PM Modi, and Sports minister Thakur congratulate Avani Lekhara

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PM Modi, and Sports minister Thakur congratulate Avani Lekhara

Avani Lekhara’s extraordinary show in France earned accolades from all corners including Prime Minister Narendra Modi.

Lekhara has secured a Paris 2024 Paralympics quota for the country in her very first international event since the Tokyo 2020 Games. She broke her own world record with an impressive 250.6 score for the R2- Women’s 10m Air Rifle Standing SH1 Gold.

“Congratulations @AvaniLekhara for this historic accomplishment. May you keep scaling new heights of success and inspiring others. My best wishes,” Narendra Modi tweeted.

Sports minister Anurag Thakur added: “WORLD RECORD! @AvaniLekhara has shot into the record books! Absolutely THRILLED!”

 

NASA to launch 3 research rockets from a private Australian spaceport

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NASA to launch 3 research rockets from a private Australian spaceport

US space agency NASA is set to launch three rockets into space from a private spaceport in Australia for scientific research.

The rockets will be launched between June 26 and July 12 from the Arnhem Space Centre, which is owned and run by Equatorial Launch Australia, the Guardian reported.

This is going to be the first time that NASA is launching rockets from a commercial facility outside the US and the first NASA rocket launched from Australia since 1995.

The mission aims to investigate heliophysics, astrophysics, and planetary science phenomena only observable from the southern hemisphere, the report said.

Australian Prime Minister Anthony Albanese arrived in Darwin after a two-day visit to Indonesia on Wednesday night and will make the space announcement with the NT Chief Minister, Natasha Fyles, on Thursday before returning to Sydney.

“We can trace Australia’s celebrated connection to the space industry back to the 1950s and as a nation, we have to build on that legacy,” Albanese was quoted as saying.

“This project will bring together the global and local industry to take Australia’s space sector into a new era,” he added.

According to NASA’s Heliophysics Division director Nicky Fox, the launches more than 300 kilometers into space would “allow us to explore how a star’s light can influence a planet’s habitability among other things.”

“This commercial launch range in Australia opens up new access to the Southern Hemisphere’s night sky, expanding the possibilities for future science missions,” NASA associate administrator for the Science Mission Directorate Thomas Zurbuchen said in a statement.

Taapsee hails cricket star Mithali Raj on her retirement: ‘You changed the game’

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Taapsee hails cricket star Mithali Raj on her retirement: ‘You changed the game’

As veteran India batter Mithali Raj announced her retirement from cricket, actress Taapsee Pannu, who is all set to play the renowned cricketer in the upcoming film ‘Shabaash Mithu’, has penned a heartwarming note.

Taapsee took to Twitter, where she shared a black and white picture with Raj and wrote: “-Youngest ODI captain for an Indian cricket team. -The only Indian cricketer to captain the team in 4 world cups and reach finals twice! -Youngest cricketer to score 200 in a Test match. -Highest scoring Indian cricketer in debut international match.”

In another post, the actress added: “-The only Indian cricketer to score 7 consecutive 50s in ODI. -23 years from hustle to glory. Some personalities and their achievements are genders agnostic. You changed the game, now it’s our turn to change the perspective! Etched in history OUR CAPTAIN forever @M_Raj03.”

‘Shabash Mithu’ is set to land in theatres on July 15. The film, directed by Srijit Mukherji and written by Priya Aven, is based on the life of Mithali Dorai Raj, the celebrated skipper of the Indian women’s cricket team.

In a career spanning 23 years, Mithali boasts of 7 consecutive 50s in ODIs and has led India in 4 World Cups. The story tracks her journey from being an 8-year-old girl with a dream to become a cricketing legend.

Hrithik Roshan, Dulquer Salmaan, Keerthy Suresh laud trailer of ‘Suzhal’

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Hrithik Roshan, Dulquer Salmaan, Keerthy Suresh laud trailer of ‘Suzhal’

Creating a storm and captivating attention, the trailer of directors Bramma and Anucharan’s ‘Suzhal – The Vortex’, has not just the audience but also the industry gushing over it.

Prime Video’s first long-form, scripted original Tamil series, which is set to stream in over 30 Indian and foreign languages has become the talk of the town since its announcement at IIFA last week.

After the splash in Abu Dhabi with Abhishek Bachchan presenting it to the world, the trailer of ‘Suzhal – The Vortex’ is now being lauded by celebrities and superstars of Indian cinema.

