COST Financial News

07.08 / 06:31
COST Remark performer stage Watch Messi do it again: Magic free-kick saves Inter Miami against FC Dallas; check David Beckham’s priceless reaction
Lionel Messi once again displayed his brilliance, leading Inter Miami to a thrilling victory over FC Dallas in the Leagues Cup. Despite facing a 2-1 deficit at halftime and being down 3-1 at the start of the second half, Inter Miami made a remarkable comeback, with Messi's outstanding performance as the catalyst. Leo scored two crucial goals, including a magical free-kick in the 85th minute, which levelled the score at 4-4.
07.08 / 06:31
COST UPS Booking Stock market today: Why industrial alcohol stocks are skyrocketing today — explained
Stock market today: Industrial alcohol maker company's shares have been in uptrend since early morning deals. Praj Industries share price added around one per cent during morning session whereas Global Spirits shares surged over 7 per cent. BCL Industires share price also witnessed heavy buying during morning deals and added over 5 per cent within few minutes of stock market's opening bell.
07.08 / 06:31
COST UPS Target performer analysts share price SBI share price gains after Q1 results; here is why analysts see 24% to 32% more upside
SBI share price gained as much as 1.13% in the early trade to ₹579.75 apiece on the BSE. However, SBI shares failed to hold gains and fell from the day’s high to trade nearly a percent lower. SBI Q1 net profit jumped 178.25% YoY to ₹16,884 crore.
07.08 / 06:09
COST UPS KFC Costs Restaurant Brands Asia Q1 Results: Burger King's India operator posts wider loss on higher costs
Burger King's India operator incurred higher raw material expenses while also spending heavily on more stores. The restaurant chain's consolidated net loss widened to 504.8 million rupees ($6.1 million) for the quarter ended June 30, from 475 million rupees a year ago, according to an exchange filing.
07.08 / 06:09
COST UPS Discover show Future Costly vows, uncertain future: Study shows correlation between wedding spending and divorce rates
In a time when weddings can cost a fortune, this study is here to shake things up. Some people believe in going all out for their big day, while others prefer to be smart with their spending. According to this research, those who go for a simpler approach might have a better chance at a lasting relationship and lower chances of divorce.
07.08 / 06:09
COST Target FIVE Ford awards Liontown snares Western alliance solution to funding shortfall
Kalgoorlie | Liontown Resources has won backing from a coalition of government finance agencies in Australia, South Korea and the US to bridge a $300 million funding shortfall for its flagship lithium project in Western Australia.
07.08 / 05:41
COST Provident country Indian Corporate guarantees given to subsidiaries land many Indian holding companies in a GST pickle
The cases relate to demands raised under the Goods and Services Tax (GST) Act. As per estimates by officials, the aggregate demand in the past three months amounts to a few hundred crores. The office of the directorate general of goods and services tax intelligence (DGGI) as well as state audit officials are currently probing such cases across sectors.
07.08 / 05:21
COST UPS Chase Cement price movements in July defy past trend; hikes likely in August
Emkay Global Financial Services Ltd, average cement prices declined marginally by Rs1 per bag on a month-on-month basis at Rs374 in July 2023 versus average price decline of Rs5-7 in the past three-four years. One cement bag weighs 50 kilograms. “Region-wise, prices have declined by Rs2-3/bag in west and south, Rs6/bag in east, and stood flat in the central region; but, prices improved by Rs6/bag in north on month-on-month basis.
07.08 / 05:01
COST UPS Target Buy State Bank of India, target price Rs 750: HDFC Securities
State Bank of India with a target price of Rs 750. The current market price of State Bank of India is Rs 570.65.State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 509149.11 Crore).
07.08 / 04:39
COST IPO band Premium Khazanchi Jewellers lists with 1.6% premium at ₹142.30 per share on BSE SME
₹142.30 apiece on the BSE SME, a premium of 1.64% to the issue price of ₹140 per share. Khazanchi Jewellers IPO was subscribed 1.26 times during July 24 to July 28, 2023.
07.08 / 04:09
COST Citi analysts Analysts sceptical about Incitec Pivot fertiliser biz sale
Incitec Pivot might be edging closer to selling off its Australian fertilisers business – with Indonesia’s Pupuk Kaltimunderstood to be the preferred bidder – but Morgan Stanley isn’t so sure it’s going to sail through.
