COST Financial News

UBS Group AG agreed to pay $1.44 billion to settle a long-running case over US mortgage-backed securities, resolving one of the bank’s largest outstanding legal issues as it works toward integrating Credit Suisse. 

Balaji Amineswhich is engaged in manufacturing specialty chemicals in an exchange filing said that in accordance with the SEBI Master Circular, we would like to submit that there has been a delay in the preparation of the Consolidated Financial Results on account of theunavailability of the management. “Therefore, the Company’s Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2023 will be approved subsequent to August 14, 2023 and that the Company will endeavour to get the same approved at the earliest," the statement added.

electric scooter, marking its return after a two-year period since the original model's release. The company has also announced its MoveOS4 software update. This latest software update brings enhanced features and improvements.

Dabur India Ltd will continue to expand its portfolio across price points and build on its power brands, said Mohit Malhotra, CEO, Dabur India. During the June quarter, the maker of Vatika shampoo and Hajmola candy reported a 8% jump in rural volumes much ahead of the market that grew 4%. Malhotra said rural demand was growing for the company driven by introduction of bridge packs, growing distribution coverage, and a general uptick in demand.

Bata is re-entering the premium price points with fresh portfolios while it increases spending on advertising and promotions to connect with young digital savvy consumers, according to company Managing Director and CEO Gunjan Shah. The company, as part of its sales strategy, is expanding its presence in both channels — physical stores and online — and expects e-commerce to contribute 20 per cent of its total sales in the next two to three years, he said.

Gautam Adani's renewable energy company is targeting to set up 45 gigawatts (GW) of renewable energy capacity by 2030, as it looks to cut emissions and help India meet its carbon neutrality target. Adani Green Energy Ltd has 8,316 megawatts (8.3 GW) of operational renewable energy capacity and another 12,118 MW either nearing construction or under execution, sources close to the company said. The target is to take this 20,434 MW (operational plus under execution projects) to 45,000 MW or 45 GW by 2030, they said, adding AGEL is looking to build roughly 3 GW of capacity to generate electricity from solar and wind energy every year.

IVF) treatment. As per a ToI report, the inauguration of this service, alongside assisted reproductive technology (ART) and intrauterine insemination (IUI), was done by Chief Minister Pramod Sawant at the Goa Medical College (GMC) in Bambolim yesterday. Depending on the hospital and the kind of IVF treatment, the cost of IVF in India comes between Rs 70,000 to Rs 3 lakh per cycle.

Diversify your financial landscape, for it is in the blend of risks and rewards that the seeds of financial freedom take root and bloom.

Narendra Modi while speaking from the ramparts of the Red Fort on the occasion of 77th Independence Day on Tuesday, greeted his 140 crore ‘Pariwarjan’ (Family Members) and noted the trust in the country which is at an all-time high. Addressing the nation on the occasion, he lauded the exemplary contribution of health workers specially Anganwadi workers and ASHA workers for their dedication and persistent efforts in achieving the milestone of over 200 crore Covid vaccinations. “Helping the world during and after COVID has established India as a friend to the world", he further noted.

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Russia's central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency rate move to try and halt the rouble's weakening past 100 to the dollar after a public call from the Kremlin for tighter monetary policy. The extraordinary rate meeting came after the rouble plummeted past the 100 threshold against the dollar on Monday, dragged down by the impact of Western sanctions on Russia's balance of trade and as military spending soars. President Vladimir Putin's economic adviser Maxim Oreshkin on Monday rebuked the central bank blaming what he called its soft monetary policy on the weakening rouble.

₹27,699 crore, marking a 6% year-on-year (YoY) growth and marginally surpassing market predictions. This surge was driven by aftermarket and industrial segments. However, performance in the OEM market remained subdued.

From cutting-edge features to user-friendly interfaces, these bikes offer more than just cardiovascular benefits; they are tailored to provide a comfortable and supportive experience, making them an ideal choice for those dealing with joint issues or back pain. Join us as we explore the top recumbent bikes that prioritize pain relief without compromising on fitness gains. Scroll through to know more.

Wordle is owned by The New York Times and is available to play at its official website. It was designed by Engineer Josh Wardle for his wife who loved word games. Later on, it was bought by The NYT for an undisclosed amount. Wordle is completely ad free. It does not require any initial formalities to play the game. The game is free of cost and has no subscription charges either. Wordle earlier provided a dictionary of previously played Wordle games on its website but it is not available now. Here's a quick brief on how to play Wordle? Wordle is a word puzzle game in which you have only six chances to crack a five letter word given in a grid. The block will change colors when letters are added, here's what it means- If the block turns Gray, it means letters from your word are not there in the secret word at all. Yellow means, the letters are there but not in the same position. Green means, you've nailed it, letters match with the same position in which they are placed.

“A theory, however elegant and seemingly foolproof is only as good as its implementation. The real world isn't a well-behaved mathematical model; it's chaotic, unpredictable. The smallest oversight in execution can make the greatest of strategies crumble." In a famous speech, Nobel Prize-winning mathematician John Nash stressed the importance of a robust strategy supported by a solid execution plan.

Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add.

DY Patil Medical College, situated in Navi Mumbai, has India's costliest medical degree on offer, a ToI report revealed on August 15. The MBBS degree offered by the college, at an eye-watering Rs 30.5 lakh fee a year, is the country's most expensive course of its kind, the report said. The total cost of the four-and-a-half-year degree from the college comes to more than Rs 1.35 crore.

The cost to live in Lahaina on the Hawaiian island of Maui keeps rising thanks to a chronic housing shortage and an influx of second-home buyers and wealthy transplants snatching up properties

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act

Ro, the care provider formerly known as Roman, has launched a “body program."