Beyond Financial News

07.08 / 04:09

COST Citi analysts Analysts sceptical about Incitec Pivot fertiliser biz sale

Incitec Pivot might be edging closer to selling off its Australian fertilisers business – with Indonesia’s Pupuk Kaltimunderstood to be the preferred bidder – but Morgan Stanley isn’t so sure it’s going to sail through.

07.08 / 02:41

UPS FIVE CEO HSBC electronic Stocks to Watch: RIL, BoB, ICICI Bank, ICICI Lombard, Britannia, BHEL

Reliance Industries: Reliance Industries Ltd (RIL) has sought the nod of shareholders to appoint Mukesh Ambani as chairman and managing director of the company for another five years till 2029. During this period he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years of age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar, according to a PTI report.

07.08 / 02:27

UPS RIG ANZ Oil extends gains, hovers at four-month highs on OPEC+ cuts

Oil prices extended gains on Monday to touch their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to keep supplies down for another month to tighten global markets further and support prices. Brent crude futures rose 25 cents, or 0.3%, to $86.49 a barrel by 0023 GMT, while U.S. West Texas Intermediate crude was at $83.05 a barrel, up 23 cents, or 0.3%.

07.08 / 00:07

Enterprise ANZ APA stage Power D-Day looms for Alinta’s WA power assets auction

It’s down to the short strokes at the auction for Alinta Energy’s remote power assets in Western Australia.

06.08 / 20:27

UPS Provident Strategy Shiba Inu social Shiba Inu Price Prediction as SHIB Pumps Up 15% in 24 Hours – Are Whales Buying?

The Shiba Inu token is certainly riding high, extending its rally beyond the 0.000010 mark, marking a robust uptrend buoyed by some key influencers.

06.08 / 19:23

UPS Deloitte Pancard Clubs gets three firm offers for ₹5,034-cr debt

Pancard Clubs, with ₹5,034 crore of admitted claims in a bankruptcy resolution, has received three offers from Ashdan Properties, a consortium of Vijay K. Oswal, Shanti Hospitality, and Kantadevi V. Oswal, as well as Chemhub Tradelink.

06.08 / 19:21

COST Platform Strategy Align country AIM Slash PE, VC funds slash their fees, aim for higher carry

MUMBAI : Private equity (PE) and venture capital (VC) funds are slashing the management fees they charge investors to enhance returns, cut investing costs, and attract funds, according to portfolio managers and limited partners. The emergence of multi-fund platforms led several PE and VC firms to move away from the traditional ‘2-20 model’, or 2% management fee and 20% carry, where the fund retains a part of the investment profit upon realization. To be sure, this new trend is seen in firms raising multiple funds with large corpus and smaller ones that are into their subsequent fund cycles.

06.08 / 18:37

Provident Aviat Airlines Strategy country Traffic Egypt Air eyes pie of India transit traffic with direct flights

Mint. “Next step will be codeshare with Indian companies," Moussa said, adding that the airline is getting ready to initiate discussions for a codeshare as part of the strategy going forward. The airline will operate the direct flight between New Delhi and Cairo four times a week in an Airbus A320neo with a two-cabin service.

06.08 / 16:29

UPS Provident FIVE country cover Mind Why India must mind the consumer credit trap

Pros and cons Between March 2014 and March this year, the share of non-agricultural bank loans to industry, services and trade declined by almost 20 percentage points to just under 50%. Over this period, the share of consumer loans rose from 18% to 32%, according to RBI data.

06.08 / 13:41

Provident FIVE Reliance Industries Reliance Industries seeks shareholders approval to appoint Mukesh Ambani as CMD for next 5 years at nil salary

Reliance Industries Ltd (RIL) has sought the nod of shareholders to appoint Mukesh Ambani as chairman and managing director of the company for another five years till 2029. During this period he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar, according to a PTI report.

06.08 / 13:01

UPS Provident FIVE Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary

Reliance Industries Ltd, India's most valuable company, has sought shareholder's approval to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. Ambani, 66, will cross the company law-mandated 70 years age for the chief executive of the company and requires a special resolution by the shareholders for him to be appointed beyond that age bar.

