BLOCK Financial News
12.12 / 13:41
Target
BLOCK
Shashi Tharoor slams INDIA ally Pinarayi Vijayan over 'assault' on Kerala governor
Students Federation of India (SFI) activists for allegedly hitting Kerala Governor Arif Mohammed Khan's car. Shashi Tharoor took to microblogging site X, to dub the Kerala police under CM Pinarayi Vijayan's governance as "agents of lawlessness" and claimed that they have been complicit in the ruling party's "worst excesses". Shashi Tharoor said, "Disgraceful behaviour by SFI goons in blocking @KeralaGovernor Shri ArifMohdKhan Sahib's car yesterday and assaulting his vehicle.
12.12 / 12:41
12.12 / 08:53
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Sun Pharma share price declines as it revises bid to buy balance Taro stake
Sun Pharmaceutical Industries share price, having gained 56% in the last six months, declined 1.91% in intraday trades on Tuesday. Sun Pharma remains in focus over its plan to acquire 100% ownership in its US subsidiary Taro Pharmaceutical Industries. Sun Pharma, after having announced its strategic plan in May 2023 to acquire 100% ownership of Taro now has increased its bid to purchase the outstanding shares of Taro Pharma.
12.12 / 07:11
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YES Bank share price jumps over 7%; is the stock buy-worthy? Here's what technical experts say
YES Bank share price jumped over 7 per cent in morning trade on BSE on Tuesday, December 12, amid reports that the lender has invited expressions of interest for the sale of NPAs worth ₹4,234 crore. "YES Bank has invited expressions of interest (EoI) for the proposed sale of NPAs worth ₹4,234 crore," according to a report by The Hindu Businessline. "The private sector lender has put on the block corporate NPAs worth ₹3,092 crore which includes fund-based outstanding of ₹3,073.66 crore and non-fund-based outstanding of ₹17.83 crore as of October 31, 2023," the report further added.
12.12 / 07:11
FIVE
BLOCK
Manufacturing
Healthcare
Experts
cover
reports
Mankind Pharma stock drops nearly 5% on large block deals
₹1,827.50 apiece. This downturn came after 3.01 crore shares of the company changed hands in a block deal window on Tuesday. The total worth of the transaction was around ₹5,550 crore.
12.12 / 04:23
FIVE
BLOCK
Remark
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Inside
JNU bans protests inside university campus, violators may face up to ₹20,000 fine, rustication
₹20,000 if stage dharnas or put posters within 100 metres of the academic buildings at the JNU campus. Besides, any "anti-national" act will attract a ₹10,000 fine, according to the Chief Proctor Office (CPO) manual.
12.12 / 04:13
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Experts
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record high
Santa rally on D-Street! Nifty50 hits fresh record high for 3rd session
Nifty50 hitting a record high on Tuesday, following gains in Asian peers ahead of key inflation data and the US Federal Reserve policy decision. The BSE Sensex was trading 76 points or 0.11% higher at 70,005, while Nifty50 was trading at 21,028, up 31 points or 0.15% at around 9.23 am. The current rally is bolstered by strong macroeconomic data, a decline in crude oil prices, favourable global interest rate outlook, the resurgence of foreign inflows and sustained inflows from domestic mutual fund investors. From the Sensex pack, Tata Steel, JSW Steel, M&M, ITC, and Asian Paints opened higher, while Infosys, L&T, Bharti Airtel, Titan, and NTPC opened with cuts. Dixon Technologies shares rose over 6% after the company's unit secured a manufacturing contract from Lenovo to make laptops and notebooks under the production-linked incentives (PLI) scheme. Rail Vikas Nigam (RVNL) also surged 4% after the joint venture of the company emerged as the lowest bidder for a project worth Rs 543 crore. Mankind Pharma shares fell nearly 5% amid reports of a block deal executed on the counter. Sector-wise, Nifty Media surged 2.34% and Nifty FMCG gained 0.7%. Nifty Bank and Nifty Financial Services also opened higher.
12.12 / 02:13
Waves
BLOCK
Waters
Dreams
cover
The dreams of Jammu and Kashmir’s people are no longer prisoners of the past
₹1,000 crore as special assistance for rehabilitation, signalling our government’s commitment to supporting the people during crises. I had the opportunity to meet people from different walks of life and there was one common thread in these interactions—the people not only wanted development, but they also wanted freedom from rampant corruption prevailing for decades. The same year, I decided not to mark Diwali in remembrance of those we lost in Jammu and Kashmir.
12.12 / 01:55
FIVE
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Career
Manufacturing
awards
electronic
reports
Stocks in news: Infosys, Mankind Pharma, SpiceJet, DLF, Dixon
Infosys Infosys on Monday said its CFO Nilanjan Roy has resigned from the company to pursue other personal aspirations.
12.12 / 00:59
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Pressure mounts on Hungary to unblock EU membership talks and funds for Ukraine
Pressure is mounting on Hungary not to veto the start of European Union membership talks and the supply of economic aid to Ukraine at a pivotal EU summit this week
11.12 / 21:01
FIVE
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Remark
performer
reports
JNU bans protests on campus; may expel students who flout rules
₹20,000 or expulsion, reported news agency PTI quoting JNU's new manual, adding any 'anti-national' act will attract a ₹10,000 fine. The new order in the manual applies to academic buildings of different schools that house offices of chairpersons, deans, and other important office-bearers, apart from classrooms and labs.
