Metro Observer Daily

Mukesh  Ambani   is the founder and chairman of Reliance Industries Limited, India’s most valuable company by market capitalization. He is also one of the richest people in the world, with a net worth of over $90 billion. Mukesh Ambani  Ambani was born in 1957 into a Gujarati Hindu family in Aden, Yemen. His father, Dhirubhai Ambani, was a textile merchant who founded Reliance Industries in 1966. Ambani studied chemical engineering at the University of Mumbai and then earned an MBA from Stanford University. After graduating from Stanford, Ambani joined Reliance Industries in 1981. He played a key role in the company’s diversification from textiles into petrochemicals and refining.   Ambani  also led Reliance’s expansion into new businesses, such as telecommunications and retail. In 2002, after the death of his father, Ambani became the chairman of Reliance Industries. Under his leadership, the company has continued to grow and diversify. Reliance Industries is now one of the largest pr

In a recent interview, Namashi Chakraborty, son of veteran actor Mithun Chakraborty, shared a funny anecdote about his experience with Salman Khan on the sets of a film. The incident involved a lesson learned the hard way about respecting personal space, especially when it comes to Bollywood’s beloved Salman Khan. Salman Khan has always been supportive of Mithun Chakraborty's sons.  Namashi recalled the incident vividly, mentioning that he had just wrapped up shooting for a film when he decided to pay a visit to Salman Khan, who was filming for “Radhe” at the time. Full of respect and admiration, Namashi approached Salman and instinctively bent down to touch his feet, a common gesture of reverence in Indian culture. However, instead of the expected blessing, Namashi received an unexpected response from Salman. With his trademark humor and straightforwardness, Salman promptly told Namashi, “F**k off,” followed by a warm hug. Salman then warned Namashi against such gestures, particul

Oil prices faced a dip on Tuesday, driven by various factors including the anticipation of heightened supply from Russia and cautious trading ahead of the Federal Reserve’s decision on U.S. interest rates. Crude oil prices  The Brent crude oil futures contract for May delivery edged down by 15 cents to $86.74 a barrel, while U.S. West Texas Intermediate (WTI) prices saw a decline of 14 cents to $82.02. Additionally, the WTI April contract, set to expire tomorrow, also fell by 15 cents to $82.57. The previous session witnessed both benchmarks reaching four-month highs, propelled by lower crude exports from major producers like Saudi Arabia and Iraq, coupled with signs of robust demand and economic growth in China and the U.S. However, concerns over Russian supply persisted, attributed to increased exports following Ukrainian attacks on the country’s oil infrastructure. Analysts from JP Morgan noted potential reductions in Russian crude runs due to these attacks, which could lead to high

In a move that underscores the importance of human rights in international sports, Cricket Australia (CA) has announced the postponement of the three-match T20 International series against Afghanistan, originally scheduled for August. This decision comes amidst ongoing concerns regarding the deteriorating conditions for women and girls in Afghanistan. Afghanistan and Australia last faced each other during the 2023 ODI World Cup. The postponement follows a pattern of principled stances taken by Cricket Australia in response to human rights issues in Afghanistan. Back in January 2023, CA postponed an ODI series for similar reasons, citing the Taliban’s imposition of restrictions on women and girls’ education and employment. The decision reflects CA’s commitment to advocating for improved conditions for women and girls in Afghanistan. Consultation with the Australian Government has been integral to CA’s decision-making process. Government advice indicates a worsening situation for women a

  Introduction: Following the monumental Ram temple project in Ayodhya, Bihar is set to embark on a significant endeavor: constructing a grand temple dedicated to Sita, the revered goddess, in Sitamarhi district. The decision, approved by the Bihar Cabinet, marks a pivotal moment for religious tourism in the region and is poised to elevate Sitamarhi as a prominent pilgrimage destination. Sitamarhi temple Key Points: Plans are underway to develop a sprawling temple complex spanning 50 acres around an existing temple in Sitamarhi, echoing the grandeur of the Ram temple in Ayodhya. Kameshwar Chaupal, a key proponent of the initiative and trustee of the Ayodhya Temple Trust, emphasizes the cultural and spiritual significance of Sitamarhi as Sita’s birthplace, akin to Ayodhya’s association with Lord Ram. The Bihar government’s decision to acquire additional land complements an earlier initiative to revitalize the area, reflecting a commitment to bolster religious infrastructure and tourism.

