Cover Financial News
22.05 / 20:59
markets
Rolex
cover
Updates
Rolex Rings Q4 Results Live : profit falls by 49.1% YOY
₹17.51 for Q4 which increased by 2.79% Y-o-Y.Rolex Rings has delivered 28.13% return in the last 1 week, 8.32% return in the last 6 months and 2.05% YTD return.Currently, Rolex Rings has a market cap of ₹7004.14 Cr and 52wk high/low of ₹2677.4 & ₹1720 respectively.As of 23 May, 2024, out of 2 analysts covering the company, 1 analyst has given a Hold rating & 1 analyst has given a Strong Buy rating.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹23.62CrQuestion : What is Q4 revenue?Ans : ₹316.34CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
22.05 / 20:59
markets
cover
recommendations
Updates
Thangamayil Jewellery Q4 Results Live : profit falls by 8.99% YOY
₹10.29 for Q4 which decreased by 9.04% Y-o-Y.Thangamayil Jewellery has delivered 0.88% return in the last 1 week, -13.26% return in last 6 months and -16.23% YTD return.Currently, Thangamayil Jewellery has a market cap of ₹3427.84 Cr and 52wk high/low of ₹1549.5 & ₹587.52 respectively.As of 23 May, 2024, out of 2 analysts covering the company, 1 analyst has given Buy rating & 1 analyst has given Strong Buy rating.The consensus recommendation as on 23 May, 2024 was to Strong Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹28.24CrQuestion : What is Q4 revenue?Ans : ₹981.16CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
22.05 / 20:17
Citi
WhatsApp
students
cover
information
reports
Destinations
Venice made $1 mn from the implementation of €5 Tourist Tax in April
Venice implemented a €5 ticketing system for day visitors last month. The city has already said that nearly one million euros have been collected in the first 11 days of the tax application, SchengenNews reports. Local media sources told Schengen visa news that from April 25 to May 5, approximately 1,95,000 tickets were sold, slightly surpassing projections and generating €975,000 in revenue. However, this amount falls short of covering the expenses associated with establishing the online reservation system, conducting information campaigns, and managing ticket controls, which amounted to three million euros.
22.05 / 19:53
22.05 / 18:23
22.05 / 16:59
Digital
SEC
security
Bill
cover
innovations
Biden opposes digital asset bill
The Financial Innovation and Technology for the 21st Century Act (FIT21), if passed, would establish a regulatory framework for digital assets, covering areas such as consumer protections, the use of crypto in illicit finance.However, SEC chair Gensler warns that the bill would remove investment contracts that are recorded on a blockchain from the statutory definition of securities."Further, by removing this set of investment contracts from the statutory list of securities, the bill implies what courts have repeatedly ruled - but what crypto market participants have attempted to deny - that many crypto assets are being offered and sold as securities under existing law," says Gensler.The Biden administration has also come out against the bill, saying that, in its current form, it "lacks sufficient protections for consumers and investors who engage in certain digital asset transactions".Continues the statement: "The Administration looks forward to continued collaboration with Congress on developing legislation for digital assets that includes adequate guardrails for consumers and investors while creating the conditions needed for innovation, and further time will be needed for such collaboration."In contrast, Republican presidential candidate Donald Trump and major crypto firms including Gemini, Kraken, Coinbase and the Digital Currency Group all back the bill.Glenser adds: "The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear. It’s because many players in the crypto industry don’t play by the rules.
22.05 / 15:33
COST
Pinnacle
performer
cover
exclusive
innovations
Features
Mercedes-Maybach GLS 600 4MATIC SUV and AMG S 63 E Performance Edition 1 sedan launched in India: Details
Mercedes-Maybach GLS 600 4MATIC SUV radiates sophistication, boasting comfort, and a striking design that reinforces Mercedes-Benz's dominance in the SUV segment.
22.05 / 15:27
Progressive
Career
Sustainability
Diversity
performer
cover
Schools
NOT
Writing is easy, not living: Challenges in implementing family business constitutions
constitution for the family business has gained popularity, with many wishfully viewing it as a cure-all for their current and future challenges. While creating a constitution is essential, families should understand it merely marks the initial phase in fostering a cohesive family business. In reality, numerous families face difficulties in actualizing the principles outlined in the document into practical, everyday reality. We discuss here the key challenges encountered in implementing a family business constitution. Concept of Family Business Constitution (FBC): There are fundamental differences in the two systems of family and business, necessitating clarity across various levels to ensure the enduring strength of the combined entity. Serving as a guiding document, the FBC is instrumental in preserving harmony, values, wealth, and the long-term sustainability of the family business. It establishes a foundational framework governing diverse aspects of family dynamics and their interplay with business operations, encompassing pivotal areas such as decision-making processes, roles and responsibilities of family members, and mechanisms for conflict resolution spanning multiple generations. While many families opt for a written constitution for its clarity and specificity, an unwritten constitution relies on shared understandings and traditions transmitted across generations.
