Record News
10.05 / 19:33
10.05 / 19:33
Career
JPMorgan
Forbes
exclusive
reports
Features
JPMorgan turns heads after signing powerhouse $28B team from Merrill
JPMorgan Chase’s wealth management unit has signed on a Merrill Lynch advisor team that managed $28 billion in client assets, potentially marking the largest advisor recruiting move in wealth management history.
10.05 / 18:47
SUN
Action
awards
Trade
Basketball
Betting money for the WNBA is pouring in on Caitlin Clark and the Indiana Fever
Caitlin Clark and the Indiana Fever as the WNBA prepares to open one of the more-anticipated seasons in league history. A Fever championship would have bookmakers sweating. They are the biggest liability at BetMGM Sportsbook, with nearly half the betting tickets on the Fever, who open the season Tuesday at the Connecticut Sun.
10.05 / 17:09
Citi
Booking
Man
Trade
Universities
track
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in New York City, his foundation announced on its website.
10.05 / 16:12
markets
CEO
Exodus
track
2020
reports
Chenchah’s exit marks first senior executive departure under Pallia’s reign
Wipro Ltd’s head of Asia Pacific, the Middle-East, and Africa (APMEA), has resigned, marking the first senior departure since the company appointed Srinivas Pallia as the chief executive officer last month. Anis Chenchah, who was appointed as CEO of Wipro’s APMEA region by former Wipro CEO Thierry Delaporte in April 2022, announced his departure on Thursday, according to a company filing with the stock exchanges. The APMEA region had contributed 11.5% to Wipro’s $10.8 billion revenue in FY24.
10.05 / 16:11
markets
UPS
Target
reports
Sporting
Tata Motors erases domestic debt, targets net-cash goal for JLR in FY25
₹48,000 crore dragged down its passenger vehicle business. The company reported an over three-fold jump in its consolidated net profit to ₹17,407 crore for Q4FY24, from ₹5,408 crore in the same period last fiscal, led by record sales of Range Rover luxury sports utility vehicles (SUVs) by its UK-headquartered subsidiary Jaguar Land Rover across the UK and overseas markets.
10.05 / 15:23
Provident
Election
WhatsApp
Southern
Andhra Pradesh Land Titling Act takes away people's lands, alleges Chandrababu Naidu
TDP supremo N Chandrababu Naidu on Friday vowed to repeal the AP Land Titling Act of the YSRCP government, alleging that Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy would take away people's lands through the law. The opposition leader made the allegation at Undi in West Godavari district during a public meeting. «Be wary of the Andhra Pradesh Land Titling Act as it is yet another tactic employed by Reddy to take away the lands of the people,» he cautioned. The Jagan Mohan Reddy led government passed the Act in 2022 to streamline land records, resolve disputes and provide permanent titles. According to Naidu, instead of giving original documents of the land, the Act will mandate producing only a photocopy of the transaction, alleging that the lands will go under the latter's control. Vowing to revoke the Act as soon as he comes to power, the TDP supremo alleged that the CM went to the extent of printing his image on land passbooks instead of the official emblem of the state.
10.05 / 14:59
Reuters
Manufacturing
economy
show
reports
gatherings
Factory output's slower March doesn't dampen annual momentum
NEW DELHI : India’s factory output slowed to 4.9% in March after rising to a four-month high of 5.6% in the month before, hitting the brakes on an otherwise good year. Industrial production expanded 5.8% during FY 2023-24, higher than the 5.2% expansion reported for the year prior, show data released on Friday. But the March numbers fell short of expectations.
10.05 / 14:19
UPS
MET
WhatsApp
reports
recommendations
Financial
Cholamandalam Financial Q4 Results: Cons PAT jumps 27% YoY to Rs 1,143 crore
Cholamandalam Financial Holdings Ltd on Friday reported a 26.9 per cent growth in its consolidated profit after tax at Rs 1,143.75 crore for the March 2024 quarter, the company said. The city-based company, part of the diversified conglomerate Murugappa Group, had registered net profits of Rs 900.77 crore during the corresponding period of last year. For the year ending March 31, 2024, the consolidated net profits grew by 37 per cent to Rs 3,850.56 crore, from Rs 2,809.62 crore registered a year ago.
10.05 / 14:07
security
Reddit
performer
reports
Features
Updates
Samsung Galaxy S24 Ultra users report drastic improvement in battery life and performance after May update
Galaxy S24 Ultra. After updating, however, he recorded eight hours of screen-on time with 26 percent battery still remaining. In addition to extended battery life, the Reddit user also reported a noticeable enhancement in overall performance.
10.05 / 12:57
markets
COST
Trade
track
reports
Japan’s stock market is booming. It isn’t all about the weak yen.
Is a weak currency good for Japan’s stock market? It is complicated. A lower yen is traditionally seen as positive for Japanese stocks as it should make its exports more competitive. And this is certainly still true to some extent.
