COST Financial News
12.07 / 01:15
COST
UPS
Disney
Disney explores strategic options for its business in India: Report
Premier League cricket matches. Disney also shed 300,000 customers in the United States and Canada, where it raised prices last December.
12.07 / 01:15
COST
Microsoft
Accenture
services
KPMG to expand ties with Microsoft, will spend $2 billion in AI, cloud services
In a bid to include latest technologies like AI and cloud services, KPMG, will spend $2 billion on the same through an expanded partnership with Microsoft, the accounting firm said on Tuesday. The move has come come after Accenture is heading towards the latest technologies to weather a slowdown in advisory deals.
12.07 / 00:51
COST
UPS
Platform
ANZ
end
Rupee and bonds rebound on hopes Fed nearing end to hikes
bonds and the rupee have staged a smart recovery as concerns over how much higher US interest rates may head have been soothed by a lower-than-anticipated American jobs number and comments by Fed officials hinting at the end of tightening. Yield on the 10-year benchmark government bond has eased 7 basis points from its close of 7.16% on Friday, largely tracking a steep fall in US government borrowing costs. Bond prices and yields move inversely.
12.07 / 00:03
COST
UPS
Citi
Provident
Aware
Manufacturing
World Paper Bag Day 2023: Date, theme, history, significance and other important details
Few years back, plastic bags were everywhere, from grocery stores to retail businesses, but as they pose significant threat to our beloved mother Earth, a strong movement gained momentum against the uses of plastic bags as they not only take hundreds of years to decompose but also cause harm to wildlife, pollute oceans and landscapes causing long-term damage to our ecosystems. The movement promoted eco-friendly alternatives to plastic bags. Here comes the eco-friendly Paper Bags manufactured from sustainable materials and are simple to recycle. They provide a green option for carrying and packaging goods.
11.07 / 23:21
COST
UPS
FIVE
Compilation
Financial
Financial pressure building on several fronts for Canadians as Bank of Canada decision looms, poll finds
Having exhausted their savings, Canadians are now struggling on a series of financial fronts, according to latest reading from an ongoing poll that is being released on the eve of the Bank of Canada‘s interest rate decision.
11.07 / 20:49
COST
UPS
Citi
Gap
India plans LNG terminal in Iraq
NEW DELHI : India is planning to build a liquefied natural gas (LNG) terminal in Iraq as it looks to diversify supplies and strengthen its energy security, a government official said. The terminal will liquify some portion of the gas currently flared by Iraq and transport it to India, where it will be converted back to LNG for use in city gas distribution as well as power, fertilizer, and steel sectors. A team from state-run Indian Oil Corp.
11.07 / 20:49
COST
UPS
FIVE
MAIL
Citizens
Passports: What to Know About Renewal Times, Prices and Global Entry
If you haven’t yet renewed your passport ahead of an international trip, prepare to pay plenty to fix the problem. Wait times for passports have increased across the board in recent months. Standard processing times are 10 to 13 weeks, the State Department says.
11.07 / 20:49
COST
Digital
Disney
CEO
Parke
Disney Explores Strategic Options for India Business
Disney is exploring strategic options for its Star India business, including a joint venture or a sale, a sign of strain at one of the premier properties it acquired from Fox. The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to people familiar with the matter. The talks are in the early stages and it is unclear which options, if any, Disney might pursue.
11.07 / 20:25
COST
guidelines
Canada's OSFI proposes changes to capital adequacy guidelines
(Reuters) — Canada's banking regulator on Tuesday proposed changes to capital adequacy guidelines for lenders and insurers to help them manage mortgage risks better.
11.07 / 19:31
COST
FIVE
Progressive
Waters
South32’s NSW coal mine took water without permit
ASX-listed South32 admitted its NSW coal mine drew on water for five years at its underground coal mine near Wollongong without a permit, and agreed to pay almost $2.9 million to fund a community water project.
11.07 / 19:31
11.07 / 19:31
COST
UPS
Strategy
Enterprise
UBS
Selamat datang! Asian SOE seeks to spoil Incitec’s fertiliser spin-off
There’s nothing like a struggling demerger on the home front to pique the interest of a cashed-up offshore investor.
11.07 / 19:17
COST
UPS
Digital
AXY
Happiest Minds launches ₹400 crore QIP
₹400 crore Qualified Institutional Placement (QIP) on late Tuesday evening, a person with knowledge of the development said. The company has allowed for a ₹100 crore allotment for oversubscription, which could take the total deal size to over ₹500 crore. The QIP is being managed by Axis Capital and ICICI Securities, the person cited above said, asking to be anonymous.
