BLOCK Financial News
15.05 / 20:54
15.05 / 20:53
UPS
BLOCK
Progressive
Action
country
reports
prevention
Indonesia seeds clouds to block rainfall after floods killed at least 59 people while 16 are missing
Indonesian authorities have seeded clouds in a bid to prevent further rainfall after flash floods that hit the country's Sumatra Island over the weekend left at least 59 people dead
15.05 / 20:53
BLOCK
Digital
Platform
security
ByteDance
TikTok
recommendations
Billionaire Frank McCourt says he's putting together a consortium to buy TikTok
Billionaire businessman and real estate mogul Frank McCourt says he’s putting together a consortium to purchase TikTok’s U.S. business
15.05 / 19:03
FIVE
BLOCK
security
Strategy
country
exclusive
reports
Coal India, NMDC, OVL look to secure critical mineral assets abroad
PSUs) are readying a coordinated strategy to secure overseas critical mineral assets. Coal India Ltd. (CIL), National Mineral Development Corporation (NMDC), ONGC Videsh Limited (OVL), besides Khanij Bidesh India Ltd.
15.05 / 14:47
Blockchain
Provident
BLOCK
security
performer
innovations
information
Rated, Home of the Industry’s Leading Network Explorer, Launches on Solana
– Rated monitors node and node operator performance and risk on Proof of Stake networks, where node operators and validators steward billions in value.
15.05 / 01:35
markets
BLOCK
Manufacturing
Trade
show
country
International
Why Vietnamese steel makes Indian industry uneasy
ArcelorMittal Nippon Steel (AM/NS) India, a prominent steel manufacturer with an integrated steel plant at Hazira in Gujarat. “The apprehension is that other mills from FTA countries and China may also get a renewal of their licences for exporting to India," analysts at market intelligence & consulting firm BigMint said, adding that this was a worrisome factor for Indian mills. AM/NS’s Dhar added that with India now available as an option, Vietnamese steelmakers will see the country as a lucrative avenue to dump excess production.
14.05 / 19:37
UPS
BLOCK
Aware
CEO
wellness
reports
Cipla promoters to sell up to 2.53% for Rs 2,637 crore
Hamied family that founded Cipla are set to offload shares via block deals, said people aware of the matter, eight months after promoter-stake-sale talks with Torrent Pharma collapsed. A stake of up to 2.53% will be sold for an estimated Rs 2,637 crore by MK Hamied’s wife Shirin and their daughters Samina and Rumana along with Okasa Pharma, another promoter group entity, they said. The deals are likely to happen as early as Wednesday, they said. The move, days after the company posted its best annual results, has triggered speculation that more such transactions could be in the offing. The collapse of the $7 billion sale last year after lengthy negotiations had reportedly led to divisions within the family, according to people with knowledge of the matter. The three persons cited above hold 4.24% of Cipla while Osaka Pharma owns a 0.02% stake. They are offering to sell up to 20.45 million shares at Rs 1,289.50-1,357.35 apiece, translating to a total deal value of about Rs 2,637 crore ($316 million). That’s a discount of 0-5% to Cipla's closing price of Rs 1,357.35 on the NSE on Tuesday. There will be a post-sale, 90-day lock-in period, said the people cited.
14.05 / 17:48
BLOCK
security
economy
Election
President
Department
Investigations
Biden blocks Chinese-backed crypto mining firm from land ownership near Wyoming missile base
President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, calling its proximity to the base a “national security risk.”
14.05 / 17:47
14.05 / 17:47
FIVE
BLOCK
social
2020
patient
prevention
rights
Anti-abortion activist who led a clinic blockade is sentenced to nearly 5 years in prison
An anti-abortion activist who led others on an invasion and blockade of a reproductive health clinic in the nation’s capital has been sentenced to nearly five years in prison
14.05 / 08:19
UPS
BLOCK
Digital
trends
Experts
performer
IT Sector: Between midcaps and largecaps, what should you pick? Here's what experts suggest
Coforge was the top loser in the IT space in 2024 YTD, down 28 percent, followed by LTIMindtree, down 26.5 percent. Meanwhile, other mid-cap IT stocks, Mphasis, L&T Tech, Persistent Systems also shed 17 percent, 14 percent and 8.6 percent, respectively. Among largecaps, HCL Tech fell the most, over 10 percent, while, Infosys, Wipro, and Tech Mahindra lost 7.8 percent, 3.5 percent, and 1 percent, respectively.