From Hrithik Roshan to Dulquer Salmaan to Keerthy Suresh, the trailer has mesmerized everyone.

Hrithik Roshan took to Twitter to share his thoughts on the trailer. He said, “Mind blown! That, my friends, is Pushkar Gayatri empowered by Prime Video to take stories that they believe in, to audiences far & wide! Make way for Amazon’s first-ever Tamil original ‘Suzhal – the Vortex’. To be premiered on June 17!”

Keerthy Suresh said, “This amazing trailer had chills run down my spine! I really cannot wait to watch this one! Best of luck!”

Malayalam actor Dulquer Salmaan too spoke highly of the trailer. He tweeted, “WOW, what a trailer! Literally had goosebumps just watching it! Wonder what lies ahead. Cannot wait for this!”

The trailer caught the attention of actress Shraddha Srinath as well. She tweeted, “‘SuzhalTheVortex’ – outstanding trailer. Very gritty, very intriguing. Magnetic visuals. Please tell me they find Nila? Taking Indian content global! We expect nothing less from you, Pushkar and Gayatri. Excellent stuff. My best wishes to the team.”

The creative brainchild of ‘Vikram Vedha’ fame maverick duo Pushkar and Gayatri, the investigative drama series stars Kathir, Aishwarya Rajesh, Sriya Reddy along with Radhakrishnan Parthiban in pivotal roles.

Premiering globally in over 30 languages including Hindi, Kannada, Malayalam, Telugu, English, French, German, Italian, Japanese, Polish, Portuguese, Spanish, Arabic, and Turkish, ‘Suzhal – The Vortex’ will stream on the platform from June 17.

 

‘Vikram’ success: Kamal gifts Suriya his own Rolex watch

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‘Vikram’ success: Kamal gifts Suriya his own Rolex watch

After having gifted director Lokesh Kanakaraj a car and all his assistant directors a motorbike each, superstar Kamal Haasan has now gifted his own Rolex watch to actor Suriya for his power-packed performance in the just-released action thriller ‘Vikram’.

Suriya, who appears at the fag end of the film, interestingly plays a character called ‘Rolex’ in the film.

Director Lokesh Kanakaraj and Kamal Haasan, who are delighted with the overwhelming response to their film which is smashing box office records, called on Suriya at his residence to thank him for his contribution to the film.

Suriya went on to post pictures of the gift presented by Kamal Haasan on Twitter and tweeted, “A moment like this makes life beautiful! Thank you Anna for your Rolex!”

Raaj Kamal Films International, actor Kamal Haasan’s production house which produced the film, also tweeted pictures of the meeting between Kamal Haasan and Suriya at the latter’s residence.

BTS album ‘Proof’ set as 48-title anthology

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BTS album ‘Proof’ set as 48-title anthology

K-pop superband BTS has confirmed that its latest album ‘Proof’ will stretch across three CDs and consist of 48 tracks.

It will drop on Friday, reports Variety’.

The album and the composition of the disks are intended to represent the past, present, and future of the nine-year-old band, agency Big Hit Music said.

Within the mix are three new songs: ‘Yet To Come’, ‘Run BTS’ and ‘For Youth’.

It is BTS’s first physical album since last year’s CD single ‘Butter’ and ‘Permission to Dance’ and was teased in April with the tagline ‘We are Bulletproof’.

According to ‘Variety’, the Yonhap news agency reports that the three CDs break down as follows: the first, with 19 tracks, is largely an assembly of hits, including ‘Danger’, ‘Fire’, ‘DNA’, ‘Boy With Luv’ featuring Halsey, ‘Spring Day’, ‘Fake Love’, ‘Dynamite’ and ‘Butter’; the second consists of subunit tracks; the final disc is dedicated to Army, the group’s activist fans and will include the three new tracks and songs and demo versions of some of the band’s past hits.

The band has so far revealed relatively few promotional events and is not planning a press conference for the album release. It will introduce its new songs Monday via YouTube channel Bangtan TV and pre-record a segment for Mnet’s program ‘M Countdown’ at the Jangchung Arena in Seoul.

The show will air on June 16.

A 35-second teaser for ‘Yet to Come’, subtitled ‘The Most Beautiful Moment’ is already available on the Big Hit website and the band’s social media platforms.

Separately, the group announced the #MyBTStory challenge in partnership with YouTube, starting on Friday and running through July 9, exclusively on YouTube Shorts.