11.07 / 18:39
COST
UPS
Career
VACATION
An Overachiever’s Guide to Bringing Vacation Treats Back to the Office
Treating co-workers to goodies from your vacation can be a career-enhancing move. It can also backfire. Coming back to the office with souvenirs and treats from summer travels is as much a rite of the season as taking the vacation itself.
11.07 / 18:39
COST
UPS
Extreme
Deficit to deluge: India’s swinging monsoon test
climate change. However, over the years, the heavy rain days have been rising while rainy days are declining—leading to a skewed distribution—due to climate change. Further, the IMD said that predicting the severity of an extreme rainfall is difficult.
11.07 / 18:19
COST
Platform
Intel
Xbox
fall
EA Sports FC 24 rumored to release this fall, trailer out: See key details, how to pre-order, price
EA Sports FC 24, to keep the game going. Meanwhile, FIFA 24 will join some other third-party client. EA swiftly dropped the trailer, giving a sneak peek to what to expect in the upcoming game which features over 31 different footballers of men’s and women’s game.
11.07 / 17:05
COST
UPS
Provident
FIVE
CBI
CBI and Enforcement Directorate directors can have maximum tenure of five years: Supreme Court
Supreme Court Tuesday upheld the validity of two central laws and the corresponding rules that provide for a maximum tenure of five years for the directors of the CBI and Enforcement Directorate. A bench of Justices BR Gavai, Vikram Nath and Sanjay Karol rejected the contention of the petitioners, including some leaders of the Congress and TMC, that the amendments made to the Acts will be used as «carrot and stick» by the government of the day to ensure that the chiefs of the two central probe agencies work according to its wishes.
11.07 / 16:15
COST
UPS
IPO
Booking
Platform
open
SME IPO: Service Care's issue to open on July 14. 10 things to know about the offer
1) Company overview The company offers integrated services in the areas of facility management and payroll management.2) Industry overview The growing penetration of the Internet of Things (IoT) majorly drives the global market and coinciding with it is the rising demand for integrated services in facility management, such as energy management, maintenance, and repair, to maintain a safe and efficient facility while reducing the costs associated with downtime and repairs.3) Issue size The IPO is entirely a fresh equity issue of up to 30.86 lakh shares, aggregating up to Rs Rs 20.68 crore4) Price band The company will offer its shares at a price band of Rs 63-67 apiece, and investors can bid for 2,000 shares in 1 lot.5) Financial performance For the period ending January 2023, the company has recorded revenues of Rs 132 crore, and net profit of Rs 3.02 crore.6) Objects of the offer The net proceeds from the public offer will be used to meet working capital of the company, general corporate purposes and other public issue related expenses.7) Booking running lead managers Swastika Investmart is acting as the lead manager to the issue, while Integrated Registry Management Services is the registrar.8) Issue structure About 50% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and the rest 35% for retail investors.9) Important dates The IPO opens on July 14 and closes on July 18. The final allotment will be made on July 21.
11.07 / 16:07
COST
Provident
Target
Maxim
Williams
Political business cycles can’t simply be wished away
It is impossible to consider the ordinary course of affairs in the United States without perceiving that the desire to be re-elected is the chief aim of the President... and that especially as [this election] approaches, his personal interest takes the place of his interest in the public good," observed Alexis de Tocqueville in his classic Democracy in America.
11.07 / 15:29
COST
FIVE
Gap
Remark
Bangladesh, India launch trade transactions in rupees
Bangladesh and India on Tuesday launched a much-anticipated trade transaction in rupees, a move aimed at reducing dependence on the US dollar and strengthening regional currency and trade. This is the first time Bangladesh has done bilateral trade with a foreign country in addition to the US dollar.Bangladesh Bank Governor Abdur Rouf Talukder described the start of trade settlement in rupees as the «first step in a great journey».
11.07 / 14:45
COST
UPS
Provident
Enterprise
Govt floats tender to set up 4.5 lakh tonne green hydrogen production facility in India
Solar Energy Corporation of India (SECI) has floated a tender for setting up a production facility of 4.5 lakh tonne of green hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. SECI is a Government of India enterprise under the administrative control of Ministry of New & Renewable Energy (MNRE). It is a nodal agency for implementing various schemes for renewable energy in the country.
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