Air India Express cabin crew call off strike: SBI’s profit increases by 24% to ₹ 20,698 crore, second big fall in Sensex in 7 days

Yesterday’s big news was related to Air India Express. Air India Express employees called off the strike at 8 pm on Thursday. The Chief Labor Commissioner said that the airline will take back the 25 dismissed employees. More than 200 crew members of Air India Express suddenly went on leave on the night of 7 May. At the same time, the profit of State Bank of India (SBI) in the fourth quarter (January-March) of the financial year 2023-24 has increased by 23.98% on an annual basis to ₹ 20,698 crore. Apart from this, the second major decline of the month of May was seen in the stock market on Thursday. Sensex fell 1062 points to close at 72,404. Before tomorrow’s big news, today’s major events, which will be kept an eye on… Now read tomorrow’s big news… 1. Cabin crew of Air India Express called off the strike: 25 dismissed employees will be reinstated; On May 7, 200 crew-members had gone on leave. Air India Express employees called off the strike at 8 pm on Thursday. The Chief Labor Commissioner said that the airline will take back the 25 dismissed employees. More than 200 crew members of Air India Express suddenly went on leave on the night of 7 May. He was not coming to work since Wednesday. All these employees had applied for sick leave together and had switched off their mobile phones. Due to this, more than 170 flights were canceled from Tuesday night. Click here to read the full news… 2. SBI’s fourth quarter profit increased by 24% to ₹ 20,698 crore: The bank will give dividend of ₹ 13.70 per share, after the results the shares of State Bank of India (SBI) reached lifetime high. Profit in the fourth quarter (January-March) of the financial year 2023-24 has increased by 23.98% year-on-year to ₹20,698 crore. The public sector bank had reported a net profit of ₹16,695 crore in the same quarter a year ago. The board of SBI has recommended dividend payment of Rs 13.70 per share. Shareholders eligible for dividend will be determined on the basis of their ownership as on May 22, 2024. Dividend payment will be on June 5, 2024. Click here to read full news… 3. Second big fall in Sensex in 7 days, fell by 1062: Market closed at 72,404 points, investors lost Rs 7.6 lakh crore. The stock market saw the second big fall of the month of May on Thursday. Got it. Sensex fell 1062 points to close at 72,404. Earlier on May 3, it had fallen by 1139 points. At the same time, Nifty also fell by 345 points. Nifty closed at 21,957. Out of 30 Sensex stocks, 25 saw a decline and 5 saw a rise. Investors lost Rs 7.6 lakh crore in this market decline. The market cap of companies listed on BSE has fallen below Rs 400 lakh crore to Rs 393.34 lakh crore. The market cap of these companies on Wednesday was Rs 400.97 lakh crore. Click here to read the full news… 4. TCS CEO Kritivasan earned ₹ 25 crore in a year: This amount is less than the company’s COO, NG Subramaniam got ₹ 26.18 crore Tata Group’s Tata Consultancy Services (TCS) Chief Executive Officer (CEO) and Managing Director (MD) K Krittivasan have earned over ₹25 crore in FY 2023-24. The company has given information about this today i.e. on 9th May. Kritivasan took over as the head of the country’s largest IT company in June 2023 after Rajesh Gopinathan was suddenly removed from TCS. His appointment has been made for a period of five years. Click here to read the full news… 5. Fourth Generation Maruti Swift Launch: ₹ 6.49 lakh price, car giving the highest mileage of 25.7 kmpl in India, Hyundai Grand i10 Nios Maruti Suzuki has launched the fourth generation model of its most popular car Swift in India today (May 9). The company claims that the new Swift will get a mileage of 24.8kmpl with MT transmission and 25.7kmpl with automatic transmission (AMT). This is the highest mileage hatchback car in India. The company has kept its starting price at Rs 6.49 lakh (ex-showroom), which goes up to Rs 9.64 lakh. Booking of this car of premium hatchback segment has started recently at a token money of Rs 11,000. The New Gen Swift will have features like wireless charger, multi information screen and for safety, 6 airbags, ESP, hill hold control and three-point seat belts in all variants. Click here to read the full news… Now read the news you need. Don’t worry about the market decline: Investing through SIP can give good returns, keep these 7 things in mind. On May 9, the stock market was 1062 points ( A decline of 1.45%) was observed. The stock market has fallen by about 3.5% in the last 5 trading days. This decline has created an atmosphere of fear among investors. However, the right strategy can help you earn good money this fall. Click here to read the full news… Also see who were the top 10 richest people in the world yesterday… Know the condition of tomorrow’s share market and gold and silver… Petrol-diesel and gas cylinder prices. Know the latest price…

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