Action Financial News
03.08 / 06:31
Cooper
Booking
Action
Airlines
Couple attacks Akasa air staff for denying boarding due to late arrival in Lucknow
Lucknow airport, a woman and her husband found themselves in legal trouble after a confrontation with a ground staff member of Akasa Air, which resulted in a physical altercation. The couple, who arrived late for their flight, were denied boarding, which led to a fit of anger from the woman, resulting in her physically assaulting a female staff member by slapping her. The incident occurred on Sunday evening, just before QP 1525 was about to depart for Mumbai.
03.08 / 05:39
UPS
Action
NGT panel to probe allegations of illegal mining by Brij Bhushan Sharan Singh in UP's Gonda
NGT) has formed a Joint Committee to verify the factual position and take appropriate remedial action on allegations of illegal mining by BJP MP Brij Bhushan Sharan Singh in Uttar Pradesh's Gonda district. The NGT formed a panel to investigate allegations made by Raja Ram Singh who claimed that Brij Bhushan Sharan Singh, a Member of Parliament from Kesar Ganj, was involved in illegal mining in villages such as Majharath, Jaitpur, and Nawabganj in Tehsil Tarbganj and District Gonda.
03.08 / 05:39
COST
UPS
Action
Shopify
Shopify forecasts solid revenue growth on higher prices, more signups
Shopify forecast strong revenue growth and delivered better-than-expected results for the second quarter on Wednesday, helped by new signups and price increases across its services. Merchants and businesses are turning to Shopify, which offers tools to create and manage online store-fronts, as retail spending picks up on signs of stabilizing macroeconomic conditions. «We're not just shipping products faster, but we are also expanding our global merchant base,» said Harley Finkelstein, president at Shopify.
03.08 / 05:35
UPS
Target
Action
performer
country
Jewellery
We will deliver between 12% to 13% jewellery EBIT for the full year: Ashok Sonthalia, Titan
«We have been quite satisfied with the quarter one performance and it was as per our plan. Quarter one generally is slightly weaker from the margin profile because Akshaya Tritiya which is more gold-led quarter and studded activation actually happens in quarter two,» says Ashok Sonthalia, CFO, Titan.
03.08 / 04:31
UPS
Provident
Amazon
Action
Strategy
cover
Goyal meet e-commerce firms, CAIT to discuss online retail issues
Piyush Goyal on Wednesday held a detailed discussion with representatives of e-commerce firms and domestic traders body CAIT on issues related to the sector, including the proposed policy, an official said. Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal, who attended the meeting, said that it was indicated in that the national e-commerce policy would be released by the government in the coming months. He also said that all the stakeholders agreed to implement and follow the policy in letter and spirit.
03.08 / 04:31
UPS
Progressive
Action
Fighting
Fitch
show
Fitch’s US downgrade is stoking the very fight it warned against
Democrats and Republicans on Wednesday traded blame for the downgrade, with a group of hard-right conservatives promising to dig in during a looming spending fight that could shut down the federal government as soon as Oct. 1.
03.08 / 04:09
Action
services
Evergrande services arm shares halve as trading resumes after 16 months
Evergrande Property Services Group shed 50% of their value on Thursday when trading resumed after 16 months, following the release of its financial results and the end of an investigation into misused funds involving its parent. The property services firm was dragged into financial troubles after its parent, China Evergrande Group, the world's most indebted property developer, became embroiled in a debt crisis in mid-2021 that later spread across the sector.
03.08 / 03:59
Citi
FIVE
Ball
Action
Remark
show
performer
‘No stopping Lionel Messi’: Watch Leo score two goals in Inter Miami vs Orlando City match
Lionel Messi showcased his brilliance once again as he led Inter Miami to a 3-1 victory against Orlando City in their Leagues Cup match. Despite a rain delay of an hour and a half, Messi wasted no time in making an impact. In the seventh minute after the match resumed, Messi received a pass at the top of his chest and swiftly slotted the ball into the back of the net with his left foot, giving Inter Miami a 1-0 lead.
03.08 / 03:17
COST
UPS
Booking
Google
Action
guidance
Cognizant Q2 results: Net profit down 19% on-year, 2023 revenue guidance retained
Cognizant's net profit fell 19% year on year in the second quarter to $463 million, dragged down by costs related to its 2-year «NextGen» restructuring programme announced last quarter. The company's revenue declined 0.4% year on year to $4.89 billion for the three-month period ending June. It was marginally above street estimates of $4.81 billion.
03.08 / 01:21
Facebook
Twitter
Platform
Action
Mobile
social
Haryana Nuh Violence: Mobile Internet ban to continue in 3 districts till August 5
Haryana including Nuh, Faridabad, and Palwal till August 5 as the situation remains tense after the communal clashes, the state government said on Wednesday. “In order to maintain peace and public order, mobile internet services in the jurisdictions of Nuh, Faridabad and Palwal districts & in the territorial jurisdiction of Sohna, Pataudi and Manesar sub-divisions of Gurugram district will remain suspended till August 5," the order read. “In order to stop the spread of misinformation and rumours through various social media platforms, such as WhatsApp, Facebook Twitter, etc.
