Cover Financial News

29.05 / 00:19
UPS Provident Enterprise Election cover FY25 capital expenditure outlay may be hiked by 10%
FY25 capital expenditure outlay by 8-10% from the ₹11.11 lakh crore allocated in the vote on account when the full budget is presented thanks to better-than-expected tax revenue and a record surplus transfer by the RBI to the government. «Both tax and non-tax revenue are expected to be better,» a senior official told ET. «Additional surplus transfer from RBI provides enough headroom to spend more.» Finance minister Nirmala Sitharaman presented an interim budget in February as this is an election year. The results will be declared on June 4. The full budget is expected to be announced about a month after the new government is formed.
28.05 / 22:11
UPS Apple Sony film show cover George Clooney and Brad Pitt starrer Wolfs: All you may want to know about release date, plot, cast, filming and production team
George Clooney and Brad Pitt are back together in the thriller 'Wolfs,' set for release on September 20. The film marks their first collaboration since 'Ocean's Eleven' and 'Burn After Reading.'
28.05 / 19:51
markets Booking WhatsApp AXA cover reports Bharti AXA-SBI Life sale talks collapse, PEs may throw in hat
Bharti Group's talks with SBI Life Insurance to sell its life insurance venture is said to have collapsed due to disagreements over valuations, delaying the Mittal family's planned exit from the financial services domain but simultaneously opening a window for private equity investors to buy the firm, said people familiar with the matter. Bharti AXA Life, the life insurer now wholly owned by the Bharti Group of the Mittals, has been available for sale as the family seeks to focus on its core telecom business and exit non-core revenue streams, said those people who did not want to be identified. «The negotiations fell through due to Bharti Group's higher asking price, which SBI Life was reluctant to meet given the declining business of Bharti AXA,» said a source.
28.05 / 15:13
UPS Citi Analysis trends show cover reports What is causing severe heatwaves in Delhi, Mumbai, other big cities? New study explains factors causing heat stress
Increasing relative humidity across all climate zones has worsened the heat index (combination of air temperature and relative humidity) and heat stress in every city," said a trend-analysis report released by the Center for Science and Environment. The study was conducted by the CSE between the summers of January 2001 and April 2024.The CSE explained in its analysis that the heat stress is not just about rising temperatures.
28.05 / 12:33
UPS Discover love beautiful cover Features Amazon Sale on Beauty Essentials - Up to 70% off on makeup and beauty for summer
From vibrant summer-ready makeup to essential skincare products, you'll find everything you need to look and feel your best this season. You can dive into this limited-time offer and indulge in top-brand beauty items at prices that won't break the bank.
28.05 / 11:09
Digital CEO security Deloitte IBM cover rights The rising importance of the chief trust officer
Sriraman Parthasarathy, Partner, Deloitte India, says, “The role of CTrO involves overseeing trust-building initiatives by continuously assessing the trust levels within and outside the organisation. The trust framework chosen by the organisation would typically include several domains covering interalia corporate culture, employee satisfaction, compliance, digital, customer experience, etc. While trust building is a collective responsibility within the company, having a CTrO often makes one person directly accountable to the board, due to the critical and overarching nature of the role.” Shantanu Rooj, Founder and CEO, TeamLease Edtech, explains that the underlying reasoning for this designation is the rising importance of trust in today’s world. The pace of digital transformation, increasing polarisation of media, geopolitical uncertainty and increasing expectations of stakeholders make trust a top-of-mind issue for executives. As more business functions seek to demonstrate trust, the chief trust officer has emerged as a strategic leader to help build trust across the organisation and the surrounding ecosystems.
28.05 / 09:09
Action security Election cover Schools Colleges BJP's 9 'self-goals' will boost BJD's electoral prospect: VK Pandian
Naveen Patnaik's close aide and senior BJD leader VK Pandian on Tuesday claimed the opposition BJP has «committed nine self goals» during the ongoing Lok Sabha and Odisha Assembly polls thus boosting the regional party's electoral prospect. Pandian claimed that the BJP's self-goals will help the BJD and none can stop the regional party from forming the government for the sixth consecutive time. Lok Sabha and Assembly elections are being held simultaneously in Odisha. He also claimed that the BJD has so far by the end of the third phase of Assembly polls, already secured majority to form government in the state and the next and final phase of voting will be held in BJD's stronghold areas.
