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Top / Sat, 11 May 2024 Mint

Top News Today: PM Modi's 'retirement'; Eicher Motors Q4 Results; Rishabh Pant suspended for one match and more

Eicher Motors reported an 18 percent increase in consolidated profit after tax to ₹1,070 crore for the fourth quarter ending March 2024. Union Home Minister Amit Shah responded to the AAP leader's claim that Prime Minister Narendra Modi may "retire" next year. Kejriwal wondered if PM Modi will "retire" next year and if he is seeking votes on behalf of Union Home Minister Amit Shah. Union Home Minister and BJP leader Amit Shah refuted Kejriwal's claims and "clarified" that PM Modi won't be replaced next year. IPL 2024: Delhi Capitals face huge fines, Rishabh Pant suspended for a matchDelhi Capitals captain Rishabh Pant will face a huge fine and suspension from one match for breaching the IPL Code of Conduct and maintaining a slow over-rate during IPL Match 56 against Rajasthan Royals.

Eicher Motors reported an 18 percent increase in consolidated profit after tax to ₹1,070 crore for the fourth quarter ending March 2024. Meanwhile, on the political front, Delhi Chief Minister Arvind Kejriwal reignited the "next PM" debate, a day after being released on interim bail. Union Home Minister Amit Shah responded to the AAP leader's claim that Prime Minister Narendra Modi may "retire" next year.

Here are Top 5 news of the Day:

1. Eicher Motors Q4 Results

Eicher Motors, the commercial vehicle and Royal Enfield motorcycles manufacturer reported a consolidated net profit of ₹1,070.45 crore for the fourth quarter of the Financial Year 2024. It recorded an 18.2 percent rise from ₹905.58 crore in the same quarter last year.

Its total revenue rose 12 per cent to ₹4,256 crore in the January-March quarter of FY24 compared to ₹3,804 crore in the corresponding quarter of 2022-23, Eicher Motors said in a statement.

Read full story here…

2. Arvind Kejriwal's claim on PM Modi's ‘retirement’; Amit Shah reacts

A day after walking out of jail, AAP's national convenor and Delhi CM, Arvind Kejriwal, visited Hanuman Temple and addressed the public on Saturday. He launched attacks on Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP).

Kejriwal wondered if PM Modi will "retire" next year and if he is seeking votes on behalf of Union Home Minister Amit Shah. He also claimed that if the BJP win the 2024 Lok Sabha Elections, it will "replace" Yogi Adityanath as the Uttar Pradesh chief minister.

Union Home Minister and BJP leader Amit Shah refuted Kejriwal's claims and "clarified" that PM Modi won't be replaced next year.

Read full story here…

3. Basant Maheshwari warns traders to step away from F&O till June 4

Eminent investor Basant Maheshwari warned against suffering massive losses in equities and derivates ahead of Lok Sabha elections 2024. He said that retail investors and traders should stay away from futures & options (F&O) markets till the outcome of elections on June 4, 2024.

"The Indian market is extremely volatile right now and the VIX is rising consistently. It is better that traders absolutely do NOT touch call, put options for the next 20-25 days before the election results,'' said the wealth manager in a recent video interview on his YouTube channel.

Read full story here…

4. IPL 2024: Delhi Capitals face huge fines, Rishabh Pant suspended for a match

Delhi Capitals captain Rishabh Pant will face a huge fine and suspension from one match for breaching the IPL Code of Conduct and maintaining a slow over-rate during IPL Match 56 against Rajasthan Royals. This is the third time in IPL 2024 that Delhi Capitals has been fined for the same violation, and this time, BCCI imposed a heavy fine of ₹30 lakh against the skipper.

Read full story here…

5. Rahul Gandhi-PM Modi public debate

Former Congress president Rahul Gandhi accepted the invitation for a public debate with Prime Minister Narendra Modi, saying that it would be a positive initiative for the major parties to present their vision to the country from one platform for a healthy democracy.

Read full story here...

EICHER MOTORS More Information

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