10.05 / 12:35
UPS
CRA
consequences
information
2020
Courts
Be careful moving your TFSA — or the CRA might come knocking
I received my 2023 Notice of Assessment this week and it contained the full details of my tax assessment, an explanation of changes and other important information, along with a one-page detailed registered retirement savings plan (RRSP) deduction limit and available contribution room statement. What it did not contain, however, was a similar statement about my available tax-free savings account (TFSA) contribution room.
10.05 / 12:31
Provident
Manufacturing
WhatsApp
show
medicines
Pharmaceuticals
India's Industrial Production growth rate slows to 4.9% in March 2024
India's Industrial Production (IIP) growth rate slowed to 4.9 per cent in March as against 5.7 per cent in February, revealed the data provided by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday. The previous high of IIP was recorded at 11.9 per cent in October 2023, which slowed to 2.5 per cent in November, 4.2 per cent in December and 4.1 per cent in January 2024. The cumulative growth rate for the period of April-March 2023-24 over the corresponding period of the previous year stood at 5.8 per cent.
10.05 / 11:47
security
economy
wellness
President
show
reports
Equities rally continues ahead of Fed speeches
Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday as traders await a key US inflation print next week.
10.05 / 11:45
UPS
Mobile
Sustainability
Election
performer
Tata Motors Q4 Results: Net profit jumps over 3-folds, JLR revenue up 11% YoY; 5 key highlights
Tata Motors Q4 Results: Tata Motors on Friday reported over three-fold jump in consolidated net profit at ₹17,528.59 crore in the fourth quarter ended March 31, 2024, riding with all its three auto businesses delivering a strong performance, specially the British arm Jaguar Land Rover. The company had posted a consolidated net profit of ₹5,496.04 crore in the same quarter of the previous fiscal, Tata Motors said in a regulatory filing. Total consolidated revenue from operations stood at ₹1,19,986.31 crore, as compared to ₹1,05,932.35 crore in the year-ago period.
10.05 / 11:45
markets
security
Strategy
wellness
Trade
performer
Multibagger Stock: Swadeshi Polytex gained over 10000% in just 5 years, rose 6140% in 3 years; should you invest?
₹3.33 in April 2019. Meanwhile, it has soared over 6140 percent in 3 years (from ₹5.45 in April 2021). The scrip has also given multibagger returns this year so far as well as in the last one year.
10.05 / 11:37
Provident
ICO
Trade
Experts
Videos
Updates
Could this new meme coin 10x like other Solana presales?
Just today, data from Lookonchain reveals that a trader turned a little over $8000 into $1.2 million, earning a stunning 144x return on investment. All eyes are now on Sealana ($SEAL) the latest Solana meme coin that is being tipped by experts as potentially the best crypto to buy now.
10.05 / 10:59
markets
economy
Yellow
Trade
reports
Rate Cut
Nifty Metal spikes over 1.5% on US Fed rate cut hopes; Hindustan Zinc hits record high
Hindustan Zinc jumped over 18.65% to hit a new high of ₹541 apiece, and Hindustan Copper and Vedanta also gained over 4% in today's intraday trade. Other stocks such as Steel Authority of India, Jindal Stainless, JSW Steel, NALCO, Hindalco Industries, NMDC, Jindal Steel & Power, and Ratnamani Metals & Tubes are currently trading with gains between 0.5% and 2%. Recent U.S.
10.05 / 09:39
Citizens
Action
Election
show
Courts
rights
Supreme Court disposes of former Jharkhand CM Hemant Soren's plea in money laundering case, calls it 'infructuous'
Hemant Soren. The JMM leader has already challenged the high court order, and the apex court is scheduled to hear the matter on May 13. Hemant Soren has also sought interim bail for campaigning in the Lok Sabha elections till the high court delivers its verdict on his plea against arrest.
10.05 / 09:39
Hindustan Zinc stock soars 11% to new high as board approves 500% interim dividend
Hindustan Zinc rallied 11 percent to hit a new high of ₹506.30 apiece after the company's board approved an interim dividend of ₹10 per equity share of a face value of ₹2 each or 500 percent for FY25. This will result in a total outgo of ₹4,225.32 crore. Hindustan Zinc's recent ₹10 dividend announcement marks a return to double-digit dividends, following payouts of ₹7 and ₹6 per share in July and December last year, respectively.
10.05 / 08:37
UPS
Trade
Midcap stock Jupiter Wagons jumps to all-time high, quadruples money in 1 year. Time to sell?
Jupiter Wagons share price: Shares of Jupiter Wagons continued witnessing buying interest for the fourth consecutive session on Friday, May 10, as they surged almost 13 per cent to hit their fresh all-time high of ₹474.40 in intraday trade on BSE. Jupiter Wagons share price opened at ₹430.50 against its previous close of ₹420.65 and rose 12.8 per cent to the record high level of ₹474.40.
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