28.05 / 08:37
COST UPS Target CEO Celebrity cover reports Major retailers are offering summer deals to entice inflation-weary shoppers
Americans who spend Memorial Day scouting sales online and in stores may find more reasons to celebrate the return of warmer weather
28.05 / 08:17
markets Election trends Trade cover Mint Explainer: Why all eyes are on this market indicator ahead of poll results
Mint gives a lowdown on this important indicator. Like futures contracts, options derive their value from cash shares and spot indices like the Nifty and Bank Nifty. The equity market has two segments: the capital market segment, where shares are bought and sold, and the derivatives segment, where stock and index futures and options contracts are traded or hedged.
28.05 / 06:47
markets cover recommendations Updates Elgi Equipments Q4 Results Live : profit falls by 55.18% YOY
₹2.41 for Q4 which decreased by 17.43% Y-o-Y.Elgi Equipments has delivered 2.53% return in the last 1 week, 24.78% return in last 6 months and 19.81% YTD return.Currently the Elgi Equipments has a market cap of ₹20642.84 Cr and 52wk high/low of ₹714.2 & ₹463 respectively.As of 28 May, 2024 out of 3 analysts covering the company, 1 analyst has given Strong Sell rating, 1 analyst has given Sell rating &1 analyst has given Buy rating.The consensus recommendation as on 28 May, 2024 was to Sell.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹76.24CrQuestion : What is Q4 revenue?Ans : ₹865.94CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
28.05 / 06:47
markets cover recommendations Updates Natco Pharma Q4 Results Live : profit rise by 40.07% YOY
₹21.56 for Q4, which increased by 42.79% Y-o-Y.Natco Pharma has delivered 3% return in the last 1 week, 31.9% return in the last 6 months, and 26.87% YTD return.Currently, Natco Pharma has a market cap of ₹18437.57 Cr and a 52wk high/low of ₹1108.35 & ₹615.5 respectively.As of 28 May, 2024, out of 9 analysts covering the company, 1 analyst has given a Strong Sell rating, 1 analyst has given a Sell rating, 1 analyst has given a Hold rating, 4 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.The consensus recommendation as of 28 May, 2024, was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹386.3CrQuestion : What is Q4 revenue?Ans : ₹1068.3CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
28.05 / 06:47
markets Opinion cover Updates Lakshmi Machine Works Q4 Results Live : profit falls by 29.88% YOY
₹61.76, marking a 29.88% decrease year-on-year.In terms of returns, Lakshmi Machine Works delivered -3.96% in the last 1 week, 24.92% in the last 6 months, and 19.69% year-to-date.The company currently boasts a market capitalization of ₹17566.64 Cr with a 52-week high/low of ₹17794.15 & ₹11251 respectively.Analysts covering the company as of 28 May, 2024, have mixed opinions with 1 analyst giving a Strong Sell rating and 1 analyst giving a Hold rating.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹65.98CrQuestion : What is Q4 revenue?Ans : ₹970.65CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
28.05 / 06:47
markets cover recommendations Updates Sumitomo Chemical India Q4 Results Live : profit rise by 52.09% YOY
₹2.2 for Q4 which increased by 52.44% Y-o-Y.Sumitomo Chemical India has delivered 8.69% return in the last 1 week, 14.62% return in last 6 months and 10.6% YTD return.Currently the Sumitomo Chemical India has a market cap of ₹22012.33 Cr and 52wk high/low of ₹449 & ₹336.1 respectively.As of 28 May, 2024 out of 8 analysts covering the company, 1 analyst has given Sell rating, 1 analyst has given Hold rating, 2 analysts have given Buy rating & 4 analysts have given Strong Buy rating.The consensus recommendation as on 28 May, 2024 was to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹109.7CrQuestion : What is Q4 revenue?Ans : ₹674.2CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
28.05 / 06:23
markets Progressive Boxing pandemic students cover Schools Rajasthan Board RBSE 10th Results 2024: Here are result date, how to check via online, sms and other details
Rajasthan Board of Secondary Education (RBSE) is set to announce the Class 10 Board Examination results for 2024 shortly. The board said that the result will be announced by May 20. Students who took the RBSE 10th exams can check their scores online via the official website, rajeduboard.rajasthan.gov.in.
