Record News

New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates

Attorneys say two Mississippi catfish farms have settled a lawsuit over using immigrant workers and paying them more than they paid local Black farmworkers

Jeff Bezos is expanding his real estate portfolio with a third mansion on South Florida's exclusive Indian Creek island. As reported by Bloomberg, the founder of Amazon.com Inc. has reportedly agreed to pay around $90 million in an off-market deal for a six-bedroom home in the Miami-area enclave.

Markets regulator SEBI has mandated KYC (Know Your Client) compliance for investors before starting investments in a mutual fund scheme. WHAT IS THE PROCESS FOR COMPLETING KYC BEFORE STARTING MF INVESTMENTS? To open a folio for investing in a mutual fund, an investor has to fill up the KYC form and attach valid proof of identity (POI) and proof of address (POA) documents as prescribed. The fund house or a SEBI-registered entity (SRI) will open a folio or an account and register the documents with one of the KRAs (KYC Registration Agencies) if not available in any of the KRA records. Valid POI documents include Aadhaar, passport, driving licence, voter ID card, NREGA job card or any other document notified by the Union government in consultation with the regulator. It is important to note that from April 1, bank statements or utility bills will not be considered as officially valid documents to complete the KYC process.

Dividend stocks: Shares of Ashok Leyland Ltd, Iykot Hitech Toolroom Ltd, Shiva Cement Ltd, and Sunrise Efficient Marketing Ltd will be in focus when the stock market opens on April 3 (Wednesday). The Board of Directors of the 4 companies have declared an interim dividend, rights issue, and bonus issue for their eligible shareholders. The record date by the 4 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 3.

IPL 2024 season has now entered its second month with fifteen matches been played till now. There have been record breaking feats, eye-catching batting and bowling performances, athletic fielding and most importantly, the celebration of cricket in all forms, in these matches of the Indian Premier League played till now.

Anime is spread across multiple genres but some of the most engaging content come from the war-themed and fighting-based genre. For one, Record of Grancrest War is one such anime that may keep you hooked to the setting of a mysterious world ruled by 'Chaos', a phenomenon that distorts the basic laws of nature, generally seen on Earth. This Chaos leads to apocalyptic situations like the appearances of demons, vile creatures, and even natural calamities that bring forth massive destruction to the people of this mysterious world. As this world progresses, there is a search for eternal peace and prosperity for which two different kinds of power blocs fight for.

R Praggnanandhaa will enter as the favourite among the three Indian participants in the Candidates chess tournament that will get underway here from Wednesday to decide the challenger for the next world championship match. After nearly 35 years as many as three Indians – Praggnanandhaa, D Gukesh and Vidit Gujrathi — have qualified for the most prestigious event of the year that has just eight participants. According to an expert, India is the new Russia of the chess world, as in the past such dominance was only shown by Russian players.

Pep Guardiola insists Manchester City's experience of thriving under the pressure of a title race will not be the decisive factor in who wins the Premier League. Guardiola's men are aiming to become the first side to ever win four consecutive English top-flight titles and claim their sixth Premier League crown in seven seasons. However, City will have to come from behind in the final nine games of the campaign after a 0-0 draw at home to Arsenal on Sunday left them still in third.

Warburg Pincus is closing in on Shriram Housing Finance Ltd (SHFL), having emerged as the frontrunner to acquire the unit of Chennai-based non-banking finance company (NBFC) Shriram Finance, said people in the know. In a closely fought race, Bain Capital is the other serious contender, they said. Binding bids were submitted last week, they added. Negotiations are ongoing with both seeking to maximise value, “but for the moment, Warburg seems a more aggressive suitor or bidder for the company,” said a person close to the company on condition of anonymity. To be sure, the sale likely hinges on the matter of valuation. Shriram pegs it at Rs 6,500 crore, inclusive of a control premium, but the offers have been in the Rs 5,300-5,500 crore range.

₹10,000 for the first adjournment sought by a disputant and double that sum for every subsequent one. Why do lawyers seek more than three adjournments and courts grant these in spite of the fact that it is irregular? Many lawyers, especially senior ones, have many briefs on their hands, and when conflicting timings of case hearings arise in different courts, their juniors are asked to seek fresh dates. Most often, judges oblige.

hit record highs on Monday, April 1, led by metals stocks on strong industrial data from the top consumer China, before settling around 0.5 per cent higher. The BSE Sensex declined by 110.64 points or 0.15 per cent to settle at 73,903.91. The broader NSE Nifty dipped 8.70 points or 0.04 per cent to 22,453.30.

NEW DELHI : Power plants running on imported coal will have to operate at full capacity till September to meet rising demand for electricity, as per a government order. The power ministry said in a statement that it will extend Section 11 of the Electricity Act till the end of September. So far, the mandate is in effect till June.

₹50 to reach ₹68,370 per 10 grams in the domestic market on Tuesday, influenced by subdued patterns in the global markets, according to HDFC Securities. During the last trading session, the valuable metal concluded at ₹68,420 per 10 grams.

SRM Contractors, a construction company specialising in infrastructure projects across Jammu & Kashmir and Ladakh, will debut on the exchanges on Wednesday. Ahead of the listing, the company's shares are trading with a GMP of Rs 95, which translates into a listing gain of about 45%.

IT services companies recorded their first rise in the past 20 months, with the total number of open positions accepting applications rising to 82,000 in March from a low of 50,000 in January this year, data from LinkedIn and other top job boards showed. But on the back of dipping attrition, the collective gross hiring by the top IT services companies fell 4-6% QoQ in the quarter ending March, shows an analysis done for ET by staffing firm Xpheno, based on talent movement patterns in the January-Mar period. The analysis looked at Wipro, Infosys, TCS, HCL, LTI Mindtree, L&T Technology Services, Tech Mahindra and Cognizant.

The Fresh Press has raised an undisclosed amount of equity funding from Nikhil Kamath-backed Gruhas Collective Consumer Fund (GCCF). Founded in 2018 by Mithil Lodha and Rahul Jain, it currently runs about 40 outlets selling fresh juice and other products in nine cities including Hyderabad, Bengaluru and Delhi. About 30 of these are ‘shop-in-shop’ stores placed inside Inox theatres and Reliance Retail outlets, Lodha said.

JSW Energy on Tuesday said it plans to raise Rs 5,000 crore by selling shares to high net worth investors through a qualified institutional placement process or QIP. The QIP will take place in one or more tranches. The company did not disclose the purpose of the fundraise.

Donald Trump’s net worth tumbled by $1 billion along with the shares of his social media business after it disclosed a more than $58 million loss in 2023, as revenue for the former president’s Truth Social platform trickled in. 

MacroMavens President Stephanie Pomboy provides her expectations for the economy, the impact of inflation on the consumer and the 4Q GDP read.

A weekly central Kansas newspaper and its publisher have filed a federal lawsuit over police raids last summer of its offices and the publisher’s home