Action Financial News
25.04 / 13:41
Aviat
Action
Airlines
Fallout
travelers
Traffic
International
French air traffic controllers cancel a strike but Paris flights are still disrupted
Air passengers traveling to and from Paris have experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations
25.04 / 13:23
markets
Ball
Action
stars
cricket
Sporting
Star Sports garners 47.5 cr viewers in the first 34 IPL matches; Dhoni fever adds to the new high
Disney Star stated that it has witnessed continued rise in TV viewership for the marquee tournament. According to the latest data released by BARC, Disney Star, in the first 34 matches, has achieved a cumulative reach of 47.5 crore viewers, recording a growth of 5 per cent on TV reach for Live Broadcast compared to the previous highest recorded in 2019. Moreover, the broadcaster has seen an 18 per cent growth from previous edition in minutes of total watch time with 24,500 crore minutes spent.
25.04 / 12:09
Action
security
Remark
Election
reports
Courts
Lok Sabha Elections 2024: BJP MP Ram Shankar Katheria’s wife to contest against him for UP’s Etawah seat
Mridula Katheria, the wife of Bharatiya Janata Party (BJP) Etawah MP Ram Shankar Katheria, has filed nomination papers as an Independent candidate for the Etawah Lok Sabha seat, just four days after her husband filed his nomination from the same seat.
25.04 / 12:09
UPS
Action
performer
track
Equality
bowling
IPL 2024 SRH vs RCB Live Score: Another run fest at Uppal? Spotlight on dangerous Travis Head & Abhishek Sharma
SRH vs RCB IPL 2024 Match Live Score: Sunrisers Hyderabad will take on embattled Royal Challengers Bengaluru in their return-leg game of Tata IPL 2024 tonight at Rajiv Gandhi Stadium. The match 41 of IPL 17 promises to be an explosive one as everyone wis waiting for yet another record-breaking batting performance by SRH’s opening duo – Travis Head and Abhishek Sharma. RCB, which are in the bottom of the IPL points table at number 10, will have to come up with some new plan, especially in the bowling unit to make it a battle of equals rather than a thrashing by the home side.
25.04 / 12:01
Action
Remark
song
rights
Blackstone urges Hipgnosis shareholders to 'take no action' as it weighs response to Concord bid
On Wednesday (24 April), the board said it had agreed to the US-based music rights group's increased all-cash offer to acquire the portfolio at $1.25 per share, which values the trust at around $1.51bn. Concord's new offer, which represents a rise of around 7.8% on its previous bid, trumps Blackstone's offer to buy the trust's assets for $1.24 per share, or $1.5bn, announced over the weekend. Concord Music trumps Blackstone's bid for Hipgnosis Songs with raised $1.51bn offer Blackstone's latest remarks come as shareholders await its next move. Hipgnosis Song Management has the rig...
25.04 / 10:53
markets
FIVE
Action
Strategy
wellness
performer
guidelines
Mutual Funds: Monthly SIP of ₹4,000 in this value scheme since inception would have grown to ₹1 crore
mutual fund’s past performance gains a lot of significance. And at the time of examining the past returns, it is advisable to check the historical returns of a number of years and compare them holistically over a period of time to gauge the possibility of returns one can earn in future. ALSO READ: Mutual Funds: Small, mid cap funds saw massive surge in folios in March Here, we randomly select one value mutual fund — Tata Equity P/E Fund — which has delivered healthy returns in the past 19 years across different time periods, particularly via systematic investment plans (SIP) investment.
25.04 / 09:03
COST
UPS
Booking
Action
guidelines
Defaulted on home loan EMIs? Relax! Bank can’t seize your house if you follow these RBI protection rules
You take a home loan for a longer duration compared to other credit facilities. You pay them off over periods that can sometimes span 20 to 30 years. Because of this longer duration, it also brings some uncertainties regarding repayment of the loan, as 20 or 30 years is a considerable amount of time during which you may experience various financial ups and downs.
25.04 / 09:03
Provident
Digital
Action
security
Strategy
Mobile
prevention
Customers
RBI’s big action against Kotak Mahindra Bank! Lender stopped from issuing fresh credit cards, onboarding new customers digitally
In a big setback for Kotak Mahindra Bank, the Reserve Bank of India (RBI) has restricted the private sector bank from onboarding new customers through digital channels and issuing fresh credit cards, according to a press release issued by the apex bank on Wednesday.
25.04 / 06:33
FIVE
Google
Action
Software
track
AI bot evolution: Agents will be the next big thing in artificial intelligence
Bill Gates wrote a prescient blog recently on how agents will be the next big thing in software (bit.ly/3tSMNkB). In his inimitable style, he explained: “To do any task on a computer, you must tell your device which app to use. You can use Microsoft Word and Google Docs to draft a business proposal, but they can’t help you send an email, share a selfie, analyze data, schedule a party, or buy movie tickets.
25.04 / 05:21
markets
UPS
Manufacturing
Action
security
Trade
Multibagger Stock: GPT Infraprojects shares jump another 10%, up 366% in a year
GPT Infra Projects continued their winning streak for the second consecutive session, rising by 10% to reach ₹207 apiece. The previous trading session saw a significant gain of nearly 9%, attributed to the joint venture securing an order valued at ₹487 crore from Central Railway, Mumbai. This recent order pertains to the construction of a new BG line in the Solapur-Osmanabad section, spanning from chainage ₹52500 to 83200 in the Solapur Division.
