BLOCK Financial News

Looking for a new social media platform

Tens of thousands of British Columbians were without power on Wednesday after a bomb cyclone brought strong winds overnight.

JSW Steel on Tuesday said it has been declared as the preferred bidder for Codli Mineral Block XII at Dharbandora in Goa. The company has received a communication from the Office of the Director, Directorate of Mines & Geology, Government of Goa, JSW Steel said in an exchange filing. «The company is declared as 'Preferred Bidder' with highest final offer price at 92.60 per cent of the value of mineral dispatched,» it said. The projected iron ore resources are 48.5 million tonnes in addition to 2.7 million tonnes of ore in dumps, JSW Steel said.

Serbian opposition protesters have blocked a court house over a deadly roof collapse at a railway station in the country's north earlier this month, setting off a standoff with riot police

Subscribe to enjoy similar stories. City gas distributors Indraprastha Gas Ltd (IGL) and Mahanagar Gas Ltd (MGL) have suffered two consecutive blows in a month. The government has reduced the supply of cheaper natural gas by 20% for IGL and 18% for MGL, effective 16 November.

Subscribe to enjoy similar stories. WASHINGTON—The Biden administration’s top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement. No action looms larger than the Justice Department’s next move in the antitrust case it won challenging Google’s efforts to maintain a monopoly in search.

Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16. The proposal would see Cupertino-based Apple invest almost $100 million in Southeast Asia’s largest economy over two years, the people said, asking not to be identified because they’re not authorized to speak publicly. Apple’s previous investment plan of close to $10 million would have involved the company investing in a factory making accessories and components in the city of Bandung, located southeast of Jakarta, Bloomberg News reported earlier. After Apple submitted its increased offer, Indonesia’s Ministry of Industry, which last month blocked a permit allowing the sale of the iPhone 16, is now demanding that the technology behemoth alter its investment plans to focus more on research and development for its smartphones in the country, the people said. The Ministry of Industry hasn’t made a final decision on Apple’s newest proposal, they added.

Waaree Energies, Ashoka Buildcon, Shilpa Medicare, Tilaknagar Industries among others will be in focus due to various news developments. Waaree Energies Waaree Energies, which recently made a stellar debut at the bourses, reported its first earnings post listing, where the solar PV maker clocked 15% growth in its second quarter net profit at Rs 362 crore.

Tilaknagar Industries for Rs 62 crore via a block deal while Societe Generale was the buyer. BofA sold shares at a price of Rs 338.65 apiece which was marginally lower than the previous closing price of Rs 339.30 on the BSE.

Mutual Fund on Monday divested 6.6 per cent stake in MedPlus Health Services for Rs 552 crore through open market transactions. MedPlus Health Services is a retail pharmacy and diagnostics chain in India. Billionaire Azim Premji's PE firm Premji Invest, through its arm PI Opportunities Fund — I, sold 68.93 lakh shares or 5.77 per cent stake in MedPlus Health Services and exited the firm, according to the block deal data on the National Stock Exchange (NSE).

Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue

French farmers are mobilizing for widespread protests Monday, targeting the controversial EU-Mercosur trade agreement

Hindustan Zinc surged 2% to their day’s high of Rs 504.65 on the BSE today after the company on Friday announced that it emerged as a preferred bidder for Dugocha Gold & Associated Mineralization Block. “Via notification dated November 15, 2024, hosted on the mstc ecommerce auction portal, the Company has been declared as 'Preferred Bidder' for Dugocha Gold & Associated Mineralization Block, District Salumber (on highest Final Price Offer of 8.15%),” said the company in a filing to the exchanges.

Hemant Soren on Sunday claimed that his alliance government was standing like a mountain in the state and the BJP was unable to shake it despite its nefarious design to topple it. He claimed that they put him behind bars to topple his government but could not shake it. «The unity of coalition partners is essential to protect the Constitution of the country and keep agenda-less BJP out of power,», Soren said at a public meeting at Jamtara in support of INDI block candidates in the ensuing assembly poll. Attacking the saffron party, Soren questioned what BJP did for adivasis, farmers, and poor people of the state. They did «nothing».

The centre has stated that security scenario in Manipur has remained fragile for the past few days. Curfew is clamped in Imphal East and West districts. Temporary suspension of Internet and mobile data service in Imphal West, Imphal East, Thoubal, Kakching, Bishnupur, Kangpokpi and Churachandpur for a period of two days.

A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of ...

Spectrum auction will enable local entities to compete with foreign satellite players who can potentially block entry of Indian companies into Satcom space in future, Reliance Jio said in a letter to telecom regulator Trai on Friday. While opposing the proposal to allocate spectrum to Satcom players without auction, Jio said that Elon Musk-owned Starlink and Amazon's Kuiper combined Satcom bandwidth is more than the capacity built by all three leading Indian telecom operators over the years. «Assignment through the auction will provide an opportunity for Indian entities to directly compete with foreign entities, who have blocked First come First Served based ITU (International Telecommunication Union) priority list, and plan their own constellation. In the absence of clarity and certainty of spectrum assignment/priority, no Indian entity will ever be able to launch its own NGSO ( non-geostationary orbit) constellation,» Jio said.

Cypriot authorities are in talks with major energy companies from Persian Gulf states over potential natural gas reserves off the Mediterranean country's southern coastline, President Nikos Christodoulides told an energy conference Friday

Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to overcome an antitrust challenge within an acceptable time frame

Subscribe to enjoy similar stories. Oil and Natural Gas Corp. Ltd’s (ONGC) standalone gross crude oil realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 per barrel.

A federal judge has denied an effort to temporarily block enforcement of a constitutional amendment Arkansas voters approved that revokes the state's license for a planned casino