BLOCK Financial News
23.12 / 16:31
23.12 / 08:33
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How scammers are using AI this holiday season to steal your money
Subscribe to enjoy similar stories. The holidays are a bonanza for scammers preying on people eager for deals. Now artificial intelligence is creating more sophisticated traps and targeting vastly more victims.
22.12 / 04:53
BLOCK
Remark
Instagram
performer
concert
singer
Headlines
AP Dhillon vs Diljit Dosanjh drama: 'Brown Munde' singer shares cryptic note after 'Lover' hitmaker claims he never blocked him on Instagram
AP Dhillon and Punjabi superstar Diljit Dosanjh has stirred headlines. During a concert in Chandigarh, Dhillon called out Diljit, accusing him of blocking him on Instagram. The comments came in response to Diljit’s recent remark at a concert where he referred to Dhillon as one of his “brothers” and wished him luck on his tour. Addressing the crowd, Dhillon remarked, “First unblock me on Instagram, and then talk to me.” This statement left fans shocked and quickly went viral. “I wasn’t planning on saying shit knowing everyone will hate on me anyways but at least we know what’s real and what’s not," Dhillon added on Instagram Stories
21.12 / 16:21
COST
BLOCK
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information
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What changes should small businesses be aware of for 2025?
For small businesses, the biggest change for the new year will be the arrival of a presumably more business-friendly administration in Washington
21.12 / 06:51
markets
BLOCK
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Experts
Block deals worth over Rs 5,683 crore this week. Reliance Industries, HDFC Bank among stocks with major action
block deals worth Rs 5,683 crore on screen, which included both buying and selling action. In the largecap segment, 15 companies witnessed significant block deals on the screen worth Rs 2,477 crore, led by Reliance Industries with 8 block counts totalling Rs 461 crore. The next in line were Zomato (Rs 343 crore), ICICI Bank (Rs 312 crore), Bajaj Auto (Rs 241 crore), Godrej Consumer (Rs 171 crore), Kotak Mahindra Bank (Rs 160 crore), Nestle India (Rs 137 crore) and HDFC Bank (Rs 114 crore).
20.12 / 19:59
COST
BLOCK
security
awards
band
recommendations
Trai recommends additional 5 MHz to Railways in 700 MHz band
safety and security applications. The railways had sought an extra 5 MHz of paired spectrum in the 700 MHz band, free of cost, to enhance safety and security systems. Following deliberations with stakeholders, the Trai has recommended assigning an extra 5 MHz to carve a contiguous block of 10 MHz of 700 MHz spectrum for the railways.
20.12 / 15:31
markets
UPS
BLOCK
Citigroup
Enterprise
WhatsApp
Goldman Sachs, Citigroup Global, 4 others buy Amber Enterprises shares for Rs 210 crore
shares of Amber Enterprises for Rs 210 crore through an open market transaction. Axis Mutual Fund (MF), Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance were the other entities, who have picked up stakes in Gurugram-based Amber Enterprises through separate block deals on the NSE. As per the data, Goldman Sachs, Citigroup Global Markets, Axis MF, Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance Company collectively purchased 3.45 lakh shares or 1.02 per cent stake in Amber Enterprises.
20.12 / 06:51
UPS
Provident
BLOCK
community
Bill
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Farmers, business owners, fire survivors face uncertainty after $100B in disaster relief flounders
American farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion i...
20.12 / 04:59
markets
BLOCK
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country
Investigations
South Korean investigators seek to question reluctant president over martial law
Yoon Suk Yeol over his December 3 declaration of martial law, summoning him for questioning on Christmas Day despite his repeated refusal to cooperate. The Corruption Investigation Office for High-Ranking Officials, which is leading a joint investigation with police and military authorities into the ill-conceived power grab that lasted only a few hours, said it plans to question Yoon on charges of abuse of authority and orchestrating a rebellion. Yoon, whose presidential powers have been suspended since the opposition-controlled National Assembly impeached him on December 14, has dodged several requests by the joint investigation team and public prosecutors while also blocking searches of his office. It's not clear what investigators can do if Yoon continues to reject their demands. Under the country's laws, locations potentially linked to military secrets cannot be seized or searched without the consent of the person in charge, and it's unlikely that Yoon will voluntarily leave his residence if he faces of being compelled to appear.
19.12 / 16:57
19.12 / 15:03
markets
UPS
IPO
BLOCK
Analysis
Healthcare
Trade
Inventurus Knowledge Solutions block deal: Norges Bank buys 34 lakh shares worth Rs 652 crore
Inventurus Knowledge Solutions (IKS) shares, which made debut on the exchanges today (Thursday, December 19), saw block deals where Norway-based Norges Bank bought over 34 lakh shares worth Rs 652 crore. Norges Bank bought shares via Norges Bank on Account of The Government Pension Fund Global in two tranches of 16.59 lakh and 17.50 lakh shares at a price of Rs 1,923.92 apiece and Rs 1,899.67 per share, respectively.