“As BTS celebrates the ninth anniversary of its debut and is about to open a new chapter in their 10th year as artists, ‘Proof’ was designed to look back on the group’s past activities and ruminate on their meaning,” the group’s agency Big Hit Music said in a statement.

The seven-member BTS has become one of the most successful pop acts of all time and represents a breakout for Korean music into the international scene. It has won six American Music Awards, 12 Billboard Music Awards, and two Grammy nominations. The members have fronted a UNICEF anti-violence campaign, addressed the United Nations General Assembly, and recently met with US President Joe Biden.

Over the course of their career, BTS has amassed over 66 million subscribers on their official YouTube channel, making them the third most-subscribed to the artist on the platform, and have earned six music videos in the platform’s Billion Views Club to date.

The video for ‘Butter’ amassed 108.2 million views in its first 24 hours and saw over 3.9 million peak concurrent views during its premiere.

Over the last 12 months alone, the band has earned over 14 billion views globally on the platform.

 

Saiyami Kher takes part in Juhu Beach clean-up

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Saiyami Kher takes part in Juhu Beach clean-up

Actress Saiyami Kher joined hands with environmental activist Afroz Shah for a beach clean-up activity called ‘Run For The Oceans’.

The actress took part in an early morning beach clean-up drive at Juhu Beach in Mumbai which was supported by Afroz and several volunteers who joined hands together for this important cause.

Saiyami said, “Mumbai has a rich coastline which is a jewel of the city. We as the citizens who make up this city need to do our part to keep the beaches clean not only for its recreational purposes but also for the fact that it’s the seas and oceans that are impacted largely by our ignorance when we don’t keep our beaches clean.”

“Plastic, rubbish and more such harmful things are often disposed off affecting the cleanliness and overall health of the ocean and the marine life. I wanted to do my very small effort by joining this amazing cause with Afroz to contribute a small effort that can go a long way”.

On the work front, Saiyami will be seen in Ashwiny Iyer Tiwary’s web series ‘Faadu’. It is a love story that also features Pavail Gulati and Abhilash Thapliyal.

Apart from this, Saiyami Kher is a part of Tahira Kashyap’s upcoming film ‘Sharmaji Ki Beti’ and R. Balki’s ‘Ghoomer’. She will also be seen in the new season of ‘Breathe: Into The Shadows’ and ‘Highway’, a south film co-starring Anand Deverakonda.

 

Vijay Deverakonda showers praise on ‘Major’, a film with ‘passion, love, sincerity’

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Vijay Deverakonda showers praise on ‘Major’, a film with ‘passion, love, sincerity’

Actor Vijay Deverakonda has showered praise on director Sashi Kiran Tikka’s ‘Major’, calling it a film that is “filled with passion, love, and sincerity”.

The Telugu star seems to be thoroughly impressed with the film, which is based on the life of Major Sandeep Unnikrishnan, the hero who laid down his life in the line of duty during the 26/11 attacks in Mumbai.

Taking to Twitter, Vijay Deverakonda said, “‘Major The Film’ — a film filled with passion, love & sincerity. A man to look upto. A man we can all learn from. A true Idol.

“Definitely watch this one know about our hero. Congratulations to the entire team! And my warmest respect and love to the parents of Major Sandeep!”

Already, several top Telugu stars have praised the film for its content. Allu Arjun had tweeted, “Big congratulations to the entire team of ‘Major The Film’. A very heart-touching film. The man of the show Adivi Sesh does his magic once again. Impactful support by Prakash Raj ji, Revathi, Saiee Manjrekar, Sobhita Dhulipala & all artistes. Mindblowing BSM by Sricharan Pakala.”

Actor Rana Daggubatti too had tweeted about the film, saying it was “very well done.”

Major Round Table With SSMB

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Major Round Table With SSMB

Major Round Table With SSMB

 

 

‘Osaarilaa Raa’ Lyrical song from ‘Oka Padhakam Prakaram’ released by RAM POTHINENI

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‘Osaarilaa Raa’ Lyrical song from ‘Oka Padhakam Prakaram’ released by RAM POTHINENI

‘Osaarilaa Raa’ Lyrical song from ‘Oka Padhakam Prakaram’ released by RAM POTHINENI

 

 

Ante Sundaraniki Team Funny Interaction with Bithiri Sathi

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Ante Sundaraniki Team Funny Interaction with Bithiri Sathi

Ante Sundaraniki Team Funny Interaction with Bithiri Sathi

 

GODSE trailer release by VARUN TEJ Tomorrow at 10 AM

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GODSE trailer release by VARUN TEJ Tomorrow at 10 AM

Godse is an upcoming Indian Telugu-language action thriller film written and directed by Gopiganesh Pattabhi and produced by C. Kalyan under the banner of CK Screens. The film stars Satyadev Kancharana and Aishwarya Lekshmi.

