Country Financial News
22.12 / 09:33
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'Raises lot of questions on justice system’: Vijender Singh on Sakshee Malikkh's retirement
ANI, Malikkh added, “Being a player, I can understand her pain. The only female medalist in wrestling demanded justice but she did not get it. Pained by this, she retired.
22.12 / 09:33
Mobile
Yellow
stage
country
social
information
Rahul Gandhi says BJP MPs fled when Parliament breach happened: 'Hawa nikal gyi unki'
hawa nikal gyi unki...," Gandhi said. The Congress leader also asked two questions related to the Parliament security breach incident. "First, how did they (accused) come inside...they could have brought something else if they brought in a gas cylinder.
22.12 / 08:53
IPO
Booking
Southern
band
performer
country
RBZ Jewellers allotment to be finalised soon: how to check status, GMP details
BSE. The ₹100 crore initial public offer (IPO) of RBZ Jewellers was open for subscription between December 19 and December 21 at a price band of ₹95-100. Applicants in the public offer can find out if they have been issued shares, through the basis of allotment.
22.12 / 08:50
President
love
Celebrity
composer
country
song
When Meaty Delights Meet Foot-Tapping Beats, You Know It's Licious’ ‘Sound Of The Season’
Bangalore, 17th December 2023: India’s most loved meat & seafood brand, Licious, takes forth its endeavour to mark December as the most flavourful month of the year, this time, with a musical twist! The brand has partnered with popular music composer Sneha Khanwalkar to create the ‘Sound of the Season’ - a catchy, groovy sound piece that aptly translates the essence of Licious Decemmmber into beats and notes. The foot-tapping number begins with a gentle reminder that it’s not December, but Decemmmber; and is interspersed with delectable notes of ‘mmmm’ as Licious’ fans are seen relishing their favourite meaty delights.
22.12 / 08:47
Manufacturing
Remark
country
reports
Department
fall
Polycab India shares fall over 5% on reports of Income Tax Department raids at 50 company locations
Polycab India declined over 5 percent in intra-day deals on Friday following searches conducted by the Income Tax Department's investigation wing at nearly 50 locations connected to the company across the country. Reports indicate that residences and offices of top management associated with the cables and wire manufacturer were also subject to raids. The specific reasons behind the Income Tax Department's searches and the nature of the investigation remain unclear at this point.
22.12 / 07:58
Injustice
President
show
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voice
"BJP's policy to make daughter cry, torment": Congress's Randeep Surjewala after Brij Bhushan aide elected WFI chief
Sanjay Singh as the new president of the Wrestling Federation of India (WFI), Congress leader Randeep Singh Surjewala said that the party's policy is to make your daughter cry and torment. Followed by the election of Sanjay Singh as the new president of the WFI, Olympic medalist Sakshi Malik announced her retirement from wrestling on Thursday. Sakshi Malik, who was the face of wrestlers' protest against former WFI president Brij Bhushan Sharan Singh over sexual harassment allegations, on Thursday announced that she is quitting wrestling after his aide Singh was elected president of the federation. Reacting to this, Surjewala while addressing a press conference in the national capital, said, «The announcement of the retirement of the country's first female wrestler to win an Olympic berth after the election of BJP MP Brij Bhushan's assistant and 'nominee' Sanjay Singh, accused of sexual harassment daughters is a „dark chapter“ in sports history.» «Modi government has proved that the real slogan is to, „make daughters cry, torment and make sit at home“. This has become the sports policy of the BJP government,» he added. Hitting out at the BJP-led Central Government, the Congress leader said, «Modi government is directly responsible for 'atrocities and injustice' towards champion women wrestlers.
22.12 / 07:58
FIVE
Waters
Manufacturing
Align
Death
PepsiCo
country
Varun Beverages: India's bottling baron Ravi Jaipuria has found more fizz this year
Varun Beverages Ltd, the manufacturer, bottler and distributor of PepsiCo products, which helps the American company stay nimble by keeping it free of burdens that come with manufacturing and selling FMCG goods. Steady growth of Varun Beverages in recent years, despite Covid disruptions, has made it a darling of the markets.
