Electronic Financial News
31.10 / 10:51
Apple
WhatsApp
electronic
information
Department
Apple ‘hacking’ alert row: IT Minister Ashwini Vaishnaw says probe ordered into Opposition MPs' allegations
potential bid to hack their iPhones, said Union Minister for Electronics and IT Ashwini Vaishnaw, while addressing the press on October 31. "The government is concerned about this issue and it will get to the bottom of it.
31.10 / 10:35
Manufacturing
economy
band
show
electronic
reports
European stocks edge higher; AB Inbev results help ahead of key data
Investing.com — European stock markets edged higher Tuesday, as investors digested more corporate earnings ahead of the release of key regional growth and inflation data, overshadowing disappointing Chinese activity data.
31.10 / 03:11
Manufacturing
Nikkei
Experts
track
electronic
reports
Japan's bank shares gain on BOJ bets, chip stocks track US peers lower
shares rallied on Tuesday amid speculation that the central bank will loosen yield curve controls later in the day, offsetting a big drop in tech stocks following declines for U.S. peers and disappointing earnings from Panasonic. The Topix banking index climbed 2.25% as of 10:28 local time (0128 GMT) to lead gains among the Tokyo Stock Exchange's (TSE) 33 industry groups. The Nikkei newspaper reported overnight that the Bank of Japan will consider raising the ceiling for long-term yields from the current 1% at its policy meeting likely ending sometime around the TSE's midday trading recess. The benchmark 10-year Japanese government bond yield jumped to a fresh decade high at 0.955% shortly after the market open, while the yen traded around 149.42 per dollar after reaching a nearly two-week high of 148.81 overnight. «It feels to me personally like there's going to be a policy tweak today» by the BOJ, said Kazuo Kamitani, an equity market strategist at Nomura Securities. However, in the event of a hawkish shift, «I don't expect a big swing in the long-term yield from here, as it's already come a good way, but investors will want to confirm that,» he said. Japan's Topix index gained 0.43%, with an index of value shares such as banks rallying 0.65%, outpacing a 0.21% rise for growth shares, which are predominantly tech names . The Nikkei 225 share average, with its heavy weighting for tech shares, slipped 0.18% to 30,640.89. Chip-testing equipment manufacturer Advantest was the Nikkei's biggest drag, shaving off 44 points with a 4.3% slide.
30.10 / 19:15
Strategy
Apple
Experts
show
performer
Inside
electronic
Apple nears $10 bn India revenue
₹49,321 crore, or $5.9 billion, and strong profitability growth in India, as per data from its filing with the Registrar of Companies (RoC). “Apple topped the smartphone revenue chart in India in the first six months, and has also had a very strong two months festive season sales. Due to this, there is strong probability Apple could pip Samsung to the top spot in smartphone revenue in India," said Navkendar Singh, associate vice-president for client devices , International Data Corp.
30.10 / 17:17
BLOCK
Action
President
electronic
reports
prevention
Rare earths player asks FIRB to probe share buying
Rare earths play Northern Minerals has asked the Foreign Investment Review Board to probe whether recent share acquisitions are part of a covert attempt by Chinese interests to gain control of its strategically important assets in Western Australia.
30.10 / 15:55
Citi
WhatsApp
electronic
information
reports
Department
medicines
Leopard roaming on Bengaluru streets, chased by dogs | Watch video
PTI. “We have asked the doctor at the Bannerghatta Zoo to be there with medicines and as a precautionary measure, our forest officials with tranquiliser guns have also been deployed in the area. As soon as we spot it (the leopard), we will take it away and tranquilise it if required," Malkhede also told PTI.
30.10 / 13:05
Target
Digital
CEO
electronic
reports
Western Digital to split flash memory business after Kioxia merger talks stall
(Reuters) -Western Digital said on Monday it would split itself into two companies that would focus on the hard drive and flash memory markets, days after talks of a merger with Japan's Kioxia stalled.
