Action Financial News
15.09 / 08:23
UPS
Ford
Manufacturing
Action
Strategy
Chevrolet
What people are saying about the US auto worker strike
(Reuters) — The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler parent Stellantis (NYSE:STLA) on Friday, kicking off the most ambitious U.S. industrial labor action in decades.
15.09 / 08:05
UPS
Booking
Career
Manufacturing
Action
performer
share price
surges
NIIT share price surges about 56% in September so far; should you buy? Here's what experts say
₹1,200 crore by FY27-28. The confidence stems from the belief that the IT sector which is poised to grow strongly has its focus on reskilling as a critical priority and NIIT is well-positioned to absorb the benefits and expand its business into emerging sectors through organic as well as inorganic growth. The company has cash reserves of ₹700 crore, which it has earmarked for potential mergers and acquisitions.
15.09 / 08:05
Action
Mumbai
Mumbai's popular eatery joint ‘Bademiya’ sealed over food license, unhygienic kitchen issues
India Today report, the raid by the FDA was carried out after several hygiene-related complaints. Sources told India Todaythat during the raids, officials found cockroaches and rats in hotel's kitchen. Moreover, it was also found that the establishment also did not have a valid food licence.
15.09 / 08:05
UPS
Target
Manufacturing
Action
NIFTY
services
Financial
Market ignoring risks; no room for unbridled optimism, says V K Vijayakumar of Geojit Financial Services
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services believes the real worry is that many small and micro caps of doubtful quality are also participating in the bull run, driven purely by emotion and momentum. In this segment, a crash is inevitable. In an interview with Mint, Vijayakumar explained why he thinks the market is ignoring risks. The market is buoyant with a year-to-date (YTD) return of about 11 per cent in the Nifty.
15.09 / 07:03
Target
Action
Mobile
services
Mobile internet services suspended in Haryana's Nuh
PTI. "It has been brought to my notice by Deputy Commissioner, Nuh, vide his request dated September 14 that there is an apprehension of causing tension, annoyance, agitation, damage of public & private property and disturbance of public peace & tranquillity in the district," Prasad said. Ferozepur Jhirka legislator Mamman Khan was identified as a suspect in an FIR filed subsequent to the communal clashes, and he was taken into custody by the Haryana Police late last night, PTI reported.
15.09 / 04:51
Action
SpiceJet complies with Supreme Court order; makes $1.5 million payment to Credit Suisse
Read here: SpiceJet-Credit Suisse Case: SC warns SpiceJet to settle Credit Suisse dues or face 'drastic action' Earlier, it was reported that a third of the amount is part of a monthly settlement plan SpiceJet had previously agreed with Credit Suisse, and the rest are unpaid dues to the bank. In March, Credit Suisse filed a request with the Supreme Court to commence contempt proceedings against SpiceJet and its founder, Ajay Singh, due to alleged deliberate and intentional non-compliance with court orders and failure to settle a $3.9 million debt as stipulated in a prior settlement agreement between the parties.
15.09 / 04:09
UPS
Target
Action
HSBC
TCS
Power
Hot Stocks: Brokerages on Tata Motors, Titagarh Rail, TCS and CG Power
Tata Motors, Tata Consultancy Services (TCS), Titagarh Rail Systems and CG Power and Industrial Solutions, which might move their stocks on Friday. After the launch of new Tata Nexon EV Facelift, Nomura reiterated a buy on Tata Motors, while HSBC took a buy view on Titagarh Rail as railway stocks see top action. As for TCS and CG Power, buy rating was recommended by DAM Capital and Spark.We have collated a list of recommendations from top brokerage firms from ETNow:Nomura on Tata Motors: Buy | Target: Rs 786 Nomra has maintained a 'Buy' view on the counter while placing the target at Rs 786.
15.09 / 02:49
COST
Target
FIVE
Action
show
electronic
U.S. aims new sanctions at Russian military supply chains
sanctions packages related to the war in Ukraine, penalizing more than 150 companies and individuals that officials said were profiting from Russia's invasion and their proximity to the Kremlin and President Vladimir Putin. The sanctions are part of the U.S. effort «to target Russia's military supply chains and deprive Putin of the equipment, technology, and services he needs to wage his barbaric war on Ukraine,» Treasury Secretary Janet Yellen said in a statement. «Today's actions show our global reach in imposing severe costs on Putin's oligarchs,» she added. The Treasury Department's sanctions targeted nearly 100 Russian military-linked elites and individuals — including some in Turkey, Georgia, Finland and the United Arab Emirates — involved with Russia's industrial, financial and technology industries.
15.09 / 02:41
Action
Strategy
NIFTY
SENSEX
Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on September 15
Indian stock market indices are likely to open on a positive note Friday following strong cues from global peers. Asian markets traded higher, while the US stock market closed in the green overnight. The trends on Gift Nifty also indicate a higher start for the Indian benchmark index.
15.09 / 02:31
FIVE
Progressive
Extreme
Action
show
track
country
‘Not even close’ as warming heads for 2.5 degrees: WoodMac
The world is tracking towards 2.5 degrees warming by 2100 and a massive 50 per cent increase in global capital investment is needed to put it on course for net zero emissions by 2050, and to cap warming at the most ambitious goal of 1.5 degrees in the Paris Agreement.