22.05 / 05:05
markets
COST
IPO
Digital
band
show
cover
Indian Emulsifier share price lists with stellar 225% premium, at ₹430 on the NSE SME
₹430 a piece on the NSE SME on Wednesday. Indian Emulsifier share price post listing hit highs of ₹451.50 and lows of ₹410.05 The Issue that opened for subscription on the Monday 13 May 2024, had closed on Friday 17 May 2024. The issue received an overwhelming response being subscribed 460 times and 484 times in the retail category.
22.05 / 05:05
Citi
Waters
SUN
cover
infection
Schools
Spare a thought for people who live amid heaps of urban garbage
₹10,000 in a good month and ₹4,000 in a bad one, depending on how much territory they scrounge. Most cover 30-40 kilometres on foot every day. If they don’t, because of illness, they lose that day’s earning.
22.05 / 01:17
markets
CEO
Trade
show
cover
International
NOT
Silver had a sparkling run. What comes next may not be pretty
MUMBAI : With silver trading at higher than ₹90,000 a kg on commodity bourse MCX, market stakeholders warn that any increase toward the psychological ₹1 lakh level could result in a profit-booking spree. The white metal has risen 26% from ₹73,501 a kg to a record ₹92,475 in the year-to-date, MCX’s spot price index shows.
21.05 / 22:35
21.05 / 21:39
Netflix
wellness
performer
cover
audience
reports
Features
Worst Roommate Ever Season 2: See what we know so far about renewal, release date, trailer, new episodes and production
Netflix has renewed the docuseries 'Worst Roommate Ever' for a second season, a Deadline report said. The series, which explores unsettling true stories of nightmarish roommates, will return on June 26 with four new episodes. Renewal
21.05 / 18:09
Platform
security
Mobile
cover
electronic
reports
Features
Samsung Galaxy Z Flip 6 receives BIS Certification, hinting at imminent lndia launch
Samsung Galaxy Z Flip 6 has secured BIS certification, bearing the model number SM-F741B. Screenshots shared by the publication indicate that the certification was granted on Monday, May 20. While the BIS listing confirms the phone's launch in India, it does not divulge any specific details regarding its specifications.
21.05 / 14:59
UPS
Election
President
Justice
cover
information
Donald Trump declines to testify at hush money trial as defense team rests case
Donald Trump's defense team rested its case in the criminal hush money trial on Tuesday without calling the former U.S. president to testify. Trump's lawyers called two witnesses in his defense. Justice Juan Merchan said jurors would return next Tuesday to hear closing arguments, with deliberations likely beginning the following day.
21.05 / 14:29
UPS
Citi
FIVE
economy
cover
reports
Global Cities Index 2024: Delhi better than Mumbai in economy, quality of life; UP's Sultanpur grabs last spot on list
ALSO READ: Mumbai most expensive city for expats in India; see full list here According to the report, Delhi fared better than Mumbai in several parameters, including Economics, Human Capital, and Quality of Life. Delhi was worse in the Environment ranking, while all the Indian cities ranked 380 on Governance.
21.05 / 14:29
Citizens
country
cover
travelers
Schengen Visa fees hike: Europe trips to get costlier as European Commission hikes fee by 12%
₹8,200) It is important to know that the Schengen area covers 29 countries, including 25 European countries. The countries that are part of the Schengen area are Germany, France, Italy, Spain, Norway, Switzerland, Poland, Portugal, Romania, Luxembourg, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Greece, Latvia, Lithuania, Hungary, Malta, Netherlands, Austria, Slovenia, Slovakia, Finland, Sweden, Iceland, and Liechtenstein.
21.05 / 12:57
markets
Provident
Assurant
security
Align
Bill
cover
Financial
3 ways bonds can help you meet short-term financial goals!
Have you ever thought about how you can leverage debt instruments to meet your short-term financial goals? The biggest advantage with investment in bonds is that they can be easily converted into cash, so liquidity can never be an issue.
21.05 / 12:57
IPO
Aware
Platform
cover
travelers
Features
rights
Upstox enters insurance distribution space, adds HDFC Life as its first insurance partner
Ratan Tata-backed fintech platform Upstox has announced its foray into the insurance distribution business. HDFC Life is among the first insurers to partner with Upstox and feature its term insurance plans on the latter’s platform.
21.05 / 08:19
markets
UPS
Parke
Bill
cover
exclusive
Financial
How can using a credit card for emergencies affect your financial health?
emergency funds. While the idea of having an emergency fund is mostly agreed upon by everyone, where one parks the emergency money often results in different responses. In general, and for small amounts, a combination of a separate savings account and fixed deposits is enough.
21.05 / 06:25
markets
cover
electronic
recommendations
Updates
Bharat Electronics Q4 Results Live : profit rise by 30.04% YOY
₹2.46 for Q4 which increased by 29.73% Y-o-Y. Bharat Electronics has delivered 15.15% return in the last 1 week, 77.14% return in the last 6 months and 40.5% YTD return.
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