30.10 / 08:03
FIVE
Career
Strategy
stage
electronic
information
Department
Railtel Corporation of India is recruiting for 81 managerial posts: Everything you need to know
Railtel Corporation of India Limited is hiring for 81 vacancies across different managerial roles. Railtel is looking to fill 26 assistant manager (technical) posts, 27 deputy manager (technical) posts, 15 deputy manager (marketing) posts, 6 assistant manager (finance) posts, and 7 assistant manager (HR) posts.
30.10 / 06:37
Experts
show
electronic
reports
BEL shares down 0.41% as Nifty gains
Bharat Electronics Ltd. traded 0.41 per cent down in Monday's trade at 11:52AM (IST). Around 361,981 shares changed hands on the counter.
30.10 / 06:13
Citi
Target
Aware
Manufacturing
electronic
innovations
reports
These 4 trends could lead to a 7% GDP growth in the next decade: Let's find out
Narendra Modi is embracing a liberalization and globalization growth model. While investors are aware of India’s ambitious targets for growth, exports and consumption, they may be less aware of the commitment to innovation and liberalization required to achieve these targets, it stated. These, as per the report, include: 1.
30.10 / 01:33
Experts
electronic
Demat securities made must for big unlisted private companies
stock and clamp down on shell companies that are often used to launder unlawful cash. «It is a matter of common knowledge that in the case of private companies, it is not rare that the shares of the company are registered in the name of persons who are not traceable, do not have valid PAN or similar identification numbers, or remain unidentified,» said Payal Agarwal of Vinod Kothari Consultants. «Historically, dematerialisation of shares is looked upon by the government as a means to curb black money.» As of January 30, 2023, more than 1.3 million private companies are registered with the Ministry of Corporate Affairs (MCA), which has given time to the unlisted large companies to convert stock into electronic form by September next year. Legal experts believe share dematerialisation is necessary to combat malpractices, including benami transactions and back-dated issuance of shares.
29.10 / 17:11
electronic
information
Updates
Andhra Pradesh trains collision LIVE Updates: Passenger train derails, 6 dead, 25 injured
TRAINS CANCELLED08527(R-VSKP) JCO:30.10.2023 IS CANCELLED08528(VSKP-R) JCO:30.10.2023 IS CANCELLEDTRAINS DIVERTED.03357 (BJU-CBE) JCO:28.10.2023 IS DIVERTED VIA TIG-R-NGP-BPQ-KZZ-BZA18189(TATA-ERS) JCO:29.10.2023 IS DIVERTED VIA GTLM-TIG-NGP-BPQ-KZZ-BZA11020(BBS-CSMT) JCO:29.10.2023 DIVERTED VIA VZM-TIG-R-NGP-KZZ12703(HWH-SC) JCO:29.10.2023 DIVERTED VIA VZM-TIG-R-NGP-KZZ12245(HWH-SMVB) JCO: 29.10.2023 DIVERTED VIA VZM-TIG-R-NGP-BPQ-KZZ-BZATRAINS SHORT TERMINATION20809(SBP-NED) JCO: 29.10.2023 IS SHORT TERMINATED AT VZM AND TRAIN WILL RETURN AS PASSENGER SPL EX VZM TO SBP.17479(PURI-TPTY) JCO: 29.10.2023 IS SHORT TERMINATED AT BALU AND TRAIN WILL RETURN AS PASSENGER SPL EX BALU TO PURI.07468(VSKP-VZM) JCO: 29.10.2023 IS SHORT TERMINATED AT PDT AND TRAIN WILL RETURN AS PASSENGER SPL TO VSKP.11019(CSMT-BBS)JCO:28.10.2023 IS SHORT TERMINATED AT VSKP.SERVICE BETWEEN VSKP & BBS IS CANCELLED.TRAINS SHORT ORIGINATION:11020(BBS-CSMT) JCO:30.10.2023 IS SHORT ORIGINATED AT VSKP SERVICE BETWEEN BBS-VSKP IS CANCELLED. WIDE PUBLICITY TO BE ENSURED THROUGH STATION NOTICE BOARD AND PA SYSTEM ENROUTE, PRINT AND ELECTRONIC MEDIA, BULK SMS AND SUCH ALL OTHER AVAILABLE MEANS TO AVOID INCONVENIENCE TO THE PASSENGERS.""There was a rear collision between the Visakhapatnam-Palasa passenger train and the Visakhapatnam-Ragada passenger train.
