Aware Financial News
02.08 / 10:03
VISA
Aware
country
Swiss
Travelling to Switzerland to get tougher? Swiss embassy suspends Schengen visa applications for Indians next few months
Indian tourists. Commenting on the matter, the Head of Markets East at Switzerland Tourism, Simon Bosshart said, as cited by SchengenVisaInfo, he is aware of the problem.
02.08 / 09:57
Provident
Aware
CEO
Align
Parke
performer
track
Dubai gets AI-powered smart pedestrian crossing system. How it works
Dubai Silicon Oasis (DSO) in partnership with Derq has implemented of 14 AI smart pedestrian crossing systems. This achievement follows extensive testing over a period of two years. Dubai Silicon Oasis, a technology park and a a member of the Dubai Integrated Economic Zones Authority, provides both integrated living and working community facilities.
02.08 / 09:39
Citi
FIVE
Aware
Mobile
Parke
PepsiCo
social
Pepsico's plastic waste management program reaches Agra
PepsiCo India expanded its plastic waste management program to Agra, the company announced on Wednesday. This campaign focusses on education and awareness around plastic circularity. In partnership with The Social Lab (TSL) and the Agra Nagar Nigam, Pepsico's "Tidy Trails" program will share practices related to plastic waste management with shopping establishments.
02.08 / 09:17
COST
Citi
Digital
Aware
Entertainment
Record 82,628 companies, LLPs incorporated between April and July: MCA
Ministry of Corporate Affairs (MCA) said on Wednesday. Similarly, as many as 1.96 million forms were filed on the MCA21 (Version 3, or V3) portal between April and July, it said in a series of tweets.
02.08 / 06:23
UPS
Reuters
Aware
Manufacturing
country
Deaths
India finds lapses at cough syrup maker linked to Cameroon deaths
India has found violations related to manufacturing and laboratory practices at drugmaker Riemann Labs, whose cough syrup was linked to child deaths in Cameroon, a government health official told Reuters on Wednesday. Indian authorities have stepped up scrutiny of drugmakers after some cough syrups made in the country were linked to deaths of dozens of children overseas.
02.08 / 04:43
COST
Aware
Racing
Remark
Enterprise
Adani’s Ambuja-ACC is frontrunner to acquire Sanghi Cements
Adani group’s Ambuja-ACC has emerged the frontrunner to acquire Sanghi Cements after deal negotiations moved forward over the course of the past one week and the Adani group companies proposed better acquisition terms, according to people aware of the matter. Ambuja-ACC and JK Lakshmi Cement are leading the race to acquire Ahmedabad-based Sanghi Cement, ET had first reported on 25 July. As per sources aware of the matter, Adani group has come close to the expected enterprise value of Rs.
02.08 / 01:23
Provident
Aware
Manufacturing
Apple
Tesla
country
Tesla's Chinese vendors may get to Make in India
India could consider allowing Tesla's foreign vendors, notably those based in China, to manufacture critical components in the country but the government is not in favour of any company-specific exemptions, sources aware of the matter said. This assumes significance as some key components of electric vehicles such as battery cells are imported from China. Tesla has expressed interest in bringing its own supply chain ecosystem to India.
02.08 / 01:23
UPS
Aware
Suzlon looks to raise up to Rs 1,800 crore via QIP
Suzlon Energy is planning to hit the public market this month to raise ₹1,500-₹1,800 crore by selling shares to institutional investors, as the wind turbine maker looks to substantially reduce debt amid its ongoing efforts to turn around the business, said people aware of the development. The turbine maker, founded by the late Tulsi Tanti, has gone through two rounds of debt restructuring in its lifetime, the latest one in 2020 when its lenders decided to restructure the company's over ₹13,000 crore debt. From 2020, through the restructuring, promoter capital infusion and a rights issue, the company has brought down its gross debt to ₹1,806 crore as of June 30, 2023 and a positive consolidated net worth of ₹1,297 crore.
01.08 / 23:03
UPS
Waves
Aware
track
Greece's government is planning tougher penalties for arson following a spate of wildfires
Greek authorities are planning tougher penalties for arson with fines to be increased to 10 times the current level
01.08 / 23:03
01.08 / 19:51
UPS
Provident
Digital
Aware
country
Digital Personal Data Protection bill in Lok Sabha on Thursday
New Delhi: Telecom and IT minister Ashwini Vaishnaw will introduce the digital personal data protection bill in Lok Sabha on Thursday, the government said in a notification. "Shri Ashwini Vaishnaw to move for leave to introduce a Bill to provide for the processing of digital personal data in a manner that recognises both the right of individuals to protect their personal data and the need to process such personal data for lawful purposes and for matters connected therewith or incidental thereto. Also to introduce the bill," the notification said.
01.08 / 19:05
UPS
Provident
Aware
Manufacturing
Mobile
awards
Hyundai
Existing ACC battery units may be able to apply for PLI
NEW DELHI : The government is considering a proposal to allow existing advanced chemistry cell (ACC) battery storage projects to apply for unutilized capacity under the production-linked incentive (PLI) scheme for the sector, two people aware of the matter said. At a 24 July meeting, some industry executives proposed allowing brownfield projects to apply for the capacity not allotted to greenfield projects, according to the people cited above. Currently, only greenfield projects are eligible for the scheme.