03.08 / 00:51
Facebook
Platform
Action
Assurant
Mobile
social
Nuh Violence: Haryana forms team to scan social media posts after clashes
Haryana has formed a three member committee to scan recent social media posts in light of the Nuh clashes. Home Minister Anil Vij flagged the ‘important role’ played by such platforms in fuelling the recent communal clashes. Parts of the northern state will remain under an internet ban till August 5.
02.08 / 20:15
UPS
MET
Man
Action
Kingstone
reputation
Tanya Chutkan: Here’s everything to know about the judge in Donald Trump’s election case who has reputation of giving harsh sentences
Trump faces District Judge Tanya Chutkan for his alleged involvement in the 2020 election interference, he might encounter a familiar adversary. In 2021, Judge Chutkan thwarted his attempts to prevent a Congressional committee from accessing his administration's White House records with the memorable statement: «Presidents are not kings, and Plaintiff is not president.» Chutkan’s ruling breathed new life into the congressional investigation, which has now come full circle with the case brought against Mr. Trump by Special Counsel Jack Smith landing in her court randomly. This assignment could be concerning for Mr. Trump's legal team as Judge Chutkan, aged 61, has developed a reputation for delivering harsh sentences to those found guilty of involvement in the riots over the past two years.
02.08 / 19:45
02.08 / 19:35
FIVE
Man
CEO
Action
shootings
cover
Prison
Financial
An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison
The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements
02.08 / 19:07
UPS
Aware
Action
social
Horoscope Today: Money astrological predictions for August 3, 2023
Ganesha says spend some time in your favourite activities to get relief from stressful environment. Talking and discussing with relatives and neighbours will strengthen the relationship and bring some reconciliation. Any bad news can disappoint you.
02.08 / 19:07
BLOCK
Aware
Platform
Action
Racing
country
cover
GST law on online gaming from 1 October; review after 6 months
NEW DELHI : The Goods and Services Tax (GST) Council, in a divided decision, decided to amend central and state laws from 1 October to ensure that 28% GST is paid on the full value of amounts deposited by players for betting on online games, casinos, and horse races. However, redeployed winnings will be excluded from the indirect taxation. The new regime will be reviewed after six months of implementation, finance minister Nirmala Sitharaman said.
02.08 / 18:43
Facebook
Provident
MAIL
Action
Actor
star
social
controversy
Catherine Tyldesley embroiled in 'bizarre' cake controversy: What happened and who's involved?
Catherine Tyldesley, a former star on Coronation Street, is in the midst of a controversy that she finds “bizarre”. Here’s what happened. The television actor’s public relations firm asked a baker to provide a free cake for her 40th birthday this September, in exchange for publicity on social media.
02.08 / 18:13
Provident
FIVE
Action
Deloitte
social
2020
NFRA urges Delhi HC to lift stay on 2020 orders against IFIN ex-auditors
National Financial Reporting Authority (NFRA) has approached the Delhi High Court, seeking the vacation of the court's earlier directions that had effectively stayed the auditing regulator's 2020 orders against former auditors of IL&FS Financial Services (IFIN). The High Court will examine the matter on Friday along with a batch of petitions by the auditors who have challenged the constitutional validity of NFRA's power to investigate professional misconduct of auditors.
02.08 / 18:11
COST
Target
Progressive
Manufacturing
Action
Align
Govt set to auction 90 critical mineral mines
New Delhi: The central government is set to auction around 90 mines containing critical minerals, such as lithium, which had not been put under the hammer by states for almost four years, a senior government official said on Wednesday. The change in the auction process was initiated soon after the Rajya Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, earlier in the day.
02.08 / 18:03
UPS
Provident
FIVE
Booking
Ripple
Action
90 detained, all rioters will be punished: Haryana CM Manohar Lal
Nuh and its adjoining areas in Gurugram, Haryana Chief Minister Manohar Lal on Wednesday said those who are responsible for violence will be held accountable for all the losses of private properties. In the aftermath of the violence in Nuh, the state government has cleared all the land-related hurdles for setting up a camp of CRPF's anti-riot unit, Rapid Action Force (RAF), at Indri village in the district, nearly five years after the approval from the Centre. The CM also sought four additional companies of central forces and said an India Reserve Battalion will also be deployed in Nuh.
02.08 / 16:35
Lowe's
Booking
Citizens
Google
Action
Time
America’s Fiscal Time Bomb Ticks Even Louder
“Everybody who reads the newspaper knows that the United States has a very serious long-term fiscal problem." That wasn’t a quote by some financial talking head in the aftermath of Fitch’s downgrade of America’s credit rating on Tuesday. It was a reaction by then Chairman of the Federal Reserve Ben Bernanke the last time a major rating agency took that action back in August 2011. Investors could google hundreds of such warnings over the decades and conclude that the hand wringing is best ignored or even viewed as a buying opportunity.
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