29.10 / 15:17
Booking
Manufacturing
Mobile
Xiaomi
Motorola
electronic
Dixon’s mobile biz is setting the tone
Dixon Technologies (India) Ltd for the September quarter (Q2FY24). Thanks to the 77% year-on-year growth, the segment’s contribution in the overall revenues rose to 57% from 41% a year ago. Mobile segment growth was led by execution and new client additions.
29.10 / 13:49
Strategy
Interface
Inside
electronic
prevention
New tech can lead to safer EV batteries: researchers
The study, published in the journal Nature, suppresses the growth of lithium dendrites — damaging branch-like structures that develop inside so-called all-solid-state lithium batteries preventing firms from broadly commercialising the promising technology.
29.10 / 10:27
Provident
Digital
Netflix
film
show
country
electronic
WTO
services
India pitches for clear definition of ecommerce trade in goods, services in WTO
India has asked the WTO members to work on a clear definition of e-commerce trade in goods and services as it would help provide developing countries a policy space to make decisions on the fast-growing sector, an official said. At present, there is a difference of understanding about the subject between developed and developing member countries of the World Trade Organization (WTO). The issue came up for discussion during a recent meeting of senior officials of WTO members in Geneva last week.
29.10 / 08:25
Digital
Entertainment
MakeMyTrip
electronic
information
travelers
Bank of Baroda offers zero balance ‘bob LITE Savings Account’ with lifetime-free credit, debit cards
bob LITE Savings Account’ details: Bank of Baroda (BoB) has introduced bob LITE Savings Account, which is a Lifetime Zero Balance Savings Bank Account. The facility has been launched as a part of “BOB Ke Sang Tyohaar Ki Umang” festive campaign. bob LITE offers customers a hassle-free banking experience without any minimum balance requirement, the bank said in a statement.
28.10 / 15:13
Reuters
Manufacturing
Enterprise
NVIDIA
voice
electronic
reports
Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
The Biden administration is contemplating measures to plug a loophole that has been enabling Chinese firms to acquire U.S. artificial intelligence (AI) chips through overseas channels, as reported by Reuters on October 13, 2023. This move underscores Washington's ongoing effort to curb China's burgeoning AI capabilities which are significantly anchored on U.S. chip technology.
28.10 / 08:09
WhatsApp
electronic
BEL Q2FY24 results: Net profit jumps 32.9% YoY, total income rises 3.55%
Q2 results today: Beating the market edstimates, Governmetn of India (GoI)-owned Bharat Electronics Ltd has declared its second quarter results on Saturday. The board of directors of the aerospace and defence electronics company considered and approved the unaudited financial results of the company in its board meeting today.
28.10 / 01:35
Manufacturing
Platform
Mobile
Apple
economy
Experts
electronic
Premiumisation trend: Consumers are no more enticed by entry-level cars, TVs and phones
purchasing power. Separately, manufacturers have also shifted their attention to marketing premium products that offer better profit margins, industry experts said. Most budget models in electronics have moved to ecommerce platforms.
28.10 / 00:03
SEC
CEO
Platform
Bill
electronic
reports
LPL’s Arnold eyes ‘opportunity’ created by Schwab integration of TD
This week, Charles Schwab Corp. CEO Walt Bettinger called the process of moving registered investment advisors working with TD Ameritrade onto Schwab’s custody platform “imperfect.” A day later, Dan Arnold, CEO of LPL Financial Holdings Inc., a broker-dealer that is increasingly focused on RIA custody, said “opportunity” often results from such combinations.
27.10 / 20:07
Platform
Experts
show
electronic
consequences
Revenue growth marks start of new upcycle at Reliance
Reliance Industries (RIL) revenue streams — from energy to retailing and telecom — demonstrated robust growth in the second quarter. Operating profit at India's biggest company advanced 30% year-on-year to ₹44,867 crore. At the aggregate level, margins climbed nearly 4 percentage points due to more than 30% revenue growth in oil-to-chemicals (O2C), exploration and retail segments that together account for 81% of the revenue and two-thirds of operating profit at the conglomerate.
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