  Introduction: In a strategic move, Tata Sons, the holding company of the prestigious Tata group, has announced its intention to sell a portion of its stake in tech giant Tata Consultancy Services Ltd (TCS). The decision to offload 2.34 crore shares, amounting to 0.65% equity of TCS, aims to raise approximately Rs 9,362 crore through block deals. This move, while significant, comes at a slight discount to the current market value, highlighting Tata Sons’ strategic approach to capital management. The 2.34 crore shares represent 0.65 per cent equity of TCS. At a market capitalisation of Rs 14.99 lakh crore, TCS is India’s second most-valued listed company after Reliance Industries. Key Details: The proposed floor price for the sale stands at Rs 4,001 per share, representing a discount of 3.46% to Monday’s closing price on the BSE. Citigroup and JPMorgan are appointed as joint bookrunners for facilitating the share sale process. The sale of shares will not significantly impact Tata Sons’

As the cricketing world gears up for another thrilling season of the Indian Premier League (IPL) in 2024, Mumbai Indians skipper Hardik Pandya shares insights on his new role and the much-anticipated reunion with team India captain, Rohit Sharma. Hardik Pandya (left) has replaced Rohit Sharma as Mumbai Indians captain Following a successful stint with the Gujarat Titans, Hardik returns to his former franchise, Mumbai Indians, where he has now assumed the captaincy mantle from Rohit Sharma. Amidst speculation about potential awkwardness, Hardik reassures fans that their dynamic on and off the field remains intact. In a recent media interaction, Hardik acknowledged the seamless transition, emphasizing Rohit’s pivotal role in shaping the team’s legacy. “There won’t be any confusion. He is still the India captain. What this team has achieved was achieved under his belt. I am just carrying it forward,” Hardik affirmed, echoing sentiments of mutual respect and camaraderie. While confirming s

In a heartbreaking turn of events, Arundhathi Nair, the talented actor known for her roles in films like Saithan and Ottakoru Kamukan, finds herself in a critical condition following a major bike accident. The incident occurred on March 14 while she was traveling on the Chennai Kovalam bypass road with her brother. Arundhathi Nair hospitalised after major bike accident. Reports suggest that Arundhathi and her brother were hit by an unidentified vehicle while returning from an interview with a YouTube channel. The vehicle responsible for the accident fled the scene, leaving the siblings in distress. Arundhathi was rushed to a private hospital in Chennai, where she is currently receiving medical attention. The gravity of the situation was further emphasized by Arathy Nair, Arundhathi’s sister, who took to social media to provide an update on her condition. She revealed that Arundhathi is currently on ventilator support and is fighting for her life at the Ananthapuri Hospital in Trivandru

In a groundbreaking move, Maharashtra gears up for its Lok Sabha elections across five phases, spanning from April 19 to May 20. This unprecedented elongated schedule has sparked a flurry of speculation, with opposition voices suggesting it might tilt the scales in favor of the BJP. Rival parties point out that the BJP and its allies are caught in a bitter seat-sharing tussle here, and it gives them more time now to coordinate when it comes to critical constituencies as well as figure out the best utilisation of their star campaigners.  For the first time in the state’s electoral history, Western Maharashtra and North Maharashtra are slated for the last two phases of polling on May 13 and 20 respectively. Critics argue that this strategic arrangement offers the BJP and its allies ample time to navigate through the complexities of seat-sharing negotiations and rally their resources effectively. Marathwada emerges as a focal point with elections spread across three phases for its 8 seats