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12.12 / 03:35
markets UPS Strategy Trade Experts reports recommendations Grasim Industries shares in focus as board approve raising up to Rs 2,000 crore via NCDs
Grasim Industries shares will remain in focus on Thursday after the company approved the issuance of non-convertible debentures worth up to Rs 2,000 crore in one or more tranches, according to an exchange filing. The flagship company of the Aditya Birla Group will issue the NCDs on a private placement basis. The decision was made by the firm's finance committee of the board of directors in a meeting on Wednesday, it said.
12.12 / 03:35
Platform Action Software ByteDance TikTok 2020 Courts US asks court to reject TikTok's bid to stave off law that could ban the app
TikTok and ByteDance on Monday filed the emergency motion with the U.S. Court of Appeals for the District of Columbia pending a review by the US Supreme Court. They warned that without court action the law will «shut down TikTok — one of the nation's most popular speech platforms — for its more than 170 million domestic monthly users.» The Justice Department said the court should not delay the law's effective date arguing «continued Chinese control of the TikTok application poses a continuing threat to national security.»
12.12 / 03:35
markets UPS Target security Analysis Trade Experts Buy UTI AMC., target price Rs 1,600: Motilal Oswal Financial Services
buy call on UTI Asset Management Company with a target price of Rs 1,600. The current market price of UTI Asset Management Company is Rs 1366. UTI AMC., incorporated in 2002, is a Small Cap company with a market cap of Rs 17470.73 crore, operating in Financial Services sector. UTI Asset Management Company Ltd. key products/revenue segments include Sale of services, Income From Sale Of Share & Securities, Interest and Rental Income for the year ending 31-Mar-2024.
12.12 / 03:35
markets Manufacturing Analysis Research Trade Experts information Godawari Power shares in focus on signing a 7-year contract with GAIL
RLNG gas supply agreement with GAIL for 7 years. “We would like inform you Our Company has entered into an agreement with GAIL (India) Limited (GAIL) and exchanged the document at Raipur on 10.12.2024 for supply of RLNG Gas for Company's upcoming pellet plant in the ordinary course of business for a period of 7 years,” said the company in a filing to the exchanges.
12.12 / 03:35
markets Digital Software President Experts PAM country "Meeting Adani is not sin": Tamil Nadu BJP chief Annamalai slams DMK and Congress
Tamil Nadu BJP President K Annamalai on Wednesday defended meeting industrialist Gautam Adani, calling it «not a sin» and accusing Congress and DMK of misleading the public with their protests over Adani's ties to the party. «He is a businessman in our country. Every single state government wants to roll a red carpet for inviting big industrialists to their global investor summit. It is the Congress and DMK MPs that started this bogus protest outside the Parliament saying that 'Adani-BJP Ek Hai.' Since CM (MK Stalin) said he has not met Adani, we are making a charge against him. Don't hoodwink Tamil Nadu people… You should acknowledge that Adhas done business in Tamil Nadu,» Annamalai said. Meanwhile, Congress on Tuesday denied BJP's allegations of links to billionaire George Soros. Congress spokesperson Supriya Shrinate called the claims «baseless» and said they were a diversion from the Adani controversy.
12.12 / 03:35
markets Digital Software Experts Justice PAM Courts Supreme Court to hear pleas challenging Places of Worship Act-1991 today
Supreme Court is set to hear a series of Public Interest Litigations (PILs) today, challenging the validity of specific sections of the Places of Worship (Special Provisions) Act, 1991. This law prohibits filing lawsuits to reclaim or alter the character of places of worship as they stood on August 15, 1947. The matter will be taken up by a three-judge bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan.
12.12 / 03:15
markets Citi security Death Experts War Israeli airstrikes in Gaza hit Palestinians tasked with securing aid trucks
Medics said at least 30 people were wounded and with several in critical condition, they feared the death toll may rise in the first strike in the western area of Rafah City, in the south of the enclave. In the nearby city of Khan Younis, another group of men tasked with security for aid shipments was hit by a separate Israeli airstrike that wounded several of them, medics said.
12.12 / 03:15
markets Citi IPO Strategy Food Trade Experts Domestic startup Rebel Foods raises funds ahead of planned IPO
Rebel Foods, a startup that specializes in online-only restaurants, unveiled a $210 million funding round, ahead of an initial public offering the company is seeking to pull off by 2026. Singapore’s Temasek Holdings Pte led the fundraising, while Evolvence, an existing investor, will also participate, the company said in a statement. The Series G round includes the sale of new and existing stock, allowing current shareholders to sell some of their holdings. The Mumbai-based company is now valued at $1.4 billion.
12.12 / 03:15
UPS Waters Software Parke PAM reports Delhi residents, stock up! Water supply to be disrupted in these areas; Check timings and details
Delhi Jal Board (DJB) announced that parts of South Delhi will face water supply disruptions on the morning of December 12 due to maintenance work, as reported by PTI.
12.12 / 03:15
markets COST UPS Research wellness Trade Why IT looks safer & more defensive compared to other segments? Amnish Aggarwal explains
Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says in the IT sector, a lot depends on how the growth momentum pans out. But there are a lot of expectations built into what happens in the developed markets once Trump assumes the chair next month and that is getting reflected. Also the domestic growth scenario looks quite mixed in many sectors. So, IT looks to be safer and more defensive in comparison to some of the segments. If you are looking at the sector-wise breakup today, PSU banks are on the back foot. But having said that, railway stocks are doing quite well, while defence has managed to come back. In fact, other industrials and public sector entities have been doing well. Does that make you believe that perhaps the dip that we saw in the public sector entities, whether defence, whether railways and all of that, is behind us and now the buying would resume? Amnish Aggarwal: One cannot put all the PSUs in one basket per se because when it comes to railways, defence and some of the other industries related to capital goods, engineering, EPC, construction, etc., there were no order flows which came in Q1. In the second quarter it picked up, but now we are in the last four months of the year, and we will see more and more order announcements happening across these segments.
