COST Financial News

16.01 / 09:51

COST show Department prevention guidelines Courts Investigations CBI files chargesheet against ex-IRFC chairman Amitabha Banerjee

chargesheet against former Indian Rail Finance Corporation (IRFC) chairman and managing director Amitabha Banerjee for alleged irregularities in the purchase of gift items at exorbitant prices, officials said on Tuesday. The Central Bureau of Investigation (CBI) submitted its findings to a special court here after nearly three months of probe against Banerjee, they said, adding that the agency has invoked provisions of the Prevention of Corruption Act against him.

16.01 / 08:57

COST BLOCK Analysis crypto mining Bitcoin Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving

Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event.

16.01 / 08:48

COST Digital CEO Platform Bill reports Vodafone, Microsoft forge $1.5 billion decade-long partnership to boost AI, IoT sector

Vodafone Group Plc and Microsoft Corp. entered a ten-year agreement, involving a $1.5 billion investment, to advance various business sectors, including artificial intelligence, digital payments, and the Internet of Things, on January 16.

16.01 / 08:45

markets COST IPO Provident Healthcare Trade performer Medi Assist Healthcare IPO: 10 key things to know from RHP

₹397-418 per share for the issue. GMP: Shares of Medi Assist Healthcare have been available for trade in the grey market since the weekend. The company's shares in the grey market continued trading at a premium of ₹38, indicating a 9 percent premium versus the IPO price at listing.

16.01 / 08:41

markets COST Ethereum BLOCK Features Updates StarkNet Updates 2024 Roadmap, Fee Reductions and v3 Transactions Highlighted

StarkNet, the Layer 2 scaling solution for Ethereum, has announced significant updates to its roadmap, with key developments set for release in 2024. These updates focus on enhancing network efficiency, reducing transaction costs, and introducing new transaction types.

16.01 / 08:35

markets COST UPS Trade President fall Rate Cut European stocks fall on delayed rate cut fears; Davos continues

Investing.com — European stock markets fell Tuesday on concerns that interest rates will remain high for longer than expected, while the annual World Economic Forum in Davos continued.

16.01 / 08:05

COST UPS Provident Booking Manufacturing performer track play Top 7 railway ancillary stocks to play the railway theme in 2024

the growth of Indian railways is imminent. India needs to up its game and increase the daily train numbers substantially to meet the surging demand in the travel sector. The Indian Railways is gearing up for a massive investment of ₹1 trillion (tn) in acquiring new trains in response to this rise in demand.

16.01 / 07:35

markets COST UPS Ball reports Chocolate maker Lindt & Spruengli 2023 sales boosted by higher prices

(Reuters) -Swiss chocolate maker Lindt & Spruengli on Tuesday said its 2023 sales grew by 10.3% organically and came in ahead of market expectations, boosted by higher product prices and strong sales of its pralines across markets.

16.01 / 06:37

markets COST UPS security Trade country reports week Welspun Living: Axis Securities selects the stock as its 'pick of the week', sees 14% upside – 3 key reasons why

Welspun Living as its 'top pick of the week'. This is on the back of the promising long-term potential in the textile sector, raw material price correction, improvement in margins, developing branded presence and macroeconomic tailwinds. The brokerage has a ‘buy’ call on the stock with a target price of ₹175, implying a potential upside of over 14 percent.

16.01 / 06:37

markets COST Target Pool Trade Updates Paytm share price rallies over 3% as UBS initiates coverage with a ‘Buy’ call; sees EBITDA breakeven in FY25

₹742.20 apiece on the BSE. UBS expects One 97 Communications, the parent company of fintech giant Paytm, breaking even on EBITDA in FY25 and reaching a 20% EBITDA margin by FY28. It views this as a key re-rating trigger, as seen at other new-age companies such as Zomato, where investors value profitable growth more than pure growth.

