoft decides to give it–will have all the elements of the series that fans love, according to Ubisoft’s Yves Gu…

Churchill Downs Incorporated (CHDN) recently opened its new state-of-the-art Turfway Park Racing and Gaming facility, formerly Turfway Park, a big moment for the company after years of renovations. The night was an exciting one as visitors were able to see the new gaming venue for the very first time.

The company purchased the racing facility in 2019 and spend $46 million on the acquisition. A total of $148 million was spent overhauling the property to create a more exciting space. Grandstands and buildings were demolished, with a groundbreaking ceremony taking place on March 2021 to begin the new construction.

Creating a Visitor Destination

During the opening day, Florence Mayor Diane Whalen was on hand. She was one of a half dozen people who placed the first bet on historical racing machines. The mayor stated that she has always seen Florence as a retail destination and hopes the new property will provide a nice outlet for visitors as a recreation and destination…

The Cherokee Nation of Oklahoma is reportedly still pursuing a scheme to bring a large casino resort to central Arkansas despite the real prospect that the entire project may be cancelled by means of an upcoming statewide constitutional referendum.

According to a Tuesday report from the local Arkansas Money and Politics news magazine, the federally-recognized tribe has just received planning permission to build its proposed Legends Resort and Casino on 135 acres of land on the northern edge of the small city of Russellville. The source explained that this envisioned Pope County venue is set to include a hotel, a large gaming floor and a conference center as well as a concert hall, an outdoor water park and a recreational vehicle element.

Serious certification:

Although no official details regarding a construction timetable have yet been released, the source also predicted that work will not likely start until the numerous legal challenges in add…