Country Financial News
05.09 / 14:53
Facebook
Provident
Telegram
Fighting
Strategy
country
Russian Private Military Companies Move to Take Over Wagner Fighters
Security groups loyal to the Kremlin are moving to take control of Wagner’s military forces in Ukraine and Africa in the wake of the death of its founder, Yevgeny Prigozhin. Mercenary groups with ties to Russian security forces and oligarchs close to the Kremlin are moving to absorb thousands of Wagner soldiers. In doing so, the Kremlin is seeking to commandeer experienced troops for the war in Ukraine and retain the influence Wagner had earned in parts of Africa.
05.09 / 14:53
Citi
Provident
show
country
Inside
Kim Jong Un Has Many Reasons to Meet With Vladimir Putin
SEOUL—For more than four years, Kim Jong Un has stayed inside his country’s borders, focused on a deadly virus, a stifled economy and a corrupt elite. Now, the North Korean leader, U.S. officials said, could be planning his first foreign trip to Russia for a meeting with Vladimir Putin.
05.09 / 14:53
UPS
Gap
Strategy
country
Power
Coal ministry says coal stocks ‘adequate’ after power ministry flags shortfall
Coal India Limited stood at 45.33 MT as of August-end, registering a year-on-year growth of 45.66%. "This higher coal stock position indicates commitment of maintaining an ample supply of coal by the ministry of coal and highlights effective stock management strategies and operational efficiency," the ministry said.
05.09 / 14:49
UPS
IPO
Booking
Platform
country
blues
IPOs
SMAHI Hotels, Motisons Jewellers get Sebi nod to float IPOs
Sebi to raise funds through an IPO. In Sebi's parlance, a final observation letter is equivalent to approval. SAMHI Hotels had filed preliminary IPO papers with Sebi in March. The issue comprises a fresh equity of Rs 1,000 crore and an offer for sale (OFS) of 9 million shares by selling shareholders. Under the OFS, Blue Chandra Pte will offload 4.23 million shares, Goldman Sachs will sell up to 2.48 million units.
05.09 / 14:49
UPS
FIVE
Citizens
Mobile
country
MP polls: Amit Shah urges people to bless BJP for winning over 150 seats
BJP so that it wins more than 150 seats in the upcoming assembly elections in Madhya Pradesh and form a «double-engine» government for ensuring the state's development. Elections to the 230-member MP assembly are due by November. After flagging off the BJP's 'Jan Ashirwad Yatra', a mass outreach programme, in Mandla district earlier, Shah was to reach Sheopur to launch another yatra.
05.09 / 14:49
Twitter
love
Pride
country
star
blues
debate
What’s in a name? Virendra Sehwag, Sheetal Chopra join ‘India vs Bharat’ debate; old video of Pawan Kalyan urging a name change goes viral
What’s in a name? The query is clearly rhetorical one. Name is more than an amalgamation of words. It can indicate cultural pride, sense of identity and even reclaiming it. It is also not bereft of political connotations. Hours after the Government sent invites to the heads of state for the President’s dinner (for the upcoming G20 summit) in the name of the President of Bharat, rather than the standard President of India, X (formerly Twitter), became a hotbed of political polarisation as well as memes.
05.09 / 14:49
UPS
Fighting
Remark
Veda
Pride
country
India, that is Bharat: The origin and meaning of the ancient name
President of Bharat' instead of the usual 'President of India' has kicked off a big controversy. Many see it as a precursor to possible renaming of India as Bharat in the forthcoming special session of Parliament.
05.09 / 14:29
UPS
Provident
Target
country
Analysts weigh in as oil prices rise sharply on extended production cuts
Saudi Arabia and Russia have reached an agreement to extend existing production and export cuts until the end of the year 2023.
05.09 / 14:03
COST
Lowe's
Volkswagen
Tesla
country
BYD, China’s Tesla, Is Coming for the World
China’s electric-vehicle champion BYD has sped ahead in its home market despite a bruising price war. Now it will try to export its way to even greater success. The Warren Buffett-backed Chinese automaker sold 1.8 million new-energy vehicles, including plug-in hybrids, in the first eight months of the year—an 83% rise from a year earlier.
05.09 / 13:49
Facebook
Platform
Meta Platforms
country
social
Meta to drop 'Facebook News' tab in some European countries
Meta Platforms said on Tuesday it will discontinue a "Facebook News" tab in its social media app in the UK, France and Germany later this year.