16.01 / 05:30

COST UPS Citi Metro Food Updates Cost of Living LIVE Updates Jan 16: Fuel prices steady. Check petrol and diesel prices in your city here

Cost of Living LIVE Updates January 16: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

16.01 / 05:30

COST economy Election Experts social Schools budget 2024 Budget 2024: From investments in skill development to infrastructure, what education sector expects ahead of elections

₹1.12 lakh crore against FY 2022-23 budget allocation of ₹1.04 crore. FY 2023-24 budget included ₹68,804 crore allocation for school education, ₹44,094.62 crore allocation for higher education and ₹37,453 crore allocation for the Samagra Shiksha Abhiyan (SSA). Here are some suggestions from experts, from investments in skill development to infrastructure ahead of elections.

16.01 / 02:49

markets COST security Software trends Trade reports Q3 results today: HDFC Bank, ICICI Lombard, L&T Technology among 31 companies to announce Q3FY24 earnings today

BSE Sensex experienced a surge of 759 points, reaching 73,328, primarily driven by gains in the technology sector, banking stocks, and Reliance Industries. Simultaneously, the Nifty 50 saw a substantial increase of 203 points, crossing the 22,098 mark, as expected. A total of 31 companies are scheduled to release their Q3 results today.

16.01 / 02:49

COST FIVE BLOCK cover International Financial Stocks to Watch: Jio Financial Services, PNC Infratech, NALCO, Angel One

Jio Financial Services: The company recorded a consolidated profit of ₹293.82 crore for the December quarter, against ₹668.2 crore in the previous quarter. Revenue from operations came in at ₹413.6 crore against ₹608 crore during the previous one as the company had no dividend income in the quarter, against ₹216.85 crore in the previous one. NALCO & Hindustan Copper: Khanij Bidesh India Ltd (KABIL), a joint venture between NALCO, Hindustan Copper, and Mineral Exploration Co.

16.01 / 02:49

markets COST UPS blues Features OnePlus Buds 3 confirmed to launch in India alongside OnePlus 12 series on January 23. Details here

OnePlus 12 and OnePlus 12R smartphones on January 23. The Buds 3 feature a 10.4mm composite diaphragm driver and come with up to 44 hours of battery life. The OnePlus TWS are IP55 rated and come with support for LHDC 5.0 audio and Bluetooth 5.3.

16.01 / 02:25

COST UPS Reuters Manufacturing Hasbro Mattel country play Toy manufacturers' shift from China is no child's play as countries struggle to match up

China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro approached Indian durable goods and aerospace supplier Aequs to sub-contract.

16.01 / 01:41

COST UPS Target Southern show track Oil ticks up as Middle East crisis escalates, tankers divert

By Arathy Somasekhar

16.01 / 01:39

markets COST economy Trade Experts show Low Benchmark yield at 4-month low on slower inflation rise

bond yields fell to their lowest levels in almost four months on Monday, pushing down borrowing costs across the economy, as a lower-than-expected rise in India's inflation and rising US bonds bolstered market sentiment. Yields and bond prices move in opposite directions. The 10-year benchmark government bond yield — a pricing reference for a host of credit products — ended trade at 7.152% on Monday, its lowest closing level since September 26, Bloomberg data showed.

16.01 / 01:39

markets COST UPS Software show stage innovations Local SaaS firms under the thumb to retool for artificial intelligence

At least half a dozen investors ET spoke to said it will be crucial for early-stage software companies to showcase how they are leveraging AI in their products to attract new investments in 2024.

16.01 / 01:39

COST UPS Digital Aware CEO reports Schools Udaan valuation dives to $1.8 billion in down round

Udaan’s valuation has fallen by nearly half to around $1.8 billion in a down round, marking one of the most precipitous drops for a startup that has raised over $1 billion, people aware of the matter said. Bengaluru-based Udaan was last valued at $3.2 billion following a funding round in January 2021.

16.01 / 00:19

markets COST UPS wellness show Australia consumer sentiment worsens in Jan- Westpac

Investing.com-- Australian consumer sentiment deteriorated in early-January, a private survey showed on Tuesday, as signs of sticky inflation kept respondents on edge over more interest rate hikes and lower household savings.

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