Record News

Shareholders in lithium hopeful Essential Metals, backed by Rich Lister Chris Ellison, have voted to merge with an established copper miner as Australia’s tycoons vie for control of the country’s battery metal assets.

Mela Ventures, an Alternative Investment Fund (AIF) founded by Mindtree cofounders Krishnakumar Natarajan and Parthasarathy NS, has roped Viju George as its full-time partner. With a career spanning over a couple of decades, Viju has driven strategic financial initiatives within the technology sector and has deep understanding of market trends, financial modelling, and investment analysis, said the company.

Tata Elxsi, the design and digital tech arm of Tata Group, witnessed a 3.35% spike in its stock price to reach ₹7,694.40 apiece during early trade on Wednesday after the company delivered a decent set of numbers for Q2FY24. The company released its Q2FY24 numbers post-market hours on Tuesday, with its consolidated net profit surging 14.8% to ₹200 crore. During the same period last year, the company recorded a net profit of ₹174.3 crore.

Investing.com-- Shares of Chinese electric vehicle maker BYD surged on Wednesday after it said it expects its third-quarter net profit to potentially double on robust vehicle sales and improved margins.

Canadian billionaire entrepreneur Stephan Crétier, founder of the GardaWorld global security empire, has acquired a historic family winery in Napa, Calif., for more than $57 million.

New York | Activist investor Starboard Value, which has built a position in News Corp, wants the Murdoch-family controlled media giant to separate its Australian real estate business.

New York | Goldman Sachs posted a second straight quarter of real estate write-downs and a continued dealmaking slump, leaving the investment bank’s profitability at about half the level it’s targeting.

Scroll, an Ethereum layer 2 (L2), has announced the launch of its zkEVM mainnet, which allows developers to have increased speeds, latency, and lower fees to build decentralized applications (dApps).

The National Highway Traffic Safety Administration is investigating General Motors’ Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around pedestrians in roadways

Disney attorneys want to question a previous administrator of the Walt Disney World governing district as part of its defense against a lawsuit brought by a board made up of appointees of Florida Gov. Ron DeSantis

Federal authorities say a broken rail caused a train derailment that collapsed a bridge over a Colorado highway

Prevention of Money-laundering (Maintenance of Records) Rules, 2005, further tightening the record keeping in case of international transactions above ₹50,000 to prevent terror financing. Every international transaction above ₹50,000 will be subject to closer scrutiny and a reporting entity will have to identify clients, verify their identity and also ascertain purpose of the business if not well defined. The latest rule also mandated reporting entities, which are part of a group, to have adequate safeguards on the confidentiality and use of information exchanged, including safeguards to prevent tipping-off. «Every reporting entity shall...identify its clients, verify their identity using reliable and independent sources of identification, obtain information on the purpose and intended nature of the business relationship, where applicable and take reasonable steps to understand the nature of the customer's business, and its ownership and control,» the notification says.

India is expected to restrict exports of organic sugar for the 2023-24 season, in addition to raw, white and refined versions, as the outward shipment of the organic form of the sweetener has touched record high, said an official. Currently, raw, white and refined sugar — consumed as an everyday item — are on the restricted list till October 31. The government is expected to extend this timeline due to concerns about productivity.

(Reuters) -Fitch on Tuesday placed Israel's sovereign debt rating of «A+» on rating watch negative and warned a major escalation of the ongoing conflict with the Palestinian Islamist group Hamas could result in a negative rating action.

MUMBAI : The Reserve Bank of India (RBI) has not been maintaining daily and monthly transaction records for its e-rupee digital currency pilots, the central bank said in response to Mint’s Right to Information (RTI) application. However, a senior regulatory official had recently pegged daily retail usage volumes at 15,000. Mint had sought daily and monthly data on the number of retail and wholesale transactions for the central bank digital currency (CBDC).

NEW DELHI : India’s mid-cap information technology services firms Larsen & Toubro Technology Services and Zensar Technologies expressed caution in their September quarter earnings on Tuesday. While L&T Tech recorded 3.2% sequential revenue growth to $288.1 million in constant currency term, Zensar’s revenue was up 0.2% sequentially to $150.2 million. Despite growing revenues, LTTS slashed its FY24 revenue guidance by 2.5 percentage points to 17.5-18.5%, from 20% in April.

Argentina will play Peru in FIFA 2026 World Cup qualifying match. If Lionel Messi plays at Peru, coach Lionel Scaloni might have to remove either Julián Alvarez or Lautaro Martinez from the lineup that beat Paraguay. Argentina's captain Lionel Messi has reunited with the Albiceleste squad for the internationals scheduled for October. However, the fitness of the seven-time Ballon d'Or winner remains uncertain. The 36-year-old Inter Miami forward has been absent from four of his club's last five matches due to a scar tissue issue. As Argentina entered the international break with a perfect record of two wins in South America's World Cup qualification tournament, Peru, on the other hand, only had one point to their name. World Cup qualifier for CONMEBOL between Argentina and Peru will be played at Estadio Nacional del Perú in Lima on Tuesday. The kick-off is scheduled at 10 pm (ET) or 7 pm (ET). Argentina vs Peru World Cup qualifier for CONMEBOL game will be live streamed on Fanatiz. The next World Cup in the United States, Mexico and Canada is expanding to a 48-team format, meaning direct entry to the top six teams in South America. The seventh-place team will contest an intercontinental playoff for a berth. World Cup winner Argentina leads continental qualifying with 9 points, followed by Brazil (7), Colombia (5), Uruguay, Chile and Venezuela (4), Ecuador (3), Paraguay and Peru (1), and Bolivia (0). The fourth match day in South American qualifying also features Ecuador against Colombia, Paraguay against Bolivia and Venezuela taking on Chile.

No company looks forward to tax season, but for Web3 businesses, preparing can be particularly difficult. Global operations subject Web3 businesses to a variety of tax regulations and compliance requirements, and many regions lack regulatory clarity. Different digital tokens may have different tax statuses, making correct classification and reporting a tremendous challenge. The complexity is further increased by having to keep meticulous records of various cryptocurrency transactions, dealing with crypto-to-crypto swaps and managing market volatility.

Redfin CEO Glenn Kelman analyzes the state of the housing market after mortgage rates surged past 7% on 'Cavuto: Coast to Coast.'

Supreme Court judgment delivered on 27 July 2022 examined the validity of the PMLA in its entirety. “In that matter, ultimately we will finalize the nitty-gritty on whether the earlier bench of three judges covered all provisions or something has to be addressed," a bench led by Justice Sanjay Kishan Kaul said in September while fixing the date for the hearing. Exciting news! Mint is now on WhatsApp Channels.

₹20.03 crore, compared to ₹30.24 crore in the year-ago period. The company's revenue from operations in the second quarter of current fiscal stood at ₹483.79 crore, registering a rise 2.23 per cent, compared to ₹473.22 crore in the year-ago period. Hathway Cable's revenue from the broadband business came in at ₹156.46 crore, while it earned ₹327.33 crore from the cable television business, according to a regulatory filing by the company to the stock exchanges.