05.09 / 13:49
Cooper
Progressive
country
Indian
India or Bharat? This is what Article 1 of the Indian Constitution says
Article 1 of the Constitution which sets the tone for the entire constitutional framework starts with both 'India' and 'Bharat.' The particular article is considered as the foundational provision that establishes the Union of India. Conversations regarding the name change has started because of reports claiming that Narendra Modi-led government is expected to bring a resolution for changing India's official name to 'Bharat' during the special session of Parliament, scheduled from September 18-22What is Article 1?
05.09 / 13:47
UPS
IPO
Manufacturing
country
Stanley Lifestyles files for IPO
₹200 crore through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth ₹200 crore, and an offer-for sale of up to 9.13 million shares by existing shareholders, including the promoter group. The sofa maker said that founders Shubha Sunil and Sunil Suresh plan to sell up to 1.18 million shares in the OFS, while Oman India Joint Investment Fund II plans to offer up to 5.54 million shares.
05.09 / 13:27
05.09 / 13:27
UPS
COMPOSITE
show
country
Oil prices retreat after weak Chinese, European activity data
Investing.com — Oil prices fell Tuesday, retreating from their highest levels this year as weak Chinese services activity data pointed to more headwinds for the world’s second largest economy, and largest crude importer.
05.09 / 13:27
05.09 / 13:27
VISA
NASDAQ
DOW
COMPOSITE
country
Futures slip, Goldman Sachs cuts recession chances - what's moving markets
Investing.com -- U.S. stock futures edge down following the Labor Day holiday, with traders trying to suss out the path ahead for price gains and the wider economy. Meanwhile, Goldman Sachs reduces the chances that America will slip into a recession over the next 12 months, pointing to recent labor and inflation data. Elsewhere, weak overseas demand weighs on activity in China's services sector.
05.09 / 12:53
Digital
Amazon
Software
Enterprise
country
Neon onboards SaaS expert Gagan Josan as General Partner
B2B software as a service (SaaS) companies globally, on Tuesday said it has appointed Gagan Josan as General Partner. The fund said Josan has a decade of leadership experience spanning across SaaS entrepreneurship and sales, which fortifies its commitment to help portfolio companies get to $10 million in annual recurring revenue (ARR). “The India SaaS story is just getting started. The next two decades will see unprecedented growth,” Josan said in a statement. “I was pulled towards Neon by their refreshing approach toward early-stage investments — not only working with the best SaaS startups across the country but going above and beyond to help accelerate their journey to $10 million ARR.”
05.09 / 12:53
Twitter
country
'Another blow to slavery mentality': Uttarakhand CM Pushkar Singh Dhami hails 'Republic of Bharat'
Pushkar Singh Dhami said on Tuesday that the government of India has given another blow to the slavery mentality by replacing 'India' with 'Bharat' on the invitation card for the dinner to be held at Rashtrapati Bhavan during the G20 Summit. Taking to X (formerly Twitter), Dhami posted a picture of the G20 summit invitation and wrote, «Another blow to the slavery mentality. It is a proud moment for every countryman to have 'The President of Bharat' written on the invitation card for the dinner to be held at Rashtrapati Bhavan during the G20 Summit.
05.09 / 12:49
FIVE
show
country
Will BJP rename Bharat if INDIA bloc rechristens itself 'BHARAT': Arvind Kejriwal
Arvind Kejriwal on Tuesday asked a "flustered" BJP whether it would change the name of Bharat if the opposition alliance INDIA rechristens itself ‘Bharat’, amid controversy over G20 dinner invites purportedly sent on behalf of the ‘President of Bharat’. The Congress on Tuesday alleged that an invite sent by the Narendra Modi government for a G20 dinner refers to the President as "President of Bharat" and not India. I have no official information on this.
05.09 / 12:49
UPS
FIVE
NIFTY
performer
country
Indian
Returns
At 10.9%, Indian stock market delivered higher returns than US, China, others in last 10 years: Report
Indian stock market has outperformed major markets in the world on a three-year, five-year and 10-year basis. The Nifty large cap index has delivered a 10.9 per cent annualized return over the past 10 years, compared to 6 per cent of the US index and 2.7 per cent of China's market, according to a report by ASK Investment Managers. In the last five years, Indian markets delivered 18.8 per cent annualized return, compared to 6.9 per cent of US, 12.1 per cent of Japan index, and 7.6 per cent of US index.
05.09 / 12:39
Digital
Man
Progressive
Aware
country
electronic
Framework
G20 digital economy ministers agree on broad framework for DPI, working principles: MoS IT
digital public infrastructure (DPI), the minister of state for electronics and information technology Rajeev Chandrasekhar said on Tuesday. “India is now a case study — as a nation that employed and deployed technological tools for progress and growth. Countries that have lagged increasingly see this as a way to follow India’s lead in DPIs, an open-source digital infrastructure, and using it to create the same impact that India has,” he said.
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