Country Financial News

03.06 / 14:53

markets Progressive Align Election Universities country stake Kalyan Jewellers to acquire balance 15% stake in Candere

Kalyan Jewellers India on Monday announced the signing of the definitive agreement with Rupesh Jain, founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of Kalyan Jewellers. This stake acquisition for consideration of Rs. 42 crore will result in Candere being a wholly owned subsidiary of Kalyan Jewellers, as it pivots from e-commerce to omni-channel commerce.

03.06 / 14:53

Google Election country Schools Google says tech infrastructure investment in Singapore reaches $5 billion

Alphabet's Google said on Monday the completion of its data centre and cloud facilities expansion in Singapore meant it had invested $5 billion in its technical infrastructure in the Southeast Asian nation. The company said its data centres in Singapore employ over 500 people and are used to power services such as Google Search and Maps.

03.06 / 14:43

UPS IPO Digital CEO country innovations reports Wipro appoints Bruno Schenk as country head and managing director for Switzerland, effective immediately

Wipro, on Monday, announced the appointment of Bruno Schenk as the Country Head and Managing Director for Switzerland, effective immediately.According to the exchange filing, Schenk will report to Wipro’s Europe CEO Pierre Bruno and will succeed René Mulder, who has decided to pursue opportunities outside Wipro.Also read: Infosys chairman Nilekani says GenAI has enormous potential, plays down risks“I extend a warm welcome to Bruno, and I look forward to the insights, energy and rigour he will bring to our clients and teams in Switzerland and as part of our Europe Leadership Team. René and Bruno will work together closely over the coming weeks to ensure a smooth transition.

03.06 / 14:43

Provident Aware Election trends country International Lok Sabha Election Result: EC sets new records in 'mammoth' 2024 polls — 10 key takeaways

Election Commission said the Lok Sabha polls were an "electoral Marathon successfully run". It added, "Celebration of democracy with over 97 Cr electors, 1.5 Cr polling officials & 10.5 lakh polling stations."This is one of the many records set by the nation during the Lok Sabha Elections 2024. Here's a look at other milestones the country and the Election Commission achieved during the polls, along with some key takes aways shared by the EC on Monday.1. Voter was the "poll-star": The Election Commission said the total voters in the general elections 2024 were 1.5 times the voters of G7 countries and 2.5 times the voters of "27 EU countries in their last National Elections".

03.06 / 14:43

markets Digital Audi country exclusive blues Features 2024 Mercedes GLC and C-Class debut with premium upgrades: Prices, features, and more

2024 GLC 300 4MATIC is set at ₹75.90 lakh, with the GLC 220d 4MATIC priced at ₹76.90 lakh. The refreshed C-Class models are listed at ₹61.85 lakh for the C 200, ₹62.85 lakh for the C 220d, and ₹69 lakh for the C 300 AMG Line.

03.06 / 14:09

markets UPS economy wellness country Oil inches lower as investors weigh up extended OPEC+ supply cuts

Oil prices edged lower on Monday as investors digested the complex deal brokered by producer group OPEC+ to extend various layers of output cuts, much of them into 2025. Brent crude futures for August delivery were down 42 cents at $80.69 a barrel by 1318 GMT. U.S. West Texas Intermediate (WTI) crude futures for July delivery slipped 45 cents to $76.54.

03.06 / 13:31

UPS Citi Election President country social Latin Claudian Sheinbaum – The Mexican President

As Mexico votes for a new President, it has become clear that the Mexican voters have decided that they want a Scientist, Engineer, and the former mayor of Mexico City who also happens to be Jewish and a woman to become the new President. The combination of such adjectives is seldom seen in politicians especially when they are all being used to describe just one person. Claudia Sheinbaum, a name that gives away her Jewish and European roots, is all set to become the Mexican President as Mexico votes for over 20,000 seats. Claudia much like her opponent, Xochitcl Galvez; a former senator and an entrepreneur both encouraged the voters to exercise their voting rights.

03.06 / 13:11

Provident CEO Assurant WhatsApp country Punjab National Bank, IIFCL sign pact for financing infra projects

Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL) on Monday signed an agreement to offer long-term financial assistance to viable infrastructure projects. With this, both the institutions will collaborate to fund the infrastructure projects wherein the parties can mutually participate under consortium/multiple lending arrangements to provide financial support to the prospective borrowers subject to due diligence and on a case-to-case basis, a joint statement said.

