Record News

By Mark Weinraub

₹40 to ₹42 per equity share and the Srivari Spices shares will be listed on the NSE SME exchange Friday, 18 August. Srivari Spices and Foods IPO plans to raise ₹9 crore and the total of 2,142,000 shares have been offered. The company plans to use the net proceeds to fund working capital requirements and meet general corporate expenses.

WASHINGTON (Reuters) — U.S. regulators on Tuesday said they had settled with more than a dozen financial firms, including Wells Fargo (NYSE:WFC) and some foreign banks, over charges of widespread recordkeeping failures, including in some cases the use of personal text messages and other messaging apps.

Enforcement Directorate has summoned Jharkhand Chief Minister Hemant Soren for questioning in a money laundering case, official sources said on Tuesday. He has been asked to depose next week in state capital Ranchi and record his statement under the Prevention of Money Laundering Act, they said.

By Gabriel Araujo

Novo Nordisk A/S, a leading Danish pharmaceutical company, has achieved a groundbreaking milestone with its obesity medication Wegovy. A highly anticipated study has revealed that Wegovy not only effectively addresses weight concerns but also significantly reduces the risk of heart attacks and strokes among individuals with a history of heart issues.

The big question is; how to do digital well? And how to ensure that its implications on people, processes and technology are in your favour? ISB has launched the Certificate Programme in Digital Transformation, to help answer these questions. This 12-week online programme will offer a comprehensive understanding of the technological disruptions across industries. You will learn about emerging technologies like blockchain, social computing, IoT and their business use cases. You will learn to identify opportunities for innovation in your company. If you want to restructure, upgrade, and transform the way business is donehen this is the right programme for you.Who should choose the ISB Digital Transformation programme?Explore ISB Digital TransformationMore e organisations are adopting digital transformation strategies every day. But for many, it is

Bharatiya Vidya Bhavan's S.P. Jain Institute of Management and Research (SPJIMR)'s PGDM and PGDM(BM) 2024 cohort, comprising 295 students, have bagged autumn internship offers, with an average stipend of Rs 3.15 lakh for two months. The batch received 340 offers from 53 companies, with FMCG enterprises leading the way, closely followed by Consulting firms.

Power Finance Corporation will consider a proposal for issue of bonus shares to its investors on August 11. The company will also announce its results on the same day. «The Board of PFC will also be considering a proposal for issue of bonus shares to the equity shareholders of the company in the ratio, as it may deem fit by way of capitalization of reserves, subject to approval of shareholders,» the company said in a filing.

U.S. regulators on Tuesday announced a combined $549 million in penalties against Wall Street firms that failed to maintain electronic records of employee communications.

The staunchest Bitcoiners, known in industry terms as long-term holders, now control more Bitcoin (BTC) than ever before, new data from blockchain analytics firm Glassnode has revealed.

Peninsula Land has reported a 362% year-on-year growth in consolidated net profit of Rs 60 crore for the quarter ended June. Revenue for the quarter stood at Rs 188 crore.

Adani Ports & SEZ (APSEZ) Tuesday posted an 80% rise in quarterly profit, on robust operations and a swing to a forex gain from a loss a year earlier. India's biggest operator of ports also gave guidance for an up to 15% rise in cargo tonnage, a 20% increase in revenue and a 17% rise in earnings before interest, tax depreciation and amortisation (Ebitda) for the current fiscal year ending March 31, 2024. APSEZ posted a net profit of Rs 2,119 crore in April-June quarter compared to Rs 1,177 crore a year earlier.

Former President Donald Trump and many of his supporters say he has locked up the race for the Republican nomination even with the first contests months away. That has prompted early jockeying among top Republicans to potentially be his running mate. Possible vice-presidential candidates range from staunch loyalists in Congress such as Rep.

₹12,400 per square feet and at this point in 2023, have increased to around ₹15,350 per square feet, it added. Among the cities, Hyderabad emerged as the frontrunner in luxury home price growth, seeing a staggering 42% increase in average price from ₹7,450 per square foot in 2018. Bengaluru and the Mumbai Metropolitan Region (MMR) recorded a notable 27% appreciation each.

opposition alliance INDIA have given a privilege notice against leader of the house in Rajya Sabha Piyush Goyal over his certain remarks against some opposition leaders. Among the parties whose leaders gave the notice are the Congress, TMC, AAP, RJD, DMK, RJD, JDU, NCP and the Left parties. Sources said leaders of INDIA parties gave the notice to the Rajya Sabha chairman complaining against Goyal's certain remarks made while he was speaking on the issue of media portal 'NewsClick' receiving funding from China-linked firms allegedly to spread Chinese propaganda. Goyal questioned the relationship between the opposition parties and the news portal 'NewsClick', which has been accused in a New York Times report of receiving funding from China-linked firms. «Today at 1300 hrs, the floor leaders of INDIA parties in the Rajya Sabha submitted a privilege motion against Leader of the House Piyush Goyal for addressing the Opposition as all of them 'traitors',» Congress MP Jairam Ramesh said on Twitter. «Nothing less than an apology from him on the floor of the House, when it is in order, will do,» the Congress leader, who is a signatory to the privilege notice, said.

wheat prices surged to a six-month high on Tuesday due to limited supplies and robust demand ahead of the festival season, dealers said. The increasing prices may prompt New Delhi to eliminate import duties on the cereal to bolster supplies and control prices ahead of key state polls and next year's general election. Rising wheat prices could contribute to food inflation and potentially complicate the efforts of both the government and the central bank to contain inflation.

temperature of 16.95 degrees Celsius (62.51 degrees Fahrenheit) was a third of a degree Celsius (six tenths of a degree Fahrenheit) higher than the previous record set in 2019, Copernicus Climate Change Service, a division of the European Union's space programme, announced Tuesday. Normally global temperature records are broken by hundredths or a tenth of a degree, so this margin is unusual. «These records have dire consequences for both people and the planet exposed to ever more frequent and intense extreme events,» said Copernicus deputy director Samantha Burgess.

Multibagger SME IPO: A long term investor not just earn from stock movement, but it earns from various rewards announced by the listed entity from its capital reserves. The listed entity's rewards its shareholders in the form of interim/final/special dividend, bonus shares, buyback of shares, stock split, etc. Prima facie, these rewards might not look attractive, but in long term, these rewards lead to whopping return for its shareholders.

Hardik Pandya's rise as the potential successor to Rohit Sharma's captaincy seemed promising, especially after his triumphant maiden IPL season with the Gujarat Titans (GT). His appointment as the captain gained further momentum following the T20 World Cup, where he took over the reins after India's defeat to England. However, recent events have cast a shadow of doubt over his leadership capabilities.

Tata Motors, which had huge losses in the last year’s Q1, the growth normalizes to 20%, which is good enough. However, some recent blue-chip numbers from FMCG, Cement, IT, and Banks are below par, leading to a downgrade in future earnings. However, we need to notice that the total scenario is good, including the mid and small caps.