22.12 / 07:27
Extreme
Manufacturing
Entertainment
Cummins
track
country
As FII flows move to India, which underperformers will make a comeback? Sanjiv Bhasin answers
Sanjiv Bhasin, Director, IIFL Securities, says “Commodities are back. Steel prices are going to go through the roof. Tata Steel is a clear outperformer. Before the budget, you will see Rs 170 on Tata Steel. Second pick would be Ashok Leyland. On a year-on-year, there has been a 9% increase in their sales in commercial vehicles. Tata Steel and Ashok Leyland are my two favourites. On the trading side, HDFC and Reliance are now the big heavyweights which will drive the index back to 21,500 and beyond.” I have been observing your commentary for almost a fortnight now, you are positive, but at the same time, you are nudging the investors. If you are sitting on very fat profits, do take some profit off the table as well. So, what is the positioning right now in the market? Sanjiv Bhasin: We have been cautioning you that the midcap rally was unsustainable, it needed a sharp correction. And you got a sharp correction of 3.5% on a single day and beyond. But that is where the feeling of missing out is tremendous. Mutual funds are sitting on cash and they try to time the market which is unfortunate and that is why they are now latching on to any correction.
22.12 / 07:26
Manufacturing
Experts
country
prevention
Export of India-made spirits expected to surpass USD 1 billion mark
Rajesh Agrawal, Additional Secretary at the Ministry of Commerce, highlighted this projection on Thursday, emphasizing the accelerating popularity of Indian made spirits worldwide. In 2022-23, the export value of Indian spirits reached USD 325 million, and with the escalating global demand, experts anticipate this figure to surpass USD 1 billion in the near future. Speaking on the subject, Agrawal stated, «Global market of alcoholic beverages stands today at USD 130 billion and Indian exports of these products was USD 325 million in 2022-23. As the global demand for Indian spirits is growing, we expect that in a few years, exports of Indian spirits will cross USD 1 billion.
22.12 / 06:53
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Delete
'Why don't you take it down': Delhi HC orders Rahul Gandhi to delete post revealing identity of rape survivor
Rahul Gandhi to remove a social media post concerning the alleged rape and murder of a minor Dalit girl in Delhi in 2021. The court emphasized the need to protect the identity of the victim on a global scale. Rahul's counsel was informed by the court that while the post had been geo-blocked within India, it remained accessible outside the country. The bench, consisting of acting Chief Justice Manmohan and Justice Mini Pushkarna, directed Rahul's counsel to take prompt action to remove the tweet.
22.12 / 06:53
Target
Cooper
Progressive
economy
country
Threat of global conflict looms large, fuelled by ideological divisions and resource scarcity, says IAF Chief VR Chaudhari
global conflict looms large, fuelled by ideological divisions, resource scarcity and climate change, said Chief of Air Staff, Air Chief Marshal Vivek Ram Chaudhari on Friday. The Air Chief was speaking on India and Global South at the 20th Subroto Mukherjee Seminar organized at Manekshaw Centre. The Air Chief said that the landscape of international relations is constantly shifting and traditional power structures are increasingly being challenged by new players and the threat of global conflict looms large, fuelled by ideological divisions, resource scarcity and climate change which has created interconnected challenges like economic disparity and resource exploitation. «Black Swan events like COVID-19 and conflicts like those we are witnessing across the world have aggravated the situation. In spite of all this, we are witnessing resilience and sustained economic growth by countries of the Global South.
22.12 / 06:07
vaccine
pandemic
country
information
reports
testing
COVID-19 leaves lessons to learn, Trudeau says amid rapid test controversy
COVID-19 pandemic, Prime Minister Justin Trudeau says amid controversy surrounding government rapid test purchases.Trudeau faced questions stemming from a Global News investigation that found a rapid test importer landed an estimated $2 billion in federal contracts in 2021 and 2022, despite giving regulators incomplete data about its product’s accuracy.“During the pandemic, we were doing everything we could in unprecedented ways to get as many different ways of keeping Canadians safe as we possibly could, whether it was on rapid tests, whether it was on procurement of PPE, whether it was on contracts for vaccines, and getting the vaccines needed to make sure that Canadians got through this pandemic,” Trudeau told reporters in Toronto on Thursday.“There’s no doubt (there’s) lots of lessons to learn about things that worked really well, about things that we probably won’t be doing again in the next pandemic when it comes. But every step of the way through the pandemic, it was all hands-on deck with every different way we could do to try and make sure we were saving as many lives as possible, and getting our economy back on its feet as quickly as possible.”A year-long investigation into federal procurement revealed that BTNX, a small rapid test supplier based outside Toronto, deleted dozens of specimens, or samples, from a study it submitted to Health Canada.
