COST Financial News
13.08 / 08:18
markets
COST
UPS
FIVE
Digital
Manufacturing
reports
Top 5 undervalued Nifty50 stocks to keep in your watchlist
market indices, like Nifty and Sensex, are vital tools for investors, serving as benchmarks for measuring investment performance, gauging market sentiment, and tracking trends They simplify our understanding of market direction and economic conditions. They also enable the creation of diversified products like index funds and ETFs, offering broad market exposure. Stocks included in the indices are selected based on market capitalisation, liquidity, and financial stability.
13.08 / 04:13
COST
Platform
Action
wellness
Experts
India’s first small and medium Reit faces pushback from existing investors
₹50 crore and ₹500 crore. However, Propshare's existing investors rejected the migration to SM Reit status. High upfront costs, including a 6-6.5% stamp duty, may have led to the 'no' vote, as indicated by a mail sent out by the platform.
13.08 / 02:50
markets
COST
Target
WhatsApp
Nikkei
Japan's parliament to hold session next week on BOJ rate hike
special session on Aug. 23 to discuss the central bank's decision last month to raise interest rates, government sources said on Tuesday. The special session, to be conducted by the lower house financial affairs committee, is likely to ask Bank of Japan Governor Kazuo Ueda to attend, said the sources, who declined to be identified. The schedule will be officially decided later on Tuesday.
13.08 / 02:05
COST
Enterprise
Research
Experts
stage
reports
Errors, high cost among reasons GenAI not moving beyond concept stage
Mint on 12 July, K. Krithivasan, CEO of India’s largest IT services company, Tata Consultancy Services Ltd (TCS), said that delivering differentiations to clients is key, instead of riding a hype cycle. However, the road to adoption is still hazy.
13.08 / 01:59
COST
Aviat
President
travelers
Traffic
International
Travelling by air this weekend? Prepare to shell out more.
₹5,200, a jump of 23% from a year earlier. Similarly, a Bengaluru-Kochi ticket now costs around ₹3,500, a 46% spike from a year ago. While air traffic slowed in July on account of monsoon, travel picked up in August.
12.08 / 21:53
12.08 / 19:24
markets
COST
Citi
Strategy
Swimming
travelers
rights
Ginger & Spice: IHCL new biz has growth flavour
Indian Hotels Company (IHCL) is betting big on its new businesses that it expects to grow at 35-50% every year, besides weighing an ambitious expansion plan for its reimagined brand, Ginger, as part of its strategy to accelerate growth. The strategic rationale for new businesses lies in addressing India's varied market, and diversifying IHCL's revenue and non-linear revenue growth businesses, capital light businesses and those yielding high margins, Puneet Chhatwal, managing director and chief executive told ET. IHCL's new businesses consist of a reimagined Ginger, Qmin, ama Stays & Trails and the Tree of Life brand.
12.08 / 18:39
COST
UPS
Manufacturing
Viatris
Interviews
Biocon arm's growth formula: US rollouts & debt reduction
Biocon Biologics, the biosimilar unit of Biocon, said it expects to launch six biosimilar products in the US, and is prioritising debt reduction to spur growth and lift margins. «Six product launches are scheduled in the next two years, subject to USFDA approvals,» Shreehas Tambe, chief executive and managing director, told ET in an interview. He added that the company is also exploring ways to reduce finance costs by optimising debt repayment timelines and interest rates.
12.08 / 18:00
markets
COST
UPS
Enterprise
War
Airtel rules the Britannia microwaves
Bharti Global's acquisition of a strategic stake in BT (formerly British Telecom) is an unprecedented diversification for the Indian telecom industry. Sunil Mittal has pursued subscribers in Africa after building up an enviable base in his home market and has placed big bets on European satellite communications. The latest investment gives him exposure, at least as an investor, to better-yielding markets.
12.08 / 17:19
COST
UPS
BLOCK
WhatsApp
Experts
Max Estates receives Noida authority's approval to overtake ‘Delhi One’ project, to pay Rs 613 crore
Max Estates, the property arm of the MaxGroup, has received approval from the Noida authority to overtake a commercial project in sector 16B Noida, by clearing Rs 613 crore dues of the authority. In February 2023, the National Company Law Tribunal (NCLT) approved the resolution plan of Max for the development of a commercial plot measuring 34,697 square meters in Noida under the project name ‘Delhi One’. The NCLT had asked the developer to seek the authority's approval for the implementation of the plan.
12.08 / 16:28
COST
Platform
Forrester
track
Features
Courts
Profiles
The billionaire suing Facebook to remove his face from AI scams
Every day, around the clock, a small group of cybersecurity professionals scours Facebook, looking for the face of their boss, an Australian billionaire who is determined to take the social-media giant to court. Like American financiers such as Bill Ackman, Andrew Forrest says he has spent years trying to get Facebook-parent Meta Platforms to do more to stop scam advertisements that use his likeness to promote fraudulent investment schemes. Yet unlike other Meta adversaries, the mining executive has pledged to spend vast sums on his legal campaign.