01.08 / 17:53
Waves
BLOCK
Aware
Platform
Software
Pool
Enterprise
Buyback
Moglix eyes follow-on round, Esop buyback
Mumbai: B2B e-commerce platform Moglix is in talks with both existing and new investors to secure a secondary round worth $30-35 million. A substantial portion of it will be an employee stock option buyback, said two people aware of the development. The secondary is estimated to be at 15-20% discount to the company’s primary valuation of $2.6 billion.
01.08 / 17:23
Provident
Aware
Fighting
Remark
country
Ready to hold talks with India on all outstanding issues: Pak PM Shehbaz Sharif
Pakistan Prime Minister Shehbaz Sharif on Tuesday offered talks with India to address all serious and outstanding issues as he said “war is not an option” for both countries as they fight poverty and unemployment.
01.08 / 16:43
Provident
Aware
Mobile
Enterprise
Telstra
exclusive
Vocus to pay $6.3b for TPG Telecom fibre networks
TPG Telecom’s shares soared to their highest level in a year after the communications business confirmed it is in exclusive talks with the Vocus Group to sell some of its fibre assets in a deal valued at $6.3 billion.
01.08 / 16:41
UPS
Citi
Provident
Aware
Remark
Discover
US Woman conceived via sperm donation finds out she has 65 siblings; This is her story
USA TODAY, Brenna Siperko, a 20-year-old from Ellicott City, Maryland, shared her remarkable journey of discovering her half-siblings conceived through sperm donation. Growing up in a single-child household until her mom and stepdad welcomed her younger brother, Brenna had always been aware of her unique conception. However, it wasn't until January 2022 that she decided to delve deeper into her background by taking a DNA test. Her suspicions were confirmed when the test results from 23andMe revealed that she had around 13 siblings. Surprisingly, this number increased exponentially when she joined group chats, eventually connecting her to a total of 65 half-siblings she had never known before. Some of these newfound siblings have even become part of her life, as she had the opportunity to meet them in person. The journey of discovery continues, opening up new connections and relationships that she never anticipated.
01.08 / 15:49
Man
Progressive
Aware
SUN
Action
class action
Where's the beef? U.S man files class action lawsuit against Taco Bell over filling size
Taco Bell, claiming that the Mexican Pizza he purchased last September contained only half the advertised beef and bean filling. Frank Siragusa filed a class-action lawsuit in the Eastern District of New York seeking upwards of $5 million in damages for what he alleges to be «unfair and deceptive trade practices.» According to the lawsuit, Siragusa contends that had he been aware of the substantial difference in filling between the actual product and the images shown in Taco Bell's adverts, he would not have paid the $5.49 price for the Mexican Pizza. He further claims that other customers were also left disappointed with their orders, including the popular Crunchwraps. The court filing includes a side-by-side comparison of Taco Bell's website images and customers' photos of the received products. The contrast is stark, with the restaurant's images portraying vibrant and generously-filled tacos, while customers' photos depict lackluster and unappetizing items.
01.08 / 15:17
UPS
Extreme
Aware
shootings
AGRO
country
Rice export ban clogs ports with 200,000 tonnes stock
NEW DELHI : Cargos and containers full of rice are lying at Indian ports, unshipped after the government announced export restrictions with immediate effect last month. Though most cargos had obtained customs clearance before the directorate general of foreign trade put out the notification banning white rice exports on the evening of 20 July, as much as 200,000 tonnes of the grain are still lying at ports, including 5,000 tonnes at Syama Prasad Mookerjee Port in Kolkata.
01.08 / 13:39
Provident
Aware
Fighting
Remark
country
Ready to hold talks with India on all outstanding issues: Pakistan PM Shehbaz Sharif
Shehbaz Sharif on Tuesday offered to hold talks with India to address all serious and outstanding issues as he said that «war is not an option» for both countries as they fight poverty and unemployment. Sharif made the remarks while addressing the inaugural session of the Pakistan Minerals Summit here. The meeting, organised under the slogan of 'Dust to Development', aimed at bringing foreign investment to the cash-strapped country.
01.08 / 13:19
AXY
Aware
Action
Decentraland
Infinity
stage
Three Cryptocurrencies to Look Out for in 2023 – Axie Infinity, Decentraland and Pomerdoge
POMD token. At the time of this writing, POMD currently sells for $0.007 in the first stage of its presale. A 20x rally will see the token trade as high as $0.14.
01.08 / 12:51
UPS
MET
Aware
Manufacturing
show
electronic
Automobile industry to find growth a bit more challenging this year: Mahantesh Sabarad
Mahantesh Sabarad, independent market expert, says “although auto stocks have done well compared to what they were doing last year, there is a definite growth both in terms of top line and bottom line but that is not enough when it comes to the expectations and that is why some of these stocks are running out of steam.”Of the latest earnings and auto sales that we have seen, what has stood out to you in terms of the big earnings over the last couple of days or the auto sales data?Basically, in terms of auto sale numbers, what you can definitely notice is that the sales are growing quite sharply. This is partly because of the Covid effect wearing off and a lot of pent-up demand coming in.
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