Top Stories On Sept 25: Sensex Soars, MUDA Scam Probe, Wow Momo IPO, Actor Edavela Babu's Arrest, More


(MENAFN- Live Mint) Sensex soared high, Wow Momo declared its plans to go public in two years, Malayalam actor Edavela Babu was arrested in a rape case amid the #MeToo movement in the Kerala film industry, a special court has ordered Lokayukta probe in the MUDA scam in a major setback for Karnataka CM Siddaramaiah – these were some of the many news-worthy events that happened today on September 25. Let's look at some of them in detail.

Nifty 50 ends above 26,000, Sensex settles over 85,000 in ongoing rally

The bulls are showing no signs of backing down. Despite a weak start, they staged a strong comeback in the final hour of trading today. This resurgence has driven both the Nifty 50 and the Sensex to hit new milestones, marking their fifth consecutive session of gains. The Nifty 50 surged by 0.35 percent, reaching a fresh record high of 26,032 points in trade before closing with a gain of 0.25 percent at 26,004 points. This marks the first time the index has closed above the 26,000 level. Click here to read more

Special Court orders Lokayukta probe in MUDA scam

In a significant development, a Special Court in Karnataka has ordered a Lokayukta police investigation into Chief Minister Siddaramaiah concerning the Mysuru Urban Development Authority (MUDA) site allotment controversy. Judge Santhosh Gajanan Bhat issued the ruling on Wednesday, following the High Court's recent affirmation of Governor Thaawar chand Gehlot's sanction for the inquiry. Read here to know what Siddaramaiah said

Malayalam actor Edavela Babu arrested on rape charges

Malayalam actor Edavela Babu was arrested on Wednesday, September 25, amid the #MeToo allegations that have rocked the Kerala film industry ever since the Hema Committee report on working conditions of women was made public. The report exposed disturbing accounts of harassment, exploitation, and the systematic mistreatment of women in the industry. Read here

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