COST Financial News

25.02 / 09:47
COST FIVE Waters Parke awards cover reports BMC water cut: Pockets of Bandra, Khar of Mumbai to face 10% water cut for 14 days from Feb 27
Brihanmumbai Municipal Corporation (BMC) has announced a 10% water cut in some areas of Bandra and Khar West (H-West ward) from February 27 to March 11 citing rehabilitate work in Pali Hill Reservoir. As per the civic body, the areas which will face a 10% water cut include— Gazdar Bandh, Dilip Kumar zone, Pali Mala zone, Union Park zone (Khar west), Dandpada, Kantwadi, Sherli Rajan and some areas of Bandra West. The civic body is doing repair and rehabilitation of the 600-mm old water inlet main pipe of the Pali Hill reservoir in the H-West ward, which will cause a low water supply.
25.02 / 07:55
markets COST UPS Food performer No respite sooner for FMCG companies
Dabur India Ltd as it saw comparatively better rural demand. Still, this does not imply that a rural recovery is on the cards as Dabur’s rural growth comes on the back of distribution expansion. In general, the benign commodity cost environment meant increasing competition from local players in some categories.
25.02 / 06:53
COST Citi Gap students Universities reports Colleges This college town in the US wants to levy a special tax on university students
University of Delaware (UD). The council is hoping the move helps to alleviate the city's projected $8 million revenue gap in 2025. According to a reports, UD President Dennis Assanis has attributed the university's financial challenges to inflated employee health-care costs, leading to a hiring freeze and the contemplation of additional budgetary measures. However, local officials argue that the university, being exempt from property taxes, should contribute to the city's rising operational costs. Opposition to the proposed tax have come from students and administrators who argue that the university already significantly contributes to Newark's economy. They contend that an additional tax would impose a burden on students.
25.02 / 06:53
COST FIVE BLOCK hospital 2020 Department Colleges All you need to know about the 5 AIIMS PM Modi will inaugurate from Rajkot
As per the Prime Minister’s Office (PMO), Modi will also lay the foundation stone for more than 200 Health Care Infrastructure Projects worth more than Rs 11,500 crore across 23 States and UTs. After inaugurating one in Jammu last week, during his visit to Gujarat, PM Modi is also set to inaugurate five more All India Institute of Medical Sciences (AIIMS) at Rajkot (Gujarat), Bathinda (Punjab), Raebareli (Uttar Pradesh), Kalyani (West Bengal) and Mangalagiri (Andhra Pradesh).
25.02 / 06:53
COST UPS security wellness rights Demat account nomination: Because it is all about valuing what you have created and earned
consultation paper by Securities & Exchange Board of India (SEBI) points out that 70% of the demat accounts with a single holder have opted out of appointing a nominee. This observation from the Sebi has triggered a discussion about the importance of nomination in an investment. Let us understand why nomination in investments is important and how it can be done wisely: The Sebi has been vocal about investors appointing a nominee to their investments or to clearly ‘opt out’ of the nomination if they are not keen to nominate anyone. In the past, the Sebi has stated that failing to mention a choice would lead to freezing of investments held in mutual fund folios as well as demat accounts. Deadline set for this exercise has already been extended three times and the revised deadline now is: June 30, 2024.
25.02 / 06:38
COST Manufacturing Action Boxing Trade President country Senators urge Biden to end duty-free treatment for packages valued at less than $800
Two U.S. senators looking to crack down on the number of packages from China that enter the country duty-free are calling on President Joe Biden to take executive action
25.02 / 05:47
COST Analysis show performer cover hospital reports The two faces of India Inc.'s Q3 growth story
Mint analysis of the earnings of 3,478 BSE-listed companies. Excluding banking, financial services and insurance (BFSI) firms, total revenue growth returned to positive territory (3.4%) after two consecutive declines, and profits swelled by nearly 43%. Sequentially, revenues rose 3.6%, a three-quarter high, while profits shrank marginally, largely on account of smaller companies in the sample, whose profits shrank 38%.
25.02 / 05:47
COST country travelers Features boating PM Modi inaugurates cable-stayed 'Sudarshan Setu' bridge in Gujarat | See these stunning 9 pictures
Sudarshan Setu', the country's longest cable-stayed bridge of 2.32 km, on the Arabian sea connecting Beyt Dwarka island to mainland Okha in Gujarat's Devbhumi Dwarka district. Modi began his day by offering prayers at Lord Sri Krishna temple at Beyt Dwarka.
25.02 / 03:39
COST Provident Gap Marvell Features boating Sudarshan Setu: PM Modi inaugurates 'India's longest cable-stayed bridge' in Gujarat; Here's what you need to know
Sudarshan Setu,' India's longest cable-stayed bridge. Spanning 2.32 km, the bridge connects Okha and Beyt in Dwarka, a pilgrimage site in Gujarat. Its construction, at a cost of ₹978 crore, holds immense significance for residents and pilgrims, providing easier access to the revered Dwarkadhish temple. Prime Minister Narendra Modi tweeted on his X account, 'Tomorrow is a special day for Gujarat's growth trajectory. Among the several projects being inaugurated is the Sudarshan Setu, connecting Okha mainland and Beyt Dwarka. This is a stunning project which will enhance connectivity."
24.02 / 20:33
markets COST Apple Occidental Bill performer Warren Buffett's Berkshire Hathaway Achieves Second Straight Record Annual Profit
Warren Buffett's Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from improved underwriting and higher income from investments as interest rates rose. Net income also reached a record $96.2 billion, as the rising stock market boosted the value of Berkshire's $354 billion equity portfolio, half of which is in Apple.
24.02 / 20:23
COST Aware wellness information Department gatherings Investigations Forex violation case: ED summons Niranjan Hiranandani, Dubai-based son on Monday
Directorate of Enforcement (ED) has summoned Niranjan Hiranandani, co-founder and managing director of real estate developer Hiranandani Group, and his son Darshan Hiranandani in a forex violation case. It asked them to appear at the agency’s south Mumbai office on Monday. Darshan Hiranandani was informed by email as he is a non-resident Indian (NRI) and lives in Dubai, people aware of the matter told ET. The agency has registered a case against the Hiranandanis and group entities under the Foreign Exchange Management Act (Fema), they said. On Thursday, the federal agency conducted searches at four sites linked to the realty firm in and around Mumbai, including Niranjan Hiranandani’s home as well as the registered and corporate offices of group entities. “There are certain transactions with which the duo need to be confronted and therefore they have been summoned on Monday,” said an official aware of the development. Ordinarily, while summoning a person for the first time in a case, the agency allows the option of being represented through legal counsel.
24.02 / 17:11
COST Action Airlines travelers gatherings Union demands Lufthansa makes improved offer before agreeing fresh talks
FRANKFURT (Reuters) — German labour union Verdi on Saturday demanded Lufthansa offers a higher wage increase for thousands of the German airline's ground crew before it agrees to a fresh round of pay talks aimed at averting further industrial action.
24.02 / 14:25
COST UPS Healthcare hospital Courts PM Modi set to inaugurate AIIMS Kalyani on Sunday, but officials say hospital is working without environmental clearance
₹1,754 crore and began operations in 2019. Officials however say that the hospital located in West Bengal's Nadia district is currently operating without an environmental clearance. According to the West Bengal Pollution Control Board, AIIMS Kalyani is currently in the ‘violation category’ and faces an environmental damage cost and penalty summed up to over ₹15 crore.

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