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CCI approves merger of Viacom-18 and Disney: Passport services closed in the country for 5 days, Nifty fell after making an all-time high of 25,129

Yesterday's big news was related to Zee Entertainment. Competition Commission of India (CCI) has approved the merger of Reliance's subsidiary company Viacom-18 and Disney. Passport services will remain closed for 5 days across the country. Passport Department issued an advisory and informed about this. The department said that the passport service portal will remain closed from 8 pm on August 29 to the morning of September 2 due to technical maintenance. Before tomorrow's big news, today's major events, which will be watched… Now read tomorrow's big news… 1. Reliance's Viacom-18 and Disney will merge: CCI approved the deal of ₹ 70,350 crore, Reliance will invest ₹ 11,500 crore in this venture Competition Commission of India (CCI) has approved the merger of Reliance's subsidiary company Viacom-18 and Disney. CCI has given information about the confirmation of this deal on social media platform X. The Competition Commission of India has written in the post that the proposal related to the merger of Reliance Industries, Viacom-18 Media Private Limited, Digital-18 Media Limited, Star India Limited and Star Television Productions Limited has been approved. This is subject to some voluntary modifications. Click here to read the full news… 2. Passport services closed for 5 days in the country: Passport Seva Portal will be closed from 29 August to 2 September due to technical maintenance. Passport services will be closed for 5 days across the country. The Passport Department issued an advisory and gave this information. The department said that the Passport Seva Portal will be closed from 8 pm on August 29 to the morning of September 2 due to technical maintenance. That is, now you will have to wait for 5 days to get a new passport. On the other hand, if you have already applied for a new passport and for that you have got a date between 30 August and 2 September, then that too will be cancelled and extended. Click here to read the full news… 3. Nifty fell after making an all-time high of 25,129: It closed at 25,052 with a gain of 34 points, IT, pharma and healthcare stocks remained bullish Nifty made a new all-time high of 25,129 on Wednesday (August 28). However, later it fell 77 points from the upper level and closed at 25,052 with a gain of 34 points. At the same time, Sensex also rose by 73 points, it closed at 81,785. Out of 30 Sensex stocks, 19 fell and 11 rose. Out of 50 Nifty stocks, 29 rose and 21 fell. Click here to read the full news… 4. VI paid ₹700 crore dues to Telecom-Department: The company now has a debt of ₹4,650 crore; Preparation to raise ₹25,000 crore fund Debt-ridden telecom company Vodafone Idea has paid about Rs 700 crore to the Department of Telecom (DoT). The company has made this payment as license fees and spectrum dues for April-June. The company's spokesperson informed the media about this. VI said that due to lack of funds, Vodafone-Idea was not able to pay its dues in full for the last 7 to 8 quarters. Click here to read the full news… 5. Nvidia employees are millionaires, but no time to spend: Said – leave is not easily available; this is the world's second most valuable company. Even the employees of America's semiconductor chip manufacturing company Nvidia are millionaires. However, they do not have time to spend money. The reason for this is heavy workload and less leave. An ex-officer of the technology wing claimed that in the company, it was expected to work seven days a week. Only luxury cars of expensive brands like Porsche, Covent, Lamborghini will be seen in the parking of the company's Santa Clara headquarters campus, where earlier there used to be normal model cars. Click here to read the full news… 6. Orient Technologies' share listed at ₹290, up 40.78%: Issue price was ₹206; The company providing IT solutions, Orient Technologies Limited's share was listed at ₹290 on the Bombay Stock Exchange (BSE), up 40.78% from the issue price. On the National Stock Exchange (NSE), the share was listed at ₹288, up 39.81% from the issue price. The issue price of this Initial Public Offering was ₹206. This IPO was open for investors from August 21 to August 23. The IPO was subscribed a total of 154.84 times in three trading days. It was subscribed 68.93 times in the retail category, 188.79 times in qualified institutional buyers (QIB) and 310.03 times in the non-institutional investors (NII) category. Click here to read the full news… 7. Apple will provide 2 lakh jobs in India by March 2025: About 1.40 lakh of these will be women, the company and suppliers gave data to the government iPhone maker Apple will provide 2 lakh direct jobs in India by March next year. 70% of these jobs will be for women. Apple and its suppliers in India have given these figures to the central government. Actually, Apple wants to focus on India by reducing dependence on China in terms of production. Apple's contract manufacturers Foxconn, Wistron (now Tata Electronics) and Pegatron have already given direct jobs to 80,872 people in India. Click here to read the full news… 8. Challa Srinivasulu Setty becomes the new chairman of SBI: Setty has more than 36 years of experience in SBI, 63-year-old Dinesh Khara retires Challa Srinivasulu Setty has become the new chairman of State Bank of India i.e. SBI gave this information in a regulatory filing on Wednesday (28 August). Srinivasulu Setty has been made the new chairman of the bank in place of Dinesh Khara. Dinesh Khara retired on Tuesday after turning 63. 63 years is the upper age limit for the post of chairman of SBI. Click here to read the full news… 9. Maruti EVX production will be presented at India Mobility Show: Midsize electric SUV will run 550km on full charge, compete with Tata Curve EV Maruti Suzuki India Limited will present the production model of its first electric car EVX at the India Mobility Expo 2025 to be held from January 17 next year. The company will start its production in Gujarat plant by the end of this year. The company claims that the car will run up to 550 km on full charge. The price of Maruti EVX electric SUV can start from Rs 20 lakh (ex-showroom). Click here to read the full news… Also see who were the top 10 richest people in the world yesterday… Know the status of yesterday's stock market and gold-silver… Know the latest price of petrol-diesel and gas cylinder…

Graphics Source: VaskarAssets

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