15.09 / 01:43
Provident
Platform
Action
Indian
Trading members of Indian stock market to get acccess to IRRA platform to overcome technical glitch, outages
Indian stock market is going to introduce Investor Risk Reduction Access (IRRA) platform for trading members. As per the SEBI circular, from 3rd October 2023, trading members will be given access to IRRA across exchanges. As per the circular available on NSE website, “It is hereby informed, that the Investor Risk Reduction Access (IRRA) will be accessible to Trading Members across Exchanges starting from October 3, 2023." IRRA platform will be available to the TMs supporting Internet Based Trading (IBT) and Security Trading through Wireless Technology (STWT) for their investors.
14.09 / 21:57
COST
UPS
Career
Action
star
Collision that divided AFL raises the cost of concussion crisis
Former high-flying Melbourne football star Shaun Smith is determined to make the AFL pay, warning this week’s decision to clear Collingwood defender Brayden Maynard after a sickening collision with a rival player shows officials are still not taking concussion seriously enough.
14.09 / 20:03
Waters
Manufacturing
Action
country
cover
businesses
FSSAI lodges 1,411 prosecution cases against food businesses since April
Food regulator FSSAI on Thursday said 1,411 prosecution cases have been filed since April against food business operators (FBOs) found to be violating food safety laws. The Food Safety and Standards Authority of India (FSSAI) said in a statement that it has taken stern action against FBOs found to be violating food safety laws. «According to the records, 1,411 prosecution cases have been initiated against FBOs found violating the provisions of the Food Safety and Standards (FSS) Act, 2006, since April 1, 2023,» it said. The prosecution initiated against the FBOs covers different violations committed, including carrying out a food business without a valid license and manufacturing or selling unsafe food. Since the beginning of this financial year, a number of food products across various categories like milk and milk products, spices, packaged drinking water, nutraceuticals, sauces, pickles, chips, jaggery, etc.
14.09 / 19:07
FIVE
Action
Entertainment
Sony
show
stage
Time
SAT doubts if Sebi will conclude probe into Goenka case on time
The Securities Appellate Tribunal has raised concerns about the credibility of Securities and Exchange Board of India (Sebi) regarding the time taken to complete investigations, particularly in relation to Zee promoter Punit Goenka’s case. “Your credibility to complete investigations within a stipulated period is not there," said the SAT bench led by Justice Tarun Agarwala. “There is no certainty that these eight months won’t be extended…Past record of Sebi is that they have always extended it.
14.09 / 19:03
COST
UPS
Action
Airlines
show
social
Qantas can keep outsourcing, but should it?
Qantas will need to think carefully how it balances its social obligations with its cost rationalisation program, but it is not prevented from continuing to outsource workers after the High Court denied its appeal, a leading academic says.
14.09 / 18:31
Provident
Aware
Action
HSBC
HSBC to boost startup funding across sectors
startups after exhausting 80% of the $250 million earmarked last year, a senior executive said, underscoring the lender’s focus on the sector facing funding challenges. Ajay Sharma, head of commercial banking at HSBC India, said the lender banks 45% of Indian unicorns, and is willing to meet some working capital requirements of startups, while pushing them to maintain high corporate governance standards. Instances of delayed financial reporting and alleged fraudulent practices by some large startups have put the spotlight on governance issues at some entities that have raised billions of dollars from investors.
14.09 / 18:15
Cooper
Action
country
Earth is in 'danger'! Scientists blame human activities in study
Earth into a danger zone. The study reveals that human actions have breached the boundaries of limit and several key indicators of planetary health.
14.09 / 18:02
UPS
Provident
BLOCK
Waters
Fox
Action
Power
Biden administration restores the power of states and tribes to review projects to protect waterways
States and Native American tribes will have greater authority to block energy projects such as natural gas pipelines that could pollute rivers and streams under a final rule issued Thursday by the Biden administration
14.09 / 17:49
UPS
Action
Mobile
show
social
Nipah virus outbreak: Kerala gets antibody, mobile lab to combat the deadly virus
Nipah virus. The stability of the antiviral was discussed with a central expert committee, Kerala health minister Veena George said. "Further steps or course of action would be decided by the expert committee," George referred to consultations between the state government and the Union health ministry.
14.09 / 17:39
Action
Fighting
Assurant
Strategy
country
voice
India’s G20 presidency has initiated the process of creating a climate-friendly world
G20 presidency has been a resounding success. With 112 outcomes and documents, India's presidency more than doubled the substantive work done under other presidencies.
14.09 / 17:19
COST
MET
Digital
Progressive
Action
S&P warns of possible credit rating downgrade for Vedanta Resources over debt policy shifts
Vedanta Resources financial policy regarding debt transactions may result in a potential downgrade of its current 'B-' rating to 'CCC' or 'CC,' as detailed in their credit FAQ addressing the implications of a liability management exercise for Vedanta Resources' credit rating. This rating action will happen if Vedanta tries a debt deal without enough compensation or buys back debt at a lower price than its face value in secondary markets. If Vedanta goes through with such a deal, S&P would probably lower Vedanta's rating to 'SD' and the bond ratings affected by this would drop to ‘D'.
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