19.12 / 10:21
UPS
Citi
BLOCK
security
wellness
President
Nippon-US steel executives are running out of time to save $14 billion deal
Subscribe to enjoy similar stories. GARY, Ind.—In a meeting room facing U.S. Steel’s century-old plant, Takahiro Mori offered his vision for the plant’s next chapter under a new owner.
19.12 / 09:35
markets
BLOCK
Software
President
Experts
stage
Parliament scuffle: Congress MPs allege BJP blocked Rahul Gandhi from entering Lower House
Congress President Mallikarjun Kharge submitted a letter to Lok Sabha speaker Om Birla alleging «physical assault» by other Bharatiya Janata Party MPs, other party MPs also told that party leader Rahul Gandhi had been blocked from entering Parliament, following which a scuffle broke out between the two parties. This comes amidst INDIA bloc and NDA leaders staging parallel protests at the Parliament premises regarding the remarks of Union Home Minister Amit Shah on B R Ambedkar. During the scuffle, two BJP MPs, Pratap Chandra Sarangi and Mukesh Rajput were injured. Both MPs were admitted to Ram Manohar Lohia Hospital and are being treated for their injuries.
18.12 / 19:51
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Cybercrime
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59% Companies faced financial fraud in past 2 years: PwC Survey
As many as 59% of the Indian organisations surveyed said that they had faced financial or economic frauds in the past 24 months, compared with 41% globally and 52% in the 2022 edition of the same survey. The survey said procurement fraud has emerged as a predominant issue for Indian businesses, with 50% of the respondents identifying it as a major problem. This marks a 21% increase over the global average. In 2022, however, customer fraud was reported as the top concern by 47% of businesses. Meanwhile, globally, 44% of business leaders' highlighted cybercrime as their top concern.
18.12 / 15:01
markets
UPS
BLOCK
Department
Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore
ecommerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4% stake in the company for Rs 276 crore through an open market transaction. US-based Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares or 4% stake in Mumbai-headquartered Shoppers Stop, as per the block deal data on the National Stock Exchange (NSE). The shares were offloaded at an average price of Rs 627.60 apiece, taking the transaction value to Rs 275.89 crore. Asset and wealth management company 360 One, through its four affiliates, acquired stakes in Shoppers Stop. Also, Kotak Mahindra Mutual Fund (MF), Tata MF and Morgan Stanley also picked up shares in the department store chain at the same price.
18.12 / 13:55
18.12 / 13:37
markets
BLOCK
Reuters
Exodus
LSE
reports
Shein mulls sale of less than 10% of stocks under London IPO- reports
According to a Reuters source, the e-commerce giant is exploring this option in order to facilitate its widely-anticipated float on the London Stock Exchange. Friday Briefing: And the exodus continues? If approved, this would likely mark the first time a company has been permitted to list below the 10% rule. Shein is expected to float with a £50bn market cap next year. Its potential launch on the LSE follows controversies surrounding two cases of child labour that the Singapore-headquartered retailer said it had found in its supply chain back in August. FCA pressed to block S...
18.12 / 11:29
18.12 / 00:31
BLOCK
Platform
ByteDance
TikTok
Justice
Courts
rights
TikTok asks the Supreme Court for an emergency order to block a US ban unless it's sold
TikTok is asking the Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-based parent company agrees to sell it
17.12 / 16:43
markets
BLOCK
Digital
Software
Experts
PAM
Supriya Lifescience opens new API block at Lote Parshuram site in Maharashtra
Supriya Lifescience on Wednesday opened a new multipurpose active pharmaceutical ingredient (API) production block, Module E, at the Lote Parshuram site, in Maharashtra. The facility, developed with an investment of approximately Rs 120 crore, adds a substantial capacity of 335 kiloliters to the company’s operations. This expansion boosts the Lote Parshuram capacity by over 55%, increasing it from 597 KLPD kilo liters per day) to 932 KLPD. The new production block is designed to support Supriya’s strategic focus on expanding its R&D capabilities and scaling up its pipeline of innovative products.
17.12 / 14:27
markets
COST
BLOCK
Waters
Strategy
Software
IISc-incubated startup develops eco-friendly cement, claims it saves construction cost
Indian Institute of Science (IISc) has said it has developed an eco-friendly cement alternative using the Geopolymer technology. The innovation aims to not only cut carbon emissions compared to traditional Ordinary Portland Cement (OPC), but also promises zero use of water. The new tech, IISc team claims, would offer 15-20% cost advantage . The startup, Novacret claims that for every square foot of pavers it produces, it saves approximately 2.04 kg of CO2 emissions as compared to OPC. When ET spoke to one of the four cofounders, Nanjunda Rao K S who is also chief research scientist at IISc said, “ Geopolymer technology involves using industrial byproducts like fly ash from thermal power plants and ground granulated blast furnace slag (GGBS) from the steel industry as binding materials.” He added that initially fly ash and GGBS were used only as partial replacements for Portland cement in concrete but now act as complete replacement. “The benefits are significant, geopolymer-based materials achieve full strength in just three days in tropical climates like India, compared to the 28 days required for Portland cement.” The material is suitable for precast construction, where components like paving blocks can be made in advance, studies by the startup have highlighted.
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