12.12 / 03:15
Man Dreams film students poverty stars reports 'Lucky Bashkar' inspires 4 Vizag students to elope from hostel to try their own luck; netizens are not amused
Lucky Bashkar’ has now inspired four youngsters to try their own luck. In a startling development, four ninth-grade students from a hostel in Visakhapatnam, Andhra Pradesh, have been reported missing after being influenced by the Telugu period crime drama, starring Dulquer Salmaan. The film, which narrates the gripping tale of a man's rise from poverty to wealth, appears to have motivated the children to leave their home in pursuit of similar dreams. The missing boys, identified as Charan Teja, Raghu, Karthik, and Kiran Kumar, were residing in a hostel in the Maharanipet area. Reports suggest that the group was captivated by the protagonist’s journey in the film and decided to replicate it in real life. CCTV footage, now circulating widely on social media, shows the boys scaling the hostel gate and passing their bags over before escaping one by one. According to sources, the children were so enamored by the movie’s plot that they meticulously planned their escape. Before leaving, they reportedly informed their friends that they would not return until they had earned enough money to buy luxury cars, mirroring the film’s storyline.
12.12 / 03:15
markets Digital Experts PAM show voice social Donald Trump picks hardline Republican Kari Lake to lead Voice of America
Donald Trump on Wednesday said he was picking Kari Lake, a former news anchor and a hardline Republican who failed to win an Arizona Senate seat last month, to be the director of U.S. government-funded media outlet Voice of America. Trump, in a post on his Truth Social site, said Lake will «ensure that the American values of Freedom and Liberty are broadcast around the World FAIRLY and ACCURATELY, unlike the lies spread by the Fake News Media.» Lake, a strong Trump supporter who has echoed his false claims about fraud at the 2020 election, also lost the governor's race in swing state Arizona in 2022 and was previously an anchor at Phoenix-based Fox 10.
12.12 / 03:15
markets Digital security Software Experts PAM Investigations J-K: PoK man nabbed near LoC in Poonch, interrogation underway
Pakistan-occupied Kashmir (PoK) was apprehended after he illegally crossed over into the Indian territory along the Line of Control (LoC) in Poonch district of Jammu and Kashmir, officials said on Thursday. «One PoK national Saliiq son of Khalid resident of Bandi Abbaspur deliberately crossed over into Indian Territory. Alert troops of the Indian Army deployed on the Line of Control in the Gulpur sector apprehended the PoK national while he was illegally crossing into Indian Territory,» the Poonch Police said. Further investigation is underway and more details are awaited.
12.12 / 03:15
markets Action security NVIDIA Experts PAM Courts US Supreme Court tosses case involving securities fraud suit against Nvidia
The justices, who heard arguments on November 13 after earlier deciding to take up the case, dismissed Nvidia's appeal of a lower court's ruling that allowed a 2018 class action — litigation led by the Stockholm, Sweden-based investment management firm E. Ohman J:or Fonder AB — to move forward. The Supreme Court opted not resolve the underlying legal dispute, determining that the case should not have been granted. Its action leaves the lower court's decision in place.
12.12 / 03:15
COST Software Death Justice PAM social Courts Bengaluru techie's suicide case spurs Supreme Court to outline alimony guidelines; Here's what it said
alimony in divorce cases. In a landmark decision, a bench of Justices Vikram Nath and Prasanna V. Varale laid down eight criteria to serve as a reference point. The court highlighted that the framework should ensure fairness, stating, “It is necessary to ensure that the amount of permanent alimony should not penalise the husband but should aim at ensuring a decent standard of living for the wife.”
12.12 / 03:15
markets UPS Digital Extreme Strategy Trade Bitcoin US bankers cautious on crypto despite expected regulatory easing
Trump courted crypto campaign dollars with promises to be a «crypto president» and end the Biden administration's crackdown on the sector, but banks are nevertheless unlikely to rush head-first into the volatile asset, bankers said.
12.12 / 02:43
markets COST UPS economy Food Pride U.S. inflation ticks higher ahead of Fed’s interest rate decision
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
12.12 / 02:25
COST UPS Platform Racing Trade Vroom time: Expect Big QCom to rev up India’s retail revolution
Subscribe to enjoy similar stories. Amazon is entering India’s quick commerce (QCom) race, close on the heels of pilots from Flipkart and Reliance. Tata’s Big Basket has morphed into a QCom platform.
12.12 / 02:07
Citizens security Software President War reports Israel, Palestinians explore Gaza truce with US envoy on Mideast shuttle mission
Israel Defence Minister Israel Katz told his U.S. counterpart Lloyd Austin in a phone call on Wednesday there was now a chance for a new deal that would allow the return of all the hostages, including U.S. citizens, Katz's office said. A Western diplomat in the region, however, said a deal was taking shape, but it would likely be limited in scope, involving the release of only a handful of hostages and a short pause in hostilities.
12.12 / 02:07
markets DOW Bill Trade show reports Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point milestone for the first time, after a U.S. inflation report boosted expectations of a Federal Reserve interest rate cut. The Dow Jones Industrial Average dipped, dragged by health insurers as U.S. lawmakers introduced a bill seen as crimping their profits.
12.12 / 02:07
markets UPS CME Trade show Gold rises for fifth day as US data lifts Fed rate-cut bets
U.S. inflation data came in line with forecast.

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