06.08 / 12:23

Provident BTC Target Digital Bitcoin Bitcoin Price Prediction as Daily Trading Volume Drops to $4.5 Billion – What's Going On?

In the ever-fluctuating world of cryptocurrency, the Bitcoin price currently stands at $29,034, experiencing a minor uptick of less than 0.10% over the last 24 hours.

06.08 / 12:15

UPS performer Reliance seeks shareholders' nod to reappoint Mukesh Ambani as CMD; check his salary here

Reliance Industries has sought the approval of the company's shareholders to give Mukesh Ambani another five-year term as chairman and managing director of the company till 2029 — a period during which he has opted to draw nil salary. In its latest annual report, Reliance said Ambani's remuneration for the financial year 2022-23 was «nil».

06.08 / 11:15

UPS Booking Discover love social Sheena alive and out there: Indrani Mukerjea in memoir

Indrani Mukerjea, who spent more than six years in jail on charges of murdering her daughter Sheena Bora, has come with a bare-all memoir in which she claims that the person she is accused of killing is «alive and out there». The Supreme Court had granted Mukerjea bail on May 18 last year, saying her time in prison was too long a term and the trial in the case won't be completed anytime soon. She has throughout denied the murder charge.

06.08 / 10:39

Yellow love band show beautiful Why do people exchange friendship bands? Decoding importance, symbolic meaning and more

Friendship Bands: Why we cherish them Friendship bands hold a special place in our hearts. These simple yet meaningful accessories are more than just pieces of string or metal – they symbolise the strong bonds we share with our friends. But why do we wear them, and what do they truly mean?A gesture of connection When we tie a friendship band around our wrist or offer it to a friend, we're making a gesture of connection.

06.08 / 09:39

Govt likely to hike dearness allowance by 3% to 45%, decision soon

dearness allowance hike works out to be a little over three percentage points. The government does not factor in hiking DA beyond the decimal point.

06.08 / 07:29

Provident Ball Chase awards performer India vs West Indies 2nd T20: When and how to watch; live-streaming details

The India vs West Indies 2nd T20 match will be held on August 6 at the Providence Stadium in Guyana. In an exhilarating T20 International (T20I) series opener, India fell short by just four runs, allowing the Windies to snatch a thrilling victory. Skipper Rovman Powell and Nicholas Pooran were the batting heroes for the Windies, propelling their team to a competitive total of 149/6 in their allotted 20 overs.

06.08 / 06:41

film Instagram Actor star social actress Ileana D' Cruz becomes a mom! 'Barfi' star welcomes first child, a baby boy

Ileana D'Cruz has welcomed her first child, a baby boy, and has named the newborn Koi Phoenix Dolan. Ileana, known for films such as 'Barfi!', 'Rustom' and 'Main Tera Hero', shared the news in a post on Instagram alongside a picture of her baby, born on August 1.

06.08 / 06:35

Twitter Platform Tesla blues elon Elon Musk's X platform will fund ‘unlimited’ legal bills for users: Are you eligible?

Also read: Elon Musk reveals major update on ad revenue sharing: X Premium subscribers will get… In July, twitter rebranded itself with the new name X and a new logo replacing the iconic 17 years old blue bird logo, signalling a shift towards becoming an "everything app" and broadening its focus beyond its previous identity as Twitter. Despite these developments, X's cash flow remains negative due to a 50 percent drop in advertising revenue and a substantial debt burden.

06.08 / 05:37

COST UPS Provident Centre Centre likely to hike dearness allowance by 3 pc to 45 pc

Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry. Talking to PTI, All India Railwaymen Federation General Secretary Shiva Gopal Mishra said, «The CPI-IW for June 2023 was released on July 31, 2023.

05.08 / 18:47

Progressive Simulation stage EA FC Pro 24: See format, schedule and other details

EA Sports introduced a new format and schedule for EA FC Pro 24, an esports tournament for the simulation football franchise. Here's a breakdown of how Pro 24 will operate and the event's timeline.

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