The makers of the movie have announced that the trailer of the movie will be released by VARUN TEJ Tomorrow @10 AM . Godse is scheduled to be released theatrically on 17 June 2022.

After gifting the car to the director, Kamal now gifts bikes to assistant directors of ‘Vikram’

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After gifting the car to the director, Kamal now gifts bikes to assistant directors of ‘Vikram’

Actor Kamal Haasan, who gifted a Lexus car to Lokesh Kanakaraj, the director of his just-released action entertainer ‘Vikram’, has now gifted bikes to all the assistant directors of the film.

The actor, who is overwhelmed by the phenomenal response to the film which has set cash registers ringing all over the world, has gifted an Apache RTR 160 bike to each of the film’s 13 assistant directors.

Industry insiders claim that the film, which continues to do brisk business across the globe, has crossed the $2 million gross mark in the US, something very rare for a Tamil film.

In the United Arab Emirates, ‘Vikram’ has taken the second-biggest opening for an Indian movie in 2022 after ‘KGF 2’.

Meanwhile, congratulatory messages continue to pour in for the film’s crew.

Actor Sivakarthikeyan was the latest to congratulate the film’s cast and crew.

Calling ‘Vikram’ a total blast, the actor showered praises on actor Kamal Haasan for his swag and on director Lokesh for the manner in which he had made the film. He also went on to congratulate the other members of the team on Twitter.

Over 70% of scenes from Nayanthara-starrer ‘O2’ will be inside a bus

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Over 70% of scenes from Nayanthara-starrer ‘O2’ will be inside a bus

Over 70 percent of the scenes in director Vignesh G S’ much-awaited upcoming thriller ‘O2’ featuring actress Nayanthara in the lead, takes place inside a bus.

The film, which is scheduled to have its worldwide premiere on June 17 on the OTT platform Disney+Hotstar, has raised expectations ever since its trailer was released.

The trailer gives away the fact that the film has several heart-pounding moments that are likely to give audiences an adrenaline rush.

A mother with her eight-year-old son gets stuck inside a bus after it suffers an accident. The kid, battling a chronic lung disorder, cannot survive without the aid of an oxygen cylinder. A cop, trapped inside the bus, also looks to get his hands on the oxygen cylinder to survive. How the mother deals with the situation and saves her son forms the crux of this story.

The story is set against the backdrops of hill regions that connect Tamil Nadu and Kerala.

Nayanthara plays the role of a mother named ‘Parvathy’, and Rithvik plays the eight-year-old son. Others in the star cast include Leena, late actor RNR Manohar, Aadukalam Murugadoss and Jaffer Idukki among others.

Sources say that Vignesh GS, a former assistant director to filmmaker Venkat Prabhu, wanted ’02’ to be his debut movie. They also reveal that as soon as Nayanthara heard the complete narration, she was impressed and instantly allotted dates for this movie. Besides, Dream Warrior Pictures decided to produce this movie only after listening to the complete narration as the producers felt it had a fresh and unique story premise.

Sources say 70 percent of the scenes in this movie will be completely inside the bus. Art director Sathees Kumar gave a realistic touch to each and every element that ensured to enhance the drama of this movie. This indeed helped the shooting to be completed on time as planned. The film, they claim, will enhance the stature of Tamil cinema in the context of top-notch technical works.

‘Stranger Things 4’ is Netflix’s no. 3 most popular TV season among Eng-lang titles

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‘Stranger Things 4’ is Netflix’s no. 3 most popular TV season among Eng-lang titles

The debut of the first seven episodes of ‘Stranger Things Season 4’ marked Netflix’s biggest premiere weekend ever, drawing in 287 million hours viewed in just three days.

According to ‘Variety’, now, after the season’s first full week of availability, its success continued and broke another, and bigger, record: It’s Netflix’s third most popular English-language TV season ever.

Netflix calculates that list based on viewership during a title’s first 28 days of availability, meaning the ‘Stranger Things’ Season 4 still has 18 days to move even higher up the chart, reports Variety’.