28.05 / 06:23
markets UPS Booking Election wellness cover Schools What to expect from RIL stock going ahead? Deven Choksey answers
«So, to play safe even in this momentum driven market I would not leave the fundamentals. I would keep the fundamentals first and then possibly chase the momentum, that is the approach that we have communicated also to our customers,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd Seems like short covering currently at play, how do you think investors should best use this rebound in the market. Well, it is a slightly challenging market from the momentum point of view. No doubt if momentum continues and if somebody wants to chase this momentum, you have an equal chance of getting disappointed because of the higher amount of VIX on one side and at the same time event risk on the other side.
28.05 / 05:17
UPS Provident Gap Death cover Equality Niva Bupa Personal Accident Plan offers coverage upto ₹10 crore – Explore 10 key benefits
1. Age Limit, Coverage and Policy Options - The minimum age to enter for individuals aged 18 years to 65 years. Whereas, the children aged between 5 and 21 years are covered under the plan.
28.05 / 02:07
markets Provident cover hospital reports recommendations International LIC mulls entering health insurance, explores acquisition opportunities
Life Insurance Corporation (LIC) is contemplating a foray into the health insurance sector and is currently assessing potential acquisition prospects, reported The Times of India quoting LIC chairman Siddhartha Mohanty. The move comes amid a proposal to allow composite insurance companies in the sector. «There is an expectation that composite licences may be permitted by the new govt, and we have done some internal groundwork. While we lack expertise in general insurance, we are interested in health insurance and are also considering opportunities for inorganic growth,» said LIC chairman Siddhartha Mohanty. In February 2024, a parliamentary committee recommended the implementation of composite insurance licenses to reduce expenses and regulatory burdens for insurance providers. At present, life insurance companies are restricted to offering extended health insurance benefits. Enabling life insurance companies to furnish hospitalization and indemnity coverage would necessitate an amendment to the Insurance Act.
27.05 / 19:01
UPS Man Ball wellness cover cricket Gautam Gambhir can be misleading at times but when it comes to crunch times, he has always delivered
If that is actually true, Gautam Gambhir should be well on the way to being anointed, sorry appointed, India’s next coach. The former little left-hand bat has all the bases covered, on and off the field. As a tigerish batsman who overcame a lack of obvious flair and the kind of talent that makes fans go “wow” Gambhir fought for every run. He worked the ball across his pad to leg, cleared his front foot and crunched past midoff, rocked back to swivel and pull off his hips and cut with a view to keeping the ball on the ground, despite being what you might politely call a shortie. Gambhir was a serious player, no pun intended. He was not a great friend of team-mates in the dressing-room, he was not the life of the party and he sure as hell did not smile unless he absolutely had to.
27.05 / 13:05
Man shooting show cover Videos Investigations NOT DJ operator shot dead in Jharkhand's Ranchi for not serving alcohol. Chilling video surfaces
Ranchi. The video of the murder has surfaced and is now circulating widely on the internet. The CCTV footage shows a man wearing shorts, with his face covered and holding a rifle, entering the bar. He then shoots the DJ operator in the chest from point blank range. According to the police, the accused fled the scene after the incident. The accused, along with four others, reached the bar at approximately 1 pm. According to the police, he did not receive any alcohol because the bar was closed.
27.05 / 11:41
Mobile WhatsApp band cover Department Equality rights GST to be paid by telcos along with instalments towards spectrum charges
Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a senior official said. The Department of Telecom (DoT) will hold the next round of spectrum auction on June 6 for eight spectrum bands meant for mobile phone services. The base price for the auction has been set at Rs 96,317 crore. The spectrum will be assigned for 20 years and successful bidders will be allowed to make payments in 20 equal annual instalments in the coming mega auction. The official said Goods and Services Tax (GST) will have to be paid at 18 per cent by telecom companies along with each instalment.
27.05 / 11:17
markets FIVE CEO Election love show cover In final stretch of polls, markets raise a vote of confidence
MUMBAI : Investors in India’s equity markets seem to have regained confidence about political and economic continuity heading into the last leg of the national election. One clear indicator of this is that the net value of the marketwide options' open position plunged from ₹4.96 trillion on 7 May to ₹91,149 crore on 24 May, a day ahead of the sixth phase of the election. The last phase of voting will be held on 1 June, and the election results declared on 4 June.

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