Record News

24.04 / 21:37

Booking CEO community Bill Interviews Relationships 'Now’s a good time': Canada’s biggest Indigenous-owned bank plans major expansion

Canada’s biggest Indigenous-owned bank is planning a major expansion that will raise as much as $50 million to reach more customers.

24.04 / 21:15

Provident Airlines pandemic Southwest Airlines flight attendants ratify a contract that will raise pay about 33% over 4 years

Southwest Airlines flight attendants have ratified a new contract that will boost their pay by about one-third over four years

24.04 / 17:52

Ball Trade IPL 2024: Shubman Gill breaks Virat Kohli's record, becomes fastest Indian to complete....

ALSO READ: PBKS vs GT IPL 2024: Shubman Gill says he doesn’t want to think too much about captaincy while batting 1) Rashid Khan (24 years and 221 days) 2) Shubman Gill (24 years and 229 days) 3) Virat Kohli (25 years and 182 days) 4) Sanju Samson (25 years and 335 days) 5) Piyush Chawla (26 years and 108 days) In the ongoing IPL season, Gill has scored 298 runs in 9 matches, at an average of 42.57 and a strike rate of 146.79. He has also scored two half-centuries; his highest score is an unbeaten 89. Shubman Gill has scored 3,094 runs in 100 IPL matches, at an average of 38.12 and a strike rate of 135.14.

24.04 / 17:52

markets Yellow Research reports rights Gold Prices Gold prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?

Gold hits over two-week low despite touching record highs in 2024; What's hurting the yellow metal's appeal? Since reaching a record high of $2,431.29 on April 12, bullion prices have retreated by over $100. Back home, Gold prices saw a slight increase on Wednesday, April 24th. Gold futures for June expiry on the Multi Commodity Exchange (MCX) recorded a modest uptick of 0.15% per 10 grams.

24.04 / 17:52

markets Provident Strategy wellness country Interviews Macrotech Developers raises FY25 pre-sales guidance by a fifth to ₹17,500 crore

₹17,500 crore, supported by strong demand and a robust launch pipeline, said a top company executive. In FY24, the Mumbai-based developer recorded ₹14,520 crore in pre-sales, its highest-ever in a year. Macrotech is the one of the top four bestselling developers in the country, along with DLF Ltd, Prestige Group and Godrej Properties Ltd.

24.04 / 13:21

Target MET Strategy Healthcare Trade Technical Breakout Stocks: Data Patterns and Finolex Industries could give 11-18% return in short term

The S&P BSE Sensex rose over 100 points, while the Nifty50 closed above 22,400 levels.

24.04 / 13:11

markets UPS Digital Food trends performer HUL Q4 results: Net profit declines 6%, revenue marginally up; Here are 4 key highlights

₹2,406 crore from ₹2,552 crore last year same period. The earnings of the FMCG company are below the market expectations. Analysts forecasted a profit of ₹2,435 crore on revenue totaling ₹14,913 crore.

24.04 / 12:55

Provident Career Manufacturing trends country reports Centre’s National Career Service portal to compete with job websites

ILO) and the Institute of Human Development (IHD), India’s youth continue to face high unemployment rates, with nearly 83% of the jobless population belonging to this demographic. The report underscores a concerning trend where the proportion of educated young people with at least secondary education among the total unemployed youth has nearly doubled from 35.2% in 2000 to 65.7% in 2022.

24.04 / 12:01

markets Booking Manufacturing wellness Trade International Why energy traders are returning to metals

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets.

24.04 / 12:01

markets UPS security economy reports Weak yen has been good for equity investors, but now it’s a risk

The yen has become stuck around a 34-year low against the dollar after months of declines, increasing concern the currency is becoming a liability for Japan’s economy and stocks.

24.04 / 12:01

markets SEC security Southern Luna Courts SEC wants to impose record $5.3B fine on crypto firm, founder

The US Securities & Exchange Commission wants to impose a $5.3 billion fine on Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin.

24.04 / 11:07

markets FIVE performer hospital travelers Destinations IHG Hotels & Resorts to double presence in India with 100 operating hotels in five years

IHG Hotels & Resorts said on Wednesday it will double its presence in India in the next five years to 100 operating hotels. The company said it recorded a 'strong' signing performance in 2023 with 13 deals closed across its brands in the luxury, premium and essentials categories and that it strengthened its footprint in markets such as Gurgaon, Jim Corbett, Mumbai, Amritsar and Goa. The chain said close to 70% of the signings were in the midscale and upper midscale segments, which continues to be a growth driver for the company in India, followed by premium and luxury.

24.04 / 10:09

Target Progressive Analysis Food social shock Price rise is a pet peeve for voters. Can it shape poll results, too?