22.12 / 05:58
IPO
economy
Experts
country
social
innovations
stars
IPO landscape: Challenges and opportunities for Indian unicorns to go public
₹8,600 crore, that are disrupting various sectors and attracting global investors. In 2022, India added 14 new unicorns, taking the total count to 100, ranking third globally behind the US and China. However, unlike their counterparts in other countries, most of these unicorns have not gone public yet, preferring to raise funds from private sources.
22.12 / 05:15
Provident
Cooper
economy
Align
President
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country
The War in Ukraine Has Created a New ‘Axis of Evil’
Beaming at every turn, North Korean dictator Kim Jong Un toured the jewels of Russia’s military industries in September. A guest of President Vladimir Putin, he gawked at the plant making Su-35 jet fighters, inspected a Russian Navy frigate and examined the Kinzhal missiles at the Vostochny spaceport. Soon thereafter, trainloads of North Korean artillery shells started rolling to Russian troops in Ukraine—by American calculations, as many as one million munitions, or roughly three times what European nations had been able to supply in a whole year.
22.12 / 05:13
Target
CEO
economy
performer
country
reports
Financial
Mitsubishi UFJ Financial Group eyes expansive growth in India amidst positive economic outlook: Report
South Asian nation, according to a report by Bloomberg. Hironori Kamezawa, the CEO of the bank, expressed confidence in India's economic growth, stating, "For India, economic growth is not something that will be a challenge; it's a sure thing," as quoted by the Bloomberg report.
22.12 / 05:08
Citi
CEO
Platform
Remark
country
gatherings
MOAMC collects over ₹1,350 crore via small-cap NFO. Details here
Motilal Oswal Small Cap Fund", Motilal Oswal Asset Management Company (MOAMC) achieved a collection of over ₹1,350 crores. This marks the highest-ever amount gathered for any small-cap active fund NFO in India. The investment firm unveiled the introduction of an open-ended equity scheme focused primarily on small-cap stocks.
22.12 / 05:04
Remark
show
performer
country
cover
reports
MOIL shares rise over 4.5% on strong surge in manganese ore production
₹314.40 apiece following the company's 2023 production update. In a filing to the exchange on Thursday, the company announced that it had achieved a production of over 16 lakh tonnes in the current calendar year so far, marking another significant milestone for MOIL. This production figure represents a remarkable 26% increase compared to the previous record set in 2019.
22.12 / 04:00
Provident
Action
Death
President
country
reports
UN again delays vote on watered-down Gaza aid resolution. The US backs it, others want stronger text
UN Security Council on Thursday again delayed a vote on a watered-down resolution to deliver desperately needed aid to Gaza — a revision backed by the United States, while other countries support a stronger text that would include the now eliminated call for the urgent suspension of hostilities between Israel and Hamas. The revised draft resolution was discussed behind closed doors for over an hour by council members not long after it was circulated. Because there were significant changes, many said they needed to consult their capitals before a vote, which is now expected Friday. US Ambassador Linda Thomas-Greenfield told reporters after the consultations that the United States backs the new text, and if it is put to a vote the U.S. will support it.
22.12 / 02:50
country
Canada offers temporary visas to Gaza residents with Canadian relatives
temporary visas to Canada, the country's immigration minister said Thursday. However, the federal government cannot guarantee safe passage out of the besieged Palestinian territory.
22.12 / 02:37
Citi
country
reports
gatherings
Mumbai
Mumbai is on aerial-attack alert
The scale of the attack aside, when Hamas terrorists flew into Israel on 7 October using paragliders, it took everybody by surprise. After 9/11, air attacks weren’t unexpected, but little had anybody imagined terrorists could use such small flying machines to execute an attack that big, even as Israeli defences were perhaps focused more on land routes.
22.12 / 02:36
Aware
Racing
President
show
country
testing
Trump’s run for the White House will test America’s Rule of Law
In a setback this week for Donald Trump, the Supreme Court of Colorado ordered his name struck off the ballot in the American state’s primary polls for his Republican party to pick its candidate for next year’s presidential election. This has cast a shadow on the candidacy of the former White House occupant, who was held ineligible for federal office under the US Constitution’s 14th Amendment. Brought in after the US Civil War, its Section 3 bars from such positions people who took an oath to uphold the Constitution but “engaged in insurrection or rebellion" against the country or gave “aid or comfort" to its enemies.
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