14.05 / 06:05
14.05 / 05:13
UPS
Provident
BLOCK
Election
Southern
Experts
reports
RVNL share price jumps over 5% on bagging ₹239 crore order from Southern Railway
₹239 crore from Southern Railway on Monday. Rail Vikas Nigam Ltd (RVNL) said in an exchange filing that it has got an order to provide an automatic block signalling system from Jolarpettai Junction to Erode Junction of the Salem Division of the Southern Railway. The order is to be executed within 12 months.
14.05 / 05:13
markets
IPO
BLOCK
Ball
Manufacturing
Trade
band
Refractory Shapes share price makes a blockbuster debut, stock opens with 142% premium at ₹75 apiece on NSE SME
₹75, which is 141.9% higher than the issue price of ₹31. The subscription period for the Refractory Shapes IPO began on Monday, May 6, and ended on Thursday, May 9. The price band was set between ₹27 and ₹31 per equity share with a face value of ₹10 apiece.
14.05 / 04:55
markets
IPO
BLOCK
Ball
Manufacturing
Platform
Trade
Refractory Shapes shares list at 142% premium on NSE SME platform
shares of Refractory Shapes debuted on the NSE SME platform with a premium of 142% on Tuesday. The stock was listed at Rs 75 as against an issue price of Rs 31. Ahead of the debut, the company's shares traded with a premium of Rs 15 in the unlisted market.
14.05 / 01:05
Citi
BLOCK
security
Trade
reports
Department
Investigations
A fire burns down a shopping complex housing 1,400 outlets in Poland's capital
A major fire broke out in a vast shopping complex in the Polish capital that housed some 1,400 shops and service outlets
14.05 / 01:03
BLOCK
Airlines
Trade
information
travelers
Department
Courts
US airlines are suing the Biden administration over a new rule to make certain fees easier to spot
U.S. airlines are trying to kill a new rule requiring them to disclose fees more quickly when consumers shop for flights
13.05 / 18:07
BTC
BLOCK
Bitcoin Halving
Bitcoin
show
reports
Bitcoin Miners Begin Curtailing Operations After Halving, Data Shows
Bitcoin mining firms are scaling back the use of their computer fleets after industry revenues crunched substantially last month, according to a May 13 Coinshares report.
13.05 / 15:23
Citi
BLOCK
social
hospital
reports
Videos
Updates
Mumbai weather LIVE Updates: 4 killed, over 50 injured as massive hoarding collapses in Ghatkopar; CM Shinde at spot
Also Read: Mumbai Weather: Rain with gusty winds, dust sweep parts of Mumbai, Thane; brings relief from sweltering heat Those injured in the hoarding collapse incident at Pantnagar near Eastern Express Highway (EEH) have been rushed to Rajawadi Hospital for treatment. A video of the incident has gone viral on social media platforms. Reacting to the incident, Maharashtra Deputy CM Devendra Fadnavis said that he has ordered an inquiry in the incident.
13.05 / 10:25
BLOCK
Digital
Citizens
Action
Mobile
country
Department
Govt asks Jio, Airtel, Idea to block 28,000 phones, verify 20 lakh numbers
DoT) has instructed major telecom operators, including Reliance Jio, Bharti Airtel, and Vodafone Idea, to block 28,200 mobile handsets allegedly linked to cyber crimes. This action comes as part of a broader effort to combat the misuse of telecom resources in cyber crimes and financial frauds.
13.05 / 08:05
UPS
FIVE
BLOCK
security
Election
reports
LS polls: PDP candidate Waheed Para makes big claim, says violence in J-K "reduced in last 5 years"
Waheed Ur Rehman Para, the PDP's Lok Sabha candidate from Srinagar, on Monday said violence in the erstwhile state has reduced significantly over the last five years.
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