Inflation, although not the only factor influencing voter behaviour, has historically triggered considerable concern ahead of elections—whether it was the skyrocketing onion prices before the 1998 polls or the double-digit inflation prior to 2014. The recent price pinch has forced the current government, too, to announce measures such as the reduction in petrol and diesel prices. “If you see the nature of inflation shocks in India, they tend to be more on the supply side, which is food and fuel, and the levers to contain those happen to be in the hands of the governments," said Renu Kohli, senior fellow at Centre for Social and Economic Progress (CSEP).

24.04 / 09:59

markets FIVE Manufacturing Experts country Pharmaceuticals India's pharma exports rise 10% to USD 27.9 bn in FY24

pharmaceuticals exports increased 9.67 per cent year-on-year to USD 27.9 billion in 2023-24, even as the total exports dipped by 3 per cent in the last fiscal. According to the commerce ministry data, pharma exports in March grew by 12.73 per cent to USD 2.8 billion. In 2022-23, the exports stood at USD 25.4 billion. The top five export markets, for the sector during the last fiscal, are the US, the UK, the Netherlands, the United Kingdom, South Africa and Brazil.

24.04 / 09:59

UPS Action Trade reports recommendations Chennai Petroleum Corp shares soar 16% on Rs 55 dividend, 72% QoQ PAT growth

Chennai Petroleum Corporation jumped 16% on Wednesday to hit their 52-week high of Rs 1,074.95 on the NSE after the company declared a final dividend of Rs 55 per share while reporting a 72% sequential surge in its March quarter net profit to Rs 627.89 crore. The final dividend would be paid within 30 days from the date of declaration at the AGM and the record date for the payment of final dividend would be intimated in due course, the company filing said.

24.04 / 07:35

markets COST Fox Dreams reports Vast majority of aspiring homeowners say they cannot afford the American dream

DFW housing and macro econ analyst Amy Nixon explains what the spike in mortgage rates means for the housing market on ‘Making Money.’

24.04 / 06:03

markets Manufacturing reports testing Nifty Smallcap 100 touches new record high, gains over 2.4% in 3 sessions – here's why

Also Read: Axis Bank, Hindustan Unilever, among 23 companies to report Q4 results today The recent uptrend in Indian equities has been attributed to favorable global cues and a decline in crude oil prices, with the oil market seemingly unaffected by the potential impact of additional sanctions on Iranian oil. Moreover, concerns have eased as both Iran and Israel have indicated a reluctance to escalate tensions further, following limited exchanges of strikes earlier this month. In March, small-cap stocks suffered as concerns over high valuations prompted regulatory scrutiny, leading mutual fund houses to conduct stress tests every 15 days.

24.04 / 06:03

FIVE Boxing Actor love show Features Love Sex Aur Dhoka 2 Box Office Collection Day 5: Dibankar Banerjee's movie nets a steady ₹8 lakh on Tuesday

Love Sex Aur Dhoka 2 Box Office Collection Day 5: The movie Love Sex Aur Dhoka 2, helmed by Dibakar Banerjee, saw steady earnings on Tuesday (April 23), raking in an estimated ₹8 lakh net in India on its fifth day of release, data from Sacnilk showed. This drop comes after a significant surge in collections the movie saw on Sunday, jumping a massive 275 percent to net ₹40 lakh net domestically on Day 3, followed by an 80 percent slump, pulling in ₹8 lakh on Day 4. Love Sex Aur Dhoka 2 has amassed an estimated ₹73 lakh net in India over the initial four days of screenings, the data revealed.

24.04 / 05:23

Adidas WSJ Basketball show reports athletics Caitlin Clark is set to sign a new Nike deal valued at $28 million over 8 years, reports say

Caitlin Clark appears to be on the cusp of setting another record

24.04 / 04:07

COST Manufacturing CEO Tesla reports Features Elon Musk shares Tesla's EV outlook; promises Robotaxi, production of cheaper vehicles and Optimus robot to investors

Elon Musk makes multiple promises to investors, analysts for Tesla: Electric vehicle (EV) manufacturer Tesla saw its first-quarter net income plummet by 55 percent, in results released on April 23, AP reported. The stock has however soared 11 percent in after-trading hours after CEO Elon Musk announced plans to accelerate the production of new, more affordable vehicles, the report said. Notably, this boost comes amid a challenging year for Tesla, with its stock declining by over 40 percent since the beginning of the year.

24.04 / 04:07

markets UPS Manufacturing Action reports Stocks to Watch: Tata Consumer, HUL, ICICI Pru., Tata Elxsi, Lupin, Dr Reddy's

Tata Consumer Products: On Tuesday, April 23, the company reported a 22.5% decrease in net profit, at ₹267.7 crore in Q4FY24, down from ₹345.6 crore recorded in Q4FY23. However, the company's operational revenue for the quarter increased by 8.5%, to ₹3,927 crore in A4FY24 from ₹3,619 crore in Q4FY23. From an operational standpoint, the company's EBITDA for the March quarter was ₹629.6 crore, marking a 23% growth from the ₹511.7 crore reported in the same period last year.

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