25.04 / 04:41
markets
Target
Action
trends
Trade
Experts
recommendations
Day trading stocks to buy: Anand Rathi expert recommends IndusInd Bank, Federal Bank and GAIL to buy today — April 25
Day trading stocks to buy today: Following weakness in the Asian stock market, the Indian stock market opened lower on Thursday, ending its four-day winning streak that started last Friday. The Nifty 50 index is down by nearly 60 points, the BSE Sensex is down by over 200 points whereas the Bank Nifty today is down by nearly 170 points. Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern about whether the industry that has powered the bull market in equities has run too far.
25.04 / 04:41
Citi
Provident
Target
Digital
Action
Mobile
Research
Kotak Mahindra Bank share price tanks 10% as RBI action seen hurting growth, margins
₹ ₹1,658.75 apiece on the BSE. RBI on Wednesday directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect. The central bank has barred the private sector lender from new issuances due to deficiencies in the bank’s IT system in 2022 and 2023.
25.04 / 04:31
Action
Apple
DRC
War
country
reports
rights
DR Congo accuses Apple of using 'blood minerals' from war-torn east
Apple of using «illegally exploited» minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday. The DRC's lawyers have sent Apple a formal cease and desist notice seen by AFP, effectively warning the tech giant it could face legal action if the alleged practice continues.
25.04 / 04:31
UPS
Action
Remark
Election
wellness
love
BJP giving a Hindu vs Muslim twist to a socialist idea of redistributing wealth from rich to poor: Swaminathan Aiyar
Swaminathan Aiyar, Consulting Editor, ET Now, says this kind of misinterpretation of the Congress manifesto should not be taking place, although it does happen. When you see the Election Commission is pulling up somebody for a mere remark about Hema Malini, it should take action on this as it is a much more serious defamation of what Manmohan Singh or the Congress manifesto intended to say. What do you make of this inheritance tax and is it executable? Is it a sound economic idea? Swaminathan Aiyar: No, I do not know that this is necessarily an issue about inheritance tax. There has been talk as far as I can see about a wealth tax, about taking a look around and doing a survey. All I can say is that the Congress Party has been a socialist party since 1947. The Constitution itself has a thing about distributing the common resources to benefit the common good. The Congress Party has always been for taxation of the rich to help the dalits, the poorer, minorities. The only thing is that the Congress has always done it in terms of class, rich versus poor. Modi is trying to convert it into a religion issue of Hindus versus Muslims.
25.04 / 04:29
Target
Action
Remark
Election
country
International
Non-resident Gujaratis call for ECI action against PM Modi
controversial speech of Prime Minister Narendra Modi targeting Muslims in the country, an e-mail campaign has been started by a few non-resident Gujaratis who are writing to the Election Commission of India seeking action against him. At an election rally in Rajasthan, Modi had alleged that if voted to power, the Congress will redistribute the wealth of the country and give it to the Muslims, drawing criticism both from India’s opposition parties and global media. Speaking to ET from New York, Dakshesh Patel, who is settled in the US, said that a campaign has been launched in this regard and they expect to get at least one lakh emails sent to the EC from all over the globe.
25.04 / 03:27
CEO
Action
Trade
President
Freedom
information
prevention
Wealth firms must prepare for demise of non-competes, despite legal challenges to FTC rule
It didn’t take long for the U.S. Chamber of Commerce to try to block a sweeping regulation that prohibits the use of employment clauses that prevent workers from leaving and taking jobs with competing firms.
25.04 / 03:17
markets
UPS
Target
Landmark
Action
Trade
Markets wary of intervention as yen struggles at 155 level
yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving traders nervous as to whether Tokyo will intervene while policy deliberations are still underway. Having traded in a tight range over the past few days, a buoyant dollar finally broke above the 155 yen level for the first time since 1990 in the previous session, and was last steady at 155.34 yen in early Asia trade.
25.04 / 03:17
markets
Platform
Action
Trade
reports
diving
Stocks hit by tech slump; yen flails at intervention zone
Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks.
25.04 / 01:27
markets
Action
security
WhatsApp
Nestle
Trade
rowing
Pre-market action: Here's the trade setup for today's session
Domestic markets continued their winning run for the fourth day in a row on Wednesday, driven by strong global cues. «Despite the bulls maintaining their upward trajectory for the fourth consecutive session, there's a noticeable lack of momentum,» said Rajesh Bhosale, Technical Analyst, Angel One.
25.04 / 01:27
markets
FIVE
Action
security
guidelines
Updates
KRAs issue guidelines for simpler KYC process
KYC process for investors due to new guidelines that came into effect on April 1, the five KYC registration agencies (KRAs) — CDSL Ventures (CVL), NSDL Database Management (NDML), CAMS, Karvy, and Dotex have come with guidelines to simplify the process. All KRAs put together hold the KYC records of 108.3 million investors and facilitate storage and modification.
25.04 / 00:07
markets
UPS
Digital
CEO
Action
Mobile
reports
Customers
RBI bars Kotak Bank from adding customers digitally
RBI) barred Kotak Mahindra Bank from signing up new customers through its online and mobile banking channels, and issuing fresh credit cards, among the toughest curbs imposed on a scheduled bank. The regulator said Kotak had failed to fix its IT systems after being asked to do so continuously over the past two years. The regulator cited «serious deficiencies and non-compliances» by Kotak in a statement shortly after the stock market closed on Wednesday. The third-most valued private bank in terms of market capitalisation was asked to stop the functions cited «with immediate effect». The stock closed at ₹1,843.05, up 1.64% on the BSE, at a market cap of ₹3.66 lakh crore. Kotak said it would resolve the matter quickly and assured customers there wouldn't be any interruption to services.
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