According to the streamer’s newly released weekly Top 10 rankings, ‘Stranger Things’ Season 4, Volume 1 has also smashed the record for the most-viewed show in a week among Netflix’s English-language TV series, with 335 million hours watched from May 30 to June 5.

That title was previously held by the second season of ‘Bridgerton’, which racked up 251.74 million hours viewed for the week of March 28 to April 3 – its first full week on the streaming service.

South Korean drama ‘Squid Game’ still holds the overall record for the most-viewed show on Netflix across a seven-day period, among both English-language and non-English-language titles, with 571.76 million hours viewed in one week.

With those impressive stats, ‘Stranger Things 4′ easily retained its No. 1 position on Netflix’s Top 10 list for English-language TV series during the May 30-June 5 viewing window.

Season 1 of the Duffer brothers’ science fiction series reappeared in the Top 10 the week before Season 4 premiered, and last week, the second and third seasons made the chart as well.

According to ‘Variety’, that trend continued this week: Season 1 led the pack, coming in second place after being viewed for 75.1 hours between May 30 and June 6. Season 2 followed in the No. 3 position with 58.3 million hours viewed, with Season 3 as No. 4 with 47.4 million hours. All in all, ‘Stranger Things’ was viewed for a collective 515.8 million hours during this viewing period.

The continued relevance of the series is undeniable. Nielsen reported on Monday that the combined viewing of all four seasons made ‘Stranger Things’ the third series ever to pull in over 5 billion minutes viewed in one week, and that statistic doesn’t account for viewing on mobile devices or in other countries.

The last two episodes of ‘Stranger Things’ Season 4 will premiere on July 1.

ln, the No. 5 position on the Top 10 English-language TV series list for May 30 to June 5 with 42.5 million hours viewed as ‘The Lincoln Lawyer, and Season 4 of ‘All American’ came in sixth place with 30.6 million hours.

Elsewhere on the chart were ‘Ozark’ Season 4 (16.8 million), ‘The Boss Baby: Back in the Crib’ (10.5 million hours), ‘Bridgerton’ Season 2 (10 million hours), and ‘The Blacklist’ Season 8 (8.7 million hours).

Samyuktha: ‘777 Charlie’ made me relive many moments I’ve had with my dogs

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Samyuktha: ‘777 Charlie’ made me relive many moments I’ve had with my dogs

Actress Samyuktha Hegde, who recently watched actor Rakshit Shetty’s upcoming film, ‘777 Charlie’, has heaped praises on both the film and its cast and crew.

Taking to Instagram to wish the actor a belated birthday, the actress said, “Happy belated birthday to you. Watching ‘777 Charlie’ yesterday made me relive so many of the moments I’ve had with my dogs over the years. It was such an apt movie with the best kinda execution. You captured all the emotions so well.

“You are a freaking star, for doing a whole movie with Charlie. I’m sure it must have been tough considering everything I saw on screen but you have outdone yourself. So freaking real.

“The cast, the crew everyone outperformed themselves to deliver an emotional flick like one we haven’t seen before. It plays all the strings of your heart and shows how a dog can make your life so much better.

“This movie is a must-watch, especially for people who DON’T have dogs. PS: Kannada movies taking over the whole country!”

The film, which has been directed by Kiranraj K, features Rakshit Shetty and Sangeetha Sringeri in the lead. It is to hit screens on June 10 this year.

India records nearly 41% jump in new Covid cases

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India records nearly 41% jump in new Covid cases

India reported a nearly 41 percent spike in new Covid-19 cases in a span of 24 hours.

A total of 5,233 fresh cases were recorded in a span of 24 hours as against 3,714 reported on the previous day, the Union Health Ministry said on Wednesday morning.

In the same period, the country has reported 7 Covid deaths, taking the nationwide death toll to 5,24,715.

Meanwhile, the active caseload of the country has also risen to 28,857 cases, accounting for 0.07 percent of the country’s total positive cases.

The recovery of 3,345 patients in the last 24 hours took the cumulative tally to 4,26,36,710. Consequently, India’s recovery rate stands at 98.72 percent.

Meanwhile, India’s daily positivity rate has gone up to 1.67 percent, while the weekly positivity rate currently stands at 1.12 percent.

Also in the same period, a total of 3,13,361 tests were conducted across the country, increasing the overall tally to over 85.35 crores.

As of Wednesday morning, India’s Covid-19 vaccination coverage exceeded 194.43 crores achieved via 2,48,41,726 sessions.

Over 3.46 crore adolescents have been administered with a first dose of Covid-19 jab since the beginning of the vaccination drive for this age bracket.

