Action Financial News
14.09 / 10:29
Target
Progressive
Ford
CEO
Action
Strategy
UAW
UAW Chief rejects offers from Detroit Companies, calls it ‘inadequate’ — Will the auto strikes begin from September 15
United Auto Workers (UAW) President Shawn Fain conveyed his dissatisfaction on Wednesday, emphasizing that the offers from the automotive companies were insufficient, and the union is preparing for a potential strike.
14.09 / 09:45
UPS
Platform
Action
Gap
Chevron
cover
Loading bans hit Chevron’s LNG as output cut
Unions have started a ban on tanker loadings at Chevron’s Wheatstone and Gorgon LNG plants in Western Australia in an escalation of industrial action that raises the likelihood of disruptions to exports and higher gas prices.
14.09 / 08:23
Disney
Action
Orange
film
star
Viacom18 partners Black White Orange for ‘action film ‘Fighter’s’ merchandise line
Black White Orange, a licensing and brand solutions agency in India, has been appointed as the licensing partner by Viacom18 Studios for its new action film Fighter starring Hrithik Roshan and Deepika Padukone. The range, including apparel and accessories to collectibles and memorabilia, will also be available on the D2C brand www.a47.in.
14.09 / 08:23
UPS
Action
COP
BURST
Indian
Who was Jaahnavi Kandula, the Indian student who was killed by US cop in Seattle
Consulate General of India in San Francisco has raised concerns over the handling of an Indian-origin woman, Jaahnavi Kandula, who was killed by a police vehicle, and has also demanded a through investigation and action against those involved. Jaahnavi Kandula, daughter of a single mother hailed from Andhra Pradesh. She was pursuing her master's degree at Northeastern University in Seattle and went to the US in 2021 from Bengaluru on a student exchange program.
14.09 / 07:29
Target
Action
Jewellery
Haryana: Burglars rob home; take away jewellery, even college certificates and Aadhaar card
burglars targeted a residence in Khera Khurampur village, Farrukhnagar, in Haryana's Gurgaon district, making away with a significant sum of money and valuable jewellery worth approximately Rs 1 lakh. What sets this burglary apart is that the culprits also made off with something more irreplaceable: the educational certificates of the homeowner's daughter. The victim, Pradeep Kumar, reported the incident to the Farrukhnagar police station two days after the alleged burglary took place, shedding light on the audacity of the thieves.
14.09 / 07:15
UPS
Action
Indian
'Adani scam' exposed role of tax havens in hiding violation of Indian regulations: Congress
Congress on Thursday alleged that the «Adani scam» has exposed the role tax havens play in hiding large-scale violation of Indian laws, and said the issue should have discussed at the recent G20 Summit. It also said that if a Joint Parliamentary Committee (JPC) probe is ordered into the allegations against the Adani Group, it will have to make sure that any loopholes for round-tripping and money-laundering are effectively shut. In a post on X, Congress general secretary Jairam Ramesh said the rise in Indian outward direct investment in the past 25 years has been a sign of deepening globalisation. «However, it is disturbing that offshore tax havens like Bermuda, Jersey and Cyprus rank among the top 10 destinations for Indian investment, according to the RBI,» he said. This is in addition to Mauritius that has long been suspected as a preferred destination for Indian money-laundering and round-tripping, the Congress leader noted. «The Adani MegaScam has exposed the critical role such tax havens play in hiding the large-scale violation of Indian laws and regulations.
14.09 / 05:49
Provident
Action
Enterprise
Nov
show
beautiful
Who is Emma Coronel Aispuro? Wife of notorious Mexican drug lord El Chapo who was released from U.S custody
Emma Coronel Aispuro, the wife of the infamous Mexican drug lord Joaquin “El Chapo” Guzman, has been released from federal custody. Coronel Aispuro, who was convicted for aiding her husband in running his multibillion-dollar criminal empire, reached a plea deal with federal prosecutors in 2021. Her charges included money laundering conspiracy and engaging in transactions with a foreign narcotics trafficker. Coronel was released following 27 months of incarceration. Currently, she is subject to supervised release.
14.09 / 05:49
UPS
Citi
Progressive
Platform
Action
Assurant
Indian
Outrage in US over death of Indian student; US assures prompt action and investigation
Biden administration has assured the Indian government of a quick investigation into the death of Indian student Jaahnavi Kandula in Seattle after being struck by a speeding police patrol car and bringing to justice the police officers who were responsible for it. The US government swung into action after India's Ambassador to the US, Taranjit Singh Sandhu, strongly raised the issue at the highest level in Washington and sought prompt action on the killing of Kandula, and the highly insensitive behaviour of the police officer in Seattle in Washington state. Kandula was killed in January after she was struck by a police vehicle driven by Officer Kevin Dave.