03.06 / 13:11

Citi Election students Universities country politician Iran's hard-line parliament speaker Mohammad Bagher Ghalibaf registers as a presidential candidate

Iran's hard-line parliament speaker, Mohammad Bagher Qalibaf, registered Monday for country's June 28 presidential election. Monday marked the last day of registration for the competition. Other politicians have been rumored as potential candidates in the vote to replace Ebrahim Raisi, who died in a helicopter crash with seven others on May 19.

03.06 / 13:11

Election President Actor country Olympics Videos Microsoft President Brad Smith warns of ‘Deepfake’ threat in European elections, urges caution

abusive content such as deepfakes. While acknowledging the growing use of AI-generated deepfakes in elections globally, including in countries like India, the United States, Pakistan, and Indonesia, Smith reassured that Microsoft has not detected significant attempts to exploit AI in the European Parliamentary elections.Highlighting instances of deepfake videos surfacing during India's general election, where Bollywood actors criticized Prime Minister Narendra Modi, Smith underscored the potential threat posed by AI-generated disinformation.

03.06 / 13:11

Target Election show country Equality Lok Sabha Elections 2024: 5 incredible feats that Modi is likely to break tomorrow if....

PM Narendra Modi-led Bharatiya Janata Party (BJP) government at the centre. The BJP-led National Democratic Alliance (NDA) is also predicted to win 400+ seats, which the party aspired to achieve in its pursuit for another five-year term at the Centre.Also Read: Lok Sabha Elections 2024: PM Modi is likely to equal this record of Nehru, however...The Lok Sabha Elections 2024 was held in seven phases beginning April 19 with the last phase held on June 1. The BJP-led NDA, seeking a record third term under Prime Minister Narendra Modi, has set a target of winning 400 seats this election.

03.06 / 12:35

markets UPS Provident country reports International These accounting firms took a different approach to shaking up their structure

Accounting firm Forvis acquired the U.S. unit of Mazars as part of a new international partnership, marking another unique structural shake-up in the industry as peers carve out divergent paths to boost their market share. The firms finalized the arrangements on Saturday following an agreement signed last November.

03.06 / 12:15

markets economy War country reports OPEC+ extended cuts but plans to boost again in the fall

OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year.

03.06 / 12:12

UPS Election President Freedom poverty country The ANC party that freed South Africa from apartheid loses its 30-year majority in landmark election

The African National Congress party has lost its parliamentary majority in a historic election result that puts South Africa on a new political path for the first time since the end of the apartheid system of white minority rule 30 years ago

03.06 / 12:11

UPS War country travelers International Oil producers led by Saudis extended supply cuts amid slack prices

Saudi Arabia and allied oil producing countries have extended their deep output cuts aimed at supporting slack prices

03.06 / 12:11

wellness Kuna War country reports prevention Kuwait's emir names new crown prince, Sheikh Sabah Khalid Al Sabah

Kuwait’s ruling emir has named the small nation’s new crown prince, nearly six months after he took the throne

03.06 / 12:11

President War country travelers recommendations prevention Maldives will ban Israelis from entering the country over the war in Gaza

The Maldives government will ban Israelis from the Indian Ocean archipelago, known for luxury resorts, as public anger in the predominantly Muslim nation rises over the war in Gaza

03.06 / 12:11

security country beautiful blues evacuation Popular geothermal spa in Iceland reopens to tourists after nearby volcano stabilizes

The popular Blue Lagoon geothermal spa, one of Iceland’s biggest tourist attractions in the country’s southwest, has reopened after authorities said a nearby volcano had stabilized after erupting four days earlier

03.06 / 12:11

COST BLOCK President show country Nigeria loses electricity and major airports close as unions seek higher wages amid record inflation

Africa’s most populous country has ground to a halt as Nigeria’s largest labor unions begin striking to demand a salary increase amid the worst cost of living crisis in decades

03.06 / 11:41

IPO Manufacturing Research Experts country testing Pharmaceuticals Kronox Lab Sciences IPO: 10 key risks investors should know before subscribing to the issue

₹130.15 crore.Vadodara-based Kronox is a manufacturer of speciality fine chemicals. Many sectors, including biotech, pharmaceutical formulations, active pharmaceutical components, metallurgy, agrochemicals, animal health, and scientific research and testing, employ its products for a variety of purposes.Also Read: Kronox Lab Sciences IPO: GMP, review, subscription status, other details.

03.06 / 11:25

markets COST Election Highways track country NHAI's revised toll rates come to effect across highways

revised toll charges for motorists on national highways across the country have come to effect from Monday, an official said. The National Highways Authority of India (NHAI) has hiked the toll charges by an average of 5 per cent.

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