11.12 / 21:01
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Kalyani firm trains guns on Hikal compliance officer
MUMBAI : The conflict between Bharat Forge Ltd’s promoter Baba N. Kalyani and sister Sugandha Hiremath has escalated with a Kalyani group company requesting the market regulator to order the removal of the compliance officer of Hikal Ltd, a speciality chemicals company jointly owned by the Kalyanis and the Hiremaths. It has also called for action against Hikal’s audit committee.
11.12 / 20:31
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Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED], a “next-gen network” that seeks to reach more than 10 million people a month.
11.12 / 16:53
IPO
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Experts
2020
reports
stake
3 PE firms looking to sell 5-6% stake in Mankind Pharma via block deals: Report
Mankind Pharma through block deals on Tuesday, according to news reports. Chrys Capital, Capital Group and Everbridge Partners are looking to sell 5-6% stake in the pharmaceutical major.
11.12 / 13:51
Citi
Target
BLOCK
Southern
Death
Arrow
reports
Israeli airstrikes killed 61% civilians, finds study; Gaza's death toll rises to 18,000
Shejaiya district of Gaza City, while also conducting airstrikes on Rafah, a town on the southern border with Egypt where the Israeli army has told people in Gaza to take shelter. Haaretz published an analysis by Yagil Levy, a sociology professor at the Open University of Israel, which found that in three earlier campaigns in Gaza, in the period from 2012-22, the ratio of civilian deaths to the total of those killed in airstrikes hovered at about 40%.
11.12 / 10:27
Provident
BLOCK
information
NOT
Transition away from coal not happening in the near future: Govt
coal is not happening in India in the foreseeable future, Parliament was informed on Monday. Although India is pushing for renewable, non-fossil-based energy, but the share of coal in the energy basket is going to remain significant in the years ahead to ensure affordable energy availability, coal and mines minister Pralhad Joshi said.
11.12 / 10:27
BLOCK
Platform
electronic
information
reports
Department
India's government blocked 174 betting and gambling sites
“Ministry of Electronics and Information Technology (MeitY) blocked a total of 581 applications under section 69A of IT Act, 2000 which includes 174 betting and gambling related applications, 87 loan lending applications and other applications including gaming applications like PUBG, GArena Free Fire etc,” Chaudhary told in a reply to Lok Sabha. The illegal betting and gambling app has been in the spotlight recently with MeitY last month issuing a blocking order against some 22 'illegal' betting apps and websites, including Mahadev Apps. The order was issued upon a request by the Enforcement Directorate (ED) which was investigating an alleged money laundering syndicate. The government in February had blocked 138 such illegal betting and gaming websites, however some of them were still operating. In July the Centre had amended and notified the IGST Act which mandates that all offshore gaming companies need to be registered in India.
11.12 / 09:51
BLOCK
Strategy
President
prevention
A meeting of INDIA bloc leaders on winter session held at LoP Mallikarjun Kharge's office
INDIA bloc leaders was held at the office of the Leader of opposition in Rajya Sabha, Mallikarjun Kharge on Monday to chalk out the strategy for the winter session of Parliament. In the meeting, Congress leader Jairam Ramesh, TMC leader Derek O'Brien, Farooq Abdullah, JDU leader Harivansh Narayan Singh, AAP leader Raghav Chadha and other leaders were present. Meanwhile, Members of the INDIA block have decided to highlight issues of the people in the remaining part of the winter session of Parliament to make the government accountable. The next meeting of the leaders of the INDIA bloc will be held on December 19 in the national capital. Taking to 'X', Congress leader Jairam Ramesh said, «The 4th meeting of the leaders of INDIA parties will be held on Tuesday, December 19th, 2023, in New Delhi at 3 p.m.» Earlier, Congress president Mallikarjun Kharge called a meeting of the INDIA bloc leaders for December 6. However, the meeting was cancelled as key opposition leaders, including Janata Dal-United (JDU) Supremo and Bihar Chief Minister Nitish Kumar, Trinamool Congress (TMC) Chief and West Bengal Chief Minister Mamata Banerjee, Dravida Munnetra Kazhagam (DMK) Tamil Nadu CM MK Stalin and Samajwadi Party (SP) Chief Akhilesh Yadav did not gave their confirmation of attending the meeting. The first meeting of the joint opposition convened in Patna on June 23 and the second meeting was held in Bengaluru on July 17-18. The third meeting happened in Mumbai on August 31-September 1. INDIA or 'Indian National Developmental Inclusive Alliance' is a group of opposition parties, including the Congress.
11.12 / 08:15
BLOCK
Apple
Parke
Interface
show
stage
Latin
SumUp, a rival to Jack Dorsey's Block, defies fintech funding slump with $307 million cash injection
British payments startup SumUp, known for its small card readers, on Monday announced it has raised 285 million euros ($306.6 million) in a bumper round of funding that values the company north of $8.6 billion.
11.12 / 08:13
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