12.08 / 16:14
COST
Analysis
wellness
performer
Headlines
Vi's loss shrinks to Rs 6,432 crore in Q1FY25; subs churn continues
Vodafone Idea’s net loss narrowed sequentially to Rs 6434.4 crore in the fiscal first quarter,from Rs 7675 crore, on the back of lower finance and depreciation & amortisation costs, even though it continued to be dragged by heavy customer losses and high debt. Operationally, the joint venture between UK’s Vodafone and India’s Aditya Birla Group, continued to battle with operational challenges. The telco’s average revenue per user (ARPU) — a key performance metric — remained flat sequentially at Rs 146, even though the full impact of the recent headline rate hikes will flow in only from the fiscal second quarter. But there was a marginal rise in 4G user base that boosted data usage sequentially.
12.08 / 14:43
markets
COST
UPS
security
Mobile
wellness
reports
War for deposits: Banks’ biggest headache now coming for investors?
₹23.8 trillion, while that of State Bank of India (SBI) dipped 0.3% to stand at ₹49 trillion. “Most of the banks witnessed growth moderation along with some uptick in credit cost in Q1," Christy Mathai, fund manager—equity, Quantum AMC (Asset Management Company), told Mint. “Deposit mobilization remains the key focus for the banks and incrementally, the cost of deposits has moved higher than yield increases, impacting the net interest margins (NIMs).
12.08 / 13:31
COST
UPS
Reuters
Experts
poker
Sporting
US gambling crisis feared as online betting rises
sports betting. Asher, who asked that the Thomson Reuters Foundation use a pseudonym to protect the privacy of his recovery group, was drawn into gambling by online poker. «It is just so easy to open these gambling accounts online,» he told the Thomson Reuters Foundation. «At one point I lost over $500,000 to this addiction and almost lost my family.»
12.08 / 13:17
COST
Action
Election
wellness
trends
country
rights
To solve housing affordability, Canada must fix its productivity problem
For years, Canadian policymakers have been sleepwalking past a growing housing affordability crisis. Now, with homes seeming impossibly out of reach to so many and voter discontent on this issue poised to roil upcoming elections, they have been jolted awake and are looking for solutions. Any action on this issue is welcome, but the biggest fix of all has yet to be raised: giving households the buying power to keep up with rising home prices today and tomorrow by boosting Canadian productivity.
12.08 / 13:12
markets
COST
UPS
security
KeyCorp
Scotiabank eyes U.S. expansion with regional lender stake worth billions
Scotiabank has bought a minority stake in U.S. regional lender KeyCorp in an all-stock deal worth US$2.8 billion on Monday, as the Canadian bank pursues growth outside its saturated home market.
12.08 / 13:01
COST
UPS
Provident
Target
President
country
Interviews
GEAPP plans 2GWh battery storage capacity in India
NEW DELHI : Rockefeller Foundation-backed Global Energy Alliance for People and Planet (GEAPP) plans to support the development of 2 gigawatt hours (GWh) of cumulative utility-scale battery-energy-storage capacity, said Saurabh Kumar, vice president, India, GEAPP. In an interview, Kumar said GEAPP, in partnership with IndiGrid, is expected to commission the country's first commercial utility-scale project by the end of this year or the start of 2025. It would be set up in Delhi.
12.08 / 12:25
12.08 / 12:16
12.08 / 11:56
12.08 / 10:12
COST
Target
security
wellness
country
reports
Emkay Global initiates coverage on Adani Green, projects 43% upside potential
Adani Green Energy’s (AGEL) RE capacity would see >30% CAGR during FY24-30, domestic brokerage firm Emkay Global initiated coverage on the stock with a buy rating and a target price of Rs 2,550. “AGEL’s RE capacity would see >30% CAGR during FY24-30E, while the improving CUF would drive a power sales CAGR of ~35%. Rising share of merchant-C&I volumes (20% by FY30) should support realizations, leading to ~35% consol. gross revenue CAGR, while concentrated development—mostly in the high-yield Khavda asset—should further optimize capex-opex efficiency, boosting its cost leadership and industry-leading metrics (EBITDAM, asset turnover) and helping it secure more PPAs competitively,” said Emkay Global in its report.
frequently asked questions about COST
What is COST and why is it relevant?
COST is a significant category that is in the spotlight. On our site, we regularly publish news related to this subject.
Where can I find the latest updates on COST?
All recent news about COST can be found in the dedicated section. We publish information as it becomes available.
How can I verify the accuracy of information on COST?
We consult with professionals to ensure that the information about COST is reliable and informative for our readers.