14.09 / 04:47
UPS
Twitter
Platform
Action
Fighting
social
lawsuits
elon
Elon Musk's X Corp. agrees to try to settle lawsuits over mass layoffs
Elon Musk’s X Corp. has agreed to try to settle claims by thousands of former Twitter employees who say they were cheated of severance pay when the billionaire laid them off after acquiring the social media platform last year, according to a memo by a lawyer for the workers seen by Bloomberg News.
14.09 / 04:47
UPS
Manufacturing
Action
Deal
week
Mumbai
Bombay Dyeing shares hit 20% upper circuit, scale 52-week high on Mumbai land deal
Bombay Dyeing & Manufacturing Company (BMDC) hit 20% upper circuit to scale their 52-week high of Rs 166 on the NSE on Thursday following a nod from the Wadia Group's company's Board to the proposal to sell the land parcel of about 22 acres in Worli, Mumbai to Goisu Realty, a subsidiary of Japanese realty developer Sumitomo for Rs 5,200 crore. This is Mumbai's largest land deal in terms of value. The price action was accompanied with high volumes as over 1 crore shares traded on the NSE around 9:30 am. The whole transaction with Sumitomo will be completed in two phases including the first tranche of Rs 4,675 crore. The balance Rs 525 crore will be received upon completion of certain conditions by BDMC and execution and consummation of the definitive agreements for the second phase. The group has decided to monetise the land parcel to repay the debt that currently stands at Rs 3,969 crore.
14.09 / 04:47
Lowe's
Action
Remark
country
Ukraine clarifies on ‘intellectual potential’ remark, acknowledges 'global roles' of India, China
Also read: Ukrainian official says India has 'weak intellectual potential’, 'doesn't fully understand...' “Of course, Turkey, India, China, and other regional powers are increasingly and clearly justified in claiming global roles in the modern world - and there are all the reasons for this: historical, economic, cultural, scientific, and political. And these roles have long been much more extensive than Russia’s. But the global world is much broader than even the most thoughtful regional national interests," Podolyak said.
14.09 / 04:47
Digital
Action
star
Pakistan vs Sri Lanka: When, where and how to watch; live-streaming details
International Cricket Stadium in Colombo, Sri Lanka. If you're planning to catch the action from the comfort of your home, tune into the Star Sports Network for live broadcast.
14.09 / 04:33
Provident
Action
Remark
Highways
stage
country
blues
Why Steel Stocks Are Rising
rapid expansion of its infrastructure. This sector has played a pivotal role in bolstering the nation's economic landscape, making substantial contributions to its GDP, and offering gainful employment opportunities to millions of individuals. Out of the blue on Monday this week, shares of Vallabh Steels, Prakash Industries, Jindal Stainless, Steel Authority of India, and Steel Exchange of India surged by an impressive 11%.
14.09 / 04:33
UPS
Provident
Waves
Extreme
Action
BAY
With AI, Himanshu Gupta is giving the climate forecast for supplychains a makeover
Himanshu Gupta knows full well the heavy toll climate change is taking on agriculture. Growing up in India and eventually working in public policy, he saw how the unpredictably late monsoon season was damaging crops and worsening farmers’ lives. “I always knew there was a big problem,” he said of the climate change-fueled dangers to agricultural commodities like cotton and the resulting impact on livelihoods.
14.09 / 04:33
Provident
Waves
Action
Apple
Software
fun
What's new in iOS 17 & iPadOS 17? Live voicemail, StandBy Mode & more from Apple's latest software update arriving on September 18
iOS 17 and iPadOS 17 software update on September 18, bringing a wave of exciting new features and improvements for iPhone and iPad users. These announcements came during Apple's recent iPhone 15 launch event, following their initial reveal at the Worldwide Developers Conference (WWDC) back in June.
14.09 / 04:33
UPS
Progressive
Action
SAP
Kerala govt attempts to control spread of Nipah Virus: Here's what you need to know about Nipah
Kozhikode, Kerala, has been diagnosed with Nipah fever, adding to the mounting number of cases. This development comes just a day after four people were proven to be afflicted with the Nipah virus, two of whom tragically died. With this recent case, the total count of Nipah patients receiving treatment in the district now stands at three. The other two individuals are the nine-year-old son and the 25-year-old brother-in-law of Mohammedali (47), the index case, who regrettably succumbed to the virus on August 30.
