Action Financial News

11.01 / 06:23

Digital Manufacturing Action Bill reports Department Investigations I-T dept detects ₹1,000 crore unaccounted cash sales in Polycab

₹1,000 crore (approximately) after it raided Polycab group, a prominent wires, cables, and electrical items manufacturer, according to an official statement by the Ministry of Finance. The I-T sleuths initiated search and seizure operations last year in December. The search action was conducted at more than 50 premises located in Mumbai, Pune, Aurangabad, Nasik, Daman, Halol and Delhi.

11.01 / 05:23

UPS Booking Action Trade Experts information profit booking Cochin Shipyard shares slide 5% amid profit booking post stock split

Cochin Shipyard fell over 5% to the day's low of Rs 761.30 on Thursday amid profit booking following a stock split which saw the counter getting subdivided into two shares on Wednesday. The PSU defense stock had hit a 20% upper circuit and hit levels of Rs 802.80 on the NSE. Shares of PSU defense stock have gone up nearly three times in the last one year and it traded ex-split on Tuesday.

11.01 / 04:39

Target Action Research wellness Trade Experts recommendations Technical Stock Pick: Breakout from Cup and Handle pattern on Naukri makes it an attractive buy

Info Edge Ltd (Naukri), part of the consumer service industry, has been trading above the breakout level of a Cup and Handle pattern on the daily charts. Short-term traders can look to buy the stock for a possible target of 5900 in the next 6-8 weeks, suggest experts. The stock gave a breakout from a Cup and Handle pattern in December 2023. The neckline of the pattern was placed around 4900-5000 levels.

11.01 / 04:03

COST Manufacturing Action Trade country reports India must rationalize its import duty regime

Indian policymakers are expected to fix inverted import duties for sectors like textiles, leather and engineering goods, so that inputs are not charged at a higher rate than ready-to-use products. The commerce ministry has reportedly reached out to the finance ministry to sort out such distortions for more than a dozen items in the Union budget. Manufacturers have long sought corrections, as high input duties increase local production costs, but government action has been slow.

11.01 / 04:03

markets Target Action security Research trends Trade Day trading guide for stock market today: Six stocks to buy or sell on Thursday — 11th January

Stock market today: On account of Reliance Industries Ltd's (RIL) share price hitting a lifetime high on Wednesday, the Indian stock market extended its Tuesday gains and ended higher for yet another session. The Nifty 50 index finished 73 points higher at the 21,618 level, the BSE Sensex surged 271 points and closed at the 71,657 mark whereas the Bank Nifty index gained 118 points and ended at the 47,360 level. The mid-cap index rose less than the Nifty 50 index even as the advance-decline ratio remained positive at 1.10:1.

11.01 / 02:45

markets Provident ETF SEC Action Trade Bitcoin Spot bitcoin ETFs will be in SEC’s crosshairs

The SEC has at long last approved spot-price bitcoin ETFs, though it did not do so entirely willingly and will all but certainly be watching product providers very closely.

10.01 / 20:13

Target Action Software wellness reports PagerDuty adds 15% on takeover rumors; RBC says M&A interest could come from large tech players

PagerDuty (NYSE:PD) shares rose more than 15% following a report from Bloomberg News that the software company is actively exploring options in response to takeover interest from private equity firms.

10.01 / 19:27

UPS Action community consequences strain Relationships The Last of Us Part II: Here’s what happens with Ellie and Abby in the climax

The Last of Us Part II unfolds, it not only grapples directly with the aftermath of Joel's choices but does so with heightened moral and emotional complexity, sparking controversy upon its release.

10.01 / 19:03

UPS Action economy Election Research community show US adults across racial groups agree the economy is a top priority, AP-NORC and AAPI Data polls show

Black, white, Hispanic and Asian adults in the U.S. largely agree that the government should focus on the economy and foreign policy issues in 2024

10.01 / 19:03

Action economy Research track reports rights NOT Carbon pollution is down in the US, but not fast enough to meet Biden's 2030 goal

Pollution from greenhouse gases declined by nearly 2% in the U.S. in 2023.