 

1st T20I: Hazlewood, Warner, and Finch lead Australia to a convincing 10-wicket win over Sri Lanka

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1st T20I: Hazlewood, Warner, and Finch lead Australia to a convincing 10-wicket win over Sri Lanka

A sensational bowling effort by Josh Hazlewood (4/16) followed by a dominating batting performance by David Warner (70 not out off 44) and Aaron Finch (61 not out off 40) led Australia to a convincing 10-wicket win over Sri Lanka in the first ODI of the three-match series at R Premadasa Stadium, here on Tuesday.

Apart from Hazlewood, Mitchell Starc (3/26) also picked crucial wickets as Australia bowled out Sri Lanka for 128-10 in 19.3 overs.

With such a low total to defend, Sri Lanka didn’t have many options but to attack with spin upfront. So, Maheesh Theekshana opened the bowling and Wanindu Hasaranga bowled the fifth over, only for the latter to concede 19 runs in what was the most expensive over in the match.

David Warner raced to a 32-ball fifty as Aaron Finch played second fiddle, bringing up his fifty off 37 balls much later in the rain-punctuated game. Australia brought up their 100 in the 12th over and was able to overhaul the under-par target in 14 overs with 10 wickets in hand.

Earlier, put into bat first, Sri Lanka was off to a solid opening partnership as they scored 59 for 0 in the Powerplay. Pathum Nissanka (36) was the first to be dismissed, ending his 61-run stand with Charith Asalanka but it didn’t affect Sri Lanka’s innings much as the hosts got to 100 for 1 in the 12th over.

But, Hazlewood returned in the 14th over and produced Sri Lanka’s downfall. The pacer struck with his first ball, getting Kusal Mendis caught at cover. A couple of balls later, Bhanuka Rajapaksa edged one to the keeper while Hazlewood’s third was the big fish Shanaka, who was trapped right in front.

It wasn’t just Hazlewood, Sri Lanka also had two batters in Charith Asalanka (38 run out) and Chamika Karunaratne run out to push themselves deeper into the hole. Both runouts happened in the space of four balls which brought chaos for Sri Lanka in the middle overs.

Starc then came back on and helped wrap things up with a couple of wickets in the 19th over. The hosts in effect never really recovered from that over by Hazlewood and were bowled out with three balls left in the innings.

Brief Scores: Sri Lanka 128 all out in 19.3 overs (Asalanka 38; Hazlewood 4-16, Starc 3-26) lost to Australia 134/0 in 14 overs (Warner 70 not out, Finch 61 not out) by 10 wickets

Investors lose Rs 1.2 lakh cr as LIC shares tumble 20% below the issue price

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Investors lose Rs 1.2 lakh cr as LIC shares tumble 20% below the issue price

Those investors who had put their money in the initial public offerings of Life Insurance Corporation of India had experienced a heavy depreciation in their portfolio, as the shares of the insurance major have been tumbling ever since its exchange listing.

The government had offloaded 3.5 percent of its stake through the IPO route. The IPO valued LIC at Rs 6 lakh crore.

At the time of writing this report, the company’s market capitalization was at around Rs 4.8 lakh crore, which essentially means the investors have lost worth Rs 1.2 lakh crore recently.

The shares of the much-awaited LIC made a weak listing on the stock exchanges on May 17. It is listed on the stock exchanges at a discount of 8.62 percent at Rs 867, from its IPO issue price of Rs 949.

Now the share price is at its all-time low of Rs 756, which is a decline of little over 20 percent from its issue price.

Notably, the IPO of the company had, however, received a robust response from investors as the insurance major’s offer has been subscribed 2.89 times.

It received bids for 46.77 crore equity shares against the IPO size of 16.2 crore equity shares.

To attract a large number of investors, the policyholders were offered a Rs 60 discount, while for retail investors, the discount was Rs 45.

Coming to earnings, the state-run insurance company reported its consolidated net profit of Rs 2,409 crore during Q4FY22, down 17 percent year-on-year from the same quarter of the previous fiscal.

The insurance company’s consolidated income from net premium income during the quarter rose nearly 18 percent to Rs 1,44,158 lakh crore, the earnings report shared with the exchanges showed.

Notably, these are the first earnings results reported by the company after it went public on the exchanges.

It had also recommended a dividend of Rs 1.50 per equity share for FY22, which is subject to the approval of shareholders in the annual general meeting.

 

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