14.09 / 03:49
Provident
Target
Action
NIFTY
SENSEX
Stock market today: What to expect from Nifty, Sensex, Bank Nifty in trade on September 14
Indian stock market is likely to open higher on Thursday led by positive global cues as the Asian markets traded higher while US stocks ended mixed overnight. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading higher at 20,183 level as compared to the Nifty futures’ previous close of 20,129.
14.09 / 03:45
UPS
Target
Action
Fighting
Remark
audience
Biden brushes off House impeachment inquiry and says Republicans want to shut down the government
Biden late on Wednesday brushed off the House Republicans' impeachment inquiry, saying the way he sees it, they launched the investigation against him because they want to shut down the federal government. Biden, speaking at a Democratic fundraiser in Virginia, said that instead of being concerned about the probe, «I'm focused on the things the American people want me focused on». The president's remarks were the first since Speaker Kevin McCarthy announced the launch of a Biden impeachment inquiry while the Republican House leader is also struggling to shore up votes to fund the government and prevent a federal shutdown. «The best I can tell is they want to impeach me because they want to shut down the government,» Biden said. He also made a reference to Rep.
14.09 / 02:51
Lowe's
Target
Action
Big movers on D-Street: What should investors do with NIIT, PNB and Aarti Drugs?
Stocks that were in focus included names like NIIT, which rose 20%, PNB, which gained 8.5%, and Aarti Drugs, whose shares jumped 3% on Wednesday. Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.NIIT — BuyThe stock broke out of an ascending channel pattern and we have seen a stupendous move of 70% in the current week. On weekly charts we may see some pullback in price but a fresh high on the relative strength chart in comparison to nifty-50 and 14 period RSI depicting new highs for the stock in coming days. Hence we reckon buy rating for targets of 145 and 150 with stop below 130.PNB — BuyAfter breaking out of the symmetrical triangle pattern on the daily chart. Stock formed a darvas box and we have seen clean breakout from the same with higher than average volumes. New high on the relative strength chart in comparison to nifty-50 and 14 period RSI compliments the price action.
14.09 / 02:51
UPS
AXY
Action
Strategy
NIFTY
show
Weekly
Positive action likely on weekly expiry. What should Nifty traders do?
Nifty's weekly series expires today, it was marked with long additions with an increase in price of 3.66% and increase in open interest (OI) by 8.12% where 8.61 lakh shares were added in OI, increasing from 106.06 lakh to 114.67 lakh shares as on Wednesday. The Nifty September series rollover stands at 12% with sentiment indicator Nifty Put Call Ratio (PCR) currently at 1.25, indicating a flat-to-positive movement for expiry. As for the Bank Nifty which had a weekly expiry on Wednesday, the series witnessed short covering with an increase in price of 3.87% and decrease in OI by 16% where there was shedding of over 4 lakh shares in OI, decreasing from 25.17 lakh to 21.15 lakh shares. The Bank Nifty August series rollover stands at 17%. Implied Volatility of Nifty ATM options for the current series is at 12.48%, while India Vix is at 11.63% both indicating a slightly higher Volatile movement on either side in expiry session compared to last weekly expiry, analyst Rajesh Palviya, Senior Vice President, Technical and Derivatives Research at Axis Securities said. Palviya said that the Nifty Put options OI distribution shows that 20,000 has highest OI concentration followed by 19,900 and 19,800 which may act as support for today's expiry and on the Call front 20,100 followed by 20,200 and 20,300 witnessed significant OI concentration and may act as resistance.
14.09 / 02:51
Provident
Cooper
Action
Fighting
Matthews
country
Deal
"Won't hesitate to impose additional..:" US warns Russia, N Korea of more sanctions over arms deal
Russia and North Korea as Kim Jong Un arrived in Moscow to meet President Vladimir Putin recently, giving rise to the concerns of a possible arms deal between the two countries, which has remained the talk of the town for quite sometime now. In a press briefing on Wednesday, the official spokesperson of the US Department of State, Matthew Miller said, «And then I want to speak specifically for a second about the idea of North Korea providing weapons to Russia, which I spoke to the other day but I don't think you were here. One, just the overall context, and one thing it's important to restate again, that a year and a half ago Vladimir Putin launched this war thinking he was going to restore the glory of the Russian empire, failed in all of his maximalist, imperialist aims, and now a year and a half later, after losing tens of thousands of Russian soldiers and spending billions and billions of dollars, here he is begging Kim Jong-un for help.» «So it says something about the overall context of how this war is going for Russia.
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