10.01 / 19:03

Action Fighting students Universities stage Schools rights California faculty at largest US university system could strike after school officials halt talks

Faculty at California State University could stage a systemwide strike later this month after school officials ended contract negotiations with a unilateral offer of a 5% pay raise, far below what the union is demanding

10.01 / 19:03

Action Software community Justice show Investigations Scandals Hundreds of UK postal workers wrongly accused of fraud will have their convictions overturned

Britain’s Prime Minister Rishi Sunak says he will introduce measures to overturn the convictions of more than 900 post office branch managers who were wrongly accused of theft or fraud because of a faulty computer system

10.01 / 18:47

markets Ripple XRP Action Strategy performer Ripple May Dump Over 96 Million XRP Soon

In December 2023, Ripple (XRP), executed a significant transaction involving its XRP tokens. The company spent 240 million XRP, valued at approximately $148.80 million, strategically managing its escrowed reserves. This move left 96.34 million XRP in Ripple's principal spending wallet, marked «Ripple (1)», with an estimated value of $59.73 million, aimed at stabilizing the XRP market.

10.01 / 18:27

markets Binance CEO Action Compilation Justice Department Crypto Companies Crypto Companies Fined $5.8 Billion In 2023, TradFi Less Than $900 Million

Crypto companies received more fines for poor money controls than traditional financial firms for the first time ever in 2023, according to data compiled by the Financial Times.

10.01 / 16:57

Action security show Videos RCMP ‘looking into’ incident involving Freeland, Rebel News personality

RCMP is reviewing an interaction that had Rebel News commentator David Menzies arrested while trying to ask Finance Minister Chrystia Freeland a question outside an event.Sgt.

10.01 / 13:43

Provident Action Assurant film reports rights Bollywood producer files police complaint against Anand Pandit and Sandeep Singh for alleged fraud

Bollywood producer Acharya Manish has officially filed a police complaint against his colleagues, Anand Pandit and Sandeep Singh, accusing them of defrauding him of Rs 14 crore related to an investment in a film. The complaint, submitted by Manish, reveals that in early 2019, Pandit and Singh approached him with an investment opportunity in a film. Allegedly, they provided assurances of granting Manish the first recovery rights, ensuring that he could recover his investment once the film was released.

10.01 / 13:31

markets Digital ETF SEC Action security Bitcoin Bitcoin Price Prediction: Dips to $46,000 Amid SEC Security Flaw & ETF Turmoil

In a market marked by heightened sensitivity to regulatory actions, Bitcoin’s price experienced a notable dip to $46,000, reflecting nearly 1.50% decrease on Wednesday. This latest fluctuation in the world’s premier cryptocurrency comes amid news of a security oversight at the U.S. Securities and Exchange Commission (SEC).

10.01 / 13:16

MET Action Election Andhra Pradesh polls: EC committed to inducement-free elections, says CEC Rajiv Kumar

Election Commission is committed to conduct transparent and inducement-free polls, Chief Election Commissioner Rajiv Kumar on Wednesday said instructions have been issued to officials to deal sternly with all offenders. Addressing a press conference here, Kumar said the commission has emphasised and given clear and firm directions to election machinery and the entire bureaucracy to be impartial, transparent and accessible to all stakeholders. He said the EC team has met several political parties who have made several requests ranging from curbing of cash distribution to influencing votes and strict enforcement for inducement-free elections.

10.01 / 13:11

Action love show voice singer stars Videos Taylor Swift fans scammed by AI-generated Le Creuset endorsements

Taylor Swift fans by releasing fake advertisements employing AI-generated videos of the Grammy winner peddling Le Creuset ovens in an attempt to steal money and data from fans. The ad shows the singer-songwriter standing next to the Le Creuset Dutch oven, which, runs between $180 to $750, depending on the size and style. The fake Taylor Swift tells fans that she is 'thrilled' to be giving away free sets of expensive cookware, but only if they click on a link and answer a few questions.

10.01 / 07:19

Action security Election President country song International Beijing will 'never compromise' on Taiwan: Chinese military tells US

Beijing will «never compromise» on the issue of Taiwan and urged them to stop «provocative actions» in the South China Sea, the defence ministry said Wednesday. China «stressed that it will never compromise or back down on the Taiwan issue,» the ministry said in a readout of the talks in Washington, held Monday and Tuesday, urging the United States to «stop arming» the self-ruled island, which is holding elections this week.

10.01 / 05:31

Waves Target Action Moodys show hospital reports Delta Corp shares plunge 5% after weak Q3 FY24 earnings

Delta Corp, an online gaming firm, plunged 5% to ₹143.10 apiece in early deals on Wednesday after the company delivered a weak set of numbers for the December-ending quarter (Q3 FY24). The company on Tuesday reported a consolidated net profit of ₹34.48 crore in Q3 FY24, marking a substantial decline of 59.34% compared to the net profit of ₹84.82 crore in the corresponding period of the previous year.

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