07.08 / 03:59
COST FIVE Manufacturing Fallout Fitch country etmarkets ETMarkets FII Talk: This fund manager of Chicago based investment firm with over $1.6 bn in AUM is overweight on India
“We currently have an overweight position in India in our EM portfolio. But that wasn’t always the case. We launched the portfolio 5 years back with a marginally underweight position in India,” says Nikhil Rastogi, Portfolio Manager at Kabouter Management which has an AUM of $1.6 bn.
07.08 / 03:31
COST UPS Provident show Central government likely to increase dearness allowance to 45% for employees and pensioners
dearness allowance (DA) for its over 1 crore employees and pensioners by 3 percentage points to 45% from the existing 42%, as per the agreed formula for the purpose. The decision is likely to be taken by the Union Cabinet soon, after the expenditure department of the Finance Ministry formulates a proposal to hike DA along with its revenue implication. The proposal will then be put up before the Cabinet for approval.
07.08 / 01:45
COST UPS Provident Aware Shell country cover rights Know your rights: How men can protect their finances while going through a divorce
In a country where women usually bear the financial brunt of divorce and are victims of dowry and domestic abuse, most advice and sympathy are directed towards them. In the process, men are often ignored when it comes to highlighting their financial and legal rights in a divorce, or even when they are victimised in fake cases of abuse and dowry. To gain an upper hand during divorce proceedings, women are known to file fake cases to put pressure on their husbands.
07.08 / 01:21
COST Siemens Daimler Daimler Truck CFO Jochen Goetz loses life in 'tragic accident'
Siemens veteran, said “Just a few days ago, he convincingly and confidently presented the successful financial development of 'his company' to the supervisory board." Daimler Truck achieved a second quarter record adjusted return on sales of 10.3% for its industrial business, the company said last Tuesday, even as it faced rising monthly costs from inflation.
07.08 / 01:17
COST UPS FIVE performer stage Kalium founder says NAIF acted as ‘shadow director’ in potash collapse
The founding director offailed potash company Kalium Lakes has asked market regulators to probe the role a federal agency played in Friday’s corporate collapse, which has put the recovery of more than $204.5 million of Australian and German taxpayer funds in serious doubt.
07.08 / 00:39
COST UPS Gap US treasury market tops record $25-trillion mark in July
government is on the hook to investors for more than $25 trillion as it ramps up borrowing to plug a widening budget gap. The combined total amount of Treasury bills, notes and bonds outstanding increased by about 1% during July to a record $25.137 trillion, according to data released Friday.
07.08 / 00:39
COST RAI show social 2024 IT companies’ telecom business revenue may stay under pressure through 2024
Analysts suggest that the segment is likely to remain under pressure through mid 2024. Data from Jefferies shows a cumulative 4.6% dip in sequential revenue from the vertical across IT majors, the highest vertical-wise dip compared to all other segments, while revenue from Banking, financial services, insurance (BFSI), which is the largest revenue contributor for the Indian IT industry — saw revenue declining by a lesser percentage — 0.8% during the same period.
07.08 / 00:39
COST Lowe's Digital Booking Platform Inside rate hikes Rate hikes, margin pinch put pay-later companies in a tough spot
BNPL ventures have been facing growth challenges, said founders and other executives. Rising interest rates and narrower margins are among the main challenges. Rupifi, ePayLater and others in the online segment are feeling the heat, with eB2B marketplaces scaling down or tightening operations across categories.
06.08 / 23:03
COST UPS Target Career Strategy Align star Lost Gold mining boss says sector lost its way, more M&A coming
Gold mining rainmaker Raleigh Finlayson is tipping the spate of deals in the sector to intensify, and is openly bullish about the outlook for the precious metal in one of the few times in his career that he has volunteered an optimistic gold forecast.
06.08 / 23:03
COST Provident BLOCK ANZ stage Suncorp adviser claimed merger with Bendigo ‘value accretive’
Suncorp heard from advisers last year that merging its bank with mid-tier rival Bendigo and Adelaide was a valid idea, and better than the insurer running its bank alone, according to the competition regulator’s investigations behind its blocking of the $4.9 billion deal with ANZ.

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